Now that you have a deep understanding of your Soulmate (Your Ideal Buyer), let’s take the next step and identify your Soulmate 100. 

Wait, what on earth is the Soulmate 100? 

So glad you asked. 

Let me explain the Soulmate 100.

You deeply and intimately have a clear understanding of your Soulmates

Who they are?

Where are they? 

What they are doing?

Related Article: Discover Your Soulmate: Yes, Those Ideal Buyers Are Waiting for You

Especially the type of challenges, problems and frustrations that Soulmates face on a daily basis. 

You provide the products, the services, as well as the solutions that they are seeking.

You also know here they hang out and the type of message that speaks their language. 

Well the Soulmate 100 are folks that would help create a thriving referral network to connect with Soulmates. 

Think about any organizations, agencies, peeps, other businesses as well as collaboration partners that can help you open a door to your Soulmates (your ideal customers).

Start identifying any person, agency or organization out there that can help you open the door to 5, 10, 20, 50 or even 100s of your Soulmates.

Shine a Bright Light on Your Soulmate 100 

For example, I love to use is the lamp analogy.

So let’s imagine we are manufacturing lamps, who would we most likely align ourselves with?

Well, obviously a lampshade manufacturer or how about the light bulb supplier?

Someone who would be an incredible collaboration partner or referral source.

Anyone who is also targeting the same Soulmate as you in a non-competitive nature.

So let’s change gears a little bit.

Another example, let’s say if you were starting out as a brand new real estate agent.

How can we create that strong referral network quickly and efficiently?

An excellent launching pad to build a vibrant referral network as a real estate agent would include this list of professionals: 

  • Mortgage Broker / Banker 
  • Insurance 
  • Attorney
  • Homeowners Insurance
  • Fence
  • Awning
  • Landscaper
  • Pool Company 
  • Garage Door
  • Home Builder
  • Contractor
  • Interior Designer
  • Drive Way
  • Roofer
  • Electrician

So how can you fiercely network and align yourself with other professionals that you find deliver tremendous value with high integrity and share also the same goals vision as you?

To create that strong referral network, aggressively pursue your Soulmate 100.

As the saying goes, rising tides lifts all ships.

A powerful solution to create that Soulmate 100 list, think about how could you dedicate yourself to helping these folks being a connector and community builder. 

Not just thinking how can they help us?

Get creative on how you can help them with their business to achieve success.

Start listing ways on how you can be that go-giver and dedicate yourself to helping them move the needle?

Commit to building a reputation as the trusted source help them accomplish their goals. 

The more sales that we can help drive to these folks offers a wonderful opportunity to build trust, strengthen that relationship and build a healthy vibrant referral network.

Get ready for lots of Soulmates coming your way, my friend. 

 

 

 

A question to consider, What if the What If Syndrome kicks in? 

It’s tough to making a path when facing multiple options. Especially with those big life decisions. The “WHAT IF” Syndrome kicks in.

What is the “WHAT IF” Syndrome? 

So glad you asked. 

WHAT IF…

…I pick the wrong college? 

…end up dating the wrong person? 

…I select the wrong career? 

…Wear white after Labor Day? (just asking for a friend) 

In business, the “WHAT IF” Syndrome might look something like…

WHAT IF…

…I hire the wrong person? 

…Carry the wrong product? 

…Partner with the wrong person? 

…Offer the wrong product or service? 

…Buy too much product? Too little? 

…Sign the wrong lease? 

…Hire the wrong accountant or attorney? 

…Sell sushi to help diversify our pizza shop? 

Offering TOO MANY products and services that are too diverse will lead to trouble. 

Yet, picking a clear path or selecting the right cause is tough. 

FOMO kicks in. UGH!!! 

That’s right! 

The dreaded Fear of Missing Out on the party. 

Then the “WHAT IF” Syndrome becomes ISHOULDHAVEITIS. 

That darn phrase “I Should Have…” 

I Should have bought Amazon, Apple and Netflix stock in 2002. 

I Should have bet the house, the farm, the dog, my watch, my coveted 8 track collection (Google it) and every other possession I own on Bitcoin. 

Oh, the humanity. 

So many choices. 

So little time. 

Conquering the “WHAT IF” Syndrome 

what if syndrome

How on earth do we know when or if we are making the right decisions? 

We don’t. 

That’s what makes life SO MUCH fun and exciting. 

Making the right decision and picking the correct path can mean the difference between building the largest eCommerce business on the planet vs not building the largest eCommerce business on the planet. 

What am I talking about here? 

Let’s take a look. 

Jeff Bezos and I both launched an eCommerce business the exact same year. 

Somewhere along the way Jeff and I both took drastically different paths. 

Jeff Bezos had incredible vision as well as placed insanely wild bets on his business. 

I am typing this up in my pajamas, in my 200 square foot basement on my MacBook Air.

Something tells me Jeff Bezos is not hanging out in his 200 square foot basement wearing his pajamas. 

Well, maybe he is…

Anyway, we just simply do not know how the story is going to play out. 

Think of your all-time favorite movie. Did you just say the title out loud? 

WHAT IF you knew the ending beforehand? BORING! 

That’s why we get so mad at someone when they tell us the end of an amazing movie or book before we have watched or read it. 

“DON’T TELL ME WHAT HAPPENS!!” 

We long for the end.

Sitting on the edge of our seats. 

The Thrill of Hope. 

In business, our Thrill of Hope falls on the knowledge, smarts, gumption, insight, as well as gut instinct to make the accurate choices. 

Bottom line: Go with you gut.  Stay focused and give it everything you’ve got! 

You Bet on You. 

Just think, WHAT IF you succeed beyond your wildest dreams? 

 

Wrapping It Up 

Lastly, thanks for stopping by. 

Check out these additional articles to help you on your entrepreneurial journey: 

Niche Down Til it Hurts…So Good

Ladies & Gentlemen, It’s All About the Right Knee Guys & Gals

 

 

Have you heard the one about the “Right Knee Guy”? 

Neither had I. 

Well, please allow me to introduce you to the “Right Knee Guy”.  

Now being located in New York, the term “Guy” is interchangeable and gender neutral (Ex: “how you Guys doing?” “Hey Mom, are you guys coming over?”)

So to keep things PC and Kosher, moving forward I will refer to Right Knee Guy or Gals interchangeably. 

Previously, I was unfamiliar with the “Right Knee Guy” until a dear friend, Max Krug, introduced me.

Hopefully, you will find this story as impactful as I did. 

Here we go……..

Meet Max Krug 

Serving as a business advisor with the New York Small Business Development Center, I had the privilege of meeting Max Krug, when he attended one of my LinkedIn workshops at a local college in 2014.

Conducting live workshops offered the incredible opportunity of meeting amazing individuals. 

Especially since, with each and every attendee comes a fascinating entrepreneurial journey.

Hearing their stories certainly served as a thrill and blessing. 

In addition, workshops also created exciting opportunities to invite one-on-one consulting sessions afterwards. 

After this particular LinkedIn workshop, Max Krug scheduled an appointment to discuss his growing business. 

At the appointment, we immediately hit it off.

Related Article: Applying The Theory of Constraints to Your eCommerce Strategy

Theory of Constraints 

Having built a dynamic friendship with Max over the years, I now know he serves the market as a brilliant consultant. 

In particular, Max has built a hugely successful career as an efficiency expert.

He specializes in the Theory of Constraints by Dr Goldratt who authored of the legendary business book, “The Goal”

As founder and President of Future State Engineering, Max takes tremendous pride in solving massive problems for his clients (Click here to learn more about Max).

In particular, Max works with manufacturers. 

His target areas of expertise include maximizing inventory turnover, production scheduling, and ultimately dramatically improving cash flow.

Throughput is the name of his game.

Max is a tangible results driven guy.

Through our sessions, while explaining his theories and practices, he taught me tricks of his trade on efficiency that I still use daily.

What an enormous blessing and gift to learn from dynamic clients such as Max.

The main reason Max wanted to meet in the first place was he needed direction with branding, customer engagement, and a sales pipeline. Focusing on a specific target market.

So prior to understanding Max’s talents and area of expertise, at our first session, I asked Max to describe his business.

For me, it is crucial to fully understand where each client has been, their current position as well as understanding where they are heading. 

What is the goal as well as the vision? Understanding the dream behind the career and life’s work plays a critical role with helping each individual?

So, Max described his business.

He went into full detail on the Theory of Constraints and how he is a Dr. Goldratt disciple.

In addition, he specializes in the practice of operational excellence.

Then he dropped a bomb that was a game changer…

Related Article: Are You Familiar with “The Goal: A Process of Ongoing Improvement”?

Meet the Right Knee Guy 

I then asked what was the goal and vision for his company.

However, I frequently found many clients struggle with this exercise.

Having no direction seems to contribute to unmet goals and frustration for many entrepreneurs. 

Well, this wasn’t the case for Max. He knew exactly where he was headed. 

Max looks me dead in the eye and makes a statement that I will never forget and the exchange went like this: 

Me: “So what is your ultimate goal? Where do you see yourself down the road? Dream a little and share your Big Audacious Goal.”

Max: “Well, I want to be the Right Knee Guy”…..and he just continues on describing his business goals for the future.

I sat there processing to myself, “What did he just say? Did he just say ‘Right Knee Guy’?”

So I put my hands in a T formation to call a timeout and said:

Me: “Wait a minute, what did you just say”? Did you just say, “Right Knee Guy”?

Max: “Yes, the Right Knee Guy”! ( looking at me as if I am the complete idiot which I usually am).

Me: “What on earth is the Right Knee Guy”?

Life Changer

Max offers this simple, yet life changing story:

“Yes, I am striving to be the Right Knee Guy. For example, if you seriously injured or hurt your right knee, who are you going to turn to? A general practitioner or your family doctor? Probably not.

Especially if you are an athlete or at the very least an active person. You most likely seek a high level expert or a specialist of the right knee.”

Being that Max is a great athlete, the lightbulb went off and I finally realized where he was heading.

He continues, “Well, if I hurt my right knee, I want to go to the right knee specialist. The right knee expert! You know, the world-renowned authority of repairing the right knee.”

“The person who is working on local professional athletes. The doctor who possesses not just the highest credentials but most importantly the reputation for successful results. I want the guy or gal who can fix my problem, in this case, repair my right knee as quickly, painlessly and successfully as possible.”

Max continues, “The person who is so specialized and laser-focused that if you injure any other part of your body, they explain that they “can’t help you”. Even if you hurt your left knee, they are NOT the person for the job.”

BUT….if you have a problem with your right knee? I’M YOUR GUY!

You see, I strive to deliver the most powerful results possible for my clients. My future vision and big dream is to earn the reputation and label as the “Right Knee Guy” in my field of Theory of Constraints and operational excellence.

“That is exactly my big audacious goal.

“I want to be world-renowned on executing the Theory of Constraints. Thus, my right knee guy analogy.”

“My goal is to be viewed as The Theory of Constraints Right Knee Guy.”

Related Article: The Definition of Entrepreneurtude: “Do Whatever It Takes”

WOWZER! 

This analogy was brilliant! 

I was blown away by the simplicity of his analogy. KISS! Keep it super simple, right?

Max summed up his life goal with a single expression, “Become the Right Knee Guy” in his field. 

The person who delivers the cure and solves your problem quickly and efficiently.

The expert who gets you back in the game and on the field as if the problem or injury never occurred.

It doesn’t matter what the ailment is, any person would love to have access to the world renowned expert in the niche to solve their problem.

When you become viewed as a trusted source, an authority or expert in your field, you put yourself in a powerful position.

You can place yourself in high demand, find healthy revenue opportunities, charge a premium or at least a respectable rate for your experience and expertise.

Solve a small problem and you can close a sale. Yet, solve lots of problems and you can build wealth.

 

Related Article: “I’M DIVERSIFIED!” No, Actually You’re Doing Five Things Horribly

Right Knee Guys & Gals

What’s funny, the “Right Knee Guy” story became a regular and consistent part of my schtick.

Especially when clients seemed to be drifting away from areas of their own expertise or randomly throwing ideas on the wall to see what sticks.

I shared this with dozens if not well over 100 clients. It also became part of my LinkedIn workshops.

The light bulbs that went off as well as “Aha” moments created were truly mind blowing. 

This story and analogy just consistently hit a home run every time. 

The clouds could clear and clarity would set in. 

You could see the cartoon bubble appear, “Now I get it”. 

One particular client, a young woman who launching a new business. A millennial with a contagious free spirit.

We would meet and have outstanding conversations. At one point, I had not heard from her for months until one day I received a text that she wanted to meet up.

During our meeting while catching up, I ask her how is business?

She declares, “well you know, I’m trying to become the Right Knee Gal.”

I asked, “I told you that story?”

She says, “Of course you did! I think about it EVERY DAY! My goal is to become the Right Knee Gal in my market”

I had another client who was a fitness trainer. He LOVED the “Right Knee” story.

Every time we would meet he would describe how he was striving every day to be viewed as the Right Knee guy in his specific field of fitness training. 

Many years later, I needed professional photos of products for a project I was working on. This client popped up on LinkedIn and he was now promoting himself as an expert photographer. 

I contacted him and we met up. He described how his life brought major changes.

He was now married with two young children and the fitness training gig just no longer fit well with family life and fatherhood so he transitioned into photography. When I asked how business was going, his response? 

“Business is going great! I am now striving every day to the be “Right Knee Guy” of commercial photography.” 

The Right Knee Guy = Definitive Purpose 

In conclusion, Napoleon Hill in his legendary book, “Think and Grow Rich” called a concise goal the “Definitive Purpose”.

Others call it staying “Fiercely Focused”.

A specialized focus.

Targeting a targeted niche.

Niche til it Hurts SO GOOD.

Dedicating the time, energy, as well as all resources to know your product or service better than anyone else.

However, having a definitive purpose and striving for a specific goal offers the opportunity for dynamic results.

Spending hours upon hours (Malcolm Gladwell says it takes 10,000 hours) of research, learning, understanding a topic to attempt to become the expert or right knee guy.

Above all, be the BEST in your community, region, industry, or nationally.

What will it take for you to become THE Right Knee Guy or Gal in your field? 

 

Wrapping It Up 

Thanks for reading this post. 

Hopefully, you found this helpful as well as resourceful for your business. 

Finally, for additional articles, check out these helpful links below: 

 

 

 

Make it as Easy as Humanly Possible to do Business with You.

The less confusing the better. 

Especially since you know your product, service or solution better than anyone. 

On your journey, you developed a skill, talent or trade that people are willing as well as eager to pay you for your expertise. 

In other words, you know your solution inside out. 

Like the back of your hand.

You could even do it in your sleep. 

You get the idea…

People come to you for answers, solutions, as well as help and assistance. 

One thing to keep in mind, on the first point of contact, customers do not know your system. Your process. Your “thing”. 

By making it as Easy as Humanly Possible to do business with you helps your customers feel like a rock star. 

Making it as Easy Possible to business with you also drives powerful results. 

Helps to create raving fans. 

Let’s flip to a different perspective. 

Does it drive you crazy when people ask “Dumb” questions? 

Wouldn’t you love to say, “Sir, did you read the sign”? “Ma’am did you read our website?” 

Odds are they did not.

On the other hand, maybe your website is just confusing. 

Possibly they have heavy issues on their mind, way beyond the moment where your stars cross. 

However, make them feel like a genius, and you have a customer for life. 

Think of the wonderfully refreshing and rewarding customer service experiences that you encounter. 

When the person on the other side of the counter or other end of the phone, simply made your day. 

On the other hand, think of those “I’d rather have a root canal than go there” moments and experiences. 

Don’t you love when you walk into your local mobile phone store? 

Wait in line for an hour just to be told what an absolute idiot you are for not understanding or memorizing their 30 page contract that you signed 3 years ago? 

Ahhhh! Just gives me warm fuzzies even thinking about it (not really). 

How about when you stand in line at the DMV? 

Another awesome example, when you call your insurance company for a claim, only to discover your policy doesn’t cover your claim?

That’s right Sir/Ma’am, did you not memorize that the 173 page contract that you signed five years ago? The one that looks extremely similar to your mobile phone contract? 

Call the IRS in response to a “super friendly” letter with the word Audit across the top. 

You get the idea. 

Dealing with those dreaded occasions where the person on the other end gets beat up all day.

So by nature, they take an extremely defensive, maybe even offensive and condescending stance. 

More warm fuzzies (not really). 

What if we once again, let’s flip the script? 

Eliminate assumptions. Especially since we all know what happens when we assume.

Let’s make a pact. 

How about dedicating our very existence to making our customers lives as easy and pleasant as possible? 

What if we dedicated ourselves to making their lives smooth and stress-free when engaging and while making a transaction with our business?

Regardless of what is taking place in their lives at that moment, what if we create an environment, culture, and business that pours out positivity and simplicity?

Just think if you provided a customer experience base on excellence. Grace and poise. 

Like the most graceful figure skater. Poised Ball room dancer. That smoothest shortstop. Sweetest free throw shooter. You get the idea. 

Doing business with you is seamless, effortless, stress-free, as well as rewarding and refreshing.

New customers simply can’t wait to come back again and again. 

Thinking to themselves, “WOWZER! That was an awesome experience!!”

 

Check out this article: Walk Up to the Line of Scrimmage & Reveal the Play  

 

Stop Being the Best Kept Secret 

 

 

 

 

WALK UP TO THE LINE OF SCRIMMAGE & REVEAL THE PLAY

Nearly 100 years ago (or close to it) I had the honor and privilege of playing high school football for a coaching legend, Coach Wally Huckno. 

Coach Huckno’s accolades include: 

  • 3 New York State Championship Titles for large schools
  • Greater Buffalo, NY Hall of Fame. 
  • Coach of the decade for the western New York high school sports publication in 2000
  • New York State Coach associations coach of the year in 1994 & 1995 and 2000
  • New York State Sportswriters Association coach of the year 1996
  • Overall 159-47-1 record

Coach Huckno was relentless.

He created a culture of discipline and winning.

With one exception…my senior year. 

I had the unfortunate honor of playing on his ONLY losing season in over 20 years of coaching.

UGH!! 

Our team simply stunk. No excuses. We were just bad.

We lost 5 games by the total of 21 points. Each game was a heartbreaker.

Anyway…

It truly takes a special breed to become a hugely successful coach.

Especially since a typical high school coach makes pennies per hour when you break down the amount of hours they dedicate to the sport, the players and the program.

Think of all of the coaches that actually volunteer and are paid nothing.

Enduring all of the challenges that comes with managing boosters, parents, games, administration, not to mention the players themselves. 

Next time you hear a parent ripping apart a coach, consider that they certainly have plenty of other things that they could be doing with their time rather than coaching their kids.

Tolerating all of the hassle, drama as well as frustration.

To become a successful high school coach, you need extremely thick skin as well as maintaining a laser focus on the big picture goal.

Most importantly, the ability to ignore the noise and clutter of critics.

Especially those Monday morning quarterbacks second guessing your every move.

 The same goes with entrepreneurship.

You need thick skin. 

Avoid the noise and critics.

Stay laser focused on your goal.

Be true to your convictions.

Well, Coach Huckno taught a profound strategy that still resonates today that I would like to share with you. 

Walk Up to the Line of Scrimmage & Reveal the Play  

One of the greatest takeaways from the experience of playing for Coach Huckno was this fascinating concept…

Coach Huckno preached, you should be able to walk up to line of scrimmage, tell the opponent across from you exactly what play we are running and still bury the player across from you into the dirt.

If you don’t….his philosophy was it was from lack of preparation and concentration.

You didn’t hit the weights hard enough during the winter and spring workouts.

Didn’t participate in off-season training.

You didn’t run sprints hard enough at practice.

Plays were not studied thoroughly. 

You didn’t study video of your opponent close enough.

You were too busy watching the cheerleaders during the game (Yes, I ended up marrying one of our cheerleaders).

There were plenty of factors that causes you to not beat your opponent.

Even if they are bigger, faster and stronger.

Technique and strategy as well as thorough preparation allows each victory at the line of scrimmage. 

Reveal the Play in Entrepreneurship 

This philosophy carries into our business philosophy as well. 

Unless you posses the Google algorithm, the Coke formula, the secret sauce of McDonald’s Big Mac, work for the Pentagon or possess some other type of “I’d tell you but I’d have to kill you” type of information. Simply put it out there.

Wait, you might be thinking, what if my competition finds out?

Then ask yourself, do potential customer’s have the ability to easily find you as well as additional relevant information about your company?

Is the proper information about you, your company, your skills, the problem you solve, the years of experience you bring to the table, your ability to help your customer benefit from your product or service readily available?

On the other hand, are you the best kept secret?  

If you are struggling to attract ideal customers, maybe it is time to ask yourself, is it better to have your wonderful attributes, assets and solutions hidden or should we reveal the play? 

Since you are SO GOOD at what you do, then go for it!

Walk up to the line of scrimmage, tell the competition exactly what play you are running and still bury the opposition?

Share your processes, prices, key executives, as well as all of the other powerful solutions that you deliver on a daily basis. 

Coach Huckno will be extremely proud of you! 

 

Related Article: What Happens When Manufacturing Meets eCommerce? Magic Happens!!

KISS = Keep it Super Simple 

Can we discuss a little secret? 

Just between us. 

Especially since we are now BFFs. 

Well…here it goes…

Customers are simply…

…not that smart. 

That’s right. I said it.

However, please keep it a secret though. 

For instance, let me share you a perfect example of a customer who is…well…just not very smart. 

You guessed it, that customer is yours truly. 

Today I had to hire a plumber.

Why? 

It’s not that I am not real smart.

Truth be told, I am a complete idiot. 

For example, I have a severe allergy to any type of tools. 

A hammer, wrench, pliers as well as any other tool for that matter just do not fit very well in my hands without something extremely negative happening. 

Especially sharp tools. 

If someone sees me with a tool in my hands, they have been instructed by my wife to call 9-1-1 immediately. 

This includes my daughter, family, friends, neighbors, UPS driver, mail women, our dog and anyone else within visual range. 

Apparently the instructions go as such, “Call the police without hesitation if Curt is seen in the yard with a tool of any type.” 

The Sunday Plumber

Bottom line: I need help and therefore have to call an expert when it comes to any type of repair around my home. 

Well, one day we have a serious leak in our basement at the washing machine. 

Therefore, I needed to call a plumber.

On a Sunday. 

Two gentlemen showed up.

I gave the two minute speech on “I have no idea what I am talking about” and continue explaining how when I turned on the dishwasher, water was pouring out downstairs in the laundry room. 

They walk over to my kitchen sink.

Wait, it’s coming out underneath the washing machine downstairs. 

They politely explain plumbing 101 and probably wish I would just go outside to play in the driveway (or on a busy street). 

Consequently, they grab a mechanism out of their truck, the famous snake. 

Run the snake down the drain. 

“We got it”! 

Twenty minutes in total.

On a Sunday. 

$324.

Yes, I am reading your mind. 

I paid $324 because I am an idiot and have to pay $324 for 20 minutes worth of THEIR expertise. 

Yet, these guys were awesome! 

Fun, friendly, and efficient. 

Most importantly, they were kind and gracious to my deficiency in home repair. 

KISS Because No One Wants to be the Fool 

So how do you treat customers when those “dumb” questions come your way? 

Another perfect example…Men hate asking for directions!

Why?

We hate looking like a fool.

God forbid we don’t know where we are going. Our precious egos are pathetically fragile and delicate.

Thank God for technology.

As a result, we no longer need to stop at the gas station for directions to actually admit, “I am Lost”. 

Mark Twain famously stated:

“Better to remain silent and be thought a fool than to speak and to remove all doubt” . 

Instead of treating a customer with a dreadful condescending attitude, what if you delivered engagement with the passion and enthusiasm as your favorite teacher or coach growing up? 

No eyes rolling.

By the way, for any of you currently raising teenagers or in the past, you know full well that you can hear eyes roll. Even when they are standing behind you. Just saying. 

Anyway…another example…

The patient and understanding adult who LOVES when the five year old asks WHY for the 80th time. Yet, still responds with an unapologetic fever and devotion. 

You possess a passion and expertise to a situation that your customer has yet to experience. 

Be grateful that there are people on this planet that are…putting this as politely as possible…not as smart as you. 

Where is the restroom? 

Do you see the sign above your head? 

Well, customers are busy and distracted. 

Customer looking at the menu. “Do you have X?” 

You want to say, “Do you see X on the menu?” 

You have the menu memorized and know it in your sleep. 

Be grateful that this person feels comfortable as well as vulnerable enough to ask for your expertise. 

Most importantly, thank them for asking questions.

Make Your Customers Feel Like a Genius

To sum up, just be as efficient as possible with answering those questions ahead of time which make your process scalable. 

Put those answers on your website. 

Make a video. 

Create a blog post. 

Work on a thorough FAQ page (frequently asked questions). 

Make is as easy as possible to do business with you. 

 

Thanks for stopping by. For additional fun, check out these articles: 

Warning: You are Entering the “Courageously Uncomfortable” Zone

 

Stop Being the Best Kept Secret

 

 

Profit Thieves. UGH!! 

Nearly every business faces them and needs to consistently fight off Profit Thieves. 

Protecting yourself against Profit Thieves plays a critical role to your success.

Especially for small business owners.

So let’s take a hard look.  

When you dissect your business, think about any products, services and solutions that you wish would simply vanish. 

Start by identify any products, services or solutions where you feel stretched. 

Tasks that drain precious resources from your company. 

Thus, hurts your bottom line. 

We need to capture those profit thieves and banish them from the premises. 

Time wasters, energy drainers and money losers. 

Additionally, think about those customers that you dread servicing. 

Yes, you most likely have customers that are indeed NOT Soulmates

Those fun folks where you and your business would be so much better off without them. 

On the flip side, odds are they are not entirely thrilled with you as well. 

Here is a helpful suggestion and a healthy means to shed those non-Soulmates. 

Align yourself with a resource partner that delivers powerful results in any areas that fall out of your wheelhouse. 

Related Article: Let’s Build a Thriving Referral Network with Your Soulmate 100 

This is where Niche Down til it Hurts…So Good comes into play. 

Identify the areas of your business and customers that no longer fit your formula. 

Introduce and connect them with a trusted, valued partner who hits the ball out of the park with that product of service. 

It’s like finally breaking up with that awful boyfriend or girlfriend that you just did not have the heart to do so. 

This strategy finally creates the opportunity to make a clean and overdue break. 

Set them up with a friend. Problem solved. 

The conversation would go like this…

“You know, things just aren’t working out any longer.”  

“Are you breaking up with me?” (sniff) 

“Hey, It’s not you, it’s me. I’m a hot mess and no longer a good fit for you. However, you know who thinks that you are absolutely AMAZING and would love to chat. Actually they can’t stop talking about you. They said YOU are their SOULMATE.” 

“Really, they said that? I had no idea.” 

“Yes, you are going to be SO MUCH happier with them.” 

Problem solved. 

Piece of cake, right? 

Let’s take this one step further…

For those customers that you wouldn’t wish on your worst enemy…You would do yourself a huge favor by politely parting ways and sending them to your competition. 

The customer who constantly pays 90 days or later. 

Demands a Lexus quality on a Pinto budget (Google it). 

Keeps you up at night. You cringe every time they reach out.

Guide these folks to your competition so they can suck THEIR time, energy or resources.  

 

 

Once you niche down, yes, niche down til it hurts so good, now you can speak the right language to the right buyer. 

For example, once going through the buyer persona exercise with a client, they spent an exhaustive amount of time describing their ideal customer.

Their soulmate

The persona described loved motocross. Down and dirty off-road motorcycle racing. Mud flying everywhere. A young persons sport. Fearless. Doing jumps and flips. 

However, when you landed on this manufacturer’s website, what was the front page image? A Lamborghini. 

What?!?! 

Total disconnect. The product that they sold had nothing to do with a car let alone one of the most expensive vehicles on the planet. 

The website spoke the wrong language. 

You must make an incredible 1st Webpression

Love at first sight. 

On the other hand, when you niche down until it hurts another tremendous benefit falls on your lap. 

Clearly speaking the right language to the right buyer helps prevent bad leads. 

What am I talking about? 

So glad you asked…

When you try to be everything to everyone, you become nothing to no one. 

Yet, casting a wide net will indeed attract some inquiries. 

Including folks that you simply cannot help or serve. 

Speaking the Right Language Helps Avoid Frustration  

Another example, while working with a large manufacturer in the packaging industry, the customer service team shared an interesting problem. Actually they divulged a strong complaint and concern. 

They consistently received leads that fell outside of their capabilities or expertise. Nearly on a daily basis. 

The customer service team was frustrated. The customers that called were frustrated. 

A mutual lose-lose. 

While checking out the company website, the problem shined crystal clear. 

Significant information on the website spoke the wrong language to these folks. 

In the quest to be everything to everyone within packaging, the one-stop shop they were attempting to be caused internal chaos and created a negative impact. 

An awful experience. A bad taste in their mouth. 

As a consumer, you know how frustrating it is when a business wastes your time and energy. 

Plus it works both ways. 

The company misdirected company resources with these bad leads. 

These contacts were not a potential customers and would never be a customer. 

It there an opportunity to pull them into your world or product line? Maybe. 

Could you establish a referral network or affiliate relationship to convert that contact into a potential revenue source? Possibly. 

That was not the case here. 

Stay laser focused on what you do best. 

Speak clearly on your website. Concisely. 

Less is more. 

Avoid the “shiny object” syndrome. 

Focus on only one “Call-to-Action” per landing page. 

How many times do you find yourself on a website, next thing you know you’re watching a video on Youtube that is completely unrelated to your original search? 

Then you ask yourself, “what on earth was I looking for to begin with”? 

They do not know your product line like you do. 

Assuming that they do just makes an…well…you know what happens when we assume. 

Remember, your customers are simply easily distracted as well.

Hold their attention as long as possible. 

Let them know you care. 

Make it clear that you are an expert who has their back. 

 

Ready to Stop Being the Best Kept Secret

 

 

 

 

 

When the words left my mouth, “This is how we have always done it”, I knew I was doomed. 

I just entered the danger zone! 

In other words, my business was doomed with my leadership. 

It was time for me to move on. 

Not only did I need to move on personally.

More importantly, the business needed to step away from me. 

Ever have your business speak to you? 

It is your baby, right? 

Well at some point, kids speak back to parents. 

Sometimes loved ones give us tough love. 

Words that we NEED to hear even when we do not want to hear it. 

They day I blurted out, “This is how we have always done it”, the sad reality sunk in. 

I was completely out of fresh ideas as well as out of gas. 

No longer possessed the skillset, talent or wherewithal to take this business to the level I had hoped. 

THANK GOD an angel was waiting in the wings to take the business to new heights. 

It was time for me to step aside to help serve others 

My eternal gratitude goes to my eventual business partner, Susan who then purchased the business

Remedies for This is How We Have Always Done It 

Below includes a helpful list of suggestions and remedies for:

  • Get Courageously Uncomfortable 
  • Niche Down Til It Hurts So Good 
  • Venture into the unknown
  • Become the “Right Knee” Guy or Gal 
  • Identify weaknesses that need improving immediately
  • Align with experts that can hold your hand through positive change
  • Create new systems and processes
  • Explore new technologies
  • KISS = Keep It Super Simple 
  • Tackle challenges with confidence and positive energy
  • Dedicate yourself and your team to a constant state of continuous improvement
  • Open your mind to new ideas
  • Research
  • Listen
  • Stay in the know & in the zone
  • Identify bottlenecks and constraints
  • Connect with a rigorous mentor
  • Find an accountability partner who keeps you on track
  • Take courses online or at local university
  • Find companies in other industries that have accomplished similar goals you seek and discover how they did it
  • Do competitive intelligence on your competition especially if they are using technology and techniques that you covet
  • Finally, tell yourself, “I embrace change, I embrace change…”

Just Keep Moving Forward

Always Done It

Most importantly, when it comes to change, take manageable bites. Just keep moving forward.

Remember, over analysis creates paralysis. Just keep moving forward.

One day at a time. One step at a time.

Just keep moving forward.

Take note of 3-4 things that you absolutely hate about your business or organization.

Those dreaded burdens or tasks that you deem as profit killers.

Processes or systems that you know hurt your business. Yet, no one knows how to change them.

The thought of changing is so overwhelming that nothing gets done.

Instead of creating a manageable plan, you keep doing things as they have always been done.

Sacred cows do not go away easily.

I once was on a successful team where our motto was “what are we doing today that we could make fun of six months or a year from now”.

You know the type.

Either a technology or process where down the road you look back and say “can you believe this is how we used to do this?”

To look back and say, “what a colossal waste of time when we did THAT”.

Thank God we had the stamina and courage to take the leap and improve. Take on the new technology. Embrace a new system.

Just Keep Moving Forward.

 

Ready to Stop Being the Best Kept Secret

The question of the day: Are you Zarfing your customers?

Wait, what on earth is “Zarfing”?

So glad you asked! 

Let’s start here…

Does the morning kick-start with your favorite coffee?

Ah! Your morning cup of Joe. 

When you go through the drive-thru or walk into your favorite coffee shop, you are thrilled to get your cup of heaven. 

Your favorite cup of coffee delivers that satisfying, friendly and familiar jolt of awesomeness! 

However, one tiny negative about your delicious hot cup of coffee.

Well, it is hot!  

Sometimes too hot that could burn your hand. 

Yet, a high tech solution saves the day. 

Ever notice that little piece of cardboard wrapped around your cup of coffee? 

What an absolutely brilliant idea!

Don’t you wish that we would have thought of that one? 

A simple piece of cardboard to protect your hand from 3rd degree burns. 

Just think of the millions of pieces of cardboard wrapped around a coffee cup sold on daily basis. 

That piece of brilliance was founded back in 1991, simply as a preventative from burning your hand as you drink your favorite cup of coffee.

According to the Smithsonian Magazine, Jay Sorenson invented the cardboard coffee cup cover in 1991

Therefore, another question for you…

Do you have any idea what the name of that actual product is?

What is that “Cardboard Thingy” Called? 

According to the Cambridge Dictionary and Wikipedia, the “Cardboard thingy” around a cup of coffee is called a Zarf:

zarf is something that helps you hold a hot cup without burning your fingers. Don’t leave the coffee shop without your zarf!

Let’s throw on our Google Search Hat on for a second. 

Especially to help your customers and prospects. 

If you were searching for that “cardboard thingy” on Google, what would you type? 

Maybe something like, “Little piece of cardboard that prevents you from burning your hand”? 

Especially since very few people are familiar with the term Zarf. 

In addition, several other names represent this “cardboard thingy”. 

When Jay Sorenson founded his hand-saver, he called it the “Java Jacket“. 

 Other possibilities of names that you might type include: 

  • Coffee Cup Sleeve 
  • Coffee Cup Cardboard Cover 
  • Coffee Cup Jacket 
  • Burnt Hand Preventer 
  • Hot Coffee Finger Saver 

Check out this article: The Humble Story Behind The Ubiquitous Coffee Sleeve

How to Avoid Zarfing Your Customers

Let’s go back to the original question, are you “Zarfing” your customers? 

In other words, are you focused on the title of your product or service when your ideal customer is simply trying to solve the problem that they currently face. 

Do your customers actually know the name of your product, your services, and your solutions?

Those common everyday product names to you very well could be completely foreign to a potential customer or prospect.

Are you absoltuely certain what terms prospects are typing? 

Because if not, you might be “Zarfing” your customers.

So start asking your customers as you speak with them, how did they find you? What did they search on Google? 

Pay close attention to the problems that they have that need solved.

So next time you are thinking, “WOW! I love this cup of coffee!” 

Send thanks to the innovative Jay Sorenson for protecting your fingers from being burnt. 

Lastly, thank Jay for helping you to avoid Zarfing your customers. 

Prevent being burnt with a bad keyword strategy by focusing on the problem that your customer currently faces and desperately needs you to save the day. 

Bottom line: When you Stop Zarfing your customers is also a great way to Stop Being the Best Kept Secret

 

Niche Down til it Hurts So Good 

So how do you spell succes? Seriously?

I ask, due to the fact, for some reason I am unable to spell succes.

Literally. 

Ready for a hysterical story?

Here we go…

I enjoy putting out articles. 

My goal, or attempt anyway, is to create articles based around business, eCommerce or other motivational situations that cross my path.

This includes fascinating books, individuals, accomplishments, strategies, processes and succes stories. 

The articles find their way on my weekly blog

Then, the intention is to eventually post that blog on LinkedIn as an article. 

Well, one particular Friday, at six in the morning, I decided to post a recent article on LinkedIn

Due to other priorities or distractions, I had not posted on LinkedIn for nearly a month or so. 

As I pop onto LinkedIn to post an article, I notice that users can create a LinkedIn newsletter

Hmm… 

That sounded interesting. Wonder how long this will take? 

So, I start the process. 

It is super simple and literally takes a couple minutes. 

WOW, I could not believe how fast and easy that was. 

I don’t remember the exact order but it went something like this….

I grabbed a recent article and decided for SEO purposes to alter the headline. 

The original headline was “Pull Your Finger Out of a Glass of Water and What Happens?” 

Well, it dawned on me, there are lots of immature guys out there just like me who might reply with a “Pull My Finger” comment. (Google “Pull My Finger” if that didn’t hit home).

Anyway, I decided to change the title to “When You Remove Your Finger from a Glass of Water, What Happens?” 

Manufacturing eCommerce Succes

I then created the LinkedIn newsletter which required a title. 

Hmmm…

Well, it quickly hit me that everything we do is based around our tagline “Manufacturing eCommerce Success”. 

Our LinkedIn Live program, webinars, DWY training and even in my book “Stop Being the Best Kept Secret“, the term “Manufacturing eCommerce Success” is used. 

Basically, Manufacturing eCommerce Success is our mission, purpose, passion and war cry. 

Therefore, that was an extremely quick and easy decision for the title of the newsletter. 

Bam! 

It literally took 3-4 minutes to add the article and create the newsletter. 

Cool. 

Hit publish. 

Done. 

Wow! What a nice sense of accomplishment. 

Move on the the next item on the agenda for the day and truth be told, creating the newsletter was even not on my mind for that morning. 

That was an extra bonus for the day. 

However, within two or three minutes a LinkedIn friend from England drops a note. 

“Hey Curt, Thank you for sending me the request to join Manufacturing eCommerce Success which I have done. However, I noticed that the title of the article on the glass of water has a typo in it.  I believe you should remove the “of” in the title so it scans correctly. Kind regards”. 

When I changed the title, I accidentally left an extra “of” in the new title so it read like this: “When You Remove Your Finger from of a Glass of Water, What Happens?” 

WOW! 

It is such a gift and blessing to have friends who have your back. 

After thanking this dear friend,  he replied, “I have spent my whole life watching for errors in my own work.  I have become very observant when I see it in others.  I would not have said anything if I did not class you in my close circle.” 

Oh boy, did I appreciate that! 

He is super busy, yet, took the time to point out an embarrassing mistake. 

Phew! 

Now time to move on with the day after the sweet taste of humility. 

Slow down. Process. Proof your work. Focus on quality. 

Then it hit me, how did he realize so quickly that I created the newsletter? 

Soon after comments started hitting the post on LinkedIn. 

One of comments stated, “Thank you for the invitation to subscribe to your LinkedIn Newsletter.” 

WAIT A SEC! Hold the phone!! 

I did not send out an invitation. 

Lo and behold, once you create a newsletter, LinkedIn sends out an invitation to your ENTIRE network. 

More Embarrassment 

Well that wasn’t the end of my embarrassment for the day…

After completing a fun-filled Friday and ready to hit the weekend another email pops in with the headline, “Your LI newsletter has Success spelled as Succes”

 

Hi Curt,

Happy Friday! Thanks for the invite!

I noticed that “success” is missing an “s”.

Just wanted to let you know.

Hope to talk to you soon!

 

Then after laughing hysterically at my blunder with “succes”, I immediately pop into LinkedIn to once again fix another error. 

However, this was after discovering that LinkedIn does not allow you to change the title of your newsletter. 

After chatting directly with LinkedIn while also following up several times, as of this writing, Manufacturing eCommerce Success is still spelled with “Succes”. 

As of this post, several weeks later and numerous requests, my mistake still shines bright. 

So seriously, how do you spell Succes? 

 

Can you identify the profit killers in your business?

Unfortunately they creep up everywhere. 

These Profit Killers also play the role of Profit Thieves embezzling YOUR time and money everyday. 

Killing the chance of building a thriving business. 

If cash flow is tight or goals are not being met, can you identify what is the cause?

Chances are these profit killers sit right in front of us and we are too blind to identify them. 

In addition, how did those dreaded Profit Killers sneak into the schedule anyway?

It is not always easy to determine the difference between being busy vs productive.

Diagnosing where the profit killers lie within a business certainly can be challenging.

Time is the one thing that no one has a competitive advantage over another.

We all have the same 24 hours a day and 365 days a year to accomplish our goals.

The difference strictly falls on what we do within those 24 hours.

Therefore a few questions to chew on: 

  • So what is denying goals from being achieved?
  • Are you maximizing your time and efficiency as well as all resources?
  • Could profit killers be in the form of an unproductive employee that we hang on to too long?
  • When looking at the great entrepreneurs such as Jeff Bezos and Warren Buffett, what traits do they posses that delivers astronomical success?
  • Why is it that uber-successful entrepreneurs maximize their time so well?

One of the 10 Commandments states “Though shall not kill”.

Post a sign in your office, on your computer, on your bathroom mirror that says, “Thou Shall Not Kill My Own Profits”.

TOP PROFIT KILLERS AT SMALL BUSINESSES

Profit Killers can be disguised in the form of an actual asset on the balance sheet.

In other cases, profit killers come in the form of customers who are simply too high maintenance to service. Those sales from customers that beat us up on price where profitability is sacrificed.

Let’s take a look at potential profit killers roaming our businesses: 

  1. Spending valuable time trying to collect receivables
  2. Writing off too much bad debt from customers
  3. Overstaffed
  4. Too much inventory causing waste and spoilage
  5. Inventory theft: Internal or external
  6. Mismanaged time
  7. Inefficient system and antiquated processes
  8. Prices too low
  9. Hanging on to a bad hire: Unwilling to cut that toxic employee that hurts the business.
  10. Hanging onto unprofitable customers
  11. Ignoring technology
  12. This is how we have always done it”
  13. Unnecessary meetings (that go on WAY too long)
  14. Outdated machinery
  15. Low morale: Unhappy & unmotivated employees
  16. Top Heavy: Too many Chiefs burning the bottom line 
  17. Outdated facility or poor layout
  18. Bad location
  19. Poor marketing execution
  20. Overlooking price increases from vendors
  21. Production mistakes causing repairs and rework as well as unhappy customers
  22. Poor communication – internally and also externally
  23. Overinsured 
  24. Employee turnover
  25. Poor employee attendance
  26. Under bidding quotes
  27. Over paying suppliers and vendors
  28. Poor negotiating skills
  29. Trying to service too much bank debt as well as choking on interest
  30. Taking on projects and customers that fall outside of your wheelhouse 

In conclusion, let’s commit to banishing these dreaded profit killers so you can thrive and continue delivering amazing solutions to your customers. 

Wrapping it Up 

To learn more about Manufacturing eCommerce Success, please check out these helpful links: 

Please Leave Keys in Car! (Help Your Customers Win the Day)

So How do YOU Spell Succes? 

Stop Being the Best Kept Secret