Michael O'Connell is truly passionate about business development and always eager to connect with other entrepreneurs and sales professionals. He is always interested in hearing from former colleagues, managers, or just interesting creative folks.
Accomplished sales and management professional with a solid track record in sales, product representation, product positions, and new business development. Skilled in maintaining integrity, strength, and a strong public image. Equally strong qualifications in general management and organizational development.
Top takeaways:
- Defining your hustle and being self-aware
- How to get great financing for your business
- Going forward in life and connecting with others through networking
Episode Highlights:
[00:00] Intro to Michael’s background
[03:23] How he turned that business model into a ground sky's franchise
[04:45] Reaction when hearing other sales guys be wildly successful
[06:25] Experience of getting picked up as a regional sales manager for service finance company
[07:25] Financing in the home improvement industry
[08:45] How to leverage financing in a sales conversation
[10:53] Use the bank's money vs an affordable monthly payment with less risk
[12:42] Knowing your customer, knowing your client
[13:56] Truly know commissions, your marketing, your overheads.
[16:43] Skills needed to run the business for long term
[19:46] Identifying what is your purpose for wanting to be a leader
[22:15] Why he decided to advertise that free roof inspection,
[34:16] Methods to cut back on employees when needed
[47:04] The need to talk longterm affordability
[50:13] It's okay to call out a promotion offer, but also offer a monthly installment operation.
[53:29] Benefits to the contractor as a credit card company
[56:29] Advantage when everything's done electronically it's instant approvals
Stand-Out Quotes:
“Birds of a feather flock together. I'm a firm believer that entrepreneurs who want to grow their business, seek out other entrepreneurs who want to grow for their business.”
“what we're seeing with, with homeowners in America is that all politics aside there's been an economic shift as far as income versus previous generations. And so we're seeing the savings accounts be less and less.”
Connect:
https://www.linkedin.com/in/michaeloconnellsells/