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Decoding Sales

Episode 22: Effectively managing a sales team

Decoding Sales

Peter & Alex

Enterprise Sales, Business, Virtual Selling, Sales, Entrepreneurship, Software Sales

5 β€’ 20 Ratings

πŸ—“οΈ 26 October 2021

⏱️ 29 minutes

🧾️ Download transcript

Summary

πŸ›€ Career tracks in sales vs engineering.
🏁 The importance of staying in the trenches to be a sales leader.
πŸ’² Setting and managing the sales team's quota.
πŸ’Έ How to manage + raise quotas as a team grows.
😰 How to tell if your sales leader is mismanaging the team.


Transcript

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0:00.0

Welcome to Decoding Sales, a podcast for an engineer. That's me, Alex and a sales person.

0:12.0

That's me, Peter, and a salesperson.

0:12.5

That's me, Peter.

0:14.0

Talk about the art and science of sales

0:16.3

as it relates to life and business.

0:19.0

In this episode, we're gonna do a deep dive

0:21.2

into the art of managing a sales team.

0:24.1

We're going to look at how it's similar to and different from

0:27.5

managing an engineering team.

0:29.4

And we're also going to do a deep dive into setting and managing quotas, which is of course one of the major

0:35.9

ways that sales teams are distinct from other teams. We're going to look at how a quota is set,

0:41.6

how to manage a quota and raise quotas without frustrating your team.

0:48.6

And we're also going to do a deep dive into how to tell if a sales leader is doing an excellent job of managing their

0:55.2

team or if they are causing problems in the long term, even if they're hitting their number today.

1:00.2

In engineering, there's a very common pattern in companies where you have a individual contributor

1:06.3

ladder and a management ladder that usually the first few levels are just individual contributor

1:11.6

in a certain level you split and then you have the parallel

1:14.7

tracks all the way up often to chief architect versus maybe VP of engineering or CTO or something like that.

1:22.6

Sure.

1:23.6

Is that codified in most sales organizations as well?

1:26.6

I'd say at scale, yes.

1:28.2

You know, once your org becomes 20, 30, 40 reps, those questions start to come from within. So you do have to outline that. In early stage

...

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