Do You Have A Game Plan For Center-Of-Influence Referrals?

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Rob Knapp, founder of the Supernova Consulting Group, has helped hundreds of successful financial advisors take their game to an even higher level. While reading through some of Rob’s work, I was inspired to address a game plan for getting more and better referrals from Centers of Influence (COIs).

You do have a COI game plan - don’t you? If you don’t, then your results will probably be random and less than inspiring, at best.

Here are seven effective activities that can help maximize your referrals from COIs:

    1. List all the types of folks who have the potential to be COIs for you. Don’t hold back. Make a big list: CPAs, attorneys (estate planning, divorce, personal injury, M&A) real estate (residential and commercial), clergy, high-level government office-holders, leaders of Chambers of Commerce, CEOs of large companies, etc.
    2. Use referrals from your clients and other COIs to meet these folks.
    3. See how you can serve them - through their business or their community service work.
    4. Be confident and clear on how you provide value to your clients. Be able to tell them what makes you distinctive.
    5. Keep creating and nurturing these relationships. Every week, have a meal or meeting with a potential or existing COI. Work a few weeks in advance. You can invite them to your client appreciation events. You can even have a COI appreciation event!
    6. Once you have a good stable list of COIs, keep bringing them value, build business friendships, and serve the heck out of people they send your way.”
    7. Remain disciplined in how you stay in touch with “your personal sales force.”

Full-time commitment to developing COIs will lead to full-time results!

Bill Cates, “America’s Referral Coach,” is the author of Unlimited Referrals: Secrets That Turn Your Business Relationships into Gold (book, audiotape, and videotape). You can reach him at Referral Coach International, 7901 Sandy Spring Road, S 102 Laurel, MD 20707; phone: (301) 497-2200; toll-free; (800) 488-5464; fax: (301) 497-2228; e-mail: [email protected]; or visit: www.referralcoach.com.
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