What Does a Business Development Manager Do?

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  • Опубліковано 21 чер 2021
  • Call Dave Lorenzo (786) 436-1986

КОМЕНТАРІ • 80

  • @DaveLorenzo
    @DaveLorenzo  3 роки тому +6

    Do you want a business development strategy that actually works? Download this now: 👉 GET YOUR FREE GIFT FROM DAVE
    www.RevenueRoadmapGuide.com

  • @honestlynate7922
    @honestlynate7922 2 роки тому +34

    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

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +3

      Thanks for watching!

    • @imt3206
      @imt3206 Рік тому +3

      Wow, mate. That’s great.
      Congratulations and I hope you’re doing well

    • @bonisilemgidi3896
      @bonisilemgidi3896 Рік тому +6

      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
      @degend3331 Рік тому

      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
      @SadTattoos Рік тому

      How did you start off in the beginning once you obtained your 4 year degree?

  • @jayjerome3079
    @jayjerome3079 2 роки тому +9

    I am beyond grateful I stumbled upon your content😁😁😁 and the way you explain it I'm definitely subscribing

  • @karycheda1151
    @karycheda1151 3 роки тому +2

    Dave - this is my favorite video so far. Thank you

  • @silvermediastudio
    @silvermediastudio 2 роки тому +9

    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.

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +1

      Thanks for watching

    • @silvermediastudio
      @silvermediastudio 2 роки тому +2

      @@DaveLorenzo You're welcome, thank you for the video. I hope my two-line summary does it justice.

  • @avaceleste
    @avaceleste 7 місяців тому

    I will be creating the BDM role. Done sales management and CXM. Look forward to learning more from your channel.

  • @franciscomanuel4834
    @franciscomanuel4834 2 роки тому +8

    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

  • @Valtimax
    @Valtimax 3 роки тому +8

    Perfect description of business development manager responsibilities

  • @MJ-xb8so
    @MJ-xb8so 3 роки тому +5

    Great video and useful information. Thanks, Dave!

  • @fridahnawelwa9099
    @fridahnawelwa9099 2 роки тому +4

    This video has really open my mind, thank you so much sir.

  • @paulsandoval4161
    @paulsandoval4161 3 роки тому +12

    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 🤷🏻‍♂️

    • @DaveLorenzo
      @DaveLorenzo  3 роки тому +6

      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.

    • @paulsandoval4161
      @paulsandoval4161 3 роки тому +4

      @@DaveLorenzo retrospectively yes I am glad I did not get it 😂😂

    • @ahmedhabeeeb
      @ahmedhabeeeb 2 роки тому +1

      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)

  • @kimberlyramkisson849
    @kimberlyramkisson849 2 роки тому +2

    Great job I totally understand. Thanking you from 🇹🇹

  • @geezytheexplorer1390
    @geezytheexplorer1390 2 роки тому +2

    Great video! The examples were right on the money 👌🏾 New subscriber over here!

  • @coincollectingfun
    @coincollectingfun Рік тому +1

    Liked and subscribed! Excellent information!

  • @dlo68
    @dlo68 3 роки тому +5

    Great video for all business development managers

  • @dahlialorenzo8958
    @dahlialorenzo8958 3 роки тому +5

    Outstanding video for business development managers

  • @cammy60467
    @cammy60467 2 роки тому +2

    Thank you this was helpful!

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +1

      Glad it was helpful! Thanks for watching!

  • @MiamiRedStorm
    @MiamiRedStorm 3 роки тому +4

    Great information about business development!!!

  • @7reef449
    @7reef449 2 роки тому +2

    Very helpful thanks

  • @5canwalk
    @5canwalk 3 місяці тому

    Useful sharing🎉❤

  • @augustinetwumasi5031
    @augustinetwumasi5031 2 роки тому +2

    Great video
    Love you Dave .
    Greetings from Ghana

  • @KaryCheda
    @KaryCheda 3 роки тому +4

    Great video and great business dev strategy

  • @NubiaRodríguezOficial
    @NubiaRodríguezOficial Рік тому

    Thank you for the video. What kind of resources does the company have to provide to the BDM?

  • @melissakhlif
    @melissakhlif 10 місяців тому

    So smooth

  • @inantooetomo9674
    @inantooetomo9674 Рік тому

    thanks dave

  • @cartergomez5390
    @cartergomez5390 Рік тому

    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 😅

  • @doremisadii7847
    @doremisadii7847 2 роки тому +2

    Hi there, do you write reports as a business development manager?

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +2

      Sometimes. It depends upon the job and company. Thanks for watching

  • @jacklynch8117
    @jacklynch8117 2 роки тому +3

    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

  • @ZahirAlasmar
    @ZahirAlasmar 24 дні тому

    I think all the above activities are normally done by marketing and sales executives, directors and mgr's.

  • @medhatadelemam5830
    @medhatadelemam5830 2 роки тому +2

    Wow Dave, I love your content. I am going to get close to you, would that be okay :)?

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +2

      If that means you're going to watch videos each day, sure.

  • @zariahstar858
    @zariahstar858 3 місяці тому

    You all in UA-cam talk about Business development manager ... I was offered a position from a supervisor to a business development Assistant. I have searched UA-cam but all i see BDM. Please talk about BDA

  • @RayoBeatz
    @RayoBeatz Рік тому

    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
      @DaveLorenzo  Рік тому

      Watch the 1000 other videos on this channel

  • @johnsondoeboy2772
    @johnsondoeboy2772 Рік тому

    Is a Business Development Director the same as a Business Development Manager?

    • @DaveLorenzo
      @DaveLorenzo  Рік тому

      It depends on the job and the company

  • @robmorrow6517
    @robmorrow6517 2 роки тому +1

    I’m just about to go into a BDM role, never done sales before in my life… help me lol

  • @fenbury
    @fenbury 2 роки тому +1

    blink once if you can hear me...

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +2

      Interesting comment. Thanks.

  • @JosefwitdaCoatOn
    @JosefwitdaCoatOn 8 місяців тому

    Dave your trippin! I developed a $40 million territory cold calling

  • @HMASIF
    @HMASIF 6 місяців тому +1

    Lol wtf is this guy talking about

  • @Raja00727
    @Raja00727 2 роки тому +1

    Not convincing

    • @DaveLorenzo
      @DaveLorenzo  2 роки тому +4

      Thanks for watching

    • @zariahstar858
      @zariahstar858 3 місяці тому

      Are you sick in the head or something? How is this not convincing