Posts Tagged ‘leadership speaker’

What People Buy The Most Of

 

 

With Facebook opening up today on the markets looking to capture over $100 Billion, you probably think that is the most sought after product or service in the world.  But it is not.

The most sought after product or service are those that provide one thing and one thing only…. HOPE!

That’s right, hope!

  • Hope that this product or service can make our lives better.
  • Hope that we can make a lot of money with Facebook.
  • Hope that this vacation will provide us with the necessary relaxation, downtime and ability to reconnect with family.
  • Hope that this pill will cure our disease
  • Hope that this exercise will help flatten our stomachs
  • Hope that the perfume we wear will attract others to us
  • Hope that the clothes we wear will make us look good

You get the point.  The word HOPE defines our wish and need to increase our lot in life, make things better and remove pain.

For if there is no hope, will anyone ever buy your products or services?

If you accept this premise, then is your messaging talking about the outcomes and hope your products and services provide?

Learn the questions you need to ask to find out the hopes of your customers and those you serve!

How To Get Out of a Bad Mood

Paul Dominguez, a friend and mentor, always tells me to stay in communication.  What he means by that is if we are not talking to others for an extended period of time, we are susceptible to our own negative thoughts and assumptions.

Want to get out of a bad mood, call someone up and talk to them about anything, even the situation that has soured your mood.  Just getting things off our chest will lighten your mood.  Often the conversation will provide different angles on the situation and one will see light at the end of the tunnel. At the very least, you will be freed from inaction and able to move forward.

Just lost a deal, don’t withdraw and go home.  Call a colleague and share the experience and you will find it is not that bad after all.

Not sure what to do about a situation, call a trusted friend and speak about it.  The conversation will lead to new ideas you will never have thought of on your own.

Not sure how to deal with a lousy coach or boss, talk to a friend or family member.  Vent your feelings and then, most importantly, be open to the responses you are receiving which could lead to a breakthrough.

Sometimes, we just want to talk without hearing advice.  We just want to vent.  As the listener, make sure you know what the “story teller” wants from you.  Listening without advice is all it takes sometimes to help someone out of a bad mood.

If the “story teller” wants advice, then give it.  Just make sure you are relaying it to their situation and while showing empathy and understanding.

It’s true people don’t want to hear others always complaining.  So make sure you are not complaining to the same person all the time.  Otherwise that person will consider you a downer and will stop taking your calls.

You should always try and have a personal conversation in your head to help get you out of the bad mood.  It’s better if you can do it by yourself.  But, if for some reason you are stuck, GET IN COMMUNICATION!!!  Otherwise, you will waste precious time and energy you will never get back.

There are other tools you can use too.  Exercise, humor, Yoga, etc.  Whatever you use, each is a form of communication in getting out your feelings and frustration and moving on.

Smile :) Life is just a game.  Learn to play the game and enjoy the journey.  You really do have a lot to be grateful for.

A Good Manager is Not Necessarily a Good Leader

 

 

 

Many people mistake being a good manager for being a good leader.  Managing is only one of three core responsibilities a leader needs to have in order to succeed.  They are:

  1. Critical Thinker- ability to remove emotion and think of all alternatives and options on how to move a department, organization, project or sale forward.  Ability to solve problems and maintain a leadership position in the marketplace.
  2. Manager-ability to execute processes properly to achieve desired results.  This includes staffing and scheduling.
  3. Coach – ability to get things done through others. Understand individual’s strengths and weaknesses and create environment to get the most out of each individual.  Coaching is not about changing people.  Leaders create opportunities and environments for success.  Individuals must want to personally succeed and do whatever it takes.

If a leader can excel in these three areas, there is a good probably they have the 7 traits of a great leader outlined in the book Lead, Sell or Get Out of the Way.

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Simple Truth On How to Double Your Sales Now

The secret to doubling your sales is what I call the simple truth of selling.  Selling is not about show and tell, where you regurgitate all of your features and benefits hoping that one of your points will motivate a customer to buy.

Rather, the simple truth is simply asking the customer about the results (outcomes) he is looking for.  Clarifying her answers to make sure what she is saying is similar to your impression and avoiding false assumptions.  Follow that up by asking what’s at stake in terms of success if the product/service does or does not work according to spec.

Then, and only then, respond with the key features and benefits that speak to the issues the customer has just provided and close the deal.

It’s that simple.  The simple truth is that people buy for their reasons, not yours.  So stop making it too difficult and find out what the customer is looking for provide the right solution.

Keeping it simple will help you sell more in less time, increase your closing ratio and increase your level of satisfaction/fulfillment in your career.

Click Here for more ideas on how to double, triple and quadruple your sales!!!

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Why Companies Are Needlessly Losing Business

Companies are losing the battle of sales and customer service because their reps are not trained in critical thinking.  Instead, they are loaded with scripts and computer programs on what to say next versus the next logical step one should take to help solve the problem and build customer loyalty.

The key to building any business is for customers to feel they are being heard and their needs are being met.  This is true for sales and customer service reps.  And you need to make sure it is being done on a consistent basis because one bad hiccup can erase all the good will you have previously established.

Here is an example.  A while back I was on my preferred airline where I had top tier status. I was one of their most profitable flyers.  The kind you want to take care of.  During a flight from Newark to Tucson on a first class ticket, word came down that the family needed to head to San Diego because my uncle was in the last stages of cancer.  Upon landing in Tucson and getting the message, I immediately called my airline and said I needed to change my return date and location due to a pending death in the family and I requested a bereavement fare.

The agent told me I did not qualify for a bereavement fare.  I asked why not.  The answer was because I already departed my point of origination.  I had to be in Newark at the time of the call.  I said, “You mean I am being penalized because I was not home at the time of the call?  Even when I was on your plane at the time on a first class ticket?”  I asked them what would it cost for the re-route. They said $40 if you fly back during the day and we would owe you $200 if you take the redeye.  I said why don’t you waive the $40 and get me back during the day.  They declined.

I responded that I cannot believe they are treating an executive platinum that way and the agent, get this, responded “I can’t believe you are trying to rewrite our fare codes”.  I was so angry I just hung up.

Next I called Southwest Airlines, an airline I have no relationship with, to get me from Tucson to San Diego. I started with the same explanation and the rep said “Mr. Karr, on behalf of Southwest Airlines, let me share how upset we are that you have to travel under these trying circumstances and we will do everything we can to make your journey as comfortable as possible.”  This is coming from an airline I hardly ever fly.  Then she goes on to say that because they have the lowest fares, they do not offer bereavement fares.

The way she acknowledged my pain, she could have charged me a couple of hundred dollars more and I would not have cared.

Imagine this.  The airline I had the most status with accused me of trying to re-write their fare codes and the airline I had the least status with was truly trying to be there for me, even if they couldn’t offer a bereavement fare.

Figuring the call with “my airline of choice” had to be an aberration (I did get great service in the past), I decided to try again.  And wouldn’t you know it?  I got into the same exact argument word for word.

Fast forward six months later.  I am sitting on a plane “my airline of choice” and next to me was a young lady and we started talking.  I asked her what she did for a living and she said she worked in reservations for “my airline of choice” in LA.  She got my attention.  I explained what happened and she started laughing.  She said all that happened was the second agent simply read the notes of the first call entered into the computer by the first agent.

All that happened was the agent simply read the notes?  WRONG!!! All that happened was this incident, plus a few others like it, wiped out all the great customer experiences I had on that airline and led to my avoiding them like the plague.  And now that airline is in bankruptcy.

We have to stop training reps in customer service and sales on how to read scripts and teach them critical thinking.  They have to adapt to situations and respond appropriately to customers.  Otherwise they will walk.  We have to train them on how to handle conflict resolution and make appropriate decisions that protect company assets while at the same time handle customers with great care.

I know there is a need to systematize processes to make sure people are doing things rights.  However, when you systematize things too much, you turn people into robots who are incapable of dealing with human emotions and solving problems real time.

How much do you think “my airline of choice” lost in annual revenue because I don’t fly them anymore?  A lot!  And how many people do think are out there like me?  A lot!

What companies need to understand is you don’t need to worry about those who complain.  You should worry more about those who don’t complain and voice their concern by leaving, just like I eventually did.

Click Here for more ideas on how to double, triple and quadruple your sales!!!

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How Leaders and Sales People Make Lasting Impacts

The other day I came home and my 17 year old daughter said she can not get me out of her head.  I asked her what she was talking about.  She said “every time I procrastinate or think about a task I either don’t want to do or find it hard to do, your words ‘Mind over Matter’ (if you don’t mind, it don’t matter) keep popping up in my head and I clearly see your face.”  She then smiled and screamed “I can’t get you out of my mind.  Help me!!!!!!”

That was the moment I was waiting for my whole life— getting validation that I truly am making a difference in my daughter’s life.  It’s what we all strive for with our employees, customers, family and friends – making a difference and knowing your words of advice are being heard and being acted on.

There are 7 keys to creating lasting impacts in the lives of others:

  1. Accept People for Who They Are— We are all different and therefore we look at things differently and have different aspirations.  Stop trying to make people do things the way you do them.  Accept them for who they are and guide them with your expertise so they can flourish in their own way.
  2. Relate to People—People don’t do things because they are told to do it.  They do things because they feel it will help them.  Relating to others is sharing ideas in the context of how it will help them.  Stop talking about your reasons as to why they should do things.
  3. Acknowledge Successes—It is very important to tell people you love them and that you appreciate them and their efforts. We all need to hear this and when we do, our minds become open to new ideas.  We are motivated to reach new heights.  Acknowledge successes and never, ever follow that up with a criticism.  Otherwise you just eliminated the good feelings associated with the success.
  4. Personal Accountability—- It is very important to hold each other accountable for our promises and actions.  Holding people accountable is not being mean.  It simply is a method for not letting others allow excuses to get in the way of achieving results.  Excuses are man’s best friend in providing comfort and reasons as to why we could not do certain things.   Results, not excuses, are what produce a fulfilling and happy life.  Let’s not become enablers for failure.  Let’s help enable others to be the best they can be.
  5. Listening—Sometimes our role needs to simply be a listener.  Letting people we care about vent their feelings and frustrations.  Sometimes all people need is just to be heard and not told what to do.  Having a safe source to unload one’s burdens is critical in order to free up both physical and mental energy necessary to create better results in our lives.
  6. Encourage People to Fail—-Failure is a critical element for success.  We learn from our mistakes.  In fact all successful people fail more than they succeed.  A .300 hitter batter in baseball gets only 3 hits in 10 at bats, but is considered a superstar and makes millions of dollars. Allow people to fail.  Encourage them to fail.  I value those who fail more than those who do not fail because they are afraid to do anything that doesn’t work out.
  7. Learn from Mistakes—As leaders, we need to help those who depend on our guidance to learn from their mistakes and figure out how to do things better.  Critical in this initiative is not you telling them what to do.  But rather listening to their thought process on how they will go forward.  Leaders don’t manage actions.  They coach thought processes.  They look at how people think, identify gaps in the thinking process that need to be addressed and then help with those gaps.  This is what a leader does for long-term growth and success.

These are the seven keys I use to make a difference in my daughter’s life and with those who depend on me.  Life is about achieving and giving back to others so we can all achieve.

Click here for more tips, strategies and ideas on how to impact and influence others

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The Shortest Road to Success

If you are seeking ways to become more successful, you have to eliminate the concept of becoming and act like you are there already.

The key to achieving success is acting like you have achieved it.  If you want to be a top producer, you must act like one.  Do the things top producers do, think like they do and have the same expectations.

Acting like a top producer means having the confidence and belief that you belong at this level of success.  You engage people in conversations that top producers have.  They are not self-serving conversations.  They are genuine attempts to get to know people and figure out how to best serve them.  Top producers know it’s not always about them.  They know the key to their success is helping others achieve their success goals.  Helping people get to where they want to go will pay more in return than you could ever imagine.

What do top producers do?  They plan, act and think strategically.  They don’t waste time with actions that do not lead to their desired results.  They make sure there is a proper return on investment for their time and other resources. They are not looking to meet minimum expectations.  They are looking to lead the pack and stay on top.  They make sure that all actions support their purpose in life.

What are the expectations of top producers?  First, they always go into situations with the belief that failure is not an option.  Even if they do not have the answers up front, they don’t let that stop them.  They continue to think about the outcomes they want to produce and figure out how to make it happen. They hold themselves accountable and will do whatever it takes to succeed.  If they realize success is not possible, they fold those cards and move on to new situations.  Being successful means you need to know when to fold as well as being tenacious.

Here is the bottom line:  You want to succeed, stop thinking about how you are going to do it and start living the life of a successful person.

Click here for 5 Beliefs of Successful People 

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It’s the Experience That Sells

Let’s face facts. Steve Jobs was a genius when it came to developing the Apple Store.  It is an experience just going into one of the Apple Stores regardless if you buy anything.

Besides dazzling displays of their products on tables throughout the stores, they use their own products to move the sales process along and thereby demonstrate their capabilities.  A genius strategy!

          1. IPADs are used to provide product information and specs, not paper
          2. IPHONES are used to process orders and send email receipts.  No cash registers
          3. There are loads of personnel available to help you select products, train you on using the products and trouble shoot problems
          4. You have the choice of making an appointment or showing up

If you look at Apple’s products and stores, it is all about the customer experience.  What’s the experience you are providing for your customers?  If you are not sure, hire a private shopper to rate it for you.  Bottom line, we cannot be in the dark as to how our customers value their experience in doing business with us.

In fact, we probably do know what the experience is like based on our sales revenues.  If revenues are up, the experience is likely good. If referrals are up, that is an indication that the experience is good.  If both of these metrics are down, you need to do some investigating.

Even if your revenues are up, you still want to evaluate the experience because you may be leaving money on the table that is not necessary.

Bottom line, customers don’t buy products or services.  They buy experiences and outcomes.  The products and services are how the experience and outcomes are delivered.  If the experience is like all others, you are a commodity.  If the experience is less than industry standards, you are losing business.

Your goal is to create experiences that no one else is providing.  Like Apple!  For only then will there be little to no competition

Driving Out Fear to Close More Business

My driver of 15 years was taking me to the airport today and he asked me a question:

“The place I was living in I have to move out of because they are selling the building.  I really felt comfortable and I fear I won’t be as comfortable in a new place.  I do not like change.  How would you handle it?”

I said great question.  Then I asked him what is his worst fear about the situation?  He answered not feeling comfortable in the new place.  I then proceeded to say let’s suppose your worst fear comes true and you are not comfortable, do you die?  He said no.  I asked him do you lose all your money?  He said no.  I asked him do you lose your friends, family, job, etc?  He said no.   Then I asked him the ultimate question.

“If you are in no worse shape other than having moved to the wrong place, what’s the issue?”  He started laughing and said you’re right. I simply move again.  All of a sudden he felt better and was now free to move ahead and make a decision on where he was going to move.

You see, fear often clouds our judgment.  It blows up issues in our mind to levels of importance that are not called for.  And all of a sudden we stop thinking and are trapped in a state of fear that leaves us paralyzed from taking actions and enjoying life.

Customers do this all the time to sales people.  They say they have a reason why they can’t buy from you.  They have blown that reason up into such an issue that it is a deal killer.  Salespeople then make the fatal mistake and try to convince the customer their issue it not an issue at all, especially when they cannot address the issue.  This tactic simply elevates the importance of the issue to a higher level.  The customer digs in.

To help customers with their fear, you need to acknowledge the issue and then have them state the other issues that in play in this decision.  Then you ask the customer the following:

“If this issue (call it security) is very important, how much weight do you give it if your decision represent 100%?”  The customer will probably say it weighs about 80%.

Now you move on to the next issue:  Quality.  Ask them how important quality is and they will say something like 70%.  Even the new math does not support an equation of 70% (quality) plus (security) 80% equaling 100%.  You ask the customer to readjust his weights and security, the deal killer at 80%, will come down to say 60% with quality now weighing in at 40%.

But there still are other issues.  You keep doing the same process until you address all issues.

The result:  Security which, a deal killer at 80%, is often brought down to 30% of importance or less.  People are rarely 100% satisfied with their purchase.  They may think the price is too high, etc.  Get it down to 30% or less, you have a shot at the deal.

I have developed this process and used it with my clients and their sales have soared as a result.  You can read more about in Lead, Sell or Get Out of the Way.  It works like a charm. And the biggest value is the customer feels in control because they are making all the decisions and its their numbers they are using.

Here is the bottom line.  Just like my driver, customers have reasons why they can’t do business with you, just like my driver had reasons why he didn’t want to move.  When you take a customer, colleague, employee, family member, or friend, through a process where they can put all of their issues on the table and see for themselves how important each issue is in relation to the overall decision, you can often diffuse an issue you cannot address.

Don’t fight the issue.  Diffuse it!  Don’t let fear stop you or your customers from moving forward!

This is what leaders do.   They help people navigate issues to make sure they are making the right decisions.  Act like a leader and your influence will skyrocket and so will your business.

Using Your Blind Side to Grow Your Business

In the movie The Blind Side, Sandra Bulllock plays the part of a wealthy woman who takes in a homeless young man (Michael Oher) who goes on to become an NFL Star.  In the movie, Michael tries out for the high school football team and struggles a great deal.

Michael is a young man in a big body.  The coaches expect him to be a star football player right off the bat without ever having played the game.  They are frustrated when he keeps screwing up because of his lack of knowledge of the game and blocking skills necessary to succeed.

Frustrated one day, Sandra is at practice and tells the coach to hold up a minute.  She found out from the high school guidance counselor that while Michael scores were at the lower end on most metrics, he scored in the highest percentile (98%) in protective instincts.  Meaning he is an individual you can trust to watch your back and protect you.

Sandra immediately pulls Michael by the shoulder pads and tells him to consider his quarterback, full back and all the other players on his team to be his family.  That the other team is looking to hurt his family.  And his job is to protect them and make sure no one lays a hand on the player with the ball.

On the very next play Michael protects “his family” and goes on to become an NFL Star.

Here is the point.  All of us are not equal.  If you are a manager coaching every player on your team in skill development using the same techniques and same motivation for everyone, you are not going to get optimal performance from every player.  You must understand each individual’s character and make-up.  Your must coach to each player’s strength and potential.

The same holds true in sales.  Every buyer has a different make-up and makes decisions based on their individual behavioral styles, motivators and experiences.  You cannot present your offering the same way to all of your customers.  You must customize it to their personal traits and needs.

Look for the Blind Side in your customers and employees.  You will see your success skyrocket!