What's Standing Between You and a Six-Figure Income?

When I ask this question in sales seminars, Ialbum on sales training or purchased a book on
consistently receive these five answers from thehow to be a more accomplished salesperson?
attendees:Again, embarrassingly few hands go up.
1. Not enough time in the day to service thatWhy is this? Why do so few salespeople spend
many customers.so little of our time and money equipping
2. My market is too small to support the kind ofourselves to boost our productivity and
sales volume I need to earn a six-figure income.consequently our income?
3. I'm lousy at prospecting for new business.It's a mystery! I don't know the answer.
4. My compensation is tied to gross margin andThe economy with the exception of a couple of
my market is too competitive to yield the grossshort-lived recessions has been incredibly robust
margin I need to get into a high enough bracketfor a number of years. Salespeople who have
to produce a six-figure income.been willing to work on their skills and put in the
5. I'm not money motivated; I'm content with myhours it takes to be successful earn as much
current income.income as a lot of doctors, dentists, lawyers, etc.
Assuming that you are not currently earning aYet, with so much opportunity abounding, there
six-figure income, can you think of any otherare salespeople in just about every region who
reasons that are standing in your way?are starving to death. Many can't feed their
I can't help you if your market is too small or iffamilies. The primary reason is because they are
you lack the motivation to grow your sales andspinning their wheels. They're perhaps working
consequently your income. In other words, ifhard, but working hard doing the wrong things.
you're doing business in a rural market whereAre you spending more money on fishing, golf,
there are insufficient housing starts to generatehunting or vacationing than you're spending on
$3 million to $4 million in sales, I totally understand.YOU and YOUR PROFESSION? Are you green
But if this is not the case; that is, if you are in aand growing or are you dying on the vine?
market that does have the potential for this levelIf the economy is softening in the markets you
of sales, you can perhaps make a fewserve, it's more important than ever to learn how
adjustments in the way you sell and you can getto grow your business by taking sales away from
there.your competitors WITHOUT using price as a
Sales is one of the most rewarding professions inweapon.
the world because as a salesperson, your raise inPlease do yourself a favor and do one or more
most cases becomes effective when you do.of the following:
Assuming that you are compensated via a1. Order a set of Sales Training DVDs and CDs.
commission-based plan, you don't have to sitGoogle a search for sales training tools.
around waiting for the boss to give you a raise.2. Send me an email to receive a FREE reading list
All you have to do is improve your productivity infor salespeople. 3. Go to your local book store and
either sales, gross margin or a combination of thepurchase a copy of The One-Minute Salesperson.
two.4. Go to your local library and check out a good
Many times salespeople merely need a fewbook on sales. If you don't see one you like, try
lessons in selling. It can be that simple.The Greatest Salesman in the World by Og
If you're serious about your profession, you'll takeMandino.
your job as seriously as you take your favorite5. Call your Trade Association and find out when
hobby. When I work with salespeople, I often asktheir next sales training seminar will be held and
for a show of hands for the men and women insign up.
the audience that play golf or tennis. Usually a little6. Call your local Chamber of Commerce and find
over half the people in the room raise their hands.out if and when they are sponsoring a sales
My next question is, "How many of you havetraining session and sign up.
ever taken a golf or tennis lesson?"7. Spend a day with a salesperson who sells two
Of the ones that raised their hands the first timeto three times as much as you sell. Find out what
around, I generally get around 80% who havethis person does that you don't do.
actually forked out the cash for lessons from a8. Force yourself to make prospect calls. Call on
golf or tennis professional.qualified prospects that meet your company's
Then I ask for another show of hands, only thisideal customer profile until they BUY OR DIE.
time the question is: How many of you have everNever, never, never give up.
taken a lesson on how to sell more effectively.9. Make a list of your five greatest strengths and
The number that raise their hands in response toplay on them.
this question is embarrassingly few.10. Make a list of your five greatest weaknesses
Well, how many of you have -- with your ownand overcome them.
money -- purchased an audio-cassette or CD