Randy Cantrell

Randy Cantrell is the founder of Bula Network, LLC - an executive leadership advisory company helping leaders leverage the power of others through peer advantage, online peer advisory groups. Interested in joining us? Visit ThePeerAdvantage.com

An Ideal Client: Service Professionals Who Serve Local Markets

service professionals are in high touch industries
service professionals are in high touch industries

Service professionals are among the highest touch business owners on the planet. They connect to one person at a time. They have transactions that are often face-to-face. They often deliver their services in person. Service pros tend to be people skillful in physical, in person communication. They also tend to be people with a very specialized, often high value knowledge.

Your dentist, doctor and CPA are all service professionals. So is your chiropractor, financial advisor, attorney or kitchen remodeler.

Service professionals are currently my ideal clients for a pilot program I’m launching. This isn’t an ongoing program. It’s a one-time offer exclusively for 6 people and it’s only for 3 months.

Why are service professionals my ideal clients for this?

1. They serve local markets.

Not every small business operates exclusively in a virtual or online world. Even though service professionals may primarily do business in a local market they may also do business online. Web technologies provide great utility for service professionals to communicate with their clients and prospects.

Attorneys are licensed to practice in specific states. Yes, a state is a local market. A local market is simply a geographic location that serves as a boundary for the service professional.

I’m in Texas. An attorney who is a member of the Texas State Bar is licensed to practice law in Texas. It’s an enormous state – a very big local market – but it does have a boundary. That makes it, by my definition, a local market.

2. They may have products, but we mostly rely on service professionals for their expertise.

A financial advisor may be commissioned by financial products providers to sell their products. Or, a financial advisor may be unencumbered by such a relationship and simply work on behalf of the client for a small fee.

A dentist may incorporate technologies or products that help patients improve their oral health. From teeth whitening to products used to fill cavities, the dentist likely incorporates products that others provide. As a patient, we don’t have the expertise in these things. We rely on our dentist to do the right things for us.

A funeral director walks us through one of the toughest times of our lives, arranging the final ceremony for a loved one. Do we purchase a casket or do we purchase cremation? Hard decisions only made easy if our loved one left behind what they wanted. And we rely on the funeral director to walk us through the maze of choices because we lack the expertise or experience in such things.

Service professionals have an extraordinary expertise that we often need. Many have endured years of formal education and training. Many are in industries that are regulated and formally organized with certifications and licensing. The barrier of entry into their professional is high.

3. They typically spend most of their time practicing their craft because they’ve spent years learning it.

Service professionals may lack the foundations necessary to operate a profitable business. The attorney has endured years of formal education, juggled student loans, done some summer internships and may have started his career as an associate with a mid to large sized firm. Some get the entrepreneurial itch and embark on starting their own practice. Unfortunately, they’re skillful at practicing the law, not building a business. It’s a hazard of the service professional.

Michael Gerber of E-Myth fame calls them “technicians.” They have the technical know how of their craft (law, dentistry, etc.), but they likely have no experience or training in marketing, management or operations. They’re far from stupid. In fact, they’re brilliant at many levels because they know what they’re doing in their respective industries. They simply lack the training to know the things vital to building a practice or business.

So, many of them fail. Or struggle.

Too many service professionals find out that when they build it, nobody comes! Others find out that cash flow doesn’t automatically flow…unless it’s OUT.

These are my ideal clients for this limited time project. I recorded a short video and wrote a longer than necessary amount of copy to explain every possible thing. Does this sound like YOU or somebody you know? Then I hope you’ll apply.

It’s limited to only six (6) people. I will personally contact everybody who applies.

Randy

An Ideal Client: Service Professionals Who Serve Local Markets Read More »

4 Things You Can Do When Things Go Wrong, As They Often Do

you feel like screaming
you feel like screaming

You want to scream.

Things have not gone well. In fact, they’ve gone very, very wrong.

You’re desperately trying to figure out so many things – all at the same time. You know it’s not how you should do it, but emotions are high and you’re not in control. Of anything. Including your thoughts.

“Why did I do that?”

“Where did I go wrong?”

“I”m so stupid.”

A head full of questions don’t seem to provide many answers.

Try these 4 things. Just try ’em.

1. Remember.

Think back to a previous failure that you endured. Didn’t it seem insurmountable? But here you are today. History has a way of putting things into perspective. Problems – in real time – seem larger than they may really be. Don’t blow your current problems up to be larger than they really are.

Gain confidence as you remember. You’ve been down and out before. You can get through this, too.

2. Inventory.

Look around at your resources. Your skills, your experience, your ability and anything else that might help you climb out of this pickle.

See these things in a new light. Maybe you’re missing the utility of some of your resources.

Have you ever seen those survival shows like Man vs. Wild? The first thing the person does is look around at what they’ve got to help them survive the situation. They get creative and repurpose all kinds of things. I once saw a guy remove the metal tray that held his truck battery so he could boil water in it. He cleaned it by rubbing dirt on it. He rinsed it off with water that was surely unsafe to drink. Then he built a fire and boiled small amounts of water in it to get rid of pathogens. What battery trays do you have in your life that you can use for something else?

Take a moment (or three) and be thankful for your inventory, no matter how large or small it might be.

3. Act.

First things first. Stop trying to do it all at once. Whatever went wrong won’t likely be fixed by jumping in a dozen different directions.

Get a plan and go to work.

What’s the first things you think you should do? Do that. To completion.

Taking another lesson from the survival shows – usually the first goal is to create safe shelter. They don’t start to build a shelter, then decide they’d better go hunting. If it’s shelter they need, first they build their shelter, then they go hunting.

Too frequently, we try to do everything simultaneously and end up failing to accomplish anything. Stay focused on the priority at hand.

4. Persist.

Persevere. Do not let anything stop you from moving forward.

Show the problem, your competitors or your naysayers that you won’t accept defeat. Be resilient.

You may have to alter your course, or strategy, but that’s just being smart. If one thing won’t work, try something else. Stay mentally engaged and be creative.

Go back to the earlier steps if you must, but never, ever quit.

Randy

4 Things You Can Do When Things Go Wrong, As They Often Do Read More »

Episode 169 – Talent May Be Overrated

Success takes more than talent
Success takes more than talent

The Role of Deliberate Practice in the Acquisition of Expert Performance by K. Anders Ericsson (and others) is an interesting study about how talent may not be the determining factor for success.

The title of the study tells you the answer.

Deliberate practice – focused practice – made a big difference in three categories of violin students. One group were those who went on to have solo careers. Another group went on to be part of an orchestra. The final group wound up as music teachers. The difference in what they did was drastic. Those at the top of that food chain – the soloists – worked much harder. But they also rested more. And they practiced in shorter, more intense spurts.

We’re always looking for keys, secrets and formulas. We want an easy answer. A simple explanation. And we often find them by blaming success on fate, luck, chance, serendipity, talent and a host of other things that may play a part, but it’s highly probable that, for most people, they play a minor role.

We’d be more successful if we were so lucky. It’s fun to think so.

And it’s lazy.

Fact is, most of us just don’t want to work that hard. Most of us just don’t prepare enough for success. The result? Most of us never experience the success we could.

Randy

Subscribe to the podcast

bula network podcast on itunesTo subscribe, please use the links below:

If you have a chance, please leave me an honest rating and review on iTunes by clicking Review on iTunes. It’ll help the show rank better in iTunes. Audiobook Nerds left me a 3 star negative review recently. He/She wasn’t happy with the episode they heard (they didn’t say which one, but you can read their review for yourself). I’m sorry about that, but I applaud anybody willing to take the time to leave their opinion.

Thank you!

Episode 169 – Talent May Be Overrated Read More »

Episode 168 – Stop Waiting For Permission To Share Your Story

Stop waiting for the starter's pistol to give you permission.
Stop waiting for the starter’s pistol to give you permission.

The runner waits for the starter’s pistol to fire before taking off. Otherwise, he’s disqualified.

You’re not a runner though. You’re a business person. There are no starter pistols in your life, except in your head. Seth Godin has been telling you for years that you no longer have to wait for permission. His admonition is, take permission!

He’s right.

Small business owners answer their phones. Well, the good ones do. When a customer or prospect calls, it’s like a starter’s pistol going off. The business then leaps into action. The problem is, the customer is holding the pistol, giving the business permission to begin doing what they do.

You can’t keep waiting to tell your story. You must get the word out without being obnoxious and self-serving. It can be done. Your customers and would-be customers are waiting to hear more. You’re used to waiting for them to ask you. Stop it. That’s no longer how the world works (if it ever did).

Today’s show is about the realities of how you should be running your small business. WARNING: It may involve a complete change of mind for you. The good news is that you can start today and it won’t cost you nearly as much as you think. If you don’t start, and follow through, it’ll cost you everything – your clients, customers and your business!

Randy

NOTE: Photo used with permission from Don McLaughlin. Find him on Flickr.

Podcast Options:
• Subscribe via the iTunes store
• Android, Blackberry & other listeners can listen on Stitcher Radio
• Right-click here to download this episode to your computer
• Click here to playback in a new window

Episode 168 – Stop Waiting For Permission To Share Your Story Read More »

Scroll to Top