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Steve has learned from 40 years of business experience that God's way works. As an author, speaker, radio host, and business consultant...

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Steve Marr Blog

Steve Marr's contributions
Feb 10
2020

What Kills a Sale?

Posted by Steve Marr in Untagged 

When we try to make a sell, we can say more than necessary to move the customer toward saying yes and signing the order. However, every time we utter a phrase or a sentence to a prospect; we need to put ourselves in the customer’s position. The first thing our customer thinks should not be, “So what?” 

For example, I may say that my company has the best service; but if I haven’t said anything to prove this statement, the prospect may think, “So what?”  A furniture store salesperson may talk about how good the fabric on a chair is.  Again, the customer may think, “So what?” The salesperson’s job is to answer the “so what” question for every feature or benefit we point out to a customer. A customer may not care what type of fabric is on the chair, but probably cares a great deal that spills don’t become stains.

Jan 20
2020

Read the Employee Manual Carefully

Posted by Steve Marr in Untagged 

I know many people never read their employee handbook.  Instead they only dig into it if they’re unhappy about something and want to prove their point.

Any new employee, at any level in a corporation, should read and make sure they understand the employee handbook. Here are four reasons why this is important. 

1.      The handbook communicates the dress code and other behavioral standards.

Jan 13
2020

A Shark Tank Lesson: Valuation

Posted by Steve Marr in Untagged 

At times I watch Shark Tank. I enjoy the interaction and business lessons we can learn from the program. One common mistake many entrepreneurs make when entering the Shark Tank is asking for a ridiculous valuation. I’ve seen several shows where the sharks were interested in the idea; but the valuation was so high compared to earnings, no one was willing to pull the trigger and make an offer.

As a consultant I have encountered many business owners who, at times, have an unrealistic valuation of their business. Here is an example.

Jan 06
2020

Why I Don’t Join Committees

Posted by Steve Marr in Untagged 


Committees and local boards are always looking for new members who will go to their meetings and share the workload. Most of the time, I decline to join committees. However, I may offer to assist or cooperate with a committee in a specific way.  I just don’t have to go to endless meetings.
 
When someone does ask me to be on a committee, I ask several questions.  What do you want me to contribute to the group? How are the meetings conducted? Do you follow an agenda?  Is there a time budget for the meeting? Are there clear objectives for the gathering?

Dec 30
2019

Opioid Payments Fail Those Harmed

Posted by Steve Marr in Untagged 

News is full of stories about hundreds of millions of dollars of legal settlements between state and local governments against drug manufacturing companies. The allegation has been that these drug companies knowingly failed to disclose the full addictive nature of the pain medicine they sold. 

A major concern I have with these payments for alleged drug addiction actions by manufacturers is that the money does not go to those who were harmed. The payments go to government units which are free to use these funds anyway they wish.