Utilising technology to its full business potential

There is no doubt about it. Technology has greatly enhanced how we carry out our businesses today. It’s just one of the beauties of the information age and for this, most of us cannot but thank modern communication technology for the opportunity to work and connect with the whole wide world!

But, think about this…

Is technology really a blessing to your business or you have become so obsessed with it that it has become a curse?

Have you become so engrossed and mesmerized by the tools of information technology that you have quickly forgotten why you bought them in the first place?

Have you forgotten that those tools were to leverage your time and help grow your business?

It’s really unfortunate that many online business entrepreneurs unintentionally have allowed modern technology gadgets and tools to suck the time out of their lives and add needless overhead to their businesses.

As a fellow web entrepreneur interested in your business success, I want to use this article to give you some basic tips on how you can truly make modern day technology a blessing in your online business. My desire is to ensure that you make every cent you will ever spend on your business count. Of course, this may not agree with many but that doesn’t really matter as long as you are able to gain with it. And so, I invite you to read this article all through.

A Japanese and a Texan story

The Story of the Japanese and the Texan

I don’t know if you have heard this story before, but I must say it is one that has a lot of lessons for us as regards what we want to discuss in this article. The story is about a Japanese man and a Texan who were passing through customs at an airport. The Japanese man was said to have with him two large suitcases and the Texan wanting to play the Good Samaritan, offered to help the Japanese move the suitcases toward the customs officers. Just as he was doing this, the Japanese man’s wristwatch started beeping and the man listened to the message and talked through a miniature speaker on the telephone in the wristwatch.

The Texan was amazed and right there offered to purchase the watch for $5,000. But the Japanese declined, saying the watch was not for sale.

The Texan now more interested in the Japanese man continued helping the man to push his heavy bags forward. A few seconds later the watch beeped again and this time the Japanese man opened the watch to receive an email message and then replied same using a small computer contained in the watch. The Texan, awestruck, again offered to purchase the watch but this time for $25,000.

“The watch is not for sale,” the Japanese man again replied.

Now, the Texan could not take the thought of the watch from his mind. To him that wristwatch is just want he wanted right now! And, then as he again helped push the enormous bags forward the watch beeped a third time. This time a long fax came out. The Texan, now more determined to own that watch, offered to purchase it for $300,000.

At this, the Japanese man turned to him and asked if he had the money there. The Texan quickly and eagerly wrote out a check for him. The Japanese man processed the check on the watch and then transferred the money into his Swiss bank account. After this, he took off the watch and handed it to the Texan and walked away.

As he was walking away the Texan realized that the Japanese man had left the enormous bags behind. Turning around he called out to him, “you’re forgetting your bags.”

“Those are not my bags,” the Japanese man shouted back. “They’re the batteries for your watch!”

Lol!

Alright, so how does this story relate to what I want to discuss with you here?

In many ways! Actually the moral of the story is that the Texan got caught on the wrong side of information technology! And so, my point here is that you should be careful that you don’t fall into the same trap.

To help you avoid this trap here a few tips on how you can make technology to work maximally for your online business.

building a successful online business

1. Don’t Invest Your Time Or Money Except If It Adds Value

Every day new and enticing tools and software are being pushed into the market. You must beware that you’re not drawn by them. If you allow yourself to be obsessed or mesmerized, you will end up with gadgets that are nothing but fanciful toys.

Before investing your resources in any tool of technology, ask yourself if it will increase sales, help lower overhead or help in your business effectiveness. If any gadget fails in any of these areas then do not invest your time or money in it.

2. Do Not Become A Slave Of Technology

Many online entrepreneurs have allowed themselves to become slaves of online tools. I’m sure you are very much aware of the distractions we all face every day on the net. Online media, online games, online chatting etc, have become an obsession for many.

As an entrepreneur, you must understand that your time is valuable. You must therefore learn to master these tools so that they do not sabotage your productivity. If possible find ways of automating the use of these tools.

3. Use Inexpensive But Smart Tools Whenever Possible

Why rush to get any technological tool or gadget that hit the market? Do not be deceived, that tool may be the latest right now but with the rate these tools are being turned out, that latest gadget may just be obsolete even before you learn to enjoy its full potentials.

The solution? Decide on what you want done in your business and then go for the tools that will help you with that. The good thing is that there are smart tools that you can pick up online that will help you save both money and time and possibly increase your effectiveness.

4. If You Must Buy It Then Use It To The Fullest

This flows from #3 above. One thing that is clear is that most technological gadgets today can actually perform a whole lot of things. If you must invest your money and time on any of these, then learn to use it to the fullest. There are a hundred and one places online where you can learn about using these tools. There are free tutorials you can access online. Also blogs like the Technology Bloggers, can be of great help.

5. Don’t Get It Before You Need It

As an internet marketer I think I’m progressing in error here but I think your success as an entrepreneur is more important to me than any form of monetary gain.

If you’re subscribed to internet marketing newsletters or you spend a considerable time surfing the net, you will understand that every day new tools and “push button” software are being pushed at us left, right and center by smart internet marketers.

If you’re not focused, you’ll be tempted to believe that if you don’t own that latest tool or software, the world will just be passing you by!

But instead of falling into this trap, ask yourself if you indeed need that tool right now. If not don’t go for it. When you truly do need it, the right tool, and maybe something better, will be available for you!

Conclusion

In a rapidly changing world, technology is essential to effectively compete as a business however, not every tool of technology is worth your time. Spending your time and finance on technology for its sake, will end up as a curse instead of a blessing. Be disciplined and master your use of online tools and gadgets if you want your business to greatly benefit with the latest push button technology.

Over to You: Have you ever invested in a tool or gadget that you later regretted? Are you an online entrepreneur? How are you maximizing your use of technology for your online business? Share your experience with us in the comments below.

Ideas on how to promote a startup on a budget

Successful startups have some things in common and top notch marketing is one of them. You might have come up with the greatest idea in the world or built the coolest application, but if other people don’t know about it, your idea or product isn’t worth much. Many young entrepreneurs get so sucked into the creation of the product, that they treat marketing as an afterthought. But as I said before, if users don’t know about a product they won’t be using it.

The immense popularity of the internet has leveled the playing fields, so someone with a small budget working from a garage can compete with big companies as long as they have a cool idea. In fact they might have a better chance in some niches because people have started to distrust companies. Below are few ways you can promote your startup – specifically tech startups.

Social Media

The starting point is creating a Facebook page and a Twitter account. Both are free to start and you have the potential to tap into millions of users. You can get the ball rolling by asking your friends to like and share the page.Business Networking in the 21st Century

Social networks are a good place to share your ideas and plans and get some feedback on them. Every little things count to successfully promote your product. If you have a product that is catering to a specific niche, then try joining a similar niche social network as well.

Contacting Leading Blogs and Getting Press Coverage

Once you come up with a working solution you can contact leading industry blogs to cover your product. Most major technology blogs like TechCrunch and Mashable have separate application forms for startups, so if you are confident about your product you can submit to them.

EDITOR NOTE: I must have misread, I couldn’t see Technology Bloggers among those ‘major technology blogs’! 😉 One day… – note by Christopher

Not only will you get massive exposure you will be able to get funding as well. Even if you don’t get published in major publications there are many other websites that promote startups and you can find many of them by doing a simple Google search.

Attending Conferences

Attending conferences and your local tech gatherings is another great way to spread the word about your product. Attending major conferences helps you network with people and pitch your product to industry leaders.

Local gathering are important because in most of these you will be able to present your product to an audience using a projector, which is far more effective than reading an article about your product. You will also get instant feedback on how you can improve your product as well.

Search Engine Optimization

Another promotion stream that is ignored by most startups is search engine optimization. Although most people in the technology field know about SEO, few actually try to leverage its power. This is especially useful if you are a global product catering to a non tech crowd. They won’t be reading Mashable and attending tech conferences, so the most probable way they will find your product is via search engines.

Even if you are catering to a tech crowd search engine optimization is a must. The long term benefits of SEO are immense. Although it is advisable to outsource your SEO work, if you have lots of content produced through your blog and website, it is better to hire your own SEO engineer. Be careful though, as black-hat SEO can be very damaging to a site, so if you do outsource, make sure it is to someone trustworthy.

Mentioned above are some major things you can do to promote your tech startup. Always remember that more people know about your product the better. The bigger your customer base, the likelihood is, the more money you will make/people you will help!

How to find images for your website

There’s absolutely nothing wrong with taking a DIY approach to building your website. If you choose the right tools *cough* WordPress *cough* you can produce something that looks very professional without having to know web design in an out.

As with Creative Commons images, always check the usage rights of every image cautiously. You might be required to credit the photographer, or use may be forbidden in some situations.

Creative Commons Logo

Purchase cheap stock photography

It is all well and good looking for free pictures, but it’s often easier to invest a small amount of cash than to spend hours finding the right totally free image.

That is where websites like iStock Photo and ShutterStock come in. These vast repositories include thousands of pictures, most of which you can buy for just a few pounds. Sure, they can be frustratingly clichéd at times, but a bit of experimentation with what you search for can generally get outcomes. Expect to pay from £1 upwards for each image.

Ask permission

This is most likely your best option if you are looking for an image of a current occasion or specific individual to use with an article or blog post on your web site. Amateur photographers are often pleased to let their photos be utilised at no charge – if you ask nicely.

A good method to find pictures is through Flickr. For example, there are many David Cameron and Tom Cruise pictures to select from. As soon as you’ve found a photo you like, just use Flickr’s contact choice to send the photographer a message asking their permission.

Do be wary using photos of well-known individuals – whilst generally it’s okay to use them alongside news stories and other editorial, you will get in difficulty if it looks like they’re endorsing your item or service.

Take your own photos

With even cheap mobile phones able to create reasonable-quality pictures, you don’t have to be a pro to capture photos that are good enough for the web.

Even though the company is in all sorts of difficulty, you will find some good suggestions for taking better photos on the Kodak website.

Assuming you already own a camera, this method is practically free – and it holds other benefits more than stock pictures. For example, do you think website visitors would prefer to determine a generic image of someone on the telephone, or an actual member of your sales team at function in your workplace?

How do you discover photos for your website? Leave a comment to let us know.