Picking a niche – scary but oh so worth it!

Picking a niche will help your business
Picking a niche will help your business

One of the first things I often tackle with a new client is the question of who they serve.  For so many reasons, getting clear on this is one of the most crucial factors in whether your business succeeds or fails.  For starters, here are just some of the benefits of picking a niche:

  • It makes it clear to anyone you communicate with whether you’re a good fit for them or not, and makes it easy for people to refer business to you
  • It allows you to establish yourself as the go-to person for that niche
  • It helps you find the people you want to market to
  • It makes writing your marketing copy much easier because you know who you are trying to reach
  • It narrows your focus for your own training and research

There are loads more benefits, but I think just the points above make a solid case for picking a niche.  So why are we solopreneurs so hesitant to do it?

Quite frankly, it can feel really scary.  Especially when we are first getting started and clients are scarce, it might feel foolish and risky to declare that you only work with certain people.  It feels like you’re cutting off the vast majority of options and leaving only a tiny sliver for yourself.

This thinking isn’t really accurate though…. there’s no law against serving people outside your niche, but if you don’t pick something you might not have a business.  In a way, you are cutting off a lot of options in that you will no longer be reaching out to everyone but only to your niche.  The thing to look at though is not the huge number of options you are cutting off but in the number left.  You don’t need an infinite or even a huge number of people in your niche to build a successful business.  You need some, you need enough, but you don’t need everyone in the world.

I invite you to take a look at your business and see if you chosen a niche.  If not, think about doing it.  If it feels scary or risky, consider the impact that not doing it may have.  If you need help in this area, I’d love to work on it with you.  Click here to schedule a call with me.

Leave a comment telling me about your niche, how you picked it and how it’s worked out for you.

Reduce stress and be more on top of things with one change to your to-do list

Lower your stress with a small change to your to-do list
Lower your stress with a small change to your to-do list

Even I was a bit skeptical at that headline and I wrote it!  However, it is true I promise!  The one thing I’ll tell you about is really simple too.  It has to do with assigning priorities in your to-do list.

I recently switched over to an online to-do list manager called Remember The Milk.  One of the many great features is that you can assign priorities to your to-do items with choices of 1,2,3 or none (priority 1 shows on top of your list).  I hadn’t been using priorities in my two most recent systems and didn’t want to get too complicated so I stuck with just using priority 1 or no priority.  My rule for deciding whether to prioritize something was either it had a fixed deadline with a high penalty for missing (e.g. paying a bill or sending my newsletter) or it was just something important to me (sweeping up the dog hair from the floors).  What started to happen was that in my two levels of priority, many things got put in priority 1.  So many items were in priority 1 that I began to fall behind and had to start triaging even my high-priority items.  This is where stress comes in – it’s very stressful to look at a big list of priority 1 items, know you can’t get to all of them and have to start deciding which to do and which to leave undone for now.  It’s also a big waste to spend time and energy deciding what to do because you haven’t maintained your to-do lists in a way that supports you getting things done.

What I did, and this is the big secret today, is to change my criteria for priority 1 into only things that carry a substantial penalty for not being done on time.  To support this, I added a middle layer of priority for things that don’t have to be done by a specific day but I that I don’t want to leave indefinitely either.  Sweeping up the dog hair falls in here – it doesn’t have to be done today, but I can’t let it go for too long and maintain a sanitary living space.  In contrast, sending my newsletter is a priority 1 because it reflects badly on me and disappoints people who have placed trust in me to send it late.  The big temptation is to load too many things into priority 1, which takes me back to the original problem.  It’s been helpful to have a rule to determine if something really belongs in priority 1.

The big stress relief comes from looking at my to-do list and seeing just 2-5 items that are priority 1 for today.  It’s a small universe, it feels do-able, and lets me know in a glance what has to be done today.  Everything else is optional.  Having things laid out this way is great for really busy days – I can crank through the “must do’s” and even there’s dozens of things that don’t get done I know without a second glance I’ve done what has to be done today.

You can apply this with almost any system you use.  Every electronic to-do list manager I’ve ever used allows you to assign priorities and you could even do this with paper so I encourage you to give it a try.  It’s done wonders for me, and less stress equals more and better quality work.

Do you have any to-do list tricks you use?  Tell me about them in the comments.

Do you know what your website is for?

What purpose does your website serve?  Do you know?
What purpose does your website serve? Do you know?

Thinking strategically is one of the most important things you can do for your business.  It means having clearly defined goals, a path to get there and way to measure if your actions are working.  Every action you take should be a fit for your strategic plan.  Sometimes I’ll hear someone in the early part of their business make a comment like “I have to start tweeting!”  This seems to be true since many successful business owners are tweeting, but my response is always “Why?” or “What do you hope to accomplish by tweeting?”  If it’s early on in our work together, it sometimes throws the person for a loop or they think I’m being sarcastic (I’m not).  Nothing is a given in my business world and everything has to pull it’s weight.

The same is true of your website.  You know you need one, but what’s it for and does it perform that function well?  A website can serve very different purposes depending on the business.  Here are some ideas to get you thinking:

  • gather leads through a form
  • build newsletter subscriber list
  • encourage people to call for an appointment or consultation
  • sales of product right on website
  • provide basic information (the online version of a brochure)
  • give potential customers an easy way to get to know you
  • provide customer support or help

Which of these functions should your website be serving?  Does it?  What changes would help your website function better?  What other functions does it serve?

Using Facebook for business – a range of options

Using Facebook for business
Using Facebook for business

When I started to write this post, I began with with all the stats and numbers to support the idea that you should be using Facebook for your business.  It was turning into a big proof for Facebook rather than a backdrop for what I want to say, so I’m going to start from the assumption that you already know all the benefits of using Facebook for your business.  I wanted to write this post because I’m amazed at how often I hear people in heated arguments over the one right way to use Facebook for business.  I’ve heard everything from use only a business page (what used to be called a fan page) to use only your profile and everything in between.  The truth is, like may business issues, there isn’t one right answer and the best choices depend on the situation, the individual and the desired outcome of using Facebook for your business.

I’ve seen people get great results using only their profile for business.  The two broad categories would be people that only use their profile for business and don’t do any personal interacting on Facebook and people whose business is so closely tied to themselves, their lifestyle, values and personality that their business is indistinct from the person.

I’ve also seen great results from people making full use of a business page.  This is pretty much what I do.  When I first got onto Facebook, it was before it was used much for business so I made all sorts of personal connections there.  Since I focus on a small niche, my work isn’t relevant to most of my friends so I don’t post it on my profile.  Similarly, my business community probably wouldn’t find the mundane details of my life interesting.  Those people are part of my business contacts because they trust me to bring them valuable business information, not because they care about the killer parking spot I just found.

Then of course, there are myriad ways to use both your page and profile to promote your business.  Some people are very comfortable mixing both.

The bottom line is, Facebook is a great free resource to get the word out about your solopreneur business in a forum where people already are.  The important point here is that there is no one right way to promote your business on Facebook except that which fits you best.  I would avoid the extremes though – don’t post too much information about your work to your personal connections if it doesn’t apply to them, and don’t inundate your business community with mundane details of your personal life if it’s not interesting to them.  Above all, don’t make your Facebook strategy choice based on someone else’s advice unless that person is a trusted advisor with a proven track record.

No news roundup today

One of my core success strategies is to experiment, measure and revise my business activities.  I also like to share those results and the thought process I use with my community.  In this post, I’m sharing what I learned from my Friday news series.

I regularly share news and links that I think are valuable for solopreneurs on my Facebook page.  A few months back, I started using a Friday blog post to summarize the news for the week and do a quick reminder to carve out some time for fun over the weekend.  My logic was that it’s important to give people what they want in the format they want.  Some people don’t like getting news on Facebook, so doing the blog post gave those people another option to get the news.  As with everything I do, it was an experiment.  I think I’m ending that experiment now.  The post took about 20 minutes to write, and it didn’t seem like I was providing enough benefit to my readers to justify 20 minutes of my time.  I could use that time to write a whole new post which would be of much greater service to my community.  I also felt a little hemmed in by the whole thing.  I like to share news and links I think are exceptionally valuable and being obligated to post one every day made me sometimes spend a lot of time finding something that day.  All told, I think it’s something that doesn’t pay off for my community or me.

I will take this time to remind you to create some time to recharge this weekend, with the emphasis on “create.”  Don’t wait for “spare” time to drop into your lap to recharge.  The world needs your work, so make sure you take care of yourself.

If you think I should keep the Friday Solopreneur News Roundup, leave me a comment to that effect.  If enough people want this feature, maybe I’ll rethink it.

Have a great weekend!

Lessons learned from a bad experience with Ikea

Lessons learned from a bad experience at Ikea
Lessons learned from a bad experience at Ikea

I had a blog post planned for today, but yesterday’s experience just was too full of great lessons to ignore.  For those of us in the US, yesterday was a holiday and that means some stores are closed or have shorter holiday hours.

Among other things I had planned yesterday, I decided to brave a trip to Ikea to keep some home improvement projects moving ahead.  Since it’s quite a trek to get there, I wanted to make sure they were open into the evening.  I started with their website and there was no mention of holiday hours.  I then entered into phone menu purgatory which was an endless nested maze of  options, none of which was “at any time press zero for an operator.”  Those phone menu set ups are a horrible way to treat customers.  Does any customer feel valued when that’s what they are greeted with? I think by now most people are used to the phone menu hazing they have to go through to get service, and know that if they do choose to speak to a live person they may have to wait.  I was surprised though, at how difficult they made it and that there was no obvious way to get to a live person.   I finally did get a live person through one of the many combinations of keys I  pressed, and of course he couldn’t answer my question but put me back on hold for 7 minutes until someone picked up.  Needless to say, this was extremely frustrating and a big waste of over 20 minutes of my time.  It made me, an interested customer, way less interested in buying.  In fact, if I didn’t need something I could only get there I wouldn’t have gone at all.  It certainly made get in and out as fast as possible and thus they lost any other sales they might have had with me.  A company like Ikea can get away with this – the one near me is almost always jam packed with a lines of 20 people at each of a dozen registers.  They don’t need to change anything about how they treat their customers, but what about the rest of us?  What lesson is there for a solopreneur business in this?  I came up with 3 things we can take from this experience.

First –

Don’t make it hard to buy, in fact make it as easy as possible.  I suspect Ikea would have lost a lot of people in this situation who were less determined and in need than me.

Second –

Don’t make it hard to contact you.  Give clients and customers options for how they contact you and make it easy to find that information.

Third –

Anticipate and reply to obvious questions.  Think about what big, obvious questions your clients may have and answer them before your clients ask.  Don’t make them work for basic information – most won’t and you’ll lose sales.  If you get the same question more than a few times, put the answer in your materials.

What are some of the ways you help customers to buy?  Share them in the comments.

Today’s Solopreneur News Roundup, Friday 5/27/11

Welcome to your holiday weekend if you’re in the US!  If not, then have a great weekend whatever you do!  As I wrote the date on this post, I couldn’t believe how much of the year has passed and there’s still so much I want to get to!  How are you doing on your goals for the year?

Here’s the news I want to highlight for you this week .  If you’d like to see these items right in your Facebook news feed, come on over to my page and click “like.”  Remember, you can now like a page as yourself using your personal profile or as your business using your business page.

I’m a time management junkie, so when one of my favorite teachers writes about procrastination, I make sure to read it.  Check out this article:

The Death of Procrastination

Here’s another article on the unicorn of time management: work-life balance.  It’s a short read with some great tips.

6 Work-Life Balance Blunders to Avoid

So, I must have had time management on the brain this week, because this article is on the same topic.  I LOVED this one because it has one simple, rock-solid strategy you can start using today to get more done.  Really!

The Only Way to Get Important Things Done

This next one gets away from time management, but offers you 12 spots to meet clients other than over coffee.  I really enjoyed reading this and was thinking it would really energize my client meetings to have some other spaces to use.

12 Unexpected Places To Host Great Client Meetings

Finally, today, a promotion opportunity you won’t want to miss!  The highly-visible online visibility expert Denise Wakeman is giving you a chance to Flaunt Your Facebook Page over at The Blog Squad Facebook page:

The Blog Squad on Facebook

That’s the news this week!  Leave me a comment on something you’re doing this weekend for fun!

Too much email?

Don't let too much email get in the way of your success
Don't let too much email get in the way of your success

Let’s face it, most of us solopreneurs spend a lot of time on email.  In fact many people I talk to say they have “too much” email and that it hurts their productivity.  Today, I’m proposing something radical for dealing with email.  In fact, you might think it’s not even possible or that I’ve gone haywire!

Here it is, one of my key tools for handling my email effectively.

Check and clear your email inbox once a day.

Yes, that’s it, just once a day.  Unless your solopreneur business is emergency services or is related to birth or death or you make money be responding quickly to situations (like a daytrader or board up service for damaged buildings) then you most likely don’t need to check your email more than once a day.  I do use the email feature of my smart phone to take a couple of quick glances while standing in line or riding the stationary bike and if it’s a client I’ll respond right away.  Barring that, I do one bulk processing of my email in the morning and don’t touch it the rest of the day.  In fact, I even shut it down so I can’t see that oh-so-demanding little number count of unread emails that just begs for a peek.

My point in this post is not to say that my exact system will work for you, but to throw away the preconceived notions that you have about needing to always be available via email and figure out what works for you and how much you can stop doing.  Constantly checking and responding to email is a huge time suck and will keep you from doing other work that supports your big vision.  We often get the message that we need to respond quickly to emails in order to be successful in business and it seems to be the truth, so we don’t ever think about what is right for us.  I’m sharing this today to give you encouragement to think outside of what you’ve been told.  If I can get away from constant email, maybe you can too.

How often do you check your email?  Is it constantly on?  What could you do differently?

Friday Solopreneur news roundup 5/20/11

Hello fellow solopreneurs! Once again, Friday has rolled around very quickly. I hope you’ve had a fantastically productive week. What are you doing to recharge this weekend? I’m planning on going to Worldfest here in LA (a huge solar-powered, animal-friendly Earth Day type of festival).  We’re kind of up in the air though, so we’ll see.  As I often say on Fridays, one of my favorite ways to have a weekend is to have no schedule so I’m glad it’s open.

Here’s the news for the week:

Here’s an interesting article on the idea of shutting down your main business website in favor of social media sites.  I’ve been watching this trend with great interest and have increasingly spotted big brands showing their social media URL’s with equal emphasis or in place of their main URL.  There are some cons though, so read the article before even thinking of shutting down.

Is It Time to Shut Down Your Website?

One of my teachers Kathleen Gage is offering an excellent video series on how to make money with teleseminars and it’s FREE!  I watched all three videos and got a lot of great ideas.  I’m in her VIP club, so I know she delivers!

3 Free Videos on How to Make Money with Teleseminars

Blogging is really important for solopreneur businesses, but so is promoting that blog.  Here’s 4 things not to do, although I disagree with #4 which is posting your blog to social media.

4 Ways NOT to Promote Your Blog

Finally, here’s a good rundown of 4 common mistakes you could be making on your website that can cost you busieness!

4 Website Design Mistakes and How to Fix Them

So that’s the news for this week!  Leave me a comment with your weekend plans and I’ll see you Monday.

(If you’d like this news delivered right to your Facebook news feed, come on over and like my page – click HERE)

Choose your business confidants carefully

Choose your business confidants wisely
Choose your business confidants wisely

In the last issue of my newsletter (sign up here or in the box to the right) I shared a story about a colleague asking how many hits a day I get on my site.  When I told him the somewhat modest number, he could barely contain his disdain.  I didn’t really understand his reaction – I had just gotten done telling him how pleased I am with my business growth this year so why the reaction to my traffic?  It wasn’t until later that I realized that he was asking the wrong question.  In his business strategy, big traffic is really important.  In mine, it’s not.  That led to a post on how it’s important not only to measure your results but to make sure you’re measuring what really matters.

I’d like to add one more thing I learned from this, which is to be very careful in choosing whom you share business ideas and information with.  Had I not had a clear vision of how my business model works, I might have been dismayed by his reaction.  I might have run home and gotten right on the “bright, shiny object” of getting big traffic.  Fortunately, I do have a mentor I’m following and I trust her greatly.  I’m following her business plan for growing your business via the internet and it’s working.  It’s easy in the early stages to get lost in following whatever advice and opinions you can get, and right there is the problem – opinions and advice are easy to find, but someone who understands your business and can give appropriate advice is much more rare.

We have a natural, almost unavoidable tendency to view the world through our own point of view and to assess new ideas based on our experience to date.  This means that not everyone is suitable to give you feedback on your business.  Make sure you choose your confidants with intention and high standards.  Of course you can have colleagues and friends who don’t meet the requirements to be a confidant, but choose your inner circle carefully.  If you’ve gotten advice or feedback from someone you haven’t vetted for the role of confidant, make sure to take their comments with a grain of salt and run it through the filter of what you know is right for you.  Their advice might be good, but then again it might not have any value, so be open to that possibility as well.  People are very willing to provide feedback, but make sure it’s someone in a position to give valuable feedback before you take their comments as valuable.  I would advise listening to your customers though – they always have valuable feedback which, since they are your customers, is right on the mark.

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