If you’ve clicked over to this letter then you’re obviously interested in taking your career to the next level. Let me tell you how I can help.
Every Tuesday, you will get an actionable piece of advice from Don Connelly, related blog posts on the topic, and what's new on the blog PLUS Don's "10 Great Analogies" in pdf format right away.
If you went out of business tomorrow, would your clients miss you? In our day-to-day lives, most of our relationships are transient and most vendors are replaceable. Our drycleaner goes out of business and a new one pops up. Our insurance agent retires, and our account gets reassigned. Avoid the stigma of replaceability by making yourself irreplaceable. What is it you offer that cannot be found in any other Advisor in your town?
Asking for a commitment cannot be a dramatic moment. The asking must be conversational. If you are not comfortable asking, perhaps one of the ideas will set your mind at ease.
Clients often change Advisors when they feel the service is no longer personalized. Here are five things you can do to ensure clients continue to hold you in high esteem.
To give you his or her loyalty, a client has to be convinced that you totally understand their needs. They need to feel that you get it. Be likeable, be trustworthy and be consistent. Think like a lifer.
Ask clients if they will be willing to follow your advice even if they disagree with you. Then tell them the story of the Acapulco cliff divers.
Short stories from Advisors explaining why and what they do for their clients.
People do business with people they like. Simple acts of kindness make a bigger difference than you may realize.Running Time: 1:42
Don shares a couple of ideas from Advisors that effectively explain the value they can bring to their clients.Running Time: 1:31
People never look for the cheapest price if the relationship is more important than the price. We all need strong relationships in order to succeed. A key to building a strong relationship is to make the other person feel important.Running Time: 3:33
Service around the world has slipped so badly that we have lowered our expectations. We expect bad service and we are not surprised when we don't get it. When someone just does their job right, we want to give them a ten out of a possible ten. If you want to separate yourself from the crowd, care more than the crowd cares. Everybody is content to do the minimum. Don't be like that. Be different.Running Time: 3:36
Going above and beyond the call is great for relationships. Running Time: 1:03
Cadaret Grant published a great article discussing what clients seek when choosing an Advisor. Heed these words. Running Time: 2:42
Make sure your clients give you all their business. Running Time: 2:07
You can't control the markets. You can only control your clients' reactions to the markets. Running Time: 3:02