Category Archives: Entrepreneurship

PERFORMANCE IMPROVEMENT COACHING: Achieve Your Goals & Resolutions, Regardless of Adversity!

Do you want to learn how to finish anything you start, with worthwhile results to show for it?

Would you like to be able to set and achieve valued goals in your life regardless of delays, disappointments and setbacks you encounter?

If YES, then rest assured that you’re in the right place, and I CAN help you achieve the above – and a lot more.

Starting today (5th December 2012), I offer YOU access to my confidential paid coaching/consulting service.

When it comes to getting results no matter what goes wrong, under some of the most difficult and frustrating socioeconomic situations imaginable, my track record of achievements readily attest to my competence.

Reading through the experience based posts and articles on this blog for starters, will give you an idea of the depth of insight and know-how I can give you.

You need someone who knows what it takes to relentlessly climb back up after being knocked down countless times, until he reaches his goal.

That, IS me.

You need the help of a person whose unique versatility as a multipreneur equips him to appreciate issues you face from YOUR unique perspective.

Again, me.

You can make your dreams come true, if you choose the right coach to guide and support you.

I can help you, using my Spontaneous Coaching technique, developed and refined over the past fifteen years.

Your age, gender, education, country etc do NOT matter.

What matters is your interest, desire, passion, purpose and vision.

You most likely currently struggle to achieve your goals because you LACK access to information and guidance that can help you to:

(1). eliminate trial and error

(2). Identify potentially viable ways to get the results you want as quickly as possible.

With my help, you can quickly learn what to do, and how to do it.

I offer paid email and telephone based (as well as face to face) coaching/consulting that can help you take the guesswork out of what you’re trying to do.

Understand that I do NOT need to know the technicalities of your work or vocation.

My role will simply be to guide you to take needed steps as and when due, to achieve the outcomes you desire.

My past accomplishments from successfully delivering customised solutions to clients in widely differing industries (hotels, hospitals, consulting, health and fitness, manufacuring, real estate etc) prove that my multipreneurial aptitude equips me to understand, and adapt to different subject matter quite easily.

In other words, it is a valuable asset that benefits my clients.

And it will benefit you, if you choose to let me help you.

There is so much you need to know and do, in order to competently go after, and achieve, your challenging life goals.

I am a proven goal getter in my personal and work lives from my days as a student, through 7 years in paid employment and over the past 10 years as an entrepreneur.

In many cases my work speaks so well for me, that I do not need to say more. Learn more about me here.

I can show you how to achieve your own goals the way I do mine, even in the face of multiple daunting obstacles. You CAN become unstoppable!

Let me help you work out a real-world relevant ACTION plan, that provides ready-to-use remedies to setbacks and other forms of temporary defeat you are bound to encounter as you pursue your goals.

I can offer you experience based suggestions that can help you evolve smarter action plans, and ultimately make the most of the challenges you’ll have to face.

If you did not find this page yourself, it’s likely I sent you the link after you contacted me about my mentoring.

Here’s How You Get Started With Me…

In order to coach anyone, I must evaluate the quality of their drive, determination and CONVICTION by requiring them to take an initial leap of faith by sending me:

N20,000 (Twenty Thousand Naira) for an initial remote telephone consultation lasting 15 to 30 minutes.

If you’re not ready to do this, stop reading now. I cannot work with anyone unwilling to take the above first step.

If you’re ready to take that leap of faith, I offer you more details:

Note that the N20k you send is 100% refundable, IF you go ahead to signup for my full coaching program.

To help you maximise value from that initial consultation with me , I always recommend sending key questions or concerns in written form at least 5 days ahead of the session.

As a gesture of goodwill, I provide for every client, written responses where relevant and approriate, to each one, and send via email as PDF and MP3 audio to you before the session date.

This will enable you ask other questions or request more details/clarification by the time you call to speak with me.

At the end of the session, you’ll likely have greater clarity about what you should be doing specifically to achieve your purpose.

Only after that will coaching become relevant.

Let me repeat myself: The initial consultation session (which I call “Situation Analysis”) will help me evaluate your needs, and based on that, I’ll then propose a custom coaching program for you, with required investment (recall you’ll be able to deduct 100% of your initial N20k consultation payment if you choose to sign up for full coaching).

So, what will you do now? I recommend you ask yourself:

“Can I afford to proceed on this important journey without RELIABLE support and guidance?”

Think about that…

To get started with me, send a request for payment details using this contact form using “Re: Spontaneous Coaching Initial Consultation request” in the subject line.

PDF REPORT: How To Calculate Your Farm’s Cost of Egg Production

Like I said in an earlier post, this report is a direct response to a question sent in by a visitor from India, through my Cost-Saving Farm Business Ideas website.

It is accessible in full, only by members of my Farm Business Ideas Club, as a PDF download from a members-only area of my SD Nuggets blog here at www.sdacademy.org.

For details of how to gain access to this and many other special PDF reports to follow, that provide experience based and researched answers to questions from real life farm business owners and enthusiasts like you, contact me via tayo at tksola dot com, stating full details of your needs and interests.

What follows is a brief preview of what the full report contains.

Before getting into number crunching, it’s crucial that you ensure you have everything in place to avoid doing your calculations based on inaccurate assumptions or worse, incorrect data!

1. What You Need To Accurately Compute Your Production Costs (A Fundamental Requirement)

In order to do any calculations reliably in business, you need to have a good record keeping system that efficiently captures production as well as financial data for your farm.

Without the above, any efforts you make to calculate costs, revenue or other performance parameters will very likely be a waste of time. Period.

2. A Basic Understanding You Need To Have

Now, before we start discussing the ways you can go about using the accurate and reliable farm data you have, to compute your egg production costs, the (not-so-) small issue of your farm’s uniqueness must be made clear.

Understand that no two production process can ever be identical. There will always be unique peculiarities they have, that will make them vary in performance. That’s where the manager’s ability to manipulate or control the operations taking place in each process plays a determining role.

The foregoing applies to manufacturing just as well as it does to catering, or for our purposes in this report: Poultry Farming Business.

By implication therefore, you cannot draw conclusions about your farm’s cost of egg production by depending on reports or estimates from other people’s farms, even if they operate next door to yours.

This is because it’s highly unlikely they run their farm exactly the same way you run yours. And even if they did, their expenses on supplies and wastes in operation, among other aspects, would be different from yours.

That’s why if you really want to get a firm and accurate grip on computing your Cost of Production in general, and Cost of Egg Production in particular, you need to do a practical collation of all relevant farm records, to arrive at a reliable indicator for your business.

I have had extensive experience deriving costs of production for large manufacturing operations as well as for small and medium entreprises. Most of this came through working closely with highly skilled financial experts as a responsible manager in paid employment(pre 2002), and also in the course of developing custom Excel-VB driven spreadsheet applications for client companies (e.g. Hospitals, hotels and farm businesses) as a self-employed service provider (since January 2002).

What I have learnt is that simple use of spreadsheets can make a world of difference to your ability to capture the most important cost factors relevant to deriving your cost of production.

And that’s why I’m emphasising the above as being crucial to your ability to arrive at the right values for your egg production cost.

At the end of this report, I offer to prepare (for any interested persons) a simple, ready-to-use spreadsheet for quickly and accurately computing your farm’s Cost of Egg production.

3. You May Not Need To Sell At The Same Price As Other Farms!

You’ll need to keep this in mind at all times:

The fact that other farms sell their eggs at X naira or dollars per unit, does not mean it would be PROFITABLE for you to do so too.

You need to first determine what it actually costs YOUR farm to produce one egg.

Then, you’ll be able to intelligently ascertain if the X naira or dollars gives you a margin healthy enough to SUSTAIN your business for the long term.

It is even possible that doing this costing exercise can help you discover that you can SAFELY drop your selling price below X naira or dollars maintained by others, and STILL retain your desired profit margins!

How is this possible you ask?

Well, one explanation is that the others may be running their operations less efficiently.

Maybe they employ poor (or no) process control and regulation, resulting in avoidable material wastes and possibly egg and bird losses etc.

These problems could push up their costs, making them choose to sell at X naira or dollar to earn their desired margins.

Now, if your farm does not have such shortcomings (or if you can eliminate the root causes of those problems in yours), it’s quite likely that you’ll find your derived costs to be significantly lower than what the other farms can achieve.

This will automatically confer a pricing advantage on you, enabling you safely lower your selling price to attract higher sales volume and profits!

The above is one major benefit you stand to gain by knowing how to CORRECTLY calculate your Cost of Egg Production.

Doing so (and you’ll want to do it regularly) puts you in the best position to:

1. Choose the most profitable pricing for your eggs

2. Keep an eye on the trend in your costs, so you can take timely corrective decisions or actions in the event of an unusual change.

The information provided above will guide you to correctly compute your cost of egg production, using the two different methods I now discuss below.

1. A Quick But Less Accurate Calculation method

=

END OF PREVIEW

For details of how to gain access to the COMPLETE PDF report, contact me via tayo at tksola dot com, stating full details of your needs and interests.

Feed Formulation Without Tears (Educational Commercial)

If you have ever calculated livestock Ration Formulas, you most likely know the process (especially where the Pearson Square Computation technique is used) can be quite mentally tasking – particularly when done manually.

That’s why most stakeholders in farm business naturally welcome an automated solution for reliably formulating rations for farm animals.

This “Edumercial” describes a solution I offer, for the above mentioned problem.

The Justification – Who Needs It?

1. Many farm business owners who are keen to increase their profit margins are exploring the option of formulating their own rations, so they can reduce spending on pricey commercial feeds.

2. Feed mill operators now help customers derive ration formulas to deliver the animal performance their clients specify.

More of them now formulate their own rations for different livestock types, for use in compounding bagged feed they sell to their customers.

3. Farm businees consultants who have to advise farmer clients on feeding and nuitrition for their animals, are also adopting the use of automated ration formulation software in increasing numbers.

A Solution That Makes Ration Formulation Feel Like Child’s Play

Since 2004 I have actively sold an Excel-Visual Basic driven spreadsheet application I built to accompany my popular Livestock Feed Formulation Handbook.

1. See the page below for details about it, and my popular 70 page Feed Formulation handbook:

Click here

2. I have a Youtube Channel where I’ve demonstrated how to use some of my spreadsheet software applicatons at:

Click here

3. You can watch my video demostration for the ration formulator software here (click) on my Youtube channel

4. A DETAILED PDF USER GUIDE FOR THE RATION FORMULATOR can be downloaded from here (click).

You Get FULL Support Till You Master Using The App (It’s PC & Excel Novice Proof!)

I would be glad to explore ways to help you achieve your stated goal of successfully formulating rations to meet your needs.

I built my app to help people reliably formulate balanced rations by freely using ingredients of their choice.

Therefore I am always keen to help or provide support towards making that happen.

Let me know if/when you’re ready to make payment, and I’ll send details to you.

If you’re interested, contact me via tayo at tksola dot com or 234-803-302-1263.

A FEW NOTES:

1. Just this past July (2012), a gentleman from Akwa Ibom came down to Lagos to spend about 5 hours with me learning practical aspect of livestock feed formulation based on the Pearson Square Computation technique described in my handbook that he had purchased.

2. A Canadian gentleman recently purchased the Ration formulator via Paypal.

Below is a screenshot of excerpts from an email he recently sent me as feedback on his impressions from using the app.

Click to view larger image

3. By way of interest, my recent blog post true story on how I had to battle against multiple misfortunes before I could deliver the Excel ration formulator to the Canadian gentleman will probably make you laugh!

You can read it here (click).

4. You may also be interested in reading my Cost-Saving Farm Business Ideas write-ups published as guest posts on Africabusinesscommunities.com:

Click here .

5. And on my blog, I periodically publish Farm Business Support articles:

Click here .

Join My Farm Biz Ideas Club & Get Answers To Your Questions, PLUS Massive Discounts To My Products & Services!

Starting from next week, I will commence publishing ONE new post on Cost-Saving Farm Business Ideas, in direct response to each one of over 200 questions sent to me by visitors to my Farm Business Ideas website.

The First Question to Be Treated

To give you an idea of what to expect, here’s the first question I will be posting a detailed (researched) response to next week Tuesday (i.e. 4th December 2012).

Zainuddin zai_abi (who indicated he discovered my write-up on Facebook) wrote in from “Hyderabad a.p India” on the subject of “Cost for egg productions”. Here’s his exact message(Edited for clarity):

====Starts====
"I have gone through your article Practical Poultry Farm Business Performance Calculations. I want to know how to calculate cost of egg production like cost per hen, cost per carton, cost of feed in details can you help me. kindly reply me."      
====Ends====

I’ll be publishing a detailed post in response to the above enquiry on this blog next week.

This Content Will Be Restricted To Members-Only

Note however that access will be limited to past buyers of ANY of my products or services. Such persons will be automatically assigned personal usernames and passwords to view this premium content that will be published.

Past Buyers: To get your membership account activated, you MUST contact me (click the preceding link) stating your interest in joining my new Farm Business Ideas members club.

Other Persons: If you’d like to be able to access that “members-only” premium content post, and subsequent ones. Or if you’d like to be able to send in your question and get answers, send your message to me using this contact form (click the preceding link) for details of what you need to do.

Once you become a member, I’ll research and publish a detailed post on this blog, answering your submitted question.

Coming Soon: Educational Commercials on ALL My Farm Business Support Products & Services

In the course of the past eleven months I have learned quite a lot MORE about catering to the needs and interests of farm business prospects. This has been through the many web contact form enquiries, direct emails and phone calls I have received.

I have found the web form enquiries especially useful in narrowing down to the specific areas majority of my farm business ideas articles readers are interested in

Quite recently I received yet another web form enquiry from a prospective buyer of my Ration Formulator spreadsheet app. The gentleman who I will call “Y”, runs a farm business in Kano state. After I sent him purchase details, he wrote back saying:

===Starts===
Please I need a trial of (the) feed formulation excel before I send the money. Thanks
===Ends===

Like I told “Y” when we later spoke on phone, he was the very first buyer to ever request a trial version of the app.

I went on to explain to him that compared to the really sophisticated Excel applications I have built for clients, the Ration Formulator is very elementary – so that giving him a trial version would effectively amount to giving him the fully functional app.

The alternative would have been to offer him a compiled EXE version setup as a trial. However, I am still reluctant to introduce that “breed” of my applications in the local market. And then again, the pricing for those ones is much higher – and not likely to appeal to my naturally price-conscious fellow countrymen.

In subsequent phone discussions I was able to gather that “Y” was concerned that he might need to know how to use MS Excel in order to use my Excel-VB driven Ration Formulator.

And that was when it hit me. The reason he was reluctant to take the buying decision was a fear that the app had a steep learning curve.

I assured him that the whole essence of using Visual Basic for Applications (VBA) in conjunction with an intuitive Graphic User Interface (click preceding link to watch Youtube video) to eliminate the need for a user to interact directly with MS Excel.

A floating modeless data entry form is all the user needs to work on, and clicking a few buttons instantly generates a livestock ration formula.

With that clarification, “Y” asked me to send him the account details so he could make payment.

For me, that was a valuable bit of insight gained.

After that conversation with “Y”, I did some thinking and came to the conclusion that I need to stop assuming every visitor to my website will readily find answers to all the questions they may have about the solutions I offer.

That’s why in addition to publishing answers to questions you send in on Cost-Saving Farm Business Ideas, I will henceforth periodically publish “Educational Commercials” about every one of my products and services targeted at Farm Businesses.

The first will be on the “Ration Formulator”. And it will be out the same day I publish the Question and Answer post.

I built this application to help people reliably formulate balanced rations by freely using ingredients of their choice.

That’s why I am always open to exploring ways to working with buyers to make use of it to achieve their goal of successfully formulating rations to meet various needs.

And it’s been exciting to see how people from different places within and outside the country have embraced it – with great feedback too. I’ll be publishing some next week!

Final Words

So, let me summarize. I’ll be launching the earlier mentioned special members only section on my website (accessible via password only) where all of the new content mentioned in this post will be published.

All past buyers of the handbook and software get automatic ONE year of FREE  membership.

In addition, all members get a permanent 40% discount to purchase any of my other products or services whenever they want during the life of their membership.

Towards this end I’m currently building a Farmers Database based on information submitted by over 250 farm owners who have contacted me from my website. They will all be notified by SMS and email from next week.

IMPORTANT NOTE: For past buyers, to get your membership account activated, you MUST contact me (click the preceding link) stating your interest in joining my new Farm Business Ideas members club. All other persons will need to contact me for details of how to get on board.

I look forward to welcoming you!

Don’t Cheat Yourself By Buying Based On Price Alone From A Competent Entrepreneur!

A cynic is a man who knows the price of everything, and the value of nothing" – Oscar Wilde

One lesson I have learned the hard way is that not all clients value getting served with passion.

Let me explain why I say so.

While an employee in Guinness Benin city, Nigeria, I would work round the clock – even as a shift brewer – almost without regard for my personal health. One day, while working this way during my days as a trainee(Year = 1995), an expatriate manager had gotten so concerned that he told me, "Tayo, there’s a world outside Guinness you know!".

But I did not relent. I would close morning shift for instance, and stay back – till nightfall – working on a spare PC developing a variety of Lotus 1-2-3 applications aimed at helping automate certain tedious report preparation processes I had identified.

Over Time I Got Recognised – And Rewarded For It.

Soon, other departments began courting me for my skills. For instance, the Utilities Manager (Shola Adeniran) got me to automate his department’s Monthly Report using Lotus 1-2-3 macros(Year = 1997). Later on, I got promoted Training & Technical Development Manager(TTDM) and was nominated to attend a six week International Brewing Course organised by the Institute and Guild of Brewing, UK(Year = 2000).

About 3 months after resuming as TTDM, I was nominated to act as Production Manager. Again I did the same thing – stayed longer, worked hard etc. My appraisals got better each year.

It is instructive to note that I only spent 7 years in Guinness. But what I achieved during that time, some had not in 14 years of working in the company!

What’s The Point I’m Making? 

You see, Guinness preached certain values to all employees. One of them was the importance of  HAVING A PASSION FOR WHAT WE DID.

That resonated very strongly with me. I keyed into it, because I believed it was important to enjoy whatever one did.

And when I began to get "tired" of the routine of paid employment; when my creative instincts began to make me feel limited; I realised I needed to launch out on my own as an entrepreneur.

But I did NOT leave my passion behind. I put it into doing what I had done in Guinness, for my clients. A good example is spreadsheet solutions development, that I now do using MS Excel-VB development.

I made a point of always Going The Extra Mile in serving clients I won over, just like I had done in paid employment.

But I soon realised that in the real world, outside paid employment, certain people – no matter their level of exposure or education – tend to abuse service delivered with that kind of passion.

1. When you charge a fee to do a job for 4 hours, and stay on longer (without charging extra) in a bid to get it right, they conclude you’re either desperate or hungry. They will refuse to see any positive intent in it. Some could even suspect you have ulterior motives for working so hard for them!

2. Even when your superior work quality is why they hired you over the next person or company, some clients will try to get you to accept LESS payment than those they left to come to you. Give in once, and you’ll never be profitable again working for them. And you know what? It never bothers them.

A Short Story To illustrate

I was once present when a client hotel’s manager was discussing with his supervisor about purchasing new toilet rolls for the hotel.

Manager said: "These things are getting more expensive. Our current supplier says a batch is now N2,500."

Supervisor replies: "Yes, that’s true. I guess their costs of production are rising. No thanks to the power supply problem among other things in our economy".

Manager: "Do you remember that there was a guy who used to supply us at N1,500 some time ago? Where is he now?"

Supervisor: "He closed down a while ago."

As I listened, I could not help saying to myself : "Of course he would close shop. When you fail to sell profitably, you can NEVER stay in business. It was only a matter of time."

My Point: Such Clients Never Think Win-Win!

Some clients, in my experience, want what they want, but don’t care how it affects the service or product provider they get it from at unfair rates. I believe in win-win relationships. Everyone should benefit!

The above is why I have a rule of subtly disengaging any client that UNREPENTANTLY subjects me to recognisable abuse, in spite of my efforts.

I once had an abusive client who refused to pay an outstanding bill say to me "You know I can stop using your software don’t you?". That was meant to be a threat to make me give in and do his bidding, without insisting on my payment. But I called his bluff…and I’ll call the bluff of anyone who is mean enough to use threats or other forms of abuse to try getting my service.

My Business Is NOT An Ego Trip. And Yours Should Not Be

I have a vision to deliver value for every paying customer, beyond what s/he pays me. My reputation in this regard already bears me out. It is therefore reasonable that I expect to get treated with equal consideration by clients I shower affection. So should YOU!

I am beginning to find that online, my passion-driven service focus works better. And this has recently made me spend more time promoting my products and services for direct sale through this channel.

It’s great to speak with people you have never met, on phone (or via email) and have them express appreciation for how you responded to their orders, and requests in relation to your work.

I however still look forward to forging lasting relationships with offline clients who continue to act with win-win dispositions in their dealings with me.

If you want to get good service, and enjoy access to it for a long time, in a friendly win-win relationship with your provider, I encourage you to "Avoid Trying To Buy Based On Price Alone From A Competent Solution Provider!"

"I have found no greater satisfaction than achieving success through honest dealing and strict adherence to the view that, for you to gain, those you deal with should gain as well." – Alan Greenspan

A New Generation of Entrepreneurs PROVES That Our Schools Need To Offer a Different Kind of Education!

[WARNING: To get useful value from reading this post, you’ll need to keep an open mind. Like the saying goes “The mind is like a parachute. It works best when it is open”.]

It’s becoming more and more obvious that society is evolving so rapidly that jobs and vocations as we’ve known them are being forced to change or in some cases simply “disappear”.

So many companies now take advantage of PC and Internet technology to reduce dependence on employees.

And for those that choose to retain people, more of them favour having certain roles outsourced to remotely located workers. This ensures they can optimize what they spend on manpower.

Schools “Un-Prepare” Us to Be Entrepreneurs

But the above situation is bad news for many of those who went through traditional schooling in the hope of securing traditional employment.

If it’s not already obvious to you, here’s why: Most people who attend formal schooling are often not prepared for the possibility of a lack of jobs. What’s more, in the past, when jobs were not forthcoming, those who had the courage could easily launch out into self-employment.

Unfortunately, traditionally schooled people are not well equipped to succeed as entrepreneurs in today’s world. They’ve been wrongly prepared by the school system that produced them.

Formal schooling teaches us to be willing to follow laid down rules and guidelines – no matter what. We are literally programmed to respond predictably to orders, and to NOT desire to stand out or be different. In other words, formal schooling conditions us to blend with the rest of society – and to avoid rocking the boat.

Then we enter the real world and we find we’re in trouble – because we lack important real-world relevant “savvy” and skills. As a result, the “well schooled” – surprisingly – tend to struggle more than those who either never underwent formal schooling, or chose to jump ship at some stage BEFORE they got completely “conditioned”.

Those less-schooled people enter the real world with an edge over those who finished formal schooling. This is the reality that confronts most adults today, even though many still stubbornly refuse to acknowledge it.

My Top Grades Did Nothing to Prepare Me for Business in My Society

Despite excelling right through university, graduating top of my class and narrowly failing to get a first class degree (my 5.9 vs. target 6.0), I got into the real world to discover that almost everything I’d learnt back there was totally useless to me, in my bid to make a success of myself as an adult.

A seven year stint in the “insulated” environment of lucrative corporate paid employment was an eye opener for me.

I was amazed by how I rapidly taught myself new skills to excel in fields I had no formal training (e.g. brewing and spreadsheet automation).

This stirred a new awakening in me. I realized that I had to become self-employed, if I was to feel fulfilled. And I could not help wondering if the time I’d spent getting a degree could not have been better spent.

I became an entrepreneur over ten years ago. My experiences and observations during that time have led me to a firm conclusion: Conventional schooling as is offered in most societies currently does not offer enough of the kind of preparation needed for one to succeed in today’s rapidly changing world.

The Internet Age Requires a Different Form of Schooling

I want to protect my kids from experiencing a similar rude awakening to mine. That’s why I’m deliberately coaching them to develop real world relevant skills early on – in writing, typing, using the PC and especially the Internet as a means of earning a living. They will acquire other vocational skills. But the digital ones will be key to their success.

Today’s Internet driven digital world makes success accessible to anyone who can read and write i.e. anyone willing to exploit PC and Internet technology to deliver unique value to those who need it, in exchange for profitable financial remuneration for herself.

Some people who are still trapped in the old world order mentality of going to school, getting a degree, and finding a good job, have criticized my thinking.

But I’ve told my kids that – if they want – they CAN develop the competence to begin earning income via the Internet (using what I teach them) before they leave school.

I’ve also emphasized to them that what they earn will be determined by the quality of value they provide (e.g. products/services they provide) – and NOT by the kind of certificates or degrees they have (or lack).

Think about it: so many people are still graduating into the jobs market every year even as unemployment rates soar in most societies. Who’s going to give those new graduates jobs?

I don’t need a PhD to understand this. It’s obvious to anyone willing to think objectively about it!

A New Generation of Entrepreneurs Now Rules

It is because of the above situation that a new era has begun- for entrepreneurs – in most societies across the world.

Highly skilled people are quitting from high paying jobs in expensive cities like California and New York, and relocating to the Philippines, Hong Kong and other areas of the world with much lower costs of living. And most are launching micro-enterprises.

Why? Because they want to live more fulfilled lives – away from pressures of high costs of living – while using their skills to earn a living.

Luckily for them, the kinds of skills they have can be used to earn income anywhere an Internet connection can be had.

Almost every reasonably modern society has them. And they are rapidly influencing those in less aware economies. It’s a movement driven by the Internet’s ability to stretch beyond borders, and create value for people at both ends.

That’s why we’re seeing more people becoming entrepreneurs today. But not the kind from the past who had huge offices and employed armies. This time around, especially with the Internet’s increasing influence, we’re hearing of Location Independent Entrepreneurs, Digital Nomads, and so on.

This new generation of entrepreneurs comprises mostly “solo acts”/micro-entrepreneurs (sometimes in small groups) who take advantage of Internet technology to earn a living by serving clients and customers across the globe from the corners of their “rooms” at home.

And Don’t Be Fooled By the Fact That They “Work-From-Home”…or “Anywhere”

Some of these guys chalk up huge earnings while operating in this manner – sometimes more than others who still do the traditional 8 to 5 commute to fortune 500 jobs!

And they get their education NOT from traditional schools, but from their own specially created communities, where essential skills for success are learned.

If you plan to be an entrepreneur in today’s world, this is one path you may wish to consider following.

It must be said however, that it is not for everyone.

If however you choose it, remember you’ll need to re-educate yourself by un-learning and re-learning many things in order to succeed.

Thankfully, there are useful learning resources online you can start with:

1. Future Expats Forum: http://futureexpats.com/

2. Digital Nomad Academy: http://digitalnomadacademy.org

3. The Art Of Non-Conformity: http://chrisguillebeau.com/3×5/category/worlddomination/

NB: Download Chris’ Brief Guide To World Domination: http://chrisguillebeau.com/3×5/a-brief-guide-to-world-domination/

4. Download the Internet Lifestyle Manifesto from http://www.mymarketingcoach.com

5. Lastly, Google “Digital Nomad” and “Location Independent Entrepreneurs”. You should find more to satisfy your curiousity!

Good luck.

Never Accept Shabby Treatment Because You Need Business!

Some people go into business under the misguided impression, that "all buyers" must be given whatever they ask for – no matter how unreasonable it is. This mindset ends up putting them at the mercy of most of the dients and customers they get. And they end up trapped in energy sapping relationships with exploitative or manipulative buyers.

In this post I suggest steps you can take to protect yourself from being shabbily treated and exploited by naughty clients that may sometimes come your way…

1. Present Yourself Right

Your dressing, composure and assertiveness will often determine how people respond to you. If you manage yourself well in those areas, you will gain credibility/respect before others. Who will believe in you if you cannot show that you believe in yourself? Don’t let anyone “pity” you or give you charity. Always keep your chin up, and be “proud” of yourself for having the guts to do something meaningful with your life.

Never let defeats, delays and temporary setbacks get you down. More often than not, they are simply channels for acquiring new insights about how to reach your goal.

You need to understand that “there is no such thing as an entrepreneur who failed but only one who gave up”. The foregoing means you can be confident that your success is “inevitable”. (Thanks to James Cook).

2. Show Enthusiasm – And Competence

“Without enthusiasm, one cannot be convincing. Moreover, enthusiasm is contagious and the person who has it, under control, is generally welcome in any group of people.” – Napoleon Hill

When you show that you are competent, and love what you do, progressive minded clients will often fall in love with you, and bring you back to do more work for them

Do NOT be like me, however. Keep in mind that you are in business to make not just money, but tangible profits. Be sure to request handsome fees commensurate with the value you plan to deliver.

In my startup years, I was so naive that I went around showing enthusiasm for my work, without thinking about getting profitably rewarded for doing it. That cost me a lot in my early years as an entrepreneur. Today, I’m much smarter – having learnt my lessons the hard way from life’s University of Hard Knocks.

3. Name Your Price and Stick With It

One of the annoying realisations I made very early on in my entrepreneurial adventure is that once you go O-Y-O (On Your Own) as an entrepreneur, some people who knew you before will immediately assume that you’ve dropped in “value” or “worth” – just like (as Kiyosaki said) the new car driven out of the car lot by its new owner.

This becomes obvious from the way they try to get you to do whatever it is you do, for them, for little or nothing. Their belief is that because you’ll be keen to quickly begin to earn some income, you’ll be unwilling to pass up such unattractive propositions, even when they annoy or irritate you.
Well,much as I knew I was going to pay the price each time this happened, I either simply ignored such people or told them what my fees were, and asked them to take it or leave it.

I once read an article titled “Name Your Price and Stick With It” in which the author advises any entrepreneur who provides service to set a profitable lower limit for his/her fees below which he would not take on a project. He added that if you do get asked by a client to lower your fees, after you have assured yourself that what you’ve proposed is the most appropriate for the job they want you to do, there’s only one thing to do.

Tell them to indicate which aspect of the job they would prefer NOT to have, so you can take that out and give them a lesser charge.

In other words, NEVER drop your fees without a reason.

Make it obvious to the prospective client, (and ensure he/she understands) that there cannot be a drop in your fees (below your set lower limit) without a corresponding drop in the scope of work you will do or the overall value they will get. When you do this, and stand your ground, they will actually come to respect you, and treat you accordingly.

If you don’t do this, your prospective clients will always push you around, waste your time, get you to do more without paying more and ultimately won’t see much reason to give you referrals to others.

If you want to successfully assert yourself in doing your business, you must be ready to refuse to be treated shabbily. It can happen once or twice, but you should also learn quickly!

On a final note, remember this:

The above ideas become even more relevant when you’re just starting up. The fact that you’re new does not mean you should present yourself as a lamb for slaughter.

More importantly, note that a prospect cannot tell that you’re experiencing slow business or cash flow shortage by looking at your face. Except you tell her, or you show up for a meeting with her looking – and acting – needy.

It is not a crime to have to build your wealth from the ground up. Others have done it before. You should be proud you have the opportunity to achieve a similar respectable outcome. There is therefore no reason to accept shabby treatment from those you want to buy from you!

Should You Quit Your Job or Start Your Business Part-time?

Click here to download this Quote-Story™ No. 1. Then study and share it with those you care about.

Click here to download the above Quote-Story™ No. 1. Then study and share it with those you care about.

FYI: James R. Cook, is a successful American entrepreneur, and author the New York Times bestseller titled “Startup Entrepreneur”. I strongly recommend you read that excellent experience based book.

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Should You Quit Your Job or Start Your Business Part-time?

Preamble: The dilemma of choosing between quitting one’s job or starting up part time(while holding on to it) is one that countless entrepreneurs have had to contend with in the past. This difficulty confronts persons who are either approaching retirement or feel they do not want to continue working for someone else. Not many business ideas can be properly “tested” in the market place using “moonlighting” techniques – where an employee tries his/her hands at pursuing a fancied business career on the side, during his/her free time.

In this article I share the true story of HOW I took the decision to start my own business. I also provide insight into what others who have passed the same road did – and say. The truth however, is that no two situations are likely to be exactly the same, hence the intending startup must carefully weigh the options available in making up his/her mind. It is my hope that the reader will be able to use the ideas offered here to intelligently arrive at a decision that will facilitate the launch of a successful career in entrepreneuring.

(This article has been reviewed/slightly expanded – today 6th Nov. 2012, and is now relocated to the SD Nuggets blog, from it’s former static html page. The original version published in Apri 2006, and republished on Ezinearticles.com on Apr 03, 2006, is one of twenty-five(25) contained in Tayo Solagbade’s Ebook titled “25 Articles/True Stories On Self-Development, Entrepeneuring & Web Marketing To Help You Succeed More Often)

“No enterprise worthy of accomplishment would ever begin, if all obstacles
were first to be overcome” – Napoleon Hill

Let’s Start With My True Story – About How/Why I Did It

In attempting to help you come to your own decision about the better of the two options mentioned above(quitting your job vs. starting part-time), I will give you an insight into how I entered into the business of entrepreneuring. I start by reproducing the exact words with which I narrated the experience in an ebook I wrote back in 2003 titled “How To Help Your Child Discover His/Her Purpose In Life” (click the preceeding title/link to read an article based on the ebook).

“I struggled for over 6 years like I said trying to find out why I felt so dissatisfied working as a well paid young manager in a large, blue chip corporate multinational. Despite rapid advancement and numerous opportunities plus the promise of even better career options, I still found I was dissatisfied. So it was that right till the last 2 years of my stay as a Manager in Guinness Nigeria Plc, I continued to baffle family/friends with my frequent trips back and forth between Lagos, Benin, Ibadan, Portharcourt and other places.

I was variously following up advertisements for new jobs, opportunities for new starting up businesses, and possibility of getting admission to study overseas(I just KNEW I wanted to spend my time doing something other than the job I was being so well paid for!). I attended many seminars on wide ranging topics from manufacturing to computer/internet education etc. Then I sought out those who I heard had “made it”, and who offered themselves for consultation. I asked their advice on what to do. Slowly but surely, I began to gain insight.

Gradually the picture became clearer. Not long after – in late 1999 to be exact, I had the full picture of what I wanted to do in life clearly mapped out in my mind. But by then I was already 29 years old! Then I spent 2 whole years “preparing”(attending business startup seminars etc) before finally taking off fully! Having gone through all that, I am now thoroughly convinced that I could have done better, if only I had known much earlier that I had the option of deciding whether or not to go into paid employment.” – Excerpt from the ebook titled “How To Help Your Child Discover His/Her Purpose In Life

Now, the truth is that by the time I decided I wanted to run my own business, I was not sure exactly how I would start.

I knew I wanted to go into some form of speaking-training consultancy/educational work but I was not sure how to begin. Also, I knew that it would be useful to have a creative slant to my business offerings(building on my proficiency in custom spreadsheet programming/solutions development), so as to generate a diversified income stream. It was with these ideas in mind that I began attending all those seminars/courses over the two years before I quit my job.

I however did not just attend them and go back to my job to continue work. Being naturally action oriented, I went ahead and launched mini-versions of some business ideas I had settled for. They were Sealed Nylon Packaged Pepper production and Custom Branded T-Shirts Production (which I came up with by myself after doing some thinking). While on Annual leave, I then used practically all of my leave allowance from work, to run these micro businesses on a test basis.

It was tough, but I gave it all I had. In each case, I made little or no income, but the excitement of doing it all – printing ID cards, drafting sales letters/looking for buyers, designing T-Shirt labels, using an impulse nylon sealer to pack cartons and cartons of pepper (overnight sometimes!) served to give me some degree of satisfaction that it had been worth the trouble.

However, when I returned to work, the challenges of meeting my job as an employee soon made it obvious that I could not combine running either of the businesses with doing my salaried job. This was at a time when I was still a shift brewer, and as such had the advantage of getting off duty rest periods on weekdays, which I tried to use to pursue my micro business efforts.

By the time I was promoted in year 2000 to a normal, routine 9 – 5 job as Technical Training and Development Manager, I lost the little freedom I had left.

For close to one year, I tried to see if I could endure the change and the restrictions it had imposed on me, but soon realised that it would not work. So, I printed off and signed a fresh copy of the resignation letter I had presented to my former boss(who had rejected it back then) in 1999, while I was still a brewer , and handed it to the head(Operations Manager) of my brewery in his office on 31st October 2001(giving 2 months notice).

It’s been over four years now, since I quit my job to start my business – and I remain fully convinced that I took the right decision. This is(among other reasons) because, I have grown tremendously in ways that I could never have achieved had I still been tied to a 9 to 5 job. In addition, I look forward to doing my work on a daily basis, with an excitement much greater than any I ever felt while in paid employment. The feeling of liberation – being able to pursue what you have always dreamt of achieving beats description. The following quote I think describes what I believe I have achieved:

“Free yourselves from the shackles of corporate life” – Anon

Most people in paid employment will not be able to understand what I have said in the above paragraph.

For instance, sometime last year, I visited the office of a former senior colleague(who still works in the HR department of the company I left) to get a reference.

He told me “Many people still think you must have been mad to do what you did“. My response was along the lines of “My only regret is that I did not do it sooner!” – and I meant it.

While driving back home that day, I thought about the conversation with my HR manager “friend” and could not help feeling a bit sorry for him, because I knew from the way he said it, that he agreed with those who had questioned my sanity in quitting my job.

The sad reality however is that whether they accept the inevitable reality or not, they WILL have to go through the same process of “leaving” their jobs one day. When that happens, they will have to – like I did – “re-educate” themselves all over again to be able to survive in the real-world, outside the security of salaried jobs they have gotten used to. This is likely to happen when they retire, or have to resign.

The only difference will be that when they are starting up their own businesses, they will probably be past their prime in terms of age, maybe in their 60s. This may or many not present problems when they have to endure the adversity frequently encountered in the business startup phase.

As for me, I am glad I did it while I still had a lot of my youth on my side.

At 31, I quit a job that paid well, but made me feel unfulfilled, in order to start one that I get excited about everyday regardless of the challenges I face in doing it. If you also want to experience true happiness, you will have to do likewise i.e. follow your heart!

Interestingly, doing what you love WILL ultimately bring the ONE benefit(money!) that many people always seem to want to get first. I don’t care what any realists say. What they consider unprofitable today can become a goldmine tomorrow.

But experts will sometimes not see what you see!

WHAT PEOPLE SAID: There’s no market for it. If there were, major airlines would already be offering it. You won’t be able to find reliable couriers.” – Conclusion of advisors to Fred Smith, founder of Federal Express.

Some experts recommend going with a proven formula or model. I do not quarrel with that. But nothing new will be created or invented if everybody follows that line of thinking! We need people who will perodically follow their instincts and intuition to venture into untested business fields.

Those who will be visionary enough to see the opportunties tthat current experts are blind to. And who will be able to muster and sustain the courage to aim for business success in that area. A passion for the subject will make such individuals persist even when no immediate results are forthcoming.

Historical evidence stongly suggests that most people who do so eventually reap substantial rewards in fame, and fortune.

That’s why Marsha Sinetar said:

“Do what you love, and the money will follow” – Marsha Sinetar

A Question That Can Help You Choose A Business To Start

One of the most important questions that a person who wishes to choose a business to start needs to be able to answer is this:

What is that thing, which you would ENJOY doing for an UNLIMITED period of time, EVEN if you did not get paid to do it?

I found MY answer to that question quite easily, and that made it easy for me to continue happily working towards achieving my set goals in spite of countless rejections and setbacks. You are reading this article, at this point in time, because I chose to follow my heart and pursue my vision. You will need to do the same if you want to achieve sustainable, authentic success.

“If you don’t do what you love, you won’t have what it takes to stick with it. This lack of effort will cause you to fail. And fail big time” – Michael Boss

How Other Entrepreneurs Started Their Own Businesses

1. Quitting To Start – The Risky Way!

a. James R. Cook(Author, Startup Entrepreneur, New York Times Bestseller) did what many considered ill-advised and unthinkable. He simply quit a good job brimming with promises of career advancement. In his book, “The Startup Entrepreneur”, he explained that he did so in order to apply Napoleon Hill’s suggestions that the person desiring success “burn all bridges” – admitting that not everyone has to follow the same route as he did.

b. Henry Ford explained that after discussing with his wife, he chose to reject the offer to make him general superintendent of The Edison Company, if he stopped work on his gas engine project to focus on what they considered “more important” work. Left with no other option, he chose to leave his job(on August 15, 1899) rather than give up his automobile business idea. An interesting note added by Ford is the fact that aside from money spent on sustaining themselves daily, he and his wife put every penny they had into experimenting on the automobile, in the hope of making a breakthrough. That willingness to risk financial ruin, would later yield multiple fold returns. Every single person who drives a car today, should be grateful to this couple for refusing to quit!

c. William Lear opined that if a person is really sure about his business idea, he should mortgage every asset he owns to keep going. Using himself as an example, he explained that at one point, during a difficult time in his business, he felt like he owed more or less everyone in the country.

d. Fran Tarkenton also wrote that if you find it difficult starting your business while still in paid employment, seriously consider quitting in order to force yourself to focus better. BUT he also gives what I truly believe is a very VALID warning that in doing this: In quitting, you MUST make sure your family’s security is not jeopardised by the possibility of your business struggles, preventing you from playing your role as a parent or spouse.

2. Moonlighting -The Safe(?) Way

Some people might prefer to test their ideas on the side while they hold on to day jobs as employees. Lucky history shows that a number of people succeeded in starting their businesses this way. George Eastman for instance, who founded the Kodak company, remained in employment while he tested ideas for his film business.

I have also read articles on how Moonlighting techniques(where a person in paid employment launches a semi-entrepreneurial career on the side in his free time from work) can be successfully used by individuals keen to try out their business ideas.

In fact there is a growing trend today of people who start businesses which they engage third parties to run , while they(the owner) remain in paid employment.

So, Which Is Better: To Quit Your Job At Once, Or Start Your Business Part-Time?

In my opinion, the degree of success achievable in meeting client or customer needs by a person who starts up via moonlighting, will depend to a great extent on his/her level of commitment. This is especially because the demands of a routine 9 to 5 job can, for instance, limit a person’s ability(via late hours at work, and/or fatigue) to meet the expectations of a paying client or customer.

Then there is the issue of the type of business a person decides to startup on the side. If a person decides to start up a piggery or catfish business while employed on a full time salary job, s/he might struggle considerably to get a good feel of what it takes to manage the actual production process. A likely reason would be his/her inability to visit the farm as often as would be needed(due to day job work demands) to gain the needed “depth” of understanding. This could have implications for cost-effective and profitable operation of the business, as s/he might end up having to accept anything s/he is told by the hired hands.

Having said that, employing a competent manager to run the operation could reduce the need for worry in this area. I will however add that in the society I operate in as an entrepreneur, you would have to keep both your fingers and toes crossed at the same time, if you choose to go that way. A hint: Finding competent hands over here is one thing. Finding competent AND trustworthy ones can be another issue entirely!

But the truth about it is, no matter how long you test your business idea on the side, you will eventually have to take the plunge and launch out fully. In reality, many people never get to a point when they can muster enough courage to do that, giving various excuses. In the end, their employer helps them take the inevitable decision – and even then, they are seldom prepared!

Those Who Risk All Stand To Gain More

So, on the issue of which option is “better” , it is my considered opinion that most of those who take the “risky” route of quitting the security of their jobs, or “burning their bridges” are likely to emerge as better rounded entrepreneurs, capable of building businesses that outlast them. I say this based on my personal experiences as one who tried both approaches, and also drawing from many interactions I have had with business owners who followed the “safer” route in starting up. The mental attitude of people who belong to this latter group can be surprisingly different from that recognised as typical of persons considered to be “entrepreneurs”.

Specific scenarios include: how they see adversity(and the benefits it offers); their disposition towards risk-taking for the purpose of seizing business opportunities in the market place; and their capacity to visualise the future. In each of the three scenarios highlighted, I have repeatedly noticed that the “safe way startup” business owners frequently prefer to keep things as they are, never wanting to take any chances trying anything new – until they have seen many others do so successfully.

Seldom are they ready to be the ones leading the pack in visualising what next to do. And in some cases, there was a striking readiness to compromise their values (sometimes just “a teeny little bit”) in the face of opposition, in order to get what they wanted. This suggested the attributes of “integrity” and “persistence” were not strong points for them. I must add here that you could not easily deduce this from what they said, when invited to speak, or discuss on the subject. It was very often from the things they did – actions they took daily, yearly in relation to moving their businesses forward, that you saw real evidence of that they actually “believed”.

In contrast, many successful entrepreneurs who followed the “risky”, thorn filled path, have described how the long drawn periods of “suffering” they went through, helped them developed the “character” and “survival instincts” necessary for achievement of sustainable long term successes.

Quite a number have been described as “stubborn” or even “obstinate” – attributes which probably enabled them successfully defy adversity and opposition in the past to achieve startling successes. Entrepreneurs often believe they can always get what they want -if they stick with it long enough. Hardly will you find a true entrepreneur willing to cut corners in order to reach a valued goal. Apart from having a strong sense of integrity, the exciting prospect of defying all odds and opposition to reach the prize, would be simply too attractive for him/her to pass up.

Don’t get me wrong here! I am not implying that a person who did not quit a job or do something “risky” to start his/her business is not an entrepreneur. What I am saying is that a serious possibility exists, that those who start by holding on to the “security” of a life-line in form of a “job”, or other comforts, may end up not undergoing the full myriad of “educative” experiences needed to mature fully as entrepreneurs.

You can read my article titled Avoid Taking Lessons On Entrepreneuring From The Wrong Person(s) to learn more about why I believe NOT every business owner can be called an entrepreneur.

“You cannot acquire experience by making experiments. You cannot create experience. You must undergo it.”
Albert Camus

“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.” – Eleanor Smith

Summary – The Choice Is Ultimately Yours To Make!

From reading my story, you will find that I did make effort to try juggling my new interests with the responsibilities I had as an employee, but with little success. In order to avoid destroying my credibility in my workplace by having divided loyalty(and also to ensure that I was more efficient in the use of my time and efforts), I chose to take an honourable exit from a company I had served for seven(7) years, while the ovation was still at its loudest.

That was one of the reasons why the overall head of the brewery where I worked, was able to say/write wonderful things about me (at the send forth ceremony organised for me, even though I had only reported indirectly to him for about 11 months) including the following:

Tayo, I honestly believe you are one of those who will succeed at anything he does. Your commitment and effort has been outstanding….Thanks for all your hard work since I’ve been here – you will be sorely missed. I don’t need to wish you good luck, you have the ability to make your own luck. – Andy“(R. Jones)*

*Operations Manager, Guinness Nigeria Plc Benin Brewery, December 2001(Handwritten comments in farewell/xmas cards sent to Tayo Solagbade following his resignation to start his own business).

My study of the writings and lives of many entrepreneurs in some cases support this option(i.e. quitting your job), while others lean towards the other. It is up to you, to consider the examples provided through this article’s narration of what others have done(coupled with its analyses), and then come up with your own decision. Back to top

“Twenty years from now, you will be more disappointed by the things you didn’t do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbour. Catch the trade wind in your sails. Explore. Dream. Discover.” – Mark Twain

Attract Profitable Paying Clients (With This Thinking Habit)

The habit I describe in this post is a silent weapon used by smart thinking salesmen and business owners to record highly profitable sales even when they are dead broke (especially then).

Its successful use is based on the practicing individual’s self-belief. It does not matter what line of business you are in or how many years you’ve been in it. Once you can display unshakeable self-confidence in relating with others about what you do, you will attract people who will gladly reward you handsomely for your product or service.

You will discover that the clients, who come to you through the use of this strategy, will often not even try to negotiate your fees or prices. That’s how “sold” they would be.

Note that the clients may come via offline and/or online channels. I would say – based on my personal experience – that smart use of this thinking habit in your online marketing can yield greater returns.

But What Is This Amazing Thinking Habit?

What can make seemingly heaven sent clients come your way as described above? Well, I’ll tell you. It’s the ability to habitually hide your need, and show your skill in marketing your products, services or yourself.

I’ve used the concept for over a decade. But a simple yet powerful quote credited to the late business philosopher – Jim Rohn – puts it quite eloquently in words:
                                      
Learn to hide your need and show your skill” – Jim Rohn

Mr. Rohn’s admonition is simple common sense isn’t it? But the human mind is such a stubborn creature. It can be so difficult to tame – and control – if you’ve let it do what it likes for most of your adult life. That’s why some competent service professionals find themselves getting literally pulled around by the nose by unappreciative clients.

How Difficult Can This Be To Practice You Wonder?

Well, when we’re all together in our cosy meeting point talking about it in a relaxed manner, it rarely sounds difficult to do. But what about when you’re short of work – and you’re looking for new clients? Especially during those periods when your pockets are almost empty – or your bank account balance is hovering dangerously close to zero?

Do you feel confident at such times? Be honest now!

There are many people who – when feeling fairly financially safe – would confidently say NO to a client offer they find less than adequate. But these same people can be surprisingly willing to work for next to nothing (out of sheer desperation), when they find themselves going through a rough financial patch.

Like I wrote in an article about six years ago, never let your bank balance determine the level of self-confidence you have at any point in time. It’s a sure to damage the credibility and respect you have before clients. If you harbour such a weakness, it will be eventually uncovered by a client – who may readily play on it, to his own advantage.

Become Skilled At “Strategic Management” Of Your Personal Information

In war, opponents play mind games, and never let the other party know the true condition of things in their respective camps. Why? It’s common sense. Hiding your true situation puts you in the best position to compete effectively.

When your forces are depleted, the last thing you want to do is announce it – otherwise the other camp may change their battle plan to exploit your resulting weakness. Strategic deception has been used by war generals for centuries. And the same principles have been successfully applied in business for years as well, by the most successful companies.

A good book that teaches the importance of using strategy in war, in a way that is applicable to business is Sun Tzu’s “Art of War”. Get yourself a copy of that book.

It’s filled with nuggets of wisdom that can help you win battles without breaking a sweat. I should know. It helped me do just that less than three months ago with an old client.

(Most) Prospects/Clients Won’t Show Their Need – So Why Should You?

This is the one that I feel too many struggling (and desperate acting) entrepreneurs forget too often. While you’re busy thinking you need the money the potential client you’re meeting with is offering, how can you be sure s/he is not desperately in need of YOUR services as well? How can you be sure she’s not pretending so you won’t be able to tell that she badly needs your help to solve the problem she’s having?

The answer is you may never be able to tell. And in the same vein, she will also never be able to tell about you, unless you show your need to her.

In other words, quite often both of you may need each other equally – or the prospect could even need you more. However, when you go to her acting subdued or being too eager to please, she will naturally assume the opposite is the case i.e. you need her more than she does you!

See how a slight change in mindset can dramatically affect how much you earn as an entrepreneur? In just a few seconds you can sell yourself short to win a new client by presenting yourself approaching the client from a position of weakness.

What You Can Do: Develop a System to Hide Your Need & Show Your Skill

I have tried to be flexible, in response to pressure from seemingly well meaning clients. Guess what I found out? The more “flexible” I tried to be, the more they demanded that I try even harder – and the less willing they became prepared to pay to have that?

It did not take me long to realize that kind of relationship made no sense whatsoever. I asked myself some hard questions and I realized that I’d actually done what they asked NOT because I felt they were right, but because I wanted them to see how cooperative I was, so they would give me the job.

Unfortunately, what I failed to realize was that if I was going to make any decent profits, I could not afford to let my clients see that I was prepared to bend over and even break to have them hire me.

From the day I stopped working like that, and began relating with both clients and prospects more self-confidently and professionally, something wonderful began to happen. I suddenly found that I got what I asked for more often.

And the clients in many cases went on to give me more work. For instance, some initially hired me to build an automated spreadsheet application, later called me in to build another, or to develop a web marketing system for them.

TIP: Decide How You Work, and Stick With It

To achieve the progress described above, I (among other things) developed my own documentation spelling out how I did business (including payment options, terms of service, standard delivery durations and conditions for handover). Once I send it to prospective clients I rarely have difficulty getting them to pay for work I do.

There’s something magical about putting something down in writing or print – even if it’s digital i.e. in form of a PDF document. Add your logo to it. State the name, job title and contact details of the client. Indicate advance payment required; delivery duration (where applicable stating conditions e.g. “Assuming there are no strikes or other delays etc”).

But even more important were the conversations I had with potential clients/customers.

Like I’ve said elsewhere, I began asking prospects to pay a specific fee 100% in advance if they wished to meet/speak with me (after reading my stuff online), to discuss their project. I made it clear that the money was 100% deductible from my fees if they went on to hire me.

This singular strategy helped me get rid of people who were simply curious, and at the same time attracted those who were looking for a reliable provider. My insistence of such an unusual condition, in spite of the risk of loss of business apparently inspired confidence in most of those who really needed my help.

When you have good systems setup to present you from a position of strength to prospects and clients, it can be a great confidence booster – for both parties!

However, the best way to build your own self-confidence is to ensure that you know your stuff inside out. Be competent, and strive perpetually to stay on the cutting edge of new developments in your field. When you meet a prospect or client that will show through. And your need will never show its ugly face to a prospect or client again!

Six Smart Steps To Market Your (Farm) Products Online

The use of the word “smart” is deliberate. It’s meant to represent anything you do to boost your business’ marketing performance which does NOT make running your business more cumbersome or expensive.

In this write-up I discuss six steps you can take, to create an online presence that can attract high profile bulk buyers for your farm products.

In applying the ideas offered, I propose you explore agreeing short to medium or long term contracts with intending buyers as your products are available.

1. Build A Smart Website

It costs very little today, to get a domain name and website hosting account setup. And making your website “smart” will cost you next to nothing, if you’re willing to DIY.

Use A Content Management System (CMS): Either Joomla! or WordPress is recommended based on their relative popularity, and availability of support communities. It’s likely the hosting account you already use is CPANEL powered. That means you have INSTANT access to the aforementioned open source software – just login to your CPANEL account and click on the Fantastico De Luxe link in the panel located towards the page bottom.

WordPress is easier to learn. Joomla! has a fairly steep learning curve. Both are CMS – they allow even a non-technical user easily update her website without the help of a web designer. And the CMS come with plugins that add extra functionality.

Have your website setup to offer standard information about your farm business (About Us, Products, Services, Contact us etc).

2.     Setup Smart Social Media Marketing Channels

People on Linked In already have a mindset to do business. Unlike Twitter and Facebook enthusiasts who just congregate in a marriage of multiple unrelated interests.

Having said that people belonging to the latter group can still be your potential customers. This is because some are CEOs, and others may be event planners or hosts that could need bulk supplies of your kinds of farm products.

Build a "professional" profile for yourself on Linkedin.com. Add a page for your company.  Then setup accounts on Twitter and Facebook as well.

There’s little to lose since they’re free to use. But DO NOT do so if you are not prepared to keep them updated with new and relevant content. Integrated automation tools like RSS Graffiti can help with updating multiple media simultaneously. Add social media share buttons, including Facebook comment boxes etc to your website.

On social media, your regular publishing of useful information will attract attention from people who fit your target audience profile, but do not know you. Since they belong in the network of those who do know you, they’ll get intermittently exposed to your stuff.

Over time, they’ll come over to see more. And may signup or contact you via your request form. But you will have had no conscious involvement in making it happen. These kinds of people often end up being more profitable to do business with.

3. Use Smart E-mail Newsletter Marketing

Setup a smart e-mail newsletter subscription system. Mailchimp.com offers a good one that has a free starter level account suited to the needs of most SMEs.

You’ll need to capture prospects’ email and phone details. That requires an aggressive content creation strategy that will keep your website constantly brimming with new content considered valuable/useful by those who belong to your target audience.

When people visit your web presence i.e. your website/blog and social media pages, the trail of your content should lead back to your subscriber recruitment system.

Getting them to signup when they arrive can be induced by offering incentives like contest prizes, or say free reports on eating healthy farm products or even a special educational publication on caring for/rearing farm animals.

As your list grows, nurture it. Build your brand. Make a statement by launching and sustaining at least monthly newsletter broadcasts to subscribers. People will pay attention only if they see that you take yourself seriously.

HINT: Tell stories, or describe case studies based on occurrences  in your farm business. Tell them how you solved a problem. Describe how you developed a better process.
Relate it to your ability to consequently produce greater output or better product quality. Be generous with pictures that present your farm enterprise in a way that builds credibility for you, in the minds of the readers. Delight them with exceptionally useful content on a regular basis. Do it so well that they come to look forward to it.

Monitor their interests by using an automated system (e.g. Mailchimp) that lets you know how many open the emails you send; which of your links they click on etc. That insight will help you understand what interests them, and guide you in creating additional content..

As you do all these, sprinkle special offers to supply farm products in bulk to hotels, bars, restaurants and even social events. Use images and pictures showing your live or dressed farm products to demonstrate their appeal.

Over time, you’ll notice how your readers begin to make enquiries. It works, I tell you!

4. Join Smart Online Local Directory Listings

A local example is www.nigeriagalleria.com. You can greatly increase the chances of getting your farm business discovered online, by getting on as many similar high profile listings as possible. This is a no-brainer as far as I’m concerned.

Important Note: Even if you have to pay, it’s always smarter to signup for a package that allows you display you website URL and email address.

That way, interested persons can follow up with you by going to your website. And from there, your carefully orchestrated web marketing system would take over.

5. Streamline Content Updates Using Smart RSS Feeds

When you publish new content on your website, syndication tools like RSS Graffiti can immediately display it in your social media channels. That’ll save valuable time and money. You’ll free your mind up to monitor results, and also think up new strategies.

Proceed as follows: Setup RSS feed for your blog via Feed burner, so you can monitor the number of subscribers. Then use your Feed burner URL to setup your RSS Graffiti account. That way, anytime you publish a post on your farm’s blog/website, your social media channels are instantly updated.

6. Adopt 80% Smart Phone Based Content Update

I don’t care how cash strapped you think you are. As a business person in the 21st century, to implement this kind of web marketing plan, a smart phone can help you.

You should be able to manage 80% of your website content updates from your mobile. It’s the key to your web marketing success.

Over 90% of the content updates and even site changes that happen on my websites happen right from my smart phone. And that includes highly useful insertions of quick HTML code enhancements to my blog posts.

You may not need to go that far, but at least know how to add new posts and quickly post links to your social media channels using smartphone apps.

Respond promptly to web based enquiries, and requests that the systems you set up are likely to generate.

In doing my work, I’m able to make things happen wherever I am – including sending out my newsletter broadcast from my mailing list manager account. While visiting with relatives or attending an event, I can finish editing a new article and publish it on Ezinearticles.com.

Just this evening, I sent a non-print PDF version of my Feed Formulation Handbook to a farm business owner in Ogoja, Cross Rivers State. This was after he’d paid the required fee in full upfront.

He never had to meet me to make this happen. A Google search had brought my website to his attention. He’d read the sales page, submitted the request form, and subsequently followed the instructions in the auto-response.

Only after he had done all that did he need to get in touch with me. And I have since fulfilled my end of the bargain – all from my Blackberry smart phone. I’ve lost count of the number of times I’ve done this.

TIP: Get a smart phone with web connectivity enabled. If possible, use it as a modem on your PC, for those times you may wish to work on a larger terminal.

What If It’s Not Working?

Oh, it will work, I assure you. You just do your bit as spelt out above. If you follow those guidelines, you WILL get the results I’ve specified. It’s not a matter of if, but when.

And that’s where your business passion and conviction comes to play. Do you enjoy doing what you do i.e. running a farm business?

If yes, then nurturing what will become a self-sustaining viral marketing system will not feel like a chore. I can tell you from my experience selling farm business related information online, that it won’t take long before those potential buyers start knocking.

However, not everyone can implement this kind of plan, while running a farm. So, if you find yourself struggling, stop and make changes e.g get an employee to do it? If that does not work outsource it.

Don’t start this if you’re not prepared to do what it takes to keep it going.

Goodluck :-)