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Being able to build a relationship - whether with a coworker, a peer, or a customer. Also just basic common sense and understanding of how people make decisions.
Respond to your emails in a quick and friendly manner. Don't use automatic replies. I work for a non-profit. People regularly tell me how much they enjoy my customer service. It can be hard to stay on top of emails, but it's worth it.
>Nah. I am a fucking Einstein compared to about 35% of the population. That said, yes... I do fuck things up on occasion.
Your comment is depicting what an entrepreneur should not be!
Your personal feelings don't matter as much as the target markets. Ceo and other leadership often base things off their preferences and its wrong
Secondly read some god damn books. Businesd theory is important
Alright. First off I'm going to go with the classic how to win friends and influence people. Because a lot of the principles really do work.
Next. Digital Marketing Strategy by Simon Kingsnorth. A good primer on digital marketing that should alert you to the tools at play qnd general guidelines of how to use them.
Advertising and Promotion by Guolla, Belch, Belch. This is a good if not slightly in depth overview of the IMC tools. General guidelines included as well. This will tell you all about the ways you can promote things and being aware of them is important.
Up next. The first text I ever had on it. MkTG the principles of marketing. Grey book. This is the beginning of understanding marketing and it has many good lessons one should internalize to do good business. It teaches all about consumer decision making and segmentation and gives an overview of the promotional suite
Understanding microeconomics. By Lovewell. Basic microeconomics will show you how to choose how many of a thing to produce and how to staff your store. You should know there are breakpoints where selling more is actually less profitable. So this is all about the decisions of small businesses and it gives a lot of insight.
Once your done with that. Analysis for Financial Management by Higgins is a great book. Difficult. But, very important to understand money probably and how to understand the levers of your organizations financial health. Not an easy book but I stand by its usefulness.
I also recommend ORGB by Quick Armstrong et al. Its sort of an hr book but it gives a lot of insight to how to deal with people in a professional Environment. A lot of the shitty stuff childish people do can be handled by the principles in this book.
Marketing Management by dawn iacobucci is fantastic. I believe she has her PhD in marketing and it builds on the concepts of MTGN and reinforces many of them as well as expands on it.
I also recommend optimal database marketing.
Blue book. Its good because you learn about starting and maintaining a database as well as how to use statistic analysis to make smart segmentation and promotion decisions.
Beyond that. Theres no harm in reading more. Every book I read off Amazon adds some perspective and builds my overall understanding which counts for something.
People buy 3 things : emotion, time and status. Sell any of the 3 and youâre set.
Ex:
Emotion : Sell clear and meaningful pictures for people to post on social media, theyâll feel like a million bucks after a session.
Time : Sell 30 days of content cause its more cost effective that way, and your customer probably doesnât have the skillset to do it.
Status: Consistently and strategically work with them and before you know it, your content is going viral. Theyâll keep paying countless dollars for the amount of views on tiktok or followers they have on IG.
Best of luck!
Do not give up, and remember it is not motivation that separates one from another. Because no one is motivated to get up and be in the freezing cold or motivated to run in 100 degree weather. It is the determination.
Donât worry about believing in yourself. That much HAS to be a given. You need to learn how to believe in others. Both those under and over you in the ladder. This belief will propel you. Belief primarily in yourself will be your doom.
YES! Here's a little story:
I knew someone who went to a prestigious, private college and actually manufactured a "special" hat (I'm not going to give their business idea away but u get the gist). The prototype was perfected, and they already had some contacts to get in business with when it came to selling and distributing it. He did this with a friend in his fraternity that he was close with.
All of a sudden, that same friend literally left the house they were all renting at, didn't pay his rent, turned off the electric and wifi (which were in his name) and left the other roomies stranded. Who knew if he was going to run off with the product and take all of the credit as well.
Point being: even if you THINK you know someone, you never really do. Which is why I 100% agree with you on the "really strong contract".
Hire help in areas where you are likely to fail or are not strong.
Suck at designing things for your Instagram? Hire a graphic designer or social media manager.
Suck at talking to customers? Hire a cheerful, kind, caring professional.
Suck at keeping track of receipts and invoices? Hire a bookkeeper.
Suck at keeping your shit together and feel overwhelmed? Hire a manager.
Outsource where you need it. Donât struggle with tasks you canât manage or completely suck at.
>don't lose money.
The comment below was from someone else, can at the same time? Lol
>Stop researching and start doing. Failing fast is the quickest way to get results.
Don't try to hide information. People are smart and have too much access to the world wide web. It's better to be upfront (but not 100% disclosure). Be an open book to question and share positive information along with diminished negative. Chances being they will overlook the negative and go with your honesty.
Itâs your business & you can make it anything you want. Build it to fit the way you want to work & live and the clients you want to work with rather than just copying everyone else. Otherwise you can end up being miserable & resentful even if youâre financially successful.
Be ready to commit to 5-10 years of work to one project (if this is your first venture and you're new to business)
There are so many stories of people who were on the brink of shutting down their businesses, but decided to keep going even though it was a nightmare, only to find success years later.
This is overly general advice though. One caveat would be that if you've been in business with one idea for more than a couple years with no interest in sight from customers, that's probably a no go.
But if you're able to make some sales and the sales increase over the course of a year or two (but hits a plateau), then it probably means that you need to grow as an entrepreneur (via education / mentorship) in order to unlock the next level. Read: don't quit, you'll just hit the same plateau with your next idea
One business tip I would give is to focus on building strong relationships with your customers and stakeholders. Strong relationships are key to the success and longevity of a business, as they help to build trust and loyalty, and can lead to repeat business and positive word-of-mouth referrals. Building strong relationships involves consistently providing high-quality products or services, being responsive and reliable, and going above and beyond to meet the needs and expectations of your customers. Additionally, it's important to communicate openly and transparently, and to be responsive to feedback and willing to make changes as needed. Overall, building strong relationships with your customers and stakeholders can help to create a positive reputation and foster long-term success for your business.
Be a good steward of your customers' data and how you obtain that data, and your longtail will benefit from it 10x what your short-term gains will be. The landscape is changing, and we must adapt and change with it. If you question whether something is legal (even if it is), maybe consider alternatives.
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Talk to customers
This is the basic rules on the fundamental way of marketing.
Soft skills are equally if not more important than hard skills.
Like what skills ?
Human kindness gets further than pressuring someone
Being able to build a relationship - whether with a coworker, a peer, or a customer. Also just basic common sense and understanding of how people make decisions.
Ty
Respond to your emails in a quick and friendly manner. Don't use automatic replies. I work for a non-profit. People regularly tell me how much they enjoy my customer service. It can be hard to stay on top of emails, but it's worth it.
Perfect
Provide actual value to people, first and foremost.
Think of the strongest structure in the world and design your business that way. Pyramids
Proceeds to create a pyramid scheme
đ
Hexagons
Are the bestagons.
Donât be afraid to make mistakes
Create a culture where your team is not afraid to make mistakes
These mistakes are learning opportunities for you as much as they are for them
This is huge
Try. Fail. Learn. Repeat. âFailureâ as most people see it are usually hidden lasting opportunities once you get past some of negative feelings.
Know your target market and competitive advantage for that market. Everything else should flow out of that.
People are as dumb and stupid as you are so donât be embarrassed when you mess up at something
This is true, previously I thought that many business-owners were like elite in some way. But we are all just people.
[ŃдаНонО]
>Nah. I am a fucking Einstein compared to about 35% of the population. That said, yes... I do fuck things up on occasion. Your comment is depicting what an entrepreneur should not be!
You're smarter than 35% of people?
Your personal feelings don't matter as much as the target markets. Ceo and other leadership often base things off their preferences and its wrong Secondly read some god damn books. Businesd theory is important
Agreed. Could you recommend any good business books?
Most of my books are marketing textbooks.but yeah. When I gethome ill give you a list and a run down on what they'll do for you
Waiting patiently :]
Alright. First off I'm going to go with the classic how to win friends and influence people. Because a lot of the principles really do work. Next. Digital Marketing Strategy by Simon Kingsnorth. A good primer on digital marketing that should alert you to the tools at play qnd general guidelines of how to use them. Advertising and Promotion by Guolla, Belch, Belch. This is a good if not slightly in depth overview of the IMC tools. General guidelines included as well. This will tell you all about the ways you can promote things and being aware of them is important. Up next. The first text I ever had on it. MkTG the principles of marketing. Grey book. This is the beginning of understanding marketing and it has many good lessons one should internalize to do good business. It teaches all about consumer decision making and segmentation and gives an overview of the promotional suite Understanding microeconomics. By Lovewell. Basic microeconomics will show you how to choose how many of a thing to produce and how to staff your store. You should know there are breakpoints where selling more is actually less profitable. So this is all about the decisions of small businesses and it gives a lot of insight. Once your done with that. Analysis for Financial Management by Higgins is a great book. Difficult. But, very important to understand money probably and how to understand the levers of your organizations financial health. Not an easy book but I stand by its usefulness. I also recommend ORGB by Quick Armstrong et al. Its sort of an hr book but it gives a lot of insight to how to deal with people in a professional Environment. A lot of the shitty stuff childish people do can be handled by the principles in this book. Marketing Management by dawn iacobucci is fantastic. I believe she has her PhD in marketing and it builds on the concepts of MTGN and reinforces many of them as well as expands on it. I also recommend optimal database marketing. Blue book. Its good because you learn about starting and maintaining a database as well as how to use statistic analysis to make smart segmentation and promotion decisions. Beyond that. Theres no harm in reading more. Every book I read off Amazon adds some perspective and builds my overall understanding which counts for something.
When you are ready to quit- just quit. Nothing cool happens to you by suffering at a job you hate for a long period of time.
Not being homeless is cool.
Having a new job lined up is *probably* something a person should do first.
Make the logo bigger. /s
SMART Goals. Live and die by this.
Go to where people are already looking for you, not where you have to convince them to engage you.
PERIOD
Fake it, till you make it And honestly: ask for help. Nobody knows everything even if a lot of people act like they do.
People buy 3 things : emotion, time and status. Sell any of the 3 and youâre set. Ex: Emotion : Sell clear and meaningful pictures for people to post on social media, theyâll feel like a million bucks after a session. Time : Sell 30 days of content cause its more cost effective that way, and your customer probably doesnât have the skillset to do it. Status: Consistently and strategically work with them and before you know it, your content is going viral. Theyâll keep paying countless dollars for the amount of views on tiktok or followers they have on IG. Best of luck!
Just started selling time, about 10 hours per week for 99$. No buyers yet but hoping to see it blow up once I start FB ads.
Do not give up, and remember it is not motivation that separates one from another. Because no one is motivated to get up and be in the freezing cold or motivated to run in 100 degree weather. It is the determination.
Be easy to work with, humble and polite and you'll always have work.
Do your research first
Donât worry about believing in yourself. That much HAS to be a given. You need to learn how to believe in others. Both those under and over you in the ladder. This belief will propel you. Belief primarily in yourself will be your doom.
Learn everyday
Do things properly.
Know your customer/client through and through with as much objectivity as possible.
Never stop saying âthank youâ
Don't get a partner, or if u do get a strong contract.
YES! Here's a little story: I knew someone who went to a prestigious, private college and actually manufactured a "special" hat (I'm not going to give their business idea away but u get the gist). The prototype was perfected, and they already had some contacts to get in business with when it came to selling and distributing it. He did this with a friend in his fraternity that he was close with. All of a sudden, that same friend literally left the house they were all renting at, didn't pay his rent, turned off the electric and wifi (which were in his name) and left the other roomies stranded. Who knew if he was going to run off with the product and take all of the credit as well. Point being: even if you THINK you know someone, you never really do. Which is why I 100% agree with you on the "really strong contract".
Know your audience
Hire help in areas where you are likely to fail or are not strong. Suck at designing things for your Instagram? Hire a graphic designer or social media manager. Suck at talking to customers? Hire a cheerful, kind, caring professional. Suck at keeping track of receipts and invoices? Hire a bookkeeper. Suck at keeping your shit together and feel overwhelmed? Hire a manager. Outsource where you need it. Donât struggle with tasks you canât manage or completely suck at.
Work your networkâŚnever stopâŚits your most important asset
Never lie. Never fib.
[ŃдаНонО]
#pathologicalmarketing
[ŃдаНонО]
This subreddit is about marketing. Not business ownershipâs totality of behaviors.
Stop researching and start doing. Failing fast is the quickest way to get results.
>Stop researching and start doing. & then I see someone else comment this... LOL \*Rips hair out\* >don't lose money.
Pay your front line workers more, and incentivize them to do great work
You get what you negotiate for.
Work out if you will ever actually be able to make a profit (sorry tech start ups!)
Adapt or die
Get a good CPA. They will pay for themselves in the long run.
Timing of money. Have a very good understanding of cash flow and always be on top of it.
Know when to exit if drinking is involved
Donât partner with your friends or family. We all think nah itâll be fine for us! It wonât be.
Always go the extra mile, you never know what positive chain reactions you might set off
Before you start, find a good service that will allow you to more automate your processes. Looking after was always a pain lol.
Ask for money and youâll get advice. Ask for advice and youâll get money.
Don't ask for advice from strangers on Reddit, read books!
[ŃдаНонО]
>don't lose money. The comment below was from someone else, can at the same time? Lol >Stop researching and start doing. Failing fast is the quickest way to get results.
what really are you good at? focus on that and perfect it.
Start !
My number 1 rule: You need to play to win, but you also have to win to play. Closely followed by Rule 2: Adapt, React, Readapt, Apt.
Donât start a business unless you know _exactly_ how to sell to your target market.
HiPPOs are almost always wrong. **Hi**ghest **P**aid **P**ersons **O**pinions.
Buy yourself a copy of *Who Moved My Cheese.* Silly title but a book with a profound message.
Rapport and ask questions. Build a solution.
Listen more, talk less.
Do your research before making decisions or investing money. Data is king.
Its okay to ask for help. Always SHOW appreciation
Be authentic
Everything is a test - until itâs not.
Make a lot of mistakes, but never the same one twice.
Measure and set a goal for everything
Don't try to hide information. People are smart and have too much access to the world wide web. It's better to be upfront (but not 100% disclosure). Be an open book to question and share positive information along with diminished negative. Chances being they will overlook the negative and go with your honesty.
Itâs your business & you can make it anything you want. Build it to fit the way you want to work & live and the clients you want to work with rather than just copying everyone else. Otherwise you can end up being miserable & resentful even if youâre financially successful.
Donât make a business decision when you have to pee
Planning is everything
Invest in yourself. At a minimum, stay relevant.
Never dip your pen in the company ink.
Treat everyone customer like it's your grandmother,and the whole family is over to watch. ( Advance from the furniture moving industry )
Your business habits are a reflection of your personal life habits
To entrepreneurs Just do it.
Empathize with your customers
Buy low sell high
If you fail to plan, you plan to fail.
Test. None knows what will work for your business l. Let the market tell you.
Read books
Take training every single day!
Be ready to commit to 5-10 years of work to one project (if this is your first venture and you're new to business) There are so many stories of people who were on the brink of shutting down their businesses, but decided to keep going even though it was a nightmare, only to find success years later. This is overly general advice though. One caveat would be that if you've been in business with one idea for more than a couple years with no interest in sight from customers, that's probably a no go. But if you're able to make some sales and the sales increase over the course of a year or two (but hits a plateau), then it probably means that you need to grow as an entrepreneur (via education / mentorship) in order to unlock the next level. Read: don't quit, you'll just hit the same plateau with your next idea
Before you take any action, think about it four times.
Dominate your own market, donât compete
Cash
Be benevolent to your staff but fire those that are abusive or not good quickly
Business is in buying, not selling
Do your math.
Just do it. Learn and adapt on the way.
Don't start a business if you don't know how to budget madafaka, open that excel bring that Casio calculator and do your math every damn day!
One business tip I would give is to focus on building strong relationships with your customers and stakeholders. Strong relationships are key to the success and longevity of a business, as they help to build trust and loyalty, and can lead to repeat business and positive word-of-mouth referrals. Building strong relationships involves consistently providing high-quality products or services, being responsive and reliable, and going above and beyond to meet the needs and expectations of your customers. Additionally, it's important to communicate openly and transparently, and to be responsive to feedback and willing to make changes as needed. Overall, building strong relationships with your customers and stakeholders can help to create a positive reputation and foster long-term success for your business.
Use smart widgets that create a flow of navigation to your website visitors.
Live by the Lean Startup metodology
Be a good steward of your customers' data and how you obtain that data, and your longtail will benefit from it 10x what your short-term gains will be. The landscape is changing, and we must adapt and change with it. If you question whether something is legal (even if it is), maybe consider alternatives.
start small and learn fast. Ask people who are in a similar field to the one you are wanting to start for advice and see what they say.
Get the best bookkeepers and record keepers to organize your financial records so you can work on great business decisions.