The 12 most common account-based marketing mistakes and how to fix them for PE-backed portfolio companies in Latin America

This edition of the Growth Broker playbook is written for operating partners and portfolio CEOs inside private equity operating in Latin America. In this market, LATAM buyers reward hands-on partnership, local presence, and clear commercial terms, so the way you install account-based marketing has to be shaped to that reality from day one.

Every account-based marketing failure we have investigated maps to one of the mistakes below. They repeat because they are structurally easy to make.

Mistake one, the foundational one: confusing ABM with lead scoring on inbound MQLs. Fix by naming an owner and writing kill criteria before you spend a dollar.

Mistake two: mistaking volume for progress. Fix by making pipeline created inside the named-account list the only weekly headline number.

Inside PE-backed portfolio companies, the binding constraint is almost always predictable execution against a hold-period thesis, and in Latin America it is compounded by the fact that local partnership depth, not marketing spend is what actually gates growth. Account-based marketing is only useful here when it is pointed at both constraints at once.

Mistake three: buying tools before defining the workflow. Fix by drawing the workflow on paper first and buying only what the paper shows.

Mistake four: shipping without a quality gate. Fix by requiring a human eyeball on every artefact for the first four weeks.

Mistake five: ignoring the trigger. Account-based marketing works when one enterprise close is worth six mid-market ones; without a real trigger the model is guesswork.

Mistake six through twelve: cascade from the first five. Fix the top five and most of the others resolve themselves inside a month.

Concretely for PE-backed portfolio companies in Latin America: the portfolio companies that install this hit the next value-creation milestone on schedule, and one properly-installed LATAM account becomes a reference across the region. That is the reason it is worth installing account-based marketing deliberately for this market rather than importing a playbook designed for somewhere else.