đ DAILY BOOK SUMMARIES đ đ DIRECT FREE E-BOOK DOWNLOAD LINK AVAILABLE â https://drive.google.com/file/d/1NRNi1ScMe84b50nUrU5W0Cp4a23UFrUE/view?usp=drivesdk đ„ The Trusted Advisor đ„ đ 20 Lessons đ âš By David H. Maister âš 1. Trusted Advisor âą A trusted advisor is someone who builds strong, long-lasting relationships with clients based on trust, competence, and ethical behavior. 2. Trust as the Foundation âą Trust is the foundation of any advisory relationship, and it must be earned through consistent, reliable, and valuable interactions. 3. The Trust Equation âą The Trust Equation is made up of credibility, reliability, intimacy, and self-orientation, where credibility and reliability build trust, while intimacy and low self-orientation strengthen it. 4. Credibility âą Credibility refers to the perceived expertise and knowledge the advisor has in their field, which is crucial for building trust. 5. Reliability âą Reliability is about consistency and dependability, showing that the advisor can be counted on to deliver as promised over time. 6. Intimacy âą Intimacy refers to the emotional closeness between the advisor and client, ensuring that the advisor understands the clientâs needs and concerns. 7. Self-Orientation âą Self-orientation involves the focus the advisor places on themselves versus the client. A lower self-orientation is crucial for earning trust. 8. Building Relationships âą Building strong relationships is about developing genuine rapport, showing empathy, and being attuned to clients' needs beyond just the business aspect. 9. Client's Best Interest âą Trusted advisors always act in the client's best interest, putting the clientâs needs ahead of their own, even when it may not lead to immediate profits. 10. Listening and Understanding âą Active listening and truly understanding the clientâs issues, challenges, and goals is key to being an effective and trusted advisor. 11. The Role of Expertise âą Expertise is important, but it must be paired with a deep understanding of the clientâs unique situation to offer real value. 12. The Importance of Integrity âą Integrity is essential for a trusted advisor. Clients must feel confident that the advisor is honest and will act ethically at all times. 13. Managing Client Expectations âą Managing client expectations is crucial, ensuring that promises are kept and that the advisor communicates any limitations upfront. 14. The Personal Touch âą The best advisors go beyond business, taking a personal interest in their clientsâ well-being, which fosters deeper trust and loyalty. 15. Building Trust Over Time âą Trust is built over time through continuous actions that show competence, reliability, and ethical behavior, rather than one-off successes. 16. Handling Difficult Situations âą A trusted advisor can handle difficult situations or conflicts with grace, offering solutions that put the clientâs interests first.
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