{"id":96,"date":"2006-06-11T14:12:58","date_gmt":"2006-06-11T19:12:58","guid":{"rendered":"http:\/\/selectmetrix.com\/blogs\/?p=96"},"modified":"2006-06-11T15:29:58","modified_gmt":"2006-06-11T20:29:58","slug":"name-vs-no-name","status":"publish","type":"post","link":"https:\/\/selectmetrix.com\/blogs\/2006\/06\/name-vs-no-name\/","title":{"rendered":"Name vs. No-name"},"content":{"rendered":"<p>In one of my previous sales lives, I worked for 2 different companies in a highly specialized, technical field.  The companies were competitors &#8211; I worked for the larger company first that had a highly recognized name in the market.  The company was approximately 200 employees strong with worldwide sales.<\/p>\n<p>I worked for the smaller company about 2 years after resigning from the first company.  The smaller company was family owned and had . . . how do I say it? . . . no name recognition.  The company had 7 employees and 3 of them were related.<\/p>\n<p>I describe these 2 settings for you to make a point about hiring based on experience.  When I was with the larger company, we had a fully staffed marketing department that effectively leveraged our market-leading position.  We also had an established distributor network that covered the choicest territories for our product line.  My main responsibility, as a Regional Sales Manager, was to qualify leads effectively.  The position was a tremendous learning experience and I was handsomely rewarded through the commission plan.<\/p>\n<p>The smaller company was a completely different story and a real learning experience for me.  I sauntered into the position expecting my qualifying skills to put me on the fast track to revenue.  What I learned was that I needed to go find my own prospects with a limited (to say the least) set of resources.  What an eye opener!  My prospecting skills were laughable and I ended up wasting much time trying to put my gameplan together.  I eventually was laid off as the company began to contract down to blood relatives due to many internal problems.<\/p>\n<p>The point here is simple &#8211; hiring a salesperson based on their experience is a high-risk strategy.  The lesson here is that I was skilled at selling for a company with a strong market capitalization and I was successful in that role.  However, those skills did not directly translate to success at the smaller, unknown company.<\/p>\n<p>To top it all off, the smaller company had a better product based on superior technology.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In one of my previous sales lives, I worked for 2 different companies in a highly specialized, technical field. The companies were competitors &#8211; I worked for the larger company first that had a highly recognized name in the market. The company was approximately 200 employees strong with worldwide sales. I worked for the smaller company about 2 years after resigning from the first company. The smaller company was family owned and had . . . how do I say it? . . . no name recognition. The company had 7 employees and 3 of them were related. I describe these 2 settings for you to make a point about&hellip; <a class=\"read-more\" href=\"https:\/\/selectmetrix.com\/blogs\/2006\/06\/name-vs-no-name\/\">Read More<\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"bgseo_title":"","bgseo_description":"","bgseo_robots_index":"","bgseo_robots_follow":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[2,3],"tags":[],"class_list":["post-96","post","type-post","status-publish","format-standard","hentry","category-hiring","category-sales"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p5Oho-1y","jetpack-related-posts":[{"id":1373,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/01\/the-subtle-requirements-for-successful-sales-hiring\/","url_meta":{"origin":96,"position":0},"title":"The Subtle Requirements For Successful Sales Hiring","author":"Derrick Moe","date":"January 10, 2008","format":false,"excerpt":"ManageSmarter.com offers up an interesting article titled Do You Have the Right Talent?\u00a0 First off, I love the fact that they advocating the pursuit of\u00a0talent - that is the key to a successful sales hire (read:\u00a0 not experience).\u00a0 Second, the author strikes a chord that resonates with us:\u00a0 There is\u2026","rel":"","context":"In &quot;Hiring Salespeople&quot;","block_context":{"text":"Hiring Salespeople","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/hiring-salespeople\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":529,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/12\/upward-mobility\/","url_meta":{"origin":96,"position":1},"title":"Upward Mobility","author":"Derrick Moe","date":"December 29, 2006","format":false,"excerpt":"Thomas Register has a blog. If you have worked in the industrial market, you probably are familiar with their encyclopedia-like register. I used to be a sales manager for a high precision sheet metal fabricator and was quite familiar with researching the Thomas Register. The fact that they have a\u2026","rel":"","context":"In &quot;Retention&quot;","block_context":{"text":"Retention","link":"https:\/\/selectmetrix.com\/blogs\/category\/retention\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1458,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/03\/small-company-rewards\/","url_meta":{"origin":96,"position":2},"title":"Small Company Rewards","author":"Derrick Moe","date":"March 7, 2008","format":false,"excerpt":"One of the real draws of working at a smaller company is the opportunity to have direct access to management-level decisions.\u00a0 As larger companies trim their payrolls, skilled employees will enter the candidate pool.\u00a0 These candidates may find a smaller company provides new opportunities for their personal skill set. The\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1416,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/02\/dulled-by-success\/","url_meta":{"origin":96,"position":3},"title":"Dulled By Success","author":"Derrick Moe","date":"February 12, 2008","format":false,"excerpt":"There is an effect we have noticed when recruiting salespeople from larger companies that seems to be consistent across markets.\u00a0 Some salespeople, maybe many, lose their edge when it comes to prospecting when they land a large customer.\u00a0 I see this effect happening in larger companies, for some reason, more\u2026","rel":"","context":"In &quot;Compensation&quot;","block_context":{"text":"Compensation","link":"https:\/\/selectmetrix.com\/blogs\/category\/compensation\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":330,"url":"https:\/\/selectmetrix.com\/blogs\/2006\/09\/an-open-letter-to-sales-managers\/","url_meta":{"origin":96,"position":4},"title":"An Open Letter to Sales Managers","author":"Derrick Moe","date":"September 27, 2006","format":false,"excerpt":"Time and time again we see a similar process play out to the detriment of a company. XYZ Company determines that they need to hire a new salesperson and the sales manager is going to spearhead the search. A problematic approach. The primary focus of most sales managers is to\u2026","rel":"","context":"In &quot;Hiring&quot;","block_context":{"text":"Hiring","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":1677,"url":"https:\/\/selectmetrix.com\/blogs\/2008\/07\/when-hiring-expect-success\/","url_meta":{"origin":96,"position":5},"title":"When Hiring, Expect Success","author":"Derrick Moe","date":"July 28, 2008","format":false,"excerpt":"Have you ever worked with a \"glass half empty\" person?\u00a0 They are something to behold especially if you are a bit of an optimist.\u00a0 We get the chance to interact with many leaders of both sales departments (VP of Sales) and entire companies (CEO).\u00a0 One thing that always catches my\u2026","rel":"","context":"In &quot;Hiring Salespeople&quot;","block_context":{"text":"Hiring Salespeople","link":"https:\/\/selectmetrix.com\/blogs\/category\/hiring\/hiring-salespeople\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"jetpack_featured_media_url":"","_links":{"self":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/96","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/comments?post=96"}],"version-history":[{"count":0,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/posts\/96\/revisions"}],"wp:attachment":[{"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/media?parent=96"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/categories?post=96"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/selectmetrix.com\/blogs\/wp-json\/wp\/v2\/tags?post=96"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}<!-- WP Super Cache is installed but broken. The path to wp-cache-phase1.php in wp-content/advanced-cache.php must be fixed! -->