#8: Selling in the real world, with Harvey Mackay

On this episode, Harvey Mackay is back – this time to talk about how persistence and integrity still win the day, even in our nanosecond world. Harvey Mackay’s book The Mackay MBA of Selling in the Real World is full of his wisdom. That doesn't mean that it’s slick with trendy concepts. Harvey reveals how to build solid success with knowledge he's earned from decades of running an enormously successful envelope business. Plus, he delves deeper into concepts from his newspaper columns and bestselling books such as “Swim with the Sharks without Being Eaten Alive,” where he introduced the Mackay 66 customer profile checklist. Harvey talked a lot about that in Episode 7 of Ignite – be sure to check it out.
SHOW NOTES:
02:00 Harvey talks about the importance of persistence and determination to the insurance industry.
03:10 When Harvey first started out in the business world, he had a phenomenal lesson in persistence.
04:15 In his book, Harvey talks about "The Law of Large Numbers." How does that relate to persistence?
06:25 How can someone keep motivated when they feel like they've had their teeth knocked in for a solid week?
07:10 In his book, Harvey discusses a seismic shift in the marketplace, with technology being a huge factor. How does he think that has affected clients' buying patterns?
08:10 Clients have a dangerous amount of information. How does Harvey’s company overcome that – especially in a business like envelopes, where it appears that so much is just cut-and-dried?
11:00 Harvey is quick to point out that he was never creative – until he taught himself to be.
12:20 Another great example of using creativity to take care of a client – from something Harvey did when he was president of the University of Minnesota Foundation.
15:50 Harvey has said that integrity is the backbone of sales. As he puts it, “Honesty is the best policy, even when it has a high premium.”
19:00 Both the Mackay 66 and the Mackay 25 are vital for getting to know your customer on a deeper level, and giving you that unbeatable competitive edge. How can a salesperson about asking these questions without appearing to be a stalker?
20:45 Harvey has some great motivational tips – in all of his books. How does he personally get motivated every day?


#7: Becoming indispensable, with Harvey Mackay
#9: The Ultimate Success Playbook with Maribeth Kuzmeski PHD
Advisor News
- Women say their advisors respect them, but talk down to them
- How PEPs compare with traditional 401(k)s
- Allianz studies why 42% of Americans retire sooner than expected
- Why advisors should be talking about life settlements
- Millennials are ready to bring their advisor to the family table
More Advisor NewsAnnuity News
- NAIC regulators continue pushing for annuity illustration updates
- Wink: Flat first-quarter annuity sales fall just short of $100B
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
More Annuity NewsHealth/Employee Benefits News
- Cigna dropping employee coverage of GLP-1 drugs
Cigna drops coverage of GLP-1 obesity drugs for its own employees
- Idaho has the fifth-highest rate of uninsured young kids, report finds
- Filing details Pima County's legal challenge to ACA changes
- Missouri lawmakers look to ban time limits on anesthesia coverage
- Salem council shows support for single-payer health insurance program
More Health/Employee Benefits NewsLife Insurance News
- Prudential announces more layoffs as insurer continues to restructure
- Pradip Patiath Joins Securian Financial Board of Directors
- Over $107 million in life insurance benefits located for Tennesseans in 2025
- Study Data from National Institutes of Health Provide New Insights into Law and the Biosciences (Taking actuarial fairness seriously: what is required for the ethical use of genetics in insurance?): Legal Issues – Law and the Biosciences
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
More Life Insurance News