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60-Second Commercial
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| Guest post by: Edward Abel |
Article Overview: At some point during a networking event, you will have a chance to talk about your business - whether it's a formal part of the event where you speak in front of everyone or it's during informal one-on-one conversations. You need to have a 60-second commercial prepared and memorized before attending the event so that you can easily, calmly, and succinctly talk about your business.
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60-Second Commercial
At
some point during a networking event, you will have a chance to talk
about your business - whether it's a formal part of the event where you
speak in front of everyone or it's during informal one-on-one
conversations. You need to have a 60-second commercial prepared and
memorized before attending the event so that you can easily, calmly,
and succinctly talk about your business.
When
preparing your 60-second commercial, use language that your listeners
will understand and avoid using industry-specific jargon or little
known technical terms. Sounding smart is less important than using
language to which your listeners can genuinely connect.
Here's a structure for your 60-second commercial:
1. Fact First:
Begin with an interesting, relevant fact that will create immediate
interest among your listeners. You can phrase it as a statement or as a
question. For example, if you are a business consultant, you might lead
with the following fact:
"Did
you know that only 20% of start-up business make it past 5 years? The
other 80% fail not because of a lack of talent or skill, but because
they lack the knowledge of how to run a business."
The fact you select must be easily relatable to your products or services, and be relevant to your audience.
2. Benefits: Describe what you do and highlight the benefits you bring to your clients. For example:
"People
who work with me get the proper support, training and guidance they
need to operate a successful business. I teach them how to be great at
running the business."
As
with the "Fact First," the benefits must be relevant to your audience.
You may have to adjust the wording of your benefits on the fly, but if
you initiated your conversation with curious, relationship-building
questions and then gave your 60-second commercial, then you will know
how to phrase your benefits appropriately for that person's unique
situation.
3. Validation: Describe a brief scenario in which your product or service helped someone. For example:
"One
of my clients was confused about how to make her business work. After
she hired me, we developed a functional business plan that allowed her
to strategically manage and develop her business as well as lead her
employees. Her business took a 180-degree turn; it business was no
longer running her, she was running her business."
4. Conclusion: The conclusion is your call to action. It's how you invite the other person to take the next step. For example:
"If
you want to ensure that you are part of the 20% of business owners who
succeed, then let's sit down and create a plan that will make that a
reality for you. Would you be willing to do that?"
With that type of conclusion, it's easy to set up an appointment or a follow-up meeting.
Article Tags: business coach, business coaching, business consultant, business owner, business owners, business training, entrepreneur, ideas for small business, opening a start how to business plan
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About the Author: Edward Abel RSS for Edward's articles - Visit Edward's website Ed Abel has invested more than three decades learning how to build a successful, thriving business. At age 24 with a $5,000 loan and the energy and passion of a young entrepreneur, Ed was ready to take on the world. And he did, only to emerge seven years later at the top of a $36 million organization with 585 employees. Inspired by the challenges that led him to success, Ed went on to build other multi-million dollar businesses, yet he missed the passion he experienced "in the trenches" of his formative years. Determined to find a way to educate and advise others in the construction and sustainability of a vital business, he founded ABEL Business Institute. Over the course of this process, he developed The SkillPreneur Business System, a systematic approach to the construction, maintenance, and growth of a business's--an approach that has become the philosophy and methodology of ABEL Business Institute. Ed is an adjunct professor of entrepreneurial studies at New York University (NYU) as well as the Director of the business division at the world class Institute for Professional Excellence in Coaching (iPEC). At iPEC, Ed directs the business division that is responsible for supporting the graduate coaches in their business development process. Click here to visit Edward's website Customer Loyalty and Chinese Food The Art of Effective Communication in the Small Business World Six Steps to an Effective Business Proposal How to close the deal with an effective Sales Conversation 60Second Commercial |
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