Perceived vs. Actual Value

career and business · principle

Labels like "trusted advisor" mean nothing to clients. Explain the invisible work you actually do every day, and that becomes your value.

The idea

Ask agents what makes them valuable and you get labels like "trusted advisor." Those are perceived values: what we tell ourselves, as opposed to what we do. As we put it in my coaching, "'Trusted Advisor' is a bad saying." Actual value is the work you do all day, and clients don't know about it. Use what you do and explain it as value. Differentiation is easy once you move from perceived value to articulating what you actually do.

How to do it

  1. Stop assuming people know what you do.
  2. Build a narrative around the most common behind-the-scenes things you do for clients.
  3. Upgrade generic offers by layering on specifics that reflect your values.
  4. When someone asks what makes you different, say less. We tend to oversell and talk too much.

Example

From our real estate coaching: "market report" is generic. "A market report sponsored by a nonprofit in that community" says something about you. "I use an open house app" becomes "I run a digital open house with remarketing campaigns to the most interested buyers." Same work, now visible.

Sources

Related frameworks

Read next

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