Monday, March 23, 2020
Know, Like, Trust The Key to Creating Your Competitive Advantage - Introvert Whisperer
Introvert Whisperer / Know, Like, Trust The Key to Creating Your Competitive Advantage - Introvert Whisperer Know, Like, Trust: The Key to Creating Your Competitive Advantage Why does one kid get picked first for playing a game at school? Is it because theyre the most popular? Is it because theyre the best at playing the game? Yes to both. Why does this same person always get picked first, or is at least among the first to be picked? Because they have a competitive advantage. Understanding what it takes to create a competitive advantage for your career is important. Just like getting picked to be on a team, you want to be picked for promotions and opportunities. You want to be one of those people other people think of when they want to have âjust the right person. That person could be you. (Like this thought? Tweet it!) What Is a Competitive Advantage? Businesses talk about competitive advantage all the time. As a manager of your career, you can learn from their thinking on this topic. In a business setting, a competitive advantage is a condition or attribute that allows the business to outperform or in some way distinguish itself from the competition. Some examples: Starbucks competitive advantage is clearly that they are everywhere. You can argue their coffee is the competitive advantage, and maybe it contributes, but itâs hard to compete as a coffee retailer against Starbucks, who is located in grocery stores, department stores and is on every other block in some cities. Definitely a competitive advantage. Apple has maintained competitive advantage by being the first to innovate a graphic user interface followed by various forms of computing ranging from cell phones to tablets to laptops and computers. Other companies have been running this past decade simply to try to catch up. In other words, a competitive advantage can be as simple as being the first one to do something, the one to offer the best price, or a combination of alluring attributes. If we look at the example of the kid getting picked first, this kid was well liked and had a noteworthy skill set. Itâs possible their advantage could have been just one of those two attributes. When you look around you, who has the competitive advantage, and what is it about them that has created this condition? If you answered, âBecause the boss likes them,â you might think that situation is a complete mystery, but itâs really not. Sure, the boss might really like them, but theres a reason for this, and you can do a lot to ensure the same status for yourself. If youve ever heard of the term know, like, trust, it can help you form your plan for creating a competitive advantage. (More about that in a minute.) Why a Competitive Advantage Is Important for Introverts Iâm sure youâve noticed the cultural âdarlingsâ are the extraverted people. Theyre certainly more noticeable and the standard all of us are measured by. For us Introverts, we donât have this built-in competitive advantage. We have to work a bit harder to simply keep up with others, much less stand out or have any competitive advantage. If youve failed to help others understand what makes you distinct from those around you, you are failing your career. You may also be failing those people because they canât use or benefit from your capabilities. Failure to create a competitive advantage means you will not get ahead, not get promotions, will struggle with the job search and will feel completely under-appreciated. You could add lost income to this list because if youre slow to get promoted, you will be slow to get increases in your paycheck. Any one of these issues is significant enough to warrant your attention, but most people who donât create competitive advantage for themselves suffer from all of these problems. I might add that when youre repeatedly facing these problems, it will ultimately change who you are. Itâs hard to stay positive and enjoy life when the biggest part of how you spend your time is deflating you each and every day. Now, back to the whole concept of know, like, trust The Anatomy of Know, Like, Trust 1. Know Once again, we can learn from business concepts and apply them to our career. Keep in mind itâs people who do business with people, which means this concept is really all about how people relate to each other. This first part of this equation (know) is about helping other people to know you. You need to help other people understand your skills, your strengths and your values. This is the recipe for what makes you unique. Aside from simply knowing that juicy list of attributes, we all want to know whatâs in it for me? Yes, we are all self-centered, as much as we try to deny it. The people you come in contact with, especially at work, need to know how you can help them. If you havenât educated those around you, you will get ignored and, from there, the whole cascade of issues I mentioned previously will be your reality. The reason you must start this process with know is because until someone understands what you bring to the party, itâs impossible to like or trust you. 2. Like Think about this for a minute: What kind of gravitational pull does someone have when you donât like them? How supportive are you of them? More than likely, you run the other way to avoid people like this. You are not likely to do anything to help or support a person you donât like, much less do anything other than the bare minimum to interact with them. Even if you donât dislike another person and are neutral about them, these same questions apply. No one goes out of their way to support or help another person who is a blank slate to them emotionally. All of this means there is good reason to have someone like you and become emotionally invested in you (and vice versa). Itâs also important to point out that when you like someone, youre more apt to pay attention to them and cut them some slack when they mess up. We become more invested in people we like and want to see things go well for them. This doesnât mean you have to set out to turn everyone into your BFF, because that wouldnât happen anyway. It simply means that as you help people to know you, you should also be engaged in finding a real connection with them. 3. Trust Trust is a foundational characteristic of all successful relationships. It is the reliance we place in another person based on their integrity, strengths, values and reliability. When you canât trust another person, you inherently question their motives and behavior. Your distrust becomes the lens through which you view them. It is possible to like a person but not trust them, which is why your competitive advantage must be founded in all three characteristics. If only 2 of the 3 exist, you really donât have the conditions necessary for forming a competitive advantage. People can know, understand and take advantage of your skill sets, but if they donât like or trust you, they will stop short right there. They wonât refer people to you, they wonât make a case for promoting you and theyll have second thoughts if opportunities crop up for which youre qualified. Trust can be a very fragile thing as it can be destroyed by only one bad act. Restoration of trust takes time and consistent behavior to restore and, even then, can be not fully rebuilt. How to Create Know, Like, Trust (and Build Your Competitive Advantage) You have complete control over how this should be orchestrated. Heres how to do it: Creating Know Communication â" This isnt always a strong suit of Introverts, but you can still mater it. Its really about looking for opportunities to update, share and help others. You donât have to turn into a blabbermouth, but you do need to freely offer up information and make it easy for others to get it from you. Focus â" What you focus on is how people come to know you. If you want to be known a certain way, then focus on that thing by talking about it and doing whatever it is. For instance, if you want to be known as a social media guru, then learn it, do it and help others to do it. Consistency â" If you only occasionally do the other two items, people wonât know what to make of you. You have to be consistent. Being consistent also is foundational to building trust as it shows others they can rely on you and know what to expect. Creating Like You might think liking someone is magical or organic, and while that does take place, it also has certain qualities you can replicate. People are more attracted to other people and like them when you: Are warm and inviting. Smile at others; it shows that you re open and friendly. Are humorous. People like people who have a good sense of humor and can easily laugh and enjoy life. Look at them. Itâs hard to feel a connection with someone who really wonât look you in the face. Show interest. Strange how this works. People like people who like them. The best way to show interest is to ask questions and become engaged with the person youre talking with. Find commonality. When youre asking questions, look for points of commonality between you and the other person. Itâs easier to engage with someone when you have a few things in common. Obviously, you have work in common already itâs your job to find other things as well. Support them. When you offer to help someone, especially with your skills, it not only reinforces your competitive advantage, but you build an all-important relationship. Creating Trust Assuming you got the message about consistency, youve probably begun to established trust with other people at work. This, of course, assumes youre a person who operates with integrity and honesty as their core values. The biggest challenge you have now (which might not be that much of a challenge for you) is to do nothing to mess up that impression. In Summary Know, like, trust is the backbone to your competitive advantage and you need a competitive advantage if you are to succeed in life and in your career. (By the way, these same pearls of wisdom also apply to our Extraverted counterparts out there, but donât share this with them. Use this advice as your own secret weapon, saved only for the Ambitious Introvert.) What steps can you take to create know, like trust and build your competitive advantage today? Share your thoughts in the comments! Image: Flickr Go to top Bottom-line â" I want to help you accelerate your career â" to achieve what you want by connecting you with your Free Instant Access to my 4 Building Blocks to Relationships eBookâ" the backbone to your Networking success and fantastic work relationships. Grab yours by visiting here right now! Brought to you by Dorothy Tannahill-Moran â" dedicated to unleashing your professional potential. Introvert Whisperer
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