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May 26, 2020

#NewPodcast: The Revenue Collective Podcast

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B2B Growth

In this episode of the #NewPodcast series, we share a part of the first episode - The Ideas Behind Revenue Collective and Modern Community Building featuring Sam Jacobs.

Revenue Collective is an elite global community of customer facing executives quickly approaching 5,000 in size and this is the podcast that supports it. Designed to support the professional development of revenue leaders at high growth companies, facilitate the sharing of best practices, and serve as a trusted private community where members can openly discuss business critical issues.

In each episode you will hear executives dedicated to providing support, assistance, education, and career growth. We come together to ensure CROs, CMOs, COOs and CCOs perform better in their roles, earn the title and compensation they desire and achieve their professional goals. The RC is a global organization with chapters in over 100 cities including New York, London, San Francisco, Toronto, Amsterdam, and many many more.

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Transcript
WEBVTT 1 00:00:06.000 --> 00:00:10.150 Hey everyone, welcome back to the new podcast series. If this is your 2 00:00:10.189 --> 00:00:14.310 first time tuning in, I'm Kelsey cores and here I introduce you, the 3 00:00:14.429 --> 00:00:19.149 listener, to new podcast in the BB realm which you could find useful or 4 00:00:19.469 --> 00:00:23.420 maybe someone in your network could find useful. This week spotlight is on the 5 00:00:23.539 --> 00:00:28.620 revenue collective podcast, sponsored by the revenue collective. The host of this podcast 6 00:00:28.699 --> 00:00:32.740 is Justin Welsh, which many of you may know from his explosive growth on 7 00:00:32.820 --> 00:00:39.409 Linkedin. The revenue collective is an elite global community of customer facing executives designed 8 00:00:39.409 --> 00:00:44.850 to support the professional development of revenue leaders at high growth companies, facilitate the 9 00:00:44.890 --> 00:00:50.200 sharing of best practices and serve as a trusted community where members can openly discuss 10 00:00:50.439 --> 00:00:56.159 business issues. On each episode, you will hear executives dedicated to providing support, 11 00:00:56.200 --> 00:01:00.520 assistance, education and career growth. If you think you'll find the show 12 00:01:00.560 --> 00:01:04.790 valuable after you check out this quick snippet, just search the revenue collective podcast 13 00:01:04.950 --> 00:01:10.790 and apple podcast or your favorite podcast player makes you subscribe and if you really 14 00:01:10.870 --> 00:01:12.269 like it, don't forget to leave a review. It's a great way to 15 00:01:12.349 --> 00:01:15.750 help people find new podcast content. Okay, okay, let's tune in. 16 00:01:18.620 --> 00:01:22.579 My hope with every kind of personal or human to human interaction, whatever it 17 00:01:22.780 --> 00:01:26.140 is, whether it's like, you know, a virtual breakfast on a zoom 18 00:01:26.180 --> 00:01:30.219 call, whether it's me talking to you, whether it's slack, whether it's 19 00:01:30.260 --> 00:01:32.969 me going to a dinner or whatever, my hope is that you just get 20 00:01:33.129 --> 00:01:36.609 one thing, one specific thing, and that's why I'm always you know, 21 00:01:36.689 --> 00:01:38.969 we just we watched a Friday fundamentals and salesacer podcast. I'm just really, 22 00:01:40.010 --> 00:01:42.730 really big on like, give me one thing, actionable thing. Tell me 23 00:01:42.769 --> 00:01:46.689 the subject line of the email, tell me a practice that I can use. 24 00:01:46.810 --> 00:01:49.760 Tell me a strategy I can deploy. That that sounds real. So 25 00:01:49.840 --> 00:01:53.799 that's what I hope. I think like a mixture of the human experience of 26 00:01:53.959 --> 00:01:59.640 the people that are your guests and celebrating that human experience with all of its, 27 00:02:00.000 --> 00:02:02.469 you know, beauty and all of its imperfection, and then giving them 28 00:02:02.510 --> 00:02:06.909 a couple key insights that they can really take away and say I'm going to 29 00:02:06.950 --> 00:02:08.389 do this tomorrow, I'm going to do this today, and it will help 30 00:02:08.430 --> 00:02:13.150 me. If this is going to be, I think, really exciting for 31 00:02:13.310 --> 00:02:15.500 folks in revenue collective because they're going to want to listen. They're going to 32 00:02:15.580 --> 00:02:21.460 want to learn about what people at other businesses who are executive revenue operators are 33 00:02:21.539 --> 00:02:23.539 doing to grow their business. No, not just in the challenging times that 34 00:02:23.580 --> 00:02:27.539 we have here, but but all the time. So I get a sense 35 00:02:27.659 --> 00:02:30.090 that will have a lot of great listeners from from revenue collective, but there 36 00:02:30.129 --> 00:02:35.490 will also be people who stumble across this or get recommended to this podcast who 37 00:02:35.490 --> 00:02:38.050 don't know a lot about revenue collective. Could you tell the audience just a 38 00:02:38.090 --> 00:02:42.370 little bit more holistically about what what the revenue collective is? Yeah, and 39 00:02:43.330 --> 00:02:49.960 it's fascinating to me because how the revenue collective is always in flux, which 40 00:02:49.960 --> 00:02:53.560 I love. But here's the why. Like revenue collector, is a global 41 00:02:53.599 --> 00:02:57.800 community of sales and marketing really go to market, include customer success, any 42 00:02:57.800 --> 00:03:01.030 customer facing function executives. That's and and Justin you were there at the beginning, 43 00:03:01.069 --> 00:03:06.030 Yep, you know, we were doing dinners with you and Adam Leeman 44 00:03:06.110 --> 00:03:07.590 and a bunch of other people in New York City back in like two thousand 45 00:03:07.590 --> 00:03:13.219 and two thousand and fourteen, and then one thing just sort of led to 46 00:03:13.259 --> 00:03:15.180 the next and well, we gave it a name in two thousand and sixteen 47 00:03:15.300 --> 00:03:19.699 and now it is a global community. So so what does that mean? 48 00:03:19.819 --> 00:03:22.699 So, first of all, what does it mean? Like what's the point? 49 00:03:23.060 --> 00:03:25.500 The point of revenue collective is that two things have been happening, and 50 00:03:25.699 --> 00:03:30.009 we're happening to me personally over the last really ten years. I've been doing 51 00:03:30.090 --> 00:03:34.250 leadership for seventeen, but ten is beginning. In two thousand and ten, 52 00:03:34.289 --> 00:03:37.370 when I left Curson them group and joined this company called axels, when like, 53 00:03:37.449 --> 00:03:39.490 the world became sort of in like start contrast, and that's that. 54 00:03:39.930 --> 00:03:44.560 First, the playbook for how to do the job. It continues to change. 55 00:03:44.599 --> 00:03:47.280 Right now it's changing by the minute. Determining what technology genie to use, 56 00:03:47.360 --> 00:03:51.240 what workflows, what tools, what teams, how you should manage them? 57 00:03:51.280 --> 00:03:53.120 Should they be field or inside? How do you move a field team 58 00:03:53.159 --> 00:03:57.750 to inside? What is a BM o? ABUM'S DAD? Now it's intent 59 00:03:57.789 --> 00:03:59.909 data. What's intent day to have? I do that. All of the 60 00:04:00.030 --> 00:04:02.669 thing about like how do we be good at our job? Those things are 61 00:04:02.710 --> 00:04:08.909 changing at the same time that the average tenure for all of us and it's 62 00:04:08.990 --> 00:04:11.340 I don't again, like I don't need to present this is some kind of 63 00:04:11.419 --> 00:04:15.539 nefarious scheme. There's not like an opponent or an adversary in this conversation. 64 00:04:15.740 --> 00:04:18.339 This is just a statement, which is that our average tenure, both at 65 00:04:18.379 --> 00:04:23.420 the middle manager and frontline manager level, but also particularly the executive level, 66 00:04:23.500 --> 00:04:27.410 is shrinking and last time we looked was seventeen months, you know, and 67 00:04:27.529 --> 00:04:30.129 frankly now I'm sure it's lower. And when I looked out at we look 68 00:04:30.129 --> 00:04:33.769 at it other communities that are out there for a few different reasons, which 69 00:04:33.810 --> 00:04:36.769 you know, I can expound on at length. But for a few different 70 00:04:36.769 --> 00:04:43.800 reasons, those communities didn't just serve the individual operator. oftentimes it was either 71 00:04:44.000 --> 00:04:46.720 because they needed to get as many people in as possible, because they were 72 00:04:46.800 --> 00:04:51.439 really the revenue model was selling sponsorships, or it was because the revenue model 73 00:04:51.439 --> 00:04:56.750 was selling corporate memberships, and so they had many different kind of constituents. 74 00:04:56.790 --> 00:05:00.750 I didn't see anything that was focused on your or my career, meaning it's 75 00:05:00.750 --> 00:05:03.829 going to provide a guide from job to job. I see a lot of 76 00:05:03.910 --> 00:05:10.060 people talking about the profession of sales and that's important to me, but the 77 00:05:10.180 --> 00:05:13.939 thing that's really motivating to me, the thing that's really most important to me, 78 00:05:13.980 --> 00:05:17.180 is not an abstraction about the profession of sales. It's about individual human 79 00:05:17.220 --> 00:05:24.009 beings and their ability to navigate an increasingly volatile world. It's not a bad 80 00:05:24.089 --> 00:05:27.970 world, there are opportunities in the world, but there wasn't a playbook for 81 00:05:28.050 --> 00:05:31.009 how to do that. And I also saw that certain constituents, certain groups 82 00:05:31.009 --> 00:05:35.759 of people, had information and others didn't, and specifically in the high growth 83 00:05:35.839 --> 00:05:39.759 world. But you know, just generally, I guess across the labor market 84 00:05:40.199 --> 00:05:45.040 the operating executives often were we're coming from a place of a lack of information, 85 00:05:45.079 --> 00:05:48.879 a lack of information about compensation, a lack of information about employment agreements, 86 00:05:49.110 --> 00:05:53.629 a lack of empowerment that you're allowed to negotiate for employment agreements, a 87 00:05:53.670 --> 00:05:57.670 lack of visibility on where all of the jobs were, a lack of mentors 88 00:05:57.910 --> 00:06:00.790 and other people to ask and talk to, to provide guidance, support and 89 00:06:00.870 --> 00:06:04.699 advice. So this is a very long winded way of of answering the question, 90 00:06:04.779 --> 00:06:09.019 but revenue collective is intended to be this thing that I call a career 91 00:06:09.100 --> 00:06:13.019 enablement platform and what I'm trying to do is I'm trying to and what we 92 00:06:13.139 --> 00:06:15.699 are trying to do, like the project that all of us are embarked on 93 00:06:15.740 --> 00:06:19.329 as members is to try and aggregate all of our collection of wisdom and then 94 00:06:19.410 --> 00:06:23.689 distill it into useful forms, to the point of the podcast, so that 95 00:06:23.970 --> 00:06:30.250 individual people have an easier job of navigating their careers, so that the likelihood 96 00:06:30.250 --> 00:06:31.490 that they get where they want to go, wherever it is that they want 97 00:06:31.490 --> 00:06:36.720 to go, is increased. We really hope you enjoyed that short clip from 98 00:06:36.800 --> 00:06:42.600 Justin as he interviews Sam Jacobs, founder of the revenue collective. Justin is 99 00:06:42.639 --> 00:06:46.040 going to be an extremely helpful and cool post. Again, just search the 100 00:06:46.189 --> 00:06:51.310 revenue collective podcasts and apple podcast or wherever you do. You're listening, subscribe, 101 00:06:51.350 --> 00:06:54.709 leave a review if you like it, and don't forget to tell a 102 00:06:54.750 --> 00:06:57.550 friend if you think they'd enjoy it. That wraps it up for this week, 103 00:06:57.589 --> 00:07:02.819 so don't forget to tune in next week. I hate it when podcasts 104 00:07:02.980 --> 00:07:06.420 incessantly ask their listeners for reviews, but I get why they do it, 105 00:07:06.779 --> 00:07:11.899 because reviews are enormously helpful when you're trying to grow a podcast audience. So 106 00:07:12.060 --> 00:07:14.779 here's what we decided to do. If you leave a review, for be 107 00:07:14.860 --> 00:07:17.569 to be growth in apple podcasts and email me a screenshot of the review. 108 00:07:17.730 --> 00:07:21.810 To James at Sweet Fish Mediacom I'll send you a signed copy of my new 109 00:07:21.889 --> 00:07:26.689 book. Content based networking. How to instantly connect with anyone you want to 110 00:07:26.769 --> 00:07:29.930 know. We get a review, you get a free book. We both 111 00:07:30.000 --> win.