Can You Solution Sell without Selling Solutions?
Yes. And for those who get the distinction, I’d might add, somewhat obviously. But too many people don’t get it. Too many folks equate “solution selling” with “selling solutions.” In fact, they’re quite different. So, in this post, we’ll try to make the world a better place by explaining the difference between selling solutions and […]
Are You a “Challenging” or Simply a “Difficult” Direct Report?
Most managers, save for true sycophants, want to challenge their boss. Few managers want to be puppet yes-people to the boss. They’ve worked hard to get where they are. They bring years of wisdom and experience. They want to push and challenge. But many don’t know when or how. More importantly, they don’t know what […]
Simple Rules to Make It Easier To Build Your Startup’s Board Deck
As someone who has assembled many startup board decks over the years, I thought I’d offer some advice to executives who contribute slides to board decks that should make it easier for the point-person to assemble, improve the deck’s appearance, and avoid any painful and/or embarrassing mistakes in the process. Marketing folks, who both build […]
The SaaS Rule of 40
After the SaaSacre of early 2016, investors generally backed off a growth-at-all-costs mindset and started to value SaaS companies using an “appropriate” balance of growth and profitability. The question then became, what’s appropriate? The answer was: the rule of 40 [1]. What’s the rule of 40? Growth rate + profit should be greater than or […]
Detecting and Eliminating the Rolling Hairballs in your Sales Pipeline
Quick: what’s the biggest deal in this quarter’s sales pipeline? Was that the biggest deal in last quarter’s pipeline? How about the quarter before? Do you have deals in your pipeline older than your children? If you’re answering yes to these questions, then you’re probably dealing with “rolling hairballs” in your pipeline. Rolling hairballs are […]
A Look at the Tintri S-1
Every now and then I take a dive into an S-1 to see what clears the current, ever-changing bar for going public. After a somewhat rocky IPO process, Tintri went public June 30 after cutting the IPO offering price and has traded flat thus far since then. Let’s read an excerpt from this Business Insider […]
The Strategy Compiler: How To Avoid the “Great” Strategy You Couldn’t Execute
Few phrases bother me more than this one: “I know it didn’t work, but it was a great strategy. We just didn’t have the resources to execute it.” Huh. Wait minute. If you didn’t have the resources to execute it, then it wasn’t a great strategy. Maybe it was a great strategy for some other […]
How to Train Your VP of Sales to Think About the Forecast
Imagine a board meeting. Director: What’s the forecast for new ARR this quarter? Sales VP: $4.3M, with a best case of $5.0M. Director: So what’s the most likely outcome? Sales VP: $4.3M. Director: What are you really going to do? (The classic noob trap question.) Sales VP: I think we can come in North of that. […]
How To Get Your Startup a Halo
How would you like your startup to win deals not only when you win a customer evaluation, but when you tie — and even sometimes when you lose? That sounds great. But is it even possible? Amazing, yes — but you need have a halo effect working to your advantage. What is a halo effect? Per […]
Do You Want to be Judged on Intentions or Results?
It was early in my career, maybe 8 years in, and I was director of product marketing at a startup. One day, my peer, the director of marketing programs hit me with this in an ops review meeting: You want to be judged on intentions, not results. I recall being dumbfounded at the time. Holy […]
