1 hr 21 min
Debby Moorman Details Why You’re Better At Business Development Than You Think Real Relationships Real Revenue - Video Edition | Invest in Relationships to Build Your Business and Your Career
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- Marketing
Debby Moorman shares why business development became her career passion and why everybody is better at business development than they think. Find out why the sales label holds so many people back from growing their skills, how being helpful is the foundation for business development, and the aha moment that helped Debby become more effective than ever at building relationships with prospects and clients.
Mo asks Debby Moorman: Tell me the moment when you decided that business development is something that you wanted to focus on.
Debby fell into business development almost by accident when she was in college after taking a sales job one summer. The key realization was when she figured out that she liked helping people solve their problems, and that was when she decided to shift her focus to professional sales. Debby went on to a professional sales role out of college where most of the training was technical in focus. It wasn’t until Debby moved into a national leadership role did she realize that business development skills are just as important as technical skills. That was when she became connected with Mo and the GrowBIG system. Now that Debby is consulting, the focus on business development is even more important. As a service provider, the reality is that you are helping your clients solve their problems, and that is the essence of business development. Companies tend to focus on technical training because there is often so much information to learn and such a large need for that information, businesses are incentivized to pay attention to it. An organization that wants to grow has to invest in its people beyond the technical side. Companies often throw structure at an issue in an attempt to solve a problem. Take the word sales out of your mind if you’re just getting started with business development. Retool your brain to frame the conversation as a way of figuring out what the other person needs and how you can help. If you can do that, the conversation becomes less intimidating.
Mo asks Debby Moorman: What is your personal development of business development?
Business development is identifying high-value relationships, investing in them, and finding ways to bring value to those relationships. It’s about matching what you have to offer with the needs of your market and customizing it for each person. Figuring what the client needs is fundamentally about asking the right questions and listening closely to the answer. The key in any conversation is that if you’re talking more about yourself than you are about them it’s not been a successful conversation. Debby’s personal philosophy is if she can help the other person solve their problem, either with something she can offer or by pointing them in the direction of someone else who can help, then the day will come when she does have something that she can offer them. For an hour-long meeting, Debby prepares for at least double that time to make sure she deeply understands the person and the company she is meeting with. The more she can become a student of their business, the more she can make that initial conversation helpful. She will write out a handful of open-ended questions to get them talking and sharing about the challenges in their business. One of the biggest gaps in a good conversation that leads nowhere is that there needs to be a next step. The questions and preparation get the conversation going, but coming up with two or three paths that could lead to a give-to-get or a second conversation is the goal. The goal of the first meeting is to get the second meeting. You need a reason to get back together again. A good rule of thumb for a meeting is that the other person should be talking ⅔ of the time. One of the skills that Debby has had to work on over the years is the power of silence. We have a natural inclination to fill the space, but it’s okay to wait. It takes practice to learn these skills but it’s more than worth the effor
Debby Moorman shares why business development became her career passion and why everybody is better at business development than they think. Find out why the sales label holds so many people back from growing their skills, how being helpful is the foundation for business development, and the aha moment that helped Debby become more effective than ever at building relationships with prospects and clients.
Mo asks Debby Moorman: Tell me the moment when you decided that business development is something that you wanted to focus on.
Debby fell into business development almost by accident when she was in college after taking a sales job one summer. The key realization was when she figured out that she liked helping people solve their problems, and that was when she decided to shift her focus to professional sales. Debby went on to a professional sales role out of college where most of the training was technical in focus. It wasn’t until Debby moved into a national leadership role did she realize that business development skills are just as important as technical skills. That was when she became connected with Mo and the GrowBIG system. Now that Debby is consulting, the focus on business development is even more important. As a service provider, the reality is that you are helping your clients solve their problems, and that is the essence of business development. Companies tend to focus on technical training because there is often so much information to learn and such a large need for that information, businesses are incentivized to pay attention to it. An organization that wants to grow has to invest in its people beyond the technical side. Companies often throw structure at an issue in an attempt to solve a problem. Take the word sales out of your mind if you’re just getting started with business development. Retool your brain to frame the conversation as a way of figuring out what the other person needs and how you can help. If you can do that, the conversation becomes less intimidating.
Mo asks Debby Moorman: What is your personal development of business development?
Business development is identifying high-value relationships, investing in them, and finding ways to bring value to those relationships. It’s about matching what you have to offer with the needs of your market and customizing it for each person. Figuring what the client needs is fundamentally about asking the right questions and listening closely to the answer. The key in any conversation is that if you’re talking more about yourself than you are about them it’s not been a successful conversation. Debby’s personal philosophy is if she can help the other person solve their problem, either with something she can offer or by pointing them in the direction of someone else who can help, then the day will come when she does have something that she can offer them. For an hour-long meeting, Debby prepares for at least double that time to make sure she deeply understands the person and the company she is meeting with. The more she can become a student of their business, the more she can make that initial conversation helpful. She will write out a handful of open-ended questions to get them talking and sharing about the challenges in their business. One of the biggest gaps in a good conversation that leads nowhere is that there needs to be a next step. The questions and preparation get the conversation going, but coming up with two or three paths that could lead to a give-to-get or a second conversation is the goal. The goal of the first meeting is to get the second meeting. You need a reason to get back together again. A good rule of thumb for a meeting is that the other person should be talking ⅔ of the time. One of the skills that Debby has had to work on over the years is the power of silence. We have a natural inclination to fill the space, but it’s okay to wait. It takes practice to learn these skills but it’s more than worth the effor
1 hr 21 min