Just like in Hollywood or on Capitol Hill, business relationships are the living, breathing life force
of our industry.
Strategic Alliances
Take it from me; you will never make it in this business
unless you develop an effective means for selling yourself, not only to your
clients, but also to your team of business allies. Who are they?
They are the people who are going to turn your concepts into reality. Not to state the obvious but your allies
aren’t lining up to scratch your back for their health, they’re doing it for
theirs. That means if an ally agrees to
do you a favor (by cutting you a designer discount or introducing you to
prospective clients), guess what, you can be certain they want something from
you. But what can we designers do for
our villagers?
That should be an easy one, we help put food on our
villagers’ tables by giving them business.
Are you starting to understand the whole give-and-take process that goes
into any great working alliance? The
objective when seeking out business allies is to form strategic alliances,
which are informal partnerships between you and any professional who works in a
business that can be aligned with yours.
I don’t mean hanging out with the guy who sells you staples at Staples, I
mean forming lasting relationships with anyone who can substantially help your
business. Here’s how a few well-oiled
strategic alliances can work for a designer:
Realtors giving designer referrals, Architects introducing designers to
clients, Builders working with designers to produce renovations. Sounds simple but alliances go a long way
toward establishing a design career so (just like networking) get out there and
meet anyone who may be of help. Avoid
limiting your search to only people who can help your business operate. Any person who may be able to refer you to
individuals that fit your target profile is inbounds and fair game. Before you start haphazardly forming
alliances with every Courtney, Chad and Ashley on the block, first sit down and identify what design products and
services you are going to need to launch, and sustain, a business. Then, like a game of connect the dots, match
your needs with potential allies who may not know your name yet, but they will.
Say you love furnishing your client spaces with
antiques. Call antique dealers in town
and see if they are interested in forming a strategic alliance with your
firm. If you appreciate fine art, work
on forming a strategic alliance with an art dealer or with individual artists
you like. This isn’t rocket science;
it’s merely a game of connecting the stars in your design universe. You will find some of your allies may burn
brighter (and command more attention) than others but all must coexist
interdependently for your universe to prosper.
Some strategic alliances can be no-brainers, like aligning
your firm with a dependable house painter, upholsterer or moving service. Why not focus attention on scooping up these
kind of low hanging fruit first? With
those ripe relationships in the sack, move on to filling your more specialized
wants and/or needs like that outrageously cool “green” fabric wholesaler in
town. Once you’ve honed in on a
potential ally who is interested in doing business with your firm, arrange for
a meeting so you can sit down and talk about what each of you can do for the
other’s business. If after the meeting,
you come to the conclusion that both of you supply something the other demands
see if you can come to a fair agreement.
During negotiations, you both should come to a mutual understanding of
the following key factors: What are the
ground rules for the alliance? How does
the alliance operate? How do both
parties benefit? Although you may be
compelled to jot some ideas down on paper, I suggest you keep your alliances as
informal as possible. The truth is most
relationships are informal and made with a verbal agreement as opposed to a
contract or LOA.
That’s not to say
you couldn't create some sort of written document to spell out exactly how the
alliance works. But if you had written
contracts for every relationship you have in the industry, you wouldn't be able
to have more than one strategic alliance for each need would
you? Make sense? Good
Lord…the process almost sounds like Survivor! Anyway, keep the agreements
informal, as it’s important you remain flexible, especially starting out. Flexibility is important because in many
cases, after testing out an alliance, you may decide it is not working out the
way you envisioned and decide to move on.
No crime in that if there is not a written contract. See what I mean?