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July 21, 2010

The “Social” Part of Social Media Matters!
Susan @ 2:57 pm

Ever since I gained a certain level of visibility and credibility in the marketplace, I’ve been bombarded with private messages and e-mails from people who want me to promote their books, products, teleseminars, live events, telesummits…

I’m particular about who and what I promote. I only share people and products I have personal experience with. I only share things that have helped me and improved my business. If I connect with someone or read a book that just didn’t help me, I’ll be darned if I’m going to promote that to my subscribers and followers, just to get a fat commission. I’ve never believed in promotion for profit. It’s just not my style.

But what bothers me most is that I regularly receive requests for help from people who have befriended me on Facebook, never said “hello,” and then sent me a message a couple of weeks later asking me to promote their new book and help them get to “bestseller status” on Amazon.

Why would I do that??

Why would I ever promote someone I don’t know? Why would I promote content I haven’t reviewed? How could I possibly recommend someone I don’t know and maintain my own integrity and authenticity?

I imagine there are people who will promote anything, thinking that associating themselves with someone they perceive as more successful makes them look more successful. It doesn’t.

So here’s the scoop: if you want people to promote your products, here’s the way to do it:

  1. Create really solid content. Don’t hold back. Give everything you’ve got and make sure you have a good editor (for print or audio).
  2. Form strong relationships with other entrepreneurs and small business owners who have the same target market. Look for complimentary businesses to form alliances with.
  3. Talk to people. Get to know them. Comment on blogs, Facebook pages, articles, and show your support.
  4. Bring value to the table for other people before you ask them to do something for you. Believe it or not, things like what I mentioned in #3 are ways of bringing value and forming a relationship with someone. I remember the people who post comments on my Facebook status updates and blog posts.
  5. If you want someone to promote your product or book for the first time and they haven’t seen your content before, send them a copy of your work before asking them to promote it. You might end up with a great blurb for your book cover or web site and you might also gain a fan.

Ultimately, the most important point I can make here is that if you’re using social media as a business networking tool, make sure you use it the right way. Remember to focus on the “social” part of social media. It’s all about the connection and the conversation.

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June 7, 2010

What Constitutes An “Expert,” Anyway?
Susan @ 3:13 pm

These days, anyone and everyone are calling themselves an “expert” and there are tons of business “coaches” who are promoting the idea that you don’t need experience, education, or training to be an expert. So…what is an expert, anyway?

Let’s start with the dictionary definition:

Expert.
noun.
a person who has special skill or knowledge in some particular field; specialist; authority.
adjective. possessing special skill or knowledge; trained by practice; skillful or skilled (often fol. by in or at).

Okay, that gives us a lot to go on.

To be an expert, you must have special skill or knowledge in some particular field.
How do you acquire special skill or knowledge in a particular field? First and foremost, I recommend reading. I’ve read over 3,000 books on small business, marketing, branding, personal growth, success, and profitability. But believe me, it’s not enough just to read. You have to read with a critical mind. You can’t read every single book and think they all contain The Answers. In fact, many books I’ve read contain one or two great thoughts, and the rest of the book simply builds on the theme. Other books have so many gems and wisdom, they tend to look like they’ve been through a war, with all the underlining and dog-eared pages. You have to learn to discern quality and substance, more than anything else.

Second, I recommend training. Take classes and courses in your area of study. I started my career as a web developer and I took tons of classes to acquire the skills I needed to be successful. Later, I taught classes in web development, and believe me, you become an expert very quickly when you teach! When I got carpal tunnel syndrome and had to change careers, I took a ton of training to be a coach. I didn’t take one course and call myself a coach. I took several courses and relied heavily on my Master’s degree in social psychology as well. And when I transitioned in to business consulting, I studied marketing and branding, startup and growth, and worked with mentors who taught me what they knew as well.

And that leads me to the third recommendation: study with the masters. Study with people who have vast amounts of experience in your field. Ask them to mentor you, as I did, and see if they’ll teach you or allow you to apprentice.

To be an expert, you must be trained by practice.
In Malcolm Gladwell’s book, Outliers, he shares a number that many of us know: 10,000. 10,000 hours is the number of hours it takes to become a master at something, to be truly proficient. So if you’re a chef, it takes 10,000 hours (or 10 years) to become a master chef. If you’re a violinist, it takes 10,000 hours of practice to become truly proficient. Likewise, if you’re a coach, it’ll take you 10,000 hours or 10 years to be a master (not in title, but in practice). I didn’t call myself an expert in small business until I had 10 years under my own belt. You just need time in the field and lots of practice to get beyond theory and to really know what you’re doing.

To be an expert, you must be an authority.
You know, there are lots of ways to become an authority. People all over the net are showing you how to become an “authority” or achieve “expert status” by marketing articles and using strategic PR…but you become a true authority when you have studied and trained and practiced, and achieved credibility and legitimacy. Ultimately, you achieve authority status when you achieve the respect of your peers and of those who have less experience and practice than you.

At the end of the day, anybody can call themselves an “expert.” But authentically, are you really one?


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May 30, 2010

The “Oprah and Tony Robbins” Marketing Strategy, Internet Radio, and Public Speaking
Susan @ 1:49 pm

“We’ll show you how to get on the Oprah show”
“Some of the graduates of our program have gone on to appear on Tony Robbins’ stage!”
“We’re always getting calls from publicists who want to know who’s hot right now so they can put them on Oprah.”

Have you heard any of these claims before? Maybe someone was trying to sell you a public speaking course, a public relations program, or your very own internet radio show, and they used what I call the “Oprah and Tony Marketing Strategy” to do it.

What is the “Oprah and Tony Marketing Strategy?” It’s a sales and marketing technique that’s based in another old strategy I like to call the “overpromise, underdeliver” strategy. They promise you the sun, moon, and stars, but deliver very little in the way of usable content or implementation. The Oprah and Tony Marketing Strategy is basically the “overpromise, underdeliver” strategy on steroids.

Let’s face it, if you’re a writer or an expert of any kind, if you have a message and you think it’s your life purpose to deliver that message to the world, then getting on Oprah’s show or Tony’s stage is your path to greatness, right? After all, Oprah changed the lives of Dr. Phil, Rachel Ray, and Dr. Oz, among many others. And Tony Robbins’ stage is the Holy Grail of public speaking, shared only by the best of the best.

Of course you want to get noticed by Oprah and Tony. And that’s what smart marketers and salespeople are counting on.

Let me tell you what happened to me the other day:

I received an e-mail on Facebook from a producer of an internet radio show company, subject line “Media Request.” He said that his company was developing a new internet radio show about small business and that I’d come up on his “radar” as a credible expert. He said he wanted to talk to me to see about having me host the show.

Luckily, I had heard of this company before, otherwise I might’ve been flattered by the “media request” (which, btw, is typically reserved for interview requests). I have to confess, I already didn’t like this company to begin with, because they named their company specifically to take advantage of a well-known classic in American radio, in the hopes, I think, of confusing people into thinking they were going to be appearing on that program or station.

But the thing is, I wanted to know what they were selling - I know some people who have been taken in by them, so I wanted to know how much they charge and what they promise. So I set up the meeting with the guy and settled in for the sales pitch.

As expected, this was a perfect example of the Oprah marketing strategy. I heard all about the many famous authors this guy had produced shows for, the implication being that if I did the show, then I’d become a famous author just like them, nevermind that none of them were currently paying him a dime, nor could I get confirmation that they had paid this particular company for this particular service. The fee was $6,700 for a 13-week internet radio show, and the guy said they’d help me produce it and then market it for me, so all I would have to do is call in each week, do my show, and then go on my merry way, doing nothing whatsoever to market the show after that. And by the way, publicists, PR reps, agents, and producers for shows like Oprah listened in on this particular company’s broadcasts all the time to find new talent, and they call this guy all the time to find out “who’s hot” and who they should bring on their shows for interviews.

See how slick that is? So basically, for a mere $6,700, I could get famous with my own radio show, have to do virtually none of the marketing stuff we all hate, and get on the Oprah show??? And you know that’s what most people hear.

But you have to listen in between the lines and know enough to know when you’re getting scammed. The marketing services they offered were minimal, some were unnecessary, and frankly, you could do much better yourself.

More importantly, there are companies that offer the same services for free, or with cool add-ons, up to $999 for an entire year of your own internet radio show. So why would you pay almost seven grand for this? Oh yeah…because you might get on Oprah.

Let me tell you another story. This time, a woman who found me on Facebook contacted me and set up a phone meeting to talk about a public speaking training program she was developing. She wanted to ask me (as well as several others) what I would want in such a program, so she could make sure to include stuff that people really wanted to learn. When we talked on the phone, she dropped several well-known names and bragged about how she can get people on Tony Robbins’ stage.

People? Seriously? When someone is trying to sell you something and they tell you they can get you on stage with Oprah or Tony? Hang up. Delete the e-mail. That is one of the biggest red flags of all time. Unless you’re talking to Oprah’s producer or reading an e-mail from someone with an e-mail address ending in tonyrobbins.com, stop falling for this nonsense! None of the big names you know were overnight successes because they paid for an internet radio show, a public speaking program, or anything else.

And I hate to say this, because for some of you, this might sting a little. It might seem harsh, but it’s the truth, and you need to hear it.People use the Oprah and Tony Marketing Strategy to prey on people who believe that the world is waiting to discover them. These are the same people  who have been told that all they have to do to be successful is find their “life purpose” or their “passion” and then everything will be easy.

Small business is not easy. It requires work. You have to work hard and you have to work smart. Don’t be fooled into thinking you can build a million-dollar (or multi-million dollar) business on a 4-hour work week! Sure, there are ways to work smart so that you don’t have to work a 40 or 60 hour work week, but please, stop looking for the easy way out. Stop looking for the easy answers or for the magic bullet and start taking responsibility for yourselves and for your success, and remember that unless you’re hiring a reputable publicist with a solid, proven track record, the likelihood of you getting on Oprah is…unfortunately…slim to none. Not impossible, but unlikely. And Oprah is not the only path to becoming notable. So settle down and pay your dues wisely, and it’ll be easier to spot the scams.


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May 21, 2010

Are You REALLY A ‘Bestselling’ Author?
Susan @ 10:37 am

Lately, I’ve received a large number of e-mails from people introducing themselves as ‘bestselling’ authors. Folks, this is a claim that is so simple to check out that you absolutely should not be lying about it.

Now…don’t get me wrong. I have no problem with you “spinning” your resume and credentials to sound a bit more impressive than they actually are, as long as what you say is still true. But if you’re blatantly disseminating information about yourself that is completely false, like saying you’re a ‘bestselling’ author when your book has never made it onto the New York Times or Wall Street Journal bestsellers lists, then you’re lying. Period.

According to Wikipedia, “a bestseller is a book that is identified as extremely popular by its inclusion on lists of currently top selling titles that are based on publishing industry and book trade figures and published by newspapers, magazines, or bookstore chains.” Wikipedia goes on to say, “in the United Kingdom, a hardcover book could be considered a “bestseller” with sales ranging from 4,000 to 25,000 copies per week.” Per week, people. So be honest: is your book really a “bestseller?”

The authors whose work appears on bestseller lists (and I’m not talking about Amazon’s lists, which change hourly and are micro-specific, but rather the real lists of USA Today, New York Times, or the Wall Street Journal) tend to be exceptional at marketing their books. They know that to be successful, you have to know how to market and you have to know how to sell, and you can’t just sell one book at a time. True bestselling authors are smart marketers who know how to leverage the right tools and professionals to build awareness about and visibility for their product.

Today, you can claim just about anything you want. You can say you’re an expert of any kind without anyone having to verify it. You can say you’re a speaker, a published writer, and yes, even a ‘bestselling author.’ But just because you say it doesn’t make it true. So before you say that you’re a “bestselling author,” make sure you know what that means, and make sure it’s actually true. Have some integrity in your self-promotion and you’ll gain more respect…and eventually, you actually might achieve that dream to be a real bestselling author.

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May 10, 2010

Creating Exponential Growth for Your Small Business
Susan @ 5:03 pm

How would you like your business to grow? Slowly, and in small steps, or quickly, in leaps and bounds? In this article, I’ll show you how to create exponential growth using strategic, joint venture relationships. Read more…

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April 29, 2010

How to Grow Your Small Business in Any Economy, Part 2
Susan @ 12:35 pm

My latest article at Associated Content: How to Grow Your Small Business in Any Economy, Part 2

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March 22, 2010

BIBJ Small Business Strategy Review - Frank Kern’s 4-Day Cash Machine
Susan @ 3:33 pm

Last week, during Frank Kern’s List Control launch, he offered the templates and full strategies for the 4-Day Cash Machine technique. Essentially, you pick a product, drop the price by half, add 5 cool bonuses, and mail your list for 4 days. On the List Control web site, Frank described the technique as something that would generate thousands of dollars and create good will for you with your list, even if you’ve got a relatively slow-responding list.

I thought, “Hm.” And decided to try it out. I’ve done this several times with other internet and information marketers. I try out their free stuff and if they promise certain results and give you strategies to get there, I test them. If the techniques they recommend work, then I think they might be pretty good at teaching me other stuff that might work.

Since this technique was billed as something that generates good will and positive feelings among subscribers (ostensibly because of the free bonuses and generous discount being offered), I wanted to see if that was true. I figured it would go one of two ways: either my subscribers would be excited about the promotions and would ultimately forgive me for mailing them every day for four days, or they’d be pretty mad.

How’d it go?

I lost a total of 17 subscribers, had 3 complaints, 1 spam report, and my sales actually dropped lower than normal. The thing I’m most bummed about is the lost subscribers. The number of people who unsubscribed doesn’t really make a blip on the radar of my subscriber list, but I’m bummed that there are 17 people out there who were bothered by my experiment and now have a negative feeling about me.

So what went wrong?

My subscribers are pretty unused to seeing me wearing the shoes of an overly-salesy marketer. And they’re not used to seeing e-mails from me every day. Generally, my subscribers are used to me sending my e-zine every week, and occasionally an additional e-mail to let them know about something cool I’m launching (and I hope they’re getting used to my experiments, LOL).
So four mailings in a week plus their regular e-zine….too much. I’d say that’s about 90% of it.

But there’s more. Okay, look….I’ve been working a lot of hours lately. We’ve got two clients launching new web sites and I’m working on a new book, and I made a huge mistake in the last mailing. The instructions for the 4-Day Cash Machine tell you to change certain lines. I followed the instructions and maybe because I was overly-tired, forgot to change one line.

So people were probably pretty confused to see me talking about a “dog training” system. When I saw that in my own inbox, my heart just about stopped. I was horribly embarrassed that day, and felt so bad about the whole thing that I sent an apology to my subscribers. (I have to say, though, in retrospect…the dog training thing is a little bit funny…you have to be able to laugh at your mistakes, people…really.)

On the plus side…
When I fail so publicly, I think it’s a cool thing because it gives me an opportunity to show other people that you really can be successful, even if you make big mistakes sometimes. You don’t have to be perfect to be a success!

But you do have to own up to your mistakes and you do have to apologize when you mess up. So I really hope my subscribers forgive me. And in fact, I received quite a few wonderful responses to my apology e-mail, and that was really awesome.

What did I learn?

Well, first of all, I learned that there’s one more info marketer on my list of folks who are teaching an old bag of tricks that no longer work.

My theory is this: As long as a strategy works well, they keep it quiet. When it slows down, starts to dry up, and isn’t serving them as well, they cash in and share it with the world, teaching their “private secrets.” I’ve seen this happen quite a few times.

The bottom line is:

From here on out, I’m going to trust my instincts and stick to my own way of doing things. I’m turning off all e-mails from information and internet marketers and I won’t be experimenting with their techniques anymore. I will, however, continue to learn from the folks I’ve come to trust, like Bob Burg, Jack Canfield, Jack Trout, Seth Godin, and other bestselling authors and real experts. I’ll rely on the old school business fundamentals I talk about so much, and I won’t try to throw in new techniques that jar my people as much as this one did.

Now don’t get me wrong. Frank Kern is a success for a reason. He’s got a brilliantly-crafted brand, a genius videographer, and his copywriting is pure inspiration. I’m sure his private clients are very happy folks, and maybe even the people who pay for his $2000 programs. But make no mistake about it, the 4-Day Cash Machine strategy does not work with every audience, it did not build good will among my people, and it did not impress me. So…there you go.


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March 8, 2010

BIBJ Small Business Product Review: Brian Tracy’s Business Growth Strategies
Susan @ 1:10 pm

Brian Tracy's Business Growth StrategiesBrian Tracy recently suggested that I try out his new Business Growth Strategies program, and who am I to say no to one of the greatest minds in small business success and personal development? Brian Tracy has consulted for more than 1,000 companies and addressed more than 4,000,000 people in 4,000 talks and seminars around the globe. He’s the top-selling author of over 45 books that have been translated into dozens of languages and has written and produced more than 300 audio and video learning programs, including the worldwide, best-selling Psychology of Achievement. So, you know, he’s major. And you simply have to know that Brian is the best at what he does.

Obviously, if someone like Brian Tracy personally recommends that you try something out, well, even if it’s his product, I just think you do it. So I immediately took the $1 trial and gave it a whirl.

*BTW, in the interests of full disclosure, please note that I do not have any sort of affiliate relationship with Brian Tracy. Period.

Business Growth Strategies: What is it?

Brian Tracy’s Business Growth Strategies is a seriously high-powered system of videos and written instructions to take you from where you are now to where you want to go with your business.

You start with a Business Profitability Assessment that examines 30 areas of your business. It’s comprehensive, but don’t be afraid- the whole assessment only takes about 10 minutes. That said, beware: this assessment shines a fairly harsh light on your business. I thought I had a pretty good setup with my business, but darned if I didn’t discover pretty quickly that there were at least 12 major areas where I could stand improvement.

What’s pretty cool, though, is that throughout the process, Brian is there, walking you through via video, and he’s just such a nice man and so encouraging that it helps soften the blow when you realize how much help you need (even if, for some bizarre reason I have yet to understand, the videos do tend to remind me a little bit of those Darma Initiative videos from Lost, which also strangely makes the whole thing even more pleasant…if you figure that one out, let me know).

Once you’ve gotten through the assessment, you learn all the areas where you need help and you can start getting into the actual meat of the content.

What you’ll learn:

Business Growth Strategies provides tangible help with just about any aspect of small business growth that you can think of. You learn a lot of theory about business growth, from setting up the right systems, making sure you’re properly capitalized, business planning, sales, marketing, time management, effectiveness, advertising….there’s almost nothing that isn’t covered. Business Growth Strategies is more comprehensive than you can possibly imagine. There are 52 lessons with more than 250 videos recorded by Brian Tracy himself, and every lesson comes with written materials, exercises, and action steps.

Pedagogically speaking…

From a teaching standpoint, the combination of mediums is really smart. You need to watch the videos to get the most out of everything, and probably it’s better if you watch them all more than one time, but you can download and (if you’re so inclined) print out the written instructions to make a pretty awesome workbook with exercises and action steps, so you know exactly what you’re supposed to do.

Although you can skip around the program and focus on whatever topic you want, they’ve set it up so that you get a lesson plan based on your Business Profitability Assessment. That’s pretty wise, because without that lesson plan, the massive amount of material available can get a little overwhelming and daunting.

If you go into this and want to be successful, I’d probably recommend that you plan to stay in the program for six months to a year. That way you can do one lesson a week and really maximize your learning and have plenty of time to take action and implement the recommended strategies.

Who does Business Growth Strategies rock for?

Business Growth Strategies is awesome if you’re just starting a business. You’ll start out the right way and with Brian as your de facto coach, you’ll have a clear plan and strategies in place to smooth out the often bumpy startup road.

It’s also great if you’ve been in business for awhile, especially if you’ve flat-lined. Your business will get a sound tune-up, you’ll find out exactly what you’ve been missing, and you’ll be back on an upward swing.

And, Business Growth Strategies would work especially well for people in a brick-and-mortar businesses who are looking to grow their businesses in traditional ways.

What do I wish Business Growth Strategies included?

Business Growth Strategies is soundly grounded in old-school business principles. You’d expect nothing else from Brian Tracy. So there’s no doubt in my mind that the content is top-notch and of the highest quality.

Still, as much value as the program brings, I’m left wishing that Business Growth Strategies had a small injection of “new school” business principles that factored in newer technologies like internet marketing and social media networking, which is an interesting thing to say since the entire program is internet-based.

That said, business is business, and too many folks in business today think it’s okay to bypass class business principles and as much as we entrepreneurs just love to fast-track stuff, in the end, that just doesn’t work as well. So as much as I’d like to infuse the program with just a wee bit of new school stuff, it’s probably okay that it doesn’t include much of it, because there’s plenty of that out here already.

Overall thoughts…

Do I recommend Business Growth Strategies? Yep. It pretty much rocks the house. It’s solid content, through and through. I didn’t feel sold on other stuff, and really, once you’re in, you’ll just spend time in the program learning. And learning. And learning. Brian Tracy just continues to prove over and over that he’s still got it, and he shows no sign of slowing down.

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February 26, 2010

If Your Top Small Business Challenges Are Sales & Marketing, You’re Focusing On the Wrong Stuff!
Susan @ 1:50 pm

In preparation for my recent interview with Bob Burg (if you missed it, download the recording here), I invited subscribers to share with me their top business challenges. I wasn’t surprised by the answers:

“sales,” “communicating with potential customers,” “sales,” “the telephone,” “sales,” “how do I increase my lead pipeline?” “how to market my business,” “where will I find my next client?” “growing my business,” “sales,”

Are you kidding me?!

90% of the questions I got were about sales and marketing, and the reason is that folks believe that sales and marketing are where you actually make the money. Well…you’re wrong.

If your top small business concerns are sales and marketing, you’re focusing on the wrong stuff.

“But…but how can that be true, when there’s an entire industry just build around sales and marketing???”

Ah, there’s the rub. Well, I’m not saying sales and marketing aren’t important. I’m saying that sales and marketing shouldn’t actually be your biggest “challenges.” And yes, I’m prepared to back that up. Here goes:

1) You should know your target market inside-out.

I’ll bet if you’re struggling with sales and marketing in your small business, you don’t know your target market well enough. If you did, you’d know everything from what their likely objections are to where to find them to what kind of marketing they’ll respond to. And when you know that, you really don’t have to wonder if your branding appeals to them or if you’re meeting their needs. You’ll know.

How do you get to know them? Well, first, you have to choose them. Narrow down the people you serve into a clear, definable subset of the population. It’s okay to do this, I promise. It doesn’t mean that you can’t work with people outside your target market. My target market is primarily female entrepreneurs in their 30s and 40s, but I work with women and men, and I have clients in their 60s. Your target market is who you work best with, who you understand the most, and who you like working with, combined with who wants what you have to offer.

Second, once you’ve narrowed down who your target market is, if you want to get to know them, ask them. Survey your list and if you don’t have a big list yet, look for places to find your peeps and invite them to take your survey. It’s not rocket science, but I do have a few recommendations: 1) Offer a high-quality freebie as a gift for taking the survey, 2) Limit your survey to 20-25 questions and only about 25% of those questions should be open-ended, 3) Ask them what you need to know as well as what you want to know. Get basic demographics, but also ask what keeps them up at night.

When your survey is over and you tabulate you responses, you should know a lot more about your target market, where to find them, and what they need and want. Everything else flows from there.

2) Once you know your target market inside out, you can focus on meeting their needs and providing value.

The people you serve are people. I’ve been saying that for a long time. They’re real people with real worries and real fears that keep them up at night. How can you serve them? How can you help address those worries and fears so that they can rest easy and get some sleep? If you’re addressing those needs and bringing enough value, not just in your products and services, but in how you’re showing up in the world, sales won’t really be a challenge anymore.

And remember, bringing value comes in many forms, too. This isn’t necessarily about giving your services away for free (although there may be times when that makes sense). As Bob and John talk about in Go-Givers Sell More, you can bring value in several ways. Bob and John mention five key ways to bring value that I really love: excellence, consistency, attention, empathy, and appreciation. And sometimes, just listening brings value. Who knew?

3) If you focus on bringing real value to people’s lives, sales will follow as a natural consequence.

One of the great things I picked up in my interview with Bob is that the top 10% of successful people in the world understand that giving and receiving are two sides of the same coin. They’re a part of the same thing - as Bob put it, they’re like inhaling and exhaling.

So many of us think that “it’s better to give than to receive,” but actually, being a “go-giver” means you’re focused on giving value, but you’re open to receiving. And as such, if you’re focused on the other person and bringing real value, the natural consequence is that you’ll be rewarded. One of my favorite lines from Go-Givers Sell More is, “The task here is not to create value in order to create a sale or in order to anything. It’s to create value, period…Right now, your total job is to focus on one thing and one thing only: providing value to other people. If you do that well, sales—and money—will find you.”

The bottom line is that sales isn’t about sales. It isn’t even about the thing you sell. And marketing isn’t about the thing you sell, either. They’re both all about value. What value do you bring to the lives of other people? That should be your biggest challenge. Once you master that, sales and marketing shouldn’t be an issue.


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February 17, 2010

“Why Isn’t This Small Business Thing Working?!”
Susan @ 12:05 pm

There’s one question I’m asked over and over again from people who seek out my help: “Why isn’t this small business thing working?” It almost always comes as a desperate plea, a cry for help from someone who’s been trying to make things work for a long time, from someone who’s tried everything they can think of to grow their small business and just hasn’t seen results.

So what’s the answer? Why isn’t your small business working the way you want it to? Obviously, the answers are different for everyone. Each business has its own things that need troubleshooting. But here are the things I see that are the most common reasons why small businesses haven’t yet achieved success:

1. Lack of clarity of purpose and lack of clear branding.
This isn’t just about having a clever name. Branding encompasses creating a clear mission for your company and getting clear about what you offer. If you offer too much or you’re too general or broad, your prospects won’t have a good sense of what you bring to the table or know if you can help them. You have to speak to them in their language, and you do that by a) making sure you make it clear what you do and who you do it for, b) reaching them with a corporate identity that resonates with them, and c) making sure you give them what they want with impeccable service.

2. Lack of a professional presence.
It’s okay to start out with a homemade web site or free Vistaprint business cards, but if you’ve been in business for awhile, it’s time to upgrade. Your web site should serve three purposes: 1) showing your potential customers and clients how you can serve their needs, 2) giving them an opportunity to interact with you (either via contacting you or directly buying from you), and 3) acting as a credibility check for your business. Say you’re at a networking function and you give someone your business card. If that person’s interested in doing business with you, they’ll inevitably check your web site when they get back to the office. If you’ve presented yourself in person as a professional, but your web site presents as amateur, you’ve got a credibility problem.

3. Lack of authenticity.
This is something I’ve been talking a lot about lately, because I see more and more people out there offering to teach you things they haven’t yet achieved for themselves: social media experts who don’t have followers on major social media sites, business experts who promise great riches, but haven’t achieved them for themselves…you have to have the goods to back up what you’re offering! And if you don’t, your prospects will see through you. From miles and miles away.

4. Lack of a clear marketing strategy.
Imagine if you were going to take a roadtrip. You know where you want to go, but not how to get there, and you don’t have a map. Would you just get in the car and drive around aimlessly, hoping you hit the right street and end up where you meant to go? No. Likewise, you can’t just start driving around hoping to pick up clients here and there without a clear marketing strategy that’s designed with your target market in mind.

You might be great at what you do, but if you don’t have at least these four pieces in place, you’re going to be missing loads of business and wondering why your business isn’t working. And if you don’t know how to get these four pieces figured out, you need help. It’s good to have a system, it’s great to have a plan mapped out. And even better if you can get an outside perspective, giving you ideas and solutions you might not have thought of on your own.


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Posted in Branding, Business, Marketing, Productivity, Startup | Comments (0)
 
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