Latest / Sales Pipeline Radio / How to Fall in Love with Selling
Transcript
- 0:00Music.
- 0:15All right. Hello, and welcome, everybody, to another episode of Sales Pipeline Radio.
- 0:20My name is Matt Hines. I am your host. Very excited to have you here.
- 0:23We've got a great guest and great topic today. I think you're really going to enjoy.
- 0:26But first, I just want to thank everyone for joining us who is joining us live today.
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- 0:59Every episode of Sales Pipeline Radio is always available past,
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- 1:06Very excited to have our guest today. He is the founder of of In the Funnel
- 1:11Sales Coaching, the author of the new book, Learn to Love Selling,
- 1:14Mark Cox. Mark, thanks so much for joining us today.
- 1:17Matt, thanks so much for having me today. I was really excited.
- 1:20I was as well. I don't know if we intended to do a home and away exchange today.
- 1:24You and I recorded your podcast earlier today and was super excited to have
- 1:28you join here today and have known of you for a long time. I've followed you and your content.
- 1:33And when I saw your new book coming out, I knew we had to get you on the show.
- 1:35So for those that don't know you yet, maybe do a little bit of intro of you
- 1:38and where and how you focus. Sure.
- 1:40So I am the president and founder of a company called In The Funnel Sales Coaching.
- 1:45We help sales leaders, salespeople, and BDRs and SDRs dramatically improve performance
- 1:51through sales training that actually impacts behavior.
- 1:55Prior to that, I spent most of my career running large sales organizations and
- 2:00outsourcing or technology companies.
- 2:02And two other passions in life, in addition to family, I'm a music fanatic.
- 2:07So I love all types of music and I'm still a terrible drummer after all these years.
- 2:12And I'm also a hockey fanatic. And so for 30 years, I've been loving the Toronto
- 2:17Maple Leafs, which will prove to your viewers that I obviously can't be that bright.
- 2:22Well, you're persistent and resilient, if nothing else. I'm in Seattle and we're
- 2:26year three of the Kraken.
- 2:28And it's been fun to watch Seattle really come up and really lean in with the
- 2:33team. And the Kraken has done a great job in the community as as well.
- 2:36Okay. So if we have time, we might get into a little bit of hockey because I
- 2:39am definitely on the learning curve.
- 2:41I love to watch, but it's much more technical than people realize.
- 2:44But let's talk first about this new book, Learn to Love Selling.
- 2:48You can get it at inthefunnel.com. You can find it on Amazon.
- 2:51I mean, you've been doing this for quite a while. You have your consulting firm
- 2:55for about 12 years. You've been doing sales and business for a while.
- 2:58Why this topic? What about this topic and this angle was really important to you?
- 3:03Yeah, what a great question. I think the topic and then the title.
- 3:07So the content of the book is really this comprehensive playbook of thinking
- 3:12about everything you need to do to convert your core business capability into revenue.
- 3:17And the model works at the leader level, at the CEO level, and at the salesperson
- 3:21level, managing their territories.
- 3:24But the reason I call it learn to love selling, I think there's a lot of people
- 3:28in the profession today having a pretty tough time. And I think that tough time comes from two things.
- 3:34First of all, the core understanding of what sales truly is today in 20 is wrong.
- 3:40There's a lot of folks out there who still believe it's the 40-year-old stereotype
- 3:44of pitching and cajoling and doing demos and that kind of stuff. And that's all gone.
- 3:50What selling really is, is just helping somebody achieve a meaningful business
- 3:55outcome in a way that's beneficial to them and you.
- 3:58So it's about helping not pitching and so
- 4:02those are these two things that i think dramatically improve somebody's
- 4:06joy of doing this job hey i need to know what to
- 4:09do but first in my mindset i need to understand okay what am i really doing
- 4:14here where am i adding value into the universe i'm helping people i'm making
- 4:18deposits in the universe i'm not asking for withdrawals and if you are selling
- 4:23in a way where you are interrupting someone's time asking them for
- 4:28making it a hundred percent ask, not having anything really to give in response.
- 4:32No wonder people have call reluctance, right? No wonder people don't want to get on the phone.
- 4:37I think there's a lot of reasons for it, but in part, I don't think people feel
- 4:41good about what they're delivering and what they're doing.
- 4:44Conversely, if you can figure out what is the value you provide to someone,
- 4:48not just getting them to sign the deal and to buy something from you,
- 4:51but what do you have a value for them where this interruption becomes irresistible, so to speak?
- 4:57Yeah. So well said. I think the first one, Matt, is this kind of spiral of doom, right?
- 5:02If you think you're just pitching and cajoling, you don't like what you do.
- 5:06The second thing you have to do in order to do that, people put up a veneer.
- 5:11Salespeople put up a veneer and have to put on sales face.
- 5:14I can't be my true authentic self. So they like what they do even less,
- 5:18right? And it's draining and exhausting. costing.
- 5:21Rather than looking at it saying, how do I prepare myself so that when I am
- 5:26reaching out, I have real insight and value and knowledge and best practice
- 5:31that I can give to someone.
- 5:33And if that's my intent of every call and every discussion, don't worry about the outcome.
- 5:38I'm not just trying to create a qualified sales opportunity.
- 5:41If I start with trying to add value and help, the outcomes will come our way.
- 5:45So when you get a lead that says, I want to learn more about you.
- 5:50That's a pretty easy phone call. When I am prospecting, that is a lot harder.
- 5:56So what are some approaches that you found work really well?
- 6:00I know you cover some of this in the book and in your training and workshops,
- 6:03but what are some approaches that can help people feel better about prospecting,
- 6:08feel good about the value you're providing and really learn?
- 6:10I don't know. Can you learn to love prospecting, Mark?
- 6:13That's our third book. The second one's Learn to Love Leading for Sales Leader.
- 6:18That's 14 14 months from now and then learn to love prospecting?
- 6:21I think you can. But first of all, again, let's start with this mindset.
- 6:24Yeah. You know, if people go into their job and what they do every day and they
- 6:27just think this is, it's a grind, you're never going to enjoy it.
- 6:32You've got to have a bit of the big picture.
- 6:33And so for those doing prospecting today, you should realize you're doing the
- 6:37most important part of the sales cycle.
- 6:39Every company out there wants more new opportunities and you create them.
- 6:44So when you get good at this, if you can figure out strategically how to get
- 6:48good at this, you're going to be of huge value to future companies,
- 6:51which means your value increases.
- 6:54The way I'd like to look at how to do this, Matt, let's make it easy for the folks listening today.
- 6:59What would you or I do? Let's say you're a president of a company.
- 7:02We're reaching out to another president of the company to talk.
- 7:05The two things we do if we reach out, first of all, there's no chance we're
- 7:09reaching out to anybody without doing research.
- 7:12So we would know the person we're reaching out to, the company.
- 7:16We have a point of interest. We have a reason for the call. You and I have okay
- 7:20business acumen and industry acumen. So we're doing that work.
- 7:24The second thing is we probably have a pretty good answer when the other person
- 7:28on the other end of the phone says, who are you guys? What do you do?
- 7:31We probably thought about our value proposition message.
- 7:35So we have those two things today, an articulate value proposition,
- 7:39and I can explain what's in there.
- 7:41And we do research and have that point of interest prior to every call.
- 7:45I think we're going to have dramatically better outcomes. And by the way,
- 7:48it helps us break through that wall that everybody feels.
- 7:51If you interrupt somebody in the middle of the day, you got seven to 15 seconds
- 7:55to break through the wall to get an authentic conversation out of them.
- 8:00Talking today on Sales Pipeline Radio with Mark Cox. He's the founder of In
- 8:04the Funnel Sales Coaching, the author of the new book, Learn to Love Selling.
- 8:08There's your approach to prospecting, and then there's the objections to doing
- 8:13it. And some of them are email is dead.
- 8:15No one responds to their email. You can't use the phone anymore.
- 8:19People aren't at the office. There's barely any office lines that work from
- 8:22home. Are these excuses or are these truths?
- 8:25Well, by the way, I think there's a little bit of truth in any comment out there.
- 8:29But depending upon who you've got on your podcast, you're going to have somebody
- 8:32saying, the phone's dead.
- 8:34You've got to do social selling. Somebody else is going to say,
- 8:36social selling's dead. You've got to do telephone.
- 8:39Somebody else is going to say, email is the way to go.
- 8:43I really believe, Matt, if I'm trying to build pipeline, line.
- 8:46I think the answer isn't either or,
- 8:48it's an and, but I'll make a couple of observations people should digest.
- 8:53You and I are old enough to remember a day where one of the more expensive expenses
- 8:58we had was our actual cell phone because we would just get so many voicemails
- 9:03in a given day, we would literally fill our voicemail.
- 9:06That's all gone now. Nobody leaves me a voicemail.
- 9:09So easy to stand out prospecting if
- 9:13you're intelligent and can leave a decent voicemail the
- 9:16second thing is as much as we say 40 50 of
- 9:20all the email going back and forth is spam it still does work in certain circumstances
- 9:25again i'm a big believer in doing the research and making it personal stop with
- 9:29the generic just pitch pitch pitch pitch if you show in the email you know who
- 9:34i am that might trigger a little more and then there are some great social selling strategies out there.
- 9:40And of course, you wrote a book on social selling not that long ago that had
- 9:44some very, very good ones in there.
- 9:45So I think today, if we want to get the attention and interest of somebody,
- 9:49we have to use every channel available to us.
- 9:51But we have to be good at those channels. It's not a volume thing.
- 9:54It's not a pure automation thing.
- 9:56We actually have to leverage our intelligence to personalize, humanize the reach out.
- 10:03Well, and I'm here to say the second biggest source of pipeline for us this
- 10:07year has been the telephone.
- 10:09I am calling people, leaving voicemails.
- 10:12It's following up from there. But it's that campaign that has really been successful.
- 10:18Now, it's not cold calling necessarily.
- 10:20It's warm calling. These are people that know me. They're not necessarily current
- 10:24clients or even past clients, but people that I know from various whatevers.
- 10:28But you leverage that and you have something of value to share.
- 10:31And I still have call reluctance. It's still hard for me to schedule and protect
- 10:36the time I need to do my prospecting.
- 10:38But I've really learned to enjoy it because I believe that I have something
- 10:42valuable to share and contribute when I do that.
- 10:45I know we've got a few more minutes here before we wrap up. I want to go back to May of 2013.
- 10:50So you have a long, successful career in selling. And in May 2013,
- 10:55at least according to LinkedIn, that's when you started in the funnel sales coaching.
- 10:59What's your origin story? A lot of people listening to this,
- 11:01people that are very successful in their career, people think about,
- 11:04boy, it'd be interesting if I could take my expertise and do my own thing.
- 11:07That is a very scary thing. You and I both know that firsthand.
- 11:09But how did that get started and why did you do it? Well, thanks for the question, Matt.
- 11:14So at the time I was in a break, I had been leading large sales organizations
- 11:17and different outsourcing and technology companies and had decided I wanted
- 11:22to pull back a little bit on my travel.
- 11:24And so I stepped away from something.
- 11:26And for being at that role, it was probably going to take me a year to find
- 11:30the next really large US technology company that wanted to sell into the Canadian
- 11:35marketplace, likely into big Canadian banks. And I'd want to run one of those.
- 11:40So while I was engaging in a search campaign, a few smaller organizations came
- 11:44to me and they kind of said, listen, we're not hiring you.
- 11:47We can't afford or attract someone like you. What do you help us?
- 11:50And before I knew what was happening, I was working with three of them,
- 11:54two tech companies and then one financial services business.
- 11:58But I was doing this while I was in this search campaign and I was actually
- 12:02interviewing with a large US tech company wanting to change their leadership in Canada.
- 12:07Left one of these companies, they're called Purefax, and I was working with
- 12:12one of these companies. I literally told the team, hey, I've got an interview.
- 12:15And this was a fifth or sixth interview.
- 12:18And the Canadian operations were two doors down from them here in downtown Toronto.
- 12:22So leave the Purefax offices, walk two doors down, go into this interview,
- 12:28and there's five or six people around this table.
- 12:30And as I was going through the interviews, I was already starting to think of,
- 12:33okay, when I take over this organization, that person's gone and this person's not going to make it.
- 12:39I'm thinking about the whole go-to-market. And it was asking them a lot of questions
- 12:42about what's working, what isn't working.
- 12:45And then it just hit me, Matt, right in the middle of this interview.
- 12:47And I was probably in that room for three hours.
- 12:49But about 90 minutes in, it was, I would rather go back and help Purefax than
- 12:55actually run this thing.
- 12:57So I played nice for the rest of the interview. I went downstairs.
- 13:00And instead of going back to my smaller technology company, they're large now,
- 13:05but they were small then.
- 13:06I made a right instead of a left and went to a coffee shop and then just called my wife, Donna.
- 13:11And said, hey, listen, I don't think I'm going to work for anybody anymore.
- 13:14I think I can build a business out of doing what I'm doing here.
- 13:18And that was the origin story.
- 13:20And so it was super fun. Thank you for sharing that. We were talking about my
- 13:26origin story in the earlier podcast.
- 13:28I'll leave it at that. I'll tease it so people can check out the Selling Well
- 13:31podcast in a little bit when our episode comes out.
- 13:33But I remember it being very exciting and terrifying and assuming that that would wear off.
- 13:37And I'm coming up on 16 years from when I just head out with a laptop and a bus pass.
- 13:43Still exciting and terrifying. Yes. I can name countless reasons why it's 100%
- 13:48been worth it. and at some point we should do a session on just the entrepreneurial journey.
- 13:53Let's do that for sure. I know a lot of people that I think would be very,
- 13:57very successful doing it.
- 13:59And it is a scary thing if you haven't jumped off that cliff without a safety net and tried to do it.
- 14:03But I think for those of us that have done it and have, at least speaking for
- 14:07myself, made a lot of mistakes along the way.
- 14:09You know, and can help others figure out what that path is with a little higher
- 14:13likelihood of launch velocity.
- 14:16I think that'd be great. Great. But I'm going to wrap up here on your LinkedIn
- 14:19profile underneath your name.
- 14:20It says learning never exhausts the mind. And we were talking about this in your podcast earlier.
- 14:25What are some of the places you go to, to continue to learn about sales and go to market?
- 14:31So one of the places is running my podcast.
- 14:34So the Selling Well, we have these really smart, great guests like you earlier today.
- 14:39And when we do that, Matt, we do the research on the guests.
- 14:42So we're trying to read their books, understand their blogs,
- 14:45some of their white papers. So we're We're digesting content to stay current.
- 14:49And that's not just for sales, but for leadership and coaching and mindset and
- 14:54all of those kinds of good things.
- 14:56The second place, frankly, is we still have our subscription to Harvard Business
- 15:01Review. I still love getting the magazine in the mail and reading through.
- 15:05It'll trigger me to go online and look at other topics that they're speaking about.
- 15:10And there's a handful of podcasts, including yours, Sales Pipeline Radio,
- 15:15that we really enjoy. We've got those built into our habits.
- 15:19And I listen to podcasts driving in and out of work. And I love to do my reading
- 15:23first thing in the morning because I'm drinking coffee.
- 15:25And boy, I am so happy when I'm drinking coffee.
- 15:29So I'm also pretty happy in the morning. Love it. Same question,
- 15:33different topic. Learning never exhausts the mind. We talked about hockey at the beginning.
- 15:37I'm watching a lot of crack in hockey over the last couple of years and just
- 15:42continue to learn about this sport that on the surface looks like they're just
- 15:46peddling around a piece of rubber trying to get into a net.
- 15:48But it's way more complicated than that and way more
- 15:51interesting and the strategy and all the tactics and the approaches teams
- 15:54have where are some of the places for folks like me that are emerging hockey
- 15:57fans maybe this is the selfish question where where are some of your favorite
- 16:01podcasts other places to read about hockey so to be honest with you i don't
- 16:05listen to a lot of podcasts on hockey i'm a fanatic i watch watch a lot of hockey
- 16:09and i still play a lot of hockey and I'm a goalie.
- 16:14So I'll still go to training to try and get better.
- 16:18Even though I think my chance of making the NHL came and went, it's all over now.
- 16:22But a great friend of mine actually loves a podcast called Spitting Chicklets.
- 16:27I think it's the most popular hockey podcast out there.
- 16:30And the reason it's called Spitting Chicklets is because of course,
- 16:33in the old days when there was no mask and cage, if you get a puck in the mouth,
- 16:37you're spitting your teeth out because they're going to come out and they call
- 16:40them chiclets. Hey, I lost a chiclet on that one.
- 16:44That's why hockey players look like me. It's not the first time I've heard about that podcast.
- 16:48I'm definitely going to have to check it out now. But before people check out
- 16:51Spitting Chiclets, I want them to buy a copy of Learn to Love Selling.
- 16:55Where else can people learn more about you, Mark, and continue to learn from you and read from you?
- 17:00Oh, thanks. So easiest place, LinkedIn. Please check me out and connect with me.
- 17:05It's Mark Andrew Cox on LinkedIn. and the
- 17:08company name is in the funnel you can go to in
- 17:10the funnel.com and we love to hear from you
- 17:13on our podcast and everybody will know about our
- 17:16most recent podcast with matt hines that's the
- 17:19selling well podcast wherever you listen to
- 17:22your podcasts on apple or spotify that's where
- 17:25you can hear about us we'll definitely check that out
- 17:28find the book on amazon check out in the funnel.com for the selling well podcast
- 17:33and more content from mark mark cox thanks so much for joining us today thanks
- 17:36so much for having me matt what a pleasure absolutely well thank you everyone
- 17:40for listening for watching for being part of this we'll see you next week another
- 17:43episode of sales pipeline radio until then take care we'll see you soon.
- 17:48Music.