Posts Tagged ‘plan’

* How to Fail

Posted on February 4th, 2010 by tim bursch. Filed under business, sales, story.


This is my story for #FAILweek. How to Fail. Don’t Plan.

The State: I was working with a partner in the investment business. Big dreams. Lots of ideas. We were targeting clinics and hospitals for new clients. Our project was a big conference down south at a hotel/casino. I was responsible for marketing and running our booth. Our goal was to find (big) clients and build relationships. I was hopeful that running a golf contest (Doctors like golf right) would work.

The Fireball: I walked away with one or two leads. Boom!

The 3 main reasons I failed:

  1. I didn’t have a good plan. It was generic.
  2. I wasn’t offering anything of value to prospects. Except golf balls.
  3. I didn’t engage with people where they were. The potential clients were there for education. I stayed at the booth.

The Lesson: Looking back it’s pretty obvious. I got zero results because I didn’t have a plan. I am learning more and more to start at the goal and work backwards. Break the big mountain into small hills. I also learned to bring something of value to a prospect. It could have been a resource or a connection.

Failure is not fun, but I’m slowly learning that it’s part of being human.

Have a story about failure? Add yours to the comments. Or head over to #FAILweek.

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