On Distribution: “How Do I Scale My Business?”

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from someone who wishes to remain anonymous.

Neagle                 Code Question


I am an artist, and have been successfully selling my posters into a specific retail genre. How can a “one woman band” grow distribution and a product line on a huge scale? I know if I can sell 10,000 of a product, then I could be selling 100,000 or more. How do I scale my business? Me, myself and I are very busy!

Neagle                                               Code Answer

Hi — and congratulations on your success!


A common mistake I see business owners make is that they build TO their vision, not FROM their vision.

As you grow, there are specific tasks you don’t need to do anymore, which will free up your time to do what you do best.


Make a list of all the things you are currently doing that someone else can do. This should include everything except fulfillment and sales.


ASK: If you sold 100,000 posters, what problems would arise in fulfilling that order?

Then begin to implement the team and procedures that need to be in place to fulfill it successfully. Start selling now!

The money you need to build your company is in the sales. It requires you to have faith in your vision.

The question to ask is, “How can I?” And never listen to reasons why you can’t.

Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

[8 Steps To A Live Presentation That Sells Series] Article #8 ~ Transition to Your Powerful Story

If the devil’s in the details, Step 5 of my formula for a live presentation that sells is a classic example. It may seem like a small point, but ignoring it could cost you thousands in sales.

Step 5: A Smooth Transition
After you’ve established with testimonials and case studies that you’re worth your audience’s attention, you want to keep that attention by making a smooth transition to your story.

For instance, if I had just told the audience how my client Elaine made $96,000 in 18 days, I might then say:

“I know that a lot of you may be thinking to yourself, ‘How can I do what Elaine did? How can I make a lot of money in a short period of time?’

“The answer to that question eluded me for most of my life. In fact, when I first started out, I was sick, broke and had a terrible attitude.”

Then, I start telling my story.

If your transition is absent or disjointed, the audience may get confused. Then their minds may start wandering to what they’re going to have for dinner, and you could lose them for good.

If your transition is smooth, however, you keep all of their attention riveted on you as you move into your story.

Step 6: Your Inspiring Story
Every one of us has a story of how we came to be where we are. If you’re speaking for the purpose of sales, that inspiring, rags-to-riches story is central to your presentation.

Your story may literally be rags to riches. Perhaps you grew up in poverty or were homeless for a period of time. Maybe you lived next door to a drug dealer like I did. Or, maybe for decades, you couldn’t get a date to save your life.

You went through a difficult time, and then figured out how to get out of it, and today you have the riches to show for it. You have a thriving business or a great partner or whatever is relevant for what you’re teaching and selling that day.

People Hear with Their Emotions
Whatever your story, it must come from your heart and be emotional. If you tell your story honestly and dig deep inside, you’ll start to feel the emotions you were going through at the time.

Let yourself express those emotions on the stage. Sometimes I cry. Sometimes I pound the podium.

That’s actually very powerful because emotions resonate with the audience. They’ll feel them too and make a real connection with you.

That’s why speaking is such an effective way to make sales. People listen with their ears, but they hear with their emotions..

In fact, unless they’re emotionally invested in what you’re doing, you’re not going to sell them a damn thing.

They’ll just sit there, rationalizing away their genuine need for your program.

But if you get them emotionally involved, they’re much more likely to buy.

In fact, they’re very likely to buy. As I’ve said, 30% of the people in my audiences buy what I’m selling.

And if you transition smoothly to your powerfully told story, the same could be true for you.

David Neagle, The Million Dollar Income Acceleration Mentor and author of The Millions Within, teaches entrepreneurs and commission-based sales professionals how to quantum leap their current incomes past the 7-figure income level, often in less than 12 months. As a world-class speaker, sales trainer, and success-mindset mentor to some of the globe’s top CEOs, David also privately mentors big decision-makers in their pursuit of quantum success and peace of mind.

Business Challenges: When to Fight vs. When to Let Go

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from Debra.

Neagle                 Code Question


Hi David.

My question is about letting go. When and how do you know if you need to let go or if you need to stand up for yourself and fight?

Thanks so much!

Neagle                                               Code Answer

Hi Debra.


The answer to your question of when to let go depends on your attachment to the outcome.

On the surface, it seems standing up for yourself would often be the right course of action. However, there are times when the issue just isn’t that important and it’s better to walk away.


The way to think about when you need to let go is to look at why you care.


If you have a strong need to be right, you may find yourself fighting about a matter of no consequence.

In another instance, you may be fighting to keep a client that isn’t ideal.  In both cases, choosing to “stand up for yourself” is likely a distraction of your subconscious trying to take you off course.

When faced with the decision to let go or take a stand, ask yourself if making a stand will be for your growth or if it’s coming from a place of fear.

If it’s coming from fear, it is a sure sign you need to let go.

Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

“How do I stop trading time for money as a coach?”

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from someone who wishes to remain anonymous.

Neagle                 Code Question


Hi David!

I hear you teaching about the pitfalls of exchanging time for money. I'm a coach… how on Earth do I NOT exchange time for money, when I'M the person who is fulfilling my programs?

I'm clearly confused. Can you please clarify?

Thanks!

Neagle                                               Code Answer

Hi and thanks for the question!


What you want to get away from is trading dollars per hour in your business.

Instead of having an hourly rate, you have a package price. Determine how much your product or service is worth based on the result they are receiving, not how much time you are spending with them.


You can charge whatever you want as long as the outcome for the client is worth more to them in value than you receive in cash.


Working with a group of people rather than individuals is also a great way to leverage your time. You serve more people and earn more money spending the same amount of time as you would with one person.

And remember time spent one-on-one with you is always worth much, much more!

You’re the expert in your business.

Be creative, have fun and charge what you’re worth.

Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

[8 Steps To A Live Presentation That Sells Series] Article #7 ~ Tap the Power of your Testimonials

If used powerfully, case studies and testimonials from customers and clients prove to your audience that you are worth their time, attention and investment.

To tap the full power of your testimonials, you want to organically weave them into your presentation as points or stories.

For instance, if I simply tell the audience that I can help them double their income in 30 or 60 days, they might listen to me ~ or they might think I’m full of crap.

But if I tell them about Elaine Shaw, who, after a phone session with me, made $96,000 in 18 days, they’re very likely to sit up and listen ~ not only to her story, so that they can learn from her experience, but also to what I have to say.

Thus, by weaving her story into my presentation, I not only prove my point that I can help them double their income, but I firmly establish my credibility as an expert and set myself up for great sales.

How exactly would I do this? If I were speaking to a group of people, here are some of the highlights of what I would say:

“I’m going to tell you why I am so confident that I can show you how to double your income in 30 or 60 days. A woman I’d never heard of before, Elaine Shaw, called me up out of the blue, telling me that she was working her butt off, but having terrible results.

“She called me on April 12. By that point in the month, she had made $5,000 in sales, and she wanted to make $60,000 by the end of April. After talking with her for a while, I helped her tweak what she was saying to herself and gave her a couple of techniques for working with her goal.

“At the end of the month, just 18 days later, she phoned me in tears. Not only had she hit her $60,000 goal, but she made $101,000 in sales! She did more sales in her company than any other person, and won a trip to Germany.

“And, folks, it didn’t take much more effort on her part to apply the things I’m going to show you today.”*

Now, the audience is thinking, “Wow, what did she do? How is it possible to go from $5,000 to $101,000 in sales in just 18 days?”

In order to find that out, you bet they’re going to listen attentively to me. I’m also setting them up for the sale at the end of my presentation.

During the rest of my talk, I’m going to give them some of the information I gave Elaine, but not all of it.

By the end of my presentation, they’re going to be hungering for all of the details of how I helped Elaine get her result.

And they’re going to be willing to pay for my program or product in order to get it.

* FTC compliance is beyond the scope of these articles, but you do want to make sure that your testimonials comply with the latest guidelines.

David Neagle, The Million Dollar Income Acceleration Mentor and author of The Millions Within, teaches entrepreneurs and commission-based sales professionals how to quantum leap their current incomes past the 7-figure income level, often in less than 12 months. As a world-class speaker, sales trainer, and success-mindset mentor to some of the globe’s top CEOs, David also privately mentors big decision-makers in their pursuit of quantum success and peace of mind.

Sales Calls: How to uncover your prospect’s pain

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from Elizabeth.

Neagle                 Code Question


If I'm making sales calls and I am calling a prospect, how do I begin the conversation? They don't necessarily know that they have a problem.

Thanks!

Neagle                                               Code Answer

Hi Elizabeth. This is a great question.


It isn’t so much that people don’t know they have a problem; they generally are just focused on the wrong part of the problem…the symptoms rather than the cause.

Think about if you went to your doctor for a headache – you know you have a headache; you aren’t sure of the cause and you want relief.


One way the doctor diagnoses the cause is by asking questions.


It’s the same with your prospective clients.

You start by asking questions about their pain point relative to the services you provide – what is the biggest challenge they face right now?

Why do they feel they are experiencing this problem?

What happens if they don’t find relief from the problem?

And, most importantly, what is their level of desire and commitment to change?

The real key is to ask questions so the person you are speaking with comes to see the issue on their own.

Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

Can anyone master sales, really?

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from Yvette.

Neagle                 Code Question


You’re constantly mentioning the importance of sales. Considering that we all have different skill sets, can ANYONE be a good salesperson? Can I master sales if I don’t like sales?

Neagle                                               Code Answer

Hi Yvette.


This is a great question!

The reason I am always stressing the importance of sales is because without sales you don’t have a business. The only way that money changes hands is through sales.


If you don’t like sales it’s because you’re misunderstanding it. Sales is not something you do TO someone, it’s something you do FOR someone. You are helping a person to gain clarity so that they can make a decision that will enhance their life.


That’s why I created the Compassionate Conversion Flow Chart. It helps you be of service to a potential client. When you are focused on you, you can’t help the other person.

You want to be thinking, “How can I help this person?” NOT “What can I get from this person?”

Sales is THE most important skill to master.

And anyone can learn to do it.

Sales will also cause you to grow faster than anything else. If you’re willing to put the effort forth to master sales, nothing can stop you.

When you have your own business, sales is something that needs to happen everyday. If you do this, you will never have money problems.

Master sales. Master your income.
http://www.compassionateconversion.com/
Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

The greatest hiring mistake made by entrepreneurs today

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from Deon.

Neagle                 Code Question


Hi David!


Knowing that it takes a team to build the business that I want to grow, how much trust/emphasis should one put into others? Or is it ALL on me?

Thanks!

Neagle                                               Code Answer

Hi Deon and thanks for the question.


The concept of trust is interesting, and the more I speak to entrepreneurs, the more I see how their lack of understanding of trust leads to sabotage.

You see, trust MUST be earned.


To trust blindly in others is sheer ignorance.


Let me explain.

When you are building a team, you have to assume the role of leader.

A good leader interviews and screens potential hires carefully and strategically.

References are always checked.

After the hire is made, the leader gives the new team member opportunities to earn the leader’s trust until they have proven to be trustworthy.

This is your business, it’s your responsibility, and I see so many entrepreneurs hand over the keys to their business to people who have not demonstrated that they can be trusted.

Do your part to make sure the team members you are bringing into your business are a good fit, and be willing to give them opportunities to showcase their gifts and earn your trust at the same time.

Just Believe,®
Interesting Image

 

PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.

[8 Steps To A Live Presentation That Sells Series] Article #6 ~ Establish Your Credibility

When you take the stage, your audience is likely wondering, Who is this guy or gal? They want to know if you have the potential to make a difference in their lives or businesses.

With Step 4, you’re anticipating those questions, telling them why they should listen to you.

In some environments, the simple fact that you’re onstage conveys credibility to you as an expert, but that’s not always the case.

You may be presenting at a multi-speaker event with more established people in your field. Or you could have a lot of seasoned (or jaded) industry veterans in the audience. Or maybe you’re in an industry, such as real estate or insurance, where people listen to a lot of speakers.

In those situations, especially, you need to provide proof that you are worth their time, attention and investment.

How to Establish Your Credibility

You can establish your credibility in two main ways:

1. Present Your Qualifications
Presenting your qualifications is usually done before you take the stage. First, you want to make sure that they’re listed in the speaker’s agenda, so the audience has access to them ahead of time. Then you want to give to the person who’s introducing you a paragraph to read that includes your qualifications.

The paragraph should lead with a powerful statement, like in the example below, and then include your relevant accomplishments, experience, education, awards, certification and training ~ whatever will make you look like an expert.

Your introduction should be typed in large print and written like a script, so the person can read it word-for-word. For instance, “I’m so pleased to welcome to the stage the person who showed us the goldmine in social media.”

Ideally, you want the person introducing you to be the promoter. He or she knows you best, and would be happy to do it, since anything that makes you look better can boost his or her bottom line. (Typically, the promoter gets 50% of your sales.)

Before you hand over your introduction, be sure to read it first out loud. Many introductions are flubbed because they look okay on the page, but don’t translate well when heard.

2. The Testimonial
In your presentation, after you’ve delivered your grabber, told the audience what you’re going to do and laid down the ground rules (Steps 1-3), you want to begin to deliver case studies or testimonials of people who attest to the power of your work.

In fact, on an ongoing basis, you should be building an arsenal of positive comments from newspaper and magazine articles, television and radio interviews, awards, emails from clients and customers, even posts to your Facebook page. Any time someone says something complimentary about you, your company, product or program, keep a copy of it for possible use as a testimonial.

Before you actually use the private posts and emails, you need to ask permission (and make sure they’re FTC compliant*), but once you have permission, you can include them along with your other testimonials in your PowerPoint or overhead slides.

Live testimonials are also very powerful. These are clients or customers in your audience who have agreed ahead of time to give you an unpaid endorsement.

Whatever their form, you don’t want to dump all of your testimonials into the audience’s lap at once. You can start with a few, include at least one on your order form, and weave the rest of them in seamlessly throughout your talk. Or you can begin with an extended case study.

Whether long or short, you want your testimonials to feel like an organic part of your presentation.

I’ll show you how to accomplish that next time.

*FTC compliance is beyond the scope of these articles, but do check the latest guidelines to be sure you meet the requirements.

David Neagle, The Million Dollar Income Acceleration Mentor and author of The Millions Within, teaches entrepreneurs and commission-based sales professionals how to quantum leap their current incomes past the 7-figure income level, often in less than 12 months. As a world-class speaker, sales trainer, and success-mindset mentor to some of the globe’s top CEOs, David also privately mentors big decision-makers in their pursuit of quantum success and peace of mind.

3 Steps to Spending More of Your Time Making Money in 2014

This week's question from my portal “The Neagle Code: Directions
for Life”
comes from someone who wishes to remain anonymous.

Neagle                 Code Question


Hi David!


How do you find the time to do everything that needs to be done to actually make more money?

Thanks so much!

Neagle                                               Code Answer

Hi and thanks for the fantastic question!


I learned a long time ago that we can’t manage time…we must manage activities.

You see, work will always fill the time you allot for it. This is why one of the first things I teach my VIP Clients is the fine art of calendaring.


Let me explain… as entrepreneurs, there are so many things that can bombard us on a daily basis. Whether it’s making sales calls, handling client satisfaction, fulfilling orders or programs, marketing planning or dealing with our personal lives, there is ALWAYS something to fill our time.


One of the key strategies to ensuring money-making activities get done is to schedule those activities every day, and STICK TO YOUR SCHEDULE.

Start with calendaring the “non-negotiable” items first. These items can be up-coming travel, presentations, and other activities that are firm.

Next schedule all your money-making activities. These should include sales calls, strategy and launches.

From there schedule everything else.

In doing this you may even come to see that you actually have more time than you need or you may see opportunities to hire people to help you with the things you do not specifically need to be doing.

Once you have your schedule in place, you must discipline yourself to stick to it!

Sometimes this is the most difficult step, and if you find yourself straying from your calendar, take a moment to re-align yourself and course correct.

Just Believe,®
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PS: The Neagle Code: Directions for Life is a weekly no-cost
program that is open to everyone! Each week, I'll select and personally respond to one question received via the above “The Neagle Code” page that I feel in my heart will help the most people. (You may choose to remain anonymous if you wish, with our full support.) It is my deep, heartfelt intention that ~ in answering your questions ~ I may provide you with the Universal Truths that in committed application, will set you free. Simply submit YOUR burning question at: www.DavidNeagle.com/ask-david to participate.