How To Incentivize Coin-Operated Salespeople, With Bernie Kassar

In this conversation, Bernie Kassar and I delve into the intricacies of sales compensation plans, emphasizing the importance of simplification and alignment with business objectives. Bernie shares insights from his extensive experience in the field, discussing the transition from traditional compensation structures to more effective models that motivate sales teams. The discussion also touches on the role of technology in automating commission calculations and the significance of motivation and inspiration in driving sales performance. We also discuss the challenges of distractions in the digital age, emphasizing the importance of time management and personal accountability. We explore how different generations are motivated and the need for effective leadership in sales teams and we also highlight the role of technology in sales, the necessity of training, and the importance of connecting with potential clients. We wrap up with a light-hearted discussion about personal connections and the influence of media on public perception. GUEST INFO: Guest Site: https://latitude39.com/contact/ Guest LinkedIn: linkedin.com/in/berniekassar Chapters 00:00 Understanding Sales Compensation Plans 03:07 The Importance of Simplification in Comp Plans 05:58 Transitioning Compensation Structures 08:46 The Journey from Employee to Founder 12:02 The Role of Technology in Sales Compensation 15:03 Motivation and Inspiration in Sales Teams 24:04 Navigating Distractions in a Digital Age 25:11 Empowering Individuals Through Time Management 26:40 Understanding Generational Differences in Motivation 28:08 Building Accountability in Sales Teams 30:06 Leveraging Technology for Sales Success 32:39 The Importance of Training and Standardization 33:45 Connecting with Potential Clients 35:25 Offering Value to Startups 36:29 Navigating Personal Connections and Travel 39:01 Staying Positive Amidst Media Frenzy Join The Inner Circle: https://info.wesschaeffer.com/inner-circle-silver Market like you mean it. Now go sell something. SUBSCRIBE to grow your sales. https://www.youtube.com/@TheSalesWhispererWes ----- Connect with me: Twitter -- https://twitter.com/saleswhispererInstagram -- https://instagram.com/saleswhisperer LinkedIn -- http://www.linkedin.com/in/thesaleswhisperer/ Podcast -- https://creators.spotify.com/pod/show/fixerwes BUSINESS GROWTH TOOLS https://12WeeksToPeak.com https://CRMQuiz.com https://MakeEverySale.com