It's the same old tune.
I sat there listening to a man with good ideas who was nevertheless stuck trying to get them to market. His short-cropped, grizzly grey hair and the lines on his face told a dozen stories about his trials and tribulations.
"You know why most businesses fail?" Ron said. He didn't wait for my answer. "Undercapitalization. They can't get enough money together to kick things off and hang in there until they get enough customers."
I nodded. "Sure. I've heard that one a hundred times. Ever wonder why?"
Ron blinked. "Well, I always thought it was about who you know. If you don't have the connections you might as well forget it."
"If that's so, then why was New Coke such a failure? Coca-Cola certainly didn't have a capitalization problem. And they knew plenty of people."
"Yeah, but that's Coca-Cola," Ron said. "I'm talking about the small businesses. We don't get that kind of edge."
"Ron," I said, "You have all the edge you need. But the reason you aren't getting the attention you want is simple."
Ron sat back and crossed his arms. "All right, my friend. Tell me what I need."
I smiled. "What you need, Ron, is a new pair of eyeballs."
"What?"
"You keep looking at what you do through the same eyes. Your eyes. What if you could see your product the way your potential customers will see it?"
"Yeah, sure," Ron snorted. "Just hand me that crystal ball.
"Don't need one," I said. "Because I've got something better."
Push Vs. Pull
Ron was making the same mistake many of us make. He kept pushing his own vision of his value out into the world and expected others to get it. When they didn't, he blamed everything but the real culprit.
Himself, of course.
In companies from high-tech to the neighborhood grocery, the ones who deeply understand their market and the people they serve are the ones who survive and thrive. You must take the time to understand what you do best and then learn to perceive your unique value the way your ideal customers do.
It's hard work that requires self-knowledge, imagination, and some research. The good news is that the results enable you to do the kind of outreach that brings customers to you.
Here are four suggestions for getting started:
Relationships Begin with Your Interest in Others
In the end, the relationships you build with your ideal customers begin with your honest, heartfelt interest in their problems. People will know when you are driven soley by the quest for money. Sure, we all need to earn a living, but when we allow ourselves to be driven by the need to feed, so to speak, we give off an aura of self-absorption that sends a negative message to the world.
But if you focus on really seeing what your customers want from you and deliver that as completely and as positively as you can, the money will take care of itself.
Isn't that right, Ron?
***
Michael Knowles, co-author of The Entrepreneur's Concept Assessment Toolbook (available at http://www.booklocker.com/books/1988.html or Amazon.com) helps businesses take what they do best and focus it on success. A Principal in One Straight Line LLC, Michael has over 25 years of experience helping companies create communication strategies help them engage customers, employees, investors, outsourcing partners, and the community.
Michael can be reached at mknowles@onestraightline.com.
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