Melvin Feller MA Discusses the Trust Equation and Using it to Build Your Business

Melvin Feller MA Discusses the Trust Equation and Using it to Build Your Business

Melvin Feller is known as “The Entrepreneur’s Mentor” because Melvin walks his talk. Melvin Feller has been there and done that and more importantly, Melvin Feller knows how to transfer the skill set for success. This is main reason that he has been the sought after coach to hundreds of small business owners, entrepreneurs, Realtors, Real estate investors and service professional internationally. Melvin Feller’s main talent is to show you how the step by step process to build and enjoy a successful 6-figure plus business while having a balanced life. Melvin Feller maintains an office in Texas. Melvin Feller is currently pursuing another graduate degree as an MBA.

Build Your Business Using Trust by Melvin Feller MA

Being small business owners, we have so many things on our plates. It can be easy to let something seemingly small, like following up, slip through the cracks. Here are five ways following up can build your business, along with tips to make it easy and more effective.

1. Builds Trust

Following up with others goes a long way toward establishing trust. It does this by building your credibility and reliability, which according to the Trusted Advisor, are two key elements to the Trust Equation. When people trust you, they’re more likely to buy your products or services.

2. Leaves a Great Impression

When a friend was looking for a new job, she viewed my connections on LinkedIn, and asked me for an introduction to one of my contacts. I happily made the introduction, and after the two met for coffee, my friend reported back to me, “Tara was so impressed with you, and couldn’t believe how on the ball you are.”

Personalized and timely follow-ups always leave a great impression.

A. Take notes (I like taking notes on the back of business cards)
B. Add notes to your contact system
C. Use notes to personalize follow up messages
D. Follow up within 24 hours after meeting someone
E. Follow up within an appropriate time-frame for all other communications
F. Set aside follow up time in your daily schedule

Additionally, personalizing your follow-ups builds intimacy, increasing your trustworthiness.

Build Your Business Using Trust by Melvin Feller MA

3. You’ll be known for being helpful

Whether you’re following up with a prospective client regarding your proposal, or you’re following up with a new connection, focus on being of service to them. In July, Natasha sent me a very simple follow-up email just asking me what I needed help with.

Experiencing problems with my then-web developer, I asked if she could recommend anyone. She introduced me to someone and, in the process, helped two people. I quickly launched my new website, and the developer got a new loyal client.

But, to be of real service to others, you must be genuine in all of your follow-up outreach.

A. Want to be of service
B. Take interest in what matters most to your contacts
C. Desire to have a mutually rewarding relationship with them

Being genuine in your desire to help others is what makes all of this work. Genuinely focusing on serving others decreases your self-orientation, which increases your trustworthiness.

4. Keeps You Top of Mind

When you follow up with someone, it keeps you at the top of their mind, so when they’re looking for the services you offer, or they meet someone who needs your services, you’ll be the first person they think of.

Use a contact system to help you keep everyone top of mind.

Using the right contact system will enhance your follow up efforts. While many have great features, for following up I use mine to schedule follow up actions for later dates, and then it sends me email reminders.

Build Your Business Using Trust by Melvin Feller MA

5. Expands Your Network, Grows Your Business

Building trust, impressing others, serving people, and staying top of mind, all create the compound effect of expanding your network. You will become the person others go to for referrals and introductions, expanding your network.

Lastly, following up and using the Trust Equation gives you many ways to prove your trustworthiness, so when they’re in need of your services, you’ll be top of mind, they’ll appreciate all you’ve already done for them, and they’ll trust you. This is how following up builds your business by building trust.

Melvin Feller MA Business Consultant, Business Owner, Melvin Feller ministries and MBA Graduate Student Candidate

Melvin Feller MA is in Texas and in Oklahoma. Melvin Feller founded Melvin Feller Business Group and Melvin Feller Ministries in the 1970s to help individuals and organizations achieve their specific Victory. Victory as defined by the individual or organization are achieving strategic objectives, exceeding goals, getting results or desired outcomes and a positive outreach with grace and as a ministries. He has extensive experience assisting businesses achieve top and bottom line results. He has broad practical experience creating WINNERS in many organizations and industries. He has hands-on experience in executive leadership, operations, logistics, sales, program management, organizational development, training, and customer service. He has coached teams to achieve results in strategic planning, business development, organizational design, sales, and customer response and business process improvement. He has prepared and presented many workshops nationally and internationally.