Hi, it's Dennis again.
Dennis:Welcome to connect and convert insider strategies for small
Dennis:business sales success.
Dennis:Today's topic.
Dennis:How to get the most from your sales training events.
Dennis:Yes, that is a big concern.
Dennis:I know.
Dennis:But first, before we get started, I have some great news.
Dennis:I would like to introduce someone to you today.
Dennis:Her name is Leah Bumphrey.
Dennis:Leah is a esteemed colleague.
Dennis:She's a fellow Wizard of Ads partner.
Dennis:She's a brilliant sales brain and inspiring writer.
Dennis:And now Luckily for me, because I need all the help I can get my partner on
Dennis:this podcast, there are a lot of things I could tell you about Leah that I like
Dennis:about Leah, but I'm going to tell you what I value about Leah, her perspective.
Dennis:We have a lot in common about how to practice sales, how to teach sales, how to
Dennis:think about sales, but there's one area.
Dennis:We have that's different.
Dennis:We have different perspectives, and I think that's going to I know it's going
Dennis:to be a value for me, and I think it's going to be a great value for you.
Dennis:That's going to be both challenging.
Dennis:Yes, and interesting.
Dennis:So, Leah, please introduce yourself to our audience.
Leah:Absolutely.
Leah:So I didn't even have to interrupt you.
Leah:I have to say Dennis you made me blush a little bit.
Leah:I think you and I have.
Leah:Similar backgrounds.
Leah:We both worked in radio and love radio for a long time.
Leah:You are in the warmth of the southern states and here I am up in Canada.
Leah:A little bit different market, a smaller, a smaller city, but
Leah:local radio just rocks up here.
Leah:I'm a mom.
Leah:I like to call them my beautiful boys, but they're all much taller than me now.
Leah:So we'll call them the Bumfrey men.
Leah:And, uh, they.
Leah:Love all things creative, all of them in their own way.
Leah:Um, I'm also a big sister and I think the combination of being a mom and a big
Leah:sister and having a background in all things creative and training makes me just
Leah:love this opportunity to work with you.
Leah:So away we go.
Leah:I think we're going
Leah:to have fun.
Dennis:I know we are.
Dennis:And I thank you for, for taking the time and effort to be with us.
Dennis:I really appreciate it.
Dennis:Let's jump into today's topic.
Dennis:There's a sad truth.
Dennis:Most sales training dollars are wasted.
Dennis:How do I know this?
Dennis:Cause I did it.
Dennis:I wasted them when I was spending training dollars, but the triple cost,
Dennis:okay, wasted time, taking training, wasted dollars, wasted money doing
Dennis:the training and the worst of all, there's no improvement in sales.
Dennis:It doesn't get better.
Dennis:Does it have to be that way?
Dennis:Well, I don't think so.
Dennis:I don't think it has to be that way.
Dennis:So today, Lee and I want to discuss some methods to make
Dennis:sales training more effective.
Dennis:Back in the old days.
Dennis:Yeah, I remember those old days.
Dennis:I was part of them.
Dennis:Sales training was a one and done, but research training.
Dennis:And science has shown that this approach is just not effective in driving the
Dennis:long term behavior change and improving sales performance and building skills.
Dennis:Okay, so we used to do the seminars, the videos, the tape.
Dennis:I had cassette tapes.
Dennis:I had, uh, big, uh, VHS, uh, films, videos.
Dennis:I had it all.
Dennis:Workshops.
Dennis:And the theory was, well, give me four
Dennis:hours.
Dennis:And that's it.
Leah:And, you know, it's fascinating to me because there is
Leah:good training out there, Dennis.
Leah:We've all participated in training that we walked away from feeling like,
Leah:okay, this, I can, I can run with this.
Leah:This is fantastic.
Leah:Wizard Academy comes to mind for me.
Leah:That's the first time I was down there a couple of decades ago, but it
Leah:started, that's back when Roy used to travel and we brought him up here to
Leah:Canada to meet with our sales teams, to meet with our, our prospects and
Leah:our current clients to talk about Business and how to make business grow.
Leah:And isn't that why any one of us wants to be doing training?
Leah:Uh, Roy doesn't do that anymore, but at wizard academy.
Leah:And when I went there, man, I was just inspired to keep going.
Leah:I've even had one of my sons go and he was so inspired.
Leah:He's gone a couple of times.
Leah:It's all about, what are you trying to get out of the training?
Leah:What what's possible and wizardacademy.
Leah:org.
Leah:I always.
Leah:Encourage my clients or people that I'm talking to from whatever walk of business.
Leah:They're in check out the courses.
Leah:There's some fantastic ones
Dennis:Couldn't agree more.
Dennis:I you made me think as you were speaking about the very first time I went to
Dennis:wizard academy I had been a follower of roy williams, you know as you had
Dennis:his books his speaking Yes, I met him a couple times in travels and I
Dennis:was just enthralled and then I heard wizard academy Oh, that's connected.
Dennis:Roy's the wizard of bad, so I guess that's connected to Roy.
Dennis:So, I gave it a shot.
Dennis:It was in Buda, Texas at that time, not at the beautiful campus we have now.
Dennis:And Michelle Miller was my first instructor, and she led us through
Dennis:a course in marketing to women.
Dennis:Transformational.
Dennis:Transformational.
Dennis:It changed the way I thought about marketing women and women were
Dennis:important to my radio stations.
Dennis:Every time.
Dennis:I've been going now for two decades.
Dennis:Can't stay away.
Dennis:Every course is different.
Dennis:It's not what you expect.
Dennis:It's the unexpected.
Dennis:It's but it's it's transformational.
Dennis:It gets it gets you in here.
Dennis:It touches you.
Leah:You've managed to go every year since that first time.
Leah:Hey, Dennis.
Dennis:I haven't missed.
Dennis:Yeah, I, I actually served proudly and was honored to serve on the
Dennis:board of Wizard Academy for, for a period of time, but every time since
Dennis:I first started, I've been there at least for one course every year.
Dennis:I, it, it, it's a transformational moment, getting away from the
Dennis:day to day and transforming.
Dennis:So I highly recommend to all of our listeners, if you haven't had
Dennis:the Wizard Academy experience.
Dennis:It's time.
Dennis:Go on.
Dennis:I'm sorry.
Leah:Absolutely.
Leah:I even took my husband because he was wondering what the heck is this wizard
Leah:thing and don't let the name put you off.
Leah:It is a serious tool for serious business.
Dennis:And you will walk away with some serious ideas that
Dennis:you put into effect immediately.
Dennis:Wizardacademy.
Dennis:org Okay, let's jump into our topic.
Dennis:What's the new approach to sales training?
Dennis:Well, thankfully, sales training has evolved and become more effective.
Dennis:Why?
Dennis:Because we're now focusing on continuous learning and enforcement.
Dennis:Imagine that.
Dennis:Science is very, very clear on this.
Dennis:We forget 90 percent of what we learn within seven days.
Dennis:We actually create 50 percent of what we learn in 24 hours,
Dennis:unless there's an intervention and intervention is continuous learning
Dennis:reinforcement spaced repetition.
Dennis:So instead of one time events, companies are now going through
Dennis:training program that provide regular opportunities for salespeople to develop
Dennis:skills and knowledge is great, but knowledge without action is useless.
Dennis:The next Topic we want to talk about is, uh, so you're a small business owner.
Dennis:How do you implement these sales training methods in small business?
Dennis:Well, first step, I would ask you to evaluate what you're doing right now.
Dennis:What are the strengths and weaknesses?
Dennis:Encourage a culture of continuous learning.
Dennis:I know when I was managing radio stations, we made it.
Dennis:On a core value that we would continuous learners.
Dennis:I supported a lot of that by my continuous training exposure to new
Dennis:ideas, but that also is something that the individual has to to adopt.
Dennis:And my folks loved it.
Dennis:That will help to reinforce the learning.
Dennis:It provides guidance.
Dennis:Applying the.
Dennis:It's no good to learn new skills.
Dennis:It's only good if we apply them.
Dennis:How about role playing and real words, real world, easy for me to say, simulate.
Dennis:Scenarios.
Dennis:Okay.
Dennis:Uh, yeah, we've been doing that stuff for decades, but it's a new way of
Dennis:doing scenarios, real world scenarios based on real customer issues.
Dennis:For instance, reporting sales calls.
Dennis:Uh, I work with a client where we do record sales calls.
Dennis:Okay.
Dennis:And those calls.
Dennis:Are invaluable when it comes to training.
Dennis:How about utilizing tools for virtual training and practice scenarios
Dennis:again online courses webinars.
Dennis:There's so much you can get online today.
Dennis:Some of it for free.
Dennis:Measure and track progress.
Dennis:I would say the biggest fight that I have with.
Dennis:Prospective clients and current clients, for gosh sake, track the results.
Dennis:Sales are outcomes.
Dennis:Revenue is an outcome.
Dennis:The activities that lead up to sales, that lead up to revenue, are the
Dennis:activities that we need to track.
Dennis:Okay?
Dennis:Some people call KPIs, whatever you want to call them.
Dennis:Track your progress towards The revenue and those air activity goals.
Dennis:Okay.
Dennis:And most important.
Dennis:Particularly if you're a sales leader or a gentleman.
Dennis:Provide support.
Dennis:Let people know that you support their growth.
Dennis:Their journey.
Dennis:That you support their learning.
Dennis:You can do that by offering.
Dennis:By offering coaching by offering.
Dennis:Support by offering videos.
Dennis:By joining online community.
Dennis:Okay.
Dennis:Where people can share experiences and each other.
Dennis:Okay, the next step.
Dennis:How do you find out what the new technique look like.
Dennis:There are a couple steps.
Dennis:First of all, examine your current training.
Dennis:Okay.
Dennis:To identify what's going well, what's not going well.
Dennis:Secondly, keep yourself updated on the latest trends.
Dennis:There are all kinds of forums available for your industry, for any industry.
Dennis:Uh, there are conferences, there are workshops, there are webinars,
Dennis:there are books, publication.
Dennis:Any number of ways to stay informed about what's new.
Leah:And you know what Dennis, you said a very key thing.
Leah:Your industry and other industries.
Leah:There's too much information.
Leah:Roy talks about this.
Leah:When when you have a problem, look at another industry and see what
Leah:solution they had for an issue and how you can bring it over.
Leah:It's no different when it comes to training.
Leah:What is what are other doing and how can that.
Leah:Help you
Dennis:I'm glad you mentioned that.
Dennis:It reminds me of something.
Dennis:Back in the dark ages before actually before the advent of computers and
Dennis:one of the key problems a radio station have is managing its inventory
Dennis:with the inventory, the number of spots ad spots available for sale.
Dennis:Okay.
Dennis:And that determines your revenue.
Dennis:Obviously, what price you sell that and how.
Dennis:My business manager and I went to the hotel industry and airline industry
Dennis:to figure out how to manage inventory.
Dennis:They had a great way of doing it.
Dennis:As you get closer to the flight taking off, the, the seats become less available
Dennis:and the price goes up same in a hotel.
Dennis:If I try to book a hotel in your city today, I'll bet you I'm going to pay
Dennis:more if I have to have it today than I will if I have to have it in January.
Dennis:So we create it by looking at other businesses.
Dennis:We create it and.
Dennis:System long before computers were out there long before we had the computer
Dennis:support that worked quite well for us.
Dennis:So that, that's a great point.
Dennis:Look around.
Dennis:Uh, how about networking?
Dennis:I love networking, connecting, you know, there's a lot of science also
Dennis:behind this, that the more we connect with people, the bigger our social
Dennis:brain network, the healthy we will be, the more productive we, the.
Dennis:That's what we will be.
Dennis:It's I'll do a podcast on that one day.
Dennis:It's quite interesting.
Dennis:The more connections.
Leah:The reason why we always want to be able to say that I know a guy or if I'm if
Leah:I'm your neighbor, Dennis, and I'm having trouble with my with my plumbing, I'm
Leah:going to say, Dennis, do you know a guy?
Leah:Because I don't have a guy.
Leah:He trusts people.
Leah:Would you trust
Dennis:me?
Leah:Absolutely.
Dennis:You'd be in trouble.
Leah:I'm not asking you to come fix my plumbing.
Leah:Let
Leah:me,
Dennis:that would not be a good thing.
Dennis:I might end up, it might end up costing you a lot more
Dennis:money to fix what I screwed up.
Dennis:Hey, consider consulting with sales training experts
Dennis:or hiring sales consultants.
Dennis:Hey, that's what Leah and I do.
Dennis:Okay.
Dennis:I'm not blowing our horn, but yeah, I'm blowing our horn.
Dennis:We would love to have a conversation with you.
Dennis:No strings attached to just find out.
Dennis:You know, do an assessment of what you're doing, what's working, what's not working.
Dennis:And then last but not least, experiment, experiment.
Dennis:You know, someone framed this for me once, and I've never forgotten this.
Dennis:You know, we all get hung up.
Dennis:Well, failure, what's failure?
Dennis:Okay, well we tried something and it didn't work.
Dennis:That's failure.
Dennis:No.
Dennis:That's an experiment.
Dennis:If you were in chemistry class in high school and you were supposed to concoct
Dennis:some kind of concoction and didn't work, that was called an experiment.
Dennis:That wasn't called a failure, was it?
Dennis:So why don't we look at those things that we do that don't work as an experiment?
Dennis:Okay,
Leah:how is constantly evolving back when I started in sales?
Leah:I'm sure it's similar with yourself.
Leah:Dennis.
Leah:They were actually designated.
Leah:Most companies had designated training positions.
Leah:So this person was responsible for what's going on and how can we help?
Leah:That's not the case anymore.
Leah:There's a whole bunch of fiscal reasons why there's also a whole bunch of
Leah:of organizational reasons why, you know, here's doing their own training,
Leah:tapping the shoulder of senior or senior salespeople in order to do it.
Leah:The issue is it becomes very much just all in the family.
Leah:If you're not willing to go outside and look at, at what's new, what's
Leah:trending, what other people have to say and what other people have experienced.
Leah:Because Dennis, I tell you, there's people starting today that don't know
Leah:even that inventory can be an issue.
Leah:We've experienced it, you've sold it, you move forward.
Leah:I remember that's.
Leah:Man, that's almost 30 years ago, having a huge order.
Leah:I'm so excited.
Leah:It was right around Christmas.
Leah:I had this huge order and put it on the air.
Dennis:No spots available.
Dennis:Yeah.
Dennis:Inventory management.
Dennis:Yeah.
Dennis:And, uh, it's something that we learned from the outside.
Dennis:Uh, so in closing today, I, I'm going to harp a little bit more
Dennis:on don't be afraid to try things.
Dennis:And, you know, if you learn something from a so called
Dennis:failure, you didn't lose, did you?
Dennis:You didn't lose.
Dennis:You learned something that didn't work.
Dennis:If Thomas Edison would have stopped his, uh, his journey to invent the light bulb,
Dennis:he failed reportedly thousands of times.
Dennis:He was experimenting.
Dennis:Well, I tried this and this didn't work.
Dennis:Then what's next?
Dennis:What's plan B?
Dennis:Most business owners don't have the plan B.
Dennis:Well, we tried that training and it didn't work.
Dennis:So it's, training is no good.
Dennis:No, that's not it.
Dennis:That's not it at all.
Leah:I've heard people say, well, you know what?
Leah:I'm very clinical in my approach.
Leah:This is exactly how I do it.
Leah:This is what works.
Leah:It's very, very, very defined.
Leah:Okay, that'll work.
Leah:In some instances, but if you're not open.
Leah:To other possibilities other ways of doing it.
Leah:You are missing out.
Leah:You're missing out on how to inspire your team.
Leah:You're missing out on how to make yourself feel really great when you go home.
Leah:Because I absolutely believe at the end of a great training session, whether you're
Leah:at Wizard Academy, whether you're doing a Zoom training, you gotta be able to
Leah:come out of that with something that you go home and you tell your spouse or you
Leah:tell someone, guess what I learned today?
Leah:This is so cool.
Dennis:That's that would be the mark of a great event.
Dennis:What I can't tell.
Dennis:So well, this has been greatly I'm glad you joined.
Dennis:You totally added to this.
Dennis:You're keeping me on course and I appreciate that you're giving a different
Dennis:perspective, which I totally appreciate.
Dennis:I hope our listeners got something about getting the
Dennis:most from sales training events.
Dennis:This is Dennis and Leah.
Dennis:Signing off on this version of connect and convert.
Dennis:We'll see you next time.