Nancy Dube                   Michelle Fontaine
 Dube Consulting                         FBSmarty
     S.W.O.T. Social Media Bootcamp, Sept 7, 2012
Visit http://swotsocialmediabootcamp.eventbrite.com/
• From an Entrepreneur’s
  Perspective
• Organize your Thoughts
• Channel your Focus and Energy


          FBSmarty ~ Michelle Fontaine
              www.fbsmarty.com
Entrepreneurial S.W.O.T.
            Internal Factors (Strengths
                 and Weaknesses)

Do you?             Yes? Then it is a Strength               No? Then it is a Weakness

Embrace Technology Learn (Take Classes, Attend               Out-Source to a qualified
when appropriate   Seminars, Read) .                         consultant for initial strategy and
to your business?                                            implementation.
                   Practice (Implement).
                                                             Participate - Be involved with
                    Utilize a social media                   interacting, posting… only you
                    manager or consultant as                 can be you!
                    necessary.

                              FBSmarty ~ Michelle Fontaine
                                  www.fbsmarty.com
Strengths and Weaknesses
Are you…        Yes, then it is a Strength                 No, then it is a Weakness

A Natural       Try different networking       Contact organizer of networking
networker?      groups, go often.              groups, introduce yourself, ask
                                               for a mentor or introductions.
                Offer yourself as a speaker to Seek out ambassadors. Go with
A Good          the group.                     the friend than introduced you.
communicator?
                Develop friendships with                   Prepare and practice your
                synergistic people.                        ‘Elevator Speech’.

                Join Social Network Groups ,               Join on-line Social Network
                interact regularly, as a                   Groups, read regularly – interact
                listener to learn and as a                 when your expertise will be a
                contributor to give back.                  value-added to the conversation.

                            FBSmarty ~ Michelle Fontaine
                                www.fbsmarty.com
Strengths and Weaknesses
Are you…            Yes, then it is a Strength                 No, then it is a Weakness

An Expert in your   Confident and expert in your               Become an expert in your niche.
niche?              specialty.
                                                               Immerse yourself in industry
                    Be a speaker.                              publications and events.

                    Be a blogger.




                                FBSmarty ~ Michelle Fontaine
                                    www.fbsmarty.com
Strengths and Weaknesses
Are you…       Yes, then it is a Strength                 No, then it is a Weakness

Good at Time   Good for you! Go forth!                    Social Media can be a huge time-
Management?                                               sucker. Learn the most efficient
                                                          strategies, learn from experts in
                                                          that field.

                                                          Be disciplined - where do
                                                          business needs end and personal
                                                          desires begins




                           FBSmarty ~ Michelle Fontaine
                               www.fbsmarty.com
Strengths and Weaknesses
Do you have…       Yes, then it can be a Strength            No, then it is a Weakness

Broad Skill Sets   It’s a money saver to have                It’s hard to manage and brand
(Graphics, Web,    the skills to brand yourself              your company correctly when
Computer,          but it can also divert needed             budget is tight.
bookkeeping)       time from your main focus.
                                                             Try bartering or learning some of
                   As the business grows,                    the skills.
                   decisions should be made as
                   to when outsourcing makes                 Prioritize what you need and
                   sense.                                    plan to outsource.

                   Remember your strengths
                   and focus on them.



                              FBSmarty ~ Michelle Fontaine
                                  www.fbsmarty.com
Strengths and Weaknesses
Are you…          Yes, then it can be a Strength            No, then it is a Weakness

Analytical?       You’ll have a handle on your              Knowing your efforts are working
                  business but you can get                  by measuring basic data is
                  overwhelmed with the                      important.
                  amount of data you can
                  analyze in this data-rich                 Develop a routine to export data
                  world.                                    and study key points… or out-
                                                            source that task.
                  People skills are very
                  important in the social media
                  and networking world so
                  balance is important.

                  Managing your own books is
                  easier and satisfying.
                             FBSmarty ~ Michelle Fontaine
                                 www.fbsmarty.com
Entrepreneurial S.W.O.T.
Are you…               Yes, then it can be a Strength            No, then it is a Weakness

A Writer? Do you       Start a blog that resides                 IMHO, this is a big weakness as
understand the         inside (or is) your website               we all need on-line visibility.
importance of          and has your business
writing to improve     domain name.                              Start writing. If you absolutely
SEO and enhance                                                  can’t or don’t want to, find a
your on-line           Write blog posts consistently             writer to contribute to your blog.
business visibility?   about your expertise and
                       industry.                                 Create short posts for Facebook
                                                                 and feed them to Twitter. Post to
                       Promote through all                       LinkedIn. Interact in Groups.
                       appropriate channels using
                       latest proven strategies.



                                  FBSmarty ~ Michelle Fontaine
                                      www.fbsmarty.com
Entrepreneurial S.W.O.T.
              External Factors
   Little Control – but Awareness is Key
Opportunity                                                    Threats
New Social Networks.                                           New Social Networks.

Changes in current social   From an                            Changes in current social
networks.                   Entrepreneur’s                     networks.
                            Perspective.
Economy                                                        Economy, Taxes, Costs.
                            Little Control but
Collaborations, moving      awareness helps in                 A new competitor in your home
into new market             decision-making.                   market.
segments.
                                                               Price wars with competitors.
A market vacated by an
ineffective competitor.                                        A competitor has a new,
                                                               innovative product or service.

                                FBSmarty ~ Michelle Fontaine
                                    www.fbsmarty.com
S.W.O.T. Social Media Bootcamp
• Gain a Competitive Advantage
    –   Learn how to measure your competition's effectiveness.
    –   Who are your competitors?
    –   Who should you follow and benchmark against?
    –   What is your competition doing well? Doing poorly?
    –   How can you position your business to strive forward?
• Grow your Lead Generation
    –   Gain 'sticky' followers by learning strategies to convert clients to customers
    –   How many touchpoints do you need today to gain a customer?
    –   What is last-measurement and why is it not realistic?
    –   How to effectively create a landing page.
• Target your Local Audience
    –   Learn how to locally target your marketing and nurture relationships.
    –   What is your local target audience?
    –   "Build it and they come" – True?
    –   How can you combine physical and virtual business for optimal success?

                                   FBSmarty ~ Michelle Fontaine
                                       www.fbsmarty.com
S.W.O.T. Social Media Bootcamp
• Join two experienced Social Media Gurus for
  an all-day bootcamp focused on Social Media
  and S.W.O.T.
• Michelle Fontaine and Nancy Dube
• Friday, September 7, 2012 in Auburn, MA
• Details and Register at
  http://swotsocialmediabootcamp.eventbrite.c
  om/ or www.fbsmarty.com
                 FBSmarty ~ Michelle Fontaine
                     www.fbsmarty.com

S.W.O.T. Analysis for Entrepreneurs

  • 1.
    Nancy Dube Michelle Fontaine Dube Consulting FBSmarty S.W.O.T. Social Media Bootcamp, Sept 7, 2012 Visit http://swotsocialmediabootcamp.eventbrite.com/
  • 2.
    • From anEntrepreneur’s Perspective • Organize your Thoughts • Channel your Focus and Energy FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 3.
    Entrepreneurial S.W.O.T. Internal Factors (Strengths and Weaknesses) Do you? Yes? Then it is a Strength No? Then it is a Weakness Embrace Technology Learn (Take Classes, Attend Out-Source to a qualified when appropriate Seminars, Read) . consultant for initial strategy and to your business? implementation. Practice (Implement). Participate - Be involved with Utilize a social media interacting, posting… only you manager or consultant as can be you! necessary. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 4.
    Strengths and Weaknesses Areyou… Yes, then it is a Strength No, then it is a Weakness A Natural Try different networking Contact organizer of networking networker? groups, go often. groups, introduce yourself, ask for a mentor or introductions. Offer yourself as a speaker to Seek out ambassadors. Go with A Good the group. the friend than introduced you. communicator? Develop friendships with Prepare and practice your synergistic people. ‘Elevator Speech’. Join Social Network Groups , Join on-line Social Network interact regularly, as a Groups, read regularly – interact listener to learn and as a when your expertise will be a contributor to give back. value-added to the conversation. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 5.
    Strengths and Weaknesses Areyou… Yes, then it is a Strength No, then it is a Weakness An Expert in your Confident and expert in your Become an expert in your niche. niche? specialty. Immerse yourself in industry Be a speaker. publications and events. Be a blogger. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 6.
    Strengths and Weaknesses Areyou… Yes, then it is a Strength No, then it is a Weakness Good at Time Good for you! Go forth! Social Media can be a huge time- Management? sucker. Learn the most efficient strategies, learn from experts in that field. Be disciplined - where do business needs end and personal desires begins FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 7.
    Strengths and Weaknesses Doyou have… Yes, then it can be a Strength No, then it is a Weakness Broad Skill Sets It’s a money saver to have It’s hard to manage and brand (Graphics, Web, the skills to brand yourself your company correctly when Computer, but it can also divert needed budget is tight. bookkeeping) time from your main focus. Try bartering or learning some of As the business grows, the skills. decisions should be made as to when outsourcing makes Prioritize what you need and sense. plan to outsource. Remember your strengths and focus on them. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 8.
    Strengths and Weaknesses Areyou… Yes, then it can be a Strength No, then it is a Weakness Analytical? You’ll have a handle on your Knowing your efforts are working business but you can get by measuring basic data is overwhelmed with the important. amount of data you can analyze in this data-rich Develop a routine to export data world. and study key points… or out- source that task. People skills are very important in the social media and networking world so balance is important. Managing your own books is easier and satisfying. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 9.
    Entrepreneurial S.W.O.T. Are you… Yes, then it can be a Strength No, then it is a Weakness A Writer? Do you Start a blog that resides IMHO, this is a big weakness as understand the inside (or is) your website we all need on-line visibility. importance of and has your business writing to improve domain name. Start writing. If you absolutely SEO and enhance can’t or don’t want to, find a your on-line Write blog posts consistently writer to contribute to your blog. business visibility? about your expertise and industry. Create short posts for Facebook and feed them to Twitter. Post to Promote through all LinkedIn. Interact in Groups. appropriate channels using latest proven strategies. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 10.
    Entrepreneurial S.W.O.T. External Factors Little Control – but Awareness is Key Opportunity Threats New Social Networks. New Social Networks. Changes in current social From an Changes in current social networks. Entrepreneur’s networks. Perspective. Economy Economy, Taxes, Costs. Little Control but Collaborations, moving awareness helps in A new competitor in your home into new market decision-making. market. segments. Price wars with competitors. A market vacated by an ineffective competitor. A competitor has a new, innovative product or service. FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 11.
    S.W.O.T. Social MediaBootcamp • Gain a Competitive Advantage – Learn how to measure your competition's effectiveness. – Who are your competitors? – Who should you follow and benchmark against? – What is your competition doing well? Doing poorly? – How can you position your business to strive forward? • Grow your Lead Generation – Gain 'sticky' followers by learning strategies to convert clients to customers – How many touchpoints do you need today to gain a customer? – What is last-measurement and why is it not realistic? – How to effectively create a landing page. • Target your Local Audience – Learn how to locally target your marketing and nurture relationships. – What is your local target audience? – "Build it and they come" – True? – How can you combine physical and virtual business for optimal success? FBSmarty ~ Michelle Fontaine www.fbsmarty.com
  • 12.
    S.W.O.T. Social MediaBootcamp • Join two experienced Social Media Gurus for an all-day bootcamp focused on Social Media and S.W.O.T. • Michelle Fontaine and Nancy Dube • Friday, September 7, 2012 in Auburn, MA • Details and Register at http://swotsocialmediabootcamp.eventbrite.c om/ or www.fbsmarty.com FBSmarty ~ Michelle Fontaine www.fbsmarty.com