Colleen Stanley

Colleen Stanley

SalesLeadership Inc.
Colleen Stanley is president of SalesLeadership, Inc. She is a monthly columnist for national Business Journals, co-author of 'Motivational Selling' and author of 'Growing Great Sales Teams: Lessons from the Cornfield.' Colleen is a popular speaker for Vistage International, Women's Leadership Exchange and was the featured speaker on sales for the 2006 New York Times Small Business Summit.
  • 0 comments 380 reads
    Posted on 2012-05-16

    Dr. Charles Swindoll said, “Discipline is something no one likes but everyone admires.”   The longer I am in the sales training profession, the more convinced I am that sales success is contingent on a salesperson’s discipline. 

    Let’s face it; we live in a world of shiny objects.  If you aren’t tempted by checking your Facebook page, you will be tempted by the latest email landing in your email in box.  It takes discipline to stay the course and honor the business development plan that you have set for the week. 

    So what do disciplined salespeople do that non-disciplined salespeople DON’T do? 

    #1: They make a decision.    Before any great goal can be accomplished you must make a decision that the “why” behind the goal is big enough to go for, and that you will do “what” it takes to achieve the goal.   Many people never make a decision.  They keep talking about the pros and cons of doing something, confusing the discussion with...

  • 0 comments 223 reads
    Posted on 2012-04-24

    There was a popular movie several years ago called Ghostbusters.  I think movie producers need to look at another movie called Sales Busters.  

    The theme of the movie could be around “busting” the myths surrounding what it takes to succeed in sales.   Here are a few of my favorite myths that many sales organizations still believe which prevent them from achieving predictable and sustainable sales. 

    Myth Number One:   Salespeople are disorganized.  No, bad salespeople are disorganized.  In my years of leading a sales team and now teaching salespeople, I find the best salespeople are highly organized.  Their week is planned and they don’t deviate from the plan.  They constantly analyze their business and focus only on the highest return activities and prospects.  Look at a top producing rep’s calendar and an average producing rep’s calendar and note the difference.    One will be full of action items and to-do...

  • 0 comments 252 reads
    Posted on 2012-04-12

    Do you have an emotionally intelligent sales culture?  It almost sounds like an oxymoron based on the perception of salespeople and sales teams.  Aren’t the best salespeople hard charging, self-serving and take no prisoner type of personalities? 

    The answer is yes and no.  Effective salespeople are competitive and goal oriented.  They are also likeable and good at reading and relating to people.  Salespeople harnessing the power of emotional intelligence know you don’t have to leave bloodied bodies on the way to achieving their sales quota.   

    Daniel Goleman defines the framework in his book, Emotional Intelligence, as self-awareness, self management, social awareness, and the ability to manage relationships.  All of these competencies are important for building successful sales cultures.      

    For example, let’s look at the emotional intelligent attribute of interpersonal skills.  This EI competency is important in building and maintaining...

  • 0 comments 522 reads
    Posted on 2012-04-10

    It’s the end of the first quarter.  Where did you end up?  Ahead of goals, right on par or running behind?  

    If it’s the latter, it’s time to stop doing what you’re doing and evaluate your game plan.  If you keep doing what you are doing, you are going to keep getting what you’re getting.

    Ask yourself three basic questions:

    The first place to look is your calendar.  Yes, right now, open up your calendar.  If you don’t have proactive business development times blocked out on your calendar, it’s probably the number one reason you are looking at an empty or less than desirable sales pipeline and results.  As the old saying goes, “If you fail to plan, then plan to fail.”  Empty pipelines create desperation breath during sales meetings.    You look and sound needy without even opening your mouth.  You write practice proposals out of hope rather than qualification.  You discount because empty pipelines create a scarcity sales mentality, not an abundance sales mindset...

  • 0 comments 238 reads
    Posted on 2012-03-29

    Dr. Phil wrote a book a few years ago titled, “Life Strategies.”  There are many concepts covered in the book, however, the main focus is on choices.  His point is that everyone has the freedom to make choices.  And with such decisions follow consequences, both good and bad.    

    Salespeople make choices every week that can either add or inhibit their success.  Here are some of the choices that make a difference in average or excellent sales results.

    • Effective salespeople choose to take time to plan their week.  They calendar block time for proactive business development instead of hoping they will find time to prospect for new opportunities.  By choosing to plan, they focus on the highest return sales activities instead of letting “shiny objects” take over the week. 

    ...
  • 0 comments 409 reads
    Posted on 2012-02-23

    Tom Landry, former coach of the Dallas Cowboys, once said, “I don’t believe in team motivation.  I believe in getting a team prepared so it knows it will have the necessary confidence when it steps on a field and be prepared to play a good game.” 

    This attitude and approach is probably the reason the Cowboys enjoyed 20 consecutive winning seasons, competed in two NFL championship games and five Super Bowls.    

    So what do good coaches and trainers have in common?   Many sales organizations focus only on the hard skills required for effective sales management.  These might be skills such as forecasting or selling skills.  (After all, most top producers get promoted to leadership positions.)

    In the training and coaching world, soft skills are equally important.  Emotional intelligence skills  such as self awareness, delayed gratification and empathy can make a big difference in building  high performance cultures.  Here are three traits that good sales managers...

  • 0 comments 486 reads
    Posted on 2012-02-08

    The Wall Street Journal featured an interesting article last week on the upcoming IPO of Facebook.   The founder and employees stand to make a lot of money from the IPO, and I am good with that.  It’s called capitalism at work.   

    What I found really interesting was the discussion around Mr. Makan, a wealth manager with Morgan Stanley.  He is advising many of the Facebook executives on their money matters.  Yes, he has an M.B.A. from Wharton and it appears that he has earned an M.B.A.  in relationship building.   

    Mr. Makan started developing relationships with the Facebook executives long before they were famous.  Part of his practice is putting his own money alongside that of his clients in early stage companies.  That is certainly a sign to your customer that says, “I believe in you and your vision.”

    Kevin Hartz, co-founder of...

  • 0 comments 1,799 reads
    Posted on 2012-01-25

    The headlines in this weekend’s Wall Street Journal read, “Best Buy CEO defies critics.”  The article was addressing their weak sales in December of 2011, citing the problem as Best Buy’s inability to compete effectively with price and selection found on-line retailers.  

    I agree with the article and also have some other bad news for Best Buy.  Your sales are weak because you have lousy customer service. 

    There are a few of us that still like the store experience.  You get to feel and touch the product, talk to a representative not in India or get put on hold trying to find the answer to a simple questions.  After a recent Best Buy experience, on-line is looking better every day.  Here’s my customer service or lack of saga.  

    I purchased a Verizon Wireless FiveSpot™ from Best Buy last April.  The product/service never worked.  I spent about 10 hours going to the Best Buy, working with their Geek squad, with no luck.  (That is a full work day.)  Now here’s the...

  • 0 comments 470 reads
    Posted on 2011-11-30

    There will always be reasons not to hit the sales goal. New excuse appear each year based on current events, the global economy and new competitors. However, after being in this business for 13 years, I hear some of the same ones year in and year out. The reality is that there will always be valid reasons to say you can’t hit your sales goal. The question is where will you put your focus—on managing results or excuses.

    Here are a few of the oldies but goodie excuses:

    “I can’t prospect because I am too busy putting out fires.”

    Now ask yourself the key question Is your competitor going to quit prospecting because of similar fire fighting issues?

    “No one is buying because of the economy, elections and Greece.”

    Hmmm…Is no one buying or are you just not finding the buyers with budget and need?

    “Prospects are only buying on price.”

    If prospects are only buying on price, why are they willing to meet with you when they...

  • 0 comments 638 reads
    Posted on 2011-11-02

    “I lost the business because of price” is an easy out for salespeople because blame is placed on the company.  Maybe the reason the deal was lost was due to poor selling skills.

    Did you lose to price or did you lose because you shouldn’t have been meeting with the prospect in the first place?  If you sell on value, there is no way that the transactional, price driven prospect is going to do business with you.  It’s like trying to convince a Walmart shopper to start buying at Nordstrom’s—not going to happen.  It was easier to set an appointment, check the sales activity box than to keep prospecting for the right client fit.

    Did you lose to price or did you lose because you weren’t able to present a solid business case to the buyer?  Part of presenting a business case to the buyer is facilitating a sales conversation that uncovers the cost of current challenges as well as future costs if the buyer does nothing.  If you don’t know the answers to the prospect’s financial...