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Don’t Start A Business Doing What You Don’t Genuinely Enjoy Doing – FlyMyAds CEO

February 1, 2012 in Blog

mayor1 Don’t Start A Business Doing What You Don’t Genuinely Enjoy Doing – FlyMyAds CEO Presenting Mayowa Anibaba, Mcneil Afegbah and Ayodeji Agboola, Co-Founders of FLYMYADS an online advertising platform born out of passion to help Nigerian businesses achieve more in this age and time where internet is now the central of the world business opportunities. Below is the interview, please read, share and be inspired.

Q: Please tell us about yourself, your background and interests.

A: Hi my name is Mayowa Anibaba , a graduate of the university of Lagos and web developer .  Wrote my first lines of code back in 1998, was in JSS 3 then and a friend and I decided to VISUAL BASIC cause we wanted to create our own video game lol. I didn’t quite get the game done but I never stopped coding.

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7 Ways to Overcome Age and Be Respected as a Young Entrepreneur

January 30, 2012 in Blog

young entrepreneur e1327413251378 7 Ways to Overcome Age and Be Respected as a Young EntrepreneurMany years ago the barrier to entry into business was high. Starting a new business was extremely difficult for a young twenty something year old not to talk of a young person below the age of 20.

While this has certainly changed in the 21st century there are still challenges of credibility, access to funding and so on facing a young startup entrepreneur.

In some climates like Africa, the Middle East, Asia and South America young entrepreneurs have to fight against a mindset where people tend to see youth as not with potential for success but as liabilities. Read the rest of this entry →

Breaking Down Apple’s Billions

January 28, 2012 in Blog

steve jobs apple 300x172 Breaking Down Apple’s Billions

Late Steve Jobs, Founder of Apple Inc.

It’s no secret Apple, one of the most valuable public companies in the world, is making major cash off today’s tech gadgets — but how much?

This week, the company reported a record net profit of more than $13.6 billion for its quarterly report lasting 14 weeks and ending Dec. 31, 2011. A rumored summer release of the iPhone 5 will help keep the money flowing in this year for the more than $400 billion company.

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10 Secrets Of McDonald’s Success

January 26, 2012 in Blog

macd 10 Secrets Of McDonalds SuccessOn average every man woman and child in Britain visited McDonald’s 21 times last year with the company serving 1.3 billion customers in 2011 alone.

While shops across the UK issue profit warnings or go into administration, the burger joint is thriving – announcing 2,500 new UK jobs with a side of record profits this week, it’s the ninth year in a row McDonald’s sales have grown.

But how it is doing so well when others are failing? Read the rest of this entry →

How to Create a Positive Business Outlook

January 12, 2012 in Blog

positive business outlook How to Create a Positive Business OutlookStaying positive in a negative environment can change not just your business, but your entire life. Read the rest of this entry →

Seven Ways to Make Your Customers Love You

January 10, 2012 in Blog

With so much emphasis placed on finding customers today, business owners often lose sight of keeping the ones they have. Here are a few surefire ways to stem those losses.

These days, every customer counts.

So why then do companies lose them? Between moving away or passing away and switching to a competitor — the excuses are many for why customers may jump ship. But the No. 1 reason why customers bail is the feeling of indifference toward a product or service.

To counter this ambivalence, it’s key to make sure your customers feel and perceive that they’re wanted and want to stay where they’re appreciated. But to make customers love you, you’ll have to work even harder. Here are seven ways to win the devotion that makes for loyal customers:

Never assume. You may think you know what customers want. But what if you’re wrong? The main reason such a high percentage of new businesses fail is because those companies are trying to create demand where there isn’t any, or they’re built around untested or unproven ideas that are hard pressed to attract even a small sampling of customers.

  1. Don’t make the same mistake. Test and start small, and build your product, service or value proposition around the wants, needs and desires of your target customer. Not only will you get a better understanding of customer needs, you’ll be able to identify innovative ways to solve their problems and exceed their expectations.
  2. Always deliver. To win customers back, you need to deliver on time, every time. If a problem arises, inform your customer right away. Explain how you’re going to deal with it. Then follow up again — and again — to ensure positive results. This also goes for your invoices and any correspondence. You might even create a system to ensure that each task gets completed correctly and is always delivered in a timely fashion.
  3. Personalize loyalty programs. In order to ensure you have a winning loyalty program, you must plan, design and execute it in a systemized way. Plus, you need to show the value of it and continually demonstrate that value to your team. An example of a really big company that does this on a personalized level is Caesars Entertainment, which has mastered the art of customer loyalty programs on a massive scale to drive profit.
    For instance, Caesars knows, down to the penny, just how much its top customers are likely to spend at any of its properties, and what types of activities individual customers prefer when they stay — be it gaming, dining or taking in a show. This knowledge allows the company to issue customized offers that may be more appealing to Caesars’ best patrons.
  4. Train your staff. Here’s where scripting comes in. Use periodic training sessions to help give your team the skills that are necessary to boost your company’s reputation, trust, empathy, flexibility and verbal communication proficiency. This is vital because each customer contact with your team is an opportunity to build your reputation — or destroy it.
  5. Say “Thank You.” Sounds obvious, but consider this: When was the last time you received a thank-you note from a company you do business with? Or any notice, other than when a payment is due? This simple strategy can really make an impact and says a lot about your company and the value you place on customers.
  6. Stay connected. While the frequency may vary, every customer should receive an off-line “touch” at least once per quarter and, with an email or e-newsletter, even more often. For instance, once a week with an “opt-in” message may do the trick. Over time, you can develop a relationship with your customers, especially if your “touches” are information or educationally-oriented and are designed to add value to their experience with you, rather than just as a mechanism for pushing products or services.
  7. Play favorites. New customers are critical to growth, but you must ensure that current or long-standing customers get VIP treatment as well. Nothing is worse for loyal customers than to see products or services they bought at full price discounted to entice new customers. You can turn this around by offering exclusive loyalty programs, deals or specials geared specifically to your best and most loyal customers.

How to Tap the Power of ‘Thank You’

January 7, 2012 in Blog

thank you How to Tap the Power of Thank YouThere may be only one day a year devoted to giving thanks. But expressing thanks regularly — year round — and doing it well is one of the most profitable business strategies you can have.

Study after study reveals that when you say “Thank you” to your customers, they both spend more money and tell their friends about the exceptional service and Read the rest of this entry →

How To BuildYour Business Through Word of Mouth

January 6, 2012 in Blog

word of mouth e1325686077469 How To BuildYour Business Through Word of MouthWord of Mouth (WOM) and Buzz Marketing are two of the most sought after outcomes for anyone trying to gain exposure for their product or service.   WOM and Buzz Marketing can be your best friend Read the rest of this entry →

40 Ways Small Business Owners Waste Their Money

December 23, 2011 in Blog

toilet ta 25006 e1321335478998 40 Ways Small Business Owners Waste Their Money

We were curious to see where business owners waste the most money in the early days. So we reached out and asked what small business owners thought was the #1 biggest money waster for small business owners. Some common answers focused on different aspects of office space, marketing and hiring staff. Hopefully this list can help you avoid some of these mistakes and help you better invest your businesses money. Read the rest of this entry →