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Posts Tagged ‘Startup’


Want to Really Increase Your Website Traffic? Try SocialToaster

June 3rd, 2011 ::

If you’re a small business, one of the goals of your marketing strategy is to drive more traffic to your website, where you can convert those visitors into leads.

To generate traffic, you need to publish great content that is interesting and useful to your target market.  You can write a blog, newsletter, white papers, press releases, articles, how-to guides, whatever, and then you’ll push out all of that content to your audience via email or social media.

Well, how about tapping into an audience on social media that goes way beyond your followers?

Check out this Baltimore-based startup, SocialToaster.  I first wrote about them for Tech Cocktail back in March.  I have zero affiliation with them, but their idea – and the technology behind it – is really interesting and super useful for small businesses, so sharing them here at GrowSmartBiz has been on my to-do list for a while.

So, here’s how they work:  Ask customers, employees, Facebook fans, and anyone else you’d like to be your ambassador (their term, not mine).  You’ll share content with them, and they will spread the content on their social networks (Facebook, MySpace, Twitter, and/or LinkedIn).  Naturally, there are built-in analytics so you can track website visitors to see which ambassador sent them.

SocialToaster is a great way to gain brand exposure and build up your sales funnel, but it is dependent on you producing content on a regular basis.  You don’t need to go crazy writing new stuff all the time, though.  If you already blog, you can ask your ambassadors to share your posts.  If you publish a newsletter, ask them to share that.  Each SocialToaster post contains a unique URL and appears to come from the ambassador themselves, so your clickthrough rates will be higher than traditional online advertising.

So, what’s in it for your ambassadors?  Rewards, at least for the people that drive sales leads to you, furnished by sponsors.  Recruiting them is up to you.  You can send an email to employees, newsletters to customers, post something on Facebook, blog about it, or tweet it – or anything else you can think of.

The SocialToaster software can be integrated with your existing content management and CRM systems including Drupal, WordPress, SugarCRM and SalesForce.  As for pricing, you pay a flat monthly subscription fee based on the number of SocialToaster posts you want to push out.  Their most basic plan is free.

Image Courtesy: SocialToaster

Do You Have the Entrepreneurial Mindset?

May 3rd, 2010 ::

My people want to become entrepreneurs and some even feel that they are hard wired for it. In a recent post on the blog “What’s Next Gen Y”, Carol Roth wrote a post on the entrepreneurial mindset. She poses some interesting questions and makes you ask yourself why do you want to start in the first place?

Many will say “to make more money” or “to have more freedom” but in the end it is about seeing a customer need, wanting to fill it and believing that you are the person to fill that need and build a company to serve that need.

Here is a excerpt:

“Unfortunately, most of the reasons that people start businesses are myths based on a gross misunderstanding of what it means or what it takes to be an entrepreneur.

So, what are some good reasons to start your own business?

There’s a customer need! We have more products and services available to us than we would ever want or need, which makes today’s entrepreneurial landscape very different than it was just 50 years ago. If there is a gap in the market that customers are desperate for a solution to and willing to pay for, that’s a darn good reason to start a business. Remember, Ray Kroc didn’t start McDonald’s because he was bored or unfulfilled; he did so to meet a customer need!”

You can find the rest of the post at http://www.whatsnextgeny.com/good-and-bad-reasons-to-start-a-business/

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Out there raising captial? See how Mint CEO did it from seed round to acquisition

November 2nd, 2009 ::

Are you out there raising money? Have you raised money for your business in past? Well, it is hard to find good advice on how it is really done and even harder to get the details on how someone else did successfully and then sold the company.

This is why when I came across this post on TechCrunch about Mint CEO Aaron Patzer’s 45 minute presentation on building startups from the ground up I had to share. In the video below, Aaron shows how he raised and spent money, and generated revenue, throughout the lifecycle of Mint, from the very beginning to the $170 million acquisition. Michael Arrington points out that “if you are an aspiring startup entrepreneur, you’ll want to watch that more than a few times. The candid disclosures and advice he gives is rarely seen in Silicon Valley”. He is so right that I can’t even begin to tell you. The video is below and the presentation is farther down the post.

Mint CEO Aaron Patzer on Startups from Techcrunch on Vimeo.

In the presentation below Aaron shows historical slides from early presentations to investors and compares those to the actual results. Here is the presentation and it is truly revealing and from personal experience VERY accurate. This is an approach and model that every startup should study closely. Not only because they have a good model but because they built this and sold it which many are never able to accomplish.


Startup Building 101