How Do You Know You’re Ready For Launch?

We all want a big-splash launch – no matter what the offering. Who wouldn’t want mountains of accolades and recognition for a job well done?

In the period leading up to your big day, the best advice I can give consists of one very important word – plan.

Planning is critical to a successful launch, so make a list of everything you can possibly do to make your event as grand as possible. Here are a few suggestions to consider:

  • Create a Task Timeline – Identify each component of your launch prep along with an expected timeframe for completion and a point of contact.
  • Prioritize Each Task – For each group of tasks you’ve outlined, ask yourself which ones will have the greatest impact on your launch. Focus on the ones that will deliver the biggest bang for your buck first.
  • Ask For Help – Reach out to all your contacts – family, friends, colleagues – anyone who can help you spread the word. Send them Facebook posts, tweets, images to share via Instagram, fliers to hand out in their towns – anything that will highlight awareness.
  •  Leverage Your Existing Fan Base – Come up with creative ways to engage your existing fans. Word of mouth is the most effective way to generate interest because of the credibility factor so ask your fans to get involved with your launch.
  • Cross-Promote – Identify potential partners who have launches around the same time as yours and augment your target audience by gaining access to theirs.
  • Maintain Your Plan – Update all notes and statuses so at any given point, you can see exactly what your progress has been in preparing for the launch.
  • Follow-Up As Needed – People generally don’t have a sense of urgency about someone else’s endeavors so a gentle nudge is sometimes warranted.
  • Get Out the Corkscrew – When you’ve fully executed your plan and feel confident you’ve done all you can do, the rest is up to the stars. So sit back, relax and have a glass of wine because you deserve it.

Red and white wine pouring on wood background

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!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

What Kind Of Mindset Should An Entrepreneur Have??

I love Quora. It’s a really cool knowledge-sharing site. You register and build up your profile with topics of interest. Then you can apply your own experience and answer users’ questions about said topics. As you build up your credibility on the site, people then come to you to answer their questions.

I’ve gotten some cool questions but just answered this one today and thought I’d share. =)

What Kind Of A Mindset Should An Entrepreneur Have?

Passion Is A MUST! – Starting a business and trying to gain traction can be extremely disheartening at times so the more you believe in your offering and your ability to sell, the more effective your pitch (and outlook) will become.

Listen To The Naysayers! – Don’t delude yourself into thinking your offering is the end-all, be-all.  You need a thick skin if you’re going to succeed as an entrepreneur. People will slam your ideas. Get used to it. Graciously accept criticisms and feedback then figure out how to respond to objections. Figure out what your key differentiating points are and highlight those to everyone and anyone.

Never Be Complacent! – You’ll have to work harder than you’ve ever worked before to create momentum and then work even harder to KEEP it. I heard a really cool quote this weekend that totally applies. I was at a writing conference and a number of bestselling authors were presenting on sales strategies. They all said market yourself like you’re nobody EVEN IF you’re somebody. This applies to ALL business endeavors.

Be Restless! – Let your creativity flow! Don’t be complacent and accept the status-quo. Dig deep and figure out to disrupt. It’s okay to incorporate new ideas into your offering. Make it as compelling as possible and if at first you don’t succeed….well, you know the rest. 🙂

You Will Never Know Your Limits Unless You Push Yourself To Them

Drawing Inspiration From The Silver Screen?

I read an interesting article in Forbes today titled Four Movies Every Entrepreneur Needs To Watch.

Cool picks, couple of my faves made the cut. Definitely check them out. Chris Myers has some interesting perspectives to share and I have a few of my own selections to add to the list.

The Pursuit Of Happyness

Chris Gardner. If his story doesn’t make you want to grab life by the horns and charge, I don’t know what will. The guy had no resources, a young son whose livelihood depended on his success but man, did he have the will to win. Entrepreneurs often face seemingly insurmountable obstacles and the successful ones never let themselves get burdened with a defeatist mentality. Frustration may reign temporarily but at the end of the day, they’ll do what they need to grow and prosper.

Take away? Never let a lack of resources hold you back from accomplishing your goals. Stay true to your dreams and push forward until you reach them.

Moneyball

I bet Hubby will like this one. =)

An interesting pick from me but in this case, it totally fits the list. Billy Beane, GM of the Oakland A’s, figured out there were certain stats that were better indicators of offensive success and it turned out those stats were cheaper to buy on the open market than more commonly tracked stats, like speed. By re-evaluating the way the industry identified and paid for talent and fundamentally changing their win strategy, the Oakland A’s made it to the playoffs in 2002 and 2003 with a fraction of their competitors’ payrolls.

The end result? Management transformed their way of thinking and strategizing, yielding huge returns for the team for years to come.

Iron Man

Okay, this one is a no-brainer and not just because I have a tiny celebrity crush on RDJ. Genius billionaire playboy philanthropist…hello!!! He’d been kidnapped and forced to make a weapon of mass destruction. Instead, using a box of scraps and his engineering brilliance, he created a powered suit of armor used to escape his captors. Yup, Tony Stark, probably the sexiest entrepreneur to strut the Earth, transformed himself into a superhero whose cutting-edge technology ultimately saved the world.

Message? A new take on an existing product can make a business explode with possibilities (no pun intended).

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Wanna Be A Crowdfunding Success Story?

Aspiring entrepreneurs can learn so much from crowdfunding success stories. Taking advantage of websites like Kickstarter puts your brilliance on virtual display for a whole host of future customers. But if you want to command major bucks for your company, carefully consider the forthcoming pieces of advice. Incorporating them into your pitch will make your idea that much more investment-worthy and ultimately help you meet your fundraising goal.

1. The Elevator Pitch – If you can’t sell your idea during an elevator ride, LEARN HOW TO DO IT. Embrace the art of writing an elevator speech and then memorize it. Practice it in front of a mirror. Think about a tweet. You get 140 characters to make someone decide to favorite or retweet your thought. Same concept applies here. Two sentences, thirty seconds – compress that story and sell the heck out of it before your target audience loses interest. You have one shot to captivate them. Don’t mess up.

2. Swear Partners To Secrecy? – Not if you want to heighten awareness of your product or service. Pre-launch is super-important because you want to have your “street team” already assembled and evangelizing your offering. Get the word out by leveraging your network, which will best position you for a big splash. Don’t be afraid of someone stealing your idea. Chances are pretty good nobody will run with it and beat you to the punch.

3. Plan For Delays – Challenges often crop up when planning for a product or service release. Best case, you launch on your scheduled date. But always have a contingency plan in place as backup, as well as a communication ready for all the folks eagerly awaiting your launch. You want to keep them personally invested.

4. Just Give Me A Reason – The product is supremely important to prospective investors BUT the story should never be overlooked. To sell a product, you need to establish a reason WHY someone should buy. Use the story to create the perception of need and watch it drive the demand.

What other pearls of wisdom can any of you successful crowdfunders share??

Of Course I Want You To Stroke Me…Er, My Ego

If you’re an entrepreneur, you need to have a thick skin. You’ll come into contact with plenty of naysayers who will try to blast your ideas to smithereens. Don’t let them break your stride. LOL. I’m totally dating myself by making that reference…

One night, Hubby and I had dinner with a dear friend of mine and we were talking about her new men’s skincare company. Hubby asked some pretty probing questions and she got very defensive about her products and strategic direction. And trust me, he was going pretty easy on her.

Beware, questions like these come up more often than not and you’d better be ready with convincing responses if you want to convert a prospect into a customer.

  • What makes your product so much better than the competition?
  • What’s the value proposition of your product/brand?
  • How will it benefit me?
  • Why should I pay your price when I can get the same thing cheaper?
  • In short…what the heck makes your product so special?

But not everyone can handle the questions. Some people are just very invested and they take their endeavors way too personally to separate themselves.

Getting defensive is a natural reaction. After all, someone is challenging the idea you created and made a reality. It’s a tough pill to swallow.  Remember, not everyone will see the same value in your offering and that’s OKAY.

You know the saying….about opinions… =)

My advice is to figure out the answers to the questions BEFORE someone asks. S/he may not care for the responses or run out and buy your product but at least you’ve considered the objections and know how to handle them when they arise.

And that puts you ahead of the game.

Why Should I Care???

Okay. If I haven’t made this point clear in the past, let me try again.

People are INUNDATED with information, 24 x 7. If yours doesn’t have the potential to minimally raise an eyebrow, KEEP IT TO YOURSELF!

I’ve experienced this firsthand in my own entrepreneurial endeavors and it never ceases to amaze me how some people just don’t care about contributing to the overload. They have something to say and darn it, it shall be said. The only problem is, oftentimes, NOBODY CARES!!!!

Business owners are focused on distributing a message but they don’t always focus on the value proposition of said message. The value prop is the internal benefit derived by the recipient of the communication.  It basically tells people why they should care about the information being presented.

  • Why do I care about your product or service?
  • How will it improve my life?
  • What makes yours better than the competition?
  • And oh, by the way, what can I get for trying it?

Yeah, if you hadn’t already guessed, freebies and discounts go a LONG way. It’s worth the investment if you can convert email subscribers to customers.

Takeaway? Make the message meaningful and impactful and give prospective customers an incentive to BUY.