Big Deal is a BIG DEAL!
Oct. 31st, 2024 12:51 pmToday, Oct. 31, represents various things for different people. For some, it's Halloween. For others, it's Diwali. For me it's the end of the quarter. My company's fiscal year runs Feb 1 - Jan 31, so today is the last day of Q3.
The last day of the quarter in sales is often a day of great stress as people are straining to complete deals by midnight. Yes, ordinarily 9-5 types work late into the evening on days like this. Yes, it makes a big difference whether a deal is considered closed at 11:30pm tonight versus a few hours later in the wee hours of tomorrow. It makes a big difference in the quarterly results a company reports to its investors. It can also make a big difference in how people in sales are compensated.
For me and for my team, though, today's a day of relaxation. We closed every deal on the table already in the past few days. We not only closed every deal, we closed a HUGE deal; the biggest single deal ever in the company's history.
"Have you taken a look at the commission reporting tool?" a colleague slacked me yesterday. "I think there's a mistake in it."
"What kind of mistake?" I asked, already having a (happy) suspicion what he was seeing.
"The number is BIG," he wrote.
"Quick, take a screen shot!" I joked. Then I added: "Did you look down in the detail section? Did you see the $11 million deal we closed this week?"
BOOM!
The biggest single commission payment I've enjoyed in my career will be coming in my paycheck in about two weeks.
The last day of the quarter in sales is often a day of great stress as people are straining to complete deals by midnight. Yes, ordinarily 9-5 types work late into the evening on days like this. Yes, it makes a big difference whether a deal is considered closed at 11:30pm tonight versus a few hours later in the wee hours of tomorrow. It makes a big difference in the quarterly results a company reports to its investors. It can also make a big difference in how people in sales are compensated.
For me and for my team, though, today's a day of relaxation. We closed every deal on the table already in the past few days. We not only closed every deal, we closed a HUGE deal; the biggest single deal ever in the company's history.
"Have you taken a look at the commission reporting tool?" a colleague slacked me yesterday. "I think there's a mistake in it."
"What kind of mistake?" I asked, already having a (happy) suspicion what he was seeing.
"The number is BIG," he wrote.
"Quick, take a screen shot!" I joked. Then I added: "Did you look down in the detail section? Did you see the $11 million deal we closed this week?"
BOOM!
The biggest single commission payment I've enjoyed in my career will be coming in my paycheck in about two weeks.