100 episodes

Real Advice for Startup Founders and Managers on Customer Development and Creating a Sales Process and Strategy for Enterprise Sales.

Startup Selling: Talking Sales with Scott Sambucci Scott Sambucci

    • Business
    • 4.9 • 28 Ratings

Real Advice for Startup Founders and Managers on Customer Development and Creating a Sales Process and Strategy for Enterprise Sales.

    Daily Dose: What Most CRMs Reflect as "Stages" in A Company's Sales Process Are Really Just Reasons For Sales Opportunities To Stall Out…

    Daily Dose: What Most CRMs Reflect as "Stages" in A Company's Sales Process Are Really Just Reasons For Sales Opportunities To Stall Out…

    What most CRMs reflect as "Stages" in a company's sales process, are really just reasons for sales opportunities to stall out…
     
    Qualification is not a stage. Demo is not a stage. Proposal is not a stage. Contract is not a stage.
     
    These are all just opportunities for sales opportunities to slow down, grind to a halt and end up in "long-term follow-up."
     
    Why?
     
    Because the right way to treat qualifications, demos, and proposals for these sales activities is treating them as catalysts to the next stage in the sale.
     
    That means you have a specific process for:
     
    Maintaining momentum... Handling objections... Unstalling deals that get mired in the muck...  
    When you're selling a complex enterprise solution, one of your primary responsibilities is to keep control of the sale by always knowing the next step, and leading your customers through your sales process.
     
    Listen & subscribe to The Startup Selling Show here:
     
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    • 22 min
    Ep. 134: Simple Actions to Increase Your Sales Pull-Through: An Interview with Selling Boldly Author, Alex Goldfayn

    Ep. 134: Simple Actions to Increase Your Sales Pull-Through: An Interview with Selling Boldly Author, Alex Goldfayn

    In this episode of the Startup Selling Podcast, I interviewed Selling Boldly Author, Alex Goldfayn.
     
    Alex is a global sales consultant, speaker, and author of a Wall Street Journal best-seller called Selling Boldly.
     
    The Revenue Growth Consultancy creates an average annual revenue growth of 10-20% for its clients. About once a week, he delivers keynote speeches, sales kickoffs, breakout sessions, and workshops for various associations and companies around the country. 
     
    The topic is sales growth, but Alex also dives deeply into confidence (instead of meekness), proactivity (instead of reactivity), and optimism (instead of pessimism). Fast sales growth is a function of mindset change and a system of simple behaviors.
     
    After reading Alex’s book, I sent him a note on Linkedin. We talked on the phone, and we immediately clicked. So I invited him to the Startup Selling Show, and he graciously accepted.
     
    The reason I wanted to have Alex on the podcast is to talk through the strategies he uses when he consults with large companies and their sales teams, and how you can implement them with your startup as you grow and scale.
     
    In today’s conversation, we focused on how start-up sellers can change their mindsets and use communication to increase sales.  
     
    Here are some of the topics that we covered in our conversation:
     
    How to develop friendlies in the marketplace. How to increase positive psychology when selling. Overcoming fears and how to have positive conversations with the people in your marketplace. How to migrate away from lazy, low-risk communications and what to do instead. How to have “human” interactions with your prospects. Communication techniques you can use to increase your sales.  
    Links & Resources:
     
    Alex Goldfayn on LinkedIn:www.linkedin.com/in/alexgoldfayn  
    Alex Goldfayn on Twitter: twitter.com/alexgoldfayn  
    Email: alex@evangelistmktg.com  
    Selling Boldly: Applying the New Science of Positive Psychology to Dramatically Increase Your Confidence, Happiness, and Sales - https://www.amazon.com/Selling-Boldly-Psychology-Dramatically-Confidence-ebook/dp/B07BFK97QD/ref=sr_1_1?ie=UTF8&qid=1545081598&sr=8-1&keywords=selling+boldly



    Listen & subscribe to The Startup Selling Show here:
     
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    • 48 min
    Ep. 133: From Users to Customers in 3 months & Startup to the Inc 5000 in 3 years: An Interview with Cirrus Insight Co-Founder Brandon Bruce

    Ep. 133: From Users to Customers in 3 months & Startup to the Inc 5000 in 3 years: An Interview with Cirrus Insight Co-Founder Brandon Bruce

    In this episode of the Startup Selling Podcast, I interviewed Cirrus Insight Co-Founder Brandon Bruce. 
     
    Brandon is the Co-Founder and Chief Operating Officer at Cirrus Insight. Since founding the company in 2011, Cirrus Insight has been listed in the Inc 5000 ranking for three years in a row — A list of the nation’s fastest-growing private companies.
     
    Cirrus Insight is an all-in-one sales productivity platform with world-class Salesforce integration. 250,000 people use Cirrus Insight and its sister products Attach.io and Assistant.to to work faster and smarter from the inbox and calendar. It allows you to Track emails, schedule meetings, set follow-ups, and more, right from your inbox.
     
    Brandon grew up in Los Olivos, a small California town of 800 people, and had only one classmate in grade school.
     
    He loves endurance sports and raced his bicycle 508 miles across Death Valley in 2002 as part of the Furnace Creek 508 (https://www.the508.net/). He finished in 35 hours and 7 minutes. He also enjoys hiking, camping, and building with Legos. Brandon lives in Knoxville, Tennessee with his wife, Tricia, and their two children, Sonoma and Carson.
     
    Brandon’s advice for Entrepreneurs and Founders:
     
    “Stay curious.” & “Have the ability to make decisions.”
     
    In my conversation with Brandon, we covered a lot of the early days at Cirrus Insight. We focused on how Brandon and his Co-Founder, Ryan Huff, built the company from 0 to +250,000 users.
     
    Some of the topics that we covered are:
     
    Getting their first users. Converting them into paying customers. Pricing in the early days Vs Pricing now. Making their first sales hire. The bottom-up sales strategy. Creating your product roadmap based on feedback. Using partners to sell your product.


    Links & Resources: 
     
    Brandon on LinkedIn – https://www.linkedin.com/in/brandonbruce  
    Cirrus Insight – https://www.cirrusinsight.com


    Listen & subscribe to The Startup Selling Show here:
     
    BluBrry | Deezer | Amazon | Stitcher | Spotify | iTunes | Soundcloud | SalesQualia
     
    Thanks so much for listening! Tell a friend or ten about The Startup Selling Show, and please leave a review wherever you’re listening to the show.

    • 1 hr 12 min
    Ep.132: What is Customer Success and Why is it Important?: An interview with John Roberts

    Ep.132: What is Customer Success and Why is it Important?: An interview with John Roberts

    In this episode of the Startup Selling Podcast, I interviewed John Roberts.
     
    John founded Successly in 2016, a company dedicated to helping Customer Success teams make a big impact. John recently moved to Silicon Valley after a successful run guiding his previous startup – Buzz.Report – in North Carolina.
     
    3 Key Takeaways from this podcast:
     
    Customer Success is a Business Model. If you have to choose between Customer Success or Sales, choose Customer Success first. Customer Success should be at the head of the table for every company.  
     
    Customer Success: Definition & Important notes:
     
    Why every subscription company is only successful when you retain your customers is because the real value is how long you can retain those customers. How can you make Customer Success successful in a way that creates value? Completing 290 Customer Success Interviews with VPs about customer success.   
    Customer Success & Its Role in the Sales Process. Think about these:
     
    What are the goals we're striving for over the next year with the product? Should Customer Success teams have veto power over new customer acquisition? Aligning top-line sales growth while avoiding churn and misaligned incentives? How can you make sure the customer success team is compensated Renewals? Casting in the sales process – Sales focuses on education and Customer Success focuses on implementation. Focusing on the “jobs to be done.” Customer Success is the crucible of all communication and activity. Why Customer success should be at the head of the table in product companies. Customer success as a business model. Customer success teams and capturing the voice of the customer.   
    Organizational Design for Start-up CEOs:
     
    The case for why Customer success should be the first team to build. Questions to ask: What’s the experience with the customer?  How can we watch the customer use the system or product?  How can we understand every aspect of the customer’s interaction with the product?   
    Customer Success teams vs Product teams:
     
    Customer success should focus on what the customers needs. The Product Team should focus on the best features to build in response to the customer success team’s list of problems.   
    Hiring customer success teams when someone wants to be the sales or the product manager:
     
    Set expectations very clearly. All other departments relate to customer success. You’ll be seeing is more salespeople in the customer success role in the future.   
    Links & Resources: 
     
    John Roberts on LinkedIn:www.linkedin.com/in/john-roberts-92bb0438
     
    Adam O'Donnell on LinkedIn: https://www.linkedin.com/in/adamfodonnell/
     
     
    Listen & subscribe to The Startup Selling Show here:
     
    BluBrry | Deezer | Amazon | Stitcher | Spotify | iTunes | Soundcloud | SalesQualia
     
    Thanks so much for listening! Tell a friend or ten about The Startup Selling Show, and please leave a review wherever you’re listening to the show.

    • 40 min
    Ep. 131: The Cardinal Rules of Cold Emailing: An Interview with Damian Thompson

    Ep. 131: The Cardinal Rules of Cold Emailing: An Interview with Damian Thompson

    In this episode of the Startup Selling Podcast, I interviewed Damian Thompson.
     
    Damian is the co-founder and Chief Customer Officer at LeadFuze, a company that provides automated lead generation software that helps B2B companies find leads and have more sales conversations automatically. Damian has led sales teams in a dozen countries, coaching 200+ professionals to more than $100 million in sales.
     
    Damian walked us through his "Cardinal Rules of Cold Emailing.” 
     
    Here are a few we discussed:
     
     
    1 - Passive-Aggressive SUCKS (my words…): Sending a second or third or fourth email to someone that read – "I haven’t heard back from you…” is really bad. It’s not the prospect’s fault they haven’t replied – it’s yours. Would you want to receive this email? Would you respond? How do you feel when you get these emails?
     
    2 - Brevity: Assume email is read on mobile.  Don’t use wasted words. 
     
    Bad: "I found you on Angel List…” or “I know you’re busy so I won’t take much time…”
     
    3 - Don’t be apologetic: As Damian said – "if you target your market right, you’re offering something of value… They [your prospects] WANT to work with you.”
     
    4 - Start your email with questions, then offer a quick value proposition then close with a call-to-action. 
     
    Ask yourself: What are the 1-2 biggest problems/pains of customers? 
     
    Reverse engineer biggest objections.
     
    4 - Think low friction. The goal of your cold email should be to start a conversation. Don’t ask your prospects to call you or try to book a meeting right away. That’s too much to ask.
     
    Be happy with ANY reply. There’s no such thing as a negative reply. If you’re getting NOTHING, that’s the worst outcome. 
     
    5 - Subject Lines Matter: Shorter is better. Five (5) words or less is ideal. Using the person’s first name or company name works really well. 
     
    It’s okay to be aggressive. Damian’s best-performing email subject line was “You’re doing it wrong,” but be sure to link subject lines to email’s content and ultimately, write emails that match your personality. If you’re just not comfortable being aggressive, do something else.
     
    6 - Provide value in every interaction and outreach. Give prospects something quick that’s useful, and offer a few more ideas.
     
    Once you nail your message and market, find a way to do it on a scale because, as Damian said “using Lead Generation to validate a market is a disaster."
     
    Remember that NO ONE buys for your TECHNICAL SOLUTION. Customers buy to increase revenue, reduce costs, and to get a promotion. There’s some other motivation, so find it and write to it.
     
    Finally, we talked about building your sales team. 
     
    A few key ideas:
     
    "If you’re gonna hire one, you’ve gotta hire two.” You cannot hire someone to build your sales process. YOU have to define your sales process, THEN you can bring on your sales team. Once you hire, you’re going to spend more time, not less, doing sales. You cannot hire commission-only salespeople. It sends bad signals to the company. Align metrics and incentives directly to the outcomes you want of that role. For example, paying an SDR based on long-term customer retention is really bad. Before you ask an employee to do something, ask yourself: “Have I done this successfully?” When hiring, it’s not about money for most SDR hires - your middle career salespeople care about money, but arly hires want company and personal growth.  
    People & Mentions from this episode:
     
     
    Damian on LinkedIn: www.linkedin.com/in/damianthompson  
    Damian on Twitter: @damianthompson   LeadFuze: www.leadfuze.com  
    Episode 130: Predictable Prospecting: Target, Engage & Optimize Your Sales Funnel, and Why Introverts are the Best SalesPeople: An Interview with Marylou Tyler



    Listen & subscribe to The Startup Selling Show here:
     
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    • 1 hr 10 min
    Ep.130: Predictable Prospecting: Target, Engage & Optimize Your Sales Funnel, and Why Introverts are the Best Salespeople: An Interview with Marylou Tyler

    Ep.130: Predictable Prospecting: Target, Engage & Optimize Your Sales Funnel, and Why Introverts are the Best Salespeople: An Interview with Marylou Tyler

    In this episode of the Startup Selling Podcast, I interviewed Marylou Tyler.
     
    Marylou is the author of Predictable Revenue and Predictable Prospecting. She has worked with a number of co-authors and produced a book that will certainly help any startup company out there. Being one of the best sales enablement strategists, she is an expert when it comes to maximizing your resources and is always willing to share her knowledge to anyone who needs help.
     
    This podcast focuses both on the incredible things that a startup business owner can do to improve sales and the common mistakes everyone should avoid. 
     
    Some of the key topics and questions that we covered in this podcast are:
     
    Internalizing Your Competitive Position Six-Factor SWOT Analysis Developing an Ideal Account Profile Compel with ContentTM McKinsey’s MECE model How you can send your emails wisely, and so many more


    Links & Resources
     
    Marylou Tyler on LinkedIn: www.linkedin.com/in/maryloutyler
     
    Marylou’s website & book-related resources: maryloutyler.com/swag
     
    Jeremey Donovan on LinkedIn: www.linkedin.com/in/jeremeydonovan
     
    (Amazon) Book by Neil Rackham: SPIN Selling
     
    (Amazon) Book by Neil Rackham: Major Account Sales Strategy
     
    (Amazon) by Marylou Tyler and Jeremey Donovan: “Predictable Prospecting: How to Radically Increase Your B2B Sales Pipeline”
     
    Listen & subscribe to The Startup Selling Show here:
     
    BluBrry | Deezer | Amazon | Stitcher | Spotify | iTunes | Soundcloud | SalesQualia
     
    Thanks so much for listening! Tell a friend or ten about The Startup Selling Show, and please leave a review wherever you’re listening to the show.

    • 1 hr 6 min

Customer Reviews

4.9 out of 5
28 Ratings

28 Ratings

Arlie K ,

Don't miss it!

It’s obvious Scott puts extraordinary effort into every single episode of Startup Selling, and it shows - every episode is chock full of actionable insights and quality information! No matter the subject, you’re guaranteed to gain something every time you tune in. Can’t recommend Startup Selling enough! 🙌

Zrs89 ,

Can’t miss listening for B2B startups

Scott is such a good teacher. His methods aren’t rocket science and they work. Huge fan.

Amy.v.words ,

You’ll be glad you listened

Equal parts real talk, actionable insight, and fascinating conversation is why I come back to listen. If you’re in the startup world trying to crack the complex sales code, this is for you.

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