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Hub You - Seven Critical Mistakes Women Business Owners Make
How Packaging Can Transform An Industry .Some industries are keeping current with innovative packaging technologies better than others. Packaging innovation can move your business from a commodity driven product into a premium product category. Not only that, it can build sales and create its own unique niche with little or no competition. Entire new categories of product have been created around a single niche market that may not have existed a few years ago.Why are so many companies not paying attention to this? They rely on the old industry standbys or packaging campaigns that are "tired" and "trite." Businesses tend to stay with the tired campaign and then wonder why sales are in a slump, or at the best, a status quo. Competition is fierce in the retail environment The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you impleme Turbo Charge Your Career With The Most Powerful Leadership Tool Of All: The Leadership Talk: Part 1 Eighty-five percent (85%) of all new businesses fail within the first 5 years. Why? Because most entrepreneurs fail to plan, focus, delegate, and create systems. As a result, they suffer from overwhelm, fatigue, burn out, and lack of sustainable income.Leaders speak 15 to 20 times daily. You speak at meetings, you speak across their desks, you speak on the phone, you speak in e-mails, you speak at lunch, beside the water cooler, and on elevators, etc.It's in the interaction of those speaking encounters, multiplied daily, month in and month out, year in and year out, that you become a successful leader or not.If those encounters are defined by Leadership Talks instead of presentations/speeches, the effectiveness of your leadership will be dramatically increased, not only in your job but in your career.Here's why: There's a ladder of verbal persuasion. The lowest rungs (least effective)of which are presentations and speeches. Primarily, they communicate informati Over the past ten years, I have coached and mentored hundreds of women entrepreneurs to help them attract more clients, build profitable businesses, and develop a quality lifestyle they desire. I have noticed that there are seven critical mistakes many women small business owners make. The good news is that there are easy solutions that you can implement immediately for all of these mistakes, and I’m going to share them with you. Here are the seven success habits that set apart the women who build extremely successful businesses and earn healthy six-figure incomes from the women who never seem to attract enough clients and who struggle to make ends meet every month. Mistake #1: Lack of focus Of all the issues that can sabotage the success of women business owners, lack of focus is near the top of the list. Going in too many different directions at once results in dissipated energy, loss of time, and often loss of income, as the most important items drop to the bottom of the to-do list. The solution: focus on doing fewer things very well – to do less in more time. Instead of responding freely to the things that show up every day, decide what really counts. And put your focus there. Say NO! to everything else. Mistake # 2: No system for generating new business Many businesses fail from not finding enough new clients and opportunities. This is due to not having a system in place to consistently generate enough referrals to sustain the business. The solution: ask for referrals and testimonials. Referrals are the best way to attract new clients. Research shows that up to 45% of most services are chosen based on the recommendation of others. Learn to clearly articulate the value of what you do. Don’t be shy about getting the word out and asking people to send business your way. Create a database of contacts so that you have a consistent way to follow up over time. Mistake # 3: Inconsistent follow-up Failure to follow up and to stay in contact with clients will kill repeat and long-term business faster than anything. People want to know they are valued. They want to hear from you and to feel that they have a relationship with you. The solution: consistent and frequent communication. Sales are rarely made on the first contact. 80% of sales are made on the 5th to 12th contact. Most business women give up after following up only once or twice. If you find ways to connect or stay in touch with prospects 7 or more times, chances are good that they will eventually hire you. Mistake # 4: Trying to sell features instead of benefits Professional service providers often make the mistake of describing the process they use or a feature of their service as a selling point. They offer a definition of what they do instead of a statement of the key benefits that the client wants. By doing this, they fail to establish the true value of their products and services in the mind of the prospect. The solution: promote benefits and results. Help prospective clients understand how your service can truly help them solve a problem and provide a benefit or result they are looking for – and are willing to pay money for. Let them know you understand their needs. Mistake # 5: Not targeting their market Many business women waste precious time, energy, and resources chasing ‘opportunities’ that don’t result in actual business because they don’t have a clear idea of who specifically they are promoting their services to. The solution: Narrow your business niche. Clarify your specialty, identify a problem you can solve, and choose a profitable target market. Success in business depends on accurately identifying the best marketplace for your services and products. If you try to sell something to people who don’t want what you’re selling, they won’t buy it. If you try to sell good services to the wrong marketplace, you won’t make any sales. It’s that simple. Mistake # 6: Ineffective planning One of the biggest reasons for small business failure is a lack of planning. Most entrepreneurs are doers rather than planners. They would rather be in action than plan the action. Many spend more time planning a trip or a party than they do their business. The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you implemen Burglary of Retail Establishments at once results in dissipated energy, loss of time, and often loss of income, as the most important items drop to the bottom of the to-do list.Retail burglary may be prevented and/or deterred by taking certain security precautions prior to and after this crime as indicated by COPS Community Oriented Policing research (800) 421-6770).Briefly, a few of the items COPS suggest to be considered in your preparation or update of policies and safeguards to avoid retail burglary at your retail establishment are:· Know your community.· Newer businesses have a higher rate of victimization than older businesses which may indicate that the establishments become more experienced at preventing crime the longer they are in business.· Retail stores, which have greater risks of burglary, have a tendency to prepare with the most precautions, which may reduce the risk The solution: focus on doing fewer things very well – to do less in more time. Instead of responding freely to the things that show up every day, decide what really counts. And put your focus there. Say NO! to everything else. Mistake # 2: No system for generating new business Many businesses fail from not finding enough new clients and opportunities. This is due to not having a system in place to consistently generate enough referrals to sustain the business. The solution: ask for referrals and testimonials. Referrals are the best way to attract new clients. Research shows that up to 45% of most services are chosen based on the recommendation of others. Learn to clearly articulate the value of what you do. Don’t be shy about getting the word out and asking people to send business your way. Create a database of contacts so that you have a consistent way to follow up over time. Mistake # 3: Inconsistent follow-up Failure to follow up and to stay in contact with clients will kill repeat and long-term business faster than anything. People want to know they are valued. They want to hear from you and to feel that they have a relationship with you. The solution: consistent and frequent communication. Sales are rarely made on the first contact. 80% of sales are made on the 5th to 12th contact. Most business women give up after following up only once or twice. If you find ways to connect or stay in touch with prospects 7 or more times, chances are good that they will eventually hire you. Mistake # 4: Trying to sell features instead of benefits Professional service providers often make the mistake of describing the process they use or a feature of their service as a selling point. They offer a definition of what they do instead of a statement of the key benefits that the client wants. By doing this, they fail to establish the true value of their products and services in the mind of the prospect. The solution: promote benefits and results. Help prospective clients understand how your service can truly help them solve a problem and provide a benefit or result they are looking for – and are willing to pay money for. Let them know you understand their needs. Mistake # 5: Not targeting their market Many business women waste precious time, energy, and resources chasing ‘opportunities’ that don’t result in actual business because they don’t have a clear idea of who specifically they are promoting their services to. The solution: Narrow your business niche. Clarify your specialty, identify a problem you can solve, and choose a profitable target market. Success in business depends on accurately identifying the best marketplace for your services and products. If you try to sell something to people who don’t want what you’re selling, they won’t buy it. If you try to sell good services to the wrong marketplace, you won’t make any sales. It’s that simple. Mistake # 6: Ineffective planning One of the biggest reasons for small business failure is a lack of planning. Most entrepreneurs are doers rather than planners. They would rather be in action than plan the action. Many spend more time planning a trip or a party than they do their business. The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you impleme Building Critical Mass in a Change Management Programme stay in contact with clients will kill repeat and long-term business faster than anything. People want to know they are valued. They want to hear from you and to feel that they have a relationship with you.A change management programme succeeds only when the change in processes and outcomes become embedded in day-to-day business. For a change programme to be embedded into day-to-day business, a critical mass of employees and managers must be emotionally tied to the change in business outcomes and the change in processes which deliver the change in outcomes.What does it mean to be emotionally tied?The old metaphor of the chicken and the pig demonstrating the difference between commitment (emotional attachment) and involvement suffices to explain.The metaphor goes, "What's the difference between commitment and involvement?""Ask whether the contribution of a pig and a chicken to a breakfast of bacon and eggs is c The solution: consistent and frequent communication. Sales are rarely made on the first contact. 80% of sales are made on the 5th to 12th contact. Most business women give up after following up only once or twice. If you find ways to connect or stay in touch with prospects 7 or more times, chances are good that they will eventually hire you. Mistake # 4: Trying to sell features instead of benefits Professional service providers often make the mistake of describing the process they use or a feature of their service as a selling point. They offer a definition of what they do instead of a statement of the key benefits that the client wants. By doing this, they fail to establish the true value of their products and services in the mind of the prospect. The solution: promote benefits and results. Help prospective clients understand how your service can truly help them solve a problem and provide a benefit or result they are looking for – and are willing to pay money for. Let them know you understand their needs. Mistake # 5: Not targeting their market Many business women waste precious time, energy, and resources chasing ‘opportunities’ that don’t result in actual business because they don’t have a clear idea of who specifically they are promoting their services to. The solution: Narrow your business niche. Clarify your specialty, identify a problem you can solve, and choose a profitable target market. Success in business depends on accurately identifying the best marketplace for your services and products. If you try to sell something to people who don’t want what you’re selling, they won’t buy it. If you try to sell good services to the wrong marketplace, you won’t make any sales. It’s that simple. Mistake # 6: Ineffective planning One of the biggest reasons for small business failure is a lack of planning. Most entrepreneurs are doers rather than planners. They would rather be in action than plan the action. Many spend more time planning a trip or a party than they do their business. The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you impleme Ten Hottest Careers Everybody's Talking About it or result they are looking for – and are willing to pay money for. Let them know you understand their needs.Everyone has that dream job, the one they've been secretly coveting since they were young. Of course, few can grow up to be cowboys, astronauts or princesses, and even fewer can become super models. But, we still dream. They just don't pay the rent, unless you're a psychologist....The truth is: everyone has a different definition of a that perfect job. It's impossible to categorize. But, there is a way to prove the most researched careers. Not as exciting, I know, but a bit more relevant. By removing the childhood glamour sheen, you can get down to the possible dream job, and that's worth looking into.So let’s take a look at the ten hottest careers everyone is searching online:1. Education: At the to Mistake # 5: Not targeting their market Many business women waste precious time, energy, and resources chasing ‘opportunities’ that don’t result in actual business because they don’t have a clear idea of who specifically they are promoting their services to. The solution: Narrow your business niche. Clarify your specialty, identify a problem you can solve, and choose a profitable target market. Success in business depends on accurately identifying the best marketplace for your services and products. If you try to sell something to people who don’t want what you’re selling, they won’t buy it. If you try to sell good services to the wrong marketplace, you won’t make any sales. It’s that simple. Mistake # 6: Ineffective planning One of the biggest reasons for small business failure is a lack of planning. Most entrepreneurs are doers rather than planners. They would rather be in action than plan the action. Many spend more time planning a trip or a party than they do their business. The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you impleme Where Output Management And Mobility Merge .An Output management solution that makes your print follow you around makes a good mobility solution and can be part of your revenue assurance program.With the advent of mobile computing and moving around from home to temporary offices, customers, overseas subsidiaries and clients, a printer output management solution allows you to seamlessly send your document to a print queue somewhere in your corporate haze of IT and pick the hardcopy up at a printer conveniently located near you.There are now printer independent solutions that accurately or close thereto report paper and toner use over a wide range of printing systems. As IT users have become more educated independence from printer type is an important feature for or The solution: Create a marketing action plan. Entrepreneurs who plan ahead are the ones who make it. You can create a simple, effective marketing action plan in as little as 60 minutes. With a plan, you have a roadmap to success that will exponentially increase your chances of succeeding. Mistake # 7: Staying a secret If you're not making an offer of your services to a large number of people, then you won't be in business for very long. Too many women are nervous or fearful about promoting themselves and their services. They feel they will be perceived as being pushy if they talk too much about their business, and so don't speak up clearly and proudly to say who they are and what they do. The solution: Get well known. In order to be really successful, you need to stand out from the crowd and be well known by a large number. I'm here to tell you that it's OK to blow your own horn! It’s okay to talk about who you are and what you do. Don’t keep yourself a secret – get the word out. Do something that will get you and your services talked about and raise you to ‘expert status’. If you implement just a few of the solutions above, you’ll be well on your way to having a highly successful, fulfilling business by avoiding many of the common mistakes business owners make. Copyright 2007 by Jan Marie Dore
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