So this is the third in our series. The first post is What a Great VP of Sales Actually Does. So you expect the right things and hire your rockstar at the right time to do the right things. The second post is a script for you to use (and modify as you see fit) – 10 Great Questions to Ask a VP Sales Candidate. So you hire someone that really did it, and can do it — not a pretender.
OK, so you’re ready to make the hire. You know what to expect. And now you’ve got your script to help ferret out the posers.
Now — who do you hire? Just so you know, there are 48 Different Types of VP Sales. If you want it to work — make sure your top candidate is the right type for your SaaS company.
First, let’s look at 4 stages of ARR and the 4 types of VP Sales that match those stages. Because the #1 mistake is hiring someone for the wrong stage, with the wrong stage experience:
The Evangelist. The Evangelist is someone that is generally very smart and passionate about your product (already understands it in the first meeting) and is very customer-centric. The Evangelist can immediately go out and just start selling your product to anyone they can get a meeting with and can chat the ear off any inbound prospects. The Evangelist can seem like just what you need to hire if you’ve never hired a VP Sales. You’ll like the Evangelist. A lot. So does everyone on your team. The problem with The Evangelist? He or she has never actually built or scaled a sales team before. They know how to think creatively and cross-functionally. They’re fun to work with. But 9 times out of 10, this is a waste of a hire and your time unless it’s super early. Because you have to be the evangelist, along with the first 1-2 reps you hire. Look for these skills in your first reps. But after that, as your first VP of Sales — you need someone that can scale and really build a team. Not just be engaging and know the product cold.