Seth Preus - Independent Agent€¦ · Leonardo DaVinci. MOTIVATION “the general desire or...

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Seth Preus

Transcript of Seth Preus - Independent Agent€¦ · Leonardo DaVinci. MOTIVATION “the general desire or...

Page 1: Seth Preus - Independent Agent€¦ · Leonardo DaVinci. MOTIVATION “the general desire or willingness to do something.” MOMENTUM Progress that is the result of working toward

Seth Preus

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Dirty Little Secret

You. Cannot. Motivate. Anyone.

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Motivation

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Influencer

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What YOU do and want YOU want

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What YOUR TEAM does and YOUR TEAM wants

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How?

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Going to Explore:

• Motivational Triggers

• 3Ms Cycle of Motivation

• How to Apply all of this

P.S. You’re already using a method I’ll go through. I’ll show you

how to do it better.

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S C E N A R I O 1

A TYPICAL SALES

FRAMEWORK

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S C E N A R I O 2

MOTIVATORS

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Extrinsic Motivators Intrinsic Motivators

2 Types of Motivators

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Extrinsic

Motivators

• Salary

• Commissions

and bonuses

• Incentive trips

• Benefits

• Vacation time

• Public

recognition

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The What

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• Accountability

• Mastery

• Progress (Momentum)

• Contribution

• Autonomy

• Purpose

Intrinsic

Motivators

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Accountability “I am reliable”

I do what you say I am going to do

I do what I say I am going to do

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Mastery

“I’m good at my job”

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Progress (Momentum)

“I’m going places”

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Contribution

“I’m needed”

Doing my jobPART

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Autonomy

“I’m self-directed”

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Purpose

“My work matters”

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The Why

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Extrinsic Motivators Are:

Easy to implementEasy to communicateEasy to understandEasy to measure

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But, Extrinsic Motivators Are Also:

• Dependent on circumstance• Illusion of control• Temporary• Progressively less impactful

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Extrinsic Motivators Are

Easy and Iffy

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Intrinsic Motivators Are:

More significantMore enduringRetention, morale, client satisfaction

FREE!

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But, Intrinsic Motivators Are Also:

• “Fluffy”• Not related to money • Not plug and play

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Intrinsic Motivators are Effective and Esoteric

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When we communicate to the “why” we are talking directly to the part of the

brain that controls behavior.

Simon Sinek

Author, Speaker,

Organizational Consultant

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Mission is to Make Money

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MIVATION.COM

Individual

Goals

12%

Commissions

10%

EXTRINSIC

Team Goals

18%

Activity Plans

30%

43%

EXTRINSIC +

INTRINSIC

Baseline

INTRINSIC

Accountability

Mastery

Contribution Accountability

Progress

Mastery

MAGIC

FORMULA

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Does this work for everyone?

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Stars – 10% of your team

Top performersDrivenSuccessfulProactive

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Strivers – 40% of your team

Trying to become starsPositive

Eager to learnCoachable

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Strugglers – 40% of your team

Poor performersFrustratedNegativeHaven’t quite given up but….headed in the wrong direction

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Slugs – 10% of your team

They’ve given upUnengagedDon’t know

Don’t care

Living That

Slug Life

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Stars Strivers Strugglers

Motivational Framework Works For

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The 3 Ms Cycle

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MASTERY

One can have no smaller or greater mastery than mastery of oneself.

Leonardo DaVinci

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MOTIVATION

“the general desire or willingness to do something.”

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MOMENTUM

Progress that is the result of working toward achieving even more.

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The 3Ms Cycle

Mastery

Motivation

Momentum

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Data Drives Decisions

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Data Drives Decisions

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43%

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RISK

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Fitness Business

Performance Parallels

CommitmentDiscipline

ConsistencyIntrinsic & Extrinsic Motivators

Responsive to the 3Ms

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Jerome:“I have a proposal for you. I want to pay you $300 to help me get in shape.”

Seth:1. “I’m not going to charge my friend money!”

2. “$300 isn’t nearly enough.”

3. “I don’t want to do it.”

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• I can take you to the gym

• I can teach you nutrition

• I can teach you the exercises

But, I can’t make you want it

• You can take your reps on appointments

• You can teach your reps about the products

• You can train your reps on the sales techniques

But, you can’t make them want it

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Signed:

Jerome CarlileJerome Carlile

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• Set a goal

• Create a specific routine

• Regularly measure the results

The Plan

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MasteryMotivationMomentum

MasteryMotivationMomentum

MasteryMotivationMomentum

MasteryMotivationMomentum

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51% of workers feel they are unappreciated

Free!

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Millennials

Compliments are Currency

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The Sales Competition

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MoreMoney

ForThe

Company

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Think beyond individuals –Create Teams

Office vs Office

Experienced + Newbie

Sales vs Service

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Vs.

Vs.

Vs.

A Players A Players

B Players B Players

C Players C Players

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MIVATION.COM

Individual

Goals

12%

Compensation

10%

Team Goals

18%

Activity Plans

30%

93

43%

EXTRINSIC +

INTRINSIC

Baseline

INTRINSIC

Accountability

Mastery

Contribution Accountability

Progress

Mastery

EXTRINSICMAGIC

FORMULA

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Daily Activities

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MIVATION.COM

Individual

Goals

12%

Compensation

10%

Team Goals

18%

Activity Plans

30%

95

43%

EXTRINSIC +

INTRINSIC

Baseline

INTRINSIC

Accountability

Mastery

Contribution Accountability

Progress

Mastery

EXTRINSICMAGIC

FORMULA

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Records

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passion

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MIVATION.COM

Performance

Job Satisfaction

Happiness

Passion

Mechanics of Motivation

Mastery

Progress

Contribution

Autonomy

Purpose

$$$

Recognition

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passion

patience

Diligence

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Got Purpose?

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Mastery, Motivation & Momentum

Data Driven Decisions