Saturday, December 29, 2007

Makes you really want to work for a living

From the Seattle Times:
http://seattletimes.nwsource.com/html/localnews/2004097983_mobilisa29.html

In each country, there is a formal measurement of the level of graft required to operate a business. It's articles like this that make you wonder if it (operating above a minimal level of 'graft') has always been like this in the US (one of the better-ranked countries) or if this is part of a trend (direct 'payments' from companies/citizens to government officials) that is accelerating. And if so, in which states is it the most prevalent? Old liners (NY, Mass, Virginia) or new-growth (Utah, Nevada, Florida, Texas) or a mix? Does the frequency of this type of behavior have to do with the regulatory structures in place in each region, state or locality? (Of course human nature is what is, so for the sake of argument, we'll assume that there is a constant percentage x% in every area who will engage in this type of behavior when given the opportunity.)

Transparency is a key factor in fighting this. By making all (and I mean ALL) spending, regulatory and appropriations bills (and any others dealing with funds) available for public review (in an easy-to-access and search format--google?), this problem won't go away, but it would be easier to at a minimum track WHO's funding whom and what is being approved. At a the federal and state level, often times the spending bills are so large and complex that98% of the general public can't and won't wade through them--so make readable, searchable indexes.

It's sad to see that for a small percentage of revenues, a company can effectively buy government contracts. But, it's the way governments work and as a strategic consulting firm, we always have to calculate that in our clients' planning sessions.

And a Happy New Year
-Shawn

You're outsourcing WHAT?

Businessweek reported that the Miami Herald...

Businessweek says,

The Miami Herald is outsourcing some of its advertising production work to India, the newspaper’s editor said Thursday.

Starting in January, copyediting and design in a weekly section of Broward County community news and other special advertising sections will be outsourced to Mindworks, based in New Delhi.
Assuming that the Herald has done their due diligence, that's another blow against a struggling industry. We're flooded with talented, qualified and experienced (and not-so-talented) layout and design firms in the States. It's a true statement to both the problems facing the newspaper industry and the effective level of global services networking that a rapid-fire production outfit like a major US newspaper would want to, need to and be able to outsource daily production and layout tasks to a firm on the other side of the planet. (Assuming the decision was made on purely business grounds and not a personal vendetta or some other personal agenda.)

It makes a sad day for the US services industry, one in a long, long row of sad days. But to change it, do you really think that design & layout firms in the US will be willing to compete with foreign firms on price? (Yes, there are a slew of business models that still work in the layout & design marketplace, but as each year goes by, they are less and less profitable in the US.)


Happy New Year-
Shawn

Friday, December 28, 2007

Viewing the future through their past

Apple filed for a cashless smartphone-based payment system for retailers ad consumers with the U.S. Patent Office. Apple affectionados and tech-fans squeal with glee. Will it work? Will iPhone users be able to swipe their Apple-toys at the local Starbucks to cover their vente iced cappuccino-whatevers, while maintaining an air of techno-social superiority? Who knows.

To see how this systems, just view Europe, Japan, South Korea, Mexico or any of the other 'high-tech' smartphone or smartcard payment-accepting retailer environments. That's right--Europe, a bastion of tech. development and innovation has been running automated smartcard (touchless) systems for years (visa, mastercard, etc.).

What is the significance of this? Only that it can be viewed within a wider frame of reference, delineating the trend that the US is not, nor has been for a time, the leader in creating and implementing cutting-edge (bleeding-edge) technologies. Want a long-term comparison? The US in 2007 is similar to... England (not the UK) in 1932.


One thing to take away from this (one thing for local US retailers and service providers): be ready for location-aware internet (portable) devices. There are many, many ways for retailers )small and large) to make hay from this 'new' world. Payment, information, sharing/networking devices will continue to grow in popularity and usefullness. Typical example: my nephews last week were looking for Wii games. They hit a couple of the local GameStop stores (Stop? Spot? whatever.) After finding empty shelves, they banged out the map on their iPhones, called around and hit a local store that carried the game they wanted. (They should have done that first, but they wanted to hit the malls.. cherchez les femmes, no doubt.). A retailer running local-specific ads on g'maps could have caught their eye first. etc. etc. etc.


Have a Happy New Year-

-Shawn

Wednesday, December 26, 2007

When it's time to rock a funky joint...

I'm on point.

It's a very, very old lyric from a mediocre group from the 90's (House of Pain). But, it's a truism that applies to marketing and political management.

Stay on Point.

Stay on Point.

Stay on Point.


Got it? You typically have 7-12 seconds of an individual's attention at any one time. How do you use that mini-clip wisely? Stay on point. Don't deviate from the message that you want transferred to the public. Don't be caught wandering through some logical forest during the 10 seconds that your audience is actually listening.

Reinforcement. Bang the same drum over and over. People will get it and remember it.



But...
This doesn't help you if your message is crap. Sorry. Crap is crap is crap. Crap repeated a gazillion times is still crap. Crap based on lies is still crap. Crap that doesn't stand up to a 3rd grader's questions (aka. typical newspaper reader's functional reading-level) will be exposed as crap.


Still.
Be on point.

Always.


-Shawn

Tuesday, December 25, 2007

Christmas - and Baseball

Good morning all, and Merry Christmas!

This one's for my dad--and for all the baseball nuts out there. Yesterday Rob Neyer (of ESPN and SABREmetrics fame) posted this link. For anyone who's ever wanted to know the effectiveness of the four major pitches, give this article a review. Hardball Times reviews the fastball, slider, changeup and curve. Well worth a 10 minute read.

http://www.hardballtimes.com/main/article/fastball-slider-changeup-curveball-an-analysis/


Enjoy!

-Shawn

Monday, December 24, 2007

7 Errors (and a Merry Christmas to you, too)

On Christmas eve, as many of us wrap things up for a few days, here are a few thoughts to keep in mind for the new year:

First, know how your customers think. Obvious, but study after study has demonstrated that understanding HOW your customer think, not just WHAT they think, is the number one weapon you have in getting your message, the correct message, to your customers at the right time during their decision process.

Second, next yer will be rough--especially in the south-east. Prepare for it. By the year's end, there MAY be a turn-around in the general services and manufacturing sectors, but as we in Florida are tightly tied to construction and the housing industry, the next 8-12 months will be tough ones. Plan and prepare accordingly.

Third, here are the 7 common errors that we make in reasoning: (from lifehack.org)

a) Confirmation Bias

The confirmation bias is a tendency to seek information to prove, rather than disprove our theories. The problem arises because often, one piece of false evidence can completely invalidate the otherwise supporting factors.

b) Hindsight Bias

Known more commonly under “hindsight is 20/20“ this bias causes people to see past results as appearing more probable than they did initially. This was demonstrated in a study by Paul Lazarsfeld in which he gave participants statements that seemed like common sense. In reality, the opposite of the statements was true.

c) Clustering Illusion

This is the tendency to see patterns where none actually exist. A study conducted by Thomas Gilovich, showed people were easily misled to think patterns existed in random sequences. Although this may be a necessary by product of our ability to detect patterns, it can create problems.


d) Recency Effect

The recency effect is the tendency to give more weight to recent data. Studies have shown participants can more easily remember information at the end of a list than from the middle. The existence of this bias makes it important to gather enough long-term data, so daily up’s and down’s don’t lead to bad decisions.

e) Anchoring Bias

Anchoring is a well-known problem with negotiations. The first person to state a number will usually force the other person to give a new number based on the first. Anchoring happens even when the number is completely random. In one study, participants spun a wheel that either pointed to 15 or 65. They were then asked the number of countries in Africa that belonged to the UN. Even though the number was arbitrary, answers tended to cluster around either 15 or 65.

f) Overconfidence Effect

And you were worried about having too little confidence? Studies have shown that people tend to grossly overestimate their abilities and characteristics from where they should. More than 80% of drivers place themselves in the top 30%.

One study asked participants to answer a difficult question with a range of values to which they were 95% certain the actual answer lay. Despite the fact there was no penalty for extreme uncertainty, less than half of the answers lay within the original margin.

g) Fundamental Attribution Error

Mistaking personality and character traits for differences caused by situations. A classic study demonstrating this had participants rate speakers who were speaking for or against Fidel Castro. Even if the participants were told the position of the speaker was determined by a coin toss, they rated the attitudes of the speaker as being closer to the side they were forced to speak on.

Hope this gives you a leg up during the next year.



-Shawn

Saturday, December 22, 2007

Saturday Survey - Media and Consumers

I ran across this earlier this week and wanted to share it:

Survey Reveals Communicators Are Out of Sync With the Way Consumers Use Media


Short Text

Ketchum and the University of Southern California Annenberg Strategic Public Relations Center find that advice from family and friends is the No. 1 source that consumers turn to when making a variety of decisions, according to a survey that examined the use of more than 40 media channels in the U.S. and BRIC countries.

Body Text

Consumers Rely Most on Personal Experiences and Experts When Making Decisions
Contact:
Robyn Massey
+1-646-935-3911
robyn.massey@ketchum.com

New York, December 10, 2007
- The way communicators dispense information is out of sync with the way consumers use media, according to Media, Myths & Realities, a comprehensive survey of media usage among consumers and communications professionals conducted by global public relations firm Ketchum and the University of Southern California Annenberg Strategic Public Relations Center. Advice from family and friends is the No. 1 source that consumers turn to when making a variety of decisions – ranging from purchasing consumer electronics to planning a vacation – and advice from an expert rates highest when making medical decisions and purchases based on a product’s environmental impact. Despite the strong evidence that friends, family and experts play a key role in influencing decisions, only 24 percent of communicators report having a word-of-mouth program in place.
Another indication of this communication gap is the differing reliance on company Web sites. Communicators rank their companies’ own Web sites as the most effective way to share corporate news or issue a response to a crisis, but consumers rank company Web sites sixth and seventh among places they turn to for corporate news and crisis response, respectively.
Other Key Findings

  • U.S. consumers are more skeptical of nearly all media outlets. Another key finding underscores the fact that while U.S. consumers are using more media sources than ever before, they are less likely than they were a year ago to take the information they receive at face value. Consumers rated all media sources, with the exception of cable network news, as being less credible than in the 2006 survey. While local television news was seen as most credible, it dropped from 7.4 last year to 6.9 on a scale of 0 to 10. Celebrity endorsements ranked last, at 3.7, down from 4.7 last year. Cable network news ranked 6.8, compared to 6.4 in 2006.
  • Media preferences are more personalized than ever. The study reveals that 22 percent of U.S. consumers use social networking sites, up from 17 percent in 2006, and 19 percent of consumers use blogs, up from 13 percent. Among consumers over the age of 55, use of blogs and social networking sites more than doubled. At the same time, use of most other media outlets slipped from a year earlier. Search engines continue to be a gateway to consumer choice in information, with 60 percent of U.S. consumers using them to find and select the news and other information they want to receive. The trend toward more personalized media is even stronger among “influencers” – the 10 to 15 percent of the population who initiate changes in their community or society through a variety of activities – with 35 percent using both social networking sites and blogs and 72 percent using search engines.
Takeaways for Marketers
  • Treat audiences as groupings of individuals rather than faceless masses. Rather than rely on the reputation of a media outlet to carry your message, relate to the public by creating content that is relevant, authentic, and engaging, and motivates consumers to share information with like-minded people. The opportunity for communications professionals is to help provide context, rather than sheer content, and give consumers more of what they are seeking. Quantity of media impressions should not be the sole focus of a campaign – media should be used as a vehicle for reaching stakeholders in a way that is meaningful or useful.
  • Put word-of-mouth and search-engine-optimization strategies in place or miss out on tremendous potential for audience reach and sales. In addition to advice from family and friends being the No. 1 source that U.S. consumers turn to when making select decisions, search engines (such as Google, Yahoo, CadĂȘ, Yandex, Baidu, etc.) rank No. 1 or 2 among all media channels in overall usage for BRIC countries and No. 3 in the U.S. among influencers.
  • Be wary of the communication flavor of the month. Be sure to stay on top of the latest research and avoid becoming reliant on any single communication technique regardless of how new or exciting it may seem. For example, usage of podcasts is registering in the single digit range with the exception of the 18-24 age group, which grew from 8 percent to 13 percent.
  • A company’s own Web site should not be the primary choice when communicating to stakeholders. While a company Web site provides communicators with a high degree of control over their message, consumers often turn elsewhere for information.
About the survey
The survey compares the media usage habits of 1,229 adult Americans (including 200 influential citizens, or “influencers” – the 10 to 15 percent of the population who initiate changes in their community or society through a variety of activities) and 500 communications industry professionals. The sample of 1,229 U.S. consumers was oversized to ensure inclusion of 300 Hispanics and 200 influencers.
In Brazil, Russia, India and China, 300 consumers and 200 influencers were surveyed in each country. The definition of an influencer was consistent for the U.S. and the BRIC countries, allowing for cultural and political differences within each country. The survey did not include communications professionals in the BRIC countries.
The survey was conducted through online distribution between Sept. 30 and Oct. 5, 2007.
About the University of Southern California Annenberg Strategic Public Relations Center
The USC Annenberg Strategic Public Relations Center (SPRC) plays a major role in the continuing evolution, professionalization and expansion of the public relations discipline. A unit of the USC Annenberg School for Communication’s Public Relations Studies Program, the Center’s mission is to advance the study, practice and value of public relations by conducting applied research in partnership with leading industry groups.
About Ketchum
A communications innovator, Ketchum ranks among the largest global public relations agencies, operating in more than 50 countries. With five global practices – Brand Marketing, Corporate, Healthcare, Food and Nutrition, and Technology – and specialty areas that include Concentric Communications (experiential marketing, events and meetings), Ketchum Entertainment Marketing, Ketchum Global Research, Ketchum Sports Network, Stromberg Consulting (change management and workplace communications) and The Washington Group (lobbying and government relations), Ketchum leverages its marketing and corporate communications expertise to build brands and reputations for clients. For more information on Ketchum, a unit of Omnicom Group Inc. (NYSE:OMC), visit www.ketchum.com.


To view this report in complete form, visit: http://www.ketchum.com/node/1131




_______________________________________-

To Summarize: be more target group specific. Don't rely on a web site as your primary communication channel. Direct networking, word of mouth and SEO are three highly-impactful methods of reaching your customers.


Have a great Saturday,
Shawn

Friday, December 21, 2007

Friday Afternoon - Information

If cash flow is the lifeblood of a business, information is its sensory input. Obvious, right? Not always. How many times have you met with clients who 'knew what their customers want.' No iffs, ands or buts. They won't allocate marketing dollars for research and are convinced that because they've been in their marketspace for years, they have the pulse of their customers.

Only to find out that after 6 months of well-planned marketing campaigns, you're not hitting your goals, not drawing in the customers, not stealing marketshare, not boosting profits. Oops.

If you've got a good client, you can go back to them and convince them that they need to execute customer polling/research/feedback. They don't know what they thought they knew (even if YOU knew it to begin with).

Part of any management system is the monitoring and feedback loop. For any system or process to succeed, you need to track, monitor and oversee the ultimate results as influenced and effected by your strategies. The 'bottomless well' customer who throws millions at strategies without a care of the results is either a: political or b: destined for chapter 11 or c: surviving not by their skill but by luck (for which there is something to be said). To justify your value to your customers, you have to be able to demonstrate that you're moving them closer towards their established business goals. That means tracking and monitoring, followed by strategy and tactical modifications when the results (after sufficient time has passed) are not what was planned or expected.

In short, the more information that you and your customer have about their clients, the stronger your strategies will be and the happier your clients will become. (There's a book in here somewhere... or fifty.)

I bring this up because we had a customer who wasn't generating our expected returns on one of the strategies that we had recommended to them. They were following on our recommended tactics, timing and management, but the results just weren't there. A review of the system showed that the message was reaching the targeted audience, the audience still had a need for the service, but the end-customer just wasn't doing what we expected. Upon review, we implemented a client polling and tracking system for a short run and found out that our initial base needs-assessment (supplied by our client) was significantly off-base. We were able to change the message in the campaigns to address the correct need and, blammo!, we started hitting our numbers. It helps to work with good clients.


Have a great weekend-
Shawn

Wednesday, December 19, 2007

December Thoughts

Working in December is unlike any other time of year. Everyone's gone, leaving early, distracted, spending time wrapping up end-of-the-year details and finalizing (should have been done BY December) their budgets for next year. Getting in last minute appointments is tough and getting signed contracts is even tougher.

But some words of advice. 1. Don't put anything off. Do right now whatever you can to get in front of your customers and leads.
2. Be patient. Most of your customers are swamped. They'd like to meet with you but often can't at the usual times. Be prepared to have late dinner and early-breakfast meetings. We had a meeting last week with a customer at a local mall--she spent her lunch hour shopping for her children's Christmas gifts, and we accompanied her. It was distracted time but it was time well spent.
3. Be thoughtful. It's a cliche but bring cookies, cakes, desserts, small munchies and, if all else fails, wine to your customers. Make sure that you're legally covered (i.e. that it can't be interpreted as a bribe) but the feeling of goodwill that you engender with your customers goes a long way--and plays up to their feeling of indebtedness to you as well as their 'liking' of you.
4. If all else fails, lock in signature meetings right after January 1st. We have 2 setup for Jan 2md and Jan 3rd. It shows the customer that you're willing to work with their schedule and needs, up to a point, but that you're serious about getting the sales closed and meeting their needs.

A word about Christmas parties. Personally, I'm a family guy and enjoy nothing more than spending a (not-so) quiet evening with my wife and daughter. Professionally, Holiday Parties are a blessing/hazard of working in the modern era. Chin up, work the room, be professional in a relaxed manor and don't (DO NOT) button any of your customers. Smile and enjoy the evening.

Have a great Thursday.

-Shawn

Tuesday, December 18, 2007

Presidential Donations

Here's a link to the national donations registration for the 2008 Presidential Election. Interesting reading, and unsurprisingly it's the big lobbies that are spending with abandon.
http://www.opensecrets.org/pres08/select.asp?Ind=A02

In the end, it's really about funds to pay for the 'white hat' marketing to convince the voters that 'your guy (or woman)' is the 'best' candidate for the job. And to pay for the 'marketing-related activities'--voter registration and voter-drives (busing in voters, buying them dinner, etc.) , sponsorship activities, voter research, etc.

Of course, there's always the tried and true 'black hat' method: research up a list of the recently deceased and have them vote. A review of the New York voting records from the last 1960's demonstrated conclusively that practice works. Intimidation, losing returns, confusing ballots, payoffs as raises or contracts, the list goes on and on.

To paraphrase Groucho Marx: I'd never want to belong to a club that would want me for a member.


But, it's not all doom and gloom. The internet lets news organizations report and publish: voter lists, donations lists, scandal lists, registration requirements, candidate histories, etc. It's up to the individual voters, it's their right and responsibility, to do the research and vote for a candidate that they think will enact policies that are to their long-term benefit. The information's out there for the public to review (this isn't Stalinist Russia in the 1930's).



-Shawn

Updates for the New Year

Starting January 1st, we will be updating on a tri-weekly basis for 6 months. We'll be bringing you the best of current and established business strategies, marketing studies and customer management industry-best practices. It's Web 3.0 and it's not just aggregation but improvement based on synthesis.

See ya when the champaign runs dry-

-Shawn

Thursday, June 21, 2007

Closing the Sale

One of the hardest things for new salesmen to do is to close the sale--get the customer to sign on the contract and hand over the money. Here are nine quick tips on Closing, from Jay Levinson.



1.
Listen to your customers actively, be really interested, no, be fascinated! Sit
on the edge of your chair, literally.





2. Wait to give your presentation. "Don't spill your
candy in the lobby," and don't tell the good news on page one.





3. Be a "sales doctor." Be sure that you've thoroughly explored
exactly how your customers want to look and feel by using your product. Then
support them in their conclusions.





4. Ask for a "ballpark" budget figure, a range, "off the
record," "in round numbers," and then refine it.





5. Give your sales presentations only to those who can make buying decisions.





6. As a salesperson, be friendly, but don't make friends.





7. Assume that prospects know nothing about you, your products, or your
organization and don't tell until they ask.





8. Everyone's a "Number One." Let all know that you know.





9. Everyone knows when they're being controlled or manipulated and we all
resist it. Don't do it. By letting your customers feel more "in
control" you'll actually be more in control.





In the end, know when to walk away and know when to push for the signature. And don't leave without it.





-Shawn







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Thursday, June 14, 2007

Customer Management

To call or not to call. That is a very typical question. How frequently should you call your leads? How frequently should you call your current customers? How frequently should you call your past customers? What is too many? What is too few? What is the Goldilocks of telephoning--what is just right?



The quick answer is: there is no fixed answer. It depends on what you need and the personality of your customers. If you're pushing to convert a lead to a signed customer, then you should be more aggressive in contacting the customer--but pay careful attention to the clues you pick up and don't overplay your hand. Some customers need a delicate touch while others need to be pushed hard, sometimes multiple calls a day, to get that signature.



In the end, know your timeline and know your desired outcome. Make sure your telephone strategy fits the needs and personality of the customer's decision-maker.



Everything else is just chaff.





-Shawn



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Monday, June 11, 2007

Getting Older

It's a sign of the times that I must be getting older. I really don't care about Apple's new iPhone. No, I couldn't actually care less about it. I'm fascinated by Apple's herd-marketing skills and tactics; there's nothing harder than marketing 'edgy' products successfully, year after year.



But purchase an iPhone? Not likely. It looks like it is slated to have a hard time with standard email and win-mobile apps that we use every day for honest-to-god workforce productivity. What is the functional value of it to me, either as a cell-phone user or as a boss?



Bright and shiny doesn't cut it any more.





But their underground marketing blitz is just as impressive as their implementation of their long-term strategic plans.



-Shawn











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Wednesday, June 06, 2007

Quick Tip for the Day

Today, we'll be talking about customer referrals. To drive increased new customer sales, always have your staff end conversations with customers with this simple question: Which of your friends or colleagues would you refer us to?



Make this a part of your every customer interaction and you'll be surprised how many low-cost, easy-to-convert leads you quickly pickup.



Told you it was a quick tip.



-Shawn





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Friday, June 01, 2007

Ya gotta have Faith

One of the most important elements to any successful business venture is faith. I don't mean 'god will see me through this...' faith or 'can I be  one with the buddha?' faith. I mean good old self-confidence. Any successful organization, be it a company, club, team or group of friends has faith that their common goals will be achieved. That they can overcome the adversity that they will face. That they will 'win in the end.'



Why? Simple: it gives the business the focus, the drive, the energy and the perseverance to fight through the obstacles and churn through the piles of work required to achieve their goals.



Success is hard work, perseverance and luck. And with faith in your ultimate success and self-confidence in your company and yourself, you can face the future and achieve your business goals.



-Shawn





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Tuesday, May 29, 2007

Strategic vs Tactical

I wish I had a dollar for every time someone asked me for feedback on their strategic vision......and then proceeded to describe how they were going to 'drive up sales with out new marketing campaign.' I could retire in peace and quiet, or at least pickup a good set of Bose noise-cancelling headphones to tune out life's background noises.



Businesses run on 3 levels: Strategy, Tactics and Logistics. This may be simplistic for many of you, but it's a good place for first-time business owners or entrepreneurs to start.



Strategy: long and short term goals. Where you see your business going, who your customers are, what products and services you will sell, what market need you will meet and possibly create, how your business fits in your defined environment, what your relationship with capital and staff will be. Goals, what you aspire to and target. What should be the end result of your plans.



Tactics: How you will reach those goals. The steps that you put in place and the procedures that a business can execute that should lead to achieving  your goals. This includes everything from customer identification and acquisition to sales procedures to where to place items in your store to follow-up customer management processes. Which marketing campaign to execute and how to do it. How to successfully run product and service R&D.



Logistics: Money. The lifeblood of a business. Money keeps the bill collectors at bay and the employees happy. Logistics is the financial aspect of your business--something which usually is separate and distinct from your production and management tasks. It's important enough and distinct enough that it deserves its own section. Managed properly, your finances can provide you with the cash needed for expansion, to weather the down times and to exploit the good times.



And those are the big 3 for your business. Get those right and the rest falls into place.







--Shawn





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Monday, May 28, 2007

Memorial Day - musings and thoughts

Today's political climate is poisoned and toxic like never in the past. With censorship and oversight running rampant and unchecked (who watches the watchmen?), with patriotism in the US being blended with political parties and beliefs, with no highly visible 'bad guy' (someone along the lines of Hitler or Stalin, two of history's more recent mass murderers) the current perception of the military world-over is a muddled concoction of personal fears and national ideals.



Here are my thoughts on the Significance of Today:



In the US, today is Memorial Day. Democrat or Tory, Canadian or Kiwi, Red-State or Blue-State, if you live in a country, a geographic area defined by borders and governed with rules, you owe a debt of gratitude and appreciation to a veteran. Be you a Dove or a Hawk, in the past, someone fought for the right to call the land where you live a country--and today is a good day to offer them a silent word of 'thanks.' Virtually no location in the world today is inhabited by its original 'founders' (they being killed off by homo-sapiens over the course of millennial history); that means that nearly every 'country' today was colonized--which meant struggles, wars, fighting and ultimate 'success' (existence) for the current spate of nation-states (in time, some will fall and new ones will arise to take their place. it happens.) Ultimately, someone in the past struggled and sacrificed for the ideal and the reality that is your current country (Russia, China, USA, Mexico, et al). It is in their honor that we celebrate this day.





     Back to business thoughts tomorrow.





-Shawn







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Tuesday, May 22, 2007

Trust in the Marketplace

     An interesting situation arise this last weekend. An individual with whom we had professionally (but informally) partnered left his original employment at Company A to go out on his own. (Company A was failing in its business model and looked like it was not long for the world.) As part of his severance package, he was given a contract on which RTBS had provided minor verbal assistance. The contract was large enough that it would have kept him afloat for a marked period of time as well as providing him with a great entre into other business opportunities.

    This individual physically relocated to another area of the country, registered his own DBA and then started operating on his own, contacting us for advice and partnering opportunities regarding this larger contract--we were asked to provide guidance, project management as well as some technical implementation. Not a large contract for us, but an interesting one with significant growth opportunity. After working through the discovery process with this individual, we submitted a response to the RFP and awaited a formal response.

     To my surprise, I heard through the grapevine that our solo-operating individual had decided to return to work for Company A, that Company A had 'taken back' the entire contract and that we were going to receive a verbal 'thanks for your assistance' on the project. Normally, I would chalk it up to my foolishness, trusting individual A without anything in writing from him yet, however the risk at the time was minimal because of the personal relationship factors between the individual and Company A had become so toxic as to, in my judgment,  ever permit Company A working with the individual again.

     In this case, we will do a quick exploratory research into the causes of our intelligence failure--were we taken for a ride or was there a random chance event/something that we missed? Regardless or the ultimate cause, the end result of this scenario is that any dealings with Company A and this individual will be on a cash first, paper-deal only.



Surprised but not shocked

-Shawn















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Friday, May 18, 2007

Thought for the day - Where's your dog?

In an ever-commoditizing world, where do you stand out? I don't mean 'how do you sell yourself' or 'how do I catch the eyes of the best potential customers' but 'what do we do better than everyone else around?'.



This is the 's' in a SWOT analysis, and it points you, as an individual  and as a corporation, towards areas and situations where you will be able to shine.



The catch here is that your strengths are in what you do; they are not limited to where you are. For example, if you've built up a successful business repairing TVs, you must have mastered the details of running repair teams, building customer rapport and driving repeat and new service business--you're not just a TV repair business. Those strengths offer you the opportunity to grow into new areas and create new customer demand well outside the TV repair task list, but within your strength set; high-end home entertainment design and installation is one example of a complimentary industry that has sprung up over the last 10 years which would play right into your business and personal strengths.



Take 2 minutes and list out your personal strengths and your business's strengths. Be honest with yourself and you may be pleasantly surprised with what you find.



Remember, know your strengths and you will find your opportunities.



-Shawn









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Thursday, May 17, 2007

Thought for the Day

If you're a political hack: when life gives you lemons, you find a way to enact legislation increasing the recommended daily citrus intake while requiring an increased consumption of lemon-based drinks in public schools across the county.



If you're a marketer: when life gives you lemons, you find a way to position lemons as the most 'environmentally-friendly' fruit in the marketplace.



If you're an entrepreneur: when life give your lemons, you find a new use for lemon rinds that helps cure warts and improve complexion.



If you're a parent: when life give you lemons, you teach your children how to make lemonade.



-Shawn







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Wednesday, May 16, 2007

Strategic Tip #1

If you get this right, everything else falls into place.



Define your customers' optimal or improved value at the intersection of a newly-created nexus between either: pricing, customer need, product innovation, delivery innovation, or marketing innovation. Don't rest on where the market sees their value today but find where you can make them stand out--and know that you will have to keep moving, keep innovating, keep finding new customer value and new combination values.



Your competitors will copy you--which is a good thing. It means that they are spending their time trying to be like you and not finding where their next value point lies.



Next tip later-

Shawn



Ambush Idea: always ask a customer or lead 'who should I talk to next?' find a reason (for example: you're only in town for a day but have an extra 2 hours.) It exposes what they think of you, where the see your value in the marketplace and most importantly, it gives you a live ,referral lead.







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Tuesday, April 10, 2007

Long Live MLB

9PM on the East Coast and I officially LOVE the internet. Anyone who pays homage to those golden days of yore is sadly misguided. You may be asking yourself 'why?' And that's a damn good question.

   

But as any true baseball fan will tell you, there's nothing like sitting back after the day's work is (nearly) done, enjoying a good game. And right now, we're watching the Yankees teach the Twins how to play ball. Living in Florida, we're watching the locally broadcasted Yankees game live through MLB's web site. A few years ago, the best that we could have hoped for was to catch a gamecast--nothing like little pixellated blobs rounding the bases.



Now, no matter where we are, we can catch newarly every Yankees game live.



Ah, what a great time to be alive. (and it's great to enjoy such simple pleasures in life.)



More tomorrow--

Shawn





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Thursday, April 05, 2007

Operational Stuff

It's been a busy (telephone and meetings) last 2 days. Nothing like 2 14 hour days filled with nothing but meetings, meetings, documentation, reports and proposals. Good stuff and better than the alternative.



After giving Thunderbird and the open-source crowd a 2 year trial, I've ahd to move back to Microsoft for my contact and communication management. MS Office is expensive, but it's so far ahead of the copmetition for integrated contact and communication management that I literally would be dead in the water without it.



It's going to be a dark day soon--we're going to require that everyone migrate over to MS Office within the next 2 weeks. That scream you hear is the wailing and moaning of our techies.



-Shawn





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Tuesday, April 03, 2007

On a Tuesday Morning

Just returned from a 5 day board meeting/skull session with our Board of Advisors and Investors. We worked out some tactical details, made sure that our strategy was aligned with our overall goals and laid out some short-term executables at the management level.



The first item is to start thinning the herd. We have identified our low and underperforming customers, the ones whose potential has gone unrealized or whose management expenses have become too high, and have started the process of workign with them to migrate their accounts to other service providers--ones whose model lets them run with this type of client successfully; i.e. heavy billing for customer service and support.



While we know that this may cause some discomfort, in the long run everyone will be happier and better served. Our soon-to-be ex-customers will be allowed to work with other companies that are geared to meet their more intensive, hands-on needs for day-to-day production task execution assistance. We will be able to concentrate more of our resources on growth and implementation of business strategic solutions within our Pillar-based framework. Our staff wil be able to execute on the things they do best--problem solving, technical situational projection within a framework of business needs identification.



For those keeping track, in the past month, we're converting leads in the ISP industry, web development industry, marketing and sales industry and retail/services. Florida's a growing place and it's been fun for everyone involved.



And, the Yankees survived Carl Pavano's Opening Day start while Shill was pounded by KC. Nice to be 1 game up already.



-Shawn









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Tuesday, March 27, 2007

Rapid Networking

Networking... meeting of the minds or just knocking heads together?



I attended the first of many speed networking events this afternoon. It was in college Park, Orlando and was packed (50+) attendees. Mostly small business owners, many real-estate related companies including mortgage brokers, title companies, etc. Some larger companies (Verizon, etc) but more often than not everyone there was a SBO/SB Marketer.



After the lunch (which was full of onions) and then fighting through the unbearable din of all the concurrent conversations, it was a productive afternoon. We picked up a number of promising leads as well as a few potential partners, wherein our existing partnership model will provide added benefits to them at a bearable expense.



On a very important side note: never, EVER server onions or heavily spiced foods at networking events. By the end of the afternoon, many attendees weren't even bothering to hide their burps--nothing like making a good impression on potentials.









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Monday, March 26, 2007

Quick and Easy Business Call - Or How I learned to Love Comm. Services

We're at a slightly interesting juncture. Some of our

hardware is 3-6 months away from the terminal phase of its existance.

I'm talking about you--servers, networking great and that old

standby--the first SAN. Normally, we'd start the purchasing process

about now--laying out specs and expected usage requirements for the

next 3 years, then following up with quotes from some of our favorite

(reliable) vendors.



But this time it's different.



Now, it's actually less expensive to outsource our entire hosting

operation--basically co-lo'ing VPS' from any of the number of

world-wide advanced hosting providers. 3 years ago, when we went

through out previous major purchasing cycle, we were stuck. To run the

systems that we needed, we were forced to purchase our own hardware,

purchase our own server licenses, pay to locate our equipment in a

Tier-1 facility, pay for bandwidth and maintain the hardware our selves

or pay an additional hardware support contract. Now, for 30% less than

our current co-lo bill, we can outsource our entire hosting operation

while still maintaining 100% control of the servers and the

applications (no sharing with anyone else). In addition, the bandwidth

available at that price is greater than what's being offered through

most co-lo's now PLUS the monthly bill includes automated backups (we

used to run them ourselves), 100% hardware maintenance, all server

licenses, 99.9999% uptime and increased SAN space.



So, for a 30% price drop, we can improve our reliability, improve

our operational procedures AND cut a huge chunk of our maintenance

budget? Ah, tell me again why the constant growth and the rapid

evolution fostered by the tech businesses is a bad thing.







--Shawn



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Wednesday, March 21, 2007

New Blog - Same Message

La plus ca change, la plus ca meme ne chose. The more things change, the more they change. Opening the office center in Orlando has been a huge boost to RTBS, offering us good weather, good growth and good partners. Our marketing strategy of promoting the Marketing Pillar has paid dividends and our Corporate Strategic Management Division is getting off the ground with the expected rapid growth and customer acquisition.

Of course, there are always the day-to-day issues. Hardware in 2 locations that needs to be maintained. Customers now all along the East Coast. Suppliers, contractors, staff located everywhere. But operations are running smoothly. We've replaced our weekly in-person staff meetings with video conferences and whiteboard sessions. Our customers haven't reported a hitch as 98% of all post-sale interactions are handled over the phone. The largest hiccup came when we had to force a reset for our whitehat registrations with the major ISPs and when we tried to use Skype for out telephone services. The ISP issues were quickly fixed.

Skype, on the other hand failed to live up to real-time availability requirements and was dumped for Vonage.



There's always a fine line between putting too much business information in a public message and not enough. For the next few months, we will maintain the policy of 'if it's interesting, put it in, if it's detailed business info, leave it out.'



Gotta run!

-Shawn







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