What Does a Business Development Manager Do?

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  • เผยแพร่เมื่อ 21 มิ.ย. 2021
  • Call Dave Lorenzo (786) 436-1986

ความคิดเห็น • 81

  • @DaveLorenzo
    @DaveLorenzo  3 ปีที่แล้ว +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 ปีที่แล้ว +35

    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 ปีที่แล้ว +3

      Thanks for watching!

    • @imt3206
      @imt3206 ปีที่แล้ว +3

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

    • @bonisilemgidi3896
      @bonisilemgidi3896 ปีที่แล้ว +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 ปีที่แล้ว

      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 ปีที่แล้ว

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

  • @franciscomanuel4834
    @franciscomanuel4834 2 ปีที่แล้ว +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

  • @jayjerome3079
    @jayjerome3079 2 ปีที่แล้ว +9

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

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      Awesome! Thank you!

  • @silvermediastudio
    @silvermediastudio 2 ปีที่แล้ว +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 ปีที่แล้ว +1

      Thanks for watching

    • @silvermediastudio
      @silvermediastudio 2 ปีที่แล้ว +2

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

  • @karycheda1151
    @karycheda1151 3 ปีที่แล้ว +2

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

  • @Valtimax
    @Valtimax 3 ปีที่แล้ว +8

    Perfect description of business development manager responsibilities

    • @DaveLorenzo
      @DaveLorenzo  3 ปีที่แล้ว +2

      Thanks for watching

  • @fridahnawelwa9099
    @fridahnawelwa9099 2 ปีที่แล้ว +4

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

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      You're most welcome

  • @avaceleste
    @avaceleste 8 หลายเดือนก่อน

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

  • @geezytheexplorer1390
    @geezytheexplorer1390 2 ปีที่แล้ว +2

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

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      Thanks for watching

  • @cammy60467
    @cammy60467 2 ปีที่แล้ว +2

    Thank you this was helpful!

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      Glad it was helpful! Thanks for watching!

  • @kimberlyramkisson849
    @kimberlyramkisson849 2 ปีที่แล้ว +2

    Great job I totally understand. Thanking you from 🇹🇹

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      Thanks for watching!

  • @MJ-xb8so
    @MJ-xb8so 3 ปีที่แล้ว +5

    Great video and useful information. Thanks, Dave!

  • @dlo68
    @dlo68 3 ปีที่แล้ว +5

    Great video for all business development managers

    • @DaveLorenzo
      @DaveLorenzo  3 ปีที่แล้ว +1

      Glad you think so!

  • @dahlialorenzo8958
    @dahlialorenzo8958 3 ปีที่แล้ว +5

    Outstanding video for business development managers

  • @7reef449
    @7reef449 2 ปีที่แล้ว +2

    Very helpful thanks

  • @coincollectingfun
    @coincollectingfun ปีที่แล้ว +1

    Liked and subscribed! Excellent information!

  • @paulsandoval4161
    @paulsandoval4161 3 ปีที่แล้ว +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 ปีที่แล้ว +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 ปีที่แล้ว +4

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

    • @ahmedhabeeeb
      @ahmedhabeeeb 2 ปีที่แล้ว +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)

  • @MiamiRedStorm
    @MiamiRedStorm 3 ปีที่แล้ว +4

    Great information about business development!!!

    • @DaveLorenzo
      @DaveLorenzo  3 ปีที่แล้ว +1

      Thanks for watching

  • @augustinetwumasi5031
    @augustinetwumasi5031 2 ปีที่แล้ว +2

    Great video
    Love you Dave .
    Greetings from Ghana

  • @KaryCheda
    @KaryCheda 3 ปีที่แล้ว +4

    Great video and great business dev strategy

    • @DaveLorenzo
      @DaveLorenzo  3 ปีที่แล้ว +1

      Thanks for watching!

  • @5canwalk
    @5canwalk 3 หลายเดือนก่อน

    Useful sharing🎉❤

  • @NubiaRodríguezOficial
    @NubiaRodríguezOficial ปีที่แล้ว

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

    • @DaveLorenzo
      @DaveLorenzo  ปีที่แล้ว

      It depends upon the company

  • @melissakhlif
    @melissakhlif 11 หลายเดือนก่อน

    So smooth

    • @DaveLorenzo
      @DaveLorenzo  10 หลายเดือนก่อน +1

      Thanks

  • @inantooetomo9674
    @inantooetomo9674 ปีที่แล้ว

    thanks dave

  • @cartergomez5390
    @cartergomez5390 ปีที่แล้ว

    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 😅

  • @ZahirAlasmar
    @ZahirAlasmar หลายเดือนก่อน

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

  • @jacklynch8117
    @jacklynch8117 2 ปีที่แล้ว +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

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +1

      Keep watching videos

  • @doremisadii7847
    @doremisadii7847 2 ปีที่แล้ว +2

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

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +2

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

  • @medhatadelemam5830
    @medhatadelemam5830 3 ปีที่แล้ว +2

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

    • @DaveLorenzo
      @DaveLorenzo  3 ปีที่แล้ว +2

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

  • @zariahstar858
    @zariahstar858 3 หลายเดือนก่อน

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

  • @RayoBeatz
    @RayoBeatz ปีที่แล้ว

    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  ปีที่แล้ว +1

      Watch the 1000 other videos on this channel

  • @robmorrow6517
    @robmorrow6517 2 ปีที่แล้ว +1

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

  • @johnsondoeboy2772
    @johnsondoeboy2772 ปีที่แล้ว

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

    • @DaveLorenzo
      @DaveLorenzo  ปีที่แล้ว

      It depends on the job and the company

  • @fenbury
    @fenbury 2 ปีที่แล้ว +1

    blink once if you can hear me...

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +2

      Interesting comment. Thanks.

  • @JosefwitdaCoatOn
    @JosefwitdaCoatOn 9 หลายเดือนก่อน

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

  • @HMASIF
    @HMASIF 7 หลายเดือนก่อน +1

    Lol wtf is this guy talking about

  • @Raja00727
    @Raja00727 2 ปีที่แล้ว +1

    Not convincing

    • @DaveLorenzo
      @DaveLorenzo  2 ปีที่แล้ว +4

      Thanks for watching

    • @zariahstar858
      @zariahstar858 3 หลายเดือนก่อน

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