Simplifying Proposals a Tool & a Framework for Success
Find My Catalyst Podcast - A podcast by Mike Simmons
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Three Key Quotes: "The proposal is not about you. It's about the person on the other side." "If you can't answer these questions—what, why, how, and cost—you haven't earned the right to deliver a proposal." "Clarity in communication leads to better feedback and successful proposals." Mike Simmons kicks off the "Tactical Tuesday" series, focusing on how to simplify proposals using a structured approach. He highlights common proposal mistakes and offers a framework for creating client-focused proposals. Key points include identifying client problems, understanding business impacts, outlining solutions, and clearly presenting costs. Five Key Takeaways: Understanding Client Problems: Identify specific problems the client needs solving. List up to five key issues to maintain clarity. Ensure the proposal addresses these problems directly. Importance of Solving Problems: Explain the business impact of addressing the client's issues. Highlight the risks of not solving these problems. Provide clear reasons why these issues are crucial. How to Solve the Problems: Outline specific products or services offered. Describe the process and plan for implementation. Ensure the client understands the proposed solution clearly. Presenting Costs Clearly: Include financial costs early in the proposal. Detail all resources needed, not just financial, but also time and personnel. Make it easy for clients to understand the total investment required. Proposal Structure and Formatting: Start with an executive summary of the problem and solution. Follow with detailed costs and specific solution details. Then add your company information. Engaging with the Podcast: Mike encourages listeners to provide feedback on the new format and share their thoughts on the proposal framework. He invites comments and questions, offering to discuss how to apply these strategies within different organizations. For more resources or to connect with Mike, visit findmycatalyst.com.