Use Data Analogy To Inspire Action

When asked what makes a great story, Beau Willimon, showrunner for House of Cards, gave a simple answer: “The most important element in a good story is conflict. It’s seeing two opposing forces collide with one another.” 

As I have progressed in my sales career from selling T-Shirts as a college student to negotiating technology agreements as a Senior Enterprise Sales Executive, one thing remains consistent: a good story drives action. Trying to convince a broke college student to spend $25 for a T-Shirt required some artful storytelling. Displacing an incumbent and challenging the status quo means gaining executive consensus and painting a better future through stories. 

Telling a good story requires knowing what makes a good story, and from the comment earlier, the most critical element in a good story is conflict. A known supporting cast in any good commercial story is data, which is also a catalyst for conflict and debate.

The key to using data in a story is that it needs to inspire action and accelerate decisions. In Nancy Duarte’s HBR article, she explains that for data to inspire action, they need to do more than make sense – they have to make meaning. If your audience can internalize the purpose of the data, it becomes more actionable, which leads to a faster decision.

Let’s assume you are trying to explain to your audience that your solution could save $2,000,000 over 12 months. 

The HBR article shared three strategies you could use to have your data make meaning:

  1. Connect data to relatable size – comparing length, width, height, thickness, or distance. Using our $2M in savings example, you could say to an audience in Seattle: two million dollars stacked up in one dollar bills is about the height of the Space Needle with some change to spare. Guess what happens when next they see the Space Needle from their downtown office? You guessed it, the two million dollars they could be saving with your solution. 
  2. Connect data to relatable time – we measure time in seconds, hours, minutes, days, months, and decades. Two million dollars comes out to $7,692 per working day, so each day we delay the decision costs the business $7,692 or $320 per hour or $5 per minute…a minute later in the meeting, you could interrupt yourself and say, wow, there goes five bucks, with a smile.  
  3. Connect data to relatable things – more digestible to relate to things people are familiar with. To an environmentally conscious decision maker in Silicon Valley, you could say: two million dollars could get you and your team of 20 engineers a brand new 2019, Tesla Model X. #SaveTheEnvironment (assuming they don’t already own one 🙂 )

When crafting a story, take advantage of opportunities to insert data into the storyline and use the strategies described above to master the art of having the data make meaning. If your audience understands the impact of your data, they would be inspired to use your meaning in internal discussions to navigate conflict, drive action and arrive at a decision in your favor. 

Bliss selling!

How to Sell to Technology Startups: Sprint Faster

Selling technology to technology startups is an adventure. Imagine this; you’re selling cutting-edge technology to technologists trying to disrupt the cutting-edge technology you’re selling them. Wow. I find this exciting because there’s always an opportunity to learn something new and discover a different or more strategic way of solving complex problems. So how exactly should you approach selling to these technology startups?

 

One thing I discovered about selling to startups is they move fast, so you have to move faster. As a salesperson, you need to define what “faster” means to you and your organization. If you feel your organization or team isn’t moving fast enough, then you need to be the catalyst that disrupts the inertia by exemplifying speed and results. If the internal process is taking too long, find new ways for it to be streamlined and share it with the different stakeholders within your organization. If your extended team has a “can’t do” attitude, don’t stop until you find someone with a “can do” attitude willing to partner with you to accelerate success for your customer.

If the only thing constant in business is change, the only thing not constant is time. Time keeps moving whether you’re standing, walking, jogging, or sprinting. When next you’re selling technology to a technology startup, make sure you’re sprinting even if they may be walking or jogging. And if they’re sprinting, get some lighter shoes and sprint faster!

Happy Selling! I’d leave you with these parting words…

“Every morning in Africa, a gazelle wakes up, it knows it must outrun the fastest lion or it will be killed. Every morning in Africa, a lion wakes up. It knows it must run faster than the slowest gazelle, or it will starve. It doesn’t matter whether you’re the lion or a gazelle-when the sun comes up, you’d better be running.” – Christopher McDougall

39 Sir Alex Ferguson Quotes to Ignite the Champion in You

Growing up in Nigeria, you were either a Manchester United, Arsenal, Chelsea or Liverpool fan. Manchester United was my team back then, and still is. We consumed football for breakfast, lunch and dinner. When we were not glued to the TV screen cheering on our favorite teams, we were in the streets, often barefoot, practicing the skills we had witnessed.

Sir Alex Ferguson was the mastermind behind Manchester United’s successive years of dominance. In his 39 years at the helm, he led Manchester United to 2 Champions League titles, 17 Domestic League titles, 14 Domestic Cups, and 2 Other European titles. I had the pleasure of reading his book, Leading: Learning from Life and My Years at Manchester United, and below are 39 inspiring quotes in honor of his 39 glory years as manager of Manchester United.

Photo credit: Manutd.com
Photo credit: Manutd.com

Listening

  1. “If you are leading people, it helps to have a sense of who they are- the circumstances in which they were raised, the actions that will draw out the best in them, and the remarks that will cause them to be spooked. The only way to figure this out is by underrated activities: listening and watching.”

Watching

  1. “It sounds simple to say you should believe what your eyes tell you, but it is very hard to do. It is astonishing how many biases and preconceived notions we carry around, and these influence what we see, or, more precisely, what we think we see.”

Discipline

  1. “I always felt that our triumphs were an expression of the consistent application of discipline.”

Work Rate

  1. “When winning becomes a way of life, true winners are relentless.”
  2. “In a perfect world I would have filled every team-sheet with 11 men who had as much determination as talent. But life is not like that, and if I had to choose between someone who had great talent but was short on grit and desire, and another player who was good but had great determination and drive, I would always prefer the latter.”

Drive

  1. “For me drive means a combination of a willingness to work hard, emotional fortitude, enormous powers of concentration and a refusal to admit defeat.”

Conviction

  1. “I cannot imagine how anyone, without firm conviction and deep inner beliefs, can be an effective leader.”

Preparation

  1. “…Preparation had a lot more to do with our success than a few fortunate breaks.”
  2. “The way to win battles, wars and games is by attacking and overrunning the opposing side.”
  3. “On our own team, the best players tended to be sticklers for preparation. That’s part of the reason why they were good or great.”

Mentorship

  1. “There is a lot to be said for either picking, or being lucky enough to land, the right mentor. The best ones can change your life.”

Teamwork

  1. “Each player has to understand the qualities and strengths of their team-mates.”

Excellence

  1. “Part of the way you develop excellence in an organization is to be careful about the way you define success.”
  2. “Winning anything requires a series of steps.”

Inspiring

  1. “You don’t get the best out of people by hitting them with an iron rod. You do so by gaining their respect, getting them accustomed to triumphs and convincing them that they are capable of improving their performance.”
  2. “Much of leadership is about extracting that extra 5 percent of performance that individuals did not know they possessed.”
  3. “Unless you understand people, it is very hard to motivate them.”
  4. “Another crucial ingredient of motivation is consistency. As a leader you can’t run from one side of the ship to the other. People need to feel that you have unshakeable confidence in a particular approach. If you can’t show this, you’ll lose the team very quickly.”
  5. “Anyone who is in charge of a group of people has got to have a strong personality….a strong personality is an expression of inner strength and fortitude.”
  6. “People perform best when they know they have earned the trust of their leader.”

Complacency

  1. “Complacency is a disease, especially for individuals and organizations that have enjoyed success.”

Networking

  1. “A network takes time to develop. Part comes through the passage of time, part from the way you treat others and part from reciprocity.”
  2. “It’s easy to forget about the troubles of others but, if you take the time to remember, it goes a very long way.”

Time

  1. “Don’t lie, don’t steal, and always be early.”

Distractions

  1. “I have yet to encounter anyone who has achieved massive success without closing themselves off from the demands of others or forgoing pastimes.”
  2. “If you have two people of equal talent it will be the way in which they marshal their ability that will determine their eventual success.”
  3. “There’s only one way to enjoy a final and that’s to win it. Nobody ever remembers the losers.”

Failing

  1. “At some point in my life the desire and need to win outstripped my fear of failure.”
  2. “There’s some merit in getting defeated – even though I’d never want it to be a habit. Team members who are hungry for victory and take great pride in their performance will be eager to avenge defeat.”

Speaking

  1. “Whether the audience is one person or 75,000, you need to assemble your thoughts, know what you want to emphasize and just say it.”

Boss

  1. “The greatest bosses also take pride in making sure that if employees who have served them well choose to leave, they go on to greater and better things.”

Control

  1. “I just don’t believe that you can get the most out of people if they are perpetually afraid of you.”

Delegation

  1. “My job was to make everyone understand that the impossible was possible. That’s the difference between leadership and management”

Decision Making

  1. “When you are in the football world, and I suspect in almost every other setting, you have to make decisions with the information at your disposal, rather than what you wish you might have.”

Salesmanship

  1. “Any leader is a salesman – and he has to sell to the inside of his organization and to the outside. Anyone who aspires to be a great leader needs to excel at selling his ideas and aspirations to others.”

Compensation

  1. “Bonuses get spent. Medals are forever.”

Negotiation

  1. “If you need one person to change your destiny, then you have not built a very solid organization.”

Arriving

  1. “If you want to build a winning organization, you have to be prepared to carry on building every day. You never stop building – if you do, you stagnate.”

Confidence

  1. “It’s one thing to have confidence in your own abilities. It’s a completely different challenge to instill confidence in others.”