Follow Along

mediaaprilmediaapril: Word! (Via @Foodimentary) Pa has had more breweries in history than any other state. Almost every town has at least 1 licensed beermaker.
12 hours ago
MeldonJMeldonJ: Reading the news sometimes makes me think the end of the world is near.
14 hours ago
MeldonJMeldonJ: RT @AsiaHoe: I'm so jealous of people that have names that are easily cleverly branded. My name is marketable all right, just not quite in my industry...
1 day ago
MeldonJMeldonJ: TD Bank band-aids suck. But they are preferable to my teabag-and-tape idea.
1 day ago
MeldonJMeldonJ: Victory! The little strip of not-my-nude-colored band-aids have covered the gaping gash on my hand.
1 day ago
MeldonJMeldonJ: Another piece of good (or bad depending on the way you look at it) news is I found a credit card I'd hidden from myself 3 months ago.
1 day ago
MeldonJMeldonJ: Bleeding profusely with no band-aids in sight. But I did find a pack of Oreo cookies.
1 day ago
grouponphillygrouponphilly: @MeldonJ If you don't stay subscribed, we'll have to punish Derrick for you! :)
2 days ago
MeldonJMeldonJ: Academic papers are getting more and more entertaining...
2 days ago
MeldonJMeldonJ: I will now periodically subscribe and unsubscribe from @Groupon in order to "Punish Derrick". http://bit.ly/caFeqZ . How ingenious!
2 days ago
  • One of the most important aspects of sales is the follow up. In my opinion, THE most important aspect of sales at a startup is the follow up.

    Staying in touch with your prospects and building a foundation for a business partnership will show a great stream of revenue for the company (not to mention, it will definitely score you some referrals). How do you know when to follow up? When is it too much? When is it not enough? And how do you move the sale forward every single time that you speak to your prospect? Before I run through the answers to these questions, I’d like to point out that without follow up, you are letting the prospect come back to you when they are ready. This rarely happens, as competition will come in and snag the business 99% of the time.

    How do you know when to follow up?

    The best way to gauge the first follow up call, is to evaluate your success on the initial presentation. Was there legitimate interest? What work needs to be done on your end? What information do you now need from the prospect? You need to ask yourself these questions in order to figure out when a follow up call needs to be placed. When you decide it is time to follow up, I have found that a great way to ensure that a follow up call goes well is to have an E-mail waiting for them in their inbox when you reach out. Always give the prospect a way to follow along. Whether it’s sales collateral, case studies, or generic information about your product, the prospect will see the effort you are putting forth and is more likely to help you push the sale forward.

    Read the rest of this entry »

  • Addicted to Closing

    by David Altimari on February 25, 2010

    If you are lucky enough to work for a successful startup in your career, then you will learn one of the greatest skills someone can master.  This is of course, closing a deal.  Sure, any company out there can technically show you how to close.  However, until you’ve seen the heart, determination and will that it takes for someone heading up a startup to close a deal, then you have not seen anything worthwhile.  Closing deals for a startup is something special.  It’s different.

    How?  It’s all about being part of something special and most importantly, making your client feel that they are extraordinary.

    Walk into a popular fast food chain, and place your order.  Please take note to the lack of care put into getting you what you want.  The next day, go to the newest sandwich shop around you.  See how well they take care of you.  They’ll make whatever you want.  Doesn’t matter what the size, or what the topping.  See where I’m going with this?

    Read the rest of this entry »

  • In my experience at a startup, I found many things to be eye opening contradictions of what I was taught in school, mainly college. “Systematic processes with finite rules and explanations that have no wiggle room, in which if you fail, you will be fired.”  That is what I learned from dozens of business classes in college.  Who knew the real world was a lot more like High School.

    Day one at my first startup was not exactly what I had expected.  There were no men in suits and there were no exaggerated hierarchies there to intimidate.  There was however, something waiting for me at my desk.  Intangible as it may be, fun greeted me as I arrived.  I was asked to sit down and sell.  I wasn’t asked to make sure x, y, and z were done in order to sell.  I wasn’t thrown into a 10 day training class followed with an SAT type test to see if I would make it.  I also did not have people breathing down my neck to ensure I was doing my job.  From the moment I was hired, a trust was built that I felt unworthy of.  It instantly instilled a work ethic that led me to the top.  Naturally, being in sales, you always want to be the best.  Fortunately for me, I was given the one tool to make that possible.  Being surrounded by successful and money driven people.

    Read the rest of this entry »