Yosemite Falls

What Yosemite Falls Taught Me About Business

Yes, it was perseverance, passion, and purpose that got me to the top of Yosemite Falls, the tallest waterfall in America.  I recently took a vacation to Yosemite where I hiked 2,700 feet of steep vertical terrain up the Yosemite Falls trail. It was a steep 8 mile and 8 hour round trip hike. The last hour to the Falls was brutally steep. The sun was pounding on my back. My feet were screaming at me and my muscles were beyond tired. To say it was a grind would be an understatement. Did I mention how steep it was? Look, I am not going to tell you that I was holding a VISION of getting to the top. Nor was I using any kind of mind over matter mental strategy. It was just 3 things; perseverance, passion, and purpose. I began thinking how these three words can easily be applied to business:

1. Perseverance

I wanted to give up and turn back.  Instead I took a lot of breaks along the way. In business, sometimes we may need to take a time-out and reassess our game plan. Don’t be afraid to pause and reflect on what you need to do next in order to keep moving forward versus throwing in the towel or worse, taking action with no results. Isn’t that called chasing your tail? Or, throwing stuff at a wall and seeing if anything sticks? Staying the course and focusing on your goal is what perseverance is about.

2. Passion

I was intent on getting to the top, but there is no way I would have made it to the top if I did not have a passion for moving my body within nature. With every step I took I grew weary, but at the same time I became increasingly ALIVE! I was grateful for my legs for propelling me forward. I became aware of my breathing. I felt my life-blood pulsing through my veins. I could see and smell the water fall cascading down the stunning sheets of granite. I was conscious of how nature was dancing all around me. I witnessed the beautiful rhythmic motion of wildlife as I climbed the mountain. Are you passionate about your business?  I believe it’s that passion that will get you out of bed in the morning when times get tough. It’s the passion that is going to motivate you when you feel stuck.

3. Purpose

I  had one purpose in mind. It was not getting to the summit of Yosemite Falls. It was to move my body within nature on a beautiful trail. That day was definitely all about the journey, not the destination. An added bonus was reaching the top, but my main purpose was to connect with nature.  Are you clear on the purpose of your business?  Does your business have some kind of meaning or purpose for you? Yes, we all know that the purpose of business is about making profits or else they cease to exist. Pardon me for stating the obvious, but beyond profits, why are you in business? What is your purpose?  Are you clear about your purpose?

Is this your first time reading Hware’s (HumanityWare) Blog? Hi, I am Brenda Tello Horton. I write most of the blog posts for Hware. I invite you to join me by subscribing. I share small business tips and strategies about once a week right here.

Does Your Target Audience Know Your Brand?

Here is a short exercise I often share with my clients about brands:

1. Quickly. Think of a car. What image comes to mind?

2. Quickly. Think of an airline. What company comes to mind?

3. Quickly. Think of a Realtor. Who comes to mind?

Whatever answer came to mind is the company that owns your mindshare. The brands that own the largest real estate (mindshare) in your head are the ones that have been most successful in infiltrating your subconscious mind. Now I am no brain research expert, but there have been thousands of studies done that explain how people make purchasing decisions. Advertising agencies and marketing firms spend approximately 6.8 billion dollars annually on market research.  They use the information to analyze buying behaviors. Have you ever had a musical tune stuck in your head from a commercial?  That’s branding. Have you ever bought something just based on the logo?  That’s branding. Have you bought brand name shoes, accessories or clothes because they were popular? That’s branding.

Perception Realities and Truths

It’s important to understand how your target audience perceives your brand because their perception is their reality and one’s reality is what they believe to be true. Whether their reality is right or wrong, good or bad is irrelevant because you can’t control what your customers will believe to be true or false. In other words, you cannot control what or how your customers think. However, you can influence their thoughts or perceptions of you, your products, services, and your company. It is from their perceptions and thoughts that they will base their reality and formulate what they believe to be true or false about your brand and your business.

Is Your Perception your Reality?

To make the point of perception clear, here is an example.  Ever heard of a guy name Ralph Lauren? He is known for his famous Polo clothing brand. What most people don’t know is that his real name was Ralph Lifshitz. Well, when Ralph was a young man, he had aspirations of becoming a gazillionaire. Understanding the psychology of perceptions and realities, he knew that he’d have a hard time convincing the world to buy anything with the word Lifshitz on it. So, he legally changed his name to Lauren. Well, Lifshitz’s dreams came true. As of 2010, Forbes estimates his wealth at 4.6 billion, which would make him the 173rd richest person in the world. Did changing his name attribute to his overwhelming business success? I think not.  It takes a lot more than a name change to grow a successful business, but I think it certainly helped him along the way.  One thing is blatantly clear about Ralph Lauren. He understood the power of perceptions.  He built an empire from images and ads of affluent lifestyles. Even though his target audience did not represent the super affluent that were portrayed in his Polo ads, they nevertheless perceived a strong a connection with them. Now, I am not here to promote manipulative advertising or disingenuous marketing. We all know that most ads are designed to exploit human insecurities. The point I am making is that if you are crystal clear on the message you are sending to your target audience, then you have a much better chance of building a successful business. Ralph Lauren was clear about his brand. He wasn’t selling clothes in his ads. He was selling a lifestyle that people aspired to live.  In other words, he was really good at influencing the perceptions of his target audience.

What Motivates Your Target Audience To Buy?

A few years ago, when I started using Twitter, I kept getting the #Follow Friday hashtag on Twitter as the person who is sweet, inspiring, and nice. Well, that was fine, but the problem with that was that no one was thinking of me as the person they looked to for business advice.  As the owner of an online business training company, that was not good. I then realized that I hadn’t really been paying attention to how I was being perceived on Twitter. I just assumed that everyone who was following me on Twitter knew I had an online business training company because it said so on my bio. What that experience taught me was that I needed to change the type of content I was posting on Twitter. I then began to post less of the inspirational and uplifting quotes I loved to share and more useful small business and entrepreneurial related information. Within six weeks, I began to see  much different commentaries for the #Follow Friday hash tag under my name @BrendaHorton. The comments were more in alignment with my online business training company. I knew that my changes were effective when a Hewlett Packard representative contacted me on behalf of their small business division to discuss a product they were launching for the small business community.

At the risk of oversimplifying the psychology behind marketing and brands, I hope you found my explanations relevant and useful to your small business. Do you know how your target audience perceives you? Is your company the first name that pops into the mind of your target audience when they are thinking of buying what they need in your industry?  How can you improve upon your brand?  What are your thoughts on brands, perceptions, and realities?  Please leave your comments below. I’d love to hear from you. If this is your first time stopping by, be sure to subscribe to my blog.  I write a blog post about once a week on business tips and strategies.

Hware’s Top Picks: Some Old, Some New, Some May Surprise You.

As an online business training and coaching company, people often want to know where we go for our business resources and who we turn to for advice, tips, and strategies.  While we have been offering business and technology consulting services for over 25 years, we believe in the importance of being students of life. That means that we never stop learning. We have a huge library of online resources, personalities, brands, and strategic organizations that we tap into daily and weekly. It was hard to narrow it down, but we finally came up with the BEST websites to help you build your small business. So grab your favorite drink and check out the  top 15 websites that made the cut! Please leave your comments below and let us know what you think:

1. Altimeter group: A research-based advisory firm.  This is where I go to get a lot of data driven info on business strategies.
2. Chris Brogan: If I had to pick one industry expert on social media and business. It would be Chris Brogan. His book, Trust Agents is a must-read!
3. CopyBlogger: Copywriting tips for online marketing success.  This site has a ton of valuable FREE resources and tips on blog writing.
4. Gena Livings: For inspired living.  My dear friend, Gena Livings is changing the world with her lifestyle modification services. Be sure to download her free e-book. It’s inspiring!
5. Green Festivals: If you are a “Green” business who sells B2C, you cannot afford to not be an exhibitor at this event.  Co-founded by my good friend, Kevin Danaher, Green Festivals is on the leading-edge of bringing all things “Green” to the mainstream. Four events are held throughout the year in Washington DC, Chicago, Seattle, and San Francisco.  We have been attending since the first Green Festival and this event just keeps getting better every year, especially the after parties!
6. Mashable: The most popular Social Media News blogs on the internet.  Take your time absorbing the information, it can be overwhelming for newbies. You will want to bookmark a lot of the material and use it as a reference later.
7. Michael Franti & Spearhead: (Okay, this has very little to do with growing your biz online, but I could not resist plugging my fave band. I fire up this music to keep me motivated and inspired for my biz.)  As entrepreneurs, we all need music to keep us motivated, inspired, and happy! We LOVE to dance to Spearhead music! If you ever have the chance to see a live Michael Franti and Spearhead concert, you must GO! It’s life altering!  What’s your favorite music that keeps you going?
8. Mixergy: Andrew Warner interviews CEOs and Founders of successful companies . I love his in-depth questions of business leaders. He is young and bold and he asks really good questions.  I love to go hiking on my property while listening to Mixergy interviews on my iPhone.  I always learn something new from this twenty something year old.
9. Read Write Web: This is a technology analysis news blog.  I like referencing this site because while the focus is on technology, the writing is not filled with Geek and Coder jargon. It’s written for people like us ordinary folks.
10. Seth Godin: One of the top marketers in the world.  I have read many of his books and have had the opportunity to see him speak live. He has a way of making his point very succinctly.
11. Small Biz Survival:  A rural and small business resource blog. We live in a rural area in northern California, and while our business is internet and technology-based, we are nevertheless interested in what’s happening in small town businesses.
12. Small Business Trends: An online news blog with a focus on small businesses trends and over 122,000 subscribers.
13. Social Media Examiner: A guide to social media. This site has a lot of useful “How To” articles on social media, well written content and easy-to-understand.
14. Triple Pundit: As many of you know, our personal lifestyle is oriented towards most things “Green” and “Sustainable.”  We did build a straw bale home many years ago and enjoy living in it. Triple Pundit is a great online “Green” business news resource.
15. Work Awesome: A resource for the worker on productivity, time management and all kinds of other awesome stuff.  I recently found this site and I can’t say enough awesome things about it!

I hope you found great value in our top 15 BEST websites to help you grow your small business. We invite you to add some of your favorite small business websites too, even if it is your own and you feel it will help a small business owner.  Don’t be shy! Go ahead and post!

As an online business training and software company, we often get a lot of  small business owners who come to us asking to help them grow their business online.

So I have put together 7 tips on creating an online presence for entrepreneurs:

1. Have a long term perspective about your brand. Word travels fast on the internet so be intentional about your activities online.

2. Do some market research. Find out where your customers are hanging out online and start contributing to the conversation using social media. If the majority of them are on Facebook, then start networking with them on Facebook. The point is to be highly targeted when connecting with your prospective customers online. Otherwise, you can easily waste a lot of time.

3. Put a simple marketing plan together. Putting your intentions to the written word is a powerful exercise that will help you achieve your goals. Be sure to include an action plan. Keep it simple by writing out who is responsible for what by when.

4. Play to your strengths. The point here is to keep it simple by doing what you are good at. Don’t make it so hard on yourself. If you are great at writing, then start a blog. If you are great at speaking, then start vlogging (video blog). Start with one thing that you are good at and then incorporate another thing once you’ve got the first one down.

5. Join industry groups online. There are a gazillion like-minded groups and industry associations on the internet. Check out what your industry is doing online and be sure to connect and network with your colleagues. You never know when a collaboration can turn into something that is mutually benefitting.

6. Track your results. By measuring the outcome of your actions you will see where you need to make improvements to get the results you are looking for. There are a ton of measurement tools on the internet to track your web traffic. Google analytics is a good place to start.

Hear the Answers in the Quietness

It seems that the world of Business Coaching is exploding just like Social Media Experts so I’ve put together 6 Key Questions to ask your Business Coach before you hire him/her:

1. How long have you been a coach/consultant full-time? You want to know how long this person has made a living for himself/herself as a business consultant or coach. While the old business paradigm is melting and new innovative ways of doing business online are emerging, the fundamentals of business, i.e., PROFIT are still relevant. Understanding how well someone has made a living for themselves as a coach will tell you volumes about how successful they have been in their profession. What industries have they coached in? What level? Executive/CEO or managerial? Small businesses, entrepreneurs, start-up and non-profits? What size of businesses have they coached? A $30,000 dollar a year company is a lot different than a 3 million dollar a year company.

2. Will you please provide me with your past and current references? I know this seems obvious, but you’d be surprise how many people don’t call on references. Testimonials are good, but you really should talk to someone who has been coached by this person bestowing their expertise. You also want to know how long the person being coached has been in business. In addition, you want to gauge how profitable they are. Now, this information will be a little hard to extract since most companies are private and won’t release that data. What they are more likely to tell you is how much revenue or sales they generated in one year. The problem with that is revenue only tells you one side of the story. An entrepreneur may have generated 2 million dollars in sales last year. However, if their expenses and overhead were 2.1 million, then they lost money. So, you need to do your due diligence and get creative in extracting that information. You may ask, “What’s your industry’s average profit margin and how profitable has your business been in relation to industry standards since you hired your Business Coach?”

3. How well do you understand technology and systems? There is no way getting around having a successful business today without the advice of an expert on key technologies and systems. Technology and systems are essential to business in today’s digital world. So, when hiring a business coach, make sure they know what they are talking about when it comes to advising you on what technologies and systems are best for your type of business. They don’t necessarily need to be the person implementing the systems and technologies, but they should at least be able to point you in the right direction to experts who can. Miss this question and you will certainly go down a deep rabbit hole of frustration and wasted time and money.

4. Will I be working with you or one of your “Trainers?” With the hyper-growth of the coaching business, many consultants are hiring trainers to help them with their clients. There is nothing wrong with that at all. You just need to be clear on who you will be working with. If it is one of their “trainers” then you will want to do your due diligence on that person as well. In addition, some coaching companies offer membership sites and group coaching. You will want to know how available and accessible the coach will be in those programs.

5. Are you in alignment with my values? Here is an example: Let’s say you are a “Green” business and you value the triple bottom line model, also known as the 3 P’s. Planet, People, Profit. So, would you hire a coach who has an over-excessive lavish lifestyle when you are clearly aware that mass consumption is bad for the environment?   Surround yourself with mentors, teachers, trainers, and coaches who are in alignment with your values.

6. Am I clear on the expectations between us? Having unclear and vague expectations is a recipe for the dreaded two D’s: DISASTER and DRAMA! Don’t ever assume anything. If you are not clear on the contractual agreement or offering, then be sure to ask before you buy. Please don’t buy into a coaching program only to find out that you can’t get out as smoothly as you got in.  Any business coach worth their salt will not make it difficult for you to leave the program. It should be an easy-in, easy-out model. You definitely will want to read the fine print. In addition, some coaching companies make an offer where you have access to a lot of coaching material for a nominal fee and 30 or so days later that fee increases substantially. It is a marketing tactic that is used to get you to try before you fully commit. They charge your credit card a low fee to get you started with the hope that you will find value and stick around. The fee then increases after 30 or so days and your credit card gets automatically charged every month. I am not knocking these campaigns, I just want you to understand the marketing strategy behind these tactics.

Here is a bonus tip on hiring a business coach/consultant. It is one that is unfortunately oftentimes overlooked: Listen to your intuition and instincts. Your inner voice is your guidance, your compass. It’s there for a reason, so get quiet and listen to it. If the coach resonates with you, then go for it!

This is not an exhaustive list of Questions and Tips, so if you have some insight on hiring a business coach/consultant, please feel free to add more on the comments below!

Brenda Tello-Horton is co-owner of Hware, an online business training and software company. She can be reached at info@hware.com