Will You Add?
#1 in Business Subscribe Email Print

You are here: Home > Business > Small Business > Computer Consulting: Balancing Your Portfolio

Tags

  • clientsyou
  • theyre
  • worldthese clients
  • these clients
  • management consultant

  • Links

  • What's Your REAL problem??
  • Getting What You Want As A Step-Parent
  • Lies, Damn Lies and 99.9% Uptime
  • Will You Add? - Computer Consulting: Balancing Your Portfolio

    Outsourcing Your Work
    A few weeks ago I touched on the subject of getting other people to do your work for you. I want to cover this topic in a bit more detail as outsourcing is a superb way of saving yourself both time and money.By way of example, let me start with a short story :-)At 8.30pm one night last week
    ar. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem

    Underlying Keys to Motivation
    Motivation starts with vision. In other words, people need to believe that they will succeed in what you are motivating them to do. No one likes to lose. For that matter, no one wants to lose. No one even wants to be associated with losers. So overcome this hurdle and instil
    Do you have a balanced portfolio in your computer consulting business? Target 70% of your businesses in the small business state.

    Keep a small amount of your business dealing with home networks and the consumer side and then have 5-15% of your business with much larger businesses. This setup works for many computer consulting professionals but it all depends upon where you want to take your business.

    Don't Put All Your Eggs in One Basket

    Make sure that no single one of these clients accounts for more than 10 percent of your computer consulting revenue. If you get most of your money from one source and then lose that client because they were acquired, sold, or had a change in management, you stand to lose a lot of revenue. It is very difficult to bounce back from something like that.

    Fire Your Bad Clients

    As crazy as it seems, you may also choose to fire one of your clients. Every once in awhile you’re going to run into some real problem clients that aren’t worth all the money in the world.

    These clients will drive your computer consulting staff nuts to the point that they’re taking sick days and everyone’s dreading going out to see them. At some point you'll decide to cut them loose. If they make up too much of your current base, you'll have a hard time firing them.

    Reasons to Fire Clients

    You may also have some clients that aren’t meeting your monthly revenue goals and aren’t paying on time or aren’t meeting their computer consulting contract commitments. You really need to have the luxury of cutting one or two of them loose each year without it taking a huge chunk out of your revenue.

    Lots of management consultant gurus say that you should fire your bottom 20 percent of your customer list every year. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem

    How Promotional Products Can Drive Your Business
    Widely recognized as an essential and effective part of the marketing mix, there are many ways in which promotional products can help drive forward your business. The prime function of promotional products is to communicate with customers and prospective customers. They are regularly used by organizations
    e Basket

    Make sure that no single one of these clients accounts for more than 10 percent of your computer consulting revenue. If you get most of your money from one source and then lose that client because they were acquired, sold, or had a change in management, you stand to lose a lot of revenue. It is very difficult to bounce back from something like that.

    Fire Your Bad Clients

    As crazy as it seems, you may also choose to fire one of your clients. Every once in awhile you’re going to run into some real problem clients that aren’t worth all the money in the world.

    These clients will drive your computer consulting staff nuts to the point that they’re taking sick days and everyone’s dreading going out to see them. At some point you'll decide to cut them loose. If they make up too much of your current base, you'll have a hard time firing them.

    Reasons to Fire Clients

    You may also have some clients that aren’t meeting your monthly revenue goals and aren’t paying on time or aren’t meeting their computer consulting contract commitments. You really need to have the luxury of cutting one or two of them loose each year without it taking a huge chunk out of your revenue.

    Lots of management consultant gurus say that you should fire your bottom 20 percent of your customer list every year. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem

    What Does Your Environment Say About You And Your Business?
    Even though this is the last issue in our series on mindset, the topic itself is always there because every action we take is born from a thought we had first. What we think comes from how we think. For example, becoming successful starts with thinking you’re going to be successful, which was born from
    fire one of your clients. Every once in awhile you’re going to run into some real problem clients that aren’t worth all the money in the world.

    These clients will drive your computer consulting staff nuts to the point that they’re taking sick days and everyone’s dreading going out to see them. At some point you'll decide to cut them loose. If they make up too much of your current base, you'll have a hard time firing them.

    Reasons to Fire Clients

    You may also have some clients that aren’t meeting your monthly revenue goals and aren’t paying on time or aren’t meeting their computer consulting contract commitments. You really need to have the luxury of cutting one or two of them loose each year without it taking a huge chunk out of your revenue.

    Lots of management consultant gurus say that you should fire your bottom 20 percent of your customer list every year. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem

    Small Business Marketing Help #1: The Diary An Angry Ad-Man
    This week something unbelievable happened. Monday was the first day of a brand new radio campaign for a brand new client. I won't name the client, the station, or even the market this happened in.Due to budget restraints on the client-side, the spot was produced by the station (read free). Of cour
    to Fire Clients

    You may also have some clients that aren’t meeting your monthly revenue goals and aren’t paying on time or aren’t meeting their computer consulting contract commitments. You really need to have the luxury of cutting one or two of them loose each year without it taking a huge chunk out of your revenue.

    Lots of management consultant gurus say that you should fire your bottom 20 percent of your customer list every year. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem

    Is Being Your Own Boss Really What It Seems To Be?
    Hating your boss… that, of course, is not a new concept. Before I started in my freelance career, I always had a job where I constantly loathed my boss. This even dates back to when I was sixteen (I am 30 now) and working at an Orange Julius stand in my local shopping mall. Though I was never that employe
    ar. You may not need to be that precise, but you are going to find some people that have ridiculous, unrealistic demands and you should be prepared to fire them.

    Make Room for Your Ideal Clients

    Don't tolerate computer consulting customers that are verbally abusive, harrass you, and cause you too much stress. If you have enough other clients that are the kind you want to work with, it will be easier for you to replace the problem client rather than reform him.

    Copyright MMI-MMVI, Small Business Computer Consulting .com. All Worldwide Rights Reserved. {Attention Publishers: Live hyperlink in author resource box required for copyright compliance}

    HTTP = HTML link (for blogs, profiles,phorums):
    <a href="http://www.atriclecheck.com/article/42452/atriclecheck-Computer-Consulting-Balancing-Your-Portfolio.html">Computer Consulting: Balancing Your Portfolio</a>

    BB link (for phorums):
    [url=http://www.atriclecheck.com/article/42452/atriclecheck-Computer-Consulting-Balancing-Your-Portfolio.html]Computer Consulting: Balancing Your Portfolio[/url]

    Related Articles:

    Discover How You Can Find Legit Work At Home Jobs For Mom In Just 6 Steps And 5 Minutes Flat

    How to Protect Your Business from Credit Card Fraud

    Business Management Case Study; Realities of Over Disclosure and Regulations in Franchising

    Bookmark it: del.icio.us digg.com reddit.com netvouz.com google.com yahoo.com technorati.com furl.net bloglines.com socialdust.com ma.gnolia.com newsvine.com slashdot.org simpy.com shadows.com blinklist.com