Making Rain: The Secrets of Building Lifelong Client Loyalty 1st Edition

The secrets of making rain or client loyalty consist of three factors: the value you add, the degree of trust you develop, and the extra mile you are willing to go. Most of the information is helpful but some important considerations are omitted.PositivesHe provides an excellent overview of the issues that affect client loyalty. His examples, past experience, and clear style of writing are helpful. He also focuses on interpersonal relationships as the key to success. For those trying to improve, it answers the question "what do I need to do to become more proficient?".NegativesInterpersonal relationships are formed by exercising a variety of skills. Skill acquision and practice are vital to improvement. He is not clear about this and does not prescribe how to acquire the needed skills. He also fails to show how his approach will "lock in" a client. For example, what if you and your competitor across the street read the book and follow all the suggestions. Why would the client stay with you? The client can recieve comparable services without crossing the street. He tries to make the case of using persuasion techniques but his argument is not compelling. Any complete system needs a "hook" for keeping a client. Making the provider irreplaceable is a requirement and he falls short of accomplishing this goal

This is a subtle book which contains a lot of wisdom about building client and customer relationships. It's a well written and engaging read. The premise is that traditional "sometimes wrong but never in doubt" rainmakers are increasingly dysfunctional in service organizations, whose clients demand value-added in the very first meeting. They are too sales-focused, they are in-and-out, and they don't bring enough content or client knowledge to early client meetings. The alternative is to teach every professional to make a bit of rain every day or every week. Each chapter looks at a different skill or strategy which will help readers "make rain" with theirclients. Chapter three is useful because it summarizes the advisor skills which are set out in Sobel's superb first book, Clients For Life. Other chapters cover topics such as rapidly building trust; adding core, surprise, and personal value to relationships; exercising the mindset of independentwealth; and developing institutional mechanisms to "make rain" at the firm level. I think Making Rain appeals to a sophisticated reader, with its engaging anecdotes about client relationships and several chapters about historical figures who were great makers of rain (for example, Benjamin Franklin and the Welsh mystic, Merlin). This is an excellent read.

I just received this book and I've already read some of the chapters twice. Making Rain is full of practical ideas for how to increase your effectiveness at building client relationships and keeping clients for life. Sobel's concepts are fresh and highly original, and they are supported by client interviews, contemporary anecdotes, and fascinating historical profiles of people like Ben Franklin, who used humor to disarm and influence both his friends and adversaries. In my own business I've worked with clients for many years, and virtually everything in this book rings true for me. What's particularly valuable is the "how to" and the detailed ideas and strategies that Sobel sets out. Making Rain is well-written, easy to read, and quite funny in places. Anyone in business could pick up a handful of powerful tips on improving client retention from this book (one of the last chapters is "Managing Clients in Uncertain Times," which has a lot of useful reminders in it). If you work with either individual or corporate clients, Making Rain provides much-needed guidance.

Andrew's books are a must-read for anyone wishing to become a trusted advisor and confident to his or her clients