Posts belonging to Category Success Tips for Black Sales Professionals



Mental Toughness! Do You Have It?

Many years ago (not that I am sensitive about my age) when I was playing college basketball, I was exposed to a coach named Gene Smithson.  At that time he was the assistant coach at Illinois State University.  He then went on to coach Wichita State University. His mantra was  “MTXE” or “Mental Toughness Extra Effort”.

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What the heck was he trying to do with this term “MTXE?”  It was his effort to bring resolve and a take-no-prisoners attitude to his players at both schools.  It is amazing how something sticks with you, but this one stuck with me. Mental toughness is not just important in athletics, it is extremely important in sales.

You should recognize that attitude could make the difference between winning and losing, or even walking away from an  occupations.

A Definition of Mental Toughness

According to a qualitative study by three individuals from Australia, Jones, Hanton, and Connaughton (2002) entitled Discovering Mental Toughness: A Qualitative Study of Mental Toughness in Elite Athletes, mental toughness is:

“…having the natural or developed psychological edge that enables you to:  1.) Generally, cope better than your opponents with many demands (competition, training, lifestyle) that sports places on a performer; and 2.) Specifically, be more consistent and better than your opponents in remaining determined, focused, confident, and in control under pressure.”

They went on to publish what they identified as attributes of mental toughness.  I will include a few here:

  • Self-belief
  • An Unshakeable focus
  • High Levels of Desire and Determination
  • An Overall Consistency of Effort and Technique

There is no doubt that these translate to the sales arena as well.Meta

Mental Toughness in Sales

Whether it is B2B or B2P, there is much to break you down in the world of sales.  Competition is tough, pricing is difficult, and the economy affects how people and companies spend their money.  Now, throw into the mix that the 3Ps (Perceptions, Preference, and Perceptions) sometimes play a role.

Facing adversity and winning is what all good sales professionals seek.  As a matter of fact, many do it all of the time.  Those who have strong self-belief, unshakeable focus, and consistency of effort while maintaining professional technique and high levels of desire and determination are who we interpret as winners. Sales professionals who win consistently are usually examples of mental toughness.

When you are mentally tough, nothing stops you from doing your routine; nothing stops you from your 10 or 20 calls per day.  It is what you do, and if they all result in a “no” answer, you realize that there will be more yes answers tomorrow.

Mental toughness in sales is attainable, and when coupled with Extra Effort it creates a significance force.  When coupled with a good sales plan and solid preparation you have a star.

Extra Effort

What is Extra Effort is in the avocation of professional sales and how does this apply to you?  It is essentially doing over and above what is necessary so that success is assured, and doing it better than most other sales professionals.

In prospecting it is making the additional five prospecting calls per day, with the recognition that the next call could be the “pay dirt” that moves the day from the normal success of scoring on 1 for 10 calls to the very successful 2-3 appointments. There is no area that extra effort will have the more impact than the process of sourcing prospects.

In customer service, it is the extra effort of treating each customer as if they are the only customer.  Giving this level of customer service is more time consuming and requires consistent awareness and forethought.

In prospecting it is treating each relationship as your focal point.  This can be a game changer in the long run.  It builds confidence and relationships.  There is no doubt that it takes extra effort to make this happen.

In your sales career it is getting the credentials that will make you a product or industry expert, giving you some degree of preference over other professionals that populate your industry.

Are You Mentally Tough?

Mental toughness is exemplified by many of the attributes that were illustrated in the beginning of this post.   As we apply it to what you do everyday, if you do not have these attributes, you can get them.  There is nothing magical about these attributes, they are what happens when you are mentally prepared, and realistic.

If sales is an occupation for you, you probably are outgoing, and probably not fragile.  You have personality and you are willing to have some income at risk.  You can accept coaching and have an ability to form strong relationships.  You need to be able to accept the rejection and disappointment that comes with the turf.

Now you need to build your mental toughness.  If you can recognize that much of the ‘rejection’ that comes during the sales process is not personal.  It just may seem hard to believe this when it is happening to you.  Mental toughness will get you there.  Frankly, you know you are good at what you do, and you know that you, and your company, have something to offer.  Be undeterred and keep calling more and more potential customers.  They do not know you or your qualifications.  They are not aware of your ability to provide solutions and solid customer service.

Your toughness focuses on the fact that you will have many rejections during prospecting, and some customers will leave you because of pricing, economics, and other varied reasons.  If you are calling potential customers as frequently as you can, you will not feel the pain of a few calls going bad.  It is a numbers game as was discussed in Black Sales Journal 2/28, How Many Prospects Do You Really Need?

We will talk more about mental toughness and extra effort in a future post.  Realize that you probably have it but do not recognize it.  Be the professional!

I welcome your comments. Reach me at Michael.Parker@BlackSalesJournal.com.

You and Your Expenses – How to Keep Your Job!

Expense Reporting

When I discussed this a couple of  years ago, I wanted to stress the importance with knowing your company’s expense policies and to stress avoiding even the most correctable errors.   Proper personal expenses management is that part of your sales activities that merely helps you maintain your credibility and gives managers confidence that you will do the right thing when no one is looking.  A couple of my former managers laugh as I was not the very best at expense management, but I got better for the right reasons.

Following the program correctly won’t necessarily get you a lot of additional points, but it will secure you in the mind as someone who can be trusted. Be smart and in control of the process.  Knowledge counts here.  Read this and remember, ignorance of the policy is no excuse.  Read on…

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Business entertainment, especially customer dining, is an event that we may take for granted.  It is important for most businesses but always suspect as an expense that can be smartly trimmed in terms of cost, and even frequency.

Business entertainment is a tool that when used wisely can aid in relationship building.  When done correctly, this can result in far greater returns than the business meal or entertainment actually amounts to.

If you desire to claim a business lunch, dinner, or other entertainment, these expenses should be directly related to the business purpose.  The meal or refreshments should be related to the legitimate image business activity, and should be able to stand the test of proof.  Technically, only then would you and your employer be allowed to treat these expenditures as expenses, and not as income when the burden of proof comes along.

Getting Technical

The IRS sets some basic rules that individuals and business follow.  A quick review of the rules that the IRS as set forth will show a couple of rather simple tests:

Directly Related Test

To qualify for reimbursement under the directly-related test for entertainment, including meals, you must be able to prove the following:

  • The main purpose of the combined business and entertainment was the active conduct of business.
  • You did engage in business with the individual during the entertainment period
  • You had more than a general expectation of getting income of some other business benefit at some future time

The Associated Test

If the expenses meet the directly-related test, they may qualify under the associated test.

This test states that entertainment is:

  • Associated with the active conduct of your trade or business and,
  • Directly before or after a substantial business discussion.

This test includes the Substantial Business Discussion rule that is a requirement of deductibility for your employer.

According to Publication 463 – Travel, Entertainment, Gift, and Car Expenses for 2010 from the Internal Revenue Service, “A business discussion will not be considered substantial unless you can show that you actively engaged in the discussion, meeting, negotiation, or other business transaction to get income or some other specific benefit.”

Keeping Credibility

Accuracy and truthfulness are at the heart of professional credibility for the Black sales professional.  Even greater is the fact that only one instance of inaccuracy or untruth can do away with years of work establishing the credibility.  There is more on credibility in the last Black Sales Journal 3/31, Credibility – A Goal of the Black Sales Professional.

I am going to cite some basics, and these are truly basics for expense report integrity.  Here are some suggestions for keeping your standing and credibility intact regarding expenses:

  • Be timely - Submit your expenses no later than 1 week after they are due.
  • Be organized - Keep information in a system that allows you to produce your receipts and expense forms as is necessary.
  • Insure accuracy - If you do your expenses regularly, you will be under no time pressure.  The accuracy in your reports builds confidence.
  • Be honest - Above all, there is truly nothing worthwhile to gain by having your employer pay for a lunch for you and your friend.  It is frankly not worth it!  Only claim what you can prove using receipts.
  • Be Knowledgeable – Know intimately your organization’s expense policy.

Some Business Entertainment Specifics

We all have a particular responsibility when it comes to business entertainment, and especially meals.  We should make sure that the meal or event matches the business purpose.  There should be no instance where entertaining at the most expensive restaurant in town happens for a casual business discussion.  Remember, being modest and practical is prudent and a sign of good judgment.

Here are some basics entertainment do’s and don’ts that you may benefit from:

  • Take Ownership – Forget the roulette that takes place where you the participants of a meal wait for the bill to come, then “wait” each other out to see who will pick up the check.  Unless the customer has advised that they are picking up the meal, they are probably not going to do it.  “Own” the event and then the rest of these strategies will be possible.
  • Wine - If you are the host, only you should order the wine.  You may not realize why if you have never been burned, but the ordering of wine is an extremely high expense at an upscale meal.  If you are unsure you can accept someone’s counsel, yet your job is to order, and replenish the wine.  Feel comfortable stating to the server, or wine steward that you are responsible for the meal, and you will be responsible for the wine.
  • Cordials and Liqueurs – If you open up to your guest having these, you could be in for a surprise.  Once you open that gate, you are hard pressed to control the cost of any one of them.  An aged port could definitely be in range, yet some of these items could be the price of a small pony.
  • Order First – It may seem like bad manners, yet the host ordering first begins to set the tone.  When you order a fairly simple strip or filet, you are sending a message that the ‘market-priced’ lobster, which then attaches itself to a filet to make surf and turf, is probably above the price point.  Now, they may still do it, but the majority of people get the hint.
  • Know When to ‘Cut it Off’ – This is always uncomfortable, yet practical.  After the meal, when the laughter and libation goes on, know when to say to the server that you need the check.  That does cut it off…at least for you.  If someone else wants to pick up the tab, it can start there.  This is responsible, and practical.  If it seems like it is wrong, think about the bill you are going to submit, and how management is going to react to it.
  • Tip Correctly – If you tip correctly you will always find those who serve you eager to have your table.  Great service deserves 20% or more.  Good service deserves 15-20%.  I have had some mediocre service at times, yet did believe that 15% was warranted, because of the size of our group.  I cannot ever believe that a tip should be stiffed unless the server was rude, insensitive, and downright awful.  If that were the case, I would be having a conversation with the manager as well.  If you are unwilling to talk to a manager, then stiffing a tip is more retribution than anything else.
  • Treat Wait Staff Properly – When you are entertaining, much can be ascertained about your view on your staff and others by the way you treat the wait staff.  They are not perfect, and you are not either.  I have seen customers make a decision to avoid a formal business relationship with a vendor when that vendor launches aggressively into a server for forgetting something small.  That is about rudeness, and even sometimes about power.

Use Good Sense

It is all about using good sense.  When you do it, the most common mistakes are avoided.  Don’t feel peer pressure, or the pressure that makes people do those things that are regrettable.

Build a relationship with your customers, not a game of one-up.  Be modest when they treat as well.  You will build a relationship with your consistency.

Your comments are welcome.  You can reach me at Michael.Parker@BlackSalesJournal.com.