Business Strategist for Solopreneurs
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.
Do people ask you to do things in your business that you don’t like doing? If you provide services, are some of your services things you’d prefer not to do? Some business coaches might tell you to stop doing them, but until you’ve got a full roster of things you’d rather be doing it might be worth taking on work you don’t love as long as you can provide excellent work that keeps customers happy. Keep in mind that I’m only suggesting this as a short-term measure while you fill your business with work and clients you love.
I often see service providers in this situation – there is a service they don’t like providing or have no passion for, but people keep requesting and are willing to pay for it. It can be hard to find a way to start saying “no” when you’ve said yes to providing the service for a long time and people expect it.
I was working with someone who is a coach herself, and we were tackling this very issue. We were revising her menu of available services, and there was just one thing she absolutely hated doing but got asked to do all the time. In her case, this was not her main work but an add-on service that she neither advertised nor announced. It was just something people asked for so she started doing it even though it drained her.
This coach had hustled hard during her first few years in business, and as a result was at the next level in her business. She had several key referral partners and kept her practice as full as she wanted it. This dilemma was a symptom of a larger adjustment that needed to be made: it was time to get out of start-up hustle mode and into the business she dreamed of.
As we talked further, what came out is that while she disliked giving this particular kind of service, her clients loved it. What I suggested was this:
Don’t say “no,” say how much.
I other words, don’t deny people that want a premium service the chance to get it, just price it in a way that honors what a stretch it is for you to provide it. Putting a premium price on a product or service you don’t like providing accomplishes two things: it decreases the number of requests for this service and it compensates you for taking on something you find difficult to deliver. My client felt strange about this shift at first, and thought nobody would pay a price that she felt good about for this service. In the end though, she decided that it was okay if just a few people or even nobody purchased at the new price.
If you have an additional service that people love but that you don’t like providing, consider offering your customers a chance to buy that special service at a premium price rather than assuming that nobody would want it at that price. The results may surprise you.
How have you handled requests for services you don’t like offering? Tell me about it in the comments.
at the appropriate level of quality.
Gotcha, did I? The popular version of this saying is “Anything worth doing is worth doing well,” and for the life of me I cannot figure out how something so plainly false got to be so generally accepted as true. I could give you numerous examples from my personal life, and it applies to business as well.
There’s something about working on the internet, having a website, and posting things that everyone can see forever that compels us to try to do it perfectly. This is not only a huge time suck, but it’s also a disservice to the people who want to hear from you. They don’t want perfection, and you can’t deliver it anyway. No matter how great something is, it can always be better. I’ve found for myself and clients that most of what you do to run a business can be “good enough” with great results. I know people (not in my community) who delayed months even starting a business because their logo wasn’t perfect, or their website needed work or some other item wasn’t in it’s final form yet. As an entrepreneur, your website/logo/business cards/tagline/etc will always need work so don’t delay offering your unique gifts to the world getting them perfect. It’s an educated guess anyway until you start working in your business.
As solopreneurs, we are particularly vulnerable to this because the business is so closely related to ourself. This is a valid concern – you certainly don’t want to be putting junk out there with your name on it, but try to make an honest assessment of how good it needs to be to serve the people who need you. There’s often a direct correlation in how long you delay something and how close to perfect you try to get it. If your goal is to serve others though your work, you may be depriving them of something they want or need while you try to get it perfect.
I think, sometimes, there’s a temptation to procrastinate or hide behind getting things perfect. If a person can spend all day writing perfect tweets, then they’re “busy” and “working,” but don’t have to risk putting any real work out in the world.
The only place I encourage you to always do your best is in working directly with clients or in creating things to sell. These things should always get your best efforts.
How well do you do things? How do you decide? Are there things that aren’t worth doing well? Leave me a comment and tell me what you think.
I was talking to someone I know recently who is thinking of starting a solopreneur business. When I mentioned I could help with this, his replied that the only way he would take advice from me, or anyone, is to know exactly, in detail, how much money I had made in my business. His thinking was that if I had made X dollars then I have something that he could replicate.
There’s a few problems with this response. First, let me state that I admire anyone who checks out a coach or adviser before hiring them. It’s really important to make sure the person knows their field before you trust them. Anyone can appoint themselves guru, expert, etc. so title alone won’t tell you anything.
The first problem with this is personal boundaries. While I understand the logic of asking the question, I would not reveal something like this in detail. I think it’s great when business coaches share their successes in general terms like 6 figures or multiple 6 figures, but that’s as far as I would go. It simply feels icky to me to have to reveal so much personal data in order to win a client.
The second problem with this is that it ignores how long the person has been in business. If I had answered this question within the first 6 months of my business, the figure would not have been very impressive. That didn’t mean that I wasn’t already helping people. I had 10+ years in business in a variety of settings before I ever started my business, so from the onset I was able to offer something valuable.
The third problem is that there isn’t one business model to work from. Just because I have success with mine doesn’t mean someone else, in a different kind of business, could replicate it.
The fourth problem is the difference between revenue and profit. Revenue is all the money that comes into a business, where profit is what is left after paying expenses. If I said I made 1 Million dollars in revenue or sales, that sounds impressive but what if I spent 2 Million bringing that in? That’s pretty dismal.
The last problem using this to check out an adviser is that you have no way of knowing if the person is telling the truth. Anything can be fabricated, even tax returns or account data. The person who asked me this question already knows me well enough to know I wouldn’t lie, but how could you have this knowledge of someone you just met?
So, having established that asking for detailed personal financial information is not the way to evaluate an adviser the next question is what is the right way?
Here are some ideas to get you started:
Know enough about what you are seeking advice on to have a conversation about it. The same way you do your research on a new car before setting foot in the showroom, do your homework here as well. Learn what pitfalls to ask about, and learn some best practices so if you hear something different you know enough to ask about it.
Look for testimonials or ask for references. This is proof that they’ve already gotten results for people.
Look for long-term consistency such as a blog or newsletter. Almost anyone can look good in one conversation but to publish solid information over an extended period of time is a strong indicator that the person has a depth of knowledge and experience to share.
How do you check out someone you are thinking of hiring? Tell me about it in the comments.
I admit it, I’m a productivity junkie! I devour information on the subject – books, magazines, newsletters, blogs, etc. – I want it all. Apparently, I’m not alone – there’s a running joke in the productivity communities I frequent about procrastinating by studying how to be more productive.
I’m also a big fan of the scientific method and use it in my daily life all the time. I’ll read about something interesting, test it and decide if it works for me. My personal productivity and time and task management are no different. I’ve got an ever-changing system to keep it all together.
One of the rules I hear most often from experts on productivity is that nobody should check email first thing in the morning. The idea behind this is that it is reactionary – you open your email and start handling whatever is there regardless of how it fits into your business success plan. Once you get into your email, it can be hard to get out. By the time you get to the bottom, more messages have arrived. “Just a peek” turns into hours. A quick question and response leads to a live chat. These long email firestomping sessions rarely lead to anything profitable and they take you out of the driver’s seat for your day. I’m sure you’ve experienced being sidetracked by email – I know I have.
Many experts say you should start your day with something other than email. That something could be an activity you decided on yesterday, your current profit-making project, whatever you find most difficult, what your morning energy level dictates or any other intentionally-chosen project you decide on. It makes a lot of sense, given how easy it is to get sucked into the email rabbit hole. However, this is one area where I don’t follow the experts’ advice
I have a list of things I do first thing every day and email is one of them. I love getting my daily business “housekeeping” out of the way and having a clean slate going into whatever I do next. I like having an empty inbox going into my day so I can spot any urgent messages more easily. It’s great to know that at least once a day, my email inbox is at zero messages and I’m no more than one work session away from zero again.
I think one of the reasons this works for me is that I have a process for handling my email and a specific end point which is an empty inbox. Once I process all the messages that I had as of a certain time, I’m done until tomorrow except for urgent messages.
So what’s the point of my telling you this? First, by all means read what experts have to say but then test and assess for yourself. What works for most people may not work for you. Second, I wanted to give you an alternative to what you might read elsewhere about handling your email.
How do you handle email? When in the day do you look at your inbox? Do you ever buck the advice of experts in this area or others? Tell me about it in the comments.
I was working with someone recently who wants to start a blog, but is concerned about having enough content. “How do you come up with ideas to blog about 
consistently?” she asked. We talked about a few strategies for having consistent blog material, but I decided to share my best one, which is actually one of the simplest.
Here is the strategy, summed up in one sentence:
Keep a list.
It really is that simple, but there are some caveats that make it really work.
First, keep your list on your computer in an easy-to-access format and location. If you’re a big fan of paper, you could use paper but the computer works better because of the ability to change, add and remove things as well as the ability to back up your list. You might start with one idea, and that one idea spawns off several other ideas. By keeping them together, you’ll have the makings for a series. You can use a spreadsheet, document or list-making software, just make sure it’s something you love to use. The list should be kept in a way that removes all barriers from using it regularly. If you want to use paper, make sure you use something nice that inspires you to update your list. Don’t use random scraps, and keep it all in one place.
Second, use your list. This is the one and only place blog ideas should be stored. Every time you have an idea, put it here. If you’re not near your list when you get an idea, make sure to capture it so you can add it later. Be ready to grab an idea wherever you are: dictate a voice note to yourself, send yourself an email, call your voicemail, even jot it down on a piece of paper you know you will deal with later.
Third, cross off or strikethrough ideas once you’ve used them but don’t remove them from the list. Someday, that already-used idea might trigger a new one, and you’ll have a sense of what you’ve written about.
Why does this simple strategy work?
By having an inventory of blog topics, you’ll be under no pressure when it’s time to write a post. Having a system to capture and store ideas allows your mind to work at your leisure, not under fire. It capitalizes on your awareness, i.e. by creating a system you’ve created a new area of focus for your mind. Did you ever have the experience of a friend buying a new car in a model you’ve never heard of and all of the sudden you see that car everywhere? It’s the same idea – creating a concrete system to store blog ideas helps focus you on those ideas and you’ll see them more often.
Do you keep a running list of blog topics? How does it help your blogging?
When I talk to new solopreneur business owners, a common theme is overwhelm at all there is to implement and later maintain. These new solopreneurs are right, 
there is a lot to implement and maintain to create a successful business. Just to name a few, there are:
These are just a few of the projects that new solopreneur business owners need to tackle – there are many more, which is why it can seem like a daunting work load.
There is one critical key to getting all of these projects implemented, and that is to do things one at a time. If you are anything like me and most people, you’ll want all of this done right now. We see people with robust, established businesses and start trying to create that for ourselves yesterday. The reality is though, that people with established businesses didn’t get there overnight. They started somewhere and chugged away at adding things to get where they are today. No matter where you are in building your business, this is one of the best ways to make sure you get where you need to be.
I realize that this is not a glamorous, exciting take on building a business. Some people may be able to jump right in and have all of this done fast but that’s not the norm. When you see a business you’d like to resemble, see how long they’ve been around before you start thinking you’re coming up short.
Along the way, it might be tempting to jump into things too soon. If you are drawn to entrepreneurship, you probably have “bright, shiny object syndrome” which means new ideas and projects pull you like a siren song. It’s especially tempting when you are in the thick of implementing something and it’s gotten boring but isn’t done. Along comes the next new thing and it’s fresh and exciting, and we’re tempted to abandon the half-done project for the new one. Don’t give in! Anything you take on will only produce results when it’s done, so if you keep jumping to new projects without finishing the old ones you won’t get the results you want.
Have you been tempted into a bunch of half-done projects? How did you get some of them done? What’s worked for you in building your business? Tell me about it in the comments.
(Update: 10/9/13: Several items in this post have changed since I originally wrote it. I still use and love Timetrade, but it’s now offered on a freemium model and the pricing is different than I describe. It also integrates with iCal now and they’ve added a lot more features. The general reasons I love this tool are still the same.)
If you work by appointment, you know that scheduling can be tough! In the early days of my business, someone would request an appointment and I’d send them 3 or so choices. Then, I’d have to hold those choices open until I heard back from them. If another client wanted to schedule, I’d have to come up with a set of different choices for that client or put them on hold until I heard from the first client. In the meantime, client number 2 has to put his or her appointment setting on hold until they hear from me. What a mess!
I’m so much happier with my scheduling process now that I use an automated scheduling tool. What is an automated scheduling tool? It allows anyone to whom I’ve given a link to self-schedule their appointment at a time when they know I’m available. I get great feedback on my scheduling process and I can’t even guess at how much time it’s saved me and the people looking to schedule with me.
There are several choices for an automated scheduling tool, and the one I use is Timetrade (timetrade.com). After a free trial, it’s about $30 per year and well worth it. Once you sign up, you link Timetrade to your Outlook or Google calendar and set up some rules for appointments such as the days and times you will accept appointments. Timetrade will then offer appointments that follow your rules and are not already taken by another appointment. Visitors do not see what you are doing when you aren’t available.
I work in 15-, 30- and 60-minute sessions by phone or Skype, so each of these choices has its own scheduling page (called “activities” in Timetrade). If a person has purchased a bundle of 30-minute sessions, I give them the pages where they can schedule a 30-minute call or Skype session. Because of the way the system is set up, the visitor can only schedule a 30-minute session which leads to fewer mistakes and rescheduled appointments.
Another great use for an automated scheduler is to avoid playing phone tag! People are so busy and a lot of productive people I know don’t answer their phone whenever it rings to it can be really hard to connect. If I want to talk to someone, I send them to a page where we can schedule a quick phone call at a time that works best for both of us.
There are other great scheduling tools available, so look for the one that will work best for you. The one feature that was non-negotiable for me was using a tool that eliminates back-and-forth. One scheduling tool I tried requires visitors to send you two options of when they want to meet. You then have to get the email, review it and pick one before the appointment is confirmed. This defeats one of the main purposes of using a scheduling tool. I much prefer that my clients and callers can book and confirm an appointment on the spot. Timetrade also sends a confirmation email without requiring your visitor to have an account.
Timetrade is just one of 32 resources I share in my Solopreneur Success Rolodex. Grab your own copy by clicking here and save yourself some headaches!
As solopreneurs, we are often asking people to take action in some way. The most obvious way is to make a purchase, but there are other things we want people
to do such as enter an email, download a report, answer a question or take a survey. How do you get people to respond to a non-sales call to action?
First, make it obvious what you want them to do and why they should do it. I cringe when I see someone I’ve never heard of saying “Like my Facebook page.” They got the first part right – it’s very clear what they want. But why would I do that? If I’ve never heard of the person why would I waste even a few seconds checking their page out without more information? A better choice might be something like “Like my Facebook page for daily tips on training your rescue dog.” Now I know what they offer on the page and can make a quick decision as to whether it’s for me. The only exception to this would be celebrities, sports figures, politicians, etc who are innately interesting to their fans.
Second, make it easy. People don’t have the time or attention span to read complex instructions on your calls to action. What you are asking them to do should be easy – click a button, enter an email, fill out a survey, etc. The most difficult request I’ve seen was someone asking for 5 questions to be submitted via Twitter direct message. The person was gathering information, so other than helping him or her there was no incentive to the reader. They didn’t ask for only 1 question, they wanted 5. Twitter direct messages are one of the more inconvenient way to submit questions as well. If you’re asking for help or feedback, make it really easy for people to jump in and do it.
Third, offer a thank you for their help. Don’t make it too enticing or you may get people doing what you ask just for the reward. If you are trying to survey your market, this might skew the results or you might get people just slopping their way through whatever you ask for just to get the reward. For ideas, you could offer a free downloadable product or one of my favorites, offer to mention them in a tweet. I was thrilled to complete a survey for someone who offered to thank you in a tweet to her tens of thousands of Twitter followers.
Don’t be afraid to ask people to help you or to do something. Just make it obvious, easy and rewarding for them to do so.
Have you ever had a successful call to action? What made it a success?
I was with a friend over the weekend, and she mentioned an event that she was going to and thought I’d be interested in attending as well. She had told me about it a few years ago and I checked it out and decided it wasn’t for me at this time. When I told her so, she was absolutely stunned! Here she was, presenting me with what seemed like a golden opportunity and I was turning it down. Her thinking was that my business must be at capacity or otherwise I’d be going, but that wasn’t my reason.
The reason I wasn’t going comes down to the #1 thing business owners must have to succeed: strategy. Strategy is everything in a business. It means that everything you do is intentional and has a purpose that contributes to your success. For live events, strategy doesn’t mean going to any and every event that is open to you and hoping that it will help. Strategy means having a specific aim in mind for attending events, and a specific type of person you want to meet. To show how having a strategy guides decision making, I’ll tell you why I turned this event down.
For my business strategy, if I’m going to an event to meet potential clients then the event audience should have some correlation to what I do. There should be something about the event that attracts people who have or want their own solopreneur business. The event my friend invited me to was more or less a random assortment of the public. There was no attraction specifically for the people I feel most called to serve, solopreneurs.
The second factor that led to my decision is that this event required 5 to 8 hours on a Saturday plus prep time. This is a massive chunk of time to spend in an untargeted manner. There was also no guarantee you’d actually get any time in front of anyone. The event is run in a very free-form manner, and people may or may not enter your room when you give a talk and they can come and go as they please during the talk. This isn’t conducive to sharing anything of value with anyone.
The final factor to consider is that I live in the Los Angeles area, and there are dozens of events every week. I haven’t even begun to attend all the events I could that would possibly have people interested in what I do. Until I’ve made a considerable showing at those events, it simply doesn’t make sense to go to an event filled with random people.
It’s easy to pulled off course if you don’t have pre-set goals and strategy. Having those in mind helps guide your decisions and give you something to measure your success.
Have you set your goals for the year and your strategy for achieving them? Tell me about it in the comments – I’d love to hear how strategy helps you or if it doesn’t. If you don’t have a strategy yet, let’s talk and start setting one up. Click here to schedule a call with me.