Have you any idea?

Well it’s back to work with a bang this week and I guess most members will be attending their first meeting of the New Year.

Now with a new year come resolutions and new targets.  Chapter Leadership Teams may ask their fellow members what their plans for the year are.  They might have set goals for the chapter themselves and just let the members know these plans.  As a member you might have set your own targets.

Targets might include; the number of referrals you will give, the number of visitors you will bring to the meetings (not merely invite), the number of workshops you will attend, the number of 1-2-1s you will have, and the number of testimonials you will give.  One of my targets was to never be absent (always have a substitute).  And, of course, your Leadership Team might have a target for the amount of business passed in the chapter.

There are of course other targets you could set yourself, like taking the Education Slot three or four times a year.  Always being the first member to arrive (or at least not being the last).  Never giving anything less than a great 60 Seconds.

I promise you that if you take the time to think about what you will do for your chapter and fellow members (and you) over the coming year, it will make a big difference to your success.
But how about a starting point?  Have you any idea how many referrals you passed last year?  Or visitors you brought to your chapter?  Or workshops you attended?

If you don’t know, please find out, because it might surprise you.  And, in any case, it will give you a good starting point for this year.

I would love to know some of your targets.  So please let know.

Would you buy your own 60 Seconds?

If you could be another you, exactly, and be at your next chapter meeting and watch and listen to you giving your 60 Seconds, would you be tempted to buy?

It’s a serious question.  How good do you really think your 60 Seconds is?  How enthusiastic are you in the delivery?  What do you look like?

Okay, let’s run through your 60 Seconds.

It’s a bit of a struggle getting to your feet.  You’re not exactly looking happy to be there and you haven’t smiled yet.  Shirt looks like it missed the iron that morning.  Still, here we go.  “Morning” you mutter; obviously you had a late night.  It’s going to be a challenge this one.  Well guess what? You tell us exactly the same as you did last week.  You’re looking for anything really.  You can do most things, just about anywhere.  So if we know anyone, well that would be a great referral for you.  And we don’t catch the last part as you were already back in your seat.  Oh. Well, there’s always next week.

So, what did you think?  Would you buy you?  I’m guessing maybe not.  So, why would anyone else?

Well that’s what a great many 60 Seconds are like.  Don’t believe me?  Well really listen at your next meeting.

I really can’t stress enough how important your 60 seconds is to the level of success you will achieve in your chapter.  In fact, in many ways, to the success of your whole business.

You see your 60 seconds encapsulates everything there is about you and your business.  Your attitude.  Your enthusiasm for what you do.  The way you look and prepare yourself.  Your target market.  Your message.  Your credibility.  What you have to offer.  How you can help people.  It’s all there.  Everything that will bring you more, and better, business.

So, if you are looking for more referrals, more business, there’s no better place to start than by giving a great 60 Seconds every week.

Look at your numbers!

Every successful entrepreneur, in fact person in business, knows that knowing their numbers is a key component to their success.  And, as both a member and as a chapter, in BNI we are fortunate to be supplied with some great data (numbers); to name just two, our PALMS report and the Traffic Lights.

But, we have to be careful that we don’t become too ‘number’ led. What I mean is that thinking the PALMS report and the Traffic Lights are the only things that matter. BNI is a people business and we must always remember that.

Now I’m not suggesting for one moment that a member’s PALMS report and Traffic Light score shouldn’t be good; of course it should.  For one thing I believe that all members should be ‘Green’.  But, that’s not my point.

My point is that we shouldn’t just get caught up in the numbers; we must be careful that the numbers don’t become all-consuming.  The numbers should be the result of our actions.  In my opinion it’s far better to be in the green because you are a good member, than to be in the green because you are ‘encouraged’ to do the right things.  It’s a slight difference but, to my mind, a very important distinction.

In one of his books, Steve Jobs explains that he didn’t set out to be super-rich, he set out to change the world. He just got super-rich doing it.  And that’s what I think a BNI member should be like and encouraged to be like.  We should all want to be great members, because that’s how we benefit most from our membership.  And the result will be great PALMS data and ‘green’ in the Traffic Lights.

So, what do you want to change that will make a difference to your BNI membership?  It might not have the same effect that Steve Jobs did, but you might just find it improves your numbers.

Do you listen?

Something that Ivan Misner, the BNI Founder, recommends, and something that you will hear a lot in the BNI workshops, is that you should listen more than talk.  And that is why we have two ears and only one mouth.

But listening is not nearly enough, because you then need to act upon what you have heard.  Otherwise you may in fact have just talked.

Now it can be very simple.  For example, the plumber in your chapter stands up to do his 60 Seconds.  As usual he talks about central heating and boilers; you know all that.  However, if you had really listened, you would have heard that he had a special offer on for this week only.  But, even then, as I said earlier, you then have to do something with that knowledge; it’s no point just listening.  Who are you going to tell?

But, there is another type of listening.  One that is very easy to overlook because we are so wrapped up in what we are doing.  Listening to your customers.  Worse still is listening and then carrying on just as you were.  And this one really worries me.  Because sooner or later, if customers aren’t listened to, and feel as if they are being listened to, they have a nasty habit of becoming ex-customers! 

So, what’s my point?  Well simply, are you giving your customers what they want, or just what you want to give them?  There’s a big difference and a big difference in your reward if you can get it right.

No need to bring a Door prize!

I heard recently that a Chapter Director had told their chapter that there was no need to bring a Door Prize in future. Well firstly there is no option on bringing a Door Prize; it’s something that as the 10 Minute Speaker you have to do.  See BNI Policy No. 8.  But, that’s not the point!

The members, and certainly this Chapter Director, are missing the point of the Door Prize.

At the very minimum the Door Prize is a Thank You from the 10 Minute Speaker to the chapter. But it goes much further than that.  The Door Prize is proof.  Proof that the member can plan, is organised, and does what they say they do.  And, if nothing else, cares about their fellow members.

But, let’s look at this a little closer.  What do I mean by 'it means the member can plan and is organised'?  And why does that matter.  Well, as a 10 Minute Speaker you get six weeks’ notice of your slot.  That’s six weeks to plan and organise what you are going to bring.  Why does this matter?  Well, if I’m going to give you a nice referral from one of my best contacts I want to know that you can plan and that you can organise.  I also want to know that you care.

But, how about the Door Prize itself, and the way it is wrapped?

Again, it proves a great deal.  In a 10 Minutes just about anything can be said; after all words are cheap.  The only time there is any real proof that you can deliver what you are talking about is the Door Prize.  How much time did you take sourcing it?  How well is it wrapped?  No time, and badly!  What does that say about you, your business, and the product/service you provide?  To be honest, not a great deal.

Whereas a beautiful Door Prize which was wrapped with care?  I think you get the picture!

So, please never be tempted to forget your Door Prize as it will affect your referral rate.

What’s the point of email?

I sometimes wonder why some members have an email address.  After all, what is the point of having an email address if you aren’t going to check it or, worse still, answer it.

Now as a business mentor I’m the first to say that you mustn’t be ruled by your email, but there is a big difference to being a slave to your email box and not looking at it at all.

Over the last two days I have sent three emails to three different members with the potential of work.  One is a definite job.  But I’ve not heard back from any of them.

Now it’s possible that an email hasn’t been delivered; but all three?  And of course I could pick up the phone and call them.  Often far better than an email or text in fact.  But that’s not the point.  Especially when I’ve been told by someone who knows one of the members that he never answers his emails.

So I guess that’s my point.  If you don’t want to communicate by email, don’t publish your email address.  And, if you do publish your email address, you have to appreciate that people will use it, and you will need to check your inbox and answer any emails.  Because, believe me, you will be losing business and maybe, in the long term, even customers.

Rant over.  I’m going to check my inbox!

Does it add up?

There are many reasons why people join BNI but obviously, by far, the most important is business; after all we are a referral organisation.  So it surprises me how few members keep any record of how much business they get from being a member.

And this fact has never been more sharply brought to my attention than in these past few weeks when three members, from different chapters, all asked me for 1-2-1s to discuss if it was worth them renewing their membership.  All three didn’t think that they were getting much business from their chapters.

Having met with the three members I discovered a common theme.  They had no records of how much business they received from BNI. But, more importantly, when we really looked into where each got their business from, a great deal was in fact from BNI. And in one case, almost 90% of their business came from BNI.  So the big question?  Why didn’t they know?

Well, the first reason was obviously lack of record keeping, but it went much further than that.  You see they focused on their weekly referrals.  And in all three cases, they were not getting as many referrals from their chapters as they used to. (They all need to find out why.) In fact, one of the members hadn’t received a referral from their chapter in over two months.  However, they had all missed out the business they were in actual fact getting.  So, where was this business coming from?

The answer to this was from all sorts of places: other chapters, workshops, online.  But, the two main sources, they had all overlooked were repeat business. One had a repeat monthly order that they didn’t even think about anymore, and third party recommendations.  Third party recommendations can be huge.  You know the sort of thing; someone in your chapter gives you a referral, you do a great job, and that person recommends you to one of their friends, you do a great job for them and they recommend you to one of their friends.  And so on.  Now by the third of fourth recommendation you might be thinking “what’s that got to do with BNI?” Well, the big thing is you wouldn’t have got the recommendation (any of the recommendations) without BNI.  So I would suggest  - everything.

So, even if you are extremely happy with your BNI membership, I would advise that if you don’t already, keep a record of all business, and I mean all business, you receive from BNI, that you do so from today.  You might just be surprised!

Note: All three members renewed.