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SCORE NE MASS Business Tips Directory - Persistence Pays | Print |
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SCORE NE MASS Business Tips Directory
Understanding and Managing Cash Flow
Recession Proof Your Business
A Six-Month Plan for Transitioning from Employee to Entrepreneur
Keep your customers coming back!
If you are waiting for recovery ... don't!
Marketing Your Business on Search Engines
PP Systems Buyout with SCORE
Don't Undercharge for Your Services
Cash for New Business
Sales Strategies in an Economic Downturn
17 Cheap or Free Marketing Ideas
I've got a great business idea, now what?
How to Maximize Your SCORE Meeting
Why Your Need A Non-Disclosure Agreement
Funding a Start Up
Time Management
Make The Sale
Profit Planning Revs Up Results
12 Sure-Fire Steps to Improve Your Retail Sales
Persistence Pays
A Source of Revenue You May Be Neglecting - Your Past Clients
Valuing A Small Business For Sale
Do You Over Promise & Under Deliver
Recovery Act Expands SBA Microloan Program
Ten Ways to Offer Better Customer Service
European Cyber-Gangs Target Small U.S. Firms
How the Government tries to help but doesn’t quite get it done
Are Your Marketing Materials Generating New Customers?
In Recession, Strategy Shifts for Big Chains
Biometrix benefits from Score Counseling
If You Don't Know What Your Customer Values, You're Not Selling It
Want to Make A Good Impression? You’ve Got Thirty Seconds
Independent Contractor (Self-Employed) or Employee?
Financial Statement Section of a Business Plan for Start-Ups
All Pages

Persistence Pays

By Alvah Parker, Score Accredited Counselor
Chapter 411, Northeast Massachuestts

As a chemistry teacher many years ago I instructed my students to heat iron filings and sulfur. Each time they did the result was exactly the same –iron sulfide.

Wouldn't it be nice if marketing worked the same way? Then all the career and business tips you have read would work immediately. Network at a meeting one evening and the next morning tons of potential new clients call you. That would be wonderful and you would love it! So would I!

I talk to dozens of people every month who are trying to develop their businesses. The single biggest expectation is that the result will be immediate and when it isn't the person just stops the activity. "Oh networking doesn't work for me. I go to a meeting, hand out lots of business cards and no one ever calls."

The thing about marketing is that it isn't fast and it also isn't that predictable. What works for one person or business doesn't necessarily work for everyone. Finding what works for you and your business is the important part.

Developing your own unique marketing strategy is often done by trial and error. Because there may be errors before success, it can be discouraging and scary. Having a SCORE Counselor to work with will keep you focused and upbeat during the process.

There are also many variables when it comes to networking. What event do you choose to go to? How do you identify the people you want to meet? What do you say when you meet them? How do you make sure you can continue the conversation if you want to?

Bob Berg in his book titled Endless Referrals says that people do business with people they "know, like and trust". What about you? How do you make buying decisions?

Business decisions usually involve money – your own or someone else's. To justify the decision you will have to believe whatever is presented by the person making the offer. Certainly knowing, liking and trusting that person plays a big part. Some of us make decisions quickly. Others take time to make up their minds.

So what can you do to speed the process? Think about it. What makes you want to do business with someone? For me there are many answers. It could be continual exposure to the person or company. Sometimes it is seeing that the person has expertise through writings or presentations. At other times it may be a testimonial from a friend or person you respect. Often it is some combination of these.

Once you have met a prospect the next step is up to you. Use your creativity to come up with marketing tools and techniques that make you memorable and trusted. There may be methods that suit you and/or your business more than others. You also may notice some methods work better for you than others.

The point is that to find the group of marketing methods that work for you, you must stick with it. You want to meet lots of prospects. Not all of them will be interested in you or your product or service. The step after "meet lots of prospects" is to have them get to know you better so that eventually they do feel comfortable doing business with or hiring you. Too many business owners never get to that step.

Take Action

  1. Review the networking groups you attend. Go to a meeting with the intention of meeting one or two who will be good potential clients or referral sources for you.
  2. Find a new networking group to try. Make sure it is a good place to meet potential clients or referral sources. Go to a meeting.
  3. Read Endless Referrals by Bob Berg for more networking tips.
  4. Make a list of the marketing methods you enjoy. Think about your current prospects. Use some of these methods to close the business.


 

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