What Does Success Look Like???

Let’s face it – the unknown is daunting.  Even extensive planning can’t always prepare you for challenges you may face in your entrepreneurial endeavors – whether you’re a startup CEO, a handbag designer or an aspiring indie author. Sometimes you just need to trust in yourself and be confident in your abilities. Obstacles may seem insurmountable at first glance but if you are dedicated to your efforts and you do the proper research, you WILL work through them.

You can’t crush true entrepreneurial spirit. If you have it, it’s only a matter of time before you find your niche. Each “failed” attempt has to be viewed as a lesson learned. The real failure comes about when you don’t take anything away from the experience, when you don’t apply any of your newfound knowledge to your next endeavor.

My advice is simple. Embrace the unfamiliar and power through. You’ll never know the full extent of your capabilities if you don’t navigate outside your comfort zone. We can’t always be the best at everything but we should always strive to be. Don’t let fear of failure hold you back. Sure, you may accumulate a mound of debt in the process (something your husband won’t ever let you forget) but you will have taken control of your future.

Clear strategy concept as a straight road going over confused paths for achieving success in the future as a symbol of business vision and planning to solve the maze.

Be passionate! If you aren’t, find a new goal. You’re not cut out to be an entrepreneur. It takes too much time and effort to launch a new business and if you don’t love what you’re doing, you’ll never get it off the ground. If you’re not willing to work harder than you’ve ever worked before, preserve your sanity and come up with a new game plan.

Take a risk. You’ll never have all the answers or the insight you need to feel comfortable in EVERY situation.  But that’s okay, because you have faith, drive and ideas to propel you toward your goal.  Sometimes, that’s all you need to achieve success.

Believe in yourself and what you can do. SEE yourself creating, developing, designing, writing, and selling. The powers of the subconscious mind are astounding. Envisioning success is just more positive reinforcement you can apply to your effort. Never let negative thoughts permeate your mind – they will only hamper your efforts. See yourself hitting #1 on the New York Times bestseller list, see a Hollywood A-lister clutching one of your evening bags as she graces the red carpet at the Oscars, see your gadget in the hand of Mark Zuckerberg as he sings its praises to the press. See it, believe it, and make it a reality.

Don’t be afraid to fail.  That only really happens when you give up on your dreams. Outcomes that don’t match your expectations aren’t an indication of defeat. Think of them as lessons learned, pearls of wisdom to draw upon at a later time, things that need to be tweaked as you progress toward meeting your goals.

Try new things. Be creative. Think outside the box. Do something nobody has thought of before. Find the whitespace and clutter it up with your ideas. Don’t try to create demand; figure out what people need and give it to them. Why waste precious resources building something that nobody wants?

Life is all about taking chances. If you play it safe ALL the time, you’ll never uncover your true potential and untapped talents.

LEAP. Nothing worth having ever comes easily. Even if you crash-land, you can still say you tried.

And finally, never give up… on your dreams or on yourself.

Business woman celebrates successful deal at office. Business People

Startup Spotlight: Ditch The Dummy

I remember the days of pacifiers…and my little Lulu was an addict. She couldn’t take a step without one in her mouth and one in each chubby little hand. And nighttime was the worst because she’d constantly knock them out of her crib and scream bloody murder, giving my and my hubby near-heart attacks from being shocked out of as deep a sleep as we could hope for with a very vocal baby. There were no solutions beyond tossing them into the trash when we’d had just about enough, which is exactly what we did. And we paid. Handsomely.

But now there is a solution! And it’s created by a company called Ditch the Dummy! The dummy is the pacifier, not you, by the way…

Penny Angela is the CEO of Ditch the Dummy and she had a plethora of sound bytes to share about entrepreneurship, motherhood, motivation, and potential pitfalls of creating a brand-new business.

1. Penny, what made you decide to delve into the world of entrepreneurship?

The reason I decided to delve into entrepreneurship was purely accidental. My husband and I fostered a beautiful 20-month old little boy called Joey. He was addicted to his pacifier. The only time it came out of his mouth was to eat.

Joey was a very shy little boy and could only speak a couple of words. We waited a couple of months before trying to wean him from his pacifier, giving him a chance to settle in, feel comfortable and with the minimal amount of stress.

Pacifier weaning Joey was horrendous! We tried just about everything, from cold turkey to losing it, nothing worked. Then a friend suggested poking a hole in one of his existing pacifiers. We did it, and it did work.

After a few days Joey just put it aside and that was basically that. He had effectively weaned himself.

Then purely by chance, I came across an article on pacifier weaning and how it can be harmful to alter your child’s existing pacifier, apparently pieces of silicon can become embedded in your child’s gums or even create a choking hazard. Basically the integrity of the pacifier nipple can be compromised.

Pretty horrifying!

But knowing this method does work, I thought if I could create a product for pacifier weaning along those lines, but with a manufactured hole, it would still work the same, but be totally safe.

I went online to see if there were any pacifier weaning tools available, and only found 1 tangible product, (besides books) a set of 5 pacifiers reducing in size. I sure this works very well, but it’s quite pricey, ranging from $20 to $30 depending on which site you made your purchase.

I thought that if there was a pacifier weaning product that could be retailed for around $10 including shipping, it would be affordable for most parents. I would definitely have bought it!

Hence, “Ditch the Dummy” was born.

I originally came up with the name “Binky Stop” but after research, found the word “Binky” was trademarked by another company, and so were most catchy pacifier names.

I was born in England, we call pacifier “Dummies,” and so “Ditch the Dummy” was it.

We are currently selling “Ditch the Dummy” from our website www.ditchthedummy.com, as well as on eBay and Amazon.

2. The number of aspiring entrepreneurs is rapidly growing, and everyone is looking for a way to click with their online target audience(s). Do you have any tips to share about how to connect with potential buyers?

Connecting with potential buyers is always going to be the hardest part of bringing a new product to market. Luckily with a niche product like mine, with a defined target “parents between the age of 20 and 40”, it’s a little easier to narrow down your target audience. I find Twitter and Facebook advertising to be my best source for customers. By joining lots of parenting groups on both these platforms, posting articles, blogs and ads regularly.

Website SEO is also an ongoing work of art. Pay per click advertising can be quite expensive so spending some cash on search engine optimization may be a must, if you’re as non-techie as me. I definitely recommend the Yoast Premium plug in for any website.

3. What are your top three tips for people looking to establish an online presence?

Top three tips for people looking to establish an online presence would be: 1. read lots of books on marketing strategy, social media and e-marketing and take plenty of notes. There’s also a huge learning source out there on YouTube – I found most of my social media advertising tips from an Australian YouTuber called “Lazy Ass Stoner”! 2. Get to know your competition, follow them, what are they doing that you can do better? Then do it. 3. Be prepared to spend hours and hours on your computer.

4. What is your favorite part about running your own business?

My favorite part of running my own business, is not that I don’t have a boss (in fact I do, it’s Me, and I’m a toughie). But I love that I can stay home and work. I’m here if my little boy gets ill and needs to stay home one day. This was a huge problem when I had my 9 – 5  job.

5. Did you have any big aha! moments as you launched Ditch The Dummy?

When I launched “Ditch the Dummy” I guess my big aha moment was my first sale! You just can’t beat that feeling.

6. What would you say are the top three skills needed to be a successful entrepreneur?

I believe the top 3 skills needed for any budding entrepreneur would be, first – time management. I was all over the place at first, but now I have my days planned, I know what I’m doing, I no longer feel that I’ve worked all day and just spun my wheels!

Second would be delegation. You soon find out that you can’t actually do everything yourself. If you have family or friends who can help out in any way, don’t be afraid to reach out. This can save a lot of time, frustration and energy on your part. Let people know what your doing – the helpful tips will soon start rolling in.

I believe the third would be tenacity. You have to believe in your product and stand beside it 100%. You have to be as tenacious as a bulldog, your product is your chew toy. You need to keep shaking that chew toy to get it noticed. The minute you stop, your sales will too.

7. What have been some of your failures since launching Ditch The Dummy, and what have you learned from them?

I guess my biggest failure in the “Ditch the Dummy” launch was in the development of our website. I’m not at all techie, and actually got my website account suspended in Google Shopping. There were a lot of hoops to jump through to get it reinstated, believe me. There’s a lot more to a website than pretty pictures and a shopping cart, so do your research; make sure you have all your policies in place. Do not – I repeat do not, upset Google!

8. As a momtrepreneur, what advice can you offer other moms who are trying to launch a brand-new business?

As a momtrepreneur (We eventually managed to adopt Joey) I think the best advice for other Moms starting their own businesses would be to get a mentor or a series of mentors. At the very beginning of my journey, I joined Micromentor.org. I think I’m on my 6th mentor at the moment and still in contact with my first. Micromentor.org a free website where you can connect with mentors for all stages of your business, from creation to marketing to website SEO. These mentors are experienced business people who make themselves available free of charge and have a wealth of knowledge.

9. If you had the chance to begin your career again, what would you do differently?

If I had a chance to start my career again? Well, this is my new start! In retrospect, I should have done a huge pre-launch. I waited for my product to land in Miami before I actually did any marketing. I basically wasted quite a lot of time. I was just so worried about something happening to my product and not being able to fulfill pre-orders. Well, we did have a hurricane!

10. What motivates you?

Motivation? For decades parents have been snipping holes in their child’s pacifiers for weaning purposes without knowing the dangers and this needs to stop. We need to educate. This is my mission.

Every transitional period in a young child’s life can be pretty traumatic, for both parent and child. I hope “Ditch the Dummy” will make life just a little easier and safer for the 40%, yes, 40% of toddlers who have “Pacifier Addiction.” This is my motivation.

If you’re not motivated by your mission and/or your product, then maybe, just maybe it’s time to look elsewhere for your entrepreneurial success.

Check out Ditch the Dummy on Facebook and visit their website!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Compete At Your Peril?

I just started reading “Zero To One” by Silicon Valley innovator, entrepreneur and prominent venture capitalist, Peter Thiel. He presents a unique way of thinking as a key ingredient for startup success. Startups have to generate new ideas and act on them rapidly to grow and expand their operations. That’s really the only way they can survive. They have to think out of the box and react quickly to take advantage of perceived market trends. Because of their small size, they can be nimble and test/document/respond to their ideas and deliver them in market with tight turnaround timeframes.

But that’s not an easy feat when you have to deal with that pesky little problem called competition. Yes, it fuels the creative flames but sometimes it’s hard not to get caught up in the rat race. As a small business owner, you need to make sure your brand stands out from the rest in a positive way otherwise you’ll never get the recognition you need to prosper.

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Competition is healthy to a point. It drives us to excel but it can divert our attention from developing new ways of becoming even better. Think of it this way. You make giglets and compete with three other giglet manufacturers. It’s all-out war between your companies because you are all struggling to be the number one giglet manufacturer in the world, all focused on being more attractive to prospective buyers, using new colors, shapes and sizes to differentiate your offerings from those of your foes, tearing down the competition at every turn, thinking, hoping and praying these methods will advance your sales goals.

But you’re all missing the critical element of innovation. Changing small facets of your product to make it look a little nicer isn’t transformational. It’s imitative and largely ineffective in the grand scheme of things. Focusing all your efforts on competing with others in your space is a waste of time, effort and resources and will only get you marginal results until another giglet manufacturer comes along and figures out how to take the show to the next level. Then POOF! Your giglets are history.

Instead, figure out what your brand brings to the table, what your value proposition is and how you can make your offering more relevant to the lives of your targeted customers. Do something BRAND NEW and go from ZERO to ONE. That type of thinking and execution results in positive impacts to your bottom line. Get out of the way of your competition. Let them spend their precious time battling for that top spot. You focus energy, time and effort on what makes your offering inherently great or how you can GET TO GREAT.

Your path to the top will then be within reach.