How to Conduct a S.W.O.T. Analysis

If you’ve never heard of a S.W.O.T. Analysis, then you probably need one. This is a crucial piece to strategic planning and setting business goals and objective.

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No matter what industry you work in, a S.W.O.T. Analysis can help you determine your business goals, objectives, and strategic plan. 

What exactly is a S.W.O.T. Analysis?

S.W.O.T. stands for Strengths, Weaknesses, Opportunities, and Threats. If you’re unable to hire a third party company to conduct this analysis for you, here are some basic tips to do this on your own.

Strengths.
Take a look at your analytics and sales and identify the top 3-5 things your business is doing very well. These are your strengths. Many people, including myself, have a hard time talking about the things we’re doing well. But the numbers don’t lie! Do a deep dive into your stats and celebrate your wins.

Weaknesses.
Here’s the part we’re all good at! Identifying what is not going so well. Take the stats you’ve gathered about your strengths, and look at where there is a need for improvement. You also want to understand the why. Is there a reason you’re performing low in one area of business, but higher in others? Are there numbers behind the failures that can help you turn them into wins?

Opportunities.
This is my favorite part of a S.W.O.T. Analysis. Here is where you can take those strengths and weaknesses, and create a strategic plan to turn them into new opportunities for your business. Look at the silver lining.

For example: If you know your social media stats are performing well, but your website traffic is low, you can find ways to direct traffic from social media to your website by adding your website link at the end of every post, or adding more website content that will make people want to visit.

Threats.
Here is where you have to keep it real with yourself. Even more real than when you had to determine your weaknesses. Threats are more than competitors, these are also areas where you can even be a threat to your own business. How are you hindering yourself? Are you afraid to invest in your business? Are you too scared to take advantage of new opportunities? Threats are worse than weaknesses. A weakness can be improved, a threat could potentially end your business.

We only have 4 more months to close out 2018. As you move through the remainder of the year, I challenge you to perform a S.W.O.T. Analysis and prepare your business for 2019. If you need help with this, please do not hesitate to contact me

Spring Clean Your Website

It’s time to spring clean your website and improve your SEO.

When was the last time you looked at your website? Or did you forget you have a website? It is so important that you keep up with trends in SEO (search engine optimizations), Google’s algorithm, updates within your industry, and transfer that knowledge into updating your website at least once per quarter.

Spring is here and it’s time to clean house! We briefly touched on the significance of updating your website in 3 Things You Can Do Today to Polish Your Digital Presence, but now it’s time to dive deeper. Follow these 5 steps to begin optimizing your website today.

1. Remove or hide unused pages.

If you have pages on your site that no longer fit your brand goals or serve a purpose, remove or hide them from your website navigation. There’s no reason for you to have pages on your website that don’t make sense for your business or that you don’t plan to update.

2. Update your website content.

Make some updates to your homepage or about us content, add more blog posts, put your pictures in your gallery, or add new testimonials. Every page on your website should have a purpose and a clear call to action. Put yourself in the customers shoes and think, “if someone landed on this page, would they understand what I want them to do?” If the answer is no, it’s time to make some changes.

3. Add your favicon.

This may seem trivial, but this simple fix is all about the customer experience. Not only does it help website visitors know they’re in the right place, it allows them to browse the web and easily get back to your site if they have multiple tabs open. Your favicon should be simple – preferably your logo. The space is limited so choose wisely. See below for examples of favicons from Facebook, MailChimp, WordPress, and yours truly.

Screen Shot 2018-04-02 at 11.03.06 PM

4. Make it pretty.

We have all left a website because of aesthetics. If your pictures are blurry, fonts are hard to read, colors too loud, you are increasing your chances to have a low site time and a higher bounce rate. I am a stickler for ugly websites. When I see a website that is not up to par, I assume this person doesn’t care about their brand image. If a business doesn’t I’m trying to work with doesn’t care how about how they look, how can I expect them to care about me?! Whether you’re completely coding your website, or using a platform with built-in templates, pay attention to readability and be mindful of the customer experience.

5. If you can’t do it right, find someone who does.

There are some things we just have to leave to experts; website development should be one of them. If you’re unable to make the necessary updates to your site to make it beautiful, functional, and SEO friendly, then you may want to pay someone who does. There’s nothing wrong with outsourcing the work. I always use the example, “would you fix your own roof?” I would hope not! If the changes you want to make are too difficult to make on your own, there’s are tons of people out there who can help.

We put a lot into building our websites and they should return the favor! Shannon Mattern, your WordPress BFF, helps people build their website, build their audience, and build their income. We will have the pleasure of hearing from her on April 26th to discuss how to begin monetizing our websites. Grab your ticket today and visit her website to learn more.

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Make Your Seat Unique

There’s a seat at the table for all of us, you just have to find out what makes yours different.

I had a conversation with a friend recently about her business idea and she was feeling discouraged because there are so many people doing what she wants to do. I have seen other people have this same complaint.

“I can’t do ____ because _____ is already doing that!”

“I won’t succeed in ____ because there’s too many of those!”

Karl Benz created Mercedes-Benz in 1883, Henry Ford founded Ford in 1903, and Messrs Rolls and Royce came shortly after in 1906.

What if Toyota, Volkswagen, and Honda thought it was too late for them because three companies had already been established? See where I’m going with this?

There’s a seat for all of us at the table, you just have to determine what makes your seat unique. Here’s how to do it:

1. Who is your product for?
Sure, Ralph Lauren sells Sunglasses, and so does Oakley. It’s clear that their target audience is two very different people. Understand the WHO, so you can properly market the WHY!

2. Branding. BRANDING. Branding.
Yes, branding. If you don’t know by now, branding is EVERYTHING! Branding is the difference between something being high-fashion, and sold in your local Wal-Mart. Both can be equally great! However, you have to determine what image you want to put out into the world.

3. Get your marketing together!
The way you market your product, will determine who buys it. If you’re target audience are affluent persons, but you’re marketing is not on point, how can you expect those persons to purchase your product? From packaging, to product placement, and advertising, this all goes into what sets your brand apart from someone else’s.

Paint your seat gold, pink, or throw glitter on it! Whatever you do, make it unique and make it yours. There’s a sit at the table for all us to win!

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Content Planning: Why & How

We’re one week into 2018 and I hope you are ready to take your content strategy to the next level! First things first, let’s talk about why you should plan content and how you can get started. 

Need someone to handle your content strategy? Let’s connect!

2018 is here and it’s time for you to get your content strategy revamped and ready for the new year. If you do not plan out your content, you’re not giving yourself the opportunity to truly measure your success.
As a one-woman shop, we have two major roles to play: we have to work IN the business and ON the business. Planning out your content will give you more time to focus on other major tasks that are going to take your business to the next level.

What exactly is content?

Content is king. It is everything you see from a business including videos, blogs, posts on social media, eCourses, etc.

How do I plan my content?

  1. You need to decide what type of content you want to circulate and how you plan to disseminate every piece of content you produce. For example, if you decide to create videos and you plan to post them on social media, you need to remember you will have to create the blog content in addition to your social media content.
  2. Next, you should think about frequency. How often do you plan to produce content? Too much content may cause people to ignore you if it’s not of quality, not enough content may cause people to forget you. Find your happy medium.
  3. Find the right tools and resources that work for you. From scheduling tools, to editing tools, do your research and find out what works best for your brand, and your budget. There are a lot of free tools out there to help you get started. Keep in mind as you grow, you may want to start to investing in some platforms that will make sure life easier.
  4. Keep track of how long it takes you to work on each piece of content. This will help you understand which projects need to take priority, and which you can hold off on. As your business grows, you may want to start delegating some of these tasks to employees or third parties if it is taking up too much of your time.
  5. If you’re a visual person like me, you should create a content calendar so that you can keep track of which content is going out, and which platforms they are going to. I use a simple Excel Document that is color-coded for each platform I use. Join my mailing list to get your free content calendar template.

To be completely transparent, I fully understand how hard it is to plan your content in advance and sometimes, I don’t. However, when I do, it is completely life changing for my business and allows me to be able to put my time towards other things.

Download my template and get started on planning out the remainder of January and the first few weeks of February.

Happy Planning!

New Year, New Goals, Time to Hustle

Happy New Year! Here’s your reset. Now it’s time to hustle!

This past year has been life-changing for my business. I have grown my network, discovered new interests that I was able to incorporate into my overall strategy, and I have been able to look at my weaknesses and improve on them. Whether you’re an entrepreneur, or someone interested in climbing the corporate ladder, it’s time to move full speed ahead into 2018.

Here are 3 things I plan to do in 2018 and you should, too!

  1. Stop making excuses – We’re all guilty of it. “If your dreams don’t scare you, then they are probably not big enough.” Stop thinking you can’t accomplish things because your thoughts become reality.
  2. Plan content on a monthly basis – Last year there were moments when I didn’t plan content ahead of time and it was nerve-wracking! This year I’m vowing to plan my content on a monthly basis. Not only will this help me keep my sanity, but it will clear my head to be able to create even better events, webinars, and content.
  3. Celebrate my wins – It’s hard for me to celebrate my wins because I always feel like there was something I could have done better. This year I have promised myself that I am going to celebrate my successes, no matter how small they may seem.

What are your business goals for 2018? Comment below to share!

P.S. Here are some things I hope you left in 2017!

3 Things Creators Should Leave in 2017


Surprise! Respect the Hustle is growing and coming to a city near you! Follow Respect the Hustle on Instagram for upcoming events. New events will be announced soon!

Respect the Hustle

The Black Women in Business Series is also growing and I have some new amazing women to be featured in 2018! Catch up on past features and complete the form below to be featured yourself! Follow the Black Women in Business Series on Instagram.

Black Women in Business

 

3 Steps to Build Your Social Media Strategy

Just because you’re a one-woman shop, doesn’t mean you cannot achieve a social media presence that makes you look like you have an entire social team behind you.

Just because you’re a one-woman shop, doesn’t mean you cannot achieve a social media presence that makes you look like you have an entire social team behind you. At the recent Respect the Hustle event, Kelsea Wiggins taught us the ins and out of the top social media platforms out there. I would recommend downloading her presentation so that you can decide on the right platform for you and your business.

Once you decide which platform works for you, it’s time to create a real social media strategy. Here are 3 steps to get started:

  1. Plan Content – You can use an excel sheet, word document, or even hand-written notes if you prefer. In your plan, decide how often you want to post (I would recommend 1-3 times per week), what days you want to post, and the purpose of each post. For example: If you’re a motivation speaker, maybe you will decide Monday is Motivational Monday, Wednesday is Wellness Wednesday, etc. By creating a formula for yourself, your audience will know what to expect and will begin to look forward to those posts. Note: This strategy can also be used for email marketing. Join me for an interactive webinar on December 28th.
  2. Measure Your Success – Before you can measure success, you must know what you want your return on investment to be. Honestly, social media is not going to significantly increase revenue for your business – unless you plan to spend money on advertising. However, it will increase brand awareness, connect you to prospects, and then you can turn those prospects into customers.
  3. Analyze and Tweak – So, what are you measuring? Impressions? Reach? Engagement? Followers? If you’re not hitting your benchmarks, it’s time for you to reevaluate your strategy and make changes. You should do this at the end of quarter.

Ready to build your strategy? You can use Kelsea’s presentation as a baseline to get started. Not sure you can do this on your own? You can always connect with me and I can either handle all your social media, or I can help you build your strategy.

Do you already have your social media strategy in place? Comment below and share what you’re doing in 2018!

3 Reasons Why You Have to Keep Hustlin’

Monday I hosted my first TJE event titled, Respect the Hustle. The purpose of the event was to bring like-minded women together for an evening of wine and networking. 100 women entrepreneurs registered for this event and nearly 60% of attendees showed up. I’m still trying to wrap my brain around that.

The responses I’ve received thus far have reminded me WHY I need to keep the hustle alive and here’s why you should too:

1. You don’t know who’s watching. While you’re looking in the mirror thinking of all the things you could have done better, there’s someone watching you who believes in you. They believe in your dream and your hustle and they want to see you win!

2. You got shit to do. And goals to reach! You might be closer than you think to the finish line. Sure, there are going to be rough times. That is what builds our character. But you have to push past them and stay resilient to reap the rewards.

3. I need you. Watching the women I’ve build connections to succeed makes me feel like I’m winning, too. I love celebrating your wins! I need you to keep hustlin’ because you motivate me to do the same.

We’re in this together, girl! I know it get hurts but when you want to give up, think about these three things and remind yourself why you started. If you need an accountability, let’s connect and keep each other motivated.

I look forward to seeing you at the next TJE event! Until then, keep hustlin’!

Check out some pictures from the first #RespecttheHustlepictures by Jen Lyttle.

Sponsors:

Wine on Highhttp://www.wineonhigh.com

Stella & Dot by Michelle Vroomhttp://www.stelladot.com/sites/MichelleVroom

Damsel in Defense by Trina D. Harrishttp://www.youdeservesafety.com

Fulciohttps://www.fulcio.life/

Dalisay is Pure – dalisayispure@gmail.com

Bonbons by Linda – bonbonsbylinda@gmail.com

Pure Romance by Tonnisha – pureromance.com/tonnishaenglish

Email marketing has the larger ROI than any other form of marketing. Register today for the first TJE webinar and learn how you can boost for business for nearly, free! Click here to learn more.