(Just in time for Halloween, no less)
It was bound to happen sooner or later. Hell, it’s happened to almost everyone I know.
No matter how successful you’ve been in your position, or how many years you’ve built up your reputation as an accomplished sales professional, you’re only as good as your last quarter.
Unfortunately for me, I’d had two bad quarters in a row. The third quarter showed drastic improvement in revenues booked, but it wasn’t enough.
So I get the on the phone with my boss for our weekly territory review, and am surprised to hear that my boss’s, boss is on the phone with us. I know this is not going to be a pleasant conversation.
Companies have a variety of ways they measure success for their sales teams. Professional sales people are quota bearing, Territories are defined by account, vertical market, geography, channel, or a combination of these factors.
Bottom line: you gotta sell.
One of my earliest exposures to a manager outside my district, was a pretty interesting character on may levels. One of his “sayings” always made me smile. He had a motto, and was never shy to tell you “the definition of a salesperson, is one who sells something.”.
Then he’d ask “Did you define yourself today?”
So back to my phone conversation. I was concerned that I hadn’t been defining myself efficiently enough this fiscal year. Predictably, my boss’s, boss told me that my services were no longer being required. In these truly tough economic times, mediocrity can not be tolerated. It was positioned as a reduction in force, but it didn’t feel any better.
In the last layoff my company went through , one of my colleagues was ranked #1 in his category, exceeding year-to-date quota, and even he was shown the door. I will tell that this is the first and only time I’ve ever witnessed it. I simply point out that noone is immune.
No matter what your personal situation, the moral of the story is, THERE IS NO LOYALTY anymore.
I urge all of you successful sales people, if you’re not already doing it, take care of number one, first.
If you don’t have one yet, start an attaboy/attagirl file immediately. Go back as far as you can, listing the documented accomplishments, high rankings, quota attainment, incentive trips, annual earnings and commendations. Keep this file in an easy to find place.
Always save the last 6 months of inquiries from head hunters, so you have a base of recruiting contacts to at least get started on a search.
Keep an up-to-date contact list of colleagues (even those who preceded you, in finding another place to be successful), business partners, influential customers in your industry, mentors, and personal references who would be a value to you, should you have to begin a career search on short notice.
Selling a lot, exceeding quota, meeting expectations, is like the most popular birth control methods. About 98% effective, even when used properly. Track your career, milestones and accomplishments. You’ll be much better prepared to land on your feet quickly.Your efforts will be rewarded, if the Hatchet in the Forehead finds its way to the front of your Mellon.
So the bright side — I have quite a bit more time to blog for Sales Swamis AND to work on that honey do list. Two points of nagging out of the way.
Plus, I get to talk to a bunch of folks about good opportunities … one door closes, one door opens.
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