Wednesday 18 July 2012

Stop talking


Hope all is well in your sales land. Are you becoming a sales cat yet?

Why do we often talk more than we should? When other people talk too much, we notice immediately. When we talk too much, everyone else notices—except us. 

Here are a few possible explanations why it happens: 

1.      Anxiety. People who are anxious use an avalanche of words to avoid dealing with potential conflict (like a prospect saying "no"). Instead of balancing talking with listening, they believe that their wall of words will protect them from what they imagine as a threat. They often refuse to give up control of the conversation by adding a trail of words that echo the ones that they've expressed previously. 

2.      Lack of preparation. The less clear we are on any given subject, the more words it will take us to talk about it. Here is an eye-opening exercise. Ask a salesperson to make a presentation about your company as if you were a new prospect. Time the presentation. Next, ask the salesperson to write a brief, but concise description of your product or service in 180 words. Now, read the copy at normal speed. How much time did it take? About one minute. It should not take more time to engage a prospect.

3.      Stress. When we are tired we tend to ramble and our ability to concentrate begins to decrease. Our brain responds to mental fatigue by producing more words and less meaning. The cure: Get enough sleep, eat healthy and exercise regularly.

4.      Lack of a roadmap. Do you know where your conversation will lead before you start talking? If not, write down the answers to three questions: What is my call objective? What information do I need to get? What information do I plan to give? Stay on track, stay on message and don’t skip vital steps.

5.      Lack of a time budget. Decide to invest a specific amount of time for each call and stick to it. If you are a manager and you want to save time, conduct your meetings standing up. This forces people to be brief and to the point. If you meet with longwinded people, ask the moment they get on your nerves: "We have another five minutes, what else do we need to cover?

6.      Lack of humility. Some people think that everything they say is profound and important. When they talk, they experience a rush of good feelings and they often fall in love with their own words. They may use catch phrases and complex language to impress their customers. Being expressive is nice, however good relationships require us to be receptive to others.

7.      Ineffective thinking. While some salespeople continue to hopscotch from problem to problem, others quickly get to the core of a customer's problem, solve it and close the sale. Decide which thinking style would be most helpful to achieve your objective: convergent thinking or divergent thinking? Convergent thinking leads to a focal point in the middle of a circle, divergent thinking radiates - like the sun - away from the centre in every direction. Divergent thinking opens people's minds; it leads to new ideas, thoughts and possibilities. As a result, the conversation goes on and on. Convergent thinking leads to conclusions, and concrete results, like a closed sale.

Boiler



Wednesday 11 July 2012

How to Learn to Love Your Mistakes


I am blogging this article in its entirety as I could not possibly write this better than Bernard. This message is so important in today’s selling environment. Enjoy.

How to Learn to Love Your Mistakes
By H. Bernard Wechsler December 23 2010

Why do executives suffer emotionally when the world discovers they are not perfect and make mistakes? Making mistakes, errors or failing makes them feel stupid,embarrassed and worse – incompetent.

These emotions lead to chronic stress, a weak immune system and even heart attacks. The negative feelings about making future mistakes make them gun-shy about decision-making, that leads to the Unemployment line. 

Stop

Mistakes force our brain to concentrate on discovering solutions. Mistakes and learning are like ham-and-eggs. Mistakes, errors and failure force us to focus on new learning. Mistakes linger in long-term memory because they excite the fear of failure.

Get this: real learning does not come from reading, listening to lectures, watching educational videos or demonstrations. Learning new ideas or skills comes from doing, making mistakes, and remembering both our errors and our solutions.

The Most Important Knowledge for 2011

If you remember only 5-10% of something you finished learning – is that the same as never learning it in the first place? Retention of what we learn is everything, right? 

If you read an article for information and retain 5 or 10% or even 20 or 30% - did you really get it? Comprehension in school is at least 65%, right?

The Learning Pyramid: Adapted from National Training Laboratories, Bethel, Maine

The following is as real as a heart attack, so remember it.

Average Retention Rates

1. Listening to a lecture by a teacher, specialist or professor: after 8-hours we retain just FIVE-PERCENT of it. After 24-hours - we remember just One-Percent of her brilliant research. No good.

2. Reading a textbook for knowledge and motivated by future testing: we retain just Ten-Percent of the key points after 8-hours. After 24-hours - we keep only Five-Percent of it. Reading alone does not cut it, right?

3. Watching and listening to an Audio-Visual presentation: after 8-hours, all we retain of the material is Twenty-Percent. After 24-hours - it drops to Ten-Percent.

4. Seeing a Demonstration of an idea or new skill: after 8-hours, we retain Thirty-Percent of what we saw. After 24-hours – we get to keep Fifteen-Percent of it. 

5. Participating in a Group-Discussion to learn new ideas or skills: retention is Fifty-Percent - after 8-hours. After 24-hours, we get to keep up to Forty-Percent in long-term memory.

6. If you become involved in PRACTICING what you are learning (ideas or skills): after 8-hours - we retain Seventy-Five Percent of the new knowledge. After 24-hours, we still own up to Seventy-Five Percent of the information.

7. If you take the new knowledge and TEACH it to others: after 8-hours, you retain 90% of the information. After 24-hours you still retain up to Ninety-Percent of the knowledge. Wait – after one-month – you still retain up to Ninety-Percent of this learned knowledge.

Conclusion: Participating Teaching Methods like group-discussions, practice and teaching others - is way superior to Passive teaching methods like Lectures, Reading, Audio-Visual, and Demonstrations.

Emotions of Mistakes

To destroy the power of mistakes over your mood, mindset and self-confidence, do this: 

a) identify the emotion you are feeling – embarrassment – frustration – shame – (not being perfect, and feeling incompetent).
b) say it out loud, it gives you control over your negative feelings.
c) affirmation: repeat three-times. “I release my negative emotions about how other people see me. I learn from my mistakes and get better and better.”
d) Add emotion to this affirmation: raise your arms vertically like a Touch-Down in Football and give yourself a cheer. 
e) Type this affirmation on a card or sheet of paper and tape it to your computer. 

Trial-And-Error

Real learning comes from analyzing our mistakes (choices) – errors and failures. Why? It triggers our emotions, which activates our long-term memory for the correct answers. Trial-And-Error is a powerful tool.

The Secret is Implementing 

Listening, reading and watching a demo are not real learning. When we implement what we learned in the real world, it gets sticky and useful. Mistakes come from implementing new knowledge or skills. Define: implement. It is to start, put into action, and to use it. Synonyms are execute and perform. 
Antonyms are to cancel and stop. Implement means to follow-through, apply and enforce. 

When you implement the new ideas or skills – mistakes are natural. Now you have choices to make, and that is when learning occurs. Implement is from Latin, meaning to fill-up. 

Making mistakes is never negative because it is necessary for real learning. In physics, power flows from Negative to Positive. All you require is to extend your Comfort-Zone and learn from your mistakes.

Afterwords

Choose to remember that listening – reading – an audio-visual - and seeing a demonstration – do not cut it as learning. You need to get your hands dirty with implementing the new knowledge or skills. Got it? I knew you would.

copyright © 2010 H. Bernard Wechsler www.speedlearning.org