Ken Lundin: Are You Making These CEO Sales Mistakes?

21st Century Entrepreneurship

Ken Lundin, Founder & CEO of RevHeat, is a seasoned sales strategist who has lived through the highs and lows of building, losing, and rebuilding companies. We spoke about the most critical mistakes CEOs and business leaders make when trying to scale their sales teams and what it takes to fix them. Ken shared insights from decades of experience, including growing a company from $2M to $78M in just four years and recovering from the personal devastation of bankruptcy to help over 60 companies worldwide transform their sales processes.

One of the standout points from our discussion was Ken's observation that "50% of salespeople don’t even have the skill sets to succeed in your industry or in sales at all." This stark reality underscores the need for CEOs to move beyond gut feelings and implement science-driven approaches to sales.

We explored the seismic shifts in sales dynamics since 2020, the importance of mindset in leadership and sales success, and the dangers of relying on 'product-led growth' without robust systems in place. Ken emphasized that "sales is 75% science and 25% art," explaining how the right processes can create consistent results while leaving room for individual excellence.

Key takeaways from the episode include:

• Why the average head of sales only lasts 18 months and how to avoid the costly revolving door.
• The necessity of understanding “the 21 core selling competencies” to objectively evaluate your sales team's potential.
• How to build the perfect salesperson by balancing mindset, willpower, and tactical skills.
• Practical steps to implement a sales system that turns chaos into predictable, scalable growth.

Ken also offered a compelling case study: a struggling company on the brink of bankruptcy grew by 122% in just 18 months and eventually sold for over $50M, all by combining “process with the artist's touch.”

If you’re a CEO or leader grappling with the challenges of scaling sales and fostering a high-performing team, this episode is packed with actionable insights and real-world wisdom you don’t want to miss.