Selling the Price Increase. Jeb Blount

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Selling the Price Increase - Jeb Blount


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truth that few people will tell you is that your fear of rejection, and the worry that stems from it, is not a psychological problem. Rather, it is biological and baked into your human DNA.

      Instead, you'll need to deploy sustainable techniques to rise above this fear. This begins with awareness that the emotion is happening, which allows your rational mind to take the helm, make sense of the feeling, and choose your behavior and response.

      There is a big difference between experiencing emotions and being caught up in them. Awareness is the intentional and deliberate choice to monitor, evaluate, and modulate your emotions so that your behaviors are congruent with your intentions and objectives. You cannot choose your emotions; you can only choose your response to those emotions.

      Emotional discipline is managing your outward behavior, despite the volcanic emotions that may be erupting below the surface. This is how you display relaxed, assertive confidence when presenting price increases. Like a duck on the water, you appear calm and cool on the outside, even though you're paddling frantically just below the surface.

      Exercise 2.1 Catalog Your Fears

      Choose three of your accounts that have been targeted for price increases. Then make a list of what you fear the most about these upcoming conversations.

      1 Account Name:

      1 Your Worries and Fears:

      1 Account Name:

      1 Your Worries and Fears:

      1 Account Name:

      1 Your Worries and Fears:

      The noncommissioned officers – military recruiters – laugh nervously in acknowledgment of the uncomfortable truth: They would rather take live fire in combat than approach 18-year-old recruits with an offer to join the US Army.

      This is a common finding in our Fanatical Military Recruiting training programs where we confront the real reasons why military recruiters struggle to make Mission (quota). It is not because they lack talent or passion, not because they lack training, and not because they lack experience. It is rarely any of the reasons people think.

      Military recruiters fail most often because they are afraid of rejection. For them, speaking to teenagers and their parents is a daunting emotional obstacle. The soldiers (most of whom are combat veterans) fear these conversations. So much so that they would rather face bullets and death than the potential for rejection.

      Imagine for a moment that it is 40,000 years ago. You live in a cave with a group of people in a hunter-gatherer community, in what is now France.

      It's a dangerous world. Neighboring tribes fight and compete for scarce resources. When you are out hunting for dinner, there is usually something hunting you. It's a brutal, survival-of-the-fittest environment, and you are part of the food chain.

      You depend on your tribe for everything. You cannot survive on your own. Being rejected by your tribe and banished from the cave is a death sentence. Alone in the dark, you would have no fire, no food, no protection, no companionship, and no chance for survival.

      It's a world that's hard to imagine in our tech-dominated, modern society, where food, shelter, transportation, and even companionship are at our fingertips with a click or swipe on our smartphone screen. But it was here, in this ruthless and unforgiving place, that humans developed our modern-day fear of rejection.

      The sensitivity to being rejected served as an early warning system that the threat of being banished from the tribe was imminent, should one's behavior not change. It was a simple, but powerful, emotional survival mechanism that helped to keep us in the good graces of other humans whom we needed.

      Over the course of human history, banishment was often considered worse than death. The stories in ancient literature depicted it as such. Though today banishment is far from a death sentence, the fear of rejection continues to guide how we behave around others and conform to group norms.

      It truly is a double-edged sword. On one hand, it helps you become socially adept so that you can coexist with other human beings and build strong, mutually beneficial relationships. On the other, it triggers a wave of disruptive emotions that impede your ability to confidently approach customers with price increases.

      The human brain, the most complex biological structure on Earth, is capable of incredible things. Yet, despite its almost infinite complexity, your brain is always focused on one very simple responsibility – to protect you from threats.

      Harvard professor and psychologist Dr. Walter Cannon first coined the term fight-or-flight response to describe the human body's neurophysiological reaction to threats. Your brain and body react to protect you from two types of threats:

       Physical. Threats to your physical safety or the safety of someone close to you. For example, someone shooting at you on a battlefield or a rattlesnake on the trail where you are hiking.

       Social. Threats to your social standing: rejection, banishment from the group, looking bad in front of other people, nonacceptance, diminishment, and ostracism. For example, your tribe banishing you from the cave or a customer rejecting your price increase.

      In these situations, fight or flight – the uncomfortable biological response to threats – begins to kick in. What is important to understand is that the fight-or-flight response circumvents rational thought.

      As you prepare to tell your customer about the price increase, your sympathetic nervous system releases hormones into your bloodstream, including adrenaline, testosterone, and cortisol, to prepare you either to stand your ground and fight or to run. Your heart rate accelerates, stomach tightens, skin flushes, pupils dilate, and you lose peripheral vision.

      The neurophysiological response to the threat of conflict and rejection makes it challenging to maintain confidence and composure. Attention control is difficult; it's hard to think. Your IQ even drops when you are preoccupied with rejection – a big problem when you need 100 percent of your intellectual acuity to get your customer to buy into and accept the price increase.

      Fight or flight can in one circumstance save you from certain death, but in another, unleash a wave of disruptive emotions that knocks you to the ground


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