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Are Your Salespeople Failing Enough?

Posted by Tony Cole on Thu, Oct 30, 2025

Helping Your Team Overcome Their Fear of Failure in Sales

Do you agree that "one that never fails is not trying hard enough"? I have found, over the last 30 years in sales coaching and in my career as a collegiate coach, that not failing has more to do with not taking risks. As I thought about this question, I started to think specifically about the salespeople that I have known who are highly successful and how failure, and overcoming the fear of failure in sales, contributed to their success.

Here are three examples of highly successful people and a brief summary of their “story of failure” through risk-taking. (The names have been changed to protect privacy.)

Doug: Facing the Fear of Failure in Sales with Persistence

Doug had been working on an insurance account in Eastern Pennsylvania. He had a strong relationship with an inside contact and, in a very short period of time, leveraged that relationship to develop strong connections with the decision-makers who provided commercial insurance for their firm.

Doug was attempting to take the account over from one of the “BIG 3” national insurance brokers and definitely faced a fear of failure in sales. While many of his peers scoffed at his effort, he had great support from his sales manager and agency president. I worked with him as he attempted to position himself and the agency to take over the business.

He didn’t get the business. It took a lot of his time, the time of his team, and the underwriters who tried to underwrite the case. When he got the news, he was disappointed but stayed clinically detached. He didn’t get emotional, upset, or walk around feeling sorry for himself. Instead, when he got the call, he said something like, “Throw me a bone. Give me a chance to work on some aspect of your insurance needs. Give me a chance to prove we can work with you and handle your account.

He told them he had worked hard on this account, had proven his dedication, and wanted something to show for the effort. The account gave him an opportunity to write a small portion of another aspect of their insurance needs. A year later, he wrote the entire account for more than $500,000 in revenue.

Risks taken by Doug:

  1. Called on a large account

  2. Competed against a much larger player in the market

  3. Was not afraid to leverage a relationship

  4. Made sure he was in front of decision-makers

  5. Asked for business even when denied the initial opportunity

John: Turning Rejection into Opportunity

John had been working with an account on the West Coast. He had an engagement for a year, and at the end of that year, the client told him that his services were no longer needed. The company felt that the work he and his company had done over the last year had little impact on their sales and sales management results. The needle hadn’t moved on sales, and there was no compelling reason to continue the relationship.

As the president put it, “I just don’t see how continuing this relationship is going to help us. Our business is completely different. We’ve talked to our people, and the majority doesn’t believe you really understand our business.

This was a first for John and his company, but he fought his fear of failure in sales and engaged with the president of his company to work on a strategy to maintain a relationship. He continued to stay in touch with an inside champion and would visit the former client whenever he was on the West Coast doing other work.

Changes began to take place for the company. There were leadership changes—though not at the very top where the previous decision had been made. There were new acquisitions and a feeling that they couldn’t handle it all (new hires, new offices, new leaders) without some help.

John was in the habit of consistently reaching out to his internal champion, and when he heard about the problem, he suggested coming out to talk about it. Maybe there was something they were missing. Maybe there was something he could do that was a bit different from the previous engagement.

Less than 12 months after John had been “fired” from the account because neither he nor his company “understood” the business, he was hired again by the company—and the account generated over $150,000 a year.

Risks taken by John:

  1. Invested time and his own money to visit and stay in touch, even though the chance of re-engagement was remote

  2. Took the risk that his new approach to one-on-one coaching could be met with the same rejection

  3. Accepted the possibility that, if things didn’t work out, his reputation in the marketplace could be tarnished

  4. Relied on his inside champion, which was also a risk that person took with their executives

Steve: Building Success Through Consistent Action

Steve was a senior executive and partner in a financial services firm in one of the country’s top 30 metropolitan areas. The story about Steve is short but powerful. As it was told to me, Steve made 20 phone calls a day to prospects, dealt with daily rejection, and faced his fear of failure in sales head-on.

Not just once in a while. Not just when he thought about it. Not just on Wednesdays. Every day that Steve worked—in or out of the office—he made his 20 calls. If the business of running the company kept him busy all day, he would still not go home, leave the office, or quit for the day until those calls were made.

Risks NOT taken by Steve:

  1. Failing to reach the goals he set for his company and family

  2. Being a poor example to his team

  3. Neglecting the responsibility of helping the company meet its revenue goals

Steve was willing to overcome rejection 20 times a day. Assuming he worked 240 days a year, that’s 4,800 opportunities for failure to reach someone. Of those 4,800, he probably spoke to at least 480. In the services business Steve was in, he probably wrote about 10 clients a year—that means facing a lot of people telling you, “no.”

Steve remains today one of the most respected professionals in his market and his industry.

Are You Helping Your Salespeople Overcome Their Fear of Failure in Sales?

Are you encouraging your salespeople to take the risks that may include failure? Are you doing the same in your sales coaching role?

“It’s fine to celebrate success, but it is more important to heed the lessons of failure.”
— Bill Gates

 

 

Topics: fear of failure in sales

Finding & Growing Your Future Leaders

Posted by Anthony Cole Training Group on Fri, Oct 24, 2025
 
Every organization faces the same question: who will lead next? Building a strong bench of future leaders doesn’t happen by chance; it’s the result of continual recruitment, intentional strategy, consistent coaching, and understanding key performance data.

In our recent webinar, Finding & Growing Your Future Leaders, Jack Kasel and Alex Cole-Murphy explored how top-performing financial institutions identify, develop, and retain leadership talent. They discussed the four key components of a strong succession plan and shared insights on how leaders can use data and coaching to prepare their next generation of high performers.


 

Why Leadership Assessments Matter

Jack and Alex emphasized that finding the right people for leadership roles starts with a structured assessment process. Resumes and interviews only tell part of the story. Effective organizations use sales-specific tools, such as Objective Management Group (OMG) assessments, to evaluate candidates on 21 Core Sales Competencies. These tools help uncover the traits and belief systems that drive real performance.

Beyond assessment, leaders must also understand their own biases and blind spots. Recognizing how personal beliefs shape coaching and hiring decisions allows organizations to make better, more objective leadership choices.

Coaching Over Commanding

Great leaders coach; they don't command. Moving from a sales role to a leadership role requires a different skill set. Handling rejection, motivating others, and developing emotional intelligence are crucial for success. As Alex shared, “Positional authority may get short-term results, but personal power inspires long-term growth.”

Leaders who engage in regular coaching conversations, roleplay exercises, and feedback sessions create more resilient teams. Jack added that challenging team members with high standards helps them grow, but it’s the coaching process that keeps them engaged and improving.

Building a Strong Succession Plan

Succession planning should be proactive, not reactive. The best organizations develop leaders before they need them. Jack and Alex discussed how using consistent data, clear accountability, and repeatable hiring processes ensures that leadership transitions happen smoothly. They encouraged companies to think beyond immediate needs and start developing internal talent now because the future of your business depends on it.

Watch the entire webinar above! 

 

FAQs

1. How do I identify future leaders within my team?
Look for team members who take initiative, handle challenges well, and influence others positively — not just your top performers.

2. What’s the best way to develop emerging leaders?
Provide stretch assignments, coaching, and feedback that build both confidence and decision-making skills over time.

3. How can I create a culture that grows leaders at every level?
Model strong leadership behaviors, encourage ownership, and make development a regular part of performance conversations.

 

Contact the Speakers:

Alex Cole-Murphy: alex@anthonycoletraining.com

Jack Kasel: jack@anthonycoletraining.com 

Sales Prospecting Tips for the Coach

Posted by Tony Cole on Fri, Oct 17, 2025
 
Salespeople must prospect—that’s the truth. They can find their prospects in many different ways: introductions from current clients, social media, networking, internal referrals from business partners, cold calling, pre-approach mail, association memberships, and business networking groups.
 
No matter how a salesperson gets a name, the next step is to contact them. They can reach out by mail (email or snail mail), social media like LinkedIn, or by phone. If they are going to have any chance to schedule time to talk with prospects about their current situation and determine if they are a fit, they must make contact and have a conversation.
 

Sales Prospecting Tips for the Coach: The Reality of Prospecting

Here’s a sales prospecting tip for the coach: prospecting is not always fun. If you are a manager, you should not tell your people to “just pick up the phone and have fun with it.” They will know you don’t know what you’re talking about.

Fun is water skiing, snow skiing, swimming, hiking, going to a play or the opera, having a picnic, watching a ballgame, attending a family reunion, singing, playing guitar, enjoying an online or Xbox game, falling in love, dancing, going on a cruise, eating an amazing meal, getting a promotion, a raise, or recognition for a job well done. Those are fun activities!

Facing rejection, not talking to anyone, having people hang up or unsubscribe, being told not to call again, or having people lie or avoid you—those are not fun. Many prospects won’t return calls or emails and will say whatever it takes to get rid of a salesperson. Salespeople must also deal with people asking for free information or canceling appointments at the last minute. These are not fun activities.

Sales Prospecting Tips for the Coach: Teaching Resilience

If prospecting isn’t fun, then what is it? Here’s another sales prospecting tip for the coach: you must tell your team this:“You don’t have to like it; you just have to do it.” It’s called work for a reason.

Salespeople have to put a lot of preparation, thought, intellect, and skill into being successful at prospecting. Our sales evaluation partner, Objective Management Group, has found that the single biggest contributor to sales success is the ability to be rejection-proof. Even with skill, technique, scripts, and preparation, if salespeople can’t handle rejection and the emotional roller coaster of prospecting, they’ll struggle and fail more often than they succeed.

Rejection-proof salespeople recover quickly from setbacks. They get back on the phone immediately, learn from mistakes, and keep going.

Additional Sales Prospecting Tips for the Coach

  • Hire hunters. Use a sales-specific evaluation to ensure you’re bringing in the right people.

  • Provide leads, even if you charge for them. Stop trying to make non-hunters into hunters.

  • Inspect what you expect. Hold your team accountable for consistent prospecting activity.

  • Offer training and coaching to help them prospect effectively in today’s environment.

  • Role-play phone calls and first meetings in every sales meeting to keep skills sharp.

  • Equip them with prospecting strategies and tools that help them stand out from competitors.

If your salespeople have a solid phone approach and don’t sound like everyone else, they’ll have a chance. Help them uncover the root causes of their prospecting challenges, like beliefs or need for approval, and then coach them through it. With practice and preparation, their phone conversations can become as natural as breathing.

The bottom line: sales prospecting isn’t about having fun, it’s about getting the job done so that salespeople have solid appointments that lead to real opportunities and closed business. That’s where the fun begins.

Don't Miss our Free Webinar THIS MONDAY! Register HERE

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FAQ: Sales Prospecting Tips for the Coach

Q: What is the best sales prospecting tip for a sales coach?
A: Teach your team that prospecting isn’t about enjoyment—it’s about discipline. Consistency, accountability, and resilience are key.

Q: How can a coach help salespeople overcome rejection?
A: Encourage quick recovery after rejection and role-play real scenarios during team meetings. Building emotional toughness is essential.

Q: What should a sales manager focus on during coaching sessions?
A: Focus on helping your team develop strong prospecting habits, use targeted messaging, and stay accountable for daily outreach goals.

Q: Can prospecting ever be fun?
A: It can be, once your team sees results. Success in booking quality appointments and closing deals turns the hard work into something enjoyable.

Topics: Sales Training, prospecting tips

Assets Under Management: A Sales Leader's Job!

Posted by Tony Cole on Fri, Oct 10, 2025
 
I hate calling people assets or human capital. They are people who take on careers to help themselves and their families achieve specific personal goals. They do not take on careers, professions, or jobs to further the growth of the company that hires them. However, I was reading an article in Fast Company today about a diagnostic tool that helps detect problems of the heart, not love problems of the heart, but functional ones.

In 2002, Marie Guion-Johnson’s 41-year-old husband, Rob, died after going into cardiac arrest while swimming. That experience led Guion-Johnson to start the company Aum Cardiovascular and invent the CADence, a small device that doctors hold over a patient’s chest to detect blockages often missed by other tests. At the end of the article, the interviewer asked, “What does the company’s name mean?” Aum is an ancient Sanskrit symbol that refers to a low humming sound, the same sound heard from a diseased coronary artery. But when she’s asked by potential financial backers, she says it means “assets under management.” That got me thinking about sales managers and their assets—people.

As a sales VP or manager, your only asset is your people. You don’t own equipment, buildings, or other capital. You don’t really own the people either, but the company has placed its trust in you to manage the assets it has invested in. And, believe it or not, some of those “assets” have also placed their trust in you. So, how are you doing?

What “assets under management” means for sales leaders

If you were to look at your people as an investment portfolio, are you getting the ROI you expected or should expect based on the investment of time, money, and effort? As a total portfolio, you may be exceeding your objectives, but what about the individual assets? How are you doing with each of the team members you’ve recruited, hired, and onboarded? Unlike your personal investments, where you probably have an investment or money manager, you are the one managing this portfolio. Are you doing the things you should be doing to maximize the return?

5 Must-Dos to Maximize your Assets Under Management

  1. Honest assessment of individual holdings: First, don’t treat them all the same. The bond isn’t supposed to perform like your growth fund or equity holding. But is it performing as expected? If not, why not?

  2. Assess the “why not.” Looking only at the return, pipeline, or sales results isn’t enough. You have to get beyond the symptoms (not calling enough, not converting effort into opportunity, not closing) and uncover the root causes of underperformance.

  3. Have the fierce conversation (not aggressive, not punitive) about current performance versus expectations. Use data and your recruiting file in this discussion: “This is what I’m getting” (show effort and results data) versus “This is what I thought I hired” (show the résumé, interview notes, and contract). Then ask, “Did I make a hiring mistake?”

  4. Agree on the problem. Ask questions rather than telling them what you see as missing in their effort or execution. Just like in selling, if you get the person to recognize and verbalize the issues or challenges, they own them. When the discussion ends, ask, “Is this where you want to be?” (They’ll say no.) Then ask, “Are you sure?” (They’ll say yes.) Finally, “Does this mean you’re willing to do everything possible to succeed?” (They’ll say yes, assuming they pass the intelligence test.)

  5. Develop a disciplined approach to get them back on track. Create a plan with specific times for activity, clear behaviors to inspect, details about joint work, and scheduled coaching meetings. All of this should help the person you believed would be a superstar get back on track for success. 

Catch Issues Early

Here’s the kicker: you must recognize and address these problems as early as possible. Do not be satisfied with making progress, trending in the right direction, or thinking they haven’t hit their stride yet. Don’t make excuses for lack of effort or execution. Identify the problems early, address them, take corrective action, or, as you would with an underperforming asset, sell.

Future Leaders (1600 x 900 px)

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FAQ: Sales Team Performance Management

What is sales team performance management?
It is the ongoing process of setting expectations, inspecting effort and execution, coaching to behaviors, and measuring outcomes so the team delivers predictable results.

How often should I review individual performance?
Weekly for activity and pipeline movement, monthly for conversion ratios and skill focus, quarterly for role fit and long-term development.

What data should I inspect beyond closed deals?
Prospecting blocks completed, first meetings set and kept, second meetings advanced, proposal-to-close ratios, average deal size, cycle time, and calendar discipline.

How do I handle a persistently underperforming rep?
Use a time-bound improvement plan with clear metrics and support. If behavior and results do not change, reassign or exit quickly to protect the portfolio.

How is this different from micromanagement?
Micromanagement fixes tasks. Performance management clarifies outcomes, inspects leading indicators, and coaches skills while preserving autonomy and accountability.

Topics: Sales Training, sales management

The Power of Relationship Selling: A Sneak Peek at Our New eBook

Posted by Anthony Cole Training Group on Thu, Oct 02, 2025
 
This week on the blog, we’re sharing the first two chapters of our brand-new eBook, The Relationship Selling Guide. Inside, you’ll discover why assertiveness and empathy are critical to winning the right clients, how bold questions can transform your sales conversations, and how to create remarkable client experiences which are the key to long-term loyalty. Our new eBook contains practical, proven strategies that will help you strengthen client trust, shorten your sales cycle, and build lasting relationships.

Chapter 1: Relationship Selling - The Key to Your Sales Challenges

In today’s unpredictable and rapidly shifting markets, one of the most persistent challenges in sales is staying focused on adding value, not just making the sale. That’s where relationship selling comes in. While this concept isn’t new to most of us in sales, applying it effectively and consistently is where the real challenge lies.

Many organizations are striving to become more customer-focused. But how can advisors and sales professionals remain productive and assertive without sounding overly sales-driven?

The Power of Assertive Relationship Selling

Here’s the truth: Assertive salespeople, those who lead with confidence and care, win more business. These professionals are so committed to doing what’s right for their clients that they’re willing to risk the sale to help the customer make the best possible decision.

This is the essence of relationship selling: prioritizing the long-term relationship over the short-term win.

Assertiveness in sales isn’t about pressure, it’s about clarity, curiosity, and courage. When done well, your early conversations help qualify (or disqualify) prospects quickly and respectfully. That means less wasted time chasing people who will never buy, and more energy directed toward solving real problems for real buyers.

The Discovery Process: Ask Better, Sell Smarter

In those initial, assertive conversations, your goal is to uncover the prospect’s real pain:

  • What problems are they facing?
  • What have they done to try and solve them?
  • How is their current provider performing?

These conversations aren’t just about gathering surface-level information. They’re about building insight, so you can determine whether a true, mutually beneficial relationship can form.

In our sales methodology, a qualified prospect must meet three key criteria:

  1. They have a compelling reason to buy or make a change.
  2. They have the resources and willingness to invest (time, money, effort).
  3. They have the authority and readiness to make a decision, including financial decisions.

Bold Questions That Build Relationships

To discover whether a prospect qualifies, you need to ask bold, sometimes uncomfortable questions, questions that require assertiveness and emotional intelligence.

Here are a few examples:

  • “How will you go about telling your current provider that you’re moving in a different direction?”
  • “If funding is limited, how do you plan to address the problem?”
  • “The budget you mentioned won’t achieve your goals. What would you be willing to compromise?”
  • “What will you do if your partner isn’t on board with making this change?”

Imagine having the confidence to ask these questions regularly. What would happen?

You might fear losing opportunities, but in reality, you’d likely gain more meaningful ones. You’d eliminate indecision, shorten your sales cycle, and build trust by helping your prospects face their own obstacles head-on.

Final Thought

Relationship selling, when done with assertiveness and empathy, doesn’t just help you close more deals, it helps you close the right ones.

When you stop making presentations to people who can’t say “yes” and start focusing on those who are ready to move forward, your entire sales process becomes more efficient, more effective, and more rewarding.

So, if you’re facing challenges in your sales process, try this:
Be more assertive. Ask better questions. Focus on building real, lasting relationships. The results will speak for themselves.

 Compass

 

Chapter 2: Build Lasting Relationships in Sales

If your goal is to retain and grow client relationships, you must consistently create a remarkable experience for your customers and prospects. Because if you’re not providing that superior experience, rest assured, your clients may start wondering, “Who else will?”

Ask Yourself These Key Questions:

To evaluate your customer relationship strategy, reflect on the following:

  • What are you doing to keep your clients happy and satisfied?
  • Are your clients referring others to your business?
  • Is your organization delivering an exceptional experience at every touchpoint?
  • Are you learning your clients’ wants, needs, and pain points, every single day?
  • Are you under-promising and over-delivering?

What Can We Learn from Disney?

Think about a place where you wait in long lines, spend a lot of money, and still leave excited to tell others how great your experience was. For many, that’s Disney.

Disney has built decades of success by exceeding expectations and creating passionate brand advocates. In Inside the Magic Kingdom, author Tom Connellan outlines seven keys to Disney’s customer experience strategy. The biggest takeaway? Their “magic” isn’t random, it’s the result of a consistent, intentional process that dazzles.

Dazzling Experiences Aren’t Optional

To truly impress your clients:

  • Your service must be predictable and consistent.
  • Your clients must know what to expect and trust you to deliver.
  • It can’t be a once-in-a-while thing, it must be how you do business, every day.

This doesn’t mean treating everyone the same. Your top 20% of clients should get a different level of attention than your bottom 20%, but everyone should get the basics done right, every time.

If you want to stand out from competitors and earn long-term loyalty, you need to go beyond service, you need to dazzle. Treat your advocates like family. It’s not extreme, it’s what separates memorable companies from forgettable ones.

Because in business, it’s always the little things that matter.

4 Strategies to Retain and Create Loyal Advocates:

  1. Find out what they want
    Don’t guess, ask. Give clients a list of preferences and allow space for them to tell you what really matters.
  2. Prioritize critical areas
    Clients won’t always tell you what’s wrong. Just like saying “It was fine” at a restaurant, they may avoid conflict. Dig deeper to find the real issues.
  3. Identify their performance bar
    Where are they setting expectations? Don’t assume. Find out and then evaluate if you’re meeting or exceeding them.
  4. Negotiate expectations
    If something doesn’t align with your process, say so. Don’t agree out of fear of losing a deal, because if expectations don’t align now, they won’t later either. That client is unlikely to become an advocate anyway.

Final Thought

This all assumes that you already have the business acumen to understand your clients’ industry, goals, and challenges. But even then, never assume you know what they expect, ask them.

That simple conversation can lead to extraordinary results: repeat business, strong referrals, and loyal client relationships that last.

Because when you understand expectations, exceed them, and stay consistent, your clients will not only stay, but they’ll also bring others with them.

Want to keep reading?

Download the entire book for free here!

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Topics: Sales Training, relationship selling


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    About our Blog

    Anthony Cole Training Group has been working with financial firms for close to 30 years helping them become more effective in their markets and closing their sales opportunity gap.  ACTG has mastered the art of using science-based data and finely honed coaching strategies to help build effective sales teams.  Don’t miss our weekly sales management blog insights from our team of expert contributors.

     

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