The Death of the B&B will be interesting for all who run a bed and breakfast business or who want to start a bed and breakfast business, Things have changed...
5. Why should you listen to me?
• Built my own B&B in France from almost
nothing to making over US $130,000 a year
with just 4 rooms, in less than 2 years
• I use no OTAs, directories or third party
marketing companies
• Built my whole business on relationships and
« expert/trusted advisor model »
6. More about me..
• Award winning online marketer
• Author of Bed and Breakfast Magic! How to
Transform your B&B into a Booming Six
Figure Business, available on Amazon
• Speaker
• Coach and mentor B&B owners just like
you, around the world
• I don’t have any special powers
8. Survey results…
• 79% are focussed mostly on getting more
guests, and only 14% are focussed on selling
more to existing guests (the easiest money)
• 68% are overwhelmed or don’t know what to
do on a daily basis in their business
• 68% are either not growing at all or growing
just a little bit
9. More survey results
• 68% are either procrastinating, distracted or
not doing what they know they need to do
because they are not accountable to anyone
• 74% don’t have a sales and marketing system
to consistently attract guests and invite them
to buy more, and most are using OTAs
• 83% are concerned in some way about money
10. So please – stay with me because…
I’m going to show you how we got here
and the opportunities that now exist for
you should you choose to take advantage
of them
11. Plus…
• After I’ve walked you through this, if you feel
you need help, you will have the opportunity
to get that help at the end
12. Here’s what we’ll cover
• The good old days
• How did we get here?
• What are the problems we face?
• The enormous opportunity for you
14. The good old days
• Before the internet
• We made our own decisions
• We had the choice
• We felt in control of our businesses
15. So what happened?
• The internet
• Online booking
• Online review sites – Trip Advisor
• Online travel agents
• You gotta be in the « club »
16. The downward spiral
• Lost control of our business
• Lost our power
• Paying commissions
• Dependent on « them »
• Making less money
• Feelings of helplessness
21. « Fact » - Everyone’s looking for a deal
• Thought = I have to discount my prices
• Feeling = Fear of losing business/money
• Belief = I’ll have no guests, I’ll go out of
business and I’ll lose everything
22. « Fact » I don’t know how to do
marketing
• Thought = It’s not my thing
• Feeling = I feel stupid, because I « ought » to
know
• Belief = Someone else needs to do it for me
23. « Fact » I feel overwhelmed
• Thought = I don’t know what to do
• Feeling = poor me (victim)
• Belief = I’m safer if I stay where I am
24. « Fact » I’m worried about money
• Thought = I have to take any guest at any cost
• Feeling = anxiety and frustration
• Belief = It’s better to fill my beds with anyone
rather than have them empty
25. You’re vulnerable
• To online travel agencies
• To other directories and their promises
• At the mercy of the economy
• As a price-driven commodity
• Dis-empowered and dependent
28. Online travel agents
Trip Advisor
Amazon
Anybody who else who we
allow to swallow us up
making all the decisions and
taking ALOT of commission –
leaving you totally
dependent
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B&B
29. Here’s the horrible truth
• When you’re using that business model, you
don’t really have a business
• You are a supplier of beds to the OTAs
• You are a commodity
• Your guests are not even your guests
• You are at the mercy of them
• You are not sustainable
And here’s the biggie – people are not being served
30. The magic happens inside first
• What got you to point A – where you are
now, will not get you to point B – where you
want to go
• Nothing changes, unless YOU change
• It begins with your thoughts
31. Back in the day when…
• I was making around €10k a year my thought
process went something like this….
32. Someone’s asking for a discount..
• Thought - I wonder how low I need to go to
get this sale
• Feeling – Anxiety
• Belief - There’s no more money coming, so I
have to get this guest at whatever cost to me
33. And the result of that thinking?
• Resentment on my part because I’d
discounted my price
• Betrayal of myself and the value of my B&B
• Low energy because of my fear
• Which resulted in poor customer service
• No repeat business
• More people asking for discounts
34. I have to be around ALL THE TIME
• Thought – my guests are special and they
need me all the time
• Feeling – fear of not being liked
• Belief – I’m selfish if I put my own needs
first, and I don’t deserve to have a life outside
35. And the results of that thinking?
• Resentment on my part because I have let
myself down by having no boundaries
• Sense of frustration which guests
subconsciously feel
• Becoming tired and irritable over time
• Eventual burn out
36. Guests don’t want me to sell to them
• Thought – They won’t like me
• Feeling – Inadequate and at the same
time, superior
• Belief – Selling is sleazy anyway, and it’s
beneath me
37. And the results of that thinking?
• Afraid to offer guests something else in case
they don’t like it, or it’s not good enough
• Staying small and preventing expansion
• Feeling stuck and trapped
• Poor results in business and in life
39. Example
• Thought – I am taking care of myself first
• Feeling – Empowerment
• Belief – I am valuable , and I deserve to have a
life
40. Another example
• Thought – My private time is important for me
and my guests
• Feeling – rested and energised
• Belief – I deserve to take time out
41. Final example
• Thought – What else can I offer my guests?
• Feeling – In service to others
• Belief – Selling is helping others to get what
they want
42. Results of THAT thinking
• Business boomed to over €100k
• Greater self esteem
• Self confidence
• Expanded skill set which I can use anywhere
• Happy guests who come back again and
again, write great reviews and refer their
friends and family
• Thriving business
43. Which in turn allowed me to
develop this business model, and
help others
44.
45. What does it mean?
• My business belongs to me
• I don’t rely on anyone else to bring me guests
• My guests are my guests and I take care of
them very well
• I have a valuable business asset that I can sell
• I am in control
46. What’s happened?
• To your vision of working for yourself, getting
out the rat race and having the freedom and
lifestyle you dreamed of?
• Have you traded your dream to become a
« mattress company »
48. Why did I start this business?
What is it I want to accomplish?
What’s not working for me right now?
What do I believe is preventing me
from getting what I want?
Why do I think I have that problem
What’s going to happen if I don’t
resolve it?
50. Your competitors are doing this:
• Discounting their prices to get guests at any
cost
• Working themselves to death
• Have become a commodity based on price
alone
• Have become « mattress companies »
• Do not have a Customer Relationship
Management System to really take care of
their guests
51. And this….
• Are afraid of selling, so are not meeting their
guests needs
• Relying on OTAs to bring them guests,
• Are constantly worried about money
• Anxious and frustrated
• Are not doing the things they know they need
to do to move forwards
52. And this….
• Have no idea what to do to move forwards
• Have no systems in place to attract more guests
• Are working the dysfunctional business model I
showed you earlier
• Have become « mattress suppliers »
• Are habitually thinking negative and fear-based
thoughts
• Are not taking responsibility and playing small
56. 5 Step Magic! Plan
• Step 1 Become the Beacon of Hope for your
area – claim your place! Research what
people are looking for when they come to
your area and be the answer to their prayers.
• Start promoting your area, instead of
promoting yourself. Become the expert on
your local area, the one that everyone looks
to. Come from a « giving » energy, rather than
« what can I get » energy
57. Step 2
• Upgrade your website with the words they use
and make it easy for them to find their way to
the booking page. Stop talking about you and
start inspiring your visitors with what’s
possible for them, with you.
• Make it easy for them to choose you
58. Step 3
• Cure Disposable Guest Syndrome! And start
building long-term relationships
• Focus on increasing customer spend, by
offering more of your products and services
before they arrive and during their visit. Get
good at selling – help your guests to get what
they want – no-one else is doing this!!
59. Step 4
• Focus on increasing your personal
network, rather than trying to sell rooms. The
bigger your network, the safer you’ll be.
• Stop discounting, and de-valuing yourself and
your B&B.
• Find people online you can help.
• Connect with « leaders » and become one of
them yourself
60. Step 5
• Use technology to automate the sales process
and the upsell process, and the asking for
referral process
• Get some help in your B&B (if you haven’t
already) and make a decision to really focus
ON your business, instead of being IN it all the
time
• Focus on marketing
61. 10 tips for you….
• Begin to catch yourself when you think badly of
yourself, don’t judge, just notice
• Start changing those thoughts around into
something more empowering for you
• Put some boundaries in place so you get some
time off every day
• Book a vacation and close during the low season
• Make a decision that you’ll reach that goal this
year
62. More tips….
• Reach out and add at least another 500 people to
your network within the next 30 days
• Get in touch with your past guests and start re-
building that relationship
• Ask your past guests to help you out and take a
quick survey to find out what they want
• Develop something that they would buy from you
• Put a real sales and marketing system in place
63. Get some help
• You just can’t do it on your own
• You don’t know what you don’t know
• You need accountability otherwise you won’t
do it
64. My invitation to you
• Work with me to change your life
• We’ll implement your new tailor-made
business model together
• Gain new-found confidence in yourself and
your ability to run a successful business
65. If you’re even a little worried
about money
• Your network is everything
• Your reputation is everything
• Your integrity is everthing
• Your leadership is everything
• Stop hiding and being annoymous
66. It’s only going to get worse
• The OTAs are taking over
• Amazon have started offering hospitality deals
now
• More and more people are giving up and
becoming a supplier of mattresses
• How long before the independent lifestyle you
dreamed of is gone forever?