Posts Tagged ‘Elevator Speech’

Job Search Organized. Now What?

Wednesday, October 13th, 2010

Last week I wrote about organizing your job search.

If you’ve done what I wrote about in that post, you now have a list of 5-8 companies you want to target.

Now what?

Your elevator speech is next. What’s important isn’t the speech. It’s the thought process that goes into it. I’ve written a lot about elevator speeches on this blog, and I’m not going to rehash all of it here. Go read my other posts for more detail.

What I’m going to focus on today is what you do, and the value you bring to a potential employer.

Ask yourself why you would hire you? What did you bring that was valuable to your last job? Did you increase sales by 25%? Improve efficiency by 39%? Improve morale and increase employee retention by 15%?

You need to know the answer. And you need to be able to describe how you did it. As a job seeker, you’re going to be asking your contacts to introduce you to busy people. Everyone, including you, needs to believe you are worth their time.

I’ve been in your shoes. I didn’t feel I had anything to give. Fortunately, the person who introduced me to my next employer thought otherwise.

This exercise is as much for you as for them. After you lose a job, you go through all the stages of grief. And the biggest part of the process is feeling it was your fault. That you did something wrong. Most of the time, you didn’t. So take this time to look back on your employment and find those unique qualities you bring.

Work them into an elevator speech. Believe in yourself. The next step is networking your way to those target companies, and that’s going to take some guts. Take the time now to be sure you’re ready.

Worst Elevator Speech Ever!

Monday, October 4th, 2010

As you can imagine, I’ve heard the good, the bad and the ugly of elevator speeches, but this one particularly stood out.

It went something like this:

Hi I’m Jill of [fill in company name]. I’m the speaker at my networking group next Tuesday, and it’s my responsibility to bring guests. We’re a great group with usually at least 50 people there, so it will be a great networking opportunity for you. I hope you’ll be there.

Actually, it was a bit longer, and I tightened it up. But that was the gist.

There wasn’t anything really right about this speech, but here’s the list of what was wrong. Ready? It’s a long one.

1. Other than the company name, there’s no indication about what she does.

2. No indication about what she’s speaking about. Where’s the value in my coming?

3. Really, you wanted to tell us all it’s your responsibility to bring guests? That makes us more likely to attend why?

4. Short notice. This speech was given the Friday before the event.

5. Worst of all. Where and what time? The event moderator actually had to ask her to give that information. Lucky the moderator cared enough to do that.

What could this have looked like? How about this.

Hi, I’m Jill of [company name]. In my business, I [add value statement]. I’m the speaker at my networking group next Tuesday morning at 8:00. If you attend, you’ll receive 5 useful tips in the [fill in industry] that you’ll be able to use right away. The group usually has 50 people each week, so it’ll also be a good networking opportunity. The location is [fill in name and location of place].

The time frame is still short, but everything else gives us a reason to attend. And all the pertinent information.

Anyone else have a horribly bad speech to share. Of course, one you heard. We know yours are always good!

The Psychology Behind Tag Lines

Tuesday, June 1st, 2010

I’ve done several blog posts recently on the psychology behind elevator speeches, but the one element I haven’t covered yet is the tag line.

Tag lines are a good way to wrap up your speech. We like things wrapped up, and a good ending is kind of like putting a bow on a package. Do you need a bow? No, but it completes the presentation.

A good tag line should be 5-9 words. Any longer, and it becomes cumbersome. Shorter is okay. I heard a good three word one last week.

How about some examples? Here are some good ones:

1. We take the SH out of IT (for a computer repair guy)

2. If you ignore your health, it will go away (health supplements)

3. We think outside the basket (gift baskets)

4. It’s not hard to put your name on stuff (promotional items)

Get the idea? Short and punchy. The idea is to wrap up your speech in a memorable way while also touching on what you do. A listener may have glazed over the rest, and that’s your last chance to capture attention.

A quick story about tag line number 4. One of my clients told me she remembered it but not exactly who said it. When she saw her later at another event, she put the tag line and the person together. Without a good tag line, she might not have remembered.

Like the bow on the present, it’s not strictly necessary, but it does make your speech a bit more fun and easy to remember.

Anyone else have some good tag lines to share?

There’s No “I” in Elevator Speech

Friday, May 7th, 2010

I’ve probably been way too cute for my own good with that title. But did it get your attention?

Two days ago, I talked about the dangers of using “you” in an elevator speech. Today I want to talk about when and how to use “I” vs. “we” in your speech.

I get this question frequently. Someone wants to make their company sound bigger than a one-man operation so they want to use “we” in their speech. Something like this:

“At 1 to 1 Discovery we offer networking coaching services to our small business clients.”

I’ve been accused of being a multiple personality before, but even that doesn’t give me the right to say “we” offer services. 1 to 1 Discovery is a one-woman operation, and it’s going to stay that way for a long time. So if I use “we,” I’m being deceptive, which makes it much harder to get over the “know, like and trust hurdle.

I was teaching a class earlier this week, and someone asked me about “I” vs. “we.” She markets a product. I asked her if she was the person who made the product. She said she was but that currently her mother helped out. And in the future, she plans to outsource the production. I told her it was okay for her to say “we make” in reference to her products. Is it stretching the truth a bit? Yes, but it’s not outright deception. In her case, it’s the business way of dressing for the job she wants, not the one she has.

What about when you ask for a referral? Do you say “please refer someone to me” or “please refer someone to us?”

It depends. Most of the time I recommend using “me” in that instance. It doesn’t matter how big your company is. Most people are referring you. You are the one they have built the relationship with. Honor that relationship by asking people to refer you.

But what if you are in, say, an administrative role in the company? You may be out networking on behalf of the organization, but you aren’t going to be the point person for new clients. Then go ahead and say “please refer us.” You may be the person handing out the card. A referral might call or email you directly, but then you’ll be handing the referral off to the right person in your company. Asking to refer “us” sets that expectation.

I hope these two posts have been helpful to sort through pronouns in your elevator speech.

And you thought the hard part was standing up in front of a group of people for 30 seconds?

Elevator Speeches: Proper Pronoun Usage

Wednesday, May 5th, 2010

Pronouns are tricky things, and when and how to use them in elevator speeches is important. No, I’m not giving you a grammar lesson, but instead discussing how pronoun usage affects how people react to your speech.

I’ll be splitting this one over two days. Today, I’ll tackle “you.” Tomorrow I’ll discuss when you use “I” vs. “we.”

It’s very tempting to use “you” in an elevator speech. You are talking to a group of people, and you probably want to attract some of them as potential customers. But we resent being sold to uninvited and using “you” in a speech can come across that way.

Let me show you why. Take the following example:

“Hi, I’m Juli and I offer business services. I’m looking to work with people just like you, so if what I say interests you, please come talk to me later.”

Before you say that’s unrealistic, understand that I have heard speeches using that exact formula. It’s not wrong, exactly, and if there’s a good story there, someone might respond by asking “tell me more.” But it does sound like the speaker is trying to sell the group, which may leave some feeling uncomfortable. It also subtly discourages the audience from thinking of referrals for the speaker. The use of “you” sends us down the following thought process:

Do I need this product or service?
If yes, I might ask to learn more
If no, I’m done.

There’s nothing there that makes me think about finding a referral for the speaker. Let’s say this speech was given to a room of 20 people. That’s 20 potential clients. But the rule of thumb is that everyone knows at least 250-300 people on a first name basis. Why not structure your speech so it has the potential of attracting 5,000-6,000 potential clients?

Second example:

“Hi, I’m Juli, and I offer coaching services. I’m looking to work with small business owners who need to use social media more effectively. Who do you know who owns a restaurant or small retail business looking for more walk-in traffic? Please refer them to me.”

See the difference? The only place I used “you” was in the “who do you know” question. If someone in the audience fits my category, he or she can self-select to speak to me. But I’ve made it clear that I’m looking to work through the people in the room to get to their referrals.

This structure opens myself up to many more potential clients than using the “you” structure.

Make sense? Have you been using “you” statements in your elevator speech? Thinking you might change that?

Tune in tomorrow for when to use “I” or “we” in an elevator speech.

How to Ask for a Referral And Actually Get One!

Friday, April 16th, 2010

I’ve done several posts this week on elevator speeches and the psychology behind them. I want to wrap up this series with specifically how to ask for a referral and get what you want.

If you’ve been following my suggested elevator speech structure, by now you’ve told a story about how you helped a client, and you’ve triggered an emotional response in your audience that should leave them inclined to help you.

Now you need to follow that emotional reaction with a specific request for a referral that gets our brains working.

You can do this one of two ways.

1. You can ask for an introduction to a specific person

I mean that exactly the way it sounds. Ask for a specific person, by name, company and title. “I’d really like an introduction to John Smith, CEO of Virginia Colony Corp.” This will get your everyone’s brains in gear while they try to think if they know John.

You’d be surprised how often this works. I’ve seen people raise their hands in meetings and say “I know him.”

And what if they don’t know him? That’s okay. Our brains will make connections. Maybe I don’t know John Smith or anyone else at Virginia Colony Corp. But I might know Cecil Calvert at Maryland Colony Corp. If I do, then I have to ask you if Cecil would be a good referral for you.

Either way, you’ve been successful at getting me to say “tell me more,” which is your ultimate goal in an elevator speech.

What if you don’t know of a particular person to ask for? Not a problem. You can…

2. Ask “Who do you know who?”

This method works if you are looking for a class of people. Examples:

“Who do you know who is paying too much for car insurance?”

“Who do you know who is unhappy with their web traffic from search engines?”

“Who do you know needs to network and doesn’t know how?”

“Who do you know who is a Keller Williams realtor?”

“Who do you know who” is powerful because it can’t be answered with “yes” or “no,” so we can’t default to no action.

I watched this in action with one of my clients at a networking event. After every conversation, he would ask for a referral. Sometimes he said, “Do you know someone who?” and sometimes he would ask “Who do you know who?” He’d been working the event the right way, so people were motivated to try to help him. Everyone he asked thought about it. But when he asked “who do you know who,” they thought longer. Noticeably longer.

Either method will work. If you’ve engaged our emotions with a solid story and then follow it up with a good referral request, you are working comfortably in our buy cycle, and with our inclinations and psychology. You won’t get a referral every time. But you’ll get one often enough to keep you in business. And a lot more often than your competitors, who probably don’t use these strategies.

Anyone want to try to put it all together? Go ahead and post your elevator speech in the comments. I’ll give you constructive (and supportive) feedback.

And maybe another reader will have a referral for you.

Psychology Behind Asking for Referrals

Thursday, April 15th, 2010

Yesterday I looked at some of the psychology behind the elevator speech and why the elements work the way they do in the order I suggest.

Today I want to focus on the psychology behind asking and how you can increase your odds that someone will respond with something you want.

Most people say either “If you know someone who needs my services, please hand over my card” or “A good referral for me today is…”

Neither of these are particularly effective. (Don’t believe me? Try them sometime and see what happens.) The first one does have a call to action (hand over my card), but asking for “someone who needs my services” is vague and not specific.

Remember that our natural inclination is to do nothing. It’s not fair, but it’s how most people act. Taking risks is…well…risky, and we don’t like to fail. As children, we’re taught to do the safe things, and the safest thing is often to do nothing. So if you are vague in what you ask for, we’ll default to doing nothing. Oh, we might say, “Sure, we’ll keep you in mind,” but more than likely 5 minutes later, you’re forgotten.

So you need to force us to think. Right here. Right now. Which is why “A good referral for me today” has part of it right. The “today” part. That gives a sense of urgency to thinking about it now. But you leave us with the question of “Is is still a good referral tomorrow?” Which gives us permission to ignore the request tomorrow and the day after. Still not what you want, right?

Frustrated yet? Don’t be. If you’ve followed the structure, you’re half way to getting what you want.

Remember how I talked about the importance of stories? Stories stick with us if they evoke an emotional reaction. You will remember an emotional reaction for a long time. It might be associated with what you were eating, smelling or feeling when the emotion is triggered. Emotions get fixed in us and can be re-triggered easily later. So the story will be valid tomorrow and the next day in the way that “A good referral today” won’t be.

Follow the story up with something to make us think, and you’ve probably got us. It makes the emotional trigger sink in deeper.

You make us think by asking for something specific. Remember the buy cycle? We make a decision with our emotions and then justify it logically. Well, the story helped us make an emotional decision. We either believe the story and want to help or we don’t. But we want to help. We really do, deep down. So that specific request, if it also triggers an emotional reaction, might shift our decision.

If our emotional decision was to help, then the specific request hits our logic and seals the deal.

How can you be specific? That’s the topic for tomorrow. Let what I talked about today sink in, and you’ll be ready to pull it all together.

Psychology Behind Elevator Speeches

Wednesday, April 14th, 2010

Last month I did a post on elevator speeches, and I gave a basic structure for an effective speech and broke down the various parts.

I taught a class on this subject earlier this week, and we talked about the psychology behind some of the elements, and I wanted to go into some greater detail on that here.

The Story

Always remember that we buy with our emotions and then justify our decision with logic. We also make buying decisions very quickly, which is why the 30-second speech is so important. No one will make a buying decision from your speech, and you’re not expecting them to. What you can expect is that they will want to hear more.

A story is going to get a “tell me more” reaction more often than a list of services. A story will allow us to make connections between you and people we know who might relate to your story. And a story can show you are good at what you do, far more effectively than telling us you’re great.

Specific Request for Referral

Someone in the class asked me if it was okay to ask for the referral first. I said no. Why?

Back to psychology. We decide with our emotions and justify with logic. A request for a referral is an appeal to logic. Putting it before the emotion reverses the buy cycle and makes us less likely to listen and ask “tell me more.”

Is This Manipulation?

Sales psychology is considered manipulative, and often, it is. Closing techniques are almost always intended to coerce someone into “buying now” or buying something they might not want or need.

What I’m talking about isn’t manipulation. As long as your story is true (or, in the case of a brand-new business owner with no clients yet, plausible) and your referral request is for someone you really can help, there’s no manipulation going on.

What I am advocating for is working with our inclinations and ways of making decisions rather than working against us. We’ll feel more comfortable with you, even if we don’t know why. And if we are comfortable, we’re more likely to refer you.

Make sense?

Tomorrow I’ll talk about the psychology behind how you ask for that referral.

Networking in Multiple Businesses

Thursday, March 25th, 2010

On Tuesday I did a post on the Top 10 Networking Mistakes and #10 was being inconsistent in your image and having people ask “Who are you today?” But some business owners have multiple businesses. How can they effectively network for them all?

Synergy

Obviously, the more similar your businesses are to each other, the easier it is to network for both. When they don’t seem to have any natural connection, you’re going to have to get more creative. Let me give you some examples.

Let’s say you sell health and nutrition products and also own a day spa. These are easy to network for. A client for one is very likely to be a client for the other. So when you are training your network to look for referrals, it’s easy. They are looking for exactly the same thing for both.

How about owning a networking coaching business and a sign store (like I used to)? They both have something to do with marketing, but it’s not quite as obvious what message to send out. This is where you have to look at your ideal clients and find connections. In this example, non-profits need signs and they need to network for members and donors. So the marketing director of a non-profit could be a good referral for either business, and you can send that message out to your network.

But what if they really don’t seem to have a connection? I have a friend who sells nutrition products and offers voice-over services. Two completely different industries. On the surface, it seems like his clients have nothing in common with each other. It’s up to the business owner to find (or create) some connection. For example, consumers are increasingly doing their research on-line. Doctors have web sites, and potential patients often check them out before calling to schedule an appointment. My friend has a very soothing, confidence-inspiring voice. He could market his voice to doctors to provide a reassuring on-line “voice” for the practice. And, oh by the way, medical professionals just happen to be ideal referrals for his nutrition products. But every nutritional supplement seller wants to get face time with doctors. And they often turn them away. Voice-over could be a way to build confidence and a relationship that could lead to a solid client for the other business.

Creativity is the name of the game.

Time

We all have a limited time to network. (No, even I can’t network 24/7.) So how do you allocate time to network for each business? Even if you have drawn good parallels between them, there are still some events that are better for one or the other. I have a couple of suggestions for time allocation and how to avoid some common mistakes.

Look at your networking budget, both time and money. Decide how much to allocate to each business and stick to it. It’s very easy to concentrate on one to the expense of the other. Don’t do it. Spend at least some time a month networking for each. It’s okay if one gets 1/4 time and the other gets 3/4. You don’t have to spend equal time on each. But watch yourself. If one seems to be taking over, consciously schedule some time for the other.

What about the message you send? Should you talk about one or both at any particular event? I suggest you represent one at each event. Look at the events you frequent. Probably some venues are better for one and others are better for the other. Choose which to represent accordingly. If an event allows you to give your elevator pitch, definitely stick to one at a time. I’ve seen people try to squeeze multiple businesses into the same 30 second pitch. It isn’t effective. Trust me.

What about one on one meetings? Use common sense. If the person you are meeting with is obviously better for one than the other, present yourself accordingly. Use the connections you have built between your businesses to try to ask for referrals that will help both. But until you build a solid relationship with a new contact, don’t ask them to keep their ears open for too many things. The result will be that you look difficult to refer, and you won’t be referred at all.

Networking for multiple businesses is certainly possible. It takes more creativity and focus than just doing it for one. But the benefits of having multiple income streams can certainly offset the increased work.

Sizzling Elevator Speeches

Monday, March 8th, 2010

In my last post, I talked about your networking toolkit and said that a good elevator speech was an essential part of that kit.

What is an elevator speech? Simply, it’s a short statement about who you are, what you do and who you are looking to meet. Think of it as the verbal equivalent of your business card.

The following format works very well for someone looking for business referrals.

1. Name and Business
2. Brief description of your product or service
3. Profile of a client you have helped and how you helped them
4. Specific type of referral you are looking for
5. Name and Business again
6. Your “tag” or “hook” line if you have one.

Let me break this down, one element at a time.

Your name and the name of your business should be and is pretty obvious. Enough said.

The brief description of your product or service is the first point that trips people up. This is where it is very easy to go into the laundry list of everything you do. Resist that temptation! We can only keep a few things in our mind at one time. If you overload us with a long list, we will tune you out.

The other reason you can be brief in your description is that your story is another way to describe what you do. A story that moves us is more likely to be remembered than a list of services offered. A story can illustrate a number of things about you. It can describe a client in terms that might trigger other people to say to themselves, “Hey, I know someone like that!” It can show the specific benefit of working with you. It can show how wonderful you are with your clients. And it does all these things in a way people will relate to, believe and remember.

So when you are working on your elevator speech, think about your clients. What are your two or three best stories? Write them down and then work on trimming them to about 15 seconds.

So after your story, we know what you do and a little bit about how you do it. We also should have some clues about who you do it with. But it’s not enough to just passively put the word out there. You need to give us a call to action. And that’s what the specific request for a referral does.

How do you ask for a referral? There are a couple of methods. One is to ask for a specific person. You refer back to your story and say something like, “Another company that I’d like to do the same thing for is XYZ Corp. I’d appreciate an introduction to Jane Smith in their HR department.”

Supposing you don’t need to meet a specific person? That’s okay. You can still ask for a referral. A good phrase to use is “Who do you know who…” and then fill in the rest with something that ties back to your story. That is a very powerful way to ask for a referral. It is an open-ended question (one that can’t be answered by “yes” or “no.”). Many people use “Do you know someone who?” This structure is not as effective because it is closed-ended (can be answered by “yes” or “no.”).

Repeat your name and the name of your business. Why? Because the odds are good that we weren’t paying attention the first time. If you are at an event where lots of people are giving an elevator speech, we’ve probably heard several bad ones already and are bored. We’re going to assume that you are going to be just like the others we’ve heard, and we’re tuning you out. Then you surprise us with something that is actually good! Now we want to meet you. But we missed your name.

Few people are comfortable with walking up to a total stranger and admitting we can’t remember a name. So give us a second chance to catch yours. We’ll be more likely to talk to you and ask you to “Tell me more.”

Finally, do not overlook that tagline. What is a tagline? It’s an eight to ten word sentence or phrse that ties everything together and leaves something memorable in the audience’s mind. Big companies almost always have them. Some examples are:

Avis-We try harder
GE-We bring good things to life
Nike-Just do it.

See what I mean? A tagline should be catchy and memorable. It’s the last thing your audience will hear, so it is worth spending some time working on a memorable one. It will set you apart from others at a networking function and will make people want to talk to you.

The most important thing is to remember always to be clear and concise. No one likes to listen to someone drone on for several minutes and say nothing. One of the best compliments you can get is one that I received after an event. “Lots of people talk a lot and say very little. You talk a very little and say a lot.”

That’s the goal of an excellent elevator speech!