The power of Silence for Focusing on your business

Focus, Marketing, peak Performance, Productivity, single target market, Uncategorized

For a lot of people who follow Buddhism , today is an auspicious occasion since it Lord Buddha’s birthday. One of the things linked to Buddhism and the overall philosophy of religions that originated in the Indian Sub-Continent is the practice of “Dhyan” and Yoga. While there are a lot of people who follow and practice Yoga across the world “Dhyan” is something that is missing in our lives. “Dhyan” involves sitting in pin drop silence and just focusing all your energy to think.

We all (me included) are so busy running after deadlines all day that we don’t give our brains the bandwidth to actually do what it can do best – which is THINK. When you get into the “Dhyan” stage you are able to connect a lot of the dots which otherwise seem impossible to connect.

I have many times earlier, mentioned a practice by Dean Jackson called the focus finder. Its a very practical way to do a brain dump and then get on to the activity of Thinking.

Today I was a little frustrated that I was not being able to figure out a solution for identifying a Single Target Market. I keep giving you folks a lot of inputs on why you should go about identifying the Single Target Market and the incredible benefits it can have in your marketing.

But today I had a mind block and I was not able to think through on what would be my STM. After lazing around mindlessly and watching un-necessary web series for about an hour, I decided to just sit down with my notebook and pencil and started jotting down thoughts as they came to me about my “bullseye ” (the STM)

While doing this my brain also kept throwing up additional items that I could include. But I had to make my STM as sharply defined as possible. So I kept listing down, all the people whom I would not be able to help.

Automatically I ended up putting a lot of AND statements to ensure that there were as little possibilities as possible for some additional markets creeping in.

Once this was done I went two steps further, I even identified the the markets, one variable away and two variables away. This would help me, in case, the STM I have defined is not viable economically and I have to expand it a little bit.

While I spent close to 2 hours dilly – dalling, I was able to achieve all this in a matter of about 45 minutes, when there was pin drop silence and I was only focusing on this activity. These 45 minutes were more precious because of the immense productivity I got.

If feasible I would suggest everyone to regularly do these focus exercises, they can increase productivity levels dramatically and because you take out everything from your brain and put it on paper, there’s no chance of missing things.

Till next then.

Carpe Diem!!!

What would you like to read about

Uncategorized

Today I have a very small request – I have written about various topics. But they have all been what I thought about writing.

Is there something which you would like me to write about. Are there any marketing related challenges that you face that I could possibly help with.

Pls let me know in the comments section below.

Till next time then.

Carpe Diem!!!

Gatherers versus Consumers

B2B, Marketing, psychology, Uncategorized

Gatherers – I heard this term today, while listening to the Morecheeselesswhiskers podcast with Dean Jackson. I heard this in the morning and now its evening, this term is still ringing in my ear and the implications it can have in marketing.

Dean’s logic was that we are hardwired genetically to be gatherers. Since historic times, when human beings started staying in caves, they would take food and store it in the cave so that in case it rained or for some reason they couldn’t go out hunting the next day, they would have food for the family.

At that time if they found some bananas, they would “gather” it and take it to their cave. Till now that characteristic has not changed. People end up buying things, they never use, so that they however have it – just in case – gathering. If you are an avid reader like me, you may also have a lot of books which you have never read, but you bought them, so that you don’t end up missing them- another sign of gathering.

Consuming on the other hand is about something which we actually use.

Now here comes the interesting part. You can utilize this psychological concept in your marketing. How many times have you observed people offering you a free book. Chances are that you ended up taking that book by providing your email address. There’s also a very large chance that you didn’t read much of that book even though the title of the book had interestedyou earlier. So you gathered it but didn’t consume it.

So how can it be used. You offer a product worth “gathering” and in return get them to give you their emails to which you can then prospect on a regular basis. So now I have to think in terms of how I can create an item which is easy to gather which can help me generate leads.

Till next time then.

Carpe Diem!!!

The B2B sales person’s dilemma

B2B, Fear, Sales, Uncategorized

Over the years while directly being involved in sales myself or leading a sales team, I have realized, it’s always difficult for the sales guy to ask who else is in competition in the account where he’sselling.

Most weak sales people live in this LA LA Land . I still get sales people telling me that the “customer is only talking to me”. It’s actually a dilemma because the earlier you realize that you may not get the order you are scared because you don’t know what you will put in your prospect sheet.

When I was in my early years in sales, I did not have a large enough prospect base most of the time. Now because of that I always had the feeling that I did not have the luxury to lose an order. Due to this I would try to please the customer in every which way hoping that he will not call my competitors to discuss the requirements.

Some of the smart prospects actually used to give me the assurance that they would not discuss with any other company. But when we were called for negotiations, I would realize there were so many players and I didn’t stand a chance.

These failures taught me a few lessons- the first being – never believe that only one person’s decision will be important in a B2B sale. There will Always Always be multiple people involved in a B2B sale.

The second fact is that, there can never be only one company with whom they are discussing for the solution. Due to the success of your marketing you may be the first people they call for a discussion, but be sure they will call others, if only to get you to bring your price down.

The only time when the above may not strictly hold true is when you are building something for them at your cost…..which may be rare because of compliance issues.

Which then means that you should make it a point in every meeting to check out who else is in competition. There are various ways to do it and we can have a separate post on that.

Its better to be clear about your competition in advance and plan your sales accordingly, rather being thrown a curve ball, at the order you had committed was 100% probable and blaming the prospect for underhand dealings or sudden relative of the CFO appearing.

Sales is a very methodical process and you can’t wing it. The people on the other side of the table are seasoned buyers who deal with sales people all day. They also appreciate a professional preparation.

Till next time then.

Carpe Diem!!!