Saying No To Potential Business
Jennifer Bishop
M&A Advisor | Growth Strategist | Investor | Helping B2B Services & SaaS Founders Scale
When is a good time to say no to a prospect who wants to pay you money?
If you have spent time identifying the type of business or decision maker that you can best help, and creating a solution that is best tailored to their needs, then clients who do not fit this avatar will not see the need for your whole solution.
It’s easy for them to say - well can I pay you one third?of your full fee ? or pay you for one or two hours?
However, if we were to begin to work together for an hour, the work would frustrate both them and me because
?(a) it’s likely that more details will emerge that need solving and
?(b) the methods I offer may not end up helping that much
Back when I started my business and was working with dating coaches, family coaches, personal finance coaches and more.
The methods I have just frustrated them and we end up having to work together longer to find a solution that does.
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I now focus exclusively on B2B consultants who are looking to get high ticket clients organically on LinkedIn and email,
Because of this, I am able to say NO to a bunch of interested prospects and not waste my or their time.
I am able to help the ones who qualify, much faster and more efficiently because of the bespoke system I have devised which helps them:
Most significantly I can charge higher prices because we can win higher contracts and with these margins I’m able to invest money back into my own business, systems and learning so that I can improve all of the above.
If I were to take on every person who is interested in an hour of my time here or there I would not be able to see the results for my clients
Saying no is powerful and I encourage you to say no more often too
I empower ambitious female coaches to get Leads and Scale to 6 figures, without spending ages on social media, using a Live Video bespoke visibility strategy | Business Growth Strategist | The £100k Coaches' Club ??
3 年Giving yourself permission to say NO to business and feel ok afterwards is the mark of a good CEO. We are not called to solve all the problems of all the world. Focus on your ideal client and you will enjoy your business more fully.
Business Attorney | Disruptive Entrepreneur | Content Creator | Amazon Best Selling Author
3 年Nice content!
Co-Founder & CEO @ Archers Contact Solutions | The Outsource Coach & Lead Gen Expert | TAB Business Coach
3 年Thx for sharing it! Keep rocking Jennifer!
Validation Analyst | Workforce Planning Analyst |Business Analyst @TCS | MBA (Analytics & Marketing)
3 年Great post Jennifer!