WHY NOT HAVING A BRAND CAN LEAD TO ROUGH TRAVELS ON YOUR ENTREPRENEURIAL JOURNEY

Your business brand is responsible for cultivating first impressions, building recognition, growing your reputation and authority, and securing the trust and loyalty of your tribe.

Without a strong brand foundation, it can become difficult for your business to stand out from the competition and lead to rough travels on the road to woo-woo entrepreneurship.

When starting out, your resources may be limited and unfortunately, most transformational businesses end up missing some of the most important steps or altogether skipping the brand process, which is, in my book, a mistake.

Let’s talk about some of the pitfalls of not having a brand…

Having a shaky or non-existent brand

Most woo-woo entrepreneurs think they can either skip branding all together or go somewhere cheap online and get a logo and set up a quick website and they are ready to roll.

But let me ask you this...

What do you think when you are handed a self-printed or templated business card? What happens when you visit a website that looks outdated or DIY?

You risk your potential customers judging your ability to provide a solution to their problem and others defining your brand for you. So, you can either let your brand be developed through online customer reviews or you can take control and drive your business or personal brand yourself.

Being inconsistent

When you don’t start off with a brand, it makes it hard to be consistent with your business and online marketing. You won’t have a foundation to refer to and therefore you’ll appear haphazard or even unprofessional.

One of the most important factors for business success is consistency across every marketing channel: your print materials, your website, your email and social media marketing, your social media image and posts, and your blog articles.

By being consistent and conscious with your brand, your customers can become more familiar with you and therefore you can slowly establish recognition and trust with your tribe.

Having a copycat brand

When developing a new business, it might be tempting to look at others for inspiration, including competitors and woo woo entrepreneurs you admire. But in doing so, you take a chance of looking and sounding just like them.

Differentiation is the key to a profitability and sustainability. When potential customers see brands as interchangeable, they make purchase decisions based primarily on price.

That means lower profits for you and a more difficult time charging what your services are actually worth.

By determining what makes you different, you are able to stand out from your competition and charge those premium prices because I know you put a lot of time, energy, and love into everything you do.

Forgetting the message

It’s easy to think branding is all about the visual elements such as the business name, logo, tagline, and color palette. When it comes to your website, you might have the look down, but a lot of woo-woo entrepreneurs make the mistake of either sounding like their competition, being all over the place with their message, or worst yet, they provide too much information.

However, without a strong, clear, and concise brand message, you run the risk of your tribe not being able to determine why they should choose you over your competition.

Not identifying a target audience

Many woo-woo entrepreneurs start out thinking it’s better to cater to everyone. What a better way to connect with many and get more business, right? Wrong! When you try to communicate to everyone, you end up with a message that resonates to no one.

Determining a target market (aka your tribe) helps you hone your message and tailor it to those you really want to work with and attract. The goal is to make it easy for your potential clients to determine if you are the right fit. This saves you both a lot of time, energy, and trouble.

Not narrowing the focus

Chances are, if you’re really good at something, you’re also probably pretty good at other things too. Most woo-woo entrepreneurs know A LOT of stuff and have a lot of certifications. Many think it is a good idea to sprinkle all sorts of services into their offerings. I’m sure you’ve seen them. The ones that have a website full of a multitude of services.

So, what happens when you visit a website like that? I can’t speak for everyone, but personally I get lost rather quickly in the sea of qualifications and services. After I start to glaze over, I typically leave the site and go back to search for another specialist that’s got a clear service page and an easy way to work with them.

When you specialize, it helps you stand out and be remembered. Not only does that help you to be seen as an expert in your field, it also assists with word of mouth referrals. The more you specialize and are seen as the go-to expert in your market, the easier it is to charge premium prices for your valuable transformational services.

It also gets you more in alignment with your business goals. Know what happens when you're in alignment? Things just happen!

Still concerned that narrowing your focus is going to hurt your chances? Maybe this will help...

Your tribe is busy and self-involved, and they’re not looking to spend lots of time figuring out what specific aspect of you is relatable and interesting to them. If they don’t believe that you can help them or they can’t figure out why to hire you over the competition, they won’t hire you.

In conclusion, a successful business launch requires more than just a minimum effort. Just like coming up with your business idea, name, and services; investing in your brand foundation takes a good amount of time, thought, and preparation. It might cost money you don’t have readily available or think you should spend on something else, but in the long run, you’ll have much smoother travels if you begin with your brand foundation.

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