Thursday, December 31, 2009

Happy New Year



With 2009 closing in in its final hours tonight, I wanted to start you off with some thoughts for 2010.


1. All work and no play DOES make Jack a dull boy. And who wants to be dull?

2. Remember, it's never as bad as you think, and...it almost always turns out better than anticipated.

3. Life is about relationships...Make your life one friend at a time...connect with people...and be sure to be a friend back as well.

4. Love your customers...someone has to...Besides, what reward is their in loving them when they are being lovable...Think about that one....

5. Be deliberate in your life...deliberate in being friendly, caring, helpful, loving, grateful, happy; be deliberate in being the person you dream you can be. Otherwise, randomness will control your life.

6. Cut yourself a break. Life is hard enough let alone letting self-criticism bring you additional anguish by mulling over our mistakes and shortcomings . We are not defined by what we don't do perfectly.

7. You are not the most important person in the world...But you are to me.

To my teammates and all the agents and people I work and do business with on a daily basis, I'm honored and privileged to know you and partner with you. I also appreciate your friendship and all that you have taught me. And to those yet unnamed and unknown individuals I have yet to meet for this coming 2010, look out, it's going to be another great year of cigar smoking, poker games, Harley runs, art shows, pistol shooting, Ohio State football and laughter while making friends and growing as a professional.

I can't wait.

Tony.
















Copyright © 2009 - Tony Cefalu
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Monday, December 28, 2009

Be Deliberately Successful

“We Rule Men with Words” - Napoleon

“The difference between the right word and the almost right word is the difference between lightning and a lightning bug.” - Mark Twain

“Ad-libbing is for amateurs.” - Tony Cefalu

These quotes are from three great men in history! (Just checking to see if you are awake.) And so by their words it is understood that what a person says, and how it is said, can be the defining difference between success and failure in almost any endeavor.

This is the distinguishing talent of superstar agents and salespeople. Some salespeople excel in education, others work longer hours, and yet it’s the superstar that transcends the seeming advantage of others. How is that so?

It is by the use of persuasive language; that's how. Superstars understand that the finest product or service in the world will not sell itself and that it takes a carefully crafted, and artfully delivered, construct of words to make it come alive in the clients mind. In other words …

THE SALESPERSON WITH THE BEST WORDS WINS!!!

As a salesperson, we call these carefully selected words a “script” or “sales script.” To some, the very thought of using a script is tantamount to professional sacrilege. But to the wise and those who wish to elevate their sales results above being average and develop their craft as a salesperson beyond the norm, scripts … good scripts, are an indispensable means to that end.

The difference between a great career and an average career can be seen in whether one is deliberate in being successful and another person is random.

Random Acts of Success...(It even sounds stupid.)

Success doesn't just happen...It is the confluence of where a deliberate plan to be successful meets with its deliberate execution. Yes; "random acts of success" have been known to happen. But, choosing the random philosophy for one's career is going to be a regrettable wait for practically anyone who works and lives that way. I know for me, I am not waiting for life and success to "just happen" to me. Instead, I am going to try to "make it happen."

"Well, I don't live that way," some might say to themselves after reading my comments. To those individuals I would say, "Oh really; then on a professional level I can assume you have written down specific goals, a specific time-table for accomplishing them, specific marketing systems designed to get and keep customers that are thought out and clearly documented, and that you have a plan for how to execute on all these things and a way to measure where you are in your random acts of success."

The First Indication that a Sales Professional Rejects the Fiction of Random Success is...

By way of scripting...

Scripting is the deliberate act of being successful in both marketing and selling efforts.

Scripts merely harness the power of organized information. They move the salesperson from the realm of technician into technique, from science to the realm of art.

The Will to Win is Not as Important as the Will to Plan to Win.

Where do I begin? First of all, begin with a script book. Every serious sales professional should have a script book where they record and keep record of word tracks that are developed or discovered in their day-today work and life. Remember, not only are real life situations a good source of sales ideas and language, but magazines, books and fellow sales associates can be also.

Never use the sales script book to record product data or other information aside from direct, pointed and presently useful word tracks to close sales. Before long, you will rarely reference the script book because you’ll have memorized it’s content.

Here is a suggested outline for dividing up the script book. It is not designed to be strictly followed but is a suggestion to get you started.

1. Openings/Introduction/Approaches
2. Transitional Statements
3. Presentations/Interviews
4. Trial Closes/Closings
5. Objections & Questions
6. Illustrations/Stories

It is not mere happenstance that some salespeople consistently out perform their peers. It is by planning, practice, and perseverance that success is made. I said “made,” not granted or given. Success is hard work.

Remember: “The Will to Win is Not as Important as the Will to Plan to Win!”

In summary:
1. Commit to “Plan to Win;" reject randomness for your career
2. Be deliberately successful
2. Use the script book only for useful word tracks … nothing else
3. Be willing to feel the fool at first while learning & using scripts
4. Be willing to share your successes with others

Copyright © 2009 - Tony Cefalu

Tuesday, December 22, 2009

Paralyzed by Perfection

“There is no level of success for which we can wade into shore.”
Peter Block
The Answer to How is Yes

Oftentimes, when talking with a sales professional who is having difficulty selling a particular line of insurance or financial products, I hear the following to be the root of their problem; “I’m just not comfortable discussing the product with customers. Until I fully understand how the product works, I can’t sell it.”

Thus, presumably the solution to slumping sales results, or reluctance to sell at all, is the need for a complete knowledge of how the product works. With more study, more dissection of the product details, successful sales and marketing will follow according to such thinking.

“The process of achievement comes through repeated failures and the constant struggle to climb to a higher level.”
John Maxwell
Attitude 101

On its surface, the argument for more product training sounds reasonable. But in reality, the problem of not selling isn’t for lack of good product training or knowledge; instead, the problem behind not selling a product line lies in the lack of simply “doing”.

Knowledge does not precede “doing.” It is “doing” that precedes knowledge.

“Action is the real measure of intelligence.”
Napoleon Hill

John C. Maxwell, author, teacher, and expert on leadership and motivation writes of an account in his book, Attitude 101: What Every Leader Needs to Know, where an art teacher of ceramics made an interesting discovery about how people think, behave, and the outcomes they realize as a result.

Specifically, this ceramics teacher announces to his students that there will be two grading systems for the class. In dividing the class into two groups, one group of students would be graded strictly on the “quality” of the clay pot they produce for the grading period.

The other group of students would be graded strictly on the “quantity” of clay pots they produced in the grading period. A scale would be brought in; those with fifty pounds of clay pots would receive an “A,” those with forty pounds a “B,” and so on.

At the end of the grading period, a “curious fact emerged,” according to Maxwell. Those pots of the highest “quality” actually came from the group who was being graded solely on “quantity.” It seems while those who were in the “quality” group anguished and pained over every minute detail of their one pot; the “quantity” group was improving on their skills and abilities with each new clay pot they undertook.

There is No More Perfect of a Time to Do Something Than to Do It Now

Rather than immersing themselves into the details of a quality product, they immersed themselves into the work of creating and perfecting with each attempt and act to create. The result of their actions was a clay pot of superior quality.

“Do not wait; the time will never be “just right.” Start where you stand; and work with whatever tools you may have at your command, and better tools will be found as you go along.”
Napoleon Hill

The lesson for all sales professionals is this:

Don’t be paralyzed by the thought of having to be perfect right at the start as an agent, consultant, or financial adviser. Don’t use the excuse of needing more product training for a reason you don’t sell a particular product.

As the motto for a famous shoe store line states, if you want to gain skill and expertise in sales, then just do it. That is, just do the work of selling and a “quality” all its own will follow as a result from the act of doing.

Can you falter or stumble, so to speak, from being less than "perfect" in regard to product knowledge, or even less than perfect in your sales conversation? Yes; but then, how else will you become counted among those who the author, John Maxwell, called a "curious fact."

Only when a person refuses to be paralyzed with the notion that complete and flawless product knowledge is necessary in order to be able to sell well...can they actually begin to...sell...well!


Copyright © 2009 - Tony Cefalu

Monday, December 21, 2009

It Matters Who You Know (cont'd)

It Does Matter Who You Know! (cont'd)

Consider the Following Networking Advice:

1. Have a Game Plan...An Opening Statement You are Comfortable with in Meeting New People: That was addressed in the previous post.

2. Have a 15-20 Second Infomercial (or personal commercial) on "Who You Are and What You're About" memorized and ready to go!

*Don't forget to look people in the eye when speaking to them; smile and have a good handshake (firm) when reciting your infomercial. Also, a little enthusiasm doesn't hurt either when meeting people. No one wants to do business with a "wet blanket," or someone with a "mushy, weak" handshake...man or woman! Remember, people are naturally judgmental and resistant. So make sure that their first impression of you is a positive one.

Also, try to remember names. Dale Carnegie, the author of the landmark piece, "How to Win Friends and Influence People" is oft quoted as saying, ...a person's name is to him or her the sweetest and most important sound in any language." Using a person's name breaks down their initial resistance.

e.g. "I work for XYZ Company here in Cleveland, developing strategies for families and businesses to better organize their insurance and financial affairs, and ultimately, plan for a better and more profitable future."

" I work with XYZ Company here in Canton, helping people and businesses, like those represented here today, better organize their insurance and financial affairs. What I do helps increase employee retention and satisfaction, and the business person's overall bottom-line profits."

"I work for XYZ Company here in Toledo, specifically working with small business owners in helping them increase their bottom line and reduce their exposure to to unnecessary expenses and risks related to health insurance and health related expenses."

"I work with XYZ Company here in Findlay as a health insurance specialist, helping individuals, families, and small business owners in particular, better organize their insurance and financial affairs. A lot of what I do helps business people, like yourself, save money and positively affect the bottom line. I deal with major medical plan needs, disability issues, and even ways of preventing personal and business assets from being unnecessarily used to pay the cost of medical expenses.I find that the expertise I have in this area to be (absolutely necessary for business success; invaluable to individuals and families.) That's what I do."


Your infomercial should be "short and sweet" and, hopefully, make the other person say, "Oh really, how do you do that?" Once that's said, you're off to the races!

The Will to Win is Not as Important as the Will to Plan to Win!

Copyright © 2009 - Tony Cefalu

Thursday, December 17, 2009

It Does Matter Who You Know!

Frustrated and unsuccessful salespeople can often be heard saying that, It is not fair…what you know doesn’t matter…it’s who you know that does.

What’s so unfair about that? Now, I believe there is a need for knowing and being professional and competent. But what is so wrong with knowing the right people, so to speak, and capitalizing on that relationship to accomplish your means?

It sounds more like resentment to me then an issue of fairness when I hear the complaints of those who criticize the reality that business is about relationships; and so, life is about relationships as well.

Putting aside all arguments, let’s just say that I am as equally repulsed as other people by the statement, What you know doesn’t matter as much as who you know that matters, especially when it comes to job opportunities, career advancement and success personally and professionally. But then, what good would it do if I refused to accept the fact of relationships and the power they have in influencing people and achieving success in life over knowledge, subject matter expertise or experience?

Why not use your network of relationships to gain access to people in order to sell the greatest product to have ever been conceived by the mind of man? Frankly, that's a lot of how business and commerce works...by way of relationships!

If You Want to be Successful in Life, You Must Understand How Life Works

In order to be successful in life, you must learn how life works, and find ways to work with, or around life; its challenges, opportunities and set backs. So again, let’s set aside the issue of people who leverage the relationships they have to get what they want is fair or not fair and acknowledge the fact that, yes, it does matter who you know.

Networking, no matter how unpalatable it may be to the high minded, is a fact of life and a legitimate means of gaining access to people who need your expertise. Do you hear me? People need you and what you have to offer. What better justification is there for leveraging relationships to your advantage?

How unfair or distasteful can it be for you, then, to network among your acquaintances to gain access to them, set appointments under favorable conditions, and avoid the normal resistance encountered with truly cold contacts?

Consider the Following:

1. Have a game plan; an opening statement you are comfortable with in meeting new people. In some instances, being prepared to share who you are and what you do for people is an excellent pattern to follow when making introductions with new acquaintances. Some call it an elevator speech or 30 second commercial.

The following are some possible ways to introduce yourself to individuals and to begin building your network of influence and friends:

Hi, I'm Tom Smith. This is my first meeting. Are you a member?
(Get people talking about themselves and what they like. Be interested in people. Find out what they do for an occupation, where they were born and what hobbies they may have. Also, ask about family, kids, names; these are all things that help the agent and customer connect as quickly as possible with you.)

Hi, I'm Tom Smith. I'm new to this group. How about you? Are you a member?

Hi, I'm Tom Smith. I was wondering if you could help me with something. This is my first meeting and I really don't know anyone. Would it be possible for you to introduce me to some of your members?
Possibly said to a host/hostess of a meeting or a center of influence in a gathering.)

Hi, I'm Tom Smith- an insurance agent with XYZ company here in the Columbus area. I work with business owners just like you in helping them use their insurance dollars as best as they can while helping to improve bottom line results. Oftentimes, I'm able to help reduce a business owners expenses while at the same time ensuring they are completely protected...and that's important in our "sue happy" society.

*Whatever the approach...make sure it is one that you are comfortable with delivering and owning. Think about using the phraseology, Could you help me?

One of the greatest of human desires is the desire to be wanted and to be a help to people. Strangers naturally respond positively to such requests for help. e.g. I wonder if you could help me, I've been wanting to meet Frank Stone now for weeks and haven't had the opportunity or occasion to talk to him. I understand that you two know each other and I was wondering if you could help me by introducing me to him.

Try it out. It works.

Copyright © 2009 - Tony Cefalu

Monday, December 14, 2009

Successful People Know Their Numbers

“Know the score—it’s hard to win if you don’t know the score, so
it’s essential to constantly track and measure your sales and the
numbers behind the sales.”

Jack Mitchell
Hug Your Customers

When I was first a salesman in Youngstown, Ohio, I had a wonderful sales manager and sales coach by the name of Chuck who guided my career in the right direction at the onset. He was a true craftsman of the sales profession and a practitioner of the disciplines it took to be successful.

I remember one time growing impatient with Chuck when he insisted we spend some coaching time together discussing and understanding my production benchmarks and how my bonuses and pay are stipulated in my contract. Now at that time, all I cared about was “sell—sell—sell.”

So I said to Chuck, “Why don’t we just skip all the boring paperwork stuff and the training on how I get paid for something really meaningful like sales techniques and marketing ideas. Besides, I figure if I sell more, I make more, right?”

If I Sell More, I Make More...Right?

But Chuck never relented to my ranting and always insisted that I understand and know what my auto, homeowners, life, health, mutual fund, and annuity sales benchmarks were—and he always insisted on reviewing my pay scale periodically and all the bonuses I was eligible to earn. He didn’t stop at that point, either. Periodically, he would see me in the office and ask, “Hey where are you with life applications and premiums for your next bonus?”

The first time he asked me that, I replied, “I’m not sure, let me check and I’ll get back with you.”

His response: “That’s unacceptable. You should know them off the top of your head.”

“Why," I said. “I’ll have them for you in a minute—just give me a second.”

And it was at that moment he taught me one of the most valuable lessons I could learn outside of any sales training class or marketing seminar I could attend. He said, “You’ll never be successful with that kind of thinking. Successful people know their numbers, Tony. Remember that! How can you hit something when you can't see it? Hitting the target means knowing where to aim. It sounds like to me that you don't know where you're going. Am I right?”

Knowing "Your Numbers" Provides You with a Line-of-Sight Towards Success

He was right. The lesson was clear. If I ignored what was required of me by the company—or if I ignore the possibilities of achieving sales bonuses and recognition levels, how could I ever achieve success?

Years later since starting out in the industry, I have had the advantage of observing the differences between successful sales professionals and unsuccessful sales professionals through the eyes of my former mentor and manager. And one of the common threads that have separated the two groups from each other is the constant ability of the successful ones to be able to recite their numbers, or production numbers, whenever asked.

What does tracking your numbers mean to you, the sales professional? Better yet, what does knowing one's numbers say of the sales professional who keeps track of monthly, weekly, or the daily progress of sales results, expenses, or revenue stream? Well...

Knowing Your Numbers Means:

1. That you are goal and achievement oriented...in a concrete way. What does that mean? It means that success, at the end of the day, is a practical matter for the agency; that success is a number that can be pointed to, graphed, counted, measured, and understood in a meaningful and understandable way. Knowing your numbers means that you appreciate and value quantifiable results as well as the non-quantifiable benefits of being an agent; like the intangible benefits of a better quality of life or more liberty to control your own work schedule. Knowing your numbers means that you are a goal oriented individual...and that is a good thing...if you want to be successful.

2. That you are competitive in nature and driven to succeed. If you know your numbers...then you are the kind of person who keeps track of things for a reason...And those reasons are often connected to the competitive nature of the typical sales professional and the environment of competition so attached to the sales industry as a whole. Track your numbers to win...to win that bonus, win that incentive trip, win that personal goal you've established for yourself, to win that challenge placed before you by the company or sales leaders. Knowing your numbers tells me that you are not only driven by goals; but that you are driven by competition, that spirit of excellence which sparks us to be better than someone else or even your own-self. Winning...like being goal oriented, is a good thing too. I prefer it over the alternative of losing...any day!

3. That you understand the relationship between “what gets measured, gets done.” Tracking and knowing your numbers places a focus and attention on specific activities that produce tangible results...That focus and attention translates into a heightened awareness towards execution and the implementation of activities that are meaningful and worthwhile. Knowing your numbers means you understand the power of accountability and how an awareness of the numbers helps you stay focused on activities that yield results...And results is what being a sales professional is all about.

4. That you like a thrill...And thrills can inject passion and energy into any endeavor in life. There's no better place for energy than in the work place...and in an agent.

Today, this very moment, regardless of the sales industry you work in, “What are your numbers? What are your benchmarks for success, for achievement and higher income and benefits? Where are you right now in relation to your numbers? Or don't you know the answer to any of these questions?"

Your future career and success as a sales professional hinges on your responses, or future responses, to those questions.

Be not deceived...Successful people know their numbers.

Copyright © 2009 - Tony Cefalu

Friday, December 11, 2009

Don’t Be a Half-Brained Sales Professional

People (customers) are both logical in nature and emotional. That is to say, our brains are constructed in such a manner that the left brain and right brain (the two distinct anatomic halves) function differently—with specific tasks and processes for which they are designed and ordained to adhere to naturally.

The left brain is that half which seeks for details, facts and figures, the literal interpretation of things. The “other” half, the right brain, is quite different in its function. It is in the right brain that our intuitive senses reside. It is the retreat for all our feeling, fears, and beliefs. The right brain is the seat of our emotional being and is, therefore, the domicile of our impulse to act and to buy. The two are interconnected as a right brain process.

Where the left brain analyzes things—the right brain understands, empathizes, decides, and is moved to action. So together, the left brain and the right brain form all our thoughts and behaviors as human beings. And when the decision is made to buy something (a right-brain process), the planning and organizing needed to accomplish the act is processed in the left brain.

“These two minds, the emotional and the rational, operate in tight
harmony for the most part . . . In many or most moments these
minds are exquisitely coordinated; feelings are essential to thought,
thought to feeling. But when passions surge the balance tips: it is
the emotional mind that captures the upper hand, swamping the
rational mind.”

Daniel Goleman
Emotional Intelligence

Customers feel first and think second. This statement is not meant to be an indictment against customers, but is simply a recognition of how people process information and react to emotional appeals or stimuli. People buy out of emotion (right brain) and justify later with logic (left brain).

“Emotions influence every aspect of our thinking life: they shape
Our memories; they influence our perceptions, our dreams,
thoughts, and judgments—and our behaviors, including our
decisions whether to return to a place of business, how much we
are willing to pay for a product or service . . .”

Janelle Barlow
Emotional Value

Medical science and marketing research have proven that the customer-mind in relation to the buying behavior is anything but completely logical. A clear hierarchy exists in our thinking; we buy on feeling or emotions and rationalize our behavior afterwards with facts.

“The intuitive gut feeling is the engine of the decision train, and
logic and rationale are the cars it pulls behind. Yet in many of our
presentations to clients we spend too much time filling the
rationale boxcars with facts and figures and not enough time
trying to influence the engine that pulls the train—the gut feeling.
A powerful presentation first influences the emotion that drives the
decision and then adds logic as the client asks for it . . . Buying
decisions hinge more on feeling than they do on fact.”

Scott West & Mitch Anthony
Storyselling for Financial Advisors

So then, what does this all mean to the sales professional? It
means that in order to sell well, you must get emotional with customers! Get emotional with customers? What does that mean?

It means that in order to improve your sales, learn to speak and communicate in the language of the right brain. Don’t be a half brained sales professional—the kind that is always appealing to the logic of the left brain; who feels comfortable within the realm of facts and is all too eager to explain to the customer the internal rate of return of a whole life insurance contract versus a universal life policy, for example.

Be honest with the customer . . . be factual as well. That’s part of being a sales professional. But for your own sake in having a successful career in sales, and for the sake of the customer who is seeking clarity, understanding, guidance, and simplicity . . . be emotional in your sales conversations! Don’t hurt the customer’s “brain” with a bunch of facts and figures only. That can be overwhelming and taxing. Besides, it does not bridge the mind to the emotional right brain where the impulse to buy resides.

“There is no expedient to which a man will not resort to avoid a
real labor of thinking.”

Sir Joshua Reynolds
Influence

Make the sales conversation as easy to understand as possible while at the same time understanding that emotions rule our desires and impulses to buy.

“You know, Tom and Mary, waiting to buy this life insurance protection when you feel you are ready is a little like waiting until you’re ready to have kids. It never feels like you’re ready, but you know in your heart there’s no better time than now. Wouldn’t you agree that there’s no better time than now for you to ensure that your children, Lydia and Thomas, won’t have to move from the home you worked so hard to provide for them in the event you were to die?”

Or

“I understand the loss of a loved one can never be replaced. But what we have proposed here for you two is a plan for $200,000 in life insurance on each of you in order to avoid having the bills pile on as a result of lost income and all the worry that comes with not having enough money to live your life. That would be awful. That’s the last thing you’d want to see your family endure especially after the loss of a loved one. What do you think?”

OR

“Tom and Mary, after analyzing your situation, what is recommended for you in regard to auto liability coverage is $250,000 for bodily injury protection and $100,000 in property damage coverage. What this means to you is that if either of you or your teenage son, Thomas, were to be in an accident and found to be at fault, we will provide you with protection when the other driver comes after you for money for any injuries sustained up to $250,000. Our society is very sue conscious...and it is very common for the other driver to get an attorney and sue when you are at fault..."

"The same goes for any property damage, such as vehicle repairs or replacement and other damages to someone’s lawn or fence, for example, up to $100,000 of protection. At first glance, these amounts may look like a lot, but an auto accident can easily require these amounts if it were to be of a serious nature. Besides, we would step in and handle all the legal issues and damages on your behalf that your policy affords—protecting your personal assets like savings and investments from being seized as part of a settlement and avoiding the hassle of finding legal representation if you are sued by the other party. In that light, it’s worth it. Do you see how that would work for you and your family?”

We may debate on the exact verbiage of the preceding examples. And it is certain that someone reading this book will find some fault with the script. But don’t fault the effort I make in discussing the facts so much so as to support some of the emotional reasons why people buy life insurance or auto insurance as the two script examples suggest.

“If you want to influence, persuade, or motivate people, you have
to make emotional contact with them.”

Bert Decker
You’ve Got to Be Heard to Be Believed

Before holding sales conversations, plan out word-for-word what you are going to say to the customer. Get used to using emotional language, metaphors, stories, and illustrations in order to stimulate not only the left brain (the factual side or logical side of the mind) but also the right brain (the seat of emotions and the impulse to buy).

Again, don’t be a half-brained sales professional. Make the emotional contact with the right brain of customers as well. Use their names in the sales conversation. Use their children’s names as well. Paint illustrations of what it means to them to have life insurance, health insurance, auto or homeowners insurance with you. Remind them not only of what it is that they are buying, but what it does for them as well. That is the real art of the sales conversation.

It is easy to rattle off facts and figures—but what those facts and figures mean to the customer and how that is communicated can be the difference between a successful sales career and a mediocre or failed sales career. So plan to be successful by first considering the common emotional reasons why someone may buy a particular line of insurance or financial services product from a particular agent.

Some of those emotional reasons for buying are:

peace of mind, love of another person,
no hassles, ease of transaction,
moral/ethical obligation, convenience,
ease of accessibility,fear of loss,
reliability, expectations of gain (greed),
trust, dignity/self respect,
friendly staff, choice/freedom,
pride, make me feel special,
no worries, a good conscience

The above examples simply provide a baseline for you to begin planning out your sales conversation.

By way of another example, if I am in a conversation with a couple about life insurance, and through my questioning (interview/probing) I uncover that they have an overall need of $450,000 apiece in order to meet their specific needs arising from a death. But I discover that the two are most concerned about maintaining the other’s standard of living if they were to die. That is, they are seeking peace of mind emotionally when it comes to why they are really going to buy. A purchase isn’t made for what something is—a purchase is made for what something does for the buyer.

In our scenario, it would be incumbent upon me then to articulate how $450,000 insurance will pay the bills—but better yet, how the money will allay any of their concerns and fears about their children and either spouse having to suffer through the awful ordeal of selling the family home to downsize into something more affordable, changing schools, looking for additional work and sources of income, etc.

This is the language of the right-brain . . . If you want to sell well...to be different...better...and more successful as a sales professional, learn to speak it and not be a half-brained sales professional!

Copyright © 2009 - Tony Cefalu

Thursday, December 10, 2009

When Great Customer Service Can Kill Your Business

Agents sometimes defer to service work over sales work. Why? Because, service work is easier than sales work any day. The premise for focusing on "extraordinary" customer service is that it helps with retention in an economic environment where every policyholder, and every client that is retained, represents a precious income stream into the agency operation.

That is what I call a "specious" argument. That is a fancy word that means, your argument rings true and makes sense on the surface...especially when everyone else is saying the same thing. But in reality, it is a failed philosophy; especially when it comes to customer service.

It is a reality of human nature to fall prey to the temptation of taking the path of least resistance when it comes to accomplishing certain things in life. Unfortunately, the the path of least resistance all too often represents outcomes that are less than favorable for the agency owner. Thus, we excuse away the hard work and necessity for aggressively capturing market share and creating customers for the passive activity of providing "unsurpassed customer service."

Please understand, I am not discounting the value of good customer service. What I am being critical of is the unreasonable focus and almost arrogant notion agency owners and staff members assume with their "personal charge" and pursuit of providing superior customer service over the noble effort of selling to people the products they so desperately need from us.

Selling activities represent risk...resistance...work & planning...investment of time, ideas, effort & money...intellectual energy...emotional investment...physical stress. Selling represents uncertainty.

Customer service is easy. Selling is tough.

Here is when great customer service can kill your business:

1. When you prefer to please rather than persuade someone
2. When you choose being "busy" over being productive.
3. When you think service is more important than securing someone's lifestyle and dreams.
4. When you would rather react to circumstances instead of reach out to people.
5. When you live under the fiction that customer service is how future sales are made.

Are you killing you business with customer service? Are you too busy with being the good guy; the good agent or staff team member who goes beyond the norm when taking care of policyholder problems, questions or concerns?

If so, it's time to shift your agency into a sales organization because, nice guys...do finish last...

Copyright © 2009 - Tony Cefalu

Wednesday, December 9, 2009

All Customers are Created Equal; Just Some are More Equal Than Others



I've been criticized by some individuals, particularly those outside of the sales profession, for my declaring openly that “all customers are created equal, just some are more equal than others!”  


Somehow it’s construed by some that I am unfairly biasing the treatment of one group of customers over another.  Well, the fact that I am biased toward “certain” customers versus  another group of customers is...true.  I am biased; but I am not biased unfairly!
What I am simply trying to state to small business owners, sales professionals, entrepreneurs and agents is that every customer has an economic value to your business or profession.  This economic value can be prioritized or graded.  In the case of the sales professional running an insurance agency, every customer, every separate account and policy generated brings unequal amounts of revenue into your business when compared to a separate and distinct "other" customer within the agency. 

Therefore, I am merely stating a fact of economics when I state; "All customers are created equal, just some are more equal than others."  Those customers or accounts which bring me more revenue value into the insurance agency versus another customer will get treated “differently” than those that do not bring in as much revenue value relative to my business unit.  This isn’t heresy; it is just prudent business practice.

Now please understand, I am not advocating that “certain” customers get treated well and “other” customers get treated poorly.  No, that is not the message.  All customers deserve a good experience, respect, attention, care, professional service, and the utmost in customer service and care. That is the right way to treat anyone person and any customer; with utmost concern for their wellbeing and benefit. That's the kind of trust they place in us as trusted insurance and financial services advisors.  

The message is this; with the limited time and money small business owners and agents have to dedicate to marketing efforts, the smart sales professional favors expenditure of these valuable assets on those who are most valuable to the business enterprise.  It doesn’t make sense on a business level to weight precious resources in favor of customers who do not have the greater “weight” of economic benefit, or revenue, into the business.

Prioritize your customer list and accounts.  Find out who the top 100, 200, 300 premium paying customers you have. Treat all customers as if they are the most important person whenever you are transacting business with them.  But when marketing resources come into question or a decision has to be made at where sales dollars are spent; spend wisely...Hug your customers..and Hug your better customers...closer.
Why? Because some customers are just more equal than others”


 Copyright © 2009 - Tony Cefalu


Monday, December 7, 2009

www.Sales Is a Contact Sport.blogspot.com: You Cannot Out-Perform Your Own Self Image

http://salesisacontactsport.blogspot.com/2009/12/you-cannot-out-perform-your-own-self.html#links

Copyright © 2009 - Tony Cefalu

You Cannot Out-Perform Your Own Self Image

Knowledge about people and a fundamental understanding of the dynamics of how behavior and one’s thinking are inextricably linked together is a valuable asset for the sales expert. That knowledge can spell the difference between being a great salesperson and a “not-so-great’ salesperson. Even though there are some inherently universal underlying personality traits among people, among customers, such as our natural tendency to be judgmental; people are still very different and very, very interesting when we examine individual behavior.

But, I think one of the most constructive lessons as a sales professional that I have learned is a lesson, not focused on the customer themselves, but a lesson focused on me as a professional in the insurance and financial services industry. An awareness of personality types and character traits within customers and the buying public is important and useful, as I’ve stated. But, it is an awareness and understanding about me, and even my profession, and my personality and character traits that has proved to be the most valuable facet of personal and professional growth I have ever experienced.

The power of understanding how self-image ties into individual behavior, personal results and outcomes, and a person’s likelihood for success in life is one of the greatest and most valuable sales lessons that can be learned.

I am Not a Psychiatrist...But I Do Play One at Work from Time to Time

I am not a revisionist historian; nor do I blame my parents, or any one for that matter, for my current faults, failures, and imperfections in life. Yes; I come equipped with all the standard human weaknesses, fears, psychological worries and imagined boundaries that the next person possesses. In fact, my family would probably say that I come “fully equipped” with all the extras when it comes to the psychological baggage that human beings can imagine for themselves.

But, I also understand that when past circumstances have been less than favorable for me in my maturation and development, ultimately the interpretation of those circumstances and whether or not they produce positive or negative results remains a personal choice nonetheless. Environment and personal choice play large roles in shaping our futures and our outcomes.

In developing this thought about self-image and the connection it has to actual real world performance results as a professional and as a person, I think it is helpful to be truthful about some of my own personal experiences and resultant thinking and outcomes.

What You Think…Is What You Are…

The connection between our individual experiences and circumstances and what we think of them directly affects outcomes for us. What we think…is what we are…. As I said, I am not a revisionist historian who blames others and their parents for their own problems in life. My parents did a fine job in raising us. But in sharing with you my revelations into the power of self-image, I begin with a story about my father.

Born in the 1930’s, my father was of a generation that was resilient and self reliant. He was a brilliant man; able to work with his hands building a home or fixing plumbing and electrical problems while just as easily as solving the Sunday crossword or managing one of the many businesses he was involved in. He had a college degree, worked as a professional within the parole and penitentiary systems, owned businesses, tried his hand at acting, was gregarious; the kind of  individual who could work with both his hands and his mind. He was truly an extraordinarily talented man.

He was also a disciplinarian…prone to being somewhat overly critical at times. It was just his way when it came to dealing with his children. I don’t fault him for it. In fact, it can be said that dad’s style created a mental toughness, of sorts, that has stuck with me even to today. But, it also was the reason for some other “not-so-beneficial” ways of thinking that I adopted as well.

I recall one day when I was about seven years old, dad was working on the furnace in the basement. I was there watching him; ready to help if he asked for anything. At some point, dad had asked me to hand him a tool; I’m not too sure what exactly it was that he had asked me to give him. But, in any event, it was the wrong tool. His reaction was less than approving…Let’s say it was one of his “overly critical” moments for me.

In the aftermath of his disapproval, I remember thinking that “dad is really good with his hands, but I am not.”  I thought, “I’ll never be a man-of-the-earth like him.” That is, I thought that I could never be “handy” like him or able to build and fix things using my hands. Because after all, I handed dad the wrong tool that day…So, I must be “bad” at using my hands for such things. Instead, I’ll be an academic…book smart instead of street smart.

And that’s how it was for me growing up. At every turn, I contracted at the thought of taking “shop” class in high school, and as an adult, I dreaded the thought of fixing something in the house or putting together something as simple as a Christmas bicycle. The words, “household maintenance,” became synonymous with being told I need to have a “root canal.” It was unpleasant to think I would have to do something that involved fixing, building, or having to use my hands to do either. I just couldn’t do it. At least, that is what I thought.

You Cannot Out Perform Your Own Self Image

Fast forward to when I was twenty-eight years old and my wife tells me that the garbage disposal at home was no longer working. Being the “can-do” kind of man I thought I was, I did the one thing any red-blooded, self-reliant man would do…I called a plumber.

When he came to the house, I showed him to the sink where the broken garbage disposal was and I proceeded to walk away to let him do his work undisturbed. No sooner had I turned did he advise me that the job was done and the garbage disposal was fixed. I said, “What? How can that be?”

He then showed me the reset button located at the base of the garbage disposal…It was a trip-fuse that would pop out and shut the disposal unit off in the event the tines within the disposal got jammed, for example, when a spoon or fork might fall into the drain unbeknownst to anyone. If the fuse didn’t shut the disposal off, it would likely overheat and burnout causing a fire or permanent damage to the disposal itself. It is a safety feature on the disposal that I was unaware was available.

After paying the $50 to the plumber for the service call, I vowed to never let something like that happen to me; at least it wasn’t ever going to happen to me again when it came to the garbage disposal!

Another time, I was considering remodeling the basement in my house to create an entertainment room for watching television and relaxing with friends when they visited. What did I do? Yes; I called a contractor and got an estimate for the work I wanted done. The price tag for all the remodeling I wanted done, $30,000.  I was stunned. I didn’t have that kind of money to spend.

After moping around for several days because the cost of the remodeling would be so expensive, my wife said to me, "You’re a smart guy. Why don’t you do it yourself? Call your father and ask him what to do. He’ll help you. Go to the library and get some books on how to do the work as well. I know you can do this yourself.”

She was right. I did exactly as she suggested. After a summer of dry wall and sanding, I got the basement remodeled how I wanted it to be done. The cost of the entire project was less than $5000; an 80% savings over the original contractor estimate.

Lastly, after I separated from the military following the first Gulf War, I started my civilian career with insurance sales. My manager had provided me with the name of a client who was in need of a review of his policies. I called the client, set the appointment and embarked on meeting them the next day.

At the time, I was the sole wage-earner for the family. With two children under three years old, we made the decision to have my wife stay at home in order to help raise the children while I worked. We also lived in an apartment and had to budget things very closely since I was starting a new agency and business in a profession that was a complete departure from what we both were accustomed to after spending the last nine years in the military.

The car I drove was a used one with the paint fading on it…it was functional, but it was also very “used” looking. My suits could be described in a similar manner; they weren’t used but they weren’t tailored or fitted like I would have wanted. They were plain. Money was “tight,” as some would say. And as a result, we had to watch carefully what we spent our money on.

Self Image Defines the Realm of the Possible

The next evening, while driving to the appointment, I noticed the neighborhood I was going to had a lot of condominiums in it. As I drove closer to my destination, I saw that the condominiums I had been looking at were not condominiums at all; they were houses, big houses. The address I pulled into had a long driveway that ended into a courtyard where there was a Mercedes and several other “high end” cars parked in it. My car looked out of place; I looked out of place. I felt very uncomfortable. These people were obviously very wealthy and in a different social strata than me.

I was correct. They were very wealthy people who had been successful in real estate. In their mid-seventies, they were a gracious couple who welcomed me into their home and allowed me to review their life insurance and investments with them. Afterwards, I returned to the office where I met up with my manager.

The Question That Changed My Professional and Personal Life Forever

Anxious to hear how his new agent had done that evening, my manager asked me, “How did it go?” I told him about the appointment, what we reviewed and about how they had become successful selling real estate and building homes.

He then asked, “Did you sell them anything?” And I responded with, “No. I can’t sell them anything.” Then he asked me the question of questions; the question that would reveal for me the secret to why most people fail in life, fail to realize their dreams, or fail to reach their potential and be successful.

It was a question that was as genius as it was an indictment against my own twisted thinking and poor self-image as an agent. He asked me, “Why not; who told you that you couldn’t sell them anything?”

“Why Not; Who Told You that You Couldn’t Sell Them Anything?”

I think he was stunned at my response. He just stood there looking at me with a puzzled expression, walking away after a couple of speechless seconds ticked by…I was embarrassed and somewhat ashamed at the fact that I hadn’t thought myself capable of selling this rich, elderly couple one of the products I had to offer. I did have products and services they could have used. But instead of talking to them about it when I was there for the review appointment, I left without ever broaching the subject; thinking I wasn't worthy or able to sell them anything.

If You Think You Can or You Think You Cannot; You are Right!

I wish I could end the story of the older couple by telling you that I returned for a second appointment after my manager’s comment selling them something that they needed. But that is not what happened. Yes; I did return in follow-up to suggest some things that they might want to consider with their current life insurance program and some other investment options they could pursue with me. But in the end, they didn’t buy and I walked away without any sale.

But, what I did walk away with instead was something far more valuable then I could have ever imagined at the time. What I gained was an understanding of the power of self-image to define me, to define my life, to define my outcomes and my success or failures both personally and professionally.

In retrospect, it wasn’t my father who told me I couldn’t fix things or use my hands for building and repairing things. It wasn’t anyone who told me I couldn’t fix a garbage disposal or remodel a basement room into an entertainment center. Nor was it any specific person who told me I couldn’t sell that older couple anything. It was me who was limiting…me.

Who Defines the Realm of the Possible for You?

I was the one who was placing limits on my potential and defining boundaries that confined me to being “just” an academic, or just a mediocre salesman, or someone who can’t instead of someone who could or can do something if he puts his mind to it.

How foolish I was in life. How could I have ever missed this before? How could I have done this to myself?

How About You? What Do You Think About Your Abilities & Our Profession?

Attitude isn’t everything; it’s the only thing. What do you think about yourself? What do you think about your abilities as an agent, a professional, an expert? Do you believe you can be successful? Do you think you bring value to people's lives when you consult with them? Do you respect yourself?

Believe in Yourself and the Future is Yours...

How do you feel about our profession; about being an insurance professional? How do you see yourself in relation to being an insurance agent? Do you feel funny about it; or a bit shy or even a little embarrassed about it because of the public’s misunderstanding about our industry?

Do you think we are noble in our pursuits to sell people insurance and investment products? When people ask you what you do for a living, do you try to avoid telling them the plain truth by masking it in language that paints a picture which is other than the whole truth?

Have past circumstances somehow convinced you that you can’t do something? Have past failures defined for you boundaries that limit your potential to be successful or achieve your dreams? Is your poor self-image telling you you’re not good enough for something or not smart enough? Who is holding you back? Is it you?

Everyone experiences self-doubt. Some experience self doubt more than others; but we all have some measure of doubt or question whenever we embark on a new endeavor, forge toward a new direction or undertake a new challenge. Unfamiliarity and uncertainty create a natural tension within each of us.What I am referring to goes deeper and speaks to the core belief you have in yourself, your abilities, your right to be happy and worthy of success.

What's Holding You back? Who is Holding You back?

Be sure that the boundaries in life that you do encounter are not one’s that have been self imposed.

You cannot out-perform your own self image. If you think you can’t make those calls, if you think you can’t make those sales, if you think you can’t achieve that goal…then you are right.

Today, if you visit my house, you will see that my garbage disposal works, my basement is finished and even my garage is dry walled and fitted out like an extra living room in my house. I did all of that because, I am a man-of-the-earth now. I no longer define myself as an academic...Instead, I am a man who refuses to think he is incapable of doing anything...I am a man that works with his mind...and his hands. No longer will I limit myself by poor thinking and a poor self image.

Am I arrogant for writing such a thing? I don't think so. It is because of the lesson of self image; the lesson that says, ‘You cannot out-perform your own self image,” that allows me to write these words.

It is because of the question I was asked years ago, “Why not; who told you that you couldn’t sell them anything?” I was never going to do that to myself ever again…I hope you feel the same way.

In my garage is a workbench full of tools. Ask me for a certain tool, and I promise you, I'll get you the right one. Proving once again, I am a man-of-the-earth despite any past failures, shortcomings, or evidence to the contrary.

Copyright © 2009 - Tony Cefalu

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