Risk Services Of Arkansas - April 2020

1501 Mart Dr. Little Rock, AR 72202 501.666.6653

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INSIDE This Issue

Take a Walk page 1

Are Business Trips Bad for Your Health? A Fair Question page 2 How Reputation Risk Can Ruin a Company Sudoku page 3

The Most Important Question You Can Ask page 4

‘START WITH WHY’ And Better Business Will Follow

“There are only two ways to influence human behavior: You can manipulate it, or you can inspire it.” –Simon Sinek It can often be hard to clearly articulate what you do for a living. That means it can be difficult to explain your vision to potential clients and customers, which then makes it harder to convince them to purchase your product or services. In “Start With Why,” author Simon Sinek illustrates the importance of explaining to others why you do the business you do rather than explaining what you do or how you do it. Sinek argues that when people start figuring out the “why” in what they do, it inspires action from others in a way that discussing the “what” can’t. Talking about the “why” engages emotions; analyzing the “what” is purely logical. When you try to sell something to people based on “what,” you rely on specific manipulations like price and product details. But if you help people understand why you do what you do by revealing the real purpose and intention behind your reasons, you build a sense of trust. This trust leads to loyalty, and loyalty means that person comes back to do business with you and also refers your business to others. This is how businesses grow!

Figuring out your “why” is a process of discovery, not invention. In order to discover it, you can turn to three key strategies.

Look backward at the original motivation for starting your

business. What specific problem were you trying to solve, and why was it important to you to solve it? • Look outward by asking those around you why they spend time with you or why a customer buys from you. You can learn why people are drawn to you and your business this way. • Look inward by identifying a bigger vision that you wish to contribute to. What do you believe in? What really matters to you? “Start With Why” teaches readers how to go about discovering their “why,” then instructs them on how to effectively use that information to help their business. It also helps them unleash their business’s vast potential that has remained untapped until now.

4 • www.insurica.com • Specialized Insurance Programs for Specialized Industries.

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