Are you missing out in the new business race?

The question really should be; what is it that you are not doing, that if you did it, you would see a dramatic upswing in the fortunes of your business through the regular acquisition of new customers or clients?

Whether you like it or not, if you own a business of any kind, you are primarily in the sales business and despite the array of social media tools available today, the greatest and most effective tool anyone in the sales business has at their disposal, is still the telephone.

In the right hands, the telephone is the cheapest and most time effective means of introducing any offering to a target market and making appointments to present directly to the key decision maker.

To succeed in virtually any business, you need to have a consistent flow of appointments, to get appointments you need to talk to decision makers or their gatekeepers, to do this effectively you need to master the telephone and use it frequently to contact potential prospects who you want to become your customers or clients.

You can engineer a dramatic upswing in the fortunes of your business if you master the telephone, and make a minimum of twelve (12) calls to targeted business owners each and every business day, without fail.

After doing so for a few weeks, refining your pitch as you go along, you will find that at a minimum you should be converting at least 5 to 10 percent of the 60 weekly calls to appointments, where you will have the opportunity to make a sale. Covert a reasonable percentage of these appointments into new customers or clients, and you will be well rewarded.

The trick to succeeding in this endeavour is to set aside a minimum of 45 minutes each day, find a place where you can work free of any distractions, and do nothing in this time but make the calls. It works even better if you assign the same block of time each day to this activity.

Any business owner who adopts this discipline, sticks to it religiously on a permanent basis and at the same time works assiduously at refining and improving their pitch to the targets involved, cannot help  being successful at the key task of getting in front of as many prospects as possible, in the time they have available.

To maximise the effectiveness of this simple solution, business owners need to learn the art of the three minute telephone call. Buy an egg timer and if you see the sand has run out, and you have not arranged an appointment, terminate the conversation and move on to the next prospect.

It also helps if you keep daily records of the number of calls made, the number of appointments gained, the conversion rate of calls to appointments, and then track this ratio on an ongoing basis as you develop your skills in this area.

Who to call? You call anyone that you wish to make a customer or client within the niche you wish to create for yourself. The best sources of business leads for cold telemarketing have always been the yellow pages, local business directories, local newspaper advertisements, businesses letter drops in your local area, your local government authority, and the local chamber of commerce.

What to say? Prepare a very well crafted mini sales pitch for your product or service which will quickly grab the attention of the prospect you call, which focuses on the benefits for the customer or client, and which allows you to quickly uncover whether or not the prospect has a need for your offering.

Overcome your reluctance to pick up the telephone and then commit to simply making 12 calls each and every day to make appointments with prospective customers or clients, and before long, you will see the results and your business will be more successful.

Remember, that to make this a habitual activity and to ensure that you refine your sales pitch until it works brilliantly, you need to commit to this discipline for a minimum of 21 business days.

Is your business acquiring as many customers or clients that your product or service deserves?

Do you have a disciplined approach to telephone prospecting?

Will you devote a minimum of 5 hours per week to producing an upswing in the fortunes of your business?

Momentum - The Best Business Fertiliser

Without momentum in your business, everything just grinds to a halt, and all effort is effectively wasted. With momentum, anything is achievable. If you want to be successful as a business owner nothing could have more relevance, or should assume greater importance, than the building and maintaining of momentum in your business.

In this context, and as a business owner, you need to clearly understand what momentum is, and how to make sure it is happening in your business. To begin, you must have a business plan, you must work that plan, and you must be willing and able to grow with your business and to overcome the challenges which will arise as your business grows.

Business momentum can be simply described as the outcome of your own level of productive effort multiplied by the degree of persistence you consistently provide to working your business plan. You know you have momentum when your business is continually busy and the evidence establishes that it in being busy it is accomplishing everything laid out in your business plan.

Building up momentum, in order to establish a manageable and productive funnel of opportunities which deliver regular and growing income, takes considerable time and effort. The following four suggestions, if implemented in your business, should assist you get to the point where you can effectively see and feel the required momentum.

The first suggestion is to know where you are going with your business, why you want to go in that direction, and then attaching basic numbers to what the business must achieve on a daily basis, in order to be successful. This clarity will assist you to work on your business, rather than just working in it without giving much thought for the future.

The second suggestion is to walk to the end of the cliff and jump off, fully knowing that unless you immediately attract customers or clients, it is all over for your business. There is nothing like having no fall-back position to focus your mind, all of your energy, and absolute commitment to the taking immediate actions required to get your desired outcomes. Remember that the desperate and hungry dog will always beat the pampered pooch to any available rewards, and that is the mindset you need to have when looking to develop momentum in your business.

The third suggestion is to step right out of all of your comfort zones and embark on the emotional roller coaster that is directly aligned to successful business ownership. Learn how not to be discouraged by the inevitable setbacks, how to avoid making excuses for not succeeding, and how to immediately kill any thoughts of giving up now or in the future.

The fourth suggestion is to develop a healthy support mechanism so that when times get tough along your journey to success you have somewhere to turn to provide you with the support you need to pick yourself up and continue to persevere with your plan of attack in accordance with your business plan. Don’t try to achieve it all alone, a journey shared with someone who can contribute support when you most need it is one that once you achieve success, you will look back upon with greater pleasure than any solo trip you might take.

Does your business currently have sufficient momentum so that work is self generating?

As the business owner are you helping or hindering the development of momentum in your business?

Are your employees aware of the concept of building momentum?

Is it time to fertilise your business?