I never really knew what to expect when I started my company. It didn't start with a business plan and investors. I didn't have a forecast for my first year of revenue. I didn't even know I was going to hire employees until a month before I hired my first. When I started my company I knew two things. I knew I was tired of seeing my existing firm treat clients like shit and I knew they were making a ton of money off of my hard work. With nothing more than a passion to see clients treated like I think they should be treated, I started a company. The main purpose behind this new company is that I truly wanted to see clients succeed. I knew marketing technology better than most, but at the end of the day I wanted to see client's succeed in a way they could never do without help. I wanted to be the football coach showing how the hotshot athlete could do better with some focus and a well executed plan.
At first everything was great. I had a contract with a big company. I was going to help them make a difference in a way that wasn't possible before. I was learning everything I could about running a company. Then I started thinking. What happens if I lose my one client? I bet I could find others and work two or maybe three clients at a time. I'll be rich!
Boy, was I a dumbass.
First of all, no one wants to buy your shit. They don't care. There are about 17 million other "marketing" firms out there peddling the same breakthrough solutions with exceptional customer service as you. Just putting yourself out there does not guarantee clients will flock to your door. This I did not know. This was my first lesson in business ownership. It sucked.
The next lesson I learned about running a business was trying to think of how you are different than everyone else selling exactly what you're selling. How was I different? I cared more and wanted them to succeed, but how do you say that without sounding exactly like everyone else who doesn't really care and wants money more than results? "No, I really mean it!" does not seem to work.
Lesson number three was learning to explain what it is my newly formed company does. So, what do you do? people would ask. "Well, that depends on what marketing problems you are trying to solve." Try communicating that without sounding like a chameleon who is willing to do everything from converting new business to vacuuming the floors for money. I was the equivalent of a day laborer standing in the Sam's parking lot waiting for the day's project.
The last, and current, lesson I'm learning is connecting with people you don't know and convincing them that you can solve their problems better than they can on their own and much better than marketing firm #102 (who's having a banner year and blogs about it). It's like a dating game that starts with the question, "So, what makes you so special?" and goes from there.
It's not that I don't think I'm up to it, but it's different than I expected. And harder. It's hard out there for a pimp. Our current client's think we're fantastic, but convincing total strangers that we could be their best marketing friends if they gave us a chance is difficult at best.
Maybe it's because I'm a drummer playing the role of lead guitar. I don't know. I do know that it's hard seeing other companies close business while you struggle. I do see what it's like for natural salespeople who have connections close deals with inferior services. I just don't know what to do about it.
It's exhilarating and humbling all at the same time. I keep following up and putting our services (and myself) out there. And waiting for that first blind date to say yes...