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entrepreneurs can change the world

          Ben Littlefield and Laura Capes
Overview
1.  Inspiration and Wisdom
2.  Modern Entrepreneurs and the “Digital Revolution”
3.  Q & A
Inspiration & Wisdom

Entrepreneurs: the new rockstars
Why be an entrepreneur
 •  The “good life”


 •  The journey: it isn’t easy
 •  Entrepreneurship is a journey for champions: rockstars
    •  Crappy hours
    •  Your boss is a slave driver
    •  Crappy benefits


 •  Still want to ride?
Innovation & Marketing
                        security




  The core of all business is:
1)  Innovation
2)  Marketing
                                 connection
                                              needs       importance


  
 --Peter Drucker
•  Love your clients
•  Add MORE Value
•  Ask a better quality question
              vitality
Know your biz
Do you really know your business?

Railroads and Yellow Books (that go into the recycling can)
Who the hell are you?
The Creator       The Manager         The Gambler

Artist            Thrives in chaos    Born to be an
Inventor          Put in order        entrepreneur
Wants to create   Directing/leading   Thrives with risk
The NOW of the biz environment


     spring   summer



     winter     fall
The Business Lifecycle

                       prim
                           e

                                          Foot
                                               i   n gra
                                                        ve
 Birth   adol
             esce
                 nce
                               midl
                                    ife
A nice cold glass of"
 wake the hell up

•  Nearly half of ALL businesses     •  Small biz represents 99.7% of
   fail within 5 years
                 all employers
•  Only 1/3 make it past 10 years
   •  Small biz provide 70% of new
•  95% of businesses never              jobs
   reach $1 million
                 •  97% of exports come from
•  Less than 2% of businesses           small biz
   reach above $10 million
Passion or Drive



  Drive
What you HAVE to do
                      Passion
                      What you were BORN to do
Sitting on a rock
The importance of recharging your
battery…

Business is a contact sport, played
intellectually – your mind is your weapon –
give it what it needs…

If your car was out of gas, would hitting
the accelerator harder fix the problem?
Internal Customers


When possible, be a customer, not an employer

Customers have more flexibility
Measure like a nerd

              $ in



   $ out
Getting “social”

Adding a social component to your business, 
no Twitter doesn’t count!

Doing well by doing Good!
Rockstar Biz Plan
outcome
            note             Revenue sources
   note
                                                  note
             note                   note


Client ID   note
        note                 Unfair advantage
                     note    note                 note
                                       note

offering
 note              note
                             Key resources/costs
                      note
                               note
                                           note   note
How to sell/distribution
            note
     note
The Modern Entrepreneur

     The digital revolution
Important trends
Traditional Media

        
   Print Yellow Pages
        
   TV
        
   Radio
        
   Newspapers
        
   Billboards
        
   Magazines
Digital Media



   The Internet


   Websites


   Blogs


   Social Networks


   Video


   Digital Ads
THE INTERNET: KIND OF A BIG DEAL


                          
   228 million in the US

   The Beginning
    (1993) = 50 websites 
   74% of US population


   Today: 234+ million   
   US not the leaders:
    websites and
    growing!                 
     South Korea   77%

                             
     Australia     80%

                             
     Netherlands   86%

                             
     Sweden        89%

                             
     Iceland       93%
Who’s online?
Purchasing Decisions
The King




 Google has 4x market share over
 Nearest Competitor: Yahoo!
Leverage: a rockstar tool

   Trading vs. Leveraging   
   Leveraging Time for
                                 Money

   Trading Time for Money
                               
   Do it Once
  
   Do it Once
                               
   Get Paid Forever
  
   Get Paid Once
Leverage: a rockstar tool


   How many of you have a website?
    How does it serve your business?
  
   Online
      Brochure?
  
   Interactive
      Salesperson?
Digital Brochure

  Billboard in the desert…
Digital Presence Matters

   44% of all businesses have a website


   Average sales for a small business = $3.6 million


   Average sales with a website = $5.3 million
Good News and Bad News 


  Bad News:
Your Website Probably Sucks!

  Good News:
   Most Websites Definitely Suck!
How do we know?

   Not because I’m so smart...

   
   It’s not subjective (Expert
       Opinion)

   
   It’s objective
       (Actual Statistics)


   Website Grades: Most rank 5-50 out of 100


   Page Ranks: Most rank 0-2 out of 10
6 Point Digital success strategy




                        1. client ID

       2. branding
       3. action                          6. Findability
       4. trust
                       5. interactivity
Success strategy #1: Client ID


   Tip: It’s not about you!!!!!!!


   It’s about your customers!


    1. FOWTW
    2. GOGI
    3. GITT
Organic SEO:
400% Higher
Conversions
Success strategy #2: Branding



  Who are you?

  What’s your purpose?

  What makes you unique?

  How do you add more value?

  What’s your unfair competitive advantage?
Success strategy #2: Branding


   How do you deliver that online?
  
   Look & Feel
                                      Two Reasons:
  
   Messaging                       1)  To be educated
                                      2)  To be entertained
  
   Design
Success strategy #3: ACTION

   Create a Compelling “Call to Action”
  
   Be clear what you want them to do
  
   Make your offer enticing
  
   Provide more value than anyone else
  
   Utilize ethical bribes
     
   Ex. Free report or video in exchange for
         email address
Success strategy #3: ACTION

 
  What are you asking your client to do?
 
  Expecting them to call is not enough!
Success strategy #4: TRUST
6 ways to build trust online:      
  People Buy from Sources
                                   They Trust
1.  Offer a Money-Back Guarantee
                                   
  Goal: Be the Expert and
2.  Include Video Testimonials     Trusted Advisor
                                   
  How Do You Convey Trust?
3.  Use Trust Logos (BBB)

4.  Have a Privacy Policy

5.  Offer a Free Trial

6.  Show Phone # & Address
Success strategy #5: INTERACTIVITY

  You only get 2.3 seconds to make an impression

  Roughly 9 out of 10 visitors will leave your site without
taking any action

  Making your site interactive can improve your odds of
getting more visitors to take action
   
   TIP: No, having a newsletter subscription form doesn’t count as being
     interactive!
Success strategy #6: Be findable
Overview: Search engine visibility

             2-Part Concept




 On-Page                       Off-Page
 Factors                       Factors
On page


   Elements within your website that you have the ability to control


   100% controllable


   Represents about 20-40% of Google’s algorithm for Ranking Websites


   Can have a perfect off page strategy but not having the right on page
    strategy can eliminate all results


   Ex: Keyword Use, Title Tags, etc.
Off Page

   Elements that are part of other websites that impact your sites search
    engine ranking.


   Contributes about 60-80% of ranking results


   Would contribute 0% toward ranking results if on page elements were
    not compliant


   Ex: incoming links to your website from others (“votes”)
How does google determine rankings?



   Google PageRankTM (simplified)


   Google assigns each page it has “indexed” a
    ‘Page Rank” from 0 - 10


   Could be called “page importance” or “page
    relevance” or “page authority”


   Democratic “voting system that allows the public
    to decide whites sites are the most important
    and relevant pages
Critical points to remember


   Your page rank is your            
  Do you understand your client?
    VOTING power
                                      
  Do you deliver more value?

   The higher your page rank,        
  Are you trustworthy?
    the more authority you have,      
  Are you findable?
    the more weight your vote has


   The more power and
    relevance you give to the sites
    you link to
Resources 

For a copy of this presentation and more resources,
give us your card, we’ll hook you up!
entrepreneurs can change the world
                Ben Littlefield and Laura Capes



            Q&A



                    Be in Touch:
RockstarEntrepreneur.com – Official Launch next month

            Ben@ThreeSixtySolutions.com
           Laura@ThreeSixtySolutions.com

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Rockstar Entrepreneur for RISE Austin

  • 1. entrepreneurs can change the world Ben Littlefield and Laura Capes
  • 2. Overview 1.  Inspiration and Wisdom 2.  Modern Entrepreneurs and the “Digital Revolution” 3.  Q & A
  • 4. Why be an entrepreneur •  The “good life” •  The journey: it isn’t easy •  Entrepreneurship is a journey for champions: rockstars •  Crappy hours •  Your boss is a slave driver •  Crappy benefits •  Still want to ride?
  • 5. Innovation & Marketing security   The core of all business is: 1)  Innovation 2)  Marketing connection needs importance   --Peter Drucker •  Love your clients •  Add MORE Value •  Ask a better quality question vitality
  • 6. Know your biz Do you really know your business? Railroads and Yellow Books (that go into the recycling can)
  • 7. Who the hell are you? The Creator The Manager The Gambler Artist Thrives in chaos Born to be an Inventor Put in order entrepreneur Wants to create Directing/leading Thrives with risk
  • 8. The NOW of the biz environment spring summer winter fall
  • 9. The Business Lifecycle prim e Foot i n gra ve Birth adol esce nce midl ife
  • 10. A nice cold glass of" wake the hell up •  Nearly half of ALL businesses •  Small biz represents 99.7% of fail within 5 years all employers •  Only 1/3 make it past 10 years •  Small biz provide 70% of new •  95% of businesses never jobs reach $1 million •  97% of exports come from •  Less than 2% of businesses small biz reach above $10 million
  • 11. Passion or Drive Drive What you HAVE to do Passion What you were BORN to do
  • 12. Sitting on a rock The importance of recharging your battery… Business is a contact sport, played intellectually – your mind is your weapon – give it what it needs… If your car was out of gas, would hitting the accelerator harder fix the problem?
  • 13. Internal Customers When possible, be a customer, not an employer Customers have more flexibility
  • 14. Measure like a nerd $ in $ out
  • 15. Getting “social” Adding a social component to your business, no Twitter doesn’t count! Doing well by doing Good!
  • 16. Rockstar Biz Plan outcome note Revenue sources note note note note Client ID note note Unfair advantage note note note note offering note note Key resources/costs note note note note How to sell/distribution note note
  • 17. The Modern Entrepreneur The digital revolution
  • 19. Traditional Media   Print Yellow Pages   TV   Radio   Newspapers   Billboards   Magazines
  • 20. Digital Media   The Internet   Websites   Blogs   Social Networks   Video   Digital Ads
  • 21. THE INTERNET: KIND OF A BIG DEAL   228 million in the US   The Beginning (1993) = 50 websites   74% of US population   Today: 234+ million   US not the leaders: websites and growing!   South Korea 77%   Australia 80%   Netherlands 86%   Sweden 89%   Iceland 93%
  • 24. The King Google has 4x market share over Nearest Competitor: Yahoo!
  • 25. Leverage: a rockstar tool   Trading vs. Leveraging   Leveraging Time for Money   Trading Time for Money   Do it Once   Do it Once   Get Paid Forever   Get Paid Once
  • 26. Leverage: a rockstar tool   How many of you have a website? How does it serve your business?   Online Brochure?   Interactive Salesperson?
  • 27. Digital Brochure Billboard in the desert…
  • 28. Digital Presence Matters   44% of all businesses have a website   Average sales for a small business = $3.6 million   Average sales with a website = $5.3 million
  • 29. Good News and Bad News  Bad News: Your Website Probably Sucks!  Good News: Most Websites Definitely Suck!
  • 30. How do we know?   Not because I’m so smart...   It’s not subjective (Expert Opinion)   It’s objective (Actual Statistics)   Website Grades: Most rank 5-50 out of 100   Page Ranks: Most rank 0-2 out of 10
  • 31. 6 Point Digital success strategy 1. client ID 2. branding 3. action 6. Findability 4. trust 5. interactivity
  • 32. Success strategy #1: Client ID   Tip: It’s not about you!!!!!!!   It’s about your customers! 1. FOWTW 2. GOGI 3. GITT
  • 34. Success strategy #2: Branding  Who are you?  What’s your purpose?  What makes you unique?  How do you add more value?  What’s your unfair competitive advantage?
  • 35. Success strategy #2: Branding   How do you deliver that online?   Look & Feel Two Reasons:   Messaging 1)  To be educated 2)  To be entertained   Design
  • 36. Success strategy #3: ACTION   Create a Compelling “Call to Action”   Be clear what you want them to do   Make your offer enticing   Provide more value than anyone else   Utilize ethical bribes   Ex. Free report or video in exchange for email address
  • 37. Success strategy #3: ACTION  What are you asking your client to do?  Expecting them to call is not enough!
  • 38. Success strategy #4: TRUST 6 ways to build trust online:  People Buy from Sources They Trust 1.  Offer a Money-Back Guarantee  Goal: Be the Expert and 2.  Include Video Testimonials Trusted Advisor  How Do You Convey Trust? 3.  Use Trust Logos (BBB) 4.  Have a Privacy Policy 5.  Offer a Free Trial 6.  Show Phone # & Address
  • 39. Success strategy #5: INTERACTIVITY  You only get 2.3 seconds to make an impression  Roughly 9 out of 10 visitors will leave your site without taking any action  Making your site interactive can improve your odds of getting more visitors to take action   TIP: No, having a newsletter subscription form doesn’t count as being interactive!
  • 40. Success strategy #6: Be findable Overview: Search engine visibility 2-Part Concept On-Page Off-Page Factors Factors
  • 41. On page   Elements within your website that you have the ability to control   100% controllable   Represents about 20-40% of Google’s algorithm for Ranking Websites   Can have a perfect off page strategy but not having the right on page strategy can eliminate all results   Ex: Keyword Use, Title Tags, etc.
  • 42. Off Page   Elements that are part of other websites that impact your sites search engine ranking.   Contributes about 60-80% of ranking results   Would contribute 0% toward ranking results if on page elements were not compliant   Ex: incoming links to your website from others (“votes”)
  • 43. How does google determine rankings?   Google PageRankTM (simplified)   Google assigns each page it has “indexed” a ‘Page Rank” from 0 - 10   Could be called “page importance” or “page relevance” or “page authority”   Democratic “voting system that allows the public to decide whites sites are the most important and relevant pages
  • 44. Critical points to remember   Your page rank is your  Do you understand your client? VOTING power  Do you deliver more value?   The higher your page rank,  Are you trustworthy? the more authority you have,  Are you findable? the more weight your vote has   The more power and relevance you give to the sites you link to
  • 45. Resources For a copy of this presentation and more resources, give us your card, we’ll hook you up!
  • 46. entrepreneurs can change the world Ben Littlefield and Laura Capes Q&A Be in Touch: RockstarEntrepreneur.com – Official Launch next month Ben@ThreeSixtySolutions.com Laura@ThreeSixtySolutions.com