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Mastering the Growth Equation for Sales Success

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What is the willingness that top salespeople share?

To take responsibility for their weaknesses

What is the name of the motivational speaker and author mentioned in the text?

Marcus Buckingham

Where did the author meet their first sales mentor?

At Marriott

What was the consequence of being late to sales meetings?

No customers for the day

What happened to a colleague's car in the parking lot?

A company bulldozer rammed into it

What was the author's eventual position at Marriott?

Top salesperson

What is the main idea behind Greg's third rule of sales encounters?

To understand the real reason behind a customer's decision not to buy and learn from it

What is the universal truth referred to as according to the passage?

The Growth Equation

Why is a commitment to growth necessary in selling with heart?

Because it creates more authentic relationships and deeper connections

What is the main difference between people with a fixed mindset and those with a growth mindset?

Their ability to learn from failures

What do people with a fixed mindset often do to mask their deficiencies?

They try to mask their deficiencies with false bravado

What did the author learn from Greg?

The three rules of sales encounters, including taking responsibility for actions

What is the outcome of taking a good look at one's habits and being vulnerable enough to admit what's working and what isn't?

One learns and grows

What do high achievers possess, according to Carol Dweck?

Intelligence, talent, and a commitment to growth and continual learning

What is the result of surrounding oneself with others who have committed to growth?

One's connections become deeper and their paycheck increases

What is the quoted phrase from Albert Einstein in the passage?

We cannot solve our problems with the same thinking we used when we created them.

What is the hallmark of those with a growth mindset?

A passion for stretching themselves

How many years of formal education did Benjamin Franklin have?

Less than two years

What was the name of the club formed by Benjamin Franklin in 1727?

The Junto

What was the problem with the author's friend Cindy?

She was always complaining

What is the key to mastering the Growth Equation?

Commitment to growth and forming bonds with growth-minded colleagues

What did Linda blame for her lack of sales?

The prospects

What was Linda's position in the sales team before the seminar?

Bottom 10

What did Linda achieve two weeks after the seminar?

She moved to number 2

What was Linda doing when the author saw her after the seminar?

Writing her speech

What is a characteristic of people with a fixed mindset?

They blame external circumstances for their lack of success

What is the primary reason top salespeople never blame external factors for their lack of success?

They take responsibility for their own success

What is the result of not taking responsibility for one's own success in an organization?

It can prevent an otherwise talented salesperson from growing

What is the main issue with blaming external factors, according to the author?

It prevents learning and growth

What is the alternative to saying 'They didn't have the money'?

I didn't show them the value

What is the author's advice to take more responsibility immediately?

Change your self-talk and the questions you ask yourself

What is the consequence of playing the blame game in an organization?

It can mean the death of an organization

What is the author's main point about excellence?

It's difficult to achieve

Who is responsible for providing mentorship and accountability in an organization?

Leadership

What is the author's advice when someone says 'They're indecisive'?

Look for ways to improve the sales approach

What is the author's main point about excuses?

They're almost always your enemy

What is the author's default mechanism when something goes wrong?

Blame

Why does the author seek advice from many people?

To have someone to blame if the advice doesn't work out

What does the use of words like 'He', 'She', and 'They' suggest?

That someone else is in control

What did Buzzcut Bruce's questioning style resemble?

An interrogation

What is the problem with asking questions without genuine curiosity?

It may come across as an interrogation

What is the benefit of being more interested than interesting?

It makes the speaker look smarter

What do curious salespeople do before meeting a prospect?

They research the prospect's company

What do curious salespeople want to understand about their customers?

Their inner worlds

How do curious salespeople react to objections?

They ask questions to understand the objection

What are curious neuroscientists studying?

The impact of curiosity on the brain

What is the importance of reading news like The Wall Street Journal or The New York Times daily according to Eric White?

To understand the customer's politics, business, and economy

What is the author's suggestion to 'amp up curiosity'?

Read news and engage with challenging material daily

What did Maria João Pires realize during her performance at Amsterdam's Royal Concertgebouw?

She had prepared to play the wrong concerto

What does mastery allow top salespeople to do?

Listen with their heart, pivot when necessary, and teach others

What is one shortcut to mastery mentioned in the passage?

Seeking feedback

What is Barry's attitude towards improvement?

He is skilled but not interested in improving

What is required for mastery according to the passage?

Time, practice, and taking on new challenges

Why is feedback important for mastery?

It powers performance and growth

What is one key aspect of 'unconscious mastery'?

Performing without thinking about the details

What is the result of surrounding oneself with people who have different opinions?

Growth and learning

What might achieving success mean to others?

Having time to do charity work and spending more time with family

Why is it hard for many people to accept responsibility?

Because they are not used to taking the blame off themselves since childhood

What was the author's goal for the New Year?

$100,000 and a white BMW

How much did the author make the year before they set the goal of $100,000?

$29,050

What did Greg ask the author after the author shared their goal?

What did you make last year?

What was the equivalent value of $100,000 in today's money?

$500,000

What happens when someone does not accept valuable feedback?

They cannot grow

What is essential for achieving higher levels of performance?

Working with mentors

What is the ideal ratio of positive-to-negative advice?

6-1

What is the benefit of finding a mentor who gently tells you how to improve?

Your brain will be more receptive to areas where you need to improve

What is the maximum number of things one should focus on at a time?

3

What is the 'information gap' theory developed by George Loewenstein?

The difference between what we know and what we want to know

What is the purpose of feedback?

To know what you’re doing well and what you’re doing poorly

Why is it essential to let the person giving you feedback know your goals?

So they can understand what you want to achieve

What was the author's husband's criticism about the author?

She didn't know much about the world

What did the author's husband mean by 'You're a Ferrari on crap gas'?

You're very smart but lack knowledge

What should a good mentor do when giving feedback?

Tell you what you did right first, then what you did wrong

What is the 'Hotel Theory of Learning'?

Before something can check in, something else has to check out

What is the result of not accepting valuable feedback and not growing?

You will destroy your relationships, and your chance at growth

What is the expression in golf that is similar to feedback in sales?

The Swing Thought

What did the author start doing after her husband's criticism?

Started reading newspapers, The New Yorker, and more

Why is it important for salespeople to be knowledgeable about current events?

To build credibility and rapport with customers

What has changed about the way customers get information about products?

They have many ways to research products, including video demos and Yelp reviews

What is necessary for credibility as a salesperson?

Knowledge of current events and the product

What was the outcome of the author's decision to broaden her knowledge?

Her relationships, self-esteem, and business grew

Why is curiosity an important trait for an engaged citizen and an interesting person?

It allows you to stay informed about the world

What can 'success' mean to different people?

All of the above

What is the main challenge in accepting responsibility?

It is a natural tendency for many people to blame others

What is the purpose of being clear about what you want to achieve?

To get specific feedback

What is one behavior that many people carry into adulthood?

Blaming others for their mistakes

What did Greg do to help the author get comfortable with accepting responsibility?

He helped the author set a specific goal

What is the equivalent value of $100,000 in today's money?

About $500,000

What did the author want to achieve in the New Year?

All of the above

What did the author make the year before they set the goal of $100,000?

$29,050

What was the author's goal for the New Year?

To earn $100,000

What is the main idea behind the story about Greg and the author?

The importance of accepting responsibility

Discover the key traits of top salespeople, including taking responsibility, curiosity, and desire for mastery. Learn how to improve your sales record and transform your life with the Growth Equation. Take this quiz to master the universal truth of sales success.

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