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'Mastering the World of Selling' 08/30/10

 

When one of your business relationships passes you a referral, don’t assume that the prospect is ready to hear a presentation on your product or service. When an associate passes you a referral, say thanks . . . then start digging for more information. You will want to determine whether what you offer is a fit for what the prospect needs.  Taking the time to do this upfront saves a lot of time and energy–for both you and the prospect. Exactly what does the prospect do? What products or services does ...

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Census Survivor 08/26/10

 

Your first thought after reading the title of this blog might have been . . . “Census Survivor,” what’s there to survive?”  Well, for one medium-sized suburban district office of the 1980 census, not that much . . . unless you count six dog bites, three car accidents and 11 attempted assaults (two at knife point, four at gunpoint, two with a baseball bat and the rest merely by hand), as well as a census worker who fell down a flight of steps, another who had a door slammed on her hand a...

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Being 'in Sync' With Your Networking Partners 08/23/10

 

My wife, Beth, and I were in South Africa recently on safari at Camp Jabulani in the Kapama Reserve. Camp Jabulani has a beautiful suspension bridge between the main lodge and the guest suites. If you’ve ever walked over a suspension bridge, you know the feeling of the springiness under your feet as you walk. It was almost like wearing those Moon Boots I got for Christmas as a boy! As we made our way over the suspension bridge, we noticed pretty quickly that when we did not walk in sync, the bridge’s flex...

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Results Talk. Everything Else is an Excuse. 08/19/10

 

I had a conversation with a franchisee a few weeks ago and I’ve been thinking about it for some time since.  We were talking about a marketing strategy that has proven to be very successful for many franchises within his company for many years. When I asked the franchisee why he wasn’t participating in the program he said, “I don’t want to do that.  I don’t think it works.”  I said, “Really?  The top three franchisees around the country use it– just what about...

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Entrepreneur Magazine's Winning Strategies for Business Conference 08/16/10

 

Entrepreneur magazine’s Winning Strategies for Business Conference is being held in Long Beach, Calif., on Oct. 5. If it’s possible for you to attend, I highly recommend that you go. This event offers serious educational value, plenty of opportunities to network and, best of all, registration is FREE! I’ll be giving the keynote presentation, “Networking Like a Pro,” during the morning session and I’ll be talking about how to create, maintain and serve a wide network and enjoy great...

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How Soon Should You Expect Profitability from a Relationship? 08/12/10

 

Over the past couple of weeks, I’ve written a few blogs on the VCP Process® of networking and, since I’ve already covered visibility and credibility in detail, today I’m going to tell you what you need to know about profitability, the third and final phase of the VCP Process. The mature relationship, whether business or personal, can be defined in terms of its profitability. Is it mutually rewarding? Do both partners gain satisfaction from it? Does it maintain itself by providing benefits to bo...

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Moving from Visibility to Credibility 08/09/10

 

In last Thursday’s blog, I explained that visibility, the first phase of the VCP Process®, brings the opportunity to build credibility and that credibility is what will ultimately get you to profitability, where you’ll actually benefit from your networking and relationship building efforts. So how do you move from visibility to credibility?  Well, once you and another individual achieve visibility with each other, meaning you’re aware of each other and the nature of each other’s business, yo...

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Farming for Referrals 08/05/10

 

If I could impart one piece of wisdom regarding networking and getting more referrals, it would be this: Networking is about farming for new contacts, not hunting them. It’s a point that needs to be made, because most business professionals go about networking the way our cave-dwelling ancestors went about hunting food–aggressively and carrying a big stick. You’ll see them at any gathering of businesspeople. They’re so busy looking for the next big sale or trying to meet the “right̶...

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The First Phase of the VCP Process–Visibility 08/02/10

 

Last week I wrote a blog explaining the VCP Process, which is a huge part of the foundation of networking. Because this process is so crucial to effective networking, I promised to write a blog entry for each of the three phases (visibility, credibility and profitability), and today I’m going to talk about why it all starts with visibility. The first phase of growing a relationship is visibility: You and another individual become aware of each other.  In business terms, a potential source of referrals or...

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