Posts filed under 'success strategies'

Quick Tip: Remember People’s Names

Do you have a hard time remembering people’s names? If you ever find yourself sitting at a conference table and want to make sure you don’t get anyone mixed up, here’s a tip: Collect everyone’s business cards before the meeting starts.

When you sit down, line up the cards in front of you according to their seating order so you can easily match the name with the face. Don’t worry about hiding your cards either – it’s a widely-accepted practice and a quick, easy reference tool!

If you want to be more inconspicuous, you can just write everyone’s names (and positions, if possible) in the top corner of your notepad. No one will think twice when you’re flipping back through your notes! This is a great way to remember everyone’s name whether you’re in a large meeting, watching a discussion panel, or having coffee with a bunch of new people.

Add comment May 2, 2008

How to Solve 3 Common Work Mistakes

The name of the game changes when you enter the workforce, so it’s understandable that a lot of people make mistakes early on in their careers. Here’s how to pick yourself up after the occasional mishap.

hate my job1. What if you already hate your job on your first day there?
Things like this happen. It’s important that you maintain integrity and don’t put the people who hired you in a bad position. Show them respect by telling them how you’re feeling as soon as possible. Be honest, but nice. Tell them that you’d like to talk to them privately and explain your initial concerns. Explain that you’re worried you might have had the wrong impression or expectations.

But be sure to leave room in case you misread the situation. Maybe you’re in a special training program, office or project for the first few weeks. Maybe you’re in the wrong position. Or maybe you didn’t understand their expectation. Be specific about what you like or don’t like so far and talk about possible options with the company. The worst thing you can do is be a coward and just not show up again. It’s disrespectful and shows no sign of integrity.

2. What if you take on more work than you can handle?
Again, be honest. Some managers and bosses will want to test you to see how much you can handle – and that’s not a bad thing! There’s nothing wrong with having to prove yourself or earn respect in an organization. It’s good to show people what you’re capable of!

However, use extra caution if you could cause real damage to your boss or company by not finishing the workload or not completing it successfully. Sometimes you can lose more credibility by saying you can do something and not following through, simply for having asked to be trusted. Be dependable. Also, be honest about your concerns and give it your best shot. Recognize that you have to do whatever it takes to achieve the objective – even if that means recruiting the help of another.

3. What if you got embarrassingly drunk at the company outing?
First, make sure you didn’t offend anyone or do anything too inappropriate. If you did, deal with it right away to avoid gossip. Apologize for your lack of judgment and try to make sure the relationship you bruised is still in tact. If it was harmless (ask your closer coworkers to make sure), it might be better not to bring it up and just be on extremely good behavior for a while. If it comes up, acknowledge it lightly. If you sense pain, discomfort, anger or resentment, apologize sincerely.

Add comment May 1, 2008

What’s Your Game Plan for Life?

Once you have your Ideal Life concept articulated and you can confirm with some confidence where it is that you want to go, a Grand Plan will help you connect the dots between where you are now and your Ideal Life. The most important thing to do is, to the best of your ability, determine what the critical steps or benchmarks are to get from here to there. Write the steps down, then add a series of intermediary steps in between along with “time to completion” estimates.

Ideal Life Component/Category: Chose an area of your Ideal Life that you want to focus on (career, finances, personal development, health, relationships, etc.)

Status Today: Include a brief description of your current situation or where you’re starting from at this exact moment in time, in this particular category.

Major Benchmarks: Write out the major benchmarks that would form a logical path to lead you to achieving your ideal situation.

Intermediate Action Steps: Work out your first set of intermediate steps that can lead you to connect one benchmark to the next.

Estimated Time: Estimate how long it should take you to complete each action step. Commit to a reasonable timeline.

Ideal Life Realization: Lastly, finish off the exercise with a little reminder of what you’re working towards in the first place. What will signify for you that you’ve achieved your ideal situation or goal?

Add comment April 29, 2008

Intellectual Property: Don’t Let Someone Steal Your Business Idea!

Everyday that you avoid talking about your dreams is just another day that something incredible could have happened to help.

It’s amazing how some people avoid talking about what they do. Worse yet, sometimes when they have an idea for a business, or are in the process of starting something, they still feel like they need to keep quiet; sometimes they’re nervous, embarrassed, or just think their timing is premature. But isn’t this when you need help more than ever?

Here are a couple of the most common excuses about keeping quiet, and some advice on how to do just the opposite.

Someone will steal my idea!
Ideas are cheap – any entrepreneur will tell you that. Fortunately, most people are not entrepreneurs, and will never do anything with even the greatest of ideas they may hear. If you really think there is a serious threat, particularly regarding patents and inventions, talk to a lawyer and learn what you should and should not say, which will help to put your mind at ease.

I’m not ready to do anything with it yet
There are a million reasons why we procrastinate when making major life decisions, but when it comes to putting a really big idea into action, sometimes you just have to take a chance. If there is an idea that has been nagging at you for years, it might never leave you alone until you do something about it. Just take some baby steps and start talking to people. Things sometimes happen when you least expect them to.

I haven’t done enough research yet
Few people are ever totally prepared for launching a business or big idea – and that’s okay. The unspoken rule, particularly among entrepreneurs, is that you figure out most things along the way. So dive in and take every challenge as it comes – the unknown will soon be just another adventure to you.

What if people think it’s silly?
If confidence is your big stopping block, start working on it now. Without believing that you can make this thing fly, you’re going to have a hard time convincing anyone else of it. Now is the time to be bold and prove to the world that you are the next great thinker and doer – you’ll find that your enthusiasm can be really contagious.

I don’t want to risk losing my job
This is a very real, understandable fear. The first bit of advice in situations like this is not to quit your day job until you have a way to support yourself with your big idea or business. Projects like these always take more time to generate money than we expect. Second, don’t let your new business interfere with your responsibilities at work; at some point it will become a problem to balance both, and that’s when you leave. Third, in some cases, employers can actually be supportive of people trying to start their own companies, especially if they will not be direct competitors, and if the employees are not what you’d call “essential” to the operation of their businesses. Since this is not too common, however, be sure you know your employer’s attitudes about life after the company pretty well before spilling the news.

So, now that we’ve covered the big reasons you may have for hiding your dreams, just think about what you could gain from squawking. Give it a try – start telling everyone about your plans or thoughts and see what happens.

Add comment April 28, 2008

8 Tips to Get Media Attention

Nothing helps your business more than getting mentioned in a popular magazine, newspaper, blog, website or TV news segment. As I continue spreading the word about YSN.com, I’ve learned that journalists are in business too, and like you, they have pressures, deadlines, idiosyncrasies and yes, lives. If you think your life is stressful, follow around a journalist for a little while. Remember, as an entrepreneur, your stress is created internally, as you have decided to be “in charge.” Journalists are at the mercy of many others who often control their every move. So showing them that you understand and respect their jobs will give them the incentive that they need to give you the time of day, and sometimes even their friendship. To build the foundation for a favorable relationship with the media, consider these simple steps:

1. Why should they write about you?
Come up with a list of story angles that a journalist could use to write an article about you and your business. Decide what makes your story newsworthy. Are you unusually young for a business owner in your area/field? Have you started a company that is out of the ordinary, or provides a new or specialized product or service? Then, write down a list of attributes that could be used as “buzzwords,” or phrases, to describe you or your venture. Some examples might include: “woman business owner,” “Native American” or “cyberjunkie.” If you are doing your homework and reading your industry’s trade journals, newsletters and other publications, you should have no problem finding the industry catch phrases.

2. Build your own media list
Compile a media list of publications and media sources (newspapers, journals, radio shows, talk shows and news programs) that you believe are most likely to write a story like yours. Collect all of their vital information – complete company name, address, phone and fax – as well as a suitable contact person, if possible. Be selective. Don’t send info to people who clearly do not cover your industry, topic or share your audience/clients. Journalists are constantly bombarded with unsolicited press kits, so don’t waste their time (or your money) sending them literature on your business banking on the off-chance they might make an exception. There are too many publications, journals, organizations and news stations that will be interested in what you are doing to bother those who don’t. The worst thing you can do is provoke a journalist to request that you don’t contact them again.

3. Who do I contact?
For business publications, send media kits to the Managing Editor or Senior Editor. They are more likely to be the ones personally writing or overseeing feature stories, and are usually the best ones to review new story leads. For general interest publications, find the name of one of the editors who covers your field (contact information is usually available in a thin column called a “rote box” in the first few pages of a magazine or newspaper). Never bother the publisher since they’re usually a business manager of the company, not a journalist. Often publishers are not even located in the same offices as the editorial departments, and thus are most likely to disregard or misdirect your information.

4. When to pitch your story
Create your own media calendar to help you preplan PR campaigns. A good way to start is by studying your company/industry’s business cycles. When are your busiest months? If, for example, you provide a career-oriented service for students, your business cycles would peak around May and December, when students are most likely to be hunting for jobs. If you look at some of your media targets around these times, they too are probably keeping tabs on graduating students. This is when you most need them to know who you are.

5. Plan Ahead
Most major monthly magazines have a three month lead time. On your media calendar, keep track of your “target media months,” or months when you would like your information to appear in the press. Then from each of your target months, move two months backwards and note issue closing months. Then move one more month before and note press release due dates.
If you are dealing with a daily or weekly publication, the best time to release information to them is usually closer to a few days or three weeks prior to publication, respectively. For any other distribution cycles, call the publication directly to inquire about their specific issue closings. Another good idea, while you have them on the phone, is to request a copy of their publishing calendar. Understanding when journalists are most likely to be interested in your story can save you a lot of time and greatly improve your chances of being mentioned or featured in an article.

6. Make yourself invaluable.

Be a resource to the media. If a journalist or editor calls you for information on your company, or even your industry, jump. Don’t appear too anxious, but give them everything they want and more – but keep it brief. If they say they’re on a deadline (and they’ll tell you), restrict your correspondence to brief faxes, voice mail or quick calls should they request that you contact them directly. The more attentive you are to their needs, the more likely they are to keep in contact with you. All journalists have their own group of people they consider personal sources for various issues; if you can become one of these people, sooner or later you are sure to be rewarded with some great publicity.

7. Follow up
Always follow up with a thank you letter for any article or interview that you receive – even if you are interviewed, and you do not appear in the article (which happens often), follow up and thank them anyway. It’s very easy to get frustrated after you have spent a great deal of time gathering or offering information and insight to a media agent and you do not get recognized for it, but don’t let that get in the way of good manners!

8. Keep in touch
Send your media contacts an occasional note or mailing as your company changes, expands or diversifies to let them know about the latest news. This is an excellent way for you to stay fresh in their minds and allow them to stay abreast of your progress effortlessly.

Add comment April 25, 2008

10 Ways To Get What You Want In Business

Learning how to be bold and direct, and demanding respect, fairness and attention is part of being a successful business person. This isn’t to say that there’s no place in the business world for being friendly and nice but being “too soft” can delay your progress. As someone once put it, “If you leave room for people to take advantage of you, they will.” Here are 10 tips to help get what you want, when you want, from the people you need most:
  1. Keep a record of your goals and objectives. Refer to it often to ensure that you stay on track. Share this with someone you trust and have them help keep you in line.
  2. Figure out what you want before you meet with people. You’re then more likely to remember your goal, form your discussion around it, and ultimately achieve it.
  3. Let people know when you need help with something. Even if they can’t help you themselves, they’re more likely to find you someone else who can.
  4. Don’t leave questions unanswered. If you have them, ask!
  5. Don’t be afraid to walk away. If you feel you may be wasting your time, or could be taken advantage of, your willingness to go elsewhere may be what prompts someone else to take action in your favor.
  6. If you want to solidify a deal or an agreement, or just protect yourself, write it down. A lot of people will try to backtrack from promises they make if there is no way of holding them accountable.
  7. Tell people what you want from them. Do use some tact, but be direct. Most business people will respect you more for it.
  8. Give people the best reason to want to help you. Being a good person is the first step. If people like you, they’re more likely to go out of their way for you.
  9. Always think in terms of creating win-win situations. How can helping you help them? Figure this out first and you’re one step closer to getting what you want.
  10. Believe in yourself and your business. If you truly think you have what it takes to succeed, make it happen.

Add comment April 24, 2008

What Do You Wear to Work These Days?

Today it seems like we’re all dressing a lot more casual when we work. At YSN headquarters in Southern California, we’ve definitely adopted a policy of flips flops and jeans on most occasions. But whether you work from home, a local coffee shop, or even a traditional office, we’re just not as formal as we used to be.

The big question is: How do you know when to be formally dressed now?

Here’s my take on the 3 major levels of dressing for work:

Totally Informal: For ultra-casual, you’re-not-going-to-see-anyone-important days, maybe a pair of khakis and a T-shirt, or a pair of shorts and some flip-flops work for you. Save the makeup, jewelry and uncomfortable shoes for when it is really worth all the effort.

Average Day: Since you never really do know when something or someone important is going to pop up, it’s probably a good idea to find a good baseline look – one that’s casual enough to be livable and comfortable, but nice enough to take you into any impromptu meeting with a new client or great contact. Unless you’re sure that you’re only going to run a few errands (like going to Staples, the market, and out to get a greeting card), play it safe. Try a pair of tailored pants or a nice skirt with a t-shirt, a button down or a sweater set. Remember that it’s possible to meet some pretty interesting and important people at the bank, or even at Kinko’s, and you don’t always get notice to prep for first impressions.

Time to Dress: Before you ditch your suits all together, keep in mind that they still offer a great opportunity to dazzle people. There are some cases where suits still are the standard, so here are a few rules of thumb: Cocktail parties, business mixers (with some exceptions), meetings with big clients, meetings with people at major accounting or consulting firms (where you know they’re all in suits), formal presentations, special events and conferences.

Just keep in mind that there aren’t a lot of right or wrong answers when it comes to dressing up anymore. Your best cues are going to have to come from people you know, people you meet, and your own experiences. When all else fails, call ahead and ask what the appropriate attire is for the afternoon/evening. The bottom line is that your reputation is at stake with every person you meet, so be sure to put your best foot forward!

Add comment April 22, 2008

How Can I Break Into Magazines?

There’s a great resource that could help you get started writing articles for magazines, even if you don’t have any experience. (You just need the talent!) Check out a big reference book called The Writers Market. Last edition I had was red, but they publish new editions every year or so and it lists writing and submission guidelines for thousands of different publications. Just find the ones that are most relevant to the audience you want to address and what you want to write about and start pitching your articles! This would be a great first step to getting the experience you need in starting a magazine.

Of course, it would also help tremendously to have some experience working in or with one. You could always volunteer for a small publication on the weekends. You could also start by writing for the investment industry publications while you start to lay the seeds for your big career jump. Just know that starting a magazine is like starting a restaurant. The failure rates are through the roof, so just be very strategic, do your research, talk to a ton of people in the business, make sure you’re okay not making money for a while, and definitely think in terms of publishing online to start.

Also, YSN members Jennifer Iannolo and Mark Tafoya are actually the publishers of an award-winning online food magazine. You should send them a YSN message at some point! Oh, and I just noticed some people from Business Week and Entrepreneur magazine are online at YSN, too. Start reaching out to some of them. There actually a lot of people with experience in the publishing industry on the site.

Add comment April 21, 2008

Entrepreneurs: Where Do You Meet Investors?

You’ve probably heard it before, but it really is true. The best place to look for your first investors is almost always going to be your inner circle – friends and family. People who know you. From there, it’s all about friends of friends, or friends of colleagues – great referrals and contacts made by people who can vouch for you, your character and your business savvy. The next natural step is to more structured angel groups, or even venture capital forums. You’ll have to submit your executive summary, and maybe even a plan, for the chance to get invited to present to their group. This can be a great way to meet lots of prospects in one shot and get your feet wet with more formal, full time, and/or institutional investors (like VCs). But at the same time, realize you are still making a first impression, not to mention the fact that you’ll have to share your concept with a group or larger audience.

Some great networking places? Venture forums and VC mixers for sure – even if you’re not presenting. Most major cities have some sort of venture association that holds networking events. Also look into the Chamber of Commerce, the Junior Chamber (JCI) in your area, or better yet, the closest major city. Other great places are industry conferences and events. And if any of the major universities or colleges in your area hold business plan competitions or entrepreneurial events, definitely check them out too. Speaking of, your own alumni network is probably packed with its own possibilities.

Bottom line, always be making connects and let people know what you do and who you’re looking to meet. The best investors sometimes come from the most random of encounters. Also realize that raising money is a tough process that is totally unpredictable and comes with a very very steep learning curve. That’s another reason people say that you have to LOVE what you do… because you dedication and passion will certainly be put to the test.

Add comment April 18, 2008

Industry Spotlight: Weddings

Breaking into the wedding industry should be real piece of cake (ha!) simply because it’s such a big industry with tons of media, resources, products, services (etc.). It’s also huge since it affects people from all walks of life, every background, every age, and from every corner of the planet. Someone asked this question on the ANSWERS board at YSN.com so I thought I’d share the insight here, too.

weddingTo figure out the best way to break into the wedding world, start by thinking about what you actually want to do in it. Produce events, design dresses, sell invitations, publish new media? Even pick a few related options. Then start scouring the market to see what’s out there. Assess your competition.

Think about whether you want to try to build a national or international business from the start (easier if you’re an online business, of course) or a local business. If you go with the local angle, start to visit all of the local vendors. Ask them if they know of anyone who has the service or products you’re thinking of specializing in. Then, try to find your niche. What can you do that no one else is doing? Or what can you do that’s cheaper, more high end, more customized, more turn-key, less hassle… pick your angle and make a go at it.

Look for the industry trade associations online. Devour whatever info you can find like a butter cream topped piece of cake. Sign up for the newsletters or other publications of interest. Attend their events. Join their membership once you’ve vetted the more prestigious ones out. That will also make you look a little more official when you start marketing yourself.

My only other advice would be, if you’re totally unfamiliar with a new industry, start by dipping your toe in it first. Take baby steps. See how you can provide samples or one-offs of your product or service. Maybe even give it away for free a few times, just to get people talking… and make sure you get plenty of pictures, endorsements and raving fans out of it!

1 comment April 17, 2008

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