Deb Pilgrim's Blog

My aim for this blog is to provide YOU with ideas, strategies, tools and knowledge about how to market and grow your business. These articles provide answers around how you can grow your business - faster and more successfully. Simple, how-to-solutions that can impact both your business and life success, in an easy to read format.

Is Your Offer Irresistible?

Deb Pilgrim - Thursday, August 18, 2011

When a new client comes on board, one of the areas that we look at fairly early on in the coaching process, is what their offer is to their potential clients, and how can they best position this offer to bring in new clients to their list. 


You’ve all heard that you want to be able to capture people's
details when they land on your website, but putting up an opt-in form for a newsletter these days is just not going to cut it!  Email addresses have the same value as your personal home address, which is not something that you are willing to give out to just anybody.


To have the honour of someone giving you their email address, you want to make sure you give them something of value in return.
  There are many ways in which you can offer this value.  It could be a special report, an audio CD, an introductory teleclass, a workbook, an e-course, a downloadable audio, a video or a checklist.  The possibilities are endless!


Take a moment now and
check out your website:
  Do you have an offer of value there waiting for your clients to download, or are you asking them to sign up for your newsletter or to just stay in contact?  If you don’t have an offer of value, then over the next week, I’d like to encourage you to spend time developing your free offer.  And YES, I did say a free offer! 


If you’re not sure how to begin
, then think about your ideal clients, and ask yourself "W
hat are some of the challenges they are currently facing?"   Make your offer something that will solve one of their challenges.

From here, you can then decide which delivery mechanism would work best for these potential clients.  Would they prefer to receive an audio download or a white paper?  Perhaps they might prefer a workbook or simple checklist.  Because you know your ideal clients so well, you’ll easily know which method is more likely to have them opting in quicker.


There may be no charge for this offer, but that doesn’t mean it’s not of high value.
  Don’t be scared to give something away that is of extremely high value and quality content.  You want these potential clients to remember YOU, and not your competitor up the road! Remember that there is now so much information out there, that it’s easy for them to do a search and find the information they are after. But who knows if this information is the right information?


You know that when they land on your website, your offer is not only of high value and content, but it will give them the results they need, as your
past clients have proven that your information works! In addition, when your offer is high in value, you build credibility as well. 


Now I’m not saying that you give away the whole box and dice.
  That just wouldn’t be a good financial move.  What I am saying is that you give away the ‘what’, but not the complete ‘how’.  You want to engage them, so that they come to you for assistance in the execution.


As we know, your offer is created to bring prospects into your community, s
o that you can stay in touch with them, continue to add value to their day through your services and products, and build a strong, trustful relationship with them.


As I mentioned earlier, if you don’t yet have a high value offer in place on your website, now is the time to go and create one.
 


If you do have such an offer
, excellent!  Although, can you check your facebook page: do you have this offer on your welcome tab as well?  Too often I see clients who may have an offer on their website, but on their facebook page they still want people to opt-in to their newsletter list. You don’t want to do this, because the conversion rate won't be as high as what it could be, if you had your value-add offer there.  


Let's continue our conversation, feel free to jump over and leave your comments and ideas around what your offers are on our blog.

Customer Service - Giving the WOW Factor

Deb Pilgrim - Thursday, August 11, 2011

Jenny Towers from Customer Service Specialist, in her Business Building Block's presentation on "The WOW Factor", provided research results conducted by American Express about customer service.  In the results it showed that Australia had the highest number of respondents who believe companies are 'helpful, but don't do anything extra to keep their business', with 46% believing this is true.

  • 25% of respondents believe companies take their business for granted, while 10% think companies don't care about their business - a result that has more than doubled from a year ago.
  • 73% of consumers are willing to spend more money with a company they believe provides excellent service.
  • For those businesses that do deliver great service, consumers are willing to pay an average of 12% more, up from 8% last year.

Your clients are you business, and without them you wouldn't have a business.  Today, stop and ask yourself: 

  1. How can I serve my clients better?
  2. What do I need to do to provide extraordinary client satisfaction?
  3. Do I really know what experience my clients receive when they decide to purchase from me?


When speaking about client satisfaction, people often remark, that really it's just customer service.
  Many people don't see that there is a difference, but I believe the difference between customer service and client satisfaction is all in the terminology. I personally think it is time to move the focus from service into satisfaction.

I recently heard a great distinction between these two terms: customer service is more of a reactive attitude, whilst client satisfaction is seen as adopting a proactive attitude. Being proactive in your business and with your clients is much easier than being reactive, and as we all know, it is less expensive and less time consuming for us to keep our current clients rather than go in search of new clients all the time.

Dynamic Business Magazine published an article I wrote about Client Satisfaction, and I thought I would re-post here for you part of the article.

Five Steps to that Buried Treasure of Extraordinary Client Satisfaction, that:

Discover Treasure#1: Be really clear on who your ideal clients are.

You can never really know too much about your clients.  Understand the underlying drivers of your ideal clients.  Underlying drivers are the beliefs, feelings, and desires that drive your clients’ buying behaviour.  Once you understand this, and I mean really understand this, you will not only begin to speak the language of your ideal clients, but they will hear and understand what you can do for them.  They will know that you are the person who will help them solve their issues or challenges.  They will realise this because not only do you know these people, but you are also clear on the benefits your products or services provide.  If you have been following me for a while now, you will know that I am constantly talking about how you need to be clear on the benefits and results your products and services provide. This is not new, but what we often forget is that while clients will buy the product for the benefit, they will stay for the experience. You want to make sure the experience they have with you is worth staying for.  Think about ways in which you can continue to provide your clients with an extraordinary experience.

Discover Treasure#2:  Make sure that your clients’ expectations are always met.

What are the expectations your clients have of you or your services?  Do you really know, or do you simply presume you know?  When was the last time you asked a client what they really expected from you?  These are all great questions to consider, because when you are clear on these expectations, this is when the extraordinary client experience can really kick in.  Not only are you satisfying your clients’ initial needs, but also you have taken the time and effort to further understand them.  The experience you then provide them can be different from anything they have previously experienced


Discover Treasure#3: Re-affirm that the decision to buy from you was the correct decision.

A simple way to do this is by not over committing. Once a client has decided to buy your product or service, don’t forget about them.  Put in place a strong communication strategy that will support your client and the relationship you want to build.  Be responsible for the types of communication that are being sent, and be aware that it is your responsibility to ensure your clients understand your messages.   And remember, once they have made that initial purchase, don’t forget about them.  A great technique to consider is to check in with them 24 hours after the initial purchase, and answer any questions they may have about the product or service you provided. Another way is to use your client testimonials for retention, not just in the initial pre-purchasing stage.  Again, include some of your testimonials in your initial follow up emails, to remind the client that they have made the right decision in wanting to purchase from you and your business.

Discover Treasure#4: Treat each client as an individual, and take the time to find out who your best clients are.

By understanding this, you can increase the lifetime value of these clients. You spend so much time bringing these clients in, so why not do what you can to keep them? Really get to know your clients – find out about them and keep up to date with what is happening for them.  Understand what they want from you.  It might be that they don’t need to receive a discount on a current product, what they may need is a more advanced course or product to keep them moving forward.  They may need to work with you exclusively, or they may need you to refer them to some one who can better meet their needs at this point in time.  Be willing to do what you can to serve your clients at the level they deserve.


Discover Treasure #5: Deal with complaints – Immediately!

When a client contacts you to complain about a product or service, look at it as a blessing in disguise.  For every client who may complain, there are probably many who don’t, but who may spread negative comments about your business.  So in the situations where you might receive a complaint, deal with it immediately and deal with it honestly.  If you need to give a refund, exchange a product or do a repair, ensure that you do this as soon as possible. Seeking client satisfaction benefits your business in the long run.  In addition, why not offer the client a special offer or bonus on another product or service as well? Show your clients that you value their business.  And remember, once you have dealt with the complaint, take the time to rectify the problem. It is in your best interest to solve any problems as soon as you possibly can, and learn from the issues that came to light to make sure they don’t happen again.


Ten Treasure Filled Ideas For Extraordinary Client Satisfaction:

1.  Never take your clients for granted.  Be thankful for each one of them.
2.  Think outside the box, and go the extra mile for your clients.
3.  Stop and listen to what your clients are saying, and understand what they really need.  Don't presume you know what they need.
4.  Always put yourself in the same playing field: Never think you are more important than anyone else.
5.  Communicate clearly.  In fact, why not over-communicate!
6.  Ask for feedback, and be willing to accept what your clients are feeding back to you. Make the necessary changes if required.
7.  Work with clients you want to work with!
8.  Host a client appreciation event.
9.  Take the time to really know your clients.  Be able to tell a story about them.
10.  At the end of the day - have fun with your clients.  Isn't that why you are in business?


Let's continue our conversation, feel free to jump over and leave your comments and ideas around what you do to provide the WOW factor on our blog.

Do they understand the value YOU add?

Deb Pilgrim - Thursday, June 16, 2011

“It’s just too expensive!”  What’s your response when you hear this from a customer? 


Do you back pedal and try to justify your price?  Do you immediately offer a discount? Or do you realise that you’ve obviously not explained the true value of your service or product? 


Yes, there are always those customers who for them, price is an issue and no matter what, they are looking for the cheapest cost for the service they need.  That’s okay, and it's a normal part of doing business. Let these clients go through to the keeper, don’t try and convert them, because ultimately it is not worth your time.  It will just be their loss in the long run.


But there are a majority of customers where price isn’t their deciding factor, value is!

So the next time a customer says that you are too expensive, consider the following.  Have you explained to them the real value of your service and/or product? Have you taken the time to speak to them about the benefits and results you deliver, or have you simply provided them with only  the price of your services?


There are many motivators that make people buy, and the main four include, making more money, saving money, saving time, and avoiding effort.  It’s important that as part of your process of educating your customers about the value of your service and products, that you are clear as to which of these motivators fit within your results. 


Here are some strategies you can put in place to further explain your value:

  • Put together a sales process for all new potential customers.  This doesn’t need to be a ‘hard’ sales process, it needs to a system that works for you and your business model.
  • Provide them with more than just a price.  Firstly, take the time to find out about their struggles, their concerns and their business. Understand what is happening for them by asking open-ended questions and then listen!  Listen to the words they are saying as well as the tonality of their voice.
  • Speak about the value you provide.  Don’t rush this process!  This really needs to be about them buying your services rather than you selling.  Take the time to demonstrate either through examples of what you have achieved with past customers, or by linking their current challenges back to the solutions you provide. 


When you take time to find out more about what is happening for your customers, and speak directly about the value you add, you remove the price point.  Without knowing it, you begin at this point to increase the trust factor,  strengthen the relationship and customers will choose to work with you. 


Is there something specific you do to demonstrate the value your services or products add - if so, share with us here.

Reminder: FREE Business Training Call Tonight!

Deb Pilgrim - Tuesday, June 14, 2011
Tonight is our regular monthly Business Building Block Inner Circle call, and we hope you can join us! 


On this complimentary Inner Circle call, we’re going to be talking about:

 

“Four Clients Types and How To Re-Engage Your Sleeping Clients”

 

You'll discover:

1.  The four types of customers you have within your business.

2.  How to engage with these customers

3.  Strategies you can take to re-engage a sleeping customer.


The webinar will be held tonight, at 8.00pm Sydney; 10.00pm Auckland; 11.00am London & 6:00am New York, I will have some critical content to share with you.

 

To attend, visit:

https://www1.gotomeeting.com/register/635954560

 

In the meantime, have a great day, and I look forward to speaking with you tonight!

 

Deb

 

PS. We often get asked if our calls are recorded. If you attend this webinar live, then it is complimentary for our entire Community. However the recording and power point presentation will be available ONLY for financial members of our Business Building Block Inner Circle.


PPS.  Feel free to forward this email on to others you think might be interested in attending...


Identify your Ideal Clients, easily and effortlessly!

Deb Pilgrim - Thursday, June 09, 2011

We’re currently two-thirds of our way through our 90 Days - Get More Clients Coaching Program.


This program has specifically provided participants with a step-by-step framework to allow them to grow their business. Over the next few weeks, participants will be stepping up to the plate and presenting their business to other members of the group. 


As part of their presentation, they’ll include all of the information that I’ve provided to them over the past eight weeks in our training webinars.  For me, this is such an important part of the learning process that is often forgotten. Asking participants to use all of this information and present it back to the group further embeds the learning process, and reinforces how you can use the information and make it relevant to you.


One of the areas that we have been looking at continually through this process is that of their ideal clients.  Understanding who your ideal clients are is something that as a business owner you don't want to take lightly  , and I thought it might be nice to do a refresher and look again at who your ideal clients are…


1.  Make a list of all of your clients and note down some things about them.  For the activity, let’s focus on the demographic profile of your ideal clients.  Start with looking at questions like: What they do, how much they spend with you, what you like about them. Are they all from a certain industry or profession?  Are you passionate about their issues or challenges?


Then look at the psychographic profile of your ideal clients.  What are their beliefs, their attitude, what do they think about, how are they feeling about their current situation.  How do they make decisions?


2.  From this list, look for what patterns are occurring and who is sitting in the top 20% - is it professional woman who run their own small businesses; male engineers; contracts with government agencies; new mums; start ups etc. 


3.  Focus your efforts on this top 20%.  Research this group and find out more about what they need, what issues they are facing, where they hang out, are they willing to spend money on services and products?


4.  Now armed with this information - ask yourself: How can you reach them?  What can you do to be more visible to this market?  Once you research your market, develop your message and be clear on what you can do to solve their challenges.  You can begin to write articles, speak at their industry conferences, and become the go-to person for these people.


Your challenge is to spend your time focusing and working with this top 20%, let go of the other 80% and watch what happens to your bottom line and to your own passion and excitement. You will find that your message becomes more clear, and your clients will better understand what you do and how you can support them.


To further support you learning transfer, feel free to share with me your responses to these questions.

Four Types of Customers

Deb Pilgrim - Thursday, May 26, 2011

You’ve done all of the background work, you’re clear on who your ideal clients are, the results you deliver, and the solutions you provide to their challenges and issues.  This provides you with a very solid base for client growth and retention.  Lead generation at its best.


However, one of the key mistakes I see some business owners make is that they do all this work, and then use the “If you build it, they will come” model of business.  Absolutely, if you build it, people will come – but it will be slow and painful. You need to get out there and let people know about you, your business and the problems you solve. Period!


At DebPilgrim.com we are constantly reminding our clients that no matter how brilliant you are technically, you really are in the business of marketing.  I want to share with you that you need to be spending a solid part of your day marketing your business. 


Your clients need to be in a continual marketing campaign. 


Now if the word ‘marketing’ freaks you out or doesn’t sit well with you – change it!  Use a term that works better for you, call it ‘relationship building’, but make sure you engage in it.  The important thing to remember is that 'relationship building' doesn’t need to be pushy or in your face; it needs to be congruent with who you are and be true to your business model.


Building relationships, understanding your clients, knowing what they need, and delivering results will build loyalty.  It’s this type of loyalty that you want to continue to develop.


When looking at your current client list, here’s a breakdown of four types of current customers you have within your business:


a)    Active customers:  They’ve bought at least once in the last twelve months and are  more likely to buy again soon.

b)    Inactive customers:  These are your clients who have not purchased from you in the last one to two years.

c)     Sleeping/dormant customers:  These are your clients who have gone quiet.   They don’t buy your products or services any more, and they’ve stopped interacting with you and your brand.

d)   New customers:  This one is pretty self-explanatory…


It’s often said that it’s easier and more cost effective to spend your time and money focusing on your current clients rather than looking at bringing new clients in. And I agree with this statement, these clients know you and know what you can do for them – it’s the perfect place to expend your time, money and energy…


So let’s not give up on them, and by ‘them’ I mean your sleeping/dormant customers.  They may have gone quiet, but there was a stage when they were active and engaged in your business.  You just need to find out how to re-engage them and bring them back to an active status.


Here’s a few ideas to get you started:


Idea 1:  Find out and understand why they’ve gone silent.


Idea 2:  Develop a marketing campaign that focuses specifically on bringing them back into an active status.  Offer them something that is worth coming back for.


Idea 3:  Remind them about the results you deliver for your customers.  Show them what you can do for them.


But above all else, be proactive and consistent in your messages and offers to this group.  As I mentioned earlier, it is worth your time, energy and money to re-engage this type of customer.


We would love for you to share with us here, what you currently do to re-engage your dormant customers…

What can Wayne Bennett teach you about Business Success?

Deb Pilgrim - Thursday, April 21, 2011
Wayne Bennett believes in himself and his players, and he always will. — Darren Lockyer


Who’s Wayne Bennett?  Okay, so stay with me here as I give a little background for all of you who may not be aware of our National Rugby League (football), here in Australia.  Wayne Bennett is the current rubgy league coach of the St George Dragons.  He has set coaching records for the most grand final wins, and has been coaching professionally since 1988.  This year he is off contract with the Dragons, and there has been a frenzy amongst clubs to secure his services.


Why bring up a football coach and business?


It began when reading an article about Wayne Bennett last week, you see, he seems to have this unwavering commitment from his players to be the best they can be.  And it had me wondering what we could learn from his style…


1.  He believes in himself; and you need to believe in your abilities and yourself when in business.  One of your most valuable assets is your mind and what you think.

As we know, being a business owner can at times be solitary work.  You’re in your office working on creating a new product, writing an article or finishing off some client work, when the self-doubt begins.  It draws you away from your current activity and threatens to derail you. 


Yet, when you come from a position of strength, and that strength being the belief in your abilities, then any negative enhancing thoughts (NETs) or self-doubt is removed fairly quickly. 


You are on purpose with the goals you have set and know what needs to be done to achieve them – this is why having belief in yourself is so important to you as a business owner.


Each day is about being the best you can be in that very moment.


As Steve Waugh (Past Australian cricket captain) said:  “If you want to be mentally tough, do as Wayne Bennett says: follow your beliefs and don't give in to yourself.”


2.  He believes in his players; and you need to believe in your products and services.  Because if you don’t, then how can you expect your clients to believe in them? 


Imagine walking into a sales meeting with a potential client, and ‘sorta’ mentioning that you think your current product could provide a solution to their challenges.  You may get the sale, but my bet is that you probably won’t!


If you don’t come from that place of pure conviction that your product is the best fit for their current challenge, then the person sitting opposite you definitely won’t see you as their solution provider. 


You’ve got the results and you know what solutions you provide – your role is to communicate this effectively to your ideal clients, so that they know you are the person to call when they need your service. 


3.  He keeps the process of playing football simple, and he gets out of the way. 

Don’t look for complicated business models to grow your business – look for practical, simple models that you can implement effectively and derive results from. 


Too often, we see business owners looking at trying to overcomplicate your processes, when in fact if you followed the KISS principle you would have much greater success.  By keeping it simple, you are more likely to take action because you know that step by step the results will occur. 


When you overcomplicate the process, in most cases, you stop yourself from achieving because it becomes too hard.


If you look at the St George Dragons – they play a pretty boring game of football, because their coach, Wayne Bennett has kept the plays simple.  Last year, in his first year as their coach, he led them to win the Grand Finals.  His process is a simple step by step system – don’t overcomplicate the play, and each player knows exactly what they’re required to do.  They need to turn up each weekend and be the best they can on that day. Simple!


So if you feel you are constantly pushing uphill, stop and add the Wayne Bennett factor to your business.  Believe in yourself; believe in your products and services, and go back to the KISS business model. 


But most importantly take action to implement your ideas…


It really comes down to Leadership....

Deb Pilgrim - Thursday, March 17, 2011


"Management is doing things right; leadership is doing the right things." Peter F. Drucker


“That’s not how I see myself!”


Is the usual response that I get from clients when I ask them, “Do you see yourself as a leader?” 


Then the conversation invariably turns into a discussion about how leaders are usually men and women who, in moments of crisis, stand up and make a great difference to a course of events.  Unfortunately, this image creates a belief that you can’t be a leader unless there is some type of crisis and through this you have the ability to inspire thousands.


But really, the definition of leadership is simply ‘the ability to guide, direct, or influence people’.  And the reality is, YOU lead every day!


Let’s remember:  Mothers and fathers lead, little children lead and as a business owner, you lead.


So tell me?  “How do you see yourself as leader?”


Still not sure how this fits into your circumstances?  Think about a time recently when you’ve influenced another by the decisions you made, or when a conversation you had affected someone else’s decisions.  You may want to consider when you’ve chosen to spend time focusing on the growth of your business rather than getting caught in putting out the day to day fires…..


This is leadership, it’s your own personal leadership and guess what – you are upfront leading…..


Now that doesn’t mean you don’t make mistakes and you don’t always get everything 100% correct, and that the wheels won’t come off on the odd occasion.  They probably will! 


But when you make the choice to see yourself as a leader, you know what value you bring to your business, to your clients and to yourself. 


You understand that at these times you still have to put out some fires, deal with the day to day events, as well as all that other *fun* stuff. But you know when you’re in this frame of mind, your focus is about managing and management, and you don’t stay there very long. 


And the reason you don’t stay there for very long is because you’ve made the decision to lead your life rather than manage it.


To lead your life - over the next few days, take some time and list all the roles you play in your business.  Identify where these roles fit – are they “Leadership” or are they “Management”?  Look at where you are spending most of your time. 


If you are spending more of your time managing, ask yourself:


“What impact does this have on my business and my life?” 


“What do I get from managing rather than leading my life?”


“What needs to change, so that I can spend more time leading?” 


“What is one action I can do today, that will move me from managing my life into leading my life?”


When you’ve answered these questions, take that one action step and do it, then tomorrow take one more action, keep this going until you are spending most of your time leading. 


Take a moment to comment below and let me know how it feels to lead rather than manage….


Oh, if you want to find out more about how you can lead rather than manage, then click here....

Two Steps to Anchoring Your Business Mojo in 2011

Deb Pilgrim - Thursday, January 20, 2011

I always find the time immediately after a holiday, as an exciting time in business.  Your thinking is clearer and more creative, and you are open to possibilities that you may not have been just prior to your break.  I know this has been the case for my VIP mentor clients and myself!  There is a buzz in the air around business, and it’s as if everyone has their mojo back!  Do you feel the same?


If so, you’re ready to do things differently……


You want to know what are the core foundations you have to put in place for your success in 2011.  You know that 2010 doesn’t count anymore, as this is the New Year!


So, here are two key foundations that you will want to put in place for your success in 2011… 


1.  Taking action, without any excuses!

Taking action and being persistent is the difference between the successful and the not so successful.  It’s something that I learnt many years ago in my very first business!  After studying successful business people and then being mentored by some of these individuals, I realised that the difference between them and myself, was that they took action.  They made their decisions and acted upon them almost immediately!  They believed in themselves and they trusted the vision they held for themselves. 


Unlike myself, who at that time, would…make a decision, think about it, research it a little more, maybe do a course about it, think about it a little more, second guess myself…. (I know, you get the drift here now)…and then wonder why I was still running around chasing my tail while making limited profits!  Sound familiar?


It wasn’t until one of these mentors stopped me in my tracks one day, and said: “Deb, it’s time for you to stop thinking about it, stop learning about it, and just start doing it.  You spend too much time ruminating and not enough time taking action.  It’s time for you to take action, especially if you want to be a successful entrepreneur!  Otherwise you might as well close shop and go home.” 


Ouch!!!! Closing shop and going home, just wasn’t an option, so it was time to take action and be persistent.  It was time to stop thinking and start doing.  Time to believe in the vision that I held for myself and my business.


I want you to ask yourself:  “What do I need to do today?”  Once you are clear on the exact tasks you need to do, make a commitment to do them!


Sounds straightforward? That is until the self-sabotaging behaviours begin to rear their ugly heads, which leads nicely into the next foundation for your success…


2.  Removing Those Limiting Beliefs that are Holding You Back.


These are the stories that you tell, to keep yourself ‘safe’, to keep yourself where you are currently.  To stop you from focusing on the real action you need to take.

Removing your limiting beliefs, can be as difficult as culling your wardrobe!  You know you should get rid of some of your things, but even through much of it is totally out of fashion, not very flattering and you’ve not worn it for years, you insist on hanging on to it all.  Every time you open the wardrobe, staring back at you, is that white jacket with gold buttons and big shoulder pads!  It gets in the way of all the other great clothes that you could be wearing, if only you could see them.


We do the same with our beliefs:  we keep them when we don’t need them any more, when we have outgrown them.  Some of them have been with us for years.  Despite the fact they’re not really relevant anymore, we find them comfortable and familiar and insist on keeping them.  It’s worth acknowledging that limiting beliefs sometimes hold us back as a form of protection against the very success we are striving for.  So if you want success rather than to be a wannabe, you’ve got to get rid of these beliefs.  Make room for something new.  If they won’t go, change them so that they work for you more positively.


It’s time to put away those beliefs that are holding you back, away once and for all!  Take a moment to think about what your future will be like, what it will feel like with your old beliefs put away where they belong.  Notice again how this looks, feels and sounds for you. 


So, here are two key foundation pieces that you will want to put in place for 2011 - TAKING ACTION and removing your LIMITING BELIEFS.  If you have been thinking about doing something different, now is the time for you ACTUALLY do something different.  Step out of the sea of sameness and make it happen in 2011.


I can’t wait to support you further and hear about what you are doing different in 2011.  If you have your 'must-does', why not take a moment and share them with us here.

Step by Step - Turnarounds Do Occur!

Deb Pilgrim - Thursday, November 25, 2010

We're all on the same playing field....right?


If that’s so, then what makes one business owner more successful than another? I was thinking about this today,  after speaking with one of my mentor clients – let's call her Liz.  During our call today, she was reflecting on the difference that our work together had made on her business the past three months.  For me, it was very humbling to be there on the other end of the phone, listening to her reflect on what our working relationship meant to her.


Liz had asked me to work with her at a time when her sense of hope was failing.  Her business had hit rock bottom, she had sold her family home, and taken on two more jobs to pay back creditors, just so she could keep her family fed.


After listening to her story, I agreed to work with her.  At our first face-to-face meeting, we spoke about how we would work together, and established our guidelines for success. Our expectations were that she would do everything she committed to in our calls, and I would do everything I could to support her. We agreed that if nothing had changed by the end of 2010, she would close the doors and walk away. Liz left that meeting with the first of her action steps….


I remember going home that night and sitting at my desk thinking:  “Can this turn-around happen?”.  “By agreeing to work with her, am I giving her false hope?".  There have been times previously, when after having my first meeting with new clients, I have decided not to move ahead and work with them.


However, there was something about Liz that made me believe she could turn her business around. 


Was it tenacity, was it belief, or was it a desire to succeed, and change the tide?  I think it was all of these things and more, but I also think it was having someone who believed in her and the legacy she wanted to create. Someone who would hold the space for her, and give her honest feedback in the process.


Liz was the one who took the very first step to change and grow her business by engaging a mentor.  After each call, she walked away with, and committed to her action list.  Step by step, things began to change. 


Some of the areas that we focused on included re-establishing monthly financial targets for the business to meet, identifying referral partners, and organising one-on-one meetings. A step-by-step marketing plan was developed that included both on-line and off-line strategies.  A communication plan was developed and implemented.  Everything was tracked and if something wasn’t working, then changes were made.


Liz was totally committed, and put everything into making sure that the turnaround occurred.  Everything we spoke about was implemented, and action was taken straight away.  At times there was a sense of being overwhelmed, there was exhaustion, but still there was hope.  As each call progressed, I began to hear the difference in her voice, her language had changed and a lightness began to appear.  Things were beginning to turnaround.


As things stand now, Liz is not out of the woods completely, but three months on, she is now working in her business.  She’s paid off all outstanding debts, and has started taking a wage from her business again.  She’s there in the morning to get her kids ready for school, and in the evenings to have dinner with them all. There is light at the end of the tunnel.


I’m going to let you in on a secret:  What we did wasn’t rocket science; in fact it was an easy, step-by-step, practical, results driven process.  It’s what we all need to do to have successful businesses.  I often hear other business owners who aren’t running successful businesses say, “Yeah, I know this stuff already.".


But do you want to know the difference between them and my mentor client?

She implemented it all, she took action and she believed in what she was doing.  She didn't sit back and say, "I know this stuff already.". Liz took it all on board and now has a proven process that she can continue to use.  2011 is going to be her year for building a stronger, more successful business - mark my word on this!



Recent Posts


Tags


Archive