my own journey – Page 6 – Michele Christensen

What’s the best thing to learn to grow your business?

Michele Christensen on solopreneur business growth — The best thing to learn to grow your business

This is an interesting question. I was participating in a forum discussion on this topic and the answers were varied – marketing, time management, technical skills related to what you sell, sales and a few others popped up. While I agree that all of these are important, my answer was “how to be a business owner.” This is the single most important thing to learn to grow you business. You can be the best at what you do but if you don’t know the skills required to run a business with those skills then it’s improbable you’ll have a business. What does it mean to be a business owner? What are the skills you need to run a business well? How does this apply to solopreneurs?

Being a business owner encompasses everything that is not involved in delivering your product or service. Imagine owning a restaurant – the main activity is serving food to customers. The owner may or may not be involved in food service, but he or she has to do all sorts of things to make sure the staff can serve food. The owner has to make sure all the supplies are in house, proper licenses and inspections are maintained, all applicable laws are followed, inventory is managed in a cost effective way, customers continue to come through the door, profits are adequate, staffing needs are handled and that the customer experience is consistent from visit to visit.

Normally in a restaurant, there are levels of staff such as owner, manager and supervisor to make sure all the tasks get done correctly. As a solopreneur, the challenge becomes being good both at the product or service we sell and being a good business owner. Business ownership actually encompasses many different skills, so aside from having a great product or service there’s a lot to learn. I’ve worked with lots of people who were shocked to find out it wasn’t enough to simply have a great product or service and in fact I learned this myself after first launching my business with a slightly different focus than I have now.

So what should you do to get started on building your business skills? Here’s a list to help you along.

Make sure you have a great product or service and that you are continually adapting to what your market wants. If you don’t have a great product, no amount of business skills will build you a viable business.
Commit to serving people in the highest way you can. Make it your goal that both you and your customer leave every transaction better off than you were before.
Realize that building business skills is like keeping physically fit – you’re never done. Like fitness, you’ll first need to develop a base level of competency and then keep up your efforts forever.
Pick a handful (not too many!) of businesses who you love to purchase from and study what they do. What makes you love them?
Feed your brain a steady diet of information and learning on the topic of business skills. Blogs, newsletters, forums, podcasts, books, etc are all good sources of information.

Teaching solopreneurs business skills is a huge part of my mission so I’d love to help you with this!

Solopreneur Growing Pains

Most solopreneurs I’ve worked with start small and bend the rules to establish themselves. It’s common to start by giving away some free services in exchange

for testimonials or referrals and offer big discounts to hone your craft and gain some momentum. Policies are only loosely enforced if they exist at all in those early days. What almost always happens is that at some point the business is humming along and the business owner still has clients who came on board in the early days and this can create tension for the solopreneur who now has to serve those clients under the old rates or service plan even though it’s no longer appropriate for the business. In those early days, it was fine to get a last minute cancellation since your days were wide-open, but now that means lost income from an empty slot you could have filled with more notice. Maybe some of those early clients are only paying about half of what you charge now.

So what do you do? How do you handle these growing pains?

Start by getting clear on what you want. What rate do you want? How much notice for cancellations do you want? What travel reimbursement do you want? What services do you no longer want to do? Don’t worry if you don’t think you can get all these things right away and still fill your practice – it’s important to know what you want so you can at least begin moving toward that model.

Decide on how much you are committed to the model you want. If you adhere strongly to your model, you may lose some clients off the bat. It may be okay to phase things in over time or give someone a grace period. You may decide to keep some clients even though they don’t line up exactly with your desired business model. When making a change like this, you can do it gradually or all at once depending on your comfort level and your market. If there are services or products you’ve offered that you no longer want to do, consider offering them at a premium price instead of not offering them.

This can be a painful and uncomfortable process but it is necessary to continue your business progress. Your policies, fees, business model and array of services will continue to change and grow with you. At least a few times a year, check in with how you feel about these areas of your business and see if it’s time to grow a little.

Be up front with your opinions

I’ve been writing and posting web content for business in various forms for several years. When I first started, I was shy about causing controversy. I didn’t want to offend

anyone or go on record saying something that someone found offensive. I was striving to be accurate and useful but not necessarily bold in my work. Over the few years I’ve been writing for business, I’ve gotten just a little bolder and in the last few months I’ve really begun to write about what I believe, what I value, what I’ve learned and what I think. It has been a bit unnerving to be so up front when you know that lots of people could read it and that your writing could exist forever. My own business has undergone some big changes in the last year and some things were just bubbling up and needed to be said.

The surprising result is how much more successful my writing is! I’m getting more Tweets, comments and emails from people reacting to things I’ve written. My community is growing. Believe me, nobody expected this less than me. It felt a little self-centered to be honest, spouting off about what I think and feel. I kept thinking that I should be sharing what the big name gurus say, not what I say. Results don’t lie though, and I’ve changed my thinking to reflect that this is how I can provide value. Here are some ideas you can use to be more up front in your business writing:

Pay attention to what people ask you. Even if just one person asks a question, chances are more people have the same question.
If something happens that you feel strongly about, see if you can use the experience to generalize a larger point.
Conversely, if you are writing about a general rule try to use some specific points to illustrate it. Including your own experiences can be great!
Don’t be afraid to show your mistakes. Successful business owners do make mistakes, they just react to them differently than unsuccessful business owners. Be sure not to undermine your authority when sharing your mistakes.
If something disturbing happens, by all means you can use it in your business writing but take some time to react to it privately first. Don’t use your business writing to process your feelings.
Sharing yourself is great, but {opinion here!} I don’t appreciate hearing the gory details of someone’s personal issues when I’m part of their community to read their professional work. Everyone goes through things, and sometimes you can illustrate coping skills and fortitude by sharing some of your personal life in your business writing but keep it in check.

If you have great things to share, try being a little more bold with your opinions. You can be strong in your beliefs without making others wrong for disagreeing.

Product review – Google calendar

The basics

Google calendar is included with all the features you get when you open a free Gmail account. In spite of being free, it’s really robust and loaded with features. I’ve used Outlook and Blackberry calendars before, and I can’t find anything that’s missing with Google calendar. If you have an events calendar for your company, you can use Google calendar to get it published on your website without any programming skills.

What’s to love

Here are just the top 5 features that I love. There’s many more, but this should give you enough incentive to check it out. There’s also some newer features being tested at Google labs which you can enable as well (check under the Labs tab of calendar settings).

It syncs with my Timetrade (timetrade.com) account so clients can schedule their own appointments. Timetrade only shows when I’m available, not my appointments or what I’m doing when I’m not available.
Custom privacy settings make it easy to share as much or as little data as you want with your spouse or assistant.
You can invite other Gmail users to events and when they accept it shows up on their calendar. This is great for getting things scheduled with no confusion.
You can specify multiple calendars to see in your main view. Mine shows appointments in red, birthdays I’ve entered in blue, US holidays provided by Google in blue and business tasks or reminders in purple. This is helpful because I know at a glance what appointments I have and can look just at that if I want. You could use this feature for various family members or company functions.
I love the seamless sync with my Android phone.

I could go on and on (and often do!), but you get the idea – it’s a great product that happens to be free. This is one of 32 resources I’ve compiled in my Solopreneur Success Rolodex, which you can download by clicking here. The entire rolodex is a pdf with links to the best resources I’ve found for solopreneurs. See a preview of some of the resources and grab your copy today by clicking below:

Michele’s recommended resources

Pricing – just say how much will ya?

Michele Christensen on pricing for solopreneurs — Just say the price, please

Most solopreneurs I come in contact with love what they do and want more than anything to help people. They aren’t born salespeople and can feel uncomfortable with talking sales or pricing. I didn’t like sales at all when I first started, but now I know that sales doesn’t have to be high pressure or manipulative and I like it a lot more. I now think of sales and marketing as presenting myself and my services in the best possible way to assist people in deciding if I’m a good fit for them.

In the last few weeks though, I’ve read some articles that suggested tactics I’m uncomfortable with. The theme of these articles is that when talking to a new prospect that you duck any question involving price until you are ready to present the issue. At least, that’s how I describe the techniques in my words. They presented various ducking tactics but none of them simply answered the question “How much do you charge?” Most sales trainers would disagree with me, but if someone asks you that very direct question I think you should answer them with a dollar amount when they ask. The only time I would say something different is if I’m not sure which package or pricing plan would be best for a person and if that’s the case I tell them so.

I know if I asked the direct, simple, clear question of “How much do you charge?” and got a song-and-dance instead of an answer I’d feel all sorts of things and none of them point to signing up with the person. It feels condescending to me to assume I know better than my prospect what they need. I almost always have a price ceiling in mind when I’m considering a purchase and if we can establish in the first 5 minutes that the service exceeds that ceiling then there’s no point in wasting any more time. If someone didn’t answer my pricing question, I’d be concerned that it must be a huge figure or they would have stated it. I also think it gets in the way of a deep conversation where you can be of service regardless of whether the person buys or not. If I’m wondering about pricing and the person ducks my question, I’m going to be thinking about price not what we are actually talking about.

Am I unique in this? How would or do you feel when you ask about pricing and get an evasive answer? Have you used this technique with your prospects?

Using Facebook as your Facebook business page

If you use Facebook for business, you’ve probably heard about the feature they introduced a few months ago that lets you use Facebook as your page. For example, instead of using Facebook as Michele Christensen I can use it as Michele Christensen, Business Strategist. Any comments I make, things I like, content I share, etc all are attributed to my page name not my personal name. At first, I didn’t think much of this feature but now that I’m fully using it I think it is genius. This ability to change how you use Facebook allows you to do some great things.

First, it allows you to separate your business and personal use of Facebook. For some business owners, there’s a lot of overlap between their personal and business use. For me, I the two worlds only have a little bit of intersection. On my personal page, I post the not-so-interesting minutiae that my friends and family are interested in, and just once or twice a year I might post a business item if it would seems relevant. On my business page it’s just the opposite – almost all business with a little bit of personal news tossed in for interest. Being able to do almost all of the same functions as your page instead of your profile lets you pick how much your two Facebook circles overlap.

Second, you can like other business pages as your page now. This is great because I can keep my personal likes – restaurants, vacation spots, causes I’m involved with, etc. on my personal page and my business page can like businesses that I’m interested in. It’s great to be able to focus exclusively on business or personal when I’m looking at my news feed. It’s also a great way to share with your fans the businesses you think warrant a like.

Third, you can comment, like, post and share all under the name of your page which means great exposure for your page just for doing what you would do anyway. If you’ve made an interesting comment, someone can click right over to your page and see your professional presence rather than pictures of your pets and last vacation.

I’m probably more in favor of separating personal vs. business use of Facebook than a lot of people are but I’m sure there’s loads of ways for anyone with a business page to benefit from this new feature. How do you use this feature? Do you think it’s important to separate your personal and business use of Facebook?

Why I love my email newsletter service

Today is the first post of many on services that I recommend for your solopreneur business. I’ll also be introducing a brand new resource that will allow you to get a comprehensive listing of all the products and services I use. Today I’ll tell you about the email newsletter service I use and why I love it. If you want to get on my email newsletter and test the service I use for yourself, use the signup box at the right.

I’m going to start by assuming you already know the value of an email newsletter for your business. If you’re not familiar with how an opt-in email newsletter can benefit you, stay tuned because I’ll be discussing that in future posts. If you want to have a newsletter, than you need a newsletter service. Don’t try to do it from an email provider like Outlook, Gmail or from the email address provided by your hosting account. You’ll save the service fee, but in the long run it will probably cost you money because you’ll have to handle things like subscribe and unsubscribe requests by hand. Since I’m committed to giving you good information for you business I feel compelled to tell you that not using a service makes a poor impression as well.

I use Aweber for my email newsletter service. I’ve been with them for over a year, and I’m very happy with the service. They do well with the basics like stats, reports, subscribe and unsubscribe requests, social media blasts, list segments, web forms, etc but that’s not why I love the service as much as I do. On top of the basics, there are 2 things that make Aweber stellar in my opinion.

First, they have a strong anti-spam stance that is woven throughout the entire customer experience. It’s not that you get one anti-spam message in your introductory materials and then it’s done. They obviously value preventing spam greatly so they do all sorts of things to encourage you not to spam and to make sure you don’t do it accidentally. Numerous times, I’ve been added to a newsletter by someone who assumed because they had my email address it was okay to add me to a newsletter and this has never happened to when the sender used Aweber. When I’ve done live events, I manually enter the names of people who fill out a form stating they want my newsletter and even in that situation the software reminds you to only send to people who want you to.

Second, they have great customer service. Their online information base is great, but when you need a person you call or live chat their Pennsylvania offices during business hours and get a live person right away. They figure out who you need to talk to and get you to them without making you jump through hoops just to talk to a person.

These features have made it easier for me to have a spam-compliant newsletter that goes out regularly which has been a boon to my business. Oh, and yes they have an affiliate program and yes the links here are affiliate links!

This is the first of many resources I plan to share with you. If you can’t wait for the rest of them to be revealed, you can grab my entire rolodex by clicking here! This is a brand new resource and as you can see I haven’t even set up a proper opt in page for it but you can still grab it right away. It is updated for 2011 and contains 32 resources I use and love.

Have you “arrived” in your business?

Have you reached your business destination?

Every once in a while, someone asks me a question that throws me for a loop. In the moment, I’m usually just trying to think of something to say other than “Huh?’ but after thinking about it I usually find that the reason it throws me is that it’s not the right question to ask. A few weeks ago, an acquaintance of mine asked me one of those questions.

I hadn’t seen this person in about 2 years, so he didn’t know what was going on in my business. When I told him about it, his response was “So, is this it? Is this what you’re going to do with your life?” At the moment, I just told him the truth which is that I loved my business and the people I work with and felt I was doing important work. What I later realized is that the reason the question seemed off to me is that it doesn’t line up with the way I see people evolve and change over the course of their life. For many people, particularly the solopreneurs I work with, there’s an ongoing change of focus. We don’t suddenly wake up one day and say “Yes, this is it, what I’m doing forever.” We continually learn and grow, and interests wither as we find new passions. The underlying assumption I heard in his question was that everyone is on a one-way journey to a certain place where they will park their career until retirement, and that you’re either there or not.

The solopreneur journey is often very different from this linear path. We start with a grand idea, and from then on the business undergoes steady or sometimes sudden change. My own business is in probably it’s third focus since forming in January 2009, and I’m still learning and growing. Since you’re the boss, don’t be afraid to change your mission. In fact, expect that your mission will change. Not many solopreneurs stay with the same business they start with, so give yourself permission to grow and evolve over time. If you’re drawn to something new, it’s probably because someone needs that from you.

Leave a comment telling me how your business has changed since you started it. Were you surprised? I was.

Picking a niche – scary but oh so worth it!

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.

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!