Sunday, April 30, 2017

How To Turn Your Social Media Traffic Into e-Commerce Revenue

social media business

If you know anything about e-commerce, you cannot deny the importance of social media in marketing and establishing a business brand. Studies show that shoppers’ purchasing decisions are largely influenced by information found on Social media platforms inform of reviews, comments and feedback, particularly from their own friends. It is evident that social media platforms are big drivers for e-commerce, from the beginning to the end of each customer’s journey.

However, the real value for an e-commerce business or any other business comes when social media traffic is converted into revenue. Here are practical tips for turning likes, comments and tags into new sales:

Share engaging content.

Social media platforms are a wonderful opportunity to share informative and engaging content and establish yourself as an expert and an authority in your niche. You can use platforms like Facebook, Twitter, Instagram and YouTube to share engaging videos, stories and links. This way, you get to engage a target audience even in real time and get them to respond to a call-to-action.

Having fresh and engaging content on a platform that is accessible is imperative as it helps your audience identify with you and also be in touch. To keep things interesting you can share content that isn’t always about your business or product; for instance, a how-to video.

Offer exclusives.

The best way to get your target audience to respond through social media platform is to offer social media exclusives like discounts, sales and giveaways that are tailored specifically for purchases from a given platform. The Canvas Factory in Australia has used this to great effect – “It’s a win win situation in all ways we’ve found, to give our social media followers some deals that are exclusively for them. They feel special (and they are!) and we stay first and foremost in their mind for our product”.

Cross promote.

There definitely will be times when you need to use different social media platforms in order to appeal to different types of people. You can ensure that you reach more audience in the various platforms by cross-promoting each social platform on the other. For instance, you can give your Facebook followers links to Instagram, Pinterest followers your links to Twitter and so forth. This way, you get more opportunity for exposure across aboard.

Always include your contacts.

It is important to ensure that every social media platform that your business is using has the most convenient contact information that your audience can instantly use to reach you. You can offer multiple contact channels such email addresses, web address, phone numbers, etc. so that people can contact your business in the shortest time possible.

Make the transition easy.

Social media platforms are not your website. They are just complimentary platforms to get word out about your product and brand. You should have a website that will provide more information about your business and product in addition to offering visitors an opportunity to place orders or subscribe to new letters. With that in mind, you need to ensure that the transition from any of your social media platform to the website is as easy as possible. You need that visitor on your site to turn them into a customer, so everything needs to lead to that goal. Incidentally that is one of the pitfalls of pushing out content that is clickbaity but unrelated to your core offering. You’ll get the visits to the content on social media, but the visitors will most likely not be part of your core demographic groups. ‘Message to market match’ is still a rule to live by, even if you’re content marketing on social media platforms.

Create landing pages that link directly from social media platforms. Ensure that the landing page is fast loading and that it offers the visitor a soft landing (matching content and feel to where they came from) and an opportunity to respond to call-to-action.

One other way to ensure that there is seamless transition is to ensure that your site is mobile friendly. In the present internet environment, you will not survive long if your site is not mobile-friendly. Most people engage social media platforms from their smartphones and other mobile devices. If you are going to have any links from your social media platforms to your website, ensure that the website is mobile-friendly.

A sure way to ensure that having a mobile-friendly site is to use the responsive design. A responsive website design strategy allows the website to adjust according to the features of the device used to access the site. These features include screen size, screen orientation and the mobile device software or platform. Another option is to use adaptive delivery which uses HTML and CSS codes that display different versions of the site page based on traffic source, geographical location and device.

Take away.

The whole goal for social media marketing and engagement for a business is to ensure there is revenue. Any investment you make towards social media in terms of money and time should have its end goal in generating new leads that will then be converted into revenue. It is also good to ensure that you measure the return on investment to check whether what you are doing is worthwhile and where you need to make adjustments.



from Young Upstarts http://ift.tt/2oWVxOX via website design phoenix

Saturday, April 29, 2017

Times Are Changing In Logistics

supply-chain

Logistics is the business of transporting goods from one area to another. It’s become particularly popular for business owners to outsource their logistics needs to other companies and there’s a clear reason for this. Logistics can be expensive. It can cost thousands to move heavy equipment from one area to another. Sometimes it’s cheaper for companies to hire a company to complete the service, cutting the cost as well as the responsibility.

However, there are a lot of changes in the logistic industry taking place now and some just on the horizon. Soon the business of logistics could look very different indeed. So, if you are running a logistics company right now, you do need to keep track of these trends and ensure that your business is prepared for the future.

Here are some of the challenges you may be facing as well as the advancements that could impact your business model.

New Tech.

New tech is certainly going to play apart in the future of logistics. Let’s start by thinking about self-driving vehicles. Self-driving vehicles aren’t coming, they are here. In fact, just last week Disney World Insiders revealed that the major theme park will begin using self-driving shuttles to transport its staff from place to place this year. If that goes well, and they expect it to, shuttles that are self-driving will be used to transport guests as early as 2018. They’re not the only ones testing this tech either. In the UK alone, there is estimated to be well over 100,000 self-driving cars on the road.

So, how long until drivers are no longer needed and trucks can drive themselves. Probably not as long as you think and in the next few years you can bet companies are going to be toying with this tech. It’s not hard to see why either.

Every year thousands of accidents are caused by long haulage trucks on the road. It’s becoming a public outcry that something must be done because the general consensus is that the truck drivers are typically at fault. Or rather they are working to the point of exhaustion, under orders to complete deadlines.

With new self-driving tech, this wouldn’t be a problem, and there are companies right now looking into the development of self-driving trucks.

However, even if they weren’t drones could certainly bring out a change to deliveries. Last year Amazon successfully used an air drone to deliver a package. Now, it’s worth pointing out that the package in question was flown just five hundred yards to a house with an absolutely massive back garden. However, Amazon has stated they are keen to further develop this tech. As such, the days of logistics drivers could certainly be numbered.

This is nothing but good news for business owners because drivers cost the model an absolute fortune. But this isn’t a change that is going to occur right away. So, let’s look at something that is.

Tracking And Instant Updates.

 

There are plenty of logistics companies that are already using tracking devices and tech to ensure that customers and clients can keep track of deliveries. It gives them peace of mind and ensures they know that the product will be delivered on time. Or, that it’s definitely on it’s way. For customer support teams this can be a complete nuisance with even the slightest bump in the schedule immediately being questioned. However, that’s irrelevant at this stage because customers don’t just want to be informed, they expect it.

In 2017 if you’re not able to provide constant updates on deliveries to customers, your business could be in serious trouble. You will almost definitely be beaten by a business that will mainly be due to customer reviews. Well over 90 percent of customers check online reviews before committing to using the service of a company. If you have people constantly complaining about late deliveries and no tracking information, it’s definitely going to lead to problems for your business in the future.

Rise Of The Little Guys.

There are two types of logistics businesses. There are the massive corporations like Yodel and there’s the little guys that don’t even have a name. Recently the little companies are growing in popularity because they offer cheap prices to big business. Businesses like services that are cheap and reliable. It’s certainly helped that starting in logistics has become easier than ever. With truck finance, you can get a vehicle for the road to use for deliveries even with no capital in your account. Once you find customers and clients, you can start making a profit.

Of course, there’s another trend with little companies too. Little companies are hiring unskilled, cheap labour to drive their vehicles. Does it hurt their business or help it? While customer opinions can vary, it does seem to benefit the businesses that choose to use this option. It allows them to compete with the bigger businesses on the market by cutting costs, gaining a larger slice of the demand.

Security Flaws.

 

It’s fairly obvious that logistics companies are becoming more reliant on technology. Information about deliveries is accessed online and stored on cloud servers. There’s no way around this because it’s crucial that logistics companies maintain a high level of efficiency. The problem is that this leaves them open to potential breaches and hacks. If that happens, it can leave the business crippled. As such, logistics owners must be willing to invest in higher levels of security. It is the only way they can keep their company afloat and ensure that a scandal doesn’t bring it crashing down.

It’s clear then that there is a lot for logistics business owners to consider when planning the future of their company. Labour might not be an important factor for much longer, but tech could play a more pivotal role. Meanwhile, the role of customer opinion is only increasing and will continue to shape which logistics companies stay on top of the market in the next few years.



from Young Upstarts http://ift.tt/2oJIMwf via website design phoenix

10 Tutorials That Can Get You Started With Sketch

sketch for mac

Sketch is a professional graphic design application for Mac computers. It can be used to create graphics and templates for websites and mobile applications. Sketch has many advanced features such as art boards, layered pages, masks and transformation effects. This program will serve as a great tool for any graphic or web designer.

Follow these 10 tutorials to get started creating amazing graphics with Sketch:

1. Sketch Basics.

This tutorial will teach you everything you need to know to begin your Sketch designing journey. You will learn all the basic buttons and functions of sketch, as well as how to start new projects and export your work. This tutorial is a great place to start and can be completed in as a little as 5 minutes. You will also learn the basics of plugins and grids, and a few handy keyboard shortcuts.

2. Sketch Icons.

Once you’ve got web hosting and have to start building your website, one thing you’ll need right away is an icon set. Why not make you own icons with Sketch? This will allow you maximum creative control and ensure you have unique icons that fit your branding and theme. Use this tutorial to create your settings icon, and to learn the process of making all the icons your site will need.

3. Floor Plan Tutorial.

This is a great tutorial whether you have an interest in architecture, or simply plan to use sketch for web design and logos. That’s because this tutorial aimed at teaching you how to design floor plans will introduce you to many basic and essential tools and processes you’ll use in nearly every future project. Follow this beginner-friendly tutorial before moving on to more complicated Sketch projects to gain experience and familiarity with the application.

4. Sketch Charts and Graphs.

This tutorial shows you how to transform your raw data into attractive graphs and charts using Sketch. This is helpful for graphic designers working on informative websites or marketing materials. With this tutorial you can create pie charts, circular displays for data comparison and plotted line graphs.

5. Scalable Shapes in Sketch.

If you’ve worked with any graphic design software before then you’ll know the frustration involved in scaling objects upward. Borders tend to become blurry as pixels fall out of alignment and you can end up reducing the overall visual quality of your work. Use this tutorial to overcome this common problem and create completely scalable web graphics.

6. Text and Shared Styles.

One of the best parts of working in Sketch is the versatility it offers for creating text and coherent shared styles. You can use this tutorial to become a master at implementing text areas and maintaining coherent styles among you various design elements. This tutorial will also show you how to decorate text with gradients, drop-shadows and other effects.

7. Pattern Library Tutorial.

This thorough how-to style tutorial for Sketch will teach you the process of making a pattern library to use on all your future Sketch App projects. These patterns are typically used for interface elements, such as nav bars, buttons and interactive menus for websites and online apps. Once you have a pattern library built up you will shave time off all future projects and save yourself from redundant design tasks.

8. Vector Logos.

Logos are an important part of branding, especially on the web. Since you will use your logo in many places including on your website, marketing materials, and perhaps as a watermark over your images, it’s important that it’s scalable. Vector images make the best logos because they have good compression ratios and are easily scalable. They are also capable of transparent backgrounds, which is an essential feature for most logos. Use this tutorial to create your own vector image logo.

9. Making Button Symbols.

Every website needs a clean professional navigation system. This tutorial for creating button symbols will walk you through designing the functional buttons for your navigation bar or menu. Sketch allows you the freedom of using plugins, automated effects and stacked pages to create 3D-looking buttons for any web project.

10. Create a Sketch Plugin.

Plugins are very useful to Sketch designers, they can automate common processes and create repeatable effects throughout varying projects. If you’ve discovered a process you’ve been doing manually and would like to recreate it with a single click then it’s worth taking the time to learn how to make Sketch plugins. Use this tutorial to create a Sketch plugin using a basic JSON file.

The Sketch application is easy to use but powerful enough for the most demanding graphic design projects. The best way to learn how to use Sketch is to follow these instructive tutorials to create some practice projects. If you have web hosting and need a layout, template, or graphics for your website then Sketch is great option for you. Once you’ve learned how create effects and design elements with Sketch you will be able to use these concepts to create your own unique graphics.



from Young Upstarts http://ift.tt/2pI1GDv via website design phoenix

Friday, April 28, 2017

How Ridesharing Is Paving The Way To Our Driverless Car Future

Apple CarPlay

by Vivek Wadhwa and Alex Salkever, coauthors of “The Driver in the Driverless Car: How Our Technology Choices Will Create the Future

We’re living in the transition zone when the convenience and economic benefit of hailing a car when we need one is becoming ingrained behavior. Car service companies around the globe, including Uber and Lyft, are providing a sharp contrast to purchasing, fueling, maintaining, insuring and housing a personal car.

Millennials were the early users, replacing the need for a designated driver after a night of clubbing with a ride conveniently ordered and paid for through an application on their phones.

The concept quickly spread to cities around the world. Now suburban parents increasingly bundle their kids off to soccer practice in Uber or Lyft, and use a shared car to drive to and from cocktail parties rather than risk drinking and driving. The cost of a rideshare lift home is extraordinarily low and it’s only a tap on the smartphone away. Younger generations now are showing less and less interest in owning a car.

Uber’s embattled and controversial CEO, Travis Kalanick, continues to make one claim that is quickly becoming indisputable. Rideshare services will replace car ownership entirely for large swatches of the population once self-driving car fleets enter the mainstream. A driverless car will cost significantly less to operate, bringing fares down even further. And it will be safer, more fuel efficient, and able to run without bathroom or coffee breaks.

Today most of us continue to prefer to ride in cars with someone at the wheel. A 2016 survey showed only one in five Americans would entrust his or her life to a driverless vehicle. Yet the technology is moving forward. Driverless cars are approved for road testing in 11 states, including California and Texas. Every major carmaker is working on driverless car technology, as are a growing number of well-funded startups.

Cities, too, are thinking about a future of cars that run on their own. Already, urban housing developers have begun eliminating garage space from many new buildings. As the demise of personal car ownership appears just around the bend for city dwellers, and in the not so distant future for the millions of truck drivers who will be displaced by autonomous technology, we need to take our foot of the gas, so to speak, and consider whether the benefits outweigh the potential hazards.

The most glaring and concerning hazard is the inevitable loss of employment to tens of millions of people making their living as drivers or working in the transportation industry. The new technology will bring very few replacement jobs. Society as a whole must look for ways to manage the transition to self-driving cars in the most equitable way possible.

At the same time, entering the new age of driverless technology promises a number of significant societal benefits.

A steep decline in accidents and deaths.

Car accidents remain a leading cause of preventable death in the U.S. Surveys show that 93 percent of crashes are attributed to human error. Autonomous vehicles won’t be subject to the foibles of drivers who become inebriated or inattentive, who fall asleep, or who text behind the wheel.

Less congestion.

The adoption of driverless cars will remove one-third or more vehicles from city streets. A large percentage of the cars on the streets of our inner cities are looking for parking. But self-driving cars don’t need to park. They continually move to the next passenger. Also, shared vehicles will provide the same service collectively that personally owned vehicles now provide. We’re already seeing this happen with the growth carpooling options in Uber, Lyft and other apps.

Better fuel efficiency and less pollution.

With no need for steering wheels, brake and accelerator pedals, gearshift panels, heavy steel-protective beams and other components required by drivers, driverless cars will become much lighted and super efficient. This will make electric vehicles even more viable by allowing for longer driving ranges. And electric vehicles are by far cleaner and greener in emissions than combustion cars.

Valuable social benefits.

With self-driving cars, the disabled will no longer struggle to find transportation because they’ll have on-demand drivers. The elderly can enjoy more autonomy with lifts to their appointments or the grocery store ensured. In addition, women will no longer have to worry about getting a cab ride late at night. Teens will no longer face insurance discrimination, and minorities will no longer be subject to discriminatory racial profiling when flagging down rides.

Cut down on signage and signals.

Having no human eyes behind the wheel will eliminate the need for much of the traffic lights and signs. Robotic cars will synchronize mass movements across intersections and on and off freeways wirelessly. Eliminating traffic signals and signage will save many billions of dollars and also beautify our cities and our highways.

Free up time.

When we no longer need to spend time behind the wheel, we free up time for more personal or professional endeavors — or time to simply catch up on sleep. We won’t have to shorten our day and rush home to drive children to soccer or ballet practice. And think of the time we’ll no longer need to invest in servicing our cars.

Open urban spaces.

Cities can rework land-use patterns once parking spaces and parking garages are no longer needed. Urban centers will dramatically change to focus on human amenities when there’s no longer a need to accommodate personal cars.

Let’s be clear: Driverless cars still have a long way to go before they become the dominant platform. But over time, as the benefits more and more outweigh the negatives, society will shift to an autonomous future where humans rarely, if ever, sit behind the wheel of cars and trucks.

 

Vivek Wadhwa and Alex Salkever are co-authors of the new book,”The Driver in the Driverless Car: How Our Technology Choices Will Create the Future“. Vivek Wadhwa is a distinguished fellow at Carnegie Mellon University’s College of Engineering. He is a globally syndicated columnist for the Washington Post and the author of two other books, including “The Immigrant Exodus“, which was named by the Economist as a 2012 Book of the Year. Alex Salkever is vice president of marketing communications at Mozilla. He was a technology editor of BusinessWeek, a regular science contributor to the Christian Science Monitor, and a writer on “The Immigrant Exodus“.



from Young Upstarts http://ift.tt/2ppxN8d via website design phoenix

Thursday, April 27, 2017

Real Growth Is Hiding Where You Aren’t Looking

Meeting chart

by Taddy Hall, Eddie Yoon and Linda Deeken from The Cambridge Group

Years of researching and advising clients around the world on innovation and growth strategy, we have made this observation:

  1. Nearly everyone wants innovation and growth
  2. There is general consensus that the very best way to innovate and to grow is to ‘make the pie bigger’ – that is to grow categories and expand markets – instinctively recognizing that carving incremental market share out of the hide of your competition is a messy business
  3. Surprisingly few companies systematically pursue true pie-growing strategies

In general we find clients engaging across a range of activities – some fruitful, some less so – to drive desired growth, which we’ve summarized here.

With a solid existing product in hand, most clients begin by transitioning further and further upmarket, striving (and often realizing) incremental pricing power and margin realization.  This works for a while, until further growth is sought and then clients often turn to increased specialization at the premium end.  A proliferation of customized and specialized products to address profitable niche markets and extract yet further value from the market is often how this plays out in the market.   When that strategy begins to lose steam, clients turn to the lower end of the market, and work feverishly making lemonade from lemons.  The lemonade in these situations will often take two forms, either the development of new business models designed to enable profit realization at the lower end of the market or mechanisms to fundamentally unlock non-consumption.  And when those approaches collectively fail to drive further incremental growth one is flummoxed, and struggling to find desired growth.

We’d argue that it’s not that growth potential is not there, it’s just hiding where they aren’t used to looking.

Let’s introduce two concepts that we find helpful in surfacing these opportunities from the often over-looked areas of the market.

Concept 1:  Superconsumers.  Who are they?  They are the high passion, high profit consumers found in every category.   They spend three to seven times more than the average person in a category.  They are knowledgeable on the category (and passionate), willing to pay a higher price per unit and enthusiastically share their expertise and knowledge with others.

Concept 2: Jobs Theory.  It represents a fundamental shift in our thinking.  Consumers do not buy brands and products, instead, they HIRE them in order to create desired experiences and make progress in their lives.   Successful innovations fundamentally identify people with important jobs to be done that have only incomplete or inadequate solutions  – and then deliver solutions that enable the desired progress people seek.  Some jobs are ‘executive level’ jobs  meeting rational, emotional and social benefits and others are more ‘entry level’ jobs, addressing primarily rational benefits. The most successful innovations are fueled by converting non-consumers into consumers and intermittent customers into regular, profitable ones.

growth hiding

What happens when one overlays these concepts together?  New growth opportunities are brought to the surface.  Traditional approaches and frameworks consistently highlight the intersection of Superconsumers & Executive Levels Jobs as they key area for margin growth, and just as many highlight opportunities to convert non-consumers into consumers via successful delivery of entry level jobs, often by category disruptors.  Very few, however, surface the remaining two quadrants, but as we’ll describe via several case studies … companies overlook those opportunities at their own peril.

Consider for a moment Keurig.  One often immediately jumps to a focus on consumers who love coffee and spend more than $600 per year on it.  That focus is intuitive, and clearly benefits margin potential.  But that’s not really the Keurig story.  Instead, Keurig successfully delivered the executive level job of non-consumers and the entry level job of Superconsumers.  Really, you say?  Consider the following.  A dinner party, hosted by a non-coffee consumer, seeking to complete a splendid dinner party with a coffee course, but with little to no knowledge of how to deliver it.  Enter Keurig.   A great cup of coffee, completely customizable, a perfect finish to a meal and a re-affirmation of your exceptional hosting skills.  Executive level job of a non-consumer, satisfied by Keurig.  For the coffee Superconsumer the ask of Keurig is decidedly different.  For a true coffee Superconsumer Keurig does not deliver their executive level ‘craft coffee’ experience, but rather their entry-level quick cup of coffee on a schedule.  Entry level job of a Superconsumer, satisfied by Keurig.

The reality, such market opportunities are hidden in plain sight all around you.  They are terribly difficult to spot however, until viewed through the Superconsumer/ Jobs Theory lens.  Only with this understanding can one truly see the ‘Jobs’ for which consumers are hiring, and the progress they are seeking to make in their lives, and only with that understanding can innovators meet consumers where they are with solutions people will predictably buy, use and celebrate.

 

Eddie Yoon is a Principal with The Cambridge Group and author of the book, “Superconsumers: A Simple, Speedy, and Sustainable Path to Superior Growth“. Linda Deeken is the Chief Marketing Officer of The Cambridge Group. Taddy Hall is a Principal and Leader of Strategic Innovation at The Cambridge Group, and is the co-author of “Competing Against Luck: The Story of Innovation and Customer Choice“.



from Young Upstarts http://ift.tt/2qkSHo8 via website design phoenix

So Just How Do You Start A Startup?

startup

Doing away with the average 9 to 5 and setting up shop yourself is becoming hugely popular. More of us than ever are considering a startup as the solution to our career problems. It offers autonomy, creative scope, and the chance to pursue something you’re really passionate about.

So just how do you go about starting a startup?

Forward Thinking Is Key.

One of the most crucial parts of starting a startup is having a great idea. Of course, most ideas aren’t entirely unique, but they can be innovative nonetheless. That’s exactly what ‘the big idea’ behind a startup has to be; forward thinking. The very essence of a startup is to try something new. So when you’re brainstorming ideas focus on the future, not the past or the present. Think of it as trying not to replicate a successful existing idea, but finding what’s missing instead. Anybody can look at a successful business and copy it, but you won’t succeed. First of all, they will have cornered the market and you won’t be able to compete. Secondly, it’s not really in the spirit of entrepreneurship. Thirdly, having passion and drive, behind your own idea, is what spurs so many startups on.

So it’s clear that you’ll need to see something that’s missing from people’s everyday lives and find out how to bring it to them. Just like Deliveroo and Uber, it could be as simple as making people’s lives more convenient.

Be Prepared To Deviate From The Plan.

Whilst you’re still in the planning stages you might fall in love with your idea. This is common amongst startups. Whilst it’s great to be in love with your idea, you also need to be willing to criticize and probe it for weaknesses. Too many startups are blinded by their unwavering commitment to a plan which just doesn’t work. Take Microsoft. One of the huge titans of the tech world. They originally set out to make money selling programming languages. They changed their business plan once they’d got underway.

It’s completely normal to need to make adjustments and tweaks along the way, and in some cases overhauls. You just need to be prepared to do them. Plans with flaws in them aren’t the end of the world, but you need to be prepared to compromise.

The Right Man Or Woman For The Job.

Hiring Staff.

Hiring staff is a crucial stage in any startup’s success. You need the right team around you to be able to bring your idea to fruition. The chances are you aren’t an expert on everything. You’ll need people who are marketing, tech, and sales geniuses. People who understand your vision and are passionate about it too. Hiring staff for a startup is different from hiring staff for an existing big business. The crucial difference is that staff working for an existing company are likely to slot into a pre-existing framework and be a useful cog in a very big wheel. In a startup you start off by fighting to be noticed, fighting to keep up with your competitors, and fighting to keep the doors open. You need staff who are committed beyond the usual 9 to 5. Who understand that hard work is what’s going to secure their job and the company’s success.

One of the benefits of the hiring process for startups is that it’s usually more intimate. The likelihood is you’ll build your startup with friends or acquaintances. They, in turn, might have some useful contacts that want to come on board. Already you’ll know each other’s strengths, weaknesses, and personality quirks. It’s a far more thorough introduction that a 20-minute job interview.

The Founding Members.

In all likelihood, you won’t be going into a startup venture solo. To do so would be to put an unnecessary amount of strain on yourself. It’s usually far more effective to have two or three founding members. Between you, you can share responsibility and the pressure of the business. Whilst not all of you have to be in business already, it makes sense to have one business-minded brain in the group. Similarly, if you’re going into the catering industry someone should have this kind of experience, same goes for tech and other industries too.

Only Money Can Make It Happen.

Funding Your Startup.

Every startup needs money. It doesn’t matter what your idea is, you’ll need funding to get it off the ground. There are a few ways to go about this, you can get loans, raise the money yourself, or get investors. Find out more about what investors can do for your company at The Fortunate Investor. Essentially you’ll need seed money, to begin with. This is capital which helps you to make a prototype and get the whole idea off its feet. Make sure at this stage you have a comprehensive business plan in place. The more money you need, the more this will be scrutinized by investors.



from Young Upstarts http://ift.tt/2qjtsCH via website design phoenix

Five Ways Your Business Can Use Facebook Live

Facebook Live

by Amber Henning, Digital Marketing Strategist at Social Eyes Marketing

Live video has definitely captured the attention of the Internet. Specifically, Facebook Live has become a popular go-to for business and individuals alike. Facebook live started back in 2015, with a limited release among verified celebrity pages, but it quickly exploded to something that businesses and the general public could use – for better or for worse.

No matter your opinion, the Facebook Live platform has opened some amazing opportunities for business looking to leverage their online presence for better brand and product awareness.

In fact, nothing has the power to catch attention more than live video. In an already inundated Internet landscape, businesses need to find ways to break apart from the crowd. Your live video can help you do just that. It is more than just a video, it is an event and therefore an experience that you can share with your followers, building their relationship with your brand.

1. Develop a Brand Experience.

If you have a brick and mortar establishment, Facebook Live provides an excellent opportunity to invite your potential customers into your store. Static images and text, try as they might, cannot relay the same experience that video can.

If you have a location, even if it’s a warehouse, consider hosting a live event where you can give your potential consumers a look inside or perhaps a tour of the establishment. This will enable potential customers to get a behind the scenes look and, as a result, a more vested interest in your company and your future posts.

2. Conduct Q&A Sessions.

Question & answer pages and FAQs are boring and no one ever seems to pay attention to them anyway. Instead, answer questions during a Facebook Live feed, and get more exposure.

Leading up to the live event, you can ask your follower to submit questions. Let them know they have a chance of having their question answered and they will be more likely to tune in to your live broadcast. You can also encourage watcher to ask questions in live time, and speak to your viewers in a more personal way, endearing them even further to you and your brand.

3. Host an Online Event, Class or a Webinar.

When you provide a value to your followers they respond. Consider providing a webinar or an event to capitalize on the Facebook Live capabilities.

Planned webinars are time consuming, complicated and often they come with an expensive price tag. With Facebook Live, you can reinvent the webinar, and provide something that is easy for your customers and clients to utilize. Short classes can also be offered in the live format.

If you don’t have a topic you can cover in a webinar, consider hosting an event like a giveaway. Have people tune in and take part of your event. To get even more engagement ask your current viewers to use the “Invite” button to encourage as big an audience as possible. Watching Facebook reactions as you go can help you understand if your views are getting bored or if they are staying engaged.

Be sure to create an event and market your Facebook Live appearance prior to going “on-air” to encourage greater attendance when you hit the waves.

4. Announce a New Product or Promotion.

When you have a new product or service to launch you can capitalize on the excitement and garner some attention by using Facebook Live. Build the excitement leading up the announcement and sensationalize the event in any way possible.

Allowing your customers a peek into your launch will make them feel like VIPs. When possible, answer their questions and address their comments, so they feel that they are really engaged in the company and the big news.

5. Use Facebook Live with Groups.

Facebook live is usually posted on your page, however, you can post live videos to groups as well. If you have a Facebook group that relates to your business consider creating a regular Facebook Live broadcast. People who are already in a group already have a vested interest in your company, but this will deepen the relationship and allow you to get to know your followers even better while creating brand loyalty that cannot be beat.

Remember that anyone in the group can do a live broadcast, so review your setting to make sure they are restricted as needed.

It can be intimidating but don’t be afraid of Facebook Live. The way it opens up communication with your customers and potential followers gives you leverage in advertising that businesses simply have not had before. By using Facebook Live you can speak directly to your customers, endear them to your brand, all while demonstrating your place and relevance in the online community.

 

amber henningAmber Henning is a Digital Marketing Strategist at Social Eyes Marketing, a full-service digital advertising and web design company. She has run successful Facebook profiles and campaigns for politicians, businesses and organizations such as the American Cancer Society. She is passionate about helping businesses and organizations succeed, especially online.



from Young Upstarts http://ift.tt/2pDeqLG via website design phoenix

Six Sigma, Marketing And Culture: 3 Keys To Successfully Scale Your Small Business To The Next Level

startup meeting plan

Difficulties arise when companies begin to scale up because as a company grows and expands its operations, entrepreneurs typically become less involved with the day to day operation of their business.

This removes them from direct interaction and contact with both employees and customers, making the company less responsive to the needs of its workers and clients.

Sustainable Growth Requires Planning and Direct Involvement of Leadership.

Over time, this distance leads to a decrease in team morale, engagement, performance, and customer satisfaction. The company may continue to grow for a short span of time, but, sales typically stall at this point.

As a company’s leader becomes increasingly removed from operations, its processes typically become increasingly complex and inefficient. Productivity and quality decline, and dissatisfaction increases among the customer base.

Without direct intervention by leadership, sales and profits begin a rapid descent. The once small, growing company that seemingly had such a bright future becomes yet another failed business statistic. All because its leaders were unable to successfully manage the transition of scaling operations to grow from a small to medium sized business.

Tips to Successfully Scale Your Business.

The following are a few areas entrepreneurs can focus on to avoid the pitfalls that befall small businesses as they attempt to scale their operations and grow to the next level:

Focus on Processes.

Six Sigma is not just for large companies; lean concepts are beneficial for organizations of all sizes. It is particularly beneficial for companies that are trying to scale up their operations from the initial startup phase.

This valuable tool set gives leaders a thoughtful, systematic way to be able to quickly identify and eliminate the unnecessary extra steps and procedures that cause processes to bog down, resources to be wasted, and a decrease in the quality of products and services that are produced.

Lean process engineering allows companies to increase their efficiency, lower costs and improve quality as they eliminate waste, streamline processes and focus on creating a culture that seeks continual growth, development and improvement. Each of these factors works together to increase worker morale, engagement and performance, boosting sales and profits as customer satisfaction grows.

Get Serious about Marketing and Building Your Company’s Brand.

In today’s environment of a growing awareness about various issues of social justice, and the impact made on our society as a whole by each individual’s actions, a growing number of customers are choosing to do business only with companies that share their values. 

Today’s most successful companies connect with their customers through social media and other channels and receive valuable feedback that helps leaders to be more responsive to customer needs and create products and services that solve problems. They also use these channels to start conversations about the greater needs of society as a whole, exchange information and ideas about how they can partner with customers and other third parties, and work together for a greater purpose.

Marketing is no longer just about getting your company’s name out there and letting folks know about your latest specials and deals. It’s time for you to learn how to market yourself, and how to use social media, your company website, and blog to share yourself. Furthermore, using these resources to share your vision with others, transform your customer base into fans who not only share your values but will work with you and your company to promote and effect positive social change.

Focus on Building Your Company’s Culture.

According to statistics on business survival from the Small Business Administration, only half of all businesses that have employees other than the owner will survive five years. Other research indicates that nearly 8 out of every 10 new businesses will fail within the first 18 months of beginning operations. There are a number of reasons why a company may fail, but one way to ensure to build a resilient, flexible company that is able to grow and survive financial difficulties and other setbacks is to focus on building a strong company culture.

A strong culture begins with recruiting talented team members that share your values and vision. Focus on defining what you believe in – your company’s values. Give your team a purpose and inspire them to pursue excellence by clearly defining your company’s mission and vision for the future. Why does your company exist and how does it benefit others?

Be authentic and accountable and ensure that your actions match your communications. Provide opportunities for your associates to gain the skills that they need to excel and grow along with your company. Advocate the development of strong relationships built on trust and mutual respect within your team to promote greater harmony, cooperation and collaboration.

Offer praise, recognition, and rewards when your team’s performance meets its targets, while staying true to its values and purpose.

Improving processes, building your brand and creating a strong culture are the three fundamental keys to creating an effective, lean organization that is not only committed to excellence and improvement, but which is poised to build sustainable growth as it scales up to the next level.



from Young Upstarts http://ift.tt/2qaMxdN via website design phoenix

Wednesday, April 26, 2017

Getting Found Starts Before You Launch Your Website

google search bar

by Matthew Murray, Managing Director of Notable

Business owners spend considerable time and money developing the perfect look for their website. After all, their digital impact reflects on them as a company and they want to look as good as possible. But what happens if you build a gorgeous website and no one shows up for a look?

If you are just forming a new company then invest some time exploring how to get found BEFORE you begin developing your site. A site that is developed around getting in front of its target audience just makes sense.

And these days getting found usually means doing well in search engines like Google.

It Begins With a Keyword.

While there are numerous ranking factors involved in achieving the top position, keywords are one of the most important. But of course, you have to find the right keywords if you’re going to succeed.

Finding the right keywords isn’t nearly as hard as it sounds. You don’t need to spend thousands of dollars on keyword research. Follow some tips and you will find the right keywords to use for your content. Then, you can work your way toward the top of the rankings. Once there, you’ll have more traffic than ever before.

The importance of keyword research can’t be over estimated. The right keywords will ensure you don’t waste time and effort trying to promote areas where you will struggle to compete. And the better your keyword planning, the better your sales lead generation efforts will turn out.

Find Keywords with AdWords.

You have probably heard people recommend using the AdWords Keyword Planner to find the best keywords. That might be a good starting point, but the Adwords Keyword Planner tends to group smaller keyword datasets into a single keyword. It’s not ideal for finding the right keywords to focus site content.

If you want to find the best organic keywords, think about running an AdWords campaign on a simple landing page. You’ll get valuable segmented data that you can use when deciding which keywords are best. When you create ads, you put them in front of real world searchers and then get hyper specific information about what your marketing is searching for. You can then incorporate these ideas into the development of your new site.

Google Search Console.

Google Search Console is another great way to get some keywords. You’ll need to wait until your site is up and running to use it, but you’ll get some great ideas on where to focus movign forwards. S should dive in and get acquainted with everything it offers. For now, though, let’s

When you access “Search Analytics” inside Search Console, you can see the keywords that Google thinks you have the potential to rank for on your site. Write more blog posts using those keywords and you should improve your ranking over time.

Also, as you test out additional keywords, go back to the Google Search Console to see how they’re performing. Keyword research is part trial and error, and the Google Search Console helps with that aspect quite a bit.

Google Suggestions.

Google Suggestions lets you tap into your customers’ minds to find out what they’re interested in when they look for something in your niche. Just go to Google and start to type a topic into the search box. Then, a list of suggestions will come up in the drop down menu. Consider using the suggestions as keywords.

There are a couple of tricks to keep in mind with this, though. First, the suggestions are based on your location so change your location in Google to change up your results. For instance, if you want to serve an international audience, change your location to another country.

You also need to use incognito mode or a clean cache browse. If you don’t you may receive some suggestions that are based on your own search history.

Competitor Research.

Sometimes, your competitors have already done the best keyword research for you. Maybe they spent thousands of dollars on research, and you can piggyback off that.

You have lots of options for checking your competitors’ keywords. You can use a tool like SEMrush and gain lots of competitor insights, or you can just plug the competitor’s site into the AdWords Keyword Planner and then look at the data. Either way, you will get a list of keywords that you can use for your site.

Use Quora & Answer The Public.

Your customers ask a lot of questions on the internet, and those questions contain keywords and topic ideas. Find those questions, topics and keywords using Quora and Answer the Public. Enter a keyword into either tool and you’ll get a long list of questions your customer base has asked. Pluck keywords from that list and use them for your content.

Look Local.

Getting the right keyword isn’t enough. You need to be able to rank for that keyword in your target demographic. If you work in an industry that entails meeting your clientèle then consider using location modifiers to boost your ranking.

For example, if you are an accountant and organize your site around the term “accounting” it’s unlikely you’ll ever get a visitor. “Accounting” is too general a term and is dominated by accounting schools and high level resources. But if you live in small town Springfield and optimize your site for “Springfield audit services” then there is a very good chance you can rank high in Google. The second term is specific, local, and can be optimized on your site.

The right keywords make a big difference in getting the traffic that you need. If you build a site that has keywords that no one is looking for then you won’t get any traffic. Take the time to figure out HOW people think about your service offering before you start building your site.

 

Matthew Murray

Matthew Murray is the Managing Director of Notable, a business solutions firm based in Singapore. Notable helps companies incorporate in Singapore and matches them with clients looking for their services.



from Young Upstarts http://ift.tt/2pBHPpL via website design phoenix

[Infographic] Hotel Email Marketing

The Westin Singapore - Hotel Lobby

As guests near their travel dates, the excitement level rises and details of the trip jump to the forefront of their minds. There is a very specific window available during this pre-arrival period in which a hotel can get the most engagement with its guests. While pre-arrival letters average a 57 percent open rate, it increases to 60 percent seven days prior to arrival. An average of 59 percent is still opened three days prior. However, this average drops considerably right before checking, with only a little over 45 percent opening the day before.

Learn more about timing your pre-arrival letters for the ultimate engagement by checking out the following infographic:

20170123_RVN_HotelEmailMarketingIn2017_IG_V01_DE

[Infographic credit: Revinate.com]



from Young Upstarts http://ift.tt/2piNcqP via website design phoenix

The Various Benefits Of Investing In A Franchise

franchise notebook shutterstock

Many business owners or entrepreneurs have tangoed with the idea of franchising. Those that have no previous experience in franchising could feel as if it’s quite daunting in fact, considering all the factors that come into play when considering the subject at hand. However, there are clear differences and advantages between starting a fast food business from scratch from example and investing in a sandwich franchise.

That being said, we will be allocating the rest of this article to seeing what entrepreneurs can expect from making this big step. As you will be able to see, there are quite a few perks that come into play if you decide to own a Quiznos, or any other sandwich franchise.

Already existing brand.

Starting a business from the ground up is a very tedious and demanding task. One of the many things you will have to put effort into is the public image of your brand. This can involve hundreds of hours of marketing through various channels as well as other approaches that serve the same end. All that can be pretty much skipped thus allowing you to jump straight into the commanding position of an already established brand that can provide all the necessary tools for you to conduct business from a high level.

Business guidance and advantages of being part of a franchise.

If you decide to invest into a franchise, you will be thrown into a position of power from which it is in the advantage of everyone involved in the business to show you the ropes and guide you through the process of learning the curve. Learning from the very best in the branch definitely beats learning from scratch by yourself as it would be the case if you started a new business.

Existing infrastructure and a solid setup.

Another very important thing to factor in is the fact that businesses, especially businesses like sandwich chains require a certain infrastructure. This infrastructure, or system, allows the business to prosper within a society and have interconnections with every important element that contributes to its success. Investing in an already existing franchise guarantees all these necessities and lets you skip yet another tedious and costly step of the way towards the top.

Peers and associates.

Owning a franchise allows you to place yourself in the company of some of the best professionals in the business, for that specific domain or expertise. This can be an incredibly valuable learning experience that cannot be replicated anywhere else. Even though owning a business should mean that you are capable of handling things by your own accord, it’s still very valuable to hear and observe those considered among the best in the business at hand.



from Young Upstarts http://ift.tt/2pzO65b via website design phoenix

Founder Freak Outs: How To Cope With Extreme Stress

by Greg Head of Greg Head Consulting

stress

“Success is never final. Failure is never fatal. It’s courage that counts.” – Winston Churchill

As companies grow, especially between $1M – $10M in revenue, entrepreneurs deal with very difficult issues. When CEOs “freak out” and encounter debilitating stress, it’s not because they’ve had a hectic week or have had to work late for a month straight. Most startups and growing businesses are dealing with constant survival threats, excruciating pivots and learning painful lessons from brutal mistakes.

Leaders, especially CEOs, are required to have a high threshold for stress, keeping everyone else together and everyone else calm. But what happens when CEOs and founders cannot stay calm themselves? CEOs are just people, so it makes sense that even the most capable individuals have experienced major health reactions, relationship conflicts and complete mental shutdowns.

When an entrepreneur starts to freak out, the first step to take is simply recognizing when extreme stress is beginning to take hold. By acknowledging it early, you are better able to gauge the seriousness of the episode and take steps to right the course. Common signs of stress include feeling angry or panicked, procrastinating, losing sleep and getting lost in negative thought patterns.

Once you’ve identified your problems and symptoms, step back and observe your thoughts, feelings and reactions. Take the immediacy out of the emotion by going to the gym, taking a walk or enjoying a meal by yourself to get some space. Luckily, you probably will not be facing a life and death situation in your business. For many of us, stress reactions come from our own thoughts about a situation, not necessarily the situation itself.

By now you have considered best and worst case scenarios and consequences of your situation. Who can help you now, and what kind of recommendations do you actually need? Connect with a mentor or coach to discuss how you’re feeling. How do they interpret the situation? Have they been through something similar? Ask them. You will learn to appreciate how the perspectives of others can help you adjust your own expectations and lower anxiety.

Despite taking time to gather your thoughts and turning to a trusted mentor, it is possible the problem your business faces will continue. Therefore, before being swallowed up by fear, take action. Taking action may feel like an insurmountable feat, but inaction is far worse.

Start brainstorming and come up with a plan. When you’re ready to share, the key is being open with your team about the situation and how it impacts your people. As you address the changes, follow these best practices:

  • Let the stakeholders know the situation, including why it is serious and why changes must be made.
  • Don’t simply lay out the plan. Be sure to outline specific next steps and give assurances that action needs to be taken, despite the anxiety the changes may call for.
  • Show empathy and encourage respect and kindness for everyone involved.
  • Rally around the future of the company and how these changes help support the mission you’re all working toward.

Change happens. Challenges arise. Fear rears its head. Founders and CEOs will freak out. When it is time to make difficult decisions, remember there may not ever be one best way or one right answer. But founders can find relief from stress by acknowledging the issues at hand, talking to trusted people to gain new perspectives, facing the situations by taking action and being transparent with their teams.

 

greg head

Greg Head of Greg Head Consulting helps CEOs and executives from growing tech companies hone their focus to grow successful businesses. For the last 25 years, Greg has helped grow three software companies – ACT!, SalesLogix and Infusionsoft – into global businesses and brands in President and CEO roles. His professional passion is helping entrepreneurs create wildly successful businesses so they can do big things, change the world and have a great life. You can find Greg on Twitter at @GregHead.



from Young Upstarts http://ift.tt/2ow87ti via website design phoenix

Why And How Your B2B eCommerce Start-up Should Work On Having A Strong Sales Team

laptop online shopping cart

In the world of e-commerce, online sales are the bread and butter for firms of any size. Any aspiring start-up company wishing to survive in the competitive e-commerce industry must establish itself fast, and make its presence known. Gogoprint, a leading Southeast Asian online printing company founded in late 2015, has been working hard to do just that in Thailand, Malaysia, and Singapore. We spoke to Gogoprint about customer acquisition processes, and in particular the importance of sales teams for B2B-oriented e-commerce.

Each individual market differs in many ways, bringing up the challenge of determining appropriate ways to spur sales and find new customers in order to create revenue. For this purpose, traditional e-commerce websites rely heavily on marketing, especially CPC advertising and SEO. However, if you’re a B2B e-commerce start-up, a well-oiled sales team has the potential to contribute strongly to your bottom-line. This is especially true if you are gunning for fast growth.

In many cases, the backbone of B2B e-commerce start-ups is a strong sales team. By sales team, of course, we understand a team of employees that have just one goal: finding interesting prospects for the business, and closing them. In addition to closing deals, a dedicated sales team ensures that relationships with customers can be closely maintained and nurtured. This sales team needs to be driven and heading into a clearly set-out direction. Of course, finding the right people for the right job is a central yet hard task, especially in a fast-paced start-up environment.

In Southeast Asia, companies often run into 2 barriers when it comes to doing B2B business: trust, and the role of pre-existing relationships. Trust is often a big barrier to business in Thailand for example, especially when it comes to businesses that are based online, as companies tend to favour established, well-known suppliers. Furthermore, many companies tend to already have close ties to their existing suppliers, which will make it more difficult for them to switch to your service. This is exactly what makes the lives of start-ups so difficult, and it is why you need a sales team if your product/service has a strong B2B component. Your start-up’s sales team can work twice as hard to convince businesses to make the switch and try an a new alternative to a product or service. As a positive spillover, big brands acquired with the help of your sales team can serve as strong trust generators for the online-component of your business.

Setting up a sales team sounds easy-peasy, but getting it to perform and pay for itself is another story altogether. However, it’s a challenge that B2B e-commerces need to take on head first, says Gogoprint.

To maximise efficiency, it usually makes sense to split your sales team into “prospectors” and “closers”, which will assume different but clearly defined responsibilities that make up the sales process. On the one hand, prospectors will be in charge of identifying and reaching out to potential new customers. On the other hand, prospectors will be in charge of handling quotations for interested prospects as well as closing the deals and managing customer relationships after the first deal.

To ensure the success of your sales team, a lot of elements play an important role. As you grow, it is crucial to seamlessly integrate company processes in order to have your team focussed on the most important tasks at all times. First, prospecting activities must be closely and accurately tracked in your Customer Relationship Management tool (with clear segmentation of companies, and their categorization into different interest-levels and potentials). Second, deals and follow-up activities also need to be tracked and documented very precisely from the closing team’s side. This will ensure that the team can focus its attention on the highest potential and important deals. Third and last, since you are an e-commerce with a strong website, companies and/or company representatives will unavoidably find your website if they are looking for the service you offer. What is crucial is that you design a way in which you capture these B2B customers, in order to feed them into your CRM as well. Your prospecting team can then reach out to them, and your prospect acquisition loop is thusly closed. For instance, you could issue a coupon to customers that fill in certain information (such as their company name, tax ID, etc.).

For prospecting, first impressions are extremely important, so it is key that your prospectors leave a professional impression. It is crucial that you design a well-practiced pitch with your unique selling points and differentiators. It is also important that your sales team knows how to react in case of specific customer reactions. The job of a prospector is tedious, with most calls ending in no new sales.

If however, the prospector is successful, the customer is forwarded to a so-called ‘closer’ from the ‘Closing Team’. Closers are specialists in closing deals, they are well-informed about all the variations of your products and also must have strong interpersonal and customer-service skills. Closing a deal isn’t the hardest part, keeping the customer happy and coming back for more is the overall aim. This is where ‘key account management’ comes into play, not only do closers settle new deals with new customers, but they must also maintain a healthy relationship with existing customers. This requires regular follow-ups with customers who may not have ordered in a while to ensure they still know know that your company is here and can offer great products at rock-bottom prices.

Even though it might all seem basic and easy, implementing such a strong structure in three very different markets (Thailand, Malaysia and Singapore) like Gogoprint did, is by no means a walk in the park. It takes a very detailed sense of what customers want and need, and how to best approach and maintain healthy relationships with them. Extensive trial-and-error will teach you and your team which approaches work best, which depend on the industry that you operate in as well as your target audience. Furthermore, once your sales pitch and reach-out approach are on point, the integration between all sales process must be increasingly tight as you grow.



from Young Upstarts http://ift.tt/2oKZBmr via website design phoenix

Tuesday, April 25, 2017

How To Be A Great Leader

by Ross Kimbarovsky, founder of crowdSPRING

Colleagues Applauding Senior Businessman

Many people confuse leadership and management. They are not the same.

As you build and lead your teams, how can you ensure that you don’t suck as a leader?

During my career, I’ve worked with a few remarkable leaders and managers. I’ve also worked with many who were average or even worse, mostly ineffective. Here are 5 tips to help you succeed as a leader:

1. Understand the difference between being a manager and a leader.

If you’ve been studying how to be a great boss, you’ve probably seen a lot of advice on how to manage people, but little on how to lead them.

Unfortunately, many people confuse the two concepts. Seth Godin, in his book “Tribes“, explains the difference:

Management is about manipulating resources to get a known job done … Managers manage a process they’ve seen before, and they react to the outside world, striving to make that process as fast and as cheap as possible. Leadership, on the other hand, is about creating a change that you believe in.

My thesaurus says the best synonym for leadership is management. Maybe that word used to fit, but no longer. Movements have leaders and movements make things happen.

Leaders have followers. Managers have employees. Managers make widgets. Leaders make change.

Peter Drucker famously summarized this when he said that there’s a difference between doing things right (management) and doing the right things (leadership).

The most successful companies (and leaders) make sure that there’s a balance of good leadership and good management. Strong leadership without strong management can result in chaos and inefficiency. Strong management without strong leadership can result in tunnel vision and paralysis.

2. Lead by example, not by title.

The most remarkable leaders share one common and important trait and it isn’t their title.

True leadership is earned through respect, admiration and trust from the team. Calling yourself a CEO doesn’t make you an effective leader. Writing a mission statement that you ignore in your hiring and firing decisions doesn’t make you an effective leader. Being someone’s boss doesn’t make you an effective leader.

True leaders lead by example, not by title.

Steve Jobs explained this another way: “you have to be run by ideas, not hierarchy.”

Leadership by example is especially important when you’re hiring the best people who often are smarter than you are at the tasks you’re asking them to do.

In fact, the real leader on a team sometimes isn’t even the person with the title.

When most people on a team tend to approach the same person for help and input, when the team quiets down to listen when one person speaks, when it’s clear one person has nearly everyone’s respect – those are all signs of leadership. Ultimately, someone else on your team may have assumed an implicit leadership role and it’s up to you to decide whether to formalize that change. Only the true leader can allow such a change to happen.

Often, ineffective leaders will try to hold on to power and refuse to let anyone else lead. They’ll micro-manage, question everything, and frustrate their teams to the point when people start leaving. The smartest leaders will accept that their personal vision should take a back seat to allow the vision of the person who’s become the de facto leader of the team to move forward.

3. Remove obstacles for your team.

One of the most important things you can do to empower your team is to remove obstacles that stand in their way.

Whether you run a startup, small business, an agency, or a Fortune 1000 company, your team is encountering daily obstacles that often make it impossible for the team to efficiently move forward. For example, your team might not have the right resources (funding, people, technology), might be waiting for approvals (from you or others), or might not have a clear direction.

Let me share two short examples from my own experience to help illustrate why this is important.

More than a year ago, we had some management changes at one of my companies and I ended up working more closely with a team that had been led by someone else.

In the first several days after this transition, I talked to every person individually (I favor walking one-on-ones and we ended up walking around Chicago and talking for an hour).

There were many issues for us to discuss, but my most important goal was to identify obstacles. I asked each person to tell me the three biggest obstacles they faced during the prior year. Each of these conversations took place in the morning. Before noon the same day, I worked to remove each of the obstacles. This not only empowered the team, but encouraged them to be proactive and get in front of potential issues that could block progress.

I learned that the team was afraid to mention obstacles to their boss because they were largely ignored. So rather than being proactive about removing obstacles, the team had become apathetic.

How can you remove obstacles for your team?

Here’s what I do with my senior people on a weekly basis. We have a short (typically walking), one-one-one where we discuss the results from the prior week and the key goals/initiatives for the coming week.

The most important question I ask each of them (in advance of our meeting) is how I can help them to do their job better. This is their opportunity to identify blockers/obstacles and to get ahead of potential problems before they happen. The single most important thing I can do as a leader after each meeting – and I prioritized doing this – is to solve (or begin solving) each obstacle.

Some of you might hesitate to reset your priorities for the day to focus on removing obstacles. After all, the things you planned to do might be important and you feel that it’s inefficient to interrupt your planned workflow.

But this type of thinking can be a trap. Howard Tullman, CEO of Chicago’s 1871 and a respected entrepreneur and leader, explains:

The best entrepreneurs try to steer a steady course forward through constantly changing and challenging circumstances. They are fiercely protective of their time and they try to keep anyone else from controlling their calendar or their inbox. (See Slow Down, It Might Save Your Business.) And they do have one more trick in their bags that makes all the difference. They know that they don’t have to finish what they start. And you don’t either – at least for right now.

They don’t worry so much about square corners, neat piles and getting everything done exactly on time and to a T– they’re focused on paying attention to what’s most important for the business in the moment and that always taking precedence even if other tasks get left undone. Punctuality is much less important most of the time than productivity. It’s a given that there’s never enough time to get everything done and done well. Part of the trick is to understand that not everything worth doing needs to be done to perfection. Good enough is often good enough and some things, left to their own devices, will even take care of themselves.

4. Praise your team and don’t steal the spotlight.

Smart leaders surround themselves with smart(er) people.

If you aim high and find curious, trustworthy and reliable people, you can set a high-bar and people will be willing to take big risks to achieve big results. Just look at what Elon Musk has been able to accomplish with Tesla and Space-X.

Leaders that suck make one common mistake – the steal the spotlight from their teams. Your job is to inspire, teach, motivate and to help others succeed. You’re a conductor of the orchestra, not the lead violin. Leaders who forget this and who want to always be a star with the spotlight constantly shining on them, choke their team’s productivity and mood.

This is true even if the amazing idea your team just released was your idea. You weren’t the only person to execute the idea and you shouldn’t be the only person receiving credit.

In fact, sharing credit builds trust. Roderick Kramer, a social psychologist at Stanford writes:

Leaders can beneficially exploit this phenomenon to build trust by being out in front of the organization’s decisions, says Kramer, so that when good things happen, people recognize that the leader was in charge of the process, even though he or she might share the credit. “And there’s a little bit of evidence that suggests that when leaders are generous at sharing credit, they actually are more trusted,” he says. “It shows that they are fully confident.” Likewise, demonstrating confidence by admitting full responsibility when something goes wrong — even if the leader wasn’t fully responsible — can in some cases enhance a leader’s reputation.

5. Provide and receive regular, real-time, constructive feedback.

A small but growing number of established U.S. companies, including General Electric, Gap, Adobe and Accenture, have started to replace (or in some cases, supplement) traditional end-of-the-year performance reviews with more frequent conversations and real-time feedback. Successful startups and small businesses have been doing this for many years.

When employees are passionate, they’re engaged and productive. But unless you have a way to easily measure passion, you should make it a habit of talking with your teams on a regular basis, to offer and to receive realtime, constructive feedback.

If you wait until the end of the year to offer feedback, you’ve failed. After all, one of your jobs as a leader is to help each person succeed. You succeed only when they succeed. To help each person succeed, you need to know their goals and values.

Here’s why real-time feedback is important: there’s not an organization or person on Earth that doesn’t make mistakes. I’ve made far more than I can count.

Failure is rarely permanent and you should be sure that your team groks this.

In fact, you should encourage your teams to reach farther and to not be afraid of making mistakes.

But teaching people not to fear failure is not the same thing as teaching them to succeed. After all, when you see people making the same mistake over and over again, that’s a sign that they don’t understand how to do something and an opportunity for you to help them.

If you provide and receive regular, real-time, constructive feedback, you’ll empower your team to take risks and will also be more willing to take such risks yourself.

You are probably already giving some form of regular or semi-regular feedback, but for the longest time, I failed to understand one very important element that makes such feedback useful and valuable: listen more than you talk.

Far too many people think review time is a time to talk. It’s not. Review time is a time to listen. The conversation should always be two-way. Invite your employees to talk about their accomplishments and struggles. Invite them to talk about their work and personal goals for the coming year. Ask them if they’re happy with the work they’re doing and the people around them (you’d be surprised how many people are afraid to ask this question). Ask them how you can do better.

 

ross kimbarovsky

Ross Kimbarovsky is founder and CEO at crowdSPRING and Startup Foundry. In 2007, Ross left a successful 13-year career as a trial lawyer to pursue his dream of founding a technology company (in part so that he could wear shorts and sandals to work every day) by founding crowdSPRING – one of the world’s leading marketplaces for crowdsourced logo design, web design, graphic design, product design, and company naming services. You can learn more in his e-book.

 



from Young Upstarts http://ift.tt/2pgMbj3 via website design phoenix

3 Basic Contract Clauses You Should Never Forget To Include

contract shutterstock

by Anand Srinivasan, founder of LeadJoint.com  

As a business owner, your focus and specialization lies in convincing potential clients as to why they should choose you to resolve a specific challenge they face. Yet, many small firms and private contractors make the mistake of immediately going straight to work once an agreement is reached without creating a legally binding contract that spells out the exact terms and conditions of their relationship. More than anything, a contract lets you set and manage expectations in order to assure a high-quality service while simultaneously minimizing the risks for potential disputes that may ruin your reputation or even lead to legal complications.

Contract creation may seem like a daunting task. However, it’s not always necessary for it to be a process requiring input from a team of lawyers or needing multiple drafts to reach a compromise between two parties. Digital solutions like electronic contract management systems have made it easy to create and manage business agreements for cheap. Despite this, it’s critical that these digital contracts mention at least your billing structure, scheduling, and contract length for them to be effective.

1. Billing Structure.

Information related to payment and cost of your service is often the greatest point of friction when it comes to onboarding new clients. To safeguard yourself from potential payment-related headaches, it’s important to have a detailed payment structure that you and your client agree to abide by. This protects you from mismatched expectations and also has a written agreement about the kind of payment channels you will be making use of and how frequently the payment will be made. Also, don’t forget to include a clause on potential penalties in case of late payments. Most contracts include a grace period for clients to make late payment after the receipt of an invoice and are generally associated with a late fee or interest. Failure to pay after the end of a grace period could invite legal action. This incentivizes clients to make timely payments sooner rather than later.

2. Scheduling.

The contract needs to make a note of your availability in clear terms. You should set clear boundaries as to when you are held liable for communication and when you are expected to work.This way, the clients will know when to reach you and also protects the service provider from potential abuse. Ideally, you may want to be as specific as possible with respect to the start and finish dates. Your contract may also want to define the tasks to be completed and the potential milestone dates when goals are to be met. It is also a good idea to specify overtime charges in your contract.

3. Length of Contract.

If you’re drawing up a contract for a quick one-time project, you probably do not want a client to expect you to work beyond the scope of this project. In case they are interested in continuing the relationship beyond the specified duration, you may also include the terms and conditions for the renewal process. If you already have a lengthy contract in place, it is recommended that you include conditions for early termination in which you describe the process of how a contract can be canceled.

If you’ve included these basic elements in your contract, you can confidently e-sign away and expect projects to run smoothly. After all, the last thing you want is have your attention diverted away from providing a great service and towards clarifying issues.

 

anand srinivasan

Anand Srinivasan is the founder of LeadJoint.com, an online lead generation tool for digital marketing agencies. He is also a part-time marketing consultant and has previously worked with some of the most promising Indian startups.



from Young Upstarts http://ift.tt/2osF0XS via website design phoenix

Spotting Good Storage Solutions In Manchester

storage warehouse

There are a lot of storage solutions out there and it is quite understandable how people could get confused as to what the differences are between them or which is better. If you need storage in Manchester, there are numerous competent solutions of similar value, like M60 Storage for example.

More than likely, that won’t be enough to convince you so here are some of the things that Manchester’s many excellent storage solutions excel at and why they are worthy of your business.

Flexibility.

A good option provides storage solutions for all sizes, making it very flexible and convenient. Not every customer is looking for the same accommodations, so why serve them all the same thing? Customers have their pick of storage with many options ranging between 36 and 160sq ft, but also 200sq ft of indoor storage room. The biggest such arrangement has 413sq ft. The offer is even sweeter once you learn that there are no commitments involved. Those afraid of renting storage because they are uncertain for how long they will need it or afford it should know that storage is provided under a monthly fee. Paying by the month with no commitment means customers can walk away whenever they want, after only paying for what they used.

Affordability.

Affordability is a key element when it comes to any service or product. There are a lot of storage suppliers that will inject hidden costs into their offer so they can squeeze more profit. However, there are also many companies that don’t abide those practices and stay clear of such things. They pride themselves with a very affordable storage offer with numerous unit sizes. This will make sure that every storage need, big or small is taken care of. The deposit for the storage unit is the only additional payment required, and it is £50.

Security.

Security has always been and will continue to be a prime concern in any trade. Making sure that your valuables are safe is just common sense and any good storage supplier provides great security solutions. The storage locations come with 24 hour surveillance, meaning that there will be no moment in which storage won’t be observed and protected. There is also a very intricate alarm system in place which adds another layer of protection. However, it won’t be needed probably until wrong doers get past the electric entry gates. The compound is well laminated near its entrance (singular) and is well guarded at all times.

Ease of Access.

A very important characteristic is how fast and efficient you can get to/leave the storage compound. Regardless of which location you choose, ease of access is guaranteed as all locations are at ground level. What’s more than that, they are street connected and driving along wide roads only requires you stop and load/unload your cargo or storage material. There are many locations available throughout Manchester and the neighboring regions, making it very easy to find a good storage solution in a convenient proximity to your personal point of interest.



from Young Upstarts http://ift.tt/2q1xUXe via website design phoenix

Make Your Move With An MIS Degree

virtual data room

It’s becoming increasingly apparent that advanced education is a tool to help professionals in many fields enter or move upwards in their careers. While your resume or curriculum vitae should call attention to your work skills and experience, having certain kinds of schooling can either give you the edge you need or significantly boost your chances of landing a lucrative job. Specifically, computer and information systems professionals can look forward to quickly growing employment prospects within the next decade.

If you’re considering changing careers or pursuing management opportunities, now may be the time to pursue a management information systems degree.

Future Employment Prospects Look Promising.

A survey of the Bureau of Labor Statistics’ Occupational Outlook Handbook reveals impressive employment growth and salary possibilities within the field. For example, the median pay for computer and information systems managers in 2016 was $135,800 annually, according to the BLS. Moreover, new jobs are expected to increase until 2024 by about 15 percent, which is faster than the average of 7 percent for all fields.

Several factors are expected to play into the demand for more MIS managers and professionals. For one, more businesses are expected to move to digital platforms and tools, including those for payment processing, enterprise-wide management, content delivery, shipping, commerce, security and file storage. Cloud computing is also anticipated to be a huge factor in pushing up the need for more qualified specialists, particularly as many business processes shift to the cloud to take advantage of cost-effectively increased capacity.

Unsurprisingly, the retirement of older workers may open up vacancies for their job hunting counterparts. Having the skills and training necessary, as well as keeping pace with new and quickly changing innovations, is a key way in which to take advantage of these trends. The BLS notes that companies often find the prospect of hiring candidates in the field challenging, as there appears to be a lack of skilled professionals for many positions. The shortage of MIS specialists plus more open positions equals greater opportunity for those who can leverage their skills, experience and education.

Multiple Opportunities Available at Many Pay Grades.

Payscale.com disclosed a positive trend in salaries for workers possessing at least of bachelor of science in management information systems. For example, an IT project manager is usually paid around $80,000 per year. As these professionals shift upward into management roles, the pay begins to increase. IT managers earn around $124,000 per year, and higher figures are possible depending on past experience, the roles one assumes in an organization and the industry.

Women Are Needed in the Field Now More Than Ever.

In 2016, Deloitte released the results of a survey of women in the IT field. They proved to be rather eye-opening, especially in revealing the issues that women face as IT professionals. While encouraging gender diversity in the industry may be needed intensely for girls in primary and secondary school, women currently in the field also deal with challenges in fair hiring, promotion and treatment in the workplace.

If you’re in this position, it might be worthwhile to consider advanced education to beef up your resume. For example, you could opt to get a masters in MIS from UAB (the University of Alabama at Birmingham). Enhancing your educational background may help you craft the perception of you as an indisputably qualified applicant. Meanwhile, Deloitte disclosed that changes must be made in the field regarding opportunity, gender-based assumptions and dealing with the “bro-gamer” culture prevalent in many IT workplaces.

More Education Is a Strategic Career Choice.

Making yourself stand out from the pack of applicants is vital if you wish to advance your career. While entry-level salaries in the MIS field are certainly impressive, and a bachelor degree does grant opportunities, a graduate degree is an optimal addition to anyone’s resume. Distance education can allow you to achieve your goal without interrupting your career for full-time schooling.



from Young Upstarts http://ift.tt/2q1u4O2 via website design phoenix