In September we stated working for a client that at first seemed to be a wonderful opportunity. They asked us to help them set up a manpower staffing business in Clark, Pampanga. It was a very interesting proposition. We would go out and sell the business and get a 50% commission on any business we brought in the door. We were given an office space, internet access, business cards, a business proposal and we found a list of potential clients to market too. We started doing a multi channel sales campaign with an e-mail blitz, phone call and in-person meetings. We also did some deep dive competitor research including mystery shopping. And we networked with the government agency in charge of the Clark Freeport Trade Zone. But we made a lot of assumptions and mistakes and after about three weeks of travelling from Makati to Clark (about 2 hours each way), things hadn’t worked out the way we had hoped for. Let’s look at a couple of the issues and analyze them.
1. We decided to set up shop in an area we were not at all familiar with. To mitigate this we hired a local with manpower experience.
2. We had to spend a lot of time travelling, so we had a small window for meetings. So we made sure all appointments where confirmed the day before.
3. We wanted to get to know the way things worked. So I networked with several key people via LinkedIn and in person appointments.
4. We didn’t have any upfront revenue. We got our client to pay most of the upfront costs for marketing and promotions.
5. We need to get our name out there. We sponsored a job fair and I got a speaking engagement at the event.
6. We had to assess the market opportunity. I had a couple of trainees build a prospective client database and map out locations.
So all things looked good. We had a great opportunity, I had applied a lot of analysis and we were ready to go.
But there were crack in the foundation and they had nothing to do with my analysis or our strategy. They had to do with people.
Even the best laid plans don’t work our if you cant count on the people to execute the plans. Partners got distracted, staff had to deal with personal challenges and personal life started to suffer from professional stresses. By the end of September there were more cracks in the pavement then I had cement to fill them with.
But it was still so much fun, so much adventure, so much excitement I just rolled with the blows and kept pushing forward!
Analytics Tool > Tableau Public > http://www.tableausoftware.com/public/
Analytics Concept > Competitor Landscape > http://en.wikipedia.org/wiki/Competitive_intelligence
YouTube Resource > http://www.youtube.com/watch?v=bj1q4zunuN0&feature=share&list=PL8D46F50D27222FD4
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