Transcript
WEBVTT
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Hey there, this is James Carberry, founder of sweet fish media and one
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of the cohosts of this show.
For the last year and a half I've
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been working on my very first book. In the book I share the three
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part framework we've used as the foundation
for our growth here at sweetfish. Now
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there are lots of companies that ever
he'sed a bunch of money and have grown
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insanely fast, and we featured a
lot of them here on the show.
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We've decided to bootstrap our business,
which usually equates to pretty slow growth,
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but using the strategy outlined in the
book, we are on pace to be
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one of inks fastest growing companies in
two thousand and twenty. The book is
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called content based networking, how to
instantly connect with anyone you want to know.
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If you're a fan of audio books
like me, you can find the
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book on audible or if you like
physical books, you can also find it
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on Amazon. Just search content based
networking or James carberry CR BEA ARY in
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audible or Amazon and it should pop
right up. All right, let's get
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into the show. Hey, everybody, logan with sweet fish here. It's
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a new year and at do decade
and we're celebrating by rounding up the top
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twenty episodes as we look back on
two thousand and nineteen. Will be sharing
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them here throughout the month of January
in our Hashtag best of two thousand and
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nineteen series. Today's episode is Number
Fifteen as we countdown the top twenty episodes
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of two thousand and nineteen. It
features our conversation with Brad Rosen, the
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VP of REV oops over at Gtwo, where we talked about the changing role
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of REV OPS and the crucial role
that it can play in a scaling BB
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business. Welcome back to be tob
growth. I'm your host for today's episode.
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Book and miles of sweet fish medium. I joined today by Brad Rosen.
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He's the VP OF REVENUE OPERATIONS OVER
AT G two. Crowd. Brad,
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how you doing today? Man?
I am doing great. How are
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you? I'm doing well, other
than getting over a little bit of a
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cold, but I'm no worse for
wear and really been looking forward to having
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this conversation with you. We're going
to be talking about the changing role of
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revenue operations and I love some of
the thoughts you're going to be sharing with
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listeners today. For a little bit
of context, I would love for you
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to share with listeners a little bit
about yourself and what you and the team
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at g two crowder up to these
days. Man, yeah, happy to
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glad to be on and looking forward
to our conversation. I'm Brad Rosen.
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I RUN ROBIN OPERATIONS AT G two. I grew up and I'll give you
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a good background. I grew up
in Michigan, so I love it there
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with the school was constant go badgers
and now I've been a g two four
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six and a half years, which
has been amazing. Ride. Started real
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early when we were just collecting reviews
and we have this idea of if you
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build it, they will come.
You know, yelped it it. Why
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can't we? And Burns out that
if you build it, they will not
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come. You have people are much
more excited about writing reviews on restaurants that
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they are about be tob business software, and so it takes quite a bit
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to build up and we're significantly more
different differentiated from Yelp, but we've had
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a great run so far and I
started by building the sales and C s
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teams and am now running revenue operations
and I think it's it's been a great
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ride and really excited to talk about
the the role of REV OPS and how
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it's changing. Yeah, absolutely,
you guys are up to some great things.
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have been growing like crazy. We've
had, you know, several other
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members of the G two team on
some great episodes with Adam Goyette and other
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members of the team. So excited
to for you to bring your perspective and
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didn't realize you had been there for
that long. I Love Your your story
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there and also you know so many
marketers we think, or founders in a
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lot of ways. You know,
if we build it, they will come.
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Unfortunately that's not always the case,
but at the at the same time
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people are coming now and you guys
have done some great things. So excited
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deep for you to share a little
bit of wisdom with listeners today. So,
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as we're talking about the changing role
of rebops, I think the first
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thing we have to do before we
talk about some of the tactical things is
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is back up and define it.
So you're the VP of revenue operations at
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GTO. You know, how do
you define revenue operations for your organization and
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how do you see others to finding
it? You know, just broadly in
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the space I think revenue operations has
a broad definition, as you said,
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in the space. I think it
means a lot of things to a lot
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of different people, and so I'll
give you my definition with it my role
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within our company, but I think
it can change and evolved. And so
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from from my perspective it's literally everything
that I can do on the back end
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of sales. So do everything we
can to reduce the friction of our sales
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team and our sales leaders so that
they can go out and sell, and
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so that could mean anything from creating
territories to quotas to packages to pricing,
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training and enablement, sales force administration, sales operations, sales data analytics.
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So it's all of that and that
means taking anything that we can so that
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when our sales people go out there
trained, they're enabled, they have the
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right tools and the right processes they
to go out and be successful. Yeah,
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I love it. So you touched
on some different things there. You
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know, sales ops, sales enablement. As you look at revenue operations for
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you guys or for other organizations that
you're talking to, you know, does
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that also include marketing ops, like
where are some of the blends or you
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know what's kind of the structure there? For you guys? Yeah, for
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us it does not. You mentioned
Adam go yet, who's been on the
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show and he's kind of my partner
in crime, as you will and then
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so we work really closely together,
and I think that that's really a key
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point, is they all kind of
have to be in lock stem and so
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whether that's under one person or you're
just really tightly aligned and make sure that
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you're both striving towards the same thing. That's really the key and so that's
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why, when we think of revenue, we don't report up. He reports
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to the cml Ry and I report
the Cerro Matt, but at the same
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time Adam is in every one of
our meetings. He's in, you know,
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the the weekly meetings, he's in
the sales leadership meetings. He understands
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what's going on. So we can
share all of our initiatives with him and
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he could share his with us,
so that we can make sure that we're
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driving towards the same goals, which
ultimately is in the name. It's revenue.
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M Yeah, absolutely, I love
that. So you know, I
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like that dynamic duo, that one
two punch. You know, if you
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guys are at the dynamic duo behind
the scenes, I'll let you guys fight
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it out over who's Batman who's Robin. I'll be Batman. So tell us
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a little bit about your view on
the evolution of this function. You know
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you talked about processes, quota assignment, territory assignment. You know there's also
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sales enablement and productivity. You know, the tool side of it. Where
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have you seen the function of revenue
operations really evolved in the last few years?
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Brat, I think it's actually started
to not just evolved but become something.
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I think prior to a few years
ago, you know, the quotas
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in the territories and all that was
probably run by finance, potentially the CEO,
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the CFO in that organization, sales
had sales leaders who are focused on
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selling, and those two there's generally
some friction, potentially or at least very
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separation of duties. And now I
think it's really important, just like I
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have a partner in crime on the
marketing side, our CFO, ted white
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soul. I'm really close with him
as well. So we understand budgeting.
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We go over that together. We
go over an understanding of a are we
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going to hit our plan based on
the operational side of things. We understand
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what packages should look like from a
from a revenue standpoint, and so you
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have to make sure that you're aligned
both ways. But having somebody in place
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that's running the operational side of things
allows the team to move more quickly as
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opposed to having to get buy in
from other departments, and so I think
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that's why it's actually grown so much
over the last few years, is because
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people are recognizing that that, especially
when you have these high growth companies that
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are things are happening very quickly,
you really need a central point operationalize everything
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and then work with the other departments, whether that be marketing, finance,
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product research, to be able to
make sure that everybody is working in lock
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step. And I do think tools
help you in the sense of they can
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make you more productive, they can
make you more collaborative, especially if you're
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working remotely or if you're traveling,
but at the same time it also makes
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it trickier to make sure that and
not buying every tool under the sun and
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that the tools all talk to each
other and that we have the same accountability
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that we used to have, because
now we have tools that can do all
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these things that we used to have
to do ourselves. So to us can
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make things really great, but they
can also make things more challenging as well.
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Yeah, I want to come back
to that in a second, because
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they're there's something there to be said
about you know, we talked about sales
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tech and we talk about MARTEC almost
in these separate conversations, right, but
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you know so much more if there's
going to be alignment between those functions,
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and like you said, there's important
alignment with sales and not just marketing but
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product and finance, in these other
areas that you know, having someone who
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has view or at least connection at
the hip with the leaders of these other
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functional areas, you know, that
becomes really important. I want to ask
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here, though, as you talked
about your evolution of your role within Gutwo
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from the the sales and C s
side. You know, it seems like
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with smaller organizations or earlier stage startups, you know, revenue operations is just
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kind of this shared duty between maybe
sales and the operations are finance leader,
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you know, in the early day. So where did you guys get to
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the tipping point of okay, revenue
operations needs to be its own thing,
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you know, and as you built
out that leadership team structure, I would
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love to hear about kind of that
internal evolution, what you get, what
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you can speak to, because I
think as as teams are growing and fast
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growing these days, knowing where those
tipping points are and how to manage those
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changes can be really important. Yeah, the tipping point for us was about
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a year and and a half ago
when I started in the rolls. So
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what had happened is I built the
sales team and in the Dr Team and
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and of those off tour two amazing
leaders, now claim Olivier, and then
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built up the CS team and now
we have an amazing leader there, Andrew,
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and so I actually started working on
a lot of partnership stuff, which
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I thought was really fun and exciting
and we have a lot of opportunities for
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that. And our CEO came to
me and said, Hey, I want
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you to run revenue operations and I
said I don't know what that is and
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I gave a vague understanding, which, like we're talking about. That's why
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you said define it right that.
Yep, I said, I'll let me
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think about it and he came to
me again. I said, well,
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I still don't really know what that
is, but he's like, you know,
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you do everything to make sure that
sales run smoothly. It's like,
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okay, and get a little more
understand logical, but still thanks, but
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I'll think about it. And then
the third time es I said, okay,
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I understand. You know, sometimes
you get the hint after time three
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of asking and it actually was an
amazing opportunity. I do have a finance
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background, which I think helps,
because I do think you need to have
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an analytical understanding of data and being
able to build certain models to understand your
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cost versus your revenues, understanding quotas, Commission's territories. All has to do
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with analytics behind it, but it
does help. I do think that the
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the modern revobous leader has to have
some selling experience or at least an understanding
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of the sales process, because I
do believe that just running a spreadsheet does
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not allow you to actually understand the
rules and regulations and rules of engagement that
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you're putting into place for a salesperson
and a sales leader, because they think
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very differently, they think very emotionally, they're not a spreadsheet. They're a
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person, they're a human they react
differently because they have, you know,
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feelings and they have understandings of motivations
that everyone's motivated very differently. So being
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able to combine those things is really
important and in our company that happened around
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I'd say, closing in on about
two hundred people and probably about fifty reps,
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because of the idea that you get
to a certain point where training enablement
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needs to be ramped up very quickly
because you're hiring a lot of people and
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you can't just turn around and ask
the REP next to you for advice because,
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first of all, they may not
be next to you because you have
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a bigger office or you have satellite
offices and different things. And the second
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thing is, once you play,
as you know, we all grew up
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playing the game of telephone, by
the time it gets to like the fourth
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or fifth person, it's actually not
what we originally stated right. It's not
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what we wanted the messaging to be, and so you really need strong enablement
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and you also need processes. People
want to understand. Okay, how am
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I getting paid? When am I
getting paid? What are the expectations?
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I want that you know, and
I want to more than just a conversation.
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It's got to be really strong and
night and then, as the numbers
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get bigger, you have the board
and management saying okay, well, how
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are we tracking towards these things before
we say well, I know all the
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deals that can kind of put together
what my projections are. I have a
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spreadsheet and we put it together,
run a sales source report. We're good
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and you can't just throw the DART
at the wall when you get to that
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size because you will inevitably miss the
target. Yeah, absolutely. So you
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touched on something interesting there. I
think there's a good mixture to be had
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with sales experience and some analytical or
finance experience as well. Talk a little
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bit about, you know, how
you've managed some of those changes in revops
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that have rolled out to the team. Maybe some of the lessons learned is
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now we can focus on all this
stuff, but we need to do it
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the right way so it doesn't have
some unintended consequences. Right. Yeah,
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and I think that that's part of
growing and learning as you have a larger
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sales team with folks that you may
not know as well or maybe, like
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I said, are in different states, different countries, all over the place.
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You really have to be cognizant of
a lot of communication and understanding.
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How are people going to take changes, let's say change, especially and say
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a complant or quotas or territories,
because that's how people make a living.
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That's a but they put a roof
over their head. And so if you
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are going to make those changes,
a lot of times those changes actually come
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from, obviously a board or executive
level decisions to make sure we're understanding what
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are our costs. You're looking at
lifetime values of customers versus customer acquisition cost
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what. You're starting to break it
down by segment to understand which segments are
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profitable or more profitable versus others and
trying making hard decisions based on those types
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of things. And so there's rationale
behind all these changes. Explaining that rationale,
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but also gathering feedback from the sales
team as a whole and any leadership
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before the changes, I think is
really important because you want to you want
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them to be heard and, frankly, they have a lot of really great
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insight that you may not have it
when you're sitting at your desk and you're
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in a spreadsheet and you're just kind
of thinking in your own world. You
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need to also understand what's going on
in the field and what are the changes
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and how can we make sure that
we motivate people properly, because a lot
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of times it's not just it's not
always about dollars and sense. Sometimes it's
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about hitting your quota. Sometimes it's
about they want to receive little spiffs throughout
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the year because that makes get some
motivated and pumped up, or they want
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to compare themselves to other reps within
the role. So getting feedback, I
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think, is really important, especially
when you're making big changes and then explaining
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the rationale behind things and then having
a discourse. So having a really good
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relationship with the team as a whole
is really important. Yeah, I mean
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to me it seems like you're able
with this revenue operations layer between, you
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know, sales leadership and and the
executive level and the board. You know,
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there's almost more room for thoughtful back
and forth. You know sales leadership
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is so focused on on hitting the
number, on ramping new reps, on
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on closing deals. You know with
their team that these things that that are
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important, they can be big levers
and turning points in the motivation of your
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team and the efficiency of your team, but you just have more time to
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dedicate to these specific elements. Would
you say that's really kind of one of
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the biggest benefits to having dedicated revenue
operations leadership as you build out your organizational
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structure? Breath. Absolutely. We
don't want our sales leaders or sales people
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thinking about, hey, what should
the how should we package this this new
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feature in, and what should we
call it and how much should it price
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and how should we implement it into
CPQ and what should it look like on
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the order form like? Can you
imagine if our rests were spending the time
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doing that and not picking up the
phone and not having phone calls? That
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would be terrible. And so that's
why we take that on right and so
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sometimes it's, I would say,
not a glamorous job, but it's really
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interesting and I think that understanding the
business aspect of what we're doing is really
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great, but it definitely takes a
certain skill set. But it's also how
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do we allow them the delegation of
duties, because, you know what,
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they're much better sales people than I
will ever be. Right and so they
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have certain skill sets that I don't
necessarily have and they have certain skills that,
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you know, the n I have
certain skill sets that they don't have.
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In so it's a great symbiotic relationship
ship from myself to the sales leadership
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to be able to say, Hey, you take on the heavy lifting on
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the operational side so that we can
continue to be in the field and keep
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the wheels turning. Yeah, absolutely. I think that's where you get some
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friction and you get some burn out. The more that you have, you
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know, whether its sales or marketing
or any function, really, when you
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have people not, you know,
operating in their maximum capacity, proficiency and
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passion, then you get burnout,
especially in a high growth start up.
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So the more that you can start
to segment these different things between operations and
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actual time spent selling and keep people
laser focused and in repeating the things that
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they do really well, then you're
going to have, you know, more
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growth because you're not going to have
that that friction that slows you down at
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times. Absolutely, and I think
that's key is to understanding and, like
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I said, in our organization we
do have a leader who runs marketing APPS.
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He's really good at marketing APPS and
he's really understand the tools and the
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people that are needed to succeed in
that area, and you know so I
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leave that to him and I make
sure that I focus on of the things
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that I'm really a strong and proficient
at, and that's the sales operation set
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of things. That's the enablement,
that's the partnerships, that's well we're able
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to build on our side of the
house. Yeah, I love it.
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You guys are obviously doing a lot
of things right. I love you sharing
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a little bit of a peek behind
the curtain and a little bit of your
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journey, as you guys have built
out obviously a very successful revenue organization and
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Adam and Ryan and the rest of
the marketing team are doing a great thing
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on their side, joined at the
hip with you guys. So obviously you
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guys are doing a lot of things
right. Brad, if people listening to
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this would like to stay connected with
you pick your brain on anything revenue ops,
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sales related or anything else, what's
the best way for them to stay
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connected with you or reach out in
the future? Man, yeah, feel
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free to reach out on Linkedin.
Brad Rosen, I work at you too,
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so it's not too hard to find
me and I would love to connect
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with everybody, whether that be sales, marketing ops, and I do think
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that those, all these roles are
starting to become interconnected, and so looking
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forward to networking with everybody within the
industry. I love it. Brad,
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thanks so much for joining me on
the show today. Man, this has
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been fantastic. Thank you. Have
a grown on. We totally get it.
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We publish a ton of content on
this podcast and it can be a
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00:19:40.769 --> 00:19:44.769
lot to keep up with. That's
why we've started the BOB growth big three,
290
00:19:45.210 --> 00:19:48.410
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291
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