Looking Back on 2009

Posted by @Stephen | Business Development | Tuesday 15 December 2009 2:12 am

Back in December of 2008 I put this post together “2009 and Beyond – Threats and Opportunities

I have been a subscriber to The Future of Work newsletter for a year or so, and Jim Ware and Charlie Grantham are definitely two of the most astute observers of what is happening in this rapidly changing world. The most recent newsletter has a couple of articles that bear further review, and I will share some of that with you this week.

As we move into the new year, many of us in the Social Media field have been making some predictions about the marketplace. Ware and Grantham have gone a step further and made some predictions about the global economy and political landscape. See The Virtues of Near Death for some remarkable observations:

In our very humble opinion, the next several years will bring a number of near-death experiences to many businesses, public agencies, and, yes, even sovereign nations. And we’re sorry to say that some of those near-deaths will result in actual extinctions. Not every corporate dinosaur is going to survive the global cataclysm that we’re facing today.

Being futurists at heart, then, we’d like to close with a few predictions.

We’ve already seen the meltdown in financial services. Look for similar events and patterns in:

* Health care (in the United States)
* Higher education – both public and private
* Transportation – both local and long-distance
* Local municipal governments

It does look like these industries are teetering on the brink of some sort of big, big changes.

Read the whole article at “2009 and Beyond – Threats and Opportunities” and share your thoughts.

I am not Delusional

Posted by @Stephen | Productivity | Wednesday 2 December 2009 9:45 am

Stephen Smith Web EntrepreneurI’m an entrepreneur. Or am I?

This is what has been bugging me for a few weeks, and even more so since my birthday just whooshed by yesterday.

I have been working ( a lot) as the restaurant manager for a small hotel here in NH and, while it is rewarding and fun and all of that, I miss the freelancing and excitement of my own biz.

I spent some time yesterday working on brainstorming and planning and goal-setting for 2010, and came to the conclusion that I am going to have to be very focused and extremely diligent if I am going to accomplish the things that I want to do while working around the full-time-job thing.

In fact, I am a full month behind where I should be in terms of updating some of my products for 2010. While I can write part of that off to being sick for 4 weeks in Oct/Nov, a big part of it is that I simply have not been at my desk. The state of my in-box can attest to that! I linked to a post about creating a fixed schedule for yourself in order to balance work and non-work last week, but this solution is just not going to work for me – I can’t create a fixed schedule for the restaurant. So this is going to take some more thinking, with these concepts as guidelines:

  1. Time allows you to rest and recover – I particularly need downtime for recuperating from stress. Pushing myself and overcoming challenges are excellent ways to invest time, yet until I fully recover from the recent bout with illness, resting is the best way to use some of the time I gain from that investment.
  2. Time allows you to increase your focus – With less time to work on the “important” projects that I do want to complete, it is vital that I focus tightly on them. And start less projects in order to accomplish/complete the ones that I do start.
  3. Time allows you to see how things turn out – Having set this restaurant manager gig in motion I am identifying the variables that are beyond my control, and now waiting to determine their full effects is all I can do. I will work toward investing this downtime to prepare for the next stage of the progression.
  4. Time allows you to create balance in your life – All work and no play leads to a heart attack, or GERD. I must remember to invest the time that I do have to be with/communicate with my family and friends. Connecting with your circle is energizing and something that I definitely do not do enough of. Hearing from people that I have not heard from in a long time was one of the best things to happen yesterday.

There it is. Part one of the thought-process. Part two will involve making some choices and breaking down the vital projects into Action Steps. The choices will be difficult, mainly because I have started/want to start too many things.

Because it is time to get back into that entrepreneurial mindset, applying it to my “job” and to the freelancing/personal projects. It is time stop deluding myself, hoping that these projects can languish and wait on the back burner until some point in the future where “more time” magically appears.

Because, like everything else in Pandora’s Box, hope is evil and destructive. [important note: I am not being a pessimist or taking the negative point of view, it's just that hope is not a viable strategy for accomplishing anything, and hope is distinct from positive thinking]

Do less to accomplish more is my new mantra.

Discipline and Focus are the watchwords.

I will keep you posted, can you help me stay on track with encouragement and gentle prodding? I think that Twitter will be the best place for that.

Making Your First Business Plan a Great Business Plan

Posted by @Stephen | Business Development | Wednesday 14 October 2009 1:44 am

Editors Note: This is a guest post from Robert Tuchman, whose book, Young Guns, I reviewed a while back. Robert Tuchman is the founder of Tuchman Sports Enterprises, a company he started out of his one-bedroom apartment in Manhattan at the age of 25.

robert-tuchmanDo you ever find yourself thinking about something that could work in today’s market? An idea that is unique and unlike anything else out there in the big world of business today? If you are a savvy entrepreneur and ready to tackle the business world like I once was, here are four solid things to remember when applying your first plan:

1. Your business is going to be built on a great idea
2. That great idea is going to connect you to a market
3. You will create a plan based on what you learn, on an ongoing basis, about that market
4. You will adjust that plan over time.

The last item is particularly important. Good businesses don’t stand still; they don’t rely on a single idea. Good businesses adapt to the situations that emerge in the market. Good businesses keep moving forward; they become a nonstop source of ideas, not a graveyard for a single idea that once made sense. If you stick to your first big plan, and execute it with precision and enthusiasm it may take you to places that you may never have foreseen. Remember that if you love something so much, and have a great knowledge on your idea, making it work for you and your business will come that much easier.

Now that you have your plan, with your target audience in mind and you niche clear, you next develop a game plan for your business. This plan does not have to be as elaborate as a business school project, but it should outline what you want your company to do and how you want it to look. Jot down your best ideas on a single sheet of paper this is
exactly how I drew up my first business plan. You must be able to visualize your company growing in the way that your one-page game plan suggests. Think positive, and have long-term goals.

Thanks, Robert.
You can order this book via my Amazon affiliate link:

How I Invest My Time in Twitter

Posted by @Stephen | Business Development, Productivity | Monday 24 August 2009 10:34 am

In a previous post (Productivity and Work in Social Media) I discussed some of the ways that I use Social Media tools for productivity. In this one I am going to get specific about how I use Twitter:

How I invest my time in Social Media

Follow @hdbbstephen on TwitterTwitter presence. I love Twitter, because I get to talk to people that I know from all over the world about this and that. Many of these folks I met at conferences (see the next bullet) and they have amazing things to say, things that I can learn from every day. You can see my list of people that I follow here (hdbbstephen on Twitter), and you may notice that there are only about 500 of them.

I find it difficult to participate in conversations or catch the good information that comes from these folks if I follow many more than that. The good news is that many of these people share awesome links to other Twitter people that I don’t follow, so that the best of the best information still gets through. I also use Twitter for reaching out to new clients and readers for this site, but that is another post!

This is that post.

tweetdeck-desktop-app-for-twitterFirst things first, download TweetDeck.

TweetDeck is your personal browser for staying in touch with what’s happening now, connecting you with your contacts across Twitter, Facebook and more.

TweetDeck shows you everything you want to see at once, so you can stay organised and up to date.

I love it. Yes, there are some other applications that you can use, and there are lots of opinions about all of them. I like the functionality of TweetDeck: Sorting your Follows into groups, maintaining lists of search results, and (best of all) the ability to Tweet from more than one Identity from the same screen – no more logging in and out of Twitter to utilized different personas.

Twitter as a Marketing Tool

I use Twitter (and flickr and FriendFeed – all linked together) as a marketing tool for my products and services – by providing value, sharing information and pictures, and joining in conversations or answering questions. One of the most important methods is finding people that have questions that I can answer via Twitter Search. I will type in some of the different topics that I can offer my help and see who is asking questions, then extend their conversation. For example, if you search for “WordPress Theme Help” you can see all sorts of people that have needs regarding their blogs and websites. Some of these are easy questions and some are more involved, but I always try to do something for them – sometimes it leads to a paying client, sometimes not. But it is good for Word-of-Mouth and a good investment of time.

Twitter as a Communication Tool

I love chatting with my friends and associates on Twitter, even if its not about valuable or business-related stuff. I will schedule some time for myself, usually in the evening, for just shooting the breeze with my Twitter friends that are scattered across the globe.

Important caveat: Twitter can be extremely addictive and hours can go by as you read your Twitterstream and jump in & out of conversations. I recommend that you schedule some time for tweeting and stick to that schedule! I usually set aside 2 or 3 half-hour periods throughout the day to log in and see what is going on.

What is your Twitter strategy? Leave a comment.

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