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Unlocking the Power of Sales Mindset: Insights from Eric Lofholm
Join host Barry Shore as he delves into the fascinating world of sales mindset with renowned guest Eric Lofholm. In this enlightening conversation, Eric shares invaluable insights and practical strategies that can empower you to supercharge your sales performance.
I’d like you to discover how to shift your perspective from price to value, and gain a deeper understanding of the true worth of your product or service. Eric emphasizes the importance of bringing the benefits of your offering to life in your presentations.
Explore the subconscious beliefs holding you back in your sales career, such as feelings of unworthiness or discomfort in social interactions. Eric Lofholm draws from his wealth of experience and knowledge to reveal how you can surgically remove these limiting thoughts and unlock your full potential.
Learn from Eric’s journey and his study of influential thinker Werner Erhard. Gain a fresh perspective on the power you have over your thoughts and the limitless possibilities that can result from a transformative sales mindset.
YOU’RE STRUGGLING WITH SALES
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10.30] How Businesspeople Can Generate More and Better Leads
- Selling is essentially a form of communication that enhances the likelihood of getting a positive response from another person.
- Learn how to express yourself in a way that motivates and inspires someone to say yes.
- My preferred strategy for lead generation is the POI Strategy.
- POI stands for Person of Influence.
- POI involves identifying another person or company with your target market within their networks.
- In the POI approach, I’m not directly promoting a product.
- Instead, I’m persuading someone to grant me access to their network.
[14.27] Sales is All About Service
- In our culture, there’s a negative perception associated with sales.
- People often view sales as involving high-pressure manipulation and arm-twisting tactics.
- Many of us approach sales with resistance.
- My perspective is that selling is synonymous with providing a service.
- I’m serving individuals even as I’m selling to them, by explaining how their lives could improve if they accept my offer.
- When you approach people with a friendly demeanor, ready to assist them, it changes the entire dynamic.
[17.55] Masters of Sales
- Jay Abraham is undeniably one of the brightest marketing minds in history.
- Jay approached me and asked if I would market his book, to which I enthusiastically agreed.
- Brian Tracy is also recognized as a brilliant mind in the field.
- Tom Hopkins is a legendary sales trainer.
- I’ve nurtured relationships with some of the most prominent figures in motivation and marketing.
- Ultimately, in business, it’s all about building and maintaining relationships.
- Of course, establishing connections with these individuals required significant effort.
[23.25] Embrace Sales as a Way of Life
- The significance of things is determined by the meaning we assign to them.
- So, what does sales mean? It means whatever you choose it to mean.
- If you define it as arm-twisting, high-pressure, and manipulation, that’s what your sales experience will be like.
- Ultimately, it’s a choice that we make.
- Many individuals have never considered that sales is synonymous with service.
- The mindset we hold regarding selling is of utmost importance.
- Prospecting involves the possibility that the other person might decline our offer when we reach out.
- The fear of rejection is a major obstacle that prevents many from moving forward in sales.
[27.44] The Hidden Mindset
- One of the valuable lessons I’ve learned from Jay Abraham is the power of offering something for free.
- Providing something for free can overcome the objection of insufficient money.
- Social currency, much like cash and stocks, holds substantial value.
- Jay Abraham is the richest social currency individual I know.
- Jay graciously spoke at my event without charging a fee, even though his usual keynote fee is $50,000.
- Everywhere he goes, Jay is effectively building social currency.
- I consider myself a social currency multi-millionaire.
- It’s truly remarkable when we approach situations with generosity.
- Many people become uncomfortable when it comes to asking for money.
- In effective communication, moments of silence often occur.
- When Barry, I, or anyone else experiences such silence, we feel energy prompting us to break the silence.
- If you don’t train yourself to speak even when you feel that pull toward silence, communication may falter.
- It’s a straightforward principle rooted in the flow of energy.
[39.11] Shifting Perspectives
- Its price tag doesn’t solely determine the true value of your product or service.
- It’s about the value another person will derive from it, and this value isn’t fixed.
- During your presentation, focus on vividly illustrating the benefits.
- Often, we carry deep-seated ideas in our subconscious.
- Some of these ideas include feeling unworthy of fair compensation or discomfort in social interactions.
- These notions often stem from our childhood and persist into adulthood.
- One of the most impactful lessons I’ve ever learned is how to remove these limiting beliefs surgically.
- My understanding deepened while studying the teachings of Werner Erhard.
- I greatly admire his ideas.
- Ultimately, we have control over our thoughts.
What’s your most fervent desire?
I love what we’re doing here – I love teaching & I love sharing with people. I love sharing ideas where it just clicks in somebody’s mind.
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About Eric Lofholm
Eric Lofholm is a Master Sales Trainer who has taught his proven sales systems to thousands of professionals around the world. He is President and CEO of EricLofholm International, Inc., an organization he founded to professionally train people on the art and science of selling.