Your Credibility's on the Line

Extra education can enhance your value in the eyes of your clients.


A few months ago, it occurred to me that my only true personal disappointment was not completing my doctorate in psychology. So I recently re-enrolled in a doctoral program and am on my way to completing the task I originally tackled in 1986.

As you contemplate starting or expanding a business, keep in mind that your "personal presentation" can be as critical as your business presentation. In other words, people want to know whom they're dealing with and what makes you trustworthy enough to handle their business affairs. In fact, I had no idea that this recent observation about personal credibility was so important until I sat down with a potential client.

Susan came into my office for a preliminary meeting. She knew about the success of my business-franchise model and wanted to use my services to license her idea. She was a pleasant woman who arrived as planned, looked around, spotted the law degrees on the wall and stared at me with apparent disdain.

"I've had very bad experiences with lawyers," she said. I explained that my legal background would be an asset to our plan for franchising her idea. I apologized profusely for my academic history and, hoping to take the edge off, mentioned that I'm working on a doctorate in another field to enhance my knowledge. She noticed the maladaptive psychology book on my desk and seemed reassured.

"That's what you're studying?" she asked.

"Yep," I said. "It helps me to better understand my clients, employees and me."

She responded, "OK, let's talk business."

Create Trust
At first glance, Susan perceived my ethics as questionable because of the way she viewed lawyers. Her concept of satisfactory credentials was different from what I normally experience in a consulting client, in that she was seeking trust in a person she viewed as compatible with her principles.


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I wondered what the rest of the world thought. I did a quick Google search and found a 2000 Gallup Poll. According to the poll, nurses were the most trusted professionals, followed by veterinarians at 63 percent; medical doctors at 58 percent; kindergarten through 12th grade teachers at 57 percent; clergy at 56 percent; judges at 53 percent; and police officers, dentists and college teachers each at 52 percent.

The five professionals considered least honest by the American public, based on the percentages of people rating the occupation as low or very low on honesty and ethics, are telemarketers at 55 percent, insurance salespeople at 44 percent, health maintenance organization managers and lawyers at 41 percent, and automobile sales representatives at 8 percent.

Consider Extra Education
Expanding your experiences through classes and seminars will help you and your business flourish. Online instruction and classroom education have become much more convenient with weekend and evening classes geared for adults.

Extra credentials can be a real plus for a businessperson; you can make some valuable contacts and, according to my accountant, education is often tax deductible.

Already, my recent enrollment is showing benefits. One of my clients told me last week that I sounded more articulate. Granted, some might not take that as a compliment. Her statement made me wonder what I sounded like prior to my new scholastic adventure.

Nevertheless, I'll take it as a positive statement. And while I've added more work to my agenda, that has given me a new perspective on time management. I can handle more than I thought, and I feel as though I'm completing my old tasks faster and more accurately.

Sometimes we need a challenge. Although I'll always cherish and remain in my position as CEO, it's good to keep learning and listening. Professionals can get stale, and if you feign enthusiasm for your work, your client will inherently know and look elsewhere.

There's a great deal of competition out there; adding skills and education will give you more wisdom, self-assurance and even respect. Bettering yourself can mean bettering your business. And in this economy, that can't hurt.


Cynthia McKay is a business growth consultant and CEO of Le Gourmet Gift Basket, a company she began as a small home based business in 1992 and has grown to 510 operating distributorships and more than $1 million in revenue.





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