Morgan Freeman's "Red" from Shawshank was worried.
He was, after all, a man you went to see when you needed things. He knew life outside the prison walls was very, very different. Paraphrasing, he mentioned "people can just open the Yellow Pages and get anything they need".
If you're an entrepreneur or in a pure new business development role, it's hard not to feel like Ellis "Red" Redding sometimes. Even compared to 10 years ago, buyers can make a few phone calls and- by the time they get back from the restroom- have a dozen vendors doing synchronized cartwheels in the lobby.
Your job as the entrepreneur or salesperson becomes to either create unmanifested demand or consistently find that needle in the haystack. And if your on someone's payroll and fail to do either quickly, you'll be off their payroll soon.
I've lived it for 20 years with all the requisite bumps and bruises.
People want results and they want them now.
Turnover in Sales dwarfs any other line of work I'm aware of. Sales happens to be the default career for many. That said, there are many bad salespeople out there and they, rightfully, are typically jettisoned quickly. There are also very talented marketing/sales people out there, with the singular ability to turn NOTHING into SOMETHING who would be much better served answering only to themselves.
Virtually every great entrepreneurial story speaks of the man or woman who were repeatability told by others that they- and everything they believed was right- didn't fit the formula or system.
Wednesday, February 25, 2009
Friday, February 6, 2009
That would include lots of money
All these years later, I still hold out a sliver of idealism that sours on the perceived corrupting power of money. But many ideals, like this one, can be like a child covering their own eyes, believing nobody can see them.
One thing is certain. Rich or poor, happy or miserable, your life will have its share of heartbreak and disappointment. There's not a person on the planet who is exempt....not even Justin Timberlake (I think).
And when these hiccups come cascading in, not having any money is like chewing on a Dorito with an abscessed tooth. You don't get a mulligan on your financial obligations when your dog dies, your teenage son accidentally drives your car into somebody's living room and your wife thinks the UPS Driver is not only adorable but a great listener.
People would probably like to care more about your problems but they are too busy with a mountain of their own.
You can get much further with a kind word and a gun than you can with just a kind word said, uber mobster Al Capone. Replace "gun" with "money" and you may not be Socrates you'll have fewer wrinkles on your forehead.
This comes from a guy who, when I win Powerball some time later this month, will not swim in luxury. I don't get a charge from it.
I've had enough money and grew up with close friends who shared their opulent surroundings and possessions with me. The only thing thrills and exotic adventures ensures is a metaphorical hangover and a need for more. You say you're shocked when you hear the rich and/or famous either take their own lives or drink and drug themselves to death?
I am envious of those few who LOVE what they do and never have to think about money.
I will encourage my own son to follow his proverbial bliss. But I will not tell him that money is the root of all evil but an elixir that can sometimes help when you need help real bad or allow you to indulge in whatever it is that blows your hair back and requires payment.
One thing is certain. Rich or poor, happy or miserable, your life will have its share of heartbreak and disappointment. There's not a person on the planet who is exempt....not even Justin Timberlake (I think).
And when these hiccups come cascading in, not having any money is like chewing on a Dorito with an abscessed tooth. You don't get a mulligan on your financial obligations when your dog dies, your teenage son accidentally drives your car into somebody's living room and your wife thinks the UPS Driver is not only adorable but a great listener.
People would probably like to care more about your problems but they are too busy with a mountain of their own.
You can get much further with a kind word and a gun than you can with just a kind word said, uber mobster Al Capone. Replace "gun" with "money" and you may not be Socrates you'll have fewer wrinkles on your forehead.
This comes from a guy who, when I win Powerball some time later this month, will not swim in luxury. I don't get a charge from it.
I've had enough money and grew up with close friends who shared their opulent surroundings and possessions with me. The only thing thrills and exotic adventures ensures is a metaphorical hangover and a need for more. You say you're shocked when you hear the rich and/or famous either take their own lives or drink and drug themselves to death?
I am envious of those few who LOVE what they do and never have to think about money.
I will encourage my own son to follow his proverbial bliss. But I will not tell him that money is the root of all evil but an elixir that can sometimes help when you need help real bad or allow you to indulge in whatever it is that blows your hair back and requires payment.
Wednesday, January 28, 2009
Leads, not Brand
If the name of the company you run happens to be Pepsi or IBM, possibly even Mercedes Benz or The Mayo Clinic, get your checkbook out because you're about to cut another one to make sure your brand is at least as good as it was yesterday.
If you're running a company that won't be discussed this evening on CNBC and you're spending money on marketing, that money better be coming back with some friends. I like to call these "friends" leads.
I have a tough time with the billions spent on branding though I can't deny every study shows when the Big Boys slash cash on branding, their sales goes down. Possibly I'm jaded for when I ran my spots for my multi-national/basement headquarters during Super Bowl 39, the only result I witnessed was a call from a guy named "Vance" in Fresno, telling me he might like to "maybe, ya know, talk and stuff...later in the year when things settle down..".
Seriously...
If your marketing doesn't generate leads that can be measured and managed, spend the money somewhere else. Spend it on the people who produce for your company, whether in their making your product, servicing your product or consistently selling your product.
If you're running a company that won't be discussed this evening on CNBC and you're spending money on marketing, that money better be coming back with some friends. I like to call these "friends" leads.
I have a tough time with the billions spent on branding though I can't deny every study shows when the Big Boys slash cash on branding, their sales goes down. Possibly I'm jaded for when I ran my spots for my multi-national/basement headquarters during Super Bowl 39, the only result I witnessed was a call from a guy named "Vance" in Fresno, telling me he might like to "maybe, ya know, talk and stuff...later in the year when things settle down..".
Seriously...
If your marketing doesn't generate leads that can be measured and managed, spend the money somewhere else. Spend it on the people who produce for your company, whether in their making your product, servicing your product or consistently selling your product.
Wednesday, January 21, 2009
Selling to Strangers
This anecdote has a happy ending, so sit tight for a moment.
If cold calling strangers in the middle of the work day is what you do or ARE TOLD TO DO to "generate leads", you better pack a good-sized lunch.
I have made thousands and thousands of these types of calls through the years because I was told if I didn't, I would be escorted out the door. Good grief.
For the record, my voice projects very well, I speak clearly, am very effective with cadence, intonation and can make the guards at Buckingham Palace laugh. That said, if you set up a contest between myself and, say, a reasonably intelligent cocker spaniel that speaks English, and asked us to make 5,000 essentially random cold calls to sell widgets, I would win the contest...but BARELY.
We would each, by pure luck, get about the same number of live decision-makers on the phone who happen to need widgets that day or very soon(Grand Total:not many). I would win, however, because in that 2 second window after they say "hello", I would fare much better. My opponent would likely be engaging in some unsavory personal hygiene at all the wrong times so I'd take home the steak knives.
Bottom line: I lose, the dog loses and the business loses because it is a terrible way to sell products or services. It also completely destroys the morale of even the good people you may hire because EVERYBODY has a finite amount of arrows they can take in the face. People have their breaking points, robots do not. (Speaking of robots, the guy who played "The Robot" in Lost in Space, Bob May, died three days ago. That one hurts. It was like the day we lost Brando AND Don Corleone.)
So, as a business, what do you do? I am in complete agreement that we must connect with a significant amount of buyers to sell anything...and that includes using the telephone...alot.
(An aside:I am a HUGE proponent of clever guerrilla marketing. On short money, I have made it work more than once. You ask how? See above re: Buckingham Palace.)
So, if I'm on your payroll, we need to be reaching out to prospective customers who don't know me or our company in relatively large numbers, ideally in concert with a cost-effective guerrilla marketing program that is demonstratively working.
Here's the good stuff: I will be connecting with prospective buyers every day who don't know me BUT THEY THINK THEY DO (and there is not an iota of deception at work here). That's what I do; that's what I teach.
How's that work?
I get paid not only for results but what I know. I could put the whole program in print, right here, and know that people would read it, think "hey..that's a good idea" and then NEVER DO IT. They'd go right back to doing what they do...and that's just fine, if it works.
If the phone is not ringing (and I know for many, it's not), somebody better figure it out.
If cold calling strangers in the middle of the work day is what you do or ARE TOLD TO DO to "generate leads", you better pack a good-sized lunch.
I have made thousands and thousands of these types of calls through the years because I was told if I didn't, I would be escorted out the door. Good grief.
For the record, my voice projects very well, I speak clearly, am very effective with cadence, intonation and can make the guards at Buckingham Palace laugh. That said, if you set up a contest between myself and, say, a reasonably intelligent cocker spaniel that speaks English, and asked us to make 5,000 essentially random cold calls to sell widgets, I would win the contest...but BARELY.
We would each, by pure luck, get about the same number of live decision-makers on the phone who happen to need widgets that day or very soon(Grand Total:not many). I would win, however, because in that 2 second window after they say "hello", I would fare much better. My opponent would likely be engaging in some unsavory personal hygiene at all the wrong times so I'd take home the steak knives.
Bottom line: I lose, the dog loses and the business loses because it is a terrible way to sell products or services. It also completely destroys the morale of even the good people you may hire because EVERYBODY has a finite amount of arrows they can take in the face. People have their breaking points, robots do not. (Speaking of robots, the guy who played "The Robot" in Lost in Space, Bob May, died three days ago. That one hurts. It was like the day we lost Brando AND Don Corleone.)
So, as a business, what do you do? I am in complete agreement that we must connect with a significant amount of buyers to sell anything...and that includes using the telephone...alot.
(An aside:I am a HUGE proponent of clever guerrilla marketing. On short money, I have made it work more than once. You ask how? See above re: Buckingham Palace.)
So, if I'm on your payroll, we need to be reaching out to prospective customers who don't know me or our company in relatively large numbers, ideally in concert with a cost-effective guerrilla marketing program that is demonstratively working.
Here's the good stuff: I will be connecting with prospective buyers every day who don't know me BUT THEY THINK THEY DO (and there is not an iota of deception at work here). That's what I do; that's what I teach.
How's that work?
I get paid not only for results but what I know. I could put the whole program in print, right here, and know that people would read it, think "hey..that's a good idea" and then NEVER DO IT. They'd go right back to doing what they do...and that's just fine, if it works.
If the phone is not ringing (and I know for many, it's not), somebody better figure it out.
Wednesday, December 31, 2008
Like Sand Through The Hourglass...
These are the days/daze of my life.. (My knowledge of daytime soap operas start and stop with that tagline. I swear.)
In fifth grade, I acquired my first library card. I recall seeing the expiration date: it read "1978". I thought "Why even bother put a date that is so far away?". It was 1975 and, to me, 1978 might has well been a date in which the world became a 24/7 scene from the film Blade Runner. It was just so flippin' far away.
Tomorrow will be 2009 and I've pretty much resigned myself to the fact that, by mid-week next week, the year will be 2033.
Of all the Mark Twain-isms, Youth is Wasted on the Young might be his most profound. I can say that now I've reached the age where I have hair sprouting out of places that I didn't even know I had body parts.
What a great gig he had, by the way. Writing stories, wearing strange hats, growing and grooming his shag-carpet mustache and rattling off aphorisms so memorable that they still regularly appear in blogs read by millions. Or, in this case, blogs written by me and read by a guy named "Ernie" who lives in Pigsknuckle, Maine.
Back to the passage of time.
Today would be an excellent day for me to stop and smell the proverbial roses. Unfortunately, I live in New Hampshire where a rose garden lives about as long as a fruit fly. For those of you unfamiliar with the lifespan of a fruitfly, their existence is about as long as a sneezing fit.
Maybe I'll go smell one of the estimated 1,298 scented Yankee Candles my wife bought in 2008. I think we have one that's called "Fresh Linen" that, according to Internet scuttlebutt, smells eerily similar to the freshly-washed white linen suits that Mark Twain used to wear while thinking up clever homilies about linen or the film Blade Runner, which he wrote the original screenplay.
In fifth grade, I acquired my first library card. I recall seeing the expiration date: it read "1978". I thought "Why even bother put a date that is so far away?". It was 1975 and, to me, 1978 might has well been a date in which the world became a 24/7 scene from the film Blade Runner. It was just so flippin' far away.
Tomorrow will be 2009 and I've pretty much resigned myself to the fact that, by mid-week next week, the year will be 2033.
Of all the Mark Twain-isms, Youth is Wasted on the Young might be his most profound. I can say that now I've reached the age where I have hair sprouting out of places that I didn't even know I had body parts.
What a great gig he had, by the way. Writing stories, wearing strange hats, growing and grooming his shag-carpet mustache and rattling off aphorisms so memorable that they still regularly appear in blogs read by millions. Or, in this case, blogs written by me and read by a guy named "Ernie" who lives in Pigsknuckle, Maine.
Back to the passage of time.
Today would be an excellent day for me to stop and smell the proverbial roses. Unfortunately, I live in New Hampshire where a rose garden lives about as long as a fruit fly. For those of you unfamiliar with the lifespan of a fruitfly, their existence is about as long as a sneezing fit.
Maybe I'll go smell one of the estimated 1,298 scented Yankee Candles my wife bought in 2008. I think we have one that's called "Fresh Linen" that, according to Internet scuttlebutt, smells eerily similar to the freshly-washed white linen suits that Mark Twain used to wear while thinking up clever homilies about linen or the film Blade Runner, which he wrote the original screenplay.
Wednesday, November 12, 2008
Have you folks decided?
Yes, my friendly waiter wearing a powder blue tuxedo, we have decided we would like at least two more rounds of beverages before we start grazing on food.
But seriously...
People are terrified of making decisions- especially making the wrong decision.
But often it's any decision at all. A guy I like who writes about business and marketing uses a parable about a bunch of salesguys at the watercooler just before lunchtime. They decide they want to go out to lunch.
Twenty-five minutes later, these banana brains ARE STILL TRYING TO DECIDE where they are going to eat!! Are you kidding me?? Nobody can make a freakin' decision!! And these are the people PAID to get others to make decisions.
This same writer makes an excellent suggestion.
If you do this for a living, selling that is, do the following. When you're speaking with the decision-maker early in the game, tell them if you two do the dance together and move this thing WAY along, let them specifically know subsequent to the (insert sales cycle moment here...proof of concept with the CFO there, whatever) tell Mr. Decision-maker that, if you get that far, you are going to ask him for the business. Boom.
No surprises. They know it's coming. And, at this juncture, you have WAY earned the right to ask. Then try to figure out where you want to go to lunch.
But seriously...
People are terrified of making decisions- especially making the wrong decision.
But often it's any decision at all. A guy I like who writes about business and marketing uses a parable about a bunch of salesguys at the watercooler just before lunchtime. They decide they want to go out to lunch.
Twenty-five minutes later, these banana brains ARE STILL TRYING TO DECIDE where they are going to eat!! Are you kidding me?? Nobody can make a freakin' decision!! And these are the people PAID to get others to make decisions.
This same writer makes an excellent suggestion.
If you do this for a living, selling that is, do the following. When you're speaking with the decision-maker early in the game, tell them if you two do the dance together and move this thing WAY along, let them specifically know subsequent to the (insert sales cycle moment here...proof of concept with the CFO there, whatever) tell Mr. Decision-maker that, if you get that far, you are going to ask him for the business. Boom.
No surprises. They know it's coming. And, at this juncture, you have WAY earned the right to ask. Then try to figure out where you want to go to lunch.
Wednesday, October 29, 2008
Greasy Eddie’s Software
As the old expression goes, “you don’t fired for buying Greasy Eddie’s Identity Management Software”. Or was it you don’t get fired for buying IBM?
Doesn’t matter. I can make my point just as easy either way.
People are going to buy what best serves their self interest. In this case, their self interest is often don’t screw this up, Wilbur!!
Employers often hire new people in sales to have access to their rolodex. It’s a good idea. We always prefer to deal with the devil that we know. But nobody with more than 42 brain cells is going to make a corporate or an individual buying decision because they think “that Timmy fella sure is a nice”.
In the case of buying corporate software, your contact at MegaHyperCorp won’t blow up what he’s already pregnant with because, you,“his friend” at Wile E. Coyote Corp (a wholly owned subsidiary of Acme).. well, he thinks you’re a swell guy and his boss thought your PowerPoint presentation was just delightful. They only way they’re buying your stuff is if they have a gaping hole in the roof, it’s raining anthrax spores and you’re selling Acme’s Instant Roof Hole Fix’er Upper (and the Acme product is compatible with their 3 million dollar investment in IMB infrastructure).
What if there are no pre-conditions to a sale happening? That’s great. That rolodex helps here, providing lubricant to that squeaky door that everyone keeps trying to push open.
But back to self-interest, because it’s highly relevant here also. Whether you’re incredibly kind and benevolent (like the Dalai Lama) or not (like Charles Manson), humans put their self-interest first. Always. This includes the guy who volunteers at the soup kitchen. He’s a nice guy, don’t get me wrong…a very nice guy. But a HUGE reason he does that volunteer work is because it makes him feel good to do good. That’s self interest being exercised in an enlightened way. If everyone consistently served even part of their self-interest in that manner, we’d all live in paradise. But most people’s laundry list of needs is highly tainted by trying to avoid pain, unpleasantness and just trying to avoid being disturbed.
It doesn’t make you a bad person, it’s the way 99.999% of the planet operates, including many very nice people. It’s a time-stamped trait super-glued on our DNA and, sometimes, it serves a purpose like keeping us alive. But usually we act in this manner because we are afraid. We are afraid of losing what we have, we are afraid of losing what we know. We don’t want any surprises; we want to be “secure”.
So, kids, what can we take from all this if our job is to sell things? Find the people who not only needs your stuff but won’t be constantly playing doomsday scenarios in their head. How do you do that? You ask them DIRECT questions in a polite, diplomatic yet firm way. Ask them to be truthful and assure them your feelings will not be hurt if they are unwilling or unable to legitimately consider what it is you hope they’ll consider.
Doesn’t matter. I can make my point just as easy either way.
People are going to buy what best serves their self interest. In this case, their self interest is often don’t screw this up, Wilbur!!
Employers often hire new people in sales to have access to their rolodex. It’s a good idea. We always prefer to deal with the devil that we know. But nobody with more than 42 brain cells is going to make a corporate or an individual buying decision because they think “that Timmy fella sure is a nice”.
In the case of buying corporate software, your contact at MegaHyperCorp won’t blow up what he’s already pregnant with because, you,“his friend” at Wile E. Coyote Corp (a wholly owned subsidiary of Acme).. well, he thinks you’re a swell guy and his boss thought your PowerPoint presentation was just delightful. They only way they’re buying your stuff is if they have a gaping hole in the roof, it’s raining anthrax spores and you’re selling Acme’s Instant Roof Hole Fix’er Upper (and the Acme product is compatible with their 3 million dollar investment in IMB infrastructure).
What if there are no pre-conditions to a sale happening? That’s great. That rolodex helps here, providing lubricant to that squeaky door that everyone keeps trying to push open.
But back to self-interest, because it’s highly relevant here also. Whether you’re incredibly kind and benevolent (like the Dalai Lama) or not (like Charles Manson), humans put their self-interest first. Always. This includes the guy who volunteers at the soup kitchen. He’s a nice guy, don’t get me wrong…a very nice guy. But a HUGE reason he does that volunteer work is because it makes him feel good to do good. That’s self interest being exercised in an enlightened way. If everyone consistently served even part of their self-interest in that manner, we’d all live in paradise. But most people’s laundry list of needs is highly tainted by trying to avoid pain, unpleasantness and just trying to avoid being disturbed.
It doesn’t make you a bad person, it’s the way 99.999% of the planet operates, including many very nice people. It’s a time-stamped trait super-glued on our DNA and, sometimes, it serves a purpose like keeping us alive. But usually we act in this manner because we are afraid. We are afraid of losing what we have, we are afraid of losing what we know. We don’t want any surprises; we want to be “secure”.
So, kids, what can we take from all this if our job is to sell things? Find the people who not only needs your stuff but won’t be constantly playing doomsday scenarios in their head. How do you do that? You ask them DIRECT questions in a polite, diplomatic yet firm way. Ask them to be truthful and assure them your feelings will not be hurt if they are unwilling or unable to legitimately consider what it is you hope they’ll consider.
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