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Just as we seek the right partners in our personal lives, we often also look for partners to help us start and grow our business.  Working with a business partner can drastically change the dynamics of running your business. The right business partner can multiply your chances of success; the wrong partner bring your venture to its knees.

There are any number of good reasons to partner up:  a need to share the workload, balancing out skills, a desire to co-create with others vs. doing it alone, and splitting the financial burden. There are also some pretty bad reasons to start a partnership: working with someone because you’re afraid to hurt their feelings or  because you feel badly about your spouse or a friend being left out, or because you want someone next to you to praise your ideas (as opposed to providing constructive feedback). I’ve witnessed a number of friends partner with others for all the wrong reasons and it only led to disappointment and sometimes long legal battles. Continue Reading »

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When Facebook held their Initial Public Offering in May 2012 a common reaction from the public was bafflement at the valuation price of $100 billion. Sure, they had 900 million users worldwide (enough to make Facebook the world’s third largest nation), but Facebook is just a social network, something to “waste” your lunch hour on looking at friends’ photos and sharing funny videos from You Tube. How could something so trivial be worth anything at all?

To dismiss Facebook as just a social network is to misunderstand something that founder and CEO Mark Zuckerberg knows with every cell in his body, something that has been his obsession since college, and probably long before that. Because we as humans are social beings, and to dismiss a computer site as just a social network would be like dismissing New York City as just a social network, but a New York City with a population of 900 million.

But how did Facebook grow to be the most prominent social network in the world, and will it be able to face its post-IPO future without losing the values that helped it reach this position? Continue Reading »

Since Facebook’s IPO in May 2012, news stories discussing the fluctuating share price, issues with privacy and controversial monetization changes have been rife. Facebook’s critics have jumped on each story as a sign that Facebook is losing its relevance and popularity, or that it was over-valued, or else that Mark Zuckerberg is taking over the internet and leading his company down an overly-commercial route.

Will Zuckerberg be pressured by Wall Street into selling out his vision for Facebook for short-term gains, or will Facebook remain at the forefront of social media innovation, and continue its unparalleled growth? This is one of the questions I tried to answer in my book “Think Like Zuck: The Five Business Secrets of Facebook’s Improbably Brilliant CEO Mark Zuckerberg”. Continue Reading »

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The explosion of Pinterest onto the social media scene only three years ago proved just how user-friendly it has been from the outset: by February 2012 it was already driving more traffic than Google+, YouTube and LinkedIn combined. No wonder marketers have been scrambling over themselves to set up accounts. Pinterest has recently re-styled some of its features, meaning that brands can get even more out of the image-sharing site. I’ve put together some of the top tips and tricks to using Pinterest for your brand so you can make the most of its slick new look.

1/ Pinterest suits all industries

Although it’s known for being the site of choice for the lifestyle and fashion industries, Pinterest can help all industries find a new audience and connect with its fans through images. The US Army has a hugely popular page with boards that feature army values, families, veterans, history – and, of course, army style!

 

2/ Make it visual

Your brand might not be obviously image-based, but think how you can represent it visually. Parenting magazine and Penguin Books have both created well-followed pages, despite producing text-based products, by posting images related to themes they write about or the lifestyle that goes with their products. Even pins showing short quotes work really well, as long as they are well designed.

3/ Don’t be afraid to be quirky

Pinterest is all about creativity and having fun, so think about the lighter side of your brand. Southwest Airlines’ Pinterest page captures the sense of humor they are famous for, with boards of ‘Plane Party Ideas’ and fun plane-related crafts.

4/ Learn from your stats

One of the most exciting new features for marketers is the analytics function. Now you can track re-pins, views, reach, clicks and website visitors, once you have verified your site. Be sure to evaluate which boards and pins are creating the most buzz and evolve your Pinterest strategy accordingly to build your following.

5/ Get creative with the names of your boards

Your boards should stand out if they are going to attract followers. Choosing a strong theme and great images are obviously central to this, but so is giving it a snappy title to attract people’s attention. Sony Electronics has 30 boards on its page, with titles such as ‘I can haz gadgets’, ‘So hipster it hurts’ and ‘Call me maybe’. With 26,000 followers they are doing a great job of capturing people’s imaginations with the way they represent their ethos as well as their products.

 

6/ Build a community

Like all social networks, Pinterest encourages conversations rather than broadcasts. It’s fine to pin up plenty of your own content, but if you want to build a loyal following, be sure to re-pin images, Like, and follow back. Whole Foods Market is one of the most popular brands on Pinterest with 115,000 followers. They have built up this following by re-pinning images related to their interests, products and values from their community so their page feels more like a celebration of their ethos than an advertisement for their brand.

7/ Use high-resolution images

Pinterest’s new look aims to improve the best feature of its site: its images. The maximum image width is being increased from 600 pixels to 735, which means your best photographs can have an even greater impact. So be sure to use the largest images you can to showcase your products for the best effect.

8/ Use seasonal boards

Pinterest thrives on new content, and seasonal pins are particularly widely shared. Whether they are holiday themed, Valentines’ Day, summer, or tied to current events like an election or the Superbowl, giving a seasonal twist to your pins can help them go viral and broaden their reach. HGTV, one of the most popular brands on Pinterest, are particularly good at keeping their content relevant: take a look at their boards ‘Ideas for Spring’, ‘Color of the Month’, ‘4th July’ or ‘Halloween Ideas’ for some inspiration.

9/ Link to your website

If you want to increase traffic to your site, don’t forget to put a link to your website (and verify it, see above), as well as activating your website itself by adding the Pin-it button. This will encourage visitors to your website to share your images with their own followers, even if they don’t follow you on Pinterest, which will help you reach new audiences.

10/ What does your audience want?

Knowing your audience is key to Pinterest success. 80% of users are female, and lifestyle, hobby, crafts and design are the most popular themes. So don’t think about your typical brand following when posting to Pinterest; if you consider who uses the site you are more likely to gain a new audience. It may seem surprising, given Mashable’s techie readership, but the online magazine has 1.5 million followers on Pinterest. Their boards reflect the lifestyle and interests of Pinterest users, with themes such as ‘Your Connected Living Room’, ‘Women of Tech’, ‘Nerdy Desserts’, and ‘Pets Gone Digital’.

 

11/ Mix up your media

Pinterest allows you to upload videos as well as images, so try mixing it up with photos, artwork, quotes, infographics, cartoons and videos to add some variety to your boards. Take a look at the Mashable Pinterest page for some ideas of how to be creative with your media.

12/ Engage!

If you want followers to engage with your pins, make sure to Like, follow, re-pin and comment on other people’s images to get the most out of this interactive site and build a loyal following. Pinterest makes it easy for you: the more people and boards you follow, the more ideas you will have for pins to share. Keep your content fresh and current, and be sure to read up on the site’s etiquette guidelines if you are new to Pinterest.

Pinterest’s new features and re-design are great for helping brands take their marketing to new levels and reach new audiences. For more information, check out this great article from Social Media Examiner, which takes an in-depth look at the changes and what they mean to marketers.

 

Originally published in Fast Company

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All great achievements start with passion. Passion is what fuels everything. Passion is what motivates you, whether your motivations are spiritual, artistic, political, economic, social, or personal. You know that you are passionate about something when you become restless, when you wake up every morning knowing that you cannot not create whatever it is that you are passionate about.

Passion is what shapes your purpose, in life and in business. When the idea for a venture starts taking shape, purpose is what ultimately helps define it. If you rally around the purpose and build a culture around it, you will meet success; if you lose your way, you will meet failure.

The success of your mission will depend on a lot of factors, one of the most critical of them is people – employees you hire and those you partner with. Whether you are a growing business or an established one, if you don’t have a team that shares your vision, your dream, and your goals, the business will not be able to reach its potential. No matter how you look at it, no matter which field you are in, no matter how brilliant your ideas are, success is a team sport. You can imagine the most amazing products or services in the world, but it requires people to make your dream a reality. That’s where culture and leadership become important. Continue Reading »

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