Equity would get complicated, quickly. Profit sharing seems to be an easier route. I'm not sure I agree with sales being in product development. You run the risk of having a sales person champion an idea as the greatest…
I know not all accelerators work this way, but some are retroactive for business closed in the period. For example: 25% of 500 = $125 vs 15% of 499 = $75 But in other instances, you're right, and typically the…
> we're talking about salespeople hired to scale up a proven business model, not entrepreneurs exploring different ways to make money. I don't think it was intended, but that's a condescending statement. That's like…
I don't want to speak for John, but this is my answer to the same question: "Sales isn't rocket science, it just takes someone who is comfortable talking to people...and when you're selling something you believe in,…
That's a really good question. The short answer is, "it depends." In my mind, the problem is that commission is an incentive to do whatever it takes to close the deal -- especially if you're in an uncapped commission…
Long time HN contributor, first time I've felt the need to go anonymous. I've been in sales my entire professional career, but always commissioned based. I've worked in SMB with small teams and enterprise with massive…
Equity would get complicated, quickly. Profit sharing seems to be an easier route. I'm not sure I agree with sales being in product development. You run the risk of having a sales person champion an idea as the greatest…
I know not all accelerators work this way, but some are retroactive for business closed in the period. For example: 25% of 500 = $125 vs 15% of 499 = $75 But in other instances, you're right, and typically the…
> we're talking about salespeople hired to scale up a proven business model, not entrepreneurs exploring different ways to make money. I don't think it was intended, but that's a condescending statement. That's like…
I don't want to speak for John, but this is my answer to the same question: "Sales isn't rocket science, it just takes someone who is comfortable talking to people...and when you're selling something you believe in,…
That's a really good question. The short answer is, "it depends." In my mind, the problem is that commission is an incentive to do whatever it takes to close the deal -- especially if you're in an uncapped commission…
Long time HN contributor, first time I've felt the need to go anonymous. I've been in sales my entire professional career, but always commissioned based. I've worked in SMB with small teams and enterprise with massive…