Tag: small business

Cash flow, creativity, and compassion are not mutually exclusive™

12 things you will never regret saying in business

Posted on by Red Slice

We all have had that moment when our mouth moves 3 milliseconds faster than our brain. Often, the heart has bypassed the brain’s filter completely and as you say something, you can almost literally see the words flying out of your mouth in slow motion but can’t stop them and stuff them back in.

As a fiesty redhead, this has happened to me way more times than I care to admit. With age and experience, I can honestly say it’s getting better. But tell that to the sassy 8 year-old who walked out of a TV commercial audition for a new snack cracker only to exclaim loudly to my brother, “God, those were soooooooooo gross!” – with the casting agent and client walking right behind me sporting  nervous smiles and shocked expressions. Yeah, not one of my finer. more tactful moments.

But I came to a realization in recent years that there are just some things you will never regret saying in business. You will never want to take them back and, however uncomfortable it may feel at the time to say some of these things, the regret would be in not saying them:

  1. You’re right. This seems like a great idea and offer. Let me think it over before giving you my answer, ok?
  2. I adore working with you, too! Let’s just make this official and put it in writing, so I’m sure I can deliver exactly what you’re expecting and we’re on the same page.  Protects you and me.
  3. I’m sorry. How can I make it right?
  4. That’s a really good way for us to go. Or, another option we may want to consider is….
  5. It would help me serve you better and ensure I’m delivering on my end if you overcommunicate rather than undercommunicate. I don’t mind multiple emails or calls if it means we can be successful.
  6. Let’s set up a weekly status call for this project. Sometimes, voice is easier than going back and forth on email.
  7. I would love to help you with this project but I am just too overcommitted right now and would not be able to give it the attention and care it deserves. Here are 3 other people who may be able to help you out.
  8. Please
  9. Thank you
  10. You’re welcome
  11. How can I support you in your efforts?
  12. Great job!

Photo credit: dno1967b on Flickr

Want even less regrets? If you’re in Seattle on April 23, please join me for a special workshop with the Puget Sound Business Journal: Building a Buzz-worthy Brand on Any Budget, 9-11 am. Click here for details (hurry, space is limited!)

Your turn: I know you’re dying to share your own bit of hard-earned wisdom with us, so please tell us below what phrase you have never regretted saying when doing business.  Or is there a deadly phrase you have regretted saying that led to bad consequences? Please share in the Comments below!

Cash flow, creativity, and compassion are not mutually exclusive™

The upside of making mistakes….no, really, there is one

Posted on by Red Slice

Today, a wonderful post from the vivacious Lynn Baldwin-Rhoades, founder of Power Chicks, a networking community for heart-centered women entrepreneurs and rockstars. I loved the lessons in this post so much, I asked her if we could share it. Enjoy!

Mistakes hurt.

Make one, and you get that yucky pit in your stomach. Often, it comes with a smack upside the noggin and a super-sized side of self-doubt.

Weird thing, though. Let those ouchy errors teach you and, amazingly, glitches become guidance. (Tweet this!)

Example:

When I expanded Power Chicks from a grassroots group to a business, I hired a consulting company to help me create a profit plan. Theirs was a “we decide the business model, you implement it” approach rather than a collaborative venture pairing their experience with my style.

This match unfortunately (yet logically) mirrored one of my crabbiest, most persistent inner critic’s voice: Other people know what to do better than you do.

Suckered in by Crabby Pants, I began to implement a business plan heaped with hard work, void of what felt easy and good (i.e., my natural talents and skills) and exhausting albeit in an exhilarating way. Pain was gain in my quest for success and the millions of dollars I would soon be making.

After many months of this, I was tired. Really tired. Exhilaration was out. Exhaustion was in.

Without being guided by my own inner strength and intuition, I had lost my way. Not only was the direction for my business one that bored me to tears, I was miserable.

Flashback.

Before I became an entrepreneur, I commuted 3 hours a day to a Fortune 500 company housed in a building called The Tower where I was cloistered in a gray cubical with a beige computer surrounded by pallid yellow walls. (Whew.) I left to create a life I loved.

This was not it.

With angst over thousands of wasted dollars seemingly burned in a bonfire quenched only by buckets of tears (oh, the drama!), I ended the consulting relationship.  With it, I scraped a year’s worth of work.

It took two months of radical self-care and many conversations with colleagues to begin to heal. But with that time came a fresh perspective on what I needed my business to look like.

Sustainable. Wholeheartedly sustainable. That meant money-wise, yes, of course. But viable in a much holistic way: a business congruent with who I am as a powerful woman with my own unique gifts, talents and desires. A business congruent with my energy on all levels — emotionally, mentally, even soulfully. A business congruent with strengths arising from the core of my being.

BAM. What a relief!

I saw where I’d gone wrong — I’d neglected myself to build something based on external input rather than allowing own values and wisdom to support my direction.

Fast forward to today.

Since then, I’ve found mentors who value collaborative planning as I move toward financial sustainability. This is a process, for sure! Yet this pathway is vastly more effective than disconnecting from myself. And when I step out of what deeply matters? Thanks to a commitment to myself and trusted allies to whom I turn again and again, I find my way back to center.

When someone recently asked on Facebook, “How do you stay so completely wholehearted and authentic in business?” my answer came lickety-split.

By making a mistake. (Tweet this!)

 

Photo credit: Peter Lindberg, Flikr

Do you agree? What is one big (or small) mistake you’ve made with your business, book or project that taught you more than you could ever imagine? Please share in the Comments!

Cash flow, creativity, and compassion are not mutually exclusive™

4 powerful business lessons from James Bond and Skyfall

Posted on by Red Slice

James Bond…entrepreneurial guru?

I recently saw Skyfall,, the latest installment in the Bond franchise and it was incredible. Not normally a Bond fan, I loved Casino Royale, wiped the awful Quantum of Solace from my memory, but thoroughly enjoyed this latest turn. The characters were complex and flawed, the performances brilliant, the pace lively and Daniel Craig does wonders for an expensive suit. I left the theatre like I’d just gotten off a roller coaster. My husband – a native Scotsman – even dared admit, “I have to say that Daniel Craig can now be crowned the best Bond, even better than Connery.” Blasphemy! But very true.

That said, our favorite Secret Agent can also teach us some powerful business lessons. So strap on your Rolex submariner, put on your X-ray sunglasses and climb inside your tricked-out Aston Martin as we review Bond’s best advice:

  1. Stick to the basics: We’ve grown accustomed to Q loading Bond up with spectacular gadgets before each mission. In Skyfall, we watch with delight as Bond confronts his age by meeting the newest Q, a young techie hipster that wouldn’t look out of place at Apple’s Genius Bar.  One assumes Bond will get some sort of iPod mets Kinect device or some Google-developed driverless car. But no: Q simply hands Bond a Walther PPK, which is a small automatic pistol, and a  tiny tracking radio. Even Bond is surprised but it turns out that’s all he needs when in a pinch and Q mocks him by saying something like, “What? Were you expecting another exploding pen?” In our age of the next new shiny object coming out every 5 minutes, it’s easy for entrepreneurs and business owners to forget the basics and get lost in the glitz. But often, it’s the old, simple secrets that make the best weapons for your business success: building your brand strategy before throwing away money on tactics, delighting customers, collaborating in person over coffee, providing quality products/services, delivering what you promise.
  2. There’s always a way through: Many scenes in Skyfall leave viewers thinking, “Oh, he’ll never find a way out of this one!” And then, of course, Bond continues to chase the bad guy onto a moving train, escape an island run by a madman and outsmart an evil mastermind and all his henchmen with just his wits, resourcefulness and resolve. No matter how bleak it seems, no matter how much you think you’d stop running or surrender, Bond shows us that ingenuity can help you see every problem in a fresh way. If you are facing business challenges, step back and look at the issue from another angle. If sales are down, should you offer a new product or service, or adjust your prices? If no one is reading your blog, can you clarify your brand value or find other avenues to promote each post? If prospects don’t know who you are, can you partner with someone else for more exposure? There’s a million ways to look at a problem and a million levers you can pull before you throw in the towel.
  3. Stay calm under pressure: There’s an awesomely sexy scene in Skyfall where Bond crashes into the passenger car of a speeding train. As the surprised onlookers gawk, he maintains his balance, straightens up, adjusts the cuffs on his impeccable suit and proceeds to walk through the train car calmly as he continues chasing his man. That’s grace under pressure.  When things hurtle out of control, customers demand attention and you are juggling 637 things at once, how do you respond? Do you handle everything calmly and get the job done, or do you freak out or run and hide? It’s up to you to tame the chaos and say no to things that prove distracting.
  4. Control the conversation: Towards the film’s climax, Bond realizes he’s constantly one step behind his nemesis. Bond is reacting to, rather than controlling, the conversation. He sets a trap and then lures the baddie to his turf where he can now proactively make the moves he wants to make and keep his enemy off-balance, rather than vice versa. Sometimes, in business, we react to the everyday fires and demands that others are making on us, rather than keeping our eye on the ball and charting a clear course to our mission. We end up slaves to a to-do list, rather than making time to achieve our long-term vision. We need boundaries: not checking email every second, or making sure people know we only return phone calls between 3 and 4 pm, or whatever system works for you. Get your strategy sorted first and work towards that before you let the seemingly urgent but ultimately less important demands on your time take over. Change the conversation to the one you want to have.

Any other business lessons that Bond (or other movie heroes) have taught you? Please share in the Comments below and get some link love back to your site!

Cash flow, creativity, and compassion are not mutually exclusive™

What is the You Economy? A chat with Tara Gentile (take the survey)

Posted on by Red Slice

Welcome to the You Economy. PS, if you’re a “creative entrepreneur” you’re already part of the movement.

At Red Slice, one of my values is that creativity and cash flow are not mutually exclusive. We’re seeing it all around us in the New Economy: people building brands based on a social mission; billionaires supporting philanthropy and profits at the same time – and thousands of small businesses and “solopreneurs” creating positive change, healthy businesses and meaningful lives.

Tara Gentile is a crusader in this mission – with a different slant. She’s a writer, speaker and business coach leading what she terms the You Economy. What does that mean? “I’m redefining the whole business paradigm as the exchange of commerce, experience, and meaning so that my clients can earn more while making their customers’ lives richer.”

See? Passion, profits and doing good can all co-exist. Tara is living proof: “I’m an aspiring theologian turned business thinker. I’m the daughter of a creative entrepreneur – though she didn’t realize it at the time – and the mother of a daughter I can’t imagine will be anything but!”

Tara’s the author of The Art of Earning – a guide to rewriting your personal money story for the New Economy.  And if you’re a small business or solopreneur, help her spread the word about the power of microbusiness by completing the $100 Million Microbusiness Survey.

RS: Tara, welcome! Please tell us about what your do for entrepreneurs and what you see as the biggest barrier to small business success.
TG: I enable people to discover what is really valuable about what they do. We most often get into business for ourselves but our self-interested motivations don’t cut it when it comes to really developing a business that works! It’s all about seeing things through the customer’s eyes. That takes some experimentation, insight, and confidence. It’s also takes getting out of your own head and into someone else’s.

The biggest barrier to success for small business owners is themselves! Business owners get so caught up in doing things “right” that they forget to do what works best for themselves and their customers. I find there is still an immense amount of fear in doing business, as well. Fear keeps you from clearing your schedule to work on your latest & greatest idea, it keeps you from trying something new to engage your customers in a new way, it keeps you from offering the product or service that will make your business go from surviving to thriving.

RS: What is the $100 million microbusiness survey and how did it come about? What do you hope to achieve or find out?
TG: The $100 Million Microbusiness Survey is an attempt to gather data on $100 million of economic activity by microbusiness owners. Because we tend to measure our business production in terms of “salaries” and not revenue that’s streaming into the economy, we sell ourselves short.
In 2009, 95.5% of US businesses were microbusinesses. In 2008, $265 BILLION of net income was achieved through sole proprietor businesses in the United States. In 2009, $837 BILLION worth of sales were generated by non-employer businesses in the United States. Yet, we know very little about these kind of businesses.

My goal with the survey is to better understand who these business owners are, what difficulties they face, and maybe – just maybe – how we can help them to achieve their dreams through media awareness & government policy.

RS: Great stuff! PS, everyone with a microbusiness reading this should take the survey now and let their voice be heard. In your opinion, what is the future of small business success in this country – or even worldwide? Any juicy trends or predictions to share?
TG: The future of business in the United States – and around the globe – is small business. More specifically, the future is microbusiness. My “juicy trend” might seem like a downer but really it’s quite optimistic: the jobs aren’t coming back. Our economic production will continue to grow through technology, not human resources. If we want people to be earning real money in fulfilling ways, we need to plug them into real businesses.

Those businesses may represent ways in which they would have been employed in the past (think freelancers earning more with greater flexibility) or they could be in new fields, serving people in new ways. Government needs to make it much easier for us to take agency over our livelihoods. We need health solutions that work, tax solutions that work, child care solutions that work, investment solutions that work.  And we need it now. We, the microbusiness owners, will pull us out of this downward spiral. We are the New Economy.

Connect with Tara Gentile on Twitter or Facebook. And please take and share the $100 Million Microbusiness Survey today.

Have you built a business that may not have existed 50 or even 25 years ago? Does your business enable flexibility and creativity in your own life? Please share in the Comments below!

Cash flow, creativity, and compassion are not mutually exclusive™

4 ways to jumpstart your business after a break

Posted on by Red Slice

New baby. Extended sabbatical. Major health crisis. Six months abroad…heck, years abroad.

People ebb and flow out of big businesses without a peep. But when you’re a business of one – or even five – who’s left steering the brand awareness ship while you go island hopping?

I had my major health crisis just 6 months after launching my own consulting business. You know what happened? Well, for one thing, time did not implode upon itself – everything that seemed urgent faded away, as it should. While I did miss a conference call the day after my brain aneurysm ruptured (I bet the client never thought they’d hear that excuse from my husband), the world did not end. But practically speaking, the blog went cold, the networking ceased and the cacophony of market noise enveloped my absence like a black hole. In the blink of an eye, my business profile faded.

So how is it that 4+ years later, my business is thriving more than it ever has? How is it that I had the best business year financially not long after I fell into the void?

If you have to take a voluntary – or unexpected – break from your business, here are four tips that served me well in cranking up the brand awareness engine again. These are also useful if you simply need to revive your personal brand after a long absence:

  1. Rev up your blogging: When you emerge from your cocoon, one of the few things you have in your control is the ability to add useful content to the world again. And besides, perhaps your client work is dried up for now so what else have you got to do? Build out a new editorial calendar and maybe amp up your blogging for the time being. Maybe you normally blog once a week, so increase that to twice. Make your content super useful, super sexy and super keyword-rich so you can back on the web radar again. Combine this with sending out a few Tweets and Facebook updates about your latest post and you can boost your exposure efforts.
  2. Jump into the online conversation: Again, you can control your content output, so leverage all those great new blog posts in online forums or communities like Biznik, Bzzhive or Focus – or whatever industry-specific places reign supreme for you. Start commenting on relevant blogs or articles on a consistent basis to raise your profile again. Just target 3 per day at about 30 minutes each day.  Or maybe pitch a few contributed articles to media outlets like American Express Open Forum or Entrepreneur.com for even more exposure and street cred.
  3. Invite key people to your welcome back party: When I returned from my hiatus, I reached out to several colleagues with phone calls or personalized emails letting them know where I’d been and that I was up to my old tricks again and ready for action. You may think people know what’s going on with you but really, they don’t. They are too busy. Reach out individually to trusted contacts via email or Linked In and take them out for coffee to let them know what business or clients you are looking for and kindly ask if they can spread the word for you. Don’t be afraid to ask “competitors” as well – they might be so busy that they are turning folks away so you can help them out, and maybe give them a referral fee in exchange. And always ask how you can help them in return. People are kinder than you think – and it’s a great way to reconnect.
  4. Get out there live and in person: Pick 2-3 key networking groups or clubs and start amping up your face time again. Attend lunches, happy hours, book signings. When I was returning to work after my health issues, this was quite a challenge for me as I was still recovering and suffering from massive fatigue – plus I could drive at the time. But I forced myself to try to go to one live event per week. And I asked gracious friends to drive me. They were only too happy to help, since they didn’t want to go alone either!

There are some people on the periphery of my professional circle who did not even realize I had been out of commission for six months – not sure if that’s good or bad! But it tells me I did a good job of trying to stay connected and present as much as I could.

When it is time to get back into things, have a plan, take action and you’ll rev things up in no time!

Cash flow, creativity, and compassion are not mutually exclusive™

Better get your “content on”: you must read this book!

Posted on by Red Slice

The rules of marketing have changed.

I am seeing more and more evidence that bigger companies do not get what small, strappy entrepreneurs have figured out. The way we need to reach, connect and attract customers has fundamentally changed.

Recently, I got to speak to two good friends who are both marketing execs at Silicon Valley tech companies. Their stories sounded identical. They have crafted plans that include a lot of awareness activity via social media, content creation, blogs, video, etc. And while some people get it, others still want them to do the “old” lead generation stuff”: events, email offers, etc.  And we’re talking about some of the most forward-thinking companies in the tech industry.

Marketing and branding is much more complex than it was even 5 years ago. The old ways of “generating leads for sales” do not cut it anymore. Now, you absolutely need to build a thought leadership and expert brand (especially if you are B2B). You need to have a viewpoint, a philosophy, a personality. You need to connect with the real human beings making the buying decision on a personal and conversational level. People are out there, doing research and searching the Web. You need more than just your home page to come up if you want to make your sales numbers.

A must-read for any business owner, entrepreneur, c-level exec or marketing professional is Content Rules How to Create Killer Blogs, Podcasts, Videos, eBooks and Webinars (& More) That Engage Customers and Ignite your Business (Ann Handley and CC Chapman): It’s a how-to book on how to create effective content through various media, such as podcasts, video, blogs, etc. But the reason I think execs and CEO’s need to read it is that they need to understand the new paradigm, which the book explains very well. They may not need the nuts and bolts of how to do do it (leave that to their marketing teams) but the book provides ample case studies (including a whole section on B2B) about how this strategy impacts long-term success and sales.

It used to be that a differentiated brand strategy was to promote yourself as an advocate, expert and though leader. Now, it is a brand imperative. If you want to create a relationship with customers long before they are ready to buy so that you are top of mind, you absolutely have to start marketing your business in this way.

Practically speaking, what does that mean? If you are a hair salon, it means you need to provide content on the latest styles, proper hair care, how to protect your hair from sand and sun in the summer, and which products are best for which hair type. You could create content around trends, celebs, do’s and don’ts and hairstyles for any occasion. If you are a business ;lawyer, you need to do what my lawyer (and client) Equinox Business Law is doing: Michelle provides a monthly business seminar on all sorts of topics: branding, succession planning, real estate – and then tags on the legal perspective in dealing with those issues. She also reuses such content in her monthly newsletter.

The book has tons of case studies and I highly recommend it. If you are not ready for this paradigm shift in the market, I don’t care what size company you are or what industry you’re in: you will get left behind.

Cash flow, creativity, and compassion are not mutually exclusive™

What the $%^&#! are you waiting for?

Posted on by Red Slice

I met someone the other day who told me she wanted to get into acting. So what did she do? She got involved behind the scenes instead. Her plan was that she’d “fall into” being used on-set and on-camera by understanding the behind-the-scenes operations. Luckily, one time she did get asked to be a stand-in on set (a pretty cool paying gig that helps you get used to being on camera and on-set).

Bless her heart. How comfortable to want the rewards without taking the risk. And how easy to put the risk of failure on someone else (“But no one ever noticed me back there!”)

If you want to act, act. Don’t just be an extra, don’t be a production assistant….take some damn acting classes,  get professional headshots and start auditioning for any and every role you can. If you want to start a jewelry line, start a jewelry line. Take a course, experiment with some designs, and see if you can start throwing living room parties or snag a booth at your local farmer’s market. If you want to launch your own consulting business, launch your own consulting business. Leverage the skills you’ve spent time, sweat and money developing, package them up into some irresistible offerings and just start networking.

Don’t say, “Well, I do this but one day I’d really like to (BLANK).” Start with “I’m a (BLANK) at heart, but I pay my bills doing X.” A big part of claiming your expertise is confidently embracing that you are something. Once you start leading with that, you’ll be surprised at the referrals or opportunities that can come your way.  I am a writer, an actress and a branding consultant. That is what I am. That is what is in my blood. Do I get the occasional, “Oh you’re an actress! Have I seen any of your work?” Sure I do. But my answer is, “Probably not. I do a lot of theatre and the occasional short film project” (like I did this past weekend). But you know what? I am in plays. I am in short films. Ergo, I ACT! Just because my face is not plastered across tabloids or I don’t have a multi-million dollar movie deal with Scorsese (how sweet would that be?!), I still act  Fame does not equate to doing the activity.  I’ve never been to the Olympics either – does that mean I’m not “really” a skier?

When I opened my brand consulting business, I had to consciously stop defining myself by what I was and start embracing who I had become. No more, “Well, I used to be a Silicon Valley marketing director but now I’m doing my own thing.” It became, “I am a branding consultant with almost 20 years experience with clients large and small.”

No one is going to cast/hire/buy jewelry from someone who is not really committed to it. Why would they spend their money on someone who is not really quite sure they can deliver? Confidence and moxie attracts.  You have the talent, the skills and the drive. If you don’t get out there and claim your space, who is going to do it for you?

Cash flow, creativity, and compassion are not mutually exclusive™

Want juicy brand advice? Check out this pretty book

Posted on by Red Slice

 

FinalBookCover

I think I need to write a book about the process of writing a book. What a ride! Branding Basics for Small Business can be preordered if you email preorder@norlightspress.com with your desired qty. All the juicy advice on building an irresistible brand you can stand – plus case studies & anecdotes galore. Here’s the delicious book cover – thank you to Bridget at TRAYcreative (@TRAYcreative for Twitter folk)

Cash flow, creativity, and compassion are not mutually exclusive™

C’mon baby, light my (entrepreneurial) fire

Posted on by Red Slice

How’s your cashflow and your mojo? Does your vision match your reality? Does your brand match your soul?

Danielle LaPorte can help you answer these tough but important questions so you can make your business dream a reality. I’ve loved her brazen and authentic style ever since we first met a few years ago on a client project. I’m thrilled to talk to her in today’s Ask the Expert about her new digital experience for entrepreneurs: The Fire Starter Sessions. As she says in her witty and wonderful way: “It’s an e-book meets video transmission of acumen and love.” Whether you’re in the early idea phase or a well-established rut, Danielle wants to light a fire under your….aspirations.

THE FIRE STARTER SESSIONS is: Worksheets that help you draw conclusions, quick videos with motivational punch, connections to current thinkers, practical smarts, and frank wisdom — THE FIRE STARTER SESSIONS is packed with inspiration that you will put to use. Danielle has worked with 462+ entrepreneurs in her 1-on-1 Fire Starter consults. For CEOs, coaches, artists, retailers, bestselling authors — from site design to big dreams — Danielle’s strategies combine passion with pragmatism to get to fulfillment and cash. And she’s also got nuggets from A-list marketing strategists, pro-bloggers, experts and creativity coaches.

RS: Hi Danielle. Tell us a bit about you and what White Hot Truth can do for business owners?

DL: I’m part strategist, part philosopher. Someone once said I’m a cross between Deepak Chopra and Janis Joplin. Kinda fits. I write about self realization, and I jam with entrepreneurs in my 1-on-1 "Fire Starter Sessions". And after working with hundreds of entrepreneurs to help them rock their careers, I decided to launch "The Fire Starter Sessions" as an online program.

RS: What is this deliciously explosive online experience all about and who is it meant for?

DL: If you’ve got the entrepreneurial spirit – this is for you. You: are likely sitting on an empire of content, product, services, and prosperity that needs a spark — or blow torch — to take you to the next level. You: want to rock your revenue streams and do meaningful things in the world.

RS:What one big mistake do you see entrepreneurs making over and over again that stymies their success?

DL: They take for granted how much they really have to offer. So many people are experts, tribe leaders, teachers – swimming in their own knowledge. A lot of what I do is about showing them the value and potential of their natural strengths and experience.

RS: The White Hot Truth brand is especially authentic and attractive. What intentional decisions did you make about your brand early on and can you give us an example or two of how you live it out in practice?

DL: "Especially authentic and attractive?" Why, thank you (insert batting eyelashes.) When I went solo to start White Hot Truth I vowed that I would never dummy down, I would never shrink from my spiritual or intellectual power, I would only put out material that I felt was useful. So far, so good.
Even though I’d been "blogging" for a long time, when I launched White Hot Truth it took me about three months to find my truest voice. I thought I might write about style…but, nope. Relationships… nada. I let myself feel what I really WANTED to talk about, not what I thought would sell. And that’s made all the difference to not only deepening my creativity and quality of work, but the quality of people who are shown up for it.
Passion has a way of doing that.

Details:

DIGITAL FIRE STARTER SESSIONS…a digital experience for people with the entrepreneurial spirit.

Pre-ordering opens April 7 with a special sneak peek chapter. Worldwide release is May 12. The program is $150, with $5 from every purchase going to The Acumen Fund or WomenforWomen.

WATCH THE VIDEO: Danielle sparking up The Fire.

Cash flow, creativity, and compassion are not mutually exclusive™

Brand building vs. random tactics

Posted on by Red Slice

Somedays, I feel like a salmon fighting my way upstream. No matter how many books are written, no matter how many posts Seth Godin writes, no matter how many times our own lives are touched by organizations doing it right…people still want to think brand is the same thing as a logo or advertising. They still ask me as a consultant or others like me, “Just tell me what marketing programs I should do to help me get more sales.”

I’m working on my book, Brand Basics for Small Business, and I’m trying to define brand and give smaller organizations a tool to craft their brand strategy so that they can then figure out where their audience is and what is the best way to reach them with the right brand message. The book is not about, “Do this and you’ll increase sales” because I can’t possibly know that for each reader and every company is different. But a reviewer suggested I sprinkle pithy tactical tips that don’t apply to all businesses. Sponsoring a county fair might work for a small local cupcake business, let’s say, but not for a small start-up tech company selling software to other businesses. We need to get rid of the stereotype that all small businesses are local and charming. Tech start-ups, consultancies, financial planners, manufacturers of ball bearings  – these can all be small businesses as well.  Small does not necessarily equate to “Main Street.” It just means they have way less employees, take in way less revenue and have way  less budget and resources than “enterprise” companies like Apple, Walmart, or GE

Anyone that tells you a blanket statement like, “All small businesses need to do (insert tactic) to be successful” is just lying to you. Your business has to figure out it’s own brand, mission, purpose, desired image and ideal audience first before you can figure out which tactics to pursue. I’ve talked about this before, but it seems the fallacy still lives. Too many of you are performing “random acts of marketing” and just praying something sticks as you throw money away, or you’re taking the advice of someone who gave that same advice to 6 other businesses that are completely different from yours. Strategy before tactics. Always. Don’t just sponsor a booth or start a Twitter account because someone told you to, or some other company did it. First, craft your brand strategy and make sure it makes sense for your goals and your audience.

Brand can be your guide. But you have to draw the map before you can start following any directions.