Sales Tip for October 2007 - Volume 1

Danny Wood is a nationally known trainer and speaker on sales and sales management.

Danny specializes in working with business owners, CEO’s and senior managers to maximize the return on what is often their most underutilized resource, the sales team.

Danny’s work has been noted for providing his clients with the ability to realize millions of dollars in additional business that would otherwise have never materialized or would have been lost to competitors.

His knowledge, experience, and tremendous respect for the Sales Professional led to his being selected by NJEntrepreneur.com to be their Sales Expert.


"I have finally gained great control over the sales process in my firm."
Marc Blumenthal - Principal
Sax, Macy, Fromm

"Our staff has new confidence and much less fear."
Richard Magid - President
Soundboard, LLC

"I can’t remember the last time I heard, Boss – Our prices are too high."
John Fernandez - Owner
Signmasters, Inc

"Our sales went up 30% since we started with Danny’s program."
Jim Margiotta – President
PBI-Dansensor America, Inc.

Hear Danny Speak on
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You are Currently Earning Exactly What You Think You’re Worth


This is a hard attitude to internalize because it puts all of the accountability for our career and monetary success on us. It removes all of the external factors that are frequently used to explain why we aren’t achieving more than we are. The fact is however, that we are truly earning what we think we are worth. Money is a concept. We form a concept in our heads of what we should be making and by extension, what our professional value is. The problem in sales is that when we settle on a value of what we should make, it limits our growth.

So how do we know what our internal money concept is and the value we place on ourselves professionally? If you were to quit or lose your job today, what compensation package would you accept at a new job? The majority of people answer 10 – 15% higher or lower than what they currently make. Typically, outside factors are used to justify this decision. Many times personal spending and lifestyle habits affect what a person feels they are worth and what they need to make. Other times people reason that if one company paid me “x” amount of money, another one should as well. The idea that the person is worth quite a bit more or less rarely enters the thought process. This phenomenon typically manifests itself in salespeople by reaching a mental plateau. A salesperson who gets a slow start to the year ramps up closing more business than usual, usually thinking that they are better than the results would indicate and adjust the results to reflect that belief. T he opposite can be true. A salesperson that closes an unusually large deal and feels they are making more than their ability dictates, begins to coast thus not aggressively going after new opportunities.

Money is a concept. Never limit yourself by assigning a value to what you do. One of the best things about sales is that you usually have some direct control over your income. Don’t squander that advantage by setting a dollar amount in your head and finding a way to only meet that number. A money concept is good if you fall behind and it motivates you to improve to meet a goal. However, don’t let it limit you, look to constantly improve and if you find yourself excelling, strive to excel further. You are earning exactly what you think you are worth, give yourself the credit you deserve by upping that personal value assessment

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"Without a doubt the most street-wise, relevant,
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Wed, Oct 31st, 8-11am - Glen Ridge Country Club

This is an event that is not to be missed.
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Danny Wood Enterprises, LLC
201 Route 17 North, Suite 300
Rutherford, NJ 07070
Ph: (201) 842-0055
Fx: (201) 842-0789
Danny@DWESalesGrowth.com
http://www.DWESalesGrowth.com

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