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You are here: Home / Small Business 101 / How smiles and thank yous pay dividends

How smiles and thank yous pay dividends

February 16, 2011 By Jim Raffel

Earlier today as I was leaving the partner business where I’d spent the last two days, I stopped to say goodbye to Betty, the woman at the front desk.

I started with a smile, and then thanked Betty for her help over the last year tracking down invoices and payments.

Betty smiled back, and said, “Thank you, Jim. Travel home safely.”

That was it: Thirty seconds to humanize the interactions we have had over the past year.

Now, we both know the person we email and fax a little better.

For a small business, collecting money can be difficult. The edge you have on the big guys is that you can humanize the process.

I learned a long time ago that the velocity of money in a small business can make you or break you. If those smiles and thank yous I spread around gain me even 10 or 15 days in the receivables report – well, trust me that’s big money for any business.

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Filed Under: Small Business 101 Tagged With: care, dividends, front desk, humanize, partner, partners business, pay, paying dividends, relationship, saying thanks, Smile, smiles, thank yous

Comments

  1. Raul Colon says

    February 16, 2011 at 12:50 pm

    Jim,

    I have to agree with you. Being human is key and taking that extra time to talk to people either 30 seconds or 5 minutes can mean a world of difference when you need to get a hold of someone.

    best regards,
    Raul

    • Jim Raffel says

      February 17, 2011 at 4:24 pm

      Raul,
      I know the extra time is not something that everyone agrees with but for me it works. I’m all about doing business with people I like, respect and trust. I’ve done it the other way and it just turns out to be too much like work. ๐Ÿ™‚
      Jim

      • Raul Colon says

        February 18, 2011 at 1:26 am

        I worked at KPMG LLP in Manhattan spending that extra time with the Security guard downstairs made the CEO of KPMG Know me on a first name basis since he was one of the only few in the huge building to stop and talk to the security guard like I use to do every morning…

        It was actually funny how many people tried to get the CEO’s attention and just because I had time for everyone the CEO always had time for me.

        • Jim Raffel says

          February 20, 2011 at 11:52 pm

          At the end of the day isn’t every business a people business?

  2. Tim Murphy says

    February 16, 2011 at 2:14 pm

    Totally agree. Amazing how far you can get with just being nice and smiling. So basic, but often overlooked. Plus, it’s just the right thing to do. Be nice! : )

    • Jim Raffel says

      February 17, 2011 at 4:25 pm

      Tim,
      Nice is either amazingly easy or – depending upon the day you are having – amazingly different.
      Jim

  3. Pattibslp says

    February 16, 2011 at 5:48 pm

    Jim, at an educational seminar I went to years ago, a businessman spoke about an interview he had with a potential employee. This guy had the job in the bag. That is until he drop a piece of paper and the interviewer picked it up for him. This person did not say thank you. He did not get the job. The person telling the story stated that he could teach anyone the skills they would need, He could not teach what comes from the heart. If this person had simply said “thank you” he would have had the job. He also never learned why he did not get the job. Your point is very big.

    • Jim Raffel says

      February 17, 2011 at 4:25 pm

      Wow! – powerful story about the importance of basic human kindness.

Trackbacks

  1. Tweets that mention How smiles and thank yous pay dividends - a little story from yesterday. -- Topsy.com says:
    February 16, 2011 at 9:06 am

    […] This post was mentioned on Twitter by Jim Raffel, ApplyMate.com. ApplyMate.com said: RT @raffel: How smiles and thank yous pay dividends http://ow.ly/1s30W8 – a little story from yesterday. […]

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