How To Start Your Own Business and Be Successful

Written by Willard Michlin


Inrepparttar Movie and Play “South Pacific” there is a song called “Talking.” The words to that song go like this. Feel free to sing it. “Talking, talking, talking, talking, talk. Talk about thing you’d like to do. You have to have a dream. If you don’t have a dream. How you going to have a dream come true.” This isrepparttar 136532 first step. If you are going to devote 50+ hours a week to a business, it is really essential that it fulfill a dream you have. Surveys of successful people have shown thatrepparttar 136533 love ofrepparttar 136534 work has been more important thanrepparttar 136535 money. Interestingly, that usually equates into success inrepparttar 136536 work of love, which is then followed by financial success. It is also true that many people buy or start a business that they did not have any passion for inrepparttar 136537 beginning but learn to loverepparttar 136538 work and they worked inrepparttar 136539 field. The first rule then is stay close torepparttar 136540 heart.

In order to start anything new you must start out with a plan. We all have heard stories of great ideas that died because some one did not go pastrepparttar 136541 idea stage. The plan should include such simple answers torepparttar 136542 following questions; what is it you want to produce or sell? What isrepparttar 136543 list of steps that you need to take to produce your product? (Working backwards fromrepparttar 136544 final product, accomplishes this.) What are allrepparttar 136545 marketing and administrative steps that you have to take? And lastly, what resources do you need to execute this plan, including education and finances? This plan and all of its parts will give you a road map. So we haverepparttar 136546 second rule. “If you do not know where you are going. How do you expect to get there.”

We have all heardrepparttar 136547 expression. “The best laid plans of mice and men…” Now that you have a plan worked out and all its details, it becomes very important to take this plan and execute it one step at a time. One way to help move you rapidly through your list of targets is for you to put a completion date on each target step. This prevents procrastination (putting things off until tomorrow that you should of done today.) and keep you moving steadily towards your final destination. This brings us torepparttar 136548 third rule. “Followrepparttar 136549 Yellow Brick Road”

Onrepparttar 136550 above list of necessary questions wasrepparttar 136551 question of resources. In a capitalist society likerepparttar 136552 one we live inrepparttar 136553 two main resources are Capital (money) and Labor. This concept basically says you need both of these. It also implies that if you have more of one of these you can use less ofrepparttar 136554 other. For example; if I need a piece of office furniture I could 1. Spend my hard earned money and buy one or 2. I could get my tools out, buy some lumber and make one with my labor. There is third resource that is not mentioned but is just as important. It fits intorepparttar 136555 two resources by being called using your brain or your brawn (strength). How to you best utilize your brain so you can work smart? The answer is get educated on How to run a business. How to control finances. How to market your product? And my favorite: How to keep it and not pay it all out in taxes? Invest your hard earned capital in these very important resources. This brings us to rule number 4. “They can’t take your knowledge away from you.”

Building A Sales Force That Pays For Itself

Written by Willard Michlin


The elements involved in building a sales force, especially one that pays for itself and also adds value to any business, are many and varied. The whole purpose and direction of a sales manager needs to be directed to creating a sales force that causesrepparttar employing company to expand through increasing sales. This is done byrepparttar 136514 following general steps: Training sales staff to be able to sellrepparttar 136515 company product in large volume; correcting how sales presentations are made; handling any customer flaps his sales people make; and then testing and hiring more sales people, to create an ever increasing sales force. This is a continual process that a sales manager must be doing to justify his existence. If he doesn’t,repparttar 136516 company cannot expand.

Training to make a good sales person “Training them to be able to sellrepparttar 136517 company product in large volume.” A very wise American philosopher once stated that all a salesman had to do was to continue to try to interestrepparttar 136518 customer andrepparttar 136519 customer would eventually buy, ifrepparttar 136520 sales man continued to try to interestrepparttar 136521 customer! Like all great truths, they are ‘obvious’ once stated.

So, what does it take for a sales person to continue to try to interest a customer, no matter what objectionrepparttar 136522 customer raises and despiterepparttar 136523 sales person’s own impulse to ‘give up’ after a while? Lets look atrepparttar 136524 elements:

The sales patter: The first of these would be a successful sales patter. Here we are talking about getting a hold of someone or several people who are successful, at selling to customers, inrepparttar 136525 target industry, or a similar industry. Once such person(s) are found, you need to interview them to find out what they DO that made them a success. We are looking forrepparttar 136526 actions they take andrepparttar 136527 things they do, not what they think.

The best person to interview for this information is usuallyrepparttar 136528 most successful sales person, right there inrepparttar 136529 company, if one exists. Notes should be carefully made ofrepparttar 136530 actions they take to get a sale and these notes should be very exactly written up and turned into a patter that can later be drilled on new and old members ofrepparttar 136531 sales force.

Advertising and preparation: Next, a series of sale recruitment advertisements need to be created forrepparttar 136532 local newspaper. The receptionist ofrepparttar 136533 company needs to be briefed on what to do when calls come in. The adverts need to be big enough to attract attention and have enough mystery in them so that people actually call in to find out what its all about.

The receptionist should understand that all she is doing with calls fromrepparttar 136534 advertisements is routing them torepparttar 136535 person doing this project. She does not answer questions about whatrepparttar 136536 company is and what is being offered. She simply arranges for them to come in for an interview at a scheduled time or collects their phone numbers so that they can be called back and scheduled to come in, by someone else.

The interview: When applicants forrepparttar 136537 sales position come in, their interview is very specific and torepparttar 136538 point. There are certain very specific criteria that are being looked for in a good sales person. The two main one are, (a) can they persist along a given course? (b) Are they are interested in people?

That is an easy statement to make, to be sure. However, to find such people requires very exact interview procedures. The first step is testing. We use a series of 3 tests. One of these provide a detailed look intorepparttar 136539 10 most important job related traits such as Stability, Goal attainment, Composure, Certainty, Activity level, Aggressiveness, Responsibility level, Correct estimation, Appreciativeness and Communication level.

The other 2 tests measure an applicant’s ability to solve problems and how well they are able to following instructions – a vital test for anyone operating machinery where understanding and following instructions are very important!

Withrepparttar 136540 results ofrepparttar 136541 3 tests, one only needs to askrepparttar 136542 applicant questions regarding his past job failures, past job successes and when they first decided that they wanted to be in sales. These answers, compared torepparttar 136543 results ofrepparttar 136544 3 tests tellrepparttar 136545 whole story and can really make it very easy to select applicants most likely to succeed as sales people.

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