Friday, August 29, 2008

Ism of the Day

Normally Friday is the day we deliver the Keiserism of the Day. However, last night Jeffrey Fox of Fox & Company (guest speaker a The Entrepreneur Circle's monthly meeting) delivered such a wonderful talk to our group that we thought we would use a Foxism instead.

The SW Rule Some Will, Some Won’t, So What.(Jeffrey Fox)

Other interesting Key Points from last night's talk:

  1. If I were the customer why would I buy from me?
  2. Spend 60% of your time getting and keeping clients, 30% doing the work, and 10% on administrative tasks
  3. Do something everyday to get and keep a customer
  4. Write a factual statement to use in advertising and brochures
  5. When sitting down with a prospect, tell them "We won't even take you as a customer unless you can see a 10X return on your investment"
  6. Ask potential customers "Will you just judge the facts and decide for yourself"
  7. When talking to potential customers:

  • Talk Benefit
    Quantify it
    Dollarize it
    Use Facts: "Based on our experience our clients experience ...
    Find out "How much money will we get the customer?"

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