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While I do agree with some of your points, I think that, in most cases, you're fundamentally wrong. As we all know, women have an even higher sex-drive than most men. The "bitch-shield" they put up, is mostly to protect them from being called a slut, and not something they WANT to do. Now of course, you have bitches. The ones that act all high and mighty and are rejecting guys to improve their self-esteem, but I'm gonna overlook those for now. Usually though, when I open a set, I don't need as much value. All I need is a vague, vague reason to open them! It doesn't even have to be good, they'll accept it, becuase they want me there.
For example. I was out on town, and went over to this table with 5 HB's.
Me: "What are you doing in my spot?"
HB: "Your spot? It was free when we got here."
Me: "You sure? A couple of friends sat here just 5 minutes ago, I was just going for a sigarette." (This is even low value as fuck, as this implies them ditching me. I improvise though, so gotta shoot myself in the foot from time to time)
HB: "Yeah, we haven't seen them. But you're free to sit down with us if you'd like!"
Me: "Hah, now you've done it! Know what? I'm gonna take a quick tour, looking for my friends, if I don't find them I'll come back and claim your offer."
HB: "Great!"
Now, the only value I had at this point was my self-esteem. They didn't know me, I didn't know anyone right then and there, and basically I failed the approach, but it was a success.
Approaching is not about value (unless you go MM and peacock a rockstar, which might work, but I've never tried), it's about portraying self esteem, letting them know that if they let you in, they won't regret it. Once you're in, shock them with your awesomeness and it's a done deal.
Just my thoughts on the matter.
I would disagee because if you are convey charisma and confidence you are also convey value. What I mean is that when you approach confidently and dominantly people make certain assumptions about you. They assume you are tough, strong, accomplished, good in bed...all this may not be true but your charisma gives the impression that its true. None of those things may be true, but its just a part of being human to do that. I use stories more than personality, thats just my style.