Ya Gotta Know Your Audience!string(28) "Ya Gotta Know Your Audience!"

Image courtesy of stockimages / FreeDigitalPhotos.net

Image courtesy of stockimages / FreeDigitalPhotos.net

We were having some wine the other night with a friend who had just come from a private jet show in Geneva, Switzerland (sounds like fun!). He was telling us about what a great job one of the exclusive, high-end private jet companies had done to wow their potential customers.

He said that they gave a new iPad to each invited guest in which they had loaded all the specs for their various jets, including apps that let the prospects choose the plane they were interested and create a custom interior from all their choices – woods, carpeting, leathers, etc . . . They could see what their new plane would look like right there on the spot. Brilliant!

Everyone seemed extremely impressed with this high-tech marketing tool, until it was handed to someone my friend recognized immediately – Bill Gates, Founder of Microsoft.

His words? Something like, “Thanks, but no thanks.”

Someone had failed to think about how the Founder of Microsoft would react to being handed an Apple product to use in the process of a potential sale. It’s a small detail, you may think, but you really have to know your audience. What may seem like a small detail to you could end up being huge to your potential customer and could make or break the deal!

Have you witnessed a situation where someone didn’t think about their audience and blew an opportunity? If so, please share it here–I’d really like to hear about it.  Thanks!

Think You Don’t Need a Network?–Think Again . . .string(61) "Think You Don’t Need a Network?–Think Again . . ."

As a small-business professional or entrepreneur, how do you:

  • Get advice and help when problems arise
  • Gather the information you need for making important business decisions
  • Identify your markets and locate potential clients?

Unfortunately, most people get help in times of need from individuals or businesses they don’t know well. Instead of anticipating and planning for needs and emergencies, they are forced to react to every situation. They search the internet or ask friends and associates to help solve problems or recommend solutions, even though these people may not have the necessary expertise, and the sources they recommend may have little relevance to or experience with the business operation that is in need.

As a small-business owner, you don’t have the built-in resources to employ a management team to plan ahead, proactively problem solve, obtain and maintain ready access to vital resources–information, personnel, funding–and make informed decisions quickly in an emergency.  What you need is the functional equivalent of a management team and that is exactly what a network is for!

Your network is a systematically and strategically selected group of people on whom you can call as the need arises. It is a diverse, balanced and powerful system of sources–people from all facets of the business world–that will provide referrals, information and support in key areas of your business or profession, over both the short and the long term.

So, if you know someone who doesn’t want to put in the time and effort to establish a network because he thinks his business is just fine without one, do him a huge favor and explain why he needs to think again.