This episode carries Matt Schatz's own address, with nobody on the show putting
questions to them. It still counts as said, and it is kept out of every score on their page.
Matt Schatz, SVP of Sales at WP Engine, outlines how executive leadership should onboard and establish accountability with international managing directors.
“The other way to go and build trust across time zones is when you hire that first managing director or country manager, whoever that is, have them write the business plan. Don't write the business plan for themselves. Have them write it. Have them do the study of the total addressable market. Have them put together the growth rate plans, and have them put together the list of what they feel is going to take, the support that they need from headquarters in order to go and make it successful.”
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More from Matt Schatz
Insight
Schatz: Sales compensation plans should constantly evolve with the business
“Your comp plans should be changing all the time. Your business is changing, so should your comp plans.”
Matt SchatzJul 3, 2019▶ 16:59Building a $100M ARR Sales Team the Second Time Around with WP Engine
AssertionContradicted
Schatz: Only 0.4% of US startups ever reach $100M in revenue
“It's crazy to think I saw a stat that every year in the U.S., from all the companies that are founded, only .4% will ever hit a hundred million.”
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Disclosure
Schatz: WP Engine Commits to Promoting Top SDRs in Nine Months
“But for my SDRs, my commitment to them is if they come in and overachieve, exceed expectations, I will promote them in nine months.”
Matt SchatzJul 3, 2019▶ 3:47Building a $100M ARR Sales Team the Second Time Around with WP Engine
Insight
Schatz: C players harm small organizations far more than large ones
“The problem that you run into is that a C player's impact on a small organization is far greater than a large organization. So you have to take action even quicker.”
Matt SchatzJul 3, 2019▶ 8:27Building a $100M ARR Sales Team the Second Time Around with WP Engine
Insight
Schatz: Hiring Junior Sales Ops Staff Costs Companies Far More Money
“Do not go junior here. It will cost you so much more money if you go junior here. When you go junior with your sales operations team or that sales operations person, you're gonna find somebody that can tell you all about the past. But at the speed and rate and…”
Matt SchatzJul 3, 2019▶ 11:20Building a $100M ARR Sales Team the Second Time Around with WP Engine
Insight
Schatz: Top sales performers will quit if managers do not challenge them
“If that's the conversation that you're having with an A player, that A player should fundamentally quit your organization. If you're not challenging them, they will quit, they should quit.”
Matt SchatzJul 3, 2019▶ 14:43Building a $100M ARR Sales Team the Second Time Around with WP Engine
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