In This Issue

The Top 10 Branding Mistakes Entrepreneurs Make

Smarter Branding Without Breaking the Bank

Enter Our Contest And Win!

 

FORWARD TO A FRIEND

Build an executive leadership brand that inspires loyalty and drives employee performance

Brenda's step-by-step leadership personal branding system to take charge of your career.  Earn more, do more and be more at work
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Build a powerful brand that is high on results but low on cost
How YOU(tm) Are Like Shampoo for Job Seekers Front Cover

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The Power of the Platform: Speakers on Purpose
Brenda and other well-known speakers inspire and motive you to live your purpose

Branding Matters

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Brenda travels around the world


Where in The World is Brenda Now??

Author, Speaker, Trainer and Coach Brenda Bence travels extensively to present her unique approach to corporate and personal branding at conferences, conventions, & corporations all across the globe...

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If you'd like Brenda to speak or train at an upcoming event, conference, or meeting, please

e-mail her at:

Brenda@BrendaBence.com

 
Calendar

 

Here is Brenda's tentative schedule for the rest of the year 2015:

 

April 12 - 16: Newport Beach, CA

April 17 - 24: Lincoln, NE

April 27 - May 14: Singapore

May 15 - May 18: Hong Kong

May 19 - June 25: Singapore

June 26 - July 5: Bali

July 5 - July 7: Singapore

July 8 - 10: Shanghai

August 17 - 21: Singapore

September 25 - 28: Hong Kong

Oct 2 - Oct 20: Lincoln, NE

Oct 23 - Nov 1: Phuket

Nov 28 - Dec 8: Rio de Janiero, Brazil
 


 


Contact Us

 

Brand Development Associates International  

 

Singapore Contact Information

 

Phone: +65-6322-1491

Fax:      +65-6322-1493   

6 Battery Road #30-01 

Raffles Place

Singapore 049909

 

U.S. Contact Information

 

Phone: +1(312) 242-1830
Fax:      +1(312) 277-9211

10785 W. Twain Ave., Suite 102

Las Vegas, NV 89135

 

 
E-mail: Brenda@BrendaBence.com
Website: www.BrendaBence.com

Brenda Bence - Achieving Greater Success for YOU and Your Company Through the Power of Branding
 
April 1, 2015



,

 

"It's impossible, " said pride.

"It's risky," said experience.

"It's pointless," said reason.

"IT CAN BE DONE," said the entrepreneur.

 

I've never been a big fan of the number 13. I guess it's related to the whole Friday the 13th belief.  But this year, I feel differently about it.  That's because today - April 1, 2015 - marks the 13th year of existence of our company, Brand Development Associates (BDA) International!

 

It's hard to believe it's already been 13 years since I sat in a little office by myself, picked up my vision for the business (which I had scribbled on a paper napkin during a long-haul flight), and said, "OK! Let's turn this vision into reality!"

 

Now, when I reflect back on those years, by far the biggest pleasure during this time has been the incredible opportunity of meeting and interacting with YOU. At conferences where I've spoken, during workshops I've conducted and/or private or group sessions I've coached, through books I've written, or via online learning, I am so very appreciative of you and your ongoing support. Thank you! Without you, none of this would be possible, and I am incredibly grateful.

 

Over the past 13 years, the BDA team and I have had the privilege of working across 30 countries that span six continents. But it wasn't always like that.  Our company began as a solo-preneur venture, so it seems appropriate that in this newsletter, we will celebrate and explore the art of branding for the entrepreneur.

 

First, I'll share the top 10 most common branding mistakes I see entrepreneurs make when starting up a company. Then, to celebrate our anniversary, we are offering complimentary copies of one of my recently released books, Master the Brand Called YOU™. Don't miss out on the give-away!*

 

Thank you again from the entire team here at BDA.  Until next time, all the best, and here's to YOU™!

 

    

Brenda Bence signature
Brenda Bence

Brenda@BrendaBence.com
 


 

P.S. Even if you are not an entrepreneur or a small business owner yourself, you may know people who are.  Why not forward this newsletter on, and help them build their growing brands!? 


 

*A special shout-out to the winners of our last newsletter contest! They won either an audio book or an ebook of my 2014 release: Would YOU Want to Work for YOU? How to build an executive leadership brand that inspires loyalty and drives employee performance. Congratulations!

 

 

The Top 10 Branding Mistakes Entrepreneurs Make

 

Mistake ErasedWhen you're growing your own business, every error you make means money out of your pocket. So, why learn the hard way (which is also the expensive way)? Why not learn ahead of time which pitfalls to avoid?
  
 

Below are the Top 10 most costly branding mistakes that I have regularly seen entrepreneurs make.

 

  1. Getting creative with your company name. Clever names may be fun, but if your target market cannot easily tell who you are and what you stand for, they will simply pass you by. Your customers won't take the time to figure out your business. So, make it easy for people to "get" what you do! Would you rather spend your marketing dollars explaining the purpose of your business, or let your company name do that for you? Why not spend your limited funds to explain more clearly how you can make a difference in the lives of your customers? A well-named business simply makes your job much easier. Our company name is Brand Development Associates International, and we are a group of associates who develop brands internationally. No one has to guess who we are or what we do.

 

  1. Forgetting that you are your brand. Building brandNo matter what you sell - and whether you like it or not - YOU become the masthead for your business. Everything you do represents the brand of your company. I knew a business owner who lost a multi-country contract because he arrived at a morning meeting with alcohol on his breath (he had gone out the night before to celebrate the assumed-signing of the agreement!). His potential partners worried that he might have a drinking problem, and it was enough to break the deal. But you don't have to do something extreme to undermine your company's brand. Maintain a character 24/7/365 that is in keeping with your brand, and it will do both you and your company good.

 

  1. Not confirming that a need for your product or service truly exists. Many entrepreneurs put products on the market like they're throwing darts. They don't have the funds for market research, so they just wait to find out what will work and what won't. What they don't realize is that they're spending much more money creating products that won't sell than they would if they had spent just a little bit on market research. So, get creative!  You don't have to conduct fancy, expensive market research. If you're selling a new toy, for example, go to the nearest day care center, and volunteer to have their children play with the toys. If you're selling a new beverage, invite people on the street who are in your demographic to try out your product, and ask them what they think. Offer a potential new service for free, and see how your target market responds. In other words, find out ahead of time if you have a viable product or service. It will save you a lot of money and time in the long run, and it will keep your brand's image intact.

 

  1. Not making tough choices to target your marketing. The bigger your  market, the bigger your business, right? NO. You cannot be everything to everyone. Your brand won't be able to truly reach your target market unless you can deliver a meaningful point of difference. If you're targeting all women 18 and older, you will not be able to show that entire age group how your product or service will help them because, let's face it, an 18-year old has different needs than a 55-year old. So, segment and separate your target markets. Perhaps your offering is appropriate for women ages 22-35 who have children ages 4-10. Find out what will appeal to your specific market, and communicate your product or service with that in mind.

 

  1. Not being realistic about your competition. Some entrepreneurs make the mistake of believing their company has no competitor. This is never true! Even if there is no product that directly competes with yours, there is always something else on the market that your customers can choose over what you offer. Your target market literally has dozens of alternative choices to what you offer. So, get to know your competition well, and look at it realistically. What will differentiate your product or service from your competitors and fill your market's needs better? Focus your brand on those differences.

 

  1. Not being consistent in your communications. If the DNA in your hair were different from the DNA in your fingernails, you'd be a mutant. The same is true for your brand. Power positioning means that you're consistent across everything you do. If your positioning stands for one thing, but your website or Facebook page or tweets stand for something else, your brand will mutate! Your target market can only get to know your brand if every single touch point is 100% consistent with your brand's image.

 

  1. Not choosing the right team membersteam working on a project to reflect your brand. Small entrepreneurs often believe they must be "grateful" just to have people work for them. Not true! Just as you represent your brand, so does every single one of your employees. Make sure the people you hire have the same character as the one you want your business to communicate in the marketplace.  Find the best possible people to join your team, and spend a little extra to get them. The effort will pay back ten-fold.

 

  1. Forgetting that your brand extends to your employees, not just to your customers. Do you treat your staff as well as you treat your customers? If you treat your team poorly, the word gets out, and it damages your brand. On the other hand, if you treat your team very well, the best candidates will want to work for you, and it will become well known that your company is a great place to be employed. Think what that kind of image can do for your brand!

 

  1. Not making choices about your brand's offerings/benefits. Just as you cannot target your product to everyone in the marketplace, you must also  choose what your brand will stand for, too. Don't fall victim to scope creep! Here's an example: My first week in business, I was very nervous. I had left a highly successful 6-figure job, and I worried about getting enough work. I received two exciting phone calls right away - one from a very large company in the region, asking me to do Human Resources work, and the other from a great connection who wanted me to do some Sales work. The truth is that I could have done both of these engagements, and I loved the idea of landing two great clients in my very first week. But I knew I had to stick to my guns. Branding was my passion - what I stood for. So, I took a deep breath and said "no" to both offers.  Two days later, I received a call from my first branding client, and we've been able to successfully maintain that branding focus ever since.

 

  1. Not making your business something you love to do. You will be eating, sleeping, and breathing your business for a long, long time. If you don't absolutely love it, you will burn out quickly. So, don't choose to do something just because it's what you've always done. You'll spend way too many hours of your life miserable, and your heart won't be in it. For example, many coaching clients come to me because they aren't happy in their jobs. They may be "successful" in the eyes of others, but they know in their hearts that they aren't "happy." Case in point: A few years ago, I coached a woman who tried to create a brand based on her past experience rather than on her passion. When I asked her what she loved, she said "horses." Through our work together, she eventually realized she could combine her love of horses with the skills she had acquired in her past jobs. The outcome? She created a training program that brought corporate executives to her ranch to learn leadership skills through working with horses. Learn from her example, and find a way to embrace and leverage your passion. You'll be much happier for it.

 

Every entrepreneur makes a misstep now and then.  So if you have fallen prey to any of these branding mistakes, pick yourself up, and do what you must to get back on track. The more you steer clear of these 10 branding blunders, the faster you will build a powerhouse business and enjoy the success you deserve.

 

Click here to share your thoughts.

 

Smarter Branding Without Breaking the Bank

SBBB book cover 

As a business owner, you already have what you need to get big-brand results even if your business is small-to-medium sized and you don't have a lot to spend on marketing.

 

If that sounds impossible, this book is for you.

 

Smarter Branding Without Breaking the Bank: Five Proven Marketing Strategies You Can Use Right Now to Build Your Business at Little or No Cost shows you how to leverage five branding assets that you already have, unleashing a treasure chest of tips, tools, and techniques to grow your brand and increase your revenues at little cost -- or no cost at all.

 

Here's what a sampling of readers have said about Smarter Branding Without Breaking the Bank:

 

"...Such an easy read and very practical!..." - Carolyn Chan, Independent Consultant


"
With every paragraph read, I seem to create a to-do list of five items or more - so stimulating the insights!" - Heidi Kingman, President, PrimeTime Singapore 

 

"Well written, easy to follow, with practical ideas for business success!" - Valerie Allen, Author, "Write, Publish, Sell!"

 

Available in paperback, ebook, and audio book. 


                             

ENTER OUR CONTEST AND WIN!

 

Would you like to win a free ebook or audio version of one of my recent releases, Master the Brand Called YOU™: The proven leadership personal branding system to help you earn more, do more, and be more at work? Here's how:

 

Just read the article in this newsletter in full, then answer the questions below. Send your responses to contest@brendabence.com. All correct answers will be entered into a drawing to win. Number of prizes!? "13" of course!

 

1. Name two branding mistakes that entrepreneurs frequently make:


 

___________________________________________________________________.


 

2. Name one reason why you shouldn't always say "yes" to all offers you get for new business.


 

___________________________________________________________________. 

 

 

Master the Brand Called YOU™: The proven leadership personal  branding system to help you earn more, do more and be more at work provides you with the only start-to-finish system for defining, communicating, and taking control of your leadership personal brand at work, whether you are leading yourself or leading others. Modeled after proven big-brand marketing methods, Master the Brand Called YOU™ guides you step-by-step through corporate branding techniques adapted for personal use.
 

Available in paperback, ebook, and  audio book.

 

  


Happy branding to YOU™!  I look forward to staying in touch.

 

All the best!

Brenda Bence

Brenda Bence