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Thursday, April 19th, 2018
This week I have the privilege of spending time in Vegas for the BMC Sales Kickoff for 2018. (I work for BMC.) It is a lot of excess and excitement, as are most things in Vegas.
However, there is a profound impact being made as well when it comes to how we go to market and create true value for our customers.
What I have found about being at these events is that energy matters. How you think and act will impact your outcome.
I had the opportunity to hear from leaders in tech that all said one thing.
Your mentality will determine your outcome.
If you don’t believe, you won’t get to your goals. It sounds simple, but it’s profound.
Our belief shapes our desired state.
What is your desired state and how do you get there?
Image credit: Camilo Rueda López
Posted in Personal Growth, Ryan's Journal | 1 Comment »
Thursday, April 12th, 2018
When you encounter a vacuum it seeks out something to fill it. The vacuum doesn’t care what that is as long as the void is filled.
I think that fact is true for us as well. If we have a void we will seek to fill it and if we’re not careful we can damage the work that we have done.
I state all of this because I think it’s important to recognize that we need to constantly fill ourselves with what will benefit us and surround ourselves with people that share the same beliefs.
How do we do that? For me personally, I work in sales, but tend to be by myself most of the day. I have an office and it can be a little bit isolating at times.
To combat that I make it a point to read some good sales blogs like Jeb Blount, Anthony Iannarino and Jen Gluckow. These folks all have slightly different approaches to things and it’s like you’re talking with a friend and bouncing ideas.
I also make it a point to go to outside events. Startup mixers, AA-ISP and other networking events. Some of these can be a mixed bag, since there are those that are just there to seek out a job.
However you can find gold as well. I have found that AA-ISP makes it a point to have value in their meetings while also having a good time.
I also make it a point to reach out to my boss to make sure I am on the right path. It clears my head to ensure we are on the same page and helps guide my priorities.
Finally I speak to my wife about everything. She is my rock and my support in all things. Whenever I have doubts or successes I share them so we can work it together and celebrate.
What do you do?
Image credit: James St. John
Posted in Personal Growth, Ryan's Journal | No Comments »
Thursday, April 5th, 2018
If you’re anywhere close to sales you know last week was a busy one. For some it was end of quarter, others the month, and for a few it was end of year.
As much as we would all like to have our sales done well before the end, it rarely happens. I have found the end of a quarter to be this odd nebulous time. You typically can’t push a sale more than it already is and you’re in a waiting game to get it in.
There are a lot of calls with legal, management and then a lot of waiting. I love the crush of it all, but for non-sales folks I think it’s hard to convey the roller coaster of emotions.
However, the first week of a new quarter is like stepping in a new car right off the lot.
Everything is shiny and new; all is right in the world and you have a brief moment to relax.
I am a firm believer that rest is required to excel. I have taken this week to do that and get in some needed time for myself.
I have been to the beach, spent time with old friends and made time with family. It has had the much needed result of putting things in perspective and allowing me to appreciate why I work.
I don’t think we are meant to be machines, always pushing our metrics. That’s not to say we are not meant to excel, but I don’t think it should be our only focus.
There are a few single minded individuals in the world who seem to not relax, but I know this cannot be true as we have all seen what burnout looks like.
As I write this, I just returned from spending time together with family and catching up. I’m relaxed, in the moment and ready for the week to begin when I return to work.
How do you approach rejuvenation?
Image credit: kansasphoto
Posted in Personal Growth, Ryan's Journal | No Comments »
Thursday, August 31st, 2017
I attended an AA-ISP* event tonight and heard something that struck me, “culture is a reward.” What a profound statement.
I’ll back up and explain what transpired tonight. I am in B2B sales and I have found that I must constantly sharpen my mind.
Sales is, to some degree, a game, but one requiring confidence. There is a lot of rejection and stress. Add to that the fact that most folks view sales as a negative field and it makes for a combustible result. I attended an event tonight that focuses on improving sales and the profession.
With all the negativity that surrounds the role, I have found the absolute opposite when actually at work.
Yes there is rejection, but there is also a lot of positive outcomes. I meet with clients that are trying to solve massively complex problems and I get to somehow help. My clients are usually more knowledgeable than I am, so I also learn something new.
That said, let’s get back to the statement I made earlier regarding culture as a reward.
Have you ever started a job thinking it was one way when it the reality turned out much different?
You felt like you got the rug pulled out from under you? I have and I hated it. The culture was negative and nothing was as it seemed. From the outside it was fine; from inside terrible.
On occasion, though, we luck out.
We stumble across an opportunity that delivers as promised, whether Google or some local shop that has a great team.
Doesn’t it feel like it’s a reward to just go to work? That is it!
A good culture is its own reward. I could not add to it because it is so true.
Now I just need to surround myself with it and never let go.
* American Association of Inside Sales Professionals
Image credit: GotCredit
Posted in Culture, Ryan's Journal | No Comments »
Thursday, July 27th, 2017
Some of you may know that I work in software sales. I enjoy the work along with the highs and lows that come with it. Something else that comes with the territory is money.
I have found money brings out the truth in people. When you have enough money where the opinion of others is not important, the true colors shine. Sometimes the result is great, other times not so much.
I had an opportunity this week to spend some time with some successful sales people who are climbing the mountain of corporate success and doing well. I was able to observe the behavior of a few different folks and see their true colors.
In one case there was a guy who has risen up the ranks and I was actually looking to him as an example of what to do. I was utterly disappointed. His main drive was money, sure that’s fine, but there was nothing more. In fact, I am unclear of what he cared about other than that. His only other hobby appeared to be drinking. I don’t mean that to sound negative; he is a connoisseur of fine wines and spirits.
I met another guy who grew on me. I met him three days ago and my first interaction was him asking me for a favor. During that moment though he was honest with why he needed it; I was in a position to help and it got him out of a jam.
As we spoke through the next few days I realized this guy had substance. He was rising up, but not there yet. He was humble, truthful and eager to learn. In addition, he handled the first guy I mentioned with grace. In this case the first guy was this person’s boss.
Throughout this journey I asked myself, “when is enough enough?” The first guy just wanted more and more money. The second writes screenplays, enjoys hiking and tries to give back.
In both cases you can never have enough. There is not enough money, but also not enough hikes, to find fulfillment.
Perhaps there is never enough.
Perhaps all that matters is what you are filling up that hole with.
Image credit: stop crap
Posted in Compensation, Ryan's Journal | No Comments »
Thursday, June 15th, 2017
I had the opportunity to spend some time in Raleigh, NC this week in the Research Triangle. If you haven’t had an opportunity to spend some time here, I highly recommend it. Not only is the area full of beauty, it’s a melting pot of diversity that exemplifies the best of America. The hub of elite universities and top ranked tech companies make this a desirable place to raise a family, but also pursue a career with meaning.
I was here to spend some time with BMC software and was able to sit in and watch first hand on how they train their inside sales teams. I was thinking about how I wanted to approach this topic and this forum allowed for me to point out some real world examples of how a cultural revolution can be started.
A little background on BMC. They are one of the largest private software companies in the world and create products for enterprise IT systems to do everything from track assets, create help desk tickets, manage capacity and sit on top of complex environments to manage jobs.
In a real world example Starbucks is a customer and if BMC’s software failed at any time then Starbucks would be unable to accept any form of plastic.
I say all of this to say they are in big spaces doing the behind the scenes work that is required for us to live this modern life. They were acquired by Bain Capital a few years ago and have been in a massive growth trajectory lately.
One major change that Bain made was the expansion of inside sales teams, BDR’s and inside sales reps.
When you think of sales you think of someone wining and dining with customers and comping their dinners; these guys don’t live that life. They manage the sales cycles through phone, email and LinkedIn.
It is a special skill that is required and it can be taught. These teams add great value to the organization by sourcing leads, closing business and creating value for the customers and field representatives.
An entry level role is as a BDR, Business Development Representative. My experience at other companies has been that these are young college grads that are hungry.
You have some of that at BMC, but they also have folks that have years of experience in other industries who are starting out in software.
You also have some that just enjoy that role and have done it for years. BMC takes these folks from all different backgrounds and shapes them to its vision and culture.
How do they do this?
One way they do it is by constant feedback and coaching opportunities. Now, this can be done the wrong way, but they seem to balance it well here where people seek out opportunities to learn and improve.
They also spend time highlighting team members who are doing something unique that works for them. They take folks that are young in their career and allow them to teach others. This does wonders for morale and also inspires others.
The last thing that I saw that helps is that they like to have fun as a team. They have happy hours, Vegas trips, president’s clubs. Constant incentives to allow people to reach their full potential.
I was impressed with the way they won as a team and built on mutual successes. They were not afraid to share best practices and they helped each other out as much as possible.
Now, maybe we can’t all go to Vegas but some of the things they are doing are very scaleable, not rocket science, and can be repeated at any org.
And then start the revolution.
Image credit: BMC
Posted in Culture, Ryan's Journal | No Comments »
Monday, March 20th, 2017
Occasionally I share stuff I receive from clients and sometimes from readers, as I’m doing today. I ask if I can share it and usually the response is ‘yes’, with the caveat that I change enough to ensure that nobody will recognize the writer.
I think “Caz’s” situation and its outcome are very applicable right now. I hear from a lot of you, all asking how to know when to “pull the plug.”
As always, I’m available by phone or email if you want/need to hash things out; contact info in the right-hand frame.
Hi Miki,
It’s been awhile and a lot has happened, with both family — the adoption went through and I’m a new dad! — and I’ve got a new job.
As you know, I’ve been getting more and more concerned about my future at “Locus Systems.”
You also know I’m extremely culture sensitive and the culture has been changing quite a bit, moving more and more towards a fear-based approach.
In addition, we launched a new product about 2 years ago and landed a total of maybe 20 customers.
While the product itself worked and there is a real need, the market just didn’t respond.
This in turn led to our CEO, who owns the company, to push the sales teams harder. In the end he said the failure was on the individual sales teams, not the product.
I have a strong business background and know that for no discernible reason good products sometimes just don’t find the market demand expected.
This whole ordeal has led to a lot of resentment on the part of the sales teams and management.
Some of our best team members started leaving; I’m talking about people who sell $4MM plus a year, so great salespeople.
Each time someone left the CEO would make it a point to remind everyone that that person lacked the vision and we were better off without them.
Give me a break!
On a personal level commissions started being delayed. We always waited 2 months or so for our commission, but it was creeping into a 3-4 month time frame, sometimes longer.
All this led me to a realization that I was probably on a sinking ship. I don’t mind struggling, and you know I’m a fighter, but when the CEO and management are essentially belittling employees and putting all failures on them it’s time to go.
So I started looking.
I found a great opportunity with “Jasper, Inc.,” another young software company that’s growing organically and has what seems like a terrific culture — all the good stuff you’ve written about (why I started reading you in the first place).
I found the opportunity locally, but the company doesn’t care where I live. That means we aren’t restricted to one town. I always wanted to be able to choose where I live and not have my job dictate that to me.
Although I just started, I’m really enjoying it. The opportunity came as a bit by surprise, but quite frankly, the conditions, benefits and pay are all superior to what I had.
I’d like to stay in touch. This role will give me more financial freedom then I have had in the past and that may come in handy down the road ;-)
Caz
Image credit j. botter
Posted in Culture, Retention | No Comments »
Thursday, February 25th, 2016
FANTASTIC! An absolutely fantastic, no-frills conference that went to the core of what any startup CEO needs to know about starting and scaling sales, how to align with marketing and what types of people to hire and how.
AA-ISP stands for the American Association of Inside Sales Professionals and is an international association dedicated exclusively to advancing the profession of Inside Sales. The association engages in research studies, organizational benchmarking and leadership round tables to better understand and analyze the trends, challenges, and key components of the growth and development of the Inside Sales industry.
When I arrived I was exhausted after pulling an all-nighter and having had only 1.5 hours of sleep. I was sitting in the parking lot before to going into the conference (of course I was an hour late for the start) and kept nodding off as I was collecting my thoughts prior to going into registration. Eventually I did go in, registered and went to my first session, which I mostly dozed through.
However, by my second session called “The Uberization of Sales”, I was perky and awake, and the subject matter held my total attention. It continued this way until I left the conference at about 8:30 pm, elated that I’d had lucked out in this manner.
In fact, I had been dubious about whether I should attend at all, as I had slept so little and my impression was that it would be of only limited interest or relevance to Quarrio and me personally. I was embarrassingly wrong.
This conference is among the best I’ve attended as a startup CEO and addressed a number of issues I’ve struggled with throughout my career in startups.
After creating a product, the most challenging aspect of making the company successful is not continuous rounds of funding, but rather building the sales organization, getting the product out to customers and driving revenue.
The AA-ISP conference was wholly devoted to this. In fact, it’s the first conference I’ve attended with this focus.
In my experience, sales is the most under-emphasized area of knowledge for the startup CEO.
For some strange reason, we are just supposed to understand the process, how to build the team, how to hire reps and managers and how to manage them.
We are supposed to be able to know how to hire people whose profession it is to sell, while being immune to their ability to make us like them and make us oblivious to their weaknesses.
They are professional sales people — this is what they do every day, and most of us just have no defenses or ability to properly identify a good sales person from a bad one.
I know this has certainly been one of my areas of failure in the past.
This conference should be attended by every B2B startup CEO – other than creating the product, this is the best way to learn and network with people who are in the business of selling, building sales teams and getting new products into the market.
This is the place to learn how they think and how to hire and collaborate with them. I’d say that this is a must attend conference for anyone who hasn’t built several B2B companies.
I highly recommend joining the AA-ISP to gain knowledge and save yourself a ton of pain.
Posted in Business info | 1 Comment »
Tuesday, August 18th, 2015
I sent an article about the “frat house” (AKA, sexist) culture prevalent in ZocDoc’s sales department to “Kevin”, a good friend who works in sales.
While agreeing about problematic sales cultures, he had a different take on culture in general.
His viewpoint, from someone who has been there/done that, may not be socially acceptable and could probably get him in trouble if posted on social media, but I can share it here — anonymously
Whether you’re a nigger or a bitch, this is the shit you have to deal with. I prefer environments where it’s obvious what the culture is, like this, than politically correct cultures where bigotry is the norm but you never onto why you won’t get the bonus, promotion or accolade with superior performance. Screw political correctness!
I believe it’s important to know where you stand, because then you can make informed choices. Give me this culture anytime – when I enter, I will know what the rules are. If I stay, it’s to accomplish a particular personal goal. When I leave (if not immediately), I will know why I stayed, left, and what I gained. I’m richer, they are poorer.
There is no such thing as “politically correct”. The term itself is an oxymoron that implies consensus building, popular sentiment or sinister machinations. Politics is about popularity — we never let others know where we stand or what we stand for in order to win a popularity contest. It is giving in to the tyranny of the mob, not daring to have unpopular opinions or stances, because one will not be popular.
Being a black man, I prefer a racist that’s honest about who he is and what he is. I prefer working for such a person because I know what to expect. I presume it would be the same for you as a woman regarding sexists. These days no one is a racist, we just have “unconscious biases” that prevent us from taking unpopular positions and that ensure that the powerful can continue to exclude the less powerful.
Politically correct environments rob me of information, choice, and the ability to navigate astutely to attain my objectives.
I agree with Kevin, even in those instances where bias has its basis in neuroscience, it’s better to know.
Flickr image credit: Zaskoda
Posted in Culture, Ducks In A Row, Retention | No Comments »
Thursday, March 5th, 2015
Over the years, certain posts I’ve written I seem to require reposting, because the subject keeps coming up; not investing management time in your self-starters is one of them.
Self-starter Does Not Mean Self-managed
When your company is new just how flat can the organization be? How well do “self-starters” manage themselves? These are crucial questions for startups and small businesses since how they are addressed can make or damage your company.
One of the first important outside hires made when a company is ready to grow is in sales. Today, founders are often technical with a biz type who handles sales and marketing. Unfortunately, technical people often have a tendency to think that non-tech jobs are no big deal, especially in sales and marketing.
They believe that hiring salespeople is no big deal—that as long as they have a good track record in their previous sales position and understand the product they can manage themselves.
If this sounds off base to you, you’re right, it’s not that simple. To use a real-life example, I had a client who thought that way.
Previous to hiring me this CEO hired a salesman, we’ll call him ‘Jack’, with a fantastic sales record selling to the same market.
The CEO personally taught Jack the product line and explained what the company was working to accomplish and then pretty much gave him free reign.
In the year Jack was with them he sold only two accounts, spent a good deal of his time on marketing and managed one large client.
In that year Jack’s commissions totaled only $15K.
When he left he went to work in a field completely unrelated to anything he’d sold before and in a market about which he knew nothing. In his first year at the new company he earned over 125K in commissions.
What was the difference? Management.
Based on his track record both the CEO and Jack assumed that he could manage himself. However, Jack didn’t have, and didn’t create for himself, the structure, accountability, etc., necessary to be successful.
When Jack left he admitted that although he had no knowledge or training in marketing, he spent substantially more time than he should have on it — but he had no choice.
After the CEO and I had fully analyzed what happened he concluded that the failure was 80-20, with the 80% his responsibility.
Hind sight is 20/20, and my client believes that if he had taken the time to do what was needed instead of expecting Jack to completely manage himself, that he would still be with the company and doing a spectacular job.
So remember when you hire that “self-starter” does not mean self-managed. Even the best will need direction, structure, and accountability in order to perform brilliantly.
Beyond that, tomorrow I’ll be sharing information Friday on the biggest sales error made by many startups and small companies.
Join me tomorrow to learn about the other major sales error made by many startups and small companies.
Image credit: iamwahid
Posted in Entrepreneurs | No Comments »
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