The Sales Management. Simplified. Podcast with Mike Weinberg-logo

The Sales Management. Simplified. Podcast with Mike Weinberg

Business & Economics Podcasts

Execs, sales leaders, and aspiring sales managers: Ready to create a healthy, high-performance sales culture and drive significant long-term sales growth? Had it with the noise and nonsense that passes for sales advice today and the nonstop pitches promising you a new hack, trick, or tool to solve all that ails your sales? Join practitioner, speaker, coach, and globally trusted sales expert Mike Weinberg, author of the bestselling and most reviewed sales management book, for straight talk, blunt truth, and powerful, practical techniques that will maximize sales management effectiveness and help your team WIN MORE NEW SALES!

Location:

United States

Description:

Execs, sales leaders, and aspiring sales managers: Ready to create a healthy, high-performance sales culture and drive significant long-term sales growth? Had it with the noise and nonsense that passes for sales advice today and the nonstop pitches promising you a new hack, trick, or tool to solve all that ails your sales? Join practitioner, speaker, coach, and globally trusted sales expert Mike Weinberg, author of the bestselling and most reviewed sales management book, for straight talk, blunt truth, and powerful, practical techniques that will maximize sales management effectiveness and help your team WIN MORE NEW SALES!

Language:

English


Episodes
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WHO’S ON YOUR TEAM? [your “personal” team, not your sales team]

4/30/2024
Episode 72 is different. Instead of talking about leading your sales team, Mike challenges listeners with this important personal question: Who is on YOUR team? This episode was inspired by several factors, including a personal breakthrough Mike is experiencing in his own life, combined with a well-timed Netflix docuseries episode that perfectly depicts the transformative change you can experience from making the right additions to your personal team. Who is rooting for you? Who is challenging you? Who are you going to for outside perspective or expert advice? Who is helping ensure that you win…at work, at home, at health, at life? Who is cheering you on? Or confronting you when you play the victim? Who is whispering encouragement in your ear? Or speaking hard, constructive truth (hopefully in love), when you need to hear it? Take a listen and be challenged to consider who might add to your personal team to help you experience a breakthrough. Resources Mentioned: Podcast Episode: Practical Wisdom from a Highly Rated Financial Advisor, Golf Instructor, and Sales Coach to Help You Win Big in 2024! ___________________________________________ This episode is sponsored by Pursuit Sales Solutions. If you looking for help adding A-player talent to your team, contact Mike’s friends at pursuitsalessolutions.com/weinberg

Duration:00:26:16

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A Prospecting Post-Mortem – Why You/Your Team Are Not Securing Enough Meetings

4/16/2024
Episode 71 was inspired by a message Mike received from an executive whose sales team was not securing enough meetings with prospective customers. The executive shared two specific frustrations: In this episode, Mike shares his initial response to this request for help and offers up a list of potential causes for ineffective prospecting – ranging from impersonal, automated approaches, to the model being deployed, the focus of the messaging, the DNA of the salespeople, sellers not properly pushing past resistance or overcoming objections, the weightiness/reality of virtual vs. in-person meetings, and more. Take a listen to see if any of these obstacles are preventing you or your sales team from securing meetings with targeted prospective customers. RESOURCES MENTIONED: YOUR SALES STORY online course Supercharge Your Sales Leadership full-day intensive ____________________________________________ This episode is sponsored by Pursuit Sales Solutions. If you are looking for help adding A-player talent to your team, contact Mike’s friends at pursuitsalessolutions.com/weinberg

Duration:00:23:17

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What’s Your Primary Purpose on Sales Calls: Proactively Developing Your Salespeople or Advancing and Closing the Sale?

3/26/2024
Mike recently led a workshop for a group of talented, hungry, driven, young sales managers who were falling into an all-too-common trap – “doing” instead of coaching, developing, and holding sales reps accountable. During the session Mike challenged this group of managers with a question he had never thought to ask before: When making joint sales calls with your people, is your primary purpose to… A) Proactively develop your salesperson, or B) Advance and close the sale The healthy discussion that ensued inspired this episode. Listen in as Mike shares more of the story, promotes the importance of proactive, developmental, nonurgent coaching, and offers thoughts on best practices when managers ride shotgun with reps on sales calls. RESOURCES MENTIONED IN THIS EPISODE: The First-Time Manager: Sales book Supercharge Your Sales Leadership event, October 8-9, The Porsche Experience Center, Atlanta __________________________________ This episode is sponsored by Pursuit Sales Solutions. If you looking for help adding A-player talent to your team, contact Mike’s friends at pursuitsalessolutions.com/weinberg

Duration:00:35:03

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Instead of Committing Sales Management Malpractice by Ignoring Underperformance, This Is How to Quickly Address It!

2/27/2024
In this episode Mike tackles a critical sales management topic that does not receive enough attention. Too many sales managers allow underperformance to go unaddressed for way too long! Episode 69 is granular and prescriptive as Mike shares exactly how to start the conversation with a struggling salesperson and begin the all-important process of coaching that seller up, or if necessary, out. RESOURCES MIKE REFERENCED IN EPISODE 69: The First-Time Manager: Sales book (Chapter 8) The free guide on increasing accountability and creating a high-performance sales culture: Mikeweinberg.com at the top of the page. Supercharge Your Sales Leadership October Event: The April event sold out very quickly so we just secured The Porsche Experience Center for our next sales leadership event on October 8th (& 9th for the VIP option). Check out all the details, the packed agenda, and the powerful outcomes here: www.mikeweinberg.com/atlanta2024 _________________________________________________ This episode is sponsored by Pursuit Sales Solutions. If you looking for help adding A-player talent to your team, contact Mike’s friends at pursuitsalessolutions.com/weinberg

Duration:00:28:35

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Mike Tackles 8 Tough Questions from a Sales Team

1/30/2024
During Week 1 of the 2024 Sales Kickoff Meeting Season, one of Mike’s clients included a live Q&A to conclude a virtual session. The questions from the salespeople and sales leaders were so good, and so different from what Mike is typically asked, he decided to share them (along with his answers) in this episode. You’ll want to share this episode with your sales team! Take a listen for Mike’s answers to these eight great questions: solutionshardware)Ugly 8 Reasons Sellers Get Viewed as Amateurs, Relegated to “Vendor” Status and Commoditized Resources Referenced by Mike in Episode 68: The New Sales. Simplified. Video Coaching Series Ugly 8 Reasons Sellers Get Viewed as Amateurs, Relegated to “Vendor” Status and Commoditized (PDF) Mike’s wife’s irrational, but wonderful, response to her gorgeous new putter (blog post) A Foolproof Framework to Guarantee Consistent Deal Flow and a Full, Healthy Pipeline (podcast episode) 9 Powerful Reasons to Have Salespeople Write Individual Business Plans (podcast episode) 5 Fundamental Focus Areas for a Successful Sales Attack (podcast episode) This episode is sponsored by Pursuit Sales Solutions. If you looking for help adding A-player talent to your team, contact Mike’s friends at pursuitsalessolutions.com/weinberg

Duration:00:38:11

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20 Timeless Tips to Help You & Your Sales Team Tackle 2024

1/10/2024
Mike kicks off the year with 20 powerful sales tips to help you (and your salespeople) absolutely crush 2024! He initially shared this list with his email subscribers and the feedback was so positive that he felt obligated to turn these tips into Episode 67. Take a listen, share this episode with your sales team, and make sure to grab the free PDF with Mike’s 20 tips from HERE. This episode is brought to you by Mike’s friends at Pursuit Sales Solutions. If you’re looking to acquire A-player sales talent for your team, Pursuit can help! RESOURCE MENTIONED IN THIS EPISODE: The Supercharge Your Sales Leadership elite one-day intensive (8 spots remain for February 21 and there are 24 spots open for the May 1 session in Atlanta) Mike’s book Sales Truth Mike’s book New Sales. Simplified. Article: Lessons for Managers and Salespeople from Jordan Spieth’s Caddie

Duration:00:30:41

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Practical Wisdom from a Highly Rated Financial Advisor, Golf Instructor, and Sales Coach to Help You Win Big in 2024! [Fundamentals Outperform Gimmicks]

12/27/2023
In this powerful episode, Mike puts the wrap on an amazing year. Episode 66 combines straight talk from two of Mike’s highly-rated, trusted advisors – his golf coach, Brian Fogt, and his financial advisor, Jacob Turner – along with his own Year-End/New Year’s Sales and Sales Management “Fundamentals Checklists.” Enjoy listening to Mike interact with two true professionals – people he turns to (and pays) for advice! Be amused at the similarities between investors, golfers, salespeople, and sales leaders – most of whom suffer from FOMO, tend to bore easily, and are quick to chase sexy quick fixes and shiny new objects instead of doing the mundane work to shore-up the fundamentals. And don’t miss Mike sharing exactly what he’d be focusing on right now if he was a sales leader looking to maximize results in 2024. Thank you for your incredible support of the Sales Management. Simplified. Podcast in 2023. As Mike concludes every episode, wishing you great sales leadership, and to your team, tons of NEW SALES in the year ahead! RESOURCES MENTIONED IN THIS EPISODE: The February 2024 Supercharge Your Sales Leadership event in Atlanta. The Fastest Way to Increase Accountability, Reduce Complacency, and Create a High-performance Sales Culture guide (near the top on the right at mikeweinberg.com) Chapter 20 in Sales Management. Simplified. Chapters 3 and 8 in The First-Time Manager: Sales

Duration:00:59:11

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Taylor Swift is Right: Trash Takes Itself Out Every. Single. Time.

12/14/2023
After a few week break, Mike is back with Episode 65 inspired by this pithy and powerful line from Taylor Swift’s interview after being named Time Magazine Person of the Year: “Trash itself out every single time.” While not a “Swiftie” and admitting he can’t name three of her songs, Mike shares his high respect for Taylor and applies her wisdom to what he has seen time and time again over the past decade in world of sales. He also mentions that, simply by coincidence, four different people released their interviews of Mike in the past week, and he encourages you to check out these interesting and valuable conversations about sales and sales management effectiveness: Mike with Jason Bay – Outbound Squad Podcast Mike with Jeb Blount – Sales Gravy Podcast (Part One Audio) and Part Two Video Mike with John Barrows – Make It Happen Podcast, Video here or listen on Apple Podcasts Mike with Fred Diamond – Sales Game Changers Podcast (accompanied by Mike’s friend, sales leader extraordinaire, Joe Tarulli) RESOURCES MENTIONED: The next Supercharge Your Sales Leadership elite one-day intensive is February 21 at The Porsche Experience Center right next to the Atlanta Airport. Info and registration HERE. How to Lead Sales Team Meetings That Energize and Equip Your Salespeople (previous episode) or see Chapter 21 in Sales Management. Simplified.

Duration:00:26:21

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How to Give Your Buyers a Dopamine Hit with Buyer First Collaborative Selling

11/21/2023
Episode 64 is not just for sales leaders! This is one you will want to share with your sales teams as Mike hosts a special guest, the brilliant Carole Mahoney. Mike declares that Buyer First: Grow Your Business with Collaborative Selling is the best-written book he’s read this year and is convinced that you and your sellers will enjoy and greatly benefit from this enlightening conversation as Carole shares the science behind the success experienced by those who sell collaboratively. Along with nodding, smiling, and shouting “Amen!” as Carole and Mike exchange #notaboutme sales philosophies, you will also learn… Links in this Episode: The Fast Foundations Virtual Workshop Series for sales managers Buyer First on Amazon Carole Mahoney’s site Carole’s LinkedIn profile

Duration:00:47:44

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I Shot the Social Selling Charlatans & an MBA Class’ Real-Life Sales Management Disaster

11/14/2023
Episode 63 was inspired by Mike’s guest appearance on the Social Selling 2.0 Podcast and a 40-minute session he held with executive MBA students just before recoding this podcast. Carson Heady (featured in Episode 52) requested Mike’s take on the current state of “Social Selling” and how it has evolved since its inception. A fascinating dialogue ensued including Mike’s rant about the “founders” of the movement — none of which are still teaching/promoting social selling — and their absolutely false proclamation that “EVERYTHING in sales has changed!” In the second half of the episode Mike recaps the sales management horror story faced by a group of executive MBA students who sought out his input on the situation at the real-life client they have been charged with helping. Enjoy hearing this classic case of senior leadership dysfunction and the effect on the sales team and results. Resources Mentioned in this Episode: The once-per-year special offer on the New Sales. Simplified. Video Coaching Series (mikeweinberg.com/morenewsales) The FAST FOUNDATIONS live virtual workshop series which kicks off December 18th (mikeweinberg.com/fastfoundations) The next Supercharge Your Sales Leadership elite event sessions in February and April (mikeweinberg.com/atlanta2024) Social Selling Simplified Episode on the Social Selling 2.0 Podcast featuring Mike Weinberg Episode 52 of this podcast featuring Carson Heady

Duration:00:24:58

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9 Powerful Reasons and a Template to Help Your Salespeople Write Individual Business Plans

11/2/2023
It’s that time of year, and in Episode 62 Mike makes a strong case for having each of our salespeople draft an individual business plan for the coming year. Referring to the most popular article he’s ever published, Mike offers nine compelling benefits (for both the salesperson and the manager) resulting from having sellers write and present their plans, and he also outlines a simple template you can adapt and use. RESOURCES TO HELP WITH BUSINESS PLANS MENTIONED IN THIS EPISODE: Blog Article - Why Salespeople Should Write and Present Individual Business Plans Chapter 26 in Sales Management. Simplified. Chapter 14 in New Sales. Simplified. ___________________________________________ JUST ANNOUNCED – NEW DEVELOPMENT OPPORTUNITY FOR SALES MANAGERS A series of virtual workshops and office hours sessions led by Mike for managers looking to master the best practices and key takeaways from his sales management books. Over three months, benefit from four workshops and three office hours sessions covering critical topics from increasing accountability, maximizing the impact from developmental coaching, becoming smart talent managers who drive more results from their best sellers while quickly addressing underperformance and artfully coaching-up (or coaching-out) struggling sellers. Limited to 25 participants per group to maximize interaction and ensure everyone gets their challenges and questions addressed! The first virtual workshop is December 18. More info and register at mikeweinberg.com/fastfoundations

Duration:00:31:06

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How Sales Managers Can Help Salespeople Conduct Significantly More Effective Sales Calls

10/16/2023
Isn’t conducting professional, effective sales calls one of the main responsibilities of a being a salesperson? After all, the word sales is in the job title. If there’s one thing a “salesperson” should be able to do well, it’s to conduct a sales call! Therefore, isn’t it then incumbent upon sales managers to ensure that their people are indeed proficient at this essential skill? In Episode 61 Mike shares the most prevalent sins he regularly sees salespeople committing – whether it’s the “show up and throw up / spray and pray” approach entering the meeting in pitch mode, talking first, talking too much, not sharing an agenda and getting the customer’s buy-in, weak probing and discovery, or not fleshing out obstacles and objections and not securing and scheduling next steps – and challenges managers to raise their own game when it comes to coaching sellers to better prepare for sales calls. Mike makes the case that if managers would be more rigorous/focused/specific/intentional when helping salespeople prepare for sales calls, that much of that rigor would stick and that many sellers would continue to prepare better for meetings even when the manager is not assisting or coaching them. Take a listen for Mike’s basic best practices on prepping salespeople for sales calls and be sure to grab the free Pre-Call Planning Checklist (one of the bonus resources from the new book, The First-Time Manager: Sales) that he offered to podcast listeners. RESOURCES MENTIONED: Episode 18: Ineffective Sales Calls, Premature Presentations/Demos, and Selling Like Everyone Else Gets You Commoditized New Sales. Simplified. (the book) The New Sales. Simplified. Video Coaching Series Pre-Call Planning Checklist JUST ANNOUNCED: We have secured dates for the next two Supercharge Your Sales Leadership events at the Porsche Experience Center in Atlanta! Get more info on the packed agenda, premium venue, and powerful outcomes at mikeweinberg.com/atlanta2024. Limited to 50 sales leaders. All prior 13 events have sold out so reserve your spot now for the February or April sessions!

Duration:00:34:01

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The Massive Transition from Salesperson to Sales Manager Poses Similar Challenges to What Selling-Sales Leaders Face Every Day

9/25/2023
While preparing to kick off a new engagement to help selling-sales leaders (player/coaches who are both producers and team leaders) increase sales management effectiveness, it hit Mike that the challenges these leaders face on a daily basis are almost identical to what new managers face when transitioning from individual contributor roles into team leaders. In this episode, Mike unpacks three big adjustments that first-time managers must successfully navigate… Shifting from being “responsible for one to being responsible for many”Learning to “win through others vs. winning on your own”Moving from a “selfish/individual mentality to a selfless/leader mindset” …and how those who are charged with driving both their own production/sales numbers AND leading the team must learn how to artfully bounce back and forth between these two very different (and sometimes competing) responsibilities. Mike also offers an enormous THANK YOU to podcast listeners for helping to make the launch of his new book, The First-Time Manager: Sales, even more successful than he even dared hope as it achieved Amazon #1 Best Seller status in three categories! RESOURCES MENTIONED: Read or download your free copy of Chapter 2, Your New Job (as Manager) Is Nothing Like Your Old Job (in Sales) Fast Foundations Virtual Workshop Series - A new offering to help new sales managers (or experienced managers seeking a powerful refresher on the fundamentals) quickly master the critical key concepts from The First-Time Manager: Sales - accountability, coaching, smart talent management, and NOT playing sales team hero! This three-month fast-track series is limited to 25 participants and will include live virtual workshop and office hours sessions with Mike. Contact our team for more info.

Duration:00:33:56

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It Took 34 Years to Create This and It’s My Best Work Yet

9/6/2023
This is an episode like no other. It’s launch day for Mike’s new book and you can hear the excitement in his voice! Proclaiming with a smile that this book took 34 years to write, he remarks how odd it sounded hearing these words come out of his mouth in a recent interview: “This is my very best book.” Unprepared for the interviewer’s follow-up asking why he felt this way, Mike gave this unrehearsed, honest answer: “With no disrespect to Sales Management. Simplified. (because that’s the book that positioned me to do all of this work helping sales executives and front-line sales managers), the reality is I’ve basically worked nonstop for eight years and have had the opportunity to speak with, coach, and consult countless sales leaders on five continents. I learned a ton and with this new book I was able to distill my writing down to the bare essentials and include only what is absolutely necessary for sales management success. The First-Time Manager: Sales is my best book because all of this experience provided absolute proof of what works and what doesn’t when it comes to leading sales teams, creating healthy, high-performance cultures, and driving sales results.” While the publisher asked Mike to write The First-Time Manager: Sales for newer and first-time leaders as part of a series, the truth is that according to executives who have read it, this book is the perfect resource whether… you lead a sales team... you lead managers who lead sales teams... you're a senior executive over sales executives... you support sales leaders... you are an individual contributor salesperson considering or aspiring to a management role... Tune in for more of the backstory of why Mike wrote the book, why it’s his shortest and favorite book yet, and what you can expect reading/listening to it. Grab your printed, Kindle, or Audible copy HERE. For a sneak peek at what your sales leader colleague’s had to say after reading an advance copy, and for the contents, introduction and a sample chapter, click HERE.

Duration:00:27:47

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Check Your Ego. Don’t Play Hero. Prepare & Prioritize to Minimize Stress & Ensure Success

8/30/2023
Episode 58 kicks off an exciting series around the launch of Mike’s newest book! While the publisher asked Mike to write The First-Time Manager: Sales specifically for newer (and aspiring) managers, every. single. executive. who read an advance copy commented that it’s a must-read for experienced leaders too… Fresh perspectives and fresh stories from the field, along with simplified frameworks and uber-practical tips for everything from coaching, to addressing underperformance, connecting on a heart-level with your people, and even interviewing best practices. This new series features respected sales leaders whose best practices and wisdom were featured in the book. Mike will share more of the backstory along with an overview and why he agreed to write this particular book in the next episode, but in today’s show, he hosts sales leader extraordinaire Drew Ellis who highlights the need for the mental, physical, calendar, and (even) financial discipline required to win big as a sales leader. The wide-ranging conversation offers invaluable insights for both individuals transitioning into management roles and seasoned managers seeking to refresh and upgrade their effectiveness as a leader. Drew and Mike tackle critical topics including: Listen closely as Drew, in no uncertain terms, strongly reminds managers that there are no awards or bonus points for being a good corporate citizen and checking all the boxes if your sales team misses its number. And please allow his story of ending up in ER (solely from stress) and what a wise doctor told him to help you not only reconsider your priorities but also to refocus your energy on the precious few management activities that truly move the needle. Resources: Get a sneak peek at the reaction to Mike’s new book, the contents, introduction, and a sample chapter HERE. The Sales Management. Simplified. Video Coaching Series The October 3 Supercharge Your Sales Leadership full-day intensive at The Porsche Experience Center in Atlanta. Drew Ellis on LinkedIn Please don’t forget to rate the show, leave a review, and subscribe wherever you get your podcasts!

Duration:01:04:01

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The #1 Reason Your Sales Team Is Not Bringing In More New Business

8/23/2023
As promised, in Episode 57 Mike wraps up the series on the Common Sales Leadership Sins Damaging Culture and Diminishing Results with a giant exclamation mark! Tune-in for the #1 reason salespeople and sales teams are not bringing in more new business and Mike’s strong words of warning for sales leaders who “allow” sellers to lose sight of their primary job (and some executives who actually “encourage” it). __________________________________ Reminder: The next Supercharge Your Sales Leadership Event takes place October 3rd at The Porsche Experience Center adjacent to the Atlanta Airport. All previous eleven events have sold out. We are down to our last 6 tickets. Get more info and register at mikeweinberg.com/atlanta2023 to join Mike and 50 driven sales leaders for this powerful experience!

Duration:00:31:10

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Devastating Damage from Anti-Sales Cultures & Leaders with FOMO Always Searching for the Secret Sauce

8/7/2023
As we near the conclusion of this series covering common sales leadership sins, Mike tackles two biggies in Episode 56: Anti-Sales Cultures and Searching for the Secret Sauce. Years ago, Mike asked the CEO of the company with the healthiest sales culture he’d ever observed for his secret. This CEO replied, “Everything flows from culture” and went on to declare that their sales culture was, in fact, the company’s secret sauce. In this episode Mike reminds listeners that culture, particularly sales culture, can be an unstoppable force (either for good or for bad!). He describes what it was like working in two incredibly healthy, positive, pro-sales cultures, and he also shares horror stories from two of the worst anti-sales cultures he’s come across – one where he worked and one where he consulted. Buckle up as Mike reads the no-holds-barred letter he sent to an executive team calling out their disdain for the sales organization and the inappropriate ways they blamed salespeople when things went wrong and categorically denied them credit when things were good. Mike also tackles how too many sales leaders live with constant FOMO, fearful that they’re missing out on some new secret sauce, shortcut, or hack for driving more sales and offers a not-so-subtle reminder that he’s never seen a sales leader or sales team struggle or fail because they didn’t have the latest and greatest cool, new tool. Resources and Links Mentioned in Episode 56: Mike’s viral LinkedIn post about the release of his newest book Fall Sales Leadership Coaching Cohort info The New Sales. Simplified. Video Coaching Series (course) October 3 Supercharge Your Sales Leadership Event (only 8 seats remaining)

Duration:00:36:35

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Collaborators or Sales Killers? Why It’s Insanity to Expect Salespeople to Do All Things Well

7/12/2023
Continuing this series tackling common sales leadership sins, Mike challenges us to pull back the covers and take a hard look at ALL the things we are asking our salespeople to do. He also makes the strong case that it’s really hard to win big in sales management when you have the wrong people in the wrong roles. Beware: Mike does not hold back putting HR people and executives on the stand asking difficult questions about their flowery, feel-good job descriptions and what feels like an insatiable desire to put kind, gentle, collaborative team-players in sales roles… Even sales roles that require developing significant new business…Roles where just about every highly successful top producing seller exhibits these two characteristics: They Are Intensely Competitive They Are Not Conflict Averse (they don’t shy away from a fight) Take a listen as Mike debunks the myth of the highly relational, collaborative sales superstar, makes the case that SALES MANAGERS’ LIVES AND JOBS WILL BE MUCH EASIER WITH THE RIGHT PEOPLE ON THEIR TEAMS, and challenges us to consider whether we are overloading our salespeople with so many tasks and responsibilities that we are actually hindering their ability to sell and bring in the new business we need! Resources Mentioned in This Episode: Supercharge Your Sales Leadership Full-Day Intensive (mikeweinberg.com/events) Six-Month Sales Leadership Coaching Cohort (mikeweinberg.com/leadercohort) Episode 12: Ask Candidates These 7 Intriguing Questions to Upgrade Your Interviews

Duration:00:26:40

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It’s Really Hard to Out-Manage a Stupid Sales Compensation Plan

6/21/2023
In Episode 54 Mike continues the series on Common Sales Leadership Sins, and this time he touches the “third rail” — compensation! If you have complacent salespeople, Mike argues that the very first place to look is at the compensation plan... And he claims to be the very first person to discover and publicly declare that the words COMPensation and COMPlacency start with the same four letters! As the sales leader, you may be the very best at selecting and developing talent, arming, equipping, and enabling your team, coaching on sales skills and deals, and even at holding people accountable, BUT if your sales comp plan is incentivizing the wrong behaviors and is not driving the desired results, then you have a massive problem. Mike unpacks his three big pet peeves when it comes to comp plans: 1. Plans that are too flat (not enough difference between what top and bottom-performers “earn”) 2. “Commission Annuities” (commission in name only, commission that really isn’t variable, or paying people in perpetuity to service/renew accounts for deals that were sold years ago) 3. Not rewarding New Sales (paying the same rate/percentage in variable comp for renewing/servicing existing business as for the heavy lifting to develop true new business - major cross-sell/up-sell victories or acquiring net new customers) Resources mentioned in this episode: Mike’s Article: 4 Very Common Causes for Lack of New Opportunity Creation Supercharge Your Sales Leadership, October Event in Atlanta. Only 2 VIP and 21 full-day intensive spots remain available

Duration:00:28:05

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The Dangers and Damage from Desk Jockey “Leadership” and Not Coaching Salespeople

6/4/2023
In Episode 53 Mike resumes the series on Common Sales Leadership Sins by tackling two biggies: 1. Desk (and CRM/screen) Jockey Sales Management 2. Not coaching and mentoring salespeople Prepare to be challenged about your priorities as Mike asks you to open your calendars for a time (and gut) check on whether there is enough evidence to convict you of being a people-development-focused sales leader. Too many frontline sales leaders are cheating themselves of what should be one of the most satisfying and results-driving parts of their job — helping their people get better at doing their own jobs! Buckle up for a dose of blunt sales management truth that you cannot effectively lead a team staring at analytics, dashboards, or CRM screens. Salespeople win by connecting with other humans. What makes us think we can lead and develop them with our heads buried in data or via email? From the Heart: After concluding the episode Mike took a few minutes to share personally about two losses he just experienced with the passing of his step grandmother and a meaningful spiritual influence in his life, Tim Keller. Resources, Posts, Events mentioned in this episode: JUST ANNOUNCED: The next Supercharge Your Sales Leadership event: October 3rd, Atlanta. More info at mikeweinberg.com/events Mike’s article from the 2020 World Series: This MLB Manager Blew It Relying on Analytics Rather Than His Eyes Episode 13: Game Changing Lessons from My World-Class Golf Coach

Duration:00:37:56