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Consider the Corporate Gatekeeper

By: Dave Berkus

 

Consider the Corporate Gatekeeper

Looking for an entrance into a VC, an angel group, a bank, a CxO for a sales opportunity, or any other entity? There are always gate keepers whose job it is to filter out the inconsequential or inappropriate, and allow through those with most promise. That said, gatekeepers can and do block some great opportunities before the decision maker even has a chance to use his or her expertise to evaluate.

So how do you reconcile this? Getting beyond the gatekeeper and finding your way directly to the decision maker(s)? Every sales person with a bit of street history will resonate with this question.

One answer is to find someone with a relationship to either the gatekeeper of the decision-maker. LinkedIn might be good as a start, but beware. Few of your contacts will be willing to use their valuable social or political capital helping you with a sales effort, and you will definitely strain your relationship with the intermediary if not a close friend.

Using your attorney or accountant to find who is close to the decision maker sometimes works. After all, you have a paying relationship with these resources, and asking for help is not considered a daunting request. Do you have any contacts or friends within the target company? An inside name is an excellent ice-breaking opportunity.

Are you working with or selling to a particularly important competitor to your target customer? Dropping that name will often immediately draw a response if the decision-maker is curious or particularly competitive. Just remember, selling can be a strip-tease in which you reveal very little in the name of confidentiality, making it appear to be valuable comparative information. Let me reinforce this: never reveal competitive information to gain access or advantage. It is unethical and your target will immediately worry whether you might do the same someday.

Another way to approach the gatekeeper directly is with a strategic idea or extremely profitable suggestion that he or she can make their own, and enhance their standing within the company. You must be willing to offer this freely, obviously ultimately connected to your product or service for implementation, but never claimed by you to be your idea.

One of my companies is in just such a position as I write this, able to offer an idea that is worth many millions and saving massive headaches, but having to make the idea owned by the gatekeeper. It takes careful presentation, lack of ego, and a real focus on the implementation tactics to make this work. But what power. So, after all, do consider the gatekeeper as a potential partner whose “commission” on the sale is social and political approval from above. Or, if you can pull it off without alienation, don’t take the time to consider the gatekeeper at all.

Published: April 12, 2016
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Source: Berkonomics

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Dave Berkus

Dave Berkus is a noted speaker, author and early stage private equity investor. He is acknowledged as one of the most active angel investors in the country, having made and actively participated in over 87 technology investments during the past decade. He currently manages two angel VC funds (Berkus Technology Ventures, LLC and Kodiak Ventures, L.P.) Dave is past Chairman of the Tech Coast Angels, one of the largest angel networks in the United States. Dave is author of “Basic Berkonomics,” “Berkonomics,” “Advanced Berkonomics,” “Extending the Runway,” and the Small Business Success Collection. Find out more at Berkus.com or contact Dave at dberkus@berkus.com

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