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    AT&T and Bell Merger; Can We Just Shut Down the FTC?
    Remember the big break of AT&T years the prior? All the commotion about a monopoly and what do we see today? A huge merger putting more pieces back together again and what is this Humpty Dumpty syndrome? No one seems to get it; all the Kings horses and all the Kings Men could not do it before, remember? Oh, but it is okay for the FTC to go around pushing our Corporate Nest Eggs off the wall?They attacked AT&T and Microsoft but really if you think about it the government regulators are complete morons? The AT&T break-up did not lower prices for consumers, it did not make service better and it did not help America. Now that the Telecom Industry is all screwed up and destroyed, it is okay to let them put the pieces back together again? Why did the FTC waste everyone’s time to begin with? What utter in competence indeed.With the Microsoft attack the FTC could not find a
    product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell t

    Accounting for Your New Business
    “I Can Keep It in My Head”No you can’t! No matter what size your new business is or will be, you’ll need to set up a system to keep track of your financial status. This must be done to prove your income to the government for tax purposes at the end of the year, to prove your status to the bank when applying for a business loan and to show you your own profitability and where you might make improvements to it. As you grow and perhaps incorporate, it will become the law for you to keep good accounting records and have them regularly audited by certified accountants.For now you don’t need that, but you might as well start out right.The Very Least You Can Get Away WithIn some situations, you don’t need to get a fancy accounting system. You can create a perfectly adequate system for accounting for your business with just a spreadsheet program, or even c
    Medical sales representatives all experience some level of intimidation at one time or another. This article will focus on why it occurs, the problems it can cause, and how to overcome it.

    Why Reps Get Intimidated

    Medical sales reps sell to experts in their fields. Whether we are selling to a physician, a nurse, or a certified technician in one specialty or another, we assume that they have far more knowledge about their chosen profession than we ever will. I’m going to focus on the physician for this article, since it is normally the physician who has the most education and training in his chosen field of practice.

    Let’s say that you are a new sales rep for a medical products company, or you were just given a product line, which is far different from what you have been selling. Knowing that we possess only a fraction of the knowledge that a doctor has about a given subject can be intimidating when our job is to offer him a solution for a problem. We know consciously that we are not an “equal” in his area of expertise. This kind of thinking can drop us down a notch from where we see ourselves as compared with the doctor.

    The doctor controls the environment in which we sell. We call on him in his office, or his clinic, or work with him in his operating room where he is King! Everyone you meet in that environment will treat him like the boss. We are selling to someone who is usually in control of his environment – and that can be intimidating.

    Speaking of control, if you are not an experienced, competent, presenter, the doctor will frequently take control of your sales presentation. When you lose control, that’s really intimidating – and frustrating!

    Also, we always know that the doctor, just like any other customer, has the ability to reward us (give us business), ignore us (not give us business), or punish us (take away business that we already have). Many reps feel like they are at his mercy (and to some extent you are, but so what!) and this can be very intimidating.

    The other intimidation element is that some doctors want to be intimidating. Many will treat sales representatives as second-class citizens by talking down to them in ways that suggest they are little more than glorified street vendors. Being treated like a peon does little for one’s self-esteem, and that can be intimidating.

    There are two problems with intimidation in sales. The first is that you don't feel very good about yourself. This also contributes to the second problem which is you don't sell very well because your lack of confidence is sensed by the customer and your intimidation short-circuits your sales abilities.

    The 3 Steps to Overcoming Intimidation

    1. Develop the Right Attitude You must consciously adopt an attitude that the customer, in this case the physician, is at least your equal as a human being. Treat him with the dignity and respect that he deserves, but see him as an equal, after all – you are both professionals!

    Attitude is not about “copping an attitude.” It’s about being confident. Too many medical sales representatives see the relationship with the physician as a one-way street where it is the doctor providing the rep with business. Aren’t you bringing something to the table as well? Do you offer products and services that help the physician improve the care he provides? Are you well versed in product knowledge that helps to educate the physician and his staff?

    Attitude is about seeing yourself as someone who can partner with the customer to help him get the job done. Sometimes he will act like he can get the job done without you, but realistically he can’t. Physicians require a vast team to take care of their patients and a big part of that team is the sales people whose companies manufacture the products he needs.

    “Can’t he buy those products from one of my competitors” you ask? Of course he can! But you need to believe in your heart that his doing so would not provide for his patients as well as you and your products can. Why? Because if you don’t believe that your offering is in many ways superior to your competitors’, even if it is only because you come with it, then why are you selling this product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell t

    How to Start a Mobile Oil Change Business; Strategic Planning
    Every automobile with a reciprocating engine needs an oil change to remain in good running order. So it stands to good reason that an oil change business might be a good one to start. Of course opening up a business with a location on a busy street and going through the planning process can be a real bear, no to mention set you back half a million dollars.For this reason many have considered starting a Mobile Oil and Lube Business instead of operating out of a fixed site location. As the Founder of The Oil Change Guys; a mobile oil change franchise business, folks looking to get started often ask me for advice. One recent notable inquiry of this type came from Virginia, a state which our firm has chosen not to register in to sell franchises, asks some very good questions which you might wish to consider for yourself if indeed you are thinking of starting a mobile oil chang
    of thinking can drop us down a notch from where we see ourselves as compared with the doctor.

    The doctor controls the environment in which we sell. We call on him in his office, or his clinic, or work with him in his operating room where he is King! Everyone you meet in that environment will treat him like the boss. We are selling to someone who is usually in control of his environment – and that can be intimidating.

    Speaking of control, if you are not an experienced, competent, presenter, the doctor will frequently take control of your sales presentation. When you lose control, that’s really intimidating – and frustrating!

    Also, we always know that the doctor, just like any other customer, has the ability to reward us (give us business), ignore us (not give us business), or punish us (take away business that we already have). Many reps feel like they are at his mercy (and to some extent you are, but so what!) and this can be very intimidating.

    The other intimidation element is that some doctors want to be intimidating. Many will treat sales representatives as second-class citizens by talking down to them in ways that suggest they are little more than glorified street vendors. Being treated like a peon does little for one’s self-esteem, and that can be intimidating.

    There are two problems with intimidation in sales. The first is that you don't feel very good about yourself. This also contributes to the second problem which is you don't sell very well because your lack of confidence is sensed by the customer and your intimidation short-circuits your sales abilities.

    The 3 Steps to Overcoming Intimidation

    1. Develop the Right Attitude You must consciously adopt an attitude that the customer, in this case the physician, is at least your equal as a human being. Treat him with the dignity and respect that he deserves, but see him as an equal, after all – you are both professionals!

    Attitude is not about “copping an attitude.” It’s about being confident. Too many medical sales representatives see the relationship with the physician as a one-way street where it is the doctor providing the rep with business. Aren’t you bringing something to the table as well? Do you offer products and services that help the physician improve the care he provides? Are you well versed in product knowledge that helps to educate the physician and his staff?

    Attitude is about seeing yourself as someone who can partner with the customer to help him get the job done. Sometimes he will act like he can get the job done without you, but realistically he can’t. Physicians require a vast team to take care of their patients and a big part of that team is the sales people whose companies manufacture the products he needs.

    “Can’t he buy those products from one of my competitors” you ask? Of course he can! But you need to believe in your heart that his doing so would not provide for his patients as well as you and your products can. Why? Because if you don’t believe that your offering is in many ways superior to your competitors’, even if it is only because you come with it, then why are you selling this product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell t

    Don’t Forget the Basics of Cover Letter Writing
    What do employers want to see in your cover letter? That seems to be the question a lot of job seekers ask. Here are some basics that will help you start writing your cover letter and propel you into applying for new jobs. Ask yourself the following questions so that your job search is off to a good start.What Job Are You Applying for Anyway?It’s a basic step but sometimes it’s left out on a cover letter. The hiring manager is left to wonder what the cover letter and resume they have in their hand is for. If they have to guess, then you can forget about getting a call for an interview. They are too busy to spend that much time on one candidate.Include the job you’re applying for towards the beginning of the cover letter. You could even make it a header to your letter. Make it apparent so the hiring manager doesn’t have to spend time looking for it.
    any will treat sales representatives as second-class citizens by talking down to them in ways that suggest they are little more than glorified street vendors. Being treated like a peon does little for one’s self-esteem, and that can be intimidating.

    There are two problems with intimidation in sales. The first is that you don't feel very good about yourself. This also contributes to the second problem which is you don't sell very well because your lack of confidence is sensed by the customer and your intimidation short-circuits your sales abilities.

    The 3 Steps to Overcoming Intimidation

    1. Develop the Right Attitude You must consciously adopt an attitude that the customer, in this case the physician, is at least your equal as a human being. Treat him with the dignity and respect that he deserves, but see him as an equal, after all – you are both professionals!

    Attitude is not about “copping an attitude.” It’s about being confident. Too many medical sales representatives see the relationship with the physician as a one-way street where it is the doctor providing the rep with business. Aren’t you bringing something to the table as well? Do you offer products and services that help the physician improve the care he provides? Are you well versed in product knowledge that helps to educate the physician and his staff?

    Attitude is about seeing yourself as someone who can partner with the customer to help him get the job done. Sometimes he will act like he can get the job done without you, but realistically he can’t. Physicians require a vast team to take care of their patients and a big part of that team is the sales people whose companies manufacture the products he needs.

    “Can’t he buy those products from one of my competitors” you ask? Of course he can! But you need to believe in your heart that his doing so would not provide for his patients as well as you and your products can. Why? Because if you don’t believe that your offering is in many ways superior to your competitors’, even if it is only because you come with it, then why are you selling this product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell t

    Problem Solving
    All of us solve problems in our daily and professional lives. Although we perceive some of them to be ‘big’ problems, most are not.What if you had the following problem to solve: You are asked to “fix” an IT (information technology) problem in your $250 million company. It seems all of your order processing and product distribution systems are unable to cope with your business volume and you expect to triple your volume in the next two years. This will require you to completely redesign a new system, somehow transition out of the old one, train everyone nationwide on the new system as you implement it, and coordinate the entire process between seven different departments.That is the good news. Here is the bad news; you have one year from the start date to design this custom, state-of-the-art system, write the code, test it, put together a training and transition pro
    street where it is the doctor providing the rep with business. Aren’t you bringing something to the table as well? Do you offer products and services that help the physician improve the care he provides? Are you well versed in product knowledge that helps to educate the physician and his staff?

    Attitude is about seeing yourself as someone who can partner with the customer to help him get the job done. Sometimes he will act like he can get the job done without you, but realistically he can’t. Physicians require a vast team to take care of their patients and a big part of that team is the sales people whose companies manufacture the products he needs.

    “Can’t he buy those products from one of my competitors” you ask? Of course he can! But you need to believe in your heart that his doing so would not provide for his patients as well as you and your products can. Why? Because if you don’t believe that your offering is in many ways superior to your competitors’, even if it is only because you come with it, then why are you selling this product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell t

    Franchising Pros And Cons
    You have decided to buy a franchise. Which one will you choose? There are so many out there. Are you going to go for a coffee shop or fast food outlet? What about an internet business, printing company or stationary?There are distinct advantages in buying a franchise over starting your own business from scratch. The greatest advantage is that most franchises are still trading after 3 years whereas most new start ups have ceased trading.What is a franchise?With a franchise you benefit from a proven business model and the experience of a larger organisation. You have to pay a franchise fee and a license fee to the franchisor to have the right to run their business model.In the UK companies like McDonalds, Prontaprint & KFC made franchising very popular in the 70s. Now you can find an outlet in nearly every town & city in the UK. Franchising is now one of
    product or service in the first place?

    So that is rule number one – when you walk into the doctor’s environment, you are a professional with equal standing as a human being. But you must make sure you are competent, which is the rule number two.

    2. Develop Competency Nothing reduces intimidation and improves your attitude like being competent! Competency in medical sales involves 3 areas:

    - Core knowledge about your market segment
    - Product knowledge
    - Professional selling skills

    Core knowledge includes everything you need to know regarding the market segment or specialty to which you sell. For example, if you are selling a line of products specific for cardiac surgery, then you need to learn cardiovascular anatomy and physiology and become knowledgeable regarding the different cardiac surgical procedures associated with your products. Learn the surgical protocol, potential problems and solutions, why one procedure is preferred to another, etc.

    Product knowledge is essential! No one that you sell to should know more about your product than you do! You must master all the aspects of your product lines including a familiarity with any competitors. Your products must be the area where “you are the expert.”

    Professional selling skills position you as a professional and place you in control when you are discussing your area of expertise – your products! When you have confidence in your ability to present your ideas, know how to prepare, and can handle any situation that gets thrown your way, little can intimidate you.

    3. Accept the worst that can happen Sales people get intimidated because they feel like they have something to lose, namely the customer’s business or any business opportunities in the future. Professional, competent sales people know how to leave the door open for future opportunities when they don’t get the sale or they lose some business to a competitor. Treat any failure to close new business or loss of business as a temporary situation. Let the customer know that you will be available when he needs what you offer, if not today, then tomorrow. Remember that you have other people to sell to in the mean time.

    Summary

    Intimidation results in medical sales when we diminish our opinions of ourselves when compared to others.

    Our job is to serve the customer by offering him those products and services that enable him to do his job, or do his job better. When we work with professionals and see ourselves as competent professionals as well, intimidation will be a thing of the past.

    The best way to overcome intimidation is to not be intimidated. Learn to project a professional and courteous attitude, and confidence in your abilities at all times. After all, you are a medical sales professional! © Mace Horoff, 2006

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