Episode 585
Vision Board Irritation - Sales Influence Podcast - SIP 585
August 20, 202510m 45s
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Show Notes
Vision vs. Mission Board
- A vision board displays aspirational items like a Bugatti or mansion, while a mission board breaks down daily activities to achieve those goals, such as making 27 calls per day to close 20% of deals and earn $20,000/month.
- To afford a $240,000 Bugatti, one must earn $20,000/month for 12 months, requiring 4 sales per month with an average commission of $5,000 each and maintaining 20 deals in the pipeline with a 20% close rate.
- Achieving the Bugatti goal necessitates making 600 calls per month to get 20 deals in the pipeline, closing 4 deals monthly with a 20% close rate.
- With 22 working days per month, a salesperson must make 27 calls per day to reach the required 600 calls per month for maintaining the necessary pipeline.
- The sales funnel breakdown shows that 30 calls lead to 10 meetings, resulting in 1 closed deal at $5,000, illustrating the importance of consistent daily activity to achieve long-term goals.