Are You On The Right Path?

There are a number of factors to take into consideration when prepping yourself and your company to approach the largest clients you’ll ever work with.

Today we’re going to start with a brief look at the three different paths out there and show you which one is the path to success. Then we’ll talk about the mindset it takes to attract the big fish.

There are three different growth paths a business can take:

  1. Snail Speed
  2. Shooting Star
  3. Catch the Big Fish

 

1. Snail Speed

Businesses end up growing at snail speed when owners think they can find quick and easy success. They work hard doing the wrong things and end up without much reward or success. You may also find yourself following this path when you are afraid of change. The result will be slow or no growth.

2. Shooting Star

This describes a business that shoots to the top so fast that they are overwhelmed and don’t have the right resources to adapt. This can also happen when small clients take up all your resources, and you don’t take the time to find large clients, which is what will sustain your business after the small client sales slow down.

3. Catch the Big Fish

This is the path that allows you to build at a steady pace that you can manage by not allowing your customers to outpace you. You can achieve this by putting these tips to work:

  1. Attract, keep and lock in big clients.
  2. Integrate “big business” culture into your company and employees.
  3. Acquire the expertise you need to grow.
  4. Have the courage to make changes as you grow.

 

Now we are going to transition a bit and talk about the “big fish” mindset. It may sound easy to find and catch that big fish, but if you are stuck in the small business mindset, you may find it harder than you think.

Think of all the benefits of aiming at bigger clients:

  • Inexpensive
  • Highly Profitable
  • Longevity
  • Security

 

To catch the big fish, you need to believe your company can make a difference for theirs. It’s easy to get into the mindset that a large company doesn’t need anything from a small business like yours, but this is entirely wrong!

It is essential to know which types of “Big Fish” are the best fit for your company. You can figure this out by taking a good look at how these big companies operate. One of the best ways to get in the door is by knowing someone on the inside who can put in a good word for you.

If you’re not sure where to start and feel a little intimidated about catching big fish, try our FREE test drive to get help from your amazing business coach.