May 2024

Thriving Through a Well Defined Customer Base: The Story of Apple

The story of apple provides us a masterclass on the importance of targeting your startup towards a specific well-defined group. In 1976, Steve Jobs, Steve Wozniak, and Ronald Wayne founded Apple Computer in a small garage in Cupertino, California. Their first product, the Apple I, was a groundbreaking personal computer, but it was largely unknown […]

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Can Your Business Succeed in The Long Run?

The path to entrepreneurial success is fraught with challenges, regardless of the industry. One of the most crucial factors for any new business venture to succeed in the long run is the ability to develop a truly competitive edge. Whether you’re aspiring to open a restaurant, a tech startup, or a retail shop, understanding the

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Do You Have What it Takes to Start a Business?

Starting a business is an exciting venture, but before diving in, it’s essential to ask yourself some hard questions. The most crucial question is, “Do I have what it takes to actually run a business?” Many aspiring entrepreneurs avoid this question because they fear the true answer. However, facing this question head-on is the first

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How to Handle Objections: How to Approach Objections

In the realm of sales, objections are often perceived as obstacles to overcome in order to complete a transaction. Many consider objections to be a backward steps in the sales interaction. However, this perspective overlooks a crucial aspect: objections are, in reality, a quest for more information from the customer’s perspective. By reframing our understanding

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How to Handle Objections: “Feel, Felt, Found” Technique

One powerful technique that can help you navigate objections with finesse is the “Feel, Felt, Found” approach. This method combines empathy, relatability, and a solution-oriented mindset, making it an effective tool for building trust and guiding customers towards the right decision. Understanding the “Feel, Felt, Found” Technique The “Feel, Felt, Found” technique is a three-step

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Sales Strategy: Foot in the Door Hack

In the fast-paced world of sales and marketing, success isn’t just about making a quick sale; it’s about building lasting relationships. Imagine turning a simple request into a powerful sales strategy. This is where the foot-in-the-door technique comes into play. The Foot-in-the-Door Technique The foot-in-the-door technique is a psychological principle suggesting that people are more

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Sales Strategy: Utilize The Power of Words During Sales

In the world of sales, the words you choose can make or break a deal. The way you communicate with potential customers can significantly impact their perception of your product or service, and ultimately, their decision to buy. According to a PEW Research survey, the mere change of a word from “welfare” to “assistance to

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Sales Strategy: Uncover Customer Pain Points

In the realm of sales, understanding your customer’s pain points is the key to unlocking successful persuasion. This comprehensive guide will walk you through the step-by-step process of uncovering pain, a crucial skill for any sales professional aiming to position themselves as the solution to their customer’s problems.   Understanding Pain Types Before diving into

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Sales Strategy: Avoid Selling Your Product. Sell What it Will Do For Them

In the world of sales and marketing, a fundamental truth often overlooked is that people don’t buy products or services; they buy the benefits and experiences those offerings provide. This concept is crucial for businesses and salespeople to understand, as it shifts the focus from merely promoting features to highlighting the value and solutions that

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A Common Sales Mistake New Entrepreneurs Make, That You Must Avoid!

Closing sales is the lifeblood of any business, yet many newcomers often struggle to understand the nuances of effective communication with prospects. Contrary to the stereotype, successful sales conversations are not about dominating the discussion or showcasing one’s expertise. Instead, the key lies in the art of active listening, a skill that can make or

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