Reaching Out to 25+ People to Grow Our Business!

In our exciting world of sales, where every connection counts, expanding one’s network is paramount. As a merchant services sales professional , I recognize the pivotal role outreach plays in fostering growth, securing partnerships, and ultimately propelling my business forward.


Today, Let’s embark on a mission to reach out to 25 or more individuals, armed with a strategic plan to enhance our business’s visibility and foster fruitful collaborations. Join me as we delve into the significance of proactive outreach and outline an approach for today’s endeavor.

1. Amplify Networking Efforts: Networking lies at the core of the merchant services industry. By reaching out to 25 or more individuals today, we aim to amplify our networking efforts exponentially, tapping into diverse opportunities and forging valuable connections that can catalyze business growth.

2. Expanding Client Base: Each outreach presents an opportunity to introduce our merchant services offerings to potential clients. Whether it’s through targeted emails, social media engagement, or direct calls, expanding our reach enables us to showcase the value our business brings to merchants seeking reliable payment solutions.

3. Cultivating Partnerships: Collaboration is key in the merchant services landscape. Today’s outreach isn’t solely about acquiring clients but also about cultivating strategic partnerships with complementary businesses, such as software providers, financial institutions, and e-commerce platforms, to offer comprehensive solutions to merchants.

4. Educating and Informing: Beyond pitching services, outreach serves as a platform to educate and inform owners about emerging trends, regulatory changes, and best practices in the merchant services arena. By sharing insights and expertise, we aim to position our business as a trusted advisor and thought leader in the industry.

5. Driving Innovation: Engaging with diversity of different verticals fosters a culture of innovation within our merchant services business. By soliciting feedback, exploring pain points, and brainstorming solutions collaboratively, we can identify new avenues for innovation and stay ahead of the curve in an ever-evolving market.

Now, let’s delve into my strategy for reaching out to 25 or more people today:

1. Targeted Outreach: We’ll bring potential partners, and influencers, who align with our business objectives and target market.

2. Personalized Communication: Each outreach will be personalized to resonate with the recipient’s needs and interests. Whether it’s highlighting specific pain points my services address or tailoring the message to reflect mutual benefits, personalization is key to making a lasting impression.

3. Multi-Channel Approach: Leveraging a variety of communication channels, such as email, LinkedIn, social media, phone calls, and networking events, allows us to reach individuals across different touchpoints, maximizing my chances of engagement and response.

4. Follow-Up and Persistence: Outreach doesn’t end with the initial contact. follow up diligently, nurturing relationships and staying top of mind through consistent communication and value-added interactions.

5. Metrics and Evaluation: Throughout the day, Let’s track our progress, monitoring the number of outreach attempts made, responses received, and potential opportunities generated. This data will inform future outreach strategies and help refine our approach for optimal effectiveness.

As the day unfolds, Lets stay committed to making meaningful connections, exploring collaborative opportunities, and driving growth for our business.

Today isn’t just about reaching a numerical target; it’s about laying the groundwork for sustained success and positioning ourselves as a trusted partner in the merchant services ecosystem. Always remember to log your progress into a good CRM.

Join me in embracing the power of proactive outreach and unlocking new possibilities for business expansion and innovation!

Happy Selling,
David

Start The Week Off Right

We should start making Mondays our priority by doing some simple things that have a huge impact. This is tying in with me also reading Atomic Habits currently where I read about making sure we have the right systems in place.

So here are my top things for you to do on a Monday to make sure you start the week and new month off right.

Set Measurable goals:

Before you start your week, set some goals that you can measure and decide how you will measure them. When I started out, I just carried a note pad with me.  I made a list of names of all the new business owners I met.  Then I circled them if I got a statement and put a check mark next the ones I sold.  This is an easy way to see your progress each week.

In the merchant services industry you should have three goals:

-How many new business owners will I meet this week?
-How many statements will I obtain?
-How many deals will I close this week?

*Also, you might decide to spend some time building your online presence, joining a local business owners group, or some other activity which doesn’t take a lot of your time but will help your business long term.

Be Your Own Boss:

When people say they want to be their own boss, this seldom means they actually want to boss themselves.  Usually this statement means “I don’t want anyone to be my boss.”  If you really want to be your own boss, do these three things which every boss does:
-Have a set work schedule.  Make sure your friends and family know you still have a boss to whom you report…YOU!
-Have times each week when you “meet with yourself” to go over your progress towards your goals.
-Have a budget for business expenses and stick to it!

Decide to Stop Deciding:

Too many agents make succeeding impossible because they are constantly deciding whether or not they will remain committed to their business.  Make a long term commitment, and then stop deciding.  Stop asking these questions:
-Should I be looking for another job?
-Should I consider switching to another processor?
-Am I really a good sales person?
-Do I know enough about this business to get started?

Take some time right now to nail these things down and decide when you will allow yourself to reconsider them.  If you do this, your mind will be clear of doubt and ready to focus on the week ahead!

Happy Selling,

David

Friday’s TOP 10 Way’s to Improving Your Selling Skills in Only 30 Days

Today, I’m sharing 10 ways to improve your selling skills in only 30 days. These are practical things you can start doing right now.

In true David Letterman fashion,

from the home office in Terramuggus, Connecticut, here are the Top 10 TOP 10 Ways to Improving Your Selling Skills in Only 30 Days,

10. Discipline


You have to be disciplined in how you use your time and what you spend your effort on. You cannot allow yourself to be caught up in the shiny objects. You have to be disciplined to know exactly what you are going to achieve, and then be actively achieving it. Do not waste your effort; if salespeople would simply be more disciplined in how to use their time, it is amazing how much more successful they would be.

9. Consistency


This means consistency with your prospects. You cannot sit there and call some prospects once, then not call them back for six months or even a year. You have to have a consistent sales process that you are using more than anything. More than anything, I always hear people say, 

“Well, I don’t have a good plan.”

 Me: “Well, what’s your plan?”

 Them: “I don’t have a plan.”

 Well, that’s your problem! I almost say this: It does not matter what your plan is, just be consistent with it. Just be consistent. When you are consistent with your prospecting, it is astonishing how much more disciplined you are – you see how these two things really fit together?

8. Learn From Your Existing Customers


I want you to learn from your existing customers. You see, your existing customers are full of a lot of knowledge.

I want you to learn from them and be reaching out to them, even if your sales process is one where – after you sell a customer – you don’t have any more engagement. I want you to reach back out because you are going to learn from them. They are going to help tell you, show you and guide you.

7. Less is More


It’s not about having 10,000 prospects. It’s not about having 1,000 prospects. It’s really about having fewer prospects that I can spend more time on. Less is more in everything I do. I don’t need 10,000 scripts. I don’t need 10,000 emails sent out. I need four or five because less becomes more. What happens when you adopt this mindset is you become more efficient and more effective in how you use your time.

6. Tight Customer List


Here’s the thing: You do not have time to chase every opportunity out there.

If the opportunity, lead or prospect that you see does not line up with what you believe is going to be potentially profitable to you, then do not. Go. After. It.

Stay tight; I see too many salespeople just start flashing lights when they get into trouble, turning to whatever they can to try to get attention or try to fight. No, stay tight. I would much rather you have 20 prospects you are reaching out to though a consistent process with a very tight message than to be sitting there trying to chase 100, 200, 300 prospects you only reach every couple of months.

Nope, that does not work. Keep a tight customer list.

5. Be Accountable


Be accountable and show up. You have to be accountable to yourself and I want you to be accountable to somebody else. This means, very simply, you need an accountability partner who is going to help hold you accountable for your goals. This means you are sharing with them what your goals are and vice versa.

You know what’s interesting about this? As you coach them, it’s going to help you. A rising tide lifts all boats.

I want you to be accountable now, both to yourself and to your customers. When they say something, you have got to follow up with them. You have to remain engaged with them. Again, I see too many times where salespeople have an opportunity and never call. Them. Back. They never re-engage. I see more salespeople losing business because they failed to follow up on a lead fast enough.

4. Simplify


Do not make it overly complicated. We can screw up a two-car funeral pretty good.

What I want you to do is simplify your message – simplify what it is that you sell because…if it isn’t simple in your mind, how is it going to be simple to your prospects? It’s not.

Too many salespeople get desperate and want to go out and sell every tool in the toolbox. You can’t. I am going to lead with one specific tool, and I am going to zero in on it.

When you simplify, it’s surprising how much faster you’re able to move. Speed comes into play here. Now, of the 10 things I’m discussing with you today, your speed is not one of them. But what I have found is when you make it a point to do the 10 things I am walking through, you will find yourself operating much more efficiently. 

3. Grow Your Mind


You can never allow yourself to stop growing. This means you have to be saying, “How and what am I learning about my industry?”

“How and what am I learning about my customers?”

What are you doing? You have to be continuously growing. You have to take 15 minutes a day – it might be digging into a book or maybe an article pertaining to your industry. No matter what, you have to be continuously and intentionally growing your mind.

What happens? Not only do you gain more knowledge, but you also gain a tremendous amount more confidence. And, when you’re more confident, it’s amazing how much better you listen.

2. Attitude


Nothing fuels your energy more than your attitude.

If you have a bad attitude, you won’t have the energy. If you have a bad attitude, it’s noticeable how it comes across in your phone calls, your emails, on and on. When you have a bad attitude, you don’t listen as much. Your attitude drives a lot more than you would think.

And the #1 Way to Improving Your Selling Skills in Just 30 Days is …

1. Don’t Stop


Do not stop. I see too many salespeople get a little bit into the process and think, “Well, we’re not getting the traction,” and they step away. Everyone has heard the stories of salespeople giving up too early, and that is exactly what happens. If you want to be successful, don’t stop!

If you go through and do the previous nine things that I have been talking about and lastly, do not stop, I guarantee you will be more successful with your selling in 30 days or less.

Have a great weekend,

David

What are your Priorities?

Over the years, what I have found, that whatever you make a priority, you can make a success.
It has nothing to do with not having enough time. We all have the same amount of time each day. It’s all about what you make a priority. The bottom line is that you make the time for what you must have.
We all have heard that in order to succeed, you must have goals. The reality is that it goes way beyond that. Your goals have to be specific and they have to be absolute. If you truly have the desire to have great success, you must turn the “wants” into “musts”. If it’s an absolute “must”, then you will find the time to make it happen. If you need to sacrifice for something you must have, you will make that sacrifice.

Whatever the goal is, if it’s not a priority, the full commitment will not be made and you will never achieve it.

When you make it a priority, your attitude turns into “I will do whatever it takes for me to succeed.”

Now of course, I’m also speaking about doing it with integrity. Whatever you must do, you will do. If that means getting up at four in the morning and giving 100% every day, if it’s a priority for you, that’s what you will do. Success takes commitment and sacrifice.
Let’s get real now. Your life today represents all the things that you have made a priority. Unfortunately, most people settle for average.

They basically have made survival a priority. As long as they are getting by, paying the bills and doing the minimum, that’s their priority.If you’re OK with that, that’s not a problem. I truly believe that life is worth more than just being average. Make a commitment to choose not to live average anymore. Choose to do much more. Commit to being excellent.

Get rid of all excuses that are holding you back. Don’t worry about lack of education or lack of talent. Hard work will always beat talent. It’s all about how bad you want it.

The other day, I heard a young person say that you can’t make it in America anymore. I immediately told her to not buy into that lie.

There are amazing opportunities everywhere you look. If you truly believe that you can reach success and you believe in yourself, opportunities are staring at you right in your face.

All you have to do is make the commitment and go for it. Choose to make your dreams and goals a priority. Take advantage of the opportunities that come your way.
Whatever you make a priority in life, you can make a success! How about you, what are your priorities? What are your “musts”? You do have the time to achieve these priorities. Why?

Because, you will make time for the things that are a priority to you. Write out your priorities today, and next to them write out “I MUST………….” Put together a plan and then go for it. If it’s a priority, you will make it happen. Make your life a priority. Make your success a priority. Make living a healthy lifestyle a priority. Make the decision to be awesome at what you do a priority. Now is the time to get your priorities in order.

Happy Selling,

David

Discipline

Discipline yourself daily To be victorious in life, it all comes down to discipline. Long-term success comes from daily discipline over a period of time. Happiness, success, and fulfillment stem from focus and self control.

Studies show that people who possess self discipline are much happier in life. With discipline and self-control, we actually accomplish more of the goals that we are passionate about. Self-discipline is the bridge between defined goals and goals that are accomplished.

Now, we are not born with self-discipline. It is a learned behavior. Self-discipline requires daily practice and repetition. It must become a habit. Work on building your self-discipline through a daily commitment that’s associated with your goal.

You must have a success plan. This should be written down where you can see it daily.. The daily disciplines will get you out of your comfort zone every day. It is important to have a clear vision of what you truly want to accomplish.

You must understand what success means to you. If you do not know exactly what your goals are, it will be too easy to get sidetracked. Make sure that your goals are very specific. Start out by creating new habits and daily rituals. Keep it simple. Break your long-term goals down into small daily steps. Focus on doing one thing consistently, and that’s how you will begin to master self-discipline.

Take baby steps, and after a while, your mindset and behavior starts to shift. Once you begin progressing, consistently add more short term goals to your list. Keep in mind, as you begin the new habits of daily disciplines, you will have ups and downs. You will have failures. The key is to keep going no matter what. Learn from your mistakes and don’t get down on yourself. When you fall, get back up and keep executing. Failure is part of the process.

Surround yourself with accountability partners and mentors. Do not be a lone ranger on this discipline journey. Find the people who are where you want to be in life. Be with the ones who are going to encourage you and help you to stay focused. It’s important to develop self-discipline daily. This is what enables us to do high-quality work. It helps us to continue to pursue our goals even through difficult times.

Self-discipline is the key differentiator between people who are successful in life and those who are not. This is your time. You have big dreams inside of you. Practice the daily disciplines, and never give up!

Now go out and make it happen! 

Happy Selling,

David

The Perception Of A Salesman

We as salespeople, find ourselves facing a pervasive challenge—the negative stereotype that surrounds our profession.

Many people harbor a deep-seated aversion to salespeople, fueled by a range of preconceived notions and fears.

In today’s post let’s delve into the reasons behind the widespread disdain for salespeople, explore common stereotypes associated with them, unravel the fears that customers commonly experience, and ultimately, discuss how we can transcend these barriers to build trust with our prospects and clients.

The Stereotype of a Bad Salesperson:

Aggressive Tactics:

One of the most enduring stereotypes about salespeople is their perceived aggression. The pushy salesperson, who relentlessly pursues potential customers and employs high-pressure tactics, has become an emblem of the industry. Many individuals have encountered salespeople who seem more interested in meeting quotas than genuinely addressing customer needs.

To overcome this stereotype, salespeople must recognize the importance of a customer-centric approach. Instead of focusing solely on closing deals, successful sales professionals prioritize understanding the customer’s requirements, offering tailored solutions, and fostering long-term relationships.

Lack of Authenticity:

Another prevailing stereotype is the perception of salespeople as inauthentic or insincere. Customers often feel that sales professionals prioritize their own interests over those of the client. This lack of authenticity erodes trust and makes customers skeptical of sales interactions.

Salespeople can counter this stereotype by fostering authenticity in their approach. Being genuine, transparent, and honest builds credibility and fosters a connection with customers. By demonstrating a commitment to transparency and ethical practices, salespeople can dispel the notion that they are solely driven by commission-based motives.

Overpromising and Underdelivering:

The age-old adage of “underpromise and overdeliver” is frequently ignored in the world of sales, contributing to a negative perception of salespeople. Customers may have experienced instances where promises made during the sales process were not fulfilled, leading to disappointment and distrust.

To combat this stereotype, sales professionals must set realistic expectations and ensure that they can deliver on their promises. Honesty about product limitations and potential challenges fosters trust and demonstrates a commitment to customer satisfaction.

Common Fears Associated with Salespeople:

Fear of Manipulation:

Many individuals approach sales interactions with a fear of being manipulated into making a purchase they later regret. This fear is rooted in the perception that salespeople use persuasive tactics to exploit customers’ vulnerabilities.

Salespeople can alleviate this fear by adopting a consultative approach. Rather than pushing products, they can focus on understanding the customer’s needs and providing tailored solutions. By positioning themselves as advisors rather than salespeople, they can build trust and assuage fears of manipulation.

Fear of Rejection:

Customers are not the only ones with fears; salespeople also grapple with the fear of rejection. The constant pressure to meet targets and the possibility of facing rejection can lead to aggressive tactics, inadvertently reinforcing negative stereotypes.

To overcome the fear of rejection, sales professionals should shift their mindset from a transactional focus to a relationship-oriented approach. Building connections, understanding the customer’s perspective, and viewing rejection as an opportunity for improvement can transform the sales experience into a collaborative process rather than a win-or-lose scenario.

Fear of Making Wrong Decisions:

Customers often fear making wrong purchasing decisions, and salespeople play a pivotal role in alleviating this concern. Sales professionals must actively listen to customers, ask insightful questions, and guide them toward informed decisions that align with their needs and preferences.

By positioning themselves as trusted advisors, salespeople can help customers overcome the fear of making wrong decisions. Providing relevant information, offering demonstrations, and facilitating a thorough understanding of the product or service empower customers to make confident choices.

Building Trust: Lessons for Salespeople:

Prioritize Relationship Building:

The foundation of a successful sales career lies in building meaningful relationships with customers. Sales professionals should invest time in understanding the customer’s challenges, goals, and preferences. By establishing a rapport based on trust and empathy, salespeople can differentiate themselves from the stereotypical, transaction-focused image.

Demonstrate Expertise and Knowledge:

Customers are more likely to trust salespeople who demonstrate a deep understanding of their industry, products, and services. Sales professionals should continuously educate themselves, staying abreast of industry trends and developments. By positioning themselves as experts, salespeople instill confidence in customers, reinforcing the idea that their recommendations are based on genuine expertise.

Embrace Transparency:

Transparency is a powerful tool in overcoming the perception of salespeople as secretive or deceptive. Sales professionals should provide clear and honest information about products, pricing, and potential challenges. Being transparent about what a product or service can and cannot deliver builds credibility and fosters trust with customers.

Focus on Listening:

Effective communication is a two-way street, and successful sales interactions hinge on active listening. Salespeople should prioritize listening to customer concerns, needs, and preferences. By demonstrating a genuine interest in understanding the customer, sales professionals can tailor their approach and offer solutions that truly address the customer’s unique requirements.

Set Realistic Expectations:

Setting realistic expectations is crucial in building trust with customers. Salespeople should refrain from making promises that cannot be fulfilled and instead provide accurate information about product features, delivery timelines, and potential challenges. Managing customer expectations from the outset prevents disappointment and reinforces the credibility of the sales professional.

Provide Value Beyond the Sale:

To truly differentiate themselves, salespeople should view the sale as the beginning of a long-term relationship rather than the end goal. Providing ongoing support, follow-up communication, and additional value beyond the initial transaction strengthens the bond between the salesperson and the customer. This approach not only enhances customer satisfaction but also encourages repeat business and referrals.

Seek Continuous Improvement:

The world of sales is dynamic, with customer preferences, market trends, and industry landscapes constantly evolving. Sales professionals should embrace a mindset of continuous improvement, seeking feedback, learning from experiences, and adapting their approach to meet evolving customer needs. By demonstrating a commitment to growth and development, salespeople can build trust and credibility with their clientele.

Transforming the perception of salespeople requires a concerted effort to debunk common stereotypes, address customer fears, and build trust through authentic, customer-centric practices.

By prioritizing relationship building, demonstrating expertise, embracing transparency, focusing on active listening, setting realistic expectations, providing ongoing value, and committing to continuous improvement, sales professionals can redefine the narrative surrounding their profession.

In the ever-evolving landscape of sales, those who prioritize trust, authenticity, and customer satisfaction will not only overcome negative stereotypes but also thrive in building lasting, meaningful connections with their clientele.

As salespeople become trusted advisors rather than transactional entities, they have the power to reshape the narrative and inspire a positive perception of their profession.

Happy Selling,

David

The Price of Success

This is all about having a purpose. When you truly have a purpose in your life, it encourages you to make those sacrifices and put in the effort that’s needed in order to have your dreams come true.

Those that have dreams, and they are willing to pay the price to make them come true, will achieve happiness.Far too many people are afraid to dream. There are others who dream, but they do not dream big enough.


Dreams do not cost anything. Unfortunately, I’ve seen way too many people allow others to knock down their dreams. You must remember that you were designed for greatness, and there is an amazing plan for your life. It’s up to you to take that step of faith and make the commitment. Remember this though, it’s not enough just to have a dream. You have to dream big and take massive action in order for that dream to come true.


There are no shortcuts to great success. There is no such thing as an overnight success. For everyone that has become successful, they will all tell you that they paid the price. They made the commitment to dedicating the time to learn what was necessary and to do the things that needed to be done. You will often hear that when people have success, they are just lucky. Here is what I have found…. The harder you work, the luckier you will become.

Luck is when preparation meets opportunity.


Make that full commitment to have your dreams come true. In order to have the success you desire, understand that the price of success must be paid in full and paid in advance. Nothing is free. If you want to have big success, you must pay the price. Hard work over a period of time is the price we must pay for success. You truly can accomplish anything if you are willing to pay the price.Finally, let me encourage you that, while you are paying the price for success, you also enjoy the journey. It’s a wonderful ride. There will be bumps and bruises along the way. You will have challenges, difficulties, and obstacles throughout your journey, but always remember why you began in the first place.


There are dreams inside of you and it’s time to make these big dreams come true. The past is behind you. It’s time to move forward and work towards your amazing goals. It will be difficult, but it will definitely be worth it. Unless you pay the price for success, you will not know it’s worth.

I promise you this that you will appreciate your accomplishments because of your dedication and commitment.

Happy Selling,

David