Gary Mitchell's Biz/Dev Coaching Blog
Shotgun approach or strategic approach? That’s easy. Strategic. Don’t do what everyone else does (‘show up and throw up’). Look at building your profile from the client’s perspective first, then your own. Here’s how you can avoid the lacklustre results you get from a self-centred shotgun approach by being strategic about how you build your profile: First, be where your target market is; second, be relevant. How do you do that? Ask your current clients what events they attend and why. Ask them what they read and why. Ask them what content would be of value to them and why. Find out what’s missing. Then contact the associations and publications your target market attends and reads and ask them the same questions. This is a highly effective and strategic way of ensuring you are where your target market is and you’re relevant to them and their needs.
Raindance: The Business Development Guide Book for Lawyers is now available through Carswell. Click here to go to Carswell for more information and ordering.
If you are a lawyer just starting out with business development, or already engaged and looking to up your game, this book is your practical, step-by-step guide to follow in order to achieve your goals.
Do you know who your true competitors are? If so, how much do you know about them? Do you know what they are doing to attract clients? Do you know what they are doing to raise their profile? Do you know what their reputation in the marketplace is? It makes sense to spend some time researching what your competitors are doing. If you find something they are doing wright, emulate it. If you find something they are missing, take the opportunity to fill that gap.
Things you should know about your competition:
Where are they speaking? What are they speaking about? What associations do they belong to? Which publications are they writing for? What topics are they writing about? What does their Linkedin profile say? Who is in their Linkedin network? Do they have any recommendations?
At the very least know the above. It will serve you well in deciding which steps you should be taking to raise your own profile and attract more clients. The more you know about them the better. And if you don’t have time to do the research yourself, delegate it to your assistant or the librarian. It’s as simple as using Google to search their name and or Linkedin.
Working with a client the other day who is currently slow to start the New Year, we determined it was time for him to create a first quarter plan. In his plan he will outline who and how to strengthen internal relationships; how to build more external relationships; and how to raise his profile. Don’t know where to start? Start with a plan.