Category Archives: Entrepreneur

INFOGRAPHIC: Late Bloomers Who Succeeded Despite Their Age

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3 Ways to Become a Better Speaker

Entrepreneurs need to have a big skill set. You’re going to be running a business, with employees and investors and your own furniture and office space. You may not have to be an expert in all areas of entrepreneurship, but you should definitely hone your business skills before you get started. You’re going to be up in front of people, pitching, motivating, and explaining.

Here are our three ways to become a better speaker:

1. Ask a question that can’t be answered

Asking the audience a question can sometimes be a cheap gimmick. Is your audience supposed to yell out the answer? Are you going to answer your own question if they just wait? Who is this person and why do they want this information? But, if you ask an unanswerable question and admit you also don’t have the answer, it makes you more human. And, it might help you get your point across if you are seeking to answer the unanswerable.

2. Pause

The timing of pauses is an art form. If a pause is too short, it seems like you forgot something. Holding a pause for a long time shows it was intentional. Stop talking and hold that pause. It will make people pay attention. If they were distracted, you’ll reel them back in. It also gives you a bonus air of confidence.

3. You don’t have to always be closing

 Not every speech or talk you make is a sale. Of course, when you’re pitching, that’s a different story, but even then, you don’t have to be dragging the conversation by the nose back to your product. Before you get into your sales pitch, make a different point. Find a human connection. If people like you as a person, they’ll probably like you as a business. Getting the sale isn’t the only thing in the world. It’s good to remember that every once in awhile.

What are your tips on becoming a better speaker? Share in the comments below!

Inspiration: What Does It Cost to Run a Startup? via Staff.com [INFOGRAPHIC]

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4 Things to Remember When Writing a Business Plan

You need to write a business plan before you get started with your business. It’s not just a document to pitch your idea to investors. It’s a way you get set goals and PLAN for the running of your business (funny how that works, isn’t it?). If you’ve never written a business plan or you’ve written three dozen, here are our 4 tips to remember when you write your business plan.

1. Cut the fluff

Remember when you were in high school and had to make that 5 page count? Remember how you pulled out the thesaurus and made every word as long as possible just to make the requirement? Even if you didn’t, somewhere in your past, you are guilty of pumping a paper with fluff. Be concise. Get to the point.

Plus, any potential investor will see through the fluff anyway. Don’t make them hunt through the clutter.

2. Be realistic

We all know that you have great expectations for your business. Great expectations don’t belong in your business plan. You need realistic expectations. I’m not trying to knock you off cloud 9, but if you’re putting your plan in front of potential investors, they’re going to want to see something plausible. Don’t try to sugar coat your numbers. If a realistic business plan looks like a mess, maybe you need to rethink how you’re organizing your company.

3. Break the template

It’s easy to go online, find a nice business plan template and fill in the blanks.

Don’t.

It’s okay to start with a template, but at some point, you need to incorporate some aspect of what makes you, your company, and your brand unique. Find a way to get that unique feel without pumping your plan with fluff.

4. Do your research

When you have the next big idea, you’re excited and want things to get moving. Don’t just jump into a business plan without doing your research. What are other people in your market doing? What do their numbers look like? What’s their business model? Another thing you can benefit from is looking to similar businesses that have failed. What did they do wrong? How do you plan to tackle the same monsters that defeated them? Even if answering all these questions doesn’t fit in a business plan, it’s still a good thing to know.

What are your business plan tips? What are things you would avoid? Share in the comments!

5 Apps for Entrepreneurs

It‘s here. The iPhone 6 (and bendable iPhone 6 Plus!) are taking the world by storm. Now that you have the hardware upgrade, it’s time to bring your apps up to date. Here are our top 5 apps for entrepreneurs.

1. TrackMaven

TrackMaven lets you monitor your competition. TrackMaven analyzes the data from your marketing content. It also lets you analyze your competitors marketing efforts. This helps you identify what you customers (or competitors customers) are looking for. You can this use the data to better target your audience.

2. Free Wi-fi Finder

That’s right. And app that finds free wi-fi. You never know when you’re going to need a strong, fast, reliable connection, so be prepared.

3. Uber

Sure, there’s been a lot of talk about Uber lately. Will the government shut them down? Well, we’re not sure yet, but while it’s still legal, you should make use of it. Whether you’re visiting a city or you live in one, Uber is a reliable way to get around. Don’t ever hail a cab again.

4. Mint

Where’s the money going? Mint helps you keep track of your personal finances. As an entrepreneur, you want to keep an eye on your cash flow. Mint can pull in all your data from bank statements to auto insurance and mortgage costs. You can also monitor your investments.

5. Unroll.me

Unroll.me is an app for your email. It lets you target all the junk and get rid of it in one click. Not only does it delete the emails, it also gives you the option of unsubscribing without having to go through all the rigamarole that unsubscribing requires. So, if you’re tired of hearing about every sale that Yankee Candle has, Unroll.me is for you.

Bonus!

There’s a bonus! It’s not really an app, but here it is:

An external phone charger.

While cell phone battery life is improving with each new phone, as an entrepreneur, you probably spend more time on the phone than most people. An external phone charger, when charged, should hold at least another 50% of battery life for your cell. Some hold even more than that. Plus, they’re usually around $20, so it won’t break the bank.

What are your essential apps for entrepreneurs? Share in the comments!

Interview: Shane Mac, author of Stop with the BS

Shane Mac is the Director of Product at Zaarly.shane

He’s been featured in The New York Times, Reuters, U.S. News and World and many other press publications discussing new and disruptive ways to get hired. He’s the author of Stop with the BS.

Click here to listen to Shane’s interview. Read the rest of this entry

4 Business Expenses You Can Reduce Today

pennyBusiness expenses can get out of hand quickly. Sometimes, you forget to budget for things that can add up. We’re here to tell you what four business expenses you can reduce today.

1. Energy costs

Do you work in an office? How old is it? When was the last time the insulation was updated? Do you turn all the lights off when you leave?

As a Texas based company, we know that you can’t get much work done in the heat. But, if you use heating or air-conditioning in your office, you should make sure your air-conditioning and heating units don’t have to work as hard when no one’s there. Turn the thermostat up or down when you leave and adjust it again in the morning when you get it. Make sure you turn off computers and lights when you leave. And, if you’re just starting out an office, think of investing in  energy saving equipment, like more efficient monitors, modems, and even light bulbs.

2. Payroll

As an entrepreneur, you are working with a limited budget. Before you go out and start hiring employees, take a look at the projects you want those employees to handle. Are they all permanent or long term? If not, you might want to hire out on contract rather than having a permanent employee.

3. Research

Small businesses and entrepreneurs get a whole range of tax breaks, deductions, and benefits. We’ve mentioned some on this blog, like hiring your children. But, think about all the business expenses you incur, like travel, or business lunches, or conference fees. Are you making sure those are all reflected in your taxes? Take some time to research the benefits available to you and make sure you’re taking full advantage.

4. Shop around

If you find that you are in need of something for the office, don’t settle on the first price you find. If you’re looking for something like office furniture, you can always buy secondhand. If you need a modem or router, check more than one retailer. With the Internet, it’s easier than ever. You can also look for places that offer small business rewards programs or discounts.

What are some ways you save money around the office? What’s your biggest business expense you forgot to budget for? Share in the comments!

Interview: Christine White, marketing specialist of Infratel and MightyCall

Christine White, marketing specialist at Infratel, talks about MightyCall.

Listen to Chrstine’s interview here. Read the rest of this entry

5 Ways to Drive Traffic to Your Website

We all want more traffic. Especially if you’re an online business. There are plenty of ways to encourage people to come to your website. How many are you doing?

1. Get an email with your domain.

Websites cost money. They cost money to register, they cost money to build, and, sometimes they cost money to maintain. On GoDaddy, you get an email address when you register your domain. So, use it. When you send an email from yourname@yourdomain, your getting your web address out there with every email.

2. Encourage your friends to like and share.

When people like and share your website and content on social media, it becomes more visible on those social sites. And, the more fans you have on your page, the more people will see your content. Think about asking your friends to like and share before you start paying Facebook to boost your post.

3. Pay Facebook to boost your post.

Consider it part of your marketing budget. It may not work 100%, but it will get your content out there. Also, it allows you to pick the audience you want to see your content. Don’t disregard it as a money grab.

4. Email signature

Just like putting your domain name in your email address, you can also put it in your email signature. This helps your exposure, making sure people see your website address twice every email. They just might click through.

5. Tell the social media world where you work.

On your personal Facebook page, tell everyone where you work. There is a spot on Facebook where you can put your Education and Work. You can also put a domain name in your Twitter description. Make sure you have a LinkedIn company profile page that people can click on. Better yet, share your content on LinkedIn just like you would on other social sites. It might not seem like it encourages that behavior, but it’s actually a good place for driving traffic.

How do you drive traffic to your website? What are some things that you’ve tried and have failed? Share in the comments below!

Inspiration: 15 Tools Every Entrepreneur Should Have [INFOGRAPHIC]

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