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All of my employees were college kids who weren’t making commissions. I had to tap into their intrinsic motivation and communicate a common goal, all so they could understand the importance and value of their contribution. That translates into leading an SDR or a BDR team. They were making an hourly minimum wage.
This will include diving into the pros and cons of the various comp design models, including MBOs, detailed incentive structures and flat commission rate payouts, as well as the nuance between using comp design as a motivational factor but not as a substitute for good management. We are an enterprise VC fund in NewYork City.
I’ve found that many people who are drawn to sales are intrinsically motivated to hit high sales numbers because they’re competitive and like to win. Write out your commission plan on paper. A good rule of thumb is to consider whether someone could work out their commission rate with just a calculator.
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