Latest / Networking Unleashed: Building Profitable Connections / Networking Unleashed: An Interview with Malcolm Reid, Sr and Michael A Forman, Professional Speaker
Transcript
- 0:15Welcome to Networking Unleashed, Building Profitable
- 0:18Connections, the show where relationships, not
- 0:21noise, create real business growth. I'm your
- 0:24host, Michael Foreman, and today we're going
- 0:27to shake up a few assumptions. Small business
- 0:30owners are overwhelmed with advice. Post more,
- 0:34brand harder, be everywhere, build an audience
- 0:37first, and hope business follows. Yet many people
- 0:41doing all of that still aren't getting the opportunities
- 0:44they expected. My guest today has taken a very
- 0:48different path. He's built a seven -figure business
- 0:51without depending on constant social media posting.
- 0:55He believes much of what entrepreneurs taught
- 0:58about branding misses the mark, and he's speaking
- 1:01directly to why so many business owners are frustrated
- 1:04with the gurus. Today, we're talking about trust.
- 1:08real relationships, and why networking done correctly
- 1:12can outperform attention -seeking marketing.
- 1:16If you want clients instead of just clicks and
- 1:20conversations that actually lead somewhere, you're
- 1:23in the right place. So let's get into it. I'd
- 1:26like to welcome to the podcast today, Malcolm
- 1:29Reed, Malcolm Reed Sr. And I would just like
- 1:32for you to give us a little taste of how you
- 1:35got where you are today. First of all, Michael,
- 1:37thank you so much for having me. I'm really looking
- 1:39forward to our conversation today. And that's
- 1:42a great question. If I could sum it up, lots
- 1:45and lots of failure. And when I say that, failure
- 1:48doesn't mean that you actually failed. It means
- 1:50you took some actions, the things you didn't
- 1:53necessarily work out, and there were lessons
- 1:55that were learned from that. And just by constantly
- 1:58getting up, trying the next thing until we figured
- 2:00out exactly what worked. Absolutely. I profess
- 2:04that I went to the school of hard knocks. I learned
- 2:09how to do everything wrong before I got it correct.
- 2:13And I got all the bumps and bruises by falling
- 2:16down, but I got up one more time than when I
- 2:19fell down. Yeah. So that told me everything.
- 2:22Yeah, same here. And the thing is, with my background
- 2:24growing up in the slums and streets of Baltimore,
- 2:27being a successful business owner wasn't one
- 2:29of the things on my radar. I was just... To make
- 2:32it to 16 years old, that was a feat in and of
- 2:35itself. And unfortunately, Michael, I do believe
- 2:38people are products of their environment. You
- 2:40can't control where you're born. You can't control,
- 2:42though, what you do once you get to an age of
- 2:44understanding. And so I was just like all the
- 2:47people around me. I sold drugs. I went to prison.
- 2:50I dropped out of high school. And then I realized
- 2:52afterward that, you know what? I'm not a victim.
- 2:56I still have choices to make. And so when I decided
- 3:00to do something different, only then could I
- 3:03realize that, you know what? You can make a big
- 3:06impact in this world. You can share the challenges
- 3:09from your story with people. Although it's my
- 3:11story, it's right. It's about me, but it's not
- 3:13for me. There's other people who don't believe
- 3:15that they're valuable or they're good enough.
- 3:18And I'm here to prove that again, where you came
- 3:20from doesn't matter. It's what you choose to
- 3:22do when you. finally understand right from wrong
- 3:27and what you make of it. And so really that was
- 3:29a big part of my story because I'm pretty relentless.
- 3:33Absolutely. And that's great. It sounds like
- 3:35it was a great story. And I'm sure if we had
- 3:37the time, I want to hear all about it. Okay.
- 3:40Because listen, that's very interesting. I too
- 3:43came from a very poor environment in Rockland
- 3:47County in New York. I could say I didn't go to
- 3:50prison and I didn't sell drugs. But just about
- 3:53everything else was me. And I made the different
- 3:56decisions. I decided to go into the military.
- 3:58And when I came out, I was a changed person.
- 4:02But anyway, okay. So you talk about business
- 4:06owners being exhausted by fake gurus. From a
- 4:10networking perspective, how can professionals
- 4:13quickly tell who's credible and who's just performing?
- 4:18One thing we all have is a sixth sense. Michael,
- 4:21how you get around somebody and after a few seconds,
- 4:24something just feels off. Listen to yourself.
- 4:28We have that for a reason. A lot of times because
- 4:32we may want something or we have a certain ideology,
- 4:35we lead with that versus what our good common
- 4:38sense tells us. If your common sense says run.
- 4:42Right. And it's typically just because something.
- 4:46looks good. It looks shiny and it sounds good.
- 4:50Doesn't mean it always is good. And so the best
- 4:52advice I would give is trust yourself, trust
- 4:55your gut and your instinct is there for a reason.
- 4:58Yeah. I, I have learned to trust myself and I
- 5:02gave myself what's called a 24 hour rule. I don't
- 5:06make any decisions right then and there. I wait
- 5:0824 hours. I think about it. I look at it from
- 5:11all points of view. I make the decision. That's
- 5:14where I've grown to, and that's not where I started.
- 5:18Because I started with, oh, that's great. Okay,
- 5:20I'll do it. And that was it. What behaviors in
- 5:24networking conversations quietly signal expertise
- 5:28versus self -promotion? People who are experts,
- 5:33number one, they don't do a lot of talking. They
- 5:36do a lot of listening. And the other thing I
- 5:39noticed as well, too, Michael, is... People that
- 5:42are experts, they give. They're not there to
- 5:45take. You meet those people that they have these
- 5:47slick little lines that talk about who they are,
- 5:50but then they're asking for something. I found
- 5:53that people are successful. It allows you to
- 5:55be more of who you already are. And most successful
- 5:58people are givers. Listen, what you just said
- 6:02speaks volumes. It really does. Because from
- 6:05a networking point of view, and listen, I'm a
- 6:07networking strategist. I always do everything
- 6:10by networking. And if you go to a networking
- 6:13event, you always look to give and not receive.
- 6:17It's called having a servant's heart. Absolutely.
- 6:20And it takes all the pressure off your shoulders.
- 6:22Don't worry, I don't have to sell. All I have
- 6:24to do is I want to connect two people together.
- 6:27Oh, that's great. And it's such a difference.
- 6:30And it makes you the expert instead of a follower.
- 6:35Exactly. I agree with that wholeheartedly. And
- 6:37again, you can tell immediately. Again, when
- 6:40people talk too much, first of all, we tune out.
- 6:46But a giver. has a listening ear and you're looking
- 6:51for an opportunity to support that person. And
- 6:53I'm the same way, Michael, like when you have
- 6:56people that have morals, values, they're ethical,
- 6:58they're authentic. You just can't teach that,
- 7:01but you can feel it when you're around it. And
- 7:03so that kind of what stands out in networking
- 7:06situations for me. It does. And what you also
- 7:09said was right on point. It's the listening.
- 7:13You have to be a good listener. You don't talk.
- 7:16And that's one of the mistakes I made years ago.
- 7:20And one thing I teach now or what I coach people
- 7:23for is when you walk up to a table or a situation,
- 7:27you don't say a word. You listen. You listen.
- 7:31You pause after you listen. There's a whole thing
- 7:34to it, but that's what you have to do. So again,
- 7:37you hit the nail right on the head. You've grown
- 7:40a seven -figure business without relying on social
- 7:43media posting. What replaced it and how did relationships
- 7:48play a role? I believe everything starts with
- 7:53relationships. You cannot be successful by yourself.
- 7:57You need to have other people around you that,
- 8:01because we're not all experts at everything.
- 8:03And I just believe networking, building true,
- 8:06meaningful relationships. That's the first thing.
- 8:10How we did it is, and of course we made lots
- 8:12of mistakes, Michael. What we see around us is
- 8:15we hear branding. You got to get the right logo,
- 8:18the right colors and all these things. And then
- 8:20you have to be everywhere. See, that's applicable
- 8:23for the large businesses. People, companies like
- 8:27Geico and some of these other large companies,
- 8:29they have. billion dollar marketing budgets.
- 8:31And so what the small business owner is doing,
- 8:34they're making the mistake of emulating the tactics
- 8:37that the big boys are doing and they don't have
- 8:40the budgets to compete. So when it comes to a
- 8:43small business owner, listen, we can't force
- 8:46our solution down the throat of the marketplace.
- 8:48All we can do is harness what the marketplace
- 8:50already wants. And so there's a formula that
- 8:53I use. It's called the conversion formula. And
- 8:55it's simple. It's four steps and it works like
- 8:57this. See, a person already has a problem and
- 9:01they don't want the problem. So that's the first
- 9:03step is I must be able to identify their problem
- 9:07and speak it in a way that they emotionally attach
- 9:10to it. Step two, there's a solution, Michael,
- 9:12that they're looking for and they can't find
- 9:14it. And so I have to be able to articulate that
- 9:17solution, again, in a way that's meaningful for
- 9:20them. Then I have to educate them that our service
- 9:23is far superior to the competition in every way.
- 9:26And then make them an offer that's so irresistible
- 9:28they can't say no because it solves their problem.
- 9:31The offer, though, doesn't have to be monetary.
- 9:34It could be something that they can do right
- 9:36now to get a victory. And so I truly believe,
- 9:40Michael, that if you cannot identify your target
- 9:42market and identify a clear solution to their
- 9:45challenge, there's no way you should be online.
- 9:48There's more noise. There's more people. So you
- 9:51have to do that offline first. And once you are
- 9:54very good at not only identifying it, but fulfilling
- 9:57on what you promise, when you do that, people
- 10:00can't. be quiet about what you do. They tell
- 10:03everyone about how well you solve their problem.
- 10:07And then that cycle builds momentum that you
- 10:09just can't stop. And that's how we did it. Absolutely.
- 10:13And that sounds great. It sounds great. And it's
- 10:16a good thing that this is a recording. Otherwise,
- 10:18I'd be writing down everything by notes. Okay.
- 10:22Okay. Why do many entrepreneurs confuse visibility
- 10:26with trust? And how does that affect the way
- 10:30that they network? I believe that's intentionally
- 10:33done by the large social media networks. The
- 10:36art of connecting with human beings, like really,
- 10:39like I know growing up in our time, we went outside.
- 10:42We had real meaningful connections with other
- 10:45people. And so now what they've done is they've
- 10:48made people have this false sense of belief that
- 10:51the more likes, the more followers, the more
- 10:55relevant I am. And the herd mentality that we
- 10:59are. We follow and we believe that our relevance
- 11:02comes from that. And it doesn't. It's artificial.
- 11:06And so that has now people's focus has shifted
- 11:10to let me take 67 selfies until I get the perfect
- 11:14angle. And then let me clean it up with a filter
- 11:16so I look perfect. And let me craft the perfect
- 11:19life for people. It's a facade. And so. To me,
- 11:24that blocks authentic connection. It blocks people
- 11:28being vulnerable and showing up for who they
- 11:31really are. So I believe the power of networking
- 11:33is like we're doing now. Two human beings that
- 11:36are flawed, yet having an open, vulnerable conversation
- 11:39that others can benefit from. That's irreplaceable.
- 11:44Absolutely. And the one -to -one, the person
- 11:47-to -person, AI is the term that's being thrown
- 11:50around. That's a tool. Listen, it's a good tool,
- 11:53but it's a tool. It can't replace you. And even
- 11:57though we're doing this through Zoom, there's
- 12:00a person behind the camera. And you have to remember,
- 12:03you have to make a connection with that person.
- 12:07And listen, if you're in person, then you can
- 12:10pick up the vibe of the person, the vibe of the
- 12:13room. You know what I'm talking about. You can't
- 12:16necessarily do that through Zoom. But look, we're
- 12:20talking right now. And I know immediately, Malcolm,
- 12:23you're my type of person. I can hang with you
- 12:26anytime. Feel the same way. And I could just
- 12:29do that, okay? There are some people that, like,
- 12:33remember the Jetsons? She had a little thing
- 12:35in front of her face. Oh, yes. And that's what
- 12:37they do. That's what they do. And there's really,
- 12:40there's no place where we're coming back to a
- 12:43time when we have to go face -to -face with people.
- 12:47Yeah. And it feels very important. And honestly,
- 12:50that's why I'm in business. I go across the country
- 12:53talking about this and teaching people how to
- 12:56properly network. That means face -to -face.
- 13:00I love it. Okay. If branding isn't what people
- 13:05think it is, what actually makes someone memorable
- 13:08when they meet you in person? I truly believe
- 13:13how you make a person feel. They're not going
- 13:16to remember the conversation, but there's certain...
- 13:19Like I said, there was this thing that someone
- 13:23told me that said, everyone brings sunshine when
- 13:26they enter a room. Some because they left and
- 13:30others because they showed up. And Michael, when
- 13:33you meet a person, it only takes a few seconds
- 13:36before something feels off or you're pulled in.
- 13:40You know what? I would love to get to know that
- 13:43person. And it comes just down to being authentically
- 13:46you. However quirky I am and my little things
- 13:50that I have about me makes me authentically Malcolm.
- 13:53And the same with you. And I believe that's the
- 13:55part that so many people are trying to be someone
- 13:58they're not. And then there's something that's
- 14:00off and it's not congruent with who you are.
- 14:03So that's what I believe. When you just show
- 14:05up, here I am, flawed and all, people can relate
- 14:09to that because we're all flawed, right? Absolutely.
- 14:13Absolutely. I think that's the key. I always
- 14:16tell everybody when they walk into a networking
- 14:20event or they're meeting somebody one -on -one,
- 14:22what's the last thing that you want to talk about?
- 14:26Business. No. You just take business, throw it
- 14:29right out the window. Talk about anything else.
- 14:31I use a formula that I came up with. Form. F
- 14:35-O -R -M. Family. Occupation. recreation, and
- 14:40a certain message, right? Talk to them about
- 14:42their husband, wife, sister, brother, son, daughter,
- 14:45whatever. Talk about youth sports. Talk about
- 14:48something, anything, and that will get them.
- 14:52Remember, there's an old saying, know you like
- 14:54you, trust you. This is with you. You're getting
- 14:58to that trust factor, and that trust factor is
- 15:01going up, and that wall between the two of you
- 15:03is coming down. And people become more free and
- 15:07more authentic. And you'll get to really see
- 15:10what they're about. So true. And I have an actual
- 15:14formula that I use. It's interesting. It's called
- 15:16love. I love to love on people. And L is listen.
- 15:21So a step is when I listen. Then I can go to
- 15:24O, which is open dialogue. How do I open dialogue?
- 15:27It's by asking questions. But the questions I'm
- 15:30asking, Michael, are to V, verify that what they
- 15:34said, I understood it, not what went through
- 15:37my filter and changed before I E, engage with
- 15:40them. And so that allows us to not have anything
- 15:44that's misinterpreted because you could say something
- 15:47and I heard it completely different, but I want
- 15:49to make sure that what you said, I understood
- 15:51it the way you meant it. before I can then engage
- 15:54in a deeper, meaningful conversation. So I love
- 15:57to just show love and love on people. And it
- 16:00accomplishes something very similar to form.
- 16:02I love form. Very similar, very similar. But
- 16:05what's the key thing you just said is that you
- 16:09have to listen. You listen to them. And here's
- 16:12the important part. After you finish listening,
- 16:14you pause. Just for that half a second. Because
- 16:17that tells the other person that you've listened
- 16:21to them. And you repeat back some of what they
- 16:23said. And you say, all right, if I get this right,
- 16:26if I understand this correctly, X, Y, Z. Yes.
- 16:29Oh, yeah, sure. And also, make sure that they
- 16:34are the only person in the room. There can be
- 16:3650 people standing behind them. Have your eyes
- 16:40wander. Look them in the eye. Square. Talk to
- 16:44them. Even if the person is walking behind them
- 16:48that you really want to talk to and you've been
- 16:50trying to corner for years. You better not peek,
- 16:54right? Better not. Better not. Okay. What mistakes
- 17:00do professionals make when they treat networking
- 17:03like an audience instead of a relationship? The
- 17:08biggest mistake is they're trying to take. They
- 17:11go in with a motive. Here's their plan before
- 17:14they left home. I want to see how many people
- 17:16I can sell to or how many people are my customer.
- 17:21So they load up with these business cards and
- 17:23they say, yeah, call me. Let's get together.
- 17:26And they're taking. That's a big mistake. Or
- 17:29they believe that taking the time to go meet
- 17:33people in person is a waste of time. And so they
- 17:37either won't do it or they're not doing it properly.
- 17:40And it's a huge mistake. I believe your value
- 17:43is in your network. And a lot of times it's not
- 17:46that connection you made. It's who they know
- 17:49and who they know. And nothing beats a personal,
- 17:53favorable introduction. Hey, you know what? I
- 17:57know you need a network. I know Michael Foreman.
- 18:01Let me introduce you to him. Nothing beats that.
- 18:03But if you're all about yourself, as we talked
- 18:06about before, and you're just trying to figure
- 18:08out what you can take from the room or take from
- 18:10that person, you don't have a network. You have
- 18:13nothing. You remember when I said that I went
- 18:17to the school of hard knocks, right? I was in
- 18:20the mortgage industry. I walked into a room,
- 18:22networking event, and I came home with 200. business
- 18:28cards. And I said, look how good I did. And I
- 18:33did horrible. Now the fact of the matter is if
- 18:37I go to a networking event, I come back with
- 18:40maybe 15 business cards because I know that I
- 18:44spoke with that person. I had some sort of relationship
- 18:48with that person. I'm going to follow up with
- 18:50what we were talking about the way that I hear
- 18:53a way that I can remember that I take their business
- 18:56card. I turn it over. I write down the date,
- 19:00the name of the function, and something we spoke
- 19:03about. When I follow up, there's a whole secret
- 19:05sauce for following up, of course. But when I
- 19:08follow up, I turn that over and say, oh, that's
- 19:10right. That's what we talked about. I put that
- 19:12in the correspondence. Little tricks of the trade,
- 19:15but it gets you where you want to go. Yeah. I
- 19:18have a little process that I use, and it's called
- 19:21the three H's. I start off with a handshake.
- 19:23Now that we've touched, we've established a physical
- 19:26connection. That's a handshake we introduce.
- 19:29And I do a high five really quick. Now, no one,
- 19:33Michael, can resist a high five. It's positive.
- 19:36And so the next thing, they high five. And as
- 19:38soon as the high five is done, the third H, I
- 19:41give them a hug. And now that we've embraced
- 19:45beyond just the distant, how are you? What do
- 19:48you do? I only. connect with people I plan to
- 19:52talk to. So I tell them, smile. I take their
- 19:55photo. I put their information in my phone. And
- 19:59to your point, instead of on the back of the
- 20:01business card, I write a couple of notes in my
- 20:03phone that reminds me of key information about
- 20:07them. And I book an appointment on the spot,
- 20:09Michael. For 15 minutes, I want to talk to them
- 20:12to find out what I can do to provide value for
- 20:16them. And so that way I'm not chasing people.
- 20:19Like I said, we just shook, we embraced. I have
- 20:21their number. We book a call on the spot. And
- 20:23I found that when I do that, and again, my motive
- 20:26when I get on that call is to see what can I
- 20:28do to help support this person and further what
- 20:31they're doing and help them out. It's helped
- 20:33me meet so many wonderful people. Hopefully that's
- 20:37helpful for someone out in the audience today.
- 20:40Absolutely, because I do it in a similar way,
- 20:45except what I say to them is, how can I make
- 20:50you more successful? How can I be a good referral
- 20:54source for you? And if I did my job correctly,
- 20:58Mike, I don't know what the hell you do yet,
- 21:00and you're already trying to make me more successful.
- 21:03Yes. Yeah, that's it. That's the art of giving.
- 21:07I'm telling you, the two of us, we should go
- 21:09together and write a book. I'm going to tell
- 21:11you, you're my brother from another mother, because
- 21:13this is too synergistic. You've got to be. You've
- 21:17got to be. I'm telling you. This is great. This
- 21:20is great. How can small business owners build
- 21:24a strong referral network without constantly
- 21:28creating online content? Yeah. The thing is,
- 21:32have you ever eaten at a really good restaurant?
- 21:36Once or twice? Yeah, once or twice. You'll tell
- 21:39everybody. You'll tell your friends, hey, you
- 21:41need to go check out ABC Restaurant. It's amazing.
- 21:44I believe that if you aren't excellent at delivering
- 21:48what you say that you're going to do, you shouldn't
- 21:51do it. But when you know for certain that a person
- 21:54is going to be better off than they met you when
- 21:56they get your product or service, at that point
- 22:00of sale, Find out from them who do you know that
- 22:04can benefit just as much as you have from us
- 22:08being connected. And I always promise there's
- 22:10no hard sale. I hate the salesy sleazy type of
- 22:13thing. It's like we're going to treat them just
- 22:15like they're a part of the family because it's
- 22:17all about how can we help support them. So having
- 22:20a built in referral process allows you to be
- 22:25able to expand your network. just from pleasing
- 22:28the people that are already doing business with
- 22:30you. I don't believe that referrals is something
- 22:32haphazard. I believe that it's a systemized way
- 22:35that you track and measure because when you do
- 22:38well and you do good by others, they'll gladly
- 22:41let people that they care about know about you.
- 22:43It's the reluctance to tell others when your
- 22:46product or service is mediocre. So again, when
- 22:49you know what you're doing is going to benefit
- 22:51that person in a better way than before they
- 22:53met you. I believe becomes your obligation to
- 22:56help as many people as you possibly can and nothing
- 22:59better than a great word of mouth. Absolutely.
- 23:02My mentor was also doubles of my business coach.
- 23:07The one thing that I was lacking when I first
- 23:10started was the process. I didn't have the process.
- 23:13I was trying to get referrals and all the, there
- 23:16was no set process. And he said, look, you'll
- 23:20never know unless you ask. All they can do is
- 23:23say, I'll find out, or I don't know, or something
- 23:26like that. Or, oh, I do have somebody. But if
- 23:29you don't ask, then you'll never find out. Exactly.
- 23:33Right. What does authentic authority look like
- 23:37in a real -world conversation, not curated online?
- 23:44It's happening literally right in front of our
- 23:46eyes, between you and I. We're having a conversation.
- 23:50There are no scripts. It's open and vulnerable.
- 23:53That's what it looks like. It looks like whoever
- 23:56you are, be somebody important, be yourself.
- 24:00It's okay. And again, Michael, you can't teach
- 24:04it, right? You don't have to be what social media
- 24:08or society says you should be. And you can feel
- 24:12it. You just can feel it. It oozes from a person
- 24:15when you talk to them and they're just being
- 24:18authentically themselves. You also can tell when
- 24:21someone's trying too hard, too. Can't you? Oh,
- 24:24yeah. It takes no work to be you. And the world
- 24:31truly values when someone is just who they are.
- 24:36Like I said, I go all over and I speak about
- 24:38networking and how to do it and everything. I
- 24:41always try to put humor into what I'm talking
- 24:44about because they will remember the humorous
- 24:48parts and they'll forget everything else that
- 24:50I'm teaching them. But my humor is generally
- 24:53self -deprecating. So I'm not going to upset
- 24:57anybody else. but me. And everybody has a good
- 25:00laugh and it's all right. It's all on me. I make
- 25:03several faces and it's all, but they tend to
- 25:06remember that because it's a different part of
- 25:08their brain. Yes. And if I'm doing a workshop,
- 25:12then I throw it in there three or four times.
- 25:14So it helps them understand and they can be more
- 25:18themselves. And that's the key to everything.
- 25:20I love that. Okay. For someone overwhelmed by
- 25:25marketing advice. What simple networking habit
- 25:28consistently produces real business opportunities?
- 25:35I believe that, first of all, because there's
- 25:38so much noise, people don't know where to start,
- 25:41what's going to be effective, none of that. But
- 25:44remember earlier, we were talking about understanding
- 25:46who your client is and the number one problem
- 25:49that you solve for them. Part of that becomes
- 25:52the psychographics of understanding where do
- 25:55they go for advice? What are the books that they're
- 25:57reading? Who do they look up to as influencers?
- 26:01And so when you start finding out all these things
- 26:03about the person, not just the demographic, but
- 26:05the psychographics, what's keeping them up at
- 26:07night? What do they fear most? Then you show
- 26:10up where they are. If you're going to where they're
- 26:13looking for support and you can articulate in
- 26:17a authentic way how you can be of success. You
- 26:21only need that one channel. You don't have to
- 26:23be everywhere. You just have to be in the right
- 26:26place where people are already seeking. Remember,
- 26:29they're looking for a solution. They can't find
- 26:31it. Show up as the solution. Give. Remember,
- 26:35an offer so compelling, they can't say no. Give
- 26:38to them. Give them things that they can do that's
- 26:40practical, that gets them closer to solving that
- 26:43challenge. You will have more clients than what
- 26:46you could ever imagine if you just take the time
- 26:48and do that type of research. I just want to
- 26:52add just one little bit to what you said, because
- 26:55what you said is perfect. It's exactly what should
- 26:57be done. You are a problem solver. They have
- 27:01a problem. You want to solve that problem, but
- 27:05it doesn't end there. What I try to teach is
- 27:09that there's a problem and you solve it, but
- 27:13you don't want to meet them here. You want to
- 27:15meet them here, somewhere else. You want to meet
- 27:18where they're going. Yes. And not just solve
- 27:21their problem, but because if you meet where
- 27:23they're going, then you're the solution and you're
- 27:26the help along the way. Yes. Great point. And
- 27:30the other thing to that, Michael, is what I've
- 27:31found is that only one to three percent of the
- 27:35marketplace at any given time is ready to buy.
- 27:39The other 97 % to 99%, they're on the buyer's
- 27:42journey. They're gathering research. They're
- 27:43looking for information. If you can enter the
- 27:47conversation while they're on the buyer's journey,
- 27:50when they get to the point of choosing who they're
- 27:53going to do business with, if you're the person
- 27:55feeding them all the information along the way,
- 27:58More than likely, it's always going to be you.
- 28:01Most small business owners treat 100 % of the
- 28:03market like they're ready to buy today. And that
- 28:06creates friction. It's why people hate talking
- 28:09to salespeople because they treat them all like
- 28:11they're ready right now. And most people aren't.
- 28:13I have, there's a saying that I do in all my
- 28:16presentations. And I usually wind up with this
- 28:19saying. People love to buy, but they hate to
- 28:24be sold to. They hate it. And I bring up a car
- 28:28dealership. And do you want to have that salesperson?
- 28:33Hey, this is a Mustang. This is a 2026 Mustang.
- 28:36It has this, comes in various colors. You can
- 28:38see it even does your lunch. It's incredible.
- 28:41Or do you want the guy to walk up to you and
- 28:43say, hey, my name is Michael. If you have any
- 28:45questions, I'm right over there. It's a different
- 28:48mindset. But that one line, I have it in every
- 28:52one of my presentations. People love to buy.
- 28:57Yes. Need to be sold to. So true. So let's bring
- 29:01this podcast full circle. If you could give one
- 29:05networking rule that outperforms branding tactics,
- 29:09posting schedules and growth hacks, what would
- 29:13it be? I would say, first of all, show up. Show
- 29:20up as and then when you get there, show up as
- 29:23the authentic version of you. That's the second
- 29:26thing. The third thing, be prepared to give.
- 29:29And the fourth thing, follow up. People are busy.
- 29:32All of us have things happen in our lives. Follow
- 29:35up with that person and let them see that you
- 29:37truly are authentic about helping them. And by
- 29:40being persistent like that, again, because you're
- 29:42not taking, you can build more meaningful relationships.
- 29:46Absolutely. I couldn't have said it better. What
- 29:48you just said is in my presentation, right? Everything
- 29:52you've said is in my presentation. It's great.
- 29:55I love to hear all of this. Malcolm, this was
- 29:58absolutely great. If somebody wanted to get a
- 30:01hold of you, if somebody wants you to coach them,
- 30:04teach them, or tell them what to do, what's the
- 30:07best way to get a hold of you? Yeah. The thing
- 30:09is, Michael, you know how we're talking about
- 30:11how we show up authentic. We're very particular
- 30:13about who we engage with. They have to be people
- 30:16who have morals, values, ethics. They're authentic.
- 30:19Those are the people that I want to connect with.
- 30:21And what I want to do is in my book, it's called
- 30:24Massive Action. It talks about how a small business
- 30:27owner can find six figures of hidden revenue
- 30:30in their business without marketing or ads. And
- 30:33so because of your podcast and you having me
- 30:35as a guest. for any of your guests that want
- 30:38to get a copy of it, just go to 100K, so 100K,
- 30:43leak, L -E -A -K .com. And you'll get a copy
- 30:47of my book and it'll show you that extra 100
- 30:49grand that's hiding in your business that doesn't
- 30:51require increasing marketing spend. Great. Malcolm,
- 30:55this was just great. This episode is a great
- 30:59reminder that business still runs on trust, clarity,
- 31:03and real relationships. Attention fades quickly,
- 31:07but meaningful conversations and strong connections
- 31:10keep working long after the meeting ends. If
- 31:14today's conversation made you rethink how you
- 31:17show up, who you listen to, or who you build
- 31:20credibility with, take one action this week.
- 31:24Reach out to somebody. Start a real conversation
- 31:27and focus on the relationship instead of the
- 31:31impression. And if you got value from this episode,
- 31:34make sure you follow and subscribe to Networking
- 31:37Unleashed, building profitable connections so
- 31:40you can keep getting practical insights on networking
- 31:43and communication. Also, share with a business
- 31:46owner who's tired of chasing trends and ready
- 31:49to build something real. If you want help strengthening
- 31:53your communication, your relationships, or the
- 31:56way you position yourself in conversations, Visit
- 31:59foreman .com to learn how I work with professionals,
- 32:02teams, and organizations. Until next time, be
- 32:06genuine, be clear, and build connections that
- 32:09actually turn into opportunity. Malcolm, thank
- 32:12you again for coming on the podcast. You were
- 32:15sensational. Thanks for having me, my friend.
- 32:18This was a lot of fun. Absolutely. Well. Hold
- 32:26on, folks. Don't go anywhere. Let's hear from
- 32:29our sponsors. David Neal, co -founder Revved
- 32:33Up Kids. Revved Up Kids is on a mission to protect
- 32:36children and teens from sexual abuse, exploitation,
- 32:40and trafficking. They provide prevention training
- 32:43programs for children, teens, and adults. To
- 32:47learn more, go to revvedupkids .org. Henry Kaplan,
- 32:52Century 21. When it comes to making the biggest
- 32:55financial decision of your life, leave it in
- 32:58the hands of a proven professional, Henry Kaplan.
- 33:01Henry is a global real estate agent with Century
- 33:0421, celebrating his 41st year in business. No
- 33:09matter where you're moving, Henry has the right
- 33:11connections for you. You can contact Henry at
- 33:15561 -427 -4888. A huge thank you to our guests
- 33:21for sharing such insights today. And of course,
- 33:25a big shout out to you, our amazing listeners,
- 33:28for tuning in and spending your time with us.
- 33:31If you're interested in my digital courses, being
- 33:35coached or having me come and talk to your company,
- 33:38just go to Michael and fill out the request form.
- 33:41Remember, networking isn't about being perfect.
- 33:45It's about being present. So take what you've
- 33:48learned today, get out there and make some meaningful
- 33:51connections. If you've enjoyed this episode,
- 33:54please don't forget to subscribe. Leave us a
- 33:57review and share it with someone who could use
- 34:00a little networking inspiration. Let's keep the
- 34:03conversation going. You can find me on Apple,
- 34:06Spotify, Pandora, YouTube, or my website, foreman
- 34:11.com slash podcasts.