Sales Tip # 7 – Be Honest!

Sales Tip # 7 – Be Honest!

People need to trust you before they buy from you.

I am planning a big event for September and I was shopping hotels ball room. I found one I like and the price was right and I asked them to give me a formal proposal.

I was floored when I saw the document and was more than flummoxed when I heard their response.

EVERYTHING was 30% higher than what they told me!

The projection screen – a 22% service charge – for pressing a button to lower the screen.

The room – a 22% service charge – not sure for what. I was already quoted a substantial room fee. Was this 22% to turn on the lights?

The food, already 20% higher than the competition – a 22% service charge. Was the 22% to carry it from the kitchen to the room?

I could go on. The 22% service charges was on everything. Why didn’t they give me a price and add 22% to the total price? Why not address it up front?

The other 8% was taxes. I get that. But telling me one price and then delivering a quote 22% higher. Naturally I looked at everything closely because I did not feel they were honest.

Was this good business? Must have been for them since they felt they could do this.

When I asked about this they simply said (my perception) take it or leave it. In addition to the 22%, they were arrogant in how they handled it. I walked away feeling lied to and mistreated.

I felt ES (their initials) was not honest, less than ethical and not forthright.

If marking everything up 22% is an industry standard – they should have told me. It this markup is standard, why not include it in the price? Why spring it on me as an afterthought?

I am a big boy. If I don’t like a prices I will go elsewhere. But why try to hide it? Did they think I would not notice a 30% difference in price?

The only thing we have is our reputation. It we soil our reputation, this damage can stay with us for years.

I should really thank ES for this learning opportunity. I need a topic to write about this week. Thanks ES for providing it.

Be honest. It is far easier than dealing with the consequences of lying.

Ron Finklestein

ron@akris.net

ps. Check out my new site Make a Difference (I call is MAD for short) and learn how to make a difference selling, in leadership and personal development.

Do you care what people think of you?

Do you know (or care) what others think of you?

A few years ago I was meeting with an attorney to help him grow sales. I asked him, “Why did you choose to meet with me?”

His answer, “Because I called four people I know who know you and they say you are the real deal.”

I was surprised by his answer and did not give it much thought.

Since then my client have introduced me to their associates as “The Real Deal.”

I did a speech to a local chamber and the chamber CEO introduced me to 100 business owners as “The Real Deal.”

Several people I met in the audience asked me how I came to be called “The Real Deal.”

I realized I created a brand. I did not do it with intention, but I have a brand none the less.

I went to my mastermind (a group of business owners that support each other) and asked their opinion about being called “The Real Deal.”.

Here is what they said, “If people call you that, it is OK? If you gave yourself that name it is not OK.”

Since we all have a brand (reputation) in our market, whether we created one with intent or not, do you know your brand? If not why not? This missing piece of information could be costing you thousands in new business.

Do you know what your brand is?

Does it support you or hinder you in creating new customers?

How do you find out what your brand is?

And most importantly, how do you market your brand for your best and highest use?

Let me know what you think of my brand and let me know what your brand is or the brand you are trying to create. You can leave me a comment on my website. Here is the link: http://wp.me/p1xMSz-iW

The Real Deal

Ron Finklestein
www.businessgrowthexperience.com
ron@businessgrowthexperience.com

To learn more on how to start building your brand download the free report: Six Questions Your Prospects Want Answered Before They Buy at www.businessgrowthexperience.com.

Expand Your Box (ESI)

Enlightened Self-Interest.

I created a concept called Enlightened Self-Interest (ESI).  ESI means to understand what is in my best interest with the intent to choose and take action. It allows you to get clear on what is important to you and marshal your resources to focus your time, energy and money to accomplish great things (for you). This concept is documented in more details in the book, Make a Difference: From Being Successful to Being Significant, available on amazon.com.

To accomplish anything important in our lives we have to do things have not done before. We need to solicit feedback from others to better understand our impact. We need feedback systems in place to allow us to self-correct. We need to understand how our actions and behaviors impacts others. When we do these things we do not get out of box – we expand our box!

It is impossible to get out of our box. We can only expand our box, make it larger. This expands our visions and allows us to see things differently; to see possibilities where none existed before. This is what a leader does. A leader create the vision (ESI), sells that vision, communicates that vision and helps others to see the bigger picture; whether in sales, personal development, business growth or personal growth. A leader helps others expand their personal box (vision of the world.)

When you embrace your ESI, you expand. Many time your ESI changes and you expand further. You might start out solving a specific problem (I need to grow sales). You might then grow your ESI into a strategy (this is how we will do things.) Ideally your ESI will evolve into your purpose (I will change the lives of one million people.) It is, as most things, an evolution an expanding, a becoming.

So what’s in it for you? The more selfish you become in executing your ESI, the more you expand you personally. You create a larger view of the world.

And…

As you expand yourself you are able to give more to others, to expand their box, to grow their perception. You can do this because you are seeing things differently, thinking differently and acting differently.

As human being we are driven to continually prove to ourselves the vastness of our influence and connectedness. You realize your boundaries are nearly limitless. Every business owner wants to expand his business, every mother wants their children to expand and become all them can be, each of use wants to know we are leaving a mark and our time spent (in business, in life, in a relationship) was purposeful.

Explore your ESI and give yourself permission to expand your boundaries and see who you really are and what you are capable of.  This is about personal leadership, business leadership and community leadership.

Enjoy!

Ron Finklestein

www.businessgrowthexperience.com
ron@businessgrowthexperience.com
330-990-0788

Learn why so many smalll businesses fail! Please join me

DocFred Presents Ron Finklestein-

Why does a small business fail?

                             Sept 20, 2013

 

Friday, Sep 20, 2013, DocFred with Ron Finklestein-Why does a small business fail?You will learn:

1- Why do so many small businesses fail?
2- What are the business issues business owner’s biggest weaknesses?
3- What prevents them from seeking help?
4-  What they can do immediately to start making a difference in their success and much, much more…

The Amazing Women and Men of Power Network and Raven International presents this Friday’s- Amazing Men of Power & Music

This show will broadcast twice Friday, Sep 20, 2013, 10AM and again at 4PM CST.

You can also listen in: Friday, Sep 20, 2013 or any time by going to Visions of Success Talk Radio. All links below:
http://amazingwomenofpower.com/radio/amazing-men-of-power/ (for Friday’s show on ITunes also, AWOP 24.7) or even today at

http://lifecareerbusinesscoach.com/visions-of-success/programs/

If you found this interesting, pass it on to a colleague, family member, or friend.
DocFred would love to hear your feedback on this subject. Email: fredsimkovsky@yahoo.com 

Sincerely,

 

Dr. Fred (DocFred) Simkovsky, CMCP
LifeCareerBusinessCoach.com

Rynd Speaks

This is the first chapter of my next book. It is a parable on how Bob uses  the Nine Laws to solves some very difficult personal and business problems. The Book is called Rynd’s Nine Laws for Personal and Professional Success – Going from Success to Significance. My coauthor Mike Larocca and I are very proud of this book because of the compelling story, the easy read and lessons learned. It will be available on Amazon in shortly!

Please read and enjoy.

Bob’s Drive

 

“Why am I the only person in this office who can do sales?”

Bob is seated in an elegant office, in a luxurious black leather chair at a cherry wood desk, none of which he ever seems to notice. He’s wearing a tailored gray business suit. His jacket is draped over the back of his chair.

Bob is facing Richard, who wears a tailored navy Armani suit despite holding the title Inside Sales Manager and thus rarely leaves the office. Richard begins to formulate a reply, but Bob cuts him off.

“No, scratch that,” says Bob. “Okay, fine, maybe I’m not the only person who can do sales. But I am the only person who will do sales, who does do sales. It’s not difficult. Everyone we contact needs this service. It’s a great service. It’s simple to see this. It’s simple to explain this. But why am I the only person who’s actually doing the work?”

“I –”

“Don’t answer that. I’m not in the mood right now.”

Bob realizes that right now’s not the time for a reasoned conversation. After a brief, almost guilty look at Richard, Bob says, “Let me go calm down first. Then tell me what happened with Greg and the Eastern contract.”

My reaction was unreasonable, Bob realizes as he leaves his office. But being annoyed at this problem is not.

Bob briefly wonders how long it’ll take Richard to return to his own office, and almost smiles, but his amusement quickly gives way to his annoyance.

Bob doesn’t mind doing sales. He’s good at it. It’s not what he would have envisioned himself doing twenty years ago, but he doesn’t mind sales. Or marketing. Or customer service. Or even purchasing, receivables, payables, or payroll.

Well, maybe not payroll.

No, the problem is that he is either doing or overseeing all of them, in too much detail, being pulled in 94 different directions at once. He owns a business that grossed four hundred grand last year and he’s still working harder than he would in a 9-to-5.

It just doesn’t make sense.

Bob enters the break room and is halfway to the water fountain before he stops. The table is cluttered with napkins and plates. On the counter beside the sink are several bottles of soda.

Unfortunately, Bob’s secretary chooses just that moment to open the opposite door and enter the break room. Ella’s smart “office chic” business suit, silk blouse, expensive shoes, and styled black hair make her look almost as efficient as she actually is.

“This is just ridiculous.” Bob throws his hands in the air. “Am I a business owner or a babysitter?”

“Bob, I thought you were –” she begins.

“Am I the only person who is even marginally engaged in this place? I can’t believe I have to tell you to keep the kitchen area clean, to take out the trash, to answer the customer emails on the same day. It’s ridiculous that you don’t know all this. It’s ridiculous that you aren’t already doing all this. Is it ignorance or apathy? No, wait, let me guess – you don’t know and you don’t care.”

Ella knows this isn’t true. She also knows that Bob knows this isn’t true. She enjoys working for him most of the time, but he can overreact on occasion. She suspects it’s the result of keeping such a tight lid on his feelings, but it wouldn’t be appropriate to tell him that.

The atypical situation in the break room leaves Ella stunned for a moment. In that moment, Bob leaves the room. He’s out of the building before she ever gets the chance to tell him that the so-called mess was in fact Bob’s workers setting up the break room for his 45th birthday party.

Bob quickly drives his silver luxury sedan from the parking lot, enjoying its smooth handling and easy power. He always enjoys the first minute of every drive, before his thoughts and plans move to the front of his mind and distract him from his surroundings. The first car he looked at cost more than he was willing to spend, but he likes what he bought instead.

He drives half a block along the access road, stops at the intersection where it meets the four-lane “proper” road, turns left when the light changes, and starts using his hands-free phone.

“Ella, it’s Bob. I’m sorry about that. Really. I shouldn’t have done that, okay?”

“Sure.”

“I’m going to Eastern to see if I can save this contract. I don’t know when I’ll be back. I’ll keep you posted.”

“Okay.”

Bob drives his car onto the interstate and accelerates rapidly. He notices that Ella seems subdued, which makes him feel guilty. “I’m sorry I blew up back there. You do a great job. I’d be lost without you.”

“No problem.”

“Okay. Bye.”

Bob ends the call, swerves around someone who apparently doesn’t realize that interstates also have minimum speed limits, and makes another call.

“I’m sorry I blew up back there,” he tells Richard’s voicemail. “It’s not your fault. Since this is a local customer for a change, I’m going down there to save this one in person. Keep pulling those numbers together. I’ll catch up with you later.”

After quickly checking his GPS to remind himself which exit to take, confirming that his memory is accurate, he makes another call.

“Greg,” he says. “Bob. Tell me what happened.”

“I –”

“Give me the short version.”

Greg pauses. “The guy with the title Purchasing Manager does not, in fact, make purchasing decisions.”

Bob exhales.

“Exactly,” says Greg. “All that effort explaining what we do, winning over a guy – and we did win him over – who can’t say yes or no. He’s got to go run it by his boss, and we’ve never spoken to her at all –”

“And he’ll lose something in translation.”

“Right,” says Greg. “That’s exactly right.”

“So we find out who she is and then we start over again.” Bob bangs on his steering wheel in frustration.

“It gets worse. While we were busy with the gatekeeper, Dickson got into the company president. She’s the one making the decisions.”

“Oh… fudge.” Bob breathes deeply. “Dickson. How did they find out who the decision maker is before we –? No, never mind how they found out. The question is, how do we fix this?”

Oh great, he thinks, flipping on his headlights and windshield wipers. Rain.

“Recommendations,” says Greg. “Testimonials.”

“What about them?”

“If we start over now, we sound like salesmen.”

“That could be because we are salesman,” says Bob, chuckling.

“We know why we’re different from our competition, why Eastern should hire us instead. But we can talk ourselves blue in the face explaining that and it won’t be as effective as recommendations from our customers.”

“This is true,” says Bob. “But unless you know how to get our customers to drop whatever they’re doing and just jump in ahead of Dickson right now to tell Eastern just how great we are…”

Ahead of Bob, a car brakes suddenly. The lanes on this stretch of interstate have a way of suddenly ending or turning exit-only and panicking those unfamiliar with it, so he isn’t surprised, but he is annoyed. He swerves left and wonders why he’s so easily annoyed these days.

“We could always sabotage them,” Greg mutters, followed by a noise that doesn’t travel well from hands-free phone to hands-free phone.

“Did you just laugh nervously?” Bob asks.

“What?”

“I’ve read about that in books – oh, how I wish I had time to read books again – but I don’t believe I’ve ever heard it before. Was that a nervous laugh?”

“Um… no… um, I was just joking about sabotage –”

“Of course you were joking. Sabotage would be unethical.”

“It would,” Greg quickly agrees.

“So we don’t do that. We don’t sabotage Dickson. We reframe the job.”

“Reframe.”

“Sure. Reframe. If we’re bidding against an incumbent, we make the old entrenched methods look bad. If we’re the incumbent, we make our insider knowledge critical. If we’ve got a better reputation for data security, we play up the threat and likelihood of compromising a system. If none of our competitors provide a single point of contact, stress that we do and why it matters. If we’ve got a less experienced team, we play down the need for expertise and talk up our ability to do the same work at lower cost. If we’ve got a more experienced team, we play up the value of experience, and the peace of mind they’ll enjoy knowing that our people are all hired, trained, and in place. Make what we do best seem vital and what others do well seem not so important. Stress the critical importance of anything we know that our competitor doesn’t. Reframe.”

“Ah,” says Greg.

“Ideally before they call for bids, of course.” Bob takes the exit that leads from the interstate he’s on to the interstate he wants to be on. “Oh, have they called for bids on this yet?”

“Not yet.”

“Great! We are in there! We can help them decide what to stress in the RFP. If Dickson can beat us on what does matter to the customer, we bid on what should matter to the customer. Can you meet me in –”

Bob is driving in the leftmost of five lanes, which quickly narrow to four and then three lanes, and he needs to shoot to the far right lane within the next mile. This particular stretch of interstate brings out the worst in the lane jockeys, no matter the weather, especially if there’s a slow-moving bus or truck.

Bob is momentarily distracted by his phone call and therefore unaware of the car on his right, in his blind spot. The car veers to its left and smashes into Bob’s car at 73 miles per hour.

The road is newly wet, when the asphalt is at its slickest. Bob’s car skids. Badly.

Failing Forward,

Ron Finklestein
330-990-0788
ron@ businessgrowthexperience.com
www.businessgrowthexperience.com – Download the free report
www.businessgrowthexperience.net – Sales Membership Site – try it today!

 

 

50% of the People Will Hate You!

50% of the People Will Hate You!

I am reading John Smoltz’s autobiography. If you are not familiar with Smoltz, he played professional baseball for over 20 years. The book focuses on the last year he played.

Smoltz is a very competitive individual. He did not like to lose, He loved playing for Atlanta and he would do what was necessary to help his team win (as long as it was legal, moral and ethical.)

What is compelling about his story is that he was not afraid to fail.

When he failed in a game (gave up 8 runs in 2/3rd of an inning) he would go back to the bullpen and make the necessary adjustment. He would take the changes he tested in the bullpen and implement them in the game. Many players would make the adjustments in the bullpen and never implement them in a game situation. His point is that these changes must be implemented or why do them.

The book is about his ability to fail forward to achieve success.

I see the same thing with my sales coaching. Many people learn the material but they never apply it. They are afraid to fail.

I remember when I wrote my first book. I waited for six months after it was ready before I released it. I was afraid of what others would think. I finally released it. That started a creative streak that lasted five years. I wrote four books in five years: Two of them went international. That would not have happened if I let my fear of failure control my behavior.

As a result of that work, I team up with TruNorth and Dr. Tony Alessandra to create a sales training web site that will be available in late January 2013. That would not have happened if I did not get over my fear of failure. Here is the press release!

Fear of failure is simply a belief. It is a belief that you can release if you choose to. It simply means you acknowledge the fear and do it anyway. As Dan Kennedy once said, “50% of the people will love you, 50% of the people will hate you. Ignore people who hate you and focus on the people who love you.”

To Your Success,

Ron Finklestein

330-990-0788

Go to www.businessgrowthexperience.com and download your free report. “Six Questions Your Prospects Want Answered Before They Buy”

 

Influence vs. Manipulation

I recently wrote an article on the difference between influence vs. manipulation.  I posted it on  http://www.businessgrowthexperience.com 

Here is the link: http://businessgrowthexperience.com/?p=829

At the end of the article is a link to a PDF entitled, How to Build Rapport with Anyone in 90 Seconds or Less. Consider it a gift to you, my readers. You will not have to provide any information. You can just download it.

To your success

Ron Finklestein

ron@akris.net

330-990-0788

Basics of Healthy Sales Relationships

Basics of Healthy Sales Relationships

Nothing can bring more satisfaction to a business owner than knowing they have a healthy relationship with their customer and vendors.

And, of course, as many people find out, nothing can bring so much pain as a broken relationship.

Yes, relationships make the world go ‘round. For better or for worse. There are basics that govern most human relationships, and these basics are what I want to cover below. So here is my list of the three essentials that I believe make up the basics of healthy business relationships.

1.      Honesty. Honesty is the backbone of a great business relationship. If you do not trust your customers how can you expect them to trust you? I recently had an experience where the vendor really messed up and instead of telling me the truth and letting me decide how to respond, he kept the issues from me. Things got progressive worst until we split on less than friendly terms. I would have preferred to salvage the relationship if possible.

Communication is so important because it is the vehicle that allows us to verbalize what is inside us and enables it to connect with another person. Isn’t communication amazing? One person is feeling one thing, and through communication, another person can find that out and feel it, too—amazing. And this is a vital goal in good relationships—to communicate, to tell each other what we are thinking and what we are feeling. It enables us to make a connection. Sometimes we are the one speaking, and other times we are listening. Either way, the central tenet is communication for the sake of building the relationship and making it stronger. And here’s what’s exciting: If we just communicate, we can get by. But if we communicate skillfully, we can work miracles!

It helps if we can communication our message in a way our customers understand. There are six questions our prospects wants answered before they buy from us. Go to the Business Growth Experience web site  and download this report. This report documents the basic communications our prospects and customers want from us.

2.      Integrity. Do what you say you will do, when you say you will do it. Nothing is more frustrating than making a plan based on the action of someone else and then at the last-minute finding out they did not do it. Be respectful of your customers and business partners and expect the same in return. People make decisions on what you say and do; sometimes very important decisions. We need to respect that.

I once had a vendor who never returned calls. I could not make any plans and any decisions that were made always changed because of his lack of follow through. Needless to say that relationship did not last long. If he had only responded and followed through things would have been great.

3.      Common Sense. Every relationship must have a win-win component. If either person in the relationship feels taken advantage of, feelings are hurt and rash decisions are made.  Jim Rohn calls this common purpose. Think about how many friends you have met through the years while working on a common purpose. With common purpose there is something in it for everyone. You had that strong common bond of purpose that brought you together and held you together. Working together, building together, failing and succeeding together—all while pursuing a common purpose—that is what relationships are made of. Find people with whom you have common purposes and sow the seeds of great relationships, and then reap the long-lasting benefits.

To Your Success,

Ron Finklestein
www.businessgrowthexperience.com
330-990-0788

 

Sales Success is an Inside Job

Do you wonder about the how successful sales person becomes successful?

Tim Connor, in his book Soft Selling, discussed how average sales people spent 2% of their time in self-improvement and successful sale reps spent an average of 10% of their time in personal development.

In this post, Selling is an Inside job, the author suggest lack of time spent in personal development is communicated to the prospects in whys we do not really understand but we all have experience.

What message are you sending to you prospect without realizing it and how is impacting your sales?

 

Ron Finklestein
www.businessgrowthexperience.com
330-990-0788
ron@akris.net

Are You a Leader?

A good friend of mine wrote this article for a local magazine. The article received great reviews and because of that I ask him if I could post it here. The author’s name is Dale Stefancic.  To find out more about Dale, email him at dale@dalestefancic.com or visit www.EntrepreneursOnCall.com

LEADERSHIP

 

Leadership is a powerful word.  With it, there is an amazing amount of responsibility,  should you decide to assume the role of a Leader.  Often the question of are leaders born or are they made is frequently debated.  I believe both situations exist;  just as someone is born with a gift to be an artist, pro athlete, talented musician, actor or actress.  You can be born with the gifts to be a leader.  Can you become a leader?  I believe you can.

Leadership is reserved for those individuals that have vision, passion, compassion, drive, desire and unending will to attend to a higher level.  It may be as simple as having the leadership for your family.  To have them take the safe path, keeping them out of harms way, demonstrating through actions the correct and best way to get things accomplished.  Leadership is not attained by a title such as supervisor or business owner.

Leadership is a constant demonstration of one’s ability to lead through action with passion and purpose to illustrate the intended result.

While working in the business world, I have seen too many times  management just delegate responsibility or tasks without knowing first hand what it takes for the desired outcome  they look for.

Leaders are respected and listened to because they have demonstrated time and time again they have done what it takes to overcome and are willing to demonstrate to others through action and gain the respect needed to be valued and listened to.

The majority of leaders should know and understand that people are the core building blocks of their team and/or organization.  To be an effective leader, you need to understand the core building block of your people and their respective values.

Many organizations just look at their people in a professional capacity. This short sighting will miss the mark.  To ensure your leadership fits and attracts the right people, doing the right things take into account all the roles each person comes to work with, within and outside their team or organization.  You may have to address their personal roles outside of work such as parent, little league coach or volunteer.

Many times a person’s role shows up at work.  A leader is no different and you must understand and be aware of it.  The right leader will identify their own growth and development and prioritize them.

Keep in mind, you get the people you deserve.  It is our decision.  For you to attract and lead better people, you need to become the leader that those people need and deserve.  That means you first need to invest in yourself.  Keep improving one of your strengths and make your weaknesses strong.

Leadership begins from within.  Identify core roles, prioritize them and plan on development and then acting on them.  Any relationship begins with you.  Leadership begins with you.  To be effective, it is dependent on your ability to communicate well.

All communication begins with a thought before it is translated into words and messages. How many of us have allowed ourselves to speak first and think later?  What was the result?  In many circumstances, it created some unwelcome ripples in our life and in our leadership.  With sound leadership, our internal and external communication must be open, honest, clear and timely and at times radical.    When our thoughts line up with our words, our actions will follow in alignment.  You are congruent.  You walk the talk.  When you do that, people do what people see.

Be creditable.  This is who you are.  A creditable leader has quality of relationships and has earned the right to lead, versus it being a granted position.  Leaders are authentic, trustworthy, and compelling.

Be competent in what you do.  Leaders are expected to get it correct, which means problems need a proactive approach.  Usually problems will stem from three areas-people, strategy and execution. Your problem will most likely always fall into one of the three categories.  Identify which one and solve it.

Lastly, I want to mention consequences.  How do you do things and what was the consequence of your action?  How did you make your decision?  How did you choose to communicate your decisions and what was the impact on others?

Decide if you are a leader or if you need to work on yourself in some capacity to become a leader!

Dale Stefancic

 

To Your Success,

Ron Finklestein
330-990-0788

www.aboutbusinesssuccess.com

Aboutbusinesssuccess.com is a web site devoted to your personal and business growth. It contains marketing articles, personal growth videos and relationship building strategies.

Last updated by at .