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Our Journey Relax slides will be e mailed to you!!
Learn from best and worst CreationCapital MarketingTaking care of your greatest resource
Ask me what you can win tonight !!!! “3 most important people in an entrepreneurs
life GD L and A” ….Katherine Miracle
What motivates you?Personal Goals?Know Yourself
Know your strengthsKnow your weaknessesKnow what you like to do… and what you don’t
Successful entrepreneurs Risk: Be willing to go outside of comfort zone,
but know when to lean on others
Who do I need to watch ?
What makes a business successful?
Why do most businesses fail?
“the three C’s” …Katherine Miracle
Technician vs. working on the business?
Business Concept
Something New
Something Better
Underserved or New Market
New Delivery System or Distribution Channel
Increased Integration
Understanding the market
Is there enough demand?
Is the market ready?
Will they pay enough?
How to reach the customer?
Who is NOT your market
Develop a best and worst customer
Your industryIndustry Health and Trends
Segment Growing or Declining?
Economy Growing or Declining?
What factors affect your business?
The Competition Know Competition as well as self
Competitive Product/Service Competitive Company Objective Thorough Analysis
Customer Perception Factors Page 106
Internal Operational Factors Page 107
13K.Miracle
Why does your business exist? What is the value for clients?
Clear Strategic Position and Consistent Business Focus
How is your company different from others?
How do you maintain consistency with evolution?
How do you build trust & relationships with customers?
What is your vision? Mission?
Value Proposition Statement “For customers who value____ benefit and
____benefit company/brand___ provides_____more/better_____feature____+feature______& feature___ than competitive offering (general)”
example “For customers who value excellent service
and cost savings, Marriott provides larger rooms, indoor water park and spa facilities
Hypothesis
State the business idea (how will you make money)
Development the Hypothesis (why will it work)
Test the Hypothesis (Are your assumptions accurate)
Evaluate Data (is your analysis accurate)
Reevaluate hypothesis and idea (Did you cover the key factors)
Refine the idea and iterate (What have you learned)
Getting the best out of your staffAbility to Attract, Motivate and Retain
Employees
Objectives
Metrics
Feedback
Financial Control
Cash Flow Management: Ensuring you have enough cash in bank to pay bills
Costs: Fixed and Variable
Financial Metrics
Financial Statements Income Statement: Income/Expenses Balance Sheet: What you Own/What you Owe Cash Flow: How cash comes in and goes out
Long Term/ Sustainability Anticipating Change and Adaptability
Technological change
Sociological change
Competitive change
Company Values & IntegrityThe DBA myth
Define company values Internal External
Communicate Values Appropriately Customers Employees Vendors
Integrity
Power words / ROI
Power Statements
Attention grabbing statement using your ROI
Repetition/ do not let your guard down
Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Testimonials NEO's Positive Attitude Secret Weapon“
Human Linked In
Homework: 6 testimonials consider linked in
Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Why is it urgent that we have a meeting?”
Feature The actual work or service you perform that helps clients
Advantage The performance characteristic your clients receive from working with you
Benefit The benefit that your work provides for a client
Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Brand Integrity Consistent message
Homework: Your sales sheet consider cc
4 power words 1 testimonials Your FABS Your desired career and
employer What is your return on
investment
Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Katherine Miracle [email protected] or 330-777-2003 ext 100
Features: Educator, Speaker and Expert Marketer
Performance Characteristic: Increases Revenue and Awareness
Benefits to employer: Katherine cuts costs, creates solutions and streamlines processes
“During my job hunt, I had the opportunity to have my resume featured on a CNN segment. Katherine helped me make the absolute most of my four minutes of fame. She made herself available to me whenever I needed help and provided a fantastic personal branding strategy.
Without her help, I would not have been able to maximize the value of this opportunity. If you need an outstanding speaker with a dynamic personality and a great marketer, you need to give
Katherine a call.” Top qualities: Great Results , Personable , High Integrity
Robert Paczula hired Katherine as a Personal Marketing Consultant in 2009
Who Katherine can help: Hospitals, Colleges and Banks
Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Your virtual sales force KM overnight
Homework:
select your virtual sales force educate your sales force of your
brand Property of Katherine Miracle, Miracle Resources,LLC www.miracleresources.com www.katherinemiracle.com
Motivation Jot down 3 people in your life who you
admire, are positive and that you could discuss your motivation and happiness with:
SherosHeroes My oxygen list
The three keys to the secretThe three keys to the secret
What would you do if you knew you would not fail?
Self Respect Achieving Balance Asking for Help
©2010 Katherine Miracle – Miracle Resources LLC
Achieving BalanceTime is on your sideAchieving BalanceTime is on your side
17 x 7 = 119
Family = 41
MR = 60
Teaching = 6
Speaking = 3
• Innovation/Me = 2
• Faith = 2
• Civic = 1
• Fitness = 4
©2010 Katherine Miracle – Miracle Resources LLC