With thousands of entrepreneurs in the world, only 3% make it over a million dollars. What’s the secret? We’ll learn from today’s guest, Lance Tyson, President and CEO of the Tyson Group. Lance has a wealth of experience in entrepreneurship and is a long-time sales veteran who has trained sales talent for some of the biggest names in professional sports and entertainment, like the Dallas Cowboys, Cleveland Browns, New York Yankees, Miami Dolphins, and the San Francisco 49ers, just to name a few. His passion is developing sales professionals so that they can take their organizations and careers to the next level.
Let’s dive right in and learn from Lance how Salespeople and Doctors have more in common than you might think.
Things you will learn in this episode:
[00:01 - 06:09] Opening Segment
I introduce today’s guest, Travis Chappell
Trained sales talent in big-name sports
Areas of training and leadership
Announcement: travischappell.com/makemypodcast
Lance gives some background on his life
Entrepreneur dad and working mom
Supported to be an entrepreneur
Joined the marines
Went to college
Started an import/export business first
Influenced by how his dad was raised
[06:10 - 15:33] The Sales Savvy Entrepreneur
Lance’s advice for people trying to find their path
Lance’s experience in the education world
Not big on college
Go after your passion with a plan
Becoming a Sales savvy entrepreneur
Learning in a real-life setting
Lance talks about the resources you can find
The wealth of knowledge even on this podcast
Access to resources
You will fail before you succeed
The odds play vs Craps play
Luck and timing
Lessons Lance has learned along the way
Sharing goals and interests with the wrong people
Working with family
Shifting to a style of having to earn trust rather than giving it
[15:34 - 23:10] The Value of Having Mentors that Value You
Lance continues the story of his entrepreneurial journey
Brokering overseas business
Getting hired as a salesperson
Tired of the rat race
Interest in Self Growth and Training
What Lance learned from his mentors
You will be successful
Owning 25% equity in his business
Going off on his own
Too big to fail
Having mentors that value your success
Keeping score every year
[23:11 - 30:37] What Salespeople Doctors Have in Common
Lance talks about his sales process
Sales is an Away Game
Getting into the mind of the buyer
The health care analogy
It’s a practice just like a doctor
Connection, evaluation, diagnosis, and prescription
How this practice ties into my podcast
Summarizing the doctor analogy as it applies to sales
Lance’s story helping a business
Cutting a deal without asking
Giving people premium options
[30:38 - 34:57] Closing Segment
Who you know or What you know?
Who wants to know you
Lance’s story with the chamber of commerce
The RaNdoM RoUnd
Where to find Lance - links below
Remember to upload and tag us on Instagram!
Final words
Tweetable Quotes:
“I’m not big on college… if you have a plan and a passion, I think you go after it.” - Lance Tyson
“Like business, medicine’s a practice… The sales process follows a diagnosis - so it’s connected, evaluate, diagnose, and then you get to some level when you're giving advice to somebody like a doc would, where you prescribe.” - Lance Tyson
“You look at it as how can I help the person, the avatar, the ideal client - how can I help that person get the number one thing that they desire. And if you do that I PROMISE you paychecks that are gonna be really, really big!” - Travis Chappell
Resources Mentioned:
How to Win Friends & Influence People
Sales is an Away Game - Lance Tyson
You can connect with Lance on LinkedIn, Twitter, and Instagram . Visit https://tysongroup.com to learn more about his space.
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