Teen group of friends with smartphones at park. Millennials best friends using mobile phones, addicted to technology and social media. Lifestyle and friendship concepts

Selling to Millennials

Selling to Millennials can make you a better sales person. There I said it. And I want you to read it as the compliment it is intended to be. It is a generation that has often been maligned by Boomers and Gen X. I have to confess to some of that criticism myself.

I think every generation thinks they are better than the generations that follow. That plus a lack of understanding can attribute to cross-generational jabs. Now as a sales trainer and coach many of my clients are Boomers and Gen Xers. These same Boomers and Gen Xers are now encountering more and more Millennials in the workforce and as customers. According to the Pew Research Center, Millennials became the largest generation in the US Labor Force in 2016.

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Ask for referrals word on a book. Business success concept

by Tim Healy

Why Financial Advisors should Ask for Referrals

18 Jul 2019

in Blog, Financial Advisors, Referrals

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1690

Why Financial Advisors Should Ask for Referrals

Why Financial Advisors should ask for referrals? Very simply – if you are a good financial advisor you have earned it. Financial Advisors have a great advantage over other sales people when it comes to asking for referrals. Sales people who are selling other products or services typically don’t have the opportunity to positively impact the lives of their clients and their client’s families the way that financial advisors do.

Building a larger client base should be a goal of every professional. Across every industry, referrals are the easiest and most cost-effective way to generate new business. However, if you are like many individuals, you may feel awkward asking your current clients for referrals. Figuring out the right way to request a referral will help you increase your reach.

Are you asking for referrals? If the answer is “no,” then you need to start asking yourself, “why not?”

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by Tim Healy

Practice Closes Sales

16 Feb 2019

in Blog, Practice, Selling

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1431

Practice Closes Sales

Practice Closes Sales. While you have no doubt heard practice makes perfect – perfection doesn’t close deals. Sales is one of the few professions where your performance is measured every day on every deal. So wouldn’t it make sense to practice?

The idea of practicing came from an unlikely source. My son’s basketball league put out an email with a desperate request for coaches. Since I never coached basketball before I politely ignored the 1^st request. Then came the 2^nd request and I figured I would offer to help.

This was my 1^st ever endeavor into coaching a sports team. So being a new coach I did what all dads with no experience would do. I went to YouTube to look up drills for youth basketball. Then after our 2^nd practice I realized how important drills and repetition are in learning and mastering a skill. While practice is certainly not a new idea, a light went off.

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by Tim Healy

Financial Advisor’s Greatest Asset

21 Oct 2018

in Blog, Financial Advisors, Selling

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1480

Financial Advisor’s Greatest Asset

Financial Advisors may argue the point, but it is their Book of Business that is every Financial Advisor’s Greatest Asset. What is a Book of Business? In its most basic form a Book of Business is your client list.

One of the 1^st and most common mistakes a Financial Advisor can make is not segmenting their book into A, B, and C clients. Meaning your most valuable clients are your A’s, than down to your B’s and C’s. It sounds pretty simple, right? Well it is. While the definition is simple the value can be priceless if you do it right.

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thealy@healysolutions.com

(631) 379-7825

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by Tim Healy