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
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.”
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…”
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.”
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.”
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.”
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.”
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…”
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.”
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.”
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.”
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…”
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…”
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…”
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…”
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…”