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88: The Power of Mirroring Clients' Words

88: The Power of Mirroring Clients' Words

FromThe Human Side of Money


88: The Power of Mirroring Clients' Words

FromThe Human Side of Money

ratings:
Length:
22 minutes
Released:
Jul 14, 2023
Format:
Podcast episode

Description

There's one communication technique in the skill set of FBI hostage negotiators that stands above the rest. One they describe as being the closest you'll get to a jedi mind trick. It's called "mirroring". And, here's what it does in conversation: Facilitates bonding and trust Creates connection and empathy Buys you time to regroup your thoughts Gets someone to open up (and keeps them talking) So, how can you use this in conversations with prospects and clients? In this episode, we'll look at: The biological and psychogical reasons that mirroring is so powerful Why servers who mirrored customer's orders got higher tips Two ways to starting mirroring words with prospects and clients The featured partner for this episode is Knudge, an automated system to help clients actually follow through on their tasks and reach their financial goals. *For more resources discussed in this episode --> Check out the show notes *For more resources and insights on mastering the human side of advice, go to www.wiredplanning.com. *Follow Brendan for insights on mastering the human side of advice: Twitter LinkedIn
Released:
Jul 14, 2023
Format:
Podcast episode

Titles in the series (100)

The Human Side of Money delivers actionable ideas and strategies to equip financial advisors with the skill set they need to master the human side of money. Whether you've been providing financial advice for 40 days or 40 years, it's evident that technology is shifting your value away from simply picking investments and providing financial plans. The future of advice will hinge on your ability to guide clients through the process, unearth their values and emotions around money, and ultimately, change their behavior for the better. Join your host, Brendan Frazier, as he interviews fellow financial advisors, industry consultants, and experts in the fields of behavioral finance, psychology and communication as they share everything you need to know to master the human side of money!