Top 10 Mistakes New CROs Make in Their First Week
The Gist
- Jason Lemkin highlights common pitfalls for new CROs and VP Sales
- Mistake #1: Not knowing the product cold before starting
- Mistake #2: Starting too late and not prepping before Day 1
- Mistake #3: Insisting on doing things their way without adapting
Key Quotes
The best start before they start.
If the VP of Sales never learns to demo the product for real in Week 1, they almost never do.
Key Insights
- New CROs often fail by not doing enough diligence on fit for their skills and not listening to enough calls before starting.
- Many VPs of Sales start behind by trying to learn the product on the fly instead of preparing before their first day.
- New sales leaders often make the mistake of immediately changing existing processes without first understanding what's already working.
- Successful VPs of Sales bring trusted reps with them quickly to hit the ground running.
- The best VPs of Sales do some outbound in their first week to start building pipeline and industry connections.
- VPs of Sales must learn to demo the product in Week 1 or risk never truly understanding it.
Actionable Takeaways
- Start preparing before Day 1 by listening to calls, reviewing materials, and setting up systems.
- Understand and respect existing sales processes before making changes.
- Bring trusted reps with you or identify strong performers quickly to accelerate success.
- Learn to demo the product in Week 1 to gain credibility and deeper product knowledge.
Data Points
- 40%-50% (Percentage of revenue from agencies and partners for companies like Shopify and HubSpot.)
- 90% (Revenue from SMBs for some companies, suggesting the need to learn that motion first.)
RevBots.ai View:
New sales leaders should prioritize product knowledge and early engagement to avoid early missteps.
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