Matt Plank

13 statements across 1 episodes · 3 bullish · 1 bearish · 1 people on the record · first statement Dec 20, 2024 by Matt Plank · said 5 times in 3 episodes since 2024 · across every show →

On the record as a speaker too: Matt Plank's record, appearances and statements → this page counts the times other people say the name.

Mentions by year

brought up most by Ashley Kelly (3), Harry Stebbings (1), Brendon Cassidy (1)

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Everything said about Matt Plank, oldest first

Dec 20, 2024 positive
Insight
Plank: Sales leaders should work for CEOs with uncomfortably high expectations
“I think more than anything Like you really should work for a CEO who's like, whose ambition and expectations make you deeply, deeply uncomfortable. Like that, that is, I think if you think about like, you know, some huge, like, you know, sports nerd, and it's …”
Matt Plank Dec 20, 2024 ▶ 1:07:50 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Assertion Not checkable as stated
Plank: Top sales rep win rates max out at 30% to 40%
“Even the best sales reps I know, depending on whatever segment you're in, you know, their win rates are anywhere from 15, 20%, maybe 30, 40% of the absolute highest end.”
Matt Plank Dec 20, 2024 ▶ 2:40 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: Sales leaders fail to scale when they stop leading from the front
“When someone is not scaling I think there are two things. I think one is they end up becoming like they're leading from the back and not the front. And what I mean by that is they're, they believe that their job now is to like tell people like what to do becau…”
Matt Plank Dec 20, 2024 ▶ 1:03:32 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024 positive
Insight
Plank: Post-COVID drops in baseline hustle make intense effort a larger advantage
“Working your ass off and hustling is like has always been able to get you ahead, but there was a culture pre COVID where that was like table stakes and what everybody did and you were in the office all the time and you showed up at eight and left at six. And i…”
Matt Plank Dec 20, 2024 ▶ 1:06:13 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Assertion Not checkable as stated
Plank: Rippling replaces existing software in almost every new customer win
“At least in our case, You know, we are ripping and replacing something pretty much every time, you know, we bring on a new customer.”
Matt Plank Dec 20, 2024 ▶ 3:33 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Assertion Not checkable as stated
Plank: Prospect indecision is the primary cause of lost sales at Rippling
“You know, the number one reason why you lose a deal in most cases, at least at rippling, is indecision.”
Matt Plank Dec 20, 2024 ▶ 3:21 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024 positive
Insight
Plank: Two rapid promotions at one firm signals a top sales hire
“But when you find someone that's been promoted two times at the same company, it's like an immediate signal that that person is good, right?”
Matt Plank Dec 20, 2024 ▶ 59:38 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: Discounting is a made-up concept and list prices do not matter
“Discounting is a completely like made up thing. Like at the end of the day, what the only thing that matters is like net price, right? And so discounting is simply a factor of like, where do you set your list price? Like list price doesn't matter, right? Like …”
Matt Plank Dec 20, 2024 ▶ 24:45 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024 negative
Opinion
Plank: People calling outbound sales dead lack experience or seek clout
“I think people that say outbound is dead are either one of two things. Like they're either engagement bathing, you know, looking for a reaction on LinkedIn or whatever that they know that there's a whole army of people out there where that's their profession a…”
Matt Plank Dec 20, 2024 ▶ 7:05 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: Responding to lost sales deals with kindness yields unexpected win-backs
“If you leave every single interaction with that type of, like, mindset, I promise you, you'll get stuff that bounces back that you, like, never, like, expected to bounce back.”
Matt Plank Dec 20, 2024 ▶ 41:39 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: Sales leaders get zero credit for personal execution ability
“He's like, you don't get any credit for knowing how to do something yourself. Like zero credit that you know how to do X, Y, and Z. Like your job as a sales leader is to get everybody else to do that.”
Matt Plank Dec 20, 2024 ▶ 42:41 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: The main cause of legal deal delays is failing to parallel-track
“You have to parallel track those like legal things, budget review. You can't just like get a yes and then start all those processes over. And that's the number one reason why people push a deal, a committed deal because of legal review is like, they just didn'…”
Matt Plank Dec 20, 2024 ▶ 39:43 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
Dec 20, 2024
Insight
Plank: Sales deals delayed by stakeholder or budget changes start over
“There's no such thing as like delaying a deal for like those types of reasons. Like you're starting over from scratch. You might not know it, but you're starting over from scratch.”
Matt Plank Dec 20, 2024 ▶ 38:00 Matt Plank, Rippling's CRO: How to Build an Enterprise Sales Machine | E1241 · 20VC with Harry Stebbings
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