I was put in a 1 month pip at work.
I started in a new vertical within the company beginning of February. The vertical is small with limited accounts to go after. One other rep to compare me against. Other rep warned me about taking this role as they felt it a second rep was unnecessary and not enough to feed two reps.
Average deal cycle is 8 months.
AE/AM role (never been AM but inherited 10+ active clients that demand a ton of time and existing business doesn't retire quota)
I met quota first quarter because closed up previous fired reps deals in progress.
second quarter I missed quota.
I've been working my ass off prospecting generating tons of pipeline since the start, learning new vertical/industry, learning new software, working 12+ hour days, zero time off all summer.
Now in 3rd quarter I'm on PiP to close X deals which it attainable and I will meet but they're also saying I need to improve my product knowledge and sales skills. Pretty Vague.
I told my manager I was shocked and wondered why it hadn't come up before. Manager said I should have known.
I told my manager I have never seen someone come off PiP and stay with the company and it's usually a way out the door. My manager said that is not their intention and it's to improve x,y, and z so I come out better. I'm really bummed out about it because I'm a big fan of the software but also feel as though this place is killing me now.
What to do?
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