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Thursday, January 6, 2011

Standing Under the Umbrella And Still Getting Wet

Make More Money Making a Name for Yourself

Calling all realtors, financial planners, insurance brokers, 
multi-level & network marketers, and anyone else who 
works in the precarious and often misunderstood position 
of operating under a large company brand umbrella yet 
operating as a separate business unto itself. You may find 
that you're standing under the umbrella and you're still 
getting wet-- not enjoying the unlimited personal and 
financial rewards that business opportunity offers.

Do you have trouble distinguishing yourself from another 
person working under the same umbrella brand? Do you 
feel the sting of this coming from the cubicle right next to 
you?

Do you sometimes feel that you don't get the support that 
you thought you would from the umbrella brand? Or, find 
your requests to the corporate office ignored?

Do you experience the pinch that comes from needing to 
tow the corporate line and the expectation to create your 
financial success as if you were operating your business as 
your own?

You can stop looking around. I'm not in your office. Really. 
You can stop looking around and you need to stop relying 
on the brand umbrella that you thought would provide you so 
much. Staying under there will only cause you more 
discomfort and take you further from fulfilling the dreams 
you had when you first started.

Don't look so dejected all is not lost. There's something you 
can do to turn the entire lose-lose situation around, but you 
have to be committed to being really successful and 
devoted to being truly happy. Not everyone is cut out for that. 
Are you?

Often, I have been hired to distinguish top-performing 
realtors from other realtors --their competition. Ninety-eight 
percent of time, the first thing my job calls for is to open the 
grip they have on their brokerage firm. You read it right, their 
grip on, not the grip the firm has on them. Once their clutch 
is relaxed, I can then successfully guide a real estate 
professional (or any type of broker or salesperson) to 
develop their own business as a brand; all the while 
honoring the larger umbrella brand that provides them the 
credibility and product value they need to cultivate their 
business. Working with an umbrella brand is a blessing, 
but it is not a crutch!

This applies to financial planners and insurance brokers as 
well with added attention given to the sensitive legal 
requirements of the larger institution. While a financial 
planner or insurance broker may drive everyday to an office 
building, park in the garage, walk past a receptionist sitting 
under the big brokerage logo, they eventually walk into their 
office or cubicle, sit at the desk of their own business and 
are responsible for getting their own clients and generating 
their own financial success.

Multi-level marketers and network marketers need to take a 
good step back from the brand they are selling because the 
umbrella brand's grasp is often even tighter. This keeps the 
majority of MLM participants from ever really hitting the 
marks that were promised as possible. The problem is not 
that the promised marks aren't possible. They're just so 
much more difficult to hit coming from the perspective at 
which most MLM salespersons operate.

When it comes to creating the business success you want 
in any of these or similar situations, it's not about distancing 
yourself from the umbrella brand's identity... it's about 
creating one of your own.

You need to take into your awareness that people don't just 
buy a product or service, they buy an experience. They buy 
something they believe in. They buy a feeling they can count 
on-- over and over and over. This is where you actually have 
an edge over the 'umbrella.'

The brand conglomerates find it very difficult to meet the 
experiential and emotional needs of the customers. They 
are just too big. You have the edge because you have what 
they don't; the individual customer and you connect with 
them on a daily basis.

It's what you do with that connection and how you 
communicate it that makes all the difference. This can be 
broken down into four important key factors:

*
Realize that the umbrella brand is not a job, it's a tool that 
you've invested in to assist you in offering a top-quality 
product or service. It's an instrument that both the public and 
yourself recognize as of value in your specific field. If you 
think of it as one of many possible tools, even if you never 
employ another one, you will put your brand umbrella in the 
proper perspective and actually be able to use it more fully.

*
Connect your own power to your business, after all, it is 
YOUR business. You are responsible for getting clients. 
You are responsible for keeping them. At the end of the day, 
you have to answer to your own disappointment or success. 
Remember, the power in any business is not the image of a 
business, it's not even the idea of the business, its the 
connection to the customer. They always will be yours.

*
Establish your own brand voice through all your business 
communications. Design your own look and feel to your 
materials. Don't just rely on what the umbrella brand 
provides you. Everyone else in your situation is doing that. 
Depending solely on the big brand's voice will not only hurt 
you, your customers will find it impossible to separate you 
from your competition.

Note: When developing your own materials, you do need to 
take into consideration the large brand logo, colors and 
even language. After all, not only did you choose that 
umbrella brand for a reason, your brand will need to work 
along side with it.

*
Know that your umbrella brand may be wary of your 
independence but they will most certainly love your financial 
success. They may buck some when you begin to deviate, 
but remember, going along with their plan is probably 
perpetuating your indistinguishable situation in the first 
place. Plain and simple... when you look great they look 
great. When you make money, they make money. When you 
make a lot more, they make a lot more. Period.

It's quite simple. You can make more money and 
experience greater enjoyment doing exactly what you're 
doing and working with the same umbrella brand, if you 
simply change your perspective.

By shifting your understanding from working under to 
working with your umbrella, you will find yourself using the 
'the big brand umbrella' as a tool, staying dry AND basking 
in the bright sunlight of success.

Kim A. Castle, Co-founder BrandU(TM), Co-Author of Why 
BrandU: Big Business Success No Matter Your Size, and 
the BrandU(TM) Bible, the only step-by-step workbook for 
developing your business as a brand.

www.whybrandu.com

© 2004 Castle Montone, Limited Reprinted with 
Permission.

Kim Castle successfully helps hundreds of small business owners grow their businesses and is co-author of the 150+ page BrandU Bible, the only step-by-step workbook that gives entrepreneurs the tools to develop their business as a brand and the upcoming Why BrandU: Big Business Success No Matter Your Size. Kim Castle’s motto is “Whether your market is the globe or your zip code, you have the power to communicate your business as a brand. You just haven’t been shown how… until now.”

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