When I started my first sales job, over 20 years ago, my boss gave me a piece of sales and marketing advice that has helped me generate millions of pounds worth of sales – and I am going to share it with you right now!
“To make it in sales, fish for whales!”
I asked my former boss what his comment about fishing for whales actually meant. He explained:
“Jim, if you go fishing and you catch 10 goldfish, you won’t even fill a cup – but if you catch 10 whales, you will fill half the beach!”
With that simple explanation, he taught me how the amount of time and effort required to win a £50,000 sale, was not a great deal more than it took to win a sale of £5,000. This simple idea totally blew my mind! It was my introduction to what I know today as leverage.
I immediately realised that if I wanted to succeed in sales, I needed to prioritise my sales efforts and focus on where I could deliver most value as a salesperson – because that’s where all those whales are!
If you want to dramatically improve your sales figures, make sure your time and energy is invested wisely – fishing for whales and not goldfish!