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Profitable Joyful Consulting Podcast - Building a Continuous Client Pipeline
Jul 1, 2024
Profitable Joyful Consulting Podcast - Episode on Building a Continuous Client Pipeline
Introduction
Host:
Samantha Hartley
Season 11 Focus:
Consulting skills
Main Topic:
Building a continuous pipeline of new potential clients
Fundamental Consulting Skill: Getting Clients
*
Key Questions:
Are you able to bring new clients into your business?
Do you have as many clients as you want?
*
Client Attraction Challenges:
Overwhelmed with clients, no time to grow business
Wanting more clients, have some, but need more
Client Attraction Scale (0-10)
0:
Dying for clients
10:
Flooded and overwhelmed with clients
Most respondents:
3-4 on the scale
Clients mainly come from referrals, LinkedIn, or past clients
Ideal: Weekly leads, continuous flow of well-qualified clients
Harsh Truth About Consulting Business
If you’ve only had long-term single clients:
You’re more of a freelancer
Proof of a Consulting Business:
Working with at least three clients simultaneously
Teaches time management, client management, and business growth
Importance of Client Attraction for Consulting Business
Core to business: Continuous client attraction
Steps to move from one client to more:
Start with one, get a second, then a third client
Question of Fit:
If long-term single clients, consider employment or working for a consulting company
Basics of Client Attraction
Essentials:
Charm, charisma, magnetism, and the ability to clearly explain what you do
Goal:
Propel business forward to higher revenue
Analyzing Past Clients
Exercise:
Where did your last five clients come from?
Understanding what’s working in your marketing
Develop a taxonomy of lead sources
Lead Generation Techniques
Focus:
What's working, not necessarily doing more
Key Concepts:
Top of the funnel: Initial discovery of your business
Fingertips: Where are your clients and how to reach them
Tactics:
Social media presence (text, video)
Publishing (Articles, books, trade journals)
Network events (Webinars, in-person meetings)
Referral strategies and maintaining visibility
Visibility Strategy:
Necessary for effective lead generation
Video Content: Short vs Long Form
Short form:
Reels, shorts, stories
Good for initial engagement
Long form:
In-depth content once trust is built
Converting Leads to Clients
Conversion Ability:
Having effective sales conversations
Sales Metrics for Consultants:
1 out of 4 conversation-to-client ratio is good
Ensuring Well-Qualified Leads
Messaging:
Clarity about who you serve and what problems you solve
Case studies and testimonials should align with desired client outcomes
Polarizing Messaging:
Okay to repel the wrong clients
Effective Marketing and Business Development
Key Questions for Self-Assessment:
What are you not doing that you should be?
How can you double your visibility?
Client Search:
Where is your ideal client searching and networking?
Making Offers:
Essential for attracting interest
Choosing Enjoyable Marketing Techniques:
Stick to what you love and excel at
Consistency Over Intensity:
Better to be steady than sporadic
Final Thoughts
Dedicate Time:
Spend a third of business hours on marketing and business development
Sustained Growth:
Continuous marketing activity prevents revenue roller coasters
Engage with Content:
Subscribe, like, and share thoughts and experiences
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Full transcript