Wednesday, May 14, 2014

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Tuesday, May 13, 2014

Clock's Ticking: A Simple Tool to Pitch Your Idea in 15 Seconds

Clock's Ticking: A Simple Tool to Pitch Your Idea in 15 Seconds
Image credit: Pranav Prakash via Flickr







A successful venture capital investor once told me that he challenges entrepreneurs to make their pitch in 10 words or less.
“If you can’t tell me what you do in 10 words, I’m not interested, I’m not buying and I’m not investing. Period.”
I’m willing to give entrepreneurs a bit more wiggle room, but not much. Fifteen seconds is about right. Fifteen seconds is enough time to grab someone’s attention and to explain the big picture behind a product or idea.
The secret to creating a compelling 15-second pitch is a “message map.” I’ve been a journalist for 25 years so I know a few things about telling a story, and I can tell you that a message map is one of the most effective communication tools I’ve ever used. Rest assured, it will work for the most complex topic -- I used a message map to teach nuclear scientists how to refine their pitch to a congressional appropriations committee. (In my experience nothing is more complicated to explain than the science behind nuclear technology.)
The message map is comprised of two parts:
1. A headline. The headline is the most important message your audience needs to know. Fill in the rest of this sentence: “If there’s one thing I want you to know, it’s ______.” The answer is your headline. Remember, it’s the single most important message you have. Keep it to under 10 words.
2. Three supporting points. Three is a powerful number in communication. In short-term or “working” memory, we can only remember about three things. Great writers often stick to the rule of three. The U.S Declaration of Independence guarantees three “unalienable rights.” There were only three little pigs, not eight. There were three musketeers, and three spirits who visited Ebenezer Scrooge in A Christmas Carol. You get the idea. Support your headline with three messages. If you’re pitching a product, show me three features that will benefit my life. If you’re pitching an investment, tell me three ways I’ll make money on it. If you’re launching a new initiative, give me three reasons to support it.
A message map can be used to pitch your own idea or to distribute to a large team of salespeople to make sure everyone is speaking from the same playbook. For example, let’s visit a retailer called Lush. There are about 200 Lush stores in North America and 900 worldwide. Thousands of Lush employees are expertly coached to pitch the company’s wide range of products concisely and simply. Here’s an example of their brand story in message map form:
Headline: Lush crafts handmade soaps and cosmetics
Supporting points:
  • Fresh ingredients
  • Environmentally friendly
  • Ethical campaigns
If I worked at Lush, here’s how I might be able to use a message map to sell you a bar of soap in 15 seconds or less.
Welcome to Lush. We sell handmade soaps and cosmetics. All of our products are fresh, environmentally friendly and part of our profits support causes we believe in such as animal rights and protecting the environment.
You can create a message map to pitch anything: ideas, products, services, brands. Don’t get too fancy, either.
You can outline a message map on paper or build one on a word document or PowerPoint slide. I’ve seen the message map work for executives, entrepreneurs and spokespeople in a variety of fields. I know it will work for you.
If you can’t pitch your idea in 15 seconds, I’m not interested, I’m not buying, I’m not investing. Period!
Carmine Gallo is the author of TALK LIKE TEDThe 9 Public Speaking Secrets of The World's Top Minds. He also wrote the international bestsellers The Apple Experience and The Presentation Secrets of Steve Jobs, among other books. A popular keynote speaker and communication coach for some of the world's most admired brands, Gallo is a former CNN journalist and his ideas have been featured in The Wall Street Journal, 20/20 and CNBC. Click here to preview a clip from the TALK LIKE TED audiobook read by Carmine Gallo.

10 Things Your Mother Taught You That Will Help Your Business Grow

10 Things Your Mother Taught You That Will Help Your Business Grow
Image credit: Shutterstock








Mother’s Day has arrived, and for me, it's bittersweet. It's my first since having lost my mother earlier this year. In her honor and to celebrate all the wonderful mothers out there, I’d like to revisit some of the great advice received over the years from them. Why? Because of a lot of it can guide an entrepreneur in growing a business.
Here’s a look at 10 classic bits of motherly advice that can help entrepreneurs:
1. Stand up straight. Whether meeting with potential investors or clients, negotiating with suppliers or interviewing job applicants, projecting an air of confidence helps. Eye contact, good posture and a clear voice (no mumbling) communicate that someone is trustworthy, competent and a good risk.
2. Clean up that room. Disorganization costs time. If a business owner doesn’t have a system for organizing files on the computer, tracking tasks, keeping office space clear and managing long-term plans, he or she may end up stressed out and overworked. Entrepreneurs juggle dozens of tasks, and pausing each time when switching gears to figure out where something is saved seriously cuts into productivity.
3. Share. Coopetion (or cooperation between competing companies) can be incredibly valuableto entrepreneurs. It might allow for, depending on the industry, cutting costs, boosting revenue or bringing in new clients. It's possible to set up a referral program with another business owner, order supplies jointly, share office space or otherwise pool resources or divide costs. Find potential coopetition buddies at networking events.
4. Turn off the TV and go to bed. The research on sleep is clear: Business owners need it to be productive, efficient and healthy. The research on House of Cards? So far, there's no evidence that watching another episode will boost the bottom line. So turn off the TV and get some shuteye or risk declining cognitive performance and sagging alertness -- not exactly ideal conditions for tackling a 15-hour day.
5. Go play outside. On a literal level, going outside for fresh air and exercise can boost creativity and reduce stress, making someone more productive and effective upon returning to work. On another level, looking outside the current target audience for clients, thinking outside the box while developing the next marketing campaign or stepping outside one's comfort zone on an investment can offer tremendous rewards.
6. No going out until the chores are done. Everyone has favorite and least-favorite tasks. Get into the habit of taking care of pet peeves early in the day. In the afternoon, when self-control dips because of flagging attention, less discipline will be required to focus on the remaining tasks.
7. Imitation is the highest form of flattery. Some moms use this as the standard response to “She’s copying me,” and in that context it tends to be infuriating. But don't hesitate to copy any brands admired. If possible, entrepreneurs should reach out to leaders at businesses they want to emulate and ask for a chance to pick their brains (mentioning, of course, their admiration). Business owners tend to be more susceptible than children to the flattery that imitation implies.
8. Bored? Then stop being boring. File this under “tough love. Many a mother has said, “Only boring people get bored,” and this advice can sting. But it’s usually true. Those who are bored with their marketing or promotional efforts maybe should realize that their prospects might be, too. It’s hard to shake off a funk, but doing so is crucial for engaging an audience and winning new customers.
9. "There’s nobody quite like you." Worrying about the competition can make entrepreneurs lose sight of why they started a business in the first place. But they might find it useful to remember what their mothers told them as kids about being unique and special. And today they should find confidence in knowing what's unique about their business and that will ultimately pave the way for breaking away from competitors and offering clients something truly great.
10. Say thank you. This Mother’s Day, those treating a mother to brunch or chatting on the phone with her should remember to thank her for all the sound advice she’s given over the years. After all, they never know when that chance will come again.
Ted Devine is CEO of insureon, the nation’s leading online agent for small and micro businesses. Prior to joining insureon, Devine held senior leadership positions at Aon Corporation and spent 12 years as a director of McKinsey & Company.

Monday, May 12, 2014

Break the Ice: 8 Networking Tips for Introverts

Break the Ice: 8 Networking Tips for Introverts
Image credit: Shutterstock
Success is largely determined by an ability to play to your strengths. If you happen to be shy or introverted, don’t limit your dreams or count yourself out just because you don’t fit the traditional image of an entrepreneur. There is more than one path to success.  
Networking events, however, tend to be designed for a particular personality -- the "work hard, play hard," never-met-a-stranger type. Rooms filled with crowds of people -- not to mention the pressure to be interesting and likeable -- is enough to give most introverts sweaty palms.
While visibility is a natural part of networking, that doesn’t mean you have to be the center of attention. Rather than approaching networking like an extrovert, introverts should relax, plan ahead and let their true personalities shine through.
Here are some helpful hints.
1. Manage expectations. If networking events make you nervous, don’t psych yourself out with unrealistic expectations. You may not meet 20 new contacts or impress others with your best joke -- and that’s okay. One quality conversation is more beneficial than 20 superficial ones.
2. Prepare. Plan ahead and prepare some icebreakers. Open-ended questions spur interesting conversations. Most people love to talk about themselves, their work and their hobbies. Ask questions like, “How long have you been a member of the host organization?” or “What’s your favorite part of your job?”
3. Set a time limit. When you decide ahead of time how long you’ll stay at an event, it makes the commitment finite and much less intimidating. At a minimum, give yourself 20 minutes to get your nametag, grab a drink and meet at least one new person. Often, all you need is a few minutes to adjust to the environment. You may be surprised at how often you’ll stay longer than planned.
4. Ask for an introduction. If there’s a particular person you’d like to meet, try to find a common connection and request an introduction. LinkedIn makes this very easy -- and if that doesn’t work, approach the event’s host. You’ll get much further with an introduction from a common acquaintance than approaching someone out of the blue.
5. Practice empathetic listening. Introverts are usually fully-engaged and fantastic listeners. Because most people are better at talking than listening, you’ll stand out as someone who values others.
6. Share your personal stories. Challenge yourself to open up. If you ask consecutive questions without sharing information about yourself, it can start to feel like an interrogation. Participating in the conversation will help it to flow more naturally.
7. Practice. If you’re still extremely nervous or unsure, challenge yourself with low- or no-risk situations. Drive to a networking event in the next town over where you likely won’t know anyone. Experiment with new conversation-starters or stories. That way, even if you make a complete fool of yourself, it won’t matter.
8. Take small steps. With increased practice, you’ll become more comfortable in social situations and with sharing your true personality. Make it a habit to take advantage of everyday opportunities to network. At the office, take small breaks to walk around and casually socialize with your colleagues. Once a week, invite a colleague to join you for lunch or coffee.
The author is an Entrepreneur contributor. The opinions expressed are those of the writer.

Jacqueline Whitmore is an etiquette expert and founder of The Protocol School of Palm Beach. She is also the author of Poised for Success: Mastering the Four Qualities That Distinguish Outstanding Professionals (St. Martin's Press, 2011) and Business Class: Etiquette Essentials for Success at Work (St. Martin's Press, 2005).

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Study lists dangerous chemicals linked to breast cancer

Study lists dangerous chemicals linked to breast cancer


Certain chemicals that are common in everyday life have been shown to cause breast cancer in lab rats and are likely to do the same in women, US researchers said Monday.
The paper in the peer-reviewed journal Environmental Health Perspectives lists 17 chemicals to avoid and offers women advice on how to minimize their exposure.
They include chemicals in gasoline, diesel and other vehicle exhaust, flame retardants, stain-resistant textiles, paint removers, and disinfection byproducts in drinking water.
"The study provides a road map for breast cancer prevention by identifying high-priority chemicals that women are most commonly exposed to and demonstrates how to measure exposure," said study author Ruthann Rudel, research director of the Silent Spring Institute.
"This information will guide efforts to reduce exposure to chemicals linked to breast cancer, and help researchers study how women are being affected," she said.
Some of the biggest sources of mammary carcinogens in the environment are benzene and butadiene, which can come from vehicle exhaust, lawn equipment, tobacco smoke and charred food.
Other concerns are cleaning solvents like methylene chloride, pharmaceuticals used in hormone replacement therapy, some flame retardants, chemicals in stain-resistant textiles and nonstick coatings, and styrene which comes from tobacco smoke and is also used to make Styrofoam, the study said.
Carcinogens can also be found in drinking water, researchers said.
Every woman exposed -
"Every woman in America has been exposed to chemicals that may increase her risk of getting breast cancer," said co-author Julia Brody.
"Unfortunately, the link between toxic chemicals and breast cancer has largely been ignored. Reducing chemical exposures could save many, many women's lives."
Brody described the paper as the first to comprehensively list potential breast carcinogens and detail ways for experts to measure them in women's blood and urine.
The study also recommends seven ways for women to avoid these chemicals:
- Limit exposure to exhaust from vehicles or generators, don't idle your car, and use electric lawn mowers, leaf blowers and weed whackers instead of gas-powered ones.
- Use a ventilation fan while cooking and limit how much burned or charred food you eat.
- Do not buy furniture with polyurethane foam, or ask for furniture that has not been treated with flame retardants.
- Avoid stain-resistant rugs, furniture and fabrics.
- If you use a dry-cleaner, find one who does not use PERC (perchloroethylene) or other solvents. Ask for "wet cleaning."
- Use a solid carbon block drinking water filter.
- Keep chemicals out of the house by taking off your shoes at the door, using a vacuum with a HEPA (high-efficiency particulate air) filter, and cleaning with wet rags and mops.
The research was funded by the Avon Foundation. The Silent Spring Institute is a 20-year-old organization made up of scientists who focus on the environment and women's health.
It is named after the best selling environmental book "The Silent Spring" by Rachel Carson, who died of breast cancer in 1964, two years after the book was published.
Dale Sandler, chief of epidemiology at the US National Institute of Environmental Health Sciences, described the paper as a "terrific" resource for epidemiologists who study environmental causes of breast cancer.
"This paper is a thorough review of toxicology data and biomarkers relevant to breast cancer in humans," he said.

Cervical Cancer

Women over age 65, who may believe they no longer need gynecological exams, may be at a much higher risk of cervical cancer than previously believed, researchers reported on Monday.
Current guidelines are based on data that don’t take into account the high rate of hysterectomy in the U.S., the team at the University of Maryland School of Medicine found.
“We traditionally thought that the higher risk was among middle-aged women. But when we redid the data we found that the rate of cervical continued to increase up to the ages of 65-69,” said Anne Rositch, an assistant professor of epidemiology and public health who led the study published in the journal Cancer.
“In the U.S. it had looked like the peak was at 45 and petered off over that. We actually saw that the peak is actually 65-69 — those were the women with the highest rates of cervical cancer.”
The problem is that 20 percent of U.S. adult women have had a hysterectomy. They don’t have a cervix and cannot get cervical cancer, but they’d been included in risk calculations.
When Rositch and colleagues factored this in, the rate of cervical cancer for women aged 65 to 69 grew by 83 percent, to almost 25 women per 100,000 women this age. It went up even more for black women, to 53 cases per 100,000 back women aged 65 to 69.
The United States Preventive Services Task Force (USPSTF) and the American Cancer Society (ACS) recommend against routine yearly testing. Instead, both recommend that women aged 21 to 65 get either a Pap smear or a test for HPV, the virus that causes cervical cancer, every three years. Women over 65 who have had three “clear” screens in a row are told they don’t need the test any more.
What’s not clear is why rates were higher for older women — perhaps they had not been getting regular Pap smears, Rositch notes.
“Until we know that, we don’t know if the guidelines should be changed,” Rositch said.
Pap smears look for signs of changes that could lead to cancer in the cervix. Cervical cancer is rare but it’s very deadly — it is diagnosed in 12,000 U.S. women every year and kills 4,000.


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