Category: Inspirational Speaker

Insurance Industry Change: Virtually as Hard as You Make It

 

As a motivational insurance sales speaker and former member of the Million Dollar Round Table, I know that selling insurance is easily one of the world’s most intensive, public facing sales jobs. Though products vary from company to company, the most important product you can offer is you.

Then we come to the pandemic. Suddenly, your firm handshake, your trusty, effervescent smile and the friendly banter gave way to videoconferencing, email and a phone call or two. Who had time to prepare for COVID-19? No one. The screeching halt from face-to-face to virtual sales was calamitous. Some insurance industry sales reps determined to keep fighting; unfortunately, many left.

In an industry where new hire turnover rates are 30 percent after three months, once April 2020 hit, thousands of insurance sales reps joined the millions of sales reps in other fields who quit or walked away because selling was “too tough.”

What’s the Difference?

The online resource Business Process Incubator recently completed (as of July 9, 2020) an insurance industry sales survey entitled: How Difficult It Is For Insurance Companies To Go To Remote Working? The results are eye-opening but not unexpected. Let me summarize several of the challenges.

The survey found that it is hard for insurance sales reps to initially explain what was happening, but those who succeeded in overcoming the confusion during the earliest stages had more robust referral networks.

The survey found it is more difficult to sell an “intangible product” remotely. Customers and sales reps can’t share emotions. It is difficult to break through barriers. This is where a sales rep must focus on selling themselves, outworking the competition, and making a difference.

Managing data security is also seen as a big challenge. Insurance providers and their agencies must bolster security and hire more people to ensure confidentiality and protect extremely important customer information. To that end, sales reps must convey trust and instill confidence.

Working remotely is not easy for the sales rep or customer, however, sales reps can convey the convenience and the lessened stress in buying insurance online. In other words, a negative can be turned into a positive.

While some are challenged, others aren’t. According to the survey, the keys are flexibility and technical expertise. Sales reps must either embrace the challenges or get lost in the confusion.

So, what is the Difference?

It can be argued, of course, that the insurance industry and its sales reps live in challenging times, and that the changes faced everyday are enormous. But hasn’t it always been this way?

In what era has selling insurance been stress-free? In what year have so many customers flocked to us that we didn’t have to work? Truth is, there are insurance sales reps who have a winning mindset, and some who don’t.

The insurance industry has always relied on people with vision who have the determination to succeed. If we look at the points raised in the survey, it’s clear that each challenge in the present-day world of virtual insurance sales can be overcome.

The science community has shown tremendous determination and grit to arrive at several promising vaccine candidates. The challenges against them were many. Yet, they persisted and they are close to winning.

Your mission as insurance sales reps is to be inspired to rise up in a similar manner. The difference is you. Stand up to the challenges – and win!

 

Scott Burrows, Motivational Insurance Industry Sales Speaker, is available for virtual or in-person sales meetings. Contact Scott today through this website or by calling: (520) 548-1169.

The Biggest Healthcare Challenges Are Found in Us

 

It is impossible to say how many times I’ve delivered keynote speeches on Healthcare Challenges when an audience member might ask, “Scott, have you ever seen a greater healthcare challenge than the one we face?” Invariably, they are referring to a specific disease or a set of government regulations.

While I’m as concerned as anyone else about a disease outbreak or a set of government regulations, those issues are transient and they will get solved. What is often the bane of a healthcare system are those who lack vision, the determination to correct problems and the grit to pull together each day, every day.

A Quick Review of Longstanding Challenges

To illustrate the point above, I will review the major healthcare challenges as outlined by three top-notch organizations. Managed Healthcare Executive magazine lists those challenges as: the need for costs and transparency; improving consumer experience; delivery system transformation; data and analysis; consumer data access; and holistic individual health. Healthcare Success lists the challenges as: changing consumer behaviors; HIPAA marketing limitations; underinvestment in the healthcare market; reviews of doctors from online sources; and the overall product. Finally, Becker’s Hospital Review lists: controlling hospital costs; healthcare regulatory challenges; medical and technological advancement challenges; training and education challenges; and ethical challenges.

When comparisons are made with these and many other sources I gathered, what strikes me are the similarities. In fact, each list of challenges can be easily condensed to five or six common items.

Those with vision should anticipate the need for transparency, changing consumer patterns, and training and education. Those who are determined to overcome healthcare challenges will get ahead of healthcare regulatory challenges, HIPAA marketing limitations, and streamlining data and analysis. Healthcare professionals who develop the grit to overcome what is ahead will confront ethical challenges, improving the overall product and improving customer service.

Nothing that Can’t Be Accomplished

When I was recovering from my terrible accident, relatives, friends, teammates and hospital staff routinely visited or offered care. I was grateful for every one of them. However, I quickly learned that their opinions ranged from “Scott, don’t expect too much” to “Scott, you’ll be playing professional football before you know it.”

I realized that opinions, no matter how well meaning, were external to my situation. It was in rehab where I developed my philosophy of vision, determination and grit. I bring up this point as illustration of the larger healthcare challenges our industry faces.

We can all opine at industry meetings about continuing staff training and educational challenges, or how marketing will be increasingly affected by HIPAA issues. But there must be a plan in place whether a large clinic, pharmaceutical company or major teaching hospital. More specifically, the plan must include a vision as to how the challenges will be met, a determined effort to implement every step to overcome those challenges, and the grit to get it done.

I recovered beyond expectations not because I am special, but because I realized to overcome challenges, we must strive to be exceptional. Healthcare’s biggest challenges are in us, but you would be amazed just how good we can be.

 

To book Scott Burrows, Motivational Healthcare Change Management Speaker for your next industry meeting contact us through this website or by calling: (520) 548-1169

 

 

In Sales, Some Things Change; Resilience Doesn’t

 

As a motivational speaker on resilience and grit, I know that of the many qualities a salesperson needs, resilience – and the daily grit to remain resilient – are never mentioned enough. Perhaps it’s because resilience, the skill of being flexible, isn’t thought of as being cool. It is, and in fact, business resilience yields huge benefits.

Get Tough

I’d like to open these thoughts on resilience and grit by quoting Gary Galvin, CEO of Galvin Technologies:

“While salespeople will find success when they lead with empathy, they’ll find greater success when they respond with resilience.”

He is on the money. When I was in the insurance and financial services industry, I qualified for the Million Dollar Round Table through the resilient pursuit of my sales goals. Of course, I was sympathetic to situations involving my clients, but it was far more important to be flexible to their needs, and to put in the effort to immediately respond to questions and changes.

If I was going to be successful as a salesperson, I had no choice but to develop a flexible mindset.

Michael F. Kay, wrote an article for Forbes magazine (11/7/17) entitled: “Resilience Is A Mindset Of Awareness And Practice.” Kay listed several ways in which this mindset can be nurtured. Among the top methods for cultivation of resiliency are increasing our sense of control: you are not powerless when your sales plans change, you can change with it; it is important to maintain perspective in a changing situation; and you must develop a positive self-concept.

I would also add that if you are part of a sales team, associate with those who also have a flexible mindset. It is easy to be surrounded by negative or inflexible people. They cannot help you. The winners on your team will see opportunity even in adversity.

Get Gritty

However, to be resilient also requires the grit to keep going and to see the big picture rather than the immediate problem. Kori Miller, writing for Positive Psychology, presented a wonderful summary of grit as a component of resiliency:

“Grit is about sustained, consistent effort toward a goal even when we struggle, falter, or temporarily fail.

Resilience is our ability to bounce back after we have struggled, faltered, or failed. It is being able to pick ourselves up, dust ourselves off, take a moment or two to collect ourselves, and then get back to the business of pursuing our goal. It involves optimism.”

We cannot be resilient without grit nor can we possess a “gritty mindset” without resilience. As any successful salesperson knows, in real life we may misquote an important benefit, miss an appointment or inadvertently park in the CEO’s parking space. Those things unfortunately happen. It is how we respond to those struggles that count, whether it amounts to making a detailed correction, profusely apologizing (without fabrication) or sending a dozen roses.

In the end, resiliency and grit are about the courage to stand up after you have been knocked down and to keep smiling.

 

To hire Scott Burrows, Inspirational Keynote Speaker on Resilience and Grit for your next industry meeting, connect with his office today through this website or by calling: (520) 548-1169

 

Customer Service Opportunities Win Customers for Life

 

As a motivational customer service speaker, I’ve based keynote speeches on important lessons I first learned in the insurance and financial services industry, and later as a co-owner of an international export company. Customer service means we must always be prepared to go above and beyond the call of duty.

When I was in export sales, my company sold a container-load of a custom-blended fertilizer to a client in Singapore. When the product arrived, it was as hard as concrete, unusable. To save the relationship, we modified the product and shipped them another container load. No one expected us to do it. We lost money at first, but we impressed the client and kept what turned out to be a long-term client relationship.

When it comes to separating yourself from the competition, you must have the vision to see yourself delivering quality customer service and the grit to discipline yourself to customer service excellence.

An Amazing Experience in Dallas

Opportunities to deliver excellent customer service are everywhere. My next keynote speaking engagement may include the following true story.

Not long ago, I was honored to speak at two events at the Grand Old Opry Convention Center in Nashville. Following the second talk, my voice started to crack and it felt as though I was coming down with a chest cold. For a keynote speaker, losing your voice is catastrophic!

I had to catch a plane to Dallas that afternoon to speak at a huge conference the next day. By the time I exited the airport my voice was completely gone (“Oh, great, I’m going to stand-up 1,000 people!”). I used the ride-sharing app and the driver quickly picked me up. I wrote on my iPhone:

“Help! I lost my voice. Can you please take me to an urgent care center near my hotel?”

The hotel was about 30 miles away. It was just the start of an amazing adventure.

As he’s driving, he asked if I was sick. I nodded my head.

“Please sir, let me take care of you. I know what it feels like to get sick in a town where you don’t know anyone.”

He turned off the ride sharing system, so he went “off the grid,” so to speak. He found an urgent care center, then parked, and waited for me. I was diagnosed with a respiratory disorder and given a prescription. He then drove me another five miles to a pharmacy that had groceries. He asked me what I needed in addition to the medicine, then he went around the store and got me snacks plus salt for gargling, honey and tea.

He drove me to my hotel, parked the car, and helped me check in. He took me up to my room and carried my bags. On my iPhone I wrote, “From the bottom of my heart I want to say thank you, for your kindness.”

I carry a $100 bill in my pocket for emergencies. He refused to take it!  I whispered, “I know you did this out of the courtesy of your heart, but I’m in a position to pay. I want to respect you for your time. Please don’t be insult me by refusing. I would feel terrible.”

He finally took it and gave me his personal number. He said if I needed any assistance whatsoever while I was there to please let him know.

He was originally not from this country. He wasn’t rich, but he was determined to give me what he had to give: himself. It is the essence of customer service. We don’t give customers our company mottos, or promotional pens, we give them ourselves.

I will never forget how he made me feel. You’d better believe that if I am ever in a position to help him, I will.

He sold me on himself.

 

Book Scott Burrows, Motivational Customer Service Speaker through this website or by calling: (520) 548-1169

 

 

 

Adversity Builds Character: What You Can Learn From It

It’s not too much of a stretch to say that you’ll find very few people who actually appreciate adversity. Why would anyone want that? No sane person would want problems. And often, people wish for the day they have everything they desire, no wishes left ungranted.

To many, that’s the very definition of heaven: a place of bliss and peacefulness without disease, war and want. So, who in his right mind would want adversity?

Adversity is the opposition to progress — or so it seems.

The idea that adversity actually builds character and a more meaningful life has been around for more than two thousand years. The first inkling of such an idea seemed to have come from the ancient Greeks, specifically the Stoics. We now think of someone as “stoic” if they face adversity with a positive attitude (or at least without complaining).

So yes, adversity can build character. But how does that work? Why do problems present an opportunity to build one’s person, one’s character?

Stoics would say the obstacle is the way. The idea is that in facing an obstacle, one learns important lessons about themselves — about how they approach and solve problems. It’s not such a far-fetched idea if you think of it this way: An obstacle isn’t just a meaningless challenge or an annoyance, but also represents your limits. The obstacle literally refuses for you to pass unless you find a way around it, over it or through it.

The very experience of meeting your obstacle head-on and thinking about where you want to go opens up new avenues of thought, new ideas, new perspectives. The mind is a problem solver. It desires to uncover any question, any challenge and any problem. And from that new set of thoughts come new beliefs about your abilities, about how you treat others and what your responsibility is to them and yourself, and about your purpose.

This belief gives birth to a new resolve about your purpose, your desires and your actions. It all comes together into a conviction that turns into a strength that is visible for everyone around you to see. When you embrace the challenge that adversity places in front of you and do your best to overcome it, you have literally taken on a new character.

If you let it, adversity opens you up to a new life where your thoughts, words and actions bear new fruits you never would have thought possible. That’s how adversity builds character, which, in turn, leads to a new life with bigger and better possibilities.

Take a look at real-life adversities people are facing every day. Real people are facing real problems. How can this adversity lead to character development and a better life?

For one thing, there are no guarantees in life. But as long as you don’t give up on yourself and on others, there’s always a possibility — and opportunities are still there to be had. The realization that you’re not powerless even in a tough situation is incredibly empowering and transformative.

The reality is there are people in the world today who have faced similar adversity to your own, and somehow they overcame them. They might say that there seems to be some luck or fate playing its part. But I would like to think more often than not, we create our own luck or at least set ourselves up to have a “luckier” outcome.

If you open yourself up and let the adversity you’re facing shape your perspective in a positive way, you too can find a path that not only helps you deal with the problem at hand, but actually changes your character for the better.

To contact Scott Burrows, Inspirational Overcoming Adversity Speaker, contact his office today through this website or by calling: (520) 548-1169

What Will It Take for You to Reach Your 2020 Goals?

 

The Mindset of Success

As a motivational speaker on setting sales goals and sales achievements, I am a believer in developing a goal-setting mindset before anything else, and having the determination to see it through. I am not alone in this way of thinking.

Business writer Jason Alten recently discussed what he considered to be the seven most important goals for any sales person to reach their full potential. The first goal was simply this: “Start with the end in mind.” To quote in part from his comments:

“Ask yourself what the end result you’re looking to realize is so that you can make decisions and set goals that will help you get there. Too often businesses set goals that aren’t connected to the overall vision of where they want their business to be in a year, or even the next quarter.”

If you lack the mindset, the overall vision to define where you want the business to go in the months ahead, as well as the determination to reach your long-term goals, the results could be poor at best.

Kristen Baker in her sales article entitled, “The Ultimate Guide to Setting and Hitting Sales Goals” asks:

“What’s one thing virtually every business does — no matter their industry, target customer, or product or service? They set goalsGoals ensure employees are driven, on-task, and producing work that impacts the business’s bottom line. They also ensure your business is constantly striving to grow, improve, and most importantly:  boost revenue.”

Who Will Take Charge?

While both Jason Alten and Kristen Baker are correct in that without having the mindset and the determination (or drive) to set goals there will be lackluster results, I would add an additional dimension.

When I began in sales. I had only recently been discharged from rehab after an automobile accident that left me a quadriplegic. In the hospital, going through months of rehabilitation, I realized it wasn’t just a matter of mindset and vision, or even determination that would see me through, but the daily grit to make that happen.

My physicians and physical therapists could only do so much for me. It was up to me to develop the grit through good days and bad to reach my goals.

I was successful in the financial services and insurance sales industry; in fact, in just five years I made it into the industry’s Million Dollar Round Table (MDRT). I applied the same lessons I learned in my rehabilitation to setting my sales goals in as a financial adviser.

I had to develop the vision to see myself getting better each day, the mindset to do what needed to be done to realize the vision, and the determination to endure the many sessions and the pain associated with the rehab. But what moved and sustained me was the grit to grind it out and tell myself that some days would be good and some days would be rough. There was no choice but to keep going.

Grit must come from within. Grit will help every sales person reach their goals. The best of the best will have rough days, and grit will encourage you to stand up to it. Grit makes each sales person better than they ever thought possible. No one can give you grit, you must make it happen.

 

Meeting Planners: to book Scott Burrows, Inspirational Speaker on Setting Sales Goals and Achievements for your next meeting, contact him today through this website or by calling: (520) 548-1169