Archive | February, 2009

What Was The Best Thing You’ve Ever Done For Your Website? – Entrepreneur Poll

websiteIt’s time for another poll here at Young Entrepreneur!

This month our question is: What Was The Best Thing You’ve Ever Done For Your Website?

If you’re a regular reader you would have noticed that the blog has been given a significant facelift today and it’s already made a big difference on how I write and manage the posts.

What is the best thing that you’ve ever done? Was it a design face lift? Hiring a SEO company? Starting a social media campaign?

I would love to hear your thoughts so we can put together a comprehensive list of ideas and suggestions for those entrepreneurs who are starting up!

You can cast your vote by commenting below!

Here is a list of our previous poll results:

Evan Carmichael

Posted in Entrepreneur PollsComments (11)

New Young Entrepreneur Blog Design Tomorrow!

new-blogUsually on Thursdays I post about Internet marketing and give search engine optimization advice to our Young Entrepreneur blog readers.

Today I’m excited to talk about a new layout for our own blog that will be launched tomorrow!

Young Entrepreneur founder Adam Toren has been working hard with the YE development team to create a fantastic new layout that is slick, easy to navigate, and more user-friendly.

It’s the first redesign since I’ve been involved in the blog and it’s already made a big difference for me. Part of the switch has been to upgrade our WordPress to version 2.7 which has been a dream to use compared to version we used to be on – thanks Adam!

What To Look For In The New Template

Here are a few of my favorite features in the new template:

  • The main categories like Entrepreneur University and our Entrepreneur Polls are listed across the top which  allows for easy access to them.
  • We’ve switched from a three column layout to a two column one at the top of the blog which makes the right side look less cluttered
  • We’ve opened up a few new and visible ad spots for any readers who want to gain extra exposure to our entrepreneur community (hint hint – contact us to learn more about ad rates)
  • The right sidebar will showcase some of the most Popular posts, Latest posts, and Recent comments for quick access
  • The overall look and feel is also quite different and more spacious

I hope you enjoy the new blog template and look forward to your comments tomorrow!

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Yanik Silver Interview

yanik-jesse-jamesyanik-dune-buggyYanik Silver and Monster Garage’s Jesse James in front of Jesse’s muddy dune buggy during a 6 day ‘business trip’ to the Baja in Mexico.  Yanik brought in Jesse to teach CEOs and other members of Maverick Business Adventures.

YE co-founder Adam Toren recently interviewed Yanik Silver. Here is the full interview:

Yanik Silver and other members of Maverick Business Adventures pushing one of their dune buggies out of the mud in Baja – a typical scene on their 6 day adventure.

I had the great pleasure of interviewing Yanik Silver and look forward to attending my first Maverick Business Adventure in March and I will update everyone on the much anticipated experience!

Yanik Silver is a serial Internet entrepreneur and self-made millionaire. He is recognized as one of the leading experts on web marketing even though he still considers himself a ‘techno dunce’. Starting from his one-bedroom apartment and with just a few hundred dollars, Yanik has personally sold over $13,000,000.00 online and counting (with zero employees except his wife, Missy).

He is the author, co-author or publisher of several best-selling marketing books and tools including Moonlighting on the Internet, Instant Sales Letters® & 33 Days To Online Profits. Yanik is a highly sought after speaker addressing groups ranging from the prestigious Wharton Business School to international audiences of 3,000+.

As a self-described “adventure junkie”, Yanik has found that his own life-changing experiences such as running with the bulls, bungee jumping, sky diving, exotic car road rallies and Zero-Gravity flights have not only brought a profound sense of accomplishment but also led to breakthroughs in ideas, focus and business thinking. That’s why he combined both his passions to found Maverick Business Adventures™ creating the kind of “club” he’d want to be part of.

Yanik Silver, InternetLifestyle.com

Title: Head Muckity Muck

Industry: Internet

Type of company:  eCommerce

Year founded: 2000

Location:  Potomac, MD

Number of employees:1

Adam:  What is the start-up story behind your business venture?

Woke up at 3 o’clock in the morning and had an idea for a silly site. I tried to wake up my wife, but she told me to go back to sleep. I jumped out of bed to get to work on what was to become my first million-dollar site, InstantSalesLetters.com

Adam:  What is your definition of success and has your company achieved it?

Definition of success is being to do what you want, when you want and with whom you want to (within reason). It’s about fun, freedom and financial independence. And it’s about taking an idea and turning into a profit center.

Adam:  To what do you attribute your company’s recent achievements?

Being genuine and authentic. I’ve never tried to “become” someone else or to put up some sort of false positioning. I think the Web is getting more and more transparent every day and the crappy products/services/providers will quickly get called out.

Adam:  What three pieces of advice would you give to aspiring entrepreneurs?

1. Quit screwing around with ‘busy-work’ that you gives you the illusion of doing work. i.e. Instant Messenger, Facebook, Twitter. I love Twitter – but I’m not on it except for specific times.

2. Do just one proactive thing a day. That’s it. Do not go to bed until you’ve taken even one baby step forward in your business.

3. Take action (as simple and cliche as that sounds). Your ‘real success’ typically comes from moving towards what you think is your goal. But along the way – you’ll discover a detour to your true success.

Adam:  What have been some of your failures, and what have you learned from them?

Keep the dollar amount/exposure small. It’s great to have failures because you’re closer to a breakthrough but keep those failures manageable instead of  ‘do-or-die’

Adam:  Describe/outline your typical day?

It’s changed over the years. Originally it was up til 3 or 4 am really cranking on my business. Now with a lot of things on autopilot – I spend my time focused on new projects and initiatives figuring which are going to pan out or not. Plus with 2 kids under four – it’s tough to do the 3 am nights too often since they get you up at 6:30 or 7:00 am ;)

Right now I really do my best to get just 2 or 3 proactive things down before 12 noon. Because after that it seems like phone calls, emails or other crap work takes over.

Adam:   Where did your organizations funding/capital come from and how did you go about getting it?

Self-funded with a few hundred dollars. I don’t think you need money to figure out if it’s a good idea or not. Not having a lot of capital forces you to be more creative.

Adam:  What stops you from throwing in the towel and giving up during those frustrating days of running your business?

Knowing that others were successful and there was a plan or roadmap to follow. Plus my very first “real” job at a yogurt shop breaking down the yogurt machines really sucked so I knew I never wanted to do that again.

Adam:  Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?

Not necessarily. I’ve worked with and been friends with all sorts (ultra anal to stoner types). Probably thebiggest common denominator is the unyielding thirst for freedom!

Adam:  Who has influenced you most and been your greatest inspiration?

So many mentors it’s hard to list just one. I learned from Earl Nightingale that you could become an expertby reading one hour per day for 3 years on one subject. Or a world-class expert by reading for 1 hr/day for5 years. I took that to heart and read approx 1 book/week still. In the early stages – I’d read/study severalhours per day, in the car, at the gym, etc.

Adam:  What book has inspired you the most?

Once again – a really hard question because I have so many great books in my library but if I was to single out one it would be “Atlas Shrugged” by Ayn Rand. Just the notion of producers versus looters was a big distinction in my thinking.

Adam:  How do you go about marketing your business? What has been your most successful form of marketing?

One of our best ways is partnering up by using affiliates to sell our products or services. We only pay affiliatesonce someone they referred to our site makes a sale – so there is almost zero downside.

Adam:  In one word, characterize your life as an entrepreneur.

Adventure!

Adam:  Excluding yours, what company or business do you admire the most?

I love Virgin. Sir Richard Branson is one of my all-time business heroes and I’ve been fortunate to spend time with him on Necker Island. I love the way they look at a marketplace and really over-deliverfor customers while bringing a fun, “cheeky” element to it.

Adam:   How do you achieve balance in your life?

I truly think most entrepreneurs are spending way too much time in one quandrant of their lives – their business-side.

To balance myself out by proactively schedule incredibley, fun activities (for me anyway) like Running with the Bulls, Baja Racing, Skydiving, etc. I realized that if you don’t have these activities scheduled – you never do them. Plus, I’ll come back renewedand invigorated with more great ideas!

In fact, I’ve turned that love of adventure into a new project called Maverick Business Adventures which combines these unique adventures with business building and helping teach/empower young entrepreneurs.

Adam:  Where do you see yourself and your business in 5 years? 10 years?

I don’t really do long-term planning very well – but I have a 2020 mission to help:

* 1,000,000 entrepreneurs buy into the Maverick philosophy of “making more, having more fun and giving more back”
* 1,000,000 young entrepreneurs impacted to think beyond getting a job
* 1,000,000 culmultative “Big Life List” items get checked off

Adam:  If we could introduce you to anyone, who would it be and why? (you never know who we know!)

Hmm….would love to meet Mark Burnett

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Working For Somebody Else Never Amounted To Anything – Wayne Huizenga

He is the only person in history to build three Fortune 1000 companies.

He is the only person to have developed six NYSE-listed companies.

And, he is the only person to ever own three professional sports teams in a single market.

His name is Wayne Huizenga, and he is one of the most successful entrepreneurs of modern times.

In 1992, Huizenga was awarded the Horatio Alger award, given to Americans who have achieved great success by overcoming adversity.

He has also been named five times Financial World Magazine’s CEO of the Year.

Huizenga has been at the top of his game for some time now, but just how did he get there?

My father always said working for somebody else never amounted to anything. You have to be an entrepreneur.

We’re looking for something where we can make something happen: an industry where the competition is asleep, hasn’t taken advantage. It’s going to be hard to find another Blockbuster, but that doesn’t mean you can’t have three good companies growing. The point is, we’re going to be busy.

I don’t want to be just a voice on the phone. I have to get to know these guys face-to-face and develop a sincere relationship. That way, if we run into problems in a deal, it doesn’t get adversarial. We trust each other and have the confidence we can work things out.

I don’t think we are unique, we’re certainly not smarter than the next guy. So the only thing I can think of that we might do a little differently than some people is we work harder and when we focus in on something we are consumed by it. It becomes a passion.

I busted my butt all my life building companies. I have a friend who’s my age, and the last thing we say when we hang up is QTR – quality time remaining. I don’t know how many years I’ll be able to play golf, so I’m going to enjoy every minutes of this.

Overcoming hardships and working around and through their obstacles to achieve an education is what I call a true success. People are what determine your success in the future. Surround yourself with good people and you won’t fail.

I really would not change anything. Have a passion for what you do, work hard, have great people with good personalities, enjoy the ride.”

Which Famous Entrepreneur would you like to see profiled? Leave a comment below and we might take you up on your idea!

Evan Carmichael

Posted in Modeling MastersComments (8)

The Top 10 Reasons To Start An Online Business Today – Entrepreneur University

For this week’s Entrepreneur University we turn to Cynthia Minnaar. We last featured Cynthia in March of 2008 when she shared her advice on starting up while being on a budget (Starting An Online Business on a Shoestring Budget – Entrepreneur University).

Cynthia lives in South Africa and runs her own online home business. She is the proud owner of www.cyns-home-biz.com, the online home business site for online home based business start-up ideas, extra income opportunities, internet marketing training, affiliate marketing solutions and resources.

Today Cynthia shares with us her top 10 reasons why you should be starting an online business today:

“When life is going well and we have no financial worries it is not very easy to find a really strong reason why one should start an internet based home business.

We never know what life has in store for us from one day to the next. Life can be really comfortable and easy one day and turned upside down the next, so it makes good business sense to have a source of extra income just in case something does go wrong.

Have you wondered what the motivating factors behind successful business owners are? Here are some of the reasons that motivate people to start and succeed with an internet based home business which may just give you food for thought.

1. Calculating how much capital will be required to enable them to retire and live comfortably often is a huge motivating factor to start an internet based business.

2. Being retrenched or losing their job and having to find a way to make their own income in order to provide for their family.

3. The funds that are required to educate their children and provide for their college or university fees should they wish to attend.

4. More and more people start an internet based home business as a way of eventually replacing their salary so that they can quit their day jobs.

5. Many parents want to stay at home with the children so as to avoid the heart break felt every morning when they drop a child off at the day care center or not being at home to welcome the child home from school or being unable to attend a school concert or sports event.

6. So many working people nowadays just cannot afford the extra luxuries or holidays and are sick and tired of trying to make ends meet. They want more out of life instead of just existing.

7. Suddenly being encumbered by a huge expense resulting from for example a car accident or illness can be a very strong motivating factor.

8. Unfortunately, many experience the problem of mounting debt due to the fact that a salary can no longer cover the basic expenses.

9. Others have finally had enough of the amount of time wasted and stress involved in travelling to and from a day job resulting in having less quality time to spend with their family.

10. More people now help their ageing parents financially as their pension is just insufficient to cover their expenses and so look for ways to make extra income.

These are only a few reasons that motivate people to start and succeed with an internet based home business.

Whatever your reason, one must remember that it takes time to build a profitable internet based business so it is important not to wait for disaster to strike before getting started.

Instead plan ahead and be prepared and try and find a strong motivating factor to start an internet based home business now, so that it is already providing an income for you when you really do need it.”

Is there a topic you would like to learn more about for the next Entrepreneur University? Leave a comment below and we’ll try to find an expert to discuss your topic!

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How Do You Stay Motivated? – Entrepreneur Poll Results

The results are in from our latest YoungEntrepreneur.com poll! This time we asked you “How Do You Stay Motivated?” and you responded with some great answers.

The top seven results are:

#1) Read Inspirational Material

“Read blogs like TechCrunch, VentureBeat, Mashable, ReadWriteWeb and get myself excited over others success. I would tell myself “I can be like that person too and I want to be like him/her” Read books like “The Art of the Start” by Guy Kawasaki, “The Secret” by Rhonda Byrne.”

“I will read a couple of my favorite paragraphs from “Think and Grow Rich”, a couple of my favorite scenes from “The Secret” and review my goal cards. This usually gives me a spurt of energy and much needed boosts during more challenging days.”

“Read about success stories in my field in business trade magazines etc.”

“Reading forums like this and seeing that people really can be successful using internet marketing”

#2) Passion / Strength From Within

“I think what keeps me motivated is the strength from within, knowing you are doing what you really are passionate about. I do connect with other blogs but in the end I just write what I feel is very inspirational to me without worrying what others think.”

“Many of the motivational ideas you listed are very good, but the primary motivator is passion…passion to the point of obsession. If you start a business you are obsessed about, motivation is never an issue. By obsession, I mean you want to do something so strongly, you cannot resist it—you are powerless to do anything else. Think Thomas Edison, Madame Curie, Jobs and Wozniak, Mark Johnson, and a host of others. With this type of passion, you do not need motivational tricks to keep you going. You will keep moving forward regardless of external conditions. If you start a business without passion, without feeling obsessed by your business idea, you will likely fail in today’s business environment.”

“I am always motivated because i LOVE my job.”

#3) Picture The Future

“Picture my future if I continue to work for someone for the next 10~20 years. I will NOT have the freedom to decide when I wake up, when I go to lunch, when I get off work, when I get a vacation, how much money I make, where I live. Most importantly, I do NOT get to decide how big my computer monitor is. ook at my current financial situation and tell myself “this is not the way I want to live my life for the next 10~20 years””

“When I sit in front of my computer for brainstorming sessions, each page on Word starts with the date, focus, and a picture of something I want to work for…house, car, boat, trip, etc.”

“Visualize the end results”

#4) Review Your Vision / Goals

“I stay motivated in a couple of ways. Reviewing my vision, revising my business plan and setting new goals always gives me the push that I need to continue on my journey as an entrepreneur.”

“What keeps me inspired is that I see the reaching. I know what I’m shooting for, and I know that I’m going to have to take certain steps to get there. I visualize myself as already having achieved my goal(s). And I know that when I do reach my goals, that is by no means the end. I’ll just go for even higher goals.”

#5) Listen to Inspirational Material

“Listen to podcasts about starting a startup. I’m a loyal listener to Andrew Warner’s Mixergy interviews. He does great interview with people who have already been through the trenches. Andrew does a good job at controlling the pace of the interview and tries to get as much information as possible for the listeners. Check it out at blog.mixergy.com”

“I turn off the news, listen to inspiring music and record insights into my voice recorder. This allows my thoughts to start flowing. It makes it easier to see the millions of things that went right today in the world.”

#6) Surround Yourself With Positive / Accomplished People

“Surrounding myself with positive people or consulting my fiancee also helps a lot when I doubt myself.”

“I surround myself with people who are more successful them me. I make sure to network with people who have done what I want to do. I may never reach their level of success but it helps to see that it is possible.”

#7) Look For Small Measures Of Success

“When in the early stages of starting a business, I keep myself motivated by looking for other measures of success other than profits (ie: hits on a website, learning something new, etc…).”

“Like some of the other guys mentioned, I use small incremental targets.. and I take care to give myself a mental pat on the back. When I first started out a few years ago I didn’t do this… used to shoot for the horizon and chastize myself for not making it. This made it very hard to stay focussed and motivated in the long term… I often felt like I was bipolar… flitting from one home run attempt to the next, without a lot of real progress. I’ve learned that it is far better to be balanced and positive, then to push for extreme and unlikely outcomes (although less exciting)”

Rounding out the rest of the motivation strategies are:
A Sense Of Responsibility

“To put it very simply, the responsibility I have to my company and the employees who depend on me for my leadership. I absolutely have to believe that today will be a better day.”

Get Perspective

“Getting other perspectives on how to develop my ideas also helps as well. Recently, my wife helped me pull together some of my coaching programs. I was resistant at first, but in the end, the process totally energized me.”

Thinking About The Unlimited Possibility

“The unlimited possibility of it all is what keeps me going. Nothing gets me more excited than watching an idea I’ve had have an effect on the business. The first time I made $20 from a website I was totally hooked. If I can make $20 I can make $200 then $2000 and on and on.”

Have “Motivational Days”

“I’ll actually have a “motivational” day every couple weeks. I’ll stop by the local Porsche dealer, watch some of my favorite motivational movies (Boiler Room), Buy a new suit or power tie, etc.”

Think About Successful Entrepreneurs

“I think about those successful entrepreneurs who have obtained enormous successes just by going out and doing it. They are proof that anything is possible as long as you believe in it.”

Family
“My kids keep me motivated, and the thought of one day being able to make money on my own without a gosh danginit boss telling me what to do and when to do it and how to do it”

Working On And Not In A Business

“Good list, one other thing that helps are days dedicated to working on, not in, the business… where you actually get somewhere. In two words… “efficient productivity” gets me fired up… a good cycle really.”

Meditation

“Living a good life and being healthy will make it far easier to stay focussed and motivated. Meditation is a fantastic way to keep your mind focussed! Find a meditation technique that you like and then do it!”

Think About Your Daily Needs

“Always thinking of daily needs will be the best motivation.”

Financial Instability

“Experiencing the struggle of financial instability growing up is the most motivating factor in my life. When you come from relative poverty and are able to educate yourself and work hard while maintaining honesty and integrity, then along with the gains of success come the drive to further increase your potential exponentially.”

Thank you everyone for the great feedback! We’ll continue with a brand new Entrepreneur Poll next week!

Evan Carmichael

Posted in Entrepreneur PollsComments (7)

SEO Advice – FreshPow!

It’s time for another SEO Advice post! Last month, I offered free SEO advice to CADrite. I’m going to continue my SEO Advice series today by helping out another YoungEntrepreneur.com blog reader Ariane from FreshPow!.

Ariane – http://www.freshpow.ca

Hi Evan,

I was wondering if you could take a look at our site http://freshpow.ca for your series of SEO Advice.

Our monthly traffic has hit 2000 and we seem to be getting a variety of visitors but our sales are not really on par with our traffic.

Is there a way that we could change that – a way that we may be overlooking or just simply not doing?

Your help would be super appreciated!!!

Thanks,

Ariane

My Recommendations

1) Where Is The Traffic Coming From?

Congrats on getting 2,000 visitors per month to the site! I see that you’re active on Facebook, Twitter, and other social networking sites. Social networking traffic is notoriously known for not converting into sales – that’s why advertising rates for social networking sites are plummeting. Traffic from search engines, however, tend to convert much better because people are searching for a solution to a problem as opposed to trying to kill some time by browsing through Facebook. Focus on building more search traffic to increase your conversions.

2) How Do I Sign Up?

The homepage is really a blog, which is great for generating pages that Google will index, but you focus so much on your twitter posts and updating your blog with great content that you’ve left out the most important part for a corporate website – asking for the sale! The homepage should showcase the great work that you’re doing with nice visuals as well as the clients you have and their testimonials. Tell me a little about the benefits of working with you and why I should contact you or learn more about your services. It’s great to build a following but you need to convert that audience into customers if you want to run a business from the website.

3) Promote Your Own Products First

The main blog post that I see on the homepage is a review about customizing your headphones to match your equipment (REVIEW: Match your headphones to your equipment with iFrogz). This could be a good post for your site, except for the fact that at the end of it tell people to go to the iFrogz website if they want to buy the product. If it’s not your product and you’re not making money from it, don’t put it as the first thing people read when they come to your site. I’m sure iFrogz is going to be happy with you but it won’t help your business grow.

Good luck Ariane!

Readers, what do you think about FreshPow!?

To learn more about how to get SEO tips for your website please read my post: Need SEO Advice? Submit Your Site!

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Seth Godin Interview

seth-godinThis post comes thanks to YE co-founder Adam Toren.

I had the great pleasure and opportunity to interview Seth Godin.

SETH GODIN is a bestselling author, entrepreneur and agent of change.

Godin is author of ten books that have been bestsellers around the world and changed the way people think about marketing, change and work. His books have been translated into more than 20 languages, and his ebooks are among the most popular ever published. He is responsible for many words in the marketer’s vocabulary, including permission marketing, ideaviruses, purple cows, the dip and sneezers. His irrepressible speaking style and no-holds-barred blog have helped him create a large following around the world.

Seth’s latest book, Tribes, is a nationwide bestseller, appearing on the Amazon, New York Times, BusinessWeek and Wall Street Journal bestseller lists. It’s about the most powerful form of marketing–leadership–and how anyone can now become a leader, creating movements that matter. The Miami Herald listed it among the best business books of 2008.

Unleashing the Ideavirus is the most popular ebook ever written. More than 1,000,000 people downloaded the digital version of this book about how ideas spread. Featured in USA Today, The New York Times, The Industry Standard and Wired Online, Ideavirus hit #4 on the Amazon Japan bestseller list, and #5 in the USA.

The Big Red Fez, Godin’s take on web design, was the #1 ebook (worldwide) on Amazon for almost a year before it was published in paperback in 2002. The Miami Herald called it one of the best business books of the year.

Survival is Not Enough has made bestseller lists in Germany, the UK and the United States. With a foreword by Charles Darwin, this breakthrough book redefines what change means to anyone who works for a living. Tom Peters called it a, “landmark.” The book was first excerpted in Fast Company, where Godin is a contributing editor.

His latest book, Purple Cow, was a New York Times and Wall Street Journal bestseller. It’s all about how companies can transform themselves by becoming remarkable.

Seth is a renowned speaker as well. He was recently chosen as one of 21 Speakers for the Next Century by Successful Meetings and is consistently rated among the very best speakers by the audiences he addresses.

Seth was founder and CEO of Yoyodyne, the industry’s leading interactive direct marketing company, which Yahoo! acquired in late 1998.

He holds an MBA from Stanford, and was called “the Ultimate Entrepreneur for the Information Age” by Business Week.

Now for the interview:

Name of Company: Squidoo.com

Industry: the internet

Type of company:  the #1 site where anyone can post information about what they are passionate about

Year founded: 2005

Location: 5 cities, including NY

Number of employees: 5

Adam: What is the start-up story behind your business venture?
Our goal is to raise millions of dollars for charity at the same time that we make it easy for people to share their ideas, build a following and arn money.

Adam: What is your definition of success and has your company achieved it?

I think success is being able to repeatedly do work you’re proud of. And yes, we’ve achieved it, from the first day, and three years later we get to keep doing it.

Adam: To what do you attribute your company’s recent achievements?

Understanding the Meatball Sundae, doing work that matters, working with great people and trusting our users.

Adam:  What three pieces of advice would you give to aspiring entrepreneurs?

Scale matters. Be the right size in everything you do. Persist through the Dip or don’t bother starting.

Adam: What have been some of your failures, and what have you learned from them?

I’ve posted many of them. Sometimes it has to do with misunderstanding a market. More often, it’s about getting stuck in the Dip, not having the resources or wherewithal to push through.

Adam:  Describe/outline your typical day?

That’s the great thing. There isn’t one! Here’s what’s always true:

1. I work with only amazing people.

2. I don’t go to meetings.

3. Because my scale is comfortable, I don’t have to sweat revenue on a daily basis. We are at a size we can afford.

Adam: Where did your organizations funding/capital come from and how did you go about getting it?

Self-funded based on low low overhead.

Adam:  What stops you from throwing in the towel and giving up during those frustrating days of running your business?

Because the alternative was to get a job as a bank teller! This is what I was born to do, and I do it.

Adam:  Do you believe there is some sort of pattern or formula to becoming a successful entrepreneur?

All failures are the same, all successes sure seem different.

Adam:  Who has influenced you most and been your greatest inspiration?

My mom and my dad. My readers. Jacqueline Novogratz at acumenfund.org

Adam:  What book has inspired you the most?

This is a tough one. Probably, “The Republic of Tea”.

Adam:  How do you go about marketing your business? What has been your most successful form of marketing?

Deliver anticipated, personal and relevant messages to people that want to get them. Be remarkable. Earn permission.

Adam:  In one word, characterize your life as an entrepreneur.

Onomatapeia. Not because it is, but because I like that word a lot and get to use it rarely.

Adam: Excluding yours, what company or business do you admire the most?

Ideo. They have a manifesto and they deliver.

Adam:  How do you achieve balance in your life?

You only achieve balance if you make hard decisions. That means saying ‘no’ when ‘yes’ feels right. If you can’t do that, forget it.

Adam:  Where do you see yourself and your business in 5 years? 10 years?

I have no idea! I love that I have no idea.

Adam: If we could introduce you to anyone, who would it be and why? (you never know who we know!)

I’d like to give Steve Jobs a hug. I hope he gets better soon.

Posted in Entrepreneur Interviews, EntrepreneurshipComments (8)

Be True To Who You Are – Rachael Ray

“My life has been a total accident – a very happy wonderful accident that I didn’t and couldn’t have planned.”

The fact that Rachael Ray did not know where she was going makes where she wound up today all the more impressive. Despite never working at a five-star restaurant, attending a single cooking class, or training under a revered chef, Ray has made a name for herself as one of the industry’s most successful cooks.

She is one of Food Network television’s most popular hosts, the author of numerous bestselling cookbooks, and editor-in-chief of her own magazine. More recently, Ray stepped out even farther into the limelight with her own hour-long daytime talk show, “Rachael Ray”.

So, if not from a culinary institute, where did this daytime diva get the cooking know-how that has taken her on a meteoric rise to fame?

“My life has been a total accident – a very happy wonderful accident that I didn’t and couldn’t have planned I was surrounded by all different styles of cooking and worked in the food service industry in just about every capacity you can imagine.

So I went around and asked all of my customers, ‘Why do you not cook? Why are you not buying the groceries?’ And everybody said the same thing: ‘I have no time, and it’s easier to cook the prepared meals.’

I was raised in a household that taught us that everybody has the right to have a lot of fun.

When I first heard from the Food Network, I told them that I was beer in a bottle and they are champagne. I’m too loud one day and giggle too much the next, or flub the intro, but what I do is not about technique. I need a story to go with the burger. People want to relax a little.

I did 30 Minute Meals for five years on local television, and I earned nothing the first two years. Then I earned $50 a segment. I spent more than that on gas and groceries, but I really enjoyed making the show and I loved going to a viewer’s house each week. I knew I enjoyed it, so I stuck with it even though it cost me.

My rule is that whenever I have off 36 hours or more, I go to my home upstate. I like being home. I like a cozy life. The sky is darker, the stars are brighter, and things make more sense to me when I’m in the middle of the woods.

I don’t want anything to separate me from the viewers. I open the cans, I chop the onions myself, and I wear street clothes. I don’t want people to look at what I do and think that they can’t do that too. It’s extremely important.

That’s why I don’t wear a chef’s coat. I don’t even wear an apron. At home, I wipe my hands on my coat, I burn my fingers, and it doesn’t look perfect. But it is my food. It’s the real deal….I’m happy that way.

Decide what it is that you are and then stay true to that thing. My brand is based very much on how I live my day-to-day life.

Evan Carmichael

Posted in Modeling MastersComments (0)

Recession Strategies: Be An Effective Negotiator – Entrepreneur University

Recently, Jason Cohen commented in an Entrepreneur University post about the important of negotiating everything in order to get a better deal from suppliers during the recession. Therefore in response, this week’s Entrepreneur University comes thanks to Colly Graham. Colly brings thirty years of practical experience of selling and his ability to empathize with sales people and establish immediate rapport and credibility as a trainer.

Today Colly discusses how you can learn to be an effective negotiator:

“Buyers and sellers alike need to sharpen their negotiating skills.

Each needs a set of strategies to deal with competition and competitive pricing in today’s marketplace.Sales people fall into the trap of the buyer telling them they will have to match their competitor’s price in order to get the business. Moreover, buyers need to ensure that they are negotiating the most competitive price at the quality and service their company demands.

What is Negotiation?

Negotiation occurs when someone else has what you want and you are prepared to bargain for it – and vice versa.

Basic Skills for Negotiators

* Influence – Necessity, desire, competition and time consider where the balance of influence lies misuse of influence causes resistance

* Information – Incorrect information is worse than no information at all what do you need to know about the other side that will be useful? What is the best way of finding out? Act like a detective to discover information

* Credibility – Make yourself believable, don’t take your own credibility for granted

* Judgment – The ability to strike a balance between gaining advantages and reaching compromises – patience keep things in perspective

“What Makes a Good Negotiator?

Negotiation is one of the most difficult tasks a person faces. It requires a number of qualities not usually found in business. Negotiation requires good business judgment and an understanding of human nature.

1. Stable people, able to negotiate with him or her self and see the funny side. Does not have a need to be liked.

2. A willingness to plan, know the product, the rules and the alternatives. Probe and check information

3. Good business judgment.

4. Be able to tolerate conflict and ambiguity

5. Commit to high goals and take risks to achieve these goals

6. Have patience

7. Get involved on a personal and business level

8. Have integrity

9. Be willing to listen with an open-mind

10. Be able to see the hidden personal issue

Today prospects and customers are forcing us to compete as a commodity with severe pricing pressures and negotiating. “Your price is too high” is a common cry! We need to develop knowledge and skills to effectively negotiate the sale.”

Is there a topic you would like to learn more about for the next Entrepreneur University? Leave a comment below and we’ll try to find an expert to discuss your topic!

Evan Carmichael

Posted in Entrepreneur UniversityComments (0)



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