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The American Contractor Show

The 7 Habits of Highly Effective Sales People – Butch Lockhart

πŸ“… January 8, 2021 ⏱️ 52:17 🎀 Butch Lockhart, John Dye, Nathan Thibodeau

Chapters

Click to jump to section

  • 0:00
    Intro & the Summit stage preview
  • 3:34
    Butch Lockhart takes the stage (42 years in roofing)
  • 6:51
    Practical ways to view your business
  • 9:35
    'The times they are a-changin'': lessons from the 60s
  • 11:15
    Old way vs. new way of doing business
  • 15:06
    Follow up on every proposal & track your closing ratio
  • 17:19
    Putting the customer first: real value
  • 18:27
    Educating customers: shingles, ventilation, warranties
  • 23:22
    Best-better-good: presenting options in reverse
  • 26:04
    The 7 habits of highly effective salespeople
  • 30:55
    10 habits of effective roofing leadership
  • 39:56
    Legacy & what to do now

Speakers

B
Butch Lockhart
Independent manufacturer's rep, Roof Solutions (42-year industry veteran)
J
John Dye
Host, The American Contractor Show
N
Nathan Thibodeau
Co-host; Coach, Contractor Coach Pro

Key Takeaways

✦

Follow up on every single proposal - each estimate costs several hundred dollars to produce, so treat it as an investment that deserves a payoff.

✦

Track your real closing ratio: many salespeople claim 50% retail but the industry average is closer to 25%; sort every quote into a clear 'yes' or 'no' and eliminate the 'maybe' bucket.

✦

Sell real value like a good car salesperson would - present what's in the customer's best interest, not what's easiest or highest-commission for you.

✦

Educate customers beyond shingle color and price: polymer-modified shingles, attic ventilation (93% of U.S. roofs are improperly ventilated), quality pipe boots, algae-resistant options, and honest warranty terms.

✦

Present options in reverse - best, then better, then good - so numbers don't cloud the customer's thinking before they've seen the top option.

✦

The 7 habits of highly effective salespeople: make a good impression, keep a positive attitude, take notes, keep commitments, know your stuff, always be honest, and never quit until you know why you won or lost.

✦

Effective roofing leadership rests on a four-legged stool: sales, operations, intelligent financial structure, and marketing - miss one and the business tips over.

✦

Build a positive team culture and an internal 'selling system/university' so every rep represents the company your way as you scale from 2 to 20 salespeople.

✦

Seek wise counsel, maintain integrity and life balance, and focus on legacy - what you leave behind and how you're perceived, not how much money you made.

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