Home Based Business Marketing – The Truth About Duplication

Recent conversations regarding the theory of replication and home based business marketing strategies sparked this article. I need to start by genuinely asking the argument of whether or not we should be chasing duplication at all. Moreover, what will we be duplicating?

For years in my business the idea of a duplicable home based business marketing strategy was shoved down my throat and infused within my thinking. I didn’t just accept this idea of using one system that anyone pursued, but I taught the notion to everyone I worked with. Then things changed for me that literally transformed how I understand home based business marketing.

Do not misunderstand, I definitely acknowledge that individuals and businesses crave systems. Succeeding is more challenging if you do not have a process to follow. Let’s face it, individuals need specific direction. New home business owners need a 1,2,3 kind of system. You have to ask yourself what your home based business marketing system is in fact yielding or replicating. Additionally, is your system really duplicating at all?

In order to answer this question, we initially have to describe duplication within the conditions of the home based business marketing field. The average home business owner views replication as the primary goal. Expressly, when we have enough individuals duplicating our business system, we may sit back, enjoy, and observe as the checks keep rolling in. This type of belief is actually buying into the myth of duplication. Allow me to demonstrate.

We start with the hope that one by one or two by two we will add others to our sales force who will follow and copy our home based business marketing strategy. We think that the majority of people will get comparable results to our own, before long momentum is achieved and we will be duplicating in masses. In due season though, real life slaps us in the face as the accomplishment of true replication isn’t as easy as we anticipated. This is where the light bulb was turned on for me and altered my rationale concerning duplication.

After 8 years of working my business persistently, I recognized that even though we had assembled a healthy business, we were still stuck in the same situation as when we began. Yes, I was making a lot more money than when I first started my business and had some pretty awesome perks; yet, I hadn’t secured the degree of viral duplication that everyone talks about. Hence I started studying home based business marketing programs.

I found that replication is a myth in the home business world. This might rattle your chain a bit; yet, I wish to rouse your beliefs. Fairly ask and assess what the statistics are in your business regarding overall duplication and real people seeing real results? For a fair assessment you need to examine more than the handful of individuals who may be having direct or singular results. The question is how many individuals are able to realize true reproduction in depth in your business?

Earnestly assess your business and ask:

Has your team grown apart from your personal contact? Fundamentally this indicates that you regularly have team members that you have never met who are generating ample numbers without you.

Would you be able to completely remove yourself and your personal resources (your closing calls, webinars, training, etc.) from the arrangement and have your team persist to multiply?
Is your team creating multiple legacy type businesses to the point where they could not be swayed to move to another company?

Could you walk away from your business and travel the world for an entire year without affecting your income?

Most people are answering these questions with a negative response. If you are answering yes to all of the above, either you are out of touch with reality OR you hold a superior home based business marketing formula that understands that true replication can’t be achieved with one limited home based business marketing system.

The reason so many people struggle to duplicate their home based business marketing lies in this answer. A simple system designed to be mass replicated does not exist. Why? Let’s get back to my light bulb moment.

After eight years of employing a duplicable home based business marketing plan, I was still doing the same things I was doing whenever I began working my career. Until I reprogrammed my beliefs and reprogrammed my strategies, I would continue doing the same things always. We are simply human. Each of us are different and bring to the table a different skill, talent, gift, personality, and perspective. Buying into an idea where a single home based business marketing plan will essentially clone your results is insanity.

I was executing the identical tasks repeatedly because I wasn’t offering options, strategies, and home based business marketing methods that would function for different individuals. I was wrongfully believing that anyone could be altered and adapted to fit the plan, rather than tailoring the system for dissimilarity. An eye opening lesson it was.

Duplication is a myth considering nobody may duplicate you. Nobody will do exactly what you do and get the exact same results. Until you discount the idea of mass duplication and adjust your home based business marketing system, you will make the same mistakes I made and continually reconstruct your team searching for team members just like you!

Creative Business Advertising for Your Grand Opening

The key to a powerful grand opening is having a lot of people attend who are excited to hear about your product and can’t wait to finally have your company open for business to meet their needs and help solve their problems. In the months and weeks leading up to your company’s first day, as many people in your surrounding area as possible need to see your business name, understand where you are located, and what service you will be expertly providing. Here are some ways to build anticipation and excitement, and to spread the word throughout your local Florida community with creative advertising…

Particularly in Florida where so much time is spent outdoors all year long, one idea is to have a custom printed banner designed announcing your grand opening. A professional printing company can make a very clean, attractive, durable banner that can be made in any dimension and can be hung virtually anywhere. This is a great way to start on your brand marketing campaign.
And if the message you have printed on the banner does not use the words “grand opening”, it can be used over and over again in the future for many years of Florida outdoor advertising. While these types of banners hold up very well for quite a few years of use, they last even longer in Florida where they don’t have to contend with the ice and snow during the winter months. Months and years after your company’s first day has gone by, your custom banner can still be hauled out and strung up as a part of your on-going business advertising.
Another creative advertising idea for your grand opening is to use those same types of custom banners and take them with you out into your community. Set up a booth at Florida outdoor concerts, sporting events, neighborhood block parties, carnivals, parks, community centers, and other opportunities for outdoor business advertising. Anywhere your local community is, your custom banner needs to be.
Another creative advertising idea is to use vinyl window clings or car wraps. This is a constantly mobile business advertising technique that never requires asking permission to be put up. Most business owners prefer the window clings as they are cheaper to have made and leave no permanent mark on the car. This also means that it can be changed out to fit the brand marketing season of your company, beginning with announcing your grand opening party and then moving on to seasonal sales and other promotions. The most common issue with this type of Florida outdoor advertising is that the location of the company being promoted is not included. It may seem silly to have directions printed on a car, but if potential customers see your business name but don’t know where to find you, what good is it?
One final idea for some creative outdoor advertising is to always wear your business id/nametag whenever you are out in your local Florida community. Be sure it looks professional, is not cluttered with too much information, and is easy to read with some sort of catchy saying or slogan to make people curious.

Why Business Analytics Is Essential for Running a Successful Business

WHY IS BUSINESS ANALYTICS IMPORTANT?
The foremost goal of any organization is profitability, and customer satisfaction is a huge component of the success of a business. When an organization innovates and stays ahead of its competition, it fulfills and goes beyond customer expectations. Many businesses still rely on ineffective, time-consuming traditional techniques for decision making processes that cannot keep pace with the competition.

The use of “Gut feel” in taking strategic decisions still plays an important role among business leaders. But does reliance on “Gut feeling” and “Traditional techniques” make for smart decision-making? What’s the best approach?

The technology boom has given rise to innovations in how data is used. Business analytics is the solution and the best move to ensure competitiveness in today’s era. To define the term: “Business analytics, one of the emerging fields in the data science, refers to the methods and various statistical and quantitative techniques used by an organization for informed decision making and business modeling”.

Analytics is the change that helps you to get your business on track. It assists the businesses to convert the humongous amount of generalized data into observation, patterning and vision.

BENEFITS OF BUSINESS ANALYTICS
What was discussed above is just an academic definition. Now let’s discuss why one needs to adopt it in business operations:

Fast decisions are easily taken, but what matters is smart decisions taken in a short period. It helps to inculcate faster and smarter decision making into business culture of your organization. With the help of business analytics, the company can empower a team for data analysis to extract targeted information. When a company accesses accurate and essential data, undoubtedly, it will take the right decisions.
Analytics helps in quantifying business values.
Most businesses provide training programs for fresh recruits or older employees where the core business values are imparted or refreshed. Instead, companies should go a step further and undertake the help of business analytics to translate business values into numbers. This is a more cost and time efficient undertaking.

CAREER PATH OF A BUSINESS ANALYST
A business analyst is one who assists organizations in the process of business analytics. The career path of a business analyst is not strictly defined as there are several options based on industry, qualifications, interests, preferences etc.

Training provides trainees with the skills and knowledge needed for a proper understanding and interpretation of data.
Training courses help students in getting exposed to data systems and tools like R, SAS, Python etc. making them eligible for various analytical jobs.
The best incentive for undergoing a course is that the industry-best average salary of a business analyst is Rs 491,522 a year. There are various skills that can increase the pay scale of a business analyst like project management, SAS etc.

CONCLUSION

The role of a business analyst is often seen as one that bridges the gap between different departments in an organization. There are various business analytics courses which can help you achieve all the benefits mentioned above. Candidates with these skills can help an organization to strategically improve operational efficiency.

Why We Need a Mobile Small Business Portal Website for Future Entrepreneurs

It seems as manufacturing jobs have migrated to other countries and as retail jobs have been slowing due to online sales that more and more jobs are in the service business. Having participated in this sector during my career as an entrepreneur I noticed the need for consultants and advice. When starting a service business there is much to learn and more often than not, you cannot find it in an MBA class. So what is a start-up service entrepreneur to do, considering they will probably start by working out of their home and going to the client’s home or business to do the work?

Well, I believe we need better Portal Websites for exactly this purpose. If someone were to start an online resource like this, I’d sure be willing to help them out and I am sure other veteran service industry folks would also, think how many people formerly of the mobile service business are on LinkedIn? Maybe they can steer interested people to your Blog, writings or offerings – that is if you were to take up the cause and start such a website? Do you have a Mobile Business Portal website now? Do you run a mobile service business and think you could help others across the nation in your sector?

It seems mobile businesses need a lot of back-office stuff (accounting, scheduling, software, routing, incoming tele-marketing) and franchisors of mobile business models need franchise buyers. People getting out of the military are EXTREMELY SUITED towards mobile businesses being ‘take-action’ types and they follow business plans and business models, manuals and instructions well, making them more successful in Biz Ops, Franchises or start-up mobile businesses with the right set of instructions and network behind them?

Most start-up mobile businesses need help and funding, so a portal website could capitalize on these needs? Is that kind of what you are doing? Personally, I have many business plans for mobile businesses, and there are other places to find marking plans, so maybe all of these should be on one website?

Now then, currently, I am retired and not really promoting anything, although I do believe in mobile enterprises due to cost-structure and ROI, just as I like “Internet Businesses” and online retail, it just makes so much sense to me for so many reasons. I’ve put a lot of thought into this whole ‘mobile business” thing over the years, in hindsight of what I had done, and also with regards to all the experiences and success I’ve had doing it. I’d be happy to pass that information on to the next group of entrepreneurs, and I guarantee you, I am not alone.

It wouldn’t be hard for some smart entrepreneur to build such a resource for the millions of mobile business operators in America. Think on it.