I have been recruiting marketing leaders for thirteen years now.
Speaker:There's one thing I've heard over and over again from CEOs and investors.
Speaker:That's that of all the hiring they do across the C-suite, hiring the
Speaker:CMO is often the most challenging.
Speaker:They perceive so much risk in hiring, and they're often just scared of the process.
Speaker:Today, we look at why that is and how it can be easier.
Speaker:Hello, and welcome to The Get.
Speaker:I'm your host, Erica Seidel.
Speaker:I spend my days recruiting CMOs and VPs of Marketing in B2B SaaS.
Speaker:My tagline is I place the make-money marketing leaders
Speaker:and not the make-it-pretty ones.
Speaker:With my role, I have a front-row seat to the trends, tribulations, and triumphs of
Speaker:today's top marketing leaders in B2B SaaS.
Speaker:And now with The Get you do, too.
Speaker:The Get is designed to drive smart decisions around recruiting and
Speaker:leadership in B2B SaaS marketing.
Speaker:This season, we focus on the race to reduce risk when it comes to a
Speaker:match between a company and a CMO.
Speaker:How can you find out what you need to find out before saying yes so that you
Speaker:make a match that sticks and flourishes?
Speaker:Today, I'll talk about what it's like for people who are hiring a
Speaker:CMO, CEOs, or investors primarily.
Speaker:How is this process risky from their perspective?
Speaker:Then, I will bring on my guest, James Lamberti.
Speaker:He will share his take on hiring CMOs and getting hired as a CMO, having
Speaker:seen this across multiple companies.
Speaker:Why is it hard to recruit a CMO?
Speaker:First, there's just a lot at stake.
Speaker:Marketing is often central to the thesis that a company has for its growth journey.
Speaker:The faster the company can get the right leader in, the faster they
Speaker:can achieve their growth goals.
Speaker:So the pressure is on.
Speaker:But CEOs and investors tend to be more knowledgeable about the role
Speaker:of, say, a CFO or a product leader.
Speaker:Their knowledge of marketing can be comparatively lower.
Speaker:It doesn't help that the job of the marketing leader is so varied.
Speaker:CEOs and investors hiring for the CMO can struggle to figure out what
Speaker:flavor of marketing leader they need.
Speaker:And the pace of change is greater in marketing than in some other functions.
Speaker:The perception is that the role is changing with new technologies
Speaker:and ways to drive demand and communicate with a market.
Speaker:I say perception since, of course, the fundamentals of marketing don't
Speaker:change, but people who are less familiar with marketing can find
Speaker:it taxing to figure out what is fundamental and what is a shiny object.
Speaker:They want the person who can apply AI and build an efficient MarTech
Speaker:stack, but not the person who is going to be so focused on new toys that
Speaker:they get distracted or use up all their budget on experimental things.
Speaker:It's also hard because marketing has an impact across the company, so
Speaker:that means everyone has an opinion.
Speaker:And, of course, many companies have had marketing hires not work
Speaker:out, so they are wary, and they're looking to mitigate their risk.
Speaker:And, they do perceive risk with the CMO hire.
Speaker:They worry about a few things - that the person is going to
Speaker:be all sizzle and no steak.
Speaker:They worry that the CMO candidate will tell great stories but not
Speaker:be able to get their hands dirty.
Speaker:They worry that the marketing leader will come in and focus so much
Speaker:on brand and pictures and logos and not be able to drive demand.
Speaker:This, by the way, comes because often they can confuse strategic brands
Speaker:- messaging and positioning, things like that - versus creative brand.
Speaker:They wonder, also, about reporting structure.
Speaker:What's in scope for the marketing leadership role?
Speaker:Should BDRs report to marketing or to sales?
Speaker:Should product marketing report to marketing or to product?
Speaker:Et cetera.
Speaker:Here are some tips for those CEOs and investors who are
Speaker:nervous about hiring a CMO.
Speaker:First, admit it if you need to learn.
Speaker:One of my clients, who's an investor, said to me at one point, "Oh, Erica, I
Speaker:don't know anything about marketing."
Speaker:He was just very matter-of-fact, and he approached it with curiosity.
Speaker:Our whole search, he just approached the whole thing with a curiosity and learning
Speaker:as opposed to trying to pass himself off as knowing a ton about marketing.
Speaker:So there's really no shame in it.
Speaker:I've even had plenty of CMO clients who are hiring VPs of some functional
Speaker:area look to the search process to understand the role that they're hiring
Speaker:for and the different archetypes for it.
Speaker:The next idea is take the time to learn first and recruit second.
Speaker:Look to the candidates and your recruiting partner to teach
Speaker:you and to co-create the role.
Speaker:They will help you figure out what type of marketing leader would make sense.
Speaker:Don't expect to get it right in just a few candidates.
Speaker:Often in CMO searches, there's a bit more calibration than other roles, and
Speaker:sometimes companies have to see, say, six candidates rather than three since
Speaker:marketing is just so multifaceted.
Speaker:And, beware hiring the person from a super sexy company, but one that's
Speaker:at the wrong stage or was successful with a different go-to-market motion.
Speaker:Like we've talked about before in other podcasts here, some companies
Speaker:are successful because of their marketing leaders and others are
Speaker:successful despite marketing.
Speaker:With that, let's bring on my guest, James Lamberti.
Speaker:James is head of go-to-market for Georgian, the firm that invests in
Speaker:high-growth B2B software companies.
Speaker:Previously, James served as CMO at several companies like SalesIntel,
Speaker:Conviva, Applitools, and Quri.
Speaker:James, thank you so much for joining us and welcome to the show.
Speaker:Great to be here, Erica.
Speaker:Happy to talk today about de-risking hiring for both CMOs and CEOs.
Speaker:Awesome.
Speaker:And I love your take on this, you know, what's good for the goose
Speaker:is good for the gander is kind of what we've talked about before.
Speaker:Exactly.
Speaker:Yeah.
Speaker:So before we get started, can you just explain a little bit about your role
Speaker:now and anything else that I missed in your background that you wanted to
Speaker:- Yeah.
Speaker:I think
Speaker:- bring to light?
Speaker:- you covered my background pretty well.
Speaker:I started here at Georgian in mid-March and my role is to market the firm to
Speaker:the larger investment community so that people are aware and understand what
Speaker:we do and who we are in that context.
Speaker:Prior to joining an investment firm, I was an operator, as you mentioned,
Speaker:in multiple growth stage companies, anywhere from five to a hundred million.
Speaker:Often joining as the first, maybe second, go-to market
Speaker:executive with a CEO and founder.
Speaker:So I have a pretty, pretty good perspective on this and I've
Speaker:done it now seven times in a row.
Speaker:Yes.
Speaker:Awesome.
Speaker:And yeah, I should say I've tried to recruit you a few different times and
Speaker:I, and you also have a job that so many people would want, so it's very cool.
Speaker:So let's get right into it.
Speaker:I would love to talk about managing risk, like we said, like on both
Speaker:sides there's the hiring and there's the getting hired side.
Speaker:Let's just start with getting hired because as you said, you've
Speaker:led marketing or been head of go-to-market, many, many times now.
Speaker:And a lot of people, they do it a few times and they're like, no, never again.
Speaker:And for you, you do like it.
Speaker:So I imagine you have some kind of framework for diagnosing a role
Speaker:and figuring out the mutual fit.
Speaker:And would love for you to walk me through the process that you follow.
Speaker:Absolutely.
Speaker:I do have a framework that I started pretty early on, maybe
Speaker:going back almost fifteen years.
Speaker:But going back to my first, really my first CMO title where I started
Speaker:doing what I'm about to describe.
Speaker:And really it's, I think it's more common now, but at the time it was
Speaker:pretty novel and I really took on the interview process as a consultant gig.
Speaker:I really embraced the idea that I'm going to play the role of a
Speaker:consultant and put in a substantial amount of work to showcase my skills,
Speaker:and also try to provide authentic value to the CEO and the executive
Speaker:team during the interview process.
Speaker:It was a lot of work and I would caveat the entire approach by
Speaker:establishing upfront with the CEO, I really look for a partner that's
Speaker:growth minded, that's super open.
Speaker:I look at this as an opportunity for me to learn about how I'm gonna work
Speaker:with you, how I'm gonna understand your business and your challenges,
Speaker:and how I can bring my background and skills to bear on those challenges.
Speaker:Throughout this process, as I learn, as I listen, I'm gonna play back
Speaker:to you routinely what I'm hearing.
Speaker:How it is that my skills and background can be brought to bear to help solve those
Speaker:problems or exploit those opportunities.
Speaker:And it was a very, in some ways seen as a very risky approach.
Speaker:But it worked for me because it fundamentally de-risks the role
Speaker:and the hire for both parties.
Speaker:And it often had the advantage, when it succeeded, when it
Speaker:worked, you had incredible fit.
Speaker:You already had a rapport with the CEO and the founding team.
Speaker:They already knew how you thought, even how you were thinking about
Speaker:their business with some depth, right?
Speaker:And then when you come in, into the building, so to
Speaker:speak, got a running start.
Speaker:You've got equity and they've seen you already do the work alongside
Speaker:them through the interview process.
Speaker:I think that's more common today than it was.
Speaker:But that approach and that framework really helped assess mutual fit.
Speaker:Even though it introduced the risk to me getting hired, it greatly improved
Speaker:the likelihood of it being a good fit for both parties, and, therefore, having
Speaker:legs and longevity as I entered the role.
Speaker:I like that.
Speaker:So it's like you're coming in and saying, okay, I'm not just
Speaker:gonna submit to questions.
Speaker:I'm gonna have this kind of peer-to-peer dialogue here.
Speaker:We're both in it and let's figure out if this is a mutually good fit.
Speaker:And I think you need a lot of confidence to do that because some
Speaker:people, there's a difference between a marketing leader who does that, and
Speaker:somebody who's just like, oh, tell me what you need and tell me how you're
Speaker:going to, you know, define the role.
Speaker:And it's so true because so many CEOs actually don't know...
Speaker:They just don't know right?
Speaker:And so yeah, they can be asked, what, how exactly are you going
Speaker:to judge this role's success, but it's much better for that marketing
Speaker:expert to bring that to the table.
Speaker:I agree.
Speaker:Yeah.
Speaker:And a lot of what I framed up in my own mind as I entered these conversations,
Speaker:and it involved researching the CEO ahead of time, of course, and who
Speaker:they are and what their background is.
Speaker:But I always have an ICP CEO in mind for myself.
Speaker:It's gonna be different for every professional, but I would think about
Speaker:that as you go into an interview cycle.
Speaker:Even before you meet companies or meet the CEO and do your - be a marketer,
Speaker:be a strategic marketer, and think about what is the ideal CEO for me
Speaker:- Yeah.
Speaker:as a marketing leader?
Speaker:And in my case, it was a highly technical founder where I felt
Speaker:like strength of product and engineering skill would essentially
Speaker:provide that strength of product.
Speaker:And that's the thing I wanted most.
Speaker:So I felt like even though there can be a lot of challenges with a highly technical
Speaker:founder who may or may not be growth minded enough to defer the expertise that
Speaker:you've got, that's always a trap we'll talk about later, but I found that over
Speaker:the years that really I wanted to be with that technical founder that really
Speaker:needed fundamental help in go-to-market.
Speaker:That was my ICP.
Speaker:And there were other aspects to it, and it's gonna be different for everybody.
Speaker:And because that was my ICP, a lot of the framework I used was effective
Speaker:for me and for that individual CEO, for the reasons you stated.
Speaker:I would probe, I would ask questions.
Speaker:I would say, well, let's talk about your business before I answer that question.
Speaker:And when I went through those questions and that framework, it gave me a chance
Speaker:to play back how I was gonna add value, to play back ideas or strategies or
Speaker:tactics that I would probably bring to bear given that founder, technical
Speaker:founder CEO's unique situation.
Speaker:And the right CEO for me, I could see them spark to that.
Speaker:I could see them be growth minded and be like, this is the partner I need.
Speaker:I don't want someone who's just looking to say, hey, how can I help you?
Speaker:That's a different type of CEO.
Speaker:That's a CEO that's probably done it a few times, that has probably got
Speaker:very clear ideas of what they want.
Speaker:So, diagnosing that and addressing that, I know you know the CEO who
Speaker:knows what they want and saying, yeah, here's how I can help, is very
Speaker:different as an ICP for you as a professional than what I described for me.
Speaker:So that whole, to wrap this up, I would say have a clear idea of your
Speaker:ideal CEO and how you are gonna add value, and then know how you need to
Speaker:adapt your interview style to that CEO.
Speaker:Mm mm.
Speaker:Yeah, that's really interesting.
Speaker:It's funny, it's sorts like the ideal customer profile, the ideal CEO
Speaker:profile, the ideal candidate profile, and it all kind of comes together.
Speaker:So can you walk through the process, like double click on this, what is your process
Speaker:of mutual discovery, mutual de-risking?
Speaker:What does that look like?
Speaker:Because it's like you're bringing in, you're doing your own de-risking,
Speaker:but you're also helping that CEO founder person to de-risk as well.
Speaker:Can you just walk through that?
Speaker:Correct.
Speaker:Yeah, we can walk through it.
Speaker:I have a go-to-market framework that everyone in marketing's gonna
Speaker:be familiar with at a high level.
Speaker:We've all got our own version of what I described, but I always try to,
Speaker:in the early stages of the interview process, start to probe the CEO and be
Speaker:like, for example, starting with the ICP definition, who are you selling to?
Speaker:Please tell me all you can about the specifics of who you're selling to,
Speaker:and what I'm trying to understand is how well defined is the ICP?
Speaker:And does this CEO founder truly understand how important it is to have a specific,
Speaker:quantifiable description of the ICP, and how focused and quantifiable is it?
Speaker:The more clear that is as a marketer, of course, frankly, the
Speaker:easier it is for you to add value.
Speaker:'Cause if you're coming into a company that's like I know my sales
Speaker:addressable market in the next twelve to twenty-four months, it's $350 million.
Speaker:It's in these geographies.
Speaker:It's this type of persona.
Speaker:It's this pain point that I'm solving for.
Speaker:These technologies are present as a clue or signal from an intent perspective.
Speaker:All those details are so valuable for you because you can now be laser
Speaker:focused on doing what you do as a marketer, which is drawing a circle
Speaker:around that in market from how you do your targeting, your demand gen,
Speaker:your brand building, your messaging, your event selection, all of that.
Speaker:So I always start there, and what I've almost always found in an
Speaker:early-stage company is as, they were very confident about, I know
Speaker:my ICP, I've got product market fit.
Speaker:But what ended up happening was it was very loosely defined and it was, there
Speaker:was a lot of risk inherent in that.
Speaker:So that began the first step of de-risking it for both of us, where I
Speaker:would start to explain, you're so broad.
Speaker:It's great that your product has a horizontal footprint, that your total
Speaker:addressable market is massive over time.
Speaker:I love that, CEO founder.
Speaker:But we need to get more specific about your first fifty million in
Speaker:revenue, your first a hundred million in revenue, and my job with you is to
Speaker:make sure that we're really specific and really targeted about that.
Speaker:All that other real estate you're attacking is opportunistic, but let's
Speaker:go arm your sales team and arm our marketing strategy with a focused first
Speaker:fifty million sales addressable market.
Speaker:So that conversation is super important right up front.
Speaker:And I would say 90% of the interviews, they think they've got it, they're
Speaker:super confident, they're proud of the horizontal market they can attack, so big,
Speaker:but they've not really thought through the perils of that from a go-to-market
Speaker:perspective and the lack of focus.
Speaker:So that's the first thing.
Speaker:And then as a result of that conversation, move to the go-to-market motion, and
Speaker:this is probably these first two steps.
Speaker:I'll pause and maybe you'll ask some probing questions.
Speaker:But these are the first two parts of the conversation that for me,
Speaker:ultimately de-risk or understand the challenges we're gonna face together
Speaker:and can we overcome 'em together.
Speaker:So the second step in this is what I call the go-to-market motion.
Speaker:There are six or seven different go-to-market motions.
Speaker:You have product-led growth on one end of the spectrum, and you've got
Speaker:pure outbound, hire fifteen enterprise sellers and have 'em go into the c-suite
Speaker:and take down seven figure deals, on the other end of the spectrum.
Speaker:And between those two, ABM, community, partnership or marketplace type plays.
Speaker:So there's a variety of different go-to-market motions.
Speaker:And you need to understand where they're at today.
Speaker:Which motion are they using today?
Speaker:And does that motion that they're taking fit or not with the ICP that you just
Speaker:diagnosed together or figured out?
Speaker:And this is the second area where a lot of risk enters because if you've
Speaker:got, for example, a technical founder that is fundamentally needing a
Speaker:super low cost of sale, competition's going in product led, and yet they've
Speaker:instinctively just hired a CRO that put fifteen or twenty enterprise sellers and
Speaker:filled capacity and hired twenty BDRs.
Speaker:You've got a ton of risk as a marketing leader because the ICP
Speaker:and the go-to-market approach that is needed is not what is present.
Speaker:And so you need to have that discussion.
Speaker:Ideally, there's a fit, there's already a fit there, and you are the right person to
Speaker:exploit the existing go-to-market motion.
Speaker:So I'll pause there 'cause there's a lot to that, but does that make sense, Erica?
Speaker:Yes, it does.
Speaker:I love this.
Speaker:Do you, how do you balance efficiency and thoroughness, and also like
Speaker:educating but not being too didactic?
Speaker:Those are
Speaker:- just a couple things that come to mind.
Speaker:Any thoughts there?
Speaker:Yeah, I've talked a lot in this podcast, but in a conversation with, in an
Speaker:interview for an hour with the CEO, you just ask a couple key questions
Speaker:in this area, and you're pretty quick at diagnosing what's really going on.
Speaker:Uhhuh.
Speaker:And just having a quick response to it.
Speaker:And then what I will do if I'm really excited about the CEO or the
Speaker:company, or frankly, even if I'm not, I always take the long view that
Speaker:this is a relationship I wanna have forever, even if I don't get hired.
Speaker:So I still do the work, even if I know I'm probably not that interested
Speaker:in the company or I have concerns.
Speaker:But what I will do is be fairly succinct in the conversation, trying
Speaker:to go through these various steps.
Speaker:And then I will tell the CEO or the executive team member I'm interviewing,
Speaker:I'm gonna play back in a follow-up note some additional thoughts.
Speaker:Then that just makes them feel really good, and they're starting to see how
Speaker:you think, and this is how through the entire interview cycle as you go through
Speaker:it, by the time you spent six, seven, eight, nine, ten hours with the company,
Speaker:and you've routinely kept notes and played back what you've learned along the
Speaker:way, you're de-risking it for yourself.
Speaker:You're de-risking it for them.
Speaker:And they're probably pretty excited about you as a candidate because you've
Speaker:thoughtfully taken this journey with them and shown that you're listening, you're
Speaker:playing back what you heard, you're showcasing how you can help, and at the
Speaker:same time, everyone's being derisked.
Speaker:It's a lot of work.
Speaker:And I like this idea of playing it back over time.
Speaker:'Cause, as you say, these processes have gotten to be where there's often
Speaker:a kind of a capstone presentation or chalk talk kind of thing at the end.
Speaker:But you're kind of coalescing as you go.
Speaker:And so that's a different approach than what I see a
Speaker:lot of marketing leaders take.
Speaker:So that, that's interesting.
Speaker:That is, yeah, that's right.
Speaker:And the third piece, as you start to talk about or probe on, and you'll hear, is
Speaker:brand building versus harvesting demand.
Speaker:This is another really big trap I think in a risky area as
Speaker:most marketers and CMOs know.
Speaker:And it manifests in two ways.
Speaker:So I always probe in this area as well.
Speaker:Oftentimes, for a five, ten, twenty million dollar company, you've got a CEO
Speaker:founder who's like, I just need demand.
Speaker:I hired a director of demand gen and I'm not getting the quality leads I want.
Speaker:I'm not getting the volume I want.
Speaker:Often what happened with a highly technical founder is they
Speaker:skipped over the ICP definition.
Speaker:They skipped over the go-to-market profile they need and they just instinctively
Speaker:went, I'm ready to build demand gen.
Speaker:And So what you've got is this premature demand gen effort that's
Speaker:probably very inefficient, generating a lot of low quality leads.
Speaker:So that's another big area I listen for.
Speaker:And the risk is they expect a silver bullet.
Speaker:They expect by hiring the senior leader that they're going to make this demand
Speaker:gen director, who's probably quite competent, suddenly 5x their efficiency or
Speaker:output, when in fact, you've gotta bring that founder CEO back to the beginning
Speaker:of the conversation we already had.
Speaker:The reason your demand gen isn't well is 'cause you haven't tightly defined your
Speaker:ICP perhaps, or your go-to-market motion is not lined up with the realities of cost
Speaker:of sale and the realities of competition.
Speaker:So that's another area.
Speaker:The opposite, or the other end of the spectrum is you've got a founder CEO who's
Speaker:like I just wanna build the brand and they don't want you at all for demand gen.
Speaker:I hear that a lot too.
Speaker:Demand gen's fine.
Speaker:I need someone to actually build my brand and help me get into the enterprise.
Speaker:How are you going, you go back to the previous step.
Speaker:Okay, great.
Speaker:Well, your PLG today, you've got an open source platform driving developers in,
Speaker:and maybe they're getting to a freemium model like now you know you're gonna
Speaker:have to fundamentally help them think about adding on a new go-to-market
Speaker:motion, the enterprise sales motion, and it's way more, again, it's risk.
Speaker:It's way more than you as an individual can solve for.
Speaker:It's gonna take a collective effort from the executive team to get that
Speaker:new go-to-market motion in place.
Speaker:And so you set expectations along the way on those two issues.
Speaker:Yeah.
Speaker:I like it.
Speaker:And a lot of CEOs struggle to understand the difference between
Speaker:creative brand and strategic brand.
Speaker:And so I often tell people like, just don't use the word brand.
Speaker:Just talk about messaging and positioning and everything.
Speaker:But you're right, especially if it's a founder-led business sometimes the
Speaker:route forward is brand building and should be brand building and making
Speaker:a big splash, and that's a different
Speaker:both are great.
Speaker:Yeah.
Speaker:You expect to hear both those things to be present, especially if it's a
Speaker:CMO role, you're gonna manage both.
Speaker:So I'm always trying to diagnose where are they really at on both
Speaker:those dimensions, and what's the root cause of them either being ready
Speaker:to scale what they're doing or not?
Speaker:And again, generally in a growth stage company, especially with the
Speaker:technical founder, all of these things are a little bit of a mess.
Speaker:So you've got to, I think in the interview process, you've gotta get to
Speaker:the heart of the core issue and create that relationship where you're like,
Speaker:I know you want a silver bullet here.
Speaker:I'll certainly come in and help you a ton on this issue, but to really
Speaker:open it up we've gotta go back and solve for these core issues.
Speaker:I'm gonna help you do that.
Speaker:Hmm.
Speaker:Are you aligned with that?
Speaker:Are you open enough to understand that I'm not just gonna 8x your
Speaker:demand gen overnight, or build a brand that takes two years to build in a
Speaker:highly competitive market overnight?
Speaker:Right.
Speaker:That's great.
Speaker:Anything else with the framework for evaluating a role?
Speaker:The last two are often pretty big.
Speaker:The fifth of the six kind of things I often listen for and probe
Speaker:on is one I call customer love.
Speaker:I think especially in the compression we went through over the last few
Speaker:years, NRR and customer marketing are your best friend as a CMO.
Speaker:But here's where risk enters.
Speaker:You'll often hear a founder CEO say, no, no, I've got a
Speaker:great customer success person.
Speaker:I don't need you worried about the customers.
Speaker:They're handled.
Speaker:a red flag for me.
Speaker:There's risk as a CMO when you hear that because your best source of
Speaker:marketing is your own customers.
Speaker:So if you're sitting two miles away in the mind of the CEO from the
Speaker:customer team and can't create the right relationships directly, harvest
Speaker:case studies, create virality, that's gonna be a problem for you.
Speaker:So I probe on that as well.
Speaker:Are they focused on NRR?
Speaker:Do they, will they embrace the CMO having a tight relationship, a customer marketing
Speaker:initiative with the customer success team?
Speaker:Because, again, the power of that as a CMO is huge.
Speaker:And if it's difficult for you to get there, then you're gonna be challenged and
Speaker:there's gonna be risk for you as a CMO.
Speaker:It's also probably not great for the company, as you know.
Speaker:Then the last area is probably just the foundational pieces, which is what
Speaker:I call the Demand Center, Rev Ops.
Speaker:Everything I just described takes time and takes data and analytics,
Speaker:and data is your best friend as a CMO.
Speaker:Or your worst enemy, depending on how it's used.
Speaker:If you've got good data, objective data, and you've got an executive team that
Speaker:buys into the accuracy of that data, then you're in a really, really good spot
Speaker:'cause you can constantly leverage that in an open way with the executive team to
Speaker:make observations and make improvements.
Speaker:Good example is being able to empirically show, I know you wanna
Speaker:hire another ten AEs, but your AEs today are already horribly inefficient.
Speaker:I'm twice as efficient with the small inbound budget I've got, CRO, CEO.
Speaker:Let's actually double the inbound budget.
Speaker:I'll feed more quality leads to the existing reps.
Speaker:They'll all be at capacity.
Speaker:Now, I'm gonna help you create a virtuous cycle of hiring the next enterprise rep.
Speaker:'Cause they're gonna see lead flow.
Speaker:The other reps are gonna be strong, hitting quota.
Speaker:Now you've created this virtuous cycle of really good reps.
Speaker:The CRO loves that.
Speaker:As opposed to the opposite, what I see, which is, no, let's hire ten more reps.
Speaker:It's inefficient and you create not a virtuous cycle,
Speaker:you create a downward cycle.
Speaker:So Rev Ops.
Speaker:Rev ops, rev ops, rev ops.
Speaker:And it's often a mess, and it takes at least three quarters to fix.
Speaker:So you gotta have that conversation as well.
Speaker:Yeah.
Speaker:Great.
Speaker:So thanks for walking through that framework.
Speaker:Obviously when it works, it's great.
Speaker:Can you talk about a time when it hasn't worked?
Speaker:When it hasn't been successful in revealing a red flag?
Speaker:Or things to think about despite the framework working well?
Speaker:Yeah.
Speaker:I'll say it this way, like a lot of founder CEOs, technical founder CEOs,
Speaker:they're so positive, they're so enthralled with their own business that they don't
Speaker:really give you the accurate information that you need to assess this well.
Speaker:They're selling to you.
Speaker:They end up liking you.
Speaker:They hear what they like, and they sell to you, sell to you, sell to you.
Speaker:And so when you get inside the four walls of the company, you realize that what
Speaker:you thought was present was not present at all, or things that you thought
Speaker:were okay, were actually really bad.
Speaker:Or the opposite.
Speaker:Things that you thought were not great were actually really good.
Speaker:So the entire conversation that you've had during the interview
Speaker:process is a little bit off kilter just 'cause you were being sold to.
Speaker:That's a really hard one to deal with, but I just constantly encourage
Speaker:the CEO and the founder to really create honest dialogue because I need
Speaker:that dialogue to know how to help.
Speaker:And for me to help de-risk for you.
Speaker:Can I help you?
Speaker:The other one is the silver bullet complex.
Speaker:It's easy to pick this up, but the silver bullet complex is no matter
Speaker:what's said in the conversation ,you walk in the door and they're like, I
Speaker:want a 4x increase in two quarters.
Speaker:Very, very difficult to achieve that.
Speaker:You just gotta really listen for that, the non-reality expectation.
Speaker:I think that is leading to the shortened cycles we're seeing more than anything.
Speaker:The eighteen-month cycle that we've all been feeling because it takes at least
Speaker:three quarters, or maybe four quarters, for impact in marketing to really be felt.
Speaker:So trying to uncover that, is there a silver bullet expectation here?
Speaker:And are you prepared for that is the big one.
Speaker:The third one I would say is the, this is a common issue for technical
Speaker:founders, first time technical founders, new day, new strategy.
Speaker:It's a reset button on marketing, and I will often try to break through with
Speaker:a technical founder by explaining when you reset your marketing strategy,
Speaker:it's the same thing as if you fully reset your product strategy.
Speaker:You would never just go into your product team from an R&D perspective
Speaker:and shred the two or three quarter product roadmap because you're putting
Speaker:your entire dev team back to zero.
Speaker:Marketing actually works more like product than it does like sales.
Speaker:The returns on it are two, three, four quarters out.
Speaker:And so that is a huge area where if you don't pull that out of the conversation
Speaker:effectively, that can come back to be really painful because every quarter
Speaker:we're gonna switch strategy and marketing, and then you can never get anywhere.
Speaker:And eventually you're out the door in four to six quarters.
Speaker:And the wrong hire, wrong time, over or under hiring.
Speaker:This became an issue for me more recently.
Speaker:I really love growth stage of five to fifty million.
Speaker:I realized I had to figure out something else in my career because
Speaker:it worked against me to be a fifth, sixth, seventh time CMO at that stage.
Speaker:I just appeared overqualified and I probably, frankly, often was.
Speaker:And you and I have talked about this at a professional level, like how
Speaker:to deal with that, and it just took finding the right company for me.
Speaker:But you really gotta watch out for that.
Speaker:Are you the under hire and you're gonna get leveled before you
Speaker:want to or unnecessarily leveled?
Speaker:Or are you being overhired and they're just not ready for
Speaker:everything you can do as a CMO?
Speaker:It's not the right stage of company.
Speaker:Right, right.
Speaker:Yeah.
Speaker:I have a client who talks in a great way about this, and it's like, do
Speaker:you want the person who's gonna stretch into the role, or step into
Speaker:the role, or stoop into the role?
Speaker:And it's just a great framework for thinking about that.
Speaker:And just reacting what you said about it could take three quarters
Speaker:for things to even start to show results, and probably more if you're
Speaker:reversing your go-to market motion.
Speaker:That is, I think, such a key point.
Speaker:So I just wanna underscore that, because often in processes CEOs and CMOs will
Speaker:think about, well, okay, what needs to be done and who's the customer?
Speaker:Et cetera.
Speaker:But what they need to spend as much time on is what's the budget and in how long?
Speaker:Like how long will it take to get this to happen?
Speaker:And that's where CMOs, I think, can educate CEOs and say, okay, if this
Speaker:is what you want, then these are all the steps to get there, and this
Speaker:is when it's going to bear fruit.
Speaker:Correct.
Speaker:I think that's where, that's a huge contributor to this eighteen-month
Speaker:tenure problem that you brought up.
Speaker:Absolutely.
Speaker:Yeah.
Speaker:And you're gonna have to have the things, tactical things that you could
Speaker:point to even in the interview process.
Speaker:I know I can work in this right away and there'll be value.
Speaker:Better training your sales team, clarifying, but the longer term stuff has
Speaker:to be understood in the way you described.
Speaker:I believe that is the single biggest thing that's in the way of our profession, so
Speaker:to speak, and the short tenures we're starting to see, which are not helpful.
Speaker:To anybody.
Speaker:No, exactly.
Speaker:Let's switch gears a little bit.
Speaker:I'd love to hear your take on AI.
Speaker:No conversation in marketing is complete without AI.
Speaker:Specifically, when you were doing your search recently, and you
Speaker:talked to different companies, I'm curious, were CEOs interested in
Speaker:your knowledge of AI, and if so, how did they try to get at that?
Speaker:And is it more about efficiency and productivity or is it more
Speaker:about the technical aspects of it?
Speaker:Yeah, it was interesting that, I was interviewing in Q1 of 2024.
Speaker:It was interesting to me that it wasn't coming up as directly
Speaker:and early and aggressively as I would've expected as a CMO.
Speaker:It came up in almost every conversation, but it was not necessarily a prevailing
Speaker:thought interestingly enough.
Speaker:I think that what I'm seeing is the CEOs and some of these founders are
Speaker:feeling a little, maybe, overwhelmed with the hype cycle on AI right now.
Speaker:What most of them ultimately wanted to understand is a practical
Speaker:way to apply AI for value.
Speaker:That's where they probed.
Speaker:And I would say even if they didn't probe, I would make sure that you
Speaker:as a professional in the interview cycle today have that conversation.
Speaker:And by the way, here, as you go through and have the conversation about your
Speaker:skills, be very clear about where AI is going to layer in and how it is you're
Speaker:gonna think about AI adding value.
Speaker:Because there is some concern from CEOs and founders that it's being overhyped.
Speaker:It's a silver bullet for everything, and there's a lot of cost to it done poorly.
Speaker:There's a lot of compute cost.
Speaker:There's a lot of distraction if it's just the shiny object that you put in
Speaker:every tool in your stack, for example.
Speaker:Let's not go back as CMOs and rev ops people to five or eight years ago when
Speaker:there were fifteen tools in our stack and we had to pull all that out in the last
Speaker:three years and get back to being simple.
Speaker:So the net net on this is they know it's valuable, they're concerned
Speaker:about it being overhyped and it being a silver bullet, and they wanna
Speaker:hear about your core skills as a marketer, as a leader, as an executive.
Speaker:Because AI is not fundamentally gonna take over all of that.
Speaker:Then you, being interviewed in the process, you can start to artfully
Speaker:weave in where you know AI productivity aims are absolutely present.
Speaker:The impact on SEO is massive.
Speaker:You gotta talk about that.
Speaker:And I think the productivity gains of content creation,
Speaker:messaging, advertising copy.
Speaker:There's so much value there that's already being unleashed.
Speaker:That account research, if you're doing ABM.
Speaker:Unbelievable unlocks there that don't require a huge investment,
Speaker:technology that exists today.
Speaker:That's what I would focus on when it comes to AI.
Speaker:Awesome.
Speaker:Thank you so much for sharing.
Speaker:In the interest of time, I'm going to bring us to our final question, which is
Speaker:something I ask everybody, and that is, what is your favorite interview question
Speaker:when you're interviewing a marketing leader for your team, for instance?
Speaker:My question that I always get to very early is what do you think
Speaker:are the three most important traits of being a great marketer?
Speaker:Very simple.
Speaker:Seems really easy.
Speaker:It's like a softball, but what I'm listening for is not a softball.
Speaker:What I'm personally listening for is that I feel like great marketers
Speaker:are fundamentally, they view the role as a listening function.
Speaker:What I mean by that is I listen to the market capital and I listen to customers.
Speaker:I listen to prospects.
Speaker:I listen to my closed lost deals.
Speaker:I listen to competition.
Speaker:I listen to my partners.
Speaker:I listen to my own sales team.
Speaker:That is often, I think, just not done well by the marketing discipline.
Speaker:Marketers somehow often feel compelled to come in and be ivory tower.
Speaker:I have the answer.
Speaker:Let me grant my wisdom of marketing upon you.
Speaker:That is, I think, really risky.
Speaker:And so I listen for that.
Speaker:Growth-minded.
Speaker:Again, they're related, but being growth-minded, meaning
Speaker:I don't know everything.
Speaker:I've got a pattern.
Speaker:My pattern may or may not apply to this situation.
Speaker:Some elements will, some will not, but I understand how to analyze a situation,
Speaker:get to the root cause, and then my skills and background to bear, but also
Speaker:know where I don't have those skills and go get them, either in my team
Speaker:as I hire or consultants or whatever.
Speaker:Then, finally, data-driven objectivity.
Speaker:Those are the three things I wanna hear about is committing to the rev ops layer
Speaker:and having data, objective data to try to guide the entire executive team.
Speaker:That's great.
Speaker:Thank you.
Speaker:I like those.
Speaker:And if you only hear two out of the three do you probe for the third?
Speaker:I almost never hear all three.
Speaker:I mean, honestly, I almost never hear all those three from me personally.
Speaker:But I like to hear at least one of them.
Speaker:Yeah.
Speaker:The reason I ask that question is what I'm really listening for, again, getting
Speaker:to the root of the question and why I ask it is I think great marketers
Speaker:listen well and they're growth-minded.
Speaker:Not so great marketers, at least in my opinion, come in thinking they know
Speaker:everything, like they can just spread their wisdom across the organization.
Speaker:And that I think is a problem for the profession at times.
Speaker:Yeah.
Speaker:That's what I'm trying to diagnose.
Speaker:Yeah.
Speaker:That's great.
Speaker:Well, thank you so much for joining us on The Get.
Speaker:This has been awesome to have you, James.
Speaker:I love being here, Erica.
Speaker:Always good to talk to you.
Speaker:Thanks for having me.
Speaker:We'll talk again soon.
Speaker:All right.
Speaker:Take care.
Speaker:That was James Lamberti.
Speaker:Now, think of how you can get to greater CEO/CMO alignment through
Speaker:spirit of collaborative risk mitigation.
Speaker:Next time on The Get, you'll hear more from me and from another guest.
Speaker:Don't miss it.
Speaker:Thanks for listening to The Get I'm your host, Erica Seidel.
Speaker:The Get is here to drive smart decisions around recruiting and
Speaker:leadership in B2B SaaS marketing.
Speaker:We explore the trends, tribulations, and triumphs of today's top
Speaker:marketing leaders in B2B SaaS.
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Speaker:For more about The Get, visit TheGetPodcast.com.
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Speaker:make-money marketing leaders rather than the make-it-pretty ones, follow me on
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