Leadership in Troubled Times

July 27, 2008 by  

The first task of a leader is to keep hope alive. - Joe Batten

Leading an organization can be challenging, even when times are good. When times are troubled, it is even more important for leaders to come to the forefront and provide direction and inspiration. We face challenging times today with a weakened economy, layoffs, and intense scrutiny of a mistrustful public sector. As leaders, now is the time to stand up for our beliefs.

I subscribe to a value based leadership theory that has as much if not more relevance in our troubled times today than it has in the past. Leadership is about hope, vision, inspiration, communication, and trust. As a leader, you have the opportunity to provide vision and hope to those around. You have the opportunity to instill belief and restore trust to those who look up to you. And you have the opportunity to build a bond with those around you that is forged under difficult circumstances and tempered with the steel of your own personal values and beliefs. I believe that this is true regardless of what level of leader you are. Whether you are a first line manager, or a CEO your people are looking up to you for direction and inspiration. And they are looking to you to provide them hope.

Is that a tall order for a leader at any level?

Yes. But this is what separates the true leaders from those people who are leaders only by title.

I believe that Joe Batten is right when he states that the first task of the leader is to keep hope alive. I believe that the second task of a leader is to communicate that hope and vision to their employees and their superiors in a way that builds trust and respect. With a strong foundation of values, a leader can inspire their people to achieve great things, produce fantastic results, and succeed while others around them fail. Without a values based foundation a “leader” may produce short term results but will fail the test of time as employees, without any basis for trust and respect will look for any opportunity to better themselves and remove themselves from the realm of a valueless based leader.

You do not lead by hitting people over the head — that’s assault, not leadership. Dwight D. Eisenhower (1890-1969) – Thirty- fourth President of the USA

Why is it that we hear about so many oppressive work environments, where the bosses belittle their employees, use the whip to produce results, and then discard anyone who questions their orders? When I read or hear about “leaders” telling their employees that they “are lucky to have jobs at all”, I cringe. For in reality, those are not leaders. Those are just the caretakers of companies that do not truly value their most precious asset …. the employees. These “leaders” violate the principles of value-based leadership and will soon discover that their lack of true leadership, their lack of vision and hope, will result in their being abandoned when things improve.

He who thinks he is leading, but has no one following is only taking a walk. - John Maxwell ” 21 Irrefutable Laws of Leadership”

Employees are the backbone of any organization. They, not you, make things work. They, not you, find creative solutions to complex problems. And they, not you, ultimately hold the key to your own personal success. For ultimately you are judged by your ability to develop, lead, and maintain strong teams that put the goals of the company ahead of their personal goals. And that only happens to employees who are inspired by, and trust in their leader.

If you want to know if you are truly a leader or not, look around at your team. Do they follow you because they want to? Because they are inspired by you? Because they believe in you? Or do they follow you because they have to.

It is time to take a long, hard look in the mirror. Are you providing hope and inspiration to those around you? If not, when will you start.

David Meyer, owner of Coaching for Tomorrow, has more than 25 years of management and leadership experience, having worked for companies such as Nobil Shoes, McDonough, Allied Stores, MCI and Nextel Communications.  His mantra, “You Win With People” is based on the deep-seated belief that hiring, developing, and promoting the right people can lead to organizational and financial success.  As a management and leadership coach, David works to instill that same passion in his clients by helping them understand the importance of strong leadership, strong teamwork, and strong players.

David has a Bachelor’s in Business Administration from Elmhurst College and has been certified by both ACTION International as a Business Coach and the Coach Training Alliance.  He also has received his CTM from Toastmasters.  He is an Officer in the Denver Coach Federation and a facilitator/trainer for the Coach Training Alliance and ACTION International of Colorado.

Married with two adult daughters, David is active in his local Kiwanis club and Crossroads Community Church.  He enjoys reading, golf, scuba diving, and Civil War reenacting.

http://www.coachingfortomorrow.com

Managing Conflict, in Life & Work: Using Ancient and Modern Approaches

July 20, 2008 by  

“Conflict” is a word that can have varying degrees of severity, meaning, and implication for each individual or circumstance. For example, the conflict that is experienced in our current, daily lives seems insignificant in comparison to the Samurai, or those in war, who faced death on a regular basis. However, it is still important to extrapolate the significant lessons that have been derived from such severe scenarios, as these notions are still applicable in the conflict that we experience
in the workplace and life today.

Conflict is unavoidable, as each individual has unique and differing thoughts, ideas,
and opinions. Therefore, it is important to learn ways to minimize and manage this
difficulty, in order to ensure efficient and harmonious interactions. This article
provides the genesis of a personal path, introducing tools and ways to minimize and
manage conflict, while pointing to the origin of these concepts. After an overview of
these modern and ancient approaches, a discussion will follow on applying successful
tools and techniques for managing conflict. These ideas can be used to help clear the
mind for better decision-making, and consequently, ensure a personal pathway to
success.

New approaches to ancient concepts

Profound strategies and lessons to minimize and manage conflict have been around
for thousands of years in forms such as the classic Chinese texts the “Book of Change
– Tao de Ching” and the “Art of War”. Today, modern legends including Stephen
Covey (“7 Habits for Highly Effective People”) and Dale Carnegie present similar
corporate and personal tools. As many know the “7 Habits” is not a group of new
concepts, but age-old approaches to success and conflict management, represented in
a way that can be clearly applied to modern day personal and corporate development.

Discovering the origin & foundation of concepts

Although many of the true ancient concepts have been exaggerated or misused
through incorrect interpretations, they can be applied in non-extreme forms relevant to
the modern day from such arts as: Zen (which is not a religion, but a path for self
discovery and growth), the “Art of War” by Sun Tzu (the classic text on strategy
which is often regarded as the most definitive text on the topic), and the Tao de Ching
(the “book of change”). These all provide profound lessons for leadership, change,
success, peace of mind and conflict management.

A workplace example – an tense group meeting debating a topic

If one has to enter a meeting with a number of staff peers on a topic that is likely to
require an intense debate, a strategy can be put into place to help provide a successful
outcome (this should be combined with the other approaches outlined below). For
example, one can approach the members of the meeting individually prior to the
meeting to convey your preferred position. Once the meeting has started you will
hopefully already have likely confrontational people already “on-side” to achieve
your desired outcome in a non-confrontational way.

The Key to Managing Conflict: bringing it all together, and applying it today

All the above methods (old and new) are about changing core behavior and
approaches, in order to avoid conflict and simultaneously achieve personal success.

As Sun Tzu states:

“If you know yourself and know others – you will be successful.

If you know others and not yourself, you will win one and lose one.

If you do not know others and do not know yourself, you are destined for failure in
every battle.”

These are core values, and far more important than putting band-aids on problems, or
approaching things with simply a short-term change. In regard to the ancient
philosophies, they of course must be interpreted, and applied, using case studies and
real world examples in a context that matches the modern corporate world. Applied
Zen (www.AppliedZen.com) is a company that provides workshops, and
downloadable videos online, regarding these exact topics with a unique approach.
This is achieved through implementation of physical interaction drills to reinforce the
concepts covered in workshop presentations. Studies have shown that learning
conflict management based on physical as well as mental practice greatly increases
the participants’ retention, and consequently, aids in implementation (more than 2 to 3
fold improvement).

Aggressive escalation of conflict

Conflict is derived from many circumstances, but quite regularly it can be escalated
because of a person’s approach to the situation. In the Japanese language, there are
two words that help to describe this: aiki and kiai. These words are derived from the
same two characters, and are simply reversed to convey an opposite meaning. Kiai is
a form of showing intensity and channelling it towards an individual, and in the
martial arts ‘kiai’ is a very loud, expulsion of air and voice to intimidate or scare an
opponent. Aiki is the opposite of head-to-head approaches and allows one to avoid
escalating conflict (hence the martial art “Aiki-do”). Yet the approach still
incorporates assertiveness a key attribute in any successful negotiation. Consider for
a moment which concept would be most beneficial in dealing with conflict in a
meeting at work or your personal life: kiai, or aiki?

“Show softness yet engage the opponent with hardness. Show weakness yet
engage with fluid strength”

Obviously aiki is more practical, and will produce a more desired outcome. If we
listen with the intent to understand – not to respond, if we get all our thoughts together
before we confront another person, we can strategically work with someone to
maintain our own balance and not produce antagonism in the person with whom we
are dealing.

“Reaching a centered state, so I can perform at my best”

Having an open mind, and a relaxed physical and mental state will ensure I have an
approach which is non-confrontational and provide a first step to maganging or
avoiding conflict. An approach of aligning your thoughts and actions, and taking a
moment to breathe and release tension, will create a more relaxed state within
yourself as well as the person you are dealing with. This approach will enable you to
convey your points in a way that your opponent will be unable to avoid or refuse.
Settling oneself creates a calm and open mind: you are able to listen, think, and
respond (in this order), and this is positively received by others. If you are able to
settle yourself at any point (i.e. before, during, or after you feel aggression arising),
others will respond to your calm, open mind, and it will put them into the same
relaxed state. In various physical arts the importance of relaxed upper body, a low
center of gravity and appropriate breathing creates this state. Zen and other conflict
relevant arts have such Japanese terms such as “mushin”, “mizu no kokoro” and using
the “hara” (stomach area) for creating and optimal physical state for mental
performance.

Conflict within oneself – perhaps the most important conflict to understand
Lessons such as “trying to defend/attack too many areas at once leaves the troops
divided and weak” from Sun Tzu can be translated to an individual. Just as Stephen
Covey asks, “How thin can you spread yourself before you are no longer there?”.
Applying such lessons to your life today can have a profound impact on personal
conflict – don’t take on more than you can handle, or you will begin to sacrifice the
very essence of who you are. Although it is not direct conflict between two people, it
is still relevant. If you have conflict within yourself, you are destined to have conflict
with others. You will understand that conflict is not merely the apparent external
problems – it also involves each individual and his/her conflicts within.

Sharpen the sword…
This article provides and introduction to some of the methods and principles used in
Applied Zen corporate training (www.AppliedZen.com). Businesses and individuals
everywhere are using these philosophies to manage conflict more effectively and to
achieve success. Therefore, it is essential to train one’s skills & endure ongoing
development. As the ancient Samurai saying states, “Continuously sharpen the sword,
or it will go blunt!”

Definition of Conflict, Merriam/Webster Dictionary: 1: FIGHT, BATTLE, WAR, 2 a: competitive or opposing action of incompatibles: antagonistic state or action (as
of divergent ideas, interests, or persons) b: mental struggle resulting from
incompatible or opposing needs, drives, wishes, or external or internal demands
3: the opposition of persons or forces that gives rise to the dramatic action in a drama
or fiction

Copyright 2005 – Dr. Jason Armstrong and Dana Buchman

Jason Armstrong, Ph.D., has worked at CEO levels in Japan, the USA, & Australia. He has also consulted for large multi-national companies in Japan and has specialized in the “Art of War” for more than 20 years. His merging of Asian strategy and the business world was further developed by living with a Japanese budo master. In the last 6 years he has consulted with Japanese companies such as Mitsubishi Pharmaceutical and been General Manager of a US company in Tokyo. He has worked in both Biotech and Venture Capital Industries. Today he runs http://www.AppliedZen.com.au, which provides online leadership training courses and conducts workshops in the USA Australia and Japan

Four Ways To Work Out Business Disputes

July 13, 2008 by  

Business owners have four options to resolve disputes with partners, vendors or customers. Each option is based on different assumptions, and entails a different cost. Therefore, it pays to understand them better.

Option #1 – Direct negotiation

Direct negotiation is certainly the cheapest – but not necessarily the easiest – way to resolve a conflict. A good place to start, is to get clear about what one wants, why, and how much one cares for the future relationship with the other person. The next step, is finding out how the situation looks from the other person’s perspective. This task requires effective questioning, listening, and observing. The final negotiation step, is crafting an agreement that both parties believe to be better than all other alternatives.

To negotiate successfully one needs some planning, communication and negotiation skills. Without them, it is easy to end up with no deal, or a bad deal, or even a personal war.

Option #2 – Mediation

The goal of mediation is not to find who is right or wrong, but how the problem at hand can best be resolved. Mediation is a process in which parties who disagree meet with a neutral third-party, who facilitates their negotiations. The mediator doesn’t have any decision-making authority. The parties decide how to resolve their problem, in a way that is mutually acceptable.

Since mediation is confidential, mediation discussions and materials are not admissible in court. In a sense, when people mediate they have everything to gain and nothing to lose. If they are able to reach a mutually acceptable agreement with the mediator’s assistance, that’s great. Otherwise, they can still use the remaining two options. And in that case, whatever they have said or heard, offered or counter-offered during mediation, doesn’t matter.

Option #3 – Arbitration

The business dispute is submitted to a neutral arbitrator, who examines the evidence, listens to the parties and renders a binding decision. The conflicting parties must accept the arbitrator’s decision, no matter whether they like it or not. Arbitration is past-oriented, and requires a certain amount of fact-finding. Therefore, generally it takes more time (and money) than mediation, but less than litigation.

Option #4 – Litigation

The fourth option is to let the judge decide which party is right or wrong, based on the facts and the law. In actuality, though, the vast majority of civil cases never get that far (some statistics say up to 90%). They settle out of court. A few days – or even hours – before the trial, the two conflicting parties, assisted by their respective attorneys, prefer to negotiate their own agreement, rather than running the risk of losing in court.

For business owners – as well as for anyone else – litigation has two major drawbacks. First, it inevitably has a detrimental effect on the future relationship between the parties. Second, it can be quite expensive in terms of time, money and stress. Nonetheless, when a business dispute cannot be resolved any other way, litigation is a valid option.

About The Author

Giuseppe Leone is a Business and Workplace Mediator. Past President of SPIDR (Society of Professionals in Dispute Resolution) Hawaii Chapter. Mediator for Hawaii District Courts. Email: mediationplus@yahoo.com

19 Questions to Supercharge Your Business Plan

July 6, 2008 by  

Whether you are seeking capital for your company or are optimizing your business strategy, the most important element – particularly for outside investors -may be your written business plan. You can tune-up and supercharge your plan using this 19-step checklist. When your written plan firmly answers yes to each of these 19 questions, your market/product strategy is in terrific shape plus you increase the odds of attracting investment capital.

If you don’t already have a written business plan – write one! Your business plan is a blueprint for your whole company. It describes in detail your goals, the financial and technical viability of your goals, and the strategy you will use (or are using) to reach those goals. And your business plan is a working tool – it is a yardstick to measure your progress and a compass to keep you on course.

Must a business plan be written?

Yes! A plan which is not written usually has not been thought through fully. And despite what you may have read, it is doubtful that any business ever attracted capital on the back of a napkin.

Use this checklist as a way to identify where your strategy, as spelled out in your business plan, needs work. Each of the questions below highlights an area considered critical to technology investors.

1. Can the key ideas behind your product or service be stated in one or two sentences? (y/n)

2. Does your company have at least one unique and compelling competitive advantage, which cannot quickly or easily be duplicated? (y/n) Examples are a special feature, a cost advantage, a technical refinement, a new delivery system or a special supplier.

3. Is your competitive advantage proprietary? (y/n) That is, can it be copyrighted, patented, trademarked or otherwise protected? Can you keep it exclusive to you?

4. Is your industry segment growing by 25% or more? (y/n) If not, can your new product dominate its segment? If the answer is no, you probably won’t be able to generate the kind of financial returns investors look for.

5. Does your product or service create a new market? (y/n) Although generally positive, this could be a trap – in a brand new market, the potential can be slow to develop. Lotus Notes created a new category but took years to create value for investors.

6. Is your market in “early momentum” – the market growth phase where market revenues have recently taken off? (y/n) Venture investors prefer markets in this stage because the time-to-create-value is shorter and the growth potential still large.

7. Is your target market segment 1) tightly defined over a population sharing common characteristics, 2) large enough to support significant profits, 3) served by communications channels to reach that market – i.e., trade or special interest publications, response mailing lists? (y/n)

8. Is your company filling a gap in the market, or do you have a “gee-whiz” product which you think is so terrific that customers will surely want to buy it? (y/n)

9. The benefit of your product or service to users is 1) significant, 2) quantifiable and 3) cost-justified? (y/n). If you provide a benefit which is important, and you can prove it – there is a much higher probability of generating sales.

10. Is there a demonstrated market for your product? (y/n) If you have an existing product, is your customer base expanding? Investors would rather fund sales and production than product development.

11. Is there wide appeal for your product or service? (y/n) Are there enough potential customers in the target market that you can earn significant profits, for a long time? Are there follow-on products to sustain revenue and profit growth?

12. Does your company have the ability to sell your product? (y/n) Particularly in companies where the founders have technical backgrounds, a question to ask is “Who is going to sell your product or service?” What about outside distributors?

13. Is there an experienced management team? (y/n) Investors would rather fund a solid team instead of one lone genius with a great idea. The team should be highly qualified in marketing, sales, finance, and the product/service area itself. Of course, a demonstrable track record helps.

14. Can you demonstrate a likely return of 5-15 times investors’ capital, over a period ranging from three to seven years? (y/n) The actual parameters used by venture investors will vary based on which stage you are in (idea, startup, development, expansion, turnaround).

15. Is there a clear exit strategy for investors? (y/n) The most common strategies for returning investors’ capital are 1) going public; 2) acquisition of your company; 3) new investors; 4) founder’s buyback or management buyout.

16. Have other investors already put money into the company, particularly the senior management team? (y/n) This reduces the apparent risk, reduces overall exposure, and shows that management “has its money where its mouth is.”

17. Have you clearly defined a structure for the investment you seeking? (y/n) The structure should include: who is involved, how much capital is needed, what minimum investment you will accept, how much equity that will buy – and, of course, the projected return on investment.

18. Are your financial projections realistic? (y/n) Have you soundly justified your projected growth rates and other financial assumptions?

19. Have you clearly examined the risks? (y/n) Investors like to know that you have considered the risks. This is key – can you turn your risks into opportunities?

Too many no’s? Remember, each “no” opens up an area for you to strengthen your business. Even if you aren’t seeking capital, each question highlights a critical success factor – which, when mastered, will increase your profits, your performance, and your future success.
In order to help you discover hidden value and opportunities in your existing business, and to make it easier to spot potential problems while you are just starting out, I’ve created the Business Building Guide. A remarkable aid to accelerating the growth and profitability of your business, this program of insight-provoking questions and checklists enables you to rapidly diagnose, troubleshoot and optimize every part of your business, from marketing to sales, customer service to product development and finance to production.

© Paul Lemberg. All rights reserved

Paul Lemberg is the president of Quantum Growth Coaching, the world’s only fully systemized business coaching program guaranteed to help entrepreneurs rapidly create More Profits and More Life(tm). To get your copy of our free special report with detailed steps on how to grow your business at least 40% faster, even when you aren’t sure what to do next, go to Paul’s business coaching website.

Click here if you are interested in Quantum’s Business Coaching Franchise opportunities.

Is Your Company Growing Fast Enough for You?

June 29, 2008 by  

Are you frustrated by the lack of growth in your firm, or the effort required to squeeze any up-tick in performance? Are inadequate policies and procedures a root cause? To find out, take this simple self assessment to see if this may be inhibiting real growth at your company.

Q. Can you take an extended vacation without the company falling apart?

A. If you answered “no” then you have a job and not a business. A business must have a system of standard operating procedures to ensure the work gets done correctly, even in your absence.

Q. Can your company handle a ramp-up in sales and production?

A. Hidden inefficiencies are often revealed when sales and production increase. If low turns on accounts receivable and inventory, long sales or production cycles starve your cash flow, then something is wrong. Your policies and procedures should document cycle times for your critical operating metrics.

Q. Can you effectively add more people to your organization?

A. Hiring people is simple compared to ensuring they know what to do and have the resources to accomplish their job. Policies and procedures provide the framework for a management system to oversee new employees and communicate who does what by when.

Q. Does opening a new branch office, plant or facility create havoc?

A. Expanding your operations to new locations will test the limits of your policies and procedures. Did you know that franchises are four times more likely to survive than a start-up primarily because they have a well defined operations manual? Are you running your business like franchises run theirs?

Q. Is your family happy with your work life??A. If your business demands too many hours, too much stress, and too little quality time with your family and friends, then you should do something about it. A well defined system of standard operating procedures can allow you take a vacation without worry, increase sales with ease, add people to fill demand, and open new offices without trouble. Then your family will be the happiest on the block.

About The Author

Chris Anderson is co-author of policies and procedures manual products, assisting in the layout, process design and implementation of the information. He is currently the Managing Director of Bizmanualz, Inc. He holds a Masters in Business Administration from Pepperdine University and a Bachelor of Science degree in Electrical Engineering from Southern Illinois University.

mail to:chris@bizmanualz.com

Visit: http://www.bizmanualz.com

What a Leads Exchange Group can do for You

June 22, 2008 by  

What is the definition of a leads exchange and how does it differ from other groups?

So what is a leads exchange? A leads exchange comes in several flavors; first the exchange usually has exclusivity restrictions so that you remain loyal to only one group. This way the printer and the chiropractor that belong to this group will only think of you for a particular service or product. They will essentially promote your business as part of the membership requirement: to generate leads for others as well as get leads in exchange. These types of groups are plentiful and can work for you or against you. If you have done your homework and the group is active in the areas that you would like to be known, then this type of group will work well for you. If you work in an unusual business, it may be more difficult for others to find leads for you. This type of group will expect that you have defined your best customer and have given them the tools they need to seek out business in that area.

The best way to work this type of group is to generate many leads for others in the group. Once they know you are out to make the most of this, they will bend over backwards to ensure that you get enough leads so that you will continue to be an outstanding member of the group. They know that if you are dissatisfied, it is likely you will look elsewhere and take your great lead generation ability to another rival group. The more you give, the more you will get in this environment.

Leads exchanges provide many opportunities, but there is also some disadvantages to belonging. If you are focusing on your own business, then generating leads for others is a definite distracter. This can work to your disadvantage if generating leads for others is your only way to get leads from others. If you go about generating your own leads, you may uncover something that can be fulfilled by another member’s business. The important thing to remember is that there is always a cost to joining a group.

Bette Daoust, Ph.D. has been networking with others since leaving high school years ago. Realizing that no one really cared about what she did in life unless she had someone to tell and excite. She decided to find the best ways to get people’s attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the “Networking Queen”. Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself is planned for release in 2005. For more information visit http://www.BlueprintBooks.com

How to Collect Business Cards

June 15, 2008 by  

Why the business card grab is not why you are there?
So how do you obtain the card and show interest that gains confidence?

One of the things I am also always asked is, “How do you collect cards?” and “What do you do with them when you get them back to the office?” What really happens when you collect business cards? Often they get put into a pocket with many others. Have you ever collected cards to later find out that you have no idea who the person was? This happens all the time. It is probably better to pick a few good leads rather than collect everything (sometimes that is difficult to do if people trade cards with you). Choose one pocket for the timely leads and carry post it notes to add information.

It is quite easy to cull the cads as you gather them. First, I only collect cards from people that I can either do business with, form an alliance with, or simply become a referral for them. Sounds easy, but the trick is to be able to ferret out who these people are. I also take notes on the back of the card or on a pad of sticky notes and attach it to the card so that I do not forget who they are and what services they provide. I even try to put faces to the cards by describing them on the sticky notes. These people will be amazed that you can remember them the next time you meet and they will then want to talk to you.

Some people look at their stack of cards the next day, or two days later is even worse, and they are bewildered: they can’t remember who was who. Cards with simply black and white designs can look very alike; it is very important that you try to differentiate the cards you collect. Do this by writing on the back with a Y or N or M for Yes, No, Maybe significance. I then keep my cards in a zip lock bag for each type of card. It makes it easier to follow up. I also make note of the event we attended so as to keep a record of what we were there for. It also helps me to keep track of where the best events for attracting business are. If you are starting out cold, then keeping records will be very important – just remember not to collect every card on the floor.

Bette Daoust, Ph.D. has been networking with others since leaving high school years ago. Realizing that no one really cared about what she did in life unless she had someone to tell and excite. She decided to find the best ways to get people’s attention, be creative in how she presented herself and products, getting people to know who she was, and being visible all the time. Her friends and colleagues have often dubbed her the “Networking Queen”. Blueprint for Networking Success: 150 ways to promote yourself is the first in this series. Blueprint for Branding Yourself: Another 150 ways to promote yourself is planned for release in 2005. For more information visit http://BlueprintBooks.com/

Top Five Tips For Designing Marketing Strategies That Get Results

June 8, 2008 by  

”But this won’t work” said Steve. “I’ve tried it in the past and had no response.” Does this sound familiar? My newer clients often resist implementing certain strategies based on past experiences. However, I usually find out that it wasn’t the strategy itself – but how it was implemented that caused the dismal results.

So whether you are designing a simple flier or developing a plan for a strategic partnership you can increase your chances for success by following these five tips.

1. Develop Your Marketing For Your Potential Clients – Not Yourself.

What looks good to you may not necessarily be appealing to your audience. It’s OK to ask your friends and associates for feedback – but their comments are only relevant if they are members of your target market. Also – just because everyone else advertises in a certain way is not a proof that it works.

2. Provide Answers To These Three Critical Marketing Questions:

QUESTION 1: What’s this about?
Check that your materials immediately and clearly communicate what you offer, who it’s for and what’s the next step you are asking them to take.

QUESTION 2: What’s in it for me?
Don’t make your audience guess about what’s in it for them by leaving this information out or hiding it in the small print at the bottom. Use clear language free of industry jargon. Describe your offering not from the perspective of what you do but in terms of what the clients will receive and how they will be better off as a result of it.

QUESTION 3: Why should I listen to you?
How will you establish credibility with your audience? Include your photo and prominently display your contact info. Present case studies, statistics, endorsements, testimonies from satisfied clients. If people don’t believe you they will not respond to your offer.

3. Always follow the proven A.I.D.A. format.

ATTENTION
Use a powerful headline that grabs attention. Don’t try to be cute, don’t expect that your prospects will take the time look for a deeper meaning in your clever slogans – they won’t. So be as direct and to the point as you possibly can. If you can boil the essence of the benefits you are offering to just one short sentence what would it be? That’s you headline!

INTEREST
Now that you have their attention you must quickly build your prospects interest. Use subtitles, questions and short stories to illustrate and communicate how well you understand their needs. This is a good place to allow your audience to connect with the pain their problems are causing them.

DESIRE
Technical descriptions and numbers provide information but don’t incite action. Your marketing must arouse in your prospects the emotion of desire. Show your audience how a solution is available and achievable to them through doing business with you. Offer powerful performance promise and eliminate the risk of giving you a “try” by a strong guarantee.

ACTION
Without this part your marketing is like a salesman who gives a great presentation but forgets to ask for the order. Give your prospects a compelling reason to take action. Make your offer so incredibly irresistible they simply cannot refuse!

4. Follow up, Follow Up, Follow Up…

Over 80% of all sales are made after the prospect has heard from you at least seven times. Yet a typical business person gives up after just one or two follow up contacts.

Plan your follow-up steps in advance. Use a combination of mail, email, telephone and personal visits as your follow-up strategy. At each opportunity provide your potential clients with value – this way they will forgive you the intrusion.

5. Develop a System

Most entrepreneurs and professionals waste their time and money on one-shot, fragmented promotional tactics. They practice “hit and miss” marketing system; they try a strategy and abandon it before it has a chance to produce any results.

Instead of developing new marketing strategies look for ways to improve the ones your are currently using. When you find a promotional strategy that works for you build a system around it so that you can consistently implement it over and over again.

Following these tips will make all the difference in the world between struggling to get clients and becoming wildly successfully in marketing your services. They are worth investing your best efforts and getting the support you need to implement them effectively.

(c) 2004 Adam M. Urbanski

The Author, Adam Urbanski, a Marketing Mentor, helps Service Professionals and Small Business Owners attract more clients. For more free tutorial articles, hot how-to tips and a FREE 32-page marketing guide go to http://www.themarketingmentors.com

Think of Franchising Your Company?

June 1, 2008 by  

If you are thinking about franchising your company you might wish to know the statistics on franchisor success, it is not pretty and you need to know the risks. Franchisee Success it is a really good number there on that side of the franchising game, so buying a franchise is not as risky as franchising your current company the success of franchising companies is problematic. Franchising companies have a 5:1 failure rate, mostly due to over regulation and the litigious-ness of the franchising industry.

Here is a thought for you. If we have 400,000 franchise outlets in the US and we have 5:1 failure rate for Franchisors, then aren’t we missing 2 million small business franchised outlets? Not that every business should be automatically successful mind you, but if the failure rates for franchisors are that high, we have a problem with regulators and lawyers. What recessions, all we need to do is get rid of the over regulation and lawsuits and suddenly we are recession proof next business cycle? Here is a story that illustrates what happens to first time franchisors; who go charging off:

http://ezinearticles.com/?Entrepreneurship-Story;-Over-Regulation-in-Franchising-Part-I&id=39358

http://ezinearticles.com/?Entrepreneurship-Story;-Over-Regulation-in-Franchising-Final-Chapter&id=39361

We need to be honest as a nation if we really want success in our economy, we need to address the over regulation problems in franchising and ask ourselves how we can reduce the number of lawsuits, disclosure and failures. Think on it.

“Lance Winslow” – Online Think Tank forum board. If you have innovative thoughts and unique perspectives, come think with Lance; http://www.WorldThinkTank.net/. Lance is a guest writer for Our Spokane Magazine in Spokane, Washington

How to Start a Franchise?

May 25, 2008 by  

Franchising Information

Franchise opportunities are all around us today. You may pop into Starbucks for coffee and then head for lunch at MacDonalds before returning home and ordering your dinner from another local franchise, Pizza Hut. Many of the most popular outlets you visit may be franchises as they offer the security of a brand name and the attraction of starting your own business.

The world of Franchise is certainly complex but many people are now seriously looking at starting a franchise as they look to leave their routine day jobs and embark on an exciting business opportunity and run their own business. Indeed many franchise fairs and seminars are now the perfect location to meet franchise experts and discuss funding and business plans to determine what type of niche you may quickly recoup your investment with.

Selecting the correct franchise opportunity is vital and you should research the company history and seek advice from current franchise owners before making important decisions. Many franchise opportunities allow you a great degree of freedom with your marketing and advertising, however many others have trademark guidelines and company policies which you must be aware of before launching a promotion.

Joining your local chamber of commerce or business club is a good first step as many business owners have experience in the franchise industry and also have a great network of contacts that could give your franchise business a great head start. Your local business enterprise will also be able to help you formulate a business plan and budget as well as possibly providing a small grant for start up costs.

Starting your own franchise has never been easier and you could even lead you on the road to becoming a multi franchise where you also recruit others to join your network.

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