Sales Lessons From My 5 Year Old

Children teach us a lot. They have a different and unique view of the world where they know and believe they can have anything they want. This view teaches entrepreneurs a lot about sales and life in general.

Businesses will steadily expand for entrepreneurs who understand how to close deals and train others to do the same. It’s imperative to master the art of selling. Entrepreneurs need to instill this art in their team and spread it throughout the company culture as their organization expands and scales. Recently, my five-year-old daughter brought to my attention a couple crucial sales lessons.

Two years ago, my daughter, Hailey, was involved in a photoshoot to help M & E Painting with a marketing and PR campaign we launched in Northern Colorado. A few weeks ago, I was driving to Dunkin Donuts with her for our Friday morning date. As we were driving, I asked her if I could use one of the photos from that shoot for my new book coming out in December. She immediately asked me, “How much are you going to pay me?”

This was no surprise to me, she is my daughter and we have imparted the value of hard work and entrepreneurship into both of our children. I responded by asking, “What do you want?”

“$100,000!”, she replied.

We continued to talk about the requirements for earning that much money, and I questioned her about how we may go about doing it. We talked about up-front payment vs. royalty, profit sharing, and promoting book sales over donuts. We came to an agreement at the end of our date.

Here are a few lessons she reminded me of that day about sales:

  • You will close nothing if you never ask, so ask, always ask.  Do you always ask?
  • Asking for a donut is no different than asking for $100,000 or $1,000,000 and Hailey saw no difference between the two. She has not constricted her dream due to measuring the outcome. Do you?
  • Never stop after the first try, the second try, the tenth try, keep asking, be persistent.  Are you?
  • When everyone wins and receives value, selling is not needed, business just happens.  Are you creating winning scenarios for all sides?
  • Everything can be negotiated to create a win-win for all.  Are you doing this?

After donuts, I drove Hailey to school and was inspired and ignited to go out and build my company even more.

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