Lost A Big Client? Be an Action Hero!

I’VE JUST LOST MY BIGGEST CLIENT! Edwin, a management consultant I coached many years ago, blurted out on the phone one day.  “What am I going to do now?”

Edwin’s one client provided him with half of his six-figure income. The loss was, he told me, through no fault of his own and at the “worst possible time”. He spent the next few minutes moaning about how he wouldn’t be able to pay the bills and how difficult it would be in this economy to replace a client like that one. Finally, he asked me for coaching.

I could relate to Ed’s situation personally. Throughout that decade, most of my own work time was being devoted to training and coaching for one financial services company with more than fifty offices and hundreds of associates throughout the country. Most of my income was coming from this work and my time for anyone else was extremely limited.

Edwin viewed the loss of his largest client as a cause for panic. It showed foresight that he had retained me as his coach to help him grow the other half of his business just a month before this, telling me that he had a sense he had become “too comfortable”. It may have been simply that he’d had a sense that his relationship with that one large client was coming to an end. But now that it had actually happened, he was moaning woefully about being without that income and having no way to immediately replace it.

“It may be true that you have no way to immediately replace it,” I agreed, “But do you believe you will eventually replace it?”
“Well…yes, eventually,” was his reply.“What has to happen for that income to be replaced?” I asked.
“Obviously, I have to get out and get more clients,” he responded, and he began to talk about all of the things we had put in place already, and about new ideas to get his practice growing. By the end of that year, he had come very close to matching his income from the previous year.

Action Hero

Events in the story of your life often turn out differently than you hoped they will. When they do, you have a choice: You can either take on the role of Victim and rant against the cruel powers that brought you to this terrible place, or you can choose to be an Action Hero, creating ways to solve the puzzle with which fate has presented you.

Edwin started out that phone call playing the Victim, but ended our conversation as an Action Hero.

A few years after that, I parted ways with the investment company that had provided the bulk of my income and to which I had given so much of my time for so many years. I instantly thought of that conversation with Edwin. I never liked the Victim role–even though I’ve occasionally played it extremely well–so, in my story, I chose to play the Action Hero right then and there. All I had to do was focus on what I had and what I wanted, and keep REACHING…

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