Commitment | The Barefoot Spirit

The 50-Word Blurb and the 5-Slide Deck

Michael Houlihan & Bonnie Harvey — Mon, 04 Feb 2019 19:16:43 +0000

All startups agree on one thing: They need more money. Over the past decade, we’ve worked with many startups. Even though we offer three decades of hard knocks business experience and a ton of contacts, what do you think is the first thing they want from us? You guessed it, money!

They typically ask for an NDA right off the bat, then present us with over 1,000 words of copy, and a 30+ slide deck. They try to anticipate as many questions as they can in advance and they go into extensive detail on how and why their solution is what the world needs.

Although we appreciate the time involved preparing all this documentation, we are almost discouraged by the sheer time commitment we have to make before we have determined if we’re interested. It forces us to drag our heads through a lot of information that we may not even be looking for. The sheer size of the presentation also discourages us from sending it around to folks in our network.

To read the complete article, please visit Entrepreneur

Who We Are

Michael Houlihan and Bonnie Harvey co-authored the New York Times bestselling business book, The Barefoot Spirit: How Hardship, Hustle, and Heart Built America’s #1 Wine Brand. The book has been selected as recommended reading in the CEO Library for CEO Forum, the C-Suite Book Club, and numerous university classes on business and entrepreneurship. It chronicles their humble beginnings from the laundry room of a rented Sonoma County farmhouse to the board room of E&J Gallo, who ultimately acquired their brand and engaged them as brand consultants. Barefoot is now the world’s largest wine brand.

Beginning with virtually no money and no wine industry experience, they employed innovative ideas to overcome obstacles, create new markets and forge strategic alliances. They pioneered Worthy Cause Marketing and performance-based compensation. They built an internationally bestselling brand and received their industry’s “Hot Brand” award for several consecutive years.

They offer their Guiding Principles for Success (GPS) to help entrepreneurs become successful. Their book, The Entrepreneurial Culture: 23 Ways To Engage and Empower Your People, helps corporations maximize the value of their human resources.

Currently they travel the world leading workshops, trainings, & keynoting at business schools, corporations, conferences. They are regular media guests and contributors to international publications and professional journals. They are C-Suite Network Advisors & Contributing Editors. Visit their popular brand building site at www.consumerbrandbuilders.com.

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

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How to Keep The Entrepreneurial Spirit as Your Business Grows

Michael Houlihan & Bonnie Harvey — Mon, 27 Mar 2017 23:56:50 +0000

The entrepreneurial spirit is the spirit of the entire team, and is represented by their commitment to customer service, resourcefulness, and going the extra mile to make sales happen. There is no question in the minds of start-up entrepreneurs, in a garage, undercapitalized, and having to make do with less, that they must make sales happen no matter what or they will be out of business — fast! They all know the customer comes first.

Beyond the start-up phase

Then, if they are fortunate, dedicated, and diligent, they progress beyond the startup phase and into the buildup phase. Now they have a few solid customers that keep them going. Their volume picks up. They begin to see some pressure on production, customer service, and supply chain management. In an effort to satisfy these demands, and in the name of efficiency, they begin to specialize their use of human resources. Thus begins the degradation of the entrepreneurial spirit.

To read the complete article, please visit The Business Journals

Who We Are

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

The post How to Keep The Entrepreneurial Spirit as Your Business Grows appeared first on The Barefoot Spirit.

How to Turn Your Customers into Advocates Using the Discovery Process

Michael Houlihan & Bonnie Harvey — Thu, 03 Mar 2016 18:00:38 +0000

You love sharing a new restaurant or hiking trail with your friends, right? It’s part of human nature to want to share a new discovery with others. You not only sincerely want to improve their lives, but you also want to be appreciated for doing so. You certainly can’t enlighten them about something if you know it’s widely advertised. But if you think that there’s no other way they could find out, you will be more likely to spread the good word – and be thanked for doing so! That’s the discovery process in action.

As most of our readers know, when we first started the now famous Barefoot Wine brand we simply couldn’t afford commercial advertising. We were told that we would have to advertise over and over again before we got any traction. When we looked at the costs involved and the long-term commitment to this form of advertising, we quickly realized that we simply didn’t have the budget.

That’s when we stumbled upon a different method that really worked well for us. We began to support non-profits organizations that championed causes our customers cared about, and causes we cared about. We donated our goods for their fundraisers and took their message to the marketplace in ways they could not. In the process they discovered our products and where to get them. Our support of causes they supported gave them a social reason to buy our product, and in this way we developed advocates. We called this Worthy Cause Marketing.

We finally got to a point where we could actually afford commercial advertising. We thought about it and listened to all the arguments, but in the end we chose to continue with Worthy Cause Marketing as our sole means of advertising. What clinched it for us was the realization that we ourselves would not tell anybody about any well-advertised product. We figured others already knew, so why bother?

It takes years to build up a customer base that is actively advocating your product. Why spending tons on advertising only to take away the appreciation your customers will receive when they share their new discovery with their friends, family and colleagues?

We have actually worked with companies whose marketing people told us that their budget was based on how much they spent last year in advertising, and if they didn’t spend as much this year they would lose the difference. It would adversely affect their status and personal salary. So they wanted to advertise because “everybody was doing it” and they had a vested interest in spending all the money in their budget. Their companies where resigned to expensive ads and their marketing folks were happy to go along with it.

Many companies think they have to out advertise their competition lest they be conspicuous by their absence. New entrepreneurs don’t have the luxury to embark on this expensive slippery slope. New entrepreneurs must think about every dime and how it affects their bottom line – right now. They don’t have the funds to spend tons to “gain traction,” nor do they have the time required to see results.

The best form of advertising in our opinion for new businesses is excellent customer service with customer feedback directed to production and marketing, and support for the causes their customers are keen on. Let customers have the appreciation they deserve for being the first to turn their friends on to that great product they recently discovered, a product their friends would not have found out about otherwise.

Who We Are

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

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Success Requires Diligent Preparation and Commitment

Michael Houlihan & Bonnie Harvey — Thu, 09 Apr 2015 17:00:25 +0000

“Luck is what happens when preparation meets opportunity,” is a quote from the mid-1^st century Roman philosopher, Seneca. The idea that success is a result of chance, or luck, is not only disempowering, but simply false.

When people say we were lucky to have built such a successful brand, we have to stop them and say, “Luck had nothing to do with it!” But yes, we were fortunate to have had the opportunity to apply our skills and hard work to create a successful brand.

We prefer the word “fortunate” to “luck” because “fortunate” implies participation and “luck” implies a random gift that could be given to anyone. If luck is the reason for success, then why work so hard?

Opportunities present themselves to everyone every day. But we don’t take advantage of them because we are not interested, not prepared, or don’t see them as real opportunities. If you are not looking for an opportunity you won’t see it even when it’s right in front of you. If you aren’t prepared, or as we say, “dressed for success,” you won’t be able to take advantage of opportunities that you do see.

We love Zig Ziglar’s great story about the time he was driving through the country and stopped to watch a man fishing in a stream. Zig struck up a conversation and discovered he was fishing for his family’s dinner. All of a sudden the man pulls out a giant fish! Then, to Zig’s surprise, he unhooks it and throws it back into the water. Zig says, “Why did you throw that big fish back?” The man answered shaking his head, “I only have this itty bitty frying pan.”

Preparation is necessary to spot opportunities and take advantage of them. You are fortunate to have had the opportunity, not lucky. Your commitment to do whatever it takes however is wherein the real success lies.

We have seen many brands come and go in the marketplace. Some even came back and were eventually successful, such as Corona Beer. The first time it was on the market, the producers recognized an opportunity for a new style of label that was printed on a clear glass bottle. Still, sales were slow.

This first attempt soon lost distribution and it wasn’t until the brand was acquired that it achieved the top national brand status that we recognize today. How did they do it? Yes, they had a unique label, but Corona Beer was successful due to hard work and diligent merchandising. They did what they had to do.

We tell our clients, audiences, and marketing and entrepreneurship students that the real challenges to building a successful brand involve work in areas that you are not prepared for, will take longer than you planned, and will cost many times more than you thought. It did for us.

We thought our wine business had to do primarily with wine, but it didn’t. It had to do with visiting retail stores on a regular basis all over the country. It had to do with preventing out of stock situations at every level of the distribution chain. And it had a lot to do with building personal relationships. We could have been selling hammers. But whatever consumer product you are selling, success requires tenacity, humility and flexibility to do all the jobs necessary, even the “dirty” ones, to attain and keep distribution. Does this sound like “luck?”

We are all fortunate to have opportunities come our way. But when we recognize them, are prepared to take advantage of them, and are willing to do what it takes to bring them to fruition that is not luck – that is hard work.

Who We Are

To make inquiries for keynote speaking, trainings or consulting, please contact sales@thebarefootspirit.com.

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