Category: Business

5 Critical Lessons in Mergers and Acquisitions From the Apple-Beats Deal

Kelli Richards March 12, 2015

Mergers and acquisitions are notoriously complicated, clumsy, and fraught with bad feelings when they’re not executed carefully and strategically. Often, leaders fail to communicate, which derails productivity and leaves employees worried about their jobs. Companies also tend to struggle to manage customer integration, branding, and media relations during the transition.

Last year, Apple shocked the world when it acquired Beats Music and Beats Electronics for $3 billion. Along with the fanfare that accompanies any Apple announcement, analysts were scratching their heads as to why Apple would buy Beats–a company that’s been criticized for producing flashy headphones with subpar sound that could conflict with the sleek, functional Apple brand.

But Tim Cook and his team knew what they were doing, and the acquisition has progressed relatively smoothly–though the integration and results have come about a bit more slowly than anticipated.

Here are a few lessons you can learn from this high-profile deal to make your own merger or acquisition as seamless as possible:

1. Look for the Ultimate Win-Win Scenario

When considering a business move as significant as a merger or an acquisition, look for a win-win situation. The ideal scenario is one in which both sides stand to gain significantly.

In the case of the Apple-Beats acquisition, Apple needed a music streaming service so iTunes could compete with Spotify and Google Play. Beats also brought “street cred” and the opportunity to expand the company’s existing product line. Meanwhile, Beats needed more market share.

It didn’t hurt that Apple and Jimmy Iovine have a history. Iovine stated publicly that he always felt like Beats belonged with Apple because of its “deep commitment to music fans, artists, songwriters, and the music industry.”

2. Choose the Best Structure

When building the ideal scenario, determine whether it would be better to keep the companies running as separate entities or integrate them under one umbrella. Ensure that you get input and buy-in from both sides so it doesn’t feel like one company is steamrolling the other.

Part of the reason the Apple-Beats acquisition has been so straightforward is that Beats effectively shut down and has been fully integrated into iTunes. To accomplish this, both companies needed to work together to place the best Beats employees in key roles at Apple.

3. Get All Leaders Involved

For a change as important as an acquisition or a merger, senior executives in both companies should be active participants in the process. The CEO, COO, and relevant department heads all play a role. For example, the CEOs and heads of PR will want to work together to craft a unified company message and manage the media strategically and effectively.

4. Identify Roles for Key Players

One of the most difficult aspects of mergers and acquisitions is downsizing. When management roles overlap, you’ll need to restructure or consider layoffs. Leaders from both teams should put forth their top candidates and negotiate to determine who will fill specific roles. You’ll have to come to terms with the fact that some important figures may have to leave the new company with a severance package.

In the Apple-Beats deal, Apple was able to retain and integrate Beats’ crucial players into the iTunes team. Iovine and Dr. Dre now hold senior roles at Apple, and others, including Ian Rogers, Trent Reznor, and Bozoma Saint John, have stayed on following the acquisition.

5. Don’t Forget About Culture

The need to integrate two different corporate cultures is often overlooked, which has caused challenges on the other side of the financial merger and acquisition between Apple and Beats. These nuances must be considered early on. If cultural integration isn’t properly addressed, it can not only hinder morale, but it can also lead to plummeting productivity, higher turnover rates, and sabotage.

This is where a cross-functional integration team can influence the outcome. This team can evaluate the cultural differences between the two companies and tackle them directly to mitigate challenges and avoid surprises. This way, you’re not just throwing new employees into an unfamiliar environment and expecting them to know the rules, which are sometimes unspoken. This is subtle but incredibly significant.

While merging or acquiring, it’s important to remember that the integration could take longer than anticipated. The transition may not be seamless or swift, but by crafting a deal that makes strategic sense for both parties, communicating openly, and working to retain key players, you’ll be much more likely to succeed as a united force.

This article was previously published in Inc.com

To your best success,

Kelli Richards, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

PSS: Listen to an entire library of intimate discussions with industry visionaries https://bit.ly/AllAccessPodcastSeries (Priceless)

The Super Connector’s Guide to Making Powerful Business Introductions

Kelli Richards February 26, 2015

As an entrepreneur, you understand the importance of having a strong network. What many people don’t understand is that it’s not always who you know, but what you do with those connections, that matters.

Throughout my career, my extensive network in Silicon Valley has allowed me to create intros for startups seeking funding for their ventures and secure celebrities like Jerry Seinfeld for corporate events. But I haven’t done this by connecting with a bunch of random people on LinkedIn; I’ve nurtured these relationships through the power of reciprocal networking.

If you aren’t actively looking for ways to make valuable introductions for your connections, your network isn’t as strong as it could be.

Here are a few ways to make winning introductions that will lead to lucrative long-term opportunities for you and your connections.

How to Make a Powerful Business Introduction

people-network-10032685 When you start making business introductions in person, it can feel a bit awkward. But the key to a successful connection is a clear understanding of what each individual has to gain from the relationship. If your connections don’t see an advantage to meeting the people you suggest, they’ll be skeptical of your intent.

A proper business introduction immediately erases confusion among mixed groups of people. It sets the stage for respectful interactions and eases the otherwise uncomfortable first conversation.

Always introduce the person with more authority first. Adding explanatory statements after saying each person’s name will also get the conversation flowing naturally and provide context. These can be simple statements such as their job titles.

When introducing one person to a group, announce that person’s name and identifier, and introduce each group member in the order they’re sitting or standing.

Connecting people who offer complementary services is a great way to promote mutually beneficial relationships. You can also offer to let people you respect sift through your LinkedIn connections and facilitate these meetings to add value.

Tips for Navigating the Uncomfortable Email Introduction

Making introductions in person usually feels less forced than sending emails out of the blue, but it’s not always feasible to get the two people you want to connect in the same place at the same time. This is where email introductions come in.

When emailing your connections to establish an introduction, make sure you always:

Ask for permission first. Explain the value proposition for each party meeting the other, and ask if they’d feel comfortable with you making the connection.

Mention whether they’ve met before. People often forget brief meetings, and the reminder can save them some embarrassment.

Make haste slowly. Good introductions require careful preparation. Think through how both parties could benefit from each other, and spell it out in an email. Hurried, ill-planned emails can have a negative impact on these burgeoning relationships–and your reputation.

Encourage the conversation. You never want to start an email thread, only to receive no response from either party. To avoid this social disaster, urge both people in the email to arrange a time to talk in the near future.

Make action steps clear. Be straightforward in your email, and outline what the specific next steps should be.

Solid introductions always come down to adding value for other people. When you set up a long-term cycle of promoting mutual wins, you position yourself as a credible and trustworthy business connection.

Establishing a reputation for facilitating great relationships is the best way to increase your chances of success, no matter what field you’re in. And as this cycle of reciprocity continues throughout your career, the referrals, invitations, and unique experiences will start pouring in.

This article was previously published in Inc.

To your best success,

Kelli Richards, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

PSS: Listen to an entire library of intimate discussions with industry visionaries https://bit.ly/AllAccessPodcastSeries (Priceless)

Know When to Hold ‘Em, Fold ‘Em, and Walk Away in a Business Deal

Kelli Richards February 19, 2015

When you first hit the Las Vegas Strip, the flashing lights and fast pace are overwhelming. With adrenaline coursing through your veins, you’re ready to try it all. But if you’re going to win, you need to take control and work on developing your poker face.

When new opportunities come along in business, you might feel just like you did on that trip to Vegas. But if you want to make the best decisions, you can’t let the excitement get to you. If you get emotional, the logical part of your brain will shut down, and you’ll be at the mercy of other people’s agendas.

Here are four tips to help you weigh your options, stay calm, and show the other players that you’re in control:

1. Don’t reveal your hand.

The principle of least interest, a term coined by sociologist Willard Waller, states that the person who appears to have the least interest in a relationship holds all the cards when forming a business deal or partnership.

In negotiations, always keep your cards close to your chest. You’ll maintain an advantage if you don’t reveal how you feel about an opportunity right away.

2. Consider the stakes.

Avoid getting swept up in the excitement of the game. Consider the hand you’ve been dealt as a whole. Does it serve your long-term business needs? Do you have good rapport with the other party? Will you be able to maintain a productive relationship?

If all–or most–of your business goal boxes are checked, then you’ll probably want to stay at the table.

3. Don’t go all in–yet.

If it’s your turn to bet, make sure you’re confident in your hand before pushing all your chips into the pot. Before making any business decision, you should have all the information you need. Clarify the facts, gather input from advisors you trust, and straighten out any inconsistencies in the agreement.

I once signed an agreement without first showing it to my lawyer. The other party wanted to close the deal quickly, so I signed because I didn’t want to miss out on what seemed like a significant revenue opportunity. It turned out to be a move I later regretted making. I’ve learned the importance of slowing down and getting the crucial input I need before taking action, particularly when the stakes are high.

Do a gut check before diving into any big decision. The deal could look promising–and you may have a good relationship or good rapport with the other party–but you may need to wait until you get some advice from an expert or a trusted advisor. If you feel yourself being pressured one way or another, step back and give yourself some breathing room and space. Never let someone else push you into taking an action you’re uncomfortable with or one that doesn’t feel right to you for whatever reason.

4. Know when to fold.

There will be times when folding and walking away from a deal may be your wisest move. If you evaluate the opportunity in front of you and find that the terms don’t work or the other parties involved are disingenuous, disrespectful, or otherwise unwilling to compromise and work with you to create a win-win, then it may be a sign to move on to the next opportunity.

Remember: Relationships are key, but business is business. Everyone is sitting at the table to make money. While giving in to the excitement and throwing down chips may be fun, making bad bets can cost you in the long run. The only way to come out on top is to pay attention to what’s on the table, bide your time, and play smart.

This article was previously published in Inc.

To your best success,

Kelli Richards, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

PSS: Listen to an entire library of intimate discussions with industry visionaries https://bit.ly/AllAccessPodcastSeries (Priceless)

How Writing a Book Can Advance Your Career

Kelli Richards February 12, 2015

A book can be a powerful tool for advancing your career and establishing yourself as a brand and as an industry leader.

When you think about promoting your brand, your mind leaps to speaking at industry conferences, sitting on relevant topic panels, contributing to online forums, and networking at events. But more and more professionals are also considering writing a book to boost their careers. And it makes sense: The market is ripe with literary opportunities, and the U.S. leads the way in self-published books each year, with 391,000 published in 2012.

What’s more, writing a book is a great way to establish you as a credible industry expert. You can create a brand platform for yourself, increase your market value, differentiate yourself from competitors, and discover new ways to grow your authority in your field. But before you can add the title “published author” to your resume, you need to invest some time and energy in planning, crafting, and publishing your unique message–and understanding how the publishing world really works.

The Path to Becoming a Credible Published Author

The good thing about writing a book is that anyone can do it; there’s no licensing or training required. However, there’s more to writing and publishing a book than just powering up your computer. You have to plan and research to make your book–and, subsequently, your career–a success. Here are eight steps to create an effective writing and publishing process:

Write what you know. Reflect on the topics you know best and are most passionate about. They will inspire you and make the entire writing process more fulfilling and enjoyable. As an expert in your field, it’s your experiences, insights, successes, authenticity, and–yes –failures that will set your message apart from all the others to convey authority and impact.
Find your niche. Look around to see what relevant books are being published on your topic of choice; you may notice holes that you could fill within your target niche. Don’t be discouraged if your desired topic has already been written about. You can find a unique slant or approach that will differentiate you and your ideas.
Write for your audience. Understanding what your audience wants and needs is incredibly important. Most of today’s readers are on the go, so they want to read content that gets straight to the point, solves real-world problems, and helps them learn new things quickly. Keep your topics focused, and format your book to appeal to your target audience.
Brand yourself and your ideas. Consider creating a brand platform–with the book as the anchor and you as the authority–that drives home your message and leaves the door open for building upon it in the future. For example, a strong title will not only help you sell books, but it could also potentially galvanize an entire movement (e.g., “The 4-Hour Workweek”). I’ve always chosen very catchy titles for my books that still convey what the book is about, including “Taking the Crowd to the Cloud: Social Media for the Music Industry,” “The Art of Digital Music,” and “The Magic & Moxie of Apple: An Insider’s View.”
Create a memorable presentation. Not surprisingly, the title and the back cover of a book are often the two most powerful things to consider before releasing your masterpiece to the world. They catch prospective readers’ attention and make them want to dive deeper.

I was very aware of this when designing the books, so the titles and subtitles are both catchy. In the case of “The Art of Digital Music,” the back cover was also carefully orchestrated–testimonials from credible third parties who will be recognized as relevant authorities or influencers in your field are very helpful in establishing an effective and immediate presentation and connection.

Decide on your publishing path. Traditional commercial publishing might mean multiple inquiries and months of waiting, but that route is still considered more credible for some. However, given the promotional requirements put upon the author once a book is released, more authors are self-publishing with the help of distributors like BookBaby and Smashwords.
Work with the best. Writing and promoting a book requires a lot of talent and fortitude, so work with a well-rounded team to get the best results. Ghostwriters and editors can ensure that your message and voice are polished and solid, and distributors and promoters can help you build and reach the perfect audience.
Promote, promote, promote! Promoting your book and spreading your message is vital to both your literary success and your potential opportunities. If you put as much energy into marketing and promoting your book as you do toward writing and publishing it, you will discover many new ways to expand your authority and reach. Be aware that the author is always responsible for promoting the book, whether she’s distributing it herself or working with a commercial publisher.

Creating a campaign before the book is released is critical to having a successful launch. From promoting the book’s title and release date in your email footer weeks or months before it comes out to ensuring it’s available in all relevant outlets, the process can be taxing but rewarding. By encouraging colleagues and affiliates to promote it to their audiences and considering releasing it in multiple formats, you can connect with an even wider audience.

A book can be a powerful tool for advancing your career and establishing yourself as a brand and as an industry leader. For your endeavors to be successful, you must put careful thought and energy into the planning, writing, publishing, and promotional processes. In the end, your efforts could boost your reputation and unlock innumerable opportunities for the future.

This article was previously published in Inc.com magazine

To your best success,

Kelli Richards, CEO of the All Access Group, LLC

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

PSS: Listen to an entire library of intimate discussions with industry visionaries https://bit.ly/AllAccessPodcastSeries (Priceless)

5 Ways The Cloud Can Make Your Business & Personal Life Easier

Kelli Richards February 3, 2015

How can you use the Cloud to be more productive at work, to enjoy and share music and video, and to stay in touch with family and friends? Here are 5 ways the cloud will make both your business and personal life easier:

The cloud allows you to store data remotely, rather than on your home computer, giving you easy access to your files from anywhere. This can keep you productive when you’re either in or out of the office, and also allows you to collaborate with others on documents, spreadsheets and presentations. The cloud really benefits small businesses because it allows for such great flexibility. You can access your data from anywhere, on any of your devices. Because you can update and share these documents on the go, cloud-based apps enable you to brainstorm with business colleagues as well as personal connections no matter where they are.

There are cloud services that offer easy ways to keep track of your appointments, schedule meetings, take notes and help you to organize your day. To-do lists can help ensure that daily tasks are not forgotten. This certainly ups your productivity in business, and can keep your personal schedule running smoothly. No more missed anniversaries!

You could say that web-based email was the original cloud. Instead of downloading electronic messages to your computer, cloud email lets you log in and view them from anywhere. As far as social media, when you like, retweet or pin something, and whenever you use a messaging app, you are doing it in the cloud.

For entertainment purposes, streaming music and video on demand from the cloud affords you access to millions of files, as opposed to relying on what you could store locally on a specific computer. Gone are the days of burning cd’s or placing large amounts of media on your hard drive. You can host your own files to share pictures or home movies with family and friends, no matter where they are.

Many data experts remotely recommend backing up those precious memories and important business documents and using a private cloud is a great way for individuals and businesses to securely store files. No more worrying that hard disk failure or computer theft will mean the loss of your important files. When you make use of online storage and syncing services like Dropbox, you have been involved with cloud computing. The cloud also offers a disaster recovery solution in the event of an outage.

The cloud is becoming a bigger part of our everyday lives. Use it to enhance your business and personal life, increase productivity, and to give you peace of mind when you store and back up your most important files.

Until next time,
Kelli Richards
CEO of The All Access Group, LLC

PS: Always remember that your goals are possible to achieve. Believe in yourself and your ideas. Your intuition got you this far, so trust it. Don’t ignore your own excitement. Keep the passion burning and your vision front and center at all times. It’s the perfect fuel for your dreams. Visit: https://allaccessgroup.com

5 Simple Steps to Schedule Your Week for Business and Personal Success

Kelli Richards January 26, 2015

Early in my career, I struggled with striking a balance between my work and my personal life. I quickly found that being a workaholic was a recipe for disaster, so I took steps to create a schedule that allowed me to optimize my time and energy and focus on the things that mattered most to me.

I know how easily entrepreneurs can get sucked into unhealthy work habits and schedules. After all, the climb to success is more demanding than ever. But being a one-dimensional workaholic who doesn’t have a life outside the office can take a tremendous physical and emotional toll on you. The success you achieve this way isn’t worth as much if you’re alone, unhealthy, and/or unhappy.

That’s why establishing a schedule that really works for you–that creates balance among work, life, and play–is critical to becoming a well-rounded, happy, fulfilled person and a successful businessperson.

Scheduling Your Week for Success

My typical week consists of work from 9 to 5 on Monday through Thursday and during the mornings on Friday. I reserve Friday afternoons for “think work,” like coming up with new projects or solving business problems. On evenings and weekends, I focus on myself, my interests, my friends and family, and relaxation. And if something comes up–like business travel or networking events–I have the flexibility to weave those into my routine.

This schedule works for me because it creates balance in my hectic life. I get to do the work I love while still taking care of myself. But this schedule may not be possible–or desirable–for everyone, which is why you need to work out a routine that fits your unique life.

Here are some tips for creating your own balanced schedule:

1. Identify your priorities. Make a list of what’s most important in your life–your family, friends, fitness, mental clarity, overall well-being, faith, and/or hobbies–so you can clearly see the things you need or want to work into your daily schedule.

2. Fit work into your lifestyle, not vice versa. If you often log long hours or work seven days a week, elevate the time you need for yourself and your priorities outside of work. See if you can structure a schedule to fit your work around your lifestyle instead of trying to build a life around your work schedule.

3. Set and communicate your boundaries. Once you’ve worked out a schedule, stick to your time boundaries. Avoid working during personal time or letting your personal time interfere with business as much as you can. Communicate these boundaries to the people in your life so they can help you commit to them.

4. Look for ways to conserve time. Try to eliminate activities that waste your time every week. For example, if you sit in traffic for hours during your commute, try working from home one or more days a week. Or you could schedule several infrequent appointments (such as doctor or dental visits, car maintenance, etc.) in one day to optimize your productivity.

5. Work when you’re at your best. Schedule business tasks like meetings and conference calls for days or times when you have the most energy and focus. If you get burnt out by Friday, stack your work duties earlier in the week. If you’re not a morning person, schedule important meetings for later in the day.

As an entrepreneur, attending to your work is essential for building your business. But creating a balanced life is the key to sustained success in the office and at home. Aim to structure your time so you can meet both personal and professional obligations, then establish, communicate, and maintain healthy boundaries so you can actually live the lifestyle you desire. It’s doable!

Until next time,

Kelli Richards

CEO of The All Access Group, LLC

This article was originally posted on the Inc.

PS: The right mentor should have the right CONNECTIONS to move you forward. Be sure to ask who they think they can bring to the table around advisorship, possible collaboration and even funding. Visit: https://allaccessgroup.com

COPING WITH FAILURE The Ultimate Entrepreneur Pep Talk: 4 Important Affirmations for Any Innovator

Kelli Richards January 19, 2015

You were prepared for the uncertainty that comes with entrepreneurship. You braced yourself for the long workdays–and for your first business failure. You were ready for just about everything–except the inner strength it takes to be your own biggest motivator.

Sure, it would be great to have your own personal coach wake you up every morning with breakfast in bed and a hearty “Go get ’em, tiger!” But that’s not likely to happen.

ID-100251505 — Photo Credit: freedigitalphotos

Nobody is waiting at the finish line to give you a medal for getting your business off the ground. Nobody is as invested in your idea as you are. You need to learn how to be your own coach, and it starts with giving yourself a killer pep talk (daily if necessary, then rinse and repeat).

If you’ve seen “Jessica’s Daily Affirmation,” you know how infectious personal motivation can be. Boosting your self-esteem won’t just add power to your day; it’s also likely to give your whole team a boost.

You don’t need to climb into your sink like Jessica to psych yourself up (though it obviously does help), but you do need a mantra. Here are four of my personal favorites:

1. “The journey is the reward.” As an entrepreneur, the work you love doing is often overshadowed by revenue goals and other targets you put in place to gauge success. But as one of my most trusted mentors, Alan Cohen, says, “Do not be fooled by waiting for the ending. Sometimes the middle is more important.” Rather than looking ahead and feeling dissatisfied because you aren’t where you thought you’d be (or “should” be) yet, stay present to take in the experiences around you and appreciate where you are now.

2. “Plan A is overrated.” If Plan A doesn’t work, there are 25 other letters in the alphabet. Perfectionism can motivate you, but it can also be limiting–especially in the startup world, where markets, trends, and resources are always in flux. Often, the very best idea is the second, third, or eighteenth one that you try.

3. “No naysayers allowed.” If you are passionate about your project and your intuition tells you that it could be successful, don’t pay too much attention to doubters. Instead, find the people who share your vision and will root for you and stand beside you when things get tough. These are the people who can help you by offering fresh ideas and perspectives–and a hearty dose of motivation. Good things happen when you work with people who believe in you and complement your strengths.

4. “Every failure is a step closer to success.” In business, you can often learn a lot more from your failures than your successes. You learn how to adapt, identify your strengths and weaknesses, and gain new insights into your industry.

More importantly, you learn what you’re made of. You failed, yet the sun still came up in the morning. You’re still standing. And you’re probably a little wiser for the wear. When you dust yourself off and try the next idea, you’ll be better prepared and much more likely to succeed.

Having a list of mantras that you can pull out of your toolkit in any situation will prepare you to turn challenges into successes. If all else fails, a simple “You can do it!” can give you that boost you need to keep going. Remind yourself that you’ve done it before and will do it again.

Until next time,

Kelli Richards

CEO of The All Access Group, LLC

This article was originally posted on the Inc.

5 Reasons Developing Confidence Is Critical to Your Success

Kelli Richards January 12, 2015

“This article was originally posted on the Huffington Post.”

Confidence is essential to your success and that of your business — in fact, it’s vital to everything you do in life. In my own career, confidence has been a pivotal skill and strength I’ve needed every step of the way, especially in the male-dominated tech and music industries.

ID-100259936 Operating from a confident stance is absolutely essential for women serving — or aspiring to serve — in any kind of leadership capacity. It’s a personal and professional trait that will serve you well, and it’s certainly not selfish to aim to become more confident. When you work with confidence, you’ll find that you’re more effective and efficient — and so is everyone you work with.

Yet confidence is a result, not a prerequisite or a requirement. In other words, you probably won’t have it until you’ve done something to develop it — and it builds on itself over time. This is good news: You can learn to be confident with each success.

Channel the Confidence Your Business Needs

There are plenty of benefits to being a strong, confident woman business leader. Not only are confident people listened to more deliberately and taken more seriously, but they also tend to handle business dealings more effortlessly, with greater ease and better outcomes.

Beyond that, your confidence will make both employees and clients more comfortable. It’s reassuring to deal with someone who can take a stand and make decisions. Because confidence is a psychological motivator, it keeps you going during challenging times, enabling you to take risks and try new things without second-guessing yourself.

When you’re confident, you’re more relaxed and focused; therefore, you’re able to make better decisions and act on them promptly. Speed matters in business. And second-guessing yourself often leads to hesitation, mistakes, and lost opportunities.

A confident physical presence comes across in the way you carry yourself, and it spurs improved outcomes more consistently. It’s like a visible sign of success that says, “I’m going places and I’m clear on what I want to achieve, so follow me.”

So You Weren’t Born With It

However, it’s important to keep in mind that it’s natural for confidence to ebb and flow at times. When you’re frustrated, disappointed, or coming off a failure, it’s easy to allow anxiety, fears, and negativity to creep in. They can be temporary distractions, or they can create a vicious cycle that takes you out of your game for a longer time. The goal is to avoid the doom loop entirely.

We all have the capacity to develop confidence. Just like a muscle that’s flexed and strengthened over time, it grows with each success. As you learn to believe in yourself, your confidence increases; before you know it, “confident” is your new normal. Follow these suggestions to move in the right direction and restore your confidence level when it wanes:

Start with an ounce of prevention. Find a mentor who can determine where your negative thinking stems from and identify distracting fears and anxieties as they crop up in your life. Often, a little insight and a shift in perspective from someone you trust can be the catalyst you need to alter your perception and move on.
Think before you speak — to yourself. Experts in Neuro-Linguistic Programming (NLP), the field of psychology that studies self-talk, agree: What you think of and say to yourself is extremely important. If you’re being negative in your self-talk, deliberatively flip the switch to more positive language to shift into a more confident and optimistic mode.
Channel past successes. Let memories of past successes fuel your next achievement. Think of a time when you were confident and had a successful outcome. Recall the steps that led to positive results then, and apply a similar technique now to get back on track.
Be ready for anything. Things will go wrong; that’s life. Prepare for potentially adverse circumstances by thinking ahead to what scenarios could occur in any given situation, and envision how you’ll use the strategies at your disposal to navigate them so your confidence remains intact, no matter what happens.
Keep your ego in check. Overconfidence is rare, especially among women. But it can happen, and it’s just as detrimental as a lack of confidence. When you aren’t willing to listen to other people’s input or perspectives, you’ve crossed the line from confident to arrogant. And arrogance doesn’t work in business (or personal) situations, where cooperation and support are absolutely vital.

Every step of my career path has been possible because I channeled the confidence that I needed — from navigating corporate America to starting my own business. That’s not to say that confidence was all I needed.

Certainly, without essential qualifications and experience, confidence can be misplaced. However, in addition to having the skills and experience you need, confidence is a critical — even vital — component to your success, and it can benefit you personally and professionally. Don’t leave home without it!

To your continued, highest success,

Kelli Richards,
CEO of the All Access Group, LLC

Just Because You Have 500+ Connections Doesn’t Mean Your Network Is Healthy

Kelli Richards January 5, 2015

The best way to build solid connections is to earn a reputation of being a person who adds value for others in virtually every interaction you have with them.

You may run a profitable, fast-growing startup, but without an active network of trusted and influential connections, your business probably isn’t living up to its full potential in terms of sales, profits, and growth.

Referrals and connections are the currency of the business world, and taking the time to build and nurture your network really pays off in the form of new leads, personal opportunities, and good old-fashioned social capital.

Even if you have 500+ connections on LinkedIn and a Klout score that’s through the roof, there’s really no way to know how strong your network is without actually testing it.

Here are three ways to assess your network and ensure your connections are happy and healthy:

1. Perform a network audit. To check that your network is thriving, set aside some time each month or quarter to ask yourself several key questions about the state of your community interactions and relationships:

Who’s in your circle? Ideally, you should … to read the rest of this article, please visit this article in it’s original publication space on INC. Magazine: https://www.inc.com/kelli-richards/just-because-you-have-500-connections-doesn-t-mean-your-network-is-healthy.html

To your continued, highest success,

Kelli Richards,
CEO of the All Access Group, LLC

12 Affirmations For The Struggling Entrepreneur

Kelli Richards December 29, 2014

“This article was first published in LinkedIn”

Entrepreneurs are an optimistic lot. Naysayers might say “naïve.” But they have to be. Odds are against their success, but those who do succeed will provide for their families, solve customers’ problems, and possibly change the world in a big way.The best entrepreneur, therefore, has a healthy confidence that “I’ll be the one person in a thousand who makes it big.”

ID-100171812 Still, even the most optimistic of entrepreneurs can have a bad day. Maybe the customers aren’t coming fast enough, or investors remain uninterested. Or maybe you’ve just been working for 24 hours straight and need to sleep. Whatever the reason, it’s important for entrepreneurs to get back on the positive side quickly, especially if they have employees looking to them to set the tone.

With that in mind, it’s helpful to have an arsenal of optimistic thoughts handy for those pessimistic moments.

12 Affirmations for the Entrepreneur

1. Go for it. Having something half done is worse than not having it all. Commit to doing everything you can to make it work.

2. There’s always a lag between doing something new and seeing results. Don’t be discouraged if things don’t look up right away.

3. If Plan A doesn’t work, there are 25 more letters in the alphabet.

4. Ambition is good, but don’t always live for the ending. Enjoy the process of building something from nothing, meeting customers’ needs, and providing jobs for your employees.

5. Do you need to look at the situation from a new perspective to find the solution? A coach, a friend, or a walk in the park can sometimes help you see new options.

6. When you fail, you’re one step closer to success.

7. If you’re not failing, you’re not trying hard enough or pushing yourself enough. What would you do if you had no fear? Go do that.

8. Believe in yourself and your vision. Some days, that will be all you have.

9. Related to that, trust your gut. Your instinct can be more instructive than a million books on entrepreneurship. Don’t ignore the small, nagging voice when it wants your attention.

10. Don’t rely only on yourself, though. You can’t do everything. Find a great team and do whatever is necessary to keep them close. The road to success — or failure — is more fun with people who believe and trust one another.

11. Listen to the naysayers just long enough to hear what you need to refine your business. Then, tune them out. It can be helpful to hear criticism, but you should surround yourself with people who want to help fulfill your vision.

12. Be in love with the problem more than you are with the solution. In other words, care more about solving the problem than solving it the way you think it should work. Sometimes, your first hypothesis is simply wrong, and you need to be open to trying new things.

It’s a challenge to start and run your own business. You won’t even imagine most of the obstacles you’ll face until you see them. But, success is 50 percent attitude, and if you give yourself a little pep talk when you’re struggling, you can keep your attitude in check.

Truly creating change requires a lot of work — and just the right amount of optimism.

What reminders have helped you get through the tough times as an entrepreneur? Share them in the comments. I’d love to hear your thoughts.

Until next time,

Kelli Richards, CEO of The All Access Group.

PS: Subscribe to my FREE All Access Group Newsletter https://bit.ly/AAGNewletter

The right mentor will also have the right CONNECTIONS to move any effort forward. Be sure to ask who they think they can bring to the table around advisorship, possible collaboration and even funding.

Search Resources

Topic Areas & Guests

Join our mailing list

For insights on industry trends, and for details on special projects/events. We respect your time and your privacy.

By submitting this form, you are consenting to receive marketing emails from: . You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email. Emails are serviced by Constant Contact

Category: Business

5 Critical Lessons in Mergers and Acquisitions From the Apple-Beats Deal

The Super Connector’s Guide to Making Powerful Business Introductions

Know When to Hold ‘Em, Fold ‘Em, and Walk Away in a Business Deal

How Writing a Book Can Advance Your Career

5 Simple Steps to Schedule Your Week for Business and Personal Success

COPING WITH FAILURE The Ultimate Entrepreneur Pep Talk: 4 Important Affirmations for Any Innovator

5 Reasons Developing Confidence Is Critical to Your Success

Just Because You Have 500+ Connections Doesn’t Mean Your Network Is Healthy

12 Affirmations For The Struggling Entrepreneur

12 Affirmations for the Entrepreneur

Search Resources

Topic Areas & Guests

Join our mailing list

Join our mailing list

Pages

My Commitment to You

Now is Your Time

Category: Business

12 Affirmations for the Entrepreneur

Search Resources

Topic Areas & Guests

Categories

Join our mailing list

Join our mailing list

Pages

My Commitment to You

Now is Your Time