Everything Kyle Norton said on any show that made the record, most notable first. Each card names its show and opens the statement there.
Founders cannot outsource the initial sales playbook to a VP
“I firmly believe so. I don't think you can outsource that to a new VP of sales from the outside. I mean, I hear you talk about this all the time. I hear the range of opinions, but unless a founder can do that, I don't think that they're going to understand the…”
Hire top BDRs from second- or third-place market competitors
“Go to a company that's not number one in their category. Who's the number one BDR at a second and third place company? Cause that's hard. And if you have a great product and you bring that person into your environment, they'll do really, really well.”
Owner pays BDRs on closed deals and AEs on successful go-lives
“Our BDRs only get paid on close one business. Alignment. Our account executives only get paid when their customers go live.”
Most revenue leaders do not understand their own P&L
“They don't even understand it. They don't know where to start. They think it's the domain of finance, and finance gives them a headcount number, and they say, you have 17 reps, and you have to do this, and they say, okay.”
Owner does not conduct traditional pipeline or deal reviews
“So we don't do pipeline review. We don't do deal review because you can just see it on a dashboard. It's all programmatic.”
Norton: Owner reps are 3-4x more productive than field sales competitors
“And our competitors who run that model, we're anywhere between like three and four times more productive on a per rep basis than most companies.”
AI will increase demand for sales reps by spawning new companies
“And I think AI is going to drive so much more company creation that there will be a consistent demand For these roles, because the economics of the roles get better. There's more companies that need sales reps.”
Norton: Owner Sales Team Is 3x to 4x More Efficient Per Rep Than Competitors
“Our machine is anywhere between three and four times more efficient on a per rep basis.”
Norton: Leadership Hires Must Be Hands-On and AI Native
“In any leadership role, there's a component of the interview that's now, what are you doing with AI? What do you know about it? How are you using it today? And I really want to unpack it. And it's been a mandate. I don't care how good this person is if they're…”
Norton: AI Leverage Will Push Elite Enterprise Seller Comp from $350K to $500K
“If you have an elite mid-market and enterprise seller, they will have so much more leverage with all of these tools that the competitive dynamic will say, but it was only that seller was worth 350 K to me before, but now look at what they're going to produce. …”
Norton: 50% of sales deals will close in one to two calls
“Depends on the time horizon. It will be 50%. Is that in six months, 12 months, 24 months? It is an eventuality.”
Norton: Relationship-only CROs will not survive the next decade
“You need to be a highly systems engineering focused CRO to survive over the next two to five to 10 years. Yeah. If you don't have the acumen to be able to understand how customer journey connects to systems and infrastructure and connects to the rep process, A…”
Making BDRs do lead research indicates a broken data model
“One of the things here is don't let your BDRs do lead research. Give them the leads and make sure, and if they say they need to do anything with them, it means your model's broken.”
Norton: Do not hire over two BDRs until prospect data is solved
“Don't bother hiring more than one or two BDRs until you figure out this data piece. Cause it just, the economics won't make sense.”
Norton: Pause sales hiring unless rep calendars show 3-4 daily customer meetings
“Just look at your reps calendars. And if they don't have three or four customer facing meetings on their calendar, every single day of the week, you don't need more reps.”
Norton: Inbound-trained sales leaders rarely succeed running outbound motions
“I wouldn't say hopeless, but I would say it's not very likely. If you want to run an out, if you want to run an outbound model and you've got a VP of sales who is being in 80% inbound models, it is Because for them to be to, for that person to really grok outb…”
Norton: Staff software engineers do not need in-office work
“I don't think you need your staff software engineers in an office to do their job well.”
Owner's in-person sales reps broke company records for EMRR sourced
“The two new ones broke the record for first month, the newest BDR in person broke the record for first month, and then the SDRs that are at month two and three both broke the previous records. This is the purely in-person team.”
Adding transaction volume estimates to sales comp boosted Owner's MRR per deal
“When we changed comp to include EGBV, which means they are going to be more focused on the higher value customers for the business, our estimated MRR on a per deal basis went up pretty significantly.”
Owner.com runs a 2:1 BDR-to-AE ratio in outbound sales
“On the outbound side, we have two BDRs for every account executive.”
Owner spent millions on an organic YouTube strategy that drove few leads
“We hired people that manage The YouTube experience for like the biggest creators in the entire world. And we were paying millions of dollars for this organic strategy when it was driving like a handful of leads every single month.”
Debating sales vs. marketing lead attribution leads to local maximas
“This is something that a lot of folks get wrong as they like squabble over attribution. They're like, oh, this is sales generated. This is marketing generated. And you end up at these local maximas.”
Owner's average sales cycle is under one week
“A lot of one call closes, but average sales cycles under a week.”
Norton: Time to lose drags on sales cycles more than time to win
“And the thing That drags on your total sales cycles is actually time to lose more often than it is time to win.”