Will the current economy affect your figures?

Has anyone seen a decline / expect a decline in sales due to the economy?

I guess it is all dependent on your market however I've had more & more people saying they don't have the budget and they're apprehensive in investing in more things due to the uncertainty of the economy. Obviously I know the Xmas break isn't the best time to make sales anyway but just wanted everyone's thoughts & perspectives. 

 Is anyone else seeing this? How do you get around it?

Economy affecting results?

Attached poll
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🧠 Advice
🚀 Career Goals
🌎 Economy
12
Sunbunny31
Politicker
4
Sr Sales Executive 🐰
A few cautious enterprises postponing major decisions. Others are moving forward.
CuriousFox
WR Officer
4
🦊
Not for me. So far it's still business as usual.
sales4lyf
Politicker
0
Business Development Manager
Ah nice, pleased to hear!
Justatitle
Big Shot
2
Account Executive
Every company has gotten stricter with budget and spending. Only essential products are being approved currently. So everyone is feeling the pinch right now
Diablo
Politicker
1
Sr. AE
100% yes. There are budget cuts, budgets not being approved, head count reduction etc etc.
Coastal_crusher
Politicker
1
Sales Director
One of the hardest things to do in sales is perform consistently. Adapt to the current wave but don’t let it consume you. Good luck!
sales4lyf
Politicker
0
Business Development Manager
That’s for sure, thank you!
Maximas
Tycoon
0
Senior Sales Executive
Hopefully not, hard to oversee the future!
FinanceEngineer
Politicker
0
Sr Director, sales and partnerships
So far, it is helping me. I expect it to slow down though.
ThatNewAE
Big Shot
0
Account Executive - Mid enterprise
I started seeing decline in the amount of incentives I was making - from October'22.

Not just me, the entire team's quota fell by half and we barely made 40% last quarter.
8

Will significantly miss FY target. Due to circumstances known at company. Is this the end of my Enterprise AE career?

Question
8
13

Has massive growth ever led to mental breakdown? I have been hustling since 17 years old chasing to strive for success doing odd jobs and unintentionally ended up with Edtech K12 Sales as my first official sales job - A toxic culture with no employee respect eventually me to switch after 18 months. Since reps in Edtech are highly valued, had no option but to continue in Edtech sales. This time it was higher education segment, things looked good in the first few month but slowly it started adapting methodologies like the old Edtech since the management was changed. I decided to move out and switch to B2B SaaS. After 13 months of learning & success, my aspirations weren’t matching with the growth vision shared by my manager and ended up being desperate to switch. Got to a AM-Inside Sales role with a 50% hike. Guess what? It led to my mental break down since the culture is pathetic. In entire journey, all challenges never affected my performance but l am losing the spark to glow and hustle eventually. While I plan to switch, a token of guilt is still alive. The experiences have made me far better and strong as a BDR but blank about the next steps in my career. Thanks for reading. Do share your thoughts.

Question
15
23
Members only

Does working for a less established company affect resume attractiveness?

Question
26
Which company would you join?
63% ISR in the old (medium sized tech) company
37% SDR with the big tech boys
73 people voted