Showing posts with label 2014 business trends. Show all posts
Showing posts with label 2014 business trends. Show all posts

Wednesday, April 1, 2015

Your Business and Bad Decisions... It will happen

One of my most valued lessons is knowing that there are two bad choices every business owner will make in his or her life that will immediately be regretted- followed by a hard lesson. Trust me when I say that these two bad choices can be avoided, which is why I am sharing them. I don’t want you to learn these lessons the hard was so I am hopeful you will keep reading.

#1. Stating you tried your best and failed. We, as people, are conditioned to say “I’ve tried my best” when we are met with failure. Instead of knowing you have this label excuse in your back pocket, say something meaningful before a challenging task. Say “I will” and then do it. It doesn’t matter in life if you try or not. Millions of people try every day fail. Why? They have the “I’ve tried my best” excuse available. Make no excuses for failure, make up your mind not to fail! So, don’t regret letting a client or a boss down by stating this excuse. Instead, work harder and longer and make it happen.

#2. Refusing to apologize. This is a big one for most people. Don’t take the lame cop out with an “I’m sorry you feel this way.” What’s wrong with simply saying “I’m sorry”? Swallow your fear--or pride--and say you're sorry. Then you'll help the other person let go of their resentment or bitterness and both parties will be able to move on. Saying you’re sorry means you take accountability for something, a rare thing in today’s world.

So, remember – say you are sorry and refuse to try your best, instead do your best.

Until tomorrow,

Twyla N. Garrett

Monday, February 23, 2015

Are You Mentally Strong Enough For Business?

Are you mentally strong? Much like your body has to be worked out to become strong, the brain does too. Many of the most celebrated CEOs and business leaders around the world are know for being "tough as nails", but this didn't happen overnight. In fact, most CEOs have to practice being mentally strong. Here are the top five habits of mentally strong people.

#1. They don't attend pitty parties. That's right, the mentally strong don't feel sorry for themselves when things don't happen as planned. They don't blame others or dwell on things, either. So, if you want to be great, brush off something that didn't work out and move on without holding a grudge.

#2. They refuse to be complacent, even when the money is good. Yes, complacent only means you will one day be outdated. Embrace change and learn new things daily.

#3. They refuse to please others. Mentally strong people have a job to do. Worrying about pleasing others or how others will react is a distraction that will cut off money and success. Don't worry about people, worry about the task at hand.

#4. Don't give up after a venture fails. Most of the known CEOs have had failures. But they're out there, spinning a new business and looking at other opportunities. If you let failure stop you, then you really do fail!

5. Don't rely on the world for anything, including breaks. The world owes you nothing, regardless of how tough you had it as a kid or so on. If you know the world isn't going to give you a break, then you realize you have to try harder than everyone else to be successful.

Until Tuesday,

Twyla N. Garrett

Friday, February 20, 2015

Business Trends in 2015

I received an interesting question this past week. Someone wanted to know what business trends I've noticed for 2015 thus far. Well, I have noticed a few. I've listed them below.

#1 - The death of traditional advertising. -
Why pay thousands on a print ad when you can pay hundreds and reach a bigger audience?

#2 -E-commerce!
Social media sites are now allowing more embed codes to drive E-commerce sales. See a product topic on Twitter? You are able to view,link and buy too. Talk about impulse buying!

#3 - Online Video replaces SEO content.
You heard it here first! More videos are replacing the all-powerful SEO game. So, make those videos now and know how and when to release them in 2015.

#4- Engage customers through gaming
That's right. You are going to be able to use Farmville to promote your brand through gamification.

#5- Google search will not be as trendy as it is now.
For a second in 2012 it looked as if content writers were out of work and luck. Not so fast. In 2015 content producers will be back at work as it has been proven that user paid content makes more of an impact when it comes to brand association and loyalty!


Until Monday,

Twyla N. Garrett

Wednesday, February 11, 2015

Increasing Social Media ROI

You blog; You Tweet; You use every social media outlet out there.... you don't see more customers coming through the door. You're frustrated.

Don't worry. Social media ROI takes a while. You need at least a year or two to start seeing real traction. I know social media is updated every second, but the ROI isn't. In fact, when was the last time you purchased something because of a Tweet? Or you read a person's entire blog based off of a Facebook post? Exactly. Unlike popular belief, it takes a long time to build a substantial and attentive social media following where simply reading the post makes a person actually click through and engage with their wallet.

So, when measuring your social media efforts over a long period of time make sure you ask yourself these five questions;

1. What are my goals?

2. Are my goals reasonable to who I am and what my brand is?

3. How much content can I put online each and every day?

4. How will I measure offer-based content vs. non offer-based content?

5. How do I turn my views into email address subscriptions?

If you have an answer for all give of these questions, you can then measure your social media growth based on your answers. Yes, it is this simple. Using the answers to gauge growth, along with Google analytics , truly helps you see how many people are engaged and buying after a year, two years, or longer!

Until next time,

Twyla Garrett

Friday, October 24, 2014

9 Million People to Receive 'Green' Cards.

Here's some Homeland Security news for you, the Department of Homeland Security (DHS) is bracing for a couple of busy weeks- to say the least. The DHS is going to be reviewing work applications from an estimated 9 million immigrant workers thanks to an Executive Order that President Barak Obama is expected to implement later this year. So, what? Well, that is the million dollar question.

This information is relevant because US Citizenship and Immigration Services has published a draft contract proposal to buy the card stock needed to make work permits and Permanent Resident Cards, more commonly known as green cards. The proposal also calls for providing material for at least 5 million cards a year, with as many as 9 million “during the initial period … to support possible future immigration reform initiative requirements.” The contract calls for as many as 34 million cards over five years.

Basically, non-violent illegal immigrants will be protected and granted legal work status if they have children here in the USA. While many people may not like this concept- or may think it put the country at a disadvantage- there are more benefits to this action than not. These now legal workers have to pay into the tax system, which is a big plus. They will contribute to our medical system and they are trackable. Plus, they can't be taken advantage of in so many ways. It seems to be a win-win for both parties.

The DHS is going to spearhead this effort because it the president can authorize protection from deportation for immigrants on a case-by-case basis, such as with the DACA program, and issue work permits. If someone doesn't look like they working intent, but something more sinister in mind when it comes to being within the USA, we can get a heads up on the scenario (and handle it) through the DHS. This issue is something to think about for sure this weekend before forming an opinion if this effort is good for the country or not.

Until Monday,

Twyla N. Garrett


Thursday, August 7, 2014

Talk Yourself Out of Sales

Do you know that you can talk yourself out of sales? Yes, this is very possible. Some people thing they’re being charming when, in reality, their “charm” is helping them become further and further separated from a sale. So, how do you talk yourself out of a sale?

First, don’t wear sunglasses when meeting something new. I don’t care if you meet him or her in the daylight, take off the glasses and look them in them in the eye. If you are wearing sunglasses from someone first meets you, they will never trust you on an unconscious level.

You also need to understand that perception is reality. If you look well-kept, people will know you take pride in yourself and likely take pride in your work. If you leave the house looking like a slob…. Well, you know where I am going with this.

You easily share your problems. Let’s say you click right away with a new client. Great! Then you start telling him or her about your problems at home, how your kids misbehave, you share your bra size, your man troubles, etc. Yep, you’re talking yourself out of a sale and earning yourself a rep as potentially unreliable and unable to keep trade secrets. Be kind, be cordial, be impersonal!

These are just a few pointers when it comes to steering clear of losing a sale. Do you have some pointers for me? Please share them in the comment section below.

Until next time,

Twyla N. Garrett

Wednesday, June 4, 2014

Marketing, Are You At A Standstill?

I often watch new business owners put aside 5k for a marketing budget (based on a year) and then spend most of it during the first three months. They wait, wait and wait some more and still- there is no engagement. What happened?

Well, nothing. To be blunt, marketing isn’t a magic wand and it doesn’t reap rewards quickly. There is a lot that goes on behind the scenes of many marketing campaigns. Months of A/B split testing, checking out editorial calendars, etc. So, you need to open your budget more, target the right audience, and use multiple venues / avenues to get your message across.

Repetition is key. Three months of advertising o the same channel isn’t going to launch your business. You will find yourself at a standstill. My best advice is to have a realistic budget and then expectations (time wise) for your layered marketing campaign.

Until next time,

Twyla N. Garrett

Wednesday, May 28, 2014

Bad People: Homeland Security

We all have to work with one another when it comes to business. Even the Homeland Security industry, which it now is an industry, collaboration is key! Poor leadership or internal employee and sub-contractor issues can mean serious consequences when it comes to business of any kind, but especially with Homeland Security matters.

I recently read, “Bad managers are manipulative and might take advantage of situations to advance their own profile. For example, a manager could use the results of high-performing employees in his department to set himself up for a promotion.” This was in an article on how bosses use their employees to advance their own careers. Well, this is a perfect example of poor human behavior on any level.

How do you combat this from happening around you? Simple, communication and a zero tolerance policy. Now, there is hard work here. You can’t promote communication from an open door open down the hall or on another floor. You have to be in the mix of everything going on in order to be effective with your communication efforts.

I have noticed the offices with the most politics, back biting, and worst in human behavior tend to be the offices that look like cube farms or have many open doors located away from the bull pin. Improve your communication and overall performance with people better by designing an office that promotes connection and communication.

Until tomorrow,

Twyla N. Garrett

Thursday, May 8, 2014

Are You A Financial Sinner?

One of the biggest mistakes new business owners make are almost always financial. Business owners typically have a great idea but no degree in accounting, thus mistakes are made without knowing or without intent. I’m listing the most common business mistakes below in order to help you identify them and to prevent these financial hardships from happening.

Not keeping financial records up to date is the biggest headache. First, you are required by law to keep accurate and accessible financial records. Second, it is important to your P/L statement to keep the best financial records possible to obtain further capital, etc.

Inc.com states miscalculation of employee status is another no no. I agree! “This issue is becoming increasingly important as more businesses outsource jobs to contractors. It is also something the IRS has been paying close attention to, so be cautious! Misclassification can result in big fines and government scrutiny. Play it safe and classify accordingly,” according to Inc.com.

Finally, not incorporating your business. If something goes wrong, an unincorporated business puts the owner(s) at personal financial risk. An incorporated business does not. So, it is better to incorporate in most cases.

Until tomorrow,
Twyla N. Garrett

Friday, April 4, 2014

The Save Time Cure

Someone recently asked me how they can cure themselves of being stretched too thin. Easy! Stop multi-tasking. There isn’t a single shred of evidence that shows this is productive. In fact, multi-tasking is based on the sole concept of spreading yourself thin over a variety of tasks. Why do this to yourself? You will only become frustrated when you are producing a bunch of mediocre products / services!

The key to curing yourself of over extensions is to realistically schedule time for certain products and then refrain from checking your phone or answering the phone when you are working on them.

As you head into the weekend try to stop overcommitting or multi-tasking. I promise you will find the quality of your work goes up.

Until Monday,

Twyla Garrett

Monday, March 24, 2014

Persuasion , Are You Capable?

In business, as in life, sometimes a little persuasion is needed. This is a time to ask yourself if you are capable of pushing others to help you or accomplish something. In business, you need to be!

On this Monday morning I’ve decided to offer you two powerful tools for persuasion. In the Homeland Security business, we often have to use these tools at my company.

First, you have to be concise. People who go on and on and on tend to lose their audience, bore their audience and then tangle themselves up in details an investor or client shouldn’t ever hear about. So, if you want to be persuasive, be brief.

Next, you have to understand that visuals are key. People associated certain colors with certain emotions. Do your homework on the color of psychology and then create killer visuals that enforce what it is you are pitching. Again, keep your visuals concise.

You don’t have to be a marketing or sales genius to get your way, you only have to be short, sweet and to the point!

Until tomorrow,

Twyla N. Garrett

Friday, February 28, 2014

How to Name Your Business

If you’re selecting a business name understand there are a few strategies to consider in order to make your company compete better.

You don’t want to select a business name that only appeals to you. You need to choose a name that appeals to the kind of customers you want to attract. If you want a younger demographic, pick a name that could trend on Twitter. If you are going after a more corporate demographic, select a name that isn’t too edgy and acceptable within the corporate culture.

You also want to create a name that helps customers connect on a more emotional level. You don’t want a name that is confusions or based on a pun. You also don’t want to add the term “Inc.” unless you are actually incorporated.

Don’t forget to check out the completion, either. You don’t want to pick a name to find out months later there is another business already established with the same name and serving the same customers.

Until Monday,

Twyla N. Garrett

Wednesday, February 12, 2014

Sochi ; Did We Overreact?

You can’t always win with the media. This time last week, the major broadcast stations were busy noting how many opportunities terrorist had when it came to the Olympics in Sochi, Russia. While there are always concerns about safety and the Olympics, it was a particular hot button issue for many reporters.

Today, the concern isn’t as strong and things seem to be going smoothly. This is when we, as a country, shouldn’t let our guard down. The media reporting on how safe everything is right now sets a tone of lax and could open us up to security issues. There is, it seems, no middle ground with the press.

As the owner of a Homeland Security company, I would like the media to really start thinking about the tone they develop with their reporting. We should have honesty, accuracy and a straight-forward approach. Over-hyping potential incidents can equate to crying wolf when nothing happens and leaving us less likely to take future threats seriously. Stating the security concerns are not as validate as they were the prior week is also dangerous. It can instigate a potential security threat, or worse yet- an attack.

As we head into the final days of the Olympics, I truly hope the media uses their power to help maintain an honest, open and level-headed approach when filing their future reports.

Until next time,

Twyla Garrett

Tuesday, February 11, 2014

Communication Plan

In my business, communication means everything. You are either responding to or creating important communications. Regardless of your industry, being able to communicate is important.

Someone sent in a question asking about the main components to a good communication plan. Well, first there are two types of communication plans, external and internal. Do you have either one? You do need both.

Your external communication plan is all written collateral that you don’t mind sharing with the public or the media. The internal communications plan is more tricky. This is what you need to communicate amongst your staff and supporters.

To create a great internal communications plan, develop these statements;

Company mission

Crisis communications chart

What you are willing to talk publicly about and what you will not comment on

Your social media goals and topics for the next three months

What press releases are needed

Start with these components and then move forward. I promise, this will help you develop a great communications plan.

Tuesday, January 28, 2014

Branding and Sales

Here’s a business secret most entrepreneurs don’t want you to know…. They started their companies with an idea only, not a true foundation to what it is they are selling. Yes, many business owners started with a “Sell first, figure the rest out later” plan.

While you shouldn’t bank your entire organization’s success on this type of thinking, there is something to be said for building value with sales before it actually exists. So, how do you do this? First, understand how your services or products can help solve a problem for your potential client. If you can show him or her not how great your services / products are but how they will actually fix a challenge, you’re golden when it comes to value.

Next, understand your prospect’s ambitions and tailor your pitch to meet these. If you can’t meet the client’s ambitions, don’t promise to. You will both be disappointed in the end. Be honest but be prepared to sell the value in accomplishing goals for your client- or at least in helping him or her get there.

Selling your services or products as a new company (sometimes even as an established one) can be hard but that doesn’t mean it will not work. Be persistent and be ready to show how much value your potential client may be losing by not hiring you!

Until tomorrow,

Twyla Garrett

Tuesday, January 14, 2014

Are You Attractive?

OK, the title of tonight’s post may seem silly but there is a lot to be said for making your brand as attractive as you!

Your brand is representative your voice. Your business has to reflect what you stand for, what is sells, and the relationships it has with vendors and clients all through social media and traditional design and content marketing. Easier said than done? Yes! But that doesn’t mean it is an impossible task.

In easy terms, consider how you dress. Do you always wear black? Do you wear color? Are you defined by a signature hair style? If you have little things about your appearance that define you to your friends and family then you already know how to brand yourself. You just need to take this concept and apply it to your brand.

The next step is to remain consistent. If you are always evolving your appearance as a business people may assume that you have a brand identity issue happening- or worse, you don’t know who your customers are.

Being attractive to your demographic is a major part of branding and what makes and breaks certain companies.

Try writing down five consistent things about your personal appearance and your company’s brand right now. Then run a survey and ask your customers the same question about your brand. See if they can come up with the same answers as you. If not, you need to adjust your attractiveness to customers.

Until next time,

Twyla

Thursday, January 2, 2014

2 Sure Ways to Creating Buzz!

It's January. It's a new year. How are you going to get your brand and your business noticed this year? Chances are you don't have hundreds of thousands of dollars to compete as a start-up against the major players. Well, I've got a secret for you... tons of available cash doesn't have to be your make or break point. You can create your own buzz online and for very little money. Here's how:

Start with knowing who your audience is. If you don't know who to write for, you will not be great at creating meaningful messages. Sit down and take the time to define who your desired audience is when it comes to social media. Use this definition as your blueprint for creating buzz.

Next, create an idea bubble and then take these ideas and make them into an editorial calender. Follow your calender to the "t", but also make sure you are really interacting with online customers and potential customers. Don't rely on automatic systems to make your brand relevant. You have to be there, in the trenches, updating your accounts and responding like a real person.

That's it. If you do these two things, you're already ahead of the game. Too many people rely on autosend systems and reaching a wide audience that they forget the marketing impact behind planning and knowing who you are writing to / for.

I will be spending most of January talking about marketing and how vital it is for any business or brand.

Until next time,

Twyla