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To build their initial deal pipeline, Madison hired recent graduates to cold-call thousands of mortgage brokers from lists bought from InfoUSA. This outbound, educational approach systematically built their brand and deal flow, proving that high finance can start with scrappy, scalable sales tactics.
Effective cold calling is not about one-off attempts. To truly penetrate an account, SDRs should aim to call a single high-value prospect 12 to 15 times within a 90-day window. This benchmark enforces consistent, focused effort over time, moving away from a low-yield "spray and pray" approach on massive lists.
Contrary to the belief that "cold calling is dead," Goldcast saw significant success by hiring an outsourced SDR team that focuses purely on phone calls. This success proved the channel's viability, shifting the internal focus to solving data hygiene problems to get accurate phone numbers.
Instead of using data providers like ZoomInfo, Datarails built its early GTM engine on manual LinkedIn outreach. The founders personally identified and contacted target CFOs, scaling this "unscalable" motion to generate enough high-quality leads to fuel growth to over $15M ARR before adding inbound marketing.
Dedicate call blocks to connect with junior employees at a target account. The goal is not to book a meeting with them, but to gather intel on internal challenges and key players. Use this information to craft a hyper-personalized message for the actual decision-maker.
Relying on inbound deal flow is like buying a house in a competitive market. The best deals, like off-market real estate, are found through proactive, direct outreach. This "hard work" of building relationships and creating opportunities leads to better terms and less competition.
Instead of waiting for companies to hire a banker, Zayo's strategy was to build a brand as the preferred buyer in their space. By developing relationships years before a potential sale, they ensured that when companies were ready to sell, Zayo was the first call. This allowed them to get in front of formal auction processes and create proprietary deal flow.
Contrary to the PLG trend, Canary focused on building a scalable outbound sales engine first. Their rationale: if you can make cold outreach profitable, you have a more controllable growth lever. Inbound can then be layered on top as a bonus, rather than being the sole, less predictable driver of growth.
To fill her sales calendar without sacrificing her own time on manual outreach, Merge's founder hired a college intern. The intern's sole job was to research prospects and send cold outbound messages using the founder's identity, allowing the founder to focus only on booked meetings.
Instead of traditional sales tactics, Pipeline's founder approached lead generation like an engineer. He systematically identified data sources (like CES exhibitor lists), created a process for outreach, and executed it. This methodical cold outreach campaign quickly generated enough work to sustain the business for years.
Instead of reinventing the wheel, identify top operators in non-competing industries who excel at a specific function (e.g., Yelp marketing). Offer value upfront, like buying their team lunch, in exchange for an hour of their time to learn their exact playbook.