The Law of Averages And The Blind Squirrel You're Success Make It Work For YOU!!!

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Well I don't usually start threads around here but today I've decided to talk about something that will hopefully inspire and motivate some to actually get away from the front of their computer and get out and talk to business owners.

Its the Law of Averages.

How to make it work for you?

First off lets start off with the premise that you have a reasonable grasp of how to effectively communicate your services and why a small business owner needs them.

Secondly lets move away from all the higher level selling tips and techniques that I and others on this section of the forum are well qualified to speak about. AND Assume you either just starting out prospecting face to face or have some minimal experience talking to business owners.

OK! Lets rock and roll!

I'm not going to go all yoda on you guys about this but I'm going to be straight forward and to the point.

Every one of us will always end up meeting that one business owner that we click with. We match personality wise, we like each other, we "get" each other, we just connect with them.

I call these the acorns that even the blind squirrel will find in the grass. The point is this. If that blind squirrel never leaves the tree he never finds the acorn. He has to take action by leaving his little nest, climb down the tree, venture into the grass and start feeling and sniffing around until he finds that acorn.

The law of averages dictates that if the squirrel makes enough attempts to find the acorn he WILL find it.

The law of averages also dictates that if you meet enough business owners you WILL find that 1 acorn.

Now here is how to FORCE the law of averages to work in YOUR favor.

Lets use some numbers as an example.

Lets suppose that you need to visit and speak to 20 business owners to find at least 1 acorn.

Keep in mind, 20 owners who can make a decision, not gate keepers, not managers. Owners or some one authorized to pull the trigger and cut you a check or sign a contract.

So the REAL question is this, if based on the example above 1 in 20. How long or how many days will you decide to take to find and speak to 20 people who can make the decision?

There are two factors at play here.

TIME and THE LAW OF AVERAGES.

Time can either make the law of averages work against you or FOR you. You decide, its completely up to you.

You want to take a whole month to speak to 20 business owners or decision makers, OR do you want to take 1 or 2 days to accomplish this?

There is NO OTHER EXCUSE the ball is totally in your court, you can swing and miss 19 times and hit 1, OR you can not swing at all and end up with nothing.

As I mentioned briefly before, you don't have to be a sales superstar you just need to find that ONE acorn. The one person who you just "CLICK" with to get that sale. That's it!

All the other higher learning stuff that I and others post on here is great information to learn from and that stuff WILL help you as you become more experienced. You'll even be able to apply it so that the Law of Averages is always more in your favor but let me be very clear...

You don't need it YET if you are just starting out. You only need to be the blind squirrel.
#averages #law #make #pertains #success #work
  • Profile picture of the author kenmichaels
    Originally Posted by Rus Sells View Post

    As I mentioned briefly before, you don't have to be a sales superstar you just need to find that ONE acorn. The one person who you just "CLICK" with to get that sale. That's it!
    And once you find that one you "CLICK" with , they will introduce
    you to others that you will most likely "CLICK" with as well.

    Its were the best referrals usually come from.
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  • Profile picture of the author ADukes81
    Great post Rus!

    I like this quote from Ralph Marston...

    Dare to take action. There's no risk you may fail. Yet if you take no action failure is a certainty
    I have the sign hanging up in my office.
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    • Profile picture of the author jimbo13
      Rus

      Nice,simple analogy on the Squirrel front.

      Slight addition to your post on LoA is that I used to work out the £value per knock or call for staff and put the figure on a Post-It Note and stick it on that tele-sales persons phone or field sales reps folder.

      It would just say,

      'So James, how many £34s do you want today?' for example.

      Worked a treat.

      Easily used by the one-man-band.

      Dan

      PS: Agree on the over analysis of sales threads. I thought it was because you were all American and needed to overcomplicate things. You've put my mind at rest now, thanks.
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      • Profile picture of the author Rus Sells
        Jimbo,

        That's a good way to look at it too, so lets break it down.

        Lets assume that we are offering Google Places with a conjoining web site.

        Our Charge for this to complete the work is $850 dollars with a cost of around 200 outsource the work this leaves $650 net profit per sale. This doesn't include monthly re-bills.

        So with the squirrel example above and we get 1 every 20 pitches with decision makers.

        650 / 19 = $34.21

        We can see here that we are getting paid 34 dollars to be told NO 19 times.

        What IF we happen to sell 2 in 20?

        Lets see:

        1300 / 18 = $83.33 for each NO we get.

        IF you up sell both these sales for just another $250 profit each you are now at:

        1800 / 18 = A cool crisp 100 BUCKS for each NO.

        Originally Posted by jimbo13 View Post

        Rus

        Nice,simple analogy on the Squirrel front.

        Slight addition to your post on LoA is that I used to work out the £value per knock or call for staff and put the figure on a Post-It Note and stick it on that tele-sales persons phone or field sales reps folder.

        It would just say,

        'So James, how many £34s do you want today?' for example.

        Worked a treat.

        Easily used by the one-man-band.

        Dan

        PS: Agree on the over analysis of sales threads. I thought it was because you were all American and needed to overcomplicate things. You've put my mind at rest now, thanks.
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  • Profile picture of the author Rus Sells
    The lack of response versus the views clearly communicates that people aren't willing to meet business owners face to face. Oh well its yall's loss!
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    • Profile picture of the author kenmichaels
      Originally Posted by Rus Sells View Post

      The lack of response versus the views clearly communicates that people aren't willing to meet business owners face to face. Oh well its yall's loss!
      Well based on other threads, they aren't willing to call them either ...

      Its hard for me to understand how some people in here say they are running a business.
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    • Profile picture of the author David Miller
      Originally Posted by Rus Sells View Post

      The lack of response versus the views clearly communicates that people aren't willing to meet business owners face to face. Oh well its yall's loss!
      I don't think it necessarily means that at all....could mean they're all in the park watching squirrels to see how it's done.
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      • Profile picture of the author Rus Sells
        LOL good point!

        Originally Posted by David Miller View Post

        I don't think it necessarily means that at all....could mean they're all in the park watching squirrels to see how it's done.
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    • Profile picture of the author DianaHeuser
      Originally Posted by Rus Sells View Post

      The lack of response versus the views clearly communicates that people aren't willing to meet business owners face to face. Oh well its yall's loss!
      Not necessarily true Russ. I for one was impressed by your comment of doing it over 20 days or 2 days. What I did was make a list of 30 people that I am going to call on Wednesday morning. And I am going to do that once a week.

      Just because I did not comment, does not mean that I did not take action

      Di

      P.S. The only reason it's Wednesday and not Monday is because Wednesday is my first day of freedom. Going full time into this from then
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      • Profile picture of the author Rus Sells
        Thanks Diana!

        So how's your freedom going so far? You need any help?

        Originally Posted by DianaHeuser View Post

        Not necessarily true Russ. I for one was impressed by your comment of doing it over 20 days or 2 days. What I did was make a list of 30 people that I am going to call on Wednesday morning. And I am going to do that once a week.

        Just because I did not comment, does not mean that I did not take action

        Di

        P.S. The only reason it's Wednesday and not Monday is because Wednesday is my first day of freedom. Going full time into this from then
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  • Profile picture of the author Jason Kanigan
    True true. Much quicker to find those 20 decision makers and talk to them than sit around doing nothing and worrying.

    Think about all the things you've put off in your life. The putting them off part always took much longer than the actual doing, didn't it!

    And I'll bet you felt much better after you got it done.
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  • Profile picture of the author rolltide
    Awesome thread Rus! I was over in your neck of the woods last Friday/Sat for Dave Ramsey seminars. What is your "pitch" when you bust in and meet the business owners face-to-face?
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    • Profile picture of the author Rus Sells
      I tell them buy my **** or I'll beat you up! NO just kidding!

      Dude it really so much depends on them. I read them first now as I've been selling face to face for over 2 decades. Somethings I always do is talk like they are already my customer. I always try and get them to sit next to me side by side. I always make them answer yet to me by asking any questions I might ask in such a way that they have to answer yes. Stuff like that.

      Originally Posted by rolltide View Post

      Awesome thread Rus! I was over in your neck of the woods last Friday/Sat for Dave Ramsey seminars. What is your "pitch" when you bust in and meet the business owners face-to-face?
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  • Profile picture of the author link82
    Rus, thanks for this post. I actually got done making my first ever 18 businesses/owners. A lot ended up being voicemails, one hang-up, one told me he is getting a site built but to contact him in 2-4 weeks to see if he needs me then, one told me he is working with AT&T for $4000/year & doesn't believe search engine can do much for him, one wanted a quote for three cities but probably won't work with me because he has scaled back.

    Keep in mind, however, that I have already sent a video to each of these businesses so I had something to talk about instead of a rigid script.

    The cool thing is that the guy who was a know it all working with AT&t/Yellow Pages said he appreciated the video and could give me a few referrals. Sweet!

    Now, if the other two don't end up working with me either but can hand me a referral or two, that would be sweet as well.

    Anyway, I know 18 calls is nothing but I have began so that's pretty cool to me. I want another new client and will do what it takes. Thanks!
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  • Profile picture of the author rgrimes
    Very Good tips there Rus, gotta get more confident and take more action talking to more prospects, that's key! When I was in car sales it was the same way, if you talk to say for example 60 clients, you'd go on demo's with say about 45 of them, and then take about 30-40 in the negotiation booth with you and sale about 15-20 cars. Law of averages works! No matter how scared you are to get started, if you want to succeed you need to take action and you'll make sales!

    Also if you can't seem to make any sales keep refining things until you do...
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