“We have a whatever the total percentage of payout is going to be. 30%… If your sales management team was better than your sales team, move a few points over towards the sales managers.”

Dropping Bombs · Why Ferrari & Rolex Decide Who Gets to Buy

Play from 10:34
10:34

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What was described

Implemented a 30% total compensation pool and re-allocated points between salespeople and managers based on who closed deals

30% of every dollar

Said nearby on the same subject

“We train them with our models… over that 30, 60, 90 days… we take our deep bench of managers, give them the opportunity to visit a new site and help train a new manager, and often compensate them to do that.”
♫
Said on The Wash Exchange
How they work 30, 60, 90 days Share this moment
“If they talk 30% of the time, you’re going to have a 30% close rate… if they talk 70% of the time, you’ll have a 70% close rate”
CS
Chris Smith
Financial Advisor Success ·
Hard number 30% talk → ~30% close rate; 70% talk → ~70% close rate Share this moment
“We had 22-23 management meetings, zero letters of intent from private equity; the strategic buyer still closed the deal.”
♫
Said on MicroConf On Air
Business model 22-23 management meetings, 0 LOIs from private equity Share this moment
“Modern AI facilities use closed-loop liquid cooling… the same fluid just goes round and around… loses less water than a backyard pool.”
♫
Said on AI & Beyond

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