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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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Posted in Marketing,Personal Growth,Startup,The Experts Series | Comments (2)
 
March 1, 2010

BIBJ Theme for March: Small Business Branding and Positioning
Susan @ 9:00 am

Welcome to March, the month that comes in like a lion!

For every month in 2010, I’m focusing on a theme that’s critical to small business success and talking about that theme in my e-zine, No Suits Allowed!, here in my blog, and with my experts in The Experts Series. In January, we talked about planning your year and your small business. In February we focused on finding meaning and purpose and gaining authenticity, and I interviewed Bob Burg, author of Endless Referrals and co-author of The Go-Giver and Go-Givers Sell More in The Experts Series (if you missed that call and want the recording, you can still download it for free here).

This month my attention will turn exclusively to Branding and Positioning. As such, you’ll see articles all month long on branding and positioning your small business, throughout this blog and my No Suits Allowed! e-zine.

I’m also interviewing Jack Trout, author of over thirteen bestsellers about branding, positioning, and marketing. He’s the author of several of my official small business reference books, including Differentiate or Die and The 22 Immutable Laws of Marketing, and I consider Jack to be the father of modern branding and positioning.

When I was interviewing Bob Burg and mentioned my upcoming interview with Jack Trout, Bob said,

“Jack Trout is one of the seminal masters when it comes to positioning, branding, marketing. This is a guy who is so big and has been for so long, for you to have gotten him to appear on your call says a ton about you. And I hope everybody listening will be on that call next month. This guy is a master and just please, make the time to listen to him.”

To sign up for that call, go to The Experts Series.

I’d like to also announce the launch of my updated six-week teleseminar class, 7-Figure Branding Secrets, where I’ll take you through the exact process that I use with my one-on-one clients to create memorable brands with serious moneymaking potential. I’ll include a Q&A during every single class so I can walk you through your own branding process. More details, including dates and specifics, to come later this week!

Stay tuned!

 
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Posted in Announcements,Branding,The Experts Series | Comments (0)
 
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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