<?xml version="1.0" encoding="UTF-8"?>
<rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>Young and Frugal &#187; ideas</title>
	<atom:link href="http://www.youngandfrugal.com/tag/ideas/feed/" rel="self" type="application/rss+xml" />
	<link>http://www.youngandfrugal.com</link>
	<description>Business and Personal Finance for Millennials</description>
	<lastBuildDate>Wed, 05 May 2010 17:11:29 +0000</lastBuildDate>
	<language>en</language>
	<sy:updatePeriod>hourly</sy:updatePeriod>
	<sy:updateFrequency>1</sy:updateFrequency>
	<generator>http://wordpress.org/?v=3.0</generator>
		<item>
		<title>Co-Brand With Your Employer</title>
		<link>http://www.youngandfrugal.com/2010/05/04/co-brand-with-your-employer/</link>
		<comments>http://www.youngandfrugal.com/2010/05/04/co-brand-with-your-employer/#comments</comments>
		<pubDate>Wed, 05 May 2010 02:02:36 +0000</pubDate>
		<dc:creator>Daniel</dc:creator>
				<category><![CDATA[Advice]]></category>
		<category><![CDATA[Corporations]]></category>
		<category><![CDATA[Gen-Y]]></category>
		<category><![CDATA[Jobs]]></category>
		<category><![CDATA[Life]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[Branding]]></category>
		<category><![CDATA[ideas]]></category>
		<category><![CDATA[Marketing]]></category>
		<category><![CDATA[Personal Branding]]></category>

		<guid isPermaLink="false">http://www.youngandfrugal.com/?p=1033</guid>
		<description><![CDATA[I work for a company that has a great brand and a cool culture, and part of that brand and culture requires that I adhere to a strict dress code of jeans (or solid color shorts), tennis shoes, a belt, a company branded hat (optional), and an embroidered polo shirt. Some people love it, some [...]


Related posts:<ol><li><a href='http://www.youngandfrugal.com/2009/11/22/the-art-of-what-not-to-post/' rel='bookmark' title='Permanent Link: The Art of What Not to Post'>The Art of What Not to Post</a></li>
<li><a href='http://www.youngandfrugal.com/2009/09/24/the-playful-entrepreneur/' rel='bookmark' title='Permanent Link: The Playful Entrepreneur'>The Playful Entrepreneur</a></li>
<li><a href='http://www.youngandfrugal.com/2010/03/24/important-yf-information-the-risk-of-the-switch/' rel='bookmark' title='Permanent Link: Important Y&#038;F Information: The Risk of the Switch'>Important Y&#038;F Information: The Risk of the Switch</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>I work for a company that has a great brand and a cool culture, and part of that brand and culture requires that I adhere to a strict dress code of jeans (or solid color shorts), tennis shoes, a belt, a company branded hat (optional), and an embroidered polo shirt. Some people love it, some hate it, but it&#8217;s our dress code and we stick to it.</p>
<p>As a result we are all extensions of the brand wherever we go. After work when we all go out to happy hour we are walking advertisements and representatives for the brand, and the way that we carry ourselves reflects back on the companies brand; if we slip up, have a few too many, or are rude it reflects back on the brand. We know that this is the case, so we all go above and beyond to act gracious when we get complimented outside of work (very frequently) or attentive and helpful if a customer has a concern. It is clear my employer views us as a physical extension of the brand.</p>
<p>This concept isn&#8217;t new, it&#8217;s proven, and works, but now is the time for companies to take it a step further.</p>
<p>It seems like everyday I read in the blogosphere about a personal brand and why you need to have a solid online identity which includes, but is definitely not limited to Facebook, Twitter, and Linked In. I always read pretty basic reasonings on why we all need a personal brand, mainly so companies can find you, you can control and own your online image, and so you can market yourself. I agree with all of these things, and I&#8217;m not here to offer any new advice on creating a personal brand; for that I recommend going to the master, <a title="Dan Schwabel, Personal Branding Blog" href="http://www.personalbrandingblog.com/" target="_blank">Dan Schwabel</a>.</p>
<p>What I am here to do is ask a question. Why don&#8217;t companies view their employees online personal brands as extensions of the companies brand?</p>
<p>Think about where you represent your company on the internet. Do you have your employer listed on Facebook or Linked In? Do you have a website that contains your resume?</p>
<p>These are primary places where we as individuals represent our employers in todays world. If you have an inappropriate photo on Facebook and your employer is listed, like it or not that photo reflects back on the company and the next time you are in a meeting with someone who has researched you, they might know about that picture of you doing body shots from your last vacation to Mexico. Yes, that is a poor example, but now let&#8217;s look at the other side; say you have a strong personal brand, you protect your online image, you blog, you tweet, you are active on Facebook and on great websites like <a title="Brazen Careerist" href="www.brazencareerist.com" target="_blank">Brazen Careerist</a>; that online presence and your following is a fantastic venue for you to be a steward for the company, instantly adding more value to the company should you choose, or be allowed, to promote your employer.</p>
<p>&#8220;That sounds great! Promote us,&#8221; your employer might say, but wait…it&#8217;s a two way street.</p>
<p><img class=" alignright" title="SC Johnson Products" src="http://media.supereco.com/media/2009/03/13/320w/johnson-products.jpg" alt="" width="250" height="188" /></p>
<p>Think of the way large conglomerates advertise their brands. Ziploc, Pledge, and OFF! are all S.C. Johnson Brands. When you look at each of those brands you know they are something different and individual, yet part of something bigger. Every time something good happens to the smaller brand, something good is happening to the bigger brand. If Ziploc has great sales, then that helps S.C. Johnson&#8217;s bottom line. On a box of Ziploc there is an S.C. Johnson logo, and on the S.C. Johnson website they feature Ziploc, even at the end of every commercial you hear &#8220;S.C. Johnson, a family company.&#8221;</p>
<p>Much like the conglomerates there is a mutually beneficial relationship online between an employee with a strong personal brand and their employer&#8217;s brand. If I put up on an &#8220;About Me&#8221; page laying out where I work and what I do in my day job with a logo and a link to the company, I can instantly help give credibility to my employer if you&#8217;ve never heard of them, and you might be more inclined to go visit the company. On the other side of the coin, if my employer has a link to me on a company page, it can instantly help give credibility to me as someone who is employed by a great company.</p>
<p>Zappos has a great start at just this, <a title="Zappos Twitter Stream" href="twitter.zappos.com" target="_blank">twitter.zappos.com</a> provides realtime streaming of their employees on twitter, but I think it should go a step further. Why not promote employees with good personal brands? Photo, website link, and twitter feed, all on the companies website. Make employees comfortable being online ambassadors for the company by encouraging it and giving them the ability to reach out on the companies behalf even if it&#8217;s not their job. It&#8217;s even in the companies interest to help employees develop a personal brand online.</p>
<p>The best way to increase brand awareness online is being represented, and if you have a good relationship, what better people to represent you and give you presence than your employee or employer?</p>
<img src="http://www.youngandfrugal.com/?ak_action=api_record_view&id=1033&type=feed" alt="" />

<p>Related posts:<ol><li><a href='http://www.youngandfrugal.com/2009/11/22/the-art-of-what-not-to-post/' rel='bookmark' title='Permanent Link: The Art of What Not to Post'>The Art of What Not to Post</a></li>
<li><a href='http://www.youngandfrugal.com/2009/09/24/the-playful-entrepreneur/' rel='bookmark' title='Permanent Link: The Playful Entrepreneur'>The Playful Entrepreneur</a></li>
<li><a href='http://www.youngandfrugal.com/2010/03/24/important-yf-information-the-risk-of-the-switch/' rel='bookmark' title='Permanent Link: Important Y&#038;F Information: The Risk of the Switch'>Important Y&#038;F Information: The Risk of the Switch</a></li>
</ol></p>]]></content:encoded>
			<wfw:commentRss>http://www.youngandfrugal.com/2010/05/04/co-brand-with-your-employer/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Good Idea? Bad Idea?</title>
		<link>http://www.youngandfrugal.com/2008/05/16/good-idea-bad-idea/</link>
		<comments>http://www.youngandfrugal.com/2008/05/16/good-idea-bad-idea/#comments</comments>
		<pubDate>Fri, 16 May 2008 18:51:46 +0000</pubDate>
		<dc:creator>Daniel</dc:creator>
				<category><![CDATA[Advice]]></category>
		<category><![CDATA[Entrepreneurship]]></category>
		<category><![CDATA[Life]]></category>
		<category><![CDATA[Planning]]></category>
		<category><![CDATA[Uncategorized]]></category>
		<category><![CDATA[blog]]></category>
		<category><![CDATA[howard schultz]]></category>
		<category><![CDATA[ideas]]></category>
		<category><![CDATA[investors]]></category>
		<category><![CDATA[motivation]]></category>
		<category><![CDATA[share]]></category>
		<category><![CDATA[starbucks]]></category>

		<guid isPermaLink="false">http://youngandfrugal.wordpress.com/?p=50</guid>
		<description><![CDATA[Last week I wrote a post about why you should share your ideas, with the bottom line being &#8220;If you&#8217;re scared you&#8217;re going to get screwed, you&#8217;re never going to get laid.&#8221;  In the comments Young and Frugal, and Brazen Careerist reader JRandom prompted me with a great question, which I will answer to the best [...]


Related posts:<ol><li><a href='http://www.youngandfrugal.com/2010/02/03/what-we-used-to-have/' rel='bookmark' title='Permanent Link: What We Used to Have'>What We Used to Have</a></li>
<li><a href='http://www.youngandfrugal.com/2010/01/14/thinking-aloud/' rel='bookmark' title='Permanent Link: Thinking Aloud'>Thinking Aloud</a></li>
</ol>]]></description>
			<content:encoded><![CDATA[<p>Last week I wrote a post about <a title="Why you shouldn't be afraid to share your ideas" href="http://youngandfrugal.com/2008/05/08/why-you-shouldnt-be-scared-to-share-ideas/#comment-203" target="_self">why you should share your ideas</a>, with the bottom line being &#8220;If you&#8217;re scared you&#8217;re going to get screwed, you&#8217;re never going to get laid.&#8221;  In the comments Young and Frugal, and Brazen Careerist reader JRandom prompted me with a great question, which I will answer to the best of my ability.</p>
<blockquote><p><em>So what happens after your ideas get a good listen and are rejected? Do you keep pushing them? Do you modify them in light of skeptical criticism? Do you take them elsewhere? Or what?</em></p></blockquote>
<p>Throughout my entire senior year in college I poured my heart and soul into a business plan with three other people.  We knew our concept was amazing, and we all still believe it to be amazing.  I&#8217;ll even give you a three word pitch on it right now: Healthy Fast Food. </p>
<p>We entered this plan into a few nationwide business plan competitions and everyone loved it, but we never won.  There are many valid reasons why we didn&#8217;t win, after all who wants to invest in a restaurant concept, with low margins, run by four college kids with no experience?  These flaws aside, the biggest thing I learned from this experience is that ideas (business plans in particular) are living, breathing, and growing things; they need constant attention and you can&#8217;t get ahead of yourself.  We met with investors and executives daily to pitch and pick their brains on our concept, which would lead to us re-writing our 30 page plan and reworking our powerpoint many many times.</p>
<p>For us, putting the plan aside was a matter of time and money.  We didn&#8217;t have the money to put into it, all of us would be jobless upon graduation, and 2 of us were getting married a month after graduation (my wife was on the team).</p>
<p>At the end of the day it all depends on how you feel about your idea.  Deep down, I think we all know whether our ideas are good or if they are crap.  The key is how much thought you have put into it&#8217;s <strong>execution.  </strong>How many people you have talked to about it, talking with other people gives you different perspectives.  Someone may find a fatal flaw in your plan, but if you have the passion for your concept you can work to find a solution. </p>
<p><strong>The bottom line is that we don&#8217;t possess our good ideas, they possess us.  Once you are possessed you have true passion to keep trying, when you are knocked down, you get up you take your passion to someone else to try again.</strong></p>
<p>Howard Schultz was possessed by Starbucks.  He was possessed enough to pester them until they found a place for him in their company.  He was possessed enough to move from New York to Seattle.  And when he had the opportunity to buy and grow Starbucks, he was passionate enough to spend a year trying to raise $1.25 Million.  And it was his passion for his vision that led him to pitch the concept to potential investors 242 times, just to have 217 say no.  But in the end it didn&#8217;t matter that 217 said no, it mattered that about 30 said yes.  (<a title="Starbucks Story" href="http://www.scribd.com/doc/2209874/Starbucks-Story" target="_blank">Source</a>)</p>
<p>What happens if you are possessed by a bad idea?  I don&#8217;t know, and sometimes people do just need to learn to give up, but next time you are in a plane, reach in the seatback in front of you and read the SkyMall magazine.  It&#8217;s full of them, and it goes to show that even some bad ideas can still make some money (assuming that people buy anything out of there).</p>
<img src="http://www.youngandfrugal.com/?ak_action=api_record_view&id=42&type=feed" alt="" />

<p>Related posts:<ol><li><a href='http://www.youngandfrugal.com/2010/02/03/what-we-used-to-have/' rel='bookmark' title='Permanent Link: What We Used to Have'>What We Used to Have</a></li>
<li><a href='http://www.youngandfrugal.com/2010/01/14/thinking-aloud/' rel='bookmark' title='Permanent Link: Thinking Aloud'>Thinking Aloud</a></li>
</ol></p>]]></content:encoded>
			<wfw:commentRss>http://www.youngandfrugal.com/2008/05/16/good-idea-bad-idea/feed/</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
	</channel>
</rss>
