Latest / The SmallBizChat with Melinda Emerson / Do It! Selling with David Newman
Transcript
- 0:00One of my friends and early mentors, Sam Silverstein, who's an accountability expert,
- 0:04the phrase that I keep coming back to of Sam's.
- 0:08Is are you willing to do what you have to do so you get to do what you want to do?
- 0:15And sales is one of those things that we have to get better at so that we get to do what we
- 0:21want to do which is deliver the main product or service or program of our core business.
- 0:273, 2, 1,
- 0:310 ignition, liftoff.
- 0:36Ending small business failure.
- 0:39Welcome to the Small Biz Chat podcast with the number 1 small business expert, Melinda
- 0:44Emerson.
- 0:45Melinda's goal is to end small business failure, and she'll give you the information
- 0:50you need to succeed and live the life you dream of.
- 0:53Now, here's your host.
- 0:55The small biz chat lady herself, Melinda Emerson.
- 1:01Or you renew Shine or a national still age, join me in Philadelphia, September 21st to 23rd
- 1:07for brand and demand live.
- 1:09I wanna teach you how to become a national sought after brand in your field.
- 1:14It's time for you to take the spotlight that you deserve.
- 1:20Hi, everybody.
- 1:21I'm Melinda Emerson, the small biz lady.
- 1:23America number one small business expert, and I'm so excited to welcome you to another
- 1:28episode of the small biz chat podcast.
- 1:31Now if you're looking for ways to boost your sales, you're in the right place.
- 1:37We have suggestions for fixing your mindset about sales.
- 1:41If you're one of these people that just hate sales, here on the small beach chat podcast, we
- 1:46talk about how to start and grow a successful small business.
- 1:51My guests have amazing insight to share, and you will get sage advice from multiple angles.
- 1:57The mission of small business chat is to end small business failure, and that is always our
- 2:03goal.
- 2:03You can watch the small business chat podcast on my small biz lady Facebook fan page or my
- 2:10YouTube channel.
- 2:11So please feel free to like and share and subscribe because we want more people to get
- 2:16this valuable information.
- 2:19Now it's time for me to turn to my very first guest David Newman, he is the author.
- 2:24He is the best selling author of DeWitt Marketing, and his latest book is DeWitt
- 2:29selling He's also the founder of the Duett MBA mentoring program and host of the selling show,
- 2:35a top rated business podcast with over 300 episodes.
- 2:39David Health's professional service sellers land better clients, bigger deals, and higher
- 2:45fees.
- 2:45And that's what he's about to help all of us do For more information, head over to do it
- 2:51marketing.comforward/selling.
- 2:54David, welcome to the small business chat podcast.
- 2:57Hey, Melinda.
- 2:58It's great to be here.
- 2:59Thanks for having me.
- 3:00Oh gosh.
- 3:01You know, you are somebody who I have known since before the world knew the small bus lady.
- 3:06So it's such a pleasure to have you here.
- 3:08And I want you to start by telling us your your sort of origin slash evolution story.
- 3:14Sure.
- 3:15Well, I had a legitimate job at one point at a 10 year inside corporate consulting career.
- 3:22Working for big technology consulting, HR, and management consulting firms.
- 3:272002 went out on my own.
- 3:30Figuring I know how to train.
- 3:32I know how to speak.
- 3:33I know how to consult.
- 3:34How hard can it be?
- 3:36And guess what?
- 3:38I found out how hard it can be because at that point as an entrepreneur, and, of course, I
- 3:43wish I had had small biz lady in my pocket back then, but She didn't exist back in 2002.
- 3:49It's not about doing the work.
- 3:52It's about getting the work.
- 3:55And I was a disaster at marketing and selling, and I hit every brick wall and every dead end.
- 4:01I made every mistake in the book I made the good ones twice, and it was such a struggle
- 4:07that the evolution of my business was looking back on that 4 little struggling corporate
- 4:13refugee and say, what do I wish I knew?
- 4:16What capabilities?
- 4:17What competencies?
- 4:19What strength that I lacked then that I can now give to people who are newer entrepreneurs or
- 4:26even mid career entrepreneurs and even a few advanced very successful entrepreneurs to help
- 4:31them break through to their next level of revenue and resolve.
- 4:35So it all started, but it started at kind of a hot mess and a disaster.
- 4:40Rising you became your own best student first, basically?
- 4:43Yes.
- 4:44Yes.
- 4:44Yes.
- 4:44Yes.
- 4:45So how then, you know, you realizing that people need to learn how to sell lead to you
- 4:51creating the the do it the do it marketing MBA?
- 4:55Like, how how did that come about?
- 4:58Yeah.
- 4:58Well, it's funny because I had started out doing a lot of one on one coaching.
- 5:03So one on one coaching then led to online courses.
- 5:06The problem with online courses, and I think this is still the problem today.
- 5:10My first online course came out 10 years ago.
- 5:13People would buy the course.
- 5:16And, Melinda, you know this, and it's it's just the sad fact of life, People who are
- 5:21information junkies, they buy the information, they download the information, they may even
- 5:28look at the information, but they don't implement the information.
- 5:32Right.
- 5:33So rather than say, hey.
- 5:34Here's a course.
- 5:35Good luck, we'd now started to add mentoring and coaching and personalized guidance and
- 5:42accountability, and that's really the secret formula of our MBA mentorship, it's not just
- 5:49teaching it to you.
- 5:50We teach it.
- 5:51We coach it.
- 5:52We do it with you, and there's even some done for you.
- 5:55Components to it so that people really generate results unlike passively watching a course or
- 6:01buying a ebook or downloading yet another stream of videos that you're never gonna take a
- 6:06look at.
- 6:07Right.
- 6:08Right.
- 6:08So what do you think are people's biggest challenges with sales today?
- 6:14Well, I think it's very similar to what to what my experience was is that we start a business
- 6:20because we're great at doing the work.
- 6:23And I don't think you do ask any entrepreneur, any small business owner.
- 6:27Hey.
- 6:28Why did you get into the business that you're in?
- 6:30Very few of them would say because I love selling.
- 6:35I love sales.
- 6:36I hope I get to sell all day, every day, 20 fourseven.
- 6:41Yes.
- 6:41I've got a business that does x, y, and z But, man, do I love the sales process?
- 6:46Sales is almost always an afterthought, and sales is almost like a necessary evil.
- 6:52So when I sometimes talk to entrepreneurs, and I say, you know, most of the people I talk to,
- 6:58they love the work of the the work.
- 7:00They love the work of the work.
- 7:02They just don't like the sales part, and they hold up the sales part like it's a little dirty
- 7:06rat.
- 7:07And it's like, oh, I have to do this.
- 7:10So one of my friends and early mentors, Sam Silverstein, who's an accountability expert,
- 7:15the phrase that I keep coming back to of Sam's.
- 7:18Is are you willing to do what you have to do so you get to do what you want to do?
- 7:26And sales is one of those things that we have to get better at so that we get to do what we
- 7:32want to do which is deliver the main product or service or program of our core business.
- 7:39Well, okay.
- 7:40So let's say I'm one of these people that hate sales.
- 7:43I'm not, but let's just pretend that I am.
- 7:45What could you do with somebody like me to help me get better quickly?
- 7:50So one of the first things that we talk about in this one of the early chapters in the do it
- 7:54selling book is take the word sales and selling out of your vocabulary.
- 7:59Replace them with 2 new words.
- 8:01Invitation to a conversation because no one's afraid of an invitation usually an invitation
- 8:07on the other end of that is something good, a picnic, barbecue, cake, singing, bourbon,
- 8:13invitations are good, No one's afraid of getting an invitation.
- 8:16No one's afraid of afraid of sending an invitation.
- 8:19Conversation is also great because conversations where you exchange ideas build
- 8:24relationships.
- 8:25Some of those relationships might end up as clients or customers.
- 8:29Some might end up as referrals.
- 8:30Some might end up as lifelong friends.
- 8:33So reframe selling as simply a series of invitations to a conversation about how you can
- 8:40help that person.
- 8:42I love it.
- 8:42So, really, it's it's sort of like about the service as opposed to the sale.
- 8:46Right?
- 8:46That's really what you're getting at.
- 8:48So Why is mindset and attitude so critical in sales?
- 8:53I think the number one thing holding people back is not a lack of strategy.
- 8:58It's not a lack of tactics, not a lack of templates, it's not a lack of script because
- 9:03all of those are available in abundance.
- 9:06Everywhere you look.
- 9:07There's blogs, there's videos, there's courses, there's all kinds of things.
- 9:11This is like reading a weight loss book, Most weight loss books say, you gotta eat less and
- 9:17move more.
- 9:18Most personal finance books Say, you gotta save money, tear up your credit cards, and stop
- 9:24spending more than your earning.
- 9:26But the personal finance books on Amazon and in your local bookstore, endless, weight loss
- 9:33books, endless.
- 9:34These are both 1,000,000,000 and 1,000,000,000 of dollar industries because knowing what to do
- 9:39is not the challenge.
- 9:41Changing your behavior so that you actually implement and do those things That's where
- 9:47mindset comes into play.
- 9:49So we always work on 3 things at the same time mindset, skill set, and tool set.
- 9:54And getting people into action because action leads to traction, traction leads to momentum,
- 10:00momentum leads to results.
- 10:03Love it.
- 10:03Love it.
- 10:04So do you think that, you know, a lot of small business owners say they struggle with sales
- 10:10because they're so busy.
- 10:12And, like, who's got time for for cold calls?
- 10:15What's your answer to that?
- 10:17So cold calling is
- 10:18a gigantic waste of time.
- 10:20But everything that you have ever bought and one of the premises of the do it selling book
- 10:25is take off your salesperson hat put on your prospect hat.
- 10:28When you respond, to that initial outreach that you're sending out.
- 10:33If it's batch and blast spam, copy, and paste, blow everyone out of your LinkedIn network, you
- 10:39know, the connect and spam people, we wouldn't respond to that.
- 10:42So why in the world as a small business owner would you send that out there?
- 10:46But everything that you've ever bought of any significance started with an initial
- 10:51conversation, not a cold call, but an initial conversation based on research, relevance, and
- 10:57relationship.
- 10:59And how to do that research and how to show up on a prospect radar with something immediately
- 11:04relevant and immediately valuable where they're more than likely to go, wow.
- 11:08That's that's something that I should look into.
- 11:11That's something that's probably worth an initial chat.
- 11:13So sending out initial invitations to a conversation based on research, based on
- 11:20relevance, not worrying about making a sale, but really about serving before selling and
- 11:26helping before pitching, that's the key.
- 11:29And then from the helping conversation, you qualify or disqualify them to see if they're
- 11:36interested and see if they qualify for a sales conversation.
- 11:40I know that in your book, you encourage small business owners to stop doing crap they hate,
- 11:47to reach buyers.
- 11:49What what do
- 11:49you mean by that?
- 11:51Yes.
- 11:51So so many times we have this blanket advice, everyone needs to write back in the age of
- 11:57blogging when blogging was new, and that was sexy.
- 11:59Oh, you have to write a blog.
- 12:01You have to write a column.
- 12:02You have to write so many small business owners go, but, David, I I hate writing.
- 12:07And then we get some other advice.
- 12:09Oh, it's all about speaking.
- 12:11Because Melinda, you're a fantastic speaker.
- 12:12I'm a pretty good speaker.
- 12:14We do speaking to generate leads because it's an awesome one to many sales platform.
- 12:18I don't like speaking.
- 12:20I'm afraid of speaking.
- 12:21I don't think speaking's gonna work for me.
- 12:23Then we go to technology.
- 12:24Oh, you gotta use technology.
- 12:26Technology is amazing.
- 12:28Search engine optimization, you know, social media gotta engineer your website, lead magnets
- 12:33funnels.
- 12:33If you don't like technology, don't use technology.
- 12:37If you don't love writing, don't use writing.
- 12:40If you don't love speaking, Then don't do speaking.
- 12:44If you don't love networking, both online and in person, shaking hands and kissing babies,
- 12:49for heaven's sake, don't use networking strategies.
- 12:53Pick one thing.
- 12:54And out of all of those things, by the way, I know there's one thing.
- 12:58That you actually not only are great at, but that you probably enjoy and double down and
- 13:04triple down on the marketing activities and the lead generation activities that you find easy,
- 13:10effortless, and enjoyable because those are the only ones that will ever be effective.
- 13:15I love it.
- 13:16I love it.
- 13:16Alright.
- 13:16So one more question before we go to break.
- 13:19Is texting a good way to follow-up with sales leads?
- 13:22I think texting is tricky.
- 13:23Texting, you know, all the tech thing companies will say, hey.
- 13:26Text thing is great.
- 13:27Got a 90% plus open rate.
- 13:30Text people, they will get it I think it depends on how early in the relationship, you
- 13:36ask for that cell phone number and you start the texting, I think texting is an earned it's
- 13:42an earned medium, meaning that you need to build up some familiarity and some trust and
- 13:47some respect for that company who's gonna start texting you, you do it too early or you do it
- 13:53too shallow or you ask for the sale, before you've really earned the opportunity to ask for
- 13:58the sale, It becomes intrusive.
- 14:00That's where you get those hate packs.
- 14:01Like, who the hell are you?
- 14:02And I'm not giving this a family rated show, so I can't say some of the other things.
- 14:06That I've gotten back from some texts that were not welcome and not well received.
- 14:11But once you're in a customer or prospect relationship, Once that customer recognizes
- 14:17your name, maybe they've even been retargeted, so they visit your website a couple of times.
- 14:22Maybe they subscribe to some things.
- 14:24There, I think texting is the secret sauce because texting can be really, really awesome.
- 14:30The open rates and the intimacy and the ability to reply in a format that someone already has
- 14:35in their pocket most of their work day.
- 14:38I love it.
- 14:38I love it.
- 14:39Well, when we come back, we're gonna talk more with David Newman How to get better at sales,
- 14:44especially if you hate sales.
- 14:46Are you ready to become a boss?
- 14:49Hi.
- 14:49I'm Melinda Emerson's small biz City.
- 14:51Click the button below and take my free boss quiz.
- 14:55This assessment will help you learn your entrepreneur type and find the right business
- 14:59model for you.
- 15:00Get this information about the number one asset in your business.
- 15:04Yeah.
- 15:04That's you.
- 15:09Welcome back to the small biz chat podcast.
- 15:11I'm Melinda Emerson's small biz lady, your host, and we have been talking about how to get
- 15:17better at sales with David Newman.
- 15:20David, talk to me about the sales process.
- 15:24It is a lot more complicated than it used to be.
- 15:26What how many aspects should people be trying to really manage in their sales process?
- 15:31Well, the first thing about a sales process is you gotta have one.
- 15:35Meaning that most entrepreneurs, most small business owners, when you say, well, talk about
- 15:39your sales process.
- 15:40Feel like every sale rolls out on its own, Sometimes it's 3 touches.
- 15:44Sometimes it's 7 touches.
- 15:45Sometimes it takes 2 weeks.
- 15:47Sometimes it takes 2 months.
- 15:49So we enforce our own sales cycle.
- 15:51Meaning, if you're expecting a short sales cycle and you structure your sales process for
- 15:56a short sales cycle, that's what you will get.
- 15:59If you don't put anchors into the process, if you let the prospect kinda run the show and
- 16:05delay and procrastinate give you all kinds of excuses and stalls, then you will get a long
- 16:11sales process.
- 16:12What's really important is without getting into too much detail, You need to be the leader of
- 16:18that sales conversation.
- 16:20Never leave one conversation without booking the next touch point on the prospect's calendar
- 16:26and keep things moving towards a decision.
- 16:29Our job is not to sell products and services.
- 16:31Our job is to collect decisions.
- 16:34And to make those decisions clear and strong and calendarized so that you have a monthly
- 16:41goal and you hit that target You got a quarterly goal and you hit that target, and
- 16:45that leads to an annual goal for your revenue, and you're gonna hit that target.
- 16:49Love it.
- 16:50So what do you think is the best way to drive repeat business and referrals?
- 16:55I think the first thing you need to do is ask and also every initial sales conversation needs
- 17:01to have renewal and referral baked into the conversation.
- 17:07Don't make this an afterthought.
- 17:08Don't make this a surprise.
- 17:10So let's say that you're doing a project or a program, and maybe it's 90 days.
- 17:15Refer to that initial 90 days as our 1st 90 days together.
- 17:20And then should we decide to continue?
- 17:22Should we go on?
- 17:23Here's what phase 2 looks like.
- 17:25So people stop doing business with small business owners when the prospect or when the
- 17:30the client thinks they're finished.
- 17:33If you're always painting a bigger, better future, that, hey.
- 17:36There's phase 2.
- 17:37Hey.
- 17:37There's more things that we might do together.
- 17:40Hey.
- 17:40Let's get this piece of business done And then here's what you have to look forward to to
- 17:45literally bake in the renewal conversation and the upselling and cross selling.
- 17:50We call it upselling and cross selling.
- 17:52Find other ways to extend that value and start talking about that during the first sales
- 17:57conversation, not waiting until the end, And then similarly with referrals, when we ask for
- 18:03referrals, while we expect referrals, one of the ground rules of doing business with us, is
- 18:08hey Melinda.
- 18:09I assume that if we do a fantastic job for you that you might refer 2 or 3 other people in
- 18:14your world who are important to you, and that we can serve them in the same way that we're
- 18:18serving you.
- 18:18Would that be fair?
- 18:19Yes.
- 18:20It would.
- 18:20That's the little quick mini talk track.
- 18:22And then now they're thinking, well, who else can I refer A lot of people think, hey?
- 18:26Let's wait until the service is delivered.
- 18:29The peak of their excitement is right after they bought.
- 18:32It is not after the service is delivered, So ask for that referral conversation the moment
- 18:38that you seal the deal.
- 18:40Now that's actually information I have never heard before.
- 18:43So Go after them the minute they buy for the referral.
- 18:47Yeah.
- 18:47I love it.
- 18:48I love it.
- 18:48Okay.
- 18:49Well, wonderful.
- 18:50Well, last question for you, David.
- 18:51Tell me is the best business advice you have ever been given?
- 18:55Yeah.
- 18:55This is really, really important.
- 18:57What I was really studying, I had one of my early sales mentors tell me that David York So
- 19:02committed to being a better salesperson.
- 19:05Don't worry about that.
- 19:06Don't worry about being a better salesperson.
- 19:09Be a better person, and more sales will happen.
- 19:12Be more caring.
- 19:13Be more curious.
- 19:14Be more committed to your prospect success.
- 19:17And that advice has stood me in a very good stead for over a decade.
- 19:23I love it.
- 19:23I love it.
- 19:24Thank you so much, David Newman, for being on the show.
- 19:27Your wonderful new book.
- 19:29Do it selling is is worth a reined for sure.
- 19:32And when we come back, we're gonna be talking about how to use data to boost your brand.
- 19:40Or new revenue shine on a national stage, join me in Philadelphia September 21st to 23rd for
- 19:46brand and demand live.
- 19:48I wanna teach you how to become a national sought after brand in your field.
- 19:52It's time for you to take the spotlight that you deserve.
- 20:03Scribe to this podcast wherever you listen to podcasts and join us next Wednesday for more
- 20:08fantastic information and interviews.
- 20:11You can find more sources and small business success strategies by visiting Melinda's
- 20:15website succeed as your own boss.com.
- 20:19Thanks again for listening, and we'll see you next week.