Marketing Entrepreneurship Business Blog for SMB's

Marketing Entrepreneurship Business Blog for SMB's

Marketing Strategy Blog - Management - Page 3

With planning on the agenda this week and new hires, it has become apparent that we have to look closely at the past to ensure that our business goes into the future with it's best foot forward.

I'm in heavy business planning stage right now and I am looking for a lot of growth and development within our business. Our products need further development before August, and our APP must be finished for our clients, licensees and employees so that training and development as well as the marketing dashboard is at their fingertips.

I'm a strong believer in technology and how it powers performance. I don't hide behind the fact that I believe that marketing needs to reinvent itself and allow robots in, while still maintaining the personal touch. It's a hard combo and no-one really has it right. Marketing automation was supposed to solve this problem but there is no program yet on the market that actually does this well enough.

The human touch is still over-needed.

To keep abreast of what is going on in our industry and to maintain our position of leadership, we are working more on innovation and technology, while teaching new staff, new ways in which they can work to better perform for clients.

A catalyst for this is change is needed every year in a growing progressive company. You can't deliver upon continual growth at the rate we are aiming for without making sure you are a step ahead of the market - always.

People buy-in is instrumental and at my own fault I have sometimes forgotten that inclusion when I have impulsively developed a new or innovative process. Fairly stereo typical of an entrepreneur who is creative, but not acceptable and sustainable.

If your business hasn't:

Developed a business plan for 2016/17
Developed a marketing strategy that is not the same as last year, for 2016/17
Audited your processes for constant improvement across all areas
Set  your sales goals and ensured all team members are across them
Invested in people management, development and growth allowing adequate budget for the year
Made innovation your number one motivator for staying on top
Bought a copy of Gazelle's and completed the two page template and shared with your team
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"We are products of our past, but we don't have to be prisoners of it." Rick Warren.

We're all very capable of making the same mistakes over and over again, because, under stress, we tend to retreat to habits of emotion regulated from our childhoods. Habits take over under stress, and in particular when physical or mental exhaustion sets in.
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Entrepreneurs beware!!!! Are you still sitting on your hands instead of making very important business decisions because you are so indecisive or you have no clue which way to go and are not prepared to take the risk?

So many entrepreneurs have amazing ideas. True. So many them never see them through. Fact.
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With a growing business there are pains, and sometimes things happen that are out of our control.

Our Sydney office experiences an exponential inflow of leads every single day. We are completely miffed as to why we receive so many Sydney-based leads from our social media and website, and as such, we need to employ more people.
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We've all been employees at some time in our life and many of us, no matter how good we think we are as people, have made a mistake or two in the roles we have been employed in. It's human, and expected. 

What is interesting though, is that some people never learn the lesson. As employers we all hope that they do it all when they are young, and then move on to taking a more mature approach to things, especially if they want to get ahead in their careers.

The challenges of being an employee are many, but mostly, it's about life in general. People spend so much time at work, they have to love it, and get the most out of the situation. It has to be part of a greater plan.

My first employer was a perfectionist

When I was younger, I remember one of my first employers was a perfectionist, and it was hard to always be 'perfect' at everything I did. But I learned not to make the same mistake twice and always listen, take notes and check my work before handing it in. At the time, I was terrified of him, but respected him because of his talent and the fact that he did some really smart things and ran a business with no University Degree, or backing. Just an inate business capability, creativity and a desire to do everything 'perfectly'. He also had a philosophy that everyone must stop for morning tea and afternoon tea regardless and sit together and chat about anything other than work.

I was paid $12,000 per year

It challenges you as an employee to live up to these expectations, but it has set me up for life and for that I am grateful. I also hold this employer in the highest regard. I was paid $12,000 per year, and after a few months, he put it up to $14,000 per year. I wanted to come to work earlier, and work later, but my immediate supervisor was against this, and it's funny, as I am that same person today with my staff. I don't want for them to work long hours. I want for them to live life.

You could sleep your way to the top

Other employers taught me different things; working in big corporations particularly in the media I learned that politics is everything, and back then, you possibly could sleep your way to the top (sad but true). I never did and never have, but it was possible back then - less so now. Another employer taught me the importance of good family values and treating everyone like they are a member of your family. Being there when things are tough, and allowing stars to shine. They also taught me that there are some people that you should just let go - and see what they come up with. They did that to me, and it's amazing what I achieved and how proud of that work I am today. I am still in contact with them and still part of the family. Something I cherish.

Then there was the opportunist employer, who at the time I was grateful for giving me an opportunity, but found that values are more important. I left only because I needed to stay on the career path of marketing and the role was too PR related. He saw an opportunity in the not-for-profit space and took it.

I didn't quite respect him

The last one that really touched me and helped shape me was someone I didn't quite respect, but learned that you should take risks and networking is everything. What I loved about that job was the fact that I was able to meet some of the most powerful and influential people in the world, and travel with them promoting an industry. The lack of respect only comes from my own moral compass, but I do believe that it is important to appreciate what these people give us in knowledge and insight. He taught me that age doesn't matter when it comes to jobs. He had a 21 year old run a magazine straight from University. He also taught me that some people just have ability to hire the right people, and he certainly did that. Everyone who worked there was ambitious and went on to become serious players in their careers.

Standout employees make others sometimes feel insecure

My very last big role before starting my own business taught me what it is like to work in an environment where you stand out, but that makes other's feel insecure. How to manage that, I did not know at the time, but I watch for that in my team now and make sure that they navigate that path in a way that brings out the best in everyone.

Working for someone is a privilege, and even though I am saying that as an employer, I think many young people forget that. Owners of small businesses in particular have a lot of stress and have to think about things you would never have considered. Paying payroll and ensuring that there are enough clients to sustain a business is just part of it. But it's also HR, accounting, marketing, legal and leadership. There is so much to think of. Why I say that it is a privilege is because whether you like it or not, they make sure that every week you get your salary, your super is paid and you get 4 weeks annual leave, 10 days minimum sick leave, and 10 days or so that are public holidays. That's a lot for FREE, and I know employees don't see it that way, but at the end of the day, this takes a huge chunk out of the year and productivity.

I am grateful

As an employer, I am grateful. I have given myself the opportunity to have the dream job, but with everything that is good, there is always challenges that bring you back to reality. 

Today's team of people that work at Marketing Eye are amazing. I am lucky. Anyone who has ever left, meant to leave. We only live once and as long as we do so with integrity and compassion, it's a life worth living.
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There is so much going on this time of year, it is ridiculous. Usually, I do the smart thing and disappear overseas or head up to the family property in Queensland to hang with my family, but this year, I am staying put... well, for now.

I have so much to do as I have alluded to in previous blogs; Marketing Eye's expansion plans, Licensing the Marketing Eye model, a new technology platform that I have developed and a new tech company that I am about to go into capital raising mode for. On top of that, I have my passion project, The World Incubator, and selfishly a holiday overseas to the snowfields.
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There are so many things that entrepreneurs do right, and often it is for the world to see. Yet there are still some things that we don't quite get right. 2016 is going to be a huge year. There is so much in store and while we all focus on business, the Government has a few headaches not just with stimulating economic growth, but ISIS and climate change. 
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If you thought it was hard to start a business, spare a thought for those who are actually running businesses and trying to take them to the next level.   It's one thing to get off your bum and start a business that originates as just an idea, or the next viable step from working for someone else, but what happens when that takes off? Is it easier or is it harder.
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Guest Post by entrepreneur and "money man" Scott Malcolm, of Money Mechanics. 

The excitement of a new business venture or idea requires a different energy and skill set to the day to day of running a business.  Entrepreneurs have skill set and vision to setup business but often need strategies in place to take the business to the next level and run it!
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Anonymity online no matter how much you think that you have created an anonymous account, is no longer the case. With the changes in Australian law and the brilliance of a number of technology experts, finding the source of an anonymous comment on a website is now the norm.

Over a year back I received a call from a tech guy who was out to turn the tables on people who write slander on employers as anonymous people on influential websites. He not only told me what he could do, but actively showed me how you can find out who wrote what on various websites and then trace their whereabouts. It's quite fascinating really and something that at long last brings to the table something all future employers want to know.
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