Saturday, November 28, 2009

Adventure or Crisis?


I was just saying the other day that I have a hard time deciding which posts belong in what blogs I write these days.
This one is clearly economy related.
You also may not want to hear it.

Oh good, you're reading!
If you think that you can "console" yourself with: But the economy sucks and everyone is having a hard time.
Think again. Literally:
THINK AGAIN

How is it that "even in this economy" you're most likely still going to stores and buying stuff and paying for services? Because you believe they have value to you. We live in a capitalist society that, for better or worse, attaches monetary value to almost everything. You know, the commercial that goes something like, "box seats at Yankee Stadium, $500, four hot dogs, $20, the look on your kids face, priceless."

The last part is what people seem to be more interested in today. The experience. The look on your kid's face, the feeling that you get, the "experiential" part of what you're purchasing. So why do folks buy a lot of stuff online still? Two reasons I believe:

The kind of store that they would buy this in doesn't exist where they live.
The kind of store that they would buy this in doesn't have an experience that excites them.

Back to the value thing.

If you think that everyone is doing really badly then why is the latest technology still selling? How is it that we even KNOW what's popular? People are talking about it. Why? It's cool, it's new, it's really really good or it keeps getting better.

These are all keys to long term success for your business:
Quality of product AND experience.

I know that what I've said here is a gross generalization in many ways, but I'm here to kick your butt about accepting "the ways things are" as a way to operate in your head or in your company. Work harder! Throw more passion at what you're doing.

I knew a fella who wrote for an Outdoors magazine. He said: When you're going through it, it's a crisis. When you tell the story of it, that's when it becomes your adventure.

Why don't you begin your adventure now?

Tuesday, November 10, 2009

What Were You Thinking?

You may be already jumping to a conclusion with the title of this post that I must be addressing you with this rhetorical question. The "you" is really me and perhaps us all at some point.

I had a conversation with someone today about the fear of making the "wrong" decision. Rather than tell you her story, let me turn to my own. Every day I give folks advice on what next move to make, or how to move forward. I work with the information I have at the time. Every time I do this I am working with several elements:
  • Knowledge of their "landscape" or situation as they present it to me,
  • Knowledge of the different elements in play (i.e. the creative process, or monetary concerns)
Then the last and least quantifiable:
  • My intuition.
What I am thinking, feeling and perceiving about what client might do changes as the information changes and "updates". Therefore, what I am thinking at any given time is subject to change. Scary? It shouldn't be for you and it's not for me. If my ability to change with you and your scenario is not flexible and my approach fluid, you'll be getting yesterday's news.

The part that I am still learning myself everyday is to have less "sentimentality" about my ideas and plans. Letting my ego take the back seat on what I thought was such a great idea "before". I believe that in order to succeed you need to have a balance of the ability to go with the flow, but to work like all get-out to make real your dreams.

The visual for me on this one is from years of canoeing:
When you're going down a river and there's some white water, you're moving pretty fast. The boat actually goes down the river on a diagonal. The person in back is steering and the person in front calls out rocks that appear as if from nowhere. We call them "sucker rocks" the water flows smoothly over them, making them virtually invisible.

What happens when the person steering is caught off guard and needs to make a quick correction in order to not get hung up on the rocks is some crazy-fast reverse paddling. Your heart's pounding. The boat (hopefully) grinds to a halt in the fast water. You quickly yank the canoe around the obstacle with sheer brute force of paddle. There is no room for a second thought or a delay in action. No halfhearted attempts allowed. No time to blame the river, the paddle or your partner up front. You just have to do it.

Sound familiar? I hope it does. What was I thinking? Depends on when you ask me. Depends on how I'm reading that river. Depends on what the person in the front of the boat is telling me. Depends on what I'm seeing for myself, up ahead.

Don't spend your time weeping over your last wrong move. Keep moving!

Thursday, October 1, 2009

Midstream Turn About

Yes, you wrote your business plan, things are moving along and....
Oh no! Everything's changed again!
Ah yes. It has, it will and it must.
What you do right now is crucial. Let's talk.

Sometimes our initial business model has...flaws. It may address what you think the scenario of your marketplace is, but no. It's just not right. What does that mean?

  • You're probably just like everyone else in the beginning
  • You should re-brainstorm your whole business idea and see if there are other ways you could deliver the same product or service.
  • You may have just found a new niche market that you'll want to take advantage of.
  • It's time to dig a little deeper because there may be a "secret" that you don't know about what you're doing.
  • You should get a grip and stop thinking about quitting your idea. It probably just needs an adjustment.
Often, we have a rather narrow idea of what our business is supposed to be. These ideas are formed by our experience in that market, perhaps working for someone else. They could be concepts formed that are void of some things you just couldn't have known. Trade secrets.

Instead of focusing on what seems in the moment to be a "dashed dream", just take a breathe, re-adjust a little, do more research and keep an open mind. The business that is meant to work for you, the business model that will succeed is there. You just have to uncover it.

You may feel a little bruised by the rock you just slammed against in that river, but give yourself a minute and you'll be just fine.

Tuesday, September 8, 2009

Each Day

Erica Marshall muddyboots.org

I've written a few posts here about what I can do for a small business.
I probably write less about what I am doing. Today is one of those days where I am simply teary about the kinds of connections I make in the work and how it all somehow meshes together to create this amazing thing I call my life.

People come to me with a vision. Maybe they are in it or maybe it's just a dream. For me to do what I do best, I have to understand and actually feel their passion. I get drawn into the details of this thing they want so badly to do. I see it from behind their eyes, or nearly so. I get the excitement of their dream to propel that dream forward.

It's a morphogenesis state I'm in when I immerse myself in the lives and visions of my clients. To say "vision" is to say that we are looking into the future. It's that balance of being clear about exactly where we are and where that vision is going to take us. That's the line I walk. That's the "space I keep" for each and every person I work with.

I cannot tell you how many times I say, "If you really want to do this, I'm here to help you make that happen". I will take them through the steps to get them there, but ultimately it's about a client's commitment to their own dream.

Ultimately, I'm coming to a place where I think that we should all have mentors for everything we want to do. It takes a measure of humility to come forward and say, "I don't know how to do this. Will you show me?" I honor those people who can come to me and ask and listen and work with me. I value their dreams and visions for what they see as possible and I ask them to dream it even bigger. For all of us.

Friday, September 4, 2009

What is it Again?

image by Kevin Zim

The question that I find myself asking people a lot lately and gets asked of me in return is:

What is this?
What is this thing you have that you want to sell to people?
What is the reason you feel compelled to do this?
What makes this important to others?
What do you have that no one else has?
What are you bringing to this table of commerce?

I deal in ideas more than objects. Ideas are still things. When ideas stop being things, like the flow of so much information, it starts to get abstract. New rules apply. It all gets way more complicated. Except for this:

What do you value?
What do others value?

Nothing changes because we're in the "Information Age". We still mean that we need to find a way to quantify things. There are enumerable ways to quantify this ether in which we communicate our ideas. Don't let it get the best of you. The clicks, the impressions, the bytes.

There are mathematicians who understand things we cannot see. Too complex for the rest of us. That doesn't mean those things don't exist, but our ability to grab those concepts or not is very much the basis of our ability to function and succeed with our business. How long ago was the dot com crash? And still, especially in marketing and social media we are getting lost again in vague notions that we are banking on to build our businesses.

Sometimes we need to hire and trust people who understand things that we cannot. Just make sure that from time to time, you ask yourself those basic "what" questions. Keep the spirit of those questions alive when you're talking SEO, or numbers with a CFO. It's still stuff. Hopefully it's stuff that you really care about, are even passionate about. That's what makes you an entrepreneur. No one's making you do this. Remember the passion. Keep that with you.

Thursday, August 27, 2009

The Security of a Paycheck...


...NOT!
Is that what we're learning in this recession? It's been at least 20 years since I read about the nature of the "Modern" business world. Our country is still suffering from the non-education of our workers. A person learns a job and the incentive to pick up new skills can be nil. It's been said that the responsibility of the Employer in today's business world is to give their employee the opportunity to have a job for "some period" of time. The responsibility of the individual is to learn as many new skills as possible to jettison them into the next job.

Even though this was stated as the new world of business some decades ago, it clearly has not been adopted in many failing industries. So, when I ask people what they have to lose by striking out on their own, they talk about that paycheck security, or that Health Insurance security.

At this time when we have been debating the heck out of the current state of healthcare, I was recently interviewed by BusinessWeek about just this topic. If you're not starting your dream business because of needing health insurance, we really do have a crisis. This is something that I've heard very little debate about. Considering the fact that our government touts our ability to innovate and the power of the Entrepreneur, this surprises me.

Inasmuch as I don't really like posting rants, this one is a long time coming, people! To say that you see the future is all about the Entrepreneur is just great, if you give us the incentives to do our thing. The New York Times sees yet another trend, the Accidental Entrepreneur. Given the right support from mentors like myself and our society, there may still be an upside to the downturn in our economy.

Here's hoping!

Monday, August 17, 2009

What Should You be Asking?

Sometimes my personal experiences of doing business fall right into my lap as blog posts. As I have said many times, we all need a mentor. This one is as much about me as it is you.

The question I would like to hear more of my clients asking is: What do I need to do to make my business more successful?

Often my initial sessions with folks focus on things that they feel have gone wrong in the past months or the past years. What I hear a lot of is:
  • I guess people don't really want the good stuff any more because they're rather shop in a big store.
  • Everyone wants something for nothing!
  • All I do is work and I feel like no one gets how much work goes into what I do!
  • Things just aren't the way they used to be...
What pattern do you see here? I see blaming outside sources.

Another way of looking at all of their situations is:
  • How can I find the people who want the good stuff I make?
  • People value what they pay for. How can I rise to the level of getting those folks to pay me?
  • How can I tell the amazing story of what I do that will build my brand and what I do?
  • Things change all the time. How can I be light on my feet to RESPOND to the constant change?
See the difference? One is taking responsibility and one is blaming. I know this isn't a couple's therapy session here, but finding a solution is what I'm all about. I can hear your pain about what's not working and how that's hard for you. I am about making the changes to get you where you want to go.

Change takes work. Having your own business takes an enormous amount of work. The upside is that when everything is going well, you made it happen. It cannot be a one way street: When things go poorly it's everyone else failing you and when things go right, you're a star. Nope. You get both sides, that's the deal.

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