Sales Managers

topic on 4 shows · 15 statements across 11 episodes

Lenny's Podcast the Official SaaStr Podcast Top Founders 20VC

15 statements about Sales Managers, every show

SAASTR Insight
Benfer: Sales managers carried by only two top performers are high-risk
“So when you take a look at the balance of health of a team, I will take a manager that, you know, is bringing people up and over a hundred percent more of them. Then the manager who's crushing the number, but it's only from two people because that's high risk.”
Michelle Benfer Dec 20, 2024 ▶ 28:11 How to Train Your Sales Leaders: Key Learnings from HubSpot and BILL’s Head of Sales Michelle Benfer
SAASTR Insight
Benfer: Evaluating sales managers solely on quota attainment is an operational mistake
“Investing in rep development and assuming that manager development can be lumped together. Lack of a consistent feedback loop on the manager's performance beyond hitting their number. Looking at manager attainment simply as a number, not as a holistic scorecar…”
Michelle Benfer Dec 20, 2024 ▶ 32:51 How to Train Your Sales Leaders: Key Learnings from HubSpot and BILL’s Head of Sales Michelle Benfer
Lemkin: Stretch sales leaders fail if they cannot hire strong managers
“You can scale forever as a sales leader if you can hire better managers under you. And it's true of any functional area, but what you'll see in sales is you'll see your stretch VP of sales drown when they never can hire better managers under them.”
Jason Lemkin Feb 18, 2024 ▶ 1:03:17 Building a world-class sales org | Jason Lemkin (SaaStr)
Lemkin: Sales orgs should promote 50% and hire 50% of managers externally
“My rule is you want to promote 50% from within and hire 50% without for your managers.”
Jason Lemkin Feb 18, 2024 ▶ 1:03:36 Building a world-class sales org | Jason Lemkin (SaaStr)
SAASTR Insight
Organize Board Meeting Sales Charts by Manager to Reveal True Performance
“Those salespeople, those individual contributors are really only as good as the managers, the leaders that report to them. And so when we look at those charts in board meetings, we organize them by the managers because some really interesting patterns come in.”
Doug Pepper Nov 30, 2023 ▶ 19:41 How to Scale Go-to-Market Through IPO with ICONIQ Growth's General Partners
SAASTR Assertion Not checkable as stated
Sales Managers Oversee 5-7 Reps at $20M-$50M ARR, 7-10 Near IPO
“You could see in the 20 to fifty million dollar range, the data that we have is that typically a manager can manage five to seven individual contributors. Of course, as a company gets closer to IPO, they can scale that to seven to 10.”
Doug Pepper Nov 30, 2023 ▶ 20:11 How to Scale Go-to-Market Through IPO with ICONIQ Growth's General Partners
Schenker: Traditional sales coaching lacks visibility into concept implementation
“What we found through years coaching sales managers was even when you have a coach, there's a massive visibility problem, which is if I ask, okay, how did you do this week, Nathan, compared to last week? You can look at your output from your sales team, but we…”
Matt Schenker Nov 8, 2023 ▶ 12:23 How This Founder Plans to use AI to help Remote Sales Team Managers Run Better Teams
Rubin: Most sales reps and managers are not strategic thinkers
“Frankly, the sales guys and most of the sales managers aren't particularly strategic in their thinking.”
Guy Rubin Jun 13, 2023 ▶ 12:00 5 Ways to Grow Revenue in 2023 - Lessons from Analyzing 3M+ Deals
20VC Insight
Sales managers should cap mistake severity rather than prevent errors entirely
“No matter how much you say the stove is hot, people still want to touch it in order to find out that it's really hot, and so it's my job to make sure the burner's on simmer and not on high, so it's not a catastrophic wound.”
Mark Goldberger Apr 19, 2023 ▶ 36:18 Mark Goldberger: The Ultimate Guide to Enterprise Sales | E1003 · 20VC with Harry Stebbings
20VC Insight
Van Horn: Managers should spend one-third of time supporting month-one hires
“It's incumbent on the manager to go spend a third of their time with new hires in the first month.”
Jordan Van Horn Nov 16, 2022 ▶ 10:06 20 Sales: The Ultimate Guide to Sales Onboarding for New Sales Reps and Sales Leaders, The Biggest Red Flags in the First 30 Days & What Can Be Done to Set Them Up for Success with Leaders from Figma, Dropbox, Miro and more.
SAASTR Insight
Headley: Test if top reps are consciously competent before promoting to manager
“Making sure that if you want to promote internally, you have the right kind of tests in there. Are they a good rep that can do it, but are they, like, consciously competent to be able to explain this is what it would look like to be a good rep and other people…”
Hilary Headley Jun 10, 2020 ▶ 22:53 7 Key Tips & Tricks to Getting More Revenue per AE with Salesloft, Zoom and Fireeye
Klein: Business owners lack the knowledge needed to manage sales teams
“What I found was that I'm working with all these customers, and there's a lot about managing their sales team that they just don't know, not because they're stupid or anything, it's just they don't know because they're not sales managers, they're business owne…”
Craig Klein Jun 18, 2019 ▶ 15:34 1424 He Launched CRM in 2003, Bootstrapped, now $3.5m in ARR
SAASTR Insight
Roberge: Making sales managers carry quota causes rep coaching to fail
“Can we have them still carry a quota and coach the people? Disaster, right? Because then they're constantly torn between developing the people or hitting their number, and they can't do it, and one of them suffers, and guess what it is? It's developing the peo…”
Mark Roberge Jan 24, 2018 ▶ 9:08 Sales AMA: Your Burning Questions Answered
SAASTR Insight
Roberge: Redefine the sales manager role to lead cross-functional pods
“What I've seen companies experimenting with that I like is to almost redefine the sales manager role where a traditional inside sales manager might have like eight or 10 reps under them and instead have a sales manager that has six reps under them Plus four BD…”
Mark Roberge Jan 24, 2018 ▶ 20:28 Sales AMA: Your Burning Questions Answered
SAASTR Insight
Law: Hire a Sales Director Before Recruiting a VP of Sales
“If none of the ones that you hired, you know, have that leadership position, you don't have that leadership management ability to coach them there, then I would highly recommend getting a sales manager or director of sales in there, because they're easier to f…”
Michelle Law Jul 26, 2017 ▶ 11:59 Sales Mistakes that Can Kill Your SaaS Business & How to Avoid Them

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