Episode Transcript
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You were listening to bb revenue acceleration, a podcast dedicated helping software executive stay
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on the cutting edge of sales and
marketing in their industry. Let's get into
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the show. Hi, welcome to
be to be a revenue acceleration. My
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name is or aim with it,
and today's a bit of a special episode
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because it's our second anniversary of recording
the B to be revenue acceleration, but
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cast we have now over tenzero done
loads. Thank you very much people for
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listening to what we're doing is spend
a bit of time doing it, so
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it's good to have a to have
people consuming the content. It's our eighty
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four episodes and the topic today is
is around the best strategies for B to
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be a revenue acceleration and what we
want you to do. We wanted to
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have a format slightly different from from
what we traditionally do, which is usually
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a one to one, and we
wanted to invite some people that are some
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of them clients, some of them
partners, friends, but people we've seen
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doing some great stuff over the less
you years, just so they can share
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their best practices, mistakest thing they've
seen in the trenches around the best strategies
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for B to be revenue acceleration.
So before we get started, I'm going
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to ask every single one of the
guests to shortly introduce themselves and we're going
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to start with DDPEAS I get morning
everyone. Thanks so much for the time.
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I appreciate it. I'm honored to
be year and my name is Dedi
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Dayton. I'm a partner with wing
venture capital. We're based in Pale Alto
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and we're an early stage investor and
terms of my background, sales for many,
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many years. I'm very passionate about
selling and love hearing some of the
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new ideas that are out there.
I was an operator for twenty years before
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joining venture and my focus area was
in cybersecurity and in leveraging indirect sales and
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building out global sales teams. So
very thrilled to be here. Thank you.
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On the foot, Nathan John Jamain
going next. Sure. Hey,
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so I'm Nathan Burke. I'm the
chief marketing officer at Exonius and this is
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my third cyber security start up,
my fifth startup overall. I'm a glutton
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for punishment or another. I love
building things from scratch, going from idea
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to having a product in the world
and getting out the market. So thanks
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for having me, Surplesi on Nathan
Tim Jamain going next. Sure, hey,
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great to be back again. Tim
Hoyite, I lead the global partners
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alliances organizations for a company called Drew
Ba, venture backed start up. I've
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said, my career running sales organizations
both domestically and internationally, half of that
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being over in Europe at that thing
in US publicly traded and privately held companies.
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So appreciate being here and look forward
to a good conversation. Thank you,
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Tim. Then you want to go
next to everybody knows you. You
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are the cause something ill. Oh
Yeah, yeah, promotion to the cohost
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of the BTB Revenue Acceleration podcast.
I guess about a year or so.
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Go now on the bbfs operatic stopping
the company. About five and a half
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years, I guess. Kind of
stand for everything that the company's done for
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now promote it part from the from
the bottom up. So any other program
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that we're running the companies like yourself, Nathan, I was one one time
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doing that and now obviously working closely
with the Redan on this podcast and our
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company as a hope, but dormin
getting next and just giving us a quick
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short teams throw as to as to
you and what you do. Yeah,
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absolutely so. I'M CR OF OBSIDIAN
security today and we've been here for about
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eight nine months. Prior to that
I was at the MST where I worked
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with operatics and the MIA specifically,
and I've been in Cyber Security for twenty
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years or something like that. Forever
feels like. But yeah, it's been
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fun. I've done every job from
inside sales to field sales, channel alliances
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and obviously go to market leader as
well. So kind of understand how the
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sausage is made, so to speak. I like that. Well, we've
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got less of experience to that.
That's absolutely wonderful. So thank you all
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for your introductions. We will have
one gears at Willer. That's will.
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That will jump on the fly as
as we go to when he comes on
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board. La I'll ask you to
introduce himself briefly. But today we really
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want to keep the conversation open,
interactive, non scripted, passionate and we
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really want to share with origin some
of the what you believe are your most
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valuable tips and expence of driving revenue
growth within the BB Tech Wal so we
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could be recent technique. It could
be things that you're planning on doing that
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you just realize now but you've not
putting practice right away. But, as
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we say, ladies fell so I
started with dd for the introduction, so
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I'm going to start with you with
the first question, and that question is
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pretty straightforward in the simple but at
the same time wide open. But but
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from your perspective, what are the
strategies or tactics that you've seen vendors implement
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being the most successful? I generating
room you group? Well, I think
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this period of nationwide and global pandemic
is served to teach us a lot.
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And when the going gets tough,
the tough get creative. So what I've
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seen is this massive insurgence of creative
thinking and a lot more flexibility from customers
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as well. So, in terms
of our startups, most of them are
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stretching their dollars and turning everyone in
the sales people, everyone in the organization,
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is tasked with finding new opportunities and
helping develop them. The key things
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are doing to maintain focus during the
speriod is to reduce their burn rates and
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to keep at least eighteen months of
cash on hand whenever possible. Twelve months
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really at a minimum. They're leveraging, you know, they're vc these their
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leveraging their channel partners to reduce a
lot of their capital expenses and and,
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you know, making sure that they're
not using all their cash. So they're
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trying to keep that very close at
hand. They're also leveraging shifting some of
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their teams. So, for example, I saw one organization that turned their
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recruiters, where they were previously hiring
at a rapid pace, they shifted their
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recruiters to as drs and I thought
that was really interesting. For where.
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They're leveraging agencies to help them accelerate, you know, finding deals like operatics,
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and we've certainly work together on on
several of our startups that have utilized
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you guys to find new deals and
build pipeline. I'm also seeing, from
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a customer side, a lot of
use of artificial intelligence and automation to streamline
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cost savings and find ways of accelerating
their new projects. And it's also an
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era of new fiscal responsibility. So, you know, CFOs are approving everything
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and they're much more tactical in terms
of what they're willing to do. The
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the final thing that I'll just kind
of close with is. If you look
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at sales compensation, I think we're
ready now for a whole lot more creativity
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and everyone from the CFO down seems
to be much more willing to compensate sales
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for driving the right behaviors instead of
just looking at revenue from a binary perspective.
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You either win or lose a deal. It's much more now about the
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ink from mental steps that you can
take to get your sales team focused in
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the right places, and most of
that is around relationship building with your customer.
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And you know, I know Nathan, your CMO, it's really developing
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relationships is everything right now and maintaining
that relationship over time with your customers,
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finding ways of understanding them and being
much more explicit about your account based marketing.
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For US internally it's about, it's
been about doing individual based marketing,
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if that's a term, so finding
ways to motivate a single interaction and getting
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the most out of that interaction possible
for both sides. Yeah, that's a
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lot, but there you go.
But as a very source for probably of
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a good thousands of question to ask
you that to dig into the detail,
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but I'm going to focus on the
on the main one I've got so up.
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I like what you said about the
involvement of the CFO and and we've
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seen that a lot. We've seen
a lot of you know, we walk
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with lots of sales people. Are
Probably think that we've got into tool with
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all our clients. We probably have
a good two thousand, two thousand seals
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people at all. So I'll be
seeing us as a company. Okay.
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And with that you've got a bunch
of them that are really good at creating
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the value and really start early in
the cycle. They will go. They
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don't need to find an opportunity.
You don't need you to find an opportunity.
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They've got fifty on dred key accounts
to go after. They just want
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you to put them at the right
level in front of the right people,
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and then they will. They will
create the opportunity. And then at the
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also, and you've got what I
called the deal to deal transaction. You
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know, the people would just want
to take the deal and basically they expect
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the Bedea, they expect esda forward. We do it really almost provide them
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the deal opportunity on the golden plateau
so they can go and grab the grab
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the purchase order and I would like
to to get yourselts and I don't know
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if you seen that, but have
you seen a lot of your partner clients,
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some of the companies in your part
for you, actually changing the steps
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of their cell cycle to start early
or to try to grab a CFO?
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Or they are redoing the budget because
since covid up, and you know it's
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it's a little bit crazy, the
priorities will not priorities anymore. Maybe we've
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got new priorities. What do we
do with our money? To Invest?
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We not invest. I personally believe
that for ourselves, person it's Jet Butt
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because people are finding out a new
way. They are they need someone to
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tell them what to do. So
if you start at the right level,
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you should see that as a massive
opportunity to actually go and create opporunity for
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yourself. Okay, but, and
it's not just a question for the debate
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the way, but have you guy
seen people adapting to that? Because we
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found it really slow and even to
this day to day we still saying to
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some of our clients were probably larger
company less start to pe, say well,
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we need to get yourselfs gate to
go and sell. We can't find
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band qualified opportunities. You know,
the need doll in the eyst he's even
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multificult right now. So see,
yeah, just just we should do dd
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but to the rest of the group. That's kind of my long wind winded
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question. I do see an amplification
and the amount of selling that's going on
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in pitching. So there's definitely a
lot more interest in for us, making
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connections, you know, into our
customer base, but we're also being much
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more judicious about when we make those
and how. What I will say for
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you is, you know, teaching
a founder, who's a very intelligent person,
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but typically an engineer, to sell. The first thing that we do
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is teach them not to talk about
feature and functionality but really now, more
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than ever, because we're pitching into
the EXO, is to focus on finding
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business drivers and really tailoring your message
so that you're aiming for what will make
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them better. Right. This is
not about you finding a problem and trying
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to find a solution and pitch that. It's much more about talking about their
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business and aiming for what. What
are the pain points in their business?
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Either to make money or to stop
spending money and shifting a lot of that
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sales messaging around. You know,
the CFO and particular, doesn't really care
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about what your technology does. What
they care about is selling more of what
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they do or spending less on getting
to market. Right. So those are
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the things that I would recommend,
and that's what I'm hearing a lot,
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is please tailor your messaging to our
needs as a business, as opposed to
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pitching your solution as a future functionality. Absolutely, he did. SISTEM.
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I think one of the things we've
seen in particularly the past three months of
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amplify that significantly. But it's always
been true, which is helping forge clear
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economic linkages to business outcomes rather than
the feature functionality, and then make those
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direct correlations as well as indirect ones. And in order to do that,
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I think it's important for the marketing
organization to be tuning next net message to
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Omni channels and through all the different
macro touch points. And for a seller,
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whether you are a direct seller or
a partner Reseller, it requires more
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work. Right. You have to
take some more time to actually be proactively
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thinking about what is this customer?
You know situation they're going through, a
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base upon are they in the industry
that's maybe been impacted do I ready have.
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I known them for years and maybe
I've got a chance to help them
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there. But it requires more thoughtful
preparation. And then I think a huge
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part of it and selling is the
empathy or sympathy side, is being able
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to make sure that you are asking
questions, allow that person to share me
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a little bit more and these unprecedented
times that allows you to authentically right,
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not auling street chase, but authentically
connect your value propt back to that economic
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linkage versus. We can be faster
than the other. You attack provider,
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where the case will be in the
future functionality. So I think we're seeing
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at a bit in our space,
but directly as we go to market within
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users as well as through our indirect
routs, and I think what we'll marketing
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function can also see seals. Is
that. You know, the feeling behind
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the question I ask is really around
the face that people up. The way
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I felt, and I've been in
this conversation for you know, pushing operatics
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and speaking to people about our services. People just hitting us and so what
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thus of people doing? What on
the what's the rest of the world doing?
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And they're looking for that guidance of
someone, I can tell them more.
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Look, you know, I'm not
going to speak about my product here
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for a sec I'm going to tell
you about what I'm saying in the market.
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But instead of saying well, this
is people are just buying all stuff,
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you've got to almost play devil advocate
and never know, Nest Vision on
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steppending in the market. And I
think this is also getting can help with
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that story, because where you've got
the story about your product and obviously,
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how you can help them. And
you know, it's pretty straightforward that,
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I guess, because this is what
you are doing before looking at the options
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and being able to wait the options, being able to have that conversation,
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for me, is almost the conversation
at to seem with a Ras on the
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seals person prior co of it,
and I think you know whis covid you've
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got to be able to say all
of these are distry options that you can
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go for, you can do it
yourself, you can use us, you
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can use one of full competitors or
you can just get a bunch of people
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of shot doing it for you,
for example. Okay, let me take
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you through this, the scenarios,
and we're going to speak at the in
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the meantime, you're going to tell
me about your business and where you see
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and that's why you learn from them. And I really think that creating that
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story, creating that open story of
not trying to sell to them but actually
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really truly genuinely saying, look,
this is bad for everyone's let me try
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to help you here and I won't
push my Stub, but I will let's
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tray to find us the best solution
for you and being conservative ultimately get people
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to come back in your net.
There is that trieverse psychology thing where you
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said, well, you know,
I may not be the best solution for
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you. Well, actually, that
makes prospect likes you. So it's kind
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of a it's kind of a technique
that is starting from a very good,
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you know, main set of trying
to help and being consultative. But actually
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what I realize through the process and
working with clans and speaking with lots of
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clients is that if he's done in
a very honest, kind of blunt way
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of we may not be the resolution
for you, people actually respect that much
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more someone was trying to put something
down their throat. I guess the build
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on times point around showing him,
they and simply some instances and trying to
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really value the solution and tailor to
the prospect of speaking to I've been interested
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to know you also thought on this
native I mean from the spect how we
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sell a lot ratics. We wait
for about the importance of doing that,
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not only the fish benefit, not
leaving to function act, but really leaving
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meeting with the B and that's something
that we've always kind of fun at all
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interest in your those name and if
you are saying Martin spent, that has
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actually shifted in recent time or that's
something that you convoy. Yeah, it's
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funny, because two things on that. The first is everybody starts with what
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you just said. Everyone starts with
feature function they like. Every single time,
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the first message is check out all
of these features and and you've got
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to you've got to ring that back. But from what you were saying earlier,
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that's what I like to call selling
the approach and and I really love
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that. Right. So you've got
you have a problem. If you wanted
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to solve that, how would you
do that? Right, let's I'm just
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going to put an approach in front
of you. Forget about my product.
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Right, if you were to solve
that, you would need to do these
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things and here's one way you could
do it. Now, if you buy
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into that approach, whether you're going
to use my product to do it or
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you're going to try to do it
on your own. That's what I love
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selling before we even talked about a
product. Right. So, for what
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we do at exonious, I say
are if you wanted to know everything about
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every asset, how would you do
it? Right, and I walk through.
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This is how we would build a
solution right now. And does this
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make sense? Yes, all right, cool. So, once I get
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you to understand our approach, that's
the only sale I'm trying to do,
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because I feel like if you agree
with this approach, our product is going
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to do that. So I won't
even talk about the the product until we've
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already agreed that this is an approach
that makes sense for you and and it
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seems to work. And if you
talk about product too early, it just
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turns people off because they're sick of
it. I've right. And if you
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look at it that as a as
an approach that I approach. You mention
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your globs and for punishment across you
your five different stuff. That that you
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worked at. So is this something
that you've always been doing or is it
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something that you've seen in a shift
in recent time, during recent time pocket
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thread? Yeah, I think it's
definitely something that I've learned over time and
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it's it's something that's evolved and I
think that's part of, you know,
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the overall strategy that I've developed,
and you know, the way I like
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to think of it is, if
there's only if there's one strategy that's worked
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for me, for every company,
and part of its reverse engineering. But
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then now it's it's on purpose and
plan. That way is trying to figure
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out the intersection between motivation and behavior, and I know that's super academic,
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but let me tell you what I
mean by it so I can make a
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little more tangible. Right. So, if you think of like the typical
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be to be lead to sell process, you've got someone that shows up at
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your site and they see a big
like get a demo button. Now what
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does that mean to them? It
means I click, that salesperson is going
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to hound me, I'm going to
get on a sixty minute call and they're
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going to push a product on my
throat. So it's a pretty high bar
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to click that button. And so
what is their actual motivation? The motivation
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is they've got a problem. They
want to figure out if your thing solves
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that problem. And so most companies, I don't know if it's many,
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but most companies, they'll do everything
they can to get somebody to click that
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button and talk to a salesperson because
they want to sell them something, anything,
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right. So it means they're not
providing answers up front and they're hiding
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everything behind the form. They don't
show the product. And so, knowing
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that like the behavior that the prospect
becomes, you know they're probably not going
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to do that until it's the the
last possible resort and they're going to actually
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bail and go back to search and
see if somebody else answers it forum.
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And so what can we do about
that? Right, so what are the
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tactics that you can use to counter
that mismatch behind the motivation behavior? So
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the first thing is we can show
the product, right, so videos and
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dupt documentation, all of those things. We can let them try the product,
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which is blasphemy, and Cybersecurity,
right, nobody lets you try the
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thing in cybersecurity. But we could
do that and then we could do things
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that are really creative and I like
the DD said earlier. So we just
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tried something that we called the invisible
webinar and the idea was, or invisible
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demo, whatever you want to call
it. The idea was the bar is
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high to get on that sales call, right, so what if we did
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something where we showed exactly what you
would see on a sales demo? You
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have to sign up for anything,
you can be totally a anonymous you can
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ask questions through chat, right.
So the people that aren't quite ready then,
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aren't ready to say I'm going to
give you sixteen minutes to sell me
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something, they can see what they
would see on a real demo. So
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the goal is, if we show
enough value, then you're going to sign
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up and talk to a salesperson.
So to me the idea is, like
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always are toward removing friction, giving
that prospect exactly what they need to make
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a decision. and to me,
a know is better than just a bunch
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of dusty names at a database and
of that expecting, since I think that's
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a great strategy. Trying to get
creative and also allow the customer to drive
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the conversation so you're adding value and
not forcing them to give information about themselves
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and forcing a sales follow up because, frankly, it wastes everyone's time,
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wastes the sales people's time too,
and their time is just as valuable,
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which is why, or I liked
what you were saying about, you know,
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sometimes turning down the customer, that
that can be a not just a
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tactic, but a real way of, you know, focusing on the customers
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that are relevant and where it's relevant
to them. It's all that timing and
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finding the right message. Yeah,
none of the things people are doing.
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Yeah, I was just gonna say
it to your point. What is better
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from the sales perspective, having someone
that's already interactive with your product, already
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seen it, already experienced it.
Right. So we just launched our first
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like self service trial. We did
it really limited and, you know,
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one of the first person, the
first people that came through, immediately got
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up and running, got set up
and then, in parallel, someone else
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from their team asked for a demo. The two of them got together and
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now six people are going to be
on the demo call from the original one
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and they've already played with the product
for a week. They already saved queries,
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they've already done all these like milestones
that show us that they know what
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they're doing, that they've seen some
value. How about that? On our
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first sales call versus a here's our
slide. We were founded in this year.
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We have this much fun thing,
like you, a wholly different conversation.
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Yeah, so, but I'm just
going to tell to you because I
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know that I took CGM. Well, first of all, you account really
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remembered the exact to what that you
win, but I think you want the
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descendbacks innovation. Is it righte?
Yes, so I think that's pretty good.
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We that does send back out the
second one being sorry. But but
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I also know through the work we
do together that that's your guys are really
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quite straightforward about your Soli Shit.
You give it out there for people to
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go and try it, very confident
about about the the outcome that they would
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get, and you know in which
you've build. So what are your social
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know that and and the conversations of
home. Yeah, I mean, I
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was gonna SPEAK UP, Nathan drought, from interesting points. You know,
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it seems to be a perennial debate
on somebody asks for free trial, is
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it a lead for the inside sales
team to interact with? You know,
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how much self administration should there be? You know, deal at emails and
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things like that, and and you
know how you know. Do you want
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to qualify? It's a product.
Always engineering in the product side. You
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know they want to kind of make
sure that somebody's guided and no potential leads
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left untouched, that sort of thing. Sales wants to control everything and you
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just give everybody a big bear hug
and try to talk to him. So
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it's a it's a debate on whether
or not how much selfadministration should we have,
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versus to we go ahead and just
start attacking them with our sales awesomeness.
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So that, I mean, it's
an active debate internally right now.
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So whenever you've got half an hour, I will show you exactly how we
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came to the conclusion and how we
built it, because we put a ton
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of thought into that too, and
this is like literally three days in having
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it. So we're it's brand new
and we've put a lot of thought into
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it. It was a lot of
fun out well, I tell you,
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that first one come through was like
magic. Look at you, your smile.
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I love that. Yeah, very
fascinative on it. Some points called
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by marketing at Deconius. Well,
yeah, and my previous company, to
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Missto it was our number one lead
source and I think it kind of had
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more of the self administration, you
know, less sales awesomeness involved. And
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but then again, you know,
in the COVID era everything's like so dear.
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When we get a lead, we
just want to leg tackle and and
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you know, Polish it. Yeah, you know, it just yeah,
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so I'll definitely take up on that, Nathan, for sure. But sorry,
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and have of interest. you run
me invisible Webino. I'm not sure
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when that was, but I'm busy
contact one. were making visibles that.
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Have you seen any of those come
to fruition yet? Right, so I'll
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tell you. It's too early to
say, because the first one, who
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was an abject failure because the tape, so I swear to you, and
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I shot a video and didn't like
then, but I practiced this fifteen times,
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no question right, and the day
that it went live the stream just
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didn't work. It didn't work at
all. So I had, you know,
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a hundred and fifty or so people
on the site and I could see
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them all saying, I think there's
a technical problem, and so it didn't
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work at all. But what I
did is so I ended up just putting
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because I had practiced fifteen times,
I had actually recorded a run through,
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so I put the run through the
on and then I sent, you know,
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to everyone in the database, I
sent a note saying, you know,
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this was a failure whatever and we're
going to do it again. And
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that was like a month ago.
I finally got over it and crawled out
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from under the settles do this thing
right and figured out the technology. But
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a crazy thing happened, which is
immediately I started getting emails from people that
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would never ever answer my email before, and they're all pretty much the same.
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One part making fun of me,
which is totally valid. That's what
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you get for calling it an invisible
webinar. It was. It was perfectly
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invisible, like, okay, you
guys got me, I'm going to change
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the name next time. But then
it was. But you know what,
376
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like this happens to everybody. Anyone
is that's been in technology for more than
377
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a minute has had something like this
happened. And I'll check out the video
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and tell me when you're doing the
next one. And it was staggery.
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How many people did that? And
not only that, and I swear to
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you I didn't design it to way. Not only that, we had more
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demo request that day than any other
day in history of the cup. And
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yes, some of them already turned
into opportunities that were just a month ago.
383
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So yeah, I mean, obviously
you don't plan to fail. It's
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a lot of it is in how
you respond to it. But I think
385
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that's the other thing about right now
is that I think people understand that there
386
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are going to be mistakes and that
we're all kind of human right now and
387
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nobody's going to be perfect. I
mean, every zoom call you're on,
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you usually you'll see a dog run
through here or a six year old or
389
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whatever. Right, people are are
much more willing to understand when things like
390
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this happen. But but yeah,
so I think that was a good example
391
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and we're going to try it again. I couldn't believe that there are that
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many people on it and I couldn't
believe there are only people on it that
393
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couldn't see anything. So it was
a blessing, Anna Curse. But yeah,
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we're going to try it again in
a couple of weeks. But yeah,
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I think it does work because exactly
that right. I want to see
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this thing, but I don't want
to have to be part of a sales
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cycle yet. So she's just show
me the thing and then if the thing
398
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is enough value, then great,
I'll bring a couple of people in and
399
00:27:12.019 --> 00:27:15.730
you should ended touy Um and by
making a slate mistakes it there in getting
400
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getting it, I'm in the first
place, which is fantastic, and just
401
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just things we can I agree with
you. Have thing to people appreciate the
402
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fight that you tray something you I
think that's sort of so the defriends,
403
00:27:26.450 --> 00:27:30.680
you know, when theyverybody's again string
to send stone at them. Everybody's trying
404
00:27:30.759 --> 00:27:34.400
was the same thing, to send
Baiti's Day. I need ails in Linkedin,
405
00:27:34.519 --> 00:27:37.839
whatever you want. People just come
and try to sell you some fake
406
00:27:38.160 --> 00:27:41.960
but you see something, I'm actually
it's good. One thing I said,
407
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I was going to say. They'll
just on that point. The one thing
408
00:27:45.190 --> 00:27:48.029
I've said a bunch of times is
the next time big hack happens, like
409
00:27:48.109 --> 00:27:51.750
a Sony or target, I want
to just go over to the window and
410
00:27:51.789 --> 00:27:53.390
put your head out and put your
ear out the window and your here,
411
00:27:53.430 --> 00:27:57.579
you'll hear the sounds of a million
power point next updating, because every single
412
00:27:57.700 --> 00:28:03.859
marketer is going to say we would
have stopped the Sony target or whatever breach
413
00:28:03.980 --> 00:28:07.980
with our technology, like everyone.
Thanks generation. Think that it's not just
414
00:28:07.180 --> 00:28:11.140
next judge's and next ens a next
Gen. as a thank clause, we've
415
00:28:11.180 --> 00:28:15.890
got PAT pats. Thanks for draining
us for know that you had a very
416
00:28:15.930 --> 00:28:18.809
important call, so we really appreciate
that. You. You can come in
417
00:28:19.130 --> 00:28:23.849
and join us. We've us all
our guests to very brief interchus them side.
418
00:28:25.170 --> 00:28:27.279
So you man, just giving us
a quicker, quick in trust to
419
00:28:27.480 --> 00:28:32.960
you, are we you walk quiz
and yeah, just a quick we expect
420
00:28:33.039 --> 00:28:36.599
contact. Sure, sure, thanks
air really and great to a see you
421
00:28:36.640 --> 00:28:41.319
again. Hello, Katerina, nice
to see you too and nice to see
422
00:28:41.319 --> 00:28:45.430
everybody. Yeah, my name is
Patrick County on the Vice President Business Development
423
00:28:45.509 --> 00:28:49.910
for Cyber Security Company, for Tanic, but I've I've known opera had for
424
00:28:49.950 --> 00:28:53.789
a long time because I hired them
a couple of times in my previous company,
425
00:28:53.829 --> 00:28:57.980
High Trust, when I was running
international business for for that company and
426
00:28:59.099 --> 00:29:04.220
Global Business Development. So let's see, I've been about me. This is
427
00:29:04.339 --> 00:29:08.779
my seventh start up, so obviously
I haven't learned my lesson yet and it
428
00:29:08.859 --> 00:29:15.250
probably never will. And I think
as everybody on this called probably feels your
429
00:29:15.369 --> 00:29:19.329
DNA changes at some point in time
and you know exactly sure when that happens,
430
00:29:19.410 --> 00:29:23.480
but you certainly know what after happens. And you know looking forward to
431
00:29:23.759 --> 00:29:32.599
hopefully having another successful run here at
Portannex and in back Portanics, unbeknownst to
432
00:29:32.640 --> 00:29:36.319
me, already started working with you
guys in Europe and now we're going to
433
00:29:36.400 --> 00:29:40.509
expand into the US and doing some
initiatives. So I'm very glad to see
434
00:29:40.509 --> 00:29:44.470
that and and I think it's think
it's well learned on your all part.
435
00:29:44.990 --> 00:29:48.150
It's it's done making a taking advantage
of our relationship, but without letting US
436
00:29:48.230 --> 00:29:52.619
know. Going behind my back to
speak to Faltonis my go should have been
437
00:29:52.660 --> 00:29:56.339
mine, but well, you know, one of us those each other.
438
00:29:56.539 --> 00:30:02.779
Some drinks are really and so what
will me to you? The last thing
439
00:30:02.859 --> 00:30:06.339
we did that she ended up in
a quite, to yea digitous situation.
440
00:30:06.420 --> 00:30:11.369
But that so just coming back to
you, but very quickly. I mean,
441
00:30:11.450 --> 00:30:14.329
is there anything that you've seen?
So I know that you guys have
442
00:30:14.410 --> 00:30:17.049
been doing lots of fine tuning,
also at obsidy. And because you're like
443
00:30:17.289 --> 00:30:22.519
startups getting going. You've got covied
opening in the in the midst of everything
444
00:30:22.559 --> 00:30:26.680
happening, and it's got too he's
got to be even more difficult for you
445
00:30:26.759 --> 00:30:30.039
guys to can of find your feet, adapt to the situation and do everything
446
00:30:30.119 --> 00:30:32.400
at the same time. But but
what have you seen? I've you seen
447
00:30:32.440 --> 00:30:36.589
anything or any any spots? Do
not behave your from yourself. Team that
448
00:30:36.670 --> 00:30:38.670
you think is is. You know, you you could, you could do
449
00:30:38.829 --> 00:30:42.269
most mentioned of best practice. So
some feat that that would recommend people are
450
00:30:42.309 --> 00:30:45.069
doing. Yeah, I mean I
think it's an evolving story. We're all
451
00:30:45.109 --> 00:30:48.789
trying to figure out what the New
Economy and situation, you know, means
452
00:30:48.950 --> 00:30:53.819
for the sale cycle that we're used
to, because I think it's changing,
453
00:30:53.859 --> 00:31:00.059
obviously, and so you know,
we're in a unique position, and maybe
454
00:31:00.299 --> 00:31:03.579
there's some other folks too, but
we're trying to create a new space.
455
00:31:03.700 --> 00:31:07.890
You know, we call a cloud
detection and response on CDR and you know
456
00:31:08.289 --> 00:31:12.369
we're very happy to see competitors of
other people start using that same acronym.
457
00:31:12.890 --> 00:31:17.369
Kind of means it's catching on.
Yeah, essentially, what we're trying to
458
00:31:17.410 --> 00:31:22.319
do is narrow the aperture and get
very specific, because I think that what
459
00:31:22.440 --> 00:31:26.519
I found is that there may not
be as many opportunities popping up, but
460
00:31:26.599 --> 00:31:30.279
the ones that are engaged are very
real. So the quantities gone down with
461
00:31:30.319 --> 00:31:33.990
the qualities increased. Yeah, and
one of the things we've done is,
462
00:31:34.150 --> 00:31:41.710
like, you know, we've gone
right after the zoom usage trend here and
463
00:31:41.829 --> 00:31:47.029
try to protect zoom for the enterprises
that seems to be able to provide our
464
00:31:47.069 --> 00:31:52.380
internal champions with the ability to surface
it internally and, you know, bring
465
00:31:52.460 --> 00:31:56.299
it to their boss and that sort
of thing. But so we're we're making
466
00:31:56.380 --> 00:31:57.980
some big bets zooms, one of
them the vertical, as he knows,
467
00:31:59.059 --> 00:32:04.809
Fintech. You know, I think
it's really really critical right now to again
468
00:32:05.410 --> 00:32:07.970
have as much focus and near the
aperture as much as possible because, yea,
469
00:32:08.369 --> 00:32:10.609
you know, there's just you know, the one thing is is like
470
00:32:10.690 --> 00:32:15.369
everybody's trying to do a happy RV
is zoom or something like that. You
471
00:32:15.450 --> 00:32:19.759
know, people are theoretically more available
because they're locked online and on their desk,
472
00:32:20.880 --> 00:32:23.279
but I also think, you know, to Nathan's point, you know,
473
00:32:23.319 --> 00:32:25.720
if you stick your head out the
window, you can hear people sending
474
00:32:25.839 --> 00:32:30.630
out zoom happy hours and, you
know, alcohol kits and things like that.
475
00:32:30.789 --> 00:32:34.990
I think that's already worn out.
Yeah, so the challenges is now
476
00:32:35.069 --> 00:32:38.670
an you do and you know,
a finger painting kit? I don't know
477
00:32:38.750 --> 00:32:43.789
what he send out. So I
mean that actually, that's a pretty good
478
00:32:43.829 --> 00:32:45.700
it is but anyway, just kidding. But you should keep an eye on
479
00:32:45.819 --> 00:32:51.299
this. I think it's an ever
evolving to new economy. It's a new
480
00:32:51.819 --> 00:32:53.460
reality and I think, yeah,
going to be a new sales. So
481
00:32:53.819 --> 00:32:57.700
just keep an our eye on it
and trying to monitor and dial it every
482
00:32:57.700 --> 00:33:00.650
day. Yeah, and I think
you know, try to zoom. Try
483
00:33:00.650 --> 00:33:07.250
to zoom pictionary with without the halt. That works our card cards against humanity.
484
00:33:07.569 --> 00:33:09.329
Maybe that's fantastic. That would you
that. That would doubt the be.
485
00:33:09.890 --> 00:33:13.839
So we had all fast day back
in do you offishally trendy a week
486
00:33:13.839 --> 00:33:16.960
or so ago, and we blake
out against humanity at lunch time and and
487
00:33:17.240 --> 00:33:20.920
you know I did. I did
indeed, with that game, with some
488
00:33:21.079 --> 00:33:25.160
singing and laughing like there's that,
I managed to get some tracious combination.
489
00:33:25.720 --> 00:33:30.150
That's some some wouldn't appreciate, but
there you go. But not, I
490
00:33:30.230 --> 00:33:32.750
think you know, one of the
if had we've done with you, lass
491
00:33:34.230 --> 00:33:37.670
and what we realize through the conversation
that we ad with you, but your
492
00:33:37.710 --> 00:33:43.259
team is the target market are shrinking. We can go after everyone like we
493
00:33:43.339 --> 00:33:45.579
used to do before. You know, if you look at obviously the US
494
00:33:45.660 --> 00:33:49.259
economy is quite large, but I'm
friend. So if you look at the
495
00:33:49.339 --> 00:33:52.339
French economy, you look at the
first forty accounts in front the Qeq forty,
496
00:33:52.859 --> 00:33:57.849
you've got their force, you've got
are bus, you've got so dick
497
00:33:57.930 --> 00:34:01.609
so, which are basically a complied
service company, a hotel, you know.
498
00:34:02.170 --> 00:34:05.849
So out of the check forty,
that's already ten percent that you can't
499
00:34:05.849 --> 00:34:08.210
address. I mean those guys are
in in a terrible situation. But then
500
00:34:08.250 --> 00:34:14.400
I can go on pusual runos try
and, you know, value, which
501
00:34:14.440 --> 00:34:16.559
is suppledg of all those guys.
So you end up with a current CAC
502
00:34:16.599 --> 00:34:21.000
forty that is basically a KCT twenty. And I think this is why,
503
00:34:21.920 --> 00:34:24.269
you know things needs to addapt because
it's almost like you can't address as much
504
00:34:24.269 --> 00:34:29.269
people as you could be for us, and I think it's important for sales,
505
00:34:29.429 --> 00:34:34.190
as we said, seals should spend
more time addressing better what's left to
506
00:34:34.269 --> 00:34:37.190
address, and marketing should support them
in doing so, you know, and
507
00:34:37.269 --> 00:34:39.579
the story should be there and and
then after I think it's a conversation of
508
00:34:39.619 --> 00:34:44.980
getting into the accounts and, despite
the fact that you have less and despite
509
00:34:45.059 --> 00:34:47.340
the fact that you owned the pressure
to make numbers, it's to have a
510
00:34:47.420 --> 00:34:51.179
conversation of thing will look. Tell
me what you're trying to achieve from a
511
00:34:51.179 --> 00:34:53.130
business perspective. I'm going to tell
you what work, but I canna tell
512
00:34:53.130 --> 00:34:55.690
you about the value we can bring. But we need to see if there
513
00:34:55.769 --> 00:35:00.769
is a much on no match.
But your point also is that most of
514
00:35:00.929 --> 00:35:04.289
for colons, I said ninety percent
of the people we work with. We've
515
00:35:04.289 --> 00:35:07.239
also at events with like CIO or
online stuff that we've done with is Sei,
516
00:35:07.280 --> 00:35:10.280
UCIS, so ctus, you name
it, some people who are making
517
00:35:10.320 --> 00:35:15.679
decision in buying. Everybody's saying the
same thing. When a decision is made,
518
00:35:15.920 --> 00:35:17.920
the cell cycles are fifty percent the
lens of what they were before.
519
00:35:19.199 --> 00:35:21.989
It doesn't take nine months anymore to
get things done. You know, when
520
00:35:22.030 --> 00:35:25.070
we have decided to do something in
stree months time, is implemented and and
521
00:35:25.150 --> 00:35:29.750
the thing that there is a sort
of velocity in the cell cycle, in
522
00:35:29.829 --> 00:35:34.750
the decision making process. But you
know, from my personal perspective, I
523
00:35:34.869 --> 00:35:38.019
do believe that cells needs to addapt
in the mob. I know it sounds
524
00:35:38.059 --> 00:35:42.820
a little bit cliche, but that
challenge yourselves, methodology, that challenge ourselves,
525
00:35:42.900 --> 00:35:46.300
method of going to the prospect and
actually not trying to sell them something,
526
00:35:46.420 --> 00:35:50.730
but trying to help them, trying
to under some what they're trying to
527
00:35:50.730 --> 00:35:52.809
achieve. And so, you know
what, you're not for me, like
528
00:35:52.969 --> 00:35:54.289
you would do on the date.
You know you could date with someone.
529
00:35:54.409 --> 00:35:59.690
She's extremely good looking or is extremely
good looking, so on the first safe
530
00:35:59.690 --> 00:36:01.409
of it's going to be a good
one. And then you speak to them
531
00:36:01.449 --> 00:36:05.519
and there is nothing inside and you'll
be like laughs, you know, that's
532
00:36:05.559 --> 00:36:07.199
not for me. I don't really
want to see you again. You won't
533
00:36:07.239 --> 00:36:08.400
force yourself for you and I think
you should do the same in a cell
534
00:36:08.480 --> 00:36:13.679
cycle and not be scared of not
finding another beautiful person that you could emit,
535
00:36:14.199 --> 00:36:16.000
because you know it's if you unfull
for lad he is probably not what
536
00:36:16.119 --> 00:36:21.750
matters to you. And and hugging
the opportunity trying to push people to do
537
00:36:21.909 --> 00:36:24.909
things. Being insistent won't give you
anything in the cell cycle. It will
538
00:36:24.949 --> 00:36:30.110
actually retake people. So so,
yeah, but that's that's makes to sense
539
00:36:30.150 --> 00:36:34.460
on that. Yeah, I mean
I think you know goes about saying there's
540
00:36:34.460 --> 00:36:36.900
going to be haven't had knots,
winners and losers. I think it's going
541
00:36:36.940 --> 00:36:40.179
to be a pretty start line,
given this economy. You know, clearly
542
00:36:42.340 --> 00:36:45.739
I forgot the acronym, but it's
basically you know, anything in tourism hotels
543
00:36:45.860 --> 00:36:52.250
like course you mentioned hurting right,
very much so. But you know what,
544
00:36:52.329 --> 00:36:57.170
I think overall not to be you
know, poor ten doom. But
545
00:36:58.250 --> 00:37:01.000
you know, clearly, you know
the US of a is doing a really
546
00:37:01.239 --> 00:37:05.639
crappy job on this, on the
covid thing, and you know it kind
547
00:37:05.639 --> 00:37:09.559
of waiting for the next economic shoot
to drop as a result of kind of
548
00:37:10.360 --> 00:37:15.000
you know what's going on out there. So it's there. Everybody's kind of
549
00:37:15.000 --> 00:37:17.789
a wait and see. To d
these point earlier is cash preservation mode and
550
00:37:20.070 --> 00:37:24.389
I've got a lot of resumes my
inbox, but anyway, it's it's still
551
00:37:24.429 --> 00:37:27.909
kind of a wait and see mode
for a lot of folks. Yeah,
552
00:37:28.309 --> 00:37:35.059
yeah, and we foken broken narrow
guess about from out the mult expect tim
553
00:37:35.780 --> 00:37:38.940
the channels. Time. Nathan sharing
some of this dropt togg against that.
554
00:37:39.099 --> 00:37:44.409
What time for him and some of
the things they point more recently to have
555
00:37:44.650 --> 00:37:50.730
short time positive impact. But what
if some of the strategies you've got utilize,
556
00:37:50.769 --> 00:37:55.210
I guess, could be robust through
through both the previous Evenus, if
557
00:37:55.489 --> 00:38:00.880
the actually well, if you move
different companies, your scenario? Well,
558
00:38:01.440 --> 00:38:05.000
I think, just to play off
a litt bit of the last commentary,
559
00:38:05.000 --> 00:38:08.239
I absolutely agree that the history of
the future is not yet fully written.
560
00:38:08.360 --> 00:38:12.800
But I think early in your commentary
about, you know, the CAC forty,
561
00:38:12.840 --> 00:38:15.829
as others shrinking actually could be a
favorable thing ultimately, because how many
562
00:38:15.829 --> 00:38:22.269
times did we kid ourselves that we
could actually hit every customer? Need segmentation
563
00:38:22.309 --> 00:38:28.539
wise, vertical wise, etc.
So some of that natural consolidation of the
564
00:38:29.780 --> 00:38:35.619
lovely partner potentials and the bar has
gone down quite dramatically and so it gives
565
00:38:35.619 --> 00:38:38.820
us a lot, you know,
I think, more target rich environment and
566
00:38:39.340 --> 00:38:43.050
to some of things that Nathan was
talked about about, you know, being
567
00:38:43.130 --> 00:38:45.650
more specific and intent on how you
reach out to those and getting some of
568
00:38:45.690 --> 00:38:51.409
these classical sales and marketing internal disputes
of what is a good mql Tos ql
569
00:38:51.449 --> 00:38:52.809
and having that Dick Ring and fighting. I think there's a lot of really
570
00:38:53.530 --> 00:38:59.320
forget the humanistic side and the economic
sided. I'm sobered all that being intensely
571
00:38:59.360 --> 00:39:02.360
catastrophic, but there's always a silver
lying touch wood. I think this could
572
00:39:02.360 --> 00:39:07.920
be an amazing way for be to
be selling and marketing and GTM to actually
573
00:39:07.920 --> 00:39:10.710
learn a lot right and get out
some of the laziness and maybe some of
574
00:39:10.750 --> 00:39:15.150
the habits that we performed over the
past twenty years of enterprise p tob selling.
575
00:39:15.989 --> 00:39:17.949
So as it as it relates to
the partner side of things, you
576
00:39:19.030 --> 00:39:22.750
know, I think some of the
tried and true pieces that I've seen both
577
00:39:22.829 --> 00:39:27.940
as a direct seller and a partner
seller, is one know the customer right.
578
00:39:27.980 --> 00:39:30.619
So if you're a vendor and you
have a you know, an intent
579
00:39:30.780 --> 00:39:35.900
or in direct sales motion, far
too often I find that the the customer
580
00:39:36.179 --> 00:39:38.449
which is right is the end user
and that's where all of the cross functional
581
00:39:38.489 --> 00:39:44.610
alignment attention goes, the website,
the branding, the DG campaigns, the
582
00:39:45.329 --> 00:39:49.889
order administration focus, etc. And
then that partner side of the business is
583
00:39:49.929 --> 00:39:54.119
often neglected and depending upon what percentage
of that business is already, or you're
584
00:39:54.119 --> 00:39:58.559
intended to have come generated from your
partners, which ultimate is what you're trying
585
00:39:58.599 --> 00:40:01.519
to get them to do. Looking
at your partner community as the customer and
586
00:40:01.679 --> 00:40:06.840
having a separate, dedicated motion that
still blends in well with all the things
587
00:40:06.840 --> 00:40:09.429
you're trying to do of ease of
doing business, of the narrative in the
588
00:40:09.510 --> 00:40:15.269
story, of the the company's value, proper business objectives and technical differentiation,
589
00:40:15.630 --> 00:40:21.500
but really treating that for how a
partner consumes and what language they need to
590
00:40:21.579 --> 00:40:24.539
ultimately become a extension of your sales
force, which is which is what we're
591
00:40:24.539 --> 00:40:29.219
trying to go do, so that
that's something that has been tried and true
592
00:40:29.219 --> 00:40:34.619
and and in times like these is
is even more critical. We're finding is
593
00:40:35.019 --> 00:40:37.690
is some of commentary has been is
shoot a lot of ours. You know,
594
00:40:37.809 --> 00:40:42.090
our partner sellers right a big resellers
at the regional boutique bars, at
595
00:40:42.130 --> 00:40:45.409
the Global Siye, they're in the
same spot that many of the customers are,
596
00:40:45.449 --> 00:40:47.090
which is I can't go see my
customer, I'm sit in front of
597
00:40:47.090 --> 00:40:52.800
my laptop. My tradition, little
things of selling that maybe have been,
598
00:40:52.039 --> 00:40:55.960
you know, on Prem Centric,
and maybe that nice to have, not
599
00:40:57.079 --> 00:40:59.719
a must have or being delayed.
What are the things I can go sell
600
00:40:59.880 --> 00:41:02.559
now? And I think it creates
an opportunity for maybe bom things like you
601
00:41:02.599 --> 00:41:06.510
guys are doing, creating a new
new market, which is hey, this
602
00:41:06.670 --> 00:41:10.309
isn't something that's oversaturated. That next
server, that next laptop or that next
603
00:41:10.349 --> 00:41:15.030
piece of software. And how do
you then? Can you have the right
604
00:41:15.429 --> 00:41:20.300
enablement, the right messaging, the
right empowerment for that partner to allow them
605
00:41:20.380 --> 00:41:23.780
to take your message going forward so
that, knowing your partners are customers,
606
00:41:23.940 --> 00:41:30.179
there is a critical element in times
of froppiness and times of blast half half
607
00:41:30.260 --> 00:41:35.010
empty as well. Yeah, I
comment on that, of course. Yeah,
608
00:41:35.289 --> 00:41:37.289
I think you're touching on some great
points there, Tim and, and
609
00:41:37.369 --> 00:41:43.210
I think that speaks to the changing
nature of relationships where a customer as a
610
00:41:43.289 --> 00:41:47.119
partner and a partner is an advocate
and not just looking at sort of these
611
00:41:47.280 --> 00:41:53.920
traditional, somewhat limited views of what
a relationship and business interaction needs to look
612
00:41:53.960 --> 00:41:59.000
like. And a lot of that
is being driven by cloud and by,
613
00:41:59.400 --> 00:42:02.949
you know, technology and artificial intelligence
and automation and a lot of these tools
614
00:42:02.989 --> 00:42:07.510
that are giving us new insights and
also the ability I think, for organizations
615
00:42:07.630 --> 00:42:13.030
to conceive of new ways of doing
business, and that's driven also by necessity.
616
00:42:13.550 --> 00:42:16.420
So just a couple things that I'm
seeing from the VC side is these's
617
00:42:16.420 --> 00:42:20.579
are getting a lot more creative also, and a lot more supportive with their
618
00:42:20.579 --> 00:42:23.260
early stage companies. They're making a
lot more connections. But we're doing things
619
00:42:23.420 --> 00:42:30.369
like customer advocate round tables where you
have a customer that is in a room
620
00:42:30.530 --> 00:42:37.250
with multiple vendors and or one vendor
in with multiple customers and it's a round
621
00:42:37.289 --> 00:42:44.599
table to talk about a specific discussion
topic. I'm also seeing stacking of solutions
622
00:42:44.639 --> 00:42:51.280
and doing demo days where you have
multiple values that are blended into one architectural
623
00:42:51.440 --> 00:42:54.039
solution, one stack. So we're
working right now, for example, on
624
00:42:54.079 --> 00:42:59.309
the remote stack and what goes into
that. You know what products and solutions
625
00:42:59.750 --> 00:43:05.550
can be really optimistic and optimizing for
your remote workforce management? A lot of
626
00:43:05.670 --> 00:43:12.070
solutions right now are focusing on,
you know, deriving insights with artificial intelligence
627
00:43:12.269 --> 00:43:15.699
and how do you get your sales
teams to become better at what they do
628
00:43:15.860 --> 00:43:20.900
by aggregating all of the conversations at
every seller's had with every customer and getting
629
00:43:20.900 --> 00:43:23.539
insights from those from solutions, you
know, like Gong and Clary and we
630
00:43:23.619 --> 00:43:27.889
have another one called set sale.
That's a spiff and enhancing solution. So
631
00:43:28.329 --> 00:43:35.210
elevating the conversation by using tools and
getting more to the heart of what that
632
00:43:35.449 --> 00:43:39.369
customer needs at that time. I
think that's really you know, synthesizing what's
633
00:43:39.369 --> 00:43:44.679
going on in the market and then
not limiting the conversation with a single entity
634
00:43:45.079 --> 00:43:49.159
and maybe real looking at your supply
chain and your workforce and your customer base
635
00:43:49.280 --> 00:43:53.079
and all your constituencies and trying to
find opportunities that exceed what would be the
636
00:43:53.639 --> 00:43:57.869
sort of traditional relationship. Ye,
now, that was a lot, but
637
00:43:58.429 --> 00:44:01.030
there's really would make sense not during
a conversation. Yeah, thank you'll makes
638
00:44:01.070 --> 00:44:07.349
sense and you know, it's very, very valuable insight from your sight.
639
00:44:07.510 --> 00:44:09.980
Pat. You know, you a
portrait to as someone who's got to a
640
00:44:10.059 --> 00:44:14.500
tremendous atrophic experience and both side of
the Atlantic. I know that you've been
641
00:44:14.619 --> 00:44:19.179
direct sells lots of channel relationship as
well. What are the do and dawn?
642
00:44:19.380 --> 00:44:22.619
So what would be, you know, if you had one thing to
643
00:44:22.659 --> 00:44:27.329
say in some of best practice that
you see it in one specific regional differences
644
00:44:27.409 --> 00:44:29.730
with basically, I just want to
open up to you to get a bit
645
00:44:29.769 --> 00:44:31.530
of your insight on the conversations.
If I know that you can have jump
646
00:44:31.650 --> 00:44:35.610
on on the conversation as we go. I want to give you a bread
647
00:44:35.650 --> 00:44:37.719
from to kind of show you experience. Yeah, yeah, thanks, thanks
648
00:44:37.760 --> 00:44:40.679
all really and person of all,
I just wanted to say a lot the
649
00:44:40.679 --> 00:44:45.760
DD. I know Peter Wagner very
well. He was on my board at
650
00:44:45.800 --> 00:44:49.119
top spin. So please say hello
when you when you talk to him.
651
00:44:49.559 --> 00:44:54.030
Amazing. So, yeah, yeah, yeah, definitely so. So one
652
00:44:54.070 --> 00:44:58.710
thing I want to do, I
want to comment on, is I think
653
00:44:58.710 --> 00:45:02.349
all the rules of the last,
you know, decade or so of how
654
00:45:02.389 --> 00:45:08.059
you build businesses and different geographies and
whatnot are being tested right now and I
655
00:45:08.099 --> 00:45:10.139
don't think they're going to be the
same one we come out of this.
656
00:45:10.619 --> 00:45:15.300
I'm very interesting to see how employed
years act our employers and and other companies
657
00:45:15.539 --> 00:45:20.460
and whatnot, because they've squeezed more
productivity out of us and they ever got
658
00:45:20.500 --> 00:45:22.210
before. Right. I mean I'm
sure all of you guys all have the
659
00:45:22.250 --> 00:45:25.889
same kind of calendar that I do. I mean it's, you know,
660
00:45:27.809 --> 00:45:30.090
the day to be. I'm I
live on the west coast but you know,
661
00:45:30.170 --> 00:45:34.849
my day typically starts at seven.
I've got my first first call at
662
00:45:34.929 --> 00:45:39.280
seven and it's basically through the day
until about well of hours later. And
663
00:45:39.840 --> 00:45:44.159
when it's time to shut it down
and go, you know, go,
664
00:45:45.320 --> 00:45:49.239
go, have a meal and some
family time and then and then you've got
665
00:45:49.280 --> 00:45:52.070
to catch up with the stuff that
you couldn't get you during the day because
666
00:45:52.070 --> 00:45:54.510
you're our meetings all day. So
I mean we're, you know, our
667
00:45:55.150 --> 00:46:00.110
employers are getting more out of us. When it when this thing finally does,
668
00:46:00.510 --> 00:46:04.269
you know, when, when the
whole covid scenario does flatten out,
669
00:46:04.380 --> 00:46:07.460
which it will eventually, at some
stage, somehow, it'll flatten out,
670
00:46:07.460 --> 00:46:13.019
whether it's whether it's from a you
know, a vaccine or you know,
671
00:46:13.179 --> 00:46:17.219
just, you know, finally countries
getting it right as far as when,
672
00:46:17.420 --> 00:46:21.650
when and how and how deeply the
lockdown, but it will flatten out.
673
00:46:21.690 --> 00:46:23.849
And at that point in time will, you know, will the things that
674
00:46:24.369 --> 00:46:28.650
we've learned from how to do business
in a different way? Will they still
675
00:46:28.690 --> 00:46:30.570
be there? Will we capitalize on
them, or will we go back to
676
00:46:30.650 --> 00:46:37.000
the old ways? Right, some
of our some of our less productive habit
677
00:46:37.280 --> 00:46:40.000
right, you know, a lot
of car travel between meetings and things like
678
00:46:40.280 --> 00:46:44.679
that that there was. There was
a dead time, right, but that
679
00:46:44.840 --> 00:46:47.590
resulted in more facetoface stuff. I
think we've proven that we can do business
680
00:46:47.630 --> 00:46:52.710
this way and it isn't it isn't
optimal, but if possible and you can
681
00:46:52.789 --> 00:46:55.110
make the most out of it.
And I think that those are the things
682
00:46:55.110 --> 00:46:59.190
that are being they are being proven
out. The question is whether or not,
683
00:46:59.309 --> 00:47:02.300
though, remain after we you know, after after things flattened out of
684
00:47:02.380 --> 00:47:07.940
it. So I think my first
comment really is, I don't you know,
685
00:47:08.579 --> 00:47:13.739
I don't really know that the things
that were proven out over the last
686
00:47:13.780 --> 00:47:15.570
ten years or the last four years. We've known each other when I was
687
00:47:15.650 --> 00:47:22.050
working in international markets from my previous
company and spending a lot of time in
688
00:47:22.210 --> 00:47:24.530
London and a lot of time in
Australia and a few other places. I
689
00:47:24.769 --> 00:47:29.530
don't know that. I don't know
that, you know, the techniques that
690
00:47:29.730 --> 00:47:34.679
we use them would will necessarily be
as effective when we come out of it.
691
00:47:35.199 --> 00:47:37.000
So I think we had, you
know, one thing, one thing
692
00:47:37.119 --> 00:47:43.239
I do believe is that in any
kind of tech business, flexibility is the
693
00:47:43.360 --> 00:47:47.070
most important thing, right, and
you know, I'm you know, I'm
694
00:47:47.110 --> 00:47:51.949
kind of you know, I kind
of believe that, you know, Shit
695
00:47:52.070 --> 00:47:55.269
always goes sideway. It is going
to happen. I mean you're you know
696
00:47:55.429 --> 00:47:59.380
your businy. You know that no
matter how well you plan, your business
697
00:47:59.380 --> 00:48:02.500
is going to go sideway because the
economy is going to change, or the
698
00:48:02.619 --> 00:48:06.780
technology landscapes are going to change with
the competitive environment is going to change,
699
00:48:06.820 --> 00:48:12.219
or or you're going to have some
some you know, catechorlism with your own
700
00:48:12.300 --> 00:48:15.329
technology or one of your big competitors
and will shake up the entire market.
701
00:48:15.610 --> 00:48:21.010
And here we have the exact evidence
of that right only all rolled into one.
702
00:48:21.289 --> 00:48:27.090
So you know, I think that
the most important thing that companies can
703
00:48:27.159 --> 00:48:30.000
do, regardless of whether it's,
you know, ones that have a US
704
00:48:30.159 --> 00:48:35.079
focus, ones that have a focus
and other theaters for that are global,
705
00:48:35.320 --> 00:48:39.039
is you have to constantly challenge your
assumptions about what are the critical things that
706
00:48:39.159 --> 00:48:43.230
you did to build your company,
like what was that one? What was
707
00:48:43.309 --> 00:48:45.550
that fundamental problem that you set out
to solve? Is it so fundamental?
708
00:48:45.909 --> 00:48:49.789
You have to challenge those assumptions and
if that's still holds, then you have
709
00:48:49.869 --> 00:48:52.789
to go to the next stage,
which is who am I solving this for?
710
00:48:52.989 --> 00:48:54.550
Has that change now? And they
have to go to the next one,
711
00:48:54.630 --> 00:48:58.380
which is the person within that company. That would be a hero if
712
00:48:58.420 --> 00:49:01.179
I solve this problem six months ago, if you still the guide, right,
713
00:49:01.500 --> 00:49:05.780
and how do I package my product
so that it can be consumed in
714
00:49:05.940 --> 00:49:07.260
this new world? Right, you've
got to take it all the way down,
715
00:49:07.420 --> 00:49:10.530
and that the end of at the
end of that chain, is how
716
00:49:10.610 --> 00:49:15.489
do I build the company to support
that chain, because you can't put the
717
00:49:15.570 --> 00:49:19.530
company in the middle or at the
front, because then when the market changes,
718
00:49:19.650 --> 00:49:22.369
the company thrashes. Right, it's
just like you kind of pull that
719
00:49:22.409 --> 00:49:25.320
chain tight that you know, that's
how that's how start up companies have to
720
00:49:25.400 --> 00:49:29.719
pivot many, many times, is
because they take the company and they think
721
00:49:29.760 --> 00:49:32.719
it too close to the fundamental problem
at the company needs to be built at
722
00:49:32.800 --> 00:49:37.159
the end of that chain. It
needs be able to support all of those
723
00:49:37.199 --> 00:49:40.469
pieces. But you have to go
back to the assumption, right, did
724
00:49:40.630 --> 00:49:44.989
you did? Did the assumption of
the assumptions hold? They hold even in
725
00:49:45.110 --> 00:49:49.789
this current time. Friend, and
for my current company, Portanex, which
726
00:49:49.869 --> 00:49:53.500
is a soccer security company focused on
encrypting in a different way than we've encrypted
727
00:49:53.539 --> 00:49:58.619
before. Will focus on encrypting data
in use. The really only two ways
728
00:49:58.699 --> 00:50:01.420
to encrypt data winners that use,
and one of them is sort of experimental
729
00:50:01.539 --> 00:50:05.179
and the other one is the way
we do it, which is based on
730
00:50:05.619 --> 00:50:07.889
an underlying Intel technology. But yeah, the fact that the matter is you
731
00:50:07.889 --> 00:50:12.769
could always think crypt stuff at rest
in emotion, but now you have to
732
00:50:12.849 --> 00:50:15.130
protect stuff the use, in use, because that's where the bad guys have
733
00:50:15.250 --> 00:50:22.760
been coming and getting your data.
So that that fundamental assumption that that was
734
00:50:22.840 --> 00:50:25.199
going to be a critical need and
the industry is still there, right.
735
00:50:25.199 --> 00:50:28.760
I mean we but we had to
go back and we had to challenge that.
736
00:50:28.840 --> 00:50:30.679
Then we had to challenge how do
we consume it? Yeah, so
737
00:50:31.320 --> 00:50:35.199
I think that you know, regardless
of the theater, those are those are
738
00:50:35.320 --> 00:50:37.750
things that you've got to you've got
to do, and that makes sense.
739
00:50:37.829 --> 00:50:43.269
But fortunate at least time flies by
when you are having fun and we getting
740
00:50:43.349 --> 00:50:45.469
to the end of yeah, well
else. So we, I'm sure that
741
00:50:45.590 --> 00:50:51.420
all of your gays have thozon meeting
some invisible with you now to run some
742
00:50:52.019 --> 00:50:54.019
clients, to set us stuff to
except try excess for us. So I
743
00:50:54.179 --> 00:50:58.019
just want you to think you all
for your time to day. Really appreciate
744
00:50:58.099 --> 00:51:00.500
the fends you took the thing to
come in and show some of your sorts
745
00:51:00.539 --> 00:51:04.059
with us, really enjoy the congustion
of could have gotten on a was a
746
00:51:04.139 --> 00:51:07.329
week of that conversation. I just
love it. And then we picked your
747
00:51:07.369 --> 00:51:10.650
gays because we know that you old
quastinate about your subject. So so,
748
00:51:10.690 --> 00:51:14.289
yeah, we could have gone on
so much, much longer. We will
749
00:51:14.329 --> 00:51:17.960
show all your contact details with when
we published a podcast, so it may
750
00:51:17.960 --> 00:51:22.719
be defended. People wants to get
in touch with you to discuss folso and
751
00:51:22.280 --> 00:51:25.960
show yoursels how engage are on your
solutions or whatever, and we would also
752
00:51:27.079 --> 00:51:30.840
produce a block bus. But once
again, I want you to thank you
753
00:51:30.920 --> 00:51:34.150
all for your time today. Was
An absolutely absolute pleasure to have you on
754
00:51:34.190 --> 00:51:37.750
the show. Thank you, heynousing. Thank you. Thank you guys.
755
00:51:37.829 --> 00:51:42.309
Thank you, thank you, guys. Thanks so much for buddy. Stay,
756
00:51:42.389 --> 00:51:47.659
stay safe, guys. Bye Bye, bye. Right operatics has redefined
757
00:51:47.780 --> 00:51:53.900
the meaning of revenue generation for technology
companies worldwide. While the traditional concepts of
758
00:51:54.019 --> 00:52:00.420
building and managing inside sales teams inhouse
has existed for many years, companies are
759
00:52:00.500 --> 00:52:05.690
struggling with a lack of focus,
agility and scale required in today's fast and
760
00:52:05.849 --> 00:52:10.769
complex world of enterprise. Technology sales. See How operatics can help your company
761
00:52:10.809 --> 00:52:17.239
accelerate pipeline at operatics dotnet. You've
been listening to be tob revenue acceleration.
762
00:52:17.920 --> 00:52:22.199
To ensure that you never miss an
episode, subscribe to the show in your
763
00:52:22.199 --> 00:52:25.239
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