Dig It's Great Quote of the Week

18 Sep

“You can’t have a better tomorrow if you’re thinking about yesterday.” — Charles Kettering

Quote of the Week – Great quote that should strike a chord in any sales rep, manager or business owner bemoaning their poor 2009 sales attainment. Sales people are usually very good at moving on whether the last month was a win or a dud but for anyone needing a reminder, read and internalize this quote. Now go get them!

Boston-area VC funding for startups – where is it?

9 Sep

Since many Inquisix members are also entrepreneurs and business owners (like us), perhaps you’ll find these articles as interesting as we do.  The first article caused a big commotion and discussion amongst the Boston startup crowd.  Isn’t that what good articles do?

  • Why Waltham Doesn’t Matter – Finding early stage funding is always challenging for startups and the chances of getting a, “No thanks” are close to 99%. So when a noted Boston Globe business columnist calls the VCs on the carpet, everyone in our community takes notice. I was at a TechCocktail networking event last week and the VCs I spoke to all had lots of comments and head shaking. One was upset that they weren’t mentioned with the “good guys” in Boston. So if Scott was looking to stir the pot, he accomplished it in spades!
  • Hey, Boston-area VCs, angels: Loosen up and connect with startups – To continue the commentary from Scott on Waltham VCs and lack of Series A fundings, one of the Angels that rec’d kudos from Scott is offering his suggestions. It’s one all Inquisix members believe in – the referral. “If you can’t/won’t do the deal then referral them to someone you think will.”

Follow Salesforce.com's path to the top & other thoughts

4 Sep

The blog articles I read this week worth commenting on and sharing:

  • 111 Successful Plays That Led Salesforce.com from an Idea to $1 Billion in 10 Years – The company (and the man) that made the hosted-elsewhere software applications (whether you call it SaaS, Cloud Computing, ASP, etc) a non-issue with big business. Before <a href=”http://salesforce.com”>salesforce.com</a&gt; there were too many concerns about security, up-time, bandwidth and more. After Salesforce.com paved the way, look how many sites are now in the clouds, including Google Mail, Quicken & TurboTax along with photo sharing and desktop hard-disk backups. You can put your customer data, every email, financial data and tax data all online and not think twice about it. Thanks to Marc and Salesforce.com
  • Tips From @ChrisBrogan on How to Beat Dunbar’s Number – I’ve heard (and repeated the item myself) that the limit of real social relationships is 150. Even mentioned it during the BTR show with Jon Hansen last week. A fact I had not verified before but thanks to HubSpot’s blog and a link to Wikipedia, the source of 150 can be attributed to Robin Dunbar.
  • Have you met your competitor yet? Maybe you should. – Great article about the reasons why you should meet your competitor. Back when I was at Sybase, we were taught to hate our version of the Evil Empire, Oracle. Well, we all know how that battle turned out and many of my Sybase colleagues ended up working at Oracle. They didn’t suddenly become evil although we were both more careful about sharing war stories. Similarily, I’ve always been impressed at the end of hockey games when both teams line up and shake each other’s hands. Geoffrey’s reasons for meeting your competitor:
    1) Learn more about how they sell
    2) Use that knowledge to build credibility with your customer
    3) Never know when you’ll be looking for a new job

For those of you in the US & Canada, enjoy the long weekend!

Talk Radio Podcast : Emergence of Reputation Networks : Sept 23, 2009

2 Sep

I had an amazing Blog Talk Radio with Jon Hansen of PI Window on Business last week.  We spoke over our allotted time, almost an hour, on the emergence of reputation networks such as Inquisix.  With it being so easy to make connections on the web and trade recommendations, how can people who don’t know you really trust what they read about you?

Topics we discussed included:

  • Value of References
  • Giving vs Getting
  • Political Patronage and References
  • Verifying References
  • Integrity of Referral/Reference Process
  • Does Social Media Help or Hurt
  • Extending Your Reference Base with Integrity
  • Emergence of Reputation Networks with Social/Business Networking

http://www.blogtalkradio.com/BTRPlayer.swf?displayheight=&file=http://www.blogtalkradio.com%2fJon-Hansen%2fplay_list.xml?show_id=662419&autostart=false&shuffle=false&volume=80&corner=rounded&callback=http://www.blogtalkradio.com/FlashPlayerCallback.aspx&width=215&height=108

If BTR podcast doesn’t show above, please go to Jon’s site to listen to it.

On a side note, talking with Jon was one of the easiest and most enjoyable online discussions I’ve had.  Jon prepared me for the call by sending me some topics to think about prior to our interview.  He was calm when we had a few technical difficulties to iron out before we went on the air.  And his engaging demeanor and conversation made the conversation lively, interesting and valuable.   I was certainly surprised to learn later that Jon’s only been a BTR host for a short time.  Jon has written a book, “Your Show Will Go Live in 5 Seconds” about his experiences as a Blog Talk Radio Host.  If  you’re thinking of becoming a BTR host or are thinking of your personal branding via Social Media, you owe it to yourself to read this book.  An excerpt is available at no charge at Jon’s site.  Not surprising, his book reads as breezy and well as listening to him online.

JonHansenBook

Salespeople – Call to action & share

1 Sep

Nigel Edelshain of Sales 2.0 was interviewed on yourBusinessChannel recently and he discussed what salespeople need to do today to win more business.  Nigel’s call to action is to “…get together and share their rolodexes….to win business and keep their jobs.”  He suggests starting online with LinkedIn, AllyForce, SalesConx or Inquisix.

http://www.youtube.com/v/5kEN_73ftZw&hl=en&fs=1&rel=0&border=1

Social Networks – the backlash starting?

28 Aug

Maybe this is my personal pet peeve about social networking sites and thus this WSJ article resonated with me.

How Facebook Ruins Friendships

The author’s rant is that too many people have moved their relationship online at the expense of face-to-face time.  And that too many people share the dreaded TMI (Too Much Information) on Facebook – information they’d never share in public but feel compelled to share on-line.

I had a FB friend pondering online if they should have another child.  TMI!

Another about their trip to the dentist.  Another TMI!

Still, given the explosive growth of Facebook, Twitter and (to a lesser extent!) Inquisix, I think that people have just started learning how to communicate properly online. However, if we’re still struggling with in-person conversations and understanding email messages, then Miss Manners and her colleagues have a lot of work to do!

Joanne Black adds social networking links to her site

26 Aug

As many of you know, I’m a big fan of Joanne Black and her book, “No More Cold Calling” because so much of what she writes is the foundation on what Inquisix is built upon.   When Dave and I were first sharing the referral exchange idea that became Inquisix, we were introduced to Joanne by Philippe Lavie, sales trainer from Chicago.  Joanne and I talked a few times and then agreed to meet at the first Sales 2.0 conference in San Francisco.  I had a chance to pick up Joanne’s book and read it before meeting her in Chicago.  I felt like I was in college again because when I was done reading her book, it was filled with my yellow highlighting.  I’ve now met Joanne a few times while I’m in San Francisco and her advice on building a better Inquisix has proven invaluable.

NoMoreColdCalling

Joanne has now extended her website’s offerings to include a blog, Facebook page and Twitter account.  It’s now even easier to get her good advice.

Great Zig Ziglar quote to start the week

24 Aug

As a salesperson, are you selling to your prospects or helping them solve problems?

Zig Ziglar says, “You can get everything in life  you want if you help other people get what they want.”  As quoted in Selling Power maagazine, June 2009 issue, page 28.

Zig’s message at first glance seems a bit naive especially since it seems contrary to messages you receive at school, on the playing fields and at work about being number 1.

But in this new Sales 2.0 “empowering the customer” environment, is there any other way to be successful in your career?

Talk Radio Event: Emergence of Reputation Networks : Sept 23, 2009

23 Aug

Jon Hansen hosts a Talk Radio Show, “PI Window on Business” that reaches an estimated 300,000 syndicated subscribers worldwide every month.  The PI Social Media Network is internationally recognized for its ability to identify, structure and disseminate the ideas and visions that are reshaping the emerging global enterprise.

JonHansen

He’s talking with Michael Kreppein, Chief Sales Officer of Inquisix, to examine more closely the emergence of “reputation networks” and their effects on personal branding in the Web 2.0 world. Reputation networks, like Inquisix, are gaining ground to combat the growing problem within the realms of social networking, where references or testimonials are bartered by an ever-expanding network of interloping relationships between name collectors versus relationship builders.

Please join us.

Wednesday September 23, 2009 at 12.30pm ET

Miss Manners is never around when you need her & Tip to reconnect with customers

21 Aug

There were two articles I read recently that really resonated with me although they’re about separate topics.  Hence the long and unwieldy title. I think the first issue about saying, “No” to friend requests is a new phenomena that the rise in social networking has created.  And technology has also come in between you and your customer when you want to get your message across to one or two people.  Hmm, technology – you can use it to increase quantity at the cost of quality.  Maybe these two topics have a common link after all.

  • What’s the Right Way to Say ‘I Don’t Want to Be Your Friend’? – I’ve read and re-read this posting several times because it’s an issue that I face often. Where’s Ann Landers or Miss Manners when we need the answer to this question that only today’s times of social networks invading our personal space. Why I get business colleagues asking me to be Facebook friends I don’t know. Why I want to connect on LinkedIn with someone who openly admits to wanting to collect the largest number of connections is beyond me.
  • The talking pad – I really dislike PowerPoint presentations to get my message across to one or two people sitting with me at the table. Colleagues laugh at my laminate, as I’ll bring 2 slides printed out and laminated back-to-back as my presentation cues. Using a pad of paper or a whiteboard is just as effective. There are many & better options than flipping up the laptop and presenting. Start using them (again) and watch your conversions increase.