Small Businesses Once Again Ignored . . .

Financial Expert Reports 

of “Economic Rebound”

Grossly Exaggerated

 I had occasion yesterday to hear parts of a Baltimore radio broadcast that featured an on-air personality we will call Mr. Advisor, a man who proclaims himself a seminar presenter, radio and TV host, book author, and one of America’s top-ranked financial advisors.

I like this station’s programming. Most of the hosts are challenging, provocative, and informative. I try to tune in whenever I can.

I liked the overall theme of Mr. Advisor’s message which suggested that worrying about money gets us nowhere. As you know if you’ve visited here before, I have taught for more than 40 years that worry about ANYthing accomplishes nothing. Neither does dwelling on the past.

The past and future are fantasyland,

and generally not good places for

nurturing entrepreneurial minds.

So, if I am as I say, a present-moment, here-and-now thinker, who’s taught this mindset as the key to life success in management training sessions, college classrooms, books I’ve written, and this blog — what’s my issue? Part of my issue is with Mr. Advisor’s use of this awareness to quell economy fears as a bridge to selling his services.

I have no quarrel, in other words, with any effort to get people to focus more energy on the here and now because that is what life is really all about. I take exception with Mr. Advisor because after laying this groundwork, he proceeded to rattle off bogus interpretations of government and corporate statistics to make his points.

New housing startups and manufacturing indicators, he says, signal a rebounding economy . . . major corporate proclamations of sales and revenue increases and expansion plans add up to additional support, he says. Actual statements made were either misleading or naive. Considering his credentials, naivety is doubtful.

He tells his audience to not worry so much because things are looking up and that we can’t let fear of the unknown get in our way of making prudent investments. So do advisors who misrepresent reality.

Certainly, we as human beings do ourselves great injustice by fear of any unknown, but reality here has nothing to do with Mr. Advisor’s careful layering of reason to support his sales pitch.

The bottom line is that:

A)  The economy positively cannot rebound –no matter what government and mega-corporations do– until new small businesses begin to create new jobs.

B)  This is simply not going to happen with Mr. Obama in the White House because Mr. Obama has proven he is NOT a Democrat. He has proven, in fact, to be a Socialist who doesn’t believe in or accept the world of small business and free enterprise competition that built America (and the Democratic Party, I might add) to begin with. 

C)  It really makes no difference what big business and government try to accomplish if it’s without the support of small business.

(And, it’s here that Mr. Advisor goes astray. He seems –not unlike Messrs Obama and Biden– to forget and discount that there are 30 MILLION small business owners in the United States! But perhaps these are not prospective investors for Mr. Advisor?)

My point here is that Mr. Advisor is correct about the need for Americans to stay focused on the here and now, and not worry about what hasn’t come yet and may never come, and the unhealthiness of dwelling on the past that’s over and cannot be changed anyway.

These are mentally and emotionally sound ways to be thinking, but they are not portals to prudent investing. Neither are they any cause for a rebounding economy.

The economy is NOT turning around. Ask any of the 30 million small business owners out there. The economy is NOT rebounding because small business owners have no reason to trust a government that seeks to undermine, over-regulate and over-tax at every turn.

The issue, Mr. Advisor, is TRUST, and the fact is that this White House has failed to inspire any confidence or reason to believe. And as you surely know, Mr. Advisor, credibility is what drives market growth.

Why should small businesses create new jobs and then get slammed with major new taxes and regulations that end up costing them even more than a no-new-jobs economy is costing? Because Obama says that that won’t happen? HA! November 6, 2012. Be there.    

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Hal@Businessworks.US  302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

Make today a GREAT day for someone!

 A LIVE CASE

OF LOST SALES

A major global service provider recently sent me a direct mail piece offering a $50 gift card for a retailer I frequent if I sign up for their online demo. Hey, this is a win-win-win, I said to myself. I like the service provider company and imagine doing business with them on behalf of some of my clients. I’m interested in their updated information.

The mailing piece suggested I reply by mail OR by phone or email. I called. The rep at first acted skeptical that I was a legitimate prospect (I don’t think I sounded like a freeloader!), but I convinced him otherwise and he proceeded to put my contact info in for the gift card and schedule a demo for me.

A few days later, I sat in on the demo and Q&A,

Three weeks passed, and a follow-up call from the rep prompted me to ask if, btw, there was some problem or delay with getting the gift card. He said he “had no control of the gift card delivery once the contact data was entered, but it shouldn’t be longer than 30 days fulfillment period.”

Another month later, after an additional follow-up phone message and two follow-up emails — and no gift card!–  I politely asked once more by email reply, underscoring my legitimate interest in doing business, about the $50 card. His response was that those cards were only for people who sat in on the demo, and did I still have the mailing piece.

As luck would have it, I did have the mailing piece in a file folder (along with 12 pages of the company’s service descriptions that I downloaded to share with clients) and emailed him with the mailing piece code number and the exact date of the demo, which I had jotted on the file. I politely asked again for the gift card.

I added the comment that “given the circumstances of not delivering on a promo promise– I am not feeling very confident in your company’s services.”

His response: “I did put in the request. I apologize for it taking longer than expected. But what does a promo gift card have to do with using our services? Don’t let a gift card get in the way of what we can offer your clients. (boldfacing mine)”

 Ah, but it   

DOES get in the way.

In fact, on the “Don’t” list —

Don’t Promise What You Can’t Deliver!

[Keep in mind that I never questioned legitimacy, or entertained any doubt about this company prior to this failure to honor a promotional deal — and the attitude that accompanied it.] 

The experience made me wonder how many others were deceived. I wonder if the company provides all the services it claims to provide. I wonder if the company thinks so little about $50, what its attitude would be about an invoice discrepancy with one of my clients (or whether they would pad their bill).

The experience made me wonder how true their performance is and whether any of their performance documentation is fudged (there would be very little way to know without hiring a detective). The services they deliver are not always tangible or identifiable. Neither do they always produce accountable results.

Does it strike you as odd that a business (with sales far beyond a hundred million dollars) whose performance is entrenched in trustworthiness, and in the interest of protecting their brand integrity, would balk at making good as promised on a $50 gift card promotional incentive? 

Do you see shreds of bad customer service here?

Or is it just me? 

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Hal@Businessworks.US    302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

Lions and Tigers and Bears, 

and Clients and Patients

and Customers Too!

Lions and Tigers and Bears, Oh My! As different as each creature may be from one another, all are considered equally dangerous, equally entrancing to watch, equally exciting to find in one’s camera lens, equally cuddly, equally threatening, equally enthralling. In other words, sometimes they can all fit the same category.

As marketing targets, it’s often all for one and one for all. Professional practices (doctors, lawyers, accountants, management consultants and trainers) are small businesses with special skills and special interests. They have clients and patients. But clients and patients are customers too. They just have special needs.

All this specialization stuff, however, makes little if any difference in marketing plans, targets, approaches, strategies, or branding programs. Perceived differences matter only to professional practice principals. No one else cares. The bottom line is that we each spend our money to get a product or service.

And each of us wants to know:

“What’s in it for me?”

Whether a product or service is life-saving or life-threatening has nothing to do with whether a client or patient is considered a client or patient — or customer. All that matters is product or service performance, and the integrity and authenticity of the person(s) representing or standing behind the product or services purchased.

The issue, say some, revolves around the concept and delivery of “high trust” vs. “low-trust.” Marketing people will be quick to recite the five criteria of effective programs, campaigns, and messages. Regardless of what name is used to define a target market (customers, clients, or patients), marketing must:

1)  Attract Attention

2)  Create Interest

3)  Stimulate Desire

4)  Bring About Action

5)  Provide Satisfaction

. . . and it really must do ALL of these to be effective.

On top of that, the rule of thumb applies to ALL FORMS of marketing — print, broadcast and outdoor advertising; sales; public (industrial, professional and community) relations; promotion; merchandising; pricing; packaging; labeling; website content; social media content ; business and appointment cards; stationery and invoices.

It applies as well to direct mail, bumper stickers and building signage, plus a hundred other uses. It applies to branding themes, logos, and jingles as well as trade and professional show banners and exhibits.

When you want to know how your business or practice is coming across to others, ask. Measure people’s responses and each marketing implementation against the five criteria.

If you’re looking for prime examples of marketing that fails because it fails to deliver all five criteria, you need go no farther than your local hospital. Hospitals breed marketing mediocrity because they refuse to spend money on outsourced creative services and convince themselves they can handle it all in-house!

Most professional practices seem to think in similar terms. The problem is that their products and services are justifiably more expensive than the local coffee shop and must carry messages that appeal to a higher level of audience needs, but that doesn’t eliminate the need to trigger emotional buying motives.

Sophisticated products and services are not sold with dumb slogans or rational, logical appeals that push features instead of benefits. Humans are humans are humans. Market from the heart. Market benefits! Pay attention to corporate advertising for Mercedes Benz.

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Hal@Businessworks.US     931.854.0474

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

Make today a GREAT day for someone!

Success seldom surfaces

when creative service

providers are squashed

. . . or does it? 

Show me a writer or designer who thrives on being torturously pushed and prodded to stressful deadlines, and I’ll show you someone who is likely to be a do-nothing PR agent or brain-dead news media person, but don’t expect to find great advertisers, marketers or creative service people thrive in angst-ridden  pandemonium.

With rare exception, creative development work that’s “rushed” breeds mediocrity (and costs more, which makes the engager a double loser!). Truly remarkable talent, it is said by many, is born of free spirit, and ample time.

Do I know exceptions? Plenty. But exceptional creativity is the product of unconstrained imagination and self-discipline. The exceptions I know –ah, including myself (!)– coulda/shoulda/woulda produced more outstanding creations if they’d (we’d) not been pushed, prodded, intimidated, threatened, and time-pressured.

My best writing has surfaced during both

great duress and great relaxation. So

maybe the rule is an exception?

My national boo0k award effort was done at my leisure. Its underperforming predecessor took two years under pressing deadlines. My worst book was written under crushing due dates. My best book –now almost ready to market– was ten years on the drawing board. My best award-winning jingle was done in one all-nighter.

My worst ad campaign took six months to research and justify and another six months to finalize and launch. My national award-winning, record-sales marketing program took three months start to finish. I have a future award-winning children’s book series ready to launch after 40 years in hiding.

And only heaven knows how many hundreds of new business startups have benefited by my rushing attacks on their website content, news releases, packaging, media positioning, and strategic planning. Yet the most successful, sales-productive efforts I have made have come only with major investments of time.

The trouble is that upstart business owners want what they want when they want it and time is not a worthy commodity to offer when they’re sitting on a hot idea and investor dollars.

Neither patience nor perfectionism has ever been a trait of entrepreneurs.

Neither has analysis, which is typically the province of corporate muckity-mucks. 

Okay, so knocking this subject all over doesn’t settle the issue of business time pressures and the creative product. That, however, is the issue. Pushing and prodding and time-pressuring creative people may not always produce the best or most productive work, but it gets the job done.

Depending on circumstances and the marketplace and the economy (and who can depend on the economy?), a judgement must be made about whether you want to win awards or customers. Without a lot of room for awards on the walls of a crushing economy, the bottom line should be to insist on results, not pretty words and pictures.

Design awards only produce sales for designers. Copywriting awards only produce sales for copywriters. You can stop paying for your creative service providers to get more sales by putting some heat on their abilities to perform for you, the client.

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Hal@Businessworks.US     302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

Turning prospects

into customers

means leading

with your soul

. . . not your mouth.

Not a whole lot happening with accounts receivable, eh? Welcome to the cusp of The Great Obama Depression. As many business owners keep stumbling along, muttering to themselves that they’ll vote for the Aflac Duck if he can beat Obama (and, hey, who knows?), many others have given up wallowing in self-pity, in favor of enlightenment.

What exactly does this mean? There’s a new found awareness that prospects are not whipping out their wallets just because you tell them how great you are or how great they are, or just because you map out all the logical, rational features of your products and services.

People have not stopped buying with their emotions just because incompetent government, union thugs, and big corporations are heartless and have no clue about how to create real jobs, and really restore our economy.  

Every purchase

–including those that 

seem most rational–

is emotionally triggered.

It’s human nature to want to be sold, to want to have someone show you how what you want is what you need. But you can’t accomplish this with the words you say anywhere near as effectively as you can with the actiojns you take. As a writer, I hate to admit that, but words can only lead someone to your door. Actions make the sale.

What kinds of actions? Authentic ones. Sincere ones. Actions grounded in genuineness vs. sound bites and photo ops and slaps on the back. It’s called “leading with your soul” which means that when you effectively put yourself in your prospect’s shoes and see things from the prospect’s perspective, you are practicing empathy. Empathy sells.

Makes sense, doesn’t it?  When you buy something from a sales representative, odds are overwhelmingly in favor of you actually buying into the rep’s attitude. And, in fact, the more you keep hearing kiss-up statements, the less interested you become in purchasing, at least from that platitude attitude. Instead, you go down the street!

Who needs a salesperson filled with pandering, patronizing remarks and preoccupied with ticking off product or service features? You want someone to show you passion and conviction and authenticity.

You need only to have

an emotional buying motive

trigger pulled to justify your

wallet on the counter or

your pen on the dotted line.

So surely you don’t think you’re any different because you own or run a business? That’s exactly the point. You ARE no different. Everyone is unique, yet we are also all predictable when it comes to what happens psychologically when we make a purchase. Our egos get pumped up. Even a can of beans is an emotional purchase.

Emotional buying motives are ignited by exceptional and sincere service and by positive (and contagious) attitudes. So, how do you think you come across to prospects? When did you last ask one? Is your ego keeping you from learning more about yourself and what it takes to be enlightened and exuberant?

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Hal@Businessworks.US    302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

 If you’re not going to

marry your business,

don’t get engaged to it!

America’s abysmal unemployment situation has inadvertently spawned a burst of fledgling entrepreneurial enterprises. It’s been: “Outta work? So what. Who needs all that aggrevation anyway? I’ll start my own business.”

        ~~~~~~~

If you are caught up in this thinking, un-catch yourself! If you’re telling yourself you can start a little business and still work 9-5 with weekends, sick days, personal days, vacation, and holidays off, you might as well be living on Mars. I’m not saying don’t do it. I’m saying don’t be disillusioned from the start.

Business Ownership

is a marriage.

If you’re not willing to accept the fact that you and your new business venture are going to have to eat together, sleep together and get along with each other 24/7 for a number of years, don’t buy an engagement ring, get down on one knee and pop the question –OR plan the wedding and fantasize the honeymoon–  to start with!

Even if the bantered-around figures that claim 9 out of 10 businesses fail in the first 11 years (and don’t break even financially for 6 years) are only half right, consider your odds for success realistically.

Every new business idea  

is a great idea

before the doors open.

With a super unique product or service and a ton of investment money, with a brother-in-law accountant and an uncle lawyer and your spouse cheering from the sidelines, your chances for survival (nevermind success) are still practically non-existant if you are thin-skinned, hard-headed, inattentive or ungrateful, and that’s just for openers.

The attentiveness to detail, and to every single exchange with every single person every single day, plus the ultimate responsibility for paying every bill and returning every investment (plus a return ON every investment) that were none of your province or burden as an employee rest squarely on every business owner’s shoulders.

Spare yourself the agony of separation and divorce and probable bankruptcy if you’re thinking you can just gloss over or dismiss or delegate stuff and concentrate on sales or production or IT or some other aspect of your dream. The sad truth is that no successful entrepreneur can concentrate on any single aspect and make money.

Successful small business

owners and operators

concentrate on all of

what they’re doing

 . . . all of the time.

Operations, finance, sales and marketing, cashflow, legalities, IT, distribution, partnerships, collaborations, staffing, service,   innovation, creativity, leadership, suppliers, product and service knowledge, and industrial/professional/community relations are all equally important!

So, what was it that grandpa used to say? “Look before you leap!”??? If you’re intent on charging into your own business, do it with your eyes (and ears) open. Reality beats fantasy hands down. For better or for worse, for richer or poorer, in sickness and in health . . .

Of course if you’re not ready for marriage (or your hands are already full with the family you have), there’s nothing wrong with using your ambitions and skills to find another, and hopefully better, job than the one you’ve left behind that prompted you to think a business startup would be a piece of cake. It can be if you’re a baker!

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 Hal@Businessworks.US

Open Minds Open Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

When you think 

you’re communicating

just the right amount of 

information, you’re not!

How do I know? Because you are the boss. And the boss rarely if ever gets it right the first time because what the boss thinks is “too much” or “too little” information is not what employees think, but are often afraid to ask about or say so. And when it’s not what customers think, they won’t ask or say so either; they’ll just go somewhere else.

Okay, I know it’s making you crazy. So what does the blog post title ROTFLMBOAFOYCTBPSSOHLT mean? You should know, first of all, that this “message” actually appeared on the screen of a Fortune 500 company employee, sent by a departmental teammate. Even the recipient had no clue  

It stands for: Rolling On The Floor Laughing My Butt Off After Finding Out You Caught The Boss Playing Spider Solitaire On His LapTop. The acronym is obviously an example of a text messenger gone amok and, of course, far too little information to be understood.

Sending a convoluted message is

  like telling a joke that nobody gets.

Misunderstood verbal and written one-way messages have ended in disasters, explosions, shootings, robberies, suicides, addictions, bankruptcies, firings, lost confidence, and lost sales. Even when the message receiver has perfect hearing, perfect vision, three college degrees, twenty years of experience, and is sober, confusion happens.

You already know all the little rules about not assuming things. You’ve learned the hard way that communication can be either verbal and/or nonverbal and that both of these forms have many signals, styles, applications, modes, and inferences. You have a general sense of when you’ve said or written too much or too little.

BUT — the recipient of your communication is the only one whose sense of what’s too much or too little really counts. If a receiver on the football field cuts right instead of left and the quarterback launches a picture-perfect pass to the left, it doesn’t much matter how great the pass looked. Your message is all about the receiver.

The only insurance you have for being clearly understood is to check on what’s written or said or agreed-to with the receiver, to confirm delivery, to paraphrase statements, to request feedback. I just received an important piece of mail from three weeks ago, from a neighbor who’s been away for three weeks, who got my mail by mistake.

Horror stories run rampant through the halls of shipping, transportation, and delivery companies worldwide every day. Wrong addresses, wrong times, wrong account numbers, and on and on. Your small business cannot afford communication screw-ups. This doesn’t mean harping away and repeating things.

It means accepting the reality that others do not have the same ways of thinking as you, and that getting it right the first time will take you longer and be more work than you would like. YOU must take the responsibility to ensure that the messages people get from you are indeed the same ones you intend them to get. Work at it. It pays.

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Hal@Businessworks.US   931.854.0474

Open Minds Open Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

“That’s me! That’s 

just the way I am!”

Yup! and that’s also a choice — to avoid telling the truth or avoid offering an explanation that feels awkward. 

Do we hear this kind of excuse with regularity, or am I just imagining things? It almost doesn’t matter what the question is that triggers this response. Asking why a person did something, or failed to do something can be equally responsible for getting that shoulder-shrug, palms up answer. Because it’s an easier “out” than admitting an error.

Notice, btw, that the keyword that sets off these (“That’s me,” “That’s just the way I am,” “Hey, whadda I know?”) kinds of retorts is WHY?

“Why” is a terrible word for anyone except a scientist.

All it does is provoke excuses.

“Why were you late to work the last three days?” will get you “My car broke down” or “My dog has been throwing up a lot” or “I had to give my neighbor’s kid a ride to school this week.”

Entrepreneurs don’t spend their energy analyzing.

It wastes too much time.

Better to use “HOW?”

How? forces excuse-makers to deal with reality. It begs the question of process. What specific steps can be taken, in other words. “How can you avoid being late beginning tomorrow?” Effectively followed by: “Please give me a 3-point list of specific steps (HOW?) you will take to be on time/restore the dog’s health/leave earlier for school?” 

“That’s me. That’s just the way I am”

. . . is the classic response from those who are lazy, yes, but more telling than that: from those with low self-esteem. Today’s society is literally plagued with low self-esteem. Children are not taught that they are okay. Parents rarely reinforce what they believe is obvious. Employers have stopped back-patting.

And social media is nothing more than an avalanche of token compliments and empty promises.

Many have come to accept social media exchanges so readily that they convince themselves that their 14,000 Twitter Followers are actual friends, and that their Facebook Friends are far beyond acquaintanceship.

Self-esteem reality is being dwarfed by ego fantasy.

I find this trend disconcerting because I (and many psychologists) believe success in life and in business has more to do with a person’s sense of self-confidence than almost any other factor. Self-confidence is a by-product of self-esteem. When someone feels good about her or himself, he or she becomes confident in her or his pursuits.

Of course there are exceptions to the above, but generally speaking, the best thing we can do for our loved ones (especially for the malleable minds of our children and grandchildren), and for our employees and associates, is to plant and nurture as many seeds of esteem-building words and actions as possible, as often as possible.

The return on investment can be enormous, and there is nothing more self-satisfying you can give to others than your sincere compliments and encouragement. Try looking for opportunities to “accentuate the positive and eliminate the negative” (a song my father used to sing). The more it works, so will your business, and your life. 

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Hal@Businessworks.US 302.933.0116

Open Minds Open Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

Every entrepreneur falls

and needs to get back up.

 There’s no doubt about it . . .

If you haven’t failed at business,

you’ll never be successful.

Implicit in that bit of wisdom is that you must make a strong recovery after being knocked down. And that takes guts and gumption.

Though some upstarts and some do-nothings may get themselves fired and need to find new jobs, corporate employees know little of this “Comback Trail” pursuit, or what it takes. Government employees? Their heads fall off when they try to even think about reinventing themselves.

But entrepreneurs? That’s what small business is all about. It’s a calling. It’s the excitement and challenge of being successful –making a success of your idea– against the odds! In other words, for an entrepreneur, reinventing yourself and your idea and your business –the action– is a way of life.

Unfortunately, some corporate muckity-mucks and top-ranking government officials who see themselves as voter-mandated, or hand-picked by those who consider themselves voter-mandated are often in the way.

They block entrepreneurial efforts to get back into the free market competition fray by throwing up roadblocks to economic progress under the guise of social reform. I mean hey, remember we’re talking about the same political types who think they need only to change their appearances and messages to make comebacks.

Small business owners know better. They recognize that it takes more than a haircut and flamboyant (or –as long as we’re onto “flam”–  inflammatory) oratory. Business comebacks demand changes that are grounded in substance. Putting a blue spotlight on the outfit doesn’t make it a blue suit. Talk does not cook rice. 

It is more important, say some misguided politicians, to make the whole world wonderful for every living soul no matter how much that state of bliss is earned or not earned, than to encourage small business growth and job creation.

The problem is

that the economy is the problem,

and 

only small business job creation

can solve that problem,

and there’s not enough TRUST

in government to convince

small businesses to create jobs!

And, yes, that problem has to be solved before we can address other world needs from a position of strength.

The bottom line is that there’s nothing wrong with reinventing yourself and/or your business in order to get back up off the floor and revitalize a staggering or TKO’d business venture. The world’s most successful entrepreneurs have all done that repeatedly.

What IS wrong is to make a half-hearted effort at it, or an intentionally deceptive or manipulative one. You’ll never “dance with the stars” or get back up on your feet if you’re wearing cement shoes (an old Mafia saying). To put yourself on the comeback trail, focus your energy on the here-and-now present moment, not the finish line.

A map is useful, but always be prepared for detours. And never give up your ideas, your pursuits of them, or your sense of integrity. The trail you seek is just around the corner. It will all work if you will. 

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Hal@Businessworks.US   302.933.0116

Open Minds Open Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!