Tuesday, June 2, 2020

Fwd: This took me YEARS to learn about dealmaking



Sent from BlueMail
On Jun 2, 2020, at 8:15 AM, Oren Klaff <oren@pitchanything.com> wrote:
Are you a "Level 4" Dealmaker?
Oren Klaff Logo

From the author of Pitch Anything & Flip the Script

There are 4-simple things you need in order to create and close any deal ...

The "deal" might be a marriage proposal, million dollar investment or large corporate sale ...

I mean, I don't care what you use it for. It works in any deal.

I'll give you all 4 deal elements in a moment. But first, I have to ask ...

Do you have a friend who is a master dealmaker?

You know, the guy who seems to always make money in deals you can barely understand ...

That's exactly my friend Alexy. He called me two weeks ago ...

ALEXY: "Oren, let's buy a Liquid Petroleum LPG ship out of Japan ...

OREN: "Hey Alexy, Fu**-off.
... I'm not buying a damn SHIP ..."

ALEXY: "It's a killer project,
... but seems you are not interested ..."

OREN: "Hey wait ... let me see the numbers."

SO you can guess what happens next .... Just one zoom call ...

And one-spreadsheet ...

And 2-beers later ...

I'M BUYING a 5,000 Cubic Meter LPG Carrier.
In fact, it's this one.

image

I already know what you're thinking: "Hey Oren, where'd you get $27 million dollars to buy 5,000 CBM fully-pressurized LPG tanker?"

Ha, you mock me.

Of course, I don't have that kind of money sitting around.

But I am using the 4 Dealmaking elements to get it done.

I'M NOTHING SPECIAL.
ANY LEVEL 4 DEALMAKER COULD DO THIS DEAL

WHAT'S A "LEVEL 4" Dealmaker?

Great question! Let me break this down for you:

You're only a Level 1 Dealmaker When You Have ... CREATIVITY.
In other-words know how to sell "features" and you get CREATIVE when it's time to close. You're a creative thinker and get things done.

You're at Level 2 when you have ... CREDIBILITY.
You handle the bigger, more critical sales for your company because buyers TRUST you.

Level 3 Dealmakers Create: COMBINATIONS
You're at this level when you combine different products, features and benefits into a custom product that's perfect for the buyer.

BUT AT LEVEL 4, YOU DOMINATE YOUR MARKET, CLOSE DEALS AND CREATE GREAT WEALTH.

I'm pretty sure you've already got Level 1, 2 and 3 in your skill set: CREATIVITY, CREDIBILITY & COMBINATIONS.

Now it's time to rise above average and become a Level 4 Dealmaker by leveraging 4-additional elements.

Think back to my friend Alexy ... he calls me up to say, "Let's buy a ship"

He doesn't say ... "hello my good friend Oren, how are you, how is your your beautiful wife and son?"

Not at all.

He doesn't say, "Did the Covid kill you yet?"

No.

He just blurts out 4 small words.

Let's. Buy. A. Ship.

But what is Alexy really saying here?

believe me .... This is NOT some kind of friendly gesture where he's "including" me in a great deal.

He's not calling because we are friends.

ONLY ONE REASON for this call:

I'm a MAJOR CHESS PIECE in his master plan to close a big deal.

He Needs Me.

ALEXY NEEDS FOUR CRITICAL THINGS TO PULL OFF HIS BIG, HIGH-REWARD SHIP DEAL.
YOU NEED THEM TOO.

Let's assume you have a great idea for a deal that will make you a lot of money. For example, you are buying a building, or creating a software app, or flipping an asset, going to medical school ... whatever ... it doesn't matter.

FIRST, you need a spreadsheet that shows how your deal makes money.

SECOND, you need some Zero-Cost Worker-Bees.
Think about it, every real deal involves some real work, and it can't be you because you're too busy ... pulling the whole thing together. But there are lots of dudes that are excited to get involved for a small piece of success ....

For example, in our ship deal, I have 5 young guys who are financial analysts, and they've all jumped in to do the 60-hours of spreadsheet work we need done. They're so excited to be working on this amazing project!

THIRD, you need some Cash to fund the deal costs.

FOURTH, you need access to a Network of experts and buyers and investors.

For Alexy's ship deal, I'm providing two of four things:

I'm doing The Spreadsheet and I have the Network of Investors. Alexy is providing a little upfront Money .... and the free Zero-Cost Worker-Bees.

Think about the power of this:

Take your best idea ...

Add some hard workers ...

Get a little money for upfront costs.

Tap into a network of buyers or investors ...

You will not fail.

Seriously, come up with any decent idea, and I'll show you how to get it done.

Here's the FOUR Levers That Drive Any Deal

.... A HIGHLY ACCURATE SPREADSHEET

........... ZERO-COST WORKER BEES.

.................. MONEY FOR HARD COSTS.

..............................A NETWORK OF BUYERS.

This is how it's always done.

So if you want to close deals at the highest level possible …

Or raise money for your company …

Or even sell large ticket items at a very large margin ...

YOU NEED TO SEE a few examples of how to create and close a deal ...

THEN ... you'll be doing this over-and-over on your own for the rest of your career.

I will teach you how to do this correctly.

You already know this dealmaking concept works, because any time you've closed a deal that made real money, you used every one of these elements: a deal spreadsheet, other people's money, some "free" helpers and a great Network.

WANT TO BE A LEVEL 4 DEALMAKER
FOR THE REST OF YOUR LIFE?

THEN YOU ONLY NEED A SIMPLE TEMPLATE AND SCRIPT ... for each of the 4-dealmaking elements.

I'm ready to give you:

The perfect spreadsheet template for any deal ....

The 2-scripts that will recruit all the Worker-Bees you need.

The 3-scripts that will get you a partner for the Hard Costs (legal, travel, etc)

And 5-critical- scripts you need to jump into a Trusted Network of Buyers and Investors.

I've done this 253 times. It's a no brainer.

I AM TEACHING YOU HOW TO BE A
"LEVEL 4 DEALMAKER" ON
FRIDAY, JUNE 12TH AT 12PM PT

This full-hour workshop is going to show you 3 totally unique deals that successfully made money.

You will see, start to finish:

THE BIG IDEA
THE FINANCIAL TEMPLATE
THE PITCH
WHAT THE WORKER-BEES DID
WHAT THE HARD COSTS WERE
HOW WE FOUND A BUYER OR INVESTOR

I will break all of this down three different ways in one-hour.

It doesn't matter what business or industry you're in ... one of these real-world examples will apply.

And this LIVECAST event is very special: I will have a NO MAN LEFT BEHIND policy. (I rarely do this.)

If at anytime, you are lost, missed a point or need clarification, then raise your hand. We will stop the presentation and make sure YOU are 100% clear before I move on.

Join me on this rare Livecast event where you are going to become a LEVEL 4 DEALMAKER in the course of 1-hour.

This hour will change your life.

To get into THE LEVEL 4 DEALMAKER Livecast Event... you have to join Pitch Mastery here.

You can get access to this event: THE LEVEL 4 DEALMAKER, only from inside Pitch Mastery.

Are you doing this? It's going to change everything you do.

Only Pitch Mastery gives you access to this LIVE training.

JOIN HERE-

Oren

...











...

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PITCHANYTHING  5825 Avenida Encinas #111 Carlsbad, California 92008 United States

Sunday, May 31, 2020

Fwd: Special Edition: The Story Behind the Story



---------- Forwarded message ---------
From: Gary Burnison, Korn Ferry <gary@kornferry.com>
Date: Sun, May 31, 2020 at 6:58 AM
Subject: Special Edition: The Story Behind the Story
To: <stevescott@techacq.com>


At a time when different work needs to get done—and work needs to get done differently, we leaders have to change.
At a time when different work needs to get done—and work needs to get done differently, we leaders have to change.
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At a time when different work needs to get done—and work needs to get done differently, we leaders have to change. Today, everyone is a leader—and it culminates in how we make others feel.

 

I had this experience when I was 12 years old, at a basketball camp led by Coach Gene Keady—a legend in Kansas for having earned Junior College Coach of the Year three times while at Hutchinson Junior College. He later went on to an acclaimed coaching career at Division 1 colleges, most notably Purdue where he served as head coach for 25 years.

 

Although I was pretty tall and lanky, it was clear I wasn't destined for the college court, let alone the NBA. But Coach Keady worked with me nonetheless, such as teaching me to dribble to my left. Coach Keady must have seen something else in me, when he pulled me aside on the last day of summer basketball camp and said, "Gary, you're gonna be a leader—never stop believing."

 

My miniature "Camper of the Week" trophy, once the centerpiece of my childhood bedroom, is long gone. But the coach's words have stayed with me all these years—not only for what he said, but how he made me feel.

 

Through the years I've tried, although not always successfully, to make others feel the same—and especially now. Empathy is the starting point. It's the catalyst that turns "we're all in this together" from only words to a feeling and then an action.

 

The pandemic will create a seismic shift in an organization's skillset as well as its mindset—that starts with the leader but is never about the leader. Although there are "green shoots," the tale of the tape of this pandemic is disheartening—people who are not only isolated, but also feeling insulated from others. Like everyone, I'm hearing about how others are dealing with serious illnesses, fears about the health and safety of loved ones, and even divorces that are skyrocketing. The emotional and physical toll on people is mounting, as evidenced by a significant rise in the use of employee assistance hotlines and telehealth.

 

This is the "story behind the story" that leaders need to understand.

 

Too often, though, empathy is confused with sympathy. The difference is far greater than just a few letters. Sympathy rushes in to fix things with an attempt to cheer people up—like telling the person who has lost hope and direction that "at least you still have your [insert attempt here]."

 

Empathy looks at reality and doesn't blink. It forms a bridge, heart to heart, that broadcasts verbally and nonverbally, "I know how you feel. Our circumstances may be different, but I've been there, too."

 

Here are some thoughts:

  • The glass is already broken. There was a time when companies looked for leaders who weren't afraid to "break glass." These "change agents" were brought in to shake things up, often without excuses or regard for people's feelings. They operated like the wording on a fire alarm: "In case of emergency, break glass." Today, the pandemic has broken that glass. The workforce has been scattered and shattered. Now it takes a different kind of leader who can turn broken glass into a mosaic of possibility. This past week, I participated in a financial services webinar with the CHROs of Bank of America, Citi, and Prudential Financial. Lucien Alziari of Prudential described how, in normal times, transitioning to a 97% remote workforce would have required "an 18-month project…[with] six risk committee meetings, and at the end of the project that conclusion would have been, 'We can't do that. It's too risky.'" Amid the pandemic, though, that goal was accomplished in 24 hours. This type of rapid change is baseline for moving forward. As I've said to our team, "We can't think of ourselves as a 50-year-old firm. We need to think like a 5-month-old startup." Those who come out of this crisis as winners will find the silver lining. They will make the most of the disruptive change—but only by meeting people where they are and bringing them to where they need to be.
  • "Everything is great": Just the other day, I was shocked to hear an executive describe how he polled people within his organization to get a pulse of their mood and their motivation. He found that, in his words, "Everything is great." What he was proud of were actually symptoms of people either being afraid for their jobs or a culture that lacks empathy and trust. While it's easy to slip into the wishful thinking that "everything is great," we know that's not the case anywhere. In the triangulation of cash, psychology, and biology that will get us through this crisis, we know that cash is not a durable commodity, doesn't truly feed the soul, and isn't in abundant supply—and a biological solution is still 18 to 24 months off. Psychology is the answer. My colleague Dennis Baltzley, Korn Ferry's global head of leadership development solutions who works with senior leaders, explained it this way: "You need to be aware of the wide range of emotions and where people are. The leader may say, 'Emotionally, I'm beyond this crisis,' but people are lagging. They need to move, but the leader can't make them. Instead, the leader must motivate them." Empathetic leaders know they can't bulldoze people to push them where they need to be.
  • Today's Butterfly Effect: A small or even insignificant event can create a much bigger impact—like the proverbial butterfly flapping its wings that stirs the wind into a tornado. These days, leaders can leverage the butterfly effect as subtle shifts take hold and then ripple through their organizations, creating significant changes in how people think, act, and work together. I saw this recently when a colleague shared with me how she became "compelled to do anything I could" to help others ride out this crisis. Her attitude set off a chain reaction of positivity among the people around her. The result, she told me, was "the most incredible commitment to each other and the firm." The leader's job is to shine a spotlight on those small and sometimes barely perceptible shifts—to see the butterfly within the caterpillars that can't yet get off the ground, but sincerely want to try. Indeed, there is a leader within each of us.
  • Leadership is still a contact sport. From pizza to coffee to banking, everything has become contactless these days. It's how we keep ourselves safe. But that doesn't apply to leadership. In fact, leaders must be contacting people more than ever. At the start of this crisis, I was making 50 calls a day. I've slightly moderated the pace but have extended it to almost everyone—from reporters to people I haven't spoken with in years to checkout attendants at the grocery store. Empathy informs leadership. The starting point of every conversation is what is on people's minds—how are they feeling, what are they worried about, what are they thinking? Only with that understanding can the discussion pivot from "this is what we've always done" to "this is what we can become."

On a personal note, I had a valuable learning experience this week. Each Memorial Day, we honor those who died in service to our country. When referencing this very important day in last week's message, I indicated that this day honors those who served. As a father with a son at West Point, I know the difference, but I sure didn't articulate it well. A few members of the military let me know the error, as they rightfully should have, explaining with empathy.

 

This is how we help each other on the journey. It's how we continuously grow and progress. Indeed, this is how we understand the story behind the story.

Regards,

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Gary Burnison, Korn Ferry CEO

Our latest books Advance and Lose the Resume, Land the Job are available.  

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