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Thinking About Starting A Business?
You’re going to want to think long
and hard
WHY?
1. 50% fail within the 1st
year
2. 85% fail within 5 years
WHY??
1. Little to no sales – marketing experience
2. Not enough money to launch and grow
3. Having a vision and goals with little to no real planning and strategies, tactics, timelines, and resources
Which Brain Type Are You?
SOCIAL:Loves people Connection
Social fun
ANALYTICAL:Logic driven- Loves data-rational thinking - loves
reasons for things- loves lots of supporting
research/information
CONCEPTUALVisionary
Big picture Ideas
Possibilities
STRUCTURALProcess driven- likes
specific sets ofrules- step-by-stepinstruction- time
sensitive to details
The 6 Hats Required For BuildingA Successful Business
Visionary
The visionary is responsible forcreating the big picture of whereyour business is going. Whatproducts or services should youcreate? Most entrepreneurs arevisionaries and need help fulfillingthe other roles of running abusiness.
The 6 Hats Required For BuildingA Successful Business
Marketer
Some people are natural marketerswhereas others are not. Themarketer is responsible for allaspects of the brand and generatinginterest in your products andservices. Who is best suited to defineyour brand and can maintain it? Whocan efficiently generate enoughleads and manage yourcommunications until a sale ismade? What do people in your nichewant and need?
The 6 Hats Required For BuildingA Successful Business
Salesperson
A great salesperson has the skill tointeract with your prospects andpresent your products and services.The salesperson is able to assesswhich product or service will benefityour customers and help themovercome any objections they mayhave during the buying process.They understand the sales processand master persuasion techniques.
The 6 Hats Required For BuildingA Successful Business
Engineer
Engineers make sure that all yoursystems and processes are in place.They understand how all the piecesof your business work together sothat you can maximize yourefficiency. They create theprocedures that keep your businessrunning like a well-oiled machine.
The 6 Hats Required For BuildingA Successful Business
Manager
Once your business has in-house oroutsource employees, you needmanagers to make sure that they arefocused on the right tasks. Managerswatch over the processes andsystems to make sure thateverything and everyone areworking toward your overall goals.
The 6 Hats Required For BuildingA Successful Business
Driver
Who is out there everyday makingsure that everything you want toachieve is being done? The drivermotivates the team, whether it’s inmarketing, sales, or any otherdepartment, to move toward thevision of your company.
The Vision Pie
Operations Strategies
Sa
les
Str
ate
gie
s
Inner Circle is Strategy Level. This is 10% to 20% of an entire business – its “design” or “model”
Deep interdependencies mean most changes in
any strategy will almost always require changes in multiple other slices at both the tactical and
strategic levels.
Outer Circle is Tactical Execution
Level 70% to 80% of a business
Center is Core Idea, Market Need,
or Technology –This is only 2% to 3% of a business
The Business Puzzle SolvedCHOOSE YOUR BEST SALES & MARKETING CHANNELS1. TV, RADIO2. MAGAZINES, REFERRALS, NETWORKING3. ONLINE4. DIRECT SALES
CHOOSE YOUR SALES & MARKETING STRATEGIES1. JOINT VENTURES2. TELEMARKETING3. MEDIA BUYING4. NETWORKING EVENTS
CHOOSE YOUR BEST SALES & MARKETING TACTICS1. DRIP CAMPAIGNS2. BUY ONE, GET ONE FREE3. FREE CONSULTATION4. URGENCY & SCARCITY
YOUR PRODUCT
YOUR COMMUNICATIONS+
MARKETING MESSAGES
ELEVATOR PITCHMAIN HOOK
USPKILLER PROMISE
BENEFIT OF BENEFITCALL TO ACTION
FOLLOW UP PLAN
SERVICE
PERFECT CLIENT TARGET
THE SALES PROCESS
Step 1 Step 3Step 2 Step 4
JOIN VENTURES
ADS
PHONE
DIRECT RESPONSE
QUIZZES
PHONE
APPLICATION
CONSULTATION
BY PHONE
BY EMAIL
IN PERSON
AUTOMATION TECHNOLOGY
CALL TO ACTION
IRRESISTIBLE OFFERS
SPECIAL OFFERS
UPSELL DOWNSELL
LEAD GENERATION
LEAD QUALIFICATION
LEAD CONVERSION
LEAD NURTURING