Tag Archives: business development

TNF #110: At your best

Welcome Professionals…

…Do you do checkup calls with target clients sometimes? Calling clients you haven’t worked with for some time to see whether they have a current need that could be turned into your next assignment? I do.

Doing a call is always much more personal than sending an email. We will also be able to gather much more information in a two-way conversation instead of an interchange of emails. In a personal phone call, we are able to submit much more meaning behind the words and bring across our personality.

at your best

On the contrary, the spoken word may reveal our current state of mind much easier than a written text. This can be a disadvantage sometimes. I used to do these kind of checkup calls one after another when I was desparately looking for the next project. Not a good idea! Too much pressure and anxiety will be transported in that client conversation. It is an unconscious setup for failure.

Instead, we want to do business development calls when we are at our best. Maybe when we have just won another contract or when we have had another success. This is actually the best time to make such a call. It seems counterintuitive to ask for more work when you have just received an assignment, but psychologically it makes sense. We want to feel confident and relaxed.

If a current success story is not in reach and you still want to make this calls, at least get yourself into a good mood. For example, I go for a walk in the sun while doing the phone call instead of sitting in the office starring at my computer screen. Try it, it makes a huge difference!

Wishing you lots of new client

Malte

Thursday Night Flight is brought to you by Malte Müller Professionals. Sharing best practices for top management consultants on topics like communication, client handling, problem solving, appearance, and fitness. Check out www.mm-professionals.com for more material and free resources!

TNF #093: Keep focus

Welcome Professionals…

…I know, many of us chose the profession of a top management consultant for the high variety of topics the job provides. There is hardly one project like the other. Many young graduates join consulting to see a variety of industries and like to work as a generalist in the beginning. I was the same when I started.

However, it is so hard getting started without any specialization. In fact, I think the only way to get a grip in business is through radical focus and specialization. Finding a topic, a niche industry, a special craft that is key to establish a standing as an expert. Then, when you have built the expertise and your personal brand, there will come opportunities to branch out and widen the focus bit by bit.

focus

I was talking this week to a consultant who is trying to do business development across various industries. She was tackling IT, private banking, industrial goods, consumer goods and retail and medical technology – all at the same time! What’s more, she distributed her efforts across many geographies from Europe to Middle East. This is a very obvious example of wasted energy. And I am not blaming this person – she knew exactly what went wrong and decided to focus in the future.

It may be hard in the beginning to choose something and leave so many other interesting choices untapped. In a world of unlimited opportunities, we all suffer form FoMO – fear of missing out. The good thing is, it does not matter so much what we pick. Once we have mastered this area, we will get to diversify from there. To make a dent, we clearly must keep our focus.

Stay focused,

Malte

Thursday Night Flight is brought to you by Malte Müller Professionals. Sharing best practices for top management consultants on topics like communication, client handling, problem solving, appearance, and fitness. Check out www.mm-professionals.com for more material and free resources!