Sixteen years ago, Kevin Thompson introduced two people he admired. Eight months later, they were on stage in front of 300 entrepreneurs, telling the room their event wouldn't exist without him. That moment changed the direction of Kevin's business.
A few weeks ago, I was a guest on Kevin's show, Million Dollar Relationships. This week, I got to turn the tables. Kevin is the founder of the Impact & Legacy Collective, and his entire business runs on conversations and introductions. I've been curious about how that works for a long time, and he was wonderfully open about it.
We talked about how he structures his week around his family, why his podcast has become the front door to his business, and the simple test he runs before every introduction. He also shared a hard lesson from an introduction that went wrong, and a conversation with a friend that completely changed how he thinks about receiving.
Key takeaways:
- Trust is the real product. Kevin doesn't sell introductions. He protects the trust that makes them valuable.
- One question before every introduction. Kevin has used the same simple test for 23 years. You'll want to hear it.
- It's not a numbers game. Kevin records up to ten interviews a month and welcomes only two or three new clients.
- Givers need to learn to receive. When we refuse help, we take away someone else's chance to feel the joy of giving.
- Appreciation opens doors. Kevin's challenge to send ten messages of appreciation, asking for nothing in return, is one you can start today.
You can reach Kevin at: kevin@maximum-response.com
Or I’m happy to make an introduction if I believe it’s a good fit.
In appreciation for being here, I have some gifts for you:
A LinkedIn Checklist for setting up your fully optimized Profile:
An opportunity to test drive the Follow Up system I recommend by checking this presentation page - you won’t regret it.
AND … Don’t forget to connect with me on LinkedIn and be eligible for my complimentary LinkedIn profile audit – I do one each month for a lucky listener!
Connect with me:
https://www.linkedin.com/in/janiceporter/
https://www.facebook.com/janiceporter1
https://www.instagram.com/socjanice/
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Janice Porter 00:00:03
Hello and welcome to this week's episode of
Janice Porter:Relationships Rule. Well, a few weeks ago, I was the guest on
Janice Porter:Kevin Thompson's show Million Dollar Relationships. Today, I
Janice Porter:get to turn the tables, and I've been looking forward to it for a
Janice Porter:while. Kevin is the founder of the Impact and Legacy
Janice Porter:Collective, and he calls himself a conduit of trust. He makes
Janice Porter:high-trust introductions between entrepreneurs, and his business
Janice Porter:runs entirely on conversations. No big ad budget, no pushy
Janice Porter:funnels, just people talking to people. I'll be honest; I have a
Janice Porter:personal reason for being curious about this one because,
Janice Porter:of course, relationships are the best thing in the world. If
Janice Porter:you've ever wished your business could grow through genuine
Janice Porter:connection rather than chasing, you'll want to hear how Kevin
Janice Porter:does it. So, welcome to the show, Kevin.
Kevin Thompson:Janice, thank you. I I am honored to be here,
Kevin Thompson:and I've been looking forward to this.
Janice Porter:Oh well, it's my pleasure. Before we begin my
Janice Porter:questions, I wanted to share with something something that
Janice Porter:happened the other day. I listened to a lot of podcasts,
Janice Porter:and I listened to a podcast, high level ones. You know the
Janice Porter:the the the celebrities. I like to sometimes listen to those.
Janice Porter:And there's a woman that runs a podcast. Her name is Emma Grede.
Janice Porter:I don't know if you're familiar with Emma Greed. Okay, Emma runs
Janice Porter:two major fashion companies: Skims and Good America. Skims'
Janice Porter:partner is Kim Kardashian, and Good America is Khloe
Janice Porter:Kardashian. So she took ideas to both of those sisters, and
Janice Porter:became the CEO of both those companies. She's amazing. She's
Janice Porter:she's absolutely amazing. Anyway, she was interviewing
Janice Porter:Ari. Oh God, I just forgot his last name. Ari Emanuel. Are you
Janice Porter:familiar with him?
Kevin Thompson:Not at all. No. Okay.
Janice Porter:Well, Ari Emanuel is one of three brothers who are
Janice Porter:very famous. His one brother, Rahm Emanuel, was the right-hand
Janice Porter:guy to Obama, and he also worked with Clinton in the White House.
Janice Porter:And I think he's going to run for president of the United
Janice Porter:States. That's the very interesting guy. The other one's
Janice Porter:a very famous high-level surgeon, and Ari, who's the
Janice Porter:youngest, is an entrepreneur and a businessman, and he just wrote
Janice Porter:a new book. And he started a. He was. Have you ever heard of a
Janice Porter:show that was on years ago called Entourage?
Kevin Thompson:Oh yes. Okay. Yes. The
Janice Porter:model Ari Gold, the the protagonist in that show
Janice Porter:is based on Ari.
Kevin Thompson:Okay, so he
Janice Porter:was the Wheeler dealer celebrity agent, and
Janice Porter:anyway, built a huge business, and then of course, I think sold
Janice Porter:it, and then merged with another company. Blah blah blah. Anyway,
Janice Porter:he's huge. First Hollywood agency that went public, and all
Janice Porter:of that good stuff.
Kevin Thompson:Okay, but
Janice Porter:what they were talking about was his new book,
Janice Porter:and how he operates made me think of you right away because
Janice Porter:he operates based on conversations. He operates on,
Janice Porter:you know, people want to meet him all the time, but when he
Janice Porter:wants to meet somebody or decides that something's going
Janice Porter:to happen. He he makes it happen just through conversation
Janice Porter:because he and so I thought of you right away because I thought
Janice Porter:you must. I wonder. I wonder if you do this. Okay, so so I want
Janice Porter:you to check them out. Number one and number two. I was
Janice Porter:thinking. So do you? This isn't even on my list of questions,
Janice Porter:but do you meet the person first and then figure out a way to
Janice Porter:work together if it feels right, or does it always start with a
Janice Porter:project that then the decision is made?
Kevin Thompson:Oh, that's interesting. So there, there,
Kevin Thompson:there is no one way that it always happens.
Janice Porter:Sure,
Kevin Thompson:I will tell you probably like you've
Kevin Thompson:experienced, Janice, because I host a podcast as you do. I get
Kevin Thompson:connected with a lot of entrepreneurs just because I
Kevin Thompson:host a podcast and stuff, and and so like a perfect example
Kevin Thompson:this morning, Brianna from a company called Interview Valet.
Kevin Thompson:So, so Interview Valet they serve clients who are mostly
Kevin Thompson:entrepreneurs who want to get on podcasts, and they charge for
Kevin Thompson:that service. They charge
Janice Porter:that the people looking to be guests.
Kevin Thompson:That's right. They charge the people who are
Kevin Thompson:looking to be guests. Yes, and and I have had a working
Kevin Thompson:relationship with Brianna for about three years now, and in
Kevin Thompson:those three years, she has sent me some absolutely amazing
Kevin Thompson:guests for the podcast, and so every time I do. Get an email
Kevin Thompson:from her, which is probably one or one to three times a month. I
Kevin Thompson:don't know what's in there, but it always feels like Christmas
Kevin Thompson:time because I know there's going to be something good in
Kevin Thompson:there. And so this morning she had two people that she wanted
Kevin Thompson:to tell me about, and they're like really you know good at
Kevin Thompson:like they they already have paperwork put together, they
Kevin Thompson:have one pages put together. They got information on these
Kevin Thompson:people, and and plus she just tells me a little bit about each
Kevin Thompson:one of them. And both of them this morning, I told her when I
Kevin Thompson:replied, I said, you know, and it is so interesting because I
Kevin Thompson:couldn't help but notice the timing of this. Just yesterday,
Kevin Thompson:I was talking with a friend of mine who runs a very large
Kevin Thompson:company who's dealing with the very thing that this one guy
Kevin Thompson:you're telling about is. That's his expertise, and the other
Kevin Thompson:gentleman is tied in with about 40 nonprofit organizations. And
Kevin Thompson:I also am good friends with a gentleman who owns a company
Kevin Thompson:that they serve nonprofits, and so and so I even told Brianna I
Kevin Thompson:was like, you know, especially on the on the guy with the
Kevin Thompson:nonprofits, I don't know this for sure yet, but it feels like
Kevin Thompson:there might be a valuable introduction to be made there,
Kevin Thompson:and and you know, and and right now I'm just totally going off a
Kevin Thompson:feeling, but like this kind of stuff, it happens all the time,
Kevin Thompson:and so I notice for it, and and like you know, as I get to know
Kevin Thompson:the person, and like you know, so Brianna will set up, they'll
Kevin Thompson:schedule a time on my calendar. I'll have a conversation with
Kevin Thompson:them. Then we'll probably end up doing a podcast interview, and
Kevin Thompson:through those conversations, I'll just get to know them, and
Kevin Thompson:if it does make sense to make an introduction, then I'll do that,
Kevin Thompson:you know. And so, and but not all guests come to me that way,
Kevin Thompson:where I'm feeling that already. You know, some of them are just
Kevin Thompson:like, well, I just like, yeah, I'd like to talk and get to know
Kevin Thompson:you better and find out more about who you are and all that
Kevin Thompson:kind of stuff. So,
Janice Porter:well, you know that that's how we met through
Janice Porter:it is an interview valet, so we're giving them a big plug on
Janice Porter:this podcast because we both love what what they're doing and
Janice Porter:and how well they do it. So that's that's that's cool. So so
Janice Porter:it sounds as though it's more likely that you'll meet people
Janice Porter:and then ideas will happen and connections will come to mind.
Kevin Thompson:That is usually how it happens. Yeah, as opposed
Kevin Thompson:to
Janice Porter:wanting to do a project yourself and then
Janice Porter:looking for the people to join you.
Kevin Thompson:Oh yeah, I don't. I don't ever do that.
Kevin Thompson:Okay.
Janice Porter:Okay. So you asked me. Wait. Yeah. Okay. I
Janice Porter:should ask you this question. This was going to be my first
Janice Porter:question, but I I really had to share that thing about
Kevin Thompson:okay
Janice Porter:Ari. So when someone asks you what you do,
Janice Porter:how do you explain a business that's built on conversations?
Kevin Thompson:I say that I serve as that conduit of trust
Kevin Thompson:for the right entrepreneurs, and I just make the right
Kevin Thompson:introductions that put them in the right conversations with the
Kevin Thompson:right people for the right reasons. That's what I
Janice Porter:do. Okay, okay. It seems so simple, but it's
Janice Porter:very special.
Kevin Thompson:It it took years to get to that place of being
Kevin Thompson:that simple. Yeah,
Janice Porter:no, I get it for sure. I mean, there's a lot of a
Janice Porter:lot to unpack there. So you asked me who changed the course
Janice Porter:of my business, and now I get to ask you beyond the names that
Janice Porter:you would usually mention. Who's someone that made a difference
Janice Porter:for you that people might not know about?
Kevin Thompson:Oh my goodness! Well, I'll tell you. You know
Kevin Thompson:Joe Polish years ago. I met Joe Polish all the way back in 1995.
Janice Porter:Joe Polish.
Kevin Thompson:Joe Polish. Yes. So and at the time, I owned a
Kevin Thompson:carpet cleaning and water damage restoration business. I had been
Kevin Thompson:in a business been in business for a little over a year at that
Kevin Thompson:point, I had worked the previous seven years as a commercial
Kevin Thompson:fisherman on Alaska's Bering Sea in order to save money to start
Kevin Thompson:that business. Oh
Janice Porter:wow! And
Kevin Thompson:I had blown through about $300,000 in the
Kevin Thompson:first year, and I still just didn't even know what I didn't
Kevin Thompson:know about running a business, and I saw an article from him in
Kevin Thompson:a trade publication for the industry. So I I was like, wow,
Kevin Thompson:this really resonates. And he was offering this free
Kevin Thompson:information, this free report. So I requested that, and
Kevin Thompson:ultimately invested in getting his help. And with his help,
Kevin Thompson:over the next few years, we completely transformed that
Kevin Thompson:business into a buy referral only company, and to this day,
Kevin Thompson:you know, years later, you know, Joe he started a mastermind
Kevin Thompson:group called the Genius Network. He started that group in 2007,
Kevin Thompson:and and I joined that group in 2008, and and at the. First time
Kevin Thompson:I ever went to a meeting, there was probably maybe 35 people in
Kevin Thompson:that group and stuff. Now that group is I don't know how many
Kevin Thompson:people I'm not in it now, but I would venture to say there's
Kevin Thompson:well over 300 people in that group now. It has really, really
Kevin Thompson:grown, and it's become affectionately known as the 25K
Kevin Thompson:group over the years because that's what the investment used
Kevin Thompson:to be to be in the group. I believe now it's 35,000 to be in
Kevin Thompson:the group. And but Joe has just been this this guy who has made
Kevin Thompson:such an impact. He too is just an amazing world-class connector
Kevin Thompson:of people, and so he was a role model for sure in in how to do
Kevin Thompson:that and stuff, and and just being that kind of a guy, you
Kevin Thompson:know, just being that guy who is that connector, who is that
Kevin Thompson:conduit of trust, man. Nothing gives me more joy and
Kevin Thompson:satisfaction than being that guy who brings the right people
Kevin Thompson:together and stuff. And Joe has been just that that that mentor
Kevin Thompson:and that example and and all of that for many many years now.
Kevin Thompson:And I
Janice Porter:never heard of him. Isn't that where is he
Janice Porter:located?
Kevin Thompson:He is out of Scottsdale, Arizona. Is where
Kevin Thompson:he's located. Yeah, very
Janice Porter:interesting. So take me through a typical week,
Janice Porter:if there is a typical week, how many conversations are you
Janice Porter:having, and how do you decide which people to spend your time
Janice Porter:with?
Kevin Thompson:Sure. So, okay. So my typical work week is is
Kevin Thompson:Monday. So I I'm a family guy. You can probably tell I that's a
Kevin Thompson:picture back there of of six of our grandkids. That was taken a
Kevin Thompson:few years ago. We've now got nine grandkids, so the family's
Kevin Thompson:grown a little. I have seven kids of my own, and and so my
Kevin Thompson:business for many years now has been set up. It is a total a
Kevin Thompson:lifestyle business that I wanted my business to be able to
Kevin Thompson:support me in being the husband that I want to be, and being the
Kevin Thompson:father that I want to be, and also being the entrepreneur that
Kevin Thompson:I want to be, and so you know we still have three kids under our
Kevin Thompson:roof who are still in school, and and they you know so every
Kevin Thompson:morning I am getting them up and and getting them fed and and and
Kevin Thompson:ready for school and all that kind of stuff, and then in the
Kevin Thompson:afternoon they're home around 3o'clock, and so my workday ends
Kevin Thompson:at 3pm. because that's when the kids get home from school. Fair
Janice Porter:enough, I love it.
Kevin Thompson:And and so you know, I my my day it'll start
Kevin Thompson:like around 6am. and I've got a little bit of quiet time for
Kevin Thompson:myself to do whatever, do some reading or what have you before
Kevin Thompson:I start waking kids up, and then from from then until about 8am,
Kevin Thompson:I'm getting kids ready for school and all that, and then
Kevin Thompson:I've got a little bit of time with my wife from eight to nine
Kevin Thompson:usually, and then 9o'clock is when I'll start my workday, and
Kevin Thompson:and and in the mornings I'll just usually have like about an
Kevin Thompson:hour to do just whatever button up stuff from yesterday. Follow
Kevin Thompson:up with some introductions or what have you. And first call
Kevin Thompson:usually takes place around 10 a.m. Okay. And so my call
Kevin Thompson:schedule runs from 10 to noon, and then again from 1 until 3
Kevin Thompson:p.m. And so that those are the times that people have available
Kevin Thompson:for booking time to talk with me. And it'll be a combination
Kevin Thompson:of maybe you know 30 minute like like connection calls just to
Kevin Thompson:touch base with people. It might be a podcast pre interview
Kevin Thompson:conversation. It might be a podcast interview. I might this
Kevin Thompson:morning I held a a Zoom get together for a group of clients
Kevin Thompson:this morning and stuff, and and that lasted a couple hours, and
Kevin Thompson:so you know, so it varies. So I'm having anywhere from 123,
Kevin Thompson:like maybe like six to eight conversations in a day that
Kevin Thompson:might be with one person or it might be with a group of
Kevin Thompson:entrepreneurs, and it's mostly like just like we're doing this.
Kevin Thompson:It's on. I am on Zoom all the time. Yeah, me too.
Janice Porter:So so back up for a second. And you said like this
Janice Porter:morning you had a conversation with some of your clients on
Janice Porter:Zoom. Yes. So was that intentional as like a mastermind
Janice Porter:or get to meet each other kind of thing? Yes. Okay. Yeah. So
Janice Porter:it's
Kevin Thompson:not a mastermind. I mean, we do a
Kevin Thompson:little bit of mastermind, but really, the purpose of that
Kevin Thompson:call. So there was five people on that particular call, and
Kevin Thompson:they are in a group. So we're we're in. This was we we just
Kevin Thompson:started q3 here.
Janice Porter:Just stop for one. The
Kevin Thompson:purpose of that call is to so we are in we we
Kevin Thompson:just started our q3 groups so this is the first you know
Kevin Thompson:October November December they'll be in the same group for
Kevin Thompson:one quarter so for three monthly calls and so and I put them in
Kevin Thompson:groups of between typically between. Three to six people at
Kevin Thompson:a time, and so there was five people on that particular call
Kevin Thompson:today. And I and I run multiple groups for my clients right now.
Kevin Thompson:I have 27 clients that I'm serving, and so I put them in
Kevin Thompson:groups like that. And so, but the whole purpose of these calls
Kevin Thompson:is to just talk about where we're at right now what we could
Kevin Thompson:most use help and support with, and then all of us are opening
Kevin Thompson:our networks and making those kind of connections for each
Kevin Thompson:other. And we we start every call by celebrating wins that
Kevin Thompson:have taken place over the last 30 days. And man, everybody had
Kevin Thompson:some great wins to to to share and stuff. And then we just
Kevin Thompson:continue on, and now we go back through again and let everybody
Kevin Thompson:share where they're at right now and what they could most use
Kevin Thompson:help and support with, and then everybody just pours into that
Kevin Thompson:person, and we just start opening our networks and making
Kevin Thompson:those connections for them and stuff.
Janice Porter:So, just out of curiosity, are there particular
Janice Porter:types of businesses that you attract the entrepreneurs of
Janice Porter:leading those businesses, or or how do they find you and that
Janice Porter:kind of thing? Like, how does that come about?
Kevin Thompson:Well, now pretty much everybody in my life comes
Kevin Thompson:through the Million Dollar Relationships podcast. Ah, okay.
Kevin Thompson:That has been such. I mean, I I never planned for that four and
Kevin Thompson:a half years ago when we launched the podcast, but that
Kevin Thompson:has become the reality now. And and I love it because it's such
Kevin Thompson:an organic way to start a relationship and just start
Kevin Thompson:getting to know someone and finding out is there an
Kevin Thompson:opportunity, perhaps, for us to work together to do some things
Kevin Thompson:together and stuff? And so, you know, the podcast has become the
Kevin Thompson:gateway, which pretty much everybody comes through now. So,
Janice Porter:so what percentage would you say of your
Janice Porter:podcast guests become clients?
Kevin Thompson:Oh, very small percent. Very small percent.
Kevin Thompson:Yes, I mean, so we are doing eight podcast interviews a
Kevin Thompson:month. So we release two episodes a week. Some months it
Kevin Thompson:might be 10, depending on how the weeks fall. You know, so
Kevin Thompson:eight to 10 a month, and of that, I mean, I am only bringing
Kevin Thompson:on maybe two clients a month, maybe three on a busy month, so
Kevin Thompson:it's not. This is not a a quantity game at all. No, no,
Kevin Thompson:and and
Janice Porter:relationship building isn't either. It's a
Janice Porter:long game for sure. Yes,
Kevin Thompson:yeah, yes.
Janice Porter:So, so in talking about that, you've said that
Janice Porter:revenue is the natural byproduct of doing relationships right.
Janice Porter:How does that actually show up in the way that you do business?
Janice Porter:And for those of us who don't love selling, how do you talk
Janice Porter:about working together without it feeling pushy? Or maybe you
Janice Porter:don't. Maybe they do. I don't know.
Kevin Thompson:Well, so okay, so
Janice Porter:if you're okay to talk about that,
Kevin Thompson:I am totally okay talking about that because
Kevin Thompson:a lot of people, you know, I do get people reaching out to me,
Kevin Thompson:asking that asking if I would be willing to show them how to do
Kevin Thompson:what I do, and and I have never. Well, actually, I got one guy
Kevin Thompson:I'm working with right now. Everybody else I have turned
Kevin Thompson:down because when I ask them, well, why do you want to do it?
Kevin Thompson:They're like, well, I just think it would be a really profitable
Kevin Thompson:and successful business model, and I'm like, you know, I'm just
Kevin Thompson:going to be completely candid with you. What I do, it's not
Kevin Thompson:going to work for you for you because of that. And there's
Kevin Thompson:nothing wrong with that. I totally get that. If we're going
Kevin Thompson:to become an entrepreneur, we want to run a profitable
Kevin Thompson:business. Yeah. But the reason I got into this in the first place
Kevin Thompson:was I introduced these two guys 16 years ago. Brian Kurtz and
Kevin Thompson:Perry Marshall were the two guys I'm talking about. Okay, and I
Kevin Thompson:introduced
Janice Porter:Perry Marshall is. I don't know the other one.
Kevin Thompson:Okay,
Janice Porter:Perry Marshall's been around on the online world
Janice Porter:for a long time.
Kevin Thompson:Oh yeah, I mean my goodness, he was the guy that
Kevin Thompson:came out the with the definitive guide to Google AdWords all the
Kevin Thompson:way back, and I think 2003, 2004. No wonder I didn't follow
Janice Porter:him. I don't like all that stuff, but I do know
Janice Porter:who he is. Okay, back in the day, like when who was the guy
Janice Porter:from San Francisco? I followed. Anyway, yeah, you'll know him
Janice Porter:too. There's there's a few that were early adopters. Yeah. Okay.
Janice Porter:Go ahead. So that you introduce those two guys. So
Kevin Thompson:I introduced those two guys, and like within
Kevin Thompson:eight months, they were hosting this big event, this in-person
Kevin Thompson:event back in the Washington D.C. area, and and it was just
Kevin Thompson:and and even at that event, there was probably about 300
Kevin Thompson:entrepreneurs who attended that event, and the morning of that
Kevin Thompson:event, the opening morning, I'm getting text messages from like
Kevin Thompson:two or three of my entrepreneur friends who are at this event,
Kevin Thompson:and they're telling me, you know, Brian and Perry are on
Kevin Thompson:stage right now talking about you in a really great. Light
Kevin Thompson:Kevin, because saying that like this wouldn't even have happened
Kevin Thompson:if you hadn't have been the one that introduced them, and then
Kevin Thompson:my buddy Paul follows that up by saying, Kevin, one never knows
Kevin Thompson:where a well planted seed will sprout, and and those guys, you
Kevin Thompson:know, they have gone on to make such a huge impact. They have
Kevin Thompson:impacted millions of people's lives, and of course, created
Kevin Thompson:millions of dollars in revenue along the way, and that's what
Kevin Thompson:got me thinking: Wouldn't it be cool if I could have a business
Kevin Thompson:where I just got to do that all the time? Well, what
Janice Porter:were you doing at that time?
Kevin Thompson:At that time, I was running a publishing
Kevin Thompson:company. Oh my! And and I did. I I ran that publishing company
Kevin Thompson:from 2004 until 2016 for 12 years. I ran that company, and
Kevin Thompson:and I had a a course that I sold. We ended up selling $16.1
Kevin Thompson:million worth of that training over the course of that 12
Kevin Thompson:years, and I had like almost 500 strategic partners that helped
Kevin Thompson:me do that, helped me get my message out into the
Kevin Thompson:marketplace, and and that's actually how I met Perry and
Kevin Thompson:Brian was running that business and stuff, and and part of what
Kevin Thompson:I did, I was so grateful for all those partners, because my
Kevin Thompson:business would not have grown the way it did without their
Kevin Thompson:help, and so I was always just like, "Hey, if there's anything
Kevin Thompson:I can do to be of service, to be of help for you, man, I'm just
Kevin Thompson:I'm totally in, and I'm happy to make a conversation and talk,
Kevin Thompson:whatever." And and so people started taking me up on that,
Kevin Thompson:and and that's when I really figured out that my gift was
Kevin Thompson:being this connector, being this conduit of trust, making these
Kevin Thompson:introductions, and like I said, the one for Brian and Perry was
Kevin Thompson:that that was the clincher right there. That's like, yeah, I want
Kevin Thompson:to do this.
Janice Porter:So, so when this happens, like more recently, and
Janice Porter:I, as I said in the beginning of the question, you've said
Janice Porter:revenue is the natural byproduct of doing relationships right. Is
Janice Porter:money ever talked about? Is there a finder's fee that you
Janice Porter:ask? Or
Kevin Thompson:oh yeah, yeah. Okay,
Janice Porter:so how does okay?
Kevin Thompson:So so the way that I do business, I I like to
Kevin Thompson:do a combination of a retainer and a revenue share, so that
Kevin Thompson:way, when my when my partners when my clients win, I win too
Kevin Thompson:and stuff. And and so the way that I work it is at least right
Kevin Thompson:now the way the pricing is it's it's a $2,000 a month retainer,
Kevin Thompson:and then my clients do a 10% revenue share with me unless
Kevin Thompson:they are in the in raising funds. If they're raising
Kevin Thompson:monies, then we we we make other arrangements and stuff. We don't
Kevin Thompson:do that when when they're raising funds and stuff. But if
Kevin Thompson:it's just you know introductions that lead to partnerships to new
Kevin Thompson:clients and all that, that's that's really easy to track that
Kevin Thompson:stuff. And so, and so, I just do a revenue share with them and
Kevin Thompson:stuff. And and I, in order to do that, though, it so for me to do
Kevin Thompson:my thing, it's been one simple little litmus test, Janice, for
Kevin Thompson:23 years. Every time I introduce two people before I send hit
Kevin Thompson:send on that email. I ask myself, and I already know this
Kevin Thompson:going into it, but I ask, is this going to help me further
Kevin Thompson:the relationship that I already have with both of these people?
Kevin Thompson:And so, and that's always been the litmus test. That's the
Kevin Thompson:that's the whole thing right there. If the answer is yes, I
Kevin Thompson:do it. If the answer is no, that introduction would never happen.
Kevin Thompson:And and that little simple litmus test for 23 years is what
Kevin Thompson:has allowed me to create so much relationship capital with so
Kevin Thompson:many people to where now the introductions I make are so
Kevin Thompson:doggone valuable.
Janice Porter:That's really interesting. I appreciate you
Janice Porter:sharing that. It is an an art to be able to introduce people
Janice Porter:properly and the right people to the right people. How do you
Janice Porter:decide? You know that. So you said you already know when you
Janice Porter:ask that question before you send that email. So how do you
Janice Porter:decide that two people should meet, and what makes that
Janice Porter:introduction high trust rather than random? I mean, you've done
Janice Porter:your homework. I get that, but you have to be sure. And I know
Janice Porter:because I feel that when I'm introducing people, it has to
Janice Porter:be, it has to feel right. So, what is it for you that decides?
Kevin Thompson:Well, it's it's how somebody shows up. It's how
Kevin Thompson:other people talk about them. That's really easy to see. That
Kevin Thompson:I mean, you you know what? With with social media, with the
Kevin Thompson:internet, with AI, with all this stuff. I mean, privacy is
Kevin Thompson:completely dead these days. We can find anything we want to
Kevin Thompson:find out about anybody. True, isn't it? Yeah, and and you can
Kevin Thompson:just go on social media and just check, and and not just what
Kevin Thompson:somebody posts, but how they respond to other people and
Kevin Thompson:stuff, you know, and and how they treat other people, and
Kevin Thompson:just how how do they just normally show up? You know,
Kevin Thompson:because that's the most important thing right there. You
Kevin Thompson:know, that is how I care way more about who somebody is and
Kevin Thompson:how they show up than I care about what they do. I could give
Kevin Thompson:a rip about what they do. It's way. It's who they are and how
Kevin Thompson:they treat their
Janice Porter:mother, basically. Yes, how
Kevin Thompson:they treat their mom. You bet. You bet.
Janice Porter:Interesting. Have you, have you? Can you think of
Janice Porter:a time when an introduction didn't go the way you'd hoped?
Kevin Thompson:Oh yeah, yeah. It's happened for sure. What
Janice Porter:do you? Can you think of one and a lesson that
Janice Porter:you well from it. So I'll
Kevin Thompson:tell you, I'll take it a step further. It's
Kevin Thompson:been a while since this kind of thing has happened, but back in
Kevin Thompson:2021, I had let a person inside my inner circle and stuff, and I
Kevin Thompson:was making connections for them, and they were getting business.
Kevin Thompson:I mean, they were getting a lot of business. I mean, within a
Kevin Thompson:short few months, they had probably got almost $200,000
Kevin Thompson:worth of business out of the group very quickly. And and I
Kevin Thompson:started hearing back from folks that had hired them that like,
Kevin Thompson:hey, I'm they're not delivering. I'm not getting stuff, you know,
Kevin Thompson:and they're they're they're falling behind on deadlines that
Kevin Thompson:they promise, and this and that. And so I started following up
Kevin Thompson:with them, and and they started telling me that yeah, they were
Kevin Thompson:having some internal internal challenges with some people, and
Kevin Thompson:they were shuffling people around. Some people were
Kevin Thompson:leaving, and new people coming in, and and and so I'm giving
Kevin Thompson:them benefit of the doubt, but then I just keep keep you know,
Kevin Thompson:and and so it just continued, and I'm finally like, look, we
Kevin Thompson:got to hop on Zoom or on the phone or whatever and talk about
Kevin Thompson:this, and I we got to we got to figure out what's going on and
Kevin Thompson:what is going to be done to handle this, you know, and and
Kevin Thompson:they ended up we scheduled the call, but then they didn't show
Kevin Thompson:for it and stuff, and and I'm just like my goodness. So this
Kevin Thompson:this cost a pretty fair amount, you know. Yeah, and your
Janice Porter:reputation's on the line.
Kevin Thompson:Yeah, 100%, 100%, and and I had to show that
Kevin Thompson:person the exit, obviously, and and I had to have some really
Kevin Thompson:difficult conversations with some other folks too, and and
Kevin Thompson:I'll tell you, you know, that's one of those things right there
Kevin Thompson:where you know what I mean. I I'd like to think that that
Kevin Thompson:would never happen again, but you know what? Even with us
Kevin Thompson:putting our best foot forward, even with us having processes in
Kevin Thompson:place, vetting process, and I do. I have an extensive vetting
Kevin Thompson:process, and for somebody to get to that place, even you know,
Kevin Thompson:because you know anybody that comes into that space. I mean,
Kevin Thompson:all the people are already there. As soon as somebody comes
Kevin Thompson:in, everybody else is like, "Well, they're my kind of people
Kevin Thompson:because Kevin wouldn't have even let them in the door if they
Kevin Thompson:weren't, you know. So there's that trust immediately gets
Kevin Thompson:transferred, you know, and and that you know that that that
Kevin Thompson:that's my real product. It's not introductions. My real product
Kevin Thompson:is trust. Yes, of
Janice Porter:course, of course. So
Kevin Thompson:so I had to have some really challenging
Kevin Thompson:conversations, but because of the relationships that I did
Kevin Thompson:have with these folks, because they knew who I was and what my
Kevin Thompson:intentions were and stuff, every single one of them were like,
Kevin Thompson:"Kev, this is not on you, man. You do what you do, and even
Kevin Thompson:when you found out about it. You dealt with it like swiftly, you
Kevin Thompson:know, and so this doesn't come down on you. This does not
Kevin Thompson:damage our relationship. I know who you are. I know who you are
Kevin Thompson:and what you're all about, and I'm continuing on with you, you
Kevin Thompson:know. And and so, like I said, that was 2021, April of 2021. So
Kevin Thompson:that was five and a half years ago. Now you know, and like I
Kevin Thompson:said, I'd like to think that would never happen again. I'd
Kevin Thompson:like to think that my vetting process would would you know
Kevin Thompson:prevent something like that. But you just never know. And and we
Kevin Thompson:just like I said, it's we when we show up the right way, people
Kevin Thompson:will extend grace to us when honest mistakes happen. You
Kevin Thompson:know, people. I mean, because we we're all people. We're all
Kevin Thompson:human. We are going to make mistakes. You know, but people
Kevin Thompson:also know who we are as well.
Janice Porter:Well, and I yeah. I mean, and. The The number of
Janice Porter:times that's happened is so few compared to all of the successes
Janice Porter:that people see that and they they understand that as well.
Janice Porter:And and I think I know for me, when someone asks me, one of the
Janice Porter:biggest things that I think about is I if they ask me what
Janice Porter:you know my philosophy is around building trust with people,
Janice Porter:always do what you say you're going to do,
Kevin Thompson:yeah,
Janice Porter:right. And be that person that that they can
Janice Porter:try, they can count on, right? That's right. So, I mean, and I
Janice Porter:know you. I'm preaching to the choir because that's exactly
Janice Porter:what you do. You you've talked about how hard it can be for
Janice Porter:generous people to receive. Why do you think givers struggle
Janice Porter:with this, and how did you learn to let relationships come back
Janice Porter:to you?
Kevin Thompson:Well, I can tell you, you know, for most of my
Kevin Thompson:life, up until 12 years ago, I man, I've been a giver my whole
Kevin Thompson:life. I mean, I love giving to people who. I mean, especially
Kevin Thompson:when people just just really appreciate that. I mean, that is
Kevin Thompson:the most amazing feeling in the world to me. And but also for
Kevin Thompson:most of my life, up until 12 years ago, I totally sucked when
Kevin Thompson:it come to the receiving side. And and God forbid that I would
Kevin Thompson:ask others for help or for what I wanted because I was like,
Kevin Thompson:well, I don't want to bother them. I don't want to
Kevin Thompson:inconvenience them. Or there was maybe even this. I guarantee
Kevin Thompson:you, there was this too. Of like, well, what would they
Kevin Thompson:think of me if I was? What would they think of me if they knew I
Kevin Thompson:was dealing with that? You know.
Janice Porter:Yeah.
Kevin Thompson:And and you know that's all just BS that we tell
Kevin Thompson:ourselves.
Janice Porter:I know.
Kevin Thompson:And my buddy Jesse Elder was the one who
Kevin Thompson:really opened my eyes to this because 12 years ago we were
Kevin Thompson:having a conversation, and we dug in pretty deep on this
Kevin Thompson:subject of giving and receiving. And he's like Kevin. He's like
Kevin Thompson:you know. He's like you're one of the most giving and generous
Kevin Thompson:guys I know, and he's like, how how does it make you feel when
Kevin Thompson:you give to somebody who just really appreciates it? I'm like,
Kevin Thompson:man, I was like, Jesse, I don't know a feeling that's better
Kevin Thompson:than that. That's the most amazing feeling in the world,
Kevin Thompson:and he's like, yeah, right. He said, "But Kev," he said, "Do
Kevin Thompson:you realize that by you showing up the way that you do, he's
Kevin Thompson:like, you shut that down and you deprive people from having the
Kevin Thompson:experience that you just told me was the most amazing
Kevin Thompson:experience." He's like, "Kev." He's like, "Who are you to
Kevin Thompson:deprive people from having that experience?" And I'm like, wow!
Kevin Thompson:I never thought about it that way before, and so ever since,
Kevin Thompson:I've just been playing this game. I've been just having this
Kevin Thompson:experiment of receiving muscles. How much can I expand my own
Kevin Thompson:receiving muscle.
Janice Porter:No sound again. Ever since, yeah, go ahead. Just
Janice Porter:say again. Ever since then, yeah. Ever since
Kevin Thompson:then, I've just been playing this game, having
Kevin Thompson:this experience, and and explain having this experiment of how
Kevin Thompson:much can I expand my own receiving muscle. And I can tell
Kevin Thompson:you, over the last 12 years, I've found out it's been
Kevin Thompson:expanded big time. And not only have I been able to do it for
Kevin Thompson:myself, so many other entrepreneurs enterpreneurs have
Kevin Thompson:the same exact problem. They're really great at giving, but not
Kevin Thompson:so. I mean, if you know, if I ask them on a scale of one to
Kevin Thompson:10, you know how great are you at receiving? I mean, a lot of
Kevin Thompson:them will say 1245. You know what have you? You know, yeah,
Janice Porter:it's it's it's another muscle. I know, you
Janice Porter:know, this is nothing to do with entrepreneurship, but it made me
Janice Porter:think about my my dear late mother. My mom would go out of
Janice Porter:her way to send thank you cards, to give a gift, to do all of
Janice Porter:those things for people that she didn't know very well: the
Janice Porter:butcher, the baker, the candlestick maker. You know,
Janice Porter:kind of thing. Like when she'd go on a trip, she would send
Janice Porter:postcards to the butcher at the local store because she saw him
Janice Porter:every week, and she, you know, whatever. And but if you gave
Janice Porter:her something, she didn't know how to do deal with it. She
Janice Porter:would have to send a thank you card for the to thank you for
Janice Porter:the thing for the you know it went on and on. So I've I've
Janice Porter:seen that in action, and we you know in her later years we used
Janice Porter:to say to her mom just say thank you. It's okay. Yeah
Kevin Thompson:yeah
Janice Porter:right yeah yeah.
Kevin Thompson:But just being able to graciously receive and
Kevin Thompson:say, "Wow, thank you so much! I so appreciate that."
Janice Porter:But with with entrepreneurs, what I've seen
Janice Porter:and what you just talked about, and I've I interviewed another
Janice Porter:big networker who is very adamant about this, and Michael.
Janice Porter:Homan from New York. He's he's he's very passionate about
Janice Porter:connecting people, and he always says though that most of the
Janice Porter:true connectors don't know how to ask for what they want, and
Janice Porter:it's exactly what you're just talking about. We have to be
Janice Porter:able to do that as well because it makes us more round,
Janice Porter:well-rounded as well, and people want to be able to help us the
Janice Porter:way that we help them, right?
Kevin Thompson:They absolutely do. Yeah.
Janice Porter:So, and people who are givers, did you say that
Janice Porter:was Jesse Itzler?
Kevin Thompson:Jesse Elder.
Janice Porter:Elder. Okay. Yeah. Okay.
Kevin Thompson:Yeah. People who are givers, they are surrounded
Kevin Thompson:by people who would love to help them and to give the give to
Kevin Thompson:them if they just knew how. Yeah, yeah, yeah. It is
Janice Porter:another muscle, though. They have to learn and
Janice Porter:be aware of, right? Yeah, for sure. So, for someone listening
Janice Porter:who wants a business built more on conversations and less on
Janice Porter:chasing? What's one thing they could start doing this week?
Kevin Thompson:Well, I'll tell you, I'll give everybody a nice
Kevin Thompson:challenge so they can have this experience for themselves. So,
Kevin Thompson:the way this all starts is just by being genuinely appreciative
Kevin Thompson:of other people, and you know, I'm going to give you a
Kevin Thompson:challenge, and I'm also going to challenge you. Don't don't look
Kevin Thompson:at this as a strategy or a tactic. Let's just let it be who
Kevin Thompson:you are. So we've oh oh that's interesting. I don't have my
Kevin Thompson:cell phone sitting here. I usually have my cell phone
Kevin Thompson:sitting somewhere on my desk. It's it's not here. It's in it's
Kevin Thompson:gone. I must be out in the other room. Anyways, we've all got a
Kevin Thompson:cell phone with contacts in it, and and those contacts could be
Kevin Thompson:entrepreneurial friends. They could be family. They could be
Kevin Thompson:non-entrepreneurial friends. And for the purpose of this
Kevin Thompson:exercise, it does not matter. But what I want you to do is you
Kevin Thompson:send 10 messages minimum to people in your contacts, and in
Kevin Thompson:those messages, I want you to do one thing. I want you to let
Kevin Thompson:each of those people know one thing that you genuinely
Kevin Thompson:appreciate about them, and and you don't ask for anything in
Kevin Thompson:return. You don't even ask for a response in return. Just send
Kevin Thompson:out some love, and like I said, do it in a compressed time so
Kevin Thompson:that you can have the experience, and you watch what
Kevin Thompson:happens because you are going to have such an amazing experience,
Kevin Thompson:and so are they, and and you are also going to realize that it
Kevin Thompson:was your actions that were the catalyst for that experience,
Kevin Thompson:and you can repeat that process whenever you want. And when we
Kevin Thompson:are just genuinely appreciative for other people, and we look
Kevin Thompson:out for things to be appreciative of others about, we
Kevin Thompson:find that. And and and once we see it, now the other step is we
Kevin Thompson:need to let them know about it. And like this can be done so
Kevin Thompson:easily, you know. You, if you, when you just let this be who
Kevin Thompson:you are, you know, you find yourself. I mean, probably one
Kevin Thompson:to three times a day, I'm sending a text message or maybe
Kevin Thompson:even an audio message to somebody, just saying, "Hey, I
Kevin Thompson:saw this, and I really, I really appreciate you for this. I just
Kevin Thompson:want to honor you, and and I'm appreciative that we're friends,
Kevin Thompson:you know, and and don't even ask for anything in return. Just
Kevin Thompson:send out some love, and this is what causes people to want to be
Kevin Thompson:around us. This is what causes people to want to talk to us.
Kevin Thompson:It's because of how they feel when they are around us. That's
Kevin Thompson:what makes them want to be around us, and being
Kevin Thompson:appreciative of people, just genuinely appreciative. That's
Kevin Thompson:what gives them that feeling.
Janice Porter:My gosh, my my audience hears me talk about
Janice Porter:this all the time, and to have you talk about it is like gold.
Janice Porter:I have this sticky note on my computer right now, and it's um
Janice Porter:it's me every day for the last it's been a week and a two days
Janice Porter:now, send comment on three LinkedIn posts a day, send three
Janice Porter:reconnect messages of some sort to people each day, and send
Janice Porter:three cards a day, and that's what I'm doing, and it it and
Janice Porter:with nothing in asked in return and you know it's interesting
Janice Porter:exercise because the LinkedIn piece is a little bit different
Janice Porter:than the reconnects and the sending cards because I'm
Janice Porter:looking at it as a as an exercise in a first impression
Janice Porter:that comes before the first impression. If you make comments
Janice Porter:on people's posts, new people see you, and and does it help
Janice Porter:that person as well as helping you, or who does it help? And so
Janice Porter:far, I think I've had one reply to a comment. That's it. In
Janice Porter:just. Over a week, because we're so busy moving on. I think that
Janice Porter:we don't come back and look to see who's commented on our
Janice Porter:pieces and so on and so forth. And but I don't care. It's not
Janice Porter:why I'm doing. I'm doing it to see what exactly happens. It's
Janice Porter:not making me feel badly or anything, but it's certainly
Janice Porter:making me see what's happening. But oh my goodness, that was
Janice Porter:just gold. That was just gold. It really was, and and and thank
Janice Porter:you for that. It was much appreciated.
Kevin Thompson:You're so welcome.
Janice Porter:Yeah, it's if only more people could just send
Janice Porter:out to give rather than a get to get. You know what's in it for
Janice Porter:me, because it just makes such a world of difference. Okay,
Janice Porter:couple of quick questions before we wrap up that have nothing to
Janice Porter:do with what we do, but who we are, perhaps. So, do you find
Janice Porter:yourself? Are you reading something special right now? Do
Janice Porter:you read real books, or do you read on a Kindle, or do you
Janice Porter:watch videos? I read real
Kevin Thompson:books, and I get people sending or recommending
Kevin Thompson:books, and the most recent one is actually my friend Rob
Kevin Thompson:Onspock just came out with this book, and then I was gone and
Kevin Thompson:talked to him about the things I should have told you while I was
Kevin Thompson:still here.
Janice Porter:And he
Kevin Thompson:is he is still here.
Janice Porter:Yes,
Kevin Thompson:I mean, and and it was a quick, easy read. I
Kevin Thompson:mean, I read this whole book in about two hours and stuff. Okay.
Kevin Thompson:Yeah. Um. Uh. So I I do read regular. I mean, in fact, that
Kevin Thompson:is usually my quiet time in the morning. Is I'm reading
Kevin Thompson:something.
Janice Porter:And is it usually a book for your podcast or a
Janice Porter:nonfiction book or you ever get into?
Kevin Thompson:It could be a business book. It could be a
Kevin Thompson:book that some I get people recommending stuff all the time
Kevin Thompson:to me and stuff and and and when when people get really animated
Kevin Thompson:and talk about how excited it's like oh that gives me jazz so
Kevin Thompson:I'm like oh I'm gonna go pick up that book yeah yeah and I I will
Kevin Thompson:tell you my favorite book ever is is The Go Giver by Bob Bergen
Kevin Thompson:is probably I love that book I've read that book 11 times
Kevin Thompson:now. Have you?
Janice Porter:Well, I read it
Kevin Thompson:once a year.
Janice Porter:I should read it again. I, I always wanted Bob
Janice Porter:Berg to be on my podcast, and I had to, I had to make that
Janice Porter:happen, and I just kept asking people if they knew him, and
Janice Porter:finally somebody did know him and introduced me, and because
Janice Porter:he's that's what he's you know he he's pretty much does that
Janice Porter:now in his retirement right like and whatever. So I was very
Janice Porter:honored to have him on my podcast. I'm sure he's been on
Janice Porter:yours too. But and I also had John David Mann on my podcast,
Janice Porter:his co-author in that book, and yeah. So I'm I'm great, perfect
Janice Porter:book. The one that I remember that got that gets me, and I
Janice Porter:haven't looked at it for a long time, but it's a book called I
Janice Porter:think it's called The One Minute Millionaire.
Kevin Thompson:Okay, and
Janice Porter:the book is written where the story is on
Janice Porter:the left-hand pages of the book, and the business lessons are on
Janice Porter:the right-hand page of the book. So you can either read it
Janice Porter:together or read it. So it's quite brilliant, actually. I
Janice Porter:think it was Robert Allen. I'm looking at it on my shelf, and I
Janice Porter:can't remember. It's on the shelf. I can't see. Anyway, but
Janice Porter:Recently, well, never mind about me. We don't care. This is about
Janice Porter:you. So, do you like movies?
Kevin Thompson:I do. You know, I don't go to a ton of them now,
Kevin Thompson:but we we have we have streaming, and and so yes, I I
Kevin Thompson:do love watching movies for sure. Yes. Okay. Just
Janice Porter:curious because I'm a movie buff and I love it,
Janice Porter:but you've got kids at home, so you're probably influenced by
Janice Porter:what they want to see, right?
Kevin Thompson:Yeah, a lot of times we do watch stuff that
Kevin Thompson:they like to see, and I and I and I like to watch the stuff
Kevin Thompson:that they want to see too, you know. And and then and then my
Kevin Thompson:wife and I, we're we're always up for finding a good movie to
Kevin Thompson:watch too, you know. So yeah,
Janice Porter:okay, that's cool. Well, this has been a
Janice Porter:delight, and I so appreciate you sharing your your intuition and
Janice Porter:your wisdom with us. I really do, and I thank you so much for
Janice Porter:this conversation. Being on both sides of the mic with you has
Janice Porter:been a real treat. And here's a little footnote for everyone
Janice Porter:listening. After our first chat, I don't know if you remember
Janice Porter:this, Kevin, but Kevin updated his LinkedIn profile URL, so you
Janice Porter:can now find him at LinkedIn.com/LinkedIn/Kevyvin.
Janice Porter:How perfect, right?
Kevin Thompson:Yes. Yeah. Yeah. You showed me how to do that.
Kevin Thompson:Yeah. So
Janice Porter:what I'm taking away from today is that a
Janice Porter:business built on conversations isn't about talking to more
Janice Porter:people. It's about how you show up for the ones in front of you.
Janice Porter:So here's a challenge. Think of. One person you've been meaning
Janice Porter:to reach out to and have that conversation this week, or as
Janice Porter:Kevin suggested, open up that phone address book and look in
Janice Porter:there and see if there's more than one person. Because as we
Janice Porter:always say on this show, relationships rule.
Kevin Thompson:That's right. That's right.
Janice Porter:Thank you, Kevin.
Kevin Thompson:You bet. You're so welcome.

