Stop Telling And Start Selling

Regardless of what industry or type of work you do, at some point you really have to sell a product/service, information, ideas, or even yourself. Often times, people are unsuccessful at selling because they get caught ‘telling’. When you become a teller, your words lose face value. I am going to discuss some key psychological strategies that will help you be a seller, not a teller.

 

Regardless of what industry or type of work you do, at some point you really have to sell a product/service, information, ideas, or even yourself. With every scenario, there’s a different approach of selling.

 

 

Often Times, people are unsuccessful at selling because they get caught ‘telling’. When you become a teller, your words lose face value. Once you lose value, you’ve lost any chance of selling to this individual.

 

 

Having the ability to sell has become an extremely powerful tool in the world. While every niche or industry has specific selling points, they all share a general approach.

 

 

Whether you’re trying to sell yourself in an interview or sell to clients, there are some key techniques you should be using. I am going to discuss some key psychological strategies that will help you become a seller instead of a teller.

 

 

Appeal to Emotion

 

Today, the unlock button on my i Phone 4S got jammed. I was real upset because my battery was draining fast and my phone was semi-broken. I went to the Apple store and they it would take me 3-4 days to get an appointment with a specialist.

 

 

What a joke. I could not live with a half-broken phone for 3-4 days. I immediately went to Verizon and here is where I really began selling it to them. The greeter told me I needed to schedule an appointment with their specialists and that wouldn’t be available till later.

 

 

Having to run to a meeting soon, I decided to talk to their sales reps about upgrading to the i Phone 5. While talking to him about how I could potentially find a way around my upgrade date of next June, I began talking about how difficult my day was because of the issue on my phone.

 

 

I started to talk about how frustrated I was and how hard it would be for me to carry on my business because of this phone issue. He then told me that he would order a replacement and get a new i Phone 4S sent to my house by tomorrow.

 

 

I sold him by simply appealing to his emotions and getting him to empathize with me. Somewhere along my calm chatter, he must have realized how bad his life would have been if he was in my situation. Thus, he took the extra step to help me out and I was very thankful for it.

 

 

Long story short, I was able to get a brand new i Phone 4S and he was able to qualify me for the new i Phone 5 tomorrow. Not only that, but I was able to save $20 a month on my cell phone plan and built a personal relationship with the guy there.

 

 

We exchanged contact information and I’m even going to get a text message from him at 6:30 AM letting me know what the lines for the i Phone 5 look like. I was able to achieve all this with a 15 minute trip to the Verizon store.

 

 

If you can really connect with an individual and appeal to them on a personal level, you will close them. Don’t yell or tell someone what to do or how to do it. Express things from your point of view and just try to be human. If you can do this, I guarantee you will be a successful seller in whatever it is that you sell.

 

 

Bring The Value

 

When you’re trying to sell to an individual especially, you need to bring a specific value. As much as people love hearing about what you know or do, people want to know what they get out of it. Everyone is in it for their own benefit, the quicker you show them their benefit, the closer you are to a sale.

 

 

Before anyone ever makes a purchase or decision, they must see some kind of value or benefit for themselves. For example, I have a subscribe box on the right side of my blog. By subscribing your notified every time a new blog post has been posted.

 

 

However, very few people have signed up for this. This is probably because people don’t see a strong benefit in exchanging their email address just to hear about my new blog post.

 

 

From the number of emails I’ve been able to amass in the last one month, it definitely has no value to my readers. However, I am going to be giving away a FREE e-book to my subscribers and I am sure people will find that to be a stronger benefit.

 

 

Whenever you are selling someone or something, always show them the benefits. Examples of phrasing this could be, “The benefit of using our services is…..” or “If you buy this product, you will….”. Instead of assuming your ‘customer’ knows the benefits of your offer, you need to directly tell them so that it is clear.

 

 

Help People Visualize

 

 

It’s one thing for you to say that your product will change my life and another to actually show me. Often times, we as sellers completely forget to let our results or product do the talking for us. Anybody can say they have a life changing product, but how many of them can actually prove it?

 

 

If you can show your customers the truth of what you are saying, it’s an easy close. As I have gone through the ropes of hiring multiple teams, I have always hired the teams that have proved me their worth with data, visuals, or actions rather than their words.

 

 

Tell people what you offer, how you do it, why they will benefit, and then show them visually. If your visuals can stay up to par with your words, I guarantee you will close more customers than ever before.

 

 

When selling, there’s only so much you can do with just your words. Instead of talking in circles, show your customers exactly how serious you are. Use statistics, metrics, images, success stories, or anything else that can prove what you say.

 

 

 

Put Yourself In Their Shoes

 

 

Before you can really sell someone on something, you need to put yourself in their shoes. Not only do you need to know what they might be thinking at the time, but you want to get a good idea of how their day has been going and what’s on their mind.

 

 

If you can psychologically be in the mind of your customer, you are one step closer to selling them something. Before you begin your selling pitch, always ask the customer how their doing to get a general sense of their mood.

 

 

If someone is irritated or has had a long day, their level of patience is much less than someone who just had a great vacation in Maui. You need to analyze your customers mind and act accordingly.

 

 

As I was saying above, before you sell to your customers, you want to get on a friendly level with them. If they just went to vacation in Maui, ask them how it went and relate by mentioning a similar trip you had.

 

 

Instead of jumping out to a sales pitch from the start, chat about a similar interest or something going on in the world. Anything that essentially breaks the ice and loosens up your customer is a good starting topic.

 

 

The worst thing you can do is give your customers a feeling that their only here to be sold. When someone feels like their in a ‘sales pitch’ situation, their mind isn’t paying attention to what your saying. Instead, they’re trying to figure out the quickest way of getting away.

 

 

Put yourself in their shoes, connect with them in a friendly manner, and you will automatically begin to see results. The key is to become a seller, not a pushover or a teller. You need to find the balance between too convincing and not convincing enough.

 

 

The Bottom Line

 

 

Becoming a great seller takes a lot of time. It’s a fine art that needs a lot of tweaking and practice before it can be perfected. Even through my years of experience selling, I find ways to improve each time.

 

 

Nobody becomes a great seller overnight. If you can use the strategies and techniques mentioned above, you will find yourself closing deals at a much higher rate. Just remember, you can sell anything anywhere. Don’t just limit yourself to clients or customers.

 

 

Do you have any great techniques or tips that have worked while doing sales? Feel free to share your thoughts on this article or by adding your own strategies by commenting below.

 

 

Regardless of what industry or type of work you do, at some point you really have to sell a product/service, information, ideas, or even yourself. With every scenario, there’s a different approach of selling.

Often times, people are unsuccessful at selling because they get caught ‘telling’. When you become a teller, your words lose face value. Once you lose value, you’ve lost any chance of selling to this individual.

Having the ability to sell has become an extremely powerful tool in the world. While every niche or industry has specific selling points, they all share a general approach.

Whether you’re trying to sell yourself in an interview or sell to clients, there are some key techniques you should be using. I am going to discuss some key psychological strategies that will help you become a seller instead of a teller.

Appeal to Emotion

Today, the unlock button on my i Phone 4S got jammed. I was real upset because my battery was draining fast and my phone was semi-broken. I went to the Apple store and they it would take me 3-4 days to get an appointment with a specialist.

What a joke. I could not live with a half-broken phone for 3-4 days. I immediately went to Verizon and here is where I really began selling it to them. The greeter told me I needed to schedule an appointment with their specialists and that wouldn’t be available till later.

Having to run to a meeting soon, I decided to talk to their sales reps about upgrading to the i Phone 5. While talking to him about how I could potentially find a way around my upgrade date of next June, I began talking about how difficult my day was because of the issue on my phone.

I started to talk about how frustrated I was and how hard it would be for me to carry on my business because of this phone issue. He then told me that he would order a replacement and get a new i Phone 4S sent to my house by tomorrow.

I sold him by simply appealing to his emotions and getting him to empathize with me. Somewhere along my calm chatter, he must have realized how bad his life would have been if he was in my situation. Thus, he took the extra step to help me out and I was very thankful for it.

Long story short, I was able to get a brand new i Phone 4S and he was able to qualify me for the new i Phone 5 tomorrow. Not only that, but I was able to save $20 a month on my cell phone plan and built a personal relationship with the guy there.

We exchanged contact information and I’m even going to get a text message from him at 6:30 AM letting me know what the lines for the i Phone 5 look like. I was able to achieve all this with a 15 minute trip to the Verizon store.

If you can really connect with an individual and appeal to them on a personal level, you will close them. Don’t yell or tell someone what to do or how to do it. Express things from your point of view and just try to be human. If you can do this, I guarantee you will be a successful seller in whatever it is that you sell.

Bring The Value

When you’re trying to sell to an individual especially, you need to bring a specific value. As much as people love hearing about what you know or do, people want to know what they get out of it. Everyone is in it for their own benefit, the quicker you show them their benefit, the closer you are to a sale.

Before anyone ever makes a purchase or decision, they must see some kind of value or benefit for themselves. For example, I have a subscribe box on the right side of my blog. By subscribing your notified every time a new blog post has been posted.

However, very few people have signed up for this. This is probably because people don’t see a strong benefit in exchanging their email address just to hear about my new blog post.

From the number of emails I’ve been able to amass in the last one month, it definitely has no value to my readers. However, I am going to be giving away a FREE e-book to my subscribers and I am sure people will find that to be a stronger benefit.

Whenever you are selling someone or something, always show them the benefits. Examples of phrasing this could be, “The benefit of using our services is…..” or “If you buy this product, you will….”. Instead of assuming your ‘customer’ knows the benefits of your offer, you need to directly tell them so that it is clear.

Help People Visualize

It’s one thing for you to say that your product will change my life and another to actually show me. Often times, we as sellers completely forget to let our results or product do the talking for us. Anybody can say they have a life changing product, but how many of them can actually prove it?

If you can show your customers the truth of what you are saying, it’s an easy close. As I have gone through the ropes of hiring multiple teams, I have always hired the teams that have proved me their worth with data, visuals, or actions rather than their words.

Tell people what you offer, how you do it, why they will benefit, and then show them visually. If your visuals can stay up to par with your words, I guarantee you will close more customers than ever before.

When selling, there’s only so much you can do with just your words. Instead of talking in circles, show your customers exactly how serious you are. Use statistics, metrics, images, success stories, or anything else that can prove what you say.

Put Yourself In Their Shoes

Before you can really sell someone on something, you need to put yourself in their shoes. Not only do you need to know what they might be thinking at the time, but you want to get a good idea of how their day has been going and what’s on their mind.

If you can psychologically be in the mind of your customer, you are one step closer to selling them something. Before you begin your selling pitch, always ask the customer how their doing to get a general sense of their mood.

If someone is irritated or has had a long day, their level of patience is much less than someone who just had a great vacation in Maui. You need to analyze your customers mind and act accordingly.

As I was saying above, before you sell to your customers, you want to get on a friendly level with them. If they just went to vacation in Maui, ask them how it went and relate by mentioning a similar trip you had.

Instead of jumping out to a sales pitch from the start, chat about a similar interest or something going on in the world. Anything that essentially breaks the ice and loosens up your customer is a good starting topic.

The worst thing you can do is give your customers a feeling that their only here to be sold. When someone feels like their in a ‘sales pitch’ situation, their mind isn’t paying attention to what your saying. Instead, they’re trying to figure out the quickest way of getting away.

Put yourself in their shoes, connect with them in a friendly manner, and you will automatically begin to see results. The key is to become a seller, not a pushover or a teller. You need to find the balance between too convincing and not convincing enough.

The Bottom Line

Becoming a great seller takes a lot of time. It’s a fine art that needs a lot of tweaking and practice before it can be perfected. Even through my years of experience selling, I find ways to improve each time.

Nobody becomes a great seller overnight. If you can use the strategies and techniques mentioned above, you will find yourself closing deals at a much higher rate. Just remember, you can sell anything anywhere. Don’t just limit yourself to clients or customers.

Do you have any great techniques or tips that have worked while doing sales? Feel free to share your thoughts on this article or by adding your own strategies by commenting below.

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50 Great Quotes About Entrepreneurship

Good quotes give you appreciation for what others have said. Great quotes have the potential to change your perspective and open your eyes. Over the course of my entrepreneurial journey, I have came across a lot of good quotes and a few great ones. I’m going to share 50 quotes about entrepreneurship that I felt were great.

 

Good quotes give you appreciation for what others have said. Great quotes have the potential to change your perspective and open your eyes.

 

 

However, quotes are more than just words of wisdom. Quotes can provide inspiration, motivation, or even insight on various topics.

 

 

Over the course of my entrepreneurial journey, I have came across a lot of good quotes and a few great ones. I’m going to share 50 quotes about entrepreneurship that I felt were great.

 

 

The Quotes

 

1. “If you’re not doing the things that you love, then your life is not worth living. What are you here for?” – King Sidharth [Tweet This]

 

2. “Success comes down to hard work plus passion, over time. If you work really, really hard over a long period of time, it will pay off.” – Stanley Tang [Tweet This]

 

3. “If you pursued something that you felt strongly about, then I call that success.” – Adora Svitak [Tweet This]

 

4. “Be a user of your own product. Make it better based on your own desires. But don’t trick yourself into thinking you are the user.” – Evan Williams (Co-Founder, Twitter) [Tweet This]

 

5. “Markets come and go. Good businesses don’t.” – Fred Wilson (Co-Founder, Union Square Ventures). [Tweet This]

6. “Every single person I know who is successful at what they do is successful because they love doing it.” – Joe Penna [Tweet This]

7. “Most great people have attained their greatest success just one step beyond their greatest failure.” – Napoleon Hill [Tweet This]

 

8. “Leadership is doing what is right when no one is watching.” – George Van Valkenburg [Tweet This]

 

9. “I’m not a businessman. I’m a business, man.” – Jay-Z [Tweet This]

 

10. “Money and success don’t change people; they merely amplify what is already there.”- Will Smith [Tweet This]

 

11. “An entrepreneur tends to bite off a little more than he can chew hoping he’ll quickly learn how to chew it.” – Roy Ash [Tweet This]

 

12. “The true entrepreneur is a doer, not a dreamer.” – Nolan Bushnell [Tweet This]

 

13. “Yesterday’s home runs don’t win today’s games.” – Babe Ruth [Tweet This]

 

14. “Fall seven times, stand up eight.” – Japanese Proverb [Tweet This]

 

15. “When you cease to dream, you cease to live.” – Malcolm Forbes [Tweet This]

 

16. “I have not failed. I’ve just found 10,000 ways that won’t work.” – Thomas Edison [Tweet This]

 

17. “Success is how high you bounce after you hit bottom.” – General George Patton [Tweet This]

 

18. “Genius is 1% inspiration, and 99% perspiration.” – Thomas Edison [Tweet This]

 

19. “What the mind of man can conceive and believe, it can achieve.” – Napoleon Hill [Tweet This]

 

20. “Choose a job you like and you will never have to work a day in your life.” – Confucious [Tweet This]

 

21. “Action is the foundational key to all success.” – Pablo Picasso [Tweet This]

 

22. “Every worthwhile accomplishment, big or little, has its stages of drudgery and triumph: a beginning, a struggle and a victory.” – Mahatma Gandhi [Tweet This]

 

23. “The most valuable thing you can make is a mistake – you can’t learn anything from being perfect.” – Adam Osborne [Tweet This]

 

24. “In order to succeed, your desire for success should be greater than your fear of failure.” – Bill Cosby [Tweet This]

 

25. “You were born to win, but to be a winner, you must plan to win, prepare to win, and expect to win.” – Zig Ziglar [Tweet This]

 

26. “A goal is a dream with a deadline.” – Napoleon Hill [Tweet This]

 

27. “I’ve always worked very, very hard, and the harder I worked, the luckier I got.” – Alan Bond [Tweet This]

 

28. “Whether I retire to bed early or late, I rise with the sun.” – Thomas Jefferson [Tweet This]

 

29. “Learn to say ‘no’ to the good so you can say ‘yes’ to the best.” – John C. Maxwell [Tweet This]

 

30. “Failure defeats losers, failure inspires winners.” – Robert T. Kiyosaki [Tweet This]

 

31. “Start a business while you are young. You have few commitments and are used to living off Ramen Noodles.” – Dr. Sebora [Tweet This]

 

32. “Follow your passion, not your paycheck. The money will come eventually.” – Anonymous [Tweet This]

 

33. “Ambition is the path to success. Persistence is the vehicle you arrive in.” – Bill Bradley [Tweet This]

 

34. “Winning is a habit. Unfortunately, so is losing.” – Vince Lombardi [Tweet This]

 

35. “If you can’t find the key to success, pick the lock.” – Anonymous [Tweet This]

 

36. “The real risk is doing nothing.” – Denis Waitley [Tweet This]

 

37. “When you think big, your results are big.” – Thomas J. Vilord [Tweet This]

 

38. “You can get everything you want if you help enough others get what they want.” – Zig Ziglar [Tweet This]

 

39. “Entrepreneurs average 3.8 failures before final success. What sets the successful ones apart is their amazing persistence.” – Lisa M. Amos [Tweet This]

 

40. “Some people dream of great accomplishments, while others stay awake and do them.” – Anonymous [Tweet This]

 

41. “The entrepreneur in us sees opportunities everywhere we look, but many people see only problems everywhere they look. The entrepreneur in us is more concerned with discriminating between opportunities than he or she is with failing to see the opportunities.” – Michael Gerber [Tweet This]

 

42. “Business opportunities are like buses, there’s always another one coming.”
– Richard Branson [Tweet This]

 

43. “Difficulties mastered are opportunities won.” – Winston Churchill [Tweet This]

 

44. “Wise men make more opportunities than they find.” – Francis Bacon [Tweet This]

 

45. “We are really competing against ourselves, we have no control over how other people perform.” – Pete Cashmore [Tweet This]

 

46. “I don’t know the key to success, but the key to failure is trying to please everybody.” – Bill Cosby [Tweet This]

 

47. “Leadership is the art of getting someone else to do something you want done because he wants to do it.” – Dwight D. Eisenhower [Tweet This]

 

48. “Discipline is the bridge between goals and accomplishment.” – Jim Rohn [Tweet This]

 

49. “Formal education will make you a living. Self education will make you a fortune.” – Jim Rohn [Tweet This]

 

50. “You take on the responsibility for making your dream a reality.” – Les Brown [Tweet This]

 

 

Do you have a favorite quote about entrepreneurship that was not mentioned here? Share your thoughts about the quotes used above as well as any other comments or additions you may have!

 

Creating The Ultimate Launch Page

Creating a strong launch page plays a massive role in building anticipation for your new website. in order to create the ultimate hype and buzz for your new site, you need to do a substantial amount of things on your launch page. This article helps any new web launcher create the ultimate launch page by employing the strategies discussed.

 

Everyone wants to build up hype for their product or service before launching. One of the most effective ways to build up this hype is through the use of a launch page.

 

While most launch pages are kept simple, some other launch pages have tons of information. Which of these practices is correct? Well, the correct answer is neither.

 

Launch pages aren’t a marketplace for stuffing information nor is it a place to throw up a date. If you want to acquire customers and build up buzz for your launch, you need to create a strong launch page.

 

Here are the best strategies to create the ultimate launch page:

 

 

 

Fundamental Factors

 

Logo

 

These are the basic things every launch page needs. These things do not have anything to do with design or layout.

 

Every launch page needs to have a logo of your website that you will continue to use after launching. If you do not have a logo ready to use, you are not ready to launch your website.

 

The image below shows proper logo placement as well as a prepared logo.

 

 

Who are you?

 

If you’re launching a new page, people are going to want to know a little bit about you. Instead of jumping right to it, somewhere on the launch page (even if it is just a sentence), you need to tell your visitors who you are.

 

A brief description letting users know who you are and what the purpose of this website is a great way to break the ice. This ice breaker helps you transition into the next segment.

 

Clearly explains who Zaarly is in one sentence.

 

 

 

What does this website do?

 

If someone is visiting your website and ends up on a launch page, they are probably running for the back button. You need to explain in less than 15-20 seconds what this website does.

 

Not only that, but what you choose to say in those 15-20 seconds needs to captivate and interest the user. Leave the fluff out and jump right into what your website does and how he/she can benefit.
Short and concise sentences that tell you exactly what you need to know.

 

 

 

Sharing Loop

 

If you make a great launch page or have a superb idea, people may want to share your page. Not only that, but the best way to build hype for a new launch is through social media.

 

Be sure to include sharing/tweeting buttons on various social networks that allow others to promote your launch. Very few users may end up promoting your page, but any promotion is useful.

 

Easy to share/tweet while giving visitors the ability to share the URL as well.

 

 

Subscribe Strategy

 

Regardless of what your website does, you need to have a box allowing users to subscribe. Whether this subscription notifies them of your launch date or gives them early access, it is a crucial item to add in the creation of your launch page.

 

Users who subscribe to this list can be highly beneficial for you after you launch. You now have a group of users that you can essentially reach for free by simply sending out an email to them.

 

Newsvine makes it extremely easy for users to subscribe and tells them exactly what they get by subscribing.

 

 

 

 

 

 

 

 

 

Design Elements

 

Minimal Scrolling

 

Nobody wants to see a launch page that requires scrolling. Your launch page must be short and specific that a visitor does not need to even scroll to know exactly what your website is creating.

 

Avoid having lengthy pages to increase visitor interest. Create a short and to the point page that demonstrates what your new website can do for other people.

 

Consistent Colors

 

If you are launching a website with a black and blue color scheme, stay consistent with those same colors on your launch page. A launch page is a direct reflection of your brand and website.

 

Often times, launch pages are done in completely different colors than the actual website. This is a terrible mistake that causes confusion among early visitors. Stick to the color schemes you use for your website.

 

Serene Background

 

A nice scenic background has been a very popular choice for launch pages in the recent year. If you don’t want to have a gradient or plain color as your background, that is absolutely fine.

 

Be sure to use a background that is serene and does not take attention away from the content on your launch page. Your goal is to amaze your visitors with what you have to say, not with your background.

 

The background used below is a terrible choice because the visitors eyes immediately wander to the background.

 

 

 

Placement

 

This is a very fundamental lesson. Place your content, images, and boxes as you would on any general website.

 

Following conventional wisdom in this sense would probably be your smartest move. Logos belong at the top and social media buttons at the bottom.

 

The winner is Late Car Service! This launch page has all the elements needed to create the ultimate launch page.

 

 

 

 

Resources

 

Site Builders

 

There are quite a few launch page builders out there online. My favorite is LaunchRock, which allows you to create a stunning landing page in minutes using all the elements mentioned above.

 

You can even find many other launch page builders by doing a simple Google search. You can even find themes or pre-made templates that often have the elements discussed above.

 

Subscribe Lists

 

If you use some of the site builder websites mentioned above, you will most likely receive an automatic subscriber list for your launch page. However, if you want to go above and beyond to create a custom launch page, you can still embed a subscribe list into your website.

 

Campaign Monitor makes it easy to add and manage subscribers for a long period of time. They have easy to use codes with a stunning dashboard making it simple for everyone.

 

 

 

Conclusion

 

 

Building the ultimate launch page is all about content, style, and design. These are the three most important factors that separate a winning launch page from a losing one.

 

Launch pages have become a great tool in recent years to build hype and buzz about a new launch. Never underestimate the effectiveness of a launch page. It can help you get a fast start right through the gates.

 

What are your thoughts on the article? Do you have any other suggestions or tips for creating a great launch page? If so, please share any thoughts, questions, or comments you have below.

 

15 Influential Entrepreneurs On Twitter Worth Following

Whether you need business advice, updates in the world of entrepreneurship, or are just looking to learn more about interesting people, there is an abundance of information available on Twitter.

In hopes of finding some of the most influential tweeters on Twitter, I went on a little search today. I compiled a list of 15 entrepreneurs who I felt had the most influential, informative, or personal tweets.

 

Whether you need business advice, updates in the world of entrepreneurship, or are just looking to learn more about interesting people, there is an abundance of information available on Twitter.

 

 

In hopes of finding some of the most influential tweeters on Twitter, I went on a little search today. I compiled a list of 15 entrepreneurs who I felt had the most influential, informative, or personal tweets.

 

 

I have included my favorite tweet from each of these entrepreneurs as well as their twitter bio. Here are the entrepreneurs:

 

 

 

1. Neil Patel @NeilPatel

 

I’m Kind of a Big Deal. Blogger at QuickSprout, Co-Founder at Crazy Egg & KISSmetrics.

 

 

 

 

 

 

2. Reid Stone @TheReid

 

CEO of a guerrilla marketing guild born from the fires of a traditonal advertising agency (HERO Farm). Occasional speaker. Homeless advocate. Frequent troublemaker.

 

 

 

 

 

3. Dave Lavinsky @DaveLavinsky

 

Dad | Serial entrepreneur | Author | President of Growthink | I help entrepreneurs plan for maximum growth & success. #StartAtTheEnd

 

 

 

 

 

 

4. Bruce Coustillas @MiamiBruce

 

Official twitter of Bruce, Inventor of the amazing Add Glasses that you can see everywhere, visit Crystal Custom for more info.

 

 

 

 

 

5. Julie Cole @JulieCole

 

Co-founder of Mabel’s Labels Inc. and busy mama of six. Love my business, babies, blogging and always have autism on the mind.

 

 

 

 

 

 

6. Tom Lounibos @Lounibos


CEO of SOASTA CloudTest, running against the wind.

 

 

 

 

7. Rand Fishkin @RandFish

 

CEO + founder of SEOmoz. I tweet 50-75X/week primarily on inbound marketing, SEO, startups & entrepreneurship.

 

 

 

 

 

 

8. Erin Bury @ErinBury

 

Managing Editor at emerging tech publication at BetaKit. A Sprouter Initiative. Marketing Mag – 30 Under 30. Financial Post columnist. Retweeted by Oprah.

 

 

 

9. John Chow @JohnChow

 

I am best known for showing the income power of blogging by taking my blog from zero to over $40,000 per month in two years. Visit JohnChow.com for more info.

 

 


 

 

 

10. Tim Ferriss @TFerriss

 

Author of #1 NY Times bestsellers, The 4-Hour Body and The 4-Hour Workweek, Japanophile, tea drinker, tango world record holder, language learning fanatic.

 

 

 

 

11. Dr. Letitia Wright @DrWright1

 

Host of the Wright Place TV Show and Crowd Funding Expert

 

 

 

 

 

 

12. Guy Kawasaki @GuyKawasaki

 

Author of Enchantment: The Art of Changing Hearts, Minds, and Actions. Former chief evangelist of Apple. Co-founder of Alltop.

 

 

 

 

 

13. Amanda Vega @AmandaVega

 

CEO w/20+ yrs online exp. #22 at AOL. Social media zealot. PR Maven. Published author. Speaker. Ivy MBAer. Pink Porsche owner. Pug lover. Britney fan. Abrasive. www.AmandaVega.com

 

 

 

 

 

14. Tracy Repchuk @TracyRepchuk

 

Internet Marketing, Social Media Business Strategist and Speaker, Bestselling Author, Entrepreneur since 1985, Contact for consult or booking at www.TracyRepchuk.com.

 

 

 

 

 

 

15. Ali Brown @AliBrown

 

Entrepreneur, mentor, & philanthropist working with women around the world, helping them start and grow businesses to live their best lives. www.AliBrown.com

 

 

 

 

 

Conclusion

 

This list is comprised of some of the most influential entrepreneurs on Twitter. These individuals are constantly posting valuable information, insight, personal stories, or anything else that is of value to other entrepreneurs.

 

 

I highly recommend aspiring entrepreneurs to follow them and learn from their tweets. I sure have learned a lot from following these individuals on Twitter.

 

 

Do you know someone else who provides value with their tweets? Feel free to share your thoughts and comments below.

 

 

Keep Your Friends Close and Your Competition Closer

When you start your own business, it is natural to have competitors. A competitor is any business who offers similar services, products, or ideas to the same demographics you are reaching out to. That’s why you have to keep your eyes on the competition at all times. I am going to share some strategies you can utilize to make sure you stay ahead of the competition for good.

 

 

When you start your own business, it is natural to have competitors. A competitor is any business who offers similar services, products, or ideas to the same demographics you are reaching out to. In order to dominate your competitors, you need to grab more market share than they do.

 

 

Just because you have more market share than your competitors do, it does not mean you will always stay on top. That’s why you have to keep your eyes on the competition at all times.

 

 

I am going to share some strategies you won’t learn in college that you can utilize to make sure you stay ahead of the competition for good.

 

 

 

Desk Research

 

 

You can learn a lot about your competitors without ever getting up from your desk. I would recommend using your computer to check out their website every 1-2 weeks to see if they are doing anything new.

 

 

Not only that, but you should subscribe to any newsletter or other forms of updates they offer. Most companies now a days are active on social networking sites like Facebook or Twitter.

 

 

Whether you choose to follow them using your business account or a made up name, I highly recommend keeping a tab on your competition. These social networks can often provide you news about their team/office, future plans, or anything else that may be of importance to you.

 

 

A simple Google search on your competitors is an effective way to see what they are up to. If you do frequent Google searches, you will be able to immediately notice when a new result shows up. If they are in the news or other media outlets, you can see exactly why they are there.

 

 

 

Customer Surveys

 

 

A great source for information about your competitors can be your customers themselves. Customers usually shop around and contemplate between multiple products or services before choosing a particular one.

 

You can ask your customers which other services or products they considered before selecting yours. If your customer happens to mention the name of a competitor, you can ask them in detail about their experience with that company.

 

 

Not only that, but you can go in to detail and ask them why they liked you more than the other companies. This gives you the ability to focus on your strengths to acquire more customers in the future.

 

 

Often times, a competitor may come out with a new update or exceptional discount. When this happens, you may find a lot of your customers leaving to join them. Regardless of what your competitor is doing, you should always get in touch with “old” customers and ask them why they left.

 

 

Even if you may not be able to get all your customers back, you can figure out why they are leaving and what your competition is really doing. Once you understand that, you can go on damage control and find a solution to keep all your customers from leaving. Customers old and new can provide you much needed insight on your competitors.

 

 

 

Analysis

 

 

This is probably the hardest or most tedious method of acquiring intelligence reports on your competitors. You have to spend a lot of time using as many sources as possible to learn more about your competition.

 

 

This is a great way to find out who you’re competitors really are. You need to start from the day company was open for business and see if you can find trends, patterns, or even clues about their methods of operation.

 

 

Often times, business have common patterns of hiring, updating, or unveiling news. If you know when your competition is going to do something, you are far more prepared to combat their next move.

 

 

 

Spying Time

 

 

I want to start off by saying that this method should only be used if you have tried and failed at everything else. If you cannot find out anything about your competitors, it may be time to send a spy to help you out.

 

 

This spy should not do anything that is illegal, damaging to your brand/company, or harmful to anyone else. I would recommend having someone you know contact your competitor as if they are interested in purchasing their product or service.

 

 

This will allow you to learn about their sales methods as well as their approach to potential customers. You can have your spy to ask them particular questions about their services or products that you may be curious about.

 

 

This technique usually works every time because no sane company will pass down the opportunity to acquire a new customer. However, I would like to remind you again the importance of participating in ethical behaviors when using a spy.

 

 

 

Conclusion

 

 

For any business to be successful, they need to know what their competitors are up to. It is highly important to pay attention to the finer details and check up on your competitors every few weeks so that you do not get left behind.

 

 

Keeping a tab on my competitors has helped me have the upper hand with my companies, StatFuse and JB Media Force. As great as it is to gain new customers, it is equally important to retain your existing customers.

 

 

Share your thoughts and comments about this topic below.

 

 

photo credit: Mukumbura via photopin cc

Top 10 Cars for Business

Outside of all the work, everyone needs to have some fun. What better way to have fun than driving in fast car with luxury? Check out my top 10 picks for the best cars that every successful entrepreneur or businessman should considering purchasing for their next car.

 

If you work hard, you have to drive in style. If you don’t have enough money to throw it away on an expensive car, don’t worry your time will come. Below I have compiled a list of the top 10 cars businessmen drive. In business, you always want luxury and speed. These cars provide just that.

 

 

 

1. Mercedes E-350

 

This car is all about style, luxury and elegance. Everything about the car just yells business. The car has a very stylish body with a very comfortable interior. The car is very spacious on the inside and has a great design on the inside and outside. This is one of the most popular business vehicles that men and women enjoy driving.

 

 

Horsepower: 302

 

MPG (City/Highway): 20/30

 

Engine: V6 – 3.5L Gasoline

 

Price: Starting at $51,000 MSRP (New)

 

 

 

 

 

2. BMW 528i Sedan

 

 

This car has a really simple look to it but is yet so advanced. BMW always does a great job in designing stunning vehicles and this one is absolutely gorgeous. This car is very comfortable and has very good fuel efficiency for a car this size.

 

 

Horsepower: 240

 

MPG (City/Highway): 24/34

 

Engine: 4 Cylinder Engine, 2.0 Liter

 

Price: Starting from $47,500 MSRP (New)

 

 

 

 

 

3. Audi A4 Sedan

 

This car is one of my personal favorites. The Audi A4 is a sexy and smooth car that grabs attention on the road. This car is sleek and extremely comfortable while having all the features of far more expensive vehicles. The Audi A4 comes at a very low price and is simply stunning.

 

 

Horsepower: 211

 

MPG (City/Highway): 24/31

 

Engine: 4 Cylinder, 2.0 Liter Turbocharged

 

Price: Starting at $32,500 MSRP (New)

 

 

 

 

 

4. Lexus IS250

 

This is a smaller car than the others mentioned above, but it still packs a strong punch. Not only does this car have a beautiful look to it, but it’s as comfortable as they get. It may be small on the outside, but it has plenty of room on the inside.

 

 

Horsepower: 204

 

MPG (City/Highway): 20/27

 

Engine: 2.5 Liter V6

 

Price: Starting at $33,595 MSRP (New)

 

 

 

 

 

5. Chrysler 300C

 

 

This car is part of the luxury series and for good reason. This car takes luxury to a whole NEW level. Chrysler may not be a very popular brand, but this vehicle should be ranked amongst the top.

 

 

Horsepower: 292

 

MPG (City/Highway): 27/21

 

Engine: 6 Cylinder, 3.7 Liter

 

Price: Starting at $28,670 MSRP (New)

 

 

 

 

 

6. Range Rover Sport

 

 

How can you not like the Range Rover? This car has a commanding look and feel to it. When you drive it, you feel like you are totally in charge of the road. This car has a stunning design and a glorious interior that you can fall asleep in.

 

 

Horsepower: 375

 

MPG (City/Highway): 14/17

 

Engine: 8 Cylinder, 5.0 Liter

 

Price: Starting at $60,895 MSRP (New)

 

 

 

 

 

7. Cadillac XTS

 

How can you look at a Cadillac and not think of business? For some reason, this car has developed the stereotype of being the perfect business vehicle. This car brings luxury, comfort and a stylish design at a very affordable price.

 

 

Horsepower: 300

 

MPG (City/Highway): 17/28

 

Engine: 3.6 Liter, V6

 

Price: Starting at $44,075 MSRP (New)

 

 

 

 

 

8. Chevrolet Corvette

 

Forget about the family and kids! The Corvette is all about speed and showing off. The car is absolutely beautiful and is a head turner on the streets. Although the car doesn’t have much of a backseat, it sure is one hell of a ride.

 

Horsepower: 430

 

MPG (City/Highway): 14/17

 

Engine: V8

 

Price: Starting at $49,600 MSRP (New)

 

 

 

 

 

9. Jaguar XF

 

Okay, you are going to have to break the bank a little bit for this beauty! The only word that comes to mind when I try to describe this car is “sexy”. This car is fast, beautiful and as luxurious as they come.

 

Horsepower: 385

 

MPG (City/Highway): 15/21

 

Engine: 5.0 Liter, V8

 

Price: Starting at $53,000 MSRP (New)

 

 

 

 

 

10. Hyundai Genesis Coupe

 

Before I go any further, I want to let you know that I am biased to this car because this is what I own. Nevertheless, this is a great car. You don’t have to break your bank as badly as you do for the other cars and it has great performance and luxury.

 

 

Horsepower: 274

 

MPG (City/Highway): 20/31 (I do not get 20 on the City though.)

 

Engine: 4 Cylinder, 2.0 Liter Turbo

 

Price: Starting at $24,250 MSRP (New)

 

 

 

 

No matter what kind of business you are in, you must have some sort of appreciation for a nice car. If you think a car is missing from the list or would like to add your thoughts, please feel free to comment below.

Branding Like a Kardashian

If you’re starting a new business or even trying to create a name for yourself, you cannot underestimate the power of branding. The Kardashians are a family of various people who do not do much but still have managed to build one of the strongest brands in the country. If you have not heard about them, I’m guessing you haven’t opened a magazine or watched television in the last few years. Read more to find out the Kardashian branding tips.

 

If you’re starting a new business or even trying to create a name for yourself, you cannot underestimate the power of branding. The Kardashians are a family of various people who do not do much but still have managed to build one of the strongest brands in the country.

 

 

If you have not heard about them, I’m guessing you haven’t opened a magazine or watched television in the last few years. This brand did not build overnight and it is not just because of Kim Kardashian’s sex tape, although that did help a bit. The workhorse behind the Kardashian brand is their mother, Kris Jenner.

 

 

Klohe Kardashian discusses her moms business savvy as someone who can “turn water into wine”. That’s exactly what Kris Jenner did with the Kardashian brand and is netting her empire more than $60 Million a year! Here are some lessons the Kardashian’s can teach everyone about branding:

 

 

 

Get Personal

 

The Kardashians share anything and everything about their lives on their reality TV show. While some of us would rather not see so much about their lives, they share it anyway.

 

 

The Kardashian’s have been able to build such a strong brand because they are willing to get personal and close to their audience. To build a stronger brand, you really need to get on a personal level with your customers and create strong relationships.

 

 

 

Stay Focused

 

What do you think of when I mention the Kardashians? Most of you are probably thinking about reality TV, fashion and entertainment. They have successfully built their brand around these three niches, which has propelled their success even more.

 

 

Find a few niches that work with your brand/image the best and stick to it. Brand your business around these niches and you too can create something extraordinary!

 

 

 

Be Unique

 

To build a brand that everyone will remember, you have to create something unforgettable. There is no brand like the Kardashians out there and that is why they garner so much attention. Build your brand around something unique.

 

 

Even though the Kardashians have a lot of haters, they have enough people that love them to fuel their growth. Sell your brand as something that cannot be found elsewhere and you will find a larger following for it.

 

 

 

Connect Through The Social Media

 

All the Kardashians are avid Twitter users. Not only do they tweet about things happening in their life, but they show love to their fans. To build a strong brand, you NEED to build a following on the social network sites.

 

 

This allows you to stay connected with your fans at all times while making it easy to measure results. A strong following on the social media makes it easy to give updates and new happenings in your brand. Your brand must be a heavy influence on the social networks in order to be successful.

 

 

Look how often Klohe Kardashian tweets.

 

 

 

Work With Winners

 

When the Kardashians aren’t romancing with athletes, they always choose to partner up with winners. The Kardashian brand has partnered up with Sketchers, Sears and many other winning companies that have elevated their brand. Partnering up your business or personal brand with other companies a great way to increase awareness.

 

 

When the Kardashians partnered up with Sketchers, their brand was then exposed to the followers of Sketchers. The same goes for your business. If you can make strategic partnerships, you expose your brand to a new group of people.

 

 

 

The Kardashian girls posing with their partner brand.

 

 

 

Use The Bad For Good

 

When you are a big brand, scandals or other dramatic issues will go public. There is nothing you can do about it. Some people run and hide from the bad while the Kardashians use the bad to their advantage. When Kim Kardashian’s sex tape was exposed, she saw it as an opportunity to bring herself into prominence.

 

 

Even though she received a lot of harsh criticism, she used the bad to make herself a household name. After she became popular, she did everything in her power to show the world she was different from what the video shows. Bad things always happen, instead of running from your problems, confront them and make the best of them!

 

 

Share your comments or thoughts about this post below.

 

 

 

 

The Balancing Act

I have 1 startup company launched already, 2 coming very soon and plans for others in the near future. Not only that, but I attend college full time and still somehow manage to have time for somewhat of a social life. A question I get asked so very often is, “How do you manage to do all these things? Do you sleep?” I’m going to share some of my strategies of balancing multiple things while staying sane.

I have 1 startup company launched already, 2 coming very soon and plans for others in the near future. Not only that, but I am working on my second book while attending college full time and still somehow manage to have time for somewhat of a social life. A question I get asked very often is, “How do you manage to do all these things? Do you sleep?” I’m going to share some of the strategies I use to balance my many activities while staying sane.

 

Business

 

I’m going to start off by letting everyone know that I do sleep every night and get at least 5 hours a night (usually more). I do have a lot of businesses in the pipeline which do require a lot of time and attention. However, I still manage to take care of my startups while doing everything else I need to. Here are some of my balancing strategies that I apply to the business world.

 

Strategy #1: I work smarter, not harder. Let me explain what I mean by this strategy. When you run many different companies and work on various projects, a lot of tasks need your attention. Instead of trying to tackle every task at hand, I divide them up based on the things that need me or don’t need me. Then, I work on the tasks that need my special attention in order of urgency. With the tasks that don’t need all or any of my attention, I let someone else take care of it (with close guidance).

 

Value your skills and time. Focus on the big deals and tasks that really need your attention.

 

Strategy #2: Staying organized is a necessity. I organize everything business-related so that they are easily accessible and easy to use. If you can stay organized on a consistent basis, you can save years of time in the future. Documents or files from the past almost always need to be reopened months later for some reason. Thankfully, organizing all my companies files and documents make it extremely easy for me to go back and track down old information.

 

Organize yourself, your tasks and your business to save time later.

 

Strategy #3: An early start really helps. Believe it or not, I try to wake up as early as possible every morning to get my day started. For some reason, I perform a lot better in the early morning than I do later on in the day. In the morning, your mind is fresh and you are eager to get started on things. This allows you to be the most productive and efficient, which is why I try to handle all my business as early as possible.

 

The early bird gets the worm. Try to start working as early as possible to be as efficient as possible.

 

College

 

College does use up a lot of my time. Not only do I have to go to classes and listen to lectures, but I also have to do work for these classes. I’m going to be completely honest and tell you right now that I’m not the best student. I get by and pass my classes, but I am far from an A student. It isn’t because I have so much else going on, but for some reason I have been horrible at school ever since Kindergarten. However, I do have some strategies I use that help me pass my classes while balancing everything else.

 

Strategy #1: I used to be the biggest procrastinator in high school. While my friends would do their big projects the night before, I would do it the morning it was due. As you can imagine, that did not work out very well. However, when I started having larger responsibilities and more things to do, I simply could not procrastinate anymore. Instead of prolonging work that is due, I try to get them done as soon as possible.

 

Do not procrastinate, you never know what may come up later.

 

Strategy #2: From using Rate My Professor to asking all my friends, I look for the easiest professors before enrolling. My goal is to pass my classes and get a degree, not challenge myself by taking the hardest classes. Unfortunately, college does not teach you much about entrepreneurship as I explained extensively a while back. I look for the classes where I can spend the least amount of time while garnering the same outcome (which is credit for that class). Essentially, this strategy helps me get the most out of my time.

 

There’s nothing wrong with taking shortcuts as long as you get the same results.

 

Strategy #3: I work the system better than anyone else. I am not necessarily proud about saying this, but I know how to work the college system pretty well. If a class doesn’t take attendance, you probably won’t find me there ever aside from test days. I get a good grasp about each class and try to find the best ways to get around them as much as I can. While this isn’t a great habit, it has definitely helped me manage my time very well.

 

Sometimes you have to work the system to make the most out of your time.

 

Social Life

 

Ever since the founding of my companies, the amount of time I spend with friends has definitely gone down. However, I still do have friends and a beautiful girlfriend who I am able to have fun with. I believe that you can only work a certain amount of hours a day/week before your productivity tanks. Thus, you have to work hard and play hard.

 

Strategy #1: People might find this extremely strange, but every Saturday is dedicated to my girlfriend. I make sure to plan nothing on that day and she does the same. Saturday is the one day of the week that we can guarantee to see each other. This is great because I have something to look forward to throughout the week and I get a day to relax. Don’t get me wrong, I do see her more than just once a week but Saturday is completely dedicated to her no matter how busy our lives may be.

 

Set aside a day where you plan to do nothing but relax.

 

 

Strategy #2: I’m not scared to have a good time. Sometimes even when I have work that needs to be done, I’ll just stop and go have a good time with my friends. Life is all about doing what you like and making memories that last a lifetime. My friends play a big role in the memories I make and sometimes I’ll get off the computer and go enjoy myself! The day after I have a good time, I work 2x as hard just because I’m in a great mood!

 

Life shouldn’t be all about work, introduce some fun in to your life. You will be surprised by the results you can achieve when you are in a good mood.

 

All in all, balancing a lot of things can be difficult and hectic. However, using some of the strategies explained above, you can make the most out of your time and pursue a lot of things. This is my personal story on how I balance my life with all the things that are going on.

 

Do you have a specific strategy to balance your many activities? Feel free to comment on my strategies or to share some of your own below.

 

photo credit: shehan365 via photopin cc

10 Tactics to Increase Your Twitter Followers

A great way to generate awareness for yourself, your business or your brand is through Twitter. However, getting followers or people who actually care about what you have to say can be pretty difficult. Thus, I have come up with a list of 10 LEGAL strategies that you can use to grow your Twitter base.

A great way to generate awareness for yourself, your business or your brand is through Twitter. However, getting more twitter followers or people who actually care about what you have to say can be pretty difficult. Thus, I have come up with a list of 10 LEGAL strategies that you can use to grow your Twitter base.

 

 

1. Use Hashtags

 

Anytime you make a tweet, you can categorize it by applying hashtags to your post. Adding hashtags is a great way to make your post visible to a broader audience. Users can search various hashtags on Twitter and often times will follow you if they like what you have to say. You can think of using hashtags as a way of optimizing your tweets through the search functionalities on Twitter.

 

 

2. Be a Resource

 

When you post tweets, you want to be a resource to other tweeters by offering some insight or knowledge about a specific domain. If tweeters find you to be a good source for information, you will see your twitter following grow rapidly. You want to offer unique information that they cannot find elsewhere.

 

 

3. Be Personal

 

Twitter is all about engagement and posting quality information. While posting quality information will surely increase your twitter following, posting things about your daily life can surely engage users. Users can relate to personal experiences and often times are more prone to retweet your message. Anytime a follower retweets your message, you increase the chances of gaining more followers from their network.

 

 

4. Engage with your Followers

 

Do not just be a machine tweeting out messages all day. You want to communicate with others by providing input on their tweets. You also want to take the time to look through your feed and see if there are any posts that you would like to retweet. Retweeting messages encourages others to do the same while you show your followers that you enjoy what they have to say.

 

 

5. Tweet Often

 

You want to tweet often to increase your chances of gaining followers. However, never spam or post for the sake of posting. Only post when you feel the urge to share something with the rest of the world. Tweeting often gives other people a better chance of seeing your message and connecting with you.

 

 

6. Timely Tweets

 

There are certain time periods when Twitter users are the most active. If you have a home run hitting tweet, you might want to save it for these times to gain the best results. Based on various studies, the most active time for Twitter is around 5 EST. Using that study, you might want to save your best tweets for that time everyday.

 

 

7. Trending Topics

 

If you see a trending topic that you can offer some valuable input on, do not hesitate to do so. Trending topics are the hash tags that are the most active at the time and can be a great tool to increase your followers. If you can write insightful posts about trending topics, chances are you will get retweets or followers from that.

 

 

8. Interesting Bio

 

Before a tweeter can follow you, he/she sees your picture and reads your bio. While you can’t do much about your face, you can do a lot about your bio. You want to create an interesting and unique bio that explains your personality. A creative bio is a great way to capture more followers for your Twitter account.

 

 

9. Follow Others

 

Often times, people want all the followers in the world but don’t want to follow back. Following other people who may tweet about similar interests is a great way to increase your follower base. If you find someone else interesting, they too may find you interesting. By following others, you have a fairly high chance of getting a follow back.

 

 

10. Talk to the Big Shots

 

Twitter is extremely unique because it gives everyone the ability to communicate with celebrities, big shots or other famous individuals. Don’t be shy, feel free to tweet at celebrities or other famous individuals. Do not be disrespectful or hateful towards them but feel free to tweet about anything that may catch their attention. If someone with the certified blue checkmark does end up following or tweeting at you, expect to get a lot of followers from that.

 

 

Don’t become obsessed with trying to obtain Twitter followers. Take my advice above and over time you will see your Twitter base grow. Like most things in life, slow and steady wins the rice. Practice the proper etiquette on Twitter and the results will come over time.

 

 

Do you have any other tactics that have worked for you? Share your thoughts or comments below about this article.

 

 

 

Sixty Seconds in the Shark Tank

ABC’s hit show Shark Tank is coming back back for another season on September 14th. After three successful seasons, people are raving about the return of Shark Tank. The sharks, the shows and the entrepreneurs featured on the show have taught the world a lot about entrepreneurship.

ABC’s hit show Shark Tank is coming back back for another season on September 14th. After three successful seasons, people are raving about the return of Shark Tank. The sharks, the show and the entrepreneurs featured on the show have taught the world a lot about entrepreneurship.

 

 

You Are As Important As Your Business

 

Numerous times, I have seen the sharks invest in an individual more than their business. While Kevin O’ Leary will always remind you about the money, some of the other sharks can be won over by you. I have seen hard-working, motivated and driven individuals come into the tank with a half-decent business idea and come out with an investment. The sharks do this because they want to invest in YOU more than the business.

 

When the sharks invest in an individual more than the business, they are counting on more business opportunities with you to generate them a return on their investment. If you are to ever pitch to investors, you need to keep in mind that they are investing just as much in you as they are in the business. On the same token, there are many entrepreneurs that come to the tank with amazing business ideas but still get sent home.

 

While the sharks are compelled by their idea, they decide against the investment for obvious reasons. Some of these obvious reasons include the entrepreneur being arrogant, hard to work with or even lazy. Even if you have a business that can be the next Facebook, you need to ensure that you show your investors you as an individual are worth the investment.

 

 

Presentation is Everything

 

Speaking in front of others is hard. Getting a great pitch together while speaking in front of others is even harder. To have a great presentation, you have to practice a LOT. The better presentations in the tank always manage to catch the eyes of the sharks. There have been a few entrepreneurs who gave bad presentations and the sharks were not shy to let them know.

 

The more you speak, present and pitch your business, the better you get. Over time, you will gain confidence in yourself and the delivery of your ideas will be much more fluid. The confident and prepared entrepreneurs that enter the tank walk out with an investment more often than not.

 

 

Know Your Numbers

 

On every episode of Shark Tank, you will notice one or more entrepreneurs who over-value their business. The sharks hate it and almost always consider themselves “out” the moment a business is over-valued. Nobody wants to be ripped off on a deal. In hopes of obtaining a better deal, do not value your business to be more than it really is.

 

 

Value The Shark

 

A lot of people come into the tank looking for a mentor along with their investment. While there is nothing wrong with trying to kill two birds with one stone, you must value the sharks time. If you expect the sharks to work for you, you need to compensate them greatly, which requires you to offer them larger equity in your business.

 

 

Don’t Piss The Sharks Off

 

There are a lot of things you can do to piss the sharks off. I can list all of them, but that will take too long. Be courteous to the sharks and respect their time and advice. If the sharks are offering you a deal, don’t nickel and dime there for 2-3%. I have seen a few entrepreneurs do that and that does not endear them to the sharks.

 

 

Review

 

If you are an entrepreneur, you NEED to watch Shark Tank. Not only do you learn so much about investors, but you also get a chance to see what other creative ideas are on the rise. Even if you aren’t an entrepreneur, the Shark Tank is a fun show for you to watch. Over the seasons, I have to credit the Shark Tank for teaching me so much.

 

Share your thoughts or lessons that you have learned from watching the Shark Tank below.