Showing posts with label adversity. Show all posts
Showing posts with label adversity. Show all posts

Tuesday, December 14, 2010

It's a Wonderful Business Life Part 1

Part 1 of 2
This post is an adaptation from one I posted on my personal blog yesterday, but I felt the need to share it here. Over the weekend, like most, I spent the majority of my 48 hours away from the office huddled inside by the fire keeping warm from the frigid weather that has its grip on most of the country. Heck, I even think South Florida experienced frost Saturday morning – if it had been today, I’d venture to say they’d have closed down the schools. I know back in my hometown of Atlanta, the threat of snow flurries sent overzealous moms racing to the grocery store in a fit of panic to buy bread, milk and other necessities deemed to be essential to survival of the approaching “apocalyptic” storm – and we [southerners] wonder why Northerners laugh at us, but to all “yous” scoffing Yanks, I cordially invite “ya’ll” down yonder to south Georgia during late August, and we’ll be even. 

Anyhow, as the fire crackled and I mindlessly browsed what was on television (ugh, how archaic! I should have been streaming Netflix to my Blue Ray Player, right?) Saturday night, I happened upon one of my favorite Christmas movies, It’s a Wonderful Life. Not only does the movie capture the timeless essence of the Christmas season – a season of genuine love and compassion for our fellow man, but it also underscores the unpredictability of life and how even the most impassioned of planners [George Bailey] cannot guarantee a certain route to follow.

Many of the followers of this blog are entrepreneurs, small business owners, and salespeople, thus I’m especially speaking to them, but the movie’s lessons are equally applicable to any person from any walk of life.

In my opinion, the movie delivers an especially poignant message to those that label themselves as dreamers and risk takes. George Bailey, played by the great Jimmy Stewart, leads a life rife with misfortune, and he is befallen with many setbacks to the pursuit of the dreams of his youth. Although he doesn't realize it until the movie's climactic ending when he sees the world devoid of his existence, his life created immeasurable value and meaning to his loved ones and the community of Seneca Falls.

Though we can easily become distracted by the detours and outright roadblocks that cause us to alter our path in business and life, I doubt anyone has ever set out on the journey of life and anticipated each twist and turn along the way. Lesson to take from the movie: we are better for them.

Business deals that fizzle free us to connect with other companies and customers more deserving of our time and resources.

Product launches that fall flat refocus our attention to core competencies, products, and services.

I once read, “There’s no right price for the wrong item.” And that goes for marketing. No matter how flashy, tech savvy, or well-accepted around the office, marketing campaigns that lack results remind us to always put the customers’ needs first and build a marketing strategy from that point.

I could write for days about finding the silver lining within each hardship and struggle, but the point is clear: Be like George at the end of the movie; don’t wallow in self-pity because things didn’t work out as planned, instead choose to see the that each obstacle is life’s way of getting us back on our true path from which we had momentarily deviated.

“Every adversity, every failure, and every heartbreak carries with it the seed of an equivalent or greater benefit.” – Napoleon Hill

Go forth with a smile for we only have to get up one more time than life knocks us down. That’s not too tough to do now is it?



Part 2 of this 2 part blog post will be published on Friday, December 17 and will be a comprehensive review of the lessons learned over a 3 year period since Eco-Protective Products' inception in January 2008. Some of the topics are listed below

  • Growing through a recession
  • Rebranding - not as easy as creating a new logo and catch phrase
  • Traditional marketing materials, why they might not be worth the paper they're printed on
  • When to fire a customer
  • Trust your gut no matter how good the hype makes you feel
  • An email can't replace the value of a phone call can't replace the value of an honest handshake
  • Everyone and their brother, mother, and twitter followers want to verify your Green Product but who verifies them?
  • The common push-back, "well, I've never heard of your product, so because I know everything about energy efficiency and sustainable design, your product must not be good enough" and how to overcome it.
  • Lastly, the importance of building a support group of other small business owners & entrepreneurs to share ideas, strategies, laughs, at times, tears, and most importantly to be there to help each other up again when the battles we face each day knock us down.  


Thursday, November 4, 2010

Green Economy: Political Mandates or Free-Market Innovations

I think it's easy to dovetail from our last post – Overcoming Adversity – into this one. Adversity, which can come in a variety of forms and faces, although not easy, can be overcome by anyone, any organization willing to put forth the effort to persevere.
Monitoring the mood of many of my colleagues in the world of Sustainability, Green Building, and Environmentally Friendly products and solutions from a social media vantage point (product plug: TweetDeck is amazing - simplifies the whole social media process), it's abundantly clear that the election has deflated the hopes of many to see comprehensive climate legislation make it through Congress. Some view this as not only a hurdle for the global Environment but on a more personal level, they see the viability and future of their businesses facing a tougher road ahead.
However, I think quite the opposite. The GOP will stand against Cap and Trade and other government mandated climate regulations, but that doesn't have to stymie innovation and product implementation. Despite its best and sometimes misguided efforts, the Government has never led the way (in this and other Capitalist nations) in innovation; the free market has always risen to the challenge to meet the needs of society and the consumers who comprise it.
And this is my message to all businesses – traditional or “green”: if you're operating in a downward economy, a less favorable political climate, or with declining sales [etc.], use that adversity as an opportunity to either improve the value that your product or service provides the end-user, revamp your corporate image, retool your marketing strategy, etc.

The Statue of Liberty: Edward Moran
  1. Hyatt
  2. Burger King
  3. International House of Pancakes
  4. The Jim Henson Company
  5. LexisNexis
  6. FedEx
  7. Microsoft
  8. CNN
  9. MTV Networks
  10. Trader Joe's
  11. Wikipedia
  12. Sports Illustrated
  13. General Electric
  14. Hewlett Packard


Regardless the function of a product, if it can cost-effectively satisfy a need, and is clearly and intelligently marketed, then there is no need for Governmental interference and the free market will prevail.
On the other hand, if you find that you’ve have poured hours of R & D and marketing into a product without much Demand, don’t necessarily give up. A) use that experience to ensure that the same mistake[selling unwanted products] doesn’t happen again & b) table that project, for there may be a need for your product in the future.
In closing, I want to mention that regardless of political affiliation (hippies to tea-partiers), geographic location (Jacksonville to San Francisco) or generation (Sponge Bob to Jimmy Stewart), we are all embracing ways to help preserve our environment. Look how far we’ve progressed in the last decade – technology has brought us cars that produce water vapor as waste; the internet provides instant connectivity to all corners of the planet; and there are countless other innovations that would make this list exhaustive and boring to read. You get the picture, I hope. Imagine where we'll be 10 years from today. Here? McFly?
And although government has had a voice in the evolution of these technologies, it has been the brilliance of individuals and the freedom they are provided in a free-enterprise system to innovate and in turn receive value for that innovation.
Remember, as we used to quote William Johnson at camp growing up in North Georgia, “If it is to be, it is up to me”.

Monday, November 1, 2010

Adversity or Opportunity?

At Eco-Protective Products, we try to promote a corporate culture that encourages outdoor activity and time away from work to focus on the needs of the individuals that comprise our company. Not only do I feel great inspiration when out in nature, but I really believe wholeheartedly that our lives become exponentially more interconnected/wired-in each passing day, and it is nourishing for the mind, body, and soul to untether ourselves regularly from whatever network (Twitter, Facebook, work, kids, etc) that drain our energies. In today’s tough economic environment, it is especially important that we recharge our batteries in order to better handle and ultimately overcome the adverse conditions that are ever-present in our personal, professional, and social lives.

While on a run this weekend, I couldn’t help but contemplate times in my own life that I’ve had to endure adversity –sometimes so great that finding the will to go on was an arduous task in and of itself– but, as evidenced by my writing of this column, I was able to endure, survive, and prosper.

Adversity can come in many forms, many of which are relevant to at least someone you know and it can really effect your business, but here are some ways to turn adversity into opportunity to take your business, career, or personal life from good to great.

Ways to Overcome Adversity & Obstacles


1. Sell Your Vision –

According to Lyve Alexis Pleshette, a writer about small and women owned businesses it is imperative to go on the offensive in periods of downward economic times. In other words, those who are persistent, prevail.

“'A leader must be a dealer in hope,' Confucius wrote. Those who can illuminate the darkness are experts at restoring people’s faith in the future, especially the faith of talented people who have run into brick walls. Even if you’re the only person running your business, you have customers and clients, vendors and sub-contractors who need to see your vision. The golden core of leadership is the ability to raise aspirations. Transition is an ideal time to do so. Our intrepid adventurers are unflagging optimists. In many respects, this special species of leaders is 'delusional,' according to veteran executive coach Marshall Goldsmith. 'They are not as good as they think they are, but they have the confidence to pursue big things.' So tune out the cynics and second-guessers who say you can’t beat the odds. Don’t let pouting pessimists rob you from pursuing—and capturing—your dreams."

Read more: Strategies to Overcome Adversity

You don't have to be a modern day Shakespeare to blog.
Provide your readers/customers easy to follow information
relevant to their lives. It's a great informal way to make
a meaningful, personal connection. 
2. Blogging -

According to Lorna Li (an online marketer who specializes in green marketing and writes about green marketing, social enterprise, social media and personal branding in her own blog), green and sustainable business owners shouldn't "count on Obama's stimulus plan to help your green business survive the economic downturn. With a tough economy and increased online competition, your green business needs a blog to be competitive. Blogging is the least expensive way to market, as it is just a fraction of the cost of television or print advertising, and most importantly, in can drive lasting traffic, if done correctly.



3. Look inward

Although Eco-Protective Products’ business model may differ from other businesses, what makes us successful or unsuccessful is no different from the business of a lemonade stand to a multinational conglomerate. In this economy, there are many places to point a finger: the economy, the housing bubble, too much regulation or too little, green washing, poor financing, and so on and so forth.

Adversity allows us to peel back 
the fluff and get to the core 
of our business.
However bad the situation may be, some businesses will gain strength, market share, and brand power through these times, and others will shutter their doors. And I think we all should take this opportunity to look within ourselves and our organizations to make improvements, whether it be discovering new talents from our employees, returning to our core competencies, reaching out & listening to our clients, or encouraging an open dialogue with the stakeholders of our companies. Blaming situational conditions does  little more than afford us an excuse when we allow adversity to  precipitate failure instead recognizing it as the opportunity to lay the foundation for future success.


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