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Carnival of Small Business Issues - Edition 9

Published: 3 July 2007 by CA

I am "CA" Atreya (PMP, MBA), the author of this blog. I help businesses in Atlantic Canada achieve their BHAG successfully. You may subscribe to this blog using a feed reader (RSS).

Carnival of Small Business Issues

Isn’t the power of the brand amazing? Look at the euphoria as the first iPhones were unveiled to the public on Friday. I would say “a smart move” by Apple to release the product on a Friday - a very smart marketing move. But I guess us Canadians will have to wait for a while longer to get the full functionality of an iPhone.

One another major news to break out last week is about Ontario Teachers taking over BCE Inc. Both their land line business and wireless business needs fixing. But having gone private, they now have the flexibility to charter their course without worrying about their shareholders. Only time will tell whether Ontario Teachers plans to sell off Bell pieces or actually turn the company around.

As we watch these stories unfold in the media, here is quick review of some interesting posts at the ninth edition of Carnival of Small Business Issues. I received over ten submissions after the Sunday midnight deadline. As always, I will consider these submissions received after the deadline for next week’s carnival.

I trust you will enjoy this edition and support the carnival by linking to it. If you find that your post was not included, the article you submitted was not related to small business. I urge you to submit one quality relevant post. If you have to ask what’s relevant, check out Charles Green’s post. You will know what I am talking about.

— ooOoo —

Operations

Comment: Another great article Charles. Food for thought: Rewards are for exceptional service. Why have we come to a point where we expect a reward for the services we a paid to perform? As you posted in your comment, there’s the monetary aspect and then there is pride in ownership of work. Sadly, it is the latter that is lacking.

  • Scott Allen is the entrepreneurs guide at About.com. “If you had told me in high school that I was going up to be a writer when I grew up, I would have said you were nuts….” Scott presents an opportunity (not sure if we are late for it though) for you to ask one question of John Assaraf and Murray Smith by saying, “If you could ask these top business coaches one and only one question, what would it be?”

Comment: Scott, a question. There does not seem to be an about page for you. When clicked, we get info on Daniel Richards. Scott, if there is one question I would like to ask business coaches, I would take a leaf out out of Charles’ post above and ask, “How would you instill “pride in ownership of work” culture in your organization?”

Comment: Great post Marc. I am sure everyone of us have dealt with the impersonal nature of emails in the past. I always Wait a while before sending out emails and never write emails when I am in angry.

HR

  • “Other kids have memories of their dads showing them how to ride a bike … my dad explaining to me how compound interest worked and showing me his mortgage amortization table …” That’s Julie Rains‘ childhood memories. She presents three tips on qualifying a professional.

Marketing

  • “Someone else’s opinion is not you life’s blueprint”, says Tupelo Kenyon in his post How to Keep Your Word. He goes on to say, “Small business is people dealing with people. How you impress your customers has a lot to do with the way you use your word.”

Comment: Great post. Enjoyed reading it. Reminded me of Richard Feynman’s book, “What do you care what other people think?”

Comment: You hit the nail on the head with point 8, Oliver. A lot of entrepreneurs do not test, test and test. Marketing is all about testing your assumptions and validating what works and what doesn’t.

Comment: If your honesty does not get you more clients, Terry, I do not know what will. I can’t remember the last time I read an Internet Marketer talking without a sales pitch. More power to you.

  • Rodney Burge at Keyboard culture reminds us that “until the first sale, all you have are expenses” in his post Marketing is Everything. Rodney is a Small Business Growth Specialist who works with small business owners and private practice healthcare providers.

Comment: Isn’t it selling that gets you your clients Rodney? Sales is the only activity that directly generates revenue. All other functions, including marketing, are cost centers. Would you not agree? Perhaps you meant “Selling is Everything”?

Finance

Comment: Raj, a nice “about page” would be useful. Why should startup entrepreneurs listen to your advice? Any information that is material to marketing ought to be included.

[Update]: Raj blogs at Internet UltraGeeek. With over an year’s experience working online full time, he would definitely know a thing or two about making money online. He’ll teach you everything he knows about it too.

Comment: Sagar, why should the readers of this blog follow the steps you have outlined. They do not see any information about you. How do they know you are a credible information source?

Miscellaneous

  • The importance of being assertive is by Michelle Cramer at GreatFX Business Cards. “Assertiveness is the ability to say NO because you what you are capable of … being able to say no and know your limitations is what it takes to [take your business to the next level] …

Comment: It is hard to say no, especially when one is not used to it. But we become better with practice. We all have the same number of minutes in a day and have the right to choose how we invest it. Once I realized that, saying no became easier for me. I also realized that I cannot please everyone every time.

— ooOoo —

I trust this edition was useful to you in your business. You can submit the your articles for the next edition using this link.

I find a number of people do not link back. While it is not mandatory it is common courtesy to link back to someone who has taken the time to read and post a link to your article. So if you have derived value from this carnival, I would certainly appreciate a link back.

Thanks and until next week, have fun!

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14 Comments »

  • raj said:

    Good point about an About page for Bootstrapper, but I don’t own the site. I write for a friend/ client, and it’s their decision. That doesn’t make my advice any less worthwhile, does it? Though I do understand your point.

  • CA said:

    You may want to show this post to your client/friend. Who the hell are you?. What we all say, myself included, is not set in stone. My posts are backed by experience, but without a proper about page you do not know if I have any authority on the subject. I could have copied the content right off someone’s website. Having an about page just makes it easier for a blogger to market themselves.

    Cheers

  • Scott Allen said:

    Good catch, CA, on the bio page issue — thanks so much! It’s fixed now.

  • CA said:

    You are welcome Scott. Now I do not have to go to Amazon to check more info on you when you submit your next post ;)

  • raj said:

    CA, I’ve sent my friend/client an email on this About page issue, but it is his call. By the way, if you look under computer books, I’m on amazon.com for PHP + mySQL programming. Except of course, that’s about computer books and I’m currently writing about business :). And of course, like every good blogger should, I have a personal site using my name.

  • CA said:

    Cool. My objective is to ensure this blog provides value to visitors. So if visitors do not see the writers’ authority they are probably not going to want to subscribe to both my blog and the writer’s blog. Also introducing the authors upfront generates some interest and will probably lead to better click-throughs to your blog.

    As you can probably see, I have now updated your submission with a little about you.

    Cheers!

  • raj said:

    CA, I absolutely agree with your take on it. I’m inclined to do the same, normally.

  • Bootstrapper said:

    Carnival of Leadership Development with Seven characteristics of highly successful entrepreneurs. This carnival has 20 entires in total, all related to business, mostly focusing on management and leadership. In the Carnival of Small Business Issues Edition 9 is 21 ways to promote your startup business. This edition has 16 entries total covering about a half-dozen categories relevant to small business. Please go check out both carnivals. If you have your own business-related blog, maybe even link to them

  • Rodney Burge said:

    Of course, a sale is what puts money in the cash register. But the marketing function, when done correctly, puts the propect in front of you via proper lead generation (a prospect responding to a crafted and properly delivered marketing message) that gives you the “opportunity” to sell them something.

    In addition, with the proper marketing stratgegy tactics andd message(s), one should be able to attract prospective customers or clients who are “pre-selected” or “virtually begging” to be sold whatever it is you’re selling.

    In other words, proper marketing makes selling the selling function MUCH easier.

    Rodney Burge

    Guaranteed To Grow Marketing
    President

    http://www.guaranteedtogrowmarketing.com
    Blog:http://www.keyboard-culture-marketing-strategies.com

  • Rodney Burge said:

    Hey guys. Sorry about the typos.

    The last sentence of my comment should read…

    In other words, proper marketing makes the selling function MUCH easier.

    (along with good spelling!)

  • CA said:

    Agreed Rodney. I guess, I was confused with the title that said, “Marketing is everything”. I was just pointing out the fact that even marketing is just an expense until the sale.

    Cheers

  • Rodney Burge said:

    CA, you’re right on with your point about the importance of the sale.

    It’s also important for business owners to understand that the better or more effective your marketing is, the more the cost for marketing decreases.

    For example, a business owner can run an ad in a local newspaper, let’s say at a cost of $2000 per month. And let’s say that ad brings in $6000/month worth of new business, giving the owner a return on investment (ROI) of 3 to 1
    (or 3:1). It is possible(through testing and proper ad construction)to produce a more effective ad, with the resulting ROI dramatically increasing to 5:1 or 10:1 or even more (that’s an extra 10-20 thousand dollars per month).

    That’s called “GETTING MORE BANG FOR YOUR BUCK”.

    Business and professional practice owners don’t have to spend more money on more (or bigger) ads. They just need to get more BANG out of the marketing dollars they are already spending.

  • Charles H. Green said:

    CA,
    Thanks for featuring my posting in the carnival; but moreso, thanks for hosting it in such a productive, proactive way. I find it makes such a difference when the carnival host takes the time to find something interesting to say; adds a whole ‘nother level to the comments. Kind of like the difference between reading a movie critic and the movie theater ad listings.

    Charlie Green

  • CA said:

    Charlie,

    Thank you for your kind words. Such words of encouragement means a lot. The carnival will fall flat without quality articles from experts like you. I trust you will continue to support the carnival (and our readers) with your insights.

    CA

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