Business Developers: Do You Talk Too Much?
By Mike Schultz and John Doerr
Willy: I don't know why - I
can't stop myself - I talk too much. A man oughta come in with a few
words. Charlie's a man of few words, and they respect him.
Linda: You don't talk too much, you're just lively.
Arthur Miller - Death of a Salesman
We
all have sympathy for poor Willy Loman in Death of a Salesman. He knew
he talked too much, but he couldn't figure out why. And he couldn't
stop talking too much even though he wanted to be like Charlie - a man
of few words - who was respected by all.
When business
developers talk too much, they generate too few clients. So why do
those of us trying to develop business constantly find ourselves in a
similar position? Perhaps because, like Willy, we do not understand why
we talk too much. Let's start there.
Why We Talk Too Much
At
first 'selling' was not on many of our radar screens when we chose our
career paths as professionals. Many of us chose our professions because
we liked the work and, over time, became very good at it. What made us
good and successful was being expert at what we do.
Yet, when
we are asked to become business developers, we experts find ourselves
at a loss for what to do and what to say. So we end up going on and on.
Most professionals fall into the 'too much talk trap' for one or more
of the following reasons:
I need to show my expertise: Of
course, you do. How else will the prospect know if you are any good?
However, clients at first want to know whether you are a good fit for
working with them as much as evaluating your level of technical
competence.
I like to hear myself speak: Your prospect
may even like the sound of your voice for a while, but after a few
minutes, he or she may be looking for the door. If you look around the
room after a while and the prospects' eyes are glazing over, your
melodious voice has lost its luster.
I get nervous, so I talk:
If this is the case, explore why you are nervous? Are you not
comfortable with business development conversations? Are you
uncomfortable talking to senior level managers? Do you not know your
services very well and the value they provide? (And please don't think
that, if any of these are true for you, you are less of a competent
professional. Almost all rainmakers felt like this when they got
started generating clients.)
I have no plan or objective:
There is a saying in sales, "if you don't have a plan, stay in the
car." When you enter into a business development conversation and you
are not sure where you want to go or what you want to accomplish, the
conversation meanders everywhere and ends with neither clarity of
purpose nor helpful action steps.
I easily get distracted:
Much related to the previous point, if you don't have a plan, you can't
be sure what you are trying to communicate. Thus, any new topic that
gets introduced in the business development conversation can lead down
time consuming and fruitless paths.
I don't talk too much, I am lively:
Yes, indeed, you may have a dynamic, effervescent personality that
springs forth in every conversation. Don't hide your personality; just
learn to share it in easy to swallow doses. Your prospects will
appreciate your liveliness even more.
These are just some of
the reasons we tend to talk too much when we are in business
development conversations with current or prospective clients. Other
reasons people talk to much are they don't like silence, they feel the
need to cover perceived objections, or they simply have too much too
say.
The key for you is to understand why you, specifically, talk too much. That way you can develop a personal plan to cut down on the soliloquies.
What We Miss When We Talk
You
may be thinking, "So what if I talk too much. I am, after all, a very
good consultant (lawyer, accountant, technology service provider) and I
know my stuff. Isn't it important for my prospects and clients to know
what I know so they can understand what I can do for them?" Perhaps,
but here is what you miss when you do too much of the talking.
Opportunity to build trust and rapport:
Buyers don't just buy your services, they buy a trusted advisor
relationship. If you are doing all the talking, you will not pick up on
the signals that indicate what in a relationship, besides your
expertise, is important to your client. You miss the connection - the
rapport that you can build.
Plus, everyone loves to talk about
themselves; to tell their story. If you do not give prospects a chance
to do so, they often feel ignored, overwhelmed, and most importantly,
unheard. This is not a very good way to start relationships.
Uncovering needs:
When professionals enter initial business development conversations,
many have strong knowledge of what they can do for clients, but
understandably only a vague notion of what the client truly needs. If
you are doing all the talking, you can only guess which components of
your service set will offer the greatest value for the client.
You
miss the chance to craft something special for them. And if you don't
know all the needs, you miss out on building larger solutions (and thus
generating the most revenue possible.)
The chance to demonstrate what it is like to work with you:
What better way to engage potential clients than to have them
experience what it is truly like to work with you as their trusted
advisor. When you listen, show interest in a client's issues, and ask
insightful questions, you provide the prospect with a glimpse into the
real you.
How Not to Talk Too Much
Assuming you would like to break the habit of talking too much, what next?
Approach business development conversations like client conversations:
Before you engage a business development conversation, think to
yourself, "If this were a client meeting, and I needed to get a full
picture of the client's world before going forth and building a
solution for them, how would I approach it?"
Approaching the
conversation this way, versus thinking, "I am now selling a new
client," will help the conversation move along more naturally, keep you
from talking too much, and help you avoid sounding too 'salesly'.
Balance advocacy and inquiry:
While you don't want to talk too much, you don't want to give the
prospective client the third degree with question after question. A
good business development conversation should have the client talking
more than you, but clients are also looking for your insight. Just make
sure you wisely and appropriately choose how much wisdom you impart,
and how much air-time you take to impart it.
Ask open-ended questions:
The goal is to get the client to start talking. So when you ask
questions, avoid asking closed-ended questions like "do you do this or
that." Instead ask questions like, "tell me about what you do in this
area" or "what expectations do you have when working with us" or "how
do you go about" or "tell me about the most difficult aspect for you
when you..."
You'll be surprised at how much you will find out,
how much it will help you generate more clients, and how much it will
help you be the best service provider for them.
Become overtly conscious of your air time:
If you've gone on for more than two minutes (yes, 120 seconds) without
a very good reason, simply cut it off. Sometimes we head down a path
and we think to ourselves when we start talking, "OK, I started
discussing this and it will take me 10 minutes to explain...how did I
get here again?!" Avoid letting this happen, but if you start down the
path, get off as quickly as possible.
Practice your conversations:
We heard recently from a participant in our sales training program for
professional service providers, "I hate role playing, but it was
helpful and useful." Nothing is better for getting good at something
than practicing. Find a way to practice and you'll find yourself
talking the right amount and listening the right amount.
Seek coaching:
Many of us can point to a time when a more senior business developer,
after seeing us lead a sales conversation, gave us a piece of advice
that made a significant difference in our conversation approach and
success. Seek out this kind of coaching. Either from someone at your
firm or an external business development coach, the right feedback can
help you win more clients and sell more services, sometimes
immediately.
Be genuine in your approach: Professional
services business development is not about learning old-style 'selling'
techniques, but about developing relationships with clients that lead
to fruitful business interactions. Whatever style you use in your
business development talking approach, make sure it fits you like an
old shoe. The best conversations you will ever have are those you have
when you are really being you.
We all know, the more we listen
to our clients, the more we can help them. So listen to your clients
even before they are your clients. Ask open ended questions. And be
wary of talking too much. Listening more than you talk will help you
win more clients, and you will transition seamlessly from business
developer to trusted service provider.
If all else fails, just remember "Charlie's a man of few words, and they respect him."

