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How I Raised Myself from Failure to Success in Selling

How I Raised Myself from Failure to Success in Selling

by Frank Bettger 1947 208 pages
4.27
16k+ ratings
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7 minutes
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Key Takeaways

1. Enthusiasm: The Lifeblood of Success in Sales and Life

Force yourself to act enthusiastic, and you'll become enthusiastic!

Enthusiasm transforms performance. Frank Bettger's career skyrocketed when he adopted an enthusiastic attitude, increasing his income by 700% in just ten days. This dramatic change wasn't due to improved skills, but rather his newfound energy and passion.

Enthusiasm is contagious. When you approach your work with excitement, it affects everyone around you. Customers become more interested, colleagues more motivated, and you'll find yourself more resilient in the face of challenges.

How to cultivate enthusiasm:

  • Start each day with a positive affirmation
  • Focus on the aspects of your work that genuinely excite you
  • Celebrate small victories and progress
  • Surround yourself with enthusiastic people
  • Practice gratitude for opportunities and achievements

2. The Power of Asking Questions: Uncover Needs and Build Trust

The most important secret of salesmanship is to find out what the other fellow wants, then help him find the best way to get it.

Questions reveal true motivations. By asking thoughtful, open-ended questions, you can uncover a prospect's real needs and desires. This information is crucial for tailoring your approach and offering genuine solutions.

Effective questioning builds rapport. When you show genuine interest in understanding someone's situation, you demonstrate respect and build trust. This creates a collaborative atmosphere where the prospect feels heard and valued.

Key questioning techniques:

  • Use "why" to dig deeper into motivations
  • Ask "in addition to that" to uncover hidden objections
  • Practice active listening to encourage more detailed responses
  • Use questions to guide the conversation towards solutions
  • Avoid making assumptions – let the prospect's answers inform your approach

3. Confidence Through Knowledge: Master Your Business

To have confidence in yourself, and win and hold the confidence of others, an essential rule is to: Know your business … and keep on knowing your business!

Expertise breeds confidence. When you thoroughly understand your product, industry, and the problems you solve, you naturally exude confidence. This confidence is contagious and instills trust in your prospects.

Continuous learning is key. The business world is constantly evolving. Staying ahead of trends, understanding new developments, and refining your skills will ensure you remain valuable to your clients and confident in your abilities.

Ways to deepen your knowledge:

  • Read industry publications and books
  • Attend conferences and workshops
  • Seek mentorship from experienced professionals
  • Practice explaining complex concepts simply
  • Stay curious and ask questions of colleagues and clients

4. The Art of Listening: Win Hearts and Minds

There is an art in silence, and there is an eloquence in it too.

Active listening builds relationships. When you truly listen to someone, you make them feel valued and understood. This creates a strong foundation for any business relationship.

Listening reveals crucial information. By allowing prospects to speak freely, you'll often uncover valuable insights about their needs, objections, and decision-making process. This information is invaluable for tailoring your approach.

Techniques to improve your listening skills:

  • Practice giving your full attention to the speaker
  • Avoid interrupting or formulating responses while others are talking
  • Use nonverbal cues to show engagement (nodding, maintaining eye contact)
  • Ask clarifying questions to ensure understanding
  • Summarize key points to demonstrate you've been listening attentively

5. Strategic Persistence: Make Appointments, Not Cold Calls

First, sell the appointment; second, sell your product.

Appointments create value. When you secure an appointment, you elevate your status from an interruption to an expected and valued guest. This dramatically increases your chances of a productive meeting.

Persistence pays off. Many salespeople give up too quickly when trying to secure appointments. By being politely persistent and offering genuine value, you can often turn initial rejections into successful meetings.

Strategies for securing appointments:

  • Clearly articulate the value of the meeting for the prospect
  • Offer flexible scheduling options
  • Use referrals and warm introductions whenever possible
  • Follow up consistently but respectfully
  • Be prepared with a concise "elevator pitch" to pique interest

6. The Forgotten Art of Remembering Names and Faces

Impression, Repetition, Association.

Remembering names shows respect. When you make the effort to remember and use someone's name, you demonstrate that they are important to you. This simple act can significantly enhance your relationships.

Name recall enhances your professional image. The ability to remember names and faces is often associated with competence and attentiveness – valuable traits in any business setting.

Techniques for improving name recall:

  • Focus intently when being introduced, creating a strong initial impression
  • Repeat the person's name immediately and use it in conversation
  • Create mental associations or visual images linked to the name
  • Write down names after meetings to reinforce memory
  • Practice regularly to strengthen your "name memory muscle"

7. Closing the Sale: Seven Rules for Sealing the Deal

Appeal for Action!

Timing is crucial. Recognizing the right moment to close is a skill developed through experience. Look for buying signals and be prepared to act when the prospect shows readiness.

Overcoming objections is part of the process. Welcome objections as opportunities to address concerns and demonstrate the value of your offering. Often, objections are actually signs of interest.

Seven rules for effective closing:

  1. Save closing points for the close
  2. Summarize key benefits
  3. Ask "How do you like it?"
  4. Welcome and address objections
  5. Use "Why?" and "In addition to that?" to uncover real concerns
  6. Ask the prospect to take a specific action (e.g., "Write your name here")
  7. Get a financial commitment, even if small, to solidify the deal

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FAQ

What's "How I Raised Myself from Failure to Success in Selling" about?

  • Author's Journey: The book is a personal account by Frank Bettger, detailing his transformation from a failed insurance salesman to one of the most successful salesmen in America.
  • Sales Techniques: It provides practical advice and techniques on how to improve sales performance, focusing on enthusiasm, organization, and understanding customer needs.
  • Personal Development: Beyond sales, the book emphasizes personal growth, self-confidence, and the importance of continuous learning and self-improvement.
  • Inspirational Stories: Bettger shares anecdotes and lessons learned from his own experiences and interactions with successful individuals, including insights from Dale Carnegie.

Why should I read "How I Raised Myself from Failure to Success in Selling"?

  • Proven Strategies: The book offers time-tested sales strategies that have been proven effective by the author and others in the field.
  • Motivational Content: It serves as a motivational guide for anyone looking to overcome failure and achieve success in their career.
  • Practical Advice: Readers gain practical tips on improving communication, building confidence, and closing sales effectively.
  • Personal Growth: The book encourages readers to focus on personal development, which is crucial for long-term success in any profession.

What are the key takeaways of "How I Raised Myself from Failure to Success in Selling"?

  • Enthusiasm is Key: Bettger emphasizes the power of enthusiasm in transforming failure into success, both in sales and in life.
  • Importance of Organization: Keeping detailed records and organizing one's time effectively are crucial for improving sales performance.
  • Understanding Customer Needs: Finding out what the customer wants and helping them achieve it is the cornerstone of successful selling.
  • Continuous Learning: The book highlights the importance of ongoing education and self-improvement to stay ahead in the sales profession.

What are the best quotes from "How I Raised Myself from Failure to Success in Selling" and what do they mean?

  • "To become enthusiastic—act enthusiastic." This quote underscores the idea that enthusiasm can be cultivated through deliberate action, which can lead to increased success and happiness.
  • "Selling is the easiest job in the world if you work it hard—but the hardest job in the world if you try to work it easy." It highlights the importance of effort and dedication in achieving success in sales.
  • "The most important secret of salesmanship is to find out what the other fellow wants, then help him find the best way to get it." This emphasizes the need to focus on the customer's needs and desires to make a successful sale.
  • "If you take care of your customers, they’ll take care of you." This quote stresses the importance of customer service and building long-term relationships for sustained success.

How did Frank Bettger transform his sales career?

  • Embracing Enthusiasm: Bettger learned to act enthusiastic, which helped him overcome fear and nervousness, leading to improved sales performance.
  • Learning from Failure: He analyzed his failures and used them as learning opportunities to refine his sales techniques and strategies.
  • Seeking Mentorship: Bettger benefited from the guidance of successful individuals like Dale Carnegie, who encouraged him to share his story and techniques.
  • Continuous Improvement: He adopted a systematic approach to self-improvement, focusing on key areas like organization, customer understanding, and effective communication.

What role did Dale Carnegie play in Frank Bettger's success?

  • Mentorship: Dale Carnegie recognized Bettger's potential and encouraged him to share his experiences and techniques with others.
  • Public Speaking: Carnegie invited Bettger to join him on lecture tours, which helped Bettger gain confidence and refine his communication skills.
  • Writing the Book: Carnegie persuaded Bettger to write "How I Raised Myself from Failure to Success in Selling," providing a platform to share his insights with a wider audience.
  • Philosophical Influence: Carnegie's teachings on human relations and enthusiasm significantly influenced Bettger's approach to sales and personal development.

How does "How I Raised Myself from Failure to Success in Selling" emphasize the importance of enthusiasm?

  • Transformative Power: Bettger credits enthusiasm as the key factor that transformed his sales career from failure to success.
  • Practical Application: The book provides practical advice on how to cultivate and maintain enthusiasm in daily life and work.
  • Impact on Others: Enthusiasm is portrayed as contagious, positively affecting colleagues, customers, and overall sales performance.
  • Foundation for Success: Bettger argues that enthusiasm is the highest-paid quality on earth, essential for achieving success in any field.

What specific sales techniques does Frank Bettger recommend in the book?

  • Asking Questions: Bettger emphasizes the importance of asking questions to understand customer needs and guide them toward a decision.
  • Effective Closing: He provides strategies for closing sales, such as summarizing benefits and addressing objections directly.
  • Building Confidence: Techniques for building self-confidence and gaining the trust of customers are highlighted as crucial for successful selling.
  • Organizational Skills: Bettger stresses the need for keeping detailed records and organizing one's time to maximize sales efficiency.

How does Frank Bettger address the fear of failure in sales?

  • Acceptance of Failure: Bettger encourages embracing failure as a natural part of the learning process and an opportunity for growth.
  • Law of Averages: He advises focusing on the law of averages, suggesting that consistent effort will eventually lead to success.
  • Building Resilience: The book provides strategies for building resilience and maintaining a positive attitude despite setbacks.
  • Learning from Mistakes: Bettger shares personal anecdotes of failure and how he used them to refine his approach and improve his sales techniques.

What is the significance of Benjamin Franklin's method in Bettger's success?

  • Structured Self-Improvement: Bettger adopted Franklin's method of focusing on one area of improvement each week, leading to significant personal growth.
  • Thirteen-Week Plan: He created a personalized thirteen-week plan based on Franklin's subjects, tailored to his needs as a salesman.
  • Continuous Learning: The method encouraged ongoing education and self-reflection, which Bettger credits for his sustained success.
  • Legacy of Success: Bettger viewed Franklin's method as a legacy of success, providing a practical framework for achieving personal and professional goals.

How does "How I Raised Myself from Failure to Success in Selling" encourage personal development?

  • Focus on Self-Improvement: The book emphasizes the importance of continuous self-improvement and learning in achieving success.
  • Building Confidence: Bettger provides strategies for building self-confidence, which is crucial for effective communication and sales.
  • Developing Skills: Readers are encouraged to develop key skills such as organization, communication, and customer understanding.
  • Holistic Growth: The book advocates for a holistic approach to personal development, integrating professional success with personal happiness and fulfillment.

Review Summary

4.27 out of 5
Average of 16k+ ratings from Goodreads and Amazon.

How I Raised Myself From Failure to Success in Selling is highly praised for its timeless sales advice and personal development strategies. Readers appreciate Bettger's enthusiastic storytelling, practical tips, and emphasis on genuine interest in others. The book is considered valuable for both salespeople and non-sales professionals, offering lessons on communication, confidence-building, and success principles. Many reviewers compare it favorably to Dale Carnegie's work and recommend it as essential reading for self-improvement and career growth.

Your rating:

About the Author

Franklin Lyle (Frank) Bettger was a salesman and self-help author born in 1888. After a brief Major League baseball career, he found success in life insurance sales by applying enthusiasm and the Socratic method. Encouraged by Dale Carnegie, Bettger wrote best-selling books on sales techniques and personal development. His most famous work, "How I Raised Myself from Failure to Success in Selling," was translated into numerous languages and became a classic in the field. Bettger also lectured widely and wrote about applying lessons from his baseball career to business success. He passed away in 1981, leaving a lasting impact on the sales and self-help literature.

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