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June 2005

Selling Lesson from Bob Woodward;          "Five Foot Rule" Brought Down Nixon.

Bob Woodward’s story of how he developed the relationship with “Deep Throat” is a wonderful case study in how to develop valuable relationships.

Would-be business developers should note Bob Woodward’s deft application of the “five foot rule,” to begin his famous relationship with the background source that helped break Watergate.

The “five foot rule” is the business development maxim that says “Introduce yourself to anyone within five feet of you.”  Some of the biggest pieces of business come simply by being an outgoing networker. And you never know who you could be sitting next to at an airport, at a charity dinner, or when waiting for a tennis court.  If you can find ways to stay in touch with the people you connect with, you’ll develop a relationship that could pay off in a big way.

That’s certainly what happened with Woodward and Mark Felt, who was revealed recently as “Deep Throat,” the source that confirmed some of the most damaging newspaper stories in the Watergate scandal.

As Woodward tells the story, before becoming a reporter, he was dispatched as a Navy Lieutenant to deliver some documents to the West Wing of the White House. He was in a waiting room when a distinguished looking man sat down beside him.

Woodward didn’t wait long before doing a little networking.

After several minutes, I introduced myself. "Lieutenant Bob Woodward," I said, carefully appending a deferential "sir."

"Mark Felt," he said.

And so began a relationship that Woodward nurtured for years and that played a significant role in one of the most important events of American history, the breaking of the Watergate scandal and the resignation of President Nixon.

And it all started with the application of the “five foot rule”.   The point is that you never know who you’re sitting next to on the airplane.  It might be the beginning of a relationship that could change your life with a huge new piece of business.   It might be the beginning of a relationship that could change the world.

At Speechworks we help our clients learn how to communicate in a way that connects and persuades.  If you’re interested in becoming a great communicator give us a call at 404-266-0888 or check out our website at www.speechworks.net