My 7 Absolute Favorite PR Trends for 2019

I zealously perused several impressive 2019 public relations trend articles and tips today. Here are my seven favorite tips. Most of them list who said it and an associated Twitter handle.

chatbot canva photo

Some of them are evergreen; others are more timely.  Happy reading!

1) Create your own news.

“Creating news that promotes thoughtful discussion of your brand is possible by commenting or riding on the waves of current news.”

Source: Critical Mention Blog

Follow @criticalmention

2) Artificial intelligence will continue to be a theme.

“AI will continue to be a theme in the new year, as we get a clearer idea of the role it will play and how it can help enhance what PR pros do.”

Who said it: Michelle Garrett

Source: Meltwater Blog

Follow @Meltwater and @PRisUS

3) The micro-influencer finally gets some respect in PR.

“I’m thinking that 2019 will be the year that the micro-influencer finally gets some respect in PR, particularly for those who toil in the B2B sphere.”

Who said it: Lou Hoffman, CEO, Hoffman Agency

Source: Meltwater Blog

Follow @LouHoffman

4) The lines between marketing, PR and fake news blur.

“Another big challenge is how to produce effective storytelling as the lines between marketing and PR blur and fake news and fact continue to battle it out.”

credit_ Canva

Who said it: Melissa Hoffmann, Editor, PR News

Source: B2B PR Sense blog

Follow @WendyMarx

5) You can’t wield influence with freebies.

“We all know you can’t wield influence with cookies or taco lunches. You’re not buying a journalist’s favor by doing what most business folks do on a daily basis. But don’t shower journalists with freebies. It’s awkward, so it’s best not to place you or your client in that kind of position.”

Who said it: Ms. Kyle Niederpruem

Source: PRSA blog

Follow @PRSA

6) Make Siri and Alexa your friends.

“PR pros must become knowledgeable in how their clients can use AI for online chat and when their clients should not use it. We’ll be relied upon to help guide the flow of the text being used and when the chatbots should pass the conversation over to human employees.”

Who said it: Ebony Grimsley-Vaz of Above Promotions quoted by Michelle Kane

Source: Ragan Communications blog

Follow @RaganComms

7) Content will always be mobile first.

“The average American looks at their smartphone 52 times per day, according to Deloitte research, and more than a third admit to using their smartphones for work purposes ‘very/fairly often’ when they’re not officially ‘on the clock.’ More screen time means more opportunities for you to reach your (audience). But smartphone screens and mobile experiences are vastly different than what buyers get with a desktop or laptop.

2019 pr trends

B2B marketers, in turn, are going to be rethinking the way they approach content experience and design.”

Who said it: Alicia Esposito, Content Strategist

Source B2B Marketing Zone

Follow @content4demand

8) Press relations alone won’t cut it in 2019.

Great public relations professionals will need to understand a myriad of modern communications techniques and adapt accordingly in 2019, if they haven’t already. These include blogging, quality social media engagement, thinking about online communications as “mobile first” and a hyper focus on images and videos. Yes, this means that a PR practitioner without a social media profile head shot or a private Twitter account should be sent to marketing jail.

MichelleMcIntyreNov2018sweater

Who said it: Michelle McIntyre of Michelle McIntyre Communications LLC

Source: Michelle McIntyre Communications LLC blog

Follow @FromMichelle

(C’est moi!)

By the way, it is “who said it” and not “whom said it.” The trick for figuring out which word to use is to replace “who” with “she” and “whom” for “her.” Then ask, which one sounds better? Since “she said it” sounds better, I went with “who said it.”

Have a phenomenal 2019.

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Michelle McIntyre, founder of Michelle McIntyre Communications LLC, is an IBM PR vet. A 2018 Ragan.com article says she’s one of the Top 50 PR professionals to follow on Twitter. @FromMichelle

Photo credits: The top three representing chatbots, storytelling and mobile images are from Canva and the bottom one is mine.

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8 Notorious Mistakes Made in Naming Start-ups

By Michelle McIntyre

Naming start-ups can be fun. When I advise clients on name ideas, I just let them know what sounds good and what makes sense based on their target market and growth plans.

However, the biggest mistake they make is naming for the present and not for their business climate many years down the line.

Here’s an example. International Business Machines (also known as IBM) has a name that lends itself to global expansion. It’s more than 100 years old and top investors like Warren Buffet like it. (It’s public knowledge that he owns a lot of stock.)

The name isn’t as exciting as Uber but it makes sense and the acronym is nice.
I love the name Uber. It’s short, cool, easy to say and easy to spell.

After using it recently I’m a huge fan of the private room-or-house-for-rent service Airbnb. But when I tell people to download the Airbnb app to look for their own dream getaway cabin or bargain business trip room, I have to explain how to spell it five or six times before they get it. By the way, you can also rent a houseboat, yurt, hammock or tree house through the service.

Naming a company after its headquarters city may not sound great when it expands globally, especially if that name is hard for someone elsewhere to spell or say.

Or what if the city has a negative connotation somewhere? Suppose I named a store Moscow Chocolates but I wanted to sell them online to the U.S. President? That may not work at this moment.

In any case, whether you are planning to sell software apps or chocolate bars, it’s good to put some careful thought into your new company’s name.

Here are eight of the biggest mistakes start-ups make when choosing a name.

1. NOT SECURING OWNERSHIP. It costs both time and money to take ownership of the new name. Make sure you take care of this early on or you might be sorry later. That doesn’t mean you have to shell out $80,000 to a naming firm although some of them do a great job. A 2013 Mashable article recommends checking your company name here first: http://namechk.com/

2. STEALING SOMEONE ELSE’S. This mostly applies to companies in the same market. If two companies have similar names but sell completely different things, it typically is not a problem. Did you know the game Angry Birds is being sued because there allegedly was already a stuffed animal company named “Angry Birds” in Europe formed years before the popular app came out? Granted the video game came before the “new” Angry Birds stuffed animals came out but if they are both plush toys, it’s definitely a conflict.

3. MAKING IT HARD TO SAY. Do you want people to muck it up when they introduce the speaker from your company at an awards ceremony? Of course not!

4. MAKING IT HARD TO SPELL. This is especially true in the age of social networking when everyone posts news stories and tidbits so quickly. If you are start-up CEO speaking at a trade show and you want people to tweet your awesome quotes and attribute them to you and your company, then make its name clear and easy to spell. When I’m live tweeting at a SVForum event, I get frustrated when I have to leave out a speaker’s company name because it takes too long to look it up.

5. THERE’S CONFUSION BETWEEN THE COMPANY NAME AND THE PRODUCT. The company Facebook is called Facebook but then the company has an app called Facebook and another one called Instagram. Thinking back, maybe Mark Zuckerberg should have made the company name different than the app to avoid confusion. As widely popular as Facebook and Instagram are, “Facebook’s Instagram” still doesn’t roll off the tongue. Same goes for Google’s YouTube. When I think of Google, I think of Google search. Google’s YouTube sounds awkward to me still.

6. IT MEANS SOMETHING AWFUL TO ANOTHER CULTURE. Again, plan for global growth! Most experienced business people know the number or word four is unlucky in several Asian countries. It’s because it sounds like the word death in some East Asian languages. There are a few of these zingers out there. Here’s a great Mental Floss article about this topic: http://mentalfloss.com/article/31168/11-product-names-mean-unfortunate-things-other-languages

7. NOT THINKING ABOUT INTERNET SEARCH ENGINES. Make your company name easy to find when people are searching for that topic. “Quality Dog and Cat Grooming” will likely come up first when people search for that service.

8. MAKING IT EASY TO LOOK SILLY. This story “50 of the Worst Business Names” at http://bestonlinemba.net/50-of-the-worst-business-names has some hilarious but sad examples of naming gone wrong. No offense to the person who owns Hooker’s Funeral Home but don’t they know what the word means? Is this a place for ladies and gents of the evening to be put to rest? Or is Hooker a highly respected family name? Probably the latter.

In any case, tell your name to a few different people before solidifying it. If at least three of them tell you it’s awful, believe them.

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Michelle McIntyre is the president of MMC PR, on the executive team of TEDxSanJoseCA and director of marketing communications of the Silicon Valley International Association of Business Communicators. Follow her on Twitter at @FromMichelle.

Crowdfunding Secrets Indiegogo and Kickstarter May not Divulge

By Michelle McIntyre

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I recently met an entrepreneur named Kitae Kwon who had raised $84,000 three years ago on Kickstarter for his unique docking station called Landing Zone.

This is pretty amazing considering the average amount raised is around $5,000.

There are some other exceptions.

Scanadu, maker of the super cool Scandadu Scout personal health monitoring device, raised more than $1.6 million using Indiegogo.

If you are not that familiar with the concept, here is the definition:
Crowd funding or crowdfunding (alternately crowd financing, equity crowdfunding, or hyper funding) describes the collective effort of individuals who network and pool their resources, usually via the Internet, to support efforts initiated by other people or organizations. Crowd funding is used in support of a wide variety of activities, including disaster relief, citizen journalism, support of artists by fans, political campaigns, startup company funding, movie or free software development, and scientific research. (Source: Mashable.com)

From a technology perspective, usually people who sign up to use the crowdfunding services of say a Kickstarter or Indiegogo ask for monetary donations, not for equity in the company, and in return, send donors a gift. It’s usually their product.

It’s nice because it forces the founder to get his or her marketing act together. This could mean getting professional photos and videos made or simply writing sales messages.

It could also mean a slew of new customers, if the donor gift is in fact the product.

The third benefit is that it’s organized way for friends, families and of course, new contacts to donate to your company.

Crowdfunding typically works better for B2C products by the way. B2B’s should probably just tap angel investor friends directly for funds.
There are some downsides though. Kitae Kwon says watch out for people who make your product look bad by posting terrible reviews which can often be fake. For example, someone posts a negative review before actually receiving the product.

Kwon said they probably come from competitors or random people who just like to write bad reviews.

He added that you have to be strong and confident when crowdfunding. If it doesn’t go as planned, your company could still be successful. Sometimes the campaign was just not planned or executed well.

Additionally, said Kwon, you could have a successful crowdfunding campaign but the product fails.

The net is, says Kwon, don’t let the campaign define your startup’s future.

However, Kwon adds, there are many crowdfunding benefits. For example, when people donate to get your product as a gift, it shows a bigger prospective investor, like a venture capitalist it is in demand.

Since he raised $84,000 for his docking station for the Apple Macbook Air, which is 10 times the average amount raised, Kwon must have had a huge demand.

For more unique crowdfunding examples, check out this story on the website Hooked on Social Networking. For information about Kwon’s company Landing Zone, visit: http://landingzone.net/
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Michelle McIntyre is the president of MMC high tech PR, on the TEDxSanJoseCA executive team, and director of marketing communications for SVIABC. Follow her on Twitter at @FromMichelle  [Photo credit: iStockPhoto.com.]

 

Guy Kawasaki says Entrepreneurs Make these Top 10 Mistakes

ImageGuy Kawasaki spoke at The Startup Conference this week. (Photo credit: Guy Kawasaki)

By Michelle McIntyre

Investor, TED Speaker, startup expert, former Apple evangelist and author of nine books, Guy Kawasaki gave a talk called “The Top 10 Mistakes Entrepreneurs Make” at The Startup Conference in Redwood City, Calif., Wednesday. He is currently chief evangelist of Canva, an online graphic design tool.

Kawasaki has a BA from Stanford University and an MBA from UCLA as well as an honorary doctorate from Babson College.

As a PR and business strategy consultant to many startups, nothing he said shocked or amazed me but his side comments and answers to audience were very funny. He has always had a way of giving business advice in an entertaining and highly digestible fashion.

Here is his list of 10 top entrepreneur mistakes:

Mistake 1 Multiply big numbers by one percent to calculate market size.

Solution: Entrepreneurs should calculate from the bottom up and have realistic expectations.

Mistake 2 Scale too fast.

Solution: “Eat what you kill.”

Mistake 3 Form partnerships, or just focus too much on them.

Solution: Focus on sales. Kawasaki says, “Sales ‘fixes’ everything!”

Mistake 4 Focus on the pitch.

Solution: Focus on the prototype. Code writing software is more important than Microsoft PowerPoint.

Mistake 5 Use too many slides.

Solution: Use the 10-20-30 rule. It is 10 slides or less, 20 minutes in length and no smaller than 30 point type. I agree with this. In fact, I tell clients no more than six slides.

Mistake 6 Make serial progress.

Solution: make “parallel progress.” Startups need to multitask and be flexible instead of deciding that everything must be done in an exact order.

Mistake 7 Try to retain control. It’s a mistake to think that if you own 51% of the company, you can call all of the shots. Most decisions voted on in the board room are decided ahead of time.

Solution: Instead of focusing on how much of pie you have, focus on “making a bigger pie.”

Mistake 8 Use patents for defensibility.

Solution: Use success. He cautioned against mentioning patents more than once in a pitch.

Mistake 9 Hire in your own image.

Solution: Hire to complement. If you are a male founder, look for a female to round out the management team. Diversity is good for business.

Mistake 10 Befriend your investors.

Solution: Simply exceed expectations.

ImageEnchantment is one of nine books by Guy Kawasaki. (Photo credit: Guy Kawasaki)

My key takeaway was that early stage startups need to make their top two priorities developing a quality product and building the user base. Nothing else is as important.

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Michelle McIntyre, @FromMichelle, is a PR consultant for tech startups, an IBM vet, on the executive team for TEDxSanJoseCA and director with Silicon Valley International Association of Business Communicators.

 

 

 

Silicon Valley Entrepreneur Rock Stars on the Next Big Thing in Technology

On Monday January 27, three seasoned entrepreneur rock stars manned the panel chairs at an SVForum event at IBM in Foster City, Calif., giving several dozen early stage start-up founders advice on the dos and don’ts of successfully getting their tech businesses off the ground.
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The event “The New Venture in 2014 – Choosing the Right Idea, Building the Team, and Getting the Venture Started” was moderated by John Lee, vice president, Silicon Valley Bank.
 
The software-savvy panel included Spreecast CEO and founder of StubHub Jeff Fluhr, Couchbase CEO Bob Wiederhold who was at the helm of Transitive when it was sold to IBM, and Ullas Naik, founder of Streamlined VenturesNaik is a seed stage angel investor whose various firms have backed 200 technology start-ups. Fifty are currently active investments.
 
The three generally agreed that Silicon Valley is the best place to start a technology company because it’s so entrepreneur-friendly.
 
“The technology ecosystem is robust in the Silicon Valley. Your management team should be based here. The way to think about it is if you want to make movies, you move to Los Angeles, not St. Louis,” said Naik.
 
They also said to choose a co-founder whom you know well and that a company’s strategic advisors should receive some sort of equity in order to be truly useful and not just a bunch of impressive names and photos on the website.
 
The panelists had strong opinions on recruiting co-founders. Fluhr said that he founded StubHub with a former Stanford B-school classmate. He added, “It is best if you have known someone a long time, so choose a friend you have worked with before or know from school.” 
 
Naik said, “I typically don’t invest in companies that have related co-founders, for example brothers or husband and wife. I also don’t like to invest in solo founders. There is too much to do. Co-founders who have just met three months ago are also red flag.”
 
He admitted that there are exceptions to the rule, for example, Cisco was founded by a husband and wife team. 
 
An audience member asked the panelists to comment on the next big thing in technology.

Jeff Fluhr said Bitcoin, the alternative form of currency was intriguing.
 
Database company CEO Bob Wiederhold said Big Data and the Internet of Things are important in his market and driving a lot of investments.
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Ullas Naik added that data and what people are doing with it as well as wearables are the next big things in technology. Naik also said, “I believe that an alternative form of currency will be big, but not Bitcoin.”
 
If you are interested in getting more hot tips from top technology company founders and investors, SVForum invites you to attend the APPs to Platforms event in in San Jose, Calif., on Feb. 20. Register at svforum.org. The all-day event is priced at under $200.
 
Follow SVForum on Twitter @SVForum.
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Michelle McIntyre is a tech PR consultant with 10 awards for outstanding results at top PR agencies and Fortune 500 companies. She’s a director with Silicon Valley International Association of Business Communicators and on the executive team at TEDxSanJoseCa. She’s @FromMichelle on Twitter
 

Photo 1: Jeff Fluhr
Photo 2: Bob Wiederhold

Tips from VC Heidi Roizen: Three Things to Never Do When Starting a Company

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Today Heidi Roizen spoke to 35 female company founders including myself about learning from failure at Procopio law firm in Menlo Park, Calif. The event was held by Women Startup Lab Meetup group.

Roizen is a venture capitalist with Draper Fisher Jurvetson (DFJ) who also teaches entrepreneurship at Stanford University. 

In the early 80s she founded personal computer software company T/Maker and later sold it at a nice profit to the delight of her investors including VC Ann Winblad of Hummer Winblad Venture Partners. 

This was an interesting time to be in software because it was before it was hot.  At the time Lotus Development was getting started and Bill Gates, a friend of Roizen’s, was also a frequent co-conspirator at fledgling PC industry events.

I actually did PR for Lotus for several years long after it was bought by IBM. While I was there it had been rebranded enterprise collaboration software and social business which was definitely a smart move by Big Blue. 

After selling T/Maker, Roizen became vice president of developer relations at Apple Computer and after that, a partner at another VC firm before she joined DFJ. It was interesting to hear that she works part time for DFJ now, often from her home office. 

During her talk on learning from failure, Roizen emphasized the importance of knowing the numbers behind your business as well as being realistic.  

She had many great tips but highlighted three main things to avoid when starting a company.

1. RIGIDITY. Instead, be flexible and open to changing your plan based timely analysis of how things are going.  If you are not seeing the results, then quickly change up what you are doing in order to get them. 

2. PERSONAL FINANCIAL RISK. Roizen said she has seen more than one entrepreneur declare personal bankruptcy as a result of borrowing money to exercise stock options (known as the ‘cashless exercise’) and then being required to pay that money back when the company does not live up to its early promise.  She says personal financial pressure can create a hidden agenda and lead entrepreneurs to make bad decisions.

3. ASSUME A DEAL WITH A BIG COMPANY IS THE PANACEA. She once invested in a company that partnered with UPS. The company placed way too much emphasis on the deal as a key to success. Things didn’t pan out exactly as expected.  In 20/20 hindsight, they realized that although it’s a hugely successful shipping company, UPS’s business reasons for doing the deal were not aligned with what would make the startup successful.  

When I asked Roizen about hot technologies she immediately mentioned how mobile is ubiquitous and the importance for designing software for mobility. She also mentioned fellow DFJ VC Steve Jurvetson’s interest in the space industry pointing out the SpaceX launch that happened a few days ago.

The energy in the room during Roizen’s talk was high and I would like to thank Women Start-up Lab co-founder Ari Horie, my former coworker in IBM Storage in the late 90s, for working so hard with her team to put on such a fantastic venue. 

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Final note

Here are the Twitter handles of organizations mentioned in the story: @DFJvc, @HeidiRoizen, @WS_Lab, @Humwin, and @FromMichelle.

 

Six Tips on How to get Funded from the Queen of Venture Capital

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Venture capitalist Ann Winblad recently spoke to our Women Startup Lab Meetup group in Menlo Park.

Winblad is the co-founder and a Managing Director of Hummer Winblad Venture Partners. With over 30 years of experience in the software industry she is a well-known and respected entrepreneur and technology leader. She is also on the board of directors of SVForum.

She has a slew of impressive degrees and credentials and founded a software company in the mid-80s which was acquired back before software was hot.  I used to work with Winblad when I was with IBM Venture Capital Group and it great catching up with her again before her talk to about 30 female entrepreneurs.

Today software is not just hot. It’s white hot. Large companies like IBM have shifted their focuses from hardware to software in recent years. In fact last I checked software was IBM’s most profitable group.

Winblad estimates that today 60 percent of companies that receive VC-funding offer software.

Hummer Winblad Venture Partners was founded in 1989 as the first venture capital fund to invest exclusively in software companies.

My key take-away from Ann Winblad’s talk was that she doesn’t like to invest in entrepreneurs who focus on risk.

The word “risk,” says Winblad, has a negative connotation. It is associated with the threat of failure and impossibility.

Winblad instead likes to invest in companies run by opportunists and visionaries.  She looks for company leaders with can-do attitudes who look toward the long-term goal. She says companies that IPO are on average seven years old and ones that are acquired are at least 10 years old.

Here are her six tips on how to get funded. By the way, she stressed that her firm focuses on Series A funding, not seed funding.  This means funding a company and not just a concept.

1. DON’T BE A RISK TAKER. Focus on opportunity not risk. It’s not about being a risk taker; it’s about being a visionary.

2. KEEP AN EYE ON THE FUTURE. Winblad says it’s because visionaries are inspired, enterprising, and insightful.

3. SHOW HER YOU CAN ATTRACT TALENT. Do people want to work with you? Are you a team player? Attracting and retaining the best talent is what makes or breaks companies.

4. DON’T HAND HER A COMPANY PROFILE. E-mail her but only if it’s a fit. For example, don’t send her company information if she backs a competitor.

5. HANG OUT AND NETWORK WITH VCs. Half of the companies funded by VCs are Silicon Valley-based and 80 percent of the world’s VCs are based here as well.

6. WHEN PRESENTING, DON’T BE SO BUTTONED DOWN.  VCs invest in people with personalities and heart. This is especially a women’s problem. Don’t be so formal.

Here is a list of selected active and historical Hummer Winblad Venture Partner investments.

 Selected Current Companies:

AceMetrix
Aria

Domo

Baynote

Birst

Insidesales

Kiip

Flite

Infulitive

Karmasphere

Marketo

MuleSoft

Sonatype

Piston

Plumgrid

Voltage Security

And others

 

Historical:

Wind River

Hyperion

AdForce

Powersoft

Starmine

NetDynamics

Intrinsa

Krillion

Liquid Audio

Market Wire

Net Perceptions

Star Analytics

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Visit https://plus.google.com/photos/111651143754275279070/albums/5924958611441888881 for photos of the event.

Michelle McIntyre is president and principal consultant at Michelle McIntyre Communications LLC, a high tech PR firm based in Saratoga, California. Follow her at @FromMichelle on Twitter. Women Startup Lab is @ws_lab.