On this installment of RRH, we’ve got the fabulous Ned Arick, Head of Growth over at ClozeLoop. And today we dive into what most get wrong about routines.
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What's up human.
Amy:Welcome to the revenue real hotline.
Amy:I'm Amy UFF check.
Amy:More importantly.
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Amy:This is a show about all the hard and uncomfortable conversations that arise
Amy:while generating revenue and how to think.
Amy:Or rethink what you're doing, why you're doing it.
Amy:And then of course, how to execute differently.
Amy:And like I said, I'm happy you decided to come along for the ride.
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Amy:Don't tell anybody about the show.
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Amy:I'm Amy UFF check.
Amy:This is the revenue real hotline.
Amy:Enjoy
Amy:Ned Eric, welcome to the revenue, real hotline, um, new friend that
Amy:I am like pretty obsessed with.
Amy:Welcome.
Amy:Thank you for making time for us.
Amy:Yeah.
Ned:Thanks so much for having me Amy.
Amy:All right.
Amy:So why don't you share with our listeners a little bit about who you are and
Amy:what you do, and then we'll dive right
Ned:into it.
Ned:Yeah.
Ned:So my name is net Eric.
Ned:I am the head of growth.
Ned:At close loop.
Ned:Head coach at our new founder sales accelerator, as well as our new small
Ned:business accelerator close loop.
Ned:Um, and I also run all of our trainings at close loop as well.
Ned:So I wear quite a few hats and I can honestly say I love every single
Ned:one of those hats mm-hmm and, uh, it's been a, an absolute blast
Ned:to, to be with Corey and Hillman.
Ned:I, I actually hired Corey to be my individual sales coach.
Ned:Okay.
Ned:Two and a half, three years ago now.
Ned:And, uh, Then, you know, finally got to the place where Cory gave me a call and
Ned:said, how about you come do this for, uh, for a bunch of companies instead of
Ned:just trying to grow your own company.
Ned:I said, got it.
Ned:And I, the rest is history.
Amy:That's amazing.
Amy:That's amazing.
Amy:So listeners, I thought I, when I was looking at my calendar yesterday and
Amy:preparing for the day, I, I, I thought Ned was somebody else like that.
Amy:I met at a conference last week and so.
Amy:When I got into prepping for the episode, like everything, I'm gonna play this
Amy:Ned, I'm gonna play the audio from that, that social proof video on the website.
Amy:Yeah.
Amy:So listeners just listened to this.
Amy:So we evaluated all the big names.
Amy:It.
Amy:A sales training and enablement and closed loop quickly became
Amy:the unanimous partner for us.
Amy:And one of the big reasons why is because they actually use what they teach.
Amy:Um, and it actually works.
Amy:And so originally.
Amy:Uh, discovery was our biggest known gap across our sales process.
Amy:Our reps were really struggling with discovery and closed loop by far ran
Amy:the best discovery session with us.
Amy:And so I'm happy to happy to report that since January of 2019 and with
Amy:the help of closed loop, just two quarters later, uh, we decreased our
Amy:sales cycle by 35%, which was massive.
Amy:Right.
Amy:And that was all about using the velocity plan health frameworks.
Amy:We increased our close rate for 17% to 25%.
Amy:And that is a significant amount of ARR add to our business.
Amy:And we're looking at ARR all up, which is, you know, the ultimate metric
Amy:that we use to evaluate success.
Amy:Uh, we increased ARR by 160%.
Amy:Since engaging with closed loop, so phenomenal, phenomenal results.
Amy:They then came back on site.
Amy:In January of 2020 to run a demo session.
Amy:So we found a new muscle with discovery, and now it was really about
Amy:identifying and you know, that the next challenge, and that was all about demos.
Amy:And we were losing the majority of our opportunities after demo.
Amy:We increased our close rate from that original 25% now to 31%.
Amy:Uh, and that was only a quarter later.
Amy:After the second time they came onsite.
Amy:Um, we also were able to let less opportunities into our funnel.
Amy:One of our big challenges that we're letting too much in, who we're just
Amy:demoing for the sake of demoing.
Amy:And so we were able to create a lot more focus.
Amy:We, we, um, brought that number from 33% to 44% of our opportunities being
Amy:disqualified from the start, which I actually think is a, is a really
Amy:good stat for letting less garbage.
Amy:And so to speak.
Amy:Um, and then in competitive situations, When there's a known competitor.
Amy:Uh, in our sales cycle, we increase our close rate.
Amy:15% to 25% so strongly differentiating ourselves.
Amy:And then now, since.
Amy:Since COVID sorry.
Amy:Uh, and with the help of closed loop.
Amy:Um, you know, we went back to our original playbook.
Amy:At closing, closing, help us with.
Amy:And we were able to pit a quickly.
Amy:To to to position ourselves as really being able to help our customers for short
Amy:term costs and business runway extension.
Amy:Right?
Amy:And because of that sort of pivot in messaging that to pivot in our stance
Amy:we were able to put up just recently in q3 of this year the best quarter
Amy:in company history which is amazing.
Amy:Uh, In september was our best month and company history That's been truly an
Amy:amazing result here With the help of our friends over at the closed loop and so
Amy:all in all Uh, Couldn't be more happy with our partnership You know they came
Amy:in they leveled up our entire Salesforce.
Amy:you see it in the numbers Uh and they continue to be a real true partner to
Amy:us right they send us beta products all the time and programs like closed-loop
Amy:university Um you know they take on feedback our feedback into their
Amy:roadmap We're about to include a lot of their frameworks into our crm to
Amy:create more consistencies Through our system and so overall can not be
Amy:happier with the closers over at closed.
Amy:Okay.
Amy:So Ned, when we were, we were just talking right before I pressed or record.
Amy:And I asked you the question, like, what's the topic that's like firing you
Amy:up right now and you started to share it.
Amy:And then I was like, okay, wait, stop, stop.
Amy:But like, let's just talk about it.
Amy:You were about to tell me what it is that is getting you all riled up.
Amy:So do share with the class
Ned:friend.
Ned:So there's, there's two things right now.
Ned:They're both pretty controversial topics in the LinkedIn space.
Ned:The first one is side hustles and the second one is morning routines
Ned:or routines under themselves.
Ned:And any of your listeners that have heard me before, if you are in sales, I
Ned:believe that side hustles are not good.
Ned:And I also believe that morning routines are a crutch, not something
Ned:that actually help 99.9% of people.
Ned:Those are my things.
Ned:Yeah.
Amy:okay.
Amy:So those are, those are very you're right.
Amy:They are inflammatory, um, things, but has, is the way, and that you
Amy:were just telling me about the Laurie done episode that you heard.
Amy:So you know how I feel about defining some terms?
Amy:Yes.
Amy:Why don't we start with that?
Amy:Like when you say routine, what does a routine or specifically,
Amy:what does a morning routine mean?
Amy:Yeah,
Ned:so I think.
Ned:When I hear routine, I typically hear something that was built by someone else.
Ned:And what I mean by that is it is typically a list of activities that need to be done
Ned:in order for your day to be successful.
Ned:And when I say that it's built by someone else it's because it was probably
Ned:by reading, uh, you know, a book.
Ned:Or looking at someone's LinkedIn post or a blog or, you know, miracle morning, right?
Ned:Hey, I'm gonna wake up meditate for 10 minutes, journal,
Ned:work out, do these things.
Ned:And then my day can start.
Amy:So my definition of a routine or my experience with routines, um,
Amy:as someone that has clocked a lot of hours with cognitive behavioral
Amy:therapy, which is the proven to be the most effective form of therapy.
Amy:And I'm a big.
Amy:Practicing Stok for anybody that's been around me for like 0.2 seconds.
Amy:What I love about cognitive behavioral therapy though, is it's, it's
Amy:like a performance coach, right?
Amy:It teaches you how to think, but you work with a professional who helps you
Amy:to identify and iterate on the the tools and techniques that work best for you.
Amy:And so there is absolutely nothing standard or turnkey about a routine for
Amy:me personally, or the way that I talk about routines or teach about routines.
Amy:But one of the biggest benefits in, in my life with the routine, at least
Amy:for my routine, like I've got it iterated on and it is completely me.
Amy:Yeah, right.
Amy:There was nothing like, I'm gonna look at what works for somebody else
Amy:or we, your works yet, the hustle culture or the filter fucking bubble.
Amy:Yeah.
Amy:Which is just in many ways, like just trying to get to a
Amy:big circle jerk, you ask me.
Ned:Those are the exact words I would use by the way.
Ned:So
Amy:so what I think that we should talk more about is that we all fuck up.
Amy:We all relapse, we all veer off track and there is no such
Amy:thing as zero to 60 anyway.
Amy:And.
Amy:The establishment of a routine for me means that it's a safe place to return
Amy:back to when I need to get myself back on.
Amy:Yeah.
Amy:And I can even add the night to that too.
Amy:Yeah.
Amy:So it's like, I used to struggle with sleeping.
Amy:It's still my Achilles co like I have to close the computer at a
Amy:certain time or I'll never sleep.
Amy:And so even we can add it on that end.
Amy:Okay.
Amy:That said, now let's talk.
Ned:So I agree with everything that you just said.
Ned:Right.
Ned:And I can tell you, I don't think there's such thing as bad advice or wrong advice.
Ned:I think the context of the advice is the.
Ned:Or the wrong.
Ned:And so with what you're saying is if someone has spent time
Ned:has spent a lot of times, years.
Amy:Yeah.
Amy:Iterating energy to identify you're literally test just like
Amy:you would with a product launch.
Amy:You're trying to find product market fit or iterating on a go to market strategy.
Amy:There is effort required.
Ned:Yeah.
Ned:What I'll tell you is this, is that where the reason that I am so gung ho like get
Ned:rid of your routine is because of what I have sort of coined as preparation
Ned:purgatory is what a lot of people.
Ned:Experience.
Ned:Yeah, I need that one more.
Amy:Yeah, yeah.
Amy:Right.
Amy:Or like, how about, let's talk about like, what do they say about the best laid
Ned:plans?
Ned:Yeah.
Amy:Oh, absolutely.
Amy:Right.
Amy:So it's like all that energy that you put into it, not to mention.
Amy:Oh, it's getting so I'm sorry.
Amy:It's like, I changed something very recently and how I operate
Amy:the day and it's been insane.
Amy:It, it had to do something about Navy seals, net, and it was like the two types.
Amy:How they attacked work or how they approached their complete task rest,
Amy:complete task, rest, complete task rest.
Amy:And then the other one was like plan execute.
Amy:And it's like, okay, who had better results?
Amy:And the way that the article was framed, it was, or maybe it was just my own biases
Amy:and like beliefs and experiences that wanted it to be like the right answer.
Amy:Yeah.
Amy:But it was the task rest, task rest.
Amy:And so it's like when you spend too much time planning.
Amy:You forget the rest
Ned:piece and, and I'll tell you this.
Ned:And what I love about what you just said is completing a task means that
Ned:you have taken action and execution is the key for any sort of result.
Ned:Right?
Ned:And I think that when I talk about this preparation, purgatory is I hope
Ned:that you have to have a morning routine for you to get on your first meeting.
Ned:Why?
Ned:Because by the time you've gotten on your first meeting, I've had.
Ned:I'm running circles around you, right.
Ned:If you're not iterated.
Ned:Right.
Ned:And what I find is that a lot of people use these routines or these
Ned:crutches of, I need to meditate.
Ned:I need to do this.
Ned:I need to do that.
Ned:I need to go and, you know, get 10 minutes of sunshine, whatever
Ned:it may be before that they can be at like 10 out of 10 level, right.
Ned:When all you have to do is go take action and you can iterate on that action.
Ned:Complete the task rest.
Ned:During that rest period iterate based on the success or lack of
Ned:success you just saw mm-hmm and then move forward in your day.
Ned:The key though, in my mind is the actual action that is taken.
Ned:And I'll tell you, this is that shitty action beats.
Ned:No action.
Ned:Any day.
Ned:Right.
Amy:So I agree with it E every word.
Amy:You understand though, how someone could hear you saying, like, I don't love
Amy:routines and interpret that really poorly
Ned:oh, a hundred.
Ned:And, and I have gotten so much shit for it because they don't
Ned:understand the fact that what I'm saying is by the way I have routines.
Ned:Mm-hmm right.
Ned:But like you said, it's routines that have been iterated upon and I also don't need.
Ned:Oh, that's,
Amy:that's a, yeah.
Amy:That's who you've been at it for a hot second.
Amy:So like, okay.
Amy:So I'm listeners, everyone's on a fucking journey, right?
Amy:Do you have everything all figured out?
Amy:Hell no.
Ned:okay.
Ned:Good.
Ned:Ask anyone most to me, I've got less 1% figured out.
Ned:I
Amy:don't have fucking shit figured out either.
Amy:And so.
Amy:Like you don't need them because you've gotta your muscles to a certain
Amy:point and there's muscle memory there.
Amy:Yeah.
Amy:I still support them while you're learning how to develop those muscles.
Amy:But I hear what you're saying.
Amy:I also
Ned:support people that have a routine and need to meditate and need to work.
Ned:I mean, I've got good friends that wake up before am and meditate and journal
Ned:and work out and, you know, drink a apple cider vinegar, because for some
Ned:reason they wanna vomit in the morning.
Ned:Yeah.
Ned:Like, I have really good friends that are very, very successful at do that.
Ned:Mm-hmm mm-hmm . And I can tell you though, for me as an individual, and I
Ned:can tell you if you're not building your own routine, if your routine is based on
Ned:75 hard, that's a good starting place.
Ned:The problem that I see is this is that routines are typically tied to goals.
Ned:Mm-hmm right.
Ned:And the problem is that life happens, right?
Ned:We're not all single, right.
Ned:A lot of people listening to your podcast probably have children.
Ned:And they're probably sitting there when they hear this going well yeah.
Ned:When my kid wakes up sick, like I can't meditate.
Ned:Right.
Ned:If my kid wants breakfast at 6:00 AM, I can't read 10 pages of that book.
Ned:Right.
Ned:I might not be able to go to the gym first thing in the morning.
Ned:There are certain things that I do that get done every single day.
Ned:They're just not precursors to my day.
Ned:Right.
Ned:And that's really where, when I talk about this, a lot of times is
Ned:like, figure yourself out and it it's gonna take trial and error.
Ned:Right?
Ned:I've done the morning routine, right?
Ned:I've done the evening routine.
Ned:I've done the dough routine.
Ned:Mm-hmm 90% of the people that I talked to.
Ned:Because their routine is tied to a goal.
Ned:The problem is that when life happens and routine can't happen, guess what?
Ned:The goal goes out the window with that routine.
Ned:A lot of people have trouble coming back.
Ned:And, and you said this earlier, I don't wanna overlook this.
Ned:A lot of people have trouble coming back to center in having something
Ned:that brings them back to center.
Ned:They think that they need certain things in order to do other things.
Ned:As opposed to let's be present here in this moment now, and let's
Ned:actually figure out, you know, what action needs to be taken.
Amy:So I was raised by a, a sales VP and, and there's a lot of data
Amy:incorporated on the show and used to say, Amy, you will never feel
Amy:yourself into a better way of acting.
Amy:Act first and better feelings come.
Amy:And I think there's a tremendous amount of truth to that.
Amy:Like you're waiting to feel better before you take action.
Amy:Um, you're gonna be waiting for a long time.
Amy:A long time,
Ned:but I'll tell you one thing here, cuz I'm a, I'm a huge
Ned:proponent of being your future self.
Ned:. Um, and what I mean by that is understanding where you want to
Ned:go, what you want to do, but more importantly, who you want to be.
Ned:And I think the cool thing about life is that nothing's stopping you
Ned:from being that person right now.
Ned:Nothing's stopping you.
Ned:I don't care.
Ned:It's not money.
Ned:It's not material things.
Ned:Mm-hmm, , it's not, you can act as if.
Ned:You are that individual right now.
Ned:And what's crazy about this.
Ned:And this is obviously N equals one anecdotal, uh, because it's me.
Ned:But I, since I have gone from, I need X amount of dollars to be this kind
Ned:of person, or I need this title to be this kind of person, or I need
Ned:this, you know, role to walk into a room with this kind of confidence.
Ned:Mm-hmm when I just said, oh fuck that I have this confidence.
Ned:I have this, uh, ability.
Ned:I have whatever I need right now.
Ned:Let's step into that role.
Ned:Once I stepped into that role, the things that I actually wanted and I was waiting
Ned:for were already there waiting for me.
Ned:And I think that's extremely important when you bring up this action piece, the
Ned:action that you take is going to allow you to expedite the time to your happiness.
Ned:And once you start taking those actions, you'll start to realize
Ned:that shit happiness was a lot closer than you thought it was.
Ned:And it had nothing to do with money or material.
Amy:Or a destination it's not based on an outcome.
Amy:And if you're in a, grew up in a Western society, right.
Amy:Happiness is based on an outcome.
Amy:Yes.
Amy:When I get married, when I buy a house, when I have a child,
Amy:when, when, when, when, when yep.
Amy:The challenge with this, with selling though, even with a big city, even worse,
Amy:our outcomes in many ways they never come.
Amy:Right.
Amy:Because if you hit your quarter or your month, depending.
Amy:Like, what do you have a, a weekend to celebrate it?
Amy:And then it starts all fucking over again.
Amy:And so part of the mission to find more joy or bring more
Amy:joy is to help communicate that letting go of the outcome.
Amy:Yes.
Amy:And letting go of the association or the definition of success.
Amy:And pivoting it or changing it to be about the journey.
Amy:Yeah.
Amy:Or more specifically being a little bit better than
Amy:yesterday's version of yourself.
Amy:That is what it's about.
Amy:And then this is why, when I say that, like sales is the greatest profession
Amy:in the world when done properly.
Amy:Right?
Amy:So this is the, the big piece of it, right?
Amy:Like being able to look at yesterday's version of yourself, listen to that.
Amy:Call lean into that sting.
Amy:Identify where you can be a little bit better.
Amy:Right.
Amy:And then take those steps to Ned's fabulous point and,
Amy:and do something about it.
Amy:And those that do get paid a lot of fucking money around here.
Amy:So that's my favorite part.
Ned:They sure did
Amy:that wraps other installment of the revenue real hotline.
Amy:I'd like to thank my guest for being so damn real and for sharing their insights
Amy:and for, of course, being so much.
Amy:And I'd like to thank you two, listen.
Amy:It means the world.
Amy:And I appreciate you.
Amy:If you have any thoughts or comments or experiences, you feel inclined to share
Amy:head straight over to revenue, rail.com.
Amy:There's a new join.
Amy:The conversation feature on the right side of the page.
Amy:I am old damn ears.
Amy:Final thought we are introducing a coaching aspect to the show.
Amy:So anyone who's brave enough to dig into an account strategy
Amy:or outbound strategy session.
Amy:That's where we kick things off.
Amy:Please do follow the show wherever you listen to your podcast.
Amy:So you'll always have the latest episode.
Amy:Download it.
Amy:If you want to contact me, I'm at Amy at revenue, rail.com.
Amy:If you wanna follow me on social Twitter is Amy underscore UFF check, and
Amy:LinkedIn is linkedin.com/amy UFF check.
Amy:This episode was produced by the fabulous Neen Feedler rock, man.
Amy:And I appreciate you too friend.
Amy:And of course, whatever you do, don't tell anybody about the show.
Amy:Let's keep it our little secret.
Amy:Until next time, all I'm Amy re hub check.
Amy:This is the revenue real hotline, happy selling.