Let’s face it, our economy here in the U.S. is in trouble. As a nation, and as individuals, we’ve out-spent our means and overextended our lives while saving less than ever before in history. And after decades of being inflated, it appears our economy is entering a readjustment period. This isn’t, necessarily, a bad thing. Yes, people will lose jobs, companies will go under and house will foreclose.

Yet if you run a small, independent business, the economy has far less impact on your business than you think. So you’re likely not facing the doomsday that’s being talked about with every newscast and editorial.

Unless you believe you are. But remember, as a service provider, you have much more opportunity in these times than corporations do.

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How do you define success in your business? It’s a question I ask every client – and most of the prospects I ever speak with.

The interesting thing for me is how often the people I speak with don’t have a specific answer. Sure, we can come up with just about anything on the fly. Yet it’s not difficult to tell the difference between established, well-thought-through business goals and those that we sort of find when we need to talk about such things.

Having a way to measure the success of your business, however, is one of the most vital parts of running a business.

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Imagine if you developed subdivisions and built houses for a living. What would it be like if you built a bunch of beautiful homes complete with garages and drives, but didn’t build the streets that connect them? How could you possibly sell all your homes and develop a thriving community if people couldn’t get in and out of their homes?

Sounds sort of crazy, huh? No one in their right mind would ever conceive building a neighborhood or developing a community that wasn’t linked with ways to get in and out. In essence, without houses being connected by sidewalks and streets, there would be no community all – just a bunch of unreachable, free-standing (and empty) homes.

Well, if your website isn’t developing a community around it, then you’re not thinking too differently than the subdivision developer who doesn’t build streets. And if you’re not building community around your website, then it’s likely your business is suffering online.

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Poke around the web and you’ll find numerous opinions on why, as a small business owner, you should be blogging.

Some say you should blog to increase your reach. Blogs can certainly help you reach a larger audience faster, and often cheaper, than your usual website. Toss in social media and you can gain a large following quickly. So it’s gotta be reach, right?

It could be. But increasing the reach of your website doesn’t mean you’ll land more clients or get more customers. The blogosphere is full of bloggers who have tons of traffic and are making pennies.

Another oft-quoted reason for blogging is search engine optimization. And it’s true, there are some pretty major SEO benefits to blogging. Blog posts tend to be more keyword centric since often they’re on a specific topic. Then there’s the backlinking opportunities that can come with a well-written blog post. So it’s gotta be the SEO factor, doesn’t it?

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Want To Increase Sales? There’s almost limitless methods for doing so. And all those methods boil down to one thing:

Be in front of your audience when they need you.

That’s it. That’s the key to increasing your sales. Think about it, when you’re at a restaurant, do you care with the bathroom is? Not til you need it, right? Or an ATM. You likely pass dozens of them every day and don’t notice them, right? But what happens when you’re out of cash? Every ATM comes into focus. What’s more, you might scurry to find one.

So many small business owners don’t consider this when they market their business. They work hard on their vision and business plan. Then they focus on their offer and how best to communicate that offer to a target market. Ideally, they’re wanting to position themselves as an expert in a select niche market.

But no one cares that you’re an expert until they need an expert. In other words, no one cares that you can solve a set a problems until they are faced with those set of problems. Then, they go out and look for a solution.

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How do you market your business?

Many small business owners focus on creating the best products and services based on their skills, knowledge and abilities. Then they go out and find people who need or want what they have to offer. Sometimes it works and you build a successful business around it.

But more often, especially, it seems, with small business owners in either service-based business or who are just starting out, it doesn’t work. They create services, for instance, that they would want or that they believe other people would need. They build some structure around their ideas, create a marketing message, build a website and off they go – feeling like they’re going to change the world.

Then reality sets in. Few people visit their website. Fewer, yet, contact them about their offerings. If they don’t get discouraged and give up, they often go looking for either a business coach, or take courses in marketing and copy writing. In turn they get sold the idea that if they were just clearer in their marketing message, people would flock to their business.

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The internet is almost magical. 

Think about it…you put up a few pages of text on a website and you have the potential for a business. People can view your site, read your copy and decide if they want to work with you. And blogs make it even more magical. You can easily write more content and your visitors can engage you and create conversation – increasing the possibilities that they might work with you.

Yet while the internet is magical, for many it provides false hope. So many business owners and service providers believe that simply having a website or blog alone will generate more clients. Nothing could be farther from the truth.

Launching a blog or website – on its own – may not change your business at all.

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Most of the the small business owners I work focus an abundant of time on their marketing. They put tons of effort into crafting their marketing message, polishing their marketing funnel and fine-tuning how they generate leads. And often, they do so before any of this produces new clients.

Marketing your business is a really good idea, don’t get me wrong. However you choose to do it, marketing is a vital part of your business. As a matter of fact, marketing your services is something I teach my clients to do more effectively every day.

Yet I find that there’s a hole in the thinking that “all you need to do is effectively market your business.”

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Susan is a life coach. She’s been working with clients ever since she received her certification. First with a few friends and later with the referrals her friends sent her. Of course one of those referrals taught her about marketing and helped her get a website up. Everything seemed to be going great.

Now, three years later, she’s struggling to get enough clients. She seems to get just enough clients to keep afloat. However she’s not fully replaced what she made at her day job.

Yet, she’s self-employed. She runs her own business. Or does she?

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Yesterday I had an interesting, but short, conversation on Twitter where I said, “The key to a successful small business – find a highly specific, targeted niche and dominate it!” And I meant every word.

I work with business owners all the time who aren’t sure about what they want, what they’re doing or where they’re going. Nothing wrong with that at all. After all, unless your expertise is in small business development or marketing, there’s little reason to think you’d have a solid understanding of how to structure and grow a business.

Yet one thing that thatseems to set successful small business owners apart from those who aren’t is their mindset.

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