Rainmaker (business)

In business, a rainmaker is a person who brings in new business and wins new accounts almost by magic, since it is often not readily apparent how this new business activity is caused. Business rainmaking means generating new business or additional cash flow from sources sometimes outside established business channels, sometimes by connecting with people in non-traditional or hidden markets, and sometimes by prompting current clients to spend more money. A rainmaker is usually a key figure in the business or organization, not merely a salesperson, but a principal or executive who is usually highly regarded within the enterprise.

The origin of the business sense of rainmaker may be an allusion to the Native American practice of dancing to encourage deities to bring forth the rain necessary for crops. In summertime during a drought, for instance, the rainmaker would dance and sing songs on the plains, and the activity was believed by others in the tribe to magically cause clouds to come and bring the life-giving rain. By analogy, a business rainmaker would magically bring new business and clients to a firm or generate more revenue from existing customers and donors, and rain is a metaphor for money. An example of a rainmaker was the late advertising agency executive Frederick D. Sulcer who was described as a rainmaker after bringing the agency numerous new accounts to the agency. According to one view, the role of the rainmaker is to find a dormant business problem and then create a vision of what life could be like if that problem were solved.

The term rainmaking can also refer to mechanically seeding clouds to induce additional rain, especially on agricultural land during a drought.

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Category:Fundraising