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You are here: Home / 2019 / Archives for March 2019

Archives for March 2019

Keeping your Social Media Content On Brand Isn’t Hard, Read These 11 Tips

March 16, 2019 by Asif Nazeer Leave a Comment

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Ways to Keep Brand Consistency on Social Media

Social media has become an integral part of any modern company’s marketing strategy. However, as each platform handles content a little differently, it can be difficult to come up with a consistent strategy for multiple platforms. To find out how to make sure your message carries through, we asked the experts of Young Entrepreneur Council to weigh in on the following question:

“What is the best way to make sure your social media content stays on-brand, no matter which site you’re currently posting on?”

Brand Consistency on Social Media

Here’s what YEC community members advise:

1. Define Your Message and Brand First

“It’s important to have a consistent message and brand when engaging on social media. The messaging and branding will need to be established prior to posting social media platforms. Social media is just another channel or tool to get your message and brand across.” ~ Jean Ginzburg, JeanGinzburg.com

2. Use the Same Version of Your Logo as All Your Profile Pictures

“We have logos for a reason — to make our brand recognizable anywhere, anytime. So even if someone scrolls right past your post, your business is still getting exposure every time you post. As for staying on brand message, post content that supports your mission and vision 100 percent of the time. Give thought to the things your brand believes in and then support it with content.” ~ Joey Kercher, Air Fresh Marketing

3. Assign a Dedicated Person or Team to Handle Social Media

“It’s easier said than done, but having the right team that can handle all of your social media is the best way to make it consistent. It’s much harder to fit the pieces together later through copy or edits. Even if it means you have to hire fewer people, find at least three: One to create content, one to produce the content and one to manage the content.” ~ Patrick Barnhill, Specialist ID

4. Schedule Posts in Advance

“Use a simple tool like Hootsuite to plan all of your social content in advance. When you are able to look at a 30-day picture, it can help you organize and plan, keeping everything on-brand. If you are just posting on the fly, it can result in a mix of content that drifts off into other lanes. Take the time to map everything out in advance for the most consistent content.” ~ Jonathan Long, Uber Brands

5. Get the Right Processes in Place

“There’s no one silver bullet. It is the combination of processes in place from how you hire to whether you have a social media strategy. If you don’t have your brand voice, tone and imagery examples documented, you can’t expect a new person to be able to meet unclear expectations. From creation to approval, if you have good processes in place it will make it easier for your people to succeed.” ~ Kevin Getch, Webfor

6. Assign Someone to Approve Content

“All content must go through a two- to three-step approval process prior to being published. Those approving content must have a strong understanding of the brand and its identity. This will ensure that your content is always on-brand, regardless of where the content is being published.” ~ Duran Inci, Optimum7

7. Establish Brand Guidelines

“Having a document that explains your brand and lays out clear guidelines for what to do and what not to do is crucial to ensure compliance. Brand books or brand guidelines can be extremely detailed, but you can also keep it simple and come up with a playbook on how your visual and content assets are to be used. This provides a great reference if you have any turnover in who is handling it for you.” ~ Joel Mathew, Fortress Consulting

8. Set Your Tone and Voice

“I have multiple businesses and the best way I ensure that all social media content stays on brand is by ensuring all content posted — whether it’s on Instagram, Facebook, Twitter or Pinterest — has the same tone and voice. I also ensure that all messaging is consistent across all platforms.” ~ Kristin Kimberly Marquet, Fem Founder

9. Keep Every Post Brand-Focused

“Know what your brand stands for and include that in every post. Think about that before you post anything, including sharing content from others like users. Always include some context that ties it back to your brand.” ~ Angela Ruth, Calendar

10. Don’t Rely on Automation

“Even beyond the brand, the end goal has to be in mind. Our team members start off with a brand abstract to help them understand who the audience is, what the goals are, as well as color scheme, tone, messaging and visuals. This keeps the brand consistent without having a robotic feel to it. We try to stay away from automation, as we don’t want to ruin the brand and what it stands for.” ~ Sweta Patel, Startup Growth Mode

11. Make a Checklist

“Uniformity cannot happen without guidelines, and a simple brand guide can easily be overlooked and forgotten after a first glance. By making a checklist regarding the look, voice and value of a social media post, consistency will be hard to avoid.” ~ Stanley Meytin, True Film Production

Image: Depositphotos.com

This article, “Keeping your Social Media Content On Brand Isn’t Hard, Read These 11 Tips” was first published on Small Business Trends



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He Broke His Neck Surfing. Now He Runs a CBD Company.

March 15, 2019 by Asif Nazeer Leave a Comment

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When Mike Hannegan broke his neck, doctors wanted to pump him full of opioids. He had other plans.


March
15, 2019

4 min read


Mike Hannegan has surfed all over the world and seen his share of wild waves. But tragedy struck in 2014 when he encountered a giant swell in Newport Beach, California. 

“I took off on a big wave and then my nose dove down,” he says. “I thought I was diving through the back of the wave, and I just hit my head right on the bottom of the sandbar. I broke my C4, C5, C6, and cracked my brain stem.”

Image credit: Mike Hannegan

Doctors wanted to operate immediately, but Hannegan refused. “This happened over Fourth of July weekend,” he says. “I figured if I were a doctor, I wouldn’t want to be working on 4th of July weekend. I just assumed that it was the C-team. Why would I want to do crazy spine surgery with someone who is not the best doctor?”

CBD to the rescue

Although his doctor prescribed opioids, Hannegan soon realized they weren’t for him. After a difficult time quitting opioids cold turkey, he looked for alternative pain relief. That’s when he discovered CBD.

Related: CBD Is Taking the Cannabis Industry Mainstream

Says Hannegan, “I researched and tried so many different types of CBD and realized there are lots of different variances on the market;  some products are very good, and some aren’t, so you really need to pay attention to what type of CBD you’re taking, how much you’re taking, and what their certificate of analysis is. There’s a lot of phony CBD products out there. I wanted to make a good, strong product that customers could count on.”

Getting into the business

Hannegan had come across a CBD product called Elixicure that helped with the pain. It was manufactured locally in the City of Santa Ana. So he went to the manufacturing facility to meet with them. They were impressed by Hannegan, who has a successful digital marketing background. “We immediately started to talk about forming a partnership and building more brands and working together,” he says. “We’re going to be launching tinctures, creams and skin care products.”

In March of 2019, Hannegan launched Everything Hemp USA,  an online CBD market and storefront in Garden Grove, California. The store sells a selection of carefully curated CBD products. 

Related: 5 Ways Hemp Is a Boon for Health

The process of launching a store hasn’t been easy. For one, many cities in the state won’t allow you to sell hemp-based CBD, even though it’s legal. “The local governments are still under the impression that CDB and THC are the same things,” Hannegan says. “You have to educate them.”

The power of influencers

Marketing has also required a learning curve. “You can’t use traditional pay-per-click or buy Facebook and Instagram ads because cannabis is still federally illegal. So you have to think outside the box,” Hannegan explains.

His solution? Work with a handful of key influencers to get their name out there. Hannegan is targeting different verticals for different products. For example, he’s worked with professional surfers and snowboarders. “We are piloting a program to become first CBD brand/company on the approved product list for professional sport,” he says. 

Related: 12 Cutting-Edge Marijuana Marketing Tactics That Work

Hannegan also has his sites on beauty influencers for his skincare line, and mom bloggers who used CBD for insomnia and stress. 

“Ultimately we want to be the GNC of CBD,” he says.  “We feel this will give customers and patients a marketplace where they can purchase quality and trusted brands that have already been, researched, vetted, and approved.”

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This Franchise’s Publicist Loved the Company So Much, She Became a Franchisee

March 14, 2019 by Asif Nazeer Leave a Comment

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After years representing franchises, Ellie Lamonaca fell hard and fast for Conserva Irrigation.


March
14, 2019

4 min read

This story appears in the
March 2019

issue of
Entrepreneur. Subscribe »

Ellie Lamonaca first entered the franchise world as a publicist, whose job was to help a franchise get media attention. But six years into her career, a new client captured her attention in a very different way. It was Conserva Irrigation, a sprinkler-system inspection and services company that helps homeowners and commercial properties cut down on water waste and bills. As a resident of South Florida, Lamonaca immediately understood the value of its business model — and saw opportunity. She texted her husband, Juan, and suggested they become Conserva franchisees, and in April 2017, the newlyweds opened their first territory, in Fort Lauderdale. They’ve since grown into two territories and are eyeing a third, and they’ve learned the value of investing in a strong team, taking the time to understand an industry, and putting in the hard work.

Related: The Top 5 Business Service Franchises From the Franchise 500

Ellie, you spent years doing PR for franchises. What about Conserva Irrigation made you want to change careers? 

Ellie: When we’d get a new client at [PR agency] Fish Consulting, we’d go to their headquarters for a huge, immersive onboarding meeting. I’d done this a thousand times with brands. Halfway through our Conserva orientation, I started texting my husband because I was intrigued by the concept and knew we could do this.

Juan: Ellie had never previously pitched me on a concept. But we talked for hours after her meeting with Conserva. I work in construction, and we own our own company, and I’ve always known irrigation to be the bottom of the totem pole; it’s where contractors cut corners to stay on budget. So once I understood the concept — not to mention the professionalism, the branding, the training — I was in. 

Image Credit: Jon Norris

Did you feel hyper-prepared to take this on, or was there still a learning curve? 

Related: Hurricane Maria Almost Destroyed This Entrepreneur’s $300,000 Franchise Investment. Here’s How She Moved Forward.

Ellie: I felt like I had a bit of a leg up — I had spent almost a year pitching the company to the media — but no matter what, when you become a franchisee, chances are you’re not an expert in the industry, so of course there was a learning curve. 

Juan: When we first opened, Ellie kept her day job, I kept my day job, and we were running our Conserva company at night and on the weekends. We quickly realized that in order to scale and meet the needs of our community, we had to hire a technician. Now we have three on our team.

Has hiring been a challenge? 

Ellie: It was one of our biggest lessons. In the service industry, your employees are not just a part of your business; they are your business. We could not have a team that wanted to clock in and collect their paychecks. We needed people who were invested in the success of this business. Once we found them, we had to involve them and incentivize them. We quickly implemented bonus opportunities to keep our team motivated. Other Conserva franchisees gave us great advice: Once you recruit one good person, treat them well and they’ll recruit their peers and people they’ve worked with in the past—and that’s happened! We take a lot of pride in that. 

Related: After Nearly Going Bankrupt, How Franchise Jersey Mike’s Fought Back and Won

You’re both millennials. How has being young business owners influenced the way you operate your franchise? 

Juan: We fall into the stereotype of the hardworking millennials. We work day and night; we’re not 9-to-5. If a customer calls us at midnight, we pick up. And we’re hiring a lot of peers who also relate to that work ethic. Plus, we’re out there with our employees — we don’t sit in our office. I let our guys handle the situations, but I’m out there with them in the field, and I think that earns us some respect. They’re not laborers — we all work as a team. 

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Veem Unveils Tariff Relief Program to Ease Small Business Trade Concerns

March 14, 2019 by Asif Nazeer Leave a Comment

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Veem Unveils Tariff Relief Program to Ease Small Business Trade Concerns

Veem recently unveiled a program designed to help companies affected by the U.S. China trade war.  The company operates a financing and payments platform for businesses. The Veem Tariff Relief program offers users up to $1,000 in rebates to cover the cost of tariffs. This helps businesses when purchasing supplies or goods from overseas.

How the Veem Tariff Relief Program Works

So how to do small businesses qualify? They simply need to sign up for Veem’s payment platform. And then begin sending and receiving payments through it. The platform works much like Venmo on the consumer side. But there are many different codes. And small businesses need to organize their payments.

So basically, you enter in the code most closely meeting with what you’re purchasing from China or elsewhere. And if you’re required to pay extra due to tariffs, you can submit your invoice to Veem. Them the company reimburses your business up to $1,000. It’s also an annual program. So theoretically, you could receive another tariff reimbursement of up to $1,000 each year. This depends on your needs and how the trade situation evolves over time.

Small Businesses Lack Control

Of course, small businesses don’t have much control over the ultimate outcome of these trade policies. And the situation could change quickly. So plans need to adjust or cover the cost of items in case it does continue to be an issue.

Veem CEO Marwan Forzley explains the company’s approach in an interview with Small Business Trends:

“Business owners in general need to be open to the idea of using the latest tools available to them to source and find supplies from different markets. This could go on for a long time, and what is happening with China could potentially happen with other countries down the road as well. Global trade policies come and go, so it may or may not be something that is solved tomorrow. But overall, I think it’s smart for businesses to plan as if this isn’t going away anytime soon and find solutions and new technology that may be able to help them.”

Veem Serves More than 100,000 Businesses

Currently, Veem has more than 100,000 businesses on their platform from 110 countries around the world. The idea for this Tariff Relief program came from conversations with those customers. And it involved the uncertainty they were facing due to trade issues between the U.S. and China.

Forzley says, “We were doing general research and asking our customers about how they find and source products. While we were asking those questions, we found out that a number of them were being affected by the tariffs from China and were very worried about what would happen. It was giving them a lot of uncertainty since they didn’t know when the trade war would come to an end. And if they had to pass along the cost of those tariffs to customers, they would no longer be competitive in the market.”

Veem Designed to Solve Pain Points

Veem was actually built specifically to help solve some of the pain points for small businesses working in a global economy. Forzley pointed to the difficulty and fees associated with traditional bank wire transfers, which can make sending payments internationally a major pain for small businesses that don’t have all the resources and extra cash of their larger competitors. So issues like tariffs that impact international business agreements are especially relevant to Veem’s customer base. That’s why Forzley and the rest of the team found it so important to offer some kind of relief for their users.

Of course, this is just one solution and may not completely solve the cost issues for businesses that purchase a lot of supplies or goods from China. However, it is one example of an option that’s available to small businesses. You may be able to find other tools or resources as well that help you cover some of the added cost or make your business more efficient so you can afford to dedicate more time and resources to improving your company in other ways.

Trade issues and other large scale policies can of course have a major impact on small businesses, even when you don’t have much say in the overall outcome. However, you do still have control over many of the other factors that go into running your business. So it’s always important to be adaptable and try to come up with acceptable solutions to whatever issue you’re facing, whether it’s using a tool like Veem or stringing together another set of solutions.

Image: Depositphotos.com

This article, “Veem Unveils Tariff Relief Program to Ease Small Business Trade Concerns” was first published on Small Business Trends



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In the Spotlight: Boutique Marketing Agency Creates Big Impression with Small Shop Feel

March 13, 2019 by Asif Nazeer Leave a Comment

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Spotlight: Are You Data Driven or Creative? Digital Creative Agency, Boutique Marketing Agency, Gives You Both

Some entrepreneurs are naturally creative. Others are mostly data driven. But you need both approaches in your marketing efforts if you want to be successful over a long period of time. Especially in today’s online business environment, you need to work hard to find ways to stand apart from the millions of other businesses out there.

Boutique Marketing Agency is a firm that specializes in mixing those two different approaches in a really unique way. The London-based company grew from a one-person operation into a full agency over time. Now, the team offers a full array of services aimed at helping all types of businesses. Read more about the company and its digital marketing philosophy in this week’s Small Business Spotlight.

What the Business Does

Offers a full service digital creative agency.

Founder Felix Garcia told Small Business Trends, “We deliver bespoke marketing plans across different platforms in PR, digital and media strategy.”

Business Niche

Mixing data and creativity.

Garcia says, “Our sophisticated approach to marketing is enhanced by creativity and data analysis. We have a fantastic reputation for creating unique and tailored strategies that transform brands, exceed expectations and deliver results across the metrics.”

Spotlight: Are You Data Driven or Creative? Digital Creative Agency, Boutique Marketing Agency, Gives You Both

How the Business Got Started

As a freelance business.

Garcia first got started simply freelancing in the industry. Over time, the company grew into a full service agency. But Garcia’s initial efforts were fairly small and focused. So it took some time for the company to grow from a one-man operation into a larger undertaking.

Biggest Win

Landing their first big client.

This initial opportunity came for the company back in 2016. It gave the team some extra credibility as well as a sizable financial boost.

Biggest Risk

Taking out a business loan.

At one point, the company needed extra resources to cope with a large workload. So they took out a loan to help manage those extra needs. Ultimately, this could have put additional financial strain on the company if the extra work didn’t lead to increased cash flow. However, the risk ended up paying off for the company.

Lesson Learned

You need to spend money to make money.

Garcia says that if he could start his business journey all over again, he would have invested more money into the company at the beginning, rather than trying to stay lean in the early years.

Spotlight: Are You Data Driven or Creative? Digital Creative Agency, Boutique Marketing Agency, Gives You Both

Team Tradition

Table tennis.

The team hosts an annual table tennis championship tournament every year at the office, since it offers a little team building and friendly competition.

* * * * *

Find out more about the Small Biz Spotlight program

Images: Boutique Marketing Agency, Felix Garcia

This article, “In the Spotlight: Boutique Marketing Agency Creates Big Impression with Small Shop Feel” was first published on Small Business Trends



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Facebook Pulls Sen. Elizabeth Warren’s Ads on Breaking Up Social Network

March 12, 2019 by Asif Nazeer Leave a Comment

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‘Curious why I think FB (Facebook) has too much power? Let’s start with their ability to shut down a debate over whether FB has too much power,’ the presidential candidate said in response to the political ad takedown.


March
12, 2019

2 min read


This story originally appeared on PCMag

Senator Elizabeth Warren’s call to break up Facebook because the company has too much power was met with an ironic response on Monday: The social network decided to pull several of her political ads.

The ads had been promoting Warren’s recently-announced plan to split up Facebook, Google and Amazon for their dominance over the internet sector. But the social network reportedly decided to take down the ads, not for their content, but because they used a corporate logo, a Facebook spokesperson told Politico.

However, the social network was quick to backtrack on its decision. “In the interest of allowing robust debate, we are restoring the ads,” the spokesperson added.

So far, the company hasn’t elaborated on the whole incident, which comes as Warren is running for president. But Facebook probably reverse coursed after realizing the ad removal was only proving Warren’s point about the company having too much control over the internet.

“Curious why I think FB has too much power? Let’s start with their ability to shut down a debate over whether FB has too much power,” Warren said on Twitter in response to the news. “Thanks for restoring my posts. But I want a social media marketplace that isn’t dominated by a single censor.”

According to the social network’s own archive, Warren began placing the ads calling for the break up of Facebook on Friday, when she announced her plan to split up the three internet giants. The particular ads in question feature a video that briefly uses the “f” symbol inside a dialogue box to symbolize Facebook.

The “f” may seem innocous, but the company’s advertising policies on “brand usage” specifically ban employing the letter as a symbol meant to reference Facebook. “Back in the bad old days, advertisers would often invoke Facebook as a feigned endorsement,” explained Antonio Garcia Martinez, a former Facebook ad targeting manager, on why the policy was put in place.

It isn’t clear if any other political ads were affected by the brief takedown. Facebook didn’t immediately respond to a request for comment.

Editor’s Note: This story has been updated with more information about Facebook’s ad policy.



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How to Start a Nail Salon Business

March 12, 2019 by Asif Nazeer Leave a Comment

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How to Start a Nail Salon Business

U.S. nail salons bring in more than $5 billion in revenue annually. These specialty beauty salons have been around for years. But the industry is still growing, meaning there are plenty of opportunities for new entrepreneurs to break in and offer unique services and experiences. If you’re interested in getting started with your very own nail salon, here’s a breakdown of the steps involved.

How to Start a Nail Salon

Create a Plan for Your Business

Meg King, salon and spa consultant for Empowering You Consulting said in an email to Small Business Trends, “The first step is to spend time creating a clear vision of your business. Yes, it should include how many stations, your menu of services, a detailed list of what you need along with what it will cost you to open. But another important step in creating a clear vision… one that is often overlooked, includes answers to these questions. What do you really want? How would do you define the culture you want to have in your business? What type of team members do you want to hire? Who’s your ideal client? The clearer we are on all the details the better we can manage our business plan for success.”

If you’re not sure where to start with your nail salon business plan, you might check out the Professional Beauty Association’s business blueprints, which are customizable plan templates available to association members.

Make Industry Connections

Ideally, some form of state-approved education and experience in a successful salon before jumping into your own business. You might also consider connecting with an industry consultant or finding a mentor who can help you understand what the day-to-day operations of a functioning nail salon look like. Groups or trade organizations like PBA can also help you gain valuable insights about the industry as a whole.

Obtain Permits and Licenses

The legal requirements for nail salons vary by location. But you’re likely to need a building permit, business license and state-approved training in order to officially open your business. If you’re not sure what is required in your area, connect with a local business attorney or check with your local government.

Analyze Your Finances

PBA Brand Manager Erin Walter said in an email interview with Small Business Trends, “There are numerous financial considerations to take in to account when looking at opening a business and it can be helpful to meet with a financial planner to navigate through some potential obstacles.”

Specifically, you’ll need to determine what you can afford in startup costs, what your business expenses will be and how much you think you can earn on an ongoing basis. Some of PBA’s business blueprints also offer insights into financial considerations like budgeting, compensation and credit card policies.

Find a Suitable Location

Before you can put many of the other aspects of your business into place, you’ll need to find a location for your shop. Ideally, it should be someplace centrally located and easily accessible for your target customers. However, this will also depend on your budget and space requirements.

Create a Service and Price List

Nail salon prices and services can vary widely. You might stick with just the basic manicure and pedicure, but you could also offer artificial nails, gel manicures, arm massages or various other spa services to your menu. Carefully consider what you and your staff will be able to provide and do some research on pricing to help you create a full menu of services.

Source Supplies

For a nail salon, you’ll likely need chairs, tables, nail polish, sanitation equipment, and various spa supplies. You may also want to carry a small inventory of nail products that customers can purchase. Shop around with various brands for your nail salon equipment and inventory so you can get the best possible value, while also considering the items that are likely to be most popular with your target customers.

Set Up Administration Processes

The day-to-day operations of your business will be significantly easier if you put processes into place early. Determine how you’ll schedule appointments, collect payments, manage payroll and nurture relationships with customers. Put software and other tools in place to make these things easier so when you get up and running, you can easily show your team how everything should be run.

Hire Nail Techs

Most nail salons have multiple nail technicians or other specialists on staff so they can offer services to multiple customers at once. You’ll want to find people who are trained and skilled in their area of expertise. But don’t forget to take personality into account as well. The conversations that take place during manicure and pedicure services are often a huge part of the customer experience. So you’ll need to look for people who are able to provide exceptional service to your target customers.

Promote Your Services Locally

When all those items are in place, you need to start actually promoting your business around your local community so potential customers can find you. Place local ads online or in print. You might also consider getting on social media and using some special events or promotions to build buzz early on.

Image: Depositphotos.com

This article, “How to Start a Nail Salon Business” was first published on Small Business Trends



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Think Entrepreneurial Success Will Never Find You? Check out My Story

March 11, 2019 by Asif Nazeer Leave a Comment

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If you’ve been struggling with building your business, or if you’ve had a recent failure, you might feel as if entrepreneurial success is well beyond your reach. But before you give up, read this post and allow yourself to feel newly inspired.

Despite what you might have read in various small business-related media outlets, attempting to start a business is usually anonymous. Moreover, it is somewhat lonely and full of setbacks. So if you are feeling any of those feelings, don’t despair. I’ve been there.

Some
Examples from My Past

In my diverse entrepreneurial past, I’ve owned:

An Italian Ice Shop

This venture failed within six months. It was located in a town where the majority of kids go away to camp for the entire summer. Apparently, that’s not good for business.

Pizza Truck

This business broke even. However, this was only due to an extremely lucky break that made my truck the only food option inside a zoo. Truth be told, I probably made more selling water than I did selling pizza.

The money I made that summer paid for the truck. On the other hand, the truck broke down multiple times over the next two years before someone mercifully bought it from me.

RELATED ARTICLE: 4 TIPS FOR FIXING UP YOUR WORK TRUCK WHEN YOU’RE THE OWNER

Online Jewelry Business

Don’t be impressed. It was leather and pearls, not jewels. I unloaded it within three months. That’s because my friend who was supposed to run the day-to-day, as it turned out, is not cut out to run a business of any kind.

Par-3 Golf Course

I partnered with my dad and uncle on this one. We didn’t own the land, just rented it. This business did make money. However, my partners forced me to sell when I moved to New York City. Thanks a lot, Dad!

Bear in mind that the above were just the ideas that I took to reality and actually had paying customers for.

But Wait. There’s More.

Additionally, I had a slew of ideas that I
invested time in but never got to the point of generating revenue. These
included:

Coin Princess

Coin counting by mail. I hated paying the 12% fee to CoinStar once my bank stopped counting coins. Therefore, I thought this would be good alternative. Turns out, people don’t want to mail uncounted currency in the mail and trust that it get counted correctly!

entrepreneurial success

I spent several months working on Coin Princess. During that time, I worked on problems like shipping, insurance, licensing, and customer payments. Ultimately, this business was too “out there” for most people I told about it. In their defense, I think I downplayed the problem of the how-do-I-know-you-aren’t-skimming-a-few-bucks concern too much. Sleep well, sweet princess!

RideShare Montclair

I live about 12 miles from Time Square in New York. Also, my wife happens to work as a consultant right in Times Square.

entrepreneurial success 2

She used to commute on the bus. However, after a few years of rude drivers, unreliable schedules, and frustrating traffic, she decided to start driving instead.

Also, as soon as she began driving, she starting giving neighbors a ride. They offered her money for gas and tolls, which was of course, awkward. However, that gave me an idea!

The idea behind RideShare would be for neighbors to catch rides to work with other neighbors. The site would handle the money, and people could ride in style instead of being herded like cattle.

However, this idea never got off the ground because I decided it was more important to spend my time focusing on SEO for Distressed Loan Advisors. Therefore, this idea is not dead, but it’s definitely on the waaaaay back burner.

Text Me Maybe

The idea was “online dating in reverse.” It was for people like me who were too shy to strike up a conversation with someone they saw out in the real world. Instead of browsing profiles online, then meeting in real life, the concept here was that if you saw someone in real life that you thought was cute, you handed them a “dating card.” Then, the dating card would direct the recipient to an online profile.

However, I saw basically the same idea on Shark Tank. What’s more, the owner had spent a ton of money to make it work, but it wasn’t working.

So What’s My Point?

Before I started Distressed Loan Advisors, I had a solid 10 years where I was trying my best to get something to stick. However, I had nothing close to resembling entrepreneurial success. I even thought about just giving up and being a “company man” for the rest of my career.

Therefore, if you’ve tried before and failed, don’t fret. You are most definitely not alone.

Had I given up, who knows where I’d be right now? Despite all the failures I’ve experienced over the years, I’m convinced Distressed Loan Advisors is the venture for me. I love it so much more than the corporate world. Not only that, but I get to help people while earning a living.

You Never Know What’s Going to Bring You to Entrepreneurial Success

Here’s a fact that many aspiring entrepreneurs don’t realize: Nobody really knows which ideas are going to work and which ones are going to crash in spectacular fashion. However, I have no regrets. In fact, I’ve learned a ton, such as:

  • Learning to deal with failure and rejection is a skill that every entrepreneur needs in their arsenal. That’s because failure is going to happen at some point, no matter how much entrepreneurial success you achieve.
  • No matter how much we think we control our destiny, luck plays a role. We bought the golf course because we randomly struck up a conversation with the owner. It wasn’t even advertised.
  • Choosing a business that you already know a ton about can be a huge advantage. My consulting business is based on my extensive experience and knowledge of the SBA OIC process.
  • Creating a new type of business can be tough because customers need to be educated about your product. Coin Princess and Text Me Maybe were concepts that most people had never heard of. Even my friends were puzzled about how they were going to work. That’s the definition of an uphill climb toward entrepreneurial success.
  • Loving the process of building a business, or loving the type of business you’ve chosen, will take you through the times of doubt or setbacks and bring you closer to entrepreneurial success.

You Might as Well Enjoy the Ride

If you’ve read this article hoping to find some little nugget of wisdom, I hope something I’ve said has resonated with you. And if not, I’ll leave you with a line from Aerosmith: Life’s a journey, not a destination. Said another way, enjoy the ride! If you keep trying new things, you’ll learn a ton along the way. And with a little luck, entrepreneurial success may find you. As a matter of fact, you might just find that one thing that works for you!

About the Author

entrepreneurial success 3
Jason Milleisen

Jason Milleisen is the founder and owner of Distressed Loan Advisors (jasontees.com JasonTees.com). Since 2009, DLA has helped hundreds of small business owners through the SBA Offer in Compromise process, resulting in over $50 Million saved. Jason is a former workout officer for the largest SBA lender in the US, where he oversaw a $400 Million portfolio of delinquent SBA loans.

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10 Tips for Entrepreneurs Preparing to Publish Their First Book

March 11, 2019 by Asif Nazeer Leave a Comment

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Preparing to Publish Your First Book

With the continuing development of online publishing platforms, it’s never been easier to get your book out to the wider world. However, the actual publication is only one part of a much-longer process: You still need to write, edit and promote your book, each part of which can present a significant number of challenges. To find out more, we asked a panel of Young Entrepreneur Council members the following question:

“What is the most important thing for entrepreneurs to remember when they are preparing to publish their first book?”

Preparing to Publish Your First Book

Here’s what YEC community members had to say:

1. Make Sure You Have Something Original to Say

“I think too many entrepreneurs today are writing books simply as a branding exercise. There’s nothing wrong with this, as long as you have a real message. Consider what your area of expertise is and what you’ve learned from experience. Don’t just rehash what’s already out there. If you don’t have the experience yet, think of partnering with someone else or creating a book of interviews.” ~ Kalin Kassabov,ProTexting

2. Research Every Book in the Industry

“When I first started writing my book, I looked into every single book in my industry and wrote notes on what I liked, what I didn’t like and what I saw myself improving. It was a tedious process and many times I found myself in a room reading all the time. But the research came in handy because it gave me clarity on my subject and the value I wanted to deliver through my book.” ~ Sweta Patel, Startup Growth Mode

3. Make Sure You Have a Great Title and Cover

“It’s a sad truth, but the title and cover of your book are going to be responsible for most of its sales and success. Have a great cover and title and a horrible book, you will likely make a bunch of sales. Have a bad cover and a bad title, but a great story, and your book will likely suffer in sales. Split test several titles and cover ideas before going live with your final decision.” ~ Zac Johnson, Blogger

4. Know Your Audience

“Don’t write the book for you, write the book for your audience. First, identify who your audience will be. Next, use content and verbiage your audience will understand. For instance, if your audience is a layperson, you want to avoid industry jargon and craft words in a way they will understand. Lastly, have an outsider review the book and provide candid feedback from their perspective.” ~ Matthew Podolsky,Florida Law Advisers, P.A.

5. Hire an Editor

“Even if you’re a great writer and pretty good and spelling and grammar, you should still consider hiring an editor. A professional editor will help you polish your book so that it’s in the best possible shape for readers. Plus, self-editing is hard. An editor will be able to find holes and areas where you can get your message across more effectively that you might never have noticed without them.” ~ John Turner, SeedProd LLC

6. Align the Book With Your Personal and Company Brands

“Make sure everything about the book reflects the brand you are building to get more traction, whether it is your personal or business brand or both. Consider how the cover art, title and overall content aligns with your brand.” ~ Angela Ruth, Calendar

7. Temper Your Expectations

“Remember that if your book does not take off and become a bestseller, it’s nothing personal. Writing and marketing a book are difficult, so do not take lackluster interest or sales as a business or personal failure. Instead, re-read your book, get feedback from people you respect and think about what you could have done differently. Look at it as a another learning experience.” ~ Blair Thomas, eMerchantBroker

8. Build Initial Traction

“Entrepreneurs should never neglect the pre-sales work that goes into launching the first book. Setting up a site, engaging your audience months ahead, building a pre-sales email list are some of the important elements. Working with industry leaders to gather reviews and including these reviews in the preface is equally important for credibility. Initial traction is paramount.” ~ Mario Peshev, DevriX

9. Be Prepared for the Work Ahead

“Publishing your first book means creating the biggest deliverable of your career. It’s important to know that creating, editing, publishing and marketing a book is a long and arduous process. No matter how much you rely on others to do ghostwriting and promotion, if the book is published under your name, the creation and sale of the product will require serious time and a commitment to success.” ~ Joey Kercher, Air Fresh Marketing

10. Remember: Publishing a Book is Only the Beginning

“From what I have learned, writing and publishing a book is only the beginning of the journey. Then you need to embark on selling it. This takes a whole new marketing plan which, depending on the book, may include such events are touring, signings and media spots. Be prepared to do that work. After putting in so much effort to write a book, it deserves that attention.” ~ Colbey Pfund, LFNT Distribution

Image: Depositphotos.com

This article, “10 Tips for Entrepreneurs Preparing to Publish Their First Book” was first published on Small Business Trends



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How to Protect Your Brand with a Trademark

March 10, 2019 by Asif Nazeer Leave a Comment

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Trademarking Your Brand

You’ve heard the horror stories: Small businesses being sued for trademark infringement and having to rebrand their businesses. That means redoing marketing materials, changing domain names and a myriad of other nightmarish tasks — all because the business owner failed to file for trademark protection. Don’t let this happen to you! 

Think of your trademark like planting a tree in your garden. The trademark represents your brand and you need to protect it and maintain it, so it grows and blooms. Here’s what to do. 

Understanding trademarks: What can they do?

First, it’s important to understand the distinction between the three types of protection available from the federal government. 

  • A copyright protects original works of authorship both published and unpublished, such as artistic works like poetry, novels, movies, songs, computer software and architecture. Copyrights do not protect facts, ideas, systems or methods of operation.
  • Patents protect inventions or discoveries such as processes, machines, and designs for products.
  • A trademark is a word, phrase, name or symbol that identifies a company, a product or a service and distinguishes it from competitors. 

You can trademark your company name, product names, logos and taglines. You can’t trademark an invention or a piece of software.

Trademarking Your Brand: Steps to success

To see if your business name is available to trademark, start by searching online for similar names and brands to make sure your company name isn’t already taken. Does it seem as if every name you want pops up in Google? Don’t fret: The only search results you really need to care about are those on the United States Patent & Trademark Office (USPTO) website. If your name, logo, tagline, etc. doesn’t show up there, you can begin the trademark application process. 

Most likely your brand involves more than just your company name, so you need to be clear on what exactly you want trademarked. The USPTO will want to know if your trademark consists of words only (called a “standard character drawing”) or if it includes stylization, designs, graphics, logos or color (called a “special form drawing”). 

During the application process you’ll be asked to upload files depicting your trademark. If you’re trademarking a special character drawing, the more detailed and original you can make this drawing, the better chance you have of securing the trademark. If your business has already begun, you’ll also need to show evidence of the trademark appearing in your marketing materials, correspondence and website.

You’ll also need to determine your business’s classification. You’ll be directed to search on a few words describing your what your business does, how it does it and where it does it. The system then tries to match your description with several options for classification. Here’s where you can really distinguish your trademark from similar trademarks already in the system — again, the more specific you can be, the better. If you’re not sure of your classification, ask an expert on trademarks or contact the USPTO for assistance so you get it right.

Protecting your Trademark: Use It or Lose It

Once your trademark has been approved, your responsibilities have just begun. Your trademark needs your care and attention if you want to maximize its full power for your brand. Use your trademark extensively so as to keep it in the public eye. Why is this important? The U.S. trademark system is based on use. If another company files for the same trademark and can prove you have not used your trademark consistently and in a high-quality manner, you could lose your rights to it. 

Between the fifth and sixth year after your trademark has been registered, you will be required to file a “Declaration of Use” to show you’re keeping your trademark in the public eye. Then, between the ninth and tenth year, you need to file a combined “Declaration of Use (or Excusable Nonuse)” and “Application for Renewal” in order to continue ownership of the trademark. You must refile for ownership every 10 years after that to maintain in good standing.

What happens if you miss the deadline for renewal? You do have a grace period of six months after the deadline to refile, but if you miss that deadline, you’ll need to start the trademark registration process all over again.  

If you follow the rules for care and feeding of your trademark, you’ll have nothing to worry about. Maintain your trademark registration, keep your trademark in the public eye, and you can sleep soundly with no nightmares about trademark infringement to keep you awake. 

Image: Depositphotos.com

This article, “How to Protect Your Brand with a Trademark” was first published on Small Business Trends



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