Ephor Management Science - Ephor Group is an advisory firm that provides expertise, resources and useful capital for emerging businesses.

Mistake #7: Believing You Have a Sales Problem When Operational Shortcomings Exist

The Most Common Founder Mistakes



95% of the time founder’s tell us about their primary challenge is sales.  Before deploying expensive resources (aka sales personnel) we advise creating marketing and sales assets that new sales personnel can monetize to ensure the highest probability of success.
All of the following should be in place before hiring sales people and/or focusing on new business revenues.

  1. A quality pool of highly profiled prospects has been created.
  2. A market niche has been carved out and validated.
  3. Brand Equities have been built.
  4. Credible and Compelling References (‘Raving Fans’, 3rd party testimonials and assurances) have been created for each industry or target market being targeted.
  5. Partners have been identified and validated.
  6. The business is found online for its top keyword phrases.
  7. The right number/quantity of products/solutions have been created to ensure that sales can close 1 in 3 sales calls.

Key takeaway: Do the tough work upfront or suffer the ramifications.

 

 

 

 

Read more: Mistake #8: Failure to Plan and Adapt to Change

Quotes
Owners and financial types are always telling me that their company has a sales or capital shortage problem—and 100% of the time ineffective processes, lack of outside perspectives, and flawed operating support structures are the root cause barrier to creating wealth.
- Garry E. Meier
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News & Updates



Sept 2010 – Ephor Group Launches Houston TeXchange to Create Forum for Wealth Oriented Executives

Resource & Networking Peer Group for Technology Enabled Business Services Executives. . . read more here about Houston TeXchange

July 2010 – Happy 4th of July from Ephor Group!

As you prepare for the second half of 2010, let us share with you a few of ourrecent publications which will lend some guidance and support in achieving your 2010 goals and objectives.   See the resources here.


June 2010 – Ephor' client Serenity Systems Acquires Certain Assets of Lighthouse Consultants.

Serenity Systems, a provider of IT Managed Services for organizations with enterprise systems, today announced the acquisition of certain assets of Lighthouse Consultants. Read the rest of the announcement here.  

 

June 2010 - The CFO’s Role and Agenda for Capitalizing on Useful Capital

Garry E. Meier, Ephor Group Chairman, presents  to myCFOnetwork CFO’sRead more here.

May 2010 - Ephor' client HRAdvance Acquired by Hewitt.

Learn more at: Hewitt.com

April 2010 – Ephor releases FAO (Financial and Accounting) Outsourcing Brief

Download the report here.

Feb 2010 – Ephor' client Serenity Systems Acquires Certain Assets of Kommar Solutions.

Learn more at: serenitysystems.com


Feb 2010 – American Small Business Vulnerability to Slow Economic Recovery

Learn more on Ephor Group's eNewsletter.


Feb 2010 – Capital & Financing Options in 2010

Download the report here.