Often, the business owners I speak to have misinterpreted the smooth pitches of SEO companies. The company is telling the truth but doesn’t tell the whole story. Often, this can lead to false hopes and money down the drain. Here’s what I mean:

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Sample 1
SEO Company: “We can get you at the top of the first page of Google.”

Interpretation: They will help you place an advertisement with Google. The company that pays the most gets listed at the top for each keyword.

Is this okay? Sure, if you want advertising. This method is not search engine optimization or marketing. It can only be defined as advertising. It could get you some short-term results.

Sample 2
SEO Company: “We can get you at the top of the organic results in Google for whatever keyword you want.”

Interpretation: There are a variety of ways they can do this. Options include paying for other websites to link back to yours, as well as, hiring people to write massive amounts of poorly written articles about your company and posting them around the Internet.

Is this okay? It’s okay only if your priority is to have a lot of traffic quickly. Using this method for too long could hurt your brand and be very expensive. Soon after you stop paying the company, you will lose your standing with the search engine.

Sample 3
SEO Company: “We are going to address one keyword at a time.”

Interpretation: They want to ensure a steady stream of income from your company.

Is this okay? This scenario can sometimes help companies with smaller budgets that want to focus on a subset of keywords to start. However, it is easy for them to lose track of the overall marketing plan and get taken advantage of. If you choose to go this route, make sure that you work with a reputable company that has your best interest in mind and is not taking  you along for the ride.

Mike Miller, a director at Symbiocracy Inc., will be a panelist during the Swedish–American Entrepreneurial Days in Goteborg, Sweden from Nov. 8 – 10, 2010. His panel’s topic is “”How to Sell to Americans – U.S. Business Culture.” Mike will post his presentation before he leaves for Sweden November 2.

The Swedish–American Entrepreneurial Days has become the most important trade and networking event in Sweden, providing an effective platform for trade and commerce between the U.S. and Sweden. Since 1997, the Entrepreneurial Days has enabled small, medium, and large companies to connect and develop new business. For the past thirteen years the Entrepreneurial Days has not only grown larger, but has also become global in scope with American business leaders networking with their Swedish counterparts. What makes this business-to-business event so worthwhile and successful is that it brings together entrepreneurs and experts from a variety of fields – all sharing their expertise and knowledge of American and EU markets.

For more information, see: http://sacc-edays.org/goteborg/speakers/#9

Mike spent fourteen years in corporate America with Bendix and Allied Signal corporations. Positions he held included divisional chief marketing officer, new product development manager, marketing channel manager, national sales manager, marketing communications manager and acquisition manager, . Since 1989, he has been in the consulting industry. Of Mike’s current clients, three are start up firms. He holds a B.S., Industrial Engineering from Lehigh University (Bethlehem, PA), and a M.B.A. from Loyola Marymount University, (Los Angeles, CA), and is certified by the Center for Creative Leadership (Greensboro, North Carolina) to conduct 360º leader assessment and development programs.

Over the last 20 years, one observation I have gained from working with startup companies, or any company, is the failure of management to assign the right talent for the right roles. A serial entrepreneur told me once, “You can take my ideas, money, computers, equipment, buildings and people and if you only let me have one back, I’ll take my people. I will then restart my business and make better and stronger. You can have the rest.”

So, it cannot be emphasized too strongly the purpose of a business plan is to first and foremost demonstrate you and your management team, Board of Directors and Advisors have the skills, experience and capabilities to start, launch and grow your company.

Through your Business Plan, you demonstrate your business has:

• A robust management team.
• Sufficient demand for our product.
• Sustainable competitive advantage.
• Realistic goals & objectives.
• Well thought out financials.
• The Business Plan also shows investors it has:
• Focus. Too many Business Plans promise too much, too soon.
• A well thought out roadmap to an exit strategy.
• Realistic financial forecasts that show acceptable return to your investors.
• Funding needs that support the forecast.

Some resources:

• Angel Investor Network www.angel-investor-network.com
• Capital Vector (Venture Capital directory) www.capitalvector.com
• Keiretsu Forum SoCal www.keiretsusocal.com
• Los Angeles Venture Association www.lava.org
• Maverick Angels www.maverickangels.com
• Pasadena Angels www.pasadenaangels.com
• Tech Coast Angels www.techcoastangels.com

Mike spent fourteen years in corporate America with Bendix and Allied Signal corporations. Positions he held included divisional chief marketing officer, new product development manager, marketing channel manager, national sales manager, marketing communications manager and acquisition manager, . Since 1989, he has been in the consulting industry. Of Mike’s current clients, three are start up firms. He holds a B.S., Industrial Engineering from Lehigh University (Bethlehem, PA), and a M.B.A. from Loyola Marymount University, (Los Angeles, CA), and is certified by the Center for Creative Leadership (Greensboro, North Carolina) to conduct 360º leader assessment and development programs.

It was an exciting night for the Symbiocracy team. We showcased our company and celebrated the launch of our brand new website to over 300 startups and investors. The team had a great time “Schmoozing” with the guests and met a lot of great people.

Here are some photos from the event:

The Symbiocracy cell phone holders were released, and will be coming soon to a desk near you!

Joseph Sarmiento, Alex Scoble and Moriah Harris-Rodger

Symbiocracy and LAVA: Moriah Harris-Rodger, Michael Miller, John Dmohoswki and Alex Scoble

Symbiocracy with the guy who created the school search tool on MySpace (Moriah expressed her gratitude) and MySpace's technical relationship manager at Schmoozd Event

Symbiocracy.com and its Symbiotic Relationships: Jennifer Oki and Mike Miller

Crowd at the Schmoozd Event at Wokcano

Just recently, I, along with some really good people, have started to push Symbiocracy forward to a new level, beyond my consulting, workshops and blog. I am really excited that I will now be able to help clients to get further along in their whole internet strategy. An integral component will be a partnership with a well-known and respected technology team, who can deliver the products that businesses need to compete with the global marketplace.

One of the first steps is an updated site that speaks more to our business direction and  capabilities. As a preview of things to come, once the partnerships are finalized our services will include all of the following:

• Strategic social enterprise business plans
• Website branding
• Website architecture
• Website user interface
• Website monetization strategies
• Search Engine Optimization (SEO)
• Basic and high-level website creation
• Social media strategy and development
• Social media application creation
• Social media implementation coaching
• Email marketing strategy, development and deployment
• Logos and corporate identity
• Display advertisement design
• Contextual advertisement strategy
• iPhone and iPad applications
• Cause marketing strategy
• Brainstorming