Entrepreneur Success Starts with Step 1 – Respect

Part 1 of 5 in the RAISE Sales System blog post series for entrepreneur success.

Are you an entrepreneur who struggles with sales? If so, you’re not alone. Entrepreneur success requires strong sales skills and this struggle is a common problem that many business owners have. Entrepreneurs wear a lot of different hats and for most, selling isn’t their strongest skillset.

Respect the prospect - entrepreneur success
Entrepreneur success requires RESEPCT, step 1 in the RAISE sales system

One of the secrets to entrepreneur success is knowing how to ask for and close the sale. In this 5 part blog series, I’m going to share my signature sales system, RAISE.  I created this 5-step strategy RAISE from my 25+ years of experience across multiple industries and teach it in workshops and when doing sales coaching with clients. This is the sales process entrepreneurs and sales professionals use for dramatically increasing sales.

Download free ebook “17 Sales Hacks to Close More Sales”

RAISE is the word that is spelled out by the first letter of each of the steps in the system. This post is about the first step and each post in this series will reveal subsequent steps in the RAISE system.

The R in RAISE is for respect and I love starting with respect because this is where a relationship building begins. This is where developing the know, like and trust factors starts, so you can advance to asking for the sale.

Entrepreneur success secret #1 is Respect

You can’t close the sale if you’re no longer in the conversation. Respecting the prospect will keep you in the conversation longer than asking for the sale before they are ready to buy.

First of all, respecting where the customer actually is, and not where you wish they were in the buying process is vital to entrepreneurs success. It’s super essential to be aware of where your prospect is where their heads at what they care about where they are in the sales or buying process.

Two Ears and One Mouth for a Reason

One example is at a networking event or a party. You have connected with somebody and they did most of talking, while you do a lot of listening. At the end of the conversation, they say, “You’re a great conversationalist!” And you think to yourself, “I said so very little and you did all the talking!” There’s a reason people say we have two ears and only one mouth for a reason:-)

Why is it that the person who did the listening is a great conversationalist? Because human beings love to feel heard. When we show consideration for people and actively listen to them, they FEEL respected and valued. Plus, we find out what is important to them and that knowledge fuels our own entrepreneur success. All of this goodness also allows us to build the know, like and trust factors.

Success Story Using Respect to Sell

Now I’ll share with you an example of how amazing the Respect step is for entrepreneurs to succeed. In the late 80s, I sold construction equipment in Florida, working for the only companies in the country that had female sales. I was calling on construction sites throughout Southwest Florida and I wasn’t always welcomed. One general contractor was using the old-style, less cost effective and more dangerous scaffolding on a project that was a prime candidate for using a boomlift. He wasn’t interested in hearing about a new technology solution from a woman who he perceived didn’t know anything about construction.

How I Cracked the Tough Prospect

If I was going to have any shot at selling this customer a boomlift, I knew I needed to get creative. I realized I needed to respect where he was, no where I wanted him to be.

Since I knew he felt competent as a general contractor, I asked him about the project. He was happy to talk about it. After listening, I offered to deliver the boomlift the next day at no charge to him. If at the end of the day, he found the equipment effective, he could keep it and pay only for the rental for the rest of the time he used it. If not, I’d pick it up and charge him nothing. No risk for him.

When I called this customer at the end of the day, he told me I could leave the boomlift.  I had the sale without ever asking for it. What is important to know, is that I respected where this customer this prospect was and stayed in the conversation. When building a relationship with a prospect, starting with respecting where they are and what they value is the best first step. R is for Respect and entrepreneur success depends upon it.

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What is the lack of soft skills in millennials costing us?

We hear it often. “Millennials make eye contact. They don’t respect authority. They don’t show up on time.” Why? What happened? And how is all of this impacting our culture and our businesses?

Millennials who have great soft skills have a huge advantage over their peers who do not.  Studies, reports and articles emerge weekly about the severity of the challenges that employers have with hiring and managing a generation that lacks people skills. That means that members of the most tech savvy generation who have solid soft skills have a serious competitive advantage in the job market.

In his recent post, “Is Lack of Soft Skills Hindering Millennials’ Careers?,” Kevin Howell cited several studies that indicate the answer is “Yes”.

Lack of soft skills is holding back Millennials in their careers

It’s such a chronic and acute problem, that, according to a recent McKinsey study, “40 percent of employers said they have difficulty filling vacancies because younger workers lack soft skills, such as communication, teamwork, and punctuality. A PayScale survey found similar results, with managers highlighting leadership and ownership as skills that Millennials lack.”

What’s the cause of this lackluster skill set? Too much focus on STEM education and job? Maybe. Too much screen time? Perhaps. Some studies have shown that “social anxiety with face-to-face interaction increases with the amount of time spent online.”

“Regardless of the reason young workers struggle with soft skills, companies have to deal with it. Addressing the skills shortfall in the workplace means tailoring training and development toward those needs.”

And that means that soft skills training for millennials needs three things:

  • To be valued by millennials
  • Fun for them to learn
  • Include a lot of practice

Changing behaviors is hard and humans resist it. Shifting the way millennials interact in person is not going to be easy. Success will require engaging training, practice and accountability along the way.

This generation grew up with digital media and video games and they like activities to be fun. Gamifying soft skills training is essential to hold their attention.

Practicing new skills and repeating them often is how soft skills behavior will change.

How to accelerate lead nurturing and turn on the flow of referrals

Part 2 of the Secret Weapon: Referrals for amplifying your sales.

You’ve asked, listened and begun nurturing those new contacts. Awesome! Want to learn what will speed the relationship developing process along faster so you can convert contacts into referral partners?

Here’s how to follow up better than your competitors ever will: Follow up until they “Buy or Die”!

80% of sales require seven follow-ups (and that number keeps climbing)   [Source: Scripted]
44% of salespeople give up after one follow-up  [Source: The Marketing Donut]

So, if you’re an entrepreneur looking to attract more clients, these numbers are eye-opening. This means it’s likely your competition won’t follow up as often as you will if you commit to five times. BOOM! Advantage, you!

Download the free eBook, “From Cold to Sold” to get 17 hacks for nurturing leads and converting them to customers.
If you’re a job seeker, this underscores the importance of persistence. While no one wants to be a pest, it’s in your best interest to follow up multiple times. Some HR experts say, “Follow up until they buy or die.”
People are just too busy to remember who they talked to and what action they promised. Those who rely on new contacts to do the follow-up are guaranteed disappointing results. Instead, proactive professionals who make a point to reconnect after introductions impress and succeed.
Staying connected is how you’ll nurture and build this relationship, so call or email with a brief message about how much you enjoyed talking with them and that you’d like to stay in touch. Mention something specific they talked about. Ask what social media they prefer and connect with them on those channels. LinkedIn is a given for most professionals, but find out if they like Instagram, Facebook, Twitter or Pinterest also. Most people have a couple of go-to channels they like.

People are more likely to respond to social media than an email, so take advantage of that and meet them where they are. Showing social love to your contacts will accelerate you rapidly towards your goal of seeing referrals flow into your business. Public admiration and validation is pure gold!

Check out my post “5 ways to get free leads on LinkedIn” and “Promote Your Business with Instagram” for specific tips.
You now have a platform for nurturing that new business relationship and expanding your network. Repost things they post, make comments (positive and insightful) and make sure you do it within the first week, and then every couple of weeks after that.
Network like a pro and watch the job opportunities and sales flow in, right? There’s a little more to it than that, of course. Once you have the strong referral network in place, you need to know how to ask for the referrals.

When you’re ready to build a full pipeline of referrals, consider a workshop, Give Yourself A RAISE – Build a Referral Pipeline workshop, where you can create an entire action plan to drive massive revenue to your business.

Learn more about the Referral workshop

Referrals: the secret weapon used by the world’s most successful business owners

Part 1 of 2 in a series.

Quick question: Which is more important for professional success?
A) What you know
B) Who you know

If you answered B), you already know a lot. But who you know isn’t much help for advancing your career or business if you don’t have skills. Having knowledge is far more likely to lead to success if other people realize you have it than if you secretly have them. So really, the answer is A) and B), in that order. Knowing people is great for building referral partnerships, but it won’t get you a job or sales leads without some talent and ability.
And have amazing skills in a vacuum won’t make you successful.

Do you find yourself stressed out when you think about making sales calls? Many people fee frustrated when they realize they need to build a strong network, have no idea where to begin. It can be a little like the “How do I get experience if I don’t have experience yet?” syndrome.

Referral Pipeline Building Workshop

Some people are naturally gifted in the art of networking and some are not. Guess what? That’s totally ok! We are all different, which is what makes the world an interesting place. There’s no reason to feel badly about yourself if you don’t already have relationship building skills honed to a fine point. We can’t all be ace at everything. (For example, don’t ask me to file your taxes. Orange is definitely not my best color and I doubt it’s yours.) If you aren’t the best at relationship and network building, don’t worry. Skills can be learned.
So, what are the 3 steps you can take to build highly successful business relationships and bring referrals flowing into your business?

1. Ask. Be intensely curious about people. Ask a lot of questions about what they do, what they like to do, what success looks like for them, what their challenges and problems are. Ask what they enjoy most and least about their work. People love to talk about themselves, so this is easier than you might think.

Specifically ask them about their goals and concerns. Sample questions:
What’s the most important goal you’re working towards right now?
What’s your greatest challenge with achieving it?
What keeps you up at night?
Their answers will give you some insight to what they care about and the problems they are trying to solve. We’ll come back with what to do with the answers in tip 3.

To get 17 hacks for generating and converting leads, download my eBook, “From Cold to Sold” here.

Download Free eBook
2. Listen. Have you ever tried the experiment of listening more than you speak in a conversation? If you have, did the person you were “talking” with say, “You are so easy to talk to”? If not, try it out sometime. The results can be a fascinating illustration of how much value people place on sharing and feeling heard. It’s not a bad thing that we like focusing on our own experiences and telling others about them. It’s a human thing. When you’re building a network of relationships with humans, understanding this quality is invaluable. We are wired to connect and share our thoughts, ideas, feelings and experiences with people. And that happens to be awesome for networking.

3. Nurture. Once you’ve met someone and discovered what they value and established some rapport, the most important step to adding them to your network, is to follow-up with them. I cannot emphasize the importance of following-up enough. Have I mentioned how essential the follow up is?

Look for part 2 of this blog post next week and discover exactly what you can do to accelerate relationship nurturing and turn on the flow of referrals into your business.

 

Follow up is the gold – From cold to sold to convert leads to sales

6 step process for follow up after meeting a new contact
How to follow up after making new contact.

Nice to meet you, now what. The steps you need to take to turn those new contacts into gold.

Well done. You went out there and connected with some new people. Networking can feel daunting and you did it anyway! And, now what? What’s the secret to converting that new contact into a referral relationship or customer? Knowing what to say and how to say it without sounding cheesy can be a challenge too.

If you need to repeat it, automate it, as they say. So here’s the 6 step process I use and can recommend for you.

  1. Always send a quick thank you email or text the same day or the next day at the latest. This shows respect for the other person’s time by prioritizing a follow up to the conversation right away. It is more important to send this quickly, rather than for it to be a comprehensive or long email.
  2. Be yourself. Authenticity is always a good approach. To pretty much everything. Follow up emails are no different. Since people feel good when you listen to them, include something key you heard the contact you just met say. Use your own “voice” and keep it professional. That doesn’t mean uptight, just respectful.
  3. Make a positive observation about the person, company or project that this contact mentioned. Comment on how you can see this work achieving the goals or being successful. More good evidence of your effective listening skills and this creates the know, like and trust factors.
  4. Summarize the action items you agreed to do and include any you can in this email. If your follow up action requires more time or a separate email, outline how and when you will complete it.
  5. Thank your new contact for the action items they offered. Appreciation is always smart and it can be a helpful reminder to busy people who’s intentions are good and who’s schedules are full. They feel valued. More know like and trust development:-)
  6. Connect with your new contact on LinkedIn, Twitter and perhaps Facebook. You’re building your network and broadening that connection to social media channels is too important to miss. 

Need more customers? Want more website visitors? Looking for more revenue? Just announced! The RAISE Your Revenue Now! workshop.

Learn more

Do you have suggestions for making the follow up after making a new connection even better? Bring it! I’d love to see it, so share your comments below.

Follow up is the gold – From cold to sold to convert sales

Convert cold leads to sold customers with this sales system. From cold to sold.
Convert cold leads to sold customers with this sales system.

Nice to meet you, now what. The steps you need to take to turn those new contacts into gold.

Well done. You went out there and connected with some new people. Networking can feel daunting and you did it anyway! And, now what? What’s the secret to converting that new contact into a referral relationship or customer?

Knowing what to say and how to say it without sounding cheesy can be a challenge too. If you need to repeat it, automate it, as they say. So here’s the 6 step process I use and can recommend for you.

    1. Always send a quick thank you email or text the same day or the next day at the latest. This shows respect for the other person’s time by prioritizing a follow up to the conversation right away. It is more important to send this quickly, rather than for it to be a comprehensive or long email

  1. Be yourself. Authenticity is always a good approach. To pretty much everything. Follow up emails are no different. Since people feel good when you listen to them, include something key you heard the contact you just met say. Use your own “voice” and keep it professional. That doesn’t mean uptight, just respectful.
  2. Make a positive observation about the person, company or project that this contact mentioned. Comment on how you can see this work achieving the goals or being successful. More good evidence of your effective listening skills and this creates the know, like and trust factors.
  3. Summarize the action items you agreed to do and include any you can in this email. If your follow up action requires more time or a separate email, outline how and when you will complete it.
  4. Thank your new contact for the action items they offered. Appreciation is always smart and it can be a helpful reminder to busy people who’s intentions are good and who’s schedules are full. They feel valued. More know like and trust development:-)
  5. Connect with your new contact on LinkedIn, Twitter and perhaps Facebook. You’re building your network and broadening that connection to social media channels is too important to miss. 

Get the 17 sales hacks to convert cold leads to profit, with this free e-Book, “From Cold to Sold”. Download now for free!

Do you have suggestions for making the follow up after making a new connection even better? Bring it! I’d love to see it, so share your comments below.

Ready to give yourself a RAISE?

I recently presented my R.A.I.S.E. method for relationship building to increase income at the Texas Women in Business meeting at Austin Country Club. Get out your pen and get ready to take some notes. This is a really powerful system that works outrageously well to increase sales revenue, so you can give yourself a R.A.I.S.E.! Discover how to build relationship and financial wealth.

Schedule your FREE sales coaching session!

So if you’re wondering how to increase sales or give yourself a RAISE, watch this 3 minutes video and take me up on the offer for a free coaching session.  Investing even 15 minutes in your success can have a massive impact on your business and your life. YOU are worth it!

Write Subject Lines That Get Your Emails Opened

Subject lines determine whether people click of don’t, so they matter. A lot! I recently created an email campaign for one of my clients and we saw very strong open rates, which has everything to do with great subject lines and brand name recognition. For this particular campaign, we were inviting the recipients to an event. Our  most effective subject line was:

You’re invited! [Company Name] [Event]

Subject line determines open rate
The email subject line makes or breaks your email marketing success rate.

Subject Line Determines Email Open Rates

It’s pretty important to find the optimal subject lines. Who cares how brilliant your email is if no one ever sees it? Test, test and test. Try different subject lines and track open rate performance. It’s almost shocking what a difference the subject line makes!

Some good subject line formulas:

  • Your Guide to [Industry-Related Topic]
  • How To Get the Most Out of [Product/Service]
  • 5 Tips to Extend the Life of Your [Product/Service]

Another technique that motivates readers to open emails is calling out the hot industry topics. Of course, any good marketer is creating content that address the issues that are top of mind for their prospects, so including those terms in the subject line should be automatic.

Read more on how to improve your open rates immediately with this post from Amelia Showalter, on CXL.  Once you’ve figured out the formula for fabulous subject lines, you may be interested in learning more about writing wonderful emails. Check out this post “Anatomy of an Awful Email” for a guide on what not to do.

Oh, and don’t forget to optimize the emails and landing pages for mobile. With mobile device use continuing to rise, demand generation efforts need to be responsive as well. You know the numbers: According to a Google Survey, 61% of site visitors using mobile device are likely to leave a site that’s not optimized for mobile. With a third or more emails being opened on tablets and smart phones, marketers can’t afford to not optimize.

Sales Tip of the Week – Active Listening

One of the most powerful ways to increase sales is to listen. Active listening means you ask your prospect questions and focus on hearing their answers. People love to be heard because it makes them feel respected and valued.

Plus, active listening often reveals insights that help you determine how best to help them solve their problems or entertain them. This information helps you illustrate the value your product or service offers, which helps you close the sale.

Active Listening – Sales Tip of the Week

 

Try it out and let me know how it works for you. I coach and train sales teams and entrepreneurs how to increase their income by 20 to 80%. Active listening is one of the most effective methods I coach my clients on developing. For a limited time, I’m offering a FREE 15 minutes Sales Strategy Session! Click the button below to schedule your session now. Spots are limited, so get yours on the calendar while you can!

Schedule a Free Session!

 

Are You Losing Money Because of Your Sales Blindspot?

Your sales blindspot could be costing you money. A lot of money. You could be missing out on sales and not even realize it. But you can’t fix a problem you can’t see.

Are you losing money because of your sales blindspot?
Are you losing money because of your sales blindspot?

Wouldn’t it be great if you buy a little sales blindspot mirror like you can for your car? That way you could see where you’re missing opportunities to make more money and fix them. But sales blindspot quick-fixes aren’t a thing…or are they?

Do you know what your sales blindspot is?

You may detest networking. Or maybe it’s following up with leads that isn’t your favorite thing to do. It could be you don’t know how to ask for the sale. As America’s #1 Master Confidence Strategist, Jan Goss-Gibson told me, “You can’t read the label from inside the bottle.” In other words, everyone has a blindspot, so don’t feel badly.

The Solution – Identify the area of sales where you struggle the most

Get a qualified sales expert to show you what you can’t see because you’re inside the bottle trying to read the label. Click here to schedule a free 15 minutes session with me to discover your sales blindspot. The link takes you right to my TimeTrade scheduling app.

Once you see what you’re not seeing, you can makes some shifts in your selling and reclaim that lost revenue.

Every business owner wants more sales.  What if you could discover a simple tip you could use that would get you more sales right away? Schedule a free session with me and I’ll show you how to increase revenue right away. You may want to take advantage of this offer now, since the free session slots are filling up quickly.

Discovering and removing you sales blindspot leads to a major increase in income. What part of the sales process do you struggle with the most? Leave your answer to this question in the comments. I look forward to seeing your answers.