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LegacyBizLeaders.com NOT YOUR FATHER'S WORLD
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Not Your Father's World

Feb 20, 2017

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Business

Fred Reikowsky
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Page 1: Not Your Father's World

LegacyBizLeaders.com

NOT YOURFATHER'S WORLD

Page 2: Not Your Father's World

THE WORLD WE LIVE IN AND DO BUSINESS INIS CHANGING – FAST.

Page 3: Not Your Father's World

That means two things;first, our customers have changed,and second, we must change tokeep up with them.

Page 4: Not Your Father's World

While business fundamentals likesystematizing, getting organized andmeasuring key indicators remainconstant, just about everything else isin flux.

Page 5: Not Your Father's World

What does this mean for you?

Even compared to just 10 years ago,the digital age has forced a transitionto much more informational vs.ideological thinking.

Page 6: Not Your Father's World

Now more than ever price iscommoditized and valuede-emphasized.

Page 7: Not Your Father's World

Most of you are likely not in thecommodities business (think sellingwidgets vs custom homes andremodeling). Therefore you cannotcompete on price and survive.

Page 8: Not Your Father's World

So how can you adapt – or better yet,how must you adapt to stay inbusiness and thrive?

The answer lies in community. Iftoday's world is informational, it is alsomuch more relational!

Page 9: Not Your Father's World

Today's community at large is theinternet. And most (if not all) of yourprospects already belong to it.

Page 10: Not Your Father's World

To adapt, your business, regardlessof size, must behave like amini-community or tribe within thecommunity at large.

Page 11: Not Your Father's World

You must be visible and participatingin a way that allows prospectivecustomers to find you and becomeinterested enough to want to knowmore.

Page 12: Not Your Father's World

In other words, for a prospect to trustyou enough to reach out to you, youmust first be perceived as acommunity member.

Page 13: Not Your Father's World

In our fathers' world trust and valuewere largely assumed, andtransactions were a logical next step.

Page 14: Not Your Father's World

But this is not your father's world. It'sfast, and requires a community oftrusting relationships for organizationsto connect and succeed.

Page 15: Not Your Father's World

Need help?Call Legacy Business Leaders:330-470-1300.LegacyBizLeaders.com