Ambitious accountants

Business tips, insights and ideas from Mark Lee

Do you suffer from premature evaluation?

I’ve mentioned my friend Richard J White before. I’ve just read a piece on his blog that reinforces the advice I give in my talk on How to make more money from your smaller clients. It also relates very closely to this previous posting of mine along similar lines last August. Below I’ve taken Richard’s analogy and adapted it slightly for ambitious professionals.

Imagine being in pain and going to your doctor for some help. Within moments of your arrival the doctor starts telling you, very enthusiastically, how similar your pain is to the previous patient, what is wrong with you and what medicine you need to take.

How would you feel if that happened? Would you trust the doctor? The doctor could be right but you will be more likely to trust their advice if they spent a little time finding out more about your specific pain rather than just making assumptions and talking, talking, talking!

The same is true for ambitious professionals. You need to give your prospects some credit for intelligence. You need to assume that they can tell if you are listening to them or are just interested in flogging them your services.

People do not like being sold to, but they do like to buy. Successful ambitious professionals look to build trust and a long-term relationship by working with human nature rather than against it.

If a prospect feels that you are more interested in selling your services than solving their problems then you are unlikely to gain their confidence or to encourage them to engage you to do more than the bare minimum (if that). Your relationship with the new client will always be vulnerable no matter how likeable you are.

When you meet with a prospective new client they need to feel that your focus is 100% on them and that you are going to give them the right advice for their issues. They like the fact that you have experience but they want you to apply that experience to their specific issues rather than just making assumptions.

In my posting last August I took this idea a stage further and recommended that ambitious professionals could get more favourable feedback from their clients by taking a two-step approach rather than getting straight to the answer right away. This is very similar in concept to the idea of avoiding instant diagnosis. We wouldn’t trust a doctor who operated like that so why should we expect clients to appreciate such an approach?

There is a term for the condition where professionals (or indeed anyone trying to sell their services or products) get very excited and enthusiastically sell all over the place without bothering to take an interest in their prospect’s problems – It’s called ‘Premature Evaluation’ and there is a lot of it about!!!

April 3, 2007 - Posted by bookmarklee | Adding value | | No Comments Yet

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