09 August 2013

The Conversation Every Successful Business Owner has with Their Marketing & Sales Team

As a business owner or professional you’re competent and skilled in effectively and efficiently identifying the challenge and implementing solutions in your area of expertise.  But when it comes to the business-of-business especially around attracting and retaining customers/clients/patients we are often incapable of expressing more than, “We need more sales.”  


Ask your team to complete this matrix and have a discussion about it’s implications.  You're guaranteed to gain insights on faster growth.


Marketing & Sales Topics

Topic is Being Used   Yes/No

Rate Effectiveness on Scale of 1 to 5 high

Topic Should be Applied and is Not  Yes/No

Marketing Strategy







Social Networking / Social Media



Go-to-Market Strategy



Differentiation



In-Person Networking



Marketing Partnerships



Marketing Planning



Pricing






Lead Generation







Seminars & Workshops (Running and Promoting)



Lead Generation Process



Generating Referrals



Direct Mail



Tradeshows



Webinars (Running and Promoting)



Cold Calling



Lead Nurturing






Marketing Tactics







Online PR / Publicity



Email Marketing



Podcasting



Website Technology



Search Engine Marketing



Marketing Automation Technology



Client Relationship Management (i.e., client retention)



Targeting & Segmentation



Email Technology



CRM Technology



Website & Landing Page Development



Traditional PR / Publicity



Content Marketing



Blogging



Mobile Marketing






Brand Development







Brand Research



Advertising



Brand Implementation






Selling & Sales Process topics?







Value Proposition & Messaging



Sales Conversations



Overcoming Objections



Cross-Selling / Up-Selling



Warm Calling



Uncovering Needs



Sales Presentations



Sales Negotiation



Value-Based Selling



Sales Process / Pipeline Management



Proposal Writing






Client Relationship Management (CRM)







Client Retention and Loyalty



Client Satisfaction Measurement



Client Selection



Client Feedback



Referral Generation



Strategic Account Management






Thought Leadership







Creating Videos



Writing Articles



Book Publishing



Creating Newsletters



Writing a Blog



Speaking Engagements



Writing & Promoting White Papers




If after your discussion with your marketing and sales team, you are still seeking answers then let’s have a conversation so you can grow your company as fast and effectively as possible.  That’s what we do at ActionCOACH - Business Coaching...ph:  972 709 6776.  This is a complementary session.

07 August 2013

How Much More Business Would You be Doing with a New Game Book...?

Business owners are like the Rangers playing day-after-day and keeping their fans a.k.a. customers excited and loyal.  The Rangers follow a game book for their offense to score more runs equaling more profits, a pitching and fielding defense shutting down hitting & scoring reducing expenses and effective base running yielding higher on base & advancement percentages improving productivity.  Now they're back into contention.  You can too with a new business game book.  You're invited to the workshop where you'll document your business plays so your team can execute for more customers, revenues and profits.
  
While we'll cover all aspects of your business game book the emphasis this 90 day period are the plays to make the client experience more memorable so they're loyal and profitable longer.

We continue to use the Ranger Ballpark venue because it's a championship environment.  You step outside your day-to-day perspective and to surround yourself with like minded business owners and top business coaches focused on your growth.


Yes!  I’m taking control of my business.  Sign me up for the Massive Action Day - 90 Day Planning Workshop – "The Game Book for My Profits and Productivity."  No more procrastination, no more excuses, I’m ready to take ownership of the company’s performance and have an incredibly successful final quarter in 2013.  After each 90 Day Planning Session, I’ll leave with the right specific actions in each of the following areas:
  1. Mastery - Time, Delivery, Processes, Purpose and Money - Move from Chaos to Control
  2. Niche - Attracting and Keeping Customers, Making it Easy to Buy from you with Iron Clad Guarantee - Not Competing on Price
  3. Leverage - Systematizing the Routine for Effiiciency - Humanizing the Exception. Producting On Time, Spec, Budget and Wow - Every Time
  4. Team - Moving from Employees to Team - Team Makes Decisions in Interest of Owner
  5. Synergy - Well Oiled Machine - Sustainable Growing Cashflows. Owner Works "On" the Business. GM/Pres/COO is doing the Day-to-Day Operations
  6. Results - Business Works "For" the Owner. Gains Freedom, Capability, Opportunity and Growth
The workshop includes a 10 page pre-pack workbook to prepare you to get the most from the day.  At the workshop you'll receive and complete your "Game Book for Your Business."  It's now 76 pages to learn, apply and document your specific goals.  From the best suite in the ballpark overlooking the field, you'll record your vision and describe your team's performance.  And of course we include lunch with the famous Nolan Ryan hot dogs.

There are various ticket options so you can bring your team and get results faster, as well as, invite others.  I know the investment amount is not an issue at $425…And the EARLY Bird Tickets Offered Now are $325, because as usual, I give you my Iron Clad Guarantee that by participating - you'll leave knowledgeable, energetic, passionate, enthusiastic, self-directed, prepared, focused, supported, systematic, timely and proactive.  If you continue to feel drained, directionless, pessimistic, vague, reactive, impulsive, critical, haphazard, scattered and hesitant or just plane dissatisfied you can just stand up and walk out with a refund…

For every other business owner, vendor or client you refer, I'll refund you $100 off your ticket and they'll receive $100 refund off their ticket too.

There's no reason to operate a business in Texas and not have plans to achieve your goals.  Sign me up...
Do you know of a single successful business owner who isn’t GOAL directed, persistently measuring, perfecting and re-directing their efforts? When your GOALs remain in your heart and head, how much chance is there of achieving them in the shortest amount of time and energy? And if you are one of the select few with written goals, are you holding yourself accountable to doing the small things today that get you to your BIG dreams of tomorrow?

Once registered you'll receive a Prep Pack immediately via email and a call to ensure you're prepared to the most from this Massive Action Day. 

Here's what other business owners have stated about their experience from Massive Action Days...Click Here

Yes, taking massive action is optional but getting more productive and control of your business is not.  Investing in yourself and your team is a surefire way to get your business on the track to more productive time and personal gratification.

06 August 2013

What Clients Want to Feel...Before They Retain or Rehire You!

If you’re like most professional service advisors from accountants, architects, doctors, brokers, engineers, contractors, attorneys, coaches and consultants - you thrive when there’s sufficient client communication to ensure the work is done on time, spec and budget.  That gets you through the job.  What keeps your retained and rehired?.  


That answer depends on how the communication is conducted.  Statistics show that when the firm was not rehired and technical performance was not the issue it was because of the intangible things communicated.  How did the firm demonstrate they heard the client?  How did the firm sought to understand the client’s purpose?  And finally how did they appreciate the motives of the client?  


To place you in the best position to be retained and rehired, here’s an outline of a firm and client conversation that’s held periodically throughout the project.


What’s the client’s objective...?


  • “When we initially choose to selected this ____________program, it was for _____________reason(s).   Is that still your primary reason?  Any changes?  What caused the change?”
  • “How do you rate our progress on a scale of 1 to 10 high achieving your goals?  How so?  Tell me more?”
  • “What outcome would make our discussion about our work together a great success today?”
  • “What specifically do you want to accomplish near term, long term?”
  • “What will be different as a result of working on this area?”
  • “How can we make that goal measurable – so we know when we’ve achieved it?  What would success look like?”
  • “By when do you want to have this done?”  “Are the resources available?”
Current Situation - Where does the client see where we are we starting from - real and perceived?
  • “What is their confidence level are they at right now?”
  • “How do they perceive progress?”
  • “Are there others involved impacting the situation, and how?”
  • “What’s been tried already? What difference did those actions make?”
  • “Are there other factors important in this matter?”
What are our Options?
  • “What other potential courses of action are there?”
  • “Let’s shoot for a least five potential solution. What else could be done?”
  • “If we had unlimited resources and knew we couldn’t fail, what would you do?”
  • “What if this obstacle was removed? What would be done then?”
  • “What could you do to overcome this obstacle what are you options?”
  • “Who could help you?”
  • “What other resources could you draw on to tackle this? Who else could ask for creative ideas?”
  • “What have you seen others do that might work for you?”
Decision
  • “Is there anything else that you need to know to make a decision about implementing the ____________________  program?”
  • “How do you want to proceed?”
  • “Are you ready to say, ‘yes!’ to greater vitality, or would you like to explore further?”
  • “What is holding you back from making a decision?”
  • “What step would you like to take out of this conversation to keep moving forward?”
Recommitment
  • “Which option(s) do you want to pursue?”
  • “Turn that into an action step: what will you do by when?”
  • “What step could be taken this week that would move us toward your goal?”
  • “You mentioned that you could do _____________. What will you commit to doing?”
Assuring Action
  • “On a scale of one to ten, how likely is it that this step will get done in the time frame you’ve set?”
  • “How could we alter that step to turn that ‘six’ into an ‘eight’?”
  • “Are there any other obstacles we need to address to make sure this step gets done?”
  • “How does this move you toward you achieving your potential?  Why/ Why not”


Having this conversation demonstrating you hear what’s important to your client, understand them and appreciate them, this gives you the best chances to be retained and rehired.

If you want to have a conversation on how to structure these types of conversations with your client, give ActionCOACH - Business Coaching a call at 972 709 6776 for a complimentary coaching session.  

25 July 2013

The 10 Components of an Internal Succession Plan for Professional Service Firms

We're at the beginning of one of the largest ownership transfers as the baby-boom generation retires.  Here are 10 components of an internal succession for professional service firms such as accounting, consulting, legal, architecture, construction, engineering or coaching.

1.  Assess the Adequacy and Desires of People that will Replace Departing Partner(s)

2.  Determine the Partners Intentions with Respect to Succession

3.  Determine the Value of the Partner’s Equity

4.  Consider how all of the Retiring Partner’s Roles and Responsibilities are delegated 

5.  Factor how the Client and Staff Relationships are protected

6.  Have Succession Plan cover all possibilities of loss of partner

7.  Create a Economic Win/Win Proposition for both Parties - Departing Partners and Remaining Partners

8.  Strengthen the Support and Service Team

9.  Have a Contingency Plan for the Firm if terms for transition are adversely affected

10.  What are Options if Internal Succession Plan is not Viable?

If you find your firm at this pinnacle point i.e. within 4 or 5 years of a partners retirement then let's have a discussion on how to ensure you'll succeed.

eM:  StephenMarino@ActionCOACH.com ph:  972 709 6776

24 July 2013

Your Team Works to Live or Lives to Work? Impact on Productivity & Profitability...?

Team's tend to fall into two contrasting philosophies about work.  Depending on which philosophy you lead your business by you'll attract like minded team members and customers.

And which philosophy will reward you and your business most?  Hint:  Your customers enjoy working with people that are passionate about delighting them.

To have a discussion on which philosophy guides your company and what you can do improve it, give us a call at O:  972 709 6776 or email: StephenMarino@ActionCOACH.com