Sales Techniques for Effective Entrepreneurs

Just last week we published our latest online course titled: ‘Sales Techniques for Effective Entrepreneurs’. This course has created such a buzz with 960 people signing up in the first 4 days. Our greatest launch to date.

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The course covers aspects of selling that are not normally covered in marketing workshops. We look at how to define your product, create a scripted sales pitch based on a defines sales funnel and the sales cycle. We chat about how to ask the right questions using the right content for the right audience at the right time. The course concludes with a look at a template to use for all future marketing campaigns. All together a very comprehensive course.

With Spring just around the corner for us in the south, we are offering a chance for you to participate in this course for half price using our spring coupon. Click HERE to access the course and pay only $10 for lifetime access to all the videos, handouts and notes.

This coupon is only valid until the end of September with a limited number of places, so first click first learn. Our gift to you, Enjoy Click HERE

By |2016-11-01T10:20:31+02:00August 21st, 2014|Business Resources, EI Clients, Entrepreneurship|0 Comments

15 tell tale signs that you may be an entrepreneur

This insightful article on Entrepreneur.com this week gives us an insight into what signs to look out for that could mean you may be an Entrepreneur.

The 15 signs are:

  1. You take action
  2. You’re insecure
  3. You’re crazy
  4. You’re obsessed with Cash Flow
  5. You get into hot water
  6. You’re fearless
  7. You can’t sit still
  8. You’re malleable
  9. You enjoy navel gazing
  10. You’re motivated by challenges
  11. You consider yourself an outsider
  12. You recover quickly
  13. You fulfil needs
  14. You surround yourself with advisors
  15. You work and play hard

Read the full article here

By |2014-08-20T12:47:19+02:00August 20th, 2014|Business Resources, Entrepreneurship|0 Comments

Presentation Skills 101-3 The Business Elevator Pitch

A business pitch is slightly different to the personal pitch. You get to expand this to 60 or 90 seconds, but the basic rules still apply.

If you can’t tell someone what you do in less than 60 seconds then you do not know yourself. The use of a well prepared elevator pitch is similar to an automatic weapon strapped to your waist. Always ready and well oiled ready for any situation.

The format of an elevator pitch is simple, if you get to know the format, you can adapt it for any situation and audience.

  1. Introduction
  2. Tell us you name
  3. Tell us what business you are from
  4. Tell us what your business does
  5. Tell us who your clients are
  6. Tell a Story
  7. What makes you different
  8. Share a specific example about your business
  9. Ask for Business
  10. Hone in on a specific need that your business is looking for
  11. Call to Action
  12. Give specific instructions
  13. Memory Hook
  14. Repeat your name
  15. Repeat your business
  16. Tell us your slogan

Your pitch should remain the same in respect to the format but be prepared to adjust the focus to become relative to your audience. Your story and call to action will be very different if you are speaking to a women’s convention or a businessmen’s breakfast. Learn beforehand who you are speaking to and be able and prepared to adjust this to capture the attention of your audience. Remember the six questions at the beginning of this document.

And once again practice, practice, practice, until you are confident.

By |2016-11-01T10:20:31+02:00August 14th, 2014|Business Resources, Entrepreneurship|0 Comments

Presentation Skills 101-2 The Personal Elevator Pitch

We are asked to introduce ourselves many times each day. This should be done in a short sharp 10-15 word sentence. Accompany this with your business card and a smile and you are already in the top 10% of people in the room.

So let’s look at the anatomy of a personal introduction. It needs to include the following information:

  • Your name
  • Your interest
  • Your job function
  • The business you work for
  • Call to action

Write these out in point form and then just string them together to make a sentence. Keep it witty and easy to understand. Drop any long syllable words and technical words and it should be done.

Remember that people want to do business with people before doing business with your business, so be a person first. Be interesting and show yourself, step out from behind the business mask and be the real you.

If you are stuck with this try some of the following techniques;

  • Mention your favorite sports team
  • Tell people of a recent accomplishment
  • Tell people about a book you are reading
  • Share a good bit about your family

The more you practice this the better you will become. Practice, practice, practice, until you are confident.

By |2016-11-01T10:20:31+02:00August 12th, 2014|Business Resources, EI Clients, Entrepreneurship|0 Comments

Presentation Skills 101-1 Introduction to Presenting

Public Speaking is one of the most feared and avoided tasks among modern civilizations. Apparently people would rather run naked through a crowded room or die of drowning than speak in front of a group of people. The good news is that unlike drowning, speaking does get better and easier the more you prepare and practice, not sure about the being naked part.

We are going to look at some simple techniques and tools that will set you apart from others and get you to a point where you can walk into a room with confidence knowing that you are confident, capable and prepared to handle whatever is requested from you. Winston Churchill said, “The best unprepared speech I ever did, was the one I prepared the night before.”

As an Entrepreneur you will be required to be prepared to pitch yourself, your business and your ideas to people at the drop of a hat. This week we will take you through the preparation of the following presentations;

  1. Personal Elevator pitch
  2. Business Elevator pitch
  3. Tips on Visual Aids
  4. More tips on presenting

The rules of any presentation are simple: Keep it simple. Unless you are presenting a scientific notation to a bunch of PhD graduates at MIT, keep it simple. People do not enjoy getting bogged down by detail. They are never impressed by your ability to show off how clever you think you are by using big words and techno jargon. Simple wins every time.

At the end of your pitch there are six questions that, if you could ask your audience, would grade the success of your presentation;

  1. Can they repeat your main points?
  2. Could they visualise what you were saying?
  3. Will they remember this tomorrow?
  4. Could they relate it to their own lives?
  5. Did they respect what you were saying?
  6. Do they want to talk to you afterwards?

Wow, heavy questions, but worthy of keeping in mind as you prepare your presentation.

Let us know of some of your presentation ‘YES’ and ‘OH NO’ experiences.

 

 

By |2014-08-11T11:07:00+02:00August 11th, 2014|Business Resources, Entrepreneurship|0 Comments

Missile Marketing 4: SACLOS

We have chatted about HOPE and MCLOS as ways to run your marketing strategies, but there is a more advanced technology used to fire missiles. Called SACLOS, Semi-Automatic Command to Line Of Sight. This allows the target to be loaded into some form of guidance system and then only minor adjustments are required to hit the bulls-eye.

Seen in military using wire connected torpedoes or guidance missiles led to their target using laser painted targeting systems. The outcome is much better than manual targeting or hope. But still requires some manual processes.

As example marketing online using Pay-per-click on FaceBook or Google. You can set up your desired target audience ahead of time and then start your campaign. It runs well, but may require some minor adjustments as it progresses.

This is also seen in live marketing such as Expos, talks or 1-on-1 marketing. A set structure is designed ahead of time and then may be adjusted according to the audience you are delivering to.

Effective and better than others discussed but still requires manual input and some form of intellectual strategy to get the best results.

But is there a better way? Could it be possible to Fire and Forget and know that you will hit your target. More on this in our next post.

By |2016-11-01T10:20:32+02:00August 1st, 2014|Entrepreneurship, Marketing|0 Comments

Missile Marketing 3: MCLOS

Being able to manually control a missile to its target has proved to be a huge advantage in the battle field. Looking at the current unrest in the Middle East, we see onside using ‘hope’ rockets just firing in the general direction of a target and the other side using technology where the missile is directed towards a specific building or vehicle. The outcomes are obvious. Once side has a much better success rate and far less collateral damage in the process.

What about your marketing. Can you use MCLOS technology in your campaigns. MCLOS stands for Manual Command to Line Of Sight. Giving you manual control of your marketing as it happens. This allows for minor changes in strategy and direction as your campaigns evolves.

This would exclude any form of printed advert in a newspaper or phone book with very little room for manoeuvre during its life span. It may be able to include handing out of flyers to the right type of people at the right time. Or it could include running online campaigns that you can adjust as you see things change.

But all these, as great as they are, require you to be in control and direct things as they change. It is expensive as well as time consuming. MCLOS requires hands on deck and a real understanding of your market, but gives you the ability to change and adjust as you go along.

Think for a moment how you could add a manual adjustment to your marketing campaigns that you are currently running or will run in the near future and implement this MCLOS strategy. But is there a better way? More in our next post.

By |2014-07-30T15:18:07+02:00July 30th, 2014|Entrepreneurship, Marketing|0 Comments

Missile Marketing 2: Hope

So many people run what I call HOPE based marketing. They place adverts online, in the phone book or local newspapers and then sit back and hope that someone reads them and calls with an order.

If you have ever, or currently use the word “hope” in connection with your marketing, you know that you are in trouble. In fact this word should not be used in any association with running a small business. Never hope money will be paid, never hope people will read your adverts, or hope they come to an event.

Turning hope into certain confidence is key to developing a solid marketing strategy that will develop your business into the future.

So our lesson today is: take a look at your business marketing strategy and where you ‘hoping’ that things are going to work, start to change these. In our next post we will begin to discuss more productive ways to target your customers

By |2014-07-28T13:16:06+02:00July 28th, 2014|Business Resources, EI Clients, Entrepreneurship|0 Comments

Doing Business in Africa

This week we attended a workshop presented by the Cape Chamber of Commerce on the challenges of doing business in Africa. Some very interesting speakers were present; here are some snippets of their wisdom:

Identified Risks

  • Non payment of accounts
  • Exchange control issues with unstable currencies
  • Problem and expense of moving people around different regions
  • Many different staffing regulations
  • Credit risk insurance
  • Freight and logistics issues
  • Labour unrest

Some recommendations

  • Find quality partners in each region before launching a new venture
  • Visit places personally, do not do internet meetings
  • Mitigate risks by investigations and relationships
  • Cover all your bases with legal contracts and clauses
  • Build in arbitration and mediation clauses into all contracts
  • Do not hurry business deals, let them evolve at their own pace
  • Plan for the worse, hope for the best

Even with all the challenges and risks, Africa remain the most lucrative market on the planet with countries boasting growths in excess of 25%. First one in gets the catch.

By |2016-11-01T10:20:32+02:00July 25th, 2014|Business Resources, EI Clients, Entrepreneurship|0 Comments

Missile Marketing 1

In military terms there are four ways to fire a missile.

You can aim as well as you can and fire and HOPE that you will hit, or come close to the target. You can use a more sophisticated missile and guide it as it goes using MCLOS or SACLOS or you can use super advanced guidance using FAF technology.

In this series this week, we will use missile targeting to look at four ways that your marketing could be running. Each has lessons that we will chat about.

By |2014-07-23T10:48:36+02:00July 23rd, 2014|Business Resources, Entrepreneurship|0 Comments