Tag Archives: Entrepreneur

The WIMS Guide Video Ep.10 Restarting the Streak

Whelp I broke the streak! After literally 14 hours straight with a client firm there was a moment when I got back to the apartment around 10pm where I could’ve made the right decision and be Superman…but didn’t. Ugh!

Nothing like that bitter taste of blowing it to motivate you get back on track. Often it can derail someone and they spiral but I’m just going to shrug it off and get back at it. Especially considering that overall, yesterday was overwhelmingly positive and a major win. Spent the day with a law firm client talking business development and marketing strategy, doing some training, looking at the numbers, planning for the year ahead and really drilling down into the specific. Despite the unrelenting grind, the day absolutely flew by.

Now we just have to focus on making sure everyone follows up and is held accountable to the plan. Today, back to hustling in Miami. Carving out some time this am for billable work. Then have several meetings lined up and a networking event this evening as well. Onward!

The WIMS Guide Video Edition will focus on business topics such as Entrepreneurship, CRM, Marketing, Sales, B2B, Business Development, Web Design, Augmented Reality, Virtual Reality, Artificial Intelligence, Data Analytics, Machine Learning, and much much more. To learn more about Mike Simmons and his company WIMS Consulting, click here.

The WIMS Guide Video Ep. 9 – Miami Monday

It’s Miami Monday!! Just arrived in the Magic City and I have an action packed week on deck.

Meetings with investors, clients, prospects, referral sources, friends, etc. Planning to hit a few networking events as well with the Greater Miami Chamber of Commerce and Miami Finance Forum among others as well. Not too mention have to keep up this routine and the gym streak. It’s going to be absolute chaos in the best way.

Industries I’m working with and targeting: Legal, Commercial Real Estate, Accounting, Finance, Tech, Health Care, and professional services are the primary on this trip.

My company is also launching a major campaign surrounding private equity, venture capital, family office, investment banking, and financial institutions who maintain equity stakes in a variety of portfolio companies. In conjunction with some key partners we’re putting together an awesome value proposition to not only help increase revenue via sales and marketing, but also streamline the accounting and finance functions as well all in a consolidated fashion. Much more to come, but this week really kicks off some of the necessary meetings needed before launch.

If you’re in town and want to try and get together definitely reach out!

-Mike

The WIMS Guide Video Ep. 8 – Call to Action Friday

Getting this in a little last minute today but keeping the streak alive nonetheless! Still in the mountains of Banner Elk, NC and wrapping up Day 14 of the fitness streak (only 90 more to go yet to meet my goal).

Again taking a bit of a detour with something that I make more of a thing going forward: Call to Action Friday. Wanted to shout out that I’ll be back down in Miami all next week. The schedule is already packed with client meetings, prospect meetings, networking events, and much more. I’ve said many times I’m ALL IN on growing the business more and more down there and this is another major step in the right direction. I still have some availability left but even if we’re not able to meet in person this trip please reach out and let’s at least set up a call and make a plan for the next time as I’ll certainly be back often!

Also, I’m still continuing to seek more and more content from entrepreneurs and professionals who are looking to create more whether written or video. If that’s a part of your strategy for the year please reach out and we’ll get something going.

Thanks for the attention while I keep getting these reps in and have a great weekend!

-Mike

The WIMS Guide Ep. 7 – CRM: Gone Mobile

Today we’ve gone mobile, shooting from the mountains of Banner Elk, NC! It’s appropriate for today’s theme (we’re still drilling deeper into CRMs) about the mobile side of CRM.

Ideally, whatever platform you decide (or chose) will have a great mobile application as well. It can truly make a major difference with not only efficiency, but also with maximizing the program’s value. My go-to’s have great mobile apps of course (Zoho, Salesforce.com, HubSpot) but plenty of others do too.

It helps to be able to add notes/updates immediately after a coffee or lunch meeting, or after discussing an actual deal. I haven’t always been great at it either, but getting all the pertinent and timely data in the system ASAP really helps to ensure you don’t forget any of the crucial, and sometimes subtle details and information gleaned from those meetings. Further, being able to pull out your phone (when appropriate) to recall a key piece of intel can be valuable as well.

Why rely on your memory when you have a supercomputer in your pocket?

The WIMS Guide Ep. 6 – CRM: The A-Team

If you’re following along (if not that’s ok too) today we’re talking about what you do as the next step in launching or redeploying your CRM. You’re going to focus solely on the A players for now. The main thing that is going to create momentum and keep you using the system is achieving ROI as quickly as possible. That’s the main benefit you want out of this and thus its the primary goal.

The quickest way to get there is prioritizing the A players first, aka your best clients and prospects. So after you’ve got the data, context, and all the other appropriate information about them in there you’re then going to focus on doing something about it.

You’re going to pick these people and go through them and schedule/pre-plan your out reach and follow up strategy. You’re going to leverage the task list, the calendar, reminders, etc. to layout the timing and content with which you’re going to conduct your outreach. And you’re going to leverage the CRM to systematize/automate it and take out the human element (somewhat, but not entirely).

By now you should have some sort of script that articulates your value proposition well along with a deck or brochure. Pre-schedule your follow up, and do between 3-7 touch points to make sure you see it through. Once you close the deal you can eliminate the subsequent steps as they’re convert. Put the email script in there, add some customized talking points, context, recall a funny joke or something they care about and set the entire campaign up in one shot.

The feeling you’ll get knowing this has been accomplished is going to propel you forward and create an invaluable supplement to your day to day activities. Give it a shot and let me know if you need any assistance.

-Mike

The WIMS Guide Ep. 5 (CRM ABC’s) – For Entrepreneurs and Professionals Focused on the Journey

Wow! You’d be surprised how fast you can get a solid streak going. Seems like just yesterday I started on this (ok so it wasn’t THAT long ago but still) and already we’re on the 5th video. I also completed day 11 of my fitness streak today too. There’s definitely something to be said for just starting where you are, and taking massive action. Before you know it you’ll have some serious momentum to continue building off of.

Today we talk about the CRM ABC’s. This is the next step you want to take whether you’re just starting out or have an existing database. It can be overwhelming trying to clean up a massive database of thousands of contact records. So we’re going to start with your A players. As they say 80% of your business is generated from 20% of your clients (I’m paraphrasing to make a point). Rather than trying to maintain the whole database right off the bat we’re going to focus on your top clients and prospects and making sure that their records are dialed in, up to date, accurate, and that all appropriate context is in the system.

The number of A’s is going to vary based on your situation. It could be 10, 25, 50, 100, etc. It’s mostly arbitrary but you want it to be the people who really matter. Whether they’re existing clients, or companies on your “wish/hit list” that’s up to you to decide.

After you make that decision, get to work making sure the necessary and relevant data is in the system. This will include contact information for the specific people/decision makers you want to track, prior communications (if applicable), potential referral sources or champions who can help, insight into their problems/needs that you can help solve, etc. Anything that might be helpful with continuing to serve them well, or to help you close the deal should be included.

Once you get these done you’ll have some serious momentum to continue charging through the rest. But no matter what, these should always remain your priority.

The WIMS Guide Ep. 4 (Intro to CRM) – For Entrepreneurs and Professionals Focused on the Journey

Today we’re going to cover a brief intro to CRM (Customer Relationship Management) for those who don’t know what it is, and for those that do, I just go into some quick initial steps to consider taking if you’ve been apprehensive thus far. I know it can be tedious to set up and maintain but the ROI is incredible if deployed correctly.

It’s really mind blowing to me how much resistance there still is out there. Frankly, it’s like turning down a superpower. If you want a little help or guidance please reach out! Whether you’re starting from scratch, converting an Excel File/Google Sheet, or you’ve been using a CRM for a while but are stuck in a rut, WIMS Consulting can help you take it to the next level.

In summary, my favorite/recommended platforms are:

Zoho (https://one.zoho.com)
Salesforce.com

Track your leads and prospects from website/marketing, intros from referral sources, lead generation, sales cycle, your existing customers and deal flow, etc.

Sync email, whether Outlook/Gmail
Sync Email Marketing: MailChimp/Constant Contact
Sync Social Media Accounts
Card Scanner app to streamline uploading business cards and converting them directly into contacts.

I’ll make sure to keep adding more and more value on how to continue leveling up your CRM and sales game throughout the year. Much more to come!

-Mike

The WIMS Guide Ep. 3 – For Entrepreneurs and Professionals Focused on the Journey

It’s Friday! Already got day 7 of my gym streak knocked out, got it in early today as opposed to the 10pm sessions I’ve been pulling off lately.

Today’s client work was mostly related to government/military contracting as well as the legal industry. Fascinating stuff. I try to bunch project work together by themes/industries as much as I can in order to maintain a consistent and appropriate mindset. It doesn’t always work out that way, but when it does I find it helps create more efficiency as you don’t have to transition from say a law firm to a restaurant instantaneously.

Also, I’m rocking the Charlotte Business Group pullover on this rainy Charlotte Friday to give the organization a little extra love as we have big plans for 2020 as well. We also have an event with the Charlotte Hornets coming up on Wednesday the 8th. Make sure you stay tuned!

Most important however, I wanted to use today’s post as more of a call to action to all of you. If you’ve got the goal of creating more written and video content surrounding your business I’d love to do some guest posts/collaborations moving forward. I just have a few small stipulations that I list on here. So please reach out to me so we can make this happen!

PS, yes I’m a pacer, rocker, fidget-er even (again media training on the way), it comes out especially when running on pure adrenaline after a wild week too haha. (Man watching these playbacks is awkward…)

Enjoy the weekend everyone!

-Mike

The WIMS Guide Ep. 2 – For Entrepreneurs and Professionals Focused on the Journey

First of all, thank you for the feedback from Day 1, it means a lot and I appreciate it! There were a lot of you savages still grinding long into the night of January 1^st checking LinkedIn/YouTube and I love to see it. Secondly, my wife has agreed to give me that media training refresher after all. So, when that happens, I’ll record it for you all as she’s a legit pro – and talk about META AF content am I right?!

For today’s message I went in a bit of a different direction as I wanted to highlight some of the other content I launched. I wrote a blog post specifically about Charlotte and offered some tips for how to grow your business here in 2020. Then I also wanted to highlight the newsletter we launched today that goes out to the company list and includes a ton of content. It’s the original The WIMS Guide that typically pairs with the blog and includes some additional content such as event calendar and travel advisory. Check the blog site (wimsguide.com) if you’d like to subscribe and get it, or you can email/text me or comment and I can add you to the list.

On here I give a rundown of some of the content from the newsletter, and rather than be redundant here I’ll just throw some links and let you listen to the rest. If there’s anything I can elaborate on or something you’d like me to talk about in the future, please let me know. Onward!

-Mike Simmons

Charlotte 2020: Grow Your Business in the QC

If you live or do business in Greater Charlotte then you already know there’s a whole lot to be excited about in 2020 and beyond. The opportunities here are incredible, the city and state of NC in general are growing at a crazy fast pace and receiving all sorts of recognition nationally in “Best Places to Do Business” type articles. You can see for yourself (here, here, and here). Figuring out where to get plugged in or get more involved can be overwhelming, so I wanted to give you a few quick initial steps (4 to be exact) to take in the new year to kick things off, and I’ll elaborate and expand on this further throughout Q1.

Whether you’re new here, haven’t arrived yet, grew up here, or have been here for years now I highly recommend investing your time getting to know other professionals who are doing big things in business. Networking here has led to a substantial ROI for me and my businesses and I can’t encourage it enough. There are tons of organizations and resources with which to leverage at various price points and time commitments based on you and your company’s needs.

Personally, I’ve been involved in various capacities at board and committee levels with the Charlotte Regional Business Alliance (formerly the Charlotte Chamber of Commerce). I’d highly recommend it as a great place to start and get involved. However, to be fully transparent, after merging with the region’s economic development entity the organization’s mission and day-to-day focus are shifting pretty substantially. Rather than solely focusing on greater Charlotte, The Alliance now has 15 counties across both NC and SC in its purview. Needless to say, that while it’s a positive shift overall that provides incredible opportunity, the scope and reach has shifted dramatically. Serving that wide an area comes with new challenges as well however, so clearly the day-to-day operations needed to change with it.

While I still very much intend to remain involved as a member and hopefully more, it would be a disservice to you if I didn’t say the new mission has simultaneously left a pretty sizable void for those with a more narrow focus of making an impact in greater Charlotte and don’t have the resources to have a target market that expansive. Again, yet another opportunity…

This is where the Charlotte Business Group comes in. (Full disclosure: I recently joined the board in 2019 because I knew this transition was happening and wanted to prepare accordingly.) There are still a ton of business professionals who just have the capacity to focus on Greater Charlotte (it’s hard enough covering the Lake Norman to Rock Hill/Fort Mill area as it is, let alone a dozen plus other counties). So we decided to step in and do just that. We’re providing networking opportunities with our mixers, educational opportunities with our panel discussions, and we recently launched a membership program to be able to ramp up additional opportunities in the community (as well as with more focus on fostering referrals and connections but much more to come as the year rolls on). The focus will remain greater Charlotte, but everyone who wants to do business here is more than welcome to get involved. If you and your organization wants to align with that mission please reach out to me to set up a membership or sponsorship and we’ll get you plugged in.

Next up is another really non-negotiable if you’re serious about Charlotte. You need the Charlotte Business Journal in your life, by way of subscription (print and digital), attending their events, and you NEED the Book of Lists.

Charlotte Inno (formerly Start Charlotte) with their newsletter and PitchBreakfast events among others are also truly invaluable. Whether you want to learn about local start up success and origin stories, or see what other events are coming up on the horizon (they host many incredible ones themselves as well) you at least need to sign up for the newsletter and take it from there.

We’ll leave it here for now, as that’s 4 invaluable steps that you need to take in the new year if you haven’t already. But I’ll be adding much more with respect to the specific Charlotte focus moving forward (including a non-profit edition). Would love to hear your feedback on what organizations you’re involved with, what you’d recommend and to continue the conversation as it’s one that’s a major priority for me.