Tag: culture

Cash flow, creativity, and compassion are not mutually exclusive™

Philanthropic Giving: Business Model or Brand Message?

Posted on by Red Slice

As mentioned in a previous post, giving back to the community and maintaining responsible business practices are really hot for consumer loyalty right now. I personally hope this trend continues into perpetuity, as businesses have amazing reach and leverage to make a difference in the world. I pray this is not just a fad.

I read a sidebar in the WSJ today about businesses following in the footsteps (no pun intended) of Toms Shoes. For every pair of shoes they sell, they give one pair to a child in need. Pretty cool. While this may add extra costs or eat into margins, its also the reason why many loyal customers continue to support Toms – and they get ton of great PR around it. The WSJ article states that a July survey by Cone LLC found that 19% of adults would switch brands – even to those with higher prices – to support a cause. That’s pretty powerful, especially during a recession.

Toms passes the extra costs onto consumers, who don’t mind paying it because, hey, they need shoes anyway and want to help people in need at the same time. Now many start-ups are mimicking this concept in small ways. The article cites Warby Parker who gives money to a nonprofit called Restoring Vision or every pair of glasses they sell. And a necktie retailer called Figs donates school uniforms to children in Africa for every tie sold.

While profit margins and growth may be slowed because of this, the companies seem to be trading off brand loyalty and attracting a  certain kind of loyal customer for the long term. That’s pretty smart, if they can keep it going. But I wondered if this is a business model shift or a brand shift? Obviously, you have to tweak your pricing and fulfillment to make this happen, so it does impact the business model and how fast you can grow. But it also ties so closely in with the “soul” of the company and what it stands for – and that is a brand decision if you ask me. It’s promoting a value to attract customers who share that value – which means it’s about a promise and a targeted message. All branding decisions.

Whatever you call it, I like it. And I hope it continues. But maybe that is because I am the type of person they are trying to attract. If someone is striving to make ends meet and cares about price, they are not the target audience for these companies.

Does that mean businesses who engage in this practice always need to be targeting a more affluent customer? What do you think?

Cash flow, creativity, and compassion are not mutually exclusive™

Passion plus purpose equals profits

Posted on by Red Slice

A fundamental advantage that small business owners have when it comes to brand is that they are so close to their customers. Usually, they started the business because of a personal passion or because they themselves felt a need and strived to fulfill it in the market. DRY Soda, a natural soda company, started out when the founder tried to find healthy, natural yet sophisticated beverages to have at a nice restaurant or a cocktail party.  Baby Legs, which provides signature stylish leg warmers for babies and toddlers, was founded by a young mom who needed to expose her baby’s diaper rash to fresh air while still keeping her daughter warm. These leg warmers protected her from the elements, made diaper changing and potty training easier, and protected her soft knees while crawling.

I had the amazing opportunity to facilitate a brand workshop for a tech company who is trying to clarify their messaging, build brand recognition and generally change the game in their industry. Exciting stuff. We clarified and gained consensus on what business they are truly in, who their ideal customers are, and what persona the company can authentically present to the world.  But all of this was just ‘business speak’.

Finally, in the early afternoon, I tossed my papers aside and challenged the CEO and others, “Let’s back up a second: What is the mission of this company? What greater impact do you hope your software and solutions have on the world?” The CEO didn’t even need a moment to think before articulating his passion about helping match candidates to employers, which leads to more jobs and thriving businesses, which leads to healthy economies – but on a personal level, finding the right job enables people to “send their kids to college” and make their lives’ dream come true.

The room came alive. Everyone from the CFO to the HR Director to the sales directors gave their own spin on this mission and what gets them out of bed in the morning. I pointed out, “See how the energy in this room just changed? This is the spark that will separate you from the pack, inspire businesses to partner with you, inspire talented employees to work for you, attract customers to do business with you. This is the essence of what you guys are all about.”

If you create an authentic brand in pursuit of a higher purpose, you can connect to people as ‘people’ – not just employees, customers or partners. And this will gain you loyalty, attraction and revenue beyond your wildest dreams. It doesn’t matter if you are a ‘solopreneur’ or a 10,000 person company. And only if this mission is authentically lived out through everything your company says and does will it be embraced and believed – you cannot simply ‘slap a coat of brand paint’ on your business with the transparent singular goal of more profits.  If you start with the right intentions and a true passion that is executed clearly and consistently, trust me: the money will follow.

Cash flow, creativity, and compassion are not mutually exclusive™

Now that’s what I mean by delight!

Posted on by Red Slice

I had the best car rental experience of my life last week. And that is a bold statement from someone who worked as a management consultant and in affiliate sales during her career and used to travel up the yin-yang.

I rented through Alamo at the Philadelphia Airport because they were the most cost-effective option on Expedia.  What I got was an amazingly friendly, professional and warm experience that far exceeded my expectations. I had doors held open for me at every turn. Everyone I passed greeted me with a smile and a “How are you today?” I’ll admit to being a little creeped out by this at first, as my expectations of a car rental brand are so low that they all look and sound the same. And this is coming from someone who is a Hertz Gold Club member.

Once inside, the gentleman who held the door open for me also ran around the desk to check me in. He bantered with his fellow staffmates as they ran around to get me the GPS I’d requested and then he showed me step-by-step how to set it up. I could tell everyone there genuinely enjoyed their work and each other – and it made me feel like I was in good hands.

Once outside, my car was blocked in by a rental bus. Immediately , two other staff members saw my dilemma and cleared a path for me without me even asking. It was like as soon as my problem materialized, there they were, solving it proactively.

That’s what I’m talking about, people. Delight. Happy, empowered employees who have a clear service mission leads to a happy brand experience for customers, which leads to me talking about this company on social media. Maybe they are helped along by my previous lackluster experiences or the low service bar in the industry -  who knows? Who cares? Bottom line is that I’m still talking about them. See how it works? Easy peasy.

Cash flow, creativity, and compassion are not mutually exclusive™

C’mon baby, light my (entrepreneurial) fire

Posted on by Red Slice

How’s your cashflow and your mojo? Does your vision match your reality? Does your brand match your soul?

Danielle LaPorte can help you answer these tough but important questions so you can make your business dream a reality. I’ve loved her brazen and authentic style ever since we first met a few years ago on a client project. I’m thrilled to talk to her in today’s Ask the Expert about her new digital experience for entrepreneurs: The Fire Starter Sessions. As she says in her witty and wonderful way: “It’s an e-book meets video transmission of acumen and love.” Whether you’re in the early idea phase or a well-established rut, Danielle wants to light a fire under your….aspirations.

THE FIRE STARTER SESSIONS is: Worksheets that help you draw conclusions, quick videos with motivational punch, connections to current thinkers, practical smarts, and frank wisdom — THE FIRE STARTER SESSIONS is packed with inspiration that you will put to use. Danielle has worked with 462+ entrepreneurs in her 1-on-1 Fire Starter consults. For CEOs, coaches, artists, retailers, bestselling authors — from site design to big dreams — Danielle’s strategies combine passion with pragmatism to get to fulfillment and cash. And she’s also got nuggets from A-list marketing strategists, pro-bloggers, experts and creativity coaches.

RS: Hi Danielle. Tell us a bit about you and what White Hot Truth can do for business owners?

DL: I’m part strategist, part philosopher. Someone once said I’m a cross between Deepak Chopra and Janis Joplin. Kinda fits. I write about self realization, and I jam with entrepreneurs in my 1-on-1 "Fire Starter Sessions". And after working with hundreds of entrepreneurs to help them rock their careers, I decided to launch "The Fire Starter Sessions" as an online program.

RS: What is this deliciously explosive online experience all about and who is it meant for?

DL: If you’ve got the entrepreneurial spirit – this is for you. You: are likely sitting on an empire of content, product, services, and prosperity that needs a spark — or blow torch — to take you to the next level. You: want to rock your revenue streams and do meaningful things in the world.

RS:What one big mistake do you see entrepreneurs making over and over again that stymies their success?

DL: They take for granted how much they really have to offer. So many people are experts, tribe leaders, teachers – swimming in their own knowledge. A lot of what I do is about showing them the value and potential of their natural strengths and experience.

RS: The White Hot Truth brand is especially authentic and attractive. What intentional decisions did you make about your brand early on and can you give us an example or two of how you live it out in practice?

DL: "Especially authentic and attractive?" Why, thank you (insert batting eyelashes.) When I went solo to start White Hot Truth I vowed that I would never dummy down, I would never shrink from my spiritual or intellectual power, I would only put out material that I felt was useful. So far, so good.
Even though I’d been "blogging" for a long time, when I launched White Hot Truth it took me about three months to find my truest voice. I thought I might write about style…but, nope. Relationships… nada. I let myself feel what I really WANTED to talk about, not what I thought would sell. And that’s made all the difference to not only deepening my creativity and quality of work, but the quality of people who are shown up for it.
Passion has a way of doing that.

Details:

DIGITAL FIRE STARTER SESSIONS…a digital experience for people with the entrepreneurial spirit.

Pre-ordering opens April 7 with a special sneak peek chapter. Worldwide release is May 12. The program is $150, with $5 from every purchase going to The Acumen Fund or WomenforWomen.

WATCH THE VIDEO: Danielle sparking up The Fire.

Cash flow, creativity, and compassion are not mutually exclusive™

How to bring branding “home”

Posted on by Red Slice

I had the pleasure to interview Josh Levine of Great Monday recently for my upcoming book, Branding Basics for Small Business (due out in late Spring/early Summer 2010). Josh will also be my co-panelist at Branding Inside Out on Feb 18 in San Francisco. We talked a lot about how to make branding real and relevant for business owners and execs.

His firm has the exact same philosophy as Red Slice in that brand is not just a logo; it’s everything. Josh’s approach is to talk about “culture-driven branding” meaning using brand across the organization to not only connect with customers on every level, but to build brand into the company’s DNA to inspire employees and energize partners as well. How do you embed brand into the fabric of the company, into its processes, policies and values? And HR and people are at the heart of that over any fancy logos. If brand is the total experience with the company, then that has to start with the people working within the organization and how they adopt a mission-driven approach to the work they do every day.

We both discussed that the “outputs” of brand strategy projects can often be the visual elements: the logo, the design, the website. But more importantly, how do we use language, the most common way for people to get their arms around a concept, to convey brand? For both of us, this work starts for clients with a strong messaging platform. What are the values, benefits and proof points or features you will prioritize in order to get your brand promise across? This makes sense for people more than any abstract concept. This messaging platform should then manifest itself through the logo, design, website, policies – and even tagline. It also gets conveyed via the messages from HR to the marketplace on what type of people they are looking to hire. And this messaging should be first on every employee’s lips when representing the organization, no matter whether their official role is internal or external.

By speaking the same language and starting from the same messaging platform, the brand can be communicated out a thousand different ways – but all conveying the same consistent promise. And then every employee, partner and yes, customer, will become a brand ambassador.