In business.
Speaker:One of the easiest ways, to get new business is by referrals.
Speaker:I love them when they come.
Speaker:How do you get more of these, and why are they so important?
Speaker:All great questions.
Speaker:We are talking about referrals today because within my Thriving women
Speaker:community, they asked me to present them in the resource that would help them
Speaker:get better at referrals.
Speaker:And so within the thriving women community, when they ask for things and
Speaker:it makes sense and I know it's gonna move the dial in their business, we deliver.
Speaker:you're curious about thriving women community, there is
Speaker:a link in the show notes.
Speaker:Go check that out.
Speaker:not her real name.
Speaker:Anyway, Shauna runs a $1.8 million business and Shauna.
Speaker:never done a sales call in her life.
Speaker:it pains
Speaker:all about sales and I'm all about results.
Speaker:But what Shauna has done is something very strategic.
Speaker:She has corralled her advocates, her fans, about 10 of them, she's calling
Speaker:them her board of directors, and she catches up with them frequently.
Speaker:That is her sales plan.
Speaker:They connect, they catch up, they talk about what each other's doing, and
Speaker:they send referrals to each other.
Speaker:is it.
Speaker:She has a very successful business.
Speaker:Based on that, I don't think we are meant to be in business solo.
Speaker:Lonely all the time.
Speaker:think as human beings, we are made to be in community with other people, with
Speaker:people who can lift you up, cheerlead you, strengthen your own work advocate
Speaker:and referers aren't just the connections, they're champions of your work.
Speaker:They see the value that you bring and they bring meaningful
Speaker:relationships into your life.
Speaker:If they know exactly what you do.
Speaker:You need to set your furs up for success.
Speaker:I want you to have a beautiful, engaged network of people who support your
Speaker:growth, who bring you opportunities, who introduce you to other people,
Speaker:and And I want you to feel confident that your referrals will keep flowing.
Speaker:But it's not by luck.
Speaker:It's through the strength of relationships.
Speaker:And so I'm gonna ask you a couple of questions about your
Speaker:referral network and what you're actually doing to nurture that.
Speaker:You see, I send a lot of referrals out into the universe.
Speaker:Sometimes I get looped back in about what's happened.
Speaker:Sometimes I hear nothing, sometimes there's great gratitude
Speaker:for each of those referrals.
Speaker:It's important to be grateful when people are referred to you.
Speaker:It's important for you to be clear when you refer others in
Speaker:about what it is that you'd like.
Speaker:There's nothing worse that when I send a client over to a referral and I hear
Speaker:nothing, then the client says, oh yeah, we started working together three months ago.
Speaker:Would it be nice to know that?
Speaker:Like, close your loop.
Speaker:Be professional, right?
Speaker:If someone's handing you referrals, make sure you're closing the loop, please.
Speaker:Top referrers are absolutely invaluable in your business.
Speaker:They are the champions who advocate for you.
Speaker:They introduce you to potential clients.
Speaker:they help you grow.
Speaker:They help you with.
Speaker:Business growth.
Speaker:a strong referral network can open doors in media in speaking all the things,
Speaker:But it doesn't happen on autopilot.
Speaker:You actually need to understand and plan for your relationships,
Speaker:your referral relationships.
Speaker:Right.
Speaker:What we know about research is that.
Speaker:The research consistently shows that referred customers tend to be more
Speaker:loyal and have a higher lifetime value.
Speaker:According to Nelson, or Nielsen, 92% of consumers trust recommendations
Speaker:from people they know more than any other form of advertising.
Speaker:Additionally, a study from the Wharton School of Business found that referred
Speaker:customers are 18% more likely to stay with the company long term.
Speaker:It is really worth getting this sorted.
Speaker:And you need a plan.
Speaker:You need a plan to make sure that you are nurturing your referral network.
Speaker:Now, you might say to me, "I don't have any referrers." I don't
Speaker:think that that would be What we actually need to do is Step one:
Speaker:identify your key referrers just.
Speaker:Make a list for me while you're listening to me.
Speaker:Make a list of the top 10 people who consistently send you work.
Speaker:It might be just be small bits, it might be conversations.
Speaker:And if you don't know, you've got some work to do, my friend.
Speaker:Because when someone gets on a call with you, you should be saying to
Speaker:them, how did you find out about us?
Speaker:I'm nine years in and I still say, how did you find out about us?
Speaker:More recently, I have had a. Random things like, oh, chat, GPT told me to call you.
Speaker:I'm like, oh, that's so random.
Speaker:Okay, cool.
Speaker:Thank you.
Speaker:Chat.
Speaker:I'm not sure how you would reward a referer like chat GPT, but
Speaker:anyway, don't worry about that.
Speaker:So what I want you to do is I want you to go right, who am I?
Speaker:The top 10 people who consistently send me work?
Speaker:And if you don't know, go to your current clients and say how did you find me?
Speaker:How did you find me?
Speaker:What does it look like?
Speaker:You need to note what their businesses are and you need to
Speaker:note why they're referring you.
Speaker:It's really important to understand who your top 10 referrers are.
Speaker:Of course you can extrapolate this out, but let's just start with 10
Speaker:to keep it super simple, right?
Speaker:You need to then figure out what type of referrals do they usually send?
Speaker:Are they good?
Speaker:Are they bad?
Speaker:Because sometimes they're not very good and they're not very good because
Speaker:people don't really know what you do.
Speaker:They just know you're a nice person, so therefore you just have
Speaker:to do a little bit more education.
Speaker:What is it that you know about their business and their personal interests?
Speaker:If someone is referring work to you and you are not referring, work
Speaker:back to them, that's not very fair.
Speaker:Let's make it win-win, right?
Speaker:How do you be a really good referrer and accept really good referrals?
Speaker:So step two, we wanna set up a system.
Speaker:We need a system for this, right?
Speaker:It's either a simple spreadsheet.
Speaker:kind of CRM that you've got, but we need to track where your referrals come from.
Speaker:There are so many people who go, oh yeah, I dunno where they came from.
Speaker:Well find out, find out where they came from because then you can go
Speaker:back and one, show some gratitude and thank the person that sent them.
Speaker:And you can also make sure, you know, to nurture that relationship, you
Speaker:need to set reminders to follow up.
Speaker:You need to check in.
Speaker:If I send a referral on, I always wanna know what happens at the end.
Speaker:be professional and tell the person that sent them what's actually happened.
Speaker:So the question for me for you is, how will you track referrals?
Speaker:Will you do it on a spreadsheet?
Speaker:Will you do it in notes in your phone?
Speaker:Will you use a CRM system?
Speaker:Whatever it is.
Speaker:And then how often will you check in?
Speaker:So you've got your list of 10 referrers.
Speaker:know your business well, you know their business well.
Speaker:How often will you connect with them, whether that's a
Speaker:text message or a coffee, or.
Speaker:A meal, whatever it is.
Speaker:I've got one client who sends me a lot of referrals I don't send her
Speaker:hampers of food or any of that stuff, but what I do do is I take her to
Speaker:random comedy shows or I take her to book launches that I think she'd like,
Speaker:or she loves the comedy festival.
Speaker:So we'll go and do a comedy festival.
Speaker:it.
Speaker:That's nurturing a relationship right now.
Speaker:I have to think outside the square on that because that's a
Speaker:whole lot of calendar management.
Speaker:But is it worth it?
Speaker:You bet your bottom dollar, it's worth it.
Speaker:And I don't just do it for that.
Speaker:She's actually a really lovely person.
Speaker:I love hanging out with her anyway, right?
Speaker:So there's that as well.
Speaker:So, relationships, relationships, relationships.
Speaker:Even with your referrers.
Speaker:So step three, we wanna create a bit of a personalised touchpoint plan.
Speaker:So every quarter, choose one of a few ways to keep in touch.
Speaker:You either send a thoughtful gift, make a personal call, have lunch
Speaker:with them, share a resource that they might need, feature them
Speaker:publicly, put them on your email list.
Speaker:There's so many things, sorry, not put them on your email list,
Speaker:but highlight them in your email.
Speaker:That you send every week, right?
Speaker:Like do a spotlight on them.
Speaker:People love that.
Speaker:It just takes a little bit of thought.
Speaker:So what is your personalised touchpoint plan?
Speaker:And yes, you do it with your 10 people and then you'd see how you go.
Speaker:What's the best way to show appreciation to each of your referrers?
Speaker:Because appreciation is where it's at.
Speaker:You need to have some gratitude and also what feel most aligned with your
Speaker:own brand and your own personality.
Speaker:So you need to kind of figure out what's going to.
Speaker:feel good for you.
Speaker:then step four, providing value beyond business.
Speaker:So looking for ways to support your referrers outside of direct referrals.
Speaker:Introduce them to them, to new clients.
Speaker:Introduce them to, to partners or resources, a media opportunity.
Speaker:Invite them to exclusive events.
Speaker:Invite 'em to mastermind.
Speaker:Offer behind the scenes insights or VIP access.
Speaker:There's so many ways to say thank you and to provide value beyond business.
Speaker:what value can you offer your referrers beyond just thanking
Speaker:them, basically, like, be better.
Speaker:Don't just go, thanks.
Speaker:And then how can you help their business grow?
Speaker:So if someone is constantly sending you they obviously think you're
Speaker:pretty good at your job, right?
Speaker:How about you go back and go, what can I do for you?
Speaker:about you are on the lookout and you do business development for them that
Speaker:you can send them clients as well.
Speaker:That's a beautiful relationship.
Speaker:Number five.
Speaker:Step five.
Speaker:You wanna build a community of referrers.
Speaker:So you need to almost consider that group of 10, what will you do with them?
Speaker:For me, I would take them for dinner once a quarter.
Speaker:I'd get them together.
Speaker:I'd introduce them to each other.
Speaker:'cause you never know, and for me, it's about creating community.
Speaker:Right?
Speaker:So how will you build a community Of your referrers, would your referrers
Speaker:benefit from some kind of networking in a specific space or Would they
Speaker:benefit from a private introduction, someone that they have wanted to meet
Speaker:and can't get a hold of someone that would drive their business forward?
Speaker:And how can you facilitate more connections between
Speaker:you and your referrers?
Speaker:Number six.
Speaker:Step six is my favorite.
Speaker:It's called Surprise and Delight.
Speaker:If you've listened to this podcast, you would know I'm very much around
Speaker:how do we surprise and delight all the people in our world?
Speaker:So that's about going above the expectation.
Speaker:It's about unexpected recognition.
Speaker:It's about handwritten notes or knowing that they love.
Speaker:Coated chocolate.
Speaker:So you send them a bunch of coated chocolate.
Speaker:It's just knowing who they are.
Speaker:It's getting to know the personalities and the style of the person, and how can you
Speaker:add that little element in the surprise and delight for each of your referrers
Speaker:'cause people like to feel appreciated.
Speaker:Basically that when it comes down to it.
Speaker:And then step seven is keeping it reciprocal.
Speaker:Wherever possible, refer business back to them, promote their work.
Speaker:Ask them, how can I support you right back?
Speaker:How can I support you in a way that feels natural and generous
Speaker:to me and works for you?
Speaker:And then my final step, which is the creme de la creme, you gotta make it a habit.
Speaker:It's gotta show up in the diary.
Speaker:You've gotta block time out every single month to go, here are my top 10 referrers.
Speaker:Here's what I'm going to do with them.
Speaker:We wanna systematize so that this.
Speaker:It sinks in as a habit and a process as a reminder to you at some point in
Speaker:the month, take a look at your top 10 referrers and do something with it.
Speaker:So you might look at your top 10 referrers and you might've spoken
Speaker:to five of them in the last week.
Speaker:Great.
Speaker:What about the other five?
Speaker:What do you need to do?
Speaker:Make sure you've got a system and a process that works for you.
Speaker:So What have we discussed today?
Speaker:Number one, you have to identify your top referrers.
Speaker:Number two, you need to set up a system for recognition.
Speaker:Number three, you need to create some kind of personalised touchpoint
Speaker:plan that you can stick to.
Speaker:Number four, you need to provide value beyond business.
Speaker:Number five, build a community of referrers, however that looks for you.
Speaker:For me, it's lovely dinners.
Speaker:Step six.
Speaker:We wanna surprise and delight.
Speaker:We wanna just have that element of surprise all over the place.
Speaker:And number seven, we wanna keep it reciprocal.
Speaker:gotta be win-win.
Speaker:And our final step should be about creating a habit, a system, a
Speaker:process that keeps it front of mind.
Speaker:it for today.
Speaker:Hopefully that helps you work out what your referral system is.
Speaker:One thing I didn't talk about is delivery.
Speaker:When you get a referral, you better deliver well, because if you
Speaker:don't, it breaks the relationship.
Speaker:So deliver.
Speaker:Well, the second thing I didn't even get to talk about today, we'll have
Speaker:to do it in another episode, is my take on affiliates versus referrals.
Speaker:Not even gonna start that conversation, but let's just say we keep the focus
Speaker:on referrals today, and I'll talk about affiliates in another episode.
Speaker:And by the way, thriving women is where it.
Speaker:you want a community that helps you these resources where you can actually say
Speaker:to me, Emma, I need a resource on a, my goodness, thriving Women is where it's at.
Speaker:Come join the community.