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The Most Common SaaS Sales Potholes and How to Avoid Them with Mark Roberge (Podcast #498 and Video)

SaaStr

It’s 2021, but surprisingly, a significant number of SaaS companies still use outdated sales compensation plans. Salespeople are often compensated at the highest rate when they win brand new business, but that might not be good for revenue expansion and might contribute to churn.

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Are We Investing Enough in Our Managers?

Tom Tunguz

80%+ of startup operating expense flows to compensation. Research shows employees leave their jobs because of poor leadership and poor management. Seven people’s compensation might total an annual budget of $1.5M Education is important. Talent is the largest investment of an early stage company. 7 of 30 is 23%.

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12 Key Takeaways from ChurnZero’s BIG RYG Customer Success Conference

ChurnZero

From sessions on building variable compensation plans and Customer Success tech stacks to fostering customer advocacy and community, BIG RYG explored how today’s Customer Success leaders are tackling major industry challenges and advancing their Customer Success game. Variable compensation plans need to be achievable.

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The 4 Challenges Facing Customer Success Teams in SaaS Startups

Tom Tunguz

To summarize the zeitgeist, customer success leaders in the session and throughout the conference voiced four challenges/problem/questions they face today: education, justification, attribution, and team structure. Part and parcel of the education process is justification. Gainsight Pulse Presentation by Tom Tunguz.

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Hiring New Salespeople (While Keeping Up With Business as Usual)

Sales Hacker

Is compensation too low? Is it a lack of leadership? Compensate all sales positions in the same way. Rework your compensation structure. All sales positions are not created equal — nor should they be compensated the same way. Examine what factors are causing open territories in the first place.

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How Customer Success can get a bigger piece of the budget pie with Jeff Heckler

ChurnZero

According to our 2022 Customer Success Leadership Study, CS teams are already underfunded and under-resourced. My job is to help, to educate, and to level up everyone across my org: new hires, folks right out of university, interns, individuals who haven’t had exposure to Customer Success, and my C-suite.

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The Importance of Trust: 3 Steps to Build a Culture of Trust-Based Selling in Your Team

Sales Hacker

You do this by securing leadership/management buy-in to your long-term objective. Now that you have leadership buy-in, the next thing to do is to design how it should operate so you can remove the bits that stand in the way. Compensation. The first hurdle in making this transition is achieving leadership buy-in.