Tough Love: We Have Work To Do

I say “we”, because I include myself in what I’m about to say.

whip

Yesterday, I posted that what we really need is more people with solid business skills. And Justin commented, rightly so, that many of the people shouting AMEN might just be part of the problem. He’s not wrong.

It’s not likely that each of you reading this post have all of your business skills down pat, even as you agree with me about the need for them. I know I certainly don’t. But I’m working on it.

For example, financial operations is something I know at a basic budget management and profit-and-loss level, but I don’t always understand financial management strategy and revenue modeling. So I’m learning from people that do, so I can be less ignorant in that regard, and more useful to my business and projects. That’s just one thing on my list.

Go back to the second to last point on yesterday’s rundown:

People who can admit what they don’t know, and seek knowledge or help.

That means you, too. US.

Each of you undoubtedly has a solid set of things you do well. Meg Fowler is an outstanding writer and wordsmith. Bill Sledzik is an experienced educator. Kellye Crane is a solid PR professional.

But each of us could do with a gut check about the things we need to improve. And we can help hold each other accountable.

I’m thrilled beyond measure that you guys come here and comment and like what I write. It makes me feel good to know you’re out there, and that you want to spend time to connect with me. I love that people shared yesterday’s post on Twitter and Facebook and said how much they agree with the premise. But here’s the thing.

Don’t you dare come here and say “great post” or “Amen”, write a few words of endorsement, and walk away. That’s lip service, and I’m challenging you to something better than that. Something bigger.

Don’t comment here that you agree with me. Don’t tell me this post was awesome. I’m here to change the way things are done, and that means mobilizing people to action, not talk.

What I need is for you to know what you don’t know. Have the stones to face it down. Think about and communicate what will help you be a better business person, and then do something about it. Share it here if putting it out publicly motivates you. If it doesn’t, leave here and go do whatever compels you to move. I would much rather your silence than your inaction. Please.

If you share this post, please do it because you’re encouraging others to get real, too. My having a voice out here does very little good if all I can ever get people to do is read, tap out a few words, think briefly, and go back to doing things as they always have. There’s work to be done, is there not?

Are you with me?

It’s NOT about the money!

What is the goal of business? As one classically trained in American business, I can confidently quote to you the textbook answer:

The goal of business is to increase shareholder wealth.

While one might think “shareholder wealth” would be open to interpretation, I’ll put your mind at rest by letting you know the almost universal understanding of the term is MONEY.

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Marketing on a Shoestring: 10 Ideas to Gain Visibility and Market Presence

It is said that money is the great inhibitor of innovation. When businesses have to trim budgets and increase market share—the scenario most of the business world found itself in these last eighteen months—it presents an opportunity.

Wall Street Journal owner Rupert Murdoch seems almost prescient with his 2008 statement: “The world is changing very fast. Big will not beat small, anymore, it will be the fast beating the slow, the nimble beating the bureaucrat, the aware beating the asleep, the world is flat and opportunities are for the taking.”

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Empathy: The first step in creating value

The first step in creating something valuable for your audience is to think and feel what your audience is feeling. Tom Asacker in A Little Less Conversation, p. 61

Empathy: getting really close to folks so you can almost see it from their eyes and feel it as they do

empathy

There’s never been a better time for small businesses and independents to leverage technology and excel! Asacker says you’ll need to “go deep” in your relationship with your marketplace. Deep enough, in fact, to be close enough to them during those precise times when they’re exposed to your types of products and services, evaluating options, receptive to messages, and making decisions, so that you can make informed predictions about how to stimulate their desire, have them care about and relate to you and your offering and, subsequently, make them happy (p. 61).

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