2-8-2017, Mobile Electronics Magazine -- It's a known idea in life that the young typically leap before they look. Typically, the older you get, the more cautious you are when making big decisions. Sometimes, that's a bad idea. Striking while the iron is hot seemed to be the motto of this year's Atlanta Falcons, which became the highest scoring team in the NFL with 540 points in the regular season. While scoring in such an aggressive manner doesn't guarantee that a team will win a Superbowl, it doesn't hurt either. Ethan Blau uses a similar strategy with his shop, Sound Wave Customs (SWC), out of Virginia Beach, Va. By utilizing a combination of service-centric sales tactics, an aesthetically-pleasing shop layout and accepting any job that comes through the doors with a can-do attitude, SWC has earned several awards in its over three years of operation. Among the awards are a Best Of, Gold award from the Virginia Pilot three years in a row, making the Mobile Electronics Top 50 Retailers and Installers for 2015 and 2016, and winning the Best Customer Experience award at the 2016 Mobile Electronics Industry Awards. Being such a new company, one might expect SWC to…
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1-25-2017, Entrepreneur -- Entrepreneurs have different backgrounds and philosophies and work in a variety of industries, but what they have in common is that they each have a person whom they look up to that affects and inspires their work ethic. Whether it is a parent, a mentor in their field, an investor, a co-founder, even someone they have never met but whose life and ideas resonate with them, you never know who will profoundly shape how you approach your work and career. We asked these 10 entrepreneurs, "Who influences you the most in your work?" Here are their responses. Read the rest of the story HERE.
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How can a business retain or attract a client base during or after a move? Owners and installers share their tips and experiences when it comes to moving on up to a new and improved retail location. 1-23-2017, Mobile Electronics -- Moving is an experience often met with reluctance—packing things in boxes, labeling, loading everything onto a truck and then unloading. While moving from one residence to another can be hectic, moving a business involves even more complications. Opening a new business is just as fraught with questions and concerns. What are the best ways to notify clients of a move? If you’re moving out of town, will your clients travel to meet you, or will you have to attract a new customer base? When opening a new business, what’s the best method for spreading the word? Parish Tanner of Ocala Car Audio in Ocala, Fla. has moved several times in his local area, finally ending up at his current location in late 2014. “Stay in touch. Set up an open house and invite people in to tour new facilities,” he advised. Retailers and owners agreed that careful planning is the key to any successful move, and there are a…
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1-23-2017, Entrepreneur -- 1. Focus “It’s been said that leadership is making important but unpopular decisions. That’s certainly a partial truth, but I think it underscores the importance of focus. To be a good leader, you cannot major in minor things, and you must be less distracted than your competition. To get the few critical things done, you must develop incredible selective ignorance. Otherwise, the trivial will drown you.” —Tim Ferriss, bestselling author, host of The Tim Ferriss Show Offer: Get The 4-Hour Workweek by Tim Ferriss as a free audiobook with a 30-day free trial to Audiobooks.com. 2. Confidence “A leader instills confidence and ‘followership’ by having a clear vision, showing empathy and being a strong coach. As a female leader, to be recognized I feel I have to show up with swagger and assertiveness, yet always try to maintain my Southern upbringing, which underscores kindness and generosity. The two work well together in gaining respect.” —Barri Rafferty, CEO, Ketchum North America 3. Transparency “I’ve never bought into the concept of ‘wearing the mask.’ As a leader, the only way I know how to engender trust and buy-in from my team and with my colleagues is to be 100 percent authentically me—open, sometimes flawed,…
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1-23-2017, CNBC -- Optimism among small-business owners has soared as entrepreneurs hope that President-elect Donald Trump will enact policies aimed at helping them. Trump has promised to ease regulation. While some on Main Street cheer the goal, changing anything substantial about regulation is easier said than done. But there are other ways that a Trump administration can make life easier for small businesses. Consider this five-step plan his first 100 days agenda for Main Street. Encourage large companies and the federal government to hire small businesses "Trump should create tax requirements to source more from U.S. based small supply chain companies, and use incentives to get companies to pay these suppliers more quickly and invest in them with technology and skills training," says Karen Mills, a senior fellow at the Harvard Business School and former head of the Small Business Administration. She served under President Obama from 2009 to 2013. "Instead of squeezing their supply chain constantly, large companies, in exchange for enormous tax benefits, should treat their small business suppliers like partners, creating more value and more jobs at home." Also, Trump should maintain and potentially expand the Small Business Innovation Research (SBIR) program, a competitive awards-based program that aims to encourage small-business…
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Entrepreneur, 1-18-2017 -- We all want our startup businesses to hit that coveted $1 million per year in revenue. The unfortunate truth is that only 4 percent of us actually make that goal. This past year my company scaled LeadQuizzes, our lead generation software, past the $1 million mark in less than six months. Having hit that sales mark, I now know how important it is to maintain an awareness of where you are in your business. That means really understanding: 1) the stage of business you’re in; 2) the fears and limiting beliefsholding you back; and 3) the keys to growing into that next sales bracket. Having this awareness creates more confidence and allows you to prioritize and take action. Here are the five stages I believe that you and your startup must go through to reach that understanding and hit that $1 million in sales. Stage 1: Searching For Product Market Fit Your goal at this stage should be finding a product market fit. You’re likely excited at this point, but scared. Now that you’ve jumped in to starting your business, your plan for how to grow isn’t as clear as you'd thought. What's more, you’re not making much money yet, which…
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