Episode 539 – The one thing that exploded my business
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The phrase “Work On It, Not Just In It” has been part of business vernacular for more than 35 years, ever since Michael Gerber coined it in The E-Myth Revisited. Its message speaks to so many entrepreneurs who can’t see any other way to do business than to build a business around their own ability to get things done. This expression is the key to escaping this ultimately suffocating condition, to creating a business that doesn’t depend on you—one that consistently generates the results you want without you having to deliver them personally.
But, what does “Work On It, Not Just In It” really mean?
At EMyth, “Work On It, Not Just In It” encapsulates the shift in thinking you need to make in order to create a business that really works—a business that really works for you. It’s a shift in perspective that has everything to do with recognizing that the purpose of your life is not to serve your business. The purpose of your business is to serve your life.
So, why is it so important for you to shift your thinking in order to build a business that works? Let’s go back to the E-Myth: the Entrepreneurial Myth.
The E-Myth says that, regardless of how much you may identify with being one, it’s a myth that most businesses are started by entrepreneurs. By our definition, “Entrepreneurs” are people who go into business with a vision of a company they want to create—people who don’t rely on their own effort and ability to produce results.
In fact, most businesses are started by what we call “Technicians”. These are people who create a place to go to work for themselves, and make the fatal assumption that understanding the technical work of their business means they’ll be able to successfully build a business that also does that technical work.
It’s an assumption that’s simply not true. It’s not only the primary cause of the failure rate of businesses—half of all businesses never make it to their fifth anniversary—but also leaves the remainder in survival mode. Many are just hanging on. Others have lost their passion, just not having fun anymore.
Here are some examples of what we mean:
If you’re a graphic designer, you may have the technical skill to produce superb visual communication through type, photography and illustration, but it doesn’t mean that you understand what it takes to build a graphic design business that can make a promise to its customers and keep it every time—consistently and predictably.
If you’re an electrician, you may be so technically savvy that you can wire a building the size of the Sears Tower in Chicago, but it doesn’t mean that you know anything about building the marketing, finance, management, lead generation, lead conversion, customer fulfillment or leadership processes that every successful electrical contracting business needs.
If you’re a real estate agent, you may be outstanding at representing clients who are looking to buy a new home or sell the one they have, but it doesn’t mean you’re prepared to create a real estate firm that can thrive whether you’re there or not, leaving you free to live the life you really want.
If you’re a Technician at heart, you’re not just passionate about the product or service you deliver—you’re also really good at what you do. From the very first day you went into business for yourself, you’ve been relying on your personal ability to get things done, because no one does it better than you. It’s almost heroic what you’ve been able to accomplish!
And, it’s just not enough. It can only get you so far. At a certain point, you can’t help but feel the impact of all the demands of owning and operating a business that you just weren’t prepared for.
Trying to stay on top of it all can be pretty overwhelming. You can spend a lot of time working without feeling like you’re getting anywhere. It’s a tragic expenditure of time and effort.
But it just doesn’t have to be that way.
Working on it, not just in it can change everything.
Episode 539 - The one thing that exploded my business
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The phrase “Work On It, Not Just In It” has been part of business vernacular for more than 35 years, ever since Michael Gerber coined it in The E-Myth Revisited. Its message speaks to so many entrepreneurs who can’t see any other way to do business than to build a business…
Welcome to episode 538! Today we’re talking about ideas for creating content for your site, podcast, social media, and newsletters. All of the wizards of smart and studies say the same thing when it comes to building a brand and promoting your business, content is king. The challenge for most small business people is creating it.
In past episodes we’ve shared about AI software that will do a lot of the grunt work for you in creating content, however there is one thing it won’t do and that’s start the idea. What do you talk about? How do you get an audience to engage? What will connect and resonate? All of these are questions you’ve probably asked when thinking about creating your content.
So in this episode we’re going to dig into 29 ideas that should help you in creating better more engaging content to help build your brand, drive more traffic, generate more leads, and ultimately increase your sales.
29 content ideas
1. Create a daily, weekly or monthly series
2. Run a contest or giveaway
3. Host an AMA “ask me anything”
4. Run a social media takeover “give the keys to someone else for a special”
https://youtu.be/gEGMgyFiQb8 Welcome to episode 538! Today we’re talking about ideas for creating content for your site, podcast, social media, and newsletters. All of the wizards of smart and studies say the same thing when it comes to building a brand and promoting your business, content is king. The challenge for…
Digital Marketing is constantly changing, and it can be very hard to keep up. However, there are some trends that seem to be more pronounced than others. In this post we will review the top 5 digital marketing trends that are currently happening right now:
AI
AI is the buzzword of 2018. And for good reason. AI is an umbrella term for a variety of computer technologies that seek to simulate human intelligence. It’s about getting computers to think like humans and learn from experience, use data to make decisions, solve problems, and carry out tasks in ways that are similar to humans. The practical application of this technology has been around since the 1950s but it’s only recently that we have seen significant advances in AI technology due largely to advancements in computing power and huge amounts of data being available via social media channels like Facebook or Instagram. Nowadays there are many different types of artificial intelligence including machine learning (ML) which is a form of statistical analysis where programs or algorithms learn from previous experiences so they can make better decisions without being programmed specifically for each situation; deep learning which uses neural networks (networks based on how neurons work) as well as other techniques such as reinforcement learning (RL) where systems learn through trial-and-error rather than through programming; natural language processing (NLP), which enables machines to understand human language so they can communicate effectively with us; game theory modelling where intelligent agents attempt take actions that maximize their own rewards while considering those same actions carried out by other agents within their environment; swarm intelligence whereby groups cooperate together towards a common goal such as finding food sources or avoiding predators; quantum computing which uses quantum physics principles instead binary logic used by traditional computers such as bits represented by ones or zeroes – could hold promise for unlocking new forms artificial intelligence such as quantum search algorithms that could run much faster than conventional methods because they rely on manipulating atoms rather than transistors
The use of AI
As the marketing landscape changes, it’s important to stay on top of the latest trends. You can learn a lot by observing what your competitors are doing and listening to new ideas from industry experts. One thing that we’ve all learned is that artificial intelligence (AI) will be a major player in digital marketing in 2019.
In case you’re unfamiliar with AI, it’s essentially an approach to problem-solving that involves algorithms “learning” from data and making predictions based on those patterns. This can include things like determining which ad campaign would generate the most revenue for your company or choosing which search terms should go into an advertisement copywriting formula.
AI has been around for years now, but as more companies invest in this technology and apply it across their operations—from product development to customer service—it’s become increasingly useful when it comes time to determine how best allocate resources within these departments too!
Video
Video is a great way to show people what you do. It can be used to educate and inform, entertain and inspire, or build trust. Video also allows you to create a more personal connection with your audience. If they’re watching something they enjoy, they’ll be more likely to pay attention when you need them to take action.
No Click Search
Google has begun a new search engine called “No Click Search.” The idea is that you can search without clicking. You can do it by voice or by drawing. This is a great way to get people to use your site without them having to click on anything!
Mapping our customer’s journey
Understand the journey your customers take to get to your offer.
Top 5 Digital Marketing Trends Digital Marketing is constantly changing, and it can be very hard to keep up. However, there are some trends that seem to be more pronounced than others. In this post we will review the top 5 digital marketing trends that are currently happening right now:…
Today we are talking about advice that has helped others in their business. Everyone has an opinion and to the degree the opinion can bring positive growth to another it has value. However what makes these opinions offered as advice is they come from a wide spectrum of experienced business people. Even more special is these are business owners and professionals that are not up in some ivory tower, on a book tour, or a featured talking head on some show. No these are real people, running real businesses, in the real world. So their advice is practical, profitable, and to the point on what it takes to start, scale, and support a small business.
Advice from small business owners
Greg Hayes
The only way you fail is to stop trying
The best customers are built by building a relationship with them
The eyes eat before the mouth …..in other words appearance is key in product
Never undersell yourself
If you sell cheap the clients will be cheap
The best customers are the ones who wait in line. ..they want to be there
Repeat business is a necessity
If the customers children bring them there you have a multi generational advantage
All advice is good advice..lol
Everette Murray
If you don’t take care of the customer, someone else will.
Neil O’Reilly
Watch the TW3 podcast religiously.
Mike Duncan
If you can only eat noodles because you can’t afford steak, keep eating noodles when you can, so you can keep investing back into your biz.
Terry Armour
Don’t start a machine shop even though I had a business plan in the mid 90s because everything was going to china
William Israel
Never give up
Patrick Yancy
Solve prospect/client problems and you will find eternal success.
Get a free copy of You Are Worth More today!
Go to https://youareworthmorebook.com
After reading this book you will discover:
1. What your unique value is
2. How to leverage it
3. Why it’s imperative for you to succeed
4. Where you can use your value to increase your income, enjoyment, and experience
Introduction Today we are talking about advice that has helped others in their business. Everyone has an opinion and to the degree the opinion can bring positive growth to another it has value. However what makes these opinions offered as advice is they come from a wide spectrum of experienced…
Proximity marketing is a relatively new technology that’s been gaining steam in the retail and restaurant industries. It allows store owners to track customer movements, then send targeted messages to the phone of people who have entered the store or are near it.
The technology can help retailers with their marketing campaigns by giving them access to real-time information about customer behavior. For example, if a customer walks into a clothing store, proximity marketing software can tell you whether they make a purchase or not. If you’re trying to encourage customers to buy more than one item at a time, this information can be really valuable—you’ll know exactly when someone is ready for another purchase!
This technology can also help restaurants attract more customers. If you’re trying to get people into your restaurant during off-peak hours (for example, when there aren’t many other places open), proximity marketing can be used to send out notifications about discounts or specials on particular days and times when they’re likely to get more foot traffic than usual.
Let’s Connect!
If you would like more information on how we can use the TW3 app and new transmitters to capture and convert customers for your business then text or email us today by going to https://terrywilson3.com
Proximity marketing is a relatively new technology that’s been gaining steam in the retail and restaurant industries. It allows store owners to track customer movements, then send targeted messages to the phone of people who have entered the store or are near it. The technology can help retailers with their…