Welcome to episode 245 of the Business Development Podcast.
Speaker AWhat if your biggest breakthroughs came after you stopped burning out in the grind and started leading with strategy and wellness?
Speaker AToday, we're diving into how taking care of yourself can unlock your most powerful business development results yet.
Speaker AStick with us, you won't want to miss this episode.
Speaker BThe great Mark Cuban once said, business happens over years and years.
Speaker BValue is measured in the total upside of a business relationship, not by how much you squeezed out in any one deal.
Speaker BAnd we couldn't agree more.
Speaker BThis is the Business Development Podcast based in Edmonton, Alberta, Canada and broadcasting to the world.
Speaker BYou'll get expert business development advice, tips and experiences and you'll hear interviews with business owners, CEOs and business development reps.
Speaker BYou'll get actionable advice on how to grow business brought to you by Capital Business Development capitalbd ca.
Speaker BLet's do it.
Speaker BWelcome to the Business Development Podcast.
Speaker BAnd now your expert host, Kelly Kennedy.
Speaker AHello.
Speaker AWelcome to episode 245 of the Business Development Podcast.
Speaker AMy gosh, 245 episodes, guys, we are closing in on 250 here real shortly.
Speaker AWe have an absolutely incredible episode scheduled for 250.
Speaker ASo I can't wait to get there with you guys.
Speaker ABut today, today I wanted to chat all about how do we succeed in business development consistently, sustainably and without burnout.
Speaker AMy gosh.
Speaker AI've been in business development a long time, guys, and I remember the hustle culture.
Speaker AI remember what it was like to be a new business developer and just feeling frankly over my head underwater, sick, tired and still having to perform.
Speaker AAnd so today's episode is for my business development specialists, my entrepreneurs, my executives, leaders and salespeople.
Speaker AI want to talk to everybody in the rat race who's trying to achieve lofty goals, sales quotas and is struggling to find contentment or see the prize at the end of the long tunnel.
Speaker AI totally get it, guys.
Speaker AI totally get it.
Speaker AAnd my hope today is that by the time we get to the end of this episode, we can start to map a path of peace and contentment for you.
Speaker AWhether you're in sales, whether you're in business development.
Speaker AI want to remove some of that anxiety, that low level anxiety that we all live with and hopefully get you into a mindset of contentment and peace.
Speaker ABecause that is where the long game lives.
Speaker AThat is where the long sustainable path of business development, sales leadership lives.
Speaker AWe have to find clarity, we have to find peace, we have to find calmness.
Speaker AThat is going to be the best version of whatever your career is, if we can find that.
Speaker AAnd I would say that as a business developer, as an entrepreneur, I am at my best when I am calm, when I am clear, when I am hopeful, when I am peaceful.
Speaker AThat is where I am living my best life.
Speaker AThat is where my business is doing the best.
Speaker AAnd that is typically when I am doing my best business development.
Speaker AAnd so today's show is all about contentment, sustainability and momentum.
Speaker AIn order to start down this journey, guys, we have to take a step off of the endless hamster wheel and we have to try to find peace, excitement, and dare I say, even some joy in your business development and entrepreneurship journey.
Speaker AAnd we are going to do that without hitting the wall first.
Speaker AWe have to start with a story.
Speaker AAnd that is my story.
Speaker AAnd if you haven't heard it before, I've talked about it on a couple different episodes.
Speaker ABut we're going to get into it today because like I said, when I started the journey, I think I started where everybody starts.
Speaker AAnd it really is on that endless hamster wheel of anxiety, performance, pressure, you name it.
Speaker AWe have to talk about it before we get into how can we improve it.
Speaker ANow, you may or may not know, but I was not always the business development ninja before you.
Speaker AIn fact, I fell into business development running full tilt in the other direction.
Speaker AIt's a funny story, guys.
Speaker AI didn't want to do business development.
Speaker AI didn't want to do sales.
Speaker AI actually went to college to get out of doing sales.
Speaker AI started working on a car lot when I was 17 years old and I parked a hell of a lot of cars and I knew them inside and out.
Speaker AAnd I remember going and talking to the sales manager when I turned 18 and I remember saying, hey, I'm 18 now.
Speaker AI could technically be a sales guy.
Speaker ACan you put me on car sales?
Speaker ACan I sell cars?
Speaker AAnd my sales manager at the time looked at me and said, absolutely not, Kelly, absolutely not.
Speaker AYou need some sales experience.
Speaker AAt the time, they weren't willing to train me.
Speaker AAnd so he said, why don't you go get a sales job somewhere, work there for six, eight months and come back and we'll talk then.
Speaker AAnd so that is exactly what I did.
Speaker AAnd so As a young 18 year old, I went to work at Visions Electronics.
Speaker AIt was and still is a major electronics store here in Canada.
Speaker AAnd Yeah, I sold TV.
Speaker AI sold TVs for six months working at Visions Electronics something six or eight months.
Speaker AAnd I ended up going back.
Speaker AI went back to, to the car dealership that I Worked at in town.
Speaker AAnd I said, okay, I'm ready, I've got my experience, can I do it?
Speaker AAnd I got hired right on the spot.
Speaker AAnd so about a week later, I started selling cars.
Speaker AAnd the funny thing about this story was maybe funny, maybe coincidence, we'll call it what it is, Synchronicity, the universe.
Speaker AThis was late 2007, early 2008.
Speaker AAnd for those of you who are old enough, you may rem that was an absolutely horrible time to be in Canada or the United States.
Speaker AWe had a massive economic crash.
Speaker ASo the funny thing about that time was, is that nobody could actually afford cars.
Speaker AAnd so we were getting lots of people in who either shouldn't be buying a car and maybe could get approved or just flat out couldn't get approved.
Speaker AAnd so it was a very hard time to be selling anything, let alone cars.
Speaker AAnd so my car sales journey was very short lived.
Speaker AI want to say six months before I quit and went into parts sales.
Speaker AAfter that I basically ended up in the sales space and I, like I said, I sold cars, I went into part sales for a little while, sold electronics when I worked at Visions.
Speaker AAnd I found myself at 2021 just feeling very discontent with the whole thing, being sick of it, being sick of that rat race about having to perform week over week.
Speaker AAnd my sister had just started college and she said, Kelly, what the heck are you doing with your life?
Speaker AI think you should go to school.
Speaker AAnd so I had no idea what I wanted to do, guys.
Speaker ABut I just knew that ultimately I didn't want to do sales anymore.
Speaker AI was done with that.
Speaker AI was going to go take business admin.
Speaker AThat was the goal.
Speaker AI'm going to take a business admin in class and then I'm going to be able to just go and do operations or like day to day business tasks out of business.
Speaker AI had no idea what that meant, guys.
Speaker AI had no idea what day to day business tasks were, what operations was, what any of that was.
Speaker AI just thought, okay, it'll be straight, I won't have to sell anything and it'll just be like obvious what I need to do day in and day out.
Speaker AIt's at the time that it seemed like a very content path to go on from someone who was running from sales.
Speaker ASo when, when I got out of college, I ended up getting a job working business administration.
Speaker ASo day to day kind of office tasks, a data entry, payroll, that sort of thing.
Speaker AAnd about a month into that job, my boss pulled me into the office and he said, Kelly, with your Sales background and now your understanding of our organization.
Speaker AYou would be really great at business development.
Speaker AAnd yeah, my heart sunk a little bit because first off, it sounded like sales and I had no idea what it was.
Speaker AAnd that was funny because actually went to college, had no idea business development had never came up in any of my classes, any of my books.
Speaker AAnd so literally I was like, oh, interesting, I'll look into it.
Speaker AAnd literally went back to my computer and had to Google, what is business development.
Speaker AI know I'm not alone in that.
Speaker AI've had plenty of messages from listeners of this show saying that they had to do the very same thing when someone had first talked to them about it.
Speaker ASo it's funny, but about a month later, guys, I had a new title, Administration and business development manager.
Speaker AAnd that eventually went on to operations and business development manager.
Speaker AAnd I spent 10 years at that organization.
Speaker AGuys, a lot of it was the hustle culture of business development, right?
Speaker AThis was Alberta.
Speaker AThis was oil and gas boom times.
Speaker AIt was go all hands on deck, move forward, bigger quotas, more clients, more people out the door, right?
Speaker AThe endless hamster wheel.
Speaker AIt wasn't really until much later in my business development career that I realized, holy crap, I've been doing this maybe the wrong way for a really long time.
Speaker AAnd that if I just changed a few things, I could make this so much better.
Speaker ABusiness development, once you understand it, is probably one of the best positions in any company.
Speaker AI've talked about this many times.
Speaker AI absolutely love business development.
Speaker AAnd when done right, when done sustainably and peacefully and calmly, it is probably one of the best positions in any company, bar none, period.
Speaker AIt just, it can be absolutely incredible.
Speaker AFrom a reward standpoint, from a feel good about yourself standpoint, from a feel good about your company standpoint, you really get to be the advocate, the cheerleader for the organization.
Speaker AAnd you tend to be loved by almost everyone in the organization because you really are that person who's moving the needle for the company week over week, month over month, year over year.
Speaker ABut we have to do it in a sustainable way.
Speaker AWe have to do it in a way that not only is good for the company, but is also good for us as well.
Speaker AAnd if we're not doing it right, if we are on the hamster wheel, it can really feel thankless, exhausting, inauthentic, demoralizing.
Speaker AThe expectation to perform at 100% week in and week out can burn out even the most seasoned business development specialist.
Speaker AToday I want to focus on performance, pressure, hustle culture, and habits that Put happiness and peace back into your day to day.
Speaker AI want to leave you guys, like I said, with a sustainable plan, with a way to handle business development that's not going to burn you out, that's not going to run you into the wall, that's going to take you off of the endless hamster wheel.
Speaker ALet's talk about some of the pressure that business developers are under in a lot of different organizations.
Speaker AHustle culture was absolutely beat into sales and beat people.
Speaker AListen, as somebody who grew up in sales and business development from about 2007 to today, yes, hustle culture is beat into each and every one of us.
Speaker AIf you ask any business development person how their week is, any of them seriously, just go and talk to somebody right now, just say, how is your week going?
Speaker AI bet you get one of these answers.
Speaker AI'm super busy.
Speaker AI'm wiped.
Speaker AI have four meetings this week.
Speaker AI'm on the road all week long.
Speaker AI could already hear some of you guys laughing.
Speaker AI'm laughing.
Speaker AI'm absolutely sure that they do have those things to do.
Speaker ABut the expectation is that there's always something happening, right.
Speaker AIf they say, oh, you know what, it's actually a really great week, or I actually don't have that much going on this week, or I have two or three really good meetings I'm excited for, there's something about that just doesn't seem important, that doesn't seem like they're doing something.
Speaker AAnd there's just this expectation as a business developer, as a salesperson, that you have a thousand things going on.
Speaker ALike it's literally frowned upon if you don't say that you have a thousand things going on, that you're exhausted, that you're wiped, that you're tired, that you know it's been another crazy week.
Speaker ARight?
Speaker AThat is the terminology we are all facing as our expectation.
Speaker ABusiness development people are expected to appear at 100% always.
Speaker AI interviewed a gentleman named Brad Warren friggin amazing person.
Speaker AYou should absolutely check out my episodes with him.
Speaker AI have two with him right now, I think.
Speaker ABut he has a saying from his old boss.
Speaker AAnd his old boss used to tell him, Mickey Mouse can't have a bad day.
Speaker AThink about that.
Speaker AIf you go to Disneyland, it doesn't matter who is in the Mickey Mouse suit.
Speaker AMickey Mouse has to be happy, has to be 150%, has to be having the best day ever.
Speaker ARight?
Speaker ABusiness development and salespeople are under the same expectation.
Speaker AAnd despite the whole be authentic, it's okay to share your feelings.
Speaker AYes.
Speaker ABut a Lot of organizations still expect that when their business development person, when their salesperson shows up to that meeting, shows up to that boardroom, that they have a big smile on their face and that they are 150%.
Speaker AAnd I can tell you from my own personal experience, I have sat in meetings where inside I was having the worst day of my life.
Speaker AI was feeling crushed.
Speaker AI had something horrible happen.
Speaker AYou name it.
Speaker AI was feeling like a big sack of shit, and I had a smile on my face bigger than you could ever imagine.
Speaker AI got incredibly good at faking a smile, at being excited when I wasn't.
Speaker AAnd unfortunately, that was just a part of the business development hustle culture.
Speaker AAnd I'm still contending with some of that today.
Speaker AI can tell you that a lot of your business development people out there and a lot of the people listening to this right now have been in the exact same situation.
Speaker AThe pressure to bring in opportunity is immense.
Speaker ABusiness development people, we get an unfair expectation that we have to keep the business running.
Speaker AAnd I know I have felt the weight of a business, not just my own business, but the businesses of people that I've worked with, the businesses of clients that I've worked for, where that expectation can really feel like, even though I don't really have the control to make that business successful, it can feel like it's up to me.
Speaker AIt's up to me to get those meetings.
Speaker AIt's up to me to close that business.
Speaker AIt's up to me to find the next big cheese that keeps this organization moving forward.
Speaker AMany business development people feel this expectation.
Speaker AThe pressure to perform week over week is also immense.
Speaker AWe're always out there trying to identify the next big opportunity, keep the next meeting coming, right?
Speaker AAnd the thing is, too, you can get like, four meetings.
Speaker AYou can have an incredibly good week.
Speaker AFor instance, maybe you book four meetings this week, and then the next week, you're right back to square zero, right?
Speaker AThe expectation is, okay, great, you booked your four meetings.
Speaker AGive us another four next week.
Speaker AI'm going to give you guys, like, a little bit of an example of the lengths that business development people can go, especially when they're working in that hustle culture to make the next big thing happen.
Speaker AI once drove 12 hours to attend a lunch meeting, and I literally drove through a tornado.
Speaker AI kid you not.
Speaker AI kid you not.
Speaker AI'm not even.
Speaker AI'm not even blowing this out of proportion.
Speaker AThe sky went black.
Speaker AI had no idea if the tornado was on the road in front of me, if it was behind me, the Friggin.
Speaker AThe radio alarms were going off like it was time to probably pull a over and stop.
Speaker ABut I had no idea, I had no idea where this damn thing was.
Speaker AAnd so I literally just kept on driving and I basically, I have no idea whether it's behind me, in front of me, whatever, but I basically drove through a damn tornado to get to this lunch meeting that took me 12 hours to drive to.
Speaker AAnd guess what?
Speaker AIt was a total flop.
Speaker AI probably didn't even need to go on that drive.
Speaker ABut at the time that was what was expected.
Speaker ABusiness developers will go the distance because we care.
Speaker AWe truly want success.
Speaker AI have yet to meet somebody in the business development field.
Speaker AWhether they're an entrepreneur, whether they're a business developer, whether there's a sales specialist, whatever it is, that was not intrinsically driven to succeed, that truly wanted the best for the organization, whether it was their organization or somebody else's organization.
Speaker AThe intrinsic motivation to succeed within business development specialists is, I would say, unmatched.
Speaker ASo what if success did not cost your piece, your safety?
Speaker AAnd what if burnout was not a badge but a warning that it's time to find a better way?
Speaker ALet's discuss some of the common hustle culture myths that many business developers and salespeople and entrepreneurs are facing.
Speaker ANumber one, more hours equals more deals.
Speaker AListen, more hours often means more inefficient hours, okay?
Speaker AWe are wasting a ton of time at work.
Speaker AAnd look, you can't listen to this right now and say, Kelly, no, I've got it all locked down.
Speaker ANothing I do is inefficient.
Speaker AListen, I'm inefficient at times and I know better, right?
Speaker AThe reality is we are all doing a lot of things at work that don't move the needle, okay?
Speaker ATop performers don't work more, they work smarter.
Speaker AThere is no secret.
Speaker AThe secret is there is no secret.
Speaker AThe best performing people are not smarter than you.
Speaker AThey're not better than you.
Speaker AThey don't have this like magic formula.
Speaker AThey might have process, but they don't have a magic formula.
Speaker AThey are focused on doing things that move the needle for their business or their company.
Speaker AOkay?
Speaker AFocused, intentional work that is outcome driven is the secret.
Speaker ATime spent does not correlate to a bigger, better opportunity pipeline.
Speaker AClear targeting, solid messaging and consistent follow up does.
Speaker AOkay?
Speaker AIt's not how many people that you have necessarily reached out to, it's how good were those people.
Speaker ADid you identify your ideal customer profile?
Speaker ADid you send them the right message?
Speaker ANot too long, not too short, Something that's actually gonna build interest.
Speaker AAnd did you give them an appropriate amount of follow up?
Speaker AMost business development people and salespeople are giving up after the second call.
Speaker AGuys.
Speaker AStatistically, it takes anywhere between 6 and 11 calls on average to get a hold of that person and potentially lock down that first meeting.
Speaker ABurnout is disastrous.
Speaker AIt kills creativity, happiness, clarity, and your ability to make good decisions.
Speaker ANo deal is worth that trade.
Speaker AAnd guys, just speaking to process, okay.
Speaker AIt was process that changed everything for me.
Speaker AAs a business developer, I used to shoot from the hip like many of you, right?
Speaker AI used to show up on a Monday and just be like, okay, I talked to four people last week.
Speaker AI'll reach out to them again.
Speaker AI'll check the job boards to see what opportunities are out there for companies to reach out to.
Speaker ALike, I remember.
Speaker ARemember that world.
Speaker AAfter many years of building my process for my own organization, I can now do more in a focused eight hours than I used to do in an entire week of unfocused hustle culture.
Speaker AGuys, seriously, I'm not even kidding you.
Speaker AI do more now in eight hours than I used to do in a week.
Speaker AProbably more now on eight hours on my own business than I used to do in two weeks for somebody else's business.
Speaker AI just didn't know better.
Speaker ANone of us are dumb.
Speaker AWe just don't know.
Speaker AAnd what you don't know is holding you back.
Speaker AAnd I question it all the time.
Speaker AIf you ask any of my peers or my business friends, one of the things that I always say is, what don't I know right now that is holding me back?
Speaker AWhat is that one thing that I just don't understand, that I just can't see that is holding me back the most?
Speaker AAnd it's crazy, because once you can identify what that one thing is, it'll absolutely change your world.
Speaker AAnd the funny thing is, once you identify one thing, you'll be able to identify other things that are also holding you back.
Speaker AAnd so maybe you've been in this business a long time.
Speaker AMaybe you understand your business, maybe you understand business development, maybe you understand sales, and maybe you have a process that works well for you.
Speaker ABut don't stop asking yourself, what is one thing that I'm missing?
Speaker AWhat is that thing?
Speaker ABecause I guarantee you, no matter how long you've been in business, no matter how great of a business developer you are, salesperson you are, business owner you are, there is something you don't know right now that is holding you back in a major way.
Speaker ANever stop looking for that thing.
Speaker AMyth number Two.
Speaker AStress means you're doing it, right?
Speaker AYep.
Speaker ATotal bullshit.
Speaker AStress is not proof of growth.
Speaker AIt's often a symptom of poor systems and a lack of alignment.
Speaker AWhether that be personal alignment or just business alignment in general.
Speaker AOkay.
Speaker ABusiness development is meant to be challenging, but it shouldn't be soul crushing.
Speaker AOkay.
Speaker AIt's never going to be easy.
Speaker AI've been doing business development a really long time.
Speaker AYeah.
Speaker AI have processes that work.
Speaker AI know how to identify the right buying profiles.
Speaker AI know how many calls it takes to book a meeting.
Speaker AI still struggle to make my damn calls.
Speaker ARight.
Speaker AYou're not alone in this.
Speaker AI'm not exempt.
Speaker AI still struggle to do the basic business development tasks, as does every other business development specialist in the world.
Speaker AAs does every other entrepreneur in the world.
Speaker AWe still struggle with these things.
Speaker AThe secret isn't the fact that we struggle with them.
Speaker AIt's that we found a way to have our feelings about it, but do it anyway.
Speaker ABut it takes time.
Speaker AIt takes time, right?
Speaker AAnd it takes a mindset to get there.
Speaker AIt doesn't have to be soul crushing.
Speaker AIf you are struggling with this, it's likely that you have some process challenges that are getting in the way.
Speaker AIt's likely there's just a missing piece.
Speaker AAnd once you understand that, it'll make it so much easier for you.
Speaker AChronic stress will lead to decision fatigue, emotional detachment, and client mismanagement.
Speaker AIf we get there, guys, it's game over.
Speaker AIt's game over.
Speaker AWe can't let ourselves become chronically stressed.
Speaker AOkay?
Speaker ASo much of business development is mindset.
Speaker AAnd if we are chronically stressed out, we are getting depressed.
Speaker AWe can't think clearly, we can't think rationally.
Speaker AWe start to make bad decisions, we start to get down on ourselves, and eventually we might even mismanage some clients and it's game over.
Speaker ARight?
Speaker AWe have to have to look after ourselves and look after our mental health as well.
Speaker AWe have to replace stress with clarity.
Speaker AAre you overwhelmed or are you just operating without process and structure?
Speaker AI would likely say that if you are facing extreme overwhelm or overwhelmed to a point where you were getting chronically stressed out, it's likely something to do with the way that you do your weekly process.
Speaker AAnd by even creating a weekly process that you can follow, I guarantee you it can start to put some of that control back in your pocket and give you back some peace of mind.
Speaker AIt was once I realized that I needed process, that was the thing that I was missing.
Speaker AAnd it's so funny because I can go to business and the process is just cookie cutter, right?
Speaker AAnd most businesses, especially in the business development realm and sales realms, they are simply missing process.
Speaker AThey put it all on the business developer.
Speaker AThey put it all on them to figure it out and to create something that's going to work for the organization.
Speaker ABut the truth is that most organizations have no idea what process would actually work.
Speaker AAnd so that's the secret, guys.
Speaker AAs business developers, we have to find consistent process that we can follow that is going to work in our favor, that is going to support us, not hurt us.
Speaker AMyth number three, you can rest when you hit your goals.
Speaker AListen, rest is not a reward, it's a requirement.
Speaker AYou need rest to be successful.
Speaker AYou need happiness to keep this momentum going for creativity, for consistency and long term impact.
Speaker AThe goalposts always move.
Speaker AIf rest and happiness are tied to a finish line, you'll never get there.
Speaker AYou'll never get there.
Speaker AAnd I'm speaking to my entrepreneurs right now because we're the worst for it.
Speaker AOkay?
Speaker AWe have to celebrate the milestones, we have to celebrate the small wins.
Speaker ABecause here's the thing, if you're waiting for one goal post, you'll get there.
Speaker AYou'll smash it.
Speaker AYou'll be excited and happy for a day and then you'll be depressed.
Speaker AThe goal post will keep moving.
Speaker AWaiting to rest leads to reactive business development, not proactive growth.
Speaker AOkay?
Speaker AWe have to be looking after our mental health and we have to trust in the long game.
Speaker ABusiness development is a long game and when we treat it that way and we can find happiness in the journey, you're going to be better off week over week, month over month, year over year, and you're going to be able to perform consistently.
Speaker AMake rest a non negotiable and integrate it into your weeks, not just your someday.
Speaker ARemember, great business development is built on consistent weekly effort and sustainability, not burnout.
Speaker AInstead, focus on building sustainable business development habits.
Speaker ARemember, burnout isn't just exhaustion, it's momentum in the wrong direction.
Speaker ANow let's shift gears from pressure to process.
Speaker ABecause success in business development isn't just about working harder.
Speaker AIt's about building habits that actually support your long game.
Speaker AHere are five habits that I rely on to create consistent sustainable growth without the burnout.
Speaker ANumber one, time block for recovery, not just revenue.
Speaker AMost business developers only calendar their meetings and targets.
Speaker AIf you're not also scheduling time to reset, you will burn out.
Speaker AEven if you're hitting your numbers.
Speaker AIt isn't laziness, it's strategy.
Speaker AMental clarity fuels better decisions and better conversations.
Speaker AIf Recovery time isn't protected.
Speaker APerformance eventually suffers, and so does your reputation.
Speaker ANumber two, weekly win tracking.
Speaker ABusiness development is filled with delayed gratification.
Speaker ATracking your weekly progress.
Speaker AOutreach conversations.
Speaker APositive signals.
Speaker AIt builds momentum.
Speaker AWe have to celebrate every win, not just the big ones.
Speaker AIt's a simple habit that builds confidence and resilience, even when deals are pending.
Speaker AOkay.
Speaker AWe move forward faster when we acknowledge progress, not just results, not just the big win.
Speaker ANumber three, boundaries around Urgency.
Speaker AUrgency.
Speaker ACulture is real, but it's often a reaction and not a requirement.
Speaker ASet expectations clearly with clients and colleagues.
Speaker AIf you're done at five, you're done at five.
Speaker AYou're more valuable when you're focused, not constantly reacting.
Speaker AClear boundaries support better service, not less.
Speaker ANumber four, daily mindset reset.
Speaker AStarting or ending your day with five to 10 minutes of reflection can shift your entire approach.
Speaker AThis could be journaling, gratitude, or simply reviewing the day with intention.
Speaker AIt keeps you centered and helps you lead with clarity, not anxiety.
Speaker AListen, one of the things that I want to talk about with regards to this is I talk about a list that I create once a week.
Speaker AOkay.
Speaker AI create a weekly move the needle list.
Speaker AIf you're part of the Catalyst Club or if you've been part of my coaching, you know about this pretty heavy.
Speaker ASo every single week on Monday, I typically write a move the needle list.
Speaker AAnd this will be a list for not just me, Kelly Kennedy, but for my clients as well.
Speaker AAnd then what I'll do is I'll have, let's call it 8 to 10 move the needle tasks, and I will spread them out throughout the week.
Speaker ASo I'll also create a daily task list as well of what are the things that I need to complete today to move the needle.
Speaker AOkay.
Speaker AIt's a very clear direction that you can point yourself in.
Speaker AAnd not only that, you can prioritize these tasks.
Speaker AIt really does help.
Speaker AWhenever I'm feeling kerfuffled, whenever I'm feeling like I don't know what I got going on here, nine times out of 10, it's because I haven't put it down on paper.
Speaker AStart putting down the critical tasks that will move the needle for you and your business every week, and you will start to see massive clarity start to come forth.
Speaker AWhenever I'm struggling with what I need to be doing and I'm feeling anxiety, it's very likely I'm feeling that way simply because I don't have direction.
Speaker ASitting down, writing a list of tasks that you need to complete, it helps to clarify that direction.
Speaker AAnd I always feel peaceful when it's done.
Speaker ANumber five, operate from vision, not fear.
Speaker AStop reacting to numbers in panic mode.
Speaker ADefine the business that you're building and the life that you want around it.
Speaker ADo your meeting requirement math.
Speaker AOkay, how many meetings per month do you really need to hit your revenue targets?
Speaker AGuys, this is super, super easy.
Speaker ATake your revenue growth goal for the year, let's call it a million dollars, divide it by your average customer value, let's call it $100,000.
Speaker AAnd then divide that by your closure rate, let's say 50%.
Speaker AOkay, so if you have a million dollar revenue growth goal, your average customer value is $100,000.
Speaker AYou need 10 customers.
Speaker AIf your closure rate is 50%.
Speaker AOn meetings, you need 20 meetings in order to hit your million dollar growth goal.
Speaker AOkay, so that's just like a really basic example, but figure out exactly how many meetings you need to hit your revenue growth goal.
Speaker AOkay?
Speaker AThis is a real target.
Speaker AThis isn't just a pie in the sky rat race idea.
Speaker AYou can use math and statistics to figure out exactly how many calls you need to make, how many people you need to talk to, and how many meetings you need to book in order to hit that.
Speaker AAnd it's going to give you clarity month over month to make sure that you know you're on track.
Speaker AThe biggest problem most business developers have is they don't know if they're winning or not.
Speaker AThis lets you know you're winning.
Speaker AThis clarity will pull you out of the grind and into consistent strategic execution.
Speaker ARemember, when you understand your meeting targets, the pressure turns into a plan.
Speaker AAnd that's where peace begins.
Speaker AWhen I'm doing coaching, whether it's a one on one or whether it's a group coaching program, the first place we always start is with setting our meeting targets.
Speaker AOkay?
Speaker AIn business development, meetings are everything.
Speaker AIt's absolutely everything.
Speaker AAnd it's the one thing that you can actually control.
Speaker AI think people look at business developers and think we're magical and we can just close business, right?
Speaker AAnd yes, there are people that are exceptional at closing things, but that's not what I'm talking about here.
Speaker AMost of that is out of our control.
Speaker AAnd I think that's really important to emphasize is that as business developers, we need to focus more on the things we can control, on the statistical things that will move the needle for our organization that we can actually control.
Speaker AAnd that is why I say as a business developer, we have to measure success in meetings.
Speaker AAnd so if we can figure out a way to tie meetings to revenue goals using statistics, closure rates, average customer values.
Speaker AWe can essentially turn meetings into revenue over time.
Speaker AAnd I've seen this happen over and over again, guys.
Speaker AAnd the clarity that people get when we can basically take a revenue goal, a million dollar, multimillion dollar revenue goal, and break it into a number of meetings and then, heck, we can even break that down even further to the statistical amount of calls we have to make to close those meetings and really put it in something that a business developer, an entrepreneur, can control.
Speaker AIt's night and day, it's absolutely life changing and it can change the way that you look at business development forever.
Speaker AI want to leave you guys with this because I think a lot of people in business development need to hear it.
Speaker AYou don't have to be running on fumes to be successful.
Speaker AIn fact, the people who build the longest lasting businesses usually operate from a place of clarity, not chaos.
Speaker ARemember, you can pursue excellence without operating in survival mode.
Speaker ABuilding a sustainable business development engine means protecting your energy, your time and your focus.
Speaker APeace and performance are not opposites.
Speaker AThey support each other.
Speaker AAnd if something in today's conversation resonated, take a moment to reflect.
Speaker AAnd if you need help with your strategy or systems, we have an incredible support community within the Catalyst Club.
Speaker AGuys, this is like the community built on the value of uplifting each other, okay?
Speaker AThe entire Catalyst Club is about support, encouragement, long term sustainability and just having that peer group of people who understand exactly what you are going through.
Speaker AWe also have the Accelerator Group coaching programs and we have a program coming up here starting on July 15th.
Speaker AAnd so if you're looking for that process, if you're looking for that support, that engagement, that roadmap, Business Development Mastery Accelerator will do that for you.
Speaker AAnd you can find all the information on the Catalyst Club and the Business Development Mastery Accelerator at www.kellykennedyofficial.com.
Speaker Aremember, you're allowed to build success that doesn't drain you.
Speaker AYou're allowed to do this differently.
Speaker AI would like to acknowledge some of the incredible founding members of the Catalyst Club today.
Speaker ADanielle Foricade, Andrew Brown, Chris Jones, Colin Christensen, Megan Ralston, Brianna Kennedy, Tash Jeffries, Tina Green, Dan f, Mindy K.
Speaker AMcRae Broadbent, Patrick Keynes, Cindy Crane, Thorin Malitowski, Vajayan Swaminathan, selva Nadar, Alyssa McMasters, Abe Duik, Amal Khoury, David Fair, Jesse Shuchuk, Yan Hanat, Randy Lennon, Kelly Reading, Eric Portillo, Chris Young, Carmen LaBelle, Jamie Steffens, David Henriquez, Colin Harms, Tara Beherens, Chris McCarrity, Nate Simpson, Micah Dixon, Sherry Allen, Adam Kimmel, and Jamia Zagel.
Speaker AUntil next time.
Speaker AYou've been listening to the Business Development Podcast and we will catch you on the flip side.
Speaker BThis has been the Business Development Podcast with Kelly Kennedy.
Speaker BKelly has 15 years in sales and business development experience within the Alberta oil and gas industry and founded his own business development firm in 2020.
Speaker BHis passion and his specialization is in customer relationship generation and business development.
Speaker BThe show is brought to you by Capital Business Development, your business development specialists.
Speaker BFor more, we invite you to the website at www.capitalbd.
Speaker Bsee you next time on the Business Development Podcast.