Posts Tagged ‘303 blogs’

#303 Three Keys to Success (Part 3)

Wednesday, November 30th, 2011

Today we come to the final blog of the series of 303 blogs about small business actions to help you achieve greater success. The first was posted February 1st, now we are at the end of November. For those of you new to the series, I skipped January because a small business owner has a lot to get done in the first month of the year. And December is for reflecting, enjoying, spending time with family and planning for the future.

303-happy-business-peopleThe last key I’d like to leave you with is enjoyment. Once all the rest of the pieces are in place, from money to placement of furniture, from a great brochure to a great product, you are still going to work every day. Success is its own reward, but if you aren’t enjoying your days, I’m not sure you can call yourself successful. Money, number of customers, movement of product, staff spilling out the door are all normal measures. I believe that if you have a smile on your face when you start your morning and still wear that smile at close of day, you have achieved success by any measure.

The ACT: This last Act is to take a look in the mirror. Do you have a smile on your face? Ask that person in the mirror if he is having fun, enjoying the journey and the people he is sharing that journey with. Ask her if there’s a spring in her step as the day starts and an excitement in her voice when she talks about her business.

When you share your day’s events with any special person in your life, from a spouse to a close friend, does your face light up and you can’t wait to talk about the amazing responses that make each day special? Being in your own business can be a struggle but the joy will more than make up for any little problems. Delight in the freedom to make your own choices, bring a solution to other peoples’ problems and be in charge of your own future.

I grew up in an entrepreneurial family, I married an entrepreneur and I love having my own business. I hope these blogs help you enjoy your business as well.

I plan to put the blogs into EBook format in the next month. In the meantime, scroll through the archives – each blog is in its category, waiting for you to read and implement.

#302 The Three Keys to Success (Part 2)

Tuesday, November 29th, 2011

As we continue to wrap up the 303 Small Business Acts for success, the second key to being successful lies in your marketing. Once you have your cash flow clear, you can focus on your marketing efforts.

When you are a small business, you need to operate on a small business budget. When it comes to marketing, you need to concentrate on your niche market and send one clear message. You want your ideal client to know what makes you different from the competition. 302-stand-outThere is little point in duplicating the message, focus on the one reason a potential client will want to choose you over the rest.

The ACT: For your twenty minute action today, write out the one salient point you want to make about your business. Put yourself into a client’s viewpoint. What one problem can you solve, making it easy and doable for here, that no-one else in your locale is broadcasting. It can be the hours you are available, the style of your product, the easy location or your special experience.

Put that wonderful message out to your target market. It doesn’t need to go to the world, just to that select few who will make your business thrive. Word of mouth advertising is the cheapest and most effective advertising available. Make a core group of influential clients love your service and watch the referrals take off.

A focus on the key client in front of you will pay in referrals when she tells the rest of her world about you.

#301 The Three Keys to Success (Part 1)

Monday, November 28th, 2011

This is the first of the last three blogs in this series. I’ll still be blogging, but the Small Business Acts series finishes at #303. I decided the best way to wrap it up was with my three keys to success.

301-cash-rolled-upThe first key to getting your foot in the door of success is money management. In particular cash flow. If you don’t understand your cash flow, monitor it and manage it, you will find yourself squeaking through, making enough to stay afloat on the good days, scrambling to find enough money to pay the bills during tight times.

The ACT: Take 20 minutes to sit down with yourself and examine your attitude towards money. If you are reluctant to track your expenses, forecast your sales and plan your future income, you need to sit down with a professional and get some help. It’s up to you if you find financial or emotional help, but do find a way to get serious about your money.

Even if you have a part-time business, to achieve success you need to understand how money in a business works. It is different than personal money management, but a positive attitude and clear understanding on both levels will take you to a place where your business will fund your future dreams.

There are a lot of actions scattered through these blogs that will help you on your financial way and you can always purchase a copy of my book, The Healthy Business, and get the charts and explanations you need.

Financial freedom is based on a bedrock of financial know-how.

#300 Follow Through

Monday, November 28th, 2011

I’m writing Blog #300. It seemed like an easy project when I started writing these blogs last February 1st. Business act blogs for small business, what could be easier? 300-monkey-typingId fallen in love with writing and I’ve been entranced by everything small business for years. Putting the two together for my book had been fun, although a lot of work. I thought the blogs would be fun and easy.

But life has a way of giving us interesting lessons when we stretch ourselves outside our comfort zone. I had a few unexpected events this year, and my new book required a more extensive rewrite then I had expected. But I persevered and am now at #300. With only three left to go.

The ACT: For 20 minutes, reflect on a project that you took on this year. Did you follow through to completion, or did other things get in the way? Now is the time to ask if it’s important to finish the project or let it go. Did you make a commitment or allow yourself the freedom to finish or not?

There were several times in this process that I thought of stopping, of just putting out a message that there would be a change in the number or the end date. Instead, I gave myself the freedom to not have to post every day, just keep the blogs coming on a regular basis. I’d committed to 303, not to one every day. And at this point in time, I’m grateful that I pushed through the setbacks and continued. The last three will be fun.

What project are you going to finish this year?

#299 Looking Good

Monday, November 28th, 2011

When a potential customer meets you for the first time, you want to be looking prosperous, not desperate. This goes for all the extraneous bits of you, from your car to your workplace, from your business card to your website. 299-smart-business-suitWhen you don’t perform regular maintenance on these, you will start to look a little shabby.

The ACT: For 20 minutes, review one area where you might want to step it up a bit. Is your business suit shouting 1995 or your car looking like the last bath it has was two years ago? Maybe it’s an old business card you dug out of the back drawer because you haven’t ordered any new cards for two years – you’re still using up ones you got on a special. Trust me, scratching out an old phone number won’t impress anyone much.

Look the way you want others to see you, happy, prosperous and booming.

#297 Random Thoughts on Your Niche

Monday, November 28th, 2011

I know these topics have been discussed before, but when you are at Blog #297 there aren’t any brand new topics left. These are just a few wrap up thoughts as I wind to a close at #303. And knowing your niche is so critical there really can’t be too many words written on the subject.

Spending time and money to try and attract the wrong target is a huge waste of energy. Taking the time to know who you want to target before you start is a smart use of your energy. I was listening to a speaker last week who took the time to get analytical studies done of who was visiting her website. 297-group-of-womenShe thought her target market was large but the majority of visitors were women between the ages of 35 and 50. Her marketing will reflect that fact from now on.

The ACT: Take 20 minutes and check out your analysis of your ideal client. Have you done some homework on this subject? Check your Google analytics, send out a MonkeySurvey, make a few phone calls, research your industry on the Internet and pull the facts together.

Once you are confident you understand the demographics of your ideal customer, get a small group representative of that ideal and ask for feedback on your brochures, website and initial phone response. Are you presenting an image they find attractive? If not, where are you missing your chance to turn a potential to an actual customer?

Know your niche and you will find your niche market will want to know you.

#296 Smile and Feel Great

Monday, November 28th, 2011

We all know that walking into a company where people are smiling and happy to be at work, where we are greeted with a genuine smile and interest, makes us want to continue to do business there. On the other hand, a glum face and no buzz makes us want to leave and find another place to be.

Successful small business is a matter of attitude as well as having a good product and reasonable price. Marketing will get customers in the door, a great attitude will keep them there. When the economy is going through a rough patch there is even more reason to welcome all current and potential customers with enthusiasm.

The ACT: For 20 minutes, look at how you treat customers on that initial contact. I’ve said this before because it is a critical part of reception – we can hear smiles through the phone. 296-smile-on-telephoneWe want to deal with companies that are successful and make us feel good.

Enthusiasm is contagious – spread some around and see what wonderful results you will get.

#294 Money Talks

Friday, November 25th, 2011

This starts the final ten blogs in the 303 series. I had several themes in mind but finally decided to just share some thoughts that I have about small business in general. And the first is how important money is to a small business. A great idea for a business is where you start but having enough money to make it blossom is critical.

And when I say enough, I mean lots. 294-bags-of-moneyMost small business owners I’ve worked with over the years are underfunded from the beginning and struggle until retirement. There are exceptions but the most successful are the ones that start with funds to make it work. It’s always easier to make your second million once you have the first to seed growth and investment.

The ACT: Take 20 minutes to review your current cash position. Do you have enough money to grow and develop your business in a successful way? If not, spend the time and effort to uncover sources of cash investments. Banks are a good place to start, but they are a business, a very lucrative business, I might add, and they like to lend to companies who already have money. If you are doing well, now is the time to set up a good line of credit, ready if you ever need it.

If money is not abundant, look around at innovative ways to get some cash flow. There may be a family member who’d like to make an investment, a website you could build in your special area that will bring in ad revenue, an old oil painting in your basement that is worth thousands or shares you could sell in your idea that will bring in cash today.

Talk money with people and take every idea and suggestion with gratitude. You never know where your next investor may be found.

#293 Vacation Plans Part 2

Thursday, November 24th, 2011

This Sunday is time to continue your vacation planning, but this day is for looking at how you will handle your business while you are gone. Do you need to bring in extra staff, invest in a good cell phone and get reduced roaming charges or use email to handle your incoming calls?

The ACT: For 20 minutes, picture your business without you in the picture. 293-empty-deskDecide who will be the decision maker in your absence, who will be back up for any problems and how you will handle potential emergencies.

Take the time now to image some worst case scenarios and how they might be handled. What if there is a robbery while you are gone – are there clear procedures to follow? How about a demanding customer known to wait until the last minute to place an order? Let your imagination roam free, being prepared is the best way to be able to relax when you finally get into vacation mode.

You deserve a holiday but your business deserves some forethought before you leave.

#292 You Deserve a Vacation

Thursday, November 24th, 2011

We all deserve a holiday but as a small business owner, actually getting out the door can be a challenge. Put on your executive hat and plan ahead of time. Don’t wait until there is a lull and grab whatever destination is on sale that week. Part of the fun of a holiday is the anticipation, the drooling over choices of place and style.

The ACT: For 20 minutes, look at your 2012 calendar and block out a week for a holiday. Make it sometime after January, to give you time to explore ideas, prepare staff and set up a real holiday from work. Know that you might have to put in some extra time before you go and plan that as well. 292-vacation-plansYou want to be able to hop on a plane or into your car and head out without a worry to a destination that will be all you want in a great vacation.

Where you go is important – a good vacation takes planning.