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0:00
And now Taking Care of Business , your
0:02
hosts Craig Moen and Shai
0:04
Gilad .
0:08
Welcome to Business Owners Radio , episode
0:10
241 . Our guest
0:12
today is Mike Estraday , founding
0:14
partner and CEO of Integrity
0:17
Solutions and contributing member
0:19
of the Forbes Business Council . He
0:21
is the co-author of the new book Listen
0:24
to Sell how your Mindset
0:26
, skillset and Human Connections
0:28
Unlock Sales Performance
0:30
.
0:32
Good morning , mike . Welcome to Business Owners
0:34
Radio . Well , thank you , it's great to be here
0:36
. Yeah , we're excited to have you here to
0:38
talk about this great book . Listen
0:40
to Sell man . We've been excited to read
0:42
this one . Tell us what inspired you to write
0:44
the book .
0:45
We've been in sales skills training for
0:47
over 30 years and Shia . It's interesting
0:50
that , with all the places you can just
0:52
click online and buy something today
0:54
, there's some people that wonder if sales really
0:56
is a future profession . How long
0:58
will they need salespeople ? And we're really
1:00
advocates for this being a noble
1:03
profession . In fact , today
1:05
is probably the best time in history to be
1:07
in sales , because you go online and you might see
1:09
10,000 choices . You
1:12
need a professional who can help you think through what's
1:14
the right choice for you
1:16
as a business owner or you as an individual
1:18
.
1:19
Yeah , that's an interesting concept
1:21
. I mean I hadn't really stopped to think about it . With
1:23
all the evolution of artificial intelligence
1:25
and the different implementations of that , I'd
1:28
never asked myself the question will
1:30
salespeople be obsolete
1:32
or will that skill become obsolete ? What
1:35
got you thinking about this kind of question
1:37
and how to reframe this
1:39
and give us new ways about thinking about the future
1:41
?
1:44
ways about thinking about the future . We've seen a number of our clients that have had
1:46
reductions in force sales teams , more and more people going
1:48
towards technology . But today
1:50
you need to elevate skills and
1:52
we believe that sales success really
1:55
involves three conversations . So
1:57
, whether you're a large organization , a small organization
2:00
, an individual solo entrepreneur
2:02
, the three conversations are one
2:04
. You've got to have a good conversation with the customer
2:06
. Do I understand how to gain rapport
2:09
, ask the right questions , talk about
2:11
my value proposition and so forth ? But
2:14
there's a second conversation that most salespeople
2:16
don't realize that they have . That's
2:18
going on all day long . That's the conversation
2:21
they have with themselves . Do
2:23
I really believe in what I'm selling ? Do I have
2:25
a passion for what I'm doing ? Do
2:27
I see the benefit I'm creating
2:29
for my customers ? And that conversation
2:31
, we think , is extremely valuable and
2:34
critical to your success . The
2:36
third conversation is the one that a manager
2:38
has with his or her salespeople . So
2:41
, regardless of the size of your sales team , it's
2:44
critical to have a
2:46
conversation with people . That deals
2:49
with both the conversation with the
2:51
customer and understanding what's going
2:53
on in their head . So this book
2:55
deals with all three of those conversations
2:58
and we've broken it up into mindset
3:00
, the conversation with yourself , the skill
3:02
set with the customer and also
3:04
coaching from a manager viewpoint .
3:07
I really love the way that you're thinking about that
3:09
, especially grounding it in
3:11
this conversation with ourself right
3:13
, Because it's really creating that belief that
3:16
there's purpose to what we're doing here and that
3:18
it's bigger than just hopefully making
3:20
a few dollars , that we're helping people solve
3:22
problems .
3:24
It really is and unfortunately so many people today
3:26
. They have a poor view of selling
3:28
because of what they've seen on TV movies
3:31
, the experience they've had . If
3:34
you can have a positive view of selling , that
3:36
I'm creating value for people . It's identifying
3:39
needs , filling needs , creating value for people
3:41
. If you have a purpose and
3:43
a belief in what you're selling , that
3:46
increases what we call achievement drive . And
3:48
so we did a global study of sales leaders
3:50
and out of all these
3:52
we put them into two buckets . One is
3:54
do you have the selling skills
3:56
and selling knowledge and product knowledge
3:58
? The other part is values
4:01
, achievement drive , sense of passion
4:03
. We asked them of
4:05
those two buckets which one
4:08
is more important to your top salespeople
4:10
and 100%
4:12
of them said it's that second one , that
4:14
achievement drive , that passion
4:16
, that belief in what I have . So
4:19
, unfortunately , a lot of times sales leaders
4:21
only talk about product and
4:23
how to make the sale . But if we
4:25
can get inside our people's heads and
4:28
help them have a sense of purpose of
4:30
what they do and light that achievement
4:32
drive fire , they're going
4:34
to be much more successful .
4:36
Mike , you're talking about this traditional
4:38
view on sales and we have so
4:40
many examples being negative in
4:42
our lives , but we all remember
4:44
one or two , maybe more , salespeople
4:47
that really were not selling first
4:50
. They were part of the solution
4:52
evaluation and
4:54
recommendation side , based on their
4:56
experience and alternate views
4:58
, we have a very different experience
5:00
there . Why has this happened
5:03
that there's so many varieties of sales
5:05
, sales staff and even
5:07
the customer service side ? Why
5:09
, after all of these years , are
5:11
we dealing with such a variety
5:13
and some of them that give such a bad
5:15
reputation ?
5:17
You know you're really right , craig that the folks that
5:19
stand out . It's like wow
5:21
, that's a different experience . This
5:23
person really is here for me . They're on
5:25
the same side of the table trying to
5:27
help me think through what's the best decision
5:29
versus trying to just sell
5:32
me stuff and people can pick that
5:34
up . I grew up on a farm in the Midwest
5:36
and my dad told me you can tell
5:38
these animals if you get in that pig pen . They
5:41
can kind of tell if you're afraid of them or not , and
5:43
I believe that people are at least that
5:45
sensitive . They can tell if you're
5:47
there for them or if you're trying
5:49
to do something to them . And the
5:52
salespeople , who can truly be customer
5:54
needs focused , they're
5:56
there with an attitude . If they have
5:58
a need , I'm going to have a professional obligation
6:01
to help people get what I've got . But if
6:03
they don't have a need , I'm not going to
6:05
try to force them into something they don't need . But
6:08
if they don't have a need , I'm not going to try to
6:10
force them into something they don't need . And people can pick that up and they can
6:12
appreciate the trust and the sense
6:14
of being customer focused that
6:16
comes through loud and clear .
6:18
I guess one of the examples of
6:20
being a great salesperson is do
6:22
you get referrals ? And , just like
6:24
you're saying , this relationship and this
6:26
customer experience they've had with
6:28
what we used to call a salesperson , but
6:31
maybe they're a sales engineer or a customer
6:33
assistance . The experience is so different
6:35
that we'll recommend them to
6:38
everyone and that's rare
6:40
in the traditional historic
6:42
classification of sales , and
6:45
having those great experiences really reinforces
6:47
that this is a profession and
6:50
partially an art .
6:52
Yes , it's interesting that studies
6:54
have shown that most people , when they have a good experience
6:56
, are willing to give you a referral
6:59
. But a very small percentage of people even
7:01
ask for referrals . Now , sometimes
7:03
it's because you didn't do a good job
7:05
of selling , you didn't have
7:07
that customer-focused attitude . But
7:09
if you firmly believe that
7:11
you're there for the customer , you've
7:13
done the right thing , you've made the right recommendation
7:16
, you've helped solve their problem . You
7:18
have an obligation to try to help other
7:20
people that they know . So asking
7:22
for that referral is critical . And then , of
7:25
course , those kind of folks that are referred are
7:27
a lot easier to sell because they're coming from a trusted
7:29
source , especially if you can ask
7:31
that person to refer you
7:33
and call and introduce you .
7:35
It's amazing how we don't measure that
7:38
in our businesses . How we measure
7:40
, do the sales of
7:42
the past reflect future
7:44
sales and expansion of new customers
7:46
by referral ? It's an
7:48
interesting change in a measurement
7:51
process . Rather than just numbers , the
7:54
measurement of sales probably
7:56
defines a bit of the performance
7:58
of the sales and the reputation of the company
8:01
they represent . Can you tell
8:03
me about some of the experiences you've had ?
8:06
In our book Listen to Sell , in the
8:08
mindset part we talk about something
8:10
called the sales congruence model and
8:12
in that we look at a couple of dimensions of success
8:15
, and one is a person's view of selling , the
8:18
view of their ability to be successful , their
8:20
values , their commitment to activities
8:23
and their belief and passion in what
8:25
they're selling . Unfortunately
8:27
, too many managers focus
8:29
on activities which are necessary
8:32
. But if someone's not performing
8:34
like he or she should , it's
8:37
probably not just the activities . There
8:39
might be an underlying cause . It
8:41
may be that they don't have a strong belief
8:44
in their abilities , they may not believe strongly
8:46
enough in what they're selling . They may not have a
8:48
strong view of what selling is . A
8:50
couple of examples we were working with an organization
8:53
in Texas . There was a salesperson
8:55
who had been a school teacher . He
8:58
loved teaching but he couldn't make enough money to put his
9:00
kids through college . So he got into
9:02
sales , was failing miserably
9:04
, just didn't feel in alignment there
9:06
. So his manager worked with him to
9:09
help reshape his mindset of what he
9:11
was doing , to realize
9:13
the benefits he was providing for families
9:16
through the insurance products that he sold
9:18
. By shifting that mindset
9:20
, within about 30 days his activities
9:23
doubled and within a couple
9:25
months he was succeeding . So
9:28
it's not just the product
9:30
knowledge and not just the activities
9:32
, it's what goes behind
9:34
that . So , as a business
9:36
owner , if your salespeople
9:39
are struggling , I'd like to challenge
9:41
them to think of not just how
9:43
much you're selling , what are you measuring but
9:46
also get behind those numbers to see what
9:48
is it that drives people to be successful
9:50
. Do you know what people
9:52
want money for ? Do
9:55
you know what they want to prove ? We
9:57
had another example of a salesperson
9:59
who was newly married . He worked in a call center
10:01
and unfortunately his
10:04
in-laws were kind of embarrassed that their daughter
10:06
had married someone that worked in a contact
10:08
center . But he was proud
10:10
of what he did . So his goal was to prove
10:12
to his in-laws that he could be
10:14
the very best at what he did . So
10:17
do you know what people
10:19
want to accomplish ? What's their purpose
10:21
? Do they want to make money to put their kids through
10:23
college ? Do they want to buy a lake
10:25
house ? Do they want to save
10:28
people's lives with what they're selling ? Do
10:30
they want to make a difference in a business's
10:32
financials ? What is it they want
10:34
to accomplish ? And if you can understand
10:36
that , that could be the leverage to
10:38
help that person succeed .
10:40
I can't help but think about what a great overall
10:43
leadership concept that is
10:45
. And I think this book
10:47
has a wonderful name in terms of listen
10:50
to sell , because it really does have
10:52
to start there . You have
10:54
to certainly know some good questions to ask
10:56
, but if you don't have the skill to shut up
10:58
and actually listen carefully and
11:01
really listen not just with your ears but also
11:03
with your eyes looking at people's
11:05
body language , listening to their voice
11:07
, watching how their face changes when they talk
11:09
about the future and what they want , you know
11:11
you can miss a lot . So it's really important to fully
11:14
engage around that .
11:15
Well , I'm so much in agreement with that Shai , that shy
11:17
. Too many times people listen to decide
11:20
what they're going to say instead of truly
11:22
listening to what the person is saying
11:24
. What's in between the words ? What
11:27
is their body language ? You said what do they really
11:29
mean by what they're saying ? And
11:31
if your mindset is , I'm going to listen to understand
11:33
instead of listen to talk
11:36
, people also pick
11:38
that up . They tend to trust
11:40
you more . So , if you can listen
11:42
. Throughout the book we talk about listening to the
11:45
customer , but also
11:47
listening to what you're saying to yourself and your
11:49
mind . Are you saying self-defeating thoughts ? Are
11:51
you encouraging thoughts ? What are you listening to
11:53
your manager ? Listening is
11:55
just a critical key in success
11:58
, as it is with coaching key in success , as it is with
12:00
coaching In the book in Listen to Sell
12:02
at the end , we
12:09
have multiple chapters on coaching to help business owners and managers coach and build
12:11
their people . It's not just driving revenue , it's building people . As you
12:13
build people , they'll build your sales
12:16
. At the end of every chapter
12:18
we give coaching tips
12:20
and coaching corners with almost
12:22
200 questions throughout the book that
12:24
you can ask people to uncover
12:27
what's driving them and
12:29
how to help them improve their sales .
12:31
It's so great because that accomplishes two
12:33
things right . There's an organizing philosophy
12:36
around the book , which is actually a pretty simple
12:38
approach , but a very powerful one
12:40
. But then you have all these great tactics
12:42
about really how to apply this , and
12:44
you're also modeling some behavior
12:46
here , because you're encouraging the reader
12:49
to really reflect on these questions first
12:51
and then think about how they can apply
12:53
them in these different scenarios .
12:55
And this is not just theory . What I
12:57
find is that some books I read are really good , but
13:00
they're very complicated . Someone
13:02
told me one time a consultant . He says if you
13:04
make it more complicated they'll pay you more . And
13:07
I think that's the opposite of what it should be . I
13:09
think people need something that's fairly simple , that
13:11
say I can use that . I can use that today
13:13
in my customer conversations
13:15
and help customers and be better
13:18
in my career . In
13:22
the back folks who get the book , you'll see there's a lot of assessments too , so you
13:24
can actually assess yourself , assess your people and
13:26
with some tips on how do you help them improve
13:29
. Because that's what's the purpose of the whole book is
13:31
how do we get better at not just
13:33
listening but selling and serving
13:35
other people and coaching our sales people
13:37
?
13:38
And you know . Another running theme you have is
13:40
developing emotional intelligence
13:42
, and you know we hear this frame a lot but
13:45
it's difficult sometimes for people
13:47
to visualize . Well , yeah , but how do I get better
13:49
at that ? What are the competencies of
13:51
emotional intelligence and how do I improve
13:53
? What are your thoughts on that and
13:55
maybe give us an example of the kind of tips
13:57
you use to really help people understand that
13:59
better ?
14:00
This has been a very popularized topic over the last
14:02
30 years or so . Daniel Goldman did a lot of studies
14:05
in the 90s . Travis Bradbury
14:07
has been very prolific with his
14:09
books Emotional Intelligence 2.0
14:11
and the Emotional Intelligence Habits about
14:14
how do we understand our own
14:16
emotions and how do we pick
14:18
up on others . Some of it can
14:20
relate also to what we call behavior styles
14:22
. Am I sensitive to
14:24
how other people like to communicate , and
14:26
can I communicate in the way they want to communicate
14:29
instead of the way that I want to ? Emotional
14:32
intelligence has been proven to be a lot more effective
14:34
in success than IQ
14:37
. They call it EQ versus IQ
14:40
, and so there's a long chapter
14:42
in the book towards the back about how
14:44
do I recognize where I am on the
14:46
emotional intelligence scale . Then
14:48
how can I improve myself and
14:51
also work better with my people ?
15:03
had to do with customer service and sales and this gap that occasionally occurs
15:05
between the organizations when they're not really glued together . Well , what are
15:07
your observations and what's going on there
15:09
?
15:10
Well , customer service is not just
15:12
something done by quote customer service people
15:14
. This should be a part of
15:16
the culture of every organization . Whether you've
15:18
got two people or 2,000 people or whatever
15:20
in your company , customer service
15:23
ought to be a part of everybody's job description
15:25
. We worked with an organization in California
15:27
one time that they said every
15:29
meeting needs to start with a customer
15:32
service message and end with
15:34
a safety message . This is part of
15:36
everybody's job , not
15:38
just externally with customers
15:40
, but we also have internal customers
15:42
and studies have shown that as
15:45
we give better service to each other , break
15:47
down the silos , support
15:50
each other , that gives stronger
15:52
external service too . There's
15:54
a study called the Service Profit Chain that was
15:56
done by Harvard and published in the HBR
15:58
that goes into this in depth that
16:01
it's extremely important for us to have a mindset
16:03
that I'm serving other people within the company
16:05
and that drives profitability and growth
16:07
. When you think about customer service
16:10
, a lot of times people don't understand that if
16:12
I don't interact with quote customers
16:14
, I don't need that kind of training . We
16:17
work with a healthcare organization in Florida
16:19
and in the cafeteria
16:21
they trained every single employee on customer
16:24
service skills and the person in the cafeteria
16:26
went through this and thought well , why am I here
16:28
with all these other important people the doctors and
16:30
nurses and executives All
16:33
I do is make the Jell-O . But then she
16:35
started to realize through the training that some
16:37
people couldn't eat without the Jell-O
16:39
that I made . She thought about the kids playing
16:42
in the Jell-O . She said , now that I understand
16:44
the purpose of what I do , she said I'm
16:46
proud that I make the Jell-O . So
16:48
, whether it's in service , whether it's in sales
16:50
, whatever it is , if we can help people
16:52
see the bigger picture of how they impact
16:55
others , that tends to
16:57
drive stronger activities
16:59
and a stronger sense of purpose and
17:01
it also improves retention and
17:03
productivity of employees .
17:06
Mike looking forward , where
17:08
do you see the positioning of sales and the
17:10
profession of sales as we move
17:12
forward into the next decade ?
17:14
I believe it truly is a profession . People
17:17
today , I think , are craving
17:19
human-to-human interaction
17:21
. They want somebody they
17:24
can trust . In today's
17:26
time , when you have so many options
17:28
and sometimes there's parity
17:30
of products , how do I figure out
17:32
what's best for me or for my company ? We
17:35
need someone who is truly a professional that's
17:38
addressing it with a customer
17:40
needs focused attitude , asking
17:43
questions to truly understand what the customer
17:45
needs , making the right recommendations
17:48
, and when you do that , you help
17:50
solve problems . And when you
17:52
do that , you create a long-term
17:54
customer who's willing to give
17:56
you repeat business referrals
17:58
, and good work turns
18:01
into more business . In this book
18:03
, we celebrate sales
18:05
as a profession . The salespeople
18:07
are respected , valued
18:09
partners for customers and
18:12
we see the profession growing .
18:14
That's a great point , mike , and I can't help
18:16
but think about not only there being
18:19
a bright future for people in the
18:21
realm of sales , but , more
18:23
importantly , how universal
18:25
this skill really is
18:27
, and it's still worth the investment
18:29
to develop more in your own personal leadership
18:32
of any kind of company
18:34
and developing your team . These skills
18:36
will help make you a better leader , no
18:38
matter what the context , and
18:40
I know that I'm very excited about the book and
18:42
I'm sure a lot of people will be too . So thank
18:45
you so much for joining us today . We really enjoyed
18:47
having you .
18:48
Shia and Craig , thank you for having me on . I
18:50
appreciate you sharing some of these ideas and
18:53
hopefully , if people pick up the book , you can get it at
18:55
listentosellbookcom and
18:58
it's available on Amazon and bookstores
19:00
, and in the book there are a number
19:02
of QR codes . You can get some free
19:04
resources , assessments
19:06
and things you can download to work with your team
19:08
. Also , on our website , interiorresolutionscom
19:11
, there's over 200 articles , blogs
19:14
, videos and tools that you can
19:16
use to help increase your business too
19:18
. So thank you for having me and anybody that has
19:20
any questions feel free to reach out to us .
19:23
Our guest today has been Mike Estraday , co-author
19:26
of the new book Listen to Sell
19:28
how your Mindset , skill Set
19:30
and Human Connections Un unlock
19:32
sales performance . You can learn
19:35
more about Mike , as well as find
19:37
links to his book and resources
19:39
all on our website at businessownersradiocom
19:43
.
19:45
Thank you for joining us on Business Owners
19:47
Radio . We hope you enjoyed today's
19:50
show . As always , you can
19:52
read more about each episode , along with
19:54
links and offers , in the show notes
19:56
on our website , businessownersradiocom
19:58
. We
20:00
want to hear your feedback . Please
20:03
leave comments on this show or suggestions
20:05
for upcoming episodes . Tell
20:07
your fellow business owners about the show and
20:09
, of course , you would love the stars and comments
20:12
on iTunes . Till next time , keep
20:14
taking care of business .
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