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Top 5 Business Development Blunders

Effective communication skills are essentialyou'll get the response you desire. It's
to successful business development. Yetmanipulative. Try shifting to a consultative
they're often under-emphasized and sometimesapproach where you're seen as a advisor or
completely ignored. Why? Because weproblem-solver.4. Failing to adapt to the
communicate so much and so oftensituation. The problem with using a sales
(approximately 20,000 words per day) we oftenscript is that it assumes too much. It
take it for granted. But regardless of howassumes similar motivators, perspectives and
good your product or service is and how muchsituations in life. A financial planner I
expertise you have in your area, it all goesknow has developed a very clever approach to
to waste unless you can communicate it tomeeting clients. He places bowls near the
others. When you actually get the chance tocash registers of higher-end restaurants in
sit down with a potential client and discusshis territory. On each bowl, he places a
doing business together, don't blow it bysmall sign encouraging patrons to drop their
committing one of these big five businessbusiness card in for a chance at a free meal
development blunders.1. Talking about yourat that restaurant. He goes through the
product or service. Infodumping is simplycards periodically and invites someone to
telling someone all there is to know aboutlunch with the understanding that he'd like a
what you're selling. You probably cover howfew minutes to talk about his services. When
long you've been in business, who developedI met him for lunch, he presented his sales
what, your philosophy of business, yourtalk that assumed A. I had taken on a big
market share and all the choices you havemortgage to finance my house (I didn't) B. I
available. This approach is likely to leavehad to save for a child's college fund (I
the potential client in exactly the samedon't) and C. that my parents might someday
place on the sales continuum as when youneed assisted living care (they're both
started. Your objective should be to get himdead). Treat each meeting as unique and don't
to gravitate towards you. Go into yourassume too much.5. Failing to distinguish
meeting with a strategic goal. Whatfeatures from benefits. Salespeople often
specifically do you want him to know, do orfocus on telling someone what a product or
believe after meeting with you. Is it toservice is or does at the expense of what
place an order, sign up for a trial orproblem it solves or what pain it takes away.
believe you're the only logical choice? OnceI once observed a commercial leasing agent
you have a strategic goal, your destinationshow office space. As he met the clients in
is in sight and you can begin mapping a routethe building foyer, he commented on the large
to get there.2. Not listening. Noparking lot outside. That was a feature
salesperson has ever listened herself out ofstatement. A benefit statement would have
a sale. Yet, when asked a simple question,focused on how clients would never have to
many salespeople take it as a license tosearch for parking or that people could
deliver a monologue. Here are three tips toalways park close to the building in bad
practice better listening. First, useweather. Let's say your product includes a
questions to discover what's important. Ifvideo-that's only a feature. The benefit is
the potential client says "tell me aboutthat someone can see exactly how to use your
yourself (or your product or service orproduct. Apply this test to the statements
company)", respond with "what would you likeyou make-ask the "so what" question. If you
to know" or "what aspect is most important tocan't answer it, you've got a feature rather
you in making a decision?" Second, neverthan a benefit.Developing good communication
talk continuously for more than a couple ofskills is a result of thinking more
minutes without giving the other person anstrategically about how communication affects
opportunity to speak. Third, don't correctour interactions with others, then putting
the other person unless it's absolutelythose strategies into play. When you avoid
essential for the discussion to proceed-itthese top five blunders of business
rarely is and no one likes to be told he'sdevelopment, you'll not only gain more
wrong.3. Using sales clichés. Peoplebusiness, you'll lose less. Remember, if
usually begin to lose interest the momentyour idea is important, it deserves to get
they feel they're being sold. They usuallyheard.As the leading authority on the
begin feeling that way when they hear stocklanguage of influence, Dr. Joseph Sommerville
phrases such as "That's a great question" orshows professionals how to increase sales,
"What will it take to get your businessvisibility and credibility through more
today?" People need to feel likepersuasive communication. He is the
individuals, not like pieces in an assemblyPresident of Peak Communication Performance (
line. Sales clichés operate on aa Houston-based firm that helps professionals
Pavlovian model-use a specific phrase anddevelop skills in strategic communication.



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