Tag Archives: tips

MatsHolmvik.com Podcast 1

I am a bit proud to present my first podcast on this blog. I am still figuring out some stuff so the sound will improve and my ability to talk basically just right out in the air. Feels kind of funny at the moment. But with some response and more training I think it will go great.

So I hope you will take about 8 minutes of your time to listen to my advice for you this weekend, my findings and a little bit about what I am reading at the moment. This is the best I have found so I will guarantee that you will find the information valuable if you are in business or just starting out.

Play

What did I learn this week that could benefit you:

TheFoundation.io – Dane Maxwell

Eventual Millionaire http://www.eventualmillionaire.com  with Jaime Tardy

How to start a software company in 6 weeks – Sam Ovens from TheFoundation.io

Mixergy.com 

What books am I reading that I recommend:

Spin Selling

The Accidental Sales Manager 

The Sales Leaders Playbook

I’m Feeling Lucky 

How to become an entrepreneur – With Top 20 Advice on becoming one

This is a question that many people start to ask themselves before entering into the business world. How do I start out? There is many reasons to why you should start a business and become an entrepreneur. It’s most about earning more money and having more time. The benefits you get are freedom if you are able to tap into a field that gives you all the customers you would ever need. But that’s the tough part. You should also realize that just becoming an entrepreneur because of money is not lasting very long. Because you have to get or have a passion for your customers. They become your new boss. Do as they say and you will get paid a lot.

So what is an entrepreneur? It’s a person who starts a business based on an idea, and make the business work. When the business is going by itself you have been a successful entrepreneur. But most business startups by entrepreneurs fail, about 90% fail in their first 10 years. The statistics are working hard against you. But it’s more likely to be become a successful entrepreneur than winning the lottery.

How to become an entrepreneur? Well, as you read about many successful entrepreneurs, they have quit school or university. That may lead you to think that they stop studying. But if you know anyone that has started their business, you will know that they keep learning every day. Reading books, papers, blogs, listening to audio books, attending seminars/webinars and paying big bucks to learn the latest tactics and best practices of business, psychology, sales, marketing and how to keep motivation.

 

I have prepared a little list here for you of the TOP 20 bullet points of how to become an entrepreneur:

  1. Find a need in the marketplace.
  2. Find a solution to that need.
  3. If there are solutions in the marketplace, can you make a cheaper, better or an improvement to that solution? Do it! Or skip to the next need and start over.
  4. Study as much as you can on every topic your business evolve around. Especially marketing and sales. No sales = Failure.
  5. Surround yourself with smarter and better people as soon as you can. Don’t be the best yourself, manage the people you hire.
  6. If you hate managing, hire a manager and become a leader instead.
  7. Be BOLD. Sometimes you got to make tough decisions. It’s these moments that will define your success or failure.
  8. Change fast! If something doesn’t work. Change. Try something different.
  9. Build a network. Almost all big cities have some sort of masterminds or business groups you can be part of. Then you can discuss business strategies with likeminded people and get free advice. But you got to contribute yourself, help were you can.
  10. Be coachable. Learn from others and listen to what successful people are telling you. It’s easy to think that you know best. But it usually doesn’t matter what product or service you got. The business aspect is the same.
  11. Track everything you do. Because then you can go back and replicate the process if it works. Take notes all the time.
  12. Interview your customers on a regular basis of what they need. Maybe you could add a new product or service to make your profits bigger and customers more happy?
  13. Be transparent. Things can go wrong, but be open and solution oriented about it and make your team work with you.
  14. Are your business scalable? What I mean about that is it possible for you to have 1000 customers more tomorrow? Can you handle it? Have a plan for growth and you will not have a problem with more customers and hiring people to do the work, even better if it can be automated with computers or robots.
  15. Break your business into 5 different parts. Improve them by 15% each. Like getting 15% more customers, convert 15% more leads, raise your price by 15%, you get it. If you do that with 5 parts of your business, you will have a 100% growth!
  16. Have fun! Don’t be too serious and laugh much. If you and your employees have fun, productivity will skyrocket and you will easy of the stress.
  17. Take vacations. This is the best test for any business to see if you can be away and still have the business running. Note down anything that goes wrong or something you got to fix while you are away. Then make processes for all the things to run without you, then you get more free time to think and improve the business when you are working.
  18. Don’t take your work home! This is important if you got a family. It will destroy it. Be done with everything that needs to be done before you go home. Write down a list of all the things you think about doing, that you have to do tomorrow, this will free your mind and you can focus 100% on the family.
  19. Get a great accountant and banker. This way you will have some people that are good with numbers and can help you when you need loans or need to save taxes. You never know, become friends with them.
  20. If you are tired of the business and its doing great. Try making it run without you or sell it to free up time, your mind and liquidate the asset you built. You deserve it by now!

So now you know how to become an entrepreneur, or the skeleton of it. All this bullet points have a lot behind them. You need to study each bullet point and get to know them, search them up, read, listen, attend seminars and practice the knowledge. A business is a process and entrepreneurship is a process.

What if you become an entrepreneur? What is your ultimate goal with it? To become your own boss, be a millionaire, billionaire or just to have more free time with the luxury of being financial independent? It’s important to set an end goal. Would you watch a football game if there was no ending time?

*Image from bruno-free: http://www.sxc.hu/photo/493668

My best ReTweeted Tweets on Twitter

Just wondered how many “TW” I could legit put in the heading. Seems that 3 is enough. Today I was really sad to see out the window, its like you put your shower on maximum pressure, just the sky is the shower. Its reported flooding and it will rain about 8 cm water in just two days. So I got a good cup of coffe and sat down playing with twitter.

Borrowed from http://mashable.com/2009/08/19/retweet-launches-tomorrow/

I came over  my posts thats been retweeted by others and compiled this list, sorting out links that wouldnt work anymore and other stuff that had a timelimit, giving me the list below. Hope you enjoy the list and can get you in a better mood than this rainy day.

I challenge you to do the same today, go to twitter, click on retweets -> your tweets, retweeted and compile your own list! Place a comment below to your list or all the links you have, share the stuff people like!

So put your best links in the comments below!

Top 5 Basic tips to any Twitter Newbie

Twitter has become one of the biggest and greatest sources of traffic and big audiences. You can reach out to many people in just a few seconds with an established or new twitter account. This can make a great impact on your business if you use it wisely.

So I have come up with 5 tips to you so you don’t waste a lot of time and effort into something that could stop twitter working for you.

1. You got to reach out to people and show them that you are present and reachable. You should ask people in your field questions and answer the questions of others that you find. If you don’t have anything to add to the conversation just drop it, people know if you are a spammer. So you should use the @ sign and the nickname of the person you are answering questions for or are asking. Then they will get a notification that you have contacted them, and other people see you interact.

2. Send out only tweets with affiliate links! NO….no…no… Do not send messages that only contains promotional messages. People will mark you as a spammer and they will know it if the only thing you send out comes with affiliate links or covered up links or only your own product s. There are many people that have a ratio they follow which is for every 100 messages they send only one of them contains an offer. That way people find you valuable to follow and wont unfollow you just for a couple of links now and then.

3. Define a purpose for you being present at twitter. What’s your purpose for using twitter? If you have different purposes I suggest you get different twitter accounts so you can use them as you please. Because your potential buyers would not want to know what you did this morning, and your aunt won’t buy a traffic video program from you. So define what you want from twitter. Is it personal, for traffic to your site, local customers or just participate in conversations with likeminded people.

4. Get followers to your account. The easiest way to do this is to start following other people that you have an interest in following. Go to search.twitter.com and type in some keywords for your interests and the check out the people showing up in the search results. Hit the Follow button to them and then you get their messages in your twitter account feed. Most of the times people will follow you back since you got the same interest, and thank them in a message, and maybe it will lead to a conversation and friendship.

5. This should have been number one on the list. But people skip long articles and read the first and sometimes last of a post. You should start tweeting right away after you setup your account, tweaking the design and your profile can be done later. Because if you start tweeting right away, other people will spot you in the searches and conversations you have with others. In the beginning you should give much of yourself in free advice, backing people up and give out links to related articles you know about, then it’s a good start.

I hope you enjoyed this short quick tip  for newbie’s to twitter post, and if you got any questions or would add some tips, let us continue the discussion in the comments below! See you around!