Tuesday, September 18, 2012

How to improve your decision-making process



---------- Forwarded message ----------
From: SmartBrief on Small Business <smallbusiness@smartbrief.com>
Date: Mon, Sep 17, 2012 at 10:58 PM
Subject: How to improve your decision-making process





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September 17, 2012
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Problem. Solved. 

  • Using e-mail to reassure uneasy customers
    Marie Forleo, who runs online tutorials through her Rich Happy & Hot brand, was concerned 17% of the students who signed up for one of her courses asked for a refund. She fixed the problem by sending e-mails to her customers designed to address their emotional state at different times throughout the class and to reassure them. The refund rate has since declined to less than 3.5%. Entrepreneur magazine (9/2012) LinkedInFacebookTwitterGoogle+Email this Story
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Marketing 

  • Why you should trust marketing experts
    As Apple's monumental success demonstrates, it's important to hire talented marketers and trust their judgment, John Follis writes. Apple's marketing agency actually had to convince Steve Jobs that "iMac" would be a good name, Follis notes. "It takes a certain amount of guts for any business owner to trust the ideas and direction of outside marketing experts, especially when there's no guarantee those ideas will work," he writes. Small Business Trends (9/13) LinkedInFacebookTwitterGoogle+Email this Story

  • Include e-mail marketing in your content calendar
    There are several advantages to include your e-mail messages in your content calendar, John Jantsch writes. Among other benefits, this approach has allowed Jantsch to get a better understanding of how much e-mail his business is sending out and to identify gaps in content output. Duct Tape Marketing (9/14) LinkedInFacebookTwitterGoogle+Email this Story

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  • Family-business management lessons from "Tanked"
    As Animal Planet's reality TV program "Tanked" illustrates, it's easier for a family business to succeed when everyone has a well-defined job, Carol Tice writes. Additionally, the show, which focuses on a company that makes outsized aquariums, shows the value of going after high-end accounts and hiring talented individuals even if they aren't your relatives. Entrepreneur online/Reality Check blog (9/14) LinkedInFacebookTwitterGoogle+Email this Story

  • 5 ways businesses crush their employees' spirits
    One way companies discourage their employees is by failing to ask for their opinions, Renee Sylvestre-Williams writes. "When employees are not given the opportunity to provide feedback on decisions that affect them, it gives them the sense that the company does not value their input," she writes. Bosses might also upset their employees by showing favoritism, indicating they don't value their workers' time and failing to provide feedback. Forbes (9/14) LinkedInFacebookTwitterGoogle+Email this Story
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Tips & Tools 


  • How to improve your decision-making process
    Instead of addressing issues on a case-by-case basis, you should look for opportunities to fix underlying problems, Rachel Hartman writes. You should also gather input before making decisions and be mindful of what you are trying to accomplish. "Before making a decision, run the issue past the long-term plan you have for your company (and if you don't have goals, it's time to make some)," she advises. Intuit Small Business Blog (9/14) LinkedInFacebookTwitterGoogle+Email this Story
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Top five news stories selected by SmartBrief on Small Business readers in the past week.





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Just for Fun 

  • Maryland speed cameras get security cameras
    Vandals have hit six Maryland speed cameras, prompting officials to set up security cameras to watch the cameras. Each of the cameras costs $30,000 to $100,000 to replace, officials say. NBC News (9/14) LinkedInFacebookTwitterGoogle+Email this Story
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John Jantsch, Editor at Large
John Jantsch is author of "Duct Tape Marketing: The World's Most Practical Small Business Marketing Guide" and "The Referral Engine: Teaching Your Business to Market Itself." John is a marketing and digital technology coach and creator of the Duct Tape Marketing small-business marketing system.

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