Showing posts with label social media. Show all posts
Showing posts with label social media. Show all posts

Sunday, January 20, 2013

Happy 1st Anniversary Red Cupboard Solutions!


As I sit down to write this post, I am one part surprised that it has been a whole year since I launched this blog and one part baffled that it has only been one year since I launched this blog! As with almost any annual review, some things seem to have gone by at rocket speed while others … not so much. In celebration of the year gone by, here are a few of the things I have learned along the way:
 

Sole-Proprietorship is a 24/7 Commitment

I learned this as a novice sole-proprietor myself, but mostly from the small business owners I have had the pleasure to meet. Their drive is relentless and every free minute seems to fill with mental exercises of strategy design, idea formulation, finding new angles on engaging new customers, and identifying talents, contacts, and trends to leverage. I watched and learned as even a glass of wine at the bar turned into a business promotion with the bar staff. I found that every newspaper or magazine article had some implication for what I was working on – a testament to how prolific social media is in our society and globally. My kids became tuned in to my search for blog topics resulting in their recommendations to me of blog post topics. My own radar developed for environmental issues to blog about as my oldest son volunteered to tweet for an architect friend with a commitment to the environment. And I watch as a small business husband/wife team with social media savvy, multiplies the success of their new restaurant with a solid social media strategy. 
 

Social Media Accelerates the Discovery or Creation of Market Opportunities

When I started Red Cupboard, I had already gained respect for the power of social media to level the playing field for small businesses. I continue to see examples of that in every small business. Those who embrace it, get the boost. Those who push it off, for lack of time or courage, miss opportunities. The wonderful “ah ha” moment that comes when the redesigned website goes live or the Facebook account gets some traction or the Twitter feed springs to life is such a great experience. I feel lucky to get to piggy-back on others’ successes and feel that great moment over and over. It is especially sweet for owners who haven’t grown up on social media and who find the de-mystification such a great source of professional growth. With that new social media tool in the belt, that business owner feels (rightly so) much better equipped to meet the ever-changing future.

The Dynamics of a Household of 5, Ebbing and Flowing Wildly Over the Course of a Year, Impact the Output of this Small Business

Probably as an offshoot of my first observation, there is nothing easy about running a household and a business out of your home at the same time. Except the commute and the wardrobe! The research for lead generation or industry trends is intertwined with homework oversight, carpools, meal prep, sporting events, and flat-out desire to maintain face-time with teens and snuggle time with 10 year olds. And at any given time, one of the five members of the household has an objective or crisis that sidetracks all else. As my sister in law said as she held her third child (two years before I held my first), “Five is a lot of people!”  And we want each of the three to be their own, individual person, with unique interests and needs. So there is no pattern to follow. Layered with working parents (and I’ll throw in authoring a book just to make sure I’m making my point!) a small business can sometimes reflect what is happening on the home front. But from my perspective, there is no aspect of parenting that cannot be translated to running a business: time management, people skills, diplomacy, goals, prioritizing, picking battles, rewards, punishment, mistakes, learning, achievements, taking turns, showing/fostering respect, asking for help, saying no, pooling resources, and on it goes. At the end of the day, if I have to pick one, I hope I’m a better parent than a businesswoman. But my business skills have improved because I’m a parent.

Monday, November 5, 2012

Inching Ever Forward

An interesting article in yesterday’s NY Times and the announcement today that HubSpot has raised $350 million in capital seems like a combination of events heading in the right direction. The NY Times article, “A Capitalist’s Dilemma, Whoever Wins on Tuesday,” raises some very interesting points on what may be the reasons for our stalled economy. With companies holding on to capital, it is no wonder we have been slow to grow and slow to add jobs. The author, Harvard Business School Professor Clayton M. Christensen, recommends that companies holding the capital should do things differently, not use the old formulae for channeling their investments.

Christensen makes the distinction between three different types of innovation: empowering, sustaining and efficiency. “Ideally, the three innovations operate in a recurring circle. Empowering innovations are essential for growth because they create new consumption. As long as empowering innovations create more jobs than efficiency innovations eliminate, and as long as the capital that efficiency innovations liberate is invested back into empowering innovations, we keep recessions at bay. The dials on these three innovations are sensitive. But when they are set correctly, the economy is a magnificent machine.”

Unfortunately, we have been experiencing an imbalance of efficiency innovations – innovations that reduce the cost of making and distributing existing products and services - thus the lack of growth. Although this type of innovation is essential, efficiency innovations streamline processes and, therefore, reduce jobs at the same time.


What encourages me is that HubSpot, the Cambridge marketing firm focused on social media, received funding not only from some private equity investors, but also from Boston mutual fund giant, Fidelity. The funding enables HubSpot to add 400 jobs in Cambridge and open an office in Ireland. All good. Living in Boston, Fidelity is a bit of a barometer of how our city is doing. It employs about 38,000, the majority in Boston and New England. If Fidelity is growing, Boston is growing. If Boston is growing, Massachusetts is growing. Last year, Fidelity cut jobs in Massachusetts after having held on to their employees as long as they could during the recession. So I am happy to see them as an investor in a social media company: a statement about social media’s role in our economy and a statement about Fidelity’s willingness to spend capital. Growth is happening. And the election tomorrow is all about growth.


It will be interesting to see how social media is used during tomorrow’s election. I have noticed that social media has not helped us keep issues in the forefront of our minds. Social media helps broaden reach but often doesn’t have the depth to make a lasting impact on the recipient. Even though we may get more information about candidates, it doesn’t mean that we retain it. Getting so much information dilutes the importance of any single piece of information. For some, the issues from the conventions and the debates are hard to recall. It is all about what has been said in the last 5 days. We, as a culture, have a miniscule attention span. The information flying at us doesn’t seem to have time to make its mark. Or maybe just the catchy stuff sticks. 


Tuesday will be quite a day. For anyone who needs a last-minute review of Mitt Romney’s record as governor of Massachusetts, I am happy to assist with this link. Full disclosure on what many MA residents think of their former governor: one analyst on NPR today referred to Romney not as Massachusetts’ “favorite son” but as our “ex-son-in-law.”

Friday, October 26, 2012

A Blogging Alternative

Guy Kawasaki poses an interesting concept in an interview with Social Media Examiner: As an alternative to blogging, it is easier to drive traffic via Google+ and Facebook. As a blogger, I am definitely not opposed to or offended by this idea. I think it is a legitimate claim. And as someone who has assisted small business owners who are not really interested in dragging themselves into a blogger role, I’d like to present this idea to non-bloggers as a potential piece of a small business social media strategy.

Guy is a former chief evangelist for Apple and the author of several books – most recently: What the Plus! Google+ for the Rest of Us. Once you have evangelized for Apple and wrote a few books, your opinion is asked on many things. And that is exactly what is done in this interview. But I will concentrate on his thoughts on this alternative to blogging and later hit a point he makes about the evolution of publishing.


The two main constraints felt by many bloggers are (1) running out of things to write about and (2) finding time to write. Working through that experience, Guy has found Google+ as his new base platform. Google+ and Facebook give ample space for lengthy posts, (LinkedIn, not so much, but it can still fit the bill for shorter posts). If you can capture your point in the space of a Google+ or Facebook post, maintaining a blog becomes secondary or non-essential. In fact, the sharing features of Google+ and Facebook make it easier to drive traffic to those posts than to blog posts.


Guy also describes the benefits of evolving from a blogger to a curator – that is, moving from standard blog posts toward spending his time discovering quality content he then shares with his Google+ audience. He doesn’t try to create new content as his primary communication. Instead, he acts as a curator of good information he finds that he thinks his audience will appreciate. His philosophy is, if you curate good stuff, people will still follow you. They will appreciate being fed the info they don’t have to find themselves. Guy makes a practice of daily visits to Top 10 lists from various sources such as NPR and TopTenz (and there are thousands more). A good curator must keep on top of what is happening in order to capture and hold an audience (Guy’s established reputation certainly doesn’t hurt either, but any of us can be rock star curators if we work hard enough).

For those adverse or reluctant to maintain a blog, this is a great concept for expanding your social media presence on Google+ and Facebook. It is certainly less of a commitment than maintaining a blog site. And the possibility of building a large following by leveraging the Google+ and Facebook sharing tools has great potential. Whether you choose to create or curate content, you still need to perform the legwork to find what your audience wants. But the bight-size info delivery idea is very inviting - from both a production and consumption standpoint.


Since I enjoy writing my blog, I have no plans to abandon it any time soon and adopt Guy’s approach. In fact, as my own style has evolved over the past 10 months, I have found a balance between original content and curated content. As more of a mix than what Guy suggests, I think there is great value in finding a good piece of information and sharing it in a blog post with my own perspective. I will certainly take his advice and apply the curating aspect more directly to my Facebook Page management – which can definitely use a boost!
 

If you listen to the podcast, you will also hear Guy’s thoughts on the evolution of publishing. Since his first book in 1987, he has seen publishing options evlove from a 6-9 month turnaround time in hardcopy, to a less than 7 day turnaround in electronic books. This piques my personal interest as I approach my goal of publishing a book before year end. I’m curious: Do you read books made of paper or delivered electronically on a Kindle, Nook or tablet? I wonder what my potential audience would prefer. Your opinions on this are most welcome! I won't make you read it!

Friday, September 28, 2012

A PR Toolkit for Small Businesses

I don’t spend much time in the press release side of marketing. I think all that is about to change Monday when a new Marketing Communications Director comes on board at my company. The director will be filling a newly created spot as my department takes steps toward molding itself into a real marketing department. What it means for me is an opportunity to contribute to the evolving social media strategy of the company, which is late to the party.

As I’ve tried to get smarter on all things PR over the last year, I have subscribed to PR Newswire’s periodic tips and, through them, recently found PR News’ Small Biz PR Report


If your small business is new to press releases or hasn’t even contemplated them, you might find the Small Biz PR Report blog worth exploring. It provides a cost-free introduction to the world of Public Relations (including social media, media relations, press releases, etc.) as a vehicle for expanding the reach of your business. Of course much of their free advice leads to a sales pitch. So remember the source and use it as a respected basis of opinion.


To narrow the focus even further, today I came across a recent post on the Small Biz PR Report that I thought was worth sharing. Pamela Bartlett, VP of channels for PR Newswire, has developed a PR Toolkit for small businesses that is packed with educational and marketplace information. This is a very good place to start for all levels of PR-savvy-ness -- whether you need to learn what a press release is or you have a decent level of familiarity with PR but don’t know quite how or whether PR and/or press releases can work for your business.


The Q&A with Pamela Bartlett is helpful and she makes a very good point that many small businesses perceive press releases to be just for large businesses. She stumbles with her first sentence, heavy on the marketing lingo. But she adjusts quickly and the rest of the dialog is very worthwhile. So that you don't stop at the first line and miss the subsequent insights, the gist of that first sentence is: Write about your latest business accomplishments or solutions and spread the word about them with press releases.


Ms. Bartlett comes across as a cautious social media supporter. And I applaud caution! In her interview, I quickly see that some of the fundamentals of writing a press release are shared with writing social media content. So if you do your homework with the PR Toolkit and other resources, and discover that press releases may be a tool you want to add to your marketing plan, you can leverage your knowledge gained in social media to write engaging press releases. And vice versa: Many of the PR Toolkit tips can be applied to writing social media content.


In reality, press releases, unbeknownst to them, were the stepping stones to social media – businesses use them to publicize significant events. Now we (businesses and individuals) use social media (and press releases) to publicize significant events. The danger and challenge is that so much is publicized via social media that it is hard to sort out what is significant.

Friday, September 14, 2012

Carrying a Social Media Tune

Because there is so much material out there on writer’s block in social media, it is an obvious challenge for many. Or, maybe bloggers blog about blogger’s block to try to work through their own block! One of the beauties of social media technology is that it brings potential topics, relevant discussions and the associated metrics to our fingertips. Staying on top of trends can be overwhelming but we cannot complain for lack of resources.

To help crack a writer’s block, it is essential to stay on top of trending topics by adapting a few of the following techniques:


  • Monitor Twitter & Facebook discussions and industry leaders.
  • Read the blogs you have sought out and subscribed to.
  • Poll your community.
  • Use LinkedIn Answers to troll for what questions are being asked in your industry.
  • Visit trending sites or social bookmarking networks to see what gets the most votes.
 
But at the end of the day, it is the tone of our delivery that can hold or dismay our audience. In music, striving for perfect pitch, a note out of tune can be sharp or flat. In social media, I'll meld tone and tune and equate a “sharp” delivery as one that brags or is delivered from a lofty space above the crowd. “Flat” would be the negative approach of conveying a success by pointing out failures of others in a demeaning way. Reaching that perfect pitch takes practice and requires writing with passion (not drama – drama and passion are very different!). And, of course, the “selling of the CD at the end of the show” needs to be handled delicately, respectfully, subtly and never overdone.

I recently read a blog post by Scott Weighart of Bates Communications who nicely summed up the tone of content to which he is attracted. I would draw up an identical list, so I thought I’d share his with you: 


  • Here’s a really provocative, interesting article that I wanted to share with you.
  • Here’s a funny observation or a counter-intuitive take that I have about something relevant to you in the world today.
  • I’ve got a concise thought about my area of expertise that will really make you stop and think differently about a topic that interests you.
  • I wanted to share a little story with you that will entertain, challenge, or move you emotionally.

I especially like his last point which includes the “out” to write about a side topic, but one in which your target audience may be interested. As I exercise my own communication strategy for my business, I like the flexibility to include blog topics beyond my industry in order to develop a closer relationship with my readers. Those off-topic posts won’t solidify a reader’s opinion of my social media skills, but it might help shape in their mind whether they would like doing business with me.

The more posts (blogs, Facebook, Twitter, etc.) we read from others, the better “ear” we will develop for recognizing tone. Understanding the differences between flat and sharp enables us to develop our own unique business or personal tone.

Let the music begin!

Friday, September 7, 2012

Back-to-School Reality Check

This has been a busy week, dominated by Wednesday’s mark as our town’s opening day of school. There are so many mixed feelings that come with back-to-school: sorrow that the summer is over, parental joy in watching the kids moving forward into a new grade or school, stress and anxiety at the anticipation of the unknown, frustration sitting in gridlock as Boston tries to move-in tens of thousands of college students all at once, claustrophobia in Staples trying to get the right supplies in a frantic setting equal to the shelf-clearing hysteria caused by an impending New England Nor’ Eastern.

This year, my back-to-school experience was broadened by learning that our high school athletic department is now on Twitter. I’ve watched Facebook become the grand communication tool for my son’s athletic teams, officially and unofficially. Now we have stepped it up to Twitter. It will be interesting to watch it catch on. The combination of Parent and Child audience should be an interesting, challenging target for the director. But it just reminds us all that this generation lives and breathes by social media. As email falls off the radar of these young adults (foreshadowing the demise of the e-newsletter), businesses need to keep in mind the evolving communication tastes of their target audience. Even though I’m referencing current high school students, the adults 5 and 10 years older than this crowd are already spending their new or newish paychecks. Businesses need to engage this crowd with social media in order to stay competitive.


While everyone moves forward with mixed back-to-school experiences, it is interesting how personal social media tools such as Facebook carry, primarily, the up-side of the experience. It has been analyzed that the bragging nature of Facebook can carry with it stress for those who read posts of others and feel left out or inadequate. It is human nature to want to report on good things that happen. But there is ample evidence of the dramatization of reality, as well as the flat-out pretending. Especially on the college scene, someone eager to fit in can get depressed at how much fun others are having – or seem to be having - without him or her (on Facebook, that is). The exaggeration is giving Facebook the reputation of dramatizing life. It is a real turn-off to many while to others who can’t see through the fabrications, it is a real source of anxiety. 

In business, it is important to remain true to your followers and true to your mission. Exaggerated claims only lead to trouble and a backlash of un-followers. Followers can be very savvy and quick to rat out braggarts. Businesses do not need to market themselves with false claims or pretend to be something they are not in order to attract a crowd. If you have a good product or service, don’t embellish it to earn followers. That is a short-term strategy. Win with creativity, engaging content, humor, information and truth. Oh, and hard work.

Monday, August 27, 2012

Coyotes Circling the Henhouse

I was awoken Friday night to a din that sounded like a pack of dogs. “A pack of dogs” was the first thing that went through my mind, even though I’ve never actually witnessed a pack of dogs! It was 2am and it sounded like the many neighborhood dogs had gotten loose and were staging a mutiny. Then there was a whistle or a yell and all went quiet. The next day, we discovered that three coyotes had been spotted a short block away, bringing the occasional news stories of wildlife encroaching suburbia that much closer to home.
 
Earlier in the summer, a black bear wandered into our town, to later be tranquilized out of a tree by police in a nearby town. In that instance, the apprehending, social media-savvy, police department sent a humorous tweet, with all due respect to Bill Martin, Jr. and Eric Carle: “Black Bear, Black Bear, what do you see? I see Brookline Police looking at me!”

 
I live in a sleepy little bedroom suburb of Boston. When did we begin to become so wild?! I suppose it has been gradual. There have always been the skunks, opossums, red-tailed hawks, and the occasional red fox. My friend helped the local animal warden corner a fisher cat a few years ago, which seemed rather exotic. I keep an eye out for deer off the exit ramp into our town and there is a definite spike in the bunny population. So maybe that is what is bringing the coyotes into town. From where?! The woods where my children play?! Hmm. Getting off-topic.


So, part of this realization about my surroundings is an evolving learning process for me. My neighbor diagonally across from me has three chickens, and has had them for years. It is a little unusual, but it fits with their strategy to acquire every potentially domesticated creature known to man, in their (successful) attempt to avoid getting a dog! I’ve gotten used to the chickens in the morning, as I lay awake, unable to sleep past 5am but equally unable to get out of bed until 6am.
 
But I was still surprised to hear, on further evaluation of the coyote situation, that my neighbor three doors down also has chickens (5 or 6!). And my friend who lives across the street from the coyote siting has chickens! I am certainly late to spot a trend. Those are only the ones I now know of. Now I see why the coyotes like my neighborhood so much!

 
All of these neighbors are Facebook friends with Red Cupboard, so I felt my worlds colliding as I read about a Facebook Page contest in which one of the finalists is none other than “The Chicken Chick,” an advocate for backyard chicken-keeping!

 
So for my favorite chicken-keepers and everyone else looking for small business Facebook page ideas, here are some great examples of small business pages with commanding Facebook presence and whose owners have faithfully kept them updated, generating high marks for fan engagement: The Social Media Examiner Top Small Business Facebook Finalists post. If you are looking for ways to improve your Facebook presence and engage your fans, these finalists offer some real-world examples of how it can be done.

 
Now, to see about getting myself some fresh eggs.

Tuesday, August 21, 2012

Vacationing Unplugged

Summer is winding down and the vacations we took fill my mind. If you know me well, you know that I live from vacation to vacation! So now I have a bit of a wait until December. Luckily I’m breaking up that long stretch with an October trip to Chicago and ND for a football game!
 

Vacationing unplugged is a common topic these days as adults try (some more successfully than others) to extract themselves from their work for a week and as parents try to pull their kids’ noses out of electronics to enjoy their precious free time unplugged.
 

Minus the tent and duffel bags on top. And the dirt.
I have a favorite childhood memory of a trip my family took out West when I was eleven. Let me tell you, round trip travel from Cleveland to the Grand Canyon -- 2 parents, 4 girls, a 6-man tent -- is a journey of many miles and memories. And now, as a parent, I have profound admiration for the challenge my parents embraced by taking that trip - bottle of Scotch, and all. I think when we joined forces with my uncle and his family in Boulder, there must have been a definite “there’s no turning back now” moment.
 

My sisters and I laugh about the memory of my dad calling very deliberately from the driver’s seat of our blue Chevy Impala station wagon: “Put down the Nancy Drew books and look at the wheat fields” (periodically substituted with hay bales/river crossing/hawk flying/mountains ahead/etc.). My parallel life finds me directing my boys with, “Put down the iPods and iPad and look at the horses.” Vineyards/valley below/cows grazing/etc. It is hard to find the balance when games and social media have become so engrained in our daily lives. Oh, to have to get a child’s nose out of a book!
 

I am not yet so connected with smart phones (still don’t have one!) and internet that I can’t disconnect. I love disconnecting – except when my email account gets hacked while I’m on vacation and I have to use my son’s iPad and a pizza parlor Wi-Fi to execute some damage control.
 

The constant connectivity is addictive, to the point where our disconnected environment (a.k.a., the world around us) sits at a distance from our physical lives. I have what may be classified as an over-zealous connection with nature and, when given the choice, I choose nature 100% of the time over electronics and social media. But I don’t think that is the way our culture is headed. I’m certainly not sure that is the way my children are headed. The New Yorker Magazine had a humorous cover earlier this summer of a family posing for a picture at a scenic overlook -- each person had a different electronic device in full use for the portrait. We are sometimes so eager to get a picture of what we are doing or seeing posted on Facebook that we miss the moment of awe or pleasure that our surroundings are offering.
 

I will be the first to admit and itemize the benefits of electronics and kids in a car (non-driving kids, that is) (have I mentioned that we drive round trip, Boston-Cleveland, twice a year?)! Or at the end of a long (but wonderful, nature-filled) day at the beach where I just want a beer and a crossword puzzle on the deck, in peace. And I don’t have the answer to finding the balance. But my kids know that when on vacation, there is still allocated “screen-time” and no one should assume that down-time means screen-time. 
 
Growing up, the big nemesis in my house was the television. So we were raised in a complete void of daytime TV and exclusively on the evening news, NOVA, Jeopardy, Little House on the Prairie, Wild Kingdom, The Wonderful World of Disney, The Waltons and The Justice League. Period. Compared to our peers, we were TV-illiterate. But somehow we all managed to learn the lyrics to Green Acres and Gilligan’s Island for the school bus rides. And as I reached babysitting age, I expanded my Friday and Saturday night viewing repertoire substantially. Where there’s a will, there’s a way! As a parent today, the nemesis is the internet, social media and games/apps. I can only control the allocation of time for a few more years. They will do what they want when they are on their own! I just hope that by then I will have instilled within them, amidst all of the techno-clutter, some value in observing and participating in the world around them.

 
My day is easily made when one of my boys in the back of the van says, “Hey Mom, look how many birds are on that wire!” He was looking up! And I didn’t ask him to!


Monday, August 13, 2012

Lessons Learned This Summer

My mixed bag of social media and life lessons:
  • Sports: MLB players on the DL take time to tweet from the dugout of the All-Star Game. Has social media surpassed sunflower seeds and tobacco spitting as baseball players' boredom beaters?

  • Celebrity: Predictions of new TV lineup successes are tied to the number of Twitter followers of the shows' stars.

  • International Social Media Binge: Olympics' Opening Ceremonies tweets clog the social media highway.

  • Olympics and Needham, MA: An unknown gymnast with nerves of steel earns gold medals and the love of her town - Way to go Aly Raisman! Puttin' Needham on the map!

  • Suburban Life: I love my neighborhood and my friends within it (this is not a new lesson, just a recurring realization that never gets old)! See photo below for details - nice to have our castle guarded while we were out looking for sharks.

  • Work: I am the only crazy person I know who starts a new job in mid-August - two years in a row!

  • Home Life: Pulling away from the house each summer day, leaving the kids behind, stinks.

  • Family: Children are joy. Two teenagers are harder than one.

  • Anxiety: Don't worry until they tell you it is time to worry. Otherwise, you've either worried for nothing or wasted time worrying twice as much as necessary.


Summer isn't over, but it sort of feels like it is almost gone! Make the most of what is left!

Sunday, July 29, 2012

Got Balance?

I had two revelations today as I was reading a piece in the Globe Magazine on the power of moms. From it, I learned that I, not being in possession of a smart phone, am in the 7% minority of moms who have internet access from any location (courtesy of Edison Research). Last week, I could have gone to the local library or borrowed my sister’s laptop and hotspot to check email while on vacation. But I chose to remain off the grid. 
 
My bigger revelation is that working moms need to leverage networking more and better. The mom-based groups highlighted in the article consist of new and relatively new moms who have collaborated via social media to create very powerful, collective voices, weighing in on new mom and toddler issues. I was in that seat not that long ago and I love the efficiency of the parenting listservs, discussion groups, and Facebook Pages that pull interested parties together (none of which I was lucky enough to utilize – dating myself!) 

 
Coming off of a recent experience of helping my employer find a replacement for me as I move on to a new opportunity, I read about these social media parenting groups and realized a need exists for moms in a different chapter of life: Moms working full time or part time, trying our hardest to find the right balance between work and family. 


In my replacement search, I sent emails to about 40 women I know who might be interested in my position or who might pass my message to someone who is interested. Wouldn’t it be great if there was a local discussion group for moms in the workforce or on the verge of entering? It would have been the perfect place for me to share my job posting. It could also be a great resource, as the membership grows, to share joys, frustrations, opportunities, and tricks of the trade. It would be perfect for women who are contemplating returning to the workforce after time off to raise children – a place to get motivated, to feel the momentum of a group of women who are succeeding in roles that seem daunting to anyone peeking through the doors. It would be a great place to go when the balance is tipping precariously to one side and we need the virtual support of women in the same boat to get our determination back on track; or to laugh about the insanity!
 
I had the great fortune to have a role model in my life who raised her family and then returned to the workforce as college tuition loomed. My mom didn’t go back to work as a hobby or just to exercise her brain. She went back for financial reasons, to enable us to attend private colleges. She didn’t want to leave my youngest sisters at home to fend for themselves in high school. But she did it. And what started out of financial necessity grew into a career that earned the organization she steered an honored spot on President George H. W. Bush’s “Thousand Points of Light.” Taking that huge step back into the workforce is at least twice as hard without a good role model to help keep your backbone steady and strong. As I found myself eerily, but not uncommonly, in her shoes, I am grateful to have first-hand knowledge of her successes.

 
Women re-enter the workforce for a variety of reasons, some not always exactly as planned; spouse job loss, relocation, death, divorce, or financial hardship. The happier stories are re-entry because we miss the work or it is simply "time." And there are plenty of those stories, thankfully. All of these scenarios could use a good network to help jump-start the process. I know they are out there, but I'm taking a pro-active approach.


In my own little corner of the world, I’ve set up a LinkedIn Discussion Group called "Got Balance? – Needham, MA." If you are in Needham, on LinkedIn, in or nearly in the workforce, and still raising a family (seems like a lot of criteria, but that is just the tip of the iceberg of our personal definition!), I hope you will consider joining the discussion. If you are outside of Needham, consider starting a local network of your own. If you are male and know a woman who might benefit from this idea, send her this post! I am optimistic that these local discussion groups will grow into useful networking tools for many people for many years.
 
If you are a small business that markets to young mothers, the Globe Magazine article is required reading. If you are a small business that doesn’t market to mothers, you might want to start! In addition to the stunning fact that at least 85% of family spending is controlled by moms, here are some of the statistics from the article:

 
How and How Often Moms Connect (Edison Research):

 
  • 93% have internet access from any location,
  • 61% have a smartphone,
  • Moms spend an average of 2 hours 43 minutes per day on the Internet – that’s up from 53 minutes per day in 2002,
  • Moms check their Facebook page an average of 4.7 times per day (compared to 2.1 times per day for dads),
  • 46% use social networking websites several times per day,
  • 35% have 5 or more devices in their home connected to the Internet,
  • 74% have a wi-fi network in their household.
 
Got Balance?

Monday, July 2, 2012

Social Media Fun House

Cedar Point, the great Ohio amusement park, used to have a Fun House that was scary, good fun. Along with the standard Room of Mirrors, black-lit ramps and undulating floors, it had a rubbery floor which made you feel as if you were walking on the stuff they used to fill Stretch Armstrong! There was also the darkened section where some panels were fixed, while others gave way to new paths or nightmare-invoking clown bobble-heads. As a non-risk-taker, the Fun House was one of those places where the fears I wrestled at the entrance were overwhelmed by my sense of adventure and pride, as I held my breath, ducked my head and pushed my way in. It was an attraction that gave me many sensations I really didn’t like, but ones which I couldn’t resist.
 
This memory came to mind this weekend as I assessed my stance on social media, in light of Saturday’s Social Media Day. The commemorative day debuted in 2010 when Mashable introduced it as a way to recognize the digital revolution happening right before our eyes.
 
I have experienced and read of the wonders of social media for small business. These tools level the playing field for the smaller players, enabling us to directly connect with industry experts, capture attention of global vendors, gain notice from target audiences and critics, and reach into buyer homes we never before could access. With social media, spare bedrooms can be transformed into home offices capable of offering products and services with an expertise level on par with the industry experts. Dining room tables can become Command Central for small businesses whose online presence explodes overnight.
 
The Internet and social media tools enable us to know our new customer or boss before she or he steps in the door; qualify leads in an hour when it used to take weeks; become a thought leader as our creative posts gain traction; reach across continents and oceans to find the experts we need to take the next step in our business and/or professional growth.
 
The positively charged power we are given to expand our presence with social media tools comes as a package containing the risks of receiving negative (however warranted), viral feedback, and managing those experiences publicly, with composure and realism. I could use the House of Mirrors as an easy analogy to the social media experience where the potential for distortion and surprise dead-ends is perceived as too risky. It is true that some control is sacrificed by putting ourselves out there for public consumption. But the potential outweighs the risks. And businesses that wait outside the social media “Fun House” because the perceived risk is too high will be left behind.
 
From a personal standpoint, social media brought my far-flung family and friends to my fingertips through Facebook, enabled old school friends and business colleagues to find me on LinkedIn, and gave me a vehicle with which to spread my thoughts and ideas through blogging. As these tools became accessible to me, so did the tools and social games become accessible to my children – the flip-side of the fun being the serious, constant job of policing my children’s access. There are too many choices – some taken intentionally, some taken with a complete lack of understanding. What starts out as fun can turn dark in a flash, private info can spread to an incomprehensibly large audience, bullies are given a vehicle for destruction, and predators are allowed unprecedented access.
 
This personal piece of social media is what most distinctly reminds me of the Cedar Point Fun House – the kids march through with their hearts in their throats and the bravery of an explorer, hit a panel that takes them off in a different direction, and what opens before them is unbridled access to worlds we do not control. Society pulls us in to social media, as wary parents hold off allowing their 'tweens access to Facebook, until they realize that is how the coaches communicate with the players. In we go.
 
Social media has been blamed for making us more disconnected and distancing ourselves. I see this perspective and recommend that we respect it in order to effectively execute a social media strategy in business. But I stand in the camp that sees social media’s great value as a connector – professionally, politically, personally, and culturally. I also strongly believe that no amount of technology will ever take the place of the value gained from live, in-person, face-to-face connecting. 

So don’t pass up the opportunity to foster or cement any relationship with a face-to-face meeting.

Monday, June 11, 2012

Navigating the Information Wave

When I made the deliberate decision to embrace and enter the social media world, I experienced two feelings: (1) excited in the discovery that the vast majority of tools I needed to learn and manage social media was accessible from my home office computer and (2) completely overwhelmed by the volume of information and the rapid rate at which it continues to multiply.
 
The reason I bring this up to people who are contemplating the wade or dive into social media, is because the feelings I experienced (and continue to experience) are universal. It is important to be prepared for the feelings that accompany an entry into social media, if simply for the purpose of recognizing them and being able to move on.  The worst outcome is to feel beaten by the overwhelming information crush from the get-go. Rest assured, we’ve all felt it!


The information wave which rolled over me seemed particularly large because not only was I learning new social media tools and techniques, but I was doing it in the arena of social media where all of the gurus and wannabes crank out hourly updates. I was blogging, tweeting, using Facebook and LinkedIn, reading other blogs and e-newsletters I'd subscribed to and some I hadn't, downloading e-books, watching webinars (live or archived if I missed them) and I had a constant feeling of being behind the eight ball. Analyzing the new information, separating the wheat from the chaff, quickly became more chore than challenge. I eventually discovered that the best approach was to admit that I could not keep up, but I could still do a good job. Without reading every post or attending every available webinar, I am still able to learn an enormous amount and can still design an effective social media strategy for myself, which translates into designing effective strategies for others.
 
Now I feel somewhat validated in my roundabout conclusion after reading a blog post from Peter Bregman, a strategic advisor to CEOs who contributes to the Harvard Business Review blog. He wrote a blog post back in 2009 which continues to get reposted because it rings so true: Two Lists You Should Look At Every Morning. His main theme is that we must be willing to risk missing some information. We need to sharpen our focus, to actively choose to miss information, to define and accept what we are willing to give up in order to succeed. In this world of constant information streaming, ignore the urge to do it all.

 
As we work endlessly to use our time wisely, I highly recommend reading his helpful blog post. Peter articulates so well the overwhelming world in which we operate and the importance of developing our ability to focus on what really matters. It works in business. It works in life.

Tuesday, May 29, 2012

Financial Services Connect To Their Audiences With Social Media

Financial services firms face specific challenges when it comes to social media. Between being heavily regulated and meeting client confidentiality objectives, they may seem unlikely users of tools designed to broadcast information and invite dialog. However, financial services firms are embracing social media tools to their great advantage. If you are in financial services and have considered yourself out of the running for expanding your web presence through social media, perhaps the following example will inspire you. It may make you re-think your approach.
 
I first learned about OpenView VenturePartners from Social Media Examiner which highlighted the Boston venture capital firm in one of their blog posts about creative social media marketing. I watched their video of “OpenView in 60 Seconds” and I was impressed! I mentioned it in a previous blog post about adding YouTube videos to the social media mix. In the OpenView video, Managing Partner, Scott Maxwell, sums up his firm’s focus and gives his personalized view of his involvement in less than 2 minutes. The video lives in a library of other OpenView topical videos on YouTube. They obviously understand the impact of personalizing their business, delivering a crisp, creative message and catching viewers’ attention with insightful, low-commitment video productions.



OpenView’s lively website offers links to a number of social media tools (Google Currents, Google+, LinkedIn, Facebook, Twitter and an RSS Feed). Take a look at their Facebook Page to understand how a financial services firm can present a creative social presence without violating any regulations or client confidentiality. Their topics are ones any financial services firm can use to personalize their business -- attracting an audience and keeping them there with upbeat updates. The topics they cover include:
 
  • internal happenings such as rites of Spring and employee promotions
  • sharing links to other creative marketing ideas
  • offering thanks for media coverage they received
  • reporting on events in which they recently participated
  • updating an album called “Faces of OpenView” with pictures of employees at work and play
  • tips on how they keep their own creative juices flowing
  • fun things they discover along their own business journey

Announcing new clients and showcasing events they sponsor are about the only ways they directly report their business operations. The rest of the time, their Facebook Page focuses on providing a deeper understanding of the people who make the company hum. They allow their public to get to know their employees’ interests outside of OpenView, attaching a very human quality to a business.
 
Last month, Financial Times reported that financial services firms are embracing social media, a trend in line with the industry’s tendency to be on the cutting edge of technology (Financial Times, April 15, 2012: Financial Services Firms Embrace Social Media). FT references a study prepared by Corporate Insight who surveyed 90 financial services firms about their Facebook and Twitter use. Corporate Insight confirms the importance of connecting with targeted audiences on a personal level, through social media (For the whole article, click here to register with FT for free).
 

The use of social media by financial services companies has increased substantially over the past few years, with great results for firms who have incorporated it thoughtfully into their marketing strategy. Revisit social media’s role in your financial services firm, especially if it is not already part of your marketing strategy. With some creativity, you could be cultivating a community of followers which could grow your business!

Sunday, May 20, 2012

Small Business Week Is What You Make It

Did you know that small business products and services are responsible for half of the entire U.S. gross domestic product (GDP) (according to the U.S. Department of Commerce)? Another interesting fact I recently learned is that more than 80 percent of U.S. businesses are family owned (according to Matt Allen, Asst. Professor of Entrepreneurship at Babson College). I recognize that many family businesses are large, but I’ve included the statistic here because I was so amazed by it and because all of the family owned businesses I personally know are small businesses. I found both of these statistics remarkable and wanted to learn more about what a small business can get out of a national recognition of small businesses.

This week, the U.S. Small Business Administration sponsors National Small Business Week to celebrate the large contributions made by small businesses. One of the first things I noticed on their website is that the sponsors are some of the largest companies in the U.S. That sponsorship is a very supportive statement to small business owners – the giants recognize our worth and want us to succeed. Knowing they certainly do not feel threatened by our success (!), it is a nice feeling that they carved out a piece of their huge marketing budgets to sponsor the event which honors and empowers small businesses. It is a confidence-booster, a nod from the big leagues that our work does not go unnoticed. Maybe they recall their own roots. Perhaps getting their names on a nationally advertised event carried more value to them than the moral support their sponsorship provides. But I choose to view it as an attagirl! and to dismiss the thoughts of self-promotion.

So, back to wondering what small businesses can get out of this week-long event. The National Small Business Week website offered registration to valuable events this week in Washington D.C., as well as online contests that benefit small businesses. The events include dedicated networking time slots and they cover topics such as creating an economy that lasts, getting noticed by big companies, changes in lending practices, going global, and, of course, social media.

Getting like-minded individuals together is always filled with great potential for education and collaboration. In a gathering of small business owners, there is so much knowledge to be shared, collective clout to be harnessed and applied toward change, and issues to elevate with an eye toward solution.

For most of us who are not heading to Washington this week, we can take a few minutes from our busy schedules and look around at our local small business scene. With whom can we collaborate to build relationships and broaden our business? What could we do in terms of local contests to create or strengthen the cohesiveness of our local small business culture? Are there any local banks or vendors who are taking Small Business Week to heart and offering programs or products focused on small businesses? What events go on locally that we have overlooked or intentionally missed? Maybe it is time to give them a try. All of these actions can raise the profile of the local small business community.

Similar to an alumnae networking event I recently attended, we can always learn from our peers – even when we least expect it. Strength in numbers comes from talking to people in the same boat, feeling less isolated, swapping ideas, fostering alliances and friendships, and feeling pride in how far we have come.

So for small business owners, this week may be what we make it. It could be a week that, with some reaching out on our part, opens new doors to future growth. For potential and repeat consumers of small businesses' products and services, your efforts to patronize a small business this week are especially appreciated.