Tag Archives: Entrepreneurship

Equity Crowdfunding Collaboration

WIMS Consulting has a collaboration to assist startups and well-established businesses with launching their equity crowdfunding campaigns. We partner with The Arora Project and Striders Group (the team that brings you DiscoverCLT and more, further details about each below) to deliver this unique offering.  Not only will we help with the financial compliance component, but with the marketing, CRM, and PR as well to super charge your campaign’s effectiveness.

While we will assist companies across the USA, we are initially focused on Charlotte and Miami. The collaboration will assist with traditional crowdfunding campaigns as well. This initiative is designed as an ancillary and related focus to the WIMS Consulting Fund service line which supports private equity, venture capital, and family office funds with their own firms as well as their portfolio companies’.

For some additional background and context on the experts we’re working with:

Krishan Arora, CEO of The Arora Project published the article below in Forbes that goes into depth about the nuances and what is required. This is required reading as the starting point for those interested in potentially pursuing this approach to growing your business.

“Equity Crowdfunding Will Revolutionize Fundraising For Startups”

https://www.forbes.com/sites/forbesagencycouncil/2020/06/08/equity-crowdfunding-will-revolutionize-fundraising-for-startups/#3849fd8cc433

“The Arora Project began in 2016 as a full-service crowdfunding campaign management agency, helping creators globally raise over $75 Million in funding. Today we maintain our expertise in crowdfunding as well as offer a wide array of digital marketing solutions to innovative companies looking to launch the next big idea. The pride and passion we have for our projects has resulted in an exceptional service that you won’t find anywhere else.”

Striders Group provides, “marketing services that help you stand out from the crowd. With over 10 years of experience, we help businesses create their brand presence and achieve their goals. Our process is designed to empower your brand and outfit your business with the marketing tools needed to succeed.”

If you’re interested in learning more and/or setting up a discussion about whether your company would be a good candidate please reach out!

The WIMS Guide Video Ep.11 Cali Trip and More

The WIMS Guide Video Ep.11 – Cali Trip & More

The WIMS Guide Video Edition is Back! I’m in Cali for the next two weeks. We came out here to close out my wife’s maternity leave with a little business and a little pleasure spending time with family and friends.

Today’s video I mainly focus on where I’m at her in Cali with a call to action for any potential meetups, introductions, connections, etc. I’ll be in Southern California until Sunday, February 23rd so please feel free to reach out!

The other topic is the Charlotte event I’m hosting on Thursday March 12th. I’m putting on an event for Charlotte’s best and brightest while also celebrating 6 years in business for WIMS Consulting. The event is open so please feel free to bring a friend!

After some extended time grinding in Charlotte for about 5 weeks, I head back down to Miami for the eMerge Americas conference. If you do any business in Miami of Latin America you’ve got to make it down here for this. It’s one of my favorites and I make it down every year specifically for it. Some friends and I are also going to plan a mastermind/meet up for those in town, we’ll share the details on that soon.

Also, I’m still putting together the content plan and doing outreach for additional posts and videos, etc. so if you’re interested in spreading the word about a specific business topic, your personal/business brand, etc. let me know!

Lastly, we’re going back to some of the CRM and business development topics we’ve been working through but I’m going to start adding a lot more structure and even a curriculum as well.

Thank you for your time, attention and support as always!

-Mike

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.10 Restarting the Streak

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

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 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. 8 Call to Action Friday

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 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. 7 CRM

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 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. 6 CRM

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 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. 5 CRM

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 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. 4 CRM

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:

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 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. 3

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 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.