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Entrepreneur Smarts: Don't be Shoemakers' Children!

January 19, 2016 Melanie Hawken

“I must have made a mistake”, I thought, “this company has been written up in the Wall Street Journal as one of the most exciting startups in audio technology.  This cannot be their website”.  But it was their site.  A site that looked like one created in the 1990’s.  Doing damage to their image every day.

 
 

I see this all the time among the companies I mentor as well.  A high tech company with a scruffy website and badly designed business cards.  “Yes, we’re shoemakers children”, they say with an embarrassed smile.  Sadly most of these companies are unaware of the great, inexpensive tools they could use to present an outstanding image.

 
 

We’ve been talking about how to provide a winning “whole product” using the “flower” strategy (surrounding your core product with world class services).  Last week we looked at excellent internal systems.  This week we’ll look at superb systems and ideas for

  • Your website
  • Twitter
  • email branding
  • business cards
  • email newsletters
  • presentations and demos
  • brochures

Your website

If you’re not especially computer literate and want a really easy inexpensive service that can give you a great site, use Weebly, which will cost you nothing if you don’t mind a small promotional line at the foot of each page, or $4 or $8 pm for more advanced plans.  Weebly powers more than 12 million sites on the Internet and comes with a wide range of themes, all of which can be modified.

If you want a drop-dead gorgeous site that looks extremely professional (and expensive!) use Squarespace, which is especially well suited to photographers and graphic designers who need a beautiful site to showcase their work. Note that their user interface is a bit more complex than Weebly (you might want to get their For Dummies Book).  Squarespace employs over 100 people and has taken in $38m in venture capital.

If you have a gallery of stunning images on your Squarespace website, they also provide a free standalone iPad app for showcasing those images. Squarespace costs $8 pm for a twenty page site, or $16 pm for unlimited pages. Both my KoiStrategy and Diary of a Change Agent sites are done with Squarespace.

 
 

Another solution you may want to explore is ViGO which has a beautiful, easy to use service.

 
 

If you need great images for your site (or email newsletters, or brochures) there is a superb choice of affordable royalty-free images at CanStockPhoto or iStockphoto (most of the images in my KoiTips come from them), and you can sometimes find good free images at Stock.XCHNG.

Finally, please read this excellent free ebook by Seth Godin before planning your site…

Twitter

 
 

Make sure you have a Twitter account and post to it regularly. (I post as @NeilHinrichsen and also have a set of special accounts for my focus areas like cities, agriculture, BoP, education, and technology).

 
 

Make your tweets stand out by including images wherever possible. And keep an eye on Twitter Cards and Vine, these are going to be big going forward…

Email branding

 
 

Make sure to have a simple, elegant signature at the foot of every email you send out, that shows your websites and Twitter account etc as well. Avoid overly elaborate systems that show your information in an image, as not all email clients are set to display images.

WiseStamp automates creating signatures for Gmail, Google App’s, Yahoo! Mail, Hotmail and many others, and you can easily do this yourself inside Gmail. And if you want to convey a strong visual image with your emails, RocketSeed allows you to place a beautiful visual bar at the head and foot of every email with refreshing images and clickable links.

Business cards

 
 

You cannot believe how often I meet entrepreneurs, ask for a business card …. and they don’t have one!!!

Make sure you always have cards with you (tip: keep some inside your cellphone cover).  If you can come up with an eye-catching design all the better. If you can’t afford a designer, MojoSoft have a brilliant business card design program for Windows that I use, and there are several programs for Mac (here, here and here).

Email newsletters

A classy, regular newsletter is a great way to stay in touch with your clients.

Use Mailchimp to lay out and send beautiful newsletters, which won’t cost you a cent until you have more than 2,000 subscribers.  (This newsletter is done using Mailchimp).  Make sure to have a sign-up form for your newsletter prominently displayed on your website on lots of pages.

Presentations and demonstrations

Use SlideRocket online or the free Haiku Deck on an iPad to create stunning, fresh presentations (and pick up some tips from this book).

 
 

Need to do demonstrations of your system?  Never do live demos!!!  Use a UI wireframing design tool like ForeUI, Balsamiq, DesignerVista or POP to both design and present your application, whether it runs on the web, desktop or a phone.  You can lay out all your screens in one of these apps, and then link them together with if-then logic (many people who watch one of these demos are convinced it is a real application).

Brochures

Serif’s PagePlus is an outstanding program that for laying out brochures on Windows that is half the price of most DTP programmes, and there are several similar programmes for Mac.  (PagePlus tip: watch the excellent tutorials first - DTP programmes work very differently to word processors).

If you want to create an eBook, programs like Scrivener allow you to edit your book and then export it to a variety of formats such as PDF, ePub and Mobi (for Kindle).

Need more help?

As well as providing strategy consulting I also do brand development for many companies.  I’ve created the brand names for companies like GoMetro and Seeing Swans, have developed simple, powerful explanations of complex systems and designed brochures for clients.  The University of Pretoria’s Continuing Education division offers my StorySelling workshop to their corporate clients and have used me to train all their marketing staff.

Give me a shout if you need creative input on any of the above areas, as I’m always keen to help people who are working…

 

Neil Hinrichsen is the founder of Koi. An entrepreneur all his life, Neil has cofounded two startups both of which were acquired, and is now working to develop the next generation of entrepreneurs in SA through his Koi platform, comprising a methodology for startups, classes, coffee sessions, mentoring, the KoiTips newsletters and a thriving online group.  He loves working with young entrepreneurs who want to change the world.  Neil also helps Microsoft with their BizSpark programme for top startups, provides mentoring at the Innovation Hub and other incubators, consults with corporates, advises the CSIR in South Africa on commercialising research, is an accredited specialist with the University of Pretoria and serves on the advisory board for Stellenbosch University's LaunchLab incubator. On the personal side he's involved in youth ministry and mentoring township teenagers. Learn more about Koi:  KOI GUIDE | EMAIL neil@koistrategy.com

 

Read more articles by Neil....

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You have a great idea and have developed a product.  Now you want to protect it. When I ask entrepreneurs how they will do this, they usually talk about patents and continually improving their technology. They're focusing on the wrong thing - the tip of the iceberg only.

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Successful entrepreneurs are usually working on three horizons at once: 1. the now - their current products for the current market; 2. the next - products for emerging markets; and 3. the nascent - thinking and working towards the far future.

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Every month I see startups who are failing because they have not evolved. Every startup ecosystem goes through three distinct stages. Startups that do not evolve to fit each stage will die out. So what are these stages?

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It is essential for every entrepreneur to keep “scanning the horizon” - seeing what is new in technology, business, and society as a whole.

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I encourage beginning entrepreneurs to rather tackle small, achievable projects first.  This allows them to rapidly gain a full set of skills across a complete project, as well as building up contacts, credibility and confidence - rather than getting bogged down, and run down, working on an huge endless project.

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Many startups become isolated and insular, focusing on their product to the exclusion of all else - like the squirrel in Ice Age, who is so preoccupied with his nut that he never really interacts with any of the other animals.  This is not good, or healthy.  These startups are cut off from the support, camaraderie, flow of ideas, and connections that can prove so vital to a product’s success, and from a vital source of ideas for new offerings.

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I've been spending lots of time with new startups, from pro bono mentoring to judging pitches at the competitions.  Lots of the ideas sound plausible but often suffer from a fatal flaw - the numbers have not been done.

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How well do you understand the ecosystem in which you are working?  What will happen next in this space?  How will the forces shaping it affect your venture?

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August 7, 2016
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ENTREPRENEUR SMARTS: Think about your Ecosystem...
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We've spoken in previous newsletters about the strategy of the flower - making sure that your core service or product is surrounded by a set of world-class services (the petals of the flower) to make up a compelling "whole product". But, it's not enough to just build your flower. You must also make sure that your company and its "flowers" are well positioned in the total ecosystem of your industry.

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ENTREPRENEUR SMARTS: De-couple Your Business
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Your business is stuck, bogged down, cannot move forward...  That’s when many of my clients come to me, so this week we’re going to look at how a de-coupling strategy can help some ventures to move forward.

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Entrepreneur Smarts: Personal change....
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In my last article we spoke about S-curves, the underlying lifecycle of all innovations, and how important it is to manage transitions from one S-curve to another. Explained in terms of curves, it sounds so easy.  But it isn’t.  Every curve represents something - a project, a venture, a dream, a team of people - that we have loved, cared for, poured our life into.  And when these things change, we have to change too - and that is not easy.

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Entrepreneur Smarts: Understanding S-curves
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Farmers know when to plow, when to plant, when to harvest, for the best crop.  Is there a seasonal code to guide people developing innovations? There is.  Every innovation follows a lifecycle called an S-curve.  Understanding S-curves will help you to take the right actions at the right time.

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May 15, 2016
Neil Hinrichsen
In Guest Blog Tags Neil Hinrichsen
← Quote of the Day by Ruth KwalandaMaking News: A.T.L Events and Promotions launches new South African fashion showcase event for young designers working in lingerie, swimwear and sleepwear →
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Episode 1: Business Funding Journeys Podcast features Melanie Hawken, founder & CEO, Lionesses of Africa and Melissa Basque-Roux, Coordinator, AFAWA, who share insights on creating greater access to finance and economic growth opportunities for women business builders in Africa. Also in conversation are three women entrepreneurs building sustainable, impact-driven businesses - Anne Rweyora, founder of Smart Havens Africa in Uganda, an enterprise creating affordable, climate-smart homes for women; and Morongwe and Michelle Mokone, co-founders of Mo’s Crib in South Africa, a high-growth, sustainable handmade decor manufacturing business.

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LIONESS BOOK REVIEWS

Featured
Built on Purpose: Discover Your Deep Inner Why and Manifest the Business of Your Dreams by Betsy Fore
Built on Purpose: Discover Your Deep Inner Why and Manifest the Business of Your Dreams by Betsy Fore

Book Review

Successful entrepreneur Betsy Fore, in her new book Built on Purpose: Discover Your Deep Inner Why and Manifest the Business of Your Dreams, shows how, by practicing a manifesting mindset, you can discover your deepest purpose. She calls this an “inner why” and believes finding it can unlock your greatest potential as a creator, founder, and builder of great products.

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The Magnetic Female Entrepreneur: The Art of Empowered Presence, Rising to New Levels of Impact and Influence, and Financial Success on Your Own Terms  by Mary Grant
The Magnetic Female Entrepreneur: The Art of Empowered Presence, Rising to New Levels of Impact and Influence, and Financial Success on Your Own Terms by Mary Grant

Book Review

The Magnetic Female Entrepreneur by Mary Grant is a transformative guide for high-achieving women entrepreneurs, business owners, and coaches who are ready to amplify their influence, impact, and income. Written by Mary Grant, a seasoned entrepreneur and innovation expert with over 30 years in the fashion industry, this book unpacks the art of empowered presence, bold confidence, and defining success on your own terms. Through insights, strategies, and a fresh perspective on success, the author empowers women to harness their unique strengths, navigate challenges, and rise to their next level with clarity and unstoppable momentum.

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Women Entrepreneurs Rewired To Rise: Powerful Habits that Break Through Burnout, Silence Your Inner Critic, and Build a Thriving Business from the Inside Out  by Fiona Soutter
Women Entrepreneurs Rewired To Rise: Powerful Habits that Break Through Burnout, Silence Your Inner Critic, and Build a Thriving Business from the Inside Out by Fiona Soutter

Book Review

Women Entrepreneurs Rewired To Rise: Powerful Habits that Break Through Burnout, Silence Your Inner Critic, and Build a Thriving Business from the Inside Out by Fiona Soutter is not just another business book. Most focus on strategies and tactics. This one rewires the woman behind the business—so your growth is aligned, sustainable, and actually feels good.

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Dream Big and Win: Translating Passion into Purpose and Creating a Billion-Dollar Business by Liz Elting
Dream Big and Win: Translating Passion into Purpose and Creating a Billion-Dollar Business by Liz Elting

Book Review

In the book, Dream Big and Win: Translating Passion into Purpose and Creating a Billion-Dollar Business, author Liz Elting, one of the most celebrated and successful women in America, has created a guide for how to not only dream big, but also win―both in business and in life.

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After the Idea: What It Really Takes to Create and Scale a Startup by Julia Austin
After the Idea: What It Really Takes to Create and Scale a Startup by Julia Austin

Book Review

In her new book, After the Idea: What It Really Takes to Create and Scale a Startup, entrepreneurship expert Julia Austin shares battle-tested strategies to help founders and startup joiners build their venture from the ground up.

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