If I can build rapport with a mammal in its natural habitat, how hard can it be to build rapport with a business owner in his or her natural habitat – the business you want to buy?
Rapport is one of the four key ingredients of a successful first meeting.
The others are building trust…
Establishing credibility…
And positioning yourself as a “safe pair of hands.”
Do all four… and the seller will fall in love with you.
Rapport is the most important. It’s all about relating to the seller in as many ways as possible.
Do you share the same hobbies?
What can you find out about the seller during your initial research to serve back to him or her in a meeting?
Has he or she won an award? Congratulate them.
Does he or she support the same sports team as you? Yes. Great. Discuss…
I looked at a business last year in the U.K. The owner had just become a grandparent for the first time, and is a passionate fan of Everton, an English Premier League soccer team.
When I found that out on our initial call, I immediately went to Amazon and ordered the tiniest baby team kit for his granddaughter.
When I went to visit him and his business the following week, I presented it to him.
Until then, bye for now.
Carl Allen
Editor and co-founder, Dealmaker Wealth Society