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I met an old friend for lunch last week. We've known
each other for almost 20 years and whenever he calls,
I'm always willing to drop what I am doing and share a
few hours of "bonhomie" with him. I'll be eternally
grateful to this friend because he gave me my first
break in recruiting.
This was in the early nineties and I was just starting
out. He was running a company with a sales force
of about 10 people and looking to expand his
group. He called me in to meet with him and his very
dynamic vice president of sales. I needed to get a
full sense of what they were looking for in a
salesperson and of their hiring process. Because
the fees were contingent on our finding a salesperson,
I knew having all of the information was a critical first
step.
It was a good meeting. I asked pertinent questions,
calling upon my excellent recruiter training videos and
those suggested by my boss. I quickly filled up three
legal pages of notes! I had a commitment from
them for times they could interview and a target start
date for our new hire. I was chomping at the bit
to get back to the office and pick up the phone to
start
my recruiting. As he escorted me to the door, my
friend requested that his next comment be "off the
record."
"There is one more thing I'd like, Betsy. I'd like a
young guy with a big mortgage," he laughed.
"What," I said, "are you talking about?" He then told
me something very interesting. He said, "I've always
found that the most successful salespeople
— and I have spent my entire career in sales
— are those who have to
succeed. They have a lifestyle that is dependent
on their success in sales. Whether they just
bought a new house or a new, fancy car, or like to
take
expensive vacations, I've always found those are
the guys and gals who are driven. See if you can
find me a few of those!"
Is There Such a
Thing as Positive Pressure?
Until that day, I had never thought about how the
real pressure of having to meet financial
obligations can work in a positive way for some
people. Years ago, I sold alongside of one fellow who
bought a new (quite expensive) car every two years.
He told me then that he didn't mind the pressure of a
big car payment — it actually motivated
him to get out there and sell. And, I must admit,
he was a top producer.
So, when you are hiring, short of asking someone how
big his or her mortgage or car payment is, how
can you tell if you are talking to someone who is
motivated positively by financial pressure?
Here are three ways to find that out:
- ASK — that's right! After you have
reviewed their sales history and quota numbers (all
the basic "stats"), just ask straight out what
motivates them and then sit back and
listen. Most will be very honest and tell you. I am
fascinated by what motivates salespeople and, for
most, money is a very, very big part of their
motivation.
- Review Their Salary History. When you
are reviewing past sales jobs, ask for the base
salary and the commission and bonus components
of their compensation. Look for signs of
career progression and subsequent
increasing compensation. Many times I talk
to candidates who take jobs with increasing
responsibility and pay as their personal lives
change, i.e., they get married and start a family,
buy their first house, etc. These are good signs
that they need to keep earning at a certain level
and may be positively motivated by their increasing
financial responsibility.
- Catch It in the Conversation. My
interview style tends to be very conversational. It's not
unusual for me to uncover where a candidate went on
his vacation last year or even what kind of car he is
driving. I take note of pieces of information that reveal
his lifestyle. I then quickly ascertain roughly how
much compensation a candidate needs to
accommodate that lifestyle. You can do the same.
Trust me, it's not hard. Just keep your ears open and
the conversation light.
There is a lot to be said for hiring a salesperson who,
for whatever reason, is driven to be financially
successful. While I personally hate to see anyone
under so much pressure, financial or otherwise, there
are times when that pressure can be a positive force
for both of you.
P.S. Bear in mind that while there is much to be
learned by understanding a candidate's complete
picture, there are rules and regulations
regarding what can and can not be asked in a job
interview. For more on this, check out this "HR
Matters" newsletter.
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