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Director of Business Development


Atomic Machines is ushering in a new era in micromanufacturing with its Matter Compiler (MC) technology. The MC enables new classes of micromachines to be designed and built by offering manufacturing processes and a materials library that is inaccessible to semiconductor manufacturing methods. The MC promises to unlock MEMS manufacturing both for the many device classes that never could be made by semiconductor methods but also to open up entirely new classes. Furthermore, the MC is fully digital in the way 3D printing is digital, but where 3D printing produces parts of a single material using a single process, the MC is a multi-process, multi-material technology: bits and raw materials go in and complete, functional micromachines come out.  The Atomic Machines team has also created an exciting first device – one that was only made possible by the existence of the Matter Compiler – that we will be unveiling to the world soon. 


Our offices are in Berkeley and Santa Clara, California.


About This Role:

We are seeking a driven and strategic Founding Director of Business Development to advance existing commercial relationships and build new ones. Initially focused on our first revolutionary device product, this role will quickly evolve to encompass multiple class-defining products and the Foundry business. In this position, you will identify opportunities, build strategic commercial partnerships, and drive revenue growth while collaborating closely with the CEO and engineering teams. This is a unique opportunity to influence our growth trajectory and make a lasting impact at the forefront of technological innovation. The ideal candidate will excel as a hands-on individual contributor, while also possessing the vision and leadership to build and scale a high-performing team as the company grows.


What You’ll Do:
  • Identify and pursue new business opportunities: This will involve market mapping, networking with target customers and distribution partners, and establishing strong strategic partnerships to grow revenue.
  • Nurture and grow existing commercial relationships: Once a relationship is established, manage it in a customer-centric manner, ensuring that Atomic Machines continually exceeds customer expectations, resulting in mutually beneficial growth.
  • Work cross-functionally: Collaborate with the Product, Marketing, and Engineering teams to tailor solutions that meet client needs and drive customer success. Atomic Machines is uniquely positioned to create new products and variants of existing products quickly.
  • Market research and competitive analysis: Stay informed on industry trends, the competitive landscape, and emerging technologies to identify new opportunities for innovation and market differentiation.
  • Sales enablement and training: Work with internal teams to build sales processes, create materials, and develop strategies that empower the sales team to close business effectively.
  • Negotiation and deal closure: Lead contract negotiations and close deals, ensuring both client satisfaction and company profitability.
  • Track performance and reporting: Monitor business development activities, track progress, and report on KPIs to senior leadership, ensuring alignment with company goals and growth objectives.
  • Contribute to strategy and vision: Provide insights and feedback on market needs, customer pain points, and industry trends to inform product development and strategic direction.
  • Team management: Provide high-quality management to team members to ensure consistent execution against company goals and alignment with company values.


What You’ll Need:
  • 10+ years of experience in business development or sales, ideally in a hardware technology company. Significant experience in a startup environment, particularly in early go-to-market efforts, is highly desirable.
  • Proven success in scaling a business and generating new revenue streams in a fast-paced setting.
  • Significant experience with the electronic/MEMS component distribution industry is a major plus.
  • Excellent communication, presentation, and negotiation skills, with the ability to engage effectively with C-level executives and decision-makers.
  • Ability to develop and implement business development strategies, from lead generation to deal closure, including effective use of CRM tools.
  • Self-starter with a strong entrepreneurial mindset, capable of working independently and managing multiple priorities.
  • Solid understanding of technology products and services, with the ability to explain complex technical concepts in a simple, relatable way.
  • Strong organizational and project management skills, with experience handling multiple initiatives simultaneously.
  • Experience managing and optimizing a business development budget to ensure resource efficiency and ROI.
  • Bachelor's degree in a technical field is required. An MBA is preferred.


$220,000 - $260,000 a year
The compensation for this position also includes equity and benefits.
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SENIORITY LEVEL REQUIREMENT
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Full-time, on-site
DATE POSTED
November 26, 2024

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What You Should Know About Director of Business Development, Atomic Machines

Atomic Machines is leading the way in micromanufacturing, and we're on the lookout for a passionate and strategic Founding Director of Business Development to join our vibrant team in Berkeley, California. In this pivotal role, you will play a key part in advancing our revolutionary device product derived from our cutting-edge Matter Compiler (MC) technology, which allows for an unprecedented level of precision and capabilities in manufacturing micromachines. Your responsibilities will encompass identifying new business opportunities, nurturing existing partnerships, and collaborating closely with our talented engineering teams to create tailored solutions that resonate with our clients' needs. With the goal of not just meeting but exceeding customer expectations, you will engage in market mapping, competitive analysis, and sales enablement strategies to drive our revenue growth. Your entrepreneurial spirit and proven track record will be crucial as you negotiate contracts and close deals, all while monitoring and reporting on business development activities. The ideal candidate will thrive in a dynamic startup environment and possess the vision to build and lead a high-performing team as we scale. Join Atomic Machines, where your efforts will make a significant impact at the forefront of technological innovation, and let's shape the future together!

Frequently Asked Questions (FAQs) for Director of Business Development Role at Atomic Machines
What qualifications do I need for the Director of Business Development position at Atomic Machines?

To apply for the Director of Business Development role at Atomic Machines, candidates should have a minimum of 10 years of experience in business development or sales, particularly within a hardware technology company. A strong background in the electronic/MEMS component distribution industry is highly desirable, alongside an understanding of technology products. A Bachelor's degree in a technical field is required, while an MBA is preferred.

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What does the Director of Business Development role at Atomic Machines entail?

As the Director of Business Development at Atomic Machines, you will identify and pursue new business opportunities, nurture existing commercial relationships, and collaborate with engineering, marketing, and product teams to drive revenue growth. The role will involve strategic partnership building and leading contract negotiations, all while ensuring client satisfaction.

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How does the Matter Compiler technology influence the Director of Business Development role at Atomic Machines?

The Matter Compiler technology is central to the Director of Business Development's responsibilities at Atomic Machines. It allows you to present a variety of micromachines that aren't possible through conventional semiconductor methods, opening avenues for innovative partnerships and market expansion which are essential for driving revenue and establishing market leadership.

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What skills are crucial for success in the Director of Business Development position at Atomic Machines?

Success in the Director of Business Development role at Atomic Machines hinges on strong communication, negotiation, and presentation skills. You must engage effectively with C-level executives and have the ability to develop and implement strategic business development plans using CRM tools. Organizational and project management skills are also paramount.

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What is the compensation structure for the Director of Business Development role at Atomic Machines?

The compensation for the Director of Business Development position at Atomic Machines ranges from $220,000 to $260,000 annually. Additionally, the package includes equity and benefits, reflecting the company's commitment to rewarding talented individuals who help drive innovation and growth.

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What types of projects will the Director of Business Development work on at Atomic Machines?

Projects for the Director of Business Development at Atomic Machines will vary widely, focusing initially on launching a revolutionary device product and later expanding to multiple innovative product lines. You will engage in creating strategic partnerships, market research, and overseeing business development initiatives that address customer pain points.

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What is the work environment like for the Director of Business Development at Atomic Machines?

The work environment for the Director of Business Development at Atomic Machines is dynamic and collaborative. You will work closely with internal teams to adapt business strategies quickly, foster partnerships, and drive product development in an innovative setting that encourages input and creative thinking.

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Common Interview Questions for Director of Business Development
Can you describe your experience with business development in the hardware technology sector?

When answering this question, highlight specific roles or projects where you contributed to business development within the hardware technology sector. Illustrate how you identified opportunities, built relationships, and achieved measurable success, particularly in a startup environment.

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How do you approach market mapping and competitive analysis?

Discuss your systematic approach to market mapping and competitive analysis, emphasizing your use of market research tools and techniques to identify trends and potential opportunities for innovation. Provide examples of how your analysis has informed business strategies or decisions.

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What strategies have you implemented for closing deals effectively?

Share specific strategies you’ve employed in the past to close deals, such as building rapport with clients, understanding their needs, and delivering customized solutions. Illustrate how these techniques led to success in striking partnerships or securing contracts.

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Describe a time when you had to negotiate a difficult contract.

Provide an example of a challenging contract negotiation you faced. Focus on how you approached the situation strategically, engaged the other party, and ultimately reached a mutually beneficial agreement while maintaining a positive working relationship.

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How do you stay informed on industry trends and emerging technologies?

Talk about your continuous learning habits, such as attending industry conferences, networking with professionals, reading relevant publications, or following thought leaders in the tech industry. Describe how this knowledge has impacted your decision-making in business development.

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Can you give an example of a successful business partnership you've established?

Detail a specific business partnership you've built, highlighting the initial outreach, relationship-building steps, and how the partnership ultimately contributed to revenue growth for your previous employer. Discuss any ongoing initiatives that stemmed from this partnership.

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What role does team management play in business development?

Explain the importance of team management in business development, focusing on how leading a team effectively amplifies success. Share your own management style and provide examples where you’ve fostered collaboration and performance among team members.

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How do you handle customer feedback and incorporate it into business strategies?

Discuss your process for collecting and analyzing customer feedback. Provide insights into how this feedback has influenced your business strategies and helped you better meet market demands while ensuring customer satisfaction.

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What tools do you use for tracking business development activities?

Identify the tools you prefer for tracking business development activities, such as CRM systems, project management software, or analytics tools. Discuss how these tools aid in monitoring progress, reporting to leadership, and optimizing performance.

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What do you see as the future challenges in business development for hardware technology companies?

Present your views on emerging challenges in the business development landscape for hardware tech companies, such as increasing competition or rapid technological changes, and explore potential strategies for overcoming these hurdles while remaining adaptable.

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