WEBVTT
00:00:00.080 --> 00:00:02.240
That they will never let go of a hug first.
00:00:02.560 --> 00:00:05.919
They have to hold on to that kid until the kid lets you go.
00:00:06.160 --> 00:00:11.519
Think about the last time that you felt rushed during a really important conversation.
00:00:11.679 --> 00:00:14.960
Now imagine if that moment had been designed differently on purpose.
00:00:15.199 --> 00:00:18.079
Disney designs for that moment, almost no one else does.
00:00:18.480 --> 00:00:23.760
And today we're taking a case study in Disney and how to apply it to our own businesses and our own lives.
00:00:23.839 --> 00:00:26.559
And I'm excited for this one because I love Disney.
00:00:26.719 --> 00:00:27.679
My family does too.
00:00:27.839 --> 00:00:29.920
And I've experienced this in real time.
00:00:30.000 --> 00:00:33.439
And once you hear some of this, I think you'll be like, oh, that makes sense.
00:00:33.520 --> 00:00:34.479
I I understand that.
00:00:34.560 --> 00:00:37.920
Like I've experienced that, but you didn't realize it was very much by design.
00:00:38.240 --> 00:00:39.759
So that's what we're talking about today.
00:00:40.479 --> 00:00:40.960
Yes.
00:00:41.119 --> 00:00:48.560
You know, you said the word Disney and I instantly like two, three moments come rushing to my head and experiences that we had there.
00:00:48.640 --> 00:00:51.759
I mean, we've done cruises and stuff, but can I share a small one really fast?
00:00:51.920 --> 00:00:53.200
This is totally off script, Jen.
00:00:53.359 --> 00:00:53.759
I love it.
00:00:53.920 --> 00:00:54.399
Go for it.
00:00:54.640 --> 00:00:59.840
When my uh son Austin was five or six, we went to Disneyland with some friends.
00:01:00.079 --> 00:01:01.600
We were riding rides.
00:01:01.920 --> 00:01:04.959
He uh we were in line for a ride and he slipped back.
00:01:05.040 --> 00:01:10.799
He was kind of sitting on a fence that he wasn't supposed to, and he slipped back and hit his head and split it open pretty good.
00:01:10.959 --> 00:01:12.959
And it started bleeding everywhere.
00:01:13.200 --> 00:01:14.640
And as a mom, I don't know what to do.
00:01:14.799 --> 00:01:15.920
I put my hand on the back of it.
00:01:16.079 --> 00:01:19.120
And when there's uh hundreds of people in front of us, hundreds of people behind us.
00:01:19.200 --> 00:01:19.439
Yeah.
00:01:19.599 --> 00:01:21.120
We rush, people are like, go to the front.
00:01:21.200 --> 00:01:22.959
We rush to the front and they're like, stay here.
00:01:23.120 --> 00:01:24.719
We're gonna bring a doctor to you.
00:01:24.879 --> 00:01:27.680
We don't want you to have to, you know, go out there in this madness.
00:01:27.840 --> 00:01:30.560
They bring somebody to us and we get it all cleaned up.
00:01:30.719 --> 00:01:31.599
It wasn't that big.
00:01:31.760 --> 00:01:34.000
The blood was a lot, but it wasn't that big of a cut.
00:01:34.239 --> 00:01:40.079
And then the doctor said, You can either take him to the hospital and get a stitch or two, or we can wrap it real good and you guys can stay.
00:01:40.159 --> 00:01:40.799
It's up to you.
00:01:41.040 --> 00:01:43.120
Well, of course, me, I'm like, we're staying.
00:01:43.359 --> 00:01:44.799
Yeah, you paid a lot of money to be there.
00:01:45.200 --> 00:01:47.359
And it's a lot to get in and out of the park, right?
00:01:47.599 --> 00:01:51.840
And so they wrap his head up with this goss.
00:01:52.079 --> 00:01:56.560
So he really, I mean, it it changed the whole rest of the trip.
00:01:56.879 --> 00:02:00.079
Everybody there thought we were there like as a make-a-wish.
00:02:00.480 --> 00:02:01.920
I remember you telling me this actually.
00:02:03.519 --> 00:02:10.960
But but um they went all out after this to make sure that we enjoyed the rest of our experience.
00:02:11.120 --> 00:02:12.240
I mean all out.
00:02:12.719 --> 00:02:22.479
I mean passes to the back of every, like the front of every line, the handicap, like all of it for our entire group for the rest of the day.
00:02:22.800 --> 00:02:28.560
And every time we passed a character, they all went straight to Austin and and gave them hugs.
00:02:28.639 --> 00:02:30.800
And you know, so we were talking about that hug straight.
00:02:30.879 --> 00:02:31.599
I'll let you tell that.
00:02:31.759 --> 00:02:41.360
But like so, the second you say Disney and the experience, like, and I think everybody probably has those magic moments or those things that they can remember, those feelings.
00:02:41.680 --> 00:02:43.039
The way that Disney made them feel.
00:02:43.280 --> 00:02:43.840
Yes.
00:02:44.080 --> 00:02:44.479
Yeah.
00:02:44.639 --> 00:02:46.000
And that's what it's all about for me.
00:02:46.080 --> 00:02:47.680
And and that's why I'm kind of exploring this.
00:02:47.759 --> 00:02:50.080
Is like I'm obsessed with the way that we make people feel.
00:02:50.159 --> 00:02:52.240
It's become well, tell them about the hug rule.
00:02:52.400 --> 00:02:53.599
So this is this one.
00:02:53.680 --> 00:02:54.159
I didn't know this.
00:02:54.240 --> 00:02:57.360
You just shared this with me, and I I can feel this when you said it.
00:02:57.599 --> 00:03:00.080
Yeah, so m maybe some people know this, maybe they don't.
00:03:00.159 --> 00:03:02.960
Um, it was news to me when I heard it after I'd been to Disney multiple times.
00:03:03.280 --> 00:03:04.400
I never heard it until you just told me.
00:03:04.560 --> 00:03:19.919
Um, but it is a hard and fast rule, and Disney lore and and uh all the cast members or you know, the princesses and and um, you know, Mickey and Minnie, like as they're walking around the park, all of the cast members are instructed that they will never let go of a hug first.
00:03:20.319 --> 00:03:23.520
So a kid goes up to them and hugs them and they hug back.
00:03:23.680 --> 00:03:26.319
They have to hold on to that kid until the kid lets go.
00:03:26.479 --> 00:03:27.599
Until the kid lets go.
00:03:28.000 --> 00:03:43.360
Sounds really like kind of insignificant in the grand scheme of things, but it's such an intentional, uh awesome thing if you really think about it, because what it really means is that uh the experience that that child is having, it's up to them.
00:03:43.599 --> 00:03:47.840
Like they decide when that experience ends, not the cast member.
00:03:47.919 --> 00:03:57.840
And like it's a lot I even think about too when you know, when you give I'm a hugger, so I love hugging people, but when people give long hugs, it just feels different.
00:03:58.080 --> 00:03:59.039
I'll tell you what, try this at home.
00:03:59.120 --> 00:03:59.520
It feels different.
00:03:59.840 --> 00:04:04.560
Try the Disney rule at home with your spouse, uh, with your kids.
00:04:04.960 --> 00:04:08.960
If you're gonna adopt one thing from this episode, just you can stop here and adopt that one.
00:04:09.759 --> 00:04:10.240
The hug rule.
00:04:10.400 --> 00:04:10.719
It's so good.
00:04:10.879 --> 00:04:11.439
Yeah, there we go.
00:04:11.520 --> 00:04:12.879
It's what two-minute episode.
00:04:13.439 --> 00:04:23.600
Uh, but no, that I mean, literally adopt this and then think about okay, how do we in the mortgage industry or realtors, we may not have an opportunity to hug our guests.
00:04:23.680 --> 00:04:25.360
It's not, we're not Disneyland.
00:04:25.439 --> 00:04:26.879
Uh how much we wish that we were.
00:04:26.959 --> 00:04:27.439
Yeah, right.
00:04:27.759 --> 00:04:30.720
Yeah, it might be weird to do a real long hug first time you meet a client.
00:04:30.959 --> 00:04:31.199
Right.
00:04:31.360 --> 00:04:33.839
And we don't meet clients uh a ton of times.
00:04:34.000 --> 00:04:39.279
We might see them at the at uh our our buyer strategy session, which you and I are unique, that we're even doing it in person anymore.
00:04:39.439 --> 00:04:44.480
A lot of a lot of lenders are never meeting their customers because they're not doing it up front, they're not going to closings.
00:04:44.639 --> 00:04:51.920
So we have a couple of opportunities, maybe where we see them, and then after closing, obviously, you know, um, you know, client events and stuff.
00:04:52.079 --> 00:04:54.639
But beginning, we're not in a hugging stage.
00:04:54.720 --> 00:04:54.959
Yep.
00:04:55.120 --> 00:04:55.360
Right.
00:04:55.600 --> 00:05:08.079
So if we're looking at this from a small business aspect, is how do we take that concept and we look at how does how do we integrate the customer deciding when the experience with us ends?
00:05:08.319 --> 00:05:14.560
So I looked at it from the perspective of our buyer consultation, our buyer strategy meeting when we meet with them.
00:05:14.800 --> 00:05:18.399
How do we integrate this so they decide when that meeting ends?
00:05:18.480 --> 00:05:26.480
Because typically what I'd always done for the longest time is I would give them all the information that I thought they would need to go out in the world and be a very confident and courageous buyer.
00:05:26.560 --> 00:05:26.720
Right.
00:05:26.959 --> 00:05:27.680
That's still the goal.
00:05:28.079 --> 00:05:31.360
And so I tell them up front clarity is my goal with this meeting.
00:05:31.439 --> 00:05:40.959
And because I think if I can get you to an eight or a nine out of 10 on the clarity scale, you're gonna leave here with a super high sense of confidence and a healthy dose of courage.
00:05:41.040 --> 00:05:45.120
And I think that's what you deserve as a buyer in this market or any market, right?
00:05:45.439 --> 00:05:50.480
And they uh they nod their head, they agree with that, they they like that, and then I get their buy-in, you know, is that fair?
00:05:50.560 --> 00:05:53.199
And then I tell them I'm gonna check in with you as we go.
00:05:53.439 --> 00:05:58.399
And we're not done until you tell me that you're at least an eight or a nine.
00:05:58.480 --> 00:05:59.519
I think 10 is pushing it.
00:05:59.600 --> 00:06:03.279
Like to get to a 10, you've got to process all this information, try to get there.
00:06:03.360 --> 00:06:04.800
I think you is ambitious.
00:06:04.879 --> 00:06:07.360
But if we can get to an eight or nine, I'm really happy.
00:06:07.519 --> 00:06:09.279
Uh, so where are you right now?
00:06:09.600 --> 00:06:17.920
And then as we go, I check in one or two more times throughout that process as I'm going through payments and cash to close and credit and all of those things.
00:06:18.079 --> 00:06:19.920
And I ask a couple times, how are you feeling?
00:06:20.079 --> 00:06:22.079
Like, where's your clarity meter now?
00:06:22.160 --> 00:06:22.720
Yeah, right?
00:06:22.959 --> 00:06:24.480
Honest, give me honesty.
00:06:24.639 --> 00:06:26.399
And typically they're not there yet.
00:06:26.480 --> 00:06:28.240
They're not an eight or nine yet, and that's fair.
00:06:28.399 --> 00:06:31.839
But by the end, you know, when I'm done, I don't just say, well, that's it.
00:06:31.920 --> 00:06:33.519
Like, here's your pre-approval letter.
00:06:33.600 --> 00:06:34.399
Go out in the world.
00:06:34.560 --> 00:06:37.920
I'm bringing that full circle and saying, Are you where are you now?
00:06:38.000 --> 00:06:38.160
Right.
00:06:38.319 --> 00:06:38.399
Right.
00:06:38.560 --> 00:06:44.319
And if they're not an eight or nine, then I honor that and I say, okay, what can we do right now that can get you to an eight or nine?
00:06:44.399 --> 00:06:45.439
What questions can I answer?
00:06:45.600 --> 00:06:48.560
And they're the ones deciding when that experience ends.
00:06:48.639 --> 00:06:56.319
So it's not an exact parallel, but it's the closest I could think of in our business, how we can give them agency over when that that interaction ends.
00:06:56.560 --> 00:06:56.879
Yeah.
00:06:57.120 --> 00:06:58.959
I think I I love that analogy.
00:06:59.040 --> 00:07:09.120
I for a simple, I think it's we have to make sure that the client is good on whatever that is, and it and and not rush them, right?
00:07:09.360 --> 00:07:11.519
Now, on the other side of that, I think it's very important.
00:07:11.600 --> 00:07:14.959
And I always try to ask this with clients, how much time do you have for me?
00:07:15.199 --> 00:07:15.839
Yeah, that's fair.
00:07:15.920 --> 00:07:17.839
Because you want to honor their their time too.
00:07:18.399 --> 00:07:21.839
Um, and so how much time do you have allotted for this?
00:07:22.079 --> 00:07:29.279
But I really want to make sure we're not rushing through this and you're not feeling like I'm pushing you, like, hurry up, let's let's move through this.
00:07:29.439 --> 00:07:30.160
So feel free.
00:07:30.319 --> 00:07:32.000
I want you to to feel comfortable in this.
00:07:32.079 --> 00:07:32.480
I love that.
00:07:32.560 --> 00:07:33.360
I love that analogy.
00:07:33.439 --> 00:07:41.680
You know, like when we take it back to Disney, you know, they don't just rely on nice people or nice service, like they really rely on designed moments.
00:07:41.920 --> 00:07:42.240
Yeah.
00:07:42.480 --> 00:07:45.120
You know, that's their choreograph game.
00:07:45.759 --> 00:07:45.920
Yep.
00:07:46.000 --> 00:07:47.680
That is Disney by design.
00:07:47.839 --> 00:07:52.000
Um, and so they're an awesome case study if you're looking at your your client experience.
00:07:52.160 --> 00:07:53.360
How can you level that up?
00:07:53.519 --> 00:07:55.839
Disney is an awesome one to check out.
00:07:56.000 --> 00:08:01.680
I think, you know, it just anxiety drops when there isn't uh a feel of control.
00:08:01.839 --> 00:08:06.399
Yes, right, when they have agency in that another great example is just restaurants.
00:08:06.560 --> 00:08:08.000
Like, think about the difference of your experience.
00:08:08.079 --> 00:08:11.680
When you go to a restaurant, you can tell they're trying to get you cleared out of air.
00:08:11.759 --> 00:08:16.160
Like they drop off the check and you can tell they're rushing you to get out because they want somebody else to sit down.
00:08:16.399 --> 00:08:24.319
Versus a restaurant, you know, Will Ghidara's book on reasonable hospitality talks about how he created dropping off the check as a signature part of their experience.
00:08:24.480 --> 00:08:31.920
That he would drop off a bottle of um, a bottle of booze, basically, and say, drink as much as you like, take as much time as you like.
00:08:32.000 --> 00:08:34.639
And you're taking a friction point, like dropping off a check.
00:08:34.879 --> 00:08:36.159
They're a very expensive restaurant.
00:08:36.399 --> 00:08:39.200
So it could definitely be an anxious time in the experience.
00:08:39.279 --> 00:08:43.600
And instead of rushing them out of there, it they acknowledge hey, this is a tension point.
00:08:43.840 --> 00:08:54.559
They get out in front of it and they drop a bottle of alcohol and say, drink as much as you like, stay as long as you like, the table's yours until you want to leave, and they just create an experience out of that.
00:08:54.639 --> 00:09:00.960
And they that's another one giving agency over the the rest, the diners having agency over when that experience ends.
00:09:01.279 --> 00:09:12.960
Well, so a couple things, and you were explaining this to me about Disney, how Disney they they obsess over certain moments, like your first impression moment, your moments of confusion and your moments of stress, right?
00:09:13.279 --> 00:09:15.039
And and then your final moment.
00:09:15.360 --> 00:09:23.519
And so obviously in real estate and mortgage, there's lots of moments of confusion and and moments of stress.
00:09:23.759 --> 00:09:34.240
So when I when you just explain that about the dropping off the bottle at the time of the check, that would be the maybe the small moment of confusion or stress for that.
00:09:34.480 --> 00:09:36.480
We can identify several of those in our industry.
00:09:36.879 --> 00:09:37.120
Absolutely.
00:09:37.440 --> 00:09:38.320
I'm sure any industry can.
00:09:38.399 --> 00:09:42.080
If you think about your client experience, like where is the anx anxiety?
00:09:42.240 --> 00:09:43.440
Where is anxiety peaking?
00:09:43.679 --> 00:09:43.840
Right.
00:09:43.919 --> 00:09:44.080
Right.
00:09:44.320 --> 00:09:53.039
And so they they take those times though, and they figure out how to make it more enjoyable, you know, that that exact piece.
00:09:53.120 --> 00:09:54.240
And they've studied that.
00:09:54.399 --> 00:10:02.080
And that's where I think the magic is is, you know, and and one of my mentors always says, Man, problems are great.
00:10:02.240 --> 00:10:07.840
When we have problems, they're great because they can turn into so much opportunity depending on how you handle the problem.
00:10:08.000 --> 00:10:08.240
Yeah.
00:10:08.399 --> 00:10:10.159
But Disney doesn't just handle the problem.
00:10:10.320 --> 00:10:12.080
They've thought through the problem ahead of time.
00:10:12.399 --> 00:10:15.759
They've gotten out in front of those things and said this could be a problem.
00:10:16.080 --> 00:10:18.480
And here's how we're gonna handle it ahead of time.
00:10:18.639 --> 00:10:22.000
And here, not that we're not gonna have the problem because life they know it's gonna happen.
00:10:22.240 --> 00:10:23.039
They know it's gonna happen.
00:10:23.120 --> 00:10:26.480
And and I'm sorry, guys, but life would be really boring without problems.
00:10:26.559 --> 00:10:27.200
It just would.
00:10:27.759 --> 00:10:29.360
Well, your example is perfect, right?
00:10:29.600 --> 00:10:30.480
It was Wyatt, right?
00:10:30.639 --> 00:10:30.799
Yeah.
00:10:31.039 --> 00:10:31.279
Austin.
00:10:31.759 --> 00:10:32.559
It was Austin, sorry.
00:10:32.720 --> 00:10:35.200
With Austin, like that example, they had thought ahead.
00:10:35.279 --> 00:10:40.639
When somebody gets injured at the park, here's how here's what we do, here's how we spring into action.
00:10:40.879 --> 00:10:43.919
That was not just off the cuff how they dealt with it.
00:10:44.000 --> 00:10:44.799
They'd been trained.
00:10:44.879 --> 00:10:45.039
Sure.
00:10:45.279 --> 00:10:46.720
These moments they knew would come up.
00:10:46.879 --> 00:10:47.759
Well, it makes sense, right?
00:10:47.919 --> 00:10:54.159
Who wants a mom and a screaming kid with the walking all through?
00:10:54.320 --> 00:10:55.519
But that's for everybody else.
00:10:55.600 --> 00:10:58.879
But then for us, like we're already heightened, we're already stressed.
00:10:58.960 --> 00:10:59.679
Where do we go?
00:10:59.840 --> 00:11:00.879
How do we find the place?
00:11:01.039 --> 00:11:03.679
This place is massive, it's busy, it's chaotic.
00:11:03.840 --> 00:11:07.200
No, you just sit here, we're come, we're gonna bring somebody to you to fix this right now.
00:11:07.360 --> 00:11:07.600
Yep.
00:11:07.759 --> 00:11:08.720
You just sit here and breathe.
00:11:08.799 --> 00:11:12.480
And by the time the actual doctor got there, um, Austin was finally calmed down.
00:11:12.559 --> 00:11:14.240
You know, I mean, he's five and there's blood everywhere.
00:11:14.320 --> 00:11:15.440
He's screaming bloody murder.
00:11:15.600 --> 00:11:17.919
He was okay, but it calmed him down too.
00:11:18.080 --> 00:11:20.960
Like it, yes, it they those things.
00:11:21.200 --> 00:11:30.960
And we, I mean, as long as we've done it, but even if you haven't done it and been in this industry long, you can identify quickly the moments of stress, the moments of things that can happen.
00:11:31.120 --> 00:11:39.759
Inspections can go bad, appraisal can come in low, like all of those things and really talk through and have more of a game plan on this is how we handle it.
00:11:39.919 --> 00:11:41.759
This is how we calm people down.
00:11:42.080 --> 00:11:46.720
I love certain referral partners, and I am not so in love with other referral partners.
00:11:47.279 --> 00:11:47.519
Yeah.
00:11:47.759 --> 00:11:51.840
And this is on how they respond in time of panic.
00:11:52.000 --> 00:11:52.240
Yeah.
00:11:52.399 --> 00:11:56.080
And do they heighten the panic or do they calm the panic?
00:11:56.320 --> 00:11:56.559
Right.
00:11:56.799 --> 00:11:58.240
And we need to be the calm.
00:11:58.559 --> 00:11:58.960
Calm.
00:11:59.120 --> 00:12:01.759
And and and doing this so long, man, it's so hard.
00:12:01.919 --> 00:12:03.120
I don't, I hate to say this.
00:12:03.200 --> 00:12:05.759
I don't want to work with people that high that fuel that.
00:12:05.919 --> 00:12:08.879
Like it makes it worse for everybody.
00:12:09.120 --> 00:12:09.759
Everybody.
00:12:10.159 --> 00:12:13.519
So, yeah, how do we, what would be your takeaway on that?
00:12:13.679 --> 00:12:24.879
Like, how would somebody in our industry or a small business, solo entrepreneur, like, how do you take that Disney philosophy of like getting out in front of where will anxiety peak?
00:12:24.960 --> 00:12:26.559
Will it, where will excitement fade?
00:12:26.639 --> 00:12:32.559
Like, think about people's key emotional states through their journey, through their experience, and you can get out in front of that.
00:12:32.639 --> 00:12:33.840
Like, any suggestions?
00:12:34.080 --> 00:12:39.759
Well, let me um, and I know our viewers can't see this, but I'm actually gonna just I'm gonna talk about what you have just done right here.
00:12:39.840 --> 00:12:50.559
So I know you guys can't see this, but Chad has a big, beautiful whiteboard, and his whole team has mapped out the entire process from even before anybody would even think the process starts and but way after it even ends.
00:12:50.720 --> 00:12:58.720
And there's all these sticky notes, and they have literally gone through and talked about the process and where things can go great, and those are good moments.
00:12:58.799 --> 00:13:06.159
And and Disney, Disney does things on the good moments too, but where it can go wrong, and here's and it's it's all in.
00:13:06.320 --> 00:13:10.879
So one of the things you said about Disney is uh every everyone's a cast member.
00:13:11.039 --> 00:13:11.840
Everyone's a cast member.
00:13:12.000 --> 00:13:14.639
It's another key piece of of their lore.
00:13:15.039 --> 00:13:17.039
Every person there is part of this story.