For most recruitment firm owners, 20% of their clients generate 80% of their revenues.
They then spend a lot of time marketing, networking and on LinkedIn to win more of these 20%ers.
Fair enough, but often, this isn’t where our top clients came from.
In this edition of FTDOMA, I explain the first step you should take if you want to win more high-value clients.
It’s surprisingly easy and will give you the insight you need to go out and win more of them.
You might find you spend less time and money on BD too!
Content serves as a powerful catalyst for initiating conversations, but to truly resonate, it hinges on two essential principles:
1. It must deliver genuine value to the audience you aim to connect with.
2. It should be presented in a format that aligns with their preferences.
Consider this: If someone were to present you with something of real significance, wouldn’t you take notice and engage? I know I certainly would, and I believe most people would feel the same.
This is precisely why thoughtfully crafted assets are such formidable tools in business development; they deserve your full attention and appreciation.
In this edition of the FTDOMA, I invite you to join me as we delve deeply into this captivating subject.
You know precisely where you stand right now.
You might already have a clear vision of where you aspire to be. If you don’t, it’s vital to take the time to craft that vision.
Defining a clear goal is the essential first step on your journey to success. However, too often, this is where the journey stalls, leading to stagnation.
I will guide you through a straightforward yet impactful three-step approach to help you move your business forward.
This plan centres on one decisive element—something everyone is capable of handling.
Take just five minutes to watch this video, and let me know what you think in the comments.
If you’re a large company with a strong brand or a big marketing budget, your product or service can be average (think about a famous burger company).
But smaller companies don't have this luxury. They stand and fall by the excellence of the thing they sell.
An outstanding product or service generates more referrals, giving you an edge over the competition.
Sadly, the reverse is true for people who deliver an average or substandard offering.
In this episode of FTDOMA, I explain a simple process that you can use to start lifting your offering into the “excellent” bracket.
I also share a simple test which will help you find out for sure just how good you are.
Outrageous success is within your grasp. Are you ready to take it?
When two American doctors started working with Vietnamese families to reduce malnutrition levels in children they came across a new phenomenon.Â
Positive Deviance.
In other words, they looked at people who were in the minority but were consistently getting above-average results.
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They then replicated the behaviour of the positive deviants with an amazing outcome.
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Well, you can do the same with your business, and in this post, I explain how.
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Positive deviation is often overlooked because we tend to focus on problems that need fixing.
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However, looking for things that deliver better than expected results can be 10 times more productive.
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Check it out and let me know what you think in the comments.
You’re faced with a decision. Should you attempt something you’ve never done before?
Of course, you naturally assess the consequence of failure and the likelihood of it happening.
“No, I’m only risking a little bit of time and a small amount of money. I can afford both!”
The symptoms that a recruitment firm is failing are obvious: -
1 Not enough vacancies turned into fees
2 Not enough vacancies
3 Too few high-value clients
4 High staff turnover or demotivated teams
5 Under-performing marketing engine
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But the thing that sits below all of these is weak management.
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In this video, I will explain what Active Management is, why it’s important and what you should do if you want to implement it for yourself.
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I can’t think of any companies that practice all three arms of active management and have failed.
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Implementing this will help you build a strong, profitable, and safe business.
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And who doesn’t want that?
I played golf with a very successful ex-client the other day.
He’s so busy now that he’s turning down work, and why?
Two reasons: -
1 He is very good at finding candidates that other recruiters can’t come up with, even for the most difficult of roles.
2 He has an insanely powerful network supporting him that helps win deals and find candidates.
In this edition of FTDOMA I am going to share the five golden rules of Real Networking that all great networkers, like him, follow.
I wonder how many of them you already do.
Some years ago, I decided to conduct research into why there were so few women in senior positions within law firms.
I think it could work for you, too.
Metrics are data points that tell you how something has performed or is going to perform.
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Providing they are accurate, you can then make decisions to rectify problems or head off potential future issues.
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In this edition of FTDOMA I share three groups of metrics I believe every recruitment firm should collect.
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The bigger your business, the more data points you’ll need; however, my advice is to start small and work your way up.
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That said, even if you are on your own, it’s essential to collect and analyse your results and diagnostic metrics.
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Do this, and growing your business will be easier (and safer).