Know Your Value: Your Purpose Statement
Leadership in #Business Development is about character. Being a leader, rising to the top 3% in your profession, is anchored on your principles, ethics and values. Your purpose—what you do for [...]
Shapers, Fakers and Order-Takers
In #BusinessDevelopment, make sure you know how to separate the Shapers, Fakers and Order-Takers. Few positions have the success of an organization weighing on them like Business [...]
It’s Easier to Find a Diamond in the Rough Than It Is to Apply Pressure to Coal.
#BusinessDevelopment pros have 2 challenges; #behavior and #thinking of traditional #sales people From our experience working with Business Development Professionals, two challenges consistently [...]
Fishing versus Catching, Hunting versus Bagging
Early American pioneers quickly learned that if you didn’t hunt and fish, you wouldn’t eat. The same is true for Business Development Professionals. Individuals may see themselves as pioneers in [...]
Are You a Strategic Business Leader?
Many individuals who claim the Strategic Business Leader title bring working, personal relationships with the senior management of prospect organizations to their firms. There are a lot of [...]
Any Strength to an Extreme Becomes a Weakness.
One of the components of successful Goal Setting and Planning is to help identify your personal strengths and weaknesses. We use this exercise to identify weaknesses and put together action plans [...]
Goal Power: All Motivation Is Ultimately Self-Motivation.
It has been mentioned before that all motivation is self-motivation. But, this time we’ll focus on the power that goals have as a motivation catalyst. More than most fields, Business [...]
Goals Must Come from Our Core.
Much has been written about motivation, and experts agree that effective motivation is ultimately self-motivation. We are motivated to either avoid a pain or pursue a pleasure. Motivation can [...]
Don’t Put Your Future in Someone Else’s Hands.
Future revenue growth requires planning, process and hard work. In order to be successful, you need to take control of your destiny. Many companies that rely heavily on outside influence for [...]
You Must Pick the Role, Set the Goal and Be Willing to Pay the Toll.
To thrive in the “new normal” of Business Development, every component of your individual Business Development process must be both efficient and effective. What may have enabled you to win [...]
Always Have a Goal; Activity Is Not Accomplishment.
Do your homework the first time and on every call. Focus your research around the 4 Cornerstones of Business Development: Technical, Business, Money and People Knowledge. Pay special attention to [...]
Business Development Is Hysterical Activity on the Way to the Grave; It Is Not Relevant Social Behavior.
Do you find yourself taking your role as a Business Development Professional too seriously? Over the many years we’ve been helping students differentiate between and prioritize [...]
Principles, Purpose and Process
Professionals in Business Development understand the interrelationship among principles, purpose and process. In your initial contact with potential clients, here are the first three things they [...]
Success in Business Development Depends on 3 Ps.
In working with a wide variety of organizations across different markets, we have found that the Business Development challenges that organizations experience generally relate to the 3 Ps [...]
Digging the Business Development Ditch…Are You Turning It Around or Digging Deeper?
Do you constantly struggle to reach growth targets or achieve revenue quotas? Does it seem like you’re sinking deeper into a ditch, while working hard to climb your way out? Turning around an [...]
What Is Business Development?
For more than three decades, we’ve been challenged to describe what Business Development is all about. More often than not, it’s been defined by explaining what it isn’t. It’s not the [...]
What Is Your Business Development Culture?
Every organization has a culture. Like the tale of the tortoise and the hare, some businesses choose to take a commanding lead in the marketplace, while others prefer to hang back and survey [...]
Is Your Company in a Graveyard Spiral?
OK. You just spotted an RFP on the Federal Business Opportunities (FBO) website that is a perfect match for your government contracting business. It’s exactly the kind of work you do and [...]
Do You Major or Minor in Business Development?
It stands to reason that if you are in the business of selling technical services then all of your technical professionals must – at a minimum – aspire to be proficient in their respective [...]
