SERVE, and Grow Rich

My friend and colleague, coach and author Steve Chandler, recently wrote this:

“Most people try to move toward wealth in embarrassing, clumsy ways.  They have cynicism programmed into them from an early age.  So they want a course called Manipulate and Grow Rich, or Network and Grow Rich or Win People Over and Grow Rich.”

“They see companies like Apple, Amazon, Nordstrom, Whole Foods, Southwest Airlines, and Google, and they think ‘I need a big, clever idea like that!’ or ‘I need diabolically opportunistic branding and positioning!’  When that doesn’t work, then they think it’s time to suck up to powerful people…polish some apples and lick some boots!  Why?  Because it’s Who You Know that makes you rich!”

Yet all the while, there is a spirit that runs through all radical wealth creation…and we’ll keep it simple by calling it service.  All the individuals and companies I have worked with in the past 30 years revealed to me this underlying truth: wealth comes from profound service.”

If you’re working on your Business Plan for 2014, make sure it includes serving your clients profoundly.  If it does, this will be a great year for you.

To get specific, here are a few of Steve’s (and my) tips:

1.  Stop Pleasing and Start ServingAs children, we are conditioned to please.  “Were you a good girl, today?” Daddy asked, and what he meant was: Were you sweet, passive, obedient and not too vocal about your opinions?  Never did we hear him ask: “Were you bold and powerful?”  Or, “Were you courageous?”

Adults were the people with the money and power.  If we pleased them, we’d get that ice cream or that allowance.  As a result, too many of us learned to default to pleasing.  We want our clients to think we’ve been a good little boy or girl, so if we think there will be resistance to what we believe serves them best, we choose what will please them instead of what we believe they should do or have.

If we served instead pleasing, we would astonish our clients, instead of simply being “a nice guy”.  We would be making a real difference in another person’s life.

2.  Create Agreements, Not Expectations.  We become anxious because a client or prospect hasn’t done what we think they “should have” done.  Expectations belong in the recycle bin, along with ideas like a “no” answer being a rejection.  To fully serve and grow rich, you don’t need those anymore.  In fact, they will slow you down and give you a life of disappointment—even causing nagging and persistent feelings of betrayal.

If you want a client to do something, create an agreement.  Agreements serve because they are creative collaborations that honor both people.  They are like a co-written song.  Expectations, on the other hand, live and grow in us like cancer.  Nothing good can come from them.

3.  Don’t tell a client she’s wrong.  Proving that your client’s or prospect’s view or understanding about the world is wrong—no matter how ridiculous her opinion might be—is not serving.

Listen for the value in what she is saying before you respond.  Recognize the merit, and acknowledge that you see it.  Agree with the “objection” rather than trying to overcome it with a humiliating argument.  Instead, agree with her, and find a way to “reframe” how she’s seeing it.

“I understand that you don’t believe in life insurance, and if I saw it the way you’ve explained you do, I wouldn’t believe in it either.  What I do believe in is making sure my family has money at the most critical time that I won’t be able to help.  If we didn’t call it ‘life insurance’, wouldn’t that be something you’d want your family to have?”

Make 2014 the year of profound service, and it’s bound to be your best.  In the meantime, keep REACHING…

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16 Disciplines

I suppose it would have been more fun if I called them 16 “hot tubs” for advisors, or less intimidating if I called them “practices,” but after 17 years of working with and observing how the most successful advisors, it's clear that there are branches of knowledge involved. 

 

Practice these simple 16 disciplines daily and watch how quickly and easily your practice grows.

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