Everyone dreams of having their own business so they can have the life they have always wanted. Without a plan, the dream can turn into a nightmare. This site is for the dreamers who want to build a life not create a job.
Tuesday, July 12, 2005
Does this "Sandler Stuff" work in a Commodity Business?
The example was given that in a commodity business such as buying a truck load of sunflower seeds the client does not always buy strictly on price. Sure that is a consideration. When all is said and done there are lots of things that go into the decision making process. Will the sunflower seeds be there when they said it would be? Will they be in good shape (wet or dry)? Will the process of ordering it and getting it delivered by an easy one? Will the terms be right?
The question then becomes, how do you let your prospects know all of this? By asking the right questions, and finding out what is important to them about their sunflower seeds and the process. How was it handled in the past? Do they currently get their deliveries on time from their current vendor? Are they happy with their current terms?
Sure you might still have to be part of a bid. And, if you do it right, you will develop the "trusted advisor" relationship with your prospects and clients so that the bid is a formality because of the bond you have developed. Why? Because they know you care. You not only asked but you listened and heard. So whether you are selling sunflower seeds or office equipment you still can have an edge over the other vendors who place their bids.
Monday, July 11, 2005
Where should I spend my time?????
When all else fails, do the next right thing. If your list is too long and your time too short, prioritize. Figure out what will give you the most bang for your buck. For me, I fit in a meeting and made some calls. I organized my week and got a handle on the rest of the month. Now the key is to implement once the plan is set.
I always have to build in flexibility in my plans. For example, today I needed to reschedule a meeting with an associate due to switches in someone else's plan. The good news is I've learned about having a Plan B.
So make a plan, work the plan and adjust where needed. When all else fails, be flexible and do you personal best.
Wednesday, July 06, 2005
Cold Calls
As a volunteer for the Chamber I can remember sitting in a room full of people and cell phones banging out call after call and not blinking an eye. It was easy because I was a volunteer and it wasn't about me. Yet, here I am calling for me and our training center and I find the phone feels like a 100 lb. weight.
Here's the good news. I can do it and so can you. All you have to do is try. Each time you do you get better at it and it gets a little bit easier. It is like anything you do, with practice and repetition it gets easier. It's like a muscle that you train or a habit you start. Sure there are other ways of getting business. However a good sales funnel needs to be filled with a variety of activities.
So keep in mind the following:
- Cold calls are not forever, just till you build a good referral base.
- It's only part of your program. You need to have other items in your tool box of getting business like networking, marketing and referrals to name a few.
- Finally, no one has ever died from making a cold call. You will live to sell another day.
Take heart, you can do it. If I can, anyone can.
We've Moved
After Ed gave me the official tour of the building I made a pot of coffee. Helps to start the day off right for me. Then I sat down in one of our offices to make calls and work on the computer. It was an amazing feeling. I truly believe this center is poised for big things as we help our clients grow in their businesses. The center is warm and welcoming. I look forward to our next round of training next week.
Thursday, June 23, 2005
Don't Give it Away
So charge what your worth. Charge for you spec. work or proposals. You are worth it and if nothing else, you were paid for the work you did even if they take your bid and shop you with your competitors.
Monday, June 20, 2005
The Gut Factor
Now that I am "selling" for a profession it is a whole new world. I guess I need to work the gut muscle again, it has begun to atrophy. So where do I begin?
- Well it starts with a plan, and then work the plan.
- I realize I will have to do the hardest things first or they won't get done.
- I will build rewards into my plan as I make small accomplishments. (I need to give myself those strokes.)
- It means facing head on the "brutal facts of your current reality."
- And for me, it means reaching out for help to all my resources. (I don't do that well.)
The payoff will be worth the workout. I guess it really is no pain, no gain. So I am doing my stretches and getting ready for the workout.
Thursday, June 16, 2005
Hold Your Ground & Take The High Road
In the article a contractor is optimistic.
Although he gets underbid by competitors using underground workers, McLaughlin, the contractor in San Francisco, says he has found a viable niche: homeowners who want proof that the contractors they hire are licensed and covered by
workers' compensation policies, but don't want to pay the prices that larger contracting firms charge. Until the government settles on a way to assimilate the stealth labor force, McLaughlin says, he'll refrain from turning to the day workers who line the sidewalks of San Francisco's Cesar Chavez Street every morning, gesturing to passing pickup trucks in hope of landing a job for a few hours. But once he can hire them legally, he's looking forward to it. "The work ethic of those guys is unbelievable," says McLaughlin, who regularly logs 12-hour days. "They put me to shame."
This story really made me think about our system and why bidding is not always the best answer. Obviously, there are times you have to place a bid. However, without developing a relationship with the client/prospect and getting a full understanding of the project and their decision making process, it is a no-win situation. And if they are only looking for the lowest price no matter what the consequence, does it make sense to play in their game. I think not.
Wednesday, June 15, 2005
The Power of Communication
So for me I have learned the power of a "cc:" on my emails and just a quick email in general. When you are working with clients and in particular prospects, make sure you let them know you are working for them or on their stuff. Jot them a quick note or copy them in your correspondence. I believe this simple item can go a long way into building a strong bond with who ever is important in your world.
Saturday, June 04, 2005
Your 30 Second Commercial
- You are at a dinner party with some of your best friends and someone says "By the way, I've never really understood what you do, can you tell me what you do and who would be a good client for you." What would you say? How can you be prepared to answer that question?
- At the same dinner party you overhear your friend talking about a challenge they are facing in their business, can you think of ways you can offer help through your circle of influence. Come up with ways on how you might be prepared to help a friend.
Thursday, June 02, 2005
Is it June Already???
Are you where you expect to be? Are you ahead of schedule? Do you have a plan? or Are you flying by the seat of your pants, hoping to get a good ride?
If it is the latter, it is time to get a plan. This is a great time to get serious.
Tuesday, May 31, 2005
Lessons Learned Again
Today I saw lots of "aha moments" for people. Our clients are out in the trenches trying this new approach and guess what, it's working. Some are struggling with how to make it work better, others are feeling uncomfortable because it is not how they have been wired and others are just in the sponge mode, taking it all in. That's what it is all about. Every week we get back together to see what's working, what's not and why.
President's Club, when it is all said and done, is a place to come and debrief, rest and learn some more. The best way to learn is to try and then take a look at what you just did and get some feedback. It's great to have a safe place to come to and say, "Hey this feels uncomfortable, how can I make it work better." And then suddenly find the answer for yourself right in the room.
Thursday, May 26, 2005
Sharpen the Saw
- For me Toastmaster's has given me confidence to speak to groups or one on one with a client.
- It helps me think on my feet. You never know what is around the corner and I like to feel like I can handle any situation as it arises.
- I provides me with the tools I need to learn how to prepare a presentation that falls within the timelines proscribed and how to get my point across in a way that people will understand.
- It has taught me leadership through the various roles I have performed. I was just elected President of our club and will start in that role in July.
- It is also a great place to meet like-minded people who might be able to do business with you.
No matter where you are in life, this might be a good tool for you to help you sharpen your saw.
Tuesday, May 24, 2005
I Love Tuesdays
The beauty of the system is that we learn from each other. David Sandler discusses on one of his tapes that clients want to know that you have walked in their shoes or moccasin's before they will trust you with their pain. The truth is that we don't always have an opportunity to have those same exact experiences, but at the trainings someone else might have and we can learn. Their stories can be our stories, if we really internalize and learn the lesson.
So even though today was a rainy, dreary day, I knew the sunshine would be there waiting for me. For it is through the group we grow and build each other up.
Friday, May 20, 2005
When Partners Don't Speak the Same Language
Interesting that I just came from the seminar that Ed gave on Magical People Skills. Based on the information I gleaned from this seminar, I see this as a difference of styles with one being Macro and the other being Micro. The truth is they are both right. Some people will be overwhelmed by a detailed presentation and others will feel cheated by a presentation with concepts and no implementation strategies. And the truth also is that some will be thrilled with both.
It's great to have these skills. It is clear the more you know about people, how they behave and why, the better you will be able to communicate with them in a way that will allow you to gain better understanding.
Thursday, May 19, 2005
Help Others and They will Help You
So when you are out meeting people at a networking event, like a Chamber BAH (Business After Hours), keep your antenna up. You might just be able to help someone else and at the same time be in a position to be helped yourself.
Tuesday, May 17, 2005
Why a System?
One of the things we talk about at our training is the fact that what we offer is a proven system that works. You can look at any sales call that you have ever been to and debrief it to see where in the system you might have failed. Was there good Bonding and Rapport? Did you get enough pain? It is a great way to learn and grow. In fact, we tend to work with a lot of engineers and technical people because they love having a blueprint to something that seemed like smoke and mirrors.
Lou actually gave the following reason for a system, and I wanted to share it with you. When it comes to starting a business and/or buying a franchise, his system helps you:
Save
Your
Self
Time
Energy
Misery
We talk about pain in our world, and the system (Submarine) is a great cure for sales misery.
Friday, May 13, 2005
“Do you think you could close this sale?”
A friend of mine went into a local electronic store to purchase a big screen TV. She had the money and was ready to buy. Her son was in karate and had a limited amount of time to spend on the purchase and she has a short buying cycle. She found the TV that she wanted and it was $2,000. She found a sales person to help her and gave him a credit card. As David Sandler would say, “Do you think you could close this sale?”
The moral of the story is “Sell Today, Educate Tomorrow.”
Wednesday, May 11, 2005
It's not too late to go back
The following week he came back to our meeting. He was sitting on the edge of his seat. You could see he could not wait to tell us how the appointment went. He shared with us that he went back to his client and told them he made a mistake and needed to talk with them. When this event was all said and done he not only got $9,000 for the server they set aside $10,000 for maintenance cost. He behaved when it was tough and it paid off. So what did he learn:
- He figured out that he has "money" issues and that his clients don't mind spending money for a good solution.
- He was vulnerable and teachable and was able to really learn from this experience and through that teach to the group.
- The group worked as a team to problem solve and further demonstrate that if you fall on your sword, you will be rescued.
- He learned not all customers are the same, not all solutions are the same and he needs to slow down to speed up.
- He learned there is more to learn and is back at our latest QuickStart and is focused on learning the effective use of Up Front Contracts.
I see a lot of growth in him and know that in a year or two, if he continues on this path, he will be an amazing professional salesperson.
Saturday, May 07, 2005
Focus Grasshopper
Blueprint: My strategic plan for the day. Priorities, appointments, projects. Review the night before or early in the morning.
Action: Concentrate on the most important activities that will move you towards accomplishing your sixty-day goals.
Learning: Expand you knowledge through reading, cassettes, video, mentors, courses.
Exercise: Re-energize for thirty minutes.
Relaxation: Eliminate daily stress. Nap, meditate, listen to music, family time.
Think: Take time to reflect on the day. Review goals, visualize, develop new ideas, use a journal.
This was helpful to me as I work on improving my concentration skills and creating an environment that will be conducive to achieving my goals.
Thursday, May 05, 2005
The Morning After
- I re-established connections with some former clients and paved the way for a future contact.
- I met four new people that I would call suspects (one who really needs our training) and might be in need of our services.
- I behaved and have set a course of action for future behavior.
Overall, yes it was a good use of my time. Today on my behavior plan I am going to make some calls and do some follow-up and rest a little. I am tired but energized.