Most Common Entrepreneurs Error
Posted on September 1st, 2010
As a business owner and marketing, it is significant employment offer must know what types of businesses. They will also find their business in nature with the move, because people should know this. What is important here to learn how they work in an organization should include the selection of the server. Much to learn of what common mistakes most entrepreneurs make on a business is to assess marketing staff to workers to be useful.
A common mistake that entrepreneurs, business partners, forgotten founder of the problem as income in the first stage is known. Is sponsored by a company or a market now open to the public is ready to use, has contributed to the project partners see their jobs back. For the founders of this early and by the inclusion, the issue of shares to be abolished is a problem. To undertake shares as part of the eye, each of the founding companies of all proposed measures, a new corporate debt may be present. Before planning any major created to avoid the beginning or in the future, no financial problems, were defined. If you are late, you can begin the developers, the discussion about the difference in the stock price to create tax problems.
CP can handle mistakes entrepreneurs and venture capital market, the absence of an experienced lawyer. Say by a lawyer of their choice selection of many capitalist firms generally rate decision developers. With significant business experience, listening to catch the people some of the prominent lawyers, the negative side, it will likely focus rents. Much more entrepreneurial than those used for games is it better to hire someone. Deals to close quickly, easily understood in a position to human experience in this kind of lawyer. Common problems faced by these entrepreneurs also a smart business owner can recommend.
The only thing that matters should not be studied in detail in the selection process or a venture capital despite the assessment interview. Venture Capital is compensated in many ways has a large portfolio. Events in high cumulative preferred dividends, redemption and the main anti-dilution protection rights for several years, participation exercisable, include without lid.
An ambitious entrepreneur or entrepreneur must know what common mistakes entrepreneurs. To raise awareness of issues of legal and illegal, to avoid potential problems and working properly, you may want the job to come up with. They, not the legal aspects of entrepreneurship and corporate governance, violations and the resulting application have to pay a higher price.
Time Management Tips for Fall
Posted on August 31st, 2010
Changed schedules and vacations make it even tougher than usual to juggle business, family and play and back to school season can make it seem like there’s just too many balls in the air.
If ‘busy’ and ‘stressed’ describe you, knock some of the stress out of fall with my 11 Time Management Tips.
These other time management resources of mine will also help make it easier to balance your work and life while still accomplishing what you need to do:
- Organize Your Life!
- A System for Effective Time Management
- 5 Ways to Get More Time
5 Essential Characteristics for Today’s Marketer
Posted on August 29th, 2010
Today’s world of fast-paced technology advancements and ever-evolving media and marketing techniques requires marketers to be much more versatile than they had to be in the past. No longer are a you going to survive with a degree in marketing and a course on PPC under your belt.
The game has changed! Do you have what it takes?
Here are the five essential characteristics to be successful as a marketer in today’s world:
Risk Taker – The Internet has enabled “everyone” to be an Internet marketer. With that evolution, the amount of competition you have has increased exponentially–and your competition is much more diverse, skilled and savvy than ever before. In order for your marketing activities to be noticed among the barrage of messages out there, you’ve got to be a little daring. If you’re not willing to try new things, be a little uncomfortable and take some risk, you’ll drown in the sea of similar marketers, similar messages, and bland ideas.
Recommendation: Spend a day dreaming big. Let your mind wander. Come up with ways to get massive, immediate exposure for your business. Don’t let any limitations get in the way. Then, narrow it down to something realistic, yet crazy, and go do it. Have some fun.
Mad Scientist – Risk needs to be balanced with logic. This is where the Mad Scientist comes in. Recognize that I said “Mad” Scientist, not just scientist. Marketing has always been part science and part art. In the past, the science part was less visible and less accessible to the masses. Now, with Google Analytics, Website Optimizer, e-mail marketing (complete with open and click reports) and many other tools, tracking your marketing activites – both successes and failures – is easy. These tools bringthe science of marketing to any computer anywhere in the world. If you’re not the type that likes to experiment, test hypotheses, tweak the experiment and test again – over and over and over – then you may not be cut out to be a modern-day marketer. But, if you love test tubes, titration and mass spectrometry, it’s time to turn your skills in the scientific method into your method for determining what works in marketing.
Recommendation: Read everything you can at MarketingExperiments.com. Learn from others’ findings and get ideas for your own experiments.
Geeky Analyst - Experimenting is one thing. But analyzing the data afterward is an entirely different story. It takes a different skill set – a different kind of warped mind – to sit and look at the results through every possible lens to determine cause and effect, determine the salient variable, and ultimately determine what the data is actually telling you. If your inner geek gets excited about slicing and dicing the numbers and the reports, then marketing might be your specialty.
Recommendation: Read Avinash Kaushik’s Web Analytics 2.0. It’s not for the faint of heart, but there’s definite gold in those hills.
Code Monkey – A general working knowledge of basic Web layout and programming is required for today’s marketer. Why? Because you can’t devise an experiment if you don’t know what’s testable. You don’t need to know how to write a Java applet, but you need to understand basic HTML and CSS layout as well as the limitations of server-side and client-side scripting. Armed with this knowledge, the Mad Scientist in you can go to work devising all kinds of schemes for testing everything under the sun. Make sure the Analyst in you keeps the Mad Scientist in check. Too much data can be a bad thing.
Recommendation: Launch a WordPress site that you can mess with. Then, use the built-in editor to edit your Theme. Play with it, experiment, change font colors, sizes, styles, etc. Get familiar with the basic HTML tags and CSS styles.
Copywriter - Every good marketer needs to be able to write compelling copy (or at least be able to recognize it). Compelling copy is not always as cute, funny or clever as you may want it to be. That’s why the Mad Scientist tests everything. But decent copywriting skills can quicken the testing process by getting started with proven ideas. There’s no need to become a world-class writer, but understanding the psychology of writing powerful copy is a must.
Recommendation: Study John Carlton’s Simple Writing System. Read Influence: The Psychology of Persuasion by Robert Cialdini and everything you can find by Gary Halbert, Jay Abraham and other classic copywriters and marketers.
I don’t claim to be an expert at any one of these (except maybe the “Mad” part of “Mad Scientist”), but I do find myself continually seeking knowledge in each of these areas to become a better marketer. How does this stack up against what you’re seeing? Are there other characteristics you feel are essential? Let me know by commenting below.
Is Personal Branding Really Impersonal Faking?
Posted on August 28th, 2010
Don’t get me wrong: I think the thinking behind it, the advice wrapped around the idea of personal branding, is excellent. I’ve recommended, for example, Dan Schawbel’s personal branding book Me 2.0 and I’m sticking to it. Dan has a great collection of real-world suggestions in that book. But I’m beginning to think I hate the term. And maybe some of what’s behind it.
Last Friday I read Personal Branding is Bullsh*t (cowardly * by me, not her) by Arienne Holland, communications director of Raven Tools. She writes:
A person doesn’t need a brand. A person is a person whether or not there is paperwork filed with the government. A child doesn’t create a personality, she has one.
She also objects to a magazine article recommending personal branding for employees of large companies:
If you want to travel between companies, you don’t need a personal brand, you need skills and character and friends.
This was already on my mind before reading that because of a conversation I’d had a few weeks ago with my daughter Megan, marketing manager at Klout.com. At the time I was talking about some of Dan Schawbel’s recommendations, and Megan shared that she didn’t like the term. She explained that recently in Why I Hate the Term “Personal Branding” on her blog:
“Worse yet, there’s the idea that this is something new. Personal branding is just a new way to talk about reputation. Well, you know what? Reputation is a much better word for that.
Personal branding implies you should be fake to make it (if you disagree, do let me know). Before you tweet, interact, blog, or walk down the street you need to think if it fits with the you want to portray. Well, you know what, if there’s only one facet to your personality you’re not an excellent brand, you’re boring.”
She’s not objecting to the things we do as personal branding, at least not if it isn’t faked; instead, she is objecting to the term we use to describe it.
There’s a lot that I like about the whole field of personal branding, particularly the emphasis on actual people and authenticity and humans communicating with humans. But I admit, I hadn’t thought of the underlying meaning of the term “brand.” It does carry a sense of artificial to it, doesn’t it? It makes us think of Mad Men, advertising, consumer opinion research, and expensive advertising like insurance companies and such, on a very large scale.
Are you the same thing as your brand? If so, then what’s the point?
Life After Bankruptcy: 3 Things That Could Change After You File
Posted on August 28th, 2010
Today their are plenty of bankruptcy attorneys posting ads all over TV looking to give you the so called easy way out of your debts but is it. Before you can consider ever reason bankruptcy will solve your problems, you also need to consider what is life after bankruptcy like?
In this article I’m going to cover three things that could change you life after filing bankruptcy and give you several question you think about before you consider the big “B.”
Loans and Credit
The first thing that will change in life after bankruptcy discharge is the availability of loans and credit. In most cases your loans will be either liquidated or put into a payment plan and paid off over time.
Your credit score will be lowered dramatically with it now bearing the scar of bankruptcy. In fact you will not be able to get any type of loan for at least a couple of years.
The average bankruptcy will last on your credit report for a minimum of 7 to 10 years. This means no more credit cards, mortgages, car loans, or any other loans for that fact. Your life will literally come to a stand still as credit and loans will dry up like a dessert.
You will have to rely on cash only to survive. No more quick and easy credit cards to pay for dinner or a night out on the town. You will have to live a slimmed down lifestyle that will require you to have a strong will and a ton of patance.
Do you have the will?
Housing
The next thing that may change for you is where you live. If you are filing a chapter 7 bankruptcy you may lose your home, however with a chapter 13 bankruptcy they may be able to impose a homestead exemption to protect your home from being lost. However if your home has a lot equity in it they may likely sell your home in order to cover a portion of your debts.
The problem is life after bankruptcy chapter 7 and life after bankruptcy chapter 13 can effect where you may end up living at. As in the last section I talked about how your credit will be ruined once you file bankruptcy and receive your discharge papers. No lender in their right mind will give you a loan then.
This may force you find an apartment to rent. However the problem here is that most apartment owners are now looking at peoples credit scores as a way to qualify renters. If they see that you have a bad credit score and that you have filed for bankruptcy they be less willing to rent the apartment to you.
To make things worse you may to down grade the type of neighborhood you will live in altogether. In fact you may have to move to a neighborhood that has more crime, violence, drugs, and accepts section 8 housing. On top of that they may not have as high of quality schools which means this could have a huge effect on your child’s education.
Is this what you want for your family?
Your Job
Third, you need to consider how this could effect your career. If you’re in between jobs right or recently laid off this could effect where you will get your next job.
Employers are increasing checking potential employees credit reports as a means of qualifying them. The reason they are doing this is because they want to know how they handle their finances, but also because a lot of companies are starting to get away from the practice of asking for references.
The reason companies are moving away from this practice is because of the legal liabilities involved. So instead they will check their credit report to see how they handle their money.
This could potentially limit you to getting that dream job you have always wanted. Instead you could end working at a dead end job that is a lot less desirable. On top of that your pay will decrease and you will make less money all as a result of filing for bankruptcy.
Is this what you want to do to your career?
In Closing…
I hope this article has brought up a lot of interesting questions for you to consider. In the end it could mean the difference between you living the life you’ve always wanted to something that is not. I hope this article on life after bankruptcy will help you see that bankruptcy is something you should not consider lightly.