Latest / What is Business Development? / Episode 130: "The Business Development Shift" with Doug Ott
Transcript
- 0:03Speaker 1: Welcome to the Business Development Podcast, brought to you by
- 0:06Speaker 1: the Global Business Development Association, delivering the strategies and tactics
- 0:11Speaker 1: to boost your career and corporate growth.
- 0:20Speaker 2: Hello BD pros, and welcome to the Global Business Development
- 0:25Speaker 2: Association podcast called What is Business Development? And today we
- 0:31Speaker 2: have a very special guest, Doug Aught. And Doug is
- 0:34Speaker 2: the author of this book called The Business Development Shift,
- 0:39Speaker 2: How to Win clients through intellectual curiosity and Consistency. And
- 0:45Speaker 2: let me ask you, folks, and you know, as business developers,
- 0:49Speaker 2: life can be tough, and most professionals struggle with business
- 0:53Speaker 2: development because they mistakenly believe it's solely about selling. It's not.
- 0:58Speaker 2: It's about discovery. And on top of that, most professionals
- 1:03Speaker 2: are never taught how to develop business, let alone how
- 1:07Speaker 2: to do it in a way that feels natural, repeatable,
- 1:10Speaker 2: and authentic. And having that business development training is so critical.
- 1:19Speaker 2: And that's the reason why I wrote the Business Development
- 1:23Speaker 2: Body of Knowledge. It's available on Amazon and when you
- 1:27Speaker 2: read that book, you are then able to take the
- 1:30Speaker 2: Business Development Professional certification and you can get more information
- 1:35Speaker 2: about that by going to the GBDA website at GBD
- 1:40Speaker 2: Association dot org. Now let's jump into Doug's book, and
- 1:46Speaker 2: let me start off by telling you a little bit
- 1:48Speaker 2: about Doug. He has twenty five plus years coaching thousands
- 1:53Speaker 2: of professionals across professional services sectors like lawyers, consultants, accountants,
- 1:59Speaker 2: bdprofessionals and leaders to transform how they approach business development.
- 2:05Speaker 2: And in this book, Doug shares the mindset shifts and
- 2:09Speaker 2: real world strategies that transform business development from an intimidating
- 2:14Speaker 2: chore into a relationship driven habit. From overcoming fear and
- 2:18Speaker 2: building confidence to asking better questions to staying top of
- 2:23Speaker 2: mind with the right people, the business development Shift offers
- 2:28Speaker 2: a clear, practical path to long term growth without the
- 2:32Speaker 2: awkward pitch. Well, let me pitch this to you. Doug.
- 2:37Speaker 2: Welcome to the show, and tell us a little bit
- 2:40Speaker 2: about how did you get into business development and why
- 2:43Speaker 2: did you write the book.
- 2:45Speaker 3: Thank you Toan it's a privilege to be on your show. Yeah,
- 2:48Speaker 3: it's jeez. I got into business development over thirty years ago,
- 2:52Speaker 3: and I've always been intrigued by people in general and
- 2:55Speaker 3: what makes them tick in the behavioral habits and how
- 2:59Speaker 3: to connect with that because it's difficult, I mean, sales,
- 3:02Speaker 3: business development is always a challenging feat and I got
- 3:06Speaker 3: involved early on out of college in the tech world.
- 3:09Speaker 3: I'm from California, Silicon Valley, selling technology products. And then
- 3:14Speaker 3: I slowly shifted into the professional services world when I
- 3:18Speaker 3: joined Deloitte and some other big firms, and I realized, Wow,
- 3:22Speaker 3: building relationships with people who might not need your help
- 3:26Speaker 3: today but eventually down the road, that's a difficult sell.
- 3:30Speaker 3: That is challenging. It's very nuanced, but I was very
- 3:34Speaker 3: intrigued by it. And I realized that you can't just
- 3:38Speaker 3: go into these relationships trying to hard sell somebody or
- 3:41Speaker 3: to pitch them a product like you're selling a car
- 3:44Speaker 3: or a house. You're trying to build a relationship. So
- 3:47Speaker 3: how do you do that? And I learned over the years,
- 3:49Speaker 3: and believe me, I've learned from my mistakes. And when
- 3:53Speaker 3: I started my own consulting and coaching practice about ten
- 3:56Speaker 3: years ago, I studied a lot of the successful solopreneurs,
- 4:01Speaker 3: the coaches and the consultants, and I realized that they
- 4:04Speaker 3: all had published books and they're all well read. And
- 4:08Speaker 3: I thought, you know what, I need to write a book.
- 4:10Speaker 3: But it took me ten years to write it. I
- 4:12Speaker 3: just didn't have the guts. I didn't think I was
- 4:14Speaker 3: a good writer. I started writing articles, and eventually I
- 4:17Speaker 3: got good feedback from people reading my oracles saying you
- 4:20Speaker 3: should write a book. Well, I've got two young kids,
- 4:22Speaker 3: and I just didn't have a lot of time or bandwidth.
- 4:25Speaker 3: But about a year or so ago, I finally put
- 4:28Speaker 3: pen to papers, so to speak, and put in the
- 4:31Speaker 3: time to write the book. And I'm so excited to
- 4:33Speaker 3: have it out in the market. Just launched back in
- 4:35Speaker 3: early March, and it's been great. I've been getting some
- 4:39Speaker 3: excellent feedback from it, and I just really wanted to
- 4:42Speaker 3: reach the market, broader market, to show them what I've
- 4:44Speaker 3: learned over my career and to passit information forward.
- 4:49Speaker 2: Yeah, it's great. And folks, again we're talking about Doug's
- 4:52Speaker 2: new book called The Business Development Shift, How to Win
- 4:57Speaker 2: clients through intellectual curiosity and Consistency, And I find it,
- 5:02Speaker 2: you know, very curious your pathway. You took ten ten
- 5:06Speaker 2: years to write the book, you know, I took at
- 5:10Speaker 2: least three years to write The Business Development Body of Knowledge.
- 5:13Speaker 2: You know. This podcast is partly for business developers who
- 5:16Speaker 2: want to learn the latest and greatest tactics like from
- 5:19Speaker 2: experts like you, Doug. I also consider it a cathartic
- 5:24Speaker 2: opportunity for authors who put so much effort into writing something,
- 5:31Speaker 2: and I feel your pain. I've been through it. I
- 5:34Speaker 2: know how difficult it can be. And it's just such
- 5:37Speaker 2: a wonderful celebration to bring authors like you, top minds
- 5:41Speaker 2: together and just share in the in the joy of
- 5:45Speaker 2: what you've brought to the market. So thank you for
- 5:48Speaker 2: everything that you've done, the whole ten years you put
- 5:51Speaker 2: into writing this. It's a masterful work of art. So
- 5:55Speaker 2: let's dive right into the key takeaways and tactics that
- 5:59Speaker 2: you would like to share with everybody today from the book.
- 6:02Speaker 2: What would be tactic number one you would like to share?
- 6:05Speaker 3: Great question. Tactic number one is you don't need to
- 6:09Speaker 3: pitch people, all right. This is not about pitching your services,
- 6:13Speaker 3: your practice, your firm. This is about leading the relationship
- 6:18Speaker 3: with intellectual curiosity. And I always tell a lot of
- 6:22Speaker 3: my clients who are introverts, you have a distinct advantage
- 6:25Speaker 3: being an introvert because you don't have to talk about yourself.
- 6:27Speaker 3: You'd rather have the spotlight be on the other person.
- 6:31Speaker 3: That's a huge advantage. And so when you can lead
- 6:34Speaker 3: with questions to really learn about what makes this person tick,
- 6:38Speaker 3: both professionally and personally, and make that connection and understand
- 6:42Speaker 3: where their challenges lie and how they're running their business
- 6:45Speaker 3: and how they're trying to solve their challenges of needs.
- 6:49Speaker 3: Now you're starting to get some traction because I tell people,
- 6:53Speaker 3: look at you could either position yourself as a salesperson
- 6:56Speaker 3: on behalf of your business or a problem solver. Choose
- 7:00Speaker 3: and if you want to choose a ladder, like any
- 7:03Speaker 3: good doctor, you have to ask good diagnostic questions first
- 7:07Speaker 3: to be able to understand what their need is and
- 7:10Speaker 3: how you could prescribe a treatment. And a lot of
- 7:15Speaker 3: professionals they put the cart before the horse, they flip it.
- 7:18Speaker 3: They go in talking about themselves and how smart they
- 7:21Speaker 3: are and all the problems that they know they can
- 7:24Speaker 3: solve for the client. But the client's like, well what
- 7:27Speaker 3: about me. You're not even ask any questions about what's
- 7:29Speaker 3: really going on in my world. So if you can
- 7:33Speaker 3: lead through that intellectual curiosity, then you can start to
- 7:37Speaker 3: establish one understand the need, and then you start establishing
- 7:39Speaker 3: the trust.
- 7:41Speaker 2: Yeah. I love that, and I like how you emphasize
- 7:44Speaker 2: for introverts that this can be a very successful profession
- 7:51Speaker 2: for folks, and it may seem awkward at first. And
- 7:54Speaker 2: the funny thing is the fellow author that spoken the
- 8:00Speaker 2: previous podcast also emphasized that the you know, introverts can
- 8:08Speaker 2: actually shine and outperform the extroverts in this field because
- 8:12Speaker 2: their natural tendency is to not talk about themselves. I'm
- 8:16Speaker 2: guilty of that. I'm an introvert despite my online podcast
- 8:19Speaker 2: persona you know, one to one, I'm much more comfortable
- 8:24Speaker 2: asking questions of somebody else and learning about them. So
- 8:29Speaker 2: I really like how you emphasize that it's about asking
- 8:33Speaker 2: those thoughtful, empathetic questions to really understand their challenges and
- 8:38Speaker 2: using the analogy of a physician. And we've also had
- 8:42Speaker 2: previous podcast guest authors who have talked about the analogy
- 8:47Speaker 2: as well of like being a psychologist and or any
- 8:51Speaker 2: other physician, It's okay, well tell me what's the problem,
- 8:54Speaker 2: and let's start diagnosing. Let's start walking through this and
- 8:58Speaker 2: talking through the problems set And I think if anything
- 9:02Speaker 2: like you said, it starts to establish that credibility and
- 9:06Speaker 2: that trust. And as a lot of the listeners know,
- 9:11Speaker 2: I've repeated this many times, it's proven by neuroscience that
- 9:14Speaker 2: trust consists of purpose, empathy, and truth, And so when
- 9:18Speaker 2: you're having those kind of thoughtful engagements, you're really evoking
- 9:24Speaker 2: the empathy and really trying to get to the truth
- 9:27Speaker 2: and showing that you're aligned with their purpose. Hey, you're
- 9:29Speaker 2: trying to get from point A to point B. Let
- 9:31Speaker 2: me help you do that. Okay, let's figure out a
- 9:33Speaker 2: plan when you're engaging like that, Doug, any special way
- 9:40Speaker 2: that you like to ask questions or that you coach
- 9:42Speaker 2: your clients on how they should engage and ask questions.
- 9:47Speaker 3: Yeah, you got to find the right balance. I work
- 9:50Speaker 3: with a lot of people who, you know, they like
- 9:52Speaker 3: to start talking about anything but business. At first, establish
- 9:56Speaker 3: that report and that's fine, but you need to eventually
- 9:58Speaker 3: bridge it over to business because you're having a conversation
- 10:02Speaker 3: with this perspective client with the goal to be able
- 10:05Speaker 3: to help them either in the short term or long term.
- 10:09Speaker 3: So you've got to learn a little bit more about
- 10:10Speaker 3: their business and where there might be a potential fit.
- 10:14Speaker 3: And so you could even just say, hey, tell me
- 10:16Speaker 3: I don't like to use the word what keeps you
- 10:18Speaker 3: up at night? I think that's overused, but just tell
- 10:20Speaker 3: me what are some of the challenges see in the
- 10:22Speaker 3: marketplace right now, especially with the administration, everything that's going
- 10:26Speaker 3: on around the world right now. What are some of
- 10:28Speaker 3: your specific challenges. How are you trying to address those challenges?
- 10:33Speaker 3: When you work with a consulting firm or a law firm,
- 10:36Speaker 3: what do you look for? What's important to you when
- 10:39Speaker 3: working with a lawyer or consultant and asking just you
- 10:43Speaker 3: ask open into questions because you never know what that's
- 10:46Speaker 3: going to open up in the conversation versus a closing
- 10:49Speaker 3: new questions, or do you work with this type of
- 10:52Speaker 3: firm or do you see this is a challenge that
- 10:54Speaker 3: you know, if you have someone on the other side
- 10:56Speaker 3: who's also maybe an introvert, it doesn't talk much, you're
- 10:59Speaker 3: not going to much of a conversation. So yeah, I
- 11:03Speaker 3: just and I put together a list of questions that
- 11:05Speaker 3: people can ask and also eventually some people just like
- 11:09Speaker 3: to talk shop well, eventually got to know what makes
- 11:11Speaker 3: the tick on a person level. So my favorite question
- 11:14Speaker 3: asks is what did you enjoy doing outside of work?
- 11:17Speaker 3: And then you might understand that hey, they have they're
- 11:20Speaker 3: like minded. They like to enjoy doing things that you
- 11:22Speaker 3: enjoy doing. So the next thing you know it. Maybe
- 11:25Speaker 3: the next business development meeting you have with that person
- 11:27Speaker 3: is not in a white tablecloth restaurant that we get
- 11:30Speaker 3: tired of going to, but it could be in a
- 11:32Speaker 3: hike or a bike ride or a dog walk. You
- 11:34Speaker 3: never know. So you want to keep it real. You
- 11:37Speaker 3: want to keep it you know, you're in the people business,
- 11:40Speaker 3: and you want to find ways to connect with people
- 11:42Speaker 3: on a human level. And people can just wrap their
- 11:48Speaker 3: arms around that. That takes the pressure off.
- 11:51Speaker 2: Yeah, it definitely does. It definitely does. And I'm sure
- 11:53Speaker 2: you read a lot of those nineteen nineties books when
- 11:56Speaker 2: I was starting to get into business development. It's all
- 11:58Speaker 2: about building rapport and being their buddy and being their friend.
- 12:01Speaker 2: And that's not it. You know, people don't need another buddy.
- 12:04Speaker 2: What they need is a battle buddy. All right, I'm
- 12:07Speaker 2: taking hits here, help me out, Okay, cover my back,
- 12:10Speaker 2: and let's get through this together. And I love your
- 12:13Speaker 2: approach and I love how you say you know different
- 12:16Speaker 2: methods for different folks. If you're going in position you're
- 12:19Speaker 2: an extrovert and you want to learn about them in
- 12:20Speaker 2: their personal life, that's great. That works for you, but
- 12:24Speaker 2: you also have to be aware of how they are
- 12:26Speaker 2: as an individual, and how they like to operate. So
- 12:30Speaker 2: great advice. I love how you say starting right out
- 12:32Speaker 2: of the gate is really going in with a curiosity mindset. Okay,
- 12:39Speaker 2: let's jump right into key takeaway number two from the book.
- 12:43Speaker 3: Yeah, there's a few words that I use my program
- 12:46Speaker 3: with my clients, and that is you got to be
- 12:48Speaker 3: patient and you gotta be resilient. And so let's talk
- 12:52Speaker 3: about the first one. Patients. He had to understand that
- 12:55Speaker 3: businit development is a long term play for the most part.
- 12:58Speaker 3: Excuse me, it doesn't happen over night. And for anybody
- 13:02Speaker 3: with an ego, for a hard charging professional, you typically
- 13:07Speaker 3: want to see results right away. Well, if you're learning
- 13:10Speaker 3: a foreign language, you're not going to be fluent in
- 13:12Speaker 3: two or three months unless you're just a freak with
- 13:15Speaker 3: the languages. It takes time. It takes time and practice,
- 13:18Speaker 3: and you need to be able to stay the course
- 13:21Speaker 3: and realize that results might not come right away. But
- 13:24Speaker 3: if you stick with it and don't give up on it,
- 13:27Speaker 3: eventually you start to turn the corner. I tell people
- 13:31Speaker 3: sometimes I've been courting clients for three or four years
- 13:33Speaker 3: until they finally gave me a piece of work. You
- 13:36Speaker 3: never know, but you want to be in the right
- 13:37Speaker 3: place at the right time as well. And resilience is
- 13:40Speaker 3: a big one that plays into the whole mindset shift,
- 13:44Speaker 3: and that is, don't take it personally. If you understand
- 13:48Speaker 3: the rules of business development, it's no different than let's
- 13:51Speaker 3: say baseball baseball. If you're a three hundred batting average slugger,
- 13:55Speaker 3: you're an all star slugger, which means you're getting out
- 13:57Speaker 3: seventy percent of the time. And so baseball players understand
- 14:02Speaker 3: those rules, and so they might strike out three times
- 14:04Speaker 3: in a game, but they don't hesitate on that fourth
- 14:07Speaker 3: a back because they might have the game winning hit.
- 14:10Speaker 3: And with business development, what happens to a lot of
- 14:12Speaker 3: professionals if they hit failure or they hit barriers at
- 14:16Speaker 3: the beginning, that it's easy just to give up and
- 14:19Speaker 3: move on to the next prospect. And if you realize, hey,
- 14:23Speaker 3: time is not right, it's okay. I'm not going to
- 14:25Speaker 3: let those negative thoughts get into my mind. Just keep
- 14:28Speaker 3: your course with that particular relationship. Eventually they'll turn the corner.
- 14:33Speaker 3: It's tough, and those mental hurdles of things I address
- 14:37Speaker 3: in my clients all the time. How do you get
- 14:38Speaker 3: over your own individual mental hurdles.
- 14:42Speaker 2: Yeah.
- 14:42Speaker 3: Yeah.
- 14:43Speaker 2: It is a thinking person's game and it demands persistence, resiliency,
- 14:51Speaker 2: and you know, also being empathetic. I think, you know again,
- 14:56Speaker 2: it goes back to this whole empathy thing if you
- 14:58Speaker 2: understand that. Look, they're not in the market right now.
- 15:01Speaker 2: They like you, they like what you offer. It's just
- 15:04Speaker 2: they don't have the budget, they don't have the authority,
- 15:07Speaker 2: whatever the case may be. All right, it's nothing personal.
- 15:10Speaker 2: It is literally just business, okay. And you know, I
- 15:15Speaker 2: always use the analogy we're like lifeguards. Okay, don't try
- 15:18Speaker 2: and run around the beach. They trying to save people
- 15:20Speaker 2: who are having a nice picnic, you know, in the sand.
- 15:23Speaker 2: Keep your eyes out in the water and go after
- 15:26Speaker 2: those people that are in distress. That is our job.
- 15:28Speaker 2: We're going to go out there and provide support to
- 15:31Speaker 2: those people. And I always say, look, we're lifeguards, we're
- 15:34Speaker 2: not the cops. Okay, I can't force you to come
- 15:36Speaker 2: with me, all right, take the buoy or don't take
- 15:39Speaker 2: the buoy. You know, you can come with me. I'll
- 15:41Speaker 2: take you to shore and we'll be safe. It's entirely
- 15:43Speaker 2: up to you, you know, so I really like that
- 15:47Speaker 2: that mindset, and that's of course what you talk about
- 15:49Speaker 2: in your book too, is kind of this mindset shift too.
- 15:52Speaker 2: It's it's not personal. Your job is to give, and
- 15:56Speaker 2: some people are ready to take, and some people may
- 15:59Speaker 2: never be ready to take, and that's okay, okay.
- 16:03Speaker 3: And to remember that if you get ghosted in an email,
- 16:07Speaker 3: or if someone says thanks but no thanks, that typically
- 16:10Speaker 3: does not mean never. It just means not right now,
- 16:14Speaker 3: and so that could change in six months. So don't
- 16:17Speaker 3: give up on those people, because if you're chasing opportunities,
- 16:21Speaker 3: it's one thing. If you're building long term relationships, it's
- 16:23Speaker 3: another thing where if you're building a long term relationship,
- 16:26Speaker 3: you might lose out on an opportunity doesn't mean you
- 16:28Speaker 3: might not get the next one.
- 16:30Speaker 2: Yeah, Yeah, I love that, Doug. You know, don't take
- 16:34Speaker 2: it personally. If they don't reply right back, or if
- 16:37Speaker 2: they don't reply even after the second, they're busy, probably okay,
- 16:42Speaker 2: you've had good conversations with them before, don't take you know,
- 16:44Speaker 2: one tactic I like is I always like to give
- 16:47Speaker 2: them a trigger event. I plant the seed of a
- 16:49Speaker 2: trigger event, and I tell them if you ever get
- 16:52Speaker 2: to this point and you're having this pain point, call me.
- 16:57Speaker 2: I use that in my practice that I had for
- 17:00Speaker 2: about seven years, and I would tell them, look, when
- 17:04Speaker 2: you need help to write a proposal and you don't
- 17:08Speaker 2: have enough people to do it, call me. And that's
- 17:11Speaker 2: exactly when they would call me. They would say, Hey, Tony,
- 17:14Speaker 2: we don't have enough people. We need your help. Now
- 17:17Speaker 2: can you come in? And you know, and it worked
- 17:19Speaker 2: out great. So that's just a good example of what
- 17:23Speaker 2: you're advising people to focus on here that be resilient,
- 17:28Speaker 2: be persistent, and eventually it pays. Okay, let's jump into
- 17:33Speaker 2: the final t key takeaway from the book.
- 17:36Speaker 3: Yeah, it's the tail end of my book, which is
- 17:40Speaker 3: be consistent. So many times people think, Okay, I'm want
- 17:45Speaker 3: to charge out, I got some time this month, I'm
- 17:47Speaker 3: want to do a load up BD and they do
- 17:49Speaker 3: really well for a week or two, and then they
- 17:52Speaker 3: get busy and they push business development to the side,
- 17:55Speaker 3: and then next thing, you know what, the pipeline drives
- 17:57Speaker 3: up and they and when they come back up for
- 18:00Speaker 3: they realize, Okay, now I gotta scramble do business development again.
- 18:04Speaker 3: And my whole philosophy is stay consistent and don't try
- 18:09Speaker 3: to block off big times of BD. Oh, I'll block
- 18:13Speaker 3: off two hours on a Friday or an hour over
- 18:15Speaker 3: the lunch hour, because those always get pushed out due
- 18:18Speaker 3: to client emergencies and everything else. But if you consistently
- 18:22Speaker 3: stay with it where you dedicate maybe five or ten
- 18:25Speaker 3: minutes of your day, ideally every day or even every
- 18:29Speaker 3: other day before you dive into the inbox, because that's
- 18:32Speaker 3: a Pandora's box and next thing you know, it's four
- 18:34Speaker 3: o'clock afternoon and where your day go. Right, But if
- 18:37Speaker 3: you can just carve out five or ten minutes, maybe
- 18:40Speaker 3: fifteen minutes, spend some time on LinkedIn, reach out to
- 18:43Speaker 3: a couple of people, and you do that and you
- 18:45Speaker 3: create that behavioral habit that will compound over time. Classic example,
- 18:50Speaker 3: I had a person I was coaching a few years back,
- 18:53Speaker 3: and he took that to heart and he dedicated ten
- 18:56Speaker 3: or fifteen minutes every morning before his day really got
- 18:58Speaker 3: started to business develo. And he was a litigator for
- 19:03Speaker 3: a mid sized law firm in San Francisco who was
- 19:06Speaker 3: a great lawyer. People loved him, but he couldn't he
- 19:08Speaker 3: couldn't bring any work. When he took that to heart,
- 19:11Speaker 3: over the next three years, he now only became the
- 19:14Speaker 3: top revenue generator of the firm, but became the chairman
- 19:17Speaker 3: of the litigation practice through that one behavioral habit change.
- 19:21Speaker 3: And so that's the thing I tell people all the time.
- 19:24Speaker 3: Don't make a big deal out of this. Just do
- 19:26Speaker 3: little pieces at a time and it'll start paying off
- 19:29Speaker 3: over over the next few years at least.
- 19:31Speaker 2: So, yeah, consistency is the key to success, as they say.
- 19:35Speaker 2: And it's just like working out. Yeah, if you only
- 19:37Speaker 2: work out once a week or once a month, hang
- 19:41Speaker 2: it up. You know, it's not going to pay. You'll
- 19:44Speaker 2: probably just you'll hurt yourself probably, right. And it's the
- 19:48Speaker 2: same thing here in business development, right, I mean, if
- 19:50Speaker 2: you do it once a month or you might you
- 19:53Speaker 2: might hurt your brand, you might hurt your reputation because
- 19:55Speaker 2: you're just out of practice and you're coming across as
- 19:58Speaker 2: a as a buffore, you know. But getting those reps
- 20:03Speaker 2: and sets in dialing it in every day. I like
- 20:06Speaker 2: how you say, you know, make it bite size. It's
- 20:08Speaker 2: only fifteen minutes, particularly for these professionals, the lawyers, the
- 20:12Speaker 2: accountants and whatnot. Look, this isn't your full time job.
- 20:15Speaker 2: So just dialing it in fifteen minutes a day, and
- 20:19Speaker 2: in those fifteen minutes, assuming five days a week, what
- 20:23Speaker 2: would you say if they were going to if they
- 20:25Speaker 2: only had one thing to do during those fifteen minutes
- 20:29Speaker 2: every day, what would be the top priority thing? Because
- 20:31Speaker 2: there's a lot they could do, right you mentioned connecting
- 20:34Speaker 2: with folks on LinkedIn, probably publishing articles or a post,
- 20:38Speaker 2: or you know, reaching out and doing a phone call
- 20:42Speaker 2: or scheduling a lunch. What would be the top thing?
- 20:46Speaker 2: That is the eighty twenty rule. You do this and
- 20:50Speaker 2: it'll generate eighty percent of your results. What would it be, Doug?
- 20:53Speaker 3: It would be a quick outreach to contact and it
- 20:56Speaker 3: doesn't I mentioned that there's two different types of touch points.
- 20:59Speaker 3: There's a touch point saying hey, I'm thinking of you,
- 21:01Speaker 3: congratulations your promotion, congratulations on your move, have a wonderful
- 21:06Speaker 3: breakover the holidays. Look for those organic reasons for those
- 21:10Speaker 3: quick touch points. Think of you staying in the person's radar,
- 21:14Speaker 3: and then you can mix it in with the more
- 21:15Speaker 3: meaningful touch points like hey Tony, it's been six months,
- 21:18Speaker 3: let's catch up over a coffee. So you can blend
- 21:21Speaker 3: those and that's the number one that's the most important
- 21:24Speaker 3: staying visible with your network because I always tell people
- 21:27Speaker 3: it's not always the best lawyer who can are consulting
- 21:30Speaker 3: who gets the work. It's the one who's best at
- 21:32Speaker 3: staying top of mind. And that's that's how it plays out.
- 21:37Speaker 3: And then of course, if you can spend time, you know,
- 21:39Speaker 3: on LinkedIn while on social media updating your I call
- 21:43Speaker 3: it a relationship trackup. By staying organized, making sure that
- 21:46Speaker 3: those important relationships don't slip through the cracks. That's really
- 21:50Speaker 3: the combination you really want to focus on. And it
- 21:52Speaker 3: doesn't need to take a lot of time because I
- 21:53Speaker 3: tell people, how long does it take to reach out
- 21:55Speaker 3: to somebody email? If you don't overthink the email, it
- 21:57Speaker 3: should take only a few minutes.
- 22:00Speaker 2: Yeah, yeah, definitely. I like this. I like the consistency
- 22:05Speaker 2: of the touch points. And that's kind of the Pareto principle.
- 22:09Speaker 2: Do that fifteen minutes a day and that should generate
- 22:13Speaker 2: eighty percent of your results. Yeah, you should do the
- 22:16Speaker 2: other things, but really prioritize those touch points, those valuable
- 22:21Speaker 2: touch points. Based on those top three topics that we
- 22:25Speaker 2: talked about today, right, so the key takeaway Number one
- 22:28Speaker 2: we talked about was having that intellectual curiosity from a
- 22:32Speaker 2: position of empathy. What can we do to provide value
- 22:36Speaker 2: to the relationship, help them succeed in their purpose, in
- 22:38Speaker 2: their business, and help them grow. Maybe it's what you're
- 22:41Speaker 2: working on, maybe it's your specialty, maybe it's not. Maybe
- 22:43Speaker 2: you just give them a referral to somebody who can
- 22:45Speaker 2: help them. But at the end of the day, it's
- 22:47Speaker 2: all from a position and givning. And then the second
- 22:49Speaker 2: key takeaway was persistence pays. Being persistent. Don't take it personally,
- 22:55Speaker 2: having that resilience, just to keep going at it, keep
- 22:58Speaker 2: delivering value, coming from a position of giving, just like
- 23:03Speaker 2: a physician would. Okay, you're just operating from the standpoint
- 23:07Speaker 2: of let's get you healed, let's get you taken care of.
- 23:11Speaker 2: And the final key piece here is that consistency is
- 23:15Speaker 2: the key to success, and it's each day implementing these
- 23:19Speaker 2: top three things right. It's like going to the gym
- 23:22Speaker 2: fifteen minutes a day, asking those questions, engaging on those
- 23:27Speaker 2: touch points, being persistent every few months, every month, a month,
- 23:31Speaker 2: whatever works out best for you so you don't wear
- 23:33Speaker 2: them out. And then you know, just just doing it,
- 23:37Speaker 2: getting those reps and sets in, as they say in
- 23:40Speaker 2: the gym world. Well, Doug, it's been great talking to
- 23:44Speaker 2: you about your book. Again, folks. The name of the
- 23:47Speaker 2: book is The Business Development Shift, How to Win Clients
- 23:52Speaker 2: through Intellectual Curiosity and Consistency by Doug Ott. It's available
- 23:57Speaker 2: on Amazon. Doug. How can folks connect with you and
- 24:01Speaker 2: follow you and engage with your work?
- 24:03Speaker 3: Yeah, I have a website. It's www dot Doug Artconsulting
- 24:08Speaker 3: dot com. I have a link there for the book
- 24:11Speaker 3: that can order it either through that link or through
- 24:13Speaker 3: Amazon dot com. Doug at Doug Dotconsulting dot com is
- 24:17Speaker 3: my email. We'd love to chat with people if they
- 24:19Speaker 3: have any questions, and I encourage people to get the book.
- 24:22Speaker 3: It's it's it's an easy read. It's full of rich
- 24:26Speaker 3: content and wonderful stories of my adventures in my career
- 24:31Speaker 3: and lessons learned. So yeah, it's been fun to get
- 24:36Speaker 3: that book out there, and I really appreciate you having
- 24:38Speaker 3: me on Tony.
- 24:38Speaker 2: Yeah. Well, Doug, it's been fun talking to you about
- 24:41Speaker 2: your great book, and thank you for everything that you
- 24:44Speaker 2: do for promoting the art, science and ethics of business development.
- 24:48Speaker 2: Thank you for joining us on the show today.
- 24:50Speaker 3: Excellent, my pleasure.
- 24:54Speaker 1: Thank you for listening to the Business Development Podcast. Join
- 24:59Speaker 1: our freak community of corporate partners and business development professionals
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- 25:08Speaker 1: profession at Gbdassociation dot org.