Podcast

210 – 3 Keys To Create Big, Audacious, Hairy Goals (Why There’s Nothing Wrong With Using Pencils)

It’s time to take aim. No time like the present and all that. Wait a minute, it’s already February…far too late to plan for 2014, right? Not necessarily.

I’m a compulsive planner. It goes with writing things down. One jot here triggers another thought…there. Before you know it I’ve filled a notebook full of gibberish. Well, okay – it’s not all gibberish. Some of it might be worth keeping. No matter. I keep it all anyway. Somewhere.

Don’t mistake me as a person not given to action. Truth is, in spite of my willingness (and fondness) for planning – I’m ridiculously proactive. It’s a hazard of growing up in fast moving businesses I guess. Back in the 80’s remember telling a rather slow moving colleague that I could make three decisions for every one he made. My argument – made long before anybody had thought of the whole LEAN startup movement – was simple. By the time he made his first decision I was on my third, which meant I had course corrected twice already. That put me way ahead of the game. I’ve worked that way for as long as I can remember.

I chronicle. I make notes. I record things. It’s a lifelong habit. Yes, some of it appears to be gibberish…and maybe it is. But…

Some of it ends up in a plan. More like an idea with plan potential. Why I do it this way will become more clear as I go through my little 3 item list. Why a list? Because everybody tells me, “People love lists.” And I read blog posts where the authors talk about the most positive feedback they get are when they write short lists of things. Nuff said. Don’t have to hit me over the head with it. Done.

There’s nothing wrong with using pencils. Fact is, ink is usually found in 3 colors: black, blue and red. Pencils? Well, I can get a pack of many colors. Cheap. People think pens show commitment (I.E. do a crossword puzzle in pen and it shows you’re confident). No, it shows you might be arrogant and pompous. Nuts, even. Pencils represent creative planning. Pencils show you’re committed to adapt, adjust and hone your creativity. So I urge you to embrace the notion of pencil thinking. Be creative!

Here’s my list of 3 things that may (I reiterate the term, “may”) help you create your big audacious hairy goals for next year. I’m snarky, but I’m also serious about these things. Consider them carefully. Please.

1. Go bigger.

“Go big or go home!” I don’t know about you, but I like home. So, that’s not much of a battle cry for me. I will confess something to you though. When I was young, dreaming big – planning big – was easier. I suspect school and adults beat it out of me, or tried. That’s how the world works. We like people who are like us. Dream too big, we’ll beat you down until you’re just like us – thinking small.

Big, audacious and hairy are not terms for rinky-dink goals or plans. Those are terms that conjure up gigantic, awesome aims.

“Oh, but you’ll just be disappointed,” exclaims the realist. Maybe. Maybe not. But for now, I don’t care about that. I care about what goes on in your head. The reason I care about that is because I know that’s where reality starts. In your head.

Living in my head has always come easily. Make believe. Imagination. I don’t have to concentrate much to create even brief moments where I can transport myself in thoughts of what I’d like to make happen. Visualization is what most would call it. Sometimes it might border on hallucination, at least in the mind of critics. That never bothered me.

I used to think everybody did it – visualized (not hallucinated). In fact, I was convinced everybody did it. I don’t remember when it dawned on me that it might not be so common after all. I was grown. That much I remember. Books should have been a clue. There were plenty of books and chapters written on visualizing. I need lots of instruction about a lot of things, but not this. Where was I?

Oh, yeah – thinking big. Aiming high.

It helps if you can see it in your mind. I’m not sure it’s even possible to think bigger if you can’t see the end first. Is it? I wouldn’t know how.

Here’s what I know to be true – we can all benefit from thinking bigger. Consider reaching higher. Consider achieving more. Consider being better. Forget those phrases meant to convince us that the difference between success and failure is razor thin. You know the ones. “Fractionally better.” “Marginally improved.”

Now, go thinking I don’t understand and appreciate the fact that we can be incrementally better and make a BIG difference in the results. I do believe that. In fact, I know it. But when it comes to thinking bigger, aiming higher and trying to be remarkable I don’t think we’re served by hanging on to the notion that if we’ll just be 2% better, then our success is assured. It’s a fool’s gold.

Be bold. Don’t hold back. Unleash the beast between your ears and dream big. Then plan even bigger!

I’m always working on a plan. A business idea. In fact, I’ve got one goal or plan that has been in the works for over 2 years. To be fair, it’s been in the pondering stage for about 2 years. It started out in the dream stage for about six months. It’s been in the more serious planning stage for about 90 days. It’s big. Seven figures big to start. Eight figures big to maturity. And I don’t expect maturity to take a decade. It may, but that’s not my vision.

Here’s my most compelling argument for thinking bigger. I don’t know of a single benefit of thinking smaller. Unless of course you consider smaller results, smaller accomplishments and smaller achievements being a benefit.

2. Be vivid.

Your mind, it’s your biggest tool. Your most powerful weapon. That visualization is important. What’s more – you need to make it as detailed as possible. Every little nuance is important.

Give it lots of time. I don’t mean that you take your sweet time coming up with thoughts. I mean, you give yourself to dwelling on your big goal. Think of it often. Camp out on the idea. Roll it over. Keep rolling it over. Go to bed thinking about it. Wake up in the morning thinking about it.

Imagine the finest details. Embrace them.

Part of being vivid is devoting sufficient time to the mental exercise of seeing the reality of the idea. The longer you hold onto the idea, the more powerful it can become. And the more clarity you’ll experience.

By the way, it’s perfectly fine to adjust the idea. That’s part of the benefit of being vivid. Refine it as you go. Think of it as writing your own story. The characters grow as you write the idea in your mind. They mature. They become more fully developed. So too does the action they take. Enjoy working through all these creative elements.

3. Act. React. Adjust.

Bold ideas require bold action. They even deserve it. Why have a bold idea if you’re not willing to put it out there?

All that thinking should spur you to take action, but not just any action. You have to take action that is congruent with your idea. You’ll likely have thoughts about who and what. Don’t shy away from either. Pursue. Vigorously pursue. Pursue people who can help. Pursue actions that can make the dream come to life. What you do will make the difference in a dream being imaginary or real. Do nothing = imagination is all you’ll have. Do something meaningful, repeatedly = that imagine you first created in your mind becomes reality.

Be ridiculously happy if your images all come to pass. More likely, you’ll find you have to make a few adjustments. For instance, I’ve had things like pricing all worked out in my mind. All of a sudden, I’ve been forced to realize – I was way off. Sometimes way too low. No problem. Adjust. Adapt your vision to the new realities facing you – and your dream.

Keep doing it. Push. Pursue. Adjust. Adapt. Keep working it out in your mind, but keep taking actions. Even small actions can progress you forward. But never avoid taking big steps, or reaching out to big people who can help.

Bonus tip: Don’t fall in love with one single bold idea. If you do you might become paralyzed from thinking of new ones. Form the habit of thinking of big, bold ideas and goals. The more ideas you create, the more easily you’ll create even bigger ones. Sounds ridiculously obvious, but it escapes many people. Don’t be shocked if one big bold idea doesn’t work out. You don’t want to be a one and done kind of a person. Keep creating more big, audacious and hairy goals. In idea creation, more is better!

Ready, aim, fire. Or, as Mr. Masterson of Agora and ETR fame is fond of saying, “Ready, Fire, Aim.” By the way, it’s a good book, too.

I’ll leave you with one of my favorite quotes from William Hutchinson Murray, but often attributed to Germany’s answer to Shakespeare, Goethe (nope, he didn’t write it)…

Until one is committed, there is hesitancy, the chance to draw back. Concerning all acts of initiative (and creation), there is one elementary truth, the ignorance of which kills countless ideas and splendid plans: that the moment one definitely commits oneself, then Providence moves too. All sorts of things occur to help one that would never otherwise have occurred. A whole stream of events issues from the decision, raising in one’s favor all manner of unforeseen incidents and meetings and material assistance, which no man could have dreamed would have come his way. Whatever you can do, or dream you can do, begin it. Boldness has genius, power, and magic in it. Begin it now.”

Now, go to it.

Randy

P.S. Did it ever dawn on you that bigger targets are easier to hit?

210 – 3 Keys To Create Big, Audacious, Hairy Goals (Why There’s Nothing Wrong With Using Pencils) Read More »

209 – 5 Steps To Fix Your Business Problems

209 - 5 Ways To Get Freedom From Your Own Business (Help, I've started a business and now I've got a job!)
Help, I’ve started a business and I’ve got problems.

For many, it’s the American Dream to start your own business. Okay, if you’re in Europe, Asia, Australia or other countries besides the USA, maybe it’s your dream, too.

Sadly, for too many the dream turns into a nightmare from which there seems no escape. The HELP WANTED sign may not indicate the need for an employee, but rather the need to break free.

Carol Roth and a few others have written about the need for people to think soberly about what they want before embarking on a chase that may not ideally suit them. I agree with Ms. Roth that entrepreneurship isn’t always the best dream for everybody. The failure rate continues to be extremely high. According to Statistic Brain the rate of failure among startups increases over time. You’d think over time a business owner would become more accomplished and break through to that wild, crazy success we all hear about and dream of.

Yes, it can happen. But are the odds favorable? No, they’re not. And of course, I am speaking in general terms. Every industry is different. Markets are different. Timing and skill play major roles, too. With all those moving parts, success is far from guaranteed.

It’s ironic that many people start their own business because they don’t want to work for somebody else. Unfortunately, they wind up working for far more people than they’ve ever worked for before. Maybe now they work for the credit card company where they’ve racked up lots of debt, and the friends or family members who have loaned them money, or a bank. And then there are the customers who demand more and more. Maybe they’ve got partners who also have expectations and demands. The list keeps growing and over time they realize that life on the J.O.B. with one boss was far simpler.

Others, hoping to craft work that more rewarding than their old job, find their checking account dwindling, savings exhausted and income dropping lower and lower. Trapped, they despair about what to do.

What can you do if your business isn’t what you dreamed? What can you do to fix your own small business? No, I’m not going to start by telling you to shut it down. That’s an option and I’d be remiss if I didn’t mention it, but that’s one of the 5 things I want to talk about today. And I’m not going to tell you it’s cowardly to quit. It’s a viable option that every frustrated business owner must carefully consider, but our goal today is to help you find solutions to fix your business.

5 Steps To Fix Your Business Problems

 1. Triage yourself and the business.

I’m not talking about going back to exam why you started your business or any other mumbo jumbo touchy-feely thing. No, that ship sailed. Now it’s time to take a hard look at what’s wrong.

Where is the pain? What’s the source of the suffering?

Is it not enough revenue? Or profits?

Is it no life outside the business?

Is it delivery to customers or the execution of whatever service/products you provide?

Think about the trifecta of business building that serves as my focus here at Bula Network: a) getting new customers, b) serving existing customers better and c) not going crazy in the process. In my experience of triaging businesses, I often find 2 of these are in play when the owner’s misery factor is sky high. What about you?

You can’t fix what ails you until you first properly diagnose the problem. And don’t get ahead of yourself. I’ve seen people try to fix problems that weren’t really the problem. This is not the time for knee-jerk reactions. Come to think of it…is there ever a good time for the knee-jerk reaction (except when the doctor is testing your reflexes)?

Give this some sober and serious thought. Bring your team together, if you’ve got one. If you don’t, bring together the people who help you in your business. Collaborate on the problems as you see them. Do others see what you see? Feel what you feel? Is this problem just specific to you? It may be IF it deals mostly with the fact that you never see your family.

Focus on THE problem. Don’t scatter shoot and list 12 problems. Think about THE PROBLEM. Narrow it down to the one thing that is causing the most pain.

If you go the ER with life threatening injuries, the doctors aren’t going to worry too much about your headache. First, they have to save your life. They’ll worry about the lesser problems later. You have to do the same thing when you triage your business problems.

Part of triage is determining the severity of the problem. Is it life-threatening or mildly aggravating? Just because it’s not life-threatening doesn’t mean it’s not urgent or important, but it does mean you can likely take a bit more time to examine it. You’ve got to have a clear understanding of the nature of the problem before you can ever hope to find a remedy.

2. Find the root of the problem.

Now that you’ve identified the problem, you have to get to the source. When the ER patient is bleeding profusely, the doctors know the problem is excessive bleeding. Well, that’s not enough information to fix the problem. It’s great to have identified the problem, but that won’t fix it. You’ve got to find out why this is happening. What’s really going on here?

Depending on the nature of the problem this can be quickly identified or it can be tough as nails. Our ER patient may have suffered a stabbing. Pretty obvious problem. But what if the bleeding is internal? No outward signs of injury. Much tougher. It’s gonna take some time to find the problem if the bleeding is internal.

So it is with your business woes. Maybe it’s something very obvious like a lack of sales (i.e. bleeding), but why? That may not be so obvious. Is it pricing? Is it your offer? Is your quality or lack of quality? Is it marketing? Is it your positioning? Why aren’t people buying? You’ll have to spend hours and days mulling over that one. There’s no time like the present. Start mulling.

Maybe it’s something else, equally obvious. You’re working 100 hours a week and your family is a mess. Why are you working 100 hours? This problem is far more common than you may think. And the reasons vary wildly. I’ve encountered business people who declared how miserable they were working 100 hours a week, but on closer examination they’re facing the reality that they do it because they want to. Yes, they’re miserable, but in some cases, they’re more miserable at home. They’ve conned themselves into thinking the business is wrecking their family, but they’re just using the business as an excuse. They’re wrecking their family because they’re more in love with their business than their family.

You’ve got to see the real problem and not just the perceived problem. This is why you likely need help to identify the real problem. Seek the wise counsel of people familiar with the situation. Listen. Really listen. Think about it. You can’t fix it until you get to the source so this step can’t allow any shortcuts. Dig until you find the real reason you feel trapped.

3. Act now, but consider multiple remedies before deciding on the best long-term fix.

If a person is bleeding we use any method possible to stop the bleeding. Pressure. That’s the main goal early on. Apply pressure and stop the bleeding.

It’s life saving, but it’s not a remedy. It’s just an urgent act necessary in the moment. It buys time so a more permanent fix can be performed.

That’s how you’ve got to view your business problem. In step 1 (triage) you’ve determined if your problem is life threatening to you or your enterprise.

Cash flow is a frequent problem I encounter. Few things are as urgent as a lack of cash flow. Your business needs cash. Every business does. When it runs out, or runs low, panic can overrun you. A short-term fix might be to sell some things to create some quick cash. That’s immediate pressure on the wound, but it won’t fix the problem for long.

What must be done right now so you can buy some time? Focus first on that. Then, as quickly as you must, exam the various fixes you might perform. Almost every solution has an upside and a downside. Again, I’m going to encourage you to avoid going it alone. Seek the input of others. Yes, you’re the leader so the final decision is in your lap, but don’t be stupid thinking you alone have to solve this. Weigh your choices before settling on the one you think is best. And that means you need to pick one and commit to it. Whole-heartedly.

4. If it’s not working, change it. If it is working, keep doing it.

Pay attention to the symptoms. Look for improvement. Also be watchful for a lack of improvement. You’re the doctor and the health of your business is your responsibility. Don’t take your eye off the patient.

Just because you’ve gone all in on the best long-term fix doesn’t mean you have to remain all in if new information changes your mind. For instance, a business suffering a cash crunch quickly sells off some excessive inventory at a reduced margin. They’ve bought themselves a month or two. Great. Now they huddle about how to avoid getting into this pickle again. Three suggestions are on the table and the owner selects the one he thinks is best. Two weeks in, it’s clear that this strategy isn’t going to work. It’s time to abandon that strategy (or change it). He can’t be reluctant to alter the course when the strategy appears to be failing.

Don’t fall in love with a single solution. Be willing to change based on the outcome. You need a good outcome. You need to find a remedy. It’s either working or it’s not working. Or maybe it’s not working well enough. Then be fearless to try something else. Remember, you’re looking for the best long-term fix possible. That may require a few changes in medication. Do it.

If it works well, then keep doing it. Keep putting the fix on trial for its life.

5. Change the behavior (actions) that caused the problem.

That stabbing victim that came in the ER is a gang member. He’s living a high risk life. He’s gonna get stabbed again if he doesn’t make some big changes in his life. It’s just a matter of time.

Your business is no different. The problem that trapped you can be fixed, but that doesn’t mean it’ll stay fixed. If the crisis is averted, great — but your work is not done.

Maybe your life has gone to you-know-where-in-a-hand-basket. You endured the crisis and managed to get some “balance” back into your life. Unless you have made some lifestyle changes that problem is sure to creep in again. Don’t assume your work is over simply because the crisis is over.

A bad sales process can create poor sales, resulting in poor cash flow, low revenues and low profits. In a moment of crisis, a few big sales might be generated out of sheer willpower and determination, leaving the poor sales process in place. But, with the crisis ended the company can resume business as usual. In time, they’ll be right back where they started…and what if they can’t make a few big sales this time?

The remedy needs to be a longer term fix, but now you’ve got take the time to investigate what went wrong so you can get busy making the bigger changes necessary to provide growth and efficiency for your business (and your life).

Do you need somebody to give you an outside perspective and candid feedback? Email me: Results [at] BulaNetwork [dot] com

Randy

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208 – 5 Benefits Of Content Marketing For Clients Of Service Professionals

Be-Everywhere
You Just Have To Be Where Your Prospects Are

It’s not about being everywhere. It’s about being where your prospects and clients are. It’s about attracting paying clients you can dazzle!

“I don’t have time to blog,” he tells me. “Do you have time to answer your phones?” I ask. “Of course I do,” he replied with extreme indignation.

“How would you characterize most of your phone calls?” I inquired. “What do you mean?” he asked. “Are most of the calls from people trying to sell you something? Are they from existing clients who need to talk with you? Are they from prospective clients who have questions?”

“I’d say many of them are from existing clients who have questions about their case, but quite a few are inquiries asking us about our services,” he replied.

“Are you ever asked the same question over and over again?” I wanted to know. I knew the answer, but I wanted him to hear himself say it. “Of course, all the time!”

“And naturally, you take the time to answer that question every single time, don’t you?”

“Yes, obviously.”

“Then why don’t you sit down one time and create the very best answer to that question and answer for anybody who may ask it? Get out front with answering it because you know it’s coming anyway. Don’t wait until somebody asks. Wouldn’t it be more efficient to answer it one time and make that answer available to anybody online than to answer it individually every single time?”

Pause. More pausing.

He looked from side to side. Then he glanced up at the ceiling. Looking for a good answer I suppose.

And suddenly there it was. The real problem. His constraint and challenge.

He just didn’t know how to do it.

Taking my own advice, I spoke first. “I know you don’t know how to do this. That’s why I’m here. That’s what I’m here to help you with. Mainly, I want you to understand that I know you’re busy. I know you need one more thing on your to-do-list like you need a kick to the teeth. I’m not here to lay more work on you, but I am here to give you a workflow and process* that can help you grow your practice. I want you to be able to serve more people and then to serve all your clients better. And none of that matters if you go crazy in the process. This is about sanity as you build your practice.”

* If you want to know my take on the power of “the process” – visit my other podcast LeaningTowardWisdom.com where I talked about it here and here.

His shoulders relaxed. His eyes widened. I could tell he was beginning to believe. Just beginning, mind you, but it was a start. Realizing that he might – MIGHT – be able to incorporate some new marketing strategies into his practice.

Service professionals have a lot of things other than time. They have significant overhead. They have a business model that is tough to scale. They have high touch clients. Many of them begin their careers with student loan debt. The one thing many of them lack is TIME. Well, there’s another thing many of them lack, too – enough clients.

Convincing them to take on another task is like asking them to miraculously create a few more hours a week. Impossible. Or so they think.

Honestly, service professionals are just like you and me. They know what they know. But they don’t know what they don’t know. And it can be tough to admit not knowing something when you’re a service professional who is an expert in some field of law, or medicine, or architecture, or finances. You’re hired to be the person who knows, but here’s an area where you feel somewhat lost – except you don’t want anybody to know. The result? You just keep doing what you know to do, which tends to be what you’ve always done. Even if what you’ve always done isn’t working so well. It’s comfortable.

What Should I Do?

That’s almost always question one…after an exchange like the one I recounted. Some have told me I’m an idiot for trying to help this crowd – the service professionals – because they claim it’s not a hungry market. “They don’t know they need help,” one friend told me. “You’re always talking about not wanting to push water up a hill (my description of trying to help people who don’t want help or don’t know they need help), but isn’t that what you’re doing?”

I’ll talk more about that in an upcoming episode about business building and marketing, but for now – I’m convinced this crowd, SERVICE PROFESSIONALS, need help and I’m driven to provide it. So there!

“What should I do?” is a valid question, but it doesn’t provide a framework to give enough detail that a service pro can use. For instance, to simply answer, “You should blog” is an injustice to blogging and the service pro.

Answering WHAT is like framing up a house. It’s necessary, but it’s just the start after you’ve put down the foundation. There’s lots of work before and after the framing. So it is with any answer to the question, “What should I do?”

How Should I Do It?

Frequently this is the next question. Again, it seems logical. Once we know what, then we naturally want to know how.

I don’t avoid these questions, but I’m pretty quick to tap the brakes because first and foremost I’m a business builder. Yes, I love being creative. I enjoy all the “soft” aspects of business and I’m equally fond of those hard “let’s measure it” aspects. However, one overriding question trumps all the other issues for me because it’s the one question every successful business builder must deal with first.

Why Should I Do It? I’ll Give You 5 Reasons.

All of these are purposefully framed from the prospects point-of-view, not yours. This is about your clients, not you. It’s about service and building a more profitable and successful practice (or business).

1. Your prospects and customers get a better experience.

Every service professional (just like every business owner I’ve ever encountered) confesses to answering many of the same questions every week. Sometimes daily.

Think of the number 1 question you get asked by prospective clients. How many times in a month do you answer that question? Now, take that number and multiply it by the number of minutes it takes to answer that one question. That’s how many minutes every month you spend answering the same question. And we’re just focused on one question, your top one.

If prospects ask you the same question 10 times a week, that’s 40 times a month. Assuming it takes you 10 minutes to properly answer the question, that’s 40 (times per month) multiplied by 10 (minutes each time). That’s 400 minutes, which is over 6.5 hours a month. One question. Answered 40 times a month.

Now, figure out the second most asked question. Do the same thing. Let’s assume it’s only asked 25 times a month and it takes half the time to answer (5 minutes). There goes another 2 plus hours a month.

Two questions and we’re up to almost 10 hours a month. Here’s where I get “real world” on clients. No, you may not be able to fully escape answering questions individually for people, but do you suppose you could cut it in half? If so, you’ve gained 5 hours a month. Could you shave 25% off the time spent privately, individually answering these two most often asked questions? Then you’re still saving about 2.5 hours a month.

But we’re not saving that time in one month. We’re saving that much time month, after month, after month. And the more questions (and answers) we can scale, the more time we’re saving. That’s time you can spend any way you want. You can spend more time serving clients better. That means you may be able to elevate your fees because you can provide greater service. You can invest that saved time any way you want.

It’s nice to have choices! When you scale your time by incorporating content marketing strategies into your business building, you can decide how to spend the time you save.

But that’s a benefit for YOU and we’re focused on the benefits to your prospects and clients. We spend hours in search engines because we want answers. We go to YouTube if we want video answers. We look for blogs if we want text-based answers. Maybe we visit Stitcher or Apple iTunes if we want audio or video podcasts to give us the information. As a content creator – an educator in your space – you can give your prospects a better experience by providing content suitable to their tastes.

You can also go into more depth maybe. Or you can provide an abbreviated answer if they don’t want the details you may normally provide (because you give everybody the same in-person experience). Why not give them the experience they want? If they want details, give it to them. If they want a brief outline, give them that. Your prospects want what they want and they want it the way they want it. By using content marketing you can construct the content to ideally suit a wide variety of people, making yourself more visible to more people.

2. Your prospects can get better answers.

You are attending a professional conference. It’s a small affair of about 100 people. The presenter scheduled for the first session after lunch has fallen ill. The organizers approach you, asking you to fill in. They know it’s a last minute request, but the topic is in your wheelhouse and you’ve only got to fill a 45-minute time slot. It’s a terrific opportunity for you and it helps the organizers escape a pickle. You agree to do it.

Question: Will your presentation be better than if you had known weeks prior that you’d be scheduled to present?

Very few people can deliver a superior presentation on the fly versus a presentation that has been carefully prepared and rehearsed. Good speakers and presenters know the power of the edit. They work on their speech or presentation and hone it until they have it just right. When you’re going on the fly, there’s no opportunity to craft a better speech or presentation. You’re live and done.

But there’s another phenomenon that salespeople and service professionals (and every other business person) suffer – falling into a rut. Saying the same things in the same way. Every. Single. Time.

Go back to those top 2 questions asked by your prospects. I’m betting you have a rote answer that drips from your lips without much thought. You’ve answered it so many times your brain (and mouth) go into auto-pilot. You don’t even pay much attention to the result of your answer. Is it the most effective answer? Does it fully engage the prospect? You may not know or care at the time. You just want to answer the question. It’s not that you’re insensitive or uncaring. You just turn into Pavlov’s dog. They ask the question and you hear a bell. Then, off you go answering the question just like you have thousands of other times.

Stop. Think about what you’re saying. Think about the answer. Can your auto-pilot impromptu answer be improved? I imagine it can be GREATLY improved. You know it’s true. Now’s the time to craft a better answer. Prepare. Edit. Hone it. You can put it in a format to help your prospects learn a better answer than the one you’ve been giving live on the fly for years.

3. Your prospects get answers when they want them and more conveniently.

The other evening my son called me. He wanted to know if had any experience with Apple’s iCloud, especially as it relates to iTunes. I told him I didn’t, but I quickly got online and told him to visit the Apple website where he could access their support pages. Like most companies, Apple has a knowledge base where visitors can find answers to their questions. It was about 9pm when my son and I were talking.

What about your clients? I imagine you’re not answering your office phone to answer questions at 9pm. Am I right?

So your prospect has a question. It’s 9pm. They go to your website. Can they find the answer or do they have to wait until your office opens?

What if they can find somebody else who will answer their question right now? Do you think you risk losing them? You bet you do!

4. Your prospects can share the answers.

Gastroenterologists are doctors who deal in digestive problems and that sort of thing.. There are about 15,000 in America. How many patients do you suppose hear the exact same explanation of a procedure or a diagnosis? TONS. Now, how many of those patients do you suppose are asked by family and friends to recount what the doctor said? All of them. I guarantee 100% of them repeat what the doctor told them — to somebody!

Think about it. 15,000 doctors with dozens or hundreds of patients each, repeating the same diagnosis and explaining it (and answering more questions about it) — only to have those patients try to repeat it to others. The phrase “lost in translation” comes to mind.

What if these doctors recorded a detailed explanation of a procedure – one they could share with their patients? Online? They could go into more detail, giving patients the opportunity to not only learn more about the procedure, but to share it with their family. And you thought social media was just Facebook, Twitter and Pinterest. Social media is sharing. It’s interacting. It’s what you do every day with your prospects and clients. Now you can do it 24/7/365 even when you’re on vacation or closed.

5. Your prospects can decide if they like you and are willing trust you before they ever meet you.

In sales, we call it pre-qualifying. That just means we can narrow down prospects to find out who is most serious about buying from us. You’ve likely done it before when you applied for a loan. You complete a form and that information is used to pre-qualify you — that is, to find out if you’re suitable or not. Well, our prospects can use online resources, if we provide them, to decide if they like us, trust us and want to pursue doing business with us.

This gives the service professional a number of advantages, but let’s focus on the prospects first. They don’t have to call and make an appointment to get some sense of who or what you are. In the comfort of their own home or office they can check you out. Maybe they can read some articles (or blog posts). Maybe they can watch some videos, or listen to some podcast episodes. Some of them may immediately think, “I don’t like her at all.” Others may think, “She’s very, very good.”

They save tons of time and hassle. As they scour your website getting to know you, they make some decisions. They don’t have to book an appointment, get dressed, drive down to your office, then spend time waiting…until they meet with you.

This rubs both ways. You don’t have to do any of that either. How cool would it be to have a person book an appointment and they tell your receptionist, “I watched a couple of his videos last night and I really liked how he explained things. I’m interested in having him help me.” By the time this person walks in, they’re pre-sold and you’ve never met them before, but they feel as though they’ve met you.

Do you realize what this means? Think about it. Depending on the realm of your work, the sales cycle can be compressed. This may not apply so much to medical professionals, but I can tell you it can apply to legal and financial service professionals who are used to multiple meetings before finalizing a commitment. If a financial advisor has to meet with somebody three times before they land a client, they’ve just been able to shorten it by one if the prospect has booked their first meeting because they liked what they found online.

Conclusion

There are many more reasons and benefits, but these are sufficient to prove the point. You’ve got to make the time and take the effort to do this. I know you’re tempted to think that your competence and expertise should suffice to attract people. As Dr. Phil says,

How’s that workin’ out for you?”

Your practice success is gauged by how many people you can serve and help. Namely, by how many clients can you land and dazzle! World-class professional service providers – attorneys, financial advisors, accountants, health professionals, architects, etc. – have extraordinary client bases. Annually, you invest money and time in maintaining (and improving) your professional competence. I’m merely suggesting that you do the same to improve your visibility so you can serve more clients!

Randy

 

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207 – Free Form Friday, January 31, 2014

all dirt, no shoes
Dirt floors, no shoes, but still smiling. How ’bout YOU?

Today is the last Friday of January. I’m thinking of doing this bit of riffing on the last Friday of each month.

I call it “free form” because I’m just going from some bullet-point notes based on a few thoughts from this first month of a new year. Here are a few hi-lights:

– This is how I podcast – episode 205
Mighty Planes: Trump 757 on the Smithsonian Channel
60 Minutes Sports
– Leaning Toward Wisdom, episode 4010
How I Lost $50,900, But Kept My Wife
1 Corinthians chapter 13
– Deficit-based thinking vs. Asset-based thinking
(part 1 | part 2)
– Ernest T. Bass needs a uniform
– Who would you call at 2AM if you needed fast help?
– Who would call you at 2AM because they know they can count on you?
Ernest T. Bass learns some manners, or tries to

Email me: Results [at] BulaNetwork [dot] com

Thanks for listening. Have a great weekend!

Randy

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206 – 5 Tips For Service Professionals To Attract More Clients Using Content Marketing (Part 2)

206 – Visibility For Service Professionals Through Educational Content Marketing (Part 2: Hope Marketing)
Snooki makes more money than you

Teachers don’t earn nearly as much as entertainers. Here in Texas, the average teacher earns $48,638 a year. Snooki, the reality TV star of MTV’s Jersey Shore earns $150,000 an episode. According to some reports, she’s worth $4 million. The first season she earned about $2000 an episode. The next season it jumped to $30,000 an episode. The last season it was $150,000 per episode. Are you a teacher? When’s the last time you got a jump in pay that large?

It may not be fair, but people will pay big money to be entertained. They’ll also gripe about the taxes they pay to send their kids to school. Deal with it. It’s how the world works. Best to face it and play by the rules ’cause you don’t have the power to change them.

You can educate and earn nothing or you can entertain and earn big money. Nobody said entertainment has to be futile or frivolous any more than anybody said education must be boring. It’s time to combine the two into edutainment.

Let’s talk about not being boring. Here are just a few guidelines to help you.

1. Lose the industry speak. Nobody cares about your industries buzzwords…unless of course you’re speaking exclusively to your industry. Most service professionals I know are trying to reach prospects who have no clue about the “inside baseball” vocabulary of the industry. An exception I mention in the show is Dr. Lamar who produced Spinal Column Radio, a podcast aimed at the chiropractic field.

2. Define terms people may not know. Some industries love acronyms (e.g. Scuba: self-contained underwater breathing apparatus). Others, like the field of education, love abbreviations. They’ve got abbreviations for all sorts of funky things and they toss them around like all the rest of us have a clue. Never assume people know the terms unless they’re part of common culture or society, e.g. USA.

206 – Visibility For Service Professionals Through Educational Content Marketing (Part 2: Hope Marketing)
Do your prospects look like this?

3. Don’t just recite facts. Apply the facts using story. You likely had a history teacher who spit out dates and facts. He probably tested you on those, too. So you rigorously (if you were a diligent student) memorized the things necessary to earn a good grade on the test. Then, promptly purged your memory banks of the drivel. If you were very lucky, at some point you had a history teacher who told stories. The dates and facts were just part of the story. Sometimes, a much less significant part of the story, but because they were part of the story you could remember them.

Be the storytelling history teacher for your industry, not the fact/date reciter!

4. Don’t be afraid to show your personality, if you’ve got one. If you don’t have one, get one.

Attorneys, financial advisors, medical professionals and other service professionals tend to be “hyper pro’s.” That is, they’ve got an image they’re intent on portraying. Maybe the financial advisor always wears french cuffs and fancy cuff links. He wouldn’t be caught dead otherwise. He’s a hyper pro. Appearances matter. He’s convinced that he’s got to look like a million bucks. Maybe he does. But it translates into his style and communication. His hyper professionalism has convinced him he also has to sound like the smartest man in every room he enters. Being understood is not the objective for him. Being thought smart is.

It won’t work in content marketing. I don’t think it’s the best course to take for building a practice, but let’s stay focused on content marketing and educating our prospects so we can earn their business. “Man, he’s smart. I didn’t understand a thing he said,” isn’t likely to attract quality business or quality clients. Probably because of my knowledge of a prior generation, I know salespeople and marketing people who seriously believe that an uninformed buyer is the best kind of buyer. I’m not talking about con men or dishonest men. I’m talking about honest marketers who happen to subscribe to a warped view based on their own training and viewpoint. Clients or prospects, in their opinion, are best kept like mushrooms. In the dark.

Don’t be like that. For starters, it’s wrong-headed. I don’t think it was ever a wise strategy, but it can kill you in today’s web-based world.

You likely don’t remember a time when you couldn’t go online and find out the actual invoice cost of a car. The auto industry wasn’t real pleased when Edmund’s and other publications began to publish the actual invoice costs of automobiles. They felt that a dumb buyer was a more profitable buyer. No wonder people hated – many still do – the car buying experience. It just seemed sleazy. For the most part, I still find it sleazy. Maybe you do, too. The poor industry never learned there was a better way. That leads to the final tip.

5. Show people. I love storytelling, but one component is often left out by service professionals. It’s among the most important lessons I ever learned in training or coaching people. Show me.

I’ve coached all ages of kids in hockey, including college guys. I used to coach little kids…6-year olds. Draw on a whiteboard some drill you’d like them to perform and ask them, “Do you guys understand?” and they’ll all act like they understand. But they don’t have a clue. Demonstrate the drill and they’ll now see it in real life. Then ask, “Do you understand now?” and they may. They may not. It’s the third step that is critical – in both business and sports. “Show me.” As they begin to attempt the drill you quickly see where they don’t understand and you can fix it. In real time.

Telling people a story to educate them and to persuade them is a wonderful strategy, but not if they can’t really see it. Show them. You can show them in words and deeper stories, but don’t assume they’ll see what you hope they’ll see. Show them what you want them to see. Help them feel what you want them to feel. Give them visceral stuff they can hang onto long after they’ve left your content.

Give them something to remember and something to talk about.

Randy

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205 – This Is How I Podcast (Inside The Yellow Studio Circa 2014)

Zoom_H6
Another piece of gear Inside The Yellow Studio

Welcome to Episode 205, an inside look to the audio engine here in the Land of Bula. That Zoom H6 (pictured above) is the latest addition to the studio. It’s an incredible piece of equipment, capable of more than a single digital recorder ought to be capable of. Thanks to Patrick (my rep) at Sweetwater Sound, I got it about a month ago.

The unit comes with this hard shell case (notice the nice hinge system – it ain’t flimsy), a windscreen, a USB cable, two microphone interfaces and a small capacity SD card. I wish it had come with an AC power adaptor (an additional $24 or so by itself, or an additional $55 or so if you get it along with a bunch of other unnecessary accessories).

This unit will serve as a multi-channel digital recorder, but it also serves as a USB interface. It has 4 XLR/TRS hybrid inputs, each with its own individual pots. I’ve yet to record with it (other than a short test recording). The full color display is angled (as you can probably see by the photo) making it easy to see. It’s a solidly built unit with a rubberized outer surface.

The reason I was looking for a new unit was because my Roland R-09HR is growing increasingly unreliable due to lots of use. It’s been a great unit, but I was also looking for a unit with XLR/TRS inputs…and a unit capable of providing phantom power for my Rode NTG-2 (which can also be powered by AA batteries).

But let’s go back a bit, shall we?

Episode 76 was the first go round of giving folks a peek inside The Yellow Studio. Numerically, that was 130 episodes, but there are many unnumbered episodes. And there are other podcasts that have come out of The Yellow Studio.

I confess that not much has changed over the years, but I also know how geeky we podcasters can be. I love to see studios. And find out what gear people are using, and how they’re using it.

I know you’d like some logical approach to knowing more about The Yellow Studio. For starters, let’s talk about the name. Just look at the photo gallery and you’ll see the color of the walls. People often ask, “Why yellow?” Why not?

Truth is, I love yellow, orange, red and hunter green. Those are among my favorite colors. I don’t have just one.

Randys_Truck
A 15-year-old version of me and the pickup

When I was 15 – yes, people, when I was young, living in Louisiana…you could get your driver’s license at 15 – I had a 1954 GMC pickup truck. It was an old truck some farmer had abandoned in a field.

My maternal grandfather bought it for $150 and got it running, then paid somebody a little bit to recover the seat in new vinyl. It was a “3-on-the-tree” transmission and I drove it back from Oklahoma, where my grandparents lived, all the way back to Louisiana.

No air conditioning. No radio. Bare bones classic truck in faded hunter green.

I loved it. So much that when I got it home a buddy and I painted it hunter green with orange fender flares. With a brush! And it looked good. Of course, it looked better if you were standing a few feet away. 😉

During high school I had great fun with that truck. My first “real” car was a Pontiac Lemans. It was “Sundance Orange” – that’s what GM called it. So orange was always a big player for me. So, why not The Orange Studio?

I never considered walls being orange. Frankly, it just seemed too dark and I wanted something lighter. I had a moment of clarity when the TV show HOUSE aired. His boss, Cuddy, had yellow walls in her office. Mustard yellow. The exact shade I knew I wanted when I first “built” the Yellow Studio. Of course, it wasn’t so named at the time.

Cuddy's Office
Cuddy’s office walls inspired The Yellow Studio

The moment I saw Cuddy’s office I told my wife, “That’s the color I want to paint the walls.” She and Dena, a close friend, painted it after finding the right shade of yellow. So that’s how the name came to be.

What else about the physical space?

– It’s a room about 13′ x 14.5′.

– There’s an adjoining bathroom.

– It has a small closet, filled with too many cables and other audio paraphernalia.

– It has 2 large windows with wooden slat shutters on the inside.

– It has an overhead florescent light, which rarely gets turned on.

– There are 4 full height bookcases behind my desk (out of seen most of the time) filled with books.

– There are 3 other 5′ high bookcases in the studio, also filled with books.

– There is one 4′ high bookcase filled with books, and a Polk Audio HD clock radio, plus a 3 monkeys lamp (hear no evil, see no evil, speak no evil).

– There is a CD carousel in the corner that houses 2000 CD’s with more stashed here and there.

– There’s one 2-drawer lowboy filing cabinet (lateral files or regular – it can configured either way).

– There’s 3 chairs that can sit around the “broadcast table” which is actually a conference table.

– The floor is carpeted with a light green low plush carpet.

– The ceiling has popcorn texture circa 1980’s (yeah, I hate it but it’s a royal pain and major mess to change it).

– The room has one HVAC vent without a vent fixture to prevent any rattling. Air just drops into the room.

Okay, enough about the actual space. Now for the stuff you really care about.

Here’s a list of the cool stuff (these are not affiliate links; I do have an affiliate list for most of my resources here):

• Herman Miller Mirra chair (I ditched it for the time being ’cause it’s never worked properly; need to take it in for service)
• Apple iMac 27″ with i7 processor (16GB RAM / 1TB Hard Drive)
• Apple iPad Air (128GB with ATT capability)
• Ambrosia Wiretap Studio ($69  – well worth it)
Audio Hijack Pro by Rogue Amoeba
Twisted Wave (my DAW of choice)
Dialog by Wave Arts (my audio plugin of choice)
• Ambrosia Soundboard (sound cart software; this is $49)
• Sound Byte by Black Cat Systems (my main sound cart software)
• ID3 Editor (to create ID tags)
• Transmit by Panic is my ftp program of choice
• Call Recorder by ECamm (the software I use to record Skype calls – when I don’t use Wiretap Studio)
*Watch an episode of Mixergy.com with Andrew Warner to see how this software records video Skype calls
• Edirol R-09HR digital recorder
• Broadcast Tools ProMix12 broadcast console/mixer
Zoom H6 multi-track digital recorder
• Yamaha MG124C mixer
• Heil Sound PR40 microphones (they’re my oldest pieces of gear)
• Heil Sound SM1 Shock Mounts
• Heil Sound PL2T Booms
• Heil Sound RS1 boom 12″ extension mount (for one mic; the other mic uses the C clamp)
VAC pop filters for each PR40
• Heil Sound foam pop filter (I have one of these in case I want to take a PR40 out in the field to use; never happens, by the way)
Giant Squid Cardioid Stereo mics (I know they’re great ’cause I’ve used them before; unfortunately, mine have never worked)
• Electro-Voice RE50B microphones (I have two of these for field use, but they work equally well in the studio)
Rode NTG-2 shotgun microphone (it’s a condenser requiring phantom power, but has battery power capability built right in)
• Aphex 230 Voice Channel Processors (one for each PR40 mic)
• TC Electronic Finalizer Express (a final processor that handles everything going through the board)
• Telos One Phone Hybrid
• PreSonus FP10 Firewire Interface (awful customer service; I would not buy these again)
PreSonus FireStudioProject Firewire Interface (I’m ditching these because I HATE PreSonus)
• Panamax power management
• Aphex Headpod 454 Headphone Amp (now called a HeadPod 4)
• Kensington Keyboards
• Sennheiser HD25-MKII headphones
• Kodak Zi8 HD video camera
Audio Technica ATR3550 corded lapel microphone
• Logitech 1080p Webcam Pro C910
Webcam Settings (an app that is terrific for managing webcam settings)
• ScreenFlow by Telestream (screen capture and video recording software)
Camtasia For Mac (I got it in a Mac Bundle deal for $14 so I had to buy it; it’s a great alternative to ScreenFlow)
• iMovie by Apple (also for some video recording)
• Apple QuickTime Pro (can record audio, video or screen capture)
• Camera Stabilizer (this is great; buy one if you don’t have one)
Vonage VOIP phone service (this feeds the phone hybrid)
• Apple AirPort Extreme (the old flat square version)
• Various hard drives back it all up
• Toshiba 42″ HDTV on the wall (maybe my most used piece of gear)
• Lots of my gear came from the fine folks at BSWUSA.com (shout out to Kelley Sullivan; she’s been terrific to deal with through the years)

Today’s episodes may go deeper (and darker) than you want, but that’s what the STOP button is for, right? I hope you enjoyed the tour.

Thanks for listening for all these years. I know the podcast here has morphed and changed over time, but that’s what we do as people. We grow. We change. Hopefully, we improve. I’m still working on it.

Do you have a podcast? Let me know about it.

Randy

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