Wednesday, May 29, 2024

‘Tell me what you want, what you really, really want’

 

 


The Spice Girls message tells us how we should be dealing with others  dealings with others.

  

Does your mission statement talk about  excellent customer service and nurturing strong relationships?

 

Its all about nurturing relationships

 

Providing outstanding service is hardly rocket science. How hard can it be to return calls, respond to emails and keep the customer informed of what is going on!

 

The relationship we have with our internal colleagues is, more often than not, fundamental to our own success; Without their support, knowledge and skills the chances of us accommodating our external clients diminishes dramatically.

 

Unless you have fostered constructive internal relationships with those that you are dependant upon, it is quite probable that the demands you make could well fall on deaf ears. 

 

 Few people would consciously set out to sabotage the project – but the request for ‘that little bit extra’ certainly won’t be top of their priority list. It could also be argued that those individuals most stressed in the work-place and most in need of assistance from others are those with the weakest internal relationships.

 

When questioned about what they expected from their colleagues, employees at a major financial institution cited the following

 

  • When they had problems or queries, they were looking for answers and/or solutions. If this information was not available they wanted to know where they could find the answers or solutions they required. They didn’t expect an individual to have all the answers but they did expect individuals to know where to find the answers.

 

  • ‘I want to be listened to, understood and empathised with’. This quote sums up the next three issues. How often are we truly listened to by a colleague who takes an active role in trying to understand what we’re saying. How often do we long to be understood in both our personal and professional lives and how much conflict occurs because of a lack of this understanding. We want to be empathised with – ‘put yourself in my shoes for a moment’, ‘try to understand the limitations and restrictions that I’m working under and I’ll try my hardest to accommodate you’. The greater understanding we have of others the less confusion is likely to arise and the more likely this understanding is to be reciprocated.

 

  • Respect was the final attribute expected from others. “treat people like you want to be treated and you are more likely to obtain the outcome you are after.

 

  • Gratitude - Appreciate the role each individual plays in ensuring the success of your organisation, show this appreciation in your actions and words and enjoy greater success from the demands you place on others.

 

So, if you want to be successful with your external customers ensure you have worked on your relationships with all your stakeholders  – ensure you have ‘made deposits before you start making any withdrawals’.

 

Make the time to invest in building relationships first and the results will come.

the 10 commandments for an entrepreneur -

 

taken at BSI's Christmas party in 2002 

The ten commandments are pearls of wisdom that I have picked up from friends and acquaintances over the years 


1.       Set your goal and go for it

2.       Be tireless and persevere.

3.       Focus on niche markets.

4.       Be decisive and implement decisions quickly.

5.       Listen and be responsive to customers, suppliers, employees, and investors.

6.       Maintain CFN—cash flow now.

7.       Innovate.

8.       Minimize layers of management.

9.       Maximize profits by keeping costs low and productivity high.

10.   Believe in yourself.


ULTIMATE SUCCESS FORMULA

 

Ø  TARGET - Know your outcome.

Ø  ACTION -  Take action that you believe will produce the results you desire – else your desire will always only be your dreams

Ø  DETERMINE RESPONSE - Develop sensory acuity to recognise the responses and results you are getting to determine whether they are moving towards the outcome.

Ø  ADAPT AND CHANGE UNTIL DESIRED RESULT IS ACHIEVED - Develop the flexibility to change your action until you get the result you want to achieve your outcome.


Tuesday, May 28, 2024

You have a meeting with a prospect of note - 11 points to close the sale and create an advocate




  1. Beware of impostor syndrome - you know your product - no one knows it better - you . They are no better than you 
  2. You passionately believe in your product and it will add value to them 
  3. They have same anxiousness as you
  4. Know your product - know them - do your research - what are their pain points ? 
  5. Know the Person - what personality - what are theirs hot buttons - do they like stories or facts 
  6. Find the problem before giving the solution … peel the onion - let them come up with the solution / solutions 
  7. Customise  and personalise to persons needs, wants and desires - is sustainability , dei, right left - what are their hot buttons - they may buy on the bells and whistles - and will always buy on the relationships 
  8. The value gap - give them something that has nothing to do with the product - It’s invariably not about the price or the product - it’s about the relationship 
  9. Underpromise  and over deliver
  10. Follow up - get feedback and google review 
  11. Ask for a referral 


As my friend Rana Kordahi says


“What will set you apart from your customers is you expertise, unique insights, genuine curiosity, authenticity, and sincere desire to add value. And most importantly, the belief that you have in yourself and your products and services.”



Sunday, May 5, 2024

10 Lessons From Ikigai: The Japanese Secret to a Long and Happy Life




1. Find what you love, what you are good at, what the world needs, and what you can be paid for. Your Ikigai lies at the intersection of these four elements.

2. Pursue your passions wholeheartedly. When you engage in activities that you're passionate about, you naturally feel more fulfilled and energised.

3. Keep your body and mind active. Engage in physical activities, mental challenges, and lifelong learning to maintain vitality and cognitive function.

4. Build strong connections with family, friends, and community. Surround yourself with people who support and uplift you.

5. Life is filled with ups and downs. Cultivate resilience to navigate challenges with grace and bounce back from setbacks stronger than before.

6. Strive for balance in all aspects of life—work, relationships, leisure, and personal development. Avoid extremes and seek harmony.

7. Practice mindfulness and savour the present moment. Let go of worries about the past or future and focus on fully experiencing the here and now.

8. Take care of your physical and mental well-being by prioritising sleep, nutrition, stress management, and self-care practices.

9. Cultivate an attitude of gratitude. Appreciate the blessings in your life, big and small, and express thanks regularly.

10. Stay curious and open to new experiences by continuously learning, growing, and evolving as an individual.

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Thursday, May 2, 2024

20/80/20 rule



80/20/80 as it relates to your business 

If you look at your business Profits

Do 20% of your clients (A grade clients ) will bring in 80% of your Profits with 20% of your energy  ?


 If that’s the case - 80% of your clients  (B grade clients ) bring in 20% of your profits from 80% of your energy? 


 What are the things you need to do to get b grade clients to A grade clients? 

If you look at your employees 

This principle can also be applied to many other things.  

Replace “Clients” with “Employees”


Do 20% of your employees (A grade employees ) bring in 80% of your Profits with 20% of your energy  ?


 If that’s the case - 80% of your employees  (B grade employees ) bring in 20% of your profits from 80% of your energy


80/20/80 as it relates to your life 

If you look at your life 

For non business related issues - replace “profits” with “enjoyment” 

Do 20% of your friends (A grade clients ) will bring in 80% of your enjoyment  with 20% of your energy  ?


 If that’s the case - 80% of your clients  (B grade friends ) bring in 20% of your enjoyment  from 80% of your energy? 


Do 20% of your exercises (A grade exercises ) will bring in 80% of your results   with 20% of your energy  ?


 If that’s the case - 80% of your exercises   (B grade exercises ) bring in 20% of your results  from 80% of your energy? 


 What are the things you can do to turn B grade clients  to A Grade clients  ?

  1. Managing Expectations :- In our business  we've found that it's about managing expectations from the first contact via an Engagement Letter and reminding them of "how we work here" through our “hello pack” . 
  2. Educating your clients on how you work and what is expected of them 
  3. Focussing on “flow 
  4. Continually “Fill the funnel”- every year get rid of bottom 20% to make room for the top 20%

What else?


John Lees - who coined the value gap gave an excellent talk to our #bbgforum - it’s all about performance!!!! The 2nd gap