Is your business on course?

How’s your business doing? Do you know what’s missing? Start to find your way by answering a few questions and using tools that are focused on your goals.

First Looks Forum eye-opener for a first-time entrepreneur!

It was a great experience meeting and talking with SXSW Interactive Festival director Hugh Forrest

I’m taking a different approach towards starting up my own self-sustaining business. What long-time and successful business owners were able to offer me, a musician by trade, at the Business Success Center (BSC) and Texas Entrepreneurs Networks (TEN) First Looks Forum in October was an eye opener.

I compose, perform, teach and am currently a student at the University of Texas, and am also about to graduate soon. I have a tough time balancing the aforementioned and trying to get higher paying gigs. [Read more...]

3 Ways Business Grants Have Changed for Good & 3 Ways to Prepare

Look out world, here it comes. You read it here first. After a “gazillion” years of how business grants work, the world  has changed. Maybe for good!

Who did it? Chase Bank and LivingSocial. (In full disclosure we are going after this grant. We want to use the money  to take our Owners MBA™ for existing business online, add ebooks, apps, and include special segments for veterans, rural business owners, and owners who are disabled. We also want to create an owners community as we did for our Entrepreneurs’ Association in the 1990′s.)

Why did they do it? It depends on whom you ask.

What’s different? [Read more...]

What’s wrong with networking meetings?

Get your meeting in better order for everyone. Photo by mrbill from flickr.com

 

 

 

What’s wrong with networking meetings? It’s the same thing that’s wrong with most business meetings. Organizers and hosts take things for granted.

These meetings leave the impression that…

  1. Everyone who should know everyone already does.
  2. It’s obvious how our meeting works and if you don’t get it, too bad.
  3. People with different tastes just shouldn’t eat with us.
  4. If you can’t find us, not our problem.
  5. We’re glad you came, but we don’t really care if you had a good time or come back.

The prevalence of these really makes me hate to go to meetings. The worst offenders are the ones that call themselves “networking” meetings. I wrote A Networker’s Guide to Success. I know what networking can and should be. [Read more...]

Business Pride is Good to Celebrate

Teach a young man to fish to empower him.                            Photo from:.flickr.com/photos/linsight/

Business pride is not a bad thing. I hope that you have pride in your business.

In April, I will receive the 2012 Career Achievement award from my undergraduate college, Mary Baldwin College, in Staunton, Virginia. One of the questions they asked me was what was I proudest of in my career.

It’s a great question and complex for me to answer. The short answer is the business I built with my husband. This year our business and our marriage celebrate 30 years. That’s a big payoff. I have a lot of business pride in what we’ve lived through and built together. As you begin another year in business, celebrate it with pride. You deserve it. [Read more...]

Want a Mentor? Look around you.

Business Success Center prospects tell us in their initial meeting they want a “Mentor” to advise and guide them to solve a specific problem or achieve a specific goal.

I completely understand. I’ve had several wonderful mentors. My godmother, Northwestern University professor Alvina Krause, had “teas”. At these salons, I learned the fine art of  conversation. My grandmother taught me the importance of family. My mother  helped me find my voice and be comfortable being myself. She always said, “We grew up together”. Maybe so, but she was my guide.

There were important male mentors, too. My brother Bill (aka WC Triplett, II) has worked for Presidents and Senators, Tibet and Tienanmen, written best sellers and significant treaties. He showed me how important it is to get involved. Ed Van De Vort gave me confidence because he believed everyone was capable. [Read more...]

Why Go for Platinum Profile Customers™

Proud to be green. Here’s my paperless slide presentation, “Does Your Business Need Glasses”,  from RISE Austin 2010. It presents what we believe is a better way to get better sales by using niche marketing that focuses on Platinum Profile Customers™. The goal of this system is to  make positioning, pricing, and sales procedures more approachable for independent businesses.

The slide presentation also includes details on the Business Success Center’s sales process that all customers go through, the “Buyer’s Purchasing Continuum™”. The Continuum starts with their decision to look for something to meet their needs and desires.  After a few steps, they buy. But, it doesn’t end there. The last step occurs after they buy when they either rejoice about their decision or experience buyer’s remorse. Knowing exactly how your Platinum Profile Customers™ do this allows you to focus your sales and marketing efforts.

Small business owners and entrepreneurs will want to follow the prioritized action items suggested. These will help avoid mistakes and expand sales opportunities. This is primarily of value to those already in business although it has ideas that startups can incorporate.

Using these ideas results in:

  • Better sales and lower costs
  • Collateral is more effective
  • Shorter sales cycle [Read more...]