Cold Calling Sucks: An Eye-Opening Convo with 30 Minutes to President's Club
Aug 7, 2024
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Armand Farrokh and Nick Cegelski, co-hosts of the popular sales podcast, delve into their insights from their book on cold calling. They debunk myths surrounding the practice, revealing surprising statistics on voicemails and objections. The duo emphasizes the importance of action over perfection in cold calling and shares practical strategies to build confidence. With personal anecdotes and data-driven approaches, they highlight how to effectively connect with prospects through warm calls and the power of shared experiences.
Cold calling can be highly effective despite its negative perception, and data shows that proper techniques significantly improve meeting booking rates.
Utilizing voice mails strategically without a sales pitch enhances response rates, emphasizing the need to handle objections with a more refined approach.
Deep dives
The Value of Podcasting for Sales Professionals
Starting a podcast can be highly beneficial for sales professionals looking to enhance their personal branding. By documenting their voice and sharing their insights, they can establish credibility and connect with a wider audience. The hosts of 30 Minutes to Presidents Club emphasize that even though many salespeople express intentions to start their own podcasts, very few actually follow through. This underscores the importance of taking actionable steps and the potential missed opportunities for those who do not leverage this medium.
Founding Story of 30 Minutes to Presidents Club
The podcast 30 Minutes to Presidents Club was founded by two individuals who initially bonded over their mutual experiences in wrestling during their college years. After identifying the lack of effective sales training from previous employers, they began sharing valuable sales tactics with each other through podcasts. This collaboration evolved into their own podcast during the COVID-19 pandemic, where they aimed to create a resource for actionable sales advice in a concise format. Their goal was to provide listeners with the most practical takeaways to improve their sales skills in as little time as possible.
Key Insights on Cold Calling
Cold calling remains an effective sales strategy, despite common reservations about its value. Data shows that the top performers in cold calling can book meetings efficiently, demonstrating that a well-structured approach can yield significant results. The importance of overcoming initial reluctance is highlighted, as many individuals fear rejection and tend to procrastinate on making calls. By reframing the cold calling experience and focusing on actionable strategies, salespeople can better navigate this challenging task and achieve success.
Voice Mails and Objections in Cold Calling
The effectiveness of voice mails has been surprisingly validated by recent data, showing that leaving a message can significantly increase the response rates for follow-up emails. However, it's crucial to avoid a sales pitch in the voicemail, which can cause potential leads to disengage. When addressing objections during cold calls, it's essential to recognize that many objections are often dismissive rather than genuine concerns, indicating a need to improve the approach rather than take objections at face value. By applying these insights, sales professionals can craft better calls and engage prospects more effectively.
In this solo episode, Bryan engages in a dynamic conversation with Armand Farrokh and Nick Cegelski, co-hosts of the 30 Minutes to President's Club podcast.
The duo shares insights from their new book, "Cold Calling Sucks, and That's Why It Works," which challenges common misconceptions about cold calling and provides data-backed strategies for success.
Discover surprising statistics on voice mails, objections, and the power of multithreading in sales and unlock a wealth of other practical advice to revolutionize your cold calling game!
If you're ready to learn more about the Blind Zebra Sales Operating System, you can get the details here.
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