The Marketing Companion

call it quits The entrepreneurial spirit was strong in me, even at an early age. I always had some gig going. I sold Christmas cards door-to-door. I raked leaves and cut grass. I watched kids and dogs. I did anything I could to make a buck. But my first entrepreneurial venture was also my shortest one and it occurred when I was five years old. That's right. I started my first business before I entered the first grade!

My family home at that time was at the intersection of two busy streets. When people stopped at this corner from any direction, they would throw their cigarette butts out the window. I noticed that most of these butts still had a lot of tobacco in them. So my idea was to unwrap the used cigarettes, recover the unused tobacco and sell it. Now, in hindsight, that is a pretty gross business. But for a five-year-old kid, this was a vision of money falling from heaven.

Of course when my mother found out what I was doing she made me stop right away (and take a bath). My first start-up literally went down the drain at that moment. Which brings me to today's topic. If you have an idea you love, and you're driving a new business as hard as you can, how do you know when it's time to finally call it quits? Probably one of the hardest moments in your life, right? My Marketing Companion co-host Tom Webster and I have both had to give up on start-up businesses and decided to devote some time to discuss ... when is it time to call it quits?

  • Is the biggest problem quitting early or quitting too late?
  • A discussion of the number one reason for new business failures
  • Following your heart versus your head - the chronic entrepreneurial failure
  • The pervasive and mythological legend of entrepreneurship in America
  • Why "intrapreneurial" efforts are so difficult
  • The rise of the entrepreneurial unicorn

And as an added bonus, Tom and I review the worst mobile apps of 2015. You won't want to miss this episode! Resources mentioned in this podcast Failure of Zirtual Innovation and Entrepreneurship by Peter Drucker Clay Hebert Chris Brogan's podcast

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gShift’s Web Presence Analytics platform provides agencies and brands with search, social and mobile content marketing data in one place. Monitor and report on an entire web presence. Create smarter, faster content through gShift’s proprietary data. Report on the engagement and performance of your content marketing investment.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: TMC.56.mp3
Category:Social Media Marketing -- posted at: 3:00pm EST

advocate marketing Advocate marketing is getting a bit ... prickly. While there are undoubtedly some wonderful programs out there, and many brands are doing it well, there is a rising tide of weird stuff going on in the influencer space, as we explore on the latest episode of The Marketing Companion. The ability for anybody to publish content and gain an active audience has transformed the media world and democratized influence. Many companies are becoming aaware of these "citizen influencers" and how they might be impacting the attitudes and buying behaviors of a target audience. Connecting to these trusted influencers and advocates and their engaged audience can provide an effective and rapid opportunity for content transmission. In this edition of our Internet radio show, Tom Webster and I crack open a case of advocate marketing topics such as:

  • How companies are gaming influence and cheating brands blind.
  • The advantages of advocate marketing
  • Influence marketing done right -- What make an effective campaign?
  • Examples of brands using influencers to successfully connect to new audiences and new platforms
  • Why influence marketing is becoming a gamble
  • The burned-out influencer
  • Becoming a human NASCAR jacket
  • Authentic Advocacy versus celebrity endorsement
  • The model for influence marketing, Bethany Mota

Pretty amazing discussion, right? Let's do this thing! Resources mentioned in this podcast The book on influence marketing, Return On Influence Crowdly The book The Content Code: Six essential strategies to ignite your content, your marketing, and your business Augustine Fou's Slideshare channel on ad corruption New York Times article on why brands and influencers are getting picky

Please support our extraordinary sponsors. Our content is free because of their generosity.

gShift’s Web Presence Analytics platform provides agencies and brands with search, social and mobile content marketing data in one place. Monitor and report on an entire web presence. Create smarter, faster content through gShift’s proprietary data. Report on the engagement and performance of your content marketing investment.

Our podcast is also brought to you by Voices Heard Media. Please check out this tremendous resource for scaling social media engagement. Take a look at building an engaged and relevant audience through innovative new games, contests, analytics, polling platforms, and other innovations.

Direct download: TMC.55.mp3
Category:Social Media Marketing -- posted at: 6:15pm EST

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