{"id":2044,"date":"2019-02-18T14:43:33","date_gmt":"2019-02-18T09:13:33","guid":{"rendered":"https:\/\/pitch.link\/blog\/?p=2044"},"modified":"2019-06-03T14:50:07","modified_gmt":"2019-06-03T09:20:07","slug":"should-startups-target-the-fortune-500","status":"publish","type":"post","link":"https:\/\/pitch.link\/blog\/should-startups-target-the-fortune-500\/","title":{"rendered":"Should Startups target the Fortune 500?"},"content":{"rendered":"\n<p class=\"has-drop-cap\">I found some gems in a dated piece by Victor Belfor post a few years back in TechCrunch. Talking about new market disruptions lead by major technological shifts (like PC, Mobile, Cloud computing etc.) A large opportunity exists for startups who can deliver to the large companies who have been slow in the uptake of mobility and cloud computing . According to a RightScale study 92% of the large enterprises with 1000 employees or more have applications on the cloud now.  <\/p>\n\n\n\n<!--more-->\n\n\n\n<p>Disruptive innovations can start out serving low end low performance low cost markets but not being pursued by large companies &#8211;  like social marketing, marketing automation, mobile first apps etc. and continue into specific interest areas  like Security, Compliance, Document &amp; Contract management. Offer them as feature sets that legacy systems cannot offer &#8211; like &#8216;made for&#8217; remote teams and millennials in the workforce.<\/p>\n\n\n\n<div class=\"wp-block-image\"><figure class=\"aligncenter\"><img loading=\"lazy\" decoding=\"async\" width=\"810\" height=\"607\" src=\"https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2019\/06\/03144829\/0-1-1.png?resize=810%2C607&#038;ssl=1\" alt=\"Should Startups target the Fortune 500\" class=\"wp-image-2045\" srcset=\"https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2019\/06\/03144829\/0-1-1.png?resize=810%2C607&#038;ssl=1 937w, https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2019\/06\/03144829\/0-1-1.png?resize=810%2C607&#038;ssl=1 300w, https:\/\/i0.wp.com\/cdn.pitch.link\/blog\/wp-content\/uploads\/2019\/06\/03144829\/0-1-1.png?resize=810%2C607&#038;ssl=1 768w\" sizes=\"(max-width: 810px) 100vw, 810px\" data-recalc-dims=\"1\" \/><\/figure><\/div>\n\n\n\n<p>Aja Frost writes on selling to Fortune 500&#8217;s (Hubspot blog) &#8211; 5 things to keep in mind  : <\/p>\n\n\n\n<p>1) identify target contacts by responsibility ( not job title) <\/p>\n\n\n\n<p>2. Map decision making process <\/p>\n\n\n\n<p>3.Brace for a long sales cycle <\/p>\n\n\n\n<p>4. Provide relevant value <\/p>\n\n\n\n<p>5. Establish Credibility.    <\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/victorbelfor\/\">Victor Belfor<\/a>, The things any startup could be doing to get Fortune 500 customers <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/tcrn.ch\/29cvVXm\">https:\/\/tcrn.ch\/29cvVXm<\/a><\/p>\n\n\n\n<p><a href=\"https:\/\/www.linkedin.com\/in\/ajafrost\/\">Aja Frost<\/a>, 5 Keys to Successfully Selling to Fortune 500 Companies : <a rel=\"noreferrer noopener\" target=\"_blank\" href=\"https:\/\/bit.ly\/2mFcGOV\">https:\/\/bit.ly\/2mFcGOV<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>I found some gems in a dated piece by Victor Belfor post a few years back in TechCrunch. Talking about new market disruptions lead by major technological shifts (like PC, Mobile, Cloud computing etc.) A large opportunity exists for startups who can deliver to the large companies who have been slow in the uptake of [&hellip;]<\/p>\n<\/p><div class=\"more-link\"><a href=\"https:\/\/pitch.link\/blog\/should-startups-target-the-fortune-500\/\" class=\"btn btn-small btn--dark btn-hover-shadow\"><span class=\"text\">Continue Reading<\/span><i class=\"seoicon-right-arrow\"><\/i><\/a><\/div>","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"inline_featured_image":false,"ub_ctt_via":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[69,83],"tags":[],"class_list":["post-2044","post","type-post","status-publish","format-standard","hentry","category-what-i-learnt-today","category-startup"],"aioseo_notices":[],"featured_image_src":null,"author_info":{"display_name":"Subhanjan Sarkar","author_link":"https:\/\/pitch.link\/blog\/author\/subhanjan\/"},"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/paX7jg-wY","_links":{"self":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/2044"}],"collection":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/comments?post=2044"}],"version-history":[{"count":0,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/posts\/2044\/revisions"}],"wp:attachment":[{"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/media?parent=2044"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/categories?post=2044"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pitch.link\/blog\/wp-json\/wp\/v2\/tags?post=2044"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}