by admin on February 8, 2010
Following our discussion of the words we use to ask for money…
Some of your discomfort around asking for money may come out of the words you’re using. Being less than direct can make you feel like you’re trying to put one over on the person on the other side of the table. You may also be afraid that the words you’re using make you sound (or feel) like a sleazy salesperson.
This fear may actually arise from a lack of self-confidence or self-esteem, and be exacerbated by your discomfort with the words you’re using. Belief in your own value, coupled with deep-down passion about what you’re asking for, allows your own light of confidence to shine through. A clear definition of the value you bring (or the value your organization provides, or the value of your start-up’s idea) is the critical anchor of your request for money.
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Let’s use a couple of Super Bowl ads to make this point:
Monster.com’s commercial showed that their service is so valuable they could even help a Beaver Violinist get a job.
Snickers showed their candy bar is valuable enough that it could turn a muddy, football-playing Betty White back into the young male “one of the guys”, and the tagline “You’re not you when you’re hungry” reinforced their message.
Now, if you had enough money to do your own ad, you probably wouldn’t be concerned about building your “ask-for-money” skills. For the rest of you…
Conquer the Fear of Appearing Sleazy by listing the major reason your business idea/cause/consulting practice is important to you. Use your own words–don’t try to take on someone else’s style or phrasing. If the language does not ring true for you, change it. The person on the other side of the table will always sense when you are uncomfortable, and it will make them uncomfortable as well.
Take the time now to get your major reason clear, in your own language, and in your own style. These will become the basis for all of your communications–web pages, social media, email newsletters, brochures, business plans, etc. Make yourself comfortable, and your audiences will be comfortable too.
by admin on February 4, 2010
Now, those of you that know me well may have read the title of this post with a New Yawk accent, and a slightly obnoxious attitude. Like, “Whaddya askin’ for?” And expecting it to be followed closely by, “Who wants to know?” You would be wrong.
I simply mean to get you to think about exactly what you are asking for. Especially when you’re asking for money.
Don't you really want to ask for this?
There are lots of words for money. Here in the US, we sometimes call it “moolah”, “Benjamins”, “bucks”, and “greenbacks”. We also know that when we hear those words, the speaker is referring to a pile of paper legal tender. Too often, we are way less clear when we are actually asking for some of the stuff.
We ask for “support”. We ask for “resources”. We ask for “assistance”. If we’re being slightly less nebulous, we ask for “funding”. Or we ask for “investment”. When was the last time you actually used the word “money” when you were asking for money?
Much of this obliqueness (is that even a word?) comes from our fears and discomfort around money. We’re not supposed to talk about money. We’re not supposed to ask other people about their money. We’re not supposed to volunteer how much money we make or have in our bank accounts. Why do we have these fears? Too many hypotheses to put into this post. Suffice it to say that most of us have some fear or discomfort around talking about money.
Well, here’s a new hypothesis for you. How about asking for exactly what you want?
I just heard all of you gasp.
What, you don’t want to ask that investor to actually write a check? You don’t want to tell the potential donor you need her to give you money? You’re uncomfortable asking a client to pay you dollars commensurate with the value you provide?
How do you feel when you think you're asking for money, and you get stuff like this?
Look at the flip side. Should you be frustrated when the investor wants to trade stock in her company for stock in yours? Would you happy if the potential donor gave you her nasty old office furniture instead of cash? Does your work suffer if you’re secretly thinking, “they aren’t paying me enough”?
Be clear about what you want. It makes it much easier for people to give it to you.
If you’re still uncomfortable using words like money, cash, dollars, income, revenue and profit, you might want to check out my special report: 10 Biggest Fears Professional Women Have Around Asking for Money…and How to Conquer Them! You can get it by filling out the form on the right.
Or, get yourself the newly-released How to Ask for Money Quickstart Program. Three powerful tools to help you overcome your fears, embrace your leadership qualities and ask for—and get—the money you deserve.
