About Me

 

Utilizing this digital window to share my understanding of the funder and founder relationships and….
several other things that intrigue me!

The way a company pays its sales people can make or kill the company’s sales program. Very rarely do I encounter a start-up that provides the right balance in base pay, incentives and minimum targets that motivate its sales force.
Base pay is the minimum amount a sales person will make whether they perform or not. I have always looked at the base pay as a draw against the minimum target that the salesperson is supposed to achieve in order to keep the base.
Matix of Paying Salespeople
Getting the sales program right is a delicate balance; It isn’t rocket science, just a simple understanding of human psychology. When a tech, operations or finance program creates the sales program it invariably ends up being lopsided. Therefore, in my opinion, the sales program should only be designed by a salesperson that is part of the core team and preferably the best sales person in the company. A bad sales program can destroy the best of companies.
How does your sales program fare on this matrix?
38/2018

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