Entrepreneurship on Line

Aiming for skilled entrepreneurs.

Tuesday, March 10, 2009

Todd Duncan's Sales Mistake #5: Begging

P. 142 of Todd Duncan, Killing the Sale; the 10 Fatal Mistakes Salespeople Make and How to Avoid Them (Nashville, TN: Thomas Nelson Publishers, 2004), gives his eighth selling mistake as "Begging," or "Seeking your customers' business before earning your customers' trust."

Duncan gives five rules for ensuring your prospects buy into you before you ask them for their business:
1. Say something new.

2. Be the first to add value.

3. Be the first to say think you.

4. Respect your prospect's time.

5. Don't stop once the sale seems imminent.
You should pay attention to this. It's good stuff.

What do you think about this? Have you ever been guilty of gambling? I'm trying to create more skilled entrepreneurs. Do you think this helps?

This is some of the stuff that will go into my entrepreneurship course. The ideas in it supply the life's blood of my professional activities: teaching, writing, and real estate. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog and for entrepreneurial writing to www.kearneymusicschoolmurders.blogspot/com.

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Sunday, March 1, 2009

Todd Duncan's 10 Fatal Selling Errors

Todd Duncan, in Killing the Sale; the 10 Fatal Mistakes Salespeople Make and How to Avoid Them. (Nashville, TN: Thomas Nelson Publishers, 2004), lays out 10 basic selling errors. Entrepreneurs should recognize them so they don't do them.

Here they are:
1. Hyping: "Relying on 'You can do it' propaganda to maintain your sales motivation.' (p.1)

2. Posing: "Trying to sell before training to sell." (p. 17)

3. Tinkering: "Treating the symptoms but not the sickness of poor selling efforts." (p. 39)

4. Moonlighting: Buliding a business-based life instead of a life-based busines. (p. 61)

5. Muscling: Taking Lone Ranger actions instead of using team-connected strategies. (p. 83)

6. Arguing: Selling your product before knowing your customer. (p. 103)

7. Gambling: Making unplanned calls on unknown customers. (p. 123)

8. Begging: Seeking your customers' business before earning your customers' trust. (p. 141)

9. Skimming: Focusing of surface profitability instead of client satisfaction. (p. 159)

10. Stagnating: Losing your sales edge by neglecting your growth curve. (p. 181)
There's not one salesman who hasn't been guilty of none of these. All of us have done every one of them at one point in time.

The key is to keep them in your mind and recognize them when you're either doing them or contemplating on doing them.

But if you recognize your core values and act according to them as often as possible, you'll maximize your chances of never doing any of them.

I'm going to go over each one in subsequent posts. Entrepreneurship is a sales business. Need I say more?

What do you think about this? Have you ever been guilty of it? I'm trying to create more skilled entrepreneurs. Do you think this helps?

This material comes from This is some of the stuff that will go into my entrepreneurship course. The ideas in it supply the life's blood of my professional activities: teaching, writing, and real estate. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog and for entrepreneurial writing to www.kearneymusicschoolmurders.blogspot/com.

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