Tuesday, October 30, 2012

The One Secret You Need To Know To Market Any Product

There are some core ingredients to marketing your product and doing that successfully. A recent definition of marketing stated: Marketing is the process of communicating the value of a product or service to customers. Marketing might sometimes be interpreted as the art of selling products, but selling is only a small fraction of marketing. As the term "Marketing" may replace "Advertising" it is the overall strategy and function of promoting a product or service to the customer. What can you do that will help you in marketing your product?

If you research you'll find as many answers to this as there are available products. I specialize in helping women entrepreneurs avoid the learning vortex and take action. But sometimes as women in business we are not sure what action to take. When it comes to marketing there is a key ingredient one secret if you will: Communication.

Work on the first aspect of this definition

Communicating

Many us are expert communicators. However some of you may need some extra help. So here are a few things that you can do to become a better marketer.

Focus on some communication skills that will help clarify our message. These quick tips will help you become an amazing communicator which in turn will help you be an excellent marketer.

Listen

If all you do is speak you'll never hear what your clients needs, what they want, and how you can provide a solution to their problems. So in my slightly funny way I'm asking you to "Zip It"

Engage

Listen to a client, ask them valuable questions to help you define how your product is the perfect solution they need for their problem.

Be confident

Great communicators are confident. Uncertainty breeds inactivity. If you are unsure of your offer, or your product guess what? Your client will be unsure of their buying decision.

Be Clear

If you don't know what your offer is your client won't either. We've all made the mistake of not being crystal clear in what our brand or product is and how it can help. If we are not clear they again the client will be confused. A confused client will never become a client. So work on making your offer clear.

Smile

There is a lot happening in the world and in case you didn't notice and many are walking the earth like the Grinch in Dr Seuss. If you laugh and offer a smile it's contagious. That will make your client more at ease and enjoy doing business with you. Learn to smile.

Honesty

I hope I don't have to elaborate on this point. Be honest and sincere when you communicate it will do amazing things not only for your business but your soul. It's very important.


Friday, October 26, 2012

Owning Your Work Vs Working For Someone Else

People regularly talk about the idea of starting their own business to escape the doldrums of working for someone else. However, few attempt the idea and realize the actual differences between being an employee and being an entrepreneur.

Freedom vs. Contracted Servitude

The employee follows an age-old principle of a service to someone else in exchange for pay and benefits. As a result, the majority of people working trade at least half their life every day laboring for someone else. Our society is built on the pattern that a large group of people will provide labor for a few who then direct, charge and create those things that people want or need to life. This creates income which people then trade for food, shelter, transportation and wants. Aside from the concept of retirement, the average adult can expect to spend the majority of his grown life working for someone else as an employee to earning what he wants and needs for himself and family.

On the other hand, the entrepreneur works for himself, producing a product or service that others want to buy with their income, providing the entrepreneur revenue by which he can grow his business and live off as well. Unlike the worker, the entrepreneur has a freedom to control his own day, work, product and effort as long as his business remains successful. If it fails, he then either has to start a new business or convert to being a worker to have income to live off of. That said, where an entrepreneur is successful, most don't want to go back to being worker if they can help it at all, even if running a business means twice as much work.

Protection vs. Risk

Clearly the worker has a basic level of protection. As long as he performs adequately the worker will earn an income and enjoy benefits that pay for his health and possibly puts away money for his retirement. He won't get rich quick in most situations, but he will be able to earn enough to take care of his basic needs and to live off of. Being a worker involves low risk as the employee simply needs to have the correct skill set and availability to get hired.

On the other hand, the entrepreneur is going at life alone. He has no safety net to provide income to live off of if his efforts fail. While a successful business can be very rewarding and has made millionaires out of many people owning their own company, there are thousands more who have not been so lucky and barely eke out a livable profit month to month. So the entrepreneur side has much larger reward potential as well as personal risk.

Conclusion

Being an entrepreneur is not for everyone, which is why so many people prefer to be employees. Being a worker is easier; there's less to worry about and take care of. That said, in exchange for less worry an employee also gives up control and creativity. For some this is a fine trade, but for those who strive to create and do more, being an entrepreneur is far more enticing and fulfilling, especially in terms of living one's life to the fullest.

The Author, Founder and Creator of Waiternomics - The 7 Steps To Escape The Employee Trap-Forever.

Wednesday, October 17, 2012

Thing You Need to Know to Start a New Business

As the title says, this article is to discuss the things needed to start a business. If you want to start your own business, you need to know and analyze many things.

First thing is the reason behind your decision to start a business. Some possibilities are as below:

• You are a graduate and are unable to find a suitable job for you in the industry.

• You do not want to work under someone else so want to start your own business.

• You are willing to make a career in business industry as an entrepreneur.

• You want to be your own boss (freedom of work)

There are many other possible reasons. You must know the reason of your decision so that you have a certain aim.

Second thing you need to know is how to take the start. If you are new to the industry, you may face some problems while doing the task. But if you are already working in the industry, things would be easier for you.

The thing you need to know is how to start with the task. Then, you will have to make a detailed step-by-step plan. As a starter, you will face several problems. Many things will be new for you. Since you do not have many contacts in the industry you will have to make some extra efforts to reach the people.

The possible difficulties you may face while starting a business are as below:

Finding a relevant Industry: This is the first step of starting a business and if you are not properly focused while choosing the industry, you may not get desired success in the business. You need to give some time to find the industry that is very much relevant to you and your interests.

How to Start: This is the second important thing. Suppose, you want to start a business in marketing industry, the question you will face is how to do that. For this, you have two options available. You can start a new business from scratch or can buy an existing business.

If you want to start a new business, you will have to arrange many things including finance, market for your product, audience, suppliers, employees, and a place to work, office supplies, and the most important the product that you will sell through your business. While if you choose to buy an existing business, you will get all these things along with the business, a ready-made product, an established market, customer, employees, suppliers, business plan, etc. So, choice is yours. Buying an existing business is the best option for a business start-up.

Wednesday, October 3, 2012

Why My Failure Was My Biggest Success

It started so well, 2012.

After months of planning, the end of March was going to decide it all. The Liquid Art Fair, Liquid Gallery's pet project, was due to launch on 31st March. At first I had worried whether artists would sign up to exhibit with us. Then I worried that people wouldn't come to see the show.

With something like an art fair, as with any event planned in London, adrenaline pumps until the very last moment. There's an internal sigh of relief when your first guest comes through the door, and the second

I needn't have worried - they just kept coming. Over 100 people crossed the threshold of the tiny gallery in Battersea, clamouring to see a range of eclectic art from a range of international artists. For most of the evening I was in a mixed state: delight, and shock. MP for Battersea Jane Ellison, who opened ths show said that Liquid were doing an amazing thing for the arts in London.

In my eyes, after months of hard work, we had finally arrived. I raised my glass to the future of the Liquid Art Fair programme, and the success of Liquid as a whole.

But then a very strange thing happened.

It started with an email from a close colleague I had come to regard as my business partner. This colleague had invested many hours into the business - plannning meetings, meeting colleagues, visiting venues and exhibitions with me.

Which was why I was surprised to receive an email one sunny morning in April in which this said person basically backed out of involvement in the Liquid Art Fair programme.

This was basically cutting me adrft, as I had relied on my colleague for technical support due to his extensive exhibition experience. He was a whizz with a hanging system, and now here he was, backing out of an arrangement which we had only discussed the week before.

Not only our own art fair programme: I had signed up and paid deposits on a number of third party art fairs. Now, without his assistance, I couldn't meet my obligations. Naturally, I lost money, as none of these third-party agencies refunded my deposits.

I emailed my colleague to find out what had brought on this sudden decision, but to this day, I never heard another word from him.

This wasn't the only thing that happened at this time. After a massive rush of interest in the Liquid Art Fair, applications died off. A combination of factors - the continually sinking economy, and the beginnings of an over-saturation of such events in the London art calendar.

For the June show, I had one applicant.

I had to think long and hard. It was now costing more to keep the business going, than we had ever made. After two years, I made the decision to close Liquid Gallery.

During this time, it became such that I had to drink long and hard as well. I began to empathise with those people you read about who commit suicide when their businesses end. You invest so much of your time, and so much of yourself - even though people tell you its not personal. I'm sorry - it is personal. Your business. It's as close to you as a child.

From April until September 2012, I lost my sense of purpose. It was such that it hardly seemed worth getting up in the morning. What difference was I going to make anyway? All I had ever wanted to do was help rising artists, and now I had been kicked in the teeth. I couldn't even write a poem anymore - nothing inspired me. Every day I tried to figure out where things had gone wrong.

The doctor told me she was worried about me. My husband was worried about me. I lost weight. I looked like everyone's idea of the 'before the makeover' photograph.

I came off Facebook - how could I face all those people who thought I was doing such great things. In the face of my failure, I hardly communicated with anyone in the outside world. What I thought I knew had disappeared - I felt so utterly alone.

I do believe I had a mini-breakdown during this time - I would sit on the sofa, staring into space for hours at a time. Other times, I would rave at my husband over the most banal of domestic errors. I was told, simply and without malice around the end of August, that I was becoming unbearable to live with.

I do also believe that this is where my recovery started. There's nothing like being told that you have turned into a screaming harridan to force you to get your backside into gear.

Realising how lonely and isolated I had actually become, in September, and for the first time in months, I logged back into Facebook. What I found there was amazing. I realised that I had a whole support network there, that had been there all along. The messages I received were warm, and supportive - like I'd never been away.

Slowly, my sense of purpose came back. Over dinner one evening, a close friend suggested that I not waste anything that was published in Nyne Magazine because people had really liked it.

Out of that came After Nyne, which is currently reaching thousands of hits a month.

I decided to resurrect my publishing house, Tempest, and started to take on work that was not my own. Again, I started to get that hunger to help, and influence as many people as possible.

Now things are going even better than they were before. Things are really starting to happen for After Nyne and Tempest - we have published Micheal O Coinn's debut poetry pamphlet, Five Words and Callie Carling's eBook Callie's Story has hit the bestseller list for Health books on Amazon.

Monday, October 1, 2012

Job Vs Business Owner

Why do we work and make that commitment day in and day out every single day, month after month, year after year giving 120% to a company who we work for? The answer is the majority of the time we do this is to provide for our families, and work week after week just to get by. Many people are working extremely hard with the reward of just getting by living paycheck to paycheck which is sad. We invest so much time into companies we don't own to provide for our families.

What is it that we enjoy about working for someone else? Is it the measly raises that we inquire every 6 months to a year? Is it the micro management we enjoy from someone in a "higher" position than us watching our every move even when going to the bathroom? Or is it the fact that you enjoy awaiting on another person to tell you based on their outlook on your performance if your ready to move up in the company? Which one is it? You decide!

Most people would argue that working a "JOB" is a security blanket. I'm here to tell you today that there is no such thing as a security blanket in today's economy. We cannot allow nor be accustom to allowing a company to determine our future and our families future based on the companies performance in the economy. I've heard a lot of individuals tell me "Well, I'm comfortable right now." That's the problem today. People get too comfortable and success is not built around being comfortable. Success is evolved around being uncomfortable and doing things most people don't do. That's how success is created.

I'm not saying quit your job. Still invest that 120% that you give at work at your "JOB". But what I am saying is to take action today so when that day comes when your boss comes to you and says " I'm sorry to inform you but unfortunately we have to let you go due to our profit last quarter not being where we needed it to be." Or even worse they cut you right before your retirement so they save tons of money. It sounds harsh, but it does happen. I strongly recommend you start investing time today into YOU, YOUR families future, and even more importantly reaching a level of success where you can help the families and people who actually need the help, and be not only blessed but a blessing through God's grace.

Quit making excuses and get started today! Invest in your future, so when that day comes when your Boss approaches you its not a tragedy, but a sign of relief knowing you planned in advance for your family's future!