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  • 3 years ago

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Building high performing sales teams with Simran Duggal

Lifeselfmastery's podcast I Startups I Venture Capital
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Description

In this episode, Simran talks about her career in sales and her insights on hiring and building a sales team for startups, her journey to becoming a sales manager, and her thoughts on when to hire a head of sales for a startup. She also talks about the characteristics of high-performing sales hires and how to identify them in the hiring process, measuring the impact of a sales rep, motivating a sales team during tough times, and compensating sales reps, and much more!

Timestamps

Simran's Career Journey [00:00:26] Simran shares her career journey from being a bank teller to becoming a sales manager at Webflow.

When to Hire a Head of Sales for a Startup [00:05:08] Simran discusses the importance of founders being the OG salesperson and when it's appropriate to hire a head of sales for a startup.

Characteristics of High-Performing Sales Hires [00:06:31] Simran talks about the fundamental characteristics of high-performing sales hires, such as closing attainment and strong discovery skills, and the challenges of identifying them in the hiring process.

Curiosity as a Key Attribute [00:07:19] Simran discusses the importance of curiosity in high-performing sales reps and how to screen for it in the hiring process.

Screening for Curiosity [00:08:45] Simran explains how Webflow screens for curiosity in the hiring process, including asking questions and conducting a chronological interview.

Hiring A-Players in Early-Stage Startups [00:12:43] Simran shares her thoughts on hiring A-players in early stage startups, including the challenge of attracting top talent and the importance of finding the best person for the company at the time.

Building a Sales Team [00:14:26] Simran discusses the importance of hiring experienced sales reps and identifying high-performing sales hires.

Effective Hiring Process [00:16:05] Simran explains the three-part interview process used at Webflow to identify the best candidates for the sales team.

Mock Discovery Call [00:19:53] Simran discusses the purpose of the mock discovery call in the interview process and the importance of preparing candidates for success.

Onboarding the first sales rep [00:22:46] Simran gives advice to founders on how to onboard their first sales rep, including spending time with the founder and understanding institutional knowledge.

Measuring sales rep impact [00:25:03] Simran discusses tangible and intangible impacts of sales reps, including quotas, inputs and outputs, and core behaviors like providing feedback and mentorship.

Motivating a sales team [00:28:13] Simran talks about motivating a sales team during rough patches, including boosting morale and focusing on intangible impacts like building trust with customers.

Mental Resiliency [00:28:36] Simran discusses the importance of mental resiliency in sales and how to stay balanced during tough times.

Compensation for Sales Reps [00:30:46] Simran talks about the right way to compensate sales reps and how it depends on the stage of the company.

Discounting in Sales [00:33:32] Simran discusses the impact of discounting on sales outcomes and how to approach negotiations with enterprise buyers.

Discounting and Deal Synopsis [00:35:54] Simran talks about the importance of learning from discounting and doing a deal synopsis to understand if it was required.

Women in Sales [00:36:30] Simran discusses the underrepresentation of women in sales and how to attract more women to the field.

Favorite Business Book and Sales Career Advice [00:41:02] Simran shares her favorite business book, "The Making of a Manager" by Julie Zoo, and advice she would give to her younger self about focusing on strong...

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