How To Stay Innovative in an Emerging Market #498

How To Stay Innovative in an Emerging Market #498

There is an old saying in tech that there are only two kinds of technologies: the out-of-date and the “it’s not yet available.” Products loved and admired by customers will someday be considered antiques. Few products or services are considered modern forever. Instead, the marketplace is constantly birthing a rebirthing, innovation after innovation. Salespeople play a tremendous role in guiding their companies to stay competitive. They are the canaries in the coal mine and the first to discern what’s the next big thing.  So what can sellers do to stay innovative in an emerging market? That’s the topic for today.

Today’s Chapter –   Emerging Markets

As the seasons change
So does the market
Both creating and destroying opportunities
Revealing new problems and challenges.
Like water seeking its own level
The market seeks balance.

Today’s solutions are tomorrow’s problems
The master seller is awake to possibility.

Today’s  Story 

Chris returned to the office after working a three-day conference.

Pat asked, “What did you learn at the tradeshow. What’s hot? What’s not? Since you’re the face of the company, what do you think is the next product we should be rolling out?”   

“I don’t really know,” said Chris “All I did was stay at the booth and try to get as many leads as possible. The  SR-7  product is the best on the market! For all practical purposes, we don’t have any competition!” 

Pat responded, “The SR-7 is going to be a problem,”

“Oh?” asked Chris.

“Absolutely,” said Pat. “Today’s solutions are always tomorrow’s problems. Business might be good now, but we better keep innovating if we want to stay ahead of the competition.  Markets change. If we don’t change with them, we’ll perish”.

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Lao Tzu said, “Being and non-being create each other… Difficult and easy support each other… High and low depend on each other… Before and after follow each other.”

This verse illustrates the interdependence of opposites and the cyclical nature of existence. Change is a fundamental aspect of reality. All it takes is to watch a 10-year-old move to see how yesterday is not today. To quote the Greek philosopher Heraclitus, “The only thing that remains the same is change”

The market is always in search of a better mousetrap. One of the perks of being a sales professional is that you get a front seat in emerging markets. The markets are like a river, always moving and always in flux.  If you look, you will be the first to know what’s hot. When you fully embrace the wants and desires of your customers, you will know how to advise your company, 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

 

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Got a Question?

Something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

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Don’t Force the Sale, Allow the Sale #497

Don’t Force the Sale, Allow the Sale #497

Sometimes sellers in their zeal to win push and prod buyers into uncomfortable buying decisions. It’s always a good time for a seller to win a sale, but that’s not the case for buyers. Sometimes a purchase is part of a broader project that requires planning.  Too often sellers forget that their timeline should be the buyer’s timeline. In this episode of the Tao of Sales Babble, we discuss the hazards of forcing a deal and the benefits of giving buyers space to decide on their own.

Today’s Chapter –   Don’t Force, Allow

Whoever relies on Master Selling
doesn’t try to force decisions
or beat down buyers with logic and facts.

For every force there is a counterforce.
Even if well intentioned,
It always rebounds upon oneself
Placing the sale in peril.

The Master Seller does their job
and then stops.
They understand that the sale
is never completely in their control,
and that trying to dominate events goes against the will of the buyer.

Because they believe in themselves
They don’t try to strong-arm buyers.
Content with themselves they don’t need others’ approval.
Since they accept themselves
for who they are,
the whole world accepts them.

Today’s  Story – Let The Sale Breath

Chris had been working a large deal for quite some time and was finally able to schedule a sales call. The meeting went great!  The buyers liked what they saw and believed the solution would be a good fit. Immediately Chris started closing despite being told by the buyers they had some other things to put in place first.

Chris heard what they said, but didn’t HEAR what they said. Every few days Chris would send a follow-up email, text, or voicemail to ask “Are you ready to buy? Are you ready to buy?” Soon the buyers got turned off and that was the last Chris heard from them. Chris was ghosted.

“What happened to that prospect?” Pat asked. :I thought they liked your presentation.”

It took a while but eventually, Chris shared the failed follow-up strategy. ”

Ohhhhh” Pat responded. “You tried to force them to make a decision. right? You didn’t need to do that. We have a great solution that provides great value. You should have faith that buyers will understand and in time, they will buy.

Next time you’re in this situation, let the sale breathe. It takes time for buyers to decide.  If it’s a good fit, the deal will close and buyers will appreciate your patience and confidence. Trust in yourself, and trust in the product.

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Newton’s Third Law of Motion states that “for every action, there is an equal and opposite reaction”.  The zeal to close a deal often results in the opposite, despite the best of intentions. Lao Tzu said,

“Fame or the self, which matters more?
The self or wealth, which is more precious?
Gain or loss, which is more painful?”

Contemplate your desire for fame, wealth, and personal gain. Ask yourself do these expectations hinder your selling success?  In some situations, this may be the truth.  If you believe in what you’re selling give the buyer space to make up their own mind. Have a little faith that it will all work out.

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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We Only Learn From Failure #496

We Only Learn From Failure #496

I’m a goof and I screw up a lot. I’m known to talk to myself and say things like “What were thinking?” or “You’re an idiot Pat.” This behavior really bugs my wife. She’ll say “Why are you so hard on yourself?” to which I reply “I’m not hard enough!’ But she may have a point. You can read good advice, or in the case of a podcast, listen to good advice but it’s not going to be embraced nearly as much as when you screw up and learn a lesson from it. 

 According to the author George Bernard Shaw “A life spent making mistakes is not only more honorable, but more useful than a life spent doing nothing.”  That’s the topic for today.

Today’s Chapter – Find Your Niche

A lost sale is a failure
and an opportunity to learn.
If you blame someone else,
or the circumstance,
there is no end to the blame.

Like the seasons
deals are won and lost.
Make failure, the opportunity to start again.
Yet this time with wisdom.

The Master Seller
meets their own obligations,
corrects their own mistakes,
Doing what they need to do,
demanding nothing of others.

Today’s  Story – Know Your Niche

Just when Chris thought the deal was a given, the client called and backed out of the final meeting. Chris was devastated and embarrassed. 

“What happened?” asked Pat. “I thought this was a sure deal. That’s what you told me.”

“I know.” responded Chris, “that’s what I thought but then I screwed it up.”

“How?” queried Pat.  

Chris paused and then said, “After the first presentation they admitted they like our basic service. Then I got excited about the newly announced services and thought I could make the deal bigger. But when I presented the new services, to my surprise, it scared them. After thinking about it they decided to go with a competitor who has a simpler offer. I totally misjudged the situation.” 

With an empathetic smile, Pat said, “You really screwed that up.” 

“I know,” said Chris. “I know.”

“Think you’ll do that again?” asked Pat.

Chris laughed. “No way.”

Pat laughed too and said, “Failure is a tough thing, but it’s the only place we truly learn important lessons. Years from now you’ll forget all the clients you closed this year, but this deal you’ll never forget. The lessons from this deal will reap rewards if you honor them.”

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We all make mistakes. That’s a given. What’s not a given is what we do with that mistake. Do we learn from it or instead repeat the error in an endless cycle? Too often sellers fail to take responsibility for their actions. It’s easy to blame the client, the market, the product, or the boss. Yet you have no control over any of them. All you can control is your own behavior and your own actions. 

Lao Tzu said,

“Those without Virtue require others to fulfill their obligations.” 

Wake up! The universe doesn’t pick favorites. Expect that failure comes with success. Err on the side of kindness and it will all work out.

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How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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Why You Need a Sales Niche #495

Why You Need a Sales Niche #495

If you ever sold a new invention, idea, or innovation then you’ve probably experienced the crushing defeat and rejection that comes with disrupting the status quo. After that experience you may have walked away with the same feeling I had when I did the Point of No Return waterpark ride which descended 10 stories in 4 seconds, No thank you, once was enough for me. But on the other hand, if you are bold and believe in the old adage that the “Riches are in the Niches” this is the episode for you. How to get a new innovation adopted. That’s the topic for today.

Today’s Chapter – Find Your Niche

The giant oak
grows from a tiny acorn.
A skyscraper in the heavens
starts on a pile of dirt.

The ocean is vast.
But the wise fisherman
casts nets in narrow waters.

Serving every market
serves no one.

Listen to the niche.
Great deeds have a humble beginning.

The journey of a 1000 sales
begins here, under your feet.

Today’s  Story – Know Your Niche

Given the disruptive nature of the company’s new product innovation, Pat’s strategy was to focus on early adopters who would partner and provide critical feedback. Despite that coaching, Chris secured a contract with a client who wasn’t a perfect fit. 

“Why did you do that?” asked Pat, “these folks will never be a good reference for our target market. In fact, I bet they never use it.”

Head shaking Chris responded, “Look, this is a good deal. They are much bigger than the companies you want me to target and it really goes a long way to meeting my quota.”

Frustrated Pat interrupted, “It’s my mistake you’re not getting paid at a higher rate for high-value early adopters. I’ll fix that. But if we sell to everyone, we sell to know one. We have a clear ideal client yet limits on our ability to invest in the new product. We need to start slow with small steps. In time, by partnering with early adopters, we can build out the product for the big guys. It’s going to take patience but we will get there. That’s our strategy for long-term success.”

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The Adoption Curve and Innovation author Geoffrey Moore believes that,

“The number-one corporate objective, when crossing the adoption curve, is to secure a distribution channel into the mainstream market, one with which the pragmatist customer will be comfortable.” 

When you’re looking to promote a new innovation, it’s essential you start with buyers who are open for change and willing to share their experience. Too often startups fail by trying to please everyone thus securing conflicting feedback.  As they say in golf. Aim small, miss small. Start with one thing and do it well. As Lao Tzu said,

“Have patience until the mud settles and the water clears.”

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Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

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How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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How to Learn, Unlearn, and Relearn Sales #494

How to Learn, Unlearn, and Relearn Sales #494

Do you know how some people just don’t listen? They complain about their situation,  yet they’re never open to alternatives. It’s a case where confidence and cockiness become handcuffs. This is all too common in sales. It’s a paradox but sometimes the best way to learn something is to first unlearn what you already know. To relearn is to keep growing and that’s the topic for today.

Today’s Chapter – Overflowing Cup

Keep filling your bowl,
and it will spill over.

Keep sharpening your pitch,
and it will be blunt.

Keep hoarding commissions
and you will be robbed.

Keep seeking approval,
and you will become their prisoner.

Do your job and move on.
Anything else attracts suffering.

Today’s  Story – When The Cup Is Full

Many of Chris’s deals were in trouble. Chris was looking for advice and Pat offered to help by inviting Chris for coffee. Chris was thankful and at the meeting immediately started explaining the complex details of each deal.

Pat started pouring coffee into Chris’s cup and when it was full, Pat kept pouring. 

Astonished Chris exclaimed, “Pat, the cup is full! No more will go in!”

Pat responded, “Like this cup, you are full of your own opinions and solutions. How can I show you the way unless you first empty your cup?”

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Before you can begin something new, you have to end what used to be and unlearn the old way. As Mark Twain said, 

“It ain’t what you know that gets you into trouble. It’s what you know for sure that just ain’t so.” 

Letting go is hard. Long-held beliefs are tenacious and they can be deadly. We live in tumultuous times. Changes in technology and culture create great uncertainty.  As sales professionals, it’s our responsibility to be skeptical of our assumptions and make adjustments as needed.  As Lao Tzu said, 

“To attain knowledge, add things every day. To attain wisdom, remove things every day.”

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Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

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Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

Check out PearlDiver.io

 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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What is The Tao of Sales Babble #493

What is The Tao of Sales Babble #493

Each week we apply the Taoist philosophy to some aspect of sales. We may talk about prospecting, qualifying, and closing, and share some practical Taoist examples using little parables involving Pat, Chris, and Lee. I’m unusually fascinated by this topic, a bit of a fanatic,  and have coined this topic the Tao of Sales Babble. Why babble? To quote Lao Tzu, “Sincere words are not fine; Fine words are not sincere.” Lao Tzu taught that understanding and wisdom do not necessarily rely on eloquent or elaborate speech. When it comes to sales, there is a plethora of babble about selling, and most of it is negative. I believe true wisdom comes from sincerity and a deeper connection to the fundamental truths. That’s what I call the Tao of Sales Babble. Today let’s babble about those fundamental truths. 

Today’s Chapter –  Tao of Sales Babble

The Tao of Sales Babble is the center of all selling.
the seasoned seller’s treasure,
the new seller’s refuge.

Honors can be won with fine pitches
Respect can be earned by exceeding quota.
But the Tao of Sales Babble is for everyone,
not just the rich and powerful.

Don’t offer the new leader,
Platitudes and praise,
Offer the the Tao of Sales Babble.
Its wisdom never runs out.

Why is it respected? Because it works.
You can always find what you need in it.
When you make a mistake, it’s forgiven.
Trouble never finds you.

Today’s  Story –

The new boss, Pat,  started today. Chris had heard that Pat had a storied career and held company records for the number of closed sales and revenue dollars. Given Pat’s record Chris assumed Pat was another hard-charging sales manager, bent on being the best, and richest. 

“It’s great to meet you, Chris,” Pat started.  “I‘d like to learn all about you, what you’re working on, and your expectations for the year. Do you have a sales philosophy? What is it?”

Chris took in a deep breath and considered pivoting by complimenting Pat and repeating back all the accolades that had been shared on Pat’s bio. But as a  devotee of the Tao of Sales Babble Chris took a different path. 

“I think it’s best to take each deal as it comes and let the buyers dictate the pace and scale. Strong arming prospects into buying never works. It’s best to have a full sales funnel and let the deals work at their own schedule. That’s how I’ve found success.”

Pat smiled when hearing this. It was unexpected. With a lowered voice Pat said, “Chris, I think you and I are going to get along very well.”

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Lao Tzu says,

All streams flow to the sea because it is lower than they are. Humility gives it its power. If you want to govern the people, you must place yourself below them. If you want to lead the people, you must learn how to follow them.

This is what it means to be a good boss. The Tao of Sales Babble is for all sellers. It has a feel that’s egalitarian. It doesn’t lord over anyone. The Tao of Sales Babble is instinctual. once you know it, you know what to do.   It cannot be put into words, but we do what we can on this podcast. 

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Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

https://link.chtbl.com/tsos?sid=podcast.salesbabble

Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

Check out PearlDiver.io

 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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Six More Taoist Sales Lessons That Make Common Sense #492

Six More Taoist Sales Lessons That Make Common Sense #492

This is the podcast where each week we apply an aspect of Taoism to sales. Last week we departed from this structure and surveyed six Taoist sales lessons instead of a single aspect. Each lesson contained common sense practical advice.  This week we’re going to do six more and if you haven’t listened to last week’s episode, that’s OK. These lessons aren’t in any order There is no need to go back before listening to this episode. But I do urge you to listen to it, especially if you’ve found value in this episode. 

As I said these lessons are solid advice that speaks to the art of sales, not just the science. This Taoist advice talks about mindset and intuition and how to approach selling at an instinctive level. Real life is filled with randomness and chaos. No one script or formula can address all possibilities. That’s why I’m a strong proponent of having a mindset that can address all challenges. Frankly, I’m fascinated by these concepts which is why I geek out on Taoism and why I’m excited to share them here on the pod. Listeners say this selling advice is applicable across many levels of life. Why not check out and see if this is true for you too!  

Listen more than you talk 

You’ve probably heard the old saying since God gave us two ears and only one mouth you need to listen more than talk. If everyone’s talking and no one’s listening, there is no communication.  It’s no secret that the world is full of talkers and people trying to sell, convince, joke or even just hear their own voice.  Lao Tzu’s advice is to take a break from the noise and control your desire to be heard. 

You can’t qualify a prospect if you don’t know what they want. You have to give them space to talk which requires strong listening skills. The notion that great talkers make great salespeople is a myth.  It’s just the opposite. Great listeners make great salespeople. 

In the Tao Te Ching Lao Tzu said, 

“Those who know do not speak. Those who speak do not know.”

Be honest with your speech

The reality of a situation may not always be pleasant or attractive. Eloquent or attractive language doesn’t necessarily equate to truthfulness. Yet oftentimes salespeople are loosy goosey with their language and fail to represent their products fairly and honestly. 

The truth can be harsh, uncomfortable, or even ugly. You may not have the best product on the market. But in the long run, you’re not fooling anyone. Buyers know flowery or beautiful language doesn’t guarantee what’s being said is true. Lao Tzu speaks at length about how wise men needn’t prove their point, and those who do are not wise. Buyers who’ve been wronged know this and so will the world given social media. Bad news and bad reviews travel fast.

As Lao Tzu says, 

 “The truth is not always beautiful, nor beautiful words the truth.”

Avoid conflict. But if you need to fight, fight to win.

In the course of any life, there is going to be conflict despite all efforts to de-escalate and compromise. It’s a fact of society that people argue. But be careful who you consider your enemies and how fixed is your view of the argument.  Sometimes sellers see closing a deal as a competition and the buyer is the enemy. Sometimes sellers see their competitors as enemies and sometimes they see their cllegues as enemies who erect barriers that stop their ability to sell. Too often we let our emotions control our actions and not the other way around. 

But if a fight can’t be avoided, Lao Tzu encourages us to let our opponents exhaust themselves with their own hate and anger. Don’t reciprocate with anger. He recognizes that sometimes you do need to compete, fight for your basic rights and survive. But when it comes to such situations, Lao Tzu advises we temper our emotions,

“The best fighter is never angry.”

Stay humble 

Life has its ups and downs. You’ll have wins and losses. This is especially true when it comes to sales. Very few of the prospects that enter your sales funnel will pop out the bottom as closed deals. But you will have your wins and whatever great things you do and however knowledgeable you become, Lao Tzu encourages humility. He says that the truly wise are people who realize how much of life will remain a mystery no matter how much knowledge we accumulate. We call these people lifelong learners.  Lao Tzu said,

“The wise man is one who knows what he does not know.”

Remain patient

We live in a fast-paced world filled with expectations of instant instant gratification. Hungry? Order out for delivery. Achey? Take a pill for relief. Bored? Infinite scroll your latest favorite app. Prospect won’t reply to your email?  Send 10 more. Impatience is the mother of mistakes and the father of stress. 

Nature teaches us that everything is interconnected with everything. It’s folly to expect complex problems to be solved instantly with the flick of a switch. Business deals take time. Decision-makers have many competing issues to contend with.  There is no need to rush. Everything will work out in the end. If the deal is meant to happen, it will. 

Lat Tzu reminds us how given time, the oceans have milled the finest of sand. He says,

“Water is soft, but given time it can cut through the hardest of rock.”

Don’t fear endings

Taoism is a philosophy that seeks a balance of the yin and yang. It urges us to work together with nature and not against it. Nature is a constant cycle of births and deaths, beginnings and endings. We need to accept this. 

Endings can be extremely sad and painful yet from another point of view, things may not be as bad as they seem. As sales professionals in a market economy,  jobs come and go. Mergers and acquisitions are as common sunrises and sunsets. So too are firings and layoffs. These experiences can sadden us, but when we reframe the experience as an opportunity, new possibilities may arise.

Lao Tzu urges us to keep in mind, 

“New beginnings are often disguised as painful endings.”

With that said if you’re enjoying your job don’t take it for granted. Practice gratitude and thank the heavens. Someday, and that day will come sooner than you think, that job will go away. You don’t own it. All you own is your profession. 

And that’s our six lessons for today. As you can see, these are not prescriptive lessons, The Tao has no recipe or numbered steps that guarantee results.  It is like when Louis Armstrong was asked: What is jazz? He said: “If you have to ask, you don’t know.” But I hope this week you’ve got a feel for it and you’ll be able to apply it to your life and your selling. Or maybe to be more precise, I hope you’re able to allow it to happen in your life and your selling.  Good luck.

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Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

https://link.chtbl.com/tsos?sid=podcast.salesbabble

Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

Check out PearlDiver.io

 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

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Six Taoist Sales Lessons That Make Common Sense #491

Six Taoist Sales Lessons That Make Common Sense #491

Each week the Sales Babble podcast applies the Taoist philosophy to some aspect of sales. We may talk about prospecting, qualifying, or closing, and dig into the details with some practical Taoist examples with little parables involving Pat, Chris, and Lee. This is a topic near to my heart. I started studying Taoism for over over 30 years ago. From my studies, I’ve come to some realizations that I want to share. So this week I’d like to diverge and take a broader view than one topic and instead talk about some Taoist lessons that apply across all aspects of sales, and life too. Here are six Taoist sales lessons that make common sense.

This first lesson is to embrace change.

Change is the one thing that never changes and there is nothing you can do about it. Change is how we measure time and we are all time bound. We see this in the markets all the time. One month a product is hot and easy to sell. And then by the next season, nobody wants it. Some changes happen slowly, some in an instant. Either way, if you accept that nothing remains the same but change,  you’ll live a happier life. As Lao Tzu says,

“Life is a series of natural and spontaneous changes. Don’t resist them; that only creates sorrow.”

The next lesson is to let go of labels.

Language is a highly useful and fascinating part of human evolution. One of its downsides is the need to categorize and label everything, particularly people. This is easy to do when you’re trying to quickly peg a prospect. Salespeople like to pride themselves on being able to quickly size buyers up. But too often we are wrong and project stereotypes that don’t fit the situation. Plus we like to label ourselves with opinions like “I can’t do this or I’m only good at that.” Lao Tzu urges us to avoid defining and labeling. Approach your life without judging. Accept others for who they are, and accept yourself too. Lao Tzu encourages us to be our authentic selves and not pretend to be some label. Lao Tzu says,

“Those who define themselves can’t know who they really are.”

The next lesson is to stop looking for validation.

Too often we care too much about what other people think. When we abdicate our power to others, they have the ability to control our hot buttons. We lose agency. This can happen when we deal with our bosses, and customers too. Needing the stamp of approval from others can self-sabotage everything you do. Lao Tzu urges everyone to let go of the need for outer approval. He says,

“Care about people’s approval and you will be their prisoner.”

The fourth lesson is to genuinely be generous.

We like to think of ourselves as generous, especially when we think of the things we do for family and friends. You may also go out of your way and help your customers and give a little something extra to loyal clients. But for Lao Tzu, generosity goes beyond sometimes being generous or giving things. It involves a mindset shift from “What will this get me?” to “How can I give in this situation?” It’s not about a “give to get” mindset that will somehow help you make your commission. Lao Tzu emphasizes that giving is actually the best way to receive something more beneficial than possessions or objects. He says,

“The sage does not hoard. The more they help others, the more they benefit themselves. The more they give to others, the more they get for themselves.”

The next lesson is to help others.

The greatest form of generosity and giving is offering your time and energy to others. In my experience, when I’m unsure of what to do next, I move my focus to others and understand their desires, challenges, and fears. It is then that I know what to do. This naturally applies to sales when qualifying prospects to see if we can help, and it applies to closing too, allowing the prospects to make the decision they want to become customers. As a seller, we’re just here to help.

We are social animals and people are happiest when we’re part of something greater than ourselves.
Lao Tzu said,

“The sage has no mind of their own. They are aware of the need to help others. They are good to people who are good. They are good to people who are not good. Virtue is goodness.”

Lastly, make gratitude a daily practice.

Gratitude comes naturally when you start to observe all the thank yous that you say throughout the day. For me that first cup of coffee in the morning is such a joy. It reminds me that to be alive is a miracle. When you feel appreciative of what you have, it creates deep empowerment and peace within you. As sellers be thankful for having a product or service that provides value. Be thankful for your leads, your office, good health, and the confidence to prospect. Lao Tzu reminds us to appreciate that real wealth is in realizing how blessed you already are. He says,

“If you realize that you have enough, you are truly rich.”

And that’s the last lesson for today.

To review the Taoist sales lessons, first embrace change, next, let go of labels, the third is to stop looking for validation in others, next genuinely be generous, the fifth is to always help others, and sixth and last is to make gratitude a daily practice.

Taoism instructs us how to live in harmony with the world and the energy found in it. One of the main ideas is the belief in balancing forces, or yin and yang. Yin and Yang show that everything in the universe is connected and that nothing makes sense in isolation. We see this in the organizations we work in, communities we live in, and the markets we sell in. It’s all connected and it’s all one thing. The sooner we set our narrow sense of self aside and accept this interconnectedness the easier our lives become. These six lessons are only the tip of the iceberg. Next week we’ll cover six more. But for this week, let’s focus on this moment in time.

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Science of Scaling Podcast

Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

https://link.chtbl.com/tsos?sid=podcast.salesbabble

Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

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How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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If It Fits They’ll Buy It #490

If It Fits They’ll Buy It #490

Stop me if you’ve heard this one.  One day a lady was walking down the street and she noticed a dress in the shop window. Instantly she thought that it might be the perfect dress for the wedding she was attending that weekend. She immediately walked into a boutique and asked the sales lady “May I try on that cute dress in the window?” The sales lady replied; “Absolutely ma’am, but wouldn’t you be more comfortable in a dressing room?”

This is master selling! The sales lady understood that what the buyer said, was not exactly what she wanted. Great sellers can read between the lines. But as in most sales, buyers often want to try a new product before buying. We see this all the time with freemium apps and 30-day money-back guarantee trials. This requires patience to give buyers the chance to “try it on” and that’s the topic for today.

Today’s Chapter –  TRYING ON A COAT

To purchase a new coat, the buyer must first try it on.
Reflecting on the style and color
They view it from all angles
Looking to see if it will fit their needs.

When people see some things as beautiful,
other things become ugly.
When people see some things as good,
other things become bad.

The Master Seller knows
Some coats fit, some do not.
They have no desires of their own
They dwell in reality and never force.

If they can help, they will.
If not, they leave it alone.

Today’s  Story –

Pat and Chris met for a 1-on-1 to walk through the month’s sales pipeline. There was one deal that seemed to be stuck. It was a moderate size deal, not too small, but not that large. Chris avoided talking about the deal but with Pat’s urging, Chris conceded it wasn’t moving.

“I’m not too sure what to do,” said Chris. “We set them up with a free pilot and they’re using it. I keep on top of them, asking if they have any questions. They say they’re fine and still looking. One of their staff accidentally shared that they’re piloting one of our competitors. I’m just not sure what to do?”

“Have they been using the customer success hotline?” asked Pat.

“Yes ”

“And you can see them using it every day?”

“Well not every day, but at least once a week, especially on Friday mornings”.

Pat paused.  “We may have exactly what they need. But then again maybe not. Stay in dialogue and keep trying to help and discover if there are any gaps in our offering. It doesn’t do any good pushing them to close. If they’re not ready, they’re not ready.  Let’s stay positive and keep helping.”

Take Action Quote

Gertrude Stein famously said, “Whoever said money can’t buy happiness simply didn’t know where to go shopping.” Although buyers might seem distant during a sale, secretly they hope you have the solution to all their suffering. But if you only have a partial solution, that may not be enough value for the buyer to buy. It’s a case of the Golden Rule – they who have the gold rules. In this case, it’s the buyer who has the gold and their desires rule the day. All you can do as a seller is offer to help. If it fits, they’ll buy it.

Support Our Sponsors

Science of Scaling Podcast

Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

https://link.chtbl.com/tsos?sid=podcast.salesbabble

Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

Check out PearlDiver.io

 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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Lead Gen Innovation Pearl Diver with Nick Lissette #489

Lead Gen Innovation Pearl Diver with Nick Lissette #489

Today on Sales Babble we meet Nick Lissette the founder and Chief Executive Officer of Blackpearl Group. Black Pearl is the company that created our sponsor, Pearl Diver. Pearl Diver is the tool that allows you to see who’s visiting your website, even if they never signup or connect with you.  Nick has over a decade of experience working with cloud-based services. He started with anti-spam software and now leverages his expertise to use big data technology to help sales organizations discover hot leads.  Today Nick and I talk about startups, technology, sales, and most importantly, lead generation. 

Topics Discussed

I asked Nick about his origin story, entrepreneurial adventures, and challenges and successes along Pearl Diver’s journey.

    1. What inspired you to become an entrepreneur, and what drove you to start your own business? You have a negative attitude about spam, right?
    2. How do you identify and evaluate new business opportunities with Pearl Diver? What criteria do you use to determine if a venture is worth pursuing?
    3. Who’s your ideal client?
    4. What makes Pearl Diver unique, how does it stand out from the competition?
    5. When customers use Pearl Diver what are the results they’re experiencing?
    6. What’s been the biggest challenge to get Pearl Diver off the ground?

Science of Scaling Podcast

Here’s a link to the hot new The Science of Scaling podcast. If you’re looking to grow your business’s revenue and sales, this is the podcast for you. Follow the podcast so you never miss an episode. 

https://link.chtbl.com/tsos?sid=podcast.salesbabble

Pearl Diver

Would you like a super simple way of knowing in detail who’s visiting your website? Pearl Diver does that by sharing details on name, email, phone, address, and business website for anonymous visitors. If they’re looking at you they’re probably qualified.

Check out PearlDiver.io

 

How to Connect with Pat Helmers at Sales Babble

Sales Babble shares selling secrets for non-sellers.  Masterful selling is deeply understanding what buyers need, discerning if you can help,  showing what you have, and helping them to make a decision that is both good for their business and yours. See https://salesbabble.com

This is a production of Habanero Media https://habaneromedia.net

Got a Question?

Does something about today’s episode got you thinking? Do you have a question or a comment you’d like to share?

If so “babble me” an email here, or if you can’t wait chat with Pat now.

Maybe you’d like to share your musings on the podcast? Leave a voice message here. We’d love to hear your thoughts. Don’t worry about babbling, we prefer it.

 

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