In short
Podcast Notes: Young and Profiting with Hala Taha - Episode with Bob Burg
Overview Podcast Title: Young and Profiting with Hala Taha Episode Title: Bob Burg on Closing More Deals with the Go-Giver Sales Strategy Episode Description: In this episode, Bob Burg discusses his unique sales philosophy rooted in giving rather than taking, introducing the Five Laws of Stratospheric Success and the differences between influence, persuasion, and manipulation.
Episode Highlights
- Introduction (00:00)
- Discussion about Bob Burg's transformative approach to sales.
- Career Journey of Bob Burg (00:57)
- Transition from broadcasting to sales without formal training.
- Discovery of personal development through sales books.
- Power of Books in Personal Development (03:17)
- Books as a high-return investment for learning and growth.
- Emphasis on applying learnings from sales literature.
- Understanding the Go-Giver Philosophy (05:00)
- Shift focus from 'getting' to 'giving' in business.
- Importance of providing immense value to others.
The Five Laws of Stratospheric Success (07:36)
- Law of Value
- Provide more value in service than what you receive in payment.
- Create a delightful experience for clients leading to higher satisfaction.
- Law of Compensation
- Your income is determined by how many lives you impact and how well.
- The broader the reach of your service, the greater the potential income.
- Law of Influence
- Your influence is measured by how well you prioritize others’ interests.
- Building trust and relationships is key to gaining referrals.
- Law of Authenticity
- The most valuable asset you can offer is your authentic self.
- Authenticity builds trust and fosters strong relationships.
- Law of Receptivity
- Effective giving requires being open to receiving.
- Understand that giving and receiving are interconnected.
Influence vs. Persuasion vs. Manipulation (17:45)
- Influence: Positive action aimed at mutual benefit.
- Persuasion: Guiding someone to a desired action while enhancing their self-esteem.
- Manipulation: Seeking control without considering the other party's well-being, often leading to a win-lose outcome.
Importance of Authenticity and Receptivity (22:32)
- Authenticity is key to forming genuine connections.
- Emphasizing that receiving should be as natural as giving.
Key Takeaways
- The Go-Giver philosophy centers on giving value rather than focusing solely on sales.
- Building trust through authenticity creates lasting relationships and effective referrals.
- To succeed in sales, prioritize understanding others' needs and interests above your own.
- Happiness and fulfillment in business stem from being congruent with one’s values.
Closing Remarks
- Bob Burg encourages listeners to embody the principles of the Go-Giver to not only succeed in business but also lead a more fulfilling life.
- For more about Bob Burg and his work, visit [burg.com](https://www.burg.com).
Additional Information
- Sponsored By:
- RobinHood, Indeed, Shopify, Microsoft Teams, Mercury, Open Phone, LinkedIn Marketing Solutions, Bilt Rewards, Airbnb.
- Connect with Young and Profiting:
- [Instagram](https://instagram.com/yapwithhala/)
- [YouTube](https://youtube.com/c/YoungandProfiting)
- [LinkedIn](https://linkedin.com/in/htaha/)
This episode offers valuable insights into effective sales strategies that prioritize relationships and value, making it a must-listen for entrepreneurs and sales professionals alike!
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:00Today's episode is sponsored in part by Shopify Indeed Intuit Framework Quo, Working Genius, Spectrum Business, and Northwest Registered Agent. Shopify is the global commerce platform that helps you grow your business. Start a$1 per month trial period at shopify.com slash profiting. Attract, interview, and hire all in one place with Indeed. Get a$75 sponsored job credit to boost your job's visibility at indeed.com slash profiting. Start the new year strong. Take control of your cash flow with QuickBooks Money Tools. Learn more at quickbooks.com slash money. Publish beautiful and production-ready websites with Framer.
0:33Get started building for free today at framer.com slash profiting for 30 % off a Framer Pro annual plan. Quo is the smarter way to run your business communications. Try Quo for free, plus get 20 % off your first six months when you go to quo.com slash profiting. Working Genius helps you fill gaps in your organization. Take the Working Genius assessment and get 20 % off with code profiting at workinggenius.com. Keep your business connected with fast and reliable internet, phone, TV, and mobile services from Spectrum Business. Visit spectrum.com slash free for life to learn how you can get business internet free forever.
1:06Northwest Registered Agent gives you the tools and guidance you need to build a complete business identity. Visit northwestregisteredagent.com slash the app free and start building something amazing. As always, you can find all of our incredible deals in the show notes or at youngandprofiting.com slash deals.
1:34What's up, Yap fam? What if I told you everything you've been taught about sales is backwards? What if the key to closing more deals was to stop trying to close and start giving instead? In this Yap Classic episode, which first aired in 2022, I spoke with Bob Berg, host of the Go-Giver podcast, about a radically different approach to sales, one that's not about pressure or persuasion, but about value, service, and authenticity. In our conversation, he breaks down the five laws of stratospheric success, the most common mistakes salespeople make, and how to build real trust and connection with every prospect that you meet.
2:11Are you a go-giver when it comes to persuading and influencing others? Stick around and find out.
2:20Hey, Bob, welcome to Young and Profiting Podcast. So happy to have you here. Hey, thank you, Holla. Great to be here. Yeah, likewise. before we get into all that good stuff and the meat and potatoes of the interview, I do want to talk to you about your career path. Similar to me, you started in radio. So I started my career at Hot 97 and then kind of evolved from there. So I'd love to hear about your broadcasting background and how you ended up, you know, becoming such a popular writer. Just began as a sportscaster for a local radio station where I grew up, got into TV. I was the late night news guy for a very small ABC affiliate in the Midwestern United States.
3:00I wasn't very good at it, though. I was, yeah, I could read the news. Anyone can do that. But I certainly wasn't a journalist. And so it wasn't long before I graduated into sales. And I stumbled and floundered for the first few months because I had no formal sales training. And the company I was with apparently didn't either. So I was sort of left on my own. Fortunately, after a few months, I was a bookstore and I saw there were a couple of books on sales, which doesn't seem like a big deal right now, but that was 40 years ago. And sales books were just, they simply were not as prolific as they are now.
3:33So I didn't even know such a thing existed. So when I saw them, I picked them up, bought them, brought them home. And every night I'd come home after work and I would study into the wee hours of the morning. And within a few weeks of applying the information, my sales began to go through the roof. And it was really a great experience for me. From there, I started to really get into the personal development aspect because I quickly learned that sales was really about building yourself on the inside, right? And that that success manifested outwardly, but it really was what you put into your mind and took into your heart.
4:09So I started getting all the, you know, the classics of personal development from Dale Carnegie's How to Win Friends and Influence People to Think and Grow Rich to the Magic of Thinking Big and Psycho-Cybernetics and As a Man Thinketh and Ogmandino's books and all the great books. And I just, I became a, I guess, an internal library. And, you know, so I really enjoyed it and eventually worked my way up to sales manager of a company. And people began to ask me to show their sales team what was working for me and eventually just morphed into a speaking business. I love the fact that you brought up that you've read so many books.
4:43I interviewed Stephen Kotler pretty recently, and he told me that books have the best ROI on your time. And you can literally time arbitrage with books because these authors are spending years of their lives researching and pouring out their expertise that might have taken a decade to acquire. And then you get to read that book in just a few hours and absorb all that information. Exactly. And, you know, I think when you, and there are different types of books. There are the books that really you're just developing yourself personally and professionally. And then there are the how-to books and they can provide in such as the ones I purchased and they were by Zig Ziglar and Tom Hopkins, the two that I purchased when I first saw them.
5:25They were roadmaps for me. They told me how to do what I needed to do. It was really, it was a methodology. It was a system. And to this day, I personally define a system as the process of predictably achieving a goal based on a logical and specific set of how-to principles, the key being predictability, right? If it's been documented that by doing A, you can get the desired results of B, then you know all you need to do is A and continue to do A and continue to do A, and eventually you'll get the desired results of B. So, yeah, absolutely. And you think about how many years Mr. Hopkins and Mr.
6:04Ziegler spent learning their craft. And then, as you said, they put it into book form and I got to read it within a few hours and you apply the information. So, yeah, I think you really hit it right on the head. So I know we don't have that much time together. So I do want to get into the bulk of the interview and really understand what a go-giver is. So go-giver is a very popular book series that you wrote with your co-author. And there's four books in that series. I think it's sales, leadership, influence, and then the original. And let's just understand what a go-giver is. I guess it's the difference and the difference between a go-getter and a go-giver.
6:43Well, kind of. Let's look at that. So the basic premise of the go-giver is simply this, that shifting your focus, and this is really where it all begins, shifting your focus from getting to giving. Now, when we say giving in this context, we simply mean constantly and consistently providing immense value to others, understanding that doing so is not only a more fulfilling way of conducting business, it's the most financially profitable way as well. And not for any way out there, woo-woo type of magical, mystical reasons. It makes very logical, very rational sense. When you're that person, Hala, who can take your focus off yourself and place it on serving others, on discovering what they need, what they want, what they desire, focusing on helping them solve their challenge and problems, taking your focus off of yourself and making it about helping to bring them closer to happiness, people feel good about you.
7:40People want to get to know you. They like you. They trust you. They want to be part of your life, part of your business. They want to tell others about you. Now, we would say in terms of go-giver and go-getter, it always depends upon how you define terms, okay? So what we like to say is we love go-getters because go-getters are people of action. You're a go-getter as well as a go-giver. You're a person of action, right? You started in radio. You had your blog that you had. You led a whole group of teams. As that died down, now you went into something. You're a go-getter, but you're always providing value to others.
8:14You're a go-giver. And so we like people to be both go-getters, people of action, and go-givers, people who are absolutely focused on providing immense value to others. others. We would say the opposite of a go-giver is a go-taker. And that's that person who feels almost entitled, if you will, to take, take, take without having added value to the person, to the process, to the situation. And they tend to be frustrated because they rarely have the kind of sustainable success that they believe they have. I love that. Go-takers. I think that's really interesting. And I can't wait to get into manipulation later on.
8:55And I think that really ties nicely with manipulation as well. But before we get into that, even though influence, persuasion, manipulation is literally my favorite topic to talk about. Let's talk about your five laws for success that you talk about in GoGiver. What are those five laws at a high level? Okay. So they're the laws of value, compensation, influence, authenticity, and receptivity. The law value is all about making the experience so wonderful for the prospective customer and client and eventual customer and client that aside from just the intrinsic value of your product or service, it's the excellence, it's the consistency, it's the empathy, it's the attention, it's the gratitude, it's everything you put into the entire experience that makes it so worthwhile for them that they feel as though they're receiving much more in value than what they're paying.
9:48And they do, while you also make a very healthy profit. In any free market-based exchange, there should always be two profits, the buyer profits and the seller profits, because each of them come away much better off afterwards than they were beforehand.
10:05At Yap, we have a super unique company culture. We're all about obsessive excellence. We even call ourselves scrappy hustlers. And I'm really picky when it comes to my employees. My team is growing every day. We're 60 people all over the world. And when it comes to hiring, I no longer feel overwhelmed by finding that perfect candidate, even though I'm so picky. Because when it comes to hiring, Indeed is all you need. Stop struggling to get your job post noticed. Indeed's sponsored jobs help you stand out and hire fast by boosting your post to the top relevant candidates. Sponsored jobs on Indeed get 45 % more applications than non-sponsored ones, according to Indeed data worldwide.
10:41I'm so glad I found Indeed when I did because hiring is so much easier now. In fact, in the minute we've been talking, 23 hires were made on Indeed according to Indeed data worldwide. Plus, there's no subscriptions or long-term contracts. You literally just pay for your results. You pay for the people that you hire. There's no need to wait any longer. Speed up your hiring right now with Indeed. And listeners of this show will get a$75 sponsored job credit to get your jobs more visibility at Indeed.com slash profiting. Just go to Indeed.com slash profiting right now and support our show by saying you heard about Indeed on this podcast.
11:12Indeed.com slash profiting. Terms and conditions apply. Hiring, indeed, is all you need.
11:20What's up, Yap Gang? If you're a serious entrepreneur like me, you know your website is one of the first touch points every single cold customer has with your brand. Think about that for a second. When people are searching on Google, everybody who interacts with your brand first is seeing your dot com initially. But here's the problem. Too many companies treat their website like a formality instead of the gross tool that it should be. At Yap Media, we are guilty of this. I am really due for an upgrade from my website, and I'm planning on doing that with Framer this year. Because small changes can take days with my other platform, and simple updates require tickets.
11:54And suddenly, we're just leaving so much opportunity on the table. And that's why so many teams, including mine, are turning to Framer. It's built for teams who refuse to let their website slow them down. Your designers and marketers get full ownership with real-time collaboration, everything you need for SEO and analytics with integrated A-B testing. I love that. I love testing and making sure that we've got the best performing assets on the page. You make a change, hit publish, and it's live in seconds. Whether you're launching a new site, testing landing pages, or migrating your full.com, Framer makes going from idea to live site fast and simple.
12:29Learn how you can get more out of your.com from a Framer specialist, or get started building for free today at framer.com slash profiting for 30 % off a Framer Pro annual plan. That's 30 % off in 2026. Again, that's framer.com slash profiting for 30 % off framer.com slash profiting. Rules and restrictions apply.
12:52Hello, young and profiters. Running my own business has been one of the most rewarding things I've ever done, but I won't lie to you. In those early days of setting it up, I feel like I was jumping on a cliff with no parachute. I'm not really good at that kind of stuff. I'm really good at marketing, sales, growing a business, offers, but I had so many questions and zero idea where to find the answers when it came to starting an official business. I wish I had known about Northwest Registered Agent back when I was starting Yap Media. And if you're an entrepreneur, you need to know what Northwest Registered Agent is.
13:22They've been helping small business owners launch and grow businesses for nearly 30 years. They literally make life easy for entrepreneurs. They don't just help you form your business. They give you the free tools you need after you form it, like operating agreements and thousands of how-to guides that explain the complicated ins and outs of running a business. And guys, it can get really complicated, but Northwest Registered Agent just makes it all easy and breaks it down for you. So when you want more for your business, more privacy, more guidance, more free resources, Northwest Registered Agent is where you should go.
13:55Don't wait and protect your privacy. build your brand and get your complete business identity in just 10 clicks and 10 minutes. Visit NorthwestRegisteredAgent.com slash yapfree and start building something amazing. Get more with Northwest Registered Agent at NorthwestRegisteredAgent.com slash yapfree. So basically what you're saying is we need to provide more value than just what we're getting paid for, if I understand correctly. So how do you, like, give us some examples, some concrete examples. How can you have an engagement with someone they're paying you? Give us examples of providing more than what they're paying you for and going and providing that extra value that they'll remember you for.
14:34Okay. So let's say you hire an accountant to do your taxes and she charges you, we'll just name a round figure, a thousand dollars. That's her fee or her price. Okay. A thousand dollars. But what value does she give you in exchange that is so immense. First, through her experience, her knowledge, her wisdom, her desire to find out about you and what you're looking to accomplish. She gets to know your business, okay? She's able to save you$5 ,000 in taxes. She also saves you countless hours of time. She also provides you and your family with the security and the peace of mind of knowing what was done correctly, Right.
15:16So she's just given you well over five thousand dollars in value in exchange for a thousand dollar payment of price. So you feel great about it. But she also made a very healthy profit because it's worth her time. It's worth her while. OK. To sell or lease her time, her energy, her expertise, her caring, her. You know what I'm saying? Yeah, totally. And so both of you come away much better off afterwards. Awesome. Okay, law of compensation. Okay, so this says that your income is determined by how many people you serve as well as how well you serve them. So where law number one says give more in value than you take in payment, law number two tells us that the more people whose lives you touch with the exceptional value you provide, the more money with which you'll be rewarded.
16:08Nicole Martin, the CEO in that part of the story, told Joe, the protege, that law number one, the law of value represents your potential income. But it's law number two, the number of lives you impact that represent your actual income. So we could say exceptional value plus significant reach equals very high compensation. Got it. So my question for this law is really about referrals, because if we want to expand our sphere of people that we help, I think the best way to do it is through referrals. And you are the guru when it comes to getting referrals. So tell us about some key strategies. And I know we've got to be a little bit quick, but like what are your best strategies for getting referrals?
16:53Well, it's building the relationship. You know, one of the things that I said, the premise of endless referrals and something that was in The Go-Giver was that all things being equal, people will do business with and refer business to those people they know, like, and trust. So this is really where law number three of The Go-Giver comes into play, right? The law of influence. Your influence is determined by how abundantly you place other people's interests first, which isn't to say in any way that you should be anyone's doormat or a martyr or self-sacrificial. It's just that when you look at the all things being equal, the know, like, and trust, what do we see?
17:29That placing that other person's interest first, okay, that is the way to develop that know, like, and trust toward you in others. And that's how referrals will happen because you're developing, you're creating these great relationships with people. The way you begin doing it is from that very first conversation to make it not about you but about them. It's asking them questions about themselves and their business, not in a prospect-y type of way, just in a way that creates a relationship. It's asking them how they got started in their business and what they enjoy most about it. It's asking that person what I call the one key question that will distinguish you from the rest, which is, how can I know if someone I'm speaking with is a good customer for you?
18:16Which totally reframes everything from being the typical, I'm out there trying to give my elevator speech and sell you my product or service the first time I meet you to, I want to know how to help you. I want to know how to serve you. I want to know how to bring value to you. And it's the same whether you're in person or online. You know, you're really a LinkedIn expert. You're someone who's so lit. You have such a huge audience on LinkedIn. And how many times do you see when someone sends you a connection request? What's the first thing they do after you connect? They send you a sales thing, right, to buy from them.
18:53Well, are you going to create a relationship with that person? Probably not. But it's probably the person who's asking themselves a question, hmm, how do I add value to Hala's life, to her business? How can I comment on one of her posts or one of her interviews? You know, how can I share something that's going to bring her value? How can I get to know her in a way that she sees that my focus is on, right? And that's how we start the referral process. Now, there's certain questions we can ask once the know, like, and trust is there to create the context where the person is probably going to give us great referrals.
19:31But it always begins with the relationship. I'm going to have to have you back on to just talk about referrals at some point. We can do 30 minutes just on that. I know, for real. So, okay, so let's go on to, I think we got to law, we're at the law of influence. We kind of did law of influence. We did that within that. So we sort of snuck that in a little bit because it's, again, it's placing the other person's interest first, not in a self-sacrificial way, but in a way that benefits everyone concerned. So I do want to dive a little deeper on this influence topic because I heard you saying something on another interview and I loved it.
20:09And that's the fact that when you're a true person of influence, you're not pushing, you're pulling. Talk to us about that because I think that's really powerful. Sure. So if we ask what influence is, because remember, you know, the word influence has been thrown around so much now that people have lots of different definitions for it. And so I think if we look at it first on a very basic level, influence can be defined simply as the ability to move a person or persons to a desired action, usually within the context of a specific goal. That's the definition, but it's not its essence. Because the essence of influence, as you said, is pull as opposed to push.
20:51How far can you push a rope? Well, at least not very fast or very effectively, which is why great influencers don't push. They don't push their will on others. They don't push their ideas on others. They're not pushy, right? You never hear someone say, wow, that David or that Mary, she is so influential. She has a lot of push with people. No, Mary's influential. She has a lot of pull with people. So how does that pull manifest itself? Well, again, this is that law of influence. It goes back to placing the other person's interest first. The genuine influencer asks themselves questions to make sure they're facing the right way.
21:34See, I believe that we need to be internally motivated, but outwardly focused. because remember, people don't do things for our reasons. They do it for their reasons. I often, when I speak at sales conferences, I'll often say, nobody's going to buy from you because you have a quota to meet, right? They're not going to buy from you because you need the money or even because you're a really nice person. They're going to buy from you because they believe they'll be better off by doing so than by not doing so, which is the only reason we could ever expect or should ever expect anyone to buy from us.
22:08So the genuine influencer asks questions of themselves to make sure they're outwardly focused. For example, how does what I'm asking this person to do, how does it align with their goals, with their needs, with their wants, with their desires? How does what I want this other person to do, how does it align with their values? What problems am I helping them to solve? How am I helping them to get to a direction or get to a place where they want to be? Now, when we ask ourselves these questions thoughtfully, intelligently, genuinely, authentically, not as a way to manipulate another human being into doing our will, but as a way of building everyone in the process, now we've come a lot closer to earning that person's commitment, right, as opposed to trying to depend on some type of compliance or push.
23:08The other thing I really want to cover for my listeners is the difference between influence, persuasion, and manipulation because I think they're all slightly different and I think it will help us understand, you know, where on the spectrum we want to be. Sure. So if influence is a matter of being able to move a person to a desired action, okay, there are two ways to influence. You could do it through persuading another human being, or you could do it through manipulating another human being. One's positive, one's negative, right? Now, the interesting thing is both persuaders and manipulators understand human nature.
23:50They understand what motivates people. They understand how to move people to action. In a sense, you could say persuasion and manipulation are cousins. Now, one's the good cousin, persuasion, and one's the evil cousin, manipulation. If we want to describe manipulation, I think the person who described it best was a guy by the name of Paul W. Sweats, who wrote a book published in 1987 called The Art of Talking So That People Will Listen, which was really more about listening than it was about talking, but that was the title. It was a wonderful book. And in it he said, manipulation aims at control, not cooperation.
Read the full transcript
24:27It does not consider the good of the other party, and it results in a win-lose situation. Now, in direct contrast to the manipulator, the persuader always seeks to enhance the self-esteem, or I would say the position, of the other party. People respond better because they're treated as responsible, response-able, self-directing individuals. So it begins really with intent, though that's not where it ends. But here's the thing. See, a manipulator may not be trying to necessarily hurt the other person, but if that's what it takes to get their way, they'll do so because it's all about them and their needs.
25:12With a persuader, that can never happen. because for a persuader to be happy with the situation and with themselves, they have to know that not only has the other person benefited, but that the other person feels good about the situation.
25:30What's up, young and profiters? I remember when I first started Yap, I used to dread missing important calls. I remember I lost a huge potential partnership because the follow-up thread got completely lost in my messy communication system. Well, this year, I'm focused on not missing any opportunities. And that starts with your business communications. A missed call is money and growth out the door. That's why today's episode is brought to you by Quo, spelled Q-U-O, the smarter way to run your business communications. Quo is the number one rated business phone system on G2, and it works right from an app on your phone or computer.
26:03The way Quo works is magic for team alignment. Your whole team can handle calls and texts from one shared number, and everyone sees the full conversation. It's like having access to a shared email inbox, but on a phone. And also Quo's AI can even qualify leads or respond after hours, ensuring your business stays responsive, even when you finally logged off. It makes doing business so much easier. Make this the year where no opportunity and no customer slips away. Try Quo for free, plus get 20 % off your first six months when you go to Quo.com slash profiting. That's Q-U-O dot com slash profiting.
26:36Quo. No missed calls, no missed customers.
26:42Hello, Yap Gang. I know my young and profiting listeners want bigger businesses and a better life. And the new year is the perfect moment to reset and commit to your growth. But let's be real, you can't build an empire if your finances are all over the place. That's why getting into it QuickBooks is one of the best first moves you can make this year. They've got powerful money management tools built right into their platform and they have them for every stage of your business, whether you're a solopreneur or a small business. And I love that QuickBooks helps you get paid faster, pay bills smarter, and even gives you access to funding when opportunity pops up.
27:17So QuickBooks can help you with bookkeeping, can help you with getting paid, can even help you with projections and understanding where your business is at financially. Plus, QuickBooks Money Solutions reduces manual work by half and keeps your money and your books perfectly synced. That means less time staring at spreadsheets and more time actually building the vision that you started with. That's the upgrade that every profiting entrepreneur needs. Start the new year strong, take control of your cash flow with QuickBooks Money Tools. Learn more at quickbooks.com slash money. Again, that's quickbooks.com slash money.
27:48Terms apply. Money movement services are provided by Intuit Payments Incorporated, licensed as a money transmitter by the New York State Department of Financial Services.
27:59Hey, young and profiters. As an entrepreneur, I know firsthand that getting a huge expense off your books is the best possible feeling. It gives you peace of mind and it lets you focus on the big picture and invest in other things that move your business forward. Now imagine if you got free business internet for life. You never had to pay for business internet again. How good would that feel? Well, now you don't even have to imagine because Spectrum Business is doing exactly that. They get it that if you aren't connected, you can't make transactions, you can't move your business forward. They support all types of businesses from restaurants to dry cleaners to content creators like me and everybody in between.
28:33They offer things like internet, advanced Wi-Fi, phone, TV, and mobile services. Now, for my business-owning friends out there, I want you to listen up. If you want reliable internet connection with no contracts and no added fees, Spectrum is now offering free business internet advantage forever when you simply add four or more mobile lines. This isn't just a deal. It's a smart way to cut your monthly overhead and stay connected. Yeah, fam, you should definitely take advantage of this offer. It's free business internet forever. Over, visit spectrum.com slash free for life to learn how you can get business internet free forever.
29:07Restrictions apply. Services not available in all areas. Okay, so my last question on influence is really about the fact that people love to be the ones making their own decisions, and they want to make their own decisions. So tell us about the law of the back door. I thought this was really interesting. Well, thank you. Yes, autonomy is a key aspect of human nature. People want to feel they're in control of their own lives, okay? An out or a backdoor is an emotional escape hatch you give someone so that they never feel as though they're back into a corner, okay? Okay, so Berg's law of the out or backdoor simply says the bigger the out or backdoor you give someone to take, the less they'll feel the need to take it.
29:58So you don't necessarily give them that out so that they'll take it, although if they think they should, they will, which that would make sense. But no, you do it so that they feel comfortable enough with you and the situation that they don't feel pressured and they don't feel the need to take that out or backdoor. So even saying something, let's say you have a prospect, a sales prospect, and you're in front of that person and they kind of come to the table kind of defensive and it's, well, don't think I'm going to buy anything necessarily from you. I'm not some easy sell. Why did they fit? But who knows what their experience has been.
30:34We never know what someone's experience is. Maybe somebody took advantage of them or maybe they really are someone who doesn't trust themselves to make the sale. I don't know. But what we can do is reframe this using the out or backdoor. So it might be something like, you know, Susan, while we've been fortunate to be able to help a lot of people with this product, whether or not it's the right fit for you, we simply can't know without exploring deeper and both of us discovering that. So please know that this conversation is for both of us to determine whether this would be right for you. And if it is, great.
31:09If not, that's okay, too. And I bet you you could even do that in a simpler manner. Like if you just want to hop on a call with someone, you could be like, hey, you're probably slammed this Friday. But if you have time, would you be able to hop on a call? Like, does it work in? Yeah, it even works in simple situations like that. Very, very much. OK, so I know we have two more laws that we didn't cover. And so I just want to make sure my listeners understand them at least at a high level. So I believe it's the law of. Yep, go ahead. A most valuable gift you have to offer is yourself. And in this law, Deborah, who was the mentor in this part of the story, explained that all the skills in the world, the sales skills, technical skills, people skills, as important as they are, and they are all very important, they're also all for naught if you don't come at it from your true authentic core.
32:00But when you do, when you show up as yourself, day after day, week after week, month after month, people feel good about you. People feel comfortable with you. They feel safe with you. And why not? They know who it is they're getting. So authenticity is a very powerful part of building trust. Now, I think, you know, today, authenticity, just like influence, it's a word that gets bandied about so much. I think people kind of confuse aspects of it. I think, you know, a lot of people, I believe, think authenticity means you have no boundaries. Say whatever you want. Do whatever you want. This is how I am.
32:38Take it or leave it. Which, by the way, good philosophy if you want no happy relationships and you don't feel like being successful in business. Then it's a good philosophy. But otherwise, no, it's really not. Authenticity does not mean you have no boundaries. Authenticity simply means you act congruently with your values, okay? It should never be used as an excuse for staying where you are. It's like the person who says, well, I have anger issues and I yell at people a lot and I yell at people a lot. And if I were to act any differently, that wouldn't be authentic of me. That's baloney. That's hogwash.
33:11It simply means that person has an authentic problem that that person needs to authentically work on in order to become a better, more effective, higher version of their authentic selves. Got it. And so thank you so much for explaining that. And then your last law. Yeah, the law of receptivity says the key to effective giving is to stay open to receiving. This means nothing more than understanding that, yeah, you breathe out. You also have to breathe in. It's not one or the other. It's both. Breathe out carbon dioxide. You breathe in oxygen. You breathe out, which is giving. You breathe in, which is receiving.
33:54Giving and receiving, despite the many anti-prosperity messages we receive from the world around us, which is really a shame, despite that, giving and receiving are not opposite concepts. They're simply two sides of the very same coin, and they work in tandem. The key is that you focus on the giving and you allow the receiving, which is why John David Mann and I say that money is simply an echo of value. So you focus on the giving and when you do this and you create such wonderful value for others, you've created that benevolent context for success and then you allow yourself to receive as a natural result of the value you've given.
34:39I think that's a really important point. A lot of people kind of block themselves off from receiving all the good that they put out for themselves. So I totally agree there. So the last question that I ask all my guests is, what is your secret to profiting in life? I think it goes back to a definition, as you can tell. So many things go back to definitions, right? And I think it's when we, you know, we talked about authenticity, acting congruently with your values. I think happiness, which is really what it's all about. When you think about it, the end of our life, what is it? It's how happy we were, right?
35:10I personally define happiness as an ongoing and genuine feeling of joy and peace of mind, the result of living congruently with one's values. So I think that with everything we do, if we're able to check on this, is what I'm about to do congruent with my values, congruent with the person who I believe I am and or want to become, then I think we create that context for happiness, which doesn't mean life is, you know, rainbows and unicorns either. Life is life, okay? But it means that we have that ongoing sense of happiness. Makes sense. Thank you so much, Bob. This was such a wonderful conversation.
35:54Where can our listeners go to learn everything about you and what you do? Best place is Berg, B-U-R-G.com. Awesome. Thank you so much. My pleasure. Thank you.
From the publisher
Sales can feel like a grind, but Bob Burg proves it doesn’t have to be. By rethinking traditional selling, shifting to value selling, and mastering persuasion in both ecommerce and relationship-based environments, Bob developed a counterintuitive approach that transformed his life and career. He began in broadcasting, but soon realized his true calling was in helping others thrive through a giving-centered business mindset. In this episode, Bob reveals his powerful Five Laws of Stratospheric Success, the key to becoming a “go-giver,” along with powerful insights on authentic influence, building referrals, and mastering the art of pull—not push.
In this episode, Hala and Bob will discuss:
(00:00) Introduction
(00:57) Bob Berg's Career Journey
(03:17) The Power of Books in Personal Development
(05:00) Understanding the Go-Giver Philosophy
(07:36) The Five Laws of Stratospheric Success
(17:45) Influence vs. Persuasion vs. Manipulation
(22:32) The Importance of Authenticity and Receptivity
Bob Burg is a bestselling author, motivational speaker, and co-creator of the Go-Giver book series, which has sold over one million copies and been translated into 30 languages. Named one of the 30 Most Influential Leaders by the American Management Association, Bob’s work has transformed how professionals approach sales, communication, and leadership. His perspective is essential for anyone looking to grow a business by building genuine connections, offering unmatched value, and leading with integrity.
Sponsored By:
RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold
Indeed - Get a $75 sponsored job credit at indeed.com/profiting
Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify
Microsoft Teams - Stop paying for tools. Get everything you need, for free at aka.ms/profiting
Mercury - Streamline your banking and finances in one place. Learn more at mercury.com/profiting
Open Phone - Streamline and scale your customer communications with OpenPhone. Get 20% off your first 6 months at openphone.com/profiting
LinkedIn Marketing Solutions - Get a $100 credit on your next campaign at linkedin.com/profiting
Bilt Rewards - Start paying rent through Bilt and take advantage of your Neighborhood Benefits™ by going to joinbilt.com/PROFITING.
Airbnb - Find yourself a co-host at airbnb.com/host
Active Deals - youngandprofiting.com/deals
Key YAP Links
Reviews - ratethispodcast.com/yap
Youtube - youtube.com/c/YoungandProfiting
LinkedIn - linkedin.com/in/htaha/
Instagram - instagram.com/yapwithhala/
Social + Podcast Services - yapmedia.com
Transcripts - youngandprofiting.com/episodes-new
Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset, Selling, Online Selling, Sales, Economics, E-commerce, Ecommerce, Negotiation, Prospecting, Persuasion, Inbound, Value Selling, Account Management, Sales Strategies, Business Growth, Scale, Scaling, Sales podcast




