How many times has this happened?You’re trying to schedule two meetings on the same day and
you anticipate the first meeting will take about an hour and you estimate that
you’ll be done by 3pm.You then
need to set a time for the second meeting so you start the following scheduling
exercise in your mind:
Okay, if I’m out of the meeting and in my car by
3:00 I should beat rush hour.
Without traffic I should be able to make it in
20 minutes.
But this is downtown Atlanta and there’s
construction going on.
Hmmm…last time it took me about 20 minutes but
that other time I got caught in traffic and it took me 45 minutes.
Although there was that one time when I saw
Client X and I was able to make it in 15
You know what,…I’m going to give myself 30
minutes.
Wait a minute; I’ve never been to this new
location so maybe I’ll need another 5-10 minutes to find the location.
Maybe I should give myself more than 30
minutes.Last time I went to see a
new client it took me 20 minutes to find the office
Let me play it safe and tell the customer I’ll be at their office at
4pm; I should be able to get there in an hour.
Whether you’re in sales or not, does any of this mental to-and-fro
sound familiar?Now, the day of
the meeting arrives and you end up arriving at the second customer’s location
in 1:20 minutes instead of the hour you predicted.
The difference in what you predicted and what actually occurred is
called a Prediction Error.Arriving 20 minutes means that the next time you’re in a similar
situation you’ll remember to adjust your timeframe accordingly.
Now lets go ahead and look at what’s going on inside your brain when
planning your next side-by-side meeting.The next time you have to schedule a second meeting, your brain will
recall from memory, the last few times you were in this scheduling
situation.Depending on the
outcome of the previous attempts to make the second meeting, will determine how
much time you decide to give yourself.
In other words, your brain calculates a numerical rolling average based on
the results of the last few previous experiences.Every time you either arrive early or late, your brain tries
to reconcile the prediction error from past results and forecast what the new
time gap should be to get to the next meeting.
When you reflect on past results and they happen to be positive (i.e.,
you made the meeting on time) your mind is at ease.Your brain recognizes this situation from before (i.e.,
going from one meeting to another across town) and doesn’t feel anxious about
scheduling a second meeting close together.
On the other hand, if the last two or three attempts to make the
second meeting on time failed, your dopamine neurons will fire actively causing
you to feel anxious, which in turn will influence how much time you give
yourself when scheduling the next meeting.For example, if the last three times you were late an
average of 15 minutes, you’ll want to give yourself at least 20 minutes to
ensure you make it on time.
Interestingly enough, your most recent experience carry most weight
when predicting how much time you should give yourself the next time.Scans of brain activity usingfMRI
(functional magnetic resonance imaging) equipment confirm that when you’ve
reach your destination at the anticipate time, your dopamine activity is
low.But if in the past you failed
to make the second meeting on time, your dopamine neurons are firing.You may have forgotten about getting
their late last time, but your brain hasn’t.
Whether dopamine neurons are triggered or not will depend on the
last 5-7 experiences with the majority of the influence coming from the most
recent results; say the last 2-3 attempts.
So our perception (i.e., our predictive process) of what will happen the
next time you attempt to schedule a second meeting on the same day isn’t based
on some long historical analysis (i.e., more accurate accounting over a longer
period of time), but rather on what recently happened the last few times you
tried to make it on time. That’s
just how our brain works; it will only go so far back in time.And, if being late cost us greatly in
the past, we are more likely to remember that experience which in turn will
influence how we feel (i.e., more anxious) and make decisions (i.e., more
cautious).
Sales Influence Effect
So what does scheduling foul-ups and the predictive error have to do
with selling?More than you
think!Since our past experiences
dictate how we behave in the future, it’s worth taking the time to see if we
are ‘remembering things’ correctly.
For example, many times, salespeople get into what is known as a sales
funk; they can’t seem to sell anything to anyone.The natural tendency would be to feel sorry for
oneself, followed by a pity-party in which they remind themselves how bad they
really are at selling.During this
funk they’ll also recall with vivid clarity the last few sales attempts and how
poorly they performed.They’ll look at how much they expected to close in terms of sales and
realize that they only managed to close a small percentage of those deals.From there it’s a short mental
leap to the conclusion that they aren’t any good at selling and maybe they
should change their career.
But much like the person trying to make the meeting on time and not
making it, salespeople commit the same prediction error by only looking back at
recent history.They’ll remember
the last 2 or 3 deals that went south, and conclude that they stink at selling.They too are committing a
prediction error by not taking into account, not only the last few deals, but
the last 5 to 10 deals they worked on and the percentage they closed.
Our mind is our worst enemy when it comes to our self-esteem and
self-worth.The mind’s tendency to
look at ‘recent’ events and not take a longer view of all past events is why we
often get down on ourselves.Our
mind is cheating us out of other victories by not going far back enough in
time.
At one time or another I’m sure we’ve all sat quietly in our offices
or home to take some mental accounting of what’s going on in our lives and how
we’re doing.Sadly, most of us are
fixated on the most recent events, which in turn affect how we feel going
forward.Since are brain is
programmed to look at recent events, it’s up to us to instruct that grey matter
in our skull to back and recall our past successes.
You’re better than you think; you just have a lazy, preconditioned
brain that only wants to remember recent failures.Here are some other examples of prediction error thinking:
Instead of going back a year or two, some
financial analysts go back only a few weeks or a month to predict how well the
market will do over the next year.
Corporate executives will look at the sales
results of the last two quarters and raise the following year’s quota by some
indecent amount.If they were to
go back a few years they may be able to see the cyclical patterns of an ebbing
and flowing marketplace.
Individuals will look at how much they’ve spent
on their credit cards over the last 2 months and create a budget.If they were to take the time and
go back 6-12 months they would realize that they’re spending more than they
know.
If you’re in a sales funk, forget the last 2-3 deals you lost and
focus on the last 10 deals altogether!Think back to that big, white elephant deal you bagged last year that no
one thought you could get?How
about that dead account that you were able to reactivate after 12 months of
zero sales?Do you see where I’m
going with this?
It’s up to you to force your mind, your brain to look farther back.Instead of hanging your disposition on
the latest streak of bad deals, go back in time and recall all the other deals
that went right.Staying positive
REALLY IS about looking backwards to go forward, but only if you go back far
enough to recall past successes and wins.
Take some time to contemplate and reflect on what you have
accomplished in the past by scanning a longer time horizon in your mind.If you do, you might begin to feel a
surge of excitement and enthusiasm; that’s the dopamine in your brain signaling
other parts of your brain that you’re better than you thought you were and
Shazam, you’re back in the game (i.e., the hunt).
Hobgoblin Warning
Studies have shown that when you’ve gone through a traumatic sales
experience (i.e., lost a huge deal or client), your brain doesn’t forget quite
so easily no matter how long ago the incident occurred.Extremely negative outcomes have a
deleterious affect on how we as people, or salespeople to be more specific, see
ourselves.Unfortunate events, unfortunately,
can become mental hobgoblins that toy with our confidence and affect our
performance in the future.The
only defense against past failures is to be vigilant, if not mindful, of how these
past failures attempt to sour our present sales mindset.Force your mind to stop and include, in
that inventory of past failures, those times when you did score the big deal or
close the one deal that couldn’t be closed.Challenge yourself, your thinking, by remembering all the
good things you’ve done and all the deals you managed to close.By including a true accounting of your sales past, you’ll be
able to fend off those moments when you lose a deal or are feeling down about
yourself.