Marketing,Effectively,Create,s business, insurance Marketing Effectively: Create systems for leverage
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There are two things that I commonly hear from my marketing clients. The first is that they don't have enough clients - they are struggling to keep their sales pipeline full. Often they are so busy one month that they don't take the time to market themselves and as a result, their business declines drastically.The second problem is one of capacity. In this situation, my client has a steady stream of business but feels overwhelmed, exhausted, and stressed. If you fall into either one of these scenarios, rest assured that you are not alone. There are many entrepreneurs who are in the same boat. The good news is that there are solutions you can incorporate into your business to solve either of these problems. The answer to this problem involves creating systems - these systems leverage your time and your knowledge. By doing this, you can attract an ongoing flow of clients into your pipeline and serve more of them with less effort.Here are tips to help you systemize your business:1) Delegate, delegate, delegate: Are you still doing your own books, running your own errands, or organizing your own files? If so, ask yourself, "Is this activity my highest pay-off business activity?" Or is there something else you could be doing with your time to bring revenue into your company? Be ruthless with your time and delegate the busy work to an assistant. You can also outsource to graphic designers, copywriters, bookkeepers, and website programmers to save you money, time, and energy.2) Document your processes: Take the time to write down the specific way your company does things. You should have a specific method for closing sales, storing your files, developing proposals, pricing your services, and communicating with your clients. By creating "How-to Guides" for all of these activities, you begin to standardize these processes. This makes it easy for an assistant or other person to step in and take over these tasks. It also makes it easier for you to repeat and refine these actions so that they improve over time. When systems work, they will lead to the same positive results over and over.3) Cluster your activities: It takes a lot of energy to switch gears. And when you switch gears constantly, you lose time and money. Therefore, the best solution is to be ruthless with your time. Group like activities together and then create a schedule on your calendar and stick to it. For instance, if you know that a high payoff activity for you is to make phone calls to your clients, then set aside blocks of time to do this each day or each week. During this time, do NOT answer e-mails or begin other project work. Commit to these activities and follow through without fail.4) Put it on autopilot: Look at your business to see if there are any activities that you can automate. For instance, when people sign up for your ezine, you can set up an autoresponder to thank them. Another example is placing a page on your website that answers all of the questions your prospects typically ask. You can direct people to this page instead of spending time on the phone answering the same questions.By creating systems for your company, you'll have more time to do the things you enjoy and the ones that bring in revenue. Instead of spending your day scrambling to get your daily tasks completed, you'll be able to focus on the high payoff activities that will make your company more successful. You'll also be able to reap the rewards of having more time to market your company leading to a steady stream of clients. Begin the systemization process today and you'll enjoy the rewards for years to come.Maven Action Tip: Start by making a list of your daily activities. Just keep a piece of paper next to your desk for a week and make a note of every task that you do and how long you are spending on it. Once you've done this for a week, notice how much time you are spending on technical (busywork) aspects of your business and how much on business-building activities. Then add to this list everything that is not getting accomplished because you don't have enough time. Once you have this list completed, begin to develop strategies to delegate, document, cluster, and automate.
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