Real Relationships Real Revenue - Video Edition | Invest in Relationships to Build Your Business and Your Career

Mo Bunnell | CEO and Founder of Bunnell Idea Group | Author of Give to Grow
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Oct 8, 2022 • 36min

How to Succeed Long-Term by Building Stronger Relationships

This week on Real Relationships Real Revenue, we are focusing on relationships. I’m going to give you a ton of steps and mindset tips about how to deepen your relationships. A great deal can make your year, but a great relationship can make your career. By taking the time to strengthen your relationships and making the most of them, you can find more success in both the short-term and the long-term.    Topics We Cover in This Episode:  Commonality Frequency Mutual benefit Balance Uniqueness The importance of writing down your most important relationships The types of people you have relationships with  Adding value to the lives of people you have relationships with Targets Acquaintances Curious Skeptics New clients Solid working relationships Loyal clients Raving fans Adding value in the commercial sense Adding value in non-paid ways Tips for creating an asset list The importance of choosing things that allow relationships to flourish The benefits of choosing paths that deepen long-term relationships How to be “Other-ish”    Don’t underestimate the power of good relationships. Building strong relationships, adding value, and creating raving fans will be a game-changer for your career. You have to avoid thinking in the short term and focusing on money. It’s when we are selfish that we get stuck.    So take the time and focus on what others need and how you can add value to their lives. When you focus on the path that allows your long-term relationships to flourish, you will always win.    Resources Mentioned: Check out BD Habits Check out my conversation with Sandy Lutton Listen to my conversation with Mark Harris Listen to my conversation with James Barclay Listen to my conversation with Vanessa Van Edwards
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Oct 7, 2022 • 5min

How Being “Other-ish” Will Help You Succeed Long-Term

In this episode of Real Relationships Real Revenue, I’m finishing our conversation about relationships. You have to start thinking about your relationships as much or more than anything else. This simple mindset shift is going to give you what you need to succeed over the long term.  Topics We Cover in This Episode:  The importance of choosing things that allow relationships to flourish The benefits of choosing paths that deepen long-term relationships How to be “Other-ish”  When you focus on the path that allows your long-term relationships to flourish, you will always win. You have to avoid thinking in the short term and focusing on money. It’s when we are selfish that we get stuck.  Instead, try to always be thinking of others. By doing this, you’ll win the long-term game and the short-term game too.  For more on relationships, check out my conversation with Vanessa Van Edwards. She is a relationship genius and we talked a lot in this episode about how to be more likable, other-ish, and relationships-focused.    Resources Mentioned: Listen to my conversation with Vanessa Van Edwards
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Oct 6, 2022 • 9min

How to Add Value to Your Relationships by Utilizing Asset Lists

In the last few episodes, we have been dialing in on building and utilizing relationships in your business. In this episode of Real Relationships Real Revenue, I’m sharing how you can add value in non-paid ways so that you can really strengthen your relationships.  Topics We Cover in This Episode:  Adding value in the commercial sense Adding value in non-paid ways Tips for creating an asset list The trick to adding value is to really engage in conversations with people you have a relationship with and understand their goals and what’s important to them.  Become a collector of things that you find interesting. Create an asset list by finding articles that you find interesting and saving the URL’s somewhere on your phone. You can use this to add value to people’s lives over time.  If you’re interested in learning more about this, check out my conversation with James Barclay. He shares how he uses first among equals relationships and asset lists along with so much more.    Resources Mentioned: Listen to my conversation with James Barclay
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Oct 5, 2022 • 9min

Seven Steps to Raving Fans

This week, we have been diving deep into how to build deeper relationships. In this episode of Real Relationships Real Revenue, I’m talking about the seven steps to a raving fan. There are several levels to relationships and if you can get them to the last level, it can have a huge impact on your business.  Topics We Cover in This Episode:  Targets Acquaintances Curious Skeptics New clients Solid working relationships Loyal clients Raving fans   Creating raving fans in your business can be a game-changer. They’re almost like a fractional salesperson for you. If you have raving fans out on the marketplace saying that what you do is great, it could have a massive impact on your business.  One of my favorite people that have worked in this framework is Mark Harris. I interviewed him and he talked about how he thinks about relationships and how he's always thinking about the other person that he's calling on and how he can add immense value to them. Make sure to check it out.    Resources Mentioned: Listen to my conversation with Mark Harris
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Oct 4, 2022 • 7min

How To Get Strategic About Your Most Important Relationships

Strong relationships are probably the most important things in your professional life, but some people don’t actually have a pipeline of relationships. Many people anchor their minds on their relationships with people in the past instead of the future - however, you can’t anchor on that. You want to focus on the future. In this episode of Real Relationships Real Revenue, I’m sharing how you can be strategic about your most important relationships.  Topics We Cover in This Episode:    The importance of writing down your most important relationships The types of people you have relationships with  Adding value to the lives of people you have relationships with   Everyone is important, but with your list, you’ve got some first among equals. Don’t skip writing these down. It is so incredibly important that you make this strategic. Like any project, if you want to get good at it, you’ve got to write stuff down.  For more on deepening relationships, make sure you check out my conversation with Sandy Lutton. She’s one of the most interesting people I have ever met and in this conversation, we talked about how she thinks about relationships. I know you’ll really like it so make sure to check it out.    Resources Mentioned: Check out my conversation with Sandy Lutton
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Oct 3, 2022 • 8min

How to Build Deeper Relationships Using the Five Keys to Likeability

This week on Real Relationships Real Revenue, we are focusing on relationships. I’m going to give you a ton of steps and mindset tips about how to deepen your relationships. A great deal can make your year, but a great relationship can make your career.  In this episode, I’m sharing the science of building relationships and the science of likeability.  Topics We Cover in This Episode:  Commonality Frequency Mutual benefit Balance Uniqueness   Don’t fall into the trap of thinking that likeability is innate. It’s not! It’s a learnable skill and you can get better at it. You can take these tips and dial up your likeability for your most important relationships.  Make sure to check out this free mini-course called BD Habits. This will help you dig way deeper into how to create a system to manage your opportunities, manage your relationships, and manage yourself.    Resources Mentioned: Check out BD Habits
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Oct 1, 2022 • 38min

How to Confidently Deliver Your Pricing in a Way That Is Compelling for Clients

In this episode of Real Relationships Real Revenue, we dive deep into the topic of money. The way you talk about money with your client matters, and it all starts with your mindset. I share tips for how to be confident when delivering your pricing, value anchors and price anchors, how to own your pricing, tips for healthy negotiations, and when to provide options to your clients.  Topics We Cover in This Episode:  Auditing how you talk about money Why bad experiences outweigh good experiences The importance of speaking with confidence about money What the value anchor is Why estimates are fine when talking with clients What the price anchor is Setting your price anchor at a rate that will keep you in the game What to think about if you are more expensive Why people want you more if you own your pricing Why it’s a vote of confidence when people think you’re expensive Healthy negotiations.  Why everything has to cost something Why exact prices are trusted more When to provide options The power of three when providing options The benefits of providing a good, better, and best option Many people wilt when it comes to the money conversation, but it’s so important that you’re engaged and confident when you talk about money and how great your work is.  Own your pricing. Get aligned. If you share how great you are and you have high pricing, it all makes sense. It is a wonderful compliment when someone says that you are expensive. That is actually a vote of confidence.    Resources Mentioned: Read the Baumeister study Check out Galinsky’s research on price offers as anchors Check out Conley’s research on pricing Check out the research on why you should use exact prices Listen to my conversation with Maria
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Sep 30, 2022 • 10min

The Secret to Getting Clients That Aren’t Sure Exactly What They Want

In this episode of Real Relationships Real Revenue, we are talking about something that is rarely done with service-based offerings. It’s a pro-ninja tip that I think is going to help you a lot in certain situations. I’m sharing why from time to time, you want to provide options for your clients to move forward. When it’s clear that there’s one offer, you want to go down that road. However, there are times when the client isn’t sure how they want to proceed so you’ll want to give them a few different options to choose from.  Topics We Cover in This Episode:  When to provide options The power of three when providing options The benefits of providing a good, better, and best option Providing options is a great way to get your client to agree to work with you when they aren’t sure what is best for them. Just make sure to avoid providing too many options. Three really is the magic number in this case.  When you use this construct, make it as simple as possible. Make it clear what the value, work, and investment is. You want to get into your consulting mode and make it clear what is the best option for them.  For more tips on talking about money, make sure to check out my conversation with Maria Kelly linked below. It was an excellent conversation and I know you’ll enjoy it.    Resources Mentioned: Listen to my conversation with Maria
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Sep 29, 2022 • 8min

Everything Costs Something: The Key To Healthy Negotiations

In this episode of Real Relationships Real Revenue, we are talking about the principle that we need to make everything cost something. We all know that there is no such thing as a free lunch. Many times clients will ask for something at a lower rate or they’ll ask for something to be thrown in for free. There will be times when you do that. However, in this episode, we are talking about negotiating a specific project and why you should always ask for something in return.  Topics We Cover in This Episode:  Healthy negotiations.  Why everything has to cost something Why exact prices are trusted more When your client asks for something, you have to ask for something in return. That is the bottom line. If they call and ask for a favor, take your time and think about what you can ask for in return. You don’t want to make it too easy for them. This will help you get farther faster.  It’s also important to remember that you’ll get more wins by not rounding the number of your price. Keep it exact and you will build more trust and increase your ability to raise prices going forward. Check out the research on why rounded prices should be avoided at the link below!   Resources Mentioned: Check out the research on why you should use exact prices
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Sep 28, 2022 • 6min

How to Own Your Pricing, Even if It’s Expensive

This week we have been talking all about money. In this episode of Real Relationships Real Revenue, we are talking about the idea that what costs more is worth more. We have all heard the saying “you get what you pay for.” In general, what costs more is more desirable, and this is important to keep in mind when you consider your pricing.  Topics We Cover in This Episode:  What to think about if you are more expensive Why people want you more if you own your pricing Why it’s a vote of confidence when people think you’re expensive If you own your pricing and talk about it calmly, people will want you more. Do you want a car that is cheaper or more expensive? The mental heuristic is what costs more is more desirable. So don’t doubt yourself if you’re more expensive.  Own your pricing. Get aligned. If you share how great you are and you have high pricing, it all makes sense. It is a wonderful compliment when someone says that you are expensive. That is actually a vote of confidence.  Conley’s research on this topic is extremely interesting and I highly recommend you read it if you want to dig in deeper.    Resources Mentioned: Check out Conley’s research on pricing

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