business growth graph

Scale Your Small Business: 5 Key Growth Strategies

What Does Growth Mean to You?

When you say that you want to grow your business what exactly do you mean? Most of us assume when we say growth we mean revenue growth, so let’s assume for a minute that you want to grow your revenues and profit. Many business owners focus on getting more clients to grow revenue, but is that always the most effective strategy? What is the best growth strategy for YOUR business?

Here are 5 effective growth strategies for your business:

ONE:

Grow your client base. This is the obvious one. If you want to grow your revenues, you can sell more stuff (or more services) to more people. Whether or not this is the best growth strategy for your business depends on a few things.

First, do you have capacity? In other words, if you get more clients or customers, are you able to serve them? Or if you don’t currently have capacity, can you easily grow it to meet demand? Will you have to invest in new equipment, new people, additional resources?

Another question to ask yourself is what does it cost to acquire a new client? How efficient is your marketing and sales process? If acquiring a new client is very expensive, then this will cut into your profit margins.

Here’s an extreme example. The restaurant chain Red Lobster is currently considering filing for bankruptcy after their “Ultimate Endless Shrimp” deal brought in so many customers who ordered unlimited shrimp that the chain lost $12.5 million in one quarter. The promo worked to bring in more customers, but the cost of those customers turned out to be higher than the revenues they added. Increased revenue does not always lead to increased profits if the cost of acquiring that revenue is too high.

However, if you

  • have the capacity to serve more clients
  • know exactly who you are marketing to
  • can reach them very efficiently and cost effectively
  • have a message that is highly effective at bringing in your ideal clients

then growing your client base is a great way to grow your revenues profitably.

TWO:

Sell more to your existing client or customer base. This is a growth strategy that is often overlooked. It is easier and more profitable to sell more to your existing clients than to acquire new ones. Especially if you already have more products or services that they can purchase from you, marketing those additional offerings to your existing clients is much less expensive and often more efficient and effective than marketing to get new clients.

Presumably you have happy clients who already know you, like or even love you, and trust you. In this case, you can easily reach them through emails or even phone calls. You can inform them of additional products or services that are available or offer upgraded packages or bundles.

Another way to sell more to existing clients is to try to increase the frequency of their purchases. What incentives can you give them to come back sooner? Sometimes just staying top of mind will increase how often they buy from you.

 

THREE:

Add new products or services to your offerings. Another way to increase your revenues is to expand what you offer. Expanding your product or service mix can both bring in new clients and increase what your existing clients are spending with you. This growth strategy carries both risks and significant potential benefits.

On the risk side, it has the same risks mentioned above when we talked about growing your client base. If you are going to add a new product or service, you must evaluate if you have the resources and the capacity to do so. Another risk: if you invest time and resources in developing a new offering, and the offering doesn’t sell or doesn’t meet expectations, this could be a loss for your business.

On the benefit side, if you are very tuned into your client base and what they want and need, the opportunity to create something that they will be excited to purchase from you is real. We highly recommend using the Wish List Interview technique (Chapter 8 of The Pumpkin Plan) to identify gaps in your industry that you can fill. You can then use the Insider Strategy (Chapter 9 of The Pumpkin Plan) to develop your new product or service with input from your clients. By the time it is ready to roll, you will have an audience chomping at the bit to buy your new offering!

FOUR:

Raise your prices. Many small business owners are quick to discount their prices in order to attract new clients or even to keep existing ones. But while discounting may increase the size of your client base, your sales would need to increase significantly in order to recover your profits.

At the same time, small businesses are hesitant to raise their prices because they are afraid they will lose clients. But this growth strategy is well worth considering. If you do the calculations, you will see that because you are increasing your profit margins when you raise your prices, you can afford to lose some clients without sacrificing your profits. Often, you can shrink your client base and still increase your profits.

If you are already at or close to capacity, this is a great way to grow your income without having to work more hours, add team members, or invest in additional resources. Businesses that are clear on what makes them unique will stand out from their competition. If you look different in a way that your clients care about, then your clients will recognize the added value and be willing to pay a premium for it.

 

FIVE:

Leverage your time. This growth strategy is particularly salient for service providers such as coaches, consultants, accountants, bookkeepers, and others whose profitability depends on serving clients both efficiently and effectively. There are a few ways to leverage your time.

One strategy that we strongly recommend: if you are charging your clients by the hour, stop doing that!

If you are charging by the hour, your growth is limited to how many hours you can work. Charging by the hour also opens you up to a lot of client headaches, as they will judge you on the value of your time and not the value of the service you deliver. They might question the number of hours that you worked. If you charge by the hour, any efficiencies that you develop in your service delivery will only benefit your client, and you will actually lose income.

On the other hand, if you charge a fixed fee, or package price, and they are not purchasing a package of hours but rather a package based on:

  • the work you are doing for them
  • the deliverables that you promise and
  • the results that they are getting

then your business will benefit from any efficiencies that you develop.

For example, if you specialize in working with a specific type of client, any processes or solutions that you develop can apply to all or most of your clients. You will not be reinventing the wheel with each client, making the work that you do for them highly effective because of your expertise and less time intensive for you.

Another way to leverage your time is a one to many model. Many coaches and consultants create mastermind or peer groups of their clients, where they teach and facilitate group discussions.

When your clients have similar issues to each other, this is a very effective model for getting results in a very time efficient manner. You can serve more clients without working more hours. This model often further benefits your clients as they receive the support and knowledge of their peers as well.

If you are an entrepreneur and want to hire someone who can help you design your winning growth strategy, you can GO HERE to Hire a Pumpkin Plan Strategist.

If you are a business coach or consultant, and you want to know how to develop your own winning growth strategy, we invite you to become a Certified Pumpkin Plan Strategist.

personal compass core values

Align With Your Immutable Laws to Transform Your Business and Life

If you want to transform your business from one that frustrates and exhausts you every day to one that fulfills your dreams and aligns with your life goals, then you will want to read about Glen Rosciano and his journey from overworked plumber to the CEO of a thriving plumbing company that fulfills his sense of purpose.

Glen experienced this profound transformation by discovering and implementing his Immutable Laws, which are your most deeply held core values. These are the values that don’t change for you, the values that you live by and run your business by.

Glen’s Story Could be Your Story

Throughout his career, Glen Rosciano was a dedicated, hardworking plumber. In 2018 he decided to start his own business, Westover Plumbing. Like many small business owners, he was often the only person working in his business, as he struggled to find good employees.

Glen’s days were filled with the grind of a one-person operation. He couldn’t imagine a time where he wouldn’t be doing the work, rolling up his sleeves and working under houses to install and fix their plumbing.

Glen faced many common challenges, including finding employees that were reliable, working crazy long hours and dealing with constant price pressure from customers and prospective customers.

He often felt like his company was out of sync with his values and the way he wanted to do business. But he wasn’t sure what to do about it.

Then he met Dhiresha Marshall. Dhiresha is an experienced business success coach and a Certified Pumpkin Plan Strategist.

One of the first things that Dhiresha and Glen did together was to figure out his Immutable Laws (core values), a key step in the Pumpkin Plan process.

The Discovery Process

personal compass core valuesEverything changed for Glen when he discovered his Immutable Laws. These guiding principles became the foundation on which he built a business that is not only thriving but also reflects his values and beliefs.

Going through the Immutable Laws discovery process with Dhiresha, Glen determined the three main principles that he wanted to run his business by:

1. On Time Every Time
2. Promises Kept
3. Top-Notch Quality – Organized, Clean, and Prepared

These Immutable Laws became the compass that directs every aspect of Glen’s business and interactions.

Once he determined his Immutable Laws, Glen worked with Dhiresha to craft a company mission that aligned with his values and resonated with his clients.

Leading with Immutable Laws

How did Glen use his Immutable Laws to create such a dramatic transformation, you ask?

As he integrated his Immutable Laws into his business, he transitioned from a mindset of “taking every customer” to confidently saying no to clients who don’t align with his values and the way he wants to do business.

Instead of leading with price discussions, he now opens conversations and inquiries by sharing his Immutable Laws. He no longer haggles over his fees, because he knows he is delivering real value to customers. He only does work for those who appreciate the quality of his company’s work and the way that they deliver on their promises.

The shift has been impactful and remarkable – clients are no longer fixated on the cost of his services. They are drawn to the values that Glenn and his business embody. Prospects no longer ask about his prices up front and instead they ask when he is available to start the job! Problem clients and problem jobs are now a thing of the past.

Clone Your Best Clients

This newfound clarity has also enabled Glen to create a culture of excellence within his company, attracting like-minded employees and fostering customer relationships based on trust and mutual respect.

As he worked with Dhiresha through The Pumpkin Plan process, Glen was able to identify and clearly define who his ideal clients are. Knowing who your best clients are enables you to focus on attracting more just like them into your business. Glen has been able to craft a message that embodies how he does business in a way that appeals to the kind of clients he wants to work with. Those who are just looking for the cheapest labor they can find will go elsewhere, and that is fine with Glen!

A Culture of Excellence

Using the Pumpkin Plan Strategies, Glen has fostered a sense of empowerment and positivity within his company.

With Dhiresha’s support, he has set up systems and processes and real accountability for his employees. This has enabled him to confidently delegate more and more responsibilities to his team members. He is now able to take days off and even full vacations, knowing that his customers are in good hands with his highly capable team and they are upholding his company values. Glen has successfully transitioned from being a solo business owner doing all of the work himself to becoming the CEO of a thriving plumbing company.

Glen received another bonus as well! In addition to the improvements in his business operations, his work with Dhiresha has sparked personal growth and greater emotional resilience. His feelings of frustration and disappointment with his business have subsided, and he is now able to view setbacks as opportunities for growth rather than insurmountable obstacles.

This newfound sense of inner peace has translated into tangible success for Glen and his business, resulting in real growth, financial prosperity, and the ability to contribute to his local community as well.

Certified Pumpkin Plan Strategists have the tools and resources at their fingertips to develop winning strategies for their clients. If you serve the small business sector and would like to become a Certified Pumpkin Plan Strategist go here to APPLY.

Would you like help and support to create your own winning growth strategy? Hire a Pumpkin Plan Strategist today!

adam mckee business owner grows with pumpkin plan

How Long it Takes to Build Consistent Growth with the Pumpkin Plan

It takes time to build your dream business, but consistent work pays off with consistent growth.

Just ask Adam McKee, owner of Contemporary Woods Furniture in Nebraska. Contemporary Woods provides custom woodworking for cabinetry and furniture. When he purchased the company, he thought he had a business that would grow without much work. Soon into his journey, he realized he was wrong. And he set to work trying to find the right process, coaching, framework, anything, that would help him grow.

That’s when Adam read The Pumpkin Plan, about 4 years ago. Adam was tired of doing business the way he had always done it before. He felt like his back was against the wall.

 

“There are many ways an entrepreneur can face poverty. It’s not just money. It’s emotions. It’s time. It’s family. It’s feeling beat down. It’s feeling like you’re not in control. Feeling like you’re held hostage by your work…Mike Michalowicz’s vision of eradicating entrepreneurial poverty spoke to all of those for me.” – Adam McKee, owner of Contemporary Woods Furniture

 

Watch our interview with Adam here.

The Resources

The Pumpkin Plan book provides so many resources for business owners to use. Adam loved the homework at the end of each chapter and still has those pages dog-earred.

However, after working on implementing The Pumpkin Plan on his own, he reached out to Pumpkin Plan Your Biz and downloaded the booster pack, plus found a Pumpkin Plan Strategist.

Adam said, “After he got all the resources he thought, ‘I should have started here first.’ I guess you could do it on your own, but it’s so much faster to do it with help.”

What were the resources that made the biggest impact on his business early-on?

Core Values and Defining Who You Are

Adam worked with his Pumpkin Plan Strategist through the vision process to create a clear vision of where his company is headed and what their mission is. Adam and Contemporary Woods are working to be the foremost maker in the region, inspiring the celebration of craft.

Defining his ideal clients also made a huge difference for Adam. His ideal clients give him great referrals to other ideal clients, and they’re easier to work with.

Defining your niche

The Top Client Wish List interviews provided powerful insights. Adam really enjoyed connecting with all of his best clients in these personal interviews. Not only did he learn a TON that he could use in his marketing, he also built long-lasting relationships that he enjoys.

Timeline – How Long Does it Take to achieve Consistent Growth?

Big changes just don’t happen overnight. Adam and team made a lot of changes during the first year. Many of them were foundational and inspiring.

But it took Adam about a year to see real traction in the process. “It’s all about the building blocks to get you where you want to go.”

With consistency and a plan, Adam says he was able to look back at his progress over multiple quarters and the year. There was real joy in seeing forward momentum!

Progress is always a process. Adam uses the Pumpkin Plan as a feedback loop that he monitors regularly to make sure he’s on track, and he’s getting it right.

Quick Wins From Implementing the Pumpkin Plan

If you’re looking for quick wins, you don’t have to look far. For Adam, the most immediate wins came with a change in mindset. For example, as he implemented the Pumpkin Plan he realized he didn’t have to be the victim in his client interactions.

He also felt immense confidence and personal gratification that he was leading his company on the right path.

Maybe the biggest wins during those first months came from teaching their clients how to work with them better. The communication increased. Boundaries were defined. And it all made everyone’s lives better.

Word of Advice From Adam – Get a Business Coach

“Talking to someone who has implemented the Pumpkin Plan with a lot of different businesses is when you get the big AHA! moments,” Adam said.

For example, the Vendor Well technique is a very powerful tool for generating referrals which Mike Michalowicz explains in the book. But Adam didn’t fully understand how to use it until he worked with a Pumpkin Plan strategist, enabling him to fully implement the strategy to generate ideal leads.  Having an outside perspective was a big game changer. And now he has partners in his industry that send him referrals all the time.

→ Hire a Strategist

Adam says Contemporary Woods is still working on the journey to their goals after 4 years. But they know where they are going, and they’re closer than ever before.

How can you use the Pumpkin Plan to Produce Consistent Business Growth?

If you’re a business owner who wants…

– personal gratification from your business
– to know you’re on the right path to growth
– to find clients that share your values
– to receive client feedback that makes you love your work again
– to experience aha moments that supercharge business success
– a vision that gets you out of bed in the morning

then 🌱 Download our FREE – Pumpkin Plan Booster Pack to receive all of the tools Adam mentions in his interview.

And take Adam’s Advice… 👉 Hire a Pumpkin Plan Strategist to Grow Further, Faster

Find Adam McKee at https://contemporarywoods.com/

employee buy in

Motivate Your Employees to Pumpkin Plan Your Business

Implementing the Pumpkin Plan

After reading The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field by Mike Michalowicz in 2017, Charlotte Wasmer, founder of Virtual Partner Advantage (VPA), knew she needed to implement the business growth strategies from the book into her business. The question was, where to begin?

Charlotte decided that if she was going to be successful, she needed her team members to be onboard. She created a company book club, and invited all of her employees to read the book. Anyone who read the book became part of a special team to implement the Pumpkin Plan strategy, and everyone wanted to be part of the team!


 

Transformative vs transactional

Before implementing The Pumpkin Plan, Charlotte was running 3 different businesses, all providing services to the same group of clients with the same group of employees. The company had also lost site of their purpose and mission. They wanted their services to be transformative and value oriented, but in reality the business felt very transactional. Something was missing.

After a 4 day off site company retreat where they addressed their business issues, the team devised a plan to implement the majority of the Pumpkin Plan process over the course of a year.

Change is good

Virtual Partner Advantage went through a lot of changes over that next year, all with complete engagement and buy in from the employees. Even small change can be difficult in a company, but by involving her team from the beginning Charlotte generated the excitement and enthusiasm that carried them forward.

The first thing that they did was to rebrand the three companies into one company. The next step was to evaluate their client base and decide who their perfect client was.

Once VPA had defined their perfect client, they were able to see which current clients fit the profile and which didn’t. They used the profile when speaking with prospective new clients to make sure that the relationship was going to be a good fit, and that VPA could do their best work for them. As a result, their client engagements run more smoothly and the outcomes are more successful.

Demonstrating value

One very powerful technique in the Pumpkin Plan Book, the Wish List Interview, involves speaking with your ideal clients to understand what they care about most. After conducting Wish List Interviews with their clients, the company was also able to identify what made VPA unique in the eyes of their ideal clients, and why their clients chose to do business with VPA. This enabled VPA to clearly articulate and demonstrate their value to their clients.

On the employee side, going through the Pumpkin Plan process gave them a true understanding of the role that they each played, how they provided value to the client, and how they were impacting the success of their clients’ businesses. This in turn gave the employees a sense of how their actions were contributing to VPA’s success. Charlotte created an incentive plan to share the company’s profitability with her employees, creating a win/win/win for everyone.

Since implementing the Pumpkin Plan, VPA does not try to be everything to everyone. They focus on serving a specific industry and type of company. VPA almost can’t keep up with the steady growth. Their new clients come in almost entirely from word of mouth. Charlotte knows that when she focuses on what her company does best and sticks to it, they are able to bring true value, work with great people and create sustainable profitability for her business.

Would  you like help and support implementing the Pumpkin Plan in YOUR business? Hire a Certified Pumpkin Plan Strategist!

Are you a coach or consultant who is passionate about helping small businesses to grow and thrive? Get Certified as a Pumpkin Plan Strategist

Tina Smith Connect to Creative

Pumpkin Plan Your Business for Profit and Happiness: Tina’s Story

Tina Smith Connect to CreativeDoing it the Hard Way

Tina Smith of Creative, Inc. was building a successful small business the hard way. She was working long hours, providing a variety of great services to a variety of clients, but not getting the profitable growth and overall results she knew her business was capable of.  Her company’s finances were always tight and it felt like a huge struggle to make any progress towards greater profitability without working even longer and harder. As a result, she didn’t feel like she was always a very nice human being! And then she read The Pumpkin Plan.

“I was constantly trying to do a passion project alongside of work to make money because we are trying to make the world a better place. But I was so grumpy all the time because I didn’t have basic needs met.”

Creative, Inc. started out as a traditional marketing agency that offered a lot of different marketing services. They did everything – running ads – both online and print, social media marketing, website design and development, and more. Each of those services required specialized knowledge and specialized tools and resources.

The Change that Made the Biggest Difference

When Tina discovered The Pumpkin Plan, everything started to change. The first thing Tina did was the Top Client Assessment. As she put together her list of clients and started looking at their individual profitability, she realized that many of her most “difficult” clients were also paying her the least amount of money. Light bulb moment! Those unprofitable clients were the low hanging fruit, and she quickly off-boarded them by suggesting that they would be better off with a different agency.

Tina’s next step was to dive a little deeper into the services that she was offering and which of her clients were buying which services.

“Because we offered so many different services, we were attracting all sorts of different people. One of the things that I did was figure out what services we liked to provide and which ones we just hated.”

Tina was able to clearly and specifically define who her company serves and what services they provide to those clients. She eliminated the services that they no longer wanted to provide (such as social media marketing) and streamlined her operations to focus on website design, SEO and email marketing funnels. Tina was then able to eliminate the expenses and resources that were necessary for the services that she was no longer providing, leading to much greater profitability.

Once Tina narrowed her focus to a specific niche, growth also became easier and more profitable. Her marketing became much less costly:

  • She was marketing to a very specific group of people so she could be very targeted with her marketing dollars
  • She was speaking to a specific group so her message resonated extremely well
  • Her specific and targeted marketing lead to more word of mouth and more yeses


An Ongoing Process

Tina recognizes that The Pumpkin Plan is an ongoing process of refining your strategy and evaluating your results. After her initial success with her Top Client Assessment she decided to work with a Pumpkin Plan Strategist to guide her to amplify her results.

“You can read The Pumpkin Plan and do some things that will help you out immediately. But until you get an expert who’s seen this over and over with different businesses, and they can tell you which lever to pull at the right time, it’s hard to get as much out of it as possible.”

Working with a Certified Pumpkin Plan Strategist at Tap the Potential, Tina has continued to refine her strategy and create the processes that enable her to deliver her services efficiently and profitably, without having to work harder and longer hours.

“Every time I go through the process, whether it’s the Client Assessment or the Client Wish List or something else related to our Sweet Spot, we get better and more profitable.”

Taking the Leap

Many business owners are afraid to narrow their focus because they worry it will cause their business and their income to shrink. Tina initially had this same fear, so she took small steps in the beginning and built momentum. As she started focusing on a specific niche “something kind of magic happened.” As she started saying “no” to the less than ideal clients it opened up the possibilities for saying yes to the right clients. Tina experienced a dramatic improvement in her finances and her satisfaction with her business with much less effort. Her only regret is that she didn’t make these changes sooner!

Today, Tina says she is a much nicer person. Thanks to The Pumpkin Plan she is working with clients that she loves, she has a predictable income selling the services that she loves to offer, and she is happy instead of grumpy!

Are you passionate about supporting small businesses to grow and thrive? Become a Certified Pumpkin Plan Strategist

Would you like help and guidance to reach your business goals? Hire a Pumpkin Plan Strategist

Pumpkin Plan

The Business Strategy that Changes Lives

Successful but Miserable

Christeen Era was a successful business owner with a thriving business. And she was miserable. She had built her business from scratch. But there were elements of the business that she just hated. She had clients that made her life miserable on a regular basis. Sometimes she didn’t even want to answer the phones. She had employee headaches. She had no control over her time. Eventually, she realized that this was not how she wanted to live her life and something had to change. So she took that business apart and started over with a new business strategy.

As Christeen was building her new business and trying to stay on course, she discovered The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field, by Mike Michalowicz, and the light bulb went on for her.

The Pumpkin Plan is based on the idea that when you are operating in your Business Sweet Spot, business growth stops being hard.

The Sweet Spot is the place where 3 key elements of your business align: your Top Clients, your Unique Offering and your Systems and Processes.

Pumpkin Plan

When you have an identifiable Top Client Niche, a Unique Offering that your Top Clients want and need, and the Systems and Processes to deliver your Unique Offering to your Top Clients efficiently, effectively and profitably, you are in your Sweet Spot.

As Christeen read the book, she was able to identify the reasons why she so was unhappy in her first business, and make sure that she didn’t make the same mistakes again. The last time she was not operating in her Sweet Spot. This time would be different.

Life Changing Transformation

Christeen was so impressed with the power of the The Pumpkin Plan method, that she decided to become a Certified Pumpkin Plan Strategist so that she could help her clients undergo the life changing transformation that she was experiencing.

(Go HERE to watch a video of Christeen talking about the impact that becoming a Pumpkin Plan Strategist has had on her business).

For Christeen, that transformation started with the Mission, Vision,  and Purpose exercises from the Pumpkin Plan Program. Getting really clear on her long term vision and her business mission, as well as her core values, made a huge difference to the direction of the business. Putting these thoughts on paper enabled her to see how her business vision could enable her vision for her life.

She saw that she could have a profitable company, she could buy the house of her dreams, she could go on vacations with her family, and give herself space to not have to work around the clock to achieve her financial goals. According to Christeen: “I don’t think we would even be here where we’re at now, if we hadn’t applied the mission, vision and purpose exercises the way that we did.”

The Power of Niching

Christeen’s business, Core Growth Strategies, is a high end accounting and business growth consulting company. Initially they were serving a diverse group of small businesses. After doing the Top Client Assessment from the Pumpkin Plan, Christeen identified a niche client base – the Lawn Care and Landscape Industry. She recognized that she had a found a group of business owners that really needed her help, and she felt uniquely qualified to serve.

As she slowly started getting rid of the clients who were not ideal for her company, everything started operating more smoothly, efficiently and profitably.

Christeen saw such a big opportunity to go all-in serving her client niche that she started a separate business with a partner, Green Profit Academy, specifically focused on delivering profitable growth strategies to the Lawn Care industry. Because she knows the industry so well, and she knows their issues and challenges so well, she has been able to take a deep dive into finding solutions that are specific to their industry. She has created tools and processes, and customized the Pumpkin Plan and Profit First tools to meet the specific needs of her client niche.

Specialization has had many benefits for Christeen’s two businesses. Because they are serving a specific niche, she has been able to streamline her operations, making it easier to run her businesses.

Christeen’s team members know exactly what her clients need, and they have the systems to support that. Her employees don’t have to learn about or ask questions about many different types of businesses, because they are focused on serving one type of business.

Christeen and her companies have become known as the experts, the go-to accounting and coaching firms in the Lawn Care industry. The word has gotten out, and prospective clients are finding her. Her marketing has become highly streamlined and effective, as she can speak to the specific needs of her clients’ industry. The return on her marketing investment is high, creating higher profits in her business.

The Biggest Transformation

The biggest transformation for Christeen, however, has been how she feels about her business. She and her team members are really passionate about what they do. They know that they are making a real difference in the lives of their clients and that is very rewarding for them. Thanks to The Pumpkin Plan strategy, Christeen is bringing in the income that supports her lifestyle, she has control of her time, she is doing work she is passionate about, and she has fallen back in love with her business!

Are you passionate about supporting small businesses to grow and thrive? Become a Certified Pumpkin Plan Strategist

Would you like help and guidance to reach your business goals? Hire a Pumpkin Plan Strategist

Business Coaching Meeting

 The Perfect Time to Become a Small Business Coach

If you are a small business coach or consultant, or you have been thinking you want to become a small business coach, your services are needed now more than ever!

New businessesThe COVID 19 pandemic disrupted lives and businesses around the globe. It also inspired a record number of people to take the leap and start businesses in 2020 and 2021. More than 4 million new business applications were filed in the U.S. in the first 9 months of 2021. 4.4 million new businesses launched in the U.S. in 2020, up 24% from 2019, and up 51% over the 2010- 2019 average.

Wow. Those are eye opening statistics! Add these numbers to the already existing 31 million small businesses in the U.S., defined as having 500 or fewer employees, and there is a substantial market to serve!

Why Entrepreneurs Launch Businesses:

Some started businesses during the pandemic out of necessity. For others the pandemic was the push they needed to pursue a long-time dream. Regardless of the reason, many of those business are going to need coaching and advice to keep going and continue to thrive.

Most small businesses start with an idea and the founders hit the ground running. They rarely have a clear underlying strategy. This lack of strategy eventually leads to obstacles and roadblocks that the founders don’t know how to address. As a result, 20% of all small businesses don’t survive past the first year. 80% don’t make it to year 5.

Imagine the difference it would make if those struggling businesses had the help and support of an expert business coach…

Many new business founders left their corporate jobs to pursue their business idea. Business owners who are used to working at large corporations often find that their big-business skills don’t directly transfer to small business. They also realize that while they have specific knowledge and skills, there are no “other” departments to rely on for the areas that they do not have expertise in. They will need help filling in those gaps.

Other founders might leave a small business to start their own business in the same industry. They believe that they have the knowledge and skills to do it better, or maintain a better lifestyle, working for themselves instead of someone else. What they often discover, however, is that understanding how to do the work of the business does not necessarily mean they know how to devise and implement effective business strategy. They know how to work IN the business, but they don’t know how to run the business well. They need a coach, consultant or mentor to help them transition from the worker bee to the visionary leader.

Be the Lifeline

Small business coaches can be a lifeline to overworked and overwhelmed business owners who often started their business with a vision of a better lifestyle and more control over their time and circumstances, only to find that their business is running them and sucking the life out of them!

The path to success if you want to become a small business coach is to identify a niche, a defined group of entrepreneurs who have the same or similar challenges and provide a specific solution to those challenges. If you know specifically who you want to work with (for example, a specific industry or type of business), you can figure out where to find your ideal clients and target your marketing and sales in those places. If you know what their biggest problems are, you can show them that you have a solution.

The easiest way to enroll clients and deliver consistently great results is to use a prescribed process that is designed to take a business from a specific point A to a specific point B.

Make a difference – become a small business coach

For example, The Pumpkin Plan Business Growth Program takes small business owners from overwhelmed, frustrated and stuck in a holding pattern into a state of flow and  healthy, organic growth.

The Pumpkin Plan Program provides a step-by-step system of removing the obstacles that most small businesses encounter:

  • not enough visibility
  • not enough clients
  • inability to stand out
  • no consistency
  • too many daily fires
  • growth at the expense of profitability
  • growth at the expense of the owner’s lifestyle
  • employee issues
  • no control over their lives or the business

The Pumpkin Plan Strategy shows them the path to sustainable, profitable growth and time freedom for the business owner.

Certified Pumpkin Plan Strategists leverage:

  • the high visibility and continued strong sales of the book, “The Pumpkin Plan: A Simple Strategy to Grow a Remarkable Business in Any Field” by Bestselling Business Author Mike Michalowicz
  • the Credibility they receive from Pumpkin Plan Training and Certification
  • and the ongoing support they receive as part of their Pumpkin Plan Membership…

…to grow their own coaching business while making a real impact on the small business world.

If you dream of becoming a small business coach or consultant, or you already are one and:

  • you are passionate about supporting small businesses to succeed
  • you want to make an impact and contribute to the strength of our economy
  • you don’t want to reinvent the wheel and create your own coaching program

Then we invite you to invest in yourself and your business and apply to become a Pumpkin Plan Strategist!