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Can You Give Honest Reviews?: New Regulations for Bloggers Doing Product Reviews

Product ReviewsOn Monday, October 5th, The Federal Trade Commission implemented a new policy that would make product information and online reviews more accurate for consumers, regulating blogging for the first time and mandating that reviews and testimonials reflect actual results.

The FTC will now require that writers on the Web clearly disclose any gifts or payments they may receive from companies for reviewing their products and also states that advertisers featuring testimonials that claim dramatic results cannot hide behind disclaimers that the results are not typical.

The final guidelines were approved with an overwhelming vote of 4-0 by the FTC Commissioners which are not binding law, but rather interpretations of law that they hope will help advertisers comply to regulations. Violating the rules, which take effect December 1, 2009 could result in various sanctions including a lawsuit.

The Reviews and Testimonials have to explain exactly what consumers should expect to experience if they were to purchase the product. Previously, companies had just included disclaimers when results were out of the ordinary — such as a large weight loss — noting that the experience was not typical for all customers.

Results not Typical

Bloggers have long praised or criticized products and services online, but what most consumers don’t know is that many companies pay reviewers for their write-ups or give them free products such as toys or computers or trips to Disneyland, contrary to traditional journalism outlets, in which products that are borrowed for reviews usually have to be returned.

Company and product reviews and testimonials can be effective for consumers who are in the shopping stage since they show other consumers sharing their experiences with a potential product that they would like to purchase, giving the consumer the idea that they will have a similar experience. But they are misleading to consumers if they don’t disclose what they should truly expect to experience.

blogger

Not only will consumers now have more accurate reviews, companies will have more honest reviews of their products which will help them make any necessary changes to improve the product. There are a few question that I have now that they have changed the policy, as bloggers, Do you think bloggers who were just in it for the products or the money stop blogging now that they have to report what gifts they are receiving and  the new regulations are in place? Will these new regulations be enforced? Will bloggers report the correct information on the type of gifts and money they receive?

Popularity: 5% [?]

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How to Remember Names During Networking Events

Name TagHave you ever ran into someone that you know and their name is right on the tip of your tongue or you see someone and just can’t place where you might know them from. Then you have that awkward moment where you are stumbling trying not to mention the persons name because you are too embarrassed to ask them their name especially if they have already greeted you formally with first and last name.

I have come across plenty of individuals who have this issue especially when networking. Many individuals by the next day or even within the next hour have forgotten most of the names and faces associated with the cards that they have collected for the night. Fact is we have all been there before and felt quite ashamed when someone remembers us and we cannot reciprocate it. I have found a wonderful article on eHow.com on how to remember names and associate it with certain attributes of the person so that you will never forget them.

I hope the following information is as helpful to you as it has been to me, Enjoy.

The most important step in professional or social networking is to remember the names of the people you meet. That can be difficult to do, especially if you meeting numerous people at the same time. The following steps will help you improve your memory and provide memorization techniques to help you remember people’s names. By doing so, you will make a connection with them, and they will remember you!

  1. If you want to improve your ability to remember names, when first introduced to a person, make sure you find out what their name is. If they don’t offer their name, ask them for it. When they tell you, repeat their name back to them by saying something like “Nice to meet you, Susan.”
  2. Ask for a business card, and closely read the name, while taking in the details of the business card. This is an example of a visual memorization technique and is particularly helpful for uncommon or difficult to pronounce names. The logo on the card will provide a visual association with the person’s name.
  3. While in a conversation with that person, consciously use their name 2 or 3 more times when talking to them. For example, “What projects are you working on, Tom?” or “So, Sarah, where did you go to school?”
  4. Focus on a particular physical trait of that person, and consciously connect the name to that trait. Say to yourself, “Dan with the mustache.”, “Sarah with the curly hair”,”Dave with the red rimmed glasses”.

Below is a video that addresses how to remember names during an introduction and exhibits some of the tips above:

Remember these Key Tips and Warnings:

  1. Repetition is key if you want to get better at remembering people’s names. So whether in conversation or just internally, use that person’s name multiple times to enforce the connection between the person and the name.
  2. If you forget the name, you can ask the person again a little later. Although not ideal, this is the only chance you’ll have where it will be acceptable to tell the person you don’t remember.

Source : eHow

Popularity: 9% [?]

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Managing Your Career as a Business By JAMES FLANIGAN

Janice Bryant Howroyd of Act 1 Personnel Services
Janice Bryant Howroyd of Act 1 Personnel Services says employees should identify themselves with the job, not the company

EMPLOYMENT experts have some advice for the many Americans either looking for work or fearing they soon will be: Consider yourself an entrepreneur — of your own working life.

The term entrepreneur is usually applied to people seeking to start their own small businesses. But those in the recruitment and employment industry say the uncertainty in the current economy means that workers need to think of their careers as their own small businesses.

“The lesson of today is that you’re working for yourself,” said Janice Bryant Howroyd, the founder and chief executive of Act 1 Personnel Services, a staffing and employment company. “Most people say they’re giving their lives to the company, but it’s more of a cooperative process. Companies have tasks to perform and you must put in your best effort and identify yourself with that job,” she said.

Employment experts say they see a complex picture of changing job patterns as employers respond to hard times, global competition and fresh opportunities. So as companies and organizations are forced to be more innovative, they say, so must employees.

Jim Jonassen, head of Jim Jonassen & Associates Venture Search, noted the explosion of online employment sites and social media that have transformed the marketplace in recent years. “You used to be scared your boss would see your résumé on Monster.com,” he said. “But today your boss’s résumé is on LinkedIn along with your own.”

Ms. Howroyd is an entrepreneur in the traditional sense. She said she left Tarboro, N.C., in 1976 to work for a brother-in-law’s talent agency in Los Angeles and two years later started her own small employment firm. At the beginning, she said, she played off the fact that “I was a minority-owned business in two ways, as an African-American and a woman.”

Through the years, Act 1 has grown past its original role as an employment agency. One division, Agile 1, for instance, supplies and, in some cases, employs people for other businesses. One of its clients is MetLife, the giant insurance company. Jeffrey Hebert, strategic sourcing consultant at MetLife, explained: “An operation may need a new person but not have the budget to hire this year. So we get somebody from an agency like Act 1, which handles that individual’s payroll and benefits.”

While flexibility helps businesses, it means that workers are not insulated from hard times and insecurity.

Mr. Jonassen, who has founded half a dozen software and personnel companies over two decades, said he and his latest firm suffered a dry period starting in the fall of 2008 when the high-technology start-ups that he recruits for stopped hiring and began laying off people. “The venture capital outfits that backed them had ordered these entrepreneurs to stop following their visionary plans and cut back to where they could make a small profit, by doing research for others in digital technology and other routine work,” Mr. Jonassen said.

But, he said, “In July of this year, demand picked up for computer and mobile phone applications, and these entrepreneurs found they had cut too much.” Now, he said, they are scrambling to hire skilled people, and his recruiting business is thriving.

Joy Chen followed her own entrepreneurial career path. Ms. Chen, with a master’s degree in business administration from the Anderson School of Management at the University of California, Los Angeles, had been a deputy mayor of Los Angeles and then went to work for Heidrick & Struggles, the management search firm. She left to start her own recruiting firm, Chen Partners in 2007, just as the economy started to slow. Business was initially scarce, she said. “Many employers were even then hunkering down.”

Then this year, Ms. Chen said, things changed. “Many companies noticed that after all the layoffs and uncertainty, skilled people were available at lower salary demands than in former years. And now business is very active.” The lesson of the economy’s ups and downs, she said, is that workers cannot let hard times or lower pay discourage them. “It’s a change in the market, not a depreciation of who you are as a person.”

Ms. Howroyd, whose Act 1 Group has grown in recent years as businesses have experimented with assembling staffs from a mix of full- and part-time employees, said she had noticed the same increase in demand. “We are growing this year,” Ms. Howroyd said, because “employers now recognize that they must decide how best to manage staffing, whether with independent contractors, temporary or full-time employees.”

Ms. Howroyd said temporary work used to be seen as a dead end but that that was not necessarily true anymore. “In the recent market, we see companies taking people on temporarily or as contract workers who could become full time when conditions improve,” she said. “It’s more flexible today and that’s smart, rather than hiring people on and then letting them go.”

Caris Diagnostics of Phoenix, which is also a client of Act 1, is a molecular testing company that employs cell biologists and skilled lab technicians. It does not routinely hire short-term help but occasionally needs to fulfill a special project, said Wendy Brown, the company’s human resources manager. “So we contract for as many as 40 scientists for limited periods.”

Scientists working as contract labor, part time, as needed — the old model of permanent positions and fixed employment has changed profoundly.

And workplaces will continue to do so, Mr. Jonassen predicted, because “recessions like this spawn entrepreneurs.” In the downturn of aerospace-defense industries in the early ’90s, he recalled, “many people had to rethink careers and become entrepreneurs.” Today, because companies can be formed cheaply thanks to cloud computing and mobile communications, he said, “I think we’ll see a new surge of entrepreneurs.”

Source: NYTimes

Popularity: 4% [?]

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Three Best Ways to Improve Your Online Reputation by Raymund Flandez

online reputation

These days, a great danger lurks just a few clicks away: the online review. By Googling your company’s name, anyone can read and track your business’s performance – including missteps, poor service or less-than-stellar products.

Protecting your company’s reputation is now a 24-hour vigil. Negative reviews – whether they’re merited or not – can turn away potential customers and vendors, and reflect badly on your company’s brand.

The good news is that small-business owners can be proactive in securing positive reviews by asking satisfied customers to share their experiences. But what if it’s already too late?

Here are the three best ways to improve your online reputation:

1. Reach out immediately to dissatisfied reviewers. – Their negative comments don’t need to be the end of the conversation. Small-business owners should attempt a dialogue, experts say, as complainers might improve the review or take down the post. Oguz Ucanlar, president of SpaForever LLC in Chicago, managed to turn around bad reviews on Yelp.com by contacting the aggrieved posters. He apologized, explained the situation and offered the reviewers discounts or a free massage. The result? One bad review was deleted, and the spa’s overall rating went up. “I take it really seriously,” he says. It also helps that Yelp now allows business owners to respond publicly to any customer comment, giving others a window into how the business treats its most finicky customers.

When a bad review surfaces, an apology goes a long way, says Lisa Barone, co-founder of Outspoken Media Inc., a Spring Hill, Fla., Internet marketing company. “Most people just want to be heard,” she says. “They just want to know you’re listening and you care, and that you’re going to try and fix it.”

Keep in mind that a negative review can sometimes be helpful. Case in point: an online customer of Nationwide Candy LLC of Albuquerque, N.M., complained after she received the wrong bubblegum product. Turns out, the candy wholesaler had posted an incorrect image on its site. “It just casted a bad image on us,” says Ken Hanson, its general manager, who immediately corrected the error.

2. Flood search engines with content you can control. – Use digital media’s reach to your full advantage, says Evan Bailyn, founder of First Page Sage LLC, a New York search engine optimization company. Mr. Bailyn says he often helps clients put “good publicity on top to knock bad publicity off the first page” of search engine results. To do that, he suggests releasing press releases through prnewswire.com or pr.com and building Twitter, Facebook and YouTube accounts since these social-media sites show up high on search results. “The overall strategy is inundating the Google results with as much good or neutral content as possible so that the bad seems like an anomaly,” Mr. Bailyn says.

3. Appeal to bloggers to review your company or your product. – Getting others to weigh in can be an effective way to generate neutral or positive reviews to counteract negative ones. Influential bloggers in your niche market can bring instant credibility to a company. If you already know bloggers in your industry, read or reach others by simply scanning their blogrolls, a handy list (typically placed in the sidebar) of potential contacts. Alert them to news about your product or service as a first step in building the relationship.

While it’s controversial, some business owners say they’ve improved their reputations through sponsored blog posts. Netfirms Inc., a Web-hosting company in Markham, Ontario, is paying $10,000 to SocialSpark.com, a marketplace for paid reviewers, and to about 60 bloggers to write 200-word reviews of its new Twitter service. “The more positive feedback that we can have, the better,” says Dan Feferman, its product specialist and community manager. Other sites to consider are PayPerPost.com, SponsoredReviews.com and ReviewMe.com, Mr. Bailyn says. Costs can range from $15 to $150 per posting. While some business owners liken sponsored posts to traditional ads, keep in mind you could turn off potential customers. To prevent that, make sure the blog post contains a disclosure that it’s a paid or sponsored review.

Source: WSJ

Popularity: 28% [?]

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TalkisCheep.com Introduces: Exclusively Yours Interiors

Tiaa Allen founded Exclusively Yours Interiors LLC in 2008. Exclusively Yours Interiors LLC, philosophy is simple: “YOUR SPACE, YOUR STYLE” and Tiaa strives to help clients define their own personal style. Exclusively Yours Interiors believes not only should your home be functional according to your lifestyle, it should be beautiful and more importantly timeless. This goal is achieved by collaborating with clients from conception to completion of the design project. In the end, you will have a space that is EXCLUSIVELY YOURS.

I began speaking with Tiaa some months ago via Twitter’s Social Networking for Business Women’s tweetchats. I had expressed that I recently moved into a new apartment and needed some guidance because I had no idea where to begin my designing. I had the opportunity to actually have Tiaa come and do a complimentary consultation at my apartment and the feedback was great hopefully I will be able to show the end results soon.

So I was glad to learn more about Exclusively Yours Interiors from Tiaa and how she started out. TalkisCheep would like for you all to get to know Tiaa as well……Here is what she had to say about Exclusively Yours Interiors.

Tiaa Allen, Owner of Exclusively Yours Interiors

Tiaa Allen, Owner of Exclusively Yours Interiors

Talk is Cheep: Why did you start Exclusively Yours Interiors?

Tiaa Allen: I have had a passion for interior design for many years. At the time, I did not believe I could make a career transition so far into my life. After numerous requests from family and friends to decorate their homes and reading “The Secret”, I realized I had to pursue my passion in interior design. I enrolled in the Sheffield School of Interior Design and Exclusively Yours Interiors was born.

Talk is Cheep: How did you come up with the concept and name for the company?

Tiaa Allen: Exclusively Yours Interiors design philosophy is “Your Space, Your Style.” My concept is to help clients define their personal style. Once defined, I create a space that’s not only functional, but works with their lifestyle and budget.

The name of my company came to me in a dream. Immediately, I jumped out of bed and wrote it down. I believe the name of my company is a perfect fit to my design concept.

Talk is Cheep: How has the recession affected your business?

Tiaa Allen: Actually, I started my business in a recession. For my business to be less than a year old, I am doing very well.

During this recession have you had to create any innovative products or services that reflect the times such as Complimentary Design Consultations or offer free interior design tips?

In the past, I have given discounts to my clients because I was just starting my business. The only free tips I offer are through my blog. I believe everyone should be compensated for the use of their time and expertise. Similar to how a person expects to be paid in corporate America. I do not believe this should be any different.

Talk is Cheep: What differentiates you from other interior designers and Exclusively Yours Interiors from other companies?

Tiaa Allen: What differentiates me from other designers is not only do I have an interior design background, I have over 12 years business experience. Only a small piece of interior design is actually designing. Most of my day-to-day work is business related. Having an unique combination of interior design and business puts me on the competitive edge of the interior design industry.

Talk is Cheep: How are you promoting your business?

Tiaa Allen: Most of my business is promoted through word of mouth. Other ways include: my blog, twitter, facebook, linkedin, being a member of networking organizations etc.

Talk is Cheep: What advice would you give other individuals who are trying to break into the Interior Design Industry?

Tiaa Allen: My advice is for everyone. Find something that you are passionate about and make money doing it for a living. Life is too short to hate waking up every morning to go to a 9 to 5 “JOB” that is not fulfilling. Do your research in the field, set goals, and take action. Believe in yourself and have faith. If you believe in yourself, you will attract others to believe in you too.

Talk is Cheep: Are there any dreams that you haven’t achieved yet?

Tiaa Allen: Definitely, I just started my business so I have ways to go. In the near future, I plan to branch into other areas.

To Learn More about Tiaa Allen and Exclusively Yours Interiors visit www.eyinteriors.com

Follow her Tiaa Allen and Exclusively Yours Interiors on Twitter @eyinteriors

Popularity: 33% [?]

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Ready to Leave your Job Behind and Become your Own Boss? How to Get on the Road to Success

Road to SuccessWhile Visiting the We Walk the Road to Success Page on Facebook I came across some great tips on what to do if you ever decide to leave your job to start your own business. It takes a certain kind of person to make it through the first few years and to help you along the We Walk the Road to Success Group put together the best tips for it’s members to help provide people with years’ of experience in running their own businesses.

    1. Don’t work for less than you can afford to, but do offer a discount to customers or clients who sign contracts with you.

    2. Find people who will refer jobs to you. If they send you nightmare jobs, make sure they’re balanced out with rewarding (profitable!) ones.

    3. Surround yourself with supportive people and don’t be discouraged by anyone. If your idea is good and you’re determined to stick with it through the first few difficult years, your chances of success are great.

    4. Be flexible in your thinking. Prepare to change the way you work, the products you use and the services you offer, in order to meet the demands of your customers.

    5. Admit your mistakes, correct them and carry on.(For example, if you purchase a piece of equipment that does not meet your expectations, send it back, sell it or exchange it!)

    6. Develop a good relationship with your bank manager and creditors. Show a genuine interest in solving problems. Pay as much as you can afford to, to everyone to whom you owe money.

    7. Get trained! You’ll be spending a lot of time doing things that have nothing to do with your area of expertise, like bookkeeping, marketing, and IT support!

    8. Avoid isolation. Even if you work closely with your clients, you won’t be part of a gang anymore. Develop your own network of entrepreneurs that you see regularly and bounce ideas off. Ideally they’ll allow you to vent your anger and share your successes.

    9. Separate your work and personal life. Set your working hours and stick to a strict timetable. When you’re not available to clients, leave a message on your answer machine letting them know when they can expect a reply from you. Let them know how to reach you in an emergency.

    10. Plan some ‘thinking time’ into every day. If you pack your diary with back-to-back activities, your business will never grow.

    11. Plan time to do something you enjoy at least a few times a week – recharge your batteries!

    12. Write a business plan so you’re clear about what you’re doing, and update it every year.

    13. Develop an excellent telephone manner and react quickly to any complaints or problems.

    14. Confirm orders personally and immediately, especially those you receive on email.

    15. Never lose sight of the big picture – look for innovative, little-explored directions in which to take your business.

    16. When you find someone cleverer than you, employ them!

    17. Solicit advice from people who know, for example, other entrepreneurs and reputable small business advisers – the DTI offers lots of information and support for new businesses.

    18. Don’t enter a business or a venture that you know nothing about. You’ll be running to catch up for the rest of your business life.

    19. Have an existing, loyal customer base and start locally.

    20. Be aware that you will get through any initial investment quickly, so ensure you are covered financially until at least the end of the second year.

    21. Focus on a specific goal and work at it until it’s achieved

    22. Never worry about how to get things done when you are first developing your idea.Money and resources will come together once you have set your goals and begun to work at them.

    23. Make quality in every aspect of your business your primary focus and aim. If it isn’t, you will eventually go out of business.

    24. Use the Internet. Use email. Build a website (if you aren’t familiar with websites, try HTML for Dummies), send out email newsletters, buy online banner advertisements and register your site with all the major search engines.

    25. Delegate. You might have to hire a good PA, lawyer, or marketing professional to ensure you’ll be profitable in the future

There are just a few of the tips that will be useful when starting your own business. Visit the We Walk the Road to Success Page on Facebook Today for more tips like these.

Popularity: 36% [?]

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TalkisCheep.com Introduces: CreatedbyFortune.com

CBFHomepag

Createdbyfortune.com was established in 2009 by a creative designer named Melissa Fortune. I had the honor of meeting Melissa through a mutual friend a couple of years ago and it was always apparent how passionate she is about her work and fashion. Her vision was to bring highly coveted and unique fashion pieces to the Fashionista’s of the world who are looking for creative staple pieces to add to their wardrobe. Melissa states that the Fortune signature style can be described as a rebel with a feminine twist, so whether your style is dirty, grungy or pretty there is always something uniquely special for you here.

For the few years that I have known Melissa she has always had a unique style of Fashion and a fervor towards her craft and her creations and I am ecstatic that she has a chance to share it with the world through CreatedByFortune.com.

TalkisCheep would like for you all to get to know Melissa  (Pictured Below) as well……Here is what she had to say about CreatedbyFortune.com

Melissa Fortune

Talk is Cheep: Why did you start CreatedbyFortune.com?

Created by Fortune:I started my own business because I was tired of working in an industry where all my time and energy was being put into someone else’s vision and pockets. I also felt so limited as a creative artist, you don’t get to be as creative when your working for someone else.

Talk is Cheep: How did you come up with the concept and name for the company?

Created by Fortune:I never wanted a traditional fashion line. I always wanted to own a lifestyle brand that catered to a specific customer looking for that special statement piece. I spent 3 days thinking of different names for my company and after many suggestions from my friends, I came up with “Created by Fortune”.

Talk is Cheep: How has the recession affected your business?

Created by Fortune: I actually launched my business during the recession, lol. The recession has made me more conscience of the money that is coming out of my business and also more creative in a sense that I want my items to be unique and affordable. I want people to be able to shop regardless of their wallet size.

Talk is Cheep: During this recession have you had to create any innovative products or services that reflect the times such as Inexpensive Clothing or offer free fashion tips?

Created by Fortune: No, my site carries both inexpensive and expensive items. Please also note that the expensive items are of high quality, I want my customers to get what they paid for.

Talk is Cheep: What differentiates you from other designers and CreatedbyFortune.com from other companies?

Created by Fortune:What makes my brand different is that fact that all my items are special and I offer custom made pieces. There is also something for everyone on my site.

Talk is Cheep: How are you promoting your business?

Created by Fortune: Right now I’m promoting on popular networking sites such as twitter and facebook. I also have running ads on google and facebook.
I also working on collaborating with bloggers and maybe doing free giveaways on their sites.

Talk is Cheep: What advice would you give other individuals who are trying to break into the fashion industry?

Created by Fortune: It can get really tough but keep on pushing and never give up. When one door closes another will open up.

Talk is Cheep: Are there any dreams that you haven’t achieved yet?

Created by Fortune: I haven’t reached my goal with my company yet because it’s so new. So I’m still working towards being successful and financially independent.

Visit CreatedbyFortune.com Today!

Popularity: 100% [?]

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I Knew the Recession was Serious When……. Tell Tale Signs the Company you Work for is Suffering Financially

Recession
Since the announcement of the economic downturn everyone has been on edge on whether they are going to cut people, services, special perks or eliminating departments or positions all together.

At my current company we had some lay offs here and there, lost some clients, had some people move on to other companies and so forth, but now I am starting to notice other little changes that are starting to be made to cut back and save money. You may laugh at some of the minor things that I began to notice that the company cutback on but these were Tell Tale signs to me that the company was going through major changes.

Now one of the perks of my job was that we receive free breakfast every morning which consisted of fresh bagels, muffins, cereal, yogurt, cereal bars, hot chocolate, assorted teas and more. I was very happy with this perk because I didn’t have to scramble for breakfast every morning because I knew it would always be there waiting for me. I began to notice that the bagels and muffins were not as fresh everyday and where being frozen and put back out for the next day. I knew the recession was serious when we switched to generic brand products the kitchen was full of them. The yogurt and cereal bars were no longer in the kitchen, the Frosted Flakes, Raisin Bran, and Celestial Seasonings were now American Choice Frosted Flakes, Raisin Brand and the tea was now a generic store brand as well.

This was just the beginning of the cutbacks that I began to see. I began to take notice to more and more things and I began to notice that even the building owners began to cut back on certain amenities as well. The other day I went to use the bathroom and I took notice to the tissue paper and the quality of it, it seems as if they no longer were using two ply and went down to 1 ply. I knew the recession was serious when I had to now double up on the 1 ply to make it 2 which is a waste because now I am using double the tissue paper I was using before.

I also noticed that the cleaning people do not take the garbage bag when they dump the garbage instead they just dump the garbage out and leave the old bag there, the only way I can get them to take the bag is if I tie it up. I knew the recession was serious when I had to throw my lunch in the kitchen garbage to keep the flies from circling my desk and the scent of old turkey sandwiches away.

One of the biggest things that was missing this year was our annual off-site where everyone from the company meets up, gets to know each other and just takes a day to relax with each other. I knew the recessions was serious especially when we didn’t have our yearly outing my fingers are crossed that we will be able to have a Holiday party at the end of the year.

But I on a different not this recession is really serious, many individuals are losing their jobs, homes and families due to it and I just wanted to put a spin to it to give everyone a good laugh.

Do remember that TalkisCheep.com is here to help any individuals who are struggling during this recession by offering free advertising on the blog as well as a free entry into the online directory which is still a work in progress.

Popularity: 77% [?]

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Course 2: Reinventing Your Business in Turbulent Times

This is the 2nd course from Black Enterprise’s Small Business University Online Courses. Small Business University Instructor and President of Velvet Suite Marketing Group Melissa Dawn Johnson guides you on how to define the steps needed to decide what’s next for your business and ultimately succeeding during these troubling times. (Source)

Melissa goes into detail on how to reinvent your business and your brand during a recession. The class is not only for individuals who already have a business but can be useful for individuals who are in the process of starting their business and also individuals who have been laid off and are looking to reinvent themselves during these challenging times.

She talks about simple steps on how to reinvent oneself and business through realizing creativity when there is scarcity in the market, redefining the rules, and prioritizing your time, resources and investments. During times like these when corporations are losing money they are trying to figure out how they can improve work flow, utilize the resources they already have and how to protect their investment from going under in a failing economy and you should be doing the same.

Many individuals who have lost jobs recently are tapping into their resources, and realizing that there is room in this economy to start their own businesses because they have figured out things that are still missing that have not been done yet by using the scarcity as a fuel for their creativity. Creativity is formed when there is a lack of resources and right now in this economy their is a lack of resources and we need to find innovative ways to survive this recession by reinventing and embracing the change that is currently happening around us.

Once you have figured out how you are going to reinvent your business you must set Goals, Perspective and Strategy, your road map or GPS to help guide you through the process of reinventing yourself during this recession. You must think about your Goals at all times, Where do you see your business going? Who will you be serving? How will you deliver your product or service to your consumer and how will you reinvent? Your Perspective is about the change you want to see happening with your business, How will it change your community as a result of your efforts? Who will be touched? How will lives be changed? Strategy is the how? How are you going to do it? What steps are you going to take? Who will be accountable? How will you put steps in place to complete your Goals?

So when preparing to start your own business or reinventing your current business structure follow these simple steps:

    1. Identify how you want to reinvent your brand by finding scarcity in the market
    2. Once you have identified the scarcity in the market use that scarcity as fuel for your creativity
    3. Redefine the rules, your creative idea maybe a reinvention of something that already exist, redefine the rules to create a new and innovative idea
    4. Set Your Goals, Where do you see your business going?
    5. Gain Perspective – How will your business goals change as a result of your efforts?
    6. Plan out Your Strategy – How are you going to complete your goals? What steps are you going to take to reach your ultimate goal?

I have already begun taking these steps with developing TalkisCheep.com, I saw a need for a Social Business Directory for online businesses, something that I realized no one else was doing (Using Scarcity as a Fuel for Creativity). Creating a directory that is different from your traditional business directory that allows users to have direct contact with the online business directly through the site creating an intimate relationship thus building stronger branding for up and coming entrepreneurs who are using websites as their only form of business (Redefining the rules, Perspective, Goal setting).

I am currently in the process of creating a strategy to reach my ultimate goal and this course definitely provided me with new perspective, new goals, and fresh ideas and fuel for creativity.

To Learn More on how to be innovative in these turbulent times Join the Black Enterprise Partnered with Lincoln Small Business University and begin the online course for The Art of Reinvention in Turbulent Times

To Learn More about Melissa Dawn Johnson and her branding brilliance Visit Brand Me Live

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5 Keys to Grow Your Business in 90 Days

Black Enterprise Lincoln Small Business University Courses

I recently joined Black Enterprises Lincoln Small Business University which is an online course through Black Enterprise and Lincoln Motors that provides free business courses for aspiring business owners looking to jump start their venture, or an established entrepreneur looking to energize their brand.

Andrew Morrison Small Business University expert and founder of the Small Business Camp, discusses strategies on growing ANY business idea within 3 months. Below is a synopsis of the material discussed in the class.

Step 1. Take Inventory – Re-examine your under performing assets – There is something that you already have that you can turn into a successful business, Andrew speaks about under performing assets and they exist in 3 areas

A. Networking - who do you know, and who do you know that may know someone else

B. Your Results – what are some of your past results  whether they be good or bad reflect upon them and use them to your advantage

C. Your Resources- examine your resources tangible or not and see how you can turn it into cash

2. Listen Carefully for Opportunity - Connect your experiences and past results to a larger running story in the news or any form of media – There is opportunity that is presented to you on a daily basis but you don’t see them at times…Pick up the Newspaper everyday and look at the trends and look at the running stories and see how you can attach your business to that story

3. Develop a Business Model – What is  your business model? How will you make money? The Key to a business model is to have more additions then subtractions. You need to figure out what your business model is and how you will make it successful.

4. Build a Team - It takes teamwork to make the dream work. Even if you don’t have money you can build a team by sending an email to all of your friends, colleagues, clients, perspective clients, etc. by telling them what you are trying to create also who needs to show up to fulfill the needs of the company.

5. Create something in 90 days – Focus on a Project give yourself a deadline to your projects so that you are focused on one thing and once you have completed the project you can move on to the next project.

I thought this class was very informative I cannot wait until next weeks session to see what the next topic will be.

To learn more about the Lincoln Small Business University free online business classes and to view the online courses that they offer please go to Lincoln Small Business University website and register today.

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