Episodes

  • Sell More With a Personal Business Plan

    Sell More With a Personal Business Plan
    Dec 16 2024
    Over the past two months the team at Sales Gravy has been working hard on our business plan for next year. Like so many other companies, we build an annual business plan because we need to know where we’re going and how to get there. We’re not leaving our fate to chance. Our business plan is compass that helps us navigate and stay on track to reach our goals. Randomness is the Enemy of Effectiveness But what about you? Have you ever stopped to think that you need the exact same thing for your upcoming sales year? Without a plan, it’s easy to drift and fall into randomness—just waking up every day and hoping something good happens. But here’s the deal: Randomness is the enemy of effectiveness. If you don’t set a clear direction, you’ll never hit the target you’re aiming for. You’ll be like a boat without a rudder—drifting and, eventually, ending up someplace you never intended to go. Yogi Berra said it best: “If you don’t know where you’re going, you’ll end up someplace else.” Trust me, “someplace else” isn’t where you want to be at the end of next year. Adopt a CEO Mindset The difference between average salespeople and top performers often comes down to one key mindset: top performers don’t act like employees; they think like entrepreneurs. The moment you start treating your territory as if it’s your own business, your mindset changes. You stop feeling like a cog in the wheel and start seeing yourself as the driver, not the passenger. Your company shoulders the big financial risks—providing you with the product, the brand, the support. But you own your market, solve the problems, and build relationships that turn into revenue. You own your time and results. That’s the entrepreneurial mindset. Creating Your Personal Buisness Plan Starts With A Vision To create your personal business plan, you start your vision. Where do you want to be a year from now? What do you want to accomplish in your territory or area of responsibility? What income do you want you earn? What awards do you want to win? What does winning look like? Define it. Get crystal clear. Then think about your values. What do you stand for? What kind of impact do you want to make? What kind of relationships do you want to build? How will you show up for your clients, team members, and company every single day? Once you’ve nailed this down, put your strategy in place. Break your territory into logical quadrants so that you know where you’ll be investing time each day. Identify the industry verticals that have the highest potential. Pinpoint your ideal customers. Segment your prospects and customers into High Potential, Medium Potential, and Low Potential. Create a list of your top ten dream accounts, 25-50 conquest accounts, and 100-500 high potential and medium potential targeted accounts. This will help you attack your territory with a targeted vs random approach. Identify your key competitors and do an analysis of each of their strengths, weaknesses, opportunities and threats. Then do the same for yourself. Define your daily battle rhythm, disciplines, and activities that drive pipeline growth. Get intentional about your priorities and how you manage your calendar. After all, time is your greatest asset and as the CEO of you, your time is money. Once you have clarity on your vision and strategy, get granular. A vision without action is just a fantasy. Break Your Personal Business Plan Into Small Steps to Success Break your plan down into achievable goals. I’m a fan of activity-based metrics because you can control them. This is about setting standards that become non-negotiable habits. The key is to choose metrics that move the needle on revenue and are fully within your contro You can’t always control who picks up the phone or who says yes, but you can control how many doors you knock on, how many calls you make,
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    12 mins
  • Connecting with Craft Beer feat. Kirk Richardson

    Connecting with Craft Beer feat. Kirk Richardson
    Dec 12 2024
    In this episode of The Sales Gravy Podcast, Jeb Blount, Jr. welcomes Kirk Richardson, author of Craft Beer Country, to dive into the world of craft beer, exploring trends, challenges, and the rise of IPAs. Discover how the craft beer industry has blended innovation and tradition to become a cultural phenomenon. Key Takeaways: – Resilience in Craft Beer Market: Despite challenges in the beer industry, craft beer gained a 13% increase in market share in 2023, weathering the storm better than large-scale breweries. – Significance of Hops: Hops, a core ingredient in beer, play a vital role in flavor, aroma, and shelf life. Varieties include aroma, bittering, and dual-purpose hops, each contributing to unique brewing profiles. – Historical Roots of Sours: Sour beers trace their origins to Belgium, where open fermentation with wild yeast created distinctive flavors, making them one of the oldest beer styles still enjoyed today. – Seasonal Beer Preferences: Beer choices often align with the seasons, with lighter options like sours and lagers favored by many in warmer months and darker stouts and porters during colder seasons. – Challenging Stereotypes: While there is often some misconception around craft beer enthusiasts, the craft beer experience is accessible and welcoming, offering something for everyone regardless of expertise. – Cultural Significance of Brewing: Brewing dates back thousands of years, with craft beer continuing traditions like those of ancient Egypt, where beer was used as both sustenance and currency. – Breweries as Social Hubs: Breweries cater to diverse personalities, providing spaces for extroverts to socialize and introverts to enjoy solitude, fostering connections and memorable experiences. – Storytelling in Craft Beer: The industry thrives on the stories of its people, from the challenges of sourcing ingredients to the inspirations behind unique brews, enriching the craft beer community. – Navigating Supply Challenges: Craft brewers often face supply chain hurdles, particularly in sourcing specific hops, yet their creativity and adaptability in dealing with these issues are often what drive the industry forward. – Craft Beer’s Universal Appeal: With its wide range of styles and flavors, craft beer continues to bring people together, celebrating diversity in taste and creating lasting bonds through shared experiences. https://youtu.be/r_7XsernY7Y?feature=shared The Role of Craft Beer in Modern Culture Craft beer holds a unique place in today’s beverage market, offering a blend of tradition, innovation, and community. With its roots deeply embedded in history and its appeal growing across diverse audiences, craft beer has become more of a cultural experience than just a drink. Craft Beer’s Market Growth and Resilience The beer industry has faced significant challenges in recent years, from shifts in consumer preferences to economic pressures. Despite this, craft beer has demonstrated resilience, gaining a 13% increase in market share in 2023. While larger breweries have struggled, craft beer’s ability to innovate and connect with its audience has allowed it to thrive. The Essential Role of Hops Hops, one of beer’s four primary ingredients, are integral to the brewing process. They contribute to the beer’s flavor, aroma, and longevity. Brewers use different types of hops (ex. aroma, bittering, and dual-purpose) to craft a wide range of styles. However, the supply chain for hops can be unpredictable, with shortages and oversupply cycles creating challenges for brewers. A Historical Perspective on Sour Beers Sour beers, one of the oldest styles of beer, have a storied history dating back to Belgium. These beers were traditionally made through open fermentation, allowing wild yeast to develop their signature tart flavor. Today, sours remain popular for their unique taste and connection to brewing’s historical roots,
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    1 hr
  • Sell More With This Year End SMB Closing Tactic

    Sell More With This Year End SMB Closing Tactic
    Dec 10 2024
    Learn how to sell more at the end of the year by helping small and medium-sized businesses (SMBs) reduce their tax bill while making strategic investments in their company on this Money Monday episode of the Sales Gravy Podcast. If you’ve been looking for a way to hit or exceed your annual quota, qualify for President's Club, or simply earn a bigger paycheck or bonus, focusing on SMBs in the final weeks of the year might give you the edge you need. SMBs are Motivated to Reduce Taxes In the United States there are millions of SMBs and the vast majority of these businesses are what we call pass-through organizations for tax purposes. This means that the owners or partners in these businesses report the profits on their personal tax filings. Unlike big companies, small companies don’t have the luxury of rolling profits over to the next year. So whatever they made this year, they have to pay taxes on. As the calendar winds down SMB business owners are often motivated to invest in products, services, and software solutions in order to reduce taxable income. In other words, if a business has shown strong profits throughout the year, its owners might be keen to spend some of that money on improving their operations, expanding their capabilities, or streamlining their processes—right now—rather than hand over a large chunk of their profits to Uncle Sam come tax season. Business Owners Hate Paying Taxes To understand why this year-end period is so critical, let’s get into the mindset of a small or medium-sized business owner. Unlike large enterprises with multiple departments and complex accounting strategies, SMB owners are often personally invested in the company’s financial results because those results are essentially their income. It’s how they pay their mortgage and put food on the table. For this reason, they watch their revenue and expenses closely. As the year comes to an end, they’re looking at their bottom line and thinking about the upcoming tax bill. For many of these business owners, profit is a double-edged sword. Don’t get me wrong, they want to make a profit. But at some point, too much profit triggers a much higher tax bill. If there is one thing I know about small and medium sized business owners its that they hate taxes. They are always looking for ways to legally minimize their tax liability. One easy and productive way to do this is to make fully or partially depreciable investments in the business before December 31st. That could mean buying new equipment, software, training packages, or services that will not only improve the business long-term but also reduce taxable income for the current year. An Urgent Need to Spend As a salesperson, the key takeaway here is that your prospects have a natural, time-bound incentive to spend. If you can position your product or service as the right investment at the right time, you might find it easier to close those deals that seemed just out of reach during the rest of the year. And by the way, if you are dealing with decision-makers who are pushing off decisions to next year, this is a great way to get past that objection. Framing Your Business Case I want to be clear though that most businesses are not going to spend money for the sake of spending money. Savvy business owners want to reduce taxes and do the right thing for their company. Therefore, you can’t just be transactional. You still must follow the sales process and build a bridge to the value of tax savings AND business improvement when making your business case. It’s all about framing your product or service as a strategic investment rather than a mere expense. For example: If you sell software tools that improve operational efficiency, make the case for how your solution will help them save on labor costs, reduce errors, and streamline workflows. If you’re selling advertising, highlight how a year-end launch of a new campaign will lead to immediate result...
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    12 mins
  • How to Blend AI Automation with Human Connection in Sales feat. Keith Peiris

    How to Blend AI Automation with Human Connection in Sales feat. Keith Peiris
    Dec 5 2024
    In this episode of The Sales Gravy Podcast, Jeb Blount interviews Keith Peiris, CEO of Tome, to discuss how AI is transforming sales, from prospecting and building lists to crafting personalized emails and uncovering hidden opportunities. Key Takeaways: – Understanding Strategic Alignment is Key: Successful enterprise sales go beyond impressing with technology. It is essential to understand a prospect’s business strategy and align solutions with their key initiatives. – Effective Discovery is More Important than the Demo: Sales success hinges on understanding what the prospect cares about and tailoring the conversation around their needs. – Vetting Opportunities Saves Time and Resources: It's not enough to have an excited champion. The real question is whether the solution aligns with the company’s strategic goals and can gain executive buy-in. – Develop a Point of View (POV) Before Outreach: Instead of waiting for a meeting, develop a POV on why a prospect needs your solution and use that to guide outbound efforts. – Human Relationships Still Matter Most: AI can accelerate research and help craft messaging, but building trust and making prospects feel understood and valued remain the most consistent predictors of sales success. – Outbound Prospecting Must Be Consultative: Hunting effectively requires approaching prospects with a well-researched, consultative mindset rather than relying solely on automated, impersonal outreach. – Over-automation Leads to Diminished Trust: Prospects can easily detect AI-generated emails, and overuse of automation can lead to being blocked by potential clients. – Sequencing Tools Must Be Used Thoughtfully: Sequencing tools are valuable when used for multi-touch, multi-channel strategies, but they should complement, not replace genuine human outreach. These tools can be effective if used for synchronous and strategic touches, like personalized emails, calls, and handwritten notes. – Slow Prospecting Wins: AI has accelerated email prospecting, but the resulting automation flood has led to blocking and decreased trust. Personalized, thoughtful prospecting, where each touchpoint is meaningful, stands out, and builds credibility. – Sales Leaders Are Banning AI-Generated Emails: Sales leaders are increasingly banning AI email tools and automated SDR platforms due to the damage they cause to domain reputation and customer trust. Thoughtful, human-crafted communication is becoming a necessity. https://www.youtube.com/watch?v=nIsMpNvHYqo The Balance Between Technology and Human Connection The sales industry has evolved significantly over the past few years, and a major driver of this change is artificial intelligence (AI). Tools that automate prospecting, communication, and customer insights have become a standard part of the sales process. While AI offers immense advantages, it's not a magic bullet. Success in sales still requires a balance between leveraging technology and maintaining human connection. As companies race to adopt AI-powered tools, many salespeople have fallen into a common trap: over-automation. The temptation to let AI handle everything, from prospecting to follow-ups, is strong. After all, these tools can send hundreds of emails, automate responses, and even draft messages that mimic human speech. However, over-reliance on automation has led to new challenges. The Pitfalls of Over-Automation One of the biggest issues with over-automation is the flood of generic, AI-generated emails and messages. These communications often lack personalization and fail to connect with prospects on a meaningful level. The result? Prospects are increasingly blocking or ignoring automated outreach. In some cases, entire domains are being flagged as spam, cutting off communication entirely. Sales leaders are starting to recognize the dangers of this trend. Many have banned the use of AI-generated emails and automated outreach tools altogether.
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    51 mins
  • The Unused Budget Strategy to Sell More at the End of the Year

    The Unused Budget Strategy to Sell More at the End of the Year
    Dec 2 2024
    In this episode of the Sales Gravy Podcast, I highlight a key sales opportunity as we approach the final stretch of the year. There is no doubt that this has been a strange year, right? With the election, inflation, and so much uncertainty a lot of businesses held back on spending – even though, as a whole, the economy was pretty good. Now that the election is over, these same businesses have a budget left over that they need to spend before the end of the year. Buyers are in a Good Mood The good news is the executives and owners who run these businesses are suddenly in a very good mood. Over the past few weeks, I’ve been in multiple states and cities asking business leaders how they are feeling now that the election is over. The responses have been overwhelmingly positive. People are feeling good. Many are enthusiastic about the economy. Most tell me that their sales are up following the election. How to Look for Unused Budget With a Simple Question I’ve also had my sales team calling our customers and asking specifically about the unused budget that needs to be spent by the end of the year. The strategy is working. We have the largest pipeline we’ve had in years and have inked more big deals in the last three weeks than we have in the last three months with more to come. Last week, I was out with a field sales rep, and we called on one of his large conquest accounts. The rep was frustrated because every proposal he’d given them had stalled in the pipeline. He said, “I just can’t get them to pull the trigger and make a decision.” Before walking in I coached him to ask his contact, “How do you feel about business now that the election is over?” After asking this question, his contact, the director of operations lit up—business was booming he said. Many of his customers who’d had their hands tied by budget constraints were now spending. Four hours after our visit the contact called to say that his boss had given him a budget to spend by the end of the year and placed an order for almost a million dollars. Prime Time for Unused Budget So here’s the deal: if you’re in sales, now is prime time. What you need to do is pick up the phone, call your existing customers, your inactive customers, and even your closed/lost deals from earlier this year, and simply initiate a conversation. So, here’s the moral of this story. If you’re in sales or a business owner, now is the time to reach out to your customers. Engage them in a dialogue about how they’re feeling post-election, and find the money that's out there and needs to be spent by the end of the year. Keep it Simple Don’t overcomplicate this. Initiate the conversation by asking about their post-election outlook. This will naturally lead to discussions about their immediate needs and leftover budget and how your product, service, or software can help them utilize their remaining budget effectively. Move fast because the clock is ticking. Once this year is over, today’s leftover budget will be gone forever. ACE your next sales conversation with our FREE guide to buyer communication skills. Download Here
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    4 mins
  • Kristie Jones’ Secret Weapon For Sales Success

    Kristie Jones’ Secret Weapon For Sales Success
    Nov 21 2024
    In this episode of The Sales Gravy Podcast, Jeb Blount Jr. sits down with sales guru Kristie Jones as she shares her secrets to success, including powerful mindset shifts and strategies to unlock your full potential. Key Takeaways: – The Importance of Positivity in Decision-Making: Positive decisions about entering a sales role, rather than trying to escape a current job, can lead to more fulfilling outcomes. Sales success often comes when you're focused on going toward something, not just getting away from something else. – The Power of Financial Transparency: Open conversations about money and commissions lead to better financial decisions. Early exposure to financial planning, like saving for retirement, gives a long-term advantage in wealth-building. – Understanding Your Sales Superpower: Knowing yourself is key to excelling in sales. The first step is to identify your sales superpower—your unique strength that sets you apart in the sales process. Once you understand this, you can match it to the right product, industry, and role. – Self-Awareness is Crucial: True self-awareness, including recognizing strengths, weaknesses, and natural abilities, is critical in achieving success. You need to ask yourself and others about your strengths to identify your superpower, which helps guide career decisions. – Leveraging Your Secret Weapon: A secret weapon is a strategy or skill that, while not always obvious, can turn the tide in a difficult situation. It’s the “ace up your sleeve” you can use when you need to close a deal, much like leveraging your unique strengths at the right moment to get results. – Leveraging Your Strengths: Focus on identifying and doubling down on what you're naturally good at, especially in negotiations and closing deals. Emphasizing your strengths allows you to excel in areas where others may struggle. – Mindset Matters: A positive mindset is crucial for success. Self-talk plays a significant role in shaping this mindset. Avoid statements like "I'm bad at sales" or "I'm not a good negotiator" and instead focus on positive actions, such as "I made a mistake, but I'm not a failure." – Challenge Negative Self-Talk: Negative self-talk is natural but can be countered. Recognizing when it's happening and replacing it with affirmations or positive phrases like "I'm the winner" helps refocus your mind and combat doubt. – Visualization for Success: Mental visualization is a powerful tool for success. Visualize achieving your goals—whether that's winning a tennis match or closing a deal. This helps your brain work towards these outcomes even when you're not actively working on them. – Proactive Career Management: Don't be reactive about your career. Be proactive, conduct research, and approach potential employers with a tailored message, showing why you're the right fit even when no job is advertised. This sets you apart from others who take a more passive approach. – Intentional Job Search: Treat your job search like a search for a life partner, not just a "job." A career should align with your long-term goals, and you should actively seek out companies and positions that match your vision. A more intentional, tailored approach is more effective than just applying everywhere. https://www.youtube.com/watch?v=laJlmjse754 Negotiation: A Key to Unlocking Opportunities Negotiation is often seen as a key skill in sales, and rightfully so. However, what if negotiation could be viewed as a superpower, a tool that could unlock countless opportunities and elevate one's sales game? In many ways, getting an appointment or making the initial connection is already a negotiation in itself. By shifting the mindset to view negotiation as a strength, it opens up a world of potential. Instead of focusing on weaknesses, one can use what they excel at to create better outcomes in sales. This mindset can be incredibly powerful, particularly in a competitive field where every advantage...
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    40 mins
  • Sales on the Rocks feat. Patrick “Pops” Garrett

    Sales on the Rocks feat. Patrick “Pops” Garrett
    Nov 14 2024
    In this lively episode of The Sales Gravy Podcast, Jeb Blount welcomes Patrick "Pops" Garrett, Founder & Chief Drinking Officer of DrinkCurious, to explore the unique intersection between bourbon tasting and sales engagement. Key Takeaways: – Virtual Tastings as Sales Hooks: Virtual bourbon tastings became an effective "hook" to attract attendees to sales demos, webinars, and client meetings, increasing engagement and helping to break through typical sales communication noise. – Engagement and Word-of-Mouth: The interactive and educational nature of DrinkCurious’s tastings fostered memorable experiences that spurred word-of-mouth promotion, leading to increased client requests. – Holiday and Retention Use: Drink tastings are popular not only for prospecting but also for employee rewards, client retention, and holiday gifting, with options for virtual events that clients can record and revisit. – Bourbon as Cultural and Historical Icon: DrinkCurious incorporates bourbon’s cultural history into tastings, educating participants on bourbon’s evolution, production, and how it has influenced American culture over decades. – Gamification in Tastings: To increase engagement, DrinkCurious includes gamified elements where clients guess the bourbon or earn rewards, which can further connect the tasting to the client’s sales objectives. – Event Flexibility: DrinkCurious provides both virtual and in-person tastings, including options for trade shows, private gatherings, and post-conference events, accommodating various client needs. – Building Client Connections: Tastings help establish rapport between clients and sales teams, providing a memorable, relationship-building experience that offers a strong foundation for ongoing conversations. – VIP and Exclusive Gatherings: DrinkCurious organizes exclusive, high-end tastings for VIP clients, offering a tailored, premium experience that enhances client relations and creates unique business opportunities. https://www.youtube.com/watch?v=XdxWUVM0fDE The Power of Experience Sales teams today face an ever-increasing challenge to capture the attention of their clients and prospects. In a world filled with automated emails, digital advertising, and competing messages, it’s easy for outreach to get lost in the noise. DrinkCurious, a unique company specializing in bourbon tastings and whiskey experiences, has found a way to break through this clutter. Founded in early 2021, DrinkCurious uses virtual and in-person bourbon tastings to help sales teams engage with clients in a memorable, personal way. By blending education, entertainment, and a bit of gamification, DrinkCurious provides a creative, impactful solution to the challenges of modern sales outreach. Origins of DrinkCurious DrinkCurious originated as a bold step from its founder, who left a traditional advertising career to pursue something he was passionate about: whiskey. With a mission to create deeper, more meaningful interactions between companies and clients, he developed a strategy to use bourbon tastings as a hook to draw in clients and keep them engaged. These tastings are more than just sampling different spirits—they’re interactive experiences that teach clients about the history, culture, and science behind bourbon. By helping people understand the product, DrinkCurious creates a shared experience that builds rapport and leaves a lasting impression. The Virtual Tasting Solution One of DrinkCurious’s primary offerings is the virtual tasting, which became a popular option during the pandemic. Many companies were looking for new ways to engage clients when in-person meetings and events weren’t possible. The virtual tasting quickly became a solution to this problem. By offering clients and prospects a fun, interactive experience that could be enjoyed from anywhere, DrinkCurious helped sales teams keep relationships strong even during a time when in-person interactions were limited.
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    1 hr and 31 mins
  • From Hustle to Leadership: The Journey in Sales and Staffing feat. Andy Matheou

    From Hustle to Leadership: The Journey in Sales and Staffing feat. Andy Matheou
    Nov 7 2024
    In this episode of The Sales Gravy Podcast, Jeb Blount sits down with Andy Matheou from RHM Staffing to dive deep into the challenges and triumphs of selling in the staffing industry. Andy shares his journey from individual contributor to a leadership role, offering invaluable insights on hustle, resilience, and the unique demands of staffing sales. Key Takeaways: – Early success in sales can be attributed to a strong work ethic, with long hours and dedication playing a significant role in career growth from sales contributor to leadership roles. – Competitiveness and resilience are essential traits in both sales and personal life, helping individuals push through challenges and setbacks. – The staffing industry presents unique challenges, as selling intangible services such as staffing solutions requires resilience and the ability to manage client skepticism. – Transitioning from an individual contributor to a leadership position often involves a shift in focus, prioritizing team success and development over personal financial gain. – Successful leadership requires setting aside personal ego and prioritizing the success of the team, with the focus on empowering others rather than seeking individual recognition. – A strong sales team culture is built around humility and mutual respect, where talented individuals support one another and work collaboratively toward shared goals. – Cold calling and consistent outreach are crucial strategies for success in sales, helping to gather information about decision-makers and open doors to larger deals. – Securing large accounts is often the result of thorough groundwork, including mapping out stakeholders and targeting the right individuals through persistent outreach. – Trust in the sales process and discipline in following proven methods are critical factors for long-term success in sales, especially for those new to the field. https://www.youtube.com/watch?v=8KVaLlF-UbE The Importance of Hard Work in Sales Success in sales often begins with hard work. Putting in long hours and demonstrating a strong work ethic can lay the foundation for career growth. Early in a sales career, working weekends, making countless cold calls, and attending numerous meetings is essential. Hard work helps develop resilience and stamina, which are critical in the competitive nature of sales. In many cases, individuals who start as contributors in sales work their way up to leadership roles by consistently showing dedication to their work. The early success they achieve is often a result of their tireless efforts, setting the stage for future career advancements. Resilience and Competitiveness Drive Success Sales is not an easy field. There are frequent setbacks, rejections, and obstacles to overcome. A key factor that helps individuals succeed is their resilience and competitiveness. In both personal and professional life, being able to handle challenges and bounce back after failures is essential. Resilience allows sales professionals to learn from their experiences and adjust their strategies. It helps them stay focused and motivated, even when facing tough markets or challenging clients. Competitiveness pushes individuals to keep improving, always striving for better results. Navigating the Challenges of Selling Services In certain sectors, such as the staffing industry, selling services can present unique challenges. Unlike tangible products, services like staffing solutions can be harder to sell. Potential clients may be skeptical about the value of intangible offerings, and building trust becomes a critical part of the sales process. This requires a combination of patience, persistence, and the ability to manage client expectations. Understanding the specific needs of each client and effectively communicating how a service can solve their problems is crucial. Success in these industries comes from learning how to sell the intangible.
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    46 mins