Speak and Ye Shall Be Paid
To run a successful motivational-speaker business, you need a real message and the craft to sell it
Q: I am starting a workshop that uses traditional acting techniques to help
women break through the glass ceilings they face in their lives and perform
to the best of their ability every day. Should I find a marketing company to
help me build this business?
--G.G, Staten Island, N.Y.
A: Every entrepreneur faces the challenge of needing to become proficient in
two major areas: You've got to be good at what you do and have great
material, plus you have to be able to sell your product or service. If you
have the budget to pay a marketing company, by all means go
ahead. If you're like most startups and haven't got a nickel to spare, don't
despair. Spend your money on brochure designers, direct-mail material, and a
Web site, and learn to market yourself. You know your product best and are
more passionate about it than anybody else could be anyway.
Experts say that it takes at least five years to really develop a reputation
as a workshop leader, since you're selling an intangible -- your expertise
and advice. "At the beginning, you have to be willing to do a lot of speaking
for a chicken lunch at Kiwanis meetings or the local businesswomen's
association," says motivational speaker Vilis Ozols, president of Ozols
Business Group, in Golden, Colo. "But if you're good, you'll make the
contacts you need to get real bookings."
There are two ways to make a living as a speaker or workshop presenter, Ozols
says. One is to go to the general public and try to fill a room with people
who will pay $100 or $200 to hear your advice. The other is to leverage your
presentation so it appeals to a corporate market and target conferences,
seminars, and business meetings. "The public format is high-risk, but also
high-reward," Ozols says. "If you don't do everything just right, it can cost
you a bundle, and you won't recoup your costs. But if you have name
recognition, good marketing, and a great topic, it can be very lucrative."
The less risky option is to take your workshop on the conference/convention
circuit. With your subject matter, it sounds like you should start by
targeting groups of professional women and female entrepreneurs. "If you're
targeting entrepreneurs, it's going to be tough, because most of them can't
pay much. You'll need to produce some related videotapes, audiotapes, and
maybe a paperback book that you can use for back-of-the-room sales, which is
a huge part of how most speakers make money," Ozols says.
In fact, writing a book summarizing your material is a sure-fire way to build
credibility and provide yourself with a dynamic piece of sales literature,
says Keith Ellis, a speaker based in Arlington, Va., who specializes in
goal-setting. He wrote a book, The Magic Lamp: Goal Setting for People who
Hate Setting Goals, three years ago and published it himself. Last year, he
sold it to Three Rivers Press, an imprint of Random House. "If you don't want
to -- or feel you can't -- write a book, you'd better question your expertise on
this topic. If you expect people to pay to listen to you, you'd better have
something compelling to say that you can turn into a book," Ellis says.
He also feels that a Web site, well-indexed on the major search engines, is a
must for an independent workshop presenter. "If you get listed the right way
with the appropriate search engines, your Web site will bring women who want
your services right to you," says Ellis, whose Internet page is at
www.selfhelp.com. If you aren't sure how to get your site listed on Yahoo!
and half a dozen major search engines, hiring a Web marketing/positioning
specialist would be a good investment, he says. Put helpful content and maybe
a newsletter on your site and use it to advertise your seminars as well as
any books or tapes you have for sale.
Check with your local speakers' bureau, which will market your workshop for a
fee to people looking for conference presenters, and with professional seminar
companies, such as CareerTrack (www.careertrack.com) and SkillPath Seminars
(www.skillpath.com). These companies market seminars to corporations and the
general public and will sometimes pay you a royalty and/or hire you to give
your workshop at one of their events to supplement their current offerings.
Ozols' Web site, www.ozols.com, includes information and articles on how to
get into the business via public-seminar companies. One caveat: You'll need
to be established as a trainer/presenter before you will get noticed by these
companies.
Corporate trainer Thomas W. McKee, owner of Advantage Point Systems Inc.
(www.advantagepoint.com) of Sacramento, Calif., sends out an inexpensive,
one-page newsletter about four times a year to a mailing list culled from
people he meets at networking events and speaking engagements. He has the
same content in a free online newletter that goes out to people who subscribe
through his Web site. "It keeps your name in front of your potential clients
and offers information that will be helpful to them," he says. He also writes
articles and submits them to trade journals, Web sites, and association
newsletters.
McKee says that when he started out, he got tremendous help by joining his
local chapter of the National Speakers' Assn. The group is based in
Phoenix (602 968-2552). Their Web site, www.nsaspeaker.org, provides
information to aspiring trainers on how to market themselves, develop
and sell products, sharpen their presentation skills, and join local chapters.
Another group, the American Society for Training & Development,
www.astd.org, focuses on workshop development and training and provides
information for human-resources managers, as well as leadership and
networking opportunities for potential trainers and workshop leaders.
Finally, read Speak and Grow Rich, a book considered the bible of the
industry, written by Dottie and Lilly Walters. You can order it and a host of
other resources on starting a workshop business from scratch at the Walters'
Web site at: www.walters-intl.com.
Have a question about running your business? Ask our small-business experts. Send us an E-mail at editors@businessweekmail.com, or write to Smart Answers, BW Online, 46th Floor, 1221 Avenue of the Americas, New York, NY 10020. Please include your real name and phone number in case we need more information; only your initials and city will be printed. Because of the volume of mail, we won't be able to respond to all questions personally.

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