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Stanislav Markus is an associate professor of international business and a Business Partnership Foundation Fellow at the Darla Moore School of Business at the University of South Carolina. Professor Markus received his Ph.D. from Harvard University and his undergraduate degree from the University of Pennsylvania. Before joining the Moore School, he was an assistant professor of political science at the University of Chicago. He has also spent time in visiting capacity at the Guanghua School of Management of Peking University and at the University of California in San Diego.
Professor Markus works on political risk, non-market strategy and the political economy of development in the post-Soviet space and in emerging markets more broadly. He explores the interactions between business and state, especially with respect to property rights, corporate governance, stakeholder engagement, lobbying, corruption, expropriation, regulatory enforcement, party finance and institution building. One of his current projects analyzes an original data set of super-rich Ukrainian tycoons and their political strategies aimed at maximizing corporate wealth.
His book —Property, Predation, and Protection(Cambridge University Press, 2015) —was awardedthe 2016Stein Rokkan Prize for Comparative Social Science Research by theInternational Social Science Council and the European Consortium for Political Research.The book outlines the structure of political risk to firms in Russia and Ukraine as well as the strategies used by firms to neutralize such risk.
His research has been published or is forthcoming in peer-reviewed journals including World Politics, Comparative Political Studies, Socio-Economic Review, Studies in Comparative International Development, Daedalus and Polity. His research has been recognized through various awards including the Luebbert Award for Best Article in Comparative Politics from the American Political Science Association,the Wilson Center Fellowship from the Woodrow Wilson International Center for Scholars in Washington, D.C., the Harvard Academy Fellowship from the Harvard Academy for International and Area Studies and the Jean Monnet Fellowship from the European University Institute in Florence.
Professor Markus has lived in Russia, Ukraine, China and several West European countries. He has native fluency in Russian and German, proficiency in French and Ukrainian, and a basic understanding of Mandarin.
Book:
Property, Predation, and Protection: Piranha Capitalism in Russia and Ukraine
Articles:
Author page for Stan Markus
Profile:
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Political economy, political risk, non-market strategy, economic development, property rights, corporate governance, stakeholder engagement
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19 Jun 2018
We all have our off days. That’s a given. But a string of days with low motivation can do more than just put us in a slump. It can seriously impact our sales targets and cause unnecessary stress and anxiety .
So when you start to feel yourself sliding down that path, it’s a good idea to look at people who’ve been there and made it to the other side and see how they did it.
These quotes aren’t a replacement for hard work, but rather
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to put you back on track when you lose motivation.
And because we believe progress is measured in action , we paired each one with a specific action item you can take today to boost your productivity, give you a virtual high-five when you’re feeling low, and create real results for your business.
Crush your day with Steli's free daily sales motivation videos. Sign up now !
What it means:
There’s a reason people react so negatively when they feel a salesperson is being too ‘sales-y’. A successful sale doesn’t talk about you, but rather what you can do for your potential client. How do you add value to their lives? How is working with you going to transform them? There’s more to what we do as salespeople than just the numbers.
Action you can take today:
Instead of obsessing over stats, become a great storyteller. Show your prospects the story of their lives before, during, and after they become your client and the transformative value that you’re adding. Nail down this value story before jumping on your next call and become a ‘man of value’.
What it means:
The path to a sale is never A to B. There’s a whole alphabet between your first conversation and the close. Don’t get discouraged when you hit a wall asking for the close. Think how that ‘maybe’ is really just a ‘yes’ in disguise.
Action you can take today:
Create a list of common concerns that cause your prospects to answer with a ‘maybe’ and why those concerns are unfounded. Knowing these and being able to explain them simply, clearly, and confidently will help you keep the conversation moving on the path to a yes. ‘Maybe’ is where great salespeople live. They know that anything other than a flat out ‘no’ is a step towards a yes.
What it means:
How you choose to live your days is how you choose to live your life. Are you willing to put in the time every day to reach the level of success you truly want? Are you willing to miss that dinner or not go out for drinks because you’re working towards something bigger? These are the choices that define who you are and how successful you’ll be as a salesperson.
Action you can take today:
Focus on habits, not goals. Frame your day around incentivizing and rewarding yourself for repeating a habit, like making your 40 calls for the day, instead of putting a daily dollar amount on a pedestal. Create a repeatable process for yourself which you know will get you where you want and that you can do every single day without fail. This way, you’re focusing on actions you control rather than putting all the pressure on results that might not come.
What it means:
Simply put, success comes to those who refuse to quit. A little less simply put, behavioral economists studying human motivation discovered something called —which is the brain’s tendency to value immediate rewards more highly than future rewards. Unfortunately, selling is less about winning every little skirmish and more about winning the war. This means pushing through down days, forcing yourself to do the work even when you aren’t ‘feeling it’, and never, ever giving up.
Action you can take today:
Take a step back and look at the bigger picture of your sales strategy. It’s easy to get lost in the day-to-day of sales and lose sight of where you want yourself to be in a month, a year, hell, even 10 years. Commit to the long-term vision of what you want to achieve and never give up. Use that vision of future you to inspire you along the way when life gets you down.
What it means:
We’re all procrastinators at some point. But ironically, the guilt and frustration we feel from not starting is often worse than the pain of actually doing work. The anxiety we feel when faced with a huge list of prospects or massive sales goals can seem insurmountable, but something amazing happens once we actually start working: The fear goes away and the to-do list all of a sudden seems more doable.
Action you can take today:
List the one thing you can do right now, no matter how small, that will help you move forward. Is it as simple as making that first call? Or replying to an email? Try to get even more specific. Instead of saying, “I’ll call 5 prospects on Wednesday,” say, “I’ll call 5 prospects on Wednesday between 10–11am.” Break down bigger tasks into small items you can easily get started on and watch your motivation skyrocket.
What it means:
In sales (and in life) there’s never a good time to rest on your past achievements. The success you have today came from what you did yesterday. And if you sit back and stop doing what got you here, it’ll go away just as quickly as it came. You owe it to yourself and your business to put in the work every single day and keep paying your dues.
Action you can take today:
What’s the rent that you paid in the past that allows you to live in the success of your present? Was it dedication? Was it taking risks? Was it constant education and personal growth? Whatever it was, start your day by making a big payment in that rent. Recognize the skills and qualities that got you where you are today and repeat them daily. Write them down and make sure you set aside time for them every single day.
What it means:
What’s more important: To be a jack of all trades or a master of one? There will always be some new tool, task, or other distraction that wants to take your attention away today. But every second spent on an unimportant task is a second taken away from working towards mastery. Focus is our greatest asset on the path to success.
Action you can take today:
What’s your ‘one kick’? What skill or technique, if mastered, would bring you the biggest level of success? Take a moment and think about what you put your energy into every day and whether or not you’re working on the skills. In the past, I’ve gone so far as to set a reminder every few hours to ask me if I’m working on the right thing at this moment or if I’ve been distracted again. Make yourself a force to be reckoned with.
What it means:
Feeling the weight of the world on your shoulders? Guess what, that’s a good thing. Being pressured means you’re in a position where the actions you take matter. You’ve set goals that are challenging. You’re motivated to be better than you are today. Pressure is just a byproduct of your own success.
Action you can take today:
Create a ‘small wins scrapbook’—a collection of recent successes that you can look back on to remind yourself just how far you’ve come and why you’re feeling pressured to do more today. It’s all too easy to just move on after hitting a goal or making a sale without taking the time to appreciate the work you’ve done. Take that time to celebrate the small wins and value what you do every single day.
What it means:
If you keep doing what you’ve always done, the best you’ll get is what you already have. Unfortunately, the human brain is hardwired to take the path of least resistance, which more often than not means sticking to business as usual, even when you know that changing now will help you in the future.
Action you can take today:
Write down the one thing in your heart you know you need to change to make your life and your career better in the future. This might be something you’ve known for a long time but haven’t felt the need to act on because there’s not enough pressure in your environment to make you feel like you have to. Now, tell yourself this one thing is going to destroy your career. Every day, look at that one thing and ask yourself ‘Do I really want to wait until I to do this? Or do I want to be the person I want to be on my own terms?’
What it means:
It takes a deep understanding to be able to create something simple. Think of Steve Jobs, who famously made Apple engineers make every function on the original iPod accessible in 3 clicks, just because he knew that simplicity was the key to massive sales. I think it worked out pretty well for him.
Action you can take today:
Test your pitch’s ‘simple factor’ by taking it outside your bubble. Call up your parents or partner or even a friend in a totally different profession and try it out on them. Do they know what you’re talking about? Can you answer questions that come up that you might think are ‘obvious’? Can you make it as simple as possible?
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. Get an inspirational quote and action item every day!
What it means:
Fear is a sign that you’re on the right path. Trying new things, taking risks, and going after the unknown are all scary experiences. They’re also exactly what we need to do when we want to grow. We can’t let something as harmless as a little fear stand between us and what we want.
Action you can take today:
Write down your biggest fears that you face every single day and imagine each one going to its extreme conclusion. Are you afraid of a large prospect turning you down? Take it one step further and imagine them yelling at you. Or calling your boss to complain. Or egging your house in the middle of the night. Imaging an extreme outcome to our fears lets us realize just how inconsequential they really are and helps us power through them.
What it means:
No matter what you do, the fact that you did something is more important than the outcome. Every action helps us move forward, whether it shows us the right way to act, or even just clarifies what we shouldn’t be doing. The only real failure is in not acting.
Action you can take today:
Change your perspective around what you see as ‘failure’ by realizing that each one has helped you in some way. Start by listing out your past 5 ‘failures’. Now write down what you learned from each one. Did a prospect turn you down because you messed up your pitch? Maybe you learned that you need to do more prep before a call or rewrite a section of your script. It might be painful to revisit those experiences at first, but as you become more comfortable spending time in your own ‘failures’ you’ll start to realize that they are just stepping stones on the path to personal success.
What it means:
Salespeople face more negativity than almost any other profession (just be thankful you’re not a politician!) and it’s all too easy to let that negativity make us think that we should just conform to what other people are doing. But the problem is that by emulating others, the best we can ever be is Number Two. To be truly great, you need to be yourself.
Action you can take today:
Don’t focus on the negatives. Make a list of the moments when your unique selling style worked or times when you went with your gut and came out with the win. Remember there are so many factors in the selling process that are out of your control and that a ‘no’ doesn’t necessarily mean you did anything wrong. Stick with the positives and aim for that top spot.
What it means:
No matter how hard you prepare, how well you pitch, or how much work you put in, sometimes it’s just not your day. That’s it. Life can be chaotic and trying to rationalize every little event will drive you crazy.
Action you can take today:
Separate yourself from your losses. The next time you get a no, instead of analyzing what did to lose the sale, look at it from a few different angles. Was there something going on in your prospect’s business that made them not want to buy? Or are there changes happening in the market? The key is to look at the bigger picture. As personal development guru Zig Ziglar puts it: “Failure is an event, not a person.”
What it means:
Productivity is about more than time spent working. It’s not about just doing, but doing the things in the ways possible. Why do more work when you can get the same results in less time?
Action you can take today:
Spend the time now to save you exponentially more time in the future. Does that mean hiring someone else to find your leads or implementing a new CMS that will let you work better and faster with every future client? Before you dive into your next task, think of how you can sharpen your own axe.
What it means:
Don’t get in the ring with Tyson! Seriously though, the champ’s fists are the perfect metaphor for a problem so many of us fall into: over preparation. We believe that just because we have plans or we’ve prepped in advance that things can’t go wrong. But the thing about a ‘plan’ is that it’s really just another name for a guess.
Action you can take today:
Plan for the unexpected by setting up systems so that no matter what comes your way, you’ve got something to fall back on. What’s a system? Simply put, it’s the backbone of your sales plan that can guide you back onto the right path when things fall apart. Client angry with you? Have a system in place for discounts that you can offer on the spot. Call with a prospect go worse than expected? Have
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in place to smooth things over and push them back towards the close.
What it means:
Haters gonna hate but those who achieve real success only focus on themselves. Chasing someone else or obsessing over what they did can blind you from focusing on the most important person of all: yourself.
Action you can take today:
Stop the hate. When you start comparing yourself to others, take the emotional context out of the equation, put your ego aside, and turn those feelings of inadequacy or jealousy into a positive learning experience. What can you learn from that person that can help increase your own productivity or make you more successful? The best revenge is to be a better version of yourself.
What it means:
The smallest step will get you that much closer to your final destination. We create our own path to success one step at a time, and even if you don’t know exactly where you’re going, moving in just about any direction (except backwards!) is all it takes to get closer to our goals.
Action you can take today:
Find your momentum tipping point. There’s a mental process called the Zeigarnik Effect , which kicks in when you are close to finishing a task, propelling you towards the finish line like you’re running from a hoard of zombies. What is it that pushes you towards the finish line? Hemingway would always stop writing mid-sentence so that when he returned to work the next day he knew where to start, effectively forcing himself into ‘must finish’ mode.
What it means:
Extrinsic motivation like praise and monetary success should always be secondary to intrinsic motivation. What is it about what you’re doing that truly drives you to keep at it every single day? When the praise fades or the sales dry up, what is it that will keep you going?
Action you can take today:
Find your core motivator. Write a list of the things that motivate you to keep at it every single day. Is it the money? Pride? Personal growth? Praise from your team or boss? Be honest. Now categorize them by extrinsic and intrinsic and rank how important each one is to you. This should give you a great tool to return to any time you feel your motivation waning and need a reminder of why you’re putting in the hustle.
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Motivation is a well that unfortunately runs dry sometimes. But with a few simple exercises and some changes in perspective, we can fill it back up. Use these quotes and action items as a guide to put you back on the path to success and start seeing real results again.
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