|
Rainmakers:
Drizzle or Cloud Burst?
by Ray Silverstein
Most
new companies are started by entrepreneurs known as "rainmakers." "Rainmakers"
are those people who feel they can make a difference, are highly competitive,
optimistic, need to win, assertive and want to make things happen. Although
there are companies started by people with strong technical abilities,
the ones that really grow are those driven by a strong sales sense.
The
company that is started by a "rainmaker" runs into difficulty when that
person encounters time saturation. That is, all of their time is taken
up with the sales aspect. They feel they must handle this in addition
to the increasing administrative and management responsibility inherent
in the company's growth.
The
question now becomes, how does the company grow and prosper if its primary
sales achiever is too busy? This is a question we discuss very often in
the presidents' advisory board groups I facilitate. The answer really
breaks down into several different strategies based upon the personality,
discipline and goals of the leader. This is really the first crucial bridge
to cross from being a start up company to a preliminary managed company.
The
simplest solution is to hire an administrative assistant for the "rainmaker"
to take over many of the day to day activities, create organization and
help with inside sales. This approach is a start but not the solution.
The company's sales growth, health and value is still determined by the
leader.
The
next approach is to hire sales people. Many companies make the mistake
of looking for "sales finders," sales people who are like the "rainmaker."
Although this would be a great solution, these people are very hard to
find. It is much easier to hire "sales minders," people who can slowly
grow the account and service the business. The "sales minder" is not as
competitive as the "sales finder' and usually has a more pleasing personality.
Many times in the hiring process, "sales minders" are mistaken for "sales
finders" because they are comfortable to talk to and appear to have an
outgoing personality. But, if truth be known, they are internally afraid
to ask for business.
The
overall approach is to create a sales staff. The success of any sales
staff requires a definition of the sales process. Every product or service
has a sales process that can be defined and reduced to a formula. In managing
sales people, they are compared against the sales process expectation
to determine any shortfalls. If substantial differences from the expectations
occur, the sales person should be given assistance to achieve the desired
performance.
The
hiring of sales people, comparing them to the sales process and training
them are the keys to successful sales management. It is mandatory the
right people be hired because you cannot build on a faulty foundation.
PRO members whose companies have consistent sales growth use personality
profile testing in the hiring stage. The test does not judge the technical
skills or past work experience of the candidate, but only determines if
the person has the right psychological profile for the type of sales person
that is needed for the product or service. There are different traits
for the "sales finder" and the "sales minder."
The
process of converting your rain making talent from a drizzle to a cloud
burst is based upon your leadership. Take the time to define the sales
process and the expected performance at each level. Work hard to define
the type of person who will have a high probability of success. Devote
the time to mentor and train the right person. The value of a business
is greatly increased if the daily activity is not based on you but on
the team.
|