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Dacey Rankins

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2025-11-14 20:54:03 -

Business Development – Foundations, Strategy, Operations & Common Questions
Introduction Business development (BD) is one of the most misunderstood functions in modern organizations. Many assume it’s simply another word for sales, others treat it as marketing or partnerships, while some see it as networking and outreach. In reality, business development is a strategic discipline focused on long-term growth, requiring market analysis, relationship-building,...

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Dacey Rankins

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2025-11-17 18:50:31 -

How Do I Build and Maintain Long-Term Relationships with Partners and Clients?
Building and maintaining long-term relationships with partners and clients is the foundation of successful business development. While deals, contracts, and one-time sales can provide temporary revenue, it is the ongoing relationships that generate sustainable growth, repeat business, and strategic opportunities. Relationships require consistent effort, clear communication, trust, and alignment...

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Dacey Rankins

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2025-11-19 18:13:16 -

How Do I Build and Maintain Long-Term Relationships With Partners or Clients?
Long-term relationships are the foundation of successful business development. Deals generate revenue, but relationships generate consistency, growth, referrals, trust, and long-term market stability. Whether you’re dealing with strategic partners, B2B clients, vendors, or enterprise accounts, your ability to build and maintain relationships determines the long-term success of your...

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Dacey Rankins

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2025-11-18 15:40:55 -

How Do I Develop a Business Development Strategy? (Step-by-Step Guide)
A business development strategy is the master plan a company uses to identify new growth opportunities, build strategic partnerships, expand into new markets, and strengthen long-term competitive advantage. Unlike marketing (which drives demand) or sales (which closes deals), business development focuses on creating the pathways through which future demand and revenue can exist. A strong...

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Dacey Rankins

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2025-08-18 13:27:56 -

How Do PMs Work With Customers, Stakeholders, and Engineering Teams?
The role of a product manager (PM) can often seem ambiguous to those outside the field. Unlike engineers, designers, or marketers, PMs don’t “own” a single function—they instead serve as connectors, strategists, and facilitators who bring together diverse groups to create successful products. A PM’s ability to collaborate effectively with customers, stakeholders,...

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Dacey Rankins

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2025-11-17 18:37:51 -

How Long Does It Take to See Results From Business Development Efforts?
Business development (BD) is one of the most misunderstood functions in any organization. People often expect immediate results—new partnerships, new deals, new revenues—and become frustrated when weeks or even months pass before outcomes appear. But business development does not operate on the same timeline as short-cycle sales or direct response marketing. It is a long-game...

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Dacey Rankins

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2025-11-17 18:49:44 -

How Much Does It Cost / What Budget Do I Need for Business Development Activities?
Business development (BD) is widely recognized as a critical driver of growth for companies of all sizes. However, one of the most common questions business leaders, startups, and executives ask is: “How much should we budget for business development activities?” Understanding the costs involved is crucial because BD is both an investment in future growth and a resource-intensive...

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Dacey Rankins

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2025-11-17 17:20:07 -

How to Develop a Business Development Strategy
Introduction A business development strategy is the roadmap that guides how a company identifies opportunities, builds partnerships, grows revenue, and expands its market presence. Without a clear strategy, BizDev becomes guesswork — chasing random leads, pursuing partnerships that don’t create value, and wasting time on initiatives that don’t support growth. This article...

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Dacey Rankins

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2025-11-18 15:43:52 -

How to Identify and Qualify New Business Development Opportunities or Partnerships
Business development lives and dies by the opportunities you choose to pursue. Some organizations fail because they pursue too many opportunities. Others fail because they pursue the wrong ones. And some fail because they pursue none at all, hoping that growth will show up on its own. The truth is that business development is fundamentally a discipline of opportunity identification,...

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Dacey Rankins

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2025-11-17 18:30:02 -

How to Identify and Qualify New Business Opportunities or Partnerships: A Complete 3,000-Word Guide
Introduction Identifying and qualifying business opportunities is one of the most critical responsibilities in business development. Whether you're part of a startup, a mid-sized company, or a large enterprise, your ability to find the right opportunities — and avoid wasting time on the wrong ones — directly determines your growth potential. Great business development isn’t...

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