Asking for questions from the audience can be a risky business...
On stage at a conference I was speaking at, before I started, I asked what questions people had, and what content would give them value from the next two hours...
"Can you take us through the basic steps of building a business, without any of the fluff and bullshit that most Speakers waffle on about...?"
I looked around the room and found that everyone was nodding and agreeing with the sentiment - this had to be down to earth, practical and straight forwards...
So we had a discussion about my T.R.A.C.K model of building any business, they loved it and I didn't get lynched - so I thought I'd share the principles with you...
T - Target
What is your target market...?
Be absolutely clear what customers you want to attract to your business, find out who they are, what they do, where they live, what car they drive; then you can send messages to them through your Marketing that will make sense to them and encourage them to work with you or buy from you. Find out how they communicate, and what needs they have that they will actually pay for - then build your products and services accordingly.
R - Relationship
Build a Relationship before they buy from you...
People buy emotionally, they buy from people the Know, Like and Trust. We are not in the business of building a Brand, we are in the business of building a reputation, and through our Above the Line Marketing we can build this reputation so that when people contact your business the relationship is already in place and they are ready to buy.
A - Attract
You are in the Marketing Business too...
Marketing is a process not an event. The only purpose of Marketing whether it be Above or Below the Line, is that it gets the 'phone to ring or generates the email or click through on the website. Attracting people to buy what may be an invisible intangible service means making it appear more tangible and visible, the quality of your attraction strategy will not only define your conversion rates, but the rate of growth of your business.
C - Close
And you are in the Selling Business too...
When you get the first three right, selling is easy because you will only be speaking with people who actually want to buy. But you have to have a process of selling from the way the initial contact is handled through to collecting the cheque. Remember, marketing is really expensive if you don't close the prospects and enable them to become customers; be unique, be the most expensive, but Always Be Closing...
K - Keep
Long term customers are profitable customers...
When you have a great customer, make sure you keep them. Have customer service that is amazing, continually offer great value that exceeds their expectations, encourage referrals and most of all keep the relationship strong. Your customers came to you because they felt the Knew, Liked and Trusted you - prove them right every time and they will keep coming back and bring like minded people with them.
So, there you have it - "the basic steps of building a business, without any of the fluff and bullshit that most Speakers waffle on about..."
Have a great week - look forward to your comments...
Check out our website at www.resultsrulesok.com
Thursday, 30 May 2013
Friday, 17 May 2013
The Eaten Trifles...
Is your
business fit enough to take on the competition…?
When the Jam
released the single The Eton Rifles in 1979, they were singing about the Right to
Work Protesters who in 1978 while in marching through Slough, thought it would
be a good idea to attack the students of Eton College – as they represented the
social elite against which the protest was aimed…
Thinking
that a large group of protesters would easily beat up a smaller group of “posh”
students seemed to make sense, however, the fitter, stronger and better
disciplined group of Eton College Officer Training Corps won the fight and sent
the marchers “beaten and bloody and sick down their shirts…” on their way…
How was this
possible…?
How did a
small group of “posh” students beat a mob of angry protesters, who on paper at
least, were more suited to street fighting and brawling…?
What can we
learn from them so that in business we win against the odds and effectively fight
above our weight…
Fitness – “sup up your beer and collect your
fags…” Beer and Fags are never a good idea. Getting your business into peak
condition will mean that you will be able to consistently outperform your
competitors.
In business as in life, fitness means training; it is not
good enough anymore to simply be good technicians in the business. We are in the
Customer Service business, and our activities should reflect this; Profitable Sales,
Service, Relationships and Added Value must be the focus of everyone in your
company.
Don’t let your company develop a Beer and Fags mentality; you
simply won’t keep up…
Differentiation – “you didn’t take a peep at their
artillery room…” Make sure you are better equipped than your competitors. What
is your USP; how good are you at what you do, what is the experience of working
with you like…?
If I was to line you and 6 of your competitors up against a wall,
how would I choose between you all…? If prospects can’t sense a difference that
is valuable to them then they will simply differentiate on price, and go for the
cheapest.
Your Unique Sales Proposition is the most powerful weapon you
have in your “artillery room” and one that will enable you to blow the
competition away…
Belief – “what chance have you got against a
tie and a crest…?” Rallying around the flag will do wonders for morale, spirits
and performance. Does your team believe in what you stand for; are they proud
to be associated with you..?
Your team will be either your greatest liability or greatest asset;
it really depends on you and your levels of leadership. Is your Vision and
Purpose clear to everyone…?
Does everyone actually believe in the Mission and Values of
your company..? If they have as much passion for the business as you do, having
the camaraderie and team spirit that shines through – they will be unbeatable –
and make your life easier too…
Team – “all that rugby puts hairs on your
chest…" As times get hard, you need the best people to jump into the fray with
you. Playing as a team is the best way to build spirit, resilience and
results that will keep your clients coming back again and again.
Business can be tough, you have to have a team that will
fight with you and support each other regardless of the challenges you face. Encourage
your people to play at a higher level, allow them to make mistakes and develop their
levels of experience. Battle proven troops are the hardest to manage, but they
are also the most effective.
If you train them well at some point they may leave you – but
imagine if you don’t train them and they stay…
So keep your business fit, lay off the Trifles and forget the
Beer and Fags – it’s time to get your business in shape and make a new START!
Take a look at the Jam HERE
And you can check our website out at www.resultsrulesok.com
Take a look at the Jam HERE
And you can check our website out at www.resultsrulesok.com
Monday, 13 May 2013
Shelley’s Heroes…
When…
…choirs
of crimson angels shatter your sleep felt dreams and draw down darkness that
obscures your solitary guiding light…
…Machiavellian
blades cut your silken threads of hope that once pulled you towards a future of
promise, prosperity and purpose …
…the pain
of giving up seems less than carrying on, when sirens of the bottle the powder
the bridge or the rope are calling with false promise of passionate release…
Then…
…this is
where the heroes of Shelley are made; rise like lions after slumber and shake your
chains to earth like dew which in sleep had fallen upon you…
…you
are many and they are few – for you are the Entrepreneurs; the future and the rewards already belong to you…
…know it is darkest just before the dawn; a bitter finale from the demons we create in
our image attempting to break us before vanishing in the glow of the new
day…
For…
…we
are the Entrepreneurs, the special the tough, the damaged and proud. Not for us
the quiet path of stability and pay checks, of holidays and sick days...
…we
choose another way, knowing our salvation lies within the fear that enslaves
us; we never give in, we never give up and in the end we know that we will win…
…we
are the Entrepreneurs – we are many and they are few...
With Inspiration from Shelley - The Masque of Anarchy 1819
Email - davidholland@resultsrulesok.com
Check out our next event - LINK
Monday, 6 May 2013
Cults - business lessons from the Dark Side...
The concept of a “Cult” was introduced by Howard P. Becker
in 1932 when he attempted to distinguish between different types of religious
behaviours; Churchly, Sectarian and Mystical.
A Cult is described as; “A system of religious veneration
and devotion directed toward a particular figure or object...” Source
Dictionary.com
In 2006 while walking through the centre of Birmingham in the
UK, I was asked by a young woman if I had a few minutes to spare to take part
in some “research”. Intrigued, I agreed and was escorted to an office building
with a room containing several cubicles, each containing a desk, two chairs and
a piece of electrical equipment.
I chose one of the desks – they were all empty – and the “research”
began…
Holding a cylindrical metal electrode in each hand, the woman
proceeded to ask me a series of questions about my life; professional and
personal. After a few minutes she explained that I had completed the “research”
and she was pleased to tell me that I had no issues to be concerned about.
She then asked me if I would like to buy a book for £10.00;
seemed reasonable so I agreed. She handed me a form to complete and then she
went to get the book from the store room…
When she returned she looked at me and said “This is unbelievable,
you will never believe this…”
Apparently, of the dozen or so testing machines in the office,
one had broken and she had contacted one of the founder members of her
organisation to borrow his while the other was being repaired. Turns out that
the guy she borrowed the machine from was called David Holland, and for
identification purposes his name had been written on the base of the machine –
the machine that I chose to use at random as I entered the office…
We shared the “un-believability” of the moment and with my
book in hand I left the building and walked to a near coffee shop to take a
look at the book I had purchased…
The book was Dianetics by L Ron Hubbard and I had just
experienced the first stage of a structured recruitment program into the Church
of Scientology; I didn’t take my application any further…
So what do Cults have that we can learn in business, how can
some people attract large followings of evangelical believers into their
organisation, while others struggle…?
There are thought to be over 1500 organisations classified
as Cults in the world, ranging from the Moonies and The Heavens Gate to Avatar
and The Solar Temple. Some can be extremely dangerous and manipulative to all
that engage with them; but they remain an attractive proposition to many
people, indeed enough people to make the founders wealthy and powerful.
Cults have a number of traits that make them attractive, and
the same traits can be used in business; ethically of course…
1. Dictatorial Leadership – an individual that sets the scene and defines the rules, vision and purpose of the organisation. Instructions may include clothing that should be worn and how people are to behave with each other, and only speak in positive terms about the organisation.
2. Rituals – every Cult has its rituals, sayings, slogans and mantra. These are the binding forces that give people common ground and a sense of inclusivity. If anyone does not comply with the accepted norms of the group they are disciplined or excluded.
3. Artefacts – the best Cults have books and icons at their centre. These artefacts make a seemingly intangible ideology come to life and become somehow real and visible. I recall attending an “Avatar” weekend, and being subjected to extensive readings of “the book of Harry...” by Harry Palmer who was too extreme for Scientology so started Avatar instead…
4. Growth
– the group is pre occupied with growth and the attracting of new members.
Growth is seen as being the only way to spread the word and ensure
sustainability.
If we simply change the headings
of the above to;
1. Strong Leadership – set the Vision. Mission and Purpose of the organisation…
2. Rules of the Game – define how people should behave and treat each other…
3. Marketing and Sales – have tangible products & services that stand out…
4. Business Development – Client growth is the focus for everyone…
5. Excellence and Uniqueness – define your niche and dominate it…
Then we have the makings of a very successful business with
loyalty from the team and customers alike – the same principles that make Cults
a success can be applied to make your business a success too…
Thanks for reading – your feedback is welcome…
Check out our website www.resultsrulesok.com
Next Events;
UK – 12th July 2013, Birmingham – no electrodes
this time - click HERE
for more details…
Luxembourg – 21st June, Luxembourg – click HERE for
details…
Sunday, 28 April 2013
Business Lessons from the Hooker-Booker
After delivering the Workshop, we adjourned to the bar for a
well-earned glass of Champagne. As I
ordered the drinks, I noticed that the girl sat at the bar next to me had two
mobile ‘phones in front of her – so in order to make conversation I said – “those
two make you look like a drug dealer…”
She looked at me, smiled and said – “different commodity,
same process…”
I must have looked confused; “I’m a hooker-booker. This ‘phone
is for inbound requests and this one is outgoing bookings…”
This somewhat bizarre conversation got me thinking – not about that – but about the 1964 book
“The Act of Creation” by Arthur
Koestler, in which the principle of Bisociation which “means to join unrelated,
often conflicting, information in a new way” was first established.
In other words – can we improve a product or process by embellishing
it with the attributes of another seemingly random, unrelated one..?
So what can the Hooker-Booker teach us about Business…?
1. Sell what Clients want – Hooker –Booking records go back to the 18th Century BC. Mesopotamians recognised through the Code of Hammurabi that women, including prostitutes, should have rights of inheritance.
The reason that the industry has been around for so long is simply that clients want what is on offer – there is a demand for the services and therefore regardless of legislation, religion or attitudes, it continues to thrive.
- Are your products and services really in demand...?
- Do clients want what you are offerinh...?
- How good would your product have to be that you didn’t need to sell it, you had to ration it…?
2. Be Attractive – It pays to be attractive. Remember that beauty is in the eye of the beholder, not the mirror; you need to be attractive to your clients. They may see what you don’t, so you need to know what they are looking for and what makes your proposition attractive to them.
Sisters Louise and Martine Fokkens had been working as prostitutes in Amsterdam up until they retired at the age of 70 – with Louise stating that her arthritis meant that certain positions were simply not possible any more.
Someone found these two ladies to be an attractive proposition; between them they had sex with around 350,000 men. It is one thing providing a service that is in demand, but you still have to be able to attract clients to you in order to be in business.
- How attractive is your business…?
- Do you get noticed amongst all the others that are to you…
- Are you good to do business with, what is your vision and passion…?
3. Have a Niche
– in the sex industry there are too many “niches” otherwise known as fetishes to
list here. It is clear that clients have a range of interests, and the successful
Hooker-Bookers are able to satisfy them by being specific about what they offer.
- Dendrophilia - someone having a sexual interest in trees.
- Plushophilia - sexual interest in teddy bears.
- Agalmatophilia - sexual desire for mannequins and statues.
- Mechanophilia – sexual attraction to cars.
- What is your Unique Sales Proposition – what makes you special...?
- Are you catering for a defined niche, or range of niches...?
- Does your marketing promote the niche you excel in...?
4. Positioning – the rules of engagement. Before any services, of the Teddy Bear or otherwise nature are provided, it is really important to establish the boundaries; what is allowed, what is not allowed and how the pricing for services is worked out.
In his 1965 publication “Apprenticeships in Prostitution” James H Bryan describes the experiences of 33 call girls entering the business in Los Angeles. The induction training instructed regarding interpersonal behaviour with customers, pitches and sales techniques and how to obtain the maximum fee; the development of an “adequate clientele”
In business we rarely have such Apprenticeships, we tend to simply copy what others do and hope for the best, whereas in reality a structured and systemised approach to working with clients would be hugely beneficial.
- Do you know exactly what your clients expectations are…?
- Is your business systemised such that you and the client know exactly what service to be delivered, and as important what is not…?
- Do your team know what each client wants, are they trained in customer service as well as the technical work they do on behalf of the client…?
How healthy is your business…?
As the health of people can be checked with a few easy measurements; blood pressure, cholesterol levels, heart rate etc. so can a business. Keeping your business healthy through regular checks on the Key Performance Indicators will ensure that you can keep servicing your clients and not be issued with a white card.
- What are the key numbers in your business…?
- Have you set targets and objectives for each of them with your team…?
- Do you measure and review them, and the causes of them on a regular basis…?
When I look at any business I always look in the stock room – these can be physical materials and products stored work in progress, or sales ledger debts. None of us are in the banking business; we are not in the business of loaning money to our clients, if they want money they should talk to their friendly local bank manager - good luck with that...
- Do your measure your debtor days and keep them under control…?
- Is your collection method systemised and understood by your team…?
- Do your terms and conditions give you the strength to collect your money…?
Avoid this situation with great terms and conditions, be clear about late payments and consequences and most of all – be prepared to enforce them. A client is not a client unless they pay you...
7. The Customer Comes First – no pun intended. In 2009 Sasha Grey starred as a high class call girl in the movie The Girlfriend Experience, set in the days leading up to the 2008 Presidential Election.
So many businesses forget that it is not simply the product or service that is important – it is the context in which it is delivered that makes the difference. We are all in the customer service business, and we need to recognise that relationship and client experience are key factors in building our reputations and client base – being technically competent is not good enough anymore.
- Do you have a customer service charter…?
- How many unsolicited testimonials do you receive...?
- What is the experience of working with you like…?
8. Repeat Business is Good – safety in numbers. In the USA the murder rate for a prostitute is 204 for every 100,000, making it the most dangerous job in the world. In the 1990’s Melissa Farley and Howard Barkan conducted a study of 130 San Francisco based prostitutes.
Safety lies within the predictable, and as much as “regular Johns” are preferred by working girls and guys – so too should we look to keep our regular clients and build long term profitable relationships with them.
- Do you have a customer care program…?
- Do you reward loyalty in your customers and employees…?
- How do you build long term relationships with clients…?
9. Exit Strategy – paid to leave. When Charlie Sheen was interviewed about why a man like him would pay for sex, we replied “I don’t pay them for sex I pay them to leave...”
The walk of shame is almost a rite of passage for college students the world over, a stark reminder of the short attraction spans that lust confuses for us.
In Felix Dennis’s excellent book How to get Rich, he suggests that if it Floats, Flies, Feeds or Fornicates – it should be rented not purchased. In business we should take the same approach; getting into business is easy, but getting out is complex.
As Steven Covey stated in the 7 Habits of Highly Effective People – Start with the End in Mind. Have an Exit Strategy so you can capitalise on your investment and walk away with your dignity intact.
- Do you have a detailed exit strategy…?
- Is your business “sale ready”…?
- Who will take over from you when you decide to live in Monaco…?
For more information on how David
can help you in your business drop him a personal email to davidholland@resultsrulesok.com
or check out our website at
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