In short
The $100M Entrepreneur Podcast: Episode Summary
Episode Title
How to Get New Clients & KEEP Them From Phil Hesketh
Host
- Brad Sugars - Founder of ActionCOACH and host of the podcast.
Guest
- Phil Hesketh - Sales strategist and motivational speaker with over 20 years of experience in advertising and consulting.
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Key Themes and Concepts
- Client Acquisition and Retention
- Phil emphasizes the importance of *winning clients*, particularly those that seem unattainable.
- Success in acquiring clients requires a *consistent effort*, likened to having "antennas out" for potential opportunities.
- Genuine Interest and Relationship Building
- Phil's approach revolves around a *"show me you know me"* philosophy, which stresses understanding clients on a personal level to foster long-term relationships.
- Influence in sales should stem from *genuine connections* rather than mere persuasion.
- The Difference Between Persuasion and Influence
- Persuasion: Something done to someone; often feels negative (e.g., "I’ve been sold").
- Influence: A mutual engagement where both parties feel involved; arises from genuine interest and connection.
- Psychological Drivers of Decision-Making
- Phil identifies seven psychological drivers that influence client decisions:
- Love: Clients want to feel genuinely cared for.
- Importance: Clients want to feel valued.
- Belonging: Clients desire a sense of community and belonging.
- Beliefs: Acknowledgment of clients' beliefs is crucial.
- Certainty and Uncertainty: Clients want a balance of both in their interactions.
- Growth: Clients are driven by personal and professional growth.
- Place: Clients find comfort in familiarity, such as routines or settings.
- Learning from Failure
- Phil suggests that failure can offer valuable lessons, particularly when it reveals dislike for losing opportunities.
- Emphasizes the need for resilience and continuous effort despite setbacks.
- Effective Questioning
- The importance of asking questions is highlighted as a method to learn about clients' needs and priorities.
- Phil stresses that these questions should come from a place of *genuine curiosity*.
- Target Market Identification
- To acquire new customers, businesses should:
- Clearly define their *target market*.
- Identify and communicate their unique offerings consistently.
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Key Takeaways
- Building strong relationships with clients requires continuous effort and a genuine approach.
- Understanding psychological drivers can significantly impact sales success and client satisfaction.
- The distinction between influence and persuasion is fundamental for effective selling strategies.
- Learning from failures and embracing continuous improvement is crucial for long-term success.
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Conclusion The episode provides valuable insights into client acquisition and retention, emphasizing the importance of genuine interest, relationship building, and understanding psychological motivations. Phil Hesketh's expertise offers a framework for entrepreneurs seeking to enhance their sales strategies and client interactions.
For more insights, check out [Phil Hesketh's website](https://www.heskethtalking.com/) and keep learning from the [Big Success Podcast](https://bradsugars.com).
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Note: For those interested in exploring further, make sure to subscribe to the podcast for weekly insights and strategies for success in business.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00I felt I was being successful when I was winning clients, particularly the world you weren't expected to win. Philip Heskett, sales genius. You're better than anybody else. Persistently, over time, you keep banging away on how good you are at what it is that you're doing. The guy is renowned for being a great speaker. 20 years in the advertising business of helping companies get more business. Influence comes when you feel buyer and seller, you're in this thing together. And you can influence someone because you feel like there's genuine interest from the other person. Well, how does success happen?
0:37What's your thoughts on that one? Well, I've really had two careers, Brad. First of all, a career in advertising, did that nearly 20 years, run a business, and now 20 years as a speaker. The one thing that they've got in common as a thread, the thing that I would regard as being a success at, is getting new clients. and that for me was always the satisfying thing that I felt I was being successful when I was winning clients particularly those who weren't expected to win how do you make success happen again and again and again the managing director of the agency I worked for approached me about 10 years ago and said how do we get new business like you used to do it and I said well I can tell you how to do it but I didn't say this Brad but I felt like saying you won't do it because it is constant.
1:27It's like always having antenna out. I used to do this thing of show me you know me. I saw this and I thought of you constantly being in touch with potential clients. So that over a period of time, sometimes over many years, I used to say to people, I'm on the subs bench. I'm ready when you are. And that for me is the model for getting new business. So many businesses are short of business. So chase some business, have a degree of success and stop doing it. And then there's a bit of a lull. Oops, start doing it again. No, no, it's constant. It is like forever. That for me is the model of success.
2:12How does failure teach success in your mind? How do we learn from our failures? I think you learn from failure if you discover that you hate it. I used to say running a business, It takes a Herculean effort to win business. Anything less than that is not acceptable. So for me, what failure taught me, little bits of failure, losing an account, not winning an account, all those things, I hated it with a passion. What's the difference between persuasion and influence? I think persuasion is something you do to someone. If you ever go home and say, hey, guess what? I've been sold today. You don't feel good about that.
2:52So I think persuasion is something you try and do to someone. And we don't like persuasion. Influence is something that you have on people. Influence comes when you feel buyer and seller, I call it being in the canoe together. You're in this thing together and you can influence someone because you feel like there's genuine interest from the other person. How does someone become successful at influencing? It's all about finding out what the other person wants. What's the most important thing for the other person? What is it that they're after? And then helping them achieve that. And at the same time, trying to slowly shift them to your point of view.
3:33How does someone become a questioner? Is that just a natural thing or is it a learned thing? I think you've got to have a genuine interest in people. It's interesting. If I go back to my time with Procter & Gamble, I learned the eight by seven, the eight steps of the selling call and the seven selling tools. And that's not like that now. We've all wised up. And I often say when I run sessions, if you only remember one thing from this, just ask a question. Just if you're in a query, ask a hypothetical question. But I do think you have to learn it. And then it becomes natural. My seven psychological drivers, the first three, as you say, are the most important.
4:10We all want to be loved. And by loved, I don't mean hugging and kissing. What I mean is I know what everybody's clients and customers they want. They want to feel like you truly care. Secondly, we all want to be important. And that doesn't mean, hey, look at me, I'm the most important person. After love and important, we all want to belong. You know, we like to belong to groups. If you can allow the person that you're trying to influence to feel like you truly care, that they are important to you, and you belong, then you'll have much more progress. I often talk about the biggest single question you can ever ask in life is, will you marry me?
4:52And almost always you get a yes. Why is this? Because you've discussed the future. And you're basically saying, I think my future will be better with you. Do you think your future will be better with me? I love you. You're important to me. We belong. And so that's why they're the three most important fundamental psychological drivers. How does someone succeed at that? Are there steps to each of those? The key thing is you've got to truly care, truly want to be interested in your clients, your customers and so on. But it comes back to this questioning, Brad. If you ask somebody, you know, what's the most important thing to you about the service we're going to provide?
5:31What's the most important thing to you about our relationship? Well, automatically, the other person feels important. If you're in love, like you truly care, you feel like it's me and you together. together there's plenty of other questions but you know for me the most important thing is what's the most important thing to you about let's dive over to the other four things i still think you know even though they're not your top three they're in the seven so we got to cover it sure yeah so there are nothing really in any particular order after loved important belong people have beliefs when you have to recognize people have got a strong belief on something you can't tell them and that they're wrong.
6:08Then we all want a balance of life in our lives of certainty and uncertainty. So if you're going to watch a rugby match, a cricket match, you're going to the theatre, whatever it might be, you want to be certain you've got a seat. You want to be certain what time it starts. You're pretty sure what time it'll finish. You want a certain way you park your car, but you don't want the certainty of outcome. So we like a balance of certainty and uncertainty. And then the final two are, everybody wants growth. We're driven. And then finally, we all want a place. If you are sitting at home tonight watching television with your significant other, I will bet you sit in the same seat you always sit in.
6:45Why is it? Because we want a place. So those are the seven things that drive us, Brad. Let's dive into getting new customers. What are the success factors to getting new customers? For me, you've got to know who your target market is. And you've got to tap into what it is that you've got to offer that is different to anybody else. making sure that all your details matter, that you're better than anybody else, and that persistently over time, you keep banging away on how good you are at what it is that you're doing in a way that appeals to that market. And that's the big success podcast for today.
7:25Hopefully you took a lot of notes, learned a whole bunch, and if you need to go re-listen to it, we dropped a lot of information right there today. Big success is what it's all about. And by the way, If you haven't subscribed, hit that subscribe button so you're here with us every single week on the Big Success Podcast. I'm Brad Sugars. That's BS. Big success is what we're shooting for. Check the show notes for all the links. Make sure you follow through. Keep learning. Keep coming back. Oh, and by the way, share this with any of your friends who you know are up for success. I'll see you next week on the Big Success Podcast.
7:58You've been listening to the Big Success Podcast with the number one business coach in the world, Brad Sugars. To learn more about how to achieve business and personal success, as well as how to level up or listen to past episodes, visit www.bradsugars.com.
From the publisher
In this episode, Big Success Podcast host Brad Sugars interviews sales expert Phil Hesketh, who shares his unique approach to winning clients and achieving continuous success in business. Phil discusses how he maintains client relationships by emphasizing genuine interest and a "show me you know me" approach, which he believes is essential for long-term success. He outlines his philosophy on influence, explaining that it’s about creating genuine connections rather than simply persuading others. Phil also dives into the seven psychological drivers that impact decision-making and how understanding these can elevate sales and client satisfaction
About Phil Hesketh:
Phil Hesketh is a renowned sales strategist and motivational speaker with over 20 years of experience in advertising and consulting. Known for his deep understanding of human behavior, Phil helps businesses grow by teaching effective sales techniques and strategies for fostering authentic client relationships. His "psychological drivers" approach to influence has made him a sought-after expert for companies aiming to improve their customer engagement and sales outcomes.
Learn more here: https://www.heskethtalking.com/
About Brad Sugars
Internationally known as one of the most influential entrepreneurs, Brad Sugars is a bestselling author, keynote speaker, and the #1 business coach in the world. Over the course of his 30-year career as an entrepreneur, Brad has become the CEO of 9+ companies and is the owner of the multimillion-dollar franchise ActionCOACH®. As a husband and father of five, Brad is equally as passionate about his family as he is about business. That’s why, Brad is a strong advocate for building a business that works without you – so you can spend more time doing what really matters to you. Over the years of starting, scaling and selling many businesses, Brad has earned his fair share of scars. Being an entrepreneur is not an easy road. But if you can learn from those who have gone before you, it becomes a lot easier than going at it alone.
Please click here to learn more about Brad Sugars: https://bradsugars.com/
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