Framework · 1 note · discussed by Matt Dixon

Omission Bias

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Lenny’s Podcast85 min

The surprising truth about what closes deals: Insights from 2.5m sales conversations

Matt Dixon · May 30, 2024
Key learnings
  • Most lost qualified deals end in 'no decision' rather than to competitors, so diagnosing indecision is a core sales skill.
  • Customers fear being blamed for a bad choice (messing up) more than missing out, so pushing FOMO late in a deal often backfires.
  • Before pushing, judge the buyer's level of indecision using 'pings' that surface whether the hesitation is about choice overload…