The importance of creating a brand that sticks in the minds of your target market is obvious to people in stable businesses.  When the market paradigm shifts or a part of a product line is discontinued, it has potential to kill the brand.  Campaigns to create and obtain market share for a new brand can be very expensive so leveraging the investment you’ve already made in your branding strategy is economical and important, especially these days. 

When Volkswagen introduced themselves in the USA in 1949, only 2 vehicles sold.  By the end of 1955, the manufacturer had firmly established their presence in the United States. I’m not sure if it was the marketing experts or the public who created the “slug a bug” attachment to the vehicle but I certainly remember playing the game with my sister in the back seat of our family car.  I also remember my mother complaining about the odd appearance of the VW Beetle. 

Slug-a-Bug!

Lately, Volkswagen has been weaving this childhood game into their marketing campaign.  The inference of the new spin, however, is that the vehicle is moving so quickly that the onlooker who has been “slugged” didn’t see it.  This is brilliant! 

A brand can be established using imagery, colors, sounds or words.  Most times, it is a combination of some or all of these things. If a brand becomes “stale” or the marketing message has gotten muddied by exterior influences, like competition or economic constraints, it may become necessary to revitalize the brand to elevate awareness and increase market share.  Clever tactics for brand stabilization or revitalization are not accidents. 

Whether your business is small or large, there are a series of rules that must be followed steps that must be followed to accomplish the task of brand revitalization. 

Refocus

This step begins by evaluating the market that you are pursuing and redefining the purpose and goals of the company and the brand.  Every member of the organization must aspire that message in their work and the communication from the company to the market must consistently reiterate the new goals. 

Your message should succinctly state that purpose and be easy for consumers to remember.  Consider the branding strategy that AT&T is currently using for their wireless campaigns.  They want consumers to know that, using their technology, anything is possible.  This is a good message.  It conveys freedom and choice, something that is dear to all our hearts. 

Relevance

Since the promise of a brand is what leads to consumer interest and loyalty, it must clearly and accurately convey what consumers can expect to experience every time they choose your product or service and how that is different from the competition. 

As a business owner or executive, you must decide where you want to be and how you will get there.  You must understand the criteria your market uses to make purchasing choices in your niche.   You must also have an awareness about why people are choosing your competition’s products or services over yours. If you’ve lost market share due to global factors, your task is to repurpose the brand so you can keep your product or service viable. 

Reinvent

This is where action comes into play.  The active components of any market are people, product, price, place and promotion. 

Revitalizing a brand must begin with the people INSIDE your organization.  Every member of the company must feel committed to the new branding strategy if you hope to influence future success. 

Products and services are tangible evidence of the brand promise.  Reinventing a brand image involves innovation of your products and renovation of services that support it.  This requires investment of resources and  and the talent of your organization. 

Consider the variances you have witnessed with everyday use products like skin care, laundry detergent, or toothpaste.  With the rise of economical concerns, laundry products began to promote the fact that you could wash more clothes with less detergent.  Personal care products,like toothpaste, introduced and now promote their ability to make your teeth whiter.  Neutrogena has recently introduced a brand revitalization campaign that reminds women that they trusted the product as teenagers and should continue to use it to keep their skin looking young.  This is very clever… 

Pricing is part of this phase of brand revitalization.  If there is a way to re-package your product or service offerings in a way to grab more market share, you will have expanded your revenue stream without having to develop new products.  McDonald’s implemented this strategy with their Dollar Menu items. 

Inclusive in this phase of brand revitalization is the promotion aspect.  Your brand’s “face” is its place.  Whether the product resides on a store shelf or online, each time it is found, it must be easily recognized.  Packaging, colors, images, and sounds are all part of what makes your brand image memorable.  Promoting and maintaining the non-verbal aspects of your brand image are important, especially in a global environment where language differs. 

Results

It isn’t an obsession, exactly, but measuring results is a topic that you’ll find me referencing consistently.  The entire point of change is to realize progress and, if you are not measuring the results of your brand revitalization campaign, you have no way to see if your efforts are enhancing your bottom line. 

If your organization has staff, ensure that they are engaged in the results orientation efforts.  Stress the importance of bringing the brand to life for your market, especially if your employees are “on the front lines” and dealing with your customers individually. 

Rebuild Trust

Expanded access to information has heightened consumer awareness, and there are many reasons for them to feel distrustful.  Your brand must acknowledge the social imperatives that drive consumers during their purchase decisions.  Speak to their concerns about ecological matters, privacy concerns, or false claims.  Re-establish their confidence by engaging in local activities and events that are not profit oriented and by being open and honest about all of your business affairs. 

Realize Globally

Distill your brand revitalization strategy to a single document that is capable of expanding globally.  Make this resource readily available to your staff and your customers, along with the desired goals of your brand revitalization strategies.  If you have a brick and mortars presence, clientele will see that you are walking your talk by the experience they have as they are interacting with you professionally. 

Leadership Required

Creativity is essential, but  the new brand vision and positive momentum is a result of committed leaders who are capable of providing clear direction and maintaining priorities.  The brand message must be consistent, whether you are interacting with the board room,  investors, employees, or consumers.  Trust your instincts, by all means, but remember that you ARE the personification of the brand you seek to revitalize.

Normally, we associate creativity with artists who apply their craft in written communications, visual arts, or music.  But, if we strictly define creativity as artistic talent, we fail to appreciate how it is involved in the apparently mundane aspects of our lives.  That is really a shame, for nothing of life is truly mundane. 

An acceptable definition for creativity is having the ability to find solutions where none are apparent.  This is often seen with children who are learning something new.  Less obvious are the toiling movers who manage to fit your heirloom dining room table through a narrow hallway without destroying the furniture or the walls, which is certainly admirable. 

In business, creativity is characterized as thinking outside the box, creative problem solving, and maybe even critical thinking.  Has your business creativity ever been stifled by colleagues or clients?  Have you ever inadvertently stifled them?  There are so many ways this can happen, and this article exposes a few of them. 

You Want it When?

During my corporate days, I had an image of a person beneath a thumbscrew with a caption that read: 

Turn it again you SOB!  I work well under pressure!

The poster was irreverent and got many laughs but there really was no truth in it.  The fact of the matter is, people don’t perform as creatively when severe deadlines are imposed.  While the tasks may be completed on time and satisfactorily, there is kind of a hangover after the fact for those involved that can literally immobilize them for days after the effort is over. 

Time pressure disrupts one’s ability to fully engage themselves in the solution.  True creativity requires an incubation period.  In my business, premium rates are applied to “rush” projects for good reason.  When we come to terms on delivery dates and pricing, another dark side can be introduced by anxious people.  Folks who are in a panic with a high need to feel in control can upset the creative flow with interruptions.  To avoid this possible problem, I’ve learned to suggest a date in advance for status updates. 

Please Put Your Weapons Away

With morbid fascination, I’ve observed threats that some people have  imposed in an effort to inspire.  This was more or less a daily fact of life on the job in the information technology industry.  As a Realtor®, a client’s posturing that they would withdraw their listings didn’t motivate me to change anything about the marketing plan we had agreed to at the time we wrote our contract and the listing still sold within the pricing and terms we had set forth at that time. 

These days, as an internet entrepreneur, oppressive behavior serves as a signal that it might be time to fire the client.  Proceeding with people whose projects are fraught with self-serving drama is rarely worth the effort involved in their high maintenance, although some empathy and discussion can sometimes alleviate the  problem.  Yet, if someone wants to be a unhappy, they want to be unhappy and it is never worth entering into a battle of wills.  Let them be right and move on. 

If we enjoy what we’re doing, getting out of bed in the morning is never a chore.  Happy liaisons are not only much more fun.  Working with joyful people induces higher creativity for everyone involved. 

Roles and Responsibilities

Casting a stereotype, based a limited perception about the skills involved in that role, can be limiting for the individual contributor and dangerous for the type-caster.  Consider your bookkeeper, for example.  The joke associated with creative financing is well known to us all but, when your accountant suggests a financing solution that you’ve never heard of before and it helps you to forward a business goal, their creativity is a huge asset to your business. 

Financial Incentives May Not Be The Answer

A study on business creativity suggested that tying compensation to overall team results isn’t necessarily the ticket for inducing higher creativity OR better solutions.  In fact, the study’s results demonstrated that people who were focused on bonuses were less productive than those who worked for the love of the effort. 

Although there is a somewhat common belief that people will work harder if they are rewarded through performance incentives, concerns about negative compensation effects lead people to risk aversion, which ultimately affects creativity.  Ranging outside the norms of what is imagined is an outcome of being truly interested in the effort at hand, knowing that it’s OK to try anything that has potential to work, and believing that one’s suggestions are taken seriously and that their contributions are valued. 

How this Relates to VirtuallyMarj.com

As a Wordpress website designer,  the truth in the tagline at Codex is not lost on me.  Even though most people will never truly appreciate the elegance of some of the code they use, which the tagline describes as poetry, one’s ability to envision and develop it certainly requires a special sort of creativity. 

Personally, I get much more satisfaction out of consulting with clients, who have come to me for help with their marketing and branding strategies, and seeing the light bulb illuminate.  This happens when our discussions unearth something about their pursuits that is not obvious to them because they are too close to the proverbial forest to see the trees.  That is fun! 

Right Brained or Left Brained … Does It Matter to Creativity?

Our right brains influence our creativity, so science says.  Here’s a place for you to take a test, if knowing your brain’s preference is important to you.

I’ve known remarkably creative people whose claim to fame was clearly left brained.  The most renowned example is a former real estate client and friend of mine, Leo Hurwicz, who achieved Nobel Laureate status for his Economics Theory at the age of 90.  It was a privilege to know him and and memories of our talks are truly treasures for me. 

His special skill was mathematics, which is clearly left-brained and analytical.  Yet, his creativity allowed him to see beyond the equations and develop a theory that explained financial markets and ultimately garnered world-wide recognition. 

So, the moral of the story is to not hold yourself back if you are left-brained by nature.  Creativity is the product of what you believe is possible for you to do and it is nurtured by an environment where your ideas can expand to reality … regardless of your brain’s bias or your assigned role.

We’ve all been taught to avoid the truth if we fear that our news has potential to upset someone whom we like and respect, but being honest about your feelings doesn’t mean that you have to be tactless. If we understand and appreciate that everyone has varying degrees of skill with regard to handling feedback, and that they aren’t always in control of their emotional responses, there’s always a way to talk over any issue and reach a reasonable compromise.

Honesty is the best policy and, in my humble opinion, a lie by omission causes the most harm. The world would be a much better place if everyone was capable of directly confronting differences of opinion and, if these cannot be reconciled, choosing to disagree without the having the discussion escalate to an argument or parting of ways. Over time, I’ve decided that the culprit impeding this outcome is ego … and egos can be so demanding of respect!

So what can you do if you know you’re onto something and your ideas are repeatedly ignored by your business associates? Do you give up and become resentful or do you try to find another way to get your point across to them?

You can’t cross the sea merely by standing and staring at the water. Don’t let yourself indulge in vain wishes. ~ Rabindranath Tagore (1861 – 1941)

In any business, risk is necessary but risks should always be meticulously researched and measured against your assumptions before making a change. Consider carefully whether or not your idea is too great of a leap to be considered at this time but, by all means, don’t give it up if you strongly feel it can work better than the track you are currently on. With just a little more thought, you may find a way to redesign your proposal that seems less risky to your associates. 

Only a fool tests the depth of the water with both feet. ~ African Proverb

Because the river moves around it, a rock appears to be stronger but physics have proven that moving water will prevail and keep its own course over time. After many attempts to dictate the route of the Mississippi River, The Army Corps of Engineers have learned that the river knows its own way and serves no man.

In the confrontation between the stream and the rock, the stream always wins – not through strength, but through persistence.- Anonymous

Although the process that makes water stronger than a rock is erosion, we aren’t disempowering anyone by gently persisting about something that we know, in our hearts, is a better way to go. There are people who will not pursue any idea that they don’t feel is their own. With theses sorts of personalities, planting the seed of your idea and waiting for them to embrace it as their own usually does the trick, however, it does require that you don’t have a need to be recognized for it. Giving the idea to your business associates from the onset with phrasing like, “Have you considered …”, is an extremely non-confrontational assertion and somewhat of a subliminal command to for them to at least think about your recommendation.

Bodies of water also give us another metaphor for our business relationships. Many rivers open up to the sea but the sea is its own force and returns tides to the rivers. The mixture of salt and fresh water produces a brackish habitat where creatures from both worlds can adapt and thrive. Using this metaphor, when your original idea is improved upon through your business colleagues’ consideration, blending thoughts can result in a better plan and those who are capable of adapting can prosper more.

So it all seems to come down to being open and honest to learning and not being attached to the outcomes of your suggestions, doesn’t it? If we can keep our demanding egos out of the way, forward progress is always an option. Whether the progress is a business idea or a shift in how you interact with your associates, a positive change of direction is normally a sign of growth.

We all know there are times when it is necessary to have a conversation that has potential to become awkward. If you are a good communicator, you can usually find a way to avoid arguments but there are times when the only option available is to agree to disagree. If you are capable of speaking your mind, in spite of any fears, and managing your emotional response to having your ideas rejected, you’ve risen above the constraints that your ego can create.

If you are using Wordpress as a basis for your business website, you’ll expose yourself as a newbie, possibly open yourself to online security risks, and lose potential SEO benefits the software provides if you don’t take time to learn how it works. While it is true that installing Wordpress is simple, setting it up correctly contributes to your website’s success, which also has an impact on your business success.

We’re talking business here, right? I do acknowledge that there are many extremely successful bloggers who established blogs on free sites, like Blogger, before Wordpress came of age. These days, sites like that are most useful in your SEO linking strategy and should NOT be the base for your primary website. This is also true of Wordpress.com, another free blogging platform.

For starters, free blogging sites offer limited theme and plugin options. The most important for you to understand about them, however, is that they own your content and can arbitrarily take your website down at any time. While “free” may sound good to you, building SEO for a website is actual time spent, whether you outsource the work or not. Why in the world would you choose to invest that much energy on a domain and content that you do not have complete control over? It boggles my mind…

Hire an Expert Wordpress Developer

So here you are. You have a great business idea and you know you need a website to make it happen.  Everyone is saying that Wordpress is what you should use too. You’ve found a lot of helpful and free articles on the internet explaining how to install and set it up so why would you want to hire someone to do this for you?

Based on stories I’ve heard from my clients and some of the projects that I’ve been asked to finish, I can think of several reasons. Primarily, they come under the heading of insufficient technical skills or a lack of understanding about how computers and database applications work. If you don’t understand the underlying technologies of your Wordpress software, you can get into trouble which can affect your business plans.

Other things that make it easy to spot a newbie include:

Lack of Focus
Have you ever visited a site with frequent and unrelated posts designed to bring in affiliate sales? Offering too many different things or choosing too broad a niche can make your website invisible. Up-front keyword research, to isolate low competition keywords with adequate search volumes, is essential to your website’s success, whether your products are affiliate offerings or your own content, like an eBook.

Having Too Many Pages
While every place you go on the internet is considered a web page, Wordpress uses the term pages differently. When I wind up at a site where the majority of the content is pages, I know that the site was created by an inexperienced Wordpress user. The beauty of Wordpress is that it notifies search engines automatically when post content is updated.

Default Installation Content on the Site
Another dead giveaway is seeing the default installation content, like the blogroll or the standard meta login. Worse yet is spotting the “Hello World” post or the default about page on the site.

Categories
Visiting a Wordpress site with nothing categorized is a tell-tale sign of a newbie blog. So far as I’m concerned, no content should exist in the “uncategorized” category.

Cross-Browser Inconsistencies
Although I’ve been tempted, I’ve never published a site with a “best viewed in …” message on it. Without inflaming the debate about which browser is better, and taking the high road, assume that you should not enforce the use of one browser over another. Over the past several years, I have learned that not all themes are created equal and solid CSS skills, as well as knowing what to look for in the theme, are necessary to resolve browser incompatibility.

After a free consultation, people often say that they can put up their own sites. After weeks of trying, some have come back to retain my Wordpress website development services.

Our blogs are intended to present us as professionals. The best advice that I can offer to you is that, if you are not technically adept, hire a professional who can deliver the website you want and help you learn what you need to know so you can build your online reputation and add value to your bottom line.

Personally, I find it enjoyable when something occurs that seems synchronous to events in present time. The other night, such an event occurred. While rifling through papers in my desk drawer, an old fortune from a fortune cookie surfaced. It read:

One’s mind, once stretched by a new idea, never regains its original dimensions.

Not only is this synchronous, it also is quite profound in its simple truth. Once we are introduced to a something new, and the idea takes root in our minds and inspires us, it is virtually impossible to operate as we did before we made our important discovery. Our eager minds pursue the idea and follow it through permutations and twists in the road. Through every turn, the core substance of the idea remains solid and the starting point to which you always will return, should you find a need to adjust your strategy.

Take Internet Marketing, for example. A few years ago, I decided that I would get income through online means. In pursuit of that vision, I began subscribing to newsletters and purchasing products that would teach me more about what people were doing online. Some of the methods that I evaluated are not ones that I use or would recommend but knowing what not to do is almost as important as knowing what to do, isn’t it? Due to my interest and attention, I am able to spot trends and, when it comes to opportunity offers, I have a pretty good system for separating the wheat from the chaff.

As I put my own business plan into motion, it became obvious that my time spent learning about internet marketing was extremely helpful to people who retained my services for Online Branding and wanted to get income online. Although my primary source of income is still from my consulting services, the fact that I am personally involved with my customers doesn’t imply that I am not an internet marketer. I source all of my business through Web 2.0 methods and enjoy working with people.  And, the best part is that my business is totally portable!

My mind was stretched by this self-induced learning. When I approach a potential business liaison or client, it is nearly impossible for me to talk merely about traditional means of sourcing new business. When I set up ecommerce websites, for instance, I make recommendations beyond layout, technology, and graphics. My degree is in business and that knowledge, coupled with the education I’ve received through personal learning, are assets to any project that I undertake and I’ve heard this repeatedly from my customers.

All things being equal, anyone who has a business website is an internet marketer. Here is the caveat; The prettiest site in the world cannot manufacture new business and cash flow. If you haven’t done so already, it would serve you well to either learn about, or retain the services of someone who knows about techniques that will improve your website’s visibility through Web 2.0 techniques that drive targeted traffic, as well as performing the time-consuming SEO methods that will get it listed and ranked by search engines. If you are in business and have no website, you are missing an incredible opportunity. Personally, I feel that it is sheer folly to be in business without a website. It is statistically proven that people look online prior to making any purchase decision.

Even though this is not business related, our minds can also be stretched by ideas that present themselves in everyday life. The ingenuity of a child who is working out a difficult “engineering” problem related to the sand castle they are building at the beach is a good example. It is not an unimportant side note to remind you to take time to relax your mind so as to re-charge your creative juices.  If we are fortunate, we retain our sense of awe about things that are remarkable and have nothing to do with making money, like watching swallows soaring high above us or witnessing the oceans that undulate through forces unseen. At times when you need to restore yourself, it is good to have easy access to those things that opened your mind as a child.

At a recent networking meeting, the presenter included bullet items of methods they used to enhance their business lead generation on their slide presentation. One of the items on the list was to watch TV. This is a tactic they use to become part of the social conversation.

As counter-intuitive as it may seem, watching television during prime time hours is not strictly a waste of productive time. Your prospects and customers watch TV. While they are going about their daily lives, they chat with others about what they’ve seen. Some even look up information on the internet during or following a program. Why not leverage these facts to build your business?

Established companies in all vertical markets are able to invest in television advertising and those ads can give budding entrepreneurs great information about consumer interests, and possibly new ideas for how they might create a product for their own business. Most of us are aware that prime time advertising comes at a premium price. If you have already identified your niche market, tune in when those programs are airing to find out what is being advertised and how those campaigns are structured. If you haven’t identified your niche, sample prime time programs on various stations to gain an understanding about what is being marketed to various segments.

Let’s take some obvious examples. Identity theft is perceived as a huge problem with the expansion of the internet for shopping and record keeping. Banks and credit unions advertise their security while also promoting their ease of use. Credit repair affects younger people. The clever ads with the minstrels at the Renaissance Fair, on a roller coaster, or leaving the car lot in a clunker make this crystal clear. With the growing population of Baby Boomers in their 50s, who are trying to avoid aging or pain, advertisements for potions and pills which answer these concerns are prevalent during dramas and documentaries.

To become part of “the conversation” for your market niche, your content could leverage titles for popular television shows, either in your product name or articles you are publishing. About a year ago, this theory was validated by writing an article about Big Foot when the creature was a hot topic in the news. It works.

Maybe you really hate the thought of watching television. If so, you can visit your local magazine rack and buy periodicals targeting various niches to see what is advertised within. From inserts to smaller text ads, clues about the interests of that niche will come clearer. You can also take a stab at finding websites which target market segments but the relevance of Google Ads is based upon on page content and not actually a good predictor of visitor interests, especially if the content is free.

The upshot of this post is no revelation to some but it may be the missing puzzle piece the causes things to come together for another. As always, I conclude with a friendly remainder to perform due diligence on any business decision you make and, if this bears out, have some sort of market plan to guide your movement forward into the fast lane.

Flash forwards are used in movies to interrupt the continuity of the story line through the narration or portrayal of some future episode.  If we liken our mental gymnastics to a movie or play, our daydreams are nothing other than flash forwards.  

Similar to the great new TV series on ABC, some of our imagined scripts are pleasant and some are less so.  Either way, the film director in our minds has set the stage and played out events that are expected, projected or imagined to occur in the future.  The polar opposite of a flash forward is a flashback, which are the stories that have occurred in our pasts that we use to guide our judgments.

Finding success takes much more than positive thinking and watching training videos.  All that we take in is supposed to be applied.  Measuring our success against another person’s can cause us to stall in our forward progress.  For example, if one of our colleagues has tried out a program and made good income in a minimal amount of time and our attempts do not produce a similar or greater amount as quickly using their same methods, we can easily talk ourselves out of proceeding with our plans.  That doesn’t mean it didn’t work.  It means that those methods used by your colleague do not work for you.

In the movie Hitch, perseverance is defined as continuing with a course of action without regard to discouragement, opposition, or previous disappointment.  Man!  Does that ever describe the mindset needed to effect change in your business or in your life but let’s stick to business.  Like kissing frogs to find a prince, programs that we try can manifest what we are looking for … or not.  Using the proverbial “cup is half full” viewpoint, we must be adaptable and take things in stride, fully aware that each one has taught us something that we can leverage down the road.  Eventually one will be “the answer” or spark a brand new idea that cannot be quashed by anyone or anything.

So what if your idea isn’t unique?  If the information or product isn’t readily available for free, you have found something you can monetize.  Pining over worries that your new idea will not be as popular as a similar one you have heard of or tried is a flash forward can keep you from innovating something even better.  Clairfy your thoughts, jot down your idea, conduct your market research and, if the results of your findings reveal a niche market that you can go after and hope to dominate, continue by defining your market strategy and business plan.  Once you know where you’re going and how you will get there, it is full steam ahead!

Frequently, our ideas are born from personal needs.  As the old adage goes, necessity is the mother of invention.  It is the truth that there were no wheels, once upon a time.  There are literally millions of examples just like that in your everyday life, once you stop to think about them.  Each of those inventors and entrepreneurs may have sounded like lunatics when their ideas were new but they didn’t let that stop them, thank goodness.

Brilliance is a Birthright

Brilliance is everyone’s birthright, isn’t it?  Whether or not we made the Dean’s List at school, we all come up with amazing ideas which seem mundane to us and others view as being strokes of genius.  You will know when you have latched onto one of these.  When your light bulb moment consumes your waking thoughts and is exciting enough to keep you from hitting the snooze button in the morning, promote it to a passion.  You know it is right, you know people need it, and you must do what is necessary to bring it to them.

Your Flash Forward doesn’t have to be a flash in the pan.  You know what you must do.  Quit thinking and talking about it and get to work!

Yesterday marked the one year anniversary of my new life in the place that I’ve always wanted to live … San Diego, California.  This transition would not have been possible if I had not decided to become an internet entrepreneur and learned what it takes to get income online.

The year has been personally exciting.  It was delightful to experience a winter without sub-zero temperatures, far too much snow, and long, dark, gray days.  Enjoying bright and sunny 80 degree days for the Holidays, without the temperature being an anomaly, put a smile on my face too.  I haven’t tired of driving through the marvelous mountains while traveling around the area on business and roaming along the shores of the Pacific Ocean whenever I choose to is nothing other than magical.

From a business perspective, San Diego has opened new doors of opportunity.  For example, I was privileged to attend a local chapter meeting of Glazer-Kennedy’s Insider Circle this evening.  After some power networking and a few business card trades, I gazed around the room to see what sorts of people were also interested in moving their business beyond mediocrity.  Attendees came from all walks of life.  There were lawyers, doctors, building contractors, mechanics, holistic practitioners, artists, and, of course, non-pretentious internet millionaires in baseball caps.  What was most important was one common thread.  Each person in that room was there because they knew that there is always something more to learn.

Equally interesting to me was one of the motivational posters taped to the wall which read:

The most successful entrepreneur is the loneliest person in the world 

I’ve experienced some entrepreneurial success and I totally  understand that statement from personal experience…

It isn’t that entrepreneurs are aloof or choose to walk alone but the road we are on is certainly a road less traveled.  When the scent which will lead to success is found, it requires fastidious and incisive intellect to hone in upon the source and follow the trail. 

Sometimes discovery leads to changing strategies or tactics but the rewards are great when things begin to come together.  The path might not be straight forward and seeing around the bend requires occasional leaps of faith, at times.  One of the most important skills you must have is to stay the course and believe in your vision.

When you are disappointed by anything, what are your tactics for overcoming that feeling? Not so long ago, my grandson answered that random question in this way:

“Oh … I just look out the window and take some action.”

My curiosity was satisfied through further inquiry. The action that this astute 6-year old boy takes is to imagine that he has gotten what he wanted to have. Without thinking too hard, he knows how to do something that many people have paid money and invested many hours to learn. My grandson mentally rewrites the story so it ends in a way that he can feel happy. He shifts his mindset!

Whether this is intuition or instinct remains a curiosity but there is no doubt that my grandson’s method works. Envisioning a desired outcome enables you to see, hear, and feel it in such a way that it can become real. It is the basis of the popular Law of Attraction philosophy.

Envisioning what you want to go after is only the beginning, however. After you’ve imagined it, you need to perform some soul-searching that measures your personal readiness to operate in that niche, as well as performing due diligence about the future you have envisioned.

Two models are used for strategic analysis in business; PEST and SWOT.

A PEST analysis should always occur first. It measures a market, including competitors, against four external factors; Political, Economic, Social, and Technological. When conducting this phase of due diligence, it is critical to be crystal clear about the market aspect you are addressing so you can observe the external factors from any of the following standpoints:

• a company looking at its market
• a product looking at its market
• a brand in relation to its market
• a local business unit
• a strategic option, such as entering a new market
• a potential acquisition
• a potential partnership
• an investment opportunity

Within each of the aspects of a PEST analysis, there are several details that need to be evaluated. This analysis may seem more useful and relevant for larger propositions, but very small businesses can use it to locate significant issues that might otherwise be overlooked.

A SWOT Analysis evaluates the Strengths, Weaknesses, Opportunities, and Threats. This tool measures a proposition or idea, including competitors, and assists with understanding and decision-making for many business situations. Here are some examples of what a SWOT analysis can help you assess:

• a company (its market position, commercial viability, etc.)
• a sales distribution method
• a product or brand
• a business idea
• a strategic option, such as entering a new market or launching a new product
• an acquisition
• a potential partnership
• supplier changes
• outsourcing services, activities or resources
• an investment opportunity

Strategic Planning may not seem essential but, even if you are the only one at the party, careful evaluation of any business action prior to making an investment is prudent. In a small way and somewhat unconsciously, we perform these analyses every time we go to the grocery store so it makes perfect sense to do so when considering a business, doesn’t it?

At internet speed, the pressure to act quickly is always a factor when deciding whether or not to pursue something. Whether the decision involves $5 or $5,000, the result is the same if that business doesn’t pan out and there is no one to blame but yourself if you have taken no time to investigate it.

Using PEST and SWOT templates to evaluate your plans will force you to think through all the aspects of whatever you are investigating.  The internet is a remarkable asset in this research but it should not be your only resource. And, if your research reveals that your idea is not all that you had originally envisioned, young children also teach us something else. When they are interested in what they’re doing, a fall rarely causes them to stop playing the game.

The other night, while watching a movie entitled “Contact”, the dialogue referenced a principle called Occam’s Razor. Call me crazed, but I’m always pondering the aspects of internet marketing that I hear people complain about most frequently. When I considered Occam’s Razor, I suddenly realized that this principle covers most of those complaints quite handily.

Wikipedia describes Occam’s Razor in this way:

“The principle states that the explanation of any phenomenon should make as few assumptions as possible, eliminating those that make no difference in the observable predictions of the explanatory hypothesis or theory.”

Now, let’s test this principle against some complaints I’ve heard recently, for the sake of making my point.

Complaint #1 seems to be; “I don’t have time for fill-in-the-blank.”

Let’s assume that all of us have about one third of our day to spend on business building activities, which leaves 8 hours for working, if one has a job, and 8 hours for sleeping. If you are inspired to create an online income with a product or business opportunity, you must break down the tasks related to your vision that need to be completed so you can do this into manageable chunks and prioritize them to reach your goal.

Consider your time to be like a household budget. There is only so much time that you have to spend. Sometimes, we begin by tracking how we are currently spending our finite resources. This study can reveal unnecessary “expenses” and provide insights as to how to stretch our constrained resources.

It doesn’t matter if the study is about money or time; the principle that leads to correct action is the same. If you are spending your “free time” on things that do not further your financial goals, you need to make better choices about how much of your time you are investing on those things.

If you honestly evaluate your time, I’m sure you will find that the only thing standing between you and success is yourself.

Complaint #2 seems to be; “This is a scam.”

I’m sure many of you have heard the quote, “There is a sucker born every minute.” As an aside, you may be interested in the history of this quote according to History Buff’s website. For all intent and purpose, the story told here perfectly describes some of what I’ve witnessed with some internet marketing opportunities.

Having learned quite a bit about internet marketing, SEO, and keyword research, I am better armed for checking out any online offer. The first thing that I always do is to find out how many people are offering the same thing to find out if the market is saturated. This can be done quite easily using Google. If this passes my scrutiny, I will invest time in evaluating how I might better monetize the same offer.

Applying the principles of Occam’s Razor, however, the simplest truth is that there are no scams and it is up to us, as consumers, to perform due diligence on any business opportunity, product offering, or other proposal that we choose to accept and pay money for. I’m not necessarily an advocate who claims you must work hard to earn money but hype marketing messages that suggest vast earnings with NO involvement or personal effort always fail the sniff test for me. On the other hand, some free things that claimed to be helpful have really been free and also provided significant benefit.

Complaint #3 seems to be; “I can’t stay focused!”

We are bombarded daily by Skype and Email offers so it is very hard to not get distracted. Although a little rambleitis can be fun and lead us to exciting new ideas we hadn’t previously imagined, it is up to us to ensure that the business opportunities that we choose to join dovetail with our personal or business passions and interests.

Do you have Internet Marketing Attention Deficit Disorder? Are you crazily pursing everything that comes to your attention with the hopes that one of them will be the one that finally works? If you are involved with a dozen different business opportunities that have nothing to do with each other, creating a scenario where you cannot leverage either time or content, how in the world do you expect to maintain focus?

I recommend that you ask yourself these questions about every new idea that is presented:

1) Does the business model make sense?
2) Does this opportunity agree with my needs, passions or interests?
3) Will it be possible to leverage content or knowledge from anything else I’m involved in so I can economize on my time spent building the business?

Complaint #4, my personal favorite, is; “I can’t seem to get anything done!”

Here is where we really can rely on the principle of Occam’s Razor! If we are not getting anything done, there can only be one of two causes:

1) What we think we need to do isn’t important enough to do
2) We aren’t doing what we must to finish it.

The bottom line is, the decision to succeed is ours to make everyday. 

Speaking of not getting anything done, I must get back to my work. Thanks for stopping by!