To understand the application of Andy's warrior spirit
To be aware of the strong pull from the average majority
To appreciate that success will come from self-education and self-confidence and self-discipline
To translate all the stories to your story
Background:
In this story, we met Andrew
Martin, a young man drifting from job to job looking for the right opportunity
without realizing that it's not about the opportunity. As the story unfolds,
Andy matures in his thinking. He begins to appreciate the power of his warrior
spirit. He finally realizes that his goal of being a success will come from
his warrior spirit and not his job description.
Initially, Andy expected big things from real estate, just as he had expected
big things from computer sales and insurance sales before real estate. But, in
drifting from job to job, there was no change in Andy as a person. All Andy
found in changing jobs was a different routine.
When Andy finally arrived at Taylor Realty, he found a listless atmosphere of
average real estate people going through the motions of daily business. Andy
settled into his own routine. Thankfully, his warrior spirit wouldn't let him
stay complacent forever. His warrior spirit gnawed at him to take decisive
action.
Real estate brokerage is a commission business. You sell a home or an apartment
building and you receive a commission. If you don't sell or rent anything, you
don't make anything.
If you make $40,000 or $50,000 year, you are average. Because you are
average, the majority of people, who are also average, accept you. Average
folks don't make $100,000 or $200,000 a year so average folks have no frame of
reference to judge your extraordinary potential. You are left alone. You must
have the self-confidence to see beyond the ordinary. You must have the
self-discipline to make and stick to your goals. Go out and find the few
people who are making six figure incomes. If no one is, then you have also
learned something important, do something else!
Commissioned selling is tough. It takes self-discipline to make a fresh, clean
and enthusiastic start each business day. Today, you may work all day and make
nothing. Today, you may make five thousand dollars or lay the groundwork for a
fifty thousand dollar commission or begin the process of buying a five million
dollar property.
Sports
are a good analogy. You lose today's game. You can't sit and whine and
complain. You have to get ready, physically and mentally, for tomorrow's game
or you'll lose that game also.
Not many people, even in the commissioned sales ranks, have the power to
maintain a positive mental attitude (PMA) day after day. But, those having PMA
will find an easier road to financial success, presuming that reasonable
ability and corporate support are matched with the positive mental attitude.
An important
component of the Master Success Courses is to subscribe to the daily Action
Principle® email. This is your daily shot of PMA.
It is not unusual in a commission driven sales office to find a room full of
sales people, all supposedly doing the same job, but with some of the sales
people barely making a living and other sales people making a handsome income.
In the Taylor Realty office, four of the five salespeople are scraping by,
either through choice or because of their lack of warrior spirit. And, one
salesperson, Don Nardo, is making over $100,000 a year.
This particular story is about a young man in the real estate business.
However, remember to expand upon the story. Hopefully, you will be looking for
the principles and ideas involved in Andy's success and how these principles
and ideas might be applied to other business situations. Don't be afraid to
expand your thinking. Try to make these principles and ideas your principles
and ideas. Feel free to change and adapt them to suit you and your situation.
For example, suppose that instead of a real estate office, we were talking about
an insurance agency, and you were a new salesperson at that agency. Your first
few days on the job, you see that most of the agents are making a living,
selling one or two policies a week and making a few hundred dollars a week. On
the other hand, you hear about one or two agents at the company who are selling
one or two major policies a day and making a few thousand a week. Now, as a
young trainee, whom are you going to choose for your role models?
Of course, you say, you would choose the several thousand dollars a week
salespersons. And, since you are a person with warrior ability, you try to
figure out what the successful agents are doing differently than the less
successful agents.
What
are the successful insurance salespersons doing? How are they dressed? What's
their office schedule? Who are their clients? What technology are they using?
And, most importantly, what are their styles and attitudes?
Figure it out. What makes an extraordinary insurance salesperson?
Let's continue with the insurance analogy. Maybe every morning, the "just getting by" agents spend the
first hour of the business day drinking coffee, telling war stories, worrying
about where to have lunch, and giving their opinions on why the home team won
or lost last night's game. Perhaps every morning, the "successful' agents
are using that first hour to plan their work days; to call back new customers
and help old customers resolve problems with the claims department.
Maybe if you talked with the "just
getting by" agents, they'd tell you that the economy was bad, that
allowing banks to sell insurance was killing the business, that government
interference was dampening sales, that interest rates were too low, that the
claims department needed revamping, that the sales offices could do with some
new carpeting and that the boss wasn't spending enough money on advertising.
Now, listen to them. This is important. Listen because they'll talk and talk.
They have most of the day to talk and talk. Are they saying that all of their
problems are external to them? "If only someone or something else
would..."
Do you think it's easy to choose "making money" over "being one
of the guys?" It isn't. It isn't easy to resist the peer pressure of the
majority, the average, and the ordinary, to conform.
But,
like it or not, you probably will have to force yourself to resist. You have to
do things differently. You have to be different to be extraordinary. Successful
people are different. Successful people are standing outside the crowd because
the way to gauge achievement is to use "the average guys" for
comparison. The more of a success you are, the farther you are drawn away from
the gravitational pull of the average.
You probably want to say that you'll be different and that you could do both. You'll
be able to have breakfast and lunch time to chew the fat, joke and gossip with
the guys, to be one of the guys, and you'll still have time to be a
super-salesperson. You think that you can be a regular guy super-salesperson.
You probably won't be able to. Until you build a very strong client base,
you'll probably have to choose between the guys and success. If you don't
choose, you will fall naturally in with the regular guy pack and earn regular
guy income.
It's about you, stupid! Find people who are doing what he wanted to do
and then do what they are doing. Who, what, where, when and why? Don't copy
mediocrity, copy success.
Can you handle the fact that success will probably make you different from your
peers? Realize, that few can.
Let's
get to Andy who has spent six months on the job. Andy's warrior spirit tells
him that he should model himself after the one winner in the office, Don Nardo.
At least, Andy knows that the way to make money in the real estate business is
not spending the day doing crossword puzzles.
Andy talks with Mr. Taylor. And, Mr. Taylor frankly tells Andy that becoming a
master salesperson like Don isn't automatic. To be like Don means that Andy has
to learn the business from the ground up. You have to know more about your
product than do your customers. You have to know your customers needs. Why and
how will your product benefit them? Research. Research. Learn the product you
have to sell. Never presume that you can or should stop learning. In this case,
Andy needed to learn about investment properties.
Your knowledge will instill confidence in your customers. Many times it will be
your confidence that will be the deciding factor in a customer making the
decision to buy from you. When buying, many people look to the expertise of the
salesperson to lead them to a buying decision. People want to be convinced that
they are making a wise decision, the best decision. A primary role of the
salesperson is not to be a company/product robot but a confident convincer.
The experienced salesperson first establishes a rapport with the prospect and
then leads the prospect to the buying decision. In words, it's, "Mr.
Franklin, having listened to your needs, I know you're looking for the best
lawn mower you can buy for less than $400 and having researched all the models,
I would recommend the Green Top LX50 with the turbocharged shredder as a strong
best buy."
Andy's warrior spirit allows him to see that in doing months of research, he is
investing in his future. Andy is fortunate. Andy is fortunate that he can see
beyond the tip of his nose. He can see that eventually there will be a pay-off
for this day after day after night after day after night of work. Perhaps the
results will not come immediately, but they will come eventually. Andy invests
research time in his future.
When you research you are investing time in your own
future.
This is a key point. People with the warrior spirit, don't sit back and let
life just happen to them. They are pro-active. They invest in their futures.
And, they have the patience to realize that the rewards of investing may not be
immediate. The rewards may not come tomorrow or next week. If the rewards come
in six months or next year, that's all right. Time passes quickly and six months
and next year come quickly and, then, those who have made study and research
investments start to reap the benefits of those investments and so on and so on
as they continue to invest in the future.
Read books. Find mentors. Study
the competition. Join associations. Surf the Internet. Embrace technology.
Take classes. Attend seminars. Talk the business. Listen to advice. Try,
fail, get up. Try, succeed, move forward. Repeat.
The insurance salesperson who invests by helping an "old" customer with a claims problem
may not have the "old"
customer as a new customer for another three years until renewal but, maybe, in
the mean time, that old customer will be referring other customers who become
new business.
What do you think?
Andy does his weeks and weeks of research only to find that, really, he's less
than half-done. He takes a deep breath. He keeps his chin up. He invests some
more. He goes back to his Find people who are doing what he wanted to do and
then do what they are doing. Who, what, where, when and why? Don't copy
mediocrity, copy success.
research.
How
many people would have balked at doing all this work, which remember, is all
voluntary work? You can decide to forego the research and sit in the office and
knit and wait for your time to be the "up" person, which means that
you get your chance to answer the next telephone call. How many people would
have looked at Andy's research project and, at some point, have said,
"Hey, I'm wasting my time here. This isn't making me any money. I've
got to be doing something that's going to make me money, now. I need the money
now, not in six months. Who's going to give me any guarantee that I'm going to
make any money from all this work in six months anyway? No one else has to do all
this work just to sell real estate. The economy is bad ... We aren't doing
enough advertising ... These buyers will drive me crazy, they can't make up
their minds. Maybe I should be working for Brown Realty. Have you seen all the
listings they're getting? Where are we going for lunch today?"
From his research, Andy has a list of the real estate investors in town and he
has learned different things about each of them and their buildings. Now, he
has to put the research to work. He doesn't want to wait for the off chance
that one of the investors may call him. At this point in the story, the
investors don't even know Andy. He's the new kid in town. Andy has to find a
way to tell these investors, "Hey, I'm here, I'm special and we can do
business together."
A website is a good catalyst to start things bubbling. A website is a means for
Andy to open up a dialogue with the town's investors. The website contains
general information on real estate investing and specific information on area
rentals and sales. Let's talk.
"Mr. X, did you receive our monthly e-newsletter? Have you had a chance
to visit my website? Great. What did you think about that article on
historical rehabs?"
And, gradually in the conversation, by listening, he can learn more about the
particular investor's objectives, goals and philosophy on real estate
investment. When the appropriate time comes in the conversation, Andy can
introduce his rental and brokerage services. These calls are handled as no
pressure K.I.S.S. work, which means "Keep It Simple, Stupid." Andy
isn't trying to force anything to happen. Andy can end the calls with,
"Any
time I can be of assistance, sure, thank you, bye."
Make contact. Keep the contacts going. Establish name recognition. Reinforce
the services offered. And, listen.
Read
and think about the words of Lao-Tzu again, "The journey of a thousand
miles begins with the first step." This is a defining moment. Start
your journey now and you need never look back.
Mr. X may not be Andy's client for one month or two months or six months or two
years, but ...
Andy is a young man. He is one of the youngest people in
his field ... eventually...
A website and e-newsletters give Andy a means to separate himself from the
crowd of other investment property brokers in Newton. Presumably, Andy is
different. He does more work than the other brokers. He offers a new service.
And, he cares enough to keep following up. The first contact may not do it, or
the second, or third, or fourth, or eighth or the eighteenth, but, eventually...
What is the real objective of a commissioned salesperson?
The car salesperson can't worry that much about the car. The car is there.
Really, the salesman can add some icing on the cake, add some sizzle to his or
her presentation, but the majority of buyers in today's market aren't that
coercible that they will buy a car and accessories that they don't want. The
successful car salesman is really trying to do two things. First, he wants a
shot at showing as many cars as possible to as many buyers as possible. The
more he shows, the more he sells. Secondly, he wants the opportunity to sell
himself and the dealership to the buyer. The auto salesperson might say,
"You can buy another car somewhere else. You can even buy this exact
car somewhere else. But, if you buy this car, here, from me, you have me
backing up the purchase. I want you to think of me as kind of an insurance
policy for buying this car at this dealership from me. Here's what I want you
to know: I want you to want to give me your business now and in the future. I
want you to want to refer your friends and family to me." The car
salesman sells himself, his confident enthusiastic positive mental attitude
self.
You are extraordinary. When a customer does business with you, they
are dealing with an extraordinary salesperson who will try to make every aspect
of the purchase and the after-purchase as good as it gets.
Andy is selling someone else's building. He can't do that much to change his
product. He can add some icing and sizzle but not much more. Perhaps, he can
give the seller some tips on dressing up the building for sale, but Andy really
can't change the building.
Andy's real opportunity, what he can do, is to have many
investors, whom he knows on a first name basis, to present the property to,
and, he can tell the buyer that he will be around after the sale, if he is
needed. And, by knowing his individual investors, he can try to make the best
investor/building match.
Now, let's change the story. Perhaps Mr. Taylor wasn't the fatherly guiding
figure as portrayed in the story. Reconstruct the scene. Mr. Taylor was an old
grouch who was set in his ways and didn't want the office to change at all.
Andy still has his warrior ability. Andy still has his research. Andy still has
his ideas. Maybe, Mr. King at Crown Realty or Mrs. Simmons at Tri-Star Realty
or Miss Stuart at Century 21 would like to start an investment property
division with Andy at the helm.
Again, to be successful, you need the warrior spirit, you have to have a
positive attitude, you have to know what you're doing, and, if you're working
for someone else, you have to have the right corporate support.
The e-newsletters and, later, the Roundtable and New Investors meetings all
help to build Andy's image and generate business for him. Andy succeeds. Andy
succeeds big. But, Andy was ill prepared for early success. He becomes
self-righteous, domineering and full of himself. Andy knows. And, Andy's
friends at the hotel lounge should know that Andy knows. And, the investors in
Newton should know that Andy knows. Just ask Andy. Andy will tell you that Andy
knows.
After working so hard to climb to a solid position, Andy puts himself on the
edge of the cliff. He teeters on the edge. One deal goes bad. A second deal,
worse, a personal deal almost goes bad. He teeters. So hard a climb up and so
fast will be the fall down.
What saves Andy? Andy can go astray. Anybody can go astray. But, his warrior
spirit saves Andy. The warrior spirit makes Andy pragmatic. The warrior spirit
acts as a mirror, which allows Andy to see his true reflection. Basically, Mr.
Taylor tells Andy that he's acting like a jerk. The warrior spirit allows Andy
to see that, yes, he has been acting like a jerk. Andy can see what's right and
what works. And, equally important, Andy can see what he's doing wrong and how
self-destructive his actions have been. The warrior spirit allows Andy the
luxury of being able to blame himself for his miss steps and quickly put
himself back on track.
No success plan is foolproof. Every success plan is going to have hurdles and
obstacles and time losing and money losing offshoots. Most people quit and go
home where it is warm and comfortable. A few brave souls venture on.
The warrior spirit gives Andy the opportunity from his mistakes. He learned
about a financing technique to save his personal deal. He learned the
importance of "old boy" contacts, when Don called the bank president on his
behalf. He learned what happened to Don and how one accident of fate could
bring anyone, in a flash, back to square one. But, he also learned that being a
successful businessman positioned Don to provide his daughter with the best
possible care.
Andy helped Don; Don helped Andy. Don showed Andy how, through the use of
limited partnerships, he could begin to purchase much larger properties. Andy
could move into the big time.
In moving into the big time, buying multi-million dollar shopping centers, Andy
takes on new risks. This is new territory. After doing all the work to build up
a strong investment property brokerage business, and succeeding, Andy switches
a lot of his energies to another activity, limited partnerships. Is this right?
Is he possibly overextending himself? Remember that on top of all of this, he's
committed himself to quite a bit of charitable work. And, on top of that, he'll
be buying and managing the entire Taylor Realty business. Andy is a good
salesman but will he be a good manager? He wasn't very adept at inner office
politics before in dealing with the secretaries. At some point, the support
system of Mr. Taylor and Don will be gone. Andy will have to build a new
support system for himself and the company. He will chose to be guided by the
Military Action Principles™.
These are all great challenges for Andy. But, if successful at each of these
endeavors, by hiring and managing the right people, Andy could end up the owner
of a large thriving business worth many millions of dollars. It will be
someone, why not Andy? Could you be Andy?
Operational Limitations:
Most people are thinking about themselves and not you. What you do or don't do is your own business. Until you succeed, no one is going to pay much attention to your ambitious plans. They don't get it. That is correct, they don't get it. However, it really only important that you understand your goals and your plans. You must be self-confident and self-disciplined. You must be the warrior.
As you move from plateau to plateau, you will face new opportunities and new risks. How high do you want to climb? Will you be content to be just a little better than average or are you going all the way?
Have you figured it out? The type of business really doesn't matter. The economy and outside influences really don't matter. What is inside you matters, your warrior spirit matters.
Have you figured it out? You will never count yourself among the weak and the pampered, the whining and the befuddled. As a warrior, you are extraordinary and you deserve success.
Seeds for thought:
What type of people tend to be good at commissioned sales?
What is your idea of a good positive mental attitude?
Why is a positive mental attitude alone not enough to ensure success?
How do you find the division of income in many commission sales offices?
Do you think that it's possible to be a regular guy in the office and a super salesperson at the same time?
What kind of money can you expect to make if you follow the regular guy's example?
What does it mean for a person to invest in research?
Who or what do many people blame for their lack of success?
What is meant by K.I.S.S. work?
Why do you think Andy went astray?
What do you think helped Andy get himself back into the success lane?
Do you think that Andy now has the necessary qualities to be a good business owner as well as salesperson?
Jargon:
B2B - Business-to-business marketing and commerce.
Brick and mortar - A traditional business operation that commonly deals with its customers face-to-face in an office or store that the business owns or rents.
From Jump Street – From the beginning
Geek - A person who is proficient in one or more technical areas, especially in hands-on utilization of technology.
Going great guns – Doing very well
Hard copy - A physical document, usually text on paper.
HTML - Hypertext Markup Language is the authoring software language used on the Internet's World Wide Web. HTML is used for creating World Wide Web pages.
Impression The delivery of a single online ad to a single viewer one time.
It won't fly – It won't succeed or be approved
Not your cup of tea – Not what you're interested in
Trademark A name, symbol, or device used by a manufacturers of goods to identify its goods and distinguish them from goods manufactured and sold by others.
Tweaking – A slight adjustment.
Up person - the person in a sales office who will receive the next lead.
Visitor An individual who visits a Web site.
WHOIS – A web search to find the register owner of a domain.
Zero sum game – When somebody wins, somebody loses.
Questions and Answers:
I'm an Airman First Class and I do a lot of the work to publish our Base newspaper.
I like the work especially the graphics arts component. I'm thinking about
graphic design as a post-military career. Where do I start?
You research. You read. You
go online and to the libraries and bookstores and get all the books that you
can find on graphic design, on the graphic design business, and on famous and
successful people in the graphic design industry. You go online and find all of
the magazines and newsletters and trade papers in the graphic design field.
Whenever you have the opportunity off base or online, you meet with graphic
design companies and you talk with everybody who will talk to you, from the
designers to the photographers and artists. You talk with the account
executives who get the business, and to the owners who sign the checks. You
find the top people in the field and you ask if you can interview them. You
find people who have retired from the business and you ask about their careers.
Keep doing what you're doing and do an excellent job. Make your base paper
your calling card.
After
I leave the Coast Guard, I'm thinking about moving into commission sales,
probably real estate. But I'm curious - my wife works for a real estate company
where some of the agents make $20,000 a year and some $200,000. Do the high
achievers just work longer and harder?
The high achievers probably
do work longer and harder. However, the $200,000 earner does not work ten times
harder than the $20,000 earner. There's got to be something else. The top
earners have got to be working smarter and not just harder.
They surely concentrate on principle #2 - Appreciate your customer. They know
how to qualify their customers. They listen to the customers' wants and
concerns. They keep in touch with the customers with good news, bad news, or no
news. They are honest and keep promises. They work hard on the customers'
behalf. They pay attention to details. They follow up after the sale. They say
thank you. They ask for referrals and testimonials, and for the opportunity to
work with the customers again.
At the office, super salespeople arrive with objectives, goals, and a daily
plan. They arrive to work and not to get involved in office chit-chat. They
take their daily lists of things to do and they do the toughest thing on the
list first, so that the rest of the day is a breeze. They take classes and
courses and they read books. They build and maintain great websites. They
become active members of their trade associations so that they can meet and
learn from other successful salespeople.
They are people of action.
I want to start a picture framing business and I think that I have a good
business plan, but I've been to four banks and gotten four rejections. Should I
try four more banks?
Banks are businesses. Their business is to lend money, and they can't survive without lending money. Banks
want to lend money to anyone who they feel confident will pay them back with
interest. Most banks will want to establish a good initial relationship with
you so that as your business grows, and as your financing and banking needs
grow, you will stick with them.
This isn't happening. Why? You have had an opportunity to speak with four
lending officers and have hopefully solicited their opinions. Listen to them.
At this time, are your plans too ambitious? Is your financial contribution
going to be too small? Is your plan too thin on details? Is your experience in
the framing business lacking?
In the process of talking your business with industry leaders and other
successful framing company owners, you will ask them how they started and which
banks they use.
Action Plan:
Write a brief description of where you think Andy will be, personally and professionally, in five, ten and twenty-five years.
Do you have a clear vision of where you want to go and how you will get there? Are you following the Military Action Principles™? Have you written your Mission Statement? Have you signed up to receive your daily Action PrincipleĀ®? Are you reading a business biography?
A leader has the vision and conviction that a dream can be achieved. He inspires the power and energy to get it done.
Ralph Lauren
Real success is not on the stage, but off the stage as a human being, and how you get along with your fellow man.
Sammy Davis, Jr.
Nothing will come of nothing.
William Shakespeare
One can never consent to creep when one feels an impulse to soar.
Helen Keller
To strive, to seek, to find, and not to yield.
Alfred Lord Tennyson
The future belongs to those who believe in the beauty of their dreams.
Eleanor Roosevelt
We must open the doors of opportunity.
Lyndon B. Johnson
This is America. You can do anything here.
Ted Turner
Do it now. Then it's done.
Shaolin Master
The reading of good books is like a conversation with all he finest men of past centuries.
Rene Descartes
If you have an objective in life, you shouldn't be afraid to stand up and say it.
Johnny Bench
The only way to overcome is to hang in.
Dan O'Brien
You can't let one bad moment spoil a bunch of good ones.
Dale Earnhardt
The hero and the coward both feel the same thing, but he hero uses his fear, projects it onto his opponent, while the coward runs. It's the same thing, fear, but it's what you do with that matters.
Gus D'Amato
I hate to lose more than I love to win.
Jimmy Connors
It's better to look ahead and prepare than to look back and regret.
Jackie Joyner Kersee
I learned that if you want to make it bad enough, no matter how bad it is, you can make it.
Gale Sayers
Losing is no disgrace if you've given your best.
Jim Palmer
The best ballplayer's the one who doesn't think he made good. He keeps trying to convince you.
Casey Stengel
It's discouraging to make a mistake, but it's humiliating when you find out you're so unimportant that nobody noticed it.
Chuck Daly
None but a coward dares to boast that he has never known fear.
Ferdinand Foch 1851
A timid person is frightened before a danger, a coward during the time, and a courageous person afterward.
Jean Paul Richter 1763
The fear of death is more to be dreaded than death itself.
Publilius Syrus 100B.C.
Glory is fleeting, but obscurity is forever.
Napoleon Bonaparte 1769
He who pursues fame at the risk of losing his self is not a scholar.
Chuang-tzu 369 B.C.
The most glorious moments in your life are not the so-called days of success, but rather those days when out of rejection and despair you rise in your challenge to life, and the promise of future accomplishments.
Gustave Flaubert
To lead the people, walk behind them.Ā
Lao Tzu
More excellence comes about as a result of habit. We become just by doing just acts, temperate by doing temperate acts, brave by doing brave acts.
Aristotle
God grant me the serenity to accept the things I cannot change, the courage to change the things I can and the wisdom to know the difference.
Reinhold Niebuhr
To see what is right and not to do it, is want of courage.
Confucius