How to Break Even on the Front End How Much Should You Negotiate as a Commission from a Joint Venture?
Oct 28

A client of mine who owned a chain of restaurants radically improved his business when we tested his employees for the personality styles and re-organized the business. We all have characteristics of all the four major personality styles, however one is normally dominant. In business, it’s important to acknowledge our strengths and leverage them, and to find others to supplement our weaknesses. There’s no right or wrong character type. Here’s a quick overview.

The High D - Dominant style

Dominant style (minority of people, hardest to find) is bottom-line andresults oriented, impatient, sometimes tactless, driven and extroverted, with weaknesses in details. Major fear: being taken advantage of / ripped off. Good closers, great pioneers. Need the numbers and systems guys.

The High I - Influencing style

Influencing style is an extrovert, “party animal”, great at meeting people and starting relationships, popular, good opener, weakness is details and time management. Major fear: being embarrassed in public. Needs closers and numbers guys.

The High C - Cautious style

Cautious style is introverted, loves details, numbers and systems more than people, excellent numbers guys and accountants, computer experts, analyzers. Weakness is over analysis; fear is criticism of their work. Needs the extravert’s and the drivers.

The High S - Steady style

Steady style (majority of people) is an introvert, loyal, team player, family type, great systems and support person, needs security and long term relationships, fears risk, conflict and change. Needs others to make things happen and to create change and to take unpopular action when necessary.

Optimizing the Strengths of the Styles

This is a simplistic approach, but understanding our strengths and weaknesses and allowing people to do what they’re good at, while avoiding tasks that they’re weak at, is simply smart business sense. For technical sales we use High C’s and S’s. Ideal salespeople are normally High D’s with secondary I’s. One wouldn’t an accountant who is a High D, or a High S to launch a new business. You don’t want a High C to be the host at a cocktail party and we don’t want two High I’s behind a reception desk because they’ll talk all day!

Using personality style analysis has helped many of my clients to be better entrepreneurs and hire the appropriate people. Self knowledge is essential to success. I use the DISC style analysis – there are many others available, including the excellent Myers-Briggs Type Indicator.

Sales Tip

When selling to:

  • High D’s - Talk results and ROI and close early and hard.
  • High I’s - Build relationship, have fun and close early.
  • High C’s - Provide copious details and proof and take time to close.
  • High S’s - Prove that the support and relationships will be in place long after the sale is made and close slowly.

Management Tip

When Managing:

  • High D’s - Give them lots of control and clear objectives and do what you say you will do.
    High I’s - Reward them publicly, make them look good and watch their time allocation.
  • High C’s - Be specific, don’t rush them, and compliment their work (catch them doing something right), set time goals.
  • High S’s - Make changes slowly, provide lots of security, share long-term plans.
If you're new here, you may want to subscribe to my RSS feed or sign up for Email Updates below.



Related posts

2 Responses to “Utilizing Personality Styles for Effective Joint Ventures”

  1. Jessi Says:

    I am interested in the DISC style analysis. How do I learn more or where can I “use” this tool.

  2. Shawn Christenson Says:

    Hi Jessi,

    Well I found this site that appears to have a lot of info on the subject, and ways to learn more about it also.
    http://www.discprofile.com/

    As far as using this tool - I know that when I can understand those I am working with, I can effectively work to their strengths and not to their weaknesses.

Leave a Reply

Clicky Web Analytics