How I Raised Myself from Failure to Success in Selling Ch 2
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Questions and Answers

What initially led the speaker to quit selling life insurance?

  • Feeling unqualified and discouraged (correct)
  • A lack of support from colleagues
  • Desire to pursue a different career
  • Pressure from family to find a stable job
  • What job did the speaker initially seek after quitting sales?

  • Factory worker
  • Sales representative
  • Shipping clerk (correct)
  • Insurance agent
  • What realization did the narrator come to after recording their calls for ten weeks?

  • They were incapable of selling.
  • They preferred not making calls.
  • They were making more calls than they thought. (correct)
  • They realized it was unnecessary to keep records.
  • What was the speaker's highest hope after facing discouragement in job searching?

    <p>$18 a week from their old job</p> Signup and view all the answers

    How much did the narrator earn from their insurance sales after making 1,849 calls?

    <p>$4,251.82 total</p> Signup and view all the answers

    What did Mr. Talbot emphasize as the key to success in selling?

    <p>Seeing the people and telling your story</p> Signup and view all the answers

    How did the narrator conclude they were not seeing enough people?

    <p>They conducted a personal evaluation.</p> Signup and view all the answers

    What percentage of sales did the narrator find was made on the first interview?

    <p>70</p> Signup and view all the answers

    How did the speaker feel during the salesmen's meeting after deciding to stay?

    <p>Discouraged but hopeful</p> Signup and view all the answers

    What was the speaker's emotional state before hearing Mr. Talbot's words?

    <p>Despairing and hopeless</p> Signup and view all the answers

    What statement reflects the narrator's view on keeping records?

    <p>Records provide inspiration for improvement.</p> Signup and view all the answers

    What did the speaker think about Mr. Talbot's experience in the company?

    <p>It was inspiring and impactful</p> Signup and view all the answers

    What was the key reason for the narrator's decline in sales after an initial success?

    <p>They stopped keeping records.</p> Signup and view all the answers

    What message is conveyed by the story of Steve Evans, the baseball player?

    <p>It's vital to take action and not wait too long.</p> Signup and view all the answers

    What action did the speaker resolve to take after hearing Mr. Talbot's statement?

    <p>To actively pursue customers every day</p> Signup and view all the answers

    Study Notes

    Selling Success Story

    • Author recounts a period of job loss and despair after failing in a life insurance sales role.
    • Resigned from job, tried alternative employment, but was unsuccessful.
    • Returned to the insurance company to retrieve belongings.
    • Witnessed a crucial meeting with the president and fellow salesmen.
    • President stated that the core of selling is connecting with people.
    • Inspired to follow the president's advice and make deliberate sales calls.
    • Kept meticulous records of sales calls.
    • Achieved significant results within ten weeks, exceeding previous performance.
    • Realized time management and efficient sales strategies are key.
    • Experienced a subsequent decline in sales.
    • Analyzed the cause of the setback: lack of proactive connection with potential clients.
    • Implemented a strategy to proactively engage with customers.
    • Kept records of sales for 12 months.
    • Determined the value of each call was approximately $2.30
    • Analyzed sales effectiveness and discovered the effectiveness of the first two interviews
    • Emphasized the importance of proactive engagement.
    • Highlighted lessons from own experience and that of others.

    Key Takeaways

    • Proactive communication is essential for sales success.
    • Maintaining records to track progress and identify areas for improvement.
    • Focusing on the initial stages of the sales process (first and second interviews) to maximize efficiency and results.

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    Description

    Explore the journey of overcoming challenges in life insurance sales through effective strategies and time management. This quiz highlights key insights on connecting with clients and measuring sales performance, emphasizing the importance of proactive engagement. Test your knowledge on best practices in sales and personal experiences that drive success.

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