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Building Your Small Business, Networking and Having Enough Time to Spend With Your Family. Is It Possible?

Building Your Small Business, Networking and Having Enough Time to Spend With Your Family. Is It Possible?

by Frederika Angus

When you decided to go into business, your goal was probably to generate an income, a substantial income. Now it wasn’t all about the money, but the lifestyle that the additional money could provide for you. This business was supposed to be a bridge between the life you currently have and the one you dream about. You know, the life where you live comfortably without the stress of bills, are free to dictate how you spend your time instead of being told, and enjoy doing fulfilling work and serving your clients.

I wholeheartedly believe that entrepreneurship is a great vehicle to make all of those things happen. As an entrepreneur, I can also tell you that all of those things don’t happen if you don’t make enough money in your business to eliminate the need for a full or part-time job. One of the best ways to put money in the bank is to have a large enough funnel of prospective ideal clients.

Networking to expand your brand and reach of influence is a very smart way to to gain new customers. Unfortunately, the way networking is typically done does not produce a very good ROI, or return on your (time) investment.

I received a great question from a client requesting tips on how to add networking to an already full plate. What is a busy entrepreneur that loves time with their family, has an additional job and is even going to school to better their skills for their clients to do?

Really there are only two options (since we know not networking means no new work coming in). Either you decide to network live or online. Let me explain.

If you decide you will do in-person networking events, be selective. I value spending time with my family and creating memories that will last a lifetime. Every event that presents itself for networking is not necessarily the event for me. Select events where you know that the people in attendance are of high quality. These are the people that are not at events because they want to be seen or they have nothing else to do. Be mindful to associate and network with people who may know your ideal client or even potentially be your ideal client.

Also understand that at networking events you are the representative for the brand. Yes, especially at live networking events, you are branding via your business cards and your overall appearance and attitude. Because of the corporate clients that I attract, I understood the importance of being memorable in a very cookie cutter industry. My cards are intentionally not like most. It has a flair and quality that reflects me and allows me to standout days and even weeks after meeting someone. Just this past week I happened to run into a person from a past business function and he identified me first by my business card which reminded him I was unique in the marketplace and that we should talk further.

Learn how to network online from your couch and even while you sleep! You have enough going on in your life that you don’t need “one more thing to do.” Networking usually takes time away from the things or the people that you would prefer to spend your time with. If you are not already making good use of the technology that is available, start today. Connect with me on LinkedIn, Twitter and Facebook to help expand your online network. Developing relationships on these platforms is a good way to also expand your brand where your ideal clients hang out without being intrusive.

If your networking purpose is to generate new leads and prospective customers, there are strategic methods, systems and tools that you can use that will work for you even while you aren’t working your business. Weigh your return on investment. Would you rather spend 2 hours talking to a person in hopes that you will be able to schedule a meeting that might one day lead to a customer? Or would your 2 hours be better spent with friends, family, or even doing what you love and taking care of yourself while your lead generation is handled for you?

Over the next few weeks, we will further discuss how to build your brand online in such a strategic way that you are actively adding new prospects to your network because they are already looking for you. I’m looking forward to sharing these innovative strategies and techniques that will take your business to the next level.

In the meantime, be sure to post any comments or questions you have below.

Talk to you soon!

Mistakes Small Business Owners Make With Social Media

by Frederika Angus

Social media is an effective way to connect with people quickly, develop new relationships and have nearly instant access to potential customers and business partners alike. While most small businesses understand the importance of using social media as a way to build and expand their brand, there are some critical mistakes that are made than can harm instead of enhance your business.

Not having a social media plan

There is a big difference in how you utilize social media personally and how to leverage it’s power to present and provide valuable information to the world. It is important to know what you want to achieve through the use of social media. Without having a plan, it will be more difficult to measure if your efforts are providing your desired results.

Updates that are too personal

Simply put, be personable without being too personal. Avoid talking about relationship troubles or issues with colleagues, or clients. Strive to be a positive source of information and provide valuable information while cultivating relationships. Doing so will develop a culture of followers that will be loyal to your brand and business as they learn more about you as an entrepreneur and how you can serve their needs.

Promoting without participation

Have you ever been at a party talking to someone who believes the best topic of conversation is themselves? Make sure not to do the same on social media. It will be a real turn off to your ideal clients. Social media networks are a wonderful place to give as well as receive. Avoid just talking about your business without engaging your followers by responding.

What other social media errors have you seen businesses make? Share additional mistakes below.

Talk to you soon!