Make a Referral Week- The Small Business Stimulus Plan

February 24th, 2009 Comments Off Posted in Betsy MacKinnon

Jump start the economy.

No we’re not talking about recently passed stimulus bill. Or even a bailout.  We’re talking about something more tactile, more visceral– more like an A+B=C.

John Jantsch, of Duct Tape Marketing, and Inquisix have joined forces (with some other amazing sponsors) to promote Make a Referral Week, this March 9-13th.  The goal is to generate 1000 referred leads to 1000 deserving small businesses.

This is a good thing.  For you. For the economy.

So take the pledge.

It’s tough times. Everywhere you turn negative economic indicators are released, reports on recessionary fears, and opinons on the impact of the economic stimulus package crowd the news.  Overwhelming problems and few solutions.

It is time for small businesses to take matters into their own hands.  Positive changes in small business can have a positive impact on the economy. Hey, it’s no biggie surprise to the rest of us that small businesses basically drive the economy.

As a class, small business:

  • represent over 99.7% of employers;
  • employ over half of all private sector employees;
  • generate between 60%-80% of new jobs in the last decade; and
  • produce more than 50% of non-farm private gross domestic product, or a GDP of roughly $6 trillion.

As John Jantsch sees it, “Make a Referral Week is an entrepreneurial approach to stimulating the small busienss economy one referred business at a time.  The goal is to generate 1000 referred leads to 1000 deserving small businesses in an effort to highlight the impact of a simple action that could blossom into millions of dollars of new business. Small business is the lifeblood and job-creating engine of the economy and merits the positive attention saved for corporate bailout stories.”

It’s Inquisix’s hope is that this one week further highlights the power of the referral. Referral prospects are less price sensitive, and, as Joanne Black, author of “No More Cold Calling,” points out “[a] referral is pre-sold on you … and [you] get a new client over 70 percent of the time.” We believe that by highlighting the high ROI benefits of referral networking, more businesses will permanently adopt this as a new strategic marketing tool, which will translate into healthier bottom lines. Good for them. Good for you. Good for the U.S. economy.

So be among the 1000+ small businesses to get new business the week of March 9- March 13, 2009. Take the pledge. Give a referral. Get a referral.  There will be an exciting schedule of programs to tune into featuring Ivan Misner (founder of BNI, author of Masters of Networking,) Bob Burg (Author of Endless Referrals, The Go-Giver,) Bill Cates (author of Get More Referrals Now,) Guy Kawasaki (author of Reality Check,) Scott Allen (author of The Virtual Handshake) and Susan Solovic Wilson (of SBTV.com) to name  few.

And for the social media savvy, follow the action on twitter and connect to tweeps partaking in Make a Referral Week (Add the hashtag”#MARW09″ to the end of your tweets!)

Happy Connecting!

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