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A New American Dream

Are You Doing These Success Rituals?


Early to rise

Sale Key
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This is the type of article that will either send you to the “Unsubscribe” button or will finally wake-and-shake you into action. The right action.

I’m seeing a disturbing trend in stores, restaurants, among business owners, and even in our Virtual Mastermind forum.
There’s a lot of action and a lot of “busy work”. But not as much real progress and revenue driving as there should be.

Kind of like the old saying about the man down in Texas who is “all hat, no cattle”, a lot of businesses are “all activity, no action”.
The disturbing trend that I see is people doing this and that and the other thing but forgetting the most important action of them all.

Selling.

Take this example. In the last six months I’ve bought several pairs of running shoes. Each time I couldn’t make it any easier for the staff. I walk in, go to the rack, and point to the brand that I want. I give them my size, try them on, whip out my credit card, and make the purchase. This doesn’t take more than ten minutes (I’m a master of efficiency).

Once the initial sale is made, I wait in expectation (and hope) that they will try to sell me some socks. I need socks, but I don’t want to look for them. I want the store staff to recommend the socks to me. I’d say yes to whatever they suggested. I’d spend another $30 on socks if they put even an ounce of effort into trying to sell them. But nothing happens. There’s no suggestion of socks, or shorts, or shirts or even the sports supplements that sit idly beside the cash register.

After a few moments of awkward silence, I, like a girl expecting a good night kiss after a great first date, slowly shuffle dejectedly away, having been denied any further opportunity to enjoy the moment.

Think about how much money is lost every day because the sales staff has not been properly trained to offer more value to the customer. This goes on in clothing stores, furniture stores, and high end luxury stores.

But at least they made the first sale.

Too many business owners, particularly those starting Internet businesses, find all sorts of ways to avoid making any sales in the first place. But if you want to have a business then at some point you have to sell. Otherwise you just have a hobby.

Yes, you can spend months setting up your store, designing logos, creating mission statements, creating brochures, making your website just right, and even studying more and more content from the experts, but none of this makes you money until you finally ask someone to buy.

As ETR Publisher, Matt Smith said at one of our 1-Day Mastermind meetings,  “None of these things make any difference whatsoever unless they specifically help you sell, because selling is the only thing that matters.”

You only get paid for done. Specifically, that really means you only get paid for selling. If you have a website business then you must get your product done as fast as possible, you must get your website sales page online as soon as possible, and you must started sending targeted traffic to the sales page as soon as possible. Oh, and you cannot hesitate in giving your visitors a call to action with a clearly visible, “Click here to order” button on your page.

Likewise, if you’re a salesperson, you need to stop fiddling around with organizing the pencils on your desk and start making your prospecting calls. You need to have your phone sales scripts done, and you need to start dialing for dollars. Nothing else matters.

“Every activity that is on your ‘To Do’ list right now, I want you to ask yourself if it directly contributes to a sale. If this thing isn’t one step removed from a sale, then you probably should put it off, maybe for today, maybe for forever, because a lot of those things don’t matter…You have to be the revenue driver. It must be the thing you think about every day,” Matt said (with great urgency) to our Mastermind attendees.

If you’re just starting a business, then you need to make that first sale. You need to experience the momentum shift that comes from proving that it is possible for you to make money in your business.
Stop messing around with anything that does not involve selling. I want you to focus on nothing else but making sales this week. If your product is 80% done, sell it at a discount price. Tell them they will get free updates when the final touches have been done.

This is what I did in September of 2003. I sold my Turbulence Training fitness product for $9.95 even though it wasn’t 100% done. The next month I raised the price to $19.95. And it still wasn’t done. Then the next month I raised the price to $29.95, and it still wasn’t done. Finally, five months later it was done and the price settled at $39.95. But instead of waiting five months to make money and build momentum, I got my product out to the market and made money and built mental momentum that spurred me to take more action – and more importantly, more action that mattered.

Wouldn’t your product even at only 80% complete still help the majority of your prospects solve a BIG problem in their life and make their lives better?

Unless the answer is a big fat no (and I don’t see how it could be), then stop waiting and start selling.

If your product is 100% done but your sales copy isn’t, then glue yourself to a chair and finish it. And then email your list and tell them to go to the site. It doesn’t matter if you have 10 people or 200 people on the list. You need to start selling.

“Get your idea out there as fast as possible even if it’s not quite ready. Set must-hit deadlines. Let the market tell you if you have a winner or not. If no – move on and fail forward fast. If it’s got potential – then you can make it better.” – Yanik Silver, Maverick Business Rule #10.

Selling is the #1 action item in any business. If it isn’t, then be honest with yourself and admit that your “business” is really just a charity or a hobby.

But if you are here to build a business, a real business, than accept the fact that you must sell something and that you must make the selling of that something your number one priority. And your number one priority must be, as you learned recently, the first project you attack on each morning when you get to work.

As my friend Bedros Keuilian once said, “All the marketing and lead generation in the world means nothing if you can’t convert that prospect into a paying client. If you want to instantly increase your income then learn how to close more sales and how to get more from every sale.”

Stop puttering around like an old retired man in his garage, dinking around with signage and technical mumbo-jumbo. Get focused on what really matters – delivering value to a person that has a problem and convincing them to pay you for your solution.

Stop forgetting to sell.

Instead, start selling and start making money. That’s why you are in business.

[Ed. Note. Craig Ballantyne is the author of Financial Independence Monthly, a complete blueprint to helping you take control of your financial future with a web-based business that you can operate from anywhere in the world - including a coffee shop, your kitchen table, or anywhere around the world where there is Internet access. Discover how you can achieve the American Dream and your financial independence here. You've never seen anything like this before.]

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COMMENTS

  1. Excellent article, Craig! So many people spend their entire lives “fixin’ to” do something, yet never seeming to get it done or, in many cases, to even get started. “Fixin’ to” lose weight, or start that business, or work on the relationship with the spouse and kids, and the list goes on. What you’ve outlined here is probably THE major key to success in anything. That is: Massive, Focused Action on what you want to accomplish to change your results. And we all know that nothing happens in business until the sale is made.

  2. 09/25/2012

    Terrific! Regardless of what type of business, selling is the most critical part.

  3. 09/25/2012

    The kick in the butt that I needed today – just rescheduled entire week – didn’t realize I had fallen so far off track with tasks that were stressing me out, eating up my time and NOT making sales – thanks!!

  4. Carol
    09/25/2012

    Funny most of what I read in ETR is not really pertinent to my direct sales business, but when I read this it rung a bell. Years ago my son had a job in high school selling sporting goods in a major store in the mall. He did what you are talking about so well that they changed the commission structure once he started to make so much money. He left the shirt folding to the majority of the employees that didn’t want to be bothered selling.

  5. 09/25/2012

    Great article!!

  6. M.R.Janardhanan
    09/25/2012

    Excellent article. There is no bussiness without selling. In any
    industry selling and marketing is the most impartant part than
    any other like production.

  7. Jay
    09/25/2012

    Craig:

    Yes, as salespersons, we have taken the “Path of Least Assistance”.

    My paradigm just shifted.

    Thanks for the kick in the pants.

    Jay

  8. 09/25/2012

    I really needed to hear that today! I’ve been studying your “Let it Rain” report, reading up on other amazing motivators like Carrie Wilkerson & Michael Hyatt … and filling my days with knowledge — which is all a good thing! But, every night I ask myself “when are you going to move forward with the website”? … “after I learn more” is generally the answer. And yes, it is 80% done – but obviously that IS good enough. First on tomorrow’s to-do list – start selling it!! Thank you for your inspiration and humor – I’m loving it!!

    • Craig Ballantyne
      09/25/2012

      Happy to help, thanks Pam.

  9. 09/26/2012

    Craig,

    You are the MOST influential person in my inbox right now. More than Perry Marshall even. I read and re-read your emails all the time because I learn so much from them. Plus, I’m seeing that you’re the “man in the shadows” and partly (if not mostly) responsible for the success of folks like Vince Del Monte, Isabel delos Rios, Rusty Moore, Mike Whitfield, and tons of other fitness entrepreneurs. I dont see you flaunting it, but I’ve been connecting the dots and your name keeps coming up the more I read about those guys.

    After years of being an affiliate, I’ve decided to take your advice and create a product. In fact, your email about “obnoxious proof” set me over the top. I’ve decided to create a fitness product geared towards a very tightly defined market.

    Yesterday I was watching a video from Russ Ruffino. In it he mentioned how he first made money online by creating a Clickbank product in the relationship niche. He created the product, created a good sales video, and released it on Clickbank. That year he made $140k.

    Now I’m no fitness expert (like you, or Rusty Moore, or Isabel De Los Rios, or Mike Whitfield, etc.) but I do use HIIT workouts to get more lean and defined, and think that if I share my story and the workouts I use, it will solve a major problem for guys like me. The only hesitation I have is that I don’t have formal training in nutrition, physiology, etc.

    I actually emailed Mike Whitfield last night for advice and he said just to get started on making my product and then put it out there. So that’s what I’m going to work on. I re-read your “12 Months to 100k” report and am focusing on creating my product.

    I have no idea if I’ll be able to recruit affiliates, or create an amazing salesletter, or even create a high converting product. But what I do know is that there are lots of folks that need help achieving their fitness goals. And I plan on helping them do that.

    If I’m at all successful, I want you to know that you will be directly responsible for that.

    Best,
    Peter

    P.S.
    I’d love to write a series of articles for ETR documenting my journey. Maybe if other people see my struggles, it will motivate them to create their own products.

    • Craig Ballantyne
      09/26/2012

      Hi Peter, thank you for sharing this.

      First, I’m not responsible for anyone else’s success. It is all through their effort. I’ve coaches some of the people you’ve mentioned. But I haven’t coached Rusty Moore at all, just to be clear. He’s done amazing things without any help from me.

      Mike Whitfield is a great guy…one to model, for sure.

      Craig

  10. 09/26/2012

    Thanks Craig, for reminding us once more of the single most important function we must perform as entrepreneurs: making the sale.
    It’s been a while since I last visited your site. I now have a compelling reason to once more become a regular reader of your posts. Keep us going!

  11. 09/29/2012

    Thanks for the motivational spanking I just got from your post. I have cool stuff that just needs to get sold! But I waste too much time moving on before selling what I already have!

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