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Paul Mazzola
Today, Paul is the CEO and Founder of Nivo Outdoor, a startup that makes those exact same self-leveling chairs. He’s also a member of the Kauffman Entrepreneur-In-Residence Program. In this episode, host and business coach Tom Ryan talks with Paul about how Nivo grew from concept to company, and the lessons learned along the way. As always, Tom is joined by producer and co-host Jason Pyles. Continue reading
Once you find a price point that fits, it’s time to do a little test marketing. This doesn’t need to be an elaborate process. You can easily test the price simply by talking to trusted friends, colleagues and advisors. Anyone who you can trust to give you candid advice is an ideal person to bring into the discussion.
Early on, as you tried to find the right price for your product, you might have asked those same people a fairly nebulous question like “What would you pay for this product?” or “How much should I charge for my service?” The more people you ask, the wider the range of feedback you tend to get. Continue reading
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In this final installment of the “Four Ps of Sales” series, host and business coach Tom Ryan nails down the two remaining concepts in hiring a great sales team: Skill sets and compensation. Learn why hiring the right person with the right skills for the sales system is often the best long-term strategy, and why it makes sense to hire for your level of compensation, rather than adjust compensation to hire a specific person.
To catch up on the “Four Ps of Sales,” check out: Overview; “Process” (Part 1, Part 2, and Part 3); and “Performance”; “Pay” (Part 1 and Part 2); and “People” (Part 1). Continue reading
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Salespeople are a critical resource for almost every business. It’s important to remember, however, that individual salespeople aren’t the solution to creating a professionalized sales process. To do their jobs well, they need to be part of a larger, highly optimized system. Too often, companies assume that they just need to hire someone with sales training. That’s wrong. To see great results in sales, you need to hire the right people.
In this solo podcast, host and business coach Tom Ryan examines the final “P” in the series: People. To catch up on the “Four Ps of Sales,” check out: Overview; “Process” (Part 1, Part 2, and Part 3); and “Performance”; “Pay” (Part 1 and Part 2). Continue reading
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How do you determine fair compensation for a sales rep? It’s a meaningful question for any company looking to expand their sales, because ultimately those sales reps will determine how much revenue you can generate. Finding that right number is a balancing act of base salary, incentives, the sales cycle and many other factors. It can be tricky to get it right.
In this episode, host and business coach Tom Ryan considers one example for creating optimized pay in a sales organization. As always, Tom is joined by co-host Jason Pyles. To catch up on the “Four Ps of Sales,” check out: Overview; “Process” (Part 1, Part 2, and Part 3); and “Performance”; and “Pay” (Part 1) Continue reading
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“Sales is a secret startup weapon!” exclaims host and business coach Tom Ryan. In today’s episode, Tom explores the third major element of the “Four Ps” of sales: Pay. The first big sales question startups generally ask is: “How much should we pay for sales?” It’s a big decision, and one that deserves some careful thought, even for established companies.
In this episode, host and business coach Tom Ryan guides listeners through the fundamental concepts behind establishing the right compensation for their sales teams. As always, Tom is joined by co-host Jason Pyles. To catch up on the “Four Ps of Sales,” check out: Overview; “Process” (Part 1, Part 2, and Part 3); and “Performance.” Continue reading
Image source: https://www.flickr.com/photos/peasap/
On a basic level, costs are easy to identify. For instance, let’s say your company is a bakery that makes organic cookies and snacks. Ingredients will be one of your most obvious costs. It’s fairly easy to work out your per-unit needs for each ingredient, and to scale that up to the bulk price your supplier will charge. Continue reading
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Now that we’re laid the groundwork for the “Four Ps of Sales” by thoroughly examining “Process,” it’s time to dive into the second P: “Performance.” Understanding the optimization of performance means having a firm grasp on your expenses, your gross revenues, and your overall revenue goals.
In this episode, host and business coach Tom Ryan guides listeners through the fundamentals of sales performance. As always, Tom is joined by co-host Jason Pyles. To catch up on the “Four Ps of Sales,” check out: Overview; “Process” (Part 1, Part 2, and Part 3). Continue reading
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In today’s episode, Tom wraps up the to simple questions that define the “Process” step of the “Four Ps of Sales.” Learn how sticky notes can help you determine the critical path for your sales sequence, and how to distinguish between a theoretical and realistic sales capacity.
As always, Tom is joined by co-host Jason Pyles. Click here to listen to part one, and here to listen to part two. Continue reading