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Other Added - DIVERSITY is a BIG word -- With A HUGE Business IMPACT
This may come as a surprise but it is, unfortunately, the reality. According to a recent Gallup study, only 29% of the workers polled were actively engaged in their work. And what, you're probably asking, exactly IS employee engagement? That is a very good question, and simply stated, it is the level of connection your employee has with you, your company, and the work you have him perform.The really scary information about this poll is the fact that a full 59% of the workers polled by Gallup stated that they were simply sleepwalking th
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful.
Have you created any products to serve your customers? The great thing about products is that you can create something once, then sell it again and again as you share it with lots of new people."Make one, sell many" products include books, CDs and audio programs, computer software, art, inventions, games, and other forms of intellectual property.Scott Adams, who created "Dilbert," says that he became a cartoonist because he liked the idea of being paid multiple times for the same work. He draws a comic strip and is paid by the newspapers t
You can sit back and simply enjoy the day. Let tomorrow take care of itself. Can't you just hear it? I've got my money "salted" away in a safe place. Getting great returns. No risk! Where? I'm invested in the dot.com firms of the future..... remember the bubble that burst?
YOUR BUSINESS
Obviously, you get the point. There is little need to bash the dot.com failures. Our goal is YOUR business. Your future expansions for growth.
EXPERIENCE is an expensive teacher. There are BETTER resources. Some of us have learned in the School of Hard Knocks. At least YOU can benefit by knowing some of our mistakes which we freely expose for your perusal.
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful.
I can’t afford to retire; I need additional income to support my wife and I in the lifestyle we are accustomed to. Our pensions and savings just don’t do the trick.Sound familiar? Too many people in their fifties and sixties plus are discovering that they need to find a way to supplement their retirement incomes.They don’t want to continue to work in the jobs they have held all their lives. They want to be on their own working from home in their own business.They want more leisure time, more income, and more respect. The good news i
YOUR BUSINESS
Obviously, you get the point. There is little need to bash the dot.com failures. Our goal is YOUR business. Your future expansions for growth.
EXPERIENCE is an expensive teacher. There are BETTER resources. Some of us have learned in the School of Hard Knocks. At least YOU can benefit by knowing some of our mistakes which we freely expose for your perusal.
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful.
Questions are a powerful communication tool that can help you advance your business, gain rapport with friends, and create harmony at home.Yet, many people avoid asking questions. They believe that asking questions implies weakness, reveals ignorance, or shows submission. People also avoid questions because they fear answers that cause change. And so, they prefer to continue making mistakes or to suffer with having less.Actually, asking questions is powerful. When you ask questions, you choose the topic and guide the conversation. The key
Yes, most of our mistakes were NOT smart. Could have been easily corrected. Most 'goofs' are so obvious AFTER the fact it's embarassing to tell anyone.
DIVERSITY Is KEY --
Is that just a nice "sounding" word? Only to those who FAIL to understand it's HUGE impact. SUDDENLY! Almost an Overnight kick.... your financial well being can be GONE.
Many of us have been there. All of our business LINKED to ONE account. Are you in that position now? I hear you loud and clear. You are saying, "I'm making good money and business is great. Why should I change?"
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful.
Q: When it comes to succeeding in business, which do you think is more important: education or experience? -- Regina M.A: Regina, have you seen the television show, Fear Factor? If you haven't seen it you've probably heard about it. Fear Factor is the show where they put contestants through all sorts of pseudo-death defying feats like bungee jumping off a bridge over a pool of crocodiles and driving a car through a wall of fire (you know, the stuff we did for fun in high school).The contestant who overcomes their personal fear factor wins
If that is the case, YOU are NOT in control. Unless you have a service or product without equal or competition, YOU are at risk. Simply ask... if my ONE customer or my major customer GOES AWAY tomorrow... what happens to my business?
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful.
Silicon molding services produce molded components made from silicon. Silicone rubber is a two-component, synthetic, flexible rubber like material made from silicone elastomers that can be cured at room temperature into a solid elastomer used in molding. It is heat resistant, durable and free of allergens or leachable chemicals. Liquid silicone is similar to normal silicone, but has different processing characteristics. It is purchased as a two-part raw material with a grease-like viscosity. Nowadays injection molding of liquid silicon rubber is becom
Are your equipment debts personally guaranteed? Is your home at risk? Do you have a long-term office/warehouse lease? Bank loans?
OUR EXPERIENCE
Yes, I was fortunate and survived. At the time, I had several businesses not dependent on each other. Regardless,the impact and surprise income loss was real.
For 10 years it was wonderful. Profits were basically guaranteed. A major Insurance company needed "outside" typists. Large companies do strange things. Head-count! Move staff (human resource) cost to "service" overhead expense.
Situations change! Buyers of services RETIRE. Management gets promoted to a new location. Offices consolidate. DOWNsize. UPsize. Go out of business! Bankrupt yet still oweing you money that will never come.
Most of the above happened! Our "connection" moved. I had no idea the company was going to suddenly NO LONGER need our services.
It's happening around us every day. Technology! Yesterday is gone -- history. New ways of doing business. Automation. Push-button society. Home based workers.
In a FLASH! ONE day! Our business (95%) was gone. We had NO warning at all before the doors shut in our face.
WHAT COULD HAVE HAPPENED?
To capsule, we were able to use the equipment in our other businesses. Our lease on the space had NOT been renewed. Our own staff was transferred within. We lucked out!!
However, I "shudder" to think of the consequences that could have forced most folks out of business.
Had we signed another 5-year lease, the cost would have exceeded our PROFIT for the prior 10 years.
Equipment leases would still hang over our heads. Staff? Their jobs would have been gone in a flash.
YOUR CHALLENGE
Step back and look carefully at your business risks. Don't assume anything. Your "good old" boy network has NO guarantees.
Make DIVERSITY your #1 priority in 2005. Add new clients. Add new products.
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