December 2003Laura's Letters: December Newsletter ########################################## Circulation: 1700, give or take a few Vol. 4, Number 12 - December 2003 Publisher: Laura Benjamin http://www.laurabenjamin.com ########################################## Quotes of the month...
"No man is rich enough to buy back his past." (Oscar Wilde)
"If you have to be in a soap opera, try not to get the worst role." (Boy George)
"Don't work for my happiness, my brothers-show me yours-show me that it is possible-show me your achievement-and the knowledge will give me courage for mine." (Ayn Rand, The Fountainhead)
Find more Leadership Quotes at www.laurabenjamin.com New on the site: Teamwork Quotes
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============================================ In This Issue ============================================ 1. Marketing Tips
2. Management Tips
3. Useful Resources
4. Shameless You Know What (always at the end)
============================================= 1. Marketing Tips ============================================= 3 Stages of Connectedness (From Dave Savelsberg, Leadership Training Manager for Wells Fargo and adapted to marketing and business development applications by yours truly)
Un-connected: you're just getting the "lay of the land" and aren't quite sure yet who you need to know. This is the information gathering phase. Your job is to listen to others and pay attention so you can learn how to focus your energy and channel your efforts.
Connected: you're hanging out with the right people. You know who the movers and shakers are and you're doing a lot of the right things to make the sales and move the business forward. People know who you are and what you do. (That can be good or bad!)
Inter-connected: you are helping others get where they want to go. It now occurs to you that by referring leads, looking for opportunities to promote clients, colleagues and the competition (yes, you've read that last part correctly) that the focus shifts. It's no longer "all about you" and once people sense that, they are more willing to help you. It's the "what goes around, comes around" concept in it's purest form.
=============================================== Women Owned Businesses Grow at Twice the Rate
The number of women-owned businesses is growing at twice the rate of all U.S. businesses. Women are owners in more than 10 million businesses in the U.S. , account for 35 percent of all businesses, employ 27.5 million workers and generate $3.6 trillion in revenues.
Entrepreneurs project modest startup costs for most new ventures, according to a study released last month by the Office of Advocacy. Solo entrepreneurs expect median startup costs of $6,000, while the median cost expected by team ventures is $20,000. More than 80 percent of the entrepreneurs studied expected to cover their startup costs without bank loans, although on average they had saved only $2,000 towards that goal.
Source - http://www.sba.gov/advo/research/rs232tot.pdf, conducted by Blade Consulting with funding from the Office of Advocacy. Data from more than 800 individuals in the process of starting a business was gathered over a two-year period.
=============================================== New Year Marketing Ideas:
- Give your best clients a gift certificate good for $200 or so towards your products or services; make it transferable! - Ask each client if you can submit an article for their in-house newsletter, intranet, or magazine. It's better than an ad because it shows what you know and it's much cheaper too! - Become an informal mentor. Teaching others is a very good way to reinforce your knowledge, restructure your thinking, and generate new ideas. It's also a great way to build a reputation as a "giver". - Visit websites. Start with your "competitors" and follow their links to see who they partner with, what they recommend, products they use, and services they offer. Pay attention to the language and design of the site, then decide how you want to be different. It's better than visiting a bookstore for getting new ideas. - Pick up on new trends from your kids' and their friends. Want to know what the future will bring? They typically have a handle on it before we do. - Review the previous year's records and track where you get most of your business. Is it good enough? Is it time to shift your focus, research a new market, or develop a new specialty? - Give yourself a theme for the upcoming year, then use it as a way to stay focused on: creativity, connection, education, risk, etc. If you'd prefer to multi-task, give each month a theme. - Analyze the investment you make in professional associations. Why do you continue to join? Is it because it's what you've always done, or are there real benefits in terms of education, friendships, referrals. Just be clear that you're getting what you pay for when you sign that check and renew. Seek out organizations that fulfull your needs in those 3 areas above.
============================================= 2. Management Tips ============================================= Highlights from a recent Presentation Skills workshop:
1. Develop your presentation with the "spoke and wheel" model: your main idea or outcome is the hub and your key points are the spokes. For each spoke, include the following components: - a story to capture the imagination and keep people awake - data or statistics to give validity and offer proof - case models, "how-to's" and benchmarking to generate ideas - visual aids that must be interpreted vs read to engage minds - interaction to reinforce learning and give voice to your audience
2. Deal with the "Show Stoppers" - Don't allow one troublemaker to consume all your focus. Balance your attention among all audience members. Stay calm and stay in tune to what the rest of your participants need from you. - Validate their right to have an opinion and show respect for their willingness to "contribute". - Show Stoppers want attention, even if it's negative. Saunter down the aisle to where they sit, pause next to them, draw all eyes toward you and they will get the attention they were hoping for. If this doesn't settle them down, then... - Call a break and have a sidebar conversation with the offender. Ask them how you can help them focus and maximize learning. Gently, but clearly state that you will not allow them to continue disrupting the class or distracting other learners. - If they must leave to make it possible to continue the class and it's mandatory training, be sure to let their supervisor know the reasons why the person could not remain in your class. Stay objective: your focus should be on your ability to deliver results and this person impeded that outcome.
3. Don't become a slave to Power Point Technology is a wonderful tool, as long as it doesn't become the "master" of your program. Limit slides to what must be shown to be interpreted, like graphs, photo's, statistics, etc.
4. Use light backgrounds on your slides because you can keep the house lights up. This tends to keep people awake!
5. Add an "appendix" to the back of your handouts to include all the data, case models, learning points, that you'd like to include in your program but won't have enough time. If you do end up with more time, you can ask them to flip to the appendix and cover a key point. This will save your bacon if you have a tendency to try to cram in more information than anyone could possibly absorb.
6. Avoid cramming in more information than any one person can possibly absorb! We're all guilty of wanting to give them so much, that we end up with people who are so "brain dead" that they can't remember a thing. Err on the side of leaving them wanting more as long as you cover your topic appropriately.
============================================== Article Reprints ============================================== 4 years of articles and newsletters at www.LauraBenjamin.com You have permission to reprint with attribution and please send a "tear sheet" to: Laura Benjamin Int'l, 2135 Austrian Way, Colorado Springs CO 80919
============================================== 3. Useful Resources ============================================== Word Trippers (www.barbaramcnichol.com) A quick free guide to over 190 word combo's like "further or farther" and "except or accept" that can trip you up. For anyone who wants to communicate well and choose the right word when it matters most.
Ready, Aim, Specialize! Create Your Own Writing Specialty and Make More Money, by Kelly James-Enger For freelance writers, small business owners, sales and marketing managers, and public relations folks. Writing is just as powerful as professional speaking as a way to attract clients and market your knowledge. This book will help you focus more effectively.
=============================================== 4. Shameless You-Know-What...Always at the End =============================================== Popular Programs: - Marketing Yourself (and your business) in a Down Economy - Turn Your Service Contacts into Sales Dollars - Call of the Wild: Taming 'Godzilla' and Other Difficult People - Behavioral Styles: Achieving Your Highest Potential and Personal Growth - Employee Retention: Dare to Be Different - Getting to Constructive Outcomes with the Conflict Lens - Presentation Skills 101 - Teamwork: There IS an "I" in Team! =============================================== Laura Benjamin is Past-president of the Colorado Springs Society for Human Resources Management, serves on the Board of the National Speakers Association Colorado Chapter and is a Meeting Professionals International "Platinum Speaker". Her work has been featured on radio and television, and her freelance articles are published internationally. Her newsletter reaches subscribers worldwide. =============================================== Laura Benjamin International Phone: 719-266-8088 http://www.laurabenjamin.com Colorado Springs , CO USA (C)Laura Benjamin International 2003
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