Should I focus on just one niche customer group initially?

I have been trying to get feedback from my ideal target audience or nice but I am finding the group hard to reach. There is another target audience that could benefit from my service. I am not as passionate about that group but I think they may be easier to get feedback as I build out my business. Should I focus on both or only one?

 

I recommend that you focus on one niche. But I also want to caution on your method of reaching those people. If your method of reaching “people” is ineffective or flawed – then it doesn’t matter how many target audiences you go after. Maybe it’s not the that the group is hard to reach. Maybe it’s the way you are going about it. If the ladder is true – then you will have the same difficulties with the second niche or group.
My recommendation would be to study up on the most effective methods to reach your target market or niche. Find other business owners that are successfully marketing to that same target – and find out how they are doing it. Start partnering with complimentary business that shares the same target audience. Business network with those who are already successful in marketing to your target audience. Learn from those that have achieved what you want to achieve.

If you would like to chat more about this, please setup an appointment.

How do I deal with a 50% business partner who can’t hold up his promises?

How do I deal with a 50% business partner who can’t hold up his promises?

 

Today’s question came from a busy entrepreneur – but this issue occurs for both small business owners and corporate employees.

Right now I own 50% of a technology startup aimed at real estate agents. I am responsible for developing and maintaining the upkeep of all the software associated with our business. The other partner is in charge of selling the product, however, he gets way too distracted with other life things such as his real estate work. Although he makes promises and tries to motivate me to keep working on our business because he will “sell the crap out of it”, I still don’t feel a solid effort on his part. Should I try to find a way to kick him out or continue to engage him to sell our product? Thanks.

Whether you are a small business owner or an employee of a large company, you probably have had experience working with partners or co-workers that you feel are not pulling their weight.

Business Owners with partners:

If you have not done this already – take up the time to document a business plan with roles and responsibilities for each partners. The business plan should include some SMART goals for each partner (specific, measurable, achievable, relevant to your business, and timely/time-bound). Your business plan needs to include consequences (what happens when the SMART goals are not met or delivered).

Including SMART goals (milestones on when you both agree that the goals will be met) – you will have a better footing on whether he is making a solid effort. If/when those milestones or deadlines are not met – then you follow-through on your “consequences” –or next steps that you both agreed to upfront.

Taking the time upfront to map this out – saves you a lot of anxiety in the future.

Employee with project partner:

This may seem like a totally different situation, but it’s not.  As an employee, (if you haven’t done this already) write out your Personal Business Commitment (PBC) plan.  This document has YOUR business commitments, roles and responsibilities.  It outlines what you expect from your manager as well as what they can expect from you.  It also includes “consequences” such as rewards for making quotas, etc.

After you have these plan outlines and approved by your manager – you have frequent one-on-one meetings with your manager to continually review your performance against your PBC.

Taking the time upfront to map this out – saves you a lot of anxiety in the future.

 

If you need help with your next steps on this – feel free to contact me and let me know what you decide to do.

Why Your Personal Brand Matters

Why Your Personal Brand Matters

If you are an Olivia Pope or TV’s Scandal fan, then you already know why your personal brand matters.

Olivia Pope and Associates mission is clear and concise:

  • fixing problems and crises;
  • protecting and guarding public images and reputations
  • solving certain crimes in her clients’ interest

Her personal brand is wearing the white hat and suit. The white hat and suit is synonymous with “the good guy” and “saving the day”.   This personal brand is so aligned with her company missions that you know instinctively what she can do for you.

So the critical business lesson learned from this high-rating TV series is:

Have a crisp and simple brand message. And it doesn’t hurt if your personal brand carries over some additional subconscious messages.

 

Just like Olivia Pope, you have characteristics that define you; ways that you think of yourself and ways that others think of you. Effective personal branding isn’t about putting on a show or figuring out how to get the most financial reward. You have a brand just as much as you have a reputation.

How people see you matters.

“Personal branding is how we market ourselves to others,” says Donna DeBerry, a marketing and branding expert.

DeBerry’s has four tips to reach current and potential customers through personal branding:

  • Be seen online and off: Your customers have many choices, and you need to go to where they are. Whether that’s on Facebook or on a panel at a speaking engagement, it’s important you be seen and easily identified.
  • First and last impressions last 14 seconds: Condense and personalize your elevator pitch. How can you turn a greeting into communication that evangelizes your business to your customers?
  • Give people reasons to connect you with your company: Position yourself as a leader and your company as a pioneering endeavor. It could help you earn media attention and build your customer base.
  • Become known for something: What you say and do need to dovetail with what your company is known for.

 

Just like Olivia Pope, you want people to know exactly what you stand for, immediately upon seeing you.

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes

 

Where Do I begin to Market My Business

Where Do I begin to Market My Business

As a business solutions consultant, I constantly get the question: “Where do I begin to market my business?“

Regardless of the type of business, the first step is to create a marketing plan. Your marketing plan will outline your business goals, your marketing goals, and your marketing budget. It will also include how you are going to measure your progress against those goals as well as your time-line or schedule for success.

Simple Marketing Plan:

Below is the minimum that you need in your marketing plan.

  • Identify a target market.
  • Develop a strong marketing message and hook.
  • Create one piece of marketing collateral that will attract prospects and set you apart
  • Get visible in your target market.
  • Keep following up to build relationships and credibility.

 

Marketing Next Steps:

Become an Expert. Start exposing your expertise, tips, techniques and skill through various media. It’s easy to create videos, audios, articles, eBooks, and speaking engagements to get your name out there.

Cultivate Raving Fans. Start collecting fans that are interested in what you have to offer. Create your social media pages such as a Business Facebook page. Use your Facebook pages to collect your fans’ contact information such as name, email addresses, and phone numbers.

Determine your niche. What are you selling and to whom? Start by using skills that you already have, such as writing, web design and graphic arts. Seek out familiar industries. Cleary define your target client and demographic.

Make a list of your potential market. Reach out to friends, local groups and places where you do business. Most professions have associated professional organizations. Start attending your professional association meetings, conferences and expos aligned with your field, as well as various local business networking events.

Go where your clients meet. Once you have clearly identified your niche, visualize where those people meet, do and have. For example, if your target client and niche is affluent men over 40 years of age, take up golf.

Advertise your marketing business online. Start out with a Business Facebook page. Eventually, you need a web site with your own domain name. However, you can get started by using a free Facebook sites. Make sure to use a professional business template.

Link all of your personal social media. Ask your friends to “share” or forward the news about your new marketing business. Your new business must show clients that you know how to use the latest resources effectively.

Market your business constantly. Every email you send should have information about your new marketing business in the form of a web address, slogan, or similar at the bottom. Holidays are opportunities to share a greeting from your business Facebook page. Social gatherings present an opportunity to mention your new business.

Get referrals. Once you have a client or a lead, ask them to tell others about you. Consider offering a discount on their next project when they bring you new clients. Don’t be shy about asking for written or video testimonials.

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes

 

Hanging out with your clients and co-workers in a global market

 

Today’s workforce, as well as the market, is global and diversified. Even if you own a “local business”, you will still want to have distributed national and even international interest. So how do you continue to generate global and remote interest in your products and services? How do you keep your diversified client and employee base connected and satisfied?

Video conferencing isn’t just for webinars and conference meetings. Skype, Google Hangout, Zoom and other similar tools range from “free” to very affordable.   With the abundance of video conference tools at your finger tips, the remote client or employee is not longer invisible.

Some things to add to your Individual Networking Plan:

  • Conduct a Live-Video Call with a client or employee, once a week.
  • Once a quarter, put out a video newsletter or update.
    1. If you are a business owner, this video could be promoting a new product, offer, summary of your past company accomplishments and next quarter goals.
    2. If you are an employee, this video could be a quarterly status report, your department newsletter, a demo, prototype or model of your project.
    3. The list is as extensive as your imagination.
  • At every phase of a project, record your milestone data and results
    1. Case studies can be turned into white-papers, presentations, promotional data, and success stories
    2. The most compelling stories are Before, During and After videos. These videos can effectively illustrate the journey and benefits within 60 seconds.
  • Video your What I Do statement
    1. Re-use/playback your What I do statement as introduction to your webinars, examples in your presentations, as part of your email signature, attached to your resume and Career or Company Press Kit, on your website, and on your social media profile pages.
  • Interview an expert in your field
    1. Being associated with an authority also puts you in the spotlight as someone knowledgeable in the field
    2. Share this interview with co-workers, clients, YouTube, Social Media and other places
  • Share your expertise and interests
    1. Create your own training videos
    2. Show your skills in a hobby or sport
    3. If you want people to think you are interesting – then be interesting.

Bottom line: If you feel invisible to your clients and employers, chances are YOU ARE. And you are totally responsible for that.

 

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes

 

 

Summer Sizzles with Business Lessons Learned from TV’s Scandal

Hello – all you Olivia Pope and Scandal fans out there. I know Scandal is on summer hiatus. But what better time for us to review some “business Lessons Learned” from Scandal and more specifically from Olivia Pope?

This summer, we will be hosting a Lessons Learned Summer Series based on the characters of one of the best rated TV series “Scandal”. If you are interested in joining this video series – please register to receive telecast dates and times.

Today’s episode is a quick overview of “How Olivia Pope Got to be Olivia Pope”. We’ll walk through the business strategies that you can also use to build your empire, while avoiding some of the pitfalls.


If you found these tips helpful, then signup for the summer series. REGISTER HERE

Are you sure you are indispensable?

Are you sure you are indispensable?

Hello, this is Laura Lee Rose.  I am a speaker and author. I am an expert in time and project management.

I help busy professionals and entrepreneurs create effective systems so that they can comfortably delegate to others, be more profitable and have time to enjoy life even if they don’t have time to learn new technology or train their staff.  I have a knack for turning big ideas into on time and profitable projects.

At the end of the day, I transform the way you run your business into a business you love to run.

I recently watched the episode of Grey’s Anatomy in which Dr. McDreamy Shepard gets killed. Patrick Demsey (the actor who plays this character) has been a staple of that show for 11 years. The show’s first episode started with Dr. Sheppard and Merideth Grey meet. The entire 11 years centered on their relationship.

Now he is gone and the “show goes on”.

So- if a character so prevalent in the fabric of this huge franchise can be removed so easily – how about you? Are you so indispensible to your organization that they would fold up shop without you?

Of course the answer is “No”. And that is the way it should be. So – acknowledging this truth should be liberating to you. You still want to be valuable to your team, your manager, your company. But you still want to continue to move forward. Patrick Demsey has two movies in the works, and he plans to do more professional racing. What are you putting in place?

  • Do you have a Professional and Career Development Plan?
  • Do you have a Career Press Kit in place (which illustrates your past achievements, quantifies your performance as it relates to increased company revenue and client satisfaction, and updated resume)?
  • Do you regularly meet with mentors, business coaches and your management hierarchy?
  • Do you have a positive working relationship with both co-workers and sibling departments?
  • Do you have clear advancement opportunities at this company?
  • Do you have business relationships with people from other companies that are aligned with your career goals?
  • Do you have a business network of the right people that will support your advancement?

How are you making yourself valuable (not indispensible)?

  • Are you focusing on the company’s mission, vision, and business commitment goals?
  • Are you a valuable contributor to the company’s bottom line (how much money are you brining in or saving)?
  • Are you volunteering your services to sibling departments, to make sure other groups understand your contributions?
  • Are your keeping your skills up-to-date and aligned with the next generation technology to stay relevant?
  • Are you aware of the national salary range for your current role and skill level, to make sure you are not bumping up against the salary range?
  • Are you training and preparing yourself to take that next promotion or career challenge?

 

Bottom Line: You may be totally satisfied with your current role and responsibilities. You may have no desire to be promote or change jobs. You may want to continue to do exactly what you are doing for the next 5 to 10 years. Even so – that doesn’t guarantee that the company has the same plans. The company may choose to merge with another company; dissolve your division; or upgrade to a new technology that makes your skill set obsolete. Even if you have no desire for a change; change is inevitable.

 

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes

 

 

How to select the proper path at your crossroads

Hello, this is Laura Lee Rose.  I am a speaker and author. I am an expert in time and project management.

I help busy professionals and entrepreneurs create effective systems so that they can comfortably delegate to others, be more profitable and have time to enjoy life even if they don’t have time to learn new technology or train their staff.  I have a knack for turning big ideas into on time and profitable projects.

At the end of the day, I transform the way you run your business into a business you love to run.

This question came from a busy professional and small business owner:

I am at the crossroads in my career. I am 20 to 25 years to retirement; and I still have lots to contribute. But I am interested in lots of different career paths and I find that I am splitting into two separate and distinct directions. How do I figure out which is the right direction for me?

Often times, the two separate and distinct directions are not really that different. Often times, if you take a Bigger Picture view (take a higher-level perspective) of those “separate interests” – they actually share a common purpose or goal.

Example: What should I do?

  • I am interested in Quality Assurance – and like making sure everyone is meeting the standards, in order to deliver quality products and services.
  • My work experience is in developing network security systems. Should I just find a lateral move?
  • I am also interested in stepping out on my own as a contractor

 What’s the HUB or Center Focus that bring these things together?

My name is John Doe, I am an authority in network security systems. I help security conscious companies stay ahead of intrusion detection methodologies and never-ending security attacks, so that they can avoid down-time and delays due to unauthorized data breaches; assure client sensitive data safety and surpass both their delivery schedules and competitor’s market releases.

At the end of the day – I give my clients peace of mind.

 

If the above was your HUB – your Purpose or High-Level “What I do” statement, you have extended your opportunities and career path exponentially. See the below example of the activities and roles that stem from that single HUB-Focus.

HUBExample

 

Bottom Line: More often than not – two separate paths is an indicator that you are focused on the details and not on the higher-level purpose. Stepping back and taking the time to discover the Bigger Picture view or High-Level perspective, brings the paths together.

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes

 

 

So you just got a promotion and think you can relax

So you just got a promotion!  That’s awesome and it’s well deserved. You’ve done awesome work at a exceptional performance level – to get you here.  Congratulations.
Now – here is what’s going to happen next.I know this because I was upper management in a High Tech Industry.

The management circle often uses this opportunity (that “she just received a promotion”) to automatically give the talented employee an Average or Below Expectation Performance Evaluation – for the next review cycle.  Their rationalization is that “She is in a new role with more responsibility – Of course it’s going to take her time to learn the ropes on this new position.  She can’t expect to be exceeding expectation at this level the first time out. She can’t expect to be delivering at the same level as the folks that have been executing at this level for longer.”

Realize – the management team normally has a quota of how many Excellent, Above Expectation, Average and Below Expectation rating to give their various teams.  They rate, rank and sort everyone (across all departments) of the same band, and level.  Then they count off how many Excellent, Above Expectation, Average and Below Expectation ratings from this pooled list to meet their quotas.
Realize that you are not being judged on your work alone – but you are being judged against all the other employees (across all departments) that are at your new, promoted level; against people that have been executing at this level longer that you have; against people that know and have been working with the upper management level longer than you.

Realize that with this new level, you have a different level of business networking responsibilities.  You have a different set of people you have to impress and cultivate. You have a set of different people that you are going to be compared against that already have this head-start in knowing and working with the right people.  They already have the inside track to “professional loyalty”.  Because upper management already know these people and have been working with them at this specific level – they tend to give them a higher ranking that someone that’s new to the band.
Because you are somewhat below on the ranking list – when they draw their quota lines for Average and Below Average grades – you normally fit in that range.
This gives upper management an easy opportunity to use one of their tough Below Expectations or Average ratings – without feeling “bad” about it.  “After all – how can she expect a good review at this new level? She’s using the first year to get her feet wet and learning the ropes.”
I know this because I was upper management in a High Tech Industry.

Now is the time to show them that “This may be true of other people just being promoted – but IT AIN’T SO for ME”.

It’s great that you received this promotion – but this is not the time to relax on your past accomplishments. You should understand the politics behind getting a promotion. And – at the mid-year mark” – you still have time to turn this rationale around.

If you are interested in assuring that this does not happen to you – ask me about  some Summer Career Booster tips specifically for your unique situation.

It’s easy to setup an appointment directly into my calendar with THIS LINK

Should employees be allowed to create their own hours?

Should employees be allowed to create their own hours?

Hello, this is Laura Lee Rose.  I am a speaker and author. I am an expert in time and project management.

I help busy professionals and entrepreneurs create effective systems so that they can comfortably delegate to others, be more profitable and have time to enjoy life even if they don’t have time to learn new technology or train their staff.  I have a knack for turning big ideas into on time and profitable projects.

At the end of the day, I transform the way you run your business into a business you love to run.

This question came from a busy professional and small business owner:

Some of my team say they work best late at night, while others are most productive in the morning. Is it reasonable to allow them to make their own hours or do organizations performing best when the whole team is together for the most part during the 9-5 standard business hours?

It’s not a matter of “employees being allowed”. Employees need to take the initiative to talk to their managers about what they need to be most productive. Most companies are global and have clients 24-7. Depending upon what industry and what role/responsibilities your have – there are often several opportunities to match your shift to the way you work best. But it’s not the company or your manager to specifically provide this for you. It’s really not the company or your manager’s responsibility to provide a perfect work environment for you.

Their goal is to meet the company’s goals and business commitments. So, it really depends upon the company goals, the department productivity goals, and what works best for achieving those business commitments. So – I recommend that you understand the company/department/manager’s business commitments first. Then start the conversation with your manager – but don’t come empty handed. Come into the meeting with alternative shifts that both accomplish their business commitments AND your specific shift needs. And it may not have to be an “all or nothing” type arrangement. Talking to your manager, you may find that they need 9-5 on customer-facing activities on M, W, F and can absorb more flexible hours on Tuesday and Thursday. It may be that your organization is Global – meaning that your department oversees multiple time zones. So, talk to your manager about other customer time zones that you can work. You might find that it’s important for your department to be 9-5, but they also need coverage on weekends. Talk to your manager about switching from a M-F, first shift – to other shifts. Be flexible and take the initiative to design a Win/Win solution.

At the end of the day, if you find that your current company does not match your goals, then continue to talk to recruiters and your business network to find a work environment that does match. It’s much easier to find a company that matches your work environment desires than it is to force an entire organization to change their strategy to match your needs.

Companies are in the business to make money. Keeping you happy isn’t really their primary responsibility. Therefore, you need to take the lead to define a solution that matches both their needs and yours.

Bottom Line: By waiting for someone else to “allow” you to live the life that you really want to live – is not only time wasted but is putting the monkey on someone else’s back. You are the one that is ultimately responsible (response able) for your own career path and professional journey.

I know your situation is different. Why don’t we schedule an appointment, where I get to know more about your unique situation? And then I will be happy to make recommendations on what your best steps are moving forward. To schedule an appointment, book it HERE.

With enough notice, it would be my honor to guest-speak at no cost to your group organization.

I have a presentation on “3 Keys to saying YES to everything but on your own terms”. To sign up for the complimentary course, go to www.lauraleerose.com/Say-Yes