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Stesso

Activate Your Expert Network

1:53
4:26
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At 1:53 in

What the BIG Companies Do -That you're MISSING

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What happens here

The speaker illustrates the benefits of a strong network with a personal anecdote: when his accountant (represented by the baseball bat car) advised him to spend $100,000 quickly, his banker (represented by the Angry Birds car) readily provided the loan the very next day. Similarly, when new equipment required insurance (represented by the McDonald's car), his insurance agent directly contacted the sellers to handle the details, eliminating the need for his direct involvement or even calling his lawyer (represented by the Volcano car). This demonstrates how established relationships can lead to proactive support and expedited solutions during critical business moments.

Goal: Utilize established relationships for critical business needs.

Tools and materials

  • Accountant — Providing critical financial advice and needs assessment
  • Banker — Facilitating financial transactions and lending
  • Insurance Agent — Managing business insurance needs and directly coordinating with vendors
  • Lawyer — Providing legal counsel (in this example, not needed due to strong network)
  • Emergency Financial Need — Demonstrating the benefit of quick financial access
  • New Business Equipment — Illustrating the need for rapid insurance coverage

What they say

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was December 14th my accountant let's say it's the baseball bat says to me Stan and this is a true story you need to spend $100,000 really quick so what do I do I call up my banker The Angry Bird's car and said can I borrow $100,000 cuz I just don't have that kind of cash lying around on December 15th the next day my banker The Angry Birds car calls me back and says I have your $100,000 ready and would you like to go out to lunch that's the power of a special relationship now I have to go out and buy a whole bunch of equipment and I can't even take it home without insurance my McDonald's car and so I call up my insurance agent and over the phone she gets the she gets the information she needs not through me she calls the people I buy the equipment from and handles the whole thing so I know and I'm going down the road I'm safe and secure now in this case I didn't even have to call my attorney because the other three members that's the volcano car had taken care of everything for me that's the power of relationships but let me tell you something about my volcano car attorney Joe Phelps friend of mine met him a year ago now many people really wouldn't

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