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#digitaldad: Nurturing the Vision (Biz Lessons from a 1st time dad)



Today’s lesson is “Nurturing the Vision” as a first-time dad my daughter Kennedy is teaching me incredible business lessons that I would like to share.  If you think about your online personal brand or a start-up business they both require attention, time and development from the principal, founder, and or owner.  The same way a newborn requires parents to feed them, change them, and to protect them so that they can grow. A newborn comes into this world with an immune system that is not build up to be able to fend off harmful bacteria and diseases that could be determinable to their health and well-being.

What would happen if a newborn baby were left to fend for himself or herself on day one?  The answer is clear the newborn would not exist.  But this happens everyday in business we start out with visions of grandeur to develop a multi-million dollar startup business or establishing an online personal brand by setting up profiles in various social networks to establish and we think this alone will cause us to be wildly successful.  Without the visionary creating an environment where the business can grow, without being active and present to manage and develop the business or the online profiles and implement strategies you can do more damage than good.

The build it and they will come mentality will no longer world in today’s economy.

Are you nurturing your vision?

3-Personal Branding Types: Builders, Grustlers, & Leapers

Personal brands operate in one of three worlds: Builders, Grustlers, or Leapers. Now let’s break down the three types, as you read through the descriptions identify which one you are. As a backdrop the workplace is changing, emerging technology is impacting the way we live and communicate, and globalization is shifting when, where and how we work.

Builders (Intrapreneurs) – A builder is a worker that is wired to work in an existing corporate or company structure. Organized working structures typically have regular pay periods, access to company resources, and systems/processes in place that allows people to work in a structured environment. This type of individual enjoys working for someone else and building someone else’s dreams while developing themselves and their personal brand. Most universities and colleges teach students to auto-follow this mentality regardless of how a person is wired because it has been the safe option historically. The biggest benefits of this category are the halo effect and company resources.

Benefits of Builders

  • Halo Effect – Working for a large corporation can position you for great opportunities that are a direct result of your association with the company you work for.
  • Company Resources – The resources that are available at a large corporation can be very beneficial to your career: experience using enterprise software, databases, cool projects and access to priority data.
  • Expanded Network – Great network building opportunities: attending conferences, company networking events, and the visibility to higher-level executives.

Examples: Jeremiah Owyang

Grustlers (Hybrids) GRUSTLE is the combination of a daily Grind (job) and a Hustle (your passion). In my book ‘The Brand YU Life’ the first degree (or principle) is ‘Identify Your Passion’ which is the cornerstone of Grustlin’.

Definitions

Grind: A grind is a job; employment; typically your primary source of income.

Hustle: A hustle is your passion, what you would love to do full-time and what gives you the most satisfaction. It is what you typically do after you work your daily grind.

Your career/job is the primary source of income that you use to seed your passion. This is a minimal risk option that allows you to develop and grow your ideas without the pressure or financial weight of doing it full-time. This personal brand type tends to operate as more of a transitional phase for people shifting from being a builder to a leaper. There are various forms of Grustle: (1) Being a college student and establishing a blog or having a 9-to-5 job and starting a business on the side are two examples.

Benefits of Grustlers

  • Future Job Security – Operating in a grustle is a new form of job security. Depending upon a single employer or a single career to be your financial source for your entire career is more risky than ever before.
  • Additional Financial Stream – Grustling allows you to add an additional financial revenue stream in your area of passion.
  • Career Transition – It is a career strategy to enable you to transition into a new career that doesn’t mesh with your past work history or educational background.
  • Practice over Theory – It allows you to demonstrate your capabilities in the real world versus claiming expertise in theory. It goes beyond what you learned in the classroom.

Examples: Gary Vaynerchuk

Leapers (Entrepreneurs) – Pure entrepreneurship doesn’t appear typically to be innate because it is talked out of us as a child by parents and teachers. In college we are brainwashed to think of ourselves as builders only. It is only after years of making someone else rich, being downsized, outsourced, or fired that we are forced to follow our passion. Some do arrive here after working for someone else and having a great work experience.

Benefits of Leapers

  • You own the results – The risk and reward is greater but you own the results the fruits of your labor.
  • Lifestyle Management – Leapers have the most impact on their work environment whether it is a home office, co-working, coffee shops, or cubicles.
  • Leaders of Innovation – Small enterprises with less bureaucracy are typically the innovative companies which are lead by visionary leapers.

Examples: Kevin Carroll, Mark Zuckerberg

Note: It is possible to be a hybrid of each type as you transition from one phase to another.

People will tell you that you need to work on your own. That is not necessarily true. You have to identify how you are wired. The pressure of being financially responsible for a company is a hugh undertaking your timing and developing must be right. Being true to where you are is the key. There are great success stories in each category.

How you manage your online personal brand should be dictated by the type of personal brand that you are and the stage of your career that you are in.

Demographics

  • Baby boomers (1946-1964) – This group was born during the automotive manufacturing age in the United States and they worked for someone else. If they went to college they were taught to be loyal to their employer. Category: Builders
  • Gen Y (1965-1976) – This group started our careers in the end of the automotive manufacturing boom but were still taught to go to school and work and be loyal to your employer. Category: Builders
  • Millennials (1977-1994) – Economy tanks. They are born grustlers. This hyperconnected group is blogging, multi-tasking and developing online businesses. Category: Grustlers

Identify your personal branding type: Builder, Grustler, or Leaper. The Leaper lifestyle is glorified because it can be a great rag to riches story, or one that changes the world like Microsoft (Bill Gates) or Facebook (Mark Zuckerberg). It can be a recipe of disaster if you are not wired for it.

Personal Branding Interview @PRSarahEvans: The Rise of Women in Social Media



If you haven’t heard of PR Sarah Evans you probably live under a rock, have no Internet access or use a rotary dial phone. Nevertheless, I had the opportunity to interview her recently and we discussed the topic of women in social media.

She is the President of Chicago based public relations and new media consultancy Sevans Strategy and runs #journchat. She is an influencer in the new media/pr communities and is a great personal branding case study. She has emerged as a leader in the social space but she isn’t an overnight success she has earned her stripes and put in the time.

I really wanted to share Sarah Evans story to inspire other women who believe they have a message that the world needs to hear. One of the great things that I like about Sarah’s story is that she has turned her passion into a career/profit.

Earlier this year she was featured in Vanity Fair with a list of other influential women in social media, which obviously has tremendously impacted her business. The flip side of this story is that Sarah received some negative feedback from some of her peers about the article since it didn’t appropriately reflect women in tech or show a diverse perspective. After talking with Sarah it showed me her depth as a person as she tackled the situation head on when confronted with those facts and addressed the valid concerns with some of those same peers.

#journchat

Sarah Evans is the originator of Twitter Chats. She launched #journchat in December 2008 which has hosted CNN and will host NBC News later this year

How to Follow Sarah Evans

There are a million ways to follow Sarah online I have listed some of the main ways below.

Twitter: @PRSarahEvans
Blog: www.PRSarahEvans.com
Twitter Chat: #journchat (Monday’s 7:30pm-10:00pm CST)

For Other Influential Women in Social Media

Check out my Twitter List of Influential Women in Social Media:

NBA Free Agents vs Personal Brand Free Agents

LeBron + NikeWe are on verge of one of the greatest free agent periods in the history of sports. With NBA stars LeBron James, Dwyane Wade, Chris Bosh and the host of other NBA players who will make decisions on where they will play.

The free agent period starts July 1st with an official signing date of July 8th. Careers, sports franchises and the lives of GMs, team presidents, coaches and their families hang in the balance. A wrong decision could handicap a team for many years to come.

Let’s first start with a quick history lesson on free agency. Do the names Andy Messersmith and Dave McNally ring a bell? Probably not. Well they ushered in modern day free agency in 1975 when they challenged Major League Baseball in arbitration and won.

As personal brands we are all professional business athletes but instead of playing on a field we work in a field. Let’s contrast NBA free agents vs personal branding free agents.

Free Agent Definitions

NBA: There are two types of NBA free agents restricted and unrestricted. For the purpose of this article we will focus on an unrestricted free agent, which is a player who can sign with any team he wants.

Personal Brands: According to Daniel Pink (Author of Free Agent Nation): A free agent is someone who works untethered from a large organization—a free-lancer, a sole proprietor, the operator of a very small business.
Should Daniel Pink’s definition of free agents extend beyond soloprenurs to include intrapreneurs as well who have positioned themselves for new opportunities?

Market Value

As I watch the story of Powered a full-service social media agency unfold it is a great business story on personal branding free agents.

How do you develop a team? In sports, teams can build through the draft getting young players and building around them. In the business world this would be the evaluate of hiring millennial and developing them. The other option is signing free agents or trading (acquiring). Recently Powered has acquired talent through the free agent route acquiring: Crayon (Joseph Jaffe), Step Change, Drill Team, and Conversation Agent (Valarie Maltoni). For more details on this story read Jeremiah Owyang, article, FirstTake: Powered, A Social Marketing Suite, Acquires Crayon and Social Media Agencies

Q: Performance impact in NBA vs. Personal Brands

• NBA: Stats and how you perform under pressure
• Personal Brands: Popularity of your blog (Adage 150, page views) and engagement online (Klout Metrics), book sales, and speaking gigs to name a few.

Q: Reputation impact in NBA vs. Personal Brands

• NBA: Background checks, family history, off the court history and run ins with the law
• Personal Brands: Online Brand Reputation, valid your activity in social networks, and listen to your data stream in your social networks

Total Compensation

As a personal brand it is a great time to diversify yourself to create greater marketing opportunities. Establishing a personal brand is really about more than just creating a blog and tweeting but being portable and leveraging your personal DNA being who you were designed to be.

Q: Endorsements for NBA vs. Personal Brands

• NBA: Shoe deals, product commercials, etc.
• Personal Brands: More and more opportunities for influencers with a strong personal brand presence to experience endorsements with large brands: For example Usage of Ford’s Fiesta Movement Challenge and GM’s Chevy SXSW

Q: Rock Stars NBA vs. Personal Brands

NBA: Kobe Bryant, LeBron James, Dwyane Wade, Carmelo Anthony, Dirk Nowitzki
Personal Brands: Chris Brogan, Brian Solis, Charlene Li, Wayne Sutton

Would you rather be an NBA star or a strong personal brand? Goes back to the Michael Jordan v Bill Gates argument. Would you rather be an NBA Free Agent or a Personal Brand Free Agent?

i Finish: The app that defines Personal Branding

One of the biggest challenges in life is not starting but finishing. Anybody can start something but to the finisher goes all the spoils. What if Fred Smith founder of FedEx stopped with his term paper at Yale, when his professor told him overnight shipping would never work? Fred is a finisher and the impact of his start is still being felt today.

History chronicles those that finish. We rarely talk about the runner-up, second place, or the 500-page book manuscript that you wrote but never published. Personal branding is captured in one word is finishing. One of the people that I have a great deal of respect for is Seth Godin who has talked about this topic at length and has packaged it as shipping.

Reasons Why we Like Starting Stuff

  • Big Bodacious Teams: At the start of a project, leaders and teams are galvanized and inspired to change the world.
  • The Shiny Objective Syndrome: People love working and focusing on new task, projects, and the flavor of the day. Even entrepreneurs believe that they can do the impossible.
  • Excitement – Launching an idea is typically very energizing.
  • Drinking Bathwater – People who would drink your bath water because they think you are the greatest thing since sliced bread gassing your head up.

What is the value of finishing?

  • Building Mindshare: Mindshare is owning a slice of mental real estate in the mind of your target audience. Building a strong personal brand is established over time by finishing projects that are consistent with your personal brand objectives.
  • Creating a culture of execution: You begin to approach projects, ideas, and businesses with the mindset of starting things that you are intentionally planning on finishing. Your life becomes a series of completed projects or ideas that slowly build or speak your consistency. People began to identify you as a person that executes.
  • Conversion: Finishing is about converting objectives into strategies. To complete anything that is significant you have to create small victories on the road of completion. Finishing forces you to strategically approach your work in a way that will result in measurable objectives you complete.

Tips for Finishing

  • Set measurable goals and objectives.
  • Validate the objectives align with your personal mission and purpose. The end result should add value to your personal brand.
  • Shorten your list: You are not creating a list to sound or look important.

What Finishing Means to your Personal Brand

Finishing is not about being a rocket scientist or throwing junk together but about establishing clear objectives and aligning strategies to make those objectives a reality. Personal Branding taken a step further is about completing projects that are mission and purpose driven and align with your passion, the way you are wired and your personal brand DNA. The end results is attaching your name and your legacy to finished projects, ideas, or products that aligns, builds, and strengthens your personal brand.