How much is my time worth?

Posted on August 12, 2014 by Andrew McIntosh CPA, Optimize Business

A few years ago, one of my first business coaching sessions was with an entrepreneur who had spent a year and a half in development. He’d given up a well-paid job and spent about $25,000 on developing an App. He had no real business plan. When I pointed out that he had notionally invested about a quarter of million dollars on the App, he drew a deep breath of entrepreneurial fatigue, and said disheartenly, “Well, I suppose so.”

This back of the envelope calculation was done as follows: see calculations and read more here.

I am a 90 year old one man band because I am also underfunded but resolute!

Posted on June 16, 2014 by Andrew McIntosh CPA, Optimize Business

After being surprised by the stat that “the highest rate of entrepreneurial activity is in the 55-64-year-old group” in a recent article by Jim Dougherty, I was posting my own blog about single operator businesses and was surprised yet again to get this comment back:

“I am a 90 yr. old one man band because I am also underfunded but resolute! There are services that one can sign up for that begin in a free stage and I definitely use them, have to. But this digital business needs advertising money, lots of it. One SBA volunteer told me since I didn’t have money I’m dead in the water. But I got an order the other day.” David Lambert

Amazing: especially after you read his bio of life experiences, I could not help but try to encourage a few followers, likes, views for him. Because you can do digital business at no or low cost and not all entrepreneurs are young, Jim rightly says. And maybe he’ll get the odd order or two; I know I became his second order from #socialmedia.

All this links social links are from his webpage, so anyone feeling socially generous, please give David’s Delicious Chocolates a like, follow or even an order (via PayPal, here’s on that too)!

I live in Australia and David is in Pittsburgh, Pennsylvania. I have never met David until he reached Melbourne via LinkedIn and now I’m ordering chocolate from some guy called David in Pennsylvania!

http://davidsdeliciouschocolates.com

How do you get business inspiration (and keep it)?

Posted on June 2, 2014 by Andrew McIntosh CPA, Optimize Business

Go!

Stop. Think. Get inspired.

The gardening crew has arrived outside my office. I hear a clunk and a bump as their truck and trailer bounces into the lot. I watch for a few minutes, and I’m inspired by the efficiency. They quickly rev up the ride-on mower and begin trimming the edges. It’s like a well-oiled pit stop team — every worker knows his place. Someone hands me the bill and everybody leaves as smoothly as they came in. In business, it’s important to be creative. Here are five sources of inspiration. See full article: Here

Optometrists, war, hot cross buns and death

Posted on April 28, 2014 by Andrew McIntosh CPA, Optimize Business

Business owners often ask me about how to create content that is interesting and relevant for social media and blogging: “but I don’t have anything to write about” they say.

Firstly, we have all probably have heard a hundred times that it is about creating valuable “content” and “story telling.” Social media (which includes blogs like this one you are reading now), can just talk about what you care about or what you are doing as a business or passion. No-one has your life, it’s unique and your business is also unique.

Here are some tips to draw out some relevant:

Have an annual calendar of events is a great starter – plan in advance

How does your business relate to the local, state or national event?

Link social media to real life. Easter? Maybe have hot cross buns for customers over lunch. (e.g.Photograph the buns in advance and let people know its coming);

Use social media to share the event when it is happening (e.g. photo and text of staff and customer eating piping hot cross buns right now, hurry in);

Send out a thanks for coming post. A picture tells a thousand words so: I am alway big on using images.

Last week was ANZAC Day in Australia and New Zealand and I have been helping a local optometrist network in content creation and story telling. For those unaware, ANZAC Day is national day of military remembrance held on the 25th of April each year.

So what can an optometrist do for a day like remembrance day, apart from being shut? Well, like any profession, retail or trade, Australian and New Zealand optometrists made a huge contribution during First World War and other conflicts. With a few hours research we had a relevant and respectful ‘social media campaign’ ready to go.

Advertising was minimised during the period;

We shared photos and stories of opticians, optometrists and optical dispenser to high the service of the profession;

While some stories were amazing (a single optometrist at an Army Hospital able to examine, cut and fit lenses in 16 minutes during #WW2), some were heartbreaking & heroic.

I have summarised the story of four #WW1 opticians we found and reposted here. On ANZAC Day, we will, and did, remember them.

Lest we forget:

museumandhistory.com

AWMP08299.007 An outdoor portrait of the 9th Training Battalion at Perham Downs, Wiltshire. Victorian optician Gordon Heathcote from Kew is seated on the far left, sporting his new Corporal stripes he earned in England.

Cpl Gordon Roy Heathcote, 24th Company Australian Machine Gun Corps.

Cpl Gordon Roy Heathcote was an optician of Kew in Victoria. Single, twenty-three years old and living with his parents comfortably in Melbourne’s inner eastern suburbs, he enlisted in August and set sail from Melbourne on 20 October 1916. Seated on the left above, the machine gun is not just a prop for the photo – this optician had landed as a non-commissioned officer in an Australian Army Machine Gun Corps. Single, living with his parents comfortably in Melbourne’s suburbs. he enlisted in August and left Melbourne on 20 October 1916. In was promoted to Corporal while in England and completed his physical and bayonet training courses there before landing…

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Happy Easter!

Posted on April 18, 2014 by Andrew McIntosh CPA, Optimize Business

Are you in LinkedIn? If you run a business or have a professional career, you should be. Take a look at the Optimize Business Company Page (press the Easter eggs!) and please “follow” as we are working to drive up linkages to our own page! Thank you: let us know if you have any questions or tips about the set-up or analytics of a “LinkedIn Company Page.”

Wishing everyone who celebrates Easter a happy one and the very best to everyone over the break! I’ve been reluctant to use my mobile phone for posting full blogs, but a link saying a new app for “WordPress for iOS” tempted me on Good Friday. So posted I did – all seemed to work well with uploading a “seasonal” image and text.

I prefer micro-blogging on my iPhone (Twitter app), but handy to have a WordPress blogging app just in case! Do you do anything festive for the Easter period or does multiculturalism make it hard for your business to decide what to run with?

#socialmedia: the new word of mouth

Posted on March 22, 2014 by Andrew McIntosh CPA, Optimize Business

Wow, I can’t believe it is two years since I took the entrepreneurial leap and founded Optimize Business. An exciting time for any small business, it is enjoyable, exhilarating and I love meeting new people everyday: exploring their ideas, developing their ideas into strategy, strategy into a plan and plans into action.

Expanding from business coaching and strategy services, my clients value my financial background and being a CPA gives an added credibility and weight to suggestions about running their organisations. What I enjoy most and now do most is help business with their social media. I diversified my skills with photography, documentary video and writing for the web.

Most of my clients now come from the “new” word of mouth – #socialmedia. I just signed a contract with a North Eastern US company to provide regular social media content… they contacted me from Connecticut, I do not market to the US but social media is global, so be ready! Most people find me through LinkedIn or as a result of my social media engagements.

So give it a go. Try flying solo. Ensure you have enough cash-flow up-front, a good strategy, a good plan, and go for it…. oh, and a good business coach or mentor to guide you along the way 🙂

LinkedIn Company Pages 101

Posted on October 3, 2013 by Andrew McIntosh CPA, Optimize Business

It is not often you get things for free, but Company Pages from LinkedIn give small business owners, managers, NFP and NGOs a chance to showcase their organisation for no cost (at the time of this blog!). Linked in Company Pages currently have four sections:

Home page
Products and services
Careers
Insights (including views)

Will creating a company page on LinkedIn really make any difference? Well, have you noticed how when you are searching for a local business or person on Google, LinkedIn profiles typically rank very high in the ‘natural search’ results.

Natural search is what Google finds based on its proprietary search algorithms and ranks the results for you to review.
Paid search are results that appear (usually at the top or side of your search engine results page) that are only there based on advertisers paying for you to seem them based on your key words and phrases used in your search.

Adding a company page to LinkedIn strengthens the natural search result rankings of your business. You can create a Home page and Product / Service descriptions with links to your other websites and social media accounts. While not only providing a free way to showcase your business, it also provides a structured way to think through your products and service offerings.

You can link individual LinkedIn profiles of your management team and key staff to each product or service. You also have the option to ‘pay’ for your job listings in the “Careers” section of your Company Pages. This paid service targets your job vacancies to those meeting your requirements and will cost about $200 AUD for a 30 day local posting in Melbourne (Australia).

Check out the attached guide for more information on LinkedIn Company Pages above. You can create a Company Page from the links here at LinkedIn FAQ.

LinkedIn Company Pages: a great way to showcase your organisation, for free!

Posted on February 3, 2013 by Andrew McIntosh CPA, Optimize Business

Free Guide: LinkedIn Company Pages

Home page
Products and services
Careers
Insights (including views)

Natural search is what Google finds based on its proprietary search algorithms and ranks the results for you to review.
Paid search are results that appear (usually at the top or side of your search engine results page) that are only there based on advertisers paying for you to seem them based on your key words and phrases used in your search.

Check out the attached guide for more information on LinkedIn Company Pages above. You can create a Company Page from the links here at LinkedIn FAQ.

Twitter for Business: link your tweets to appear on Facebook!

Posted on August 31, 2012 by Andrew McIntosh CPA, Optimize Business

: Get your Tweets posted on your Facebook page automatically! It is easy to set-up, go to the Twitter Help Center to learn more.

The Facebook Settings page (when you are logged in as a profile Administrator in Facebook) has a “Link to Twitter” button. This is a good way to post onto Twitter if your primary social media tool is Facebook.

But remember the most Twitter users will see of your Facebook post is 140 characters. This means you need to fashion your opening Facebook wording carefully to still make sense once it posts on Twitter. The link to your Facebook post in the Tweet will also decrease your available characters.

Optimize Business suggests doing the reverse: log into your Twitter account and then have your Tweets automatically post onto your Facebook page. This will mean that you have more control over the final text outcome that is communicated on both social media platforms. You can carefully craft your Tweet to 140 characters and this will then look and ‘feel’ better across both mediums.

You will probably find you end up doing more Facebook entries as well, because avid tweeters often end up tweeting more from their mobile devices…. so why not communicate to your Facebook crowd too!

If you want big, attention grabbing photographs or links to interesting articles, simply post direct to Facebook to ensure you do not get a thumbnail of the Twitter photograph.

Facebook for Business: allow subscribers!

Posted on August 31, 2012 by Andrew McIntosh CPA, Optimize Business

For the sake of business, don’t for get to “Allow Subscribers”!

If you are running a business page on Facebook, don’t forget to go into your Facebook Settings (found on the top right of your page) and tick the “Allow Subscribers” check box.

This means Facebook users will be able to find you on Facebook, via public search engines and connect… which is probably why your business is on Facebook, so people can find out about your business! Your customers and the public can subscribe without becoming a “friend” also.

© 2012 Andrew McIntosh CPA Optimize Business @Optimize_Biz

Optimize Business

Business coaching and all things to optimise your business!

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