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Brendon Cassidy: Why You Should Never Hire Someone You Do Not Know in Your First Five Hires | E1124

Brendon Cassidy is one of the OG of enterprise sales of the last decade, having advised the likes of Gong.io, Pipedrive, Showpad. Previously Brendon was first Head of Sales at LinkedIn and VP of Sales at Talkdesk. ----------------------------------------------- Timestamps: (00:00) Intro (00:45) Brendon’s Background (03:27) Changing Landscape of Sales (05:36) The Decline of Outbound SDR Model (07:17) Impact of AI on Outbound Sales (09:05) Defining a Sales Playbook (10:36) Importance of Customer Understanding (12:20) How Discovery Should be Like (14:36) Hiring VP of Sales First vs. Sales Reps (15:26) Hiring Multiple Sales Reps at Once (19:32) Structuring the Hiring Process for Sales Reps (23:44) Financial Incentives for Sales Reps (25:24) Common Mistakes in Hiring Sales Reps (27:19) Onboarding Sales Reps (29:05) Firing Sales Reps (29:57) Brendon’s Biggest Mistakes in Hiring (34:27) Deal Reviews (36:47) Dealing with Lost Deals (43:32) Quick-Fire Round ----------------------------------------------- In Today’s Episode with Brendon Cassidy We Discuss: 1. The Early Days and Navigating Through the Dot-com Bubble: How did recruiting prepare Brendon for a career in sales? What impact did the dot-com bubble burst have on his early career? What does Brendon know now that he wishes he had known when he started his career in sales? 2. The Playbook and Hiring The Team: How does Brendon define the “sales playbook”? Should the founder be the one to create and execute V1 of the playbook? Should the first sales hire be a rep or a sales leader? When is the right time to make that all-important first sales hire? 3. Discovery and Outbound Are Broken Why does Brendon feel discovery is useless in today’s sales process? Why does Brendon believe outbound will move under the marketing function? How does AI change the world of outbound sales? Why will no great sales leaders join a company that doesn’t have an inbound machine? 4. Onboarding What is the right way to onboard new sales reps? How quickly do you know if a sales rep is not good? What are the signs? What is the right way to measure the effectiveness of sales teams today? What are the biggest mistakes founders make in onboarding sales teams? ----------------------------------------------- Subscribe on Spotify: https://open.spotify.com/show/3j2KMcZTtgTNBKwtZBMHvl?si=85bc9196860e4466 Subscribe on Apple Podcasts: https://podcasts.apple.com/us/podcast/the-twenty-minute-vc-20vc-venture-capital-startup/id958230465 Follow Harry Stebbings on Twitter: https://twitter.com/HarryStebbings Follow Hifive on Twitter: https://twitter.com/hifiveapp Follow 20VC on Instagram: https://www.instagram.com/20vchq Follow 20VC on TikTok: https://www.tiktok.com/@20vc_tok Visit our Website: https://www.20vc.com Subscribe to our Newsletter: https://www.thetwentyminutevc.com/contact ----------------------------------------------- #20vc #harrystebbings #venturecapital #founder #BrendonCassidy #hifive

Brendon CassidyguestHarry Stebbingshost
Mar 8, 202448mWatch on YouTube ↗

CHAPTERS

  1. 0:45 – 3:27

    Brendon’s Background

  2. 3:27 – 5:36

    Changing Landscape of Sales

  3. 5:36 – 7:17

    The Decline of Outbound SDR Model

  4. 7:17 – 9:05

    Impact of AI on Outbound Sales

  5. 9:05 – 10:36

    Defining a Sales Playbook

  6. 10:36 – 12:20

    Importance of Customer Understanding

  7. 12:20 – 14:36

    How Discovery Should be Like

  8. 14:36 – 15:26

    Hiring VP of Sales First vs. Sales Reps

  9. 15:26 – 19:32

    Hiring Multiple Sales Reps at Once

  10. 19:32 – 23:44

    Structuring the Hiring Process for Sales Reps

  11. 23:44 – 25:24

    Financial Incentives for Sales Reps

  12. 25:24 – 27:19

    Common Mistakes in Hiring Sales Reps

  13. 27:19 – 29:05

    Onboarding Sales Reps

  14. 29:05 – 29:57

    Firing Sales Reps

  15. 29:57 – 34:27

    Brendon’s Biggest Mistakes in Hiring

  16. 34:27 – 36:47

    Deal Reviews

  17. 36:47 – 43:32

    Dealing with Lost Deals

  18. 43:32 – 48:02

    Quick-Fire Round

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