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- Benjamin

- Oct 1, 2024
- 2 min read
Updated: Oct 27, 2024

Startup Lessons Decoded: Real Stories and Insights
The startup journey is a bumpy one.
After guiding multiple mergers and acquisitions, Iāve gained some practical insights that lead to saved time and costsāand growing a business.
This series of four posts looks at startup journeys and key learnings from working with successful founders.
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The founder of a growing B2B services firm was frustrated by constant client calls as distressed customers reached out at all hours to complain.
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Some weeks, he spent over 10 hours on the phone, disrupting plans, impeding growth, and even interrupting time with his young children.
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While customers expressed frustration over errors, it was non-technical issuesāsuch as poor communication and missed deadlinesāthat truly upset them.
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These problems caused extra work and headaches to quickly resolve the issues and diligently rebuild the trust.
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At the same time, his team faced challenges too. They found themselves waiting for essential information and responding to numerous non-billable inquiries from customers.
āThe goal as a company is to have customer service
that is not just the best but legendaryā
ā Sam Walton, founder of Walmart
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When we were brought in to help, we directly contacted customers and asked how things were going, what could be improved, and what their plans were.
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As patterns emerged, we highlighted trends in meetings and trained on case scenarios and best practices.
We acknowledged the pressures clients face while also emphasizing the importance of setting clear expectations around interdependencies, such as when prompt responses were needed. A great working relationship is built on openness and collaboration.
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Timeliness and Responsiveness
Imagine waiting for someone on a first date. Even if the person is wonderful, waiting over 15 minutes creates a terrible first impression.
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Similarly, we discussed with the team why responding to customers quickly and updating them regularly were important.
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You don't need to have the full answer immediately, but it's crucial to respond promptly and acknowledge that you're working on the issue.
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We then shifted from a reactiveĀ approach (reaching out after complaints) to a proactiveĀ one by meeting all new customers shortly after kickoff.
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Proactive Engagement
Finally, we began presenting customers with useful reports and insights in exchange for feedback and learning about their business plans.
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We also organized online learning events and published blog posts to share new perspectives and information.
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These "gifts" have been well-received. Imagine the feeling you have when someone offers you something you can put to use right away.
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Client retention improved, and most importantly, the founder can now focus more on growth, margins, and his family.
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Deepen your client relationships. It will lead to increased retention, more upsells and referrals, and a competitive advantageāall of which contribute to a desired exit.
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This post was written by me with AI editing. Photo by Rodrigo.
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