Showing posts with label salespeople. Show all posts
Showing posts with label salespeople. Show all posts

Wednesday, November 25, 2015

Passionate Entrepreneurs Can Take a Page Out of the Best Salespeoples' Playbook


Is there a key nuance of a great sales person that is not often talked about that could be useful for entrepreneurs? After all, both are in the revenue generating function with varying degrees of involvement. Let's consider the following four points: 

1. Framing the context: An entrepreneur meets a customer.

Now imagine that you meet a potential customer under two circumstances -- when your customer pipeline is brimming full, and when your customer pipeline is empty. Would you handle the two situations differently? How you could rate your self-esteem under the two scenarios? Will your communication send different messages under the two scenarios? 
Great sales people do not let paucity or an abundance of business dictate how they handle a potential client. How do they do that? It is a riddle worth exploring and sharing. At the root of it is a deeper understanding of passion -- quintessential for connecting with your audience. 

2. A page from the best sales peoples' play book

Best sales people are always even-keel in their approach toward a prospect, whether they are exceeding goals or starting the year afresh. They have a firm handle on the degree of passion. They go so far, but no further. They are passionate but have a healthy detachment to the outcome and more importantly their current performance status. Although, such small nuances are lost in translation, it aligns with research on harmonious passion.

3. Degree of passions

There is an interesting empirical research by psychologist in the European Journal of Social Psychology that explores the relationship between passion and self-esteem. What is unique about this research is that they do not talk about passion as one word, but split it into degrees of passion. Their research concludes that lower the variability of passion in a person, the higher the self esteem. In other words, lesser the yo-yo of passion dictated by circumstances, the more positive self-esteem. They even coin a phrase for that -- harmonious passion.

4. It all starts with the handshake.

The bigger question is -- how does a great salesperson pull it off, while the same situation will confound the average salesperson?
  • It starts with the handshake. A great sales person matches the pressure the customer exerts in a handshake. Being extra conscious of the most basic gesture is a starting point.  
  • Most passionate people are interesting first and interested second. They very best people flip the order. Great sales people know their chops. Catch them in a social setting and express an interest in what they do, and their depth of domain expertise will amaze you. However, when they get an opportunity to meet a prospect who may be interested in what they have to offer, they temporarily suspend their urge to share the synthesis of their knowledge and hard work. In essence, they restrain themselves from doing the natural thing. Instead, they let their passion ebb into the natural flow of conversation that mirrors client’s wavelength.
In a nutshell, great salespeople know where to draw the line between being passionate and being married to an idea. That nuance takes them afar from the rest of the pack. Entrepreneurs, the passionate kind, can take a leaf out of their playbook.
If a coin toss is a metaphor for meeting different customers, outcomes of past coin tosses have no bearing on the outcome of the current toss. Yet, when it comes to people and their success, history has a way of creating a mental euphoria or a baggage. Unshackling it is easier said than done, but being self-aware is the first big step -- mirroring the magic handshake is where the harmonious passion begins. 
Karthik Rajan

Tuesday, February 3, 2015

Busy Is the Enemy of Productive. Which Are You?


What qualities make some salespeople excel while others languish, struggling to make a living? One key differentiator between elite sales producers and the rest lies in their productivity.
Elite salespeople have figured out the difference between busy and productive and spend most of their time delivering results. If you watch how low to moderately productive salespeople behave, they are always busy. They frantically go about their day completing one task after another, yet never move ahead in their business.
The elite sales producers, on the other hand, are always productive. They are not franticly pulling out their hair because there's too much to do. Rather they show absolute focus in doing what matters to build their business.
Are you sick of being busy and ready to take your business to a new level by being productive?
Here are seven lessons in how to become productive rather than busy:

1. Narrow the to-do list.

If you have a to-do list that is pages long, you have set yourself up for a busy day, not a productive one. Narrow down your daily list to the two most important things you must do to move your business forward.
Everything else on your list is just noise that gets in the way of productivity. Don't concentrate on the noise: Focus on the two items you can do today to build your business.  

2. Monetize that list.

So what are the two most important things you must do to move your business forward? If you are in sales, then the most vital items on your list should be prospecting and retaining business.
I own real estate offices, and although there are a million little things I could and should do daily (like writing blogs, creating training content, reviewing budgets or meeting with the marketing and advertising team), none of these tasks generates income.
Therefore, they are never my first priority. The two most important tasks on my to-do list every day are recruiting new sales team members and retaining the ones I have. Everything else falls into my "maybe if I have time later" bucket.
Your time has value. Concentrate on the two things that represent the highest and best use of your time. Delegate everything else or put those items on the back burner until you have free time.

3. Optimize your work area.

If you're easily distracted, then you must find a way to make your work area conducive to productivy. I find it difficult to make my daily prospecting calls at the office because I'm easily distracted. I chat with people and get carried away tackling "busy" tasks that don't move my business forward.
Therefore, I do my prospecting calls from home, early in the morning, without distractions. Productivity is difficult to achieve if you're constantly interrupted. So shut the door to your office, work from home (if that doesn't distract you) or find a quiet corner at a coffee shop where nobody knows you. But find a way to make your work area work for you.

4. Eliminate time sucks.

What are you doing daily that's a complete waste of time? Here are a few that I've noticed in my life and have since eliminated: television, people who gossip and unwanted sales calls.
Take a couple of days and map out how you spent your time in 30-minute increments over 10 hours.  
Are there segments of your day that could have been better spent?
Eliminate anything that adds no value to your day or life.

5. Shut off the devices.

When working on the two most important tasks of the day, shut off your phone and email and turn away from social media. On a daily basis, I don't even check my emails or voicemails until I've finished my two most important tasks.
Why? There are time suckers lurking on your device. These time suckers are an invitation to make you busy, but they will not make you productive.

6. Chill.

The most productive salespeople are the ones who regularly take vacation and scheduled time off during the week. You cannot remain focused and productive without taking breaks to recharge through focused relaxation.

7. Don't be hard on yourself.

Productive salespeople do not berate themselves when things fall through the cracks. When you focus on just a couple important tasks each day, sometimes stuff gets overlooked.
Sure, you'll miss an email or a deadline here or there. But if it was for the betterment of your productivity, who cares? Let it go!
Stacey Alcorn