Tag Archives: business

2012 is the Year of Transformation

Have you heard about the Mayan prophecy? It states that 2012 is the year of transformation. Can you feel it?

There are three things we women entrepreneurs can do to capitalize on the energy of transformation.

  1. When things speed up we need to go inside
  2. We need to challenge our personal rules about success and the way we do business
  3. We need to think bigger, globally that is

Of course we need to take other people’s counsel- having a consultant or a coach is a great business strategy but at the end of the day we need to look for the answers within. The only way to do that is to get quiet every day. Whether that is meditating for 5 minutes or 30 minutes this is a crucial daily habit.

One of the biggest barriers to our next level success is our rules about success. We create patterns that keep us stuck at a certain level and we can’t seem to get past it.

It is time to be creative not competitive- this is a transformation opportunity.

We need to be looking at the planet as our client base- we are not limited to the US or North America- there is a whole big world out there looking for us.

If we focus on these three things in 2012- we are guaranteed to bust through and create our next big success in our businesses.

Cheryl Cran is a certified WBENC and WeConnectCanada women entrepreneur as well as a EWomen’s member. She is a successful entrepreneur with a busy consulting practice and her keynotes on leadership, technology and change are in high demand. www.cherylcran.com

Join the Best-selling author and business leader and expert, Cheryl Cran, on the eWomenNetwork Success Institute Tuesday, 02.07.12 at 1:30 pm CST as she shares 3 Ways to Fine Tune Your Business Focus for 2012. Cheryl’s strategies have been featured in Forbes magazine, Metro New York, The Globe and Mail, Readers Digest, Selling Power magazine, Builder Woman magazine and The Financial Post!

What area of your business are you going to pay attention to in the next week?

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Business Strategy Coach Tip: NO Follow Up… No Sales

How many networking events, seminars, lunches and coffees have you attended and afterwards you found yourself with a bunch of business cards that you politely place inside your top desk drawer?

Here is the thing… if you do not follow up you will not grow your business the way you wish.

What is your plan when you attend a networking event?  Do you have a systematic and automated way of following up?

Here are the some things to consider:

  1. Prior to attending a networking event, clearly determine your outcome or objective.  How many people would you like to meet?  Or is there a certain person you are targeting?
  2. Make sure you have time blocked out to follow up.  If you are attending a breakfast or lunch… schedule (1) hour in the afternoon on the same day to send personal notes, emails, or follow-up calls to schedule those all important lunches or coffees. If it is an evening event… schedule time the following morning before you begin your day.
  3. Place them into you autoresponder systems… with permission so that you can systematically drip on them.  I would highly recommend you checkout a service such as Monster Follow-Up.
  4. Make the appointment and keep the appointment.  I cannot tell you how many people who have called me to have coffee and then flake because something came up which was deemed more important than a new client.  Unbelievable but true.  Be a person of integrity and honor your commitments. Another great tool for scheduling appointments is TimeTrade which helps with the automation process.
  5. Determine how you can serve them while you are at the meeting.  If it is a connection… make the introduction.  If it is a book… send them a copy.  ADD value first and then work at nurturing the relationship.

These are just some business strategy tips that you can do to really impact, improve and skyrocket your sales.

Happy networking…or better yet “To the Follow-Up!”

Join the best-selling author of “The Juggling Act – A Step by Step Guide for Balancing Your Life”, Rae Major-Wildman on the eWomenNetwork Success Institute Tuesday 01.24.12 at 1:30 pm CST as she shares The 5 Keys to Skyrocket Your Sales.

 

Join the conversation! What are some of your follow-up strategies?

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Cricket Lee and FitLogic®

Guest Post by Brandy Mychals, BrandyMychals.com, eWomenNetwork 2011 Business Matchmaker of the Year

Cricket Lee, founder of Fitlogic®, a patented fit system that will revolutionize the way clothing is sized in the fashion industry, attributes much of her success to her daughter.

When Cricket began her development of Fitlogic in 2002, she and her business partner were both single mothers.  Cricket recalls those early days as trying. The first time her company fell apart, in 2003, her partner called it quits.

She suggested that Cricket give up on her vision as well, claiming the concept was “too big” for her and that if Cricket wanted to take care of her daughter, she would have to find something more stable.

“At that moment I had a choice– to either give up and quit or to teach my daughter to go for her dreams and never give up no matter how difficult. I can’t say it’s been easy for us… but when I asked her what she wanted me to do as things got more difficult, she always said: ‘Go for it, Mommy!”

And go for it, Cricket did, researching what would become Fitlogic: an “operating system” for apparel, making it easy for consumers to find their size without the hassle of the fitting room, alterations or returns. Fitlogic will standardize fit from one brand to another regardless of style, price or channel giving women the opportunity to buy the items they like without worrying about whether or not it will “fit” their body.

Not only was Cricket’s daughter her greatest cheerleader, but she was also fundamental to the development of Cricket’s Fitlogic system. Part of the Fitlogic magic is Cricket’s insight that women’s bodies are not all shaped as “hourglasses” as antiquated fashion industry standards have based fit on for decades. Instead, we come in different shapes and apparel should reflect that in order to “fit” correctly. “When I first started, I was using ‘straight’, ‘curvy’, and ‘round’ with square, triangle and circle symbols [to describe different body types.] [My daughter] said: ‘Mommy, no one wants to be called straight!”

Cricket’s daughter– who was then nine years old– offered her this advice: “Why don’t you call it curvy 1, 2 and 3?” The numbering system stuck and is the method Cricket uses to this day to describe the trademarked “shape fit” part of the Fitlogic System.

Cricket’s daughter is now the model for her website, Fitlogic.com. “That was her dream– to be a model. Since she helped make my dream come true, I thought: why not help her create hers?” Cricket’s daughter, now 18 years old, has grown up with Cricket’s business and learned valuable lessons along the way. “She has learned not to place her reliance on material things or people, but to know she is the sole creator of her world and experiences.

Cricket’s dream to “make women feel good about themselves when they shop in the knowledge that they are perfect just the way they are” is fast becoming a reality. Her first product introduction began this summer at the eWomenNetwork International Conference on July 16th. Kym Yancey, President of eWomenNetwork said: “We are really excited about sharing Cricket’s message and the Fitlogic® System with the more than 500,000 women business owners connected to our International network.” Although Cricket intends to standardize all types of apparel, only pants are available at this time.

Cricket has been featured on the Today Show, the cover of the Wall Street Journal, the New York Times, Fox and Redbook. Often described as aserial entrepreneur and marketing visionary”, Cricket has created campaigns for British Airways, JCPenny, Ralph Lauren, Ford Models,  Hanes, Saks Fifth Avenue and many others. She holds world patents and 72 awards for Creative Excellence in Advertising including a National Addy Award.

Join Cricket Lee on Success Institute, 9.14.11, at 1:30pm CST as she and Kym Yancey discuss:  Moving a Mountain:  How to Raise Big Money, Attract Top Publicity, & Launch Your Big Dream

 

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Want to Get YourBuzz for Business?

Photo-http://ht.ly/69QRW

Do you want to know what customers are saying about your business online?  Managing social media conversations can be time consuming and distracting.  There are a variety of products in the marketplace to help you manage discussions, post comments or retweet.  Our favorite is YourBuzz , a free application from American Express® OPEN, which offers a unique means of monitoring, managing and growing your online presence across social networking sites like Twitter and Facebook  with the added benefit of giving you access to your ratings and reviews on Yelp, Foursquare, Citysearch, Yahoo!Local, Bing Local and Superpages.

This app allows you to:

  • View customer reviews, ratings and online mentions in one place;
  • Respond, retweet, or create a new conversation;
  • See how you stack up against the competition; and
  • Get recommendations on action to take.

The YourBuzz application has some valuable features, including a scheduling feature so that you can pre-plan your marketing communications.  It also provides reporting with trends information, ratings by source and even ratings versus your competition.  By drilling down into the contacts area you can determine influencers based on their connections and review the geographic distribution of your network.  You also have the ability to view, edit and create profiles on these sites through YourBuzz.

If you are utilizing any combination of these social media and ratings/review platforms as part of your online marketing mix, then be sure to check out YourBuzz.  Let me know what you think!

is a valued and trusted sponsor of eWomenNetwork

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Philanthropy…The Missing Link in Your Business?

Gail Sullivan, Founder & CEO of  BECAUSE WOMAN, LLC

Philanthropy… The Missing Link in Your Business?

I recently attended a businesswomen’s luncheon on “Giving Matters” and heard one of our community’s most distinguished philanthropists state, “The joy of living is in the joy of giving”.

Surely you have heard the old adage that is sometimes described as the Principle of Giving:

Give and it will come back to you – good measure, pressed down, shaken together, and running over.”

Many of the happiest and wealthiest individuals that I have met over the last several decades have commented that the “key” to their success has been in their generous giving.

Personally, I wouldn’t have it any other way, and that’s why philanthropy is one of my company’s key components.   Consider the following ways to add value to your company through giving, and watch for the positive returns

5 Ways to Add Philanthropy to Your Business Plan

1. Put together a Philanthropic Budget.

Consider setting aside a portion of your monthly business income to be specifically used for philanthropy.  There is a vast range of non-profit organizations in every community that could use your help.  Every gift, great and small will be considered a blessing.

It’s so easy to say, “ I don’t have any money.” But then, when I think of how easy it is to waste dollars at a time on things that don’t really matter (like those daily fancy coffee drinks that are filled with calories that I’m trying to avoid or the newest office supplies that are bought in excess and never used). Contrary to all that, my philanthropic giving can help organizations achieve something that really does matter.  You know what?  I’m embarrassed that I haven’t given more and more often.  Now is the time to change that!

Not enough cash flow?  Consider budgeting your philanthropic services.  501c3 organizations always appreciate service gifts.  For example, the local catering company caters 2 big non-profit fundraising events a year; a florist supports her favorite charity by providing the centerpieces for their annual fundraising event; and an entrepreneur of a local hair salon provides free haircuts, on the Saturday before school starts, to kids in a lower income neighborhood. What an awesome way to contribute!

2. Volunteer.

Philanthropy can also be in the form of service. Consider volunteering to help out at an annual event for a cause that you are passionate about.  This is something that you can do personally as well as getting your employees involved.  You will be amazed at how many people will join with you in your efforts to give back to the community.

For the last several years I have joined our local Boys and Girls Club to help hand out gifts to the children at their annual Christmas party.  The first year my two daughters joined me.  The following year several co-workers decided to come with me and continue to give to this day. Eventually the company I worked for became a sponsor of one of their annual events. It appears that philanthropy can be contagious.

3. Master the layups.

There are many community organizations that provide some of the most basic essentials for people in need.  All of us can make a huge difference just by consistently giving our gently worn clothing to the Goodwill, or extra food to the local food bank.  Consider having a seasonal giving drive for these events right in your office.  Allow clients to participate and accept donations as well. These are easy layup shots that any business can incorporate.

4. Take it to the next level.

Do you sometimes feel that your gift is so small and wonder what good could it possibly do?  A giving “team” boosts donation dollars to the next level. That’s right, get others involved… family, friends, co-workers, clients and even prospects. Does your company hold any type of annual event?  Consider adding a raffle in which all the proceeds go to a chosen non-profit group or cause.  Allow all attendees the opportunity to participate.

I recently held a company event and had determined to give a percentage of the income to a local cause.  I was disappointed when I realized how small that donation would be. I decided to brainstorm about how I could give more. I took a third of the money I was going to give and bought an amazing raffle prize for the event and announced where the proceeds were going.  The donation ended up being almost 3X what I was originally going to donate. Bravo!

5. Never underestimate the value of a small gift, and don’t hold back on giving a larger gift when you know the time is right.

“Despise not the day of small things!” Everyone starts somewhere. Become a consistent giver in the small opportunities that exist, and over time, you may develop into an experienced, generous philanthropist.

As you begin making philanthropy a key component in your company, begin to notice what happens.  Time and time again, I end up with so much more in return.  The effects are amazing!  The people I work with seem happier.  Somehow, this “giving” component allows for something great to occur in the workplace.  Goodwill manifests itself and my clients and prospects like that.  My business begins to change, for the better.  I feel like I begin to change for the better. And all this just makes me want to give more.

Recent research also shows that there is a correlation between philanthropic giving and sales.  (Network for Business Sustainability, Use corporate philanthropy to grow your top and bottom line, Source:  Strategic Management Journal, How corporate charitable contributions enhance revenue growth. (2009) Baruch Lev, Christine Petrovits and Suresh Radhakrishnan)

If you are attending the eWomenNetwork Conference in Dallas this month, you will witness firsthand the impact of generous giving.  Throughout the year there are many opportunities to give to the eWomenNetwork Foundation.  You will be inspired at how your philanthropic contributions can accomplish great things!

 

 

Gail Sullivan is a Platinum Member of the Chairman’s Circle

 

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Building a Business or Transforming a Life?

Guest Post by Louise LeBrun

I am often asked “How did you create a successful business that has lasted for more than 20 years?”   Like many before me, my business began with an intention, determination and a dream.  As a living process unfolding and evolving over the years, it has morphed into ways of expression that have defined and are defined by who I have been willing to become.  As a long-standing solopreneur, I’ve come to recognize that a long-term relationship with my business is a deeply intimate and personal affair.  And like any good relationship, without the give-and-take of that enlivened and enlivening connection, my business would not be sustainable over time.

Like many, I began this journey believing that I was creating something ‘out there’ – separate from me – whose value would be reflected by meeting the needs/wants of others;  inescapably linking my outcomes to the boundaries of what was defined as meaningful and relevant to them and for which they would pay.  By doing that, I would amass vast fortunes by appealing to the patterns of consumption of my clients.

Surprisingly, within the first few years, I soon tired of it all. The cha-ching of dollars accumulating lost its ability to delight.  I could have been left seeking to sustain a viable business through will power and determination; through the discipline of self-imposed performance expectations; and ultimately, by doing what was required rather than risk losing the very ground for which I had paid significantly in time, effort and energy. Instead, what I discovered and subsequently have written about, spoken about and shared with thousands of people, is quite simple:

“There is no business ‘out there’ – there is only YOU in relationship with others; and the quality of your own life!“

There are clues to how you are living and what you select as ‘your work’ that can guide you and give you feedback on how things are going.

What’s it like for you to get out of bed in the morning and face another day?  Are you eager to engage your life?  Or do you find very good reasons (like illness) for you not to bother?

Are you genuinely excited by what you seek to share with others?  Or are you tired of the sound of your own voice and find very good reasons (like fatigue) for you not to have to speak?

Does the potential of your business to contribute and make a meaningful difference in your world propel you into the next wave of its expression?  Or do you find creative ways (alcohol, shopping, exercise, food, affairs, gambling, etc.) for you not to bother showing up?

What I have come to know is that my business is and always has been all about me – just like your business is all about you.  It is a way for me to come face-to-face with my own internal truth that defines the quality of my life – just like yours, invites that discovery in you.

Building a business can be about ‘stuff’ and/or it can be about creating a meaningfully sustainable life.  Either way, it is a deeply personal and intimate experience; and one that will, at some time, bring you face-to-face with the truth of who you know yourself to be.

Are you building a business or transforming your life?  Truth is, they are like the back and front of the same hand:  where one goes, so goes the other.  They cannot be separated; and the one you focus on is the one that will define you and carve out the quality of your life.

Join Louise LeBrun on Success Institute, 3.29.11 at 1:30pm CST for “Fully Alive: Work/Life Integration for the Evolving Entrepreneur!”

For more information about Lousie LeBrun and The WEL-Systems® Institute

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THE Most Stupid Myth About Money and Work

There is a myth so well know amongst women, that many actually mistake it for the truth.

What is it?

That doing what you love doesn’t pay the big bucks: that in order to make *serious money, in order to live prosperously, you have to sell out, buy in, or give up. This is an outrageous lie! In fact, it’s crazy.

It’s a lie we’re told by others, and one that (left unchecked) we repeat frequently to ourselves. Here’s what the lie sounds like:

“I’d love to do that, but there’s no money in it.”
“If I didn’t have to think about money, I’d….”
“I could never make this kind of money doing anything else.”

People who don’t understand the relationship between their Life Purpose and their Money Purpose usually begin this myth, often quite innocently, out of ignorance. It’s usually perpetuated by:

  • Those who don’t have a role model for what it looks like to love what you do, and get paid handsomely for it
  • Scaredy-cats who will risk anything but change
  • People who cling to the same scarcity mentality they were raised with
  • Individuals who aren’t aware of, or who haven’t yet embraced the notion that we, alone, are responsible for our own success.

There is a direct and profound positive correlation between your passion for your work, and your ability to make money at it. To say that you can’t make money at something you love is crazy-thinking. And it’s just plain wrong.

Consider this: If you’re doing as well, financially, as you are when you’re merely tolerating your work, imagine how prosperous you’ll be when you love what you do and can’t wait to get to your office in the morning. Now that’s something worth pondering.

Money, in and of itself, should never be your end goal. If it is, you’ll spend a good part of your life chasing, but never catching it. Your Money Purpose is the way YOU were meant to make money in the world. It’s your unique job or role that you’re supposed to do, (in fact that you were deliberately designed to do); that will give you more money than you can get by working in any other job or role.

What’s more, when you identify your money purpose and use it to create your ideal job, career or business you will be the happiest, most passionate, creative and joyous version of yourself possible. Did I mention that it’s much easier to make money when your job aligns with your money purpose, than any other way?

You can read a lot more about this in Chapter #7 (When Your Life Calls, Answer It!) in my book, Impact! What Every Woman Needs to Know to Go From Invisible to Invincible.

Here’s what I want you to know, what I want you to remember every day for the rest of your life. Just because something hasn’t been done before, doesn’t mean it can’t be done. It just means that no one’s had the insight or the courage to try. Why not be the first?

*(BTW: Serious money might be $50K, $500K, $5M or whatever number erases your financial concerns.)

Join Nancy D. Solomon on Success Institute, March 15, 2011 at 1:30pm CST to learn how to “Turn YOUR Potential Into Profit”

Original Post from The Solomon Factor Blog

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Getting Your Bio in Great Shape Offers Rewards that Show Up in The Balance Sheet

Guest Post by Nancy Juetten

A client-attracting bio is a universal tool in the marketing toolbox for business owners serious about growing and attracting the right clients. Read on for tips to help you get the mission accomplished in short order.

Not every business owner has the interest or inclination to get interviewed by the media, become a popular public speaker, or step into that dream of becoming a best-selling author. However, it is a universal need among business owners to position themselves to attract more of the right clients right now. Those who want to stand out and shine as they attract more clients need to say who they are, the mission they are on, the results they bring about, and why it matters in compelling terms that capture attention straight away. That means using your bio as a tool to attract exactly what you seek in terms that actually compel prospects into action.

For example, if you were seeking a personal fitness trainer, which of these two descriptions would compel you to lean in and engage?

A. I am a personal fitness trainer who serves 50-something rich people who reside on Mercer Island who want to get in better shape now.

B. I am a Jewish mother with a PhD who is also a fitness maven on a mission to get 50-somethings off the couch and taking the stairs with a smile because they look to the second half of life as the best half of life.

As for me, I’d choose B. because the message is steeped in authenticity, wow, and the promise of great possibilities that really resonate in a compelling, emotional way. And it all happens with one line of text.

The fact is, everyone’s business bio can be made better to showcase more authenticity, better messaging, and delicious benefits that really resonate with their target market. Best of all, a better bio can invite more of the right opportunities to reflect well in the balance sheet. Like all things — including exercise — it’s a matter of getting into action and selecting well chosen words that deliver the goods.

As you ponder those words, consider these marketplace realities:

1) There are 27 million independent business professionals trying to make a go of it beyond the scope of “cubicle nation.” Some have exited voluntarily, and some choose never to return or can’t find their way back in. These people have to make their way in the world somehow, and that means it is essential to differentiate and stand apart quickly in an online search. Blah, blah, blah and boring messages don’t get the job done.

2) There are many people who need to invite additional streams of income beyond traditional employment to make ends meet in this demanding economy in which many states are still reporting double digit unemployment. What potential clients find out about them in a quick Google search can mean the difference between getting a call to get into action or sitting indefinitely for calls that never come in. Conduct a “Google” search for your name, your company name, and the key words for which you want to be known as the expert. If the search reveals a disconnect, consider that your wake up call to take inspired action to change that for the better.

3) Speakers who want more paid speaking engagements can invite plenty more of them and the compensation that goes with them, provided they lead with a provocative, timely headline and describe their message points in ways that get meeting planners to say “YES” right away. Those who ramble in broad generalities are often disappointed by their results, whereas those who describe the value they bring in bold terms often welcome the compensation.

4) In today’s economy that the Wall Street Journal has called “the age of going solo,” decision makers recognize that they are doing business first and foremost with PEOPLE as opposed to COMPANIES. People want to know about that energy healer, financial planner, or business coach before putting their money on the line to benefit from their unique ways of serving clients. How quickly a consultant, expert, author, or media personality can get to the “like, trust, and respect” place has a direct impact over how much influence they can command and how much money they can make. A well crafted bio that makes clear the stunning results, sassy sound bites, succinct stories, and relevant social information that guides ideal clients to get there faster can bring plenty more qualified sales opportunities than leading with an old school bio that reads like yesterday’s news.

5) There are a great many people who struggle GREATLY with talking about themselves. For those who want to get seen, heard, celebrated and ultimately COMPEN$ATED, this is a huge problem. Those who are willing to articulate the value they bring for their ideal clients in terms that resonate and are sufficiently compelling to invite prospects to become paying clients can advance along their path to revenue generation a whole lot faster than those who don’t or won’t. It’s an exercise well worth the effort, as you’ll soon find out when you plug in these lessons to your expert advantage to scoop up the marketplace opportunities that await.  (Original post http://biznik.com/articles/getting-your-bio-in-great-shape-offers-rewards-that-show-up-in-the-balance-sheet)

Success InstituteJoin Nancy Juetten on Success Institute 1/18/11, 1:30pm CST to  ”Take the Rock Start Status Reality Check”

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The Client Attractor Factor: 7 Steps for Attracting Your Ideal Clients

Guest Post by Ellen Looyen

In my 22+ years in business, I’ve seen so many talented service-based professionals enduring a never-ending struggle to attract more clients. They often squander the few opportunities they have with viable prospects, by not being able to talk about their own value in a way that connects with their market.

Here are some simple tips that will ensure your success as a client magnet:

1. Connect Emotionally First and Logically Later

Prospects for your services want to get a FEELING about you and your practice or consultancy.

The easiest and most direct way to do this is to tell them your “Branding Story”, using compelling language, laden with emotionally-connecting sound bites, that hit both sides of their brain at once.

Get real good at telling the “story” of your value (using compelling words and visuals that convey the essence and energy of your business). Your messaging needs to confidently convey your value, experience and unique style to those in need of your services.

2. Share the “Experience of Your Value and the Value of Your Experience”

Give people thinking about hiring you a direct experience of your work, in the form of a complimentary consultation. This is your opportunity to demonstrate your value in real-time; and it will give your prospective client a chance to see how it feels to actually be working with you.

Once you capture their imagination (the hallmark of charismatic people) and they feel comfortable working with you, they will feel an instant resonance and in their gut they will want to hire you.

3. Inspire Confidence

Most don’t realize it, but confidence is the number one reason people buy or choose anything.

People will never buy into feelings of doubt or uncertainty—yours, or theirs.

If you don’t believe in yourself and your own value as a service-based professional, how will your potential clients ever feel confident enough to buy from you? Your whole being must confidently exude that you offer the best solutions for their specific problems.

4. “We Convince by Our Presence”…Walt Whitman

Present people seem totally focused on whomever they are with.  They seem to possess an enviable peace about themselves and to have nothing to prove.

They make people feel like they are their only client in the world.

They are totally with people in the present moment, with no agenda (attention focused on a desired future outcome) and they truly want what’s in the best  interest of their clients.

5. Become More Likeable

In his terrific book, author Tim Saunders shares “The 4 Keys to Likeability” and they are: Friendliness, Relevance, Empathy and Realness. Develop these 4 personality strengths and you’ll have a much easier time attracting people who may become your clients in the future.

6. Position Yourself as an Expert in Your Field

Brand-building is about consciously creating the “perceptions” you want people to have of you and your practice.

Position yourself as an expert by writing articles, blogs and newsletters and by developing first class marketing materials that highlight your expertise and experience.

Learn how to expertly articulate the many things that you know and how others could benefit from it.

7. Enhance Your Charismatic Influence—It’s Your Very Best Attractor Factor

Charismatic people throughout history have possessed the unique ability to capture the imagination of others and inspire them to be supportive and devoted to a cause. Charismatic people know how to instantly create trust and rapport and can quickly influence others to see things their way.

Don’t Miss Ellen Looyen October 5, 2010 on Success Institute as she discusses “The Client Attractor Factor: 7 Steps for Attracting Your Ideal Clients.” REGISTER HERE.



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How the Idea of eWomenNetwork Came to Life – An Interview with Sandra Yancey

Trisha Kagerer

Trisha Kagerer

Guest Post by Tricia Kagerer

Dallas Women in the Workplace Examiner

The Dallas Women in the Workplace Examiner had the opportunity to interview Sandra Yancey; Founder of Dallas based eWomenNetwork. (www.ewomennetwork.com) This is the first of 5 articles in which our readers will get to know Sandra on a personal level and learn more about eWomenNetwork, the Glow Project and the eWomenNetwork Foundation.


DWWE: What inspired you to start the eWomenNetwork?
Sandra
: Honestly, I was a lousy networker. I’ve never really been terribly comfortable in a room full of people. I’m an introvert at heart, but I’m great one on one. I started going to networking events in Dallas in about 1998. We had moved here in 1996. I had my own consulting practice at the time and was really a soloprenuer. I had a bevy of impressive clients, which made for an impressive portfolio. My business was indeed successful.

I was living on a plane daily. And as a soloprenuer, I was doing it all. I was booking my flights, as well as my hotel room and interviewing clients. I would then run to Kinko’s, make copies, get the mail, update QuickBooks, and process invoices. I wasn’t functioning as a CEO—Chief Executive Officer, I was functioning as a CEO—Chief of Everything! All the while I had 2 small children at home; my son was not even three years old and my daughter was eight. I wasn’t happy.

It was at this point I learned the difference between success and happiness. My husband encouraged me to look for clients in my own backyard to cut out some of the travelling, so I did. I started attending various networking groups in Dallas and witnessed the most amazing, phenomenal thing: “The Good ‘Ole Boys Club.” First, you must know, I say it in the most complementary way; I’m not bashing anyone at all. I saw these guys at work and thought, “You know what, they deserve to be where they are; no wonder they are so successful.” They were sharing ideas, talking about what they needed, and opening up their rolodexes to each other. They also had their protégé close by, there with them to watch and learn the ropes, introducing them to others along the way. I thought this was a really amazing way of doing business, “a unique sport” and I wanted to play. I wanted to be on the team. I didn’t want to be sitting on the bleachers—I wanted to play.

DWWE: So did you start to play?
Sandra: Unfortunately, I wasn’t eligible. I just didn’t have the qualifications to get in.

DWWE: Do you think it was because you were female?
Sandra: I think part of it was. I also think it was the dynamics of the group. It’s similar to when you’re at an eWomenNetwork Conference; there’s an energy that can’t be replicated anywhere else. It’s not that it’s right or wrong, or good or bad; it’s just what it is.

DWWE: So how did you begin to move forward?
Sandra: I started looking for women networking groups. The first one I attended was a disappointment and eye opener. It seemed as if the women were all showing up in pairs, coming with a girlfriend. I felt like everyone knew this but me, that I wasn’t included on the memo. I went to the meetings alone and felt like people were thinking, “You don’t have any friends? What’s wrong with you?” It was hard to even find a table that had a spare single chair because everybody came and sat in pairs. When I did find a seat and sat down, I started eating my salad and noticed the ladies seemed to all be talking to their girlfriend. I tried to interject something here and there, but never really felt welcomed into their conversation. It was just the weirdest thing.

On the way out, I realized I was not the only one who was disappointed. On the way down the elevator, I overheard heard someone say they didn’t get much out of the meeting. I thought to myself, “No Wonder! You didn’t talk to anyone new. ”

Soon afterwards, the idea for eWomenNetwork began to percolate. As I talked to other women colleagues and business owners, I discovered I wasn’t alone in my experience. It was then that I knew there was a need to networking group for women that would focus on sharing resources, ideas, contacts, leads and customers with a female approach and environment would be a viable business model.

DWWE: How long did it take you from idea to the launch of eWomenNetwork?
Sandra: I began to test my assumptions by embarking on some statistical research. (This was before the internet was popular, so research was much slower than it is today.) I discovered that there were 10.1 million women-owned businesses in the nation. One out of eleven adult women in the USA runs her own business! The list goes on. Bottom line, I saw a need and decided to fill it an immediately developing a business plan.

DWWE: What other research motivated you?
Sandra
: Women influence 80% all purchasing decisions in this nation. Women are starting businesses at the rate of two to one to male-owned businesses. They are leaving corporate America, and are starting businesses in droves. I also found out that there are about 7,000 networking groups that open and close each year. So, the viability of longevity of using networking as a business model wasn’t what I would call seductive. It wasn’t like I was easily seduced into this because I was looking at a huge failure rate.

I also noticed that the largest organizations that were out there had a big leg up on me. One organization, for example, was celebrating their 25th year the year I opened my doors.

My business model is based on stickiness; I had to have something women would value and “stick” to. I learned a lot of networking groups were born out of women who had other primary businesses but weren’t getting their networking needs satisfied. They were starting their own networking groups “on the side” to feed their core business. Eventually, these women would realize the amount of time organizing these events took from the core business, and would eventually give them up. I knew that if I could meet their fundamental business-building needs, they would become members of eWomenNetwork and tell their colleagues, who would also join.

Resources were also scarce; banks and investors wouldn’t really talk to me because I was too small. They didn’t a value business model based soley on building relationships. Silly them! All businesses are built on relationships! It’s true that for the first several years, I struggled. But, by sticking it out, honing our message, investing in technology, building our memberships, things started to take off. Like many others who have experienced the same thing, suddenly everyone had an interest, everyone wanted to talk.

This is the first in a series of 4 interviews with Sandra. Stay tuned for the next posting to read more about Sandra’s amazing story.

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