Hey - itβs Alex!
Today, we cover 10 GTM myths from β¬0 to β¬1 million ARR and what you should do instead.
Bonus: List of my vetted Go-to software tools for early-stage SaaS startups
In case you missed the last 3 episodes:
β Hiring your first GTM team: 9 common mistakes
β Social Listening Guide: Identify high-intent mentions to grow your SaaS
β 4 Allbound Playbook to Generate Pipeline in 2025
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Over the last 3+ years, Iβve been helping SaaS founders build their GTM foundation on their journey from β¬0 to β¬1 million ARR.
I worked with 20+ founders, have been a part of 3 B2B startups myself, and talked to 150+ founders and GTM leaders, so I've heard a lot about GTM.
Including a lot of myths about GTM for early-stage SaaS.
So Iβve decided to write a newsletter about the 10 most common GTM myths.
10 Common GTM Myths of Early-Stage Founders
Here are 10 GTM myths I hear a lot from founders on their way to 1β¬ million ARR.
β Myth #1: Our ICP are βcompanies with 1-100β¬ million revenueβ - so everyone
Skip the FOMO. Start with early customers.
In the early days, you usually donβt have the resources to serve everyone.
Start with initial customers (beachhead segment) and then scale from there.
And also remember, your TAM is not your ideal customer profile. Especially if youβre VC-funded and talk a lot about the HUGE market, itβs a common mistake.
Your TAM is something you will (eventually) win in 5+ years, but not today.
You will have multiple different ICPs over time.
The 'ideal' customers in the 0 to 100k β¬ is different than your 'ideal' customers from 1β¬ million to 5β¬ million etc.
So live with the fact that your ICPs will change over time.
Think about it this way: Your ICP today brings you to your next milestone.
Once you hit the next milestone, you can revisit your ICP.
π‘Action step: Analyze your initial customers and map their Ideal Personas (User + Buyer) and Ideal Company. Use this framework to build your ICP.
β Myth #2: Our product is all-in-one
Founders face this dilemma in the early days.
"Should I build everything for everyone from the start, or take it one use-case at a time and scale it at the next stage?"
Investors specifically love an all-in-one vision for a product, and it is appealing too!
They want to become this mega tool where their customers can:
Have all their data,
Manage all workflows
Have multiple use-cases
β But it's not the best way to enter a market.
Instead,
β
Identify a subsegment of the market that you want to cater to.
β
Find 1-2 most appealing use-cases for them.
β
Build just those use-cases to start with.
So instead of being the βall-in-oneβ from day 1, focus on 1-2 essential features that your customers need, and then diversifying as you scale.
π‘Action step: Figure out what is most needed for your ICP. Focus on solving and scaling that first, before you move on to add other products/use-cases.
β Myth #3: We just hired a sales agency to fix sales
Founder sales BEFORE outsourced sales.
Itβs the foundersβ job to win your first clients, find patterns, iterate, and build the first version of GTM.
Donβt hire a sales agency or sales consultant to do this early for you.
YOU need to build a GTM playbook first.
They can βscaleβ what works, but they donβt build a message-market fit for you.
Once you have found something that works, you can add more resources.
π‘Action step: Step into the trenches and do your first few sales. Only when you need more capacity can you hire someone who helps you sell (but not replaces you).
β Myth #4: My prospects want to see all features, thatβs why I demo all features
Iβm shadowing a lot of sales demos. And it happens a lot that instead of a demo, I see more of a product training.
Demo is NOT a product training.
As a founder, itβs tempting to show everything your product can do. But you need to keep the engagement high and get a 2-way conversation.
So focus on your top 3-4 features, the ones that matter to them.
π‘Action step: Focus on the most important pain points of your prospect and show them only the features that can solve these. Read Ultimate SaaS Product Demo Guide.
β Myth #5: We do all channels at the same time - Outbound, Content, PPC, SEO, Events, Affiliatesβ¦
Each channel works differently, takes time to master, and takes up resources. And resources are limited at an early stage.
So instead, focus on 2-3 channels max - better only 1-2 channels. Do more of what works.
π‘Action step: Do smaller tests to figure out which channels work and go all in on just those.
β Myth #6: We donβt have any competition
Iβm 100% sure that this is NOT true. Every company has competition.
You just need to identify your competition from a customer perspective.
Your competition does not always have to be direct. It can be indirect (alternative solutions) or status quo, too. In fact, a lot of the time itβs the status quo.
I like to separate between 3 types of competition.
1οΈβ£ The DIRECT competition
Those are companies, that do the same.
2οΈβ£ The INDIRECT competition
Also referred to as alternative solutions. There are other ways you can achieve the same result/ fix the problem, including Excel, manual work, hiring someone, or patching together non-purpose tools
β> Check out April Dunfordβs Positioning book to learn more about it.
3οΈβ£ Status Quo
NOT DOING ANYTHING. Prospects stick to what they do right now.
π‘Action step: Talk to potential customers and identify your competitors - you always have competition.
β Myth #7: We only lose deals because we are too expensive
This is hardly ever the case. Most startups undercharge.
But if you track your βlost reasonsβ and this still comes up as a top reason, chances are that the prospect did not experience full value from the product.
So when I hear this from founders, I try to understand 2 things:
1οΈβ£ Do you track your lost reasons properly?
2οΈβ£ Are you sure itβs a pricing issue or rather that youβre not delivering enough value?
π‘Action step: Track lost reasons properly, make sure to always ask for the βrealβ reasons, and work on your value proposition.
β Myth #8: My product sells itself, I donβt need marketing/sales
To be honest, I hear this one less and less, but itβs still something I hear more than once a month.
Itβs especially true for technical founders building a PLG product.
You can have the best product in the world, but if nobody knows about it, how will it sell?
If they donβt know you exist, they wonβt be able to buy.
You need to use marketing and sales to tell your ICP how your product will enable them to do things that they could not do before.
So every SaaS company needs marketing & sales. The only things they change are the βhowβ - like what channels, what messaging, etc.
π‘Action step: Iβm sorry to tell you, but you will have to learn how to market and sell your product. π€
β Myth #9: Our GTM strategy is Google Ads & Influencer campaigns
GTM strategy first. THEN growth tactics. These are all growth tactics - ways to execute your GTM strategy.
It might be true that this channel could work for you.
But they only work if you know your:
β Ideal Customer Profile
β Positioning
β Messaging & Value Proposition
β Pricing
β Sales Process
And this is: Your GTM strategy.
For your GTM motion to work, you need to build your strategy first, then focus on tactics.
π‘Action step: Get clarity on your GTM foundations like ICP, positioning, messaging & value proposition, pricing, and sales process.
β Myth #10: We have first beta customers, now we want to βscaleβ.
The β¬0 to 1β¬ million ARR phase is not 1 phase - itβs rather (at least) 3 different stages.
So when founders tell me they have a handful of clients and now want to scale, I tell them this is the wrong approach.
Scaling comes after you have found repeatable and predictable growth.
So instead of looking for scale from day 1, take it step by step.
P.S. The next newsletter will be about building your GTM foundation in Stage 1 and Stage 2.
β Bonus Myth: Your GTM Advisory is probably not very hands-on and actionable
I hear this concern in about 20% of my sales calls from founders who want my support in building their GTM foundation.
And I get it. You donβt want any βcorporate advisoryβ - you need actionable, hands-on support. Someone whoβs in the trenches with you.
How I see our roles:
I act as your GTM co-pilot,
But you, the founder, are the pilot.
This means:
I guide you hands-on on what to do next and how (Drafting, reviewing, sharing best practices & templates)
You own the operations (talking to clients, writing emails, building your websiteβ¦)
We run bi-weekly GTM sprints with clear action items. You get templates and best practices, and I review everything you do. Iβm in the trenches together with you.
So yes, my GTM advisory is very hands-on and actionable. I help you to do the right things at the right time, keep you accountable, and reduce trial and error.
But Iβm not βoperationalβ. Thatβs the job of the founder(s).
π‘Action step: Book a free intro call to learn how we can build and execute your GTM foundations in my 1-on-1 GTM advisory.
Now you know the 10 most common GTM myths for early-stage SaaS founders.
βοΈ Hit reply and let me know your top GTM myth.
Happy growth π
3 ways I can help you grow your SaaS to β¬1 million ARR π
1οΈβ£ Build your SaaS GTM strategy with my free Workbook (helped 5000+ SaaS leaders)
2οΈβ£ Get access to 100+ actionable SaaS growth tactics (helped 250+ SaaS leaders)
3οΈβ£ Work 1-on-1 with me - GTM Advisory for SaaS founders from 0β¬ to β¬1 million ARR