In my consulting practice I help architects, engineers and contractors improve their odds of winning new projects and I often use the tag line “Win More Work Now!” For some firms the path to more work is longer than for others, but every entity who sells professional services has the ability to greatly increase their chances in this market by following a few simple, logical steps.
My friend and mentor Hank Blank (hankblank.com) has written a series of blogs on starting and running a consulting practice and I’ve followed his writing with interest. Sometimes it’s the little things that make all the difference and if we pick up one little tidbit from a trusted source and implement the information into our current business plan, it can make the difference between success and failure.
Assuming you are a seasoned professional who has been in business for several years, you obviously know what you are selling and how to sell it. All of us on occasion need a refresher on the basics that when put into practice will elevate your firm head and shoulders above the competition.
So, let’s start with some practical, down-to-earth items that you can implement today.
While networking you meet a potential client that describes a project you wish to pursue. Don’t let it the lead cool down. Follow up on your meeting and let the potential client know you are interested and your firm is available. Reconfirm your special skills or abilities that will benefit the project. Look for ways to get in front of the potential client; ask questions. Communicate – now and beyond the completion of the project; your goal is the project at hand, but the ultimate goal is to satisfy the client so he’ll agree to hire you again for future work.
Now you have an excellent potential client who knows your firm’s ability to complete the
project at hand. He calls to request a proposal – at that moment, the way you respond can make the difference in being selected for the work or rejected (or worse yet, not even receiving a call back). Be genuinely interested, confident and enthusiastic; ask questions and ensure the client his work will be your top priority. Let him know you are ready to move forward with his project.
Making the Short-List
Congratulations, you’ve made the short list – your firm is now one of three or four that will submit a proposal to complete the client’s project. Keep communicating – this helps build rapport and shows interest. Ask questions about the client’s company, their goal in pursuing the project and what clients they pursue. This will not only help you prepare a better proposal but will also help to impress the decision maker enough to hire you.
You’ve prepared an excellent proposal for a client who now knows your firm has the ability to complete his project. Good job! Now the waiting begins. Don’t stop there, follow up the next day – you don’t want to seem desperate, but you don’t want to lose momentum either. Just keep in mind that there is a fine balance between the two.
Getting To “Yes”
Remember that this client asked you to be on the short list; they have a defined need and know you can fulfill their need. Call them and ask for the work. Don’t ask if they’ve reviewed your proposal or if your fee is acceptable – those are details that can be finalized later – concentrate on getting a “yes” to the question, when should I begin the work?
Let’s assume you do not get an answer on your first call. We’ve all experienced the clock ticking; a day goes by, then another, and you begin to wonder if you are still in the
running. I’ve often said “no news is bad news” when it comes to the time between proposal submittal and reward. You know the debate – should I call? Should I wait? Will my actions cause the client to think I’m too desperate or not interested – what is the right balance? While there is no “right” answer, the key is to find that balance. Imagine yourself in the client’s shoes. If you had consultants calling you about their proposals, what would be too much and what is not enough? Pick a point in the middle and follow your instincts. Remember that some logical process is better than nothing.
Receiving a “No”
So what if the client says “no”? There will be clients who say “no” to your proposal – in fact, more often than not the answer will be no. A good capture rate is one in three or one in four. In those circumstances, when you’ve put your heart and soul into a proposal and the client says “no”, focus on future business and let them know you understand and look forward to the next opportunity. Don’t ever give up!
Let the client know that you remain interested in his business and that you’ll follow up regularly in anticipation of future opportunities. This phase takes time and dedication, but
stay with it – eventually your efforts will pay off.
What steps have you taken to increase your chances of winning projects? Have you tried tips and techniques in addition to the ones mentioned in the article? Please share your experiences in the comments!
Steven Riggs is a business development professional in the A/E/C industry (architects, engineers, contractors) with thousands of industry contacts, hundreds of major presentations, high conversion rate and more than thirty years of hands-on experience in Southern California. He is the author of more than 500 articles that have been published in trade magazines, newspapers, ezines, newsletters and blogs and he regularly speaks at industry related events.




