| THE LAW OF THE HARVEST
Did you hear about the farmer who
said, “as soon as I have a great crop, I’m gonna
buy some fertilizer?” LB |
I grew up in Southern
Tennessee in a farming community. No one I knew as a youngster would
have ever expected to reap an impressive harvest without taking
the obvious steps toward that end, i.e. preparing the ground for
planting, planting the seed, fertilizing, cultivating, keeping the
weeds out, and…praying for rain. All that being done, in time,
the harvest was a given, assuming the prayers for rain were answered.
It is not so different
in the business of litigation support, is it?
Everyone wants a great harvest, and rightfully so. There is, however, a price to
be paid in order to reap the desired harvest. The parallels are apparent…prospecting,
phone calls, sales appointments, follow-up, and delivering work
that is on time and accurate.
A manager recently
told me, “April started off slow, as many months do. The thing is,
there are many months that start off slow, but we usually pick up
toward the end of the month and finish with decent numbers…somehow.
It just didn’t happen with April. April started off slow, and it
never changed.”
You might consider
these questions as you begin to implement your business plan for
the second quarter:
- Have
you had a month lately which started off slow, but you were still
able to finish with solid numbers?
- How
about a month that started off slow but just never picked up;
or, the results for the month were good, but if you subtracted
one single project, perhaps two, the outcome would have been very
different?
- Have
you, at times, felt as though you were being held hostage by one
or two of your account managers hitting their numbers?
- Have you ever found it
perplexing when an account manager was seemingly satisfied with
the number of clients they have in a firm, even though they might
only have a couple of buyers…at times, only one?
Yet, you know that there are several other buyers in that
firm who are sending their business to your competitors.
- Do you ever have the sense
that there are not enough new tryers sending work your way; that
sales calls are a fraction of what they should be…and, that follow
up is sporadic after the first one or two attempts?
The harvest, i.e. next
month’s numbers (outstanding, or disappointing), will always reflect
the steps in the process that are being compromised. When an account manager attempts
to accomplish a goal that can only be achieved if everything falls into place, the
outcome, expecting too much from too little…is predictable. In the best of times, the business
of litigation support has its challenges. Add a downturn in the economy
to the equation, and everything from hitting your revenue goals
to getting your receivables paid on time gets taken to a whole new
level.
An individual who was here
for training a couple of months ago sent me an email after getting
back to her market. This particular individual had
no litigation sales experience at all prior to attending the training
class, and had only been on board for a few weeks. She wrote, “I just wanted
to drop you a line and let you know how wonderfully everything is
going. I have had my first ten appointments, and three have already
begun using us. The
challenging part has been juggling all the existing accounts, and
making time to sell new ones.
I have an assistant who we brought on before I left for training,
and he has been a big help.
Thank you so much for all your help!”
At the time of this newsletter, her latest stats
were, 53 sales appointments, resulting in 21 new tryers…so far.
Do
you know how many new tryers your account managers brought in this
first quarter? Have you given any thought to
how many you would like them to add during the 2nd, 3rd,
and 4th quarters of ‘03? If one of your goals is to significantly
increase new tryers in the coming months, we can help you realize
that goal through our specialized sales training.
Our current sales training schedule for Summer/Fall
2003 is: June 23-27, July 21-25,
August 25-29, and September 22-26.
If you would like, take a moment to access schedule updates, review
the training outline, or
reada few testimonials. Let us hear from you soon if
you would like to send one or more account managers to attend one
of these training classes. |