Claim Your Clients
April 22, 2009 by Mary Wynne-Wynter · Comments Off
A friend told me she and her partner had been looking at a mirror in Ikea for 6 months. It started at $70 and although it kept getting marked down, they didn’t buy it because they didn’t need it. The other day it was $9.99 so they bought it and put it away for now.
Several solo business friends commented that if it takes that much discounting to sell a product in this economy, how can professional and creative service providers sell?
Well, there’s always another store discounting their mirrors. But you’re the only one who does what you do and that’s how you (your global microbrand) show up everywhere.
And once a person shows up in your “store”, you have the ability to sense their unmet needs and you have the systems in place to immediately begin sharing with, inspiring and supporting them. When they’re ready to purchase, they’re already your treasured client and the project is already in process. If they don’t buy you still get a return on your natural influence: learning, content and permission assets, social capital.
You’ve shifted your consciousness from being attached to specific results and outcomes to being poised and ready to receive from indirect channels that unexpectedly appear when you’re not waiting and not urgently pushing for them. You’ve released your concerns and worries to a higher power so you can focus on creating and being of service.
I hope these statements hold at least some truth for you. If so, you’re probably unconcerned with discounting to make a sale.
Wormhole image credit: visualparadox.com
Solo PSF Business Models – Pt 2
April 8, 2009 by Mary Wynne-Wynter · Comments Off
In Pt 1: Evaluating solo professional service business models, I pointed out the importance of building content assets. I included this old slide that is somewhat outdated but I think still highly relevant.
A few readers asked: what do you mean by build system (or process) assets?
Going Solo Presentation - Babson:2005 - Mary Wynne-Wynter
The systems I refer to are unique to the solo professional who may also license or own systems such as financial planning or CAD. You might take your unique systems and process for granted, until or unless you’re expected to deliver equivalent value differently.
The tools you use may be widely available, simple, open source or even free. But how you use, integrate and continually refine and upgrade them to service, support and (hopefully) delight your clients is valuable asset.
For example, I integrate wiki’s, social media tools, tagging and rss feeds as an integral shared learning system between me and my clients. Anyone “could” do it, but I’m the one who does it. Simple does not necessarily mean “easy to copy”.
The solo business model you choose may preclude your building system assets. That may work out great for you as long as you’re aware of, and take the time to evaluate, the pros and cons of the model you choose.
Solo PSF Business Models – Pt 1
April 8, 2009 by Mary Wynne-Wynter · Comments Off
I was recently talking to a friend, a marketing professional, who was leaving her job to go out on her own. When I asked her if she wanted ongoing contract work, specific projects or to design her own program(s), she said it really didn’t matter to her.
That conversation reminded me of a workshop I gave at Babson 4 years ago about Solo Professional Services. I dug up what I considered the key slide, and the one that caused the most confusion. The audience didn’t understand the evaluation criteria: “building assets”.
Going Solo Presentation - Babson:2005 - Mary Wynne-Wynter
The presentation is somewhat outdated, but I think that confusion about building assets still exists. A model based on branded content ownership and control is not the recommended model for everyone. But as de-jobbing accelerates and independent professional service providers fill the gap, its more important than ever to fully evaluate and understand the short and long-term implications of the model you choose to provide your services.
Related Post: Solo PSF Business Models – Pt 2
Alignment Pricing Your Professional Services – Its a Conversation, not a Proposal
December 9, 2008 by Mary Wynne-Wynter · Leave a Comment
I’m playing around with my business right now. Its one of the great things about being an independent and an entrepreneur. You can try things.
This week an impulse to do something innovative with my fees just took hold. Granted, I’m interested in shifts to buyer power and business models like VRM that have sprung forth from that shift. But it just felt really important to take action as long as what I did passed my basic criteria that it be integral, that is:
- good for me and my business
- good for my clients
- good for my community
- some kind of greater good
I just feel so strongly that a lot of people need my help and I want to make it easier for them to get it and for me to give it. Its as simple as that; in fact it always has been but our resistance gets in the way of what’s easy and simple and creative.
Since the dawn of professional services we’ve made setting fees difficult and complex because we’re attached to and identified with a lot of beliefs and assumptions about them and the clients who pay them. I’ve decided to not believe, assume or expect that anymore. As a result of that shift, I’ve published “suggested fees” for my programs and will encourage anyone who has concerns or issues with the fees to converse simply and openly and honestly with me to align our:
- intentions
- readiness
- perceptions of value
- desires
In so many ways, personal, professional and social, we’re starting things over and we’re in it together. That’s why I want aligned partnerships, based on trust and focused on new direction and positive change. So I’ve decided to be that partner and give the fees space. They’ll find their natural level and I’ll have more time to play, dream and innovate.
Differentiate Your Professional Service Practice
December 4, 2008 by Mary Wynne-Wynter · Leave a Comment
Photo credit: Wessex Archaeology's photostream (coastal and marine set) on Flickr
I get asked over and over by some people about what kind of coaching and consulting I do. They seem to have a preconceived notion, or perception of it and then attempt to reconcile my explanation to somehow fit their worldview. Sometimes I can’t figure out if they’re curious and trying and wanting to understand, or just not listening.
But now I’m realizing that people are pulled out of their comfort level when they’re in the depths, and the depths is my space.
I work with people at the level of often hidden assumptions, expectations and beliefs. In organizations, its collections of those – the culture. I use metaphysical metaphors to support the change facilitation process. I shouldn’t be surprised that people want to stick their toe in the water many times before they risk getting a touch of the bends.
I’m blogging this because I’m getting a sense that there’s a growing desire, or movement, or response to series of crises, to go deeper: in life, business and self-awareness. I think its a great sign that people and businesses are showing willingness and readiness to move beyond the surface of their experience, and with a leap in faith, take the plunge into what’s deep and unknown…that with which we identify but which contradicts what we want and where we want to go.
I don’t believe that “going deep” is only within the realm of professionals who focus on “people” issues. Accountants, consultants, health professionals, lawyers, technology professionals, etc, can practice recognizing opportunities to serve clients at a deeper level. It starts with allowing more space for conversation and sharing, being present without an agenda, and being willing to think differently about everything we and our clients think we know.
Uncertainty is the new reality for our clients. We can help them make it their pivot point of power from which they can create and direct their change and growth, if we dare to be different.
Solo Professional Service Providers: What Business Are You In?
October 14, 2008 by Mary Wynne-Wynter · Leave a Comment
We’re in a financial crisis and possibly an economic downturn which means there’s even more advice being given, targeting independent professionals, than in more stable times. Most of it’s marketing related: being seen and heard, getting blog traffic and comments, building links, viral methods, etc. Its easy to get swept up in the speed, urgency and sheer volume of what you “should” do to succeed .
I suggest checking in with yourself and going the other way: slow down, be still and narrow your focus.
Early in 2008 I was deeply moved reading Suzanne Pleshette’s obituary and her philosophy about the entertainment industry and I blogged about it back then. I believe her philosophy is even more significant now:
“I’m an actress, and that’s why I’m still here,” she said in a 1999 interview. “Anybody who has the illusion that you can have a career as long as I have and be a star is kidding themselves.”
I believe that much of the great advice out there is for those who aim for stardom and not for actors. Solo psf’s are actors (although some are both). Know the business you’re in. You see, clients don’t care about stars. Clients are the most selfish species on the planet and they only care about themselves and what you’ll do for them. And rightfully so – its what they pay for and trust in! If you identify with the business of being a star, clients will quickly pick up on the vibe that its about you first, not them.
I’m not saying to ignore or discount great advice and information but rather that you filter it through a solo professional firm’s lens and follow and adopt it from a “client first” perspective. Remind yourself daily about the business that you’re in and commit to it for the long term.
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The RedShift Web Site Pages and the corresponding Blog: Creating Natural Influence, do not enable comments. I'm more comfortable getting feedback on social sites than here, where the work is so close to who I am, where I've been and where I'm going. If you have a comment or question, or would like to suggest a topic for an upcoming blog article, please contact me. Thank you.
