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Secrets of an Enduring, Successful Business

September 3, 2015 by Rosemary

It was a crazy idea. What if we quit our regular jobs and went all-in on a business of our own? Could we really do that?

Turns out, yes we could. And have been for almost 17 years now.

In a world where we’re surrounded by “unicorns” and big exits, upstarts and startups, hardly anyone gives thought to what it takes to build an enduring, successful business. I’ve been in the trenches for a long time now, and here’s what I think the “secret sauce” is:

  • Be willing to do the hard thing
  • Go out of your way for your customers, treat them all the same, and with respect
  • Have a singleminded vision
  • But be flexible enough to change strategy when necessary
  • Watch the trends but don’t be a slave to them
  • Make all decisions as if you will be around for 15 years (no exit strategy unless you want your customers to be planning theirs)
  • Hire people who care as much as you do
  • Plant relationship seeds wherever you go, with no motive
  • Help others build their businesses
  • Don’t take anything (or anyone) for granted
  • Listen actively and constantly
  • Never burn bridges
  • Underpromise and overdeliver
  • Be accessible and real
  • Don’t be a doormat; stick to your guns on the important stuff
  • Decide what’s the important stuff
  • Make time for working on the business
  • Be a sponge; never stop learning, reading, growing your skill set
  • Inject humor whenever you can, and keep your sense of humor
  • Don’t be afraid to ask for help
  • Establish good partnerships with other business builders who compliment your own business
  • Let the competition worry about you; be aware of, but not focused on, your competition
  • Be loyal to your customers, even when they’re not loyal to you
  • Be gracious and kind, even if you’re not selected…you’ll get the next one
  • Internalize your customers’ dreams and their pain points
  • Take time to enjoy the fruits of your labor

Have you been in business for a long time? Please share your insights with us!

 

Author’s Bio: Rosemary O’Neill is an insightful spirit who works for Social Strata — makers of the Hoop.la community platform. Check out the Social Strata blog. You can find Rosemary on Google+ and on Twitter as @rhogroupee

 

 

Featured image via Flickr CC: scott1346

Filed Under: Business Life Tagged With: successful business

Should You Be Prone to Hiring Big Data-Skilled Workers?

September 2, 2015 by Thomas

Keyboard With Key LearnShould you be hiring candidates with big data skills?

As big data becomes a big part of many businesses’ operations, there are more candidates out there who have gained big data skills either through their job, or by specializing in big data during their studies.

If you’re considering taking on candidates with big data skills, what can those skills do for your business?

Big Data and Business

Big data has a wide variety of uses for your business. Sometimes the difficulty is deciding what to focus on first.

You can use big data to analyze your customers’ behavior.

This could include anything from purchasing trends to how they interact with your website. You can gain insights into who these individuals are, where they are, what they want and how they interact with you.

You can use big data to track your business processes and finances.

From tracking the way sales ebb and flow throughout the year to analyzing data from different departments, big data can give you insights into the way your business works.

You can use big data to keep your social media game on top form.

From figuring out which posts are getting the most customer engagement, to finding out what customers are  saying about you, big data gives you insights via social media.

Where to Find Your Big Data Candidates

So just where can you find your big data candidates?

There are two main ways:

Hiring a candidate who recently studied big data, or looking for someone with experience. Both have their advantages.

With more schools offering big data courses these days, you can find candidates who have been taught an in depth knowledge of big data.

As the article “Hiring Smart: The 5 Best Schools Cranking Out Big Data Job Candidates” says, big data students will have learned while training on real data sets, giving them the skills your business needs.

You can also hire candidates who already have experience in the field.

With more businesses making use of big data, so more professionals are learning big data skills and applying them in their roles.

Whether you hire a dedicated data scientist, or a skilled multi-tasker with big data smarts, experienced candidates will bring expertise to their role.

Big Data Can Be Applied In Many Roles

With so many uses for big data, there is the potential for you to make use of big data skills across departments.

Candidates with big data skills will bring an in-depth knowledge of how big data works, and how to make the most of it. Those skills can provide a real boost to your business; giving you candidates who can undertake in depth analysis and use the insights they gain to drive your business forward.

From analyzing data about your business processes, to streamlining your marketing efforts, candidates who can handle big data can do a lot for your business.

As well as hiring someone specifically for the role of data specialist, you will also benefit from looking for big data skills in any candidate who will be in a position to use data to gain insights.

There’s no doubt that big data is here to stay.

By hiring candidates who are confident handling big data, you will be providing your business with valuable skills that will benefit you in the long term.

Photo credit: BigStockPhoto.com

About the Author: Tristan Anwyn is an author who writes on a range of topics including social media, SEO that works, and how to make big data work for your business.

Filed Under: Business Life, Tech/Stats Tagged With: big data, business, employees, Hiring

Is Your Company’s Network Management Sound?

August 26, 2015 by Thomas

Young Business Executive Using LaptopTechnology is changing rapidly.

Is your business’s network management staying on pace with those changes or falling behind?

The antiquated main IT focus on hardware setup and troubleshooting has morphed to include tasks related to cloud services and more.

Since sound network management is directly linked to effective internal communications and business success, here’s how to ensure yours is staged for success now and in the future:

Consider Information Security

Your top concern regarding the rapidly changing technological landscape must be the security of your company’s information.

Hackers are a dime-a-dozen and information can be compromised on many fronts.

Work with your network management team to pinpoint holes in information security and take rapid action on any concerns that are voiced by the team.

Assess Company Technology Policies

Whether on a work computer, a personal smartphone or another device, employees can now access thousands of apps and software programs with ease.

This shift in available technology has softened the edges of once-strict company technology policies.

Workers who once feared the wrath of their IT department after downloading software without permission now don’t see the problem of installing an app for the transfer of company photography or of using an online spreadsheet program for the input of company data.

Before the use of such software at your company gets out of hand and possibly compromises the business’s security, take a hard look at your technology policy.

Assess whether the policy addresses the latest evolution in smartphone apps and other technologies and work with your network management team to revise the policy as needed.

Look to the Future Workspace

Employees who sit at desks in the office from 8 a.m. to 5 p.m. each day are quickly becoming the exception rather than the norm.

Flex and telecommuting policies are changing the way people work.

This workspace revolution is also changing the standards tasks that are associated with network management.

Just a few of the issues to consider regarding your company’s future workspace include how to deal with employees working from their private computers, how cloud services will change the way you do business and more.

Rather than ignoring these impending changes, face them head on to keep your network management one step ahead of the game.

Hire Innovators

If you are asking the question as the article, “Are you ready for the next generation of network management?” looks at, take an overview of your current workforce and consider the answer to that question.

If your company has an in-house IT department, consider the best professionals to hire into the department who can help lead your network into the next generation.

If your network management is outsourced, take a close look at how it’s being managed and if changes are needed.

By placing your network management into the hands of innovators, you can rest easier knowing it will stay in step with the future of business technologies.

Is your business ready for the next generation of network management?

Answer that question with confidence by considering the security of your company’s sensitive information, by assessing the business’s technology policies and more.

By taking action on the network’s weak spots now, you can keep pace with future changes in the technological landscape.

Photo credit: BigStockPhoto.com

About the Author: Shayla Ebsen is a freelance writer and editor with more than 10 years of professional writing experience both in the corporate and freelance settings.

Filed Under: Business Life, Tech/Stats Tagged With: business, network management, technology

Should You Be Dialed-in to After Call Surveys?

August 19, 2015 by Thomas

Customer Services RepresentativeIf you have ever been asked to provide your opinion or give feedback after you complete a call, you have just been involved in an after-call survey.

You may wonder if these surveys provide any value to the business, especially if you were one who elected not to participate.

Do they have any value in today’s business world? If so, what do you need to know to make them effective?

Know What You Want to Learn

There should be a reason for everything you do in business, and after-call surveys are no exception.

You should know what information you want to find out, how you will learn this information and what you will do with it. If you do not have answers to all of these questions, you don’t need to take a survey.

Creating a goal doesn’t need to be complicated. In fact, for these surveys, you should keep it simple.

Learn which call agents receive the best marks in customer satisfaction. Find out what percentage of customers have their problems answered when they call.

Keep your goals to one or two points to ensure that you get the information you are looking for.

Know What to Ask

Even if you know what you want to find out in these surveys, you won’t get the information if you don’t ask the right questions.

Make sure the questions are straightforward with enough options for the customer to answer accurately, but don’t overwhelm the person.

You cannot get feedback for complicated issues in this manner; keep your expectations simple and your questions easy to answer. You will use these surveys to gauge perception about general topics.

This may include finding out if the customer had a long wait time, if his or her questions were answered and if he or she was treated courteously.

Know How You Will Use the Data

Customers don’t mind filling out surveys or answering questions if they know their answers make a difference. They want to see that you make changes in your business based on the information they provide.

You should know before starting a survey what actions you will take with the results.

Obviously, if everything comes back positive, you won’t need to make changes. If you have less than desirable results, you should have a plan of what you will change.

As the article, “After Call Surveys: Are They Really Effective?” mentions, you should have a plan to follow up on any negative feedback.

You may even want to implement a mailed survey or contact specific customers if the reaction is strong enough.

The goal of any survey should be to make your business stronger, better and to improve customer satisfaction. When you accumulate information directly from the customer, this is your best weapon to improving your services or product.

Take your survey results seriously and they will be a valuable tool to help ensure that you retain customer loyalty so that your business thrives.

Photo credit: BigStockPhoto.com

About the Author: Joyce Morse is an author who writes on a variety of topics, including customer service and technology.

Filed Under: Business Life, Customer Think Tagged With: business, customers, feedback, surveys

Build Your Online Portfolio from the Ground Up

August 12, 2015 by Thomas

White Keyboard with My Story Button.Is your online portfolio ready to impress?

With potential employers checking out new hires online, having an online portfolio makes good business sense, providing a valuable introduction to your skills.

Your choice of information and how you organize it could make the difference between being hired and being overlooked, so just what should you include?

Start with these six things:

Lead Off with an Introduction

Visitors want to get a feel for the person behind the portfolio, so be sure to include an introduction.

Your introduction should inspire confidence, giving a brief background on what you do, and who you are. Keep it short, but relatable. Your visitors are interested in the person you are and what you are like to work with – you don’t need to include your life story.

Industry Awareness

As the article “The Power and Impact of an Online Portfolio” points out, it’s a good idea to start by asking yourself about the expectations within your industry.

What skills, qualifications and personal attributes are employers in your industry looking for?

By cultivating an awareness of what employers want, you can tailor your profile to make sure it answers those needs.

Clear Focus

Avoid confusion by keeping your focus clear.

An overcrowded portfolio will fail to make an impact. Instead, summarize your key skills in one or two sentences that will leave visitors in no doubt as to what they’ll get when they work with you.

Be sure to include a strong introduction, an easy to browse selection of your work, a clear call to action to encourage contact, and visible contact details to facilitate that.

Qualified Statements

The maxim “show, don’t tell” holds true when it comes to your online portfolio. It’s not enough to simply list what you’ve done – details about your achievements are a must.

For example, if you re-designed a website for a restaurant, don’t just show your design. Talk about how many more visitors they got as a result, or how much revenue increased after it went live.

Leave your visitors with a clear impression of what you can achieve for them when they hire you.

Your Best Work

Choose your work for your portfolio carefully.

This is your chance to show your best work. It can be tempting to include everything you’ve done. However, it makes better business sense to take the opportunity to showcase the best of your work.

As well as choosing your best work, be sure to include some background on each project, such as the remit for each one and how you set about completing it.

Provide the Right Layout

Layout matters when it comes to your online portfolio.

The focus should be on your work, not on the layout surrounding it. Aim for a clear, professional look that easily draws attention to what you want to say.

Your portfolio should be easy to browse, leaving your reader free to focus on the quality of your work.

Make sure your portfolio is mobile-friendly too, or you could risk losing mobile visitors.

Your online portfolio gives you an opportunity to make your first impression count.

Take the time to plan and build it with this in mind so potential employers will like what they see when they visit your online home.

Photo credit: BigStockPhoto.com

About the Author: Tristan Anwyn is an author who writes on a range of topics including social media, SEO that works, and careers.

Filed Under: Business Life, Personal Branding Tagged With: branding, business, Careers, online portfolio

Take Your Resume on the Road

August 5, 2015 by Thomas

Airplane At The Terminal Gate Ready For Takeoff - Modern InternaDon’t automatically turn down the idea of taking a gap year in between college and your first professional job.

If you spend that time traveling, you could be looking at better job opportunities on the horizon than if you go straight from college dorm to cubicle norm.

Here are some great reasons to fill your backpack and roam if you want to:

You Can Demonstrate Your Independence

Many employers complain that kids go from living at home to living on campus and then starting their first professional job without ever having to be independent. They then end up with young employees who don’t know how to manage their time at work, and can’t manage project tasks without asking everyone within sight for help.

When you do some traveling either solo or with a buddy, you can prove to interviewers that you know how to take matters into your own hands and take care of yourself without your parents’ help.

That says a lot for a 20-something, and it will help distinguish you from other job candidates.

Your Resume Will Grow

If your only jobs prior to college graduation were part time gigs like pizza delivery guy or dog walker, your resume is probably full of a whole bunch of white space. You need to find some way to bulk up your resume so it looks like you’ve actually done something worthwhile.

As the following article looks at, here is how travel enhances your resume.

You can add all the places you traveled to, new skills that you learned along the way, and include some references of places you stayed, such as bed and breakfasts, hostels, etc. If you picked up a new language during your travels, add that to your resume, too.

More to Discuss During the Interview

Interviews can get downright terrifying, especially when your interviewer asks you something, you answer with a couple brief words, and they say nothing more. It’s like they’re waiting for you to fill the empty air, but all you can hear are crickets.

As someone with some traveling under your heels, you won’t be short of stories to tell of your adventures.

You’ll find some way to integrate your travel tales with the job requirements your boss is looking for. Is he looking for a problem solver? Tell him or her about the time your taxi driver didn’t show up, but you made it to the airport anyway.

Is he or she looking for an arbitrator? Tell them all about your haggling skills in the open markets in Morocco.

You’ll Become More Worldly

There’s nothing more boring than a person who’s never been away from their hometown.

If a person doesn’t travel, they have little to no way to truly understand people or world events. There’s just no context in life unless you actually venture outside your front door.

A worldly person can make conversation with just about anyone on some topic or another.

As a job candidate – even one only recently out of college – you’ll exude more confidence and worldly experience if you take some time to travel before you settle in to a professional job.

Don’t let others dissuade you from traveling when you’re young and out of college. There’s no better time to see the world.

This is a time of life when you have no ties, no commitments, and no timeframe when you have to get back.

Roam around the world and come back a better person.

Photo credit: BigStockPhoto.com

About the Author: Kate Supino is an experienced traveler and recommends it to anyone who is the least bit curious about the world.

Filed Under: Business Life, Personal Development Tagged With: business, education, resume, travel

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