Posts Tagged ‘books’

Confessions from an Entrepreneur

Wednesday, December 19th, 2012

Confessions from an Entrepreneur by Ash KumraIt’s nice to hear an inspiring story from an experienced entrepreneur. Ash Kumra has compiled 35 such stories from a diverse array of entrepreneurs in his book, “Confessions from an Entrepreneur (Volume 1)“.

When you want something more substantive than an inspirational quote but don’t have time to read an entire book or long chapter about entrepreneurship, then a bite-sized chapter from “Confessions from an Entrepreneur” is the ideal option.

Currently available on Kindle ($4.99 at the time of this writing) and soon available in paperback, this is an affordable book that every entrepreneur should have and share with fellow entrepreneurs.

 

Fearless Living …and Working

Wednesday, April 18th, 2012

ActSeed Entrepreneur and Startup Q&A HelpQ. Would you be able to point me to a resource – book, website, etc. – that I could learn about risk taking and how to do it?

A. Check out a book called “Fearless Living“. The author has a lot of interesting things to say about fear and risk; they kind of go hand-in-hand.

Stretch, Risk, Die.

Rhonda explains the zones of fear and comfort (“stretch, risk and die”) in a very straightforward way. Fear is often as much a part of an entrepreneur’s life as risk. Building a startup often has daunting moments. Starting a business can be intimidating.  Managing, coping or resolving fear is critical, and Rhonda Britten’s approach is one of the best.

Buy Fearless Living by Rhonda Britten at the ActSeed Bookstore

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Q&A: Pricing for a Startup

Wednesday, November 30th, 2011

ActSeed Entrepreneur and Startup Q&A Help

Question:

How can a start-up business figure out what to price their service? I started an online/app advertising company for bars and restaurants. I need to figure out what to charge these businesses to be listed after their free trial is up at the end of the year.

Answer:

Pricing a new product is a common challenge of many startups; we completely empathize with your situation.

First, you may want to extend your free trial for an extra month or so if you don’t feel you have the right pricing strategy.

Now, to figure out your ideal pricing strategy, have you done any test marketing or “voice of the customer” / focus group type events? Polls? Do you have a large base of free trial users? If so, you might tap some of them for an open discussion in return for an extended free use period.

We also suggest some paid adword activity with varying “calls to action” at different price points to see what the pull is. This can be done on Facebook or Google. You can also test marketing messages this way. If you can spend some money on a direct email to a list that fits your industry, it’s also a way to test pricing in the message to see how many click-throughs you receive.

As we’re not experts on pricing, we recommend two good books (click on each title below to find each book) that address pricing as part of startup marketing:

Marketing That Works (Wharton School Publishing)

and

Real Time Marketing for Business Growth

 

Ask your own question to the ActSeed team here: http://actseed.com/contact-us/

Marketing That Works

Monday, November 28th, 2011

Book Cover - Marketing That Works - by Howard Morgan, et alThis is one of our favorite marketing reference books for entrepreneurs and startups.

Make sure this book is in your own entrepreneurial library.

This book explains how the good steak can sizzle without leaving you with just an aroma. “Marketing that Works” was written by some of the best minds in startup marketing who have held prominent positions in blockbuster startups, idealab!, Wharton and venture capital: Howard Morgan of First Round Capital, Leonard Lodish of Wharton and Shellye Archambeau, former president of Blockbuster’s e-commerce division.

This book includes practical approaches (not just theoretical!) to developing business ideas, pricing, market validation, distribution and channel strategies, product launches and more.

To buy a paper copy or download a Kindle version from our bookstore partner, Amazon.com, click here.

Are You Three Feet from Gold?

Monday, September 19th, 2011

Entrepreneurs, small business owners and founders of startups tirelessly work toward turning their business vision into a commercial reality, and possibly a metaphorical gold mine.  While the destination and even the journey can be rewarding, it’s often lonely and frustrating to the point entrepreneurs often give up.  If this describes you, then read “Three Feet From Gold” before making your final decision to throw in the towel.  It may be a life-changing choice.

There’s no doubt that Napoleon Hill has influenced many generations of leaders with his research and writing that stems from a 1908 encounter with Andrew Carnegie.Three Feet from Gold - Book

Hill’s principals have been artfully brought into today’s business landscape with the book, “Three Feet from Gold”. ActSeed champions books and individuals who can both educate and inspire. Sharon Lechter and Greg Reid do this well.

When you buy this book, buy a notepad, too. This is one of those books that inspire you to take notes and then muster the tenacity you need to pursue your own purpose.

As the book states, the greatest reason for failure is quitting.  Don’t even consider quitting until you have read this book.

 

 

 

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Impact Your Business

Saturday, June 11th, 2011

Many entrepreneurs are “allergic to the numbers side of the business”. Part of the high failure rate of small businesses is due to avoiding and ignoring basic financial principals.

Ken Kaufman’s book explains the essentials of small business finance and how to easily apply them through the use of allegory. In other words, he uses “good ol’ fashioned story-telling” to make even the most finance-phobic business owner learn and appreciate the need for quantitative, financial management.

This is not just a story about Steve, a man struggling as a small business owner, a husband and a dad. It is a guide penned in a way we can all identify with.  It goes beyond merely being clever about teaching financials.

For example, in Chapter 23, the protagonist (Steve) starts to see, from his own experiences, how anxiety and clarity are negatively correlated.  This is a non-financial lesson we all must learn and respect.  This book is full of well-articulated insights that we all face as business owners.

The first time you read it, Kaufman’s book is an enjoyable story that “hits home”.  Then, it becomes a very useful reference guide for the next hundred times you’ll take it off your bookshelf.

You can get your copy of “Impact Your Business” here.

Impact Your Business - by Ken Kaufman

Book Recommendation: How to Measure & Optimize Your Social Media Marketing Investment

Thursday, September 2nd, 2010

Buy it here through ActSeed’s Amazon-hosted Marketplace (same price as you’ll find on Amazon).

Released in mid–2010, Social Media Metrics provides insight into techniques for measuring and optimizing the social dimension of marketing investments. The book is applicable to emerging businesses with limited budgets as well as larger companies with diversified marketing and analytic staff.

The author addresses technology options while exploring the process for determining the metrics appropriate for the situation. The book concludes with a perspective on the future of web analytics – specifically a flip of the current B2C model to one managed and controlled by consumers, in effect C2B. Sterne provides guidance on organization change and professional development. He also provides a valuable Appendix that includes a wide range of references and sources for further pursuit, as well as sources of definitions and standards are subject to on-going development.

The Appendix and plethora of other references scattered throughout the book more than justify the modest cost of the book.

 

 

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One of the Most Insightful and Actionable Books on Web Analytics

Wednesday, July 21st, 2010

“Web Analytics 2.0″ by Avinash Kaushik is one of the most insightful and actionable book ever written on this topic.

Released in mid-2010, the book provides understandable technical content and concepts along with coaching and advise to readers seeking career advancement and impact within small and large enterprises. The book emphasizes and highlights techniques for data-driven insight and promotes analytic creativity and gathering of insights.

The wealth of examples and low or no-cost tools cover challenging topics such as on and off-line campaigns analysis, multi-channel attribution, and latent conversion. The book concludes with tactics on how to create a data driven culture within your organization.

This book is relevant to any small or large company seeking to act smarter in their marketing, sales, search, and social media initiatives. It includes a CD with podcasts, videos, and PowerPoint presentations reinforcing the topics addressed in the text.

Click here to buy this book through ActSeed’s Marketplace – hosted by Amazon.com (…and at same price as you’ll find on the regular Amazon site, too!)

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An Innovative Guide to Nearly Every Aspect of Marketing for New & Emerging Companies

Tuesday, July 6th, 2010

A highly recommended, workbook-style, practical yet innovative guide to nearly every aspect of marketing, pricing, and measurement for new and emerging companies. This book provides advice, examples, insight from industry leaders, and easy to use templates for key marketing, channel, and planning deliverables.

Monique Reece is a creative subject matter expert, and her integration of social media as a component of market development is current and relevant. Her presentation of the PRAISE methodology is easy to understand, explain, and implement across the organization.

You can purchase it from ActSeed’s Amazon Store now (Kindle version also available) by clicking here.

 

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Where Social Media and CRM Intersect, There's a Good Book Worth Reading

Thursday, June 10th, 2010

CRM at the Speed of Light by Paul Greenberg is definitely a book that needs to be on all of our bookshelves and dog-eared from a thorough reading.

Selling a new product or service when representing a new, largely unknown entity (as most of us do when starting a new company) is definitely challenging, and properly supporting your products and services is critical. Understanding how to position your wares against entrenched competitors with brand recognition and often a large war chest of marketing funds isn’t easy, but those of us who figure out how to get – and keep – sales traction, can appreciate the importance of disciplined sales and support even when our company is in its most nascent stage of existence.

Greenberg outlines the concept and mechanics of social media-enabled CRM – “sCRM” – as a complement to traditional CRM systems. Edition Four includes a great deal of new content to address the impacts and potential for an expanded view of engagement in customer relationships. It also includes a detailed and current landscape of traditional and new vendors in a wide range of customer-related categories. This book is valuable to anyone seeking a strategic, yet practical view on managing and benefiting from the transition. Relevant to start-ups seeking to craft their customer service plans or seeking to enter the market for sCRM products.