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Lessons from top sellers 🏅
Learn from Brandon, Alex & Jacob
lessons from top sellers 🏅
Daily Sales Newsletter August 16, 2024 |
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Hey, this is SalesDaily. It delivers sales insights like pouring coffee into your cup – strong, invigorating, and ready to get things done.
In today’s issue:
Brandon Fluharty: Lessons from 20 years in sales
Alex Newmann: 8 mistakes I made
Jacob Karp: My key lessons
Christian Krause: 26 things I wish I knew
Lessons from 20 years in sales
Brandon outlines the seven hardest lessons he learned from a 20-year sales career:
It all starts with intent: People may judge your actions, but you have to live with your intentions. keep them pure.
You're a human first, professional second: Avoid the 24/7 hustle trap. work hard and smart based on your own principles.
Embrace long-term thinking: Patience pays off in the long run. remember to keep your intentions pure.
Make staying calm your superpower: Worrying changes nothing. stay calm when things go wrong.
Failure is just a data point: Reflect on failures to turn challenges into lessons.
To go far, you need high-quality systems: Good systems help you make better decisions with your time, energy, attention, and money.
The only scoreboard that matters is your own: Avoid comparisons. focus on being better than you were yesterday.
8 mistakes I made
Alex on eight mistakes he made as a sales rep and the lessons he learned:
1. Defensive reactions: When prospects challenged him, he got defensive. Using call recording software helped him learn from his calls.
2. More isn’t always better: He defaulted to making more calls and emails, burning leads. Instead, he should have improved his messaging.
3. Lack of preparation: He winged his calls, thinking he was naturally good at sales. Practicing would have made him more polished.
4. Poor qualification: He didn’t differentiate between almost qualified and actually qualified leads, wasting time on bad deals. Implementing a qualification framework is crucial.
5. Looking for shortcuts: He searched for hacks instead of putting in the hard work. Great sellers put in the effort to learn.
6. No documentation: He didn’t document his processes, making nothing repeatable and wasting time.
7. Lack of measurement: He didn’t measure his work, so he had no idea what was successful. Identifying what works is essential.
8. Self-criticism: He was hard on himself, never celebrating wins and dwelling on losses. Sales has ups and downs, and being kind to oneself is important.
Takeaway: Implement what you learn immediately and consistently until it becomes second nature.
Advice after 10 years in sales
Jacob’s key lessons from over 10 years of sales experience:
Know the business: understanding your prospect's business is essential.
Warm intros win: a warm introduction or referral beats mass prospecting messages.
Start multithreading early: engage multiple contacts before your first meeting.
Focus on outcomes: prospects care about outcomes, not your product.
Identify key roles: know the difference between coaches, champions, and detractors.
Rare compelling events: truly compelling events are uncommon.
Align with prospect timelines: their timeline matters more than yours.
Budget follows importance: budgets appear if the problem is critical.
Navigate pricing gates: have a plan to clear all pricing hurdles.
Involve legal resources: legal teams get involved only when deals are real.
Expect procurement demands: procurement will always ask for more.
Text with your champion: for big deals, maintain close contact with your champion.
Closing is just the start: closing a deal begins the next phase of the relationship.
TO-GO
zoë hartsfield: Things that made me a top SDR in 4 months
Will Aitken: 8 lessons I learned as AE
Keith Weightman: 5 Rules to help you become a better seller
Christian Krause: 26 things I wish I had known back then
QUOTE OF THE DAY
"Learn from the mistakes of others. You can't live long enough to make them yourself."
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