Get comfortable with saying “No.” It is the most important word in your small business vocabulary. One of the predominant issues that small businesses face, due largely to the absence of a CCI – Customer Composite Index (see previous post), is their inability to say “No” to a prospect or customer when they should.
Here’s how it works; they (small business) have a sales opportunity but it’s really not what they do. But, the customers or prospect trusts them, perhaps due to a pre-existing relationship. And that prospect or customer really needs whatever “it” is. Rather than saying, “I’m sorry, we don’t do that. But, I’d be happy to help you find someone who does.” Or, “I know exactly who to point you to, let me make a phone call…” The small business decides that there’s an opportunity to make a quick buck, and “it” really isn’t that far-afield…
Well, I think you probably know the rest of the story (thank you Paul Harvey). The small business takes the job and ends up scrambling (i.e., jumping through hoops) to get it done. They don’t really understand what they are doing so the quality isn’t there. They won’t deliver on time and they spent too much money building or delivering “it.”
Net, net…
Net result? A big looser! Not only did they alienate everyone within their own small business, they lost money on the job, (they would know this if they kept track of such things). And most egregious of all, they broke the trust of a customer who may very well tell all her friends and neighbors about what a pathetic job the small business did for her. Don’t even get me started about the social media implecations of such a message getting out about you. That’s called Word Of Mouth and in this case, it’s not good!
I wish I could say this doesn’t happen very often but I can pretty much guarantee that if you are reading this you have either been involved in such a debacle, been on the receiveing end or, you know of one first hand. Solution? Do what you do best and forget the rest! Your customers, your employees and your banker will love you for it!
