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How to politely say your business is not good enough?

Hi As English is not my native language ,I need advice .I am team leader and founder of mikroevent .
Our company is dedicated to promote and put on wheels mostly USA,UK,AU,SA etc based software /services company here in German speaking countries Austria,Germany and Swiss .
So we have online part
-Translation
-Landing pages
-Social networks
-facebook
-xing
-linkedin
-twitter
-werkenntwen
-meinvz
- groups
etc
Offline
Events participating
On spot meetings
B2B calls
When we have stared we have idea to take only projects that we are believe it can bring a benefits to our clients and by benefit I mean $$$$.

All of as have more than five years experience in penalty and critical teams where our jobs was to detect and terminate any scams,bogus jobs,fraudulent behavior etc .

It was like 200+ "clients " like this on weekly basis ,also a part of them was not scammers they just have a bad idea ,or business model .
Now when we are independent . A lot of honest and hard working people would like to present and sell product /service on EU market ,unfortunately lot of them have will to invest money only in sales and get immediately $$$$
You know that is not possible in order to sell something in today's world you need to have a quality ,and low price .

I would like to say to the people your idea is crap it will not bring you anything except headaches ,do not loose your money and time try with something else or with different approach .

I have more this "kind" of business than I have expected ,and behind some of them are relay nice people just with out experience or knowledge !

My question is how on polite way to tell them ,your idea is crap,sorry ! Try something new

44 Replies

Varun Mehta
3
0
Varun Mehta Entrepreneur
CEO of Disqovery
I get where you're coming from. I advise a number of (earlier-stage) startup founders, and here is what I usually do:
  1. Assess the founder'scoach-ability.Not all founders are created equal. Some are open to advice, and some are not. A little stubbornness is vital to success, but too much is a problem. I can typically assess a founder's coach-ability within a few minutes of learning about their business and asking a few probing questions. Pay attention to when/how they become defensive, and use that to make determination of how to proceed. You get better at this with practice.
  2. If they're coachable, coach them.If you can keep your clients on a successful path, then you'll be more successful, as well. Right?
  3. If they're not coachable, it's up to you.A clothing store lets anyone buy any item, as long as they have the money. However, you need to make an economic and personal decision on whether you want to work with them or not. What is it worth to you?Is all of this just a distraction?
Remember that you don't know everything, even if you know a lot.You have an opinion, and you might be right that the businesses will fail, but you can also be wrong. Keep an open mind, and you might run into clients that surprise you.
Nebojsa Stojnic
0
0
Nebojsa Stojnic Entrepreneur
Independent Business Owner at Mikroevent
Yes me and rest of the team are on this position .We have lot of experience but we do not know everything and sometimes we are wrong .But still there is a lot of obvious things like I would like to sell Mercedes spare parts in Germany.Well it is not ...
Joe Albano, PhD
2
0
Joe Albano, PhD Advisor
Using the business of entrepreneurialism to turn ideas into products and products into sustainable businesses.
Hummm - 5 whole years of experience and you're going to be able to separate the FaceBooks from the MySpaces ... what would you tell yourself?
Sean Reilly, CEM
0
0
Senior Management Analyst
Guide their thinking to working on product and distribution systems instead of just sales.
Nebojsa Stojnic
0
0
Nebojsa Stojnic Entrepreneur
Independent Business Owner at Mikroevent
Did not understated the question ! Facebook ,I have mentioned but Myspace never .So what is ontology of your question sir Joe Albano
Joe Albano, PhD
1
0
Joe Albano, PhD Advisor
Using the business of entrepreneurialism to turn ideas into products and products into sustainable businesses.
Perhaps I misunderstand your business model. I interpreted what you wrote as "we look at your proposed business and tell you whether it is 'good enough'" - do I have that correct?
Nebojsa Stojnic
0
0
Nebojsa Stojnic Entrepreneur
Independent Business Owner at Mikroevent
Yes and No ,Some business can be quite successful in USA (life couch,professional speakers ,business advisers etc) But in Europe this business are let said not so popular . And some business models ,coming with lot of luck.So we are not putting anything to a real test ,just sharing what we know .I think that every human ,have value and that is why I am looking for best things that I can say to this guys
Joe Albano, PhD
3
0
Joe Albano, PhD Advisor
Using the business of entrepreneurialism to turn ideas into products and products into sustainable businesses.
OK - you seem well-meaning ... so perhaps the issue is not whether or not your business is "crap" ... even you have said "we are not putting anything to a real test".

Maybe the best response is something like:
  • We're choosing not to work with you
  • Your business does not fit our criteria
  • Based on our experience we don't think we can help you
  • We're not confident that your business will work in our market because ...
Just a few thoughts.

Some people will be able to use your feedback to improve their offering or try something new. Others will have to live through the agony of defeat ...
Nebojsa Stojnic
0
0
Nebojsa Stojnic Entrepreneur
Independent Business Owner at Mikroevent
I like it a lot
We're not confident that your business will work in our market because ..
Thank you sir I havesearchedfor this
Farzad Wafapoor
1
0
Farzad Wafapoor Entrepreneur
Video & Digital Media
I've been in a similar position where entrepreneurs or managers approach me with either app or film ideas. After hearing their ideas, I basically tell them why it won't work: too much competition, too expensive with no ROI, doesn't have an audience, etc.
But don't leave it there, I provide alternative solutions and sometimes coach them (if feasible) into a better direction or business.
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