Nearbound Daily #415: Microsoft and Facebook +$100M alliance

Nearbound Daily #415: Microsoft and Facebook +$100M alliance

Micaela Richmond 2 min

We saved you a spot!


Nearbound Summit 2023 is a 4-day virtual event covering Nearbound strategies and tactics for every department.


A watering hole you can count on


Proving value means driving revenue, but driving revenue and short-term thinking are two wildly different things.


Nearbound isn’t about the quick sell.


There are ways to get quick wins, sure, but Nearbound’s primary goal is sustained growth and long-term client relationships.


Lots of old outbound tactics ran watering holes dry while inbound tactics overwhelmed watering holes.


Nearbound is about creating a watering hole that’s self-sustaining and symbiotic.


Enough water for those who need it, when they need it.


To paint the picture in jungle terms, it’d look like something like this:


Outbound: No more water for the animals to gather around.


Inbound: A beautiful watering hole surrounded by too many animals, foliage, sinkholes, and hunters.


Nearbound: a watering hole you can always count on when you’re passing by. Not too many animals, competition, or hunters.


Inside the +$100M Microsoft and Facebook alliance


Dan Rose joined Facebook as VP of Partnerships in 2006.


Six weeks later, he closed a $100M deal with Microsoft.


Dan shared the story on Twitter, and Franz-Josef Schrepf wrote a breakdown for partner pros looking to do something similar.


Franz concluded Timing + Network + Value = Alliance.


Timing: What’s happening in your industry? Is there an opportunity you need to jump on?


Network: Who is in your network? Who is in your CEO’s network? Who is in your partner network?


Value: What are your company’s value drivers? What are your partner’s value drivers?


Dan joined Facebook at the right time, had the right industry connections, and offered access to a corned resource Microsoft urgently needed.


You can’t expect to close a similar deal within six weeks of starting your new job, but now you know what to look for.


Read
the original twitter thread here.


Inside the Story


A prickly dilemma


Ever had this experience?

1692518600364Thanks for the meme,
Nicolas A. Duerr!



Stuff you don’t want to miss!

  • Apply by September 22nd for Firneo’s Certified 8-WeekCohort — Learn the frameworks and tactics to excel in every facet of your partnerships role.
  • September 28, 12 PM EST — Game Changers: Isaac Morehouse
    Isaac will join Oana Manolache to talk about how to use content creation to define a category. He’ll share the 3 elements to help you build brand awareness, drive pipeline, and unite your team.
  • November 6-9th —
    Nearbound Summit 2023
    — The future of GTM is Nearbound. Join us for the biggest-ever remote experience in GTM where B2B leaders across departments unite to share how they’re winning with Nearbound strategies and tactics.


This could be worth $100M

Share this email with a friend. It could be the thing that helps them land that $100M deal they’re going for!


NEARBOUND SUMMIT

Micaela Richmond 2 min

Nearbound Daily #415: Microsoft and Facebook +$100M alliance


There’s an undeniable shift occurring in the market.


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