WEBVTT
1
00:00:04.639 --> 00:00:12.279
Hi, you have done to censure fore wow for you.
2
00:00:12.279 --> 00:00:23.359
Your welcome back to the Adventures of pipe Man once again,
3
00:00:24.359 --> 00:00:29.600
here with our positively Pipeman segment with our expert resident
4
00:00:29.719 --> 00:00:33.479
guest on business strategies that you're gonna want to find
5
00:00:33.520 --> 00:00:37.560
out about. He has the formula for success and they
6
00:00:37.600 --> 00:00:41.079
are powerful. So let's welcome to the show. Michael Barbarita.
7
00:00:41.159 --> 00:00:43.439
How are you fantastic? Dane? How are you?
8
00:00:44.439 --> 00:00:48.359
Oh beautiful? You know, Uh, I can't be bad. How
9
00:00:48.399 --> 00:00:50.920
can't be bad? Because we're learning things that are going
10
00:00:50.960 --> 00:00:54.280
to help us in our business, which help us in
11
00:00:54.320 --> 00:00:57.039
our personal life, and then everything's great.
12
00:00:57.600 --> 00:01:00.439
I agree, Thanks for having me. You know, it's funny
13
00:01:02.039 --> 00:01:06.519
every one of our pri One of the biggest game changers,
14
00:01:07.439 --> 00:01:13.239
uh for me in learning about selling U for me
15
00:01:13.799 --> 00:01:21.439
was being transformational, not transactional. And this takes practice because
16
00:01:21.519 --> 00:01:27.799
our problem, as as salespeople, business owners, uh, whatever whatever
17
00:01:27.840 --> 00:01:31.799
you may be, uh is our prospects are conditioned to
18
00:01:31.920 --> 00:01:36.040
think transactionally. And I'm gonna explain what that means. But
19
00:01:36.120 --> 00:01:39.959
we we must get them to think transformationally because when
20
00:01:39.959 --> 00:01:43.560
you think about it, just about any product or service
21
00:01:44.000 --> 00:01:46.760
can be transformational. Now, there might be some like if
22
00:01:46.760 --> 00:01:49.560
you sell nuts and bolts, I don't know, maybe that
23
00:01:50.000 --> 00:01:56.480
maybe that's not transformational, but most all products are transformational.
24
00:01:57.000 --> 00:02:01.640
And in order for this concept to work, you must
25
00:02:01.680 --> 00:02:06.159
know and understand your prospect's number one goal, number one dream,
26
00:02:06.799 --> 00:02:11.719
and number one desire. And there is a special technique
27
00:02:12.000 --> 00:02:14.240
that one can use to get to that number one
28
00:02:14.240 --> 00:02:17.159
goal and desire. And let me see if I can
29
00:02:17.840 --> 00:02:23.280
briefly explain it. So like if I was if I
30
00:02:23.400 --> 00:02:27.360
was talking to a business owner, I'd say, you know,
31
00:02:27.439 --> 00:02:29.919
what's your number one goal? And it's say something like, well,
32
00:02:30.680 --> 00:02:34.120
I want to get my business to a million dollars. Great,
33
00:02:34.319 --> 00:02:36.719
you get your business to a million dollars? What will
34
00:02:36.759 --> 00:02:40.360
that do for you? That's a critical statement I just made.
35
00:02:40.400 --> 00:02:45.159
First of all, I repeated it, okay, which is forward pacing,
36
00:02:45.560 --> 00:02:48.719
because I said, you've got the business to a million dollars? Now,
37
00:02:48.719 --> 00:02:52.120
what will that do for you? And so then they'll say,
38
00:02:52.280 --> 00:02:55.719
well that will let's just say that will allow me
39
00:02:55.879 --> 00:03:00.319
to hire someone. Great, you get the business to a
40
00:03:00.319 --> 00:03:03.000
million dollars, you're able to hire someone. What will that
41
00:03:03.080 --> 00:03:08.520
do for you? Ah? Jeez, that'll love free up my time? Awesome.
42
00:03:08.800 --> 00:03:11.039
So you get the business to a million dollars, you
43
00:03:11.240 --> 00:03:15.439
hire a manager or hire someone and uh and and
44
00:03:15.439 --> 00:03:17.840
and freeze up your time. What will that do for you?
45
00:03:18.840 --> 00:03:22.439
Oh man, that that'll allow me to spend more time
46
00:03:22.520 --> 00:03:26.520
with my my my wife and and my kids, go
47
00:03:26.599 --> 00:03:30.960
to my kids soccer games, go on date nights with
48
00:03:30.960 --> 00:03:34.800
my wife, which I haven't been doing at all. That's
49
00:03:34.840 --> 00:03:40.039
when you hit pay direct, okay, because that notice. Notice
50
00:03:40.039 --> 00:03:42.639
it took three or four steps to get to their
51
00:03:42.719 --> 00:03:45.360
number one goal. And by the way, I'd make sure
52
00:03:45.400 --> 00:03:49.400
I ask what the spouse's name is and what the
53
00:03:49.479 --> 00:03:52.240
kids' names are. You'll always get the names of the
54
00:03:52.280 --> 00:03:55.560
people of the of the from your of your prospect
55
00:03:55.599 --> 00:03:58.560
who they love. Yeah, okay, so that you can apply
56
00:03:58.639 --> 00:04:04.599
it later on. So anyway, that that's how you that's
57
00:04:04.639 --> 00:04:09.759
the steps it takes, because the chances that somebody really
58
00:04:09.800 --> 00:04:12.479
gives you their number one goal in the first question
59
00:04:13.520 --> 00:04:16.879
is almost highly unlikely.
60
00:04:17.120 --> 00:04:19.439
They don't even usually know that's it.
61
00:04:19.519 --> 00:04:22.399
They don't think about it, right, And the fact that
62
00:04:22.439 --> 00:04:25.000
you're taking them on this journey is going to give
63
00:04:25.040 --> 00:04:29.600
you some points just by virtue of that, because once
64
00:04:29.639 --> 00:04:33.199
you understand their number one goal and desire, you can
65
00:04:33.240 --> 00:04:38.360
make your product transformation. So I'm gonna give you an example.
66
00:04:38.360 --> 00:04:40.279
I'm gonna switch gears a little bit. I'm gonna give
67
00:04:40.279 --> 00:04:44.439
you an example if and I because I'm picking a
68
00:04:44.600 --> 00:04:48.279
difficult product to sell, okay, and so I want.
69
00:04:48.120 --> 00:04:52.959
To I want to say something first, if they by
70
00:04:53.120 --> 00:04:57.079
listening to last week's episode. This relates to the first
71
00:04:57.160 --> 00:05:02.000
step of last week's episode, which is yep, okay. And
72
00:05:02.040 --> 00:05:04.839
if you haven't listened to it last week's episode, go
73
00:05:04.959 --> 00:05:07.600
back to the podcast anywhere you're listening to podcasts and
74
00:05:07.720 --> 00:05:12.720
listen to it, because you'll see how this episode is
75
00:05:12.800 --> 00:05:15.040
transformational from that episode.
76
00:05:15.480 --> 00:05:19.519
Excellent, excellent. So let's say your product, the service is
77
00:05:19.600 --> 00:05:23.199
selling murals. Now, that's not an easy product to sell.
78
00:05:23.240 --> 00:05:26.120
That's why I picked it. Okay. Now, the problem the
79
00:05:26.160 --> 00:05:28.680
customer has, and that's the first place you really have
80
00:05:28.800 --> 00:05:31.319
to go. But the first the problem the customer has
81
00:05:31.439 --> 00:05:35.399
is usually some emotional need that needs to be fulfilled.
82
00:05:35.560 --> 00:05:38.600
And let me explain it with this example. So let's
83
00:05:38.639 --> 00:05:41.480
say the salesperson finds out that the number one goal
84
00:05:41.519 --> 00:05:44.360
of the prospect is to put a mural in their
85
00:05:44.480 --> 00:05:48.399
child's bedroom in order to create a soothing, safe feeling
86
00:05:48.560 --> 00:05:52.680
environment for better sleep. And emotional wellbeing. That's the prospect's
87
00:05:52.759 --> 00:05:55.680
number one goal. After asking all the questions. They didn't
88
00:05:55.680 --> 00:05:59.000
blurt that out at the beginning. They blurted out something else,
89
00:05:59.800 --> 00:06:03.000
and you know, maybe an inexpensive mural or something to
90
00:06:03.079 --> 00:06:06.439
that effect. But as you dig deeper, you got to
91
00:06:06.480 --> 00:06:09.399
this point where they wanted to create a soothing, safe
92
00:06:09.439 --> 00:06:12.639
feeling environment for better sleep and emotional wellbeing. And by
93
00:06:12.680 --> 00:06:15.759
the way, sometimes you have to lead the customer to
94
00:06:15.920 --> 00:06:16.879
their number one goal.
95
00:06:17.720 --> 00:06:20.079
Yep, most of the time in mind, yes.
96
00:06:19.759 --> 00:06:22.519
Right, you might you have to lead lead them even
97
00:06:22.600 --> 00:06:25.079
if you because otherwise you're gonna keep saying, well will
98
00:06:25.079 --> 00:06:27.279
that do for you, and they're gonna run out of thought.
99
00:06:27.959 --> 00:06:30.519
So sometimes you might have to say, like in the
100
00:06:30.560 --> 00:06:34.079
case of the mural, how about creat how about what
101
00:06:34.240 --> 00:06:36.519
do you think about creating a soothing self feeling, a
102
00:06:36.519 --> 00:06:39.800
safe feeling environment for better sleep and emotional well being?
103
00:06:41.639 --> 00:06:44.439
And and you know they'll probably react to that favorably
104
00:06:44.879 --> 00:06:47.959
mm hmm, and and say, you know what, that's pretty good.
105
00:06:48.079 --> 00:06:51.920
That would be an objective of mine. So that would
106
00:06:51.920 --> 00:06:54.680
be the prospect's number one goal. And let's say their
107
00:06:54.759 --> 00:06:56.959
child's name is Tom. And by the way, I think
108
00:06:57.000 --> 00:06:58.800
I might have said this before. It's always a good
109
00:06:58.839 --> 00:07:01.800
idea to get the names of people your prospects love.
110
00:07:02.920 --> 00:07:06.439
And when you start talking about price and terms and
111
00:07:06.600 --> 00:07:08.959
how you're going to go about doing the mural, and
112
00:07:09.000 --> 00:07:12.319
your features, advantages and benefits of working with you, which
113
00:07:12.319 --> 00:07:14.920
are all things you have to do. But that's where
114
00:07:14.959 --> 00:07:19.680
it becomes transactional. The customer is hearing the price, and
115
00:07:19.720 --> 00:07:22.439
they're hearing how you go about doing it and so forth,
116
00:07:22.680 --> 00:07:26.000
and they're interested, and that's all important, but that's where
117
00:07:26.000 --> 00:07:29.560
it becomes transactional, and you need to constantly get the
118
00:07:29.639 --> 00:07:36.160
prospect back to transformational. For example, if the prospect says
119
00:07:37.279 --> 00:07:40.240
you know what, I have to think about it, you
120
00:07:40.279 --> 00:07:44.199
would say, oh, you say you have to think about it?
121
00:07:45.160 --> 00:07:45.879
What is it?
122
00:07:46.959 --> 00:07:48.839
And they would likely say, well, the price of the
123
00:07:48.920 --> 00:07:52.959
mural and the whole program, and you would send say, oh, no, no,
124
00:07:53.360 --> 00:07:55.639
I think we have a bit of a disconnect. As
125
00:07:55.680 --> 00:07:58.480
a matter of fact, I think we're having two different conversations.
126
00:07:59.120 --> 00:08:02.600
This isn't about our the mural, oh my program. Put
127
00:08:02.639 --> 00:08:05.959
that aside, whether you work with me or someone else,
128
00:08:06.519 --> 00:08:09.680
This is about creating a soothing, safe feeling environment for
129
00:08:09.879 --> 00:08:14.160
Tom for better sleep. Emotional wellbeing and giving you both
130
00:08:14.240 --> 00:08:17.680
lasting memories of how well you cared for him. That's
131
00:08:17.720 --> 00:08:19.639
what this is about. I'm sure you don't have to
132
00:08:19.639 --> 00:08:25.279
think about that. So what's happening here and what's going
133
00:08:25.279 --> 00:08:27.199
through the customer's mind? And by the way, they're going
134
00:08:27.240 --> 00:08:32.399
a little berserk at this point because they're torn, Oh yeah,
135
00:08:32.519 --> 00:08:35.679
and because they're connecting what you're offering to the cost
136
00:08:35.720 --> 00:08:40.120
and the transaction. It's your job to constantly get them
137
00:08:40.240 --> 00:08:44.879
back to their number one goal and that makes your
138
00:08:44.919 --> 00:08:48.519
product transformational. And I know that some people are out there.
139
00:08:49.000 --> 00:08:54.159
I can kind of see their faces and they thinking, ooh,
140
00:08:54.159 --> 00:08:58.000
that feels weird. But the most humane thing we can
141
00:08:58.080 --> 00:09:01.240
do is get them out of the torn misery and
142
00:09:01.360 --> 00:09:04.159
help them say yes to themselves. You see, we're not
143
00:09:04.200 --> 00:09:06.759
trying to convince them or trying to get them to
144
00:09:06.799 --> 00:09:09.600
do anything they don't want to do. All we're doing
145
00:09:09.879 --> 00:09:12.159
is keeping them aware of what they said.
146
00:09:12.039 --> 00:09:17.000
They wanted, and what they said they wanted is usually emotional,
147
00:09:17.360 --> 00:09:20.519
and sales is a transfer of emotion, and that's what
148
00:09:20.639 --> 00:09:23.919
makes it transformational opposed to transactional.
149
00:09:24.360 --> 00:09:28.080
Absolutely absolutely. And the other thing I want to point
150
00:09:28.120 --> 00:09:32.000
out is we have if we truly believe in our
151
00:09:32.039 --> 00:09:35.399
product or service, and this is this is part of
152
00:09:35.440 --> 00:09:39.919
mindset that we talked about in the previous show. If
153
00:09:39.919 --> 00:09:44.159
we truly believe in our product of service, isn't it
154
00:09:44.279 --> 00:09:50.039
our obligation to that customer to help them say yes
155
00:09:50.080 --> 00:09:52.919
to themselves in any way they can, in any way
156
00:09:52.919 --> 00:09:56.679
we can, because the option that we're offering is absolutely,
157
00:09:57.000 --> 00:10:02.519
hands down the best choice for that customer. Well, you know.
158
00:10:03.360 --> 00:10:06.320
You know what's funny about that is when I first
159
00:10:06.399 --> 00:10:11.919
became a professional speaker, I came from a very salesy
160
00:10:12.039 --> 00:10:15.799
environment in the financial business, and I just wanted to
161
00:10:15.840 --> 00:10:19.799
help people. So I kept forgetting every seminar to try
162
00:10:19.840 --> 00:10:24.320
to sell them anything. And somebody gave one of my mentors,
163
00:10:24.360 --> 00:10:27.879
who's you know when the top speaker's out there? He
164
00:10:28.000 --> 00:10:33.720
said something to me, and it really hit home. He goes, well, listen,
165
00:10:34.519 --> 00:10:39.600
if you're truly looking to help people, how much could
166
00:10:39.600 --> 00:10:42.879
you do to help them if you aren't making a living?
167
00:10:44.240 --> 00:10:50.200
You know? And so yes, there's nothing wrong with selling them.
168
00:10:50.519 --> 00:10:54.080
If you're truly trying to help them, why wouldn't you?
169
00:10:55.080 --> 00:10:57.840
And how much help are you going to give them
170
00:10:58.279 --> 00:11:02.200
if you yourself are not even following that lead and
171
00:11:02.240 --> 00:11:03.480
can't pay your own bills.
172
00:11:03.960 --> 00:11:07.720
Right. And here's the other thing I found, Dean, is
173
00:11:07.759 --> 00:11:11.480
when you're truly disconnected to the outcome, then you're more
174
00:11:11.679 --> 00:11:16.200
able to be more present in the conversation, allowing you
175
00:11:16.279 --> 00:11:20.080
to focus on the customer's transformation, which is incredibly more
176
00:11:20.120 --> 00:11:24.000
compelling versus the unpleasantry of focusing on the transaction.
177
00:11:24.480 --> 00:11:28.759
Oh, no doubt about it. Like to me, the feeling
178
00:11:28.879 --> 00:11:33.480
I get from helping people and fulfilling their needs by
179
00:11:33.679 --> 00:11:38.120
selling them something it's worth way more than whatever they're
180
00:11:38.159 --> 00:11:40.159
paying me, right.
181
00:11:40.000 --> 00:11:41.879
And you believe in your product so that you know
182
00:11:41.960 --> 00:11:45.320
that's the best option that they have. Absolutely, and it's
183
00:11:45.360 --> 00:11:49.840
your obligation. It's your obligation because you are you have
184
00:11:50.000 --> 00:11:55.440
the best offer and product and service that they can get.
185
00:11:55.799 --> 00:11:58.639
And so it's your obligation to help them say yes
186
00:11:58.679 --> 00:12:01.759
to themselves. And by the way, keep saying that people
187
00:12:01.799 --> 00:12:04.960
don't say no to you or yes to you, they
188
00:12:04.960 --> 00:12:08.200
say yes to them or no to themselves. So that's
189
00:12:08.200 --> 00:12:10.120
the other thing. It's a lot of business owners take
190
00:12:10.159 --> 00:12:13.320
the no personally. They're not saying no to you, they're
191
00:12:13.360 --> 00:12:16.159
saying no to themselves. It's our job to get them
192
00:12:16.159 --> 00:12:17.440
to say yes to themselves.
193
00:12:18.120 --> 00:12:20.440
And I'll even add to that that a lot of
194
00:12:20.440 --> 00:12:23.200
times when they're saying no, they just want they want
195
00:12:23.240 --> 00:12:27.200
to see how much you believe in what you're telling them,
196
00:12:27.799 --> 00:12:30.679
because if you waver and give in to them, they
197
00:12:30.720 --> 00:12:34.120
realize you're really not that confident that you could fulfill
198
00:12:34.200 --> 00:12:35.799
their needs and goals.
199
00:12:36.279 --> 00:12:41.000
Good, good point. Yeah, absolutely absolutely, That's why if you
200
00:12:41.200 --> 00:12:44.639
if you're truly if you're truly disconnected, that comes across
201
00:12:45.039 --> 00:12:48.279
meaning you're not out for yourself, You're out for the
202
00:12:48.320 --> 00:12:52.120
customers benefit, not yours. And when when you do that
203
00:12:52.200 --> 00:12:56.799
and you disconnect, it makes it once again you're more
204
00:12:56.840 --> 00:13:01.039
present in the conversation and you're able to make You're
205
00:13:01.120 --> 00:13:05.240
able to keep getting back to the transformation and away
206
00:13:05.639 --> 00:13:09.600
from the transaction, because if you stick with the transaction,
207
00:13:10.200 --> 00:13:14.279
that's a very has very negative annotations to the to
208
00:13:14.320 --> 00:13:15.559
the to the prospect.
209
00:13:19.200 --> 00:13:23.519
So yeah, how do people find out more about this
210
00:13:23.600 --> 00:13:28.000
subject and other subjects that are some powerful business strategies
211
00:13:28.039 --> 00:13:30.399
that they can implement in their business.
212
00:13:31.000 --> 00:13:34.039
Well, Dan, they just have to go to NEXTSTEPCFO dot net.
213
00:13:34.639 --> 00:13:37.519
They could download by book for free. Uh, they could
214
00:13:37.559 --> 00:13:41.200
go to next STEPCFO dot Net, Forward slash Contact and
215
00:13:41.240 --> 00:13:43.279
what I do with business, what I love to do
216
00:13:43.320 --> 00:13:45.840
with business owners, so that for the next edition of
217
00:13:45.879 --> 00:13:50.039
my book is Interview Business Owners. And the way it
218
00:13:50.080 --> 00:13:54.120
works is it's sixty minutes on zoom. I present strategies
219
00:13:54.159 --> 00:13:57.240
from my book and then I asked the business owner
220
00:13:57.519 --> 00:14:00.639
if a business owner was to implement this strategy in
221
00:14:00.679 --> 00:14:05.080
their industry, what impact would this strategy have, and then
222
00:14:05.120 --> 00:14:07.720
I'd document it for the book. There's nothing to buy,
223
00:14:08.240 --> 00:14:10.759
but I promise the business owner that they'll learn business
224
00:14:10.759 --> 00:14:14.159
and financial strategies that their competition isn't doing. So if
225
00:14:14.200 --> 00:14:18.519
they go to NEXTSTEPCFO, dot net, Forward slash Contact, fill
226
00:14:18.519 --> 00:14:21.120
out the contact form in the message section, put the
227
00:14:21.159 --> 00:14:24.279
words book Interview, and I'll send you a calendar link
228
00:14:24.320 --> 00:14:25.879
to schedule. It is that simple.
229
00:14:26.759 --> 00:14:31.240
Nice. Well, once again, you're a wealth of information and
230
00:14:31.519 --> 00:14:35.600
help to our listeners. And thank you for coming on
231
00:14:35.679 --> 00:14:40.080
the show every week and giving some great advice. And
232
00:14:40.600 --> 00:14:43.519
once again, we'll see you next week and thanks for
233
00:14:43.559 --> 00:14:45.000
being on the Adventures of Pipemin.
234
00:14:45.279 --> 00:14:48.320
Look forward to it date. Thank you, Thank you for
235
00:14:48.600 --> 00:14:55.840
listening to the Adventures of Patemin on w for CUI Radio.