On Wednesday night I had the privilege of watching Nigel Botterill, UK Entrepreneur and CEO of thebestof Franchise group present to 100 businesses in my hometown of Exeter. The tour of the country is called “18 Secrets that Super Successful Business Owners Know and Do…” – you can follow the conversation about the tour on the hashtag we created with thebestofexeter at #18secrets.
I’ve met Nigel a couple of times now but this time I was lucky enough to get an hour with him before the big event, discussing ideas and thoughts on business. I’ve written before about how important it is to ditch the negative people in your life and surround yourself with positivity and success – When you chat to someone successful like Nigel you can’t help but be lifted and ideas immediately start to flow – I was at the venue at 5ish and didn’t leave until 9:30pm – it felt like about an hour!
Now i’m not going to simply copy and paste Nigel’s points – that wouldn’t be cricket. However, from the 18 secrets, I’m going to share my big 3 takeaways from the night.
1). “Making the jump from ordinary income to big income business means you need to make the jump from ‘doer’ of the business to ‘marketer’ of the business.” How true – if you’re stuck in the business doing the work on a daily basis, how can you be out promoting it and taking it to the next level? I’ve focused on this quite a lot in my own business in the last year and we’ve certainly reaped the rewards. I’ve built a great team around me who are able to deliver the product, while I market the business. A friend of mine (Richard Carpenter) uses the analogy of driving a car being like running a business: You start by driving the car yourself, taking it in whichever direction you want. The key is to move yourself from the front seat to the back seat and be driven around while you simply direct where you want to go. Although I’m being a bit sneaky by putting two tips into one, Nigel also pointed out that we should all concentrate on our marketing first thing in the morning (pref before anyone else gets into work) – a great piece of advice in my opinion and something I’m going to try and focus on over the next few months.
2). Your most valuable asset in business is your database! Your database is critical to your success if you’re going to make it big. Build it at every opportunity, get in contact with your customers regularly, send them something, make them an offer, give them a reason for coming over or for you to go and see them. There are loads of studies about how much easier it is to sell to your current client base than a new one yet many of us get caught in the trap of trying to pour more and more in the top of our funnels while not looking after the people who have already shown they trust us and are willing to spend their hard-earned with us! Absurd when you think about it! Your database makes it easy to keep in contact – go back and work out a plan for it today. (*If it’s email marketing then get in touch with my team at Optix because they offer an amazing service there – plug over*) I particularly loved this sentence from the presentation:
“It’s not your customer’s job to remember to do business with you….it’s your job to remind them”
3). Commit to learning. No successful businessperson got to where they are sitting on their backside watching TV. Many of these people are continually learning, all day everyday. They have huge libraries of business books, they are like sponges for information. Are you? Do you go home and put the TV on or do you read a business book and learn something new about your industry, competitors or other successful people? This last year I’ve spent time building my library of books, especially in the areas of business success and sales. Here are a few that I’ve read recently which I’d recommend hugely (affiliate links):
And thanks to a friend Julian Summerhayes who kindly gave me the following book which I can’t wait to read this week:
By the way, here’s the great news for any of you who hate reading (I actually fall into that bracket myself believe it or not) – Check out http://www.audible.co.uk/ – A great site which you can subscribe to and download new audio books/mp3s to your ipod/iphone/mp3 player and catchup with all the great stuff above while on the move
So those were the three big take aways from my night at 18secrets – do you agree with these? Do you have some killer tips to share? Let’s discuss…