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Maintaining Focus in a Strong Recruiting
Market Every market, strong or weak, creates problems. The difficulties inherent in a good market are far preferable to those encountered in a poor one. Nevertheless, to proceed as though a booming market is totally free of problems is to reduce income in an excellent market and to develop habit patterns which will be very difficult to correct should the market turn sour. While well detail the Strategic Traps in a future article, the most obvious is simply a reduction of effort. Every long-tenured manager has seen this phenomenon. Transferring his observations to his staff, however, or even avoiding the trap himself may be a different matter. In a solid market of demand-for-talent-exceeding-supply, it is (relatively) easy to produce acceptable or more than acceptable billings. However, there is an appropriate Wall Street saying that applies to our industry as well: "Dont confuse brains with a Bull Market!" While our industry actually contains its fair share of brains, there is an area where many of us do come up short a strong work ethic in good times! It is part of a sales personality to be optimistic and confident. While this is clearly a positive in terms of tenacity during difficult times or situations, there is an accompanying negative to this trait. That negative is the belief that good times will last forever and a tendency to "coast" in a buoyant market. This is no time to "coast"! Rather, it is a time to work hard, stay focused, improve skills, and reap all the rewards we deserve. The following quiz will take less than five minutes to fill out. And it will provide a strong indicator as to whether you are maximizing your market or letting the market carry you along! "Work Ethic Daily Quiz" (To be filled out at end of every day)
If business is only fair, did you make presentations to (and qualify) at least five new prospective accounts today? Deductions
Scoring 10 points for each "yes" answer. If you answered yes to either of the "deduction questions", deduct 10 points each. Results:
If this test seems difficult to you, or unrealistic in some ways, note that a "no" answer to any of the main questions, or a "yes" to either of the Deductions, will absolutely reduce your concentration and production. Moreover, this test is more flexible than it seems. 12 correct answers would give you 120 points. You could effectively miss 2 questions and still score 100 points! How long should this quiz be taken? 30 days will be more than enough to identify long-term areas of concern. Anyone can have an occasional unproductive day. But if you find yourself missing the same questions, your productivity reduced by the same problems, for an entire month, then its time to realize that you are skating on thin ice. Success in our business in not measured solely by annual production. Rather, it is measured by billings as it relates to the general state of your market. Good production combined with poor focus is an eventual recipe for disaster! You will find it very difficult to suddenly change habit patterns in a deteriorating market. The above test will identify areas where you may have drifted away from a serious concentration on business. When combined with solid industry specific selling skills, a consistently good score will enable you to maximize your income in any market! Authored by Steve Finkel http://www.stevefinkel.com
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