Software Sales Salaries - Sales & Business Development and Account Executive

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  • เผยแพร่เมื่อ 20 พ.ย. 2024

ความคิดเห็น • 124

  • @patrickdang
    @patrickdang  3 ปีที่แล้ว +3

    Want to learn how to break into sales and get a high-paying sales role? Join the Ultimate Online Sales Masterclass Sales Legacy OR Watch our Free 1-Hour Training: www.saleslegacy.com/

  • @retailinvestor8367
    @retailinvestor8367 3 ปีที่แล้ว +70

    I made $280k last year being an Account Executive for a tech services company...I live in Dallas, TX

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +3

      great

    • @estevangonzales3142
      @estevangonzales3142 3 ปีที่แล้ว

      What company do you work for? I have a few interviews setup one with servicetitan but im unsure of how to spot a good company. Any tips for that?

    • @retailinvestor8367
      @retailinvestor8367 3 ปีที่แล้ว

      ​@@estevangonzales3142 I only have experience in IT/consulting. Even mid-seized IT consulting companies are good. Trick is to understand the commissions plan before you accept the offer. My base was $140k, so, it was important to understand the realistic potential for meeting my targets and incentive potential before accepting the offer.

    • @jplaza7210
      @jplaza7210 3 ปีที่แล้ว +1

      @@retailinvestor8367 how much years of experience did it take for you to get that role and did you do anything during college to gain experience by the time you graduate?

    • @retailinvestor8367
      @retailinvestor8367 3 ปีที่แล้ว +17

      ​@@jplaza7210 I have 9 total years of work experience since graduating college. I graduated in mechanical engineering and got a support engineer job in a software company. I then moved in to pre-sales and full on sales after. I've changed jobs twice. My salary would go like this,
      Year 1 - 60k
      Year 2 (switched to presales) - 68k
      Year 3 - 72k
      Year 4 (switched to sales)- 80k
      Year 5 - 90k
      Year 6 - 110k
      Year 7 (Switched companies) - 180k
      Year 8 - 280k
      Year 9 (Switched companies)- On track to do $320k+
      You don't need to take this path though. I wish someone told me to get in to sales earlier.

  • @zachchinn4608
    @zachchinn4608 2 ปีที่แล้ว +15

    Used your videos to help me land a BDR role in a tech company. My OTE is $85k but the comp plan will definitely allow me to reach over $100k. Appreciate all the insight and help you provided.

    • @MariusChenekan
      @MariusChenekan 2 ปีที่แล้ว +3

      CONGRATS 🎊🎈🍾 How long did it take you?

    • @Frederick0220
      @Frederick0220 ปีที่แล้ว

      Whoa what company?!

    • @zachchinn4608
      @zachchinn4608 ปีที่แล้ว

      @@Frederick0220 Infoblox

    • @zachchinn4608
      @zachchinn4608 ปีที่แล้ว

      @@MariusChenekan thank you! It didn’t take long at all. I applied to 2 different companies and both made offers. I really was fortunate with my timing as it was an employee market at the time.

  • @Lteeno_heet
    @Lteeno_heet 2 ปีที่แล้ว +1

    Currently in software implementation, but leaning towards jumping to sales instead of implementing the same software. Your videos have been helpful. Keep up the good work.

  • @emiliogoodfriend5481
    @emiliogoodfriend5481 ปีที่แล้ว

    Glad I found this video. I am looking for a career change and I’m almost certain this is what I want to break into.

  • @giobuenvenida3161
    @giobuenvenida3161 3 ปีที่แล้ว +11

    Patrick! Today I discovered your channel by the time I started to research about changing careers from creatives to sales. I just wanna say that your videos helped me to aced my interview! Can't wait to see more content of yours. Very Insightful & informative!

  • @Top10-i1x2m
    @Top10-i1x2m 2 ปีที่แล้ว +3

    Got a job with tech sales thanks to you Patrick 🙏

    • @patrickdang
      @patrickdang  2 ปีที่แล้ว

      Congratulations! Thanks for watching.

  • @angelicazung
    @angelicazung ปีที่แล้ว

    Patrick, thanks for the video! Coz it's what I am looking for. I want to move to sales, and one reason is to get my own business in the future! And you are a great example!

  • @bigyeet3629
    @bigyeet3629 3 ปีที่แล้ว +7

    The compensation largely depends on where you are located. An AE in SF or NYC will make substantially more than one in a smaller city because of the cost of living...
    Also, Solutions Consulting is where it's at...

  • @anitaalexzander6877
    @anitaalexzander6877 2 ปีที่แล้ว +2

    Hello Patrick
    Thank you for this informative video please I’ll like to transit to Tech sales
    I have no degree at the moment but I have experience in sales
    Please how I can begin
    I went through your course but I’m confused

  • @ZZZZZZZZZZZZZZZZZZ538
    @ZZZZZZZZZZZZZZZZZZ538 3 ปีที่แล้ว +5

    I actually turned down a entry level role at salesforce because I thought the starting salary for the role was too low. Unfortunately there only was the base salary for the first role. I think I will get in contact with them again to jump in as an account executive instead of a BDR or SDR

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      good luck. SDRs should get commission or bonuses so that's interesting they aren't offering that to you.

    • @cristianpadilla1756
      @cristianpadilla1756 2 ปีที่แล้ว

      What was the starting salary for the role?

    • @ZZZZZZZZZZZZZZZZZZ538
      @ZZZZZZZZZZZZZZZZZZ538 2 ปีที่แล้ว

      @@cristianpadilla1756 I can only talk about the entry role position in Dublin. It was around 40k euros plus relocation bonus. But you have to consider the low Irish taxes so if you wanna compare it to other European countries it’d be maybe 55k euros? Still pretty low considering life in Dublin is expansive. But like I said the roles after that pay pretty well.
      My second issue was: I don’t see that much possibility for self improvement when you work in sales tbh. At one point is Just starts repeating. So for an entry level position I’d chose a position where you actually have a high learning curve.

  • @jeremywood3206
    @jeremywood3206 2 ปีที่แล้ว +1

    I’m definitely giving you a like and subscribing. My boy works at Amazon and he just told me he could get me a job in sales. Only thing is, I’ve worked warehouse jobs all my life. Haven’t done sales or customer service since I was 20. Your videos will definitely help me out in the sales world.

  • @ratgirl669
    @ratgirl669 3 ปีที่แล้ว +6

    Patrick you are so passionate with the info you share, I love your videos!!!

  • @FireShadow24550
    @FireShadow24550 3 ปีที่แล้ว +10

    Definitely keen on getting into tech sales!

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +4

      Yeah it's a great career path

  • @theecon867
    @theecon867 3 ปีที่แล้ว +1

    Any advice for getting a sales internship?

  • @Indubita
    @Indubita 3 ปีที่แล้ว +6

    Every piece of knowledge you shared with us was precise and clear. Thank you!

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      Glad it was helpful!

  • @pujamaheshvari1299
    @pujamaheshvari1299 2 ปีที่แล้ว

    Amazing video pat. I’m in telecom sales and working in management. I’m in process of moving to IT domain. This video really helps

  • @ElonM1492
    @ElonM1492 2 ปีที่แล้ว +2

    Hey Patrick, quick question. I just accepted a job right out of college as an account executive in the mortgage industry. 70k salary but it’s draw against commission. What would your first thoughts or concerns be if you were in my shoes? Thank you.

  • @helloj5854
    @helloj5854 2 ปีที่แล้ว +1

    Hi there, I am thinking of a career switch and would appreciate your advice on thesr below:
    1. what is your advice on how to transition from sales from other industry to tech sales? For my case, it is pharmaceutical.
    2. How do we select the companies? What is your view of joining a new startup ? (

    • @jason-uz7sz
      @jason-uz7sz ปีที่แล้ว

      I'm in Medical device sales and want to do the same thing and have the same questions!

  • @TheStubertos
    @TheStubertos 2 ปีที่แล้ว +1

    Roughly how long does it take to move from SDR to AE? You said 18 months, is that normal?
    Also what's the next step after AE? Thanks in advance.

  • @laincalvo9661
    @laincalvo9661 3 ปีที่แล้ว +4

    Hi man, congrats! Today I discovered your channel, I saw some videos and I decided to subscribe. The amount of knowledge that you bring to us is amazing, keep doing this and you will get more subs bc your videos worth it. greeting from Argentina

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      Appreciate the kind words. Don’t worry, we’re not stopping anytime soon!

  • @AskDadWhy
    @AskDadWhy 2 ปีที่แล้ว +3

    Actually a very good video. I would only add it's great to be in sales, but don't make it your entire career.

    • @TheStubertos
      @TheStubertos 2 ปีที่แล้ว

      Why not?

    • @AskDadWhy
      @AskDadWhy 2 ปีที่แล้ว +1

      @@TheStubertos It's the type of thing that if you're good at it, you can make it a part of everything you do. However, if sales is the only thing you ever do, then you're at risk of being a total hack. Also, it can be very lonely and sad to chase a quota continuously, and that's not good for mental health.

    • @TheStubertos
      @TheStubertos 2 ปีที่แล้ว

      @@AskDadWhy Thanks for that info. I'm looking to transition into some kind of a sales role (Preferably tech), but whenever thinking about my career I'm always thinking long term so I'll bare this in mind. I suppose sales is a great way to learn skills to eventually go down the entrepreneurial route?

  • @nightmare4122
    @nightmare4122 2 ปีที่แล้ว +2

    Lol I'm in tech sales in big tech and I'm gonna be making six figures before commission first year out of college. It's possible to make six figures immediately right after college.

    • @Frederick0220
      @Frederick0220 ปีที่แล้ว

      This is hard to believe. What company?

  • @krystalmarie5637
    @krystalmarie5637 2 ปีที่แล้ว

    Hello, do you think it’s necessary to have a degree in order to get a job in tech sales? How do think this career will hold up during the recession/depression? Also, is this a career path that you can do remote? Thanks

  • @YumixNightmare
    @YumixNightmare 2 ปีที่แล้ว

    So I just graduated from UCSB, Cultural Anthropology major. I had a Business Development internship for a software company but now I'm on the hunt for work. I'm wanting to do less customer facing work but still make 6 figures. Any ideas? Project manager is on my mind. I'm considering doing the AT&T sales development program but it's not my first choice.

  • @TechwithLucy
    @TechwithLucy 3 ปีที่แล้ว +2

    Very insightful!

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      glad you thought so!

  • @waltera.3901
    @waltera.3901 2 ปีที่แล้ว +1

    Just want to say thank you for the awesome content Patrick! At 33, I'm hoping to switch from accounting to a career as an SDR/BDR.

  • @Wisarnutyp
    @Wisarnutyp 2 ปีที่แล้ว

    Thanks for sharing your experience 👍

  • @jtplumbing6592
    @jtplumbing6592 3 ปีที่แล้ว +6

    Beware of commission caps. It could limit your financial growth, both for you and the company.

  • @yoshipapi7880
    @yoshipapi7880 3 ปีที่แล้ว +1

    your the man Patrick, I am gonna do it you convinced me. Thank you for the advice and guidance, talk soon

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      nice you got this man!

  • @trollwhale670
    @trollwhale670 3 ปีที่แล้ว +1

    Fantastic video!! Very happy I came across your channel definitely subscribing!

  • @nazeercurry5248
    @nazeercurry5248 2 ปีที่แล้ว

    What about account manager?

  • @jayjohnserrano592
    @jayjohnserrano592 2 ปีที่แล้ว

    Where I can apply? is there any company offer a work from Home for this role? I have a sales experience selling devices at Tmobile

  • @KillerDUDE2595
    @KillerDUDE2595 3 ปีที่แล้ว +1

    Hey Patrick can you do tech sales comparison with similar roles such as consulting, product management

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      that's an interesting idea. ill see what i can do

  • @edleeab
    @edleeab 3 ปีที่แล้ว +2

    Omg you are amazing!! This video was great! Was your undergraduate degree in Sales? If not, did you attend a Tech Sales program or boot camp?

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +4

      I graduated from the University of Southern California with a business degree. Never did a boot camp, but had a lot of my initial training at Oracle.

    • @billhoward5580
      @billhoward5580 3 ปีที่แล้ว

      @@patrickdang Go Trojans!

  • @robd1859
    @robd1859 ปีที่แล้ว

    Two hundred and eighty thousand is fair money. But how do you get to 1 million dollars a year.
    What position do you have to move up too.
    Or how much do you have to be moving in sales. To Put one million dollars a year in your pocket ?

  • @felipemillan9889
    @felipemillan9889 3 ปีที่แล้ว +1

    Thanks for the love and commitment. Blessings brother.

  • @ethanmeyer3729
    @ethanmeyer3729 2 ปีที่แล้ว

    How were you able to get an Account Executive role without any experience straight out of college? It seems like that is the best route to pursue when starting out in sales.

    • @nadimsarhan7063
      @nadimsarhan7063 2 ปีที่แล้ว

      Reach out to the people who hire, after all it shows them that you have that skill

  • @khanmahammed9087
    @khanmahammed9087 3 ปีที่แล้ว +1

    Patrick, you are just so awesome! Thank you for this video. Respect

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      Glad you enjoyed it!

  • @kaijunhuang1252
    @kaijunhuang1252 3 ปีที่แล้ว +1

    Thanks for sharing, it's nice to have a basic knowledge in salary when planning to enter sales career

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +2

      glad you got some value out of the video

  • @gskidchannel3586
    @gskidchannel3586 2 ปีที่แล้ว

    Do you recommend Salesforce ? I am being offered an Account Executive for Middle market in the banking product line of business. The area I would cover is California and Texas. Any feedback is greatly appreciated.

  • @jamiejamie3451
    @jamiejamie3451 3 ปีที่แล้ว +1

    this is really helpful thanks.

  • @quliahkuliah1932
    @quliahkuliah1932 3 ปีที่แล้ว +1

    Great👍👍 thanks for your sharing

  • @donpranger54
    @donpranger54 3 ปีที่แล้ว +2

    What was your major in college?

    • @hotdogjohnson
      @hotdogjohnson 3 ปีที่แล้ว

      I have the same question haha, right now I’m a computer science major

  • @marzizath495
    @marzizath495 3 ปีที่แล้ว +1

    Iam a student at Australia persuing IT, my dream job is Saas but a confused question is will software sales comes under the section of IT or Marketing or sales??

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +1

      It would fall under sales. When you're selling SaaS, everything is literally related to tech so it wouldn't fall under a "tech department".

    • @marzizath495
      @marzizath495 3 ปีที่แล้ว

      @@patrickdang so Dong, i want to become an entrepreneur as student i need to go my 9-5 for some time. So, is there any profession that has the sales kind of thing but also should fall under IT ????

  • @joeybag-odonuts7481
    @joeybag-odonuts7481 2 ปีที่แล้ว

    Is a college degree needed for this career?

  • @MuhammadAli-ux1qy
    @MuhammadAli-ux1qy 4 หลายเดือนก่อน

    really love your content patrick. i live in pakistan and i am 19 years old can i get a remote sales job in tech industry as a fresher. i am willing to work hard and learn. can i land a remote job while living in pakistan plz answer my comment love you patrick keep making these videos for us

  • @depay8291
    @depay8291 2 ปีที่แล้ว +1

    Hey Patrick, I recently got a job doing sales but not for a tech company. My goal is to get some experience under my belt before moving to tech and do Sdr. My question is does your course help people like myself who are starting out in sales? To gain the knowledge and learn how to perform better?

    • @StripesLol
      @StripesLol 2 ปีที่แล้ว +1

      You should apply to free SDR bootcamps that will provide you with a job after training if that's your goal

  • @UniversoSpiritualUnido
    @UniversoSpiritualUnido 3 ปีที่แล้ว

    great info! Why did you leave Oracle?

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +4

      Thanks! I left Oracle to join a startup.

  • @artursergeevich9016
    @artursergeevich9016 3 ปีที่แล้ว

    Awesome video! On Fastline Forum Sales is a number 1 skill to learn

  • @KG-qw4fv
    @KG-qw4fv 3 ปีที่แล้ว +1

    I work for a fortune 100 you better be tough and ready to fight in those interviews. And ur not gonna get paid shit at any company right off that bat.

  • @ajk0476
    @ajk0476 3 ปีที่แล้ว

    What about bootcamps like Flockjay and SV academy or Prehired people who do those don’t have a bachelors degree

    • @jgoodgood7795
      @jgoodgood7795 3 ปีที่แล้ว

      Don't. If it's not for you don't try.

  • @daywithdelta7645
    @daywithdelta7645 3 ปีที่แล้ว

    Do you know if it’s the same for the FAANG companies?

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +1

      It’s similar

    • @daywithdelta7645
      @daywithdelta7645 3 ปีที่แล้ว

      @@patrickdang thanks. I’m being asked by a recruiter at one of the FAANG companies what my salary expectations are for an Inside Sales role and I honestly don’t even know. I think I’m being too modest b/c I’m coming from an SDR role.

  • @siberiancat9710
    @siberiancat9710 2 ปีที่แล้ว +1

    I like your chanel👍 so usefull

    • @patrickdang
      @patrickdang  2 ปีที่แล้ว

      Thanks for watching.

  • @ASimDiary
    @ASimDiary 3 ปีที่แล้ว +1

    My base at a top tech company is 38… under your 40-65 range. 😞🥴

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +4

      We all got to start somewhere

    • @ASimDiary
      @ASimDiary 3 ปีที่แล้ว

      @@patrickdang 😀

  • @kasforai
    @kasforai 2 ปีที่แล้ว +1

    Does collage degree require?

    • @patrickdang
      @patrickdang  2 ปีที่แล้ว +3

      Some companies won't require a degree.

    • @kasforai
      @kasforai 2 ปีที่แล้ว

      cool, what types are they?

    • @datube612
      @datube612 2 ปีที่แล้ว

      @@kasforai I was able to get my foot in the door as an SDR and with no degree 5 years ago. The key was knowing someone inside the company and leveraging that relationship for introductions and insider information. My brother also recently just landed an SDR role at an IT services company with no degree. It’s a lot easier to do this today as there’s a shortage of talent. Take advantage of it. Once you’re in, it’s a lot easier to move around! For context, today I’m an AE in SaaS with a $240k OTE living in Minnesota. It’s totally possible, just have to put in the work. Good luck!

  • @brandonmatsuno6976
    @brandonmatsuno6976 3 ปีที่แล้ว +1

    would love a video on some of ur fav books on that shelf 👀

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +1

      haha maybe in the future i''ll do a vid about my favorite books

  • @EmissaryOfDeath
    @EmissaryOfDeath 3 ปีที่แล้ว +2

    Hey bro ❤

  • @SawkeakaRey
    @SawkeakaRey 3 ปีที่แล้ว +2

    Can you share the best website for those who are looking for new BD job opportunities?

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว +2

      I'll try to cover this topic in a future vid. Appreciate the suggestion.

    • @Popbasicgirl
      @Popbasicgirl 3 ปีที่แล้ว

      I've just started in the tech sales industry via Flockjay. Feel free to message me if you'd like to chat about my experience there.

    • @lateeshabeaver8622
      @lateeshabeaver8622 2 ปีที่แล้ว

      @@Popbasicgirl how was flockjay?

  • @fantastikfanatic1900
    @fantastikfanatic1900 2 ปีที่แล้ว

    Shiiii... Why did I go into pharma?

  • @alex03er47
    @alex03er47 3 ปีที่แล้ว +1

    Is it possible to get a job without a degree?

    • @patrickdang
      @patrickdang  3 ปีที่แล้ว

      Possible, but difficult if you're applying to large established companies.

    • @kirstinpark8446
      @kirstinpark8446 3 ปีที่แล้ว

      I used to work as a market data manager for an investment bank and now as a vendor relations manager for a consulting firm. We considered 80% of all account execs to be glorified used car salesmen who didn’t even bother to learn the ins and outs of the products they sold and were lazy. With all respect, it’s usually those who have failed at everything else that run to a sales career out of desperation.

    • @freethinker3083
      @freethinker3083 3 ปีที่แล้ว

      @@kirstinpark8446 How many of that 80% of people did you know personally to determine that they failed at everything else and were desperate?

    • @jesseobi7854
      @jesseobi7854 2 ปีที่แล้ว

      @@kirstinpark8446 Stupid Assumption