It’s common practice in the social media space to be transparent with respect to your clients and vested interests. I’ve wanted to write this post for some time. It’s part disclosure and part ode to some of the remarkable people I call clients – and friends.
My work with the following individuals and organization spans a wide range of services – from social media training and coaching, to blog design and content development, to online personal branding and content marketing. Some engagements have been modest, while others involved more significant time and resources. In all cases, I feel I’ve received as much value as I’ve (hopefully) delivered.
Twitter has evolved into it’s own universe – the Twitterverse, if you will – and with it comes a wide range of tools.
To anyone trying to get into Twitter and understand what it is and how it works, I recommend starting slowly. Walk before you run.
For instance, start with the Twitter client itself. Available on the web and on mobile devices, Twitter.com does a good job with the basics – following, direct messaging, making lists, and checking who has mentioned you or retweeted your tweets.
Last week, I had the pleasure of presenting a keynote talk to a group of financial advisors from Peak Financial in beautiful Victoria, BC.
My presentation focused on the new culture of social media networks and offered some key insights and strategies for advisors wishing to engage in this space. Being a long-term relationship person myself, I focused on how to build trust online (and why you want to) as well as authentic personal branding and the rise of the influence economy.
These concepts apply to virtually any professional – not just financial advisors – whose business is based on their specialized subject matter knowledge, a reputation for being trustworthy and just doing good work.
Always interested in feedback.
After reading Evan Zall’s article Traction on a Slippery Slope, I’d wished I had written it. Zall captures the unique predicament in which regulated financial advisors find themselves regarding their use of social media and he offers some pragmatic advice: engage proactively, but do so with caution.
In this post, I will build on Zall’s advice and offer some clarification from my perspective on how to implement it. To do so, I will borrow his four pillars framework and trust he will recognize that my imitation is the sincerest form of flattery.
Mitch Joel recently opined that he felt Twitter had become a distraction. Many of the responses to his post echoed this sentiment and advocate for “all things in moderation”, yet the conversation as a whole points to a fact about social media that is often overlooked.
Social media use and habits evolve over time. Tools come and go and are upgraded and enhanced. And our awareness of tools and strategies and what works best for each of us is constantly evolving depending on many factors.
Personal branding is one of the most important marketing strategies for practice professionals in an age of social media. Business has always been built on relationships – especially in professional services where your client is buying your knowledge, your reputation, and your commitment. Your personality informs your brand.
The proliferation of social media spaces and tools are changing the business communications landscape and how we market ourselves. Here are two significant changes:
In other words, there are more tools available than ever before to build and extend relationships. And those relationships can have a greater impact on your business success than ever before.
I remember the day I purchased my first Fast Company magazine. The cover story featured a piece by management consultant Tom Peters called: The Brand Called You. That article inspired me to build and sell a web development company and invest in several other businesses.
Almost 15 years later, Tom Peters’ call to action is more relevant than ever before. Social media tools coupled with wireless mobile technologies are revolutionizing our communications landscape. And it’s changing how we market and advertise our businesses, as well as how we engage, support and retain our customers.
Business has always been about relationships and it is no less so today. What is changing profoundly today is how and where we conduct those relationships.
I received an email today from Investment News. They were suggesting some “Best of 2010″ tech articles I might be interested in.
I found one I liked called: 10 signed it might be time for a web upgrade. Stuff like: the copyrights are older than 2008, the site was built with tables or frames (shudder), or the design features chess pieces (or boating imagery) made me laugh. So I tried to share it…and that’s where the trouble began.
1. There was no “share’ functionality. No “Tweet this” link, no AddThis widget, nothing.
2. So I tried to copy the URL to my LinkedIn status update, but the specific page title and excerpt did not appear. Instead there was a generic “Investment News” title and boilerplate marketing-speak about the publication. Nothing about the specific article I wanted to share. It looked like I was promoting Investment News instead of sharing some of their content. Not interested in that.
3. I also didn’t like the 10-screen layout of the story. Instead of an article, they take the stories and make them into 10 screens and you need to click to advance from screen to screen. This is annoying, plus I can barely read the small, non-serif, grey font on the shaded background below the huge picture. Seems like a poor layout decision.
4. So I tried to view the article in traditional “article format”. At this point I was met with a huge barrier: a subscriber screen. Seriously?
I just wanted to share an article from which the publication, but at every turn I was thwarted.
To the folks at Investment News, so far you’ve done nothing to make me think you get the whole social media thing and you clearly need to upgrade your web site. I’m not sure why you think I’d be interested in subscribing when there are so many good publications out there that get it.
If this is your business model, start counting your days – because they’re numbered.
I read Trust Agents (by Chris Brogan and Julien Smith) recently and it continues to exert an important influence on my approach to social media. In particular, I liked the authors’ take on the concept of trust – it rings true with my own feelings on this topic.
The authors borrow and then rearrange the following trust equation which comes from The Trusted Advisor (by Maister, Galford and Green):
T = (C x R x I)/S
where T is Trust which is a function of
C (credibility) multiplied by R (reliability) multiplied by I (intimacy)
divided by S (self-orientation).
Trust is the foundation of good business relationships and most business activities are built on winning and maintaining the trust of your clients and colleagues. This trust leads to repeat business, referrals, flexibility, tolerance and respect. So how do we build it?
First, be credible. Provide quality information and add value. Help people by connecting them. Engage in discussions in a respectful and thoughtful way.
Then, be reliable. Communicate regularly. Be a consistent presence in meaningful fora so people get to know you. Respond when people reach out to contact you.
And don’t be afraid of sharing your personality, what moves you and how you feel. Connect with people by being interested in them. Don’t rant – rave instead. Talk about what you like more than about what you don’t.
Finally, be a giver, not a taker. Don’t be that guy or gal who is only interested in passing out their business cards. Consider recommending your competitors for their strengths – especially if you think it might be a better fit for your prospect/client.
Trust is built on being perceived as “one of us”, being “self-less” and promoting others. First, be part of a community, then sell.
These rules for building trust are universal and apply to any practice professional – whether you are pressing the flesh or the keys on a keyboard.
It’s been a busy week. And it’s only Wednesday. I guess that’s what happens when you are open to opportunity and putting yourself out there.
I instinctively approach building a business the way I would build a campfire. First, I scavenge about and collect some small, dry twigs and leaves. Then, I find some slightly larger branches that are also very dry. Then, I find just a few medium-sized pieces, perhaps with some nice dry white birch bark still on them. I arrange all the collected material into a tepee and light it. When it starts to catch, I would add the small branches and listen to the crackle. At a certain point, the little fire is raging and you can throw the medium stuff on it. Then, you go looking for some larger logs.
While meeting with a client this week, I was closing a second project and introduced to what I hope will be a promising third – all within the span of a few hours. And there are still some scheduled meetings to come this week. My little fire is starting to grow.
Tonight, I cleared the decks and attended Edmonton’s premier networking event hosted by the Synergy Network. Maybe 600 people were jammed into a downtown hotel with the sole purpose being to meet and talk to each other. There were no boring speeches, no fundraising pitches, nada. Just pure unadulterated networking. Everywhere you turned, someone was saying hello or introducing you to someone else.
For a guy offering consulting services to practice professionals and small firms looking for effective social media strategies, this crowd had the fuel value of a stand of trees ravaged by pine beetles. Everyone was happy to talk about social media – probably because they are thinking about it daily and trying to figure out how to make it work for their business. Far cry from the days of selling insurance and trying to figure out how to tell people what I did so they didn’t run screaming in the opposite direction.
Social media is rapidly changing so many aspects of sales and retention, marketing and public relations – even basic interpersonal communications – that virtually everyone needs to be thinking about how to get a handle on it. Unless they are retiring in 5 years.
One of the oft-repeated recommendations of the social media gurus is to get out more. Social media types tend to spend too much time in front of their computers or iPhones and not interacting – not socializing – enough with real people in real places. And then there are others – hopefully they will become my clients – who need assistance learning how to make time so they can spend it in front of their computers and iPhones more.
There is a happy medium for everyone and I will help you find yours.