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Michael F. OKeefe - Sales & Marketing: Learn What You Need in 2 Hours

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You have a brilliant idea and are ready to invest all your time and hard-earned cash. But what if you arent really sure how to market or sell that stunning service or perfect product? What if you are a bit of an introvert and arent even sure that you can sell it at all? In this essential guide, youll learn how to:

  • Train and coordinate a sales and marketing team.
    • Establish prices and profit projections.
    • Get and keep customers.
      Each of the books in the Crash Course for Entrepreneurs series offers a high-level overview of the critical things you need to know and do if you want to survive and thrive in our super-competitive world. Of course, theres much more to learn about each topic, but what youll read here will give you the framework for learning the rest.
      Between them, Marc A. Price, Michael F. OKeefe, and Scott L. Girard, Jr. have successfully started 17 companies in a wide variety of fields. Scott was formerly executive vice president of Pinpoint Holdings Group, Inc. Mike founded OKeefe Motor Sports in 2004 and grew it into the largest database of aftermarket automotive components in the world. Marc has launched seven companies of his own and collaborated with the Federal government, U.S. military, and major nonprofits and corporations.
  • Michael F. OKeefe: author's other books


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    CRASH COURSE for ENTREPRENEURS

    SALES AND MARKETING

    CRASH COURSE for ENTREPRENEURS

    SALES AND MARKETING

    Learn What You Need in Two Hours

    Scott L. Girard, Jr., Michael F. OKeefe
    and Marc A. Price

    Series Editor: Scott L. Girard, Jr.

    A Crash Course for EntrepreneursFrom Expert Business Advice Starting a - photo 1

    A Crash Course for EntrepreneursFrom Expert Business Advice

    Starting a Business

    Sales and Marketing

    Managing Your Business

    Business Finance Basics

    Business Law Basics

    Franchising

    Business Plans

    Time and Efficiency

    International Business

    Supplemental Income

    Social Media

    Web-Based Business

    Copyright 2012, Scott L. Girard, Jr., Michael F. OKeefe, and Marc A. Price

    www.expertbusinessadvice.com

    ISBN: 978-90-77256-37-4

    The Expert Business Advice trademark is owned by Expert Business Advice LLC and is used under license.

    Disclaimer: While every attempt has been made to verify the accuracy of information in this book as it goes to press, the authors and publisher cannot guarantee its future accuracy. Please consult competent expert advice before taking decisions in response to the advice herein.

    All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording, or use in an information storage or retrieval system, without prior written permission from Nova Vista Publishing. Address .

    Distributed by Career Press, Inc., 220 West Parkway, Unit 12, Pompton Plains, NJ 07444, U.S.A., www.careerpress.com

    D/2012/9797/2

    Printed in the United States of America

    20 19 18 17 16 15 14 13 12 11 10 9 8 7 6 5 4 3

    Cover design: Wouter Geukens, Boris Bakker

    Text design: Softwin

    To Bill, Ken, Tim and Scott, Sr.

    Contents
    Foreword

    ENTREPRENEURS USUALLY ARE GIFTED in the essentials of the businesses they start. But their success cant rest on that alone. They usually become jacks of all trades, gradually acquiring a working knowledge of all the facets of their businesses.

    So if you are thinking of starting a business, or have one running already, youll understand why this book exists. If your personal strengths are in the area of sales and marketing, youll find it a quick refresher that will help you rethink some things and learn others. If sales and marketing are new challenges for you, youll be glad you invested the two hours or so that it will take you to read it, and youll no doubt come back for re-reads many times in the future.

    You may be doing the sales and marketing yourself, or if you have a larger company, you may manage salespeople or a sales managerand the same for marketing. Whatever your scale of business, having a strong grounding in the thinking and practices of sales and marketing people will make you a more effective leader and do-er.

    When I met Scott, Mike and Marc, I knew before they told me about the 17 businesses theyve collectively started that these were talented, insightful, seasoned entrepreneurs. We quickly agreed to develop the Crash Course for Entrepreneurs together.

    The aim of this series is to give you high-level overviews of the critical things you need to know and do if you want sell and market your offering in this super-competitive world. Of course, theres much more to know about every topic we visit here, but we believe that what youll read here will give you the framework for learning the rest. A Resources section and a Glossary will ensure you can ground yourself in the essentials. And the co-authors website, www.expertbusinessadvice.com, offers expanded support for entrepreneurs that is updated daily.

    Entrepreneurs vary widely in what they want to do. Your dream may be to start a very small, one-person service, perhaps doing home maintenance or day care or accounting from your home. You may have developed or discovered a high-tech breakthrough that will need years of testing and dozens or hundreds of people to bring to market. This book sees the intrinsic value and challenges of both styles of business. It will definitely help you sell and market well, so you can make the most of your opportunity, whatever its scale.

    Most of the chapters in this book represent the authors collective experience and point of view, but a few are personal pieces. Youll find the initials of each author at the end of those. Heres a brief word from each of them.

    I remember when I fully understood what our series of books should accomplish. Mike, Marc and I had only decided that we wanted to write a series of books for people only moderately familiar with entrepreneurship and business. Multitudes of books already exist on basic levels of business practices and procedures. We knew that writing another one of those books wouldnt really serve anyone or change anything, no matter how well written it was.

    On the morning that I got it, I was drinking coffee and reading the news; the television was on in the background. I glanced up and saw a commercial for a foreign language software program in which, instead of learning by simply repeating vocabulary, the student is culturally immersed in the language, holistically surrounded with concepts of all manner of things applicable to the subject. In short, they dont list facts and terms and call it teachingthey show the student a vast array of information, on a multitude of levels, allowing her to bathe in knowledge.

    I knew then that instead of presenting a bunch of facts that we think you should know about sales and marketing, we should take a more holistic approach and help you immerse yourself in these critical aspects of business. Our method is most effective if you read this book cover to cover, skipping nothing. If you reach a chapter and either think it doesnt address your needs, or you think you know everything there is to know about the subject, read it anyway. Itll only take a minutethats why the chapters are not lengthy. It will enlighten and organize your thinking, either way. Youll see important concepts woven through various discussions, as they holistically fit in.

    If youre hoping to read a book and immediately become the worlds greatest salesperson or marketing guru, this book isnt for you. If your goal, however, is to quickly understand and feel familiar with the basics, as your first stepping-stone to greatness, we believe that our book has no rival.

    I sincerely hope that this book will not only help you to successfully sell what your company offers, but that it also gives you pleasure and satisfaction as you learn how to do it better than you ever thought you could.

    Scott L. Girard, Jr.

    When we sat down and decided to take on the daunting task of writing a series of books for entrepreneurs and small business owners, I cringed. I thought, How can we ever reduce our advice and experiences to writing? And how can we cover it allcan we fit it into a book?

    Either way, we decided to get started, so each of us began drafting chapters related to our respective specialties and work experience. Only as the initiative continued did I discover a certain passion for sharing my advice in a personal way, trying to convey how it felt to plunge into selling and marketingto plan, execute, review, celebrate or correct, and try to do even better on the next round.

    I hope that this book will capture your interest, provide valuable information, and share practical, effective techniques for selling and marketing what you produce and deliver.

    Mike F. OKeefe

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