How to survive and succeed in high-pressure SaaS companies
Pree Sarkar
Sales Leader turned Top 1% Recruiter ?? ? Podcast Host ??? ? Investor ?? ? Author ??
How to survive and succeed in high-pressure SaaS companies with Jeremy Auerbach
Scale-ups have figured out how to get from A to B in sales.
In such a demanding environment, how can you keep the momentum — and get these companies from B to Z?
Whether you’re an IC or AE, you can succeed by using certain methodologies. Just look into these tips shared with us by Jeremy Auerbach.
Jeremy is a top dog in sales leadership for scale-ups and has worked at Salesforce, Mulesoft, and UIPath.
While there’s no single formula for success in scale-up sales, Jeremy has given us wonderful sales insights and frameworks.
Want to achieve club like Jeremy and have a rewarding sales career?
We listed our favourite insights from our conversation below!
Read now so you can start reaching your quarterly goals ASAP:
1. Work at scale-ups that create real, tangible value
Jeremy finds working for scale-ups rewarding because they create new opportunities for themselves and their customers while offering concrete value. In fact, his journey in scale-ups excited Jeremy more than closing potential deals. Since these companies often move agilely, they often eventually overcome challenges such as lack of resources and brand awareness.
Actionable tips
2. Be an “owner” if you want to succeed
Jeremey also shared this insight from Justin Borgman, CEO of Starburst. Justin emphasises that if you want to succeed working at a scale-up, you have to be an “Owner” or someone who can wear many hats. If you’re an owner, you can easily collaborate with different teams within an organisation, which exponentially grows your expertise in the business.
Actionable Tips:
3. Clarity is a superpower
Pree shared that people who are clear about what they want are far more likely to get it. More importantly, people who are specific about their wants and dislikes can easily avoid situations where they’re not a good fit. That’s why clarity increases your chance of succeeding in scale-ups. Working in scale-ups can be a rollercoaster ride, with expectations constantly changing. That’s why it’s important for you to clearly define your goals if you want to succeed.
Actionable Tips:
4. Use C-A-T Framework to survive and thrive
Jeremy suggests a framework for success in scale-ups, which involves acting like a C-A-T. C stands for curious. You have to be inquisitive about products, solutions, people, customers, and verticals. A as in Acumen, or big business acumen, is crucial for overcoming challenges and understanding the market. T as in Tenacity, or mental fortitude, is essential in scale-up sales. You need mental fortitude to overcome challenges, keep an eye on the prize, and drive growth.
Actionable Tips:
5. Have a sales methodology to exceed quotas
Sales methodology is crucial for success in today's market, as it provides a common language for teamwork and underpins larger strategic deals. With the average number of stakeholders to close an enterprise increasing to 15 people, Jeremy believes that sales methodology helps create a rhythm and common language for the team. Key principles like listening, communication, and being interested in people have been effective in combining sales methodologies with Dale Carnegie's "How to Win Friends and Influence People" book.
Actionable Tips:
6. Grow as an Individual Contributor (IC) by solving three challenges
Jeremy identifies three challenges to scaling up Salesforce as an IC: brand awareness, time management, and cutting out the noise. Brand awareness is crucial for rapid customer base expansion. Time management is essential for setting targets and navigating the complexities of scale-ups. Meanwhile, noise from various sources can create excitement, but it should be filtered and used to extract insights for moving up from being an IC. By focusing on these three aspects, ICs can contribute to the success of a scale-up.
Actionable Tips:
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7. Set yourself up for success in achieving club
Jeremy believes that to achieve club in the latter years of your tenure, you need to focus on new logo acquisition, understand your target markets, and prioritise cross-selling. In years two, three, and four, club success shows growth in your customer base, skills, and competition. Jeremy emphasises the importance of understanding your audience and setting yourself up for success to achieve club during your tenure.
Actionable Tips:
8. Balancing small deals and large enterprise deals
Jeremy discusses managing smaller deals versus large enterprise deals and achieving a run rate while pursuing more significant deals. How did he achieve this? He shared he used a sales methodology and understood stakeholders' personas and challenges. Jeremy also shared that Miller Heiman is a good tool for large strategic deals, as it helps in understanding stakeholders' personas and methodologies. Large deals can take time, so patience and collaboration are essential.
Actionable Tips:
9. Prepare for the difficulties of enterprise sales
Jeremy has made several mistakes in his career, including not looking into the realities of the enterprise market. He learned that it’s different from SMB and commercial sales, as there are more people to sell to and more politics involved in the enterprise market. So, expect to have more direct and pointed conversations. Nevertheless, the sales skills you’d learn are priceless.
Actionable Tips:
10. Qualifying Out is almost as important as Qualifying In
According to Jeremy, a major mistake he made was not properly learning how to qualify customers in his early days at Salesforce, MuleSoft, and UIPath. He suggests expanding your business scope to include 15 stakeholders to improve customer qualification. He also stresses the importance of "qualifying out" when working with interested customers and avoiding assumptions about meeting plans and deal outcomes. Instead, he recommends keeping an open mind and trusting yourself to make the right decisions.
Actionable Tips:
11. Use the MASS framework to foster sales culture
Sales culture is crucial for employee success and productivity. Its key aspects are: Mindset, Ability, Structure, and Systems—or MASS. To cultivate a positive sales culture, you have to focus on hiring the right people, having the right structure, and having the right systems in place. The MASS framework can also help you identify your best strengths and weaknesses, ensuring that your team, whether they’re new or experts, can thrive beyond their limitations.
Actionable Tips:
Final thoughts
Whether you’re an IC or a sales leader in a scale-up, you can succeed by becoming "owner," cultivating clarity, and learning the best sales methodologies. While you’re at it, don’t forget to use the C-A-T framework and the MASS framework.
About Jeremy Auerbach
Jeremy Auerbach is a top-performing Scale-Up AE and Sales Leader. He has worked with scale-ups like Salesforce, Mulesoft, and UIPath, where he achieved Club and Top Performances repeatedly.
About Pree Sarkar
Pree Sarkar is an Executive Recruiter and Talent Advisor to leaders at start-up and global technology companies. He is the Founder and Chief Advisor at?Switch Recruitment, a leading firm in the Asia Pacific Region.
LinkedIn rated him as a Top 1% Recruiter and he is also the #1 Best Selling Author for his book –?Switch, Stand out, Get noticed and Accelerate your career.
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Partnership Development | Alliances & Channel | Business Development | Ecosystem Enablement |Sales Conversion | Driving Scale in APAC | Expert in SaaS & Cloud Technologies.
1 年Great insights and a great reminder on the importance of deciding when to qualify out, rather then staying in the game and using a hope strategy to win.
Sr. Account Executive
1 年Pree’s interviews were recently recommended to me, super insightful with some great wisdom shared. Highly recommend! Thanks CJ Barton
Analytics & AI @ Salesforce - Strategy & Technology Advisor
1 年Nice one Jeremy Auerbach