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Build Your Own Future – Interview With Ram Media Group Founder Nehemiah Burney-Porter

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Nehemiah Burney-Porter

Jobs are difficult to come by for millennials, so it’s no surprise that many create jobs for themselves as entrepreneurs. Launching a company is not as easy as it sounds and requires tons of hard work, but the rewards are incomparable. With more and more people aspiring to become entrepreneurs instead of working a 9-5, there may be some questions that are overlooked in the process. To give a clear look into the life of an entrepreneur, we connected with Nehemiah Burney-Porter, Founder of Ram Media Group. He runs a digital marketing agency that specializes in maximizing marketing ROI and measuring content effectiveness. Nehemiah recognized value and demand in digital marketing early on, giving him a head start in the industry. He was able to give insight into building a business and what you have to do in order to differentiate yourself from your competitors.

What are some surprises that have risen after the start of your own business?

Honestly, the biggest surprise for me was the amount of legal and tax paperwork that was needed to make the company legitimate. Everything from insurance, corporate quarterly tax reporting and the legal aspects of registering for an LLC. Not to mention figuring out how to pay myself and separate the two incomes. You go from working your job from 9 to 5 and then going home, to having to be an accountant, HR manager and salesperson in your non-working hours.

Another surprise was realizing how fluid I needed to be in my product offerings. I went into business thinking I would just sell my Google Analytics and Adobe Analytics reporting expertise like I did when I was consulting for other companies. But I quickly realized that if I wanted to continue relationships with these clients that I would have to be their go to for any new supplemental tools they were looking at getting into. Essentially, I was already a SME (Subject Matter Expert) at the reporting sides of Google and Adobe but most of these companies need an data strategy SME who is tool agnostic. In less than a year, I had to learn the pros and cons and how to implement at an enterprise level close to 20 different tools all ranging from cloud based data lakes to machine learning implementations.

What are some risks that you have had to take when starting your own business?

The biggest risk that I take over and over again is putting my name or brand on the line to prove my value as an expert. In my industry, people aren’t paying you to get work done, but instead they’re essentially paying you to know more than them on a specific subject. Because of this I find myself going toe-to-toe with very intelligent and powerful people within these companies. And if I’m wrong about something, that’s it. There’s no training or conference they will send me to to get smart on a subject. That contract would be cancelled and they’ll get someone else in there.

I also picked up and moved my life when I signed my first major client because they were 2 hours away and I needed to give them a lot of face time. Its unnerving putting everything on the line with no real safety net. Knowing if it doesn’t work out I would have to move again, or downgrade my life a bit to make ends meet. But honestly that became sort of a driving force for me. Knowing how easily I can lose everything makes me work even harder to stay ahead in this industry.

Have you had to ever make an irrational decision to safeguard your business?

Yes. Before when my biggest client wasn’t enough to go full time with, I got wind that one of my smaller clients were thinking about switching providers so they could get more face time or whatever. Work was good and they were happy with results, but there’s something about southern culture that they want to see you every once in awhile. Anyway, they were meeting with a local agency the next day out in Houston (or so I thought). I bought a last minute plane ticket and popped into their offices to take him to lunch. Come to find out, once I landed I get an email telling me he was working out of the florida offices. So I bought another ticket and that lunch became dinner. Well $1300 and many hours later I was able to keep that $400 a month client. The worst part was a couple of months later I had to let that client go to make time for a bigger one. I don’t know if it all was worth it.

How do you enter an industry and make a lasting impression?

To put it simply, do good work. I was lucky enough to be doing the same exact work for a number of different companies before I branched out on my own. I was already getting recruiting calls on a regular basis and I changed those to sales leads. The Philadelphia data analytics industry is a pretty small tight knit community. So by doing well at a number of different companies, word spreads. The problem is Nehemiah Burney-Porter is already a proven data analyst and business strategist with a strong resume. But Ram Media Group isn’t. That’s the part I haven’t figured out yet. How to take the name that I built for myself in this industry and get my company name to outshine that.

Why do you think business owners fail more frequently?

In my experience, people don’t market themselves well enough to stay afloat. You can have a great product but at the end of the day you need people to buy into whatever you’re selling. It’s not easy and at times you can start to take rejection personally. But once you find your niche or specific target demographic it becomes easier. Or you may have to be open to change the product somewhat to give it an edge. At first I thought I knew my target (smaller ecommerce companies just starting to get into online sales). And I was missing left and right. But then I kept signing large services based companies. The work changed significantly and the pressure of perfection was significantly higher and not exactly what I wanted. But I adjusted and kept working. Learning from failure is a big necessity when trying to go out on your own. A “no” isn’t an “I don’t need this product.” It’s an “I don’t need your version of this product.” Your job as an owner is to figure out and produce what version sells.

Owning a business is not easy, what recommendations would you make to an aspiring business owner?

The biggest mistake you can make when starting out is trying to make something that everyone thinks is great. Find the people you want to sell to and listen to them. A lot of people that have nothing to do with your offerings may try to give you advice, but from a business standpoint they’re not important. Take failure as a learning experience and the biggest thing is don’t give up. There is A LOT you will have to learn along the way that may not have anything to do with your main product but everything to do with running a business. Lastly, you don’t have to be ahead of all the competition, just ahead of your clients’ needs.

Jie writes about influencers and startups in various industries. She is a designer turned techie, and when she is not writing, you can find her in her workshop working on her next big project.

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These Are All of the Industries Experiencing The Amazon Takeover

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amazon takeover

Amazon’s continuous growth is prompting the company to expand into a variety of industries well beyond their initial scope of electronic commerce. Beginning as an online bookstore, Amazon now represents the most valuable United States retailer regarding market capitalization. Amazon founder Jeff Bezos is presently the world’s richest personA combination of success and drive for constant expansion is resulting in an Amazon takeover of several important industries. Amazon still reigns supreme as an online retailer, though clearly that title alone is not enough to satisfy Bezos. His areas of interest are vast, including the following.

Brick-and-Mortar Retail

Just last year, the Amazon takeover included Whole Foods, where they were acquired for $13.7 billion. The move continues Amazon’s battle with Walmart to reign supreme in the retail space. On the other side, Walmart is continuing to refine their online space, while remaining America’s top employer. The battle between these two giants will continue to wage on, with Amazon’s interest in the brick-and-mortar space being no secret.

Even before the Whole Foods acquisition, Amazon’s plans to build convenience stores and curbside pickup locations shows a deep infatuation with becoming a strong brick-and-mortar presence. Beyond a mere presence, Amazon is confident that consumers will continue embracing a model that allows them to order online and pick up in person.

Amazon’s opening of the Amazon Go Store in Seattle in January marks an exciting time for these interests. Customers enter the store and scan their Amazon Go app as they do. Cameras and other sensors track customers’ activity as their browse, registering an item into their virtual cart when they take it off the shelf. Customers are charged when they leave the store with their goods. Amazon terms the idea “Just Walk Out” shopping and hopes to attract customers who despise waiting in lines, as many do.

Amazon’s reshaping of the typical brick-and-mortar presence is introducing consumers to new ideas like “Just Walk Out” shopping. Combined with the acquisition of Whole Foods, the company will without a doubt continue to redefine the brick-and-mortar shopping experience.

Delivery

amazon

Amazon has been shaping the delivery industry for many years now, especially since Amazon Prime’s introduction in 2005. The company’s vow to deliver items to Prime customers in two days or less still presents a challenge to online retail competition, who are well aware that they must match these shipping expectations or compensate in some other way, like offering lower prices. Meeting Amazon’s delivery promises and their costs is a major challenge, especially to new eCommerce businesses.

Beyond Amazon Prime’s major influence on shipping expectations among online retailers, Amazon is redefining what the delivery space means through their utilization of drone technology. Specifically, Amazon Prime Air is introducing a new delivery system, where unmanned aerial vehicles can safely get packages to customers in 30 minutes or less.

Amazon, already familiar with quick parcel delivery, is upping the ante even more in the delivery industry with such lofty ambition. Still, with a private trial already underway in the UK, Amazon Prime Air and the use of drones in delivery is a very real aspect of the future. Upon receiving the regulatory support, we can anticipate Amazon Prime Air to be an option for many.

Technology

amazon

It makes sense that Amazon is continuing to make significant moves in the tech sphere. There’s no doubt regarding the company’s technical expertise and how technology can accommodate access to their variety of products.

Among their technological products is Amazon Fire TV, which streams live TV and enables users to watch hundreds of shows and movies. There’s also the Amazon Kindle Fire, which capitalizes on Amazon’s vast digital library in the form of a tablet computer with a seven-inch multi-touch display. Many still view Kindle Fire as a strong competitor to Apple’s iPad.

Amazon’s Dash buttons, while simple, are also an exciting addition to their array of tech. The Dash Button is a single-function controller that consumers can place around their house near items that need replenishing. Need a new order of Tide paper towels? Order a specific Dash button for Tide, put it near the towels and press the button when you notice them running low. They will then arrive on your doorstep in a couple of days.

Entertainment

amazon

Amazon Prime offers much more than free two-day shipping. One of Prime’s most notable benefits is the increasingly impressive Amazon Video platform. The Amazon Prime Video show Transparent won the Golden Globe Award for Best Television Series, Musical or Comedy in 2005, while 2017 Oscar Best Picture nominee Manchester by the Sea is also developed by Amazon Studios.

Amazon is increasing their influence in both TV and film by producing excellent content, including many notable releases in development. They’re emerging as a viable competitor to cable, Netflix and Hulu.

Whether a consumer prefers reading a book or watching a movie, Amazon is seeking to have the entertainment niche covered.

Is This Amazon’s Peak?

Amazon’s firm grasp across multiple industries begs the question: Is this Amazon’s peak? While it’s impossible to tell definitively, stockholders should monitor the situation closely. Amazon has been a model of consistent growth since 2000. Presently, Amazon’s stock trades for approximately 130 times the business’s projected earnings for 2018 and almost four times its projected sales for 2018.

These growth prospects rely on revenue per customer growth. Although there will certainly be customers who increase their spending on Amazon, it’s difficult to think of any huge breakthroughs or offerings that will prompt more revenue per customer, especially upon Prime’s increase to $119 per year. Many customers may opt to spend that on a Costco membership instead.

Additionally, it’s important to note that Amazon’s acquisition of Whole Foods plays a significant role in the stock increases the past year for Amazon. The market seems to be operating under an assumption that Amazon will make a similarly buzzworthy acquisition this year, which is far from a given.

Still, even if market projections seem a bit optimistic at the moment for Amazon, there’s no doubting that the company will continue playing a significant role in shifting expectations within several industries, from delivery and entertainment to the brick-and-mortar experience.

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Why Amazon’s Second Headquarters Should Choose Northern Virginia

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Amazon’s second headquarters

Among the top 20 shortlist for Amazon’s second headquarters, Northern, Virginia is not a stranger to the massive tech company. Amazon CEO Jeff Bezos have frequently conducted business in the region. Bezos is known to own The Washington Post and Amazon’s cloud service AWS is situated in a huge data center in the northern Virginia region. It is no surprise that Northern, VA is listed on the list. This region proved to be a safe home for Bezos’ businesses, it would only make sense that Northern, VA is the next home for HQ2.

While the nation waits for the announcements of Amazon’s second headquarters, speculations rise as Amazon employees crowd ARLnow.com. The local news-source for Arlington Virginia have reported major traffic from an internal Amazon site. The article reporting the county’s green building council had received over 6,000 page views and 3,500 visitors from an Amazon web page that is only visible to Amazon employees. Amazon’s interest in the community’s dedication to sustainability is predicted to help the company’s future development of a sustainable building of their own.

The area is surrounded by copious international airports including Ronald Reagan Washington National Airport, Washington Dulles International Airport, and Richmond International Airport for Amazon’s consideration  of transportation. The bid for Amazon had reports of the Hub property as a potential site for Amazon’s second headquarters. This 85-acre undeveloped location is near the Dulles Airport, perfect for Amazon’s demands.

Amazon’s second headquarters

Amazon announced that they are developing a second headquarter of up to 8 million square feet in order to accommodate 50,000 workers. The plan to bring in 50,000 lucrative jobs to the new location will create billions of dollars in investment for the community. This opportunity for economic expansion does not come often, but neither does a perfect business location in Northern Virginia that is close to Bezos’ other businesses.

A possible site for Amazon’s second headquarters is on the border of Fairfax and Loudoun counties along Metro’s Silver Line. “We are very excited that Northern Virginia is included on the short list as a potential location for Amazon’s second headquarters,” spoke the chairman of the Fairfax County Board of Supervisors, Sharon Bulova. “Fairfax and Loudoun counties are able to offer a great quality of life coupled with an innovative and business friendly culture for future Amazon corporate neighbors and employees. With our highly educated and talented workforce and a location close to Dulles International Airport and a new Silver Line train station, we hope we will have the opportunity to welcome Amazon HQ2 to Virginia.”

Small businesses and agencies within Virginia are able share their professional insight to Amazon now as well. This is why Amazon HQ2 Should Choose Virginia.

If you are an agency from Virginia, and wish to contribute, please fill out this form here: https://ownersmagazine.com/need-talk-marketing-pr-agencies-amazon/

*Sponsored by Penji

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Why Amazon HQ2 Should Choose Chicago

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HQ2

Most of the cities on the top 20 shortlist for Amazon HQ2 had given some extreme proposals. The majority of the pick is located on the East Coast with an important city that is Chicago, Illinois. The city of Chicago is an important business hub that is currently attracting millennial entrepreneurs and corporate talents. The region offers a broad selection of professionals that are specialized in tech, logistics, advertising, and more. This is a huge bonus for Amazon if the tech company picks Chicago as the rightful city for HQ2.

Chicago ranks high in tech, affordability, and infrastructure. These benefits will fulfill Amazon in their search for employment, land, and logistics. The city offers the O’Hare International Airport and Chicago Midway International Airport to the company for traveling affairs. This is just one of the city’s proposal, the entire bid for Chicago was put together by Mayor Rahm Emanuel and Governor Bruce Rauner. There is a promising bid that if Amazon chooses Chicago, then the massive tech company will collect at least $2 billion in incentives and $1.3 billion in tax revenue back. Employees are still expected to pay the taxes, however, it would be Amazon who is receiving that money back and not Illinois.

HQ2

Image From PBS

There are 10 total potential sites to situate HQ2. One includes the Sterling Bay’s 70-acre Lincoln Yards, and many more sites including the Illinois Medical District. The forefront for a new location is The River District, Riverside Investment and Development in River West. This 37-acre site connects to Chicago’s downtown, River North, Fulton Market, and more. The best deal for any other location. 

Amazon will be able to create a substantial amount of benefits from Chicago’s bid for Hq2. Illinois has given over $1.4 billion of tax money to companies like Amazon ever since 2001 when EDGE was created. The EDGE Tax Credit Program provides tax credits for businesses that make capital investments in Illinois and more. The massive tech company is more than qualified for this program and this will be deemed beneficial to Amazon if they participate. 

The Chicago metro area grew by 0.6% and it will only get better from here. The region is populated by a big number of young and educated students from the notable schools of University of Chicago, Northwestern University, Loyola University Chicago, and the University of Illinois at Chicago. The work force in Chicago are tech driven and strives for professional support, which is an attractive atmosphere for all companies. Amazon  should be using up that advantage as well. 

HQ2

Proposals are still being presented to Amazon by representatives. Small businesses and agencies within Chicago are now able share their professional insight to Amazon. This is why Amazon HQ2 Should Choose Chicago.

If you are an agency from Chicago, and wish to contribute, please fill out this form here: https://ownersmagazine.com/need-talk-marketing-pr-agencies-amazon/

*Sponsored by Penji

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