Vision Board Irritation - Sales Influence Podcast - SIP 585

Vision vs. Mission Board

1. A vision board displays aspirational items like a Bugatti or mansion, while a mission board breaks down daily activities to achieve those goals, such as making 27 calls per day to close 20% of deals and earn $20,000/month.

Sales Pipeline Breakdown

1. To afford a $240,000 Bugatti, one must earn $20,000/month for 12 months, requiring 4 sales per month with an average commission of $5,000 each and maintaining 20 deals in the pipeline with a 20% close rate.
   
   
2. Achieving the Bugatti goal necessitates making 600 calls per month to get 20 deals in the pipeline, closing 4 deals monthly with a 20% close rate.

Daily Sales Activities

1. With 22 working days per month, a salesperson must make 27 calls per day to reach the required 600 calls per month for maintaining the necessary pipeline.
2. The sales funnel breakdown shows that 30 calls lead to 10 meetings, resulting in 1 closed deal at $5,000, illustrating the importance of consistent daily activity to achieve long-term goals.