What’s Trending in 2015?

Hello!

It’s the last day of the year 2014 and we hope it was a good year for you! It’s been an interesting year for us here at Social Pandora as we added more clients to our portfolio, added more team members and experimented with the technological trends of 2014. So as we say goodbye to another year and welcome 2015, our team collectively worked on this post to bring you our top trends for 2015 across various fields. Targeting various interests as we notice how big of a year 2015 will be!

2014 saw a boom of apps, health food trends and color schemes, so too will 2015 with some additions of course 😉

Web Trends for 2015:

  1. It’s all about the Mobile: According to Google’s survey, 48% of users said that if a site didn’t work well on their smart phone, it made them feel like the company didn’t care about their business enough and therefore they weren’t interested in shopping from them. Also 90% of people use multiple devices at once so it is wiser for you to get your website optimized for mobiles and tablets, and make them better than the desktop version.
  2. Get your Crawler Errors fixed! Google increases the rankings of your site if it is without any errors. Crawler errors will prevent users to get to your site and bring your traffic to an all-time low. So get those errors fixed and watch up to 5% increase in your traffic!
  3. Parallax Scrolling: Readers of your posts seem to enjoy parallax scrolling as it gives them the illusion of depth and movement, which increases user engagement. Parallax scrolling is difficult to pull off but if done right – you can add layers of images to get a 3D effect, think of products selling at its best!
  4. Infinite Scrolling: The more you use your touch screen devices, you do more scrolling than clicking! So incorporating this into your web design technique loads content little by little and keeps adding additional content as you read. Your readers will find that the page does not load as slowly anymore and users can read in small segments at a time!
  5. M-Learning- Mobile Learning makes use of the device to make payments, deliver content in bite sized chunks ensuring user’s recall ability. M-payments facilitate novel methods to share and split costs for both products and services. Also known as fair splitting– ‘Audi Unite’ in October 2014 enables customers in Sweden to share a car in private network of 5 users. The app allows users to view location and availability and can access it using a smart key fob. And as per the agreement, drivers are charged either a usage base fee or monthly fixed fee.
  6. Step into the fast lane! : More consumers are pressed for time and expect companies or brands they buy from to provide a fast lane to beat waiting times. While it can’t be done for all services or situations, it works in your favor as you get more customers to stop by; move from the ‘slow’ to the fast lane; finish up and go. Something like fast food restaurants getting quick table turnarounds. Notable example: Include Starbucks with their ‘Order Ahead’ function, Pizza hut and Taco bell.
  7. Internet of things: 4.9 billion connecting things will be in use in 2015 and businesses will need to spend time and money on designing, implementing and operating the internet of things. As more devises become connected, new ways of delivering value from them will be the big thing in the coming months.
  8. Gamification: Applying game mechanics and design techniques to engage and motivate your audience. Learners recall only 10% of what they read and 20% of what they hear. If visuals accompany any presentation or interactive content, users tend to remember them. Storytelling with more visuals than text increases the ability to communicate with your audience quicker.

Color Trends for 2015:

The next year is all about the cool blues and greens- shades of olive green, bright oranges and cobalt blues make for a colorful & chic palette. Grey is the perfect neutral backdrop and can be brightened up with a palette of Mediterranean blue and green with some orange. Renaissance inspired patterns and textures are the pick for the spring and summer of 2015. Choose from a range of olive and bottle greens to make your home feel warm, look earthy and organic and pair it with a gray neutral or go bold with pink and orange for a vivid outlook.

Fitness and Health Food trends for 2015:

As more people join the health foods bandwagon; it’s hard to keep up with the trends! From goji berry to acai berry to chia seeds and the more recent Garcinia cambogia it can be very confusing while shopping! From quinoa to millets, the attention has now moved to Teff- A grass cultivated in Ethiopia. It is high in calcium, iron, fiber and protein and has a sweet taste to it.Tastes great as a side dish or a baked main dish.

More greens like kale, Beet greens or beet spinach is the next big thing. Tastes good in smoothies, soups or as a salad. You can even bake them for a salty snack. Grass fed dairy and meat– Meat and dairy from livestock whose diets are limited to grass fed legumes. They are rich in Omega 3 fatty acids and are great if you’re looking for a healthier alternative. Nut based butters and cheeses are a sure fire way to lower calories while keeping your taste buds in check. Made from almonds, macadamia nuts- milk, cheese and butters are made the traditional way and they taste great! They are the perfect snack while also boosting your vitamin E and B12 intake.

The fitness trends to look out for are:

  1. Aerial Hammock Yoga– made famous by Pink and Vanessa Hudgens and the cirque du soleil this workout is great to improve flexibility, stay active and get lots of cardio in.
  2. POUND: From Zumba , dance workouts have moved on to something called POUND which incorporates sticks called ripsticks to give a full body workout that is fun, and dynamic.
  3. PILOXING: Pilates and Boxing have joined forces to bring you a workout that is both fun and works on your stability and balance to give you a leaner, toned look.

Some great alternatives to HIIT and Tabata training eh!

Video trends for 2015

  1. Keep the content short: Maximum impact in minimum time.
  2. Make videos interactive: Like customizable story-lines, combining games, music with ads.
  3. Humanizing your brand: Videos are the best way to create deeper relationships with the audience. So creating 60 second videos with a strong message is the next hot thing in 2015.
  4. Use homepage videos, web chat to interact with your customers and increase conversation.
  5. Create video tutorials or how-to’s to educate and inform your audience.
  6. Incorporate some humor: Using humor and easy-to-digest information in formal presentations to target a wider audience.
  7. Make use of mobile video ads

Social Media and Digital Media trends in 2015:

  1. SEO will be for more focused on technical elements and be a valuable part of content marketing.
  2. Mobile ads: It is estimated that 40% of all paid traffic will come from mobile in 2015.
  3. Sites that aren’t optimized for mobile SEO will fail: Google has been penalizing sites that generate errors for mobile users. So remove all the errors and optimize your mobile website.
  4. Using more long tail keyword searches for mobile as mobile users devour information differently from desktop users.
  5. Link Building: Google’s Penguin algorithm ensures good quality content and links are earned rather than being manipulated.
  6. Google’s Pigeon algorithm enables data to be more useful, relevant and local.
  7. Wearable Technology: This could change the web design and SEO industry completely and it is exciting to see what is in store!
  8. 8. Brand Mentions will be as powerful as links: With Google penalizing manipulated links, Google is placing more emphasis on brand mentions for achieving higher search rankings.
  9. 9. Move from G+: After Google Authorship was killed due to low user rates, people may not be using Google+ as much and Google may put more emphasis on Facebook and Twitter to gain social signals.
  10.  Instagram is best for image marketing
  11. Twitter’s new business model will provide better ROI: When compared to Facebook, Twitter promises to give better ROI on ads as Facebook is touted to increase their ad spending for consumers wanting to grow their business.
  12. 3D Printing: To create personalized brands and product offerings.

Design Trends:

  1. Flat Design: Flat design gives websites a clean and polished look, open space, crisp edges, works seamlessly with responsive design and has quicker load times.
  2. Typography: More flat fonts, billboard inspired fonts that are similar to handwriting and is clearer and sharper to read. The logo, titles, fonts and links should fit the company’s style and set the mood and tone for the website. It all brings the text to life!
  3. Use Bigger, richer images: Create eye catching blog graphics, beautiful photography that convey good information.
  4. Wearables: Wearable technology as we mentioned earlier will blend the smart phone and your watch to create a statement while also having data at your finger tips!

So there you have it, an exhaustive list of trends in the year 2015 across various categories!

Have we missed anything out? Have you used any or all? What do you think will be trending in the new year?

Let us know!

-Social Pandora

 

 

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Gaining a Competitive advantage with Cloud Computing

 

Gaining an advantage with Cloud Computing

 

Cloud Computing is spoken about everywhere and movies are being made about it, small, medium and large businesses have embraced it and quite frankly it’s difficult to imagine using apps or technology without it! After cloud computing has been introduced, companies have reduced their costs, increased flexibility and capacity.

 

As an entrepreneur, you will look to maximize your IT return on investment as well as increase your company’s functionality. Companies have to process large amounts of data and the system you use needs to be reliable, economical and more importantly secure. That’s why more and more companies are choosing cloud computing to meet those demands.

 

What is cloud computing?

 

Essentially, cloud computing is a kind of computing which is hosted online via the Internet. Cloud computing has many different services. A cloud server can host Websites. All forms of data, emails and communication software can also be hosted within the cloud.

 

How can you as an entrepreneur use cloud computing?

 

Before you start using the cloud, you will need to make a few changes to  your company in terms of resources as well as strategy. There will need to be changes in the IT structure, information security, decisions on how and where the data will be stored, integrating the front and back end. After getting the environment ready, here’s how using the cloud can help your business.

Cloud Computing as an Entrepreneur

 

 

  1. Reduce your staffing requirements for IT: Cloud computing can save your business heaps of money by doing the services in house, reduced costs by external servers, plus you can use tools to help streamline productivity and reduce energy consumption costs.
  2. No physical equipment to maintain: cloud computing is not physical, therefore it makes things flexible and adjustable to the needs and size of your organization. The bandwidth can also be met because of the huge capacity of the cloud’s remote servers.
  3. Have more time to run your business: All entrepreneurs will tell you how long their days are and what even an hour or two worth of time will mean to them. Cloud computing can do just that. Instead of purchasing and installing expensive software yourself, your cloud service provider can do this for you in addition to scaling the operation structure leaving more time for you to run your business.
  4. Create and collaborate: Who doesn’t love a virtual team? If your team is working on a project and cant all be in the same location, you can use cloud computing to give access to the project for all or some of your employers. External contractors, vendors, suppliers can all have access to the same file too! Imagine saving on travel and time!
  5. Backup, file storage and sharing: As much as we love hoarding hard disk’s worth of data, why not store them in the cloud? You can access your files at anytime from any location using any computer. Dropbox is widely used by people and businesses alike to store their files and backup their data. So if any of your hard disks or computer were to crash. You’d have a back up ready to go!
  6. CRM at it’s best! Customers are our single most important element in a business and  we take time and effort to build and develop relationships with them. Setting up a customer relationship management software can be time consuming and expensive. As a small or medium sized company, you want a great way to store your customer’s details. Cloud based CRM can do that for you in half the cost with easy access.
  7. Storing, Sending and Editing large files: Have you tried to edit or download large excel sheets worth of data or tried to send photos that are absolutely gorgeous but are huge? That’s where Google Docs and Office 365 come in. They can send files and they have access to office suite where you can log in to from anywhere.
  8. Different industries can use them: One of the most important industries here in Australia is logistics. Even they can benefit from using Cloud computing. For example, you can make use of SAAS or Software as a Service provider that helps companies keep track of their trucks, drivers and deliveries. Cloud computing allows a company called Transics to offer reliable information in a way that optimizes costs in an industry that has high overhead cost.
  9. Disaster Recovery: Using cloud computing, having your employees work remotely can mean lower severity of an in house IT crisis. It can also resolve issues faster, meaning you don’t need to have complex plans for disaster recovery put in place.
  10. Automation: Most companies need to invest in IT support to maintain and update your storage and files. That can work out pretty expensive. Cloud computing has automatic updates saving you heaps of time and money

Cloud computing across operating systems

With so many benefits to using Cloud computing, even small businesses can start small without making any major changes and work your way up and make use of the changing trends to drive profitability.

We here at Social Pandora use Cloud Computing to store files, share files, work virtually and even back up all our client databases! We find it convenient and saves us heaps of money.

Check out 39 of the most important people in cloud computing and see what you can use for your business.

Have you used Cloud for your business ? How has it worked for you? Let us know in the comments below!

-Social Pandora

(Image source -Pixabay)

 

 

 

 

 

 

 

 

 

MAKING SOCIAL SELLING WORK FOR YOUR BUSINESS

 

 

The hot new buzzword on everyone’s lips is Social Selling. The tool that today’s sales people are using to become the top performers in their firm as well as get new clients through the door.

 

With the use of Social media; the way we connect with people has changed. Using social media to do business, plan our everyday lives, stay in touch with friends, try out new restaurants has become a way of life for us. In fact social media merges word of mouth advertising, selling and marketing beautifully. Social media marketing is so powerful that you can’t afford to miss out!

 

Word of mouth marketing has always been around much before social media. Neighbours would buy similar stuff; friends would seek advice from others on what to buy, where to go for a service, what recipe to try, all over a game or over a fence at the backyard. Today, we do the same thing, except that we use tools for it and seek out reviews on a global level. Advertisers too now know how to sell to you and the vital role that friends play in influencing your decision.

 

What is social selling and how do you make it work for your business?

 Social Selling is making use of social media to make your sales more effective. It’s using warm, conversations that are both inviting and engaging with mutual benefits to the company and clients over cold calling, knocking on people’s doors and talking about what you do and who you are.

It generates insights and information into what customers want and what decisions they are influenced by before they buy. It also helps build relationships, make better strategic deals and grow the brand.

Making Social Selling work for your business:

 Sure, you have tried cold calling and noticed that there are more people who say “Thanks but we’re not interested” than those who say “Sure! sounds interesting, come on over!”

Here are some tactics you can use for your business:

  1. Using social media tools like Google Alerts, Tweet deck, Radian6 etc. can give you real time insight into what your customers are talking about. You can then understand their needs, unmet demands in the market and leverage that information and use it for your business.
  2. If your customers are not using social media, find out what’s being said about the industry in general. Check out some reviews and understand the customer’s point of view.
  3. Use social CRM tools that allows you to capture user’s Twitter profiles, contact details, details of a consumer or user-anything that is publicly available.
  4. Dig a little deeper: Understand whom you are selling to. Who are the key people involved to seal the deal? Who are their customers? What are the customers talking about? What is the level of engagement that they have? What contacts do your contacts have?

With so much information up your sleeve, you can now make a pitch that doesn’t always talk about ‘YOU’ but rather ‘THEM’. You can tell them how you can solve their issues and how you can help them. Doesn’t that sound better? It’s a serious competitive advantage!

 

  1. Make use of communities & blogs– read other people’s blogs, reviews, and any visual media they have shared and connect with them. You can also use LinkedIn to connect to vendors; participate in LinkedIn groups and find new prospects!
  2. Set up Social Media Monitoring tools like Radian6, Buzznumbers, and Google Alerts to get active updates on the industry, your customers and potential influencers.
  3. Create your own Blog and Social Media Channels: In order to be successful at social selling, you must have a strong brand yourself. The company you are selling and sourcing for must develop strong connections. You must also develop the knack of story telling and increasing your social influence score. Also include a ‘subscribe to the company blog or RSS feed’ icon on your website.
  4. Identify competitor moves: We all want to be ahead of the pack but finding an advantage amongst the various players in the market is challenging. If you were using traditional methods of sales and marketing, you’d know as soon as there is a new ad, press release or  product on the shelf! But now, you can anticipate your competitor’s moves by using social media monitoring tools. You can find that perfect opportunity to gain an edge over your competitors that you may have otherwise not known about!
  5. Prevent Customer Retaliation: By using these tools, you can avoid customer’s negative feedback by finding solutions to the problems they have mentioned. Doing a sentiment analysis will help you understand their emotions in regard to your product or service or your competitors products.

 

If you’re a stockist or distributor, you can understand which products to stock up on and which ones to drop. Imagine having all that shelf space for products that sell quicker!

With so many benefits to using social selling over traditional selling and cold calling, you can find opportunities everywhere! It’s time to embrace the new buzzword and make it work for you!

You can set up the tools and make it work for you and your sales team or you can give us a call and we can do it for you! You get all the information you need right in your inbox!

Talk to us now and let us know how you can make social selling work for your business! What tools do you use?

Join us for the conversation on #socialpandora

 

 

 

Understanding Neuromarketing and making it work for you as an Entrepreneur

Understanding Neuromarketing and making it work for you as an Entrepreneur

 

 Don't just market,Neuromarket

(Image source: Neurorelays.worpress.com)

 Unless you’re living under a rock, chances are that you’ve heard of this before. Neuromarketing or mental marketing is the new buzzword. But it’s not just a fancy word that everyone is throwing about but also an actual word that scientists have come up with. Scientists have probed the brain and drawn graphs to understand how the brain responds to a marketing stimulus.

Now you know who’s to blame for buying that extra pair of shoes or that gym membership you never use!

Jokes apart, Neuromarketing helps marketers understand how consumers react to a product. What makes them buy it? How do they choose one over the other? These are very important to the marketing agencies; the product manufactures and you; the curious consumer.

 

The brain responding to an external stimulus

(Image source: mktg-matters.blogspot.com)

 So how does it work?

Reacting to a marketing stimulus- how do brands understand consumers

 

(Image source: video-commerce.org)

 There are many methods of tracking the brain’s activity-the Functional Magnetic Resonance Imaging (fMRI), the Steady State Topography (SST), Electroencephalography (EEG), Eye tracking to name a few. Most widely used are however the EEG and fMRI. But they both come with their own set of pros and cons. For example, fMRI may find that a particular stimulus causes a consistent response in the brain and that response is correlated with a desired behavior such as trying a new brand or flavor.

The consumer’s buying decisions are made in split seconds in the emotional or subconscious part of the brain and by understanding what they like , dislike ,are intrigued by or averse to, brands can design and formulate products and communication techniques to meet any ‘unmet’ needs and make the consumer move from think to buy stage.

Shopping frenzy

According to neuroscientists there are 3 main parts of the brain, each functioning as a brain in itself.

  1. The ‘Human’ or new and outer most part of the brain is the most evolved section and is responsible for logic, learning, reasoning and conscious thoughts.
  2. The ‘Mammalian’ or middle part of the brain is responsible for the moods, emotions and memory
  3. The ‘Reptilian’ or the old brain controls the basic functions like hunger, flight or fight response to external stimulus and to understand what your consumers likes and to build sales, marketers need to understand the ‘Reptilian’s’ hot spots.

These hot spots responds to an external stimulus, decides whether to stay or go and if the scenario is good or not.

 

Capturing consumer emotions

 7 Takeaway tips marketers needs to know:

  1. Your product or service needs to trigger the customer’s senses by appealing to their emotional side.
  2. By adding more JOY into the customer’s experience, it could persuade them to stay and not go.
  3. Leave a strong impression-like the aroma of coffee, a compelling story or wonderful in-store experience.
  4. Use visuals to strengthen the emotional connection- funky packaging, product design or colour, in- store experience if you’re a service based company.

Too cool for school packagingToo-Cool-For-School packaging

  1. Discover the 5 senses– and use ‘Touch’,’Taste’,’Sight’,’Smell’ and ‘hearing’ to attract customers.
  2. Adapt your marketing technique to suit the geographical location you are in. Some countries are attracted to the environmental connect while some others are more logic oriented.
  3. Use the KISS principle: ‘Keep It Simple, Stupid’ Overloading consumers with too much visual content or information will result in them being unable to respond, unable to make a decision and therefore leave the brand display area,  and they will ask themselves “why do I need to know this? “ Or “ Why do I need this product”. All of which doesn’t result in sales! So simplify your message and focus on the benefit that they will receive and why they need to choose you.

Few brands that are making use of Neuromarketing are : Campbell’s soup, Microsoft , Frito-Lays

Although Neuromarketing is a debatable topic, whatever the outcome is, Neuromarketing is noteworthy in terms of really understanding your consumer and giving them what they currently need and want.

What are your views on the subject? Let us know!

-Social Pandora

 

 

 

Putting the success back into your social media campaign! PART 2

 

(PART 2 CONTD…)

 

Every industry is different, so try being in the required range for your industry. All this does is to help gauge your scores.

 

Ford’s Global Head of Social Media –Scott Monty also suggests using a tiered point system in place rather than looking at how many likes you have. It’s a simple yet effective strategy to use. You can measure the response to your efforts on any social media channel you use.

 

Here’s how it works (Source: Socialmediaexaminer.com)

If you’re launching a product or a service, you want to generate a buzz about it on Facebook. You post an update to your page about your launch and get a few likes on it. The next day, post a different update, get likes on it and you begin to see people engaging with the post. Shares are more valuable than likes or comments because that update is moved to another page, which increases your reach.

 

At the beginning of your campaign, translate your objective into a numeric goal. Then, use the tiered point system to weight different types of engagement according to what is valuable to you.

 

For ex: (For Facebook)  -Likes- 1 point each

Comments- 5 points each

Shares- 10 points each

During the campaign, a quick sum of values will help you determine if your efforts are paying off. You can create similar systems for any of the social media channels.

 

4. Visibilities and Brand Perception:

 

 

visibility

 (Image via www.xeus.co.uk)

Social media monitoring tools will provide you data on your brand, your products to see who’s talking about you , how, why,where from? The key to getting good scores here is to add tonnes of value for your customers. Gradually build it up and then begin to sell and then measure. Building relationships with customers is vital, and this is the best way to get there.

 

How do your numbers compare to your expectations? How have you fared with respect to your industry?

 

5. Measure traffic to your website:

Link each social media channel to your website; then track which of them send the most and the best traffic to your site. Track URL shares, click conversions, what do they do once they’re on your site?

6. Audit, Adjust, Repeat:

Review your measurement program periodically. Always include benchmarks or competitor information so that your stakeholders will understand how well you have fared.

It also helps to include visual representations of your data to describe your readings better. Editing and improving your measurement program will help you rectify errors if any. Enter new metrics, you may have missed before and alter content that is needed to help achieve your goals.

 

And. That’s it! 6 super simple steps to show your stakeholders the money! Soon enough you will be raking in results! We hope this gives you ideas on how you can simply measure your social media campaigns and do so without all the expensive tools!

But, hey, if it’s a little too much to do in too little a time, give us a call! We’d do all the hard work for you!

Let us know how you go! What do you think? Can some of the above-mentioned strategies improve the effectiveness of your campaign?

 

-Social Pandora

Putting the success back into your social media campaign!

Putting the success back into your social media campaign!

2 Part series

 PART 1

 

Putting success back into your social media campaign

(Image via http://www.switch-magazine.net)

 

By now you’ve run a campaign or two across a few social media platforms and you are noticing people take note of your brand; what you have to offer and maybe even dropped by your office! While all these are great signs of progress; you still need to measure how well that progress has been. Measuring the campaign will tell you where you’ve been successful and where you can improve.

 

At the start, you would have set goals for your campaign, the number of followers, fans you want, the levels of engagement for your campaign etc. so when you measure your results, you will have two kinds of analytics –ongoing analytics and campaign focused analytics to focus on. Measuring the success of your social media campaign is not very different from you measuring the success of your marketing efforts. You will still see where your customers are from, how many times the ad or campaign on TV and social media was clicked; what do they like, socio- economic and cultural backgrounds etc.

 

As marketers, we are all on a mission to be better than our competitors, out-think others, deliver better products and services and track our efforts.

Ongoing analytics are those that you will keep tracking over time. These are necessary to understand the trend; the peaks and pulses about your brand and that of the competition over a period of time. To do this, you need to set up brand tracking and check the results every now and then.

Campaign metrics will measure the results of your targeted marketing activities or campaigns. These can also vary from campaign to campaign and depend upon the goals you set.

To get the best possible results, you will need a combination of both

So without further ado; here’s a list of what you should be measuring

1.Measure your social media listening activities: If you aren’t listening as part of your campaign, you’re missing out on the conversations people are having about your brand. When you do listen you gain insights into your brand

How engaged are your target audience?

What customer support issues are they happy with?

What customer support need gap can be filled?

Are there any changes to your product or service you need to make?

Performance management?

 social media listening

(Image via www.leadformix.com)

Most people do not listen with the intent to understand; they listen with the intent to reply”– Stephen R.Covey

Use listening tools to understand how many people you’re helping through your campaign, are your fan followers increasing, etc. prioritize the points and use the information gathered to make changes to your business.

 

2. Measure Growths and Reach:

 

 

 

Measuring social media growth

                  (Image via http://www.marketingzen.com)

 

How healthy is your growth rate? Watch for a steady increase in the number of your fans, followers and subscribers. We also like to club growth, reach, volume, exposure under one metric- Awareness-how far is your message spreading?

3. Engagement: Are your followers interested in what you post? Do they comment? Interact? Maybe even poke, write an LOL? Well that’s great! It’s exactly what you need! It cannot get any easier really, just monitor the quick interactions to your channel- starting with how many likes, shares, +1’s, comments, retweets, mentions repins etc. Always set a target and then work your way up to measure the targets on a bi=weekly or monthly level. See how far your interactions increase, decrease or remain neutral. The idea is to keep increasing but also maintaining a good engagement level.

 

(PART 2 CONTD ..)

 

 

 

 

 

 

What you need to know to be a successful entrepreneur

Chase the vision, not the money, the money will end up following you “ – Tony Hsieh, Zappos CEO

 

Mark Zucherberg, Richard Branson, Reggie Brown, Evan Spiegel are all names you’ve heard of or even people who you’ve looked up to. Entrepreneurs come in different shapes and sizes, educational and economic backgrounds but there’s not many things that are common except for the passion, perseverance, never say die attitude and the ability to take risks that comes with the job.

In order to get to where they are, you can bet your bottom dollar that they’ve faced hardships, made numerous mistakes, and tried various things before they perfected their business.

 

The difference between most entrepreneurs, you will notice is their attitude. Either to persevere or to give up when faced with adversity, to not let competition pull you down or shut shop when there are a few bad reviews. It takes a lot more to be a good entrepreneur.

 

What makes them successful?

 They:

  1. Figure out what they want to do; and take baby steps towards their goal
  2. Pause in-between steps to see how far they’ve come and reassess their next step. It’s more a routine of Act.Pause.Learn.Pause.Build.Pause.Repeat
  3. Deal with uncertainty and contingency by experience and not just theoretical plans that have been put in place.
  4. Put yourself out there and try new things and at some point you will figure out what you’re good at and stick to it.
  5. See over every detail of your business. It’s good to look at the big picture but also the smaller details. Especially the case when you’re just starting out.
  6. Never give up-No matter what! They’ll always be moments that bring you down, leave you faithless and competitors will try to cut you off. But, remember why you started your business and stick to it.
  7. Get out of your comfort zone– It’s important to stay scared in the beginning. Some call it staying hungry and some call it staying scared. Either way, the sentiment’s bottom line is the same. Which is to use it as an important motivator.  Go outside of your comfort zone, learn to survive, grow and evolve.
  8. Create what the market needs: This is an important thing you will find most entrepreneurs doing. There are a lot of people with a lot of ideas out there but not every idea is a lucrative business to pursue. If you begin with a current market need, you have a market that is already present with the people who need what you have.
  9. Don’t begin by thinking you will be rich and famous: Believe it or not, entrepreneurs don’t’ have money, success or fame as their goal but rather the by-product.  They begin by working on their product or service, perfecting it until they’re the best at it. The fame, fortune and success will follow on it’s own.
  10. Push yourself harder
  11.                   Learn to finance your business well: Begin with sufficient financing before you move on
  12.        Manage your time well: Remember that time is money
  13.               Learn to function as teams and play to everyone’s strengths
  14.                   Turn Obstacles into assets
  15.                 Learn to say ‘NO’ when the need arises. It’s essential to say no to some great ideas in order to get to the brilliant ones.

 

“The value of an idea lies in the using of it.”—Thomas Edison, General Electric Co-founder

 

 We hope that these 15 tips from successful entrepreneurs and business owners will help motivate you and give you  the ideas you need to keep surging ahead.

 

“Make every detail perfect and limit the number of details to perfect.” —Jack Dorsey, Twitter co-founder

There’s nothing wrong with staying small. You can do big things with a small team.” —Jason Fried, 37signals founder

What tips do you use for your business? Let us know!

-Social Pandora