A recent statistic shows that 93.4% of all entrepreneurs believe that it is harder to grow a business in today’s environment than 20 years ago. We believe this is only true if you do not understand what is available to you as a business owner or someone who is in charge of business development for your company. At our workshop we revealed why it is actually easier to grow your business today, and explain the practices you as a business person must engage in to grow your company’s sales, profitability, cash flow, and enterprise value.
At our workshop, we discussed the following:
Why the traditional methods of hiring and utilizing salespeople are outdated, ineffective, and flat out a waste of money?
Why Making Business Acquisitions is essential to rapid growth and how to get started playing this game?
How to make money in your sleep online. How the world of E-Commerce is truly changing the landscape of business and how to use the Internet to vastly expand the marketplace of customers you target?
A key strategy for protecting your wealth. We will reveal a strategy of the “Superrich” that can actually be used by any entrepreneur at any level.
5. “Where there is no vision, the people perish, but happy is he who
keeps the law.”
PROVERBS 29:18
6. Hope -- this definition stems from the ancient Greek and Hebrew
definition.
A WELL-FOUNDED AND CONFIDENT BELIEF THAT A
SPECIFIC VISION WILL BE ACHIEVED OR FULFILLED
WITHIN A SPECIFIED AMOUNT OF TIME.
7. Hebrew- Yachal: Trust. To patiently endure because of assurance
that something will happen.
Greek- Elpis: To expect or anticipate with pleasure.
THESE DEFINITIONS OF HOPE ARE DIFFERENT FROM OUR
CONTEMPORARY USE OF THE WORD WHICH IMPLIES A
WISH THAT MAY OR MAY NOT BE FULFILLED.
8. “Hope deferred makes the heart sick: but desire fulfilled is a tree of
life.”
PROVERBS 13:12
10. Two Fundamental Methods of Growing a B2B Business
1. OUTBOUND MARKETING
2. BUSINESS ACQUISITIONS
11. Outbound Marketing
THE PROCESS IN WHICH A B2B COMPANY ACTIVELY
PURSUES PERSONAL AND PHYSICAL INTERACTION WITH
ITS TARGET MARKET FOR THE PURPOSES OF SELLING
THEIR PRODUCT OR SERVICE.
12. Components of an Effective Outbound Marketing System
1. PROSPECT LIST
2. HUNTER/FARMER
3. CRM SYSTEM
4. CLOSER (SALESPERSON)
5. ONLINE TECHNOLOGY (AUTOMATED EMAIL
MARKETING/SOCIAL MEDIA/COLLECTION PROCESS)
The purpose of outbound marketing is procure new customers and
make them happy so that they can eventually refer you other
potential happy customers.
13. WHAT PREVENTS B2B BUSINESS OWNERS FROM IMPLEMENTING
AN EFFECTIVE OUTBOUND MARKETING PROCESS?
THE NOTION OF HIRING A SALESPERSON TO
COMPENSATE FOR A LACK OF AN OUTBOUND
MARKETING SYSTEM
14. Business Acquisitions
A. AN EFFECTIVE WAY TO DOUBLE OR TRIPLE THE SIZE
OF YOUR BUSINESS.
B. A GREAT STRATEGY FOR SMART/SAVVY BUSINESS
PEOPLE.
17. Business Acquisitions
WHAT DRIVES BUSINESS ACQUISITIONS IS THE
UTILIZATION OF FINANCIAL STATEMENTS OF THE
ACQUIRING PRINCIPALS, THE ACQUIRING COMPANY,
AND THE TARGET COMPANY.
18. Two Types of Business Acquisitions
1. FOLD IN TRANSACTION
2. STAND ALONE TRANSACTION