Laura’s Winning Ideas

Proposal Expert, Laura Ricci, Muses on How She Reached Her 85% Hit Rate, Creating and Managing Dynamic Teams and Living Through Turnarounds Supporting Good People Doing Great Things

20 Questions: Play to Win

Filed under: Proposals, Strategy — LRicci at 10:36 pm on Saturday, September 8, 2007

Proposals are expensive. Writing losing proposals is more expensive than gambling in a casino.

As Richard White of FedMarket.com says, “Don’t write it if you haven’t sold it.” He’s a man after my own heart.

They just posted their 20 Questions game on-line, and you don’t need to stop at the window first to buy chips to play!

Rolling the Dice in DC - bookcoverRichard White is the author of “Rolling the Dice in DC” and the firm offers training courses to help firms write proposals to federal agencies, especially GSA procurements. For firms needing a foothold, they also offer federal information: decision-maker lists, historical information on agencies and individuals, purchase histories. A Hoover’s(tm) on the Federal Government.

Richard and I had a nice chat about their firm and he said, “My staff get sick of hearing me say it, but the biggest improvement any firm can have instantly is to make better choices about which proposals they write.”

When Richard started his career at Booz-Allen, he was assigned to a partner of the firm. He was taught never to respond to an RFP without pre-sale activity. That advice was a big help when he founded his own firm. He didn’t waste money writing losers.

After he sold that firm, he entertained his love of fly fishing…for three years. The boredom set in and he decided the greatest good he could offer was to help businesses trying to navigate the federal goverment casino, learn the odds, and spend their chips where they had better odds.

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  • 1 Comment »

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    Comment by David Kutcher

    September 10, 2007 @ 10:01 am

    I totally agree; the minute we became more selective with the proposals we wrote we were able to compose better proposals and immediately increased our win percentage.

    The other half to the equation is having a good supply of RFPs to evaluate and respond to. To this end I recommend visiting the RFP Database as a good place to find RFPs as well as put those discarded RFPs to work for you by exchanging them and earning credits.

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