A New Title for What I Am

I just learned what I am...

While reading Escape From Cubicle Nation I found out about Anywired and read the post Become a Lifestyle Entrepreneur: Complete Guide and 40+ Resources.

I'm a Lifestyle Entrepreneur! What does that mean you ask? You really should read the post, but here is a great description from Skellie over at Anywired.

"If you are — or would like to be — an entrepreneur, yet you’d be happy to earn enough to live the life you want rather than becoming filthy rich, lifestyle entrepreneurship might be a good fit for you.

Lifestyle entrepreneurs will generally base their ventures around time minimalism, or something they love, even if there are more profitable (but more time-consuming, or less interesting) options available.

The goal of a lifestyle entrepreneur is not to amass a huge fortune, but instead, to achieve certain definable goals and, beyond that point, to ensure business does not interfere too much with the enjoyment of those goals."

Now don't get my wrong, I think it would be cool to be filthy rich. But not at the expense of the relationships with my wife, kids, or current freedom. I spent 9 years climbing the corporate ladder and had a good position with a good salary. The next step in my plan was a VP position which would lead to a C-level position. But ultimately what I found is the stress of those positions, the time requirement, and the sacrifices I was going to make just weren't worth it.

I quit my job and started my own consulting firm to create freedom in my life. Here is my current daily schedule - which I adjust daily as I need to fit into my lifestyle.

7:15 am - Wake up to alarm clock of "DAAAAADAAAA IT'S LIIIIGHT TIIIIIME!"
7:45 am - Get breakfast for the alarm clock and take a shower
8:15 am - Make coffee and lunch for Bubba
8:30 am - Catch up on my favorite blogs or take Bubba to preschool
9:15 am - Blog (I have two others here and here)
10:00 am - Work on client projects (yes I start "work" about 10:00 am)
12:00 pm - Lunch or go pick up Bubba from preschool
1:00 pm - Work on client projects
4:00 pm - Stop work to alarm clock of "DAAAADAAAA I HAVE TO GO POOOOTYYYYY"
4:05 pm - Play with Bubba, Chrystal, and Mianna for the rest of the day.

I say this not to brag or gloat but to say it's possible. We are not getting rich and sometimes money issues are stressful, but we (my family and I) live a comfortable life and love it. We have more freedom (though not necessarily financial) than we have ever had. Join what Tim Ferris calls the NR and break the chain!

Photo by Dazzie D'

Confidence and Humility are NOT Mutually Exclusive

In the last week of my full-time employment a co-worker (and former consultant) told me she thought I would find consulting harder than I expected. I didn't know her very well but I knew her well enough to know she was referring to the selling side of consulting, and I could tell by the way she said it she didn't think I had the "selling side" in me.

I told her I agreed that most consultants struggle with the selling side of the job, mainly because you are selling "you". What you personally bring to the table is all there is to sell, and part of what you bring to the table is confidence. But many consultants struggle with the concept that confidence and humility are not mutually exclusive. The opposite of humility is not confidence but rather cockiness. Cocky consultants are annoying, irritating, and often difficult to do business with.

When I talk with any customer I know I bring confidence to the discussion. Confidence that I know what needs to be done or that I don't.

Cocky consultants always know the answer, regardless if they really do. Confident consultants are humble enough to know when they don't know the answer, but instill confidence they can find it.

She was right that I'm not naturally a sales person. I have friends who are and they could convince you to buy the dirt off your own floor. As a consultant that is not the type of sales person you want to be.

If you are selling on the basis that you offer a service you're selling on cockiness: "Buy me because I'm here." You should be selling on the basis of a business problem that you personally can help solve: "Buy me because you have this problem and I can help solve that problem."

Seth Godin had a great post today on Self Promotion that spurred this thought. Thanks Seth!

The Most Important Decision as a Consultant

The number of decisions you have to make when starting your own consulting business are numerous. Decisions like choosing your niche, how much you charge, where you will spend money are all important. But one of the lesser discussed but possibly most important decisions is what business will you NOT take.

I have found this to be the most difficult decision because knowing when the next job will be is usually unknown. You are always in need of the money (lets be honest here), but every opportunity that comes your way has the potential to grow or limit your business (read income).

• Will the contract increase your specific skill or expertise that makes you valuable?
• Will the contract lead to on-going future business with a client?
• How sure are you that the project will end successfully?
• How likely is it that the potential client will provide you with a good reference?
• Is the potential client the type that would recommend your services without request?

These are all important questions to ask when deciding what kind of projects you do or do NOT take. But I'm going to focus on one question where many consultants make the wrong decision.

Will the client pay you what you are asking?

This is an important question because it brings up two equally important questions. First, how much are you worth? And second, what type of personal life do you want?

The temptation to take a contract at a reduced pay is great, especially when the pipeline is small. But one of the most important decisions you will make is sticking to your guns and turning this business away. Consultants are generally willing to take these jobs because they come with a promise of lots of work or because of nervousness that nothing else will come along.

But if you take a contract for either of these two reasons you are both decreasing your perceived value to current and future clients and sacrificing your lifestyle. You should be confident that you are worth your rate and your current and potential clients must see that. Taking a contract for a lower fee says that you believe you are not worth your stated rate. And if you do not believe you are worth your fee then you should not be charging that fee.

The second reason you should not accept a reduced fee is based on simple math. Let's say your normal fee is $100 per hour. If you take a 20% fee reduction at $80 per hour then you have to work more hours and harder to make up the difference.

Most likely you have a revenue goal for your company (if you don't it's time to get one). The more projects you take at a decreased rate the more you have to work to achieve that rate.

If you are still not convinced then look at it this way. Let's say your goal is to bill 30 hours per week at $100 per hour with four weeks of vacation. That means there are 48 billable weeks in the year. This is pretty aggressive goal if you are just starting out.

48 weeks x 30 hours x $100 = $144,000

NOTE: $144,000 may look like a lot (or may not), but when you factor in taxes and business expenses your take home quickly begins to fall.

If you take a 12 week contract at your 20% fee reduction there are only 36 weeks left in your "goal year".

12 week x 30 hours x $80 = $28,800
36 weeks x 30 hours x $100 = $108,000

Now your total revenue is $136,800. In order to make up the difference of $7200 to meet your goal you have to work 72 hours at your $100 rate. That equates to 2.5 weeks of work which leaves you with 1.5 weeks of vacation time.

But the better scenario is that you would only need to work 45.5 weeks at your normal rate to achieve the $136,800 revenue number. This means that you either have 2.5 more weeks of vacation time (imagine a job with 6.5 weeks of vacation), 2.5 more weeks to market and build the business, 2.5 weeks to blog and share your knowledge, or 2.5 weeks to try and find a small contract at your $100 per hour rate.

Be worth what you say you are worth. It will be better for you in the long run.

Effective Networking

I'm currently in Dallas at the Hospitality Operations & Technology (HOT) Conference and will be speaking tomorrow on Business Intelligence. Tonight we had the welcome reception and I knew no one...literally I had never met a single person in the room. I know they say more people are afraid of public speaking than being burned alive (or something crazy like that). I however have no problem standing in front of a bunch of people (friends or strangers) and talking about almost anything and could probably go on for hours (I can tend to be long winded at times). I think it is great fun. But being in a room full of people I don't know and starting up a conversation is roughly equivalent to being stabbed in eyes with red-hot forks. I have flash backs of being at the jr. high dance with that deathly fear of being rejected, but knowing I had to ask in order to dance (which is a whole other story for another post). Why is that?!I know it is part of being a consultant. You have to network. So here is a question to my small group of readers and smaller group of commentors.

"What is the best way to start an interesting conversation in professional setting...like a trade conference?"

Oh, and "So what do you do?" cannot be an answer. I'm looking for something more interesting and original.

"Perfectionists are Losers" by Pamela Slim

Here is a great post by Pamela Slim on not being perfect. If you are thinking about starting your own company you should be reading her blog.

After talking with a couple different friends who had made the leap I came to the realization that you have to build a company to have a company. And to have a company you have to start somewhere. kevin sturm Consulting is in no way ultra successful, but I enjoy my work now more than ever and have more time to spend with Chrystal and Brody.

There are tons and tons of things I need to do to make the company better, but if it would never have been if the goal was for it to be perfect.

Grab Your Integrity and Hold on Tight!

Picture courtesy of Ian David

After quitting my job and starting my own company I thought it was time to look into a financial adviser. It was not that my company was ultra successful so I needed somewhere to put the money (far far from it), it just seemed that someone who new more about how to grow wealth than me was needed. I have almost no interest...okay, no interest...in day trading or monitoring the stock market to plan my next stock purchase. But there are people who love it and make a living at it...oh the beauty of capitalism. So why not pay them?

One seemingly opportunistic day while working at Starbucks I struck up a conversation with a really nice person that ended up being someone that could possibly help me with this. Chrystal and I met with them a few times and discussed our financial goals. We reviewed how we should roll over our 401K, what our risk acceptance and aversion was, and all the options of where our money could go. After three meetings we were heading towards investment in a VUL and rolling our 401K into a traditional IRA.

We put our trust in this person and I liked them. I felt we had a bond in being young entrepreneurs, expecting parents, and Christians. In our last meeting to sign papers I was advised to answer a question on the application untruthfully. I questioned the advice and said I would prefer to answer the question truthfully. But I left the meeting feeling very unsettled. In order to not make a short story boring, I'll get the point that today I let the person know we would not be investing our money with them or their company.

The point of this post is this.

Never ever ever do anything that brings your integrity, honesty, or character into question with your customer.

I believe the person we met with is honest, has a high character, and values integrity. But this one thing made me call into question the advice we were being given. And since we were talking about our financial future, I was not willing to take even a small risk.

From a letter I received from the person we met with this was a learning experience for both of us. I took five points from this experience.

1. When deciding on who you are going to work with to invest money, I think it is best to talk with the actual person that is going to be investing your money. Seems somewhat like common sense now. ;-)
   
2. Before you meet with someone about your finances, do your own research on what you think the best options may be. Have a basic understanding of options so you can talk the talk.
3. Find out exactly how fees are paid and who is paid. Ask for a detailed example of if you invest X, and have a return of Y, what will be paid by you in Z. This will most likely be a hard question to get answers to. It is worth it.
4. Entering a partnership like this is a bit like getting married. The first meeting is informal and soon you are talking about long term plans. There is a cost to get in and a larger cost with penalties to get out. And more important, even a small amount of perceived dishonesty can ruin the entire relationship.
   
5. Last but most important was the confirmation that the most important thing you can be to your customer is honest, always!

Set Goals Instead of Resolutions

I've been meaning to do this post for a while, but have been lazy on the post front. It's now almost February, but my post for the 2008 new year is don't set resolutions. In stead set goals. Not widely outrageous goals, but goals that are achievable and broken down into increments. They should be challenging, but also attainable.

On September 26, 2007 on a flight from DFW to Charlotte I made a list of my two year goals. I was reviewing it this week. I've done well in some areas and not so well in others.

Q4 2007
Professional

• Establish my niche in consulting where ever it may be, hotel ideally
  
• Bill 20 hours per week
  
• Start posting meaningful content on hospitality technology made simple every two weeks

Personal

• Read my bible every morning for at least 15 minutes - have not done
  
• Get out of the rat race and keeping up with what we think is the requirements of success
• Run every 3 days at least - sometimes yes, right now no
  
• Read one book per month on something and keep doing it
  
• Finish house - not even close
  
• Post to k.sturm blog at least every 3 days - not quite there

Q1 2008
Professional

• Bill 20 hours per week
• Post meaningful content on hospitality technology made simple every two weeks
• Speak in some capacity at an industry conference
• Have business plan for new company idea complete with market analysis, 1 year, 3 year, 5 year revenue forecast, and mocked up design

Personal

• Have a plan to live “below” our means allowing us the financial freedom to take trips and live free
• Begin taking a one week trip per quarter with Chrystal and Brody somewhere fun where we don’t work at all

Q2 2008
Professional

• Bill 16 hours per week and increase hourly rate
  
• Hire first employee/subcontractor for kevin sturm Consulting billing 20 hrs/week
• Speak in some capacity at major industry conference
• Have a second draft of business plan in place and start moving forward
  
• Find a developer that will “drink the cool-aid” or get venture capital funding…drink the cool-aid is way better

Personal

• Go on Potter’s Clay construction team (not sure if this will be possible with baby due)
• Be training for Marathon or Triathlon

Q3 2008
Professional

• Give Keynote Session presentation at industry conference
  
• Be at least one quarter into v1.0 of new business
  

Personal

• Visit Opportunity International bank in Mexico or Africa
• Run a Marathon or do a Triathlon

Q4 2008
Professional

• Hire second employee/subcontractor for kevin sturm Consulting billing 20 hrs/week
• Speak at hospitality technology industry conference
• Sign up early adopter customers for v1.0 release

Q1 2009
Professional

• Speak at hospitality technology industry conference
  
• Release v1.0 of new business venture
  
• Attend industry conference on new business venture
  

Q2 2009
Professional

• Speak at hospitality technology industry conference
• Release v2.0 of software
• Speak at industry conference on new company venture
  

Personal

• Attend TED Conference in San Francisco Long Beach with two friends

I Love My Job

I flew down to San Antonio today for a consulting gig at the Westin La Cantera. I have a really bad cold so flying was brutal. My ears are still plugged up. This place is uber nice and I got a sweet room with a view of the property and surrounding hills (photos below). It was really nice to relax for a bit in a nice room with a spectacular view. How great is it that get to come stay at a nice hotel for work! I love my job!Now I'm off to have dinner with my father-in-law.

It's Finally Done!

After long hours of figuring out html works and much gnashing of teeth my new "other blog" is finally done. As most of you know I quit my job and started my own consulting firm. As part of this initiative one of things I noticed was that there was very little online content in the way of blogs for hospitality technology. Most of the major industry media organizations have one as part of their website, but there really isn't anything from someone that works day to day in hospitality technology consulting.

So, as of tonight hospitality technology made simple is up an running. It's a blog about trends in hospitality technology. My hope is that the blog will be helpful to venues looking to implement new systems and to consultants in the industry looking to get or give advice. I hope to do some interviews with major figures in the industry, and if people actual find it interesting get a forum up where we can all share ideas for success.

I will only be posting every week or two weeks at this point, so I'll still be updating this blog regularly as my personal blog of business and life in general. If you know of anyone that may find the new blog interesting please point them to it. It will be a couple of months before there is enough content to be really meaty. You can also email me topics that you think would be interesting (if you care about hospitality technology). I'll need the content ideas.

Extreme Marketing

Marketing is hard. Really. Once you are uber successful I'm guessing it gets much easier, but before that point it's hard. When you don't have a huge customer base all blabbering on about how brilliant you are the only option is to self blabber about brilliance. I've spent the last two work days self marketing. Whether cold calling, emailing, requesting references via LinkedIn, or getting my new hospitality technology blog (to be announced soon) together. This is all pretty much standard new business stuff though and comes with the territory. It's one of those things though before you start you think, "I've got a huge network, I'll get business." (at least that is what I thought). The reality is that it is a long ramp and you have to claw for every opportunity. Nobody starts at the top. People may indirectly reference you but most likely they are not looking for business for you.

I am a true believer that word of mouth marketing is king (especially in my business). But, if you can't tell one great story about yourself no one else will be able to either. To get one big deal someone has to believe that you can be successful with that big deal. And if you have no references for your greatness then you must become your own self reference.
This post was prompted by an absolutely outlandish extreme marketing example I saw in the Starbucks parking lot today. Check out this guys car. He caught me taking pictures of it which was pretty funny. He acted like it was a totally normal occurrence, which was more funny.

"Seven Steps to Success"

My friend Nazia sent me a "Tip of the Day" email with some wise words from Dr. Mark Goulston (author of Get Out of Your Own Way at Work) on things you should know the answers to when starting your own business. If you want to start you own business make sure you have an answer to these questions.

1. What do you love making (product) or doing (service) that has enough value that other people would be willing and want to pay for (your DREAM)?

2. What desire or problem is your product (what you make) or service (what you do) the best answer or solution to (your VISION and MISSION)?

3. What people or what company has a desire or problem that most urgently needs your product or service, i.e. who are the ones that "Gotta have you!" (your MARKETING)?

4. How do you get those people or that company to be aware of their urgent need for your product or service (your ADVERTISING)?

5. How do you convince those people to buy that service or product that they "gotta have?" (your SALES)

6. How do you get your product or service to those people or that company (your PRODUCTION and DELIVERY)?

7. How do you continue to increase the satisfaction and enthusiasm for your product or service, so they'll tell others (your CUSTOMER SERVICE)?

Your Job Description Isn't "Mail Manager"

I had a pretty crummy travel experience on my trip this week in missed flights and too little sleep, but I had an interesting conversation that prompted this post. I had a partner in my travel woes that was sharing with me how she often spent her evenings reading and responding to emails creating a 60 hour work week (thanks for the post idea travel partner).
For a long period in my career I received sometimes 200+ emails per day. I’d spend hours every night reading them all and responding appropriately. After about three years of this I decided there had to be a better way. Below is a combination of my and others tips in how to spend less time on email. They are in no particular order.

The Carbon Copy Rule
Build email rules that help you prioritize what to read. Create a folder called “cc mail” and create a rule that moves any message where you are in the cc: field to this folder. Never read them, they are saved for reference only. You may need to create exceptions for certain people or groups which most email engines allow. If you are nervous about this try it for two weeks. I was nervous about it at first but this single rule cut my email volume by two thirds. I’ve now been doing it for three years and have been asked less than a dozen times if I got an email. Most people cc you on message to feel important or CTA (cover their arse), so not reading it is usually no big deal.

I had a co-worker that joked delete every email you get and if it’s important they’ll send it again. If someone cc’s you on an email and needs a response they will most likely send it again directly to you.

It’s All About Me
Build another email rule that flags any email where you are the only person on the To: field in a specific color (my preference is red). This way you can immediately know which email you probably must read and respond to.

It’s All About Them
If you have certain people that you must read their email set them as an exception to The Carbon Copy Rule and build a rule that flags their email in a specific color so you can see them easily (my preference is green).

The Conversation Stopper
Use email as a method of communication not conversation. Request this of co-workers, employees, and clients. If you need to have conversations pick up the phone and talk to the person.

If you receive a reply email (RE:) quickly scan to see if there are multiple of them with the same subject. Sort your email by subject, select the most recent, and read the entire train starting from the top down. I suggest from the top because you may find quickly that you don’t need to do anything and just delete it. If you make it all the way to the bottom you are reading just to read or you’ll find you need to respond in some way. If it is going to take more than one email pick up the phone. You can most likely then delete the emails with the same subject line. If you follow the next rule all questions in the email will probably have gotten resolved and you won't have to respond at all.

e-mail Is Not On Your Task List (a slight variation on a Tim Ferris rule)
If you don’t have a daily task list before the day, start doing it today. Have three important things you must accomplish that day, and one before 10:00 am. Email should never be on that list. Look at email at 10:00 am, not before. After 10:00 am respond to email that requires immediate response, flag what requires follow-up, file or delete the rest. Schedule times to check and respond to email or you’ll spend 4 hours of every day getting nothing accomplished. Try to read email at 10:00 am, 1:00 pm, and 4:00pm. The 4:00 pm slot lets you respond to any requiring it that day.

Spending one full weekend emptying your email box is not actually accomplishing anything, except maybe generating more email. Avoid this really stupid way to spend your weekend.

Don’t Respond to e-mail on the Weekend (a tip from Tim Sanders)
This is one of the hardest things to do and I know from personal experience. But it is vital to managing your email volume. It is also a good habit if you are a manager because your employees will emulate your behavior. Sending email on the weekend sets the expectation that you’ll read and respond to email on the weekend. If someone really needs to get in touch with you they will find a way other than email.

The next step is to apply this rule to responding to email after hours. I promise, if someone really needs to get in touch with you they will find a way.

If you have other tricks and tips on managing the email nightmare post it for the world to benefit from your wisdom.

It's Not About You

I was visiting a church last Sunday and the pastor’s sermon started with, “It’s not about you…”. His next four words were “…it’s about God.”, but for this post I’m going to focus on the first half.

As I embark on this journey to be a successful hospitality technology consultant I have multiple times thought about the challenge of how to communicate clearly my desire (my mantra if you will) to help clients be successful. I find this especially difficult as a technology consultant because there are so many of us (versus them). This is also a challenge because many prospective customers have had poor experiences with consultants. How do you convince a customer that your desire is for them to be successful and that you can help create value?

I believe the first thing is to recognize that it is not about you. Focus on your customer and see how they react.

In short, use your ears and listen. Epictetus said it best, "We have two ears and one mouth so we can listen twice as much as we speak."
I’ve posted on this key successful trait before (probably because I recognize how much I need to improve in this area), but I find that listening can help a client believe you want them to be successful. Clients hire you as a consultant because they believe you have or can find answers. And they may be right, but having answers comes with the prerequisite of understanding the problem – vis a vis listening.

Success as a consultant is predicated on your client's confidence that you can make them successful. In your next client meeting build confidence not by knowing all the answers (because you won’t) but by listening and understanding the problems you are there to resolve.

Who Do You Know?

Tomorrow morning Chrystal, Brody, and I are leaving for Phoenix to visit family and hopefully meet with a prospective client. All the communication that I've had to date with them has been that they are not interested at this time. I have an inside connection that hopefully will be able to at least get me a lunch meeting.

As a consultant who you know can often be more important than what you know when trying to get a meeting. Use your network (but don't abuse it), the worst they can say is no.

Are You a Runner or a Jogger?

I used to be a runner, and I was fast. I was not world class fast, but was fast enough to compete at the national level in college. When I saw other people out running I could almost immediately recognize if they were a “runner” or a “jogger”. I probably was not always right, but was confident (and still am) that I was right 80% of the time.

Below is a table that outlines the characteristics of a runner versus a jogger.

NOTE: All items in white are what I think are me now…maybe I’m still a runner. :-) I just love listening to TED talks, sermons, and entrepreneur podcasts when I run.

I stopped running shortly after college and transferred the energy I had to put into running into my career. (I’ve now started running again, but it is more because I am getting to the point where I need to exercise so I don’t turn into a soft bread stick. I could never be a bread roll, if you know me you know why.)

I’ve been in business about the same amount of time I was a competitive distance runner, and during my run jog today realized that running and business have a lot in common. I can generically assess after working with someone a short time if they are a runner or jogger in business. Here is the same table as above for business.

If you had to highlight the descriptions that fit you, are you a runner or a jogger? Better yet, if you had to hand this to all your co-workers to highlight about you would you be a runner or a jogger? The second is a better exercise because business is a race where everyone has to run together, but you can only run as fast as your slowest team member. If you have one or more areas in the “jogger” column, work this week to become a “runner”. The great part about business versus running is that you can change any of the business columns almost overnight. It can take weeks or months in running.

Secrets of Success

Last night I loaded a few TEDtalks onto my iPod for my morning travel to Las Vegas. I came across a great one entitled Secrets of Success in 8 Words by Richard St. John. It’s only three minutes long so you should listen to it, but if you don’t have time for that here are the 8 points.

1. Passion - Do it for love, NOT for money. Guy Kawasaki phrases this as do something where you “make meaning”
2. Hard Work - Success is hard work, nothing comes easy. But it needs to be fun or it probably is not worth doing
3. Practice Practice Practice - Practice enough to be great at it
4. Focus - Focus on one thing and do it great
5. Push Yourself - Push past self doubt, obstacles, and negative people
6. Serve - Serve others and make the service valuable
7. Have Ideas - Spend time thinking and come up with new ideas
8. Persist - Failure happens, persist in the face of failure

Another Reason to Be Nice

My current read is Why Smart Executives Fail, by Sydney Finkelstein. I’m about half way through the book and read a small section that reminded me of a time in my career when nice would have been better. The title of the section was

Arrogance + Hatred + Disrespect for Your Competitor = Disaster.

The main point of the section was how this philosophy can lead to blindness for partner opportunities, but is it also a meaningful topic of where your companies focus should be. At a point in my career my company had a new CEO (an extremely successful one) that brought a new mantra into our company that made it into the Top 5 company goals: "Kill (Competitor Name)". It seemed the goal was to create a hatred for our competitor so strong that we would rally around the cause to crush them what ever it took…though it didn’t have this affect.

(What are the first organizations you think of that rallied around hatred of anything? All the ones I think of do not come with a very good connotation.)

Our competitor made roughly 10 times our revenue, and though there were many things about the competitor I did not like they were the obvious leader in revenue and market share. All of us felt our product was better and that we provided a better level of service, but I slowly began to see a shift in focus for my company. Rather than our focus remaining on building better products and providing the BEST level of service to our customers, we slowly begin to shift our focus to kill the competitor.

The longer this goal existed the worse place to work our office became. Our long time customers began saying doing business with us was like doing business with our competitor: we were arrogant, didn’t listen to our customers, and made promises we could not live up to. We also began to lose key employees that felt working for us was in some ways sacrificing their professional integrity. Company culture shifted from “help each other and our customers be successful” to “don’t screw up or you’re fired.”

Eventually the CEO left and a new CEO with a more “lovecat” philosophy took over and attempted to right the ship, but much of the damage was done. I stayed on and worked with my former and new colleagues to climb back to a place where we were known for great product and great service, but it was a tough uphill climb. The company is still recovering in many ways from the "kill" mantra.

The point of this ramble is company focus should be on building great product and providing the BEST service to the industry. You should remain focused on competitors in the market place, but do not make it a rallying cry. Rallying a company around the mantra “Kill Competitor” is difficult. As a manager what are you going to tell your employees to do to kill the competitor? (Outside of literally...) It is much easier to rally a company around “Build Great Product & Provide the BEST Service”.

Do not love or hate your competitor, but rather respect their position in the market place. If you are going to love something, love building great product and providing great service. It is a way better thing to love.

Just Be Honest

Lately I've been reflecting on why I've been successful in my career so far. I think it's important to look back and review successes and failures when planning for how to be successful in the future. I also think that it's hard to be realistic with yourself because you may want it to be for reasons that it wasn't or isn't (like you are really smart instead of just really lucky).

After sending the message to my friends and family announcing that I was going out on my own I got some of the most encouraging responses. Every response was encouraging, even if it was advice on my logo or business name. But what struck me were the comments on why people said they knew I would be successful. The thing that stuck out the most was that they said I was honest.

Over my career of 9 (short) years I've made it a point to be honest with customers and co-workers, always. That means when I've screwed up or when it is really bad news for a customer, so be it. Bad news is often hard to deliver and hard to hear, but in my experience every customer was appreciative of the honesty. Sometimes it meant I lost a customer or had a really unhappy customer, but it also meant that person new I would be honest with them the next time. In a world where lies are abundant and facades seem to be the norm honesty is refreshing. And like any refreshing drink you want more of it.

A prospective client that decides on a separate contractor because you are honest about not being able to meet a requirement will come back again for a bid the next time...because you were honest.

Just be honest. Even if you lose a customer, you won't lose your integrity...and nothing is worse to lose.

Support Your Network-of-Success

The excitement and anticipation of starting my own company has completely overtaken my thoughts since quitting my job 3 days ago. I gave a 60 day notice to help transition everything, so I won't officially be on my own till October 6th. But all I can think about is planning I need to do and getting my website up. I'm having a tough time not spending bunches of money on a really great website and marketing material, but know that I'll get way more customers through word of mouth marketing than my website. A do want a really solid website still.

On Friday I ordered my new business cards, so they should be here this week. I'm so excited! I am super stoked on the design that Wold Creative Group did. Jeremy Wold is a long time friend and recently started his own marketing and design company, so supporting another entrepreneur feels good, too. I already consider Jeremy part of my network-of-success because I know he helped me create a logo that people will remember. I really like Jeremy's style because he believes in simplicity and pure elements of design. If you need design or marketing assistance, you should check out his website and shoot him an email.

The picture below is what Wold Creative Design put together for me. Below that is what I sent him as an idea...and now the world understands why I desperately needed his help.

Front of card by Wold Creative Group

Back of card by Wold Creative Group









Front of Card that I designed...it's not horrible, but it ain't no Wold creation!








Back of card that I designed. I did come up with the shortened version of "hospitality technology made simple"...which I felt pretty good about.

Step in a new direction

Yogi Berra once said, "If you come to a fork in the road, take it."

Tim Sanders is one of my favorite authors, and has a business philosophy of surrounding yourself with "ed" people, not "ing" people. Recently, I felt like I had become an "ing" person. I was always thinking about starting my own company, planning on it, or waiting until I had enough money to start one. I was working on business plans or bidding my time for the right moment.

We'll I got tired of being an "ing" person and became an "ed" person today. After almost nine years at the same company, I submitted my resignation today. I gave a 60 day notice, and starting on October 5th will be privately employed as a hospitality technology consultant.

What a rush to enter the world of the entrepreneur. Work had been such a burden lately, and it was like having a huge weight lifted off my shoulders. Now all I need to do is get some customers!