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7 Tips for Writing Faster Client Proposals

7 Tips for Writing Faster Client Proposals

For a business owner, putting together client proposals or customer quotes (whichever applies to your industry) can feel like the bane of your existence some days. If you invest way too much time and energy into your client proposals, that’s time you’re not spending on doing actual work. Moreover, on the chance that client chooses to work with a different business, your time was a complete wash.

So how can you streamline your proposal process? Here are a few tips I’ve picked up along my entrepreneurial journey that allow me to put together just about every client proposal in an hour or less.

  1. Use a standard template.

While every proposal will (and should) be unique, you will save a lot of time and headache by developing and following a standard template. More than just consistent branding, a standard template will guide you with what information to include where. As you build an archive of past client proposals, you can pull entire sections from these, especially if you’re proposing a similar package of services.

  1. Scope the client’s desired services in the first meeting.

During my first meeting with a client, I leave with a pretty well defined scope of services. That’s very intentional on my part. With a narrowed focus on what my client wants, I can quickly and efficiently put together a proposal and email it to them same-day. I’ve found that producing a proposal on the same day of our meeting keeps the momentum going and often leads to a signed contract within a day or two.

  1. If the client doesn’t know what they want, charge to tell them!

If you find yourself in a meeting with a client thinking “They have no clue what they need! Where do I start?” this is a good indication that the first thing you give that client is a strategy. And by give, I mean get paid to create a comprehensive strategic plan. Working with a client to map out their strategic plan will help you see if you work well together. You will also prove the value of your work while outlining the scope of your services moving forward.

  1. Don’t put a price on anything until you agree upon scope.

This is the third point to focus on the importance of scope. Do you get the picture why it’s so important? If not, let me give you one more reason to consider. Say you create a large proposal for a client, throwing in stuff you didn’t talk about and you’re not sure they really want. You put a final price on it and send it over for review. Then the client comes back and wants you to take out what they feel is about “half” of the services and then wants you to also cut the price in half. This could put you in a really tough position!

Maybe the half they removed consisted of the less time consuming services, so it’s not really an even split. Maybe you gave them a slight discount considering they were going to purchase a larger block of your hours. Now you’re in a sticky situation. You either take the work for less than you would like to charge or have to explain to your client why the price is higher than they feel it should be.

Avoid all of this mess by providing your client with an “idea proposal” for them to first prioritize the exact services they are interested in having you quote. Then quote away! You may even consider breaking down the total price into line-items so if your client should wish to remove a piece of the proposal, it’s clearly marked how this will impact the total price. Which brings us to the next point…

  1. Break down the proposal into small line-items and let the client pick and choose.

If your client has a limited budget, but you still want to showcase the full scope of services you can provide, consider quoting the services out as smaller line-items. For example, a client asks for your help with a direct mail piece and new marketing materials, but you know they desperately need a new website and social media overhaul. Include these extra pieces in your proposal so they can see what each will cost.

I most often see one of two things happen. The client is pleasantly surprised by the price and decides to add the extra services in right now or they create room for it in their business’s budget and come back a few months later to complete the extra work. Whether it’s now or later, it is extra business you may not have gotten unless you presented it!

  1. If the client’s deliverables will vary each month, simply sell blocks of your time.

For a few of my clients, their strategic communication needs ebb and flow from month to month. One month we might focus all of our hours on a single, large project. The next month there may be several smaller projects that take up our time. For these clients, I simply sell them a block of hours that they can apply however they wish. If an urgent project comes up, we can shift the focus of our monthly hours or they can add hours to their retainer. The best part is that presenting this option is a very simple proposal to put together! I show my standard hourly rate and then the various discounts per hour they will receive based upon the quantity they pre-purchase.

  1. Put a 30-day expiration date on all proposals.

Finally, I highly recommend placing an expiration date on all of your proposals. You can determine how strict you want to be, I personally say 30 days from the date the proposal was delivered. The benefit of doing this is two-fold. First, you add a sense of urgency for the client. They realize that if they wait beyond that 30 days, you may take on a different client in their place and no longer have the bandwidth to accommodate their work. This results in closing the contract sooner. Second, you reserve the right to issue a new proposal once that 30 days has passed. If there is higher demand for your time, your price will likely increase. This is a standard practice many industries use and you should too!

To bring it all back together, the key to writing faster client proposals is to be efficient and strategic in your first meeting with the client to leave with a prioritized list of what they want. You also want to develop a standard template, use pieces from past proposals where applicable, and be careful about how you structure your pricing so that you don’t back yourself into a corner. Finally, protect your time and add a sense of urgency to your proposal by setting an expiration date.

What tip for writing faster client proposals did you find most helpful? Or do you have another tip to share? Join in the conversation by leaving a comment!

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Posted by on November 20, 2017 in Business & Success

 

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9 Tips for Planning a Successful Golf Outing Fundraiser

Golf ball

If you’ve ever planned a golf outing fundraiser, you know they can take up a lot of time and resources. However, they can also help your organization raise a good amount of cash…that is if you’re smart about it.

I’ve personally seen golf outings net tens of thousands of dollars in a single day, and others that seem to barely break even. The core differences between these two extremes can be boiled down into nine pieces of simple event planning advice.

Check out my tried and true tips for planning a successful golf outing fundraiser!

#1 Choose a golf course who is flexible and reasonable

Hopefully you have the power to choose among several golf courses. While yes, you want a course that people desire to golf, from the event planning perspective, you also want one that is flexible and reasonable with how the handle their golf outings.

Most recently I worked with a course that allowed us to bring in our own breakfast foods, coffee, beer and beverages for golfers to stock up on before hitting the course. They also provided catering on-site for the picnic afterword that was extremely affordable. While I gave them an estimated headcount, they only charged us based upon who actually showed up that day. Now that’s service! This level of flexibility may not be possible for everyone to find, based upon your location, but at least go in ready to negotiate!

#2 Coffee and donuts go a long way

If you can find that course that allows you to bring in coffee and donuts for your outing, do it! I’ve seen firsthand as to how this small gesture really welcomes your golfers and encourages them to stand around and chat with each other before hitting the green.

Especially if you’re planning a golf outing when whether tends to be cooler, a warm cup of coffee is more welcoming than a hug (and I don’t recommend you hug each golfer upon arrival). So, take the extra 20 minutes to grab a few dozen donuts and boxes of coffee. It won’t go unnoticed. Extras? Offer them to the golf course staff. Another win!

#3 Sponsorships, sponsorships, sponsorships

If this isn’t the first golf outing that you are planning, then you already know that sponsorships are really what make or break the event. Long before the day of golf arrives, you should have a pretty good amount of money committed to your outing by way of sponsorships.

Commonly, you’ll set various levels of sponsorships from Gold-level down to holes sponsors. Basically, make your sponsorship packages so attractive that no business sends a single golfer, but always sponsors a hole and a foursome (or more). Be sure to clearly communicate all the marketing benefits they’ll receive and make good on your promise.

What I’ve seen to be most effective is finding the person who has a personal connection to the business to make the sponsorship ask. Engage your board members (if you have them) to lend their hand in this way. Shooting off a few emails from the right people can result in thousands of extra dollars for your organization.

#4 Ask golf companies for charitable donations

Next, do your online research and compile a list of local, regional and national golf companies that offer charitable donations or sponsorships. You’ll be surprised by how many do! For example, you can request a free copy of Golf Magazine to give out to your golfers in their swag bags. Or Dixon Golf will send a rep along with a ton of free giveaways to enhance your outing with contests and prizes. Be sure to send in your charitable requests early. Some ask as much as 6 months in advance. This will also give you a good indication of what you can count on and where you may need to supplement your giveaways and door prizes.

#5 Sell Mulligans

At registration, be sure to hit your golfers up for a little extra cash by selling mulligans. I’ve found the pretty much every single person will buy them! For example, if you sell a mulligan for $5 each and each golfer in a foursome purchases 4 each (believe me, if one does they all will), then you’re standing to make an extra $80 in cash per foursome. The benefit to the golfer? A mulligan is a second chance to perform an action, usually after the first chance went wrong. Essentially, the golfer is allowed to replay a stroke (even though this is against the formal rules of golf). Hey, it’s earning money for a good cause, right?

#6 Everyone loves free stuff

So we’ve talked about the free donuts and coffee and anything else you might get donated from golf companies. Don’t forget about providing a bag of snacks and other small items for golfers to load up on before hitting the green. Prepack a small bag of items like crackers, chips, trail mix, granola bars, non-meltable candy and gum. You can also put any of your organization’s marketing materials into these bags to ensure they’re received. Golfers will always appreciate a new sleeve of golf balls, tees, a t-shirt or hat. Know your audience and what they would most likely appreciate and focus your budget on these items.

#7 Cash is the best prize

Are you struggling to think of what the winning foursome, closest to the pin golfer or longest drive golfer will appreciate as their prize? Keep it simple for everyone and give out cash. This way, the golfers can put that money toward what they really want and need and aren’t stuck with something they’ll just look to give away. There’s no lack of use for cash! Plus getting out cash from the bank is the easiest gift shopping you’ll ever do.

#8 Run an efficient agenda

A golf outing is a long day for everyone. No matter how you slice it, a round of golf will pretty much take four hours. When your golfers come off the green, they’ll be tired, hungry and starting to think about hitting the road.

As part of your outing, you’ll likely want to provide them with an afternoon picnic or evening dinner. Plus this is your opportunity to share news and updates about your organization and bring everyone together one last time before saying “see you next year.” My advice is to run a very efficient agenda to keep people engaged. This means have the food ready to go as soon as people start filtering back in. Buffets are great because those who arrive first can get a head start and you aren’t waiting on the stragglers. Then, when most are seated and eating, kick off the program portion of your event. Announce the winners, draw the door prizes, make your announcements and share your thanks for those who helped to make the event a success. If your event gets the reputation that the dinner runs long and dry, more and more people will start to skip it altogether.

#9 Follow-up with unpaid sponsors and golfers

Finally, and most importantly to making your golf outing fundraiser a success is collecting 100% of the funds people have committed to you. You’ve paid all your invoices, so your golfers and sponsors need to make good on theirs.

Wait until after the golf outing, so that you can see who arrives with checks in hand, and then start your follow-up on unpaid accounts right away. Usually a friendly reminder email is all it takes, but sometimes it will take several forms of follow-up from phone calls to mailed invoices. This I promise you, if you don’t follow-up you will never have 100% of your commitments magically role in. Yes, it’s a pain, but when an email can ensure you get an extra $1,000 – do it!

Have you planned a golf outing fundraiser? Share your biggest challenges or secrets for success by leaving a comment below!

 
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Posted by on October 30, 2017 in Business & Success, Life

 

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How to Create the Job You Want

hand drawing cloud network

Now entering my seventh year of managing my own Public Relations firm in Harrisburg, Pennsylvania, I’ve learned quite a few things about creating the job you want.

I was fortunate to have the realization early on in my career that my dream job didn’t exist. If I wanted it, I had to create it. So I did. That sounds simple enough, but I will be the first to tell you it was anything but simple or easy. That’s not a reason to continue with a job you dislike, if anything it should be motivation to buckle up for the wild ride of entrepreneurship, if you feel this is your calling.

Maybe you’re ready to take the leap, or maybe you’ve only just begun to wonder what being an entrepreneur could look like for you. No matter where you are on the journey, let me offer you some advice on how to begin creating the job you want.

Confirm it doesn’t already exist

Do your research! Does the job you want already exist? It’s possible your current company or another company offer a role that’s close to exactly what you want, but you just need to work to get there. That’s great! Establish a plan for how you you’re going to move toward this role. There’s no need to take on the added stress and complication of trying to recreate your dream job if it already exists.

In contrast, your research might confirm that your dream job is something so unique you must forge ahead as an entrepreneur to create it. Knowing that no other job currently out there matches the job you want should give you inspiration and drive to move forward with the career of self-employment, because not doing so would mean compromising your dreams.

Get real about what you want

Okay, so you have a clear understanding of whether the job you want already exists or whether you need to create it. Now it’s time to be honest with yourself about what makes this job so appealing to you. Is it the expected pay, flexible work schedule, power, purpose, fulfillment or something else? If in this process you discover the job you want is really centered on a perceived salary or title, this should be a red flag that maybe your priorities are a bit skewed.

Entering entrepreneurship is not for the faint of heart, or the mildly committed. To be a successful entrepreneur, you must want it with every fiber of your being. You will never stick with it long term, through the highs and lows, if you’re only in it for the pay or power – those don’t come for many years, if at all. Get real about what you want out of your dream job and check your priorities again and again.

Then, get real about why you want it

Similar to the point above, once you know what it is you want out of the job you’re going to create, take it one step further. Ask yourself “Why do I want it?” If you can’t confidently answer this question, that’s another red flag that maybe you’re not cut out to forge your own career path outside of the corporate box.

While there are no “correct” answers to this question, the following answers are often good indicators that you’re entering entrepreneurship for the right reasons: I want to make a difference; I want to control my own destiny; I want to apply my passion toward a purpose; I want to maintain a better work-life balance. Be crystal clear about what you want out of your dream job and why you want it.

Talk with someone who has already done it

Next, I urge you to talk to someone who has created the job they wanted and have progressed along this career path for five years or more. They are going to be a wealth of knowledge to you as you consider creating the job you want. They can also help assess your business model, motives and drive to help determine if this is the right choice for you at this time in your life. If you find someone who really inspires you, ask them to mentor you on your entrepreneurial journey!

Develop your model

To create the job you want, you need a clear business model for how you’re going to make a profit. Are you selling a product or a service? Who are your target customers? How will you promote your business? What is your expected overhead? How can you minimize this, especially in the first few years? Work to clearly outline your business model, because you’re going to need it for the next critical step.

Test your model

Yes, you have to first test your business model to prove it works. A lot of business opportunities seem great in theory, but what if you’re answering a problem that doesn’t exist? Or what if you’re pricing model sucks? Fully commit to creating the job you want by fist doing a soft launch of your business to test the market. Is your marketing strategy attracting new customers? Can your friends or family offer constructive feedback? First testing your business model, and further refining it before your full rollout will help you present a more professional and polished first impression of your business.

Commit fully

This is the most important step in creating the job you want, and the biggest determination of whether you will fail or succeed. Will you commit fully to your dream? I said it above and I’ll say it again, entrepreneurship is not for the faint of heart. Daily you will experience, setbacks, uncertainties, crises, losses and criticism. If you are anything but fully committed, this will surely have you headed for the hills and back to the corporate world before you complete your first quarter.

Keep in mind that the first five years of running your own business is still its infancy. That seems like a long time, but if you’re in this for the long-haul it will be only a blip of the full history of your career. Don’t allow yourself to give up in those five years; push through. Think of it as a hike up a steep hill. Those first few miles really test your endurance. At times you will think it’s better to turn around before you’ve reached the top. But I promise you, if you can make it five years creating the job you want, you will see some magnificent views along the way and be rewarded with renewed strength and commitment to keep forging ahead, higher and higher.

What’s your dream job? How do you plan to pursue it? Share your personal career goals by leaving a comment.

 
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Posted by on October 9, 2017 in Business & Success, Life

 

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Tips for Writing Better, Faster Blog Posts

The first Monday of each month, I dust off a favorite post from the Bennis Inc Blog archives and give you another chance to enjoy the wit and wisdom that’s been shared. Enjoy this month’s treasure – and if it inspires you – be sure to share it with family and friends!


Tips for Writing Better, Faster Blog Posts

Blogging is more than just a popular pastime, it’s becoming an increasingly important part of brand building and business development. Whether you’ve committed to a daily, weekly or monthly blog, regularly fueling its appetite with quality content can feel like a looming task on your to-do list.

So often we don’t stay consistent with publishing to a blog because we feel it’s too time consuming. Before you throw in the towel – and risk losing all the benefits of your blog – begin with these tips for writing better, faster blog posts. The easier and less time consuming this tasks becomes, the more likely you are to find a good routine and stick to it!

Let’s take a look…

Keep a running list of potential blog topics

It can be challenging when you know you need to write a blog post, but you simply don’t have any ideas come to mind. You may waste valuable minutes trying to come up with a topic that doesn’t motivate you to write and the result is a painful writing process that leaves you frustrated and drained. Overcome this hurdle by keeping a running list of potential blog topics. You never know when an idea will strike you, but it’s not likely to be during an ideal moment to sit down and write. Throw the topic into a word doc and then come back to it when you’re prepared to take on this task.

Save a folder of photos and quotes for inspiration

Inspiration comes in all shapes and forms. You don’t even need to have a particular topic in mind, but so long as a photo or quote sparks your creativity, it’s worth keeping in a folder for future use. Then, when you’re ready to write, browse through this folder and see what new ideas come to mind. I love pulling from quotes for inspiration. Most importantly, take a new spin on a quote to make the blog post original.

Start with the title and closing question

Staring at a blank word doc can be enough to signal anyone’s writer’s block. Once I open a new document, I immediately slap a headline up there and also write the closing question (you’ll see these at the end of every blog post I write). This gives me an immediate sense of productivity and also helps to set the tone of my blog.

Outline your sub headlines

Once you have a main headline, continue to outline the core pieces of your blog post with the sub headlines that shape the flow of your article. Many of my posts are lists of some sort, so I use this step to establish how long my list will be and what it will include. This helps me to visualize the full scope of the blog post and ensure I’m not missing any major components.

Leave your intro for last

You read that right. I’m suggesting you write everything else about your blog post then go back and do your introduction. This may seem backwards, but once you do it a few times you’ll see the major time-saving benefit. Once you have written all the other content within your article, you will have a better understanding of how to “preview” your main points in the introduction. Starting here cold will take you much more time to gather your thoughts, plus what you write may not even be relevant by the time you are done shaping the rest of the blog.

Write it all out, then proof read

For this particular technique of “speed writing a blog post,” you don’t want to take any more breaks than is necessary. I know I’m personally guilty of stopping after reach paragraph to proof read my work before moving it. This is a sneaky procrastination trick that we often don’t know we are doing. My rule of thumb for pumping out a quick blog post is to write everything out as it comes to mind and then switch to my editor’s hat and proof read the entire article at once. This is much better for efficiency and should also result in better overall editing.

Write several blog posts at once, when the mood is right

If you find yourself particularly inspired or with a good chunk of time to dive into writing, don’t stop with one blog post! Keep writing as many as you can. Once your writing muscle is warmed up, it’s a great opportunity to stock pile some blog posts for the future. Pay attention to when your creativity and quality of writing may start to wane and call it quits for the day. But push yourself a little further to write more than what you were planning, should you have the motivation.

Short and sweet works for everyone!

Finally and most importantly, avoid the pitfall of making writing a blog post into a far more daunting task than it needs to be. I, too, can get longwinded at times and before I know it I have wasted 2 hours on a blog post that should have only taken me 45 minutes to complete. The end result is a longer, but not necessarily better article. I actively try to get my thoughts out in a paragraph or two per sub headline. If I find I want to dig deeper into that particular topic, I note it as a potential blog post of its own in the future. Trust me, everyone will appreciate a short and sweet blog post that gets straight to the point!

Do you struggle to write quick and quality blog posts that don’t consume too much of your time? Share your challenges by commenting below and I’ll personally offer you an answer!

 
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Posted by on October 2, 2017 in Business & Success

 

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How to Manage Work Flow While on Vacation

How to Manage Work Flow While on Vacation

I was fortunate to enjoy a very relaxing week earlier this month in the Outer Banks (North Carolina) with my extended family. There was more sun, surf and sand than what we could soak up in seven days! It’s not easy to coordinate many different schedules and all come together for a family vacation, so I wanted to make the most of the week and not at all feel tied to work.

In a traditional job, you get these wonderful things called “vacation days,” which you can use at your discretion and step away from all electronics without too many repercussions or guilt. As a business owner, and in my case a sole-proprietor, truly going off-line for a week can result in added stress and an increased workload leading up to vacation and immediately upon return.

Though entrepreneurs don’t really get vacation days, we also have no limit to how many we can take. Use this to your advantage! I’ve learned to let go of the idea that I need to completely step away from work to enjoy vacation. Rather, I practice these simple strategies for managing my workflow no matter where I am, so I can enjoy vacations and mini getaways all throughout the year – and you can too!

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Work ahead

When I know I’ll be dedicating less time to work during a vacation, I work ahead on tasks. For my most recent vacation, I had 60% of my September client work completed by the last week of August. Clients were happy to receive their social media plans, blogs, newsletters and other public relations strategies well ahead of schedule. In my experience, a happy client is a quiet client. I set myself up for a “free” week by working just one extra hour or so each day in the days leading up to vacation.

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Communicate early and often

The next key to success is mention and remind clients (again and again) that you will be on vacation. I think I started planting this seed a month or more out. When I would work ahead on a task or ask for quick feedback on something, I used this communication as an opportunity to remind them that I would out of the office. It conveniently worked out that my last day in the office before vacation was the first of the month, and also the day I send out invoices. With every email invoice, I included a note at the bottom reminding clients (one last time) that I would be away.

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Manage expectations

Along with communicating my vacation schedule, I was sure to manage expectations. I let clients know that I would be checking in on email about once per day and would address any urgent matters at that time. I personally feel it’s a little dramatic to say “I will have no access to the internet for the next seven days” if you actually will. Rather, I set an honest expectation that urgent matters would be addressed in 24 hours and non-urgent matters would be acknowledged and addressed when I got home. Giving my clients assurance that I wasn’t completely unreachable gave us both peace of mind knowing there would be no uncontrolled fires blazing while I tried to relax.

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Automate your daily tasks

During the seven days I spent chasing my kids around the beach and indulging in one-too-many treats, I published and promoted 3 blogs, sent out 4 e-blasts and posted to 17 different social media accounts combined 25 times. As I was working ahead, I created and scheduled these tasks to take place without my needing to click a button. WordPress, Mail Chimp and Hootsuite served as the employees I don’t have. Clients were impressed that their services went virtually uninterrupted for the week and I got to take the credit for “Working so hard, even while on vacation!” when it was simply work I put in ahead of time.

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Pick your poison

Finally and most importantly I stress that you have to pick your poison when it comes to managing work flor while on vacation. You can choose one of two strategies. You can choose to completely unplug, leave the laptop at home and turn off the wifi on your phone. Upon your return, however, you’ll have a tidal wave of emails that will flood your inbox all at once. Alternately, you can stay somewhat connected, check in on email about once per day and clean up your inbox a little at a time. Your first day back in the office won’t be nearly as overwhelming, but you’ll be giving up a few hours of vacation throughout the week.

While the second strategy requires staying somewhat connected to work, I’ve found that checking in now and again gives me the peace of mind to fully enjoy the rest of the day. The thought of not knowing what bombs could be hiding in my inbox when I get home leads to more stress and work-related thoughts than if I stayed in the know.

As much as you can script your email auto-response to say you’re going off the grid, as a business owner you know that’s not exactly realistic or responsible. Rather, consider setting aside a few minutes each morning to check in and reassure yourself that the world is just fine without you working today – then mix up a pina colada and enjoy the fruits of your labor!

What strategies do you use to manage your work flow when you take a vacation? Share your tips by commenting below!

 
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Posted by on September 25, 2017 in Business & Success, Life

 

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An Eye on the Crowd: Using Surveys to Build PR (Contribution from freelance writer Jenny Holt)

The following post comes to us from Jenny Holt, who transitioned from a corporate HR career into freelance writing. This article is based upon her experience using surveys to grow public relations efforts.


An Eye on the Crowd: Using Surveys to Build PR

Survey form

In today’s world, publicity is everything. There is a fierce competition in just about every sector, and consumers are getting more and more skeptical of new brands, businesses, and services. As a PR professional, this means it can be increasingly difficult to break through to the noise and establish yourself as a credible business. So, how do we remedy this dilemma?

Well, whether you focus your PR efforts are on B2B or B2C relations, having reliable data is imperative. One of the most efficient and popular ways to collect data is through surveys. However, while this method can be quite effective, many PR practitioners fail to utilize this tool effectively. To help you in your PR endeavors, below are some ways that surveys can help boost your PR campaigns.

Why You Should Survey Your Customers

First, let’s dive a bit deeper into why you should survey. The data collected from your survey can provide real-time analysis of your specific brand/niche, as well as provide insight into the customer’s thoughts and feelings, which in return allows you to build trust with the public. The data and insight that surveys provide are important because they give you snippets into people’s thought processes which produce mini “stories” to an extent. Stories are the backbone of the consumer-brand relationship.

An Eye on the Competition

While surveys are a great way to gather customer feedback, the strength of their ability to gather information on competitors should not be missed. Create a competitor analysis survey by asking your customers which similar products and services they use. This simple survey will not only help you identify your competitors, but also help you find out why they are getting a customer’s business. Alternatively, you can ask your consumers what they think you need to do to have a competitive edge over your competitors. Don’t forget to ask them about your strengths as well as your weaknesses.

An Eye on the Culture

Social media is one of the most dynamic fields out there. New trends and cultural movements hit social media intensely and often. Spotting latest social media trends is instrumental in getting the most out of your PR campaigns. Whenever you spot a new trend hitting Twitter or Facebook (and you should be watching), use consumer surveys to find out which trends your customers find attractive. This shift may not last too long, but gathering information quickly can give your PR campaign a cutting edge over competition.

How does your business utilize the power of surveys? Or where could you stand to make improvements? Share your thoughts on this topics by leaving a comment below.

 
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Posted by on September 18, 2017 in Business & Success

 

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7 Things I Will Never Have as a Business Owner

7 Things I Will Never Have as a Business Owner

While there are many advantages to being your own boss, there are also certain things you may never experience again (for the most part). Depending upon how you look at it, this could be a win-win scenario. Either way, now six years into running my own business, I’ve realized that there are a few things I will likely never have as a business owner.

A Day Completely Free From Work

The upside to running my own business, I can work from anywhere. The downside, I can work from anywhere. For this reason, my work followers me anywhere I have internet access. And even without internet access, it’s still on my mind. I’m not likely to ever go completely “offline” for more than a day, but that’s because I prefer to stay on top of my work and grow my business. When you’re passionate about what you do, you’re not always craving that next vacation!

Limited Vacation Days

Speaking of vacation, I can time off whenever I feel like it and as often as I want to. It still holds true that my work will be something I carry with me, but I doubt anyone feels too sorry when I’m checking emails from the Bahamas. Being a business owner is about balance. I can take unlimited vacation days, but I’m still responsible for delivering what I promised to my clients. Time management is key.

A Tax Return

I gave up hope a long time ago that I would ever see a tax return. As a business owner, I pay not only at tax time, but I pay quarterly throughout the year leading up to it. It’s important to point out that my clients don’t withhold taxes in their payments, so it’s strictly on me to make sure I am paying the fair and appropriate amount of taxes based on my income. Similar to having unlimited vacation days, I don’t expect anyone to feel bad for my tax situation. After all, if I’m paying more it means I’m earning more. But I have to laugh at the commercials that suggest I use my tax return for this or that. It’s been nearly a decade since the IRS wrote me a check.

Normal Work Hours

For better – and worse – I don’t have set “normal” work hours. It works out for the most part that I’m in front of my computer between 9 and 4, but there will be times I’m taking a 8pm conference call or I’m online at 6am to clean up my inbox. On the upside, I can also go offline for a couple hours in the morning to get in a work out, or in the afternoon to catch a nap. I’m so far removed from the concept of a 9-5 job that I doubt I would last long in that work environment again.

A Fixed Income

As a business owner, my income is anything but fixed. I have a meager paycheck I receive each month from my business for tax purposes, but I also receive distributions throughout the year however I see fit. Every year and every month, my income is up to me. I have to constantly and consistently satisfy my current clients and keep my pipeline full of new clients. In a crazy scenario, every client could decide to discontinue their services and I would be left at square one. On the flip side (and the more common scenario), I take on additional clients each month and grow my income.

It’s not common that many people can increase their monthly “salary” by a couple thousand dollars in a month by providing the same services they’re already providing to others. For this reason and many others, I love owning a business, and owning my income.

Someone Else Controlling My Schedule

Because no single client owns 100% of my time, they do not have control of my schedule. I remember my life prior to entrepreneurship where I would have someone slap a meeting or conference call on my schedule and so long as it was during normal work hours I had no leverage to push back. I had to stop whatever I was doing to be there. Now, when a client requests a meeting, they provide me with several options and I have the ability to select what works best for me. If I can’t make a meeting, my clients don’t know if it’s because of a work conflict or a hair appointment (or more commonly it doesn’t work with my toddler’s nap schedule). I control my own schedule and strategically plan my days to be efficient and convenient.

A Boring Day

As a business owner, there is no such thing as a boring day. Often the excitement comes from exceeding a client’s expectation or receiving a great lead for new business. Other times, “excitement” is the rush of an emergency or crisis that you have to resolve. Even if I carve a free afternoon to go offline from work, I’m not strapped to my office. I can run errands, do something relaxing or spend time with my kids. Every day and every email is different. The hours fly by and I wouldn’t ever want to return to the days of watching the clock!

Are you a business owner? Can you relate to some of the things I’ve mentioned or do you have an idea of your own to add? Share your thoughts by leaving a comment!

 
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Posted by on September 11, 2017 in Business & Success, Entrepreneurship, Life

 

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