As the new sales manager for a B2B SaaS company that is starting to scale with 40 people, your first month and first quarter are critical for laying the groundwork for future success. Here's what you should aim to do in each timeframe: First Month: 1. Understand the Business: * Gain a deep understanding of the company's products, services, target market, value proposition, and competitive landscape. 2. Assess Current Sales Processes: * Evaluate existing sales processes, tools, and workflows to identify strengths, weaknesses, and areas for improvement. * Review sales metrics, performance data, and historical trends to identify patterns and insights. 3. Build Relationships: * Get to know your sales team members individually, understand their strengths, weaknesses, and motivations. * Develop rapport with cross-functional teams, including marketing, product, customer success, and operations. 4. Set Expectations: * Clearly communicate your vision, goals, and expectations for the sales team. * Align sales objectives with broader company goals and priorities. 5. Identify Quick Wins: * Identify low-hanging fruit and quick-win opportunities to boost morale and generate early momentum. * Focus on addressing any immediate challenges or bottlenecks that may be hindering sales performance. First Quarter: 6. Develop a Sales Strategy: * Develop a comprehensive sales strategy that aligns with the company's growth objectives and market opportunities. * Define target customer segments, ideal customer profiles, and go-to-market strategies. 7. Optimize Sales Processes: * Streamline and optimize sales processes to improve efficiency, effectiveness, and scalability. * Implement standardized workflows, sales cadences, and best practices. 8. Provide Training and Development: * Implement a structured onboarding program for new hires and provide ongoing training and development opportunities for the sales team. * Focus on building sales skills, product knowledge, objection handling, and negotiation techniques. 9. Implement Sales Technology: * Evaluate and implement sales technology tools and platforms to support sales operations, enablement, and analytics. * Implement a CRM system to track leads, opportunities, and customer interactions. 10. Set Performance Metrics: * Define key performance indicators (KPIs) and metrics to track sales performance, such as conversion rates, pipeline velocity, and quota attainment. * Implement regular performance reviews and coaching sessions to provide feedback and support to the sales team. 11. Foster a Culture of Accountability: * Foster a culture of accountability, collaboration, and continuous improvement within the sales team. * Celebrate successes, recognize top performers, and address underperformance proactively. 12. Align with Leadership: * Maintain open communication and alignment with executive leadership, providing regular updates on sales performance, initiatives, and challenges. * Seek input and guidance from leadership to ensure alignment with company goals and priorities. By focusing on these key initiatives in your first month and first quarter as a sales manager, you can establish a strong foundation for sales success, drive growth, and position the company for long-term scalability and profitability. ChatGPT can make mistakes. Consider checking important information.

The most important skills for account executives are also the most important skills for many roles. I believe a successful AE needs to be great at the following: 1. Active listening: first rule of sales is to listen to your buyer and truly comprehend what they are saying and what they need 2. Problem solving: handling the many challenges, distractions and roadblocks that come up in the sales process 3. Storytelling: relaying information in an engaging, authentic manner that drives the point across 4. Mentalizing: understanding non-verbal queues, empathizing, emotional intelligence, etc. Process and product can be taught by the company that you sell for - but the above skills, no matter the company or the role, will be invaluable in your career.

* Not doing enough research on the company they're interviewing with * Not anticipating the questions the interviewers will have * Not coming prepared with their own questions for the interviewer * Not coming with multiple examples prepared or not having results and metrics at the ready to speak to in the interview * Not leveraging their recruiter as a resource to adequately prep for the interviews * Not asking for feedback from their interviewer to apply to the next interview * Not closing their interviewer * Not sending a follow up email post-interview * Not practicing concise answers ahead of the interview

I often hear a few common concerns from enterprise prospects. These usually revolve around worries about the price, potential risks, getting locked into a single vendor, and status-quo objections. Cost Worries: When prospects bring up cost concerns, I like to highlight the value our solutions bring. I show them how our offerings are designed to solve specific issues and bring tangible returns. Plus, I work closely with our financial experts to offer flexible pricing options and demonstrate the long-term benefits of their investment. Mitigating Risks: It's only natural for enterprises to be cautious about adopting new tech. To address this, I point to our track record of successful implementations, backed by glowing customer testimonials and case studies. I also stress how adaptable and scalable our solutions are, fitting seamlessly into their existing setup and future growth plans. Avoiding Vendor Lock-In: Some prospects worry about being stuck with a single vendor for the long haul. I reassure them by emphasizing our focus on interoperability and open standards. I highlight our wide range of integrations and partnerships, underlining the flexibility and freedom our solutions offer. This way, they know they can integrate with other platforms and technologies if they need to. Validating with Proofs of Concept: Given our emphasis on proofs of concept aligned with the customer's future goals, prospects often want to see real results. I suggest starting with a smaller pilot project or proof of concept that's tailored to their specific needs. This hands-on experience helps build trust and confidence in our solutions, often leading to broader adoption. By addressing these concerns with a mix of personalized value propositions, strong case studies, and adaptable implementation strategies, we can show how our solutions align with the prospect's big picture vision while easing worries about cost, risk, and vendor lock-in. This approach ensures that our tactical opportunities lead to long-term, mutually beneficial partnerships with our enterprise customers. Status Quo Resistance: Another common objection we encounter is a hesitancy to disrupt the status quo. Many enterprise prospects are comfortable with their current processes and systems, even if they may not be fully effective. To tackle this, I approach it as an opportunity for growth and improvement. I share success stories of similar organizations that made the leap from their familiar routines to our solutions, showcasing the positive impact it had on their operations. By highlighting the potential for transformative change, we can overcome the inertia associated with maintaining the status quo and inspire prospects to embrace innovative solutions aligned with their strategic vision. This approach empowers them to envision a future state that not only meets their immediate needs but also positions them for long-term success. By addressing these concerns with a mix of personalized value propositions, strong case studies, and adaptable implementation strategies, we can show how our solutions align with the prospect's big picture vision while easing objections about cost, risk, vendor lock-in, and status quo resistance. This approach ensures that our tactical opportunities lead to long-term, mutually beneficial partnerships with our enterprise customers.

Be transparent and share the “why”: Each SDR should be able to articulate the purpose of their role, the rationale behind their goals, and the methodology used to calculate key performance indicators (KPIs). While many teams have robust processes to determine these factors, they often fail to provide transparency to their teams. When metrics are perceived as being dictated without explanation or “handed down”, they become less motivating. Encourage individuality- Find areas where SDRs can flex their creativity, contribute to experiments, and express their opinions. When you go overboard with processes on an SDR team, it takes away the joy from the work and lowers the possibility of discovering impactful ideas. Create a team that defaults to collaboration and praises readily- While a slack channel, shout-out specific application, or kudos google form can be well intentioned, they often go underutilized. We know that if our team has downtime, they are probably using it to update Salesforce. Make giving praise part of an essential process that is already done!

Rep ramp-up time in my opinion is something that I've seen companies completely overlook. Given the boom tech has been on over the last decade many companies have skipped tracking key fundamentals from the moment you decide to hire the rep to the moment they hit quota due to them smashing their numbers. A key example of this is certifications around product knowledge. Assessing an AE's product knowledge and understanding of the enterprise software solution they are selling is key to this period. This can be achieved through role-playing, pitch certification, standing and delivering on specific product value props, etc. We've veered away from rigorous sales onboarding training in exchange for throwing them in the deep end quicker hoping they'll hit quota, succeed, and contribute to the company without laying the proper foundation.

Another great question and one that will certainly differ from executive to executive. However, in my experience some of the top intangibles for the top performers I have seen include: - Confidence and a winning personality. Now, I don't want to confuse 'confidence' with 'ego'...to have 'confidence' is to believe in yourself and your own abilities. 'Ego' on the other hand operates out of self interest, and 'lone wolves' do NOT work in today's high performing sales teams. - Being a 'consultant' and expert in your industry. Now, I don't expect every seller on the team to be able to lead a 'Ted Talk', but do your homework with your top accounts - understand the top challenges and opportunities in the industry they are facing. Read up on the company and understand what they are trying to achieve in their current environment, and get to know the motivation for your contact - what are they trying to achieve and how can they be your champion? - Customer focus and appreciation. The sales teams I want to be most associated with are ones that realize the customer relationship truly begins once the deal has closed. Too often sellers are off to the next chance to retire quota, and they lose sight of the long term benefits of being customer centric. Think 'seed and grow', not 'sell and go'. Also, being responsive and available to your accounts, whether 'prospects' or 'customers' is also key. People will remember those who respond in a timely fashion to any outreach from their accounts - goes back to the earlier point of differentiating yourself in small, but significant ways, and helps grow customer confidence and retention.

Love this question, too. It's true. There are a few reasons: 1. You will always have outliers in a sales org. Sometimes a rep has a windfall and reaches quota without hitting KPIs, I've seen it. But the point of KPIs is the make success repeatable. 2. It gives your managers a tool kit to help coach and manage performance. 3. How do you eat an entire elephant? One bite at a time. Each KPI is a "bite" and we do best when faced with a big task (annual quota) to break it down to as small of pieces as we can.

This is a great question and a task that I was asked to take on for Vanta twice over the past two years - first helping us break into the mid-market, and later helping us break into the enterprise. My first piece of advice is to make sure that there's cross-functional alignment in your company around the desire or need to move upmarket. It's really important that the entire company is on board with this decision. From there, I'd have representatives from GTM and EPD take a long hard look at any "upmarket at bats" that your company has had to date, listening to Gong calls, reviewing Salesforce data, etc to see what's working and what isn't working. You'll want to have the best assessment that you can have on whether or not your product is ready to move up market, where the gaps are (or might be), and whether or not those gaps can be resourced and built. You'll also want to make sure that you have the best initial pulse possible on who your upmarket ICP is. i.e. How are they similar or different to your current ICP? You probably won't know this initially, but you'll figure it out. Finally, you'll want to make sure that you're being thoughtful with how you (in sales) are going to approach generating and working these deals - probably setting aside a small team of sellers to help with the testing. Moving upmarket is generally a tough assignment from my experience and one that really only has a shot of "working" or "feeling good" if your company allocates real cross-functional dollars and resources to it.

I stole the idea of “WGLL” from Kevin Dorsey, who works across his leadership structure in sales teams to be maniacally focused on what good looks like, and work backwards from there. As such, I’ve rooted our metrics in support of WGLL - not from the perspective of “Amy & Bobby are the best, let’s have everyone do what they’re doing!”, but rather in using WGLL activities across my sales leaders to understand specific wins from the sales funnel and the supported customer experience to drive those metrics of success. For an example: we found that Amy is delivering a lot of value in the on-sites she’s running in her territory, let’s equip the team with her model (How far out she schedules, targeted personas, decks + sequences to set the meeting) and then hold them accountable to a number that Amy has driven to: 2 on-site meetings per month. Bobby is doing fantastic work top of funnel, and so we’ll capture what personas he’s engaging, what content and sequences he’s sharing, and communicate that as the KPI to the rest of the team.