Remember the movie "The Perfect Storm?" Several powerful forces collided to create that storm. Well, that's what you're about to see come together to generate referrals.
Research into how the brain works tells us that at an unconscious level, we are all thinking about what we have to gain or lose if we take some kind of action. What is the danger? Will I get killed? Will I get hurt? Will I lose in some way?
This brain activity most definitely comes into play when you seek referrals. For some clients, giving referrals is more about fear of loss than desire to gain. They think, "What if I recommend my friend to [you the advisor] but it doesn't work out? How will that make me look/feel? Will it damage my friendship?"
Complete your profile to continue reading and get FREE access to BenefitsPRO, part of your ALM digital membership.
Your access to unlimited BenefitsPRO content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Breaking benefits news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical converage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.