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475: 50x Your Revenue By Focusing on ROR (Return on Relationships) with John Ruhlin

475: 50x Your Revenue By Focusing on ROR (Return on Relationships) with John Ruhlin

FromBiggerPockets Real Estate Podcast


475: 50x Your Revenue By Focusing on ROR (Return on Relationships) with John Ruhlin

FromBiggerPockets Real Estate Podcast

ratings:
Length:
76 minutes
Released:
Jun 6, 2021
Format:
Podcast episode

Description

You wouldn’t think that a farm boy from Ohio would be spending hundreds of thousands if not millions on expensive clothing, high-priced whiskey, and expensive knife sets, would you? Only, he’s not buying these things for himself, he’s buying them for his clients, many of whom are some of the biggest names in business and entertainment. What does John Ruhlin from Giftology see in gift-giving that we don’t?First, John realized that giving regular corporate gifts, like a stress ball or a free pen, wouldn’t cut it when trying to build long-term relationships. He even went as far as to get courtside NBA tickets paired with a $500 steakhouse dinner to get Cameron Herold (a past guest of ours) on his team, only to find that Cameron was severely disappointed. So he started turning up the personalization of his gifts.Now, John sends out personally engraved knife sets, world-class food and wine pairings hosted by the best sommelier in the country, and video messages sent in physical boxes (seriously). He’s discovered the art and the science behind gift-giving and wants everyone to know what is, and isn’t an appropriate gift. As he puts it, you need to focus on your ROR (return on relationships) more than your ROI.In This Episode We Cover:The gifts you SHOULD NOT give to those you want to impressFocusing on ROR (return on relationships) as opposed to ROIHave a “relationship plan” in place for clients, employees, and partnersUsing personalized gifts to stick out from the competitionTaking a warm lead and turning it into a burning fire The best gifts to give based on the occasion, timing, and relationshipAnd So Much More!Links from the ShowBiggerPockets ForumsBiggerPockets Pro MembershipBiggerPockets Youtube ChannelBrandon's BiggerPockets ProfileBrandon's InstagramDavid's BiggerPockets ProfileDavid's InstagramBiggerPockets Podcast 467: #1 NYT Bestselling Author Adam Grant on the Need to “Think Again”BiggerPockets Podcast 451: Stop Chasing the “False Summit”: Have Better Relationships and Results with Michael HyattGoBundanceOpen Door CapitalGiftology WebsiteClick here to check the full show notes: https://www.biggerpockets.com/show475See Privacy Policy at https://art19.com/privacy and California Privacy Notice at https://art19.com/privacy#do-not-sell-my-info.
Released:
Jun 6, 2021
Format:
Podcast episode

Titles in the series (100)

Imagine you are friends with hundreds of real estate investors and entrepreneurs. Now imagine you can grab a beer with each of them and casually chat about failures, successes, motivations, and lessons learned. That’s what The BiggerPockets Podcast delivers. Co-hosted by Brandon Turner and David Greene, this podcast provides actionable advice from investors and other real estate professionals every week. The show won’t tell you how to “get rich quick” or sell you a course, boot camp, or guru system; instead, the BiggerPockets Podcast will give you real strategies that work for real people. Start listening and join the over one million members who are learning to invest so they need Bigger Pockets! Visit biggerpockets.com, and follow Joshua Dorkin @jrdorkin, Brandon Turner @BrandonAtBP and David Greene @DavidGreene24.