I’ve been hearing from many business owners lately that they’re feeling stuck, like they’re spinning their wheels and staying in one place instead of moving forward.
Several things are currently really standing out for me in terms of what may be contributing to the sense of frustration and overwhelm that seems to be prevalent at the moment for some, and especially newer, business owners.
Here are the top 4 ways that I see business owners staying stuck. See if you recognize yourself in any (or all) of these and if so, take the action step I give you to start to get unstuck and moving forward again.
1. Staying in the BS funnel
This was something my very first coach coined and is a place where lots of business owners stay to stay safe – for any number of reasons.
Basically what it means is that instead of spending time and energy in the marketing funnel (or HourGlass in my business model), they are spending time in the BS funnel – re–doing their website, working on their email signature, re-writing a sales page for the 100th time before posting it live, re-designing their business cards, making lists and getting organized, frittering on social media, etc.
Now there is a time and place for all of those things, but not if you’re concerned about cash flow. When you’re concerned about cash flow, you need to focus on making offers and getting clients/customers. Everything else can wait. Once you have your bread and butter cash flow (whatever your minimum is) then you can go rest in the BS funnel for a bit. 😉
ACTION STEP: Be honest and Identify whether or not you’re spinning because you’re in the BS funnel. If you are, commit to getting out of it and staying out of it by being consciously aware of when you are going forward. Make a ‘money list’ (it should be short) of only the tasks that will bring you money and focus on those instead.
2. Knowing they need to build their list but not doing anything consistently to build it
I know list-building is not that sexy or exciting, but it’s an absolute MUST, even more so today than even just a couple of years ago.
So if you’re saying, “I know I need to build my list but…” then you’re NOT building your list. You will not get responses to your offers – free or fee – if you don’t have a substantial audience to make that offer to.
Too many business owners base the success or failure of an offer based off not enough info – meaning not enough people to actually put your offer in front of to have substantial evidence on way or another if what you’re doing is ‘working’ or not.
Just as you want to have a solid number of responses to a survey before you use that information to make decisions, you have to have a decent-sized list before you can make a fact-based decision about whether or not your offers are resonating.
ACTION STEP: Pick two new list-building strategies to add to your consistent marketing calendar and implement them today. Add two new ones every month until you find your list-building has traction and its own momentum.
3. Getting distracted by too many new ideas instead of focusing on one project at a time
I have to admit that sometimes I get exhausted just listening to how many ‘new’ ideas, tools and tactics some business owners are implementing all at once.
You know what happens when your energy is scattered like that? Lots of nothing. Seriously.
ACTION STEP: Pick one project from your ‘money list’ and focus on that through completion. When you get distracted, and you will, ask yourself: “Is this related to my project?” You know what to do if the answer is no.
4. Not truly understanding that it takes time on and IN the business to start creating consistent income
I don’t mean the difference between working on and in your business ala Michael Gerber. What I mean is that it takes time both in terms of dedicated time towards building your business on a daily basis AS WELL AS time to allow the seeds you’re planting now to grow over the months and years to come.
It takes a lot of baby steps to get to where you want to go. We all have moments when it feels too hard, but the successful folks are the ones who continue to put one foot in front of the other no matter what.
“It’s not working” is only true if you quit.
I’d love to know which one of these resonates the most with you – share with me below…
Oh no! ANOTHER social media platform?
Oh yes – and it’s one you might want to take a look at, to see if it makes sense for your particular business. But a caution here – even it it does – don’t feel you have to add it to your social media marketing. If you’re already overwhelmed and just keeping up with your current social media efforts, then leave Pinterest be, at least for now.
But if it appeals to you and makes good business sense to add it to your business platform, here are five specific ways you can use it in your marketing efforts:
1. Less Clicks = More Conversions
The less clicks your visitor has to make to get to the information or product they want, the higher your conversion rates. With Pinterest, there are just two clicks from first seeing something of interest to visiting its site of origin. That translates into more leads and more sales.
For example, let’s say you have a book for sale and you pin the image of the cover from the book’s sales page to your board. When one of your followers sees your pin and clicks on it, it will allow them to share it with others immediately. And if they click it again, it will take them to the site where the image was pinned from, in this case, the sales page for your book.
2. Drive tons more traffic to your site
Because Pinterest has such a large following (10 million unique views at this writing) it’s a great tool for driving more traffic to your site via the links that are attached to the pins you make to your board.
In fact, there are tracking stats that are showing Pinterest is driving more traffic back to websites than Facebook or Google+.
3. Easy for people to share your content
Pinterest makes it super-simple for your followers to share your pins and therefore links back to your site. Because every pin includes a link leading back to the source of the image, this can translate into a lot more inbound links to your website. So the more followers you have, the more those followers share your pins, the more traffic to your site.
4. Gain from user addiction
Some markets have already fallen in love with Pinterest, with more to come as more people become aware of and start utilizing this new social media platform. If your market is a fan of Pinterest, then you need to get onboard and get in front of all that traffic. Just start with one board, pay attention to what your followers are re-pinning (sharing with others) the most, and pin more of that content.
5. Connect it with your other social media sites
Since I’m all about leveraging your time and talent, if you’re going to use Pinterest, then you need to connect it with your other social media platforms to do so. You can connect Pinterest with your Facebook profile (hopefully they will add the ability to connect to your fan page soon). You can also connect your Pinterest account with Twitter so your pins are automatically tweeted. And you can add a "pin it’ button to your website, much like other share buttons, so your visitors can pin for you.
I’d love to know your thoughts on Pinterest – share with me below…
You may be too busy during the holiday season to notice if your business is slowing down a bit, but in case you’re not, there are several things you can do to use this time to your advantage as you head into the new year.
1. Review your website
Take some time to review your website and make any necessary updates by removing old information and freshening up the rest of your copy. If you have a photo of yourself on your site, consider putting up a new one if your current one is out of date. And here’s a tip for getting more people to sign up for your Free Taste: put a squeeze page in front of your existing site that asks for just name and email address before they enter the rest of your site.
2. Update your Free Taste
Review your free offering and decide if it could use some updating as well. I’m updating mine again now so it will reflect my more finely tuned message and market. If it’s been more than a year since you’re breathed new life into your free taste, my coach’s request is that you do so now.
3. Have a Holiday Sale
If you want to create some cash, consider holding a sale on one, some or all of your products. Everyone’s looking for a break at the holidays, and there most likely are people on your list who have thought about buying one or more of your products or investing in your services, and a discount might just push them to finally doing so.
4. Clean out the clutter
One of the “powers of the Universe” principles I believe in is making space for things to come into my life. So every few months, I get a huge urge to purge (I’m in it now, actually). I go through my desk, filing cabinets, and bookshelves and either toss, give away or organize it. I also make new file folders for the clients yet to come… and it’s always fun to watch them fill up over the next few months.
5. Plan your first offering for the new year and start promoting it now
Decide what your first offering for the new year is going to be and start promoting it in your ezine, social media, or discussion lists (when appropriate), and through your other marketing channels. Having something already set up to look forward to will help keep you motivated after the hub-bub of the holidays.
And one more thing – don’t forget to enjoy yourself. As entrepreneurs, sometimes we find it hard to take a break, but do yourself, your loved ones, and your business a favor by taking some time away from your work and truly focusing on the people you love and the blessings in your life.
How are you making space and opening the flow for the new year? Please share your thoughts on my blog below…
I’ve been spending a lot of time lately getting ready for 2012 – planning, organizing, strategizing, visioning, and more. There are many transitions and transformations on the horizon for me and my business, and much to do to prepare for them, so I’m making space and opening the flow.
In Part 1 of this article, I shared 3 ways you can make space in your business. Now here are 3 ways I’m opening the flow in my business that you can do too:
1. Escape Email Overwhelm
The number one distraction to moving your business forward by leaps instead of baby steps is email. So here’s my system for handling email overload. If you can practice this 80% of the time, you’ll be way ahead of the game.
a. Delete: scan and delete junk emails first
b. Move: move any emails into an appropriate folder – and create a rule to make that happen automatically
c. Delegate: delegate any emails that should be responded to by someone else
d. Respond: respond to any emails that only YOU can respond to
The goal is to only have emails in your inbox that require action from you!
2. Track your money
One of the easiest ways to open the flow of money in your business is to start tracking exactly how much comes in on a daily basis. I give each of my private clients a money tracking sheet that makes it super-simple for them to implement this tip, but you can create your own very easily.
Just create a simple form that lists the days of the month, with your monthly money goal listed as well. Each day fill in the amount of money that came into your business, and don’t forget to include affiliate payments and any other sources of revenue as well.
Just by paying attention to what’s coming in will open the flow to more, and before you know it, all the days of the month will be filled in with a number!
3. Don’t overbook
When putting together your master plan for 2012, make sure you don’t overbook yourself. If you do, you won’t leave space for other opportunities to show up that you likely aren’t aware of yet.
When I completed my own master plan for 2012, it was complete, but not overbooked. There was time off, as well as space for other exciting possibilities to come up.
How are you making space and opening the flow for the new year? Please share your thoughts below…
I’ve been spending a lot of time lately getting ready for 2012 – planning, organizing, strategizing, visioning, and more. There are many transitions and transformations on the horizon for me and my business, and much to do to prepare for them, so I’m making space and opening the flow.
Here are some of the ways I’m doing this in my business that you can do too:
1. Clean Up Your Business Time
Time is your only non-renewable resource. If you’ve ever experienced days when you don’t know where the time has gone, but you do know you haven’t accomplished much, then you need to take a serious look at just what is eating up those precious minutes. My coach’s request of you is to track your time for the next two weeks. Like a food diary makes you intensely aware of what you’re eating, a time log will allow you to quickly and easily identify where you’re frittering time away.
Most likely culprits?… Email and TV (yes, I know some of you are ‘watching’ TV while you’re online, and no, that’s not multi-tasking, that’s just pure distraction).
Once you are aware of where your time is going, make a conscious effort to redirect it to more productive – or even more restful – activities. Turn the TV off (or TIVO/DVR whatever it is you must watch and give it your full attention later). And don’t leave your email open all day long! Allot specific time to read and respond to it instead.
You’ll be amazed at how just doing this simple exercise will free up the time you want for more important (and fun!) things. (Be sure to read Part 2 of this article next week where I’ll share more specific and effective tips for handling email overload.)
2. Clean Up Your Business Space
Now is a great time to go through your files – computer and physical – and delete or organize them for moving forward to 2012. I spent several hours going through my physical files recently, shredding lots of documents (I love to purge!), and setting up new files for my new Platinum clients as well as empty files for the ones yet to come. During this process both online and off, I also found a lot of gems I’d forgotten about – pieces of content, systems and processes, tools, resources, audios, and more.
And now that I have a recent visual in my mind of what’s in my files, it’s literally at my fingertips as I move forward in building my business. As for my computer, I actually went so far as to purchase a brand new laptop, and I’m being very discerning about what gets transferred over from my old PC to the new. Energetically and electronically, I can feel how much more open the flow is by doing this.
3. Clean up Your Business Circle
This one can be a bit difficult, but it’s necessary to prune the people you surround yourself with from time to time. It doesn’t mean you have to completely disconnect from them (unless they’re just weighing you down energetically), but do make a conscious choice to spend more time in the company of those who lift you up.
Let me give you a simple example. If you’re on someone’s ezine list just because everyone else is or you feel like you should be, but you either a) don’t read it or b) don’t feel good when you do read it, just unsubscribe and allow the space for something that resonates with you to take its place.
Or maybe you’re part of a mastermind group that you feel you’ve outgrown. Now is the time to graciously bow out. Once you do, you open the space for a new group to form around you that better supports where you are now.
How are you making space and opening the flow for the new year? Please share below…
It seems that, at least in the US, the holiday season starts earlier and earlier, with Christmas cards taking over most of the card section of any store right after Halloween (if not before!).
And while it bugs me to hear holiday music over the store speakers while I’m shopping for my kids’ Halloween costume (because by the time Santa does visit, I’m quite tired of dreaming of a “White Christmas”), as far as planning on how to market for and during the holiday season for my business, it’s almost never too early.
One of my beliefs is “Giver’s Get,” in the sense that you are giving from a place of having no expectation of getting anything in return.
What follows are 5 ways that you can give in your business, feel really good about it, and reap the rewards from the Universe.
1. Thank your clients and customers.
An obvious one to do in this season of giving is to show your gratitude to your current clients and customers for their business. But you might be surprised at how few business owners actually take the time to do this.
It could be something as simple as expressing your thanks in a short email. Or you could send a thank you card in the mail. Or you could take it a step further and do something I’ve done in the past – send a postcard expressing your gratitude with a link to a special – and fr*e – gift to your VIP clients and customers.
Taking the time to say thank you goes a long way towards deepening that all-important relationship with your current clients and customers. If you do nothing else this holiday season, at least do this.
2. Give your ezine list a gift.
Your ‘pot of gold’ in your business in your email list of potential clients and customers. You should always be treating them well, but at least once a year, offer them a gift – no strings attached – just because…
For a few years, I offered a 12 Days of Christmas series to my ezine subscribers, where they received something of value that would benefit them in building their business once a day for the 12 days leading up to Christmas. This was a huge hit every year, and it was fun for me to come up with something new each day.
You don’t have to offer 12 gifts, however. Just one will do very nicely as well.
3. Give a holiday coupon.
As a gift to your list as well as to give you a boost in your income, why not offer a coupon towards one or more of your offerings. You could offer a 2-for-1 coaching session, or a 20% off discount for one of your ebooks or ecourses, or you could offer a special price for the month of December only on one of your programs.
4. Give your affiliates a gift.
Your affiliates are also one of your greatest assets in your business. Show your gratitude to the folks who have chosen to join your ‘sales force’ by increasing their commissions for the holiday season.
Ideally, your commission rate should be at least 25%. Why not reward them further for promoting your offerings by doubling their commissions to 50%?
5. Give yourself a gift.
And don’t forget yourself! If you haven’t already, hire a virtual assistant to help you now so you can enjoy more of your holidays. You’ll be so glad you did and you’ll never go back to being a lone ranger!
I’d like to invite you to choose at least two of these ways of giving in your business to implement this holiday season.
I’d love to know your thoughts on this – feel free to share them below.
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