cold calling is a waste of time

         

Welcome to this week's
NeverColdCall.com Newsletter

by #1 Bestselling Author
Frank Rumbauskas

 

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FROM:
Frank Rumbauskas

I was trying to decide upon what to write about this week when the following email came in:

"Frank, I need to make my quota this month, help!"

Well ................

I think you and I both know the odds of turning things around that quickly, considering the fact that we're already into the month, are slim to none. This brings me to the topic I'd like to discuss - the importance of being organized, having organized plans that you stick with, and I'd like to touch once again on the concept of using systems and your overall "system of systems."

Probably the single biggest reason I struggled in my early days of selling was simply my lack of organization. I carried a scheduler just like everyone else, and would have defined blocks of time set aside for meetings, appointments, training, and other things that were pre-set. The rest of my schedule I simply left blank with the intention of using it to prospect for new business, but of course those hours were spent aimlessly thanks to the lack of any real planning.

Next, I read somewhere that you should block out specific hours for cold calling much like you would for appointments. So I began doing just that. The problem was, I still had no plan to carry out during those hours. Not to mention the fact that cold calling never got any real results in the first place. So I'd waste those hours wandering around trying to decide which buildings to hit or fooling around in the office shuffling leads and doing all the other things we're all guilty of doing in order to avoid real work.

Then I decided to hold myself accountable for doing a fixed number of cold calls during my set prospecting hours. This is how I accidentally discovered that leaving behind a well-written marketing piece on a cold call, rather than simply getting a contact name and leaving, triples or quadruples response rates. I drafted and copied a one-page flyer solely for the purpose of keeping track of how many cold calls I had done each day. In other words, if I committed to 50 calls, I'd copy 50 flyers and not stop until I had run out. Or if I ran out of time, I could count the remaining flyers and know exactly how many quality calls I had done.

(By quality calls, I mean the ones that accepted my marketing piece and forwarded it to a decision maker. This kept the "no soliciting, get out or we'll call security" ones out of my daily  count.)

At this point I finally began to see some measurable results from my efforts. Interestingly, they all came in the form of a call-back or fax-back from my flyers, rather than any progress or set appointments on the cold calls themselves. This is precisely when the light bulb went on in my head and the realization that there are dozens of better ways to acquire qualified prospects than cold calling.

In any case, getting back to my point about being organized and systematic, this is how I first learned about it, and unfortunately, I had to learn it by trial-and-error. I could have saved myself a lot of time, money, and misery if someone would have simply told me this from the start, which is why I'm now so committed to teaching these principles to salespeople. If I can save just one person from going through what I had to go through (being broke, fired, put on plan, job-hopping, etc.), then my efforts will be worth it to me in the end.

Moving on, I'm sure we've all been required to write a 'business plan' as part of our job requirements. As far as I can remember, I had to do it every January in every sales job I've had. Typically, what managers wanted to see in these  'business plans' wasn't really a business plan at all. It was the old "I plan to make this many calls to get this many appointments to make this many presentations to get this many sales." That's not a true business plan - that's the old, worn-out sales training model that worked once upon a time but is now outdated and obsolete. Granted, it makes sense in theory, but if most salespeople are brutally honest with themselves about how many cold calls it takes to get a qualified appointment who is in a buying mode, and what their true close ratio really is, they'll see that there simply aren't enough hours in the day to make that model work once you figure in time for meetings, conducting appointments, drafting proposals, doing expense reports and other routine duties, etc.

What I'd like to see more salespeople do is write a real business plan. This will ensure your success. Chances are, your manager will be quite impressed with it and happy to see you making such a calculated effort to succeed. Even if that's not the case and you're required to present the time-worn, waste-of-time "I'm going to make this many calls to get this many appointments" crap, you still need to have a real business plan for yourself. Give your managers what they want to see, but use your real plan to attain the success you desire.

Creating this plan goes back to the concept of having a "system of systems." Before you can create your master plan, you must first write plans for each of your individual prospecting systems you intend to use. Whether you're using the individual systems I teach, systems you've learned on your own, or systems learned elsewhere, it's very important to have each and every one planned out in writing. Then, and only then, can you write a master plan that ties everything together into one overall business plan that will work for you to achieve the goals you've set out for yourself.

Going back to our friend who said "I need to make quota this month," what I've just explained should show why neither myself nor anyone else can help someone who is out to make quota this month when we're already well into the month and that person has already fallen behind. A clear plan needs to be
outlined and followed in order to achieve any sales goals, whether it's a small ramp-up quota, or whether you're already a top producer who is now setting out to exceed 500%. Personally, I think each and every salesperson out there should draft a complete business plan, consisting of a system of systems, to attain 200% of quota. Even if all doesn't go as planned and a lot of people flake out on you after committing to buy, you'll still be fairly certain of attaining at least 150% by doing so. Why not go for it? It's really a lot easier than you think if you go about it in such a well-organized, well-planned manner.

If you're looking for ideas as to what, specifically, you can implement as to your individual lead-generating systems, please take a look at my "Cold Calling Is A Waste Of Time: Sales Success In The Information Age" program. It contains explanations of all the individual systems I used to achieve tremendous sales numbers in my career. It also shows you how to piece everything together to form your "system of systems" and also contains plenty of general sales tips and ideas that can help anyone regardless of where they are today. These are all practical ideas that anyone can start using right away, and after you've built it all into your master business plan, you'll begin to see astounding results. Order it right now at:

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You'll have the e-book in your hands in about one minute, along with a bonus package of over $300 in amazing products that will have you selling more immediately!  (The book and CDs will ship within one business day.)

(To order by phone please call (602)231-6711, 24 hours a day, 7 days a week.)


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Thanks once again for your time and thank you for reading. Good luck and happy selling!

To your success,


Frank J. Rumbauskas, Jr.

PS: Imagine what it would be like if you never had to make a cold call - ever again. You'll be able to do exactly that with "Cold Calling Is A Waste Of Time: Sales Success In The Information Age" - get it right now:

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Copyright 2008 Frank J. Rumbauskas, Jr. and FJR Advisors, LLC. All rights reserved. "Cold Calling Is A Waste Of Time: Sales Success In The Information
Age" and "Never Cold Call Again" are registered trademarks of FJR Advisors, LLC.