Posts Tagged ‘idea’

Good Business Ideas: Are You Focused Or Scattered?

November 17th, 2011

Good business ideas are a dime a dozen. Do you focus your energy on making one idea blossom or are you scattering your energy with each “new” discovery and secret?

Once you start looking for good business ideas, you will find them everywhere. There are seminars, workshops, webinars, video programs, and books all telling you how to:

• Build a down line quickly.

• Create a business from a business-in-a-box.

• Buy and sell real estate with zero money down.

• Invest in stocks.

• Learn Internet marketing for small business.

The problem is not the products or services that are being promoted. The problem is you and your ability to stick with one program; and see it through to successful completion. If you keep hopping around to all the profitable business ideas, you will not master any of them.

Each program requires a new set of skills; therefore, a new learning curve is involved. These learning curves are the roadblocks that stop about 85% of people from finishing a program. What do you do instead of persisting? You go out and begin searching for more profitable business ideas.

Have you been caught in this trap of starting and stopping? If you keep moving on to the next idea that comes along, you are setting yourself up for perpetual failure.

How can you break this habit?

The following three steps will help you develop the persistence required to successfully build a business.

1.) Beliefs – Remove all inner doubts. What are you thinking? Your actions will always support what you are thinking. Immerse yourself in motivational, inspirational books and programs. Take a daily dose of positive “medicine” and build on good business ideas.

2.) Blueprint – Gather factual, reliable information on a legitimate home business opportunity. Does it feel good? Do you enjoy working and learning the different skills?

3.) Business “Buddy” System – Find an accountability partner. Search for a like-minded person who will meet with you weekly. Human beings are social creatures. If you have a business buddy to check in with each week, then you will be sure to get more things accomplished. There are business forums on the web that make it quite easy to find an accountability partner.

Remember these 3 “Bs” (Beliefs, Blueprint and Buddy) as you develop your Internet marketing for small business.

If you are caught in the cycle of starting something, stopping, and searching again, then make a decision today to change. Psychologists tell us that when we begin something and do not finish it, we are forming the habit of failure.

Get Local Media Coverage For Your Small Business – 7 Strategic Steps

June 23rd, 2011

Having your business featured in the local media can feel like getting lucky at the roulette table. The wheel spins round and round and you just pray that tiny ball lands on your number so your story is one of the chosen few to receive coverage that day. It is seen as a big bonus because you’re basically getting free advertising, and the people absorbing that content are active viewers, listeners and readers.

So how do you get your local newspapers, TV and radio stations to take notice of your company? You’ve been sending out press releases when you launch a new product or have an event, you’ve been calling to follow up, but nothing seems to work.

Let’s take a look at some simple suggestions for getting your story in the local news.

1. Know Your Current Events

This is first on the list for a reason. You may have heard it before because it truly is the most important factor. Connecting your small business to a current event is the easiest way to get some media attention.

When you’re looking for stories to pitch, think about local, state, national and even international news. Most local media outlets include national and international news in their broadcasts or publications. They are always looking for ways to connect the local community to “the big story.”

Remember…most news is not good news. That means you’re going to have to be willing to participate in stories that may not give you the glowing coverage you’d hoped for.

In most cases, the saying “any publicity is good publicity” is right on. You just have to find a way to be positive about what could be viewed as negative circumstances.

For instance – what is your restaurant doing about that huge recall on lettuce? Is your ski shop still making sales despite the warm winter weather? Will you be hiring fewer seasonal employees this summer because of the slow economy?

Staying up to date on the news means you’ll be ready when an opportunity to attach your small business to a big story arises. If you get a request for an interview without asking for it, make sure you brush up on the topic beforehand. That way you’ll look smart!

2. Look for Unique Stories to Tell

Chances to connect your business to a news story won’t come around every day, but media outlets are always on the look-out for human interest stories, sometimes called “fluff pieces” in the industry.

These are the feel-good stories that everyone loves to watch. If you can get the media to bite on a story like this, it’s like striking oil! You may not make the front page or get coverage at the top of a newscast, but you can bet they’ll tease the pants off it so that people stick around.

Is your company sending anything – or better yet – anyone to help with the latest disaster relief? Are you doing anything to help families in need over the holidays? If someone who works for you is a member of the military and has been deployed, let the media know about send-off parties and how you plan to support the employee.

It may sound like tooting your own horn (and you are), but that’s the way it works. By the way, if you can pitch a story relating your business to puppies, kittens or babies – you’re in for sure. I’m not joking!

3. Appear as Professional as Possible

When a newsroom gets a press release that’s full of typos and blatant errors, it not only gets eye rolls it also means you lose credibility. When possible, have more than one person proofread your news release before it’s sent out.

A stylish looking press release can go a long way. You may want to consider putting together an entire media packet inside of custom presentation folders. That way you can include extra background information on your company, DVDs, business cards and more along with your release. You can order presentation folders online and personalize them with your company’s logo and marketing message.

Pitching your story inside an attractive marketing folder means you’re going to get a closer look than a plain press release that gets spit out of the fax machine. Plus, showing up in person to hand over your material could lead to valuable connections inside the local media.

It’s also important to write a headline and sub-header for your press release that is attention-getting and makes the reader want to learn more. This makes it obvious to the people in the media how attractive your story could be to an audience.

4. Understand the Newsroom Hierarchy and Make Relationships

Any working relationship you have in the media can prove to be valuable. Most newsrooms have all sorts of employees suggesting story ideas at editorial meetings, which are usually held a couple of times a day. Many times reporters and producers are looking for a story to recommend, and if you give them an idea, you’re actually being helpful.

However, not every position in the newsroom carries the same amount of weight.

You may think that if you have an “in” with the news director or chief/managing editor your story will be on the top of the list. That’s not always the case. News directors are busy people, and some are more hands on than others. You should realize that if you’re only e-mailing your story idea to the news director or editor in chief – you could be getting overlooked.

Reporters, producers and the editors of particular sections of a newspaper or magazine are good connections because they’re pitching stories on a regular basis. How much influence they have in a newsroom will vary depending on the individual.

Reporters are obviously the people putting together featured packages for the news. Their stories are the centerpieces of newspapers and newscasts. Developing relationships with reporters could mean you’re the first person they think of when it’s time to cover something related to your industry.

Producers and editors are the ones making a majority of the content decisions. They’ll likely decide where your story appears in the paper or airs in a broadcast. Many of them are also writing copy, and oversee photography choices or video editing.

One of the more influential positions in a TV newsroom is the assignment desk – sometimes called assignment editor or assignment manager. This is the person who organizes all the scheduled events, keeps a close ear on the scanner for breaking news, answers a lot of phone calls for news tips, sets up interviews and much more. The assignment desk is sort of like the central nervous system of the newsroom. Getting your story idea to whoever is sitting at that desk should be your No. 1 goal.

5. Give the Media Monster What it Wants

The Media Monster is hungry. It’s also a picky eater. You need to feed it some delicious treats.

Words are powerful, but a picture is worth a thousand words. Having opportunities for good video or photographs is extremely important. If the story you pitch has a good visuals for video, the rest of your bases should be covered. Good video means eye-catching still pictures and usually interesting audio as well.

If your company is holding an Easter egg hunt for kids, don’t invite the media for interviews during the ice cream social afterwards.

If you’re holding an event with a special speaker, the least you can do is make sure there’s interesting stuff to shoot inside the room. That might mean you have to make some signage with logos, photos, charts and graphs. Then you can set up some displays for the camera guy (or girl) to shoot. Don’t feel guilty about manufacturing photo and video opportunities for the media. Politicians have been doing it for decades.

It’s a smart idea to indicate on your release a time and location where media representatives can find the best photo/video opportunities. When the Media Monster’s belly is full of tasty video, scrumptious pictures, and delectable audio he’ll be happy and will come back for more.

6. Buy Advertising

This sounds a little shady, but it really is the way things happen. Becoming a regular advertiser in the local media usually means they’ll turn to you when there’s a story relating to the products or service your business provides.

Of course, buying ads or becoming a sponsor doesn’t guarantee you’ll get coverage. You’re not actually paying for that. Buying advertising won’t necessarily make you a favorite among the folks in the newsroom, but if a sales rep hears the newsroom is planning a story on the scorching heat, he may suggest the reporter contacts your air conditioning repair business.

If there is a story in the works about how road construction is affecting local businesses, your shoe store could be the first place that comes to mind because your full-page ad has been running in the paper. Some newsrooms even have lists of local businesses that are also sponsors so reporters call them first when covering certain topics.

7. Be Flexible and Respectful

You may think your schedule is jam-packed, but the people who work in television, radio and print have extremely tight deadlines to meet. In most cases, they’ve got one work day to turn around their story. But you have until next week to finish your little Power Point presentation.

Trying to reschedule an interview for a later date can be a big hassle. Usually these interviews only take around 15 minutes, so find the time in your day to talk to reporters if they request an interview. If you can’t do it yourself, find someone else in your company who can.

It is also important to have some manners when dealing with the media. Working in news can be a stressful job. Would you want to call the mother whose son was just murdered for an interview? Would want to shoot video of deadly car crashes day after day?

Sometimes people get annoyed with those pesky reporters and photographers. Just remember that newsrooms are very social places. If you act like a jerk to the photographer, everyone at your local paper or TV station is going to hear about it, and so could many other people at other stations and publications.

A Quick Guide to Government Grants For Small Businesses

June 16th, 2011

Government grants for small businesses are a great way to get the money to fund your start up!

How many times have you had a great business idea, but no start up capital? If you’re not already an entrepreneur, or related to one, you might not even know anyone with the money or contacts to money that could help you.

You could try going to a bank, but if you don’t have some sort of collateral, you’re probably out of luck–especially in today’s economic climate.

Besides, you have to pay loans back!

How about the idea of getting a government grant?

What’s so great about government grants is there is money currently available for every possible type of business. More importantly, once you secure the money, you don’t have to pay it back. So, it’s not going to cut into your fledgling business’ profitability.

You can also get grants from private organizations!

I suspect you’ve heard that you have to jump through a lot of hoops to get grants. Well,…that’s actually true. But I’ve got news for you. As an experienced entrepreneur, if you can’t get through the details of a grant application, then entrepreneurship might not be for you.

Really, it’s not all that difficult. If you want to start your business hard enough, you’ll get through it in style.

There are many resources on the Internet you can use to find grants. Two are the Foundation Center and also a site called Grants.gov, which is run by the government as a sort of grant clearinghouse.

The Foundation Center is the nation’s leading authority on philanthropy. Other than hooking you up with non-governmental money sources, they have a number of great online courses you can take that will really help hone your grant application skills.

Smartest Small Business Ideas – Starting a Web Design Company

May 17th, 2011

I’m always on the look out for the smartest small business ideas. Often times the best ones are companies who manage to combine several services into one convenient business. I recently met a company who’d taken this concept and applied it to starting their own web design company.

The owner had gotten the idea when he’d worked in corporate America. He’d been a part of the start up development team of one of their new branches. He found that they hired one company to do the graphic design part of their website, one to write the information posted on it and another to host the website and provide ongoing support. This seemed silly to him, and when the left the company to start his own business he decided on starting an all encompassing web design business.

The first thing he did was get together a group of talented individuals. He found one of the best writers out there who was experienced in writing web content and company biographies. A graphic designer also joined the team and a person with a background in the technical aspects of running a website rounded out the company.

Once he had his time together he started advertising and within a few weeks he had several clients. They appreciated his ability to handle all aspects of the company website. It streamlined their hiring process and he was able to have complete creative control over his projects, which worked well for him.

The smartest small business ideas focus on providing comprehensive services to a company or individual. No one wants to deal with several people when just one will do.

If you need money now, like I mean in the next hour, try what I did. I am making more money now than in my old business and you can too, read the amazing, true story, in the link below. When I joined I was skeptical for just ten seconds before I realized what this was. I was smiling from ear to ear and you will too.

Finding Investors for Your Small Business Start Up

April 13th, 2011

People are more careful than ever with their financial investments these days. Because of the economic hardships in recent years, people are being thriftier and spending a lot less. Even business investors are exercising double the caution before putting money into any new business venture.

This kind of financial prudence does serve the interest of investors quite well but it can make life a little harder for new business owners who are looking for investors to help them build their businesses. However, with the right skills and strategies, there is no reason why you won’t be able to find investors who will be interested in funding your venture.

1. Start with your personal network.

Even if you don’t know any business investors personally, your friends and family members may be able to recommend some people so it would be good to ask them. After all, the people closest to you are the ones who are most likely to help you in times of need.

2. Read the business section.

Although private investors don’t exactly take out advertisements in the newspapers, there’s a chance you may see some relevant names in the business news of your local paper. In particular, read news regarding the launching of a new business or a new product. There may be a mention of some venture capitalists in these news stories. Consider approaching them about your business idea.

3. Spread the word.

If you can’t find any business investors by reading the business section or by asking your friends, try making the investors come to you. You can do this by spreading the word that you are in need of investors. In addition to asking your friends, you can talk to your bank manager, your office colleagues, or any other people who may be able to help you. It won’t be too long before you can meet with some private investors. When that time comes, you’ll have to convince investors that your business idea is a lucrative one. In order to convince them, present a well-prepared proposal, which takes into account the following crucial factors:

Product or Service – The chances of your business becoming a success depend a lot on the kind of product or service you have, so potential investors would naturally want to know more about this. In your business proposal, make sure to enumerate all the reasons your product or service is an excellent business idea.

Target Market – Potential investors would also be interested in who your target market is and how you plan to introduce and market the product or service to them.

Return of Investment – The product and the target market are both very important to the investors but at the end of the day, what the investors are really interested in is the return of investment. How long would it take before they see profits from their investment? You can’t just tell them that they will earn from your business. You have to present them with actual numbers and graphs of projected profits based on real calculations.

If your business proposal is convincing enough, you’ll be sure to get some interested investors who can help fund your business start up.

Internet Business Ideas – The Secret Formula to Profits

April 10th, 2011

Starting a business online could be the most important decision you as an entrepreneur.

Dell computers, Microsoft, Google are all testaments to the power of having a profitable idea that leads to the birth of multibillion-dollar internet businesses.  The good news for start up entrepreneurs is there is still abundant opportunity to start your own business based on sound ideas.

While your idea of starting the next multimillion-dollar business may be appealing, it does not translate to making a home run. You need to do more than coming up with ideas. You need to acquire the skills to come up with winning ideas. You want to acquire this skill because a winning idea will end your money worries, give you freedom, and make you wealthy.

The flip side is… Your idea may end up being a money pit, which could wind your business to bankruptcy.  The good news is the internet gives you, the opportunity to test your ideas, easily quickly and cheaply, so you can fail quickly, with minimal cost. And if you have a winner you can roll out your ideas to create a profitable business.

In a survey of Small business done by SCORE, the resource partner for the Small Business Association (SBA), 90 percent of business fail due to a lack of skill, and knowledge on the part of the owner.

My intention is to show you how to come up with winning ideas to start your internet business.

The greatest Myth of all

Have you ever heard this often used phrase in business…? “Do what you love and the money will follow”?

The above statement is only half the truth of the reality in business, because there are many businesses, entrepreneurs and solopreneurs doing what they love….yet are struggling to make ends meet,  or at the brink of bankruptcy.

I will like to upset your ideas about business and tell you the keys to developing a profitable business idea

Keys to success with your ideas

The truth is that your success online has nothing to do with having a website what you need is…

You need passion.

You need to have passion for your new internet business idea.  In addition, your idea must appeals to your strengths. Your strengths are the combination of your talents, education, knowledge, experiences and the skills you have acquired over the course of your business life or career.

A proven market

Your market is important… because   you need to have an idea that people are going to pay you for the products and services you bring to the market place.  The best sign of finding a proven market is to look for: keyword searches on topics related to your business, the presence of competition, sales, promotions and a large number of prospects and buying customers.