Sales Gravy: Jeb Blount

By: Jeb Blount
  • Summary

  • From the author of Fanatical Prospecting and the company that re-invented sales training, the Sales Gravy Podcast helps you win bigger, sell better, elevate your game, and make more money fast.
    2024 Jeb Blount, All Rights Reserved
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Episodes
  • In Sales It’s Not About You
    Jul 31 2024
    On this episode of the Sales Gravy podcast, Jeb Blount sits down with author and speaker, Carole Mahoney, to discuss her path to becoming an entrepreneur. Look, when it comes to sales, you've gotta get out of your own head. It's not about you, your quota, or even how great your product is. It's all about the customer. Seriously, put yourself in their shoes. What keeps them up at night? What are they really after? Ditch the rehearsed pitch and have a real conversation. When you genuinely care about helping people, not just closing deals, that's when the magic happens. Key Takeaways: - Mission to Change Perception of Sales: Carole is dedicated to changing how sales is perceived. She wants to shift the view of sales from being seen as pushy to being a respected and collaborative profession. - Reconnect for New Opportunities: Reaching out to past prospects who initially said no can uncover new opportunities. Many former prospects may reconsider and become interested in your services again. - Revive Closed Lost Deals: Revisiting deals that were previously closed lost can be fruitful. This approach can re-engage customers who have since realized their initial choice wasn’t the best fit. - Re-engage Former Clients: Don’t overlook former clients who stopped working with you. They may be ready to come back, especially if their current solution isn’t meeting their needs. - Leverage Anchor Clients for Growth: Securing a key client can provide a strong foundation for expanding your business. Use this anchor client to build credibility and grow your sales practice. - Broaden Your Coaching Focus: Expanding from individual coaching to include manager and leadership coaching can enhance overall effectiveness. Addressing the entire sales environment ensures better outcomes. - Embrace Public Speaking: Use public speaking and keynotes to amplify your message and reshape industry perceptions. Listening to others insights can significantly broaden your impact. - Change Sales Perceptions: Work towards transforming how sales is viewed. By presenting sales as a collaborative and respected field, you can elevate its status and attract diverse talent. How Carole Mahoney Crushed Her Business Goals Carole Mahoney’s story is one of determination, innovation, and resilience. Her journey from struggling entrepreneur to a successful speaker and author offers valuable lessons for anyone looking to crush their business goals. Let’s dive into how Carole managed to turn obstacles into opportunities and build a thriving business. Turning Challenges into Opportunities Every entrepreneur faces obstacles, and Carole Mahoney was no exception. She encountered financial constraints and doubts about her ability to succeed. But rather than letting these challenges hold her back, Carole used them as stepping stones. When things didn’t go as planned, she adapted her strategies and pushed forward. This mindset of turning setbacks into opportunities was crucial for her success. Instead of seeing a closed door, Carole saw a chance to find a new path. The Power of Persistence Persistence was a key factor in Carole’s success. Early in her career, she faced rejection from potential clients. Instead of giving up, she followed up with them even after they had said no. Her persistence paid off when these clients returned, eager to work with her once again. This demonstrates the power of follow-up and how it can turn past rejections into new opportunities. Leveraging Past Opportunities One of Carole’s smart strategies involved revisiting past opportunities that hadn’t worked out. She called up former prospects who had initially been interested but couldn’t proceed. Many of these prospects were still interested in her services and were willing to re-engage. By revisiting these past opportunities, Carole was able to generate new business and build stronger relationships. This approach highlights the value of maintaining connections and the poten...
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    43 mins
  • The One Funnel Customer Journey feat. Will Yarbrough
    Jul 31 2024
    On this episode of the Sales Gravy podcast, Jeb Blount engages Denim CRO, Will Yarbrough, in a fascinating discussion on how to sell more and grow faster by linking the customer journey through a One Funnel Strategy. Sales and marketing strategies come and go, but one approach has been gaining traction for its simplicity and effectiveness: The One Funnel Mindset. This powerful concept challenges the traditional notion that more is better, instead focusing on perfecting a single, highly optimized sales funnel. At its core, the one funnel mindset is about streamlining your sales process. Instead of creating multiple funnels for different products or customer segments, you concentrate on building and refining one comprehensive funnel that guides potential customers from initial awareness to final purchase. Key Takeaways: - Unified Revenue Goals: Aligning marketing and sales under a single One Funnel Customer Journey and revenue goal eliminates internal competition and focuses on overall business growth. - Avoiding Complacency: Maintaining a focus on growth and continuous improvement is crucial to avoid stagnation in sales. - Customer Experience: Enhancing customer experience by providing a more unified customer journey. - Human Connection: Despite advancements in AI, human-to-human interaction remains vital in sales, especially for high-value deals. - Preparation and Investment: Sales success often depends on thorough preparation and continuous investment in personal development and training. - Shorter Sales Cycles: Buyers are increasingly making quicker decisions due to more readily available information, making each sales interaction critical. - Manager’s Role: Effective frontline managers are essential in motivating sales teams by understanding and aligning individual goals with One Funnel goals and providing tailored support. - Big Pull Concept: Identifying and leveraging what drives each salesperson is key to maintaining their motivation and focus. The One Funnel Mindset: Unifying Marketing and Sales Yarborough introduced the concept of the "One Funnel Mindset," a unified approach where marketing and sales teams work together seamlessly towards common revenue goals. Traditional models often create a divide between marketing-qualified leads (MQLs) and sales-qualified leads (SQLs), leading to misalignment and inefficiencies. The One Funnel Mindset eliminates these silos, ensuring that both teams are aligned and focused on the same objectives. In this approach, leads are simply "qualified leads," with no distinction between marketing and sales. This unified perspective fosters collaboration, reduces friction, and ensures a smoother customer journey from awareness to purchase. By sharing goals, metrics, and strategies, marketing and sales teams can create a more cohesive and effective revenue engine. Enhancing Customer Experience: The Human Touch Despite the rise of artificial intelligence and automation, Yarborough emphasized the irreplaceable value of human interaction in sales. High-value deals, in particular, require a personal touch to build trust and rapport with customers. While AI can enhance the sales process by automating routine tasks and providing data-driven insights, it cannot replicate the nuances of human connection. Sales professionals must prioritize building strong relationships with their customers. This involves active listening, understanding their pain points, and offering tailored solutions. By focusing on the human element, salespeople can create lasting impressions and foster long-term customer loyalty. Shortening Sales Cycles: The Impact of Preparedness Another significant trend discussed in the podcast is the shortening of sales cycles. With buyers conducting extensive research before engaging with sales representatives, decisions are being made faster than ever. This shift places a premium on preparedness. Salespeople must be ready to provide immediate value ...
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    38 mins
  • Personal Finance Strategies For Sales Professionals
    May 31 2024
    On this important episode of the Sales Gravy Podcast, Jeb Blount, Jr (a.k.a JBJ) discusses personal finance for sales professionals with Ben Lex, a former B2B sales superstar turned financial advisor. Ben shares game-changing insights tailored specifically for sales professionals. The Financial Fitness Mindset In sales, we're all about closing deals, hitting targets, and making more money. But what happens after you receive that hefty commission check? Too often, sales professionals fall into the trap of spending impulsively, only to face financial stress later. This is exactly why you need to adopt a financial fitness mindset which means making deliberate, strategic decisions about your money, just as you do with your sales strategy. Delayed Gratification: Your Secret Weapon One of the most powerful tools in your financial arsenal is the ability to delay gratification. True financial stability comes from resisting the urge to splurge on every big commission check. Instead, consider setting aside a portion of your earnings for future goals. This practice not only builds financial security but also reduces stress during lean months. Build An Emergency Fund An emergency fund is non-negotiable. Sales professionals, especially those with variable incomes, should have enough saved to cover six months to one year of living expenses. This safety net acts as a buffer, ensuring you’re not living paycheck to paycheck and allowing you to make decisions from a place of strength rather than desperation. Unload High-Interest Debt Carrying high-interest debt is like running a marathon with a backpack full of bricks. It slows you down and makes reaching your financial goals much harder. Paying off high-interest debt should be your top priority. This includes credit card balances and high-interest car loans. Eliminating this debt frees up your income and allows you to invest more effectively in your future. Smart Investing: The Path to Wealth Once your debt is under control and you have an emergency fund, it’s time to think about investing. Focus on diversification. This means spreading your investments across various asset classes to mitigate risk and ensure steady growth. If your company offers a 401(k) max it out before you make any other investments. If your company matches investments you make in your 401(k) make sure that you take full advantage of this free money. Leave nothing on the table. Remember, investing is a long-term game. It's about building wealth gradually, not getting rich overnight. Set Clear Financial Goals Just as you set sales targets, setting clear financial goals is essential. Whether you’re planning for retirement, saving for your child’s education, or aiming to buy a lake house, having specific goals will guide your financial decisions. Take the time to map out your goals. Consult with a financial advisor when possible. This process helps you stay focused and make informed choices about where to allocate your resources. Actionable Steps to Financial Mastery Assess Your Financial Health: Start by evaluating your current financial situation. Look at your income, expenses, and debts to get a clear picture of where you stand. Create a Budget: Develop a budget that tracks your earnings and expenditures. This will help you identify areas where you can cut back and save more. Prioritize Debt Repayment: Focus on paying off high-interest debt first. This will free up more of your income for savings and investments. Build Your Emergency Fund: Aim to save enough to cover at least six months of living expenses. This fund will provide financial stability during tough times. Maximize Retirement Contributions: Take full advantage of employer-sponsored retirement plans, especially if they offer matching contributions. This is essentially free money that can significantly boost your savings. Diversify Your Investments: Work with a financial advisor to create a diversified in...
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    51 mins

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