
FOOD FOR THOUGHT:
* How can you make use of space differently?
* How can you embed your product or service into another experience?
* What fundamental principle of your industry or business is worth questioning or flipping around?
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thoughts and findings for women entrepreneurs and small business owners
The latest issue of Inc magazine pays tribute to its 30 year anniversary with a few lists of 30 items.
One “Don’t You Wish You Thought of That?: America’s Weirdest Businesses” is particularly amusing and, as it promises, it profiles business ideas that seem at the outset outright bizarre.
The list ranges from drive-thru strip joints to prosthetic testicles for neutered dogs to narcotic-detection dogs for sniffing out teens’ rooms to Sarah’s Smash Shack (a business we have written about before) which offers catharsis through china & glass destruction in a safe environment.
(This list actually came in handy during my stint at jury duty this week by keeping several of us entertained during one of our deliberation breaks – Thanks Inc.!).
Reading through this made me laugh imagining how all these business ideas were concocted. Did each one start as only a half-serious idea in the founder’s mind? I also wondered how many discouraging remarks each founder had to endure throughout their start up process. And what are their 15 second pitches like? What are the founder’s professional backgrounds like? And isn’t it funny that even if the business itself is outrageous that the founders still need to worry about mundane business tasks like accounting and customer communications and inventory? At the end of my musing, I realized that no matter how unorthodox and unexpected, I probably still have a lot in common with these business owners, or at least we’d have a lot to talk about (perhaps unlike my fellow jury members).
Another list that I love, of course, is the Business Owners Book Shelf. I was excited to realize that I own or have read many of these books (obviously these are not always synonymous!)...including of course my favorite Small Giants . Perhaps this is good fodder for our entrepreneur book club? We will have to see!
posted by Adelaide
In the last Mom/Business Owner Affinity Group we discussed how much information is too much information when you run your own business and have family responsibilities. While this discussion was a long overdue, it was well received as there seems to be blurred boundaries on what is appropriate.
As a mother and a business owner, I have found it odd when a woman who I do not know well at all has scheduled an appointment only to tell me at the last minute that she cannot find a babysitter and she cannot make it. I completely understand this predicament; however, sometimes I find it strange that the information is shared. From my perspective, she needs to cancel or reschedule the meeting but to me the reason is irrelevant. She is a professional and I give her the benefit of the doubt that she makes decisions that work for her and her business.
I know, STICKY subject! I am sure for some of you, the hair on your neck just raised.
Our final group conclusion was that you really need to do what works best for you, but, we also identified a few things to think about:
* When might you benefit from sharing personal information, for example, perhaps the person you are speaking with was a sports nut and would be really interested to know that you coach your kid’s soccer team
* When might it be detrimental to share too much personal information? Could you alienate someone? Make them feel uncomfortable? Put yourself at a disadvantage?
* When might sharing personal information strengthen a professional relationship?
Is less more?
My own perspective is that you do not need to apologize for having a family and a business. Rely on the fact that you make the best decisions you can based on your priorities and just set realistic expectations for your clients, customers and yourself!
I have noticed that there are a log of things that we do in our business because that is "the way we have always done it" read: routine. I challenged myself to examine my routines and determine if how I was doing it "the way I always did it" was effective or could I figure out at better way to do that activity.
A highlight of my findings: I highlight emails in my inbox to be in the marked as unread status when I need to deal with something but do not want to deal with it at the moment. I found that I re-read and highlight and unhighlight the item approx 10 times before I deal with the issue at hand. I procrastinate - there I said it. Wow! What a total waste of time! I have decided to allow my self to mark as unread 1x and then each day I need to allocate 30 minutes to go through all of the alleged "unread" messages and deal with them.
I challenge you to think of something you do in your business out of routine and see if there is a way you can do it differently and ultimately more effectively. Being a creator of comfort can lead to stagnation and impede your ability to innovate. Get uncomfortable and get out of your own way!
posted by Amy