Archive for March, 2009
Two Business Tips I Learned from my Kids
I’ve got two elementary school-aged kids who just came home with report cards. Two very different kids, two very different strategies for navigating through school, and life. Two different parenting messages to convey.
Tip One: Give yourself a break. My 11 year-old daughter was extremely disappointed to have one B among all her A’s. She is a “pleaser” and anything less than perfect can be very upsetting. Call it a first born, Libra or “girl” thing, it doesn’t matter. I wish she would ease up on herself a bit. Mistakes are not a thing to be dreaded, they are to be learned from and then move on.
She is sometimes paralyzed to try new things for fear of not being great at them. She gave up on trying to ride a bike for fear of falling. We all know, the older you get – the harder it hurts when you fall. Both physically and metaphorically. But the best rewards come from trying the most challenging things and living to tell the tale.
In business as in life, only when you are being challenged are headed in the right direction.
Tip Two: Do your best. And then we have my son, second born, Taurus, Year of the Newt, I don’t know what the reason is, but he is the proponent of the philosophy “good enough.” He goes through his homework as fast as he can – often making simple mistakes – and not re-checking his work. “He’s not working up to his potential.” As is the standard teacher line.
But on the other hand, he is not afraid of failure. He’ll try new games, and keep practicing until he’s really good. He learned to ride a bike and then next wanted to learn tricks on it. The falling was one step closer to the success.
So where is the wisdom in this when he is getting C’s and D’s on his report card? He must learn to differentiate between accepting setbacks gracefully as a byproduct of ambition and only striving for mediocre. You might land in the same place – but the neural pathways created by the experience are entirely different.
I don’t require straight A’s from my children. I just want them to do the best they can, accept challenges as part of process and forgive themselves along the journey. The sooner we all figure this out, the more successful we will be.
Cheers.
-Kristin
The Freelancers To-Do List: 5 Steps to get you on your way
Hi all - As the economy “does it’s thing” (no need to get into that now), I keep hearing it’s a freelancers market out there. There are definitely pros and cons to the corporate life, but having been there, done that, and thrown out the leftover business cards – I’ve opted for the flexibility and variety that freelancing offers. So, if you’ve made that decision too, but not sure what to do next, this list is for you.
1. Establish your Personal Brand.
List your talents and attributes and things that make you unique. Are you a writer? Or are you a sports writer, humorist, community fly-on-wall? It’s worth taking a little while to get it right, because you then want to incorporate your personal brand onto your website, your business cards and your message. Consider a personal logo or color scheme.
David Cohen is a colleague and expert on the subject of branding.
2. Get Online
Even if you are an organic soybean farmer, in today’s market – you must have a relevant internet presence.
A simple blog, can be established for free in 10 minutes. www.wordpress.com. With a little more time and effort you can add a unique look and feel and all sorts of functionality.
3. Follow the Leader
I don’t mean steal someone’s business idea, just learn from the best. Do research. Is there someone in your field you admire? Buy their book, read their blog, take their advice. Most successful entrepreneurs are happy to mentor and help you learn from their mistakes. See what works, then differentiate into your own niche. You soon will have followers of your own.
4. Network.
Join groups on Facebook and LinkedIn, but also get out in person to local Meetups, conferences, business associations and so on. When I was helping a friend with his gourmet butter business, I discovered there was an official Association for Dressings and Sauces. There is something for every niche. If there isn’t, start one.
Let people know what you do, and foster genuine relationships with people.
When I was in Nashville at a songwriting conference I learned a rule about Open Mike etiquette which applies here as well. In Nashville, there are Open Mike Nights all over the city, and some of the more impatient up-and-comers, sign up for several different shows a night, wait their turn, play their song and leave for the next one. They don’t stay and listen to the other artists up on stage hoping to get their big break, they don’t mingle in the bar with the audience and other aspiring musicians and songwriters. This will get you noticed, but not in a good way.
Everyone thinks their own song (story, business plan, idea) is the best. But the best music that comes out of Nashville usually comes from collaborative talent, established relationships and artists “getting out there.”
When you network, be sure to listen as well as sing.
5. Get Down to Business
This is my least favorite part, which makes it all that much more important to have on the to-do list.
Figure out the billing, invoicing, taxes, cost overhead required and how to stay organized. Find tools for project management, customer management, payment processing, etc. Here’s a starting point: 85+ Freelancer Tools
Best of Luck!
-Kristin
Top 6 Questions to answer before embarking on a new website.
1. What is the purpose(s) of the site?
Here are some possibilities.
- Drive Revenue / Reduce Cost.
- Generate leads.
- Sell stuff online.
- Brochure for your Product or Service.
- Provide Customer Support.
- Go-to site for a Special Interest Group.
- Raise your profile
2. Who is your target audience?
- Potential Customers
- Existing Customers
- Only people you invite
- Authorized users only
- Anyone who can find it
- Only prequalified customers
3. What is your budget? Consider cost of both initial design and development and the cost for on-going maintenance. What’s your Return On Investment (ROI) goal? Be realistic. If you are creating a family reunion website – you probably don’t need to hire a graphic designer to create a template or logo. If you are growing your own business, you may want to invest in a unique brand and design. Some costs to consider:
- Branding/ Logo / Unique Design required
- Payment Processing required? Usually an additional monthly charge. What kind of volume? What kind of payments (credit card/ paypal, etc). Refund policy?
- Bandwidth and storage requirements. Will customers be downloading large video files from your site? Do you have a growth plan as your site grows? (Most hosting providers have different billing plans based on bandwidth/ storage usage.)
- Site Maintenance. Who is going to update your site? Budget for training if necessary or for paying a consultant to make changes when needed.
- Marketing/ Link Building/ Keyword Analysis. If you want to drive qualified traffic to your site through natural search engine optimization, you will need an expert to help determine the best keywords to use on your site and ensure that your target audience can find you. This too can be part of an on-going maintenance plan.
- Pay-per-click. If you have a high sales ratio (ie. percentage of people that get to your site and buy) you’ll want to consider a pay-per-click strategy. Cost depends on the popularity of the keywords you bid on among other things.
- Custom Development. Many times businesses have unique requests that require custom development. The good news is most websites allow open-source add-on solutions. Be sure to match your expectations of what a web site can do – with what you are willing to spend. Many big name websites that you see on the internet have huge budgets and large teams working exclusively on them. As a small organization creating an internet presence – I suggest starting with the basics, and grow as the business grows.
4. What is your domain name? Do you own it? Who is it registered with? Who has the username and password? Do you have the .com, .net or .org of the same name or possible misspellings? These may seem like simple questions – but many times have I seen a website completed, only to have the launch delayed because no one knew who manged the domain names or the domain name was already taken.
5. What is your email plan? Will you be creating and managing company email through the new domain name – (ie. kristin@kristincolier.com) or keeping another email provider. (kcolier@gmail.com). Again – simple question, complicated answers may come at launch time.
6. Can I do this myself cheaper? The answer is – yes.
Just about anyone can create an internet presence practically for free. There are two problems with this though.
- There is a learning curve which is usually not cost effective for most entrepreneurs. It draws your time and effort away from your own core business. And unless that business is designing websites – it tends to be obsolete knowledge by the next time you try and update/ create a website.
- Your website is like an employee of your company. It represents you. It answers questions about your business 24/7. It is an invaluable tool in making a positive impression on your target audience AND turning those site visitors into customers, subscribers or fans. A web presence alone cannot do that for you.
A well-designed, well-planned and well-executed website will work harder for you than most any other investment.
Come armed with these answers and your next project will be a success!
Cheers,
Kristin








