Lucas Price, Dr. Jim Kanichirayil
Building Elite Sales Teams
Constant churn. That's the reality for most B2B sales leaders. The average sales leader is in a role 18 months before moving on. It would be great if they were leaving on a high note. The reality is that most sales leaders are failing. Their teams aren't hitting targets and no amount of "feet on the street" will solve that problem. You can't volume your way to success. Want to build a 100 million ARR sales organization? Then you'll want to listen to someone who's been there and done that. Join Lucas Price, CEO of Yardstick, and learn from some of the best sales leaders in the US on how you can...
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Author
Lucas Price, Dr. Jim Kanichirayil
Category
Podcast website
Latest episode
Sep 13, 2024
Where to listen?
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Episodes
Trusting Your Gut in Hiring: When to Double Down and When to Move On 22.03.2024 34:15
Summary In this episode of Building Elite Sales Teams, host Lucas Price chats with John Pellet to unravel the tactics and strategies behind building high-performance sales teams in the tech industry. John sheds light on the delicate balance between coaching underperforming team members and making tough decisions about staffing changes. Listeners are invited into John's world, marked by resilience,...
Best of Episode: Building a Coaching Culture in Sales 15.03.2024 33:10
Summary In this episode, we explore the nuances of sales management development with Wesleyne Whitaker, an experienced leader in empowering sales managers to excel. Wesleyne offers a deep dive into how companies can shape their frontline sales leadership for lasting success and foster a robust, accountable sales culture. Wesleyne stresses the importance of investing in the development of sales man...
Consistent Communication - The Path to Accountability and High Performance 08.03.2024 24:53
Summary In this episode host Lucas Price is joined by Tim Strickland to delve into cultivating clarity and accountability in high-performing sales teams. The conversation navigates through Tim's remarkable journey from real estate to leading revenue-based roles in major tech companies, providing a real-world backdrop to the discussion on building elite sales units. Key themes include Tim's persona...
How Leading with Empathy Helps Build Elite Sales Teams 01.03.2024 32:40
Summary In this episode of Building Elite Sales Teams, Lucas Price sits down with sales leader Jackie Papazian to uncover the secrets behind cultivating high-performing sales teams. As they delve into the relationship between empathy and performance in sales and leadership roles, we all learn about some of the foundational elements needed for exceptional sales performance. Central to the conversat...
Navigating Difficult Conversations: Strategies for New Leaders 23.02.2024 26:15
Summary In this episode of "Building Elite Sales Teams," the audience is invited to learn from the expertise of Lucas Price, who delves into the often intricate process of managing challenging conversations in B2B sales environments. The episode begins with an introduction to the significance of such discussions and their impact on team turnover, emphasizing how mastering this skill is vital for n...
Promoting from Within vs. Hiring from Outside: Striking the Right Balance 16.02.2024 26:25
Summary In this episode of "Building Elite Sales Teams," Dr. Jim sits with Lucas Price to chat about building and maintaining dynamic sales teams in B2B tech sales. This discussion gears towards understanding the balance between promoting from within and injecting new insights from external hires to prevent the sales environment from becoming stale. The episode delves into Lucas's journey through...
The Key Factors to Consider When Choosing a Sales Methodology 09.02.2024 35:22
Summary In this episode, Lucas Price discusses the intricacies of selecting, adopting, and measuring the impact of sales methodologies with Paul Butterfield, founder of Revenue Flywheel Group. Delving into the nuances of strategies like MEDDIC, listeners are invited to explore the significance of proper implementation and the potential misconceptions surrounding such frameworks. Paul shares his wi...
How Constructive Competition Can Accelerate Sales Excellence 02.02.2024 33:47
Summary In this episode of Building Elite Sales Teams, Lucas Price chats with guest Steve Waters from ZoomInfo. We walk through how to identify and harness the unique 'superpowers' of individual team members. The conversation dives into Waters's personal journey from a musician to a top-tier sales leader, drawing parallels between mastering music and excelling in sales. The duo discusses the intri...
The Role of Accountability in Sales Success 26.01.2024 24:56
Summary In this episode, Lucas Price interviews Mike Muhfelder, a seasoned sales leader, about the challenges of screening and hiring top salespeople. They discuss the importance of patience and observation when evaluating candidates, as well as the need for candidates to take ownership of their situations and demonstrate accountability. Mike shares valuable insights on how to identify resilient a...
How to Drive Development and Results in Your Sales Team 19.01.2024 25:54
Summary Dr. Jim, teams up with Lucas Price, a founder with an impressive track record in sales leadership. Together, they debunk the common misconception that amassing an army of top-selling individuals is the singular route to a thriving sales organization. Instead, they advocate for a more nuanced and sustainable approach, emphasizing depth and health within a sales team. Over the course of thei...
Building a Coaching Culture in Sales 12.01.2024 33:10
Summary In this insightful episode, we explore the nuances of sales management development with Wesleyne Whitaker, an experienced leader in empowering sales managers to excel. Wesleyne offers a deep dive into how companies can shape their frontline sales leadership for lasting success and foster a robust, accountable sales culture. Wesleyne stresses the importance of investing in the development o...
The Power of People: How to Build a High Performing Sales Organization 05.01.2024 24:40
Summary Tracy Linne joins the podcast to discuss the importance of adapting to change and leading teams in a dynamic environment. She emphasizes the need for a strong people strategy in building high-performing sales teams and highlights the pillars of a successful team, including people, process, and technology. Tracy also emphasizes the importance of a long-term foundational mindset and the need...
The Power of Transparency: How to Successfully Navigate Change in Sales Organizations 29.12.2023 25:38
Summary In this episode, Dr. Jim interviews Lucas Price, the founder of Yardstick, about building elite sales teams and effectively communicating change within a sales organization. They discuss the challenges of managing rapid change, the impact of change on sales reps, and strategies for communicating change without losing team members. Lucas shares his experiences as a sales leader and provides...
From Startup to Exit: Lessons Learned on the Journey to Success 22.12.2023 24:29
Summary In this episode of "Building Elite Sales Teams," Dr. Jim interviews Lucas Price, the founder of Yardstick and former VP of Sales at Zipwhip. Lucas shares his journey of scaling Zipwhip's sales organization from less than a million dollars in ARR to over a hundred million dollars. He discusses the importance of aligning the sales leader's vision with the founder's vision, the role of self-a...
The Science of Building High-Performing Sales Teams 15.12.2023 26:16
Summary Joe McNeill emphasizes the importance of career development in building an elite sales team. He believes that hiring top-performing individuals is resource-intensive and not always successful, especially in rapidly growing startups. Instead, Joe suggests hiring smart people with energy and integrity and developing their skills over time. He advocates for creating a collaborative meritocrac...
The Importance of Accountability in Building High-Performing Sales Teams 08.12.2023 27:11
Summary Brian Weiner emphasizes the importance of putting people first when building elite sales teams. He believes that investing in and supporting your team is crucial for success. He also highlights the significance of transparency, accountability, and creating a welcoming and inclusive environment. Brian shares his principles for building an elite sales team, including the importance of unders...
Building Seller Onboarding Programs That Drive Results 01.12.2023 29:51
Summary Taylor Corr shares insights on building successful seller onboarding programs, setting high standards for sellers, and having clear benchmarks for team members. He emphasizes the importance of creating a specific and concrete onboarding program that removes guesswork for reps and provides structure and certainty. Taylor also highlights the need to focus on the ideal customer profile (ICP)...
Hiring for Success: Strategies for Identifying Top Sales Performers 24.11.2023 44:03
Summary The episode discusses the importance of a successful hiring process, particularly for sales roles. The guests emphasize the need to reduce uncertainty in the hiring process and highlight the significance of the interview process in predicting success in sales roles. They also discuss the elements of an ideal candidate profile, including specific experience, skills, and competencies. The gu...
How to Keep Your Sales Team Sharp and Motivated by Building a Continuous Improvement Culture 17.11.2023 23:22
Summary In this episode, Lucas Price interviews Dan Dionne, VP of Sales at Review Wave, about the key points in building an elite sales team. Dan emphasizes the importance of hiring the right people and not rushing the process. He believes that personality, style, and culture fit are more important than specific experience or education. Dan also discusses the significance of training and continuou...
How to Avoid Settling for Mediocre Sales Talent by Challenging Your Standards 10.11.2023 28:05
Summary Chip Neal shares his insights on building elite sales teams. He emphasizes the importance of finding the right talent, training them to meet expectations, and then allowing them to excel in their roles. Chip believes that hiring individuals who are smarter than you and have unique talents is crucial for building a successful team. He also highlights the significance of emotional intelligen...
Scorecarding for Success- How to Build an Elite Sales Team 03.11.2023 31:31
Summary Kyle Norton shares his insights on building elite sales teams. He emphasizes the importance of talent, systems engineering, playbooks, coaching development, and culture in creating a high-performing sales organization. He highlights the significance of repeatability and consistency in achieving success. Kyle also discusses the key elements of a scorecard and the importance of structured in...
Scorecards: The Secret to Hiring for High Performance 27.10.2023 3:20
Summary Lucas Price shares his insights on avoiding the mistake of hiring candidates who seem wonderful in interviews but end up being a bad fit for the team. He emphasizes the importance of structured interviews, asking the right questions, using scorecards focused on role requirements, and forming independent opinions. Lucas also highlights the value of post-interview debriefs and being open to...
Unveiling the Flaws in Traditional Interviewing Practices 27.10.2023 4:52
Summary Lucas Price discusses the common practices that companies use during interviews that often lead to hiring the best interviewers instead of the best employees for the role. He emphasizes the importance of proper planning and provides strategies to make the interviewing process more accurate. Lucas suggests carefully selecting and planning out each question ahead of time, asking a smaller nu...
Busting the Myth: Performance Management is Not Micromanaging 27.10.2023 3:56
Summary Lucas Price emphasizes the importance of having a plan and clear standards in order to build a culture of high performance within a sales team. He compares performance management to using a GPS, stating that without clear goals and regular check-ins, the team is likely to veer off course. Feedback in real time is essential for avoiding potential problems and adjusting the plan when necessa...
The Silent Killer: How Ignoring Performance Issues Can Destroy Your Sales Team 27.10.2023 3:12
Summary Neglecting performance issues within a sales team can have detrimental effects on trust, workload, culture, and revenue. When leaders fail to address underperforming team members, it sends a message that effort doesn't matter, leading to a breakdown in trust. This lack of accountability also places a heavier workload on high-performing team members, causing burnout and a decline in overall...
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