Show Notes:

The art of gifting. “The gift isn’t about you. A gift, by its very nature, if you want it to move somebody’s heart, better be about the other fricking person. It better be about their inner circle: their assistant and their team and their wife and their kids and their pets. That’s the inner circle. The core of what we teach — people are like, ‘Oh my gosh, like there’s a whole science and an art to this.’ I’m like, ‘Yeah!’ Most people don’t realize they’re actually spending money to have a negative consequence with their most valuable relationships. You’re spending money to basically tell somebody that they don’t matter, that you don’t know them that well. Not a really good investment in business today.”

Give before you take. “Most people’s long game is days, not decades. And yet, if you look at most law firms, they’re building long-term, multi-decade relationships with these people — but they’re not treating them as if this is going to be a 10-, 20-, or 30-year relationship. They’re making the investment oftentimes saying, ‘What have I gotten from that person lately? I haven’t got a referral from them lately. I’m not sending them a gift.’ And I’m like, you have it backwards. If you love on people and inspire them, then they’ll go refer deals.”

Don’t give gifts like everybody else. “Most of the people that are listening to this podcast probably don’t have an issue with retention, but most of them suck at getting referrals. The reason is because they don’t have an intentional strategy about how they’re showing up to the relationships. They’re doing the same thing as all their competitors: dinners, rounds of golf, all that stupid stuff. It’s fine, but it’s table stakes. It’s like only taking care of your wife on Valentine’s Day and her birthday and anniversary. You don’t earn brownie points for showing up on Valentine’s Day. You earn brownie points with a relationship by showing up on random Tuesday with a spa package. It’s the same thing in business. If you want to build relationships, you have to be different from your competitors. Gifting is the one thing that people are like, ‘Oh, that seems weird. It seems woo-woo,’ and I’m like, ‘Great.’ If everybody was a great gift-giver, it would just be marketing noise, but because most people suck at it and are uncomfortable with it, they avoid it. I’m like, that’s awesome. We’ll work with the two percent of people that get it and will crush all of their competitors, because nobody is doing this.”

How to get referrals without asking. “Referrals should be something that naturally happen. In the end, what we really talk about is active loyalty versus passive loyalty. Most people think if they retain a client, that’s loyalty, but we’ve all had employees that have stuck around and they were loyal, but we actually wished they would have left. They’re actively disengaged. But a loyal employee or a loyal client or a loyal center of influence or referral partner is somebody that doesn’t just say if somebody asked them, ‘Hey, what law firm do you use?’ When you have an actively loyal relationship, they’re going out of their way at dinners and golf outings and looking for an opportunity to bring your name up, even if it’s a little bit awkward or uncomfortable.”

Great gifts come from the heart. “I think there’s this uncomfortableness because it’s sometimes difficult with relationships to say what caused that referral? What caused that loyalty? What caused that engagement? You can’t be an a**hole and then give great gifts and think everything’s going to be okay. The idea that you need to be a giver is a heart-set and a mindset. In fact, I tell people all the time, unless you’re willing to commit to this for three years, don’t do it. Because if you show up as Daddy Warbucks on this gift and then go back to being an Ebenezer Scrooge, you’re going to look like a douchebag. You’re going to actually spend money to have people be like, ‘Oh, that was just a tactic. That’s not who he is. That’s not who she is.’ There’s no question that if you are going to play the long game in decades, then this could work for you because you’re going to year-in and year-out invest in your relationships.”

What to give to someone who can buy anything. “The reason it’s so important to be unique, useful, to include the family, and to be best in class is it’s super hard when you’re dealing with affluent people to give them something that they’re actually going to do and keep and honor. That’s the reason that, to this day, the silly knives are one of our most popular gifts. If I can get something on somebody’s kitchen countertop — the hub of their house where they break bread with their family and friends — if I can get something on that countertop that they see every single day and maybe use two to three times a day for the next decade, that’s like 3,600 to 10,000 impressions. Why? Because I was able to get something on some of the most valuable real estate on the planet: somebody’s kitchen countertop.”

What does being a game changer mean to you? “I kind of view life in some ways as a game. I want my life to have mattered. So to me it’s like leaving my mark in that dash between when I was born and when I died. Whatever I do, I want to do it 110% and go all-in or not do it at all. Sometimes, I struggle with that. I’m not perfect at it, but for me, if you’re going to gift, gift like it matters. If you’re going to be a parent, parent like it matters. If you’re going to be a business owner, be purposeful and serve your employees and change the game in whatever way you can — but go all-in. Early on, I saw my mentor live his life this way, which was giving more than was reasonable, giving more than was necessary. And when you show up and you give more than you need to — whatever that is: effort, generosity, gifting, or love — good things happen.”

RESOURCES & REFERENCES
Davy Crockett
Daniel Boone
Cutco Cutlery
Nature Sunshine
Rolex
Facebook Ads
Bourbon
The Five Love Language by Gary Chapman
Bose Headphones
iPad
Cutter & Buck
Nordstrom
Bed Bath and Beyond
Williams Sonoma
Seiko Watch
Apple Watch
Gary Vaynerchuk
Ritz-Carlton
Motel 6
Opus One
Lewis Howes
Southwest Airlines
Starbucks
Daddy Warbucks
Ebenezer Scrooge
Giftology by John Ruhlin
Goodwill
Vitamix
Tony Robbins
The Notebook
Ryan Gosling
Rachel McAdams
NASCAR
Shawshank Redemption
FBI
Romeo and Juliet
Oprah