Attitude Determines Altitude: Selling Power Says Goodbye to Zig Ziglar


This week great motivator, author, and sales leader Zig Ziglar passed away at the age of 86. We searched our archives and republished some of our best articles featuring Ziglar’s insight and wisdom. Click the links below to read more about Ziglar’s life and lessons, and why he leaves an incredible legacy.

An Interview with the Great Zig Ziglar (1997)
Learn the personal tips that put Ziglar at the top of his field and created success for a lifetime.

Remembering Zig Ziglar: Keys to Sales Success
Gerhard Gschwandtner, founder and CEO of Selling Power, interviewed Ziglar for Selling Power magazine a number of times. In this post, Gschwandtner remembers a few memorable stories Ziglar shared with him. 

Remembering Zig Ziglar: America’s #1 Motivator
A transcript of Gschwandtner’s first interview with Zig Ziglar, originally published in 1982.

 

 


A Ten-Point Sales Leadership List for 2013

by Gerhard Gschwandtner

As we near the end of 2012, I’m certain about one thing: your success in sales will be dictated by how well you anticipate your buyer’s needs and expectations. Here’s a list of questions that can help you prepare your sales organization to win in 2013.

1. Do you thrive on change?

If your company’s rate of innovation is slower than normal for your industry, you can’t expect forward momentum. Customers are always looking for new ideas. If they can’t get them from you, they’ll get them from your competition.

2. Are you committed to ongoing improvement?

The more you improve as a company, the better you can help your customer’s business improve. Remember that the more customers improve as a result of your sales efforts, the better your bottom line.

3. Are you stretching your abilities?

If your salespeople don’t stretch their abilities, you’ll see a stretch in your company’s liabilities. If your team’s sales goals are not stretched, your cost of sales soon will be.

4. Are you removing all barriers to buying?

If you can’t deliver what your customers want, when they want it, they will surely look elsewhere for a company that can. Are you willing to improve your sales performance to a world-class level? Do you have a plan for mapping your sales cycle to the buyer cycle, and removing all barriers to buying?

5. Do you exploit technology aggressively?

The purpose of technology is to save time for the customer, to manage relationships for the sales team and to help management improve the organization. Is your information technology truly designed to serve people’s needs?

6. Is everyone motivated to win?

People come to work to win, not to lose. Winning demands that the heart be involved in the job. If salespeople love what they do, sales managers will love the results.

7. Do you measure and reward top performance?

Winners expect results, not excuses. Result seekers are scorekeepers. Set competitive rewards commensurate with the levels of achievement.

8. Are you managing meaning?

Rethink, resell and renew your company’s mission. If your salespeople can’t answer the question “why are we doing this?” you cannot expect them to get the job done. Once your sales team knows the “why,” the “how” will be easy.

9. Are you failing forward? I

f nobody makes a mistake in your organization, it’s a sure sign that you’re not growing. Use failure as an opportunity to learn. If you want to triple your success ratio, you have to triple your failure rate.

10. Are you creating trust?

How much trust do your customers place in your company? The answer will be in direct proportion to the amount of repeat business. How much trust do your salespeople place in your company? The answer will be in inverse proportion to your turnover. Do the right thing and you will create more trust.

Gerhard Gschwandtner is founder and CEO of Selling Power, and is host of the Sales 2.0 Conference. Follow him on Twitter @gerhard20.

Why Love (Not Money) Makes Great Leaders: Insight from Dr. Herb Greenberg

According to Dr. Herb Greenberg, founder of Caliper Corporation, great leaders are not motivated by money.

This is just one of the conclusions Dr. Greenberg drew from his extensive research on the qualities and characteristics that make great leaders, which he published in his book, Succeed on Your Own Terms (which eventually became a New York Times bestseller).

Among the hundreds of leaders interviewed for the book, Dr. Greenberg says that each had his or her own unique definition of success. “Each person knew exactly what he or she needed to do in order to feel like a success, short term and long term,” says Dr. Greenberg. “None of these leaders used money as a definition of success.”

Dr. Greenberg (who lost his sight at age 10) launched his own long and successful career with a single great idea — he was convinced there was a market for assessment tools that could help companies assess qualified candidates for job openings, including sales. In 1961, he left his job as a college professor and founded Caliper. He and his business partner began knocking on doors to spread the word about the value of a comprehensive personality test to assess job candidates in management, sales, and customer service. At the end of four months, they had nothing to show for their efforts but a string of rejections. “Many times, I woke up thinking to myself what have I done?” Greenberg told Inc.com in this video interview. In a blog post, he summed up his recollection of that time by saying, “The number of rejections, including being laughed at, cannot be counted — I can only say that we needed face masks to protect us from the doors slammed in our faces.”

Finally, Gail Smith, VP of Merchandising for General Motors, decided to take a chance on them. Just three years later, Caliper was performing assessments for 900 job candidates a month for dozens of clients. Dr. Greenberg told Inc.com that persistence was key to their success. “Fight through the failures, take the rejections … and we say this to anybody who’s looking for a job or a client. People are going to tell you ‘No.’ If you’re ahead of the curve, you’re going to hear ‘No, no, no.’ You need the ego strength to take that beating … and push forward.”

Today, Caliper employs more than 250 professionals in 12 offices around the world and is a recognized leader in using personality tests and assessments to predict success in management, sales, customer service, and even sports. In this video interview, Dr. Greenberg shares a story with Selling Power founder and CEO Gerhard Gschwandtner about a successful basketball player they interviewed.

“Everyone said he had all this talent in the world … but would never be Shaquille O’Neal or a Tim Duncan, or any of the great ones,” Greenberg says. “I said, “What’s holding you back? Why aren’t you as good as you could be?’ He said, ‘I hate this game.’ I said, ‘So why are you playing it?’ He said, ‘They pay me $6 million a year!’ But that’s what stopped him from being a great leader. Not loving his work.”

Watch the interview below between Dr. Herb Greenberg and Gerhard Gschwandtner and discover the top qualities that all great leaders share.

How Sales Leaders Can Avoid the Quarter-End Crunch

Quarter end crunch in sales
Image courtesy of FreeDigitalPhotos.net/DigitalArt.

The end-of-quarter crunch.

For most sales teams, I’d venture to say it’s 10% adrenaline-fueled excitement, and 90% utter torture.

A quarter-end wish list for any head of sales would likely include these items:

  • a healthy deal cushion to serve as a fail-safe;
  • complete visibility into sales team activities on prospective accounts; and
  • predictability.

The end-of-quarter timeline will vary depending on your goods or services, but the anxiety level maps to the same pattern:

Code Yellow: Pricing
You and your prospect should have agreed on pricing terms X number of weeks before the end of the quarter. You know what X is for your organization (for us in the software world, we’d be looking at approximately four weeks from quarter close).

Code Orange: Contract Review
You have a contract ready for the counterparty’s review by this number of weeks from the quarter end (for my team, it’s three weeks). If terms are still being haggled, it is unlikely you’ll close the deal in time.

Code Red (an appropriate color): Redlines
You should have a redlined copy of the contract from your prospect by this point (for us, two weeks from quarter-close).

Point of No Return
You’re in the office at 6:00 a.m. every day that last week, trying for last-minute heroics, but the reality is you were counting on a deal that didn’t adhere to your timeline.

In an ideal sales world, we could structure predictable outcomes from vendor-selection stage to the moment the customer signs on the dotted line. The limited amount of time we have to close deals at quarter-end forces us to take a good, hard stare at how we can improve efficiency closer to the beginning of the negotiation process.

One simple way to avoid the quarter-end crunch is to inject deal predictability and efficiency into the sales cycle. How? Start with the foundation of your deal: the contract. Here are some techniques that you can start implementing right away:

1) Get a term sheet from your prospect as early as possible. Knowing up front what your prospect intends to include in the contract will ensure that you have a clearer picture of the deal timeline. The sooner you can see the terms and conditions that are crucial to your prospect, the faster you can respond (and the better prepared you’ll be for negotiations). At this point, you’ll already have improved your deal predictability by understanding if the feasibility of your prospect’s essential terms implies weeks, months – or even more than a year for deal closure.

2) Create a “contract playbook.” Perhaps one of the most important things you can do in the early phases of a deal is create a contract playbook – the series of items to which you’re willing to agree so the deal doesn’t get bogged down in legal quicksand. One of the common reasons a negotiation gets delayed is unreasonable terms and conditions on both sides of the fence. Creating your contract playbook ensures that you have a plan about which cards you want to show.

3) Prepare the way for quick signoff.  If you’ve cleared the more difficult hurdle of coming to terms, you don’t want to miss closing the deal because you can’t get the contract to the right people at the right time. Make sure you fully understand the sign-off process for your deal before crunch-time hits. If you have many different types of contracts and a complex approval cycle, consider deploying contract-management software that can automate many of the steps, reduce errors, and speed the approval cycle.

End-of-quarter stress is a fact of life for sales teams. Rather than hope for last-minute heroics to get your deal done, invest in some smart steps ahead of time so make the process more predictable. You’ll be ahead of the game and ready to speed to close when the customer says, “Yes.”

Doug Bell
Doug Bell is Chief Commercial Officer at Selectica.

5 Important Blog Posts for Sales Leaders

Busy week with your sales team? We thought so. Here are links to five great blog posts you might have missed in the past week, related to topics especially important to sales leaders (including compensation, motivation, social selling, Sales 2.0, and the new B2B buyer cycle). Happy reading!

Blog Post #1: The smart way to motivate, reward, and compensate sales reps (via Sales 2.0 Conference blog)

Have transparent payout information. Salespeople shouldn’t worry if last week’s deal will be in their paycheck or not. If they can see the deal is credited toward their payouts, they can focus on the next one. According to Zuora, it’s a “dispute killer.”

Blog Post #2: Know your B2B buyer cycle (via Sales 2.0 Conference blog)

Here are three basic questions that sales leaders should be able to easily answer about today’s buy cycle:

  1. How well can your sales team build relationships with customers via a variety of channels?
  2. How well does your sales process map to the buy cycle?
  3. How empowered are your reps to have compelling and relevant conversations with qualified prospects online?

Blog Post #3: Saying goodbye to the good old days of selling (via Selling Power blog)

I have always believed that selling is an art. Today, however, no sales leader can afford to ignore science. Sales 2.0 and technology solutions are making the art of selling measurable in actual numbers. And that is going to have a huge effect on the way we lead sales teams in the years to come.

Blog Post #4: Communicating value to prospects (via Heinz Marketing blog)

Many companies include examples of the problem in their sales presentations, and wonder why prospects don’t immediately light up.

Your prospect isn’t going to buy unless the cost of changing is lower than the cost of doing the same. Isolated, anecdotal evidence doesn’t change that value equation. But communicating the scope of the problem very well may.

Blog Post #5: The effect of social on enterprise selling/thoughts on Marc Benioff’s keynote at Dreamforce (via Sales 2.0 Advocate blog)

As your customers, employees and partners become increasingly connected online, this raises some interesting questions, opportunities and risks in regards to trust:

  • Will we have some kind of open and universal access to ratings and reviews for B2B sales and service professionals as we now see on consumer Internet sites for professionals like doctors? Will enterprise products – and the companies that produce them – be subject to a proliferation of eBay or Yelp-like reviews?

Become a Better Leader: Tips from a Former Fighter Pilot

If you want to be a compelling leader, you need to inspire your team, challenge them, and tie their everyday activities to the larger vision for the company. In this video, former fighter pilot Waldo Waldman talks about a commanding officer whose “consistent passion and focus” inspired him to be a better fighter pilot — and why he thinks the secret of great leadership lies in one-on-one interaction.

VPs of Sales: Challenge Your Managers to Think Differently About Sales Productivity

status-quo.jpgNo one ever said that you had to be an Einstein to run sales, but his thoughts do apply: “Insanity is doing the same thing, over and over again, but expecting different results.” Yet many sales leaders seem to accept living with the insanity of sales ineffectiveness, or sales enablement programs that lack focus.

These sales leaders don’t know how to challenge their HQ team to change the status quo. If you run sales, take this as an opportunity to challenge your team to think differently. Here are five questions to ask.

1) “Tell me your plans for onboarding and sales training/enablement?”

What’s the first thing that your marketing and product managers will mention? If they respond with something about new product capabilities, it’s backwards. We guarantee the results will be out of alignment, and will not be well received by the field sales team.

Bottom line: if you don’t have a single sales-led definition of the strategy and the outcome, go and get one.

2) “Whose journey are we on?”

Progressive sales teams don’t just think about sales process; they start by thinking about their buyer’s journey. At a minimum, it’s a progressive engagement model. Properly adapted, it’s a sales culture change that matches 2012 reality and means better selling results, less waste, and a far better way to organize your training and content.

Bottom line: if you don’t have a well defined buyer’s journey, and then properly map your sales process to it, then get your top field sales practitioners in the room with your sales ops and marketing leadership and develop one.

3) “Do John and Jane know when to ‘go/no go’?”

Do your average sales reps understand what they need to discover and discern, and how this relates to the key “go/no go” decisions they need to make at each stage in the buyer’s journey? Sometimes the best decision might even be to disengage and nurture for the future. Top performing reps intuitively get this and mediocre ones don’t. Therefore, mediocre reps struggle, believing every deal is worth winning. Again, it’s simple. Knowing what you need to know and what you don’t at each stage for “go/no-go” can dramatically improve your sales effectiveness.

Bottom line: get your best reps into a room and ask them to map their “go/no go” decisions against your buyer’s journey. Then bake this into your sales process and ask your sales managers to instill this discipline into their forecast calls.

4) “What sales capabilities are we missing?”

Play “find the missing sales capabilities” with your best people. When critical sales capabilities are not well developed, they prevent your team from engaging, closing bigger deals, or compressing the sales cycle. A hint: less is more.

Bottom line: identify the top three sales capabilities that are the common denominators within your best performers. Then ask your sales managers – does our sales enablement address these? It doesn’t? Perhaps it’s time to send you to pasture.

5) “How well do we coach?”

You probably have multiple levels of sales management. Ask yourself: “What impact do these coaches have on our overall selling effectiveness, and where are my coaches?” Hard experience as professional coaches has taught us that any program where we can’t find committed manager-coaches is flawed.

Bottom line: get your top coaches into a room and ask them how they’re improving performance and how can you help. Document the responses, coach the lesser coaches, and bake it into the performance review process. John Wooden would approve.

Steve Crepeau
Steve Crepeau and Jeremy Barnish are panelists on the “Challenge Your Company to Think Differently about Sales Enablement” breakout session at the Sales & Marketing 2.0 Conference this October in San Francisco. For a copy of his book, Effective Enterprise Sales Enablement, email him at screpeau@truesalesresults.com.

5 Misconceptions about Sales Enablement Plans

Leading analysts and companies we work with agree on the top issues sales leaders struggle with year after year:

  • conversion ratios are falling,
  • fewer sales reps are making quota,
  • sales rep attrition rates are rising,
  • it’s taking longer to effectively ramp up new sales team members, and
  • there is increasing misalignment between sales and marketing.

To overcome these challenges, every sales leader needs a strategy and systematic program to build key sales capabilities and deliver them to the entire team via focused content and iterative training. In other words, they need a sales enablement plan. For each week that you can shave off the time it takes to get a new sales rep to productivity, you can see the benefits in the form of real revenue dollars. It’s really as simple as that.

8 Things We Learned That Could Move Your Sales Enablement From Yawn to Wow.

 

Yet, when we sit down with clients to build out sales effectiveness content and training, we scratch our heads at their misconceptions about what sales enablement means. Here are the top five misconceptions we hear:

1) “We’re swimming in messaging content … let’s do some more and organize it better!” At the most basic level, sales enablement requires two key things: the right content and effective training to get it into the brains of action oriented sales people. The skew in a lot of organizations, however, is on volume of messaging content rather than a balance of content and training. Worse, the problem is not just volume, it’s also the type of content they make available – most construct “product-out” messaging, when most effective sales people think “customer-in” messaging.

2) “Just give them the value props and they’ll work out how to sell it.” Sure, maybe the top 20% will do that, but the others will simply struggle and pretend that they get it. A good sales enablement program strives to make “the many” as good as the best practices of “the few” based on tribal knowledge from the field, where the real lessons are being learned every day.

3) “Sales enablement is tactical and should be designed and done by marketing or sales ops.” Sure, both make an invaluable contribution, but the one with the quota should own the show. Our strong belief is that the strategy and ownership of sales enablement should not be delegated by sales leadership to others. Bottom line: sales leadership needs to identify the problem in the gap between company strategy and field sales execution, set a strategy and define outcomes aligned to the buyer’s journey, and orchestrate a sales and marketing process that optimizes your ability to sell more effectively.

4) “Why do it at all? It’s not adding to my top line! Let other companies train our sales reps and we’ll just hire them. Then pistol-whip them to perform.” This is very common in the more, shall we say, “traditional” VPs of Sales (aka anachronistic dinosaurs) who view enablement as just another fad sales methodology or generic sales skills training that they did themselves. Yet, in our two decades-plus of B2B enterprise selling, we have never come across anyone who has been able to staff his or her team with a full complement of such highly performing automatons. In 2012, the reality is that your team is constantly in flux: reps are not making quota, customers are harder to engage, and even normal attrition means you are losing a good chunk of your people annually.

5) “Use technology to deliver the right information at the right time in the sales process to the right person.” Technology is an enabling agent, not a panacea. Salespeople don’t learn by downloading, they learn best by doing and practicing against real world or close-to-reality scenarios in a competitive environment. This, in my opinion is a crucial element that is paramount to the success of any good program.

Steve Crepeau
Steve Crepeau is CEO of True Sales Results. He’ll be a panelist on the “Challenge Your Company to Think Differently about Sales Enablement” breakout session at the Sales & Marketing 2.0 Conference this October in San Francisco. For a copy of his book, Effective Enterprise Sales Enablement, email him at screpeau@truesalesresults.com.

Recommended Reading: “The First 90 Days”

  • Rating: 4 stars
  • Ideal for: sales leaders who are taking on new leadership roles, first-time VPs of Sales, first-time CEOs, any leader tasked with transitioning a team through major changes.
  • Stats: Sold 500,000+ copies in English; translated into 27 languages
  • Case studies: Yes
  • Publication date: 2003
  • Purchase links: Amazon, Powell’s
  • Author Website: www.michaeldwatkins.com