Rohail Khan on Closing C-Suite Deals and Beating the No Decision Trap
Forty percent of prospects never make a buying decision, and the reason is rarely the competition. Rohail Khan, founder of Avant.AI and executive consultant for Corporate Visions, breaks down why the status quo is the most dangerous competitor in any sales cycle and how to defeat it.
Khan draws on 25 years as a C-suite executive, including roles at Xerox and Bank of America, to explain what CEOs and CFOs actually pay attention to during a pitch and why most sales teams lose the room within the first five minutes. The conversation covers how to use earnings call transcripts to find unconsidered risks, how to escape the commodity trap by shifting from features to financial outcomes, and why "you phrasing" transfers ownership to the buyer in ways that change the entire power dynamic of a pitch.
Host Sean Grady also gets into Daniel Kahneman's prospect theory, the EBITDA pivot, the value wedge, and the three deadly sins of sales messaging. Khan offers specific AI prompt strategies using tools like Perplexity and Gemini to surface insights that clients do not yet know they need.
Whether you manage large accounts, prepare executive proposals, or are trying to break through to the C-suite for the first time, this conversation delivers a concrete framework for turning uncertainty into urgency.
Learn more about Corporate Visions at corporatevisions.com. Visit Sean Grady's website at seankgrady.com to sign up for the newsletter.
#SalesPodcast #CSuiteStrategy #EnvironmentalTransformation
TAGS:
Rohail Khan, Avant AI, Corporate Visions sales training, C-suite selling, executive sales strategy, no decision sales, EBITDA pivot, value wedge, prospect theory, Daniel Kahneman loss aversion, B2B sales podcast, sales training podcast, closing deals, unconsidered needs, sales messaging, commodity trap, Environmental Transformation Podcast
CHAPTERS:
0:00 Introduction and Rohail Khan's Background
2:55 The Elevator Pitch and C-Suite Preparation
8:00 Understanding the CEO, CFO, and COO Mindset
11:30 Using Earnings Calls for Sales Research
15:55 Sponsor Messages
16:40 Why No Decision Is the Biggest Competitor
19:45 Finding Unconsidered Needs With AI Research
25:30 Biggest Preparation Mistakes in Executive Pitches
29:30 You Phrasing and the Power Dynamic Shift
31:45 The EBITDA Pivot and Avoiding Speeds and Feeds
34:30 Breaking Through the Procurement Gatekeeper
38:30 The Value Wedge and Defensible Differentiation
41:00 Making the Customer the Hero Through Storytelling
43:00 Decision-Making Psychology and Managing Risk
47:30 Prospect Theory and the Cost of Inaction
52:30 Telling Details Versus Superlatives in a Pitch
53:45 Reframing Emotional Anchors With Analogies
55:30 The Three Deadly Sins of Sales Messaging
56:30 How to Connect With Corporate Visions
00:00:00,040 --> 00:00:03,120
And I'll tell you in this
environment, that status quo
2
00:00:03,120 --> 00:00:06,200
decision is one of the biggest
mistakes an organization can
3
00:00:06,200 --> 00:00:08,680
make.
As I've been kind of working
4
00:00:08,680 --> 00:00:11,400
with teams, the biggest
challenge is that if there's no
5
00:00:11,400 --> 00:00:15,600
compelling reason aligned to the
biggest risk, then the default,
6
00:00:16,079 --> 00:00:19,280
the kind of action is no action.
I'd say over the last 25 years,
7
00:00:19,280 --> 00:00:22,640
this is the most complex
environment any executive has
8
00:00:22,640 --> 00:00:25,560
had to manage.
And so to try to apply
9
00:00:25,880 --> 00:00:29,240
yesterday's solution to today's
problems, it's one of their
10
00:00:29,280 --> 00:00:31,680
biggest challenges.
Now they end up at the no
11
00:00:31,680 --> 00:00:33,640
decision because they don't know
what to do.
12
00:00:33,840 --> 00:00:36,880
Welcome to the Environmental
Transformation Podcast, where we
13
00:00:36,880 --> 00:00:39,200
bring you interviews with
industry leaders, climate
14
00:00:39,200 --> 00:00:42,640
champions, sustainability
practitioners, EHS and hazmat
15
00:00:42,640 --> 00:00:45,560
professionals making an impact
in their businesses today.
16
00:00:46,080 --> 00:00:48,880
Each leader solving complex
challenges and delivering
17
00:00:48,880 --> 00:00:50,920
solutions within their areas of
expertise.
18
00:00:51,240 --> 00:00:54,360
I'm your host, Sean Grady, and
thanks for joining us today.
19
00:00:54,880 --> 00:00:58,080
Before we jump in, make sure to
follow us on your devices and
20
00:00:58,080 --> 00:01:02,560
visit my website at
www.seankgrady.com and sign up
21
00:01:02,560 --> 00:01:05,000
for our newsletter and e-mail
announcements.
22
00:01:05,200 --> 00:01:07,560
Now let's get started.
Welcome to the Environmental
23
00:01:07,560 --> 00:01:10,760
Transformation Podcast.
I'm your host Sean Grady and
24
00:01:10,760 --> 00:01:16,720
today's guest is Rohil Khan.
Rohil is the CEO and President
25
00:01:16,720 --> 00:01:20,400
of Avant AI.
He's scaling people intensive
26
00:01:20,400 --> 00:01:24,480
technology, enabling B to B
services and their platforms
27
00:01:24,480 --> 00:01:28,760
through growth and discipline
and discipline M&A efforts over
28
00:01:28,760 --> 00:01:33,440
20 years, leading multibillion
dollar HR, healthcare, banking
29
00:01:33,480 --> 00:01:38,360
and business process outsourcing
services with the direct
30
00:01:38,360 --> 00:01:42,560
accountability for commercial
strategy, sales execution and
31
00:01:42,560 --> 00:01:45,680
PNL management.
He's built and scaled global
32
00:01:45,680 --> 00:01:49,120
shared services and AI
automation capabilities to drive
33
00:01:49,120 --> 00:01:53,920
margin expansion, delivering 20
plus percent of compound annual
34
00:01:53,920 --> 00:02:00,520
growth rate and 2 1/2% plus
times the EBITDA growth through
35
00:02:00,520 --> 00:02:04,120
operating discipline, technology
enablement and acquisitions.
36
00:02:04,120 --> 00:02:08,680
He's got a proven track record
in the PE backed and sponsored
37
00:02:10,280 --> 00:02:13,080
and has sponsored owned
environments, leading
38
00:02:13,080 --> 00:02:16,200
integration of 10 plus
acquisitions and building high
39
00:02:16,200 --> 00:02:20,000
effective, low ego execution
oriented leadership teams.
40
00:02:20,880 --> 00:02:24,560
Yeah, it's a little mouthful
just trying to run through this
41
00:02:24,560 --> 00:02:26,280
here.
But there's one last point I
42
00:02:26,280 --> 00:02:29,200
want to hit though, because this
is how we connected.
43
00:02:29,400 --> 00:02:33,200
You're also an executive
consultant for Corporate Visions
44
00:02:33,400 --> 00:02:36,440
and that's a leading provider in
science based revenue growth
45
00:02:36,440 --> 00:02:41,120
services for sales, marketing
and customer success teams and
46
00:02:41,400 --> 00:02:45,320
providing great training and and
education for sales leaders
47
00:02:45,320 --> 00:02:47,960
across the country.
So, Rohil, thank you for joining
48
00:02:47,960 --> 00:02:49,760
the show.
No, it's my pleasure.
49
00:02:51,120 --> 00:02:53,680
Well, you know, we had a great
opportunity.
50
00:02:53,680 --> 00:02:57,040
I had the great opportunity of
sitting into a sales class with
51
00:02:57,040 --> 00:02:59,480
you a couple about a month ago
now.
52
00:02:59,480 --> 00:03:02,480
I guess it is.
And I was fascinated by the
53
00:03:02,480 --> 00:03:03,960
training.
It's probably the best training
54
00:03:03,960 --> 00:03:06,400
I personally have been through.
And I just want to let our
55
00:03:06,400 --> 00:03:09,200
audience know, hey, if you're
looking for great training, he's
56
00:03:09,200 --> 00:03:11,480
the guy.
But here's here's some stuff
57
00:03:11,480 --> 00:03:16,280
that I wanted to get from out of
Rohil in a conversation because
58
00:03:16,360 --> 00:03:20,400
I think everybody in this sales
environment needs to hear these
59
00:03:20,400 --> 00:03:23,800
things and these tactics.
So I wanted to start out if we
60
00:03:23,800 --> 00:03:28,880
could, Rohil, many people, it's
kind of like they get their
61
00:03:28,880 --> 00:03:32,640
ideal opportunity, you know that
in that elevator pitch.
62
00:03:32,680 --> 00:03:35,640
So if you just give me a minute
here to kind of frame this
63
00:03:35,640 --> 00:03:38,600
question, I think it was it'll
may help us dive in.
64
00:03:39,520 --> 00:03:42,600
You're a sales professional,
you're struggling to land that
65
00:03:42,600 --> 00:03:46,400
meeting with the CEO or sales
executive, you know, or I mean
66
00:03:46,400 --> 00:03:50,160
AC suite executive.
And let's imagine that you're
67
00:03:50,920 --> 00:03:54,800
managing a large account and
you're on your way to the office
68
00:03:54,800 --> 00:03:57,240
to meet your sale, your
procurement officer.
69
00:03:57,240 --> 00:04:01,800
And just by happenstance, you
meet the CEO on the elevator.
70
00:04:02,120 --> 00:04:06,600
Now, most of us probably go, Oh
my gosh, this is the CEO I've
71
00:04:06,600 --> 00:04:10,960
been trying to nail.
So this is that a quit.
72
00:04:10,960 --> 00:04:13,760
This the quintessential elevator
pitch.
73
00:04:13,920 --> 00:04:17,240
We all kind of like dream about
this opportunity, I think at
74
00:04:17,240 --> 00:04:19,959
times in our life.
But how important is it for a
75
00:04:19,959 --> 00:04:23,520
salesperson?
Always be prepared for this type
76
00:04:23,520 --> 00:04:25,760
of an encounter.
You know, what should they be
77
00:04:25,760 --> 00:04:30,200
able to communicate to the CEO
in that brief 2 or 3 minutes
78
00:04:30,360 --> 00:04:33,360
that they have with them and
what should they walk away with
79
00:04:33,360 --> 00:04:35,920
from that encounter?
And I think, you know, I want to
80
00:04:35,920 --> 00:04:39,280
hit this because we went through
this exercise and trading it was
81
00:04:39,280 --> 00:04:42,360
pretty powerful.
No, I think it's a it's a great
82
00:04:42,360 --> 00:04:45,040
situation and it's a situation
that's totally unpredictable.
83
00:04:45,040 --> 00:04:47,280
You don't know when it's going
to happen and in today's
84
00:04:47,280 --> 00:04:50,920
environment, it's the frequency
of that happening is a lot less
85
00:04:50,920 --> 00:04:53,760
than historically it's been.
So when the opportunities
86
00:04:53,760 --> 00:04:55,640
present themselves, you've got
to take advantage.
87
00:04:55,640 --> 00:04:58,120
So a couple of things that you
got to be thinking about.
88
00:04:58,120 --> 00:05:01,160
First and foremost, you've got
always got to understand what's
89
00:05:01,160 --> 00:05:04,400
happening at your client, not at
the operating, what I would call
90
00:05:04,400 --> 00:05:07,320
the dual level, but also what's
happening at the executive
91
00:05:07,320 --> 00:05:10,080
level, meaning if it's a public
organization, why are they in
92
00:05:10,080 --> 00:05:12,400
the news, What's going on?
What are their initiatives?
93
00:05:12,600 --> 00:05:15,440
What are the most important
things that are happening that
94
00:05:15,440 --> 00:05:17,520
would be relevant to the CEO and
the CFO?
95
00:05:17,520 --> 00:05:20,960
Because at the end of the day,
your pitch has to resonate with
96
00:05:20,960 --> 00:05:23,000
the key decision makers of the
organization.
97
00:05:23,000 --> 00:05:25,560
And that's really two people,
the CEO and the CFO.
98
00:05:25,960 --> 00:05:29,120
So if I happen to be the CEO
that you ran into, the things
99
00:05:29,120 --> 00:05:33,360
that I'd be looking for is your
interaction has to be memorable.
100
00:05:34,360 --> 00:05:36,560
And why is that?
Because I got too many things to
101
00:05:36,560 --> 00:05:39,840
focus on.
So being memorable means align
102
00:05:39,840 --> 00:05:43,800
it to the biggest risk that I
have, meaning you've got to
103
00:05:43,800 --> 00:05:47,120
highlight something that's
knowledgeable and insightful and
104
00:05:47,120 --> 00:05:49,680
from your viewpoint, but it
relates to the biggest risk that
105
00:05:49,680 --> 00:05:51,160
I'm trying to manage within the
business.
106
00:05:51,280 --> 00:05:55,400
That's number one.
Number two, it's got to be a
107
00:05:55,400 --> 00:05:59,720
fact based measurable
interaction, meaning it can't be
108
00:06:00,560 --> 00:06:02,800
a series of acronyms and
motherhood and apple pie
109
00:06:02,800 --> 00:06:05,720
statements that don't mean
anything and don't differentiate
110
00:06:05,720 --> 00:06:06,520
you.
If you were going to be
111
00:06:06,520 --> 00:06:10,720
measurable, memorable, you have
to be differentiated because I
112
00:06:10,720 --> 00:06:14,720
talk to hundreds of people a day
if I'm the CEO and those
113
00:06:14,720 --> 00:06:17,960
conversations in one ear out the
other, unless there's a reason
114
00:06:17,960 --> 00:06:20,800
for me to pay attention, risk is
the one reason I'm going to pay
115
00:06:20,800 --> 00:06:23,840
attention because the risk is
related to the organizational
116
00:06:23,840 --> 00:06:25,280
performance that I'm accountable
for.
117
00:06:25,280 --> 00:06:28,760
So you've got to tie to a risk
the most important one.
118
00:06:29,120 --> 00:06:31,240
You've got to talk about
something that's provocative and
119
00:06:31,240 --> 00:06:33,800
insightful, that's usually with
the complexities of the
120
00:06:33,800 --> 00:06:36,360
environment we're dealing with
something like an external
121
00:06:36,360 --> 00:06:39,840
factor or some event that's
that's going to impact, either
122
00:06:39,840 --> 00:06:42,480
accelerate the risk or impact
performance.
123
00:06:43,040 --> 00:06:46,120
And then the last thing that you
want to be able to do is you've
124
00:06:46,120 --> 00:06:49,440
got to be able to engage me.
It's no point just talking at
125
00:06:49,440 --> 00:06:52,080
me.
You want to talk with me, which
126
00:06:52,080 --> 00:06:53,840
means there needs to be a
conversation.
127
00:06:54,040 --> 00:06:56,640
The only way I'm going to start
to talk is if it's something
128
00:06:56,640 --> 00:06:59,200
insightful and interesting that
causes me to lean in.
129
00:06:59,680 --> 00:07:03,000
So that's that's a tall order in
a minute and 1/2 or two minutes.
130
00:07:03,360 --> 00:07:05,840
But your preparation is going to
be the key that allows you to
131
00:07:05,840 --> 00:07:08,480
actually hit that and hit that
out of the park.
132
00:07:08,480 --> 00:07:12,160
And then ultimately the follow
on is whenever you have a kind
133
00:07:12,160 --> 00:07:15,120
of a transitory meeting like
this, you're angling for a
134
00:07:15,120 --> 00:07:17,800
follow up meeting, you're
angling for something else.
135
00:07:17,960 --> 00:07:20,600
So at the end, you what you want
to close with is that's
136
00:07:20,600 --> 00:07:22,920
fantastic.
I'd love to grab 15 minutes.
137
00:07:22,920 --> 00:07:25,120
I'll work with your EA or
however you want to do it, but
138
00:07:25,280 --> 00:07:28,240
you want to make sure that there
is a compelling reason for me to
139
00:07:28,240 --> 00:07:30,960
give you the most precious thing
I have, which is additional
140
00:07:30,960 --> 00:07:33,240
time.
Right now that that's really
141
00:07:33,240 --> 00:07:35,480
good.
I mean, you know, it's being
142
00:07:35,480 --> 00:07:39,520
provocative and memorable.
You know, is, is, is probably a
143
00:07:39,520 --> 00:07:42,480
challenge for some people, you
know, and I think, you know,
144
00:07:42,480 --> 00:07:46,680
coming up with some interesting
fact that is going to shock him
145
00:07:46,680 --> 00:07:51,280
a little bit or go, oh, wow.
And I think being prepared
146
00:07:51,280 --> 00:07:54,560
always on the ready, I guess is,
you know, if you know your
147
00:07:54,560 --> 00:07:58,520
account and you know that
business really well, you should
148
00:07:58,520 --> 00:08:03,920
be able to adequately do or, you
know, deliver a quick elevator
149
00:08:03,920 --> 00:08:07,640
pitch with any of the the
various C-Suite people you're
150
00:08:07,640 --> 00:08:11,040
looking for.
But I do think that there is
151
00:08:11,040 --> 00:08:14,320
some challenges and, and I think
as salespeople, we kind of get
152
00:08:14,320 --> 00:08:18,160
into this mindset of we're
understanding what we do, but we
153
00:08:18,160 --> 00:08:20,840
don't really try to think about,
well, what do they do?
154
00:08:20,960 --> 00:08:23,960
What's their responsibilities?
And so it's, and I want to talk
155
00:08:23,960 --> 00:08:26,920
about it's all about them
mindset, right?
156
00:08:27,160 --> 00:08:30,640
So talk about the mindset of
ACEO, you know, and what their
157
00:08:30,640 --> 00:08:33,960
jobs descriptions are, the CEO,
the CFO and the CEO.
158
00:08:34,120 --> 00:08:37,000
Because a lot of times when you
encounter that person, I don't
159
00:08:37,000 --> 00:08:39,000
think we're thinking about,
well, what are their
160
00:08:39,120 --> 00:08:43,200
responsibilities and how do I
need to retrain or reframe my
161
00:08:43,200 --> 00:08:47,400
messaging to meet their?
Level yeah, no, it's a it's a,
162
00:08:47,480 --> 00:08:49,720
it's a great point and I think
you're absolutely right.
163
00:08:49,720 --> 00:08:52,640
And you know, I've been AC level
exec for 25 years and I even
164
00:08:52,640 --> 00:08:55,560
trained my own teams, but I've
also been approached by many
165
00:08:55,560 --> 00:08:57,000
other organizational sales
leaders.
166
00:08:57,000 --> 00:09:01,360
And it's shocking how frequently
they talk about themselves or
167
00:09:01,360 --> 00:09:03,080
they talk about their own
organization.
168
00:09:03,560 --> 00:09:06,200
And I'll tell you, it's one of
the biggest pitfalls of
169
00:09:06,200 --> 00:09:09,360
interacting with AC level
executive is, with all due
170
00:09:09,360 --> 00:09:12,200
respect to the great things you
as a sales leader might
171
00:09:12,200 --> 00:09:15,200
represent for your organization,
I don't care about those things.
172
00:09:15,520 --> 00:09:19,360
What I care about is what your
great capabilities can do to
173
00:09:19,360 --> 00:09:22,200
accelerate my business
performance and mitigate my
174
00:09:22,200 --> 00:09:24,480
execution risk.
Those are the only reasons I
175
00:09:24,480 --> 00:09:27,760
actually pay attention because
that's the mandate I have to
176
00:09:27,760 --> 00:09:30,720
represent for the organization.
If I'm in ACEO or CFO or COO
177
00:09:30,720 --> 00:09:35,760
role, my goal is to operate in a
way that drives business
178
00:09:35,760 --> 00:09:38,040
performance.
So what I'm looking for are
179
00:09:38,040 --> 00:09:41,640
individuals that can either help
accelerate that performance or
180
00:09:41,640 --> 00:09:43,960
mitigate the risk associated
with that performance.
181
00:09:44,160 --> 00:09:48,920
And so the challenge is a lot of
times people focus, so they're
182
00:09:48,920 --> 00:09:51,040
so excited about here, here's
the great things we're doing,
183
00:09:51,040 --> 00:09:52,600
here's the great products we
have.
184
00:09:53,160 --> 00:09:57,080
All of that unfortunately
doesn't resonate with competent
185
00:09:57,240 --> 00:09:59,920
Cxos.
What it does is it gets you
186
00:09:59,920 --> 00:10:02,800
delegated down into the
organization at the dual level.
187
00:10:03,280 --> 00:10:06,720
So when you're talking to that
executive exactly as you said,
188
00:10:07,000 --> 00:10:11,080
you have to understand what
drives their performance, what
189
00:10:11,120 --> 00:10:15,160
are the initiatives or the the
strategic pillars that they are
190
00:10:15,160 --> 00:10:18,280
focused on, what's driving their
day-to-day interaction and
191
00:10:18,280 --> 00:10:20,800
ultimately what drives and gets
their mindshare.
192
00:10:21,400 --> 00:10:24,000
If you're not connecting to
that, then you're not
193
00:10:24,000 --> 00:10:27,200
connecting, period, because
that's go ahead.
194
00:10:27,480 --> 00:10:31,480
Yes what's a good way for a
person to find out that
195
00:10:31,480 --> 00:10:34,160
information like what makes them
tick, what's driving their
196
00:10:34,160 --> 00:10:37,960
decision is and what's important
to them, You know, you know,
197
00:10:37,960 --> 00:10:41,840
knowing the difference between
the type that the roles of these
198
00:10:41,840 --> 00:10:45,160
C-Suite executives with CEO
they're I think you know,
199
00:10:45,160 --> 00:10:47,160
they're mostly focused on
strategy.
200
00:10:47,240 --> 00:10:50,920
How do we grow and maintain our
business, the CF OS, how much
201
00:10:50,920 --> 00:10:54,840
money are we making and how can
we continue to operate at a high
202
00:10:54,840 --> 00:10:57,480
level, you know, a profit?
And then the, the CEO is like,
203
00:10:57,480 --> 00:11:00,400
how can we just keep the wheels
running on this thing, right?
204
00:11:00,680 --> 00:11:04,320
And and, you know, successfully
deliver, You know, I think that
205
00:11:04,320 --> 00:11:07,400
mindset is important, but how do
we find that information out if
206
00:11:07,400 --> 00:11:09,760
we're trying to figure this out?
No, that's a great question.
207
00:11:10,040 --> 00:11:13,240
There's a lot of ways to do it.
Think let's say your client is a
208
00:11:13,240 --> 00:11:16,600
publicly listed organization.
The 1st place I would go is I
209
00:11:16,600 --> 00:11:17,840
would go to their earnings
calls.
210
00:11:17,880 --> 00:11:21,320
I would look and track their
earning transcripts because if
211
00:11:21,320 --> 00:11:23,880
you listen to the earnings
calls, it's good information,
212
00:11:23,880 --> 00:11:25,400
but you miss too much
information.
213
00:11:25,800 --> 00:11:28,600
I've always coached my team.
They look get a copy of the
214
00:11:28,600 --> 00:11:31,440
transcript of the earnings call
and they're sites like Motley
215
00:11:31,440 --> 00:11:34,400
Fool and Seeking Alpha that
easily get you access or the
216
00:11:34,400 --> 00:11:36,840
investor relations sites of the
actual client.
217
00:11:37,040 --> 00:11:39,600
They'll give you the podcast,
they'll give you the transcript,
218
00:11:39,600 --> 00:11:40,800
they'll give you the
presentation.
219
00:11:41,040 --> 00:11:43,640
Those are three critical things
to take a look at because
220
00:11:43,640 --> 00:11:47,360
organizations that are public,
on every earnings call, the CEO
221
00:11:47,360 --> 00:11:50,520
talks about strategy, he talks
or she talks about the key
222
00:11:50,520 --> 00:11:51,640
initiatives that they're focused
on.
223
00:11:51,640 --> 00:11:52,960
They'll literally tell you what
that is.
224
00:11:53,520 --> 00:11:55,280
Following that conversation,
it's ACFO.
225
00:11:55,280 --> 00:11:57,160
They talk about financial
results, they talk about
226
00:11:57,160 --> 00:11:59,600
critical KP is they're
achieving, and then they talk
227
00:11:59,600 --> 00:12:01,760
about the risks.
So if you're paying attention
228
00:12:01,760 --> 00:12:05,560
just to those three kind of
areas of focus, the podcast, the
229
00:12:05,920 --> 00:12:08,960
presentation material and the
transcript of the call, you've
230
00:12:08,960 --> 00:12:12,880
got a big leapfrog jump into
actually understanding what they
231
00:12:12,880 --> 00:12:15,840
care about, what their
priorities are and what risks
232
00:12:15,840 --> 00:12:17,720
they're trying to manage.
Because literally they'll tell
233
00:12:17,720 --> 00:12:20,600
you what they are.
And in addition, in addition to
234
00:12:20,600 --> 00:12:23,640
that, what is very powerful with
the transcript of the call is
235
00:12:23,640 --> 00:12:26,600
there is a, there's AQ and a
section for all of the analysts
236
00:12:26,600 --> 00:12:30,200
that are actually asking
questions once the call results
237
00:12:30,200 --> 00:12:31,840
are shared.
And that is fantastic
238
00:12:31,840 --> 00:12:35,800
information for you as a seller
to understand what are the key
239
00:12:35,800 --> 00:12:38,600
areas that even the analysts are
starting to find either are
240
00:12:38,600 --> 00:12:41,640
working or not working.
And now how did those problems
241
00:12:41,640 --> 00:12:44,960
or opportunities relate to your
ability to accelerate those
242
00:12:44,960 --> 00:12:47,880
opportunities and mitigate those
problems which ultimately are
243
00:12:47,880 --> 00:12:50,680
risk related?
Yeah, no, that's, that's good.
244
00:12:50,680 --> 00:12:55,040
So there's good information to
be obtained through these these
245
00:12:55,040 --> 00:12:58,760
sources of, you know, of
information that's out there
246
00:12:58,760 --> 00:13:00,480
through the earnings calls and
whatnot.
247
00:13:00,480 --> 00:13:03,400
And I think that's a great place
to find them.
248
00:13:04,400 --> 00:13:07,120
And so it does take a little
preparation to figure that out.
249
00:13:07,640 --> 00:13:11,800
Do the research, be prepared.
Hello ET Nation, I want to thank
250
00:13:11,800 --> 00:13:13,360
you for listening to the
podcast.
251
00:13:13,360 --> 00:13:15,240
If you're enjoying the
interviews we bring you,
252
00:13:15,560 --> 00:13:18,600
consider supporting the program
by visiting my website at
253
00:13:18,600 --> 00:13:21,560
seankgrady.com and buy me a cup
of coffee.
254
00:13:21,600 --> 00:13:24,480
Proceeds will go towards helping
me continue producing timely
255
00:13:24,480 --> 00:13:27,160
content and offset production
costs.
256
00:13:28,080 --> 00:13:30,360
I'd also like to take a moment
and recognize a few of our
257
00:13:30,360 --> 00:13:34,040
sponsors of the show who have
been amazing partners and our ET
258
00:13:34,040 --> 00:13:36,920
Nation legends.
If you're looking for a drilling
259
00:13:36,960 --> 00:13:39,800
an environmental contracting
firm to help you delineate the
260
00:13:39,800 --> 00:13:43,280
extent of contamination at your
site, then look no further than
261
00:13:43,280 --> 00:13:47,360
Cascade Environmental.
Cascade has over 37 offices
262
00:13:47,360 --> 00:13:50,680
across the country and offers a
huge range of environmental and
263
00:13:50,680 --> 00:13:54,200
geotechnical drilling, site
characterization and remediation
264
00:13:54,200 --> 00:13:56,480
services.
With their huge fleet of
265
00:13:56,480 --> 00:14:00,760
equipment nationwide coverage,
Cascade is a great choice to
266
00:14:00,760 --> 00:14:03,440
support your environmental and
infrastructure needs.
267
00:14:03,920 --> 00:14:08,360
To learn more, check out their
website at cascade-env.com.
268
00:14:08,560 --> 00:14:12,600
That's cascade-env.com.
Hey, are you looking for an
269
00:14:12,600 --> 00:14:15,240
equipment rental company to help
you with your next wastewater,
270
00:14:15,320 --> 00:14:18,160
water remediation or waste
management project?
271
00:14:18,640 --> 00:14:22,080
E Tank is the only environmental
equipment rental company in the
272
00:14:22,080 --> 00:14:26,360
industry that offers 100%
guaranteed certified clean
273
00:14:26,360 --> 00:14:29,600
temporary liquid storage tanks
at no additional cost.
274
00:14:30,400 --> 00:14:34,000
This protocol gives Peace of
Mind for the previous customer
275
00:14:34,160 --> 00:14:37,280
by limiting their downstream
liability as well as the future
276
00:14:37,280 --> 00:14:41,400
customer by preventing any cross
contamination for all of their
277
00:14:41,400 --> 00:14:45,560
rental tanks.
E Tank also runs a one-of-a-kind
278
00:14:45,560 --> 00:14:49,040
complete maintenance program for
all rental items including
279
00:14:49,320 --> 00:14:53,280
liquid tight roll off
containers, fluid transfer pumps
280
00:14:53,440 --> 00:14:57,120
and filtration items.
The next time you are presented
281
00:14:57,120 --> 00:15:00,040
with an environmental challenge,
call E Tank to come up with the
282
00:15:00,040 --> 00:15:03,640
solution for your problem.
I want to thank one of our
283
00:15:03,640 --> 00:15:06,760
sponsors, Waste Link.
Waste Link is the all in one
284
00:15:06,760 --> 00:15:10,240
software platform transforming
how environmental professionals
285
00:15:10,240 --> 00:15:13,680
manage waste, connecting
generators, service providers
286
00:15:13,760 --> 00:15:15,680
and.
Disposal facilities in a way
287
00:15:15,680 --> 00:15:18,880
that is simple connected.
And transparent.
288
00:15:19,560 --> 00:15:22,840
Their platform helps streamline
everything from waste profiling
289
00:15:22,840 --> 00:15:26,880
and routing to inventory
management and billing, giving
290
00:15:26,880 --> 00:15:29,800
you the tools you need to
operate more efficiently and
291
00:15:29,800 --> 00:15:32,360
reduce cost.
Whether you're a generator
292
00:15:32,360 --> 00:15:36,640
looking for better options or a
service provider seeking greater
293
00:15:36,640 --> 00:15:39,040
efficiency, Waste Link has you
covered.
294
00:15:39,440 --> 00:15:42,040
If you're ready to take control
of your waste management
295
00:15:42,040 --> 00:15:46,560
processes and optimize your
business, visit wastelink.com to
296
00:15:46,560 --> 00:15:49,240
schedule a demo today.
But you know what?
297
00:15:49,360 --> 00:15:52,360
When we get into trying to
figure out how do we actually
298
00:15:52,920 --> 00:15:59,040
make these companies consider,
you know, the services we want
299
00:15:59,040 --> 00:16:00,880
to offer them if we're a
salesperson, right?
300
00:16:00,960 --> 00:16:05,520
So let's talk a little bit about
this concept of the no decision
301
00:16:05,520 --> 00:16:09,920
obstacle because I think we all
find this in our daily kind of
302
00:16:09,920 --> 00:16:14,200
sales and jobs and environment
as we try to engage customers.
303
00:16:14,600 --> 00:16:18,200
You know what the research
indicates that 40% of prospects
304
00:16:18,240 --> 00:16:21,320
ultimately stick with the status
quo instead of making a buying
305
00:16:21,320 --> 00:16:23,320
decision.
And then from your perspective,
306
00:16:23,320 --> 00:16:27,840
why is no decision often a
bigger competitor than the other
307
00:16:27,840 --> 00:16:31,360
vendors in the market?
It's, it's a great question.
308
00:16:31,520 --> 00:16:35,800
I would tell you that one of the
real reasons that the no
309
00:16:35,800 --> 00:16:40,120
decision shows up so frequently
is the pitch that's made by the
310
00:16:40,120 --> 00:16:44,240
sales executive doesn't
resonate, isn't compelling
311
00:16:44,240 --> 00:16:48,560
enough, doesn't highlight areas
of risk or opportunity
312
00:16:48,600 --> 00:16:51,440
materially enough to make a
difference around performance.
313
00:16:51,440 --> 00:16:54,240
So if I'm an executive and I
look at what's actually
314
00:16:54,240 --> 00:16:57,640
happening and somebody pitches
something to me, but there's no
315
00:16:57,640 --> 00:17:02,120
compelling urgency, there's no
compelling risk, then my choice
316
00:17:02,120 --> 00:17:04,880
is either I can keep doing what
I'm doing and I don't have to do
317
00:17:04,880 --> 00:17:08,560
anything differently, or I'm
going to take a chance.
318
00:17:08,640 --> 00:17:11,880
But there's no real
quantification of what the, the,
319
00:17:12,280 --> 00:17:15,880
the real value is or the real
outcomes are that that I'm going
320
00:17:15,880 --> 00:17:17,520
to take advantage of or I'm
going to need.
321
00:17:17,520 --> 00:17:20,680
And I'll tell you in this
environment that status quo
322
00:17:20,680 --> 00:17:23,720
decision is one of the biggest
mistakes an organization can
323
00:17:23,720 --> 00:17:26,200
make.
As I've been kind of working
324
00:17:26,200 --> 00:17:28,920
with teams, the biggest
challenge is that if there's no
325
00:17:28,920 --> 00:17:33,120
compelling reason aligned to the
biggest risk, then the default,
326
00:17:33,640 --> 00:17:36,880
the kind of action is no action.
But as I said, this is an
327
00:17:36,880 --> 00:17:39,920
environment over the, I'd say
over the last 25 years, this is
328
00:17:39,920 --> 00:17:43,680
the most complex environment any
executive had to manage in.
329
00:17:43,680 --> 00:17:49,200
So to try to apply yesterday's
solution to today's problems is
330
00:17:49,200 --> 00:17:52,000
one of their biggest challenges.
Now they end up at the no
331
00:17:52,000 --> 00:17:53,960
decision because they don't know
what to do.
332
00:17:53,960 --> 00:17:56,400
So if I don't know what to do,
I'll keep doing what I'm doing.
333
00:17:57,040 --> 00:17:58,720
That's the opportunity for the
sales leader.
334
00:17:58,920 --> 00:18:01,440
Yeah, right.
I mean, I think in this day and
335
00:18:01,440 --> 00:18:05,520
age with technology and how fast
things are moving in this space,
336
00:18:06,160 --> 00:18:10,640
you know, AI is, is affecting
how businesses respond or
337
00:18:10,640 --> 00:18:13,240
actually just work and function
as a company.
338
00:18:13,800 --> 00:18:16,720
It's got to be difficult to make
some bigger decisions,
339
00:18:16,720 --> 00:18:19,440
especially around making
systematic changes.
340
00:18:19,440 --> 00:18:22,560
I mean, you know that I think
the big challenge a lot of
341
00:18:22,560 --> 00:18:26,960
companies will face is the quote
UN quote management of change.
342
00:18:28,400 --> 00:18:31,680
You know, the fear of management
of change is what I really want
343
00:18:31,680 --> 00:18:34,880
to say, which is probably why
the obstacle of no decision is
344
00:18:34,920 --> 00:18:38,640
is use theirs because as they
got the fear of management of
345
00:18:38,640 --> 00:18:39,920
change and they don't want to do
it.
346
00:18:40,320 --> 00:18:42,760
Yeah, they don't.
And I'll tell you, you know, and
347
00:18:42,760 --> 00:18:45,720
that's where the sales
opportunity becomes so
348
00:18:45,720 --> 00:18:49,280
materially differentiated
potentially if you as an
349
00:18:49,280 --> 00:18:52,240
organization or as a sales
leader have done the research,
350
00:18:52,240 --> 00:18:54,280
if you understand what the
biggest challenges they are, if
351
00:18:54,280 --> 00:18:57,400
you've done research on their
key competitors, because that's
352
00:18:57,400 --> 00:18:59,680
a great course of insight.
All of a sudden now you're
353
00:18:59,680 --> 00:19:03,280
pulling together a viewpoint
that's anchored in data that
354
00:19:03,280 --> 00:19:06,520
relates to work that you as an
organization has already done
355
00:19:06,520 --> 00:19:08,560
for organizations like your
target client.
356
00:19:09,440 --> 00:19:12,480
Now you're starting to set the
pathway for them to take action.
357
00:19:12,840 --> 00:19:15,320
As we said, the no decision is
because I don't know what action
358
00:19:15,320 --> 00:19:16,640
to go.
Maybe I want to make a decision,
359
00:19:16,680 --> 00:19:19,840
I just don't know what to do.
And if no one helps guide me
360
00:19:19,840 --> 00:19:22,680
through that conversation, then
I'm stuck not really knowing
361
00:19:22,680 --> 00:19:25,640
because you can't ask a client,
especially the executive, to
362
00:19:25,640 --> 00:19:27,760
take a chance on something
they've never seen or done.
363
00:19:27,960 --> 00:19:29,640
They're not going to take that
chance because that's going to
364
00:19:29,640 --> 00:19:31,720
affect their career and
potentially their job.
365
00:19:32,160 --> 00:19:36,160
What they want is the ability to
hitch their wagon, as it were,
366
00:19:36,320 --> 00:19:39,120
to an organization that's been
there, done it, navigated it,
367
00:19:39,120 --> 00:19:41,480
solved it, and that's where the
trust comes.
368
00:19:41,480 --> 00:19:45,440
So if I'm going to take a leap,
I wanna leap where a place where
369
00:19:45,440 --> 00:19:48,040
I can get a soft landing, and
that soft landing is the
370
00:19:48,040 --> 00:19:50,800
organization that's competent,
that's done it before, that
371
00:19:50,800 --> 00:19:53,800
understands the problems and the
risks and knows how to navigate
372
00:19:53,800 --> 00:19:55,600
them.
That's great insight there.
373
00:19:55,600 --> 00:20:00,480
That's really good.
A lot of times sales reps, we
374
00:20:00,480 --> 00:20:03,120
get caught in the commodity
trap.
375
00:20:03,120 --> 00:20:05,360
Let's talk through this a little
bit because I think a lot of
376
00:20:05,360 --> 00:20:08,760
people won't realize they get
suckered into putting being put
377
00:20:08,760 --> 00:20:11,840
into that position without
realizing they're in there.
378
00:20:12,280 --> 00:20:16,360
You know, many sales teams focus
on the identity, on identifying
379
00:20:16,360 --> 00:20:19,720
their needs and, and the
prospects already know what you
380
00:20:19,720 --> 00:20:21,560
know, what they have as far as
these needs.
381
00:20:22,120 --> 00:20:25,520
But that leads to this
commoditization conversation.
382
00:20:25,520 --> 00:20:28,640
And how can a seller break the
cycle of finding?
383
00:20:29,360 --> 00:20:33,840
I'm sorry, the cycle to find an
unconsidered needs versus you
384
00:20:33,840 --> 00:20:37,440
know what they already know they
have through this process of
385
00:20:37,440 --> 00:20:40,560
kind of educating the buyer.
What did you think of this?
386
00:20:40,560 --> 00:20:43,080
Because this is how our
capabilities can come into play
387
00:20:43,080 --> 00:20:45,320
and help.
Yeah, no, it's a great question.
388
00:20:45,320 --> 00:20:49,160
I I would say one of the best
things to understand when trying
389
00:20:49,160 --> 00:20:52,800
to figure out where is the gap
or the flaw that your client
390
00:20:52,800 --> 00:20:55,960
isn't taking advantage of.
It's taking a look at what are
391
00:20:55,960 --> 00:20:58,520
the, you know, there there in
today's environment.
392
00:20:58,520 --> 00:21:01,280
When you think about AI, you
think about global supply chain
393
00:21:01,280 --> 00:21:04,920
challenges, tariffs and trade,
geopolitics in terms of, you
394
00:21:04,920 --> 00:21:08,960
know, conflicts that are
happening, global warming,
395
00:21:08,960 --> 00:21:11,400
demographic changes.
And I could rattle off another
396
00:21:11,400 --> 00:21:15,640
10 to 12 factors that are
impacting organizations at the
397
00:21:15,640 --> 00:21:17,680
global level.
You want to be able to
398
00:21:17,680 --> 00:21:21,400
understand what's the most
important factor that's now
399
00:21:21,400 --> 00:21:24,920
impacting the target executive
you're focused on what's
400
00:21:24,920 --> 00:21:27,880
impacting the role or the
initiative that they're actually
401
00:21:27,880 --> 00:21:31,120
accountable for.
All of a sudden that becomes the
402
00:21:31,120 --> 00:21:34,000
way to get their attention.
Now, once you get their
403
00:21:34,000 --> 00:21:36,080
attention, you've got to
continue to tell the story.
404
00:21:36,560 --> 00:21:41,080
And that means here's the the
way I can de risk that issue in
405
00:21:41,080 --> 00:21:42,960
terms of that initiative that
you're focused on here.
406
00:21:42,960 --> 00:21:45,960
Based on that de risking, here's
how I can actually help you
407
00:21:45,960 --> 00:21:50,400
achieve what your CFO or CEO are
talking about in terms of top
408
00:21:50,400 --> 00:21:53,480
line growth, global expansion.
What are those major initiatives
409
00:21:53,480 --> 00:21:55,760
are at the top of the house that
drive the strategy of the
410
00:21:55,760 --> 00:21:58,800
organization?
If you don't do that and it's
411
00:21:58,800 --> 00:22:01,440
not interesting, it's not
relevant, what happens is you
412
00:22:01,440 --> 00:22:04,120
get delegated down to the doer
level of the organization.
413
00:22:04,120 --> 00:22:06,480
Once you're at the doer level of
the organization, like
414
00:22:06,480 --> 00:22:09,360
procurement as an example,
they'll say, look, that's real
415
00:22:09,360 --> 00:22:10,240
great.
That's right.
416
00:22:10,680 --> 00:22:12,520
How about the best price?
Yeah, you.
417
00:22:12,720 --> 00:22:15,040
Give me the best price because
everything else is above my pay
418
00:22:15,040 --> 00:22:17,400
grade.
I'm I'm incentive to squeeze you
419
00:22:17,880 --> 00:22:20,080
to get whatever price I can.
So my preach is going to be,
420
00:22:20,080 --> 00:22:22,520
hey, we like your stuff.
But five other people said they
421
00:22:22,520 --> 00:22:24,440
can do this.
What are you going to do to cut
422
00:22:24,440 --> 00:22:25,560
your price?
And all of a sudden you're in
423
00:22:25,560 --> 00:22:28,920
this commodity dust spiral
because you're being
424
00:22:28,920 --> 00:22:32,400
commoditized and kind of pushed
to to match pricing because
425
00:22:32,400 --> 00:22:36,040
nobody understands the innate
value that the old capabilities
426
00:22:36,040 --> 00:22:38,920
can drive for the organization,
which in almost all instances
427
00:22:39,120 --> 00:22:41,840
far exceeds whatever savings
they're going to try to squeeze
428
00:22:41,840 --> 00:22:43,480
out of you.
And I think that's the the
429
00:22:43,520 --> 00:22:48,960
challenge is, is changing the
the conversation around price to
430
00:22:48,960 --> 00:22:53,320
value, right like, and So what
are some specific like research
431
00:22:53,320 --> 00:22:56,800
tactics Rep can take that, you
know, to find the problem that
432
00:22:56,800 --> 00:23:00,720
the CXO just hasn't they don't
even know they have.
433
00:23:01,000 --> 00:23:05,280
So first and foremost, it's
understanding the nature of your
434
00:23:05,280 --> 00:23:08,520
organization as a sales leader
and what are all of the
435
00:23:08,520 --> 00:23:10,120
problems?
What are all the challenges you
436
00:23:10,120 --> 00:23:13,000
guys are solving?
Overall, a client is usually
437
00:23:13,000 --> 00:23:16,880
focused on a singular or a
binary set of issues because
438
00:23:16,880 --> 00:23:19,120
they're limited to their
industry, they're limited to to
439
00:23:19,120 --> 00:23:22,320
a certain certain vertical.
They've got limited kind of
440
00:23:22,320 --> 00:23:24,280
purview in terms of the things
that they're focused on.
441
00:23:24,280 --> 00:23:25,880
So they don't get to, they know
what they know.
442
00:23:25,880 --> 00:23:27,480
The problem is they don't know
what they don't know.
443
00:23:28,080 --> 00:23:31,680
Now as a sales leader, most
organizations aren't single
444
00:23:31,680 --> 00:23:34,560
threaded in, in a single
geography or a single category
445
00:23:34,560 --> 00:23:36,400
or single vertical.
So all of a sudden you have
446
00:23:36,400 --> 00:23:39,600
experiences across different
clients and different issues
447
00:23:39,600 --> 00:23:42,400
with different problem sets with
different industry verticals,
448
00:23:42,400 --> 00:23:44,400
etcetera.
And you get to see what I would
449
00:23:44,400 --> 00:23:47,200
call a, a kind of a plethora of
issues that you as an
450
00:23:47,200 --> 00:23:49,520
organization are solving.
So all of a sudden now that's
451
00:23:49,520 --> 00:23:53,200
number one, which you have
insight and variations of
452
00:23:53,200 --> 00:23:56,560
problems that you're solving as
an organization that a singular
453
00:23:56,560 --> 00:23:59,000
client will never see or will
never operate on.
454
00:23:59,000 --> 00:24:00,440
So there's some insight that's
there.
455
00:24:00,960 --> 00:24:04,440
The second thing I would suggest
is the ability to do some
456
00:24:04,600 --> 00:24:07,840
research and leveraging your AI
tool of choice, a perplexity, a
457
00:24:07,840 --> 00:24:11,760
Gemini, a gunk, whatever it is
that you use to start to assess
458
00:24:12,480 --> 00:24:15,560
a detailed set of prompts that
start to triangulate to those
459
00:24:15,560 --> 00:24:17,240
sets of problems.
So what I'm talking about would
460
00:24:17,240 --> 00:24:22,800
be things like, you know, an
example of a prompt that I've
461
00:24:22,800 --> 00:24:26,520
used in the past with my teams
is I assume a third party
462
00:24:26,520 --> 00:24:31,200
persona of a strategic partner,
like a McKinsey partner as an
463
00:24:31,200 --> 00:24:33,720
example.
So in the in the prompt, it says
464
00:24:33,920 --> 00:24:37,720
you will act like a senior
McKinsey partner in automotive
465
00:24:38,520 --> 00:24:44,160
and you're you've been hired by
Ford to figure out how the
466
00:24:44,160 --> 00:24:47,600
organization that the sales
leader belongs to can help them
467
00:24:47,600 --> 00:24:52,880
accelerate their core strategies
and mitigate their market risks.
468
00:24:53,160 --> 00:24:55,800
And then a series of kind of
drill downs that relate to the
469
00:24:55,800 --> 00:24:57,960
research you've done that says,
look, I listened to the earnings
470
00:24:57,960 --> 00:25:00,520
call, here were the three
strategies here are their
471
00:25:00,520 --> 00:25:01,800
biggest risks that they talk
about.
472
00:25:02,160 --> 00:25:06,880
So that research now informs the
nature of the prompt that you're
473
00:25:06,880 --> 00:25:09,440
going to use as you start to do
that further research.
474
00:25:09,440 --> 00:25:12,640
And what you're doing is you're
assessing public data,
475
00:25:12,640 --> 00:25:15,400
competitive data, looking at
market performance.
476
00:25:15,680 --> 00:25:18,600
It allows you to synthesize
information at a level and at a
477
00:25:18,600 --> 00:25:20,560
depth.
It takes way too long and most
478
00:25:20,560 --> 00:25:22,480
people don't have the capability
to do well.
479
00:25:22,560 --> 00:25:24,040
AI has helped change the game
for that.
480
00:25:24,320 --> 00:25:29,440
As long as you focus in on being
thoughtful and detailed with
481
00:25:29,440 --> 00:25:32,800
respect to your prompts, it can
generate a lot of good insight.
482
00:25:32,800 --> 00:25:35,480
And that insight now combines
with what you know about the
483
00:25:35,480 --> 00:25:38,880
client and that target persona,
and it becomes a way for you to
484
00:25:38,880 --> 00:25:41,200
start to really dig into those
insights overall.
485
00:25:41,440 --> 00:25:44,200
Yeah, it arms you with the right
information to make that
486
00:25:44,200 --> 00:25:46,960
compelling conversation real,
right?
487
00:25:46,960 --> 00:25:50,360
I mean, that's great.
Well, let's let's dive into a
488
00:25:50,360 --> 00:25:53,880
little bit of this concept of,
you know, the preparation and
489
00:25:53,880 --> 00:25:57,280
the strategy of things.
And I think one of the one of
490
00:25:57,280 --> 00:25:59,800
the questions I would have for
you is, you know, from an
491
00:25:59,800 --> 00:26:04,720
executive lens, Rohail, having
served as an executive at Xerox
492
00:26:04,720 --> 00:26:07,600
and Bank of America, you've seen
the high stakes pitches from
493
00:26:07,600 --> 00:26:09,960
buyers.
For the buyer side, what's the
494
00:26:09,960 --> 00:26:13,720
single biggest preparation
mistake you see sales teams make
495
00:26:13,920 --> 00:26:16,480
when they finally get that
meeting with the C-Suite?
496
00:26:17,320 --> 00:26:20,200
The biggest mistake they make is
they talk about themselves.
497
00:26:20,200 --> 00:26:22,200
They talk about their product,
they talk about their
498
00:26:22,200 --> 00:26:25,840
capability, and they're totally
ignoring the reasons why they're
499
00:26:25,840 --> 00:26:28,960
in the room.
The reason you're in the room is
500
00:26:28,960 --> 00:26:32,600
to engage the executive.
What does every C level
501
00:26:32,600 --> 00:26:35,360
executive care about?
They care about organizational
502
00:26:35,360 --> 00:26:38,360
performance, which is
accelerating the performance
503
00:26:38,360 --> 00:26:41,160
goals they have and mitigating
performance risk.
504
00:26:41,160 --> 00:26:44,120
Why do they care about that?
Because if the organization
505
00:26:44,120 --> 00:26:47,080
performs, they get paid.
It's as simple as that.
506
00:26:47,520 --> 00:26:51,400
So if you show up in the room
and it takes you 25 minutes to
507
00:26:51,400 --> 00:26:55,320
start talking about the ways you
can help me de risk performance,
508
00:26:55,640 --> 00:26:59,200
trust me, you've lost me at
minute 5 because I'm not paying
509
00:26:59,200 --> 00:27:02,920
attention.
I, I can tell you over the 25
510
00:27:02,920 --> 00:27:05,720
years that I've been AC level
exec, I see pitch after pitch
511
00:27:05,720 --> 00:27:09,960
after pitch and I'm shocked at
how infrequently the
512
00:27:09,960 --> 00:27:14,080
organizational leader who's
making the pitch focuses on the
513
00:27:14,080 --> 00:27:17,080
client first.
They focus on themselves.
514
00:27:17,080 --> 00:27:19,280
They're great product, their
footprint, their number of
515
00:27:19,280 --> 00:27:22,240
people, their, their IP,
etcetera, etcetera.
516
00:27:23,400 --> 00:27:25,120
Honestly, I don't care about
your stuff.
517
00:27:25,680 --> 00:27:28,960
I care what your stuff can do
for me in terms of accelerating
518
00:27:28,960 --> 00:27:31,440
performance and mitigating
performance risk.
519
00:27:32,120 --> 00:27:34,920
So it sounds like, yeah, that
that's, that's focus, not
520
00:27:34,920 --> 00:27:38,840
focusing on them and, and
basically not even addressing,
521
00:27:39,080 --> 00:27:42,080
you know, the, the, the big
issues that they are really
522
00:27:42,080 --> 00:27:44,560
concerned about.
I mean, waiting 25 minutes into
523
00:27:44,560 --> 00:27:47,560
a presentation to finally get to
what's important to them.
524
00:27:47,720 --> 00:27:50,000
That seems to be a long time
like you mentioned.
525
00:27:50,320 --> 00:27:53,880
And, and you know, there's this,
there's some stats on this where
526
00:27:54,960 --> 00:27:57,240
they'll pay attention, people
will pay attention like in the
527
00:27:57,240 --> 00:28:00,040
first couple minutes of a
presentation and they'll
528
00:28:00,040 --> 00:28:04,200
remember about 100% of that.
And they miss about the vast
529
00:28:04,200 --> 00:28:07,160
majority of conversation until
the very end, right?
530
00:28:07,480 --> 00:28:08,920
And then they'll remember that
part.
531
00:28:09,280 --> 00:28:12,440
But that's, that's a little bit
of this, the concept of that,
532
00:28:12,440 --> 00:28:17,040
the hammock storytelling, you
know, process you described in,
533
00:28:17,040 --> 00:28:19,680
in your presentations during the
sales training.
534
00:28:19,680 --> 00:28:22,680
But, and it does resonate with
you because you want to have a
535
00:28:22,680 --> 00:28:25,800
really good, compelling
conversation and, and why the
536
00:28:25,800 --> 00:28:28,640
company should consider you and
you understand their business,
537
00:28:29,760 --> 00:28:31,440
the whole explanation of how
you're going to do that.
538
00:28:31,440 --> 00:28:33,960
That's kind of when they go, oh,
I don't know, this sounds great.
539
00:28:33,960 --> 00:28:36,920
And then at the end, you better
hit them with, here's the most
540
00:28:36,920 --> 00:28:40,840
important part.
And, and I think you need to, we
541
00:28:40,840 --> 00:28:44,360
need to be able to phrase and
prepare our presentations that
542
00:28:44,360 --> 00:28:45,960
way.
It is.
543
00:28:46,360 --> 00:28:49,000
I'll tell you the you said
something is really important,
544
00:28:49,000 --> 00:28:51,320
right?
The inability to align to the
545
00:28:51,320 --> 00:28:54,680
priorities that an organization
has is one of the biggest
546
00:28:54,680 --> 00:28:56,640
sources of failure.
It's not hard to find that
547
00:28:56,640 --> 00:28:58,720
information.
Literally a minute of Googling
548
00:28:59,160 --> 00:29:01,200
and a minute of research will
give you that information.
549
00:29:01,200 --> 00:29:04,760
So there's no excuse for
situations that where I'm
550
00:29:04,760 --> 00:29:07,080
sitting across the table from a
sales leader and they say, hey,
551
00:29:07,280 --> 00:29:09,200
we'd love to help you out.
What are your biggest problems?
552
00:29:09,200 --> 00:29:10,840
What are your strategies?
What are your priorities?
553
00:29:11,160 --> 00:29:13,720
Don't go in there with that
question because it's like you
554
00:29:13,840 --> 00:29:16,920
already know that information.
I mean, that's a train wreck set
555
00:29:16,920 --> 00:29:19,880
of questions because what that
tells me as a sales leader, as
556
00:29:19,920 --> 00:29:23,240
as an executive is you're
totally unprepared and you want
557
00:29:23,240 --> 00:29:25,680
me to do your job.
Yeah, OK, that's good.
558
00:29:26,280 --> 00:29:28,520
All right, well, here's here's
another one here, here's another
559
00:29:28,520 --> 00:29:31,760
great.
I think the you phrasing as a
560
00:29:31,760 --> 00:29:34,320
weapon.
This one I really when I, you
561
00:29:34,920 --> 00:29:37,800
know, start thinking about it,
it is something that I think
562
00:29:38,160 --> 00:29:40,480
really transforms a
conversation.
563
00:29:40,720 --> 00:29:45,280
So you advocate for you phrasing
to transfer ownership to the
564
00:29:45,280 --> 00:29:47,400
buyer.
How does changing we can help
565
00:29:47,400 --> 00:29:52,680
you to what you'll be able to do
fundamentally change the power
566
00:29:52,680 --> 00:29:55,480
dynamic at the at the C-Suite
pitch well it.
567
00:29:56,800 --> 00:30:00,400
Oh, important one, it's a, it's
a slight nuance, but it's an
568
00:30:00,400 --> 00:30:03,400
important distinction because
what it does is it starts to
569
00:30:03,400 --> 00:30:08,000
paint the picture of how the
organizational performance can
570
00:30:08,000 --> 00:30:11,200
benefit, be benefited or
accelerated or the risk
571
00:30:11,200 --> 00:30:14,000
mitigated in an environment
where I now I'm starting to
572
00:30:14,000 --> 00:30:16,240
visualize what is it going to
look like?
573
00:30:16,240 --> 00:30:18,720
How's it going to feel for my
best customers or my
574
00:30:18,720 --> 00:30:22,000
constituents or whoever the
stakeholders are that I serve as
575
00:30:22,000 --> 00:30:24,240
an industry?
Because now I'm starting to
576
00:30:24,240 --> 00:30:27,640
visualize what that looks like
and what that performance is
577
00:30:27,640 --> 00:30:30,320
going to be and the contrast
between what it's going to be
578
00:30:30,520 --> 00:30:33,680
versus what it is.
That's the thing that starts to
579
00:30:33,680 --> 00:30:36,440
gain energy and starts to gain
alignment.
580
00:30:36,440 --> 00:30:38,520
It's, Oh my God, look at the
challenges we're dealing with
581
00:30:38,520 --> 00:30:40,560
now.
But it can be like this, which
582
00:30:40,560 --> 00:30:43,480
is exactly what we're trying to
achieve or exactly what we use
583
00:30:43,640 --> 00:30:45,560
as a leadership team we're
trying to drive overall.
584
00:30:45,560 --> 00:30:49,480
So that that slight change in
framing allows me to start the
585
00:30:49,480 --> 00:30:53,320
channel and visualize what it is
that's going to happen versus
586
00:30:53,320 --> 00:30:57,520
the same old me we pitch that
everybody else is going to have
587
00:30:57,520 --> 00:31:00,400
when they follow in, you know, 3
sales leaders will follow.
588
00:31:00,400 --> 00:31:02,720
You are going to say,
effectively, we're trying to say
589
00:31:02,760 --> 00:31:05,800
a lot of the same thing.
Yeah, by by using this
590
00:31:05,800 --> 00:31:10,280
application or this product, you
will be able to da, da, da, da,
591
00:31:10,560 --> 00:31:13,840
you can take advantage of, you
know, the efficiency da, da, da,
592
00:31:13,840 --> 00:31:15,680
right.
I mean, that's kind of the put
593
00:31:15,680 --> 00:31:17,400
them in the driver's seat
concept.
594
00:31:17,400 --> 00:31:20,960
I really like that and changing
those words just I think they do
595
00:31:20,960 --> 00:31:23,000
psychologically make a big
difference.
596
00:31:23,720 --> 00:31:26,720
They do because what it does is
it puts them back in the
597
00:31:26,720 --> 00:31:31,680
position of being able to drive
the execution focus in a way
598
00:31:31,680 --> 00:31:32,960
that today they won't be able
to.
599
00:31:33,680 --> 00:31:35,640
Right, right, right.
OK.
600
00:31:35,640 --> 00:31:40,120
Here's another pivot I think
that salespeople may not get or
601
00:31:40,120 --> 00:31:42,680
recognize on time and it's too
late.
602
00:31:43,000 --> 00:31:46,360
The EBITDA pivot.
What Most reps talk about
603
00:31:46,360 --> 00:31:50,840
efficiency and productivity, but
when should a sale, a seller
604
00:31:50,840 --> 00:31:53,960
stop talking about technical
features and pivot to the
605
00:31:53,960 --> 00:31:58,600
conversation towards EBITDA?
You know cash flow, You know the
606
00:31:58,600 --> 00:32:01,600
market expansion.
Well, I'll tell you, they should
607
00:32:01,600 --> 00:32:04,400
always be focused on that
because when you start talking
608
00:32:04,400 --> 00:32:06,320
feature, I call it speeds and
feeds.
609
00:32:06,400 --> 00:32:09,600
When you talk speeds and feeds,
you're focusing down into the
610
00:32:09,600 --> 00:32:11,160
organization.
You're focusing at the door
611
00:32:11,160 --> 00:32:14,320
level because the executives
aren't the ones using the
612
00:32:14,320 --> 00:32:17,080
dashboards or the Mac or the
products or the services.
613
00:32:17,320 --> 00:32:19,920
So when you talk speeds and
feeds, you automatically are
614
00:32:19,920 --> 00:32:23,720
under leveling at the, at the
level of the CXO.
615
00:32:23,880 --> 00:32:25,760
So they're going to push you
down and you get stuck.
616
00:32:26,040 --> 00:32:29,800
So when talking to a CXO, never
lead with the how because that's
617
00:32:29,800 --> 00:32:32,640
speeds and feeds.
What you want to focus on are
618
00:32:32,640 --> 00:32:34,880
the biggest risk.
They have the biggest
619
00:32:34,880 --> 00:32:36,120
initiatives that they're focused
on.
620
00:32:36,120 --> 00:32:37,960
That's the what and the why of
the conversation.
621
00:32:38,080 --> 00:32:41,840
If you, if you engage me in the
what and the why, then you get
622
00:32:41,840 --> 00:32:45,080
directed down to my team that
I'm going to send you to.
623
00:32:45,560 --> 00:32:48,640
But all of a sudden I as the
executive, I have contacts and I
624
00:32:48,640 --> 00:32:50,880
understand what the biggest
risks are and I'll stay
625
00:32:50,880 --> 00:32:54,760
connected to that directive that
I've given you within the
626
00:32:54,760 --> 00:32:58,280
organization that I have.
It's always best to go with the
627
00:32:58,280 --> 00:33:01,920
C level executive and get
directed down to the doors.
628
00:33:02,480 --> 00:33:06,240
Then start at the doer level and
try to work your way up, because
629
00:33:06,240 --> 00:33:09,680
that's a That's a futile effort.
Yeah, because like the lower
630
00:33:09,680 --> 00:33:14,600
level management teams, they
just don't have the stroke to
631
00:33:14,960 --> 00:33:18,880
get that service or that
decision to the higher level
632
00:33:18,880 --> 00:33:20,920
CEO.
They don't Now a lot of them
633
00:33:20,920 --> 00:33:23,000
think that they have a lot more
influence than they have.
634
00:33:23,640 --> 00:33:25,760
I'll tell you and for your
listeners, I'm sure everybody
635
00:33:25,760 --> 00:33:29,120
can think about situations where
they're they're talking to the
636
00:33:29,120 --> 00:33:31,240
doers in the organization.
All of a sudden the doer says,
637
00:33:31,320 --> 00:33:33,040
Oh my God, and some dumb
decision happened.
638
00:33:33,040 --> 00:33:35,680
We have no idea why the the
executives made that call.
639
00:33:35,680 --> 00:33:38,560
They changed this vendor.
They made this strategy because
640
00:33:38,560 --> 00:33:42,360
they're not purview to what the
business performance execution
641
00:33:42,360 --> 00:33:45,120
challenges are and need to be
there at the doer level.
642
00:33:45,120 --> 00:33:49,840
They're just, they're executing
and, and, and executors or
643
00:33:49,840 --> 00:33:52,440
doers, they're insulated from a
lot of that risk the
644
00:33:52,440 --> 00:33:54,440
organization has in a lot of
instances.
645
00:33:54,880 --> 00:33:59,720
And so that you're just when
you're talking, as I've shared
646
00:33:59,720 --> 00:34:02,960
with my teams over the years,
when you talk speeds and feeds
647
00:34:03,400 --> 00:34:05,920
and you expect major decisions
to be made, you're talking to
648
00:34:05,920 --> 00:34:07,560
the right level and you're
usually talking to the right,
649
00:34:07,560 --> 00:34:10,480
wrong person.
Yeah, exactly.
650
00:34:10,480 --> 00:34:16,159
I mean, I think a lot of times
sales people, they get stuck in,
651
00:34:16,239 --> 00:34:18,840
you know, the arbitrary glass
ceiling, so to speak.
652
00:34:18,840 --> 00:34:21,480
You know, they've got a great
relationship with the
653
00:34:21,880 --> 00:34:25,120
procurement manager or the, you
know, some of the OPS managers
654
00:34:25,120 --> 00:34:28,960
or local presidents or whatever.
But they can never break into
655
00:34:29,040 --> 00:34:33,000
that next level.
And for a lot of reasons,
656
00:34:33,000 --> 00:34:35,320
they're, they're, they're
sometimes they're kind of
657
00:34:35,639 --> 00:34:38,080
blocked, right?
I mean, they are not going to
658
00:34:38,080 --> 00:34:43,600
get it because they those people
don't want you to have access to
659
00:34:43,600 --> 00:34:47,840
the CEO or the CFO.
What would you say or how would
660
00:34:47,840 --> 00:34:52,600
you break that cycle or that you
know that dynamic so you can
661
00:34:52,600 --> 00:34:55,639
actually get in front of the CEO
and CFO?
662
00:34:56,000 --> 00:34:58,240
What tactics would you recommend
for that?
663
00:34:58,480 --> 00:35:01,240
Yeah, Firstly, I think it's
important for everybody to
664
00:35:01,240 --> 00:35:03,440
recognize and I've shared this
with my team for decades.
665
00:35:03,440 --> 00:35:06,920
I said never be confused that
you're pitching to the person
666
00:35:06,920 --> 00:35:08,520
across the table from you,
because you're not.
667
00:35:09,040 --> 00:35:12,080
You're building a story for two
people in the organization, the
668
00:35:12,080 --> 00:35:14,920
CEO and the CFO.
So what that means is you're
669
00:35:14,920 --> 00:35:17,640
always kind of levelling up the
conversation.
670
00:35:17,640 --> 00:35:20,720
So if I'm talking to the head of
procurement, procurement doesn't
671
00:35:20,720 --> 00:35:22,920
own performance, They don't own
revenue, they don't own
672
00:35:22,920 --> 00:35:25,560
retention, they don't own
engagement, they don't own any
673
00:35:25,560 --> 00:35:28,240
metric of performance that's
talked about on an earnings
674
00:35:28,240 --> 00:35:29,280
call.
But let's say you've got a great
675
00:35:29,280 --> 00:35:31,000
relationship with the chief
procurement officer.
676
00:35:31,320 --> 00:35:35,080
What you want to do is Telegraph
a conversation that's going to
677
00:35:35,080 --> 00:35:37,080
be relevant to the CEO and the
CFO.
678
00:35:37,640 --> 00:35:40,720
Then all of a sudden, now the
chief procurement officer can be
679
00:35:40,720 --> 00:35:43,440
the hero or the hero and of the
story with to help the
680
00:35:43,440 --> 00:35:47,240
organization perform.
Now, if you're lucky enough to
681
00:35:47,240 --> 00:35:50,520
have a chief procurement officer
who has some decent business
682
00:35:50,520 --> 00:35:53,160
chops, then you can guide them
through the conversation you
683
00:35:53,160 --> 00:35:54,720
need to have.
But you're, you're kind of
684
00:35:54,720 --> 00:35:58,360
always telegraphing up and
telegraphing that messaging up
685
00:35:58,360 --> 00:36:00,760
to the CEO and the CFO.
So now it's a capable
686
00:36:01,320 --> 00:36:03,240
procurement officer is available
to you.
687
00:36:03,600 --> 00:36:06,480
He or she can then be the
conduit through which that story
688
00:36:06,480 --> 00:36:08,360
is told.
But it's your story as an
689
00:36:08,360 --> 00:36:11,640
organization, you're enabling
them to get great visibility.
690
00:36:12,320 --> 00:36:15,720
The problem is, yeah, the
problem is those types of
691
00:36:15,720 --> 00:36:17,800
people, unfortunately are few
and far between.
692
00:36:18,320 --> 00:36:20,560
So they're going to, as you
said, appropriately, they're
693
00:36:20,560 --> 00:36:25,440
going to either purposefully or
just innately block your access
694
00:36:25,440 --> 00:36:27,840
because they don't realize
they're doing it because they're
695
00:36:27,880 --> 00:36:30,240
either insecure or they want to
make sure they're the gatekeeper
696
00:36:30,240 --> 00:36:31,960
that all of the knowledge flows
through.
697
00:36:32,640 --> 00:36:35,440
So what you've got to do then is
leverage your executive team to
698
00:36:35,440 --> 00:36:38,600
do some kind of a top to top
kind of conversation where you
699
00:36:38,600 --> 00:36:41,520
protect the relationship you
have with that executive that
700
00:36:41,520 --> 00:36:44,720
you're dealing with and you have
your executives come across the
701
00:36:44,720 --> 00:36:47,040
top.
But I like what you mentioned
702
00:36:47,040 --> 00:36:51,080
there about, you know, always
projecting up that vision or
703
00:36:51,080 --> 00:36:54,360
that strategy in your
presentation.
704
00:36:55,560 --> 00:36:58,160
And I think it, you know, where
it really comes to play in is
705
00:36:58,160 --> 00:37:01,080
maybe you're putting together a
large proposal, multi
706
00:37:01,080 --> 00:37:05,560
$1,000,000, you know, proposal
for a large, you know, RFP And
707
00:37:06,040 --> 00:37:08,720
you know, the proposals come
comes to you and, and they're do
708
00:37:08,720 --> 00:37:11,400
they want price, they want your
level of service, they want the
709
00:37:11,400 --> 00:37:14,720
typical capabilities that you
can, you can offer.
710
00:37:15,280 --> 00:37:19,440
But in that, you know, I think
those proposals, that's where I
711
00:37:19,440 --> 00:37:22,840
think what you're suggesting is
start to communicate in there
712
00:37:23,120 --> 00:37:26,440
what is important to the CEO,
what is important to the CFO.
713
00:37:26,440 --> 00:37:30,120
Because if you do that, then at
some point when those proposals
714
00:37:30,120 --> 00:37:32,600
are going to be reviewed and
they all will at some point at
715
00:37:32,600 --> 00:37:36,800
certain levels of sign off,
right, then, you know, the CEO
716
00:37:36,800 --> 00:37:41,200
or CFO will eventually probably
actually look at a proposal that
717
00:37:41,200 --> 00:37:45,200
comes through that's that level
in that size because they're so
718
00:37:45,200 --> 00:37:46,600
expensive.
That's a big deal.
719
00:37:46,600 --> 00:37:49,720
It's a big decision.
And the procurement officer
720
00:37:49,720 --> 00:37:55,520
won't have a lot of ability to
control the narrative enough
721
00:37:55,520 --> 00:37:58,680
because someone's going to have
to read it, you know, above him.
722
00:37:59,400 --> 00:38:02,760
I think that's important
conversation to think about when
723
00:38:02,760 --> 00:38:05,800
you're doing these proposals
because that would be a great
724
00:38:05,800 --> 00:38:08,960
way to, if you're not, if you're
struggling to get to the CEO,
725
00:38:09,680 --> 00:38:12,760
you can get through possibly
through that process.
726
00:38:13,040 --> 00:38:15,200
Yeah, no, you can.
There's no question about it.
727
00:38:15,200 --> 00:38:19,040
You always have to challenge
your own thinking as a sales
728
00:38:19,040 --> 00:38:22,120
leader to say and, and, and
there's a simple litmus test
729
00:38:22,120 --> 00:38:24,080
question I've shared with my
teams over the years.
730
00:38:24,080 --> 00:38:28,200
I said, and it's, it's 5 seconds
of reflection that saves months
731
00:38:28,200 --> 00:38:30,240
and months of heartache.
And it's as simple as this.
732
00:38:30,240 --> 00:38:33,680
Before you pitch, before you
send an e-mail, before you sit
733
00:38:33,680 --> 00:38:37,600
in a finalist conversation, play
through the the, the talk track
734
00:38:37,600 --> 00:38:40,200
you're about to share or the
e-mail which you're about to
735
00:38:40,200 --> 00:38:42,280
share and ask yourself a very
simple question.
736
00:38:42,520 --> 00:38:45,440
And that's as follows.
Can my competitor say the same
737
00:38:45,440 --> 00:38:47,480
thing?
If the competitor can say the
738
00:38:47,480 --> 00:38:49,960
same thing, you're nowhere near
as differentiated as you think
739
00:38:49,960 --> 00:38:52,000
you are.
And it's, it's going to come
740
00:38:52,000 --> 00:38:55,120
across like everybody else that
says everything that's that you
741
00:38:55,120 --> 00:38:56,960
want to say or is already saying
what you're said.
742
00:38:57,360 --> 00:38:59,120
So you're not differentiated at
all.
743
00:38:59,200 --> 00:39:00,760
And if you're not
differentiated, you're not
744
00:39:00,760 --> 00:39:02,400
memorable.
If you're not memorable, you're
745
00:39:02,400 --> 00:39:06,080
not going to win.
Yeah, no, that's a great point.
746
00:39:06,080 --> 00:39:07,960
That's a real good point.
Well, when you're trying to
747
00:39:07,960 --> 00:39:11,760
close business and you know,
you're trying to, you're trying
748
00:39:11,760 --> 00:39:15,160
to figure out where the value
gap is with your
749
00:39:15,160 --> 00:39:18,000
differentiation, you know, in
the market.
750
00:39:18,120 --> 00:39:20,160
Let's talk about this a little
bit, if we could.
751
00:39:20,400 --> 00:39:22,840
The value gap or the value
wedge?
752
00:39:23,240 --> 00:39:27,800
Corporate Visions defines the
value edge as the intersection
753
00:39:27,920 --> 00:39:30,880
of customer needs and your
unique defensible
754
00:39:30,880 --> 00:39:34,520
differentiation.
How do reps typically fail when
755
00:39:34,520 --> 00:39:37,880
trying to identify their power
position in that wedge?
756
00:39:38,560 --> 00:39:42,040
The the biggest reason they fail
is again, they make it about
757
00:39:42,040 --> 00:39:44,440
their own stuff.
They make it about the speeds
758
00:39:44,440 --> 00:39:47,280
and feeds conversation because,
you know, let's say you're
759
00:39:47,280 --> 00:39:51,120
talking AI tools.
Well, is it Chachi BT?
760
00:39:51,120 --> 00:39:52,960
Is it open AI?
Is it Gemini?
761
00:39:52,960 --> 00:39:56,360
Is it perplexity?
All of these tools have a lot of
762
00:39:56,360 --> 00:39:59,000
similar capabilities.
There's differences in nuances,
763
00:39:59,040 --> 00:40:03,000
models, but the uninformed buyer
doesn't know the technical
764
00:40:03,000 --> 00:40:05,680
differences that exist.
That's not something that
765
00:40:05,680 --> 00:40:09,240
they'll be able to speak to.
But what they need to be able to
766
00:40:09,240 --> 00:40:13,360
do in terms of the value edge is
understand that value edge is a
767
00:40:13,360 --> 00:40:17,200
lens that's squarely on your
client, executive and their
768
00:40:17,200 --> 00:40:20,320
organization, not on you.
The mistake people make is,
769
00:40:20,560 --> 00:40:22,720
well, my value is based on our
capability.
770
00:40:22,720 --> 00:40:25,160
It's not.
It's based on what your
771
00:40:25,160 --> 00:40:28,440
capabilities can do to
accelerate the performance of
772
00:40:28,440 --> 00:40:31,360
your client and mitigate those
critical risks that they're
773
00:40:31,360 --> 00:40:33,560
trying to navigate, those that
they see or don't even see.
774
00:40:34,280 --> 00:40:36,160
That's the way you articulate
value.
775
00:40:36,400 --> 00:40:38,880
It's not about you or your
product.
776
00:40:39,080 --> 00:40:42,960
It's about performance and it's
about accelerating or mitigating
777
00:40:42,960 --> 00:40:46,640
the risks or the opportunities
if it's good or bad that you
778
00:40:46,640 --> 00:40:51,080
have the ability to impact.
That's powerful, that's really
779
00:40:51,080 --> 00:40:52,720
good.
That's a good thought process.
780
00:40:52,720 --> 00:40:54,920
I mean, I mean, that's, that's
gold right there.
781
00:40:55,240 --> 00:40:58,800
You know, when you're trying to
close these value or the value
782
00:40:58,800 --> 00:41:02,440
gap and you're presenting your
differentiators, some of the
783
00:41:02,440 --> 00:41:08,440
ways you do that is through
storytelling and talk about, you
784
00:41:08,440 --> 00:41:11,920
know, making the customer the
hero in the journey while you
785
00:41:11,920 --> 00:41:15,240
act as the mentor.
You know, in the practical sense
786
00:41:15,240 --> 00:41:20,160
of how does you phrasing bridge
the emotional gap between a dry
787
00:41:20,160 --> 00:41:21,960
business case and a compelling
vision?
788
00:41:22,720 --> 00:41:25,400
When you make it about you, what
you're doing is you're making it
789
00:41:25,400 --> 00:41:27,240
personal.
You're making it about the
790
00:41:27,280 --> 00:41:30,560
things that that executive owns,
the initiatives that they're
791
00:41:30,560 --> 00:41:32,600
accountable for, the performance
that they're going to be
792
00:41:32,600 --> 00:41:34,280
measured on.
That's what gets their
793
00:41:34,280 --> 00:41:37,080
attention.
Otherwise, if it's not about me
794
00:41:37,200 --> 00:41:39,960
and my performance or the
organizational performance that
795
00:41:39,960 --> 00:41:43,160
I lead, then it's easy for me to
disconnect and it's easy for
796
00:41:43,160 --> 00:41:46,200
things to sound like they're not
very important because then it's
797
00:41:46,200 --> 00:41:48,600
a priority prioritization
discussion for me, right?
798
00:41:48,840 --> 00:41:51,000
I know as an executive the
things that are going to move
799
00:41:51,240 --> 00:41:53,880
the organizational performance
because I also know the things
800
00:41:53,880 --> 00:41:57,480
that move my comp, right?
There's a very Direct Line
801
00:41:57,480 --> 00:42:00,360
between organizational
performance and executive
802
00:42:00,360 --> 00:42:03,400
compensation.
And shockingly, executives
803
00:42:03,400 --> 00:42:05,120
behave like they're compensated
to behave.
804
00:42:05,120 --> 00:42:08,600
No big surprise there.
Just like everybody, you know
805
00:42:08,600 --> 00:42:12,480
that that that watches these
sessions, they're all sales
806
00:42:12,480 --> 00:42:14,280
leaders that know exactly how
they're comped.
807
00:42:14,560 --> 00:42:16,840
And that behavior is going to be
determined by that comp
808
00:42:16,840 --> 00:42:19,320
structure.
And so that value wedge and that
809
00:42:19,320 --> 00:42:23,240
you framing has to be aligned to
the things that drive value for
810
00:42:23,240 --> 00:42:26,600
the organization, which by
default enables that C level
811
00:42:26,600 --> 00:42:29,240
executive to gain the
compensation that they're owed.
812
00:42:29,880 --> 00:42:31,160
Yeah, no, that that's really
good.
813
00:42:31,160 --> 00:42:35,440
So weaving in some some stories
about, you know, how they're
814
00:42:35,440 --> 00:42:40,400
going to be able to be the hero
by solving these problems are
815
00:42:40,400 --> 00:42:43,440
are really good.
That's really good to put them
816
00:42:43,440 --> 00:42:45,880
in that position when they're
listening to how this is going
817
00:42:45,880 --> 00:42:47,960
to help them achieve their
goals.
818
00:42:48,200 --> 00:42:50,120
Not your goals, their goals,
right?
819
00:42:50,120 --> 00:42:52,760
It's always about them, not
about us, right?
820
00:42:52,760 --> 00:42:57,960
We got to remember that the
decision making process is quite
821
00:42:57,960 --> 00:43:00,840
complex when you think about it.
There's lots of elements of the
822
00:43:00,840 --> 00:43:03,920
decision making process.
And I think what's interesting
823
00:43:03,920 --> 00:43:06,560
about this is, you know,
there's, there's, there's
824
00:43:06,560 --> 00:43:09,040
emotion involved, there's a
logic involved, There's all
825
00:43:09,040 --> 00:43:11,600
kinds of things about maybe if
you could talk a little bit
826
00:43:11,600 --> 00:43:16,680
about what sellers need to
understand and what tactics can
827
00:43:16,680 --> 00:43:20,000
they use to close a deal through
understanding these elements of
828
00:43:20,000 --> 00:43:23,080
decision making.
I'll tell you at the executive
829
00:43:23,080 --> 00:43:26,960
level, the most important thing,
and it's a simple thing, but
830
00:43:26,960 --> 00:43:29,760
it's a thing that's ignored
almost all the time,
831
00:43:29,760 --> 00:43:34,760
unfortunately, is you have to
anchor on the biggest risk that
832
00:43:34,760 --> 00:43:37,880
is going to impact the
performance of that executive in
833
00:43:37,880 --> 00:43:41,040
the context of the
organizational accountabilities
834
00:43:41,040 --> 00:43:43,320
that they have.
It's the most important thing
835
00:43:43,320 --> 00:43:46,480
because risk is the only thing
that gets elevated up in terms
836
00:43:46,480 --> 00:43:48,640
of importance.
Everything else will get
837
00:43:48,640 --> 00:43:52,960
delegated and pushed out.
You know, if there's and, and
838
00:43:52,960 --> 00:43:55,880
that risk is the most important
thing because the risk is the
839
00:43:55,880 --> 00:43:59,000
one thing that can derail an
earnings call.
840
00:43:59,000 --> 00:44:01,760
It can derail performance of an
organization, it can derail a
841
00:44:01,760 --> 00:44:05,040
career.
If I'm an executive and it took
842
00:44:05,040 --> 00:44:09,080
me 25 years to get to that role,
my goal is to stay in that role.
843
00:44:09,600 --> 00:44:12,320
And what that means is I got to
manage all of the risks that I
844
00:44:12,320 --> 00:44:15,800
see and those that I don't see.
So I got to depend on strategic
845
00:44:15,800 --> 00:44:17,560
partners to help me see the
unseen.
846
00:44:18,640 --> 00:44:22,960
So understanding those risks are
key in this process, but when
847
00:44:22,960 --> 00:44:26,320
you're, you know, kind of when
you're presenting what you can
848
00:44:26,320 --> 00:44:29,640
do to help them manage those
risk, you're really hitting on
849
00:44:29,640 --> 00:44:32,640
like their emotions, like, you
know, because it's a decision
850
00:44:32,640 --> 00:44:35,200
they got to deal with.
You also, you know, you want to
851
00:44:35,200 --> 00:44:38,880
like, I guess contrast the, you
know, the positive, negative
852
00:44:38,880 --> 00:44:42,840
things or show some visuals that
to make them think like, because
853
00:44:42,840 --> 00:44:45,360
there's a journey they have to
go through to make a ultimate
854
00:44:45,360 --> 00:44:47,440
decision.
This isn't just like, OK, yeah,
855
00:44:47,440 --> 00:44:48,840
I'd like your product.
I'm done.
856
00:44:49,040 --> 00:44:51,880
No, you there's a little more
process involved to to make
857
00:44:51,880 --> 00:44:54,920
somebody really feel like, OK,
they want to make that decision.
858
00:44:54,920 --> 00:44:58,280
And I think there's a lot of
elements in that showing them
859
00:44:58,560 --> 00:45:01,440
the path to to success is how to
do it right.
860
00:45:02,160 --> 00:45:03,760
There's no question about it.
And you touched on something
861
00:45:03,760 --> 00:45:06,360
that's important.
It's the contrast between the
862
00:45:06,360 --> 00:45:09,080
environment that they're
currently operating in and the
863
00:45:09,080 --> 00:45:12,520
environment they aspire to be in
some point in the future.
864
00:45:12,960 --> 00:45:17,280
That sales leader has to be
helping them understand that the
865
00:45:17,280 --> 00:45:22,840
challenges of today are so
egregiously difficult and you
866
00:45:22,840 --> 00:45:25,560
can't stand still because the
Mack truck is coming.
867
00:45:25,800 --> 00:45:28,560
And if you're standing still,
it's going to be, it's not going
868
00:45:28,560 --> 00:45:30,680
to be pretty.
So what you've got to do is
869
00:45:30,680 --> 00:45:32,560
you've got to demonstrate some
motion.
870
00:45:32,800 --> 00:45:35,880
Most clients don't know what
that motion is or needs to be
871
00:45:35,880 --> 00:45:37,800
because maybe they've never done
it before.
872
00:45:38,080 --> 00:45:40,360
And that's where your sales
pitch and it goes to your point
873
00:45:40,360 --> 00:45:43,040
around the visual.
It's describing whether it's a
874
00:45:43,040 --> 00:45:46,040
story or a visual.
Here's what it looks like today
875
00:45:46,040 --> 00:45:49,240
for your, your consider let's
say you're, let's say you're
876
00:45:49,240 --> 00:45:52,560
talking to a hospital and you're
talking about new technology
877
00:45:52,560 --> 00:45:55,080
that's going to drive better
patient engagement and patient
878
00:45:55,080 --> 00:45:56,360
care.
You don't want to talk about,
879
00:45:56,360 --> 00:45:59,360
hey, we got a cool portal and we
got these cool little chat bots.
880
00:45:59,680 --> 00:46:02,240
No, you want to talk Here's what
your patient deals with today.
881
00:46:02,240 --> 00:46:04,960
They'd spend 5 months trying to
get an appointment.
882
00:46:04,960 --> 00:46:08,080
Then you come into the doctor's
office and they got 900 pages
883
00:46:08,080 --> 00:46:10,640
that they got to fill out on a,
on a, you know, flip chart
884
00:46:10,640 --> 00:46:13,440
somewhere and.
And then they get passed on to
885
00:46:13,440 --> 00:46:16,680
their friend and their friend
and their other doctor friend
886
00:46:16,680 --> 00:46:19,000
before they finally get to the
person's going to help them.
887
00:46:19,200 --> 00:46:21,000
There you go.
And then so that's that's the
888
00:46:21,000 --> 00:46:22,800
current environment, the status
of our current.
889
00:46:23,360 --> 00:46:25,080
Health care system, right?
There, well, there you go.
890
00:46:25,280 --> 00:46:27,960
And and that's any executive
understands because they've all
891
00:46:27,960 --> 00:46:31,800
been patients, they can identify
with that situational context.
892
00:46:32,120 --> 00:46:36,320
And then you paint the picture
of in the new world or post this
893
00:46:36,360 --> 00:46:39,160
effort, here's what patient
engagement is going to be.
894
00:46:39,160 --> 00:46:41,560
It's going to be an automatic
outreach to them.
895
00:46:42,640 --> 00:46:43,920
Appointments already going to be
set.
896
00:46:43,920 --> 00:46:46,480
We know they like coming in on a
Saturday morning or a Friday
897
00:46:46,480 --> 00:46:48,760
afternoon.
That's the intelligence of the
898
00:46:48,760 --> 00:46:51,840
system that now is going to
preemptively engage that
899
00:46:51,840 --> 00:46:55,480
patient, route them directly to
that physician or a clinical
900
00:46:55,480 --> 00:46:58,600
care office that is going to be
aligned to their knee.
901
00:46:59,320 --> 00:47:02,920
But it's at contrast in what
happens that becomes memorable
902
00:47:02,920 --> 00:47:05,080
because they got to go back to
the example of your chief
903
00:47:05,080 --> 00:47:07,040
procurement officer.
He doesn't know anything about
904
00:47:07,040 --> 00:47:09,440
patient care.
That's not his job, but he can
905
00:47:09,440 --> 00:47:12,680
easily tell that story.
You can easily you connect with
906
00:47:12,680 --> 00:47:15,240
executives they here's how
different that's going to be.
907
00:47:15,520 --> 00:47:17,400
Yeah, and you've emotionally
connected with them at that
908
00:47:17,400 --> 00:47:19,480
point too, in that scenario.
That's really good.
909
00:47:19,520 --> 00:47:24,040
You know, another another way
that you described the buying of
910
00:47:24,080 --> 00:47:27,920
a of a product and services and
reason why you're helping them
911
00:47:28,000 --> 00:47:30,680
kind of address a risk or and
mitigate something.
912
00:47:31,040 --> 00:47:34,680
There's this concept of
leveraging the prospect theory
913
00:47:34,680 --> 00:47:39,440
and, and it's this Nobel Prize
winner, Daniel Common conman.
914
00:47:40,240 --> 00:47:45,360
He found that people value
avoiding a loss twice as much as
915
00:47:45,360 --> 00:47:48,240
an equivalent gain.
And how should a seller
916
00:47:48,240 --> 00:47:53,240
articulate the cost of inaction
and tap into the psychology
917
00:47:53,240 --> 00:47:56,960
without surrounding, you know,
sounding overly negative if
918
00:47:56,960 --> 00:48:01,240
presenting inaction is, you
know, not the best?
919
00:48:01,240 --> 00:48:03,120
And that's why you want to make
this decision.
920
00:48:03,640 --> 00:48:06,680
Yeah, it's a great point.
And Daniel Kahneman viewed this.
921
00:48:06,720 --> 00:48:09,560
In fact, he was a sociologist
that won the Nobel Prize in
922
00:48:09,560 --> 00:48:11,320
economics.
But because of that decision
923
00:48:11,320 --> 00:48:13,960
theory focus and there's
research was very much focused
924
00:48:13,960 --> 00:48:17,440
on a simple truth.
They said, look, risk is
925
00:48:17,440 --> 00:48:21,680
immediate, so you get compelling
interaction immediately.
926
00:48:22,480 --> 00:48:28,000
An opportunity or a future event
is at some point into the
927
00:48:28,000 --> 00:48:29,520
future.
It may never happen.
928
00:48:29,520 --> 00:48:31,320
If it happens, it could be
protracted.
929
00:48:31,840 --> 00:48:35,480
So the sense of loss is
associated with risk, which is
930
00:48:35,480 --> 00:48:38,480
immediate.
The opportunity of a gain is
931
00:48:38,480 --> 00:48:41,680
some point into the future.
If I'm an executive, I'm I may
932
00:48:41,680 --> 00:48:44,600
not be around to get that gain 3
years from now, or two years
933
00:48:44,600 --> 00:48:48,520
from now, or even 6 months from
now if I don't manage the risks
934
00:48:48,720 --> 00:48:50,640
that are immediate.
So what would that?
935
00:48:50,640 --> 00:48:52,120
Look like.
What would that look?
936
00:48:52,120 --> 00:48:54,760
Like Rohil, when you when you if
you're going to present that,
937
00:48:54,760 --> 00:48:57,520
it's kind of a scenario.
Do you have an example of what
938
00:48:57,520 --> 00:49:00,280
that could sound like to?
You know customer.
939
00:49:00,680 --> 00:49:03,040
So I'll, I'll tell you.
So you know, I, I do a lot of
940
00:49:03,040 --> 00:49:05,360
work in banking.
So let's look at a situation
941
00:49:05,360 --> 00:49:07,080
with, you know, wealth
management.
942
00:49:07,360 --> 00:49:11,800
So today, if you look at the
data just in the US, the baby
943
00:49:11,800 --> 00:49:15,960
boomer segment of the US is has
somewhere between 80 to $83
944
00:49:15,960 --> 00:49:19,440
trillion of wealth contained
within that that demographic
945
00:49:19,440 --> 00:49:21,480
group.
That's a ton of money and that
946
00:49:21,480 --> 00:49:24,520
concentration of wealth will
never happen again in multiple
947
00:49:24,520 --> 00:49:27,560
lifetimes.
So if I'm leading wealth
948
00:49:27,560 --> 00:49:29,960
management for, let's say, a
large bank or wealth management
949
00:49:29,960 --> 00:49:34,440
firm, I need to understand how
much of that money is moving
950
00:49:34,480 --> 00:49:37,000
every year.
According to the research, Baby
951
00:49:37,000 --> 00:49:41,520
boomers are going to have about
20, call it 20 to 22 years to
952
00:49:41,520 --> 00:49:43,560
manage the transition of that
wealth.
953
00:49:43,720 --> 00:49:46,920
And that happens when they
retire, when they unfortunately
954
00:49:46,920 --> 00:49:49,840
pass on the fact of life.
Well, then their assets get
955
00:49:49,840 --> 00:49:51,360
transitioned to their
beneficiaries.
956
00:49:51,760 --> 00:49:53,760
Yeah.
If I'm in wealth Management
957
00:49:53,760 --> 00:49:56,560
Today, if I'm a managing
director of an organization's
958
00:49:56,560 --> 00:50:02,080
wealth management firm and I
have no idea who the, let's say,
959
00:50:02,200 --> 00:50:05,120
Sean, I don't know who your kids
are and you're a high net worth
960
00:50:05,120 --> 00:50:07,600
individual.
Well, how do I actually engage
961
00:50:07,600 --> 00:50:09,440
you then?
How do I know you should be
962
00:50:09,440 --> 00:50:12,120
somebody I'm engaging?
Because I don't even know that
963
00:50:12,120 --> 00:50:14,520
you've got X amount of money and
it's going to transition to
964
00:50:14,520 --> 00:50:16,360
your, your, you know,
dependence.
965
00:50:16,800 --> 00:50:19,920
And So what do I do?
I wait for you to, to, to
966
00:50:19,920 --> 00:50:23,240
transition the money and then it
goes to your sons and daughters.
967
00:50:23,240 --> 00:50:25,880
And all of a sudden I'll be
lucky if they come to me because
968
00:50:25,880 --> 00:50:30,040
it's all chance unless I change
that and say, look, I know
969
00:50:30,040 --> 00:50:32,200
that's the dynamic of what's
happening in wealth management.
970
00:50:32,480 --> 00:50:36,280
So what am I doing to gain
intelligence around my current
971
00:50:36,280 --> 00:50:38,960
customer base?
The customer segments I want to
972
00:50:38,960 --> 00:50:40,640
go after, Like I live in
Chicagoland.
973
00:50:40,880 --> 00:50:44,800
Winnetka is one of the the most
affluent suburbs in the US, in
974
00:50:44,800 --> 00:50:48,440
fact, in Illinois as well.
So if I have 5 clients in
975
00:50:48,440 --> 00:50:51,280
Winnetka, which is the North
Shore of Chicago bordering Lake
976
00:50:51,320 --> 00:50:54,520
Lake, MI, and I know they have
this kind of a profile.
977
00:50:54,800 --> 00:50:57,760
I want to do a quick pull of
everybody else in the zip code
978
00:50:57,760 --> 00:50:59,680
who has a similar demographic
profile.
979
00:51:00,520 --> 00:51:03,280
And then I want to do some
targeted outreach and say, look,
980
00:51:03,680 --> 00:51:06,520
we're helping organization,
we're helping clients like you
981
00:51:07,240 --> 00:51:10,360
do this to manage, sustain and
grow wealth and transition that
982
00:51:10,360 --> 00:51:12,280
wealth.
We'd love to talk to you about
983
00:51:12,280 --> 00:51:14,360
how we can help you do the exact
same thing.
984
00:51:14,680 --> 00:51:18,240
But there's a level of, I would
call it hyper personalized
985
00:51:18,240 --> 00:51:19,960
outreach.
You know the segment, you know
986
00:51:19,960 --> 00:51:22,040
what they're behaving, you know
how they need to behave.
987
00:51:22,640 --> 00:51:25,840
Those are things that allow you
to start to be much more
988
00:51:25,840 --> 00:51:30,040
thoughtful about what is now
notice and not none of this in
989
00:51:30,040 --> 00:51:33,320
the last four or five minutes I
didn't talk about great, you
990
00:51:33,320 --> 00:51:38,520
know, investment return or 5%
interest versus 8% on bond.
991
00:51:38,760 --> 00:51:42,120
I'm not talking about the stuff
or the mechanics of the products
992
00:51:42,120 --> 00:51:44,520
and services that a wealth
management firm has.
993
00:51:44,880 --> 00:51:47,680
I'm talking about, do I
understand where the market is
994
00:51:47,680 --> 00:51:50,920
moving and where that risk is
associated with people who have
995
00:51:50,920 --> 00:51:54,040
the concentration of wealth that
are ideally my target clients?
996
00:51:54,960 --> 00:51:58,240
And helping them understand
that, you know, by making a
997
00:51:58,240 --> 00:52:01,840
decision now, they don't take
the risk or they could, they
998
00:52:01,840 --> 00:52:05,040
don't have to, you know, be at
a, you know, have exposure
999
00:52:05,040 --> 00:52:06,400
really to their wealth.
Exactly.
1000
00:52:06,720 --> 00:52:09,400
They they get to achieve what
they want to have, which is
1001
00:52:09,520 --> 00:52:11,640
potentially passing on that
generational wealth.
1002
00:52:12,000 --> 00:52:13,520
Yeah, that's exactly what it's
all about.
1003
00:52:13,880 --> 00:52:16,440
That's good.
You know, we'll also talk about
1004
00:52:16,600 --> 00:52:20,280
telling details versus
superlatives in a presentation.
1005
00:52:20,480 --> 00:52:23,240
You know, research shows that
telling details, buyer focused
1006
00:52:23,240 --> 00:52:27,000
and specific data outperforms
general superlatives in
1007
00:52:27,000 --> 00:52:28,760
credibility and likelihood to
purchase.
1008
00:52:28,760 --> 00:52:33,320
So, can you share an example of
how specific detail can be can
1009
00:52:33,320 --> 00:52:36,800
mitigate a buyer's fear of
implementation risk?
1010
00:52:37,520 --> 00:52:39,880
You know, again, this, this is a
critical point because what it
1011
00:52:39,880 --> 00:52:42,600
does is don't hit me with
motherhood and apple pie
1012
00:52:42,600 --> 00:52:44,360
statements.
Don't give me with generality.
1013
00:52:44,440 --> 00:52:46,520
Oh, we've helped a lot of
organizations save a lot of
1014
00:52:46,520 --> 00:52:47,800
money.
That means nothing.
1015
00:52:48,280 --> 00:52:50,720
And anybody can say that because
they're not saying anything.
1016
00:52:51,080 --> 00:52:53,360
What you want to be able to say
is, look, Rohit, we know
1017
00:52:54,080 --> 00:52:56,640
subscriber engagement is
extremely important to you.
1018
00:52:56,640 --> 00:53:00,400
In fact, we've helped
organizations retain subscribers
1019
00:53:00,400 --> 00:53:04,680
anywhere from X to Y percent and
that's generated subscription
1020
00:53:04,680 --> 00:53:07,800
growth of A to B dollars.
You want to give a range of
1021
00:53:07,800 --> 00:53:12,960
value that's meaningful, that's
specific, that's I call it.
1022
00:53:13,120 --> 00:53:16,680
You have to help the executive
size, the prize, help them
1023
00:53:16,680 --> 00:53:19,840
understand the impact of what it
is that you can generate and the
1024
00:53:19,840 --> 00:53:23,480
value of what that is.
Generalities and what I call
1025
00:53:23,480 --> 00:53:26,360
motherhood and apple pie
commitments mean nothing because
1026
00:53:26,360 --> 00:53:29,880
you're not seeing a thing.
Yeah, now that's, that's good.
1027
00:53:29,880 --> 00:53:32,880
Be specific.
Give them the the focus details
1028
00:53:32,880 --> 00:53:36,600
of of the the solution and how
it's going to help them.
1029
00:53:36,800 --> 00:53:39,440
That helps them instead of just
saying, hey, we can do this like
1030
00:53:39,440 --> 00:53:41,440
anybody else.
Yeah, I get that's a great
1031
00:53:41,440 --> 00:53:42,960
point.
And I think a lot of people get
1032
00:53:42,960 --> 00:53:47,600
caught in that trap and not
really articulating the value
1033
00:53:47,720 --> 00:53:50,040
and and the the proposition of
that that they have for the
1034
00:53:50,040 --> 00:53:55,240
buyer.
Reframing emotional anchors that
1035
00:53:55,360 --> 00:54:00,160
are sometimes you don't, you
don't know these anchors exist
1036
00:54:00,160 --> 00:54:03,840
when you're going into a
presentation, you know, these
1037
00:54:03,840 --> 00:54:09,120
are these deep bed embedded, you
know, emotional biases, so to
1038
00:54:09,120 --> 00:54:14,200
speak, that CFO or CEO may have
for a particular reason.
1039
00:54:14,200 --> 00:54:18,440
So when a prospect is
emotionally anchored to a risk
1040
00:54:18,640 --> 00:54:24,080
like fear or fail a failure,
rational and logic often fail.
1041
00:54:24,120 --> 00:54:27,480
What is your process for using
metaphors and analogies to
1042
00:54:27,480 --> 00:54:30,000
reframe the emotional objections
during a pitch?
1043
00:54:30,560 --> 00:54:33,160
Well, I'll tell you, it's, it's
all centered on the theme that
1044
00:54:33,160 --> 00:54:36,520
we've been talking about today,
which is this whole idea.
1045
00:54:36,520 --> 00:54:39,840
If you have to align to risk,
you're right, you may not
1046
00:54:39,840 --> 00:54:42,760
understand the baggage, the
history of what that executive
1047
00:54:42,760 --> 00:54:45,960
has to deal with or has dealt
with, and that's OK.
1048
00:54:45,960 --> 00:54:48,880
You're not supposed to be, you
know, a mind reader, but what
1049
00:54:48,880 --> 00:54:52,720
allows you to align to that and
understand it in the right way
1050
00:54:53,080 --> 00:54:57,440
is you've got to align to the
risks that are represented for
1051
00:54:57,440 --> 00:54:59,360
that organization and for that
executive.
1052
00:54:59,600 --> 00:55:03,240
The more you align to the risk,
the more you can kind of
1053
00:55:03,240 --> 00:55:06,800
dovetail into whatever bias they
have because their bias is going
1054
00:55:06,800 --> 00:55:08,800
to be, how the heck do I
mitigate that risk?
1055
00:55:08,840 --> 00:55:11,480
Or I got burned before, I don't
want to get burned again.
1056
00:55:11,760 --> 00:55:14,200
You may not know that past
history, and that's OK, But if
1057
00:55:14,200 --> 00:55:16,760
you're aligning to the risk,
that's the biggest risk that can
1058
00:55:16,760 --> 00:55:20,320
derail their performance.
By default, you come in in a way
1059
00:55:20,560 --> 00:55:23,880
that is aligned to the way that
they're thinking that they've
1060
00:55:23,880 --> 00:55:26,880
got to mitigate that focus.
And they're waiting for someone
1061
00:55:26,880 --> 00:55:29,640
to help them.
They're waiting for someone to
1062
00:55:29,680 --> 00:55:30,560
help.
Yeah.
1063
00:55:30,880 --> 00:55:32,560
And, and, and it's, it's oh, my
God.
1064
00:55:32,560 --> 00:55:35,360
He gets it or she gets it.
That's exactly the issue I'm
1065
00:55:35,360 --> 00:55:37,280
focused on now.
I'm paying attention.
1066
00:55:37,760 --> 00:55:40,880
He gets me there.
You.
1067
00:55:41,480 --> 00:55:43,480
Go.
All right, right here.
1068
00:55:43,520 --> 00:55:47,120
We're kind of winding down here.
Rohil, I really appreciate your
1069
00:55:47,120 --> 00:55:50,080
time today.
But the last couple here were
1070
00:55:50,080 --> 00:55:53,880
these real simple ones.
What are the three deadly sins?
1071
00:55:53,920 --> 00:55:57,760
You know, when we talk about the
three deadly sins of messaging,
1072
00:55:57,800 --> 00:56:02,080
what are they?
Make it about you, make it
1073
00:56:02,080 --> 00:56:07,800
generic and have no compelling
follow up or action that's
1074
00:56:07,800 --> 00:56:10,240
engaging or inside the The
challenge is you have to be
1075
00:56:10,240 --> 00:56:12,760
insightful, you have to be
provocative, you have to be
1076
00:56:12,760 --> 00:56:15,400
precise.
That's right, that's right.
1077
00:56:15,800 --> 00:56:16,840
I love it.
I love it.
1078
00:56:17,120 --> 00:56:20,720
Well, hey, if anybody listening
wants to level up, get their
1079
00:56:20,720 --> 00:56:25,560
game on and and learn some more,
I guess sales tactics and, and
1080
00:56:25,560 --> 00:56:27,480
become a better sales
professional.
1081
00:56:27,840 --> 00:56:30,600
How can listeners learn more
about sales training that you
1082
00:56:30,600 --> 00:56:32,120
provide through corporate
Visions?
1083
00:56:32,960 --> 00:56:35,520
Well, Corporate Visions is 1.
I would say it's one of the best
1084
00:56:35,520 --> 00:56:39,560
organizations I've come across
in terms of their IP and their
1085
00:56:39,560 --> 00:56:41,120
approach.
And it's very pragmatic.
1086
00:56:41,120 --> 00:56:44,800
It's not about theory alone.
It's about how does theory
1087
00:56:44,800 --> 00:56:47,440
integrate into practice and
drive results.
1088
00:56:48,400 --> 00:56:51,560
And I would encourage anybody to
take, you know, reach out to
1089
00:56:51,560 --> 00:56:55,080
Corporate Visions,
corporatevisions.com is the is
1090
00:56:55,080 --> 00:56:59,680
the web page and just, you know,
highlight a request and folks
1091
00:56:59,680 --> 00:57:02,120
will be eager to get back to you
and figure out ways that we can
1092
00:57:02,120 --> 00:57:04,600
help you guys increase and drive
performance.
1093
00:57:05,480 --> 00:57:07,320
Yeah, this is really good.
Rohil.
1094
00:57:07,320 --> 00:57:09,320
Thank you for coming on the show
today.
1095
00:57:09,520 --> 00:57:13,040
Like again, the sales training
that I experienced through
1096
00:57:13,040 --> 00:57:15,760
Corporate Visions with you was
just amazing.
1097
00:57:16,200 --> 00:57:20,920
Learned so much more than I, you
know, already kind of knew.
1098
00:57:20,920 --> 00:57:22,960
Obviously, I mean, everyone can
learn, right?
1099
00:57:22,960 --> 00:57:25,840
We all start continuingly,
continuously learning.
1100
00:57:26,160 --> 00:57:29,560
And you made me think about a
lot of different aspects of the
1101
00:57:29,560 --> 00:57:34,080
sales process and especially in
this new age of AI and how to
1102
00:57:34,080 --> 00:57:37,720
use these tools to become a
better sales executive.
1103
00:57:37,720 --> 00:57:41,520
That's the big thing that it
really helped me when I walked
1104
00:57:41,520 --> 00:57:44,640
away and thinking about the
unconsidered, you know,
1105
00:57:44,640 --> 00:57:48,320
challenges and risks that
executives have that we can help
1106
00:57:48,360 --> 00:57:52,080
identify what those are and
mitigate those risks.
1107
00:57:52,080 --> 00:57:55,000
That was a big take away that I
thought, OK, this is really
1108
00:57:55,000 --> 00:57:57,160
good.
So, but I really appreciate you
1109
00:57:57,280 --> 00:58:00,240
coming on the show today and
we're looking forward to getting
1110
00:58:00,240 --> 00:58:03,680
this out in the coming days.
And really thank you.
1111
00:58:03,800 --> 00:58:06,800
It's all for everything you had.
I appreciate, I appreciate that,
1112
00:58:06,800 --> 00:58:09,600
Sean, you take the take, take
care and and hopefully we'll
1113
00:58:09,600 --> 00:58:11,560
talk soon again.
Thanks for listening and
1114
00:58:11,560 --> 00:58:13,880
watching the show.
If you enjoyed the show then
1115
00:58:13,880 --> 00:58:16,600
please share it with your
friends and coworkers on social
1116
00:58:16,600 --> 00:58:18,760
media and tell somebody in
person.
1117
00:58:19,240 --> 00:58:21,080
Thanks for being with us, ET
Nation.

C-Level Executive
CEO / President scaling people-intensive, technology enabled B2B services platforms through organic growth and disciplined M&A efforts. Over 20 years leading multi billion dollar HR, healthcare, banking, and BPO services businesses, with direct accountability for commercial strategy, sales execution, and P&L. Built and scaled global shared-services and AI/automation capabilities to drive margin expansion, delivering 20%+ CAGR and 2.5x+ EBITDA growth through operating discipline, technology enablement, and acquisitions. Proven track record in PE backed and sponsor owned environments, leading integration of 10+ acquisitions and building highly effective, low ego, execution oriented leadership teams.




























