B2b Small business owners
When Does B2B Lead Generation Work?
John Welch
Owner | IAD Growth
In This Post
1. When does lead generation work?
B2B lead generation works when it produces new customers at a profitable exchange. What makes it profitable is different for everyone and every owner or entrepreneur has to determine that for themselves.
It's very common for business owners and entrepreneurs underestimate the cost and effort required to generate new customers. This is the primary reason that lead generation doesn't work.
Added to that is the fact that many lead generation agencies sell business owners what they want to hear, not the truth. This makes it difficult to learn how to generate leads for your business because you're being told to expect lots of leads for a low cost.
Over time, you eventually figure out that "lots of leads for a low cost" is a pipe dream. But in the meantime, you've likely wasted years of your business and tens of thousands of dollars.
Lead generation is not a magic bullet and it's not something that anyone can guarantee. It is a process you can run that increases your chances of generating new business.
2. Lead generation takes time
Time is the one thing that nobody wants to spend. Entrepreneurs and business owners wants things now, it's what makes them so good at building and pushing things forward. Lead generation is one of the areas of business that can't be hacked. Time and consistency are the most important ingredients to lead generation. These also tend to be the most frustrating and annoying things to an entrepreneur or business owner.
The lead generation industry has done a good job of selling a lot of impossible ideas business owners and entrepreneurs who want to believe them. Optimism is a fantastic strength, until it turns into delusion.
Spinning up high-ROI lead generation campaigns in 90 days sounds great. It doesn't work that way. Lead generation success builds slowly over time. You get one channel working, you make a little money, you lose a little money, you get frustrated, you give up, you try again, you repeat. That's just year one. Do things get better? Absolutely. It is easy? Is it fun? Does it feel great all the time? Absolutely not.
3. Lead generation works when you don't need it to
The most stressful part of lead generation is "needing it to work." So many entrepreneurs and business owners are trying to generate leads because they're afraid their business is going to end. This is not a mindset that will give you success in lead generation.
Lead generation has to come from a place of self-belief and forward motion. If you're trying to use lead generation to dig yourself out of a whole, you're fighting a losing battle. It's highly unlikely you will be able to maintain the stamina and mindset needed to keep going, especially when it looks like nothing is working.
Lead generation is the most effective when it's just something you're doing. When you're able to invest in it without putting all your hopes in it. Every business has a way to generate leads, you just need to find what it is and get good at doing it. Positivity is your most powerful ally in the world of lead generation.
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About Us
Honest and transparent phone call lead generation for B2B companies
IAD Growth provides phone call lead generation services to startups and small busineses. Our primary focus is transparent, sustainable lead generation services that give small businesses and startups the opportunity to generate real business results through a low-risk, no pressure lead generation partnership.
John Welch | Owner
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