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Digg it UP - Ya' Know What Yur Doin' Thar? If You Don't Know the Nuts & Bolts of Your Business, You Might Stumble
The Public Relations (PR) industry is responsible for creating and maintaining relationships between clients and customers. Through areas such as brand management, advertising, media relations and crisis management, PR practitioners seek to foster interest, trust and belief in a product or company.PR practitioners are aware of how best to carry this out when dealing within their own nations and cultures, however, when dealing with a foreign audience it is critical that cross cultur
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate th
An international hair-cutting chain opened a new store directly across the street from the small town’s only barbershop owned and operated by a man affectionately known to the locals as ‘ol’Joe’.Joe and his barbershop were fixtures on Main Street for over twenty-eight years where he had enjoyed the privilege of trimming the hair on every man and boy in the community. Life was good for ol’Joe back then, but the new ‘Haircuts-R-Us’ across the street was intent on changing all that.When I was in high school, the corner drug store that had survived the depression, was purchased from the Greek owners by a gentleman by the name of Frank. Frank became a good friend, and I kept track of what he was doing.
While the Greek family was waiting for Frank to take over, they changed the way they did business. In the past, they had watched every penny and kept the local school kids in order as to not bother the other customers. At the end, they gave out free ice cream and relaxed their operation. That was their way of saying "goodbye."
Frank took over and I think that maybe he thought the school kids and those playing the pinball machine were his main source of income. Gambling was illegal, but Frank paid out in cash for the number of games won. Cheating was easy as ABC, so Frank often lost.
The store lost money by people stealing, Frank being too generous, and the fact that older customers went up the street a few blocks to another drug store.
Frank had to sellout.
Frank started an automobile repair shop next. He hired a mechanic and sat at his desk waiting for customers to come in. He might have made it if he had been a mechanic himself. He was not a mechanic and the mechanic doing the work could not bring in enough income to pay them both.
Frank's plan was to have a several mechanics to support the operation. Too little business and Frank's lack of knowledge in automotive repair done him in. He was broke and would have to find a job working for somebody else. I don't know what happened to Frank after that, but I'm sure it was not in fulfilling his dream to run a profitable business.
When I was a kid, I watched several businesses started just after WWII fail in our neighborhood. The problems were not always in not knowing the business fundamentals. Often, it was just underestimating the market. But businesses fail everyday of the year because of a lack of assets. Those who start businesses know this. What some of them don't know is that:
"Assets are Not Only Financial".
"An asset is something of value. Something detrimental is a liability. A lack of knowledge is a liability.
The first step in considering a new business is to list and evaluate your assets AND LIABILITIES. Any short comings must be rectified (fixed) before you get too involved.
Home Business Tip: Don't jump too quickly into a new deal if you lack knowledge of the required everyday operations
A Tippy from Flippy: Find the information you need by simply asking those in the business. Also go to local, state, and federal agencies to learn more. And don't forget the Chamber of Commerce and local financial institutions.
Keeping Up with the Jones': In business, it's best to stay ahead of the Jones. Taking care of every aspect of the business will do the trick. But if you slack off, you Will slack off!
Fiddle Dee & Fiddle Dum: Did you write a good business plan, one you are proud off? Tear it up and write it again. When it doesn't look so great because you have identified all of the risk, then you are on your way to either resolving the risk or dumping the project. That is what a business plan is for.
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate the
Competency based interview questions are used in an effort to make the interview process as standard and as fair as possible. It is a technique which is being used increasingly in large organizations where many managers may be interviewing for the same type of position such as in Call Centres or Banking back offices. This method of interviewing is also called Structured Interviewing and uses Behavioural Interview techniques to assess how a candidates past performance in work related situa
The store lost money by people stealing, Frank being too generous, and the fact that older customers went up the street a few blocks to another drug store.
Frank had to sellout.
Frank started an automobile repair shop next. He hired a mechanic and sat at his desk waiting for customers to come in. He might have made it if he had been a mechanic himself. He was not a mechanic and the mechanic doing the work could not bring in enough income to pay them both.
Frank's plan was to have a several mechanics to support the operation. Too little business and Frank's lack of knowledge in automotive repair done him in. He was broke and would have to find a job working for somebody else. I don't know what happened to Frank after that, but I'm sure it was not in fulfilling his dream to run a profitable business.
When I was a kid, I watched several businesses started just after WWII fail in our neighborhood. The problems were not always in not knowing the business fundamentals. Often, it was just underestimating the market. But businesses fail everyday of the year because of a lack of assets. Those who start businesses know this. What some of them don't know is that:
"Assets are Not Only Financial".
"An asset is something of value. Something detrimental is a liability. A lack of knowledge is a liability.
The first step in considering a new business is to list and evaluate your assets AND LIABILITIES. Any short comings must be rectified (fixed) before you get too involved.
Home Business Tip: Don't jump too quickly into a new deal if you lack knowledge of the required everyday operations
A Tippy from Flippy: Find the information you need by simply asking those in the business. Also go to local, state, and federal agencies to learn more. And don't forget the Chamber of Commerce and local financial institutions.
Keeping Up with the Jones': In business, it's best to stay ahead of the Jones. Taking care of every aspect of the business will do the trick. But if you slack off, you Will slack off!
Fiddle Dee & Fiddle Dum: Did you write a good business plan, one you are proud off? Tear it up and write it again. When it doesn't look so great because you have identified all of the risk, then you are on your way to either resolving the risk or dumping the project. That is what a business plan is for.
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate th
Let's chat briefly chat about a key ingredient in the sales game. You see, most people know how to introduce a product and passionately list the benefits to sway a customer's position about a product to bring them to the point of sale.However, what's usually missing is the ability to finalize the sale. In all reality, it shouldn't be that hard. But what really keeps you from making the sale?Well, sometimes it's guilt. Maybe you feel like you are cheating someone out of thei
When I was a kid, I watched several businesses started just after WWII fail in our neighborhood. The problems were not always in not knowing the business fundamentals. Often, it was just underestimating the market. But businesses fail everyday of the year because of a lack of assets. Those who start businesses know this. What some of them don't know is that:
"Assets are Not Only Financial".
"An asset is something of value. Something detrimental is a liability. A lack of knowledge is a liability.
The first step in considering a new business is to list and evaluate your assets AND LIABILITIES. Any short comings must be rectified (fixed) before you get too involved.
Home Business Tip: Don't jump too quickly into a new deal if you lack knowledge of the required everyday operations
A Tippy from Flippy: Find the information you need by simply asking those in the business. Also go to local, state, and federal agencies to learn more. And don't forget the Chamber of Commerce and local financial institutions.
Keeping Up with the Jones': In business, it's best to stay ahead of the Jones. Taking care of every aspect of the business will do the trick. But if you slack off, you Will slack off!
Fiddle Dee & Fiddle Dum: Did you write a good business plan, one you are proud off? Tear it up and write it again. When it doesn't look so great because you have identified all of the risk, then you are on your way to either resolving the risk or dumping the project. That is what a business plan is for.
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate th
So, you've decided you want to start your own business. You have a novel product to sell or an expert service to deliver. You're sure of your abilities to produce products or deliver services. But you're a little intimidated by the other rolls you must learn as a small business owner: salesman, marketer, accountant, human resources manager and more. Luckily there are a number of excellent resources for beginning entrepreneurs to learn the ropes of owning their own business. Among the wide
Home Business Tip: Don't jump too quickly into a new deal if you lack knowledge of the required everyday operations
A Tippy from Flippy: Find the information you need by simply asking those in the business. Also go to local, state, and federal agencies to learn more. And don't forget the Chamber of Commerce and local financial institutions.
Keeping Up with the Jones': In business, it's best to stay ahead of the Jones. Taking care of every aspect of the business will do the trick. But if you slack off, you Will slack off!
Fiddle Dee & Fiddle Dum: Did you write a good business plan, one you are proud off? Tear it up and write it again. When it doesn't look so great because you have identified all of the risk, then you are on your way to either resolving the risk or dumping the project. That is what a business plan is for.
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate th
Interviewing? Carry a portfolio of goodies to win the job.No, I don’t mean candy or sweets. When you go on an interview you should have some idea of what the prospective employer is looking for and what the job duties are going to be. This is what they are planning on buying from you. The skills necessary to perform the job are what you are selling. Take some examples of your skills and achievements with you on the interview. As a recruiter with 30 years experience I can tell you t
Can't Ya' Get Goin'?: Must be too small a carrot. Start over!
All Things Come: It's not always what you have in your pocket that brings you success, it is wisdom to recognize your assets and liabilities.
Life Success Quotation: Great men sometimes end up in the gutter. Some get up and get going again. Others give up and die in oblivion. The difference is in recognition of ones own capabilities and opportunities.
Business Success Quotation: Seek the advice of others, but you must evaluate the speaker. If you don't, you may be led astray. The answer you have been looking for may not be the right answer. Push on!
From the Eye of the Potato: You need to know the details of your business to succeed.
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