Archive for Networking

I attended the Small Business Forum & Leader Awards luncheon today, sponsored by the Columbus Chamber and Columbus Business First (among others). Very inspiring!

Despite everything we hear about the economy, there ARE entrepreneurs and businesses out there not just succeeding, but thriving – at $1 million levels and beyond!

I thought I would share a few things I learned today. (These are from my fast and furious notes, so any mistakes are mine.)

First a few points from keynote speaker Bea Wolper, President of Emens & Wolper Law Firm:

The top 2 key areas businesses are (or should be) focusing on in terms of growth and attracting clients:

Word or mouth and referrals. Wolper said this isn’t new . . .  but from my viewpoint, just goes to show how important it is that we are actually making this happen. It can be very easy to get involved in other strategies or tactics to build our businesses, but this tried-and-true method is critical.

Social media for marketing. Wolper took a quick straw poll of the room, asking how many business owners were using some form of social media. Not as many as I thought! Social media isn’t the only way to market, but small business owners need to at least learn what it can do for them, and make informed decisions in terms of strategy and execution.

Wolper offered a few other ideas that small business owners can implement to make a true difference in moving forward in the “new normal” of today’s economy:

Focus on receivables. While things remain tight in the economy (and really – always), smart business owners know what’s going on with their receivables. They’re willing to be (ethically) creative to help customers stay current and keep the cash flow going.

Establish an advisory board. Get mentors and experts to help you guide your business . . . an outside perspective is critical to growth.

Take time away to think. Most business owners will say something like, “I’m too busy running my business to take time out.” Wolper shared a story of a business owner who did just that. He had some important decisions to make regarding health care plans – and could have made a quick decision on the fly. But instead he hosted a brainstorming session, yielding an idea that saved his company $40,000. So the message? It actually does pay to take time away, and just quietly think about where your business is going next.

And I’ll end this post with two quick facts about small business ownership and the Columbus region:

  1. In the United States, 8 out of 10 new jobs created are by small businesses.
  2. 9 out of 10 Columbus Chamber members are, you guessed it . . . small business owners. And they directly contribute to this region’s success today and in the future!

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This month I’m sharing my ideas and comments from Harry Beckwith’s Selling the Invisible . . . services.

Services are in fact invisible – you are selling a promise to your client that you will help them get or achieve something in their business.  They are buying into you, your expertise, and your promise. But do you know their decision triggers?

We like to think those triggers are a logical process of research, comparison, and rational decision making. But because we’re people, it doesn’t always work out that way, does it?

There are 3 triggers Beckwith describes that you have to remember when creating visibility for yourself and marketing to potential clients:

Familiarity. Do you ever notice that some service professionals or companies are everywhere? They’re on social media, at networking events, being written up in the local paper, and making client calls. This isn’t magic – it’s about a marketing plan that creates familiarity with your potential and current clients. Potential clients, because they get to know you as a credible resource. Current clients, because it validates they made the right decision in hiring you, and will refer you to others.

Ask yourself, how familiar are you to those in your market? And how familiar are you with alliance partners that can refer business to you?

Recent Exposure. This is all about follow-up. How many times have you engaged with a potential client and then there was no regular exposure, or follow-up? It’s OK to be honest here, we’ve all done it. The very successful create a follow-up plan and work it consistently. First, get clear on how you want potential clients to engage with you. Is it via your website, a free consultation, a monthly education session?

For example, in my coaching practice – I like for people to engage with me via my website. There they can get to know me through my blog and other free resources I provide. They can opt-in to my community and receive regular communications from me. Remember to keep it simple – but create and follow through on your follow-up plan.

Good Enough. This one was eye-opening for me. Beckwith explains that “people do not look to make a superior choice; they want to avoid making a bad choice.” In other words, they are looking for a service that is good enough to meet their needs at the time. I always figured that people want to make the superior choice – but when I analyzed my own buying patterns, I realized that often times I made choices with the best information I had in front of me at the time – the good decision to get me where I wanted to go next. Your clients are doing the same thing. Instead, we need to be looking at the fears holding our clients back from making a buying decision, and address those.

For example, on the training development side of my business – one common fear is that because I’m an outside firm, I may not understand the nuances of their business in creating their training course ware. So it’s my job to eliminate that fear – with business results I’ve achieved in similar situations, describing the process I undergo with each new client, my ability to create a partnership with their company.

Get to know these triggers, because more often than not, it’s exactly how your clients are making their decisions.

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I delivered my third Toastmasters speech today, cold and all!

Because I’m in training and development and I’m a business coach, I often find myself speaking to groups – whether live or virtual. It’s easy to fall into a rut with the way we present ourselves and our content to others.

Every time you speak, write an email, post a blog, or use social media – you’re in fact making a presentation. That directly relates to how you and your message are received, and your credibility. And as a business owner, I believe your ability to attract clients and close business.

So I chose to talk about simple ways to recharge presentations and selected 3 tips that could be applied in most any situation.

While these tips are specifically geared toward presentations – whether live or virtual – they can also apply to other aspects of your communication with others.

Create a hot start with a compelling introduction. Your audience will make judgments about you, your message, and your credibility within the first couple minutes (maybe even less). That impression tends to last throughout their experience with you. Make the most of that time by creating a compelling introduction. Before you even get to that opening content, you want to pique curiosity, create surprise, and grab your audience. A simple way to do that is with a poll question. Formulate a question that is relevant to your audience and the content, and also creates conversation.

Stir emotions and improve engagement with stories. Our brains simply can’t remember boring things! We are programmed for stories. Why? Because stories attach meaning to the details, making them more memorable. Look for places in your content where storytelling may better convey your point, rather than just pure information telling.

Use the 10-minute rule. No matter how engaging you are, or how interesting your content – it’s human nature for people to tune out after about 10 minutes. Solve that by introducing a change at 10-minute intervals. That could be a poll question, a story, or simply a transition to a new topic. This keeps your audience with you and looking forward to what’s next.

Just implementing one of these techniques in your next presentation, virtual meeting, or informal interactions will make a difference in how your listener perceives you and your message – you’ll be credible and memorable!

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I had the chance to talk with Jason Alba a few weeks ago. I’ve followed him on LinkedIn for awhile and really like his open, honest approach to his business and how to best use LinkedIn.

My question: “What are some of the biggest mistakes you see entrepreneurs making in LinkedIn?”

Here’s what we talked about:

1. Your profile is not comprehensive enough. When someone lands on your profile for whatever reason – whether it’s through a common connection, a purposeful search, or by complete accident – what will they find?

Will they stay to read more?

Many of us are not taking full advantage of our profiles. Your profile shouldn’t read like a resume – in fact, far from it. It should allow others to get a true sense of who you are from a professional standpoint. Take time to create a header that stands out, use a professional and friendly photo, and spend some time on that summary! Your summary is your story – it should intrigue your reader, make them want to say, “Wow! I need to get to know her!”

2. You’re a passive, once-in-a-great-while user. Like any succesful networking and relationship building, LinkedIn takes involvement. Search for keywords and companies to find people in your target market that you want to connect with – and seek people out. When you meet people at live networking events, follow up with a LinkedIn invitation. Search and join groups where your target market hangs out.

One last thing . . . make sure that profile is as clean, clear, concise, and pristine as possible. As a business owner you’re expected to be the best!

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Jul
31

#follow friday tweeps of the week

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One thing I try to do is take some of these online relationships offline where it makes sense – whether that’s a phone call, teleseminar, coffee, or lunch.

I got to thinking about a couple of those people and wanted to recognize them this week.

My tweeps for this week:

@networlding – Get to know Melissa Giovagnoli, the founder of Networlding. We actually met via LinkedIn, and over the past 4 months have developed a great working relationship and friendship! I love the concept of Networlding – aligning our goals with our values, creating high-quality relationships with those who share our values, and then creating transformational opportunities. I encourage you to read the book, follow her on Twitter, and join the Networlding group on LinkedIn.

@inspiredgal – Christiane Holbrook has such a giving spirit, and a great resource for you around creating effective, meaningful product and program launches. And she’s a joy to talk with, very inspiring – get to know her!

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Jul
28

Has your network been served?

Posted by: Amy Franko | Comments (0)
Does your network get stellar service from you?

Would your network tip you for the service you provide?

Call me crazy, but I’m someone that actually enjoys networking.

I love meeting new people, creating connections, and finding ways to work with others.

I think of my network as a real-live group of people – not just names in a contact database – that I get an opportunity to help and learn from – and I think that outlook helps me to enjoy it.

There are three things I focus on when building my network:

Share who you know. I’ve made it a habit to connect people with common interests – be it business or personal. It might be an email, a LinkedIn message, or a tweet – but I’m very aware of looking for common ground – and so I find it more often.

I used to shy away from doing this because I thought making a connection implied I was somehow accountable for what happens from there. But I came to realize that a connection and referral aren’t the same thing – and I was able to let go of feeling responsible for any outcomes. It then became so much easier (and fun!) to connect people.

Share what you know. When I come across articles, web sites, or events that I think my network might benefit from I give that information to those people. I appreciate it when someone takes the time to send me a personal email or tweet with a valuable piece of information and I want to do that for others.

I’ve learned that it’s OK if it’s my article, website, or event I share – as long as it’s genuine and not a hard sell – and that I’m always sharing more (lots more) than I’m promoting.

Share in a genuine way. When you are 100% yourself, and do the above two things in a way that represents you (I could use the word “authentic” here, but I think that’s such an overused word) you create a winning situation for you and your network. Actions like listening attentively, making eye contact, responding promptly to messages, and asking engaging questions all show that you care.

People remember you for that, and they’re more likely to think of you the next time a business or connection opportunity arises!

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Jul
24

#followfriday tweeps of the week

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I wanted to take some time and recognize some of the great tweeps that made my week!

@jasonalba – Jason is someone I’ve followed on LinkedIn for awhile. He’s been very successful with his career-management software/company JibberJobber.com. He’s also the author of I’m on LinkedIn – Now What??? (among other achievements). But what’s really cool about Jason? His entrepreneurial enthusiasm is contagious! I interviewed him earlier this week about being an entrepreneur – he shared some great insights and stories which I’ll be bringing to you soon.

@suepainter1 – Sue Painter is a fellow Book Yourself Solid coach and the smart, savvy owner of The Confident Marketer. And that’s exactly what she does – help solo professionals become more confident in how they promote their business. Sue is fiery and fun, and I love her Tennessee accent. :-) She and I are putting together a great tele-summit collaboration for the fall, so stay tuned!

@suzanneevans – Suzanne and I met through Twitter and I’ve been following her for a while now. She is the Helping Professional Expert, and coaches those in helping professions to make their mark on the world. Suzanne was kind enough to give of her time earlier this week, sharing with me a few ideas on something I wanted to accomplish – no strings attached, just a genuine helping spirit!

@karenswim and @trishlambert – Well, you can’t #ff Karen and Trish without the other. They’re like macaroni and cheese, chips and salsa, chocolate and peanut butter. They’re the dynamic duo Swimbert, and they’ve established a NO GURU zone, which I totally love, and I know their clients do too! Follow them for great social media and marketing advice, plus all around fun!

@unmarketing – OK, so Scott Stratten has almost as many followers as Oprah. You would think that someone who’s “kind of a big deal on Twitter” wouldn’t have time to respond to all the tweets he gets, but somehow he does it! Scott has a very approachable style and genuinely connects with the tweeps he interacts with. Hmm . . . the whole point of Un-Marketing?

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I saw @SarahRobinson post her #followfriday tweeps in this way, and loved it! A great way to really take time and recognize those people in Twitter that I enjoy following.

Without further adieu, my top 5 for this week:

@BarbaraStanny – If you’re not following this woman on a mission, do so pronto! Barbara Stanny is a best-selling author and leading authority on women and money – and has a heart of gold to boot! Her mission is simple – to revolutionize women’s relationships with money! I had the opportunity to interview her this week about women entrepreneurs and money. When the audio and transcripts are ready you’ll be in for a treat. http://www.barbarastanny.com

@KirkHoffman – Kirk is one of my fellow Book Yourself Solid coaches and he’s not only a great guy, his coaching practice is dedicated to changing men’s lives. I think that’s so cool! Kirk had a lot of great quotes I retweeted this week, and I’ll share one with you. “If ur looking at another program, consider whether you’ve taken sufficient action on the 1 u already bought.” Wise words! How many of us buy a program and don’t actually implement? Guilty. Check Kirk out at http://www.absolutearrow.com.

@kgreenstreet - Karyn is one of most passionate business women I know, hence the name of her company, Passion for Business. She’s a self-employment expert as well as an internet-marketing expert so her clients get the best of everything. She and I had the opportunity to talk today about the topic of self-employment and you’ll hear all about it soon.  http://www.passionforbusiness.com

@SocialMedia_TV – A great group of local (Columbus, Ohio) social media practitioners. They create short, professional video segments featuring experts on many topics. I recently talked about women and business communication – it was great fun! If you’re interested in being interviewed, make sure to submit your request. http://www.socialmediatelevision.com and check them out on YouTube – http://www.youtube.com/user/SocialMediaTV

@CathyGoodwin - I don’t know Cathy that well yet, but I tweeted about taking my dog out for a walk, and she responded right away by saying “Walking the dog . . . no better way to spend an afternoon!” I couldn’t agree more! I always find a connection with a dog person, we dog people need to stick together. Cathy’s in the online marketing world and a worthy follow! http://www.copy-cat-copywriting.com/twitterpage.html

And if you want to follow me, it’s http://twitter.com/AmyFranko

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