OTE

5 statements across 5 episodes · 2 bullish · 0 bearish · 3 people on the record · first statement Jan 3, 2023 by Sam Blond · across every show →

Everything said about OTE, oldest first

Jan 3, 2023 positive
Insight
Blond: Early-career sales reps should optimize for company quality over OTE
“First is, like, solve for the quality of company and not OTE especially earlier in your career.”
Sam Blond Jan 3, 2023 ▶ 32:05 SaaStr CRO Confidential:Hiring a Great VP of Sales Today Sam Blond + Former Lattice CRO Dini Mehta
Jan 27, 2023
Insight
Blond: Prioritize Fast Growth and Internal Promotions Over Higher OTE
“You shouldn't sacrifice joining an incredible company where you can move into more strategic and senior positions for like a more OTE. More, more W-two or theoretical W-two compensation. You should be solving for a business that's growing, and we'll have new l…”
Sam Blond Jan 27, 2023 ▶ 27:58 CRO Confidential: Sales Recruitment and Hiring Managers With Ben Braverman
Jun 16, 2023
Insight
Lemkin: SaaS Account Executives Must Close 3x to 5x Their OTE
“It's we're back to three to five X OTE. So if a rep wants to make a 150 grand a year, us great. But if you're enterprise, you better close five times that mid market, four times SMB three times. Otherwise they're not efficient enough.”
Jason Lemkin Jun 16, 2023 ▶ 32:09 Why The Era of Efficient Growth is Now: The State of the Market with SaaStr CEO Jason Lemkin
Jul 12, 2023 bullish
Insight
Lemkin: Rep quotas must hit 3.5x to 5.5x OTE to cover support costs
“And a simp, a simplistic way to boil it all down is, one, we have to revert back to sales closing three to five times what they take home. Three, at least three X for SMB, at least four X for mid-market, five X for enterprise. And you have to budget in there t…”
Jason Lemkin Jul 12, 2023 ▶ 27:43 The Cold, Hard Truths About SaaS In 2023: Part 1 AMA with SaaStr CEO and Founder Jason Lemkin
Dec 20, 2024
Insight
Benfer: Candidates should avoid companies where under half of reps hit quota
“Anything below 50%, I would just be a little wary of. This, the odds are much lower that you're going to hit your full OTE.”
Michelle Benfer Dec 20, 2024 ▶ 37:15 How to Train Your Sales Leaders: Key Learnings from HubSpot and BILL’s Head of Sales Michelle Benfer
Made with StarZero

Turn any episode into a week of clips.

This entire site, over 400 episodes transcribed, diarized, checked and made playable, runs on the StarZero media pipeline. Drop in your own episode and the podcast clipper finds the moments worth sharing, cuts them, captions them, and reframes them for every feed.