Jan. 6, 2026

Powerful Business Strategies - Cold Calling

Powerful Business Strategies - Cold Calling

Michael Barbarita of Next Step CFO and Powerful Business Strategies will discuss Cold Calling – When God wanted to punish a sales person he created the cold call, however cold calling is still an effective marketing strategy but there are ways to do it strategically.   Pipeman agrees that as much as salespeople and prospects may not like cold calling, but it is still one of the best ways to generate sales and grow your business.  

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Hi, you have done to hear sensu wow for you your.

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This is the pipe Man here on the Adventures of

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Pipe Man W four c Y Radio and we're here

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with our Positively Pipeman segment and we once again have

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our expert CFO in the house. So let's welcome Michael

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Barbarita from Next Step CFO.

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How are you excellent? Thank you for having me.

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Deane, Hey, my pleasure. So today we're going to talk

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about one of my favorite subjects, cold calling.

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Yes, so I'll start up by saying, when God wanted

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to punish a salesperson, he created the cold call. However,

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the reason why I'm bringing it up is topic is

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because a lot of people like myself started their business

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that way, and it's still a very effective way to

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communicate your product of service and to get business. It's incredible,

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but it is. It sounds awful, but it is. As

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a matter of fact, I even heard Grint Coggone on

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a couple of occasions talk about how co calling is

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one of his most effective methods of getting business. And

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so when I started my business, I didn't have any

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business at all, you know, got on the phone, started calling,

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but I did it differently. What I did is I

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identified a problem that people had, which was cash flow,

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especially at the time because I started my business around

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oh wait, during the big crash, So cash flow is

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a big issue then. So since that was a problem

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that the customer had, I put together a PDF on

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solving cash flow problems. And what I did is I

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made coke calls asking business owners if they want to

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have this free PDF that I have on solving cash

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flow problems. And of course, you know, on five occasions,

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because I got five clients from it, on five occasions,

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they went into deeper details. So what else do you do?

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So what do you do? You know that kind of thing,

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And I got into it and I sold them and

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so they became clients of mind. And believe it or not,

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this was back in eight Four of them are still clients.

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Today, I believe it.

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Yeah. And so I have probably grossed about seven or

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eight hundred thousand dollars of revenue since that time, at

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least by making those coke calls. And so you know,

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it's it. So when great Cardones started talking about how

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effective it it really is, I started thinking back to

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my you know, my situation, and not only that, you

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know clients that I have. The problem is, Dean, is

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that people spend probably twenty percent of their time staring

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at the phone knowing they have to make a coke call.

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That's where I have to stop. You're right now, right.

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I have a story about that. I was in the

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investment business, as you know, and there's more I'm going

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to talk about about that and having to do a

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cold calling from my story. But when I own the

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brokerage firm, you know, you would have in that business,

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the people that work for you are on straight commission. Okay,

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there there's no draw and there's no salary, and they

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can make a ton of money, like they can make

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twenty grand a month and more, you know, and all

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they have to do is pick up the phone. And

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in that business, that's what it is.

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It's you pick up the.

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Phone and you make three, four or five hundred dials

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a day. And so, and I'm going to talk more

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about that a little bit. But I called my dad

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one time and I'm like, man, I just don't get it.

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I have these brokers working for me. I'm giving them

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every opportunity in the world. I tell them I'll close

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the deals for them. All they have to do is

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get people on the phone, and I'll do it all

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for them, you know, to even to help them out

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to make money. And that's how people learn anyway, better

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than telling them showing them. And all they do is

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stare at the wall, and they're not getting paid. They

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could be out doing something else, and they're spending their

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whole day just sitting there staring at the wall. And

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we're talking before we had phones and stuff like that,

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so it's not even like they could be distracted by anything. Okay,

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there was nothing else they could do. They weren't even

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allowed to make personal calls because it was a landline.

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And so I called my dad and I'm like, who

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was a superstar salesperson himself? And I was like, I

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just don't get it. These people can make like twenty

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grand a month and all they have to do is pick

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up the phone and they're staring at the wall. And

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his answer to me was some of the best advice

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he ever gave me. And he said, well, if they

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were you, they would be your competition, not your employees. Yeah,

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And that made a lot of sense because basically, who

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are the people that end up in business for themselves?

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The people that are the top cold callers, not the

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people staring at the wall.

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Right, that's right, It is amazing. And you know, like

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I said, what I did is I put together a

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simple PDF based on a problem that I knew was

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help in the marketplace. And it made it easier for

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me to call because I was giving away something of value.

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And it's just so happen and that on you know,

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enough occasions people you know, people were saying, so what

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is it that you do? And we got into it

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to the point where you know, I got them as

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a client. And you know, it's funny because one of

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my clients that I co called that I still have today,

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always uses me as an example when he's talking to

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his salespeople because he had he never hired anybody off

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of a coke call. And somehow we were able to

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you know, I was, I was able to sell them in.

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But you know, it's how I started my business. And

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you know, and I'm so kind of disappointed in myself

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that I stopped cold calling because I was getting referrals

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and generating business with the strategies that we've talked about

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on the show. So you know, I it's it hasn't

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been a key area for me. But I'm really giving

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it some serious thought going back to it, because I

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believe it's very valuable. And the other thing, there is

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such a thing, and this is gonna make everybody like

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gravitate to it. I probably shouldn't say it, but there

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is this thing called ringless voicemail. And it's not as

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good as a code call, but and it's at least

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a telephone communication. And there are several CRMs that have

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ringless voicemail. The phone does not ring, but a voicemail

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is left. And so because it's hot, because I got

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to tell you this, in twenty and eighty I was

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able to reach business owners every fifth dial. Okay, today

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I'm not able to reach business owners until every twelfth

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or thirteenth dial. It's hot to reach people today. So

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that's why ringless voicemail is potentially an option, because first

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of all, it's your voice you'll leave in the voicemail,

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and but you're not using their name, which is a disadvantage.

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But it is a voicemail and it is personal contact,

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and you know, you can follow it up with an email,

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You can follow it up with a LinkedIn message. Uh,

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you can follow it up with a text. So there's ways,

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there's ways to you know, follow up to the point

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where you sound more real instead of some scamming co caller,

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especially when you follow it up with the other methods

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of communication. So that's that's really uh, I found to

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be the most effective. I've always been a believer in multimedia.

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I call it. I don't know if that's really you know,

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but it's using the telephone, using voicemail, using email, using

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LinkedIn messaging, using texting. This all makes you look legitimate.

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When you get scammy phone calls, they don't even leave

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a message. Usually yeah, you know, it's just like it, okay,

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the next dial or whatever.

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I actually get a lot of spammy's that leave me messages,

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and I'm like, that's just dumb. I think it's dumb

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because then you're just telling me you're scam and I'm

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gonna avoid it every time.

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Right, So, anyway that I wanted, I felt compelled to

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talk about probably the most fearful marketing strategy on Earth.

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Well, to me, I just want to say, real quick,

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I think it's one of the best strategies out there.

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And people, you know, once you get used to it,

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you don't hate the cold calling. It's like funny. Once

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I got used to it, I didn't like going back

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because listen in the investments, this perfect example. I used

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to buy these leads that were like two hundred dollars

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a name. Yeah, and then I also used to buy

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this lead book, a very specific lead that was the

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cheapest lead ever in the industry, like the dun and

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Bradstreet leads, and we I had some other ones like

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that ten cents a name. I made way more money

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off the ten cent a name call. And because they

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were cold calls, you were just cold calling people, you know,

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then I did on the two hundred dollars a name

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because the people that are requesting information a or lookie

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lose most of the time B the requesting information from everybody,

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and they're already prepared to say no to you, you know,

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whereas the cold call, if you handle it properly, they're

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not prepared for it.

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You know.

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One of the dumbest things I'm gonna give people advice

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right now, One of the dumbest things you could do

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when you do a cold call is within the first

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ten seconds. It's the most important. That's where you either

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catch your attention or to hang up. Do not spend

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that ten seconds saying I'm not here to sell you anything.

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Right now, you're starting a conversation on a lie. They

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know that's a lie. It's a stupid line. The other

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thing you don't want to start with is how are you?

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They know you don't give a crap how they are,

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and you're just opening up the door for them to

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say crappy And now where do you go with that?

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So that's my two major cold calling advice skills right there.

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You know.

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And you just get on with them and get straight

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to the point and be up front. They appreciate that.

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That's why I did so much business because they were

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so used to salespeople going on and like trying to

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pretend they're not selling anything, or try to pretend this

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or you know, just like you're taught when you go

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in the house to sell, to make a comment on

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somebody's artwork and stuff like that. People are free hip

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to that, and it just makes you look decent and dishonest.

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Just say hey, I'm calling you because of this period,

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and then they might listen because they're like, holy shit,

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excuse my language, but they're like, you know, oh my god,

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this must be something I listen to because he's not

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trying to trick me into it.

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Horse yet that's right, so very good. Yes, no, that's

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that's very good, very good. But I've always found it

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to be a difficult set to talk about because everybody,

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uh gets a squirre machine.

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Oh yeah, no doubt topic is brought up.

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But uh. The way to find out more about what

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we do as fractional CFOs and strategic advisors is to

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go to my website www dot NeXTSTEP CFO dot net

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to hit the contact Go to the contact page at

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the top of the website, hit the contact button, fill

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out the form, and in the message center put the

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words book into view, love to interview business owners get

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their industry perspective for the next edition of my book,

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because I'm always updating my book called Powerful Business Strategies,

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which I give away free on the website as well,

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and I'm always updating it because businesses always changed and

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we want to make sure that our strategies work for

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all different types of industry. So far they have, but

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we want to continue that process and make sure they

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still work. So NEXTTEPCFO dot net, forward slash contact, fill

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out the contact form, and in the message section put

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book interview.

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Well, they definitely need to reach out to you because

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you always have some powerful business strategies. And thank you

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once again for being part of Positively Pipemin segment. And

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thanks for being on the Adventures of Pipeman. You're on

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W four c Y Radio.

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Thanks for having me mean thank you for listening to

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the Adventures of Pipemin. I'm W for CUI Radio.