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Senin, 18 April 2011

A New Way to Publish

by: Penny C. Sansevieri
These days, there are several ways to get your book published. You can get an agent and go the traditional route, you can self-publish, or you can take advantage of a new form of publishing called "print-on-demand" or POD
.

What exactly is print-on-demand publishing? Think of it as self-publishing with a twist. It used to be, if you wanted to circumvent the traditional publishing houses, you had to tackle everything from printers to cover designers, ISBNs (International Standard Book Number) to distribution. Feeling dizzy yet? Sure, there were also self-publishing houses called vanity presses. They churned out about 6,000 titles per year and the author paid anywhere from $10,000 to $20,000 to publish his or her book. Cost alone was usually enough to discourage anyone who had not spent a great deal of time in the industry. Options were pretty limited, until the Internet explosion occurred.

Enter the on-demand publisher. Now, for a minimal fee (usually from $159 to $1,500), you can see your book in print. Essentially, what you're doing is hiring a publisher to publish your book. They take care of the cover, the book interior, the ISBN, and the distribution. They are compensated for this by receiving a portion of the profits every time you sell a book. You are compensated through royalties and while these do vary, they typically fall somewhere in the 18-20 percent range per book. The great part about POD publishing is that the "on-demand" part enables them to print books as they are needed, meaning that someone (probably you) won't get stuck with a garage full of books you can't get rid of. If you only sell 100 books, that's what they'll print. There are no minimum orders, and your book will always stay in print.

To give you an idea of the scope of the on-demand publishing industry, consider this: the typical big New York publisher prints about eight hundred new titles a year. At last count, some of the print-on-demand publishers were doing five hundred a month. Early estimates indicate that POD publishers printed around half a million books in 2001. This year, there are indications that this industry will hit the $78 billion market. These indicators tell us that the POD industry is growing at a pace no one anticipated. Why? Because the traditional publishing field is narrowing. Only one percent of books published each year are by unpublished authors. Does this low number tell us that there are fewer new authors out there? Absolutely not. What it tells us is that publishing houses are cutting back, merging and no longer willing to take chances on untested material.






The challenge with this industry is that you can't get published unless you're published it's a cycle from which we all aspire to escape. Now, we can. If you publish your book through a POD press, you are no longer considered a first-time published author. That is, if you sell the book. You still have to market your book. But take heart. With shrinking publishing budgets, you have to market your own book, no matter who publishes you. The hefty marketing budgets that used to accompany new releases are dwindling quickly.

So, let's say you publish your book through a POD publisher and you market it. You market it so well that you begin to garner interest from bigger publishing houses. How many books you need to sell is anyone's guess. Traditionally, the range has been between 5,000 and 8,000. Recently, however, Kensington Books (an imprint of Citadel Press) formed an alliance with POD giant iUniverse (www.iuniverse.com) to consider any book that sold over five hundred copies. By "consider," they mean they will consider publishing it. At five hundred copies, this levels the playing field considerably. If you've written a good book and you market it effectively, you'll sell five hundred copies in the blink of an eye.

Publishers I've spoken to at some of the biggest houses in the industry (Time Warner, Simon & Schuster) readily admit they watch these books very carefully to see what's selling. By picking a book that is selling moderately well, the publisher knows two things: the book has found an audience, and the author knows how to market it.

Even if you don't get picked up traditionally, there's still hope. If you sell a reasonable amount of books and you still aspire to a bigger publishing house, you can include this first publishing experience in your query letter.

How do you find these on-demand publishers? A list of some I've worked with follows this article, but who you pick will depend entirely on you and the needs of your book. For some, it’s the turnaround time; for others, it’s whether or not they can print in hardcover. Generally, though, the final product should be your first consideration; distribution or shipping time should be second. Once you've narrowed your publishers down to two or three, a good idea would be to order a book from each of them. This will tell you two things. First, you'll get a sense for their ordering process and how quickly they ship the book to you, and second, you'll get a firsthand look at the quality of their books.







What about the selection process? Do these publishers accept anything that's sent to them? The answer is no. While the approval process is far less restrictive than traditional publishers and you don't need an agent, some POD publishers still have guidelines as to what they will and won't consider. These guidelines vary from publisher to publisher, so you'll need to check their individual sites or contracts for specifics. Also, some publishers will even read the manuscript to determine the quality; if they feel the work is so poor it's unmarketable, they will turn it down.

While you're in the selection process, download the publishing company's publishing contract and look it over carefully. You'll want to make sure a few things are in place before you sign on the dotted line. First off, be certain you're able to retain all the rights to your book (foreign, film, audio, hard cover, paperback, and ebook). This is extremely important. Never give or sell any of the rights away to a book you're publishing through the POD process. Second, determine how quickly you can cancel this agreement. Ideally, cancellation should be immediate. Cancellation clauses will benefit you if your book should get picked up by a traditional house or if you decide to switch publishing companies.

Your time to market, meaning the time it takes them to format your manuscript into a book and get it ready for sale, will vary. Generally, you should see a completed book within ninety days, or in some cases, even less. This turnaround is incredible when you consider it takes a traditional house about twelve to eighteen months to get a new title ready for sale.

As with anything, there are drawbacks to this form of publishing. One of the biggest issues with print-on-demand is that there is a no-return policy in place for these books. Returns are a crucial part of doing retail business in the U.S. In fact, a whopping 35 percent of merchandise purchased is returned. Still, authors are finding ways around this issue. Some place books in specialty shops because these stores have a lower return factor. Others sell books on-line. Some bookstores will even carry a non-returnable book if the demand exists.






Secondly, this form of printing is more expensive than the traditional trade paperback model. Generally, POD books will be priced higher. Their price is often determined by the page count. As print-on-demand machines become more efficient and the per-page printing costs decline, POD book prices will drop. Many have already decreased considerably from where they were a year ago.

Despite the obstacles, there are many success stories emerging from this industry and many more are finding their way to success everyday. Here are a few titles you might recognize that were (or are) POD books:
· "Legally Blond" (AuthorHouse.com)
· "The Idiot Girls' Action Adventure Club" (iUniverse) currently on the New York Times bestseller list
· "The Pearls of the Stone Man" (Xlibris.com) was nominated for a Pulitzer Prize in 2002

With on-demand publishing, what was once a dream can now be a reality.
In an industry that is saturated with exceptional talent, the advent of these publishers has afforded authors an opportunity that might otherwise not be available to them. It is an opportunity millions are taking advantage of. For some, it's a way to finally see their book in print. For others it's a road to publishing success.
Print-On-Demand Publishers:
http://www.iuniverse.com/
http://www.infinitypublishing.com
http://www.traffordpublishing.com
http://www.xlibris.com



About the author:
Penny C. Sansevieri
The Cliffhanger was published in June of 2000. After a strategic marketing campaign it quickly climbed
the ranks at Amazon.com to the ##1 best selling book in San Diego. Her most recent book: No More Rejections. Get Published Today! was released in July of 2002 to rave reviews. Penny is a book marketing and media relations specialist. She also coaches authors on projects, manuscripts and marketing plans and instructs a variety of coursing on publishing and promotion. To learn more about her books or her promotional services, you can visit her web site at www.amarketingexpert.comTo subscribe to her free ezine, send a blank email to: mailto:subscribe@booksbypen.com
Copyright ã 2004 Penny C. Sansevieri

19 Ways to Secure Non-Returnable Book Sales

by: Ink Tree Ltd.
Surprisingly, book stores are not always your greatest source of book sales. Most authors and publishers do want their books to be available in all of the book stores, and rightly so. You want your book to be there, too. You want your book to be a “household name” – a topic of conversation in coffee rooms and at dinner tables everywhere. Your publicity campaign is designed to create interest in your book, and to drive buyers to the book store market.


Unfortunately, those traditional book store sales aren’t always “sold”. The books might be returned over and over again. That’s the sad reality of the book retail industry.

Your book’s fame, however, can help you to acquire nonreturnable sales in the nontraditional market where a sale actually is a sale – where sales of 25,000 copies and more are not uncommon.
Here are 19 strategies that will help you acquire those sales:

1. Write your book for a very broad market – nonfiction works best.

2. Write a book that people will be happy to give as a gift.

3. Add as many photos and illustrations as you can afford.

4. Keep the topic light – avoid heavy social commentaries, controversial topics, scientific theories and other “heavy” subjects.

5. Have your book professionally designed.

6. Have your book professionally edited.

7. Give your book a catchy name – avoid boring titles such as How to Have a Happy, Fulfilling Life.

8. Make sure that the cover design is appealing, appears three dimensional and can compete with all of the major publishing houses. Hire a professional designer.

9. Sell the benefits of your book on the back cover. That is where you will sell buyers on the reasons why they just can’t live without your book.

10. Price the book competitively in your genre.

11. Make your book look like it is good value for the price – it’s all about perceived value in the minds of the buyers.

12. Don’t write for yourself – write for the end buyer. Fulfill a need for them or make them feel better.

13. Think of the corporate market when you are writing. Make a list of corporations that can benefit from your book, and then contact them.

14. Submit your book to the book clubs at least six months before you publish.

15. Find an agent who sells to the gift market.

16. Find an agent who sells foreign rights.

17. Find an agent who sells to the display market.

18. Don’t be afraid to offer large discounts on nonreturnable sales.

19. Seek licensing agreements – they are a great source of income for no work on your part.

A professionally designed book opens many doors while an amateurish appearance closes many doors. It is vitally important that you invest in your book at the beginning to create sales in the long term. Plan for publicity and marketing before you print your books – printing is not the final expense in your marketing plan. It is the beginning. You can have the best book in the world, but if no one knows about it, no one will buy it.

Create a book that buyers just can’t resist.

© Copyright 2004 Ink Tree Ltd.
Ink Tree Ltd. helps authors publish, market and sell books. We have all the tools you need to succeed in book publishing. Let us help you make your book a success. http://www.inktreemarketing.com


About the Author

Ink Tree is a book marketing firm that aims to help writers publish, market, and sell books. Learn everything you need to guide you from Idea to Book... to Success - the fast, easy, simple way. www.inktreemarketing.com

8 Advantages of Publishing Your Own Book as an Entrepreneur


by: Ink Tree Ltd.
8 Advantages of Publishing Your Own Book as an Entrepreneur



As an aspiring or an established entrepreneur, you are an expert in something, but does the rest of the world know? You have a wealth of information, experience and knowledge that you can package into a book that will benefit others. This truly is the information age and people want to know what you know.


1. A book will give you unbelievable credibility which increases the respect you will receive from customers and business associates. Wouldn’t you be more likely to purchase widgets from the business person who wrote the book on widgets? New customers are more likely to take advice from, or purchase the services/products from, an established author. Many consultants increase the levels of their business simply by writing a book on their area of expertise.


2. The typical business person might run into roadblocks when seeking media recognition and publicity for their product or service because the media tend to see this kind of exposure as advertising. However, books receive exposure in the form of reviews or features all the time. Books make great print stories and authors make great featured guests on radio and television shows. Sure beats pulling together an advertising budget.


3. Writing a book gives you instant expert status. If you wrote the book, you are now seen as the authority on that subject by others. And you are! You will have now proven that you know what you’re talking about. You will show, in writing, that you know your business area inside and out.


4. Most entrepreneurs love to hear that publishing a book can easily lead to increased fees. People will pay more to work with an established expert then someone who seems less established in a business. Your book has just given you instant added credentials. It would be nice to add “author of…” behind your name, wouldn’t it?


5. If you are not already a consultant, a book along with your proven expert status could bring you new consulting opportunities where you can bill for your time to educate, speak to and work with other companies and individuals helping them succeed through what you know.


6. If you have a service business or you are selling products already, a book will allow you to add a product to your existing business. Expanding your line is never a bad thing and will open up all kinds of doors in your marketing plan.


7. If you aren’t already on the internet (and you should be, but that’s another article), you can add online marketing to your marketing plan with your book. There are loads of places to sell your book online and having an information product to offer will give you a second stream of revenue with huge potential.


8. Expanding your marketing opportunities and focusing on opportunities for residual income is what you should be focusing on as an entrepreneur. Quit trading your hours for dollars and start working smarter.


Your own book will be a complement and a supplement to your current business. It will also mean an additional source of revenue added to your bottom line. I’d be willing to bet that you’ve thought of writing a book at some point in your career. Almost every single person has. Use your passion. Take your knowledge, package it and sell it. People are willing to pay for what you already know.


Copyright Ó 2003 Ink Tree Ltd.


Ink Tree Ltd. Helping writers publish, market and sell books! If there is a book inside you – profit from it. Learn everything you need to guide you from Idea to Book… to Success – the fast, easy, simple way. Publish your own book with one-on-one expert help from publishing professionals who have created numerous bestsellers and sold hundreds of thousands of books.

Phone: 1-866-500-8733 or 403-295-3898 Email: info@inktreemarketing.com

Web: www.moneyinpublishing.com or www.inktreemarketing.com




About the Author

Ink Tree Ltd. is a book marketing firm that helps writers publish, market and sell books. Learn everything you need to guide you from Idea to Book... to Success - the fast, easy, simple waywww.inktreemarketing.com

7 Vital Book Promotion Tips

by: Lea Toland
As a literary publicist I often am asked about publicity tips, tricks, and the magic behind my work. It's not magic. All you need to know are the basics and from there you will be able to create an effective book promotion. Below I've listed the most vital and basic tips to a successful book publicity campaign.

1. ALWAYS Take 'No' for an answer It can be frustrating when the media isn't interested in your book or story idea, but always thank them for their time and move on. If you try and persuade or argue with them you will leave a bad impression of yourself and your chances of working with this particular media in the future are slim. Try back in a couple months if it's a show or publication that you're particularly interested. The media changes with the seasons, and trends, so they may love your show or feature idea then, rather then now.

2. Don't Hound Your Publicist The more time you take up with your book publicist the less time they have to talk with the media. When you first begin your book publicity campaign ask your book publicist when an appropriate time would be to have a weekly chat, and see if they have a number to call in case of a publicity emergency. This will be well received by your book publicist and their efforts will be more successful!

3. Start NOW A book publicity campaign is the most successful within the first 6 months from your book's publication date (differs for traditionally published authors). This is because the media wants the latest products and they want to be the first to tell their audience about them. It's best to start publicizing your story to mainstream and industry media prior to your book's release and reach out to consumers once your book is available to order.

4. Don't Pitch Your Book Make sure that you're pitching a concept, show idea, or solution when you begin promoting your book. If you sound more like…. "Hello, I am an author who just published my women's interest novel....." rather then, "Hello, is this a good time for you? Great. I'm a relationship expert who has proven that love novels bring couples closer in bed…" The second pitch is more intriguing and will most likely get a few minutes from the person on the receiving end. Your goal with every pitch should be to get their attention, a few minutes of their time and booked or featured as a guest, depending on the type of media.

5. Create a Press Kit Before you begin promoting your book you should have a press kit ready to go. The essentials in most literary kits are a cover letter, press release, author bio, Q&A page, sample interview questions, and articles that make your topic relevant today. You're publisher should supply you with these materials and if you're self-published you'll most likely need to create these materials from scratch and on your own. This can be a daunting task to some, but the internet or library can be helpful when researching the proper formats of these products. Or, find a publicist to create a press kit for you!

6. Know Your Target Audience Who will buy your book? 'Everybody' is not the correct answer to this question, although it is a common answer. The more focused you can get with your efforts the better your results will be. If your book is more main stream rather then specialized, then try beginning with a smaller audience and broadening your focus after you've saturated this first audience. Just a tip: Authors should always start with their local media, then regional (surrounding areas and states), and finally saturate national media.

7. Have fun! Your enthusiasm, humor, and smile should shine through in every phone pitch, letter, and e-mail. If you're not excited about getting your work out there, then why should a producer or editor be excited to give you time on their program or space in their publication.

I truly believe that any author can publicize their own book if they have the drive, energy, and time to see it through from beginning to end. Publicity is the most vital within the first six months from its publication date, so authors should hit the ground running. If you need more guidance or would rather hire a professional to handle your book's publicity then start looking now. There are many publicity companies out there, but you need to find the one that's right for you and that is as excited about your book as you are.
About the Author

Please visit us for more information on our book promotion services: Book Promotion and Book Marketing Services

7 Steps to Successful Publishing

 by: Ink Tree Ltd.

The decision to publish a book is very exciting! It causes the creative juices to flow and the eyes to light up. But wait – before you begin the publishing process, know about the seven most important steps you need to know before publishing your book. Make sure that you take every step into careful consideration so that your road to success is an easy one:

1. Know why you are writing a book. Are you writing your memoirs for the family, are you writing a community cookbook, are you writing a book of regional interest or are you writing a national bestseller? All of these goals are valid, but each goal has different implications for your business plan. Know why you are writing and know that you can create that bestseller if that is your goal.

2. Treat publishing as a business. You are passing beyond the realm of author into the exciting world of publishing. You are not just a writer, you are about to become a publisher who wants to produce a profitable book, and you want to keep the profits for yourself.

3. Write a business plan. Being aware of the business aspect of publishing is not an end in itself – you need to formally write your plan. It does not need to be a fifty page document with every accounting possibility recorded, but it should outline all of the costs that you will encounter from obtaining the necessary funds to knowing the price of mailing a book. The business plan needs to account for future expenses as well as pre-publication expenses.

4. Plan for publicity and marketing. You must plan for the publicity and marketing of your book. You can have the best book in the world, but if no one knows about it, no one will buy it. You don’t want to print books that sit in your garage. You want to print books that will sell, sell, sell!

5. Write about a subject that you know well. Don’t write about something that you can’t talk about without effort. Write about a subject with which you are very familiar and that excites you. Writing the book will establish you as an expert in your field, so choose the topic that causes everyone you know to come to you for advice. The publicity will then be so easy that you will love being the “star”.

6. Know who will buy your book. So many authors think that “everyone” needs and should buy their books. Not so. Perhaps “everyone” needs their books, but not “everyone” will want to buy. Research and know WHO will actually WANT your book and market, market to them. They will buy!

7. Look for non-bookstore markets and do not be afraid of the large discounts. Bookstores are a hugely important market for most authors, but they are far from being the only place to sell books. There are many non-traditional markets that buy books in large quantities with no returns. This is a great market – sales made are guaranteed sales not consignment sales. Do not be afraid of the larger discounts when you make those large volume sales. The books you sell are actually SOLD.

Think how much more pleasant a journey is if you know which fork in the road will lead you to smooth driving and which fork in the road will lead you through potholes. Knowing the most effective publishing steps before you print will make your publishing career fun and profitable.

Copyright © 2003 Ink Tree Ltd.


Ink Tree Ltd. Helping writers publish, market and sell books! If there is a book inside you – profit from it. Learn everything you need to guide you from Idea to Book… to Success – the fast, easy, simple way. Publish your own book with one-on-one expert help from publishing professionals who have created numerous bestsellers and sold hundreds of thousands of books.


Phone: 1-866-500-8733 or 403-295-3898 Email: info@inktreemarketing.com


Web: www.moneyinpublishing.com or www.inktreemarketing.com

Ink Tree Ltd. is a book marketing firm that helps writers publish, market and sell books. Learn everything you need to guide you from Idea to Book... to Success - the fast, easy, simple way.


www.moneyinpublishing.com or www.inktreemarketing.com


info@inktreemarketing.com


7 Secrets to Explode your eBook Sales! - Part 2

by: Bluedolphin Crow

Secret #2: Creating your Marketing Timeline for Success!


Aho!

You can increase your sales and free time by creating your own marketing timeline. Marketing timelines are essential for all Internet businesses. They provide not only organization but a truly well defined goal sheet as well.

To understand your timeline is to understand your business. Can you really know where you are going if you don't have a goal? I think not! Can you really tell how well you are doing if you are not logging your results? I think not again! Can you really tell what your profit margin is at this moment and will be next month at this time without tracking your sales, goals and future plans?

Well I think you know my answer by now.

There is tons of internet marketing "How To" infiramtion online. However have you noticed very few people teach you how to organize your information? Well, now you will know.

My marketing timelines include: goals present and future, Action plans for today and tomorrow as well as next month, and last but definitely not least you have a sales tracker as well.

Ok. Now take out a sheet of paper, and for computer lovers, open up your word processing program.

Let's begin with our goal sheet.

On top of the page in BIG letters type:


Goal Sheet - Short Term

Now grab another piece of paper, or another page, and on the top of that one in BIG letters type:


Goals - Long Term

Next page write in BIG letters:


Action Steps - Short term

And another page in BIG letters:


Action Steps - Long term

One last page in BIG letters write: SALES

Now you have the foundation you need to begin really understanding your ebusiness as it grows and matures.

Grab a file folder, or on the computer, make a file folder that says: "Marketing Timeline." This folder will hold all your files.

Page one: Short term Goals: Make 3 columns.


Column 1: Date


Column 2: Goal


Column 3: Date completed Goal

Page two: Goals - Long Term: Make 3 columns.


Column 1: Date


Column 2: Goal


Column 3: Date Completed Goal.

Page 3: Action Plans short term: Make 3 columns.


Column 1: Date.


Column 2: Action Steps.


Column 3: Date Completed Action Steps.

Page 4: Action Plans - Long term: Make 3 columns.


Column 1: Date.


Column 2: Action Steps.


Column 3: Date Completed Action Step.

Page 5: Sales tracking - Make 3 columns:


Column 1: date


Column 2: Sales


Column 3: Continuing Total.

I can hear a lot of you out there groaning, "there must be a way to automate this!" and yes there is! However, I want you to do it manually when you first start your ebusiness. I have found that this will not only show you how you are doing and where you are and what has to be done to get to where you want to go. It also helps to seat all the information in your unconscious brain. Walla! Automating the Brain!

Really, I am serious. By doing this manually you will learn a lot more in the beginning and not have to learn it as you go along. For those of you that can't wait to automate, I have included links to a lot of automated services and software in my eBook: "eBook Marketing Secrets Revealed."

Have a great week!

Blessings

Bluedolphin Crow

Copyright 2004 Bluedolphin Crow - All Rights Reserved.

Bluedolphin Crow Ph.D. is a Native American with 6 years internet Marketing Experience and 20 years Sales and Marketing experience. The above article is an excerpt from her upcoming eBook: eBook-Marketing-Secrets-Revealed! To reserve your FREE copy before publication (A $49 value) send a blank email to: mailto:freeebook_16@sendfree.com


"How to eBooks - Free eZine: mailto:how_to_ebooks@sendfree.com


http://www.lostdazedandconfused.com


bluedolphincrow@yahoo.com

5 Steps To Help Fail-Proof Your Growing Service Business

by: Debbie Jenkins
Business startup and failure rates are scary...

In The USA...

- Every Year Over 1 Million
People Start A Business

- By The End Of The First Year 40%
Of Them Will Be Out Of Business

- Within 5 Years More Than 80%
(800,000) Of These Businesses
Will Have Failed

(Source: The eMyth Revisited, Michal E Gerber,
US Department of Commerce)

In The UK...

- 2003 Saw 423,100 New Businesses
In England & Wales Startup

- Over Half of All New Firms
Fail In The First 3 Years

- At Least 211,550 Of These
Businesses Will Have Failed
Before The End Of 2006

(Source: Barclays SME Market Research Team
England & Wales Statistics Based On Business
Current Account Customers)

Unfortunately more and more people are being encouraged to
go it alone by government agencies and banks while being
given out-dated advice that doesn't actually work.

The advisors in these organisations typically have
experience in larger production / manufacturing /
financial businesses and share marketing advice
that really doesn't work for the majority of
small service-based businesses today.

Their text-book marketing principles simply do not
translate to businesses with limited money to invest
in advertising, direct mail and telesales.

In many cases these advisors are telling people how to
run a business even though they're actually working for
a bank or government agency themselves. They have no
real experience spending their own money to grow a business.

Survival and inevitable success means being lean, mean and
focused on getting a genuine result (in the form of profit)
from the time and money you invest.

So here are 5 tips you can use to take
the power back and begin "fail proofing"
your growing business today.

#1. Question "Experts" Thoroughly

Be wary of government funded trainers
and / or advisors put forward by banks.

These people, in many cases, don't
have a clue what its like to run and
grow their own business. Make it your
job to "suss them out" before taking
anything they tell you too seriously.

Some questions that I like...

What's your experience of starting
and running a small business?

Have you actually spent your own money
trying to make a business work?

What mistakes have you made? What
lessons can I learn from your experience?

Will this advice / support / idea
cost me money or make me money?

Who really benefits when I take the
course of action you're recommending?

#2. Model Excellent Businesses

Now by this I don't mean simply
copy random things they do.

Just because the boss of a successful
firm like yours drives a brand-new Bentley
it doesn't mean you should rush out and buy
one too. That won't guarantee success.

You're looking to find the things
that she did in order to afford the
Bentley in the first place.

So find out as much about their
processes and systems as you can and
then look for evidence to support applying
similar things that work for them to your
business.

Subscribe to their mailing list. Visit
their premises. Talk to their staff.
Talk to their customers. Read their
ads (or notice that they don't advertise).
Network with them.

You can learn just as much from non-competing
businesses too. So why not set up a
support / learning group or see if a successful
entrepreneur would be able to mentor you.

#3. Have A BIG Goal

Big goals, by definition, should be easier
to hit than small goals. So don't think small
- think big.

After nearly 8 years in business I still like
to set regular, big, 90 day goals. I call
these goals SHAGs - Short Hairy Audacious Goals.

Too many businesses focus on surviving. They
think in terms of what they don't want. They miss
the opportunity to really succeed and then get
what they were desperately trying to avoid
- failure!

Focusing on what you don't want really doesn't
work. If you don't want to fail you should
focus on succeeding in a big way.

#4. Improve Constantly

Have goals and set targets. Know what outcomes
you want and quantify them where possible.

Then work towards your goals using the
following cycle...

1. Implement (Do Something)
2. Measure (Test & Review)
3. Improve (Learn & Adjust)

As my friend and firewalk trainer Sanjay Shah
says, if you simply improve by 1 percent a day,
you'll have improved 300 percent
(allowing for holidays) in a year!

#5. Don't Follow The Crowd

Look, we both know most businesses
fail so don't do what most other
businesses do or you'll get the same results.

Don't just advertise because every other
business seems to advertise. Make sure
advertising will make you money.

Don't just do telesales because that happens
to be the service your local Chamber of Commerce
is selling.

Don't measure turnover when profit
and cashflow is usually more important.

Don't take on staff just because other
businesses believe more people equals
growth. More people often just means less
profit!

Don't do the same thing, in the same way,
to the same people as every other business
like yours.

Do something different!

About the Author

4 Out Of 5 Small Businesses Go Bust
Inside 5 Years! Finally - A Guaranteed
Way To Make Sure You're Not One Of Them...
http://www.leanmarketing.co.uk/toolbooks