WEBVTT

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I'm looking for the people who are
asking the question why should we do this

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and why should we do it now, not the person who's asking, well,

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who should we buy from? I
believe one of our biggest challenges is

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understanding at Fellers, is truly understanding
the number of different people who are going

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to have impact on the decision.
You're listening to the audible Ready Podcast,

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the show that helps you and your
teams sell more faster. We'll feature sales

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leaders sharing their best insights on how
to create a sales engine that helps you

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fuel repeatable revenue growth, presented by
the team at Force Management, a leader

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in B to B sales effectiveness.
Let's get started. Hello and welcome to

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the Audible Ready Podcast. I am
Rachel Klepmiller. Thanks for tuning in today.

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Brian Walsh is joining me for our
conversation. Hi Brian, morning,

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Rachel. How are you great to
see you and be with you? Yes,

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I know we're up for a media
discussion today, Brian. Always love

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when you join us on the podcast. Today's topic actually comes from our online

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subscription platform as sender for individuals and
small teams. There's a community forum there

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and people can ask questions about deals
or sales execution issues, medic whatever.

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So, Brian, we had a
discussion recently from some of our subscribers who

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are working complex deals and trying to
work that E in medic right, the

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economic buyer, And there is a
great discussion thread going back and forth.

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Is it one economic buyer? Is
a multiple? I feel like I'm dealing

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with multiples in my complex deals.
By definition, there is only one economic

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buyer, but there's a lot that
surrounds that buyer, which may confuse some

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reps. So let's start level set
here about the economic buyer. Can you

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talk about why we say there is
just one economic buyer? Yeah, And

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by the way I saw that threat, it was it's funny, I wondered.

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Felt to me. I was like, oh, that's a bigger conversation.

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So it's a good start, and
I appreciate your calling me and let

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me weigh in on this. Traditionally, and I would stay still today right,

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And when I say today generally,
but even in today's environment with things

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being a little tighter and every decision
getting a little more to group need,

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etc. But in the end,
there is typically going to be one person

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who's got ultimate authority as to whether
or not their organization is going to do

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a project, and whether or not
they're going to do it now. And

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when I think about those two questions, are we going to do this and

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are we going to do it now? I try to remind myself that this

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person's really got to think about three
big things. It's obviously the money,

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and that's the one everybody thinks about. Are we going to spend this money

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and are we going to spend it
now? But also in terms of time

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and resources? Right, so,
are we going to do this and are

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we going to do it now?
Is it a good use of our money,

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our time, and our resources.
And I get that these people at

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a minute of them are going to
be influenced by others, but that's influenced

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versus decision authority, And in the
end, somebody's got to be the one

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to stay Okay, we're doing this, and we're doing it now. It's

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the best use of our money and
our time and our resource if that makes

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them, Yes, it's a great
distinction influence versus decision authority, and some

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people might have more influenced than others. That's right, Sure, we'll get

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into that today. But you mentioned
a couple of traits in that answer to

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the first question. But for the
reps, what are our identifying questions?

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Are key traits of the economic buyer
that we're looking for that help narrow us

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down those people who do have that
decision authority. Well, that's a really

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good question, and I would say
the first of all, the answer to

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this question is going to change depending
on a couple of factors, So include

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the size of the organization that we're
calling out that we're working with, the

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complexity of or the opportunity we're working
on. Those two factors are going to

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have an impact on that and what
and who we're looking for. And I

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say that, Rachel, because I
think we need to remember that there are

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no absolutes in this world. Right, So all of what we're talking about

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today might include, as you know, one of my favorite sayings, which

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is, none of this content allows
us to abdicate our responsibility to think.

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I have to think about the opportunity
that I'm in. How complex is it

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for this client, How complex did
their organization, what did their organization look

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like in terms of the typical organizations
we work with, etc. Right,

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in terms of trait, you know, there's some of the obvious. Right,

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there's the formal title, right,
but then there's some of what I

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would call the let obvious think,
like reporting relationships. It would be pretty

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rare, for example, for the
economic buyer to have no one reporting to

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them. It might airdicate again,
but that's an example of complexity of the

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organization I'm working on or working with, etc. But so that's something to

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be thinking about. I think the
other thing to think about is economic buyers.

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If you're kind of looking for level
of participation in the buying process,

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economic buyers have a tendency to not
be highly participative when we are highly participative.

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What I mean by that is economic
buyers have a tendency to be very

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active in the buying decision early as
they set direction and they work with people

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to say, yeah, this is
the project we're looking into and thinking about.

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And then they have a tensity to
disappear while people go off and do

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all of that work because they're up
doing other things to move the business forward.

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And then they show up later in
the sales cycle of the buying journey

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to really be a part of Okay, is this a good decision for us?

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Is it a good use of our
time and our money and our resources,

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and are we making you the right
choice? So you know, if

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you are looking for the economic buyer
to magically appear or be easily identifiable,

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it's probably not one of the people
you have a lot of access to during

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the journey itself. But look for
the people who aren't as easily acceptable.

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There's probably a high chance that they're
not going to be there. Right,

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It's more the technical buying and implementation
people that are going to be involved in

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those conversations. So you know,
think about it, I'm looking for the

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people who are asking the question why
should we do this and why should we

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do it now, not the person
who's asking, well, who should we

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buy from? Yeah? Right,
that's the technical buying on it. So

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the question if the people ask will
also start to point me towards are you

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an economic buyer economic buying influencer or
are you on the decision around the technical

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buy conversation and or even the successful
implementation conversation. And then I think two

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other quick things. Look at how
people are measured. What are the KPIs

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that are attached to this project,
Because if you find KPIs that are technical

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in nature, it probably means the
economic buyer has not fully either endorsed this

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or at least put their stamp boat
approval or a participation on a project.

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And I'm not saying that death necessarily
a bad thing. I am saying there's

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some work to do, because if
you attach your deal strictly the technical buying

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criteria and technical measures of success,
you're probably dealing with somebody who's got a

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budget and is maybe even working on
what I would call a science experiment because

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they don't have an economic buyers dam
above approval and involvement in this. So

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I'm asking myself right down and there, what can I do to start to

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attach things like revenue costs or risk
for the business to this conversation to get

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the economic buyers attention and help the
person I'm dealing with or the people I'm

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dealing with realize that, hey,
right now, if we don't think through

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how this thing is going to impact
one of these three business metrics, they're

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the high likelihood you're going to have
a hard time getting this deal done.

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Internally, it's probably not going to
have the success measure that we'll get other

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people interested. Because there's all kinds
of bad things that can happen to our

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opportunity that we're working on if we
don't have that person attach to it.

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So I kind of went to the
right a little bit with the answer to

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your quickment. But I hope I
gave your elking born terms a thing to

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be thinking about looking for. No, I think that that's helpful. I

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was also reminded of a phrase that
John Kaplan uses. You're looking for people

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who make the news, not the
people that report the news. Yeah,

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that's right, that's gone, it
stuck it. Yeah, And you know

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that's funny. You've amused that phrase
in terms of when we coach opportunities.

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And I know we're gonna talk about
that in a minute, Right, Let's

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talk about when we coach the opportunity. Let's make the news, let's not

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report the news. He's and he's
absolutely right, same thing here. Yeah,

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So I don't want to move on
without talking about those deals where you

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have decision committees or hey, the
board has to sign off on this.

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If I need all these people on
the board to sign off, how am

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I thinking about my economic buyer as
it relates to those types and deals.

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Well, everybody's got a bloss right, right, You know, Stephen,

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the CEO has a boss. So
no matter who you're talking to, eventually

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someone's going to ask, even the
economic buyer. And I have this conversation

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with my brother all the time,
as you know, I have a win

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and I talk about him a lot
because he sits on the other side of

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the depths as an economic buyer.
He will tell you as he runs a

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very large portion of his company,
he's got a lot of boys and a

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big dollar value attached to his part
of the business. But he will tell

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you that when even when he makes
decisions to do something and he's got the

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authority defined for stuff, eventually somebody's
going to come at him. Especially you

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know, if the dollar value is
bigger and material, hey, why are

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we spending that money? So it's
the same thing here. Our economic buyer,

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in all likelihood is still going to
have to share with somebody, whether

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it's the board or somebody, why
are we spending this money? And if

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that answer is not attached to revenue, cost or risk, they're going to

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have a hard time credibly answering that
question. So I think it's really important

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for us to remember that I'm not
only attaching your revenue clock the risk to

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help you think through why you should
do that, why you should do it

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now. I'm also doing that to
protect you and me after you've made the

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decision, right, so that if
you've got part of this on the front

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end, But you know, I
also think about this in the context of

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how is my economic buyer being influenced
by the larger what we'll call economic buying

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committee? Right? And I don't
think that changes when there's committee involved,

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but it does create some additional nuances. For example, like, okay,

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there's this committee. Is the economic
buyer on the committee? Or is this

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committee doing work on behalf of the
economic buyer? Right? Is this committee

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committed to this project and a success
or are they a commission like cities and

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Government of the We're a former committe
commission? Right? Are they a commission

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that's like investigating something that even if
the viable option to pursue, So yet

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what if the committee's charter? Right? Are they there to recommend an option

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or multiple options? Are they there
to make a specific solution recommendation or to

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recommend multiple solutions though that others can
finally make that decision. I think you

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really got to dig into what's the
committee's charter so that you could aid attached

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to that, but be not get
so lost because I've been there. I've

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been involved in opportunities that had large
committees, and before you know it,

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everybody working the deal me included.
We're asking ourselves, holy smokes, who

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are all these people? What do
they hear about? You know, there's

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all of this emotion that goes with
that. What level of authority have they

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been given? And how does that
match up with how this organization and this

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economic buyer have made decisions in the
path. So, you know, Dave

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Davis, one of our friends,
like, if they make yourself equal before

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you try to make yourself better.
I don't an important thing to remember here

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because I'm not about trying to get
around people or past people, because we

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know that's successful in implementation. Don't
just include one person, whether it's the

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economic buyer or the technical buyer or
whoever owns successful implementation on the customer side.

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It includes multiple people. So if
there's a committee involved, I'm all

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in on that. But at the
same time, I'm not going to allow

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that to cloud my vision as to
why the economic buyer conversation is still critically

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important and vice versa. So I
hope that's kind of where I take that

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question. That's a really good explanation
and to really think about, Okay,

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well everybody's got a committee, about
how does this committee sit, and how

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do you our board or whatever,
and how do you attach to that.

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We talk a lot about equipping your
champion to ye sell on your behalf,

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and as you're talking, I was
thinking, maybe it's not as robust,

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but there is something a step you
might need to take to equip your economic

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buyer so that person understands how you
are increasing revenue, how you're decreasing HOSK

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or mitigating risk at that committee level
or whoever's going to have this sign up

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so they can easily make the case
if needed. Is that a step?

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Yeah? I think yeah. I
think that's a really good point. And

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I know we're going to talk a
little bit about medic specifically at some point,

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so I won't go there quite yet, but I'll just grapt thee a

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little bit in that. One of
the things we have to remember is that

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the people were in front of are
going to be taught. Let's assume the

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economic buyers not in the room.
The people we are in front of in

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any given moment. Eventually they are
going to be carrying thump sort of message

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to the economic buying audience. And
I think it's important that we remember that,

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so that we remember that everything that
we say and every piece of communication

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that we stend in some form or
fashion, is going to be used to

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speak to the economic buyer yep.
And I think if we can remind ourselves

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of that, it gives us a
chance to remember that, Hey, when

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whatever I'm about to say it gets
to the economic buyer, I got to

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give it. It's a best chance
to land in a way that that person

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attend to care about it. Right. So we talk about this all the

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time with when we talk about technical
buyers going upstairs, and it should happen.

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A couple of weeks ago, I
had three hundred people in the room.

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I had three or four economic buyers
from the company, had the chief

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revenue officer, the BFO, the
chief legal officer, and they were on

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mike together for about ten or fifteen
minutes, chipped about this conversation and they

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would tell you, and they said
to their people, you have to understand

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that when someone comes to my office
and all they talk about it that technical

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capabilities that were product or a solution. The best thing that's going to happen

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is I'm going to spend them out
of my office with a whole bunch of

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questions to go get answered, and
they're all about what is this going to

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do for the business. So we
have the ability to influence that by how

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we speak. And again I'm not
saying I don't meet my technical buyers where

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they are. I still meet them
where they are and give them what they

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need, but I also make sure
that I help them understand through how I

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do discobery and how I talk about
who we are and attach who we are

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back to the business. I'm either
covertly or overtly depending on the relationship I

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have with a technical buyer. I'm
helping that person they'll look good in front

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of the EB and get the economic
buyer more attached to the conversation because we're

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attacking to what that person cares about
everything. Yep, spot and I love

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that. Before you mentioned medic I
want to shift to medic I just before

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we do that, I want to
ask, are there other people that surround

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this world economic buyer that you are
that are often confused with an economic buyer.

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There's some generalities there, like who
are those people? Let's talk about

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how we make sure we don't fall
into those common tracks. Yeah, well

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it's a great question. I mean
I think that you that jump out of

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me right away are the person who
says, well, I have budget.

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Okay, well that's nice. Doesn't
make an economic buyer just coming to give

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you some budget. But you know, those who get budget are not those

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who can change budget. Right.
So like just inside of our company,

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right, we know who can came
by and who cannot. So that's the

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first thing. And then there are
others that you're going to meet who are

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going to tell you, hey,
this is my decision. Okay. So

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with those couple of things in mind, I believe and I would die on

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this hill. I believe one of
our biggest challenges is understanding at fellers,

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is truly understanding the number of different
people who are going to have impact on

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the decision making, part of the
decision itself, or at least influencing in

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some form of beast. And that's
why I believe that one of the most

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important things an organization can do to
drive efficiency and effectiveness and their opportunities is

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to give their team a valid point
of view on who will often or most

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likely be involved in stump part of
these big three decisions the economic decision,

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of the technical decision, and the
effective implementation decision the clients have to make.

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Because Rachel, I think having that
point of view in your hip pocket

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of Hey, in a typical organization
and this one, you might need to

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create multiple to these if you have
people who work in a different vertical,

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like you know, manufacturing versus healthcare, versus finance, etc. So having

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a point of view on who those
title are is very powerful. Ay,

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it gives you a way to educate
people who don't really know how a decision

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that your company typically plays in gets
made inside of their organization. But more

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importantly, I think in context of
this conversation, it puts the feller in

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a position of being able to acknowledge
an honor whoever they're in front of,

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but also not have to acquiesce when
somebody said, I'm the budget holder or

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I'm the decision maker. If you
don't go through me, your deal is

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dead. If you talk to anybody
but me, I'm going to shut you

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out. And that's living it one
out of the spectrum. But that game

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in some form or bashion often gets
played and having a point of view on

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who's going to be involved in these
decisions. It is very liberating for a

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seller because you know, this is
my style. I'm not digesting others should

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say it the same way I do. But I'm very comfortable thing that somebody

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look you and the role that you
play in your organization is always a part

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of the decision that we find ourselves
in, and I'm going to honor that.

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But I'm also not going to dishonor
the six or seven or eight people

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that we also know are going to
have a point of view on this because

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they don't happen to be in the
room right now. And I'm going to

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tell you I will never dishonor you
if I'm in the room with Thumb or

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one of them and you're not there, because my job, my job is

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to help you get to a collective. Yes, if we can have that

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conversation, to gather and go understand
from others that their point of view on

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the problems we're trying to help us
solve and what great looks like on the

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other side, I'll know before you
do. If I'm a good potential player,

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and if I'm not, I will
exit gracefully and I might even be

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able to give you some advice on
the way out the door. If I

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am, I'm going to go all
in. But look, here's the reality.

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And this is the part that's probably
not going to come out of my

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mouth, but the reality is put
up for that conversation. I'm not necessarily

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qualifying the deal out, but it
is a good data point for me as

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to who you are. And you're
clearly not someone who he's the bigger picture,

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So I have to figure out what
to do with that. And now

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we're getting into medic a little bit. But I would tell you, Rangel,

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I think the number one thing in
an organization can do for their team,

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which then then leads into getting really
good at the content that we give

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our people to go dry to these
conversations. But the one thing you have

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to do first is you got to
help people understand. Look, if you're

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going into an organization where we know
six or eight people are typically involved in

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this conversation in this entire journey,
and you're hoping your wagon to one person,

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that's very rarely a good thing.
At this point of view, can

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be really helpful in helping your thing
through that. I like that. I

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mean there is some powdern recognition sometimes
in these deals, particularly the inflections we

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sell, and there's no reason to
give people a generalized version of the truth

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to help them execute moving forward.
So let's talk about medic. Let's dive

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in here, Brian. Obviously the
E is economical buyer, so important,

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but so are all the other letters. So how can you use the other

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letters of the medic to account for
other roles to help you with the economic

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buyer, things like decision process?
Champion talk a little bit through that.

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Yeah, well, we just talked
about decision process effectively with that concept of

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a point of view right around who
else is going to be involved and understanding

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what they all care about? And
I think I love the question because it

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allows us to highlight how every other
part of medic connects to other parts of

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medic, right That's the beauty of
it. And in this case specifically,

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I think the two or three pieces
of the medic that jump out at me

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in the moment our champion identified pain
and metrics, And if I could only

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have two of those three, I'll
take champion and metrics. If I go

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on only have one of those three. I'll take champion, right, because

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a true champion understands the importance of
act to everyone. They understand the concept

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00:21:17.920 --> 00:21:22.559
of creating a collective yef around the
table as to around answering the big three

303
00:21:22.640 --> 00:21:26.559
question why should we do this,
why should we do it now? And

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why should we do it with this
particular potential partner? Right, And then

305
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metrics is the second one I would
take because while identified pain, it's important

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00:21:37.319 --> 00:21:40.759
and I've talked to multiple economic buyers
both in my previous life and now,

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00:21:40.799 --> 00:21:44.839
and that's roll about this. When
you explain to them the difference between attached

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00:21:44.839 --> 00:21:51.119
to it to pain and attaching to
metric business outcomes revenue costs or risk,

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00:21:51.880 --> 00:21:55.720
they will tell you collectively, if
I have to take one or the other,

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I will spend money to get to
outcome. Right, Because if all

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you do to solve the problem,
that's nice. But if you when you

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00:22:03.839 --> 00:22:07.240
solve my problem, you actually helped
me drive a positive metric around revenue,

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00:22:07.279 --> 00:22:11.359
cost or risk, you now got
a higher chance of getting my attention because

314
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remember, as an economic buyer,
I've got multiple priorities on my desk.

315
00:22:17.640 --> 00:22:22.839
You're not just competing against other solutions
in your space, you're competing against every

316
00:22:22.880 --> 00:22:26.599
other use of money, time and
resources, and we can only do so

317
00:22:26.640 --> 00:22:32.720
many things at once. Right,
So metrics and Champion are the two that

318
00:22:32.839 --> 00:22:37.000
I would be all over in terms
of trying to get access to the economic

319
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buyer and then moving the needle on
showing how you can help move the needle

320
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on revenue costs and risk is the
ultimate thing that the economic buyer, in

321
00:22:48.000 --> 00:22:51.200
my mind, truly cares about.
And your Champion is the direct path to

322
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that conversation. Yeah, that's a
great point, immediate part of the conversation.

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We could probably do a whole podcast
on that quite smit you could.

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But also a good point, and
I know we've said this before, Brian,

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this conversation is a good reminder that
medic is not linear, right,

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This is a spider web and they
all come together and the influence and this

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is to help us kind of build
that collective Yes to your point and our

328
00:23:15.680 --> 00:23:21.440
collective view of the deal. Right, Yeah, you nailed it. There's

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nothing for me to add to that. Tg Ye. One thing I wanted

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to bring up that came up in
that discussions right on a center that I

331
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mentioned at the top of the show, we talk a lot about you need

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to expand your deal through discovery,
and as you move through the deal you

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might learn more, it might change. So this also means you might think

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one person was an economic buyer,
but that person is no longer the economic

335
00:23:48.359 --> 00:23:51.799
buyer. Now we were into a
new economic buyer. Can you talk a

336
00:23:51.960 --> 00:23:55.920
little bit about how this might adjust, how you first identify that you have

337
00:23:55.960 --> 00:24:00.079
a new economic buyer, and how
you respond to that from an x a

338
00:24:00.160 --> 00:24:03.680
huge stampoint to keep the deal moving
forward. Yeah, this is a really

339
00:24:03.720 --> 00:24:08.920
interesting question, and obviously it starts
with the medic conversation, right, and

340
00:24:08.960 --> 00:24:14.039
the idea that not only is medic
a spiderweb and not linear, but medic

341
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is an evolving conversation. Right.
I was with somebody a couple of years

342
00:24:18.599 --> 00:24:22.279
ago who had been using medic for
a long time, and when we did

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it with his our organization and we
had this conversation, he stood up and

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00:24:26.960 --> 00:24:30.000
the boy everybody, I got to
apologize because I've been trying to use medic

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00:24:30.039 --> 00:24:33.319
with all of you a little informally
over the last year, and we've been

346
00:24:33.359 --> 00:24:37.680
having one medic review on a deal
and then we move on and we don't

347
00:24:37.759 --> 00:24:40.599
talked about it again, and he
in that moment realized no, no,

348
00:24:40.599 --> 00:24:45.680
no, no. This is an
ongoing conversation ran constantly going back to where

349
00:24:45.720 --> 00:24:48.279
is the deal now and how do
we move it forward? Using medic Where

350
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is the deal strong from a medic
perspective? Whereas the deal week? So

351
00:24:51.480 --> 00:24:55.680
I think that's kind of an aside
to get more specific to your question.

352
00:24:56.599 --> 00:24:59.799
You know, I think there's some
some telltale finds you got to think about.

353
00:25:00.440 --> 00:25:04.319
Right, If the person you thought
was your economic buyer starts acting questions

354
00:25:04.359 --> 00:25:11.319
that are new, that signals something, right. It tells you that someone

355
00:25:11.640 --> 00:25:15.160
was bringing their ear If the deal
itself starts to get bigger, right if

356
00:25:15.200 --> 00:25:21.079
you start to write And it happened
a few times in my career where we

357
00:25:21.160 --> 00:25:23.680
had kind of a sea change in
the industry and all of a sudden,

358
00:25:25.359 --> 00:25:32.359
our previous economic buyers we're coming together
and these deals were getting significantly bigger.

359
00:25:32.640 --> 00:25:34.160
You know, people were putting a
vacup buying glass on deal, so they're

360
00:25:34.160 --> 00:25:40.240
starting to get more exposure internally that's
appen and all of a sudden we were

361
00:25:40.279 --> 00:25:42.279
like, oh, this is this
is because this deal is now in the

362
00:25:42.400 --> 00:25:47.839
multi millions, not the hundreds of
thousands, and now look who's involved the

363
00:25:47.839 --> 00:25:52.480
CFO. So like if the deals
diet side starts to expand, or the

364
00:25:52.519 --> 00:25:56.960
importance of the conversation for the customer
in terms of revenue caused the risk starts

365
00:25:56.960 --> 00:26:02.440
to get bigger, you just have
to automatically know that other people are going

366
00:26:02.519 --> 00:26:06.519
to start looking at this thing.
Don't get caught in the well. Rachel's

367
00:26:06.559 --> 00:26:10.920
been my economic buyer for these last
two deals, and she's been heally engaged

368
00:26:10.960 --> 00:26:12.960
with the economic buyer in this deal. Don't get caught in the idea that

369
00:26:14.000 --> 00:26:18.519
well that means not going to change. You know, a fair dose of

370
00:26:18.799 --> 00:26:23.079
healthy skepticism. It's always a good
thing. And I just think it's important

371
00:26:23.079 --> 00:26:32.400
to make sure that we're constantly tapping
for who else cares about this conversation around

372
00:26:32.480 --> 00:26:36.240
revenue gen for your company and how
this project is going to have an impact

373
00:26:36.359 --> 00:26:41.519
on revenue generation or clost or risk
mitigation. And this goes back to the

374
00:26:41.559 --> 00:26:45.559
point of view around the decision process. Because Rachel as an X whatever your

375
00:26:45.599 --> 00:26:52.079
title is, we typically see that
in this conversation that when it starts to

376
00:26:52.119 --> 00:26:56.640
get larger, the person who sits
one step above you is going to start

377
00:26:56.640 --> 00:27:00.880
to have to get engaged for the
following reason. And I think that's the

378
00:27:00.960 --> 00:27:06.079
mistake most sellers make all the time
whenever they want to get access to somebody

379
00:27:06.079 --> 00:27:08.640
else, especially when it's someone above
the person time in front of, they

380
00:27:08.680 --> 00:27:12.720
want to cut through to know why
it's important for themselves. Hey, we

381
00:27:12.759 --> 00:27:18.640
need access to to your leadership because
I want to make sure I'm attaching the

382
00:27:18.720 --> 00:27:22.240
right people from my team to your
team. Most buyers don't care about that.

383
00:27:22.680 --> 00:27:26.039
They just see that as a way
of you trying to get over their

384
00:27:26.039 --> 00:27:30.599
head. What's in it for you? Why should Rachel take me to her

385
00:27:30.680 --> 00:27:36.680
CFO. That's a conversation that gives
you a better chance of getting traction,

386
00:27:36.960 --> 00:27:40.440
especially if you start to see the
seat changing and other people starting to get

387
00:27:40.480 --> 00:27:44.880
engaged. So let me stop there
and get your take. I have great,

388
00:27:45.039 --> 00:27:48.720
great points, Brian, I think
we need to talk about. You

389
00:27:48.799 --> 00:27:51.720
made the point like the deal is
getting bigger, right, So this is

390
00:27:51.720 --> 00:27:55.400
actually a good thing for you as
a seller. But there's these are complex

391
00:27:55.480 --> 00:27:57.160
challenges and of course you're going to
have questions about them, and you may

392
00:27:57.160 --> 00:28:02.279
be in a new opportunity where this
has it happened before, and well,

393
00:28:02.319 --> 00:28:03.880
and you know what, I got
to jump in because you just put something

394
00:28:03.880 --> 00:28:08.000
in my head. The purn economic
climate means that a deal of the same

395
00:28:08.039 --> 00:28:14.440
size a year ago might have a
new economic buyer today. Yes, right,

396
00:28:14.480 --> 00:28:15.599
So that's the other thing you got
to be thinking about. What is

397
00:28:15.640 --> 00:28:21.240
happening in the marketplace or for this
given company that says, oh, things

398
00:28:21.279 --> 00:28:23.440
have gotten a little tighter in the
marketplace, or maybe the company's having some

399
00:28:23.440 --> 00:28:30.000
struggle that I guarantee you that means
the exposure becomes a little bit more wider

400
00:28:30.119 --> 00:28:33.799
and more people are looking at it
and are going to have a point of

401
00:28:33.839 --> 00:28:36.960
view and want to get their take
on what's happening and why are we doing

402
00:28:36.960 --> 00:28:40.039
this? So that's another thing to
be thinking about. Your comment hit me

403
00:28:40.119 --> 00:28:42.119
with that, really are yes?
And you want to be prepared for right.

404
00:28:42.160 --> 00:28:45.759
This is why we prep This is
why we use medics so we are

405
00:28:45.799 --> 00:28:52.279
able to handle what comes at us
in a way that's beneficial for showing our

406
00:28:52.359 --> 00:28:57.079
value, showing our differentiation and moving
the deal forward. And as you're maneuvering

407
00:28:57.119 --> 00:29:03.000
these complex challenges, don't be afraid
to ask for help. We've talked about

408
00:29:03.000 --> 00:29:07.480
that so much. So how do
I make sure Brian that I am getting

409
00:29:07.519 --> 00:29:11.119
the help I need to move through
my deal to explain these complicated landscapes.

410
00:29:11.160 --> 00:29:14.319
And I'm trying to sell into my
manager. How can I work best with

411
00:29:14.359 --> 00:29:18.119
my manager to make sure I'm getting
all the help I can? Okay,

412
00:29:18.240 --> 00:29:19.920
So we had a saying where I
came from, never lose a loan,

413
00:29:22.039 --> 00:29:23.359
right, I mean, you've heard
me say this before. It's amazing how

414
00:29:23.400 --> 00:29:26.640
when we win a deal, whether
we realize it or not, other people

415
00:29:26.640 --> 00:29:30.400
are taking credit I helped. You
know, we wouldn't have gotten this deal

416
00:29:30.400 --> 00:29:33.359
if I had didn't, and blah
blah blah. But it's also amazing to

417
00:29:33.400 --> 00:29:37.319
me how when somebody loses the deal, especially a bigger deal, how many

418
00:29:37.359 --> 00:29:40.640
people act as if they've never even
heard about it. Winds have many fathers

419
00:29:40.640 --> 00:29:42.880
and mothers, and most deep Big
Block does die a very lonely orphan.

420
00:29:44.599 --> 00:29:48.559
And I would strongly suggest and this
keep our leadership as much at the individual

421
00:29:48.599 --> 00:29:52.279
of Feller who might be listening to
this. You've got to create a culture

422
00:29:52.359 --> 00:29:56.359
where the moment we find ourselves in
an opportunity that matters to the rep.

423
00:29:57.279 --> 00:30:00.960
So I don't care if that's a
fifty thousand dollars deal or a fifty million

424
00:30:00.960 --> 00:30:03.920
dollars deal. The moment we find
ourselves in a deal, it's important to

425
00:30:03.960 --> 00:30:10.359
the rep we are having these conversations
early and often to create action, right,

426
00:30:10.400 --> 00:30:14.160
I'm not I don't need salespeople come
into my office and report the news.

427
00:30:15.200 --> 00:30:18.039
Our job in that moment when we
sit down and talk about an opportunity,

428
00:30:18.039 --> 00:30:21.200
whether it's for thirty minutes or an
hour and a half or whatever based

429
00:30:21.200 --> 00:30:23.960
on complexity, etc. Is my
job is. And the rep of the

430
00:30:23.960 --> 00:30:27.079
team's job not just brought from the
manager but other people involved in that deal.

431
00:30:27.119 --> 00:30:30.799
Our job is to help the rep
make the news. What are we

432
00:30:30.839 --> 00:30:34.000
going to do over the next week
or two and how more more specifically,

433
00:30:34.200 --> 00:30:41.039
how are we going to go tactically
move to make the news and create the

434
00:30:41.079 --> 00:30:45.759
next things that are happening, not
wait for links to happen. So,

435
00:30:45.839 --> 00:30:48.880
in my mind, it's really,
for lack of a better term, it's

436
00:30:48.920 --> 00:30:55.720
that simple. It's creating a culture
where a it's okay for me to show

437
00:30:55.839 --> 00:31:00.920
up to talk about an opportunity and
not have all the answers because I know

438
00:31:00.000 --> 00:31:03.279
that everybody else in the room has
taken five minutes to look at what I've

439
00:31:03.319 --> 00:31:07.799
put into our CRM system. But
we all have a point of view,

440
00:31:07.839 --> 00:31:10.680
and I don't have I don't have
to spend twenty five minutes updating you on

441
00:31:10.680 --> 00:31:14.160
the deal. I can give you
a two or three minutes any contact that's

442
00:31:14.200 --> 00:31:17.720
not in the system, and we
can spend the bulk of our time be

443
00:31:18.359 --> 00:31:23.559
moving the deal forward and creating tactical
actions and really getting into the how are

444
00:31:23.559 --> 00:31:29.759
we going to go do that conversation
to give us the best chance to drive

445
00:31:29.839 --> 00:31:34.079
the opportunity forward and get to the
next conversations in a way that really does

446
00:31:34.160 --> 00:31:38.319
create those outcome. That's my take
on awesome. This has been such a

447
00:31:38.400 --> 00:31:41.279
meatia conversation Brian, and I want
to get your final thoughts, but I

448
00:31:41.319 --> 00:31:45.720
also wanted to come back to a
point that you made early on in our

449
00:31:45.720 --> 00:31:51.759
conversation. We talk about medic and
we map out positive business outcomes, required

450
00:31:51.839 --> 00:31:56.720
capabilities, and we try to provide
frameworks for people to execute against when they

451
00:31:56.720 --> 00:32:02.200
find themselves in these deal by deal
situations. But they are a guy,

452
00:32:02.839 --> 00:32:07.359
right, and they morph and things
change, and you're going to be faced

453
00:32:07.359 --> 00:32:12.000
with things that you didn't read about
in the metic certification class. You need

454
00:32:12.079 --> 00:32:15.519
to do this right. So I
just wanted to bring that point up that

455
00:32:15.599 --> 00:32:21.480
these are like guiding principles that help
you execute in a more informed way.

456
00:32:21.519 --> 00:32:22.640
And I didn't give your thoughts on
that, and I'd love to get your

457
00:32:22.680 --> 00:32:25.920
final thoughts on the conversation. Yeah, first of all, I couldn't have

458
00:32:25.920 --> 00:32:30.559
said it any better. I will
just give an example that, in my

459
00:32:30.680 --> 00:32:35.799
experience, it was the best deals
that I was ever a part of were

460
00:32:35.839 --> 00:32:40.599
the ones where we were having these
conversations often and we were thinking three and

461
00:32:40.720 --> 00:32:46.480
four steps ahead. We were playing
three bead chefs while the competition with plan

462
00:32:46.559 --> 00:32:52.519
shackers, and that makes us made
a very dangerous in those moments because we

463
00:32:52.519 --> 00:32:57.839
were worrying about going to a meeting
to get the order. We were really

464
00:32:58.119 --> 00:33:05.359
specifically focused on what are we trying
to help this customer achieve and what's truly

465
00:33:05.559 --> 00:33:10.200
required to help them get there for
all of the different people whose voices matter,

466
00:33:10.680 --> 00:33:15.039
not just one person like a technical
buyer or an economic buyer, not

467
00:33:15.160 --> 00:33:21.119
just one person, but the collective
whole. And I'll just keep coming back

468
00:33:21.119 --> 00:33:24.319
to that because I think we all
get wrapped around the actual and I get

469
00:33:24.359 --> 00:33:28.920
it. I'm carrying a number I
got to make my number. I get

470
00:33:28.960 --> 00:33:31.559
it, but if you're so focused
on making the number, you're going to

471
00:33:31.599 --> 00:33:35.400
miss the things that actually give you
the best chance to get to making the

472
00:33:35.480 --> 00:33:38.480
number. Making the number is an
outcome of doing all of the right things

473
00:33:38.519 --> 00:33:43.559
and doing them well. That would
be my kind of bow on this whole

474
00:33:43.599 --> 00:33:46.559
thing. Do the right things and
do them well, and then you'll find

475
00:33:46.599 --> 00:33:51.960
yourself working on the right deals,
and those deals will happen with a lot

476
00:33:52.000 --> 00:33:57.000
more effectiveness and efficiency than you might
ever imagine. Awesome, Brian, We've

477
00:33:57.039 --> 00:34:00.559
got into it today. This is
a meaty conversation. Thanks fine help joined

478
00:34:00.640 --> 00:34:04.720
it. You know, after reproduce
part of the production process, I pull

479
00:34:04.720 --> 00:34:07.840
out quotes and do teasers and do
stuff for social media, and this one

480
00:34:07.880 --> 00:34:13.119
has a lot for me to choose
from. So good job on the soundbites,

481
00:34:13.559 --> 00:34:16.960
high pleasure A quick plug. As
I said at the top of our

482
00:34:16.960 --> 00:34:23.440
conversation today, this was part of
a discussion thread in our Ascender community center

483
00:34:23.480 --> 00:34:29.559
dot co. We have our force
management facilitators in their answering questions from reps

484
00:34:29.599 --> 00:34:35.079
just like you about sales, execution, challenges, medic negotiation, whatever challenges

485
00:34:35.119 --> 00:34:38.079
you're having. They are taking your
questions throughout the day, so go ahead

486
00:34:38.159 --> 00:34:42.599
check it out my data center dot
co. We have plans starting at just

487
00:34:42.760 --> 00:34:45.360
ten dollars a month, paid annually. We'd love to see you on there.

488
00:34:45.679 --> 00:34:52.320
Thank you for listening to the Audible
Ready Sales podcast. At Force Management,

489
00:34:52.320 --> 00:34:57.920
we're focused on transforming sales organizations into
elite teams. Are proven methodologies,

490
00:34:58.000 --> 00:35:02.599
deliver programs that build company a alignment
and fuel repeatable revenue growth. Give your

491
00:35:02.639 --> 00:35:07.880
teams the ability to execute the growth
strategy at the point of sale. Our

492
00:35:07.039 --> 00:35:12.840
strength is our experience. The proof
is in our results. Let's get started.

493
00:35:13.159 --> 00:35:16.800
Visit us at forcemanagement dot com.
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494
00:35:16.840 --> 00:35:21.840
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495
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