How to stay on track

Solopreneurs can use goals to help them focusSomeone asked me a question recently, and I thought it was such a great one that I decided to answer it here.  I was at a training, and when I mentioned that I coached entrepreneurs, the person I was talking to asked me “How do you keep them on track?  Entrepreneurs, myself included, are always changing gears.”

It’s a great question because he’s right – entrepreneurs are naturally drawn to new ideas and possibilities – bright, shiny objects anyone?  Enthusiasm for new ideas is one of an entrepreneur’s greatest gifts and also one of the greatest challenges.  Nobody goes into business with the desire to be bored.

Let me share a little of my philosophy first – I don’t “keep” people on track, because that implies force or power and I don’t believe entrepreneurs want or need that.  Entrepreneurs are naturally motivated and love results, so guidance and perspective are better tools than force for entrepreneurs.

What I do is help business owners get clear on what they want to accomplish and how to get there.  As they move forward, we tackle roadblocks together.  When the inevitable “next big thing” pops up, I remind them of where they said they wanted to go and we assess if this new thing fits into that goal.  If it does, we figure out how to fit it into the current plan.  If it doesn’t, we talk about whether or not the original goal still fits.  The beauty of running your own business is that you get to decide what the goals are and when to change them.

A word of caution – if you change your goals too often, you may end up never reaching them.  I think this is one of the biggest hurdles entrepreneurs face – being able to stay with something after it gets boring but before it produces results.  Most new projects go through the “darkest before the dawn” phase where the newness has worn off and finishing the project becomes a slog through tedium to get to the finish line.  This is the worst time to give up – when completion is just around the corner.

This is a great example of how strategy and planning in a business pay off.  If you start with a goal and a plan to get there, you have a criteria against which to weigh any potential new ideas.  If the new idea fits, then use it.  If it doesn’t, you have the option of changing your goal or your plan but do it intentionally and not because you got bored.

 

How to schedule your day for flexibility and productivity

Scheduling your day makes a solopreneur more flexibleIn my last post, I talked about how to keep your personal life from getting in the way of your  business success.  This post is about how to schedule your day to accommodate both business and personal tasks while being flexible and productive.

First, it’s important to commit to a practice of scheduling your day, so let me explain some of the benefits.  You’ll be able to get  a clear view of what you did and did not get done in a day and adjust your next day accordingly.  You’ll be able to look at a bird’s eye view of the 16 or so waking hours you have available and decide how to use them based on your current priorities.  If you don’t already have it, you’ll get a sense of when is a good time of day for different activities.  You’ll keep activities that tend to expand, like social media marketing, down to an appropriate amount of time.  You’ll be able to prioritize the few things that you really need to get done.

I do this as part of my end-of-day routine when things are fresh in my mind.  For some reason, having my day laid out before I wake up lets me hit the ground running.  If I’m feeling bad about something I didn’t get done, I can put it on my schedule for the next day and let it go for the night.   Of course I give in to temptation and skip my scheduling sometimes, and I always pay the price the next day.

You can put your schedule wherever it suits you – paper, spreadsheet, day planner, etc.  I like to use a spreadsheet with one line per activity with start and end times.  I would not recommend your main calendar – this is far more detailed than would fit on most calendars.

I always start my day with the same things.  I’m best in the morning, so those first few hours are set aside for high-priority projects, and that means whatever is most important to be working on will get some uninterrupted high-quality time before anything else can get in the way.  Consider putting in some time on high-priority work even before you check email or other messages.

Next, add in the “big rocks,” i.e. those big things you have to work around like appointments, meals, errands, fitness, etc.

Designate some time for personal tasks and for miscellaneous business tasks and handling email, messages, mail, etc.

Schedule in your breaks with a start and end time.  Taking breaks is critical to being productive, but you do need to set an end time or it’s too easy to waste a lot of time.

Just like the first few hours of the day are set, so should the last few.  Give yourself some time to wrap up your day, schedule the next day, do any before bed tasks, and finally some time to relax so you are in low gear when it’s time to go to bed.

Sounds great, right, except for inevitable last-minute things that pop up?  The irony is that having a schedule helps you to be more flexible.  You have a plan to deviate from.  You know what you are giving up (or have to make up) if you say yes to something new.  Being your own boss means that not only do you make your schedule, but you can change it too.

How do you schedule your day?  Does it help you to be more flexible?  Tell me about it in the comments.

 

3 Tips for Keeping Your Personal Tasks from Ruining Your Business

One of the best things about working from home is that you can take care of chores and personal tasks whenever you want, even while you are working.  One of theSolopreneurs, make sure to handle your personal life worst things about working from home is that you can can take care of chores and personal tasks whenever you want, even while you are working. 🙂

Having no clear boundaries between work and personal tasks can mean that the two tend to blur, and this can be great until it begins to cause problems.  Sometimes it gets really hard to leave personal tasks undone and focus on the business.  After all, if you are home all day why isn’t the house perfect, the papers filed, the fridge stocked, the mail sorted, the calls made, etc.?

I’ve found that if I don’t watch it, that my personal tasks can start to erode away valuable time spent on my business which can be detrimental.   I’ve found a few ways to keep the personal tasks from expanding too much, and so I have 3 tips for you that will help keep those annoying personal tasks at bay so you can focus on your business.

  1. Create systems for things that pile up and nag you.  For me, the worst offender is the mail.  For an unknown reason, we get huge amounts of mail that needs to be dealt with.  I did all the recommended steps to cut down on the mail, and still it regularly piled up.  What I finally did was designate the first 15 minutes of every day to deal with the mail.  Finally, this has gotten the accumulation down and keeps in check over the long haul.  If your nagging, piled up task is laundry then find a way to fix it – designate a day, do a load every morning, send it out or go to a laundromat for a big session monthly.  If it’s yard work, do some every day to wake up when the afternoon lull hits, hire someone to do it, or take an afternoon every other week.  The point is, create some system for whatever your worst offender is so that it doesn’t nag you anymore.
  2. Designate time to crank out personal chores. Trying to do chores in small bits of time leftover from other activities often doesn’t work.  You need time to get into something and finish it.  If you only have 2 minutes, that rules out most tasks you could even thing about doing because it’s not enough time.  If you start with half an hour, that’s enough time to not only start but finish many household tasks.  I set aside some time right after lunch every day and just crank through the top few pressing things I need to do.
  3. Find your mental and physical productivity times.  When are you at your best mentally?  How about physically?  Schedule tasks in a way that takes advantage of these times.  If you’re a night owl, can you arrange you schedule to get some turbo-charged time late at night?  If you have loads of energy for physical tasks in the morning, use that time to get them done.

I used to think that having a successful work-at-home business was only about being a good business person.  Now I know you have to manage your personal life well too.

How do you keep your personal life from ruining your business?  Share your tips in the comments.

People to avoid

I was out socially during a recent weekend, and found myself talking business with some people that I didn’t know well. One of them was a very negative, naysayer, Solopreneurs must avoid negative people“can’t be done” kind of guy. He was the kind of person who feels like nothing in his life is in his control – whatever happens in his life happens to him not ever because of anything he did.

Because I’m so passionate and excited about my business and I love the people I work with, I got very excited to be able to talk business with new people. The more I described all the good things that come from my business, the more negative he got.

He also had a way of thinking that is like nails on a chalkboard to me – he made up his mind before having any data, and no amount of evidence to the contrary would sway him.

Later, I realized I wasted a lot of energy trying to share my excitement with him. He’s negative and has no sense of being responsible for his own life. He has no interest in learning new things or expanding what he knows of the world. In short, he was a fool in this respect and I wasted my time, energy and enthusiasm on him.

I can’t go back and get a do-ever on this one, but I resolved right then and there to be done with having this kind of conversation with this kind of person. It left me drained and frustrated, and left him no more informed than he had been before.

Sometimes, when you have a mission you want to share it with the world. I know it takes almost nothing to get me talking about work. The thing is, not all conversations serve us or the person we are talking to. In this case, neither of us got anything out of it.

Your time and energy are precious resources and the source of all you business success. Use these resources well even when you are not working. They are very limited, and you can’t get them back. Don’t waste any time or energy on any activity that doesn’t provide a return of some sort. The next time I feel myself being frustrated instead of feeling connected in a conversation I’ll stop the interaction.

What kind of people drain you? How do you know when to leave a conversation? What kind of limits do you set in this area?

Do you have a business or just a product or service?

Do you have a business or just a product or service?  What’s the difference?Do you have a full business or just something you sell?

I have this conversation often with people in one form or another.  One of the biggest misconceptions about starting a business is that all you have to do is be great at making your product or delivering your service and you will have a profitable business.  If you’ve had your business for more than a few months, you already know this isn’t true.  Granted, having a great product or service is probably the single most important part of having a successful business but it is far from the only part.  Since I began my business, I’ve changed how I describe what I do because I began to realize that most non-business owners don’t know that there is a lot to do to build a business that has nothing to do with the product or service you offer.

A business is an organization or structure dedicated to selling one or more products or services.  A product or service is what a business sells.

Example: A person could be a dog walker, and offer only that service to whomever happens to find them.  In contrast, a person could have an entire business built around the basic service of walking dogs.  They could have business cards, a brochure and website.  They have various packages and payment options.  They could promote by speaking, exhibiting at events and by posting on social media.

A business has lots of parts that work together.  There are people, areas of knowledge, equipment, physical places, and intangibles like brands or expertise.  Early economists called these factors of production, which consisted of land, labor, capital and entrepreneurship.

A business has processes and ways of doing things.

Example: How are new customers signed up?  How are customers billed?  How are the finances monitored?

A business has various roles people play, even if the roles are all played by one person in a solopreneur business.

Example: In the dog walking business, there is the person or people who actually walk the dogs, the person who does the scheduling, the person who books the appointments, the person who handles paperwork and bookkeeping and the person who promotes the service.

A business engages in promotion and marketing in order to sell the product(s) or service(s) it provides.  Part of this promtion is educating customers so they can decide if they want to buy.

A business has proprietary knowledge about how it does things that distinguish it from other businesses that sell the same things.  If this is relevant to customers, the business must make sure customers know about it.

Example: I saw an ad recently for a guy who takes small groups of dogs on hikes into nearby nature areas.  Technically, he is a “dog walker,” since his basic service is picking the dogs up and getting them out of the house for an outing, but his way of doing it is very different than the typical dog walker and his marketing materials show this difference clearly.

Which do you have: a business or just a product or service?  If you see yourself as having just a product or service but want to move up to a full-fledged business, contact me for more information.

Sales lessons from a hard exercise

Solopreneurs must be able to sellIn my last post, I mentioned that I had been to a live training earlier this month with Adam Urbanski called Overnight Authority. I learned so much there that I have several posts lined up and this is the next in the series.

One night of the workshop we had a bonus session that included a sales exercise. A big part of what I learned at the workshop is that sales is what makes a business. All the other things you do serve only to make sales possible and/or more likely. Sales is a real challenge to many solopreneurs because we love what we do and really want to help people. We’d do it for free if we could! But the truth is, without a sale you can’t help anyone. All of the greatness you have to offer is wasted if nobody buys it.

In the first part of the evening, we learned some of Adam’s techniques on consultative selling which is a way of conducting the sales process as a consultation not as a hard sell. Then, we did the next logical thing which is to pair up and try to sell each other something! Gulp. The thing was, this was not a role playing exercise this was for real! If you sold something, you had to deliver and the other person had to pay. There were also no requirement that what you sold had to be something you already offer or even something in your business.

What was hard for me is that when I have a one-on-one sales conversation I go in prepared. I’ve asked a few questions already and have looked at the person’s website. I also have all of my own material – prices, terms, etc in front of me for easy reference. In this conversation, I was totally unprepared! I have to say, I really didn’t want to do this exercise but I had already entrusted Adam with my time and investment so I trusted him here as well.

Here are 3 big lessons I learned from that exercise. Just for the record, I’ve already shared everything with the other people mentioned because it was a learning exercise.

  1. If your prospect says you don’t understand don’t argue! When I was the prospect, my seller argued with me in this manner and all it did was make me dig in even further and argue back even harder. It completely shut off any possibility of us getting to an understanding. It felt condescending and frustrating, especially when the answer I got was way off base from what I wanted to communicate. At this point, my thinking is that if your prospect says you don’t understand, the only logical answer is something like “Can you help me to understand better?”
  2. When you are selling, don’t be too attached to making a sale. I’ve heard several sales professionals say something like “Be committed to helping them make a decision, but not what that decision is.” This feels really good to me and I try to do it. When I was the seller, I felt close to making a sale at one point and got a little too over-eager and started spewing words out. When I was the prospect, I sensed this from my seller and it made me not want to buy anything that might be offered.
  3. Finally, don’t be afraid to wing it! If someone is sitting in front of you with a problem that you can solve and they want to hire you, find a way to make it work. Lots of people in the room made sales that night of things that didn’t even exist when the exercise began. Create a package on the spot or do something unconventional. Don’t let a chance to serve someone else get away because you don’t have a package that fits.

What is your favorite piece of sales wisdom?  How did you learn it?  Tell me about it in the comments.

My top ten takeaways from The Overnight Authority Live Event

Last week, I attended a training given by Adam Urbanski called The Overnight Authority Live Event.  It was an intense, demanding 3 days but I learned a lot.  Not top-10only were there strategies and tactics, but there was a lot of new ways of thinking presented which was the most helpful part for me.  By “new ways of thinking,” I don’t really mean mindset, which is also important, but a new way of looking at how you do business that is focused on accomplishing important things quickly.  I have lots more to share from the event and in fact have a few blog posts lined up already, but for today I’ll wet your appetite with just my top ten takeaways from the event:

  1. Spend less time creating things to sell and more time selling them.
  2. If something doesn’t work or sell well the first time around, instead of scrapping it and starting fresh, see if you can try again and tweak what you did.  This is a shift for me because although I live by “test and revise,” I think I’ve been too quick to say something didn’t work and needed to be scrapped.
  3. Don’t be afraid to wing it. If there’s a customer in front of you that wants to buy something you don’t currently sell but can provide, find a way to make a deal.
  4. Don’t be afraid to ask. If you don’t ask you’ll always get a “no,” if you ask you may get a yes or a no but the worst possible outcome is that they say no.
  5. Don’t think first of cutting prices, think first of how to deliver more value so you can charge the price you want.
  6. Having something for sale is useless unless people need it and know they need it.
  7. Connect regularly with successful business owners and continue your own development.
  8. If you refuse to stop you cannot fail.
  9. There’s a lot of things that a lot of experts will tell you that you “have to” do. They are not always right.
  10. Don’t let fear of looking stupid or fear of what other people might think stop you or even influence you.

What’s your favorite idea here?  How did you learn it?  Tell me about it in the comments.

“What do you do?”

How solopreneurs can answer "What do you do?"What is it about this one question that throws most of us for a loop? Why is it so hard to answer, and why does it cause such angst? It should be straightforward – simply tell someone in one sentence what you do – but rarely is it so easy. Part of the problem is that a lot of solopreneurs do a lot of different things for a lot of different people, and while there may be common threads, it’s hard to group it all under one phrase and convey the full breadth and depth of what we help people with. Most of us care so deeply about our work that to try to sum it up in one sentence feels like we’re negating the value of what we do.

I wanted to share some of my thoughts on this because I was in a lively discussion on the topic last week and I thought most of what people suggested would not work for me if I heard it when I asked someone what they did.

The criteria used by most of the people in the discussion was whether or not the person you were talking to asked a follow up question after you answered “What do you do?” The follow up could be anything such as “How do you do that?” or “Who do your work with?”

This isn’t a bad start to evaluate how effective your one-sentence answer is, but it’s too simplistic. Yes, you want someone to be interested enough to ask for more information, but the fact that they ask a question doesn’t mean they are actually interested. Yes, I know that’s harsh but it’s true. It’s like when someone says “Guess who I saw today?” – I may or may not care depending on who says it and the setting, but since I want to be polite and not hurt people’s feelings, I’ll almost always respond appropriately by saying “Who?” My response is not an guarantee that I’m interested.

It’s the same with your one-sentence business description. Just because it invites a response or question doesn’t mean you hit the mark. There are at least a few different reasons that someone would respond in a socially appropriate manner, and not all of them mean the person is interested.

The discussion started with someone describing an answer he heard at a networking event and most of the comments agreed that this answer was one of the best. When asked what she did, this woman said “I help mature women to look as attractive as possible.” While I agree this is a great way to describe the benefit of working with her, it still doesn’t tell me what she DOES. If I heard this, my mind would be flipping through pictures trying to make a match – is she a make-up artist, stylist, hairdresser, skin care expert, plastic surgeon, Botox practitioner or something else?

A lot of people maintain both in this setting and in marketing that the benefit is what matters and that people don’t care how you get there. I would say that the benefit is the most important, but I can’t be the only one who thinks that how you deliver it is also really important. Why is it important to me? In this case, it will dictate how much time I invest in seeing if we should get to know each other better. If she is a plastic surgeon, there’s not a great fit for me because I don’t know anyone who has plans to get surgery and in my entire life nobody has ever asked me for information or a referral on this topic. It would actually be a disservice to her to take up her time when there are people in the room she’d be better off meeting. If she is a make-up artist who mixes her own chemical-free, cruelty-free cosmetics well then I’m interested because that’s something I’d consider using and I know a lot of people who would also be interested.

My follow up question would be something like “So, um, what do you actually do? Are you a make-up artist?” In my mind, I’d be thinking about how hard this person is making it on me to get the answer to a straightforward question. It would also put them way down on my list of people I’d consider referring business to. Do you communicate this vaguely with clients? Will people I send you have to work as hard as I did to get a question answered?

So, what’s the answer? My current thought is that it’s best to include what you DO along with the benefit you provide, such as “I’m a stylist who specializes in helping mature women look as attractive as possible.” That way, you give someone a full picture that includes everything they need to decide if they want to learn more. I know I’d appreciate being answered in this way!

PS – If you go to networking events or want to start going, check out this free training by Sales and Networking Expert Don Talbert did just for my community: “3 Strategies for Really Working a Networking Event to Create a Continuous Flow of Leads, Referrals and Business.” Grab the audio here: Networking training call

Free call

Updated: The call is over, but you can grab the replay at the link.

Just a quick announcement – I have a free call coming up this week and I’d love for you to join me.  Being great at the providing your product or service for customers is only half of what you need for a successful solopreneur business.  On this call, I’ll share the other half with you.  Click here to reserve your spot.

Sign up for the call on “The 5 Essential Skills for Solopreneur Success” here.

 

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