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June 9, 2010 
Volume 12 - Number 23
Streamlining the Business of Commercial Real Estate
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In This Issue
You've Got Two Ears
Sales/Marketing Tip
Hot Deals/Leads
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TOP OF THE WEEK TO YOU!
(by realwired! CEO, Brenda Dohring Hicks)BDH Photo
 
Top of the Week to You! is designed to offer the inside scoop and latest of what's important in the world of technology as it relates to the commercial real estate industry.
You've Got Two Ears
Are you able to listen or are you too busy waiting to talk?  Answer this question...most people are good at listening. Yes or no? You already know the answer.  The problem is what to do about it.  We are all starving to be heard.  In this world of constant distractions and interruptions, people who truly listen stand out.  They make others feel valued, important, and heard!  Try listening with all of your senses, and watch for the meaning or intent behind the speaker's words.  Listening includes being accessible, encouraging people to express themselves, listening with mindfulness, not speaking too much, and using verbal and non verbal language to convey genuine interest in the other person.  That said, where does taking notes and particularly electronic notes in meetings fit in?  Is there a protocol?

Here's what I know for sure...do not bring a laptop into a meeting to take notes unless you are sure it is expected.  One, you'll be instantly labeled a geek, and two, it looks like you have no intent or capacity to interact.  How about a PDA?  Pretty much the same.  I once made the mistake of taking notes on my smart phone in a six person meeting with the Mayor of our city.  No matter that I asked for permission, the mayor was uncomfortable that I was taking notes like some reporter preparing for a deadline and everyone was sure I was simply texting or answering emails.

So why doesn't it work?  It's distracting.  Taking notes is acceptable.  Taking notes is flattering.  Taking notes shows you care about the content of the conversation.  Taking notes shows you know there are follow ups and you intend to be a part of the action.  So why is electronic note taking so disarming?  Because writing with a pen is much less distracting than typing in a smart phone, PDA, laptop and yes, even less distracting than tapping away at your iPad.  Most people can write without looking down so even while taking notes you can actively watch and listen ...typing; not so good.  Remember much of what someone says is non verbal.  If you want to be listened to, you have to be good at listening.  So try not taking notes and see how it works for you.  If you want to be sure you captured the important parts of a meeting, stay a few minutes after the meeting or go quickly to a quiet place and make your notes.  Don't  put it off and you'll be surprised at the speed at which you can remember the important takeaways.

Remember that we are dealing with human beings.  Clients, subordinates, acquaintances, and other attendees crave personal connections.  I've seen very dedicated leaders lose credibility by burying their nose in their notes and never looking up, giving the impression that their notes are more important than the person speaking.  Active listening involves eye contact, non-verbal gestures, asking clarifying questions, facial expressions and simply leaning in toward the person speaking.  It all screams "You are important and your message is important to me."  The best notes in the world do us no good if we lose credibility with the people with whom we meet.

There are reasons that paper based note taking continues to thrive.  For one, it lets us draw and we all know that many times a picture is worth a thousand words...no matter how undeveloped our artistic skills are.  Active listening is a skill to be practiced.  You won't do it as well if you stay focused on the value of your notes.  For many, having a laptop, iPad or smart phone is like having a security blanket.  It's comforting to know that when a meeting takes a non-productive detour, you can turn to your device and get some things done.  You think you're being productive.  What you might be saying to others in the meeting is you feel you need to bring a blanket and pillow in case the meeting doesn't hold you captive...you'd just as soon take a nap.  That's the ultimate..."I'm really not listening", and how productive can that really be?


Remember, if you want to share some of your thoughts, it's easier now because we have a blogging component to RealWired! News.
Sales/Marketing Tip
The Great Calendar Challenge
Your mission, should you decide to accept it, will be to set an appointment and keep it. Oh, don't run. This is not an exercise in making cold calls. You don't have to introduce yourself to any threatening strangers and persuade them to listen to your sales pitch. All you have to do is write something in your calendar and when the time arrives, do what it says to do. It might be to make a phone call. It might be to write a letter. It could even be to meet with someone else, perhaps for lunch. Heck, it could be to have lunch alone.
 
You're thinking, this guy has got to be nuts. And you're probably right, but not because I'm wrong about the difficulty of keeping time commitments in modern America. You have only to live one day in this crazy business (and, indeed, personal) world to realize that you walk among the schedule zombies. We live on the planet of the calendar challenged.

Ours is a land where people join associations and never attend the meetings. Or they do show up, yet regularly leave early. Why join in the first place if other things are so much more important? Go to lunch in any restaurant. You'll see people jabbering away on their cell phones, ignoring their companions. Or, better yet, both parties are on their phones. They can both be heard saying, "Wish you were here." It seems that people are busy. We've got a lot of stuff to do. We've got places to go and people to see. The problem is that once we get there we have to see someone else. "Hey, I've got to take this call. I'll get back to you on that thing we were talking about."

Ask anyone, "What is your single biggest business problem?" Chances are good they'll tell you, "time management." There are one hundred and sixty eight hours in every week. As far as I can tell that hasn't changed recently. That's about as many hours as there ever were. There were enough hours for Edison to invent the electric light. There were enough hours for Einstein to discover relativity. There were enough hours for Bill Gates to have amassed thirty five billion dollars, and there are enough hours for him to add to that at a rather impressive rate. There's certainly more than enough time to go around.

The problem with time is that it's doled out in very small packets which have an incredibly short shelf life. And, you only get them one at a time. Get one, and zip, it's gone! Think fast. Better make this one count. In the big scheme of things not all time is created equal. The only useful time is now. Both the past and the future live only in service to the present. To be a superior time manager you have only to grasp that simple fact.

How can the future and the past service the present? It's easy. The past lets you decide where you want to go in the future. It tells you who you want to meet with and where you want to be. The present is when you make that happen. You commit, now, to yourself to take a future action based on what the past has taught you. When the moment arrives, you take the action. If you are uncertain now, then make no commitment. Just schedule nothing. But, having made a commitment, keep it. Decide and then live with your decisions. True emergencies are an obvious exception. But how many real emergencies are there anyway? The point is to learn to live with your time decisions. If you make bad ones and suffer the consequences, believe me, you'll start making better ones.

For example, suppose you schedule lunch with a friend. At the last moment a prospective customer wants to see you. The moment of truth has arrived. Break the lunch date and you've not only inconvenienced your friend but also squandered the moment when you make the decision to dine with her. Indeed, you effectively lied to yourself when you wrote the date in your calendar. What? Am I suggesting that you tell your prospect that
you're busy and they'll have to pick another time to meet with you? You bet! What's the worst that can happen? Is their time really worth more than yours (and your friends)? My guess is that if they see you as important, they'll accommodate your schedule. And when they do, of course you'll keep the appointment.

When you write something in your calendar you're either telling the truth to yourself or not. You either made a commitment or a speculation. Your life is either one of certainty or one of probability. Master time. If you'll lie to yourself, you'll lie to others. Shakespeare had it right when he said, "And this above all, to thine own self be true. And it must follow, as the night, the day, thou canst not then be false to any man."


Mark Fitzgerald, Sales Training Institute, Inc., Tampa, Florida provides this column weekly.  Mr. Fitzgerald provides both group and customized sales training for professionals and companies.  For more information, please contact him by telephone at 813-831-5555 via email at mark@saleskills.com or visit www.saleskills.com© Copyright Mark Fitzgerald, 2009, All Rights Reserved.
Hot Deals/Leads
Chao Praya Chinese Eatery trades as Chao Praya Chinese Eatery, Ichiban Japan, Fuji Express and Burgers-N-Crème at 10 locations throughout AR, KY, LA, MS, NC, OK, TN, VA and WA.  Chao Praya Chinese Eatery, Ichiban Japan and Fuji Express occupy spaces of 500 sq.ft. to 650 sq.ft. in regional enclosed malls and food courts, with expansion sought nationwide during the coming 18 months.  Burgers-N-Crème occupies spaces of 2,800 sq.ft. to 3,000 sq.ft. in endcaps and inline spaces, with expansion sought throughout the existing markets during the coming 18 months.  Typical leases run 10 years.  A vanilla shell is required.  Preferred cotenants include Dillard's, JCPenney, Macy's and Sears.  Preferred demographics include a population of 200,000 within 10 miles earning $30,000 as the average household income.For more information, contact Brian Wiley, Chao Praya Chinese Eatery, 1880 Lakeland Drive, Suite 3, Jackson, MS 39216.

Zoup! operates 21 locations throughout MI, OH and PA. The fast casual dining restaurants occupy spaces of 2,500 sq.ft. in downtown areas and entertainment, specialty and strip centers. Plans call for two openings throughout Philadelphia, PA during the coming 18 months, with representation by The Bieri Co. Typical leases run five, seven or 10 years. A vanilla shell is required. Preferred cotenants include Kohl's, Chico's, Coldwater Creek and Talbots. Preferred demographics include a population of 100,000 within three miles earning $80,000 as the average household income. The company is franchising.  For more information regarding Cosimo's Pizza, contact Jim Bieri, The Bieri Co., 660 Woodward Avenue, Suite 1500, Detroit, MI 48226.

Cosimo's Pizza operates 40 locations throughout CT, MA, MD, ME, NJ, NY, PA, RI and VT. The restaurants occupy spaces of 600 sq.ft. to 800 sq.ft. in mall food courts. Plans call for two openings throughout the East Coast from PA to VA during the coming 18 months, with representation by The Bieri Co.  Typical leases run 10 years. Major competitors include Sbarro.  For more information regarding Cosimo's Pizza, contact Jim Bieri, The Bieri Co., 660 Woodward Avenue, Suite 1500, Detroit, MI 48226.

Noodles & Co. operates 214 locations throughout CA, CO, IA, IL, IN, KS, KY, MD, MI, MN, MO, NC, NE, OH, OR, UT, VA and WI.  The restaurants, offering Asian, Mediterranean and American noodle dishes, soups and salads, occupy spaces of 2,500 sq.ft. in freestanding locations and strip centers.  Growth opportunities are sought throughout WI during the coming 18 months, with representation by CB Richard Ellis.  For more information, contact Sandy Golden, CB Richard Ellis, 777 East Wisconsin Avenue, Milwaukee, WI 53202.

Like these leads?  Want more?  Go to the Dealmakers website for a Free Subscription.  The Dealmakers, the nation's weekly news source on retail real estate.
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