Quote by JOHN WARRILLOW - Deepstash
Ultimate Guide to Reducing Churn

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How to analyze churn data and make data-driven decisions

The importance of customer feedback

How to improve customer experience

Ultimate Guide to Reducing Churn

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JOHN WARRILLOW

“Don’t be afraid to say no to projects. Prove that you’re serious about specialization by turning down work that falls outside your area of expertise. The more people you say no to, the more referrals you’ll get to people who need your product or service.”

JOHN WARRILLOW

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MORE IDEAS ON THIS

About finding an advisor

Find an adviser for whom you will be neither their largest nor their smallest client. Make sure they know your industry.

Avoid an adviser who offers to broker a discussion with a single client. You want to ensure there is competition for your business and a...

44

202 reads

Owning a process puts you in control

Owning a process puts you in control

  • Owning a process makes it easier to pitch and puts you in control. Be clear about what you’re selling, and potential customers will be more likely to buy your product.
  • Don’t become synonymous with your company. If buyers aren’t confi...

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286 reads

JOHN WARRILLOW

“To sell your business, you need to demonstrate to a buyer that you have a sales engine that will produce predictable, recurring revenue."

JOHN WARRILLOW

52

322 reads

Using the right language

If you want to be a sellable, product-oriented business, you need to use the language of one.

Change words like “clients” to “customers” and “firm” to “business.” Rid your website and customer-facing communications of any references that reveal you used to be a generic service business...

46

213 reads

Don't rely too much on just one client

Relying too heavily on one client is risky and will turn off potential buyers.

 Make sure that no one client makes up more than 15 percent of your revenue.

53

378 reads

Sales and sales reps

Sales and sales reps

  • Take some time to figure out how many pipeline prospects will likely lead to sales. This number will become essential when you go to sell because it allows the buyer to estimate the size of the market opportunity.
  • Two sales reps are always better than one.

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199 reads

Don’t generalize. Specialize

Don’t generalize. Specialize

If you focus on doing one thing well and hire specialists in that area, the quality of your work will improve and you will stand out among your competitors.

53

412 reads

Scalable things meet three criteria

Scalable things meet three criteria

  • They are “teachable” to employees (like the Stapleton Agency’s Five-Step Logo Design Process) or can be delivered through technology;
  • They are “valuable” to your customers, which allows you to avoid commoditization;
  • They are “repeatab...

48

237 reads

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Get outside of your comfort zone

Get outside of your comfort zone

Find techniques that can not only help you get outside of your comfort zone but also work on improving your weaknesses.

You don’t have to become a guru. Just familiar enough in that area so that you’re more comfortable and can deliver what people need and want.

Say No

Say No

Most people are afraid to say no. Maybe you don’t want to let people down. Maybe you are uncomfortable with the word no. Doesn’t matter, really. What matters is this: If you keep saying yes, you’re living someone else’s life.

Think about it. Deep down, we all know that it’...

Set healthy boundaries

To advance and take on more responsibility does not mean you have to say yes to everything. However, you should learn how to delegate and know which things to say no to.

  • Volunteer for cross-functional task forces and opportunities that broaden your network.

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