By k | October 3, 2016 - 6:00 am - Posted in New Business Development

The US Presidential Election
is on November 8th.

I deliberately delayed a book release
so it didn’t happen in November.
Because I think
unsettling events will happen
in November
and promoting books
while unsettling events are happening
makes readers angry.
A book release I can’t promote
is a waste of time and energy.

I believe
that no matter who wins,
there will be upheaval,
there will be violent reactions.
As business builders,
we should plan for this.

We should think about
our Christmas marketing,
the safety of our physical stores,
the mindset of our employees,
of our customers,
potential disturbances
in manufacturing,
and so on.

Maybe I’m wrong.
Maybe nothing happens.
If so, you have an emergency plan in place
for the future.
You have a clearer view of your business.

And maybe I’m right
and you’re prepared.
You can react quickly.

Think about November.
Prepare for it.

By k | October 1, 2016 - 6:00 am - Posted in New Business Development

a newer writer
asked an experienced writer
why she priced her books
at $3.99 rather than $2.99.
She asked this in a reader group.

So the experienced writer
gave the ‘reader’ answer,
something along
the lines of
‘The additional $1 might not seem
like much
but it makes a big difference
to the quality of the story.
I can put
extra time and care
into each story,
hire the best cover artist,
make it available in
all formats.”

If the newer writer
had asked this question
she would have likely learned
that the experienced writer
sells as many copies
at $3.99 as she sells at $2.99.
Why wouldn’t she charge
the additional dollar?

Be conscious of
when and where
you’re asking experts
It might change the answers.

By k | September 30, 2016 - 6:00 am - Posted in New Business Development

One of my mentors,
ironically a male VP,
taught me
to never say something
without having facts to back it up.
It doesn’t matter
if that something was my opinion.
I needed a fact behind it.


Because it limits
what we now call

Mansplaining is
“”to explain something
to someone,
typically a man to woman,
in a manner regarded
as condescending
or patronizing.”

If a woman states something,
even her opinion,
and men are listening,
it is almost guaranteed
that she will be challenged on it.
She could be the expert
and he could know nothing
but he will state his usually contrary opinion
and undermine her position.

Often one source isn’t good enough.
I was in a discussion recently
about the ownership of the company.
I knew who owned the company
because I knew the management team
and I gave one media source to back that up.
The man told me that source wasn’t reliable.

Sometimes the man will interrupt
the woman
before she’s finished speaking,
sending the message
that her insights aren’t important
or reliable.

So she stops talking.
She’s intelligent.
Why should she speak
if no one values what she says?

Why should you
about mansplaining?

(Whether you’re male or female
- women often borrow
the management styles
of their male mentors)

Because if you
have women
on your team,
experienced women
who have been in the industry
for a while,
they are NOT going to share their opinions
unless they have facts behind it
and they care enough about the topic
to fight to defend their answer.

they know they can trust you.
You have a record
of valuing their opinions,
of not asking for backup
for these opinions,
of not asking for proof
regarding topics they’re experts in,
of supporting them
when they speak on these topics.

If the women on your team
don’t share their opinions
in meetings
without prompting,
you haven’t earned their trust.
You’re not benefiting
from all of their knowledge.

Build an environment
where mansplaining is NOT okay.
This will be so rare,
that it will give you and your business
a strategic advantage.

By k | September 29, 2016 - 6:00 am - Posted in New Business Development

There’s a misconception
that, in modern romance novels,
the heroine gets rescued
by a tall dark handsome Prince Charming.

She doesn’t.

In a well-written romance novel,
the heroine ALWAYS rescues herself.
The hero might help her
but she’s responsible for her success.

You’re responsible for your success also.
There might be mentors, partners, others
helping you
but YOU have to ’save’ yourself.

Barbara Corcoran,
real estate entrepreneur,

“I had a hard time
learning to read
in school
so I read picture books
to myself
until I was about 11.

Cinderella remained my favorite,
but I got a whole different message
out of it
the older I got.

I figured out
I probably wouldn’t get a lucky break
someday to take me
out of our overcrowded apartment
—we had 10 kids and 1 bathroom
—so I let go of the idea
that I would be rescued
and decided I’d better
become the prince.

I worked my ass off
after school from age 12 on
and got as many jobs
as I could,
figuring if I could work really hard
I could be the one
to make other people’s
dreams come true.”

Don’t wait for anyone
or anything.

Make your own dreams
come true.

By k | September 28, 2016 - 6:00 am - Posted in New Business Development

I saw this trend
on the news last night.
A talking head
asked an expert
for her opinion.
Then she asked three regular folks
for their opinions.

The message was…
the regular person’s opinion
is just as important as
the expert’s opinion.

No, it isn’t.

To say
the opinion of someone
who has spent 30 seconds
thinking about an idea
is as worthy as
the opinion of someone
who has spent 30 years
researching, talking about,
thinking about the same idea
is ridiculous.

A random person
is unlikely to even represent
the average person
or your target customer.
She can give you
information on
one thing -
her preferences.

It doesn’t hurt
to listen to everyone
but think
before taking action
based on
the random person’s opinion.

By k | September 27, 2016 - 6:00 am - Posted in New Business Development

I ignored Indie publishing
for years.
Writers told me
to try it.
I resisted.

Then readers started asking
for things
that I,
as a writer with a publisher,
couldn’t provide.

I realized then
that Indie wasn’t a fad.
It was a game changer
and it was not going away.

A game changer
will happen in your industry,
if it hasn’t already.

There are ways
to be more responsive
than I was.

Scott Anderson,
in the Autumn edition
of UofT Magazine,

“Companies that
navigate disruption successfully
tend to be structured
in tightly knit teams,
cultivate close links to
customers to anticipate
their future needs
experiment across
multiple generations of technology.

Rotating managers
among different areas
of the company
also helps those managers
embrace innovation more easily.”

The link to the customer,
is key.

Change is coming.
Build your business
to survive
and possibly thrive in it.

By k | September 26, 2016 - 6:00 am - Posted in New Business Development

Every day,
at least 6,000 books
are released on Amazon.

I suspect your industry
is also crowded.

The big markets are massive.
It is impossible to sell to
every prospect.

But you CAN sell to
every prospect
in a smaller niche.

That’s one of the best
‘tricks’ to increasing book sales.
Dominate a niche.
Make those niche customers happy.
THEN expand to a larger market.

Seth Godin

“Too often,
we’re attracted to
a marketplace (a pond)
that’s huge and enticing,
but being a big fish there
is just too difficult
to pull off
with the resources at hand.

It makes more sense
to get better
at finding the right pond,
at setting aside our hubris
and confidence
and instead settling for a pond
where we can do great work,
make a difference,
and yes, be a big fish.”

Start niche
and then expand
(or not).

By k | September 24, 2016 - 6:00 am - Posted in New Business Development

There is a photo floating around
social media.
A quick service restaurant
has a hand-written sign posted,
saying ‘No Frise. Sorry.’
The message on this photo is
‘The guy that wrote this sign
wants $15.00 an hour.”

The guy who wrote that sign
DESERVES $15.00 an hour
(either now or eventually).

Does he have a spelling error
in his sign?
Unless he’s selling decorative items,
yes, he does.

But some of the
most successful entrepreneurs
on the planet
have learning challenges.
Richard Branson, for example,
has dyslexia.
That didn’t stop him
from building an empire.

In today’s world,
with spellcheck loaded
on every device,
knowing how to spell
adds little value.

Having drive, however,
is rare.
This ‘guy’ had the initiative
to put up a sign,
to solve a problem,
he had the customer service savvy
to say ‘Sorry.’

This is an employee
any business builder
should be happy to employ,
to train,
to advance.

The average person
sees the trivial
- the spelling error,
the mistake.

The business builder
sees the important
- the initiative,
the customer service,
the exceptional employee.

Think like a business builder.

By k | September 22, 2016 - 6:00 am - Posted in New Business Development

Cash flow is king.
If our businesses run out of cash,
we’re done.

If you sell to businesses,
one of the things tying up
your cash flow
could be your customers.
They’re not paying their bills.

Brian Moran

“Consider starting with
the customers
who owe you the most money,
as well as those
who are the most delinquent
in paying you.

It’s possible their business
is struggling,
or maybe they never received
your invoice.

Regardless, a phone call
may help clear up
most of the problems.”

They might, also, be simply
waiting for that phone call.

I’ve worked with many companies,
some of them big brands,
that had the policy
that they wouldn’t pay vendors
unless the vendor asked
to be paid.

Their thinking was
‘You must not need it
if you’re not asking for it.’

Ask for payment.
You DO need it.

By k | September 21, 2016 - 6:00 am - Posted in New Business Development

As a writer,
I’m surrounded by people
who love creating drama.
It’s what we do for a living.

Drama is often good
for getting publicity
but it can be detrimental
for getting things done
and it can be extremely distracting,
especially in the workplace.

My tactics for reducing drama

- Being as open and as transparent
as possible.
When I hear a rumor,
I address it.
Often I’ll do this indirectly.
For example,
if I hear that a writer
thinks I’ve stolen her plot,
I’ll write a detailed blog post
about how I crafted my plot.

- Not naming names.
I won’t mention the originator
of the drama
because if I do,
she’ll be forced to go
on the defensive.
She’ll post a counter argument
and the drama will continue.
Also I don’t want
anyone attacking this person.
That, again, feeds the drama.

- I don’t contact the drama starter directly.
She clearly likes drama
and will twist any conversation
into more drama.
Any private conversations will be shared
and manipulated to create more issues.

- Once I’ve addressed the drama,
I don’t address it again.
I focus on the next issue,
the next task I have to do.
If anyone talks directly to me about it,
I simply link to where I addressed it.

-Act professionally.
Professional people are boring.
They aren’t great participants
in drama.
And there are plenty of people
who aren’t professional
for the drama creators to focus on.

The good news is,
if you are open, honest,
act professionally,
drama should pass.

Don’t feed the drama
and don’t let it engulf
your business.