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What An MBA Didn’t Teach You About Sales

The sales profession is challenging. You need to work hard at it to succeed. You need to learn from the best. You need to improve your skills continuously. If you think you can sell since you are a hit at parties and have a lot of friends, you may soon find that you are a failure as a salesperson. Blunt truth:

because the sales profession is so hard, you have to focus on doing everything in sales very well, or you will be considered a failure.

I call this blog, Skinned Knees because I try to relate all of the learning that I have done over the past 4+ decades (while skinning my knees in the learning process).

I hope that you learn from my mistakes so that your business will grow!

The Art of Motivation: Designing Sales Compensation Plans That Drive Results

Designing an effective sales compensation plan is critical to any successful sales organization. A well-crafted plan motivates your sales team, drives revenue growth, and aligns the interests of both the company and the sales representatives. 

It’s essential to understand the impact of compensation on salespeople. Sales reps are highly motivated by money, and their income is directly tied to their performance. Incentives such as bonuses, commissions, and accelerators can all play a key role in driving sales performance. However, these incentives can have unintended consequences if not implemented correctly.

This blog post will explore various aspects of creating a successful sales compensation plan, including setting quotas, selecting base and variable pay, using accelerators, and employing rewards and contests. We’ll also discuss strategies for designing effective compensation plans for different types of sales roles and tips for continuously improving your compensation plan.

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March Madness Teaches Us Great Coaching Techniques

March Madness teaches us great coaching techniques Posts Subscribe March Madness teaches us great coaching techniques Published: Tue, 03/14/23 I hope that you enjoy my latest newsletter View the online version of this email. It is time for March Madness! I hope that your favorite team wins. In addition to doing a bracket pick, you may want to consider supporting a charity. Two of my adult children do a squares-based (i.e., total luck – no… March Madness Teaches Us Great Coaching Techniques

Two Tall Guys Talking Sales Podcast – The Role of a Salesperson in Their 1:1 Meetings With a Manager – Episode 19

In “The Role of a Salesperson in Their 1:1 Meetings With a Manager” podcast, the hosts, Sean and Kevin, dive into a salesperson’s crucial role in their one-on-one meetings with their manager. They discuss the importance of preparation and setting goals and objectives for the meeting while emphasizing the need to avoid micro-management. The podcast highlights the significance of tracking progress and updating managers on results and offers valuable tips on how to stay motivated… Two Tall Guys Talking Sales Podcast – The Role of a Salesperson in Their 1:1 Meetings With a Manager – Episode 19

Do You Have A Great Sales Plan?

Are you experiencing any of the following common sales issues? Inability to take sales “to the next level” Difficulty finding the “right” salesperson for your company Not sure where to start – “I don’t know what I don’t know” Lack of a formal sales process Stalled out proposals Not being able to effectively articulate the value proposition, solution or service Great companies deserve a great plan You have developed incredible offerings. You have solid leadership… Do You Have A Great Sales Plan?

Fifteen New Outsourced Sales VPs Join Sales Xceleration as the Need for Fractional Sales Leaders Sees A Big Increase

INDIANAPOLIS, IN – October 20, 2020 – Sales Xceleration Consultants continue to see demand for their fractional sales leadership skills to drive revenue growth for small to mid-sized businesses. We have continued to experience growth throughout North America and beyond as the value is recognized in communities where Sales Xceleration Consultants are located. The combination of our proven tools and platform, along with our Advisors’ extensive sales leadership skills, appeals to business owners from a… Fifteen New Outsourced Sales VPs Join Sales Xceleration as the Need for Fractional Sales Leaders Sees A Big Increase