4.8 • 2.2K Ratings
🗓️ 22 January 2025
⏱️ 12 minutes
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Want to double your customer base without spending a dime on marketing? It’s simpler than you think. Let’s dive into the underrated power of referrals! Responding to a question from our listener Franco, Omar reveals the secrets to asking for referrals the right way. Borrowing tips from his dad, an epic car salesman, and adding […]
The post MBA2576 Q&A Wednesday: What’s the Right Way to Ask for Referrals? appeared first on The $100 MBA.
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0:00.0 | There's a simple way to double your customer base without spending a dollar on marketing. |
0:06.1 | I know because when I got started, I had to use this strategy because I didn't have any money |
0:10.0 | to spend on marketing. I'm talking about referrals. Referrals are one of the most powerful tools |
0:15.6 | for growing your business, but most people ask for referrals all wrong. |
0:27.7 | Today, I'm going to show you the right way to ask for referrals and when to ask them to maximize your results. |
0:31.7 | I'm going to share with you with some of the best tips I got from my father when it comes to referrals, |
0:36.4 | who's one of the top salesmen in his field for over 20 years. |
0:41.7 | Welcome back to the $100 MBA show. |
0:45.4 | I'm your host, Omar Zinholm, where it help you start, grow, and scale your business with practical business lessons. |
0:47.8 | Three days a week, Monday, Wednesday, Friday. |
0:50.5 | Today's Q&A Wednesday where we answer a question from one of you, one of our listeners, |
0:54.0 | one of our subscribers, one of our community members. |
0:56.0 | Today's question is from Franco and he asks, what's the right way to ask for referrals? |
1:01.0 | Frank, this is a great question because when you have a happy customer, they can become your best salesperson. |
1:06.0 | Referrals is not just about the asking. |
1:08.0 | It's about the timing, the strategy, and understanding human psychology. |
1:13.5 | I'm going to break it down for you. Don't worry. Starting with step one, ask for referrals the right way. |
1:19.3 | One of the biggest mistakes people make when asking for referrals is being too vague. |
1:25.6 | My dad was in car sales. He was one of the top salesmen for Accura cars in the U.S. |
1:29.3 | He was the number one salesman on the Eastern Seaboard. |
1:32.6 | And I learned a ton from him because I used to go to work with him on Saturdays. |
1:36.1 | I used to work at the wash base, wash cars at the dealership. |
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