meta_pixel
Tapesearch Logo
Log in
Seeking Wisdom with David Cancel

#Growth 6: When & How to Make Your First Growth Hire

Seeking Wisdom with David Cancel

Molly Sloan

Business, Entrepreneurship

5610 Ratings

🗓️ 20 February 2019

⏱️ 23 minutes

🧾️ Download transcript

Summary

On today's episode of #Growth, host Matt Bilotti and Drift's VP of Growth, Guillaume Cabane, answer the million dollar question – when to make your first growth hire (and how). Here are a few hints: Make sure you've found product-market fit, a proven way for people to buy your product and a true customer base. Growth teams are the most effective when they're able to reduce friction in your acquisition funnel. If there's no funnel...you don't need a growth person. So before even making your first hire, be sure to establish demand and educate the market about your offering. Also in this episode – how growth teams should communicate with other areas of the business, setting up feedback loops, goal sharing and more.

Transcript

Click on a timestamp to play from that location

0:00.0

What's up? Welcome to...

0:11.0

We're back. Oh, that's D.C.'s line. I don't know if you could use that.

0:15.4

Yeah. I don't know. We'll see. We'll see. Yeah, we are back. I got G. Here with me, Guillaume, VP of Growth at Drift. Great to have you. Thanks, G.

0:25.6

Thanks, Matt. Thanks, everyone for listening in.

0:28.1

Yeah. So today, we're going to talk a little bit about the role of a growth team, right? How is a growth team built? Like, maybe you work at a company where there is no growth team yet or there's a person with a title growth. Like where do they fit in? How do you grow a team around that? What does structure look like? And then how do you do things like communicate with other parts of the business, like set up feedback loops? How do you set your goal? So that's kind of the topic for today. How does that

0:54.9

sound to you, G? That sounds pretty good. And I want to start by evacuating and putting away one

1:00.1

question I get all the time. Let's do it. When should we have a growth team? When should I

1:05.9

do my first growth higher? Oh, the million-dollar question. Yeah, all the time. I get that. And my answer is, well, first, you need to have a product, right? And so then, like, 50% of the people go away, saying, oh, wait, okay, I don't have a product yet, right? Second, you need to have product market fit. What that means is that you need to have people, you need to have a proven way to get people to buy,

1:29.5

people that you don't know, right, that buy.

1:32.6

That's an important part.

1:33.7

Yeah, that's an important part.

1:35.1

Yeah, yeah, your aunt does not count.

1:37.6

And at a certain volume, growth people are generally good at reducing friction within your acquisition or your onboarding

1:46.3

or your setup funnel, increasing scale.

1:49.2

If there is no funnel or if there's nothing to improve because there's nothing, it's not

1:54.5

a growth person you need, all right?

1:57.0

You either need someone to build the product or you need a demand generation marketer to create

2:00.8

the demand.

2:01.6

And even worse, and then we can move on, growth will not work if you need to educate the market about your product because no one knows or no one understands what your product does.

2:12.6

Then what you need is DG, right? You need Dave Gerhardt.

2:15.9

You need a market that's good at

2:18.2

educating the market. Growth is typically not good at that. Growth is extremely good when you're

...

Please login to see the full transcript.

Disclaimer: The podcast and artwork embedded on this page are from Molly Sloan, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Molly Sloan and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.