Joseph Bismark - Gems of Wisdom Blog

The Fundamentals of Networking: Getting the Invite Right

We’ve spoken about the need to do your homework, the invaluable process of developing your prospect list, and the importance of maintaining a prospecting mindset. So, now what?

Now you need to invite people on your list and who you have prospected to hear what you have to say. You need to pick up that phone and start dialling and inviting prospects to a business presentation.

When it comes to the invitation part of networking, I can give one very simple, very valuable piece of advice… make friends with your phone.

When I invite someone, the best mode is through the phone. The phone gives the perfect arena for me to say what I need to extend my invitation to a presentation, but without getting caught up in the questions and details usually demanded in face-to-face invitations.

Always remember – the phone is for inviting only. The phone is the place to ‘close’ with a date for the presentation. It is not the place to ‘close’ with a new Downline. Never attempt to give a business presentation over the phone. When you use the phone to invite, try to limit what you say. People normally ask so many questions and want so many details over the phone. So, when you invite someone, it is better to have a scheduled date, place and time in mind. Then you can invite them personally to attend the presentation, and you have a reason for not discussing everything on the phone. Also, be sure to have a set of schedules to tell your prospect, just in case they say no to your first suggested date.

On the other hand, if you invite someone face-to-face, be ready to present right there on the spot. People will often want to hear all about it then and there, instead of going through the ‘hassle’ of organising a time with you. And it is hard to reason why you can’t tell them about the business when you are looking right at your prospect.

Another thing about inviting is that it allows you to ‘prepare’ or ‘practice’ for the actual presentation, by becoming confident talking to people and building a rapport with them. Learn how to invite, even if you don’t have the confidence to do the business presentation just yet; you can always invite a prospect to someone else’s presentation. And there is a benefit to doing this. It is called the ‘Triangle’.

How does the Triangle work? Let’s use an example: Let’s say Mr B invites a prospect called Mr C to a presentation set to be given by Mr A. For Mr B to be successful in this, Mr B would talk about Mr A and edify him. He would build him up to Mr C by saying that Mr A will be in town and he is very successful and it will be very advantageous for Mr C to attend the presentation of such a prominent networker. You see, in this scenario, there is already respect and a relationship between Mr B and Mr C. In fact, Mr C is attending the presentation because of the credibility of his relationship with Mr B. This credibility extends to Mr C having respect for Mr A before the presentation even begins, simply through association. Mr B has spoken highly of Mr A and Mr C begins to share that respect. Mr B becomes the bridge. He attends the presentation with Mr C and gives him confidence in the presentation and the presenter. And then, after the presentation, is when Mr B makes the close. This is the Triangle.

If you have just met your prospect, build a relationship with them first before inviting them to a presentation. No matter what the situation, people don’t like invasion of privacy and they don’t like feeling as if they are being taken advantage of. So take your time.

One last word on inviting prospects: Never do it in desperation. When you invite people, it should be because you want to do good for that person, not because you are needy to gather Downlines. Don’t plead. Don’t push. Be polite, knowledgeable, confident, and friendly. It is truly amazing what these basic character traits can do for the success of your invitation.

Sincerely,
Joseph Bismark
Group Managing Director, QI Ltd

Human Life Begins… When?

There are four propensities of life… eating, sleeping, mating, and defending. But is that all there is to life? And if so, how are we, as human beings, any different from animals?

Humans have mastered these four propensities. We have an endless menu of gourmet cuisine and all manners in which to cook it so that our food not only gives us sustenance, but a sensation of incredible tastes. When it comes to sleeping, we have perfected the art of getting a good night’s rest, with ergonomic beds, neck-support pillows, and cosy blankets. And it is frightening just how well we have enhanced the act of mating, and how much we have sharpened our ability to defend ourselves.

The question human beings should be asking, is whether this really is the goal of life? Just to eat, sleep, mate and defend. If this is the goal of a life of a human being, then you can argue that it would be better to be an animal. For example, if the goal of life was to sleep, wouldn’t you rather be a crocodile? I heard that a crocodile could sleep for 20 hours a day! If sex was to be the goal, then why not prefer to be a pigeon? A pigeon could have sex 100 times a day, without caring for the offspring or being in a relationship. If eating was the main focus of life, then who wouldn’t want to be a pig, who can eat anything and everything all day long? My point is, humans are equipped with so much more potential to fulfil more than any of these propensities. That is how we are different from animals. If we focus our lives around this sense gratification, surely we’re missing the point of life. We must awaken ourselves from our slumber. There must be a higher purpose.

Human life begins when one starts questioning, “What am I? Why am I here? What is my purpose? What is my relationship with this world I live in? What is my responsibility to the environment? Who am I?...” The questioning and the learning are endless.

We have the ability to act independently; we have free will. We have a higher intelligence. We have the ability to question. We can philosophise. We can actually ponder what happens after death. A life of a human being is a life of responsibility and consequences; a life of questioning and seeking answers.

Yes, we have perfected the four propensities, the basic needs of life, but it is not what makes us human. We’re missing the purpose and potential of human life if we care only for eating, sleeping, mating and eating.

Please take a moment to ponder… don’t wither away a life of great potential, questioning and learning. Strive to understand the world around you. Don’t allow yourself to be satisfied with a life similar to that of an animal, because you simply won’t be doing justice to the incredible gift we’ve all been given… life as a human being on this planet.

Yours Sincerely,

Joseph T. Bismark
Group Managing Director, QI Ltd

Thinking Long-Term During Our Anniversary Month

It was 1998. The so-called ‘dot-com bubble’ that had enveloped the world was deflating at a rapid rate. The Asian economy was falling in a manner not so different from the global economic climate of today. But we started a company anyway. And if I knew then about all the ups and downs that were to follow, I am not so sure I would have signed up for the ride.

Eleven years later, I know that I am glad that I did. But I have to tell you, in these years, I’ve never before experienced such successes, such challenges, such hardships, and such happiness. It has been the proverbial and clichéd rollercoaster. As I said, had I known what the future was to hold back in 1998, I don’t think I would have embarked on such a ride.

I guess that when you dive into something and are so passionate about it, it is a true blessing that God doesn’t show us what lies ahead. A farmer could not experience a harvest if he did not first go through the preparation of land and the hardship of the sow, the labour and toil, all without being guaranteed a successful crop. He must have faith that the seeds he plants will grow, that the rain will come at the right time, and so many other unpredictable considerations. Then, and only then, may he reap the harvest and enjoy the fruits of his labour. The best thing we can do is to propose and let God dispose. And that is exactly what we did when sowing the seeds of this company.

Back then, I really wasn’t sure we were going to make it. There were many detractors who shared the same thought. They said we wouldn’t last a week. So when we did survive the first week, we celebrated. We celebrated our second-week anniversary as well. Now our detractors said we wouldn’t last three months. So, we celebrated again on our three-month anniversary. Then it became a year. And then three years, and then we celebrated our fifth year and we were still growing. Last year, our tenth anniversary celebrations traversed the globe and to see the impact this company and our mission of RYTHM has had on the people of the world – from Asia to the Middle East to Africa and beyond – made me again thankful that the future is a mystery until it becomes a past to reflect and build upon.

We held our official 11th anniversary celebrations in Hong Kong on the 8th September 2009, but it is the whole month of September that for me is a month of reflection and introspection. It is not time to boast what we’ve achieved, but to contemplate from where we’ve come and to where we shall go.

Consider this. How do people think? A beggar thinks from meal to meal. An employee thinks from month to month with the arrival of their monthly salary. A boss may think from year to year. But a King would think for a decade. And an Emperor thinks for a century. When you see how different people think, you’ll see how they got there. And you’ll see where they’re going. The question today is, ‘do we want to think the way we think today?’ No matter what position you hold within this company, take ownership of it. It is your ‘rice bowl’. Fight for it. Protect it. Fill it up. Take ownership of what you do without the title or the extra salary. It is once you take ownership, and what you achieve through this, that the title and the rest of the perks will follow. The farmer cannot demand the harvest before he ploughs the land. Are you going to think from day to day? Or are you going to think long-term?

This whole month is a time for reflection on our lives, our career, our company. QI is our mother company and it is feeding all of us. Everyone in QI is a part of combined excellence. Every anniversary is a time for us to be grateful. This Gem is my heartfelt appreciation to the founders of the company, the directors, the chiefs, the managing directors, the hundreds of fantastic staff we have, and our extended family of IRs who are out there building on our behalf. This is a chance to thank everyone for thinking long-term and for strapping into this rollercoaster with us. Thank you for toiling and working to bring the company to harvest. Thank you for taking ownership of your rice bowl. It is the people doing all this throughout every rank of the company that makes me stronger, and makes the company stronger. Happy 11th Anniversary to every person, past and present, of the QI family.

Sincerely,

Joseph Bismark

Group Managing Director, QI Ltd

The Fundamentals of Networking – Maintain A Prospecting Mindset

As part of this Fundamentals of Networking series, I would like to take the opportunity in this Gem to speak a bit more about the stage of Prospecting, before we move onto Inviting. This is because developing and maintaining the ‘Prospecting Mindset’ is so essential and so integral to being a networker.

I mentioned in my previous Gem that networkers should never stop adding to their prospect list. To do this, you must have the right mindset. There is a saying in the network marketing business: ‘If it breathes, it is a prospect.’

The basic rule in prospecting is that you are networking no matter where you are or what you are doing. This doesn’t mean becoming annoying and invasive and continually approaching people about the business, even after they’ve said no. It simply means being friendly. It means speaking to people standing behind you in the queue at the supermarket. It means striking up a conversation with someone sitting next to you on the bus. Get to know the person around you in everyday situations to the point where you could perhaps ask them what they do for a living, or to the point where you could exchange business cards. You can then call them later and invite them to a presentation. It is about talking to people. The more people you talk to, the more opportunity opens up to you. The less you talk, the less you meet. Even if someone you approach says no, you have not lost; you have practised your communication skills, built your confidence in approaching prospects, developed your people skills, and you may have met a new friend or perhaps made a new contact, such as a mechanic, whom you may need to call upon later in life when you have car trouble.

Being a networker means that there is a probing thought constantly playing in the back of one’s mind: ‘Could this person be interested in the business?’ If this question is always on your mind, then you will become more alert to people who would be genuinely interested. It is like switching on your antenna. Think about this… have you ever wanted a new car? And then somehow everywhere you looked, you see that same model of car that you wanted, but no one else really notices it? This is because you are subconsciously thinking of the new car you want and in essence, your antenna is tuned into that car. So, you take notice when you see it. The same applies with networking and prospecting. If you’re not looking, you won’t see. If you are a networker, prospecting becomes part of you.

The definition of prospecting is to identify potential people to join your business. So, this is what you should be doing – all the time. If you are a real estate agent, you will always be on the lookout for good development opportunities and every time you walk into a friend’s house, you will probably mentally appraise the house’s market value. The same applies with almost any profession. In any business, you are always ‘noticing’ and on the lookout for the subject of your profession. In networking, the subject of your profession is everywhere. The subject of your profession is people. This prospecting mindset and your list of prospects are the core principles of being a good networker.
 
Sincerely,

Joseph Bismark

Group Managing Director, QI Ltd

The Fundamentals of Networking – Develop The List

As part of the Fundamentals of Networking series in these Gems of Wisdom, I have already spoken about the importance of doing your homework before you begin the actual business. One thing to mention is that this first step as a networker is never over. You must always be learning, staying informed, and improving yourself.

Once you are ready to begin the business, it is time to make ‘The List’. This list will quite possibly be your most treasured asset you will ever own as a network marketer. The list is the first part of the ‘Prospecting’ process.

The List is your prospect list.  Sit down and think of absolutely, positively, every single person you can think of, from your family and friends, to your doctor and local shop attendant. Your first lesson here is that everyone – yes, everyone – is a prospect; someone who may be interested in joining your business. So start to write down all of these names. You should be able to come up with at least 100 names. Don’t let that figure scare you. I was speaking on this topic at a seminar once, and I gave everyone in the audience 30 minutes to write down 100 names. One old lady said that there was no way she could think of 100 people to write down on her list. Everyone in the audience was empathic with this lady because they were having a hard time as well. So what did I do? I offered her $100 for every name she wrote down. And what did she do? She wrote down more than 100 names. Why could she suddenly think of so many names? She had started putting a value on each name. This is the mindset of prospecting.

Once you have your list – and I should mention that you should never stop adding to your prospect list – you can then start identifying categories. Start with two categories – all the people whom you think would be easy to approach, such as your family and friends, and the people whom you feel may be more difficult to invite into the business, such as your doctor or someone you don’t know very well. It is the latter group, the difficult group, which you should approach first. These are the ones who you think will have all sorts of excuses, concerns and reasons why they don’t have time for the business or why they’re not interested. You should approach this difficult category first because it gives you a chance to sharpen your inviting skills. This is where your homework comes in, as it will give you confidence, information and resources to tackle difficult questions. But we will speak more about the art of Inviting in a later Gem.

Sincerely,

Joseph Bismark

Group Managing Director, QI Ltd