Thursday, April 9, 2009

IS SINCERITY OVERRATED?

By Hank Trisler

Some folks have been holding forth about the importance of sincerity in selling. I thought about that and found it a charming concept that leaves me with a warm feeling, much like a kitten in my lap.

How does sincerity and bluntness convert to success in selling? If you are completely sincere, not only will you not make any sales, you won't have a family, or any friends, either. You may well have noticed that your customer's wife has breath like an acetelyne torch, but you would not be well advised to so inform him in the interests of sincerity.

The prime job of a salesperson is to create congenial relationships by making people happy. Excessive sincerity gets in the way of that. I'd much rather get an insincere compliment than a sincere insult. Oscar Wilde was heard to say: "A little sincerity is a dangerous thing, and a great deal of it is absolutely fatal."

"Diplomacy," "Tact," "Consideration," "White Lies" are all the antithesis of sincerity, but that doesn't make them ineffective in selling. Charles F. Kettering, the inventor of the overhead valve V8 engine, said: "You can be sincere and still be stupid."

The best salespeople I have met are, without exception, charming, considerate, pleasant people. They go out of their way to be charitable in describing others and very careful in dealing with people's emotions. You know it would be absolutely impossible for them to actually like all these people, but they certainly give the impression that they do.

Jean Giraudoux said, "The secret of success is sincerity. Once you can fake that, you've got it made." If you can't trust Jean, then who?

It's just possible you might have an opposing view. Let it fly.

Tuesday, April 7, 2009

F16 vs. BIRD

READ FIRST, THEN VIEW VIDEO ...

by Guest Blogger Leo Parrish of Highland, MI

This is footage from the cockpit of an F-16. Cool reaction and  professionalism of 
the two pilots, including cockpit transmission with
video. F-16 engine ingests bird
after takeoff @ Tyndall AFB, FL. Think you might find it interesting to see a crash
from the cockpit of an airplane.

It is an instructor pilot in the rear and a student in the front seat of an F-16.
A "Bird Strike," as seen through the Heads Up Display (HUD). You can see the bird
flash by just prior to impacting the engine. You can hear the aircraft voice warning
system telling them they have a problem and referring to the "D-6 NL" which means
there is no engine RPM.
They made 2 attempts to relight the jet engine, but evidently there was too much
damage from the bird strike and they had to eject.
These guys were very cool; note the heavy breathing... They certainly flew longer
than one would expect before ejecting.. Airspeed can be observed on the HUD's upper
left corner. It goes down to the low 120's as they struggle to get the engine going
again, but as the plane noses over and dives to earth it increases to at least 175
just before impact.
It just goes to show how quickly your day can go to pieces - 45 seconds from strike
to ejection. All and all, not bad. They ran the Emergency Checklist, made two
relight attempts, and picked out a ploughed field for impact before ejecting...You
can follow the audio attached to it and hear the conversation between the pilot and
instructor pilot and then the tower, including the pilot saying they were punching
out...The tower didn't seem to completely understand it all, and missed the
significance of the last transmission. The tower's last radio call, he's talking to
an empty aircraft.

The video continues until impact, even after they both eject. A classic "buying the
farm" as you can see the plow rows get bigger. A real nice job by the pilots by
keeping their cool and turning the aircraft away from populated areas. No one hurt
and no one killed but the dirty bird did
cost the taxpayers a "few" million dollars.

Sunday, April 5, 2009

FOREST GUMP EXPLAINS THE MORTGAGE MESS

Mortgage Backed Securities are like boxes of chocolates.

Criminals on Wall Street stole a few chocolates from the boxes and replaced them with turds. Their criminal buddies at Standard & Poor rated these boxes AAA Investment Grade chocolates. These boxes were then sold all over the world to investors. Eventually somebody bites into a turd and discovers the crime.

Suddenly nobody trusts American chocolates anymore worldwide. Congress now wants the American taxpayers to buy up and hold all these boxes of turd-infested chocolates for $700 billion dollars until the market for turds returns to normal.

Meanwhile, the Wall Street criminals who stole all the good chocolates are not being investigated, arrested, or indicted.

Mama always said: 'Sniff the chocolates first, Forrest'.

Quote of the day from a fund manager: "This is worse than a divorce... I've lost half of my net worth and I still have my wife."

The bailout, a different perspective. Back in 1990, the Federal Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the economy of our country to a pack of nit-wits in Congress who couldn't make money running a whore house and selling booze?

Run, Forrest, run!

By Guest Columnist Geoff Frisch of Frisch Ideas, Atlanta, GA

MOTIVATED BUYERS

By Hank Trisler

The greatest waste of time in a salesperson's life is the non-motivated buyer. Motivated buyers are those who badly need or want to buy what it is you're selling. They buy quickly, decisively and with an absolute minimum of haggling. The more motivated they are, the quicker and more decisive they become. Non-motivated buyers can't decide, always want to see another house or another model and generally suck up a lot of time. You think maybe the guy in the picture is a motivated truck buyer?

Since all we really have to sell is our time, we want to segregate the motivated from the non-motivated and spend as much time as possible with the former and as little time as necessary with the latter. Here's the problem: Few buyers come into our lives with signs around that read: "I'm Really Motivated."

That being the case, we need some identifying actions to help us know who is really motivated and who is just shopping. I'm going to use a few real estate examples here, as this is a field in which determining motivation is absolutely essential to one's survival. We'll have to extrapolate to other industries.

MOTIVATION HURTS. People are always asking how they can get motivated and I wonder why. Motivation is when you don't like the position you're in and badly want to change it. Motivation isn't something that one person does to another, but something that occurs internally. Getting motivated is not something I want to do to myself on purpose, but it happens to me without any conscious action on my part. I don't want to hurt on purpose. The more motivated I am, the more extreme are the actions I will take to get satisfied, or unmotivated. When I get the itch, I'll do whatever it takes to get it scratched.

MOTIVATED BUYERS ARE IN THE MARKET CONSTANTLY. If you really hurt, you work hard to make the hurt go away. If you have a buyer who is sitting in a motel with a wife, two kids and a cocker spaniel, you can bet he's going to do his damnedest to get out of there. If he's not looking at homes with you, he's looking with your competition, or calling Owners For Sale, or driving around town shooting For Sale signs.

My son, Howard, recently got the hots for a new car for reasons still obscure to me. He haunted automobile dealers, stroked salespeople, drove everything he could get his hands on, scoured the newspapers, surfed the Internet and generally drove everyone around him nuts. He really wanted a new car. If he worked that diligently at his business, he'd be a millionaire by now.

MOTIVATION IS SHORT TERM. Managers all over the world have told me, "I don't want my people to go to one of those ‘Motivational Seminars.' They get all pumped up, run out in the parking lot and can't find their cars. Motivation doesn't last." That's true, but neither does a bath.

We can't continue in a state of hurt forever, so we will find ways to scratch the itch, or make the itch go away. It all happens in the unconscious mind. My informal studies tell me that motivation can be kept at a peak for maybe a week, tops. If that highly motivated homebuyer you have can't find what he wants in a week, he'll rent a house or do something else to make the hurt go away. People just lose the fever.

After about a week of looking at cars, Howard decided a new one was just beyond his reach, so he decided to slick up his old car and drive it for a bit more. It happens to our buyers all the time.

MOTIVATED BUYERS ARE DISLOYAL. Buyer who really hurt don't care who makes the hurt go away, they just want it gone. If you deal with the truly motivated, prepare yourself for the fact that you may lose them to other salespeople. It wasn't anything you did wrong, it's just that the other guy was there with a solution at the right time. In the long run, however, you'll make a lot more money dealing with motivated buyers than with loyal buyers.

Here's the key: If a buyer is truly motivated, he'll love you if you let him know that you're going to make the hurt go away. Call him early every morning and tell him what you're going to be doing for him that day. "Hi, Al, three new homes came on the market today and I'm going right out to see if any of them might be right for you. Where will you be if I need to reach you?" "Good morning, Frances. I don't have the answer to that software problem yet, but I'm going to be working on it this morning and hope to have an answer for you by early afternoon. I'll call you as soon as I have it." "Hey, Howard, I have a lead on a car over in the valley and I'm going to see if we can get it for you. Don't go anywhere. I may need to get hold of you."

If your buyer is still motivated, he'll appreciate what you're doing on his behalf and may express his gratitude by holding still until you can solve his problem. After all, if he's convinced that you're working hard for him, he doesn't need to work so hard for himself.

If his motivation has changed, he'll tell you. "Hey, pal, you don't need to bust your pick for me. We just signed a six-month lease, so we'd have more time to find just the right house." Don't be depressed. It was nothing you did. He just found a way to scratch his itch before you did. Motivation can return as quickly and unpredictably as it left. Tell him you'll keep looking for just the right home and put him in your contact manager for a call in two weeks. If you continue to call him every morning, you'll annoy hell out of him because he's lost his motivation. Worse yet, you'll be wasting your time with an unmotivated buyer.

Will you lose the occasional deal because someone got motivated in between your bi-weekly calls? Of course, especially if you haven't really sold him on the value of having you as his salesperson. If you have, he may well call you when the motivation returns, but even if he doesn't you'll make more money by focusing on finding a new, more motivated buyer. Buyers who lack motivation will waste your time and drive you to distraction.

How do you qualify for motivation, or do you?