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The Sales Stoic

February 13th - The Balance Between Indulgence and Discipline

7 min

“Whenever you feel drawn to some pleasure… don’t let it sweep you away. Pause and hold off acting on it. Take a moment to reflect, think about both how it feels to indulge and how you might regret it later.” - Epictetus

Pause before acting on impulses.

Whether it's a fleeting pleasure or a tempting shortcut, reflect on both the immediate satisfaction and potential regrets. Discipline lies in resisting short-term indulgence for long-term fulfillment.

In sales, the rush to close deals or please clients can cloud our judgment.

It’s easy to over-promise for immediate gain, but that can damage your reputation and relationships in the long run. Instead, take a moment to evaluate the impact of your decisions and align them with your long-term goals.

Discipline, even when tasks feel difficult, pays off in the future.

The satisfaction you’ll feel from making decisions that align with your values will be far greater than the fleeting pleasure of cutting corners.

Actionable tips:

  • Before reacting to a tempting opportunity, take a moment to assess its implications on your long-term goals. Ask yourself, “Will this help me build a lasting relationship with my client?”
  • Define what constitutes acceptable compromises in your sales approach. This clarity will help you resist the temptation of short-term gains that could undermine your professional integrity.
  • Regularly review past sales interactions to evaluate the outcomes of your choices. Consider whether the pleasure derived from a quick sale was worth any subsequent regret and adjust your approach accordingly.
  • Check out The Discipline of Delayed Gratification by Simon Sinek (YouTube). Sinek explains the importance of thinking long-term, especially when facing temptations for quick wins, helping you align your actions with meaningful goals.

Remember you will die.

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Disclaimer:

The Sales Stoic draws inspiration from the profound wisdom of Stoicism as presented in Ryan Holiday's "The Daily Stoic." As avid readers & fans, we deeply respect the work of Ryan Holiday, and acknowledge the significant impact of Stoic philosophy on our own approach to sales and life.

While The Sales Stoic applies the core principles of Stoicism to the unique challenges and opportunities faced by salespeople, it is an original work with its own distinct voice and focus. We aim to build upon the timeless wisdom of Stoicism to empower sales professionals with practical guidance and actionable insights for success in their careers and personal lives.

  • Jack Frimston

    Jack Frimston

    Co-Founder at We Have a Meeting

  • Zac Thompson

    Zac Thompson

    Co-Founder at We Have a Meeting

It's just a little close. Zach Thompson. Jack Frimston. 13th of February. Should we jump in? Please. OK. It's a little bit of a rappictetus today. It's a long one. Oh, to bear with me.

Whenever you get an impression of some pleasure, as with any impression, guard yourself from being carried away by it. Let it await your action, give yourself a pause. After that, bring to mind both times, first when you've enjoyed the pleasure and later when you will regret and hate yourself. Then compare to those the joy and satisfaction you'd feel for abstaining altogether. However, if a seemingly appropriate time arises to act on it,

Don't be overcome by its comfort, pleasantness and allure. But against all of this, how much better the consciousness of conquering it? I like that one. I like that one a lot. So this, we can talk a lot about like compromise here, like what's in your toolbox when it comes to like what are you willing to compromise on for pleasure and what are you not willing to compromise on?

or pleasure that could lead to punishment later down the line. What are some of those things? I think you want to look at concessions, right, that you're willing to give. Often what we're doing as salespeople is we're probably doing the old terrible adage of discounting. But I'll tell you something, right? When people say to me, is there a discount? Our response is no. I don't think they're really clever or crafty. go no. And they go, OK.

And they just move on. It's just a question. What we're often hearing as salespeople is if you do a discount, I'll work with you. Yeah. But discounts can be damaging as well. Yeah. So trying to offer that into discount. Exactly. Why are you willing to discount offering that discount to try and get the deal over the line isn't always a good thing. So instead you want to look at concessions that might feel like you're giving something to them and they might feel like, okay, I've got something here, but you're not changing the way that you do things.

It's not looking for that quick kind of pleasure hit of lectures, get the deal over the line at all costs. So that might look like, could be a of different payment terms. Yeah. Could look like we can put in some training at the start, which might be something that you would give anyway. Yeah. But we can put that in at the start. can pad it out. Yeah. Or there's some research I can give you or there'll be different things that you can give that are, I still feel like I'm giving something. There's still that feeling of I've given something.

And the person feels like they've received something, but not at the expense of just chucking your whole sales process and selling your soul out the window. I also think that there's a lot of, a lot to be gained from feedback. Okay. So we know that we can learn from feedback. look at our failures we can gain, but an exercise that we like to do, with our sales team and internally is lost opportunities. Right. So you go through Salesforce this time last year, I sat down with these people.

close loss. Okay. Some of went to close one, some of them went to close loss. We call them back and we ask for feedback. And it's that feedback approach of just want to get some feedback. What we were always looking to learn. We're looking to get better. And then you start to find out maybe something that you did, which is going to be like, it might feel painful, but actually it's going to help you in the long run. But what you might also hear is, no, no, no. We were in a situation actually where the budgets hadn't been approved, but

they've actually just been approved and funnily enough, you've called it the right time. And then you start to unearth these new opportunities and you start to stumble upon conversations that wouldn't have normally happened. So it's about like saying front of mind as well. So I think that you can really, really gain stuff from that. And then I think one of the other awkward questions that people don't like to ask, but when asked can really kind of bring a lot of pleasure.

is referrals. Nice. OK. Yeah, I like referrals. I think I think any conversation, good, bad, whatever the outcome is, you should be getting in the habit of asking for referrals. So you're talking to someone you've cold call them. They're saying, you know what? We don't have a need for this right now. We've already got something in place. Makes sense. Do you mind if I ask you something before I let you go? Do you know anyone who's maybe a bit less fortunate than you who might be open to a conversation like this?

Easy. Yeah. What's the worst thing to say? No, the best thing you can say is, yeah, I do. I'll tell you, I was working in events for a while. Right. So I was selling event stands and I spoke to a guy who he was interested in. He bought and I said, look, I've got a space either side of you. Who do you know in the industry? Who do want next to you? That's a great question. And he said, oh, Paul Smith, the ex company. I have you got his number? He gave me his mobile number. Rang him up.

if he's that, yeah, yeah, put me down. I'll buy it. So he bought it. And then I went. Well, I've got one space next to you now. Who would you want there? That's three houses anyway. And my boss is looking up at me at the desk like he couldn't believe it. was three deals all sent in the morning from doing that. Who else would you want next year? You've got to be clever with when you ask for referrals. If you've sold something and the client isn't happy for whatever reason, you don't ask for a referral. But when it feels like everyone's winning and everyone's happy.

I love it and I go, I've got to ask you a bit of a difficult question. I'd say I've been dreading asking you this, but who else do you know with it being so successful? Who else do know that it'd be worth having a conversation with? And then the brain, like I think people think that people are just going to automatically be thinking about you and just going out and shouting at you. you've got to remember that everybody's so involved in their own life and their own business that sometimes you've just got to ask the difficult questions.

and then it ends in pleasure. We've had people that have come to us to try and solve a new business problem. And the amount of times I've said to them, look, let me ask you, out of everyone you work with, how many clients have you got? they'll say, many clients? Okay. And out of those, how many of them really love you? Oh, about 50. Okay. And those 50, when you went to them and said, who else do know who you could introduce us to? What did they tell you? Oh, I've never done that. Do you want to do that?

first because that feels like you only need three new clients. Yeah. And then an interesting thing when you say like what, um, what's stopping you doing that? I don't want to damage the relationship. So again, it goes back to this adage of there's a story you're telling yourself. If I said to them, who else can you introduce us to? You think they're going to say, dare you? Yeah. We're not going to work with you. And that's not reasonable, is it? Yeah. You delivered a great service. So that's, uh, this has been action packed full of tangible advice. Yeah.

I've been Jack Frimston. I've been Zach Thompson. Remember you will die. Put the plaster on.

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