Eat Your Peas: Always Be Networking

July 14, 2011

In the good times, the phone rings and business just rolls in. There is no time or need for systematic networking (or so we think).
Why should you eat your peas (networking) when there is so much steak around (client work)?
Because you’ll run out of steak.
It’s called feast or famine. And it’s a service professional’s and [...]

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Triumph of the Niche-Meister: A True Story

July 6, 2011

Readers of this blog know that I preach incessantly about niches, positioning, content marketing, referral networks, nurturing programs yada, yada, yada….
I have finally found someone who actually practices what I preach. This individual has a very successful business. But it’s no coincidence that he also has a well defined (and very narrow) niche, a crystal [...]

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Hook ‘em with Ideas, Not Hype (Or Chutzpah)

June 22, 2011

David Meerman Scott, author of The New Rules of Marketing and PR says that there used to be three ways to generate business: Buy, Bug, and Beg (aka The Three B’s)

Buying Advertising
Bugging  Sales Prospects
Begging the media for coverage

The Three B’s no longer work so well. Buyers are tuning out advertising messages. Sales prospects are increasingly [...]

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Do You Have a Brand?

June 9, 2011

 I used to think a brand was just a logo. I also used to think that “branding” applied to consumer products, not to b2b businesses or professional services firms.
 Wrong on both counts.
 A brand is a lot more than a logo. And it’s more than a niche. A brand is what your market expects you to [...]

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Your Niche: The Key Ingredient for Success

May 20, 2011

“I like variety”
“I want to work on all kinds of projects.”
“I’ll do whatever a client asks”
“I don’t want to miss any opportunities”
“I don’t want to limit my options”
These statements argue for the broadest possible positioning: Being many things to many people. After all, in tough times, you want to appeal to everybody. Right?
Wrong. Without a [...]

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The First Networking Meeting: Schmooze or Lose

May 13, 2011

You’re having a networking lunch with Fred, a well connected lawyer, and Tom, a mutual friend who set up the lunch. The usual pleasantries ensue, discussion of kids and family etc.
You’re getting antsy. You think to yourself “Fred could be a referral goldmine. Enough of this idle chit-chat. Let’s get down to business. I want [...]

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Tantalize Your Prospects with Intriguing Messages

May 2, 2011

You’re going crazy trying to reach Ms. Prospect. You’ve called her four times but she hasn’t picked up the phone.
You’ve left three detailed voicemail messages describing your services. She hasn’t called you back.
You sent her an email with your slide presentation.  You even sent a Fed-Ex letter with your brochure.  No response.
Ms. Prospect hasn’t called [...]

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Don’t Blow the Big Meeting. Ditch the Sales Pitch.

April 20, 2011

You’ve just scheduled an initial meeting with Ms. Big Prospect. But it’s only 30 minutes. So much to tell her, so little time.
Where will you start? Should you show your slides? Perhaps your brochure? Surely, your white papers will impress her.
Forget it.
Don’t do an information dump on Ms. Prospect. In fact, don’t show her even [...]

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With Big Prospects, Start Small

April 14, 2011

Your first meeting with Ms. Prospect just ended. You realize that she has lots of problems and buckets of money.  This could be a whole year’s worth of work. What a bonanza! Time to propose a six figure mega project.
Not so fast.
There is one little problem: she doesn’t know you.  She’s not going to risk [...]

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Publish or Perish. Become a Thought Leader.. .or Else

April 5, 2011

In academia, it’s “publish or perish.” It’s getting that way in professional services, too.
“Thought leadership” (a.k.a. marketing your expertise via writing and speaking) is probably the best way to find new clients. But it’s not just a great marketing tool. It’s becoming a necessity.
Prospects rely on thought leadership to determine your credibility and distinguish you [...]

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