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0:00
I think everybody needs to understand . Whether we recognize
0:02
or not , we're all selflessly motivated . So if
0:04
I'm starting a sales call , even if I'm quote
0:06
unquote excited about the product , I'm
0:08
not excited about the product , I'm excited about what
0:10
the product's going to do for me . You're
0:12
fucked that sales going nowhere until
0:14
you figure out how they can see the value in
0:16
the next year . So that's your sale , like every
0:19
sale has about seven to 50
0:21
little sales in them and each one
0:23
of those little sales everybody paying attention
0:25
to the podcast every one of those
0:28
little sales requires value
0:30
.
0:30
Meet Keenan . He's all about getting
0:32
the customer to say yes . As
0:35
the owner of GapSelling , he's here to increase
0:37
your sales by changing everything you know
0:39
about relationships , overcoming objections
0:41
and closing and pricing . Does any of this
0:44
sound familiar to you ? Long sales cycles
0:46
, price objections , no decisions , prospects
0:49
going dark and ghosting you and continuously
0:51
missing your quota . This podcast is
0:53
for you . Keenan has sold over 100,000
0:56
copies with GapSelling and he's here on
0:58
kickoff sessions to help you do the exact
1:01
same thing . What's up , people ? Before
1:03
we get into this video , please make sure to
1:05
subscribe , like and comment
1:07
down below so we can get bigger , better
1:10
guests for you every single week
1:12
. Let's get straight into the video right now . All
1:15
right , man , let's kick off . So
1:17
where I want to start is one
1:19
of your quotes . And no one gives a shit
1:21
about you or your product . Why is that
1:23
?
1:24
I mean , I think everybody needs to understand , whether we recognize
1:27
it or not , we're all selflessly motivated , okay
1:29
? So if I'm starting a sales call
1:32
, even if I'm quote unquote excited
1:34
about the product , I'm not excited about the product
1:36
, I'm excited about what the product's going to
1:38
do for me . It's not the product
1:41
, it's what the product's going to do for me
1:43
. So if I'm all excited
1:45
to get this new Lamborghini , I'm not excited about the Lamborghini
1:47
. I'm really not , because if I'm excited about the
1:50
Lamborghini , I would just sit in it and drive in it and
1:52
wouldn't care if anybody saw me right or I
1:54
might just sit in it right , but I'm excited
1:56
for what it gets me . So if I want to drive for its performance
1:59
, I'm excited to get it on the road
2:01
. I'm not excited about buying it , I'm excited about getting
2:03
it on the road and feeling what
2:05
it's like to go super fast or feeling what
2:07
it's like to hug those turns and feel the
2:10
G-forces and maybe , on
2:12
a closed track , work my driving skills
2:14
, like that's what excites me . Well , but for
2:16
most people , I'm excited about the feedback
2:18
it gives me and the validation
2:21
it gives me , because I'm insecure and
2:23
I want people to know I'm rich . I want people to look at me
2:25
, so I'm excited about the feedback
2:28
it gets me . Do you see what I'm saying ? So
2:30
I don't care what it is someone's
2:32
buying . They're not buying the product , they're not buying
2:34
your company . They're buying what they perceive
2:36
and their little brains is what the desired
2:39
outcome is or the objective of that purpose
2:41
. And so if you start talking about you
2:43
and your company , you're slowing the sale down
2:45
. You want to keep them anchored
2:48
in what it is they hope to get
2:50
from this and keep them focused
2:52
in their world , their outcomes
2:54
, their current shitty situation
2:56
, what they're not having when they use . Keep them focused on them
2:59
and then , by default
3:01
, they will be excited about
3:03
your product as you show it to them as
3:05
a method to leave where they are today
3:07
and get where they want to go tomorrow .
3:10
I'm curious to think talk about how
3:12
you think about psychology with the actual
3:14
buyer . So you mentioned there about the personal desires
3:17
. How much of that plays much
3:19
more of a role than maybe the professional
3:21
desires of increasing revenue
3:23
or decreasing costs or increasing efficiency
3:25
?
3:26
They're the same . They're the same . So
3:30
if I'm working for a company and I might remit
3:32
to be good in that job , would it be successful
3:34
in ? That job is to reduce lawsuits
3:37
, or it's to reduce the defects of a manufacturing
3:39
plant , or if it's to drive revenue , or
3:43
if it's to make better investments
3:45
or create better hedging , whatever it is , and
3:47
you're selling me a product that is somehow way shape
3:50
or form going to allow me to do that
3:52
easier , faster or cheaper , because
3:55
what I'm doing now isn't working , then
3:57
I'm super excited because I'm attached to that
3:59
outcome . I'm personally attached
4:01
to the outcome of better production
4:03
. I'm personally attached to the outcome of reducing
4:05
lawsuits , et cetera . So the personal
4:08
and business to me you can't separate them . I signed
4:10
up for a job and I'm attached
4:12
to the outcomes of that job . So if the outcomes
4:14
of that job are perceived as superior
4:17
, more effective or whatever , the outcomes
4:19
as measured by that role are better
4:21
than I'm looking better , they're one
4:23
to one . So to me there's
4:26
no difference . They're attached to each other .
4:28
Do you actually walk through that process
4:30
with them and get them to
4:32
kind of maybe allude to those points being like , oh , like
4:35
this is something that you want to achieve , like personally , is
4:37
that something you're trying to connect to or subconscious ?
4:40
I leave it to the subconscious . No
4:42
, because if you start trying to settle the person , that's
4:45
not scalable
4:47
. So if you have more than one buyer , you can't take that
4:50
and go over here and say , look , Johnny's gonna get
4:52
promoted , so so will you . It's not scalable
4:54
, right ? But if you
4:56
make it super clear about where
4:59
are you now and why that bothers you as
5:01
a person responsible for these things
5:03
or the person with the remit to fix these things
5:06
and where you want to go , it's so
5:08
closely tied that you don't have to call it
5:10
out . They get it .
5:12
It's happening underneath the surface . Basically , you
5:14
also have a quote saying there's no such thing
5:17
as closing . So I know a lot of young high
5:19
ticket closers and they will be very pissed off with a statement
5:22
like that . Where did you come to that conclusion
5:24
?
5:27
The concept of closing is in a traditional
5:29
sale is . I got done
5:31
with pitching my shit . There's nothing
5:33
more for me as the salesperson to do . So
5:36
now I'm trying to get them to close Like I'm
5:38
done . So now give me your money right 99%
5:42
of the time . If you're at that stage where you're done
5:44
doing whatever you think you need to do and
5:47
the buyer isn't at a place where they can make a
5:49
decision , you fucked up . You've
5:52
gotten way ahead of the buyer , way
5:54
ahead of the buyer . The buyer should get to
5:57
the place where they want to decide to close
5:59
at roughly the same time that
6:02
when you're done . It should be
6:04
crystal clear . They'd be like oh yeah
6:06
, okay , when do we get started ? Right
6:09
, if you have to ask for the close , you
6:12
fucked up . You've
6:14
completely fucked up . So the
6:16
key is if you do it properly , it's really
6:18
clear and by the time you're
6:20
done , everything's on the table and you've laid out the gap
6:23
and they completely agree with you . They
6:25
simply say , all right , where do we get started , or
6:27
no , and if they say no , you go . I'm
6:29
confused . This
6:32
is gonna solve the problem . You lay out the whole problem , what am I
6:34
missing ? And then you go from there , but
6:36
you never have to close a customer .
6:38
What I love about gap selling is the fact that
6:40
, basically , you've done all the work in
6:42
the beginning , so you've identified the numbers , the impact
6:45
, the problem , so that you can always
6:47
reference it . So for people that don't know where
6:50
you're a process with the current state , if you're getting the
6:52
numbers checked , the problems that they have
6:54
, the impact , the root cause , you
6:56
can always use it as a proxy to go back
6:58
right and to reverse engineer . Now my
7:01
question for you , off that is , when you analyze
7:03
salespeople , their process
7:05
and everything , where did they fall down on ? And
7:08
at the most , is it numbers ?
7:09
They're fully getting the information and defining
7:12
it , falling . The big one is defining it . So
7:14
they'll come back and say , oh , the problem is they're
7:16
making too many mistakes in the manufacturing process . Okay
7:20
, well , what's too many mistakes ? I
7:22
don't know . They just say a lot . But what's a lot ? Oh
7:25
, I don't know . I didn't check . Well , how many widgets do they
7:27
make in a year ? Oh , I don't know . How many
7:29
different types of widgets do they make ? About seven
7:31
or eight . So when they're making too many mistakes , is
7:33
it across all the widgets or just a particular
7:36
line of it ? Oh , good question , I don't know . Like
7:38
, they just don't think , they
7:40
don't think about the environment they're
7:42
in , they're only thinking about the sale
7:44
. Oh , the customer said they make too many widgets . That's a problem . I
7:47
can fix that problem . Right , they
7:49
don't stop and say wait , I'm talking to
7:51
a manufacturing company . So
7:53
how many products do they make ? How many ? Is it one
7:55
widget or a hundred widgets ? Do
7:57
they make their own widget and they
7:59
sell the widget , or they manufacture it for
8:01
clients and so clients come in , hire
8:04
them to make the widgets and they send the widgets to them and that client
8:06
sells it . That's very different . If it's my own widget
8:08
. That's one thing . If it's so , then
8:10
if I make too many mistakes in the widget , that watch what
8:13
I do . If it's my widget and I
8:15
sell it to the market , or my number
8:17
of widgets , and I make too many mistakes , that
8:20
affects my profit margin Right
8:22
. And if I ship those widgets , it
8:24
could affect my customers , but one
8:26
customer at a time , my brand Okay . However
8:29
, if I make the widget subcontracting
8:31
out to someone else and I fuck that up
8:33
, I lose that whole contract . See
8:37
, I make a widget , I make
8:39
too many mistakes in the widget , but the outcomes
8:41
and how that affects those two companies are entirely
8:44
different , based on their business model . You see what I've
8:46
done there and
8:48
most sales people have no clue about the business
8:50
model they're in , how they do their business
8:52
, the interconnectivity , and so they're clueless
8:54
, absolutely clueless .
8:56
Why do you think that is , though ? Is that a lack of training
8:59
or a lack of conscientiousness Lack
9:03
?
9:03
of training , hands down , lack of training , and
9:05
then I'd say , and then lack of conscientiousness
9:08
. But I would take a step back
9:10
and say , because they're trying to sell
9:12
, trying
9:14
to sell gets in the way you
9:17
should be trying to solve A
9:20
sale is nothing more than
9:22
a solution to a problem . However
9:25
, if you are not properly diagnosing the problem
9:28
by offering a solution
9:30
, you are effectively
9:32
potentially solving
9:34
the problem wrong . And
9:38
so if you don't understand why you're solving the
9:40
problem , the customer has to do that themselves
9:42
, because they will , unbeknownst
9:44
to you , take all the information you
9:46
gave them about your product and how it's made and
9:48
blah , blah , blah , and they themselves will try
9:51
to figure out will this solve
9:53
my problem ? And sometimes they say
9:55
, yeah , I think it will , and they buy it . And you're like , oh , I'm the great
9:57
salesperson , I sold it Other
9:59
times and yet they shouldn't have bought it Other
10:01
times . It was the right product , they bought it
10:03
. You feel like a great salesperson , but you
10:05
actually didn't make that . You didn't do anything
10:08
. You took an order because you don't know what their problem
10:10
is . You just do a bunch of shit . And then the worst
10:12
case scenario is they buy it . It's not
10:14
what they need it . They're like , oh
10:16
, we think this will work , and yay , we bought it , and yay
10:18
, I sold another thing . And they start to go implement it and
10:20
they're like this is fucking working . This is
10:22
what doesn't do . This doesn't do that , and I don't understand
10:24
it . Just because nobody took the
10:27
time to understand what they're trying to do , what the current
10:29
problem was , what was causing it , and you sold the wrong fucking
10:31
thing . And they're pissed .
10:32
Well , that's always a problem when people don't
10:35
know why it was right or why it was wrong . So
10:37
let's say , I sell to you and you're like , okay
10:39
, it obviously worked right . And if you
10:41
ever played poker , there's a big thing in there being like you could
10:43
play the right hand but
10:45
still lose . You can play the wrong hand and
10:47
still win , but you have to understand if you can
10:49
step back , being like okay , I was
10:51
actually trying to play the better hand and if I still
10:53
lose , then so be it . So I think , without
10:56
that knowledge and without that reflective , without
10:58
that way to look back on your work , how
11:01
the fuck do you know you're moving the right way and that's how
11:03
you're going to move sideways throughout your entire career
11:05
, right ?
11:06
100% . Yep , that's a great way of looking at it . I like
11:08
how you did that . People have no idea
11:10
why they sold it . They just know that the person bought .
11:13
Yeah , exactly , and again , that could
11:15
probably come from the company . So before I started my
11:17
own company , I was to work for big tech companies
11:19
, especially in FinTech , and I was the
11:21
buyer . You might find this quite interesting . So
11:24
I was the buyer , buying like vendor services , whether
11:26
it's like fucking some software or whatever . And
11:28
I remember because I knew what my problem was
11:30
, because I was a product owner . I would get on a call
11:32
and be like right , we have this issue , some fucking
11:35
API is like fucked up . We
11:37
need someone to come in and fix it . And that company
11:39
will be like okay , okay , let me walk you through
11:42
our demo pack and we'll go through like
11:44
a 60 slide pack . I'm like I
11:46
don't need this . I don't need and bear in
11:48
mind , these are huge financial institutions
11:50
coming out of New York and I was like I don't need
11:52
this shit . What I basically do is I need someone to
11:54
tell me that these particular areas
11:56
can be solved and so on . And that was the buyer coming into
11:59
it . So that was interesting observation
12:01
and that's kind of how I started my sales career
12:03
was like , well , I don't want to be that
12:05
fucking person when it's like
12:07
that .
12:09
Yep , Yep , no , you do not . No
12:11
, you do not . I mean , look , I like
12:13
those situations where you would call me and said oh , my API
12:15
is fucked up , blah blah . The first thing I would
12:17
say is what do you think I would say ?
12:18
my first question would be the impact
12:20
, going back to the current problem of that right .
12:22
So tell me what do you think the question would be
12:24
Like what do you think my very first question would be we're
12:27
on the phone , you tell me that my guys are all fucked up
12:29
. Blah , blah , blah . The first question out of my mouth .
12:32
What's like the ? What's the impact it's having on your business
12:34
?
12:36
No , no , I'd be like . I
12:39
would literally say what do you mean ? The API is a fucked
12:41
up . Could you explain that to me ?
12:44
And you're trying to get them to walk through the
12:47
numbers of it , the situation of it , everything , yeah
12:49
.
12:49
Yeah , I want you to explain
12:52
to me . I just want a definition . What do
12:54
you mean ? Your API
12:56
is fucked up and you're going
12:58
to start telling me now I'm not a techie so I can't play
13:00
this out much further but you're going to start telling
13:02
me that they're not connecting properly , or they're
13:04
not pulling the right information , or they don't stay connected
13:07
, or or or it's too . It's
13:09
too difficult for other people
13:11
to write to them , so they start to write
13:13
to them . It can't get it done . You might say it takes too long
13:15
to write to them . Or if we make a change to
13:18
the application , the API goes down . We're going to write
13:20
a whole new API , like it's something
13:22
, and then a million other things I don't know anything about . But
13:24
notice , the definition of API all
13:26
fucked up to a layman . I
13:28
already gave you like six different reasons why
13:31
they could be fucked up , and if I don't know those reasons
13:34
, I think I'm going to start selling you on
13:36
how I can fix your smoking crack . So
13:38
as you start walking
13:41
, you start walking me through
13:43
why they're all fucked up and you explain
13:45
it . Then I should be able
13:47
to connect that to the business problem
13:49
. So I might say something like you
13:51
might say , well , every time we change some of the
13:54
application , the API goes down . We got to rewrite the
13:56
application . So I'm like then I might say , well
13:58
, then , understanding that
14:00
, who's using the other application ? You
14:02
might say our end users . And I say , okay , so when
14:04
this goes down , you're telling me that your end users cannot
14:06
access this application until
14:09
you rewrite the API . Correct , yes , how
14:12
long does it take you to rewrite the API ? You might say it could take two to three
14:14
weeks . Each time I say , right , well , tell me more about
14:16
these end users . What are they using the application for
14:18
? And you might say banking . I'm like , wait , what
14:20
You're telling me every time
14:23
you make a change that the API goes
14:25
down , these people don't have access to
14:27
their fucking bank account . They have to go into
14:29
the bank , right ? And I'm like , yeah
14:31
, and I'm like , okay , how many of these people
14:33
change accounts every time
14:36
this happens ? And that's a fucking
14:38
great question . I just got an email the other day
14:40
. So every time it's down , we lose anywhere from three
14:42
to 500 customers . You see what I did right
14:44
there . Now you asked the question what's
14:46
the impact ? You jumped the fucking gun
14:49
and went so far down the road . That one question
14:51
and that person may not have made the connection
14:53
to them leaving Right , they
14:55
might not have known that they might have stayed in a technical
14:58
impact . Well , it takes us a really long time
15:00
and costs us a lot of money to rewrite the API
15:02
. When you ask that what's the impact question , that's
15:04
where it could have taken you when I started with . What
15:06
the fuck do you mean by it's fucked up ? Then
15:09
you tell me , like well , that happens and this happens . And I
15:11
asked that question and I got to 300
15:13
customers how long has it been happening ? What's
15:15
the average deposit ? You mean to tell me
15:17
since this started happening , you have lost over $70
15:20
million in deposits because this API
15:22
problem . Yes , they
15:24
fucking love me because I helped
15:26
them scope that piece out and now I'm
15:29
leading the sale .
15:31
How long does that process take you to
15:33
map out everything so that those
15:35
scenarios come in ? So when you're usually in that gap selling
15:38
process , so current state , future
15:40
state and identifying the gap and quantifying
15:42
the gap , how long does that generally take you ?
15:44
It depends on how well the customer knows their information
15:46
. It depends on how well the customer is willing to be open
15:49
. So we're working on a big deal right
15:51
now that we're probably going to walk away from , but
15:53
, after multiple conversations with multiple
15:56
people , they cannot
15:58
tell us what the business problem is and so therefore
16:00
, they can't tell us the impact and this is going
16:02
to be a multimillion-dollar investment
16:04
they're going to make and they are unable
16:07
to tell us the business problem
16:09
, the impact . They know the root causes
16:11
, but the business problem , the root cause , I mean
16:13
the impacts across the whole organization . So
16:16
that's what I still haven't got , and they're almost ready
16:19
to make a decision . They're
16:21
so bad at it and we pushed them so hard to get it . They're
16:23
getting irritated with us and I don't think
16:25
we're going to win it anyways , because we are just not letting
16:27
go with a dog with a bone , because
16:30
we don't understand why you would make this investment
16:33
if you can't explain what it's costing
16:35
you . If you don't change and they can't
16:37
do it Other times you can get it in
16:39
less than an hour .
16:41
It's interesting that these companies can grow so
16:43
fucking fast and so big , but they're not
16:45
having an understanding of their numbers and their data
16:47
, because otherwise you're kind of pissing in the wind
16:49
, right . I don't understand that , as
16:51
a small startup , we tried to have an
16:53
enterprise view , whereas I don't know what's
16:55
going on . To some degree , right , but
16:58
how the fuck could you grow these companies without having
17:00
that foresight ?
17:03
I got it out of some of the individual
17:05
business units , but I couldn't get it company-wide
17:07
right . And so and it was a company-wide
17:10
investment so I was like , okay , that's this
17:12
one . And even then all I got was this
17:14
is where we are now . Next year we want to be this . There
17:17
was like a half a percent growth and I'm
17:19
like that's what you want or that's what you believe you can
17:21
get . That's very different right . That's very
17:23
, very different right . I mean , a good example
17:25
is I know you're Bali , but it's like
17:28
baseball . They
17:30
have sometimes they have these years they call rebuilding
17:32
years , right . So
17:34
they basically scrap the payroll , they get rid of the
17:36
most expensive players , they retool
17:38
and they want to win
17:41
the World Series . But they realize
17:43
that this year they're only
17:45
they just got to get past 500 , right . So
17:48
you don't build a plan or bring in consultants
17:50
to bring in new people to get to 500 that year . You're
17:53
bringing these people in so in three to five years
17:55
you can get to the World Series
17:57
. Do you see what I'm saying ? So this company told
17:59
us what they want to get to next year , but I'm like you're not hiring
18:02
us and investing $3 million
18:04
to get here next year . That's
18:07
not a sales transformation effort . You're
18:09
hiring us because somebody believes you're
18:11
leaving a lot
18:14
more on the table , but no one can tell
18:16
us that . So why the fuck are you doing this Like
18:18
? What are you expecting to get ? And
18:20
every time this we want our sales people to be
18:23
better . We want to have the best sales organization
18:25
in the world . We want our sales
18:27
people to stay longer and not a trade
18:30
. Well , what's your attrition rate ? Well
18:32
, not really sure .
18:36
A lot of them are assumptions , right , and they could come from like
18:38
boring senior management . They're just like , oh yeah , like
18:40
we just want more , right , and
18:44
that's the whole problem . So similar in us when we
18:46
come up to a company , so we do like B2B
18:49
podcast . So let's say , let's take an example of your podcast
18:51
. We basically just like run it , we run the
18:53
shit out of it and then we connect the business in the back
18:55
end . But ideally , when we're looking
18:57
at people's numbers , they don't know where the numbers
18:59
are and then they will say we want more
19:01
. But they don't know what the difference is of what they
19:03
want percentage or numeric , right
19:05
? And if they say a numeric , it's fine , we can calculate
19:08
a percentage . But it's just an interesting observation
19:10
, right , the fact that most people don't know
19:12
what they want and then
19:14
when you try to walk through that process , you
19:16
could be met with resistance as a result
19:18
, because they haven't even thought about themselves .
19:22
And they don't know why they want it , and they don't know why where they are
19:24
is not good . What's
19:27
wrong with what you got now ? Just keep doing what you're doing
19:29
.
19:30
I want to ask you about how you reactivate
19:32
, like , dead leads . So this would be quite
19:35
interesting . So you know , as I mentioned , what
19:37
our business is , last year we had a bunch of
19:39
calls that like , let's say , our deals
19:41
that maybe fell true or went cold
19:43
, and then this year I did a check-in
19:45
and I did an observation of where they
19:47
were and where they are now and I would say 95%
19:50
of them haven't changed , 95%
19:53
they haven't improved , they haven't got better , it
19:55
doesn't look better . And then
19:57
resurfacing that to people is kind of painful
19:59
, right . So I want to kind of get your process
20:01
in terms of like how you'd reactivate dead leads .
20:04
The same way you did . So you already
20:07
know the answer . Like the same way , if
20:09
you did a proper discovery , I'd call them
20:11
back and say hey , john , last time we met last year
20:13
you said that you would do your doing
20:15
. I'm going to go on a limb here . But you were doing one
20:18
podcast a week and you had been doing that for two years
20:20
and you had seen a 20% growth
20:22
year over year for the first year . But you had flattened out to about
20:24
5% . You said you were making less
20:27
than six figures in advertising . You
20:29
said it was harder and harder to get the advertising dollars in
20:31
because you hired an assistant . You
20:33
weren't as profitable in that . You wanted
20:36
to get to 300
20:38
, 400,000 viewers or downloads
20:40
, whatever . You wanted to get to almost $200,000
20:43
in podcast
20:45
revenue and we didn't work
20:47
together . So I'm checking to see have you hit those goals
20:50
? How are you coming on that journey ? And
20:52
I leave with have you hit it ? And hopefully they get
20:54
back with me . If they did get back with me and
20:56
they said no , then I would say all
20:59
right , are you comfortable staying here or
21:01
have you come to the conclusion that you need
21:03
to do something different ?
21:05
That's what I'm missing . It's
21:08
those small triggers I think that people
21:10
struggle with , including me is like okay , if
21:12
you understand it
21:15
, how do you bridge the gap to get people to reengage
21:17
? All right , people , we're just gonna take
21:19
one short break for a little update
21:21
about podcast university . So if you enjoy
21:23
podcasts like this and you want to start your own
21:25
podcast , head down to the links down below the podcast
21:27
university . This is a learning platform that I've built
21:29
to help people like you build
21:31
, launch and scale your own podcast . I
21:34
wasted many years doing this , making
21:36
it all up as a lot as I go , so I put everything
21:38
together in a very seamless and
21:40
easy to follow course for you guys
21:42
to follow and just learn exactly
21:44
how to do it . So if you want to bypass a lot of the mess
21:47
with your podcast , check out the links down below the
21:49
podcast university and we'll show you exactly
21:51
how to launch and scale your own podcast
21:53
.
21:54
Well it all comes down to are you happy
21:56
with where you are ? Like that's the first
21:58
step in gap sign , whether it's the first time you're
22:01
trying to sell them or the second
22:03
time or the third time . The question simply
22:05
becomes are you happy where you are
22:07
? And if not , why ? And
22:10
then if so , I mean if not , then why ? And what
22:12
do you want instead ? How big is that gap
22:14
? And is what I'm asking you to buy and
22:16
what is required of you to
22:19
do , is that worth right
22:22
? The outcome is that worth the gap ? Is
22:24
the gap big enough to warrant that
22:27
? And if it's not , they won't buy it . If it is , they will
22:29
.
22:30
The willingness to change right , Making the decision
22:33
to be able to change . That's super
22:35
interesting , man . I want to ask you about
22:37
relationships . So why do your relationships not
22:39
matter ?
22:40
I do that to poke people in the face and
22:43
irritate them , because a lot of people
22:45
they build relationships and they think relationships
22:47
are everything . And look , I'm not going to bullshit . Relationships
22:50
provide you access , right . So likeability
22:53
more importantly , but relationships provide
22:55
access . But the truth of the matter is relationships
22:58
don't make the sale
23:00
, they just don't . And I'm using relationships
23:02
primarily in the concept of likeability
23:05
. Relationships built on
23:07
credibility are extremely valuable
23:09
and they drive the sales . Relationships
23:12
and likeability do not drive the sale . Relationships
23:14
and credibility do drive the sale . And the way
23:16
you build credibility is you show them value
23:18
, value based on their definition
23:21
, not yours or ours , right . So
23:23
back to that . If you identify the gap
23:26
, you have shown them the
23:28
value of change . Here
23:30
you are today . So
23:32
I don't know where I came up with this . I
23:35
don't know why I thought about this , but I did this the other day in a training
23:37
. I think that I wasn't
23:39
in the room . I'm not trying to judge these doctors
23:41
, but I feel that
23:44
the doctors who had
23:46
Steve
23:51
Jobs they're his oncologist
23:53
when he was found to have pancreatic
23:57
cancer did not do a good
24:00
enough job of showing him the size of the
24:02
gap , right
24:04
? So , in other words , if you don't know
24:06
the story . They found it by accident , like he had
24:08
gallstones or something and they found
24:10
it by accident and
24:15
they wanted to do a Whipple surgery . And they wanted to do surgery
24:17
and you know , jobs
24:20
being Jobs , he didn't
24:22
want to go through it . He thought there was some homeopathic
24:24
ways to beat it and some alternative medicine
24:26
ways to beat it . So he took
24:29
nine months doing
24:31
alternative shit and
24:33
then it's spreading up bigger and then he went back to the
24:35
regular doctors and they did the Whipple surgery and all
24:37
that and unfortunately they didn't get it all and
24:40
so he died five years later . My
24:43
point in that story is I believe if
24:45
they were good gap sellers , they
24:47
should have explained it a lot better . Like
24:50
here's your cost of
24:53
change , your ego and
24:57
your belief in these medicines
24:59
right Against
25:02
almost guaranteeing saving your life . Every
25:05
day you go longer that you're wrong
25:07
, you increase the probability that you die from
25:09
this disease , right
25:12
? And then say listen
25:14
, do you want to live ? Yes
25:18
, so when you tell me you're going to wait nine months , let us
25:20
tell you , based on what we're seeing because he's a fucking
25:22
scientist you can expect this
25:24
to grow this much Right
25:26
now . Could you be successful ? Could
25:29
it work ? Yeah , yes , but
25:31
what we know is when it this small and we
25:33
take it out , the problem is getting it all
25:35
is larger than the probability
25:37
of it being bigger and spreading . We
25:40
don't know how it's going to spread . We
25:42
think so . To us
25:45
, this is a the cost
25:47
. What's his name , steve
25:50
? The cost is phenomenal
25:52
. I get you believe this and I get you don't like this , but
25:55
the cost of you being wrong is
25:57
far , fucking greater than the cost of
25:59
you being right .
26:02
It's dead yeah . It's
26:04
life or death right , and that's
26:06
that's the biggest fucking gap you can have , right , yeah
26:09
, yeah . That
26:12
goes back to the first chapter of your book , which is like the pill
26:14
right , when it's like a pill that you use
26:16
to like alleviate this small pain is like oh
26:18
, I don't give a shit about it , I get it for $1 and CVS
26:21
, but then if it's a pill that saves your life
26:23
, you're willing . This paid at fucking
26:25
30 , 40 K . And man , that actually happened
26:27
with the insulin , was it ? I think I'm going to get this kind of wrong
26:30
, but there was that hotend someone had
26:32
of like insulin and it was like 18 fucking
26:34
thousand , and guys like I don't give a fuck Like
26:36
, if you need it , what you do , you're going
26:38
to pay it and people paid for
26:40
it . Obviously , whatever you could say is unethical
26:42
, but it was fucking . He was
26:44
able to articulate the difference . Question
26:46
for you off . That is like so you're like a
26:49
master at this and it's really good to see , like , how
26:51
your brain works with us . Do
26:53
you convey the message of gap selling
26:55
through your writing , so let's say , your sales letters
26:58
, or your websites and your content
27:00
, because it sounds like you can
27:03
do this and let them
27:05
, through a copywriting perspective . Uncover
27:07
these aspects while
27:09
they read .
27:10
Yep , I mean , look , if you can get the people to read
27:13
it . You want to do that right Now . Look , if
27:16
I do a revision , I'm going to change the emails in
27:18
it . I don't like them in hindsight and how much
27:20
has changed and stuff I don't like them . But still
27:23
, I just think they need to be creative . Right
27:26
, they need to be creative . They
27:28
need to be very , very personal
27:30
and , just as
27:32
seamlessly as possible
27:35
, get the buyer to
27:38
be like yeah , that
27:40
one , that right there , I can't stand
27:42
that , or that's been creeping in , or I've been feeling
27:44
that . Or , yeah , what do you stand
27:46
on my plant ? Yes , like
27:49
, yeah , you get me . That's what you want them to
27:51
feel when they're either yes , you get me , I
27:53
hate that , or this is happening
27:55
and I don't want it to keep happening
27:57
. That's what you want them to feel .
28:01
One thing I thought was amazing was the fact that
28:03
you mentioned is eight to 12 touch points
28:05
on average to get someone a response
28:07
.
28:08
I think there's a lot more than that now , but yeah .
28:12
How ? What type of reaction
28:14
do you think you get from people as a result in that
28:16
process ? Because some people think , oh , if
28:18
I contact someone 12 times , they're going to fucking freak
28:21
out at me if they don't want to buy .
28:22
Let them fucking freak out . I don't give a fuck
28:24
. Let them freak out , I'd
28:27
rather . I'd rather them freak out . I'd rather
28:29
have a hundred freak out and get two than
28:32
lose all hundred and two . Hmm .
28:34
That's interesting Because like and also
28:37
I think it's some of a go back , and what I was
28:39
saying was like , if you do the job right
28:41
, then it should be . It
28:44
should be clear you're pulling out a potential problem
28:46
right , you're able to articulate that problem for
28:48
them . And with a lot of companies that maybe you work
28:50
with , I say the data is quite sensitive and
28:52
private , whereas for me a lot of stuff is public
28:54
. I can visibly see when someone is
28:56
doing well or doing bad , because you can just see it with
28:58
their content . So I think that's quite interesting
29:01
is the fact that if you're able to find out and
29:03
pick holes in a problem , they shouldn't give a fuck
29:05
once you're able to actually articulate it .
29:08
And even if I know they're having the problem , I
29:10
personally , personally
29:13
, unless it's super clear and I have specific
29:15
numbers and I can , and I can point
29:17
to the source , right , I
29:20
don't like telling people that what problems they have , no
29:22
one likes that . Right Now
29:24
, if I can point to the source , I'm like hey
29:26
, I just saw in your report , okay , I
29:28
would have done this for Wells Fargo . I would have said , hey
29:31
, I just saw what happened with your thing . I saw
29:33
you doing this . I saw your commission structure . I
29:35
saw it created this Wabba Blah , understanding
29:38
that I love to talk about how we built
29:40
the way to keep those conversion rates without
29:42
doing this Right , so
29:45
so now I've got you there . But if
29:47
I , if I have heard it , third party or I think it
29:49
, I don't tell people . People never like being
29:51
told they have a problem . But what I do do is
29:54
I'm never going to call up a person with an eating disorder . I know
29:56
you have an eating disorder . What I'm going to do is
29:58
say hey , I
30:00
know that people in your position , right , it's
30:03
tough because I'd like to be very personal , but I have to make this up on
30:05
the fly . Hey , I , I , I , knowing
30:07
you XYZ
30:10
, right , knowing you have
30:13
struggled with weight before because
30:16
you attended XYZ right , let's
30:18
have a list of people attended something I
30:20
know for fact that
30:22
staying on the diet is extremely difficult . I
30:24
know the frustration of
30:27
trying to maintain that
30:29
consistency is difficult . Having
30:32
that , we have come up with a way that
30:35
makes it easier to stay on leveraging
30:38
psychology , or makes it easier to stay on leveraging
30:40
a friend network or whatever . A little hint we love
30:42
50 minutes . If if you're struggling with with
30:44
this , if this is something you're having a hard
30:46
time with , I'd love to
30:48
talk to you about how we can address it . And
30:51
I just leave it there . Right , I
30:53
just leave it there . I want them . I don't want them to buy into
30:55
me , I want them to buy into the problem .
30:59
That's interesting , man , because basically it's like an indirect
31:01
way of doing it versus like shoving it
31:03
down someone's fucking throat right , because people don't
31:05
want to hear . People don't want to hear that
31:08
. But at the same time you're kind of like . I
31:10
remember my my partner's
31:12
partner's dad is
31:14
like he's like kind of old school sales , like
31:17
medical sales dude , like nineties whatever , and
31:20
we have like these conversations always and he was
31:22
saying to me that his role always
31:24
was the trusted advisor I love that
31:26
term is that he would . He would
31:28
just basically kind of walked him through and be like he
31:31
put it really well is that if they would say , oh , should we
31:33
put $5 million into this fucking
31:35
medical sales device , he would just say , like you
31:37
know , if I was in your position , if I had the budget
31:39
you had , I wouldn't do it that way , I would
31:41
do it this way and just be able to kind of walk
31:44
them through , because it doesn't make them feel like a Thomas
31:46
, but at the same time it's winning people
31:48
through your way of thinking and many have to persuade
31:50
them to an ultimately better decision
31:52
.
31:54
So watch this . So what he did I
31:56
get , okay , but I'm going to
31:58
see how quick of a study you are . If
32:00
I'm medical sales and a doctor
32:02
says to me , hey , I get this $5 million , should
32:05
I put it here ? Should I put it here ? You know , what do you think
32:07
? What do you think ? My
32:09
very first , very first thing I'm going to say is why
32:12
do you want to do it in the first place ? Fuck
32:16
getting them all wrong .
32:16
You've done this twice .
32:18
You've done this twice . You said what is the impact and
32:20
why would you ? You put both times , you put it
32:22
back on the bike .
32:24
Okay , okay . So tell me more about the problem . Tell
32:26
me more about the problem you're facing .
32:28
Close , close , yeah . What
32:31
I would say instead is very first words
32:33
out of my mouth I don't know , I
32:37
don't know . Tell me more
32:39
about what's going on . Or , in that case , I
32:41
want to spend $5 million . I don't know . Tell
32:43
me what you're trying to accomplish . See
32:48
what I did there . Should I spend $5 million here
32:50
? $5 million here ? I don't know . Tell
32:52
me what are you trying to accomplish .
32:56
So basically that in the scenario you're pretty much looking
32:58
at the goal and the outcome and
33:01
then they'll walk back to the problem and the situation
33:03
.
33:03
Yes , I'll walk you all the way back . What
33:06
we want to do is we want to . I
33:08
don't even know where to go with this , but $5 million
33:10
of investment in XYZV joke , All right . So
33:14
we want to be able to drive more patients
33:16
in our cardiac division , Okay . So
33:19
how many pages are you getting your cardiac division now
33:22
? 50,000 . Why do you want more ? What's
33:24
going on with the cardiac division , Right
33:27
? Well , what we're learning is cardiac
33:29
division is the most profitable part of the
33:31
entire medical industry . Oh
33:33
shit . So in comparison to other
33:35
hospitals or whatever , 50,000 pages
33:37
at small . Oh , that's tiny . Most of 2 million . Oh
33:40
, so now , because you don't have a cardiac
33:42
division , what is your profit margin
33:44
now ? And what's it been trending ? I'm making shit
33:47
up Less than 20% and it's trending . It's been flat
33:49
for however long . What is most hospital ? I know this
33:51
is off , so any hospital people leave me alone . What
33:53
are most hospitals profit margins ? Well , if they have
33:55
a cardiac unit , they usually
33:58
drive in UF from 5% to 7%
34:00
higher operating margins than
34:03
those who don't . Oh
34:05
, so this is about getting the hospital more
34:07
profitable . Yes , See
34:10
what I did there .
34:11
Yeah , yeah , yeah . That's
34:14
so interesting because they don't even know where they currently sit
34:17
right . They just walk in and show that process to begin
34:19
with and you would remember you were in time
34:21
.
34:22
Even if they do , I'm still not going to . And
34:24
they nailed it and like , yeah , I would do this , you're
34:26
right , you should do it , but I don't
34:29
know it . So I'm going to give nobody
34:31
advice . Even in my personal life , I give nobody advice
34:33
until I start with . Always
34:36
, I don't know . Tell me what's going on . Should
34:39
I break up with my boyfriend ? I don't know . Tell me what's going
34:41
on . Should I invest this money over here ? I don't
34:43
fucking know why you're looking to invest . Should I move
34:45
to a smaller apartment ? I don't fucking know why
34:47
. Do you want to move to a smaller apartment ?
34:50
It always starts with I don't know , my
34:53
question from that is like how has sales
34:55
like helped you in other aspects of life like
34:57
that ?
34:59
I think it's the other way around . How has life helped
35:01
me with sales ? I've just always been
35:03
there to help people . I'm a problem solver and
35:05
I realize that I can't solve a problem if I don't
35:07
understand the problem Right
35:10
. So so I have a tendency not
35:12
always because no one's perfect or no one
35:14
does something 100% but I have a tendency
35:16
, before I act , to
35:19
try to understand the problem Okay
35:21
. So , whether it's an emergency
35:23
situation or whether it's in a
35:26
business
35:29
situation , now my execution always needs
35:31
help , and the longer it takes , the worse
35:33
my execution gets . I'm definitely a spurt worker and
35:35
I like things to go fast . So longer
35:37
bigger projects I'm not as good . I need people around
35:40
me to help with those . But the initial
35:42
problem and figuring out what to do initially
35:44
, I'm very good at . I'm very good at
35:46
assessing problems and I'm very good at stopping
35:48
and looking . This is nothing to do with sales
35:51
, but it's the idea of the
35:53
idea of a problem Right . So
35:56
when I had my first kid , I don't know how
35:58
it happened or what I was doing , but I just happened
36:00
to be reading about childhood
36:03
choking . Now I didn't go looking for it . I'm not really
36:05
worse in parent , but I just saw an interesting
36:07
article somewhere on choking kids
36:09
and what to do , right ? So you can't
36:11
do the Heimlich because they're too little and you can break their ribs . You got
36:13
to hang them upside down and all kinds of shit , right ? But
36:17
I also learned that you don't do any of
36:19
that if they're making a sound , because
36:22
even if it's not a lot , that means air is
36:24
getting through . So
36:26
if it's a full blockage now
36:29
, you got to do that because air is not getting through . But if air
36:31
is getting through , then you can pat them on
36:33
the back or give them a minute and it'll usually
36:35
dislodge itself because that air is coming in and out . You
36:37
know what I'm saying , right ? So I'm going
36:39
to tell you a story . My wife at the time
36:41
, my ex-wife now , and I were at a restaurant
36:44
and our oldest
36:46
at the time , our only kid , started choking
36:48
and my ex started
36:51
freaking out . Oh my God , oh my
36:53
God . And I sat
36:55
and I was trying to hear
36:58
if any air was . It was
37:00
amazing . I was like , oh shit , I know what's going
37:02
on here , right ? So I started
37:04
to try to hear if any air
37:06
was coming out . But my ex was screaming
37:08
at me and I said shut the fuck
37:10
up and she's locked her
37:12
shit , but I couldn't hear the baby
37:15
. You know what I'm saying . Because
37:18
I couldn't hear , I
37:20
was uncomfortable acting because
37:23
I couldn't diagnose the problem
37:25
. See
37:27
what I did there ? Right , had
37:30
it been a full blockage , I was going to yank the baby out
37:32
of that seat and stop pounding and
37:34
tell someone to call 911 and all that . But
37:37
if she could get the air through and I heard enough
37:39
and she's coughing and stuff I
37:42
was going to pat her back right , maybe
37:44
push a little on her stomach and give it time to dislodge
37:46
and it still didn't dislodge , then we would call
37:48
911 , make sure she's getting air
37:50
, make sure she's not turning purple she did start
37:52
turning . Then I'd stop pounding . You know what I'm saying . It's a different
37:55
solution . You see
37:57
what I'm going with this whole thing . So this is just how
37:59
my brain works . It actually went from this to
38:01
sales , not sales to this . How
38:03
do you solve a problem ? How good are you at diagnosing
38:05
what the fuck is going on before you
38:08
try to fix it ?
38:10
And that's before jumping to any conclusion . Right , that's
38:13
the perfect example because it's
38:15
been able . Most people will just jump so super
38:17
fast even when ex-wife didn't
38:20
in that example just to try to
38:22
get any sort of solution , versus like
38:24
it's getting the right solution for the actual
38:26
problem that you have . That's the
38:28
biggest thing , right ? Because I think generally
38:31
in life people can try to put any sort of solution
38:33
that's like better than what they have . But
38:35
if you're selling something to someone , that's completely
38:37
different , right , like , for instance , like we're building out
38:39
different systems because I can fail
38:42
forward , I can iterate on it and get it better , but
38:44
I can't necessarily just like fucking sell something
38:46
to someone as a result of that . Does that
38:49
make sense ? It's like there's a different mentality
38:51
that has to be there . But it's basically understanding
38:53
that . And what I want to ask you from there is about
38:56
your four favorite words . So
38:58
I'm confused . You said what
39:00
type of reaction do you generally get from that , from
39:02
people ?
39:03
Generally speaking , if it's with an existing client
39:05
and they said all of that , it's
39:07
usually pretty good . The only time I got a
39:09
real negative reaction is when I told someone about the
39:11
process in a sales
39:14
call and she freezes oh that's not our culture , we would
39:16
never do that . And she goes we're not
39:18
a good fit , and then she hung up . That's the only
39:20
time I got a negative reaction . But from an actual
39:22
client , no , never had a
39:24
bad reaction .
39:25
That's interesting . So when they're still like
39:27
a prospect and you're kind of walking them through
39:30
, what is it they don't want to kind of
39:32
like align to those values as
39:34
much , or how does that kind of happen in their
39:36
brain for them to have a negative reaction ?
39:39
Oh , I mean as a prospect . I think she thought this
39:41
woman was enablement probably never sold a day
39:43
in her life . I think she just
39:45
felt it was too intrusive .
39:46
Yeah , Okay . So
39:49
it's like you're using like data against them to some degree . I know
39:51
you're not , but that's kind of like how she felt .
39:53
Yeah , yeah . And I said , well , fine , use
39:55
the word I'm concerned , I don't give a fuck . But
39:58
she just didn't get the concept . All she zeroed in
40:00
on was whoa , that's
40:02
too aggressive , we don't sell
40:04
like that here . And I was like did you
40:06
not hear everything that led up to that
40:08
? The idea with the I'm confused
40:11
is basically to help the customer
40:13
understand the decision
40:15
they're making . I do with my own kids , like
40:18
you know . My , let's say , my kid wants to go
40:20
to Stanford and she's got a four , four , right
40:22
, and she went out with her
40:24
friends . Or she's asking me dad
40:27
, should I go with my ? I'm going to go out with my friends tonight ? And
40:29
I got it and I don't get that big final
40:31
tomorrow . And she's like , yeah , I'm like , why aren't you studying
40:33
with I ? You know I'll be okay . I'm like , wait a minute
40:35
. You told me this , this , you I'm
40:37
confused . You told me that you want
40:39
to go to Stanford . You got a four , four . You told me that
40:42
this test is 50% of your grades
40:44
. If you fail this test , then that
40:46
four , four could fall as low to as low as a four
40:48
, which could take you out of the range of Stanford
40:50
. Why is it so important to you go out with your
40:52
friends tonight when that could put Stanford at risk
40:54
. Notice , as a parent . I didn't tell her she couldn't
40:57
. You're going to Stanford , take the test . I
40:59
flipped it onto her and said you
41:01
explain to me based
41:04
on what you said you want . What you said is going
41:06
notice . I said nothing . You said it's 50%
41:08
of the grade . You said it could drop you to a four
41:11
. You said it could take you out of Stanford . This
41:13
guideline said it could take you out . You
41:15
said Stanford is the school you want to go to . I'm
41:20
just painting the picture .
41:22
Yeah , there it is . Tell me , man
41:25
, that's so , that's so like impactful
41:27
, because , again , it's not saying that you did something
41:29
, it's just walking them through that process , right , being like
41:31
you said it to me , we walked through this , that's
41:33
what you wanted and they were . We're trying to get to
41:35
that crunch type and it's always at the end , right
41:38
, have you noticed that it's always ? It's always
41:40
at the end that there's always that conflict . So
41:42
having those numbers and plays keeps people
41:44
honest , basically more so than anything else . All
41:47
right , guys , one short little update for Vox
41:49
. I want to give a short little overview about
41:51
my own company , my media company called
41:53
Vox . So if you are a company or
41:55
you are an enterprise looking to grow
41:57
your brand and looking to grow your podcast
41:59
, feel free to reach out to work with us
42:01
at Vox . What we do is a fully fledged
42:04
end-to-end management of our podcast . We
42:06
take care of the strategy , the consulting , we
42:08
take care of the growth , the management , we
42:10
take care of all the editing , all the boring stuff
42:12
that you can focus on creating good podcasts and create
42:14
and growing your brand If you want to grow
42:17
your podcast and get to new users , if you want to grow
42:19
your business , generate more revenue and
42:21
all that good stuff . Check out the links down below to
42:23
Vox . You can follow through to schedule a call with
42:25
our team , or else you can fill out the application form
42:27
to see if you qualify to work with us . Thank
42:29
you , it keeps them accountable .
42:31
You're just asking people to be . Now look if people
42:34
can change . Look , I may not like it , but that's
42:36
fucking . I don't want to go stamp anymore . It's too much work , are
42:38
you sure ? Yes , I'm going
42:40
to get into USC with a 4-0 . All right , fine , fuck it . Go
42:42
all with your friends , but don't you dare come back
42:44
to me and be bitching Two weeks later oh fuck
42:46
, I wish I had done that . I want to go stamp it , don't
42:48
. You've lost that right . You've
42:51
lost that right I
42:53
put in front of you . You consciously
42:56
made that decision in the moment . You've
42:58
lost the right two weeks later to say , oh fuck , I made
43:00
a mistake . No , no , no , because it's not a mistake . It
43:03
was clear as day , it was a conscious decision
43:05
.
43:07
That's very interesting to hold people accountable
43:09
, because if you were speaking to a client and they
43:11
were they had feedback
43:14
that they wanted to do something . You showed them the
43:16
path . They didn't do it , and
43:18
this is the way for them to be accountable , right , and
43:21
I've actually seen that in our business quite a lot , because if
43:23
there is a lot of touch points like it's
43:25
a lot going on , it's like in every business , so
43:28
people need to hit their own milestones
43:30
. For us to hit our milestones , does that make sense
43:32
? It's a domino
43:34
effect . We need to basically all be bought
43:36
into that process . So when one link
43:38
breaks in the chain whether it's a fucking kid
43:41
going to school , whether it's a company , whether it's a sales
43:44
company , it's all the same right , you
43:47
just insert your own vehicle . Basically , what
43:52
I really appreciate about your book as well
43:54
is the fact that you wrote
43:56
in the way of getting a series of yeses . So
43:58
sales is getting a constant stream of yeses
44:00
, and I think that's super helpful
44:03
because for a lot of people they just focus on the outcome
44:05
. Or even when you're speaking to people that say , oh
44:08
, I've sold this much or I've made this much , or I've
44:10
this much in pipeline , but really
44:12
the real winning comes in
44:14
opening the fucking email and then watching
44:16
the lead magnet and then responding to the lead magnet
44:18
. That's kind of the way of kind of changing the philosophy
44:21
now . So how do you think about that in terms
44:23
of getting this series of yeses to build confidence
44:25
in yourself as a salesperson ?
44:28
The next yes isn't designed to create confidence
44:31
in salesperson . The next yes is to make sure
44:34
you understand where
44:36
you are in the sales process , because
44:39
no one says you
44:41
want to buy yes , well , almost
44:43
no one . So the
44:46
yes is what is your sale in the
44:48
sale ? So the sale
44:50
and the sale in the very beginning is yes , I'll meet
44:52
you . So your goal is to hopefully get them
44:54
to buy your software , whatever it is right . That's
44:56
the end close . But in order to get them to buy your software
44:59
, the first thing you got to do is get them to say yes to me . So
45:03
how do you create enough value for them to
45:05
meet ? Once they meet
45:07
, then the next thing you have to do is
45:09
say what's my next yes ? Is it to bring in new people
45:11
? Is it to do a demo ? Is it to get them to
45:13
get to sign an NDA ? What is
45:15
the next yes , because
45:17
nothing else is happening to you . Get the next yes
45:19
. So if they don't perceive enough value
45:22
for the next yes , that's where a deal stalls . Or
45:24
if you don't know what the next yes is , that's
45:27
where the deal stalls . So your job
45:29
is to figure out . Okay , my next yes now is to get them to sign
45:31
the NDA . So you're like all right , tom
45:33
, I'd like us to sign
45:35
an NDA which will allow you to give us all this information
45:37
and if you can give us this information
45:40
, this would allow us to
45:42
A , b
45:44
and C and that would allow you to
45:46
see this or do this or check this . Do
45:49
you think that makes sense ? Yeah , I would like
45:51
to see that out . See , I will
45:53
get the NDA signed the cost
45:55
if you give me or to get
45:57
me this . You see , I mean that's a transaction
46:00
. So once you have that next yes
46:02
, and I give you that , then you
46:04
say , okay , now that he's got that , what's the next yes ? Is
46:06
it to get him to agree or could solve his problems ? Is it
46:08
to get him to bring the CEO in ? Is it get
46:10
him to do like I don't know what the fucking next is ? I'm making this shit
46:12
up as I go . But once that's done , okay
46:14
, what's the next yes ? You're trying to
46:16
show him enough value
46:18
to do that , and
46:21
every one of those should get you closer to
46:23
the close . So the final yes is
46:25
I'm buying .
46:27
Hmm , that NDA part is super
46:29
interesting as in . You could open
46:31
up so much more doors with that . I know , obviously
46:34
in a B2B relationship that might be more regular
46:37
, but I guess in smaller companies they
46:40
might not have that in place a lot of times , so then people will
46:42
not give them the information they need Like
46:44
that . This is the best way to bridge that gap , to get
46:46
more information , to be able to help them
46:48
even more .
46:49
I mean , if that's the buying cycle . I just
46:51
made all of that up Like I'm just trying to think
46:54
of , yeah , I'm just trying to think of common steps
46:56
that I could use to illustrate what a next
46:58
yes is . But if you don't need an NDA
47:00
, don't make that an unnecessary yes . The
47:03
next yes could be I agree to you coming out
47:05
to my plan . Right , a
47:07
lot of people don't have time . I don't have time to fucking have someone come
47:09
walk through my plan . So I've got to convince
47:11
you to agree to give me
47:13
a plant tour , All right . And
47:15
then , if that's my next yes , all
47:18
I should be focusing on in my sale right now is
47:20
how do I show this guy or girl that
47:22
it's worth three hours of their time
47:25
for a plant tour ? Just
47:27
see what I'm saying . Like that's a sale . Let's
47:29
literally a sale . Will you let me come
47:31
out ? Let me show you why it's valuable
47:33
to you . If you let me come out , I'll do this , this , this
47:35
, and I'll be able to provide this , and by providing this
47:37
, you'll get ABC and D . Can't
47:39
you see how that'll be able to fit you ? Hey , that's a good point , I'll
47:41
go with that . Let's go . No , I don't see the value
47:43
in that ? I don't need it . I don't need it
47:45
Like that sales going nowhere until
47:47
you figure out how they can see the value in
47:49
the next . Yes , so that's your sale . Like
47:52
it's just . Every sale has about seven
47:54
to 50 little sales in them
47:56
and each one of those little sales everybody
47:59
paying attention to the podcast every
48:01
one of those little sales requires
48:03
value . It
48:06
requires value . So you demonstrating
48:09
or highlighting the value of
48:11
that little sale , the value of doing the NDA , the
48:13
value of the tour , the value of the pilot
48:15
, the value of an introduction to CEO , the
48:17
value of sending
48:19
a product demo , like I don't fucking know
48:21
. The value of the next meeting , like
48:23
the value of introducing you to the team . You
48:26
need to show the value of
48:28
getting them to do
48:30
something else .
48:33
Man , I love that . It's basically a way
48:35
for people to just not get stalled , because they're
48:37
always focused on them . Again , it
48:39
just seems so logical . I'm gonna have to listen
48:41
back to this like about 15 different times , I think , just
48:45
to see those steps , because that's
48:47
where things get stuck in the pipeline . They're just getting stuck
48:49
continuously . Before we finish
48:51
up , I wanna ask you about building a sales team . Now , I know
48:53
this is exactly . This could be a podcast in itself , but
48:56
what are some of your kind of first principles
48:58
for building out a sales
49:00
team , especially a gap selling team ?
49:04
I want smart people , super , super
49:06
smart people with strong
49:09
business acumen or critical
49:11
thinking skills , tons of curiosity
49:13
, tons of personal development , what
49:15
I call deliberate learning , people who find
49:18
their weaknesses and go out and
49:20
deliberately try to fill those holes . They
49:25
gotta be super coachable . Those
49:28
are the ones that are most important to me Coachable
49:30
critical thinking skills , business acumen
49:32
. I
49:35
know I just forgot a couple , but yeah .
49:38
And in terms of the processes , is
49:41
it on the sales leader to
49:43
build out that kind of framework in the back end ? Just
49:45
for context , we're currently building a sales team
49:47
and
49:50
it's interesting . It's a lot of fun . There's a lot of challenge
49:52
with that . And
49:54
first , my first kind of protocol has just been
49:56
put the pillars in place for what
49:58
they need to fucking know
50:00
, learn , understand the product , understand
50:02
everything that's happening in there . From my perspective
50:05
, before we could even start engaging with
50:07
them , engaging with prospects
50:09
, like how do you think about that ?
50:11
Yeah , so there's the decision
50:14
criteria on the person . So
50:16
the first thing you need to do is show what type of people do you
50:18
want . Be very , very clear . What are
50:20
the decision criteria in
50:23
the people you want ? Then you have to ask
50:25
yourself what is the evaluation
50:27
process to
50:29
determine ? Do they actually have those criteria
50:31
? So if you're looking for business acumen
50:34
and you're looking for drive and you're looking for personal
50:36
development and you're looking for deliberate learning and
50:38
you're looking
50:41
for critical thinking skills and you're looking for curiosity
50:43
so those six how
50:46
are you going to evaluate that ? Like , what process
50:48
are you gonna put someone through to
50:51
determine if they have those things ? So
50:53
, once you have that , that's your hiring criteria . But then
50:55
your training criteria is what
50:57
you actually need them to do ? What are they supposed
50:59
to learn ? And that's the skill layer
51:01
of the sales or the skill management layer
51:04
. So , yes , you need to lay that whole thing
51:06
out . What am I going to teach them
51:08
? What do they have to know ? How
51:10
are they supposed to execute ? What are the steps
51:12
? What are the process they have to gauge in what
51:14
you know ? And , yeah , and that becomes very
51:16
, very scripted as far as the framework
51:19
is concerned , in a way that they can execute on that
51:21
framework .
51:23
How do you measure success
51:25
of someone like that then afterwards , when you
51:27
release them into the world ?
51:29
They've hit their goals . You've got to be very clear
51:31
on what they're expected .
51:33
Very , very clear .
51:34
I mean , at the end of the day it's their performance goals , but
51:36
you have to decide what they are . But they can hit their goals .
51:39
Hmm , I get it . That makes sense . So
51:42
basically that can be a combination
51:44
of like working closely with them , reviewing
51:46
their work Like I remember watching some like sales
51:48
content on this , which was like you
51:50
want to be checking in , reviewing their calls
51:53
or reviewing their messages , maybe
51:55
once or twice like a day in the beginning , and
51:57
basically just making sure that they're hitting their criteria .
52:00
Yeah , yeah . I mean , look , if
52:02
they're new and you're coaching them , you want
52:04
to be observing how they're
52:06
applying what you taught them . Right
52:09
, you want to be observing how they're applying
52:12
what you taught them and you want to
52:14
keep guiding them
52:16
and steering them in the right direction
52:18
. But you should be seeing a
52:20
modicum of improvement as you go , and as long as they're
52:22
improving and those improving and turning
52:24
into results , then you should be OK .
52:28
That makes sense ? Do you have any principles on , like you
52:31
know , I've heard previously like hiring two people
52:33
and then basically like firing
52:35
those like the person , like that's not
52:38
performing or it's like a benchmark , versus like hiring
52:40
for one , because if I were for one they don't have
52:42
like any benchmark . Does that make sense ?
52:44
Yeah , no , I've always been a fan of hiring too , but
52:46
not everybody can afford to Right
52:49
, not everybody afford to TWO , not afford
52:51
to . But yeah
52:54
, I mean , look ideally and not even firing
52:56
one . I don't like the idea of firing one Like
52:58
you hire two . Think about a four quadrant matrix
53:01
. Hiring two minimizes
53:03
the risk . It's higher risk but it's
53:06
a greater probability of success . So
53:08
the point being is simply , if I
53:10
hire two people , four quadrat matrix
53:12
, they both make it . I
53:14
win Big time . Yeah
53:18
, guy A makes a guy B doesn't ? I
53:20
still win . Took a little bit of
53:22
a hit on the three months . The other guy didn't
53:24
make it , or girl didn't make it Right . Took
53:26
a couple of months hit , but not the end of the world . Scenario
53:28
three girl makes a guy , doesn't I
53:31
win ? Someone's working , I got a peed person's making
53:33
it , I took a little bit of a hit right that
53:35
that person , you know whatever two , three months
53:37
salary , but it was like six , 10 grand most . That shouldn't kill
53:39
you . Then the worst
53:41
case is neither one of them make it . Then
53:43
you can ask okay , what's wrong ? Should
53:45
we like ? Is the criteria wrong ? Is
53:48
the product even got a chance ? Like you know , if both
53:50
of them fail , that should be a big red light .
53:53
Man , that's amazing . I wish we could . I
53:55
could pick your brain for much longer . I think we need to come back
53:57
to it for your second book . Right , when you come up with another
53:59
book , we'll do another one . But
54:02
, man , I want to say a big thank you though . I really appreciate
54:04
this and I'm gonna do it for you
54:06
in the future . Always let me know .
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