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Money Talk With Tiff

Money Talk With Tiff

    Money Talk With Tiff
    Episode•October 10, 2023•24 min

    How To Create Unstoppable Sales Results With Lisa Smith | Ep. 270

    Are you struggling with the sales cycle and process? Looking for strategies to become better at sales? Join us in this interview with Lisa Smith, a renowned sales expert, as she shares her insight on successful sales techniques, mindset shifts that can take your game to the next level, and much more. Tune in now and get ready to become an unstoppable sales champion! About Our Guest Lisa J. Smith is the CEO and founder of SMITH co., a sales consulting firm focused on modern midsize B2B businesses. A dynamic public speaker and natural trainer, she has presented for multiple audiences in various industries across three decades. Having spent 30 years selling B2B services in every economic environment imaginable, Lisa has gained a multitude of diverse experiences and improved the financial situation of countless organizations. She is trained in design thinking, finance, business strategy, sales, advertising, and marketing. These skills allow her to spot and reveal the blind spots most B2B companies encounter in their sales funnel. Think of her as a sales sleuth, revealing and removing the obstacles that hold businesses back from realizing higher revenue and growth. Lisa considers herself a “COVIDpreneur”. She launched SMITH co in June 2020, and despite the turbulent economic landscape, she reached six figures in her first year. She has maintained that for the last 2 years consecutively. She deeply understands her client’s challenges; because she’s been there. She has been designing and creating her whole life. Her latest design challenge; adding a few new items to her summer wardrobe sewn with her own two hands, self-taught BTW. Connect with Lisa Instagram: @smithcosales LinkedIn: smithcosales Connect with Tiffany Visit our site: https://moneytalkwitht.com Facebook: Money Talk With Tiff Twitter: @moneytalkwitht Instagram: @moneytalkwitht LinkedIn: Tiffany Grant Links & Additional Resources Evy AI Martech.com This podcast uses the following third-party services for analysis: Podcorn - https://podcorn.com/privacy OP3 - https://op3.dev/privacy

    Apple PodcastsSpotifyYouTubeOvercastAmazon Music

    Key Takeaways

    • 1

      Define your ideal client persona first to guide all sales activities

      Create a specific target profile (e.g., "Ingrid") with details like business size, revenue, and needs

      This makes it easier to identify prospects wearing the "purple hat in a crowd"

      Target definition informs messaging, content creation, and where to find prospects

    • 2

      Sales mindset shift: focus on relationship-building and curiosity rather than "selling"

      Everyone sells themselves daily through negotiations, job interviews, and dating

      Build trust by asking great questions and being a good listener

      Follow-up isn't pushy when framed as continuing a relationship rather than closing a deal

    • 3

      Follow-up is essential but often avoided due to fear of seeming aggressive

      Send reminder emails with key takeaways from conversations to keep warm

      Use calendar booking as a gentle prompt: "I'm holding space for you"

      If ghosted, send a polite "assuming you've moved on" message to prompt response

    • 4

      Balance value-giving with boundaries during initial conversations

      Give away some free value to encourage follow-up, but don't give everything away

      If over-sharing, pivot by asking more questions about the prospect

      People love talking about themselves, which reveals their pain points

    • 5

      Leverage AI tools to automate follow-up and content creation while maintaining authenticity

      Evy AI (E-V-Y-A-I) LinkedIn plugin helps craft comments in various tones

      Martech.com lists marketing tools searchable by function (CRM, project management, etc.)

      Tools save time but allow customization so messaging feels personal

    Intro

    • In this episode, Tiffany explores sales strategies for small business owners with expert Lisa Smith, who shares practical frameworks for overcoming mindset barriers and building sustainable client relationships.
    • Lisa J. Smith is CEO and founder of SMITH co., a sales consulting firm for modern midsize B2B businesses. With 30 years of B2B sales experience across all economic environments, she launched her firm in June 2020 and reached six figures in her first year despite the pandemic.
    LinkedInInstagram

    – Demystifying the Sales Process

    • Lisa reframes sales for professional services as building relationships to help clients solve problems rather than transactional pushing.

    At the very bottom baseline level, that is really what sales for professional services is.

    – Lisa Smith
    • She outlines the full cycle: target identification → messaging → acquisition → proposal → retention → upselling/cross-selling.

    – The Power of Defining Your Target Client

    • Lisa emphasizes creating a specific persona like "Ingrid" with details about business size, revenue, and challenges.

    It's as if she's wearing a purple hat in a crowd. Now when I'm out... I look for people like Ingrid who are wearing a purple hat.

    – Lisa Smith
    • This clarity informs where to network, what content to create, and how to craft messaging that resonates.

    – Overcoming the "I'm Not Good at Sales" Mindset

    • Lisa addresses the common self-limiting belief that many professionals hold about their sales abilities.

    Unconsciously, you're selling yourself without realizing you're selling yourself.

    – Lisa Smith
    • She explains that sales at its core is about curiosity, asking great questions, and building trust—not being pushy.

    – The Follow-Up Struggle and How to Overcome It

    • Tiffany admits struggling with follow-up, and Lisa explains the psychological barrier: fear of seeming aggressive.

    Follow up doesn't need to be... 'this is what I do and you should buy my services.' It's really just this idea of I'm going to make some friends.

    – Lisa Smith
    • She suggests framing follow-up as relationship continuation rather than a sales pitch.

    – Balancing Value-Giving with Boundaries

    • Tiffany shares her tendency to give too much away in conversations, and Lisa offers strategies to maintain balance.

    If you feel like you're starting to get like a little too excited... just start asking more questions about them.

    – Lisa Smith
    • She suggests giving away some free value to encourage follow-up while keeping core expertise behind a paywall.

    – Handling Ghosting and Stale Proposals

    • Lisa addresses the modern challenge of prospects ghosting after initial excitement and provides multiple approaches.
    • Send reminder emails with key takeaways from the conversation
    • Use calendar booking as a prompt: "I'm holding space for you"
    • Send a polite "assuming you've moved on" message to prompt a response

    They just ghost you. Like there isn't a good reason. I think people just get busy or they don't want to commit.

    – Lisa Smith

    – AI Tools to Streamline Sales Processes

    • Lisa recommends leveraging AI for follow-up emails, content creation, and LinkedIn engagement while maintaining authenticity.
    • Evy AI (E-V-Y-A-I): LinkedIn plugin for crafting comments in various tones (happy, professional, etc.)
    • Martech.com: Directory of marketing tools searchable by function (CRM, project management, video tools)

    Resources

    • Evy AItool
    • Martech.comtool

    Topics

    Sales StrategyB2B SalesMindsetFollow-up TechniquesClient RelationshipsSmall BusinessAI ToolsLinkedInLead GenerationPricing Strategy

    How To Create Unstoppable Sales Results With Lisa Smith | Ep. 270

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