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What Every Speaker MUST Have Before Having Anything Else

Link to: MasterMind Groups

The National Speakers Association is not only the voice of organized professional speaking, it is also the educational force that drives forward the careers of new professional speakers. But how do you get "there?" How do you get started or re-started?

Don't even think about launching a speaking career without having at a minimum…

1. A well-defined topic. It means nothing to want to talk to people "and really motivate 'em." You genuinely have to have something to say--a clear message of value to others which they will pay you to talk about. And more than a message, it must be obvious that you solve a problem the client has. Compare: "I talk about sales" vs. "I help tap into new markets for companies stuck on old plateaus." Optimally, you could use 2-3 well-defined topics on one subject (three facets of one stone) because shows you have depth.

2. A target population. If you plan to get out there and Speak to People ("all the world is my audience. Anyone can benefit from what I have to say!"), you probably won't get any audience anywhere. What does your targeted group have in common? An industry? A skill? A life condition? A certain challenge? What makes them unique as a group that puts them in common with you? You can't just go somewhere; you have to go somewhere!

3. A twenty-minute Rotary talk. At the drop of a hat, you need to be able to stand up and deliver a dynamic 20 minute talk on your topic, stay focused, with a meaningful and interesting message. If you can't make a point in 20 minutes, you don't have a point. To develop your speaking skills, you need a live audience. The country is full of civic organizations like Rotary, Kiwanis, Chambers of Commerce that meet one to four times a month and will give a speaker-with-a-message 20 minutes. For this you get something more valuable than a small honorarium and a paper weight: experience with a live audience on your topic. Be real with these audiences, and be on top of your game.

4. A 25 word "elevator speech." That's a brief and interesting way to tell people what you do and why it is valuable. For example, "have you ever been treated rudely by a sales clerk who made you feel like a huge inconvenience to the store? I teach them how not to do that." Ok, that's 29 words, but you get the point.

5. A speaker's one-sheet. In the space of one sheet of paper (front only, or front and back), you introduce yourself, your topic area, what you can do, who has hired you before, give evidence that you are good, and how to contact you. Think of this as a big business card with a mission since the purpose is to get a decision from people as to whether you fit into their plans.

6. If you don't have a full color speaker's brochure, at least you need an interesting, professional quality tri-fold brochure. And don't fill it with 600 words in small type. It should briefly explain who you are, what you do, how to get in contact with you and make it interesting enough to get them from the cover to the contact information.

7. A list of five to twenty people from different companies who can vouch for you. "Yes," they say, "I know [speaker] and have seen him speak. And I'd do it again in a heartbeat." In addition to giving these names out with their permission, you should also call them periodically to ask for referrals. But if you have twenty of these names, don't give the same names out to everyone. Rotate them so your cheerleaders don't get overwhelmed.

8. A contact list with at least 200 people. Each of the 200 people should be in a position to hire you, or recommend you to someone who can hire you. It is best if the 200 already believe in you and love you even when you are wrong. Start by calling these 200 yourself. But inevitably, you will have to call someone who doesn't know you yet.

9. A telephone booking script. Can you give someone five reasons to have you speak? Five sample benefits from hiring you? Do you have five different ways to ask for a decision? You shouldn't run out of scripts before they run out of indecision! Write out these scripts and keep them handy by your phone.

10. A determined fee. There is nothing wrong with going with the flow, negotiating a deal, working within their budget, etc. But if you don't have a specific fee in mind--your estimated value for what you do and not a figure you pulled out of the clouds--you will always be at the whims of "gee, we don't have much of a budget for speakers (although we have $30,000 to spend on convention luncheons, hors d'oeuvres, coffee breaks and the open bar on the first night of the convention.") Your determined fee (your sense of your value) is the starting point from which you are free to subtract if you need to, or add to if they want more services from you.

11. Get on your feet! Being inspired by watching Tiger Woods compete would not make me a good golfer--inspired or not. Professional athletes--all of them gifted to begin with--have spent their lives practicing 6-8-10 hours a day. Those who want to compete professionally have to walk in ready to perform at the same level of other gifted athletes who already have those years of experience. Certainly the same is true for professional speaking ... as well as musicians, comedians and writers. This isn't like giving-birth-makes-you-a-mother. Professional experience on your feet in front of an audience makes real difference in your platform skills. Working with an effective coach accelerates your experience. (More on that in a moment.)

12. Money in the bank and a clean credit card. Like other fields (music comes to mind), professional speaking has no true overnight successes. But there are many overnight successes who took five to seven years to be discovered. You are going to have some negative cash flow--sooner, rather than later--so don't hobble yourself by starting out in debt and quickly making it worse. Credit card interest is the angel of death.

13. You need a real e-mail address. You have to be able to get information quickly to and from others. Not having an e-mail address identifies you with old school, old technology. The computer revolution isn't going to go away even if you choose not to participate. (More on that when we discuss web sites.)

14. You need a membership in the National Speakers Association. If you are going to do something for a living, why not belong to the association of people who do that for a living? NSA's heavy focus on professional education shaves years off your learning curve regardless of your level of experience and gives you access to important discussion of issues you won't see addressed anywhere else.

Very quickly after all the things you have to have first, there are other things you must have soon thereafter. Many speakers - smart, experienced people who know what they are talking about - will tell you this second list is so important that it should be part of the first list.

15. A Marketing Plan. How are you going to go about this? What are you best at? If you could pick your topic, audience, location, event and fee/value, what would it be? What is the venue and circumstance under which you shine best? Then, do what you can to make that happen. Who will you call? How can you generate the most referrals? Are there other income streams open to you (consulting, product sales)? What is your time table?

16. A written budget keeps you from planning out of your checkbook. Are you making a profit? "Gee, I dunno; let me see if there is money in the account." How much cash do you have now? Where will the new money come from and when will you have it to re-invest into your business? If you took your marketing plan and your budget to your banker, is it solid enough that your bank would make you a business loan based on it? If not why should you invest your own money in your business?

17. A professionally designed brochure. This is not a good place to skimp. You need color, layout, graphic design, tight copy writing and balance. You need it to look better than you could ever do yourself. You can accept speaking fees that are less than the quality of your brochure, but you never get offered any fees higher than the quality of your brochure.

18. A 4-8 minute demonstration video. You don't have to spend $8,000 to $10,000 on it, although you could. But don't spend less than $500, and don't even flinch until you cross the $2,000 mark. Your demo video has to have television network broadcast quality, and you have to look worth it. If your great video is of you on an off day, it will clearly show people why they should not hire you. Ask to see other speaker's videos, and ask your video producer to show you other examples of what they have done. To get more variety, go to the video producer and sit there with a stack of samples and their equipment.

19. You need a professional web site on a registered domain. If your web site address is http://geocities.com/Tropicana/3578/b/southbeach/home/brittany/index.html it looks like you aren't really in business. And with that many keystrokes, even some of the most determined visitors will get lost. Frankly (I will be criticized on this one), if your e-mail address is terry@aol.com, you don't have an edge over a high school freshman known as terri@aol.com Even if you can't afford to flesh it out yet, spend the $70 (for two years) to register www.terry.com which will come with your own e-mail address, terry@terry.com Register your domain before someone else named Terry gets theirs first - if he/she has not already beat you to it. (Another Steve Stewart beat me by two weeks to registering my name. Now until I'm very old and retired, I will have to explain the hyphen in my name whenever I give out my www.steve-stewart.com address.)

20. You need a contact management software program. Contact managers literally manage your contact with people. Many of our losses come not from poor speaking but from poor marketing; good contacts slip through the cracks so that we fail to follow up, or follow up too late or too ineffectively. With contact management software (ACT!, Goldmine, etc.), if you are suppose to call, write, e-mail or see your prospects, it will happen or your computer will keep prompting you until you do your job--or tell the computer to stop telling you to do your job.

21. You need more than a twenty-minute Rotary talk. All on one central topic area, now you need a quality 45-60 minute centerpiece keynote, plus several 3 hour seminars. It would be great for you to be able to lead a 2-3 day retreat. Maybe a 1-4 hour workshop you can offer to follow up on your keynote (in the keynote, you show them why; in the workshop you show them how). If you are an expert, have your expertise ready to deliver in multiple ways.

22. You need a coach. Michael Jordan - probably the best to ever play the game of basketball, had a coach. Stefi Graf--no slouch on the tennis court--has a coach. Actors making $20 million per movie make those movies under a director. Bill Clinton's biggest critics acknowledge that he has extraordinary political skills; but even he has a coach (Vernon Jordan). So what makes you think having a speaking coach is unnecessary? There are several ways to get one. Hire one listed in the NSA directory. Ask the best speakers in the business who coached them (they will tell you). Or get a "collective coach"--a group of accomplished speakers who give each other genuine, candid critiques of their performance and guidance on how to improve. Invite seasoned pros to watch you speak. But do not count on riding along without seasoned input.

23. You need at least two dedicated phone lines for your business. One is for your incoming and outgoing business calls so you don't have the kids answering your phone, or your teenager tying up the line, or sounds of dinner preparation in the background. The second is for your fax machine. Yes, you do need a dedicated fax line so that just like General Motors and Johnson & Johnson, faxes get straight in without having to call you back, deal with phone trees or wait for you to get off the call you are talking to right now. This is a business; do your best to look like one. If your Internet service provider offers fast DSL connection accounts (AOL does not/cannot), you can run the connection over one of your existing phone lines without ever tying up the line; you use it while you talk or fax without any conflict.

24. Have a current picture of yourself. Heck, have a half dozen or more, but they have to look like you do today rather than when your hair was darker, lighter, longer or when you just had more of it. Women who change hairstyles and hair color have to struggle with this more than men, but everyone has to stay current or your photo on the event flyer won't look like the speaker on the platform. "Who's that guy? Did he send his father to take his place?"

25. Finally, you need the ability to generate at least $100,000 a year in speaking fees, consulting fees, training fees and net product sales. That is because from the $100,000 you will spend $35,000 on marketing, promotion and bureau fees; $10,000 on office support (even with a home office); $10,000 in staff support (in-house or out-sourced, you need administration, accounting, etc.). These figures presume that your clients cover any travel expenses you need. Clearly, you aren't going to generate $100,000 a year while doing work valued at $10 to $20 per hour, so delegate the small stuff and focus yourself on the big issues. Don't forget to figure in $5,000 on miscellaneous expenses or you won't have it when those creep up … and they will. This will leave you with $40,000 from which you pay your own health insurance, car payments, house payments, groceries, living expenses and the $12,000+/- absorbed by federal, state and self-employment taxes on your net income. From $100,000, you are left with maybe $450/month; go paint the town red and send everyone vacation postcards from Paris (or is that Perris, TX?). But don't forgot about making a profit with your business and planning for your retirement. If you don't plan for retirement income, you can never retire.

How do we know this is how it works? Experience, experience, experience.

© Steve Stewart, 2007

 

Comments on this piece? Email me at SpeakerNeeds@steve-stewart.com

 

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