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Practical Eloquence Blog

Persuasive communication

Max Cred: How to Build and Preserve Personal Credibility

trustUnless you’re a dictator, hermit or independently wealthy, a lot of what you need or want to do in life depends on your personal credibility, because of the simple fact that you have to get things done through other people. Especially if you work in a large organization, your most precious asset is your personal credibility.

Every speaker wants the audience to believe them: what they say and how they feel about the topic at hand. This can be easy to achieve for low-stakes, mundane topics, but it can be very difficult to achieve when asking someone to take a risk, expend a large cost, or change deeply-held beliefs. That’s when you need every advantage you can muster to compel belief.

Credibility is critical because:

  • Most proposals aren’t “provable” based only on facts, so decision makers will rely to some extent on how credible you are in making your case.
  • It allows you to punch above your weight class by giving you influence above and beyond your job title.
  • It puts you in better control of your fate.
  • It puts you in better control of the actions of others.
  • It makes you worth listening to.
  • It’s efficient, because you don’t need to spend as much time and effort to convince others. You get fewer questions and micromanagement.

What does max cred look and sound like?

Your credibility level can range from zero to max, and of course it depends on the situation or the topic at hand. What does max cred look like? When you open your mouth to speak in a meeting, everyone else stops to listen, like in the old E.F. Hutton commercial. What does max cred sound like? When you say “Because I said so”, or some more tactful variant of that phrase, it’s treated as hard data.

In my own work, credibility is critically important. A major part of my work is teaching professional salespeople and the rest usually involves teaching engineers, who can be deeply skeptical and data-driven. Salespeople can be a tough audience because they’ve been through tough challenges and generally need healthy egos to weather the constant storm of rejection they face. They want to know that whoever dares to teach them something new has carried the bag, has experienced the same difficulties, solved the same problems, and had the same or greater success.

My biggest fear with any audience is being unable to gain, or not being able to keep, credibility, and this was especially so in my early years of training. When I began my sales training career, I had two disadvantages to start: First, I came from a financial background, where although I did have to sell financial services, I did not have the same type of experience as the high-tech salespeople I was working with. Second, I was fairly young, and was training people with far more grey hair and more experience. I was perhaps overly conscious of my perceived lack of qualifications, so I had to figure out ways not only to quickly get up to speed but to survive until I got there.

While I made plenty of credibility mistakes in the early years, over time, both through learning from those mistakes and through my successes, plus a lot of reading what the top experts have to say about it, I’ve uncovered ways to develop and preserve max cred.

What is credibility?

Aristotle, the original and still unquestioned greatest teacher of persuasion, defined credibility as a positive answer to the following three questions:

Does the speaker have good sense? (Does he or she know what they’re talking about?)

Does the speaker have good character? (Is he or she honest?)

Does the speaker have goodwill? (Care about the interests of the listener?)

As you’ll see in upcoming articles, I agree with these three questions, but with all due respect to the master, credibility is not really about something you have, or a trait you’re born with. It’s something that’s given to you by your audience, in how they answer those questions. You can have all the goodwill in the world, but it won’t count for squat if the audience doesn’t perceive it that way. This is an important distinction because it makes you realize that every situation is different, and that you have to work to establish belief in the minds of your audience every single time. Just when you begin to take it for granted, it can be destroyed in an instant. It actually exists outside of yourself; it’s something that others give you or withhold because of credentials you’ve earned, what you say or do, and how you say or do it.

That allows us to break down the mystery of credibility into specific elements which can be improved or strengthened with preparation, practice, and skill. I will cover the elements of credibility in subsequent articles in this series, including:

  • Credentials
  • Content
  • Clarity
  • Confidence
  • Strategic Credibility Strategies
  • How to Instantly Lose Credibility
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Book reviews - Presentations Books

Book Recommendation: The Startup Pitch by Chris Lipp

startup pitchWhile I specialize in sales and executive level presentations I’ve always had a spectator’s fascination with startup pitches, because of their high stakes, no-nonsense audiences and emphasis on brevity. That’s the reason I read The Startup Pitch: A Proven Formula to Win Funding, but the reason I’m strongly recommending it is that the author is an expert who has can talk the talk very clearly but has also walked it. It also doesn’t hurt that the principles he advocates—such as understanding your audience, the value of structure and clarity, the relative unimportance of the slide deck, etc.—align with the ones  I constantly preach.

Lipp’s formula is simple. He says investors are just looking for two simple things: low risk and high return. Your pitch needs to prove you can deliver those two simple things, and that means covering four essential points, in order and without fail:

Problem: What is the problem you’re facing or the trend you’re exploiting?

Solution: What’s your unique solution and what are its benefits?

Market: What’s the potential market and how will you capture it?

Business: How will you profitably get, keep and grow customers?

While the four point formula covers the reasoning behind your pitch, you need to add what Lipp calls four major elements of influence: credibility, audience value, data and story. These elements are similar to what you will find in many presentation books, including my own, but the book is chock full of real life examples from actual pitches, both successes and failures. These examples make the book an interesting read but more importantly make it credible. In fact, Lipp consistently demonstrates his own principles by effectively using his own elements of influence throughout the book.

Especially interesting is the chapter on delivery, which shows that the word “pitch” is actually a misnomer, because the best ones are actually dialogues.  Investors want to know if you are someone they will be able to work with, so they will pepper you with questions and then assess your openness, willingness to listen, and poise under pressure. You have to be open to questions without losing your flow, and that takes preparation and tons of practice—an hour per minute of pitch.

After having absorbed Lipp’s formula, I can imagine  his pitch to sell the book idea to a publisher: Entrepreneurs go through many difficult challenges, but few obstacles are as daunting as the pitch to raise money from investors. The typical venture capitalist may hear 750 pitches a year and invest in only three. The solution, after much hard experience, analysis of successful pitches and talking to top VCs, is the formula outlined in this book. There are tens of thousands of potential buyers entering the market every year; that’s if you only count entrepreneurs, because others can also benefit. People will buy the book for its promise and recommend it to others because it will work for them.

You don’t need to be a starry-eyed entrepreneur to benefit from this book. If you make high stakes presentations to tough audiences, I strongly recommend it.

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Uncategorized

Everybody Is Ignorant

grimace“Everybody is ignorant, only on different subjects.”

Will Rogers

This quote came to mind today as I was conducting a personal coaching session for presentation skills. My client, who is an engineer by training who manages teams of engineers in disparate disciplines, and in presenting to them or to senior managers (almost all of whom are also highly technical by background), he gets nervous because he knows he’s going to face some detailed technical questions that he can’t answer satisfactorily. In effect, he’s afraid of seeming ignorant.

I reminded him that everyone in that room is ignorant, only about different things. The days are long gone when anyone can be an expert in everything, so there’s no shame in admitting ignorance. If you go into a presentation or a meeting determined not to show ignorance, you will be called out. There’s no shame in saying “I don’t know”, and then either offering to find out (unless it’s an irrelevant question that was only posed by the questioner to show how smart he is), or passing it on to a team member for an answer.

Before your presentation, plan ahead for the knowledge level and particular interests of audience members so that you can bring support for questions outside your area. You might also find it helpful to set some ground rules up front, letting your audience know the boundaries of your expertise.

The key is to be totally honest about your own ignorance. This starts with being honest with yourself, which is not as easy as it sounds. As Richard Feynman said, “The first principle is that you must not fool yourself—and you are the easiest person to fool.”

It’s nice to be self-confident, but remember that most people overrate their own abilities, and the most ignorant are least aware of it. It’s called the Dunning-Kruger Effect, and its corollary is that people with high competence tend to underestimate their ability, because they know how complicated the topic really is.

So if you’re afraid of seeming ignorant, you probably have less to fear than you think, and those who think they have it locked maybe should be a little more afraid!

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Presentations

Take the Temperature of Your Audience to Figure Out Your Presentation Goal

thermometersIn my last post on presentations, I cautioned against taking a one-size-fits-all approach to presentations, and suggested that you should adjust the relative length of different sections depending on the audience’s relationship toward the situation. When it comes to selecting your goal for the presentation, the same idea applies.

While the ideal would be to get your sale closed or your project approved in every presentation, that’s not realistic. There’s a certain thermodynamics to persuasion, in the sense that the audience’s attitude has to reach a certain temperature before they will act. The presenter is responsible for supplying the necessary heat (emotion) and light (logic) to raise the temperature.

It’s also important to keep in mind that you can sometimes cause problems by trying to raise the temperature too fast. People need time to adjust to new ideas and if they are pushed too hard too early they may shut down or strike back.

Favorable audience

A favorable audience may range from lukewarm to hot, but you’ve got to get them to boil over to take action. There are three possible goals with a favorable audience. First, you might want to strengthen their support, either to reinforce attitudes already formed or to recommit to previously agreed changes. If they’re in favor but don’t have the authority to make it happen, you have to arm them with arguments and information to sell your idea for you. If they need a push, you have to inspire them to take action. Regardless of which your goal is you should have some specific measurable agreements or actions you expect to judge whether you achieved your goal.

Neutral audience

If your audience is tepid, your goal depends on why they’re neutral. If they don’t know about the situation, you have to inform them. If they know about it but don’t see why they should care, you have to get them to agree to the consequences or costs of inaction. If they know and care, but haven’t decided on what to do or choose, your task is to gain agreement that your alternative is the best.

Unfavorable audience

When the audience is cool or even cold to your proposal, they are unlikely to become strong supporters after just one presentation. You have to be realistic in your goal: you might be able to nudge the needle into neutral, or get them to agree not to stand in your way, or at the very least continue to keep talking.

Of course, all this begs the question that you have to do some legwork before the presentation to find out the attitude of the audience. It’s further complicated when different attendees may have different views, in which case it helps to know who the decision makers and important influencers are. That’s why it helps to have a champion or coach to act as your guide. Just don’t charge in blindly with a one-size-fits-all goal.

 

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