Posts Tagged ‘partnerships’

Incongruities

Monday, September 14th, 2009

A dilemma…

…or an opportunity for enlightenment?

A friend was telling me of an opportunity that presented itself.  Someone, who had a lot of very attractive contacts, wanted to do some joint marketing.  My friend then said that his potential partner, at their first meeting, had launched into an hour-long presentation of what he did and how valuable it was.  My friend asked for my thoughts regarding this opportunity.

What would your response have been?  Should he pursue this opportunity?  Is further exploration warranted?  Or should he forego this opportunity?  Regardless of your response, I’d like you to take a moment to reflect on the rationale for whatever advice you would have offered.  What were your reasons for the conclusion you reached?

Here’s how I responded.  I told him that I didn’t feel like there was much promise in this potential partnership.  Why?  Because I saw incongruities in what my friend was being told.  First, his potential partner claimed to have a lot of very attractive contacts.  If he was that well connected and had that many people who valued his offerings, why would he need a partner to market his offerings?

Second, during the first meeting with my friend,  his potential partner did an information dump that indicated that he wasn’t very adept at sales.  All of the effective salespeople I know tantalize prospects and potential partners by offering glimpses of what they’re offering without divulging much about the offering itself.

Finally, the potential partner did little exploration of my friend’s background, skills, abilities, interests or results.  His focus was on convincing my friend that he would be a valuable partner.

What was the result?  My friend came back to me and said that my assessment was right on target.  During his second meeting with this potential partner he asked for examples of the results and successes the partner had achieved.  He asked about the strength of the potential partner’s relationships with his contacts.  Finally, he inquired about the potential partner’s knowledge of his business.What my friend’s inquiries uncovered was that his potential partner’s business was built on a very shaky structure.  Not one on which he wanted to invest a lot of time, energy or money.  He ended this partnership exploration after two meetings.

It’s counter-intuitive, but we can’t discover the truth in what we’re being told until we’ve investigated the incongruities.  In every misrepresentation, whether intentional or not, the truth can be found in the incongruities.  If you’re looking for a way to assess what you’re being told, compare the behaviors the other person is exhibiting against what you’re being told.  Then ask “Are this person’s words and behaviors aligned?”  If they are, you have good reason to move forward.  If not, the incongruities will lead you to the truth.  Once you’ve discovered the truth, you’ll know whether or not to proceed.

The 7 Steps to Becoming INVALUABLE program I offer is designed to help you see more effective ways of doing business – ways that dramatically improve your bottom line while making your life easier.  In today’s blog I used Step 4, See Similarities, to show that the absence of similarities between behavior and words is a cause for further investigation.  I also used Step 5, Contrarian Mindset, to demonstrate that incongruities should be a cause for celebration, not consternation – a source of truth, not a dilemma.  For more information on the 7 Steps to Becoming INVALUABLE visit www.furtwengler.com/7steps.htm.

If you’d like to receive a weekly email reminder with a link to The Invaluable Leader blog or if you’d like me to address specific topics, please send me an email at dale@furtwengler.comPlease share your experience with our readers by posting a comment.

Good news – My latest book, Pricing for Profit, was released 9.9.09 in the United States, Canada, U.K., Italy, France, Germany and the Netherlands.  It’s available in all the major bookstores – Borders, Barnes and Noble and Amazon.