Tag Self-employed

November – A Chance to get out there!

How did it get to November? Already I am being inundated with pictures of friends of mine growing their ‘Movember‘ moustache for charity, a sure sign that the year is marching on!

November is a key time in the calendar of those involved in supporting small businesses and start ups in the UK, and there are some great events worth looking out for if you are an aspiring entrepreneur. I am biased of course, but kicking things of for Global Entrepreneurship Week (14-20 Nov) is the fabulous Shell LiveWIRE LIVE! event and awards ceremony for the Shell LiveWIRE Young Entrepreneur of the Year 2011- have a look at the finalists if you have a moment, some great young people with some great ideas. We bring together around 200 entrepreneurs and speakers to mix things up and get people thinking about starting and running businesses. For my money, at this stage in a businesses life, one of the most single most important things is to get out networking and forge friendships and alliances that will help you in the future. It is vital that entrepreneurs starting out get their name out there, and test ideas by talking to other people- gaining important feedback along the way and refining ideas. The only people who can give you feedback about your ideas are other people! It sounds obvious (and it is!), but people forget this all the time.

This leads nicely onto awards… Awards are a great mechanism to gain exactly the same- recognition and feedback. If I look at some of the followup sound bites and feedback from people who have won one of the monthly awards at Shell LiveWIRE, two things always appear in the feedback- Profile and Confidence. Often when people apply for an award, they are just thinking of the prize at the end, but there is so much more to applying than first meets the eye;

1) Awards are a chance to test ideas. Fundamentally, awards can be used to test your thinking to an independent panel of judges. Most awards will give you feedback on the application- and if they don’t they should do, as it is a key part of the process. There are now hundreds of awards for businesses in the UK, and yes, winning funding is great- but the experience (through the process of applying) and profile that is gained from getting involved is vital.

2) Awards are a tool to give you profile. Even if you don’t win, way before that, you should be going straight to the press getting an article in the paper to say you are in the running. Probably one of the single most important things when in the early stages of business is profile- how do people buy your goods if they don’t know you are there?

My advice at this time of year is to get out there and see what events are near you- more importantly offer to help or speak at some of the events- Profile is everything, and there are some great opportunities- have a look at www.gew.org.uk to see what events there are during GEW week.

Leave your writing (comments) on our wall.

It’s more than only about the cloud

I went to a Kleinwort Benson Entrepreneur Forum last night and invariably cloud computing came up as a discussion point. On the way home it got me thinking about what makes my customers special, is it all about cloud computing, do they get it or is it even important to them?

We recently had looked at our client base and we looked at how old businesses are and how long clients had been with us, how many had gone out of business and so on. The mortality rate of our clients is way below the national average, in fact over 23% lower.

Surely that must be the result of our great cloud computing small business framework – software, e-commerce and services – right?

Wrong, the fact is our clients don’t care about anything like that. The don’t care about cloud computing, having the greatest and flashiest website or our services.

They care about their business, they care about their clients, they care about their staff, they are passionate about their business, they love doing what they do and most of all, they are focused.

Software, website and many other things are mere distractions to them. They expect us to do our end of the deal, to provide them with their small business framework and apart from that get out of their way.

To our clients, we are just a small cog in the finely tuned machine they call their business.

That is what makes them different and successful.

Leave your writing (comments) on our wall.

Much Needed Support For Ebay Retailers

WinWeb eBay Seller SolutionThe economy is struggling and with it many private households. More and more of us have to fend for ourselves and start a small business, either full time or on the side. While I think this is a good thing, people learning to become more self-reliant, it does not make it any easier.

Ebay is one of those organizations that can turn you into an “accidental entrepreneur”. One day you are selling your household surplus of gadgets and the next you are ordering supplies to sell some more. While all this can be very rewarding, you need to realize that now you are running a business.

You have to stay of the right side of the law, make sure you report your income and pay taxes on the profits. This is where eBay sellers often get into trouble. Ebay sellers are not dishonest, it is just that the transition, from selling your unwanted bits and pieces, to becoming a full online trading business can be difficult to spot. Especially if you never had a business before.

That is where WinWeb’s Ebay Solution comes in, you can import all your Ebay sales, record your outgoings & costs, upload all your PayPal payments (in and out) into a simple online cashbook application, to save you all the hassle. This will help you not only to stay on the right side of the law, but keep you on track for business success.

Add to this awebsite for Ebay retailers and you can drive even more traffic from the internet to your Ebay shop, over time this could turn into a full online shop, turning your Ebay shop into a concession branch shop.

If you’d like to learn more about running a business and find a mentor who will help you to get it right from the start – why not join the Institute for Enterprise and Entrepreneurs (IoEE) – send your first update and say something like this, “Hey everyone, I’m thinking about starting a business, anyone got some advice?” Then sit back and see what happens.

“The possibilities for the future are endless”, as they say!

Leave your writing (comments) on our wall.

Just Don’t Quit!

I ran one of the largest ISPs in the 90′s and it was not always easy (the understatement of my life), we were growing so fast, that we never had any money, our cash-flow was catastrophic, always.

During those years my CFO and I had a saying, “It’s going to be another interesting day!” – meaning, we did not know if we’d still be in business by the end of that day, literally.

I spoke the other day to a group of people about these times and at the end someone asked me, “How do you survive those years of extreme growth, decline, change and/or financial upheaval?”

That is a very good question and I’m sure many of you, running your businesses, are in the same position now and then – so here is my highly unscientific, but in my opinion the only correct answer:

Just don’t quit!

Share your comments with me and my other readers on my Facebook Page.

Leave your writing (comments) on our wall.

Micro Business vs Job

Job security is a thing of the past, no ifs & buts, it is. Why then are still so many hell bend on getting a job in a company?

Here are a couple of things to consider when considering your future:

☺ Income Security: You lose your job, you lost it all. You lose a client you still have the others left.

☺ Job Satisfaction: Plan you business well, do the things you enjoy and you will be good at what you do, bringing you even more clients thru word of mouth.

☺ Travel Time: Work from home, or use co-working spaces near by – cutting you unproductive time every day of your life and helping the environment.

☺ Life Balance: Be the master of your time, work when you want, play when you want – be part of your family.

☺ Higher Earnings: You will most likely earn more money when you have more than only one “client” (employer).

☺ Collaborate: Work with other micro business, freelancers and build your own eco-system for new orders, new clients, bigger orders and so on. Your micro-business co-workers recommend you as you recommend them for work in your or their specialized fields.

While I know it seems a scary prospect for many to run your own business – large or small – I’m sure it’ll be the best thing you have ever done.

If you are reading this, you are thinking about it – good for you.

Share your stories & comments with us on our facebook page!

Leave your writing (comments) on our wall.

Small Business Sales Performance – Q1/2011

The Open University just published their Quarterly Survey of Small Business in Britain and I want to share one graph with you here.

As you can see micro and small business are suffering in this economic climate more than the mid-size and large businesses – why do you think that is? This graph has been haunting me for days and for me it comes down to the same old issues I keep on ranting about, in one word: FOCUS.

SME Sales Performance by Size

With business focus there is no way a larger business can out-perform a well run small business in terms of customer care, customer loyalty and business efficiency.

Bigger business is better at analyzing business performance and optimizing processes, these tools are available to small business for free – why are they not being used?

Focusing on the competitive advantages of being a small business, with lower over-heads, better customer service, faster reaction times and so on and on, should become second nature. Not following every rabbit-hole (distraction) is essential to business success too. Do a SWOT analysis and focus on what you are good at.

In my mind there is no way that large business can out-perform small business on a size adjusted basis – let’s get to it and let’s change this graph!

Leave your writing (comments) on our wall.

100 Things You Should Know As A Freelancer or Self-Employed

winweb-freelancer-self-employed.jpg

If you are a freelancer, virtual assistant or self-employed then winweb.com has a list of over 100 tips & tricks for you on how to make your business more profitable, how to find more clients and other useful ways to improve your small business.

During times like these you can’t afford to miss a trick, so why not go over to the WinWeb blog and find out more.

Read more @ WinWeb Business Blog

Leave your writing (comments) on our wall.

WinWeb.com – Business Blog: Managing Your Small Business Office Online

Running your business and managing an office should be viewed as separate projects to make your business successful and should be dealt with carefully. Your main focus has to be running your business. While we have covered the importance of managing your office for the success of your business, don’t let it consume all of your working day. Remember to spend time each day doing the tasks that only you can do to progress your business.

One of the best ways to reduce the time spent managing your business is to find an online solution, or an office online. Look online to find Virtual Assistants to act as virtual employees of your company. Outsource the essential, repetitive tasks that you can pay someone else to do. Make every penny or cent count by finding the best solutions online to suit and help your business.

To find out how, read @ winweb.com

Leave your writing (comments) on our wall.

WinWeb.com – Business Blog: Running a small business 5 to 9 – on the side.

Working 5 to 9 has become a popular term for people who run their small businesses out of hours or after they have finished their day job.

It assumes the business is part-time and is a good way to test the credentials of a business idea you may have had. As you don’t have a full day to dedicate to running your business, it makes sense to run it from home to give you the vital extra time you need. If your home isn’t adequate for running your business idea, consider time-sharing a property to help bootstrap your business.

Find out more @ winweb.com

Leave your writing (comments) on our wall.

100 Self-Employed and Small Business Start-Up Tips From WinWeb.

winweb_business_start_up.jpg

Starting a small business from an office or home is a great way to earn some extra money or make into your full-time occupation.

As we all know there are many things to consider and the take into consideration. WinWeb has compiled a great list of 100 tips to help you to check out your business idea. Have a read and find out how well you are prepared.

100 Small Business Start-Up Tips @ WinWeb Business Blog.

Leave your writing (comments) on our wall.