Wednesday, 13 February 2013

4 Qualities of Great Entrepreneurs

I have found that many entrepreneurs struggle with the same basic difficulties. We are often so caught up in our own ideas that we forget the aspects that are essential to our success. This is not to say that we should not be enthusiastic; on the contrary, you want to be excited and confident in whatever it is you are doing. It is only when we revert to selfish gains that we neglect the most important entity of entrepreneurism, which is the customer.

There are four qualities that make a great entrepreneur, each one equally significant:

It is the foundation to any business that was ever worthwhile. Does your product really do what you say it does? Can your customers really trust you and your company? Does your service provide a benefit? Do you care more for your customer’s satisfaction than making a sale?

Those whom you treat well in the beginning will be with you throughout your journey to success and will possibly be part of the reason you get there. Aside from any success, everyone deserves the right to be treated equally. I’m a big fan of Rudyard Kipling and his idea of treating Kings and paupers the same way.

This is also something my mum instilled in me from an early age when I used to sit in the back of the delicatessen where she worked behind the counter. I watched how she treated the bank manager and the street cleaner with exactly the same grace and respect. It has really influenced me in my business endeavors.

Whoever you are communicating with, in that moment, they have become your most important customer whether they are buying from you or not. Treating them like a million dollars will never harm you as an entrepreneur. That street cleaner took extra pride in keeping the sidewalk outside the shop immaculate, and years later became one of the shop’s biggest customers when he was hired as the town’s livestock auction messenger. One of his tasks was to fetch lunches for all the farmers who attended the twice-weekly auction.

It amazes me how easily high-ranking business people forget that the customer always comes first, and without the customer they could not possibly succeed. At some point they often seem to think that communicating with the customer is beneath them, or it is the responsibility of their employees. Companies go awry when the leader stops listening to the customer. I have seen this challenge with CEOs where egos get out of control. They focus on what they are going to get out of it rather than what they have to offer. I have even had potential entrepreneurs tell me about their great business plan, and then admit that they have not done any market research or they cannot provide me with potential customer feedback. Those meetings are cut short.

An important thing to consider is what your customer will get out of your efforts, either as an entrepreneur, a CEO, or a company. What is the benefit to them? That benefit defines your purpose, keeps you on track as well as in perspective. By constantly reminding yourself of the benefits to the customer, you are ensuring that the customer will always be your first and foremost goal.



Tuesday, 12 February 2013

SEO or Social Media: Making the Choice

Search engines and social media are both critical to your success online. These two mediums allow you to reach your target market, connect with your customers, and generate sales.

As such, it is imperative that you learn and be adept in using search engine optimization techniques that will make Google love your site and send you lots of traffic – for free. You also want people to share and talk about your products or services in various social media sites. Social media has exploded in recent years, and has become an important medium for reaching customers, connecting with them, getting traffic and even generating sales.

But as a small or home-based business owner, who really has time to learn both search engine optimization (SEO) and social media? With over a million and one things to do, do you think you can you work on SEO and social media campaigns?

seo or social media

This is the question that the new ebook from Hubspot called “SEO vs. Social Media: Which is Best for Your Marketing?” The ebook is based on the premise that small business owners have limited amount of time on their hands to learn and utilize both SEO and social media well, while managing and running their businesses.

SEO is not easy to learn: just when you think you understand what makes a site rank in the search engines, Google changes its algorithm. What is ok today can get you penalized tomorrow.

Social media is also tough as what you need to succeed in Facebook is different from using Youtube, and what works on Twitter is not necessarily what works in LinkedIn. And as soon as you think you’ve mastered Twitter, out comes a new hot social media site called Pinterest that you’re back to square one trying to learn how to work it.

To help business owners decide which of the two is best for you, Hubspot enumerates the advantages and disadvantages of both SEO and social media for marketing, to wit:

Search Engine Optimization: Advantages 

Creating content you can repurposeLong term gains don’t diminishLong tail search yields targeted trafficInbound links help your website and your reputationSEO gives an edge to local businessesAs search engines’ algorithm becomes smarter, SEO is easier than it used to be

Search Engine Optimization: Disadvantages 

SEO takes a lot of timeYou still need to invest in technical SEOYou don’t have just Google to think aboutToo much is out of controlYou can’t measure everythingSEO requires long term upkeep

One misconception of SEO is that it is just about creating content, doing the title tags and counting the number of times the keyword is mentioned on the page.

SEO is comprised of a number of activities, some of which may be too technical for the average business owner. Content creation is a very big component: making sure that your content is the best out there, and that it is unique and original (no copying product descriptions from manufacturers or using articles from article directories). Once created, the content needs to be optimized for the search engines (called on-page optimization), and content optimization is based on keyword research. You then need to do both internal and external link building.

An important part of SEO – and the most technical — is site architecture audit and implementation. Your site may have the most original and highest quality content but if your site is full of technical errors, it will not rank well. I remember a top political site that generates more than a million visitors per month, that saw their traffic decrease by 75% due to the site’s canonical error.

Site architecture requires understanding and knowledge of URL structures, robots.txt file configuration, properly setting redirects through 301, 302 and meta refresh, site hierarchy for areas of link juice dilution/improvement, canonical tags, and a lot more things. Unless you are technically savvy, it is not easy tinkering and configuring with tools such as .htaccess or robots.txt files!

In addition, you need to know your analytics thoroughly. SEO and analytics go hand in hand, as your numbers will often tell you where the problems lie in your site – and where the opportunities are.

The Hubspot report also gives the advantages an disadvantages of social media, as follows:

Social Media: Advantages

Social media improves your SEOYou’ll build strong personal relationshipsSocial Content can be repurposedMore targeted networks means more customersSocial media provides the user generated content you need to drive sales

Social Media: Disadvantages

Social media fails without contentSuccess takes a long timeSocial media content expires quicklyMonitoring is time intensive

I’ve seen sites getting more than 100,000 visits a month from Facebook alone. That’s awesome! You look at their Facebook likes and be floored with 250,000+ liking the page — and yet your Facebook page can barely reach 500 likes. Success really takes a long time in social media, and costly as well.

Social media also involves a lot of listening — what people are saying about your business, what topics are being talked about, and what’s the feedback on your competitors. Good tools to monitor social media can be very expensive. For example, one of the top tools is Radian 6, and it costs anywhere from $600/month for only 1 topic profile to as much as $10,000 per month.

The Hubspot report concludes by recommending that you hire a social media manager to promote your content in the social networks. Or you can shift that to an SEO hire. Both of these options, however, may be out of reach for small businesses. You may not have the resources to hire an employee specifically for SEO or social media.

An alternative, of course, is to hire consultants to do the job for you. However, be very careful in selecting SEO experts to help you, as many of the very cheap ones can do more harm than good. They may put your links in bad neighborhoods or low-quality sites that the resulting poor-quality backlinks will taint your site and result in your loss of rankings. Quality “white hat” SEO firms do not come cheap: expect to shell out anywhere from $1,500 – $12,000 per month of more, with many SEO firms tying you to a one year contract.

So how should you manage your SEO and social media activities? If you must do both, there are a number of ways that you can integrate the two activities:

1. Make it a priority to learn SEO and social media.

For only 30 minutes a day, make it a habit to visit SEO forums and blogs such as WebmasterWorld.com (which covers both SEO and social media) and SearchEngineLand.com. Subscribe to the feed of Google Official Webmaster Central Blog  and read through Google Webmaster Academy  , which is designed specifically for beginner webmasters. Instead of gossip sites (my weakness!), read Mashable.com and other social media news sites.

2. Prioritize your social media.

Accept the fact that you cannot do all of the social media sites effectively: some may be better suited to your business than others based on the nature of your business and your goals. If you’re a home-based business, avoid location-based social media sites such as 4Square that requires you to identify the location of your business. If you’re running a blog with barely any photos, skip out Pinterest, which will do better for sites with loads of photos such as ecommerce or photography sites. If you’re on a lookout for potential business partners or investors, LinkedIn will be your best bet. If your site produces a lot of original videos, video sites such as Youtube will do well for you.

3. Use tools to manage your social media.

Tools such as Hootsuite or Tweetdeck allow you to post simultaneously to different social media sites. You can post to your Twitter account, which can then be cross-posted in LinkedIn or Facebook. You can also schedule when your postings will be made. You can then prepare all your social media postings first thing in the morning, and set it up so your posts will show up throughout the day.

So what will be your priority? Will you do SEO, social media first, or both? You can request a copy of the Hubspot paper here.

No related posts.

Tags: Search Engine, Social Media

Category: Search Engine

Isabel Isidro is the co-founder of PowerHomeBiz.com. A mom of three boys, avid vintage postcard collector, frustrated scrapbooker, she also manages WomenHomeBusiness.com and LearningfromBigBoys.com. Follow her on Twitter and connect with her on Google +

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Friday, 1 February 2013

Inspire Living Application Review (iLA) - Make Money Using the New iLiving App



If you use your mobile device a lot, you will love the brand new, pioneering iLA application (Inspired Living 

Application), because you can make money while using it. The new iLA application was launched on 

February 1st, 2013, so you don't have to wait to join this exciting new program!  


www.iLivingApp.com/won/ 

The iLA application is a revolutionary app that will deliver high quality, professional videos to your mobile device every week. You will receive information on many different personal development topics such as

• Goal setting
• Leadership development
• Personal motivation

But this great app doesn't stop there, No!
As well as having some amazing content delivered right to your fingertips, you will also have access to their video archive where you will be able to go to browse, and watch many other self-help type videos. If you don't yet have a mobile device that is compatible with this application, you can still make use of this fantastic program via their online website. How great is that?



iLA sounds wonderful. To be able to view many different self-improvement and motivational videos on the privacy of your mobile device makes this application well worth having. But it doesn't' end there; there's more!

If you join iLA as an associate member, you will receive the weekly video content, have access to the archive, have your own personal website, AND have the ability to earn money through the matrix program. Of course, other levels of membership including Free-Member and Retail-Customer have less perks, but still worth it.

The iLA application is a brand new, inventive application that will probably be enjoyed by many mobile device users from all walks of life.
If you want to get in on the ground floor of this brand new, motivational program, stop by their website  www.iLivingApp.com/won/ and fill out the brief sign up form. Enrollment is available now, so that members can be signed up immediately. Hurry, time is ticking away!