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	<title>Ed&#039;s Blog&#187; small company growth</title>
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	<link>http://babygorillas.com</link>
	<description>Ed McLaughlin</description>
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		<title>Loyalty Isn’t a Program</title>
		<link>http://babygorillas.com/loyalty-isnt-a-program</link>
		<comments>http://babygorillas.com/loyalty-isnt-a-program#comments</comments>
		<pubDate>Tue, 10 Aug 2010 03:58:33 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[business growth]]></category>
		<category><![CDATA[customer loyalty]]></category>
		<category><![CDATA[customer satisfaction]]></category>
		<category><![CDATA[customer service]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small company growth]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=1119</guid>
		<description><![CDATA[I went into the bookstore of a major chain the other day. As I was checking out, the clerk asked, “Are you a member of our loyalty rewards program?” “No…” I smiled, wondering if she would persist. “Would you like to become one?” “Not really.” Then, of course, I got curious. “How many people say [...]]]></description>
			<content:encoded><![CDATA[<p>I went into the bookstore of a major chain the other day. As I was checking out, the clerk asked, “Are you a member of our loyalty rewards program?”</p>
<p>“No…” I smiled, wondering if she would persist.</p>
<p>“Would you like to become one?”</p>
<p>“Not really.” Then, of course, I got curious. “How many people say yes?”</p>
<p>“Almost no one,” she said. “But I’m supposed to ask.”</p>
<p>No surprise there. Loyalty programs, once something of a novelty, don&#8217;t actually work. Consumers are smart enough to know that they’ll wind up with too much SPAM and a weekly newsletter they don’t want to read. Yet companies love to push them.</p>
<p>Here&#8217;s the tip: real customer loyalty has nothing to do with a program. If the experience or product is great (think The Apple Store), then we’re in. That’s it – no discounts, freebies or plastic cards necessary.</p>
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		<title>Going, going…</title>
		<link>http://babygorillas.com/going-going</link>
		<comments>http://babygorillas.com/going-going#comments</comments>
		<pubDate>Wed, 21 Jul 2010 02:16:37 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[baseball]]></category>
		<category><![CDATA[business development]]></category>
		<category><![CDATA[business growth]]></category>
		<category><![CDATA[business plans]]></category>
		<category><![CDATA[home run]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small company growth]]></category>
		<category><![CDATA[sports]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=1042</guid>
		<description><![CDATA[Gone! A grand slam! My son’s first baseball game was more exciting than expected. After spending the first four innings watching a back-and-forth struggle, one of his favorite players hit a grand slam – the giant home run that changes the outcome of a game. Not surprisingly, the media coverage that evening focused almost exclusively [...]]]></description>
			<content:encoded><![CDATA[<p><strong>Gone! </strong><em><strong>A grand slam!</strong></em></p>
<p>My son’s first baseball game was more exciting than expected. After spending the first four innings watching a back-and-forth struggle, one of his favorite players hit a grand slam – the giant home run that changes the outcome of a game.</p>
<p>Not surprisingly, the media coverage that evening focused almost exclusively on this particular moment in the game. Apparently, the little things that occurred earlier in the contest weren&#8217;t as fun to talk about.</p>
<p>But sports teams that rely on the home run cannot win over the long term. Neither can entrepreneurs and business owners.</p>
<p>That sure hasn’t stopped them from trying. Companies love to develop business plans that are little more than a series of attempted home runs. And while occasionally someone hits one, this approach doesn&#8217;t lead to sustainable growth.</p>
<p>A better strategy is to concentrate on hitting singles. It may be less exciting, but think about it this way: if you try for home runs and miss, you&#8217;ve accomplished nothing. Modest wins, on the other hand, mean that you&#8217;re always growing. And over time, steady growth will transform even the smallest of firms into a powerhouse.</p>
<p>Which is a lot better than the occasional big inning.</p>
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		<title>Less is More</title>
		<link>http://babygorillas.com/less-is-more</link>
		<comments>http://babygorillas.com/less-is-more#comments</comments>
		<pubDate>Thu, 18 Feb 2010 21:36:34 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[business growth]]></category>
		<category><![CDATA[networking]]></category>
		<category><![CDATA[small company growth]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=883</guid>
		<description><![CDATA[Thanks to the Internet, the world has gotten smaller. It’s now possible to connect with people all over the world in a meaningful way. While I agree that it matters who you know, that doesn’t mean the goal should be to have thousands of online friends. Quantity alone doesn’t mean that you’re truly connected. Here’s [...]]]></description>
			<content:encoded><![CDATA[<p>Thanks to the Internet, the world has gotten smaller. It’s now possible to connect with people all over the world in a meaningful way.</p>
<p>While I agree that it matters who you know, that doesn’t mean the goal should be to have thousands of online friends. Quantity alone doesn’t mean that you’re truly connected.</p>
<p>Here’s a thought: make your network <em>smaller</em>. Then take that network and focus on making it<em> tighter</em>. Do this by reaching out to people more frequently (about them, not you) and connecting them to others.</p>
<p>This approach takes time, but it’s the best way I know to build a real network.</p>
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		<title>Naive and Positive</title>
		<link>http://babygorillas.com/naive-and-positive</link>
		<comments>http://babygorillas.com/naive-and-positive#comments</comments>
		<pubDate>Wed, 05 Aug 2009 21:51:03 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[entrepreneur]]></category>
		<category><![CDATA[leadership]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small company growth]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=448</guid>
		<description><![CDATA[Entrepreneurs regularly approach me with business ideas. Too often their plans, while filled with energy and enthusiasm, have little substance. Wishful thinking without a map. Like most entrepreneurs, I believe in thinking big. But there is a difference between a naïve entrepreneur and one that is relentlessly positive for the right reasons. Positive has a [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://babygorillas.com/wp-content/uploads/2009/08/thinkingpositive111.jpg"></a><a href="http://babygorillas.com/wp-content/uploads/2009/08/thinkingpositive111.jpg"><img class="alignleft size-thumbnail wp-image-444" title="thinkingpositive" src="http://babygorillas.com/wp-content/uploads/2009/08/thinkingpositive-150x150.jpg" alt="" width="150" height="150" /></a>Entrepreneurs regularly approach me with business ideas. Too often their plans, while filled with energy and enthusiasm, have little substance. Wishful thinking without a map.</p>
<p>Like most entrepreneurs, I believe in thinking big. But there is a difference between a naïve entrepreneur and one that is relentlessly positive for the right reasons. Positive has a well-thought out plan. Positive knows when to tweak that plan in order to deal with inevitable setbacks. Positive balances wishful thinking with reality. </p>
<p>Naïve doesn&#8217;t. Naïve uses optimism to mask reality. And optimism is not enough to achieve the impossible.   </p>
<p>If you&#8217;re a goal-oriented person and regularly push your limits, no doubt that you regularly run into obstacles. When you do, make sure that you know the difference between Naïve and Positive. </p>
<p>One often leads to very unexpected outcomes.</p>
]]></content:encoded>
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		<title>Paul vs. Brad</title>
		<link>http://babygorillas.com/paul-vs-brad</link>
		<comments>http://babygorillas.com/paul-vs-brad#comments</comments>
		<pubDate>Fri, 31 Jul 2009 03:16:58 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small company growth]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=401</guid>
		<description><![CDATA[Paul Giamatti is one of the great leading men in Hollywood. And while he doesn&#8217;t look like the person we generally think of as a movie star, that doesn&#8217;t change the fact that he is one. Brad Pitt, on the other hand, looks like a leading man. Every budding star wants to be just like [...]]]></description>
			<content:encoded><![CDATA[<p><a href="http://babygorillas.com/wp-content/uploads/2009/07/giamatti-paul111.jpg"><img class="size-thumbnail wp-image-403 alignleft" title="Paul Giamatti" src="http://babygorillas.com/wp-content/uploads/2009/07/giamatti-paul-150x150.jpg" alt="" width="123" height="123" /></a>Paul Giamatti is one of the great leading men in Hollywood. And while he doesn&#8217;t look like the person we generally think of as a movie star, that doesn&#8217;t change the fact that he is one.</p>
<p>Brad Pitt, on the other hand, looks like a leading man. Every budding star wants to be just like him. That way they&#8217;ll get the parts written for Brad Pitt. Very few come to Hollywood looking for Paul Giamatti roles.</p>
<p>Actors are reluctant to pursue a niche.</p>
<p>This sounds a lot like any other business. While many companies go after the Brad Pitt markets, smart firms chase the niche. Here&#8217;s the thing &#8211; with so many pursuing the obvious markets, there are a lot more opportunities for others to dominate the less obvious ones.</p>
<p>I&#8217;d bet on Paul Giamatti every single time.</p>
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		<title>Foolproof</title>
		<link>http://babygorillas.com/foolproof</link>
		<comments>http://babygorillas.com/foolproof#comments</comments>
		<pubDate>Tue, 28 Jul 2009 18:09:59 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[marketing]]></category>
		<category><![CDATA[small company growth]]></category>
		<category><![CDATA[strategy]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=388</guid>
		<description><![CDATA[Everyone wants the foolproof formula. Something that&#8217;s been done before. Proven to work.  That&#8217;s ridiculous.  Great success stories usually begin with &#8220;no one thought it would work.&#8221; They never start with &#8220;they copied something that&#8217;s been done before.&#8221; If that were true, weekend karaoke singers who could carry a tune would make it big.        It&#8217;s [...]]]></description>
			<content:encoded><![CDATA[<p>Everyone wants the foolproof formula. Something that&#8217;s been done before. Proven to work. </p>
<p>That&#8217;s ridiculous. </p>
<p>Great success stories usually begin with &#8220;no one thought it would work.&#8221; They never start with &#8220;they copied something that&#8217;s been done before.&#8221; If that were true, weekend karaoke singers who could carry a tune would make it big.       </p>
<p>It&#8217;s not enough to imitate what&#8217;s already been done. Not anymore. The world changes too fast for that to work.   </p>
<p>Why then, do so many people push old ideas and tactics that are largely ineffective? <em>They&#8217;re familiar with them.</em> And the more familiar you are with something, the less risky it seems.  </p>
<p>It doesn&#8217;t matter if you&#8217;re writing a book or building a sales team &#8211; you shouldn&#8217;t strive to do it the same way it&#8217;s been done before. Which means you&#8217;ll need to stay away from publishers that are looking for the next Harry Potter. Or you&#8217;ll have to persuade your manager that direct mail, cold calling, and banner ads will not lead to meaningful sales growth. </p>
<p>Looking for foolproof? Don&#8217;t bother. The best path to success is to create your own.</p>
]]></content:encoded>
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		<title>The Right Choice</title>
		<link>http://babygorillas.com/the_right_choice</link>
		<comments>http://babygorillas.com/the_right_choice#comments</comments>
		<pubDate>Sat, 25 Jul 2009 20:37:06 +0000</pubDate>
		<dc:creator>Ed McLaughlin</dc:creator>
				<category><![CDATA[Blog Posts]]></category>
		<category><![CDATA[business]]></category>
		<category><![CDATA[career]]></category>
		<category><![CDATA[job growth]]></category>
		<category><![CDATA[small company growth]]></category>

		<guid isPermaLink="false">http://babygorillas.com/?p=302</guid>
		<description><![CDATA[I&#8217;ve been thinking about the job market a lot lately. No surprise there &#8211; in this economy, that&#8217;s unavoidable. But something else has been troubling me. The employment trends will eventually improve. That much I&#8217;m sure about. But I&#8217;m not as certain that the expectations of employees will change as well. From what I&#8217;ve seen [...]]]></description>
			<content:encoded><![CDATA[<p><img class="alignleft size-thumbnail wp-image-366" title="Job Security is a Choice" src="http://babygorillas.com/wp-content/uploads/2009/07/choice-150x150.jpg" alt="Job Security is a Choice" width="135" height="135" />I&#8217;ve been thinking about the job market a lot lately. No surprise there &#8211; in this economy, that&#8217;s unavoidable.</p>
<p>But something else has been troubling me.</p>
<p class="MsoNormal"><span>The employment trends will eventually improve. That much I&#8217;m sure about. But I&#8217;m not as certain that the expectations of employees will change as well. From what I&#8217;ve seen so far, I think that&#8217;s unlikely.</span></p>
<p class="MsoNormal"><span>When I talk with job seekers (passive or active), one theme is nearly always a constant &#8211; job security. For some reason, people are hoping that someone else (the company) will take responsibility for their future. Even worse, many think that they&#8217;ll be able to find this safety with a large organization.</span></p>
<p class="MsoNormal"><span>I assure you that will <strong>not</strong></span><span> happen.</span></p>
<p class="MsoNormal"><span>Think about it – large companies are no longer the backbone of our economy. Stability can’t exist within an organization that will eliminate jobs to make a quarterly number. It can’t exist when a company is </span><a href="http://www.mci.com" target="_blank">bought or sold</a><span>, or when it fails to recognize a change in the market and fails. So if you<span> work for a big firm, job security doesn’t exist.</span></span></p>
<p class="MsoNormal"><span><span>The good news is that when the economy turns, small companies will lead most (if not all) of the growth in new jobs. Large companies won&#8217;t. Guaranteed.</span></span></p>
<p class="MsoNormal"><span><span>Want even better news? A lot of the jobs at small companies are more interesting and have a greater impact on the lives of others (including yours). Oh, and stability, you ask? Yep, that too.</span></span></p>
<p class="MsoNormal">Which direction you choose is up to you. But seems to me the safer bet is pretty obvious.</p>
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