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💡 The Lightbulb

💡 911 - what's your client's emergency?


Yesterday, I shared about unwittingly landing my first advisory retainer.

A 5-second recap:

  • Inbound client needed a course writer
  • I had pivoted away from writing, so I declined
  • I offered some free advice as goodwill
  • Client asked for a paid advisory retainer

All of that happened over 2 calls in 48 hours.

Pretty ideal flow, right?

But is it repeatable?

Simply put, there were 3 things at play here:

  1. Client presented a problem
  2. Consultant demonstrated relevant expertise

These two things are usually always present if you both agree to an initial call.

If there is no overlap between these two things, there is not a path forward.

But simply having both doesn’t mean a deal is imminent.

So, what accelerated the deal to close?

3. The urgency of the client’s problem

If there’s not urgency, you and your prospect can spin your wheels forever mired in a back and forth around:

  • Rate negotiations
  • Competitive bidding
  • Project scope
  • Service model
  • Multiple budget approvals
  • Scheduling
  • Red-tape

But when urgency is present, you can expect the conversation to streamline to a decision, one way or another. And quickly.

And those bullets become secondary or fade away altogether.

If you're struggling with a long time-to-conversion, consider this:

  • Have you centered your services around a niche experiencing a reliably urgent problem?

💡

-Wes

💡 The Lightbulb

A daily email about monetizing your corporate expertise. Give me ~1 minute a day, and I'll help you turn what you know into your most differentiated and lucrative asset.

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