All posts by Keith Thompson

Beating the first 90%

In business you will beat 90% of your competition if you just show up with a smile on your face. You stand a good chance of winning over the other 10% by showing up prepared.

I am big proponent of the face to face. I have so many personal flaws such as speech, education, writing, spelling that the only chance I had of getting hired was to show up face to face when the other competition wouldn’t. Many of my competitors like to make phone calls and hide behind emails. There is nothing wrong with phone calls and emails but the quicker you meet in person the better your chances are of getting the business.

I remember one deal early on that I have to laugh about when I think about it. I was in the business for about 3 months and I barely knew how spell the word hotel. There was this group in Summerville South Carolina that had 8 Holiday Inn hotels. I had sent the owner a letter introducing myself and low and behold he called me back. In those days there wasn’t the internet, email and cell phones. I asked him if I could come up the next day to meet with him. He said sure, so I cowboy up and drove over to South Carolina the next day to meet him. We really bonded up that day because he was a fellow Christian and we developed a mutual respect. Side note, that would have never happened on the phone and only happened because I drove 6 hours to meet him.

He asked me to put together a presentation on the 8 hotels and come back. This is the part where I laugh when I think about. I literally did not know what to put in the presentation. I put together 8 separate folders with the hotel name typed nicely on the outside and on the inside, typed out the information I could get from the Holiday Inn book on the numbers of rooms, what businesses were nearby, how old it was and any general information I could find. I had also driven to see all 8 hotels so I could talk about them. I had copies of his profit and loss statements but I didn’t know what to do with them or how to understand them. So I go into the meeting with my briefcase and pulled out these nicely typed folders on each of the hotels and just started talking about his hotels as though I knew what I was talking about.

To my surprise, they decided to hire me. Ha. That was the largest portfolio the company I was working for at the time had every listed. The funny thing was I still didn’t know what to do but I figured it out along the way. Those clients remained good friends for many years thereafter and we worked together on multi occasions.

The point is, I knew I would never be able to earn his confidence on the phone so I did the only thing I could do and that was to go see him.

In life I believe many tough and stressful spots can be smoothed over if we are prepared to physically sit down face to face and talk about it. This goes for business and personal situations alike. There is something magic about telling a person that they are important enough to meet with. In my line of work there have been hundreds of meetings I went into where I didn’t know how it would turn out but the importance and magic of getting in front of someone has never lost its advantages.

Even in the bible, the word “go” is listed 1,542 times and the word “stay” is only listed 62 times. KT

What to do when you don’t know

There are many times in our lives when we don’t know what to do. Today may even be one of those days for someone reading this blog. It is the not knowing, the pause or the wait that seems to be the hardest part to manage.

Sure, no one wants to hear bad news but at least you know what the news is. If you know, then you can begin to piece together the plan for dealing with it. Examples of such news are, you are fired, you got the job, you didn’t get the job, you are sick, they denied your loan, the test results will be back in a week, you are not welcomed, your marriage is over or any such example that life throws at you. There are many more examples of the simple decisions in life when you just wished “they” would make a decision so you could know what the answer is. It is the in between, where patience and faith is put to the test.

The question is what you do when you don’t know. First thing is to place the outcome in God’s hands. Sounds easy right? Well, in my experience, there is the “idea” of placing the outcome in God’s hands and then there is the actual faith step in doing it. Big difference. The idea of it is always easy advice to give someone else. When it is you, it is a whole different story. When it is you, it becomes personal and it becomes real.

Ask God to give you the revelation (reveal it to you so you can understand it) that he is in control and he knows what the decision today means 15 years from now in your life. He literally knows where every turn in your life is and the impact of each turn. You can trust yourself or you can trust him. When you do step over and put your present and future in his hands, you will feel a huge weight lifted. It doesn’t mean that the outcome and the answers will always be happy and good. What it does mean is that you and you alone have made the decision to spiritually step close into the shadow of the almighty and ease up under his arm and let him be in control. KT

The eyes

Have you ever heard the term “the ayes have it?” This is usually used in business meetings where a vote has been taken on a particular subject. An example would be in a shareholder’s meeting when the vote has been put to the “floor” (meeting the people can vote.) When the moderator says, “all who are in favor say aye,” that is where the term “the ayes have it” came from.

There is another place where the ayes have it and it is in your physical eyes. You can almost see the soul of a man in his eyes. There are very few that can hide their true emotions from the eyes. My daughter Lanie Beth Sinclair says “when you look in the eyeballs, it gives way to the soul.”

There are all kinds of body language in our business, our families, and churches and even at Starbucks. You can act like everything is ok or you can act like you are happy but the eyes tell the truth. Tomorrow morning when you look in the mirror, look deeply in your eyes and just know that what you see in the mirror is what everyone else is seeing.

I met a guy in our business the other day and I instantly liked and trusted, all by what I read in his eyes. It happens in an instant when you get face to face. In sales, this is why I push hard for our brokers to get in front of people face to face. That is where the magic happens. It is not on social media or texts or email or websites. It is the face to face that means the most in our business. I also believe it is the most telling aspect of the human nature in every situation.

I love little children (especially my granddaughters) because they don’t know how to lie and their eyes always match their voice. One of the most beautiful things a person can ever witness is the pure honesty of a child. That is the way God originally intended us to live our whole lives but sin entered the world starting with Adam and Eve.

Why am I talking about this? The next time you are with a client or you meet someone at Starbucks, listen to what they say out of their mouths but also watch their eyes and you will probably be able to tell if the two match up. Many times their words and their eyes don’t match up and it is those times where you need to be careful, aware and watchful. KT

The easiest listing is the one you don’t need

I have preached for years to our brokers and anyone that will listen, that the easiest engagement/listing you will ever get hired on is the one you don’t need. The easiest job you will ever get or the easiest loan you will be approved for is the one that you don’t really have to have. Sounds crazy, right?

In our business we sell hotels and I learned a long time ago that the best time to make a listing call is when you already have other deals you are working on. If you make a listing when you don’t have other things going, it is the hardest call you make in our business. It is the hardest because you need it and have to have it. Think about that for a minute. When you don’t need it, you are more relaxed because you know you don’t have to have it. If you have to have it to make the next mortgage payment, you will invariably try harder and push harder which usually hurts you. I have told our agents for years that when something good is happening, you need to immediately go get other good things happening. Use the momentum to your favor.

The same holds true with job hunting and loans. It is always easier to get a job if you have a job and regarding loans, it is always easier to get a loan if you don’t really have to it. It is really that way in much of life from friendship, finding love, growing a church, building a business etc. It is even that way in golf. When you play golf, why is it that you can make the perfect practice swing and then get up to the ball and miss hit it? It is because the pressure is not on the practice swing. The pressure is on the real swing that counts. In football, it is the same way. The best plays usually happen right after a momentum shift.

I had no one to teach me this in my early days of brokerage but I actually had a revelation of it by pure mistake. I found out (or better realized) that I did better on a call or in a meeting when I already had other deals working. It didn’t matter whether the current client hired me or not. It took the pressure off and released the stress. I learned to use the high points emotionally to go built the business. I doubled my listing efforts when I was busy because I knew that was when I stood the best chance of getting hired.

The best sales call you will ever make is when you are busy and have other deals going. It is really a strange awareness on the inside of you when you have a revelation of this and I have been a big proponent of it for many years.

I have seen many other salesmen that chose the opposite approach. They get some good monument going and then shut down on all new business. It is like a dog that gets one bone and then carries it off to eat it alone and by himself. This may be a good sound approach if you are a dog but it is not a wise approach if you are in business. The idea is that when you have a lot of bones in front of you, it doesn’t hurt as much if you lose one. I have seen brokers that only work on one deal at a time set themselves up for heartache because if they lose the one deal they are working on, it breaks their heart.

So if you are in sales and good things are happening at work, let it sound off a bell in your heart that says “time to double my efforts because the momentum is with me.”

Psalms 90:12

The NIV version of Psalm 90:12 says “teach us to number our days, that we may gain a heart of wisdom.”

We get so busy in life that the days and years seem to slip by and you look up and realize you are 5 years older than the last time you checked. I was watching a movie the other day from 1999 and it still seemed like a recent movie. Then I paused and realized that it was 16 years ago. This past weekend I was upstairs in my daughters’ old bedrooms just looking around at all the stuff that is still theirs. Ha. My oldest daughter graduated from high school 13 years ago and my youngest daughter graduated from high school 10 years ago. Wow how the years get by.

This passage of scripture means to measure your days carefully and add purpose to each day and to seek God’s direction for each and every day. It means to live life on purpose and with meaning and to gain God’s wisdom in the process. Numbering the day means to make it count because once today is gone you will never have another day exactly like today. They hopefully will be similar, but they are never the same. It means to make it count because one day all you will have is the memories of the days spent. Spend them wisely.

It means to not just hurry to start a day, rather have a quiet time with God at the beginning of each day and ask him to guide your paths. I find that a quiet time in the morning sets the stage for the whole day. On the days that I slept late and hurried to get dressed and rushed out of the house and hit the traffic to the office, it usually starts the day off hectic and it seemed to carry throughout the day. The days where I got up a little earlier and had a quiet time seemed to give me more control over the flow of the day.

I believe God wants us to ask him about the day before it starts and seek his wisdom on how to handle the events of the day. It is like you start the day with a secret weapon as compared to the rest of the world. I find it calms your spirit within you and gives you balance throughout the day.

Use tomorrow as an example and number the day and ask God to help you make it count. KT