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The Cheat Code & Friends
In Revenue Capital
75 episodes
1 week ago
Serial entrepreneurs and operators Justin Gray, Josh Wagner & Sean Kester combine decades of B2B and GTM expertise with unwavering honesty to unpack the latest news (fake or otherwise) on The Cheat Code & Friends Podcast. Combined with a rotating guest list of founders, practitioners and investors, the no-nonsense forum gathers fortnightly, holding court to translate headlines into reality and discuss the impact for early-stage businesses. The Cheat Code is just that, the trusted folks we look to for advice and insight, and we hope to bring the same to you. Game over.
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All content for The Cheat Code & Friends is the property of In Revenue Capital and is served directly from their servers with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Serial entrepreneurs and operators Justin Gray, Josh Wagner & Sean Kester combine decades of B2B and GTM expertise with unwavering honesty to unpack the latest news (fake or otherwise) on The Cheat Code & Friends Podcast. Combined with a rotating guest list of founders, practitioners and investors, the no-nonsense forum gathers fortnightly, holding court to translate headlines into reality and discuss the impact for early-stage businesses. The Cheat Code is just that, the trusted folks we look to for advice and insight, and we hope to bring the same to you. Game over.
Show more...
Business
Technology
https://is1-ssl.mzstatic.com/image/thumb/Podcasts221/v4/88/2c/4d/882c4d31-03ca-eb3e-ced9-63a49f09f2ea/mza_5886233400136101565.jpg/600x600bb.jpg
Compensation, Culture and Accountability - Season 4: Episode # 74
The Cheat Code & Friends
54 minutes
3 weeks ago
Compensation, Culture and Accountability - Season 4: Episode # 74

Tune in for a conversation with Mark Schopmeyer, Co-Founder and Co-CEO of CaptivateIQ, on how incentive compensation can make or break the success of an early-stage company.


From the critical role of founding AEs to the delicate balance between keeping plans simple and aligning them with big-picture goals, Mark explains why no single model works for every business. They dig into the importance of trust and transparency in compensation plans, how leadership choices shape performance, and why cultural alignment is just as powerful as equity when it comes to motivating teams. You’ll also hear highlights from CaptivateIQ’s latest State of Incentive Compensation report, filled with trends and best practices that modern companies can’t afford to ignore.


Chapters

00:00 Introduction and Team Dynamics

02:51 Incentive Compensation Overview

05:49 Founding AE Concept and Compensation Strategies

08:49 The Importance of Simplicity in Compensation Plans

11:44 Leadership and Organizational Culture in Compensation

14:47 Equity Packages and Early Stage Hiring

17:28 Balancing Risk and Reward in Startups

20:30 The Role of Accountability in Startup Success

27:40 Building a Long-Term Vision

30:42 Incentivizing Performance: Equity vs. Compensation

32:20 Understanding the Bigger Picture in Startups

32:54 Unlocking Outsized Performance through Trust

34:25 The Role of Culture in Compensation

36:07 The Relationship Between Ops and Frontlines

39:02 Building Trust in Compensation Plans

42:21 The Value of High Performers

43:48 Behavioral Insights in Sales Performance

45:20 Integrating Performance Culture Post-M&A

46:28 Incentivizing Beyond Traditional Roles

51:25 The State of Compensation Report



References in the Show:

https://www.captivateiq.com/resources/captivateiq-2025-sales-compensation-benchmarks-report? 


https://www.hrdive.com/news/2026-raises-to-hold-steady-compensation/759671/? 



Quote of the Show:

"If there's anything I've learned working with startups and early stage companies and early stage founders, there's no correct way to do [things]. There's just a lot of methods to the madness. And I think founding AEs is no different.” - Mark Schopmeyer


Ways to Tune In:

  • Spotify: https://open.spotify.com/show/5GpM8myxsUinc5bfLIbjJz?si=0af576adfb8e49f8 
  • Apple Podcasts: https://podcasts.apple.com/us/podcast/the-cheat-code/id1692445190 
  • Amazon Music: https://music.amazon.com/podcasts/cb0b3afa-063f-4f3b-96be-b98214c74912 
  • YouTube: https://www.youtube.com/@CheatCodePodcast 
The Cheat Code & Friends
Serial entrepreneurs and operators Justin Gray, Josh Wagner & Sean Kester combine decades of B2B and GTM expertise with unwavering honesty to unpack the latest news (fake or otherwise) on The Cheat Code & Friends Podcast. Combined with a rotating guest list of founders, practitioners and investors, the no-nonsense forum gathers fortnightly, holding court to translate headlines into reality and discuss the impact for early-stage businesses. The Cheat Code is just that, the trusted folks we look to for advice and insight, and we hope to bring the same to you. Game over.