Skip to main content

Brian Tracy Talks About Achieving Unlimited Sales Success

A Conversation with BRIAN TRACY
About UNLIMITED SALES SUCCESS


  • Question:  Why are some salespeople more successful than others?
Brian Tracy: "I asked myself that very question when I started selling many years ago. My first breakthrough was the discovery of the 80/20 rule. It says that 20 percent of the salespeople make 80 percent of the money. That means the average income of the people in the top 20 percent is sixteen times the average income of the people in the bottom 80 percent.

When I first heard that statistic, I was both inspired and discouraged. I just did not think that being in the top 20 percent could be possible for me. Then I learned another fact: Every person in the top 20 percent started in the bottom 20 percent. Everyone at the front of the line of life started at the back of the line. I immediately made a decision to be in the top 20 percent.

Making a decision, of any kind, and then taking action on that decision, is often the turning point in your life. People who get to the top of any field get there after they make a decision, and then they back up that decision with hard, hard work, month after month and year after year, until they make their decision a reality."
  • Question:  What exactly do you mean by "hard, hard work" in sales?
Brian Tracy: "That's where the 80/20 rule also applies, but in a different way. It says that 80 percent of success is mental and emotional, not technical and physical. The most important determinant of sales success in any field, in any economy, in any market, with any product or service, is self-confidence. The higher your level of self-confidence, the bigger the goals you will set for yourself, the faster you will bounce back from rejection and disappointment, and the more you will achieve in a shorter period of time."
  • Question:  How can a struggling salesperson in the bottom 80 percent gain self-confidence?
Brian Tracy: "Self-confidence is determined by your self-esteem. The more you like yourself, the more confidence you have. The more you like yourself, the more you like other people, including your customers. The more you like your customers, the more they like you right back, and are willing to buy from you, and recommend you to their friends.

Psychologists will say that everything you do in life affects your self-esteem in some way. Almost everything you do is to either build your self-esteem or protect it from being diminished by other people or circumstances. Your self-esteem is the 'reactor-core' of your personality that determines your levels of optimism, self-respect, and personal pride.

Everything you do to build your self-esteem also builds your self-confidence. When you truly like yourself or love yourself, and see yourself as a valuable and important person, you become more positive and cheerful and completely unafraid to call on customers and ask them to buy from you."
  • Question:  How can a salesperson go beyond asking customers to buy to getting them to say yes?
Brian Tracy: "A critical factor is 'positioning' -- how the customer thinks and feels about the person doing the selling. Your positioning in the customer's mind and heart is perhaps the most powerful factor in determining how much you sell and how quickly.

Thousands of customers have been interviewed over the years and asked specifically what they thought about the best salespeople who called on them. They consistently described top salespeople, in every industry, worldwide, in three main ways -- as a friend, adviser, and teacher.

When your customers begin to think of you as a personal friend who just happens to be in the business of selling a product or service that they purchase, they will remain loyal to you.

When customers begin to see you as an adviser, as the go-to person in your field, they eventually reach the point where they will not buy from anyone else but you.

Customers also saw top salespeople as teachers who not only showed them how to best benefit from the product or service they were selling, but also took the trouble to educate them on the background and side issues pertinent to making the best choices.

Being a friend, an adviser, and a teacher to your customers is called the Golden Triangle of Selling. It applies to every salesperson: When you become fluent in each of these strategies and use them simultaneously, your sales results will soar. Your customers will be happy. They will buy more from you, and you will earn more than ever before."
  • Question:  Isn't this all about building relationships with customers?
Brian Tracy: "Indeed. Everything today in selling is relationships. And the keys to successful relationship selling are trust and credibility. When you think over your life, you will find that the most important people in your life are also the people you trust the most.

Without trust, no sales relationship is possible. Credibility means that people believe in you and are confident that your product or service is good for them and that you will fulfill your promises.

Earning a customer's trust, and establishing your own credibility, begins with asking a series of well-prepared questions and listening attentively to the answers. The more you demonstrate your desire to understand the customer's needs, through asking questions and listening to the answers, the more the customer trusts you and believes in you.

To become a successful salesperson -- to join the 20 percent of top salespeople who make 80 percent of the money -- you must become a relationship expert. Always look for ways to reassure your customers that the relationship is important to you. The more emphasis you put on your sales relationships, the more sales you will make and the more successful you will be."
Brian Tracy, co-author of Unlimited Sales Success: 12 Simple Steps for Selling More Than You Ever Thought Possible, is Chairman and CEO of Brian Tracy International, a com­pany specializing in the training and development of individuals and organizations. The world's leading sales trainer, Tracy has reportedly trained more people in more industries and more countries than any other sales trainer alive, and is the bestselling author of 55 books that have been translated into 38 languages. He lives in Solana Beach, California.
For more information about Tracy, you can visit http://www.briantracy.com, and follow Brian Tracy on Facebook and Twitter.
This posting's conversation with Brian Tracy is adapted from UNLIMITED SALES SUCCESS: 12 Simple Steps for Selling More Than You Ever Thought Possible by Brian Tracy and Michael Tracy (AMACOM; October 2013; $22.95 Hardcover; ISBN: 978-0-8144-3324-9).

Comments

Popular posts from this blog

Six-pillar Roadmap For How To Move From Merely Surviving To Truly Mattering

  In the new book, The Mattering Effect: Creating A Life Of Meaning And Worth , podcaster and author John R. Miles reframes today’s most common struggles and empowers individuals and institutions alike to break bad habits and reclaim a sense of worth and belonging. “Organizations have spent the last decade chasing 'engagement' and 'psychological safety,' yet global productivity is stalling and 60% of employees report they do not feel valued in the places where they spend their days,” shares Miles.   He calls this “The Great Erasure”—a condition where high-achievers become highly visible to the organization while becoming invisible to themselves.   In addition, Miles argues that many of today’s most common struggles—burnout, anxiety, loneliness, and disengagement—are not personal failures or mindset problems. They are the result of unmattering: the gradual erosion of felt significance within modern systems that reward performance while overlooking presence.   Fortu...

Seven Ways To Be A Collaborative Leader

Edward M. Marshall 's book,  Transforming The Way We Work -- The Power Of The Collaborative Workplace , remains relevant today, more than a decade after Marshall wrote it. Particularly useful is the book's section that teaches readers how to be a collaborative leader. Marshall says that there are  seven different, important roles and responsibilities of collaborative leaders when leading teams , and those leaders should select the appropriate style to meet the team's needs. The seven roles are : The leader as sponsor  -- You provide strategic direction, boundaries and coaching for the team. You also monitor progress and ensure integrity in the team's operating processes. The leader as facilitator  -- You ensure that meetings, team dynamics, and interpersonal relationships function effectively. You also ensure internal coordination of activities among team members. The leader as coach  -- You provide support and guidance and you serve as a sounding board. The lea...

How To Be A Conversational Superstar

Each year, I select my pick for the best new leadership book released that year. As published earlier on my blog, my pick for 2023, was  When Everyone Leads .   Some years, among the many books about leadership that I read, there is another book that is so good, it becomes my runner up for the best new leadership book of the year. That runner-up book for 2023 was,  The Communication Code , by  Jeremie Kubicek  and  Steven Cockram .   Today, let's take a look back at that book: “Effective communication is the lifeblood of every healthy relationship,” explain Kubicek and Cockram, whether that relationship is at work or at home. And effective communication is essential for successful leadership.   Fortunately, the authors' book provides a proven series of easy-to-implement skills, techniques and powerful strategies via what they call the  Communication Code  that anyone can use to make their communication, relationships deeper and more prod...

Questions You'll Likely Be Asked At Your Next Job Interview

Many Human Resource (HR) managers have moved away from questions like "What's your weakness?" and prefer  behavior-based questions , which ask you to: describe how you handled specific situations  at your former jobs If you are about to interview for your next leadership position, be prepared for questions like these (from an article in  Reader's Digest ): Tell me about a time when your integrity was challenged . What was the situation, and what did you do? Tell me about a time you had to work with someone you did not personally like . If you could come to work with  only three tools to get your job done, what would they be ? What personal and professional development have you been engaged in outside the workplace  over the past year? Describe your Outlook calendar  on a typical day

Today's Leadership Quotes

The one thing that's common to all successful people:  They make a habit of doing things that unsuccessful people don't like to do -- Michael Phelps The leader of the past was a person who knew how to tell. The leader of the future will be a person who knows how to ask -- Peter Drucker It is amazing what you can accomplish if you do not care who gets the credit -- Harry S. Truman No man becomes rich unless he enriches others -- Andrew Carnegie Perception, visibility, and influence will help you stand out from the gifted group of stars that surrounds you --  Joel A. Garfinkle

The Consumerization Of IT And It's Impact In The Workplace

By:  Guest Author, Kyle Lagunas Consumer technologies are infiltrating the workplace. Employees have access to powerful tools, applications and networks at home, and expect that same access at work. From employee and manager self-service portals to the growing number of social media elements in performance and learning management, the technology employees expect to find in the workplace is changing. How will this shift--the consumerization of IT--impact the way an organization recruits, engages and manages its workforce? I recently coordinated a roundtable with thought leaders across a range of Human Resources functions to participate in a discussion which sought to explore the challenges this trend poses--and to see what opportunity it presents to HR.  Here are some of the highlights from that roundtable:   Lagunas:  There’s a lot of conversation around the need for HR to position itself as a more strategic and consultative, rather than ad...

Example Of Good Guiding Business Principles

I really like these 10 guiding business principles that San Antonio, TX headquartered insurance company USAA lives by: Exceed customer expectations Live the Golden Rule (treat others with courtesy and respect) Be a leader Participate and contribute Pursue excellence Work as a team Share knowledge Keep it simple (make it easy for customers to do business with us and for us to work together) Listen and communicate Have fun Too many companies don't make it simple for their customers to do business with them. Is it easy for your customers to: Buy from you? Make returns? Get pricing and terms? Receive timely responses to their e-mails? Quickly get answers when phoning your company? You can find more examples of companies with impressive guiding principles in the book, 1001 Ways To Energize Employees .

Make It Easy For Your Employees To Volunteer

Start planning now for this year's National Volunteer Week, April 15-21 . That's the week when nonprofit organizations throughout the U.S. will celebrate and honor their volunteers. If you are not already volunteering, what a great time to start. Make a commitment to yourself to start volunteering before that week starts! And, if you are a workplace leader who supports a volunteer program at your business, you already know that by encouraging employees to give back to your community you are: building teamwork motivating employees attracting new hires In fact, job seekers much prefer companies that have a strong volunteer program. And, a growing number of businesses are rewarding employees who volunteer by giving them extra vacation time and other incentives. Fortunately, throughout the U.S. there are hundreds of volunteer opportunities where employees can contribute individually, or where leaders can organize teams of employees to volunteer together on a routin...

The 12 Ways Marriott Practices Good Leadership And Customer Service

The next time you stay at a Marriott hotel look in the nightstand drawer for Marriott's booklet that highlights its milestones and tells the Marriott story. In the booklet, you'll find the following 12 ways that Marriott practices good leadership AND customer service : Continually challenge your team to do better. Take good care of your employees, and they'll take good care of your customers, and the customers will come back. Celebrate your people's success, not your own. Know what you're good at and mine those competencies for all you're worth. Do it and do it now. Err on the side of taking action. Communicate. Listen to your customers, associates and competitors. See and be seen. Get out of your office, walk around, make yourself visible and accessible. Success is in the details. It's more important to hire people with the right qualities than with specific experience. Customer needs may vary, but their bias for quality never does. Elimin...

3 Things To Avoid When You Give Your Next Speech

If you don't want to get your speech off to a bad start, the communications experts at Speechworks suggest you: Don't apologize (particularly about your anxiety or lack of preparation. Apologies put your audience on the defensive. Don't start by telling a joke (which may not be all that funny, or is irrelevant, or that may even be offensive to someone in your audience). Don't beat around the bush (including, don't list off a lot of people you want to thank. Don't waste your audience's valuable time) Instead: If you need to deal with your anxiety, practice like crazy . Rehearse particularly your first line over and over. Start your presentation by laying out for your audience a key issue that they are facing in their business . If you must thank someone, do it at the end, or thank your introducer briefly, pause, and then start right into the meat of your message .