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@honestlynate79223 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
@DaveLorenzo3 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?
@degend33312 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?
@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.
@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
@parasarorain3 ай бұрын
Great video! I have been in B2B sales from over 10 years now and still got to learn a lot, thanks Dave!
@DaveLorenzo2 ай бұрын
Thanks for watching!
@jayjerome30793 жыл бұрын
I am beyond grateful I stumbled upon your content😁😁😁 and the way you explain it I'm definitely subscribing
@DaveLorenzo3 жыл бұрын
Awesome! Thank you!
@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 😂😂
@ahmedhabeeeb3 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)
@Valtimax3 жыл бұрын
Perfect description of business development manager responsibilities
@DaveLorenzo3 жыл бұрын
Thanks for watching
@fridahnawelwa90992 жыл бұрын
This video has really open my mind, thank you so much sir.
@DaveLorenzo2 жыл бұрын
You're most welcome
@dahlialorenzo89583 жыл бұрын
Outstanding video for business development managers
@DaveLorenzo3 жыл бұрын
Thanks
@karycheda11513 жыл бұрын
Dave - this is my favorite video so far. Thank you
@DaveLorenzo3 жыл бұрын
Thanks
@dlo683 жыл бұрын
Great video for all business development managers
@DaveLorenzo3 жыл бұрын
Glad you think so!
@avaceleste Жыл бұрын
I will be creating the BDM role. Done sales management and CXM. Look forward to learning more from your channel.
@dinaabdullah3 ай бұрын
I have recently onboarded the role of Business development manager.
@DaveLorenzo2 ай бұрын
Good luck
@kimberlyramkisson8493 жыл бұрын
Great job I totally understand. Thanking you from 🇹🇹
@DaveLorenzo3 жыл бұрын
Thanks for watching!
@MJ-xb8so3 жыл бұрын
Great video and useful information. Thanks, Dave!
@DaveLorenzo3 жыл бұрын
Very welcome
@savaven114 сағат бұрын
Do you have a video got a BD rep? A junior to a BDM or an AM. I understand they al very similar i am interested in a possible junior position with no prior history doing that as my main job and want to be able to understand expectations. P.s. love #7 great way to look at it
@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 👍👍
@KaryCheda3 жыл бұрын
Great video and great business dev strategy
@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
@coincollectingfun2 жыл бұрын
Liked and subscribed! Excellent information!
@DaveLorenzo Жыл бұрын
Thanks for watching
@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
@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
@MiamiRedStorm3 жыл бұрын
Great information about business development!!!
@DaveLorenzo3 жыл бұрын
Thanks for watching
@cammy604673 жыл бұрын
Thank you this was helpful!
@DaveLorenzo3 жыл бұрын
Glad it was helpful! Thanks for watching!
@7reef4492 жыл бұрын
Very helpful thanks
@DaveLorenzo2 жыл бұрын
Glad it helped
@geezytheexplorer13902 жыл бұрын
Great video! The examples were right on the money 👌🏾 New subscriber over here!
@DaveLorenzo2 жыл бұрын
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
@5canwalk9 ай бұрын
Useful sharing🎉❤
@ZahirAlasmar6 ай бұрын
I think all the above activities are normally done by marketing and sales executives, directors and mgr's.
@danieldelacruz730524 күн бұрын
I thought the business manager does the budget and deals with vendors
@zariahstar8589 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
@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
@hidayatbemmoussat91302 жыл бұрын
How is it going so far ?
@RayoBeatz2 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
@melissakhlif Жыл бұрын
So smooth
@DaveLorenzo Жыл бұрын
Thanks
@ZoyaSha-x3l3 ай бұрын
Hii Dave Lorenzo I have a doubt if your communication is not good then we can proceed 😂as BDM
@DaveLorenzo2 ай бұрын
Thanks for watching
@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.
@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
@fenbury3 жыл бұрын
blink once if you can hear me...
@DaveLorenzo3 жыл бұрын
Interesting comment. Thanks.
@JosefwitdaCoatOn Жыл бұрын
Dave your trippin! I developed a $40 million territory cold calling
@HMASIF Жыл бұрын
Lol wtf is this guy talking about
@Kinga007273 жыл бұрын
Not convincing
@DaveLorenzo3 жыл бұрын
Thanks for watching
@zariahstar8589 ай бұрын
Are you sick in the head or something? How is this not convincing