Posts Tagged ‘learning’

Looking Back and Thinking Forward

Monday, November 24th, 2008

I spent most of this morning in meetings with partners and associates whom I work with on a wide variety of projects. The focus of these meetings was on what we’ve done together in 2008, what worked and didn’t, what to continue doing or not, and what new things would we like to try/accomplish in 2009.

It’s something I like to do every year just before Thanksgiving because December gets too crazy with holiday retailing and marketing, and January is too late to do it in my opinion. By January I want to already be knee-deep in kicking off the new year and projects, not still reviewing the previous year.

I have to admit that I’m a little disappointed with the looking back part today. Not for the reasons you might think though.

I’m not disappointed by earnings, in-fact despite the economic status of the world 2008 has been a record breaking year for my business.

However, where we fell short and what leaves me disappointed is in some of the more important goals and challenges we set for ourselves during these meetings last year.

I’ve been clear on this blog about myself over and over. I’m an ideologue with a bleeding heart. I don’t care about my business being disruptive and innovative in the marketplace nearly as much as I want my business to be disruptive and innovative in my neighborhood. In my community. In my world.

Yes, I want to make money with my company, but I could easily make money working for someone else without having all the leadership headaches. In other words, making money isn’t what motivated me to start a business, take on all of the additional responsibilities and liabilities nor put in the 16 (sometimes more) hour days through the first few years.

My motivation was to create something bigger than myself that would be able to do more than I alone could do in helping others. An entity that could be a real pillar in the community. A springboard for doing good. A benefit to the world for having existed. A resource for its clients. And a way that I could earn a decent and honest living with pride. Mostly in that order.

It’s come a long way from those early years, and I’ve accomplished much of what I intended at the start. By no means am I unhappy about where my business stands in “the big picture” of what I want it to be.

But it’s a few individual goals for projects that we established for 2008 where we fell short of what we wanted which have me perplexed and disappointed in myself for losing focus here and there, for not driving harder when I probably should have.

Again, not because I lost potential profits on those projects, but because the people who may have benefited from the success of the projects didn’t; and it’s impossible with such “what could have been’s” for me to not feel as though I’ve personally let some people down along the way.

It isn’t that we weren’t able to do good things in 2008. For instance 17 children from low income homes received free musical instruments and free lessons from professional musicians because of one program we sponsor. That’s a great thing and I’m very proud of it. But, our expansion goals were to reach 30 children with this program in 2008 and we fell short by nearly half–that’s hugely disappointing to me.

And several other projects had similar results which fell short of our desired goals, as well as a couple of projects which we weren’t able to get off the planning boards as we’d hoped this year that will now carry over to (hopefully) projects for 2009. Sure, it’ll be satisfying if we can get those launched in ‘09, but since we didn’t get them done in ‘08 that means there’s less room for other projects in ‘09 now.

It’s a struggle every year, trying to balance a profitable and socially responsible business model, and we’re always playing catch-up.

I suppose that’s a good thing in some respects because it forces us to constantly be looking for ways to “do it better” and do more with less which spawns creative innovations and efficiencies.

But it’s also hard to really feel good about what you do accomplish when you look at how much that you didn’t or couldn’t in comparison.

I realize this is probably sounding like I’m a bit depressed or having a case of “the Monday’s”, and that’s not so. I’m very happy with my life and work, both in the moment and the big pictures.

Being disappointed with some aspect of my production or performance yesterday doesn’t mean I’m unhappy with myself nor my business overall by any stretch, it only means I recognize where I believe I could have done more and gives me the opportunity to be better tomorrow.

That’s why I hold these “Looking Back and Thinking Forward” meetings each year. So that I’m always on track to be better tomorrow. And I’d encourage others to do the same in their businesses and lives too. Even small or home based business owners who are operating alone or as freelancers. You don’t have to hold a meeting with anyone but yourself to just take a few minutes to see where you’ve been, where you’re at and then plan where you want to go.


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Let’s Make This The Summer Of Education

Wednesday, May 28th, 2008

Right after I published my “Giving Away The Farm” post this afternoon, Heather called me because she “didn’t want to put me on the spot with a public comment” and asked if I’d be giving out the details of the actual niche site and product I create for that case study?

Yes, absolutely! What value would it have for people if they couldn’t take the simple step of visiting the site being exampled and see first-hand how I put everything together?

I’m also going to provide links to the exact articles I publish to promote the niche site and every other resource that gets used or mentioned in the study.

I want folks to be able to really get something valuable out of this.

Of course, some of that is why I’m only going to share the study with subscribers of my monthly newsletter, I don’t want to openly shout out all of the resources I use, or sites I’m building :)

And the newsletter is free, spam free and I only send 1 mailing monthly so there’s no reason for anybody who’s interested to not sign up and see the results.

Just enter your email address:

In addition, once I make my first sale from the niche site and have the results for the study, I’m going to refund the buyer and let them keep the product for free, then I’ll also remove the live purchasing link(s) from the niche site, though they’ll still be visible for you to see where and how I placed them, they’ll no longer link out to the payment processor.

Since this is a case study I think it would be unfair to keep the customer’s money as I don’t intend to continue with the product or niche after I publish the study results on my newsletter. I’m doing this strictly as a teaching by example exercise.

But, Let’s Take It Further

Since the June issue of the newsletter will be about this niche case study, and I really like the idea of sharing by example like this, while talking with Heather I thought why don’t we make every issue of the Leap eTips this summer about testing and learning for everyone?

So, here’s what I’m proposing:

- June issue: will be the niche case study of going from scratch to first sale after entering a brand new niche market, with a product created specifically for the example.

- July issue: let’s end some of the myths and misinformations surrounding duplicate content filtering and search engines.

Everybody has their beliefs and opinions about duplicate content filters and how they are used or applied, I’m no different. However, my thoughts on duplicate content filters are based on the actual results of sites I’m involved in and not just what gets tossed around (which is often regurgitated wrong information) on forums.

Still, any time I’ve shared my thoughts in discussions on blogs or forums there are always some people who seem to feel I’m pulling my opinions out of the air rather than basing them on facts because they read something different from someone else, so this will be a way for us (me and my newsletter subscribers) to test in real time and see through real examples exactly what does or doesn’t trigger red flags when repurposing content.

To be clear, I’m a big fan of creating and using original content for my own sites. However, if I enter a market where some specialized knowledge that I don’t have would be beneficial there are times where I think it’s appropriate to repurpose an article or white paper that has republishing rights attached to it.

For example, if I were building a niche site around some skin care product, then articles from dermatologists or even beauticians might be of benefit to my site visitors and to me ultimately.

And there are ways to repurpose this content, even though it’s technically duplicate content, that are entirely ethical and without suffering any filtering or penalties at all. I’ve done it numerous times, and this will be a great way to share my methods and experience with you by real live example that can be monitored.

- August issue: creating your own digital products. This is a topic I know a lot of people have trouble with. My experience with friends whom I’ve helped build their own products for the first time has told me the biggest obstacle they seemed to face was that they held the wrong impression of what a digital product is.

Honestly, more than once I’ve heard “I don’t want to write a cheesy ebook and scam people with it”. My reply is always the same, then don’t!

I’ve never written a cheesy ebook (that I’m aware of), and I’ve certainly never tried to scam anyone for anything. In fact, I’ve always tried to under-promise and over-deliver with every web property and digital product I’ve ever created. That’s just how I am.

But, because there are so many “make money gurus” and what-have-you out there who are constantly selling the hype of their latest digital products which typically fall short of the promised “goods”–they’ve caused digital products in this market to take on a sort of stigma with many people.

But here’s the real deal, first of all you can create fantastic digital products rather easily and not have to fear that they’re cheesy in any way… and not just ebooks, but audio and video materials too. Most of the tools you could need are available free to create amazing digital products with.

And secondly, if you stay out of the “make money online” markets then that dirty stigma attached to digital products won’t really apply to you because your market probably won’t have had the same experiences of digital products = “over-hyped junk” that the make money online market has.

In fact, when you get into niche markets that have nothing to do with making money online you’ll find that there are information seekers out there willing and happy to buy almost any ebook, graphics, audio or video products related to their topic of interest that you can offer them.

I have a friend who sold tons of videos on how to tie knots online about 2 years ago. He took most of the information from his old Boy Scout manual, created a bunch of short “how to” videos for each different knot and then sold them as a package on his site devoted to hikers and camping enthusiasts. And guess what? You could find detailed tutorials for every one of those knots online for free.

I have another friend who has been featured in several major magazines now because she’s created a 6 figure business from creating and selling Recipe ebooks. Seriously, you can search Google for any recipe in the world, and yet she still sells a dozen plus copies of her ebooks every day now.

Why can these people, and others make money with digital products when most (if not all) of the information is already available online for free?

Presentation.

Plain and simple, if you know how to put information together in a pleasing way that your market will connect with, then people interested in the topic(s) you cover will gladly pay to own a copy of your presentation of it.

So, for August I’m going to need a couple of volunteers and we’re going to create some amazing digital products together, documenting the process for everyone to share in the experience, and for those who volunteer you’ll not only get the experience and insights but you’ll also have a profitable product ready to take to market. Even though I’m going to work with you on it, you’ll own all rights to the completed product.

Please contact me here if you’re interested in building a digital product for the August issue with me.

Okay, I think that wraps up the summer of education idea. To follow along with all of this you’ll have to be a subscriber to the Leap eTips monthly newsletter which is free of cost, free of spam and only sends out 1 mainling per month (so free of abuse too).

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