The Problem
As a small business coach, I’m constantly curious about how the business owners I meet are doing. When I walk into a business, I automatically ask how business is going for them. And, I listen to their answers and take note of the challenges small business owners are having.
Many small business owners are experiencing the biggest challenges of their business lives. I speak with small business owners who have lost 40% of their business in the past year. Good people who are struggling in this new, slow growth, economy.
This is wearing them down in terms of their stamina, motivation, and ability to even keep their businesses afloat.
The solution
At the same time, I have a client I am providing small business coaching to who has increased his business by 40% in the past 3 months. What is the real difference between successful entrepreneurs in this new economy and those who are struggling?
As the slow down in the economy, with high unemployment and increasing challenges for small business owners continues, there is one thing that successful entrepreneurs are doing that other small business owners aren’t.
They have come to grips with the reality that in this new economy, customers are both holding on to the cash they have and literally have less cash to spend. And, as this new slow growth economy unfolds, they are going to have even less cash to spend.
What is YOUR solution as a small business owner?
The answer is in building incredibly close – very deep – relationships with your clients and customers. And, then provide them with the specific high quality products, services, solutions that they want.
The customer is the king and queen of the day. And, the small business owners who are having the greatest business success are focusing their attention on building close, deep relationships with their customers.
Millionaire Coach
What are you doing right now to build more value with your customer?
Coaching: Reach out to 5 customers today. Not to sell them something more but to express to them your gratitude for their doing business with you. Ask them what they most need at this time. Then listen and build rapport with them. Let them know you care about them as people. Focus on building the relationship. In the new economy, making your customer first is the real key to millionaire success.
YOUR solution is creating a specific, targeted program for building lasting relationships with your customers.
Build strong relationships with your customers. If you don’t, someone else will.
Your Small Business Coach,
J V Crum, III, M.B.A., J.D., M.S. Psy
Millionaire Coach and Millionaire Mentor
Founder, Conscious Millionaire Institute, LLC
Director, Conscious World Foundation, Inc
www.ConsciousWorldFoundation.org
Keywords: small business coach, small business coaching, business coach, millionaire coach, millionaire mentor, business success, successful entrepreneur, small business owner, conscious world