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Driving Your Day-to-Day Business…Day-to-Day

September 23, 2009

When your business has hit a wall and you don’t know how to move forward, try these 10 tips to get things going again and get back into the game.

1. Get back to the basics.

What steps did you take to initially drive your business? Was it forums or one-on-one face time with a specific group of people. Maybe it was making yourself available to a local group for advice on how to do “insert business here” right. Whatever it was, get back into it because that was what initially drove your business and chances are it also initially drove you.

2. Blogging and Article Writing.

Get your name out there by starting a business related blog or getting an article syndicated. These devices, if used correctly, can make you known as an expert in your field and will allow you to possible gain a deeper knowledge about the business that you’re on.

These days articles and blogs are where everyone goes for information so make your insight known. (Tip: Stick with what you know. The more you understand what you’re talking about the better it will flow). You can also use these articles for link building.

3. Seek out speaking opportunities.

You want to make yourself known and make your voice heard. What better way than to speak? There are opportunities everywhere from your local networking groups to industry seminars looking for people qualified in their field. Not only is it a great way to open yourself to a broader cliente base but if you are good at it it may become a source of supplemental income.

4. Participate in relevant social media.

Whether it is YouTube, LinkedIn, Facebook, Twitter, etc make certain that you are involved in any source of relevant social media available to you. However, don’t go overboard. Don’t join sites that don’t pertain to you or won’t grow your business. For instance, do not try to get on YouTube if your ideas do not easily translate easily to video. Target sites where your target demographic will find you and where you are able to create and sustain strong relationships.

5. Post topics and discussions.

Referencing tip #4. If you are a member of a forum or part of any other social media (which we all are these days) become active. Post topics and discussions about information that you know. It may seem like free advice now but if you portray yourself as an expert you will end up with interested parties looking to learn more. And potential clients.

6. Expand and detract.

Take an in-depth and thorough look at the products or services that you provide. Are there products/ services that you could be providing, without too high of a cost margin, that you aren’t providing? Make these available and you will reach a larger base. On the flipside: are you trying to offer services that are out of your means, too high in cost or detracting from other areas of business? Cut those out. Focus on what you can do, make the most out of it and leave the rest.

7. Focus on current clients.

A lot of times, particularly when starting a business but later on as well, you focus so hard on building your clientele you lose track of (and simply lose) those you already have. Focus on making your current clients satisfied customers and that will often lead to add-on sales, referrals and repeat business which is what you were looking for in the first place. If people aren’t satisfied they will make it known and that will make it nearly impossible to build future business.

8. Networking.

Focus on networking. Building strong relationships is key to any successful business. Whether it is via social media, as discussed earlier, or through face-to-face networking groups make sure you are meeting new people and making new connections. Check out great resources like www.MeetUp.com and your local chamber of commerce for networking opportunities.

9. To-do lists.

We all make to-do lists but do we ever follow them? If you do, great! You can skip to the next step but for the rest of us follow this simple advice: Make two to-do lists. Create one semi long term list outlining all of things that you need to accomplish over a set period of time. This is great for multi-step projects and continuous routines. Then, make an easy, manageable daily list that breaks down your needs by day. This will leave you feeling less overwhelmed but still conscious of all of your short and long term goals. Daily and long term to-do lists keep your mind clear and make you more successful in navigating your business.

10. Go 100% everyday…but be patient.

There is a point (or several points) in every business when you want to give up because things aren’t going your way. That’s life. You need to give it your all throughout the entire process. To some that may mean working 50 hours a week at your day job and going home and working 80 hours at your business and feeling like you’re not getting results. Be patient because things aren’t just going to come but if you don’t give up on your business, it won’t give up on you.

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Tips for Running an Online Business

May 19, 2009

Starting an online business is both fun and affordable, which may attribute to its growing popularity. Entrepreneurs believe that the simplicity of starting an online business will inevitably lead to success. Unfortunately, this is not the case. As with everything in life, a lot of time and planning goes into establishing a successful online business. It goes much further than the “Start-up” point. Many entrepreneurs do not put the much needed time into perfecting their online business. So what’s the secret? Here are the top 5 tips to keep your online business afloat.

1. Promotion, Promotion, Promotion. The entrepreneur who believes he/she can start up an online business and find visitors suddenly appear is sadly mistaken. You need to let the public know your business is up and running, waiting to serve the masses. You can do this by:

  • Pay-per-click Advertising
  • Using cookies
  • Create a business blog
  • Search Engine Optimization

These are just a few ways to get your online business in the mainstream. Keep in mind that while there are ways to promote your business, there are ways to not promote your business. If you promote your online business improperly, you’re back at square one.

2. Constantly Update. Make sure your content is always updated, then show your visitors that your site has been recently updated in a discreet spot on the Web page. By doing this, you’re giving loyal visitors a reason to come back.

3. Harness Content Originality. The content on your Web site is important, no matter what anyone tells you. Copy and pasting words from another Web site, and then re-wording them to your liking lacks in both ethics and originality. The phrase “It’s just content”, is just stupid. If your visitors are coming to your Web site, it’s most likely due to dissatisfaction with what they’ve seen from other Web sites. So why steal poor work when you can come up with something good?

4. Future Planning. It’s important to plan where your business will be 5 years from now. 10 years from now. Even 20 years. Set goals and attempt to accomplish them. If you don’t accomplish them, change things up. Perfecting your Web sites’ flaws will ensure improvement. Take things week by week, month by month. In no time, you’ll have a successful online business celebrating 25 years of unbeatable service!

5. Don’t be Stingy–Invest. Many people fail to realize that they have to give money to get money when it comes to business. It’s not to say that you should invest your Life Saving’s into your online business, but invest as much as you can at the time.

Remember, success comes with strategy. Strategy brings success. If you create a seal proof strategy for your online business today, you’re sure to see good things tomorrow.

 

For more tips and advice visit www.ranksintl.com

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Benefits of Networking

May 19, 2009

When it comes to networking, the first thing entrepreneurs should know is that networking is a valuable entity in every business. Whether it be an established business with an annual revenue of  $5 million, or a business in its infancy, networking is beneficial for all. You have a multitude of options in terms of networking. You can:

  • Meet New People. Networking creates close contacts. Close contacts create distant contacts; distant contacts create seemingly disaffiliated contacts; and each contact brings business to your business.
  • Gain Knowledge. Not only does networking connect people with new people, but ideas with new ideas. Naturally, the more people you know, the more information you will acquire. With information comes innovation. The quickest and easiest way to gain knowledge is not through books or through school…it’s through networking.
  • Benchmark. Through networking, entrepreneurs can find the standard bar of excellence and set it higher. For example; if the best business offers quality, have your business offer quality and efficiency. Networking allows you to improve your business by finding the accomplishments, and even incompetence, in other businesses. From there, you can build a plan that will exceed what works, and correct what has failed to work.

The art of Networking
The second most important thing entrepreneurs need to know is that, when it comes to introductions, you are not selling goods or services. You are selling yourself. As they saying goes, “A little kindness goes a long way”. In networking, a little kindness goes to the bank.

For this reason, some entrepreneurs view networking to be more ruthless than meeting new people and establishing business contacts. Some believe that, unless done right, networking may not have any benefits. That’s why it’s important to remember that when you go to networking seminars, or create contacts through online networking, during the first impression, you are forming friendships. Not alliances.

Like everything else, alliances take time. First, create amicable grounds, as this is the best way to meet new people. From there, reel the contacts in and then close the deal. Don’t attempt to reverse this mechanism. It will not work any other way.

Time Management

When starting a business, time may rarely seem to be on the entrepreneurs side. With so much that needs to get finished, you will often find yourself neglecting certain aspects of your business. Pretty soon, prioritizing will become imperative. Because of this, some businesses change the way they network to conform to their schedule. It’s important to know how to network, but have you ever examined the importance of where to network?

While seminars are important, as is online networking. Needless to say, both contribute to creating partnerships. What it boils down to is which facet will ensure the best partnerships. Look at it from a strategic point of view: while Myspace and Facebook are two worthy sources for networking, you may not be capable of networking on both. Decide which is best by examining the pros and cons of each source.

Myspace is a great place to make friendships, but is it business oriented? Facebook is also a great place to meet new people, but unlike Myspace, Business Profiles may be underway. Therefore, Facebook may be a smarter choice than Myspace. Or, should you choose an entirely business oriented avenue and become one of the millions to join LinkedIn?

Do you see how it works? The final decision should always be completely evaluated.

Networking Advantages

From above, you saw a fraction of what networking can offer. However, networking can do much more than what was previously stated. With networking comes:

  • Exposure. The chance to promote your business as well as yourself. Prove that you are there to offer a worthwhile frontier, not an unsuccessful cliche. 
  • Market Expansion. When networking, don’t limit yourself to finding potential consumers, as this will not lead to adequate progression. Often, through networking, businesses go across continents and overseas, becoming international. How is this? Entrepreneurs seek out partnerships that will improve their business, and give them a respected reputation. With a good business and a good reputation comes a great amount of consumer increase. 
  • “Business Support”. This can be conceived differently per person. Generally, the business support that comes from networking is the support given if times get rough for your business. If this happens, you, and your business, will have strong connections that can guide you through tough times. For this reason, and many more, it is important to establish a meaningful friendship and partnership with everyone you come across.  

In time, all entrepreneurs will find the secrets behind successful networking, which in turn will provide a few secrets behind building a successful business. When you hand someone your business card, always remember the old adage: It’s not what you know…it’s who you know.

For more tips and advice visit www.ranksintl.com