Whale Hunting in Tampa

Monday, February 22, 2010 by Barbara Weaver Smith
I am pleased to introduce the new Whale Hunters Certified Partners in Tampa, Florida, who are hosting two introductory events this week, on Wednesday, February 24.  The Whale Hunters CEO Margie Traylor will be attending both events and talking with participants.

Rosemary Brehm and Brian Zaas are teaming up to launch Whale Hunters Chapters in the Tampa area.  Their first chapter will begin in early April.

Here's how you can learn more.

They are hosting an Intro to Whale Hunting at 12:00 - 1:00 pm.  This is a free event with light refreshments served.  You can register for this event here:
Open Registration--Free Event

Later in the same day you are invited to cocktails and hors d'oeuves at Capital Grille from 4:30-5:30 pm.  This event requires a $30 registration fee for food and beverages.  You can register here: Open Registration

 


Rosemary Brehm, president of turningpoints2results, is an entrepreneur and expert in helping organizations accelerate their potential into profitable results by focusing on five key shifts in their businesses: strategic business performance; leadership alignment; team dynamics; customer intimacy, and competitive positioning.   In addition to her consulting services, Rosemary is certified as a Professional Facilitator (CPF) through the International Association of Facilitators.

Rosemary was founding Chair of the Tampa Bay Women President’s Organization and served that group from 2003-2009. She is a member of the International Association of Facilitators; the Senior HRD Forum; ASTD; and the Organizational Development SIG.  She holds a Certificate in Training and Development from New York University and a Bachelor’s and Master’s degree from the State University of New York at Geneseo.

 

With over 22 years of experience in leading business development and sales efforts for Technology, Software, and Outsourcing solutions, Brian Zaas has a background in business operations optimization, systems integration, custom application development and technology leadership.  He has been responsible for driving global business development and professional service efforts for leading Fortune 500 corporations including Fujitsu, CA, and MCI-Worldcom as well as start-up growth for Pilgrim Software, Best Programs Telcordia, and most recently is leading efforts for Enterprise Solutions with Avineon.

He has led strategic and innovative solution areas for Fortune 500 and emerging growth customers in need of IT, technology, outsourcing and the infrastructure management.  Brian has also consulted with market leaders across a number of industries on leadership, pipeline development, innovation, and sales in new product development and market penetration focusing on large, complex deals. 

The Whale Hunters are proud to introduce these new Certified Whale Hunters Patners who will provide services to the Tampa business community.

 


Introducing Anita Grantham in Phoenix

Tuesday, February 16, 2010 by Barbara Weaver Smith

Anita Grantham is a Certified Whale Hunters Partner in Phoenix, AZ.  Anita is recruiting  members now for her Whale Hunters Chapter which will convene early in March.

Anita is a native of Phoenix and has been Chief People Officer for Jokake Construction for the past eight years.  She specializes in strategic planning, training and development, and business development.  Recently she undertook a leadership role in business development for one of Jokake's major lines of business.  Jokake is a whale hunting company!

Anita is passionate about helping business owners be successful and achieve their goals. She has worked with numerous entrepreneurs to help them grow both business and talents.  She also works with college students who are preparing for their careers and their first job.

For more information about The Whale Hunters Chapters, please click here.

Whale Hunters Business Opportunity

Thursday, February 11, 2010 by Barbara Weaver Smith

Would you like to join our team?

The Whale Hunters needs Chapter Chairs in several metropolitan markets.   The Whale Hunters provides a turnkey program that has the potential for immediate income. When you become a certified Whale Hunters Partner, you become a member of an elite team that may chair one or more local chapters of business leaders, deliver workshops, consult or coach. The Whale Hunters is a scalable, flexible opportunity with a low cost of entry and high return.

 

Qualified candidates are entrepreneurial, well-connected in the small business community, excellent in sales, and able to facilitate a group of strong-minded business leaders.

 

If you or someone you know would be interested in learning more about opening a Whale Hunters chapter in metropolitan area, please contact us at chapters@thewhalehunters.com or call 480-239-6902.

Whale Hunting Practice #26: Ramp Up the Deal Fast

Thursday, December 31, 2009 by Barbara Weaver Smith

 

You’ve made the big sale to the big customer. You’ve inked the letter of agreement. You’ve shaken the hands and toasted the toast. Now what?

Most likely your deal now moves out of the hands of the buyers’ table and into the depths of legal and accounting. The formal contract remains to be completed, and the timetable remains to be determined. You are in a much bigger hurry to get started than your new customer is.

What can you do? Here are some tactics:

·         Learn to anticipate that this will happen; don’t let it take you by surprise. Understand that bureaucracies do not move at the speed of entrepreneurs.

·         Create and implement a carefully crafted plan for that period of time we call “sewing the mouth shut”—the time between when the whale says “yes” and you receive payment for your first invoice.

·         In that plan, stipulate what steps people on your team will take with people on the whale’s team in anticipation of getting started. Most important:

o    Schedule—work with the whale’s team to set get-acquainted meetings, site visits, information exchange, fact-finding, etc.

o    Invoice—your proposal should have included some preliminary work that can be done while the contracts are processing. Make this whale a customer at your earliest opportunity.

o    Visibility—have a system of simple reports to several of your new customer’s end users to keep them apprised of how you are preparing to fulfill your contract with them.

·         Keep your account manager in close contact with his or her counterpart, and take action promptly if there is any lack of expected action.

Through some tough experiences, I’ve learned how important it is for the seller to own the ramp-up process. My team would be trying to schedule key events and activities with little success. We would be frustrated that the new customer was holding things up. But of course the whale always thinks that YOU are holding things up, which is why you need to manage the deal especially after you’ve sold it!

Have you had a deal that faded away after it was sold? I’d love to hear about it.

Whale Hunting Practice #25: Make Contracts Easier

Monday, December 28, 2009 by Barbara Weaver Smith



One of my long-time business friends called recently with a whale hunting problem. He is in the software development and training business and has had several whale-sized clients over the years.

This time, however, the prospect refused to sign his company’s standard contract in favor of their own. And this contract was onerous. In particular, it stated that the whale company would own all rights to any materials created for them or modified for them. The seller would technically no longer have the right to re-sell templates or standard software that had been customized in any way for this customer. They would also lose the right to include this customer’s bugs and fixes, anonymously, in their ongoing FAQ materials available to all customers.

Furthermore, the small company’s hesitancy on this contract was making the whale angry and the deal seemed about to slip away.

He asked what I thought he should do? Here are a few ideas I offered:

1.    It’s very common for a big company to have a very different view of contracts than the small company does. Sometimes you will have requirements in your standard contract that no large company is going to sign, period. Other times, you will be faced as my friend was with a contract that frightens you. If you want to complete your big sales, you’ll have to find a way to come to terms quickly.

2.    Big companies have staff lawyers; maybe you don’t. If not, be sure that you consult regularly with an attorney who specializes in entrepreneurial ventures and will come to understand your business. Have your attorney review the contract with an eye to any pitfalls. Now is not the time to save money—invest in some good advice.

3.    If the attorney’s advice is ambiguous, you’ll just have to decide how much you want this business. Is it likely that the customer could or would cause you real trouble down the road contractually, or are they just using boilerplate language to protect their own interests? If there seems to be real danger, now is the time to say no. But if any danger is remote and unlikely, and otherwise you want to do the business, get the contract signed.

4.    Once you begin doing the work, be scrupulous about following the rules of the contract. If issues arise that are not clear-cut, negotiate them and get agreement in writing.

Contracts between big and small companies are tedious because each faces different kinds and levels of risk, regulation, and responsibility. If you routinely have problems negotiating a contract with a large customer, work on your own contract to make it more familiar to the whales.

Have you ever lost a job through contract negotiations? Have you signed a contract that proved to be a mistake? Post your comments below.

Whale Hunting Practice #16: Think Like the Buyers

Friday, November 13, 2009 by Barbara Weaver Smith

 
 
The biggest lesson in whale hunting is this:  it's not about YOU!  When you and your team learn to think like the buyers are thinking, your success will improve exponentially and your business will grow rapidly.

YOU tend to think about your solutions, products, and services and how--in your mind--the big customers will gain amazing advantage by doing business with you.  THEY tend to think about what can go wrong, how they could make a mistake, and what would be the worst consequences of choosing you.

So, you have to learn to think like a whale.  And the whales are afraid of you!  Imagine the many buyers who will be involved in a big-company decision.  The procurement team, many of the end users, HR, Accounting/Finance, Legal, IT, Manufacturing, Shipping, Service and Support--a considerable list that varies according to your particular products and services.  A big team, nonetheless.  And the safest decision this team can make is to buy from another big company with a well-known reputation, a national or international brand, and a stable financial history--in other words, a company just like themselves.

YOU know that you can provide more flexibility, agility, innovation, speed, personal attention, and control--among other advantages--but they will never choose you as long as their fears linger.

To think like a whale?  Figure out everything about you that could be scary in sales and delivery.  Imagine what about small business or women or minority business or entrepreneurs or midsize or privately held companies that might scare them.  Think about your location, reputation, brand visibility, growth history, capital access etc. -- and then figure out how to present your company and your team as a capable, professional, sophisticated player.  THEN you can sell your advantages. 

The sales development strategy for whale hunters is to first alleviate fears, then promote advantages, and finally close with both.

A Tragic Loss

Tuesday, October 6, 2009 by Barbara Weaver Smith

 
I've spent several days trying to write a new blog post about sales and business development, but the overwhelming thing on my mind is the tragic death last Thursday of my client and friend, Andy Richter, managing partner of Terralever in Tempe, AZ.  Many of you have seen Andy as a star in The Whale Hunters recent promotional videos.

Andy was a smart, savvy, energetic and beloved entrepreneur and community leader.  His most untimely death is a sobering reminder that these are hard times for those who are responsible to nurture small and midsize businesses.

So today I just want to reach out to all of you and tell you how much The Whale Hunters appreciate your following, participation, and support.  I will be back tomorrow with news, ideas, and tidbits.  But for tonight, I only want to pay my respects to Andy Richter and offer my heartfelt sympathy to the incredible team that he helped to build at Terralever.

Rest in peace, my friend.

Whale Hunting Fundamentals Teleclass

Sunday, September 27, 2009 by Barbara Weaver Smith

 
I  am happy to introduce Loretta Love Huff, founder of Emerald Harvest Consulting, who is a founding member of the Certified Whale Hunters Trainers group.  Loretta is a coach, trainer, and consultant focused on helping business leaders and teams achieve their best successes. 

Loretta hosted a free teleclass introducing The Whale Hunters Process--you can listen to it here (registration required). 

Loretta is also the first Whale Hunters Chapter Chair in Phoenix, AZ.   Her chapter convenes on October 1, and membership places are still available.

A Whale Hunters Chapter is a new way to learn and implement the proven Whale Hunters Process for accelerated business development.  Chapters are composed of 12-15 leaders from noncompeting companies--entrepreneurs, owners, executives, and sales professionals.  A chapter meets ten times over the course of a year; each session includes learning and application of one phase of the nine-phase process, which the member can then implement in his/her company, receiving feedback from the peer group and support from the Chair.  A unique feature is Deal Coaching--members can bring a deal question, issue, or problem to the group to receive advice, coaching, and specific assistance in a non-competitive environment. 

The face-to-face meetings are supported by a new Whale Hunters Online Community, featuring access to a large collection of Whale Hunters resources and online discussions with an international community of whale hunters--business people committed to growing their business by doing bigger deals with bigger customers.

This online community is now in its beta version, and access is free (for a limited time)to anyone who is interested in business development.  I invite you to join!

Whale Hunters Chapters are forming now in Phoenix and Indianapolis.  Soon they will be starting up in Denver, Dallas, Detroit, Chicago, and St. Louis.  Let is know if you are interested in joining a Chapter in your area, or if you would like to explore becoming a Certified Whale Hunters Trainer who is eligible to convene chapters and earn revenue.

More Ideas from Terry Lanier, Working Solo

Wednesday, September 2, 2009 by Barbara Weaver Smith
One of my favorite newsletters is the Working Solo Minute, written and distributed each Wednesday by Terry Lanier, founder of workingsolo.com.

Even if you're not a solo entrepreneur, her advice is great for business owners.  This week she writes about the problem of "not having any money," and how she hears business people using that as an excuse for inaction.

Terry offers four things you can improve without money:  your skills, your connections, your self-confidence, and your attitude.  It's good advice for anyone who is responsible for sales and business development, for your own business or someone else's.  Click through to Working Solo Minute to read more.

Leadership Lessons from Three Economic Sectors

Tuesday, August 25, 2009 by Barbara Weaver Smith
It was announced today that Frances Hesselbein, founder of the Leader to Leader Institute, has been named the Class of 1951 Chair for the Study of Leadership at the U.S. Military Academy at West Point.  She is the first woman and only the second non-military person to hold that distinguished position.

Why is this announcement relevant to business owners, entrepreneurs, sales professionals and business development professionals?
  • First, Frances Hesselbein spent years at the Peter Drucker Institute, helping to translate Drucker's business principles into leadership strategies for nonprofit and public organizations.  I believe that leadership lessons for your company are best derived from lessons learned in each economic sector--from the private sector we learn best about markets and competition, from the public sector we learn best about national interests and service, and from the nonprofit sector we learn best about social responsibility.  The better we can become at aligning these lessons, the more powerful and successful we will be as leaders in every sector.
     
  • Second, it is very good to see the US Armed Forces continuing on their path to a broader definition of "leadership" -- one that goes beyond military strategy to embrace a deep understanding of language, culture, and place as key elements in a military engagement.  Increasingly, these are key elements of a business engagement in the global economy.  We should expect lessons learned from this alliance that will enlighten business leaders in new ways.
     
  • Finally, I am pleased to see Frances Hesselbein recognized in this way for her phenomenal career's work.  Formerly head of the Girl Scouts of America, she has been a beacon for leadership education that embraces women and girls yet is not exclusive to women and girls.  She is a powerful role model for women business owners and entrepreneurs, demonstrating that collaborative, team-based strategies have their own source of power and can supersede top-down directive strategies.
As the economic culture continues its transformation from a primarily competitive culture to one in which collaboration--even among competitors--is more important to thriving, Hesselbein will be a good leader to watch.

How are you doing on price?

Sunday, July 26, 2009 by Barbara Weaver Smith
In a lean economy, many sales and business development people feel obligated to discount their prices; at least, the discussion of price and where it fits in the sales strategy becomes more important than ever.

Many of my customers struggle with the issues of pricing to be competitive and also maintaining a viable profit margin.

So I've spent some time exploring best practices and considering what we should recommend in this market.

I'll say at the outset that The Whale Hunters way is never to discount a price.  If we believe our price is fair, and if we have a market for products and services at our prices, then discounting will only take us into a downward spiral.  If a customer wants a service, and the service is more than the customer is willing to pay, we are often willing to renegotiate the scope of work, but not the price of our work.

If this is an issue you'd really like to study, I have three resources to recommend:

First, check out Dan Sullivan's program for entrepreneurs--The Strategic Coach Inc. at www.strategiccoach.com.  Dan's built a highly profitable and durable business teaching entrepreneurs how to get the greatest value for their services and products.

For professional service firms, try How to Maximize Professional Service Fees by Alan Weiss.  This little book offers 57 ways to manage your fee structure to your advantage.  I'll repeat just three of his nuggets, incorporated into the chapter "Value Must Be Based Upon Worth":
  • Value is in the eyes of the client
  • Fees should be based upon fulfilling value, not performing tasks.
  • Time unit billing will always be less than your true value.
A more comprehensive discussion of pricing models is available in Pricing With Confidence by Reed Holden and Mike Burton.   These authors offer ten rules for pricing, the most important of which is Rule #10 -- Price With Confidence.

So if the economy has got you worried about the need to cut prices in order to get business, it's time to arm yourself with some very good advice and reconsider the cost-cutting strategy.

Forbes--You Got it Wrong

Thursday, July 9, 2009 by Barbara Weaver Smith
I just got an email inviting me to join Forbes Woman, the new offering that Forbes launched July 1.

So excuse me if I'm wrong, but isn't Forbes about business?  I guess unless you are female.

Lead story is on depression.  "Power Women" segment features Mrs. Madoff and Mrs. Sanford (title should be "power-less"!).  Other front page topics:  Summer fashion.  Easy beauty. And How to Raise a Rich Daughter.

These are the leading links in my invitation email:

How will Sarah Palin's resignation affect her career?

Who does most of the housework in your household?

Has the recession affected your spending habits?

These are not questions that affect my business life or even my "balanced" life.  Ladies Home Journal cornered that market a long time ago, and People covers the dirt on public figures.  If these are questions of interest related to business, they are not gender-specific.  Could you possibly imagine an invitation to male business owners based upon questions like these?

The Forbes Fiasco comes right on the heels of Dell's incredible faux pas in launching the "Della."

But this blog is about sales and business development, so I need a link from my real anger at Forbes to some positive ideas or actions for business owners and sales leaders.  Especially women, but this is equally important for men.

In the jargon of my business, Forbes is a whale--a big company with a big reach, a big media reach.  It matters when major businesses screw up like this.   Business people around the world--owners, entrepreneurs, executives, employees, students, wannabe's--they look to Forbes for insight, support, advice, and current events, and not incidentally, the current business environment in the United States.   What is the message?  The message is that in the midst of a very difficult global economic climate, the American business women are busy standing by their men who cheat and lie, focusing on their office outfits, buying make-up and shoes, and making their daughters rich.  That is not a good message or a remotely true message!

I am an advisor to small and midsized business about how to grow by doing bigger deals with bigger clients.  It is ALL about understanding your target customer and presenting yourself in a way that is attractive to them, meets their needs, does not annoy them, and does not frighten them.  This offer I received from Forbes violates all of those criteria.

So before you make the Forbes mistake, my advice is to consult with your target audience about their business interests, their business needs, their business challenges and their perceived opportunities. 

The people at Forbes are obviously trying to get on the very popular and lucrative women-in-business bandwagon.  I applaud their motives and hope they will find a way to be successful.  But here's just a quick laundry list of topics that would be oh-so-much more interesting to business women:
 

  • who are the lenders and investment bankers targeting women-owned businesses?
  • how can your company get involved in the federal stimulus package?
  • How are female leaders and employees responding to downsizing and outsourcing? 
  • What can you do when you are downsized or outsourced?
  • How can business owners mitigate the recession influence on their employees?
  • what are the most promising new business fields or opportunities of particular interest to women?
Let me be clear.  I do not think it is condescending or inappropriate for businesses and business media to target certain audience segments.  I have often targeted women business owners through the Whale Hunting Women program.  But if your only understanding of gender-interesting issues comes down to clothes, make-up, and housework, you are just missing the boat. 

I invite your comments.  This worth arguing!

Nominate your city!

Tuesday, June 30, 2009 by Barbara Weaver Smith
The Whale Hunters will launch local/regional Whale Hunting programs in 12-24 key communities over the next 12-18 months.  After the very successful program launch in Indianapolis in June (175 attendees!),  upcoming cities include Phoenix (September 10) and St. Louis (October).  From there, we seek your input as to which cities come next.   We are looking for individuals and businesses who want to explore how they might be part of the new national community of Whale Hunters.  Local face-to-face programs will be supported by a robust on-line community.

Do you want to help us bring these programs to your city?

Here's what we are looking for:
  • "Creative Class" cities with lots of entrepreneurial activity, well-networked, open to new ideas and hungry for economic development, business growth, and community engagement.
     
  • Local representatives/Chapter Chairs.  Key people with good community connections, strong sales and business development experience, entrepreneurial spirit, to assist in convening the Whale Hunters Launch in your region and to populate and lead one or more local chapters of 12-15 members.  You may be an independent consultant, a coach, a trainer, an entrepreneur? 
     
  • Members of local chapters and prospective attendees at local workshops.  You don't want to lead but would like to see Whale Hunters services delivered close to you at prices you can afford. 
     
  • Sponsors.  National and local business owners, executives, and marketers who want to be in front of The Whale Hunters target audience of small to mid-size business owners, sales executives, and development officers.  We are grateful to Bose McKinney & Evans for sponsoring the Indianapolis summit  and delighted to announce the National Bank of Arizona as our lead sponsor for the Phoenix launch.
     
  • Communication Partners.  National and local organizations that can help us market Whale Hunters events and related opportunities.  Chambers of Commerce, TV and radio, digital broadcast programs, business journals, for sure.  Also local/regional businesses willing to co-sponsor and share their digital database in a mutually beneficial fashion.
I invite you to contact us with any expression of interest.  Now is the time to get in on the ocean floor of the next great wave of whale hunting!

Email Juli Yarnall jyarnall@thewhalehunters.com, post to this blog, or visit www.thewhalehunters.com and complete a contact form.  We are waiting to talk with you!

Introducing Spiral Impact for Business Development

Thursday, June 25, 2009 by Barbara Weaver Smith


I'd like to introduce you to my friend Karen Valencic, principal of a company called Spiral Impact.  Karen is currently promoting her book of the same name.

I first met Karen in February 2008 at a weekend retreat where she was the workshop presenter.  At the time I was at a very low point in my business, unsure of what to do next for business development, and at a seeming impasse between what had been and what would be.

Karen's workshop was all about how to gain the strength, or power, to deal positively with really tough adversarial situations.  And it was amazingly and immediately helpful to me. All of the entrepreneurs, business executives, sales people and sales managers I know have to handle controversy routinely, so whatever we can learn about how to do it better, with improved outcomes and reduced stress, is a plus.  That's where Karen's book and training fit into our world and why I'm writing about it today.

Karen has awesome credentials to offer.  She was an in-the-plant engineer at GM's Delco Remy Division during some years where that was the hardest place in the USA for a female professional to work.  [I know--I was there too!].  She is a martial arts expert, practicing the art of aikado, a form of combat in which one protects the aggressor as well as oneself.  It is definitely a fight to win, but not a fight to kill.  Yet Karen is a gentle, softspoken person, easily likeable and not a bit aggressive off the mat!

She brings her work and aikado experiences together in a powerful methodology called "spiral impact" -- as explained in her book and ancillary materials.  I'll give you one example that I learned in my first workshop.

The situation is this:  you have a goal to accomplish something, and someone or some situation is directly in your way.  What are your options?  Karen suggests (1) you could fight it.  Possibly lose because the adversary will fight back.  Maybe everyone loses.  (2)  you could ignore it or sneak around it.  Probably still have to deal with it even in an escalated way.  (3)  you could "spiral impact" it -- dance, disarm, catch off guard--put yourself in a position of greater strength.

That's a very weak rendition of the methodology (my limits, not hers) but it was profoundly helpful to me and has continued to be as I've learned more.  So much of the "inner strength" psychology is focused on mustering up will power or belief systems--those do not resonate with me.  This one is a "how to."    I've never encountered a method that so perfectly aligns physical behavior with mental attitude.  It is full of practical, do-able tactics--literally, how to stand, where to place yourself in relationship to the adversary, how to "center" and make yourself impossible to push over.

Wouldn't you like to have this quality in your next sales presentation?  When someone at the buyers' table is leaning on you?  When the whale is running out to sea or diving?  When there is an eel in the room?

I heartily recommend Spiral Impact--both the book and the services that Karen Valencic provides.  It's completely aligned with whale hunting since it's about thinking big, acting big, and being totally prepared.  Check it out, and enjoy!

More Great Women Bloggers

Monday, June 22, 2009 by Barbara Weaver Smith
Here's a link to my weekly post at Women on Business.

This week I've written about Joyce Anthony, MaAnna Stephenson, Rebecca Benston, and Hazel Walker.

They all blog at least indirectly about business development and the first three focus on business women, women entrepreneurs, and business opportunities for women.

Hazel Walker, who is an offline friend of mine as well as an online friend, blogs bout how to build a powerful referral network.   Great stuff!

A Community of Ravens

Friday, June 19, 2009 by Barbara Weaver Smith
This week I was a keynote speaker hosted by the Business Clubs of America (BCA) , Phoenix Metro Chapter.  I attended an evening reception for members and a luncheon for members and guests that attracted 200 business executives and entrepreneurs.

This organization is a high-powered referral organization.  In each market, noncompeting companies pay a membership fee to own their vertical.  Unlike "networking" organizations, BCA offers its members a structured method of introduction to, well, anyone in their business community that they want to meet.  Members commit to bringing their acquaintances to the table at guest events and commit to making introductions upon the request of their fellow members.  These are not simply phone or email intros but face-to-face encounters over breakfast or lunch.

In The Whale Hunters Process, a person who wants you to be successful, who intervenes on your behalf in a deal, is known as a raven. I suggested that the BCA was a community of ravens for its members.  Here are some functions that ravens will perform at your request:
  • make a warm introduction to someone you want to meet
  • refer you and your company to others of their acquaintance
  • serve as a reference for you
  • be "on your boat" in pursuit of a deal, when appropriate
  • tell your story to the right people
  • put you in front of groups who are interested in your message
  • advise you about your approach, your message, your strategy or tactics
Another organization of ravens is The Referral Institute, owned in Indiana by my friend Hazel Walker.  Through this program, entrepreneurs and executives learn to become prized referral partners for one another.  This process is absolutely critical to business development and to the sales process for big deals.  As smaller companies, we need to create a powerful network of people who are deeply experienced in our services, our values and ethics, and our market. 

Ravens who know you and believe in you priceless assets.  Cultivate your ravens and take good care of them.

Whale Hunting Successes

Sunday, June 14, 2009 by Barbara Weaver Smith
Here's our newest video, featuring whale hunters in Phoenix.  Clients, executives, entrepreneurs, business development professionals talk about their experiences learning and implementing The Whale Hunters Process for landing bigger sales with bigger customers. 

Take-Aways from Whale Hunting Women Summit

Saturday, June 6, 2009 by Barbara Weaver Smith

The Whale Hunting Women Summit in Indianapolis was a great success on Thursday June 4.  More than 175 awesome business and professional women attended, with some very self-assured men in our midst!

In a new format this year, we had two sessions of "voices and vignettes," each featuring three women talking about one or more big deals in their lives and how they handled both the adversity and the opportunity.  We also had two keynote speakers (plus me!).

I wanted to share my most memorable take-aways from these women, who spoke from their hearts and their experiences about how they've done deals in big business and small business and sales and community, as entrepreneurs, philanthropists, sales professionals, speakers, and educators.

The deals they've done are very diverse--taking on new careers, launching new businesses, building and turning around nonprofit community organizations--building things, raising money, creating powerful partnerships.

These are five themes that I heard over and over, from the lives of whale hunting women:

1.  "Can't" is a catalyst

When someone else says "you can't" -- whale hunting women have transformed that negative feedback into a fierce motivation to complete a goal.  The closer to you that person is, perhaps the stronger is your motivation to prove the prophecy wrong.

2.  "Shouldn't" is a spark

Often the people closest to you are afraid of what will happen to them if you succeed; hence they encourage you not to try.  Whale hunting women have transformed the "should not" into a powerful "must."

3.  "Boat" is a blessing

The Whale Hunters use the metaphor of "the boat" to indicate those co-workers, friends, and supporters who are on board to support you in landing a big deal.  Whale hunting women populate and launch their boats.  You cannot hunt whales alone!

4.  Learning is Leverage

Our speakers have a very wide range of formal education, from almost none to a whole lot.  Most of them have changed careers several times.  In every case, they sought out new learning opportunities, applied to their needs, and self-directed--including formal and informal learning and training.

5.  Despair breeds determination.

We heard some stories of times of true despair--women who faced physical danger, who dealt with economic ruin, who were betrayed by people they trusted.  In these stories of survival, women were able to channel their despair into a determination to change their circumstances.

As I look back at these lessons, I am struck by how often there was a very negative event or circumstance that inspired a woman to take a bold new step, regardless of her fear or negative feedback.

So in these scary economic times, if you are grappling with any  demons or big-stretch opportunities,  take heart from the whale hunting women who shared their stories to inspire others.

Soon we will have video and still photos of the Summit to share with you. 

Business Women Bloggers to Follow

Sunday, May 31, 2009 by Barbara Weaver Smith
Just finished my weekly Sunday post for Women on Business.

This week it's about four business women who freely contribute exceptional ideas to the small business marketplace.  Each of these women offers consistent useful information on
  • business growth strategies
  • sales development
  • marketing and social media
Three of the four have a special bent--or perhaps a special voice-- towards business women and women entrepreneurs, but their advice is solid regardless of your gender.

They are:I am happy to introduce them to my blog readers in this week's article.

A Time to Honor

Friday, May 22, 2009 by Barbara Weaver Smith

My home town, Indianapolis, features a beautiful city center, all deliberately laid out before the city was developed.  The city center is a perfect square mile, circumscribed by the streets named North, South, East, and West, and in the middle of that square mile is a circle, in the center of which stands a monument to Indiana's soldier and sailors who fought in the Civil War [and also in the Spanish American war, but that is another story].  We call this landmark "the monument" and the center of our city "Monument Circle."  At this spring-time of year, it is lush with flowers and its fountains are splashing into the pools that surround it.

The figure at the very top of the monument is "Miss Liberty."  It is said that she faces south in order to welcome home the surviving troops.  At the lower levels of the monument, east and west depict friezes of "war" and "peace," and each of the four lower level squares is dedicated to one of the armed forces.

Today America honors our fallen heroes and our veterans--all of the men and women who serve and who have served to protect the liberties that we enjoy.  I add my voice to that praise and thanksgiving, and I do so from the heart of a city that knows well how to remember and how to honor.

Business owners and executives have struggled through recent downturns in our economy, and it is easy to feel discouraged and disappointed with sales and business development or opportunities or growth, or simply a temporary downturn in expectations.   Can we find the grace to honor?  Do we have the spirit to celebrate?

I'd say yes, and that grace and spirit is more important today than ever.  The fundamental freedoms still live that encourage entrepreneurship in the United States, that nurture business development and business growth, and that allow women and men to found and grow business enterprises.

For those privileges I am profoundly grateful to the women and men who have fought for them since our founding as a nation.  I think especially today of my dad Ray Tag, WWII fighter pilot stationed in England and flying missions over Germany, who was a German POW when I was born, and who survived and thrived as an entrepreneur and salesman after that war and who [with our Mom of course!] raised seven daughters to think like he did about American business!  My dad passed away almost 40 years ago but his love for enterprise and American ingenuity is alive and--I hope--well.  Let's give thanks, celebrate, and build our businesses with renewed energy tomorrow.