CAPITAL: Add Value

adding value · framework

The second A in CAPITAL. Make each touchpoint meaningful, relevant and valuable, size it to the relationship, and deliver it personally, by connecting, by hosting or by broadcasting.

The idea

By this point in CAPITAL you've gathered your sphere, prioritized it, learned about people and found a reason to reach out. Then comes the freeze: what do I say? I'd rather you ask a different question: what value can I deliver? People do business with people they know and people they find valuable, and value is what builds mindshare. The bar rises with the size of any future ask. A wave on the street takes very little. Being remembered when they need your service takes more. Asking them to put their reputation on an intro for you takes the most.

How to do it

  1. Decide how you want them to feel when it arrives: appreciated, seeing you as an expert, wanting to call.
  2. Use what you learned about them (the I in CAPITAL) to make it personal.
  3. Size the effort to their priority. See Match Investment to Tier.
  4. Pick the format: one-to-one, an introduction, a gathering or a broadcast. Start one-to-one.
  5. Figure out what everyone else does here, then do something different.
  6. Press Send. Something beats nothing.

Example

Elan and I were in the same loose circles in college, nothing more. The day before a trip to Chicago, I emailed him that I'd be in town and asked if he wanted to say hi. I swung by his office for a few minutes. Months later he visited DC, I mentioned a couple of hires we couldn't fill, and he introduced me to the perfect candidate, someone I'd never have found otherwise. My business looks different today because of an email I dashed off while packing.

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Read next

By Zvi Band. Newsletter: Your Network Starts with You. Book: Success Is in Your Sphere.