<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Social Media Writing for Smart People &#187; Business</title>
	<atom:link href="http://www.ivanwalsh.com/tag/business/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.ivanwalsh.com</link>
	<description>Get smart with better social media writing skills</description>
	<lastBuildDate>Sat, 05 Nov 2011 17:15:50 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.2.1</generator>
		<item>
		<title>5 Ways to Make Money With iPhone Apps</title>
		<link>http://www.ivanwalsh.com/business-development/iphone-marketing-plan/</link>
		<comments>http://www.ivanwalsh.com/business-development/iphone-marketing-plan/#comments</comments>
		<pubDate>Tue, 01 Feb 2011 17:40:49 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[iPhone]]></category>
		<category><![CDATA[plan]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4848</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/iphone-marketing-plan/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2011/02/iphone-app-education-300x182.jpg" class="alignleft wp-post-image tfe" alt="" title="iphone-app-education" /></a>Here are five ways to build, market and make money from your first iPhone app. Also works for Google Android.]]></description>
			<content:encoded><![CDATA[<p></p><p>When your 11 year old son creates his first iPhone app, you know there is no excuse not to build your own. The advantage I (may?) have over my son is 20 years of <a href="http://www.ivanwalsh.com/go/duct-tape-marketing">marketing experience</a>. So, I should be able to make money from this iPhone app, right? Here’s the plan to monetize, market, and promote my first iPhone app.</p>
<p><a href="http://www.ivanwalsh.com/wp-content/uploads/2011/02/iphone-app-education.jpg"><img class="alignnone size-medium wp-image-4853" title="iphone-app-education" src="http://www.ivanwalsh.com/wp-content/uploads/2011/02/iphone-app-education-300x182.jpg" alt="" width="300" height="182" /></a></p>
<h2>How to build your First iPhone or Android app</h2>
<p>Before you start&#8230; spend some time researching best practices before <a href="http://www.ivanwalsh.com/go/businessplan">defining your Business Plan</a> for building iPhone and Android apps. For example, as Apple does not support Adobe Flash do make sure your designer creates animation that works or can be exported to different systems.</p>
<p>Depending on how you build your mobile application, you can use the same material to create an application that works on both the Apple iPhone and the Google powered Android.</p>
<p>Why do I need to know this?</p>
<p>You want to get the best return on your investment.</p>
<ul>
<li>Instead of building a mobile app that is limited to an iPhone develop the materials so you can export them to other platforms.</li>
<li>Create the source materials, for example, images, in formats that work on both systems.</li>
<li>Develop the app so that you can also use parts of it for your website and/or blog. Use screens and animations from the app to build short movies &#8211; to market on YouTube &#8211; and for lead generation on your site.</li>
</ul>
<p>In other words, before starting the development process, scope out where and how you can use the content to increase your reach.</p>
<p>The last thing you want to do is build an app&#8230;. and then have to build more material for your blog. YouTube account, and media kit.</p>
<h2>Making Money From iPhone &amp; Android apps</h2>
<p>The app I’m building is about education. It’s designed to teach business folks how to speak 100 Chinese phrases they can use in business meetings in China.</p>
<p>There are &#8211; at least &#8211; five ways we can monetize it.</p>
<ol>
<li><strong>Free</strong> &#8211; create sufficient interest in the product so that others download it for free. You can make money once you get enough traffic from the online advertising. So advertising is where you plan to make the money. The attraction here is that there is no upfront costs. The downside is that it’s not easy to get the critical mass to justify this approach.</li>
<li><strong>Paid</strong> &#8211; if the product get good reviews (more on that later) and is recognized as ‘best in class’ in its respective category, then you can explore charging. The default is usually .99 cents at least on the ITunes marketplace.</li>
<li><strong>Subscription</strong> &#8211; This means that you charge customers a recurring fee, for example, every month, for using the product. This works very well for certain business models. Education is one of these, which is why we’re focussing here.</li>
<li><strong>Add-ons</strong> &#8211; The Angry Birds app has sold 10 million copies at .99 cents each. One way they’ve increased their sales has been by offering other add-ons, usually for .99 cents that give you more skills or powers in the game. This is an effective way to offer a product at a low price and then tempt customers with other products as they use the game more.</li>
<li><strong>Physical Products</strong> &#8211; You can further expand your sales efforts by developing offline products. For example, the Angry Birds will soon be available as a board game. We’ll be selling the Chinese education materials as ebooks and flashcards you can print out.</li>
</ol>
<h2>Market your iPhone &amp; Android apps</h2>
<p>Next week, we’ll look into this a little more but for now, here are some ideas:</p>
<h3>Get Reviews</h3>
<ul>
<li>Team up with a set of like-minded bloggers.</li>
<li>Send them free copies of your application</li>
<li>Ask them to review the application and send a link back to your site.</li>
<li>Encourage friends to comment on the reviews (positively of course) and generate as much excitement as possible.</li>
</ul>
<h3>Pre Launch</h3>
<p>Before you launch the product:</p>
<ul>
<li>Use your blog to discuss what you plan to do with the application.</li>
<li>Ask your readers for ideas on how you can build the application. They idea is to get them involved in the brain storming process and then share the excitement with them</li>
<li>Continue this process for at least one month.</li>
<li>Start to use the same strategy on Twitter, Facebook and other channels. For example, you could ‘seed’ questions on LinkedIn to generate curiosity.</li>
<li>Share screenshots on the prototype app with your readers. Again, ask for more feedback.</li>
<li>Connect with others who’ve develop similar (but not competing apps) and ask for advice. Remember to thank these folks (repeatedly) when you launch the product and in post launch blog posts.</li>
<li>Thank everyone who responds by email.</li>
<li>Give special discounts to early buyers. Use this to get referrals, which is critical for getting more credibility. See John Jantsch’s book, The Referral Engine, on how to do this right.</li>
</ul>
<h3>Product Launch</h3>
<p>When you launch the product:</p>
<ul>
<li>Countdown to the product launch on Twitter and your blog.</li>
<li>Develop a Twitter Plan.</li>
<li>Choose your keywords wisely.</li>
<li>Share this Twitter Plan with your affiliates and business friends.</li>
<li>Get your friends to send out the same message on Twitter the same day. It has to be the same day. Use the same message and send folks to the correct landing page.</li>
<li>Generate as much buzz as possible for 2-3 days. Drop everything else and focus on this.</li>
<li>Write a series of blog posts that discuss the new product. Schedule these in quick succession.</li>
<li>Get your network to leave as many comments as possible.</li>
<li>Do the Retweets and Facebook likes to drive more traffic to the blog.</li>
<li>Where appropriate, send folks to the Apple ITunes store or to eJunkie if you’re selling it online. We plan to use eJunkie.</li>
<li>Thank everyone!</li>
</ul>
<h3>Post Launch</h3>
<p>The final step is to:</p>
<ul>
<li>Automate the sales process so you can move to the next projects.</li>
<li>Fix any errors that were encountered by customers when using the product.</li>
<li>Reply to everyone who helped you get there.</li>
<li>Share more on Twitter on how well the product launch went well. This is where you give as much credit as possible to your network. Don’t forget to spread the message on their Facebook pages as well.</li>
<li>Use Google Analytics to examine the sales and landing pages. Creates goals in GA and observe these very closely.</li>
<li>Begin to look at the feedback and see what type of products you can upsell. You’ll only know this once the product goes live and you engage with customers.</li>
<li>Return to all the LinkedIn groups and remind folks of the product, thank them for their help and ‘share’ the sales page where they can see the end result.</li>
</ul>
<h3>Next Steps</h3>
<p>Building a successful IPhone/Android application involves more than developing the product itself. Most folks focus too much on the app and <a href="http://www.ivanwalsh.com/go/duct-tape-marketing">overlook the marketing plan</a>.</p>
<p>This means that they end up with a wonderful product but never find the customers. They also don’t build the network is critical to generate the necessary buzz and, more critically, gets your product in front of their customers.</p>
<p>Those are five ways to make money with an app. What else would you add?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/iphone-marketing-plan/feed/</wfw:commentRss>
		<slash:comments>6</slash:comments>
		</item>
		<item>
		<title>How To Find New Ideas For Your Business</title>
		<link>http://www.ivanwalsh.com/business-development/new-business-ideas/</link>
		<comments>http://www.ivanwalsh.com/business-development/new-business-ideas/#comments</comments>
		<pubDate>Sun, 30 Jan 2011 19:25:22 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Ideas]]></category>
		<category><![CDATA[plan]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4792</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/new-business-ideas/"><img align="left" hspace="5" width="50" height="50" src="http://www.ivanwalsh.com/wp-content/uploads/2011/01/new-business-ideas-150x150.jpg" class="alignleft wp-post-image tfe" alt="" title="new-business-ideas" /></a>I don’t know about you but I don’t look for new business ideas in garden centers. Which is interesting for two reasons. First: I associate garden centers with functional activities (not creative ones). Secondly:  I had a fixed ideas on where to find creative inspiration. On both counts I was wrong. ]]></description>
			<content:encoded><![CDATA[<p></p><p>I don’t know about you but I don’t look for <a href="http://www.klariti.com/marketing-plan-templates/index.shtml">new business ideas</a> in garden centers. Interesting for two reasons. First: I associate garden centers with functional activities (not creative ones). Secondly:  I had a fixed idea on where to find creative inspiration. On both counts I was wrong.</p>
<p><a href="http://www.flickr.com/photos/fdecomite/2419691846/" target="_blank"><img class="alignnone size-full wp-image-4859" title="new-business-ideas" src="http://www.ivanwalsh.com/wp-content/uploads/2011/01/new-business-ideas.jpg" alt="" width="500" height="500" /></a></p>
<h2>Why New Business Ideas Are Everywhere</h2>
<p>You can develop products (not sure about services) in R&amp;D departments and then try to launch them but <strong>something is missing</strong>&#8230; people.</p>
<p>The <a href="http://www.ivanwalsh.com/business-plans/12-risks-to-avoid-when-buying-a-new-business/4576/">seeds for new business ideas</a> are found where you find <strong>people</strong>.</p>
<ul>
<li><strong>The idea for the walkman </strong>was made when a Sony designer saw teenagers skating on the boardwalk and wondered how could they listen to their radios.</li>
<li><strong>The idea for designer watches</strong> &#8211; think Swatch &#8211; was to connect customers love of jewelry with the opportunity to collect the entire range. No one bought a swatch because it kept better time than other watches.</li>
<li><strong>The idea for perfume </strong>arose to mask the stench from the aristocracy who didn’t bathe. It wasn’t the done thing so they lashed on oddles of perfume instead.</li>
</ul>
<p>New business can be generated:</p>
<ul>
<li><strong>By looking for twists on existing products</strong>: think boots and dogs and you get booties for pampered Chihuahuas. What’s the next animal you could design clothes for? Hats for dogs? Bracelets for kittens?</li>
<li><strong>By making it more exclusive</strong> the other similar products: think the IPad which is very limited compared to laptops but, due to its high price point, makes it very exclusive.</li>
<li><strong>By looking for ways to frighten customers</strong> into feeling the product is a necessity: how many parents have bought mobile phones to keep in touch with their kids ‘just in case’ something happened.</li>
</ul>
<h2>How to Find New Business Ideas</h2>
<p>You’ve read that innovation is key to creating great new products, right?</p>
<p>The dilemma is that it’s hard to pull new ideas out of thin air.</p>
<p>My experience is that <strong>new killer products are usually an ‘incremental’ improvement</strong> of an existing product, usually with a nice marketing twist.</p>
<p>There are exceptions, of course. It’s hard to think of what precluded the web browser, but the concept of the PC, for example, had been around for decades.</p>
<p><strong>So, how do you find new business ideas?</strong></p>
<p>Here’s a suggested approach:</p>
<ol>
<li>Visit your local garden center.</li>
<li>Select some products that you can experiment with.</li>
<li>Examine the product and <strong>see where you can add one new feature</strong> that would improve the product design.</li>
<li>Then see how you could position this so it would appeal to the current buyers or</li>
<li>How you could position it so new customers would be attracted.</li>
</ol>
<p>If you don’t have the time or budge to do this, here’s an alternative, especially if you’re selling services.</p>
<ul>
<li>Visit your local shopping center.</li>
<li>Wander around one of the shops and <strong>observe how the staff interact with customers.</strong></li>
<li>Identify three ways staff could assist customers. I bet you’ll identify at least five.</li>
</ul>
<p>If you develop this habit of observation, especially where customers and staff interact, you’ll see many areas <strong>where services could be improved, customers could be up-sold more products, and business process could be refined</strong>.</p>
<p>Most folks <strong>see the flaws in the system</strong> &#8211; complaining why checkout lines are so slow &#8211; but never ask the obvious question. Why? And then see how the process can be improved.</p>
<p>It’s all about ‘<strong>looking for clues</strong>’ that identify the gaps and then finding practical solutions.</p>
<h2>The Motivation For Changing Perception</h2>
<p>What I learnt is that <a href="http://www.ivanwalsh.com/go/duct-tape-marketing">creativity is everywhere</a> if you take the effort to find it.</p>
<p>Or, to flip it around, if you <strong>place yourself in the shoes of the product designer</strong>, then the most mundane activities can be immensely rewarding. Instead of being stuck in the local DIY center, you can see it as a ‘shopping expedition’ for new ideas.</p>
<p>If the idea of starting a business appeals to you or &#8211; are was the case with me &#8211; <strong>you feel frustrated in your current job and want to setup a new business</strong> (but not sure where), then start developing the habit of looking at existing business ideas and seeing where they could be improved.</p>
<p>Sometimes, it’s very simple. For example, I was looking for a new mobile phone last week. All I wanted was an inexpensive phone to make calls with web surfing thrown in.</p>
<p>What phone did they try to sell me? Yes, the most expensive. Their strategy was to go for bust with each customer.</p>
<p>Rather than trying to sell me ‘any’ phone and get me into their sales database (and all the upsells down the line) they lost me within five minutes. Forever.</p>
<p>A<strong> little tweaking with their sales strategy</strong> would have made a huge difference.</p>
<p>More customers = More sales.</p>
<p>But not everyone gets it. And that’s the opportunity for you.</p>
<h2>From Business Idea to Business Plan</h2>
<p>The idea of starting a new business &#8211; and writing a business plan &#8211; is pretty intimidating for most of us. Where I went wrong was assuming it would be more than I could handle. So, I avoided it until my mid-30s. My mistake.</p>
<p>Once I started, and <a href="http://www.ivanwalsh.com/go/businessplan">armed myself with the best business planning tools</a> on the market, what had seemed impossible slowly began to bear fruit. And that’s where business ideas morph into successful business plans. <strong>It’s an iterative process. </strong>Every effort takes you one step closer.</p>
<p>Where do you find inspiration for new business ideas? And where do others go wrong?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/new-business-ideas/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>12 Risks To Avoid When Buying a New Business</title>
		<link>http://www.ivanwalsh.com/business-development/12-risks-to-avoid-when-buying-a-new-business/</link>
		<comments>http://www.ivanwalsh.com/business-development/12-risks-to-avoid-when-buying-a-new-business/#comments</comments>
		<pubDate>Sun, 26 Sep 2010 21:07:47 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Buying]]></category>
		<category><![CDATA[Finance]]></category>
		<category><![CDATA[funding]]></category>
		<category><![CDATA[IP]]></category>
		<category><![CDATA[Risks]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4576</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/12-risks-to-avoid-when-buying-a-new-business/"><img align="left" hspace="5" width="50" src="http://farm5.static.flickr.com/4088/4973732805_af7d0c20ef.jpg" class="alignleft wp-post-image tfe" alt="Cien Pesos" title="" /></a>Oscar Wilde warned us that 'experience is the word men give to their mistakes'. Instead of starting a business and all the risks involved, maybe you should buy one instead? Sounds good? Neil Patel, over on Quick Sprout, identifies three business categories and why he prefers the third when buying a business. 

David Garfield on Rise To The Top takes up the same subject with Neil and identifies seven mistakes that nearly broke his business. The bottom line? How do you identify the true value of a company before you buy it. No one wants to buy a lemon, right?]]></description>
			<content:encoded><![CDATA[<p></p><div>
<p><a title="Cien Pesos" href="http://www.flickr.com/photos/34120957@N04/4973732805/" target="_blank"><img src="http://farm5.static.flickr.com/4088/4973732805_af7d0c20ef.jpg" border="0" alt="Cien Pesos" /></a><br />
<small><a title="Attribution License" href="http://creativecommons.org/licenses/by/2.0/" target="_blank"><img src="http://www.ivanwalsh.com/wp-content/plugins/photo-dropper/images/cc.png" border="0" alt="Creative Commons License" width="16" height="16" align="absmiddle" /></a> <a href="http://www.photodropper.com/photos/" target="_blank">photo</a> credit: <a title="Alex E. Proimos" href="http://www.flickr.com/photos/34120957@N04/4973732805/" target="_blank">Alex E. Proimos</a></small></p>
<p>Oscar Wilde warned us that &#8216;experience is the word men give to their mistakes&#8217;. Instead of starting a business and all the risks involved, maybe you should buy one instead? Sounds good? <a href="http://www.quicksprout.com/2010/09/08/if-i-could-do-it-all-over-again-i-wouldnt/" target="_blank">Neil Patel</a>, over on Quick Sprout, identifies three business categories and why he prefers the third when buying a business.</p>
<p>David Garfield on <a href="http://blog.therisetothetop.com/2010/09/7-business-mistakes-that-nearly-broke-special-guest-neil-patel/" target="_blank">Rise To The Top</a> takes up the same subject with Neil and identifies seven mistakes that nearly broke his business. The bottom line? How do you identify the true value of a company before you buy it. No one wants to buy a lemon, right?</p>
<h2>7 Advantages Of Buying a Business</h2>
<p>Most business articles on Entrepreneurs focus on starting up a business. And this makes sense as many new business owners are concerned with getting their product off the ground. Expand the product, finding partners and making acquisitions are further down the road.</p>
<p>What if buying a new business was a smarter move?</p>
<p>Instead of putting your energies into getting funding, finding employees, and looking for distribution partners, taking over an existing business may be more rewarding&#8230; and less stressful.</p>
<p>Neil outlines why buying an existing business may be a smarter move. Instead of starting from scratch look for an under-performing business and see if you can turn it around.</p>
<p>The advantages of buying an existing company include:</p>
<ol>
<li>Using its existing customer base to upsell other products.</li>
<li>Enter new markets, especially it has an overseas office and presence in the local market.</li>
<li>Re-engineer its technology to link in with your products; develop new applications; upsell services/consultancy.</li>
<li>Use the company’s track record and assets to secure larger bank loans.</li>
<li>Increase your purchasing power. Buying PCs for 10 employees is one thing but if you buy 500, you can get a heavy discount from the supplier.</li>
<li>Consolidate office space and reduce overheads. Instead of having several small team in different locations, you can take advantage of existing office space. This reduces costs and, in theory, should see greater collaboration between teams.</li>
<li>Bid for larger government contracts by pooling your resources.</li>
</ol>
<h2>Risks When Buying a Business</h2>
<p>If buying an existing business is so attractive, why don’t more do it?</p>
<p>It’s a combination of factors.</p>
<h3># 1 Culture</h3>
<p>Working at a small startup is often less formal, more fluid, and sometimes slightly on the edge. Company cultures are very different as are the age profiles. Consider the difference between Google’s famed pool tables against more conservative firms. Merging different cultures can have negative effect on the new company as cultures clash and management struggle to impose a new unified identify.</p>
<h3>#2 Employees</h3>
<p>You need to meet the key employees in the company and decide how much value they provide and where they fit into your long term plans. Gauge their feelings towards the merge/takeover and how this will impact the new business.</p>
<ul>
<li>Does the Sales Manager have a strong set of contacts?</li>
<li>How many large contracts has he landed in the last 12 months?</li>
<li>What type of commissions or profit sharing exists?</li>
<li>Are employees offered special benefits, e.g. expensive company cars that you’ll want to trim.</li>
</ul>
<p>Identify those you want to keep and see if you can offer them incentives to stay. Incentives may be financial but also a new role in the company reorg that’s always appealed to them. Of course, you also have to calculate the cost of laying off staff and terminating contracts.</p>
<h3>#3 Customers</h3>
<p>Arguably the most important ‘asset’ you’re buying is its customers. Research the industry and look for new trends, downturns, consolidations that could influence your customers. Examples may include new legislation, other mergers (eg better deals elsewhere) or new product launches from your competitors.</p>
<p>Can you compete with your competitors in the next 12-24 months and retain your customer base? Look for ways to determine what customers think of your target business. Just because they use its product doesn’t mean they’re happy. For example, do you like the anti-virus software the came bundled with your PC? Would you switch if you could? How about your cable or phone company? Market research, surveys and brand monitoring on social media channels can be very rewarding.</p>
<h3>#4 Debts Hidden off the Balance Sheet</h3>
<p>From the outside you see the tip of the iceberg only. You may have an idea how successful the product is, but other variables will less visible and harder to determine. Smart accountants can bury debt is very sophisticated ways; remember Enron. So, don’t look just at the P&amp;L and cashflow, look at loans, debts etc. This is where many an acquisition goes wrong – you don’t actually know what you’re buying!</p>
<h3>#5 Transfered Losses</h3>
<p>Another consideration when buying a company is to see if you can transfer the main assets to your own company (or a new entity) and leave the outstanding loses with the former company.</p>
<p>This practise of moving assets, such as Intellectual Property, is not uncommon in business and allows you to separate assets that you can develop from loses, such as debts and loans. Look at how large organization re-structure and you’ll see how it’s done. While this isn’t a risk for most M&amp;As, it does need consideration if you’re the transfer of losses/debts is one of the reasons you’re attracted to the price.</p>
<h3>#6 Tax Relief</h3>
<p>You may be entitled to tax relief if you start-up a new company in under-developed area. These tax breaks allow you to setup operations at a low cost, claim the tax relief, and direct your finances into areas where you get higher returns. Government bodies and local agencies offer these tax credits to stimulate regions that may have fallen behind or are suffering economically. Contact your local Chamber of Commerce to ensure you are entitled to these. Don’t assume that you’ll get the credits just because others have received them.</p>
<h3>#7 Management Skills</h3>
<p>Buying and running businesses require different skills. Business owners who have built their companies from scratch has a passionate commitment to their own business. Running a new organization, with new clients, new customers may be a bridge too far.</p>
<p>Mergers/buy-outs often fail as the founder of the target company is pushed out resulting in an employee exodus. Also, the buyer may not have the skills to motivate the newer staff who may resent the buyout.</p>
<p>If you want to evaluate a business, at minimum you need to prepare a checklist and work through what the target acquisition offers.</p>
<h3>#8 Facilities</h3>
<p>These do not appear on the balance sheet yet can be an immense hidden liability.</p>
<p>Why?</p>
<p>Let’s say the company produces material that requires waste treatment. There may be costs associated with cleaning up spills, waste and disposals that may have damaged the soil and/or water tables.</p>
<p>Costs to clean up these need to be factored into your value of the company. Also, see what agreement is in place with the landlord so you are not tied into a long-term lease.</p>
<h3>#9 Inventory</h3>
<p>Another place where the value of assets can be fudged. If the goods are perishable (e.g. foods) or are now out of fashion (e.g. clothes ranges or children’s toy), then you need to re-adjust their value on the balance sheet. Most firms are slow to write down goods or write them off as obsolete.</p>
<p>IT companies need to be wary as the value of servers, hardware, printers etc all may be out-dated and require an overhaul. You also need to check if they’re compatible with your IT Strategy.</p>
<h3>#10 Competitors</h3>
<p>While competition is a fact of life, be cautious if the buyer is willing to sell the business at a cut price. Determine why they are willing to take this loss. Has a new competitor entered the market? Has a competitor won large government contracts that will marginalize your firm. Consultancy firms need to be very careful here as they can get locked out if the major players become deeply entrenched with Government agencies.</p>
<h3>#11 Currency Exchanges</h3>
<p>One that often gets overlooked! Companies with offices in different countries may report earnings n their parent company’s currency (e.g. USD) but the sales from different regions may be in Euro, Yen, and RMB.</p>
<p>The value of the currencies fluctuates through-out the year. A good year in one country &#8211; with an attractive currency exchange &#8211; may not be easy to see in the balance sheet. You need to be wary of FOREX as changes in rates and performance will skew the true value of the company.</p>
<h3>#12 Financial Statements</h3>
<p>Anyone who has worked in accounting knows that there are different ways to present the same data to the IRS and still stay compliant. Debts can be hidden in partnership, loan repayments can be staggered over a 5 or 10 year period. Likewise, audits should be taken for what they are. Again, remember Enron and how Arthur Andersen ‘audited’ the company’s books.</p>
<h2>Conclusion</h2>
<p>Warren Buffett talks about the level of detail required to fully analyze a company before he would make a bid. He covers this in his first biography, not The Snowball, where he would spend weeks and sometimes months analyzing a firm’s performance before making a bid. It took him over a year before he decided to buy Coke, but when he did invest, the returns were staggering.</p>
<p>To recap, when buying a company look at:</p>
<ol>
<li>People – is it their talent you’re after?</li>
<li>Product &#8211; how well does it align with what you have or fit another project you have in mind</li>
<li>Customers &#8211; can you use this to sell new products and/or offer complimentary services</li>
<li>Financials &#8211; can you use their existing cash reserves to stimulate more growth. And can you write off some of their debts? Can you determine the true value of the company?</li>
</ol>
<p>Try to estimate the net positive cash flow for the next five years and then determine the multiple of earnings to work out a fair value.</p>
<p>Remember, making the bid is the start of the negotiating process.</p>
<p>What other mistakes do you see people make when buying a new business?</p>
</div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/12-risks-to-avoid-when-buying-a-new-business/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Warren Buffett and the Benefits of Plain English Writing Techniques</title>
		<link>http://www.ivanwalsh.com/business-development/using-plain-language-writing-techniques-to-write-better-proposals/</link>
		<comments>http://www.ivanwalsh.com/business-development/using-plain-language-writing-techniques-to-write-better-proposals/#comments</comments>
		<pubDate>Mon, 12 Jul 2010 23:32:00 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Format]]></category>
		<category><![CDATA[Proposal]]></category>
		<category><![CDATA[Style Guide]]></category>
		<category><![CDATA[Tips]]></category>
		<category><![CDATA[writing]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/business-plans/using-plain-language-writing-techniques-to-write-better-proposals/4462/</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/using-plain-language-writing-techniques-to-write-better-proposals/"><img align="left" hspace="5" width="50" src="http://www.klariti.com/images/Audience-Analysis-Template-7.gif" class="alignleft wp-post-image tfe" alt="Audience Analysis Template - MS Word" title="" /></a>Ever read an annual report from Warren Buffet. Try it. Easy, isn’t it? Few successful business-people write so clearly. There is no pretension, no haughty references to obscure allusions and no strange acronyms. It’s all there in black and white. Here’s what Buffet had to say about other business writers, though, “For more than forty [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Ever read an <a href="http://www.berkshirehathaway.com/letters/letters.html">annual report from Warren Buffet</a>. Try it. Easy, isn’t it? Few successful business-people write so clearly. There is no pretension, no haughty references to obscure allusions and no strange acronyms. It’s all there in black and white. Here’s what Buffet had to say about other business writers, though,</p>
<blockquote><p>“For more than forty years, I’ve studied the documents that public companies file. Too often, I’ve been unable to decipher just what is being said or, worse yet, had to conclude that nothing was being said. If corporate lawyers and their clients follow the advice in this handbook, my life is going to become much easier.</p></blockquote>
<p>In the late 90s, I found the Plain Language writing technique almost by accident. It’s also called Plain English, by the way. I was reading a lot about Warren Buffet a few years back and came across a nice, short document he wrote for the SEC. These are the folks who submit legal and business document to Wall Street when going on the stock exchanges. Buffet writes like he speaks. Direct, immediate and without pretension.<span id="more-4462"></span></p>
<p><a href="http://www.klariti.com/Audience-Analysis-Templates/"><img style="display: block; float: none; margin-left: auto; margin-right: auto;" src="http://www.klariti.com/images/Audience-Analysis-Template-7.gif" border="0" alt="Audience Analysis Template - MS Word" /></a></p>
<p><a href="http://www.klariti.com/Audience-Analysis-Templates/">Audience Analysis worksheets</a>.</p>
<p>From the handbook:</p>
<blockquote><p>There are several possible explanations as to why I and others sometimes stumble over an accounting note or indenture description. Maybe we simply don’t have the technical knowledge to grasp what the writer wishes to convey. Or perhaps the writer doesn’t understand what he or she is talking about. In some cases, moreover, I suspect that a less-than scrupulous issuer doesn’t want us to understand a subject it feels legally obligated to touch upon. “</p>
<p>He adds that “Perhaps the most common problem, however, is that a well-intentioned and informed writer simply fails to get the message across to an intelligent, interested reader. In that case, stilted jargon and complex constructions are usually the villains.”</p></blockquote>
<p>It’s a great read and you can download it here <a href="http://www.sec.gov/pdf/handbook.pdf">www.sec.gov/pdf/handbook.pdf</a> in PDF.</p>
<h3>Write Business Proposals in clear English</h3>
<p>So, with this in mind, I wrote this short guide to help you write Business Proposals in clear English. It explains how to prepare an business documents that readers can digest in one reading. That’s the acid test. They shouldn&#8217;t have to read them twice and three times to get the meaning. It also covers <strong>how to use Plain Language writing techniques to win more business</strong>, accelerate your tender process, and encourage staff to contribute to the overall tender process.</p>
<h3>1. Start Early</h3>
<p>Developing a Plain English document takes time – the first time!. For your first Plain English proposal, allow extra time to write, edit, and revise. Add more time than you would expect to your usual schedule if possible. The next time it’s easier.</p>
<h3>2. Study the principles of Plain English</h3>
<p>Remember: you want your request for proposal to be understood in one reading. This means you need to:</p>
<ul>
<li>Identify your <a href="http://www.klariti.com/Audience-Analysis-Templates/">target audience</a> i.e. Government departments.</li>
<li>Consider what they need to know.</li>
<li>Consider the technical terms they may, or may not, know.</li>
<li><a href="http://www.plainlanguage.gov/">Develop plain English writing guidelines</a> for your staff.</li>
<li>Think about how to organize and format your Proposal.</li>
</ul>
<h3>3. Promote Plain English amongst your Staff</h3>
<p>Once you’ve seen the benefits of plain English compared with other writing styles, you can promote its values to your own staff and senior management. You need to get your staff onside so that they will begin writing in this style. Likewise, you also need to convince your managers of its values and possibly funding for a training program. Explain to both camps how they will benefit. Outline a high-level roadmap with timelines for the overall program.</p>
<h3>4. Contact an experienced proposal writer</h3>
<p>The first time you write a plain English proposal, you may find it time-consuming and more difficult than you thought. If this is the case, you’re on the right track! Everything worthwhile is difficult the first time round – soon you will get the hang of it.</p>
<p>You can also approach a writing consultant, especially someone who has a proven track record of writing good, clear English.</p>
<h3>5. Review previous Proposals and see where you can improve</h3>
<p>Before you start writing, consider the following: <strong></strong></p>
<ul>
<li><strong>Literacy level. </strong>What level of education is required to understand the Proposal? Use the <a href="http://www.klariti.com/business-writing/Fog-Index-Readability-Formulas.shtml">Fog Index to test your proposal’s readability</a>.</li>
<li><strong>Clarity. </strong>What parts of the Proposal are hard to understand? Are the sentences too long and complex? Does it use technical terms and acronyms that the target audience will not understand?</li>
<li><strong>Organization. </strong>How easy can you find relevant information? Would the Proposal be clearer if you reordered the main sections and possibly the sub-sections within it? Does the table of contents and index need sharpening? Are there too many/too few levels of information in the TOC.</li>
<li><strong>Repetition. </strong>Is the same information repeated in several sections? Does it have any real benefit?</li>
<li><strong>Headings. </strong>Should the headings be re-written in the form of questions that each section answers?</li>
<li><strong>Format. </strong>Do you need to add more bullet-point lists? Put keywords in bold? Use more white space?</li>
</ul>
<h3>6. Create an outline to help readers find information faster</h3>
<p>One very effective writing style is to <strong>write headings as questions,</strong>which each section answers. If you include sub-sections, use a numbered outline format (e.g. 1.2, 1.3) for the section headings. This helps the reader find the main sections quickly and see the relationship among subsections.</p>
<h3>7. Write the RFP, section by section, using plain language techniques</h3>
<p>If some sections are hard to write, read them aloud and see where they are difficult to understand. Go through the document section by section.</p>
<p>Write the first draft of key sections first, and then work on the inside sections. Once you’ve written these, refine the text by editing each section tightly. However, make sure your text does not become too cold and dry. Write as if you were speaking to a colleague whom you respect; this often helps control the tone of the document.</p>
<h3>8. Review and Revise</h3>
<p>Once you’ve finished the first draft, get it reviewed internally by colleagues who can add value to the review process. Don’t choose colleagues who are too close to the Proposal, as they will not see errors. Instead, get a neutral reviewer if possible. After getting the feedback, make the required edits.</p>
<p>If possible, ask volunteers from the target population to review the draft Proposal. Ask them if they can locate information easily. When interviewing ask open questions and you will get a better response.</p>
<p>Avoid closed questions, such as, is this a great RFP? Most will say Yes, just to please you – and make you go away!</p>
<p>Ask how much they could read in one sitting. Again, revise as needed.</p>
<h3>9. Create an easy-to-read format</h3>
<p>Format the document to make it easy to read and attractive in presentation. If you have time, prepare a template that can be re-used for all future RFP’s. This will reduce the time spend on preparing the document.</p>
<ul>
<li>Leave a blank line between paragraphs</li>
<li>Use bulleted lists</li>
<li>Highlight main points with <strong>bold </strong>and <em>italics</em></li>
<li>Use boxes for examples</li>
<li>Use white space generously</li>
<li>Include margins of at least one inch all around the page</li>
<li>Use two (2) columns to increase readability, if practical</li>
</ul>
<p>Use several different type sizes for headings. In many documents, the headings are in San Serif font (i.e. Verdana) and the body is in a Serif font (e.g. Times New Roman). Use a contrast in style to add emphasis.</p>
<h3>10. Get feedback – and share it</h3>
<p>Lastly, see if the Proposal works! Ask the external reviewers how they felt using the ‘new’ plain English Proposal. Get feedback from personnel involved in the review process and collate it for distribution.</p>
<ul>
<li>Did they find that the plain English Proposal made a better application?</li>
<li>Was it easier to write the application, and what made the most difference?</li>
<li>What worked and what needs more refinement.</li>
</ul>
<p>Summarize what you learned and share this information with colleagues. Encourage them to try writing plain English Proposals.</p>
<h3>Track Your Proposal Wins</h3>
<p>Keep a record of all the Proposals written in plain English and see if their success rate is higher than the previous styles of writing. There are more great writing resources are at: <a title="http://www.plainenglish.co.uk/" href="http://www.plainenglish.co.uk/">http://www.plainenglish.co.uk/</a></p>
<p><em>About the Author: Ivan Walsh provides <a href="http://www.klariti.com/">Business Tips for Smart People</a> on <a href="http://www.klariti.com/">Klariti.com</a>. His also runs the popular <a href="http://www.ivanwalsh.com">Business Planning Blog</a> at </em><a href="http://www.ivanwalsh.com"><em>http://www.ivanwalsh.com</em></a>. Follow him on Twitter <a href="http://twitter.com/ivanwalsh">@ivanwalsh</a></p>
<p>PS: The <a href="http://www.klariti.com/Audience-Analysis-Templates/">Audience Analysis Template</a> is here.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/using-plain-language-writing-techniques-to-write-better-proposals/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>37 Tips to Increase Your Business Writing Productivity</title>
		<link>http://www.ivanwalsh.com/productivity/getting-started-37-business-proposal-writing-tips/</link>
		<comments>http://www.ivanwalsh.com/productivity/getting-started-37-business-proposal-writing-tips/#comments</comments>
		<pubDate>Tue, 15 Jun 2010 05:24:00 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Productivity]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Case]]></category>
		<category><![CDATA[Example]]></category>
		<category><![CDATA[Format]]></category>
		<category><![CDATA[Free]]></category>
		<category><![CDATA[guide]]></category>
		<category><![CDATA[Proposal]]></category>
		<category><![CDATA[Startup]]></category>
		<category><![CDATA[Style]]></category>
		<category><![CDATA[writing]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/productivity/getting-started-37-business-proposal-writing-tips/4410/</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/productivity/getting-started-37-business-proposal-writing-tips/"><img align="left" hspace="5" width="50" height="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/05/Shilling1963R_thumb-150x150.jpg" class="alignleft wp-post-image tfe" alt="37 Tips to Boost Your Business Writing Productivity" title="Schillling" /></a>Post by Ivan Walsh. Follow me on Twitter. Working in China means more business writing and less technical writing, especially proposal development, web marketing case studies and white papers. As a few of the folks I hang out with on LinkedIn are also moving into business writing, I thought I&#8217;d add a few tips for [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Post by <a href="http://www.ihearttechnicalwriting.com">Ivan Walsh</a>. Follow me on <a href="http://twitter.com/ivanwalsh">Twitter</a>.</p>
<p><a href="http://www.ihearttechnicalwriting.com/books-i-like/12-steps-to-getting-started-as-a-consultant/4253/" target="_blank">Working in China</a> means more business writing and less technical writing, especially proposal development, <a href="http://www.ivanwalsh.com/web-business-plan/case-study-shoemoney-million-dollar-internet-empire-marketing-strategy/4307/" target="_blank">web marketing case studies</a> and white papers. As a few of the folks I hang out with on <a href="http://www.linkedin.com/in/ivanwalsh" target="_blank">LinkedIn</a> are also moving into business writing, I thought I&#8217;d add a few tips for business writing. While there is some overlap with <a href="http://www.ihearttechnicalwriting.com/technical-writing/writing-technical-documentation-for-chinese-and-japanese-readers/4367/" target="_blank">technical writing</a>, it does require a different mindset, for example, to understand the emotional drivers that persuade customers to accept or reject business proposals.<span id="more-4410"></span></p>
<h3>37 Tips to Increase Your Business Writing Productivity</h3>
<p>This article on business writing reminds us that our sales, marketing, business, and proposal development does not stand alone. It is part of a larger process that involves <a href="http://www.klariti.com/templates/Proposal-Template.shtml" target="_blank">planning, research, writing, editing, proofing, submission and acceptance</a>.</p>
<p><img style="margin: 0px 50px 9px 0px; display: inline; border-width: 0px;" title="Schillling" src="http://www.ivanwalsh.com/wp-content/uploads/2010/05/Shilling1963R_thumb.jpg" border="0" alt="37 Tips to Boost Your Business Writing Productivity" width="200" height="198" align="left" /></p>
<p>This list gives 37 ways to improve your next proposal. Scroll through it and tell me what I missed.</p>
<ol>
<li>Show that your response is logical and organized</li>
<li>Make the information easy to find. <a href="http://ivan.klariti.com/2010/01/7-ideas-to-inspire-your-blog-laser-focus-your-business/" target="_blank">Cross reference against the Request For Proposal</a></li>
<li>Include a table of contents for proposals over 10 pages in length</li>
<li>Ensure that your Proposal is in compliance with the RFP</li>
<li>Arrange material in order of priority to the reader</li>
<li>Arrange everything in the order that&#8217;s most important to the client</li>
<li>Arrange the response in accordance with their requirements</li>
<li>Number pages and sections consecutively; do not re-number each section</li>
<li>Use headings that make sense to your readers. See <a href="http://www.klariti.com/Audience-Analysis-Templates/" target="_blank">Audience Analysis template</a>.</li>
<li>Each section title should stresses the main benefits</li>
<li>Each section title should help readers orient themselves</li>
<li>If possible, express the key point of the section in the headline, or immediately after it.</li>
<li>Highlight important points</li>
<li>You can emphasize the most positive points by using bold, underlining, different fonts, spacing, titles, bullets and summaries</li>
<li>Sell the Message.It needs to have an emotional element. This is not a technical document. You need to hit the pain points.</li>
<li>Respond completely. Don’t skip anything.</li>
<li>Answer every question in the RFP. Failure to <a href="http://www.proposalwritingcourse.com/proposal-evaluation/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators-2/226/" target="_blank">respond correctly to the RFP may disqualify your proposal</a>. The client put these questions in for a reason, and expect an answer.</li>
<li>Avoid banal headings and titles</li>
<li>Rather than say &#8220;Development Section,&#8221; say &#8220;Ten Ways to Improve Your Processes&#8221;</li>
<li>Use action verbs in heads, especially verbs that stress a benefit for the client</li>
<li>Avoid <a href="http://www.proposalwritingcourse.com/proposal-writing/4-smart-ways-to-write-business-proposals-that-win-contracts/346/" target="_blank">boilerplate</a></li>
<li>Don&#8217;t recycle resumes and corporate profiles from previous proposals; modify them in accordance for the proposal at hand. Using old, tired resumes will be perceived by the reader, and will count against you when they can making the final judgments.</li>
<li>Avoid hype, padding and other self-congratulatory drivel. Remember that the proposal is a legal document that becomes part of the contract if you win</li>
<li>Support your <a href="http://www.klariti.com/customer-endorsements.shtml" target="_blank">recommendations</a></li>
<li>By giving specific details and quantifying the benefits whenever possible</li>
<li>Don&#8217;t just say that you will comply with a requirement — say how we&#8217;ll do so</li>
<li>Don&#8217;t attack competitors. Refer to rival products if you must.</li>
<li>Point out the weaknesses of alternative solutions.</li>
<li>Use a strong closing statement</li>
<li>Ask for their business; tell the reader exactly what you want him or her to do</li>
<li>Remind the reader of the <a href="http://www.klariti.com/business-writing/TipsOnProposalPricing.shtml" target="_blank">benefits of taking action</a></li>
<li>Avoid business cliché’s</li>
<li>Avoid hackneyed openings and closings that clients have read a thousand times. Avoid &#8220;I would like to take this opportunity to thank you for considering the enclosed . . .&#8221; Get to the point: &#8220;Here is your proposal.&#8221; Avoid &#8220;If you have any questions, please feel free to call.&#8221; That closing has been done to death, so avoid it and write something more genuine.</li>
<li>Make your <a href="http://www.klariti.com/templates/Proposal-Template.shtml" target="_blank">proposal easy to understand</a></li>
<li>Use the same terms and jargon that appear in the RFP. Don’t try to impress the client with your own special brand of buzzwords or TLA (three-letter acronyms)</li>
<li>Use <a href="http://www.klariti.com/technical-writing/choosing-style-guide.shtml" target="_blank">simple, direct language</a></li>
<li>Close your business documents on a high note. Don’t be too humble. A little confidence never hurt!</li>
</ol>
<p>What did I miss?</p>
<p><em>About the Author:</em><em> Ivan Walsh is a left-handed technical writer who <a href="http://www.klariti.com/proposal-writing/">writes business proposals</a> for clients. He also gives <a href="http://ivan.klariti.com/business-plan/9-reasons-my-first-online-business-failed/3383/" target="_blank">business writing tips for smart people</a> at <a href="http://www.klariti.com/proposal-writing/">Klariti</a></em></p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/productivity/getting-started-37-business-proposal-writing-tips/feed/</wfw:commentRss>
		<slash:comments>8</slash:comments>
		</item>
		<item>
		<title>Why Google Adsense is Not a Business Strategy But Still Money in the Bank</title>
		<link>http://www.ivanwalsh.com/business-strategy/why-google-adsense-is-not-a-business-strategy-but-still-money-in-the-bank/</link>
		<comments>http://www.ivanwalsh.com/business-strategy/why-google-adsense-is-not-a-business-strategy-but-still-money-in-the-bank/#comments</comments>
		<pubDate>Wed, 24 Mar 2010 14:56:09 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Adsense]]></category>
		<category><![CDATA[Affiliates]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Digital Products]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Passive Income]]></category>
		<category><![CDATA[revenue]]></category>
		<category><![CDATA[Startup]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4269</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-strategy/why-google-adsense-is-not-a-business-strategy-but-still-money-in-the-bank/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/google-adsense-check-thumbnail.jpg" class="alignleft wp-post-image tfe" alt="Google Adsense is Not a Business Strategy but It’s Still Money" title="Google Adsense is Not a Business Strategy but It’s Still Money" /></a>Would you take $740 if I gave it to you? Most people would say Yes. My Google AdSense check came today. It’s for 548.65 euros, about $740 dollars. I get this check every month; payments range from $700 (low) to $1200 (highest). But, I've decided to stop using Google Adsense. Here’s why.]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/google-adsense-check-thumbnail.jpg"><img class="size-full wp-image-4271  alignleft" title="Google Adsense is Not a Business Strategy but It’s Still Money" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/google-adsense-check-thumbnail.jpg" alt="Google Adsense is Not a Business Strategy but It’s Still Money" width="70" height="70" /></a>Would you take $740 if I gave it to you? Most people would say Yes. My Google  AdSense check came today. It’s for 548.65 euros, about $740 dollars. I get this  check every month; payments range from $700 (low) to $1200 (highest). But, I&#8217;ve  decided to stop using Google Adsense. Here’s why.<span id="more-4269"></span></p>
<h2><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/Google-Adsense-Monthly-Check-Photo.jpg"><img class="size-full wp-image-4273 alignright" title="Google-Adsense-Monthly-Check-Photo" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/Google-Adsense-Monthly-Check-Photo.jpg" alt="Google-Adsense-Monthly-Check-Photo" width="450" height="369" /></a>Google Adsense is Not a Business Strategy</h2>
<p>I&#8217;ve decided to phase out Adsense for different reasons. Here’s the  background:</p>
<ul>
<li><strong>When I started my online business, I had no products.</strong> Google  	Adsense was the simplest option. It acted as an interim solution until I had  	<a href="http://www.ivanwalsh.com/career/getting-started-business-consultant-tips/3920/">my own products</a>.</li>
<li>But it does work. I took <a href="http://perrymarshall.com/cmd.php?pg=ivanwals">this course</a> from this guy and learnt how  	to really use Google Adsense. It paid for itself many times over.</li>
<li>Earnings rose from $3 per month to over $1200 at its peak.</li>
</ul>
<p>So, why stop? Here’s the problem.</p>
<p>What is Google Adsense? Well, it is not a Business Strategy. It’s a deluxe  affiliate program. And a very good one but…</p>
<ul>
<li><strong>Strategy</strong> &#8211; My long-term aim is to develop my own suite of digital  	products and earn from these. <strong>I want greater control.</strong></li>
<li><strong>Ownership</strong> &#8211; I have no control of Adsense. If it disappears  	tomorrow (unlikely, but I&#8217;ve been bitten before) all my efforts is wasted.  	In the meantime, I could have developed or explored other options.</li>
<li><strong>Competition</strong> – While Adsense does very well, <strong>split testing</strong> with other products has shown that some of these earn as much, if not more.</li>
<li><strong>Customers</strong> – they have little interest in the ads and do their  	best to ignore them. Many complain that it’s <strong>irritating and/or visual  	pollution</strong>.</li>
<li><strong>Traffic</strong> – strangely enough, split testing pages with and without  	ads made <strong>little difference traffic wise</strong>. BUT, it reduced the number  	of comments on the site. When I removed the ads, the <strong>interaction improved</strong>,  	resulting in visitors staying longer. Banner Ads and other in-page adverts  	irritate users; I&#8217;ve never met a customer who asked me to put ads on a site.</li>
</ul>
<h2>Criteria for phasing out affiliate products</h2>
<p>This creates a small dilemma. Do I phase out and/or remove Google Ads?</p>
<ol>
<li>At what point do I phase out an affiliate products?</li>
<li>How long do I give an <a href="http://www.ivanwalsh.com/business-strategy-tips/strategy-how-to-fail-slowly/3990/">under-performing product </a>before reviewing, pausing  	and/or removing it from the site?</li>
<li>What criteria do I use to judge the performance of a product? Sales is  	the simplest/crudest indicator but, and this is my concern, if I switch the  	position of Adsense (i.e. place on the website) with another product, its  	sales numbers are negatively impacted. And the replacement product often  	performs better.</li>
</ol>
<h2>How To Use Google Adsense For Maximum Effect</h2>
<p>Let’s not thrown out the baby with the bath-water. My current solution has  been to:</p>
<ul>
<li><strong>Placement </strong>- Move the ads to the lower left navigation. This space allows  	‘skyscraper’ ads to appear there. These have high clickthru rates, i.e.  	higher payments. <strong>Position = rates</strong>.</li>
<li><strong>Video</strong> &#8211; This position also allows video ads to appear. Again, these have  	high click-thru rates.</li>
<li><strong>User Behavior</strong> &#8211; Articles that discuss high end products, such as digital  	cameras benefit from these skyscraper ads. These are rather eye-catching  	and, it seems, when people scroll to the end of the page, they click on the  	largest (i.e. easiest) option available. In this case, the skyscraper video  	ads work very well.</li>
</ul>
<p>So, for now, we have reached a happy medium. I still use Google Adsense, even  if it’s less prominent than previously.</p>
<h2>Adsense Highest Performing Ad Sizes</h2>
<p>Update: Google published a list of the highest performing ad sizes:</p>
<ul>
<li>336×280 large rectangle</li>
<li>300×250 inline rectangle</li>
<li>160×600 wide skyscraper</li>
</ul>
<p>I’d recommend the 160×600 wide skyscraper as it doesn’t distract the reader  from your main content and sits nicely in the side of the page.</p>
<p>Which brings us back to Business Strategy…</p>
<p><a href="http://www.ivanwalsh.com/category/business-strategy-tips/">Defining a strategy</a> means choosing the most effective way to run your  business. Google Adsense is ideal for those starting an online business &#8211; but  you need to (and can) aim higher. Ultimately, you want to wean yourself off from  low-performing affiliate programs and develop your own products, which of  course, you can then market to your own army of affiliates!</p>
<p><strong>See the difference?</strong></p>
<p>Next week, I&#8217;ll show you how I&#8217;ve started to develop a strategy for a new  small business site. It has no Google Adsense and no advertising – 100% digital  products. If you&#8217;re interested, please bookmark this site and see how it works.</p>
<p>Do you agree with what I&#8217;ve done? Would you have done it different? Let me  know below.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-strategy/why-google-adsense-is-not-a-business-strategy-but-still-money-in-the-bank/feed/</wfw:commentRss>
		<slash:comments>15</slash:comments>
		</item>
		<item>
		<title>Productivity Tip: How To Make Friday Your Busiest Day And Get The Rewards</title>
		<link>http://www.ivanwalsh.com/productivity/how-to-make-friday-your-busiest-day-and-reap-the-rewards/</link>
		<comments>http://www.ivanwalsh.com/productivity/how-to-make-friday-your-busiest-day-and-reap-the-rewards/#comments</comments>
		<pubDate>Sat, 20 Mar 2010 08:06:33 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Productivity]]></category>
		<category><![CDATA[Action Plan]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Call to Action]]></category>
		<category><![CDATA[Creativity]]></category>
		<category><![CDATA[customers]]></category>
		<category><![CDATA[Getting Things Done]]></category>
		<category><![CDATA[How To]]></category>
		<category><![CDATA[Impact]]></category>
		<category><![CDATA[Mental Power]]></category>
		<category><![CDATA[planning]]></category>
		<category><![CDATA[Products]]></category>
		<category><![CDATA[Project management]]></category>
		<category><![CDATA[Risks]]></category>
		<category><![CDATA[Sell]]></category>
		<category><![CDATA[Team Building]]></category>
		<category><![CDATA[Video]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/productivity/how-to-make-friday-your-busiest-day-and-reap-the-rewards/4233/</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/productivity/how-to-make-friday-your-busiest-day-and-reap-the-rewards/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/lancearmstonggettingthingsdone_thumb.jpg" class="alignleft wp-post-image tfe" alt="lance-armstong-getting-things-done" title="lance-armstong-getting-things-done" /></a>Friday is my busiest day. Most folks power down and go into weekend mode. Not here! Ask yourself, ‘why do I go down a gear on Friday?’, ‘How does this benefit my career?’ Ok, let’s be honest. We do this because others do it. Right? This is a high-risk way to manage your career. You're letting others determine how you behave. And it damages your career in many, many ways. Here’s an alternative approach.]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/lancearmstonggettingthingsdone.jpg"><img style="margin: 0px 5px 0px 0px; display: inline; border-width: 0px;" title="lance-armstong-getting-things-done" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/lancearmstonggettingthingsdone_thumb.jpg" border="0" alt="lance-armstong-getting-things-done" width="100" height="65" align="left" /></a> Friday is my busiest day. Most folks power down and go into weekend mode. Not here! Ask yourself, ‘why do I go down a gear on Friday?’, ‘How does this benefit my career?’ Ok, let’s be honest. We do this because others do it. Right? This is a high-risk way to manage your career. You&#8217;re letting others determine how you behave. And it damages your career in many, many ways. Here’s an alternative approach.</p>
<p><span id="more-4233"></span></p>
<h3>How to make Friday your busiest day and reap the rewards</h3>
<p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/lancearmstonggettingthingsdone1.jpg"><img style="margin: 0px 5px 0px 0px; display: inline; border-width: 0px;" title="lance-armstong-getting-things-done" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/lancearmstonggettingthingsdone_thumb1.jpg" border="0" alt="lance-armstong-getting-things-done" width="500" height="328" /></a></p>
<p><strong>7 Mistakes to avoid:</strong></p>
<ol>
<li>Don’t fill your day with low-impact tasks.</li>
<li>Don’t get pulled into fluffy things that you don’t really want to.</li>
<li>Don’t do project meetings when you know it will kill your whole morning.</li>
<li>Don’t go to long lunches.</li>
<li>Don’t leave early.</li>
<li>Don’t <strong>waste time studying analytics, trends, click-thrus</strong> etc… you know what they’ll say, don’t you?</li>
<li><strong>Not Saying NO enough</strong>.</li>
</ol>
<p>Do this instead.</p>
<p>You&#8217;ll get more success if you:</p>
<ol>
<li><strong>Plan with intention </strong>- Use Friday to plan the entire week ahead. Spend at least 2 hours on this. Planning is decision making. When you plan, you make decisions.</li>
<li><strong>Get Ready for Monday</strong> – planning on Friday lets you hit the ground running on Monday. See the difference? You&#8217;re already a step ahead of everyone else.</li>
<li><strong>Do Strategic Meetings Only</strong> &#8211; Book meetings with key contacts on Friday. Most will say Yes. They’re in down mode, so they&#8217;re easy to arrange.</li>
<li><strong>Find Like-minded people</strong> &#8211; Connect with people that have the same values as you. Look around the office and ask, ‘who’s killing time v who’s using it’. Link up with those doing it right.</li>
<li><strong>Do high impact tasks</strong> – disconnect from activities that suck the life out of you, your projects and your enjoyment in life.</li>
<li><strong>Share useful information</strong> – everyone wants ‘relevant’ information. Select the 5 pieces of useful information you’ve read during the week and circulate these.</li>
<li><strong>Authority</strong> &#8211; Establish yourself as someone who provides ‘useful’ and high value information not just cats doing ninja tricks.</li>
<li><strong>Stay late</strong> – when everyone is gone, you can get focused and do more work. Global clients will still be up. Call them. Chase them up. Your colleagues won’t. They’re gone, so now is your chance.</li>
</ol>
<p><strong>What’s going on here?</strong></p>
<p>It’s about behavior.</p>
<ul>
<li>It’s <strong>how others impact the way you behave and respond</strong>.</li>
<li>To succeed, in the way you want to succeed, you need to <strong>observe how others make you behave the way you do</strong>.</li>
<li>Admit it.</li>
<li>Put a plan in place to create your own blueprint for success.</li>
<li>Find ways to <strong>do this every day</strong>.</li>
<li>See where you fall down, where you can improve and <strong>what you&#8217;re doing right</strong>.</li>
<li>Keep at it.</li>
</ul>
<p>Success is like developing a muscle. You have to train it, assess it, and increase it. <strong>Luckily, there are no short-cuts</strong>. If you persist, you&#8217;ll succeed. You have to!</p>
<p><strong>What do you think?</strong></p>
<p>Do you plan to make Friday’s the busiest day? What would change if you did?</p>
<p><em>Photo Credit </em><a title="http://www.flickr.com/photos/puliarfanita/3296070443/" href="http://puliarfanita/3296070443/"><em>puliarfanita</em></a></p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/productivity/how-to-make-friday-your-busiest-day-and-reap-the-rewards/feed/</wfw:commentRss>
		<slash:comments>3</slash:comments>
		</item>
		<item>
		<title>How To Ensure Your Business Proposal Gets Accepted By Difficult Evaluators</title>
		<link>http://www.ivanwalsh.com/business-development/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators/</link>
		<comments>http://www.ivanwalsh.com/business-development/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators/#comments</comments>
		<pubDate>Fri, 19 Mar 2010 14:15:00 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Assessment]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Case Study]]></category>
		<category><![CDATA[conditions]]></category>
		<category><![CDATA[Costs]]></category>
		<category><![CDATA[EOI]]></category>
		<category><![CDATA[Evaluate]]></category>
		<category><![CDATA[Evaluator]]></category>
		<category><![CDATA[Grant]]></category>
		<category><![CDATA[Proposal]]></category>
		<category><![CDATA[Proposal Manager]]></category>
		<category><![CDATA[Requirement. Bid]]></category>
		<category><![CDATA[RFP]]></category>
		<category><![CDATA[Sample]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Terms]]></category>
		<category><![CDATA[Tips]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/business-development/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators/4220/</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/rejectedsmall_thumb.jpg" class="alignleft wp-post-image tfe" alt="rejected-small" title="rejected-small" /></a>What’s your success ratio with proposals? 25% is average. Very few get 50%. I help government agencies evaluate proposals. Most bids that come across my desk make the same errors, use the same flawed strategies and are never accepted. And the next time, they repeat the same mistake. Here are some ways to avoid this. It’s not painful, it just requires effort. ]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/rejectedsmall.jpg"><img style="margin: 0px 5px 0px 0px; display: inline; border-width: 0px;" title="rejected-small" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/rejectedsmall_thumb.jpg" border="0" alt="rejected-small" width="100" height="100" align="left" /></a> What’s your success ratio with proposals? 25% is average. Very few get 50%. I help government agencies evaluate proposals. Most bids that come across my desk make the same errors, use the same flawed strategies and are never accepted. And the next time, they repeat the same mistake. Here are some ways to avoid this. It’s not painful, it just requires effort.</p>
<p><span id="more-4220"></span></p>
<p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/rejected.jpg"><img style="margin: 0px auto; display: block; float: none; border-width: 0px;" title="rejected" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/rejected_thumb.jpg" border="0" alt="How To Ensure Your Proposal Gets Accepted By Difficult Evaluators" width="380" height="253" /></a></p>
<h3>What does a Proposal Evaluator Do?</h3>
<p>My job is to reject your proposal. I fail proposals if they <a href="http://www.klariti.com/templates/Functional-Requirements-Specification-Template.shtml" target="_blank">miss a requirement</a>, avoid a clause or get the figures wrong. We received 36 proposals for the last RFP. Some were over 300 pages. The less I have to review, the better.</p>
<p><strong>Tip</strong>: make sure the proposals are well-bound. We scribble all over them, book-marking pages, and adding comments. Don’t use cheap papers and poor ring-binders. If they fall apart, I’m not going to re-assemble your document.</p>
<ul>
<li>I eliminate proposals that don’t measure up. This means they fail on a technicality, are over budget, don’t agree to the deadline or have omitted to include some document.</li>
<li>Then I review what’s left and make a short list.</li>
<li>For me, <a href="http://www.klariti.com/proposal-writing/index.shtml" target="_blank">evaluating a proposal is a process of elimination</a>, not a process of selection. That happens later.</li>
<li>When you start your proposal, don’t focus on getting selected, instead WRITE A PROPOSAL THAT CANNOT BE ELIMINATED!</li>
</ul>
<p>Here&#8217;s how you can do this:</p>
<ul>
<li>Write your proposal so that the evaluator cannot reject it on a technicality.</li>
<li><strong>Respond to every requirement in the Request For Proposal (RFP)</strong>. This means you cannot be dis-qualified on the grounds that you were &#8220;non-responsive to the RFP.&#8221;</li>
<li>Identify the solution. If it’s a product, <a href="http://www.klariti.com/Proposal-Manager-Toolkit/" target="_blank">name it &amp; give the version number</a>.</li>
<li>Don’t be vague. State clearly how you will do this. If possible, describe the solution in a single sentience.</li>
<li>Demonstrate that you have provided this expertise in a <a href="http://www.klariti.com/templates/Project-Plan-Template.shtml" target="_blank">similar project</a>.</li>
<li><strong>Support you claims with <a href="http://www.klariti.com/case-study/" target="_blank">case studies</a>, white papers</strong> and other reports where you are given credit.</li>
<li>Provide pen portraits of your team. CVs go in the appendix.</li>
<li>List the benefits that your solution provides. <strong>Cross-reference these against the requirements</strong>. Itemize and prioritize each benefit.</li>
</ul>
<p>Remember, the evaluators are looking for ways to disqualify you.</p>
<ul>
<li>Check your proposal once, twice and three times.</li>
<li><strong>Each time check for a different weakness or error</strong>. For example, once for writing errors, then for flaws in the solution and finally in the costs. <a href="http://www.klariti.com/business-writing/TipsOnProposalPricing.shtml" target="_blank">You can make errors elsewhere but NEVER in the costs</a>.</li>
</ul>
<p><strong>Conclusion</strong></p>
<p>Write the proposal so that it cannot be <a href="http://www.klariti.com/expression-of-interest-template/" target="_blank">eliminated</a>.</p>
<p>Once you have this established, then drill-down into each requirements and respond from the perspective of the reader. Regardless of how good you think your proposal is, if you overlook a technicality, you&#8217;re out.</p>
<p>What have I missed? Let me know what you think below.</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/how-to-ensure-your-proposal-gets-accepted-by-difficult-evaluators/feed/</wfw:commentRss>
		<slash:comments>9</slash:comments>
		</item>
		<item>
		<title>5 Alternative Ways to Attain Money for Your Business</title>
		<link>http://www.ivanwalsh.com/business-development/5-alternative-raise-money-funds-grants-business-investors/</link>
		<comments>http://www.ivanwalsh.com/business-development/5-alternative-raise-money-funds-grants-business-investors/#comments</comments>
		<pubDate>Wed, 10 Mar 2010 05:40:00 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Alternative]]></category>
		<category><![CDATA[Bank]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Cash]]></category>
		<category><![CDATA[Factoring]]></category>
		<category><![CDATA[Grants]]></category>
		<category><![CDATA[Investors]]></category>
		<category><![CDATA[Invoice]]></category>
		<category><![CDATA[Loans]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[Venture Capital]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4140</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/5-alternative-raise-money-funds-grants-business-investors/"><img align="left" hspace="5" width="50" src="http://www.klariti.com/images/Shannon-Resource-Nation2.jpg" class="alignleft wp-post-image tfe" alt="" title="" /></a>Starting a business is stressful, we all know that, but did you know that small businesses make up around half of all U.S. private-sector workers, and have generated 64% of net new jobs over the past  15 years?  With new businesses popping up more and more, what are these current and new business owners doing to gain the capital backing they need?]]></description>
			<content:encoded><![CDATA[<p></p><p><img src="http://www.klariti.com/images/Shannon-Resource-Nation2.jpg" border="0" alt="" width="101" height="100" align="left" />Guest article by <em>Shannon Suetos from</em> <a href="http://www.resourcenation.com/"> <em>Resource Nation</em></a></p>
<p>Starting a business is stressful, we all know that, but did you  know that small businesses make up around half of all U.S. private-sector  workers, and have generated 64% of net new jobs over the past <a href="http://www.usatoday.com/money/smallbusiness/startup/week1-exploring-small-business-options.htm"> 15 years</a>?  With new businesses popping up more and more, what are these  current and new business owners doing to gain the capital backing they need?<span id="more-4140"></span></p>
<h3>5 Alternative Ways to Attain Money for Your Business</h3>
<p>The best thing to remember is to get creative.  Banks are not lending like  they used to, and businesses still need help from time to time.  It doesn’t  matter if you are starting your business, or are currently in business—finding  alternative ways to get some cash for your business is something every business  owner new and old should know about.</p>
<p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/03/silver-thaler-dollar.gif"><img class="size-full wp-image-4142 alignright" title="1711-silver-thaler-dollar" src="http://www.ivanwalsh.com/wp-content/uploads/2010/03/silver-thaler-dollar.gif" alt="" width="400" height="402" /></a>Below are 5 alternative ways to get money for your current or new business.</p>
<ol>
<li><strong>Business cash advance</strong>: Similar to a payday  	advance, these types of loans are much quicker to get than traditional bank  	loans. It is wise to note that these types of loans are more expensive than  	traditional loans, but they are becoming more popular. Business cash  	advances allow business owners to manage their cash flow easier and is a  	viable way to get money fast, but your company needs to accept credit cards  	in order to receive</li>
<li><strong>Factoring</strong>: Factoring can aid business owners by  	“selling” unpaid invoices to a factoring company in exchange for cash. Most  	factoring companies will buy your invoices for anywhere from 70-90 percent  	of the value of your unpaid invoices. After purchasing the unpaid invoice  	from you, the factoring company will reach the customer who is responsible  	for the unpaid invoice and collect the full amount owed.</li>
<li><strong>Grants</strong>: This is a good possibility, but wise to  	remember many people are now looking at grants who weren’t able to get bank  	loans. Many are finding this outlet harder to get, but it is still is an  	applicable option. Instead of looking at the federal level for grants, look  	to local authorities—this could be a better option for some. If you are a  	non-profit, there are grants specifically for you to look for as well.</li>
<li><strong>Venture Capital</strong>: Before contacting venture  	capitalists about financially backing your business, you should first draw  	up, or clean up your business plan. Have your goals clearly stated, and back  	everything up with statistical data to prove how you will be able to pay  	them back. There are groups out there that are willing to invest, it’s your  	job to find them and convince them you are worth their investment.</li>
<li><strong>Private Investors</strong>: A private investor is a great  	way to get financial backing for small businesses. If your business is  	geared toward a small niche audience, private investors who are also  	passionate about the same topic are more willing to give you a chance than a  	bank would. You can find private investors in many ways. One way is to  	search online. There are many sites out there to help you get connected with  	investors who are ready and willing to invest. Sites like prosper.com and  	findinvestors.com are just two of many. There are also agencies that can  	help you find a private investor as well.</li>
</ol>
<p>It doesn’t matter if you are starting a business  or need money for your current business, the main point here is to remember  banks are not your only option. Getting a little creative in your search for a  business loan can really pay off in the end, and it is wise to look at many  different options before committing to the one that is right for your company.</p>
<p><em>Shannon Suetos is a writer based in San Diego, California. She  writes extensively for </em> <a href="http://www.resourcenation.com/"> <em>Resource Nation</em></a><em>, an  online resource that provides expert advice on purchasing decisions and a  comparison service for everything from a </em> <a href="http://www.thedebtmanagementprogram.com/"> <em>debt management program</em></a><em> to </em> <a href="http://www.resourcenation.com/business/phone-systems"> <em> phone systems</em></a><em>.</em></p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/5-alternative-raise-money-funds-grants-business-investors/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>100 Words You Need To Speak Any Language even Chinese and Ancient Greek</title>
		<link>http://www.ivanwalsh.com/business-development/100-words-you-need-to-speak-any-language-even-chinese-and-ancient-greek/</link>
		<comments>http://www.ivanwalsh.com/business-development/100-words-you-need-to-speak-any-language-even-chinese-and-ancient-greek/#comments</comments>
		<pubDate>Thu, 25 Feb 2010 10:42:40 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Business Development]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Career]]></category>
		<category><![CDATA[Development]]></category>
		<category><![CDATA[education]]></category>
		<category><![CDATA[Innovation]]></category>
		<category><![CDATA[language]]></category>
		<category><![CDATA[Self-Confidence]]></category>
		<category><![CDATA[Strategy]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=4078</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-development/100-words-you-need-to-speak-any-language-even-chinese-and-ancient-greek/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/02/0398.jpg" class="alignleft wp-post-image tfe" alt="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" title="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" /></a>Did you ever wish you could speak French and read all those great novels? Or maybe Spanish, so you could travel to South America and have more than Buenos Dias? Or Arabic, Chinese, or Japanese.  Most of us never start. It’s too hard. But, if I told you that all you need is 100 words [...]]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/02/0398.jpg"><img class="size-full wp-image-4081  alignleft" title="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" src="http://www.ivanwalsh.com/wp-content/uploads/2010/02/0398.jpg" alt="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" width="70" height="70" /></a>Did you ever wish you could speak French and read all those great novels? Or maybe Spanish, so you could travel to South America and have more than Buenos Dias? Or Arabic, Chinese, or Japanese.  Most of us never start. It’s too hard. But, if I told you that all you need is 100 words and then you can get by – would you give it at try.<span id="more-4078"></span></p>
<h3>100 Words You Need To Speak Any Language</h3>
<p>Here are the 100 words. Try to learn 5 a day. By the end of the month, you&#8217;ll have 150.</p>
<p>Give yourself every opportunity to practice. For example, go to an Italian restaurants and practice with the waiter. Tell him you&#8217;re learning – most everyone will help.</p>
<p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/02/P1010085.jpg"><img class="size-full wp-image-4082 alignright" title="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" src="http://www.ivanwalsh.com/wp-content/uploads/2010/02/P1010085.jpg" alt="100 Words You Need To Speak Any Language Even Chinese &amp; Ancient Greek" width="400" height="400" /></a>1. A/an  2. After 3. Again 4. All 5. Almost</p>
<p>6. Also  7. Always  8. And  9. Because  10. Before</p>
<p>11. Big  12. But  13. (I) can  14. (I) come  15. Either/or</p>
<p>16. (I) find  17. First  18. For  19. Friend  20. From</p>
<p>21. (I) go  22. Good  23. Good-bye  24. Happy  25. (I) have</p>
<p>26. He  27. Hello  28. Here  29. How  30. I</p>
<p>31. (I) am  32. If  33. In  34. (I) know  35. Last</p>
<p>36. (I) like  37. Little  38. (I) love  39. (I) make  40. Many</p>
<p>41. One  42. More  43. Most  44. Much  45. My</p>
<p>46. New  47. No  48. Not  49. Now  50. Of</p>
<p>51. Often  52. On  53. One  54. Only  55. Or</p>
<p>56. Other  57. Our  58. Out  59. Over  60. People</p>
<p>61. Place  62. Please  63. Same  64. (I) see  65. She</p>
<p>66. So  67. Some  68. Sometimes  69. Still  70. Such</p>
<p>71. (I) tell  72. Thank you  73. That  74. The  75. Their</p>
<p>76. Them  77. Then  78. There is  79. They  80. Thing</p>
<p>81. (I) think  82. This  83. Time  84. To  85. Under</p>
<p>86. Up  87. Us  88. (I) use  89. Very  90. We</p>
<p>91. What  92. When  93. Where  94. Which  95. Who</p>
<p>96. Why  97. With  98. Yes  99. You  100. Your</p>
<p>There are many reasons to start learning aside from the business opportunities and personal gratification. I’ve started Chinese here in Beijing and am now&#8230; about 75% of the way there.</p>
<p>I can order a beer (critical), find a toilet (helpful) and get a taxi. All the small little things. Give it a try. See how far you get. You’d be surprised how easy it is once you start.</p>
<h3>What language do you most want to learn?</h3>
<p>And after that?</p>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-development/100-words-you-need-to-speak-any-language-even-chinese-and-ancient-greek/feed/</wfw:commentRss>
		<slash:comments>5</slash:comments>
		</item>
		<item>
		<title>The Dunning-Kruger Effect &amp; How To Fail Slowly</title>
		<link>http://www.ivanwalsh.com/business-strategy/strategy-how-to-fail-slowly/</link>
		<comments>http://www.ivanwalsh.com/business-strategy/strategy-how-to-fail-slowly/#comments</comments>
		<pubDate>Tue, 09 Feb 2010 09:00:29 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Chris Brogan]]></category>
		<category><![CDATA[Christopher S. Penn]]></category>
		<category><![CDATA[Dunning–Kruger effect]]></category>
		<category><![CDATA[Failure]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[Motivation]]></category>
		<category><![CDATA[Skills]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3990</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-strategy/strategy-how-to-fail-slowly/"><img align="left" hspace="5" width="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/02/chris-s-penn1.jpg" class="alignleft wp-post-image tfe" alt="Christopher S. Penn’s Awaken Your Superhero" title="Christopher S. Penn’s Awaken Your Superhero" /></a>Have you noticed this obsession with speed? Everyone is doing things, real fast. Even failure has to be fast. Fail fast is the new mantra. Christopher S. Penn takes up this point, ‘Ever done this? You see a traffic jam ahead, get off at the next exit, and spend 30 extra minutes on side and back roads to go around the jam… which in reality is only a 10 minute traffic jam? This is the dabbler. This is the person who fails too fast.’ Do you fail too fast?]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/02/chris-s-penn1.jpg"><img class="size-full wp-image-3994  alignleft" title="Christopher S. Penn’s Awaken Your Superhero" src="http://www.ivanwalsh.com/wp-content/uploads/2010/02/chris-s-penn1.jpg" alt="Christopher S. Penn’s Awaken Your Superhero" width="75" height="85" /></a>Have you noticed this obsession with speed? Everyone is  doing things, real fast. Even failure has to be fast. Fail fast is the new  mantra. Christopher S. Penn takes up this point, ‘Ever done this? You see a  traffic jam ahead, get off at the next exit, and spend 30 extra minutes on side  and back roads to go around the jam… which in reality is only a 10 minute  traffic jam? This is the dabbler. This is the person who fails too fast.’ Do you  fail too fast?<span id="more-3990"></span></p>
<h3>The Dunning-Kruger Effect</h3>
<p>Chris Penn discussed the <a href="http://www.christopherspenn.com/2010/02/08/the-danger-of-the-dabbler/">Dunning-Kruger effect</a> where:</p>
<ul>
<li>Incompetent people are so limited by their abilities  	and lack of competence that they don’t realize they’re incompetent.</li>
<li>Competent are the last to get the memo.</li>
<li>When it comes to goal-only perspectives&#8230; your lack of  	meta-cognitive awareness about your limitations means that if you give up  	all the time, if you abandon ship too fast, you will NEVER reach excellence.</li>
</ul>
<p>Do you see what he’s getting at?</p>
<h3>How To Fail Slowly</h3>
<p>Here’s my thoughts:</p>
<ul>
<li>Speed is sickness.</li>
<li>I lived in the US for eight years. I felt guilty if  	I wasn’t doing something, always on the go.</li>
<li>But some things can’t be rushed, like trust,  	friendship, and appreciation. You can’t enjoy Mozart in a rush.</li>
<li>Today I live in China. It’s just as busy. But, here’s  	the difference. The expectation here is that certain things have to be  	done slowly.</li>
<li>Ever been to a dinner with Chinese-business men? There’s a reason it lasts 4 or 5 hours. They want to  	see who really you are… after you’ve had a few drinks and loosened up.</li>
<li>Like another person said on  	<a href="http://www.chrisbrogan.com/pursue-the-goal-not-the-method/">Chris Brogan&#8217;s</a> site, the golden mean  	in everything, i.e. balance.</li>
</ul>
<p>Many people are driving 100 mph down an alleyway. Sometimes  it’s good to pause for a moment.</p>
<p>What do you think? Are we failing too fast?</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=910d3a02-4c92-4b3b-a6fb-d16e793a17be" alt="" /></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-strategy/strategy-how-to-fail-slowly/feed/</wfw:commentRss>
		<slash:comments>2</slash:comments>
		</item>
		<item>
		<title>12 Steps To Getting Started as a Business Consultant</title>
		<link>http://www.ivanwalsh.com/career/getting-started-business-consultant-tips/</link>
		<comments>http://www.ivanwalsh.com/career/getting-started-business-consultant-tips/#comments</comments>
		<pubDate>Wed, 27 Jan 2010 04:56:59 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Career]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Chris Brogan]]></category>
		<category><![CDATA[Consultant]]></category>
		<category><![CDATA[Harvard Business Review]]></category>
		<category><![CDATA[Linkedin]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[Management consulting]]></category>
		<category><![CDATA[Richard Branson]]></category>
		<category><![CDATA[Tom Peters]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3920</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/career/getting-started-business-consultant-tips/"><img align="left" hspace="5" width="50" height="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/01/richard-branson2-150x150.jpg" class="alignleft wp-post-image tfe" alt="richard branson" title="richard branson" /></a>Most people think it’s difficult start a career as a business consultant. I used to think the same in my early 20s when I started in IT. In retrospect, I should have made more efforts to establish myself as a consultant earlier; the benefits certainly outweigh the downsides. As luck would have it, I was forced into a consultancy role when I lost my 9-5 job. Time to learn to hustling and bring in business.]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/01/richard-branson2.jpg"><img class="size-full wp-image-3921  alignleft" title="richard branson" src="http://www.ivanwalsh.com/wp-content/uploads/2010/01/richard-branson2.jpg" alt="richard branson" width="200" height="200" /></a>Most people think it’s difficult start a career as a business consultant. I used to think the same in my early 20s when I started in IT.</p>
<p>In retrospect, I should have made more efforts to establish myself as a consultant earlier; the benefits certainly outweigh the downsides. As luck would have it, I was forced into a consultancy role when I lost my 9-5 job. Time to learn to hustling and bring in business. Harvard Business Review refers to it as The Hustle Strategy. More on that later.<span id="more-3920"></span></p>
<h3>3 Types of Business Consultant</h3>
<p>Before we start, there are 3 types of consultants:<br />
<img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=klaritiwritin-20&amp;l=as2&amp;o=1&amp;a=0753511495" border="0" alt="" width="1" height="1" /></p>
<ol>
<li><strong>Academic</strong> — those with academic achievements, e.g. PhDs, who are brought in to solve/explore/test problems. Their skills match the problem at hand. So you have it or you don’t.</li>
<li><strong>Management</strong> — those with senior management skills, such as in M&amp;A, legal, international business development and</li>
<li><strong>Solutions</strong> — this includes the broad spectrum of 9-workers who’ve ‘repositioned’ their skills, want to work for themselves and/or have others working for them. This, I assume, it where you fit in. It’s where most consultants start out.</li>
</ol>
<h3>How to get started as a Business Consultant</h3>
<p>The next question is: how do I get started? Here’s one way of approaching it.</p>
<ol>
<li><strong>Focus</strong> — identify your top 3 skills (not technologies). Be honest. If someone put a gun to your head and said “what are the three things you do best?”, then you’d say ”what I do best is…”</li>
<li><strong>How do you see yourself</strong> — write a pen portrait (100 words max) of how you see yourself. So, if you were introducing yourself person to someone at a conference, you’d say “Hi, this is Amanda she,….” Remember, focus on the benefits you offer, not the tools. Tip &#8211; Start to visualize the person/consultant you want to become.</li>
<li><a href="http://www.amazon.com/gp/product/0753511495?ie=UTF8&amp;tag=klaritiwritin-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0753511495"><img class="alignright" src="http://ecx.images-amazon.com/images/I/51at0NjfUNL._SL500_AA240_.jpg" border="0" alt="" /></a><strong>Role Models</strong> — identify 3 business leaders and use them as role models. For me, Richard Branson is a good example, for you it might be someone else. Read everything about these people, soak up how they made it. It’s not in the words of their bio – but the energy, the drive they had. Having a role model gives you a frame of reference, something to use as a compass/anchor.</li>
<li><strong>Meet</strong> <strong>and</strong> <strong>Greet</strong> — Contact 10 people who are in a similar position as yourself. Meet up, for example, on a Saturday afternoon and see how you can help each other. Remember, you’re looking to link up with people for the long haul. Ignore the tire-kickers. Find 1 or 2 decent people that you trust and keep connecting with them.</li>
<li><strong>Be the Glue</strong> — Define one common goal with these folks and make it happen. For example, aim to run an event, workshop, training course (whatever) by a specific date. You have to have targets, otherwise nothing will happen. It will just be talking shop.</li>
<li><strong>Action Plan</strong> — doesn’t need to be fancy. <a href="http://www.klariti.com/action-plan-template/" target="_blank">List what needs to be done, assign names, and dates</a>.</li>
<li><strong>Examine your USP</strong> – I know this sounds lame but you have to differentiate yourself from the competition. This is the key. If you become ‘that guy’ who does, for example, Facebook training, Social Media business communications, Proposal development for biotechnology or whatever, then laser focus on this. Your aim is to dominate this one area. You have to become ‘that guy’.</li>
<li><strong>Promotion</strong> — once you’ve all your ducks lined up, start getting the message out. Write guest articles in blogs, contribute to events, share information on LinkedIn, send free White Papers to people in your target market – do whatever it takes to promote yourself (and your colleagues) so that you become you become ‘that girl’. Girls, when I say ‘that guy’ I mean both guys and girls. You know that, right?</li>
<li><strong>Personal branding</strong> – get your site, business cards, sharp suit etc in place. People still judge on appearances. If you look successful…</li>
<li><strong>Network</strong> — Look for places to get out and meet people. People do business with people they meet. Again, it doesn’t have to be fancy. Find fast ways to meet up and find out where it’s happening. Tip – if you&#8217;re a single mom, link up with other parents who want to run their own business and take turns minding each other’s kids:  that way you both get one night a week to get out there and network.</li>
<li><strong>Stick to the plan</strong> — If you keep this up for 3 months, you&#8217;ll change your perception of who you are and also by meeting people, you&#8217;ll learn new things. While the web is great, the human touch is what counts.</li>
<li><strong>Follow the leader</strong> — <a href="http://www.ivanwalsh.com/2010/01/5-ways-to-differentiate-yourself-generate-new-income-streams/">Tom Peters</a>, Chris Brogan, Richard Branson, ‘Rich Dad, Poor Dad’ have all helped me in different ways.</li>
</ol>
<p>Chris Brogan made a very interesting observation recently when he said that he tries to be there ‘before the fire starts’. What he meant was that everyone wants to help (i.e. sell you something) when things go wrong but it’s the people you know before it happened that count. I bet there you’ve been in that similar situation yourself. It’s the people you already know that you trust.</p>
<p>One last thing – the harder you try, the luckier you get. Take it one step at a time. Remember the turtle and the hare. Use everyday opportunities as ways to close the gap between where you are and where you want to go.</p>
<p><strong>PS</strong>: Started to read this. Impressed so far. <a href="http://www.amazon.com/gp/product/0470743085?ie=UTF8&amp;tag=klaritiwritin-20&amp;linkCode=as2&amp;camp=1789&amp;creative=390957&amp;creativeASIN=0470743085">Trust Agents: Using the Web to Build Influence, Improve Reputation, and Earn Trust</a><img style="border: none !important; margin: 0px !important;" src="http://www.assoc-amazon.com/e/ir?t=klaritiwritin-20&amp;l=as2&amp;o=1&amp;a=0470743085" border="0" alt="" width="1" height="1" /></p>
<p><strong>What’s your first step?</strong></p>
<p>What advice would you give to those who want to start as a Business Consultant? What’s the one mistake they must avoid? What’s the best tip you ever got on starting your own business?</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=b9b2db96-032e-4136-8d7a-2df6a846eb0f" alt="" /></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/career/getting-started-business-consultant-tips/feed/</wfw:commentRss>
		<slash:comments>4</slash:comments>
		</item>
		<item>
		<title>7 Tips for Business Trips to Shanghai</title>
		<link>http://www.ivanwalsh.com/business-planning-tips/7-tips-for-business-trips-to-shanghai/</link>
		<comments>http://www.ivanwalsh.com/business-planning-tips/7-tips-for-business-trips-to-shanghai/#comments</comments>
		<pubDate>Fri, 22 Jan 2010 02:42:32 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Tips]]></category>
		<category><![CDATA[Add new tag]]></category>
		<category><![CDATA[Best Buy]]></category>
		<category><![CDATA[Bund]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[Hong Kong]]></category>
		<category><![CDATA[Pudong]]></category>
		<category><![CDATA[Shanghai]]></category>
		<category><![CDATA[Trips]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3857</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/business-planning-tips/7-tips-for-business-trips-to-shanghai/"><img align="left" hspace="5" width="50" height="50" src="http://www.ivanwalsh.com/wp-content/uploads/2010/01/038-150x150.jpg" class="alignleft wp-post-image tfe" alt="Tips for Doing Business in China" title="Tips for Doing Business in China" /></a>Planning on doing business in China? Doing business in China is not the same as wherever you’re from. If you keep comparing China to your country, however wonderful it is, you won’t enjoy China very much. Take it on its own terms. ]]></description>
			<content:encoded><![CDATA[<p></p><p><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/01/038.jpg"><img class="size-full wp-image-3913  alignleft" title="Tips for Doing Business in China" src="http://www.ivanwalsh.com/wp-content/uploads/2010/01/038.jpg" alt="Tips for Doing Business in China" width="200" height="150" /></a>Planning on doing business in China?  Doing business in China is not the same as wherever you’re from. If you keep  comparing China to your country, however wonderful it is, you won’t enjoy China  very much. Take it on its own terms. Here are some tips for doing business in  Shanghai.<span id="more-3857"></span></p>
<h3>7 Tips for Business Trips to Shanghai</h3>
<p>Here are some tips for doing business in  Shanghai.</p>
<p><strong> </strong></p>
<div id="attachment_3858" class="wp-caption alignright" style="width: 300px">
	<strong><strong><a href="http://www.ivanwalsh.com/wp-content/uploads/2010/01/macdonaldsshanghai.jpg"><img class="size-full wp-image-3858" title="Macdonalds Shanghai" src="http://www.ivanwalsh.com/wp-content/uploads/2010/01/macdonaldsshanghai.jpg" alt="Macdonalds Shanghai" width="300" height="300" /></a></strong></strong>
	<p class="wp-caption-text">Macdonalds Shanghai</p>
</div>
<p><strong>1. Be punctual</strong> – Shanghai people  are known for their punctuality, so they’ll expect the same for you. While this  is not true in most of Asia, here is to be observed. Try to arrive 10 minutes  early.</p>
<p><strong>2. Stay in Pudong</strong> – this is to  east side of Shanghai and is where most of the high-tech business and government  buildings are located. PuXi is the older, more traditional side of Shanghai. So,  unless you have business on the west side of the river, stay over here.</p>
<p><strong>Tip</strong> – you can take a fantastic  underwater train from PuDong to PuXi for around 5 USD. It is an amazing trip  with a wonderful light show. You will see ads for it along the Bund.</p>
<p><strong>3. Take care on the Bund</strong> – avoid  people who come up to you looking for assistance (you&#8217;re the tourist right?) or  who want to take their photo with you. I know this sounds flattering but it’s  just a ruse. Be careful.</p>
<p><strong>4. Business-men Smoke</strong> – unlike  other countries, many people still smoke in business environments, though it is  getting phased out. If you arrange a meeting with a Chinese businessman, don’t  take him to a Western restaurant/hotel where he can’t smoke. Find somewhere that  he is more comfortable in. otherwise the deal is off before you start.</p>
<p>See also: <a href="../2009/04/south-korea-beckons-global-awareness-and-cultural-sensitivity-strategies-for-western-technical-communicators/">Global  Awareness and Cultural Sensitivity Strategies for Western Technical  Communicators</a></p>
<p><strong>5. Xrays in the Metro</strong> – most all  metro stations have xray machines to check luggage. Just be careful that your  laptop is not damaged going through or that your film etc gets ruined. It’s  unlikely but be careful.</p>
<p><strong>6. Wifi</strong> – you can get wifi in  many coffee shops, especially near Pudong, but you often have to ask for the  password to access the network.</p>
<p><strong>7. Travel Card</strong> – if you&#8217;re  staying for more than a week, get a network card. You can use this on the metro,  bus and in most taxis. This means you have to carry less cash with you and spend  less time standing in queues.</p>
<p><strong>8. Metro City</strong> – this is the <a href="../2009/07/chinese-online-payment-platform-alipay-com-goes-global/"> IT shopping centre</a> (PuXi) and has Best Buy and other western shops on the  same street.</p>
<p><strong>9. Learn to Haggle</strong> – in most of  Asia, it’s expected to do some haggling so don’t take it personal. If they ask  for 100, I offer 30. They look horrified, we haggle a bit, and finally settle on  about 60.</p>
<p><strong>10. Chop sticks</strong> – unless you&#8217;re  staying at the Hyatt etc, learn to use chop-sticks. Most places don’t have  knives and forks. It takes 30 min to learn how to use chopsticks. Ask a local;  practise with peanuts. It’s the only way.</p>
<p><strong>11. Expo 2010</strong> – road works are  everywhere, so try to stay away from the Bund (PuXi side especially) as this is  under heavy re-development.</p>
<p>Remember Shanghai is not Beijing and  Beijing is not Hong Kong…</p>
<p>What have I missed?</p>
<p>If you&#8217;re traveling to Shanghai soon  and have a question, add it below.</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=1cff793f-e3e1-42ca-9555-987a9acccaf4" alt="" /></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/business-planning-tips/7-tips-for-business-trips-to-shanghai/feed/</wfw:commentRss>
		<slash:comments>1</slash:comments>
		</item>
		<item>
		<title>Do Business Leaders Need to Write Well to Succeed?</title>
		<link>http://www.ivanwalsh.com/how-to/do-business-leaders-need-to-write-well-to-succeed/</link>
		<comments>http://www.ivanwalsh.com/how-to/do-business-leaders-need-to-write-well-to-succeed/#comments</comments>
		<pubDate>Tue, 24 Nov 2009 06:48:22 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[communication]]></category>
		<category><![CDATA[Fortune 500]]></category>
		<category><![CDATA[Leadership]]></category>
		<category><![CDATA[management]]></category>
		<category><![CDATA[Warren Buffett]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3797</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/do-business-leaders-need-to-write-well-to-succeed/"><img align="left" hspace="5" width="50" height="50" src="http://www.ivanwalsh.com/wp-content/uploads/2009/11/world-leaders-as-pandas-150x150.gif" class="alignleft wp-post-image tfe" alt="world-leaders-as-pandas" title="world-leaders-as-pandas" /></a>Thom Haller asks on TCW if ‘to be an effective leader, you need to learn how to write well’. Do You Need to Write Well to Succeed? Here’s how I see it. If you can communicate clearly, then there is a greater chance that people will understand what you want to them. They ‘may’ trust [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Thom Haller asks on <a href="http://thecontentwrangler.ning.com/forum/topics/question-leadership" target="_blank">TCW </a>if ‘to be an effective leader, you need to learn how to write well’.<span id="more-3797"></span></p>
<h3><a href="http://www.ivanwalsh.com/2009/11/do-business-leaders-need-to-write-well-to-succeed/">Do You Need to Write Well to Succeed?</a></h3>
<p><img class="alignleft size-full wp-image-3801" title="world-leaders-as-pandas" src="http://www.ivanwalsh.com/wp-content/uploads/2009/11/world-leaders-as-pandas.gif" alt="world-leaders-as-pandas" width="368" height="255" />Here’s how I see it.</p>
<p>If you can communicate clearly, then there is a greater chance that people will understand what you want to them.</p>
<p>They ‘may’ trust you more – I don’t know.</p>
<p>I worked in Fortune 500 companies, as I&#8217;m sure you folks did, but I didn’t necessarily trust the people or the wisdom of their strategies.</p>
<p>But I know what they expected of me and my team—so we did it.</p>
<p>The failing of most senior managers tend to be:</p>
<ol>
<li>Mixed messages</li>
<li>Lack of ownership, and</li>
<li>Political correctness.</li>
</ol>
<p>Some have these forced upon them, (i.e. social pressures) while for others it’s just a habit.</p>
<p>Warren Buffet’s annual reports, which are posted on the Berkshire site, are worth looking at.</p>
<p>Simple, easy to read, no waffle.</p>
<p><strong>UPDATE:</strong></p>
<p>Thom asked if I could give some examples.</p>
<p>The last company I worked for brought in a new CEO as we needed to turn things around fast.</p>
<p>Here’s what he did (among other things):</p>
<ul>
<li>Every communication you send has the move the task towards completion. In other words, communications (emails, reports, speeches) are to push the task to the next step/person/activity.</li>
<li>If what you say/do slows the process or (as was the case with my line mgr) obscures what’s happening the he (as the main firefighter) can see what’s going on.</li>
<li>Specifically he told us to:</li>
<li>keep team mtgs to less than 20 min – if you can’t solve it by then, escalate. Most people will find a way to find resolution rather than escalate and look incompetent.</li>
<li>keep one-2-one mtgs to 5 min – e.g. the pm mon mtg with head of dev. All you want to know is a) is it on track 2) can you fix it 3) when will it be fixed. The pms started to interview the team leads for 5 min. in and out. No messing around.</li>
<li>Make the tech docs shorter. He wanted thin docs. No fluff. He personally reviewed all tech docs. We had his permission to cut out the waffle.</li>
<li>Use traffic head lights on all status reports, e.g. red for critical etc.</li>
<li>Status reports were printed out and put on the wall, i.e. everyone saw if your project was on/off schedule.</li>
</ul>
<ul>
<li>Forbid us to use TLAs. Everything had to be worked correctly. Why? TLAs (to him) were short-hand for laziness. This drove people mad but he pushed it repeatedly.</li>
</ul>
<p>His emails were a series of action points. E.g.</p>
<p>1. Ivan Walsh – tech docs – fri – status</p>
<p>There was no chitchat.</p>
<p>The combination of all this was that people were more direct, immediate and effective. It was a combined effort but it had a v positive effect on the workplace.</p>
<p>After a few months, it felt like we were communicating better.</p>
<p>Also, he praised people who got it right.</p>
<p>You can read the rest of this discussion on <a href="http://thecontentwrangler.ning.com/forum/topics/question-leadership?page=1&amp;commentId=2008157%3AComment%3A48900&amp;x=1#2008157Comment48900#ixzz0XoPo0Zwk">The Content Wrangler</a></p>
<p>What do you think?</p>
<p>Does your team lead, line manager or CEO really need to know how to write well?</p>
<p>Can you give an example of how you&#8217;ve seen this work or fail in your organization?</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=b028b763-9107-4c62-ab2b-7c0d4ee679e8" alt="" /></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/do-business-leaders-need-to-write-well-to-succeed/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why do you need to develop a Capacity Plan?</title>
		<link>http://www.ivanwalsh.com/how-to/why-do-you-need-to-develop-a-capacity-plan/</link>
		<comments>http://www.ivanwalsh.com/how-to/why-do-you-need-to-develop-a-capacity-plan/#comments</comments>
		<pubDate>Tue, 03 Nov 2009 17:54:32 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Bandwidth Requirements]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Capacity Management]]></category>
		<category><![CDATA[Capacity Plan]]></category>
		<category><![CDATA[Capacity Planning]]></category>
		<category><![CDATA[Disk Capacity]]></category>
		<category><![CDATA[Help Desk]]></category>
		<category><![CDATA[ibm]]></category>
		<category><![CDATA[IBM WebSphere]]></category>
		<category><![CDATA[Information technology]]></category>
		<category><![CDATA[Infrastructure]]></category>
		<category><![CDATA[Memory Requirements]]></category>
		<category><![CDATA[Network Capacity]]></category>
		<category><![CDATA[Processing Capacity]]></category>
		<category><![CDATA[Processing Requirements]]></category>
		<category><![CDATA[Production Environment]]></category>
		<category><![CDATA[requirements]]></category>
		<category><![CDATA[Resource Capacity]]></category>
		<category><![CDATA[SAP]]></category>
		<category><![CDATA[Server Capacity]]></category>
		<category><![CDATA[Service Capacity]]></category>
		<category><![CDATA[template]]></category>
		<category><![CDATA[Volume Requirements]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3559</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/why-do-you-need-to-develop-a-capacity-plan/"><img align="left" hspace="5" width="50" src="http://img.zemanta.com/pixy.gif?x-id=c33d7592-ebcd-40e7-9cb9-4ef4b5fec1a0" class="alignleft wp-post-image tfe" alt="" title="" /></a>Developing a Capacity Plan is vital if you want to understand how much capacity will be required to support your IT systems and, by extension, the infrastructure that supports it. Think about it. If you plan to install a new large-scale solution, for example, IBM WebSphere or SAP, you also need to consider the impact [...]]]></description>
			<content:encoded><![CDATA[<p></p><p>Developing a<a href="http://www.klariti.com/Capacity-Plan-Template/" target="_blank"> Capacity Plan is vital</a> if you want to understand how much capacity will be required to support your IT systems and, by extension, the infrastructure that supports it.</p>
<p>Think about it.</p>
<p>If you plan to install a new large-scale solution, for example, IBM WebSphere or SAP, you also need to consider the impact these will have on your existing systems.<span id="more-3559"></span></p>
<p><strong>1. Capacity Planning &amp; Outsourcing</strong></p>
<p>Another area where Capacity Plan is vital is outsourcing. Say you plan to outsource your Help Desk to a third party firm.</p>
<p>Well, for them to support the system technically (not from a business perspective) they need to prepare a Capacity Plan that details the technical requirements to support this solution.</p>
<p><strong>2. Developing a Capacity Plan strategy</strong></p>
<ul>
<li>Assess the current solution and component performance</li>
<li>Identify constraints that may be imposed on the system</li>
<li>Use this information to develop the Capacity Plan for component acquisition, configuration, and upgrade.</li>
<li>Make recommendations on how the Capacity Plan should be maintained, monitored and updated as necessary.</li>
</ul>
<p><strong>3. Benefits of a Capacity Plan</strong></p>
<p>Developing a Capacity Plan ensures that business and technical requirements can be supported by the infrastructure and application elements of the new solution. In this case, the Help Desk or the IBM back office solution.</p>
<p><strong>4. Management Guidance</strong></p>
<p>The Capacity Plan provides management with:</p>
<ul>
<li>Breakdown of the resource capabilities required to operate the solution</li>
<li>Assessment of current capacities</li>
<li>Estimates on the resources and services to be upgraded and acquired</li>
<li>Projection of resource and services capacities that may be required by the solution</li>
<li>Capacity Planning ensures that there is sufficient processing capacity to run these new applications and for some predetermined time into the future as your business expands.</li>
</ul>
<p>A <a href="http://www.klariti.com/Capacity-Plan-Template/" target="_blank">well-defined Capacity Plan takes into consideration the likelihood that your business will grow</a> and provides the appropriate estimates so you can develop the systems in line with these projection and also budget accordingly.</p>
<p><strong>5. Capacity Plan Risks</strong></p>
<p>If your company runs out of system processing capacity at some point (for example, due to increased user numbers, higher business volumes), the system’s performance will begin to suffer and you may be faced to upgrade the system (and associated applications) or move to a different more powerful system/server to process these applications.</p>
<p>To ensure that these applications can process the application load at cutover, and for some period of time following this, develop and check your capacity plan.</p>
<p><strong>Capacity Plan Template</strong></p>
<p>The method and results of this study should then be captured in the <a href="http://www.klariti.com/Capacity-Plan-Template/" target="_blank">Capacity Plan document</a>.</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=c33d7592-ebcd-40e7-9cb9-4ef4b5fec1a0" alt="" /></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/why-do-you-need-to-develop-a-capacity-plan/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What Your Website Can Learn From Starbucks</title>
		<link>http://www.ivanwalsh.com/how-to/what-your-website-can-learn-from-starbucks/</link>
		<comments>http://www.ivanwalsh.com/how-to/what-your-website-can-learn-from-starbucks/#comments</comments>
		<pubDate>Tue, 27 Oct 2009 00:23:34 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Hardware]]></category>
		<category><![CDATA[ibm]]></category>
		<category><![CDATA[Jim Donald]]></category>
		<category><![CDATA[Lenovo]]></category>
		<category><![CDATA[Notebooks and Laptops]]></category>
		<category><![CDATA[Starbucks]]></category>
		<category><![CDATA[ThinkPad]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3543</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/what-your-website-can-learn-from-starbucks/"><img align="left" hspace="5" width="50" src="http://upload.wikimedia.org/wikipedia/en/thumb/3/35/Starbucks_Coffee_Logo.svg/200px-Starbucks_Coffee_Logo.svg.png" class="alignleft wp-post-image tfe" alt="Starbucks logo" title="Starbucks logo" /></a>Image via Wikipedia By Gerry McGovern Like all great self-service organizations, Starbucks knows that you should never keep the customer waiting. The July 2006 like-for-like sales for Starbucks were lower than expected. This was rare for such a high performance company and resulted in an 11 percent decline in the share price after the news [...]]]></description>
			<content:encoded><![CDATA[<p></p><div class="zemanta-img" style="margin: 1em; display: block;">
<div>
<dl class="wp-caption alignleft" style="width: 103px;">
<dt class="wp-caption-dt"><a href="http://en.wikipedia.org/wiki/Image:Starbucks_Coffee_Logo.svg"><img title="Starbucks logo" src="http://upload.wikimedia.org/wikipedia/en/thumb/3/35/Starbucks_Coffee_Logo.svg/200px-Starbucks_Coffee_Logo.svg.png" alt="Starbucks logo" width="93" height="93" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://en.wikipedia.org/wiki/Image:Starbucks_Coffee_Logo.svg">Wikipedia</a></dd>
</dl>
</div>
</div>
<p>By Gerry McGovern</p>
<p>Like all great self-service organizations, Starbucks knows that you should never keep the customer waiting.</p>
<p>The July 2006 like-for-like sales for Starbucks were lower than expected. This was rare for such a high performance company and resulted in an <strong>11 percent decline in the share price after the news was announced</strong>.</p>
<p>According to Starbucks&#8217; chief executive, Jim Donald, the reason why sales had not met expectations was because Starbucks was keeping its customers waiting too long. &#8220;We believe we are losing some espresso business due to longer than normal wait times in both cafes and drive-thrus during peak morning hours,&#8221; he stated.<span id="more-3543"></span></p>
<p><strong>And what caused this delay? Iced frappuccinos and other cold drinks.</strong></p>
<p>&#8220;Customers are embracing these cold blended beverages as a morning staple to a degree that we had not anticipated,&#8221; Jim Donald stated. &#8220;We have recognized the opportunity to refine and improve our cold beverage station to make drink preparation more efficient and improve service over time but, in retrospect, we did not move aggressively enough.&#8221;</p>
<p>People are impatient.</p>
<p>They don&#8217;t want to have to wait a second longer than they absolutely have to. That is particularly so when they enter a self-service environment, because a key promise of self-service is that if you do it for yourself you&#8217;ll be able to do it faster.</p>
<p>You&#8217;re walking down the street. You&#8217;re hungry and thirsty. You approach two restaurants. One has a nice menu but it&#8217;s waiter-service. The other is self-service. It&#8217;s a decision between time, thirst, and taste. You choose self-service. You walk in and you wait.</p>
<p>There is a clock ticking fast in your head. You absolutely expect to be in and out of this place quickly. Because that&#8217;s what self-service is about and that&#8217;s what your website is about. A website that wastes time loses money.</p>
<p>People may like Starbucks but they hate to wait one second longer than they absolutely have to. A long queue is lost sales.</p>
<p><strong>Self-service is forever married to convenience and speed.</strong></p>
<p>The purpose of usability is to save the customer time. It took longer for Starbucks to prepare cold drinks than hot drinks.</p>
<p>Customers lost patience. Starbucks lost profits. A fast, convenient website gains customers. A poorly designed website loses customers.</p>
<p>I want to buy a new laptop. I used to buy IBM ThinkPads and was really happy with them. Lenovo took over the ThinkPad range.</p>
<p>Last year I went to the Lenovo website.<strong> I was a loyal customer.</strong></p>
<p>I wanted to buy from them. The website was awful. I went to a competitor.</p>
<p>This year I read really great reviews of the ThinkPad T60 and X60. I go back to the Lenovo Ireland website. There&#8217;s a graphic on the homepage that has a picture of two laptops, with the heading: &#8220;The power of 2 in 1&#8243;. I click on the image. <strong>This website is soooo slow.</strong></p>
<p>Finally, I arrive at a webpage with the heading: &#8220;Lenovo care&#8221;, which has nothing to do with selling me a laptop. I want to buy from Lenovo, but this website is making it really hard for me.</p>
<p>Starbucks knows-at a most senior management level-that in a convenience society, convenience is king. How long will it take other senior managers to realize that their websites have a direct impact on their organization&#8217;s performance?</p>
<p><strong>About Gerry McGovern</strong></p>
<p>Contact Gerry to develop your next Content Management Solutions at <a href="http://www.gerrymcgovern.com/">www.gerrymcgovern.com</a></p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=d1f21029-7409-4770-97cf-94307ae808d3" alt="" /><span class="zem-script pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/what-your-website-can-learn-from-starbucks/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Aweber Test Results: How Long Should Your From Line Be?</title>
		<link>http://www.ivanwalsh.com/how-to/aweber-test-results-how-long-should-your-from-line-be/</link>
		<comments>http://www.ivanwalsh.com/how-to/aweber-test-results-how-long-should-your-from-line-be/#comments</comments>
		<pubDate>Sun, 25 Oct 2009 03:12:38 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[E-mail]]></category>
		<category><![CDATA[E-mail client]]></category>
		<category><![CDATA[Hotmail]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Marketing and Advertising]]></category>
		<category><![CDATA[Mozilla Thunderbird]]></category>
		<category><![CDATA[Webmail]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3536</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/aweber-test-results-how-long-should-your-from-line-be/"><img align="left" hspace="5" width="50" src="http://upload.wikimedia.org/wikipedia/commons/thumb/d/de/Closeup_of_pixels.JPG/300px-Closeup_of_pixels.JPG" class="alignleft wp-post-image tfe" alt="A closeup of pixels." title="A closeup of pixels." /></a>Image via Wikipedia Justin Premick, Aweber, has the results of an experiment to determine the optimum length for the From line in emails. For those involve in writing, content development and web marketing, the results are interesting. Typically length is a concern that comes up when discussing subject lines – how many characters you can [...]]]></description>
			<content:encoded><![CDATA[<p></p><div class="zemanta-img" style="margin: 1em; display: block;">
<div>
<dl class="wp-caption alignleft" style="width: 129px;">
<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:Closeup_of_pixels.JPG"><img title="A closeup of pixels." src="http://upload.wikimedia.org/wikipedia/commons/thumb/d/de/Closeup_of_pixels.JPG/300px-Closeup_of_pixels.JPG" alt="A closeup of pixels." width="119" height="124" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://commons.wikipedia.org/wiki/Image:Closeup_of_pixels.JPG">Wikipedia</a></dd>
</dl>
</div>
</div>
<p>Justin Premick, Aweber, has the results of an experiment to determine the optimum length for the From line in emails. For those involve in writing, content development and web marketing, the results are interesting.<span id="more-3536"></span></p>
<p>Typically length is a concern that comes up when discussing subject lines – how many characters you can fit in a subject before your subscribers’ email programs cut it off.</p>
<p>But the same thing applies to your “from” line; if it’s too long, subscribers won’t be able to read all of it while viewing their list of emails.</p>
<p><strong>Observations</strong></p>
<ul>
<li>In most webmail programs, it didn’t matter what operating system you were on.</li>
<li>Hotmail was the exception in that it cuts off the “from” line a couple characters earlier if you’re on a Mac.</li>
<li>Where the width of the “Sender” column could be adjusted (notably Mozilla Thunderbird), I used the default width. Users can obviously change this and so there’s no way to guarantee that the results of this test will hold true for every user.</li>
<li>Email clients don’t all necessarily look at character counts for the cutoff; some may cut off after a certain number of pixels.</li>
<li>Individual recipients may set different settings that cause more or fewer characters to appear in the space provided.</li>
</ul>
<p>You can read more details of these results at:<a href="http://www.aweber.com/blog/email-marketing/from-line-length.htm?utm_source=AW&amp;utm_medium=email&amp;utm_content=BL091014&amp;utm_campaign=BU&amp;awt_l=N.8nd&amp;awt_m=K9ZR0QDF8eA"> http://www.aweber.com</a></p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=0292d44f-f9b9-4d9e-99d4-6ccbd247b104" alt="" /><span class="zem-script pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/aweber-test-results-how-long-should-your-from-line-be/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>What is the &#8216;search, compare, verify&#8217; generation?</title>
		<link>http://www.ivanwalsh.com/productivity/what-is-the-search-compare-verify-generation/</link>
		<comments>http://www.ivanwalsh.com/productivity/what-is-the-search-compare-verify-generation/#comments</comments>
		<pubDate>Sun, 25 Oct 2009 02:43:25 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[Productivity]]></category>
		<category><![CDATA[Advertising]]></category>
		<category><![CDATA[Battery]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Consumer]]></category>
		<category><![CDATA[content management]]></category>
		<category><![CDATA[Customer service]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Mobile Phone]]></category>
		<category><![CDATA[Strategy]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[user interface]]></category>
		<category><![CDATA[Vodafone]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3534</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/productivity/what-is-the-search-compare-verify-generation/"><img align="left" hspace="5" width="50" src="http://upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Cocacola-5cents-1900_edit1.jpg/300px-Cocacola-5cents-1900_edit1.jpg" class="alignleft wp-post-image tfe" alt="&quot;Drink Coca-Cola 5¢&quot;, an 1890s adver..." title="&quot;Drink Coca-Cola 5¢&quot;, an 1890s adver..." /></a>Image via Wikipedia Gerry Mcgovern Success on the Web is not about making customers do what you want. It is about helping customers do what they want. My Lenovo laptop has great battery life. The battery lasts for 650 thousand million years if I don&#8217;t turn it on, and for 65 thousand million years if [...]]]></description>
			<content:encoded><![CDATA[<p></p><div class="zemanta-img" style="margin: 1em; display: block;">
<div>
<dl class="wp-caption alignleft" style="width: 129px;">
<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:Cocacola-5cents-1900_edit1.jpg"><img title="&quot;Drink Coca-Cola 5¢&quot;, an 1890s adver..." src="http://upload.wikimedia.org/wikipedia/commons/thumb/8/8c/Cocacola-5cents-1900_edit1.jpg/300px-Cocacola-5cents-1900_edit1.jpg" alt="&quot;Drink Coca-Cola 5¢&quot;, an 1890s adver..." width="119" height="164" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://commons.wikipedia.org/wiki/Image:Cocacola-5cents-1900_edit1.jpg">Wikipedia</a></dd>
</dl>
</div>
</div>
<p><a href="http://www.gerrymcgovern.com/">Gerry Mcgovern</a> Success on the Web is not about making customers do what you want. It is about helping customers do what they want.</p>
<p>My Lenovo laptop has great battery life. The battery lasts for 650 thousand million years if I don&#8217;t turn it on, and for 65 thousand million years if I turn it on dimly lit. In fact, to save me so much battery life, it always starts in dimly lit mode. It&#8217;s wonderful. I can&#8217;t read anything but I&#8217;m saving lots of battery life. So, each time I want to use my Lenovo with battery I have to undim it. It wastes my time and mildly irritates me, but then that&#8217;s what great branding experiences are about.<span id="more-3534"></span></p>
<p>Lenovo is not alone.</p>
<p>I have never ever had a laptop that came anywhere near its battery life claims (and I&#8217;ve had many laptops). I simply don&#8217;t trust laptop manufacturers to tell me the truth. As far as I&#8217;m concerned their advertising statements are akin to me saying that I have enough money to last me the rest of my life, assuming I don&#8217;t buy anything.</p>
<p>Are there others like me out there, who are becoming more and more immune to false and deceptive advertising and marketing? I think there are. A friend of mine recently said to me: &#8220;You know, this Sensodyne toothpaste actually works. It actually does what it says it does.&#8221; And I agreed with him. Sensodyne is a great toothpaste.</p>
<p>You might think I hate branding and marketing. Quite the opposite. I&#8217;m willing to be loyal; but you&#8217;ve got to earn my loyalty. I love Bose speakers; every speaker I buy is a Bose. I&#8217;m loyal to Vodafone because I find their customer service to be excellent.</p>
<p>I stick with Verio for web hosting. The staff at Marriott hotels must get special training, because I have always found them friendly in an unforced way and genuinely helpful. Treat me right, deliver quality at a good price, and I&#8217;ll stick with you.</p>
<p><strong>But treat me like a sucker; try to trick and manipulate me and you will get my scorn and contempt. </strong> I believe I am part of a new generation of consumers. Think of us as intelligent strangers.</p>
<p>We no longer trust most brands anymore because they don&#8217;t deserve our trust. We are the &#8216;search, compare and verify&#8217; crowd, and our numbers are growing. We are the reason the Web is such a success.</p>
<p>Do you think the Web is such a success because it&#8217;s a technology? Do you think it&#8217;s a success because it uses HTML? Because you can view it on a computer screen or on a mobile phone? Because it can be wired or wireless?</p>
<p>The Web is a success because it helps us find out more, because it helps us compare, because it gets us in touch with people like us. Because it allows us to share.</p>
<p>We are the Web.</p>
<p>The Web is the customer and the customer is the new organization.  Commercial organizations and governments need to realize that, with the coming of the Web, power has shifted to the organization of intelligent strangers. We&#8217;re only in the middle of the beginning of this revolution. It&#8217;s very exciting. You can make a buck on the Web by doing right by your customers.</p>
<p><strong>Gerry McGovern</strong></p>
<p>Read more from Gerry at: <a href="http://www.gerrymcgovern.com/">http://www.gerrymcgovern.com</a></p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=030bd854-6dc6-4e4a-815b-0f683ddbe22f" alt="" /><span class="zem-script pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/productivity/what-is-the-search-compare-verify-generation/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Chris Brogan: If You Intend To Blog Seriously</title>
		<link>http://www.ivanwalsh.com/how-to/chris-brogan-if-you-intend-to-blog-seriously/</link>
		<comments>http://www.ivanwalsh.com/how-to/chris-brogan-if-you-intend-to-blog-seriously/#comments</comments>
		<pubDate>Sat, 24 Oct 2009 14:35:29 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Social Media]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[blogging]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Chris Brogan]]></category>
		<category><![CDATA[howto]]></category>
		<category><![CDATA[Inbound Marketing Summit]]></category>
		<category><![CDATA[ing]]></category>
		<category><![CDATA[Link]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Money]]></category>
		<category><![CDATA[New Marketing Labs]]></category>
		<category><![CDATA[Productivity]]></category>
		<category><![CDATA[professionalism]]></category>
		<category><![CDATA[socialmedia]]></category>
		<category><![CDATA[socialmedia100]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=3526</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/chris-brogan-if-you-intend-to-blog-seriously/"><img align="left" hspace="5" width="50" src="http://upload.wikimedia.org/wikipedia/commons/thumb/a/ae/BMC_06.jpg/300px-BMC_06.jpg" class="alignleft wp-post-image tfe" alt="A 640 BC one-third stater coin from Lydia." title="A 640 BC one-third stater coin from Lydia." /></a>Image via Wikipedia Chris Brogan writes: Blogs are not traditional media, and bloggers are not journalists. Unless they are. But it’s not a requirement. A blog is software. It’s something one puts up on the web to capture information, of whatever type one wants to put on there, and thus, if anyone tells you that [...]]]></description>
			<content:encoded><![CDATA[<p></p><div class="zemanta-img" style="margin: 1em; display: block;">
<div>
<dl class="wp-caption alignleft" style="width: 310px;">
<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:BMC_06.jpg"><img title="A 640 BC one-third stater coin from Lydia." src="http://upload.wikimedia.org/wikipedia/commons/thumb/a/ae/BMC_06.jpg/300px-BMC_06.jpg" alt="A 640 BC one-third stater coin from Lydia." width="300" height="121" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://commons.wikipedia.org/wiki/Image:BMC_06.jpg">Wikipedia</a></dd>
</dl>
</div>
</div>
<p><a href="http://www.chrisbrogan.com" target="_blank">Chris Brogan </a>writes: Blogs are not traditional media, and bloggers are not journalists. Unless they are. But it’s not a requirement.</p>
<p>A blog is software. It’s something one puts up on the web to capture information, of whatever type one wants to put on there, and thus, if anyone tells you that you’re doing it wrong, that’s just silly. There aren’t very many wrong ways to do it (legal things like stealing from others might be something you could screw up, but otherwise). And yet.<span id="more-3526"></span></p>
<p>If you’re going to blog seriously, consider the following:</p>
<ul>
<li>Consider the goals and value of your posts. Are you adding to a body of work? Are you blogging to educate, inform, deliver some value?</li>
<li>Facts do matter. If you’re stating opinions, stress that they’re opinions. If you’re claiming a fact, try to cite it. (I tend to state mostly opinions).</li>
<li>Remember that defamation is still an issue, potentially legal.</li>
<li>You can always ask questions BEFORE you blog (novel, I know).</li>
<li>Brevity matters. I know that I blog about this often. I just see several posts where one has to wade through to try and decipher the salient points (often my own).</li>
<li>Disclosure is key. If you’re doing something to make money, if you have a business relationship with an organization that you’re writing about, if there’s anything that might potential change the way something is perceived were it be to be measured against what you wrote, consider that.</li>
<li>Link when you’re mentioning other sites or information that has a link. It’s good manners. It’s the way the Web works. It’s more resources. Linking only to yourself says something about you (and it’s not flattering).</li>
<li>Review the body of your work every 10 or so posts. Are you improving?</li>
<li>Review the body of your work every 30 or so posts against the most recent. Are you repeating?</li>
<li>Review the body of your work against 5 other blogs in your space. Are you an echo?</li>
<li>Ask yourself WHY you’re posting what you’re posting. Pretend you’re the reader. Is this worth their time?</li>
<li>What else could you be doing with your blog to add value to your core community?</li>
</ul>
<p>There are lots of reasons to be blogging: capture your thoughts, share moments, build relationships, establish thought leadership, sell electric toothbrushes, whatever. None of them are especially wrong. But if you’re going to blog with the perspective that you are a professional, give it your best. Your audience deserves it.</p>
<p><strong>About Chris Brogan</strong></p>
<p>Chris Brogan is President of <a href="http://www.newmarketinglabs.com/" target="_blank">New Marketing Labs</a>, a new media marketing agency, and home of the <a href="http://www.inboundmarketingsummit.com/">Inbound Marketing Summit</a> conferences and Inbound Marketing Bootcamp educational events.</p>
<p>Article source: <a href="http://www.chrisbrogan.com/if-you-intend-to-blog-seriously/">http://www.chrisbrogan.com/if-you-intend-to-blog-seriously/</a></p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/pixy.gif?x-id=b7135c70-1a4d-4c99-b6a7-8e5f80323200" alt="" /><span class="zem-script pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/chris-brogan-if-you-intend-to-blog-seriously/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Why Arrogance is more Dangerous than Incompetence</title>
		<link>http://www.ivanwalsh.com/how-to/why-arrogance-is-more-dangerous-than-incompetence/</link>
		<comments>http://www.ivanwalsh.com/how-to/why-arrogance-is-more-dangerous-than-incompetence/#comments</comments>
		<pubDate>Mon, 19 Oct 2009 00:14:08 +0000</pubDate>
		<dc:creator>Ivan</dc:creator>
				<category><![CDATA[How To]]></category>
		<category><![CDATA[Business]]></category>
		<category><![CDATA[Engineering]]></category>
		<category><![CDATA[Failure. Bugs]]></category>
		<category><![CDATA[FAQs  Help  and Tutorials]]></category>
		<category><![CDATA[google]]></category>
		<category><![CDATA[Lessons Learned]]></category>
		<category><![CDATA[Productivity. Coding]]></category>
		<category><![CDATA[Technology]]></category>
		<category><![CDATA[Ted Dziuba]]></category>

		<guid isPermaLink="false">http://www.ivanwalsh.com/?p=2812</guid>
		<description><![CDATA[<a href="http://www.ivanwalsh.com/how-to/why-arrogance-is-more-dangerous-than-incompetence/"><img align="left" hspace="5" width="50" src="http://upload.wikimedia.org/wikipedia/commons/thumb/b/ba/CFD_Shuttle.jpg/300px-CFD_Shuttle.jpg" class="alignleft wp-post-image tfe" alt="A computer simulation of high velocity air flo..." title="A computer simulation of high velocity air flo..." /></a>What did you learn from the last time you failed? 
Ted Dziuba believed that raw engineering prowess could make up his lack of business experience. He discusses how his willingness to believe in his own abilities regardless of his other shortcoming blinded him to seeing the inevitably. 
]]></description>
			<content:encoded><![CDATA[<p></p><p>What did you learn from the last time you failed?</p>
<p>Ted Dziuba believed that raw engineering prowess could make up his lack of business experience. He discusses how his willingness to believe in his own abilities regardless of his other shortcoming blinded him to seeing the inevitably.<span id="more-2812"></span></p>
<div class="zemanta-img zemanta-action-dragged" style="margin: 1em; display: block;">
<div>
<dl class="wp-caption  alignleft" style="width: 225px;">
<dt class="wp-caption-dt"><a href="http://commons.wikipedia.org/wiki/Image:CFD_Shuttle.jpg"><img title="A computer simulation of high velocity air flo..." src="http://upload.wikimedia.org/wikipedia/commons/thumb/b/ba/CFD_Shuttle.jpg/300px-CFD_Shuttle.jpg" alt="A computer simulation of high velocity air flo..." width="215" height="161" /></a></dt>
<dd class="wp-caption-dd zemanta-img-attribution" style="font-size: 0.8em;">Image via <a href="http://commons.wikipedia.org/wiki/Image:CFD_Shuttle.jpg">Wikipedia</a></dd>
</dl>
</div>
</div>
<p>He developed a product that really only appealed to the people who build the technology behind it.</p>
<p><strong>FYI</strong> : Ted is here: <a href="http://teddziuba.com/2009/09/i-read-fred-wilsons-blog.html">http://teddziuba.com/2009/09/i-read-fred-wilsons-blog.html</a></p>
<p>Here’s the thing:</p>
<p>1. Arrogant people don&#8217;t listen to criticism, they just run themselves into the wall.</p>
<p>2. Incompetent people can ‘<em>usually</em>’ (my italics) be led in the right direction, even though they may execute their way into the dirt.</p>
<p>Arrogance doesn&#8217;t listen to reason, it only listens to itself.</p>
<p>So, if an investor asks YOU what I learned from past failures, what will your answer be?</p>
<div class="zemanta-pixie" style="margin-top: 10px; height: 15px;"><a class="zemanta-pixie-a" title="Reblog this post [with Zemanta]" href="http://reblog.zemanta.com/zemified/ba896ac3-de33-4d14-9c14-3811fc567372/"><img class="zemanta-pixie-img" style="border: medium none; float: right;" src="http://img.zemanta.com/reblog_b.png?x-id=ba896ac3-de33-4d14-9c14-3811fc567372" alt="Reblog this post [with Zemanta]" /></a><span class="zem-script more-related pretty-attribution"><script src="http://static.zemanta.com/readside/loader.js" type="text/javascript"></script></span></div>
]]></content:encoded>
			<wfw:commentRss>http://www.ivanwalsh.com/how-to/why-arrogance-is-more-dangerous-than-incompetence/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>

