Category: Startups

How Hiring a Business Coach Can Grow Your Business

How Hiring a Business Coach Can Grow Your Business

Posted on by Stan Mann

A man writing on a piece of paper

Did you know that the number of active businesses in the US dropped by over 22% due to the COVID-19 pandemic? Businesses in every industry experienced a steep fall in their profits and had to reduce their staffing by an average of nearly 40% to compensate!

Business coaches are often significantly experienced at successfully running businesses. This qualifies them to help fellow business owners grow their business. So, if you’re wondering how a business coach will help grow your business, here are the main points to consider.

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5 Tips to Set You Apart From Business Competitors

5 Tips to Set You Apart From Business Competitors

Posted on by Stan Mann

While your marketing strategies, professional team, and extensive business plans may set you up for success, they might not set you apart from the crowd!

If you’re in the game to make more revenue and build a long-term reputation, this post is just for you!

While your marketing strategies, professional team, and extensive business plans may set you up for success, they might not set you apart from the crowd!

If you’re in the game to make more revenue and build a long-term reputation, this post is just for you!

We share some simple and practical ways that will set you apart from your competitors and make you emerge as a leading and reliable brand in no time.

Go the Entrepreneurial Route

Even if you have made it past the startup days, we recommend that you never let go of the entrepreneurial culture at your workspace. While a business should always strive to become structured, sticking to the basic culture will ensure that your employees continue to interact, innovate, and create.

Business giants such as Google and Facebook have adopted the entrepreneurial culture where employees and their suggestions are valued, welcomed, and heard, and incorporated into the company’s future operational and performance goals.

Tap into New Opportunities

Tried and tested advice would be to stick to a niche and come up with a product that has a wide market. However, oftentimes, businesses and entrepreneurs go off the route and innovate products that revolutionize their markets. For instance, Steve Jobs envisioned a future where everybody had access to quick communication and information.

While his competitors might have deemed it a research and resource-intensive investment, Jobs went ahead with the idea and helped humans tap into a technologically forward era. 

Businesses must keep an eye on new opportunities and leverage them to create products or services that will change the face of their industry!

Shake Things Up a Bit

Reinventing is the key to staying relevant in business!

While churning out the same products over and over again will guarantee a steady cash inflow, it might harm you in the long run! Mobile companies such as Nokia never anticipated the groundbreaking technology that iPhone or even Samsung could offer in the future.

 

We share some simple and practical ways that will set you apart from your competitors and make you emerge as a leading and reliable brand in no time. Go the Entrepreneurial Route Even if you have made it past the startup days, we recommend that you never let go of the entrepreneurial culture at your workspace. While a business should always strive to become structured, sticking to the basic culture will ensure that your employees continue to interact, innovate, and create. Business giants such as Google and Facebook have adopted the entrepreneurial culture where employees and their suggestions are valued, welcomed, and heard, and incorporated into the company’s future operational and performance goals. Tap into New Opportunities Tried and tested advice would be to stick to a niche and come up with a product that has a wide market. However, oftentimes, businesses and entrepreneurs go off the route and innovate products that revolutionize their markets. For instance, Steve Jobs envisioned a future where everybody had access to quick communication and information. While his competitors might have deemed it a research and resource-intensive investment, Jobs went ahead with the idea and helped humans tap into a technologically forward era. Businesses must keep an eye on new opportunities and leverage them to create products or services that will change the face of their industry! Shake Things Up a Bit Reinventing is the key to staying relevant in business! While churning out the same products over and over again will guarantee a steady cash inflow, it might harm you in the long run! Mobile companies such as Nokia never anticipated the groundbreaking technology that iPhone or even Samsung could offer in the future.

It’s crucial that businesses continue to invest in their R&D sectors, understand the ever-evolving consumer needs and trends, and reinvent themselves accordingly.

Give Back to Society

Companies that give back to society, always stay in the game!

To stay ahead of the game and stand out from the crowd, it’s necessary that your business reaches out to the underprivileged section of society and give back in whatever way you can.

Companies like Airbnb work with homeless people that were displaced due to natural disasters or conflicts and accommodates them through their Open Homes Campaign.

This assures your target audience of your good standing, intentions, and credibility.

Reach out to Master Coach Stan to Devise a Failproof Marketing Strategy

Businesses that are looking to take their marketing game to new heights can get in touch with our team at Master Coach Stan. Stan Mann is a marketing expert who has decades’ worth of experience in guiding small businesses and help them achieve their financial goals.

Get in touch with us to learn more about our marketing consultancy services and our E-Learning Marketing system.

5 Neglected Factors to Help Elevate Your Online Business

5 Neglected Factors to Help Elevate Your Online Business

Posted on by Stan Mann

Brick and Mortar businesses might not focus much on improving their online marketing game. However, the consistent lockdowns and recession require that brands take measures to elevate their online presence and generate more revenue.

Here are some tried and tested techniques that’ll ensure that your online business ranks higher on the SERPs and gets paying customers in no time!

Focus More on Local SEO

Local SEO might bring in low traffic; however, this low traffic has a higher conversion rate. By leveraging the local SEO keywords, you’re likely to direct more local traffic to your website and result in more cashable clicks!

Look up keywords that perfectly define your geographical location. Once you have got a list of high-ranking keywords, incorporate them in your content title, meta-descriptions, and H1 and H2 tags!

This will ensure that Google ranks you higher in your local search results and directs more traffic to your online website!

Work on Improving Local Search Optimization

If you want to improve your local search results, we recommend that you begin by updating your Google My Business page. Verifying local Google listing and using Schema markup for your physical location, contact details, and business hours will ensure that local traffic comes rushing to your website.

Moreover, ensure that you add local SEO keywords into your content’s title, H1, H2 tags, and image alt-texts!

Maintain an Updated Testimonials Page

Over 97% of online consumers go through a business’s reviews and testimonials before making the final purchase. Moreover, testimonial pages can help generate 62% more revenue!

This ensures that they’re purchasing from a trusted seller and will get a bang for their buck.

 

person browsing through an online website

Ensure that you have a regularly maintained and functional testimonials page on your website and your social media accounts. Ask customers to leave honest reviews through text or visual mediums, so that new potential customers can gauge your credibility.

Optimize Your Website for Mobile Devices

Google loves mobile-friendly websites, which is why it’s one of the top-ranking factors for any online website!

Over 52% of website traffic is generated from cell phones. This is why you must take measures to optimize your website and make it mobile-friendly. Ensure that you place the right CTAs at the right location, have a highly responsive website, and add your contact details on your website’s landing pages.

This will ensure that any potential leads that browse through your website, actually make a purchase.

Short Videos Are the Way to Go

With the latest marketing trends emphasizing the importance of short videos and reels, you must consider creating short videos for your online business.

Since most social media users and online consumers have a short attention span, they’re more likely to view short videos. This is why Instagram has introduced IG reels that are only 15 sec long but deliver your message to the right target audience.

Ensure that you optimize your videos before releasing them on social media platforms such as YouTube, Instagram, or your website’s homepage.

If you’re looking for a marketing expert that offers practical, effective, and fail-proof marketing consultation, you have come to the right place!

With Master Coach Stan, clients can acquire our marketing consultancy services and enroll in our E-Learning Marketing system to generate more leads and revenue.

Get in touch with us to learn more about our marketing services.

 

5 Common Business Misconceptions

5 Common Business Misconceptions

Posted on by Stan Mann

Thinking of kick starting a new business?

Before you delve deep in the business startup process,
ensure that you are safe from any business misconceptions that might hinder
your growth in the long run.

We have rounded up some of the most common business
misconceptions amongst new entrepreneurs. Take a look!

Financial Reports Aren’t For You

If you think that reviewing financial
reports and statements isn’t part of your job, think again!

While outsourcing an accountant can help you keep a track of
your finances and books, it’s crucial that you know how to understand these
reports.

Knowing what balance sheets, cash flow statements, and
income statements mean will help you understand your business’s financial
health. Moreover, this knowledge will come in handy while making informed
decisions regarding the business.

Your Product Should Be Your Priority

While a groundbreaking innovation might propel you to start
a business, it might not have the right niche or market as you might think.

Millions of entrepreneurs have come up with innovative
ideas, only to see their business plans fail due to a lack of a thriving
market. Try to assess the market, invest in Research and Development, and study
demographics to better understand your audience.

Shifting your focus from your product toward the niche or
target audience will ensure that your business takes off in no time.

Business Plans Are a One Time Consideration

You might think that a business plan
might come in handy ONLY when you’re laying its foundations. However, business
plans are crucial to every step of the expansion process.

man reviewing business marketing strategy

Creating new financial and operational goals, setting time-frames, and devising strategies to achieve those goals will ensure that you’re ready to expand as a business. Whether you’re introducing a new product/service, expanding your operations, or merging with an industry leading corporation, an extensive business plan will act as a road map for your business.

You Can Run a One Man Show

EBay, Amazon, Urban Dictionary, and Todoist all have one thing in common – these were all one person startups at one point.

While this might tempt you to continue running your ‘one man show’, we recommend otherwise!

To take your business to the next level, you must invest by hiring different teams for your firm. You’ll likely need to work with sales, marketing, and finance teams to generate new leads and revenue.

Moreover, an accounting team can help review your financial statements, prepare taxes, and manage your books.

Hard Work Will Pay off Every Single Time

Sure, hard work and determination will take you places; however, the right opportunity is what will take things to the next level.

While hard work, dedication, and motivation will help you kick start your business, a golden opportunity is just what you need. By lowering risks, getting the right investments, and limiting operational costs, business owners can create the right opportunities to expand their business and operations.

Create Opportunities with a Sales and Marketing Coach

With Master Coach Stan, anyone can help you create seven-figure business revenue in the shortest time possible. Stan is a sales and marketing coach who has decades of experience, thousands of clients, and the world’s first E-Learning marketing system to his credit.

Get in touch with us to learn more about our small business marketing consultancy today!

Kick Start Your Marketing

Posted on by Stan Mann

Today I’d like to teach you about the three most important start up marketing tools you need to get and keep new customers.

  1. In person: It’s essential you meet with customers/clients in person whenever possible. This shows you respect them and take the time to work with your clients to give personal attention to each of them.
  2. Follow up letter: Always take a moment to send a follow up letter about what you talked about, new agreements or partnerships made and to thank them for taking the time to meet with you. Likewise, you should always send thank you letters or small gifts to partners you find success with.
  3. Phone call: Use a telephone call to follow up with them to talk again about the matters you talked about in your meeting and offer any assistance you can to help their business run smoothly and more successfully.

None of these will work if you don’t have a quality product/service to back you up!

Here are the key steps for putting together your start-up marketing tools:

  1. Research potential customers, buyers, competitors and their preferred methods of distribution.
  2. Talk to potential customers. Take a hard look at your product from a customer’s perspective and see what it needs to be successful.
  3. Follow up with your 3-step process from above.
  4. Develop systems for contact follow through, quality control standards and customer service.
  5. Develop post-sale follow up system to keep lines of communication open is customers and build on your current relationship which increases future purchases.

“Marketing and innovation produce results; all the rest are costs” Peter Drucker, management consultant

Here’s another one I love from an icon:

“If there is any one secret of success, it lies in the ability to get the other person’s point of view and see things from that person’s angle as well as from your own.” Henry Ford, Founder of Ford Motor Company

This lesson has offered you the tools to put together a start-up marketing plan that can be used over and over again to help your customer base and business grow in a manageable way.