Going from Good to Great - ISSUE 13 - 9/20/11

As a fellow business owner, I realize establishing a business encompasses more competition in the marketplace than ever before. Every time I go on Twitter, Facebook, or LinkedIn I see loads of business owners working diligently to grow their business utilizing technology and the mass number of eyeballs viewing the respective websites.

There is no doubt the networking websites have become increasingly saturated with other like-minded individuals doing the exact same thing you are. As of 2009, there were 27.5 million small businesses in the United States alone and on the web you are dealing with business owners from around the globe (www.sba.gov).

If you take a moment and think about the number of industries and business types, there are only about 1170 different business types to choose from (www.smallbusinessnotes.com). If you do the math, there are a lot of people to compete with. This shouldn't intimdate you. As long as you are practicing the correct behaviors, you should be able to go from a good business owner to a great business owner.

One way for you to do this is to build long-lasting relationships with each and every current or potential customer/client you come in contact with. This doesn't mean you have to become everyone's best friend. I have personally tried that and it made me miserable. Now, I'm not telling you to be unfriendly. That's completely opposite of what I'm saying. I'm telling you to be friendly with everyone, but don't be too friendly to the point you will be disappointed if the person doesn't want to do business with you.

Everyone has different objectives, different thoughts, and different ideas of who they would like to be friends with and/or do business with. All you have to do is treat everyone with the utmost respect and friendliness and they will want to come back to you for their business needs time and time again.

Next, always be available to those who matter most. Believe it or not, if you don't answer your phone, you could potentially lose a lot of money. Today, people are exceedingly impatient and want their needs taken care of immmediately. If your potential or current client tries to reach you and you don't answer the phone, they not only will not leave you a message, but they will go to the next person on the list without any thought, remorse, or hesitation.

If you aren't able to talk on the phone, do your very best to answer it just to tell the person their call is important to you and you will call them back as soon as possible. This behavior goes along way in the world of business because there is so much less personal touch with technology nowadays that people feel like you or other people don't care.

Lastly, when someone chooses to do business with you, make sure to show your gratitude and appreciation. Remember, you worked extremely hard to acquire your customers. You don't want to waste all that money and time on trying to acquire new customers when repeat customers are exponentially more satisfied, easier to sell to, and can build your business much faster than dealing with new customers every day by sending your referrals.

One of the best ways to do this is to send your customers a "Thank You" card and to keep in touch with them on a regular basis. You don't have to call them every week to see how they're doing or if they need anything. This behavior will annoy them and they won't want to do business with you any longer.

All you have to do is send each customer a quarterly card. Make sure each card provides value to your customers whether it be for a Birthday, Holiday, or any other special event. Don't forget to tell your customers about your latest promotions but keep in minimal. These cards are not to sell your customers so be very careful and thoughtful about what you say. A perfect service for doing this is called SendOutCards (www.sendoutcards.com). If you haven't heard of it before, it's a must-see.

Although there are many ways to move your business from Good to Great, just remember to always go above and beyond for your customers. Afterall, without them, you don't have a business nor income.