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Hey everyone.

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Welcome to the Scientist Scaling Podcast.

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I'm your host, Mark Roberge.

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I am so excited for my guest
today, Mike Weir, CRO of G2.

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Mike's had a phenomenal career,
both in marketing and sales.

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It is rare.

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To find a CRO who has actually spent
a decade in marketing and then years

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carrying a quota and running a sales team.

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And so who better to dive into the
concepts of sales and marketing alignment

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than a gentleman who's sat on both sides.

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In a phenomenal culture, we're going
to talk about the philosophies of that.

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And as always in these
episodes, get very tactical.

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How do we embed these principles right on
the front line, right into the head of the

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BDR, the head of the demand gen marketer,
the head of the account executive.

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I'm excited.

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So with that, let's get right into it.

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Man, what a resume, Mike!

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Dartmouth and working in the government,
then marketer turned salesperson,

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leading LinkedIn, now CRO at G2!

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Honestly, the biggest jump on that
list for me Is marketer to salesperson?

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How do you get there?

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Yeah, so ton of stuff
I learned through that.

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And one of them was, man, I wish
that I actually had some control over

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customer relationships and helping
shape that day to day conversation,

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which gave me the itch to say, all
right, marketing's been amazing.

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I would love to be a CMO someday.

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I should probably go sell for a while.

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I should feel the pressure
of carrying that quote.

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I should see how things connect day
to day from, you know, the marketing

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that I'm doing to actual customer
relationships that grow over time.

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And that was, uh, it was quite
the transition because You think

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you know what sales does until
you're actually in the seat.

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And then I realized why they were
annoyed with me at times when I was a

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marketer and you know, sending leads
over the fence that were amazing and

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gold and why aren't you calling them?

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Uh, to being like in role and
saying like, holy cow, marketing's

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throwing too many leads at us.

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I don't have the time and bandwidth
for us to follow up on all these.

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Plus, actually, some of
them are kind of crappy.

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So let's, uh, let's have
a conversation about it.

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And then, you know, my time
at LinkedIn was phenomenal.

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Um, learned so much over eight years
about how to be a really great sales

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leader, how to be a great leader
overall, um, that, you know, created

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the opportunity for me to join G2.

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Hey, everyone.

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It's just Mark here.

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I stopped the recording for a second.

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The point Mike just made there, it's
rare to see a marketer who's sold before.

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That's rare.

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You don't see that a lot.

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A lot of folks, for whatever
reason, yeah, they like to go out

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and like maybe do a ride along.

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They like, sit on the floor for
a bit, a day, a week, whatever.

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Wow!

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Mike went and carried a bag!

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Carried a quota for years and built
a team and you know, I wish more

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of us would do that on both sides.

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I mean, notice some of the things that
he highlighted in terms of like, I

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finally understood that we were throwing
a lot of bogus leads over to sales.

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He is such a better CRO because of that.

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And I want to also highlight that,
you know, as we progress forward

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and talk about, you know, one of
the biggest impacts he's had is

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on sales and market alignment.

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And of course.

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If you, as a CEO, as a founder,
you're looking across and like, we

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need to align these organizations.

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Who better to hire than
someone who sat on both sides?

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All right, let's get back to Mike.

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So you know, you've been in this seat
for almost three years now at G2.

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Looking back, what is the most
impactful kind of execution

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piece that you're most proud of?

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Yeah, I think at the end of the day,
the thing I'm truly most proud of is

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the sales and marketing alignment that
we've created in our go to market motion.

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We plan, we execute, we track,
and we optimize together.

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At the start of it, you know,
coming into G2, I was just

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astounded at the opportunity.

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In the 2020 time frame when I joined,
you know, we had AEs that were sourcing

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north of 60% Of their pipeline, like
they literally were, you know, one people

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shows and that is definitely not great.

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That leads to like, I'm gonna have
to have a fleet of a thousand AEs

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out there calling customers nonstop
and spraying and praying, hoping.

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And you know, we had 20 percent and
20 percent for BDR and marketing

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contribution roughly at the time.

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Today, walking into this year,
we're now looking at a world where.

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The marketing and BDR partnership
is going to source over 65

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percent of our AE pipeline.

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And so we've, in a couple of years,
we've flipped the whole script on where

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pipeline where opportunity and how
deeply qualify those opportunities are.

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From an AE centric model to AEs being
like empowered to really do what they do

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well, like represent G2, show the value,
help people understand what the best

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starting point in the relationship as a
customer with us is getting a ton of the

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demand coming from marketing and sales.

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And so that's, that's been huge.

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And likewise, our customers
are happier, right?

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They're actually getting
their needs met faster.

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We're going from a world where.

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We had a week lag time to get back
to MQLs to now in most instances

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for highly qualified MQLs.

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It's within the same business day that
we're getting back to you, you know, we're

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at under 10 minutes on average to engage
with somebody in chat today, and we're

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on our way to being sub three minutes
very soon and trying to get as real time

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and using automation as possible because
we're seeing our conversion rates to you.

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A meeting to an opportunity skyrocketing
based on how quickly and effectively we're

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engaging with folks showing interest.

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That's

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a

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amazing story.

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We have to unpack that.

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Let's frame the opportunity first.

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I thought it was interesting that you
walked in and you're like, okay, 60

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percent of our pipeline and our deals are
self sourced by the AE, 20 percent by the

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BDRs, 20 percent generated by marketing.

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How did you know there
was, that was not right?

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Is there, is there just a particular
percentage you're targeting?

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Does it depend on context?

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Can you talk about that?

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Yeah.

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To me, the foundational part was
rooted in the economics of the

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business and helping our talent
do what they are intended to do.

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Okay.

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And on both of those measures, 60 plus
percent felt way off because the economics

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of it said, Hey, the, the highest price
resource in this group is going to be the

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only way that I continue to help expand.

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Our customer base over time.

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And so just the pure economics of like,
geez, I look at how much budget we have

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planned for the next couple of years.

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Like all I'm going to be doing,
we're not going to be able

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to invest in product enough.

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We're not going to be able to
invest in our brand enough.

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We're not going to be able
to invest in our customers.

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Enough if all I can do with any new
incremental dollar is just hire more AEs.

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So the economics became very obvious
of like, I need to help them be

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more efficient and be focused.

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Because at the same time, AEs, you
know, you're going to burn out if

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you're just non stop pounding the
phones trying to find somebody that's

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willing to have a conversation.

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Wants to get a demo and then eventually
becomes pipeline that you then

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try to get to closing to hit your
targets and, you know, be happy.

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Um, so it's like, how do I help
them get farther into that process?

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How do I help them be more efficient and
really focus on what they want to do,

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which is, I want to really engage with
prospective customers to show them the

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value of G2, to answer their questions,
to position what they can invest in

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and the type of return they can get.

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What he just said there, I just want
to like abstract that out because

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I find that to be so critical.

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He's talking about measuring the
efficiency of these different

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channels in this case, right?

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He's talking about.

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He's talking about AESourceDemand, he's
talking about BDRSourceDemand, and he's

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talking about MarketingSourceDemand.

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And in most cases, we see the
MarketingSourceDemand most efficient.

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Uh, he didn't talk about that
here, I'm not sure if he can, but

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I would guess that's what he has.

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However, it's, uh, It's the most
difficult to scale potentially.

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Like we can conceptualize doubling
the size of the SDR team and hopefully

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maintain their appointment volume.

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It's much harder to double the size
of the marketing budget and double the

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number of leads of the same quality.

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It's almost next to impossible.

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But, to capstone his point here is, it's
so important for us to take a stab at

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measuring the unit economics, let's just
say payback period, by each channel.

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What is the unit economics of AE
sourced pipeline, of marketing sourced

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pipeline, of SDR sourced pipeline?

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And, as we look ahead to a quarter
or a year in planning and investment.

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We can pretty accurately project
how those dollars are going to yield

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revenue based on that analysis, right?

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Let's get back to Mike.

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So economics definitely weren't
going to work and then talent wise

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they were also getting frustrated.

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They were getting, you know,
annoyed with having to do stuff.

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They're like, hey, I've been
doing this for Years now, I

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want to, I want to go deeper.

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I want to build more relationships.

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I want to learn new things.

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But if you're sourcing that much pipeline,
you don't have time to do those other

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more strategic things that you could be.

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And so I think both of those
things played into the decision

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that it was like, very obvious.

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We have to evolve how we go
to market and we need help.

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Let's talk about the

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economics though, Mike, just to
challenge the point for a second.

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Cause you were doing, I don't
know, maybe you weren't doing fine.

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It's just kind of like, here's
a salesperson, 60 percent of the

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opportunities they source, 40 percent
comes from BDRs and marketers.

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Did the math just not work?

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Cause I, I can just double
that team and double that math.

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And.

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Yeah, so if you think about it
from, from a, a, a private company,

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when we're talking with our board,
they're saying, they're always

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saying, how could you go faster?

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How could you grow more?

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So even when it's successful, it's like,
Oh, geez, there's so much opportunity.

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If you were more efficient, you
could get 20 percent more than the

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great stuff you're already doing.

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But eventually the dollars
run out because you just keep

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going more and more into debt.

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You get into, you.

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Deeper negative cash flow and you know,
you got to keep your ratios balance.

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And so that's where we looked at it and
said, okay, let me let me understand

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one talent aside where we know this is
the right thing to help keep amazing

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people and recruit amazing people.

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If I can look at this and say, I actually
can get, you know, four and a half

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dollars back per dollar I invest in
revenue marketing, whereas I'm getting

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two and a half dollars back per every
dollar I invest in incremental AE that is

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sourcing all of their pipeline themselves.

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Then I can start changing the equation
and say, Hey, actually, I can go from a

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world where my AEs are closing 20 deals
a year, I can actually get them to 30,

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35, 40 deals a year, because they're
not sourcing all their pipeline, and

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I can basically spend the same amount
And deliver a better business outcome.

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And at that point, when I started
looking at the blended average, I

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was like, Alright, I'm, I'm now not
getting two and a half dollar return.

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At a blended average, I'm
getting, you know, more like a

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three and a half dollar return.

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That even bolsters the case
more to part of your point.

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To go to the board and say,
Hey, I've increased the

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efficiency of my dollar return.

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I just need a couple more
dollars and we can go faster.

00:12:34.300 --> 00:12:36.849
Because we have so much white space.

00:12:40.819 --> 00:12:44.700
Talking Too Loud, hosted by Chris
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00:13:23.520 --> 00:13:26.189
Okay, so let's talk tactics now.

00:13:26.780 --> 00:13:29.989
So looking back, what's
Mike's tactical playbook

00:13:29.999 --> 00:13:31.140
of how you made this happen?

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Yeah.

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Yeah.

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In some of the conversations that,
that we've had before, I think

00:13:35.400 --> 00:13:37.099
you got to start at the basics.

00:13:38.180 --> 00:13:39.700
It's like literally who
you're trying to sell to.

00:13:41.100 --> 00:13:43.720
And the common definition
there is like, what's the ICP?

00:13:44.530 --> 00:13:46.370
Who is your ideal customer profile?

00:13:47.464 --> 00:13:50.795
And that is the starting
point for us, right?

00:13:50.795 --> 00:13:54.344
If you're thinking about what's
good, what's bad in an ICP.

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Bad is for us to, you know, say
like, Hey, software companies

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and marketing, that's our ICP.

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Uh, I think everybody's going to get
to different assumptions when they

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get to execution about, Okay, great.

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We have over 95, 000 companies
that fall into software.

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Where do we start marketing's really
big, especially as you get an enterprise.

00:14:19.765 --> 00:14:23.474
So it's much better is where we
evolved to saying, Hey, what are the

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specific categories within software
that we are prioritizing first?

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Through, you know, based on our
taxonomy, we have over 2100 categories.

00:14:33.845 --> 00:14:34.415
We track.

00:14:34.695 --> 00:14:40.135
So like what's category one
through category 2100 in where we

00:14:40.135 --> 00:14:43.914
should focus our time and energy
because we can create great value.

00:14:44.535 --> 00:14:49.895
Now let's unpack it and understand at
a package level of what we can sell.

00:14:50.564 --> 00:14:52.615
And what we can support customers with.

00:14:53.305 --> 00:14:57.785
Now let's connect the dots, not from
like marketing to saying, okay, for

00:14:57.785 --> 00:15:03.014
essential, which is about building your
presence on G2, generating your review

00:15:03.014 --> 00:15:05.944
base, creating social proof for yourself.

00:15:05.944 --> 00:15:07.615
Like that's the customer marketing.

00:15:07.829 --> 00:15:11.209
That's product marketing, who
really cares a ton about that.

00:15:11.569 --> 00:15:14.840
And so we took it a layer deeper
and said, it's not just marketing.

00:15:15.739 --> 00:15:17.249
It's for essential.

00:15:17.510 --> 00:15:21.849
We need to really hone our story
and show value for customer

00:15:21.849 --> 00:15:23.469
marketers and product marketers.

00:15:24.520 --> 00:15:27.505
For buyer intent, It's
demand gen marketers.

00:15:28.425 --> 00:15:29.675
It's media buyers.

00:15:29.865 --> 00:15:34.195
It's the folks that are activating
campaigns to generate, you know,

00:15:34.195 --> 00:15:37.035
leads and signals for their business.

00:15:38.135 --> 00:15:43.125
I kind of feel like where this issue
comes from is it actually starts with

00:15:43.125 --> 00:15:47.345
the sentiment of the investors, which
translates to the sentiment of the

00:15:47.345 --> 00:15:52.895
founders, because a lot of us listening
are part of venture backed companies.

00:15:53.575 --> 00:15:58.915
We are trying to pursue venture oriented
returns, billion dollar companies.

00:15:59.535 --> 00:16:02.805
We have to prove to folks that
we have a billion dollar market.

00:16:03.835 --> 00:16:08.024
But that doesn't mean that we have to
prove that this quarter or this year.

00:16:09.154 --> 00:16:13.454
Too many of our companies
are trying to blow the ocean.

00:16:14.125 --> 00:16:18.944
And really what we want to think
about is not how do we make this

00:16:18.944 --> 00:16:21.465
year's number by selling to everybody.

00:16:21.900 --> 00:16:27.730
But instead, what is the easiest path
to get from 10 million to 20 or 20 to

00:16:27.730 --> 00:16:32.880
40 this year based on the market and
the value props that we've come up with?

00:16:33.600 --> 00:16:38.660
I think Mike's done a just a phenomenal
job of showing us and paving the way on

00:16:38.660 --> 00:16:41.670
how we can be more specific at de risking.

00:16:42.165 --> 00:16:44.005
The ICP here I let's get back

00:16:44.005 --> 00:16:44.495
and hear more from

00:16:44.495 --> 00:16:44.715
Mike

00:16:46.035 --> 00:16:52.475
so getting to that you know deeper level
of planning helped us align and make

00:16:52.475 --> 00:16:55.945
sure that our tactical plans when it
came to your marketing who you gonna

00:16:55.945 --> 00:17:01.765
target with what messages when that we
have the alignment versus just like a.

00:17:02.194 --> 00:17:04.815
Hey, target software companies
and anybody in marketing is fine.

00:17:05.065 --> 00:17:06.125
How'd you do that?

00:17:06.125 --> 00:17:06.925
I mean, if we're sitting

00:17:06.925 --> 00:17:09.605
here on listening and it's
like, okay, yeah, I get it.

00:17:09.645 --> 00:17:16.274
Like we're probably a little too broad
and saying that we sell to HR in us based,

00:17:16.345 --> 00:17:18.004
you know, finance companies, whatever.

00:17:18.144 --> 00:17:20.135
We should get a little more specific.

00:17:20.605 --> 00:17:21.655
How'd y'all make that decision?

00:17:21.655 --> 00:17:24.974
Was it just like, hey, product, go
in a room and tell us the answer?

00:17:25.214 --> 00:17:25.954
Not too far.

00:17:25.964 --> 00:17:26.245
Okay.

00:17:26.635 --> 00:17:27.915
Actually, not too far from that.

00:17:28.165 --> 00:17:30.685
But like, it's got to be deeper than that.

00:17:30.715 --> 00:17:36.805
So can you speak to how, once we make this
decision, how do you architect it and hold

00:17:36.805 --> 00:17:41.275
the frontline accountable to reinforce

00:17:41.275 --> 00:17:42.135
the strategy there?

00:17:42.485 --> 00:17:42.845
Yeah.

00:17:43.115 --> 00:17:48.155
One of the things is just continuing
the discussion based on What's the

00:17:48.155 --> 00:17:52.255
closed one and closed loss data that
you have when you look at and when

00:17:52.255 --> 00:17:56.724
you talk to the individuals that help
close those opportunities, you know,

00:17:56.795 --> 00:18:00.684
we're starting to see like, oh, wow,
like this is a whole different title.

00:18:01.245 --> 00:18:01.395
Right?

00:18:01.415 --> 00:18:04.995
Like, you know, hypothetically, it's like,
oh man, the social media team is getting

00:18:04.995 --> 00:18:09.325
really involved all of a sudden with the
G2 stuff is showing a lot more interest.

00:18:09.335 --> 00:18:13.804
They, they want to be a part
of building their brand on G2.

00:18:13.814 --> 00:18:17.764
So they're now starting to show up a
ton in buying the essential package,

00:18:18.054 --> 00:18:21.654
in managing profile, in managing
the activation of some of that data.

00:18:21.654 --> 00:18:26.645
It's like, so really having that ongoing
conversation about what are you winning?

00:18:26.695 --> 00:18:28.045
What are you losing and why?

00:18:28.045 --> 00:18:28.075
Okay.

00:18:28.520 --> 00:18:32.870
Gets us insights of how is the
persona evolving, but it also gives

00:18:32.900 --> 00:18:38.340
my team great coaching feedback where
we're seeing, Oh, we, we closed,

00:18:38.360 --> 00:18:40.980
lost a buyer intent opportunity.

00:18:41.370 --> 00:18:43.640
Then you dig into it and
you're like, wait, you were

00:18:43.640 --> 00:18:45.690
talking to a customer marketer.

00:18:46.419 --> 00:18:50.879
Like why does the customer
marketer care about buyer intent?

00:18:51.970 --> 00:18:53.760
Are they actually running media campaigns?

00:18:54.130 --> 00:18:57.640
Are they running any outreach
programs, like email, other things?

00:18:58.120 --> 00:19:01.330
It's like, oh, no, they're, they're more
about, you know, presence, competitive

00:19:01.330 --> 00:19:02.800
intelligence, things of that nature.

00:19:02.800 --> 00:19:05.769
It's like, well, then buyer intent's
really not the right fit for them.

00:19:05.990 --> 00:19:11.070
Like, we should be talking about their
presence on G2, their review base on G2.

00:19:11.489 --> 00:19:15.139
And so, some of this becomes coaching
where it's like, hey, you, you

00:19:15.139 --> 00:19:19.339
actually weren't talking to the right
persona for that specific package.

00:19:19.770 --> 00:19:23.659
And we go back, find the right
contacts, have the right conversations.

00:19:24.255 --> 00:19:28.965
In many instances, it can revive a lost
deal because we just weren't talking

00:19:28.965 --> 00:19:32.884
to the right people and in some cases
it helps us just keep evolving our

00:19:32.884 --> 00:19:36.685
definition of who we should be caring
about and the type of messaging and

00:19:36.685 --> 00:19:38.064
value we need to be showing to them.

00:19:38.584 --> 00:19:41.884
You're operating on a level
that we don't see that often.

00:19:41.885 --> 00:19:45.290
I'm sure there's a lot of listeners
who's like, Dude, I barely

00:19:45.290 --> 00:19:47.430
have accurate close loss data.

00:19:47.960 --> 00:19:52.480
Like, nevermind the fact that like,
why the loss occurred, you know?

00:19:52.480 --> 00:19:55.370
Cause salespeople, if you know,
I see a lot of people have the

00:19:55.370 --> 00:19:57.229
salesperson put the close loss reason.

00:19:57.850 --> 00:20:01.899
And the salesperson is never going to
put, because I messed up the sale, they're

00:20:01.899 --> 00:20:07.010
going to put like, because of budget or
our product sucks or like, you know, and

00:20:07.010 --> 00:20:13.179
you're up in a level of like, you knew
that the social media, like director is

00:20:13.179 --> 00:20:15.309
showing up more in the buying process.

00:20:15.340 --> 00:20:21.170
You knew that on this close loss, this
was a buyer intent purchase, and yet

00:20:21.170 --> 00:20:23.230
they sold to the right, wrong person.

00:20:23.300 --> 00:20:26.679
Yeah.

00:20:26.760 --> 00:20:29.330
And I think that's where it's
important to kind of connect the

00:20:29.330 --> 00:20:33.639
reality of things like we're not doing
this on every single opportunity.

00:20:34.009 --> 00:20:38.349
And I, I do a planning rhythm with my
leadership team that also becomes really

00:20:38.349 --> 00:20:41.480
helpful for me to understand what's,
what's going on in the business day to

00:20:41.480 --> 00:20:47.079
day is each segment presents every six
months on what is our leadership plan.

00:20:47.319 --> 00:20:50.529
You know, they're doing a
combination of look back and

00:20:50.559 --> 00:20:51.969
strategic plan for the future.

00:20:52.235 --> 00:20:53.345
So what have I learned?

00:20:53.345 --> 00:20:54.375
What was working?

00:20:54.385 --> 00:20:55.645
What wasn't working?

00:20:55.655 --> 00:20:59.985
What do we need to do differently going
forward to create a different outcome?

00:21:00.575 --> 00:21:05.115
Whether it's, you know, to be able to hit
our ARR target, to be able to improve our

00:21:05.354 --> 00:21:07.754
net retention or gross retention level.

00:21:08.425 --> 00:21:10.614
And they're looking at other
things like, hey, how do I create

00:21:10.614 --> 00:21:12.119
more multi product customers?

00:21:13.030 --> 00:21:18.290
Those conversations, like setting up
actual planning conversations that

00:21:18.310 --> 00:21:22.810
connect to these moments where they're
like, we've been hearing from the team

00:21:23.139 --> 00:21:28.479
as we're doing our deal conversations
with them, as we're reviewing the close

00:21:28.490 --> 00:21:30.020
loss notes that are coming through.

00:21:30.469 --> 00:21:35.330
We've uncovered these five key insights
and we're going to share them, right?

00:21:35.330 --> 00:21:39.009
Share them with leadership, but we
also open those leadership plans

00:21:39.009 --> 00:21:41.949
up to all cross functional teams.

00:21:42.750 --> 00:21:44.710
This isn't a RevOrg secret.

00:21:44.749 --> 00:21:48.509
This isn't a just the SMB team
is sharing what's going well

00:21:48.510 --> 00:21:50.149
and what's going wrong in SMB.

00:21:50.525 --> 00:21:55.305
It used to stress me out so much as
CRO to like, I just couldn't understand

00:21:55.305 --> 00:21:57.165
what was happening on that front line.

00:21:57.165 --> 00:21:59.015
And Mike, you've given us a great example.

00:21:59.145 --> 00:22:02.234
A lot of sales directors I know,
I'm picturing someone who's like

00:22:02.235 --> 00:22:05.464
running four to six managers and each
manager has like a six to eight rep,

00:22:05.464 --> 00:22:06.705
something like that, an org like that.

00:22:07.520 --> 00:22:10.840
They're just like running the
army, you know what I mean?

00:22:10.840 --> 00:22:13.419
They're just like, someone else
told me what the playbook is.

00:22:13.810 --> 00:22:16.090
Someone told me what the
objection handling thing is.

00:22:16.380 --> 00:22:20.250
I'm really good at getting my
managers to hire and enable and

00:22:20.250 --> 00:22:21.949
coach and motivate their reps.

00:22:21.949 --> 00:22:22.840
That's what I'm good at.

00:22:23.320 --> 00:22:28.090
And I struggle as a sales director
with more of the strategic things.

00:22:28.130 --> 00:22:31.550
What you're asking them
to do is highly strategic.

00:22:31.850 --> 00:22:33.139
Was that a big part of your selection

00:22:33.139 --> 00:22:34.250
process for these leaders?

00:22:34.500 --> 00:22:39.569
Yeah, but at the core of it, I do
expect and try my best to help coach

00:22:39.569 --> 00:22:45.100
the team towards being a GM like
strategic thinker that is not just

00:22:45.100 --> 00:22:49.450
focused on, you know, what is my
amount of new logo revenue going to be?

00:22:49.459 --> 00:22:51.960
What's my amount of customer
revenue going to be?

00:22:52.120 --> 00:22:54.720
But it's what is the, what
is the overall experience?

00:22:54.730 --> 00:22:56.310
What does my overall go
to market need to be?

00:22:56.709 --> 00:22:58.169
What role is marketing into play?

00:22:58.280 --> 00:23:00.189
What role is business
development going to play?

00:23:00.530 --> 00:23:04.440
How are partnerships going to
factor into this and support them

00:23:04.440 --> 00:23:08.080
and create forums for them to share
their thinking to get feedback like

00:23:08.090 --> 00:23:11.750
all the way up to our CEO sits in on
every one of these leadership plans.

00:23:12.175 --> 00:23:16.005
And gives open feedback, gives
ideas, jumps in the show,

00:23:16.285 --> 00:23:17.355
like, Hey, I'll support this.

00:23:17.355 --> 00:23:18.275
Like, let me help here.

00:23:18.645 --> 00:23:21.824
I think that's just a very
confidence building motion.

00:23:22.254 --> 00:23:25.585
And honestly, people will
surprise you when you give them

00:23:25.595 --> 00:23:28.344
the opportunity to think bigger.

00:23:29.695 --> 00:23:30.504
Just Mark here.

00:23:30.585 --> 00:23:31.764
I stopped the recording from Mike.

00:23:32.050 --> 00:23:37.939
I'm loving how much he's investing in
his people, his sales directors, not

00:23:37.950 --> 00:23:42.620
specifically in the domain of sales, but
specifically in the domain of leadership.

00:23:43.269 --> 00:23:46.570
It's not about like, how do
you run a better forecast?

00:23:46.570 --> 00:23:49.620
And how do you coach someone
to handle a budget objection?

00:23:49.850 --> 00:23:52.899
This is about how to think
as a general manager.

00:23:53.300 --> 00:23:54.640
We don't do that enough.

00:23:54.650 --> 00:23:57.510
I don't see that amongst the mid level.

00:23:58.150 --> 00:24:03.370
Sales leadership across organizations
and Mike's really making me think here

00:24:03.370 --> 00:24:08.630
that that's probably contributing to the
bifurcation of cultures that we often

00:24:08.630 --> 00:24:14.350
see Mike's getting these people to think
like GM's like many CEOs to appreciate

00:24:14.379 --> 00:24:16.439
all the other aspects of a business.

00:24:16.720 --> 00:24:20.980
To think less about being a sales
leader and more about being a company

00:24:20.990 --> 00:24:23.129
executive, an executive at our company.

00:24:23.610 --> 00:24:28.260
And so maybe we can really reflect on
our own development of our people and

00:24:28.260 --> 00:24:30.050
our own selection of outside leaders.

00:24:30.649 --> 00:24:35.399
And how much of that is a broader
appreciation of how they fit into

00:24:35.399 --> 00:24:39.110
the entire ecosystem and thinking
from the company perspective.

00:24:39.940 --> 00:24:41.960
All right, let's, let's hear
more from Mike on that topic.

00:24:43.350 --> 00:24:46.380
The amount of new ideas that's
come from the leadership team.

00:24:46.830 --> 00:24:50.680
It is astounding just merely because
they, you know, I stopped asking

00:24:50.680 --> 00:24:56.139
them to be tactical pipeline managers
and to really think about how to

00:24:56.139 --> 00:24:58.760
get their business where it needs to
be in the next two to three years.

00:24:58.929 --> 00:25:00.689
How did you train them
and able to do that?

00:25:00.839 --> 00:25:03.089
I want my sales directors
to think that way.

00:25:03.089 --> 00:25:04.069
How did, how did you do that?

00:25:04.570 --> 00:25:05.749
Putting budget behind it.

00:25:06.370 --> 00:25:11.159
I think that was the other part is,
you know, we've invested in external

00:25:11.329 --> 00:25:13.560
educational opportunities, right?

00:25:13.560 --> 00:25:17.179
So whether it's, you know, the two or
three day workshop type thing that.

00:25:17.570 --> 00:25:22.719
Yeah, you can get a local NBA
program all the way to like our peak

00:25:22.719 --> 00:25:24.709
performers within our leadership team.

00:25:25.519 --> 00:25:30.370
I prioritize an investment in pavilion
to give them seats for 24 seven

00:25:30.370 --> 00:25:35.709
access to a great community of revenue
organization leaders, like learn from

00:25:35.709 --> 00:25:39.669
others, learn from other ideas, bring
new ideas back to us to keep us sharp.

00:25:40.419 --> 00:25:44.365
Um, and so me being a part of their
development, me, Getting them introduced

00:25:44.365 --> 00:25:48.295
to other people and then formally
getting them access to external

00:25:48.305 --> 00:25:53.225
curriculum and peers to learn from
has really, from my vantage point,

00:25:53.235 --> 00:25:57.095
helped everybody reach their full
potential that little leadership

00:25:57.245 --> 00:25:58.704
feels like it's so critical.

00:25:59.004 --> 00:26:02.624
To pull in off the sales and marketing
and even product alignment culture.

00:26:02.824 --> 00:26:05.905
Let's dive into some really
common sales and marketing

00:26:06.155 --> 00:26:08.345
potholes and how you've overcome.

00:26:08.345 --> 00:26:09.754
If you've seen them,
Mike, I'm sure you have.

00:26:10.225 --> 00:26:11.844
So the first one is we missed the quarter.

00:26:12.504 --> 00:26:12.775
Yeah.

00:26:12.875 --> 00:26:16.584
But like, okay, you show up to one of
these reviews and your segment sales

00:26:16.594 --> 00:26:19.264
leader says, here's why I'm missing.

00:26:19.465 --> 00:26:19.894
Yes.

00:26:19.914 --> 00:26:22.754
Marketing is hitting their MQL
goals, but the quality of these

00:26:22.754 --> 00:26:24.884
MQLs has fallen off the cliff.

00:26:25.145 --> 00:26:25.435
Yeah.

00:26:25.485 --> 00:26:27.395
And the marketing person is
sitting there being like.

00:26:28.120 --> 00:26:30.560
They're not look at the
last three sales hires.

00:26:30.560 --> 00:26:32.080
This person made they're terrible.

00:26:33.510 --> 00:26:39.280
The finger pointing is something that
we typically Mitigate very quickly

00:26:39.920 --> 00:26:43.159
And this is just part of like our
our philosophy and training that we

00:26:43.159 --> 00:26:46.409
get across our leadership team around
being conscious leaders It's like hey,

00:26:46.410 --> 00:26:50.305
just assume people are coming to you
with the intent of a positive outcome.

00:26:51.115 --> 00:26:56.205
You may hear very authentic,
tough feedback, but as a conscious

00:26:56.205 --> 00:26:59.455
leader, you got to think about what
of this am I willing to accept?

00:26:59.715 --> 00:27:01.975
And what about this could be true?

00:27:02.625 --> 00:27:05.224
But mainly it's not finger
pointing in the moment.

00:27:05.495 --> 00:27:10.418
It's that like just erosion that
happens by withholding, right?

00:27:10.418 --> 00:27:14.855
If, if marketing's and marketing
silo saying it's all sales is fault.

00:27:15.254 --> 00:27:16.385
They're blaming us.

00:27:16.455 --> 00:27:17.155
This is B.

00:27:17.155 --> 00:27:17.725
S.

00:27:18.445 --> 00:27:22.245
If that's where it lives and we
don't know that's going on, then

00:27:22.245 --> 00:27:23.855
that's the toxicity that comes up.

00:27:24.225 --> 00:27:28.015
That's the stuff I, I believe culturally
and from a leadership perspective, we are,

00:27:28.265 --> 00:27:31.304
we have successfully knocked down that
wall and it's like, great, we're gonna

00:27:31.305 --> 00:27:35.770
have a conversation like you're gonna come
to us and say, You guys are not following

00:27:35.770 --> 00:27:37.940
up on the amazing leads we're providing.

00:27:38.110 --> 00:27:39.010
What's going on?

00:27:39.610 --> 00:27:41.540
That's really the important first step.

00:27:42.330 --> 00:27:46.960
Then we get into a place of constructive
debate, which is like, yeah, you may

00:27:46.970 --> 00:27:48.789
think that, but have you actually called?

00:27:49.050 --> 00:27:50.249
Have you listened to any of the calls?

00:27:50.329 --> 00:27:52.810
Let me send you some snippets of these
A leads that you're sending over.

00:27:52.819 --> 00:27:54.570
Like, you know, I was withholding.

00:27:54.570 --> 00:27:56.899
I wasn't sharing with you that
these leads are not great.

00:27:56.909 --> 00:27:58.580
This source doesn't appear to be working.

00:27:58.580 --> 00:28:03.290
This doesn't Seem to convert for us
kind of once that negative sentiment

00:28:03.290 --> 00:28:08.220
comes up like you gotta make it out
of the open and like close that loop.

00:28:08.890 --> 00:28:13.359
We've talked about it as this again, a
LinkedIn principle that I was taught was

00:28:13.359 --> 00:28:17.169
like, just make it a clean escalation
like you think there's a problem.

00:28:17.169 --> 00:28:19.399
Don't talk behind people's backs about it.

00:28:19.699 --> 00:28:24.819
So clean escalation is, Hey, if
marketing's telling me the CRO, your sales

00:28:24.819 --> 00:28:30.389
team is not doing a good job following up
on leads like that's good for me to hear.

00:28:31.360 --> 00:28:35.480
It's better for us to have a conversation
about what of this do they believe is

00:28:35.480 --> 00:28:42.230
true and for my sales leader and you
to come to me and potentially like

00:28:42.230 --> 00:28:44.300
the VP of revenue marketing, the CMO.

00:28:44.605 --> 00:28:49.755
And let's talk through what's actually
going wrong, what's actually working, and

00:28:49.755 --> 00:28:55.115
then we can both take our own ownership
stakes in fixing it versus letting this

00:28:55.125 --> 00:28:57.024
just erode our relationship and you.

00:28:57.615 --> 00:29:01.475
You being mad at us or us being
mad at you and never, never saying

00:29:01.475 --> 00:29:02.675
anything or do anything about it.

00:29:03.145 --> 00:29:06.395
So I want to just talk about
attribution for a second too.

00:29:06.785 --> 00:29:12.524
This one's always a struggle on credit
because you've got this like SDR

00:29:12.535 --> 00:29:16.855
who calls and calls and calls this
account and then it shows up as an

00:29:17.255 --> 00:29:19.705
inbound lead and marketing gets credit.

00:29:19.725 --> 00:29:23.055
Or you got this like this account
that's been nurtured with tons of

00:29:23.055 --> 00:29:25.705
emails and an SDR books and appointment.

00:29:25.705 --> 00:29:26.879
calls You just quoted me.

00:29:26.950 --> 00:29:31.650
You know, I think it was like 30 percent
marketing generated revenue, 25 percent

00:29:31.650 --> 00:29:36.960
BDR generated revenue, and then 35
percent account executive sourced.

00:29:37.270 --> 00:29:40.319
In order to get to those numbers, we
have to have a really strong attribution

00:29:40.330 --> 00:29:41.750
formula, but that's difficult.

00:29:42.139 --> 00:29:43.570
Yeah, it can be.

00:29:43.729 --> 00:29:48.740
And we honestly did have that, that
moment over the last, you know, year where

00:29:48.740 --> 00:29:54.720
it's the team came and said, Hey, we got
to get out of this credit game, right?

00:29:54.720 --> 00:29:55.889
It's like, Oh, I should
get credit for this.

00:29:55.889 --> 00:29:56.740
I should get credit for that.

00:29:57.080 --> 00:29:59.560
Some of it started with
really simple things.

00:30:00.340 --> 00:30:04.590
Hey, in your SPIFF program that you're
running right now for your AEs, don't

00:30:04.590 --> 00:30:08.240
just reward them for AE sourced pipeline.

00:30:08.879 --> 00:30:17.415
Make sure that their conversion of
marketing And BDR influenced pipeline is

00:30:17.595 --> 00:30:22.185
equally as valuable because frankly, it is
equally as valuable and from a long term

00:30:22.185 --> 00:30:23.884
strategy perspective, it's more valuable.

00:30:24.505 --> 00:30:27.585
And so there's like little things
that like, how are you reinforcing

00:30:27.585 --> 00:30:30.924
the wrong side potentially
without knowing it, right?

00:30:30.924 --> 00:30:33.165
Where it's like, Hey, I get you're
trying to, you're trying to help

00:30:33.165 --> 00:30:34.424
your team get to their number.

00:30:34.810 --> 00:30:39.090
But like at the same time, you're
emphasizing the thing that will

00:30:39.100 --> 00:30:43.630
stop them from partnering with the
teams that will help them long term.

00:30:45.269 --> 00:30:46.350
That's such a hard one.

00:30:46.710 --> 00:30:50.939
But at the end of the day, like if
marketing gets some account to like

00:30:50.939 --> 00:30:54.260
raise their hand, the last thing we
want is a BDR to stop calling them.

00:30:54.840 --> 00:30:56.890
In fact, we want them to
double down on calling them.

00:30:56.890 --> 00:30:58.090
There's something going on there.

00:30:58.560 --> 00:31:02.250
And Mike seemed to create a
more team oriented viewpoint.

00:31:02.660 --> 00:31:04.399
I bet his buyers feel that too.

00:31:05.375 --> 00:31:08.465
You may have bought from an organization
where they had a culture of credit

00:31:08.955 --> 00:31:11.455
and for some reason you're being
sifted around to different people

00:31:11.745 --> 00:31:14.484
or that you can't do something
because that it makes sense for you.

00:31:14.484 --> 00:31:18.474
But something about their way of
credit or compensation disallows

00:31:18.485 --> 00:31:22.445
you and Mike's done a great job of
having a team orientation around that.

00:31:23.495 --> 00:31:25.044
All right, let's see what else
he has to say on that topic.

00:31:26.125 --> 00:31:30.580
So there's like, A little bit of that,
but there's also just the tactical.

00:31:31.170 --> 00:31:33.720
I think this is where, you know, I'm
a bit out of my depth because I have

00:31:33.720 --> 00:31:38.240
amazing team and they said we have
to get out of the culture of credit.

00:31:39.030 --> 00:31:44.330
We have to make this better and
show how marketing flows to BDR

00:31:44.330 --> 00:31:46.574
success flows to AE success.

00:31:47.505 --> 00:31:51.305
I need to start seeing the relationship
of these actions, not for me to say

00:31:51.305 --> 00:31:53.525
like, Hey, sales, congratulations.

00:31:53.555 --> 00:31:54.305
It's because of me.

00:31:54.305 --> 00:31:55.015
You made your number.

00:31:55.015 --> 00:31:58.145
It's like, I need to understand
this relationship so that I can

00:31:58.145 --> 00:32:04.295
show the progression and how I'm
influencing the pipeline generation.

00:32:04.844 --> 00:32:05.814
The key thing was.

00:32:06.235 --> 00:32:10.505
I don't want the outcome to be me getting
credit and you getting less credit.

00:32:11.065 --> 00:32:12.285
It's like we're winning together.

00:32:12.655 --> 00:32:13.525
That's great.

00:32:13.965 --> 00:32:18.715
But it also allows us to focus on
where in the funnel is our conversion

00:32:18.725 --> 00:32:22.604
dropping off and what are we going
to do about it so that it does

00:32:22.605 --> 00:32:24.544
become, how do we optimize together?

00:32:24.544 --> 00:32:25.235
It's like, Hey, great.

00:32:25.544 --> 00:32:30.515
I'm, I'm generating more MQLs
than I need to, but my sales

00:32:30.555 --> 00:32:33.135
acceptance rate is dropping off.

00:32:33.155 --> 00:32:34.045
What's going on here?

00:32:34.715 --> 00:32:35.165
Why?

00:32:36.195 --> 00:32:38.945
And so I think that's
the next horizon of what.

00:32:39.260 --> 00:32:43.060
You know, I have a brilliant marketing
operations leader who's partnering with,

00:32:43.110 --> 00:32:46.400
you know, the team to think like more
holistically and say, all right, how do

00:32:46.400 --> 00:32:55.000
I hand over better opportunities for the
SDRs to qualify and hand over better demos

00:32:55.010 --> 00:33:01.730
to AEs and optimizing each part in that
process, I believe is one of the things

00:33:01.730 --> 00:33:05.800
that keeps us from the culture of credit
at the end of the day, we all have to hit

00:33:05.800 --> 00:33:09.690
this one number and if I can do a little
bit more to help us get to that number,

00:33:11.210 --> 00:33:15.020
Now everybody does have to have a target
at some level to keep folks accountable.

00:33:15.770 --> 00:33:19.699
And so we've had to, you know, tighten
up some of our logic and see like, how

00:33:19.699 --> 00:33:24.840
do you do like an attribution with shared
credit in some instances between teams?

00:33:25.120 --> 00:33:30.895
I'm sure everyone listening has benefited
from G2 as either a buyer or a seller.

00:33:30.895 --> 00:33:33.360
I imagine almost everyone, both sides.

00:33:33.430 --> 00:33:38.230
And I think we're hearing a lot of
the details that make that magic

00:33:38.400 --> 00:33:41.900
in that marketplace grow, um,
specifically in sales market alignment.

00:33:41.910 --> 00:33:42.210
So.

00:33:42.790 --> 00:33:45.920
Mike Weir, CRO of G2, we thank

00:33:45.920 --> 00:33:47.430
you for dropping wisdom today.

00:33:47.860 --> 00:33:48.480
Thank you, Mark.

00:33:48.580 --> 00:33:49.790
Love the conversation.

00:33:50.070 --> 00:33:53.620
And if you haven't been a buyer
on G2, please check us out.

00:33:54.109 --> 00:33:56.090
We will absolutely help you
find the right software.

00:33:56.859 --> 00:33:57.410
Thanks Mike.

00:34:06.169 --> 00:34:09.000
Today's episode is written
and produced by Matthew Brown.

00:34:09.299 --> 00:34:12.649
Big thanks to HubSpot for startups
and to the HubSpot podcast

00:34:12.650 --> 00:34:14.290
network for keeping the audio on.

00:34:14.540 --> 00:34:16.120
Hey, also we're a new show.

00:34:16.250 --> 00:34:19.380
So if you like what you hear, or
if you hate what you hear, leave

00:34:19.380 --> 00:34:21.880
us a rating and review over on
your favorite podcast player.

00:34:21.890 --> 00:34:22.849
I love the feedback.

00:34:23.390 --> 00:34:25.010
Also check out stage two capital.

00:34:25.150 --> 00:34:31.319
We're the first VC firm running
back by over 500 CROs, CMOs, CCOs.

00:34:31.319 --> 00:34:33.440
So if you're an entrepreneur
looking to scale your business,

00:34:33.440 --> 00:34:34.900
check out stage two dot capital.

00:34:35.290 --> 00:34:35.680
All right.

00:34:35.770 --> 00:34:36.520
That's it for today.

00:34:36.740 --> 00:34:37.480
I'm Mark Roberge.

00:34:37.490 --> 00:34:38.080
See you next week.

