|
Other Added - The 10 'Silliest Bits of Advice' to Ignore when Buying or Running a Business
Misconduct Investigations: When Punting Can Save the GameA bungled investigation can quickly turn a reasonable, still employed complainant into a hurt, damaged and angry former-employee-plaintiff. --AnonymousFor Tammie C. Allen, former admin assistant to MTSU President Sidney McPhee, the unsolicited advances, kisses, groping and requests for sexual activities from her boss were less injurious than the humiliating and biased sexual harassment investigation that followed her complaint. She expressed this outrage in a civil complaint, seeking monetary redress for incurred medical expenses and "severe emotional distress, mental anguish, indignation, wounded pride, shame and despair." Among the allegations: the investigators were under the direct supervision of the alleged offender; Ms. Allen’s attempts to provide the investigators with more witnesses to the alleged sexual harassment were ignored; Allen took a polygraph test in November to prove her case, but the TBR refused to consider that as a piece of evidence; her request for a meeting to discuss the findings o t 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research. "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your International Construction On DemandThe largest manufacturers of heavy construction equipment are located in the United States, Japan, Germany, France and the United Kingdom. Whereas the second largest and less competitive manufacturers of heavy construction equipment are found in Canada, China, Russia, Latin America, South Korea, Italy, Belgium and Sweden. Yet this position can shift easily with today's ever changing market trends and with developing countries being able to attract heavy construction equipment manufacturers by offering low material and labor costs.The global demand of heavy construction equipment is widespread and on a large-scale of production with almost thirty percent entering the foreign market every year. This market has been defined by the major flows among the already developed countries and by the large-scale importing by the developing countries with little domestic production.Next to the United States, Japan has been the dominant net exporter of heavy construction equipment with Germany and the United Kingdom followin As soon as you talk to friends and associates about going into business there will be no shortage of tips, advice and guidance offered to you. It's important to talk with others who have are experienced in business, especially those who have been successful. Think twice about taking advice from anyone in business without a successful track record. This includes advisers whose advice contradicts that given by highly successful business owners.The following are 10 bits of advice which are straight out silly and stupid. If you are ever contemplating buying or running a business make sure you ignore these so called "pearls of wisdom" when they are "thrown" at you.
- "You will make a fortune - go for it."
People who tell you that you will make a fortune and encourage you to get right into business without taking the time to talk with you and assess what your business is all about are simply fools. If they are not in a successful business themselves, then they are not only fools, but also idiots. Steer well clear from this advice. Make sure all your decisions are based on sound research and facts. If necessary get a second and third opinion. You can never get too much advice from those people who know what they are doing.
- "All you need to do is think success."
You can think success all you like, but you'll get nowhere unless you "get off your bike", sit down with your advisers and put your business ideas into action. Success has nothing to do with luck, or with visualization or any other "airy fairy" notion. Success comes through hard work, sound planning, adequate finance, motivation, family support, detailed research, knowledge of the market, seeing how your competitors are doing, setting achievable goals, balancing work with time out and using good old common sense.
- "You'll be able to enjoy your life now, working whatever hours you want."
Don't fall into this trap. You may find that when you start working for yourself you will have to put in more hours than when you were working for a boss. There is no such thing as closing time at 5 o'clock if you are self-employed. There are obviously more opportunities to restructure your hours to suit your lifestyle and your family, but never forget that if you don't put the hours in, you will not produce sufficient income to make your business successful. You'll need to discipline your time so your business hours are used only for business and then work in a balance so you have time out for relaxation and even a cup of coffee when you feel like it.
- "If you have a strong enough dream - you'll make it."
Once again, you can dream all you like, but nothing's going to happen unless you get out there and do it. Your dreams should be your motivation. While there is some truth to the saying - "visualise success in order to be successful" - this only applies to the fact that unless you can visualise success, then there is nothing to strive for. Anyone can dream, because dreams are easy and dreams are free. Converting those dreams to success and profit needs something else. That something is planning, effort and commitment. Don't simply be a dreamer. Be a doer.
- "There's no reason why you can't be as successful as so-and-so."
This is not entirely a myth, because there is no reason why you can't achieve some success. You have the same amount of brain matter as anyone else. You may even be smarter or more creative than others - but this can also work the other way. Other people may have qualities such as entrepreneurial drive or plenty of family money to help them in their business. Use the success of others as motivation, but never get the idea that being successful is going to be easy because so-and-so has done it. Your success or otherwise will depend entirely on you.
- "Don't do it - too many people fail in business."
Statistics show that over 70% of businesses close up or fail within the first 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research.
- "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your c Aluminum Utility Trailer Basics And Some Points Of ConcernManeuverability and safety should be of utmost consideration when towing any trailer or non powered vehicle. Whether you choose a fixed hitch or one that pivots to increase increase or unloading material, special care must be taken to ensure the trailer is attached securely and safely to the vehicle that is towing it. All utility trailers should be attached by a backup security chain in case the hitch and or ball fail to hold the trailer.Most aluminum utility trailers have a floating axle construction to allow adjustments to various load requirements. A few come in single axle for smaller, shorter trips, but for longer hauls and larger loads tandem axles offer greater security and ease of towing.Some other safety features include heavy-duty spring suspension, adequate tires engineered to hold the manufacturers suggested weight requirements and side and rear LED trailer light mechanisms that can be wired to the towing vehicle. An aluminum utility trailer must also be equipped with a secure bumper, reliable tow also idiots. Steer well clear from this advice. Make sure all your decisions are based on sound research and facts. If necessary get a second and third opinion. You can never get too much advice from those people who know what they are doing.
- "All you need to do is think success."
You can think success all you like, but you'll get nowhere unless you "get off your bike", sit down with your advisers and put your business ideas into action. Success has nothing to do with luck, or with visualization or any other "airy fairy" notion. Success comes through hard work, sound planning, adequate finance, motivation, family support, detailed research, knowledge of the market, seeing how your competitors are doing, setting achievable goals, balancing work with time out and using good old common sense.
- "You'll be able to enjoy your life now, working whatever hours you want."
Don't fall into this trap. You may find that when you start working for yourself you will have to put in more hours than when you were working for a boss. There is no such thing as closing time at 5 o'clock if you are self-employed. There are obviously more opportunities to restructure your hours to suit your lifestyle and your family, but never forget that if you don't put the hours in, you will not produce sufficient income to make your business successful. You'll need to discipline your time so your business hours are used only for business and then work in a balance so you have time out for relaxation and even a cup of coffee when you feel like it.
- "If you have a strong enough dream - you'll make it."
Once again, you can dream all you like, but nothing's going to happen unless you get out there and do it. Your dreams should be your motivation. While there is some truth to the saying - "visualise success in order to be successful" - this only applies to the fact that unless you can visualise success, then there is nothing to strive for. Anyone can dream, because dreams are easy and dreams are free. Converting those dreams to success and profit needs something else. That something is planning, effort and commitment. Don't simply be a dreamer. Be a doer.
- "There's no reason why you can't be as successful as so-and-so."
This is not entirely a myth, because there is no reason why you can't achieve some success. You have the same amount of brain matter as anyone else. You may even be smarter or more creative than others - but this can also work the other way. Other people may have qualities such as entrepreneurial drive or plenty of family money to help them in their business. Use the success of others as motivation, but never get the idea that being successful is going to be easy because so-and-so has done it. Your success or otherwise will depend entirely on you.
- "Don't do it - too many people fail in business."
Statistics show that over 70% of businesses close up or fail within the first 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research.
- "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your Protecting Blueprints at the Construction SiteBlueprints are a critical part of any construction job, whether the job is big or small. In all cases, the ubiquitous blueprint is always in danger of being torn, damage, stained, or just worn out.Contractors typically carry blueprints as rolled documents which are referenced repeated times during a work day at the construction site. The potential dangers for blueprints include general wear and tear, weather, coffee spills, burns from cigarette ashes, and dirt and grime. The contractor often travels from site to site with the rolled blueprints tossed causally in the truck. If you have ever been to a construction site, you know that they are a chaotic and dirty place; this makes protecting blueprints at a construction site a full-time job. Thus, the life of a blueprint at the construction is short.Luckily new options now exist in the form of storing blueprints in plastic covers. These covers are proving to be a good method to protect files from coffee spills, weather, or dirt. They can also protect the document elf you will have to put in more hours than when you were working for a boss. There is no such thing as closing time at 5 o'clock if you are self-employed. There are obviously more opportunities to restructure your hours to suit your lifestyle and your family, but never forget that if you don't put the hours in, you will not produce sufficient income to make your business successful. You'll need to discipline your time so your business hours are used only for business and then work in a balance so you have time out for relaxation and even a cup of coffee when you feel like it.
- "If you have a strong enough dream - you'll make it."
Once again, you can dream all you like, but nothing's going to happen unless you get out there and do it. Your dreams should be your motivation. While there is some truth to the saying - "visualise success in order to be successful" - this only applies to the fact that unless you can visualise success, then there is nothing to strive for. Anyone can dream, because dreams are easy and dreams are free. Converting those dreams to success and profit needs something else. That something is planning, effort and commitment. Don't simply be a dreamer. Be a doer.
- "There's no reason why you can't be as successful as so-and-so."
This is not entirely a myth, because there is no reason why you can't achieve some success. You have the same amount of brain matter as anyone else. You may even be smarter or more creative than others - but this can also work the other way. Other people may have qualities such as entrepreneurial drive or plenty of family money to help them in their business. Use the success of others as motivation, but never get the idea that being successful is going to be easy because so-and-so has done it. Your success or otherwise will depend entirely on you.
- "Don't do it - too many people fail in business."
Statistics show that over 70% of businesses close up or fail within the first 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research.
- "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your Communicating with Financial Analysts about Stock Options BackdatingMost Financial analysts (Buy and Sell Side) are likely aware of the inquiry from the SEC into your company. Your Investor Relations organization has to be:a) Proactive about communicating
b) Forthright with what they know and dont know
c) Resist speculating the outcomes and possible causality
d) Be clear about timelines and milestones
e) Be honest about impact to employee morale, customer momentum and partner/supplier concerns.Address these questions below in a clear, concise manner and you will have a better crisis handling experience:1. Will the restatement have a material impact on your previous years earnings, revenues and cash flow, balance sheet, etc.?2. What is the extent of the options backdating? How many instances and how long was this going on?3. Have you formed a special committee to look into the matter? Who in the Board of Directors is heading up the audit committee? What experience do they have in dealing with crisis of this magnitude before?4. W eam, because dreams are easy and dreams are free. Converting those dreams to success and profit needs something else. That something is planning, effort and commitment. Don't simply be a dreamer. Be a doer.
- "There's no reason why you can't be as successful as so-and-so."
This is not entirely a myth, because there is no reason why you can't achieve some success. You have the same amount of brain matter as anyone else. You may even be smarter or more creative than others - but this can also work the other way. Other people may have qualities such as entrepreneurial drive or plenty of family money to help them in their business. Use the success of others as motivation, but never get the idea that being successful is going to be easy because so-and-so has done it. Your success or otherwise will depend entirely on you.
- "Don't do it - too many people fail in business."
Statistics show that over 70% of businesses close up or fail within the first 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research.
- "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your Will Retail Chains Lose Their Dominance?In most industrialised nations the the supply chain of goods from source to
end user has changed little for many years. Firstly there are the producers. Then the wholesaler, then the retailer and then the customer and consumer.In the U.S. the supply chain has always been pulled by downstream consumers.
Europe had a different history where a mixture of world wars and interventionist
governments led to supply chains that were pushed from the upstream end.
Certainly, the rationing of the 1940's and beyond led to a culture of consumers
who got what they were given and were thankful for small mercies.As Europe has become more affluent, consumers have flexed their muscles and
demanded an ever wider array of goods at a range of prices and standards. It has
now joined the U.S. and most other industrialised nations with consumer-led
supply chains.A feature of this has been the trend towards large retail chains. Many of
these chains have become so large that they have virtually dispensed with
wholesale t 3 to 5 years. These are disastrous statistics. They're enough to put anyone off planning any type of self-employment. Someone once told this story: "Maestro, said the surgeon to the famous musician, I played for you at a master class. You advised me to stop playing professionally. You said I would never be great. I want to thank you because I listened to your advice and became a doctor. The maestro peered at the surgeon and said, 'I don't remember you - because I tell all my students that. The great ones ignore my advice and continue anyway'." Don't allow the "you'll probably fail" advice to put you off. Follow what may have been in your heart for a long time. Sit down and talk with others and then assess whether you should continue after weighing up all the facts obtained from your research.
- "You should be okay, but you need to build up your confidence."
You may be lacking in confidence, but confidence is only a part of what you need to be truly successful in business. Your confidence will grow as you achieve some of the goals you set yourself. Confidence comes from experience and experience comes from mistakes. Mistakes come from just doing it. There's nothing wrong with making a few mistakes along the way, but if you hold back because someone said you don't have the confidence, then you will do yourself a disservice. If you lack confidence, do some business courses, carry out research on your type of business, talk to other business owners in your industry, discuss it with an experienced and positive business adviser, etc. Confidence miraculously comes when you put that first foot forward. Just do it.
- "You can always return to what you were doing before."
Never allow yourself an easy way out - because at the first sign of trouble, you'll take it. In any event, if you leave your well-paid job to go into business and then find you are not successful, it may not be that easy to return to your former trade or occupation. There is no doubt that you could do it, but you would lose a lot of ground by leaving a secure job and then returning back to start from the ground floor up again. Also, the fact that your business failed would not look too good on your resume. Remember - while it seems an easy move, in reality it may not be. Think winning not retreating. Take no prisoners.
- "Don't worry, be happy."
If contemplating going into business, then this little saying is probably the silliest bit advice of all. Business is not a game. You will have hard times as well as good times. You will have problems - from staff, or being sued by another company. You can always count on a disaster or two, such as goods going astray or your premises being burgled. So prepare for it. Try also to keep in mind this one thing - stay out of court at all costs. Try and settle your differences together rather than going to law because it will cost "heaps" in money, time and heartache. Depending on the seriousness of the action, it will cost you in extra years added to your life from the stress of it all. Business generally brings with it worries - at times. However, to offset this - being in business can also bring happiness and satisfaction. If you study how to run a business, listen to advisers and work hard to follow the basic principles for success, then your chances of being happy, wealthy and fulfilled are pretty high.
- "You can quit anytime anyway"
If you buy a business with that thought in your heart, you will most likely not stay the distance. At the first sign of stress or difficulty you'll give it away. Don't quit. Nothing beats perseverance. The tiny drip of water hitting the iron bar - day after day, hour after hour, minute after minute, second after second - will eventually corrode and smash it. Nothing can stand in your way if you are determined to win. No one can stop you succeeding except you. If you don't quit you'll make it! That's the catch cry used by the multi billion dollar AMWAY industry's sales millionaires.
Never ever quit. Never surrender - ever.
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.otheradded.com/article/4361/otheradded-The-10-Silliest-Bits-of-Advice-to-Ignore-when-Buying-or-Running-a-Business.html">The 10 'Silliest Bits of Advice' to Ignore when Buying or Running a Business</a>
BB link (for phorums):
[url=http://www.otheradded.com/article/4361/otheradded-The-10-Silliest-Bits-of-Advice-to-Ignore-when-Buying-or-Running-a-Business.html]The 10 'Silliest Bits of Advice' to Ignore when Buying or Running a Business[/url]
Related Articles:
Gambling Merchant Accounts – 10 Points to Ponder
Choosing a gambling merchant account, much like choosing any other merchant account or online payment gateway, requires a good deal of thought and consideration, as the main purpose of an Internet payment gateway is to ensure the safe and secure transaction of funds between an online service provider and a client.
Dialing For Dollars
You are most likely missing out on more clients than you think. Do you have more quality clients than you can handle? There is a time tested way of increasing your business and you already know what it is.
Restaurant Equipment Tips: Energy Conservation Equals Higher Profits
We at Jean's Restaurant Supply want you to succeed with your business venture and rising energy costs are on the forefront of everyone's minds. Inefficient, or inefficient use of, food preparation equipment is the second-largest energy drain on your restaurant's profits. So here at Jean's Restaurant Supply, we have compiled some energy-saving tips for your commercial broilers and fryers.
|