Selling In The Modern Age? 16 Tips For Success According To Business Experts

Selling In The Modern Age? 16 Tips For Success According To Business Experts

Though selling has evolved from bartering for resources to exchanging currency for products and services, the fact remains that salespeoples’ approach to selling hasn’t necessarily evolved with it. This is especially true when a strategy has worked time and time again. However, as times change, so do customers. Being open to adopting new methods to capture potential customers and retain current ones helps ensure that a salesperson is able to foster long-term business relationships. To help salespeople embrace varying selling practices, 16 Forbes Business Council members each share one piece of advice for the “modern salesperson.” Members pictured from left to right. Photos courtesy of the individual members. 1. Remain Empathetic And Consistent The art of selling is not about the product or service you are selling. It is about the person’s ability to be empathic with customers by understanding their needs and offering solutions for those needs as well as consistently turning every "no” into an opportunity to improve the selling points. Business is made by people, so a buying decision can still be influenced by emotions. – Magda Paslaru , THE RAINBOWIDEA 2. Build Rapport With Potential Customers Build a personal rapport with potential customers first before […]

Study says red states smash blue states as the best for business start-ups

Study says red states smash blue states as the best for business start-ups

Small business owners explain why banning gas stoves isn’t for everyone 00:00 00:0004:06GO LIVE Facebook Twitter Email Embed SpeedNormal Autoplay WalletHub’s "2023’s Best & Worst States to Start a Business" it out, and suggests that if you want to start a business, you should target red states. In this study, WalletHub compared the 50 states across 27 key indicators of startup success to determine the most fertile grounds in which to launch and grow an enterprise . The top five best states to start a business, beginning with #1, are: Utah, Florida, Texas, Colorado, and Idaho . Just one of these, Colorado, is under Democrat control. The top five worst states to start a business, beginning with #46, are: Rhode Island, New Jersey, West Virginia, Connecticut, and Alaska. Just two of these, West Virginia and Alaska, are under Republican control, and Alaska has unique geography and climate. The three broad categories used to reach this conclusion are: business environment, access to resources, and business cost. Of the three, the only category that had a strong showing from blue states was "access to resources." "Business environment" was calculated by comparing data such as five-year business survival rate, job growth, and […]

Trump confirms efforts to return to Facebook, says ban was ‘major business mistake’

Trump confirms efforts to return to Facebook, says ban was ‘major business mistake’

Former President Trump shared his efforts to return back to social media platform Facebook, saying in an interview that his ban from the social media platform was a “major business mistake.” Trump confirmed his latest push in an interview with Fox News published Wednesday, claiming that the social media platform, owned by Meta Inc., lost $700 billion since he was banned. “If they took us back, it would help them greatly, and that’s okay with me,” Trump told Fox News. “But they need us more than we need them.” Trump also told the media outlet that various social media platforms such as Facebook, Twitter, and Instagram made a “major business mistake” by banning him. Trump was banned from Twitter and Facebook a day after the Jan 6., 2021 attack at the Capitol, where a mob of his supporters stormed the building in an effort to stop the certification of the 2020 election results. Before his suspension, Trump and officials in his administration had been constantly spreading misinformation about the 2020 election results, alleging the election had been stolen from the former president. “It has been considered a major business mistake for them, Twitter, and others,” Trump added. This comes […]

A 24-year-old entrepreneur says working fewer hours and capping her revenue was the key to increasing her profits

A 24-year-old entrepreneur says working fewer hours and capping her revenue was the key to increasing her profits

Alice Benham realized restricting her revenue would improve the profits of her small business. Alice Benham’s digital-marketing business took off in 2020 after she launched an online course. But her profits suffered after she paid higher taxes and employed more staff to maintain revenue. Benham shared how she reorganized her finances to take home more money while working fewer hours. Sign up for our weekday newsletter, packed with original analysis, news, and trends — delivered right to your inbox. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Alice Benham, a marketing consultant, realized she needed to take an unconventional measure to rake in higher profits: reduce her revenue. Earlier in the pandemic, Benham said she invested "every hour" into her marketing-and-strategy business, which she started in 2016 at just 17 years old. Benham told Insider she launched her first online course in September 2020 and made £15,000, or about $18,400, on the first day, which was double […]

SF Business Owner Arrested After Caught Spraying Unhoused Person With Hose

SF Business Owner Arrested After Caught Spraying Unhoused Person With Hose

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Capitola business owners say Biden's visit to Santa Cruz County is critical to storm recovery

Capitola business owners say Biden’s visit to Santa Cruz County is critical to storm recovery

President Joe Biden is set to land in California on Thursday to visit areas impacted by the recent atmospheric river storm, which includes Santa Cruz County. CAPITOLA, Calif. — President Joe Biden is set to land in California on Thursday to visit areas impacted by the recent atmospheric river storm, which includes Santa Cruz County. One area in the county Biden plans to visit is Capitola. Restaurants in Capitola are among some of the businesses that were hit hardest by the storms. Dominic King, owner of Mai Thai restaurant in Capitola, is one business owner who’s facing hundreds of thousands of dollars in damage. "It’s not just the incident itself, but it’s the how long the rebuilding is going to take. We’re going to have to be closed for a while," said King. King’s business is a family-owned restaurant that his mom opened up 14 years ago. This is the first year the business is being passed onto him, and he said it’s overwhelming to think about what lies ahead and how to pay for it. "We’ll need to replace all of our floors, a lot of our big equipment in the back. Like, pretty much all my refrigerators […]

A lot of fintechs “have to fix their business models,” say VCs who invest in fintech

A lot of fintechs “have to fix their business models,” say VCs who invest in fintech

Image Credits: Dan Brownsword (opens in a new window) / Getty Images In recent years, working for, or banking with, a traditional financial institution was decidedly uncool. Far cooler was working for or banking with one of the many fintech startups that seemed to thumb their nose at stodgy bank brands. Then the Federal Reserve hiked interest rates, stocks tanked, and a lot of fintech outfits that appeared to be doing well began looking far less hardy and hale . The question begged now is whether fintech as a theme has lost its mojo. According to VCs Mercedes Bent of Lightspeed Venture Partners, Victoria Treyger of Felicis, and Jillian Williams of Cowboy Ventures, the answer is resoundingly “no.” In a panel discussion hosted by this editor late last week in San Francisco, however, the investors didn’t sugarcoat things. Led by moderator Reed Albergotti — technology editor of the news platform Semafor — all three acknowledged a variety of challenges in the industry right now, even as they outlined opportunities. On the challenges front, startups and their backers clearly got ahead of themselves during the pandemic, Albergotti suggested, observing that fintech was “going gangbusters” when “everyone was working from home” […]

How businesses can work with sports communities to become social change-makers

How businesses can work with sports communities to become social change-makers

Crowdsource Innovation Sport has an enduring power that helps heal divides, spark conversations and catalyse change. Business leaders can harness that power to enable sports communities to be changemakers. Together, they can forge purpose-driven partnerships to help conquer seemingly insurmountable challenges on behalf of players, fans, communities and the planet. In 1994, following years of apartheid, South Africa elected its first black president. Faced with healing a divided people and fortifying a young democracy, President Nelson Mandela, who had been incarcerated for 27 years, saw an opportunity in an unlikely place: the 1995 Rugby World Cup and South Africa’s fledgling Springboks Rugby Club. The story, immortalized in the 2009 film Invictus , is a testament to the enduring power of sports to help heal divides, spark conversations and catalyse change. Today, as we face a fragmented and challenging moment in history, business leaders can again harness that kind of power to enable sports communities to be changemakers. Of course, as Mandela knew, doing so comes with challenges. Sports are not immune to the complications and contradictions of society at large; on the contrary, sports hold up a mirror to many of humanity’s greatest struggles. Over the last few years, […]

Russia plans to send its strongest tanks to drive around Ukraine but is too scared to put them in combat, UK intel says

Russia plans to send its strongest tanks to drive around Ukraine but is too scared to put them in combat, UK intel says

A T-14 Armata tank rides through Red Square during the Victory Day military parade in Moscow, Russia, on May 9, 2017. Russia may deploy its new T-14 Armata tanks in Ukraine, British intelligence said Thursday. But it is "unlikely to trust" the tank in combat given problems in its development, it said. Per the update, the Armata will most likely just be there to show off in propaganda footage. Top editors give you the stories you want — delivered right to your inbox each weekday. Something is loading. Thanks for signing up! Access your favorite topics in a personalized feed while you’re on the go. Email address By clicking ‘Sign up’, you agree to receive marketing emails from Insider as well as other partner offers and accept our Terms of Service and Privacy Policy . Russia may be about to deploy its newest and most powerful tanks to Ukraine, the UK’s defense ministry said on Thursday — but with a catch. The update from UK officials said that the T-14 Armata may soon be seen in Ukraine, but probably wouldn’t feature in any actual fighting. —Ministry of Defence �� (@DefenceHQ) January 19, 2023 The ministry cited satellite imagery showing […]

Blackstone is predicting steady growth for its real-estate business, which could be bad news for its tenants

Blackstone is predicting steady growth for its real-estate business, which could be bad news for its tenants

It’s almost Friday! Dan DeFrancesco in NYC, and I’m pouring one out for the death of the world’s oldest person — Sister André — who passed away at the ripe age of 118 . (Pro tip: She drank a glass of wine every day.) Before we kick things off, I’d like to flag that some of our colleagues are seeking nominations for their rising stars in public relations. Click here to learn more. On tap, we’ve got stories on why Goldman Sachs is banking on its wealth business , a new set of MDs at a big bank , and some beer (sort of) to get you through dry January . But first, the rent is too damn high! If this was forwarded to you, sign up here . Download Insider’s app here . 1. Blackstone vs. tenants. There are few professions in the world that receive as much hate as landlords. While tow-truck drivers, parking enforcement officers, and journalists (but hopefully not this one!) might rank high on the list, you’d be hard-pressed to find an occupation that is more maligned than residential property owners. Now imagine if your landlord wasn’t just some mom-and-pop family that owned your […]