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May 18, 2007

Is Your Marketing Mindset Sabotaging Your Business?

Featured Article of The Month


Is Your Marketing Mindset
Sabotaging Your Business?


A few months ago I met with 2 prospective consulting clients.

Both businesses were similar in size. Both of them wanted to grow their business and I gave both of them had about the same amount of information on how my Marketing Blueprint Developer system works.

One of them signed up as a consulting client and the other did not. Which is fine, because not every business out there is the right fit for my consulting services. But this is not about me... it's about the biggest obstacle most small business owners face on their road to THEIR Business Success!

As I headed back from the second meeting I was struck by the difference in their Marketing Mindsets.

The first business owner asked me how much money his INVESTMENT in my services was going to make him.

The second business owner asked me how much money my services was going to COST him and then he said "I love what I've heard and I want your help. I'll call you as soon as I have the money..."

The second business owner's approach accounts for about 90% of small business owners and it's why their busiensses don't grow. Marketing your business is not a COST of doing business. Your rent, electric bill, office supplies, etc., are a part of the cost of being in business

The sole purpose of marketing is to make you money. Money spent on marketing is an investment and you should be focusing on how much money you'll be making as a result of that marketing campaign.

Unfortunately most small business owners will never accuire the right mindset and achieve the level of success they are looking for.

Here are the statistics on small business growth according to
Chet Holmes: Marketing Consultant to GLOBAL 1000 companies:

  • 95% of all companies will never reach
    $1 million in Annual Sales
  • Of those, 95% will never reach $5 million
  • Of those, 98% will never reach $10 million
  • Only one in 25 companies even last 10 years

Your Marketing Mindset is by far the biggest obstacle you will face when growing your business.

While it is true that if you don't invest in marketing your business, your business will not grow... This does not mean you should just throw your money around.

You should know exactly:

  1. Who you are marketing to?
  2. How much it will cost to get each new customer?
  3. Where you should spend your marketing dollars?

If you are wondering what happened with the two busieness owners.

The one of them retained my services that same day and has already doubled his profits. The other is still waiting to make money so he can invest in marketing his business. What is your marketing mindset?

To help you with your marketing mindset I have prepared a FR>EE Gift for you.


"Is Your Mindset Sabotaging
Your Marketing Efforts?"

Click here to download your FR*EE Guide

Continue reading "Is Your Marketing Mindset Sabotaging Your Business?" »

May 27, 2007

Do you know when to stop?


Diamonds are only chunks of coal

that stuck to their jobs, you see.

-- Malcolm Forbes

We've heard this many times before "You have got to stick to it if you want to reach your goals."

I know that many times just making the decision to stick to it has brought me the results I'm looking for

but there is the flip side...

There have been times when I stuck to the wrong thing and it cost me a lot of time and money.

How about you?

How has your determination paid off for you in your life?

Determination alone will not give you the results you are looking for.

Do you know when to continue pushing forward and when to let go of a project or an idea?

Sometimes the biggest challenge is knowing whether to keep on or to let go.

Most of the time the answer is in knowing how to develop an implementation plan that will work for you.

I have been successfully using a 7 step Implementation system for over 20 years.

It's great for implementing marketing and business strategies.

You'll find the 7 steps here:
http://ImplementationSecrets.com

About May 2007

This page contains all entries posted to Marketing Grapevine in May 2007. They are listed from oldest to newest.

February 2007 is the previous archive.

Many more can be found on the main index page or by looking through the archives.

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