Showing posts with label build business. Show all posts
Showing posts with label build business. Show all posts

Friday, July 25, 2014

We need more brains!

 No, this is not a post about zombies. Sorry if you thought that!

Have you ever had a great idea, but after pondering it for a little while, you are not quite sure if it will fly or not? It happens to me all of the time. I get all excited about some business or plan and then once I think about it for a day or two, I lose my momentum. Instead of letting great ideas fall by the wayside, why not bounce ideas off of another person and see what they think about it?

Brainstorming sessions are valuable in business. If you have someone you can trust with your secret business ideas, ask to have lunch, dinner or even coffee with them. Let them hear your idea and come up with ways it might work, or reasons why it won’t. Either way, you should take advantage of this significant resource.

The name Social Squids, came from such a meeting. My friend and I got together for coffee and I told her that I needed to come up with a name. She’s an illustrator, very talented and creative in her own right. 

The starting point was the fact that I like animals, so we decided the name would have something animal-related in it. We brainstormed great name ideas, terrible ones, silly ones and eventually one of us – I’m not even sure which one of us it was – came up with Social Squids.

I kept doing this thing with my hands, wiggling my fingers and moving my arms outward. I was thinking about how social media reaches out into cyberspace. Not only did we come up with the name, we came up with the tag line too – We have far-reaching tentacles.

Paying someone for their opinion has its value, but brainstorming with one, two or a small group of people, will help you find problems, solutions, more in-depth ideas or sometimes cheer you on for your amazing business proposition.

So, find more brains. Bounce ideas off of your friends in the business community. Sometimes these ideas might seem impossible, but give it a try anyway. It can be an incredibly valuable tool for your business. Just be careful you share your ideas with people you trust and who are not going to take your idea and use it for their own.

Monday, January 27, 2014

To trade or not to trade...

I am currently trading services with a client and considering doing it with another. Over the 26+ years of being in business, I have had the opportunity to trade with a lot of people. It does not always work out to be an even trade, and it doesn’t always end well.

So, trade or no trade?

Personally, there have been things that I could not afford that I really wanted. Every now and then, I found a situation where I could do work in exchange for whatever it was. Sometimes my clients had the same issue. They needed someone to write a newsletter or create a logo or for their company, but didn’t have the money to pay for the service. Usually, these were fledgling companies, like my own at the time.

Back when I first started my freelance business, I could almost always work a trade to my advantage. I traded for veterinary services, pet supplies, baseball tickets and plumbing work. Once I traded for maid services for about a year. That was beautiful, except the woman was always complaining that my house was dirty. Really? Isn’t that why you need a maid? I admit, I definitely got the better end of that deal!

Once I traded typesetting work for restaurant gift certificates. I used one gift certificate to take out a friend for her birthday. I used another to take another friend out to dinner. In exchange, she gave me a tv, a garden hose caddy and a tetanus! Yes, she was fully qualified to administer a shot (I had no insurance at the time). Things were a lot simpler back then. Ah, those were the days…

Not sure if trading organizations still exist, but I was a member of a one in the early ‘90s. The problem was, the monthly fees were due in cash and there was a cash charge for each transaction. I never did very well within that organization. I had hoped to trade for a chain link fence, but that didn’t work out for me. Direct trades worked better for me. The IRS says you have to pay taxes on any income, including trades. You are supposed to declare the value of the traded item.

Trading is a little different for me now. I rarely do it and only do it when I really want or need something. You might considering trading for your business, it can be a way to buy something when there is no cash handy.