Tuesday, 15 October 2019
Trust but Verify lagi important for People
Sharks and wolves are the same everywhere.
When they smell "blood", they'll go for the kill.
What is "blood"?
Its when they see their clients as bei kambings (wide-eyed innocents), blank sheet of papers (what people say, they believe - easy to imprint mah), or simply as fools (you know what they say about fools and their money).
MAS bans...
You'll hear the same about lawyers running off with their clients money too.
How about doctors prescribing unnecessary (and expensive) procedures or medicine just because patients got medical insurance?
In sales, we encounter it everyday.
I mean if we "fleece" or "milk" bei kambings, some of us close one eye since the silly goat still lives... (Errant doctors and car repair workshops like to milk insurance companies the best!)
But I stay clear of (and will never join) companies that sent their clients to the abattoir.
(You may want to click the MAS link above about brokerages that trade against their clients)
Its not about being cynical or not trusting people.
Its just taking the time to verify for yourself BEFORE you hand over your money.
People very strange.
They will spend time and money shopping all round Singapore just to save $50 on a home appliance or smart phone.
But when it comes to big money?
Just take my money oredi!
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Verified by those testimonials. No?
ReplyDeleteCW,
DeleteTestimonials by vested interests who get affiliated marketing income?
Or paid to write influencers?
Or completely made-up as in fake testimonials?
Or testimonials from bei kambings? Talk about blind following the blind?
Its so easy to get "positive" feedback just by asking participants to fillup a form at the end of a workshop.
People are still "hyped-up"...
What we used to do as facilitators is to send the feedback forms 1 month AFTER a workshop if we wan to know the REAL truth ;)
You'll be surprised how many will respond sheepishly they have not applied a single idea to their day job from what they have learnt...
Those who said they did we will "trust but verify" by asking for real life examples.
That would weed out 50% of the bullshitters ;)
LOL!
Don't believe?
Just ask yourself how much you have applied to our daily tasks after attending company sponsored seminars and workshops?
Exactly.
Some things not so easy to verify.
ReplyDeleteBut at least please try. If u dun verify, at least keep a open or skeptical mind. Dun Simi also hoo hoo hoo
Sillyinvestor,
DeleteI mean some of the amounts are not small.
Can handover more than $100K in premiums accumulated to an agent in cash cheques or real hard cash???
Never heard of crossed cheques in the company's name?
And how about getting an official receipt back?
Never deposited cash money into a bank before?
But then again, I susepct the victims have not worked a day in the business world so even a handwritten receipt they'll proably accept as proof of recepit...
I do serve such bei kambing innocents during my weekend sales gig.
Some are already in their 60s but have no clue they probably have been taken advantage of by everyone all their lives...
At 18 its cute; at 60 its just sad.
So many scams around! Trust but verify is uncommon so the game continues!
DeleteCW,
DeleteSadly, it will be forgotten in a few weeks and the next generation of bei kambings will step forward.
What happened to the gold trading scams a few years back has already moved to the crypto sphere.
Psst. Want to make double digits returns annually?
For health, there's HPB and public healthcare providers to advocate prevention and self-care.
ReplyDeleteFor wealth, nobody to advocate such scam prevention and self-care?
Sigh
Rainbow girl,
DeleteTo be fair, there are posters at my lift landings that warn citizens against internet and phone scams.
Then there quite a few charity scams on the streets taking advantage of Singaporeans' "innocence"...
Its a matter of priority.
The problem with "lack of sound decision making" is you can't solve it by giving out the answers.
That's making the situation worse when people don't think for themselves and always rely on big daddy to tell them what to do...
In our community, how to help those who think a stock won't fail just because its big daddy linked?
Or if this or that stock goes bankrupt, so will Singapore!
The best way is still "crash got sound"!
I'm not a salesman by profession. My limited experience with salesmanship is selling myself, like when I was trying to get a woman to buy me.
DeleteHere is what I learnt from my limited experience;
Good salesmen look for the right customer, then sell aggressively. Win-Win.
Evil salesmen look for the right victim, then sell aggressively. Win-Lose and sometimes, Lose-Lose.
hyom,
DeleteI'll share my perspective ;)
A good salesperson behaves like an intelligent woman.
Don't appear too desperate or hardup you see a man you liked.
A bit like flying the kite knowing when to pull and when to let the string loose.
Give subtle hints with both verbal and body language to encourage the man.
The best is when the man thinks he has aggressively sold and won you over ;)
P.S. There is no such thing as win-win. Its a manipulation trick used in negotiations. The person who thinks "win-win" usually is the one walking away with the short end of the stick...
That's the trick!
Let the other person thinks its "win-win" ;)
Interesting. Let the other person think its a "win" ... when he actually didn't win much. I thank the skillful salesman for making me feel good about myself despite being a "loser". LOL.
DeleteI try not to be too calculative. If I win X and the other party wins 2X, it's still a win to me. Winning lesser is still a win. Getting short end of the stick is better than no stick at all. I can think of situations when it's ok to "lose" sometimes.
For consumer purchases, there will always be situations when I'm an ignorant Bei Kamping. If that snake-oil salesman is good, then let him earn that extra $$. What matters more is getting a solution for my problem. If want to be calculative over everything, then no time for the more important things. Can't be expert in everything. In the mean time, remember the lesson and move on.
When it comes to financial products that involve life savings, then MUST take the hardwork and time to VERIFY ownself. Better help yourself when it comes to your own money.
hyom,
DeleteI agree totally - don't sweat the small stuffs ;)
Just like buying cheap stuffs from the internet. Even if we are scammed or don't like what we received, we won't bother sending it back. Just shrug and write it off.
At least now we know what not to do next time - crash got sound :)
And if we are not easily manipulated by cash backs and what not promotions, we can focus on what we truely need ;)
I had a customer who enthusiatically told me she "saves" a lot by buying online - member this, member that.
But then she sheepishly admitted she spends around $2K per month online on her online "ADDICTION"...