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Are you leading a sales team and looking for ways to consistently hit your targets? Or wondering if your team has everything they need to succeed? Welcome to the Revenue Harvest podcast with Nigel Green, the leading authority on building high-performing s

Nigel Green: Consultant | Advisor | Author of Revenue Harvest


    • Sep 8, 2022 LATEST EPISODE
    • every other week NEW EPISODES
    • 40m AVG DURATION
    • 24 EPISODES


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    Latest episodes from Revenue Harvest

    The Top 3 Mistakes When Hiring Salespeople

    Play Episode Listen Later Sep 8, 2022 12:58


    This episode of the Revenue Harvest Podcast features your host, Nigel Green. He discusses the top 3 biggest mistakes that sales leaders make when hiring salespeople. A mistake in hiring produces not only lackluster results for the company but also drains resources that could eventually cost you your job. Nigel introduces his 6-step process for hiring that he is excited to share with sales leaders today! QUOTES04:31 Mistake number 1: Hiring without doing a job analysis: "You go post it and you immediately start interviewing candidates. Well, the problem with that is you don't really know at this point what you need. And so, most sales leaders get this wrong because they jump to interviewing without doing a job analysis."05:49 Mistake number 2: Interviewing based on intuition and a lack of process: "You need a defined set of steps in the interview process. You ever heard a candidate say to you, well, mister hiring manager, what's the next step? And if you can't clearly articulate not only the next step but the rest of the steps to the candidate, you run the risk of one, not running a very good process, but two, losing a candidate because it doesn't appear to the candidate as if you know what you're looking for." 09:13 Mistake number 3: Hiring based on biases: "Because you played a college sport, just a college sport, doesn't mean that you're going to be more successful in selling, or less successful in selling."  More about Nigel GreenConnect with me on LinkedIn, where I post daily about sales leadership:https://www.linkedin.com/in/revenueharvest/Do you want a best-in-class sales team? In my book, you learn how seven timeless principles can 2-3X your revenue and turn your sales team into a sales machine. Get it now: https://www.therevenueharvest.comWebsite: https://www.NigelGreen.coTo hear more episodes of The Revenue Harvest Podcast, you can visit https://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.

    Corporate Bro: Using Satire in Sales Leadership with Ross Pomerantz

    Play Episode Listen Later Jul 28, 2022 22:43


    This episode of the Revenue Harvest Podcast with Nigel Green features Ross Pomerantz, Founder and Chief Corpitalist at Corp Capital. Nigel uses satire in his content to comment on the prevalent bro culture of sales. He observes a need for change, from salespeople's motivations at the bottom to the hiring practices of sales leadership at the top. Ross envisions his company as the place to connect founders and CEOs who crush sales to the most talented salespeople who will continue this trend of success. HIGHLIGHTSFighting against toxic sales bro cultures with satireSelf-awareness to integrate diversity needs with sales leadershipConnecting rockstar CEOs with rockstar salespeopleHire athletes and people who grind for sales roles QUOTES16:30 Ross: "As a salesperson, I want to be sold by a CEO. I want to work for someone who can sell. Especially if you're going to join an early-stage company, the top salespeople, the early salespeople, they're all founders. If you can't sell me on your company, on your vision, how am I going to go do that when it's your thing? It's your baby."18:54 Ross: "I love sales because it is the great equalizer. I just do think that there are people that are better suited mentally to handle the task of sales, of which there is a lot of mental weight that goes into it. The wait room at 4 AM. You got to go hit someone. Someone's going to hit you on every single play."19:23  Ross: "I would venture to guess there's studies that would say athletes are better suited for a sales role. But I think there's a lot of things that people overlook. I do think the service industry, I think retail. People who grind. That's who you want." You can connect with Ross in the links below:LinkedIn: https://www.linkedin.com/in/corporatebro/Bravado: https://bravado.co/?mrk=8fccfb85Website: https://corporatebro.com/ More about Nigel GreenConnect with me on LinkedIn, where I post daily about sales leadership:https://www.linkedin.com/in/revenueharvest/Do you want a best-in-class sales team? In my book, you learn how seven timeless principles can 2-3X your revenue and turn your sales team into a sales machine. Get it now: https://www.therevenueharvest.comWebsite: https://www.NigelGreen.co To hear more episodes of The Revenue Harvest Podcast, you can visit https://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.

    Clean Up Your Dashboard and Create Executive Presence with Tom Critchlow

    Play Episode Listen Later Jul 14, 2022 30:30


    This episode of the Revenue Harvest Podcast with Nigel Green features Tom Critchlow, a strategy consultant focusing on media companies and early to mid-stage startups with expertise in product and marketing strategy. He discusses how dashboards must treat input and output metrics differently and the importance of being transparent. He also talks about cleaning up data to display accurate data on the dashboard. Speaking to the c-suite and mid-management, he suggests strengthening your executive presence by taking a collaborative approach to diagnosing internal and external factors that affect output.  HIGHLIGHTSMeasure input and output metrics differently on the dashboardDiagnose internal processes and external pressuresPresent metrics your CEO wants to seeExecutive presence: Clean your data and be transparent in presenting it QUOTES07:15  Tom: "What are the activities and kind of projects and things that we're doing now that will move the needle tomorrow? And this is what Amazon calls input metrics. So these are things that are typically more directly under our control. Sales and revenue and things like that are not directly under our control. We work on projects that will hopefully move the needle on those and hopefully influence them."08:22 Tom: "Most dashboards will be better off really focusing in on a small number of output metrics, and to each of those, two to three input metrics."16:23 Tom: "A great dashboard will actually expose the data source to you. So a great dashboard will not only tell you this is the number of leads this month or the number of calls made or the number of pieces of content published or something like that, but they will actually connect that to a kind of you can click a thing and it will show you the data."26:48 Tom: For us, SEO is three things. It's good product pages, it's producing more content every month, and it's doing good visual PR. You have to boil it down so that the CEO is like, 'Great, I understand what you need. There are three levers that we can pull and I can see that the product or image is not pulling that lever hard enough." You can connect with Tom in the links below:LinkedIn: https://www.linkedin.com/in/tomcritchlow/SEO MBA website: https://seomba.com/Website: https://tomcritchlow.com/Twitter: https://twitter.com/tomcritchlow More about Nigel GreenConnect with me on LinkedIn, where I post daily about sales leadership:https://www.linkedin.com/in/revenueharvest/Do you want a best-in-class sales team? In my book, you learn how seven timeless principles can 2-3X your revenue and turn your sales team into a sales machine. Get it now: https://www.therevenueharvest.comWebsite: https://www.NigelGreen.co To hear more episodes of The Revenue Harvest Podcast, you can visit https://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.

    Adapt How You Sell With How Buyers Want to Buy with Maria Boulden

    Play Episode Listen Later Jun 30, 2022 35:39


    This episode of the Revenue Harvest Podcast with Nigel Green features Maria Boulden, Vice President and Executive Partner at Gartner. A majority of people now want a digital and seller-free experience during their buying process. This does not mean that sellers are obsolete, rather it indicates that sellers must adapt and meet buyers where they are to sell successfully. This could mean providing information to buyers and knowing the points when buyers would actually prefer to engage a human. Maria emphasizes buyers' behavior of researching on their own to reach a decision and leading them to a decision rather than selling to them. HIGHLIGHTSA trend of preferring no engagement with sellers in a buying processKnow how your targets want to buyForecasting with machine learning and using verifiers Offer freemium and demos that don't involve phone calls QUOTES06:46 Maria: "The primary trend I would point to is well before the pandemic, we saw massive increases in online learning. Well before the pandemic, we saw a growing preference for a rep-free sale. And well before the pandemic, we saw the beginning of a disconnect between how buyers wanted to buy and how sellers were stuck selling to the point where a buyer would disproportionately reward a better customer experience even if the product or service was inferior."18:25 Maria: "The ones who think they've seen it before, the ones who think it's just going to snap right back to the way it used to be, and all I have to do is have one good dinner or just put me in front of the customer again, they're shutting down to the changes that the world has already made."26:57 Maria: "The most successful sales lead to what you're trying to sell instead of leading with what you're trying to sell. People love to buy. They hate to be sold." You can connect with Maria in the links below:LinkedIn: https://www.linkedin.com/in/maria-boulden-8a778b11/Website: https://www.gartner.com/en More about Nigel GreenConnect with me on LinkedIn, where I post daily about sales leadership: https://www.linkedin.com/in/revenueharvest/Check out my book: www.therevenueharvest.comDo you want a best-in-class sales team? In this book, you learn how seven timeless principles can 2-3X your revenue and turn your sales team into a sales machine.Website: www.NigelGreen.co To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.

    Celebrate Sales Autonomy and Grow Leaders from Within with Alex Griffin

    Play Episode Listen Later Jun 16, 2022 48:07


    This episode of the Revenue Harvest Podcast with Nigel Green features Alex Griffin, Director of Global Sales Development at Segment. She discusses how they perform their outbound sales and the strategies they use to qualify opportunities and support their SDRs.Alex shares that cold calling is still the fastest and most effective way to connect with people and that more sellers should be leaving voicemails. She also talks about growing leaders from the ranks of SDRs and what aspiring leaders have to look out for to help ensure their growth in this new role.You can connect with Alex in the links below:LinkedIn: https://www.linkedin.com/in/alex-griffin-8123078a/Check out Alex's recommendation on Becc Holland below:LinkedIn: https://www.linkedin.com/in/beccholland-flipthescript/Website: https://www.flipthescript.co/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. More about Nigel GreenLinkedin: https://www.linkedin.com/in/revenueharvest/Connect with me on LinkedIn, where I post daily about sales leadershipCheck out my book: www.therevenueharvest.comDo you want a best-in-class sales team? In this book you learn how seven timeless principles can 2-3X your revenue and turn your sales team into a sales machine.Website: www.Nigelgreen.co HIGHLIGHTSAnalyzing SDR's qualified opportunities and conversionSDR's autonomy, activity benchmarks, and creativityTip: Learn to leave voicemailsCoaching is personalized and about good listeningPreparing SDRs for management rolesQUOTESAlex: "There's so many content, videos, and articles out there about just personalization. It really is key these days when it comes to outbound. You cannot just do generic messaging and spray and pray. You have to be personalized. You have to know who is it that you're sending this email to, what do they care about, and what company are they with."Alex: "If you're going to pick up the phone and call people and you expect them to give you time, you better know how exactly you're going to be providing them value when you get the chance to talk with them."Alex: "We pull our SDRs together weekly to role play and we ask them to practice so that they can be prepared, and so now we're doing that at the management level too. We're going to be coming together and doing exercises where we do have an email exercise and they go into breakout rooms and they practice giving feedback on an email"

    A Noble Purpose Is Your North Star with Lisa Earle Mcleod

    Play Episode Listen Later Jun 2, 2022 31:54


    This episode of the Revenue Harvest Podcast with Nigel Green features Lisa Earle Mcleod, author of Selling with Noble Purpose. Leaders must point toward a noble purpose as their true north because the numbers are lagging indicators of the beliefs and behaviors of the sales team.The great thing is that you can train for belief and behavior. When people have a strong purpose about how to help others, it stops being about themselves and about others. It is from this core that you can build upon sales skills.To create a reorientation in your salespeople, start by asking the question, "how will this customer be different after doing business with you?" Finding the answer to this question requires sellers to look deeper and realize that making it about others creates true impact which translates to even better numbers. You can connect with Lisa in the links below:LinkedIn: https://www.linkedin.com/in/lisaearlemcleod/Amazon book link: https://www.amazon.com/Selling-Noble-Purpose-Earle-McLeod/dp/8126565144Purpose-Driven Sales: https://www.linkedin.com/learning/purpose-driven-salesWebsite: https://www.mcleodandmore.com/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.P.S. Here are 2 ways I can help you:1) Check out my book: www.therevenueharvest.com2) Connect with me on LinkedIn, where I post daily about sales leadership: https://www.linkedin.com/in/revenueharvest/ HIGHLIGHTS Teach a noble purpose to make great sellersPassion and purpose are two different thingsAsk 'how will this customer be different after doing business with us?'Purpose-driven sales: More effective and more job satisfactionShare customer impact stories QUOTESLisa: "What we found over time, that first study was the tipping point. This noble purpose is the differentiator for top performers. But, what we found over time, is it can actually be taught to everyone else."Lisa: "You're looking for that wonderful mix of people who are interested in you, to become sellers for you, because they think oh, this really does make a difference, and also, as leaders, you've got to articulate it and reinforce it on a daily basis."Lisa: "Sellers with a sense of purpose bigger than money have greater resilience and greater tenacity. And here's why: we human beings are at our best when we know someone else is counting on us."Lisa: "A customer impact story is different. It's not about your offering and your seller is not the hero. A customer impact story is about how you made a difference in the life of a customer."

    The Secret Society of Success with Tim Schurrer

    Play Episode Listen Later May 19, 2022 29:02


    HIGHLIGHTS The secret society for success measures success by assistsGivers and takers: Being other-focused and generousThe spotlight mindset and chasing after the creditThe joy is in the journey, not the resultQUOTESTim: "There's a different scoreboard that the secret society operates under. We define success as success in the assists. Success in helping somebody else win. So there's some foundational principles; one of those is that idea of helping others win."Tim: "What if success isn't just your revenue numbers at the end of the month? What if it had something to do with the success that you were able to help unlock or attain for your client? So it's just going one step further." Tim: "Givers are a relatively rare breed. They tilt reciprocity in the other direction, preferring to give more than they get. Whereas takers tend to be self-focused, evaluating what other people can offer them. Givers are other-focused, paying more attention to what other people need from them. Their preferences aren't about money."Tim: "There is no limit to what a man can do or where he can go if he doesn't mind who gets the credit. And, for so many of us, we just want the credit. We want people to see us and recognize us, to look at us as successful as a salesperson or a team leader."

    A Mom in Sales — Empathy Creates Genuine Connections with Quiara Neam

    Play Episode Listen Later May 5, 2022 36:17


    HIGHLIGHTS Lead with empathy: Warmth over powerSales as a mom: To-do lists, research, and time managementQuiara's routine and creating authentic connectionsConnect with stories to hire the best sellersQUOTESQuiara: "What are we measuring each other based off of and how do we want to be perceived? Those things really matter and connection is really what matters so much in sales. We do it all the time with clients. If we don't make that connection, we don't get the trust, we probably don't get the deal."Quiara: "The more honest you can be with people and upfront and create that connection and that vulnerability, the better they're going to trust you. The more human you are, the more human they can be. And now you have that connection."Quiara: "We have gotten over a lot of these uncomfortable things and we lean into them instead of leaning away from them. When you lean into someone's uncomfortable moment, you created trust. When you lean away, you just created a wedge."Quiara: "I think that, if we gave people a shot for who they were, what their background is versus what their resume says in terms of jobs they've held, we'd have a lot more top sellers because a lot of the people who are on my team and other teams came from strange places and they're the ones crushing it."

    Lean into Cognitive Empathy For Humanized Sales with Andy Paul

    Play Episode Listen Later Apr 21, 2022 45:32


    This episode of the Revenue Harvest Podcast with Nigel Green features Andy Paul, sales coach, consultant, host of the Sales Enablement with Andy Paul podcast, and author of Sell Without Selling Out book which was just published recently.Andy stresses the importance of sales leaders to be intentional in reinforcing positive rather than negative sales practices. This means that frontline managers must be guided that their odds of succeeding are better when they devote time and attention to helping their individual sellers.For sellers, Andy also says that they must stay in the right situations to ensure that they grow in alignment with their personal values. And in actual selling, Andy explains how cognitive empathy differs from mere sympathy and how practicing this can produce win-win-win situations for the buyer, company, and themselves.You can connect with Andy in the links below:LinkedIn: https://www.linkedin.com/in/realandypaul/Website: https://www.andypaul.com/Podcast: https://podcasts.apple.com/us/podcast/sales-enablement-podcast-with-andy-paul/id1046045197Amazon book link: https://www.amazon.com/Sell-Without-Selling-Out-Success/dp/1989603572To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.You can also connect with Nigel by visiting the following links:Website (Revenue Harvest): http://www.therevenueharvest.com/Website (Nigel Green): https://nigelgreen.co/LinkedIn: https://www.linkedin.com/in/revenueharvest/HIGHLIGHTSSellers are losing the human touch of sellingOrganization leaders perpetuate negative practices in salesStay in situations that align with your values Ask good questions with cognitive empathy: Hearing versus listeningQUOTESAndy: "I think what sales leaders should do is start looking at how do I define and design my selling process so that I achieve the win rate I desire and then scale that, as opposed to doing what we're doing today."Andy: "Just be calm and relaxed. Take the information and hear it, process it, decide, okay, what's the best choice now for what I should say? And it's not like you're waiting for 30 seconds and thinking about it. You're in the flow but you give yourself that extra beat."Andy: "What I talk about in the book is called cognitive empathy, and it's not just understanding how they feel the way they do. It's understanding why they feel that way with that information."Andy: "The problem is too many people think well, this prospect fits our ICP and I'm talking to personas, we got these personas nailed. I got this and not thinking this is a unique human being working in a company at their own unique set of concerns about the problems they're facing and the outcomes they want to achieve. I need to be curious about that instead of assuming I know exactly what they're going to say."

    Leading Sales Teams During Hyper-Growth with John McMahon

    Play Episode Listen Later Oct 1, 2021 46:26


    This episode of the Revenue Harvest Podcast with Nigel Green features John McMahon, author of The Qualified Sales Leader and five-time CRO. Effective sales uses language that can be understood. Within sales teams, aligning the common terminologies is critical when companies are scaling and taking on massive amounts of new team members. When it comes to the actual hiring process, companies can calculate the risk they have to take before taking on a new hire and apply tools like Profile XT to match the best prospects. John also points out that assessing character should be done alongside skills and culture fit. Hiring in the sales leader position or higher has a huge impact on company success. In the event of underperforming hires, there are strategies you can use to identify key strengths. Sometimes, problematic sales leaders need to learn that, beyond delivering revenue numbers, excellent performance also means being a team player. You can connect with John in the links below: LinkedIn - https://www.linkedin.com/in/johnmcmahon1/ The Qualified Sales Leader (Amazon Book Page) - https://www.amazon.com/Qualified-Sales-Leader-Proven-Lessons/dp/0578895064 To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. You can also connect with Nigel by visiting the following links: Website (Revenue Harvest) - http://www.therevenueharvest.com/ Website (Nigel Green) - https://nigelgreen.co/ LinkedIn - https://www.linkedin.com/in/revenueharvest/ HIGHLIGHTS 03:45 Using a common language within the sales team 08:32 Don't be a glorified scorekeeper, monitor deal progression instead 12:00 Holding reps accountable to slip deals and qualifying deals off the forecast 16:19 Hiring based on risk and using Profile XT 26:48 Assessing character in addition to skills 32:09 Hiring sales leaders and dealing with underperforming hires 37:57 Finding the best candidates for promotion QUOTES 05:28 "We have different definitions of the same words. So I think you can't really communicate in sales, you can't communicate in sports, until you have a common vocabulary for a common playbook." 10:09 "I think it's more important to monitor deal progression than it is to just be a glorified scorekeeper and say Nigel took 12 swings but he didn't get a hit. Who cares, anybody can do that. I don't need a high paid sales leader to do that." 28:10 "If I don't have that type of character, that persistence, heart, and desire, I'm never going to be great at it. And that's the same thing with skills in sales. So I'll move from there." 34:32 "If I think that this person's not going anywhere, why am I joining that company? I'm not really working for the company, I'm working for the leader." 39:41 "When they start to understand that it's not about them, it's about everybody else and the way that they get promoted in this organization is by helping other people be successful, whether that's on their team or outside their team."

    How Story Helps You Sell with Koula Callahan and Nancy Duarte

    Play Episode Listen Later Oct 1, 2021 61:52


    This episode of the Revenue Harvest Podcast with Nigel Green features Nancy Duarte and Koula Callahan. Today's guests break down the different facets f sales presentations and share their expertise in becoming better communicators.Nancy is the Principal at Duarte, Inc. and she shares the persuasive power of Slidedocs, while Koula is the Senior Director of Content at StoryBrand and she teaches a communication framework that positions customers as the hero.Nancy explains how empathy plays a big role in connecting with clients and how sales leaders can take the mentorship role for effective communication. Nancy has published several books like Data Story and Illuminate and she goes through some golden nuggets found here to apply to your sales presentations today.Koula shares the importance of creating a larger overarching story, which includes data and statistics as support, to connect with the pain points of your client. She explains how to create a winning sales presentation using a simple step-by-step process, and creating calls to action which gets the customer's skin in the game.HIGHLIGHTS03:45 Empathy and storytelling are powerful tools in sales presentations10:36 Slidedocs are persuasive for their modality14:15 Data Story: Explaining the 3-act executive summary24:33 Illuminate: Become the mentor to effectively communicate change29:25 How to connect with Nancy32:38 Getting comfortable is the first step to a successful presentation36:43 Frame data into a larger more relatable narrative for effective sales43:43 Speak directly to your customer's objections and present a solution47:09 A step-by-step guide to creating successful sales presentations52:28 Create a call to action that gets commitment56:36 Ask questions to gain insight but let the customer do the talking1:00:17 How to connect with KoulaQUOTES05:07 "You can't make it all about your sale, you can't make it all about your agenda, you can't make it all about you. You should show up and enrich your customer's life or your prospect's life in some way."28:52 "Your sole purpose and your sole role is to help someone else get unstuck. That's your job is I'm going to bring a magical gift, a special tool, and help them get unstuck. Those are the three things a mentor does."37:40 "In this digital world, when you just add to that noise of statistics and data and things that somebody has to remember and this is what you need to know to think that I'm interesting enough to give me your money, it just gets lost in the noise."41:52 "When you start with the problem, it then frames all of those data points and statistics as important to them because it helps them solve their problem."44:44 "If you know the top 3 objections that the person on the other side of the screen has, then I would speak very clearly and directly to those objections and then come up with some sort of statement or case study or testimonial."52:58 "You want your customer to, as they get closer to the buying decision, you want them to have had put skin in the game so that they are more likely to chase down that investment so that they see a return."59:55 "It's your job to guide that conversation in such a way that you pull out what it is your customer is struggling with, what future they really long for, and then once you know those things, it allows you to enter into the narrative with that relief."

    Why Your Sales Territories Kill Company Growth with Alice Heiman

    Play Episode Listen Later Oct 1, 2021 48:31


    This episode of the Revenue Harvest Podcast with Nigel Green features Alice Heiman, Founder & Chief Sales Energizer at Alice Heiman, LLC. Good selling is still good selling even without geographical territories.Alice shares how to transition your sales around the customer and do business the way the market wants to do business. She explains the benefits of aligning your sales people with buying methods and how to use team selling to service larger clients.She shares her process of segmenting prospects and rating and ranking accounts based on metrics other than territory. Alice also discusses the importance of having a CRM and how this can be used to manage relations and measure salespeople on the level of their client relationships.For your sales reps, Alice explains that leaderboards should display how deals come in, perhaps via referrals, to show the quality of the deals coming in.You can connect with Alice in the links below:Website (Alice Heiman) - https://aliceheiman.com/LinkedIn - https://www.linkedin.com/in/aliceheiman/Twitter - https://twitter.com/aliceheimanInstagram - https://www.instagram.com/aliceheiman/To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc.You can also connect with Nigel by visiting the following links:Website (Revenue Harvest) - http://www.therevenueharvest.com/Website (Nigel Green) - https://nigelgreen.co/LinkedIn - https://www.linkedin.com/in/revenueharvest/HIGHLIGHTS04:10 Adapt to video selling: Communicate with your hands07:37 Sales is adapting as it veers away from territory10:36 Segmenting prospects and aligning sales people with buyer buying methods16:00 Using team selling to create customer trust and continuity20:59 Transition your sales structure around the customer24:27 Rating and ranking your current customers28:07 Rework the book of business during transition36:03 Measure salespeople with the number of relationships and referrals43:57 Tips for recruiting in account management versus territory management47:50 Connect with AliceQUOTES07:03 "Some things have changed but mostly they haven't changed. Good selling is good selling."13:09 "What you have to know is how your customers want to buy. That's what you have to know. And you can figure this out by looking at the customers who already buy from you and maybe asking them."13:47 "The main thing is set it up in a way that works best for your customer, not a way that's easy for you necessarily to track and manage."22:25 "Rank them by what they spend. But then, I want to rate them also because just because they spend the most, doesn't mean they're the best customer or that they have the most potential to buy more."28:34 "You could triple or quadruple that 8 million if you would spread those accounts over more people who could actually interface with them and manage them and talk to them because 1 rep cannot touch all of those accounts."44:15 "In our hiring process, we really have to figure out what the strengths are of each seller and their propensity to figure things out and build their own little business. So they have to treat it more entrepreneurially."

    Controlling Your Sales Career Starts With Your LinkedIn Audience with Justin Welsh

    Play Episode Listen Later Oct 1, 2021 36:11


    This episode of the Revenue Harvest Podcast with Nigel Green features Justin Welsh, Co-Founder of Audience & Income. Creating a meaningful personal brand on platforms like LinkedIn can have significant impacts on your corporate brand. Not only can this significantly grow your network, you can also meet other leaders who can shortcut your career goals. Justin stresses the importance of investing in yourself especially through courses created by market and thought leaders. While becoming the best at what you do is certainly admirable, Justin also explains that you don't always have to be the guy and that other people can certainly be the best person for a certain job. He also shares that taking time off to decompress before taking on your next big role helps stave off burnout. You can connect with Justin in the links below: LinkedIn - https://www.linkedin.com/in/justinwelsh/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. You can also connect with Nigel by visiting the following links: Website (Revenue Harvest) - http://www.therevenueharvest.com/ Website (Nigel Green) - https://nigelgreen.co/ LinkedIn - https://www.linkedin.com/in/revenueharvest/ HIGHLIGHTS 04:20 Leveraging personal LinkedIn brands alongside corporate brands 08:20 Control the narrative of your personal brand 13:48 Copywriting a compelling story and becoming a social media magnet 17:45 Invest in yourself and reap multitudes of returns 22:20 Keep building your knowledge through courses and master guides 24:43 Managing burn out, taking time off, and knowing when to move on 32:13 Guide your career with an ideal opportunity profile and liquidity event QUOTES 05:25 "I was the SVP of sales, Kevin Dorsey who worked as the VP of inside sales, we both had meaningful brands on LinkedIn, still do to this day. And that made recruiting easier. It made going and finding really top sales talent much easier." 10:29 "I highly recommend that sales leaders go out start controlling the narrative. Much like why small businesses have websites, they get to control the narrative… versus relying on third-party information." 16:22 "When you get better at writing, you know how to hook folks in. When you can hook folks in, you get engagement. When you get engagement, your posts grow, your following grows." 19:17 "I believe that when I put a dollar into myself, it generally comes back both short term and long term in a high multiple. And so, I invest myself. I keep my expenses low. I try not to live a lavish lifestyle." 31:35 "For me, it was taking a little bit of time off. I wish I had taken off more and being very specific with the customer base that I serve."

    How A Strategic Narrative Can Fuel Sales Growth with Andy Raskin

    Play Episode Listen Later Oct 1, 2021 48:10


    This episode of the Revenue Harvest Podcast with Nigel Green features Andy Raskin who helps CEOs align their teams around a strategic narrative. This strategic narrative shows how there used to be an old game of how to win in the world, but now there's a new game and look how all the winners are starting to play it already. Andy shares how he helps CEOs form leadership groups that can shape the strategic narrative of the company. It is important to show the winners and the losers of this new game and how CEOs can become winners too. He uses the example of ownership versus subscription and how the unicorns have all shifted to providing services instead of selling products. Andy also advises companies to ask their customers what can change their life and how you can align yourself to that. You can connect with Andy in the links below: LinkedIn - https://www.linkedin.com/in/andyraskin/ Website - https://www.andyraskin.com/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. You can also connect with Nigel by visiting the following links: Website (Revenue Harvest) - http://www.therevenueharvest.com/ Website (Nigel Green) - https://nigelgreen.co/ LinkedIn - https://www.linkedin.com/in/revenueharvest/ HIGHLIGHTS 04:39 Creating a strategic narrative with a CEO 11:27 Strategic narrative disrupts changing the game for everybody 12:53 Create a strategic narrative: Form a leadership group and implement in sales 19:45 How companies can use strategic narrative 27:23 Show the stakes that make it about life and death 32:29 Talk to customers to know how you can change their life 36:00 Use slides with takeaways only 39:34 Covid was an accelerant that reshaped strategic narrative QUOTES 03:02 "What is the asset that we should use to define the story that everyone's telling? I came to the sales deck, that the sales deck, the sales pitch is really the core narrative of the company." 08:38 "Look at the great strategic narratives, they all have this structure which is there was an old game that used to be a great game that was the way to win in the world, and now there's a new game and look all the winners are starting to play this new game." 28:35 "Look at all the companies that are thriving. In terms of the incumbents, if they haven't shifted from selling stuff to selling services, they're dead. Like the IBMs of the world and the HPs." 42:59 "Opinions to reality was a shift they were talking about before Covid and part of this is because hey now you have the sales calls recorded. You have them as data that you can mine with artificial intelligence or whatever."

    Managing Time and Reputation in Sales with Rory Vaden

    Play Episode Listen Later Oct 1, 2021 55:30


    This episode of the Revenue Harvest Podcast with Nigel Green features Rory Vaden, Co-Founder of Brand Builders Group and bestselling author of Take the Stairs. Managing time is a misnomer as the only thing anyone can really manage is their own self. To truly multiply your time, you must choose the activities you do today that will lead to more time tomorrow. Rory discusses some mental prisons of our own construction which include procrastination techniques that can cleverly look like productivity. Rory also explains the data they found that people are more likely to work for, buy from, and recommend someone with an established personal brand. This has far-reaching consequences for companies and the metrics they use to recruit top talent. Some benefits of finding talent with personal brands include credibility from being associated with your company, higher sales, more trusted recruiting, and increased brand awareness. You can connect with Rory in the links below: LinkedIn - https://www.linkedin.com/in/roryvaden/ Website - https://freebrandcall.com/rv/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. You can also connect with Nigel by visiting the following links: Website (Revenue Harvest) - http://www.therevenueharvest.com/ Website (Nigel Green) - https://nigelgreen.co/ LinkedIn - https://www.linkedin.com/in/revenueharvest/ HIGHLIGHTS 04:28 Choosing what you spend your time on is what multiplies your time 10:21 Accept that your choices have led to outcomes you are living in today 16:46 Recognizing priority delusion and creative avoidance 24:36 Recruiting versus hiring: A leader with a personal brand has higher value 39:17 Employees with personal brands should be celebrated not feared 47:58 Navigating mental prisons and adding value to other people QUOTES 04:54 "There is no such thing as time management. There is only self-management. You manage yourself. You choose what you're going to do." 11:27 "The prison sentence, it's a mental prison of our own construction. Almost every limit we bump up against in life is a mental prison of our own construction. We think that we are somehow helpless victim of circumstances forced upon us." 23:11 "Am I being intentional, conscious, deliberate, aware, and disciplined about spending time on things today that create more time tomorrow?" 31:20 "We define personal branding simply as the digitization of reputation. That's what it is." 34:12 "If you can help your people build a personal brand, what you're doing is adding trust to your organization. It means you can sell faster. You can sell at higher prices. You can recruit better people." 50:49 "We know that from being in sales and from being executives and entrepreneurs, the more people we add value to, the more value shows back up at in our life."

    The Ironclad Sales Hiring Process with Nicole Moberg

    Play Episode Listen Later Sep 27, 2021 43:09


    This is the debut episode of the Revenue Harvest Podcast season 2 with Nigel Green. Joining today's conversation is Nicole Moberg, CEO of Thrive Senior Living, as she breaks down the 3 phases of hiring a great sales team: you select us, we select you, and the alignment of expectations. Nicole uses 5 main elements to guide this decision-making process, such as identifying the core competencies that you require of a sales role, building a bench, using a framework to inform hiring decisions, requiring character references, and using tools like Predictive Index. Hiring the best salespeople takes more than just HR recommendations. It requires constant work to build your sales network, strategic use of compensation negotiations to finally make an offer, and following a sales success framework. Nicole also shares some red flags sales leaders should watch out for when hiring new talents. HIGHLIGHTS 03:43 5 core elements in the selection process before hiring 05:08 Identifying core competencies and building a bench 15:28 Don't rely on HR recommendations and do character checks yourself 18:27 Using Predictive Index and spotting good character references 23:25 Other factors that affect hiring: Biases, experience, and intuition 29:42 Navigating the question of compensation and making an offer 36:24 Assessing new hires: 4 to 5 week training program and quarterly assimilations 39:07 Recognizing red flags: What to watch out for and noticing nonverbal cues QUOTES 05:46 "Looking at the outcomes and then defining, working backwards in a sense, and defining okay, with that outcome that we're looking for, what is then the criteria? What is the competency that we're looking for?" 08:34 "This may or may not be unusual for some people, but we'll sit down and have dinner or lunch or coffee not only with the candidate but with their support system. And that could be a family member, that could be a partner, a husband, wife." 19:18 "If I believe that they could potentially be coached on that gap, Predictive Index has a really good job of offering up areas of opportunity in the form of interview questions. So I usually do it in what I would call phase 2 of the selection process." 25:46 "Staying true to your system that you've laid out can be challenging especially if you've not built the bench and you're trying to catch up with an opening and fill it quickly. You tend to, at that point, feel a little bit more desperate." 39:17 "That victim mentality, that I versus they, that skipping around without a great explanation, and that mentality of the grass is always greener, I think those red flags are really important not to ignore." You can connect with Nicole in the link below: LinkedIn - https://www.linkedin.com/in/nicole-moberg%E2%98%80%EF%B8%8F-3704472/ To hear more episodes of The Revenue Harvest Podcast, you can visit http://www.therevenueharvest.com/ or listen to major podcasting platforms such as Apple, Google, Spotify, etc. You can also connect with Nigel by visiting the following links: Website (Revenue Harvest) - http://www.therevenueharvest.com/ Website (Nigel Green) - https://nigelgreen.co/ LinkedIn - https://www.linkedin.com/in/revenueharvest/

    The Thin Line Between “Brand Building” and “Spam” with LinkedIn Board Advisor Marcus Murphy

    Play Episode Listen Later Dec 15, 2020 60:14


    Email is not dead. The phone is not dead. Yet so many sales teams but all their eggs in the LinkedIn basket. It's the person and their content connected to the email and phone that's broken. Although sales processes have shifted with new tools, the opportunity in understanding how to structure outreach in a way that gets people to want to engage with you in a conversation hasn't.Join Marcus Murphy, the CEO of The Five Percent and Board of Advisor member to LinkedIn, in a conversation around building sales teams from scratch and making the most of LinkedIn.Show notes:When you're coming in to build a brand new sales team at a company that's never had one, you have to understand and fall in line with the momentum they've already built. And you have to find a way to amplify what already works. Email is not dead. The phone is not dead. It's the person and their content connected to the email and phone that's broken. You're doing yourself a disservice if you don't see the value of LinkedIn with your people and how they're using it. Engaged/open conversations is a great KPI for LinkedIn InMail as opposed to an automated spray and pray model. Send 20 personalized, intentional, targeted messages that are going to result in a much bigger response than 100 automated ones. If you've taken yourself out of the teacher role, then you are killing your team slowly. If you're growing out of cash capital, then you have to home grow your talent. Take high performers in the customer support team and graduate them into an MDR, SDR, BDR type roles, working them into being a well-rounded senior account executive. If you're growing a team from scratch, be the first person that goes through the sales process so you create a wash and repeat process. Be mindful that if you are senior in your sales role, there are tactics you may try that are not repeatable for someone less polished and experienced. The sales process is shifting, however there are some tools in your inside sales playbook that have remained the same such as a CRM to organize your current customers and potential. Zoom, chat, LinkedIn and some type of outreach software should be investments for your sales processes if they're not already there.Followup tends to be the least amount of effort and energy exercised by a sales leader, but it seems to be one of the most beneficial and crucial parts that leaders constantly overlook. If you're going to be a thought leader, be a thought leader in what your prospective customer cares about. Good thought leadership focuses on answering questions for the customer and addressing pain points. Having a personal brand is only helpful if you have built a large enough platform that you have more credibility to introduce your reps and your people to conversations that they normally would just get rejected on. The same things that make you really competitive, and make you a successful sales leader, are also the same things that have this ability to unleash the darkness that's in you, and you've got to do the work to keep that in check.For links and resources, visit https://nigelgreen.co/revenue-harvest/

    How to Finally Align Sales and Marketing with Digital Marketer Andrew Dumont

    Play Episode Listen Later Dec 8, 2020 43:30


    More often than not, the relationship between marketing and sales is siloed at best or it's adversarial, at worse.There's no better time to lean into digital and for these organizations to unite. In this episode, Andrew Dumont draws on ways for sales and marketing organizations to be aligned on their shared revenue goals.Andrew Dumont is a serial technologist with a passion for building, growing, and investing in early-stage companies. He's currently the founder of Curious Capital and has worked as an Entrepreneur in Residence at Betaworks in New York City, a startup studio that has invested in companies like Tumblr and AirBnB, and has created companies like Bitly, Giphy, and Chartbeat.Show notes:Marketing should be goaled on revenue and top level business metrics as opposed to vanity marketing metrics. Weekly pipeline conversations between marketing and sales leaders is critical to maintaining that relationship. A standing agenda could include pipeline updates from the sales organization, performance from the marketing organization, activities attributed in terms of leads generated, or attributed revenue. One of the big tensions in conversations between sales and marketing is ensuring that marketing is filling in the gaps when it comes to collateral and that the sales teams feel they have the materials and support for them to be successful. Marketing should set goals for that and then benchmark against whether they were able to help sales reach those goals. At a minimum, a website should be making the life of the seller easier. A visual website experience is a key component of the brand and how reputable you look as an organization. Marketing should be responsible for building predictable, repeatable processes for generating qualified leads for the sales organization As a marketing organization, revenue is the key determining metric of whether you're successful or not. If you're not creating leads that turn into revenue, then you're just spinning your wheels.A lot of strife comes from marketing vanity metrics, and marketing organizations being focused on leads and getting people into the funnel, however if those leads aren't qualified, that's where the disconnect happens between sales and marketing. Attribution is a huge challenge for sales and marketing. When the shared focus is on revenue and growing the business, you don't have to worry as much about whether sales generated the lead or marketing generated the lead. A good sales and marketing alignment meeting may mean walking through the campaigns and activities for the week, looking at the timing, and pipeline, and uncovering disconnects. That's when these meetings are valuable. Marketing should go through the sales process. They should be a sales person for several days, try to sell the product and have conversations with customers to understand where they are failing in terms of their messaging, and the way the product is being served. Modern marketers today are very tactical. They know a lot about SEO, content marketing, they know about all these channels that exist on how to generate leads and generate new customers, but they actually step over the core of it which is: what is the value proposition? What is the benefit to the customer? What are the objections to why this product wouldn't work well for them?For links and resources from the episode, visit https://nigelgreen.co/revenue-harvest/

    The Anatomy of the Perfect Sales Rep with Sales Enablement Expert Alea Homison

    Play Episode Listen Later Dec 1, 2020 45:37


    Too often, the role of sales development is minimized in an organization. By celebrating this role and valuing each function of sales teams equally, organizations that celebrate and reciprocate that feeling of how important sales development reps are to the broader organization have higher performing and more productive sales teams.In this episode, Alea Homison, Vice President of Sales Enablement and Sales Development at AlphaSense, talks how to celebrate sales development reps and the importance of valuing each function of sales teams equally. She specializes in building sales enablement programs for organizations focused on growth and scalability and has developed and managed a variety of high performing teams throughout her careers in sales, sales strategy, client service, corporate strategy, and investment banking.Show notes:Put your people first. Make it a priority to deeply understand the people on your team. For example, understand what motivates and inspires them, understand their personality, and how you as a leader need to make certain adjustments for certain individuals based on their personality profile. Be intentional about how you interview sales reps, so you can be sure that you are identifying and attracting the right talent to your team. We all have our own biases in the hiring process. You need structure to be able to compare like for like. The four key criteria to focus on for hiring is: general mental acuity, curiosity, conscientiousness, and grit. Data tells us that these characteristics move the needle with respect to success in roles. Chemistry is also an important competency piece to consider during the hiring process. People that are leading a function should be obsessed with that function. Know the impact that you can have on someone's career by being a great mentor and leader of a sales development team. Value each function of sales teams equally. Don't minimize sales development and their contribution to the organization based on how long they've been doing sales. Elevate and celebrate them in an equal way to account executives and customer success managers. Hire sales development managers that love sales development and understand how essential it is to the success of an organization. The organization should reciprocate that feeling of how important sales dev is to the broader organization. Data from Leading Sales Development says if you're a former athlete from a team sport, you're no more or less likely to be successful than a non former athlete, however, individual sports athletes have an even greater chance of being successful in a sales roles because it is your solo work and ethic that contributes to your success. A weekly cadence with the chief revenue officer, their direct reports, the customer success leader, and account executive and sales development leaders allows you to have consistent alignment and move things forward on a consistent basis. By doing these weekly syncs, you give each other that time back at the end of the month. So at the end of the month, you'll actually reprioritize time and be giving bandwidth back to each other as much as possible. Conduct internal quarterly business reviews. Account executives should be treated as though they're owners of their own business and so essentially, it's a readout of the prior quarter: what went well? What didn't go well? How do they believe they need additional resources or support across the organization going forward?You owe your team systems that will allow them to be successful. Hire smart and capable people and give them creative freedom within those systems.For resources and links from the episode, visit https://nigelgreen.co/revenue-harvest/

    Virtual Selling Excellence with Ted Olson of The Predictive Index

    Play Episode Listen Later Nov 24, 2020 43:32


    The world of work has essentially changed forever with virtual selling. Many organizations may not have the luxury of augmenting their salesforce with talents that is more naturally suited for this environment, however there is a real opportunity to use this new medium to make our sales teams even better. Ted Olsen leads this conversation in helping sales leaders understand how to coach individuals who are struggling in the new environment by continuing to tap into their natural strengths Ted Olson currently leads the rapidly expanding partner activation channel at The Predictive Index (PI). Prior to this role, Ted built the direct sales team at PI that broke every record in the 65 year history of the company. Show notes: Many folks who are now struggling to adapt their presentation, their ability to ask good questions in a virtual environment is because it's a different medium. To be able to pivot, and do it well is challenging for many. That said, the digital environment is ideal for really sharpening and honing your sales skills because you can use data such as talk time, interaction time, and patience scores to improve. If your top performers are coming to you with a list of “B player” excuses (I can't get my call cadence right, prospects aren't responding; the environment's really difficult), the first thing is to set the tone that that's not okay. When it comes to rethinking goals for the second half of 2020, it is up to the sales leader to inform the management team of the changes. For example, based on the data that we have so far, based on reduced number of leads, etc., we can begin to project and forecast new numbers and figure out some creative approaches that will help us find our way through the storm. Everyone is looking for help in navigating the storm. And right now B players are not going to last in this storm. They're going to be siphoned out. The same way that professional sports uses data and stats to understand which players to put on the field, in which order, in which position, working on the same goals to deliver on the goal, that's what Predictive Index does to build a winning sales team. The discipline of talent optimization, (which is the idea of using data to understand your people so you understand what naturally resonates with them), so you can tap into those superpowers, is a sales leader's secret weapon. Every sales environment is different. Data helps you to understand your people so you understand what naturally resonates with them and their behavioral styles to know which environment will best suit them. Some sales systems and environments are operationalized and process-driven that you need a different type of person to be super effective in that environment versus the more typical, stereotypical salesperson who is naturally persuasive and can think quickly on their feet. The world of work has essentially changed forever with more remote work. There are behavioral drives that you can recognize and pick up with PI software that helps sales leaders understand who are those that can really struggle in an environment, in a virtual environment and who are perfectly capable of functioning at a very high level in a remote environment. For links and resources, visit the episode's webpage: https://nigelgreen.co/revenue-harvest/

    The Sales Leader's Dilemma: The Unspoken Truth that Wrecks Teams with Miles Adcox

    Play Episode Listen Later Nov 16, 2020 44:29


    What's your process for checking your self-awareness? How much of a priority are you putting on your emotional and mental wellness as a leader? When leaders are self-aware and emotionally fit, that's when they're truly integrated and whole leaders.In this episode, Miles Adcox, owner and CEO of Onsite, an internationally-known emotional wellness lifestyle brand that delivers life-changing personal growth workshops and leadership retreats, shares how to have longevity and accountability as a leader by weaving mental and emotional health practices into your culture.Show notes:You won't last long as a leader if you can't take care of your people. Taking care of the human first is important so that they can produce. Restoring, reflecting, reconnecting, recalibrating who we are so that we can better become who we're supposed to be professionally and personally. Self-awareness is the one thing in leadership that has this unspoken dilemma of a leader and therefore creates (because it's unspoken and unsaid in most environments) an obstacle, but it's only two degrees away from our biggest opportunity. Before you can even take care of others, you have to take care of yourself. Leaders who have shied away from vulnerable conversations or true audit and assessment about themselves and their own lives, should give it a go, and tell me after you finish if you think it's a soft skill or not. Because there's nothing soft about it. It's actually hard because it's counter-cultural. You can't hold a team accountable until you hold yourself accountable. Leadership can create abnormal life circumstances because it creates high levels of stress. Unaddressed stress creates anxiety, disconnection, loneliness, addictions, et cetera. All of which kill connection, true leadership. So whatever it is that makes a leader a leader, you signed up for a career when you're at the top of your game, to kill it. That's why it's a dilemma. As leaders, it's your job to start making mental and emotional health a priority and telling people on the front end here's what they're susceptible of and how to keep their magic and flow. If you take care of yourself you can do it, and here's the ecosystem and environment we're going to create to help you do so.One of the strongest tools that we can teach leaders and human beings is self-awareness. Self-awareness is underestimated because we assume if we're good with people and if we have influence that we assume that we're self-aware. Reading people well is not a predictor for being able to read yourself and assess what's going on with you. Self-awareness is something that should be maintained, worked on and grown. When leaders are self-aware and emotionally fit, that's when they're truly integrated and whole leaders. Knowing emotional intelligence and actually feeling it and integrating it are two different things.For additional links and resources, visit the episode webpage: https://nigelgreen.co/revenue-harvest/

    Value Reviews: One Meeting That Will Maximize Customer Retention with SalesLoft's Jeremey Donovan

    Play Episode Listen Later Nov 16, 2020 42:35


    A good value review includes both retrospective and prospective views. In this episode, Jeremey Donovan, the SVP of Sales Strategy and Operations at SalesLoft, breaks down systematic data collection tactics and how to build better relationships with existing customers by delivering value at your next value review meeting.Show notes:The golden rule is: Do unto others as you would have done to you. But, the platinum rule is: Do unto others as they would have done unto themselves. Part of what drives leaders to act poorly to their team is the fear of failure, fear of losing their sense of title, or position that they have. As you think about transitioning from sales into leadership and the importance of analytics, you don't need to be excessively analytical, but you do need to think about the concept of A/B testing. Particularly, if you're prospecting: what is the mix of touches that you need to do? When you do those touches? How do you need to tune your talk tracks? How do you need to tune your emails? Your social engagement, etc.? Look what people are testing and finding, and then attempt those on your own and see if they work for you specifically. As a leader, don't become a slave to the dashboard and the data. It's incredibly easy for a frontline sales manager to get lost in tools and data, and not actually "ride along" either in-person, or by listening to call recordings and providing commentary on call recordings. Analysis is important as a sales manager, but don't let that get in the way of actually coaching your reps. As you move up in sales leadership roles, you should shift to an analytical skill of interpretation and action, rather than an analytical skill of analysis and recommendation. As a leader, try to delegate deeper analysis work so you can focus on the interpretation of data. Pipeline coverage is an old school way of forecasting, but it refuses to die. To assign accounts, look at 10 or 15 diverse sources of information such as LinkedIn, Crunchbase, and then build an algorithm that predicts what is likely to be a good account and what is not likely to be a good account, and then use those predictive scores in order to assign accounts. A good value review includes both retrospective and prospective views. When meeting with an account, look at what was delivered during the course of the engagement and include a prospective view of, now here are the new ideas that we think are high leverage ideas for you should you wish to continue the relationship.For links and resources mentioned in this episode, visit: https://nigelgreen.co/revenue-harvest/

    How to Earn Your Board's Trust with Executive Coach Michael Burcham

    Play Episode Listen Later Nov 16, 2020 48:08


    Most sales leaders are terrified of the Board of Directors. The narrative with your customers is important, but how are you shaping the narrative with your board? Gaining your board's respect starts with presenting a strong annual strategic plan. In this episode, Michael Burcham talks through the mechanisms of an iterative planning process that evolves with the market and engages the voice of the customer.Michael Burcham spends his time working to build businesses as a CEO, Strategist, Entrepreneur, Educator and Executive Coach. He currently serves as Executive Partner with Shore Capital Partners. Throughout his career, Michael has scaled and sold 3 healthcare organizations – Theraphysics, ParadigmHealth, and Narus Health. He is also the founding President & CEO of the Nashville Entrepreneur Center where he served from 2010 - 2015.Show notes:Planning is an iterative process that involves gathering market intelligence, bringing that intelligence back to the company, and as the market slowly evolves and moves, you know how to work contingency plans and update your plan as you go. Successful planning means watching all the signals coming from the environment and having contingencies set to go so that they can be adjusted week to week as needed. Customer sentiment shifts overtime: what worked a year ago won't work today, or maybe even six months ago won't work today. The sales leader and the sales team are the primary voice of the customer. The messages the sales team brings back of both successes and misses should shape and inform the planning process. Performance around process provides powerful insight. Frequent, fruitful conversations on where you're hitting the mark and where you're missing the mark between the sales leader and board is key. When a company does strategic planning without the sales leader present, it becomes everybody's best guess of what we're going to do and how we're going to resource it. If sales plans fail, it's not because of a lack of resources. It's because of a lack of resourcefulness. Ask good questions. By asking good questions, you can get a beautiful, crystal-clear picture of what is or isn't happening. It's imperative that a sales leader have an opportunity to interact with the company's advisors who are helping guide the overall strategic direction of the company, because without revenue, there is no strategic growth, and the drivers of revenue are the folks leading sales. Once you lose control of the narrative with your customer, you are virtually guaranteed to lose control of the narrative with your board. If you're a sales leader going into a board meeting, prepare as if you were going to see a serious sales prospect. You wouldn't walk in cold and not be prepared for the meeting. Ultimately, it's the entire team that makes a company hit its sales target. Understand you are part of the team and you're given the privilege to be the messenger of the company. But it only works when the entire company is working as a team to hit its quarterly number. And if you take all the credit for the sale, you have to also take all the credit for the miss, and neither are ever really true. Never forget the first 100 days with a customer. If you can't grow at a rate that's faster than the rate the business or the team is growing, you will be replaced. There's never been more need for a coach.For links and resources mentioned in the episode, visit the episode website: https://nigelgreen.co/revenue-harvest/

    The Revenue Harvest Podcast

    Play Episode Listen Later Oct 28, 2020 2:09


    Welcome to the Revenue Harvest Podcast with Nigel Green. Learn from the brightest and most successful executives, investors, advisors, and consultants of our time about the fundamentals of sales leadership. This podcast will give you the answers to the questions that will help you lead your team better, consistently exceed your sales targets, and make the most of your career.Website - https://nigelgreen.co

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