WEBVTT

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Welcome to Sales Talk for CEOs. I'm glad you're

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here. I'll be interviewing CEOs who have successfully

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scaled their B2B sales organization. In each

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episode, I'll start by uncovering the sales background

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of each CEO, dig into the strategies they use

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to build their sales organization, and wrap it

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up with what the future holds. We'll cover the

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good, the bad, and the ugly of scaling a sales

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organization. I'm your host, Alice Hyman. Hi,

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I'm Alice Hyman. And today I'm launching a podcast

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specifically for CEOs who want to make a huge

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impact on sales in their organizations. They

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may already be doing this or they may just be

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starting, but... They want to learn from other

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CEOs who have done it, the good, the bad, and

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the ugly. And here to help me launch is my good

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friend and master storyteller, Park Howell. Hi,

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Alice. This is just an absolute honor to be on

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your inaugural show. Thanks for having me. This

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is so cool. I wish I had found you about 30 years

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ago when I was building my ad agency. I think

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it would have been way easier because I knew

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bupkis about selling myself. You know, I've heard

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a lot of CEOs tell me that, Park, that they wish

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they had met me a long time ago. Because one

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of the things that I do is, as you know, I help

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make sales easier. And who doesn't want to make

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sales easier at their sales organization? Yeah,

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you're absolutely right. And what I like about

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your positioning in the market, because as you

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know, I've been in the branding world for 35

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years, and that's been my core job is positioning

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folks, is the fact that you work specifically

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with CEOs, asking that tough question. Are sales

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where you want them to be? Right. And you always

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say no. Next question, of course, is, Well, is

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it your fault? And I really love that positioning

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for what you're doing with this program and what

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you do with your services. Yeah, I think that

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sometimes CEOs, especially if they've never been

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in sales, really don't feel like sales is their

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thing or that they should really. be involved

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very much in sales at their organization, especially

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the more mature companies that I work with that

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may be 5, 10, or even 30 years old. But my feeling

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is that a CEO always has a role in sales. From

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being the founder and maybe doing all of the

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selling to a 30 -year -old company where they

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may be ready to exit, they always have a role

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in sales. It just changes as the organization

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matures. begs the question then alice after all

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these years you are launching your own podcast

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and it's not about selling to ceos like many

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many shows are out there it's really about the

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ceo and how they can get better at helping to

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direct their revenue organization and that they

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have to be at the center of that in one way,

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shape, or form and how you help them do that.

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Right, exactly. So selling to CEOs is another

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problem that does need to be covered. However,

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that is not the one I am covering. It really

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is about how the CEO can help with the sales

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strategy. And more importantly, support that

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sales strategy wholeheartedly so that the sales

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team, you know, from CRO down or, you know, if

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you're a smaller company, you don't have a CRO

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yet, the director of sales, VP of sales, or even

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just sales manager, but that team can execute,

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right? In conjunction with marketing and customer

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success, because the world is changing and it's

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more, more quickly than ever, right? With COVID

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and everything that's happened. And so we're

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seeing the customer change the way they're buying.

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And we now have to become more... adept at engaging

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that buyer. And that means that we have to look

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at things a different way. We have to put ourselves

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out to the world in a different way. And that

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means that sales, marketing, and customer success

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have to think together about that journey of

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the customer and where they intersect with that.

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This is broader than just the sales team. The

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CEO must be involved because they've got to set

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that strategy, set that vision for how we're

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going to interact with the customer. bring all

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the teams together around that so that they can

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move forward and really help their customers.

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And by doing that, of course, you know, they

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gain more sales. Well, you have a long storied

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career in sales strategy consulting, and you

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come from the famous Miller -Hyman background.

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Would you share your backstory with us? I always

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am fascinated when I host my show, The Business

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of Story for the past six years is talking to

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these leaders like yourself and what got you

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going and what were the highs and lows that have

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really informed who you are today and leading

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up to why you're doing this show? Yeah, my backstory

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is a pretty interesting one considering the fact

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that I didn't start in sales, and I never intended

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to go into sales. It's pretty interesting. I

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started as a public school teacher. And I actually

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taught special education and I was a reading

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specialist for about 13 years before I ever went

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into business. So I really had no intention of

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being a salesperson or doing really anything

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related to sales. Little did I know once I got

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into sales that being a teacher is a lot like

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being a seller. You are constantly selling your

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ideas to... students and parents, right, to get

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them to do all kinds of fun things to learn.

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But I got catapulted into the world of sales

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because my father, as some of you know, was partners

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with Bob Miller in Miller Hyman. And he had bought

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Bob Miller out of the business in the late 80s

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and was growing the business with his wife, Diane.

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And they kept inviting me to come work for them

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full time. Now, I had been doing projects on

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the side for them for a long time, but they wanted

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me to work for them full time. And I kept saying,

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but I'm a teacher. So anyway, eventually. I did

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go work for them, and it was a lot of fun. I

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learned a ton. I worked with all the curriculum

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in the Miller -Hyman program, strategic selling

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and conceptual selling. I got to work with some

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of the largest customers. Of course, I started

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selling, even though that wasn't why they hired

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me. Specifically, they hired me more on the curriculum

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end of things, actually, Park, which was kind

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of interesting. And then I just naturally started

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working with our clients and selling. trained

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all of the Miller -Hyman programs for those years

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that I worked there. And I also trained the trainers

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and coached them to make sure they were successful.

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So all the stuff I learned to do as a teacher

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really helped coming forward into my sales career

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with Miller -Hyman and getting that launched.

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But it wasn't long before my dad decided he wanted

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to sell the company. And so I started my own

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company. Here we are. I started working with

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CEOs and I loved it so much that I've been doing

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it for over 20 years. Well, stories are always

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about those moments and the intersection of moments.

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So it's not surprising that you come out of the

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teaching world, but you were also raised in the

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selling world and to have those come together.

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I mean, really a podcast, a good podcast like

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yours here is nothing more than a teaching and

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instructional tool because people show up. to

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learn what can I do better? How can I get myself

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out of this problem? You know, we're not Seinfeld

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here just entertaining people. You've got to

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bring the teaching expertise. And so you've got

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decades of that and in sales. Take us back to

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a moment where it was really tough for you. Maybe

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you were selling it at Miller Hyman at the time,

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but you found yourself making a classic. sales

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mistake that you learned from that we could all

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learn from? Well, I have made many. And anybody

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who's been selling for any period of time has

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made many, many mistakes. But I've had to fix

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quite a few problems with clients and had some

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interesting things happen. Like one time when

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I was working with a company who sold textbooks,

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a rather large company that everyone would recognize.

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My dad thought it would be a great idea for me

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to work with that company because I had a background

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in education. So I knew about textbooks. I had

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been on the other side of textbooks adoptions

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and so seemed like a good idea. Well, I flew

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out to this conference for textbooks where all

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the leaders of this company, including the CEO,

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were gathering and just little old me and I was,

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you know, in my 30s maybe. And just had started,

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you know, really selling and met with all these

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people. I had prepared for days. Thought I had

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a great conversation with them. Didn't talk too

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much. Followed my call plan. Did everything just

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right. And I got back to the office and my stepmom,

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Diane, called me into her office and she said,

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they don't want to work with you. And I was like,

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what? They loved me. How is that possible, right?

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Uh, well they didn't, they did want Miller Heim

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and they did want the program. They just didn't

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want to work with me. Of course I was crushed,

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totally crushed park and, uh, couldn't figure

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out what had happened, but obviously I. did not

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present myself well to the CEO and a couple of

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the others, even though they were very nice to

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me. So I did not close that deal. They gave it

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to someone else to close and they got the commission

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too. In hindsight, at that time, did you go back

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thinking, well, I came out of there believing

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they loved me, but they didn't. Do you remember

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what happened in that session that went sideways?

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I just think that I was young and naive and these

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people were, you know, older than me and a lot

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wiser. And I was just doing what I had planned

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to do probably and not really paying attention,

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even though I was listening. I probably wasn't

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really reading the room very well. So I really

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don't know. I did call, actually, the person

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who I had the best relationship with and asked

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her what happened. And she said, you know, just

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the CEO and some of the other senior people.

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didn't feel like I would really be a good fit

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for the people I would be training. And she was

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trying to be nice, of course. I don't know. They

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probably just didn't like me. And, you know,

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I got over it, but I was crushed for months.

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So, yeah, I mean, that's just one small one.

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But, you know, I've had several accounts that

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I had to save a big beverage company, again,

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that everyone would recognize, you know, a global

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beverage company where I had Some really bad

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problems that were left over from the previous

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sales rep and had to walk into the CEO's office.

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I had never, you know, hadn't had much experience

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at that point with CEOs of multi -billion dollar

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companies. I was shaking like a leaf, you know,

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you know, again, I was all of maybe. 33 years

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old or something like that. And I managed to

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pull it off, but there were some moments where

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I was like, oh my God. I mean, people talk about

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imposter syndrome these days. I didn't even know

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what that was back then, but I certainly had

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it. You know, it was like, how can I talk to

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a CEO? Oh my gosh. But I did it, you know, and

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I was very successful in my career with Miller

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Hyman. And then, you know, when I left and it

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was the dot com time and I started working with

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CEOs of these startups and helping them start

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companies from scratch. And it just really went

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well, even though I had no idea what I was doing.

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I was just making it up as I went along. But

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what I learned over those years was how to start

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a sales team from scratch and how to do it well.

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Right. And then that morphed into me working

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with more mature companies, which I do now. And

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it's just been such a fun ride. And working with

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CEOs is just such a pleasure, especially those

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who are really innovative and progressive. And

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they really want sales at their organization

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to be great. They really want to serve their

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customers. And they really want to support. Everyone

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who supports the customer. You know, when I was

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a CEO, founder of my ad agency, Park &amp; Co., which

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I ran in Phoenix for 20 years, I was in complete

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la -la land, believing that our work alone would

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sell itself and we would get referral and whatever.

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And it did. I mean, we were successful for that

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first 10 years and we grew very quickly. We were

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kind of the new kids on the block and the work

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was just coming in. But once it was interesting,

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Alice, that we got settled as one of the agencies

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in Phoenix, all of a sudden the competition ramped

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up. And I didn't ramp up as a sales guy. I thought,

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well, you know, it's worked the first 10 years.

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It's going to work the second 10 years. And it

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was a major mistake on my part. I did hire a

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sales guy, brought him in. He lasted for about

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six months. Nothing came of that. And I, until

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I met you, would blame him. You know, why can't

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he bring in sales? And then I realized it wasn't

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him. It was me. I did not have a program for

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him to follow. Or did I understand the program

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he brought in thinking he was the sales pro and

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how it was going to work for us? And it didn't

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work for us. Again, not his fault. Is this something

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that you see a lot with founders and CEOs of

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companies of all sizes that we get so embroiled

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in the day -to -day operations, we think sales

00:14:46.559 --> 00:14:50.080
is someone else's job? Yeah, you are a perfect

00:14:50.080 --> 00:14:53.899
example, Park, of the CEOs that I work with.

00:14:53.980 --> 00:14:58.279
It usually is 10 or sometimes even 20 years in

00:14:58.279 --> 00:15:01.740
where they hit this plateau and they're just

00:15:01.740 --> 00:15:04.700
not growing. And it is oftentimes, like you said,

00:15:04.759 --> 00:15:08.580
because whatever they produce sold itself to

00:15:08.580 --> 00:15:10.799
some degree, right? Enough to really keep the

00:15:10.799 --> 00:15:16.179
company growing for a while. But it just... plateaus

00:15:16.179 --> 00:15:19.059
at some point. And then how do you get past that?

00:15:19.139 --> 00:15:21.840
And a lot of it can be because the CEO doesn't

00:15:21.840 --> 00:15:24.899
understand sales, maybe hired on some salespeople.

00:15:24.980 --> 00:15:28.039
I had one CEO, the company was, gosh, at least

00:15:28.039 --> 00:15:29.700
20 years old when I started working with them.

00:15:29.779 --> 00:15:33.100
They did want to exit. And so they were, you

00:15:33.100 --> 00:15:35.259
know, wanting to increase their sales to a certain

00:15:35.259 --> 00:15:37.779
point so that they could get, you know, of course,

00:15:37.799 --> 00:15:41.159
a better valuation and have a higher exit value.

00:15:41.620 --> 00:15:45.279
And the CEO said to me, Well, I've had three

00:15:45.279 --> 00:15:49.159
VPs of sales in here in three years and they

00:15:49.159 --> 00:15:52.840
were all terrible, terrible, you know, couldn't

00:15:52.840 --> 00:15:56.440
do their job, you know? And so I said, oh gosh,

00:15:56.620 --> 00:15:58.500
you know, tell me some more about that. We talked

00:15:58.500 --> 00:15:59.860
through it, we talked through it. And she looked

00:15:59.860 --> 00:16:03.620
at me and she goes, oh, it wasn't them. I get

00:16:03.620 --> 00:16:07.200
it now. It was me. Just like you said, Park,

00:16:07.419 --> 00:16:09.580
you didn't really have a system in place. You

00:16:09.580 --> 00:16:13.440
didn't have the vision for sales or the... strategy

00:16:13.440 --> 00:16:16.000
for sales. You expected them to bring that into

00:16:16.000 --> 00:16:19.259
your company. Now, Alice, I didn't want to do

00:16:19.259 --> 00:16:22.100
sales. I wanted to do advertising and marketing

00:16:22.100 --> 00:16:24.299
and creative work. It'd be so good that people

00:16:24.299 --> 00:16:26.639
would just naturally be drawn to us. And it just

00:16:26.639 --> 00:16:30.460
didn't work because what it did is it drew all

00:16:30.460 --> 00:16:33.399
of the big agency competitors in because we now

00:16:33.399 --> 00:16:35.480
have their attention and they're like, who's

00:16:35.480 --> 00:16:38.039
this upstart? We're going to go after their business

00:16:38.039 --> 00:16:40.639
and knock them off. And so I'm curious too, how

00:16:40.639 --> 00:16:43.059
many CEOs do you run into? into that are just

00:16:43.059 --> 00:16:45.960
like, I don't want to do these sales. I don't

00:16:45.960 --> 00:16:49.409
want to sell my thing. A lot of them, and they

00:16:49.409 --> 00:16:51.230
shouldn't be selling, especially if their company's

00:16:51.230 --> 00:16:53.350
10 years old and they have a sales team, right?

00:16:53.450 --> 00:16:55.750
Now, at the beginning, CEOs sell because when

00:16:55.750 --> 00:16:57.370
you're the founder and you start a company, you

00:16:57.370 --> 00:16:59.590
sell. That's what you do. That's part of it,

00:16:59.629 --> 00:17:03.110
although they don't want to necessarily. And

00:17:03.110 --> 00:17:06.170
many CEOs that I work with have zero sales experience

00:17:06.170 --> 00:17:07.970
other than selling at their own company when

00:17:07.970 --> 00:17:10.589
they founded it. So 10 years in, 20 years in,

00:17:10.650 --> 00:17:13.950
now they've built this sales organization. And

00:17:13.950 --> 00:17:16.329
some of it's really humming along and working

00:17:16.329 --> 00:17:19.230
and some of it's not. Or they've hit this plateau

00:17:19.230 --> 00:17:22.049
again. And yeah, they don't want to be the one

00:17:22.049 --> 00:17:24.329
to sell. And at that point, they shouldn't be

00:17:24.329 --> 00:17:26.750
the one to sell. But they absolutely should be

00:17:26.750 --> 00:17:30.309
setting the strategy, setting that vision, making

00:17:30.309 --> 00:17:32.730
sure that the sales, marketing, and customer

00:17:32.730 --> 00:17:36.170
success are working together in harmony to support

00:17:36.170 --> 00:17:39.549
that customer and providing the budget that's

00:17:39.549 --> 00:17:43.289
needed to do a great job. And really providing

00:17:43.289 --> 00:17:46.920
that support and the encouragement. A lot of

00:17:46.920 --> 00:17:48.839
times the CEOs think, well, what do they need

00:17:48.839 --> 00:17:51.460
me to say, oh, good job for? Well, are you kidding

00:17:51.460 --> 00:17:54.339
me? They're selling for your company. Of course

00:17:54.339 --> 00:17:56.240
you should say good job when they close a big

00:17:56.240 --> 00:17:59.099
deal. It's super important and it matters to

00:17:59.099 --> 00:18:02.440
the salespeople. So I think that the CEO's role,

00:18:02.579 --> 00:18:05.940
again, changes through the life cycle of the

00:18:05.940 --> 00:18:09.039
company. But at the point where you're 20 years

00:18:09.039 --> 00:18:12.380
old and the company's 20 years old, you've got

00:18:12.380 --> 00:18:16.009
a plateau and you've got to change things. That

00:18:16.009 --> 00:18:18.630
can only come from the most senior level in an

00:18:18.630 --> 00:18:21.069
organization. That can't come from the sales

00:18:21.069 --> 00:18:24.130
organization or just be the marketing's fault

00:18:24.130 --> 00:18:26.490
or marketing's problem or it's customer success.

00:18:26.569 --> 00:18:30.589
No, it's all of you and you all report into the

00:18:30.589 --> 00:18:34.170
CEO and the CEO needs to make adjustments in

00:18:34.170 --> 00:18:36.450
that organizational structure and how people

00:18:36.450 --> 00:18:39.589
work together and the tools and the support mechanisms

00:18:39.589 --> 00:18:44.380
to make things really work. So in your line of

00:18:44.380 --> 00:18:46.519
work, Alice, I would imagine in your discovery

00:18:46.519 --> 00:18:49.579
process, you have to go in and understand probably,

00:18:49.640 --> 00:18:52.279
well, a lot of things, but in my mind, two major

00:18:52.279 --> 00:18:54.940
things. Where is the company right now? What

00:18:54.940 --> 00:18:58.960
is its opportunity for growth? And it sounds

00:18:58.960 --> 00:19:00.940
like all the customers you work with have this

00:19:00.940 --> 00:19:03.140
tremendous opportunity for growth. They're not

00:19:03.140 --> 00:19:04.599
living into it because they don't have their

00:19:04.599 --> 00:19:07.000
sales strategy together. So that's probably the

00:19:07.000 --> 00:19:08.940
first thing. Where's the company? But then you

00:19:08.940 --> 00:19:11.400
probably have to really understand what the mindset

00:19:11.400 --> 00:19:14.759
is of the CEO. and where they are on their own

00:19:14.759 --> 00:19:18.440
career trajectory as founder, business owner,

00:19:18.559 --> 00:19:21.819
and marry those two together so that you can

00:19:21.819 --> 00:19:23.599
coach them and provide the strategies that are

00:19:23.599 --> 00:19:25.779
going to work quickly, as quickly as possible

00:19:25.779 --> 00:19:29.700
for them. That is absolutely right. So I've got

00:19:29.700 --> 00:19:32.119
to see where they are and where they want to

00:19:32.119 --> 00:19:35.220
go. And then I need to understand the CEO's mindset.

00:19:35.480 --> 00:19:38.259
And from there, I can help them build the strategy

00:19:38.259 --> 00:19:40.900
that they need and then build the sales organization

00:19:40.900 --> 00:19:44.130
that they need to support the customers that

00:19:44.130 --> 00:19:47.269
they want to bring in, right? And keep the company

00:19:47.269 --> 00:19:49.829
growing at the pace they want it to grow. Many

00:19:49.829 --> 00:19:52.109
of these CEOs have brought in private equity

00:19:52.109 --> 00:19:55.970
or they were already private equity backed, but

00:19:55.970 --> 00:19:58.250
they wanted to maybe launch a new product or

00:19:58.250 --> 00:20:00.630
change some things. So they either took some

00:20:00.630 --> 00:20:03.750
debt or equity and now they have even more pressure

00:20:03.750 --> 00:20:07.180
on them. perform, but also they may want to exit,

00:20:07.319 --> 00:20:09.339
especially when you're starting to see companies

00:20:09.339 --> 00:20:12.259
that are 20 and 30 years old. The owner -founder

00:20:12.259 --> 00:20:14.720
may be ready to exit, pass it down to their kids,

00:20:14.900 --> 00:20:18.559
sell to another firm, be acquired, or they may

00:20:18.559 --> 00:20:21.259
be trying to do acquisitions. and make themselves

00:20:21.259 --> 00:20:24.039
bigger. So there's all these different things

00:20:24.039 --> 00:20:28.000
that CEOs want to do, and sales directly impacts

00:20:28.000 --> 00:20:31.880
their ability to do all of those things. And

00:20:31.880 --> 00:20:35.519
you know, as a CEO, Park, what do you really

00:20:35.519 --> 00:20:38.079
want? You want the freedom. You want the choice.

00:20:38.299 --> 00:20:41.940
You want... to do what you want to do, right?

00:20:42.240 --> 00:20:45.619
And so in order to do that, sales have to be

00:20:45.619 --> 00:20:48.420
up. So your valuation is high and then you have

00:20:48.420 --> 00:20:53.559
many, many choices. So let me ask you, how often

00:20:53.559 --> 00:20:58.880
do you get pushback from CEOs of saying, Alice,

00:20:59.000 --> 00:21:02.200
that's not my job. That's my chief revenue officer's

00:21:02.200 --> 00:21:04.960
job. That's my head of sales job. Why are you

00:21:04.960 --> 00:21:07.680
pestering me with this? Well, most of the CEOs

00:21:07.680 --> 00:21:11.170
that I work with, have got some idea that it

00:21:11.170 --> 00:21:15.029
is their responsibility, their role. That's why

00:21:15.029 --> 00:21:16.630
they've come to me, right? They're like, I know

00:21:16.630 --> 00:21:19.230
I need to play a role in this. I'm not sure exactly

00:21:19.230 --> 00:21:22.369
what it is or how to make it happen. But I do

00:21:22.369 --> 00:21:24.809
hear them saying things like, well, isn't that

00:21:24.809 --> 00:21:27.170
what marketing is supposed to do? Or isn't that

00:21:27.170 --> 00:21:29.450
what sales is supposed to do? Yes, it is. But

00:21:29.450 --> 00:21:32.089
the question is, are you enabling them to do

00:21:32.089 --> 00:21:34.650
it, right? So if you look at the revenue operations

00:21:34.650 --> 00:21:38.089
of your company, and again, back to sales, marketing,

00:21:38.170 --> 00:21:40.390
and customer success, all of those who support

00:21:40.390 --> 00:21:42.950
the company, and you could even wrap operations

00:21:42.950 --> 00:21:45.309
and production into that too, because they're

00:21:45.309 --> 00:21:47.750
producing the goods and getting them out to the

00:21:47.750 --> 00:21:51.769
customer or providing the services. So the whole

00:21:51.769 --> 00:21:54.750
organization has to work together really well

00:21:54.750 --> 00:21:58.750
to support the customer. You as the CEO don't

00:21:58.750 --> 00:22:02.470
recognize your role. You do maybe think that

00:22:02.470 --> 00:22:05.779
it is someone else's responsibility. Once you've

00:22:05.779 --> 00:22:07.819
set that strategy and that vision and you've

00:22:07.819 --> 00:22:10.619
given everybody what they need, it is their responsibility

00:22:10.619 --> 00:22:13.539
and you do need to hold them accountable. That's

00:22:13.539 --> 00:22:16.000
a big problem I see today is there are sales

00:22:16.000 --> 00:22:19.319
teams doing all kinds of things. The CEO doesn't

00:22:19.319 --> 00:22:22.400
really know what they're doing and they're not

00:22:22.400 --> 00:22:25.619
being held accountable. And so they're not hitting

00:22:25.619 --> 00:22:29.069
the numbers that they're expected to hit. the

00:22:29.069 --> 00:22:30.769
number may be a whole nother problem because

00:22:30.769 --> 00:22:33.849
it maybe was pulled out of thin air. And that's

00:22:33.849 --> 00:22:36.309
again, because the CEO didn't really know how

00:22:36.309 --> 00:22:39.869
to set the strategy and the investors were putting

00:22:39.869 --> 00:22:42.930
a lot of pressure on them. So we can have realistic

00:22:42.930 --> 00:22:46.950
numbers that our teams can hit, right? But we

00:22:46.950 --> 00:22:50.470
do have to have that vision and that strategy

00:22:50.470 --> 00:22:53.410
in place and all of these departments working

00:22:53.410 --> 00:22:55.450
together. And again, that's why when I talk sales,

00:22:55.829 --> 00:23:00.390
I'm talking to the CEO because Only the CEO can

00:23:00.390 --> 00:23:03.210
make the kinds of decisions that need to be made,

00:23:03.269 --> 00:23:06.769
can set the strategy, can have the vision. Only

00:23:06.769 --> 00:23:09.230
a CEO can do that. A sales leader can't do that.

00:23:09.369 --> 00:23:11.869
They have to look up to their leadership team

00:23:11.869 --> 00:23:15.569
to provide that to them. And they cannot, on

00:23:15.569 --> 00:23:17.650
their own, make the changes that are needed in

00:23:17.650 --> 00:23:21.329
today's market to really help their company have

00:23:21.329 --> 00:23:23.630
the growth that is needed. It has to be done

00:23:23.630 --> 00:23:26.480
at the senior level, and it has to be... an effort

00:23:26.480 --> 00:23:28.660
between all departments that serve the customer.

00:23:28.940 --> 00:23:32.200
And Alice, is that why you have really separated

00:23:32.200 --> 00:23:35.740
yourself from the sales coaches and strategists

00:23:35.740 --> 00:23:38.039
in the world who primarily work with the chief

00:23:38.039 --> 00:23:40.779
revenue officers or the head of sales? And you

00:23:40.779 --> 00:23:45.119
are really specifically about that CEO and founder

00:23:45.119 --> 00:23:47.519
because you feel like that's where you're going

00:23:47.519 --> 00:23:50.079
to have the biggest impact. 100 % because if

00:23:50.079 --> 00:23:52.420
I... work just with the sales leader, which I

00:23:52.420 --> 00:23:54.839
have done in the past. They start telling you

00:23:54.839 --> 00:23:56.940
how marketing doesn't do this and customer success

00:23:56.940 --> 00:23:59.700
doesn't do that and all the problems that they're

00:23:59.700 --> 00:24:02.940
having. And the CEO won't let them do this or

00:24:02.940 --> 00:24:05.779
won't give them a budget for that. So now we're

00:24:05.779 --> 00:24:09.400
stuck. We're stuck in this place where, okay,

00:24:09.579 --> 00:24:11.859
well, what can I do about their marketing team

00:24:11.859 --> 00:24:14.339
or their customer success team? I can do nothing,

00:24:14.359 --> 00:24:16.880
so I can't fix those problems. I can help them

00:24:16.880 --> 00:24:20.480
level up their sellers. I can help them with

00:24:20.480 --> 00:24:22.920
the sales organization that reports to them.

00:24:22.980 --> 00:24:26.299
I can do some things, but it won't be a significant

00:24:26.299 --> 00:24:31.839
enough change unless the CEO can support all

00:24:31.839 --> 00:24:34.250
of those changes that we need. and get these

00:24:34.250 --> 00:24:37.730
teams to work together in concert to really support

00:24:37.730 --> 00:24:40.730
the customer. So we can only go so far if we

00:24:40.730 --> 00:24:44.829
don't have the CEO 100 % behind us and supporting

00:24:44.829 --> 00:24:48.559
us in the way that we need them to. In planning

00:24:48.559 --> 00:24:50.740
of your show here, I know you've done a whole

00:24:50.740 --> 00:24:53.539
lot of research on the different podcasts that

00:24:53.539 --> 00:24:55.759
are available out there in sales, and you found

00:24:55.759 --> 00:25:00.420
that really no one show speaks directly to the

00:25:00.420 --> 00:25:03.680
CEO and what they can do. Was that the impetus

00:25:03.680 --> 00:25:05.519
behind this? Because you've got a lot on your

00:25:05.519 --> 00:25:07.619
plate already, and you're already very busy.

00:25:07.680 --> 00:25:12.460
Why did you take on now the onerous, and I know

00:25:12.460 --> 00:25:15.680
after doing them for six years, effort of putting

00:25:15.680 --> 00:25:19.420
together this marvelous show? Yeah, there are

00:25:19.420 --> 00:25:23.720
tons of fabulous sales podcasts out there. I

00:25:23.720 --> 00:25:26.460
listen to them. A lot of my friends are the hosts.

00:25:26.619 --> 00:25:30.259
I love them. But they don't speak specifically

00:25:30.259 --> 00:25:34.319
to the CEO about sales and what they can do to

00:25:34.319 --> 00:25:38.109
really... improve the whole revenue operations

00:25:38.109 --> 00:25:41.450
of their company. They're not really talking

00:25:41.450 --> 00:25:44.630
to the leader of the company about the future

00:25:44.630 --> 00:25:47.390
of sales and the changes that are coming that

00:25:47.390 --> 00:25:50.490
the CEO is going to need to adjust to. They're

00:25:50.490 --> 00:25:54.150
addressing a lot of important issues around sales,

00:25:54.349 --> 00:25:58.410
but not specifically what the CEO should be doing

00:25:58.410 --> 00:26:02.369
to support. So they get the growth they need

00:26:02.369 --> 00:26:04.809
and their company gets the valuation it needs.

00:26:04.950 --> 00:26:08.890
And then back to having many, many choices. And

00:26:08.890 --> 00:26:13.430
who will be appearing on your show? CEOs. So

00:26:13.430 --> 00:26:16.829
I have CEOs and founders, CEOs and founders.

00:26:17.150 --> 00:26:20.990
Most of the guests that are coming are CEOs of

00:26:20.990 --> 00:26:24.250
more mature companies. Their revenues are usually

00:26:24.250 --> 00:26:27.430
10 million plus. A lot of them started their

00:26:27.430 --> 00:26:29.609
companies, so they were founders before they

00:26:29.609 --> 00:26:34.349
were CEOs. And they have built their sales organization

00:26:34.349 --> 00:26:38.190
to what it is today and have had some challenges

00:26:38.190 --> 00:26:40.230
and some successes that they're going to share.

00:26:40.910 --> 00:26:43.009
And we're also going to talk about the future

00:26:43.009 --> 00:26:45.809
and what they see in the future of what they're

00:26:45.809 --> 00:26:47.170
going to need to do and how they're going to

00:26:47.170 --> 00:26:50.329
need to change to keep up the pace that they

00:26:50.329 --> 00:26:52.670
want for their growth and get their valuation

00:26:52.670 --> 00:26:56.759
where they'd like it to be. Now, with every CEO,

00:26:57.160 --> 00:27:00.160
they have successes, but we all have tremendous

00:27:00.160 --> 00:27:02.400
failures. Are you going to be able to pull some

00:27:02.400 --> 00:27:04.539
of those out of them? Because I found that that's

00:27:04.539 --> 00:27:06.759
really where the juice is. People want to know

00:27:06.759 --> 00:27:10.599
where their misstep was, how your listeners,

00:27:10.640 --> 00:27:13.339
viewers can avoid that, and more importantly,

00:27:13.460 --> 00:27:15.799
what are the steps that can be taken to either

00:27:15.799 --> 00:27:18.519
both avoid it and or get yourself out of it as

00:27:18.519 --> 00:27:20.579
quickly as possible. Are you going to be sharing

00:27:20.579 --> 00:27:22.920
a lot of your advice on these episodes? Well,

00:27:22.960 --> 00:27:26.119
I want CEOs to learn from CEOs, right? So they're

00:27:26.119 --> 00:27:28.420
going to be sharing a lot of, like I said, the

00:27:28.420 --> 00:27:29.660
good, the bad, and the ugly, because that's how

00:27:29.660 --> 00:27:31.619
we learn. And we learn from those failures, and

00:27:31.619 --> 00:27:34.000
they learn from their failures. So we want to

00:27:34.000 --> 00:27:38.839
all hear about that, of course. It will be a

00:27:38.839 --> 00:27:41.819
lot of fun, I think, talking with these CEOs

00:27:41.819 --> 00:27:43.880
to also be able to give them a little bit of

00:27:43.880 --> 00:27:47.200
coaching on what they could have done possibly

00:27:47.200 --> 00:27:50.740
or what they can do next. And I know that these

00:27:50.740 --> 00:27:53.480
CEOs will be open to that because they all really

00:27:53.480 --> 00:27:56.759
want to grow and they really want to support

00:27:56.759 --> 00:28:01.700
sales at their company. So what are like the

00:28:01.700 --> 00:28:06.880
top three things that you often encounter? with

00:28:06.880 --> 00:28:10.099
a CEO that is standing in their way, that is

00:28:10.099 --> 00:28:13.460
an obstacle to their success that we can share

00:28:13.460 --> 00:28:16.119
right now so any viewer listening out there can

00:28:16.119 --> 00:28:18.779
go, yep, I'm one, two, or all three of those.

00:28:19.319 --> 00:28:22.160
Yeah, I think the very first and probably most

00:28:22.160 --> 00:28:26.119
important thing is the mindset. The CEO's mindset

00:28:26.119 --> 00:28:29.680
around sales really matters. If they think that

00:28:29.680 --> 00:28:31.819
it's something they don't want to be involved

00:28:31.819 --> 00:28:33.940
with, they don't want to do, they don't really

00:28:33.940 --> 00:28:38.319
like sales, That's a tough one because that bleeds

00:28:38.319 --> 00:28:40.660
through into everything that they do, right?

00:28:40.859 --> 00:28:43.119
And it bleeds through to how they feel about

00:28:43.119 --> 00:28:45.980
sales, their sales team, and what their sales

00:28:45.980 --> 00:28:49.859
team does. And so I think that mindset is really

00:28:49.859 --> 00:28:53.180
important. We need to get their mindset around

00:28:53.180 --> 00:28:56.900
sales to be a positive one and have them be able

00:28:56.900 --> 00:28:59.880
to communicate that positive mindset. So I think

00:28:59.880 --> 00:29:03.640
that is something that I see a lot and we have

00:29:03.640 --> 00:29:06.519
to work with that. So that's probably the first

00:29:06.519 --> 00:29:10.140
thing. I think the second thing is that many

00:29:10.140 --> 00:29:14.000
CEOs don't really know what modern selling is.

00:29:14.920 --> 00:29:18.180
They don't really know how modern buyers want

00:29:18.180 --> 00:29:21.839
to buy. Really, it's not their job to know that.

00:29:21.940 --> 00:29:25.700
That's what their marketing and sales team should

00:29:25.700 --> 00:29:27.339
bring to them. You know, the leaders of those

00:29:27.339 --> 00:29:29.640
teams should bring to them what is modern selling

00:29:29.640 --> 00:29:32.759
today and how does it work and how is the customer

00:29:32.759 --> 00:29:37.660
buying? Many CEOs have an idea of how they did

00:29:37.660 --> 00:29:39.619
sales if they ever did sales before they started

00:29:39.619 --> 00:29:42.599
their company. Maybe that was 20, 30 years ago.

00:29:43.480 --> 00:29:45.779
Those things that they did then that worked beautifully

00:29:45.779 --> 00:29:48.740
don't work anymore. So they might be asking their

00:29:48.740 --> 00:29:51.480
sales team to do the wrong activities. And they

00:29:51.480 --> 00:29:53.539
might be putting pressure on their sales team

00:29:53.539 --> 00:29:57.339
to do the wrong types of behaviors because that's

00:29:57.339 --> 00:30:00.859
what worked when they were selling or in the

00:30:00.859 --> 00:30:03.319
early days of their company, these things did

00:30:03.319 --> 00:30:06.559
work. But they don't work anymore. So we have

00:30:06.559 --> 00:30:11.039
to help the CEOs understand what modern sellers

00:30:11.039 --> 00:30:14.430
should be doing. and what modern buyers respond

00:30:14.430 --> 00:30:16.670
to. So it's really about customer engagement.

00:30:16.829 --> 00:30:19.450
So that's the second thing. Get them to understand

00:30:19.450 --> 00:30:22.490
what customer engagement looks like today so

00:30:22.490 --> 00:30:25.569
they can support their team in doing it. And

00:30:25.569 --> 00:30:28.190
then I'd probably say the third thing is really

00:30:28.190 --> 00:30:31.150
helping them understand if they have the right

00:30:31.150 --> 00:30:34.750
people in place, right? So to grow this organization

00:30:34.750 --> 00:30:37.480
to where you want to grow it. Did you hire the

00:30:37.480 --> 00:30:41.019
right people? Do you have the right people? Have

00:30:41.019 --> 00:30:43.480
you had some sales leaders with you for 20 years

00:30:43.480 --> 00:30:46.380
who just can't move the direction you're moving?

00:30:46.519 --> 00:30:50.500
I have this with a company that sold into hospitals,

00:30:50.619 --> 00:30:53.220
some very expensive software into hospitals.

00:30:53.539 --> 00:30:57.019
And the CEO had been in sales in the early days

00:30:57.019 --> 00:31:00.220
and had been very successful. And they were at

00:31:00.220 --> 00:31:03.319
a plateau and they really needed to move forward.

00:31:03.339 --> 00:31:06.109
And he knew that. But he couldn't quite put his

00:31:06.109 --> 00:31:09.650
finger on what it was. And so after I worked

00:31:09.650 --> 00:31:11.750
with him for a while, I understood his mindset

00:31:11.750 --> 00:31:14.430
and it was good. And he did know what needed

00:31:14.430 --> 00:31:17.690
to happen and what was modern selling. But the

00:31:17.690 --> 00:31:20.029
two sales leaders that he had in place had been

00:31:20.029 --> 00:31:23.970
there a long, long time. And even though the

00:31:23.970 --> 00:31:27.910
CEO had set a vision. for the future and set

00:31:27.910 --> 00:31:31.170
a new strategy. They just couldn't come forward

00:31:31.170 --> 00:31:34.390
into that. And we did end up having to let one

00:31:34.390 --> 00:31:36.529
of them go off to a new adventure, you know,

00:31:36.549 --> 00:31:39.250
very gracefully, always part ways gracefully.

00:31:39.349 --> 00:31:41.309
And then the other one, we moved into a different

00:31:41.309 --> 00:31:44.930
position to manage really large accounts. And

00:31:44.930 --> 00:31:48.089
we brought in a new CRO who really understood.

00:31:49.099 --> 00:31:51.640
what the future of sales was all about. And it

00:31:51.640 --> 00:31:54.079
made a huge difference, but we just were stuck.

00:31:54.319 --> 00:31:57.640
I had done all kinds of things to try to make

00:31:57.640 --> 00:31:59.859
it work. And I came back to that CEO and I said,

00:31:59.960 --> 00:32:02.259
it's not going to work because these leaders

00:32:02.259 --> 00:32:05.380
won't allow it. They are stuck in their ways

00:32:05.380 --> 00:32:07.839
of 20 years ago and they're not going to change.

00:32:08.000 --> 00:32:10.420
So this is a really hard decision because the

00:32:10.420 --> 00:32:13.559
CEO had been with these people for a long time

00:32:13.559 --> 00:32:15.599
and they were friends. He didn't want to let

00:32:15.599 --> 00:32:19.049
them go, right? But he had to make these changes

00:32:19.049 --> 00:32:21.630
or his company would have stayed right where

00:32:21.630 --> 00:32:24.130
it was. So sometimes CEOs have to make really

00:32:24.130 --> 00:32:28.369
hard decisions. But again, the sales team leader,

00:32:28.630 --> 00:32:31.329
the whole sales team couldn't fix that. It was

00:32:31.329 --> 00:32:34.829
broken and they weren't fixing it. The CEO had

00:32:34.829 --> 00:32:39.329
to fix it. So it comes down to the three M's

00:32:39.329 --> 00:32:43.089
of overcoming your sales problems. Fix your mindsets.

00:32:43.809 --> 00:32:46.089
Understand modern selling and surround yourself

00:32:46.089 --> 00:32:49.750
with magnificent salespeople. That's absolutely

00:32:49.750 --> 00:32:52.829
right. We've recorded this, right? So we better

00:32:52.829 --> 00:32:55.710
write that down. Did you record? Yeah, I think

00:32:55.710 --> 00:32:58.170
we're good. Yeah, yeah, I think we did. Oh, my

00:32:58.170 --> 00:33:01.289
gosh, yeah. This has just been amazing, Park.

00:33:01.450 --> 00:33:05.309
I so appreciate you getting this story out of

00:33:05.309 --> 00:33:08.750
me so that everyone can understand. what this

00:33:08.750 --> 00:33:11.069
podcast is going to be about and who it's going

00:33:11.069 --> 00:33:14.069
to be for. It is for CEOs, but of course, all

00:33:14.069 --> 00:33:17.650
sales leaders as CROs and CMOs, you should listen

00:33:17.650 --> 00:33:21.630
to because you can help your CEO. You can help

00:33:21.630 --> 00:33:24.390
them get to where they need to be. You can help

00:33:24.390 --> 00:33:29.509
them with their mindset, their modern selling.

00:33:32.709 --> 00:33:37.069
magnificent people so um oh my gosh that's just

00:33:37.069 --> 00:33:41.410
perfect absolutely park absolutely he and i was

00:33:41.410 --> 00:33:43.470
just noticing there all this time i've been talking

00:33:43.470 --> 00:33:45.789
to you it looks like you're in a prison cell

00:33:45.789 --> 00:33:48.609
what did they put your way for well come here

00:33:48.609 --> 00:33:50.549
you know i mean we've all been in the virtual

00:33:50.549 --> 00:33:53.630
world this is virtual and i kind of sum up like

00:33:53.630 --> 00:33:56.720
zoom as to being in a turkish prison and we're

00:33:56.720 --> 00:33:59.279
having a turkish prison visit here so i'm tapping

00:33:59.279 --> 00:34:02.140
on the glass saying alice get me out of here

00:34:02.140 --> 00:34:06.339
get me out no actually the truth is my wife michelle

00:34:06.339 --> 00:34:08.420
and i moved up to northern arizona we have a

00:34:08.420 --> 00:34:11.460
beautiful home on a lake but it's rural and what

00:34:11.460 --> 00:34:15.960
comes with rural living is horrible You just

00:34:15.960 --> 00:34:17.920
never know when you're going to get it. So our

00:34:17.920 --> 00:34:20.940
niece and her husband run this wonderful gym

00:34:20.940 --> 00:34:26.260
here in Flagstaff called Paragon Athletics, and

00:34:26.260 --> 00:34:29.699
they train elite runners and distance, you know,

00:34:29.699 --> 00:34:31.639
the crazy people. Oh, cool. They've got this

00:34:31.639 --> 00:34:34.340
beautiful little storage facility and great Wi

00:34:34.340 --> 00:34:38.019
-Fi that I'm hanging out with them today. You're

00:34:38.019 --> 00:34:40.380
in a storage room today. You're coming to us

00:34:40.380 --> 00:34:44.349
live from the storage room at the gym. In Flagstaff,

00:34:44.349 --> 00:34:46.989
Arizona. You know why? Because the show must

00:34:46.989 --> 00:34:50.010
go on. That's right. That is right, Park. And

00:34:50.010 --> 00:34:52.449
that's what I want CEOs to know. The show must

00:34:52.449 --> 00:34:55.630
go on. It is your job to make that show happen.

00:34:55.769 --> 00:34:59.090
And I am going to help you do it. So I am just

00:34:59.090 --> 00:35:02.389
so thrilled to be launching this podcast. Park,

00:35:02.469 --> 00:35:06.369
thank you so much. Do you have any last questions

00:35:06.369 --> 00:35:11.989
for me before we go? You know, no, I know one

00:35:11.989 --> 00:35:14.190
last question, but I just want to let you know

00:35:14.190 --> 00:35:16.750
that I've known of you and we've been friends

00:35:16.750 --> 00:35:19.530
virtually for several years, but I've distinct

00:35:19.530 --> 00:35:22.469
fortune of working with you last year, first

00:35:22.469 --> 00:35:25.010
working on your brand story, but then you coaching

00:35:25.010 --> 00:35:28.639
me on my sales. for the business of story. And

00:35:28.639 --> 00:35:30.760
I've been doing this work for a long time and

00:35:30.760 --> 00:35:33.639
I realized I didn't know what I didn't know about

00:35:33.639 --> 00:35:36.420
selling until I met you. And so I want to thank

00:35:36.420 --> 00:35:39.320
you for all the contributions and the instruction

00:35:39.320 --> 00:35:41.280
you've given me to help build out the business

00:35:41.280 --> 00:35:44.860
of story and just really appreciate being here

00:35:44.860 --> 00:35:47.139
with you to launch this fabulous new program.

00:35:47.630 --> 00:35:50.769
Thank you for that. Oh, my pleasure. It's a pleasure

00:35:50.769 --> 00:35:53.510
to help your company grow and help you as the

00:35:53.510 --> 00:35:59.030
CEO. And I am looking forward to all of the great

00:35:59.030 --> 00:36:02.429
information that the CEOs that I interview are

00:36:02.429 --> 00:36:05.769
going to share with all of the other CEOs out

00:36:05.769 --> 00:36:09.329
there. So, Park, thank you so much. And I know

00:36:09.329 --> 00:36:11.730
I'll be talking to you soon. Thanks, Alice. Bye.

00:36:16.010 --> 00:36:18.710
Thanks for tuning in to Sales Talk for CEOs.

00:36:19.289 --> 00:36:23.929
You can find me at alicehyman .com. Be sure and

00:36:23.929 --> 00:36:26.769
connect with me on LinkedIn and let me know that

00:36:26.769 --> 00:36:30.269
you heard the show. If you found value in today's

00:36:30.269 --> 00:36:33.630
episode, please subscribe, write a review, and

00:36:33.630 --> 00:36:36.210
share the show with another CEO.
