Has your business already closed for Christmas?

I was at a networking event last week when one of the people I was chatting with said that they wouldn’t be doing much work the week before Christmas.   I asked why and I have to say that their answer astounded me!

Well, the person explained, I won’t want to be out working, the people I work for will be winding down for Christmas; no one will be interested in doing any business… His reasons seemed endless.

I pointed out that I would be working right up until Christmas Eve, certainly until the lunchtime.  Also, that I wanted new business right up until then and I certainly wanted work early in January.  Not working Christmas week could mean that it would be the second week, maybe even the third week, of January before things really got moving again.  It happens every year.  Think about all of that lost business; the sales momentum lost.

So, my question is a serious one.  Has your mind-set already closed your business for Christmas?  Are you thinking, no point looking for new business? No point contacting existing clients? No one will be interested in doing business?  If you are, you have already closed for Christmas.

Really successful people don’t follow the herd, they do something different.  So, instead of closing early for Christmas, why not make sure your business is well and truly open and ensure that not only do you have a better December than most but also a far better start to 2019?

Will It Make The Boat Go Faster?

I have to say that I love this book and if you haven’t read it I highly recommend that you do.

The book was introduced to me some years ago at an Entrepreneurs Circle event where Ben Hunt-Davis was the main speaker. Ben was part of the GB Men’s Rowing Eight that won gold at the Sydney Olympics in 2000. It is the story of how after years of winning little they changed the way they worked and the result it had; a gold medal.

David and Ben BW
Me with Ben Hunt-Davis

I remember one of my fellow attendees saying that listening to some bloke talking about winning a gold medal in rowing (for an hour) had nothing to do with their business and it was a complete waste of their time. They couldn’t have been further from the true value of his story. But no amount of trying could convince them otherwise.

You need to read the book but this, in a few words, is the basis of the story. After yet another defeat the crew sat down to discuss what they could do about it; how they could change things. And that is where, ‘Will It Make The Boat Go Faster?’ was born.

The premise was that they would measure everything they tried by – Did it make their boat go faster?

Fighting amongst the crew – did it make their boat go faster? Not surprisingly – No.

Lack of sleep – did it make their boat go faster?

A certain training method – did it make their boat go faster?

Everything they did was given the same test. Did it make their boat go faster?

If the answer was ’Yes’, they did it again and if the answer was ‘No’, they didn’t. It was that simple.

So, if you haven’t got it already, what’s that got to do with your business?

Well, you can run exactly the same test on your business; whatever your goals are. More sales, more profit, better training of staff, it really doesn’t matter what it is. Just run the test.

For example: you produce a new sales advert. Did it make the boat go faster? In your case did it generate more sales? If ‘Yes’ you run the advert again, if ‘No’ you change the advert. You run a workshop. Did it make the boat go faster? In your case did it have the result you were hoping for? If ‘Yes’ the workshop was a success, if ‘No’ it needs to be changed or dropped.

Many things in your business will be done the way they are, just because that’s how they are done. Most without any real thought as to if it’s the most effective way of doing whatever it is.

I was at a large office block recently where at the beginning of the day, when most people are arriving for work, the lifts don’t stop at the first two floors. Why? Because it gets people into the building faster.

So, why not try ‘Will It Make The Boat Go Faster?’ on your business and see what results you get? You might even win a ‘Gold medal’!

Networking doesn’t work…

It’s a FACT!

Well, at least that‘s what I was told at a networking event recently.

I had seen the articulator of this statement before, often in fact, and even spoken to him on occasion; not that he remembered me.

He told me that he had been networking for two years and to date had never got a single piece of business from it. And I can tell you exactly why this is the case. I even tried to help the person concerned but they wouldn’t listen and throughout the remainder of the event he carried on in just the same manner. There’s no need to mention here what Albert Einstein had to say about this sort of action.

The problem was that he wasn’t networking. Well, not in an effective way anyway. His idea of networking was to thrust his business card into some poor unsuspecting person’s face and then quickly move on to his next target. Casting his ‘seed’ far and wide and hoping that something would take root. Rarely does this kind of tactic work as the very act of this sort of behaviour damages the personal brand of the person concerned and with it the likelihood of any business.

What should this gentleman do to improve his networking?

Well, to start with he should stop spreading himself so thinly and spend more time focusing on a few well-chosen networking groups.

But, the big thing is to start building relationships. Networking only really works consistently with people that you have a strong relationship with and this will take time to cultivate. The relationship must also be two-way, not just what you can get out of a person. You need to find out how you can help the other person.

So, networking is the start of a journey. You meet someone at a networking event, ask about them (they will ask about you) and then arrange to meet them again and again. And this may lead to a relationship that keeps giving year after year as you become friends.

Trust me, the results will be so much better than sticking your business card into someone’s hand.

Good but not quite Carling!

Do you remember the Carling adverts? I think I like the cricket with the nun’s one the best, but I also like the office escape. If you don’t know the adverts, it’s where a guy does some amazing feat just to fail at the very last moment.

And that is exactly like a great many businesses’ marketing. There is some great marketing about but most fails just when it might have converted into a sale. And that’s just the case with a piece of direct mail (door drop) we received from one of the estate agents in our town. We were just about to put our house on the market when a card dropped through our letterbox.

‘Just SOLD in your area’. The design was good, the photos lovely, each picture had ‘sold’ printed on it – just what we needed. But then I turned over the card and they lost our business.

You see they are looking for ‘…similar cottages to yours…’ because they can sell more. Well we lived in a large three storey semi-detached Victorian house. And to my mind, if they don’t know the difference, that’s going to be a problem for me.

Now you might be thinking that some delivery company did the door drop. Well, even if they had, a good estate agent would know which roads were lined with cottages. As it happens I saw the person doing the door drop; it was a suited young man who looked very much like an estate agent. Now I’ll be fair, in our road there are both cottages and houses, but that’s where the ‘good but not quite Carling’ comes in. This guy (the estate agent) to a point was doing a great job, but he failed just at the last moment, because he wasn’t thinking about exactly where he was posting his marketing cards and it cost his company business.

So, is your marketing Carling or not quite Carling?

Sherlock Holmes gets it!

I watched an episode of Sherlock recently, ‘The Sign of Three’, and I must confess I was beginning to think that maybe I could be doing something better with my time.  But, the last ten minutes, or so, saved the day; because it made me think about business.

So, what’s Sherlock Holmes got to do with any business?  Well, he’s a pretty good detective, and in business we should always be looking for clues, such as to business trends, customer delight and staff morale – to name just three.

And something that caught my attention was when Sherlock was ‘helping’ Mary with the seating plan for her wedding.  She asked Sherlock if this particular person should sit at the top table and Sherlock said no.  When Mary asked why Sherlock replied, ‘Because he hates you and barely thinks about you.’ She replied, “Really?”  Sherlock then explained, “…Second Class post, cheap card, bought at a petrol station…”

The thing is this is also the case with many businesses.  They use 80gsm paper, manila envelopes or cheap off-white, thin card, Second Class stamps, leaflets printed on their inkjet (often crooked), and much, much more; everything for as little money as possible.  Now I’m not saying that you should throw your money away.  But, when talking to clients and prospect customers, what does cheap stuff say about you?  And, more importantly, what does it say you think about them (your client)?

As Sherlock says, do you barely think about them?

Little things can make a bid difference to the success of your business so make sure you get them right.

99 Red Balloons

I’ve just listened to one of my favourite songs from the ‘80s, ’99 Red Balloons’ by Nena and it reminded me of a presentation I attended some years ago by BNI Executive Director Andrew Hall. If you ever get the chance to hear Andrew talk I highly recommend it as he tells the most amazing stories which are all linked to business success. And it is one of those stories that I want to relay to you now. Although Andrew tells it much better than I will, I think it is so powerful but at the same time so easy to implement.

The story is about selling and comes from the time that Andrew used to sell balloons in Battersea Park.

At the time Andrew had a team of fourteen sellers and what made him unusual was that he trained his team in how to sell a balloon. He didn’t just give each member of the team a bunch of balloons and say ‘go sell’. He did a far better job than that, and this is what he did. It really is what makes the difference between doing an okay job and a brilliant one. And it’s so simple.

It goes something like this. When someone approached the seller, Andrew’s seller would say “Would you like one?”, and that’s where most normal sellers would stop. And in most cases this seller would get a ‘No’ or a shake of the head. But Andrew’s sellers were well trained, and before the person approaching them had time to speak, they added the ‘killer’ line, “Which one would you like?”

They had been presented with a simple choice, would they like the red balloon or the blue balloon? The result? Hundreds of balloons sold.

So, how does this story help you?

The answer is simple. Most people when selling ask the prospect if they would like to buy whatever it is that they are selling. Therefore it is easy for the prospect to say ‘No’. But, if instead, you can provide your prospect with a choice then your conversion will increase.

It can be as simple as asking, “Will you be paying cash or would you like me to invoice you?” Either way they are giving you their order.

If you can find your ‘Which one would you like?’ offering your sales will climb.

And, should you need any help then please do contact me.

£100 Bar Tab

Collecting the details of your clients and prospective clients, and keeping in touch with them, is essential to your future success.

And I really like this simple little card that I picked up at my local just last week.

It offers the chance of a £100 Bar Tab. Now that has to be worth my name and address. But there are also another couple of nice things offered.  A small gift when you sign-up and the promise of a little treat on your birthday.  Well at least I know I’ll have one present to look forward to!  But they also have a clever promise, a guarantee, especially useful for those worried about handing over their details to companies.  They will “… NEVER, EVER, EVER rent, sell or share your information”.  That’s a nice reassuring touch.

Their fishbowl was already pretty full with completed cards when I dropped in and there was even a pot of pens conveniently close by.  Not one pen mind you – about thirty.  Another bit of good thinking.

So, what simple mechanism can you put in place in your business to collect data and ensure yourself a brighter future?