You are browsing the archive for Business Tips and Tricks.

by Mark

Interview with Shama Kabani - Marketingzen.com

12:44 pm in Business Tips and Tricks, Entrepreneur News, Interviews, Social Media by Mark

Shama Kabani YGG readers! Before we get back to the much awaited business blogging we have an interview that you WILL NOT want to miss. Intro to Shama Kabani, President of the Marketing Zen Group and suitably named one of the 10 Most Influential and Powerful Women in Social Media. The Marketing Zen Group is a full-service online Marketing firm who specializes in turning clicks into clients. Check out Shama’s own Web TV show “Shama TV” as she gives you tips and tricks to come out on top of the Social Media game. Here is our YGG interview with Shama Kabani and check back for our review of her newly released book, The Zen of Social Media Marketing.
We know you’re a “Young Go Getter”, but so our readers know, how old are you?

25 in 2 WEEKS! I’m celebrating in Las Vegas. Okay…okay – I am speaking in Las Vegas around my birthday so I figured we might as well mix business with pleasure!

Can you tell us the quick history about yourself, and what drives you to succeed?

Well, I run The Marketing Zen Group – a full service digital marketing firm based in Dallas with a staff of 20. My background is in academia – as I studied social networking in graduate school at UT Austin. I am driven by a sense of wanting to give back to the world – whether it is teaching social media marketing to business owners or hiring talented folks to grow our company. Right now, it gives me great pleasure that our business sustains 20 families and supports a global clientele.

We know you are a younggogetter, but I am sure there is more to you than that. What are some other jobs you have done prior to you current one or new projects you are currently working on?

Today I am an author and run a digital marketing firm, but before that I ran a coaching practice. Prior to that, I was in graduate school getting a degree in Organizational Communication.

Adversely, what has been your biggest vice?

I have 2 big vices. Chocolate and books! This is what I spend most of my money on. = )

What can we expect next from the talented Shama Kabani in the near future?

TV? I do love shooting my web TV show – Shama.Tv. Right now I am enjoying doing both – building my company and my personal brand. I am definitely going to continue to speak, and I am hoping to write more books. Writing The Zen of Social Media Marketing has been SUCH a surreal and rewarding feeling.

Everyone starts to feel burnt out on a project every now and then. What do you do to keep yourself motivated and focused?

That is an excellent question! Believe it or not – I read! I love reading historical fiction to recharge. I also love hanging out with my family and playing with my dog Snoopy (the office mascot!).

Can you give us three tools that you use every single day to make your life as a younggogetter more efficient, productive, and fun?

My three favorite tools are: The Kindle, Skype, and Outlook. The Kindle allows me to tote around multiple books – especially when my speaking engagements have me traveling cross country. Skype allows me to keep in touch with all our employees across the globe. I can’t imagine a better tool for communication! Outlook keeps me organized! I know it is a bit more old school than Gmail – but I still think it is a very valuable tool.

What is your favourite quote?

When you get to the end of all the light you know, and it’s time to step into the darkness of the unknown, faith is knowing that one of two things shall happen: either you will be given something solid to stand on, or you will be taught how to fly.” - Edward Teller

And last but not least, if you could give one piece of advice to fellow Young Go Getters, what would it be?

Be OPEN! So many times I see Young Go Getters who keep trying their hand at one thing because someone told them that is how you make money or because that is what they “studied” for. You have to be open to where life takes you and then make the best of it.

by Mark

Interview with Ashley Bodi - Bussinessbeware.biz

9:51 am in Business Tips and Tricks, Entrepreneur News, Interviews, Stuff We Love by Mark

Ashley Bodi

Is the customer always right? Not all the time says Ashley Bodi, Co-Owner of Business Beware, a company that helps business owners deal with those “hard to please” consumers and fight back against those non-paying, and sometimes downright shady customers. Check out what Ashley had to say in this YGG interview.
We know you’re a “Young Go Getter”, but so our readers know, how old are you?

I just turned 27 in February in which I am still trying to process haha!

Can you tell us the quick history about yourself, and what drives you to succeed?

I think I knew when I had my first lemonade stand as a kid that I had the entrepreneur bug inside of me. Although I sort of denied it for a long time and went to college on a volleyball scholarship and went in undecided like the other 80% of people going to college do. I was never into the whole school thing, I loved to learn what interests me not something you have to read on a book list. In college I debated on what I wanted to do mostly because you have so many telling you that you have to decide on this one thing to do for the rest of your life and who truly knows what they want to do the rest of their life? I ended up graduating in 2005 with a Communications and Marketing degree. I still didn’t know what I truly wanted to do although in the back of my head I had that thought of being an entrepreneur. It’s tough though because people and society don’t encourage entrepreneurship although most jobs would not be here today without those who thought outside of the box and started the businesses they did. I headed out to Los Angeles to work on a documentary because I thought it was something I wanted to do and it sounded awesome at the time but soon after I got out there I realized that this was not where I was supposed to be. Not too long after that my dad called and asked if I wanted to come to FL to work for the family businesses and I took him up on it. It was when I started to work with my dad that I noticed what the other side looked like when dealing with all kinds of customers. With every job you deal with customers but it’s a completely different thing when you’re the owner, believe me I had no idea. And that’s when it hit me about something my dad and I had talked about when I was getting out of college…he said that there should be a site where businesses can warn each other about problem customers like something of a reverse Better Business Bureau. I went to him one day after we just fired one our problem customers and said “we have got to create this site, it’s time to stop customers like this who take advantage of businesses.” And so from that day on BusinessBeware.Biz was born. I knew I had my work cut out for me with having to teach myself how to build a site that could function how we wanted it to and to get the word out about it was going to be a challenge too, or so I thought. There were many nights I stayed up until 2 or 3 am working on this concept and had whiteboards with information all over my condo for months. We finally launched the site in May of ’08 and since then cannot believe the awesome feedback we have received with helping businesses all over the country. After about 6 months we had businesses from Canada contact us wanting us to open it up to them as well so we added them soon after that. Since then Business Beware has become a voice for the business owners.

We know you are a younggogetter, but I am sure there is more to you than that. What are some other jobs you have done prior to you current one or new projects you are currently working on?

Well since I had no idea what I wanted to do I worked a lot of different jobs just to make ends meet or extra money in college. I have worked in/at retail, restaurants, gyms, been a lifeguard and others that I don’t really regret because they made me the person I am today. I think it’s important to work at jobs you don’t necessarily like because then you figure out what you do like and you learn to suck it up and just do it. I love to be inspired and I love to inspire people as well. I think you learn from each other and it’s amazing what you can learn from other people and their businesses. If it was not working for the family business over the past few years I don’t think I would have had the passion for Business Beware like I do right now, so things always work out and happen for a reason. Right now I am focused on Business Beware and the radio show we launched a few months ago. It’s a lot of work getting that radio show together on top of running Business Beware, but I would not trade a single second of it. I’m also focused on showing others my age, younger or even older that it’s okay to go after what you want and don’t let anybody tell you it can’t be done. In my parents words “the sky is the limit.” I love meeting new people and talking with them about what they do, it inspires me both with my work and life. Life is too short, so do what you love.

Adversely, what has been your biggest vice?

I tend to get really creative and always trying to think outside of the box with Business Beware and other things I do. I’m always coming up with new ideas and others have to remind me, what you have is good! My programmer Shelley, always has to bring me back to reality with my creativeness when I get new ideas so I am thankful she keeps me straight with that. And with the creative thinking I will stay up late researching things and learning more even when I’m just flat out exhausted but what do you do? I love to learn!

What can we expect next from the talented Ashley Bodi in the near future?

I am truly focused with seeing Business Beware and the radio show through. I have a huge respect for business owners after seeing the other side and working for the family businesses. I respect my father and mother so much for what all they have endured and done for our family through their business. Any family or small business for that matter staying afloat right now with the economy is just amazing. A lot of that comes from the passion they have for what they do. I want to help businesses any way I can and let them know that no matter what business they have Business Beware has their back. Consumers have so many outlets where they can voice their thoughts about a business but why is it wrong if businesses want to warn each other about problem customers? It’s a two way street and even most customers would second that. We are not a blacklist site, it’s about letting both sides communicate with each other and hopefully work out the situation and letting business owners know what they’re getting into before they do a job. The radio show is also something I really want to concentrate on. There is nothing else out there like it. No one is taking a stand to say “hey the customer is not always right.” Our show is about the other side and why they are not always right and different situations where the customer has given the business a headache. It’s such an untouched topic because everyone wants to complain about how businesses did them wrong but the news never talks about what happens when the business owner gets scammed by a problem customer. So my focus at the moment is the site and the radio show and being a voice for businesses all across the country. And you never know I always have a few tricks up my sleeve, so watch out!

Everyone starts to feel burn out on a project every now and then. What do you do to keep yourself motivated and focused?

Everyone can always feel burned out at some point but honestly I have never felt that way with working on Business Beware. In the beginning I won’t lie that I felt like banging my head against the wall many times trying to create the site etc. but everyday it’s a new day and I am motivated by those I meet and businesses I learn about. If I ever come to a bump in the road somehow it all works out, which is awesome. I think if you are truly passionate about what you do then you won’t get burned out you will look forward to every minute of every day and if you do go for a nice long run!

Can you give us three tools that you use every single day to make your life as a younggogetter more efficient, productive, or fun?

Oh man, I am such a technology fanatic it’s sad. I don’t know what I would do without my blackberry. Seriously, I try to keep a planner and I start out great but I always forget about it and don’t use it. So I keep up with everything on my phone and with us being an online site email is such an essential to my everyday work. It’s awesome that I can check my emails no matter where I am and get back with people quickly. My computers are right up there too. I have a desktop pc and an Apple lap top (yeah I know it’s like a double standard there). I use both to get things done throughout the day and while working on other projects I currently have going on. And of course we can’t forget the iPod. I love music and it’s amazing how music can put you in a certain mood. I use the iPod at the office and occasionally sing along (yeah it’s not that pretty) because it keeps me focused and upbeat at the same time. It’s also my way to end the day with a nice run and the tunes pumping!

What is your favourite quote?

Ah, I have so many quotes I love and that motivate me but this one I always love, “There is no such thing as limits to growth, because there are no limits to the human capacity for intelligence, imagination, and wonder. –Ronald Regan.”

And last but not least, if you could give one piece of advice to fellow Young Go Getters, what would it be?

Never give up. It takes a lot to be an entrepreneur and many don’t understand why you would want to go against the flow and do something on your own because it’s risky. Well sure it’s risky, anything you do in life is but to say that you built that business/company/organization is a great feeling. Don’t let those people get you down when they are not on board with your ideas, they just are not in the same mind set as you and when they tell you it can’t be done just reply with “watch me.” Some of the biggest names today were turned down or told no many times before they succeeded and it can be tough to hear no but take that and let it drive you even more. When I get told no, I am moving on to the next person to say yes and my drive is stronger than ever and that’s how you have to be as an entrpreneur. Yes, you are going to hit some ruts but if we didn’t have ruts on a mountain how would we be able to climb it? You can’t climb a smooth surface mountain, it’s impossible. So if you believe in something then go for it and don’t let the others bring you down.

BusinessBeware logo

by Justin

Expanding your Online Business with a Merchant Account

1:01 pm in Articles, Business Tips and Tricks by Justin

Today, consumer attitudes and preferences are increasingly favoring credit cards when paying for their everyday purchases. Expanding your businesses payment options to include credit card processing can improve ROI, increase competitiveness, as well as increase customer loyalty and satisfaction. Having credit card processing in place is a great decision for pretty much any small business no matter what industry or sector you operate within. The first step in processing credit cards is getting your business set up with a merchant account.

A merchant account allows a business to accept payments made by either debit or credit cards. Since credit card companies rarely directly transfer funds into a business’s bank account, a merchant account provider acts an intermediary between credit card providers and the business.

The initial step that you need to take when getting a merchant account is determine the type that best suits the needs and nature of your business. There are a couple varieties of merchant accounts currently available on the market, all designed towards different types of businesses. For example, there is the retail account, which is the most common type of merchant account in use today. These are geared more towards brick and mortar shops and businesses that operate traditional storefront operations. Another type- internet merchant accounts, allows a business to accept credit card payments through their website via a virtual terminal. There are MTO’s(mail order, telephone order), mobile accounts, wireless accounts and other various niche accounts that round out the rest of the market.

Determining the type that will best fit your business will help you figure out what lenders to apply to as well as what services your store will best benefit from. Remember, that there isn’t a one-size-fits-all approach when it comes to merchant accounts. In making your decision, some factors to take into consideration are the types of products/services your business sells, size of the business, business strength, a provider’s prices and fees, as well as the services they provide. Many of the large merchant account providers offer a range of ancillary products and services including check conversion, fraud protection, and gift & loyalty card solutions.

Prices and fees associated with a merchant account can vary depending on the provider and type. Typically, providers charge a fixed fee for every transaction in addition to taking a percentage. There are also associated setup fees, monthly fees, and some vendors require a monthly minimum amount of orders. For businesses that conduct business on or over the internet (card not present transactions) lenders will apply slightly higher rates and fees. For example, many major merchant account providers like North American Bancard and Pay Pal charge more for “card not present transactions” especially if a business only accepts certain cards.
Below is a list of common fees that providers typically charge:

· Chargeback fees
· Transaction fees
· Discount rate
· Address Verification fee
· Monthly minimum fee
· Statement fee
· Internet Gateway Fee
· Annual fee
· Cancellation fee
· Hidden Fees

Be sure to shop around in order to find the best contract because the costs can vary greatly. While there are a lot of reliable lenders out there offering good deals, there are also plenty looking to take advantage of naïve owners. For more information pertaining to merchant accounts look here: Understanding the basics of a merchant account can help you to select the best option for your business. Take the extra time and conduct proper due diligence when shopping for a merchant account to make the most from your hard-earned dollar.

Project Management for Entrepreneurs

3:25 pm in Articles, Business Tips and Tricks by Clayton McIlrath

Project Management can easily make or break a company of any size. If there’s anything I miss about working for “the man” it’s having someone else responsible for managing client communication, deadlines, and the tedious tasks that interfere with the bulk work. Even though a PM may get under your skin a few times or peer over your shoulder every other minute.. you can usually still look back and see the value in meeting ridiculous deadlines and not having to worry about client communications.

Interestingly enough, many project managers are women. Females naturally seem to be more organized, decisive, and understanding when it comes to project management. They have a way with connecting with clients and ensuring markers are met. Whether you have this natural ability as a male or female is irrelevant, what matters is that many entrepreneurs reading this don’t have an extra $40k+ lying around to hire a project manager. What to do? Well, here are some resources that may make up for your lack of management/communication skills

How to Build a Strong List for Email Marketing

2:17 pm in Articles, Business Tips and Tricks by Eric Brantner

Did you know that email marketing’s ROI was about $45 for every $1 spent on it in 2008? Without a doubt, email marketing has become one of the most effective methods of direct marketing. When done properly, an email marketing campaign costs almost nothing to launch and maintain, and it generates a ton of revenue for your business.

Now, there’s a saying in email marketing (and direct mail marketing for that matter) that goes like this: It’s all in the list. In other words, without a good email list, your marketing efforts will be crippled. Building your own list is the best way to create a highly targeted subscriber base that responds to your message.

Here are some tips to help you build a strong list for email marketing.

• Place signup forms on all pages of your website—Not everyone is going to be arriving at your website through the homepage. Because so many people use search engines, visitors could land on the deeper pages of your website. That’s why it’s so important to have signup forms for your email list on every page of your website. To get the highest response, place your signup box above the fold, and have a simple call to action by it (e.g. Get a FREE copy of my new eBook (Insert Title Here) when you sign up for our email list!). Some studies have shown that placing a simple privacy disclaimer, like, “We value your privacy”, underneath the signup form can also improve your conversion rate.

• Have a signup link in all emails you send-If you’re like me, you’re emailing back and forth with clients, prospects, and colleagues all day long. One simple thing you can do to get a few more subscribers is to include a signup link for your email list in your email signature. Again, offer a straightforward call to action encouraging readers to sign up.

• Offer a freebie for signing up—Sometimes, you need to give people an extra incentive for taking the action you desire. One of the most effective ways to motivate visitors to subscribe to your website is to offer them a freebie in exchange for doing so. This can be something as simple as an eBook or a whitepaper. You could even try to tempt them with a special coupon offering a discount on your products or services.

• Keep the registration process simple—If your registration form has 20 entry fields, you’re doing it wrong. Remember, people are generally a little wary about giving you their information as it is, so forcing them to complete a long, detailed registration form is only going to scare them off. Ask only for the most basic information (name, email address, location) so that they can signup in just seconds. The easier you make it to sign up for your email list, the higher the number of people that will sign up.

• Have a physical signup list at your store and at events you attend—Look offline to build up your email list. If you have a physical storefront, have a signup list in your store, or you can ask customers at checkout if they’d like to subscribe to your newsletter for special deals. Also, if you attend trade shows and conferences, bring a signup list with you for your booth.

Do you use email marketing for your business? Share your experiences in the replies.