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AmextaFinance > Small Business > A Golf Course-Inspired Guide To Closing Deals
Small Business

A Golf Course-Inspired Guide To Closing Deals

News Room
Last updated: 2023/10/25 at 4:50 PM
By News Room
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Gaurav Kumar is the founder and CEO of Beyond Codes, Inc. and the author of the book Sales Lessons From Golf.

Contents
Lesson 1: Patience is the key.Lesson 2: Be accurate and consistent.Lesson 3: Develop relationships on the fairway.Lesson 4: Handle the rough patches.To Conclude

In the business world, success is often compared to a game of golf—a journey filled with planning, precision and an unbreakable dedication to hitting the perfect stroke. And, in a sales context, it may be closing that one big deal.

As the founder and CEO of a B2B appointment setting and lead generation company aimed to increase business revenue, I’ve learned key sales lessons from an unexpected source: the golf course.

Imagine a beautiful sunny day on a golf course. The air is crisp, and the greens stretch out in front of you, promising a world of possibilities. On a day like this, I found myself trapped in a golf game with a client who would eventually become a long-term partner.

That day, I found that selling is a lot like golf. The more you practice, the more you understand how much you have to learn. We maintain scoring and measuring our sales measures or KPIs like golf to stay updated and ahead of the curve.

Allow me to share some of the most useful lessons I’ve learned about enhancing my sales game and closing deals in the business world.

Lesson 1: Patience is the key.

Golf is a game that requires patience. Patience is rarely connected with sales, which requires time. And time is money. However, there are benefits to being patient. Unlike golf, you can’t win the sales game on your first attempt. It might take time to convince your prospects of the value your product/service will bring. Closing deals means patiently waiting for the right time, nurturing relationships and accepting that not every swing will result in a hole-in-one.

Like golfers diligently plan each stroke, successful sales professionals thoroughly organize their sales strategy. They know that not every prospect will convert right away. Pushing prospects to buy from you to meet targets will likely lead to playing dubs and duffs. Sometimes, you must play the long game, slowly building trust and rapport.

Lesson 2: Be accurate and consistent.

It’s not about hitting the ball the longest; it’s about hitting it consistently and precisely. And it takes time to get there. Developing a pre-shot routine allows you to set up a rhythm, which increases consistency and accuracy. This notion is applicable in sales, where consistency in approach can make or break a deal. While playing golf, you might experience obstacles like water hazards, sand traps and out-of-bounds regions. Similarly, you face rejections in sales, but you must persevere in closing deals.

You build a brand reputation as a business by offering continuous value to your prospects and clients. Pro golfers enjoy every swing without expecting immediate results. In the same way, every company must follow a precise strategy throughout their sales process without expecting instant results. And see the transformation unfold.

Lesson 3: Develop relationships on the fairway.

Also, on the golf course, I’ve learned that it’s not just the game but socializing with the people around you throughout those nine or 18 holes. Yes, golf is a social activity that allows you to make personal or professional relationships that can lead to a long-term business partnership.

Golf courses offer a more casual or less formal atmosphere than a traditional office setting. This may help establish a more relaxed and friendly relationship between the salesperson and the client. Both golf and sales depend on your capability to build and nurture relationships. As I said above, establishing relationships with playing partners is essential for golf networking. Similarly, taking the time to understand your client’s needs and developing a genuine relationship will lead to effective sales deal closes.

Lesson 4: Handle the rough patches.

The golf course isn’t always a piece of cake. As in golf, there are days when you make fantastic strokes and days when you don’t. Similarly, every business faces challenges like rejection call drops while sales pitching or calling. In such scenarios, calmness and a positive attitude are necessary when the road ahead appears hazy. Keep yourself composed, step back, assess every up and down situation and modify the sales strategy per the client’s business.

A golfer uses different golf clubs depending on the circumstances they’re in on the golf course. Similarly, an experienced salesperson understands when to adjust their sales approach and try new techniques to achieve success. It is all about adjusting and implementing the right strategies or processes at the right moment to achieve the best results.

To Conclude

So, what is the end purpose of every game? It is to have fun and relax. Our journey through these golf-inspired lessons for sales highlights the importance of having fun while selling. While closing deals is important, we must also be careful how we approach our sales efforts.

Our sales techniques can be more rewarding if we integrate patience, accuracy, consistency and relationship-building. Sales professionals can find happiness in nurturing client relationships and responding to challenges, much like a golfer who enjoys every swing and values the camaraderie formed on the fairway. Applying these skills lets you complete deals and create some of the most memorable moments in your professional and personal lives.

Forbes Business Council is the foremost growth and networking organization for business owners and leaders. Do I qualify?

Read the full article here

News Room October 25, 2023 October 25, 2023
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