Successful entrepreneurs share several common features and traits, often developed through practice and perseverance. More than likely, you already have some of these traits if you explored becoming an entrepreneur.
- They Are Fearless – Few people are fearless. Most of us entrepreneurs, however, learn to push through boundaries and accomplish results through the fear. Fearless refers to being bold, spunky, and courageous. When my colleagues learned I wanted to train parents to help each other through coaching, they concurred that the need was great. The idea of peer-to-parent-coaching was bantered about through many discussions.
- They Make Actionable Plans – An entrepreneur makes plans that are actionable. Making plans, setting goals – that’s just part of the process. Doing is more important than any of that. When ACPI was discussed as a viable business, I had interviewed six people who had successful businesses, and their advice moved me forward to take action and devise a solid plan.
- They Understand Cash Flow – New entrepreneurs think that income is an indicator of success. However, the truth is that businesses fail even with adequate cash flow. Cash flow management is a critical element in running a successful business. Work hard to understand cash flow needs to be consistent, and also develop an additional financial account for backup. Believe me, just knowing an amount is set aside for emergencies, will keep you from being overly stressed. You will feel creative and excited to see the business evolve.
- They Know It’s Not About Them – You’ve heard the cliche before - the customer is always first. A new entrepreneur feels this and learns to separate his wants and desires from the customers’ desires. The customer should drive your products, services, and even price point more than your passions and dreams.
- They Aren’t Afraid to Self-Promote – As an entrepreneur, you have to let go of shyness and promote yourself. Become the expert. Be known as the “go to” person in your niche, You can’t get there if you are too afraid to be a self-promoter. Tip: Create something valuable that you’re proud of and it’ll be easy to promote it.
- They Take Action – Entrepreneurs are doers in addition to being people with good ideas. They know how to put ideas into action. They’re good at identifying opportunities, being innovative, and creating value to implement the ideas. To take action you need a clear vision, and you must be willing to overcome obstacles that get in your way.
- They Understand That Change is Inevitable (and good) – Every business that exists today will not be here tomorrow. Think how the past technology as VHS tapes have evolved. They don’t exist now, but businesses that kept their eye on the future adapted and started creating other types of storage like DVDs.
- They Listen – One skill that a successful entrepreneur has is the ability to listen to what their audience is saying. Open your ears and listen to other people’s ideas, listen to their criticisms and their desires.
- They Keep Learning – Knowing how to research and evaluate the market, their customers and competitors is a very important skill that they have honed. It will help them avoid making errors, and they’ll know how to best promote it.
Developing an entrepreneurial mindset and building your personal, business skills move you forward to fully embrace success.
Each of us, who works online, knows that you build your list of e-mail addresses for successful marketing on the Internet. Your compilation of email addresses is your single, most powerful tool.
You already have the e-mail addresses of the people who may be interested in what you have to offer. Why not sell items that are related to topics in your email messages. The person, who trusted you enough to provide their email automatically, gave you the consent to communicate. The informative tips in this blog discuss how to build your list in successful ways.
Tip Number 1: Blogging is king.
More precisely, regular blog posting is king. Starting a blog can be easy or difficult, depending on how you approach the task. The easy way is to automate your blog as you establish it. WordPress (WP) is one such tool of choice. It works on plug-ins and templates. You create a customized look without the problems using coding.
If you can post a blog entry once a day, then you are doing well. I chose to post a new article every 3rd day. The timing allowed me to market each piece for several days on my social media accounts with the idea of generating leads to build your list.
Tip Number 2: Stay relevant.
Whether you are posting blog entries or sending e-mails to the addresses on your list, you need to stay on topic. If a client sees your facebook post, and then receives an email with useful information on another aspect of the same issue, they can connect the dots between you, the topic, and the varied streams of information.. You then maintain focus on the very subject that got people interested in the first place.
When you move away from the topic of interest, people will start skipping over what you send them. If they lose interest, then next step is marking your messages as spam. To make a transition to a new or ancillary topic, state the reason to move from topic one to topic two Use proper paragraphing can achieve this effect of movement.
Tip Number 3: Make a proper squeeze page.
A squeeze page (no, I don't know why it is called that!) is a straightforward webpage built with an offer for visitors in exchange for their e-mail addresses. Sometimes the email is a way to access an online course, download a free ebook, or gain access to a membership site.
Examples of squeeze page software are Clickfunnels and Leadpages”
Don't confuse the squeeze page with a sales page. A squeeze page asks for an email in exchange for information or a gift of sorts. A sales page does sell your services and products that are displayed on the pages along with price points. What you put on a squeeze page is the premise of your service and sales content and headlines.
Tip Number 4: Skip the video on squeeze pages, or people will skip it.
Video works for generating leads, verifying your expertise, and convincing visitors to buy. People who visit your squeeze page and opt-in are the impulsive personality type. They come to the squeeze page to download what you offer. Mostly, they aren't the patient type, even with high-speed broadband, to watch a video.
By keeping your squeeze pages free of videos, you allow it to load quickly and cleanly. Your visitors get to read the salient points right away, and they will opt-in during that magic moment when they decide they like what you do and represent.
Tip Number 5: No heavyweight effects on your squeeze page
In addition to not putting videos on your squeeze page, also avoid media that consume high bandwidths. I have seen audio files, sparkling glitter, and falling raindrops on websites. The site was pretty, but...
Sounds and music slow down the loading time of the website. Ensure that images are compressed too. Smarter Internet users block media from untrusted sources, so your special effects are just left out, and you do not lose your intended impact.
Tip Number 6: Use video in your posts!
YouTube has made publishing videos a breeze, and it is free, which means you can get a stronger emotional connection with your audience. Facebook Live offers a shorter video opportunity if you have a tribe or group with whom you teach and converse.
For awesome impact, add videos to blog posts. While some people prefer to read, higher numbers of people like to watch and listen. By including a video in your well-written blog posts, you can generate leads from the readers as well as the listeners.
Tip Number 7: Video responses are cool
Use videos in marketing blogs to respond to your clients' essential questions. Your followers will know that you do care about what they think and ask because you take the time to create and post videos for them. Picking out the questions that matter most is the tricky part. Another tricky part is staying on topic as you discuss questions and answers. You can answer off-topic questions through email. Another way that videos work for you is that answers generate traffic and boost your popularity.
Tip Number 8: RSS is your friend
RSS refers to “Really Simple Syndication.” The idea of using RSS to publish your blog posts is that it can publish your media to any RSS reader who is tuned in and signed up for your feed. When you post a blog entry, video, or an audio podcast, then those who chose to receive RSS data from you will get an update on their RSS readers. It’s like they get a personal notification every time you put something up online.
Tip Number 9: You can substitute audio for video
If you are not confident about your appearance on video or want to keep your online footprint as small as you can, then using audio instead of a video is a perfect solution. The most important advantage of audio over a video is that it consumes less space and is downloaded quickly.
Tip Number 10: SEO
Search Engine Optimization, also called SEO, is a set of procedures that guide you to fix your web pages and their content, so search engines (like Google and Bing) feature it higher among results for relevant searches.
In practice, SEO is complicated because the rules change over time. Is it worth your time to learn and complete SEO for your site? Or, are you the type of business person who hires a support person to create SEO for your website? Unless you have a fast learning curve, hiring this task out might better serve your goals. At least, once I learned all about SEO, I did hire another person to complete my sites and I learned best practices also.
Knowing what client problems you solve (and for whom) is the next step. You need to know what outcome your clients will achieve.
If you've ever written a sales page, then you're familiar with the concept of features vs. benefits. Features describe the product. Benefits are the outcome of purchasing and using the product.
- A feature of a showerhead is that it’s “low flow.” The benefit is that you save on your water bill.
- A feature of exploring relationship issues is to identify personal desires and develop a plan to meet those desire.
- A feature of your new curtains is that they block light. The benefit is that you can sleep in on the weekends.
- A feature of your coaching program is that you are an expert in a specialized niche. The benefit is the outcome your clients will experience.
When you're thinking about the result you provide, try to see it from your potential client's point of view. The client problems cause her to struggle to find a solution.
- What will her life or business look like once she's completed your program?
- Will she make more money? How much? In what time frame?
- Will she find her dream date? Get engaged? Married? How soon?
- Will she grow her email list? By how much?
This significant benefit—or desired outcome—is what will sell your coaching program, which solves client problems, and is the light at the end of the tunnel in which your client is stuck. Every aspect of your coaching program should lead in this direction.
You may feel challenged now, as you determine to create the desired outcome of your coaching package. Real case studies and testimonials—and even your own experiences—can help.
Look to your past clients and their achievements. What have they gained as a result of working with you? Chances are you have some testimonials you can turn to for details, but if not, don’t be afraid to reach out to them to ask about their results.
Pro Tip: Create an “exit interview” as a part of all your training programs—both group and 1:1—so you can find out about results, ask for testimonials, and make improvements to your programs as well.
Exercise: What Will Your Client Achieve?
As with your statement of the problem, write the desired outcome of your program. (Example: My clients learn to dramatically scale their marketing efforts to triple their income within a year.)
For parenting and family coaches, building a sales funnel offers a method for planning your monthly income, especially if your income bounces from high to low. The erratic approach can drive you nuts. Welcome to the series on funnels - sales, product, or client.
What Is A Funnel?
For an online business owner, sales occur after a series of steps, which is the funnel. A sales funnel is a fundamental marketing tool. However, many new and experienced entrepreneurs have no clear understanding of what a funnel is or how it works. Read on...you'll see how necessary a sales funnel is for a stable income and business growth.Imagine: You want a client to purchase a parenting book - that is the end goal. You start by inviting the site visitor to read any content on the blog, or a landing page on your web site associated with the book topic. The funnel refers to the how you lead a customer through the buying process.
- The basic sales funnel starts with free content. This typically begins with blog posts, videos, or social media content from Facebook or Instagram, and other information readers can access at no cost. This is the “top” of your funnel.
- Next, you’ll have an attractive offer that requires a very small exchange: trust me with your email, and you receive this offer. You’ve seen this type of offer all over the internet, and likely signed up for some. The offer might the free ebook or guide, video series, checklist, class, workbook, or other valuable content.
Once on your mailing list, you’ll then present your readers with a series of low-cost offers. Perhaps you have a low-priced ebook or a trial membership.
Customers who purchase your low-priced product move further down the funnel, and are presented with more, higher priced products. As they continue to buy, they move closer and closer to your top-end offers, which make up the bottom of your funnel.
How Your Funnel Works
- If you imagine a funnel, you can see that free content—at the top—is consumed by the largest number of readers. Below that, your extreme low-cost item (available only for the cost of an email address) attracts a smaller subset of the true freebie seekers. Next, your low-priced products bring in yet a smaller group.
- Finally, as you near the tip of the funnel, only the loyalest of fans and customers will purchase your highest priced offers.
Your job, as the business owner, is to ensure that your funnel leads buyers naturally from the top, free offers all the way to the bottom. The more buyers you can keep in your funnel, the more money you will make.
Most new—and even established—business owners can easily envision the top of the funnel, but if you truly want your business to grow, you must master the entire process, and that starts with understanding what a funnel really is and how it works.