Month: March 2020

Building a Services Business Episode #12

In Episode 12 Building a Services Business, the focus is on what it takes to add a services revenue and profitability stream from the ground up to your existing product-based business to diversify offerings, create a reoccurring revenue, improve profitability and EBDITA.

Subscribe to the Podcast on AppleSpotifyOvercast and other popular podcast applications.

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Selling Over the Phone Training for Remote Workers

Hope everyone is safe and well and given the circumstances business is good. Given a number of my clients and friends have been impacted by having their sales teams begin to work remotely. On Monday we did a super quick live selling over the phone training that built on the Phone Sales Skills post from last week and then quickly covered listening skills and best practices for leaving a voicemail .

Listening Skills Phone Selling Over the Phone

Generally speaking the stereo type fits for many people not just sales professionals. We talk too much and listen too little. One Mouth Two Ears. Sure there should be interactive two way dialogue and naturally flowing conversation. So in short your role is not to perform a soliloquy nor should your questions reassemble and interrogation from Law and Order.

  • Ask a Question and Shut Up. Being direct let the customer speak,
  • Respond if the Customer Ask a Question
  • It’s Not About You – Make it About the Customer’s Needs.
  • Question, Clarify, Paraphrase and Repeat
  • Using Mute as Your Super Power
  • Active Note Taking

The Art of the Voicemail

Voicemail when used correctly can be a powerful tool to engage current customers, make your name recognizable to prospects and new contacts, and occasional get a call back.

  • Script vs. Talking Points
  • Slow Your Speech Pattern Down to get the Best Results
  • Get to the Point Don’t babble on about nothing
  • Ask for an Action or Response
  • Repeat your Name
  • Leave Your Call Back Number Twice

Whenever you’re ready… here are 5 ways I can help you grow your sales:

1. Register for and watch my free webinar on Opportunity Management.

It will give you three things you can use today to begin transforming your business and close sales faster. Learn how to identify your best opportunities. Know Who the Decision makers are, and what their buying criteria is. — Click Here

2. Subscribe to my “Weekly Sales Leader Newsletter” – Click Here

  • Join the Bowties and Business Facebook Group to connect with other Sales Professionals and business owners that are focused on growing their careers, businesses, and sales too.

It’s our new Facebook community where top performers learn to Accelerate Sales, Compete Harder, and Exit Time Wasters. — Click Here

  • Join our Sales Coaching and Opportunity Management Program and be a Case Study

I’ve put together a new coaching case study group. Not only is it live training and coaching led by me and my team but It’s based on the exact program we have been using with corporate clients and our teams. If you’d like to work with me on growing your business to a new level… just send me a message with the words “Case Study”. — Click Here

5. Work with me and my team privately

If you run a team or own a business and would like to talk about how to transform their performance or how we can help to grow your business… just send me a message with the word “Team”.  Tell me a little about your business and what you’d like to work on together. It’s easy just follow the link to set up a 30 minute call and get I’ll you all the details — Book a Meeting with Tim!

Kim Kibe Episode #11… Discovering her passion

In this episode from cakes to classroom to worldwide fitness trainer we talk to Kim Kibe about how she built her business and a life she wanted by discovering what her passion is….. With a strong background in English Literature and life long Ozzy Osborne fan Kim Kibe has worked across academia, the public school system, and the business world yet none of it was her true passion.

If you like what you heard on the Bowties and Business Podcast you can listen here each week or subscribe on iTunes and Spotify along with a variety of other podcast applications.

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10 Keys to Be More Successful Episode #4

This is the very first episode we did based on a listener and friend’s request. And as I tell briefly in the story she really is an amazing young woman who I have enjoyed knowing and watching her grow into the person she is and career she has developed. I’ll spare you that now but will you can find it at the end of the post. Coming up with the “10 Keys to Be More Successful” caused me to reexamine not only what has worked for me but also gave me the chance to remember why I really chose to make the changes I have. Because everyday I want to help everyone I meet “be more successful in business and in life.”

You can always listen to the podcast here and we love you for it but a great life is about choices and options so you can find me and subscribe on Spotify and Apple Podcasts as well as a host of others services.

 

As always we want to give you access to additional resources to help you find your success. In addition to this post you can read a longer work 10 Steps to Success Simple but Effective which compliments this piece.

For today though even though the main topic points are the same let’s look at things both visually and from the perspective of understanding how to apply each of them.

Define what is success for you not someone else! 

Stop for a minute and think about what success is to you. Seriously get out a piece of paper and start a list. In fact if you have a sheet of paper divide it in 3 and make three headers.

One for “Professional Success”, One for “Personal Success”, and the Third One is “Other”. If you don’t define it you can’t know if you are on the right path. It’s too easy to look at what you have done after the fact and not give yourself enough credit for the accomplishment.

Fill each of the sections with your goals for that area of your life. Professional and Personal should be obvious, one is your business work related life and the other is your relationships and activities outside of work, such as read more books, get healthy, drink more water. Other is less defined things so it might be, call my Mom more often, be home in time to take my kid to football practice.

Under Professional Success it’s time to get critical. Take a big dark marker and line out any goal there that isn’t really yours. If you haven’t looked at it thought about it and signed up for it it’s not really your goal. It’s someone else’s. This is not permission to not do what you need to at work, blow off your boss’ pet project etc. Right now that why don’t matter, cross it off your list. That is their goal/project not yours!

Have you done it? Come on be bold. Now look at what’s left, add things you want to do and accomplish professionally. Little things are great, big things are great a mix of all sorts of things is best. Don’t hold back.

Now do the same thing for what you want to accomplish personally. Every year I write down I want to lose weight and get down to 175lbs. And every year I miss is. Mainly because I love chocolate and pizza. So I set intermittent goals. How many work outs, how long, I did the same things for subjects like reading non business books and having days away from my work to plan new projects. Also learning new things but we’ll come to that one in more detail later.

Make your list to being more successful personally. Then do the same as above. Draw a line though anything that isn’t something YOU really chose.

As for other that’s the beauty of defining your own success. Other is what ever you want! If it’s positive, will help you grow, and expand your perspective then do it and also plan to call you Mother more and spent real time with the people in your life that make you happy.

Show Up Early

Easy one folks. As the joke goes “Hold my beer” or in my case non diet soda or omnipresent cup of coffee. This is both about being prepared but also respecting others as well as valuing your time.

What are the 3 most impactful things you can do with an extra 15 minutes in each of the categories above?

Do they align with one or more of the goals you listed above? Great then get to work and use the 15 minutes of extra time in your work day to achieve your professional goals. use the 15 minutes extra you make for yourself in your personal day to work towards a personal goal. Set 45 minutes aside for yourself on Saturday and Sunday (or whatever your “days off are” ) and nail the others on your list. Or “bank” that time and get away from it all if that is one of your goals.

Ask Questions

I had really amazing parents who gave me the ability to become who I am. I was extremely fortunate and am very appreciative. My dad told me when I was in grade school “Ask the teacher any question you want. Always be respectful but if you don’t understand, or something isn’t clear ask. If it’s still not making sense ask again. Their job is to explain it and your job is to understand the answer

Let me tell you my 6th grade teacher and a few visiting nuns thought it was the worst thing ever. The advice despite that served me well. Asking questions to gain understanding even in the age of google is still the way to. In fact that is what search engines are based off. Answering your questions. So take it back to the real world.

Try New Things

Since you already have pen and paper out let’s make another list. A list of things you want to try. Same rules as before; If it’s not something you have bought in on, cross it out. It doesn’t have to be your idea originally but if it is something you are not totally into then it doesn’t belong here.

Develop a Thick Skin

Anyone who knows me knows I grew up on old heavy metal. And a by product of that was 1980’s Hair metal. Not my main cup of tea. Which is Maiden, Priest, Sabbath with a dose of the “big 4” (Metallica, Megadeth, Anthrax and Slayer) and a chaser of Motorhead.

What does any of this have to do with keys to being more successful? Everything, especially when it comes to having a thick skin. Don’t be afraid to be different, see things in a slightly different light, and to hell with what the masses are saying.

A lot of artist beat the odds in their own ways to not just stay alive but thrive. Reinvent themselves, battle their demons, and hopefully find their own peace and happiness.

Sometimes in business and life you have to break glass. That is very different than being a bull in a china shop for no reason. And when all else fails dig in and fight for what you believe in. A thick skin certainly helps you stay on task and target. As Alice Cooper put it “No More Mister Nice Guy”.

Choose your Friends Wisely

When looking at the keys to be successful this one has a massive impact. Positivity and effort build on themselves. Look at who your friends are. Look at the ones who bring you the most you, who inspire and even challenge you to accomplish your own goals. Go to your phone if those people aren’t in your favorites add them. If you haven’t texted, talk to or spent time with them lately shoot them a quick message and reconnect. Don’t forget to call your Mom sometimes too.

Ask for Help

Sometimes we tend to focus on our weaknesses, often times lamenting about them but not taking proactive action to change them to strengths. Here’s your chance to do exactly that. Look at the areas of success you defined for your self. Give each one it’s own page. Now write down the specific skill or knowledge you need to accomplish each of them. Then look at your list of friends. Name any who can help because that is their area of expertise. If not think through who would be the right coach, mentor or friend who might be the perfect person to reach out to and start to build that knowledge.

You just asked for help, tied it to your own keys to being more successful and it didn’t hurt! Pretty freaking awesome right!

Give Without the Expectation of Getting

Sometimes in life stories just resonate with us. We have heard the same concept or even the same story dozens of times before it really sticks. In this case the story was told to me by a Methodist Minister.

It was about how when he was younger his sister and her husband were really and truly struggling to pay the bills. Jay and his wife had a young family themselves and didn’t have much money but were far better off by comparison. After all they had a roof over their heads and food to eat. So they scraped together hundreds of dollars, raiding savings accounts, giving up other things they would have liked and maybe in some ways even needed. All to help his sister out with money for rent and food.

Next time they saw his sister she wasn’t much better off but she and her husband did have a fancy new set of rims and wheels on their truck. Literally the couple had spent every cent and then some on a nicety not a need to have. They were thrilled and well Jay was angry.

Why? Because he gave her the money so they would have a place to live and food to eat. Not tires for a truck whose tires were fine. He gave with the expectation of a specific outcome. He never thought to specify what they should do with the money and essentially they blew it like a sailor on shore leave.

For some reason I can still see Reverend Jay sitting there telling the story. I understood how he felt but more importantly the concept of always give with the expectation of nothing in return stuck with me.

I am not a religious guy. It’s great if you are. That’s just not me but one of the most important lessons I have applied to my professional life happened to come from a preacher. Give credit where credit is due.

Always give others your best. Don’t expect them to use what you have given them in the way you thought they should. And it’s always best to give without expecting anything in return, whether it is a thank you or piece of mind your sister’s rent is paid.

On the upside professionally speaking it feels great when you have helped others along the way and they far surpass anything you thought your few minutes of advice and expertise could inspire.

Be Yourself

Really be yourself! It’s OK to have role models to follow, aspirations of heights you want to reach but none of them are worth having if you don’t know the person staring back at you in the mirror.

Looking back over the list and exercises so far look at all the keys to being more successful that you have listed. The one central theme to all of that is you. Real success is earned, planned, and worked towards and that is the greatest satisfaction of all.

Be Confident is an Essential Key to Being More Successful

In a lot of ways confidence is a by product of believing in yourself and having a thick skin. Part of what builds that confidence is all of the other experiences you have and are recognizing as an achievement.

Being More Effective and Efficient Episode #10

Being more Effective and Efficient with special guest Dorinda Haskel commemorates the 10th Episode of Bowties and Business Podcast .Dorinda is the first female guest to join the show and a trend we look forward to continuing.. Bowties Aren’t just for boys!

You can always listen to us here and we love you for it but a great life is about choices and options. So you can also find us and subscribe on Spotify and Apple Podcasts as well as a host of other services.

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Things to Consider When Business Conditions Scary Episode #9

This week we take on what to do when the stock markets are down and fears are rising.  Or said less politely “Things to Consider when Business Conditions are Scary”. The short answer is businesses make adjustments, they evaluate, adjust to weather the storm, adjust course and go on. 

In this episode Tim talks about his experiences with the run up to Year 2000, Post 9/11 Business conditions and the telecom meltdown and how the 2008 financial crisis ultimately gave rise to more opportunities in many industries

Subscribe to the Podcast on Apple, Spotify, Overcast and other popular podcast applications.

Account Segmentation for the Individual Contributor Episode #8

How Sales Reps look at their book of business is critically important.  In the episode Tim take on Account Segmentation at the individual contributor level and challenges the notion that more accounts are always better and take you though looking at not just the 80/20 rule but at how by focusing on fewer accounts and going deeper helps your business grow.

If you like what you heard you can subscribe on iTunes and Spotify,