Owning a business isn’t for the faint of heart because leaders must be courageous. Daily, you are faced with challenges that require an immediate response, and when you fail to act it becomes easy to spiral into fatigue and a sense of failure. Self doubt often sets in and you don’t challenge your own negative thinking, because second guessing yourself seems like the right thing instead of leaping to action. Sometimes we buy into the negative self-talk that we really can’t do what we set out to do and this happens at both the conscious and unconscious levels and can be debilitating. I’m not suggesting we should never challenge ourselves and re-evaluate things. What I mean is that if you don’t have confidence in the decisions you make and the reasons behind those decisions, you’ll lack the courage to act and finding forward momentum will be next to impossible. You need to confidently make a decision until you need to confidently make the next decision. That’s how we learn to lead. (more…)
When you start a business you expect to be successful, so you need a plan. A business plan is really a rational strategy that will help you meet your short and long term goals. It includes a few key areas including: business goals, mission statement, target market, competitive analysis, pricing strategy, promotional plan, marketing budget, action list, and a way to determine if you have met your goals. Key to this plan is your unique selling proposition. In other words, what sets you apart from your competition? What makes your product or service the best available to your target market?
Start formulating your unique selling proposition by answering these four questions:
- What is my product? (i.e. “skin care cream”)
- Who is my audience? (i.e. “women over 40”)
- What do I do well? (i.e. “demonstrating the skin improvements in past and current customers”)
- What is the problem my customer needs solved? (i.e. “aging skin”)
Answering these four questions will lead inevitably to your unique selling proposition. What is it that differentiates my business and my product from my competitors? What makes my product unique? (i.e. “my product is demonstrably effective for women over 40”)
If you’re not entirely sure that your product is unique, that your service isn’t distinguishable from that of your competition, you likely need to revisit your preliminary questions. Take a few minutes to answer these questions for yourself and see if you need to make any changes to your overall business plan or if you’re on the right track!
Business consultants and coaches often overlap in their mission, to guide their client to meaningful decision-making toward the present and future of their business. Typically a consultant helps you work through business planning and strategy, marketing, project planning, website planning and the overall direction of a business. A coach will help you uncover obstacles from lack of focus, poor vision and self-sabotage and guide you toward clarity, purpose, and structure. (more…)
We’re all aware of the importance of first impressions because more than likely you’ve encountered someone who’s made a not-so-good first impression with you. Sometimes it’s as basic as a personality quirk or social awkwardness that leaves you wondering about your new acquaintance. They’re loud, they cuss in professional circles, or they might even be gossips with their foot in their mouth on a regular basis. Not a pretty sight or sound; a lot like television static or fingernails on a chalk board. Just plain annoying. (more…)