Although I work with many different types of businesses, there are several issues which clients experience time and time again, and I’m going to share these with you so you can apply them in your business.

Sometimes I’ll find myself saying this one several times in one day to different people.

“You might find it helpful to set some targets for your business.”

Now of course this sounds completely obvious (like many things I find myself repeating) but it surprises me how many businesses have only the vaguest targets.

Without a set of targets, you’ve no idea whether you’re doing well or not.

If you haven’t aimed for something, you don’t know if you’ve hit the right thing. Imagine a darts player just throwing the darts at the wall of the pub, with no dartboard. You’d imagine that he’s a madman, just throwing darts randomly – surely that’s dangerous?

There’s something strange about the act of setting targets for your business. When you set a target, as long as it’s realistic, you’re pretty likely to achieve it. Some people who have discovered this effect have thought that there’s something magical about it, something caused by the power of thought. But there’s nothing magical about it –

You’re more likely to achieve an explicity target if it looks like you’re not going to reach the target, you’ll do something about it.

If you’re selling shoes and you’ve been told that each day you need to sell £500 worth of shoes, and by 2 o’clock in the afternoon you’ve only put £65 through the till, you’ll know that you’d better be nice to the customers and sell some shoes. You’d pay attention. But if you think of your job as just standing around and making sure that no one steals the Jimmy Choos, it will be a different story.

Setting targets focuses your attention on what you need to do.

If you know that you need to do more networking, set yourself a target for how many networking meetings you’re going to go to each month, and how many catch up coffees you’re going to have with people who might send business your way. If you know that you need to get more clients of a particular kind, make that your target. If you have something which consistently gets pushed out of the way because other things are more important, then make sure it’s on your target list.

I’ll write another, more technical, article soon about how you set targets, and how to monitor them, but get thinking about what targets your business needs to set and reach.

I wrote recently about the businesses I can’t help, so I thought it was only fair to write about whom I can help.  It’s tempting to write this as a sales pitch, but I’ll resist temptation and try to be more objective instead. My strap line is that I help small businesses who want to be bigger businesses.  I specialise in businesses with less than 30 employees because the smaller businesses are the sexy exciting ones. The businesses where I can make the most difference are the ones where the owner is committed to growth, and knows that he or she needs some help and support to get there.  Where the owner wants to get to be a bigger business, but doesn’t really know how to go about it. Imagine a two-person design partnership.  They’ve developed some demand, and have some good clients, but they are uncertain how to move from doing all the work themselves to being able to manage other people doing the work.  If you’ve read any of Michael Gerber’s Emyth books then you’ll know that there’s a key growth stage in stopping doing the work yourself, and getting others to do the work, while you become responsible for developing and running the business.  The temptation for our design company is to carry on doing all the work themselves, getting more and more worn out by servicing clients, or by not spending any time on marketing, they risk running out of new business.  Or both. In this situation I can:

• Identify what sort of work the lovely designers need to go after
• See what how they need to price their work to remain competitive, but have enough to be able to afford to pay other people to do the production and improve their profits
• Help them work out what marketing activities are going to work best for them
• Refocus them on marketing, so they can attract new clients
• Make sure they do the marketing, by being there and reminding them of what they promised to do

Of course, my lovely designers could do all of this themselves, but what do they get extra by paying me to help them? I’d say they get:

• The courage to charge more money
• Some fantastic new ideas about marketing, which they maybe wouldn’t have been able to come up with themselves, because I spend all my time seeing what works and stealing other people’s tactics
• Someone to be accountable to – so they can’t just slip back to their old habits, but are reminded that now we’re doing business in a different way.
• Someone who gives a damn.  This sounds obvious, but how often do you have someone who actually really cares about whether you succeed or fail, and have that person be someone who knows what they’re talking about.

Let’s take another scenario, this time of a bigger business.  Here’s a company which has been running for a while.  They have 12 staff, so they’ve got over the delegation issue, and they’re nicely profitable.  But, the director knows that she doesn’t want to spend the rest of her life running this business – at the moment it’s still fun, but she wants to sell up in 3 years time.  And, she wants to have enough money to do something else after that, or to do nothing at all for a while.  In fact, she knows that she wants to sell for upwards of £1.5m. Why would she want to get the woman with the curly hair and glasses in? Our director (we’ll call her Alice) needs some help to achieve her target of a sale in 3 years with a price tag of £1.5m.  Where I can help is:

• Assessing how much turnover and profit she needs to bring in to make the business worth that million and a half, and make sure that the business is working in a way which will maximise the sale value.
• Working on a much bigger marketing strategy to build up the business
• Helping with the recruitment of a really hot sales director to bring in the big sales which are going to add up.
• Supporting Alice in all the little problems that come with growing a business, so she’s got someone to go through things with her.  Again, this is about giving a damn, and getting help from someone who has been through this themselves.

That should give you an idea of the sort of businesses I work with and how I make a difference.  If you would like to talk about how I can help, you know where I am.

This week I’ve been helping people with boring businesses. That is, the businesses themselves aren’t boring, nor are the people who run them, but the businesses look just the same as their competitors, and there’s nothing to make someone want to buy from them or even notice them.  Any differentiation has just been on the nebulous ideas that “we’re nice chaps” or “we’re really good at what we do.”  But of course, everyone thinks that they are a nice chap, or that they’re the best, but you don’t have any evidence of it.  I’m really lovely, and amazing at what I do, but how do I prove it to you?

Anyway, people don’t spend money with you because you’re nice.  Particularly at the moment, with the new rule that it’s bad to let any cash out of the door, people are only going to spend money if there’s an amazing reason for it.

To get people to buy from you, you have to get them to notice you first.  My friend Aida is this one that you want – Attention, Interest, Desire, Action. She’s great Aida, a lovely girl.  And you won’t get even the first letter of Aida’s name if you’re boring – no one will even notice you.

Boring businesses include:

Many people set up a business as if they’ve been to see the careers advisor at school. I’m going to be a nurse, fireman, trainer.  They see what they’re good at, and there’s a category of business which they fit into.  No wonder they’re all the same – they’ve been designed to be the same as everyone else.  Does this sound familiar?

I’ve worked with lots of these businesses, and my first starting point is always how do we make this into something remarkable? We need something which makes people notice it, and even more importantly, talk about it, tell stories about it.  I’ve written elsewhere about the marketing advantages of running a remarkable business , and Seth Godin comes back to this point time and time again in his writing about marketing and business.

My technique when faced with a boring business is to dig deep into what’s really going on with the business.  Is there a niche of customers that the business is really good at servicing?  Concentrate on that seam, establish a reputation for excellence and that reputation will spill over into everything else you do.

Do the business owners have something that other people don’t have?  Jacky Misson at Nido Marketing has made telesales (a boring business if there ever was one) into something exciting, purely by force of her personality.  Because Jacky is so excited about her business, and the act of getting on the phone, she makes you want to engage Nido – her enthusiasm and sense of fun is infectious.

Is there an idea you can steal from somewhere else?  I recently told a café owner that I wouldn’t eat in her café – and she said she wouldn’t either!  No wonder she isn’t making any money.  I set her some homework to go to some great cafes and work out what makes them great – and then we can work on some ideas to steal, once we know what works somewhere else.

Have a look at your business and see what’s there under the surface, or what you can creatively swipe from other people.  Make it different, make it remarkable and then you can work out how to tell people about it.

I’m a big fan of networking to build your business.  I’ve written about how to get started with networking, what to expect when you go to a networking group, and here’s a list of which business networking groups to go along to in Brighton.

So here I want to go over a few things not to do when you’re trying to build your networks and make friends with people, especially when you’re at a business networking event.

While it’s great to follow up and say hi after you’ve met someone, it’s really not a good idea to send this “damning with faint praise” email.

“Just a short follow-up note to say what a pleasure it was to meet you at the BHCC Breakfast on Friday.  Your work sounds interesting and I will bear you in mind for those of my clients who could be in need of your type of service.” I’m really not expecting any referrals from this guy, who has obviously sent the same email to everyone he met that morning, and possibly everyone he has ever met in his whole life, including his mum.

Then there are the people who “work the room” and collect as many cards as they possibly can, without taking any real interest in anyone, and certainly not making any friends.  If you can meet 3 people and have a genuine conversation with each of them, then you’ve had a successful event. Networking is about making relationships, not collecting people like they were football stickers for your album.

And there’s the people who are talking to me, but make it clear that they’re desperately trying to find someone less boring.  If you’re looking out for someone in particular at an event, why not ask the person you’re talking to help you find them. They might be able to introduce you, or help you out with this.  And if I really am boring (I know I can go on about the joy of spreadsheets) and you want to move on, then just say “Shall we mingle?”  Don’t just keep looking over your shoulder for someone better.

When someone offers you their card, please don’t refuse to take it, as I saw someone do to a friend of mine recently.  This guy thought he was doing my pal a favour, as he didn’t want to take a card unnecessarily, but he ended up being ridiculed by me, and upsetting my friend.  You can always throw it away later (although you never know if that person might be useful, so I wouldn’t) but there’s really no need to be rude.  Think about how you might feel if someone did that to you – it wouldn’t feel good.

If you’re desperate to sell something, then please don’t be so very obviously desperate.  The whole point of this networking thing is to make friends with people who may buy from you or encourage their friends to buy from you.   If you rush round telling people about your product, or shoving leaflets at people, they will be disinclined to buy from you, even if you’ve got the cure for cancer ready to be dispensed.

Right, that’s enough ranting about poor behaviour for now…I shall be watching out for more dodgy techniques and will probably rant some more.  Feel free to add your comments about what not to do at networking events.

I see a lot of businesses of all different shapes and sizes. Some businesses I can help, and some I can’t, and I’ve been thinking about the ones which I can’t help, and why not.

Sometimes, someone comes to see me and their business is a tiny little thing.  Now, that doesn’t mean I can’t help them – after all, everyone’s business starts from a little shoot, but not everyone can or wants to grow into a powerful oak tree.  The people I can’t help are the ones who only want to earn 20k a year from their business and are happy with that.  Actually, I often can help with a one off session which my friends at Business Link will fund.  But if your desire is only to run a little business (and there’s nothing wrong with that, little businesses often suit someone who has other priorities such as raising children or sitting in the sunshine) it’s just not worth paying me money to help you.  And I’ll tell people that, and I’ll tell people whether they have a business which could be expanded beyond that lifestyle business level.

Sometimes I see people who have the potential to grow their business, but they are incapable of giving up doing the work on a day to day basis. If you are dead set against outsourcing, or employing people, or if you already employ people but end up doing the work yourself because you don’t trust them, then this might be you.  I can often cure people of these ideas, but sometimes this is so firmly set in that I can’t do anything.  I once went along to a meeting with a client, and when I got to the office he couldn’t see me because he was peeling potatoes.  I thought that the important thing was to talk about setting up a new part of the business which was worth about 100k per year, but he thought the important thing was peeling potatoes.  He couldn’t free himself to think that he could phone someone else to help with the spuds, and he missed out on a great opportunity.  You have to want to develop what you’re doing – otherwise all of my bright ideas are wasted.

The other group of people I can’t help are the ones who just have a rubbish idea.  Often, I’m the first person who’s been brave enough to tell someone that their business is a pile of poo (although I phrase it more tactfully than that, of course.)  Sometimes people just need help to see their business in a different way, so that the idea becomes a good one, so I can help with this, but for someone who is so in love with the idea of a gorgeous shop selling lovely things to all of 4 people a week, or a blog which is covered in google ads which no one ever clicks on, there is sometimes no hope for them.

This goes for the people who think that they’ll get investment for their business, and that their wages will be paid by the investment, with no thought of how the business might ever make a profit.  Sometimes investment becomes the end in itself, and the idea of actually selling some stuff and making money on it is completely lost.  For entrepreneurs like this, a reality check from Julia can make all the difference, but some people just don’t want to hear the truth, especially when the truth is that investment is hard to come by, and almost impossible unless you can show how you’re going to sell stuff at a profit.

Does all of this sound a bit harsh?  Well, maybe it is, but when I’m taking people’s money for my services, I have to be completely sure that I am going to make a real difference, so there has to be the potential for real growth in the business and the willingness to make it happen on the part of the business owner.