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Atricle Dump - Solopreneur or Small Business Owner? Understand This: You Have No Competition!
Business Intelligence - For Proper Decision-Making you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place.Business Intelligence consist of different methods and techniques that help a company to collect, evaluate and access the necessary business information for decision-making. Such systems exemplify the importance of business intelligence in various fields like market research and its segmentation, inventory management, product development and productivity and statistical analysis.Each and every business-intelligence program must have some specific goal whether short term or long term. It also increases your control over data and such decisions are applicable to all type of industries.The people using business intelligence processes utilize application software and different technologies. Software, which allow business firms to make decisions on right time at right costs are knows as business intelligence tools or software. Such too YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the fol Used Medical Equipment Is Your Best Choice For Today's Market No competition?! Is this na?ve? Wishful thinking? A load of bunk?Used medical equipment has become a growing trend as the demand for quality medical equipment increases and the costs of purchasing medical equipment at full price becomes more difficult to do.Keep in mind that our economics are changing all the time and not all companies have a budget to spend as they please these used medical equipment for doctors, hospitals, non profit organizations and more need a way to provide up to date technology without the high costs of purchasing new medical equipment.The problem with used medical equipment is finding a reliable source that offers not only used medical equipment but takes the time to test and restore the used medical equipment to insure full functionality. Before you purchase from any company make sure they offer some kind of guarantee package and maintenance package.It is also i Not at all. As a coach who has consistently defied conventional wisdom as to what makes a successful coaching practice (NOT built on coaching other coaches!), let me share with you what I have learned along the way and what saves me EVERY SINGLE TIME I start to get overwhelmed or lose my business focus. It is so basic but SO critical to the success of solopreneurs and small business owners and it all boils down to that old saying, “KNOW THYSELF”. Simple, yes, but surprisingly difficult for many and a lot richer journey than you might expect. What follows is a simple model that will help you see exactly where you can focus your business building efforts most effectively. First, you do need to know a few things about your industry and those who specialize within it. This will give you the context in which your business exists. Consider these three major areas for your investigation: 1. Your industry as a whole (e.g. all coaches, all massage therapists, all nutritional consultants) 2. Those who share your ‘specialty’ (e.g. retirement coaches, those who do sports massage, those who specialize in the nutritional needs of menopausal women.) 3. YOU. Trap #1: Becoming a Commodity Not uncommonly, new businesses suffer from a lack of definition. To niche or not to niche? It’s a scary proposition to enter in to a new field, or to opt for self-employment and we often want to keep our options (for revenue) open. It is natural when one enters new territory to search for any measuring stick one can find to learn how to succeed in one’s chosen field. Unfortunately, this often means discernment gets tossed out and you can start to read every industry directive on what it takes to succeed as relevant to your business. It may not be. In fact, some of what you read may go so against your inherent strengths that you will risk being trapped in inefficiency and find yourself stalled and overwhelmed at every turn should you try to follow their recommendations. It’s important to understand that what is common to all distinguishes none. Identify, the overlap of those skills and techniques that are the foundation of your industry, regardless of your specialty area. While it is critical that you have a strong foundation, do not allow yourself to believe that this alone will build your business. It will not. You will simply be an interchangeable entity with everyone else in your field where prospective clients are concerned which leaves them no reason to choose you on factors other than price and gives them no reason to be loyal to you. Businesses playing to commodity will experience high turn over of clientele, poor return on investment for marketing efforts and lack of a clear direction in their business building efforts. BEWARE: Distinctiveness today is commodity tomorrow. Once upon a time there was only one coach, or dentist, or widget maker. It was enough to just be that. As the field grows what is distinctive for the individuals in it MUST evolve. Trap #2: Playing to the Competition OR Trying to “out-Oprah” Oprah Once you have a handle on the foundation of your industry and have developed the requisite set of skills, the next logical place to look is at those who share your specialty area. Where your business shares aspects with those in your field in general, you are in unfocused, general competition arena with everyone in your industry. Where you overlap with those in your specialty there is focused competition. The temptation here is to adopt a “me, too…only better…or cheaper…or…” attitude. You see everyone in your specialty has an e-book so you set off to write yours. Or they market in a certain way, so you do also. Or they use a really great catch phrase so you adopt their language, or seek the same licensure for a program that is bringing them money. Hear this: You can’t play their game better than they do. When you play “me, too” you will always play “catch up” and it is exhausting to jump over a bar that someone else keeps raising. You risk being taken away from your inherent strengths and your customers will be able to tell the knock-off from the original. They may come to you based on price, but you may lose them in the long run unless you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place. YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the folk Be Careful Who You Pick As A Partner In Your Business If you are contemplating setting up a business and taking partners in to help you, you would do well to give this serious thought before making promises, shaking hands or signing contracts with anybody.Having been involved in a number of business startups, I have witnessed a phenomenon, which has proven itself again and again. People are great starters and lousy finishers and this is especially true for “business associates’ or “partners” who you may be counting on to help you start or operate your business.You should keep in mind that nobody cares about your business enterprise more than you and the first mistake you will make is believing that others are willing to work as hard as you, give as much time, effort and/or money. At the beginning of a new venture, when hopes are high and enthusiasm abounds, you may be surrounded b 2. Those who share your ‘specialty’ (e.g. retirement coaches, those who do sports massage, those who specialize in the nutritional needs of menopausal women.) 3. YOU. Trap #1: Becoming a Commodity Not uncommonly, new businesses suffer from a lack of definition. To niche or not to niche? It’s a scary proposition to enter in to a new field, or to opt for self-employment and we often want to keep our options (for revenue) open. It is natural when one enters new territory to search for any measuring stick one can find to learn how to succeed in one’s chosen field. Unfortunately, this often means discernment gets tossed out and you can start to read every industry directive on what it takes to succeed as relevant to your business. It may not be. In fact, some of what you read may go so against your inherent strengths that you will risk being trapped in inefficiency and find yourself stalled and overwhelmed at every turn should you try to follow their recommendations. It’s important to understand that what is common to all distinguishes none. Identify, the overlap of those skills and techniques that are the foundation of your industry, regardless of your specialty area. While it is critical that you have a strong foundation, do not allow yourself to believe that this alone will build your business. It will not. You will simply be an interchangeable entity with everyone else in your field where prospective clients are concerned which leaves them no reason to choose you on factors other than price and gives them no reason to be loyal to you. Businesses playing to commodity will experience high turn over of clientele, poor return on investment for marketing efforts and lack of a clear direction in their business building efforts. BEWARE: Distinctiveness today is commodity tomorrow. Once upon a time there was only one coach, or dentist, or widget maker. It was enough to just be that. As the field grows what is distinctive for the individuals in it MUST evolve. Trap #2: Playing to the Competition OR Trying to “out-Oprah” Oprah Once you have a handle on the foundation of your industry and have developed the requisite set of skills, the next logical place to look is at those who share your specialty area. Where your business shares aspects with those in your field in general, you are in unfocused, general competition arena with everyone in your industry. Where you overlap with those in your specialty there is focused competition. The temptation here is to adopt a “me, too…only better…or cheaper…or…” attitude. You see everyone in your specialty has an e-book so you set off to write yours. Or they market in a certain way, so you do also. Or they use a really great catch phrase so you adopt their language, or seek the same licensure for a program that is bringing them money. Hear this: You can’t play their game better than they do. When you play “me, too” you will always play “catch up” and it is exhausting to jump over a bar that someone else keeps raising. You risk being taken away from your inherent strengths and your customers will be able to tell the knock-off from the original. They may come to you based on price, but you may lose them in the long run unless you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place. YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the fol Cheap But Not Nasty Business Cards y, the overlap of those skills and techniques that are the foundation of your industry, regardless of your specialty area. While it is critical that you have a strong foundation, do not allow yourself to believe that this alone will build your business. It will not. You will simply be an interchangeable entity with everyone else in your field where prospective clients are concerned which leaves them no reason to choose you on factors other than price and gives them no reason to be loyal to you.The business card is perhaps the best salesman and partner that you can have. That is why it is essential that it contain much more than your name, address, and contact numbers and services. It should be designed keeping its purpose in mind – that is it’s a powerful sales tool. So start with the design. If you want to create a business card that contains a photo with gradient colours you can try using a glossy paper to ensure that the cards are printed as good as they look on the screen. Or else, you can get disappointed with the print out and if your disappointed the customers may also beAlso, if your card design contains background colour or images, you can use papers that have gaps between them as these gaps will allow you to make up for the unavoidable elusiveness of the printer paper system. However, most stock cards don’t have gaps Businesses playing to commodity will experience high turn over of clientele, poor return on investment for marketing efforts and lack of a clear direction in their business building efforts. BEWARE: Distinctiveness today is commodity tomorrow. Once upon a time there was only one coach, or dentist, or widget maker. It was enough to just be that. As the field grows what is distinctive for the individuals in it MUST evolve. Trap #2: Playing to the Competition OR Trying to “out-Oprah” Oprah Once you have a handle on the foundation of your industry and have developed the requisite set of skills, the next logical place to look is at those who share your specialty area. Where your business shares aspects with those in your field in general, you are in unfocused, general competition arena with everyone in your industry. Where you overlap with those in your specialty there is focused competition. The temptation here is to adopt a “me, too…only better…or cheaper…or…” attitude. You see everyone in your specialty has an e-book so you set off to write yours. Or they market in a certain way, so you do also. Or they use a really great catch phrase so you adopt their language, or seek the same licensure for a program that is bringing them money. Hear this: You can’t play their game better than they do. When you play “me, too” you will always play “catch up” and it is exhausting to jump over a bar that someone else keeps raising. You risk being taken away from your inherent strengths and your customers will be able to tell the knock-off from the original. They may come to you based on price, but you may lose them in the long run unless you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place. YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the fol Minding Your Own Brand - How Low Can You Go? e requisite set of skills, the next logical place to look is at those who share your specialty area.While judging a freshman business plan competition at a local university, I noticed a pattern. Each of the student groups said they were developing a premium brand, but they would use a low-cost penetration pricing strategy. Even though they were often selling at a loss, they explained that by entering the market as the low price leader they would gain market share, people would fall in love with their product and they could raise their prices once they had built customer loyalty.I could not think of any company that after entering the market with low-cost pricing, went on to be a dominate premium brand and could command an above market price. So, as a judge, I reminded them that “using this logic, they will develop a commodity level brand with very little loyalty and being a commodity is a hole few companies could ever hope to dig thems Where your business shares aspects with those in your field in general, you are in unfocused, general competition arena with everyone in your industry. Where you overlap with those in your specialty there is focused competition. The temptation here is to adopt a “me, too…only better…or cheaper…or…” attitude. You see everyone in your specialty has an e-book so you set off to write yours. Or they market in a certain way, so you do also. Or they use a really great catch phrase so you adopt their language, or seek the same licensure for a program that is bringing them money. Hear this: You can’t play their game better than they do. When you play “me, too” you will always play “catch up” and it is exhausting to jump over a bar that someone else keeps raising. You risk being taken away from your inherent strengths and your customers will be able to tell the knock-off from the original. They may come to you based on price, but you may lose them in the long run unless you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place. YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the fol Brand is About Quality you discover what you uniquely bring to the table. You can’t out-Oprah Oprah. Nor can you out-Laura Laura. (Nor can Oprah out-you YOU). Don’t even try. It’s okay to be inspired and led but you won’t be able to replicate the exact steps of any successful person and end up in the same place.Quality is the key to branding success. If quality is in place, it is likely that performance is also in place. Some brands tell you immediately that there is quality or at least they advertise themselves that way. Maytag is a good example of quality. Their ads boast of the bored service person because their product is of such a quality that repair is not necessary. Maytag stands for quality. Those that purchase the product have an expectation that they are buying quality. Quality is often measured in terms of dollars. It seems the higher the quality, the higher the price. Consumers expect to pay more for higher quality goods and services. If you pay $5 for a shirt or blouse, you probably think that it is cheap and will not last long. If you buy one for $100, then you expect it to be of high quality and last for a long period of time.Whe YOU, GLORIOUS YOU What this leads you to is that big section of the business arena that you share with no one. This is where personal branding lives. This is where the stuff that makes customers raving, loyal fans lives. This is where most business owners back off and scare themselves silly. It’s easier to hang out and follow competition or to play the ‘me, too’ game. It’s hard to play by your own rules without feeling like a nut. You WILL be out of your comfort zone. Passion and creativity and a thriving, living business are not static entities. That’s just the truth. You will need LOTS of courage to be unapologetically you. You will have to understand that some folks will not hire you if you are too ‘you’…they may be looking for me, or Mackenzie, or Oprah…and the folks who don’t want us may be looking for you! You don’t want to work with EVERY one. You want to work with the RIGHT ones. Trust me on this. I used to work with everyone and it was exhausting! Now, the clients who DO resonate with you…that is powerful stuff! Clients who are allowed to fully experience doing business with YOU (as opposed to someone like you) are a wealth of information, not just business. When you are clear about who you are and communicate that clearly you allow your customers to start a dialogue with you about what is relevant to them in your business. They will willingly give you feedback, support, referrals and product ideas because people want to help people they believe in. If you are giving your customers value, they are going to want you to be around to keep giving it to them! When you are clear in your vision, uncluttered in your business habits and responsive in an ongoing dialogue with your customers your business will grow effortlessly. Your customers will help you know when you are becoming a commodity and they will encourage you to stretch. They will require it and so should you. Now how do you find your uniqueness? Your uniqueness, my friends, is not in any article. You will discover it in dialogue, self-reflection, experimentation and boldness. THAT is where the fun begins!
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