Tag Archives: Business Plan

Get out of your bubble.

I was once asked by a group of university students for advice on pursuing a career in marketing communications. Beyond studying, embracing creativity and landing a job at an agency, what did I feel was a valuable lesson for success?

“Get out of your bubble.”

The idea is simple. As communicators, it’s important for us to understand the diversity of different markets and audiences—to engage with vibrant communities that are different from our own status-quo. The more experiences we have—the more alternatives we understand—the more valuable we will be as marketers. (I’d argue that we’re more enlightened as humans, too, …but I digress.)

I am going to add to that advice. Don’t just be open to the idea—we need to make a point of breaking out of our bubble on a regular basis. In fact, you should probably schedule it just to be 100% sure you don’t fall into a routine.

I stepped out of my own bubble last month. I spent 21 intense days with 23 smart people who rattled the boundaries of the world I am immersed in daily; a world I thought was already pretty diverse. The ages ranged from 19 to 50, with the majority being below 30. It was a mix of men and women from different social and educational backgrounds.

If I am to believe my current bubble, social media—digital literacy in general—is desired and embraced by everyone, especially young adults.

Pop.

I was the only one who had a blog, knew HTML, or had an active Twitter account. I was the only one who was on Foursquare (I became the campus mayor in a few days). Two people had Instagram accounts, but wanted to switch to SnapChat because it’s “safer and temporary” [sigh…]. Even though we were all advancing our careers, people were more interested in connecting on Facebook than LinkedIn (they didn’t realize there was a difference). In fact, a few in this group were unaware of LinkedIn. Everyone knew YouTube; no one knew Slideshare. I was the only one who had ever knowingly watched a TED talk. No one wanted to do a Google Hangout, even though that would have been very, very helpful during our time together.

No one understood a business plan or marketing strategy, let alone how to define a good plan from a pipe dream. (To be fair, I didn’t expect them to. It wasn’t that kind of work session.) Many had business ideas, though, and it seemed everyone in this group knew what it took to be a billionaire, even though none have reached the first million.

I share this to show that everyone has their bubble, even those of us who are aware of bubbles.

In my bubble of brands, business, communications and customer experiences, it’s easy to imagine the whole world engages on Social Media and understands the basics of business strategy. I was, ultimately, thrilled to have my bubble burst, and to once again remind myself that each of these new friends personified a valid target audience.

Advertisements

Brand Strategy for Entrepreneurs

Smart entrepreneurs know that a good brand will help build their organization. They recognize the value that a strong brand strategy adds, and they make the effort to do the right things right.

I’ve met countless entrepreneurs with big plans. I’ve had the privilege of working with some great people, and seen a number of projects go from scribbles on a napkin to thriving reality. These projects are exciting and challenging, and it’s a thrill to be involved.

I’ve also seen plenty of dreamers—people with more passion than plans. It’s disheartening. These projects are challenging, too, but not because the work is hard. Instead, it’s just that the gap between capacity, reality and need is just too great for anything I contribute to be effective. It’s not that the idea is bad or the person is incapable. It’s just that they aren’t ready for the reality of being a successful organization, let alone a thriving brand.

As a consultant, I want you to succeed. It’s not only good for your business and our future relationship; it’s more satisfying work. There are a few things that I look for that gives me the confidence we are set-up for success:

I get excited when you have more knowledge about your business operations than I do. You bring more than an idea to the relationship. You understand the basic model behind your success, and you are focused. I bring brand knowledge and strategic objectivity—and often a fresh way of looking at things—for how you tell your story. But you have the passion and the expertise that will grow the business behind the brand.

I get excited when you know your budget. Talk of money doesn’t scare you, and you understand what cash flow can and can’t do for your vision. You know how much money you plan to earn; you know your fixed expenses and costs of your product; you know how much a typical business like yours makes and you’re prepared to invest in your success.

I get excited when you are well aware of your competition. Not just who they are, but why their customers love them. You’re competitive, not arrogant. You have a respect for the market that exists and you understand how your offer makes it better and different, or at least you’re ready to explore opportunities.

I get excited when you are more passionate about your vision than I am. Perhaps you can’t articulate it clearly—that is why you called me, after all—but you have a purpose that drives you. I get excited when I am the one bringing you back to reality rather than trying to bump you out into the stratosphere.

Most importantly, I get excited when it’s clear you want to work hard to create an experience that will captivate your audience. You reject the notion that you could compromise your values and cut corners on your brand execution since “its just the creative stuff, anyway.” You’re well past the idea that your brand is a defined by a slick logo or a catchy advertising. You know that your brand is at the foundation of your culture, your value proposition, and the experience you promise everyone—your brand captures everything that you want people believe about your organization—and it’s important enough to get your focused attention.

This is how I know you’re ready to do what it takes—not just what is fun and easy—to build a brand that will thrive. You’re smart; you’re committed; you’re realistic; you’re passionate; you’re a leader. This is how I know that you’re set up for brand success.