The Sales Stoic

March 27th - Know The True Value

6 min

“Diogenes of Sinope said we trade things of real value for things of little worth, and vice versa.” - Diogenes Laërtius

We’re all time-billionaires, yet we often focus on things that don’t truly matter. A millionaire at the end of their life would trade everything to be 20 again, proving that time, not money, is our most precious asset.

It’s easy to chase quick wins like hitting targets, earning commissions, or winning every deal. But prioritizing these over long-term success can cost you what truly matters: strong relationships, repeat business, and a reputation built on integrity.

Value your time and invest it wisely. Focus on what endures, not just what’s fleeting.

Actionable tips:

  • Before pursuing a deal, ask yourself: does this align with my long-term goals, or is it just a quick fix? Focus on what truly matters.
  • Focus on building trust. Every interaction with a customer is an opportunity to strengthen your reputation. Don’t undervalue the power of genuine relationships.
  • Like your resources, time is valuable. Spend it on high-priority tasks that contribute to long-term success, not just immediate gratification.

Remember you will die.

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Connect with We Have a Meeting: LinkedIn: https://www.linkedin.com/company/we-have-a-meeting/ Website: https://www.wehaveameeting.com/

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

Riddle me this, riddle me that. How much can a ratatatat? Wow. You like that? Yeah, I like it. I think I've heard it before. Okay. Three times, but yeah, it's good. You don't like it? No, I'm impartial like most stoics would be. Very good, very good. Well, look, today's about something that you overdo and it's called knowing your true value. And what do you mean by overdo? That's for the listeners at home to think about.

Diogenes of Sinope said we sell things of great value for things of very little and vice versa. Hmm. It's a short one. So that's it. That's it. Say it again then. Yeah. So we sell things of great value. Okay. Which is good for a sales podcast. He was thinking of us like that. There's this amazing story that I saw. I think it went viral on social media and stuff like that. But a bottle of water, a petrol station, a pound.

A bottle of water at train station, two pound. A bottle of water at an airport, three pound. And a bottle of water at a concert at the AO arena, five pounds. Same bottle of water, different value. Why? It depends on the problem you're solving, but I think I've always heard this around like the world of sales of...

If you're going to solve problems, solve rich people's problems. So if you're thinking about starting a business or what you solve, like, do you, do you genuinely know what problems you're solving? So you're not feature and benefit dumping. And do you know like typically what the cost of that problem is? That's your job as a salesperson to find out. It's not just to slap a piece of AI on it and hope something happens. It's about like, what is the genuine cost of that problem? And we, we use different sales techniques and therapy techniques to kind of unearth what the real cost of the problem is.

Because then and only then when you have a true understanding of the problem, can you actually say, well, this is how I'd solve it and this is the price for it. Yeah. You know, you as I think about it as well with this is when we spoke to Rory Settle and he was talking about the train issue, trains in the UK with our pay too much, like they're always late, they cancel them and unreliable, all these things that like granted things to think about rather than solving some of the problems that you can't solve. The problem you can solve is when someone gets on the train, it's like the best train service and train experience ever. He's like, sometimes we're over-emphasizing the short term win of like, this might just get the, get the deal over the line for what could be a long-term win and a long-term gain. you think about different deals that you've closed in your sales career.

without actually knowing what the cost of not solving the problem was. Chris Voss might say like leaving money on the table or something like that, you know? So if you qualify your prospects properly, what you should be left thinking about is what is the problem they're trying to solve and what's the true motivation to fix it? What I most say is people that kind of know the symptom to a problem and the happy ears and commission breath and think, let's just show you what we've got. But they don't go into the depth of what's the actual problem? How do you know it's a problem? Why have you not fixed it before? What do you think stopped you? How would the future, if you could sort all those little layers of depth that really give you the full picture. And then when it comes to pricing, is this paracetamol headache budget, or is it life changing brain tumor budget? They're two very different things. The there's a book that we love and a guy that wrote the book that we admire, Keenan from Gap Selling and we've had him on the podcast quite a few times and I've seen him do it.

like in live, like trying to get to the root of the problem and really understand what that gap is. And I think it's brilliant. And that's your job as a salesperson. Your job is to ask kind of squirmy questions and understand because if your job is just turning up and trying to push whatever shape it is into a round hole, you're not needed as a salesperson. A salesperson, we don't necessarily need somebody to tell us about all the features and benefits and objects.

A cred deck can do that at the end. What we need salespeople to do is really get in there, get in the mud and start to unearth and find the problems. And only when you ask decent questions, can you truly start to kind of coax that out of them. Remember information and knowledge is power. Quick side note. Quick side note. What's your favorite decent question? What's my favorite decent question? So not good, not bad, just decent. When did you first feel like that?

Wow, put it on the spot then you didn't mess it up. Thank you. Thank you. What's your, what's your favorite good question? Why? Why? But what, but why can be scary? Can't it at times? Why can be scary? Yeah. For certain people. Yeah, no, it can. Think about the analogy that we give advice. Can I, can I lay it out to you? Please. So you gave me a problem. You said like, ah, we've tried it before. We tried to fix it, but we think now's the time.

to do something. think now's the time to do something. I go, okay, can I actually get a squirmy one? Yeah. Why now? Hmm. The actual layering of the question. The preface of you just sat there like a seagull going, why? Why? Why? It's annoying. It's not like me. Andy be annoying, which both things can also be equally true at the same time. I've been Jack Frimston. I've been Zack Thompson. Remember you will die. Nigella Lawson.

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