In this episode, host Chuck Anderson welcomes technology entrepreneur Tom Gay to discuss the art of building genuine business relationships and leveraging technology for effective networking and prospecting. Tom shares insights and success stories from his experience founding 7 tech companies, and emphasizes the importance of human-centric networking in the digital age.
Guest Bio: Tom Gay is a seasoned technology entrepreneur who has founded 7 successful tech companies, paving the way for innovative solutions in the business world. With a wealth of experience in problem-solving and developing technology solutions, Tom is a strong advocate for relationship building and its impact on business success.
Key Points Discussed:
1. The challenge of managing virtual networking chat data and the need for a solution (00:52)
2. Story of $32,000,000 added portfolio value through relationship-based software (06:15)
3. The significance of genuine human-to-human interaction in digital marketing (15:40)
4. Introduction to relationship enablement tool, ChatBridge, and its benefits (22:03)
5. Importance of networking, prospecting, and following up in business (29:18)
Must-Read Book Recommendation: "Influence" by Dr. Robert Cialdini for understanding influence and relationship building.
Guest's Website: Find more about Tom Gay and his products at ...
ChatBridge: https://chatbridgeconnect.com/?aff=cmapn
EngagePro: https://engagepro.com/?aff=cmapn
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Until next time, keep moving forward!
Chuck Anderson,
Affiliate Management Expert + Investor + Mentor
http://AffiliateManagementExpert.com/
Hello, everybody, and welcome to the show today.
This is the Creative collaboration show with Chuck Anderson.
And, today, if you we're gonna be
talking with a guest who is an expert
at, lead generation and also, you know, filling
your pipeline full of prospects. And, you know, if you're a
business owner, an entrepreneur, likely, this is something you think
about every day. And, so we're constantly
having to generate leads. We're constantly having to find new
prospects. We're constantly putting them in our pipeline and fill it in
and and then following up everyone that's in that pipeline. That
is the sales cycle. That's how it works. And today, my guest
is Tom Gay, who is a, serial
tech technical, what what are we? Tech technology
entrepreneur has developed several technology platforms
and, and I would say, built
7, companies, and we're gonna talk about a couple of
very important companies today that he has developed. But just Tom you know, there's
so much information that, that he's gonna share with you
on filling your pipeline. So, Tom, welcome to the show.
Glad to have you here. Yes. Thank you so much, Chuck. It's an honor to
be here with you. I've, watched you for a good long while and
and to even be teamed up with you today is is really super. Thank
you. Oh, fantastic. Well, I'm really looking forward Tom,
this deep dive Collaboration. And, you know, I remember when you and
I, you know, first or last met 1 on
1, late last year, we had a really, you know,
good conversation about some of the tech that you that you have built,
and I have, I have clients who use your platforms
and partners who use your platforms. And, you know, so this
conversation's been a long time coming. So now,
my very short and butchered, introduction,
was, the you know, a way to start the episode. I think a
great place to, continue on that, Tom, is have
you share a little bit more of the details about who you are and kind
of the work you do, and and we'll we'll go from there.
Well, thank you. I think the I think the a good way to
characterize it is I've been a technology guy
by accident. I'm really more of a
marketing guy who's found technology,
creates a way to solve a problem. For all
of the companies that I've started, it always started with someone coming to me and
saying, we have a problem. Can can you do something about
it? And we adopted a little mantra that said in, well, anytime
more than one person has a problem, there's an opportunity to build
a system to solve it. And if enough people have
it, then you may have a market and a marketplace and a
company to make. And that's led to 7 companies over the
years. And, a good example, the first one, it kinda
it's a fast story. It was
in the late seventies, early eighties and retail chains and fast
food chains were proliferating across the US. And a lot of the
places they would put them would fail. So they came to
us, small consulting firm that I was a principal, said, can
you build a system to help us tell whether a site will be good if
we build there or not? And we ended up
building mathematical forecasting tools that turned into an
$80,000,000 company, worked for practically every retail and restaurant
chain in in North America, went outside as well
and ended up, selling that, at the end of the
eighties for, a very nice outcome.
And it started with a little problem. We buy a piece of property and
and it fails. And that led to a new
company that I started few weeks later after selling
it. I've got this disease of sarditis. And
and, we all A lot of us have that disease.
It's it's it's really a pandemic in my family.
Mhmm. But, nevertheless, another
company, Chuck, that started right after was,
I'm an insurance company. How do I know if this property that I'm
writing policy on is insurable?
Well, since I knew a little bit about arithmetic and
programming there, 2 people turned it into
800 people inside of 9 years. Look at
the Nasdaq, went public, And
we owned in the course of that, if you say,
property, we ended up owning most of the nation's
multiple listing services because that's where property begins. That's
where insurance begins in terms of property, a transaction.
And we sold that to a big, title insurance
organization, Fidelity National Financial. And on
we go. And over the,
the the big transition point was doing a turnaround for a
gent who was a referral sales trainer.
And when I saw what he trained on and learned and
we then turned this company around, I said, we can take all of
this knowledge and turn it into a software tool. And that
became refer.com with close to 5,000,000
subscribers globally and sold that
into a private equity firm about 6 or 7 years ago.
And there's been lots of little stories in between then, but,
it's it's it's fun. Someone came to me this is a
fun story. Someone came to me, a dear friend of mine. You may you may
have have met Jeff Sheehan from Atlanta.
Big influencer on Internet Anderson
LinkedIn and in social media. He came to me and says, Tom,
I've known you for 10 years. I have a problem. What do I
do with these, saved Zoom chats that I get when I come out of
a a networking meeting? It's it's horrible.
I can't use what we save. I said,
Jeff, let me take a look at it. Few months
later, we have have a program that's you see above called
ChatBridge. We just said, well, there's a
problem that one person has. It's same problem as owned by
tens of 1,000, if not millions more. What could we
do? And, that led to the building of a
exciting product that, is now reaching into global audiences.
Mhmm. Well, it's always been find the problem first, find a way to
solve it efficiently. And if you're lucky,
you may have a company in the in the making.
Exactly. And and that exactly it. And, you know, even in my
journey, we've we've come up with that with that same, you know, that same thing
is learning to recognize the opportunities. And
and what you did was you found a way to solve a problem.
And that problem, it's a huge problem that
exists, I would say, especially post 2020,
because now in in, for the lack of better term,
post pandemic world, where
virtual networking opportunities are
more plentiful than they've ever been and have now
become a normal
way of prospecting or finding partners or whatever. And the
work that I do with affiliates, especially, where we're we're on
networking meetings every single day looking for
partnerships, looking for affiliates. And you're right. Like, the
the the chat that you get, it's it's it's like trying
to take a sip of water from a fire hose. It's so much information. And
then how do you have the patience to go back and go
through it all Anderson so that you can follow-up with
we've both gone to some networking meetings in in common, and
there's one I go to regularly where there's a 130 to a
140 people. And as they go through the process of
how they present that meeting,
everyone gets a chance to speak to everyone else.
And very often, there's a 1,000 chat posts in a
meeting like that. Someone will post 4, 5, or 6, or
7 times. So you take a 130 times
5 or 10, you've got a 1,000 cat posts. What
happens is nothing. People don't do anything with
it. So they just spent an hour and a half on something that was
a waste of valuable time, and
there's enormous gold. I used the title of
the book 3 Feet Tom Gold. The people who are doing
networking today and using virtual
platforms literally are standing
3 feet from gold with what lives inside of
that saved Zoom chat. And the question is,
how do you dig that 3 feet to get into that, gold mine that's
awaiting you? That is such a great
point. And, you know, sometimes all it takes is just one good
connection, and it can it it can exponentially
grow your business. I I've I've lived that numerous times.
And then but, you know, it's it's you're always looking
for those relationships, and you never know which one is
is going to be that one that does turn into gold. And
and like you said, you could have met that person numerous times or
you could have bumped into you're you're you're attending the same meetings
numerous Tom. And unless you're following up really well,
then then you you might miss out on that opportunity.
Yeah. Absolutely. And and and today with the,
Anderson we have in virtual networking, I've created a,
you know, sort of a flowchart or an illustration. I call it
a a, sales ecosystem.
And what I mean by that is we start everywhere
at the networking level, but the
results come by how you follow-up. And
then they require you turning that
suspect that you're following up with into a prospect,
which means communications and relationship building.
And with the view that make it through that filter,
it's sort of like narrowing down.
The ecosystem is is turning you towards
building a relationship, which then creates a real prospect and leads,
to a sale or partner or an affiliate
relationship or whatever it is you're looking for speaking stage. But it
starts here broadly in this networking
ecosystem. And you've Gay to break it down through step by step by
step to get it to the point where you're getting the results that you're looking
for. And it's taken something that
looks pretty, you know, random, if you will,
or disorganized and puts it into an orderly flow so that you can
do the right things at the right point at the right stage in that
process. So, you know,
again, staying on this idea of of the
problem that that is being saw I mean, there's 2 things. 1 is,
I mean, networking and following
up from that networking. And, you know, what you and I were talking about even
before this interview was, you know, filling filling your pipeline
and and and and and following up and all of that.
And so so you've you've got these these two
amazing products that do that. Let's let's talk a little bit about, because
so many people in my audience and in my network, they are
attending these networking meetings all the time. And so Mhmm.
So, you know, tell tell them a little bit about what what
the program does and, you know, you know, what what, you know,
what are some of the steps that they should be taking to make sure that
they are not missing out on these opportunities? Like you said, 3 feet from
gold. Yeah. That's,
thank you. What they should be doing
and, again, obviously, I'm here with the platform, and it
has organized the process. Mhmm. I'll I'll describe
what happens and see if that doesn't,
create an understanding that we both are seeking him. You go to a
networking meeting. You save the chat. Everyone screams there's 2 things we've
learned in our in our language today. Save the chat,
and you're muted. Okay?
So we're not gonna talk about the mute. We're gonna talk about save the chat.
It's now automatically downloaded to your computer to
a documents file with a Zoom brand on it label on
it, and that's usually where it ends up staying
unused. With the
tool that we have, it's called ChatBridge, chat bridge connect.
It's the bridge between Zoom chat and
the opportunity that lies inside of that file.
You get a a you have a a saved, Zoom
chat, and most people are using the the
vanilla save chat. Some people have little AI tools that,
do a little work with it. Zoom has a little AI tool. It doesn't work
with it. We don't care. We we work with all that
we've discovered. In a couple of milliseconds, when
you bring that awful to use dot text file
into ChatBridge, it converts it into a follow-up
database organized by name,
alphabetized by attendee name, if you will.
If they posted once or 17 times, all of those posts
have been brought into their record for that person. So now you
have a way to screen everything that they posted. If
they've added their email address and phone numbers,
it's all displayed there because that's the start of a follow-up.
But before you follow-up, you wanna look at what they
said in ChatBridge click on a little icon and up post
everything they said for the whole day in that meeting.
But if they've added links, like,
oftentimes, you'll see a link to to their LinkedIn profile
or their Calendly calendaring tool or their
website. If they've added that to their chat, we've extracted
that, put it under another icon. You click on that, and you can open up
their profile in LinkedIn or Facebook or Linktree or whatever else
it is that they put there. And now all of a sudden, you've got
the of seeing who they are, seeing
how to contact them, seeing what they said that may
attract you towards them because they could be a prospect
or a speaking opportunity or whatever. Chuck,
and this is important, this next step. Click on their links
to find out what they're all about. Because in
order for you to turn that contact into an opportunity,
you you need Tom pass through the gateway of relationship.
See what they're all about, learn where they what what their
interests are, where they went to school, what their their causes may
be, whatever it is that you're going into. So now you're equipped with
information on how to talk to them.
Give you an example. I got a, one of those introductions
from a friend, Tom meet Charlie.
Charlie meet Tom. The person who introduced me, I have
a a good standing with, so I knew it would be a good introduction.
I I went to Charlie's LinkedIn page, learned that he's a Miami
Dolphins fan, learned that he's a he's a
director of the Little League Youth Baseball
in his city. Now I have two pieces of information
about him. There was more.
I have these two pieces of information that I now bring
over into my follow-up conversation and lead
with that. When I lead with
things about what anyone else
cares about, ChatBridge of
trust starts to be formed. So we become
receptive to communicating when we're talking with people who
Show interest in what it is that we have an interest in.
And that's what ChatBridge enabled
enables, I should say. Mhmm. Now
I could do a few things with that. I take Charlie and I put a
click next to him. I can go through a whole list of a 125,
30 names in 20 minutes and find the 10 that I wanna
follow-up with. Screen quickly, check.
Screen again, check. Go down 5 places till I find another
one. Now with a click of the mouse, those 10
people are set aside into your follow-up system.
I can do more with it. I can export that list of of
people if I wanna work with it in a CRM or or take it
outside somewhere. I can send it over to one of our other tools that we
provide. But it's fast. It's easy.
Simple. Doesn't even need a user guide. We've made it that simple.
And some people I'll give you an example. There's
a, client we have, a raving fan. She had 20
saved Zoom chats. She sent me a a note
saying she was amazed. In 30 minutes, she had
uploaded all 20 into ChatBridge and found 400
people she had not followed up with. I'd simply
missed. Now she had these 400 in a in a
new list of, candidates. I call them suspects.
Suspect versus prospect. And she was just beside
herself at how easy it was.
Amazing. You know, I can't tell you how many times
like I said, I I'm on these networking meetings every single
Gay, and I open up the chat,
and it's overwhelming. It's it's it's first of all,
I I make notes of everybody that I met or that I heard that I
wanna follow-up with. But then to go back later and find
that information in the chat, well,
first of all, it can take a lot more than 20 minutes, especially
we're talking multiple people. And, I think that's where it falls
down when we don't have a lot of time to do that
and, and then to go back and get all that information out of there. I
love what you said, and especially what what I heard you say is you
do your homework, And that is go and learn go and click on
their LinkedIn. Go and click on their social profiles. Learn a few
things about that. That's a key tip. I mean, it's not
about the automation, but, I mean, that's a key tip, that
I I do. Let's talk a little bit about that and the value
of really getting to know who you're following up with.
Well, that's it is vital. And I've spent a, the last 15 years
of my life teaching professionals that that is the key to
getting in the door. You will break through
the gatekeepers. You will break through the barriers
we all put up if you will simply build
a relationship that reaches
over those barriers into the areas of interest of the people that you're
trying to meet. I have a lot of people in my,
my client list who come out of the insurance business. Well, they're in the
insurance business. And they
always face the problem of people not wanting to talk with them
because they know they're going to get offered something
that they don't feel they need or don't know enough about to really recognize the
need. Well, if you're going to sell insurance, you're
not going to, likely make the grade.
If you're going to show them your character and your competence,
showing them that you care, you care about them,
and also you're competent about what it is
that you do. Those two things together are going to create
what we call the trust ChatBridge. And across that trust
ChatBridge, business is done.
Anderson know, I have a
it's it's it's sort of, an amazing story. I have one client that
spent about $300 on a piece of software in my last company
that helped him do that. In his 1st year, he got $32,000,000
in AUM added to the portfolio he was managing.
And, you know, that's $4,000,000 a year
income for a onetime investment such as
it was back then. And, and that'll
that'll keep paying him for as long as he takes good care of his clients.
Relationships always trump
anything in the digital marketing space. I know I may offend some of
your your, viewers, but I don't mean to do that. I just mean to
say, don't leave out the people to
people side of this because when you bring it in, you're gonna stand out
from everybody else.
So Yeah. Well, you're certainly not gonna offend me and and
and, you know, my audience and especially my clients hear me say
all the time, you know, with with our work, with recruiting
affiliates and and doing JV partner deals and
and and such, is that the foundation
of all of this is the r word. Well, I always ask
people like, do you guys remember what I said the r word is
and and and the the r word is relationship. You
you gotta build relationships. And what I I love about
especially as you were describing, you know, that adding that feature
to ChatBridge is going and learning a
few things. It it helps to start the relationship. Like you said, it through
the gatekeepers, and and it brings the filters down for
sure where you can actually it's real connection. And all the time,
I'm spammed on LinkedIn, say, oh, I I I wanna
connect. And and so okay. Okay. Great. And so
you connect. And what's the very first thing they do is they
spew their offer. You know, they and then
and my response is, that's not connection.
Yeah. I call it the, show up and throw up style of marketing.
It it doesn't work. In fact, it's worse now because there are more
automated bots that are doing the, the showing up and
throwing the than than ever.
And, you know, I teach a a a little segment of what I
provide, called an appreciation exercise.
So it's built into one of my software tools.
And it's easy to say you can't go
wrong by being appreciative. Let's just
accept that as a truism. Well, I had
one one, client, and I
struggle with the word client because they become friends pretty quickly. Mhmm.
He he follows this process that I that I gave to
him as a client. On his first
day, I gave him instruction. Go do this with 10 people.
On his very first day, he said sent me an a,
a message back. He said, comma, I had 6 people
respond back to me immediately when I did this.
And one of them gave me a referral to
someone who needs to talk to me about what it it is I do on
my first day. It's because we led with the
r word, which is the subset of
that is appreciation. So,
it's it it's the the best marketing mechanisms
that, I've ever seen. There
and and it requires work in in in
what I I I love about that is and it doesn't have to, you know,
take you a long Tom. And what you described, ChatBridge does, is it
saves you a lot of time in doing that. But just spend a few minutes
on their website. Send us a few minutes on their social media,
learning about the person you're connecting with and have real
connections. And, you know, I I do believe that that's the foundation of
all the affiliate relationships, the collaborations, the joint
venture partnerships that we that we do,
and, you know, it's it's it's building a relationship.
Having a podcast interview like this is relationship building. We get to
spend half an hour together. Yeah. No. It's you're exactly right.
You're exactly right, Chuck. And and as
as as I say it, when you have them
by the relationships, their hearts and minds will follow.
Okay. That's beautiful. Now that's a paraphrase of an old,
Lyndon Johnson statement back in the sixties. There's probably no one listening to
it old enough to remember him. But, nevertheless,
relationships create bonds, and those bonds become the
bridge across which everything we do
or want to do can take place. And it's not gonna
happen inside of a LinkedIn, Spotify community,
or anything that's entirely digital.
Yeah. It really does need to be human to human interaction. You
can't you can't automate relationship building as much as
people try, because it's gonna fall down somewhere, and
and it's just it's not connection. It's just not Even
AI will not deliver it to you. It can equip you,
and it does. And I use it almost every day. However,
it's, incomplete. As I say, it's not incorrect to use it.
It's incomplete to depend on it solely.
And as you know, I have I have
a a software tool that isn't a relationship enablement tool,
referral focused relationship enablement tool.
And someone, knocked me over about a month ago. He came to
me and said, Tom, what you've done
is you've taken the principles of Bob Berg's
Go Giver book series and very famous,
well known. And he says you basically put it into a
systematic tool to build
relationships. And go givers do sell more
as Bob's book title, describes.
Wow. That is that that is so true. And, well,
I I I even forgot that that's where that came from.
But, that that really does, you know,
certainly clarify it for me. I mean, it it's about as close to
automation as a relationship building as as
as you can get. Right? Yep. Yep. Yep. This is
fascinating. Go ahead. I'm sorry. Yeah. I was just gonna say, I mean, before we
run out of time, I had 2 things I wanna do. I've got a couple
of follow-up questions for you, but I all I think most importantly, let's give
some people some information on how they can connect with you about
ChatBridge and Engage Pro, and we'll put those
links, in beneath this video Anderson the
podcast. We'll put them all in there so people can can get that from you.
You wanna tell them a little bit more about what
they're clicking on and and, what their next steps should
be? Well, I would say everyone's first step should be to
click on the link that takes them to Tom a chat bridge. If they're
virtual in virtual networking, click on that that
link. You they're gonna find it's easy to understand, very
economical. And it
as some of the people we work with in common
say, it just works. Mhmm. You know, when when it's as
simple as that. And then from there,
the next step will will be, well, do I wanna take these 5
people that I've met into a know, like, and
trust relationship that will lead to our doing something together?
Sell my product, build a joint venture, become a an
affiliate, speak on their stage, whatever it is.
The ChatBridge tool connects with my other tool, the link is below as
well, called Gay. Engage
Pro is, a tool that will help you build a circle of
trusted relationships, your own referral team, your partners,
and they become partners for more than business. They become partners
for life when you focus on what they care about. Show we
we've we've created a couple of tools. We've tied them together,
technically speaking. I won't give you the jargon, but one talks to
the other. And, very simple, very easy, and
and and economical as well. And, you know, one of the
things I'm really proud of, I'll I'll get in before before we run out of
time, is we were approached near the end of the year
by a company that a lot of us are are well familiar with by the
name of Alignable, alignable.com. 8 and a half
1000000 members. When they saw what we
did, they said, we wanna become a partner with you. So now
our products are being offered by them for their audience of 8
and a half 1000000 people. So the best, I
could say from that is we've proven it just by
the the character of what the product does.
I think that that really sells it for me,
and I highly recommend that anyone who is
actively out there networking and prospecting
and generating leads, you'd need to take a look at both of
these products. First of all, if you are on
any sort of virtual networking meetings where you need to go
back through that chat and find the gold in there, find the people you wanna
follow-up with, you need ChatBridge. And then when you
wanna build the relationships with those people, take a look at Gay
pro. We've got the links to both of those programs beneath this video. If you're
watching this on video, if you're listening to this on podcast, all the links
there are there as well. And, you know, Tom,
I think I have to have you back again and maybe even come and speak
to our our group because, you know, in the work that my
clients do with recruiting affiliates and, joint
venture partners, I think every single one of them,
should have this. And, so we'll definitely be chatting more,
about that. Well, this has been
great. I I think we've we've covered a lot of ground, but we've also only
scratched the surface. So, I I
always recommend people, you know, take, you know, you know,
take action on, on what we've, talked about here
today. So before we, before we sign off, I just have to ask because
this has started off as a social experiment for me, in some of
my earlier episodes, and now it's just fascinating. I ask every guest while
they're here, if you could name just one book.
Just one book is a must read book that everybody goes and checks out
or make a difference in their business or their life or whatever it is, or
maybe it's just been really impactful to you, what what
book would that be? Well, thank you.
And and I've been a prolific reader. There is one book that I think
is baked into everything that I am and do today, and
that's a book published about 25 years ago by doctor Robert
Cialdini by the title of influence.
And influence Cialdini is I'll spell it, cialdini,
former professor at Arizona State University. After
studying this, he came up with 5 factors that make you stand
out as person of influence in whatever circles you work
in. Those five factors are
built into what makes my software do what it does for
people. So we married that with what we do.
And I'll just give you one. The one of the
influence factors is the principle of scarcity. When
you stand out by being one of the few who do the
relationship building the right way, guess what?
You grow in influence and you attract people towards you.
So influence is is it it it's goals for
people. We we could do an entire hour just
on that. And, you know, of course, I have not only
read all 3 of doctor Cialdini's books, but I
am, fascinated by everything
that he, has taught, and and influence, I think, is
required reading for anyone who markets themselves
and and and has a product that they sell
and to really understand how those principles work. And
they're game changers. They're absolute game changers. A 100% with
you. We're joined together, hip to hit up on that
one. Wonderful. Tom, this has
been a lot of fun, and I and I and I've really enjoyed, our time
together. Of course, like we said, go get ChatBridge, go
get engage pro, or at least check them out. The links are all there. And,
and connect with Tom. We've got all the links, there,
beneath the video and in the podcast show notes. So, Tom, as we, bring
this episode to a to a close, I'm just gonna ask you if you have
any final, tips or words of wisdom that you
wanna leave our, audience with here today.
Probably the best one is is to Tom,
think about the people you're trying to connect with and build a relationship
with, find out what they're really all about,
and and enter the the conversation through that
doorway. Put your own product aside. Go talk to
them about them. And what happens is the doors
will will open. Talk to
them about them. Yes. And that
is the opposite of what we see so many people doing at these
networking events. We could do another episode all on that. That's so
cool. That's true. Brilliantly said.
Tom, thank you so much. And to our audience, thank you as well. I hope
you've learned something here today, and, make this
meaningful. Take something you've learned here today. Pick one
thing and take action on it. Maybe it's some follow-up
that has been, eluding you for a while. You need to go and do
that today, or maybe it's to go and check
out chat bridge to make it easier for you. That is a good an easy
action step for you to take, here as well. So,
so thank you to Tom. Thank you to our audience. This
has been Chuck Anderson with the Creative Collaboration Show, and we'll see you on the
next one, everybody. Thank you.