Day: June 2, 2020

Give Yourself A Trophy For Big Wins

Give Yourself A Trophy For Big Wins

I was recently interviewed by Colin Stewart on his podcast “Predictable Revenue.” It was an enjoyable experience for me as Colin is a great interviewer with a lot of experience in B2B Sales.

In that podcast, Colin asked me about intermediate rewards during the course of the business year. I gave some examples of how I used to reward myself when I was a direct salesperson. In this post, I would like to expand on that topic more than I did with Colin.

Winning the deal is important. You will receive more financial security in the form of loyalty from your employer as well as increased commissions. However, you need to put an internal incentive into your mind to help you through the tough times of the next sale.

We all know that there are times in the selling process that are just plain frustrating for the sales team. The prospect may be asking questions that are very basic. Or the prospect may be making it difficult to create a positive relationship. Whatever the frustration, it is helpful to have a little extra incentive to motivate you through the tough times.

Think of a sprinter in a track and field event. The sprinter wants to win so that her team will get more points and win the event, but that is not the sprinter’s only motivation. The sprinter is also motivated to beat her personal best time. The sprinter is also motivated to beat her arch-rival in the lane beside her. The sprinter is motivated to hear the cheers of the crowd and the accolades of her teammates, friends, and family. 

This personal motivation is used by the sprinter to fight through challenging practices. She visualizes winning the race when she is trying to do that last painful lift in the weight room. She visualizes the first place award when she practices her first three steps over and over for hours. She doesn’t visualize the team winning; she visualizes her personal win. It is the personal win that inspires the extra effort and sacrifice.

The sprinter’s job is to score more points for the team. That is why she is on the team. While she wants the team to do well, she also wants to do well and needs her own motivation. You are like the sprinter, and it is your job to sell your product. Selling the product keeps your company afloat and helps to employ all of the people in the company. Just selling the product and having your company do well may not be enough to fight through those challenging sales calls.

You should develop your personal win award. You may think that your manager should do this for you, but you cannot depend on others for your success. You need to create a personal win that will motivate you to push through those tough sales calls.

I suggest that the personal win is something that you greatly enjoy, but you can live without it on a daily basis. Set aside one activity that you will only do when you have won a deal of 5% or 10% of your annual quota. Once you have identified that win, never do it without closing a deal. It is your trophy activity.

Celebrate Any Win Over 5% Of Your Annual Quota

It is not possible for me to select your trophy activity. I can give you suggestions based on what others have selected. None of the following list may be personally motivating for you, but hopefully, it will give you some ideas.

  • Massage (or if you get massages frequently, a stone massage)
  • Dinner at a specific restaurant that you only go to when you win a big deal
  • A trip to the casino
  • Tickets to the local sporting event (or maybe better tickets than normal if you regularly attend)
  • A specific bottle of wine (or other favorite beverage – in the podcast, I discussed tequila)
  • A round of golf at a specific course (make sure it is not your regular course – you want this to be a special treat)
  • A new handbag or pair of shoes
  • Tickets to a show

It is worth repeating the one rule regarding deal trophies. Whatever activity you select as your trophy, make it an activity or purchase that you never do unless you win a deal. So if you chose to purchase a pair of shoes, a handbag, or attend a show, perhaps it is a certain style of shoes or handbag, or it is shows that are only at a specific venue.

After a couple of wins and the resulting reward, you will be able to visualize yourself doing this activity again when the sales process is challenging. You will be able to fight through the tough times because you know that there is a trophy at the end.

Photo by mohamed_hassan (Pixabay)