For UK B2B company leaders

Restoring New-Business Mojo

Your business used to be able to go and find customers. Somewhere in the last fifteen years it stopped needing to - and stopped being able to.

Nobody decided this. Every year the ads worked, renewing them was the right call, and going out to find customers quietly stopped being necessary. Anything that stops being necessary stops being practised. It matters because paid search could stop bringing in new enquiries - fading slowly as costs rise, or falling away fast as buyers ask an AI instead - and you control neither. If it does, you may have nothing else that brings them in.

01

Every decision was the right one

Nobody decided to stop being able to reach people. It just happened, one sensible year at a time.

Every year you renewed the ad budget, it was working. Renewing was the right call - and you would make it again on the same information. Nobody sits down and decides to stop being able to reach customers directly. It is just what happens when the other thing keeps working. And that is the difficulty: anyone can challenge something that is failing. Nothing here ever failed.

Further reading

There is a loop here, and it is a healthy one right up until it isn't. You get better at what you do often. Being better makes it work more often. Working more often means you do it more.

The catch is that the loop feels identical from the inside whether you happen to have specialised in the best available option or merely the first one that worked.

Nor is it a failure of attention. Researchers have shown that someone playing perfectly - thinking ahead, trying things properly, weighing it all up - still ends up choosing what works straight away over what gets better with practice, even when the two are worth exactly the same. Seeing the loop would not have got you out of it.

Two researchers named this in 1988 and called it the competency trap: favourable results from one way of doing things lead an organisation to build up more and more experience with it, which keeps its experience of the alternative too thin for the alternative ever to look worth using.

One of their own examples is the typewriter keyboard - nobody chose QWERTY on merit, and nobody feels foolish for typing on it.

A 2020 revisit put the finer point on it. What improves with practice - here, the approach itself - loses to what pays back immediately, and the authors' phrase for the result is that selection systems, even well-designed ones, are biased against late-bloomers.

Sources
  • Levitt, B. & March, J. G. (1988). “Organizational Learning.” Annual Review of Sociology, 14, 319-338. Definition at p. 322.
  • Denrell, J. & Le Mens, G. (2020). “Revisiting the competency trap.” Industrial and Corporate Change, 29(1), 183-205. Denrell is at Warwick Business School.
02

What new-business mojo actually is

It is four habits, not a mood. Every one can be taught, and none of them is choosing who to call.

When a lead arrives from a search, someone has already put their hand up. Working a list is a different job, and what it takes is not enthusiasm and it is not luck. It is four working habits:

  • carrying on when most people say no
  • believing today's effort often pays off in the future
  • staying calm through the nineteen who are not in the market right now, and sharp for the twentieth who is
  • improving the message itself

Note what is not among them: choosing who to phone. You choose the list once, properly, and then you contact all of it.

Further reading

Why mojo rather than something more formal? Because everyone recognises it. A team on form makes the calls, takes the knocks and goes again. A team off form finds reasons why it is not working. Same people, same product, same market. The difference is practice, and it is visible from across the office.

One of the four is yours more than theirs. The work and the reward are often separated by a long gap, and the person making the calls will believe in a payoff they cannot see for exactly as long as you and the leadership team visibly do. Treat the activity as an investment and they can hold the horizon; ask it to prove itself by quarter-end and they cannot.

There is an honest limit to how much of this anyone can sell you. The habits belong to your people, and they come back the way form always comes back: by doing the thing regularly, fed by the best raw materials.

It is also why money cannot fix it quickly. You can buy media tomorrow. You cannot buy back a temperament that has not been exercised in a decade - it has to be rebuilt, and rebuilding means doing the thing imperfectly for a while first.

What can be supplied is the raw material. The rest has to come from inside the business - and that is not a disclaimer, it is the reason it is worth having. A competitor can buy the same list and still not be able to work it.

Sources
03

Success is what removed the reason to practise

Nothing sabotaged this. It stopped because the other thing worked.

The skill did not fade because anyone neglected it. It faded because the leads kept arriving. When enquiries come in on their own, going out to find them stops being necessary - and anything unnecessary stops being practised. The channel did not take the capability away. It removed the reason to keep hold of it.

Further reading

It is worth sitting with, because it inverts what you would expect. If the ad spend had failed, somebody would have gone looking for another way, and the new-business skill would have stayed in use.

Because it worked, nobody had to. That is why there was never a moment to notice. A problem announces itself. The absence of a problem does not.

Two things to be clear about, because this argument overreaches very easily.

It applies to paid advertising that reaches people already looking. It is not an argument against your website, your reputation or your search ranking, all of which are worth having and worth investing in.

And it does not say the spend was wasted. It says that one route being easy is why the other one went quiet. Both of those are true at the same time.

Sources
  • Argote, L., Beckman, S. L. & Epple, D. (1990). “The Persistence and Transfer of Learning in Industrial Settings.” Management Science, 36(2), 140-154. Cited for the principle that past output overstates present capability, not for its figures, which are specific to the industries studied.
  • Darr, E. D., Argote, L. & Epple, D. (1995). Management Science, 41(11), 1750-1762.
  • Benkard, C. L. (2000). American Economic Review, 90(4), 1034-1054.
  • Related briefing: Your Rented New-Business Pipeline
04

One channel collects. The other collects and builds.

It reaches the ones who are ready today. It also reaches the ones who will be ready later. Only one channel here does both.

A search ad only appears in front of someone already searching - about one in twenty of your market at any moment, and not even all of those. Some do not know the words to look for. Some search where you are not bidding. Increasingly, some ask an AI and never reach a results page. Approaching a named decision-maker does not wait for any of that: you decide who to reach. So it finds ready buyers the auction never surfaced, and it reaches the nineteen who are not ready - who, when they do start looking, start from whoever they already know.

Further reading

The right objection to raise first: does this take two years to pay anything back? No. Approaching decision-makers directly does not wait for them to search, so it finds the ones who are ready now - including those the auction never surfaced - and they buy on an ordinary timescale.

You are not swapping an immediate return for a delayed one. You are buying an immediate one that also compounds.

Only about one in twenty business buyers is in the market at any given moment. The rest will buy eventually, just not now.

What matters is what happens when they finally do start looking: they do not begin with an open mind and a search box. They begin with the two or three names they already recognise. A 2025 study of how business buyers actually behave found that about four of the five suppliers they seriously consider are on that list from day one - and that whoever sits top of it, before anyone from sales has spoken to them, wins the deal more than eight times out of ten.

Everything you send to the nineteen is buying a place on that list.

The one-in-twenty figure comes from Professor John Dawes at the Ehrenberg-Bass Institute.

The shortlist findings are 6sense's 2025 Buyer Experience Study, an annual piece of research that measures what buyers actually did rather than what they say they would do.

Worth knowing which way round the two findings work. The one-in-twenty figure is about timing - most of your market is not buying today. The shortlist finding is about position, and it is the more useful of the two: being reachable at the moment someone starts looking is worth very little if the list was drawn before you got there.

Sources
05

“We tried that once”

One campaign, judged by the wrong yardstick, closed the subject for a decade.

Most businesses have a story about the mailing that did not work. Look at what actually happened. It ran once, before anyone had any practice, and it was judged against what a search click-through converts at - so a good direct marketing response rate looked like failure. That one afternoon settled the question for ten years. Meanwhile the ads got another go every month, and all the benefit of the doubt.

Further reading

There is a well-documented reason a single bad experience sticks. When something goes badly we stop doing it, so we never find out whether it would have improved. When something goes well we keep doing it, so any over-optimism gets corrected naturally. Bad first impressions last; good ones get tested. It is called the hot stove effect, after the child who touches a hot stove once and never touches any stove again.

And “we still do a bit of it” is not an escape. The bias survives perfectly well when a bad experience merely makes you do less of something.

One small mailing a year is not a test, and it is worth being clear about why not. It is small, so even a good response rate returns a modest number of leads. It is occasional, so nobody gets any better at it between attempts. And it is being weighed against a verdict that has already been reached - which means only a spectacular result would be loud enough to overturn it, and a spectacular result is the one thing a small, unpractised mailing cannot produce.

So it comes back each year with a respectable number that nobody notices, and the subject closes again. None of which makes the original verdict true. It only makes it durable.

The effect is not just theory. Researchers tracking more than 9,000 company managers found that past experience shapes their decisions more strongly when the outcome was negative than when it was positive - the same asymmetry, in real executives, spending real money.

The most familiar version is online reviews: a product with poor early ratings gets avoided, so it never accumulates the later reviews that would have corrected the picture.

Sources
  • Denrell, J. & March, J. G. (2001). “Adaptation as Information Restriction: The Hot Stove Effect.” Organization Science, 12(5), 523-538.
  • Denrell, J. (2024). “Adaptive Sampling Policies Imply Biased Beliefs.” arXiv:2404.02591.
  • Dittmar, A. & Duchin, R. (2016). Review of Financial Studies, 29(3), 565-602.
  • Le Mens, G., Kovács, B., Avrahami, J. & Kareev, Y. (2018). Psychological Science, 29, 1475-1490.
06

It leaves when people leave

The thing that made your best salesperson good was never written down.

Think about the best salesperson you ever had. What made them good was not a process - it was new-business mojo: the ability to make the next call after twenty that went nowhere, and to be genuinely sharp with the one person in twenty who was interested. None of that was written down anywhere, and when they left it went with them. Which is why businesses are wrong when they assume they could pick direct marketing up again whenever they wanted. Having done a lot of something once is a poor guide to what you can do this quarter.

Further reading

Research on what businesses lose when experienced people leave keeps finding the same thing: the damaging losses are the ones that could not be written down in the first place.

Anything documented survives. Anything that lived as nerve, feel or accumulated craft goes out of the door with the person - and a handover document does not catch it, because nobody has ever successfully written down how to stay cheerful through the two hundredth non-reply.

A 2023 review of this literature concludes that loss of tacit knowledge is more harmful than loss of explicit knowledge, specifically because tacit knowledge resists codification - you cannot hand over what cannot be written down.

Neither a process document nor a CRM protects you here. Only doing it again does.

Sources
  • “Knowledge loss induced by organizational member turnover: a review of empirical literature” (Parts I and II), The Learning Organization, 30(2), 2023, pp. 117 and 137.
  • Argote, L., Beckman, S. L. & Epple, D. (1990). Management Science, 36(2), 140-154.
07

The same capability opens every other door

New business should probably arrive by more than one route.

Every way of reaching a decision-maker directly runs on the same two things: a properly defined list of who you want to reach, and people with the temperament to work all of it. While the ads kept delivering, neither was needed. So the position is not that search advertising is your best option. It is that it may now be your only one.

Further reading

The medium, the message, the follow-up: all of it sits downstream of the list and the temperament.

Which is why this is one decision rather than several. The same list sits behind every approach that reaches a decision-maker directly, whichever medium you choose - so getting it right does not open one route. It opens all of them at once.

08

Restoring it: who does which half

The team supplies the persistence. The manager supplies the timeframe. Neither works without the other.

Restoring this is two jobs, not one. The people making contact need persistence, a thick skin, and belief that today's work pays off later. That belief cannot survive being scored on this month's conversions alone. Nobody is suggesting you stop counting those, or that this replaces the ads - it runs alongside them. Direct access brings in this month's orders too, and they should be counted. But they are only half of what the activity produces. The other half is a position with the people who will buy later, and no monthly conversion report will ever show it. Count one and you have recorded persistence as failure. Whoever sets the timeframe decides whether any of the rest is possible.

Further reading

The honest picture of who does what.

Your people supply the effort and the temperament. Nobody can sell you those, and they return the way form returns - by doing it regularly.

You supply the timeframe and the patience. That is genuinely the harder half, because it means running two clocks at once: the orders arriving now, which you will recognise, and the position being built for later, which does not show up anywhere on a monthly report. Both are real, and only one is easy to see. Behind both, something more valuable is being rebuilt - the capability itself, which is what leaves the business able to reach its market directly whatever happens to the ads.

A supplier can supply the list - defined, continually verified, named decision-makers. That part is a purchase decision, and it can be settled this quarter.

There is a documented reason the timeframe matters this much, and it is not simply about morale.

Researchers describe a pattern where an early bad experience of something makes you try it less often, which means you never gather the evidence that would have corrected the impression. Perfectly good options get abandoned this way and are never revisited - and it happens to careful people following sensible rules.

A short measurement window is a machine for manufacturing exactly that early bad experience.

Sources
  • Denrell, J. & March, J. G. (2001). “Adaptation as Information Restriction: The Hot Stove Effect.” Organization Science, 12(5), 523-538.
  • Denrell, J. (2024). arXiv:2404.02591 - the bias survives even where a negative belief merely reduces sample size.
09

The two kinds of hard

Some of this is just hard. The rest is avoidable.

Most people saying no is the job, and getting good at that is the whole exercise. Wrong person, left last year, bounced email, far too small - none of that is the job, it is friction on the way to it. A clean, accurate list removes the second kind. What is left is the work itself.

Further reading

The distinction matters commercially, because only one half is something you can buy.

Nobody can sell you a shorter road through the nos. That is the exercise itself, and getting good at it is the whole point. The other half is not the exercise at all, and it is settled by a purchase decision before the first call rather than discovered during it.

So the question to put to a data supplier is not whether they can make this easy. It is how much of the friction they take out before you start.

10

The list you already have

You may think the answer is already sitting in your CRM or your customer list. It probably is not.

Ask your salespeople what it is actually like to work the CRM. You will hear the same things: people who left years ago, the same company in there three times under slightly different names, old customers sitting alongside live ones and alongside leads nobody ever followed up. Every one of those is a call that goes nowhere - and that is the kind of nothing that wears a team down far faster than being turned down. A prospect who says no is the job. A number that rings out because the company closed in 2021 is not the job, and everyone doing it knows the difference.

Further reading

There are two separate problems in most CRMs, and they need different answers.

What is in there has aged. Duplicates, contacts who have moved on, the same site recorded twice, lapsed customers you cannot tell apart from current ones. We can match your file against our research and give it back to you record by record: which contacts we can confirm, which look like duplicates of each other, and which we can no longer find. That is a file your team can work, rather than a file they have learned to distrust.

What is not in there at all. The companies in your market you have simply never had a contact for. That gap is invisible from inside your own data, because a CRM cannot tell you about companies it has never heard of. It is usually the larger of the two problems and the one nobody has ever put a number on.

If renewed outbound starts against records that were never viable, the team forms its verdict on the whole idea from that experience - and that verdict is close to irreversible. Sorting out what you already hold before adding to it is what makes the attempt a fair test of anything.

It is also the half that can be settled quickly. The temperament takes repeated effort to rebuild. The condition of the data does not.

11

You can only build it while you don't need it

Search can change inside a quarter. The alternative takes several to build.

Nobody is suggesting you turn the search spend off. Keep it, and keep it working. The question is what happens if it changes - costs climbing, the auction getting harder, AI answers absorbing clicks that used to reach you. Any of that can arrive inside a quarter. Building the ability to reach people directly takes a good deal longer, and it cannot be started in an emergency: by the time you need it, it is too late to begin. So it gets built while the current channel is still working, or it does not get built at all.

Further reading

There is nothing manufactured here. No deadline, no scarcity, no offer expiring on Friday. It is just an asymmetry between how quickly the two things can happen, and it does not care whether the timing is convenient.

The good quarter is the reason to act, not the reason to wait.

We set out what is actually changing in search in Why Your Clicks Are Disappearing. The asymmetry holds even if search carries on exactly as it is - it is about lead times, not about a forecast.

If the temperament has to be rebuilt through practice, and practice takes repetition, then the duration is not a project estimate that more budget could compress.

It is the amount of practice required. That is why money cannot shorten it, and why starting is the only lever available.

Sources
12

What could you reach on Monday?

The question takes a minute. The answer takes years to change.

If the ads stopped this Friday, who could you actually contact on Monday? For most businesses the honest answer is a small fraction of the companies that will buy from them. And the reason is not that the names are unavailable. It is that going out to find customers has not been necessary for years - so nobody has done it, and nobody is practised at it.

Further reading

Whatever the answer is, it will not improve on its own, and it cannot be improved quickly. The names can be got. The practice cannot - it comes back only by doing the work, imperfectly at first, for as long as that takes.

Which is why the question is worth answering now, while the ads are still working and the answer is merely uncomfortable. Asked on the Monday after they stop, it is not a question any more - it is the position you are in. Answered now, it is still a decision.

How many of them are there?

Tell us the kind of business you sell to and the sort of person who signs it off. We will show you how many there are in the UK, where they are, and how it splits by size. It is free, and it is the honest first step - there is no point discussing channels until you know how much of your market you can currently reach.

See the analysis
  • Over 1.3 millionNamed decision-makers, reachable directly.
  • Over 340,000The largest UK trading companies they sit inside.
  • Over 3.6 millionFurther UK companies also contactable.
  • 1992Researching UK business data ever since, continually verified.
  • 94 daysThe average age of a record across the database.
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