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How fancy clothes can make you more moneyPeople believe what they see. If people think you look successful, in their eyes you are successful.It sucks because I would have rather spent the $162,301.42 on a charity than clothes, but I know I need to grow my business as it will make me more money in the long run. This will allow me to donate more money to charity.Nonetheless, I have a closet full of nice clothes that I try to wear whenever I leave the house. I receive compliments from random strangers almost every time I walk out of my door. And some of those people ask me what I do for work.Sadly, none of those conversations have turned into business deals because let’s face it… the average person you meet on the street typically can’t write you a six-figure check. Most people don’t own a business, and most people aren’t high power executives in the corporate world.Where having nice clothes really helps is in business meetings. I’ve had so many meetings over the years that I know I can close roughly 1 out of 4. The biggest reason I can’t close at a higher percentage is that most people feel the prices I am quoting are absurd.I have been tracking every meeting I attend for the last four and half years. I have a big Excel sheet with my closing ratios, average pitch price, company name, people within the meetings, their job titles, etc.
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