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Colin’s Corner – Wealth Creation – luck or practice?

Posted on July 25, 2007 by Karl Goldfield.
Categories: Colin's Corner.
In the widest possible context, the wealth of a nation is totally dependent on the ability of business within its community to sell their products and services, just as every job within every business is totally dependent for their existence on the sales function’s ability to sell. The sales function is equally totally dependent on the sales ability of each and every member of the sales team. If these individuals do not perform then the organisation does not perform and in turn, if organisations do not perform then the nation does not perform. Do or die. However, it is unlikely that a nation will die due to lack of performance of business… there are too many good businesses to let this happen, but what would happen to the nation if each business could increase their results by just a few percentage points. What effect will this have on the nation’s Gross Domestic Product? Obviously sales success is dependent on many factors, but no matter how well an organisation covers these other factors, if their sales function is less than effective then the organisation will not be effective. Effectiveness is measured in terms of each individual salesperson’s ability to close business – to get the deal. Therefore, it can be argued that the wealth of a nation is dependent on the skills of a relatively small number of people’s ability to win business – so many people dependent on so few. Given this dependency, it is very surprising how little attention is given by business to developing the individual skills and knowledge of their sales force and in turn how little effort is made by sales professionals to hone their own skills. A nation takes pride in sports success, in the success of their performing artists and in the success of business. If we look at both sports people and performing artists, we will see that each individual takes responsibility for their own success… they practice their skills for hours a day to perfect them so that when they have to perform they are at their best. They will push themselves to be the best. However, in the business world it is totally the opposite… very little training is undertaken; rehearsing before an important event – such as a sales presentation – is unheard of and rarely will an individual take the responsibility for developing their skills and knowledge. The attitude is, well I’ve done that training course, tick the list and move on. Many sales mangers or VPs in businesses also tale the view that they employ senior people who don’t need training… crazy, just plain crazy! However, what would happen to business and the nation if sales professionals were to take the same pride in honing their skills just as the sports professionals and performing artists do? Would we see that percentage rise in results… yep, I’m sure we would. Therefore, I suppose the final word should go to Gary Player, the South African golfer who said “The more I practice the luckier I get.”

-Colin Wilson

The start of Colin’s Corner – A collaborator and sales trainer

Colin Wilson has joined the fun! He is a founding partner of First Border, one of the UK’s leading sales training consultancies. He is a Chartered Engineer, a Fellow of the Institute of Sales and Marketing Management, and a Practitioner of NLP (Neuro Linguistic Programming). His insight is welcome and you can find his posts in the category section called Colin’s Corner.

His first contribution will follow this introduction, and we welcome all of you to join us!

Colin and First Border provide individual salespeople with the skills to make them successful business men and women who can maximize simultaneously their own rewards and those of their sales teams. Colin’s own blog can be found at http://www.firstborder.com/sales-blog/

Coffee Break – What do you want from this site?

Posted on July 23, 2007 by Karl Goldfield.
Categories: Coffee break.

Another break from the daily routine, Mondays seem to be a good day for this. Let’s have a little fun and see who is reading the site on a regular basis.

My question is a three parter:

1. What do you want from the content of this site?
2. Would you like to see many authors or just a select few?
3. Should comments be turned off?

Thank you, and check out the new job board!

Look forward to seeing the responses.

Coffee break 1: Your funniest interview part 1

Posted on July 19, 2007 by Karl Goldfield.
Categories: Coffee break.

OK, so every now and then I am going to have to take a break from the current series of posts and have a bit of fun. First, I WANT TO THANK ALL OF YOU WHO HAVE COME TO MY SITE IN THE FIRST WEEK! I never thought so many people would find me so quickly.

Again I want to remind you that this is a community blog effort. Your input is welcome and wanted.

I will review this topic again in a couple of months when we have more readers. Here goes:

Please share with me your most amusing interview experience, whether you were the interviewer or interviewee. Please refrain from stories of too graphic a nature. In the spirit of the request I will share a couple when I re-post the comments listing in a couple of days.

Comment response: Powerpoints and sales

Posted on July 16, 2007 by Karl Goldfield.
Categories: Comment response.
Question asked:

You bring up a lot of interesting points. Moving our conversation from Linkedin to your new blog (congrats by the way!) here is my question from the beginning…What is your take on sales forces and their use of PowerPoint?Chriswww.visualcontentsolutions.com

Chris,

My opinion on Power Point is that it is an effective tool when used properly. Presentations for presenting sake is a waste of time. That said, it is useful to deliver powerful messages to clients via PowerPoint when reviewing product and strategy.

Example 1: Field reps need to present timelines for long sales processes, complex product builds, and detailed multi-faceted sales strategies. PowerPoint can be a fantastic tool.

Example 2: A marketing team can build strong presentations that outline a product and using a tool like WebEx, inside sales teams can use them to pitch simple to medium complexity offerings. This is an excellent trade off for online demos.

I am sure you will have more comments, so I will await that and any other response before offering more details.

SalesConx