profile

đź’ˇ The Lightbulb

đź’ˇ 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?

đź’ˇ

-Wes

đź’ˇ 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.

Share this page