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Archive for the ‘Small Business Tips’ Category

Contemporary Furniture Expert, SmallBiz Owner & Blogger, Rebecca Malik, Talks to KikScore

Tuesday, April 13th, 2010

Today’s small business interview is with the President of DC-based, 17thandRiggs.com’s Rebecca Malik.  Rebecca holds a dear place in KikScore’s hearts for a number of reasons besides the fact that she is just a very cool person, but she is also one of KikScore’s very first customers late last year when we launched.  Lucky for us she is very happy with KikScore.  Well, enough about us…..Rebecca comes from a family of a long line of entrepreneurs.  She has recently been tapping into that entrepreneurial lineage by working on a line of shoes, getting 17thandRiggs.com designed, developed and launched and blogging for two woman’s based small business and lifestyle community websites.  From these experiences and especially from her work that she has put in at building an ecommerce site from the ground up, she has some excellent guidance for our small business readers.

1. Tell us about 17thandRiggs.com and who you focus on serving?

17thandRiggs.com features contemporary furniture, lighting and home décor.  We focus on carrying pieces that have sleek, simple lines and evoke a sense of space.  The pieces are also chosen because they work well in many types of décor – they are not hyper-modern or too formal.  I feel that our customers are people who love a sophisticated, modern look, and focus on the overall picture.  They realize that an accent piece is as important as a focal point.  Also, I may be biased, but I think our careful selection of furnishings ensures that prestigious interior designers turn to us for their furniture and lighting needs.

2. How did you get your started selling online?

I’ve shopped online almost exclusively for years and know how hard I would look for items that fit my aesthetic and that I knew were of high quality at a good price.  This site is truly a way for me to pick and choose items that I love and make them accessible to others.  Beyond that, my father actually started selling handmade fireplace mantels online years ago.  His ability to reach customers across the country from his small shop in Florida was eye-opening.  After I left my last job at an interior design firm, I decided to take my interest and passion for design, contemporary furniture, lighting and decor and launch an online store.  That is the way 17thandRiggs.com was born.

3. Where will 17thandRiggs focus most of its energy in 2010?

We will be honing our product lines to ensure we carry our favorite designs.  These are furniture and décor pieces that are high-quality, beautiful and a great value.  We will also be steering our efforts to create an even more specialized lighting category.  Our lamps and pendants are consistently some of our biggest sellers and with their broad spectrum of designs they are always such fun items to handle.

I will also be continually reviewing my business and my marketing plan.  I feel like that is something that every business needs to do on a regular basis.  Otherwise you run the risk of not being focused and not having an underlying theme to everything that you are doing as a business.

4. If you had 2 lessons learned from your business that you could pass on to others about selling online, what are those?

I would say to start out simply – don’t try to offer everything but pick items that make the most sense from an inventory/availability perspective and that are cohesive with your vision for your site.  That and SEO is key.  Integrate your keywords as you go along.  Small businesses like mine can spend forever trying to keep the product information on your site up to date let alone trying to update SEO information so my suggestion would be to do it well the first time around. Here is a post I wrote on the subject titled: How To: An Entrepreneur Improves SEO For Her Ecommerce Site.

5.  What are 2 new trends in your business this year?

Of course, anything eco-friendly is as popular as ever.  As far as new trends, I see people getting more and more adventurous with their lighting choices.  Fun pendants and table lamps are great ways to push the envelope in your décor without making a huge purchase.

For an overall business trend, I would say that outsourcing from a small business perspective.  But it would not be outsourcing as the “four letter” word we know it as.  This would be focusing your small business on your core skills.  Then getting experts, freelancers, consultants, and virtual assistants to fill out the rest of your business and support you as you grow your business.  I now source resources and support for website design, virtual assistants and marketing support from places like Craigslist and Elance.  But you have to be careful and rigorously interview these folks before they are hiredbecause they will never care about your business and your customers like you do.

6. How have you used social media tools like Twitter, Facebook and your blog to help 17thandRiggs?

For me, Twitter has been a great way to learn about other organizations and companies out there with similar or complementary businesses.  It has also been a great place to get leads and also converse with other small businesses. My blog  (https://blog.17thandRiggs.com) has been a unique way for me to process things and continually think big picture regarding my business and the 17thandRiggs.com brand.  Sometimes having to hone into choosing a topic for an article forces you to think about the direction you are heading in and evaluating whether it fits your overall vision of my website, the business and my brand.  That can be very beneficial, especially when your business is at a crossroads.

I have also had the honor of being a guest contributor at the woman’s entrepreneur, startup and small business community site called  Women Grow Business that has been run by the super awesome Jill Foster and Shonali Burke (though I have been on a short hiatus lately since my lovely daughter, Asha, was born at the end of December!)  I recently started contributing to LVC Mag, a woman’s lifestyle community. Guest blogging has been a great experience for me and a nice way to connect and network with other entrepreneurs.  I recommend it for small businesses, especially those that are just starting out.

7. Do you have any parting thoughts?

As this is an interview for KikScore, it makes sense to touch upon my thoughts on the KikScore seal here.  I appreciate that it is a centralized way for customers to share thoughts about my business.  I also think the information they compile provides a fair and verified representation of my business to visitors of 17thandRiggs.com.  As a regular online shopper, I feel that combining financial and management information, website history and polices coupled with interactive customers’ reviews is a genius way to prove that you are a reputable company to deal with and give shoppers a good idea of what they can expect from the experience.  I also think the level of transparency it provides is invaluable in instilling confidence in visitors to our site and helping us convert them into customers.



We want to thank Rebecca for this interview. If you have any specific questions for Rebecca, please leave a comment and we will make sure we get them answered.  Also just for full disclosure, Rebecca somehow married one of my partner’s in KikScore, Raj.  My wife and I wonder every time we see Raj & Rebecca, what was Rebecca thinking!!!

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Archive for the ‘Small Business Tips’ Category

10 Leadership Traits and Skills Needed at a Startup & Small Business: Part 2

Friday, April 9th, 2010

This is the second in a two part series on leadership traits and skills that can help increase the chances of startup and small business success.  We discussed the first 5 leadership traits in a recent post. This post covers the next 5 skills.

There are literally thousands of books and probably many more blog posts on how to succeed in a start up or small business.  There are some great sites solely devoted to these topics like the Small Company Blog and StartupNation. Books on leadership in business are also everywhere including ones by like Jack Welch’s Straight from the Gut and Jim Collins who wrote Good to Great and Built to Last. This posts, however, actually tries to bridge these two areas and discuss leadership traits and skills that can help a startup or small business succeed.

In my time at Kikscore and also in conversations with friends, contacts and folks I have met at conferences like SXSW, there seems to be a consensus that the following traits really can help bolster your company:

6. Always Think about Costs:  Spending too much money too fast can kill your startup or small business. Paul Graham, a partner at well-known incubator Y-Combinator lists the failure to control costs as one of the main mistakes that can destroy your business. So it is critical that a startup or small business constantly be thinking about the costs of running their business.  This may sound like it is obvious, but I have found myself at times just saying with our startup – “We can afford that, lets go for it!”  That is dangerous thinking because if that thinking takes over your business, before you know it the business is bleeding money. So instead, for every expenditure a leader needs to ask: 1) Do I really need to spend this money?;  2) Is there a cheaper way for me to accomplish the same goal? and 3) What do expect to get out of this investment?  Then its also important to follow up and assess whether the money was in fact well spent after the fact.  Check out this post on 16 Strategies for Cash Stapped Businesses by Marissa Levin at the Women Grow Business Blog for help in this area. Also check out these 10 Money Saving Tools for Small Business.

7. Be Accountable and Demand Accountability: For startups and small businesses, it is easy to avoid accountability because teams are small and if something does not get done someone else steps in to pick up the slack.  But this lack of accountability can decrease morale, create tension between partners and lead to the business not achieving its full potential. Therefore members of startups and small businesses need to create a culture of accountability for both themselves and the team.  Amber Riviere writes at WebWorker Daily that an Accountability Partner is a good way to make sure you stay on track for your own goals.  Startups and small businesses need to make sure that each teammate serves as an Accountability Partner to each other.  Therefore you can demand accountability for yourself and also across the team.  This skill is also intertwined with Trait #2, Take & Give Feedback! Accountability goes hand in hand with accepting feedback.

8. Have Clear Milestones & Objectives for the Business: The accountability that we just discussed has to be based on something.  It based on clear goals, milestones and objectives for the startup or small business.  As we have covered before, these items are key to keeping a company focused.  The milestones and the objectives, if clearly defined, also allow the various members of a startup or the small business to stay on the same page.  As the Small Company Blog discussed in a recent post, all of this is critical in order to maintain a shared vision of the company.  It is the role of the members of a startup or a small business to measure everything that they are doing for the company against these milestones and objectives.  Even more importantly, it is critical that company goals are reviewed and appropriately updated to take into account new business opportunities or changes in market conditions.  A static set of milestones and goals can be just as deadly as none at all!

9. Over Communicate: In large companies, its almost a staple for managers to be trained to over-communicate to their staff, especially in times of change.  On the flip side, startups and small businesses can slip into the path of having information remain tightly held by founders and owners.  This is one area where startups and small businesses should strive to do exactly what management gurus recommend.  Communicate.  Communicate. And keep Communicating!!! To who you may ask?  To everyone.  Communicate with fellow partners and employees in the company.  Communicate with vendors, partners and outsourced contractors.  And finally, go well beyond so you over-communicate with your customers.  When in doubt, pick up the phone and call or email and check in with your customers. The ability to communicate is critical to a success of a leader at a startup or small business.

10. Always Seek out Guidance:  As a startup or small business owner you should come to grips with the fact that many people have been in very similar shoes as you are.  So why not seek out guidance from those other people about the challenges you face?  Chances are they may have faced the same challenges that you are dealing with right now. Paul Mullan at Bloggertone uses the great saying in a post ““To know the road ahead, ask those coming back” when imploring people to Ask For Directions! The lesson from this is tap into your network and your friends of friends.  At KikScore, we found out first hand that not only does our network help us out with guidance but through a simple 15 minute conversation with a close friend, we discovered a whole new channel opportunity for us.   Startup and small business leaders should not be shy to talk to their contacts in order to get feedback on any assortment of items including strategic goals, marketing, partnership opportunities, management challenges, expansion of operations, hiring and a whole host of other items.  All you have to do is be motivated enough to ask for the guidance!  You will be surprised with how many people will Pay it Forward!

11.  Lose the Ego: This is a quick bonus trait.  As startups and small businesses grow, the dynamics of a team change.  The dynamics of the leadership and management also change.  Often the change can be traced back to growing egos, needs to claim credit and demanding recognition.  Leaders should do everything to lose that ego.  In the end, if they are selfless in their acts and are focusing on making sure they are doing what is truly right for the business and putting aside their ego, that will help the management and the company ease that transition to a more successful and growing startup or small business.  Also it will save the business from the perils of dealing with egos and all of the baggage that is typically created from dueling egos or a super ego in the company.

So these traits and the skills we covered in the first part of this series are some of the key characteristics I have seen in my experience.  Of course, these traits and skills are not the only traits you need for success.  So please tell us what you think about the traits and skills you have seen in successful startups and small business.

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Archive for the ‘Small Business Tips’ Category

The iPad is iCrap

Wednesday, April 7th, 2010

Let me just start by saying that I fully admit that I am a “gadget guy”.  I love having the latest gadget that can make my life easier and/or more efficient.  Let me also start by saying that I think that Apple is a great company that has made some innovations over the last decade that have single-handedly advanced technology and changed the way people live their lives.

Let me continue by saying that I believe that the newly released iPad from Apple will not be nearly as successful as the iPod, iPhone, iPod Touch, or even the iMac.  There is no place in my life for the iPad…believe me, I looked…I just do not have a need for a device of this size at this price with it’s current capabilities.  Everything that I can think of that I might want to do on the iPad I already do on either my smart phone or my laptop.  I would also argue that my smart phone or my laptop are more appropriately equipped to do those things as well.

If I wanted to send an email while I was on the train I would go straight to my smart phone…it is more compact and can connect to the Internet through a mobile hot spot or a cellular connection.  Why would I want an iPad to do this?  Not only does it only connect to the Internet through a wi-fi signal (unless you add a data plan from AT&T for a monthly cost) that I may not be able to get on the train, but it is also the size of a text book so I can’t hold it in my pocket.

If I wanted to work in Microsoft Excel I would use my laptop because the screen is larger and I can easily edit the spreadsheets using a full size keyboard and the processing power of the latest laptop chip set.  Why would I want an iPad to do this?  The screen is smaller so I would have to scroll all over to find things, I have to type out letters using a smaller touch screen keyboard, and the processing power isn’t that of my laptop.

Sorry Apple, I really tried but I just can’t legitimize throwing down $500 (and up) for the iPad just so I can read an eBook in color, assuming that I would even rather do this on the iPad than on the Kindle from Amazon that also already has received rave reviews, is $240 cheaper than the iPad, and is already readily used and supported in the eBook industry.  I hope all of you Apple supporters out there don’t hate me for saying these things…remember, Apple has had other minor failings in the last decade, the Apple TV player (iTV must have been taken) from a few years back comes to mind, so it isn’t unheard of.

Again, this is just one person’s opinion, let me know if you think I am wrong!

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Archive for the ‘Small Business Tips’ Category

Master Head Shaver & Founder of HeadBlade, Todd Greene, Give Us Small Business Pearls

Friday, April 2nd, 2010

Do you like a clean shave?  No, I am not talking about on your face or your legs.  How about your head? I came across HeadBlade on Twitter late last year.  For those of you who do not know who or what HeadBlade is it is only the global leader in head shaving razors and headcare products for head shavers. HeadBlade  offers its head razors and related headcare products on its website and in more than 25,000 retailers, including Walgreens and Rite Aid. Company President Todd Greene founded HeadBlade for head shavers who adopted the look as their chosen lifestyle. Some well-known Headbladers include Deal or No Deal host and former doctor from St. Elsewhere, Howie Mandel, American Idol star Chris Daughtry and 2009 British Open champion Stewart Cink.  Todd not only is the founder and President of Headblade but is also a blogger for The Huffington Post.  Swing by the HeadBlade website to see the Picture, User and Letter of the month from happy Headbladers.

Todd took some time out to answer questions and give us his take on HeadBlade and growing a business.

1. Tell us about HeadBlade and who you focus on serving?

The original HeadBlade was designed in 1999 and was the first razor designed for the scalp.  Ten years later we’re still the only company that makes and sells razor and headcare items for people who shave their heads.

2. How did you get your started selling online?

I came up with the concept in 1997 and it wasn’t until 99 that I brought it to market.  Since I had little start-up funding (think family and friends) I had to do everything myself.  I didn’t have any experience with wholesale and since my first production run was 1,000 units, I was not producing on a large enough scale to consider major box retailers.  And the costs to go into them are very high when you consider the margin is fairly low, you have to pay for sales and rep group, you’re responsible for shipping/returns/damages, plus slotting fees.  Really the internet was my only option at the time.  Since I had worked as an artist for software companies in Seattle, and had experience working for both GeoCities and ESPN.com, I realized the value of creating and website and selling direct.

3. What inspires you to grow the HeadBlade business?

HeadBlade is a my passion.  Essentially I created the better mousetrap.  I had been shaving my head since 1992 and there was no company that spoke (or sold) to the demographic.  Eventually I designed and made prototypes.  Once I went through the patent process, and realized none of the large companies were interested in my idea, I decided to go it alone.

4. If you had 2 lessons learned from your business that you could pass on to others about selling online, what are those?

The first is that everything takes longer and costs more than you originally plan.  I’m not talking Murphy’s Law necessarily, but pad your calendar for unforeseen disruptions. The other is that the customer is always right.  If someone sends you an email complaining about shipping costs, or items out of stock, etc; take a deep breath and realize you can empower them and give them a very positive opinion of your company.  Word of mouth is huge, especially with all the networking sites, and nothing is better than great word of mouth.  Just ask anyone who has written or read a restaurant review on Yelp!

5. Where will HeadBlade focus most of its energy in 2010?

We are focusing on social networking sites, our affiliate system, and new product development.

6. As we start 2010 what do you see as 2 new trends in your business?

The large razor companies, Gillette and Schick, are rolling out new versions and the emphasis is now on a comfortable shave, not the number of blades.  This is huge for HeadBlade because we were never part of the razor wars; we’ve been making ergonomic shavers and headcare for guys that shave their heads.  Now that the cold war is over everyone can focus on what makes a great shave; and our design and headcare products are both performance and price competitive.

7. If your business/store could be any movie or movie character, what movie/movie character would it be and why?

We have a great company and very cool culture, especially since we make head shaving products.  Think Die Hardmeets Office Space.

8. If HeadBlade could have a dream spokesperson for your company who would it be and why?

Michael Jordan.  He broke down so many barriers and even dropped an endorsement deal with a haircare company to shave.  I’d like to say Gandhi would have been great but not sure if he wanted to be so commercial.

9. What is the biggest challenge that HeadBlade faces as a small business and how do you work to overcome that challenge?

Our biggest challenge is getting to the Tipping Point as Malcom Gladwell would put it.  People still don’t know about us.

10. Do you have any parting thoughts for our readers and the small business community?

Read “Dream” by Paulo Coelho.  Then go for it.  Oh, yeah, everyone should shave their head at least once in their life.  Use HeadBlade when you do.

We at KikScore would like to thank Todd and HeadBlade for giving the community his thoughts on the small business experience.  If you have questions for Todd, please leave them in the comments below.

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How you respond to customer issues is important… anyone can be reading!

Wednesday, March 31st, 2010

While researching a couple of issues from a recent KikScore customer signup,  the importance of a quick and informative response to current and would be customers became critically evident.  As a small business, you need to educate your customers so they have confidence in the product you are providing, and also share information in layman’s terms to alleviate confusion and not tech-speak your customers into oblivion.

I struggle with this balance while straddling the technical and marketing role at KikScore (and in my day job too).   Your customer base doesn’t share the in-depth knowledge that your team has on the inner-workings of your system, and thus you need to take a step back when responding to a customer inquiry/issue and put yourself in the customer’s shoes.   This entails not only empathizing with the issue at hand, but also providing deeper context surrounding the potential resolution/fix to the customer’s concern and conveying that back to them in a timely and informative manner.

In the world of social media today, any response you share with customers (and prospects) can (and most likely will) be posted or passed along the internet waves and will have an impact on not only the legitimacy of your business/product but also on its future branding potential.

SocialSmallBiz is doing a series on customer support and social media and the intertwining of each.  A fantastic quote to live by, for ANY small business owner “It Takes Months to Find a Customer… seconds to lose one”

How do you handle your customer inquiries and responses?  Please share your best practices and lessons learned with us.

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Internet Crime Report Finds 22% Increase in CyberCrime Complaints

Monday, March 29th, 2010

The Internet Crime Complaint Center is a partnership between the National White Collar Crime Center and the Federal Bureau of Investigation (FBI) and is set up to receive complaints of crime on the internet. The Complaint Center is known as IC3 and annual issues a report notifying the public of trends that they see in complaints that they have received from the public about cybercrime.  IC3 received complaints across a wide spectrum of cybercrimes including online fraud, computer intrusions and hacking, theft of trade secrets, identity theft and international money laundering.  The 2009 Internet Crime Report was just published in mid-March 2010 and  here are some of the key findings:

1) There was a 22% increase in cybercrime complaints in 2009 compared to 2008 (336, 655 total complaints)

2) More than a half billion dollars in monetary losses were reported in 2009 – $559.7 million – from cybercrime

3) The top 5 categories of reported offenses from victims were: a) non-delivered merchandise(19.9%); identity theft (14.1%), credit card fraud (10.4%), auction fraud (10.3%) and computer fraud (7.95%).

4) Of those victims that reported monetary losses from the cybercrime, the mean dollar loss was $5,580 and the median was $575.

5) The vast majority of the complaints were made from the United States, but IC3 received complaints from victims in Canada, the UK, Australia and India.

6) The perpetrators in the United States tended to reside in the followings states: California, Florida, New York, the District of Columbia, Texas and Washington.  A number of perpetrators were also alleged to have been in the UK, Nigeria, Canada, Malaysia and Ghana.

What does all of this mean?  All of this reinforces that online shoppers must remain vigilant when they shop online.  Cybercrime is only increasing.  We have covered in previous posts 5 Steps for a Safe Online Shopping Experience.  Shoppers should familiarize yourself with these and other steps to keep you safe online.  The Ic3 also listed a good resource at www.lookstoogoodtobetrue.com that consumers can look to for consumer alerts, tips and fraud trends.  Separately, we have also given online sellers guidance as well on ways that merchants can build, demonstrate and increase trust for their website visitors so they can sell more.

We imagine cybercrime will only continue to grow and so we must be prepared to combat it by demanding transparency online and arming ourselves with information and safe shopping tactics so we do not become another victim.

Please tell us what you think of the 2009  Internet Crime Report and these statistics.

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10 Leadership Traits and Skills Needed at a Startup & Small Business: Part 1

Friday, March 26th, 2010

This is the first in a two part series on leadership traits and skills that can help increase the chances of startup and small business success.  There are literally thousands of books and probably many more blog posts on how to succeed in a start up or small business.  There are some great sites solely devoted to these topics like the Small Company Blog and StartupNation. Books on leadership in business are also everywhere including ones by like Jack Welch’s Straight from the Gut and Jim Collins who wrote Good to Great and Built to Last. This posts, however, actually tries to bridge these two areas and discuss leadership traits and skills that can help a startup or small business succeed.

In my time at Kikscore and also in conversations with friends, contacts and folks I have met at conferences like SXSW, there seems to be a consensus that the following traits really can help bolster your company:

1. Embrace Wearing Multiple Hats: Small businesses and startups have in their fabric that they are resource constrained. As a result startups and small businesses that often succeed are the ones where the owners are comfortable juggling multiple tasks that may straddle finance, marketing, technology, customer service, operations and business development. But even more importantly the owners need not just embrace the multiple hats, but also at the very same time constantly be thinking two to three steps ahead to determine when is the best time:  a) that you need to switch hats and put on another operational hat or b) when you need to put on a brand new hat in order to ensure success in a certain area of your business.  At early stages of startups and small businesses, the ability for owners to successfully wear these different hats can even determine whether a company survives or fails.  This trait also dovetails with the fourth trait below because it is also important to know when to put down the hat and instead hire an expert.

2. Take & Give Feedback: Owners and leaders in startups and small business need to embrace literally 360 degree feedback.  This is feedback from customers, from vendors, partners, investors, fellow employees, their management team and even their own families!  A continuous feedback loop from all of these parties ensures that you, your business, your product, your team and your partners are having an open and transparent conversation to put your business in the best position for success.  Instead of shying away from feedback, encourage and embrace it especially from your team and your customers.  At first it may be uncomfortable but in the end if you have some level of detachment and a lack of sensitivity/insecurity to others’ comments you can really grow yourself and become a better leader.  Continual feedback from your customers is also critical for building a great product that customers cant get enough of and keep buying!

3. Focus and Refocus: A startup and small business pulls owners and management in many directions.  As a result, it is very easy to lose the focus of your company and your plans for growth because you let other external factors drive your focus.  It is imperative to have a focused set of objectives/goals for the company.  But as a company you need to do more than just have these objectives/goals.  The best startups and small business keep these objectives/goals in the back of their mind in every action they take.  Even more importantly, they measure what they did yesterday, are doing today and will do tomorrow against these objectives/goals.  That is why it is critical that on a regular basis that startup and small business management track progress of the company and day to day tasks against these objectives/goals. Only by doing this will you be able to have a core focus and also continually make sure you refocus on the most important objectives for the business.  We outlined the importance of keeping your startup focused in a previous post here as well as methods to maintain that focus here.

4. Hire and manage outsourced resources: While your role in the startup or small business may be to wear many hats, a critical job is to know when its time to call in an expert in a certain operational area.  When it is clear that you need assistance for product development, marketing, strategy, customer service or even back office operations, its time to outsource.  Outsourcing can save you valuable time, money and help you focus on your core operations and goals of growing your business.  While you focus, your outsourced vendors can step in and help you. But too many outsourcing arrangements fail.  It is not enough just to hire a vendor to perform an operational function for you.  It is critical to the success of your business that you set expectations, train, and create defined deliverables that your outsourced vendor can understand and meet.  It is imperative to set clear expectations, actively manage the outsourced resources and continually measure the value the vendor brings to your company.  In the hiring and managing of these resources, you have to be comfortable with quickly and decisively terminating outsourced vendor relationships that are not working.  Here are a few tools you can use to help manage outsourced technology developers.

5. Be a Great Teammate: Startups and small businesses are only as good as their respective teams.  Therefore the team dynamic is instrumental in business success.  As a result for your company, it is imperative that you support your teammates and you continually deliver great results in your role on the team.  But that is not enough.  Great teammates are the ones that go far beyond what is expected and are relentless in their pursuit of a great product and phenomenal customer experience.  They step in and fill voids when they may exist but the void is actually not readily apparent.  These teammates think two, three and sometimes four steps ahead and take on the responsibility to address the issues that will come up down the road.  The best startups and small businesses are the ones where the teammates continually push each other so that they can each grow to make each other better.  That in turn makes the company and the product better.  Great teammates also mean your fans and customers are happy!  For tips on building the right team check out this excellent post on that topic.

Look out for Part 2 in this series that will be published next week.  Until then, please tell us what you think about the traits and skills you have seen in successful startups and small business.

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How Are These New Fangled Two-Way Walkie Talkies Going to Effect My Small Business OR…Holy Cow Mr. Spacely, These New Smart Phones Belong on The Jetsons!

Wednesday, March 24th, 2010

Yesterday at the International CTIA Wireless conference in Las Vegas, Sprint announced that they are releasing the first 4G-powered cell phone, the HTC EVO 4G, in the United States this Summer.  4G is the next generation of cell phones that all the major wireless carriers will be releasing in the 1-2 years and they are called 4G because they are supposed to be the next generation of phones able to transmit data 10 times as fast as the currently available 3G phones.

I know what you are thinking, “Big deal, sounds like another iPhone techy thing that won’t impact my business for a few years down the road.”  Well, maybe…but maybe not. Up until now a lot of the really data intensive applications for cell phones have not been able to efficiently run on the existing cell phone networks so many people have only been able to use them while they are at a wi-fi hot spot or at home on their own wireless network.  This 4G technology may very well change all of that.  Here are a few game changing technologies and applications that these 4G phones are going to make possible in the next 3-4 months:

Video Cell Phone Calls – Not only is there an HD quality 8 mega-pixel camera on the back of the phone but there is also a 1.3 mega-pixel camera on the front of the phone so users can speak into the phone and view video while also transmitting a video of themselves to others.  Video phone calls from home still haven’t really gone mainstream and video calls from current 3G phones isn’t really possibly because of data latency but this could very well bring video phone calling to the mainstream public.  How would this change your business if consumers started expecting you to answer with a video phone in your store?

Google’s Goggles (Picture) Search – Google just introduced their new Google Goggles search with the new HTC EVO 4G smart phone.  This new search technology for the Android operating system allows users to take pictures of objects and then the web browser on the phone automatically searches for information about the object in the picture.  If you are drinking a bottle of wine and wonder what part of California the grapes are from…take a picture of the label and Google will automatically search for that information for you.  This could be an extremely useful technology for small businesses to take advantage of while also driving additional traffic to their site when consumers search for their products using this new search technique.

4G Mobile Hot Spot – Another game changing technology that this new Sprint smart phone is bringing to market is the ability for up to 8 other devices to use the HTC EVO 4G phone as a wi-fi hot spot to connect to the Internet.  In your car with your laptop and need to get online to check your email or the latest football scores?  What would normally be impossible without a wireless modem or other device is now possible with your smart phone in your pocket!

Finally, as a follow-up to a post I made here a few months ago, I have finally decided which smart phone to purchase as my first step into this market…can you guess what it is going to be?

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Archive for the ‘Small Business Tips’ Category

The New Health Care Plan: Does Anyone Know How This Really Impacts Small Business?

Tuesday, March 23rd, 2010

Whether you’re for it or against it, the new health care law that was just passed is a big deal.  What was a patch-work of state and federal laws focused on certain groups has been replaced with an entirely new system (unless you’re from Massachusetts, and then it’s pretty much the same as what you’ve been experiencing for the past several years). 

As any American does, regardless of my ideology, I started to wonder how does this new bill impact me (and KikScore).  Now KikScore is unique in that each team member is an owner (meaning we don’t have any actual employees), and most of us have day jobs that cover our health insurance.  But as we grow (in terms of hiring employees or having team members work full time on the company), that’s when this new law will be relevant.  In trying to understand the actual impact of the laws, I’m really left with two choices: (a) read the actual bill (which is unbelievably long); or (b) rely on a summary from a group or groups that have a vested interest in pushing me one way or an another in how to view the bill.  In other words, I haven’t a clue how this will actually impact small businesses.  According the White House, it will allow small businesses a $3500 tax credit for each employee.  According to those opposed to the law, it will act as a large drain and penalizes small business owners (who can’t afford to cover the employee insurance cost). 

I found a good articleon the new law in the USA Today…you’ll note that it’s a question/answer type of article and the small business owner starts off with “I think the new health care law stinks”.  Ok, so he’s definitely taken a position.  I won’t summarize the whole article, but it does point out: (a) health care for small businesses will become more affordable (as the new system creates bigger buyer pools for the insurance; and (b) the penalty for not buying insurance doesn’t affect those businesses with less than 50 employees. 

I’m still fuzzy on what this new law means to Small Business owners, but if you have any better understanding (or just plain feelings on the topic), please feel free to share.

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Archive for the ‘Small Business Tips’ Category

KikScore Interviews Name.com – Local Denver Domain Registration Company

Monday, March 22nd, 2010

I stumbled upon Name.com about a month ago while researching local small businesses.  They are a close knit team that is very active in the Denver community and show a strong passion for small business and teamwork.  Lesley Yarbrough, the Community Manager of Name.com shares with us their exciting story.

1. Tell us about Name.com and who you focus on serving?

Name.com was founded in 2003 by Bill Mushkin, who previously founded Mushkin Enhanced. Our office is located in gorgeous Denver, CO in an old building that was part of Lowry Air Force Base.   Name.comis comprised of an awesome  and diverse group of people working hard to create innovative tools and provide our customers with the best service possible.

Really we focus on serving three different groups:

  • Retail customers
  • Small to medium sized business and startups
  • Domain investors or “domainers”

2. There are a lot of domain sites out there.  How does Name.com differentiate from the competition?

We try to provide the best search tools we can to help our customers find the right name for their needs. For instance, our Domain Suggestion tool  is very unique in that it not only provides our keyword suggestions, but also Internationalized Domain Name (IDN) translations and Google Keyword suggestions. We also offer over 50 extensions for registration and awesome, personal support for all of our customers.

3. Where will Name.com focus most of its energy in 2010?

A lot of our energy in 2010 is going to be focused on reaching out to our community and establishing more of a local/regional presence here in Colorado. We’ve recently hired a Community Manager to help us with this effort. We also want to focus on improving our search capabilities and providing more value-added products to our customers.

4. If you had 2 lessons learned from your business that you could pass on to others about having an online business, what are those?

Try new ideas and act on them quickly, because if you don’t someone will beat you to the punch. Also we’re working to create more strategic partnerships and “acting quickly” can be applied to that as well.

5. As 2010 begins, what do you see as 2 new trends in your business this year?

IDNs are pretty popular in the investor community and we see those becoming more mainstream this year. We think we’ll also start to see a higher adoption rate of alternative extensions (.TV, .MOBI, .IM, .TEL, etc.) as fewer .COM and .NET domains are available.

6. If your business/store could be any movie or movie character, what movie/movie character would it be and why?

Honestly, the first thing that came to mind was The Big Lebowski .  We’re genuine, laid back, and we can get the job done. The Dude abides.

7. If Name.com could have a dream spokesperson for your company who would it be and why?

Why Gary Vaynerchuk of course! We’re huge fans of Gary in our office, we love his passion, his hard work, and his honesty.  We take what he has to say to heart and try to crush it every day. He actually did a personalized video for us recently when we ordered a bunch of his books for a promotion.

8. How do the folks at Name.com let loose after a busy day working?

We’re a diverse bunch, so we let loose a few different ways. Being located in Colorado we have access to great biking, hiking, skiing, and all that fun stuff. We have a ping pong table in our office and sometimes we’ll have tournaments, so there’s a bit of friendly competition going on. We also do a weekly web show called Beer Fridays.

9. Do you have any parting thoughts for our readers and the small business community?

Work hard, show your customers you care, and keep on rockin’!

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