Tough Luck

Employees have had it awfully rough this year.

Productivity rates shot through the roof for U.S. workers in the third quarter. That's proof positive that workers are being asked to do more with less.

Most employees are likely doing the tasks of two or three of their laid-off colleagues. Many of them have witnessed those layoffs (always a traumatic event - I've been there) and worry they'll be next.

Well, add to all that injury a new insult: Most employees of small firms also aren't getting raises, bonuses, gifts or holiday parties this year.

My Smart Answers column this week summarizes an American Express OPEN small business survey. It showed that entrepreneurial firms are going to give gifts to their customers this year - as they did last year - but fewer of them will reward employees.

As I said in the interview, I understand that customer gifts are a marketing expense that business owners need to make, but it just seems sad to think that employees will end the year with more bad news.

I applaud the employers who mail nice cards to their customers this year and save a little money for employee bonuses (they don't have to be huge) or a nice holiday party. If your workers have stuck with you through this awful year, don't they deserve some special thanks?

Popping Your Elevator Intro

My Smart Answers podcast this week features Sam Horn.

She's the marketing guru I blogged about earlier this month.

In the interview, Sam lays out some terrific advice on a marketing opportunity that all of us get daily - and most of us squander just as often.

I won't give it all away, but it has to do with your response to that common question, "So, what kind of work do you do?"

I'm just as guilty as anyone of mumbling a half-baked response, but Sam inspired me to do better. In fact, I came up with a pretty good question (Sam advises that you answer the question with a question of your own) and tried it out over the weekend.

Just as Sam predicted, I got one of those "ah-ha!" moments in reply. Very nice technique - check it out!

Catching Up

The weather is cooling off, my holiday decorations are starting to emerge from the garage and last weekend we spotted our first Christmas commercial on TV.

All this evidence, of course, leads to the inevitable conclusion that it's almost ... year-end tax planning time! Woo-hoo!

Yes, this is the kind of thing that gets the tingles going when you live and breathe small business. In my Smart Answers column last week, I also wrote about public relations versus social media marketing.

Today's column might be a tad more controversial - truly.

My editor asked me to take a look at the business of medical marijuana now that the Obama Administration has announced it will cease raids on dispensaries operating legally. It was quite an experience interviewing many of the "legendary" cannabis activists of the past couple of decades.

And they say that business writing is dull. Tsk, tsk.

Exciting News

I'm incredibly proud and excited to announce that my BusinessWeek "Smart Answers" podcast won a gold medal today at the 2009 Digital Azbee Awards in San Francisco.

The awards are given out by the American Society of Business Publication Editors. My show won for best podcast in the "podcast how-to" category. The BusinessWeek SmallBiz page, where my column appears twice weekly, also took gold for best microsite/special section.

Very cool and a nice way to start the weekend!

We're All in This ...

Togetherness is the hot marketing concept of 2009, according to a new survey.

My long-time source Eric Swartz, president of Tagline Guru, surveyed 150 corporate taglines that debuted in 2009.

He lists the top 10 words from those taglines.

Here's the takeaway:

Although the impact of “innovation” has been diminished from overuse, and words like “new” and “more” are typical of jaunty sales jargon, concepts such as “together,” “you,” “imagine,” and “future” paint a picture that is decidedly more intimate, inclusive, and optimistic.

Pop!

I waited a few minutes to introduce myself to Sam Horn at a conference last week.

The man in front of me kept apologizing, but he couldn't tear himself away from Sam. When their conversation was over, he hugged her and gave her a kiss.

Well! What was it about this prolific author and marketing/branding guru that inspired such devotion?

I said hi and told Sam I'd like to have her guest on my podcast sometime soon. She graciously agreed and then she did something I've rarely seen. Instead of telling me all about herself and her books and her work and her speaking business - like most people do - she started asking about ... ME.

"You're a writer, you must have a book in mind," she said, smiling. Well ... I had to admit that like most writers I did have some dormant aspirations in that direction.

Sam smiled again, flipped over the notebook she was holding, and started scribbling in it. "What do think you'd write a book about?" "What's been your most popular column?" "What's another column that got a lot of feedback and attention?"

Before I knew it, Sam showed me what she had been writing as we talked. Not only did she have a book cover sketched out (with my name on it!) she also had a catchy title and an idea for turning the book into a series.

All this in less than five minutes. Wow!

Both of us were on a five-minute pitch panel later that day, an event where would-be entrepreneurs had one minute to present their business ideas and four of us four judges had one minute to comment, question and give advice. Sam was similarly helpful and expansive in that arena.

Needless to say, I was thoroughly impressed. For many years, I've been telling entrepreneurs to give, not sell. Make their business all about listening and meeting clients needs.

But I've only rarely seen people truly embody that advice so thoroughly and charmingly. Sam is the genuine article.

Happy Entrepreneurs

The times are tough.
Consumer confidence keeps falling.
Our retirement accounts are hollow shells of their old selves.

And yet, people who work for themselves don't seem to regret it for a moment.

At least, not according to a survey released this week by business networking site Biznik.com and a professor from the University of Washington’s Foster School of Business.

The survey asked nearly 1,000 small business owners a variety of questions about their companies and the challenges they face. They found:

Passion and values continue to be the leading motivations for starting a business. Nearly one-third of respondents said the most important reason for starting their business was that they wanted to do something they enjoy. Another 25% cited the fact that they did not want to work for someone else. And, while only 60% of the respondents said they were satisfied with the performance of their business, 91% claim they are satisfied with their decision to work for themselves.

I know a lot of entrepreneurs and I'd say that sounds pretty familiar. And you can count me on in on that, too.