A Most Timely Obituary
I saw an obituary in the national news that should be of interest to every solo business owner.
The eulogy was tucked away in an obscure spot where I doubt many took notice.
Please read the full text - it is extremely important and so very appropriate for our times. You will want to keep in mind whom you are reading about!
Execute your business with the memory of this old friend always in your mind.
I'd like to spend some time giving you what I believe are great solo business quotations. These are not my thoughts (although I wish I had the keen insight that these business savvy people express) but rather the ideas of others that are targeted to helping you in your online business.

We're back again reviewing some more wonderful small business advice from some of the most successful people in the business world. These are not my thoughts (although I wish I had the keen insight that these business savvy people express.)
Here are some additional small business quotes that you can enjoy.
Business mentors are a real boon to most entrepreneurs. They have traveled the same road and can keep you out of danger.
Do you have the proper mindset for solo business?
I know many would-be business owners are caught up in the dream of solo business.
I was rummaging through some files last night and came across the checklist I'm going to share with you today.
One of the major challenges and struggles of most beginning small business owners is grasping and understanding what is going to be required to stay on top of the company's financial position.
I recently came across some information that should be of interest to all solo Internet business owners.
It seems that almost everyone has an idea for a killer home business.
Think about your experience as a customer in any particular niche where you were seeking information. Do you remember how frustrating it usually was to try to have certain "knowledge-related" questions answered?
It would be a grave mistake on your part to ignore the wants of the women in your niche.
For many entrepreneurs, getting started in business on solid footing is an elusive task. Preparing a business plan just doesn't seem to be that important.
Call it what you will ... keeping the books, financial management, accounting, doing your taxes, crunching the numbers and on and on ...
A sound marketing plan is very important to the success of any solo online business operation.
It seems to me to be a little weird. There are lots of daily searches for the phrase "business ethics" but there are very few products that deal with the subject.
I'd like to talk about a way to conduct your solo business online that will bring you all the profits and business that you can handle. What I'm speaking about has as much to do with your mindset as it does about your strategy or business system of operating.
Most "How to Start a New Home Business" books will include a list of personal characteristics or personality traits the author feels are necessary for the entrepreneur to have in order to be a successful small business owner.
Here's an exercise that anyone can do that should help you come up with some great and personalized ideas for the subject of your new online business.
In the previous two posts, we discussed a technique for drawing up a very specific list of business subjects that could become the basis of your online enterprise. They are designed to take advantage of your past life experiences, education, skills and passion.
Who says Internet business can't be adapted and put to profitable use by a youngster?
What I am about to tell you may shock you, enrage you, or maybe just disgust you -- but I will not mislead you!
Are you prepared for a job change?
Chances are pretty good that you've known several people, maybe family members, or friends, or past co-workers that have made the leap to private business ownership.
The Internet landscape is saturated with claims of easy, automatic, guaranteed, wealth-building packages and lucrative startup systems that anyone can do with minimal effort and wild success.
I've always been one to look at new year's resolutions as a two-edged sword.
My friend Jeff had tried three different business creation "systems" or turn-key packages over the past few months that had initially sounded like they were exactly the solution he needed to profit from his own online business idea.
There is a real attraction to purchasing a "business in a box" system.
We've been discussing the futility of buying into many of the so-called "business in a box" solutions that are available to the online entrepreneur.
I've often thought about the myriad of reasons for startup business failure. Because creating and operating a business involves so many details, it's easy to understand why problems galore plague entrepreneurs.
Some call it "the paralysis of analysis."
Most new business owners tend to be great advocates for their product or service as they prepare for their business launch.
Everyone that goes into business as a solo operator needs to develop a certain amount of "creativity" or non-traditional thinking. Why?
Coming up with a workable home business idea is only a beginning. If whatever that idea is never develops beyond a thought, your dream of a real business will never happen.
In a previous post I talked a little about the importance of being honest with yourself as you undertake any business creation.
It's a nasty name, "swipe files," but it's an idea you should implement immediately if you haven't already gotten yours started!
Working for yourself often seems like the perfect solution for finding a way to earn a living and also enjoy some freedom of expression and the flexibility to set your own work schedule.
In the previous post I suggested that there were some personality traits that were commonly measured (through self analysis testing) that seem to be indicators of the entrepreneurial mind set and qualities necessary for future business success.
This can be one of the most perplexing and difficult decisions you have to make as you decide to create a business.
There are special challenges and unique rewards for married couples that create and operate a home business in tandem.
The unique and important aspect of any web based solo information business operator is the fact that he/she can deliver personal knowledge, skills, or experience to targeted customers over the Internet and get paid to do so!
Have you ever heard that story about the ocean-going ship engine that failed?
If you sell information, you are, in essence, a paid consultant.
Here is my checklist of crucial questions to ask yourself about your solor business, whether it's still in the making or already cranking out a profit.
Creating a new business is like preparing for a wedding: there are a thousand details that must be planned and executed.
Every county will have its own procedure and you may find that this is the place to begin tracking down all the licenses and permits that you need. This is the place I started, but was told to register my business name with the State first . . . so that's what I did.
When most business owners talk about "framing their business license" they are referring to the municipal or city business license that authorizes them to do business at their chosen location.
I'm as guilty as the next small business author. I like to share the business owner personality traits that seem to go hand-in-hand with successful business.
Among the many choices the entrepreneur faces in setting up a business from scratch is deciding upon the type of structure he/she will set as the framework for the enterprise.
Every business needs a skeleton, a backbone, a framework that gives structure and organization to the operation.
Picture yourself leaving on a journey to a far away place you've never been to before. You're not quite sure how to find this place, but you think you can ask questions of the locals along the way so you'll be able to zero in on your final destination.
Regardless of your business structure (sole proprietorship, partnership, or corporation) you should apply for an EIN (employer identification number) if you want to be seen as a legitimate business.
Just a few years ago, if you owned a solo business and contracted your time and expertise out on an hourly basis, you probably called yourself a freelancer.
Most of the professional solo businesses that I am aware of have followed a very traditional model in how the business is set up and operated.
One of the ways solo business was conducted for many years in this country (U.S.) was by what I call "the one man band" business model.
For many years, solo businessmen worked among the ranks of the self-employed as "organizers" or facilitators of groups of like-minded people.
Since the beginning of time, solo business persons have opened and maintained retail stores that sold products to walk-in customers.
If you are serious about starting a small solo business, there is no greater lesson to learn than how to apply the principle of maximum leverage to everything you do in your business operation.
When you get right down to brass tacks, most successful businesses are pretty boring. Really!
Remember how difficult it was to be 13?
Here are a few ideas that may be useful as you consider what you can do to become a star performer in the eyes of your customers.
Every business begins with an idea. The idea may or may not be your own, but it will determine, to a large extent, the success of your business.
First, think for a moment about a traditional physical business.
Information businesses that are created, developed, promoted, operated, and delivered over the Internet are "the perfect business" because the product or service requires no employees, no stored inventory, no physical packaging, and no physical delivery.
Today I had a rude awakening. I discovered I needed to practice what I preach. I needed to start taking my own advice.
When you do business online, you have to get a little personal with your customers. There's no way around it.
I started following Internet businesses back in the mid-90's and continue to be amazed at the variety and sheer number of creative business techniques and selling ideas that I've seen during that time.
Let's face it, many folks that start their own solo business are first time entrepreneurs. They have no history, background, or training in small business development or operation.
Over the next few posts we will be looking at things you can do in your business to:
We're discussing the steps you can take as a business owner to make yourself and your company a professional, trusted, "real" business; not some sloppy and suspect half-hearted attempt to grab a few customer dollars.
I cant' overemphasize the notion that the most successful business owners are the ones that become "students" of small business and especially, their own business model and niche.
If you want to have a professional and legitimate solo business, you must learn the discipline of setting goals and visualizing where you want your business to be in the future.
Businesses have to communicate in a variety of ways, but I've noticed that many of the online businesses (that I assume are run by solo owners) these days provide no address or telephone number for the company.
Regardless of the size of your business, you should separate all your business financial information and record keeping from your personal banking.
I don't know of a large profitable corporation that doesn't regularly seek professional advice on a whole range of business issues.
I get a number of calls every week that go something like this:
Here's the number one reason why most people that dream of owning their own business don't ever realize that dream: F-E-A-R
One of the greatest obstacles to man's drive to succeed in his own business (or any other great undertaking, for that matter) is the disdain most of us have for taking risks.
In the past, creating a small business has been a very risky proposition.
Let's look at how the Internet, combined with a simple approach to solo business, allows the entrepreneur to control and greatly minimize the risk of creating an owner operated small business.
In case you haven't noticed, there is an important trend unfolding in the evolution of modern-day businesses that you need to understand and exploit as a solo Internet business owner.
A lot of small business owners would reason that because their business is very small and specialized, they ought to try to save money and increase efficiency by keeping all operating functions in-house under the watchful eye of the owner.
I'm not suggesting anything like copying or plagiarizing someone's profitable business model and products to push them out of their own chosen niche.
Nowhere has the Internet made a more dramatic change in the existing power structure than in the business world.
What you end up doing with what I am about to tell you could have a great bearing on your ultimate future as a solo Internet business operator.
No doubt you have heard this famous phrase many times before - it is used in context with both scientific application and general business principles.
One of the things that most business owners look for are ways to add value to their businesses.
One of my favorite mentors (even though I have not personally met him) is a gentleman by the name of Seth Godin. He was formerly the Direct Marketing Vice President at Yahoo!
There is a tendency to believe that in order to have a successful business, you must be better than the other businesses in your niche.
There is a huge amount of talk and banter these days about niche business and the necessity to focus your efforts in very targeted segments of your market sector.
I was asked recently by a lady that had decided to operate a home-based business, what it meant to "niche your way" to a business fortune.
Malcolm Gladwell, a talented and observant staff writer for "The New Yorker," has written a little book that you, the entrepreneur, should read as part of your basic small business education.
On my reading list for all online solo business owners is Michael LeBoeuf's little paperback called The Perfect Business.
In a lot of online business situations, email is the lifeline between you and your customers and suppliers.
In 2005 I purchased and read Seth Godin's latest contribution to new age business thinking and culture and immediately was struck by it's logic, practicality and seemingly correct vision of how we must sell our products and services now and in the future.
Another book that I like to recommend to entrepreneurs and existing small business owners is The Wisdom of Crowds by James Surowiecki, a columnist for The New Yorker magazine.
To my way of thinking, there are two business functions that every single company needs to execute well, every day of the year, in order to be categorized as a successful business.
We're discussing the little operating changes that can easily be set up in an online business that will add greatly to your customer support process.
You will hear me very often say, "You are the business." The solo Internet business operator is often an individualist that would rather be creative, adventurous, and find his own way over joining the pack.
Some business owners prefer to deal with problem customers by writing them off and shoving them out the door. They don't want or need to be bothered with further dealings or more headaches.
Often, new business owners figure the only way to increase sales is to put your product or service in front of more people.
Entrepreneur is kind of a funny word. It's obviously of French origin. I've been hunting for years to find its English counterpart, but have not yet come up with a suitable substitute.
I want to welcome my new friend Chris Elliott to the blog and the amazing world of Internet business. Chris is a high school senior about to make a choice between colleges and is interested in entering the business world after school is completed.
I remember vividly a debate carried on some thirty years ago in one of my graduate school classes that centered on the question of whether it was a good idea to encourage students to set up and operate for-profit businesses prior to their completion of formal education.
I was actually born about 40 years too soon.
I've written a number of times on getting started in business and most of those discussions, at some point at least, lead back to the importance to small businesses of doing market research to understand who your customers are and what they really want.
Successful Internet business owners know that a consistent, fresh, value-packed email newsletter is one of the best marketing tools at their disposal in terms of both cost effectiveness and customer satisfaction.
I think some people are born to complain.
I'm no expert on the subject because I've only been blogging a short time now (since February 2006 on a blog different than Business Alone).
One of the great advantages of being a blog writer (author) and a blog reader (viewer) is the fact that there are few hard and fast rules about what a blog has to look like, say, deliver, and accomplish.
We've been discussing how to write a blog. I've given six suggestions so far that will help you to be successful and attractive to the readers in your niche.
One of the greatest secrets to successful solo small business seems to escape many entrepreneurs.
I mentioned in an earlier post that I thought press releases were one of the most effective yet misunderstood tools the business owner had at his disposal to market his business and drive targeted traffic to his products.
I have often made the comment, "You are the business." As a small business owner, you are the solo creator, founder, operator, and employee of your business.
When you do business as a solo small business owner, you alone are responsible for every aspect of the business.
I think this is an important question that every entrepreneur needs to ask of him/herself. I'm not talking about turning a dollar bill into coins.
There is one huge roadblock that stops men and women from accomplishing great things in their lives. It's the four letter "f" word . . .
I had to chuckle a bit when I read the following statement in the biography of a local politician that was used to describe his philosophy:
If you have a business based in the U.S. and you pride yourself on having the lowest prices in town (or in your industry), are you ready to be severely challenged?
One of the true challenges facing every Internet business is the process of turning prospects into paying customers.
Of course the Internet small business has many formats to choose from when advertising its products and services.
It seems that the new American Dream is to own a business of your own. No longer is it much of a dream to own a single family home. Everyone seems to have one these days.
As the title implies, there is a business principle that all great companies adhere to that produces wealth and abundance beyond the infusion of cash into a business.
I'm always amazed that entrepreneurs are so anxious to spend their money.
Owning a small business is the new American Dream. A recent national survey found that nearly 60% of Americans listed owning a business as high on their wish list of things to accomplish, even higher than owning a home.
I believe that every business has the opportunity to "make a difference" in the world today, even if only in a small way.
One of the things that small business owners often forget is the fact that customers come to a small business often for the experience, not just for the products or services that are offered.
Nothing grabs a prospects attention like seeing his own name printed in a hand-written letter from a friend.
Whether you decide to publish information in a paid newsletter, a "members only" web site, or an email or notification service, the questions you'll have to answer are basically the same. Why do you want to do this?
Sorry for that title, especially if it offends you in any way. I use it for one purpose: to draw your full attention to the importance of the F-word in small business. That word is "focus."
In another installment we reviewed the various definitions and synonyms for the word "focus."
One of the great advantages to operating a solo business is that you, and you alone, control what transpires in the business. You make all the decisions, you set the rules, and you alone reap the business spoils.
Maybe I should have titled this "Tips from the underground" or "Marketing secrets that few businesses discover."
Buying trends emerge online over time to give business owners, product developers, and marketers clues as to the kinds of things that sell and the strategies that perform best in putting the products in the hands of the customer.
The owner of a solo digital information business is the perfect candidate for a targeted niche blog authored by the business owner and directed to support and advertise the business and the product.
One of the keys to selling products online is to somehow personalize your approach to the prospect.
Have you ever noticed how customers like to be given very specific instructions or detailed directions from those they consider to be an expert?
Often small business owners have little or no formal training or skill in advertising and marketing their products.
Of course you would want to do that. Here's why!
Don't mistakenly believe that corporate press kits are something reserved for the "big boys" of the business world!
There's a very interesting phenomenon that often takes place in small business environments that to some extent can be predicted.
The manufacturers of the industrial era had at least one thing in common: they found that mass production could cut both product costs and production times by substantial amounts when work was compartmentalized and the flow of assembly was orchestrated to bring all the parts together at the proper time (on the assembly line) and sequence.
One of the surest things besides death and taxes, is the fact that change will occur in your business niche. It's inevitable.
A lot has been written over the past ten years about business owners as risk-takers, and the characteristics or qualities that they possess which allow them to be successful in what they do.
Creating and operating a new business can be an extreme challenge.
If you have targeted your customers properly, there will be few better or more productive business lead generating tools than to publish a "Tip of the Day" related to the education of your audience in your chosen niche.
Every business owner, at some point in her career, will face sharp and emphatic criticism by a customer, supplier, or competitor.
If you're a blog author, you've probably contemplated what, why, and how you write.
If you've read any of the material I suggest about marketing a small solo business, you know that I am a firm believer of very targeted marketing to customers that have shown an interest in your business or products.
I'll have to be careful with this post because some business owners will think I'm giving some very poor and bad advice about growing a solo business.
Once you leave the corporate world (or any kind of job where you're an employee for someone else) for the adventure of solo business, it only takes a day or two before you realize that you're standing naked in front of the world hoping that somehow others are going to notice your business.
In our previous discussion, we talked about the fact that a new business owner cannot rely upon "the corporation" to provide him with contacts, invitations to events and groups, company resources, credibility, etc.
Here are some additional suggestions on ways to begin a business network of contacts and support if you are creating a solo business:
Here are a few more suggestions of ways to begin a business network of contacts and support if you are creating a new solo business:
Why am I so passionate about solo Internet business?
Think back to the time you had your first thoughts about working for yourself by creating a business.
A friend of mine inherited a small gas station from his father.
If you've been doing business on the Internet for any length of time, you've undoubtedly heard the term "sticky" or "stickiness" used to describe the ability of a web site to engage it's audience.
Small business is never easy.
I was asked this simple question in a roundtable discussion of business owners recently, and to my utter surprise, a very lively dialogue carried on into the night as the group of us debated the challenges and opportunities that affect small business today in comparison with "the way it used to be" just 10-15 years ago.
Every small business owner wrestles with understanding how to increase his business.
Times are changing and every solo business owner needs to design his little company in a way that it can be globally competitive.
Here's a very powerful marketing strategy for every small business owner that has ever wanted to "force" his clientele to identify with him.
I've often asked myself this question. It seems that when I was younger no one talked about individuals owing and operating a business without employees to help share in the work.
Today's post is a bit of rambling about a principle that all of us seek and can, at least to some degree realize, regardless of how our business endeavers pan out.
Taking on a business partner is a serious step. Regardless of the project type or business arrangement, you as a business owner should be very cautious that you understand WHY you are trusting your business reputation (and possibly your business health) to another individual. The old phrase "getting in bed with a stranger" is certainly appropriate for your consideration.
I have often been asked about the effectiveness of "buying" customer service in a small solo business. Solo owners want to know if putting forth the extra effort to become stellar at giving outstanding customer service will really increase their business bottom line proportionate to the cost of taking the time to rise above mediocre or "standard" and expected service.
I was going through some of my Internet business books yesterday and noticed a little red paperback book that I remember reading several years ago. I dusted it off and read it again.
Being a good solo business owner often means persuading or motivating people to accomplish tasks that you need to have done. Often, you just can't wait for folks to start a project on their own time frame. You need to have services and business execution happen quickly or you will lose money.
Last night was one of those nights that I absolutely hate! And as I grow older, I have them more often than I used to.
I thought I'd post a little change of pace today. I ran across an interesting bit of wisdom a couple of days ago that I wanted to share with you.
I came across some wonderful advice written by Benjamin Franklin hundreds of years ago. I thought I would share it with you today and also in the next post. There is so much wisdom and sound advice here.
Every solo business owner has a set of core principles or values that determine how his/her business is operated.
Often I am asked something like the following:
In the previous post we began discussing where to look (in your business) to find areas that you might grow in your business. What can you do to become more successful?
My guess is ... most entrepreneurs don't go into solo business with the exit door in mind.
There are a lot, and I really mean A LOT, of entrepreneurs that have a fear of offering products for sale online.
We are continuing our discussion of the fear of Internet selling. You see, many would-be entrepreneurs have extreme fear of offering products and services online to potential customers.
All small business owners will be faced with the decision to use less than truthful advertising and promotional strategies in their sales letters, email communications, ads, and other promotional material.
