The following is courtesy of Robb High at Robb High Associates in New York. Have you ever experienced POW prospecting?
Avoid the “prisoner of war” syndrome. The POW sits in his bamboo cage and when a bit of disgusting gruel is pushed through the bars says “I don’t want to eat this, but it could be the last food I’ll get for a while. So I will.” Agencies seem to react the same way toward new business opportunities. They may know the client is “wrong.” They know they are a long shot to win and that it will burn out the agency to try. But they forge ahead anyway because they have no faith that other…better…opportunities are likely to come along. Why no faith? Because they are not doing any serious prospecting or prospect “dating” to make that happen. Not having a serious prospecting plan is like not having fire insurance on your heavily mortgaged new house.