Profitability

5 Biggest Mistakes in Healthcare Staffing by Susanne Mariga, CPA

When one starts a business there is rarely someone available to guide you through every possible twist and turn.  To give you a head start and to help you avoid...

Do I Need to Use Bank Accounts with Profit First?

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Maximizing Profits in the Healthcare Staffing Industry by Susanne Mariga

Profit and cash flow are critical in any business.  In the Healthcare Staffing Industry failure to maintain profit and cash flow can result in massive debt and out-of-control IRS payroll...

7 Tips to Make Your Nonprofit Financially Healthy by Sandy Free

Keeping your nonprofit financially healthy should be your priority.  You cannot serve your mission and purpose if you have to close. These have rapidly become some of the most challenging...

Tips from the Oil and Gas Service Industry Leaders by Christian Brim

If you’ve been in the Oil and Gas Service business for any amount of time, you know the wild ride of commodity prices and how it can make or break...

Spend Your Time

Time and money. Both are scarce resources. Money depletes quickly. Time depletes, comparatively, more slowly. Before you spend your money, spend your time. Determine if your time is resulting in...

The Daily Huddle at Profit First Professionals

Every day at 8:34am Eastern Time our small company of eight people conducts a daily huddle that is 15 minutes or less. All employees attend. We meet both in person...

How To Find Banks That Support Profit First

Profit First is a simple system, but the process of finding a bank that supports it can be painful. Almost 100,000 companies have implemented Profit First within the first year...

7 Ways to Make Your Business Money While You Sleep

Think about the way your business runs:  you attract prospective clients, convert them to customers, collect the money, cultivate repeat business, and encourage customers to refer other prospective clients.  Each...

Accounting Professionals, You are Wasting Your Time on LinkedIn

If you are like me, you are wasting your time on LinkedIn.  At least I used to.  A year ago, I thought I had the social media platform down pat....

Accounting Professionals, You are Wasting Your Time on LinkedIn

If you are like me, you are wasting your time on LinkedIn.  At least I used to.  A year ago, I thought I had the social media platform down pat.  I had over 500+ connections, a professional profile picture and my detailed professional resume posted.   I had sprinkled keywords around and “liked” every article I could.  I followed influential people, joined groups and then sat back just a little impressed with myself.  And nothing happened.  People didn’t climb over each other to connect with me.  Customers didn’t start knocking down my door. Nothing.

I went to a PR group who said that they could ramp it up.  I bought advertising and spent money on Press releases and social media blasts.  Nothing.  A professional resume writer said my resume was tired and old fashioned and rewrote it.  Nothing.  A marketing expert told me to post stuff, something, anything 2-3 times each day (as well as 20-30 tweets on Twitter and 3-5 posts on Facebook, which consumed my entire day) Guess what….zippo.

Then, I listened to the author of LinkedIn Profile Optimization for Dummies, Donna Serdula, deliver a presentation and discovered that her book has the perfect title, because I, in fact, had no clue.  In order to make things happen, I had to BE an influencer, not just try to hang around them.  It turns out that the functionality of groups was not at all what I thought it was.  And while posting a resume might help find a job, alone it does not create the impression of an authority.  Keywords only matter if you know which fields to put them in, and searches are limited.  

With serious help from her professional group that DOES know what it’s doing, the LinkedIn Makeover team, my professional profile got a complete redesign.  Two weeks after the facelift, I was contacted and asked to join an advisory panel as an expert in the field.  I hadn’t changed in those two weeks, but a complete makeover made me look like I had.  This members-only group that I had been trying to connect with reached out to me and asked me to join!

The moral of the story is if you are going to use LinkedIn as a tool to promote your events, attract the right people or to be an influencer, don’t bother if you are going to only sort-of use it.  That is like throwing breadcrumbs in a pond.  You will make fish happy, but you are not going to catch any.  To get the fish in your boat takes the proper equipment, the right hook and tasty bait.  LinkedIn is a powerful tool if you know how to use it.  Don’t waste your time using LinkedIn.  Either go all in…or just close your browser now.

Li Hayes is a Professional Speaker Manager, and LinkedIn Amateur and Founder of GoLeeward Speaker Management.