Business Developmemt – Page 14

Is It A Recession? Is It A Depression? Doesn't Matter ….Stop Your Bitching and Moaning And Take Purposeful Action

The last thing my readers need is another economic analysis report or some suggestion that I or anyone else out there flapping their jaws really know all the facts about the reason for current climate. Ladies and gentlemen. reading those headlines and spending time analyzing the crap in the news is a monumental waste of God given talent. Stop your bitching and moaning and take responsibility for what you have control over which is your life. All change starts with one person. Do you want to know who that person is? Look in the mirror.

If your business is suffering, if you have lost your sources of cash flow, if you are feeling tired, down, stressed or in general not very good, recognize this: it is very true that the way you feel is absolutely a direct result of how you think. Don’t believe it? OK by me if you want to be a martyr. For those of you that want to take responsibility here is a quick 5 Step Plan to move forward fast:

A Five Step Speed Action Course For Achieving Your Goals In Changing Economic Times:

1. Recognize that most people you meet and talk to are going to be bitching and moaning about something or multiple things. Don’t play in that sandbox. There are a small group of people totally optomistic about the unlimited possibilities. These are the people you want to “hang out” with. So you don’t know anyone like that? I’ll tell you one source where I have met some wonderful people. Register for an account at www.Facebook.com and www.twitter.com You can begin by adding me (Steve Pohlit) as a friend and if you don’t think I am wonderful, you will soon find a large number of people who are.

2. Understand the dynamics of doing business are always changing. Since 1994 with the introduction of the Internet browser, the rate of advancement continues to accelerate. Do you remember a few years ago where Google Adwords was all the rage for on line marketing? Do you know the impact social networking is having on the Adwords market? When you look at the financial results of Google the impact may not seem obvious because Google is still the 800 pound gorilla. But if you become active in the social networking markets like Facebook, MySpace, YouTube and nearly daily growing rate of others you will see changing trend lines. I recently activated a site www.youtubemastery.net that begins to teach people how to use video to market their business and products on line. I can’t imagine recommending that even as recently as three years ago. I know at that point there were some progressive internet marketers using video but to encourage brick and morter businesses to use it would not have been very credible for me at that time. Now it would be irresponsible if I didn’t recommend it and teach it.

3. Nothing is the same forever…nothing. I am very familiar and experienced with using eBay stores as an adjunct to selling physical products using internet sites and retail stores. Several years ago the eBay model seemed to be an unmovable foundation for the auction business. In the last two weeks I was asked for my expert evaluation of a global trading platform that is very popular in the Europe. The person who contacted me was considering making a commitment of money and time to this business that is scheduled to enter the US. When I started studying this model I was amazed to discover that most of it was a completely new way of lookng at auctions and while I am not personally a person who has an interest spending time on landing an eBay deal, I can see myself playing in this new areana. Now since its origin is Europe, I had some difficulty understanding it. Once I thought I “got it” I developed an explanaton which you can see at www.dublian.com The point is whether you are a multi-billion dollar business, an entrepreneur, or an employeed person with a company you feel is well established for the long term, don’t fall into the trap of complacency. I’ll bet 6,500 people employed by Wachovia felt their position was secure until they discovered in the papers that their employer lost over $8 billion and was cutting their job. Nothing is permanent. My strongest advise with every business is the same: be very aggressive in taking care of current customers and growing market share. Do you think that advice would change under different economic conditions? It hasn’t and it won’t

4. If you are running a business with employees you should be very consistent on your expectatons for performance. It seems that when revenue and profits are under pressure, management starts taking a close look at employee performance. In some cases they don’t even care they just cut. Just cutting is rarely justified and is analogeous to removing a body part if you want to lose weight. That approach is just plain stupid. There is no change in the guidance here: The formula is A-P=V which stands for actual minus plan = variance. There must be a person accountable for each key variance in your business. That is how their performance is measured. Is it a simple as that. Yes and no which is why companies engage my me and my firm for assistance.

5. If you are repsonsible for a business that is really feeling financial and cash flow stress, every day you wait to call for assistance is a waste of very precious time needed to define and execute a turnaround plan. I have written about this before and will write about it again because it is a fact. Please visit www.turnaround-consulting-firm.com or call me direct right now at 727-587-7871.

The blessing of a changing economy is that is results in an opportunity to re-evaulate how you are running your business and your life. The people reading this either accept that they are responsible for what happens to them or blames everyone else. For a long time I had the mind-set it wasn’t me. Four years ago I concluded that mind-set was completely incorrect.

Accept The Responsibility and Take Action Starting Now!!

Sending all my readers the energy of wellness, peace and abundance.

Steve Pohlit
http://www.stevereports.com

Don’t Miss These Free Reports from my new business consulting site:

The Top 10 Action Stops That Will Make Your Business At Least 50% More Money in 90 Days or Less While You Spending Less Time Working Click Here For The Free Report

The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size. Click Here For The Free Report

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. Don’t miss my FREE Report: How To Make More Money With Your Business Now and Long Term I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool (best tool ever for helping you manifest your goals and dreams) is The Prosperity Tool Chest and guiding articles posted very often at Prosperity Tip

Is It A Recession? Is It A Depression? Doesn’t Matter ….Stop Your Bitching and Moaning And Take Purposeful Action

A Five Step Speed Action Course For Achieving Your Goals In Changing Economic Times:

Accept The Responsibility and Take Action Starting Now!!

Sending all my readers the energy of wellness, peace and abundance.

Steve Pohlit
http://www.stevereports.com

Don’t Miss These Free Reports from my new business consulting site:

The Top 10 Action Stops That Will Make Your Business At Least 50% More Money in 90 Days or Less While You Spending Less Time Working Click Here For The Free Report

The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size. Click Here For The Free Report

Attention All Business Owners: 3 Steps To Activating A Corporation

Do you have a business or maybe you are thinking about having one. It could be a company with employees, an information marketing business, a mlm distributorship or maybe you are an independent contractor. If so, you should be incorporated. You may have read about the tax deductions available to business owners. If you are not taking advantage of these you may be leaving money on the table. Follow tax laws for the advantage of your business. They were written for that purpose.

I just finished setting up another Subchapter S Corp. and outlined the essential steps in this process. Most people think they need to hire a CPA or business expert to get this done. You do not. Al the information is on line. Simply take action. Note: I am not a tax advisor or attorney. I am an advocate of using readily available information for making your own decisions and taking action.

Summary of The Three Steps…Details to Follow:

1. Register with the state where you select to be incorporated. This does not need be the state of your business location or residence. My latest registration is in Nevada and I live in Florida.

2. File for an EIN number with the IRS. This is an employee identification number and can be obtained on line almost instantly once you have your corporation registered.

3. If you are filing for Subchapter S status you must fax a completed request form to the IRS with your Corporate identity (name ) and your EIN number. That is why you follow these steps in sequence. The form is easy.

Additional Details of Setting Up A Corporation:

Types of Corporations:

The most common legal entities are a C Corporation and and S Corporation with an LLC growing in popularity. Generally, if you are a entrepreneur or privately held company with one or a few shareholders, an Subchapter S is likely what you will use. Some people prefer an LLC for specific types of businesses. Do your own research then act. You can set up an S Corp or LLC and then convert to a C Corp. The reverse may difficult.

Where To Incorporate and How To Do It.

The two most popular areas are Delaware and Nevada. I liked Nevada for a number of reasons but a lot of people use the state they are in and a lot of people select Delaware. Once the state was chosen I selected a registered agent called them and in about 20 minutes they had everything they needed to file with the State of Nevada.

Two weeks and about $300 later I received my papers and at that point could register the officers with the State. Another $125 unless you are late like me and pay a $75 penalty. (Rates vary by state and so do annual renewals.)

EIN and Subchapter S Status

Once you have registered the officers which can be done on line got to the IRS site and apply for an EIN number. This is done online, you receive your EIN almost instantly and there is no additional charge.

With the EIN number go back to the IRS site and print out form 2553 if you are filing for Subchapter S status and fax it in. You do not have Sub S status until you receive a letter from the IRS confirm such status.

Other Info

Since I incorporated in the State of Nevada I set up a virtual office in Las Vegas. So my business cards show offices in multiple states which I liked. There are tons of places that do this. I found one that set me up for $50 and charges $30 per month.

Summary

I just went through this process and it was relatively easy. However I recognize if you have no experience with this it may be confusing. Normally a local CPA firm can help you for a reasonable fee. I recommend anyone in business to be incorporated. It will make your life easier when it comes to keeping your business income and deductions separate from your personal return items.

Accept The Responsibility and Take Action Starting Now!!

Sending all my readers the energy of wellness, happiness and peace.

Steve Pohlit
http://www.stevereports.com

Don’t Miss These Free Reports from my new business consulting site:

The Top 10 Action Stops That Will Make Your Business At Least 50% More Money in 90 Days or Less While You Spending Less Time Working Click Here For The Free Report

The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size. Click Here For The Free Report

5 Steps To Stop Insane Management From Driving Business Into The Ground

As a reminder the popular definition of insanity is “doing the same thing over and over and expecting the different results”. Most companies continue to do business the same way and blame the economy and high gas prices on their declining business results when they should be looking in the mirror. There seems to be a strong undercurrent of “I am waiting for somebody to do something vs. I am responsible.”

The operative word here is most. There are sectors of the economy that have been hit by current conditions. I will leave that analysis to economist and academics. They have a lot more expertise in such matters and enjoy the intellectual debates of cause and effect. I have a laser beam focus on what individual companies can and should be doing to achieve their potential.

I am excluding from this article any company who is in serious cash flow difficulty. When a business gets to that point, crisis management… turnaround expertise is needed. MY firm International Resources does that work and we are very good at it. I always advise if you are in that situation, call me or a firm like mine right now as time is of the essence. My direct line is 727-587-7871.

What are “The 5 Steps To Stop Insane Management From Driving Business Into The Ground?”

1. Have a very clear profit plan at each line item of business performance. Measure actual performance against plan and have clear accountability for achieving the plan line item by line item. To implement this you must have timely, accurate and relevant information. No excuses…must have.

2. When people who are accountable for line item performance consistently fail to meet the stated goals, replace them. Period!

3. The number one function in a business that will be the subject of most of the excuses is sales. These excuses come from people who do not understand how to market to a consumer who places ever increasing importance on relationships. Why do you think the community building sites like YouTube, MySpace and Facebook are in the top ten most highly visited sites globally? According to Alexa, YouTube is 3 , MySpace is 6 and Facebook is 8 ) Every business must have a relationship driven marketing strategy and then implement it. See Relationship Marketing below.

4. Always be evaluating the market including on line competitors. I wonder if Microsoft, Yahoo and AOL in retrospect would have done anything different when Google first came to market? No company is immune from being seriously weekend by competition. I look at the drugstore landscape. I live in Florida where competition is very active particularly for pharmacy prescriptions. A new format of drugstores was introduced not that long ago by Walgreens, CVS, and others with positioning of buildings with 24 hour drive through pharmacies on high cost real estate. Two things have happened with those changes. Prices skyrocketed to pay for real estate and relationships with the pharmacy customer has almost become extinct. Within this landscape I am aware of several privately held drugstores doing very well because of their attention to customer relationships.

5. Don’t push a boulder up hill. Some companies were never meant to be. People start companies or buy existing companies because they think it is a good idea. The only opinion that matter is the market. If your business was not all that strong in the past and you are basically doing everything right, the best action to stopping the profit leaks may mean closing the doors. If you are not sure Contact Me.

Reality Business: The following examples are taken from just one day’s experiences – today.

1. I was talking with a former client who is now a good friend, who told me they have exposure on a large receivable as it looks like the customer is going out of business. After asking two questions I understood that procedures installed during the consulting project were ignored. Insane management. This happens all the time where people make exceptions to sound business practices and then wonder what went wrong. Follow well founded established policies and procedures without exception. Does that mean nothing will ever go wrong? No, but the surprises will be fewer and far between.

2. During a meeting with a very successful fund manager I asked him if there was any one or two things that he attributes to his success. We were specifically talking about clients who transfer portfolios of $250,000 and higher to him from other firms. He said: “just two things: first I have a “high touch” approach which cements the relationship. The markets have been unforgiving lately. I increase my meetings with clients when competitors are shying away from making calls to people whose portfolios have been hit. Second I have marketing funnel to my target audience that has consistently worked very well.” I am not writing the details as this is proprietary but I will tell you this – you don’t have to be a rocket scientist to figure it out.

3. I was invited to lunch at a very nice restaurant in Tampa. It has a fairly steep price tag for most of the selections. There were many tables available. Like nearly every other restaurant I have ever dined, regardless of price point, when I left they have no idea who I am and have no way of inviting me back. Insane management.

All in one day!!

Relationship Marketing:

I love talking about how easy it is for retail business to install a relationship marketing program. This is actually easy for every company, but most readers can relate to experiences with restaurants, grocery stores, dry cleaners, specialty shops and other retail stores. Just ask yourself when was the last time you received a thank you note, an incentive to come in for a special on a particularly slow day or a brief questionnaire asking you how they can serve you better? It happens. I listened to a story the other night about a business getting a fax every time it rains near the lunch hour from a nearby restaurant saying “It is raining. Our business will be slow today. Come in for a free Taco.”” Of course, nearly everyone will be buying more than one taco. But isn’t that cool and how hard is that to do?

Visit http://www.localretailmarketing.com for an idea on how you can begin strengthening your customer relationships. The information is free. My firm is not if you want us to do it for you. We get it done now which can be very valuable for you.

Accept The Responsibility and Take Action Starting Now!!

Sending all my readers the energy of wellness, happiness and peace.

Steve Pohlit
http://www.stevereports.com

Don’t Miss These Free Reports from my new business consulting site:

The Top 10 Action Stops That Will Make Your Business At Least 50% More Money in 90 Days or Less While You Spending Less Time Working Click Here For The Free Report

The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size. Click Here For The Free Report

If You Are Buying A Business, Thinking of Buying A Business, or Think You Might Someday, Read This Free Report

Just Released from my new business consulting site: The Key Issues That Must Be Addressed Before You Buy Any Business of Any Size.

Click Here For The Free Report

Steve Pohlit
http://www.stevereports.com

The Secret of How Staples Business Depot Became The Largest In Canada

Click Here for the details of this story: In summary, at first glance it appears the company’s success is do to ……let the President Steve Matyas tell it: “It sounds like a cliché, but everything we do is about making shopping easy for our customers. We continually ask ourselves and our customers, ‘What can we do to make shopping with us easy?’”

Specifically what are they doing better than their competition and pay very close attention to this as there are very valuable lessons to be learned:

1. Clearly defined niche – small business owner.

2. Establish a process for staying in touch with their customers and then offering the products and services they want and need. Have you heard the message: find an hungry market already spending money on what you are offering then position your offer better than your competitors?

3. Make is easy for your customers to do business with you. In the article you will notice there are different size store models depending on the market. Staples cannot profitably operate the same store format in all markets because of demographic differences.

4. After following the first three steps they are able to reap the rewards of their focus on “making shopping with us easy” and they know how important it is to have the right employees in their stores to execute on this goal. Notice their emphasis on innovative recruiting to attract people they need for their growing business.

This is a great example and lesson of a business understanding and serving their customer.

Sending all my readers the energy of vibrant health, happiness and prosperity.

Steve Pohlit
http://www.stevereports.com

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. Don’t miss my FREE Report: How To Make More Money With Your Business Now and Long Term I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool (best tool ever for helping you manifest your goals and dreams) is The Prosperity Tool Chest and guiding articles posted very often at Prosperity Tip

Marketing To My Target Audience Using The Wall Street Journal, Entrepreneur Magazine, Traffic Jam

This morning The Wall Street Journal asked if the recently announced iPhone to be released July 11 would be accepted by business. The answer influences the volume of iPhone sales and of course Apple’s earnings. This is my response which may give insight as to how business owners should consider many options that are presented:

“One path to answering this question is to consider the different functions within a business. For example, a typical accounts payable function currently is not enhanced by an iPhone. Account payable staff have the resources to do their job. Alternatively a technical field representative who is mobile could very well benefit from continually developing iPhone technology.

I appreciate this question as the use of cell phones and technology devices including the Blackberry and iPhones is a very topical question with business owners who I guide to making more money with their business.

In summary I am not an advocate of a universal policy allowing or prohibiting such devices. My advice is to decide at the functional level.”

Recently Entrepreneur.com Published An Article On Squeezing Out Profits In Tough Times actually titled “Less is More” This is an area where I have considerable experience and expertise. Today, I submitted my comments which followed the logic of my FREE Report offered at IR Consulting, Inc. and mentioned for the readers of Entrepreneur the availability of this report.

Last night I was reviewing the update to Traffic Jam which is John Reese’s site and it really is marvelous so I encourage you to look at my Blog Rush widget on the right side of this page and click through and sign up for an account for your blog. Then your blog entries feed Traffic Jam. A word of caution: if your blog is new I would wait until you have a reasonable volume of posts before applying for an account, as that is one of the criteria for acceptance. One of the values of Traffic Jam is for you to quickly see blog content published in your area of interest. When you do I recommend commenting on the blog posts and including your site links which is a great way to get back links to your site.

In summary, published content is one of the actions that add credibility to your business. I am more focused on publishing certain of my content in areas most likely visited by my target audience. The Wall Street Journal, Business Week, Entrepreneur Magazine are examples of where I have published content recently.

With the increasing volumes of information being published primarily as a result of more blogs coming on line daily, it is in your best interest to identify where your target customer is most likely to be visiting. Then focus on attracting their attention with content that delivers value and demonstrates you know what you are talking about.

Sending all my readers the energy of vibrant health, happiness and prosperity.

Steve Pohlit
http://www.stevereports.com

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool is The Prosperity Tool Chest

Last Minute Bonus Valued Up To $4,000 Added for Loyal Subcribers of Steve Reports and My Facebook Network Friends

Earlier today I published a Free Report Titled: The Top 10 Action Stops That Will Make Your Business At Least 50% More Money in 90 Days or Less While You Spending Less Time Working

This information is based on the exact program I use with companies of all sizes and have experienced extraordinary results. You are able to begin take action immediately with this 10 Step Road Map and start to make a lot more money with your business.

There are a number of very valuable bonuses including a very special one that I add at the last minute in celebration of my daughter’s graduation from Ohio State on June 8, 2008.

Use this information starting today and contact me if I can be of any assistance.

Sending all my readers the energy of vibrant health, happiness and prosperity.

Steve Pohlit
http://www.stevereports.com

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool is The Prosperity Tool Chest

Stephen Pierce Recommends 7 Internet Marketing Tools: Steve Pohlit Comments.. Twitter Fans Take Note

Stephen Pierce’s blog is dTalpha The content is mostly Podcast If you have an iPod or an iPhone subscribe to his dTalpha podcast at iTunes. Twitter fans heads up – Stephen announced a beta site that shows what is hot on twitter. I am not giving the URL’s here on the same day they were released by Stephen. You will need to listen to today’s Make More Money Monday podcast. Have a pen and paper or do what I do and that is I open up a new tab in Firefox for each site he recommends then I go to the site as he gives it. I then can spend more time with it later.

My business is showing people with a business how to make a lot more money. Every week Stephen offers suggestions that will help all size companies. This week is no different. There is a trends site, a stories site and a video advertising site that should be relevant for just about everyone. He also recommended several very cool niche sites for fans of twitter, adsense and selling on eBay.

The following is what I posted in response to today’s podcast:

Stephen, very cool suggestions.

I am a twitter fan (follow me at http://www.twitter.com/stevepohlit) so I am particularly interested in the beta site you mentioned. Also I am definitely checking out the trends site and stories site you suggested. Of course I have notes on all your recommendations and as person who works with people with varying business interests in my efforts as a build business profits consultant, I never know when one of your recommendations that may not be topical for me at the moment is perfect for a client.

This is a reminder that all dtalpha fans are welcome to contact me for a complimentaty consultation on their business. Of course this will need to be scheduled but I can generally get to you within 5 business days of receiving an email (stevepohlit@gmail.com )

One final thing – if you didn’t get Stephen’s Mind Power University package you should revisit that decision right now. I don’t know if there is still a special price or not but there is some powerful material in that package. Thanks Stephen

Steve Pohlit
http://www.stevereports.com

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies to rapid increases in revenue and profits with a sustainable growth rate. I am building my practice and welcome new client inquiries. Call me for a fee consultation at 727-587-7871 Remember many of my business building articles can be found at Steve Reports and my prosperity building tool is The Prosperity Tool Chest

How To Use Multi Media For Lead Generation

It is unusual for me to watch TV. However for those of you that follow me on Twitter, Facebook, MySpace adn LinkedIn you know that I love the Stanley Cup Playoffs. While watching the most recent game I noticed an add during a commercial break that appeared to be an promotion for a home furnishings retailer. I quickly realized the promotion was for lead generation. This ad was designed specifically for viewers to request a resource on how to buy direct from over 700 manufacturers.

The promotion focused on the mark-up that retailers charge and asked “why should you pay their bills?” So this was clearly an emotionally engaging campaign. It was also targeted at anyone remodeling or building new. It also appealed to people intending on replacing home furnishings.

The focus of this ad was to motivate people to call or go to the web site to request their informational booklet. Clearly a squeeze page strategy using electronic media which in this case was TV. This was all very well done except showing home furnishing ads during a hockey game begs the question of whether this was the right program to be presenting the campaign.

While the ad was running I went over to my nearly always on computer and typed in their URL. Again – squeeze page only. The home page was there for one purpose which was to capture contact information. I was intrigued as to what they were really promoting. Is it a buying club with a monthly membership fee or something else?

I was very surprised to discover that I received a pass for an appointment to visit a physical place not more that one mile from my home and they were very specific as to the time. What is more interesting they now know my household (me) since their follow up survey wanted to confirm there was no problem having a baby sitter so I can could make the appointment. (The only baby sitter I need is for me.) They also know I am planning on at least some home furnishing replacements in the next 3-6 months. They asked and I told them.

I am likely to go to this appointment because I am very intrigued by what it is they want me to do. The location is not large enough for a showroom so my number one bet is that is is a buying club promotion. I will disclose the website with a follow up report in a few days.

In summary this is an excellent case study in lead generation. I certainly don’t know but it would not surprise me if Dan Kennedy was hired for this since he is one of the best marketers with TV media, copy and lead generation. Dan is the one who taught me how to pay attention to ads including infomercials. The effective ones on TV are effective sales letter in action. If you are interested in marketing you really should be getting Dan’s monthly newsletter. Click Here if you are interested.

This example is a great lesson in using multi-media for lead generation. TV, Phone, and the Internet are the primary tools being used and there is a mail in option presented but not emphasized. They did a good job and served as an example of why it is important to pay attention to well designed campaigns. And on that note I will ad there is no such thing as junk mail. Every piece is an opportunity to learn something even if it is what not to do.

Sending all my readers the energy of vibrant health, happiness and prosperity.

Steve
http://irconsultinginc.com

Steve is the President of International Business Consulting Resources. His firm specializes in guiding companies and their employees to achieve their highest potential. Many of Steve’s business building articles can be found at Steve Reports and his prosperity building tool is The Prosperity Tool Chest

Email Steve or call him directly at 727-587-7871

PS Don’t pass the valuable information on Blogging for Profits and How To Increase Revenue and Profits by 30% or More In 90 Days or Less.

6 Steps To Building Community: Steve Pohlit Reports on This Article

(The following excerpt is from an article posted on Imedia.com and my comment was written to offer guidance to those still questioning the value of communities or wondering how to participate. Steve Pohlit)

Jim Lynch Writes For Imedia:

The secret — the message is more important than the mechanics
There are many new and old media tools that you can use to manage your community. No doubt, these tools are important. But remember, it’s the message that attracts, nurtures and grows your membership. It?s the message that will ultimately enable you to realize the business value of a B2C or B2B community. Your message needs to be targeted, relevant, interesting, differentiating and compelling for your audience.

Communities are an exciting new way for businesses to connect with their markets. You can build your own or plug into influential communities of people with a vested interest in your success. Don’t wait to get started. Learn as you go and refine your strategy based on what you learn. This is a great opportunity for marketing professionals to deliver new breakthrough programs.

Steve Reports:

Excellent Jim – you have clearly articulated the essential elements of facilitating a community and building a relationship with the community. I appreciate the examples of Dove and Oracle in your article.

I think for smaller companies and entrepreneurs, they may be wondering how to best develop the value of a community. My current thinking is to research the social networks with relevant members like Facebook, LInkedIn and MySpace and build your network. Also join relevant groups and start your own group. At http://www.actionplantracker.com there is free guide for Facebook and the steps are easily adaptable to other social networks.

Most people do not appreciate the significance of your message but a growing number of business leaders are beginning to include transparency within a relevant community as a priority on their list of business development initiatives.

Again my compliments on an an outstanding article and message.

Be well and wishing you continued success,

Steve
http://www.stevereports.com

The Best Guarantee I Have Ever Seen

Read this ….enough said.

100% Satisfaction Guaranteed

The ‘100% Satisfaction Guaranteed’ button means that osInteractive LLC guarantees the product you’re purchasing. We want you to be pleased with your purchase from us. We have a 100 percent customer satisfaction guarantee for template purchases to ensure that you are completely satisfied that the final product you buy is exactly as described in your contract, and that it will not be defective.

osInteractive LLC provides the following satisfaction guaranteed products and services:

Widest selection – over 6500+ items to choose from
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Competent staff – 100+ people working for you (our own musicians, 3D artists, 30+ designers, technicians, support representatives, etc.)

Our 100% satisfaction guarantee is about more than refunds; it is about a promise to deliver total satisfaction. We believe that products should come with free, long term support, and this support is part of our company ethos.

Steve

Is Paid Click Advertising Dead?…And This Was Posed by A Professor. Steve Pohlit Reports Resonds

A professor writes for iMedia regarding the viability of paid search. Click Here for the link

This is a perfect example of professors teaching principle based on academic research vs. actual experience. I encourage you to read the entire post and my response. The following is what I published. ………………………

Hello and thank you for the post and data. Regarding the data on blogs I am wondering if it captures the blog hosted on a server supporting a domain name. For example http://www.stevereports.com is a WordPress blog platform hosted on space I lease. I set it up without going through the WordPress site. Seems to me this would distort you analysis.

The substantive issue of your article is on paid search. I just spent a year with an eCommerce business model where paid search continues to be an important part of the marketing strategy. Every campaign was carefully constructed and revenue vs. cost was continually monitored. To give you an idea of volume the company invests about $15,000 a month in paid search.

The results continue to exceed forecast. As long as there is profit after cost of the ad and cost of the product sold the ads will continue. As this is written the performance of paid search is very lucrative for the business.

Marketing strategy is a meaningful component of The Profit System I developed to help companies improve revenue and profits. I continue to recommend and assist clients with the implementation of paid click advertising.

Steve Pohlit, Business Development Consultant
http://www.stevereports.com

Steve Pohlit Reports on The Question Raised by Lynn Pierce On Why So Much Confusion?

Lynn Pierce is a wonderful business professional and is successful author, speaker, business coach and more. Click Here for more on Lynn

In a blog post today Lynn writes (excerpts – click above for the complete post): “It doesn’t matter if it’s an experienced speaker making the transition from fee based & keynote speaking to public speaking or if it’s someone just starting out who wants to be a speaker, author or Internet Marketer, they all seem to be struggling with the same key issues.”…..

“One thing is that the new people just getting into this industry of information marketing are spending thousands of dollars learning how to build a list or how to blog & podcast or they’ve gone to speaker training, or learn how to do teleseminars or how to drive traffic and they still don’t know what their topic is.”

In all fairness most people who are passionate about business, marketing on line and off line and developing their own independent business are buyers. I am still a buyer and plan on attending even more events in the next 12 months. Each time I go to an event I buy products and consistently buy products that appear interesting. In many cases I want to see what someone else is doing. I may be able to adopt some of their content to what I am working on. I think I am doing a better job of knowing my topics.

There is deeper issue and this is my comment to Lynn’s blog post:

….Hi Lynn, hope you are doing great. Your post presents several very interesting topics for discussion. That by the way is an great way of generating interest and attention on a blog based site.

There is no question that focus on a topic matter is very important. I think it is important to realize that if your topic is one that others also focus on that is good. The market is telling you there is demand. I know I have side stepped topics in the past because of “this has already been addressed” only to see someone else recycle the topic in a new package.

My thinking today as I continue to move forward with my consulting practice where I show companies How To Increase Revenue and Profits by 30% or More in 90 Days or Less with my process called “The Profit System” is that the dreams and desires of the individual must be met or anything that is successful will be short lived.

Using your example of a speaker who wants to take their keynote and develop it into an information product, if their motivation is the money it is likely going to be a mediocre product. There needs to be a passion about what we do that is in alignment of who we are. This is the reason I am now adopting my work with The Prosperity Now Program into my professional practice.

I welcome all to stay current with the developments of The Prosperity Now Program by registering at http://www.prosperitytip.com

Of course I love to be followed and reciprocate at http://www.twitter.com/stevepohlit and always looking for more friends at Facebook.com , LinkedIn.com and MySpace

May you experience you pure potentiality in all areas of your life.

Steve Pohlit, Business Development Consultant
http://www.stevereports.com

Part 3 (Final For Now) Steve Pohlit's Response To Patsi Krakoff's (The Blog Squad) Question: Is Social Networking A Wast of Time?

In Part 1 the size of the social networking market today was introduced with specific reference to the rapid rise of Facebook in just over three years. Successful social networking includes opening the doors to your life. This seemed natural for the early adopters of social networking, but for many others today,it is not and is still not natural. I pointed out the leadership role John Reese has taken to introducing Facebook to his huge list and beginning to share parts of his previously well guarded life. John’s posture as well as others has a ripple effect on the business community.

In Part 2 I disclosed that relationships are the primary reason I feel social networking is a valuable use of time. I remind myself and share this view with you that in any relationship, you have to do your part. I accept total responsibility for those relationships that have fallen by the wayside in my life. I am not repeating those mistakes including ones developed in my world of social networking. People active on the social networking sites are giving and giving and giving more. That is real positive energy circulating. I have chosen to be with that energy flow.

In the last of this series I am opening the door to the more notable of my experiences in just three weeks of being active on Facebook. I am not holding anything back. There have been many wonderful experiences. I didn’t maintain a list and will probably remember others after this is published. These will provide you a good view of my experience in a short time. Sequentially:

1. I posted pictures of an event in Orlando and immediately a person who I have tremendous respect for messaged me and asked “Steve where is the car?” I then knew that John Reese was following certain information I was posting. The car was John’s Lamborghini. I have a picture of me and John with his car from that event. I found the picture and posted it. That brief communication reinforced for me that I wanted to make sure that everything I was posting would be viewed in a positive light by whomever decided to read it.

2. Travis Greenlee published a series of videos on growing your network on Facebook. He did a terrific job and I spent 30 minutes watching his series and taking notes. I developed an action plan tracker from those videos that I posted to the Action Plan Tracker site. I began working those action steps. Travis liked it – I am not sure that many of the 2,000 people in his network paid that close attention to his work . Welcome to the world of social networking. You can put the value out there but most people will not pay attention to it. We still live in a “give me the magic pill” society. I digress.

3. I developed the site Prosperity Tip. This is the front end for The Prosperity Now Program under development and the associated Prosperity Tool Chest which is the most powerful tool for transforming your life if that is something you want to do. That background is important because right about the time I was becoming active on Facebook I was finishing the book The Moses Code by James Twyman. There are no coincidences and one of my new friends was talking about Facebook Groups. So I thought I would look up The Moses Code group and it wasn’t formed. I formed it immediately. The next morning there were maybe 6 members with me and my daughter representing 2 out the 6. One of the other members is the author – how cool is that? You can join a group on Facebook reflecting your interests and start one of your own. I notice that there are a huge number of groups. Many are started and few are that active and stay on topic. If you start one, stick to the original purpose.

4. Authors I highly respect are in my network: Joe Vitale, Deepak Chopra, Joe Sugarman, John Assarof, James Twyman to name a few. Of course there are experts who are not on Facebook but many are. Do not hesitate to approach anyone to network with you. Sending them a note that you enjoy their work goes a long way to receiving a reply.

5. Nikhil Satija and I became Facebook friends. One day I noticed a short post from Nikhil and checked out what he was doing. That led to a unique joint venture for promoting a high ticket product. There is more information at his group Million Dollar Business on Facebook and at the page I webpage I set up to introduce people to this idea. ( Click Here ) Today we are working together on developing traffic flow and that is fun.

6. Another post led me to Bubble Ply . Now imagine the likelihood of paying attention to a name like that. Well this post from a FB friend led me to that site and all I can say is wow. I posted an article about this or should I say I demonstrated this technology in a post Titled “Nobody Is Talking About This …Is This off The Charts or What? ”

(Remember I am writing about things that have happened in just the last three weeks of being active on Facebook)

7. I learned about Twitter and can follow some of the activity of interesting people. Just this week I learned how to sync Twitter with Facebook using an application on Facebook called twittersync. Guess where I learned that? Correct a Facebook friend led me to that solution. Candidly I am sure about Twitter but I am active with it and I will likely write about Twitter at some future date.

8. My friends introduce me to games and applications that I never would have given any thought to. Realistically I decline many of those invitations. While they may be interesting, like many other people I make choices as to how I will use my time. However, several of those recommendations I am experimenting with and one of them looks to be very powerful and is in the category of “I can’t believe more people are not in a buzz about this!” What is it? See the next item on the list.

9. One of my newest friends is Michael Wolf. He is CEO of a UK based company that has developed a very fascinating application that assists people in 1.) Promoting their expertise 2.) Finding people for projects and 3.) Researching a question or issue. Currently this is a Facebook application. It appears to be very new as there are some technical challenges still being worked out. I am in touch with Michael and have given him details that may help his company work out the remaining issues. I will be writing an Action Plan Tracker on this application when the technical issues are worked out and I have more experience with it. What is interesting to me is that this application falls within the scope of another business model idea I had developed within 24 hours of Michael contacting me to be his friend. A great example of the Law of Attraction working.

10. I wrote about this in Part 2 and clearly this last item is the number one reason I am active with Facebook. I have 400+ more direct connections around the world than I had three weeks ago. I feel that I know a number of them quite well and our relationships are growing closer. This connection feels real good to me. One of the key principles I have taught in The Prosperity Now Program is that to me our main goal is being at peace. Yes we deserve all this world has to offer but I we are not at peace with who we are and what we have, all the money and what that can buy means nothing. At some point all of us leave all the stuff behind and what remains is our footprint on the soul of others.

Patsi, you are a wonderful lady and thank you for asking the question. I had no idea my answer would lead to a three part series, but I loved sharing this with everyone.

The close of this series is one that I use for my Prosperity Tip readers:

May you experience your pure potentiality and live the life of your dreams.

Steve Pohlit, Business Development Consultant and Coach
http://www.stevereports.com