Posts tagged ‘practice building’

The One Thing I Wish Every Practice Builder Knew…
Brian Whetten, Ph.D., M.A. | May 27, 2010 | 11:03 am

I recently started working with a gifted, committed, passionate coach. Like many, she moved away from a more traditional career in order to follow her heart and make a difference. And like many, she’s invested years developing her skills and expertise so she can offer exceptional value to her clients.

But then she did something most practice builders don’t do – she gathered her courage, took a leap of faith, and hired a consultant to help her build the business side of her practice. She realized that in order to be successful, she needed to develop as much competency in selling her services as in providing them. So she found someone who had a lot of experience with small businesses, paid him $36,000, did everything he said to do for six months…and generated virtually no new clients.

In fact, it was even worse than that.

This consultant didn’t just waste her time and money. He actually guided her to do things that were the exact opposite of what would make her successful. He pushed her to do things that felt out of integrity, that turned off potential clients, and that pulled her away from her purpose – all at the same time.

In response to her story, I realized there’s one thing, more than any other, I wish I could help every practice builder understand. If I could wave a magic wand, and give just one piece of information to every purpose-driven coach, counselor and healer in the world – this would be it.

Most standard business practices don’t work for purpose driven practice builders.

They don’t work practically and they don’t work energetically. They don’t generate the results we want and they don’t feel good when we try to do them.

Here’s why.

Your services are not an impersonal commodity.
Traditional business is based on selling the same thing to everyone. If you buy a Toyota Prius, you can customize a few things like the color and options, but you’ll still be one of 1.6 million people driving this car. Traditional business is a fundamentally impersonal process.

However, you’re not selling bananas, cars, or cheap plastic toys. You’re selling services that change people’s lives. You’re selling the equivalent of heart surgery. As such, what you’re selling is based on intimacy, which is the opposite of what most sales and marketing techniques create. (Imagine if you were to receive a coupon for heart surgery – Buy One, Get One FREE! Ridiculous – yet that’s what we often think we have to do to sell our services.)

Your value is not based on offering the cheapest prices.
Because traditional business is based on selling commodities, the primary way retailers can offer value is by selling things at a cheaper price. But that’s the opposite of what works for us. With coaching, counseling and healing, the number one thing that creates exceptional value is the level of commitment your clients bring to the relationship. If you have a client that is 100% committed to their growth and healing, you could read the phone book to them and they’d get value. If you have a client who is 100% committed to resisting their growth and healing, nothing you can do will make a difference.

Commitment creates value. And in our culture, one of the most powerful ways we commit ourselves is with our money. If you try to compete based on offering the lowest prices, you end up decreasing the value you offer – not increasing it. You end up doing a disservice to your clients and to yourself. Again, this is the opposite of how most business works.

Your value is not based on helping people hide from their issues.
When you’re feeling insecure or lonely, how do you deal with this? For most people, the answer is to consume something. Feeling bad? Eat something. Watch a show. Pop a pill. Buy new clothes. Drink a beer. Go on vacation. Buy a couch. Traditional business does a great job of enabling our addictions. It loves to help us numb out and hide from our issues by offering us sugar highs that feel good for the moment but come with a long term cost.

In contrast, our services are based on helping people embrace their issues and work through them. This isn’t quick or easy, and it automatically brings up deep, unconscious fears. In fact, the more value you offer, the more likely it is that people’s defenses will get triggered during the enrollment process (usually without them even realizing it). And when this happens, people automatically start thinking “I don’t have enough time or money to do this.” This usually isn’t true, and being of service involves learning how to lovingly work with this instead of helping enable their fears.

Your paradigm isn’t based in stress and scarcity.
Not only don’t traditional business practices work for us practically. They also don’t work energetically. They don’t feel good, or in alignment with our core values. So no matter how many times we tell ourselves that we “should” do more to build our businesses, we often find ourselves procrastinating or getting sucked into cycles of meaningless busywork. Or we’ll waste money paying others to try and find our clients for us. These patterns don’t work. Yet virtually every purpose driven practice builder I’ve worked with has them, because at the deepest levels, the energy most business runs off of isn’t compatible with the energy we’re committed to living our lives from.

Traditional business is based in stress and scarcity. Stress is the fuel source most people in business use to keep themselves motivated. They amp up on caffeine, deadlines, and endless to do lists. But what is stress? It’s a polite name for fear and self-judgment. Plus, the foundational principle of modern economics – the law of supply and demand – is based on the assumption that prices are set by competing over scarce resources.

Yet we seek to live from a paradigm of abundance, and we seek to be motivated by purpose and inspiration rather than fear and unworthiness. And when we try to do business in a traditional way, we naturally find ourselves procrastinating – consistently – because of this core energetic conflict between how we want to be and how we feel business is “supposed” to be done.

So how do we work with this?

Being successful as a coach, counselor, healer, or other type of purpose driven practice builder requires learning a new, different, more caring way of doing business. It requires letting go much of what we think we know about business, or how we think business “should” be, and learning what it means to do business in a way that works for us, both practically and energetically.

Selling By Giving provides a complete system that you can use to learn how to do so. It teaches what it means to do business in a new, different, more loving way. One that empowers you to make money and make a difference, while doing what you love.

And rather than try to sell you on why you “should” buy something from us, our goal is to build a relationship with you, based on a set of stair steps of trust and commitment.
Hopefully you’ve taken advantage of the first, free step – the $197 Practice Building Kit you can claim (for free) at www.sellingbygiving.net

Then the next step is either the Home Study Course or the 6 Month Practice Building Academy. Not sure which one would be best for you? If so, we’ve made it so you can’t make a wrong choice. If you start with the Home Study Course and then upgrade to the Academy, your HSC tuition pays for your first month at the Academy. And if you jump in to the Academy and decide it’s too much too soon, you can leave after the first month and keep your HSC.

Plus, both programs are covered by our exceptional value guarantees. So what have you got to lose? (Except any limiting beliefs about business that have been holding you back?)
Love and light,
Brian

What You Know About Business…
Brian Whetten, Ph.D., M.A. | November 6, 2009 | 1:18 pm

For the last five years, I’ve been seeking to answer two key questions.

“Why do so few coaches, counselors and healers have full, abundant practices?”  and  “How can we change this?”

What I’ve learned has been profound.  I’ve learned that as practice builders, most of what we’ve learned about business is wrong.  Standard business works for big companies selling mass marketed products.  But what we do doesn’t involve selling soap or bananas.

What we sell is based on intimacy.  It’s based on love.  We don’t sell plastic toys.  We sell heart surgery.

Standard sales and marketing is based on advertising and interruption.  It’s based on trying to “get the word out” in ways that break through our defenses to being sold.  When a telemarketer calls during dinner, or
an advertiser interrupts our favorite program in order to tell us about “the purple pill,” they’re trying to interrupt us and take our attention in order to talk about something they care about, which we probably don’t.

As heart centered service professionals, this doesn’t work for us.  It doesn’t work energetically, because it feels so out of integrity. And it doesn’t work practically, because it’s just not effective.

Can you imagine getting a buy one get one free offer in the mail – for heart surgery?  “Special Offer!  Limited Time! Buy One Heart Valve Replacement, and Get The Second One FREE! Yes, FREE!!!

It would be ridiculous. Yet how often do we think that this is what we have to do in order to be successful?

Our “common sense” about sales is based on watching what big companies do to market beer, mattresses and used cars.  It involves creating glossy, slick looking advertisements and web sites, and competing over who can offer the lowest price. But this is the opposite of what works for us.

A healer told me last week that she’d created a bunch of flyers for a free workshop, distributed them around – and then had two people show up.  She thought that the key to success was to “get the word out” about something and make it as cheap as possible.

That might have worked if she’d been selling a commodity.  But what she offers is the opposite of a commodity.  It’s an intimate, sensitive, life transforming service. A service based on her calling, her commitment to being of service, and her love.

In teaching practice builders how to create a full, abundant practice, I find that one of the biggest challenges is helping people unlearn most of what they think they know about sales and marketing.  Last month, we had one woman in our Practice Building Academy break down in tears as she realized that sales could be so much easier than she thought.  So much more in alignment with her calling.  So much more joyful.  And so much more effective.

This was my experience as well.  In my prior career, I got to be really good at sales the way it’s normally practiced. Given this, I thought it would be easy for me to build a full practice.  But what I had learned as a
high tech entrepreneur didn’t work for me as a purpose driven coach.

In order to be successful, I had to learn a new, different, more loving, more effective way of doing business.  I had to unlearn most of what I thought I knew about sales and marketing, and replace it with something that worked for me spiritually, emotionally AND financially.

Does this resonate?  I recently realized that instead of trying to jump right to the solution, the biggest gift I can offer most practice builders is to help them understand their challenges at a deeper level.  It’s to
help us get an accurate diagnosis of the problem, before rushing to prescribe solutions.

For most practice builders, most of what they know about business doesn’t work.  It just plain isn’t effective.  And the harder they try to make it work, the worse things get.  Not because they’re lazy, or because they don’t offer exceptional value.  But because they just don’t know how to do business in a way that works for them.

If this resonates, we’d love to continue building relationship with you, by giving you tastes of exceptional value.

To access your free practice building kit (a $197 value) please visit:

http://www.sellingbygiving.net/online-program.php

To register for an upcoming complimentary teleclass, please click on one of the links below:

Thursday, November 11th, 10:00-11:30 am Pacific, 1:00-2:30 pm Eastern

Thursday, November 11th, 6:00-7:30 pm Pacific, 9:00-10:30 pm Eastern

Thursday, November 19th, 10:00-11:30 am Pacific, 1:00-2:30 pm Eastern

Thursday, November 19th, 6:00-7:30 pm Pacific, 9:00-10:30 pm Eastern

Our next 6-Month Practice Building Academy starts December 1st.  Graduates regularly report that they’ve transformed their relationship to sales, and in doing so, have increased their incomes by anywhere from $10,000 – $60,000 a year or more. To discover whether or not this program could help you create the same level of value with your practice, please join us on one of the upcoming teleclasses (listed above).

Love and light,

Brian

Why most small businesses (and practice builders) fail…
Brian Whetten, Ph.D., M.A. | May 6, 2009 | 1:31 pm

Small business is big business. In the United States, more than half of all jobs are in companies of 100 people or less and more than 10% of all people are self employed.

Yet most small businesses fail.

Why is this? And what can you do about it?

The biggest problem is that most small business owners don’t really own their businesses. They act like employees rather than entrepreneurs. They love providing their services, but desperately wish they didn’t have to do all that “business stuff” that goes with it. They assume that 80% of their success will come from the quality of their services. When in reality, 80% of success comes from the quality of your business systems. It comes from the quality of your recipe for success.

Building a business is like baking a cake. It requires a set of ingredients and a recipe. If an ingredient is missing, or a step is left out, it doesn’t work. Yet most practice builders focus all their energy on just two or three of the ingredients, and don’t even realize they need a recipe. Then they wonder why business always seems so tough.

Small business guru Michael Gerber says that the fatal assumption most service providers make is: “if you understand the technical work of a business, you understand a business that does that technical work.” In other words, we assume that all we really need to do is offer a great service and have great intentions, and clients will beat a path to our door.

But this simply isn’t true.

An employee asks “what do I need to do today?” A business owner asks “how’s my recipe for success doing today?”

An employee gets caught up in doing what’s urgent, and measures success according to how busy their day was. A business owner focuses on doing what’s important, and measures success according to the goals and key metrics of the business.

An employee builds a business through trial and error – by making all the mistakes themselves. A business owner constantly seeks to learn from others’ mistakes – by learning which recipes have worked for others, and which ones haven’t.

This challenge is particularly critical for coaches, counselors, healers and other service professionals. In fact, most practice builders have a hard time even admitting that they are a business owner.

If this resonates with you, here are three key questions to ask yourself.
1) Do I really want to be a business owner or an employee?
2) What challenges are standing between me and the business I want to own?
3) How can I get support with those challenges?

During the boom times, many people with employee mindsets managed to keep their small businesses and service practices afloat, without having to really learn how to own their businesses. That’s no longer working.

The good news is that there are tremendous resources available for small businesses and practice builders, to help you take this challenge and turn it into an opportunity. Here are two.

The E-Myth Revisited by Michael Gerber – Required reading for small business owners
Selling By Giving – Conscious practice building for service professionals