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Tim's greatest referral resulted in more than a decade of business, millions in sales, trips to the beautiful Caribbean with an apartment overlooking the beach, and he gained a friend in the process.
It all started with a simple comment, “Tim, a friend is in the process of planning a new food enterprise in the Caribbean and needs help. Why don’t you call him?”
Tim was excited for many reasons regarding this conversation with Jim. He was then controller at a Borden facility and they were improving the business from losing more than a quarter a million dollars per month to finally making money.
Jim provided the initial phone introductions and gave Tim the contact information to Joe Melendez. It turned out that Joe and Tim had worked for the same company years before and hit it off immediately. They talked about his ideas and opportunity and he provided full access to his situation and needs. They were able to achieve many things working together including landing the Kmart snack bar business and Chili’s Restaurant contract.
Trust, Relationship, and Value
Trust was the main ingredient in gaining this referral. Jim trusted that Tim might assist his friend in the Caribbean. Joe also had a feeling of trust that his involvement would somehow help his business prosper. Those feelings of trust paved the way of the relationship and the exchange of information back and forth that resulted in success that did not come for several months after the initial introductions.
In this on-going exchange of information, they were able to find value in Tim's offerings and after a period of many months shipped the first container of product to his food company. That first cargo container turned into another and then another as they grew the business together. The millions in business did not occur overnight and they had many issues to battle and resolve together. Fortunately, the trust and the relationship stayed intact as they worked to provide service to the Caribbean food enterprise and then only the second client in the then very young company.
The most important component to gaining and then growing this piece of referral business was the trust and on-going relationship with all the contacts involved. The trust opened the door for Jim to refer Tim to his friend in the Caribbean. And the trust of Joe allowed Tim to demonstrate and add value to his food enterprise with new products and methods of doing business.
Develop relationships of trust and bring value to interested parties. This is the basis of great referral business and everyone has the ability to develop these basic skills if they so choose. It might seem too simple a formula but trust builds the path to success.
Tim Forrest Tim Forrest Consulting 620 Sea Island Rd, Saint Simons Island, GA 31522 www.timforrest.com