Originally published on Advisor Perspectives, April 10, 2018
I’m writing this article from Sydney, Australia where I’m on a speaking tour. My wife and I are big fans of opera. Shortly after we arrived, and while still trying to adjust to a much different time zone, we attended a performance of opera arias at the iconic Sydney Opera House.
During that performance, I had an insight I would like to share with you.
Every advisor I meet wants to fully engage with prospects and clients. When I ask what it means to “fully engage,” I get answers ranging from, “I want the other person to be excited about what I saying,” to a more modest, “I want to hold their attention.”
I define full engagement in more technical terms. The brain of the other person must be totally occupied by the interaction with me so there is no room for extraneous thoughts.
However you define it, full engagement is a worthy (but elusive) goal.
Here’s a mantra I use: When you’re talking, you’re losing.
It’s very difficult to fully engage someone when you’re talking. This is a critical tenet of the Solin Process℠. It’s also very counter-intuitive for advisors because many of them believe prospects expect you to convey information. How can you do that if you’re not talking?
The brain processes information at around 500 words a minute. You speak at around 100 words a minute. This means that 80% of the capacity of the brain is free to wander and daydream or become preoccupied with other thoughts when you are talking. The longer you talk, the more likely the attention of your prospect will drift.
I was excited. Not only do I love opera, but I had always wanted to go to the opera house in Sydney.
When the performance started, I was fully engaged. As it continued, I started to focus on sessions I would be conducting in Sydney. How would they go? Would I be able to get the participants to interact with me? Would I be appropriately sensitive to cultural norms? The list went on from there. I was still listening to the performance (which was superb), but I was not fully engaged.
When I reflected on this experience, I contrasted what was going on in my brain to the mindset of the performers. Their focus was to give the best performance possible. I would be shocked if any of them could recall a single extraneous thought that entered their mind while they were singing.
It’s very difficult to think about anything other than what you are saying while you are speaking. Speaking fully occupies the brain. This is true whether you are speaking to a friend or performing in front of a large audience.
Achieving full engagement
To engage prospects and clients (and others in your life), elicit information from them. Ask questions, listen carefully and intensely to their responses, and ask appropriate follow-up questions.
There will come a time when they will ask you questions. Keep your answers very short and return to asking questions.
If your prospect occupies “center stage,” he or she will have the mindset of performers at the opera I attended. To convert that person to a client, that’s the role you want them to play.
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