Thursday, May 15, 2008

How to avoid reader fatigue in your subscribers.

How to avoid reader fatigue in your subscribers.
There's some buzz I've been reading about in forums and on
blogs about what's known as 'reader fatigue.' This is the
condition that happens when you, as an individual, are
confronted with sixteen hundred gazillion blogs, email
newsletters, forums, and pdf downloads and you just get fed
up with it.

I can relate.

Unfortunately, when you switch hats to being a business
owner, suddenly you don't want to relate. You want people
to read your emails, blogs and pdfs. Each unsubscribe, or
ignored feed, or deleted pdf is like a stab to your heart,
and a leak in your business.

Oy! Is it hopeless? I don't think so. But first, let me
explain something about the last five hundred years or so.

A strange side road in human history.

For thousands of years humans have been social creatures,
hanging out in tribes, bands, extended families, and small
villages. Then, something funny happened.

In 1493 AD, Johannes Gutenberg invented the printing press.
Suddenly it became easier to put out content, and you no
longer had to rely on person-to-person communication.

Of course, it took a few hundred years for literacy rates
and technology to make it truly powerful. In fact, with
broadcast media like radio, television, and other moving
pictures, large audiences could be mesmorized by another
human being.

After a few decades, the thrill started to fade, even
though the special effects were getting more intricate and
loud.

Finally, finally, in the mid-1990's, technology caught up
with human nature.

The internet began to break up the party. Individuals were
no longer trapped by mass media. They took control of other
avenues and began to expect what every human being has
expected since the dawn of the brain: the ability to talk
to one another.

Thus millions of blogs are launched. Companies and
institutions can no longer hide behind the corporate moat
and drawbridge.

That's all fine and good, sure, but what does that do about
reader fatigue? And should you even bother jumping into the
fray?

What is reader fatigue? Reader fatigue occurs when truth is
absent. What I mean is that when someone combines the
expectation of holding a large, mass audience and an
intimate conversation at the same time, they trip over
their own typing fingers.

By trying to do two things at once, they do neither one
well, and totally lose their connection to truth and heart.

Reader fatigue is a bit of a myth. Amazon is still doing a
lively business in book sales. People are still reading,
perhaps more than ever. But, because we now have more than
just three television stations available, people are
deciding where to put their attention.

And people put their attention where truth and love are,
where connection, support, compassion, and learning are.
I'm guessing that's where you put your attention.

The lesson?

Don't let the threat of reader fatigue hide your truth.

Just because there are millions of conversations going on
around the world at this very instant doesn't mean your
friends don't want to hear what your truth and receive your
love. Stand up, speak what you have, and listen to those
who respond.

As business owner, you may never reach millions of people.
But, by being who you are, and speaking the truth to those
who need to hear from you, you'll be contributing
meaningfully to your tribe and your clients. You'll be in
the conversation.

So how do you step in? Let me give you a few pointers that
have helped me.

Keys to Joining the Fray • Write like you, um, talk.

Many of us were taught to write in elementary school
according to archaic and academic styles of writing that
leach the very juice of life from your writing.

Have fun. Say it how you would say it to friend. Forget
'professional.' Sure, spell-check and make sure you're
making sense. But, like, y'know, have fun.

• Speak what you're afraid to speak.

It can be scary to speak the truth, especially if it's
vulnerable or not popular. Recently I put up a blog post
critiquing myself on a less-than-stellar public speaking
performance. Because it was a really useful lesson to me, I
posted it on my blog. Come and read it here.

Did I have thoughts like: "er... if I post this, will
anyone ever invite me to do public speaking every again?"
Sure I did. And yet, I'm here to help you, and my
commitment to you as a friend and fellow traveller on the
path of business is higher than my desire to protect myself.

So there you go. Do the same, and people will respond.

• Most people are shy, not angry and judgemental.

In my yoga class, the first few days we didn't talk to one
another. The faces of my classmates were looking pretty
stern. However, I've been on the planet long enough not to
trust first impressions, and instead introduced myself and
asked their name and wished them a good morning.

One by one each broke into a pleasant, friendly smile.
Fifteen years ago I would've thought they didn't like me.
Now I know they're just shy.

In many cases it's up to you to start the conversation, and
to keep it up long enough for people to warm up, lose their
shyness, and connect. If your first email newsletters or
blog entries don't garner much response, keep at it. People
will warm up- they're longing to connect to authenticity
and love.

It's been said a million times in a million ways: show up,
be yourself, and offer generously what you have to offer.
You may not end up on Oprah with a readership that spans
the globe, but you can build a thriving business with a
steady clan of people who like to read, and respond, to
what you offer.


----------------------------------------------------
Mark Silver is the author of Unveiling the Heart of Your
Business: How Money, Marketing and Sales can Deepen Your
Heart, Heal the World, and Still Add to Your Bottom Line.
He has helped hundreds of small business owners around the
globe succeed in business without lousing their hearts. Get
three free chapters of the book online:
http://www.heartofbusiness.com

Monitor Your Business Model Tests to Validate Assumptions and Learn about the Unexpected

Monitor Your Business Model Tests to Validate Assumptions and Learn about the Unexpected
Why stay with an old business model, when you could have a
better one? This takes identifying an idea you want to try.
Next, you need to validate that idea. You are now ready to
test your best ideas. By running more than one test at a
time, you speed the chance that you will verify a good idea.

You want to get into the market fast with your improved
business model. Freeing up resources from tests that are
failing can help you do that. How can you speed up the
process of making those resources available again?

Some of the tests will start to flop as soon as you begin
them. That lack of results may come from finding out that a
key assumption was wrong (for example, that it is easy to
put together a prototype process to provide the new
benefit), or from total disinterest by those who are
supposed to be excited.

Many of these tests should be immediately and permanently
stopped. Some should be re-framed and focused to reflect
what has been learned, especially where there is an
execution problem. In either case, little purpose is served
by continuing with the planned test.

At each review ask why the test should continue any further
and what will be gained. Often, the answer will be that the
test should not continue and that nothing will be gained
because as much useful information has already been
gathered as one can hope for.

On the other hand, the unexpected will often provide clues
to breakthroughs. Especially pay attention to situations
where a customer buys a great deal more than you would have
ever thought possible, and where customers ignore something
that looks like a great deal.

In the former instance, you may simply be seeing leakage. A
local unit of a national organization may be buying into
your new offering for their whole company. That means that
your test is working, but not as well as you thought.

Of even greater significance is the possibility that they
have found a new way to use your offering. Ray Kroc's first
introduction to McDonald's came from his curiosity about
why one hamburger stand in San Bernardino, California was
ordering so many more milk shake mixers than any of his
other customers.

When customers ignore something you think will expand their
use, you also have the opportunity to learn something
valuable. What were you missing when you decided to run
the test?

Copyright 2008 Donald W. Mitchell, All Rights Reserved


----------------------------------------------------
Donald Mitchell is chairman of Mitchell and Company, a
strategy and financial consulting firm in Weston, MA. He is
coauthor of seven books including Adventures of an
Optimist, The 2,000 Percent Solution, and The Ultimate
Competitive Advantage. You can find free tips for
accomplishing 20 times more by registering at:
====> http://www.2000percentsolution.com .

3 Keys to Finding the Best Online Job Postings

3 Keys to Finding the Best Online Job Postings
If you're in the job hunt now, I would bet that your #1
source of activity is searching for jobs online. In fact,
many of the people I talk with are limiting their job
search entirely to reviewing and responding to Internet job
postings.

While you'll miss out on many top jobs if you spend 100% of
your efforts online, there ARE great positions out there
for the browsing! In addition, it's a quick way to research
your ideal position, plus get solid keywords for your
resume.

Use these strategies to find better-than-average
opportunities—and increase your search ROI:

1) Tap into professional organizations in your industry.
For example, a Google Search for "IT industry Association"
yielded not only siaa.net (Software & Information Industry
Association) and tiaonline.org (Telecommunications Industry
Association), but
http://www.google.com/Top/Business/Information_Technology/As
sociations/, (Google's MASTER list of IT associations).

What can you do with such a list? For starters, many of
these organizations will allow free searches on their jobs
database. Some also publish trade magazines that contain
advertisements for open positions. In addition, you can
often find local chapters that might be running a
networking event or meeting.

BONUS: should you decide to join, professional affiliations
are a GREAT place to find like-minded individuals who are
hiring in your field—plus, the membership can be a
boost to your resume.

2) Consider some of the fee-based services for job
searching. Many high-powered jobs and confidential listings
are shown exclusively on executive sites such as Execunet
(Execunet.com), NetShare (Netshare.com), and ExecutivesOnly
(executivesonly.com).

While some of what these sites may offer more than you
need, registering with one or two can help broaden your
search efforts and give you a representative cross-section
of what employers seek. Some organizations, such as
Execunet, promote face-to-face networking opportunities
through local chapters.

In addition, registering on BlueSteps (bluesteps.com) is
often required by recruiters who want to review your resume.

3) Locate composite job engines for your chosen field.
Narrowing your search to niche job boards can produce a
higher rate of return than using the "mass marketing"
boards such as CareerBuilder or Monster, since the jobs are
often of better quality and not as well-visited.

Some niche boards contain MORE listings, since their fee
structure is more attractive to employers. Finding these
sites sometimes means paging through search engine results
for your industry plus the word "jobs."

The following is a sampling of focused job posting,
association, and recruitment sites, listed by industry:

IT - Just Tech Jobs (justtechjobs.com), Developers.Net
(developers.net)

Nonprofit - ASAE CareerHeadquarters (careerhq.org), The
NonProfit Times (nptimes.com)

Sales & Marketing - Sales Heads (salesheads.com)

Logistics - JobsInLogistics.com (jobsinlogistics.com)

Engineering - Society of Women Engineers (swe.org),
ContractJobHunter (cjhunter.com)

International - PlanetRecruit.com (planetrecruit.com), Job
Shark (jobshark.ca)

Construction - Construction Executive
(constructionexecutive.com)

Biotechnology - HireBio (hirebio.com)

To sum up, finding a reliable and quality source of
leads—whether from online or offline
resources—can take a bit more ingenuity and time, but
will pay off by producing better results for your career
search.


----------------------------------------------------
Resume expert Laura Smith-Proulx of An Expert Resume
(http://www.anexpertresume.com ) authored "Solve Your
Toughest Resume Challenges to Win More Interviews" to give
professionals a competitive edge in the job hunt and share
her secrets for a 98% interview-winning success rate.
Get Laura's FREE E-Course on "The 7 Biggest Resume Mistakes
That Can Keep You From Your Dream Job" at
http://www.anexpertresume.com/ecourse_signup.htm .

Marketing Technique - Watch Your Income Soar using the Simplified "Pie in the Sky" Marketing Tool

Marketing Technique - Watch Your Income Soar using the Simplified "Pie in the Sky" Marketing Tool
The "Pie in the Sky" Marketing Tool and method consists of
using a combination of four active and four passive
marketing techniques to create a very powerful, yet
easy-to-implement promotional campaign system.

These days, whether you have predominantly an offline or
online business, it makes good sense to use both online and
offline promotional strategies. Combining online and
offline activities will enable you reach more people; some
of them whom you would never have reached online, and
vice-versa. However, it is entirely up to you what mix of
active and passive techniques you use in your promotional
campaign.

So, what is an "active" promotional technique? It means:

1. You are personally involved in marketing activities.

2. You are physically interacting with a potential customer.

3. There exists a 2-way conversation.

Examples of active techniques are:

* Networking

* Talking on phone

* Conducting speeches/Teaching classes

* Writing emails or letters

* Product demonstrations

* Trade shows

* Grass roots marketing

Passive promotional techniques means there exists one-way
communication, and there is no physical interaction.

Examples of passive techniques are:

* Web site

* Direct mail

* Email newsletters/e-Zine

* Advertising

* Pay-per-Click

* Brochure/flyer distribution

* Publish an article or book

* Public relations

* TV appearance or radio talk show

Ideally, you will want to use a combination of active and
passive promotional techniques in your business.

The method I teach my clients to use to help them easily
identify which techniques they will use to promote their
business is called the "Pie in the Sky Marketing Method".
Each "slice" of the pie represents one type of marketing
tactic. You can create your own "pie" by following these 3
easy steps:

1. Brainstorm and write down a list of tactics you can use
to reach your market niche. Keep in mind the: - Cost

- Ease of implementation, and

- Potential success of each tactic you write down

Narrow the list to the most feasible marketing tactics,
using the above-listed criteria. Choose eight marketing
tactics.

2. Take out a sheet of paper, and draw a large circle in
the center. Draw 4 lines to create 8 slices.

3. Write one marketing tactic in each slice of the pie.

When you fill in each of your pie slices with a tactic, be
sure to include tactics (marketing programs) that speak to
your strengths. In other words, if you don't like public
speaking, perhaps instead you can interview important
people and write about what they said.

Once you have identified the chosen marketing tactics you
will use to reach your market niche, you will then attach
an implementation schedule to them.

For example, if you want to publish an e-Zine, you may
decide to send it out bi-weekly. Or, maybe you decide to
give a free talk one time per month to your market niche.
Get the picture?

The key to marketing success is consistency. You can't
expect to do something once or twice and achieve results.
Implement your chosen promotional techniques on a daily and
weekly basis, and watch your income soar!

Copyright 2008 Bonita L. Richter


----------------------------------------------------
Bonita L. Richter, MBA, founder of Profit Strategies,
teaches entrepreneurs and business owners how to market
their businesses to increase sales to generate wealth and a
lifestyle of choice. Find out more about how to market
your business and skyrocket sales with her popular and
acclaimed FREE eBooks at ===>
http://www.Profit-Strategies.biz

Advertising and Small Business: Should You?

Advertising and Small Business: Should You?
I worked in an advertising agency for 5 years and then in
the advertising sales department at a radio and television
station for another 4 years, and believe me, every client
wanted to be on the front cover, above the fold, on during
the Super Bowl, or air during rush-hour traffic.

For the bigger multi-national companies advertising was a
no-brainer in many cases - it's what they needed to do to
keep up awareness of their brand and keep top-of-mind.

The answer for small business owners was a bit different.
Some advertising opportunities were a good fit and made
sense but many times, spending money on traditional
advertising just doesn't make sense. This is especially
true if you provide your products and services to a large
geographic area - not just a local location.

In reality, there are several things inherent in
advertising that just do not make business and money sense
for small businesses and service professionals.

1. Advertising is usually a mass medium

This means that advertising is usually aimed at everyone -
it's hard to just "talk" to a niche market with
advertising. Because of the large focus of TV, radio,
newspaper and magazines, small business owners can spend a
lot of wasted money - advertising to people who aren't in
their niche target group.

2. Advertising is expensive

Because of the larger audience available via traditional
advertising (think of all the people who watch TV and
listen to the radio!), the costs associated are usually
quite high. To produce, create and run a television
commercial can run you in the 6 - 7 figures; ads in
national magazines can costs in the tens of thousands and
even radio commercials can be several thousand dollars.

3. Advertising doesn't allow for frequent exposure

Due to the high cost of advertising and the limited space
and time to purchase, it's very expensive to advertise
enough times to get noticed. We had a saying in the
advertising world that you needed to have a 3+ frequency -
this meant a person needed to see/hear your advertisement
at least 3 times before they even barely noticed it.

In this media-saturated world we live in, where we're
bombarded with thousands and thousands of messages each
day, advertising doesn't get our attention like it did in
the old days. If you can only afford to run one magazine
ad or a handful of radio commercials, you're really just
throwing your money away.

4. Advertising doesn't have the ability for strong
follow-up and call-to-action

Getting someone's attention is only the first step - you
then need them to take a specific action, such as visit a
website, pick up the phone, visit a location, and so on.
Because many times small business owners can only afford a
small ad, there isn't the space or size to outline a clear
call-to-action and next steps. Many prospects can be left
not knowing what they should do next if they're interested.

As well, follow-up is key to converting prospects into
customers and the expense and lead time of advertising
doesn't allow for much follow-up at all. Again,
prospective clients are lost due to advertising's inability
to provide follow-up.

Advertising has its place and can work for small
businesses, but there are many more cost-effective and
high-impact marketing strategies that you can employ to get
a return on investment much quicker, effectively and
consistently.


----------------------------------------------------
Jody Gabourie, The Small Business Marketing Coach, delivers
simple, innovative and powerful marketing strategies to
help business owners find and keep their most profitable
clients. To learn more about how she can help you take
your business to the next level, and to sign up for her
FREE special report, ezine and articles, visit her site at
http://www.JodyGabourieMarketingCoach.com

IRS PENALTIES

IRS PENALTIES
The IRS just made a huge statement by cracking down on the
well known actor Wesley Snipes. Mr. Snipes was accused of
felony charges of tax fraud and conspiracy as well as three
misdemeanor accounts of failing to file tax returns. The
actor was acquitted of the federal tax fraud and conspiracy
charges; however he was found guilty of the three
misdemeanor accounts and sentenced to the maximum prison
sentence of three years. This sentence sends huge warning
to the millions of taxpayers who fail to file their tax
returns each year. The IRS and the Federal courts are now
willing to penalize those who fail to follow their rules.

There are many penalties that the IRS can charge a taxpayer
with. A few of the most common penalties include estimated
tax penalty, failure to file penalty, failure to pay
penalty, and accuracy-related penalties. Along with
penalties, interest is also charged because of the time
value of money. The estimated tax penalty is one that is
charged when a taxpayer fails to pay the IRS the estimated
tax that is calculated as income is earned during the year.
Most people select the option to take withholding to ensure
that their estimated tax is paid throughout the year.
Others, for example those who are self-employed, make
estimated tax payments throughout the year, usually
quarterly, to the IRS. As long as the taxpayer has paid the
same amount of taxes from the prior year or they have paid
90% of the current year's tax, whichever is smaller, they
will not be penalized.

The failure to pay penalty is for those who do not pay the
tax liability by the April 15th deadline. This penalty
equals one half a percent of the amount of tax owed each
month until the tax is paid. This late payment penalty is
applied to those who filed on time but did not pay on time.
For taxpayers who do not file and owe taxes the interest
rate used is the federal short term interest rate plus
three percent. The rate is recalculated every three months
as the federal interest rate changes.

The penalty for not filing a return with an amount due is
4.5% for each month that the balance is not paid. The
maximum penalty rate charged is 25%. If the return has a
refund there is no penalty charged since penalties are
calculated on amounts due. It is more costly to not file a
return with a tax liability than to file a return with a
tax liability and not pay. In other words, you should
always file your tax return on time regardless of if you
owe money or not.

Accuracy related penalties are charged in regards to
substantial understatement of income tax, negligence or
disregard of rules and regulations, substantial
overstatement of pension liabilities, substantial estate or
gift tax understatement, or any substantial valuation
misstatement. The penalty charged is 20% of any portion of
tax underpayment.

If there is a dispute of the penalties charged you may
write a letter or use form 843 to attempt to have the
penalties abated, however interest is never forgiven. The
only case where interest, penalties, and taxes may be
overlooked is through an Offer in Compromise (also known as
pennies on the dollar).


----------------------------------------------------
I am a specialist who works with those who have their wages
garnished or bank account levied by the IRS. I also help
people get current on filing their tax returns. Please
visit my website http://www.doggedbyirs.com for more
information.

Easy Pension Options for Small Business Owners

Easy Pension Options for Small Business Owners
If you start researching small business pension options,
the alternatives quickly overwhelm. Banks, financial
planners, insurance agents and many others clamor for your
attention and offer up what they tout as the obvious best
option.

Fortunately, and perhaps surprisingly, you can create easy
pension options for your small business. These easy options
are usually available regardless of whether you operate as
a sole proprietorship, partnership, limited liability
company or corporation. And for many small business owners,
the easy options also often represent the best value.

Easy Option #1: A Traditional Individual Retirement Account

To start, don't overlook the traditional individual
retirement account. No matter what your income, as long as
neither you nor your spouse are covered by some other
qualified retirement plan, you can setup and deduct
contributions to a traditional individual retirement
account. Typically, neither the business nor the individual
pay fees or pay only modest fees to have an IRA in place.

Regular annual contributions to a traditional IRA grow
large over time. A $5,000 annual contribution (the standard
amount allowed in 2008) made over 35 years grows to more
than $550,000 after adjusting for inflation. (I'm assuming
you earn an after-inflation 6% rate of return in this
scenario and the others that follow.)

That $550,000 IRA balance is actually a pretty good ending
account balance--enough for many business owners'
retirements if they've also paid off a mortgage and
qualified for social security. And remember that married
couples can often double the ending value amount by
doubling the annual contributions.

In summary, then, a traditional IRA shouldn't be
overlooked--especially if you and any employees want to
save only a few thousand dollars a year.

Easy Option #2: A Simple-IRA

If you or employees want to save more money than is
possible with a traditional IRA, you can often for free or
almost free set up a Simple-IRA plan for the business.

Essentially, a Simple-IRA works like a "lite" version of a
401(k). With a Simple-IRA, employees and the business owner
can contribute up to $10,500 ($13,000 if aged 50 or older)
of their earned income to the Simple-IRA account. The
employer typically matches the contributions, too, with a
standard three-percent-of-salary contribution.

If someone making $50,000 contributes the maximum $10,500
amount to the Simple-IRA and the employer contributes
another $1,500 (three percent of the $50,000), the employee
accumulates roughly $1.2 million in savings after 35 years.
Again, I've adjusted for inflation and used a 6%
after-inflation return.

Easy Option #3: A SEP-IRA

One other inexpensive yet powerful small business pension
plan option deserves mention.

If you're a one-person business or employees usually don't
stay around for very long, you may want to consider the
SEP-IRA option. With a SEP-IRA, you can contribute up to
20% of your business profits in the case of a sole
proprietorship or partnership or up to 25% of your wages in
the case of a corporation, including an S corporation.

To give you an example of this, assume your sole
proprietorship makes $100,000 each year, in this case, you
can contribute $20,000 (20% of the $100,000) to a SEP-IRA
account. Or, as another example, assume your S corporation
pays you $80,000 in wages. In this case, you can contribute
$20,000 (25% of the $80,000) to a SEP-IRA account.

Over 35 years, after adjusting for inflation, a $20,000 a
year SEP-IRA contribution grows to roughly $2.2 million
dollars. Here again, by the way, I've used a 6% annual
investment return in my calculations.

Like the traditional IRA and Simple-IRA option, a SEP-IRA
usually costs the business owner nothing or next to
nothing. You won't get burdened with expensive set up fees
or annual administration costs.

However, while you can make large annual contributions to
SEP-IRA accounts (up to roughly $46,000), the plans don't
work for every small business. And here's why: You must
cover all employees who have been employed by you for more
than three years and who are over the age of 21.

SEP-IRAs, then, are probably most attractive to one-person
businesses-such as consultants and tradespeople-that don't
need to worry ever about making the SEP-IRA contribution
for employees.

Moving Forward

I've been pretty birds-eye in my discussions in this
article, so you may have more questions. You should be able
get answers about all of these retirement savings from just
about any mutual fund company, bank or stock broker. Note,
too, that the contribution amounts allowed regularly get
adjusted for inflation.


----------------------------------------------------
Small business CPA Stephen L. Nelson wrote the bestseller
QuickBooks for Dummies. He also publishes the
http://www.scorporationsexplained.com and
http://www.fasteasyincorporationkits.com web sites. Nelson
holds an MBA in finance from the University of Washington
and an MS in taxation from Golden Gate University.