 No matter how many hopes and dreams startups are built upon, most will have closed their doors within a few years. We identified reasons why American and Canadian businesses fail so often and how to avoid them with the help of a specialized start-up consulting agency such as STS.
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 Lately, we have been devoting our time to our clients, helping them fight the good fight to stay afloat through one of the most challenging times to operate a business in the last fifteen years.
That hasn't left a lot of time for writing, but today, as CEO of Startup to Success Media, Marketing and Consulting Agency, I have had enough of a disturbing trend and felt it warranted to take some time away from the front lines.  Choose the scenario that best fits you:
1. You’re looking to be recruited for a new job. 2. You’re waiting to hear back on a proposal you submitted for a contract. You have all the credentials, but someone with less experience gets chosen, and you weren’t even asked for a meeting. Wondering why they would possibly be hired rather than you, you check out their LinkedIn profile. Then you see it: their stunning profile picture and an impressive write-up. In situations like these, your bio and image could quite literally be your real money maker. Read on for tips on how to perfect that portrait to engage prospects with your experience and offerings.  When thinking of ways to reach your business goals, have you ever considered hiring a content marketer? Chances are, you've heard of the importance of content creation, but what makes it a fundamental marketing tactic for the success of your brand?
According to the Pew Research Center, 28% of adults are almost always online, while 88% log on every day. To be successful, you need to reach your audience from where they are, and more than likely, they're online. Many consumers make their buying decisions while scrolling through media and articles. In fact, 61 percent of internet users in the US decided to buy a product after reading a positive blog post. Content development is the most cost-efficient marketing method. Its conversion rates are six times higher than other digital marketing methods while costing around 62% less. With a consistent approach, the benefits only compound as your website and other means of delivering your credible message to the public brings in more and more traffic. Even with stats backing its effectiveness, 63% of businesses don't have a listed content marketing plan. Are you one of these businesses? If so, there are many reasons to change your marketing approach with a content creator's help. Use this guide from Constant Contact to ensure your social media graphics for business marketing are up to speed with this year's requirements—dimensions per platform matter. If you don't use the right ones, essential parts of your imagery can be cut off, especially on mobile, where the majority of your audience will see your social media marketing.   No one will disagree that 2020 was a wild year for a variety of reasons. What was particularly interesting to us here at STS was the same kind of project we had all year long.
Can you guess what it was? Hint: look at the article title. Every new marketing client that engaged us in 2020 needed their website rebuilt. Here are the problems presented to us that are clues the website is part of the problem:
The depth and longevity of an entrepreneur’s success depends on many factors. Things like industry, work environment, world events, leadership style, personality, grit, and more come into play. In most cases, the motivating factors that drive entrepreneurs to “just start” are the same ones that ultimately lead them to success. I wanted to personally explore the characteristics/expectations of entrepreneurs and businesses that last, especially those that last amid hardship. I interviewed four CEOs who exemplify what it takes to attain longevity in business and weathered the last financial crisis. I asked their advice on how a business can survive the COVID-19 pandemic and much more. My lineup of experts include: Bruce Fikowski, CEO of GetAssist Inc. and Controller of The Crossing Resort INTERVIEW Pranay Rajgarhia, Founder and CEO of SolidCircle INTERVIEW Jeanine Kinzie, Co-Founder of Great Lakes Insurance & Financial Services Agency INTERVIEW Jennifer Ettinger, Founder of Pink Dreams Inc. INTERVIEW While each interview delivered its own set of fruitful insights, all of the business leaders I spoke with agreed on the following thoughts and standards pertaining to business longevity and weathering hardship: View and treat employees like family Fostering strong work relationships from the get-go indicates that you truly have your employees’ backs. When you treat your business team like your extended family, trust and open lines of communication remain at the forefront, making tough times feel less tough. Pranay Rajgarhia makes an excellent point when it comes to mindfulness when hiring. “When we hire employees we have to hire them for a cultural fit more than a technical fit,” he said, as “this makes for a family-like environment which makes times like these easier to weather.” Cut costs immediately so there’s a business to come back to Cutting costs right away is one of the most painful-yet-necessary things to do when your company is faced with unforeseen circumstances. Our experts suggest taking a close look at all incoming revenue and outgoing costs and cutting anything that isn’t absolutely crucial. This could mean anything from cancelling subscriptions, to temporarily letting employees go, or anything between. The goal is to make the pain as short-lived as possible, according to Bruce Fikowski. “Make the hard decisions quickly. You don’t do yourself, your company, or your employees any favors if your business isn’t going to be there when the crisis is over,” he said. "You don't do your employees any favors if you business isn't going to be there when the crisis is over." Relax and regroup to be the best leader you can be As the leader, your employees look to you and will naturally follow your lead. That’s why it’s crucial to give off calm and collected vibes (even if you’re not actually calm inside). Take enough time to relax, breathe, and brainstorm what you’d like to say before approaching your team with difficult news. Rajgarhia knows all about this calm leadership style, as he implemented it while weathering the early-2000’s recession. “Right now is a time where we need to pull together rather than panic together,” he said. "Right now is a time where we need to pull together, rather than panic together." Be willing to make sacrifices From my research and interviews, it’s very clear to me that entrepreneurs are full of grit and determination. They’re willing to downsize, streamline, get creative, and rise to the occasion when they’re called upon as a leader. In other words, they’re willing to make significant sacrifices in order to keep things going. Jeanine Kinzie and her husband sold their beloved home on a lake in 2010 in order to keep the business going. Pranay Rajgarhia left a secure corporate job with his first child on the way, to create a solution to a need he saw. Jennifer Ettinger shared a story of selling her prized possessions to be able to pay her employees. "I believe in faith, and that it’s going to work out and that I need to get my ego out of the way during difficult times…" Maintain a positive mindset, as the crisis will pass Entrepreneurs can make sacrifices when they hold the belief that things will get better and when they believe in what they are doing. “I really believe in faith, and that it’s going to work out and that I need to get my ego out of the way during difficult times… Whether I create a different program or am wearing a different hat, doesn’t lessen who I am as a business person. And I will find the new people who will attract to the new program, or the new ways, or the new me," says Jennifer Ettinger. "It will come together, and it’ll be so worthwhile when it does." The saying “tough times don’t last, tough people do” sums up the grit of entrepreneurs and is an excellent reminder that current hardships likely won’t last forever. “I believe in faith, and that it’s going to work out and that I need to get my ego out of the way during difficult times… Whether I create a different program, or am wearing a different hat, doesn’t lesson who I am as a business person. And I will find the new people who will attract to the new program, or the new ways, or the new me." Jeanine Kinzie decided to “tough it out” with her health insurance business despite threats from the Obamacare implementation in 2010. Sticking it out and remaining positive paid off, as Kinzie’s business actually continued to grow. Kinzie encourages business leaders to simply put one foot in front of the other every day. “It will come together, and it’ll be so worthwhile when it does,” she said. Bruce Fikowski shared the same sentiment when he said, "Be relentless. Don’t give up hope. Dig in, do the work, it will pass." As businesses start to reopen into a new way of existing with so much still unknown, likely hard decisions will still need to be made. Keep these lessons learned by those who walked before you in mind as you face tough choices and weigh the costs of making them. Know that you are not alone, and there is a community of entrepreneurs to support you. Because that is another characteristic of long-time founders, they are generous in spirit and ready to encourage and cheer on the next guy coming up earning his or her badge of honor. Learn how one brave entrepreneur approached COVID19 just as she was about to open her new art studio and school, Brave Art Studios & Gallery. She shares why it is so important to be marketing even when things are shut down and how the STS Marketing Academy has helped her do it more strategically.
Paulette Carr - https://www.facebook.com/BraveArtStudiosandGallery/ learn to market like you plan to be in business! In the final episode of our Business Survival Guide where I interviewed 4 CEO's who are models of longevity in business and the true entrepreneurial spirit, I interview long time (16 years) colleague, client and friend, Jennifer Ettinger, CEO of Pink Dreams Inc. a Social PR Agency.
“I really believe in faith, and that it’s going to work out and that I need to get my ego out of the way during difficult times… Whether I create a different program, or am wearing a different hat, doesn’t lesson who I am as a business person. And I will find the new people who will attract to the new program, or the new ways, or the new me." Jennifer Ettinger Learn to market like you plan to stay in business. "Rebecca and I have worked alongside one another for 16 years. She started as my Brand manager and blossomed into her own full-service media agency @startuptosuccessmc . She suggested we bring back my newsletter, and within 10 minutes of sending out, I had an invitation for a brand collaboration and a sale! Have a listen as Rebecca she shares her “top tips”for moving your business forward through unsettling times."
https://www.stsmarketingacademy.com #AtHomeWithJen #DigitalSeries #socialtv #socialmediacorrespondent #startupforsuccess #marketingstrategy #entrepreneurlife #marketingtips #togetherathome https://www.pinkdreamsinc.com @pinkdreams.inc @fityourstyle |
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