By Mike Schultz and John Doerr
Recently, we presented to a group of firm leaders across a range of service areas on how to sell professional services. During the Q & A session, one leader of an engineering firm asked, “This is all great stuff, but how do you get them (my engineers) to sell? I mean, I have tried everything, but they still would rather do just about anything but sell.”
Well, short of walking around with a large stick and a menacing attitude, we suggest you will inspire more of the professionals in your firm to sell by helping them get into the right frame of mind to become a rainmaker. It is not just a question of telling them to go out and sell; you need to take care of the following six areas to get the activity you want.
1. Set Expectations: The Gallup Organization – fond of polling – has asked thousands of people across companies to answer this question, “Do I know what is expected of me at work?” On average, 40% of those polled don't. If you think that's high, you should see how many would-be rainmakers know (or rather, don't know) what's expected of them by their firms regarding business development.
In our experience, not many know what they are supposed to do. Sometimes, they might know their revenue goal, but not what they need to do every day to achieve it. Some know they are "expected to network", "expected to make calls" or "expected to spend 15% of their time on business development", but rarely do they know what they need to do in order to make it all add up to increased new client opportunities.
2. Provide the Necessary Tools and Resources: When it comes to business development, rainmakers need the right resources to be able to find and win new clients. Sometimes they need more time to do it; sometimes they need an expense account. Maybe they know they're supposed to develop business, but nobody's built them a list of appropriate businesses and managers to target.
It is possible they do not have the right marketing or sales collateral materials to help them sell. One rainmaker may need to bring a technical guru along to represent a specific expertise of the firm…but that technical guru can't afford to lose the billable time. Others may need a coach to guide them through those sticky sales situations.
Whatever the need, rainmakers need the right level of resources in order to find and win new clients.
3. Articulate Rewards…and Consequences: It's strange; some service firm leaders rush to add incentive compensation to inspire professionals to sell, while others vehemently resist compensation adjustments. Incentive compensation, built correctly, can significantly influence rainmakers to find more new clients.
Rewards need not be simply additional money. Celebrating those who bring in the new clients as much as those who bill hundreds of hours will go a long way towards letting the entire firm know what you value.
On the other hand, monetary incentives and “atta-boy” encouragement, while necessary, is not sufficient. Even those service firm leaders who do institute incentive compensation plans rarely state (or, if they do state, act on) any negative consequences of not hitting client development goals.
If you provide no incentive compensation, the resulting attitude will be: "Why should I sell? I need to bill anyway."
If there are no consequences for not selling, you most likely will hear: "Well, I guess I'll try, but what's the worst that will happen if I don't succeed? They are not going to do anything about it."
4. Show Them How: Have you ever been on a business development meeting with a newbie running the show, while you just sit back along for the ride? How does the newbie seem? Confident in her abilities? Comfortable that she'll win the new client?
And how does she fare running that first meeting? Does she talk the right amount? Ask the right questions? Follow the well-worn protocols of first-time business discussions? How's her body language…confident and relaxed?
Provide your rainmakers with the needed skills and knowledge in order to find and win clients. With the right skills, they can walk the client through the new business development process with savvy, ease, and confidence. With the right knowledge, they can ask the right questions and craft the right service set for the client.
(Unfortunately, many professionals won't admit any lack of confidence, and so they never deal with their anxieties and move their careers forward.)
5. Assign the Right People: Have you ever seen someone fail in a business development role, when almost anyone (but the hiring manager) could have predicted that this person was not the right fit for the job? Sometimes, there are different business development roles that people have to play: one person is the technical expert, one is the lead developer, and one is the big-time closer. Whatever the case, you need the right people in the right business development roles.
For example, you may have selected someone in your firm who is going to be a great rainmaker: they are ready for strong relationships, ready to bring the solid new clients into the firm. But don't assign them to the cold calling. They simply shouldn't (and often won't) succeed at it…it's not the right fit. Make sure you are asking the right people to do those things at which they have a chance to succeed.
6. Examine their Motivation: Let's say you put in motion the other five activities mentioned here. Expectations are clear. Resources are available. Compensation plans are set. The skills are in place. The right people are in the right jobs. All of this is great, and necessary, but you still need rainmakers with the fire in the belly.
You need to find out if the people you have on board and the ones you hire have the focus and drive to be successful in business development. If they're not motivated to build a practice, there's little a firm can do to light the fire of focus and drive.
If there is no motivation to sell, you end up with a scenario much like this one:
- 9 AM already…time to start working. 5 PM already…time to go home!
- Look at all the money I can make! Too bad I don't care about money.
- They've trained me…they're paying me…they told me what to do. Unfortunately, I just don't want to. It's not for me.
Sometimes you have to accept the fact you do not have people who will go out and make it rain. If you can grow your firm and be successful without everyone selling, then fine. But if not, you are going to have some tough decisions ahead of you about how you are going to grow your firm (with or without those who have no inclination to help).
So the next time someone in your firm asks, "How do we get them to sell?" use the list above to evaluate your current situation and the rainmakers-in-training, and you will be well on your way.
YOU CAN LEAD A HORSE TO WATER BUT YOU CANT MAKE HIM SELL OR CAN YOU - To learn more about this author, visit Laurie Stafinski's Website.
Like this article? Share it with your friends
 |
Related Articles |
|
An Introduction to Trojan Horse Marketing
|
| |
Let me introduce you to a marketing principle called Trojan Horse Marketing. The reality is, when people see a marketing message or a promotion, their walls go up further.
Trojan horse marketing works in the real...
|
You Can Spoil Your Dog But Dont Ruin It
|
| |
We like to have our pets as part of our family. Barbara calls this 'humanising' the dog. But if you are not prepared to put a little regular time into doing this - the dog can rule your home and ruin your life. At...
|
Horses and Donkeys in Management
|
| |
One common folly many managements commit is they load performers with more work and leave the non performers alone. The article has been written with tongue in cheek and people should not mistake the references to a...
|
Poor Ethics Reflect Poor Business Professionalism & Potentially Poor Business Results
|
| |
Have you ever considered that not returning a phone call could be a reflection of your own personal business ethics? And possibly the lack of ethics is contributing to your poor business results? Learn what dead hor...
|
Alpha Leadership
|
| |
Having read the Alpha Leadership website but not the book and having read and heard about the work of Robert Dilts, I have to admit that I was very keen to see Dilts in action, but less clear about what Alpha Leader...
|
 |
Related Businesses - Evan Elite Authors |
|
Kim Castle
With nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation.
BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them?
If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
|
Vwodek Wojczynski
Business Coach and Consultant Vwodek Wojczynski (pronounced Voy-chin-ski) brings fun, awareness, accountability and fresh perspectives based on his diverse experiences in life and business.
Born in Poland and educated in Greece and Canada, he is trilingual with 8 years experience in business development with clients in Canada, USA, Switzerland and Poland.
His approach is systematic and process-driven. He fuses the know-how of proven business methods with his commitment that entrepreneurs experience satisfaction and joy based on their values, motivations and strengths. He believes that businesses succeed based on their ability to generate value by providing what’s needed and wanted.
Ultimately, he trains executives and true business owners - people who work less, produce more, own businesses that run automatically after a while and make a difference globally.
His current research focus is the development of intelligent business systems and the application of emerging artificial intelligence technologies in business.
He is also an avid traveler, spoken word performer and visual artist. He resides in Toronto, Canada. - Visit Vwodek Wojczynski's Website |
|
George Ludwig
George Ludwig is a recognized authority on sales strategy and peak performance psychology. An international speaker, trainer, and corporate consultant, he helps clients like Johnson & Johnson, Abbott Laboratories, Northwestern Mutual, CIGNA, and numerous others improve sales force effectiveness and performance.
Though it's George's strategies and processes that help corporations increase productivity and performance, it's his tremendous energy and dynamism that spark the transformation. Again and again, clients remark on his amazing ability to unleash human capacity and inspire men and women to break out of their comfort zones. The result is a whole new type of salesperson.
His customized presentations teach achievers to make stunning advances in their lives. From helping salespeople realize cherished dreams to helping corporations exponentially accelerate revenue streams, George Ludwig leaves audiences and individuals empowered, emboldened, and clamoring for more.
George is the best-selling author of Power Selling: Seven Strategies for Cracking the Sales Code and Wise Moves: 60 Quick Tips to Improve Your Position in Life & Business. - Visit George Ludwig's Website |
|
The Evan Elite Authors program is currently in beta phase. For details please contact us.
|
|
|
Laurie Stafinski
(Visit Laurie's Website)
These articles are provided by the experts
at RainToday.
com, the premier online source for
insight, advice, and tools for growing
your service business. RainToday.com’s
offerings include: articles; interviews;
research; premium content, interviews, and
tools; webinars, seminars, and
conferences; and Rainmak
er Report, our free weekly
e-newsletter read by over 37,000
professional services marketers, business
developers, leaders, and practitioners.
|
|
|
|