120: Allen Hammer | Know When It’s Time to Walk Away
Jan 15, 2019•29 min
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Episode description
Takeaways
- Disqualify Early: If you want to save both yourself and your prospect time, then it’s your job to disqualify them as early as possible. Now, if you have a weak pipeline or don’t like prospecting, I know you will hang on to every opportunity like it’s a bar of gold, but it’s likely costing you. Instead of trying to figure out every possible way your product could work for them, focus in on the two or three things that would make it not a fit, and be transparent about it. Doing this will allow you to spend more time working deals that can actually retire your quota and earn you a commission instead of promising your VP that the deal will come in.
- Pick Your Path: If you are a star in sales and find yourself regularly hitting or even exceeding quota, don’t think that the only next step for you is to become a manager or even VP of sales. The skills you need to train, manage, and get the best out of other reps is completely different than the skills you’ve worked hard on developing. Additionally, more often than not, you’ll also take a pay cut in order to get those new found responsibilities.
- You Don’t Have to Be the Best: In the 80’s, the car rental company Avis rolled out a brilliant ad campaign claiming to be #2 behind Hertz and claiming “we try harder.” How many times have you claimed your product or service to have the best this or the greatest that? Here’s the deal, it’s annoying as hell and is often met with an eye roll you can’t see. Plus, how do you know? Because your marketing department told you so? Instead of leading with arrogance, acknowledge that there are other solutions out there and your goal in the conversation is to determine the reals needs of the prospect and promise them you’ll try harder.
- The Transparency Sale by Todd Caponi
- The Grapes of Wrath by John Steinbeck
- Costello - What if every sales rep inherited the habits of your best rep? With Costello, they do.
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