WEBVTT

1
00:00:00.000 --> 00:00:03.760
Welcome to the gym secrets podcast where you talk about how to get more customers how to make more

2
00:00:03.760 --> 00:00:08.560
Per customer and how to keep them longer and the many failures and lessons that we have learned along the way

3
00:00:08.560 --> 00:00:10.560
I hope you enjoy and subscribe

4
00:00:11.120 --> 00:00:19.200
Next up we have Alex Hermozzi the other half of the dynamic duo at gym watch they went from zero to 50 million in 20 months

5
00:00:19.200 --> 00:00:21.600
And he's gonna share his thoughts

6
00:00:24.160 --> 00:00:27.600
In 10 minutes and Alex three two one

7
00:00:28.560 --> 00:00:30.080
All right

8
00:00:30.080 --> 00:00:32.080
Who's pumped about sales

9
00:00:32.800 --> 00:00:35.920
Sort of pumped about okay, so quick question so I can cater this to you guys

10
00:00:36.400 --> 00:00:40.080
As I try and tell my team sometimes I'm gonna talk fast you can just listen fast so

11
00:00:40.960 --> 00:00:44.320
Who here has one person or less that would mean if you were selling

12
00:00:45.040 --> 00:00:47.760
Doing the majority of the sales in your company gonna get hand raised

13
00:00:48.720 --> 00:00:54.480
Okay, so like half okay, that's perfect in the other half of you have a sales team multiple two or more right okay

14
00:00:55.200 --> 00:01:00.320
So the name of my lovely talk is going to be the closer framework all right

15
00:01:01.040 --> 00:01:04.320
And so what I'm gonna do is break this up

16
00:01:05.200 --> 00:01:09.520
It's a two halves the first half is how you actually manage the conversation that should say work

17
00:01:10.240 --> 00:01:12.240
You get the idea close or framework

18
00:01:12.960 --> 00:01:17.440
And then the second half is how you manage the sales team so you can get wicked consistent sales on a monthly basis

19
00:01:18.880 --> 00:01:21.680
So first things first who here is ever struggled with

20
00:01:22.640 --> 00:01:28.960
Inconsistent lead quality inconsistent cack right you're like I thought I was at a thousand and now I'm at three thousand

21
00:01:29.360 --> 00:01:31.680
My leads are shit actually my leads are amazing

22
00:01:32.480 --> 00:01:36.240
My sales team is underwork now they're overworked. They said there's too many there's too few

23
00:01:36.240 --> 00:01:38.240
They're not being efficient at centers anyone dealt with any of that stuff

24
00:01:38.960 --> 00:01:45.280
Okay, cool, so I've run a lot of sales teams b2b. We did outswear sales company. We would fly two gyms

25
00:01:45.680 --> 00:01:50.320
Actually sell for them so we'd fill them up in 30 days with us actually flying people out and selling

26
00:01:50.880 --> 00:01:54.400
So we've done a lot of sales and this is the simplest framework that you can use

27
00:01:55.040 --> 00:02:00.400
And so this is the first of the five C's so I try to use markets is five C's so when you go home you've got ten C's okay

28
00:02:00.800 --> 00:02:01.840
so

29
00:02:01.840 --> 00:02:03.680
The first one it governs the conversation

30
00:02:03.680 --> 00:02:06.160
So that's kind of for everyone who was raised this kind of more of you over here

31
00:02:06.160 --> 00:02:08.160
We're raising your hands about like about one person or it's me

32
00:02:08.560 --> 00:02:12.960
This is the governing framework for how you make the conversation see is you clarify

33
00:02:16.240 --> 00:02:19.840
Why the person is there all right now when you use this framework

34
00:02:20.160 --> 00:02:25.840
Everything that's in your framework has to be a question only do not put paragraphs do not put statements because they will start reading them

35
00:02:25.840 --> 00:02:29.280
They can't think that way only put questions because they can pause

36
00:02:30.000 --> 00:02:34.640
They can ask another question they can pause they can ask another question and they need no intelligence to do that

37
00:02:35.680 --> 00:02:42.400
Which means it's scalable okay? So when you're asking so all of these buckets are the buckets under which you want to create the

38
00:02:42.400 --> 00:02:45.520
Framework that you're making your sale so it's like what made you get on the call

39
00:02:46.320 --> 00:02:51.040
What's your goal? Why is that important to you? What would it look like 12 months from now if this ideal outcome?

40
00:02:51.040 --> 00:02:56.400
Where do we be achieved right those are the clarification questions next you label them with a problem

41
00:02:57.520 --> 00:03:04.160
So what I'm hearing is you've done x, y, and z and the missing link has been x whatever is that right?

42
00:03:04.800 --> 00:03:09.760
Yes, got it. I now have a problem. You now have cancer. I can cure it all right next is oh

43
00:03:10.240 --> 00:03:15.200
We're gonna overview the pain. Okay, so I'm assuming not not the first person you've come to to try and solve this problem

44
00:03:15.520 --> 00:03:19.600
So what have you done in the past all right? I've done x, y, and z why did that not work for you?

45
00:03:19.600 --> 00:03:21.680
Obviously didn't work because they're on the phone with you all right

46
00:03:21.680 --> 00:03:25.280
So you always have that advantage because they are on the phone with you right now. So you're overseeing past pain

47
00:03:26.240 --> 00:03:30.880
We call the pain cycle you do that until they have nothing left and you're like awesome and then you recap the pain

48
00:03:31.840 --> 00:03:33.840
Then s you saw the vacation

49
00:03:35.120 --> 00:03:37.120
This is the only thing that your

50
00:03:38.000 --> 00:03:41.760
Sales people have to actually know there's gonna be three stories that you're gonna tell them

51
00:03:41.840 --> 00:03:44.720
They're gonna be illustrative of the thing that you were helping them solve

52
00:03:45.120 --> 00:03:49.440
So an example would be fitness nutrition and a fitness nutrition and accountability if I was trying to solve weight loss

53
00:03:49.520 --> 00:03:53.680
Right you're usually missing one or two or all three of these things. That's why you weren't successful right

54
00:03:54.080 --> 00:03:58.640
You couldn't consistently work out you couldn't consistently eat the right way or no one was there to hold you accountable

55
00:03:58.800 --> 00:04:05.520
So make sense yes if you're selling leads it would be like you need your leads to be exclusive you need them to be timely you need them to be

56
00:04:07.040 --> 00:04:10.320
Geographic whatever like you're gonna find three things and then you have to give a short

57
00:04:10.640 --> 00:04:14.320
30-second snippet. Oh why that's important right if I was trying to illustrate accountability

58
00:04:14.320 --> 00:04:17.200
I'd be like hey did your parents ever tell you to brush your teeth me grow up

59
00:04:17.200 --> 00:04:21.680
You probably hated it. You're like no I don't want to and they kept doing it over time and I'll bet you brush your teeth now

60
00:04:21.840 --> 00:04:26.560
Right you need someone to hold you accountable so you can create the habit so make sense 30-second story they understand it

61
00:04:26.720 --> 00:04:29.200
That's a cellification all right

62
00:04:29.200 --> 00:04:31.200
E explain away their concerns

63
00:04:32.320 --> 00:04:37.920
Away concerns blah blah blah you get the point all right that's where you're doing all of your options overcomes all right

64
00:04:38.080 --> 00:04:41.840
Crazy people buy without obstacles. No more people have concerns. You need to overcome them

65
00:04:42.080 --> 00:04:44.800
These have to be drilled all right. They have to be drilled

66
00:04:45.040 --> 00:04:48.880
So that means that you have flashcards like I need to think about it. I have to talk to my husband

67
00:04:49.200 --> 00:04:53.680
I have to check with my partner. I have to so there's only three by the way if you don't know what they are

68
00:04:54.000 --> 00:04:56.960
It's price it's stall is decision-maker all right

69
00:04:57.120 --> 00:05:00.960
So all you have to do is understand what each of those three are if it's price it's a description

70
00:05:01.200 --> 00:05:03.760
Description value they don't understand the value if it's

71
00:05:04.640 --> 00:05:09.920
Decision-maker what you have to do is rely on past agreements that are implied that that person is already

72
00:05:10.160 --> 00:05:13.840
Communicated to the partner so your partner knows that you're struggling with these things already right?

73
00:05:14.240 --> 00:05:15.920
They know that you're looking for a solution, right?

74
00:05:16.080 --> 00:05:19.680
So why do you think they'd be opposed with you solving the problem that you already know you have that they don't agree with

75
00:05:21.920 --> 00:05:27.120
You guys love that you're listening to the podcast if you ever want to have the video version of this

76
00:05:27.120 --> 00:05:30.720
Which usually has more facts more visuals more graphs, you know drawn out stuff

77
00:05:31.120 --> 00:05:35.280
Sometimes it can help hit the brain centers in different ways you can check my YouTube channel

78
00:05:35.280 --> 00:05:39.680
It's absolutely free to check that out if that's what you are into and if not keep enjoying the show

79
00:05:42.640 --> 00:05:46.640
Right overcoming okay, this has to be drilled next one

80
00:05:47.600 --> 00:05:51.280
Is uh so we decision-maker we did price and stall right?

81
00:05:51.920 --> 00:05:56.720
All you're doing is teaching someone to make a decision because people don't like making them because they fear making mistake

82
00:05:57.280 --> 00:05:58.960
Right perfect halfway through

83
00:05:59.600 --> 00:06:04.400
Okay, so what you're gonna do is walk them through decision-maker process. So how do we make decisions?

84
00:06:05.360 --> 00:06:07.680
Either do you do you like me yes or no?

85
00:06:08.320 --> 00:06:12.080
Do you like the product yes or no? Do you think that we'll be able to help you achieve this outcome?

86
00:06:12.320 --> 00:06:17.280
Yes or no do you have access to this amount of money in your bank account or no someone who does yes or no? Yes

87
00:06:19.120 --> 00:06:24.560
What card do you want to use right overcome you make them confront the decision right what's your main concern

88
00:06:25.120 --> 00:06:30.160
Then they tell you main concern you overcome it close all right last one is reinforce the decision

89
00:06:31.520 --> 00:06:33.600
And I like doing this and we included it

90
00:06:34.400 --> 00:06:39.280
After time is that people back out right? So how can we slam slam it on?

91
00:06:39.280 --> 00:06:41.920
I'm how can we get them super pumped so immediately afterwards?

92
00:06:42.160 --> 00:06:47.760
That's the 32nd video from the founder being like hey just saw you sign up for a software super excited to have you by name personalized

93
00:06:48.080 --> 00:06:53.360
Headwritten card t-shirt any of those things reinforce the decision make their feet nice and hot make sense

94
00:06:53.680 --> 00:06:58.720
That's the closer framework every single one of these buckets has to be questions that are simple for them to ask

95
00:06:59.600 --> 00:07:04.000
All right, so when you're organizing your script this is the conversation we're going through so that makes sense to everybody

96
00:07:04.480 --> 00:07:09.760
Okay, that is the first of the five C's don't worry the other ones are are fast and it's about how you manage your sales team

97
00:07:10.240 --> 00:07:11.440
Okay

98
00:07:11.440 --> 00:07:13.440
Don't worry. I'll be fast. So that's closer

99
00:07:15.440 --> 00:07:17.440
The next one is

100
00:07:17.840 --> 00:07:19.840
Don't worry I'm rocking we're good

101
00:07:20.320 --> 00:07:21.520
Okay

102
00:07:21.600 --> 00:07:24.800
The next one whoo. I should know these. That's okay

103
00:07:25.600 --> 00:07:30.480
Okay call recordings and then I'm gonna I'm just gonna write these down real quick for you so you can write them down

104
00:07:31.200 --> 00:07:33.200
comms

105
00:07:33.200 --> 00:07:35.200
cut

106
00:07:35.200 --> 00:07:36.240
competition

107
00:07:36.240 --> 00:07:38.240
Okay

108
00:07:39.280 --> 00:07:44.240
So Marcus is much smarter than me. I think he's like the really classy classy person

109
00:07:44.800 --> 00:07:46.960
This is like from the streets closing 4,000 people

110
00:07:47.440 --> 00:07:49.520
One-on-one sales like weight loss Susie's

111
00:07:49.840 --> 00:07:53.440
Riding with you know her kids trying to write permanent marker on the wall and I'm trying to close her credit card

112
00:07:53.520 --> 00:07:56.400
All right, so close your sequence is how you manage the framework

113
00:07:57.040 --> 00:08:00.880
Call recordings if you're not recording every single fucking call that you're your people are on one

114
00:08:00.880 --> 00:08:05.120
You're not compliant to you should do it because then they become more accountable to following the script

115
00:08:05.520 --> 00:08:10.400
All right, you also overview those the tool that you need to use is gong if you use if you guys sell via zoom

116
00:08:10.560 --> 00:08:14.320
It's the fucking best. It's all I can say use gong. It's amazing. All right comms

117
00:08:15.040 --> 00:08:20.320
You need to talk to your team on a regular basis. All right the cadence there is daily huddles

118
00:08:21.360 --> 00:08:23.360
weekly one-on-ones

119
00:08:24.160 --> 00:08:29.920
And when you do the and then obviously monthly but the um the daily huddles are quick

120
00:08:30.160 --> 00:08:34.960
All you do is you share testimonials so they remember why they're selling so they get beat up every single day with nose

121
00:08:34.960 --> 00:08:39.680
They need to remember why they're still doing it all right from the one-on-ones that you're doing when you're meeting with them

122
00:08:40.080 --> 00:08:44.240
You're gonna record you're gonna have them tag you in three calls their best call their worst call in their average call

123
00:08:44.640 --> 00:08:50.400
When you go over in the one-on-ones you're going to ask them to show you where they clarified the problem

124
00:08:51.040 --> 00:08:53.040
Where they outlined the pain

125
00:08:53.040 --> 00:08:56.640
And then where they asked for the sale and where they overcame objections

126
00:08:57.440 --> 00:09:01.040
If they never clarify the pain and they never asked for the sale you don't make money

127
00:09:01.360 --> 00:09:07.040
So that way they always know that on every fucking call you always ask for the sale you can never make a sale if you never asked for it

128
00:09:07.200 --> 00:09:08.400
All right

129
00:09:08.400 --> 00:09:10.640
That's what you're from the communication cadence cut

130
00:09:11.200 --> 00:09:12.880
You got to cut the bottom all right

131
00:09:12.880 --> 00:09:17.680
It's the number one thing that will drive sales teams is by cutting the bottom 10% you do it on a regular basis

132
00:09:18.000 --> 00:09:20.480
It has to be on a regular basis all right

133
00:09:20.560 --> 00:09:25.360
Even if the team is going okay when you cut the bottom you'll see a 30% jump in productivity

134
00:09:25.920 --> 00:09:29.840
Every time so if you can have a persistent 30% jump why would you not do that?

135
00:09:30.400 --> 00:09:32.080
Does that make sense? Okay

136
00:09:32.960 --> 00:09:36.000
Competition last point. Whoo good. I got a minute 20

137
00:09:37.200 --> 00:09:38.400
Okay

138
00:09:38.400 --> 00:09:40.160
So competition

139
00:09:40.160 --> 00:09:42.560
Sales people are competitive you have to have a leaderboard that is

140
00:09:43.040 --> 00:09:47.360
Published that they can see every single day that they get notified when every other guy is making a sale

141
00:09:47.520 --> 00:09:49.200
If it's super high volume it could be end of day

142
00:09:49.200 --> 00:09:51.840
But when they you've got a bell if you're in person if you're not in person

143
00:09:51.840 --> 00:09:55.920
You can have a thread that should be all the sales guys dingin they can literally send an image or a gif of a bell

144
00:09:56.160 --> 00:09:59.520
So it's like ring the bell right so that they know and it's this volume

145
00:09:59.520 --> 00:10:02.560
They can see it. There's activity. There's action right. It's all of momentum

146
00:10:03.040 --> 00:10:07.360
So leaderboard that has to be checked every day has to be updated regularly

147
00:10:07.440 --> 00:10:12.160
Like that has to be on point and then competitions. We found that six weeks works best

148
00:10:13.200 --> 00:10:14.640
in terms of

149
00:10:14.640 --> 00:10:19.440
sending them on like closures go to Vegas or go to the Bahamas or whatever it is

150
00:10:19.680 --> 00:10:24.800
And so we put them in three-man teams and that tends to work really well because that they they share best practices

151
00:10:24.800 --> 00:10:27.440
They continue to work with each other they root for each other so it's not as cutthroat

152
00:10:27.920 --> 00:10:29.920
It's just always having top dog

153
00:10:30.480 --> 00:10:32.480
and in terms of how much to spend on that

154
00:10:33.120 --> 00:10:35.120
25% of one month check

155
00:10:36.080 --> 00:10:39.440
Is usually the amount per person that a prize like that would be right?

156
00:10:39.440 --> 00:10:45.440
So if you guys make 70 you might spend 1500 bucks to send per guy for like a three day or like a two-day weekend

157
00:10:45.600 --> 00:10:48.800
It's not expensive five grand, but it is worth every dollar

158
00:10:48.800 --> 00:10:52.560
So to recap if you want really really consistent sales

159
00:10:53.440 --> 00:10:57.760
Use a closer framework everything has to be questions do not have statements have 30-second stories

160
00:10:58.080 --> 00:11:03.360
Record your calls make sure you're sticking to the com cadence cut the bottom percentage and keep it competitive so they stay in it

161
00:11:03.760 --> 00:11:04.960
Thank you

162
00:11:05.120 --> 00:11:07.760
You
