Thursday, September 15, 2011

Repost: Mount Everest



Last night, I woke up early because of my jetlag.
Around 3.15 am it occurred to me (the weirdest thoughts come up at night) that getting started in sales has some similarities with climbing the Mount Everest.

A couple of months ago, my good friend Marco Hoogerland (an amazing mental coach for top athletes, including top-notch football players, world and european champions and olympic athletes) hosted an evening event with Robert de Vries.

Robert de Vries is a Dutch climber, and one of few men that has endured the severities of reaching the top of Mount Everest, the highest mountain on earth.
Robert presented his movie to the in-crowd, accompanied by stories and many questions of the dazzled audience. What an unbelievable performance - I was stunned by his humbling and riveting story.

It also occurred to me that you have to be somewhat crazy/selfish to reach the absolute top.
Many things have to be left behind (sometimes even relationships with loved ones) to achieve the goals at hand. I am not saying anyone should.

I am just saying that my observation of the journey and end-line to these unbelievable achievements seem to have some commonly shared factors:

Dedication, focus, taking risk, preparation, training, endurance, persistance, triomph, glory, and hardship. It doesn't come for free...

It seemed to me that getting started in full-commissioned sales is somewhat like climbing (albeit more comfortable perhaps).

Sales isn't easy...
You can see the top, but have no idea (yet) how to get there.

Considering the following:
- No gear when starting (job knowlegde, product knowledge, industry knowlegde)
- Some are already trained when they start, some aren't.
Trained (experienced) people may have an advantage to reach the top sooner, but it may also hinder them in a way, because they might think they know it all and get reckless/careless while climbing is dangerous.
- You earn your climbing gear (product/job/industry knowledge) along the way, as you proceed through the basecamps.
- Some will fall or go back
- Some get stuck in snow storms and have to wait a while and watch weather conditions before they can proceed to the next camp.
- It is hard work, no matter how experienced you are - you will still have to walk the walk.
- You need your co-climbers, so be a good colleague
- It's great at the top, but anything below doesn't satisfy your dreams, so you may have to endure dissatisfaction, or disappointment when things aren't going as smooth as you had hoped for.
- Getting to the top may not be fun, but there's no easy way there. You have to pass through all basecamps
- Sherpa's (mgmt? finance? administrative colleagues?) can do a lot of the work, but you will still have to climb yourself.
- If your goal is to reach the top, you can't stop when others are not making it.


So:
- Prepare (create prospect lists, organize your approach, create a plan, work the plan)
- Train (read, learn, ask, look around, copy, whatever makes you improve)
- Focus on your goal (top of the ranks)
- Be lead by the leader (pick your example)
- Persist (be relentless)

Dream about the impossible becoming possible by putting the first step in the right direction

Don't let yourself down

Be tough when it gets tough

Take the hardships like a man: it comes with the journey

Celebrate the basecamps, so you can enjoy the journey too

Learn from the winners, not the whiners.





If this doesn't make sense to you: it was late ;-)

Enjoy

[ This is a reposted message from 2008 on www.salesguru.nl]

Monday, August 29, 2011

Are Top Salespeople Born or Made?

Article from Harvard Business Review by Steve W. Martin

My last post on the "Seven Personality Traits of Top Salespeople" was based on personality tests administered to 1,000 top business-to-business salespeople. The test results indicate that key personality traits directly influence top performers' selling styles, and, in turn, their success. However, the study also raises the perennial question, "Are top salespeople born or made?" In other words, must top salespeople be born with the prerequisite sales instincts, or can someone learn to become successful in sales without them?

Based upon my research, experience, and observations, I estimate over 70 percent of top salespeople are born with "natural" instincts that play a critical role in determining their sales success. Conversely, less than 30 percent of top salespeople are self-made — meaning, they have had to learn how to become top salespeople without the benefit of these natural abilities. In addition, for every 100 people who enter sales without natural sales traits, 40 percent will fail or quit, 40 percent will perform at near average, and only 20 percent will be above average (These figures vary by industry and the complexity of products sold).

Based on the figures above, the real question that should be asked is, "What determines whether or not a self-made salesperson will become successful?" While it's easy to recite a laundry list of general reasons for success (hard work, persistence, intelligence, integrity, empathy, etc.), my experience in the field and the research I've conducted indicates four key factors that determine the self-made salesperson's destiny. They are language specialization, "modeling" of experiences, political acumen, and greed.

Language Specialization
The first differentiating factor between the success or failure of the self-made salesperson is language specialization. While all competent salespeople can recite their product's features and business benefits, very few are mavens who can conduct intelligent conversations about the details of daily business operations. Every industry also has developed its own technical language to facilitate mutual understanding of terminology and an exact meaning of the words used throughout a business. The technical language consists of abbreviations, acronyms, business nomenclature, and specialized terms (for example RAM, CPU, and flash drive in the consumer electronics industry).

Successful self-made salespeople possess domain-area expertise and speak the corresponding business operations language, or have deep knowledge of the industry's technical language. These languages are the yardstick by which customers measure a salesperson's true value and greatly influence their purchase decisions. Lesser-performing self-made salespeople are not as fluent in these languages, so they tend to focus on likability and friendliness with prospective customers.

Modeling of Experiences
Modeling is the mind's ability to link like experiences and similar data into predictable patterns. Salespeople continually learn through the ongoing accumulation and consolidation of information from their sales calls and interactions with customers. From this knowledge base, salespeople can predict what will happen and what they should do in light of what they have done in the past.

Modeling can be thought of as the engine that drives sales intuition. For example, let's say a salesperson is asked by a skeptical, analytical, financial-oriented prospective customer how his product is different from his major competitor's. His answer would be based on previous experiences with similar circumstances. Modeling can be thought of as trying to find the what, when, where response — what you should do when you are in a particular circumstance where you have to act.

Successful self-made salespeople have an effective methodology to store and retrieve all the verbal, nonverbal, factual, and intuitive information that occurs during sales calls and sales cycles. This results in a greater proficiency to win business than less-successful self-made salespeople who do not learn from their past mistakes and instead repeat them.

Political Acumen
Unfortunately, many under-performing self-made salespeople take a textbook-type approach to sales and concentrate solely on the procedural aspects of the sales cycle. They don't take into account the human nature of sales and how people and politics determine the outcome.

Politics are based upon self-interests. Therefore, customers do not readily reveal the internal machinations of their decision-making. Political acumen is the ability to correctly map out each decision maker's influence and motivations. Successful self-made salespeople consider this their top priority. Political acumen drives winning account strategy whereas strategic planning without political acumen is a losing proposition.

Greed
We normally associate greed with a corrupt character or miserly scrooge. While this may be society's definition, in sales, "greed" takes on an entirely different meaning. In sales, greed and self-respect are closely intertwined. Greed can be thought of as the desire to be fairly paid for one's time. Time is a salesperson's enemy because time is finite. Time is the governor that determines how many deals can be worked and where effort should be focused. Salespeople are on a mission to learn the ultimate truth, "Will I win the deal?" Greed compels the successful self-made salespeople to push themselves beyond their comfort zone and ask difficult qualifying questions while continually pushing for the close. Conversely, the lesser successful self-made salespeople do not possess this inward drive.

...

Are top salespeople born or made? The true answer is that the overwhelming majority of top salespeople are gifted with innate talents. However, many others are self-made successes who have learned how to apply their language specialization and build their intuition. They know what accounts they should spend their time on and always navigate to powerful decision-makers in order to create the opportunity to persuade them to buy.

Thursday, July 14, 2011

Some physiology for your pleasure - Reticular Activating System

The Reticular Activating System

We can control what we focus on!

How? It's actually a physiological challenge.
Did you ever test-drive a car and notice while driving how many people seem to be driving the same car all of a sudden? Isn't that weird? Why didn't we notice before?

Imagine that you're walking through a busy and noisy airport passenger terminal.
Think of all the noise - hundreds of people talking, music, announcements, luggage carriers.
How much of this noise is brought to your attention? Not a lot.

True, you can hear a general background noise, but not many of us bother to listen to each individual sound. But then a new announcement comes over the public address system - saying your name or maybe your flight. Suddenly your attention is full on.

The automatic mechanism inside your brain that brings relevant information to your attention is our reticular activating system (RAS).

Your RAS is like a filter between your conscious mind and your subconscious mind. It takes instructions from your conscious mind and passes them on to your subconscious and vice versa. For example, the instruction might be, "listen out for anyone saying my name".

Our brain subconsciously receives about a million pieces of information per second from all of our 5 senses (visual, auditive, sensing etc). Many of these pieces of information are processed automatically. And we should be grateful for that .

Can you imagine having to think about breathing while being on the phone with a client?
It is obviously impossible to consciously process 1 MLN pieces of information per second.
We can - however - influence our RAS to raise awareness to certain things.

In fact, we can 'tell' our brain what to filter or what to focus on, just like you noticed the presence of the test-driven car all of a sudden - because you focused your brain on actively processing the image of the car.

The RAS is composed of several neuronal circuits connecting the brainstem to the cortex.
The neuronal circuits of the RAS are modulated by complex interactions between a few main neurotransmitters.

In doing so, the reticular activating system helps mediate transitions from relaxed wakefulness to periods of high attention. There is increased regional blood flow (presumably indicating an increased measure of neuronal activity) in the midbrain reticular formation (MRF) and thalamic intralaminar nuclei during tasks requiring increased alertness and attention.

So.. when we consciously focus on something, the RAS fires neurons to our brain raising its awareness to high attention.

There are some interesting points about your RAS that make it an essential tool for achieving goals.

Telling your brain to achieve your goals
First, you can deliberately program the reticular activating system by choosing the exact messages you send from your conscious mind. For example, you can set goals, or state affirmations, or visualize your goals.

Napoleon Hill said that we can achieve any realistic goal if we keep on thinking of that goal, and stop thinking any negative thoughts about it. Of course, if we keep thinking that we can't achieve a goal, our subconscious will help us NOT achieve it.

Second, your reticular activating system cannot distinguish between 'real events' and 'synthetic' reality. In other words it tends to believe whatever message you give it. Imagine that you're going to be giving a speech. You can practice giving that speech by visualizing it in your mind. This 'pretend' practice should improve your ability to give the speech.

What we need to do is to create a very specific picture of our goal in our conscious mind. The RAS will then pass this on to our subconscious - which will then help us achieve the goal. It does this by bringing to our attention all the relevant information which otherwise might have remained as 'background noise'.

In the sales process:
If you focus on buying signals, you might pick them up sooner in the conversation and better guide your conversation. Alternatively, you may be able to spot 'hidden' objections by actively monitoring behavior or non-verbal signs.

Just like visualization, your focused preparation of the conversation now helps to 'instruct' your RAS what to look for.


Ergo: visualize your goals and prepare your conversations well!





Happy selling!

Sincerely,

Stephan Derksen
www.salesguru.nl