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The
February
2003
Issue
of the Gots To Have It, Newsletter contains:
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Last
month's newsletter covered the topic of facing your fears in
business. Many small businesses have overcome their obstacles just
because they had the right guidance. They had a mentor or a group
of professionals to steer them in the right direction.
This
issue touches on building a support team to help get your business
and/or career off the ground. Our contributing writer, Lena West,
will give you pointers on finding a technical consultant to add
to your team of experts.
Once you start putting your "dream
team" together, you'll be on your way.
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Fiona Bloom, Founder of The Bloom Effect
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Before
launching The Bloom Effect, Fiona Bloom had built two successful
independent Hip-Hop labels from the ground up as well as doing
freelance national publicity for artists. However, she felt
a growing need for U.S companies to expand into other territories
worldwide.
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| Fiona
says, "It’s not all about the U.S., you know? With
wireless technology, the Internet, and mobile phones, you
can do business anywhere in the world without necessarily
having to leave your home. I’ve been doing business
overseas for several years now. The market for underground
Hip-Hop is much bigger in certain continents like Europe and
Asia, more so than here. In the U.S., its a matter of
how much money youre willing to load out in to the marketplace.
Overseas, its more about the ART. The creativity. The
sales will follow.
With that said, I decided to go full speed ahead with a niche
that not many had tapped into. Thus, with my company, The
Bloom Effect -- my main goal is helping independent U.S companies
to spread their wings and delve into international territories.
I am responsible for setting up licensing and distribution
deals worldwide. Once these deals are in place, I oversee
the day-to-day affairs making sure deadlines are met. I am
the liaison with the label in the States and the different
companies, be it labels or distributors that work with us
in those appropriate territories.
With part of my job comes the travel. I need to make sure
Im in Europe at least twice a year and Asia once a year.
So, international relations and marketing is the Tour De Force
behind The Bloom Effect. However, if youre in search
of gaining exposure for your artists or album projects, I
do that also. I primarily work with magazines, newspapers,
and some local television. My specialty is Urban Press, Skate/Snow/Surf,
Alternative, Lifestyle and Hip-Hop Magazines."
| Breaking
into the rest of the WORLD.
Tips
on how to become Internationally SAVVY!
By
Fiona Bloom
RESEARCH,
RESEARCH, RESEARCH
• Know about current events.
• Read up on International politics and business
climates.
• Know where one place is stronger than the other
and understand currency.
BE GENUINE
• Be yourself, but know how to adapt in any
given situation.
• Your personality and the way you conduct yourself
must be reflective in your dealings with individual
countries. (With the French you are one way, the Japanese
another, the German another and so on and so forth.)
TRAVEL
• Whenever you have the opportunity, take
it. By throwing yourself out there, you can network
just as easily as you do here.
• Language barriers can be a problem, but if you’re
expressive and patient, you can meet anyone.
STAY IN CONTACT
• Send an e-mail newsletter out to your colleagues,
counterparts, and friends overseas and keep people up
to date with your activities.
• Share information and allow yourself to be an
aid for anyone overseas looking to break into the U.S.
market.
• They will take care of you when you’re
in their country. They’ll go above and beyond
the call of duty. Trust me…I’m witness to
that.
Study human interaction and the power of networking
in other environments and I promise youthe world will
be yours!
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Interested
in finding out more?
Contact Fiona Bloom at
fiona@thebloomeffect.com
WOULD YOU LIKE TO BE FEATURED HERE and on http://www.socialstep.com/business?
SEND ME AN EMAIL
TO FIND OUT HOW.
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Who's
On Your Side?
Whether
it's a group of colleagues, a mentor, or a business consultant that
you are paying; I feel it's an excellent idea to round up some seasoned
professionals that can offer you advice for your business' needs.
Whether you do it informally or set up actual board meetings with
a team of advisors; there are various ways to go about getting guidance.
What's
an "advisory team": "An advisory team is considered
a group of industry executives and professionals that is appointed
by a company for the purpose of offering advice and support on a
wide range of issues that are relevant to the organization."
Source: www.boardseat.com.
The
benefits of building this team are to:
- provide connections;
- share their expertise in a specific area (finance, marketing,
accounting, etc.);
- raise your status and prestige (by being affiliated with them);
and
- offer valuable business advice.
Consider
the following professionals to have on your side:
- Lawyer
- Accountant
- Financial Consultant
- Marketing Consultant
- Sales Associate
- Technical Consultant
- Designer
- Publicist
Start
researching by asking around and networking. Getting referrals from
friends, family, and colleagues helps you know if these consultants
can really deliver what they promise. You'll know for sure, since
they've already been tested out.
Tilt your Columbo hat to the side and start playing detective.
:) Here are some other things you should try to find
out:
1. Are they from a large company or a small boutique shop? You can
usually get better thinking from a small organization then at a
large shop with a departmentalized chain of command.
2. Do they understand entrepreneurial business?
3. Do they have a genuine enthusiasm for solving your issues?
4. What's their track record? Asking for a list of clients isn't
enough, find out what they helped clients accomplish.
5. Do they have a unique way of thinking? It's always good to have
someone who can stretch the limits of your organization with some
out of box thinking.
6. Will they offer a competitive price?
7. Okay Columbo, so you might not have time to sit in front of their
office with a video camera watching their every move. LOL. In this
case, just go to www.google.com,
type in their name or company name and see what comes up. You'd
be surprised what rave reviews or um
what dirt that you can
dig up. But you didn't hear it from me!
8. Do you feel comfortable with them? Your personalities should
be compatible, since you'll be dealing with this person on a regular
basis.
9. Test Them Out: You've done all your research and still not sure?
Give them a small project to see how they do. This way it won't
burn a hole in your wallet and you'll see just how much gusto they
truly have. If it's a success you've found a keeper!
Start
Building the Relationship:
- Explain your expectations up front.
- Share your vision with them. Let them know what you are trying
to build.
- Involve them and keep them in the loop of any changes.
- Don't be afraid to sound dumb. Some folks get intimidated and
don't want to ask "the experts" questions that should
be asked. You'll be missing out if you wait for a slip up to happen,
a slip up that could have been avoided if you would have asked your
'dumb' question!
- Set up your own roundtable: When possible, set up regular meetings
(maybe monthly or quarterly.) One advisor might have a suggestion
that others have overlooked. It's also great networking for them
to get to know each other.
- Refer your colleagues to them. I'm sure they'll return the favor.
You
can't do it ALL alone, so don't be afraid to seek help. Just remember
to be cautious, inquisitive and persistent. Success will follow.
Good luck!
Here are some related links to check out:
How
To Find a Business Mentor
Small
Business Administration
Find a Lawyer
Creating
an Advisory Board
One
Bad Apple
by Lena L. West
As a technology expert, I find it very interesting that the very
same business people, who will take the time to research and grill
a new attorney or accountant, will trust their business technology
to their cousins ex-boyfriends niece.
If this is you, listen up. Here are six hard and fast rules to get
out of the nepotism trap and hire a serious qualified technology
professional who wont rip you off.
1. Whaddayaneed? Its preferable to give the technician
a bulleted list of what needs to be done as opposed to being bullied
into solutions that dont suit your needs. This also helps
your consultant to make heads or tails of your situation.
2. Ask for a referral. Be sure to ask a colleague whose work
ethic you respect. Your idea of prompt service and someone elses
idea of prompt service may be drastically different.
3. Become a spy. Consultants are going to provide you with
a list of references that will give them glowing recommendations.
Snoop around in your personal network to see if anyone whom you
know has done business with the person and if so, what their experience
was.
4. CYA. If Ive said it once, Ive said it a thousand
times. SIGN A CONTRACT. Even something as trivial as a software
install can go haywire. Do yourself a favor, give yourself an out.
5. Size matters. If you can, start the consultant
off with small projects. See how they handle the little issues and
gradually increase their responsibility and your dependence on their
services.
6. Act like an adult. If the relationship is not working
out, say so immediately and move on. You are paying the consultant
by the hour, no? Why should you pay to be frustrated? TIP: Change
their access before you terminate the contract.
Dont get me wrong, there are loads of reputable techs out
there. But there are also bad ones. My goal in writing this column
is not to tell you about the great techs but, rather, to help you
avoid the bad ones in your pursuit to find a good one.
Lena L. West is the Founder & CEO of xynoMedia Development,
a technology consulting firm that specializes in helping companies
make strategic decisions about the use and implementation of technology.
This good apple can be reached at LWest@xynoMedia.com
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| ABOUT
US:
Simone Kelly-Brown is the President and CEO of Gots To Have It Marketing, Inc.. For
over 10 years, she has been working with small business owners who
are just starting out and want to get their businesses off the ground
with innovative marketing.
GTHI
is a firm that specializes in marketing and empowering entrepreneurs
with a series of workshops and networking events.
For further information view:www.gotstohaveit.com
For Women's Networking view: www.giventakenetwork.org
Until
Next Month!
Own
your power and have continued success,
Simone Kelly-Brown
CEO/PRESIDENT, Gots To Have It Marketing, Inc.www.gotstohaveit.com
If you want it, you Gots To Have It!
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ya think? Please feel
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