I learned about the “Monkey’s Paw” concept through the Sandler system sales training that I have been taking. I thought I would share what I have learned with you because many of you have shared the same frustrations with me about being “shopped around.”
The Monkeys paw concept alludes to a structure that you can set up with prospects that enables you to get paid for all proposal development and consulting that you do beyond your initial phone call or meeting with a prospect.
Typically, business owners, when working with prospects, provide detailed proposals for free just because clients or prospects ask for them. Oftentimes, prospects then take your detailed proposals, many of which take several hours or more to complete, and shop those around to other vendors. Or worse, they invite you back in for another round of questions, and gather more information that they can use to shop around. This leaves many business owners with many hours of unpaid, free consulting, and no income to show for it.
Needless to say, the small business owner, cannot survive in business by giving away all this free time. By creating and using the monkey’s paw approach, you offer your work as a credit back to the prospect against any proposal that is presented if they engage you in the full service, regardless of what options they pick. If they choose to not work with you, at least you get paid for the work that you did. This approach should be used with both existing and new clients and will, if used consistently, prohibit you from giving favors to existing clients.
We all want to be helpful to our clients, but at the same time- we have to make our clients realize that detailed time spent on their proposals (and meetings) is time taken away from our other reimbursable work and has value.
For more ideas on how to stop doing free consulting using the Sandler sales system see Wayne’s companion article titled “Stop Doing Free Consulting.”









