You're Going To Be Great At This!

There is a family in a nearby town that is pretty affluent and owns multiple businesses. These folks have been involved in an array of organizations, from the chamber of commerce to local government and anywhere in between. The third generation of this family is now in the process of running their operations, with the adult children taking over some of the responsibilities.  Over the years I met a few of these people at various functions and I felt I had built some sort of rapport, as I had worked alongside them at cookouts and fundraisers. My relationship with them was friendly but not personal. However, I had become a bit closer with the one young lady, who I will call Ann. Ann was married to one of the adult children (we'll call him Frank) who was starting to take over the business.  Ann was also involved, in an ancillary way, with some networking groups I attended. She and I, along with a few others, would sometimes grab a bite to eat or discuss businesses that were refera...

A few weeks back I touched on the subject of coworkers who were trouble in a post titled " What Can I Do To Succeed? " This time I thought I would give a few more true stories of these toxic people and how they operate. First off, let me say that I have probably been one of these people at some point in my career in sales. It's a hard job and especially tough when one is not succeeding. As I have said many times, people who do not do well in sales are, in many cases, not given an honest assessment of the job when they are brought on board. Too many hiring managers and recruiters will only tell new hires the good parts of the job and leave out the bad.  For instance, a few years ago I interviewed with a very large life insurance agency in Charleston, SC. The manager showed me a leaderboard with all of the top producers' names and production. There were about a dozen names on the list. I had seen this kind of pitch before, so I asked how many agents were in the agency. ...

A few months back I ran into a nice lady who had purchased a life insurance policy from me many years ago. We had stayed in touch for a few years but I lost touch with her. Needless to say I was a bit surprised when she responded to one of my posts on Facebook regarding some new policies my agency was offering.  After speaking to her for a while I realized that a lot of things in her life had changed since we had last spoken. She had made several career changes and was currently working for a non-profit organization. Her personal situation had changed as well, as she had a new beau who seemed to be a good guy. During our conversation she mentioned that the life insurance policy she had purchased from me years ago had lapsed and now she was in the market for a new policy. Her concerns had also changed a bit over the years. Her parents were now deceased, but before they died she had been one of the principle caregivers in their later years. With that experience she had come to realiz...

For those of us who do a lot of B2C (and some B2B) sales, keeping files on those clients is important. I like to take notes during my initial meetings about the client's wants and needs, but at the same time, I write down a lot of personal information, like dates of birth, addresses and other vital information that I can refer to later. Making sure you keep that information safe and secure is of utmost importance. The news is rife with stories of security breaches involving millions of people's personal information. Most of those kinds of lapses are caused by hackers who break into large financial institutions, but there are those times when a smaller business becomes a victim of a cyber attack.  On the flipside are those instances when hard copies of personal information fall into the wrong hands. There are no hackers to blame here, just plain old carelessness.  A few years ago I was working with someone who left her work computer in her car in a restaurant parking lot, but i...

Years ago when I worked for a large life insurance company we were encouraged, and sometimes badgered, to buy their products. The manager of the office would say, "I can't tell you how it works, but if you own it, you'll sell more." Apparently there was some magical force in the universe that we were all unaware of. At the same time, there was a huge increase in credibility when I would talk to a client about disability insurance, for example, and they would ask, "Do you have a policy?" Of course I did, but if I had said that I didn't, it could be a deal breaker.  "Why should I buy it if you don't think it's good enough for you to buy?" Awkward. When I left that company and went to another company the new manager said, "We sell on need. If you don't need it, don't buy it." He was right. Of course, he would lie and tell his clients he owned everything. Needless to say, I left that company after a few months.  But does o...

If you are in sales you are either a W-2 employee, with a nice benefits package and salary. On the other hand, you may be like myself and countless others who are independent contractors, which means we are on our own when it comes to benefits, wages and overhead. In other words, we are self-employed. With any situation like this there are advantages and disadvantages. A few of the advantages are: You work when you want . You are not bound to a schedule, generally speaking. But if you want or need a vacation, you can do so whenever you care to. Personally, I like to work late at night or early in the morning when I don't have a lot of interruptions. If my work is finished I can "clock out" when everyone else is starting their day.  Lots of tax deductions . I write off everything I can because I'm self-employed. If I take a client out for coffee or a meal, I write it off. Travel expenses, including gas and lodging, are also written off. Work from home? I have a home of...

There are too many times when we meet a client, get some information from them and, for a myriad of reasons, never bother to give them another call. Maybe they didn't seem interested in what you were offering or they didn't fit into your target market. Or maybe you thought they said "no" when they really wanted to think it over. Whatever the reason is, you need to pick up the phone and give them a call back. When I meet a client for the first time, I do a "fact finder" questionnaire, which sounds formal but really is just a track to run on to get a conversation started. Open ended questions help get the client talking.  When they talk, I listen and ask follow up questions. It sounds easy, but our human nature makes us want to sell our product instead of hearing about someone else's issues. By listening to the client and getting them to open up, we build trust. People love it when others laugh at their jokes and are genuinely interested in their lives.  B...