Tuesday, January 11, 2011
Monday, October 18, 2010
Your Home Office Space
Your home business needs a designate area for your "office" . It does not need to be large or elaborate, but it needs to be YOURS!
I just relocated my office to the living-room of our home and it is perfect. I have lots of light and space, my boys are around me (which I love), and I have things around me that inspire me.
Another Shining Example
Tuesday, October 5, 2010
Your Home Business Will Live Only With Sales
You have a home business to make money ... among other things. You MUST know how to meet your customers and give them what they want. Learning sales skills I'd among the best training you can invest in. We are privileged today to be able to attend a half-day seminar by the unquestioned sales expert, Jeffrey Gitomer. Buy his books and learn what he teaches! Your home business will thank you!!
Monday, October 4, 2010
Wednesday, September 29, 2010
A LIE: The Secret to a Strong Marriage: Never Go in Business Together
After congratulating my colleague on her engagement, she turned to me and asked, "What advice do you have for a successful marriage?"
Having just separated from my husband of nearly 20 years, I was taken aback by the question and said, "You do know I'm getting a divorce."
"Of course," she said, "That's why I asked you. I thought I could learn from your mistakes."
"In that case," I replied, "Don't go into business with your husband."
Today, I would also add, have separate bathrooms, but that's off-topic.
In the past fifteen years, I have given that advice to several lovely couples who were thinking about going into business together. I don't think they paid attention. We wouldn't have either. Despite the alleged benefits, I would say the cons of working with your spouse definitely outweigh the pros. But, who's asking me?
During the 1980s, the number of businesses run by married couples increased more than 90 percent, according to the Small Business Administration. These weren't just mom & pop shops, either. In 1995, a full one third of the fastest growing private companies on the Inc. 500 list were owned and operated by husband and wife teams.
The biggest con is that owning a business in effect makes your marriage divorce-proof. While technically you can get a divorce when you both own a business, it's just that it makes for a much messier divorce than your standard split. Maybe it's not an issue for people who are financially independent, but in the case of myself and my former husband, we were financially co-dependent.
For several years before my marriage ended, I knew I wanted out. When I thought about getting a divorce, my biggest concern was not my kids -- I believed they would be better off in a home with less tension. My biggest concern was how in the world would we untangle our business, not harm our employees and clients, and still earn a living.
Every time I thought about it, I got dizzy. And, I never came up with a good solution. So I did nothing.
While my former husband and I did the traditional marriage counseling, it always felt as there was not enough at risk to motivate us to change. After all, what would we do, get a divorce? It was obvious that we wouldn't. The business became a guarantee that the marriage would stay intact regardless of how bad the marriage got, and that gave both of us permission to be very lazy about the relationship.
Of course, in 1980 when we started our business, all we could think about was how much fun it would be and how our talents complimented each other. In those early years, we focused on audio visual production, doing multi-media slide shows for corporations. We had a ton of fun. I did the writing; he did the producing. It was a great team.
But, businesses, like people, grow and change. There came a time when corporations were no longer interested in the multimedia slide shows; they wanted video tape. Instead of writing scripts, I was being asked to do more strategic work. The evolution of the business was great for me, not so great for my former husband.
Looking back, that was a huge mistake. I was so intent on growing the business, that I didn't realize we were losing the part of the business that my husband enjoyed the most. And, if you can't do what you love in your own business, what's the point?
What we couldn't know in the beginning of the business was that the success of the business became more important than the success of our relationship. It happened so gradually, that it wasn't until we had lost the "us" that we realized what was gone.
Early on, we thought we were being smart by deciding to spend the majority of our free time apart. After all, we saw each other all day; we wanted to have our own lives.
So, after work, we took turns. I went to aerobics class three days a week, and he played cribbage with friends on the other days. We did go out on the weekend, but usually it was with other couples, rarely by ourselves.
Despite our best intentions of not talking about business at home, business became the number one topic of our conversations. It was pervasive. It was the thing we shared and cared about the most. Not sure when I realized the business had become more important than the marriage, but it definitely happened, years before we legally ended our union.
Being in business together meant vacations together were few and short. It was really tough for both of us to be away together for an extended period of time. And, even when we were on vacation, we were still tethered to the business.
Ultimately, the marriage ended because the business ended. In the early 90's, my husband became an early adopter of the World Wide Web. He was a visionary, seeing how the medium would change how people interact. In those early days of the Internet, he threw himself into creating an online grocery store. This was before Paypal, before shopping carts, before Google. At the time, there were just about 100,000 web sites.
Obviously, the project failed, and with it, because of circumstances too personal to discuss here, the business went with it. The official end was a Friday the 13th.
Within a week, I was offered a position at a national marketing firm. While it was definitely a transition to become an employee, I relished not having to meet payroll every two weeks, and being able to take days off and really take the days off. Most of all, I loved not having my husband as my business partner.
Eight weeks after our business closed, my husband moved out. We said it was a trial separation, but I knew that it was going to be permanent. 15 years of letting the business supersede our personal relationship had taken a fatal toll.
Over the years, I've wondered if we had been more mature, if we had better communication skills, if we had been more diligent about spending the time on our personal relationship, if we could have survived everything that owning and closing a business entails. The truth is, our business was a jealous mistress that neither one of us wanted to share or let go.
And, like many mistresses, the business eventually ruined the marriage.
Elana
BlogHer Contributing Editor: Business & Career
FunnyBusiness
via google.com
I saw this and thought, "This might be some of the worst advice I've seen." Philip and I have been successfully married and in business together since 1994. Does that sound like being in business with your partner is a recipe for failure?
The truth about having a home business with a partner is you both need to learn how to work with each other and how to separate work from the rest of your life. It's not always easy but it can be very rewarding.
And I can say that it's contributed to our marriage vs taking away from it. We have had challenges, to be sure. But show me a marriage that doesn't.
Don't listen when somebody says you can't do it! We coach many couples, either already in business together or preparing to take the leap. The success comes from the self-knowledge of each of them as well as their willingness to find ways to make things work and capitalize on individual strengths. And, oh yeah, then there's that communication thing, too.
Want a strong marriage? Having a home business together may be just the ticket!
Monday, September 27, 2010
How You Handle Complaints Will Make a Difference in Your Home Busienss Success
If you've ever been to Las Vegas and visited The Wynn resort you know they are an "A" class resort and, like Disney, they manage every detail of their customers' experience; treating the customer area of the resort as the stage where a performance is going on 24/7.
That said, there are still complaints that have to be managed. We had one on Sunday and it's a clear example of how proper handling of our problem means they will continue to get our business:
We went to the resort for the Sunday brunch. We do this often to work. It's a great environment and we always get a lot done. We're there for 3 hours (+/-) and leave an appropriate tip as 'table rent' for the server.
Sunday we were seated in Carlos' area. We sat, he brought us our drinks and we had our first course. 40 minutes later Carlos finally came back around to our table to let us know he'd be right back to refill our glasses. 40 minutes! Our glasses have NEVER been empty at the Wynn brunch before!
We hadn't started working yet and I was annoyed. This is a totally foreign experience for us when at the Wynn. I thought about just sitting back and letting it ride but because I was so distracted by the poor service, I wouldn't be able to fully focus on the work we wanted to get do so dicided to speak to the Hostess.
Elsie was stellar in her managing of our complaint. She listened to us and immediately agreed to seat us with another server. She was very apologetic and said she'd also let the manager know what was going on. She was friendly, always with a pleasant look on her face, and made us feel like she genuinely cared. She seated us with Lisa who performed her duties without fault and with transpanency. Our glasses were never empty and she was always available, checking on us AND the rest of her customers.
Lisa was delivering the kind of service the Wynn has set us up to expect. Carlos was not. They both had the same number of tables and customers but Carlos' attention to the needs of his customers fell far below even minimally acceptable standards.
Elsie came back shortly after reseating us to make sure we were okay. Perfect!
Bottom line: If Elsie had handled our complaint differently we would have left the buffet and the resort with a sour taste in our mouths. Would we have returned in the future? I don't know. But we certainly would not rave about the resort, the service, or the quality of the Sunday brunch.
For you and your home business, especially if you have a home business start up, one bad experience can mean certain failure. Turn it around by satisfying your customer and you can end up with a cutomer for life. Caring about them, their problem, and their experience will ensure they return, and their trust in you will deepen. Even more, they'll tell the story of what you did for them. There is no better advertising for your home business than word of mouth.
One other note: A dissatisfied customer will tell more people about their experience than you can afford. Likewise, a satisfied customer who's turned into a raving fan will talk about you and yoru home business and convert peole to customers for you. It's far too costly to undo a customer's bad experience. Manage every detail and make sure the experiences are all positive - even the handling of complaints (or should I say, especially!).
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