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How to Pay SDRs in Your MSP (Without Going Broke)

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Manage episode 479034636 series 3613230
Content provided by Ray J. Green. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ray J. Green or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

▸ Get My Free MSP Sales Toolbox: https://msp.sale/yt-toolbox

▸ Join My Newsletter for Weekly Sales Strategies: https://rayjgreen.beehiiv.com

Hey, I’m Ray Green. I’m a strategic growth specialist for B2B companies.

Since this is social media and anyone can claim anything, here’s a quick rundown of my background:

Former Managing Director of National Small & Midsize Business at the U.S. Chamber of Commerce, where I doubled revenue per sale in fundraising, led the first increase in SMB membership, co-built a national Mid-Market sales channel, and more.

Former CEO operator for several investor groups where I led turnarounds of recently acquired small businesses.

Founder of MSP Sales Partners, where we currently help IT companies scale sales: www.MSPSalesPartners.com

Sales & Sales Management Expert in Residence at the world’s largest IT business mastermind.

Founder of Repeatable Revenue Ventures, where we scale B2B companies we have equity in: www.RayJGreen.com

I explain how to create an effective compensation plan for Sales Development Representatives (SDRs) in Managed Service Provider businesses.

I walk through a three-step process for building a comp plan that maximizes ROI while avoiding issues like high turnover and underperformance, complete with practical examples and a downloadable template.

Chapters:

00:00 - Introduction to Hiring Sales Representatives

01:11 - Importance of a Comp Plan

03:23 - Steps to Build a Comp Plan

07:39 - Salary Split and Incentives

09:12 - Setting Up Incentives

13:26 - Modeling and Testing the Comp Plan

19:15 - Conclusion and Resources

  continue reading

100 episodes

Artwork
iconShare
 
Manage episode 479034636 series 3613230
Content provided by Ray J. Green. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ray J. Green or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

▸ Get My Free MSP Sales Toolbox: https://msp.sale/yt-toolbox

▸ Join My Newsletter for Weekly Sales Strategies: https://rayjgreen.beehiiv.com

Hey, I’m Ray Green. I’m a strategic growth specialist for B2B companies.

Since this is social media and anyone can claim anything, here’s a quick rundown of my background:

Former Managing Director of National Small & Midsize Business at the U.S. Chamber of Commerce, where I doubled revenue per sale in fundraising, led the first increase in SMB membership, co-built a national Mid-Market sales channel, and more.

Former CEO operator for several investor groups where I led turnarounds of recently acquired small businesses.

Founder of MSP Sales Partners, where we currently help IT companies scale sales: www.MSPSalesPartners.com

Sales & Sales Management Expert in Residence at the world’s largest IT business mastermind.

Founder of Repeatable Revenue Ventures, where we scale B2B companies we have equity in: www.RayJGreen.com

I explain how to create an effective compensation plan for Sales Development Representatives (SDRs) in Managed Service Provider businesses.

I walk through a three-step process for building a comp plan that maximizes ROI while avoiding issues like high turnover and underperformance, complete with practical examples and a downloadable template.

Chapters:

00:00 - Introduction to Hiring Sales Representatives

01:11 - Importance of a Comp Plan

03:23 - Steps to Build a Comp Plan

07:39 - Salary Split and Incentives

09:12 - Setting Up Incentives

13:26 - Modeling and Testing the Comp Plan

19:15 - Conclusion and Resources

  continue reading

100 episodes

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