Showing posts with label Minerva's Mind. Show all posts
Showing posts with label Minerva's Mind. Show all posts

Wednesday, 10 February 2010

What does community mean in a business context?

There are a number of things that have been mulling around my head recently that I have wanted to put into a post but it is difficult to know where to start especially when people and emotions are involved. In broad terms, it is about community.

For some, my notions about business may seem quaint and old-fashioned but time again I see them being reaffirmed in the transactions that I observe around me. Right now I feel the need to share them. This is in part because of a recent incident in the twitter community of Mums, for more do check out Vicki's excellent post, which brought home the importance of being surrounded by people that care. In addition I have pointed out that online social networks could play a much bigger role in building community in a post for Mumsrock.

As a Mumpreneur with my own business, I have an underlying desire to establish my credibility and of course enjoy the fruits of my labour. That said those things are not what drive my business. For me it is part of a bigger vision. I want to make connections with people, support them in their endeavours by sharing what has worked for me and learn from them all at the same time.

I also recognise that it is very tough in part because of the economic climate but also because if one has a small business and/ or is a sole trader then one does not have the brand of a company like PricewaterhouseCoopers. We all know that for every lead generated it can often take months before there is paid work coming from it and sometimes what happens is that one come up against a series of dead ends which can be frustrating at best, soul destroying at worst.

That is why all small business people need a support network around them so that on those occasions when resilience fails and it seems impossible to bounce back and try something else, you know to whom you can turn to facilitate that turnaround. For that reason I am passionate about community and creating it wherever I can.

This does not mean we should be surrounding ourselves with "yes" people or those who have the same world view, as sometimes we need to hear tough messages in order to grow. In fact one of the Mumpreneurs that I speak to regularly has a very different energy to me. She is very driven and focused and some may see her as quite hard. What I take away from our exchanges is that I may need to re-examine my stretch targets and ask myself is this really a stretch for me as she never settles for second best. This is invaluable to me and helps me to grow as a person and a business woman.

I also believe in the adage that people do business with people that they know, like and trust. One of the reasons I spend so much time on twitter is that I see it as a quick way to get a feel for what a person is like and to start building a relationship. Recently I met two wonderful men through connections in twitterverse. We then had a tweetup and were surprised at the level of synergy there was between us. We are now looking at how we could work together and I am so looking forward to our meeting next week. Who knows there may even be a co-authored book in the mix.

It does not always work that way. One thing I find less helpful is when I feel that a contact is building a relationship with me because they have an ulterior motive in mind such as selling me something or getting me to attend one of their events. I guess that is because it feels like they are trying to manipulate me and that at some level they take me for fool for not realising that I would suss out their game. In those situations trust is lost.

So how easy is it? To an extent it is straight forward. Currently I get a great sense of support and camaraderie from members of Minerva's Mind, Judith's Room and an offline community called Enterprising Mums. Can you ever have enough? Probably not but it comes back to the age old issue of needing to juggle time and other resources so that they are spent wisely. And this is why I am wondering about whether to involve more time in other networks that I have dabbled in and new networks that I have recently become aware of.

As with all these things there are no easy answers. It is about experimenting with things and sticking with what works and letting go of those that prove to be time wasters.

Thursday, 3 December 2009

Can you have it all?


Yesterday I had the great privilege of being part of the Network of Black Professionals and the Women's Leadership Network 's new mentee programme for senior women within Further Education. The participants were an impressive collection of women, many of whom were at Vice Principal level looking for tips on how to progress their career that bit further. It was a very interactive session with much of the input coming from the delegates and that could explain in part why there was such a feeling of openness and trust within the room.

I was surprised at how well the section on barriers to career progression went as women really made the most of the opportunity to share the challenges they faced. What saddened me however was the extent to which some of the external pressures had not changed. There were still references to the old boy network in the sense that conversation amongst peers tended to focus on football; huge challenges around family commitments and work/ life balance existed; and the experience of the glass ceiling was common. The most significant finding was the part that self-limiting beliefs played in many cases and/ or a lack of confidence in their own abilities to perform at a more senior level.

This shocked me and also made me realise that there is a place for the work of Minerva's Mind in these type of environments which has a focus on helping people develop their own leadership style and realise along the way that it is their imperfections that make them more accessible to others. It also made me realise how real the struggle is that many Mums face who want to work and have a role in which they are taken seriously alongside providing a loving environment for their family at home. Furthermore confidence or the lack of it is not just the preserve of those Mums who do not go back to work but affects us all wherever we find ourselves on the spectrum of to work or not. It is much clearer why Mums at Director level have decided to choose another path because having it all is a myth.

Friday, 27 November 2009

What's in a name?

Those of you that follow my blog regularly may have noticed that I have changed the name. I think that is a reflection of what I blog about and where quite a bit of my interest is at the mo bearing in mind that I have two toddlers! I hope that it means more people will follow as I think it is clear now who my target audience is.

So why the preamble. I often feel compelled to write a post and recently I have lots of questions from clients and those that I work with about naming a business enterprise of some kind. As if by coincidence, I read a great post by Neil Ryder which I will not attempt to repeat here but which I hope amplifies what I have to say.

Many people who set up their own businesses as solopreneurs fall into the trap of calling their business John Smith Associates or some other amalgam of their name. Really this is plain daft as sole traders are unlikely to have the kind of budget that coca cola or mars have that would make them known brands. Also who has heard of John Smith and I am not talking about the bitter here. If you go down that route, you are going to have to work three or four times as hard to get it to resonate with people. So here is what I suggest:

1. Choose a name that says something about what you do - a great example of this is Beth Follini's company Tick Tock Coaching which works w/ women who face the dilemma of whether to have a baby or not

2. Try to include a quality in the title of how you want to be perceived - the one that works for me here is Honesty Marketing because it says what they do and how they aim to deliver it

3. Lastly a bit of alliteration works wonders in terms of people remembering the name of your business because it can be catchy - and for this I suggest Little Luxuries which again says what it does on the tin so to speak

4. Finally it is important that the name you choose will grow with the business in whatever direction it goes in so that you don't end up in a straight jacket because the name you have chosen is just too specific - in this regard what really works for me is Minerva's Mind. It is a membership site aimed at enabling women be leaders in their lives with a current focus on Mums. With a name like that it can go into any niche for women

Lastly remember it always pays to check whether the name you want for your business is already a registered trademark and you can do this through Business Link. For more on trademarks look at these very helpful FAQs. Finally for details on how to apply for a trademark in the UK, go to the horse's mouth so to speak.

Do let me know how you get on and what you think of this post in the comments below.