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How Using A Vision Board Can Help You Achieve Small Business Success

by Melinda Emerson on January 10, 2012 in Business Inspiration, Guest Articles

If you look at personal or small business success, in retrospect, it all started with a goal. And depending on the size of a goal, there can be a wide spectrum between that goal and what can be defined as “success.” So how can that gap be bridged so it is manageable and your goal is attainable?

This is where a vision board becomes useful as a tool to facilitate achieving goals. A vision board brings the concept that “seeing is believing” to life and serves as a powerful catalyst and reinforcement for making big things happen. Here is how the process works:

Have a goal. You start with a goal that you have, whether it is big or small. It may be a short-term goal or even a long-term one. And it can be quantitative or qualitative. The possibilities are endless here and your aspirations are uniquely yours; so be bold with your dreams!

Have an idea of what it looks like. This requires visualization which is where a vision board comes in. With a vision board, you create what your goal will look like by using words, symbols, pictures, etc. to represent your goal or the journey to get there. Inherent in this process is the translation of your goal from a mental image to something that is more tangible.

Believe in it. Now that you’re able to see your goal, it becomes more real and more of a possibility. You begin to believe that it is attainable and that you can have your preferred outcome.

Get others to believe in it. When you strongly believe in something, you become passionate about it. As this passionate radiates from you, it becomes contagious. Others begin to see what you see, they believe in it, they are willing to support you in achieving it, and they hold you accountable. You develop a support system and network that is committed to your success.

Develop a strategy. Figuring out how you will achieve your goal is important. Develop actionable steps that will get you there. Maybe you need to do two things per week, have a certain level of profit each month, or have a certain number of customers each quarter. Whatever the goal is, you need to have a roadmap. Seek feedback from your network to avoid tunnel vision.

Act toward your goal. Once you’re through the preparatory stage, it is time to act. Take the steps you’ve outlined, but also be open to changes that you may need to make along the way. Be ready for detours and speed bumps, handle them as they come up and keep forging onward until you reach destination success.

From the beginning of this process through its completion, your vision board serves as a daily reminder as to why you’re putting in hard work and being persistent. It is a powerful tool that helps facilitate behavioral change and once complimented with your consistent effort and support network, any goal can be achieved. Take this approach as you plan to take your small business to the next level in 2012.

How has a vision board helped you in the past? Do you plan to use one in 2012? Share a link if you already have one!

Dasanj Aberdeen is an entrepreneurial spirit who embodies the combination of left-brain logic and right-brain imagination as a businesswoman and artist. Sh founded TheAfter5Edge.com as a platform for encouraging others to optimize their potential by discovering and leveraging their strengths to obtain their competitive edge. She is a graduate of the Wharton School of the University of Pennsylvania. Follow her on Twitter at: @TheAfter5Edge.

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Ready to dream big in 2012?

by Melinda Emerson on January 4, 2012 in Business Inspiration, My Recommendations, Your Small Business

Which road do you choose?

Are you ready to dream big in 2012? This is the perfect time to get a clear sense of what you need to do better in your business. Setting annual sales goals is fine, but you know me. I am all about the 30-day sales goal. As in, how much money do you need to make this week? It becomes a lot more real when you focus on your revenues it this way. Another great trick I use at the beginning of every year, I make a target list of people I want to meet and or do business with. Then twice a week, I reach out to some of the folks on my list via phone call, personal note, linkedin or email.

At the end of last month, I pulled the SmallBizLady team together for a retreat. During our three days together, we did an annual review of the good, the bad and what we better never do again in my business. I held the retreat at my home, at my home at the beginning of December to make it half fun / half work. Once we did the review, we planned for 2012. Too often we run our businesses in a reactionary mode. We swing from tree to tree and go from fire to fire. That is draining and exhausting and great way to get yourself on the fast track to burn out. We you take the time to set goals, you can stay focused.
Think about what you want to have happen in your business in 2011. Now, create a strategy that will drive your desired results for 2012. This will quickly help you figure out what you need to stop doing right now.

Here are some clarifying questions to consider:

· Do you need to add to your team? (You can only be an army of 1 for so long)
· Are you set up operationally for a huge sale or major media exposure?
· What are you doing to engage your online community?
· How are you going to attract new clients?
· Are you charging enough?
· What are your highest revenue generating activities?
· Is there a new niche market that you want to pursue in 2012?
· What are the best lessons you learned in 2011?

Once of the biggest lessons I learned in 2011, is that I needed to say No more often. Here’s my five best techniques for saying no to projects, employees, and potential clients that you know deep in the back of your head are going to be more trouble than they are worth. Try these when someone comes at you with foolishness.

No! It is a complete sentence.
I couldn’t possibly do that!
Nope, can’t do it! It’s not in the budget.
What?? Are you crazy? NO!!
Absolutely, NOT going to happen!

Do you have any more ideas for how to get your 2012 started off right? I want to learn your techniques.

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small businessfailure. As CEO of Quintessence Multimedia, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine recently named her the #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog www.succeedasyourownboss.com Melinda is also the author of the national bestseller Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works. (Adams Media 2010)

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SmallBizLady 2011 Year in Review

by Melinda Emerson on December 21, 2011 in Business Inspiration, Your Small Business

Wow, it has been an amazing year. The SmallBizLady Team has worked hard providing information to end small business failure. I feel so blessed to have had an opportunity to travel the country and talk directly with small business owners about how to start and stay in business. There are so many big things to highlight from 2011. I travelled to 14 states this year on official SmallBizLady business (and I’m silver and gold preferred on an airline and with a hotel chain to prove it.) I was pushed and pulled in many unexpected ways this year. I learned so much and updated my skills.

The year started off in January with a bang. I landed on the front page of the Washington Post Business section as my book Become Your Own Boss in 12 Months http://succeedasyourownboss.com/products/purchase-the-book/

was named the Color of Money book club pick of the month by personal finance columnist Michelle Singletary. http://www.washingtonpost.com/wp-dyn/content/article/2011/01/15/AR2011011502644.html This article was syndicated in over 100 newspapers across the country and it pushed my book into a second printing.

In February, I got on a war path about branding. It is my desire to help small business owners understand that their web presence and social media footprint were a critical element in small business success. I led my revolution with my column on www.SecondAct.com Are You Googleable? http://www.secondact.com/2011/02/are-you-google-able/

In March, the Philadelphia Business Journal named me as host of #Smallbizchat a Social Media Star in the Greater Philadelphia Region. http://www.bizjournals.com/philadelphia/print-edition/2011/03/25/melinda-emerson-smallbizchat.html We also kicked off BYOB2011 Conference National Tour.

In April, my co-host Tai Goodwin and I celebrated the two year anniversary of #Smallbizchat with two special guests. Real Estate Mogul Barbara Corcoran from ABC’s Shark Tank joined us for an audio interview http://www.blogtalkradio.com/smallbizradio/2011/04/27/small-biz-lady-melinda-emerson-interviews-barbara-corcoran and Alan Weiss, Author of Million Dollar Consulting. http://succeedasyourownboss.com/04/2011/smallbizchats-100th-show-small-business-legend-alan-weiss/ These two business legends are people whom I have always admired. It was my honor to share their powerful advice.

May was National Small Business Month. I travelled the country teaching people how to become their own boss, build a social media brand, keep the sales going in a small business. I lectured for the MIT Sloan Sales Conference, Virginia Tech Women’s Leadership and Philanthropy Conference, Black Enterprise Entrepreneurs Conference, U.S. Chamber of Commerce Small Business Summit, Delaware County Community College, and my own BYOB2011 Conference in Washington, D.C.

In June, I kicked off the national campaign for the Pitney Bowes Small Business Makeover Contest and started writing for www.pbsmallessentials.com

In July 2011, I started doing monthly appearances on NBC10 in Philadelphia’s 10! Show on small business tips. http://www.nbcphiladelphia.com/shows/10-show/Build_Your_Own_Business_At_Home_Philadelphia-127247128.html

I headed to Boston, MA to speak at the National Urban League conference. I had an unexpected death in my family that took me back to Alabama to honor my dad’s baby brother too. It was a sad occasion, but it was great to see all my relatives. I also got a chance to hang out with one of my small biz owners for some quality one-on-one time.

In August, Become Your Own Boss in 12 Months was the book of the month by Verizon Small Business http://forums.verizon.com/t5/Verizon-Small-Biz-Blog/bg-p/SMBBlog/label-name/melinda%20emerson and I was a guest expert on a live Tweetchat. I also had a major honor as I lectured at my father’s alma mater Alabama A&M in Huntsville, AL. I also swung through Houston, TX for the National Sales Network and my BYOB2011 Conference. Later, I hit the road with the team from Pitney Bowes to visit the five grand prize winners who won the Pitney Bowes Small Business Makeover contest. Fellow small business experts Jane Applegate, Matt Mansfield, and Phil Simon went on the road with me to Fairfield, CT, Huntington Beach, CA, Knoxville, TN, Leesburg, FL and Melbourne, FL. I really loved spending time with the contest winners. They were all special, and I am confident that the advice we gave them will grow their businesses. Shel Israel also wrote a profile piece for American Express Open Forum http://www.openforum.com/articles/how-melinda-emerson-became-the-online-pal-for-small-business

In September, I packed up the family and headed West to Wyoming and Yelllowstone National Park. I keynoted the annual Wyoming girls conference hosted by NorthEast College in Powell, Wyoming. It was the first time I have travelled to Wyoming. It was a delight to speak to 9^th and 10^th girls. (I was nervous, but it was awesome.) This was a great trip because my mother and son were with me. Family is so important to me. It was great to share that experience with them.

October, my birthday month, took me to Portland, Oregon for the National Association of Community College Entrepreneurship Conference, NAACE conference where I lectured on a few difference subjects, but I was most excited to talk with the entrepreneurship professors about how to use my book and workbook Are You Ready to Become Your Own Boss http://www.amazon.com/gp/product/0979983916/ref=cm_sw_r_tw_alp_tQ8Nnb1NCK52Y to teach small businesses on the college level. Fedex Office, hosted a live tweetchat with me on ow to recession proof your business and I was a featured speaker for the Pennsylvania Conference For Women which was right in Philadelphia in my backyard for a change. The SmallBizLady Team also conducted the final BYOB2011 Conference for the year.

In November, the team had three big opportunities. I lectured at Brand Camp University in Detroit, MI and then I went to NYC, The New York Expo to lecture to a standing room only crowd on How to Niche to Get Rich. (One of my favorite subjects) And the Wall Street Journal thrilled me by quoting me as article about whether realty stars could be legitimate small business owners. http://online.wsj.com/article/SB10001424052970204449804577068600801965064.html

In December, has been a whirlwind of activity. I started the month in NYC appearing on MSNBC’s Your Business http://www.youtube.com/watch?v=c2KEuthazEI and I moderated a panel for Inc Magazine’s 1^st annual Women’s Summit. I pulled The SmallBizLady Team back together in Philadelphia for a retreat at my home to plan the strategy for 2012. The Philadelphia Inquirer made my Christmas bright with a profile story by Diane Mastrull titled SmallBizLady: Using social media to spread small-business advice

http://articles.philly.com/2011-12-19/business/30534422_1_social-media-small-business-twitter-fans and a Yahoo small business quoted me in an article on 7 Tips to start a business in 2012 http://smallbusiness.yahoo.com/advisor/7-tips-for-becoming-your-own-boss-in-2012.html

With a 2011 like this, I can’t wait to see what is in store for 2012.

What was your biggest accomplishment this year?

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading smallbusinessexperts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small businessfailure. As CEO of MFE Consulting LLC, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine recently named her the #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog www.succeedasyourownboss.com Melinda is also the author of the national bestseller Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works. (Adams Media 2010)

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12 Things To Do Before 2012

by Melinda Emerson on November 28, 2011 in Business Inspiration, Grow Your Business, My Recommendations

Today, kicks off the last three work weeks of the year. In addition to landing those key contracts and commitments and getting those holiday cards in the mail, it’s time to get your house in order in your small business. You want to be organized and ready to do business heading to the new year. As small business owners, we do not get lots of time off. It is important for us to prioritize tasks to manage all that we juggle on a daily basis.

In order to get things started off right in the New Year; I need to add a few more things to your to do list. Here are 12 Things To Do Before 2012:

1. Update Your Bio and Resume. As you head into the new year, take the time to reflect on your accomplishments this year. Have you won any awards? Got some media attention? Landed any new Fortune 500 clients? Launched any new lines of business? Any and all of these accomplishments should be reflected in your bio, resume and your social media profiles, especially on LinkedIn.

2. Create 2012 Folders. Create new files in your computer for all of the key files that you use on a regular basis ex: contracts 2012, coaching clients 2012, blog content 2012 etc. This is also a great time to start using dropbox.com to back up all of the files that you use in your business. Start using the cloud, so that you can share files and protect your business operations.

3. Update Your Pricing. If you haven’t raised your prices in over two years due to the recession, it’s time to revisit all of your costs and make sure that your are pricing to make a profit. You do not run a charity, and I know you do not want to be a glorified hobby, so make sure there is enough profit in every sale.

4. Update Your Website. In the new year make sure your website or blog has a new look. Even adding a new header graphic can make a big difference. Create new ways to engage your target customers. Add a new giveaway, checklist or coupon offer to your website. Make sure that you at least update the copyright signature to 2012.

5. Export Your Contacts. Make sure you have all of your contacts are backed-up. Export your contacts into spreadsheet from LinkedIn, Facebook and your CRM system.

6. Clean Out Your Inbox. Start 2012 fresh with no old emails. If you haven’t read it by now, it is simply not that important. And if you subscribed to anything you haven’t been reading take this opportunity to unsubscribe.

7. Get a New Professional Headshot. If you have changed your appearance in any way, you need a new head shot. Be sure to get it professionally done, the photo from your cellphone is not appropriate. Be sure to smile and look friendly. Ladies, be sure to get your makeup professionally done.

8. Collect Updated IRS Forms. Make sure you get up-to-date W-9 forms and/or W-4 on all freelance and full-time employees. The IRS requires that W-2 and 1099 forms be mailed by Jan 31, 2011 to all workers paid over $600 this calendar year.

9. Develop a 2012 Target Customer List. You should have a list target clients I want to have. Monthly, I check my list against my sales activities. Challenge yourself by putting some big fish on the list. It’s a great way to keep your sales processes going.

10. Update Your Personal Theme Song. For years I have used Golden by Jill Scott and I have decided to make a change in 2012, I’m now using For the Love of Money by the O’Jays. Be sure to pick a theme song that makes you feel good whenever you hear it. Have it handy so you can rock your theme music whenever you need to remind yourself why you started your business.

11. Develop Signature Content. If you are going to be using content to build a social media brand in 2012, you need to spend time to develop great multimedia content. It’s the best way to firmly establish yourself as a thought leader in your industry. Remember, that people learn from reading, watching and listening to helpful information. I created the Emerson Planning System and the Triple ROI of social media. What will your signature content be?

12. Determine How You Will Keep In Contact With Your List. The most valuable thing in your business is your potential and existing customer lists. You should plan how and when you will communicate with your target customers. Options include email, video posts, direct mail, phone calls, special offers/ coupons.

Do you have any more tips for tasks before 2012 for small business owners?

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of Quintessence Multimedia, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine named her #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog http://www.succeedasyourownboss.com Melinda is also bestseller author of Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works.

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Are You on the Path to Reinventing Your Small Business?

by Melinda Emerson on November 15, 2011 in Branding & Marketing, Business Inspiration, Grow Your Business, Women in Business

Small biz owners are reinventing their businesses all the time, especially in this economy. Old ways of doing business just aren’t working anymore. I’d love to be able to tell you that there are set of linear phases that every small business owner goes through while you’re reinventing your business and marketing models…

…but if I told you that, it would be a lie.

But there are some well-known phases that you might go through, sometimes circling back to one you thought you already finished, and skipping others completely. All these phases require you to put on your CEO hat and take a step back from daily busyness to look at the big picture.

Here is a short list of some of the signposts you’ll encounter on the road to reinvention:

I know/feel/sense/think something needs to change – You find yourself pausing in the middle of the day and asking, “What’s next for me and my business?” People report feeling restless or frustrated, knowing deep in their heart and mind that the business needs a fresh new approach.

Finding clarity on goals – If you spend time tapping into your goals for your business (and for yourself personally), you’ll find that it’s easier in the next phases to explore and choose the right business model for you. Is there a particular problem you need to solve? A particular dream you’d like to achieve? Values you’d like to express into the world?

Exploring the possibilities – In this idea-generation phase you explore every aspect of your existing business model, looking for places to add, modify and discard. Since there are 9 areas to explore, you’ll have plenty of space to be creative. Even the craziest of ideas can be a springboard to a new business and marketing model.

Making a road map – This is where you design your new business and marketing model, keeping what still fits from your old model and mixing in the new ideas you’ve generated. This is also where you create your transition plan and map out where and when changes will take place, and what resources you’ll need to make it happen. Now you’re thinking like a business owner and not just a worker-bee!

Taking the journey – Implementing your business model changes can happen in a week or it can be a two-year process, depending on how complex the changes are and how many resources you have at your disposal. This is often a journey through the weeds and can be rough going. Why? Because you have to continue to run your existing business (unless you’re independently wealthy!) while creating your new business at the same time. Managing change can feel like a juggling act.

You’ll know when it’s time to start thinking about transforming your business. And now you know you’re not alone in thinking that way: people before you have been down this path and emerged victorious!

Where are you on the path to reinventing your business?

Karyn Greenstreet is a self-employment expert and business reinvention strategist. She shares techniques, skills and strategies about the 9 areas in your business where you can reinvent and transform. Visit her business reinvention website at www.RoadmapToReinvention.com

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Are You Ready To Finish the Year With a Bang?

by Melinda Emerson on October 31, 2011 in Branding & Marketing, Business Inspiration, Grow Your Business, How to Start

This past weekend I conducted my last BYOB2011 Workshop in my national tour. I held the last one in Philadelphia, my hometown. The focus of the tour was on three things; How to Become Your Own Boss, How to Develop a Killer Marketing Plan and How to build a Social Media Brand. For the last year I have travelling the country teaching small business owners and would-be entrepreneurs the Emerson Planning System, How to align their marketing and sales activities and how to leverage social media to grow their businesses. I thought it would be helpful to highlight what I have been teaching. Here are 7 tips to finish the 2011 with a bang, and go into 2012 with a plan for success.

It’s Time to Update Your life plan. The cornerstone of the Emerson Planning System is to develop a life plan and a vision board. Your business goals and your personal goals must align or you could lose your business and your family. Once you have a life plan create a vision board. You can use the board as personal motivation to remind you why your work so hard. My life plan is taped on the wall near my computer monitor so that I have a daily reminder of my big picture goals.

BYOB also stands for Be Your Own Bank. Your ability to save has everything to do with your ability to start a business. The nature of business has changed and you will need to fund your own enterprise. The most you can borrow is a microloan for $25K, most people can life off that and launch a business, so the money needs to come from somewhere. I suggest you look in the right or left pocket.

90 percent of Success is Self-confidence. If you don’t believe in your business no one else will. Fake it until you make it! Look yourself in the mirror (like I do sometimes), and say Girl, you are doing IT!!! Most business problems are not so well hidden personal problems. Learn to compartmentalize your drama and stress and get your work done. You must stay focused.

Be an Agent of Convenience. Small businesses who are still getting big business in this economy are making it easy for their customers to say yes. They solve problems before the customers can say ouch. They understand industry trends. They use metrics heavily. They know the value they bring to the table. They can accept all forms of currency. They brainstorm with their clients for free because they care. What kind of agent are you?

Plan Sales in 30 day Increments. Your biggest concern should be how much money you need to make in the next 30 days. Once you breakdown your sales goals by month, you can easily breakdown how much you need to generate each week. Doing this, will help you get more aggressive about your sales process. You can also plan your marketing activities around lead generation.

Done is Good Enough. Your small business brand will evolve over time. Don’t be one of these people who have not released your new website or newsletter because you are still messing with your logo or layout. No one cares about your logo but you, and you can always revise it later. Just get it out there. Get feedback, and adjust your branded as needed. You are supposed to cringe at the original art work years later.

Harness The Power of Social Media. As a walking social media brand, trust me when I say that social media is the best thing that has happened to small business owners. You must Listen + Engage + Add Value + Promote Others in order to be an Influencer in social media. You must build trust and credibility in order for social media to really work for you. Use social media to speak directly to your target customer.

I am looking forward to teaching more entrepreneurs next year with the BYOB2012 National Tour. The schedule of cities I’ll be coming too in 2012 will be released in December. Stay Tuned. Special Thanks for Corpnet.com and ConstantContact.com for sponsoring this year’s tour.

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of Quintessence Multimedia, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine named her #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog http://www.succeedasyourownboss.com Melinda is also bestseller author of Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works.

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5 Things Every Entrepreneur Must Do Each Day

by Melinda Emerson on October 17, 2011 in Business Inspiration, Cash Flow & Finance, featured, Grow Your Business, My Recommendations

Meditate— The worst thing you can do for your business is start each day in a race. I am strong believer in thinking about your day before you jump into it. I start each day in prayer before I leave my bed. I find that I am able to keep a positive disposition throughout my day regardless of what happens as a result. Years ago, Oprah Winfrey featured a book on her show called Simple Abundance; A Daybook of Comfort and Joy by Sarah Ban Breathnach. In it, she provides daily lessons about the concept of peace, joy and gratitude. This is a great book that I have used over 10 years to stay centered. If you start your day thinking about what you are grateful for it’s much easier to keep perspective when things go wrong. Running a small business involves 10 or more jobs at one time. Do yourself a favor, slow down and mediate on something before each day starts.

Know your cash flow situation– Cash is King! You have to know what your cash flow is, every single day, or you could lose your business. You should run your business based on a 30-day cash flow projection. You need to know how much money is coming in and what money needs to go out daily. You also need to stay on top of what invoices need to go out, and what the payment procedure is for each of your clients. Start collections procedures the first day after your money is past due. Never hesitate to call your client or the bank to get clarity about your cash flow situation. No matter what accounting software you use or what bookkeeper you hire, as the owner of the business you must know your cash flow situation every day.

Set aside 1 hour a day for business development– Work on getting in front of someone who may buy your product or service every day. Sales is the life’s blood of your business. Each day you must conduct business development activities in order to stay ahead of the competition. You can make calls, write emails, send thank you notes, Connect with new connections on LinkedIn, search for conferences and trade shows to attend, develop signature content, use social media to build relationships as lead generating activities. You need to make it a priority each day to spend at least one hour generating new business.

Follow-up with 3 three existing connections– People do business with people they like, know and trust, but you must nurture those relationships. Reach out to existing customers you haven’t spoken too in a while. Give three recommendations on LinkedIn. Send a lengthy personal note on Facebook. Make three calls or send follow-up notes with an article your read in the New York Times or Washington Post over the weekend. You will spend a longer time on these contacts, but they are further down your sales funnel, so they are worth it.

Get your plan together for the next day– One of my other favorite books is the 7 Minute Difference by Allyson Lewis. In this book, she says you need to do 5 things before 11am each day and anything else is a bonus. I love this and I do this every day. I make my list of the five things at the end of each day so I have a game plan for my day each morning. This, by the way, is also how I sleep well at night.

Do you have any suggestions for the daily priorities of a small business owner?

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of Quintessence Multimedia, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine named her #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog http://www.succeedasyourownboss.com Melinda is also bestselling author of Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works.

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10 Best How to Start a Small Business Websites

by Melinda Emerson on October 3, 2011 in Business Inspiration, featured, How to Start, My Recommendations, Uncategorized

Let’s face it– starting a small business is hard. There are lots of ways out here to fail in business. The secret weapon that I use for keeping my business strong is being a life-long learner. One of the ways I grow myself and keep my mind sharp is being a veracious reader. I read books, magazine, and a steady diet of business blogs and websites.

I scour the Internet each day, looking for articles, blogs, and actionable tips about small business success for my readers and followers. I thought I would share where I find the information that I often share, so you might build up your own online library of small business resources. There a few online resources out there that I think are the best resources on how to start a small business. Here are my 10 best picks for how to start a small business websites.

Entrepreneur .com. When it comes to educating entrepreneurs the first resource that comes to mind is Entrepreneur magazine. They have vast online resources including their business startup section, http://www.entrepreneur.com/startingabusiness/index.html. I also think they offer the most comprehensive how to start a small business information. They have how-to guides, startup basics, home based businesses, and sections on business ideas, financing and success story profiles. (In the interest of disclosure, I do write a monthly column for their sister website, SecondAct.com, but I was reading Entrepreneur long before that!)

Inc. Magazine has been educating small business owners over 30 years. They have an excellent series of how-to guides that cover everything from start-up to passing the business down to the next generation. One of my favorite sections is http://www.inc.com/tools where you can find templates for how to do just about everything from writing a business plan, to sales forecasting, to developing a job description

SmallBizTrends.com, is an excellent resource for small business owners. If you want to keep your business current. Regularly check out information on this site. Editor Anita Campbell is top notch and makes sure that she says on the cutting edge of the needs of small business owners. (Disclosure: I write blogs for this website on occasion.)

BlackEnterprise.com Black Enterprise magazine is my favorite small business magazine and their online resources for entrepreneurs are invaluable. While their content does not exclusively talk about small business ownership, they have great tips for college age business owners. They also have the Black Enterprise Small Business University which is free video training for small business owners available on their website. (Disclosure: I do write blogs for this website on occasion, and I am one of the instructors for the Black Enterprise Small Business University.)

Bplans.com This is a terrific resource for how to start a small business with a business plan. This free web site offers over 500 sample business plans that you can review for tips and insights. It is published by Tim Berry the creator of Business Plan Pro software, who is the Founder and Chairman of Palo Alto Software. This site also offers terrific blog content from small business experts across the web. (Disclosure: I am an affiliate reseller of business plan pro software.)

SCORE.org is an online mentoring program for start-up businesses and seasoned entrepreneurs. SCORE is a nonprofit association dedicated to helping small businesses start, grow, and succeed nationwide. There are more than 350 SCORE chapters nationwide, and you can get face-to-face coaching for your business as well. SCORE is a resource partner with the U.S. Small Business Administration (SBA), and has been mentoring small business owners for more than forty years.

New York Times “You’re the Boss” Blog. I love this blog from the New York Times because for the most

part it’s written by small business owners for small business owners. They give it to you straight in this blog and I often find great stuff in the daily posts to start and grow a small business.

TheWorkatHomeWoman.com The Work at Home Woman website is a resource dedicated to helping women and moms fulfill their dreams of working at home and/or becoming self employed, while providing inspiration, motivation and support. I like this website because it offers woman business owners and mompreneurs tips especially for them in business.

Lau nchwhileworking.com One of the key things I preach about starting a business is that people should start a small business as a side hustle while still working their full-time job. This website launch while working is all about how to do just that. This website is dedicated to helping would-be entrepreneurs simplify your life so you can successfully launch and run a business while working full-time.

S ucceedasyourownboss.com This is my blog, and I provide valuable tips to start and grow a profitable and sustainable small business 3-5 times a week. I offer a fresh perspective on small business ownership with how-to articles, audio interviews, and video answers to your small business questions. Every Thursday, I also feature Q&A interviews with small business experts who are me guest on my weekly twitter talkshow #Smallbizchat. I also make the transcripts available weekly on the site. I am the bestselling author of Become Your Own Boss in 12 Months and Forbes magazine named me the #1 woman for entrepreneurs to follow on Twitter.

Businessinsider.com Here’s an honorable mention to this list: The business insider blog is a great blog for entrepreneurs. It’s not always about small business, but they provide great trend information that often affects small business owners.

Do you have any other website that you use for fuel in your small business?

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small businessexperts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of MFE Consulting LLC, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine recently named her the #1 woman for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog www.succeedasyourownboss.com Melinda is also the author of the national bestseller Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works. (Adams Media 2010)

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6 Business Lessons for Under 30 Entrepreneurs

by Melinda Emerson on July 5, 2011 in Become Your Own Boss Tips, Branding & Marketing, Business Inspiration, Your Small Business

I recently had the opportunity to do a live Q & A call with a group called Under30CEO.com. They were a terrific bunch of young people many of whom were still college students. I wanted to share with all of you the advice I shared with them, because I think it could be useful for some of us over 30 entrepreneurs. Here are the 6 business lessons I shared with the Under 30 entrepreneurs, most of which can be found in my book Become Your Own Boss in 12 Months.

Go work for the competition: Find a company like the one you want to start and work for them to learn the ropes first. You will learn the industry, the best vendors, business processes, and you might even learn what not to do. Get yourself a mentor business to model your business after.

People skills are critical. Being a people person is one of the most important skills any entrepreneur can have in business. You must be willing and able to sell yourself and your product or service to anyone. You should be building a network 12-24 months before launching your business.

Live frugally. Save 20-40% of every paycheck. Your ability to save has everything to do with your ability to start a business. You will be able to fund whatever you want later in life if you protect your money when you are young. When you have debt driving your business you don’t make the best business decisions.

BYOB Be Your Own Bank. Only 3% of small businesses ever get funded. Don’t waste your time chasing venture capital unless you truly will have a million eyeballs on your business quickly. Start your business by funding it from within.

Constantly be learning. While you are still in college, take some business courses or if you can do a double major in business. Once you launch your business, attend leadership and business courses, conferences and workshops every year to stay on top of things and reinventing your skills.

Timing is everything. A wise woman once told me, “A good idea is still a good idea three weeks from now.” Don’t be in such a rush to launch your business. Do your homework! Know your customer. Know your secret sauce and how you will stand out in the marketplace. And know your competition and how you plan to deal with them. All of this preparation will enable you to be really confident when you strike out in business.

Do you have any other suggestions for under 30 entrepreneurs?

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SmallBizLady’s Summer Reading List 2011

by Melinda Emerson on June 27, 2011 in 10 Things Lists, Business Inspiration, My Recommendations

For those of you who follow this blog, you know that I love books. One of the most important things you must be as a small business owner is a lifelong learner. Reading a key way to learn more to run your business better. You may be counting down to your family vacation, (even if it’s a staycation) I wanted to provide you with some suggestions for great reading material for the beach. These book will all help you start or run your business, and that could make all the difference in your business in the last half of this year. Here are my picks for SmallBizLady’s Summer Reading List 2011.

SNAP Selling, Speed up Sales and Win More Business with Today’s Frazzeled Customers (Portfolio, 2010) by Jill Konrath.

I like this book because nowadays everyone you want is too busy and overwhelmed and we all could benefit from lessons on how to think about selling to busy decision makers.

Inbound Marketing, Get Found Using Google, Social media, and Blogs. (J. Wiley and Sons, 2010) By Hubspot CO-founders Brian Halligan and Dharmesh Shah.

Selling is dead. In order to connect with today’s customers you must stop pushing sales messages and instead start pulling your customer’s in. This book will give you the tools and strategies you need to improve your search engine rankings and analyze which of your online marketing efforts are working..

Enchantment, The Art of Changing Hearts, Minds, and Actions (Portfolio, 2011) By Guy Kawasaki.

This is a terrific book to learn about how to take your relationships to the next level, give a fantastic presentation, and enchant your customers and employees. There’s nothing more important than your existing client list, Guy explains how to keep your customers enchanted.

Full Engagement! Inspire, Motivate and Bring Out the Best in Your People (Amacom, 2011) by Brian Tracy.

Brian is a legendry business leader who has developed a terrific employee manual for small business owners. He explains how to achieve financial results for your company by motivating employees through what he calls “ROE” Return on Energy. Read it if you have two or more employees, you will be a much better manager for it.

201 Great Ideas for Your Small Business by Jane Applegate. (Bloomberg Press, 2011 Third Edition)

This book is full of creative ideas that will help you solve everyday problems in your small business. Jane has collected tons of proven tips for managing, growing, and promoting a small business. Enjoy the third addition of this international bestselling book. You will keep it nearby as a reference for a long time in your small business.

The Start Your Own Business Bible, 501 New Ventures You Can Launch Today! (Adams Media, 2011) By Richard Walsh

No matter what kind of business you want to launch you can the 411 on it in this books. He outlines the start-up costs, pros and cons and potential earnings of hundreds of business opportunities. This book will help match your resources to your plans and kick off a business that works.

Franchising & Licensing, Two Powerful Ways to Grow Your Business in Any Economy (AMACOM, 2011 Fourth edition). By Andrew J. Sherman

This book is a blueprint to developing additional streams of revenue in your small business. Andrew outlines what is takes to license your intellectual property from business acumen, legal expertise, strategy and trends and financial insight to turn your business into a franchise. This book as also filled with sample agreements, checklists and questionnaires.

Become Your Own Boss in 12 months, A Month-by-Month Guide to a Business That Works (Adams Media, 2010) by Melinda Emerson

BYOB is a book on how to develop a 12 month plan to start or reinvent a small business. Use the Emerson Planning System to get serious about your business. If you are one of those small business owners who still does not have a website and social media strategy this book will really help you as well.

There are my 8 picks, and do you have any other suggestions for summer reading for small business owners.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a
seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of MFE Consulting LLC, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine recently named her one of the Top 20 women for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog www.succeedasyourownboss.com Melinda is also the author of the national bestseller Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works. (Adams Media 2010)

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10 Things to Grow Your Business This Summer

by Melinda Emerson on June 22, 2011 in 10 Things Lists, Ask Smallbizlady, Become Your Own Boss Tips, Branding & Marketing, Business Inspiration, Customer Service, featured, Grow Your Business, My Recommendations, Social Media, Technology

Summer is here! Now that the kids are out of school, you might be thinking about how to reduce your work schedule, but that’s the worst thing you could do. It’s time to turn up the heat in your business. Third and fourth quarters are critical times in business. You may have customers who are in budget planning cycles, or have excess budget to spend. Now is the right time reach out to your existing customers and get your house in order to make your revenue goals for the rest of the year.

Here’s 10 Things to grow your business this summer.

1. Take a break. Even if all you can afford to do is a staycation, take a break from work for at least 7 days. You need to recharge your batteries so that you can go hard the rest of the year.

2. Attend a conference. The Summer is a great time to sign up for a course or attend a conference in your industry to learn the latest trends and techniques.

3. Read a great business book. Pick a book that’s you have been meaning to read and learn a few techniques that will help you grow your business. I really like 201 Great Ideas for Your Small Business by Jane Applegate. http://www.amazon.com/Great-Ideas-Small-Business-Bloomberg/dp/0470919663/ref=dp_ob_title_bk

4. Revisit your business plan. In the first few years of a business, you should be updating your business plan every 90 days. When is the last time you reviewed your marketing plan and how well it was working to drive sales. Make sure your budget and revenue projections are up-to-date.

5. Organize a Business Retreat. Take your team offsite treat them to some good food in a lush environment. Brainstorm with them to solve the top three issues in the business. Bring in a trainer.

6. Ask for testimonials. Go back to all of your customers that you worked with over the last six months and ask for testimonials. Get them in writing to update your website and ask them to post recommendations to LinkedIn.

7. Refresh your website and marketing materials. Take a look at your website and marketing collateral including your blog header, business cards, and newsletter template. If something was just thrown together just to get some out or you’ve been using the same template for a whole, take the time to clean up your design elements to make your brand shine.

8. Update your personal bio and profiles across social media. Every small business owner should have a professional biography. Take this time to update yours with any new marquee clients, non-profit board service, and speaking opportunities. Be sure to update your profiles on your social media accounts as well.

9. Do a waste walk in your office. Summer is a great time to chuck the clutter. The shredder is your friend. Get rid of stray paper, conference bags, direct mail, magazines, equipment that doesn’t work, and giveaways you really didn’t want anyway.

10. Develop a special offer. You need a reason to contact your customers. Nothing is better than a discount, coupon or special offer. You use this as your excuse to call, email or snail mail your existing customers. They are the most valuable asset in your business.

Do you have any other tips to keep a small business growing over the summer?

For more tips on how start or grow your small business subscribe to Melinda Emerson’s blog http://www.succeedasyourownboss.com.

Melinda F. Emerson, known to many as SmallBizLady is one of America’s leading small business experts. As a seasoned entrepreneur, professional speaker, and small business coach, she develops audio, video and written content to fulfill her mission to end small business failure. As CEO of MFE Consulting LLC, Melinda educates entrepreneurs and Fortune 500 companies on subjects including small business start-up, business development and social media marketing. Forbes Magazine recently named her one of the Top 20 women for entrepreneurs to follow on Twitter. She hosts #SmallBizChat Wednesdays on Twitter 8-9pm ET for emerging entrepreneurs. She also publishes a resource blog www.succeedasyourownboss.com Melinda is also the author of the national bestseller Become Your Own Boss in 12 months; A Month-by-Month Guide to a Business That Works. (Adams Media 2010)

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9 Reasons Why Boomer Businesses Fail

by Melinda Emerson on June 13, 2011 in Ask Smallbizlady, Before You Start, Business Inspiration, Customer Service, featured, Grow Your Business, How to Start, My Recommendations

Baby Boomers Businesses

I know a woman (let’s call her Sarah) who was a vice president at a major Fortune 500 company. She was a sassy 48-year-old single MBA who was very successful climbing the corporate ladder. She worked in marketing, managing a brand at her company and making a handsome six-figure income. Then one day she decided that she wanted to start a business.

She did her research and decided to invest in a food franchise. She learned that franchises are 10 percent more likely to be successful than startups, so she decided to go for it. She hired an attorney to look over her franchise agreement. She spent weeks finding the perfect location and then hired an architect and contractor to develop her space. She gave notice at her job and invited everyone to her grand opening. She was so excited. She had prepared a thorough marketing plan and invested in local advertising through a coupon mailer.

Within two years, Sarah was back working in corporate America, grateful to have a job. I bumped into her and asked her what happened. She said, “I cannot be a slave to anything — especially something that does not fulfill me, and on top of that I hate teenagers and that’s who my employees were. I am grateful to be back at work with a regular paycheck.”

For baby boomers, making the transition from having a job to starting a business can be a tough road, no matter how successful you were in your previous life. Some of the issues that come up may have little to do with how well the business is doing financially.

Here are nine common trouble spots that cause baby boomer businesses to fail. These are the things that can destroy your entrepreneurial dream if they go unaddressed.

1. Not being coachable
To be successful in business, you must be a life-long learner and understand that you can learn something from anyone, even your interns and teenage employees. You also must be able to seek out– and take — advice from mentors and other entrepreneurs. Sometimes when you’ve been successful in the corporate world you might ask yourself “How hard could it be to run a small business?” Don’t be fooled; the hard work is endless!

2. Not developing a life plan
You need a life plan before you ever write a business plan. Take the time to think about what you want out of life, and then build a business around that. You need to know things like “How much money do I need to earn to be happy?” and “Is day-to-day variety important to me?” You do not want to start a business that is NOT a good business for you and your family.

3. Not having the energy
You must be honest about what you are willing to do to make your business a success. One of Sarah’s complaints was that she could not be a slave to anything. But that’s what it takes. In the first few years of running a business, your business owns you: 14- to 16-hour days are common, especially if you open a retail business that has long store hours. Can you physically sustain working seven days a week?

4. Not having a network
As a startup business, your network is your net worth. People do business with people they like, know and trust. You had no problem getting calls returned when you had a big corporate job, but once you are on the outside pounding the payment, it might be another story. Before starting a business, spend at least a year cultivating the market. If you are not good at making friends or are one of those people who never keeps in touch, entrepreneurship might not be for you.

5. Not willing to scale back your lifestyle
When you’ve been working a long time, and making good money, chances are you spend what you make. When you decide to become an entrepreneur, the first thing you should do is end your addiction to your paycheck. You must scale back your lifestyle to the essentials — and you need to cut back at least 12 months before you start your business. If you are someone who regularly enjoys retail therapy, eating out, extensive travel or indulging in the latest electronic gadgets, you might not adjust well to the entrepreneurial lifestyle.

6. Not saving enough money
In my book, Become Your Own Boss in 12 Months, I outline three pools of money that you should ideally have before starting a business. First, make sure you have the money to start your business. Then set aside enough resources so that you can survive for up to two years without a salary. On average it takes 18 to 36 months for a small business to break even, let alone replace your corporate salary. The third pot of money is your emergency savings. Your car may need to be replaced, your air conditioner may die, and your children may need college tuition. Your ability to start a business has everything to do with your ability to save money.

7. Having competing priorities
After age 40, you may have aging parents and perhaps a first grandchild that you’ve welcomed into the family. If you need to stay on top of your mother’s doctors’ visits or help out your daughter and son-in-law with the new baby, it may be really tough to get a new business off the ground because you will not have any spare time.

8. Lack of a niche target market
Too many small-business owners sell to anyone they think has money. Define your niche customer and make sure you know why your customer will buy from you. It is so much easier to develop a marketing strategy when you know who you are trying to reach. You have limited time and limited resources. Customers want to hire businesses that specialize in solving their problem.

9. Lack of personal and fiscal discipline
If you do not run your household on a budget, you likely will struggle to run your business on one. You must make business decisions based on up-to-date financial information. Will you make money decisions without consulting your budget? How will you focus on tasks that generate money? Will you raid the cash register whenever you need money? You should know in advance how much money you are making on each sale; otherwise, you might have an expensive hobby.

If you focus on these nine areas as you are planning your midlife transition, you are far more likely to start a sustainable and profitable small business.

Melinda F. Emerson, known as the SmallBizLady, is an entrepreneur, professional speaker, small business coach and the author ofBecome Your Own Boss in 12 Months. In 2010, Forbes magazine named her as one of the Top 20 Women for Entrepreneurs to Follow on Twitter.

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9 Reasons Why Boomer Businesses Fail

by Melinda Emerson on June 13, 2011 in Ask Smallbizlady, Before You Start, Business Inspiration, Customer Service, featured, Grow Your Business, How to Start, My Recommendations

Baby Boomers Businesses

Here are nine common trouble spots that cause baby boomer businesses to fail. These are the things that can destroy your entrepreneurial dream if they go unaddressed.

If you focus on these nine areas as you are planning your midlife transition, you are far more likely to start a sustainable and profitable small business.

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Ask @SmallBizLady: How can I get my kids to “buy in” to my business?

by Melinda Emerson on June 10, 2011 in Ask Smallbizlady, Business Inspiration, Mompreneurs, Your Small Business

Here’s the answer:

Every Friday, I answer your small business questions in a video blog segment called Ask Small Biz Lady.

This week, we are taking on the question: How can I get my kids to “buy in” to my business?

If you want to get your family to support your business follow these steps:

Communicate with them and teach them what you do.
Don’t be afraid to put even the little ones to work; Get them a job in the business
Share your ideas and ask for their feedback
Everyone loves to be asked for advice, so you can’t go wrong there.

If you have a question for Melinda Emerson, Small Biz Lady, leave a comment on this blog using the contact us page or send me a note on Twitter @smallbizlady, on Facebook at www.facebook.com/smallbizlady or you can hit me up on www.linkedin.com/in/melindaemerson