Thursday, 31 January 2019

Seth's Blog : Are you selling to a professional or an amateur?

A professional is going to buy from someone like you. They're going to have a process to review the process, a method, an experienced approach to obtaining what they need. A professional isn't going to think she can do it herself and isn't going ...

Are you selling to a professional or an amateur?

A professional is going to buy from someone like you. They're going to have a process to review the process, a method, an experienced approach to obtaining what they need. A professional isn't going to think she can do it herself and isn't going to make it an emergency.

An amateur, on the other hand, may or may not follow any of those principles. An amateur is comparing you to what? A miracle? To free? To something in between?

Professionals run the procurement process at Pottery Barn. Amateurs buy a new house every fifteen years. Professionals buy from other professionals. Amateurs ask friends for advice.

At scale, a large company in B2B selling has a multi-year approach to finding and working with professionals. Many talented soloists often can't afford to work as patiently and so they often are exposed to amateurs.

It’s okay to sell to amateurs, but one should do it with open eyes.

When you don't get the gig, it's not because of something you did wrong at any particular meeting with an amateur… the mistake might simply be that you're having these meetings with amateurs at all. Or that you’re going to amateur meetings expecting to be meeting with a professional.

There's a way to optimize the sales pitch and even better, the service itself for when you are hoping to acquire an amateur on the way up, a chance to turn him into a pro. But perhaps your frustration is that you thought he was a pro in the first place…

Different stories for different people.

  


You're getting this note because you subscribed to Seth Godin's blog. Don't want to get this email anymore? Click the link below to unsubscribe.



Wednesday, 30 January 2019

Seth's Blog : The $37,000 latte

If you live in the city and grab a coffee or a snack every afternoon for about $4, it's a vivid example of the cost of debt. You're either a little behind or a little ahead. Over ten years, if you're funding that daily purchase with ongoing credit card ...

The $37,000 latte

If you live in the city and grab a coffee or a snack every afternoon for about $4, it’s a vivid example of the cost of debt.

You’re either a little behind or a little ahead.

Over ten years, if you’re funding that daily purchase with ongoing credit card debt, at $1,000 a year, it’ll cost you $24,408.40, and you might never find the means to repay the debt.

On the other hand, if that same $1,000 went into a low-cost investment fund that paid about 7% a year, you’d end up with $13,816.45 in the bank.

That’s because interest compounds. It’s because banks like to charge more than they pay out. And it’s mostly because we’re very aware of the short-term and happily ignore the long term.

  


You're getting this note because you subscribed to Seth Godin's blog. Don't want to get this email anymore? Click the link below to unsubscribe.



Tuesday, 29 January 2019

Seth's Blog : The repetition of stories

It's not difficult to maintain a grey cloud and a sullen outlook. The event is long over, but the story remains. A proven approach is to keep repeating the narrative that led us ever deeper into this memory hole. As with a missing tooth, we probe that ...

The repetition of stories

It’s not difficult to maintain a grey cloud and a sullen outlook. The event is long over, but the story remains.

A proven approach is to keep repeating the narrative that led us ever deeper into this memory hole. As with a missing tooth, we probe that spot, over and over, examining it from all angles, again and again, in order to keep the story fresh.

On the other hand, forgotten stories have little power.

And the same approach works for a feeling of optimism and possibility. Repeating stories (to ourselves and others) about good fortune and generosity makes those stories more powerful.

What happens to us matters a great deal, but even more powerful are the stories we repeat about what happened.

  


You're getting this note because you subscribed to Seth Godin's blog. Don't want to get this email anymore? Click the link below to unsubscribe.