The Tough Talks That Bring in the Bucks
Here’s the thing. Money is made uncomfortably. It’s a truth many owners dodge. You know what I’m talking about. Those tough conversations with clients, vendors, or even your own team. The ones that can turn a shaky deal into a solid profit.
Why do we avoid these talks? Fear? Anxiety? Let’s sit with that one. What’s scarier? Losing a job because you didn’t speak up or having a candid conversation that might lead to better margins? I don’t think it’s the latter.
Confronting the Elephant
When’s the last time you tackled a hard topic? Maybe it was pricing. Or project timelines. Or scope changes. Here’s a common pattern I see: owners hold back, thinking they’ll smooth things over later. But later never comes.
- Price discussions: Are you charging enough? Can your clients afford your services? Time to find out.
- Scope creep: Have you let small changes snowball into major headaches? Address it head-on.
- Client expectations: Are you clear on what you can deliver? Better to clarify now than later.
Stop the Cycle
Now flip it. What happens when you don’t address these issues? You end up with what I call “fat wallet disease.” You’re busy but not profitable. You’ve got a lot of work on your plate but not enough money in the bank.
That’s unsustainable. And it’s easy to fall into. I’ve seen it time and again. Owners get caught in the rhythm of volume for vanity. They chase jobs instead of focusing on profitability. That’s a slippery slope.
Be the Vendor, Not the Captor
Remember, you’re not a captor. You’re a vendor. Your clients need you just as much as you need them. But if you need them more, you lose power in the conversation. You can’t sell anybody anything if you need them more than they need you.
You’ve got to shift that mindset. Here’s another hard truth: money is made uncomfortably. The sales call is just a normal conversation. With the truth on the table. With somebody who has the authority to walk off.
What’s Your Next Move?
Here’s a simple exercise. Make a list of those uncomfortable conversations you’re putting off. Prioritize them. Then, take action. Don’t let fear hold you back. Money’s out there waiting for you. Go grab it.
Remember, the closer is at his best when the closer is at peace. Only you can create that peace through transparency and honesty.
Take Charge of Your Future
So, what’s it going to be? Keep dodging the hard talks? Or get comfortable with discomfort? The choice is yours. But know this: the more you delay, the longer it takes to see the profits you deserve.
Now, go on and take that diagnostic at kiplinglee.com/diagnostic. Your future earnings depend on the conversations you’re willing to have today.