Thursday, August 16, 2012

Fear: Your biggest competitor

In some situations, it may seem difficult to "ask for the sale."  An impatient buyer may shut down every rebuttal to an overcome objection.  Non- motivated buyers may stonewall an opportunity to close.  While some buyers can cause agents to be discouraged, the truth is that they are creating nothing more than a fear for you to ask them to sign the contract.  Just because a showing or a meeting is going well according to your point of view, it doesn't necessarily mean that the other party feels the same.

Overall, an agent's perception of how the client feels can dictate their ability to close the sale.  If this is the case, there are some simple solutions to help sales associates get past those discouraging moments.  For those of you who occasionally struggle with overcoming your fears, here are some mental tricks to help overcome your biggest competitor; you.


Geoffrey James writes the "Sales Source" column on Inc.com, the world's most-visited sales-oriented blog.  Below is his column from July 30th, 2012.

4 Mental Tricks to Conquer Fear

You can't be successful if you're ruled by fear. Here's how I reprogrammed my brain to be more courageous.


Fear is the enemy of success. Large rewards only result from taking comparably large risks. If you're ruled by fear, you'll never take enough risks and never achieve success you deserve.
If I've learned anything in this life, it's that the actions that scared me the most at the time--leaving a cushy corporate job to freelance, asking my beautiful wife for a first date, and adopting our two kids--have also paid off the most.
That doesn't mean these moves aren't hard at the time, but I've managed to retrain my brain to get past the momentary fear and push toward the payoff. Here are four ideas that I've made an integral part of my thinking:
1. Value Courage Over Security
Repeated surveys have shown that most people value "security" over just about everything else in their lives. People will put up with jobs that they hate, marriages that make them miserable, and habits that are killing them (think "comfort food") simply to feel more secure.

To conquer fear, you must consciously dethrone "security" as the thing that you value most in your life and replace it with the active virtue of "courage." You must decide, once and for all, that it's more important for you to have the courage to do what you must to succeed, rather than to cling to the things that make you feel safe.

2. Differentiate Between Fear & Prudence
Most fears are irrational and unreasonable. For example, you might be afraid to make an important call because if the call doesn't go well, you'll have to face the fact that you "failed."  Or you might be afraid to confront a co-worker who acts like a bully, or to start your own business because you're not certain you've got what it takes.
It's these irrational fears that hold you back and keep you from being more successful.
That said, there are other kinds of fear that are actually just simple prudence. For example, you might be afraid to drive aggressively because you might cause an accident. Or you might be afraid to be arrested if you sell a product that kills people.
Prudence is a good thing. Just make sure you aren't pretending to be prudent--when you're just trying to avoid taking reasonable business risks, for instance, or putting yourself on the line to do what's necessary.
3. Treat Fear as a Call to Action

If what you fear is outside of your control (like an economic downturn), write down a specific plan of the exact steps that you'll take in order to adapt, if and when it happens. Once you've completed that task, put the plan aside and have the courage to forget about it. You've done what you can; it's time to move on.
But if what you fear is inside your control--some action that you're afraid to take, that is--take a few moments to prepare yourself, then do the thing that's scaring you.
I mean now. Not tomorrow; not next week. Right now,before you read the rest of this post. Call that person. Write that email. Create a business plan. Do it now!
4. Reframe Fear Into Excitement
Finally, tune in to the aspect of fear that's really fun. Think about the last time you rode a roller coaster: You probably felt plenty of fear, but you were also having a great time.
Let's face it, a life without fear--and without the courage to overcome fear--would be pretty bland and insipid.
A personal note: I want to add that there was a time in my life when "security" was so important to me that I was willing to tolerate being truly miserable. I won't bore you with the details, but let's just say that it was only when I changed my thinking (using the formula above) that my life came together.
Today, I'm actually really excited whenever I discover something that I'm afraid to do, because I know that something wonderful is going to happen--provided I summon the courage to take action!