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@silvermediastudio2 жыл бұрын
Sales takes ready customers and closes the deals using the company's sales system. BD creates the high-quality leads over a long time, aligned with the company's growth strategy, and feeds them into the sales system.
@DaveLorenzo2 жыл бұрын
Thanks for watching
@silvermediastudio2 жыл бұрын
@@DaveLorenzo You're welcome, thank you for the video. I hope my two-line summary does it justice.
@paulsandoval41613 жыл бұрын
I like your take on business developing, interleaved in there is the fact that Sales are Closers, which leads to something that perhaps many Sales Professionals like to learn is what are the key differences between BD and Sales. Let me give you a starter, I did not get a BD job because they told me I was too good of a Sales guy 🤷🏻♂️
@DaveLorenzo3 жыл бұрын
Thanks for watching. You should be glad you didn’t get that job because the answer they gave you was silly. It probably saved you some heartache and frustration.
@paulsandoval41613 жыл бұрын
@@DaveLorenzo retrospectively yes I am glad I did not get it 😂😂
@ahmedhabeeeb2 жыл бұрын
Well, BD is not sales and isn't related to sales any how, except for the final intersection with sales reps, those who are supposed to close deals (regardless what these deals are)
@honestlynate79222 жыл бұрын
I'm a construction project manager, and I was recently offered a position with the company I work for to be a business development manager and they will include all of the training. Thanks for the information
@DaveLorenzo2 жыл бұрын
Thanks for watching!
@imt32062 жыл бұрын
Wow, mate. That’s great. Congratulations and I hope you’re doing well
@bonisilemgidi38962 жыл бұрын
Hey. You and I are on the same boat. I was moved from Project Management to Business Development of a Facilities Management company. It has been 3 months now and I am slowly learning all there is. The first two months were hard because in this company the business development manager does tendering aswell and that is time consuming but I am getting the hang of it. Good luck in your role. How are you finding it?
@degend3331 Жыл бұрын
Hey, congrats. The same thing happened to me just yesterday! I was just looking at pathways to chartership with the CIOB and my boss asked me if I would switch to BDM. I'll be honest, I'm pretty confused as to which role to choose. Stay with project management or take this new role
@SadTattoos Жыл бұрын
How did you start off in the beginning once you obtained your 4 year degree?
@jayjerome30792 жыл бұрын
I am beyond grateful I stumbled upon your content😁😁😁 and the way you explain it I'm definitely subscribing
@DaveLorenzo2 жыл бұрын
Awesome! Thank you!
@Valtimax3 жыл бұрын
Perfect description of business development manager responsibilities
@DaveLorenzo3 жыл бұрын
Thanks for watching
@dahlialorenzo89583 жыл бұрын
Outstanding video for business development managers
@DaveLorenzo3 жыл бұрын
Thanks
@fridahnawelwa90992 жыл бұрын
This video has really open my mind, thank you so much sir.
@DaveLorenzo2 жыл бұрын
You're most welcome
@dlo683 жыл бұрын
Great video for all business development managers
@DaveLorenzo3 жыл бұрын
Glad you think so!
@avaceleste9 ай бұрын
I will be creating the BDM role. Done sales management and CXM. Look forward to learning more from your channel.
@karycheda11513 жыл бұрын
Dave - this is my favorite video so far. Thank you
@DaveLorenzo3 жыл бұрын
Thanks
@geezytheexplorer13902 жыл бұрын
Great video! The examples were right on the money 👌🏾 New subscriber over here!
@DaveLorenzo2 жыл бұрын
Thanks for watching
@jacklynch81172 жыл бұрын
I’m 15 and I want to take entrepreneurship in college and im looking at what jobs that bachelors degree offers is there anything I really need to know
@DaveLorenzo2 жыл бұрын
Keep watching videos
@kimberlyramkisson8492 жыл бұрын
Great job I totally understand. Thanking you from 🇹🇹
@DaveLorenzo2 жыл бұрын
Thanks for watching!
@MiamiRedStorm3 жыл бұрын
Great information about business development!!!
@DaveLorenzo3 жыл бұрын
Thanks for watching
@cartergomez53902 жыл бұрын
I'm actually qualified to do this job and I never knew it! It is huge shift from working as a behavioral technician with one kid at a time, I would be working with adults only and maybe a couple of tantrums 😅
@DaveLorenzo Жыл бұрын
Thanks for watching
@KaryCheda3 жыл бұрын
Great video and great business dev strategy
@DaveLorenzo3 жыл бұрын
Thanks for watching!
@augustinetwumasi50313 жыл бұрын
Great video Love you Dave . Greetings from Ghana
@DaveLorenzo3 жыл бұрын
Thanks 👍 Hope all is well in Ghana!
@augustinetwumasi50313 жыл бұрын
@@DaveLorenzo 👍👍
@coincollectingfun2 жыл бұрын
Liked and subscribed! Excellent information!
@DaveLorenzo Жыл бұрын
Thanks for watching
@cammy604673 жыл бұрын
Thank you this was helpful!
@DaveLorenzo3 жыл бұрын
Glad it was helpful! Thanks for watching!
@ZahirAlasmar3 ай бұрын
I think all the above activities are normally done by marketing and sales executives, directors and mgr's.
@doremisadii78472 жыл бұрын
Hi there, do you write reports as a business development manager?
@DaveLorenzo2 жыл бұрын
Sometimes. It depends upon the job and company. Thanks for watching
@NubiaRodríguezOficial Жыл бұрын
Thank you for the video. What kind of resources does the company have to provide to the BDM?
@DaveLorenzo Жыл бұрын
It depends upon the company
@5canwalk5 ай бұрын
Useful sharing🎉❤
@robmorrow65172 жыл бұрын
I’m just about to go into a BDM role, never done sales before in my life… help me lol
@DaveLorenzo2 жыл бұрын
Thanks for watching
@hidayatbemmoussat9130 Жыл бұрын
How is it going so far ?
@RayoBeatz Жыл бұрын
ok but I want to see it in action there's no way I can walk up to someone introduce myself and ask them for business I have no idea who they are or what they do and asking those questions isn't always welcomed then what after that? we exchange numbers I go over to their house and play video games all day for 3 years until we become friends and they can willingly give me their money to by company? I see how easy it seems on paper this video made it seem super easy but really what's your cost? there's no way you aren't taking them out to lunch or flying around what are your expenses? what are your strategies? do you research people you want to meet before hand like google them or what? there's just no way this is that simple or i'd go outside right now and make me 100k
@DaveLorenzo Жыл бұрын
Watch the 1000 other videos on this channel
@johnsondoeboy2772 Жыл бұрын
Is a Business Development Director the same as a Business Development Manager?
@DaveLorenzo Жыл бұрын
It depends on the job and the company
@inantooetomo9674 Жыл бұрын
thanks dave
@DaveLorenzo Жыл бұрын
Thanks for watching
@JosefwitdaCoatOn11 ай бұрын
Dave your trippin! I developed a $40 million territory cold calling
@HMASIF9 ай бұрын
Lol wtf is this guy talking about
@franciscomanuel48342 жыл бұрын
Thanks Dave I did not even knew the difference between BDM and BDE because in the company I work for I do Both Jobs... Thanks a Lot
@DaveLorenzo2 жыл бұрын
Thank you
@MJ-xb8so3 жыл бұрын
Great video and useful information. Thanks, Dave!
@DaveLorenzo3 жыл бұрын
Very welcome
@medhatadelemam58303 жыл бұрын
Wow Dave, I love your content. I am going to get close to you, would that be okay :)?
@DaveLorenzo3 жыл бұрын
If that means you're going to watch videos each day, sure.
@7reef4492 жыл бұрын
Very helpful thanks
@DaveLorenzo2 жыл бұрын
Glad it helped
@zariahstar8585 ай бұрын
You all in KZbin talk about Business development manager ... I was offered a position from a supervisor to a business development Assistant. I have searched KZbin but all i see BDM. Please talk about BDA
@fenbury2 жыл бұрын
blink once if you can hear me...
@DaveLorenzo2 жыл бұрын
Interesting comment. Thanks.
@melissakhlif Жыл бұрын
So smooth
@DaveLorenzo Жыл бұрын
Thanks
@Raja007273 жыл бұрын
Not convincing
@DaveLorenzo3 жыл бұрын
Thanks for watching
@zariahstar8585 ай бұрын
Are you sick in the head or something? How is this not convincing