At a Glance
Company
Anonymised
B2B Tech SaaS
Challenge
Growth collapsed from 63% to 12% in about six months, then stalled for a year; replacing the sales team twice changed nothing while the burn multiple sat at 4.1.
Key insight
The decline was a product-market fit problem, not sales execution; pricing, packaging, self-service and segmentation had all drifted out of fit as the market shifted.
Approach
I led a structured product-market fit diagnosis and an 18-month, company-wide rebuild of the offering, pricing, go-to-market and customer journey with the team, done the traditional way.
Results
ARR grew 51% to CHF 4.8M in a year · burn multiple down from 4.1 to 1.7 · revenue per employee up 94% · average contract value from CHF 6'500 to over CHF 9'000. The result was clear, but it took about 18 months to achieve. Wanting that kind of turnaround in weeks, and fit watched continuously rather than rediscovered in a crisis, is what motivated us to build Venture Guidebook.
Full Story
Rebounding to 51% Growth shouldn't take 18 months
Before Venture Guidebook existed, I led an 18-month turnaround for a B2B SaaS scale-up whose growth had collapsed. The work paid off, and it paid off because a team made it happen. Annual recurring revenue grew 51% in a year, and the company became healthy again. I set the direction and made some hard calls, but the result came from people across product, marketing, sales and customer success pulling in one direction. As in sport, you win as a unit, from goaltending to offence, and that is how this one was won. Reaching that result took about 18 months of hard, mostly traditional strategic change, and that gap between seeing what to fix and being able to fix it fast is one of the reasons we built Venture Guidebook.
The leadership meeting nobody wanted
I walked into a leadership meeting nobody wanted. Growth was stuck around 12%, a year after it had been 63%. The burn multiple sat at 4.1, and investors were not satisfied with the answers they were getting.
The company had already tried what most operators reach for first. Lead generation agencies. Sales enablement programmes. Two separate overhauls of the sales team. None of it stopped the decline. The sales team kept saying that the packages had become very hard to sell and the price was too low.
Fast growth, then friction
The growth path: fast pandemic-era growth, then fit around customer needs eroded, and growth fell to 12%, then a systematic rebuild returned the company to 51% ARR growth.
During the pandemic, everything worked. Teams leaned on technology, lockdown drove demand, and the company rode the shift to remote work, growing by nearly 80% in some quarters.
Then the economy turned. Interest rates rose, budgets tightened, and remote work settled into either a new normal or a return to the office. The company's own attempts to pivot ate months of focus and changed little. Product-market fit, strong during the boom, eroded quietly while the leadership was busy with operational execution. Win rates fell, sales cycles stretched, and the pipeline filled with deals that never closed.
The real problem was fit, not sales
When I ran a structured product-market fit diagnosis of the business, the gaps showed within weeks.
Pricing was too low for the value delivered. Customers would have paid more, and the company was not asking.
The offering was too rigid. Competitors sold flexible monthly plans while this company locked customers into annual contracts, so a team that needed the product for a few months still paid for the year.
Self-service did not exist. Smaller teams wanted to buy as they went, yet every deal needed a sales call and a contract, which tied up reps on small accounts while bigger ones waited.
Priorities were unclear. Sales chased any deal and product built whatever was asked, with no agreement on which segments mattered most.
Delivery was misaligned. Touchpoints, handovers and responsibilities were fuzzy, and teams worked around disconnected processes without a clear customer journey.
None of this was a sales problem. The company's fit with its market had moved, and the offering, pricing, buying experience and operating model had not moved with it.
An 18-month, company-wide rebuild
Fixing that meant rebuilding the company around its market rather than tuning the sales team, and it was a big change because the shift in fit was a big one. Over about 18 months, I led the work end to end, but I never did it alone. The leadership team and I drove it together, from naming root causes and setting cross-functional goals through positioning, market validation and commercial planning into a full redesign of the offering and go-to-market, and the working teams built it. We did it the traditional way, step by step and by hand, without the sprint approach or the AI tooling we would only build later.
The diagnosis and validation took a few weeks. Redesigning packaging and pricing took six to nine months. Enablement and the transition took another six months before results began to show.
What we changed:
New product and price plans. Packages matched what each kind of customer actually needed, and prices finally reflected the value delivered. Average contract value rose from CHF 6'500 to over CHF 9'000.
Product-led growth and self-service. Smaller customers could start, pause and resume monthly plans on their own, with no sales call, while sales concentrated on accounts worth CHF 15'000 and up.
A customer journey mapped by segment. Touchpoints were redesigned tier by tier, handovers were clarified, and processes that had grown by accident were rebuilt on purpose.
Sharper segmentation. Features were matched to specific customers instead of a single offer for everyone.
The team felt the change quickly. Self-service with product-led growth became the fastest-growing product line, with the best margins, and the new plans fit demand far better so larger deals started to close. We carried the change ourselves and kept the new capability in-house, rather than depending on outside help to hold it together.
This wasn't easy
None of it was easy, and I want to be honest about that. We changed product plans, pricing, sales motions and customer-success workflows all at once. Some people resisted, and some were upset. Raising prices on existing customers felt risky. Moving small accounts to self-service meant giving up commission. A few talented people left because not everyone wanted to work differently after years of doing it one way. Leading through that with the team was part of the job too.
The migration challenge
Existing customers had to move onto the new structure, and pricing and packaging cannot be switched overnight. Old plans had to be retired, some customers would pay more than before, and pushback was a certainty, so communication carried real weight. We prepared for every hard conversation, showed each customer what they stood to gain, and offered ways to transition. The technical side was involved as well, and a specialist on the team configured the new sales-led and customer-success-led motions in the CRM.
The turning point
About six months in, the new numbers landed, and the calls we had made turned out to be the right ones. Year over year, customer retention rose, and acquisition cost fell, recurring revenue and net revenue retention climbed, and the business ran far more efficiently.
Client results across the engagement: net revenue retention +127%, ARR +51%, customer acquisition cost -36%, burn multiple -42%, customer retention +4%, and revenue per employee +94%, organised around customer-centricity, effective operations, and scalable growth.
Why this became Venture Guidebook
The turnaround worked, and the company came out stronger, but 18 months is a long time when a market can turn in a single quarter. Two lessons stayed with me.
The first was about speed. Finding and rebuilding fit by hand is slow, and a large share of those 18 months went into coordination and manual analysis that a sharper method and better tooling could carry.
The second was about vigilance. Fit is not something you repair once in a crisis. It slips quietly while everyone is busy running the business, and by the time it shows up in the numbers, you are already behind.
So we built what we wish we had had on that project. A sprint approach that strengthens fit in weeks, not months. An agentic AI PMF-Engine that lets a team monitor and pressure-test its fit continuously, not once a year. And a way to bring a whole team together to shape fit on purpose. This turnaround was one of the projects that convinced us it was possible, and worth building.
We anonymised the company and its people to protect their privacy. The project predates Venture Guidebook, and the figures are the client's own.