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Casual Articles - Resolve to Commit
Pharmaceutical Sales Careers for Business Degree Graduates a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town.So you graduated with a business degree or even a MBA and you don’t want to become an accountant or get too heavily involved in the finance or banking areas. You like marketing and sales but are not sure of which industry to work in. If you want to be in a leading edge field that plays an important role in healthcare, you might want to consider a pharmaceutical sales career.Unlike what some people think, one does not have to be a science graduate or have a scientific background to become a pharmaceutical sales representative. As long as one has the aptitude to keep learning, pharmaceutical company training departments will make sure that new pharmaceutical sales reps are thoroughly trained in the science in order to do the job effectively.Although it is easier for people with science backgrounds, there have been many others who went into pharmaceutical Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, Women Play to Win in Business and Life I have a friend (let's call him George for this piece) who owns a number of fitness clubs in a suburb of a large city. He just loves January, just as everyone struggles back from the holidays, looking at the year ahead with lethargy and perhaps some angst, he prances into work as gleeful as can be. The reason is that for years he has benefited from what he calls the "New Year Resolution Syndrome".Have you seen this happen to a woman you know?She gets very close to success - then turns her attention in another direction.She has an opportunity to "shine" at a meeting, but turns it over to someone else.You compliment her on what a great job she did and she gives credit to the team instead.She has a million-dollar idea, but decides to take the safer route and get a steady job and pursue the idea "later."These are examples of "playing not to lose" and it's often a common ailment of women in business. It's taking the safe option instead of really going for it.While part of this may be a result of our culture, we still have choices. And that choice can be to "play to win!"There are five principles for a "Play to Win" attitude.1. Be Decisive. In business there are opportunities that are time-sensitive and if you de Every January thousands of well intentioned individuals make a new year's resolution to lose weight, become healthy and reap the benefits of a fit and healthy life style. Every January, hundreds of people sign up for new memberships at his clubs committing to a year or more. The first few days of January the clubs are packed from 5:00 am to midnight. By the third week of January, the line ups at the equipments are bearable, but classes are still in full demand. But as he points out, by Valentines Day, things go back to "normal", that is no change from the traffic the clubs have in August or September. Each year he gets this enormous cash influx in the form of annual memberships, knowing that very few will take advantage of the clubs for more than six weeks. Sadly, many people repeat this ritual each year as they "resolve to change", convinced that this year in fact, will be different, this year they are going to change the outcome. Now I don't want to give you the impression that George is ruthless capitalist who wants these folks to fail, in fact quite the opposite. Each January he adds extra programs geared specifically at helping the "novice" and "resolving" to achieve their goals. He hires additional personal trainers and includes them in his New Year specials to help people get a proper start in their endeavors. As part of the package new members are entitled to personal assessment and an individual planner to help them stay the course. He tells me that at best, only about 30% of new members take advantage of these extras, most believe that they can go from zero to sixty all on their own, most are after instant results, instant gratification, most lack a plan, and most fail. I asked George what the difference was between those who succeed, and those that fail year in and year out. He sighted a number of factors, but boiled it down to the following:
This past December we were working with a group in the Mid-West, who has not made goal in over five years, the executive wanted to make sure that 2006 will be different, not only will they make their numbers, but increase margins and improve morale. While they are one of the leaders of their sector, they are experiencing tremendous price pressure, and a steadily growing number of competitors. In order to ensure success, the teams were given their 2006 goals by December 9th, giving them ample time to plan the year ahead. On December 14th we began our formal planning exercise, of 55 sales reps:
Once we got some focus on these issues, we moved on to how they balance their time to ensure that they deliver their numbers, and more importantly, customer satisfaction. It was clear that many did not actively manage their time, but were allowing daily circumstance to dictate their activity and results. Many were running in a constant responsive state, little or no control over their day. While all were busy, few were productive from a revenue point of view. As is often the case, their efforts while were focused on things that were not priorities, with high potential clients or prospects. Once reviewed, in most cases over 70% of their time and effort was spent with clients that generated less than 35% of their revenue, many with little or no upside potential. Of course the battle cry was that if they did not respond to "clients' request, the clients may go elsewhere. But when examined from a effort reward standpoint, that may not be such a bad thing, some of these clients were standing in the way of growth, using up valuable time that could be spent with high potential clients and prospects. But without a plan, they were unable to change this pattern, when they could have been making prospecting calls, they were tracking down a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town. Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, How To Build and Maximize the Power of Your Database outcome.If you have read any of my previous articles, you know that I am a big advocate of database management. The purpose of this article is to dig deeper into the nuts and bolts of how to build, develop, and maximize your database with the goal of increasing your profits.Many business people do not even have a database, and those that do many times do not consider it anything more than an electronic rolodex designed to keep track of phone numbers and email addresses. I can tell you from personal experience that a database, if properly cultivated, can be so much more, and can in fact be one of the keys to increasing your business.We will explore the following five key elements of building a successful database in this article:1. If I don’t already have a database, how do I get started?2. What characteristics should I look for in a database prog Now I don't want to give you the impression that George is ruthless capitalist who wants these folks to fail, in fact quite the opposite. Each January he adds extra programs geared specifically at helping the "novice" and "resolving" to achieve their goals. He hires additional personal trainers and includes them in his New Year specials to help people get a proper start in their endeavors. As part of the package new members are entitled to personal assessment and an individual planner to help them stay the course. He tells me that at best, only about 30% of new members take advantage of these extras, most believe that they can go from zero to sixty all on their own, most are after instant results, instant gratification, most lack a plan, and most fail. I asked George what the difference was between those who succeed, and those that fail year in and year out. He sighted a number of factors, but boiled it down to the following:
This past December we were working with a group in the Mid-West, who has not made goal in over five years, the executive wanted to make sure that 2006 will be different, not only will they make their numbers, but increase margins and improve morale. While they are one of the leaders of their sector, they are experiencing tremendous price pressure, and a steadily growing number of competitors. In order to ensure success, the teams were given their 2006 goals by December 9th, giving them ample time to plan the year ahead. On December 14th we began our formal planning exercise, of 55 sales reps:
Once we got some focus on these issues, we moved on to how they balance their time to ensure that they deliver their numbers, and more importantly, customer satisfaction. It was clear that many did not actively manage their time, but were allowing daily circumstance to dictate their activity and results. Many were running in a constant responsive state, little or no control over their day. While all were busy, few were productive from a revenue point of view. As is often the case, their efforts while were focused on things that were not priorities, with high potential clients or prospects. Once reviewed, in most cases over 70% of their time and effort was spent with clients that generated less than 35% of their revenue, many with little or no upside potential. Of course the battle cry was that if they did not respond to "clients' request, the clients may go elsewhere. But when examined from a effort reward standpoint, that may not be such a bad thing, some of these clients were standing in the way of growth, using up valuable time that could be spent with high potential clients and prospects. But without a plan, they were unable to change this pattern, when they could have been making prospecting calls, they were tracking down a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town. Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, Make Money Off The Rich Guy With The Big Yacht an or road map as to how they will get there.Do you own a boat or know someone who does? If you do, you know how expensive it is to have it dry-docked to clean the hull. It is a major hassle, too - facilities may not be available when it is convenient and you are out of action for the whole time. But, as always, where there is a problem that needs a solution, there is an opportunity to profit.If you like to snorkel or scuba dive, this is an ideal way to combine something you like doing and making a profit at the same time. Start an 'in the water' hull cleaning business. The demand is there, you just have to have the equipment and get the word out.If you have snorkelling and/or diving equipment, you already have the biggest expense of your business taken care of. All you need to buy are the right brushes and scrapers. These will be available at your local marine supply shop or online. It would be a go This past December we were working with a group in the Mid-West, who has not made goal in over five years, the executive wanted to make sure that 2006 will be different, not only will they make their numbers, but increase margins and improve morale. While they are one of the leaders of their sector, they are experiencing tremendous price pressure, and a steadily growing number of competitors. In order to ensure success, the teams were given their 2006 goals by December 9th, giving them ample time to plan the year ahead. On December 14th we began our formal planning exercise, of 55 sales reps:
Once we got some focus on these issues, we moved on to how they balance their time to ensure that they deliver their numbers, and more importantly, customer satisfaction. It was clear that many did not actively manage their time, but were allowing daily circumstance to dictate their activity and results. Many were running in a constant responsive state, little or no control over their day. While all were busy, few were productive from a revenue point of view. As is often the case, their efforts while were focused on things that were not priorities, with high potential clients or prospects. Once reviewed, in most cases over 70% of their time and effort was spent with clients that generated less than 35% of their revenue, many with little or no upside potential. Of course the battle cry was that if they did not respond to "clients' request, the clients may go elsewhere. But when examined from a effort reward standpoint, that may not be such a bad thing, some of these clients were standing in the way of growth, using up valuable time that could be spent with high potential clients and prospects. But without a plan, they were unable to change this pattern, when they could have been making prospecting calls, they were tracking down a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town. Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, Act As If make their 2006 goals, just like George's clients, they were resolved and signed up for the year.Confidence is a habit that can be developed by acting as if you already had the confidence you desire to have. --Brian TracyAct As IfSometimes, achievement is simpler than most make it out to be. You can act as if you are fully prepared and even very experienced at public speaking or negotiation or effective private communication, whatever the day requires you to do.Of course, this takes a measure of self-confidence, of belief in oneself; but so does just getting through the day for many people. Is this acting or fooling yourself into an attitude adjustment? For some it may be, but to act as if you can do what you need to do is really what is a big part of everyday life.When one is called upon to stand up and speak before a group and a flood of fearful thoughts intervene, yes, all the self-esteem and faith and belief in oneself Once we got some focus on these issues, we moved on to how they balance their time to ensure that they deliver their numbers, and more importantly, customer satisfaction. It was clear that many did not actively manage their time, but were allowing daily circumstance to dictate their activity and results. Many were running in a constant responsive state, little or no control over their day. While all were busy, few were productive from a revenue point of view. As is often the case, their efforts while were focused on things that were not priorities, with high potential clients or prospects. Once reviewed, in most cases over 70% of their time and effort was spent with clients that generated less than 35% of their revenue, many with little or no upside potential. Of course the battle cry was that if they did not respond to "clients' request, the clients may go elsewhere. But when examined from a effort reward standpoint, that may not be such a bad thing, some of these clients were standing in the way of growth, using up valuable time that could be spent with high potential clients and prospects. But without a plan, they were unable to change this pattern, when they could have been making prospecting calls, they were tracking down a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town. Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, The Added Effectiveness of Promotional Products in Your Marketing Plan a shipment; when they could have been focused on developing a plan with a high potential client, they were busy talking to the development team about specs for a clients that has not upgraded in the last three years. As a sales manager of a fleet sales force once told me, there is always a battery that needs to be driven across town.Recently, I stopped by a new car wash in my town and while preparing to insert my six quarters into the machine to start the cleaning process, the owner came over to me and thanked me for stopping in. He also handed me a pen that had the name and address of the car wash imprinted on it.The fact that the owner was going around passing out free promotional pens to patrons impressed me. I stop at car washes all the time and never get free stuff. In fact, if the cleaning wand removes most of the dirt and the spot-free rinse is actually spot-free, Im pretty happy.You may be thinking to yourself, Thats a nice gesture, but is it really very effective as a marketing tool?Absolutely.Not only are promotional products effective marketing tools, but they can actually foster goodwill toward your company or organization and its salespeople or repres Where many sales people and George's clients fail is in clearly articulating what it is they want to do, what steps are needed to attain it, and finally writing it down and measuring and reviewing their progress over time. George points out that those who stick with their program, usually have both long term and short term goals written down. They keep a record of their work outs, miles ran, pounds lifted, etc. They review them regularly, looking for small incremental gains, and adjust accordingly. They can't drop 35 pounds between January 2nd and February 14th, and they don't try to. They set goals that stretch them but do not break them or their resolve. Of the 55 sales people only 5 had set quarterly goals, none weekly, and the only review was the ever painful quarterly review with the regional VP which was heavy on rational and light on tangible plans and results. Only time will tell how well this group does, and Valentines Day is only a sales cycle away, but they are equipped with a plan, focused on result generating activity, and have committed to their personal success in writing to themselves not their companies. Three have even signed up with George and are resolved to maximizing their investment in self improvement. We'll update you on their progress.
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