How can you build resilience and manage stress in banking sales? (2024)

Last updated on Feb 25, 2024

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1

Understand your stress triggers

2

Manage your emotions

3

Build your support network

4

Develop your skills and knowledge

5

Balance your work and life

6

Practice self-care

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Here’s what else to consider

Banking sales can be a rewarding but challenging career, especially in times of uncertainty and change. You may face high expectations, demanding customers, and intense competition. How can you cope with the pressure and stay motivated and productive? Here are some tips to help you build resilience and manage stress in banking sales.

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  • Yann Chammartin Conseiller Private Banking - Key accounts chez BCV - Banque Cantonale Vaudoise

    How can you build resilience and manage stress in banking sales? (3) 9

How can you build resilience and manage stress in banking sales? (4) How can you build resilience and manage stress in banking sales? (5) How can you build resilience and manage stress in banking sales? (6)

1 Understand your stress triggers

Stress is a natural response to situations that threaten your well-being or goals. However, not all stress is bad. Some stress can help you perform better, learn faster, and adapt to new challenges. The key is to identify what causes you positive or negative stress, and how you react to them. For example, you may feel positive stress when you have a clear target, a supportive team, and a rewarding outcome. You may feel negative stress when you have unrealistic deadlines, unclear expectations, or difficult customers. By knowing your stress triggers, you can avoid or reduce the ones that harm you, and leverage the ones that help you.

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    One of the best ways to build resilience and manage stress in banking sales is toimprove your skills and knowledge,By learning new things, you can enhance your competence, confidence, and creativity. You can also expand your opportunities, overcome your weaknesses, and solve your problems.

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  • Kevin Martinez, Drucker MBA Candidate Vice President at First Citizens Bank | MBA candidate at The Drucker School of Management
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    Throughout my career I have operated in several different capacities, common theme between them all: high levels of stress.For me, it really boils down to “routine”. A routine which prioritizes my health, optimizes my performance, creates a sense of balance within myself, and equally creates the capacity for inspiration.5:00 AM: wake up, walk dogs, make coffee prepare for the gym, respond to emails which may need my attention5:30 AM – 6:30 AM: Gym6:30 AM - 7:30 AM: Make a shake, breakfast, drink coffee, mediate and reflection through daily reading7:30 AM – 8:00 AM: Emails / calls / pressing tasks. Begin commute to office8:00 AM – 5:00 PM: continue through my workday, client appointments, reaching out to prospects, marketing etc.

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2 Manage your emotions

Emotions are powerful drivers of your behavior and performance. They can also affect your relationships with your colleagues and customers. When you are under stress, you may experience a range of emotions, such as anger, frustration, anxiety, or fear. These emotions can cloud your judgment, impair your communication, and lower your confidence. To manage your emotions, you need to recognize them, label them, and express them in healthy ways. For example, you can use breathing techniques, positive affirmations, or journaling to calm yourself down, boost your mood, or vent your feelings.

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  • Nathanael Ramsdell National Account Manager, B2B - Consultant - Reduce the cost of doing business through technology

    Emotion is a tool that can have its uses in the workplace to inspire a team, persuade a client, and build great partnerships. But it is also a tool that should be used the right way and kept under control. When we use emotion in the right way, it can have a multiplier effect on positive outcomes, but when we let emotion control us, many times the negative emotions take over.

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  • Larry O'Neill Universal Banker III at BankWest - South Dakota
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    Emotions are the strongest trigger to stress. Your confidence can override the stress forced on you and can help you to calm others. the old saying"never let them see you sweat". That means show confidence and that will help calm others and boost yor confidence.

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3 Build your support network

You are not alone in your banking sales journey. You have a network of people who can support you, such as your manager, your peers, your mentors, or your friends and family. These people can offer you advice, feedback, encouragement, or empathy. They can also help you cope with stress, celebrate your achievements, or share your challenges. To build your support network, you need to reach out to them regularly, communicate openly and honestly, and show appreciation and gratitude. You can also seek professional help if you need more guidance or assistance.

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  • Nathanael Ramsdell National Account Manager, B2B - Consultant - Reduce the cost of doing business through technology
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    Your team may be best able to understand and provide support, but couple that with a proper focus on other goals outside of work. Family and friends can provide perspective and support that keeps your life balanced.

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  • Larry O'Neill Universal Banker III at BankWest - South Dakota
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    Rind someone you can confide in. That would probably be someone not associated with your job. Because not everyone you speak to at work will have your best interests at heart. But you do need a support network at your job also.

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4 Develop your skills and knowledge

One of the best ways to build resilience and manage stress in banking sales is to improve your skills and knowledge. By learning new things, you can enhance your competence, confidence, and creativity. You can also expand your opportunities, overcome your weaknesses, and solve your problems. To develop your skills and knowledge, you need to set realistic and specific goals, seek feedback and coaching, and embrace challenges and failures. You can also use various resources, such as online courses, books, podcasts, or webinars, to update yourself on the latest trends, best practices, and innovations in banking sales.

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  • Larry O'Neill Universal Banker III at BankWest - South Dakota
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    Always strive to learn and take one new things. It may be difficult but in the long run it will pay dividends. I was told many years ago that when you start a new job to always make yourself indispensible. I have always strived to do that, most pf the timeit works well.

  • Emmanuel Jarero Ojeda Banquero Patrimonial en BBVA | Lic en Finanzas y Banca | Asesor en estrategias de inversión.
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    Uno de los principales puntos que he visto que puede causar estrés es el desconocimiento o falta de experiencia en las diferentes áreas, cuando te enfrentas a problemas no comunes y requieren mucho más atención y esfuerzo. El principal punto es seguir esforzándote por la mejora y el aprendizaje continuo, esto te lleva a un dominio de una mucho mayor cantidad de temas y esto se convierten en una mejor asesoría y mejor conversión en el tema de ventas.

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5 Balance your work and life

Banking sales can be demanding and time-consuming. You may have to work long hours, deal with multiple tasks, and meet tight deadlines. However, you also have a life outside of work, where you have other roles, responsibilities, and interests. To balance your work and life, you need to prioritize your tasks, delegate or outsource what you can, and set boundaries and limits. You also need to make time for yourself, your health, and your hobbies. By balancing your work and life, you can reduce your stress, prevent burnout, and enhance your well-being and happiness.

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  • Nathanael Ramsdell National Account Manager, B2B - Consultant - Reduce the cost of doing business through technology
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    I’ve discussed the importance of a proper focus and priority outside of work to maintain balance. Again, be sure to prioritize your health and wellness to reduce stress and be at your physical and mental best. Again, family and friends can provide perspective and support that keeps your life balanced as well.

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  • Abid Ali 🎉Award winning Marketer 💻Digital marketing 📝Blog and Contant Writer
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    Finding a balance between work and life is essential! Prioritize tasks, set boundaries, take breaks, and make time for activities you enjoy outside of work to maintain a healthy balance.As much as I'd love to dive into work 24/7, taking breaks to recharge, setting boundaries, and making time for hobbies keeps the balance in check!

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6 Practice self-care

Self-care is the act of taking care of your physical, mental, and emotional needs. It is not selfish or indulgent, but essential and beneficial. By practicing self-care, you can boost your energy, mood, and resilience. You can also prevent or reduce stress-related illnesses, such as headaches, insomnia, or depression. To practice self-care, you need to adopt healthy habits, such as eating well, sleeping enough, exercising regularly, and relaxing often. You also need to treat yourself with kindness, compassion, and respect.

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  • Chandawin LUY
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    Exactly yes! I have done for myself as a major need from 2017 that giving me such a good result for both physical and mental health. And these two things support us for success in both personal and professional intelligent.

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  • Nathanael Ramsdell National Account Manager, B2B - Consultant - Reduce the cost of doing business through technology
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    This has come up several times, but it is worth repeating. Your health and wellness will keep you mentally and physically resilient. Whether combating the negative effects of stress, fatigue, or even illness - sleep, diet, and exercise are paramount to long term success.

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7 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?

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  • Yann Chammartin Conseiller Private Banking - Key accounts chez BCV - Banque Cantonale Vaudoise
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    Avoir confiance en soi et dans sa mission.Il est plus «facile» de réaliser un travail, quel qu’il soit, si on est convaincu de 1) ses propres compétences pour réaliser ce travail2) la qualité du travail/produit que l’on fournit3) la société pour laquelle on exerce ce travail

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  • Islam Wahid Financial Manager at KAH Middle East General Trade
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    Prioritize tasks and manage your time efficiently.Set realistic goals and break them into smaller steps.Practice mindfulness and relaxation techniques.Maintain a healthy lifestyle with exercise and proper nutrition.Seek support from colleagues and consider professional help if needed.Continuously learn and stay updated in your field.Maintain work-life boundaries and engage in self-care.Cultivate a positive mindset and seek feedback for improvement.Develop emotional intelligence for better client interactions.Use time management tools to stay organized.

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