Tag: David Lennon business tips

Business Owners Need a Shot of O2!

‘That was like a shot of O2!’

This was a comment from one of my clients last week after our one hour session. He was motivated and pumped about his business again and felt like he’d had a shot of O2.

So often we focus on the financial rewards or reducing long hours and stress…but passion, excitement, motivation, enthusiasm and love for the work is equally important. And something I definitely can bring back to your life and business.

How did this particular client get a shot of O2? He was in a common situation of not knowing how to attract more work.

Finding and winning work is my specialty.

In our one-hour session we did two key things that gave him his O2 shot:

1. Build a quick table of existing customer categories ranked by dollars they spend, ease of dealing with them (A, B, C types, A are awesome, B are bread and butter, C are complainers and challenging), how he won them in the first place, and growth potential.

2. He was then able to look at this table and confirm which type of customer he wants more of. Great – all I need is to know is what type of customer you want and I’ll tell you have to get more of them. And that is what I did. I gave him a clear plan on how to win more of his target customer.

He came into the session starved of oxygen due to confusion about how to get more business. And I totally understand and appreciate this. When we do laps in our heads we burn ‘oxygen’ and it’s draining. We all need external input, help, advice in business, ie oxygen shots. I have my coaches and mentors.

If you are feeling you need a shot of oxygen – I’m here, at your service. Bottles of O2 in abundant supply!

‘About You’ page should be about THEM

Situation: your ‘About You’ page is about you and not about your potential customer.

Solution: write your About You page from the perspective of your customer.

They are tuned into WIIFM and want to know whats in it for them.

Ironically an ‘about you’ page is NOT about YOU, it’s about them.

Word it so that it is clear how your background, your experience, your quals, your awards, your life experiences, your roles, your age, your location, your industry, your personality, your nationality, your hobbies…can benefit the prospect reading it.

Think of a dark cave…we are biologically wired to avoid scary places like a dark cave. We don’t go running in do we? Sharing about you on your website is like turning on a few lights in that ‘dark cave’. It helps your potential customer feel comfortable taking a step inside. They get to see things they can relate to and even like.

YOUR FM STATION COULD BE AFFECTING BUSINESS

We all tune into an FM station…and this station dictates how we feel.

What we choose to ‘FOCUS’ on.
And the ‘MEANING’ we give it.

What station have you tuned into this past week in your business, personal life? How did it make you feel and most importantly, how did you act as a result??

As business owners, the station we pick can make or break us!

For example, how’s your mood when you focus on all the knock backs or sales you haven’t won, or customers that weren’t happy?

vs your mood when you focus on the amazing happy customer(s), how fortunate you are to be able to serve, and how another day is another amazing chance to win.

To get different results we need to think differently. Picking a different FM station is the key.

What FM station will you tune into next week?

QUICKEST AND CHEAPEST SALES BOOST

Just finished a session with a wonderful client who is a high-end car mechanic. He generated two weeks of extra work by a few phone calls to old clients.

Mining your database of past customers (and even their friends, family, clubs, networks) IS THE FIRST MARKETING STRATEGY YOU SHOULD EVER DO!

Your list of past customers is like ‘gold in your hand’. It’s a goldmine!

If you need more sales fast.

I’ve rarely seen it fail. It generates immediate results because the customer has already passed that invisible barrier of trust and uncertainty about whether they will get value.

BTW – I should mention the next most important thing you should do before ramping up your marketing spend is work out what you should be selling. What are the profitable products/services? And which ones will take you to your vision?
No point spending marketing dollars and time in order to sell more stuff that will make you less, or steer you away from your vision.

UNFOCUSED? THIS CAN HELP

 

Core Improve Innovate
Focus on getting core right before improving or innovating.

This might help and maybe something to think about over the weekend.

 

It’s the CORE, IMPROVE, INNOVATE model by Sharon Pearson.

In a nutshell…only focus on core business activities and getting them right before you focus on improving your core. Only spend time and money innovating when core and improvements are done.

Core activities is your day to day stuff that makes money, brings business in, processes orders, keeps customers happy, sends out invoices, keeps staff happy etc.

My tendency, because I love innovation, was to get distracted with improvements and innovation and I dropped the ball on ‘core’.

This is like building a house on wet soggy, soft soil that isn’t compacted or even right for the job!

As a result my innovation might work but would fall over because core business was up to scratch.

So…if you are switching between ‘this and that’ in your business and not sure what you should focus on…perhaps you are doing what I used to do and are distracted by innovation or improvements?

This weekend, have a think about your core activities. What kind of shape are they in?