A survey has shown that there is one thing people fear more than getting a tooth filled at the dentist: public speaking. People in this boat find that their mind races to provide words, but their mouth won’t deliver them. They start to shake. Their glasses fog up.
There’s a phrase to describe it: glossophobia, or speech anxiety. One of the old dictionaries on my bookshelf mentions glossolalia, which stems from Greek “speak in tongues”. People speak, but can’t be understood by others.
It doesn’t have to be that way.
I got an interesting newsletter from Layne Ainsworth at Liquid Capital this week that features an article, with specific tips, about how to handle presentations. For additional ideas, view How To Start A Presentation Tips And Tricks - 22 Powerful Strategies on their website.
Communication skills are critical in business, and overcoming fear of speaking is fundamental. Sooner or later you will be asked to make a presentation. And it can be the difference between getting a sale or missing out. One fellow Rotarian gave me three simple pointers:
Experts offer ideas about how to get the audience on your side; how to relate through stories; how to spice up your approach. Dale Carnegie’s classic “How to Develop Self Confidence and Influence People by Public Speaking” can serve as a practical guide. There are also clubs and community groups that feature opportunities for guest speakers. Rather than avoid them, seize the chance. These are opportunities to overcome your fears.
I have a simple approach – start with a simple topic, something you know a lot about, and develop your presentation from there. Think of a story to tell, then leverage this by relating it to a point you’d like to make.
Richard Greene outlines some key secrets of public speaking in a TEDx Talk on YouTube.
I did speech competitions while in the Brooks Quimby Debate League at Bates College. During these events, you were given a random topic and a few minutes to prepare and deliver a speech – often to a full house of critics. It drove home the need to read widely, to be quick on your feet. I lost competitions; but I won the bigger prize: a willingness to engage in discussions and to make a point.
Do a web search on YouTube and you’ll see some great examples of this kind of competition.
It certainly cured my fears.
BTS News
Manufacturer Sold and New Owner Expands It
BTS served as advisor in the sale of PlasTech Machining Fabrication, Inc. to DelCam Holdings in 2020...the company has grown substantially, doubling employment and adding capacity to boost future prod
How M&A Will Respond to Next Recession
The takeaway for business owners: Get back to basics. Don’t worry about hyper growth. De-risk your company as much as possible.
Perception vs Reality with Small Businesses
Sometimes the economic picture on the news seems inconsistent with what is happening for many business owners. Nearly every owner we speak to is out straight.
NH-Based Techinical Manufacturing Company Sold
Hampshire Controls has a bright future with new ownership. The company was recently sold by Diane Rush, owner and president, to Pillar Imaging and its leader Dr. Michael Pilon.
Be Ready When You Are Ready
When a business owner says it’s time to sell, I ask, “How fast do you want to be out?” The answer I hear most is, “Yesterday.” But sellers underestimate how long the process takes.
Looking at a Sale Through the Right Lens
Sometimes our vision about the future is blurry because we aren’t considering the whole picture but only parts of it.
5 Deal Points from the Trenches
Today I work with clients of Business Transition Strategies who are implementing Growth Through Acquisition strategies. Here are a few observations from working on a wide variety of projects.
Tax Changes Could Hurt Net Proceeds
Changes proposed to the capital gains tax suggest they may need to get 30% more in a transaction in the future just to net the same value they would get today.
Good Ideas From Shark Tank Deal
One of my colleagues in Cornerstone Alliance was front and center in a recent Shark Tank exercise. A business that had been sold was put in front of four potential buyer groups.
Buyer Trends in Lower Mid-Market
Other businesses are a significant market for companies being sold within the lower mid-market.
Case Studies
Precision Machining Company
Initially, liquidation was a serious consideration. It would offer a quick exit but would hurt loyal employees and disrupt the customers who had come to rely on its quality production.
Green Product Company
Our client owners could dig in for the long haul…However, this would take five years or more. Owners simply lacked the horsepower to do it.
Water Purification Company and Young Buyers
Owners decided they wanted to retire. They also wanted to be fair to the staff who had been loyal to them. Could the company be sold, the staff retained and the facility remain in use?
Magnetics Company with High Profile Customers
(T)he manufacturer would need to focus on growing EBITDA to capture interest from major strategic buyers and achieve a higher multiple of earnings.