Are you a small business owner with revenues between $100K and $2M? Bootstrapped and owner operated? Tired of feeling like it is really hard to grow your company? Always wishing you had more time and more money? Too busy to really think strategically about how to grow?If you are, then this course has been built for you! SLAPbootcamp will help you set a realistic 1 year financial goal (for sales and profit), identify your ideal client, define the best business development strategies, and build an Action Plan to hit your sales goals. This is not a business plan, a marketing plan, a sales plan, or a lead gen plan. No more fancy strategic plans that stay in a drawer gathering dust. SLAPbootcamp will help you figure out the best way to grow your business, and create an Action Plan to acquire new customers and stay focused over the next year.
Carissa Reiniger, Silver Lining's Founder & CEO, says "HI!" and tells you what to expect from your SLAPbootcamp experience! Carissa is going to train you on core SLAP principals throughout SLAPbootcamp.
Why is it SOOOO hard to grow a small business?!??!!? We have been trying to figure exactly that out for a decade. And we are going to tell you everything we know so that you can make your life just a little bit easier.
There is a certain mindset that really helps a small business owner get to the next level- and we really want you to adopt it!! Let's get into a SLAP state of mind together.
No more big mission statements or cheesy vision statements! All you need to know is WHAT you do, WHO you do it for and the SCALE you want to do it on. Let's do it.
Everyone is asking for your time and money and it is really hard to figure out when to say yes and when to say no. We get it! We are going to teach you the 3 questions you can ask that will help you know when to say YES and when to say NO!
We get a LOT of questions about how SLAP applies to different businesses, different scenarios, different issues. We are going to answer the most common SLAPstatement questions. If you are at the end of this Section and thinking- "wait a minute- I have a question!" - listen to this. We will probably answer it! :)
Now- time for you to get to work to craft YOUR SLAPstatement!
98% of the small businesses we work with don't have a well thought out 1 Year Goal. And then they wonder why they have not been hitting their financial goals/!?! There are SO many good reasons to have a well thought out, aggressive but realistic, measurable financial goal. Let's talk about all of them!
It is really fun to brainstorm all of the ways we are going to make money. But when you are running a business you have to truly understand your Expenses. So- let's figure out how much money you have to make- just to break even.
Alright- NOW we get to talk about the fun stuff- how you are going to make money! Understanding the breakdown of where all of your money comes from and what parts of your business are best to grow helps you make really strategic decisions as you build out the rest of your plan.
This little equation is going to change your life! Instead of the financials of your business seeming overwhelming and confusing- you are literally going to be able to evaluate your business model and make choices on the very best ways for you to increase your revenue- and profit- as you go through this.
With all of the information you have organized so far (your expenses, revenue streams, % breakdown of your revenue, sales prices and variable costs) - you now have a full picture of your business. And now it is time to play! You can run scenarios and do various things to see what the very best way to grow your business is.
We get a LOT of questions about how SLAP applies to different businesses, different scenarios, different issues. We are going to answer the most common 1 Year Goal questions. If you are at the end of this Section and thinking- "wait a minute- I have a question!" - listen to this. We will probably answer it! :)
Now- time for you to get to work to calculate YOUR One Year Goal! We have a very helpful worksheet you can use. You plug in all of your numbers and it will do the calculations for you to make it easy to try different scenarios, change things around and figure out the best way to grow. However, it is an excel file and so we can't upload it here. If you want that worksheet- email Deb at firstname.lastname@example.org and she will send it to you!
Now that we fully understand how we don't have nearly enough time or money to do everything we want to do and we understand how many sales we have to make (agh!)- it is time to figure out how to get really really really focused on WHO our Ideal Client is. Being clear about who you need to connect with will save you a fortune and increase your sales.
It isn't enough to have a "target market" - we want to know how old your Ideal Client is. If your Ideal Client is male or female. How they get to work every day. What their hobbies are. And more! Let's figure out exactly who your Ideal Client is!
Now that you know who your Ideal Client is - what are you going to do about it? You can completely transform how you are operating and how you make decisions when you have this information. We are going to talk about how to make smarter business decisions with this information.
We get a LOT of questions about how SLAP applies to different businesses, different scenarios, different issues. We are going to answer the most common Ideal Client questions. If you are at the end of this Section and thinking- "wait a minute- I have a question!" - listen to this. We will probably answer it! :)
Now- time for you to get to work to define YOUR Ideal Client! Like 1 Year Goal, we have a very helpful worksheet for you but it is an excel file and so we can't upload it here. If you want that spreadsheet to help you get this done- email Deb at email@example.com and she will send it to you!
Now we know what your big SLAPstatement is, how many sales you have to make in the next year and who you need to make those sales to. It is time to start figuring out HOW we are going to connect with your Ideal Client to hit your 1 Year Goal and live out your SLAPstatement. Let's get into Action!
You are going to break your year into 4 Quarters, understand how what is happening in the world impacts your business and start to evaluate the 8 Connecting Strategies that we use to help you hit your Goals. Learn about Events, Media and Referrals as you start to figure out which of the 4 Connecting Strategies you are going to use in your SLAP.
There are still 5 more Connecting Strategies to go! Learn about Branding & Identity, Loyalty, Online Connecting, Partnerships and Incentive Based Sales before you choose your Top 4!
Once you have chosen your Top 4 Connecting Strategies you have to take that big 1 Year Goal and break it into Quarterly Goals. And then each of your 4 Quarters breaks into 3 Months and we have to figure out what Action Items we are going to do each month to set us up for the best possible success.
We are almost done!!!!! Now that we have all of this information- what do we do with it? How does it all work together?? Let's tie this all up with a pretty little bow!
We get a LOT of questions about how SLAP applies to different businesses, different scenarios, different issues. We are going to answer the most common Action Plan questions. If you are at the end of this Section and thinking- "wait a minute- I have a question!" - listen to this. We will probably answer it! :)
Now- time for you to get to work to build YOUR Action Plan! We have included some tools to help you. First, download the SLAPsummary One Pager. This is a one page summary of all of the key choices that you have made as you have built your Action Plan. Fill in all of the blanks. If there is something that you do not know the answer to- go back to that section and dive back in. Then, we have included templates with standard Action Items for each of the 8 Connecting Strategies. You can use these as a base to help get you started with your Monthly Action Items.
Don't spend all this time just BUILDING a Plan. Make sure you put structure, accountability and resources in place so that you ACTION it. Action is more important than a Plan. You are at the end of SLAPbootcamp- but this is just the beginning of your SLAP journey. We want to help you Execute this plan and hit your goals. No excuses. It is time to grow!
Entrepreneur & Small Business Growth Expert
-Founded Silver Lining Ltd. and created the SLAP™ Methodology which has helped over 10,000 small business owners in 9 countries set and hit their financial goals.
-Authored 3 Books on small business:
Inspiring Entrepreneurs: How to Build Your Business To Its First Million (2008)
I Will: The Mentality and Systems of an Entrepreneur Who Gets Things Done (2010)
Thank You Small Business(2013)
-Created Thank You Small Business, a global movement that is on a mission to change the economy one small business at a time.
-Featured speaker and guest columnist as an expert on all things small business for Inc, The New York Times, Forbes, Globe and Mail, TechCrunch and more.
-Small Business Spokesperson and Influencer for brands such as RIM, Google, Staples, American Airlines, Nespresso, Intuit, HP and more.
-Through her holding company, CRinc, an investor and advisor to numerous small businesses.
-Founding Partner of Gen Y Capital Partners.
-Past President of Women Entrepreneurs of Canada.
-On the board of various non-profits that have a focus on anything to do with the arts and/or children.
-Founded Real Love Stories- a company that takes real people’s stories about their relationships and creates amazing content based on them. Released two books called Stories From Our Black Books Vol 1 and Stories From Our Black Books Vol 2 under this brand, created a play and produced across Canada through 2007 and 2008 and currently working on the Real Love Stories Movie- a documentary that she will write, direct and produce.
-Working on her pilot’s license for fun!
-Works hard to live out her personal manifesto every single day: Do Life. Be Real. Make People Smile.
-A proud born and raised Canadian, a global explorer and now lives in New York City.
Chief SLAPexpert at Silver Lining Ltd., helping thousands of small business owners reach their growth goals.
Instructor for WEDC, teaching a 60-hour entrepreneurship course for the past 5 years.
Founder of Showcase Your Space, previously the leading real estate staging firm in metro NY.
Formerly an investment banker and private equity fund manager, helping hundreds of growth companies raise capital and implement their growth strategies.
Wife, mother, sister, aunt, skier, gardener, amatuer baker.