Developing your small business... innovate!

Einstein claimed insanity to be 'doing the same thing over and over again, and expecting different results'. While you could say that this is a slightly brusque definition, it does hold true when we think of such behaviour in the context of the working world.

I feel it's particularly accurate when I think of some businesses I have worked with; they wanted to develop and grow their business, but felt that this was most effectively done by continuing on in the same vein as they always had. I hasten to add at this point, that their 'ways' were not all-too successful, and certainly didn't garner the kind of sky-scraping results they had in mind for their businesses in the short and long term!

My key point here is: INNOVATE! Don't expect that you are suddenly going to create an amazing response by using the same methodology to market or publicise your business... maybe you need to re-brand or examine the business model as it stands? Be honest with yourself...
there's no point in hiding from issues when you know they exist. Most importantly, ask for help or ideas from others if you need them. Know your strengths and your limitations: if you don't know - find someone who does! It'll be worth it in the long-run; you'll save time and money trying to excavate ideas that just are not there and be able to actively pursue the things you need to.

Sorry...

... for neglecting my blog!

Since I last posted, my website and business have, effectively, gone 'live' (whatever that means in terms of people actually knowing about it!).

It's an exciting time and I am fortunate to have had some enquiries, though nothing via my website as yet... all referral-based. I've spent time with some great mentors and advisors, and feel ready-to-go.

I'll keep you all up-to-date as I go, wish me luck!

P.S.: My website is www.irishbusinessintelligence.com... check it out!

What's in a name? (or a logo / insignia, for that matter)

(image copyright - logodesignworks.com)

This week I am blogging about branding and its importance in marketing...

I was astonished to note, through a survey conducted with a group of SMEs, that branding took a tumble in the percentages, where marketing remained in the 90%+ mark. A strong brand and identity is key to marketing... it is your business's calling card, its customers' memory-jogger, and part of the attraction-mechanism for prospective customers.

Think of a brand you recognise best by its logo or emblem; for me, some great examples are in the photo above. Each one of these businesses (or corporations!) are so synonomous with their branding that they often do not even need to use their name in advertising or other campaigns.
Obviously, their ability to do this is hugely contributed to by their length of time in business, but still, they did all start, like many of us do, with just an idea.

A truly successful brand is one which knows its customer and and its service or product, and ensures at every opportunity that this is carried through every point of contact with the public. A brand is assimilated and remembered by current customers, prospective customers and competitors. It's not just your logo or image - it's the sum of assumptions, perceptions, experiences and stories. Some of your brand is within your control, some isn't...

Remember one thing: a strong brand is invaluable as it is what places you in the mind of your customer, try to get it as close to perfect at the beginning and spend time on researching and developing it... a strong brand is also one which doesn't appear to change constantly!

What's it all about? Marketing, that is...

(copyright: intersectionconsulting.com)

I thought this little diagram, care of intersectionconsulting.com hit the nail on the head!

'It's the stuff you do to convince people to buy your stuff' (Financial Post -http://tinyurl.com/smallbizmkting). Yip, that sounds about right, I hear you say... however, there is just a little more to it than that (ahem).

As the cycle above shows, there is a generous dollop of fear and 'whoops' involved, especially where a lack of insight has come into play.

I know only too well how excited your average business-person feels when their 'baby' (also known as business idea) is unleashed on the public... the perception being 'I think it's brilliant, so everyone else will'. Unfortunately this is where 'whoops' becomes that well-known downer of 'despondency'.

I may be sharing in this blog, but I ain't going to tell you everything! Let's just say, the old adage: 'Fail to prepare, prepare to fail' has a lot to do with it.

We've only just begun...

(image copyright - musicnotes.com)

Welcome to the irishbusinessintelligence.com blog... this is our first entry (of many, we hope)!

Our business is in helping small-medium businesses hone their identity and marketing / communications so that they reach all their potential customers instead of just existing and hoping for a positive outcome.

Our blog will be focused on items of interest for small and medium-sized businesses, as well as specific posts on marketing, communication and all-things online... so stay tuned!

A little help from online friends...

A special 'thanks' to all the users of irishbusinesswomen.com who have been so helpful in answering my recent online ravings!

With their help, I have been able to collate and analyse a survey completely dedicated to my new business idea. If you are not a member, please join, I promise you won't regret it!

Business Plans = FUN

Not strictly true, I'm afraid...

As a seasoned procrastinator, I have found myself ignoring this end of the bargain in an almost determined way! Sadly, if either a) I want the business to succeed or b) I want anyone to take it seriously (and in this regard, give me money!) then I need to have one.

Admittedly, the part I am grappling with most, is the projections... so I am approaching it with the view that I will most probably be laughed at when I present it, so therefore I may as well make it as cosmic in its over-arching aim as possible!

Will keep you all posted :)