Showing posts with label Business. Show all posts
Showing posts with label Business. Show all posts

May 25, 2015

Sell, Sell, Sell - Business Does Not Occur Until a Sale Occurs


I used to do volunteer counseling and training work for an organization called SCORE, the "Counselors to America's Small Business".  I primarily talked to start-up businesses about the ideas.

What amazed me about many budding entrepreneurs is that they make "going into business" more complex than it needs to be.  Going into business is not about finding a good accountant, not about having a lawyer nor is it about finding the right computer, right sign or right office location.  It is about selling and selling and selling some more - selling cures all and selling makes all (this coming from an engineer).  I don’t need a plan but I need an idea and a set of business cards. Then, what are we going to do – sell, sell, sell that idea! I make only one assumption here, that if you are planning on going into business, say the chocolate business, you know something about chocolate.  If you are lucky enough to be successful at selling, it then becomes time to think (while you are selling more) about those other things you need to do when you are in business - a plan.

So then, I should tell you more about selling.  Yes I will do so will in the very near future.  The thing to remember is selling is a Game of Numbers much more than technique.

Happy Selling.

Bob


About SCORE
SCORE is a nonprofit association consisting primarily of retired executives and business owners (almost all volunteer) dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).

August 30, 2012

The Perfect Storm (Economically Speaking)

The perfect storm involves many components coming together in sync creating a much larger storm as each of the components, rather than opposing each other in some way, support each other.

We have that in our economy now as the following components seem to be in sync, or at least they are in my opinion.

  1. Pent up capital goods demand - there is lots of need to spend and buy big things, from bridges to roads (in the infrastructure arena) to fork lifts, manufacturing equipment, communicating equipment, sales tools and systems.  This trickles down in a big way to household items and discretionary luxuries. UPDATE: September 5, 2012: Auto sales rise as higher gas prices, aging vehicles spur demand (Link Expired).
  2. Capital sitting and waiting for someplace to be spent.  Huge amounts of dollars are starving for a place to go - a major contributing factor to why our interest rates are so low.

So why isn't capital demand hooking up with capital supply?  In my opinion (for some reason I feel the need to clarify that all the time), political uncertainty and instability; people (its all about people) do not invest until the rules have been defined and show some form of stability.  So why do we have political uncertainty and instability today?  The media...  The media is creating news, in my opinion <smile>, for the sake of selling news - and luckily, rapidly failing as well.  Stability is here (or coming quickly).  No matter who or what is, or will be in power, stability is here, more spending will occur and the economy will be perceived and recognized as better.  The who or what will only effect the level of good - all's good.

It's a great time to have business problems and be a business owner as people dream to have the problems you are about to face.

UPDATE: September 6, 2012: Someone told me today how "Office Furniture" is one of the economies leading indicators (Forward Looking) - and how hot it is NOW...

UPDATE: December 27, 2012: Jobless claims fall to lowest in almost 4-1/2 years.  ~ NBCNews.com Business.

UPDATE: January 3, 2013: Businesses added 215,000 jobs in Dec., survey shows.  ~ NBCNews.com Business.


April 26, 2012

Who Me, “Who Three” - Fixing the Local Print Business – Part Three

Just in case you did not read the last blog entry, “Who Three” is the franchise local printer and the independent local printer.  Forget for a moment that this group is the second of the target markets as the obvious (IMO) is explained here.

Why does the local printer need to collaborate with printers in other local areas?  Then, why do they need to become part of the LightsOn network to do so?

The local printer can't compete alone with the online companies like Vistaprint, PSPrint, Over Night Prints, etc, etc, etc.  Why?  Very simply those companies have invested heavily in Pay-Per-Click and SEO marketing for their online sites.  Pay-Per-Click has lower cost of entry but has costs for every click through to your site.  SEO has high development and maintenance costs but minimal to no cost per click. Both are very complex and expensive and are a game of numbers.  In addition, when many many try alone, they simply end up being noise in the search.

The first step is to collaborate with other companies that are providing copy/print/graphic services; not only local to you, but local everywhere.  Regretfully, this is much more than providing a franchise website - just ask yourself how much business you get from that website; is ZERO the right answer?  Maybe this website thingy doesn't work.  Ask Vistaprint...

LightsOnGraphics.com has been built, from day one, as a site for collaboration with the objective of taking back and to stop the encroachment of that business that Vistaprint is taking from the local print service provider.  Our expertise in print, SEO and collaborative systems will make print local again and make you locally, the printer again.

The second step is to collaborate locally with other service providers.  Local printers need to recruit local graphic designers, web designers and advertising companies; there are many locally everywhere.  Make what you perceive as competition today, your sales rep tomorrow.  Collaborate with them a variety of products and services that let them make more money as well as you make back some of what you are currently losing.  This will take some proactive marketing, sales and networking.  Franchisors - make these non-retail mini-franchises (biz-ops) around your franchises - Please - Steal This Idea.!.!.!

Our objective at LightsOn is not to move your business to our website.  When a client calls you from the our LightsOnGraphics.com website (I include you in "our") we strongly suggest you provide the service and sell that customer directly, bypassing the LightsOn site.  Our objective is not to get your foot traffic, but to get the traffic you are losing to online.


Next, "Who Four" - why local postal stores may be the local graphics shop of tomorrow.

Thanks again for reading

Bob
561-371-4113



September 13, 2011

Sell, Sell, Sell - Part One - Business Does Not Occur Until Transactions Occur


I used to do volunteer counseling and training work for an organization called SCORE, the "Counselors to America's Small Business".  I primarily talked to start-up businesses about the ideas.

What amazed me about many budding entrepreneurs is that they make "going into business" more complex than it needs to be.  Going into business is not about finding a good accountant, not about having a lawyer nor is it about finding the right computer, right sign or right office location.  It is about selling and selling and selling some more.  I don’t need a plan but I need an idea and a set of business cards. Then what are we going to do – sell, sell, sell that idea! I make only one assumption here, that if you are planning on going into business, say the chocolate business, you know something about chocolate.  If you are lucky enough to be successful at selling, it then becomes time to think (while you are selling more) about those other things you need to do when you are in business - a plan.

So then, I should tell you more about selling.  Yes I will do so will in the very near future.  The thing to remember is selling is a Game of Numbers much more than technique.

Read my blog post Sell, Sell, Sell – Part Two – It's a Game of Numbers 

Happy Selling.

Bob


About SCORE
SCORE is a nonprofit association consisting primarily of retired executives and business owners (almost all volunteer) dedicated to educating entrepreneurs and helping small business start, grow and succeed nationwide. SCORE is a resource partner with the U.S. Small Business Administration (SBA).