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How Passion Can Tranform Your Business

January 1, 2013 by Rosemary

By Chris Nosal

Today the world is more oversaturated than ever; on television you see insurance companies, retailers, car dealers, and pretty much every company under the sun all telling you they’ve got the lowest prices, and trying to compete by offering customers the best deal.

But, recently, I noticed there’s one thing missing from all these commercials, advertisements, and marketing pieces; something that would instantly make any company who used it stand out, so they could lead their industry instead of compete.

Want to know the secret?

It can be summed up in one word:

PASSION.

How To Apply Passion To Your Business

Imagine that you saw a car commercial, and while all the other companies were telling you about how they had the lowest prices, this company decided to innovate out of their passion, their love of what they do, and their desire to create the best experience in the world for their customers?

This company went a step ahead of all the other dealerships, found something they could improve (car buying is usually considered a pressure situation with a lot of hassle), and gave customers REAL BENEFITS that they could offer.

Now, imagine this commercial said:

“We want to make your car buying experience most pleasurable, simple, easy, and fun. We have a commission-free showroom, so that our focus is specifically on helping you, educating you, and making sure that you have all the unbiased information you need from our experts to make sure you get the perfect car for you… we also employ extra team members to make sure that you can always get helped right away when you come to our dealership; you’ll be welcomed the moment you walk into our dealership, because we believe our customers are people too, and people should be treated like family… we want to create the best car buying experience on the planet for YOU.”

Now, while this might be good for customers, it’s also good for your team of workers…

Your Business Needs A Bigger Purpose

People with a common goal connect with each other.

While the desire to make money might motivate the boss of most companies, it doesn’t often motivate the salaried or hourly people working for you.

So what does motivate people?

A PURPOSE

If you ask most people why they come to work each morning, you typically get a common answer, “because I need to make money”.

There is rarely, if ever, true loyalty to a company or business.

But why?

Simple.

Because your company lacks a purpose.

Imagine if you asked someone why they came to work each day, and they said:

“Well, I do need the money, but the job I do is also focused on helping people make important decisions in their lives, and my focus every day is on putting smiles on people’s faces with the service I deliver, making people happy, and enriching lives by giving customers the best car buying experience on the planet… and my every day my work helps me learn something new and grow as I connect with more and more people.”

Now, when a company pressures with sales deadlines, quotas, or commissions, that doesn’t give people a sense of purpose, a sense that they’re having a positive impact on people’s lives, or a sense of true purpose that goes beyond making money for the customer.

And if you give your employees a common goal that involves creating the best experience in the world for your customers, it’s good for your customers, it’s good for your employees, and it fosters loyalty all around, which usually also means many customers referring additional business to you.

The benefits of this are:

  1. You don’t have to play the price game… you play the “providing the best customer experience in the world” game.
  2. Your business grows as a result of customer referrals, because you provide the best service in the world.
  3. Your team members actually care about their jobs, and will work harder, longer, and even turn down other offers for a job that actually has meaning, and is focused on improving people’s lives.

The Key To Success Is NOT Competition

For years, the game of competing on competition has worked. But the world is growing more than ever before, and it’s becoming increasingly clear that competing on price or consumerism is NEVER going to work again, it’s time to start defining ourselves in a different way, and focusing on enriching lives, and creating amazing experiences for people.

If you make this your focus, give an actual purpose to your business that extends beyond simply selling something, and you share this vision you have of a better world with your customers; whether it’s creating the best breakfast restaurant on the planet, the most amazing online shopping experience, or just putting a smile on someone’s face, make your focus on something that has meaning to others, and you’ll be amazed at the transformation that will take place in every area of your business, and your relationships with everyone you work with and serve.

At the end of your life, the amount of money you made isn’t going to matter… but the legacy you create, and the ability of what you created to enrich lives, and make people happy, will love on long after you’re gone.

Author’s Bio: Chris Nosal is a marketing expert who writes at his blog http://chrisnosal.com, and gives private consultations. You can visit his website to download his free eBook, and read more free articles. You can also find him on twitter as @chrisnos, and on Facebook

Thanks Chris, great thoughts to start 2013!

Filed Under: Business Life, management, SOB Business, Successful Blog Tagged With: bc, customer focus, passion, purpose

Thanks to Week 376 SOBs

December 29, 2012 by Liz

muddy teal strip A

Successful and Outstanding Bloggers

Let me introduce the bloggers
who have earned this official badge of achievement,

Purple SOB Button Original SOB Button Red SOB Button Purple and Blue SOB Button
and the right to call themselves
Successful Blog SOBs.

I invite them to take a badge home to display on their blogs.

muddy teal strip A

They take the conversation to their readers,
contribute great ideas, challenge us, make us better, and make our businesses stronger.

I thank all of our SOBs for thinking what we say is worth passing on.
Good conversation shared can only improve the blogging community.

Should anyone question this SOB button’s validity, send him or her to me. Thie award carries a “Liz said so” guarantee, is endorsed by Kings of the Hemispheres, Martin and Michael, and is backed by my brothers, Angelo and Pasquale.

deep purple strip

Want to become an SOB?

If you’re an SO-Wanna-B, you can see the whole list of SOBs and learn how to be one by visiting the SOB Hall of Fame– A-Z Directory . Click the link or visit the What IS an SOB?! page in the sidebar.

–ME “Liz” Strauss

Filed Under: SOB Business, Successful Blog Tagged With: bc, blog-promotion, LinkedIn, small business, SOB-Directory, SOB-Hall-of-Fame, Successful and Outstanding Blogs

How to monitor the health of your online business

December 27, 2012 by Rosemary

by Rosemary O’Neill

These days, everything around us has a built-in indicator to tell us when something’s wrong. My car has been telling me I need “Service A4” for about a month now. Our iPhones have battery life indicators. Even my kids’ school lunch account pings me when it’s low.

But there’s no handy-dandy centralized indicator to tell you when your online business needs maintenance.

Key indicators for your business
Keep an eye on your key indicators

There are so many things to keep an eye on when you’re a small business owner or an entrepreneur.  
 
Industry developments, customer challenges, payroll, legal requirements, and (if you can squeeze it in) planning for the future, all must be monitored. Toss social media tracking and reputation management in the mix, and you’ve got a recipe for stress.

Let’s set up a manageable system that tracks only the most important indicators. Pull out your business plan and/or marketing and sales plan. What are your key milestones for success? What is your “red line” you can’t go below as far as sales pipeline or conversions?

Bearing in mind your goals and critical areas, here are some of the items you might want to add to your weekly checkup. I use simple spreadsheets.

Brand awareness indicators

Set up Google alerts on your company name and your own name, as well as your product name(s).
 
Visit Topsy.com for mentions on the web and on social networks (you can set up alerts or periodically check in). For the spreadsheet, you could track number of mentions over time to see if you’re on an upward trend.
 
Another indicator of increasing awareness is branded searches. In your Google Analytics, click Traffic Sources Overview. The keyword list will show you whether people coming to your site are typing in your brand name to get there. You could tally up the number of branded searches each week and track that trend as well.

Marketing and Sales Indicators

Again in your Google Analytics, track the number of new visitors over time. That’s a good indicator of increasing interest, and possibly marketing success.

Track true conversions over time. You can set up conversion paths within Google Analytics just by telling Google which action on your site represents a “conversion,” for example, subscribing to a newsletter or clicking the “buy” button. Conversions can also be tracked by dividing raw unique visitors by number of sales over a given time frame.
 
If you’re using Hootsuite Pro, you can get reports of activity across all of your connected accounts. This is a good way to keep your finger on the pulse of your social networks. Are your Twitter followers increasing? Is your content getting shared? Your dashboard should include some idea of whether your overall network is increasing.

One other statistic to track is the number of new incoming sales inquiries. Most CRM systems make it easy to keep track of new leads, but it can be as simple as tallying the number of new email inquiries from a form on your website. That’s the top of your sales pipeline, so you want this number to stay healthy.

Revenue, of course, must be on your dashboard as well. Be detailed enough that you can see which lines of business are doing well and which might be struggling. That might mean breaking out products vs services.
 

Planning for the future

Just as you get periodic checkups from your doctor, you should re-evaluate your plan and dashboard indicators routinely.

Weekly updates on the spreadsheets plus a quarterly plan review will keep you on track and allow time for course correction if necessary.

What are your key indicators for the health of your business?

Author’s Bio: Rosemary O’Neill is an insightful spirit who works for social strata — a top ten company to work for on the Internet . Check out the Social Strata blog. You can find Rosemary on Google+ and on Twitter as @rhogroupee

Thank you, Rosemary!

You’re irresistible!

ME “Liz” Strauss

Buy the Insider’s Guide to Online Conversation.

Filed Under: Blog Review, Checklists, SOB Business, Successful Blog Tagged With: Analytics, bc, dashboard, key indicators, sales and marketing, Trends

Thanks to Week 375 SOBs

December 22, 2012 by Liz

muddy teal strip A

Successful and Outstanding Bloggers

Let me introduce the bloggers
who have earned this official badge of achievement,

Purple SOB Button Original SOB Button Red SOB Button Purple and Blue SOB Button
and the right to call themselves
Successful Blog SOBs.

I invite them to take a badge home to display on their blogs.

muddy teal strip A

They take the conversation to their readers,
contribute great ideas, challenge us, make us better, and make our businesses stronger.

I thank all of our SOBs for thinking what we say is worth passing on.
Good conversation shared can only improve the blogging community.

Should anyone question this SOB button’s validity, send him or her to me. Thie award carries a “Liz said so” guarantee, is endorsed by Kings of the Hemispheres, Martin and Michael, and is backed by my brothers, Angelo and Pasquale.

deep purple strip

Want to become an SOB?

If you’re an SO-Wanna-B, you can see the whole list of SOBs and learn how to be one by visiting the SOB Hall of Fame– A-Z Directory . Click the link or visit the What IS an SOB?! page in the sidebar.

–ME “Liz” Strauss

Filed Under: SOB Business, Successful Blog Tagged With: bc, blog-promotion, LinkedIn, small business, SOB-Directory, SOB-Hall-of-Fame, Successful and Outstanding Blogs

Thanks to Week 374 SOBs

December 15, 2012 by Liz

muddy teal strip A

Successful and Outstanding Bloggers

Let me introduce the bloggers
who have earned this official badge of achievement,

Purple SOB Button Original SOB Button Red SOB Button Purple and Blue SOB Button
and the right to call themselves
Successful Blog SOBs.

I invite them to take a badge home to display on their blogs.

muddy teal strip A

They take the conversation to their readers,
contribute great ideas, challenge us, make us better, and make our businesses stronger.

I thank all of our SOBs for thinking what we say is worth passing on.
Good conversation shared can only improve the blogging community.

Should anyone question this SOB button’s validity, send him or her to me. Thie award carries a “Liz said so” guarantee, is endorsed by Kings of the Hemispheres, Martin and Michael, and is backed by my brothers, Angelo and Pasquale.

deep purple strip

Want to become an SOB?

If you’re an SO-Wanna-B, you can see the whole list of SOBs and learn how to be one by visiting the SOB Hall of Fame– A-Z Directory . Click the link or visit the What IS an SOB?! page in the sidebar.

–ME “Liz” Strauss

Filed Under: SOB Business, Successful Blog Tagged With: bc, blog-promotion, LinkedIn, small business, SOB-Directory, SOB-Hall-of-Fame, Successful and Outstanding Blogs

Thanks to Week 373 SOBs

December 8, 2012 by Liz

muddy teal strip A

Successful and Outstanding Bloggers

Let me introduce the bloggers
who have earned this official badge of achievement,

Purple SOB Button Original SOB Button Red SOB Button Purple and Blue SOB Button
and the right to call themselves
Successful Blog SOBs.

I invite them to take a badge home to display on their blogs.

muddy teal strip A

They take the conversation to their readers,
contribute great ideas, challenge us, make us better, and make our businesses stronger.

I thank all of our SOBs for thinking what we say is worth passing on.
Good conversation shared can only improve the blogging community.

Should anyone question this SOB button’s validity, send him or her to me. Thie award carries a “Liz said so” guarantee, is endorsed by Kings of the Hemispheres, Martin and Michael, and is backed by my brothers, Angelo and Pasquale.

deep purple strip

Want to become an SOB?

If you’re an SO-Wanna-B, you can see the whole list of SOBs and learn how to be one by visiting the SOB Hall of Fame– A-Z Directory . Click the link or visit the What IS an SOB?! page in the sidebar.

–ME “Liz” Strauss

Filed Under: SOB Business, Successful Blog Tagged With: bc, blog-promotion, LinkedIn, small business, SOB-Directory, SOB-Hall-of-Fame, Successful and Outstanding Blogs

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