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1 Skill Every Successful Entrepreneur Must Have

Posted at March 19th, 2021 | Categorised in Business tips

Updated: April 12, 2021

1 Skill Every Successful Entrepreneur Must Have

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1 Skill Every Successful Entrepreneur Must Have

You know, what are some of the specific skill sets then that a young entrepreneur should have that are most important for them to have to set themselves up for success? – The number one skill in business is the ability to sell.

Period!. There’s no relationship between being good at what you do, and getting paid. There’s a huge relationship between being good at what you do, being able to sell and getting paid. Some of the highest paid people in the world, they’re not the best at what they do.

They’re the best at selling what they do. As an entrepreneur, if I have a product I need to sell to the marketplace and why did you buy my product? If I need a loan to go to the, I go to the bank, I need to sell the banker why they should loan me the money to expand or to start my business? If I have vendors, I need to sell my vendors, why don’t you give me better terms.

If I have employees, I need to sell my employees why they should perform, why they should follow me and follow my mission and go with where I see the vision I wanna go. Your selling every day, period.

That’s our number one skill that we need. And yet, most entrepreneurs if you ask them so why should I buy your thing? ‘Cause it’s good. And then they go on and they don’t know anything about it.

Not that it’s not their fault. It’s just they’ve never thought on how to not just beginner entrepreneurs, by the way, because I advise consult with so many entrepreneurs. I don’t care, multimillion dollar 10, 20 million doesn’t matter.

I say tell me what you got. They can’t articulate it. They can’t sell it. That’s a problem, right? If you can’t even sell what you do, then how do you, how do you get your people to sell what you do? It’s impossible.

You should be the number one salesperson for your company. Steve Jobs is a number one salesperson for Apple. Period. When he was remember the iPhone back then? It is a product announcement, yes, revolutionary.

It’s not a product announcement, it is a sales presentation. He’s selling the iPhone to the world for the first time. Elon Musk, discipled have you seen the Cybertruck, yeah. Elon well although, how many have you seen the accidents? Right? Number one skill.

And then afterwards, of course, financial literacy, being able to refine in financial statements, leadership, negotiation, marketing, I could go on and on. But number one skill is sales. Does that make sense? – [Crowd] Yeah.

– The problem is, when I say the word sales what comes to mind? Door to door, what comes to mind? – [Audience] Stymie. – Stymie What else? – [ Audience] Snake oil. – Yes, snake oil used car salesman. So it is a number one skill that we need.

And yet the minute we think about sales, it’s like, is there like a such a dirty word. I don’t want to be a salesperson. I don’t wanna sell anything. Well, sales equals income. When I hear someone, an entrepreneur, a startup entrepreneur, and they say, I don’t wanna sell anything, you’re broke.

Guarantee, I don’t wanna sell it, you’re broke, ’cause that means you might as well say I don’t like income. It’s no different if they say I don’t like income. Because here’s my belief and you don’t have to buy my belief.

But I believe if you truly believe in what you do, you’re morally obligated to sell it. It is your duty to sell it. If I believe Vince, you should drink eight glasses of water a day for your well being and I sell water, I need to convince you and sell you why to drink that eight glasses of water a day.

Now, although you might say I don’t have time. I don’t I don’t drink it’s too inconvenient. I have to go to the bathroom too many times. I need to overcome those objections and convince you, you should drink eight glass of water day and my company provides the best water.

The cleanest water and to make that sell. You may not even know you need it yet. But it’s my job to educate you why you need it. There’s certainty and then you drink eight glasses of water a day your health improves.

That’s the difference so, you can help anybody if you don’t sell them. You can help them if you don’t sell them. So sales is not a dirty word. It’s actually to me one of the most noble professions in the world.

That’s why I train so many salespeople. It’s a beautiful profession. Nothing happens until a sale is made. You’re here because someone sold you a ticket. You could stay home and watch Netflix.

But someone saw you, Hey, you should be at the gala. I heard that maybe there’s an interesting person that’s coming. I don’t know if he’s any good, but let’s see what happens. I got nothing to do, you know, Friday night anyway.

But someone sold you a ticket, so that’s why you’re here It is very simple. you know what are some of the specific skill sets then that a young entrepreneur should have that are most important for them to have to set themselves up for success the number one skill in business is the ability to sell period there’s no relationship between being good at what you do and getting paid there’s a huge relationship between being good at what you do being able to sell and getting paid some of the highest paid people in the world they’re not the best at what they do they’re the best at selling what they do as an entrepreneur if i have a product i need to sell to the marketplace and why did you buy my product if i need a loan to go to i go to the bank i need to sell the banker why they should loan me the money to expand or to start my business.

if i vendors i need to sell my vendors why did you give me better terms if i have employees i need to sell my employees why they should perform why they should follow me and follow my mission and go with where i see the vision i want to go you’re selling every day period that’s our number one skill that we need and yet most entrepreneurs you ask them so why should i buy your thing uh because it’s good and then they go on and they don’t know anything about it not that it’s not their fault it’s just they’ve never taught on on how to come and not just beginner entrepreneurs by the way because i advise consult with so many entrepreneurs i don’t care multi-million dollar 10 20 million doesn’t matter i said sell me what you got they can’t articulate it they can’t sell it so that’s that’s a problem right.

if you can’t even sell what you do then how do you how do you get your people to sell what you do it’s impossible you should be the number one salesperson for your company steve jobs is the number one salesperson for apple period when he was remember the iphone back then it is a product announcement yes revolutionary it’s not a product announcement it is a sales presentation he’s selling the iphone to the world.

for the first time elon musk that’s how you see them cyber truck yeah elon well although how many scenic accidents right number one skill and then afterwards of course financial literacy being able to refinance financial statements leadership negotiation marketing i could go on but number one skill is sales does that make sense problem is.

1-Skill-Every-Successful-Entrepreneur-Must-Have

1-Skill-Every-Successful-Entrepreneur-Must-Have

when i say the word sales what comes to mind door-to-door what comes to mind stymie what else yes snake oil used car salesman so it is the number one skill that we need and yet the minute we think about cells it’s like eel is it like such a dirty word i don’t want to be a sales person i don’t want to sell anything well sales equals income when i hear someone an entrepreneur i start out entrepreneur and they say i don’t want to sell anything you’re broke guarantee as i want to say you’re broke because that means you might as well say i don’t like income it’s no different they say i don’t like income because here’s my belief and you don’t have to buy my belief.

but i believe if you truly believe in what you do you’re morally obligated to sell it it is your duty to sell it if i believe vince you should drink eight glasses of water a day for your well-being and i sell water i need to convince you and tell you why you drink the eight glasses of water a day now although you might say i don’t have time i i don’t i don’t drink i don’t it’s too inconvenient i have to go to the bathroom too many times i need to overcome those objections and convince you you should drink eight glasses water a day and my company provides the best water the cleanest water and to make that cell you may not even know you need it yet but it’s my job to educate you why you need it that’s certainty and then you drink eight glasses of water a day your health improves that’s the difference so you can’t help anybody.

if you don’t sell them you can’t help them if you don’t sell them so sales is not a dirty word it’s actually to me one of the most noble professions in the world that’s why i train so many salespeople it’s a beautiful profession nothing happens until a sale is made you’re here because someone sold your ticket you could stay home and watch netflix [Music] but someone saw you hey you should be at the gala i’ve i heard that maybe there’s an interesting person that’s coming i don’t know if he’s any good but let’s see what happens i got nothing to do you know friday night anyway but someone sold you a ticket so that’s why you’re here it’s very simple.

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