The Future Of Business – If I Were A Carpenter

If I were a carpenter, what would I build? I think of carpenter’s a builder’s, in fact, I think of entrepreneur’s the same way. Business owner’s used to be builder’s, but something happened, they were lulled into management mode. Carpenter’s are also builder’s from the industrial age, the art of carpentry is a dieing art, well at least the way we think of it. But that’s the point, how we think.

I have said many times, over and over again, it’s the tag on this blog, Mindset trumps skillset everytime. How we think about building, how we think about our business, how we think about everything really, it’s all changing and we are not. I was sharing with Chris Brogan on Kitchen Table Talks last week about how the this area has yet to embrace a new way of doing business. The new way? Becoming a social business, a human business. What are we so afraid of?

If I were a carpenter, I would build a business that opens your mind, that shares this new concept, this new open & free business model….wait….I have built it, but is it done? There’s another problem, we think in terms of being finished, social businesses, human businesses are never done. Do you think your relationships with people and businesses are ever finished, no. So why do we think, just because we are building a business, it will be finished someday? If you think you are finished, you will be. Think about that for a moment, let it settle for a moment.

You see, my business, I hope it is never done, I hope it draws you in, I hope it causes you to question the status quo….always. My prayer is that you will want to learn new ways of adopting the new way of doing business, if you don’t, someone else will, and your business will be finished.

There are some incredible people out here on the Internet sharing, (far too many too mention here) all the time, teaching you to see business differently, you want to but….you seem to fall back to what you’ve always done. It happens everytime you get into management mode, new ways are too hard to implement and maintain in your head, so you do what you’ve always done. Push back as hard as you try, time gets you everytime.

Imagine if you, just for a moment, what if being a carpenter was just invented today, what would you build? You build something that no longer works, or would you invent something new?

I challenge you, ask yourself the question based as if being a carpenter was invented today. If you were a carpenter, what would you build? A traditional business? probably, but I would suggest a different model. I would build a very open and free business model, a social business, a human business. What say you?

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Is Your Business Community Listening?

Is your business community listening? I ask the question in all seriousness, I’ve discovered the business community in my area is very much asleep on social networks. It’s not only sad, but alarming at the same time. The problem is more about marketing, or how they acquire customers, after all, everyone wants more customers right?

It doesn’t matter what market sector you belong to, most still use social networks no different than they use newspaper, radio & television, they sell till their blue in the face. Yelling their heads off and hoping you will pay attention, you will be convinced to come to their businesses and buy what they were yelling about.

I’m going to share a very small case study with you, and I am the case study. You see, I have made it known on social networks, primarily Twitter, that I am shopping for a new fridge, hardwood flooring, and that I am painting two rooms called the Kitchen & Family room. I’ve been sharing that home upgrade project to all who follow me, and of course the many in the town and area where I live. Something interesting happened, nothing!

I’m surprised for a few reasons, for one, I have one of the largest followings in my area. Two, I hold workshops and teach business owners and entrepreneurs how the future of business has changed, and will continue to change. I even teach them how to listen in social networks. Three, I do a considerable amount of public speaking, to Chamber of Commerce groups and the like, on the very topic, and the future of business. Four, I was certain business owners in my area were actually listening and paying attention. I was wrong.

I even went so far as to Tweet this:

I was, I am that customer, I’m doing household improvements, I’ve been sharing, I truly believed that a business in my area would have been listening, paying attention, and would have connected with me, but nothing. I am not only disappointed, but actually surprised. The fact that no one contacted me to do business, this had me wondering, how many others like me on Twitter (put your favorite social network here)had money to spend but businesses aren’t around to get it. Why do local businesses ignore this apparently untapped market?

I’m even more surprised when I see these social networks getting so much air play on TV, Radio and to a lessor extent newspaper. It’s like saying you don’t know Jesus, but everyone has heard about him. Yes, he is still ignored by the masses too : )

So how is it that a city of 150,000 have missed this opportunity, they are leaving money on the NET (table), they are not listening here on social networks. I am just one of many that I know who are doing home improvements, we’re blogging, Tweeting about our projects, and yet not one business has contacted us.

Imagine, if one person (me) has 20k to spend on paint, hardwood flooring, and appliances and you had been listening on Twitter, your business could of had that business. But what if there are a 100 people like me with that kind of money to drop on goods and services. And as I mentioned, I’m not alone, there is potentially 100k up for grabs with the few friends I know in the same position.

There’s much to be said about marketing and advertising on social networks, but more needs to be done about teaching business owners how to listen and find customers like me.

That’s it, a short case study of me, a 20k bill waiting to be collected, and no one was paying attention. Imagine that. Many of the big name social media marketers preach to listen, to grow bigger ears, and yet, like common sense, there appears to be a huge shortage. When are you going to catch up, the tidal wave is coming, don’t be looking the other way, because your business will lose people like me.

So how would you fix this listening problem in your business community?

One might consider this a business opportunity, educating business owners. Oh and by the way, it’s too late, I spent the money already.

Is your business community listening?

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Brands Built Without Advertising

Brands built without advertising, it sounds impossible right? I can’t imagine anyone saying you should never advertise, and when is not a good time to advertise? It’s a mystery for sure, but there are some huge brands out there that indeed did not advertise, and you know them very well. What a concept, that’s like saying, let’s give everything away and we will make money. Well, that is true also, competing with major companies by giving away core product and services is hard to walk away from, it’s even harder to compete against FREE.

But I’m not interested in talking about free, I want to talk about free from advertising, as in not advertising and still making billions. Imagine that, no advertising and creating a huge cash machine at the same time. How you ask, that’s the 64 million dollar question isn’t it? I mean, if you knew the answer, if we all knew the answer, we would have these mass fortunes ourselves. It’s not as simple as not advertising, but it’s close, it’s called Word Of Mouth, sound familiar? We practice it everyday on Social Networks.

Have you heard of Wayne Gould? He is the creator of Sudoku, the secret of Sudoku’s success was this, he offered the Times an endless supply of puzzles at no cost, there’s that FREE again. He offered the free puzzles with one request, that the times put a tiny credit on each puzzle, his website URL. Mr. Gould never purchased any advertising, it was a barter of sorts. The rest as you know it, is history.

Imagine this, you can’t just walk in a buy this car, you are selected. That’s right, no matter how much money you have or the position you hold will get you in the door. This brand has yet to purchase advertising, not one dime. Why? Because their customers are their marketing. They rely on word of mouth, special events and Social Media. The car? Ferrari.

With over 90 Billion in sales, this company has yet to purchase advertising, and you most likely are a card holder. COSTCO. Imagine gaining 66 million members that pay $55 or more for the privilege to shop, access to the COSTCO buying power is at your finger tips too.

This next one surprised me, The Body Shop. You’ve seen these stores everywhere, in every mall, and they don’t buy advertising. With no marketing department, they relied on one thing, a clearly stated purpose that the public could align their values to, not too mention word of mouth. With over 2,500 stores in over 60 markets worldwide, the business model seems to be working. I love this quote, I grabbed it off the Body Shop website:

“The business of business should not just be about money, it should be about responsibility. It should be about public good, not private greed.”
-Dame Anita Roddick. Human Rights Activist. Founder of The Body Shop.

As crazy as it sounds, using FREE and Word Of Mouth can build a massive brand, maybe even an incredible way of life for you and the many being served by your business. It’s all possible, it also comes with a price tag called work, lot’s of it. In building anything there is always some level of risk, but these are examples of how a simple idea can lead to something far bigger than you ever dreamed of.

You don’t have to build a business of this magnitude, but you can build a legacy that provides a modest living. What’s your dream dynasty, what does it stand for and against?

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Is Your Business Normal?

Is your business normal? I attended a seminar recently, it got me to thinking, mostly about businesses and two questions I like to ask them. Nothing earth shattering, but it might be to you. If you are an entrepreneur or business owner, we tend to make one big mistake, and it’s a simple thought to keep in mind:

We only accomplish what we aim for.

If that’s true, there needs to be more don’t you think? We accomplish one goal but didn’t set a goal beyond the first one, a sure fired way to fade off into obscurity.

Another area I was contemplating, was on is sales, or leads, or seeds. I’ve learned the more seeds you throw, the bigger the harvest. Are you throwing lots of seeds? Keeping things simple is best, why? Because simple is hard enough.

Two questions I like to ask business owners / entrepreneurs are:

1.) What business are you in?

2.) Hows business?

Not very complicated is it, but lets be honest, there are many, many businesses that don’t really know what business they are in. That should be addressed immediately before trying to measure the second question. Because if you don’t no #1, #2 doesn’t matter, the answer will most likely already be known.

If you are doing business as normal, or usual, you’re probably finding no one follows normal anymore.

So, ask yourself if your business is normal, if you answered yes, then make it your mission to be business as unusual. Because if you don’t, you will be ignored, maybe even considered obsolete, being normal means you’re most likely not making a difference and or shipping. Consider a 3rd question, if your business closed it’s doors today, would anyone miss it?

 

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What’s New & Exciting For 2012?

This year, 2012, is a year where we all have great anticipation of special things to happen, hoping life treats us better than it did the year before. I’m no different than you, I’m struggling with much the same issues you are, just differently.

This morning I was asking myself a simple but yet complicated question, I’m going to be 55 this year, and I’m looking ahead at the next 20 years. Should I have them. What do I want to do with what may be the last 20 years I get to live? I mean what meaningful work do I want to pursue and deliver, or execute, better yet ship. How was I going to help you for the next 20 years, should you let me.

You already know how much I love to help people, you already know that I’m passionate about the business community, you should also know that I am concerned for mankind when it comes to technology. But those things don’t mean much, especially when the metal meets the meat.

One of my passions is to bring light to business start-ups in my area, I’m also looking outside of my community area. I haven’t done a good job of this just yet. Public speaking and workshops are cool and fun, but they don’t generate revenue for my clients the way good old fashion PR & Marketing do.

What I mean by that is this, I can show you what’s coming, I can tell you what you might do about it, but no one knows about you, not in the way the Future Of Business will require. You’ve read it, you’ve heard me say it, there are 2.1 Billion people on the Internet and there are another 3 Billion plus coming. How will you be found, how will you be heard, and most importantly, how will you generate revenue?

With that in mind, I’m going to be doing something extra around my workshops and public speaking, and my webhosting business, I’m going to help promote your business, or business idea for you. It’s simple really, I’m going to be doing Podcast interviews of businesses doing something interesting, something great, these interviews will be done via Skype and then released on my Blog with links to your business.

I’m looking for business start-ups to interview, if you know of one, maybe it’s yours, send an email to interview@owengreaves.com and lets talk about your business. I want to know some basic information, like what you are doing, how you are doing it, how long has your business been doing business, what’s your vision for your business, how is your business making the world a better place, and most importantly….what’s your businesses story?

Every business wants and needs exposure, qualified exposure, and it is my desire to help you by interviewing you and publishing those interviews all over the Internet.

If you know of an interesting start-up, or you are starting a business of your own, let me know, and let’s talk about a possible interview. So what’s new & exciting? I would love to hear from you.

Good luck in 2012, and thanks for being a part of what I do here at Owengreaves.com

Many Blessings,
Owen Greaves

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