Daily money making activities is about discovering the activities or actions that are earning you the most money and putting them first on your list of ‘things to do.’ My theory is that if you’re focused on getting the money making stuff done, the other things will just seem to get done as a mater of course.

The idea is to resist procrastination and get started doing the essence of you work. This would be called the one principle of a good work ethic, i.e., if you are writing a book, you don’t sit there shuffling papers around your desk . . .  or if you are a sales rep, you don’t just research you product, you get in front of people who are likely to buy from you and you sell the your products.

There is an 80-20 principle I like as well. It’s simply the principle that 20 percent of the things you do are the things making you money and the other 80 percent you could do without. It’s about finding out what your highest 20 percent money making tasks are and spending your time on these jobs. The other 80 percent can be either delegated or completely discarded.

I am talking about simple things such as writing a list of things to do today and then crossing off all but the most important, then rewriting the list with only the top three most important thing on it and doing those. (You can hand the remaining task to someone else to do.) . . . or, if you absolutely need to do the other things, too, set aside one hour of the day to blast through he less important things all in one hit.

Many good sales professionals have a great team working for them who help them keep their calendar booked up with prospective client visits so they do nothing but sell. That’s the environment we’re aiming for. It’s ideal for growth and profit. There’s nothing worse than being scattered between tasks when you need to be focused on the prospect during a presentation.

When you walk into a prospective client’s office, leave everything else outside the door, and I mean everything. Stay focused on what you are doing, if not, the potential client will see you are ‘elsewhere’ and wonder why he or she is not important enough to warrant your full attention and probably go with someone else who does give them their full attention.

Problems are another item that takes away from the task at hand and making money. Try to avoid bringing your problems into the clients office, like I said, leave them outside the door, pick them up on your way out, they will still be there. Hold a meeting with your team to work on the problem; many heads are better than one, if you can’t figure out a solution on your own.

If procrastination is creeping up on you, stop and ask yourself, ‘is this making me money or am I just avoiding something?’ if the answer is you are avoiding something, take a deep breath or go for a short walk, clear your head and get back to work. Stop the procrastination in its tracks, take it away from your desk, stick it in a draw and leave it there until you are ready to deal with it.

Remember the “A” “B” and “C” list of what you should be doing and this should also help you with your ‘Daily money making activities’ and keep you on track.

“Plan your progress carefully; hour-by hour, day-by-day, month-by-month. Organized activity and maintained enthusiasm are the wellsprings of your power”.                 Paul J. Meyer

How is it that some sales professionals hit the mark every time, while others can’t even find the target?

Advances in technology and social networking through the Internet groups, have made advertising an unprecedented and acceptable way to focus their pitch to a select few, namely your prospective clients.

Targeted advertising focuses on specific niches rather than a broad range of interests your potential customer might have. This way, if they know what they are looking for, they will surf right to your website or pick you right out of the phone book because you know your market and you are targeting these specific groups of people, your potential clients.

Say you apply for a credit card. All of a sudden, you get more and more offers for credit cards from advertisers you never even heard of. You’ve been placed on a mailing list or targeted as a ‘more likely purchaser’ of certain items using a credit card then others consumers who have not applied or received a credit card in the past few months.

Of course targeted advertising has been around for years; however, it usually targets small groups of people instead of individuals. If you take out a subscription to a car magazine or a home décor magazine, you will be inundated with offers from car dealerships or home furnishing stores. It’s not exactly “who you are” but rather, “what you are.” What you are is a consumer of home décor or automobiles because you showed interest in these items through your subscription to the magazines.

If there is a specialty magazine for your product or service, first of all, you should be reading it, secondly, you may be able to acquire a list of subscribers from the company. Although, some magazines have a strict policy against distribution of mailing lists, but the names are generated from somewhere, aren’t they?

Things may be changing as new technology in search engines and social networking sites become more sophisticated with information and the possibility of tracking people through purchases and zip codes or phone numbers given at the cash register. Tracking people through their purchases gives the sales professionals an insight into their individual tastes in products and services.

So if you don’t have a website, what would be the easiest way to reach your target potential client? Walk in their shoes, think like they think, do some research. Find out who they are currently doing business with and why. What is your competition doing for them that you can do or offer to do better? What solutions to their problems can you come up with that they haven’t even thought of yet? These are all great questions that will help you hit your target consumer with the right ammunition.
“My advice is to go into something and stay with it until you like it. You can’t like it until you obtain expertise in that work. And once you are an expert, it’s a pleasure.”         Milton Garland

As a sales professional, time is your only inventory. You need to be 100 percent absolutely positive that you’re doing the right thing at the right time for the right reasons.

There is a myriad of things that can waste a sales professional’s time, but if you have solid goals and attempt to achieve them, you should be able to weed out the time wasters and continue to ad value to your life.

Here’s an example of wasted time you don’t even think twice about because it’s time, your time. Say a co-worker stops you in the hall and demands $150. Of course you say no because you know the value of $150 and you won’t just give them that kind of money; however, you allow this same co-worker to hijack your time by dragging you into a meeting that has nothing to do with you or your sales process for hours on end. Where is the value in that? Time is money.

One of the main keys to successfully managing your time is to take back control of it. Take charge of your own time and attention. Don’t be to quick to give other people power to boss you around or delegate their work to you, unless that is your job, to help others and only if you have the time and it is a learning experience or can ad some other type of value to your life or goals. Also, don’t get caught up in reading countless articles or data on the Internet or magazines, a few will keep you up to date, so will watching the evening news. Time wasters don’t get home in time to watch the news, but professional salespeople do.

One of the major time wasters of culture today is e-mail. It can take up to a day to catch up and most of it isn’t as important as the subject line indicates. Use the folders feature in your e-mail program. Make a folder for anything addressed to multiple recipients, another for ‘press releases’ and another folder for ‘urgent.’ This way, you will not be checking your e-mail every few minutes of the day. Set aside a certain time, once in the morning and once in the afternoon, perhaps before you go out on a sales call or take a break, to check and respond to an e-mail.

If you work with a team, get them together and discuss a mutual subject line for e-mails and tell them of your plan with the e-mail folders. Hopefully, this will catch on with the rest of the team and time wasting will be cut down. Another thing you might want to discuss with your team while you have them all gathered together is questions and answer time in addition to quiet work time. If you have a conference room, you could all set up in there, say, every other day, and work independently of one another, but if questions arise or if someone needs help, you are all right there. No hunting for someone who may be busy doing other work.

The same goes for quiet time. Designate a period of time, everyday or every other day, which ever works best for you and your team, so that no one interrupts each other. Everyone remains quiet and to themselves for the duration of the quiet time. Of course if there is an emergency, a client or customer on the phone, that is different. I am talking about your co-workers and time wasting with constant questions or interruptions of other kinds.

I’ve mentioned this before, but it bears repeating; learn to say “no.” If it’s hard for you to say “no” try using words like “kinda interested” or “maybe later” or “I’ll need a little more information,” then make your decision to help this person based on the information and the amount of valuable time you have to spare.

“My interest is in the future; as I’m going to be spending the rest of my life there.” Charles Kettering

The major problem facing sales professionals today is an extended and unpredictable sales cycle. As I explained above, it’s a vicious cycle that ends in last minute decisions, often with your competition the winner of your sale. Here are a few ways to avoid and or deal with the sales cycle.

• Take the sales cycle seriously. Of course there are going to be exceptions, but they are not the rule. Everyone looks for ‘ripe fruit’ – the prospective client who must make a buying decision now – but that’s the exception and it’s mostly the result of luck not sales skills.

Although there are the lucky sales, they should never be thought of as the norm. The extended sales cycle is the standard working environment for all sales professionals.

• Connect with what counts. Relationships are critical to be sure, but because of the Internet, buyers are much better informed and they can spot incompetence much more quickly. Customers know when someone is just trying to sell them something. The other side of blowing smoke is being blown away by a potential client who demands knowledge and expertise from their suppliers and are willing to settle for nothing less.

The goal is to impress the prospective client with what you know, not where you take them to lunch.

• Focus on the potential client. Even though the question seems basic to sales, but sales professionals rarely ask: “What do you want to accomplish?” And, even if it is asked, they almost always come across in a less then genuine way. As if the salesperson is really only interested in getting the answer and moving on to his or her presentation.

Finding out what the potential client wants is one of the keys to the sale. How can you give a meaningful, powerful and compelling presentation if you have not taken into consideration what the potential client wants to accomplish?

The test is how the potential client feels after the presentation. Was the focus on what the sales professional wanted to get across or was it on obtaining the necessary information to make an informed proposal?

• Patient follows through. The anxious sales professional says “I need sales now!” Well, who doesn’t? But the questions miss the essential issue. What sale professionals need are customers and customers don’t come quickly. Rather, they occur over time, by patience.

Those salespeople who say they need to make a sale are letting the cat out of the bag. They are telling the world that they haven’t identified the need of the potential client or cultivated a relationship with that prospect.

These salespeople are like the hunters of big game, they want to be driven, in a Hummer, to the exact spot where the animals gather, shoot them, bag them, then be driven back to the lodge to ‘tell their big game adventure.’ That isn’t hunting and it isn’t sales. Both require careful planning and massive amounts of persistence and extraordinary patience.

• Communicate competence. Some sales professionals like to talk about their products or services are innovative, cutting edge and far above the competition. Potential clients prefer to see a salesperson that is innovative and cutting edge.

A marketing consultant was asked to prepare a brochure. He asked the client: “Why do you want a brochure and what are you going to do with it?” By digging deeper, the consultant found that the company’s sales force was actually looking for help with prospecting and the thing that came to mind was a brochure. Needless to say, the brochure was scraped and a prospecting program was implemented.

Another key to making sales is coming up with the right solutions to the right problems.

• Plan for the long-term. ‘Making numbers’ is a Damocles sward over every salespersons head. Translation, it means, the urgency of the immediate demands total attention. Today, that is something that never changes.

The solution is to identify, carefully cultivate and manage a substantial number of prospective clients over the long-term. The more precise and efficient you are with this process, the greater the flow of sales you will enjoy.

• Counsel the customer. The president of an insurance company called a salesperson in and wanted her to help them promote a new business initiative. After working on it for a month, she less than enthusiastic about the assignment. She asked herself, “Why do I feel this way?” The answer was easy; the president was clearly interested in only selling the product. The shortcut to success ended in a short circuit for the operation.

The sales task is to covet the customer relationship more than the order. The privilege of being able to provide helpful, valuable assistance to a customer is what creates sales.

• Stay on track. Staying on track is another key to long-term sales success. It’s easy to fall prey to the latest quick fix sales gimmick and when that fails, find another one.

The answer is to stay on track, stay with sound principles and understanding the sales environment. Focusing on the prospects, communicating your competence, planning for long-term and being the customer’s trusted advisor are some of the ways you can stay out of the sales cycle that can turn the best salespeople into desperate salespeople.

“The better your relationships the shorter your sales cycle and the more money you will make.” Dan Brent Burt

How to be wealthy right now:

1. Define what wealth means to you – exactly what it will take for your to feel wealthy.
2. Lock that definition firmly in place. Don’t keep raising the bar.
3. Make sure you definition is achievable.
4. Create a plan that is achievable.
5. Make it a must for you by listing the reasons you must be wealthy.
6. Finalise your plan and work out the details.
7. Follow through on your plan by taking immediate action toward it’s attainment.
8. Make yourself responsible. Let experts coach you, but don’t abdicate your responsibility.
9. Don’t give up when the going gets tough.
10. Make your life a business and expect a year-end profit.
11. Don’t let other people’s emotions control or cause you to deviate from your asset allocation.
12. Get good coaching.

Finally, remember that real wealth comes from an abundance in all areas: mental, emotinoal, physical, and spiritual. The real key to unlocking wealth is just one thing… gratitude. The moment you feel grateful is the moment you feel rich.

“THE WAY TO ACHIEVE SUCCESS IS FIRST TO HAVE A DEFINITE, CLEAR PRACTICAL IDEAL – A GOAL, AN OBJECTIVE.  SECOND, HAVE THE NECESSARY MEANS TO ACHIEVE YOUR ENDS – WISDOM, MONEY, MATERIALS, AND METHODS.  THIRD, ADJUST YOUR MEANS TO THAT END.” – ARISTOTLE