Archive for the 'Reputation' Category

Oct 20 2011

BIZ ALPHABET SERIES…”G”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “G”…GRATITUDE

 

                             

How much is enough? How much is too much? I cannot recall a time or circumstance –ever– in my life when a sincere “Thank You” provoked trouble or, more importantly, failed to prompt a smile or increased cooperation or an enhanced reputation, or more courtesy in return. Can you? Think hard. Be honest. Thank you.

So, small business owners learn early on, by instinct, that every customer needs to be thanked with every purchase. But how often do we remember to offer thanks to our employees, partners, investors, referrers, suppliers, lenders, visiting sales reps, the cleaning and delivery people, outside consultants, the communities your business serve? 

Really. How often?Considering that sincere “Thank You’s” motivate people, if your answer to “How Often?” is a period of time any longer than a matter of hours, it’s not enough. 

Okay, so you always say “Thank You!” That’s great! CONGRATULATIONS! You are ahead of the pack. Now you need to ask yourself how sincere you are (REALLY!) when you offer your gratitude. Do you, in other words, look someone in the eye when you thank her or him? Do you shake hands or pat backs?

Or . . . do you just keep right on working, and keep your head down, like having to look up and smile and take 3 seconds out of your life is an inconvenient interruption? Do you keep talking on the phone or keep texting or emailing while tossing a half-hearted “Thanks” over your shoulder.

How do you feel

when others treat YOU

so nonchalantly?

                                                 

In the end, “G” for GRATITUDE comes back full circle to “A” for AUTHENTICITY because token expressions of appreciation mean that the actions or words that earned a “Thank You” were considered routine, not special, and worthy of just a tiny, off-the-cuff mention. (No, don’t go rush off the deep end with smothering hugs and kisses!)

There is much to be said for following “The Golden Rule” in business . . . of “doing unto others what you would want others to do unto you,” and there may be no better place to apply it than with each of those with whom you come into daily contact.

The more you offer sincere gratefulness — thanking others and meaning it — the greater the odds you will see positive responses be triggered. Why? Because of what you already know: what goes around comes around!

If you don’t already, try thanking the restaurant waitress AND  the water server AND the table clearer with as sincere a smile and expression of thanks as you would give an angel investor who walks in and plunks down a no-strings-attached $250,000 check as an investment in your business. Go ahead. Try it. What’s to lose?

People notice and people talk. And, not to motivate, but simply to be conscious of: You might be amazed at being remembered by the water server, who could turn out to be related to a partner or lender or top client. “Hey!” (they used to say in NY Lottery advertising) “Y’never know!”

Say it.

Mean it.

Say it again.

It can never be too much.

Thank you.    

                                                               
 

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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!

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Oct 19 2011

BIZ ALPHABET SERIES…”F”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “F”…FANTASYLAND


N O W  is

the only time.

The past is over.

It cannot be changed.

The future hasn’t come yet,

and may never arrive anyway.

~~~~~~~

 

Our “here-and-now” present moments are all we really have to work with, live in, enjoy, control, and make a difference with in our lives and in our businesses. They open the path to creativity . . . to creative personal, professional, and business development!

 

Using the past productively from our present-moment mindset can be rewarding and –in many cases– necessary. Recalling a pleasant experience, for example, can be physically relaxing, enjoyable, and neurologically soothing in our present moment, especially a present moment filled with extra stress.

Oh, and where would detectives and accountants, historians, scientists and lawyers be without being able to rely heavily on events and records of the past in their present life’s work?

BUT, when thinking about the past gets to a point of dwelling, those thoughts threaten our very well-being, and often impair the well-being of others around us. We can get ourselves (and our businesses) in trouble.

[Examples: the 50-year-old who constantly re-lives his high school championship game touchdown; the 60-year-old woman who recounts her childhood poverty or illnesses to everyone she meets; the family locked into day-to-day sadness over a child’s tragic death 15 years ago.]

Circumstances like those put us at risk; they block the road to mental, emotional, and physical health. We all go through bad times. Being able to be productive and rise above them is a measure of personal strength and courage.

It is always easier to escape to fantasyland,

but –realistically– not always wiser.

                                                                        

The trick is to stay “tuned-in” to where you are and what you’re doing at any given moment, as much as you possibly can, every minute and hour of the day. Your reading of the top of this post, for example, is already in the past!. And be aware that all of this applies equally to future stuff as well.

Just as dwelling unproductively on the past wastes time and energy, so too does worrying about the future. We all need to plan, but when plans turn to worry, we are also headed off to fantasyland. Creative professionals visit fantasyland intentionally for inspiration, but then return to reality to apply the fantasy experience.

Business owners can rarely afford that luxury –and risk– of getting lost in reveries, hopes, dreams, and wishes. Solution: Save up for a vacation and go somewhere that minimizes contact with reality. In other words, it’s a good thing to periodically get it out of your system. Then, when you get back: Get back, really!

Prolonged stays in fantasyland can earn prolonged stays in the loony bin, or the log-term wearing of a straight jacket, not to mention big-time bankruptcy of both your business and your brain. Happy reality!

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hal@businessworks.US

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——————-

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Entrepreneurship & Expansion Coaching    931.854.0474

Go for your goals, thanks for your visit, God Bless You!

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Oct 17 2011

BIZ ALPHABET SERIES… “D”

Welcome to the world’s first

BIZ ALPHABET SERIES of blog posts — 

 

“D”…DELEGATION

 

 Does it make a big difference if I tell you 

to do something . . . or ask you to do it?

~ ~ ~ ~ ~ ~ ~

                                                                        

Telling you what to do might work out fine in the military, or aboard a plane or boat, or operating heavy equipment . . . or if you’re a prisoner, a horse, or a Cocker Spaniel.

But, in business, unless you –the owner or manager– need to prompt cooperation with others to get a job done, the results you’ll trigger by giving directives cannot compare with the response you’ll get from making a request, which can be astonishing. And when was the last time you got great results from giving orders?

US President and General Dwight David Eisenhower taught his senior officers how to exercise leadership by pushing a tangle of string across a tabletop vs. taking one end and pulling it, which of course ended with the string in a straight line moving in a single direction, instead of a jumble going nowhere.

Yes, sincerity, genuineness, eye contact, backpats, your posture, tone of voice, and and smiles often make the difference. So does the reputation you carry for having integrity and authenticity — perhaps the two most important qualities an entrepreneur can have on the road to success.

And, interestingly, integrity and authenticity are ever too late to cultivate.

Well, okay, you know all that, but how far must you go with the “please” and “thank you” routine? Truth? You’ll never go far enough, and if it’s actually become “routine,” go back to your cave.

Here are a few treasured learnings I can share:

  • Even when we think we know, little do we ever really know about what life circumstances will bring, and where we’ll end up with our businesses in the years ahead.

  • I have seen discounted, dismissed, dissed and insulted employees turn up years later being the bosses of those who once humiliated and looked down on them.

  • I have seen long-term top customers walk away from businesses in an instant after learning about relatives (a son, in one case) who worked for the provider business, unbeknownst to the boss, who were routinely berated, chastised, scolded, yelled at and wrongly blamed for screw-ups.

  • I have personally watched businesses run by owners who were rude, constantly preoccupied, always angry, and routinely barking out orders . . . go down and under.

Do you –like the carpenter and heart surgeon– make a practice of measuring twice and cutting once? Do you think twice before speaking once?

Remember

you can delegate authority,

but you cannot delegate

responsibility.

Responsibility is yours alone.

When you ask peopleto get things done, asking nicely is not manipulation, it’s respect. Use words that inspire and that demonstrate your passion for your business: opportunity, challenge, reward, investment, courage, pride, workmanship, spirit, spunk, gumption (add your own) . . . the right words make your passion contagious.

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Hal@Businessworks.US    302.933.0911

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

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Oct 13 2011

BIZ ALPHABET SERIES…”B”

Welcome to the world’s first

BIZ ALPHABET SERIES of blog posts

 

“B”…BRANDING

 

 Besides that you’ll find tips galore by clicking here or on the “BRANDING” tab at the top of this blog’s homepage, here are some seldom discussed points you may want to review that can put a new light on the subject. Here you go:

~~~~~~~

 

BRANDING is rarely thought of by many business owners and, it seems, by most of the general public, as being what it really is. Branding is a composite of all things related to a business product, service, or idea (or a cause or individual), and those who represent these saleables. All things? All things.

If you’re a business owner, manager, operator, partner, investor, or entrepreneur, YOU are the brand as much as any product, service, idea or platform you offer.

Simply stated, your actions, inactions, initiatives, attitude, behavior, beliefs, decisions, appearances –the WAYS you treat others every day– are as integrally woven into the fabric of your brand as your logo, theme, slogan, color scheme, marketing message, and “packaging.”

Like it or not — as head honcho, you have created or are carrying forward a specific parental posture that is constantly being evaluated and looked to for setting examples, offering advice, citing experience, expressing empathy, and fostering every conceivable aspect of effective leadership.

The problem is that you probably never counted on having to be both mother and father to assistants, associates, work teams, employees, consultants, partners . . . and carry your personal life family role along with you in your travels.

So how can you bring your maternal or paternal (or both) leadership role up to snuff when you really don’t care about nurturing other people’s idiosyncrasies? Well, here;s the bad news: The responsibility comes with the territory.

You cannot run any business bigger than a one-man-band with any measure of sustained success without exercising both passion (for what you represent) and compassion (for those you’re in contact with each day).

Does this mean you need to be a shrink, therapist, counselor? No, but you do need to be the parent because the business is your baby!

No one else (other than perhaps a spouse who shares the same values as you) can ever do the same justice to your enterprise that you can. No one else can sell your business message as effectively as you. No one else (other than –again– a spouse, and of course any investors) really cares about your bottom line.

It’s your job to be the leader and show people the way to feel empowered and rewarded for doing quality work on your behalf. You must bridge the gap. You must lead by example. People will rally to your mission and vision when you pull instead of push, when you show sincerity and honesty in all your dealings.

 Others are always watching what you do,

and listening to what you say,

measuring your integrity.

                                                 

“All the world’s a stage,” said Shakespeare. Your spotlights are on and your curtain is up. Make the most of your business debut and all of your curtain-calls, along with every opportunity to polish your act. Have a great run!

                                        

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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!

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Oct 12 2011

BIZ ALPHABET SERIES…”A”

Welcome to the world’s first

BIZ ALPHABET SERIES of blog posts

                                  

“A”… AUTHENTICITY

 

 

Not to worry. The other “A” subjects have been adequately addressed already. You can put Attitude and Action and Advertising and Addiction into the Search window and find ample applicati0ns. I have dealt with “Authenticity,” but not with such appropriate substance! So, here you go:

AUTHENTICITY is not just acting authentically –genuinely, realistically– but actually BEING authentic. Not just occasionally or periodically, or just with certain people. Being authentic means all the time, with every encounter, every day, from opening your eyes on the pillow, to closing your eyes on your pillow.

BAH! That’s not possible, you might think. Who, after all, can be genuine every waking minute of every day? We’re humans, you might argue. We’re inherently manipulative, devious, off-putting. It’s not like turning a water faucet on and off.

 What’s your AQ?

(Authenticity Quotient . . . is there such a thing?

Who knows? But pretend there is.

Make it what you want to be and keep reading!)

                                            

Hey, points well taken. But there ARE opportunities for each of us to do better than what we do. Part of that is attached to visualizing the payoff, and recognizing that increasing our Authenticity Quotient from –for instance– 30% to, say, 50%, has most of all to do with recognizing and accepting that authentic behavior is a choice!

[And, like smiling when you don’t feel like it has been proven to actually make you feel better,behaving in more authentic ways can actually help you BE more authentic.]                                 

Whats the ROI? How about a more fulfilling life, a more productive and rewarding business, strengthened relationships, and a head-over-shoulders reputation for being upstanding? You need a bigger carrot on the stick, a bigger pot of gold at the end of the rainbow?

Does feeling better about yourself count?

Does  making a difference with your life count?

                                                                     

Ah, getting closer to your inner spirit and the heart of the matter?

Authenticity is seldom a birthright quality. It’s something we learn over years of observation, application of our gut instincts, and our interactions with others. So, start boosting your Authenticity Quotient by paying closer attention to saying what you mean and meaning what you say.

Ask those around you who you trust to tell you what animal or creature they associate most with you. And, VERY important to preserving your trust relationship, do not argue or rebuttal their responses. Take it in. Take it on the chin. Smile and thank each person you ask. Then start to process what you learn.

Do you get responses like Saint Bernard (perhaps because you’re always rescuing others?) or Shepard (because you’re always herding people together or team-building?), or how authentic do you think a snake or fox (or worm?) might suggest? Cats of every type and size are generally considered sneaky (and some, vicious).

Elephant could imply steadiness or dependability (or that you’re a Republican frontrunner). A donkey or mule could mean your stubbornness prevails. A new, eager-to-please puppy will be seen as more authentic than a snapping turtle, an alligator, a shark. You can imagine the rest.

Does this prove or disprove authenticity? Of course not, but it will give those who may be unsure about how them come accross to others, some clue about how they are perceived. And perceptions are facts! 

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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!

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Oct 11 2011

Don’t Wait ‘Til Christmas!

You’re thinkin’ maybe

                                 

2012 will be better?

 

                                                         

If you’re thinking 2012 will be better, and you’ve decided to wait until the new year to kick into gear, you lose! That’s like saying you’re gonna quit smoking (drinking, doing drugs, eating so much) for the new year.

What’s happened to “now”? The “new year”? In case you haven’t noticed, it’s not 2012 yet! Or, perhaps you’re planning to be sick  for Christmas so you can avoid another dysfunctional family gathering?

Maybe you’re a big White House fan and figure –since 2009, 2010, and 2011 have’nt exactly been big economic rebound years– that 2012 will be Obama’s year of small business enlightenment? Don’t hold your breath. He’s proven he prefers union-vote paybacks and government splurging over championing the entrepreneurial spirit that built America.  

He prefers sharing the money you work hard for with those who choose their flat screen TVs and living room sofas over legitimate employment. Hey– free food, free medical care, free education, free cash– who can fault them? Ain’t Socialism wonderful?

So if you’ve worked hard all your life and earn a respectable living, pay your bills, give to charity, and are struggling to make ends meet with your business, don’t expect any sudden shifts in allegiance or respect or support from those in control. You’re just one of 30 million.

Here’s the bottom line:

Your Fairy Godmother

is not on the way.

Yes, the treuth hurts. Sorry about that.

Just in case you were keeping a low profile in your business with the hope and expectations that a more super-sized, more charged-up environment and marketplace is on the way, smack yourself along side the head, take a long hard look in the mirror and measure yourself up against these 5 steps

 . . . 5 things you need to do:

1.  Something instead of nothing. (In business and personal development, some action always beats no action!)

2.  Stop choosing excuses because you’re lazy. Waiting until the new year (or Christmas!) to jumpstart your sluggish enterprise is an excuse. Surprise yourself . . . start tonight or first thing tomorrow morning.

3.  Stop telling all those who work with you (employees, partners, family members, investors, referrers, suppliers, community members) about all the great promise “in store” for next year. Instead step it up now. Now.

4.  Put away the fantasyland thinking that you’ve used to convince yourself that you have time because nthere’s all the rest of October, and all of November and December to plan and get ready for some 2012 launches.

5.  Realize that even with –prayfully– a new administration in Washington to be elected on November 6, 2012, it won’t have any authority until January 2013. And it will likely take another 2-3 years to UN-do the mess Mr. O has put us all in. If your business is hurting now, it won’t survive another year or two, or three, of empty promises.

                                                                     

You really CAN walk the talk, you know. You’ve done it to get this far. It’s all a matter of choice. If you think it’s too hard, it will be. THAT is a choice as well. Choose to make it easy. Choose to make your business work NOW, and imagine how great it will be when we have national leadership that appreciates and respects small business!

~~~~~~~

Footnote: If you think this is a “lecture,” you are either too far gone to see the value of what’s represented, and probably shouldn’t be surfing blogs looking for inspiration that you won’t follow through with anyway, OR you have needed a good swift kick in the butt . . . I hope this served the purpose. Remember what your grandpa (and Thomas Jefferson) said about not putting off ’til tomorrow what you can do today?                               

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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!

One response so far

Oct 06 2011

Honoring Promotional Incentives

 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!

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Oct 05 2011

Professional Practice Marketing

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!

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Oct 03 2011

Platitude Attitude?

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!

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Oct 03 2011

For better or worse, richer or poorer

 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!

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