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Showing posts from November, 2019

3 Things To Be Thankful For If You're In Sales

With Thanksgiving here, I made a short list of things that people in sales should be grateful for.  Yes, sales is hard. It can be lonely, demotivating and hard. But there are a few things that make a career in sales totally worthwhile.   You choose who your clientele is . This may be partially true, depending on your industry. In the insurance business, I decide who I want to deal with. For me personally, I enjoy working with business owners and entrepreneurs. Others may want to work with senior citizens, or the special needs market. My years of working retail, where you had to deal with anyone who walked through the door, helped me decide that I wanted a career where I could choose my customers.  You can set your own schedule . Want to take a week off? Do it. Need a sick day? Take it. I will stay up at all hours of the night working on marketing, scheduling, paperwork, etc, so I can have time off during the day for family time (when they are awake). Remember, you ha...

Why You Should Ask Questions

Back in my old financial advisor days, there were certain things that made most of the people in our industry angry. At the top of the list were "financial gurus" who made appearances on radio and TV. These "experts" gave generic, blanket advice which was meaningless, but they made a great deal of money in appearances and book sales. Why was their advice bad? Because they conveniently omitted something that we, as financial professionals, knew: Everyone is different! When it came to our clients, incomes, risk tolerances, ages, goals (personal, professional, financial) and family situations were all different. And the only way to know what the client's needs were was to ask questions and keep asking even more questions. For instance, how many kids did they have? Were they planning on funding the kids' education? What was in their budget to spend on insurance, investments, etc? Did they even have a budget? Did they work? When did they want to retire? And s...

Sales School: Yes or No?

I attended my first official sales training class right out of college. About 60 people from all walks of life were put up in a hotel for 2 weeks. Each Monday through Friday, we would go to an office building a few blocks up the road and sit in a classroom, where we'd hear lectures on how to keep the prospect's attention or memorizing countless rebuttals when the client didn't want to buy. We were even taught some things that I considered a bit sinister, like how to get a little old lady to open the door to her home when she didn't know us from Adam. Here are some takeaways from various sales training classes/schools.  Some will focus on product only . In my opinion, this stinks. I worked for a large insurance carrier who didn't tell us how to find prospects, but wanted us to know how to explain their rather large portfolio of products. That's great if you have a client, but trying to figure out how to find these people on my created a long and horrible le...

3 Reasons Why People Stay In Sales

The amount of turnover in a sales career is enormous, and for various reasons, which I'll discuss in next week's blog. But given than certain industries lose up to 90% of their sales people in the first year of employment should tell you that something is terribly amiss. However, there are those people who stay in sales and are successful. They are a different breed altogether. Entrepreneurial and driven, they manage to hold out for the next sale. What makes these people tick and what keeps them moving forward? Here are a few possibilities. It's like a game for them . When I got my first real sales job, video games were just getting popular. Our manager told us that we should compete against ourselves and beat our personal "high score". As a decent video game player I was intrigued by this logic.  My forte was a game called Crazy Climber, wherein you helped a guy scale buildings while avoiding things like flower pots and bird crap, and I wanted to beat my pe...