Latest / Inside Strategic Relations / Leverage meetings to create influence
Transcript
- 0:00Let's look at a practical example on how to use political action, committee events,
- 0:04fundraising, and other activities where you basically pay to play but you get
- 0:08to meet key decision makers. We're going to talk about the benefits of these
- 0:13types of programs, we're going to talk about how to actually leverage them,
- 0:17and we're going to use a pretty interesting example. Of course, what I'm
- 0:21sharing with you here today you're likely not to hear any other places because it's
- 0:25part of the business development and risk management services that I provide as a consultant.
- 0:31Please understand, what I'm sharing here today can be construed as being manipulative
- 0:37or being unfair as far as competitive advantage, but it's fact of life.
- 0:42It's how this stuff works. If you're unhappy with that, then don't subscribe.
- 0:47Go someplace else. I don't really care. But I'm justin hit with
- 0:50inside strategic relations where we help you transform business relationships into profits. And the
- 0:55example that we're using here today is a Shishing Ping, who's the president of
- 1:00China the Communist Party in China, is coming to visit Joe Biden, who's
- 1:06the President of the United States. In the United States in San Francisco,
- 1:11so a lot of things have been done to prepare that meeting. The area
- 1:15has been cleaned up. There's different conferences and events. And if you needed
- 1:19to meet Joe Biden, or you needed to meet Changing Ping in order to
- 1:25gain influence or to position yourself as a certain type of expert, or to
- 1:29be seen in an environment, and we'll talk about the benefits of those things.
- 1:34You can do so by paying one thousand dollars to attend a dinner with
- 1:38Changing Ping or forty thousand dollars to meet with Changing Ping directly. Now,
- 1:44yes, this is how political fundraising works. You can pay money to meet
- 1:46Donald Trump. I paid money to meet Tony Robbins, Donald Trump, Dan
- 1:51Kennedy, all kinds of people that I respect in the marketplace. But I've
- 1:53also paid money to be at the Officers Club when the Admiral's there. I've
- 1:57also paid money to be at different events where I'm going to meet decision makers
- 2:02of organizations. I've paid money to be member of a club or part of
- 2:07a political action committee or part of an event to get private access to individuals.
- 2:12I've also helped my clients do the same, and it's often money well
- 2:15spent spent. If you prepare like what we're going to talk about today.
- 2:20It does sound to the typical person that this is pay per play and that
- 2:24this is something that's you know, looked down upon, but it's how government
- 2:30functions and it's how a lot of high end business development is done. If
- 2:35you were going to import something into China, so you're exporting for the United
- 2:38States and you're going to import into China, you'd want to be at a
- 2:42meeting where you could talk to individuals that might import, might impact import expert
- 2:46laws. You might want to talk with the staff of Changing Ping in order
- 2:52to offer information about what you want to import to China and what would be
- 2:55beneficial to China. And then there's a little bit ex things that we're going
- 3:00to talk about. But the benefit is you're skipping the gatekeeper, you're skipping
- 3:05all of the filters, and you're going directly to the source who can make
- 3:08it amediate decision on what it is that you want to offer, and you're
- 3:14saving quite a bit of time. How much money would it cost, even
- 3:19in plane fair for you to go have dinner with Shinching Ping. First off,
- 3:23they're going to do background checks and clearances, and you'd have to fly
- 3:27to China, and then if you're an executive, you have the risk of
- 3:30getting having issues with that. You'd have to get on their calendar to get
- 3:34time. This event in San Francisco is already on someone's calendar. Again,
- 3:39this is the same thing if you wanted to meet with President Biden, President
- 3:44Obama, President Trump, President Bush, President Carter. And it can be
- 3:50done through a nonprofit organization. It could be done through a fundraising dinner.
- 3:53It can be done through a variety of means, and it's completely legal.
- 3:58Now. Of course, you can just write a check to a politician and
- 4:00get an audience with them through a political contribution or donation, and there are
- 4:05other means that are less than suitable that are not legal. I'm only talking
- 4:11about the legal means of influence to basically get on the radar or on the
- 4:15short list with a decision maker. And like I've said, I've helped my
- 4:19client. I had a client, for example, and I arranged for them
- 4:24to meet more than six hundred key decision makers in the course of a year,
- 4:31including political decision makers, business and industry decision makers, individuals who are
- 4:39in the media. And basically it wasn't that difficult. Now, again,
- 4:44if you're going to meet six hundred different people, and we'll talk about that
- 4:46right now, when you show up to an event, you need to have
- 4:49a list of everybody of importance who's going to be at that list. See,
- 4:53this is beyond business networking, and this is beyond the being in introduced,
- 5:00because you can essentially introduce yourself. And this is not something you have
- 5:04to have a lot of money to do, because this is at all price
- 5:06points. I recently was at a dinner that was I think it was seventy
- 5:11five dollars a ticket, three hundred and forty dollars a table, and I
- 5:15got to meet in my region the decision makers, the movers and the shakers,
- 5:20the people who can build relationships or make connections. So again this is
- 5:25on all price points. But when you show up, you need to know
- 5:29the names. You have to have a picture what those people look like.
- 5:31I know everybody's making fun of a Biden for having these que cards and stuff,
- 5:34but I've seen senior level executives have these que cards at least the briefing
- 5:40notes, so that when they're at these events, it's the best money they've
- 5:44ever spent. So if you're going to meet Singing Ping, you not only
- 5:46need to know who Singing Ping is and possibly speak Mandarin something more than Nie
- 5:50how or just while booming by nichewash Emma. You have to be able to
- 5:57have a conversation. And if you can't have a conversation with Ping, you
- 6:00can get a picture with him. Thank him very much, Shashai Shashe.
- 6:04You know, just keep thinking, but not being like a fanboy. But
- 6:10my point being is you need to know who the economic advisors are. You
- 6:14need to know who the import expert folks are. In this particular example,
- 6:17you need to know who security is and who's not security. For example,
- 6:21I was at an event and there was a senator at the event and my
- 6:27client needed the senator to take care of a few things. I did not
- 6:30directly walk up to the senator. I identified the liaison. I had a
- 6:35prepared doc and I wrote it down right there, nice and neat. I
- 6:39went over to the liaison and I had my business card clipped to a letter,
- 6:45handed it to the liaison requesting what I was looking for or at least
- 6:49to further the conversation, and then I left. I didn't try to shake
- 6:55their hand. I didn't interrupt their meeting. I didn't try to get a
- 6:57selfie with them. I basically got the basic information to them. Then I
- 7:04go back to the office, I get a phone call. I get ten
- 7:09minutes on the phone with their staff. I got what I needed. Do
- 7:13you see how this works, folks? This is not about celebrity. This
- 7:18is about positioning, influence and relationship building. So if you're going to have
- 7:24a meeting with Singing Ping, you might only get two minutes to meet with
- 7:28him. I got to shake Tony Robin's hand as he went down a line
- 7:31of people and ask him one question. His response was less than three minutes,
- 7:38but it was worth every penny I paid for that point in my life
- 7:42and for that situation. Now I did get a picture with Tony Robbins.
- 7:45A lot of times, you can order a VIP package to get access.
- 7:47You could buy the seat at the dinner table to get a conversation. You
- 7:53can buy a seat to just be in the room. The level in which
- 7:56you do this is not as important as the preparation. So by having these
- 8:01Q cards or a couple of index cards with the faces, the names,
- 8:05the background, the interest of those individuals, you can then make a connection
- 8:11and pass along valuable information. Now you're not gonna try to talk to the
- 8:15person and spend a lot of time with them, because that individual is also
- 8:18working the room in order to make connections that are important. Now's changing.
- 8:22Ping's not going to be working the room. He's gonna sit there and do
- 8:24his usual smile and everything like that, and he's going to pretend you don't
- 8:28understand what you're saying, and you're gonna get two seconds to say nihow,
- 8:33smile and introduce yourself. You know, uh, you know wat chow,
- 8:37Hello, Josh sure is my name is justin Hit. I know that doesn't
- 8:41mean justin Hit, but that's my Chinese name, and then I'll shake a
- 8:46hand, smile, and then I'll move on with the next person in the
- 8:48line. Shakes a hand. But if you have a business card in your
- 8:52pocket, or you have an index card or a folded up letter that's nicely
- 8:56typed out been translated into Chinese, and then you shake Chinging Ping's hand,
- 9:01and the next hand you get to shake is the commerce minister. You can
- 9:03hand them an envelope and they will get it to or at least review it,
- 9:09and it will be taken care of. There is no person on this
- 9:13planet that you cannot reach and that you cannot influence in some way if you've
- 9:18done your homework. So I've given you this example because it's pretty sensational.
- 9:26There are very few subscribers on this list that would benefit from a direct meeting
- 9:31with Hinging Ping. But at such an event, you're going to interact with
- 9:33other people. And this is the next point here, you're going to interact
- 9:37with other people who could afford to be in the room. So sometimes it's
- 9:41not the VIP you're going to meet, but it's the conversations in the hallway.
- 9:45It's the conversations around the dinner table. It's the ideas and concepts you
- 9:50can exchange. It's the photographic evidence of your belonging to such a group or
- 9:56such an association. If you look at Jeffrey Epstein's engagement and a lot of
- 10:03people that we know now respise or compromising individuals. Very often they'll photobomb events,
- 10:09they'll walk the red carpet, they'll get photographs with famous people. Because
- 10:13it builds up a perception of association or perception of value. Now, in
- 10:20the nature of the type of work that I do as a strategic consultant or
- 10:24an advisory In an advisory role, I try not to be in pictures unless
- 10:30it is something of personal interest to me. But my clients that client I
- 10:33had meet six hundred people in the course of a year. Sometimes they're meeting
- 10:37ten or fifteen people at a single event, but they're very often getting pictures
- 10:41with those individuals. They're being seen with those individuals, they're passing along information
- 10:46or receiving information, and they're listening and they're engaging. And those are the
- 10:50things that I help with my coaching clients with because it only takes one meeting.
- 10:56Charlie Tremendous Joanes said, you're the product of the books you read and
- 11:01the people you meet. Wouldn't it be nice to start meeting better, more
- 11:05famous people, better, more connected people, others who are in the same
- 11:11business or serve the same customers. And of course political action committees, fundraising
- 11:16meetings, charitable events, dinners with celebrities, VIP packages, conferences and events.
- 11:24There's a spectrum of level in which this works because most people on this
- 11:28call really want to meet prospective customers rather than a president of a country.
- 11:33Now I have clients who have gotten their picture taken with Bill Clinton, George
- 11:39Bush, Donald Trump. They've been in VIP events or group pictures for special
- 11:45activities or events. They are on people's YouTube channels, they're on people's short
- 11:50list of who to call when there's a solution that's needed. This did not
- 11:56happen on accident. And again, you can prepare for the meeting by understanding
- 12:01who's going to be there. Another factor is the pre connect at meetings.
- 12:05So let's say you're going to a trade show and you want to make sure
- 12:09that your clients or customers who are going to be at the same trade show
- 12:13at least stop by your booth before you go to that event. You can
- 12:16send that letters, you can set up a contest, you can have other
- 12:20types of event activities, so you can have a VIP dinner which you're sponsoring.
- 12:26So one event did I helped the client work on, which was very
- 12:28profitable, was they're going to be exhibiting at a trade show. They spend
- 12:35thirty thousand dollars or something at the trade for a trade show booth, and
- 12:39that includes all their setup and their brochures and you know the people that are
- 12:41going to be there. But they wanted to meet with their very best customers
- 12:45and reward those customers and acknowledge those customers and build that social connection with those
- 12:50customers at this event because they knew the customers tend to attend the event.
- 12:54This is like a association of general contractors, and so these are general contractors
- 13:00that are coming and then the client. A couple clients have done this with
- 13:03sold industrial services or equipment. So what they did is set up a VIP
- 13:09dinner where they invited their existing clients and gave them a ticket which was each
- 13:16one bring one is kind of the concept. So they give two VIP tickets
- 13:20to the people in the company that are clients, paying clients, and then
- 13:26they asked them to give the names of other people who should attend the dinner
- 13:33who are not yet clients. Now, of course that's not the language we
- 13:37use on the invitation, but essentially we want the customer to bring their friends
- 13:41for a free meal, to hear a very short presentation, but basically to
- 13:46end up on the mailing list of the company, because those individuals are pre
- 13:50qualified to purchase the product or service. And so we're looking at thirty dollars
- 13:56a plate. I think was the total all in costs. Your price will
- 14:00vary. But the key point here is that if you have they have a
- 14:05maximum number of people they can bring. And so if there's two principles which
- 14:09are existing clients, and then they're three guests, that's five people. Five
- 14:13times thirty is what one hundred and fifty dollars per table. Now you can
- 14:20use sponsorships and everything. This is in my event marketing program, but essentially
- 14:26you now have for every customer in the room at least one prospect on your
- 14:31list. You serve them a great meal, you have networking opportunities, you
- 14:35prepare because you got all the names in advance, and so now you can
- 14:39tailor presentations, you can use examples. One of the things that we do
- 14:43at these events is we will highlight the customer successes. So we'll have a
- 14:46big binder of success stories. We'll pick two or three success stories for clients
- 14:52that are in the room, and we'll give them a small award and we'll
- 14:54tell all the success you know, Hey, they bought our pump and tank
- 14:58system and it help with fuel controls. And here's the problem they had before,
- 15:03and here's the success they have now, and this is why they made
- 15:07such a great decision, and now you've put them up in front of their
- 15:09friends in a favorable way. They're a hero for the evening. We've built
- 15:16their esteem, we've given them a sens of belonging, We've praised them for
- 15:20their good decisions. What do you think those guests in the room are going
- 15:24to do, whether, of course they're going to see your company in a
- 15:26favorable light. So whether you're attending someone else's event, Kause Shijiping doesn't attend
- 15:33to dinner unless he thinks it's going to be beneficial. Right now, China
- 15:35is looking for more imports, and then of course they're always looking for new
- 15:39markets to export, and so it's a trade dinner. You might think it's
- 15:46beyond you to hold one of these events. You might think it's sleazy,
- 15:50you might think it's out of taste. But presidents of countries hold these events
- 15:56more often than you might know, at any level, whether you're a small
- 16:00business or a large business. And i'll give you a small business example here.
- 16:04Shortly, these types of events connect people, help you better understand your
- 16:11audience, help you make associations and build relationships, and then ultimately close sales.
- 16:18So my client was in worst case, for a table one hundred and
- 16:23fifty dollars, they had three prospects in the room that were not customers,
- 16:30because obviously the existing customers would get a free ticket and they get the opportunity
- 16:34to invite three people. And so if one customer we're also mapping relationships,
- 16:38by the way, but if one customer invited somebody who's already a client,
- 16:41you would say, oh, you get to invite somebody else because that person's
- 16:45already a client, and then you can call them and let make sure they
- 16:48get three people. But essentially the worst case per table, you're in one
- 16:51hundred and fifty dollars. The existing client because they were praised and highlighted and
- 16:57they were given a good time, they are going to be more likely to
- 17:00keep buying, so you'll recover one hundred and fifty dollars on their next purchase.
- 17:06These three new prospects give you an opportunity to invite new people. Now
- 17:08those are single tickets, so they can you know that your client can decide
- 17:12whether they give three tickets. And by the way, your client will will
- 17:15give the tickets out according to their benefit. And see this is no different
- 17:21than giving away race tickets or giving away VIP suites at an event, or
- 17:26setting up a luncheon. But any one of those five people who did make
- 17:30a decision to buy from you will recover the one hundred and fifty dollars a
- 17:33table. Now, of course, if you're going to have one hundred tables,
- 17:37it's a different event than if you have twenty tables. But you see
- 17:40what I'm talking about here. Buying access works for you, and it works
- 17:45for the individual who's hosting the event. I'll leave you with one more example.
- 17:52So as a sales professional, I would get I'd go to a restaurant
- 17:56and that has a room, a side room, and I'd say, look,
- 18:00what does it take to rent your room. I'm going to have business
- 18:03luncheons here that are going to include a small talk and then sharing of a
- 18:07meal, and I'm going to pay for everything, and so what does this
- 18:11cost? And typically for fifteen dollars whatever the entree prices was the maximum I
- 18:21would pay for a room, and then I would work on getting ten to
- 18:25fifteen people in the room. Again, it's a combination of existing customers and
- 18:29prospects, and so as a salesperson, I would have everybody show up at
- 18:33the same time. I would do a brief welcome and a little I'd have
- 18:37a little mixer going, so they'd be free drinks or they'd be appetizers,
- 18:41and they would network with each other. And then I would have the meal
- 18:47served. Everybody would be in and out and under an hour. Now some
- 18:52people would stay longer, but I would introduce myself. I'd welcome all my
- 18:56guests. I'd give them the reason for being there. The reason can be
- 19:02because I just want to help build better networks in our community. It could
- 19:07be we're recognizing somebody who's done in something incredible. It could be I wanted
- 19:11to treat my best customers to a little reward. And then a few guests
- 19:18are here, they can see what everything's all about. It's never like a
- 19:21pitch. It's really like goodwill. They're in and out in an hour.
- 19:26I build a mailing list. So let's say I'm paying nineteen dollars a seat
- 19:30for the meal. All in nineteen dollars a seat for the meal, but
- 19:36I'm getting a name on my list. This is no different than you know,
- 19:40a nineteen dollars cost per lead. I can then follow up with everybody
- 19:45who's in the room, I can shake hands, I can meet people.
- 19:48Now I'm eating lunch too, because my company's usually paying for this, my
- 19:52client's usually paying for this, and so you know, you got to eat.
- 19:56Also, you can't stand around and talk to people while they're eating.
- 19:57It irritates people. But the people in the room also start making these connections.
- 20:03You can start mapping relationships and then even as a salesperson, you can
- 20:07recover this. So let's say it's twenty dollars ahead, you have ten people
- 20:11in the room. You do this once a week, invite different people every
- 20:15week. By the way, you now have two hundred dollars a week,
- 20:18and you're starting to build relationships. You're starting to build a list. It
- 20:22does require some homework. I've described the getting started homework. There's some more
- 20:29strategic things that you can do. It requires a little bit of creative thinking
- 20:33on your part, but it's nothing an assistant can't manage for you. I've
- 20:36had assistance put together workshops where I was training, put together workshops where I
- 20:41was recognizing people. There's different models you can use, and that's of course
- 20:45in my event marketing program, but when we coach for clients, we often
- 20:49find that they'll want off one of these events. And this is the biggest
- 20:55takeaway. When an executive, a client of mine who's making four hundred thousand
- 21:00dollars a year, meet six hundred decision makers in the course of a year.
- 21:03At the end of the year they have a backlog of business and twenty
- 21:07two million dollars in sales. They might have received a million or two million
- 21:12dollars in new business. You don't have to already be rich to have dinner
- 21:18with shanging ping if you can scratch together one thousand dollars in a plane ticket
- 21:22to San Francisco. Now, capturing the photograph, capturing the evidence that you
- 21:30were there, having a good reason to be there, having the homework done
- 21:34in advance, and then of course after the meeting, having to follow up
- 21:38done properly is magical. So I would have a luncheon, have ten people
- 21:45at a luncheon, I paid for their lunch. They got to meet each
- 21:47other as a mix between clients and prospects. And then I would follow up
- 21:51with thank you notes, and I would follow up with the prospect newsletter,
- 21:53and I would follow up with anything that came up during the conversation. I
- 21:59might reinvite some people. I might never invite some other people, but ultimately
- 22:04it was a solid way to build business relationships, to build influence, to
- 22:07demonstrate your value and expertise, to put you in front of buyers in a
- 22:11marketplace, to position yourself as an expert, to demonstrate your credibility, to
- 22:15build authority in a market. This is something that is so powerful. It
- 22:18is strategic relationships. If this is something you'd like to do in your professional
- 22:25business, and something you'd like to do to grow a high ticket service or
- 22:30sale, then immediately visit www dot inside strategic relations dot com. Either become
- 22:37a paid subscriber or join us on a coaching program, or ask your questions
- 22:42on the contact page at www dot inside strategic relations dot com. I can
- 22:49show you how to turn over that thousand dollars tuition, that forty thousand dollars
- 22:53ticket hundreds of times in the course of a year, even thousands of times
- 23:00in the course of a year, depending on your product and service and how
- 23:03comfortable you are with these types of things. But I'm somewhat of an introvert,
- 23:08and I still manage to get ten friends in a room if five of
- 23:11the people are your existing clients. You already know the people, and if
- 23:15they bring five more people who are friends, you now have a larger list
- 23:18to market. You could literally do this as a salesperson off of commissions.
- 23:25But again, if you have the leverage, if you have a company,
- 23:30I can do like I've done a lot of clients of mine, and you
- 23:32could actually just go out and do the tour. And so I had another
- 23:36client that basically went to They had offices all over the United States, and
- 23:40they would just go from office to office and we'd have meetings lined up and
- 23:44we'd have events lined up, and he'd end up in the newspaper with big
- 23:48spreads about the new activities that are happening. And then whenever he met congress
- 23:52people and senators and local political leaders, there was the right crew there so
- 23:56that we got all that evidenced in document it. And now they have billions
- 24:02of dollars in business. Now, again, I didn't create the billions of
- 24:06dollars in business for them. They took foundational information and resources on building business
- 24:11relationships and connecting with the right people at the right time with the right follow
- 24:15up, and they turn that into a massive organization. Now we have strict
- 24:21confidentiality because there are times where you might meet with an individual where that individual
- 24:25does not want any publicity, and there's an appropriateness of you know, you're
- 24:30just not grabbing selfies with people. And then there's also some social and psychological
- 24:36elements. So for example, when I was working with a military contractor and
- 24:40we had people from Taiwan and Egypt and Israel and different people buying equipment,
- 24:45there are cultural aspects in here. So you don't put the Egyptians and the
- 24:49Israelians in the same room sell them a product because they'll fight over the price,
- 24:53where they'll they'll not be as comfortable. But I have lessons that I've
- 25:00learned working with the French military, working with Canadian government and other places.
- 25:04So if you actually have a million dollar ticket, we can also use these
- 25:08methods with you as well. But you're not gonna you're not gonna put it
- 25:12in the newspaper that you just met with Senator so and so. Who's going
- 25:15to pass a law so that you can get your company in play. And
- 25:19I'll give you a practical example. You're not gonna tell everybody that your lobby
- 25:25group met with Biden and his staff in order for them to follow up with
- 25:30an AI regulation through an executive order, but that did happen. The AI
- 25:36lobby groups and the existing established AI companies have asked the government to protect air
- 25:41quotes again, protect citizens, and then there's new changes at all. That
- 25:47is a thing, and it's a thing that we can facilitate or help you
- 25:51facilitate, but it's the appropriateness must be vetted and you must have the the
- 25:59value you to deliver. I'm just in hit with Inside Strategic Relations. I
- 26:03don't want to go to depth into this. We can talk in a private
- 26:07conversation. You can visit me at www dot inside strategic relations dot com.
- 26:12But you would be shocked how many opportunities there are to meet with decision makers
- 26:18and how many opportunities you have to level up with greater influence, greater authority,
- 26:25and greater control in the marketplace through business relationships that are profitable. I'll
- 26:33see in the next podcast.