You're Going To Be Great At This!

As entrepreneurs, business owners and other self-employed types, we are always try to learn how to work efficiently, maximize profits and keep our focus on the future. Sometimes, we overlook an obvious resource. By listening to the stories of how others in our shoes have made the journey to successful business person, we can see how our own stories are either similar or completely different. I personally love reading biographies of successful business people throughout history. Recently I finished David McCullough's book, "The Wright Brothers". Most of us know the story of these two bicycle shop owners who figured out how to fly and control the flight. However, there were other parts of this story that I learned. Their tenacity, business acumen and planning were integral to their success.  This is usually the case of most successful people.  By reading or hearing of these kinds of examples, we can look at our experiences to learn as well. Recently I had Adam Griggs of the...

For those of us who are in sales or are self-employed, we tend to concentrate on marketing, networking, production numbers and other factors that affect the bottom line. However, we often overlook an important factor. When considering your state of mind when selling, one should also how they feel physically as well. By exercising and staying healthy, we are more productive, can increase our working years and be more effective.  Victor Fernandes of Fernandesfit.com was a guest on a recent episode of my podcast and we discussed how staying healthy and moving our bodies can impact the success of our business.  Coincidentally, I was a guest on his podcast as well, which is on YouTube . In both of these we talk about getting up out of the chair and keeping healthy by doing the "small things", like drinking water and walking. Small changes can make a big difference! Chris Castane s is a humorous speaker who helps sales people succeed through workshops and humorous presentations. H...

I recently had a great talk with Dave Campbell from True Media Solutions and host of 9 (!) podcasts. We discussed how people don't take action and delay their goals because they are waiting to learn more and their desire to make it "right the first time".  If you are in the process of starting a business, a podcast or any other project, and you keep putting it off until you think the time is right, now is a great time to listen. And please subscribe or follow. Chris Castane s is a humorous speaker who helps sales people succeed through workshops and humorous presentations. His new book, "Nearly Motivated" is available on Amazon. For booking information,  click here . His new podcast,  "You're Going To Be Great At This!"  is available on most platforms.   He's also the president of  Surf Financial Brokers  selling life and disability insurance in several states.

For those of us who work on a "commission only" basis, it can be difficult to make a budget for household expenses or other personal financial decisions. Not knowing from one month to the next what your income will be can be tough. With this in mind, many sales professionals have decided to supplement their income with extra income, by either working a part-time job, starting a business on the side, or working as a "gig" employee. Years ago when I was just getting started selling insurance, I would work a part-time job in a retail store. This extra income helped to pay some of my expenses, which helped out tremendously until I could get my career off the ground. As soon as it looked like I may be okay, I turned in my notice. The funny part was that my retail manager asked if she could keep me on the payroll in case one of the other employees called in sick. I worked about once a month for them for another 2 years. A friend of mine who is also an insurance agent, has...

A few weeks ago I joined an online meeting sponsored from a LinkedIn group. This group usually has a presenter or speaker who gives advice to the group, which is mostly made up of small business owners and other entrepreneurs.  As the presenter talked about sales and ways to improve the bottom line, someone in the group asked a question about how to manage others when sales drop. The speaker made a comment that hit me in the gut. "As sales decrease, there is an increase of micromanaging." Words had never been truer.  I immediately thought back on all of the times when my own production had taken a dive. On those occasions when I was working in an agency with managers, the micromanaging would begin. There was much hand-wringing. "What are we going to do to get you out of this slump?" I would hear.  My first thought was to ask, "Where were you when I was doing well?" I thought better of asking, because I knew the answer already. And the answer to getting out...

Have you ever watched a comedian bomb onstage? If done correctly, it can be both horrific and entertaining at the same time. Sometimes you actually feel sorry for the poor idiot on stage with their crappy material and defensive attitude when the heckling starts.  But sometimes when a comic has been especially bad and even more defensive, watching him or her fall without a parachute can be gratifying. I once saw a comic in Raleigh, NC who was mediocre at best. He had this crappy "I shouldn't have to be working this crappy club in North Carolina, I should be in Vegas," attitude. At one point he made a racist joke that more than irritated a very large African-American gentleman on the front row. "That joke sucked!" the man said with a very loud booming voice.  The air had been sucked out of the room. The comic lost his train of thought and blamed us, the audience. At this point, he should have been trying to win us over, but instead he decided to push us away. It w...

One of the great things about being an independent contractor is that I, as a "business owner", get to make my own decisions when it comes to marketing. Instead of trying to reinvent the wheel, I can look at what has worked for others in my industry and put my own spin on that. But every once in a while, I like to see if I can find a way to reach prospective clients in a way my competitors haven't. At the end of last summer I was having a meal at a chain restaurant. Our server, a young woman in her early 20's, was lamenting that people stole her pens when paying with a credit card. "I have to go to the store each day and buy pens," she said with a tired look in her eye. "People just assume that the pens are for the taking." I nearly forgot the conversation until a few weeks back when my own daughter, who had just gotten a job as a server at another chain restaurant, made the same complaint. She had called to ask if we had any extra pens at our hous...

In the previous two posts I discussed a couple of company sponsored sales courses that I was required to take as part of my onboarding. One was focused on memorizing a sales pitch word for word with some extra emphasis on keeping a positive mental attitude. The other was nothing more than product training. Both of these companies had a lot of turnover, which meant that they needed to constantly hire new agents as the previous agents would quit just as quickly.  With this in mind, I would be remiss if I did not discuss one of the better sales courses. This sales class was with a very large life insurance company (I'll call them ABC) and was more comprehensive than the others. In my mind, the larger the class, the more turnover the company had. And as we have seen, more turnover means less successful sales people. Our class at ABC only had about a dozen of us, so that seemed promising.  One of the first things they mentioned was that only about 15% of the applicants had made it ...

As mentioned in the previous post I have worked with a lot of different companies over the years, and a few had a sales training course which I was required to attend. The one I discussed earlier focused on memorizing a sales pitch word for word and indoctrinating the class into a "cult" of positive mental attitude (PMA). I think the latter was because their product was so horrible we had to keep a plastered smile on our faces while trying to sell it. About 15 years later I went to work for another insurance company which had a completely different approach to their training. All they taught us for a solid week was their products, which were okay, but made the training meaningless since we weren't given much other pertinent information.  Imagine I gave you a toolbox and said, "This is all you need. Now get out there and build me a house!" If you had no construction experience, you wouldn't know which tools were appropriate, how to plumb pipes, saw wood, when...

As I have mentioned in my book, we all are selling something. Whether you are selling cars, books, workshops, financial services, real estate, or even yourself (see: applying for a job), we are at some point trying to sell something. My definition of sales is trying to get someone to do something, right now, that they could do later or don't want to do at all.  That all sounds pretty opaque, so let me give an example. Let's say that Mary needs a new car, but she's been putting off the purchase for various reasons. She shows up at your lot "just to see what prices are like these days". Mary honestly has no intention of purchasing a vehicle, but thinks she is doing research.  First off, Mary could be doing this on the internet, but Mary is old school. By showing up on the lot, we can assume that she is interested in a car, even though she says that "now isn't a good time." Sorry Mary, but you should know that you have walked into a den full of closers....

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...

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...

We all have a specific market that we would like to aim our attention to, be it business owners, single moms, realtors, or some other group of people. For me, as an example, I prefer working with small business owners, but I also do a lot of work with realtors. I didn't go looking for them, but we just have so many realtors in my area that it couldn't be helped. There are times, however, when you find yourself working in a totally different market, That's fine because in the end a sale is a sale. I'm not going to turn away business because the client was not in my business plan. And neither should you. When you do have someone approach you that you had not planned on helping, it's important to remember they may have different needs and budgets than what you are used to. Your usual banter may not be applicable or appropriate when talking to a new group of clients either. A good example of this is when I recently found myself getting referred to several school employe...

One of the most important life lessons I've shared with people is to know when to shut up. Seriously, people talk entirely too much. They want to share their opinions, political beliefs, recipes and personal drama because they either think that others want to hear this or that we need their valuable information.  This happens in sales also. There are sales people who give out all kinds of information about their product or service, from the features of the product to the long list of names of satisfied customers. But there comes a point in the sales process when you have to stop selling and close. And when you close you need to stop talking.  When it comes to closing, there's an old sales adage that says, "The one who talks first loses." For example, let's say you have been working on a customer for about twenty minutes. Now it's time to close and you go with something like, "So what do you think? Would you like to start filling out the paperwork?" (...

For anyone who is a business owner, entrepreneur or otherwise in sales, you need to know people. Even if you haven't gotten your business going yet or if you are still in school, networking can pay off for you in spades. Getting your name out there and building relationships is one of the best ways to grow your business. How you do it is up to you, but making it part of your daily routine is of utmost importance. There are several reasons why you should be networking. The most obvious one is to get referrals. Word of mouth recommendations don't cost a penny but are so much more effective than paid advertising. Having someone in your corner as an advocate for you lets others know that you are trusted and good at your job.   Of course, it's important to make sure that the person speaking on your behalf has a good network to refer you to. Sure, it's great to meet the new person in town, but if they don't know anyone their recommendations of you will be limited.  Then t...

Let's face it, when it comes to selling products and services to people, not everyone is going to be happy. Our job is to make sure that people are satisfied with their purchase, but there are those people out there who, know matter what you do for them, will never be pleased. The root of all of this is the adage that says "The customer is always right." We know that this is not the case. Telling people they are wrong or "misinformed" is hard to do, especially when the customer sincerely believes they are right. When I sell insurance I go over a lot of information, maybe too much. That is part of the job because the majority of my clients really are not insurance experts. They know what they have been told by their family or friends.  For instance, I had a grown man, probably in his 40's, who only bought whole life insurance because "that's what my father bought". We did the math and figured out how much coverage he needed. When I looked at his...