July 14, 2006

 
 
 

 

 
 

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"We Are Always Harvesting Something We Planted"
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Why accept less than the best of the best? 

I have been thinking lately of why businesses and salespeople struggle. Working with my clients, my own business and the many salespeople that I have coached over the last 30 years, I have come to one major conclusion: We accept less than the best of the best.

Why do we? Why do we assume that we deserve less than the best? Why is it that we waste precious energy and resources struggling to serve clients and even employees that were not a fit from the beginning?  

My answer, for me anyway has been this: I was attached to the outcome. I thought that I needed the business. How could I say no to a prospect? Wasn't it my job to sell them? Didn't I have a quota to meet? The bills were pressing, how could it hurt to take this one job for less? Was it my business to say no to someone who wanted what I had to sell, even if it was under demanding circumstances? What if it meant that we did not make a profit, then? Even if it meant that we had to bend over backwards or beyond and when that was still not good enough?

I mistakenly believed then that the prospect was in charge and that any business was good enough. Today, thankfully, I know that this is not true.

We NEVER have to settle for less than the best of the best. 

How do we get the best of the best, you ask?

  1. Start with the end in mind. What is the ideal prospect or customer for your business? Who is the ideal? What makes your company the best of the best to serve their market? Do whatever it takes, spend whatever time or money and set your company up to serve the best of the best if you are not suited to serve that market now. Why would the best of the best buy from you? Understanding who your ideal customer is and how you are the best at serving them helps you prepare questions that will determine if they are a fit for you and you for them. You are doing both of you a favor by uncovering what is the ideal supplier or company to serve their needs. How can you walk away if you are uncertain what will absolutely NOT work for you?
  2. Be certain about when to walk away. Certainty is not only necessary it is absolute here. You cannot waiver on this. You could decide to set up a trial if you are feeling like a prospect could be a fit, a trial with the upfront understanding that you are trying them out... that you are uncertain if you are the best fit for them. Explain upfront in the call, that you are going to ask a lot of questions because you are there to help them find the best fit, NOT TO SELL THEM ANYTHING. Tell them you are there to help them buy the best solution, even if it is not you. You could also tell them that you do not sell everyone and ask; "is it ok with you if, at some point, I feel that we are not a fit for each other, that I tell you?"

    Buyers today are very sophisticated. Chances are they have already done a lot of research about their choices in the market, before they invited you in. The old days of selling are over... people buy from people they like and trust and you build trust by being open and honest. People are relieved when you help them buy, and if they do not buy from you today, they will tomorrow or they will refer you. I have often consulted software companies and their customers biggest complaint are that they lie about everything... delivery dates, the cost of writing extras to the program, service times... everything. Imagine their reaction to a salesperson that told them upfront things like "we are not the best at delivery times... some times we take over six months to deliver special fixes to the software... how do you feel about that?" Most of the competitors are lying saying things like..."Oh, we get the extras written in no time... just a few days...." ... My clients tell the truth and their sales explode... who doesn't want to buy from someone who is honest?

  3. Detach from the outcome. You will not say no to a prospect if you are tied to your goals or the bills that are due... Let it go and you will attract what you want... You won't until you do, so do it now. When you let it go and say no to people who are not a fit... the Universe responds to your certainty. You will get the reputation of serving only the best of the best. I only help those who are truly dedicated to taking their "self" on. Those totally dedicated to being the best of the best, and today people pay me $2,500, $5,000, $20,000 and more to help them improve. I have clients committing to my programs for two, three and fours years or more. Do you think this would be happening if I had continued to say yes to everyone?
  4. Set your price and stick to it. That will help you say no. If they say "you're too high," you can say, "well that is my price, what do we do now?" Before you go, you can ask, "What is their experience in the past when they have gone with the cheapest solution?" All you want to do here is to have them hear, in their own words, whether the lower cost provider has been the best choice in the past. It could begin a new dialogue about what your "best of the best" services would bring them. If not, you cannot lose what you did not have. Walk away. Certain, sure and assured knowing that the "best of the best" are on their way to you.

  5. Spend some time each day, at the beginning or end, or both if you can, visualizing and meditating on how the best of the best customer would look and feel. See, in your imagination, large contracts, happy customers, big checks with your name on them. See you being stretched and challenged by these "best of the best" clients. Feel how it would feel to win these great clients. Feel how it would feel if you only targeted and won the best of the best. How much of the market share do you have? 1%, 2%, not even 1/10 of 1% (I bet that is the truth)? So, why are you targeting the lowest 1/10th? Why aren't you starting at the top of your market? IF YOU ARE ONLY GOING TO SERVE 1% OF YOUR MARKET TOPS, WHY ARE YOU OPERATING AT THE BOTTOM?

Try this out for two years.

Start with the end in mind; define what the best of the best looks like. Set your company up to serve the best of the best if you are not yet capable. Be certain of your new direction. Who do you prefer to buy from? Confident, assured and certain people or wishy washy dish rags that work for anyone? Or for any amount? Set your price. Detach from outcomes and be prepared to walk away. NO, will never sound better, when it comes from you or them, if you will not budge, if you are certain. Spend quiet time seeing your goal, feeling how it will feel when it happens. IT WILL HAPPEN IF YOU ARE CERTAIN OF IT. BE PATIENT.  

Remember, if you only have 1/10 of 1% of the market, which end makes the most sense to spend your resources on?  

Who deserves it more?

I can't think of anyone better, can you?

Gratefully yours,
Steve

 
 
 
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