"Any business arrangement that is not profitable
to the other person will in the end prove unprofitable for you.
The bargain that yields mutual satisfaction is the only one that
is apt to be repeated." -- B.C. Forbes, founder of Forbes
magazine
For some reason many businesses seem to be designed to leave
customers with a bad taste in their mouths. It might be from
indifferent service, mediocre merchandise, or from the feeling
by the customer that they were in some way short changed on the
deal.
Some businesses act this way and then wonder why they don't
get referrals. Most businesses that act this way don't even think
about referrals; they just worry about getting the next sucker
in the door. This qualifies as brain-dead stupidity, since any
marketer will tell you that the cost to acquire a new customer
is much higher than the cost to get more business from an existing
one.
The same holds true in your relationships, by the way. It is
easier to develop and maintain a good relationship with your
spouse or your kids than it is to win it back (or break in a
new one) after you've screwed it up.
In "The Science of Getting Rich" Wallace Wattles introduces
the concept of "use value" in our transactions. He says, "Give
every person more in use value than you take from them in cash
value." What he means by this is that you give more VALUE
than they expect, and they feel that they got a great deal. Guess
what - there are three recent business books that hit strongly
on this theme with an interesting twist. They advocate a different
kind of use value - love.
Yup, you heard me right. Love.
"But Wes, " I hear someone whining, "isn't that getting pretty
hokey and touchy-feely? I'm running a business, after all." Yes,
it's pretty touchy-feely, but as Harv Eker would say, "Do you
want to be touchy-feely or do you want to stay broke?"
Let's look at these three books, all by certified business experts.
The first to come out was by Yahoo senior executive Tim Sanders
with his book, "Love Is The Killer App" in which he said:
"The most powerful force in business isn't greed, fear, or
even the raw energy of unbridled competition. The most powerful
force in business is love. It's what will help your company
grow and become stronger. It's what will propel your career
forward. It's what will give you a sense of meaning and satisfaction
in your work, which will help you do your best work."
Hmmm - grow our company and our career, give us meaning and
satisfaction - maybe there's something to this love stuff.
The next book is "The Radical Leap" by Steve Farber, former
VP of the Tom Peters Company, in which he says:
"Love is the ultimate motivation of the Extreme Leader; love
of something or someone; love of a cause; love of a principle;
love of the people you work with and the customers you serve;
love of the future that you and yours can create together;
love of the business you conduct together every day. Think
about it..........Without the calling and commitment of your
heart, there's no good reason for you to take a stand, to take
a risk, to do what it takes to change your world for the better."
Ah, so here we see that love isn't something we do for others,
it's something that powers us! It's associated with a higher
purpose for the business, a sense of mission and desire to make
a lasting impact. It makes us passionate about our work.
The third book is "Lovemarks: The Future Beyond Brands" by international
advertising company CEO Kevin Roberts, in which he said:
"..it's not a touchy-feeling concept: companies that make
deep emotional connections with their customers create 'loyalty
beyond reason' and have no problems retaining clients over
a lifetime....It's the only thing that differentiates companies."
Wow! So here's a way to create massive "use value" for our customers
- build deep emotional connections that show we really care about
them, and not just their orders. It creates "loyalty beyond reason",
Roberts says. Would that be good? The side benefit, if you can
call anything this important a side benefit, is that running
a company this way inspires and empowers us at a deep level.
It changes the office atmosphere, it adds meaning to the work
day.
I've never been real big on following popular trends, but this
is a trend I can really get enthused about. It starts in us,
spreads to our coworkers and then to our customers. When we do
this, Wallace Wattles says, "you are adding to the life of
the world with every business transaction." And becoming
wildly successful in the process.
Yes, that would be good.
Wes Hopper is the founder of Create Success Seminars and an author,
trainer and motivational speaker who is dedicated to assisting
sales people and business owners in finding their purpose and living
their dreams.
http://www.CreateSuccessSeminars.com