Growing a practice or a business is way easier than most advisors make it out to be.
Their problem is that they’ve been taught that they need to be frantically and furiously networking, buying and then contacting members off of “hot lists”, writing press releases and making public appearances, and bombarding social media outlets to get their brands “out there”.
All of these practices may have some value, but the most powerful and too often overlooked way to grow a professional practice or service business is to focus first on the clients you already have. You do this by serving them with all of your ability and in every way you can, and by surprising and delighting them along the way.
If you make your interactions with your past and existing clients as powerful as they can be, they will want to tell stories of their interactions with you to other people. Fiercely loyal working relationships begin with providing unparalleled service.
Great service starts with making “good lemonade”. In his now-out-of-print 1998 children’s book, Good Lemonade, author Frank Asch tells the story of a boy who starts out with a busy lemonade stand because he offers a better price (with lots of discounts) than his competitor, the boy up the street.
The boy up the street is charging more for the lemonade at his stand. As the summer days roll on, however, the higher-priced competitor is becoming busier and busier, and fewer people are coming to the less expensive stand.
In the end, our little boy visits his competitor’s stand and learns that the lemonade there is simply much better than his.
How’s your lemonade? Are you giving your current and past clients enough personal contact? Are you serving them in every way you can? Are you doing your best job for them? These are the minimum standards for great service.
SURPRISE AND DELIGHT
Clients tell stories about you when you do special things to show you care, such as:
~Calling them on their birthdays
~Knowing when their anniversaries are and surprising them with timely gifts
~Sending them articles or books that you know they’ll find interesting or helpful
~Bringing their kids face-painting kits on Halloween or pies on Thanksgiving
~Remembering their favorite flavors of ice cream
~Bringing chew toys for their pets
~Stopping by or calling for no reason at all—just to see how they’re doing.
In my past life as a lawyer, I would arrive at a real estate closing with a bottle of champagne for my clients and present it to them when all the papers were signed and the money had finally changed hands. Not only did I delight my clients—who came back to me again for other reasons and who referred their friends and associates to me—but sometimes I also delighted the people on the other side of the transaction, who would hire me the next time around. Was it just so they could get a bottle of champagne at their closing, or had they seen how well I worked with my clients all along?
I remember one realtor saying, “I should have thought of that!” (And she should have.)
If going out of your way like this seems too much to fathom, remember that there’s a huge difference between doing things so that your clients will think you’re “a nice person”, and doing things to acknowledge and value your clients as human beings—to thank them for their continued relationship with you.
Make an effort not only to serve, but to surprise and delight your best clients, and they will tell stories about you to their friends and associates. Those listeners may just want to have good stories to tell about their service provider, as well—and they’ll know where to find one the next time around.
Want to learn how to do this and still have time for everything else, book a quick conversation with me.
Learn to send chills with your spookily-good service, and keep REACHING…