marketing fear Archives - Page 3 of 7 by Mark Murnahan

Self-Fulfilling Prophecy of Impending Economic Apocalypse

Have you heard the latest message of doom? Did you listen to it and soak it all in? The recession we have all talked about is not over, and there are a lot of very bright people saying that it is about to get a whole lot worse. Of course, bad news travels a lot faster than good news. So we must ask, what is the good news?

If you own, manage, or work for a company with under 500 employees, please pay attention. If you want to avoid economic apocalypse, I welcome you, too.

I have some words for you that I believe you really need to hear. I may not tell it just right, but I believe very strongly in what I am going to share with you. If you are too busy to read this, my blog has a “play” button, so at least listen to the audio version.

The economy is what you make of it. I mean “you” as an individual, and I also mean “you” collectively. I know that it may seem awkward for me to call intelligent humans “pack animals”, but let’s face it … we live, work, and operate as a herd of sorts. We make good decisions in groups, and we make bad decisions in groups. Not so differently than a herd of gazelle, when we sense danger, we run. We run far, and we run fast.

The things we envision, whether it is greener pastures on the horizon, or a pride of lions sneaking up on us, each lead us to take actions as a group. Some of us lead, and some of us follow, but when the herd makes a move, it affects us all. When we adapt a defeatist mentality as a group, we quickly create a self-fulfilling prophecy.

Today, we see the lions in a large scale in the stock market, and we see them on a smaller scale in our cities and small towns. It makes me question who is standing up for our herd, and to our herd, with a voice of reason, and possibility? I mean the possibility to stop running and resume peaceful grazing, even in our somewhat wilted and dangerous prairie.

Self-Fulfilling Prophecy Observed

Whether you like this example or you despise it, it is relevant to today’s market condition in America. An example of a self-fulfilling prophecy that recently occurred was in the ammunitions market. Americans heard a rumor that due to political unrest, potential legislative changes, and supply prices, that the cost of bullets would rise during the months of April and May 2011. What did gun owners do? We flocked to stores and bought up every bullet for every gun we own, and even guns we don’t own.

We heard the same things about gold and silver. The rush on silver has skyrocketed the price of silver to astronomical highs, while gold has become precious enough that if you have any gold fillings in your teeth, you had better sleep with your mouth closed.

These are not good signs. They are signs of people collectively fearing economic collapse, and chaos. Is this ridiculous or just nature? Actually it is a good mix of both. It is what happens when nature becomes ridiculous, but yet, it is nature, after all. So it is actually very “normal”. When it becomes completely ridiculous and out of control is when a big enough section of the human herd runs scared, and scares the whole bunch of us to run off a cliff.

Politics Schmolitics … Who Cares?

I don’t want to introduce formal political ideology here, because it is far beyond “who did this”, or “who said that”. If I talk politics, a whole lot of you will love what I have to say. A whole lot of you will hate what I have to say. Many of you will hate me just for the country I live in, or the style of my hair. Let’s face it, we each have a lot at stake, and we each have something to gain by working together.

This running of the human herd, not just in my country, but worldwide, has come to a point of complete turmoil. It is like an economic terrorism with every participant being a little bit of a terrorist in their own way.

The big question today is about how to calm the herd. How do we put things back in a comfortable place where we are not all scattering every time we hear another potential cause for alarm? This should matter above all others, because it ultimately relates to our survival, and the future of our society. That is not an alarmist speaking, but rather a number-analyzing businessman with a very good view of the business environment.

Sure, maybe some things are messed up. Maybe things will be different for a while. Should we really let speculation destroy us, or should we collectively change the speculation? I welcome your words, but don’t answer with words alone. Learn to embrace the control you have, and use it for action.

Maybe the Mayans, Hopi, I Ching, Nostradamus, and other predictions and promotions of the “2012 phenomenon” forecasting the end of humanity are spot on. If the end of the world is coming, wouldn’t it be be worse if it came and went, and the only result we saw was the loss of trust and friendship of every person around us, because we were the gazelle who didn’t stop the one beside us and say “Stop! Snap out of it! You’re scarier to the herd than the lions!”

Precautions Are Fine, but Paranoia Grows Exponentially

Go ahead and buy a few non-perishable foods, buy some more gold, silver, and ammunition. Heck, these are good things to have, anyway. I have enough guns and ammunition to start my own war, and I don’t have plans to stop eating anytime soon. Everybody has a certain level of security that makes things feel “right” for them. I have been just a touch on the extreme side of caution all of my life, so that is just “normal” for me.

When precautions become so extreme, and promoted widely, that it scares the herd, it is worse for each and every one of us! Sure, there are websites currently projecting a 4,000 point drop in the stock market by Summer 2011 when corporate reports come out. There are websites speculating that the U.S. Federal Reserve will collapse, USA will come under Martial Law, and banks, utilities, grocery stores, and all other businesses will cease operations while the U.S. dollar implodes. I would not even begin to start listing all of the doomsday projections I have seen lately promoting such a “flash point” in the world’s economy. Many of them are even quite persuasive and well-researched, but is that what you really want to believe, and hasten?

If you really want to start living under those conditions, just start believing it, acting like it, and then we can collectively make that happen, without fail.

How Can You Slow the Herd?

This is where you have a chance to stop your running and make a stand. If you own a company, work for a company, or buy from a company (and we all do), you have the power of choice.

Small business makes up the lion’s share of our economy. Small businesses, then, really do make up the herd (the masses), and the lions (the biggest segment of the economy) all at once. If you reach out to just one small business to make your purchases, and you spread the word to do the same, we can collectively stop the running. If you own or manage one of those small businesses, and you spread the word to other small business people and their employees to stand up and work together, we can make a monumental impact. When these things happen, we influence business and economy on all levels.

If we all stop spending, or keep spending fearfully, as if the economy is doomed to collapse, it really will. On the other hand, if we begin using our purchasing power wisely, and grow the strength of small businesses, we have the power to slow the herd before more of them run off the cliff.

Impending Economic Apocalypse in Summary

There is a whole lot of gloom and doom, but there are also websites and people who say that we can prevent complete chaos before it hits a flash point. Yes, I mean this website, and I mean this person, and I am not alone.

You can call me crazy, and you can keep stuffing your dollars into a coffee can buried in your back yard and see how well that will work for you. Maybe you will think that I am a radical on the side of positivity, and that you really don’t hold the power that I suggested above. The fact is that if you keep neglecting small business, and if small businesses keep rolling over and letting fear win, fears will come true.

You are right if you think that you, alone, do not have that power to slow the herd, and help small business stop operating from fear. I don’t either … no, I am just a small businessman who listens to small business people every day. I have over 20 years of marketing experience, and I know how to spread the word about growing a business, but this time, I am not just talking about a single company or a small handful of clients. I am talking about standing up as a complete herd to stop the stampede of failure.

I do not know it all, but what I know, without a doubt, is that if something important is promoted in a convincing way, to enough people, an exponential growth happens. That exponential growth can happen for our benefit, or for our demise. We are the ones, each of us, who choose to grow a more productive and peaceful herd.

Do You Want a More Peaceful Time in Business?

The way I see it is that we each must choose one of two outcomes, but when we chose, we should be committed to that decision. The overall choices as I view them are as follows:

A.)We can all be cautious, keep running like gazelle from the lion in the prairie, and fulfill the prophecy of an economic doomsday. This is what you can expect when small businesses continue to operate with fear, and stop making smart decisions about their future growth.

B.) We can form a pact to stop running scared and remind the others to “Stop! Snap out of it! You’re scarier to the herd than the lions!”

I cannot slow a herd with a few words from just one guy at a computer in Topeka, Kansas, USA. For that, my fellow herdsmen, I rely on you. I hope that you will see the lions of economic failure as a real hazard, but that you will also see the value of not running from doom, and begin preventing it.

If you really want disaster, just for the drama, give yourself a moment of reflection about those who will be here, and who tried our best to benefit others. If you keep running and stop trying, we will no longer share in your misery, nor appreciate your words. We are the people who speak with our deeds, and listen to yours. Yes, we are the people

That is how I see it. My name is Mark Aaron Murnahan, and I am glad we had this chance to meet. I hope that you will share this with the herd beside you, and help stop the stampede. Please add your comments here and get to know me.

How many people are in your email address list? How many friends do you have on Facebook? How many people follow you on Twitter? Don’t you think that between the bunch of you, and their friends, that we could start fixing things for all our benefit?

You may share this with the short web address: http://wb.gy/fix or by using the sharing links below.

Photo Credits:
Thompson’s Gazelle by fwooper via Flickr
Thompson’s gazelles, Masai Mara, Kenya by Paul Mannix via Flickr
Serengeti 2007 by Tony Young via Flickr

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Make it Harder to Leave, But Increase the Odds That You Will

I was just looking at my lawn, and it inspired me. Yes, it sounds silly, but hear me out. I will tell you a story, and maybe even plant a seed or two about getting the most from your life … starting now!

I want to pose a thought of how one of the famously noted “Seven Deadly Sins” can be effectively used, in moderation, to improve your business and personal life.

This is a story of taking inventory of life and business, and I hope you will use it for your benefit. First, I will explain why I took a closer inventory in my front yard this morning.

Back in late 2008, I became a reluctant participant of this thing we have called “economic recession”. Yeah, I am one of those CEO fellas who screwed up the whole economy. I was whacked hard and fast when multiple of my suppliers laid off thousands of employees and dropped some of the services I provided to customers. It was not anything within my control, and not my fault at all. A lot of jobs were lost, and a lot of pay cuts were handed down. Being heavily invested in my company, I took the biggest hit. In fact, I accepted it with pride, because I helped a lot of other people’s ships sink much slower.

Before the untimely meltdown, I lived in a very unique way. I was sitting pretty, just months from a young retirement. I enjoyed an amazing family life, with everything set to focus on being a full-time husband, daddy, and race car driver.

I pranced around in a custom built home with 5,000 square feet, that was perfectly ready to fill with babies. I enjoyed new Corvettes, Hummers, Jaguars, Escalades, fancy artwork, custom motorcycles, limousines, first class vacations, kickass clothes, and … you know, the whole ten yards. Sure, the common saying is “the whole nine yards“, but I added a few feet. Heck, I didn’t need credit, but I still found some good reasons to send over $50,000 per month to credit card companies. Yeah, I know … fifty grand per month … insane, right?!

I was feeling pretty proud of myself as I was living large, but not because I was living large. I did a fine job, and I became helpful to a lot of people. I turned out far better than my teachers expected when I left school for the last time at 15 years old. I had come a long way from the challenges of my youth. That feeling of pride was what got me moving, and kept me working harder. Yes, feelings of pride really can create a lot of drive in a person … keep reading.

In the big shuffle, I realized that there was a huge emotional backlash. It made things a lot more stressful, and I started losing the happy-go-lucky skip in my step. I was working more hours than before, and even more than in the earliest years of my company.

Something I saw then, and work hard to see each day, is possibility. I saw the possibility to grow, learn, and do more. I even took the initiative to write a few books, and a squillion blog posts about good marketing.

So, let me tell you something I learned along the way, and that I revisited this morning.

How You Feel Means a Lot!

I have observed that an incredible amount of potential comes from feeling good about yourself and the things you do. Sure, there is a list out there of “Seven Deadly Sins“, but I think one of them is a tool which is instrumental for success, if used in moderation. The one I considered early this morning as I looked at my lawn before the sun came up is “Pride”.

Feeling proud of yourself, your products or services, and who you are can create monumental changes in your life. Knowing that you are doing good things for good reasons helps your subconscious mind to discover ways to keep doing it, and doing it better. Feeling good, and being positive is not just some silly hype that motivational speakers sell. It really does matter, and this is something I want you to think about.

I moved to a smaller home in 2010, and I cut back on the fancy lifestyle. Although some would still call me “Mr. Fancy Pants”, my pants are not nearly as fancy as they once were. I used wisdom, and some regret, while downsizing my life during the recession. There were many things, like my racing career, that took a back seat. A lot changed, and in case you ever wondered, you are not alone if you saw some changes, too.

Even after those changes, I still have a fantastic life in many ways. I have a wife and three kids who give me great pride. I am better at my job than ever, and I feel very proud of what I do to help businesses grow their market.

It may seem absolutely silly to you, but something that got me to thinking about this is looking at my lawn as the seeds I recently planted begin to sprout and turn green. It was a matter of pride that inspired me to plant that new seed this spring. I decided that even in a smaller home, with a smaller yard, I still wanted to make my scaled-down piece of awesomeness a bit harder to leave when it comes time.

Yes, I actually did stand in my driveway this early morning, look back toward my home, and realize something very cool that I feel is worth telling you. As uncomfortable as it may sound, I’ll bet you have some seeds to plant as well.

My Questions to You:

This “lawn moment” of mine really made me wonder about you, and what you are doing, and how you feel. So, I have some questions for you, and I hope you are not too chicken to answer them … at least to yourself.

What has given you pride in your life or your business that has been neglected, and that you could resurrect?
What little things will you notice today which inspire you?
What “seeds” can you plant to help bring you closer to things you want?
What seeds are you planting today?

Yes, this is still a blog about marketing, so don’t get confused. If your answers to these questions have anything to do with growing your business, I want to remind you that the best time to sow a seed is long before you want the plant. Don’t let fear or lack of pride get between you and a greener lawn. Take pride in your work, and spread it with others around you. People really will notice, whether it is a boss, an employee, or a customer … when you have true and sincere pride, it will show.

Waiting for greener pastures, or looking over the fence at the neighbor’s grass will not help unless you are prepared to get started now!

That’s my marketing message for today. Just as I said in the title: “Make it Harder to Leave, But Increase the Odds That You Will”. I am doing that with my home today, just as I do with my business. I may soon leave here and move on to bigger and better things, but if I don’t make it a little harder to leave, and nicer to remember, then I am not doing all that I can!

Are you doing all that you can?

I hope that you will reflect on this with sincerity, and if you know somebody who can benefit from taking a better personal and/or business inventory, do them a favor and share it with them.

Photo Credit: Grass by Ian T. McFarland via Flickr

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Target Your Marketing and Love Your Customers Again

Do you sell something that has a potential market of “everyone”? Maybe you sell widgets, doodads, or gadgets that everybody in their right mind should own. If you treat your marketing that way, you are probably pretty frustrated.

I learned this the hard way, many years ago, by thinking that “everybody” was my target market. I remember when I sought out my market with thoughts like “Who wouldn’t buy my stuff? They must be crazy if they don’t buy!” Then I parked my bicycle and quit my paper route.

I learned what it meant to target my marketing. I stopped wasting time and money trying to reach everybody with a good reason to buy my stuff. The result was that I sold a lot more stuff.

When I stopped viewing everybody as a potential customer, I also stopped seeing them all as the “deadbeats” who wore me down and just wouldn’t buy. I started loving them more each day, and it turned out that my business grew massively.

Carefully conceived targeted marketing is a huge factor of success in a business. I don’t just mean targeting your market for every customer who will buy, either. I mean targeting your market for the customers you want, and who will help your business to grow.

I want to help you to avoid this common oversight, because it is in the top five most costly business errors. It runs close behind killing a hooker (and getting caught), or naming your child Bernie Madoff.

If you try to market something by believing your ideal target market is “everybody”, it is like hunting elephants in a termite mound. You will find a lot of termites there, but very few elephants. Many people only believe this after a “less-than-ideal” profit and loss statement proves it to them.

Marketing to Morons, Idiots, and Fools

Sure, I still think that most people are just totally insane if they don’t write me a check, give me their credit card, or provide me the passwords to their massive offshore bank account. They should at least send me a box of cigars and a bottle of Bourbon to butter me up. I mean, after all, I know it is mathematically factual that I sell something which returns more money than its cost. What kind of moron can’t see that?

Let me tell you something you you probably already know. There are a whole bunch of crazy, “idiots, morons, and fools” out there who will not buy what you sell. Even if you are selling the cure for cancer, free money, or a magical 24 hour orgasm, it will not sell itself. It will also not sell to “everybody”. Marketing to “everybody” as a prospective buyer would not even be a wise marketing approach if Coca Cola, McDonald’s, and Microsoft merged.

When you consider it closely, maybe they are not all such idiots, morons and fools. Instead, maybe it is your lack of targeted marketing, using data-driven customer modeling and calculated market segmentation.

Targeted marketing is exactly why I don’t write this blog for idiots, morons, and fools. I write it for people like you, who will appreciate good marketing ideas, pass them along to others, and add to the conversation with your comments. Actually, I don’t rely on the blog comments so much, because my target audience is pretty shy, but they do share a lot.

Target Market Segmentation Challenge

My challenge to you is to take the time and effort to segment your market more carefully. Start thinking in terms of demographics, psychographics, geographics, and who your best customers really are. What spins their fan, and what can you do to make your brand more like sex, bacon, and other things they love? Where will you reach them, and what will inspire them? Use what you know, expand what you know, and get creative with your marketing.

Targeted marketing seems very foreign to many people, but the good news is that this includes your competition. Just like everybody is not a customer, everybody is not a marketing genius either. Understanding a market requires marketing talent, which comes with practice, accurate data, and the right set of marketing tools. Unless you are willing to hire a professional, you will need to practice, and practice a lot.

I think of it like a trip to the gun range. Sure, I like to bring a lot of ammunition, but it is even more important to use the right gun, and learn how to aim it well. A sniper rifle is best, but many people fear that level of commitment to their marketing. So it is best to at least learn how to aim what you have.

A Lot of Ammunition is Good, But Sharper Aim is Better!

Practice Targeting Your Market

Maybe you believed that optimizing your marketing reach would be easy in the beginning, but you surely know better by now. Look at your market penetration and consider these questions:

Are getting all you can (or at least all you want)?
Are you getting huge buyout offers?
Are you expanding your company at astonishing rates that would make Facebook founder Mark Zuckerberg blush?

If your answers are “no”, then you need more practice to hone your skills. It will not kill you, and in the off chance it does, it was nice knowing you. If you are not afraid of dying, keep reading for thoughtful encouragement.

Practice your creative thinking. Practice your analytical thinking. Figure out who wants what you have, and what they will respond to favorably. Don’t try to reach them all. I know that it is hard to overlook all of those potential customers, but you will reach a whole lot more of them if your marketing is targeted appropriately.

If growing your business really matters to you, be ready to lose some sleep for it. Perfect customer modeling takes a lot of marketing talent and creativity. These are things you can improve, with enough effort.

Back to the gun analogy: You can make a lot of noise and scatter a lot of lead with a 12 gauge shotgun. It is particularly good for scaring your customers away, but not very good for hitting them in the heart, where you want your brand to penetrate. When you hit your market in the heart, you will find a lot more love flowing in both directions.

Shotgun Marketing Scares More Birds Away

If you don’t have the time or skill to become a true marksman, it is best to either rework your schedule to develop your abilities, or find a good hired gun.

I will part with some articles related to targeted marketing. There are more in my blog archive, and more yet to come. Check them out and subscribe for more bits of marketing brain food coming soon.

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Business Tip: People Think Better When They Are Paid Well

Think about your worst times in your career. You were probably stressed by a lot of little things that seemed bigger than they really were, and perhaps some really big challenges, too. Deadlines, coworkers, health, family, finances, and other stressful issues can make it feel like everything is spiraling out of control. Some challenges can be used to build a company stronger, but it is far more common that they become destructive.

I am going to give you a bit of information that you can email to your boss with confidence, tweet on Twitter, “Like” on Facebook, and best of all … you can blame me for being the one who gave your boss this uncommon piece of common sense.

Is there a solution? I have found through more than two decades in business for myself, and from consulting with many businesses, the majority of business challenges can be improved with more money. That could mean hiring a better accountant, bringing in a strategist, improved inventory and purchasing capability, or having the right equipment to do the job at hand. The list of enhancements is long, but let’s just say that money can bring about a lot of improvements in a company.

One of the greatest improvements to a business comes from the quality of life of the people who make the business what it is. You cannot separate the people from the business, and if you try, you will fail!

Think of it like this for a moment: About half of all marriages in America end in a divorce. The two biggest causes that people claim are infidelity and finances. I suspect that much of that infidelity is because they don’t have enough money to have sex with their spouse! Come on, really, how sexy is an unproductive or frustrated spouse, after all?

Yes, sex and money break people down and make them less productive, even in their marriages. So how could it even be possible that this does not affect their business life, too? It is not possible, because businesses are made up of their people. Fragile or strong, focused or fragmented, those people are what make a company whatever it becomes. This is why, as a consultant, I have always suggested investing wisely in the people, and I have recommended as many pay raises as job terminations.

Money Can Help Most Business Challenges

Money does not fix everything, but in a business, it can facilitate a lot of things which are not otherwise possible. If more money can help a business, and I think this is very true for most if not all companies, then how do you make that happen? It generally requires doing more of the business that pays the company profits. That means marketing, and marketing well!

I have been in business long enough to know just about every conceivable cause of stress. Fortunately, I have been in business long enough to heal from a good number of those stresses, too. I am not spying on you and looking over your shoulder, but I really do know more about your challenges than you may give me credit. That is because I have been there, and I have consulted a squillion companies with troubles just like yours.

Most of the people around you have encountered some sort of stress in their business lives, too. If they say they have not, they are either lying, or their brain just blocked it out in order to preserve their sanity. The biggest challenge that most people in business shudder to discuss is money. In most business owners’ minds, a lack of money means they did not do their job as well as the next person. It gives them a feeling of shame. The truth is that it often just means they did not market their business as well.

If you don’t believe me about the importance of marketing, just consider all of those things like a Snuggie or a Slap Chop which had phenomenal success, against all odds. Without marketing, they would still be “stupid” ideas in some inventors mind. Instead, they were stupid ideas that turned into millions of dollars in somebody’s bank account.

If you are really not sure what these items are, check out this video about the Snuggie. It has received over 16 million views on YouTube, and it is just a parody of an actual Snuggie commercial.

Are you still not convinced about marketing? Consider the Slap Chop. This thing made millions of dollars! Are you kidding me? It is a cheap hunk of plastic with a spokesman who was arrested for beating up a hooker.

It is easy to criticize these and say they are not good marketing, but they achieved their goals. I prefer something less sleazy for my clients, but the important message here is that marketing makes the difference between success and failure in nearly any company of any size.

I realize that it is a tough cycle to break, because in order to do more business, it usually requires an investment. It may take a big and scary investment, but it should not be any more scary than being in business, itself. With the right mindset, and the right facts, it should be like a huge beam of sunshine breaking through the clouds.

Why Marketing Feels Expensive

There is a common perception that marketing is expensive, rather than the reality that not marketing is where the really huge cost comes from. Keeping the doors open on a business without reaching the right customers with the right message they will respond to … now that is expensive!

I see it all the time where a company will send out a flurry of requests for proposals from companies like mine. Companies who think like a Fortune 500 company will focus on the value proposition, and what the cost represents. Smaller or less secure companies will often try to focus on the price, instead of hiring it out to the right people with the right plan. This is why my engagement letter will often include something similar to the statement as follows:

Creative marketing based on solid research is what makes the difference between Pepsi Cola and the one you never heard of. This is the area where the majority of efforts should be focused.

The most effective marketing strategies involve more than price comparisons between a handful of off the cuff proposals, and we know this to be true. This is why I am confident in saying that the best marketing decisions you will make do not center on ill-considered boilerplate proposals designed to wow you.

Instead, those decisions should be based on solid data and confidence that your marketing dollars are spent with somebody who can effectively build your brand and build your profits. That means a lot more than the person with a fast pitch and a price sheet in hand. This engagement is not based on hours worked, but rather on experience and know-how. It will include my focused attention on building your brand and producing long-term equity in your market.

Breaking a Cycle of Destruction

If you want to learn how to break a cycle of destruction in your business and have more money, you must address your marketing. It is what builds your business and provides the additional money that can help most business problems. If any of this rings a bell to you, and if you want more business, I sincerely recommend reading the articles listed below.

In conclusion: None of us are immune to the benefits of peace of mind, nor the frustration of being underpaid. No different from you, your marketing people do the best thinking when they are paid well for it. Fortunately, when marketing is done well, everybody gets paid better!

Here are some articles that I have written regarding the cost of marketing and the mistake of placing cost above value. This is your reading assignment, and I hope you will enjoy them.

Photo Credit: Einstein photo courtesy of hetemeel.com.

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Business Evolution and Crash Test Dummies

Take just a moment and reflect on how your job evolved. Whether you are a business owner, manager, or just working your way up the totem pole, look at your career in a snapshot. It is uncommon for a career to move smoothly along its initial planned path, from start to finish. A business entity is no different in this respect.

Companies change a lot over time, and if the business evolution is just right, people are happy. The world is perfect, and you can look out your window to see pink unicorns kissing adorable puppies on the forehead. Business evolution should always be so perfect, but then the human resources department would have the additional job of giving out hugs instead of layoff notices; accounts payable would cheerfully add a bonus for the utility company; and the accounts receivable department would send chocolates with every delinquency notice.

Since career and business are usually not perfect, many disheartened people will give up managing the evolution of their company and the direction of its travel. They end up going for a ride like a crash test dummy waiting for the impact.

Hop in and Ride With Me

I am a huge fan of analogies, and I also love cars and driving, so I am inserting my loves here. Hop in and let me take you for a drive through the typical evolution of a business as it navigates between “point A” and “point B”. Don’t worry, I am a trained driver.

I hear from a lot of businesses struggling to define the path between where they are and where they hope to be. I gather a lot of observations as I listen to these companies, and I uncover many commonalities between them. This helps me to build better strategies. Most of the people I talk with feel like they landed themselves in an industry and with a job title that was at least a few miles away from where they began, or where they expected. This goes for people in every level of a business, from the very bottom to the very top.

It all seems to “woosh” by in such a rush for a lot of business people. Whether you own your company or not, whomever it is who signs your paycheck has probably experienced that same “woosh” effect. So, let’s examine some factors which significantly put on the brakes during the evolution of a business.

In this business evolution, I want you to think about where you find yourself today. I suspect you will find yourself cruising somewhere on this road, either as a driver, navigator, or passenger. Many businesses begin as somebody who found a passion for something, or a perfectly timed opportunity, and grew an idea from a spark into an ember, and eventually into a flame. Now we have the combustion engine … an engine to help move us down the road to where we want to go.

Will the Driver Keep Their Head on the Crash Course?

Fatigued Business Drivers Fall Asleep at the Wheel

Along the road, a business founder usually ends up doing a lot of driving. A small company, and most are small at first, will often begin with somebody acting as the sales, billing, accounts payable, reception, public relations, marketing, and “something else” person. The “something else” is the part that the business is about, whatever it may be … accountant, electrician, car dealer, home builder, surgical supply company, real estate brokerage, cigar shop, or whatever it is. The “something else” is that cargo in the back that we are driving to deliver.

At the start, the company is fueled based on the skills, passion, opportunity, and funding of that same “something else” person at the wheel, and not based on all those many tedious jobs to fill. As the business gains a little momentum from all of that exhaustive work given by a person or small group of people, many of those jobs are delegated properly to others who are fit for the position. They each get their seat in the vehicle that moves the business.

If all goes well, navigators will be reading the road signs and updating the business plan, the business budget, the marketing strategy, and keeping the business driving in a good direction of growth. Much of the navigation lands in the driver’s seat with a tireless owner or manager who has great navigation and driving skills. They drink a lot of coffee to remain alert, and they seldom take their eyes off the road.

I know that it must seem almost impossible, but what happens if their vision gets blurred? What if they get a bit too distracted, or just too familiar with their day to day commute and they relax at the wheel? I’ll tell you what happens, because I am frequently like the dismayed highway patrol officer who arrives on the scene when the vehicle is already out of control. Of course, nobody appreciates me for writing them a citation, but they expect me to be very compassionate when I pull their kids out of the wreckage.

The initial passion, funding, and opportunity of the drivers with the “something else” is usually not enough to safely navigate the business through the winding road and beyond the inherent roadblocks. Even with their eyes fixed on the road, if they let go of the wheel for a split second, the whole trip becomes a big wreck. Many businesses crash with no more than a driver and a passenger or two, but if they made it beyond the earliest road blocks, they may have a bus full of dead crash test dummies.

Fear of the crash is why most people will never own or manage a company.

Killing the Crash Test Dummies

Screeeeeeeech! Slam on the brakes! The business is all of the sudden sliding out of control, and going in unpredictable directions.

The business plan, which was once the road map, is frequently forgotten while the company is still driving down the same road and on the same mission as it was yesteryear. Somebody forgot to budget, so the bills are just being paid as they come in the mail. Marketing strategy? Well, the marketing strategy is to sell as much of this “something else” stuff as possible to put enough money in the bank to cover all of those checks that keep going out.

Many drivers will loosen their seatbelt, ignore the squeaking brakes, and let the fuel gauge needle dip a little too close to the “E” before checking the map for a gas station. They forget to take good advice from employees and other influencers, and begin to treat them like crash test dummies, instead of as the great assets they represent.

It sounds like a pretty nervous way to do business, right? Would you be totally shocked if you found similarities to this in your company? If you are nervously looking in your mirrors like a single occupant in the carpool lane, or grabbing your safety belt like a bus driver with bad brakes, you are not alone. Many companies of all sizes operate this way, and they overlook important steps to better business evolution. Careless driving is one of the biggest killers among businesses.

The most common factor is that the people with that special “something else” let the map fly right out the window. This happens periodically throughout the lifespan of nearly any company. In fact, it may surprise you to ask other business people around you when the last time they thoroughly reviewed and updated their business plan, their budget, or their marketing strategy. This may not apply to Fortune 500 companies, but they often don’t have it just right, either.

Arriving at the Crash Scene

How this came to me today was in a very common exchange with a company manager trying to navigate for his company. He wants his company owner / driver to stop at a gas station to get some racing fuel, instead of just driving along with a dirty windshield. The driver has not crashed in ages, but that is never a good excuse to let the insurance lapse, or to stop using a seatbelt. It not only goes against the laws of business, it can cause a mess for all of the passengers (employees) and bystanders (customers).

The managing navigator flagged me down as the highway patrol because he wants to report his boss for careless driving. In this case, the owner opened the business with that same passion and timely opportunity as others. He has been lucky to navigate well without a map, and with bald tires for years. Since the time he settled into his driver’s seat, his risk of a crash is increased exponentially. His windshield is dirty, his road is filled with potholes, and the other drivers are speeding by him and pointing at his seatbelt dragging on the ground outside his door. Worse yet, he fails to let his backup driver take the wheel when his eyes feel tired.

I am here to check the driver’s license and insurance of this owner / driver, or otherwise to help his top navigator to get in his own car and drive away. The manager is so dismayed by the owner that he is hesitant to continue presenting good ideas. The owner is so accustomed to just going along for the unplanned ride that the manager feels like he is in a crash test, too. It has forced him to decide whether to buy into the company, or to start his own.

Running a business well means maintaining the vehicle, keeping the drivers and navigators on the right road, and so many other things. The hazardous but common truth is that many business drivers will take better care of their car than their business plan, budget, and marketing direction. Instead, they have just stumbled upon a road by chance and circumstance and driven the best they know how with the vehicle they landed in.

Most business people are not good at every aspect of running a company. Even fewer of them properly address the value of efficiently delegating tasks to professionals, especially with marketing strategy. They mostly just know the things they picked up along the road during the journey with their unique “something else” that their business is about.

If you know somebody like this, pass this along as a reminder that other “dummies” are counting on them for a good trip. I am not telling you the perfect navigation for every journey on the highway. I just want to remind other drivers to look up from the steering wheel enough to read the road signs.

What do I have to do with this? My job is to isolate the squeaky parts, find the right mechanics, train the driver, buckle in the passengers, supply the road map, change the tires, and pour racing fuel in the tank. I guess you could call me the marketing crew chief.

I will leave you with this compelling crash test video. Give it a play and consider your driving safety while you prepare your comment to tell me what you think.

Photo Credits:
IIHS Crash Test Dummy via Wikipedia
Dummy Heads by Greg Westfall via Flickr
Dummies in a Cage by Brad K via Flickr
Ford Crash Test by Rian Castillo via Flickr
Sierra Sam (hanging dummy) via Wikipedia

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