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Ask HN: How to learn sales?

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Re: Ask HN: How to learn sales?

#111
Has jumped into that boat with the identical background a couple month ago.

Here some resources I found useful to do first B2B sales and get a general understanding of the process.

1. Peter Levine course of sales for tech entrepreneurs https://a16z.com/2018/09/02/sales-startups-technical-founder...

2. Steve Blank's 4 steps to the epiphany https://www.amazon.com/Four-Steps-Epiphany-Steve-Blank/dp/09...

3. Close.io SaaS Sales Book https://close.com/resources/saas-sales-book/

4. The Sales Acceleration Formula: Using Data, Technology, and Inbound Selling to go from $0 to $100 Million by Mark Roberge https://www.amazon.com/gp/product/1119047072

Also I advice you to fasten you educational feedback loop as mush as you can. The last boo can help you with metrics as well.

Re: Ask HN: How to learn sales?

#112
post #17

Bob Moesta's new book has some good pointers on it, it's currently on sale on Amazon: https://www.amazon.com/Demand-Side-Sales-101-Customers-Progr...

This book is great.

Bob’s background is in engineering and it feels far more accessible to me than other sales books as a result. I’ve been trying to get my head around this stuff for over a decade. The ideas in this book have made me feel comfortable about selling for the first time.

Re: Ask HN: How to learn sales?

#113
Sales is a psychological game.

Try selling a product, it doesn't have to be related to your current concern. If you're willing to put in the work, canvassing door to door might be the best way to learn. You can see your audience's reaction immediately. There are subtle details you'll miss when selling in other mediums. Nothing will help you understand consumers better than talking to them in person.

After going door to door, writing sales copy and understanding your funnel will be much simpler. From there you can use your technical mind to optimize the process with multivariate testing etc.

Re: Ask HN: How to learn sales?

#114

You need to separate sales from marketing. Sales is a conversation, marketing is a broadcast. Marketing gets the phone to ring, sales takes the call and closes the deal. For B2B sales resembles project management: the goal is not to convince everyone to buy your product or service but to diagnose their needs and only engage with firms that will benefit. For larger deals you "sell with your ears" as much as you talk.…

Great summary on sales and marketing but neither is a monolith.

Sales can best be distinguished by indirect sales and direct sales.

Direct sales is where you go out and find clients.

Indirect sales is where you go out and find partners to bring you clients.

You don’t buy Coca Cola from Coca Cola. You rarely by HP from HP.

Companies tend to be more successful when they find ways to grow using “channels”.

This is a good summary of finding your path toward channel sales:

https://www.entrepreneur.com/article/297479

This is a good kit to start a channel sales program:

https://chanimaluniversity.com/product/reseller-program-kit-...

Re: Ask HN: How to learn sales?

#115
post #97

Hey there, my friend Waseem tipped me off to your question. Your situation is why I wrote Founding Sales: https://www.foundingsales.com/ The full text is available online on that Squarespace site. I wrote it after selling my last company - it chronicles what I learned going from a PMM / PM at VMware to a business generalist founder, who then had to learn how to sell, and then manage sales people. Also, this deck will…

Sounds very interesting, but if I cannot buy a PDF of it, I am not going to bother.

Re: Ask HN: How to learn sales?

#116
post #19

As an engineer turned founder, your instinct to jump in and start doing it is correct. It’s hard to learn from books. I never did, neither did the successful engineers turned sales people that I know. The key is learning to read each situation so you can apply the right approach. You also seem self aware which will help you learn faster. My biggest advice is get a coach/mentor/consultant who you talk with once per we…

"guy named Mitch Morando and got from $36k to $1M in ARR in less than a year"

I am very curious as a bootstrapped founder myself. Would you be willing to tell us more on some of the high level things Mitch Morando helped with ? What bottlenecks did he solve that you didn't/couldn't know ?

Re: Ask HN: How to learn sales?

#117
post #88

Hey, I worked in sales for years. So did my mother. I started B2B sales when I was 16. Don’t “learn” sales. A lot of reading material and courses could actually negatively effect you by causing you to overthink things. At best, you will come across as calculating and at worst you’ll lose deals due to getting lost in the weeds. Here’s two things: Whenever you deal with someone, try to conceptualize yourself as a consu…

I would argue against this comment... it is very useful to actually learn the culture and the techniques. Not that the general advice here is in poor taste, just saying that simple concepts won't help you fully understand something that is inherently complex.

Learning the technicalities of a domain or sell cycle is not that complicated if you already in this domain and indeed you can either learn it by reading a bit or from others in the field. But the art of selling itself is indeed more about putting yourself into it and doing it. It is a bit like the difference between someone who reads pick up lines and apply them to someone who just go out and try to pick up women. At the end of the day putting yourself out there will teach you more and will give you the confidence and natural capabilities.

Re: Ask HN: How to learn sales?

#118
Selling to someone is as simple as saying, "I can sell you this for this much, sound good?". Why they say "yes" is up to the product being sold, and the person being sold to. The better you understand that relationship, the more it makes sense.

Try selling a 100$ bill to someone. You could say something like "Hey man, I can give you a really good deal on this 100$ bill, you interested?". "90$?" "I can give you an even better deal! 75$ bucks and this 100$ is yours!" "Ok, sure."

That's sales. The 100$ bill is be the product you're selling and all it takes is for the buyer to see it like that.

Re: Ask HN: How to learn sales?

#119
Having shadowed some great sales execs in my earlier career and having done some enterprise sales as a startup founder here are my pointers to get started and what perhaps matters the most. I'll address what matters most first:

1. The ability to take a NO without getting burnt out. Try to keep the emotion out of a sale as much as possible, even though it's your company and product. 2. The ability to have a sense of humour and make conversations enjoyable. No one wants to talk to a sales guy who is boring. 3. The ability to understand when have you earned the trust of your customer. Essentially your customer has to be comfortable talking to you and one of the best signals for earning positive trust is how much your customer makes casual funny comments or small talk. 4. Once you've earned your customer's trust - a sale is more or less guaranteed. Once you've learned how to earn trust - I mean once you've cracked that algorithm it's rinse and repeat.

To get started: 1. Make random conversations with people of your customer's persona either at events, through cold calling or cold emailing and be very very sensitive to the pulse of people you talk to. Do they engage in conversation, are the conversations ending with one words rather than continuations. 2. Have a very precise pitch of what you are selling. Pitch the customer once they are relatively in their comfort zone. 3. You won't be able to sell to busy execs SVPs and above - no matter how good you think you are. So it's better to reach out to someone in the lower rungs of the ladder. 4. If you play golf or some sport where decision makers hangout it'll certainly help to make conversation. 5. Sales is typically a male dominated field unfortunately. So you have to be conversant in sports/politics of that region to make some headway.

To summarise, sales is all about making conversations and earning someone's trust. It has very little to do with 'what' you are selling.

Re: Ask HN: How to learn sales?

#120
post #112
post #17

Bob Moesta's new book has some good pointers on it, it's currently on sale on Amazon: https://www.amazon.com/Demand-Side-Sales-101-Customers-Progr...

This book is great. Bob’s background is in engineering and it feels far more accessible to me than other sales books as a result. I’ve been trying to get my head around this stuff for over a decade. The ideas in this book have made me feel comfortable about selling for the first time.

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