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- 2007-11-13 22:16:19 - Top ten ways to increase your profitability
- 1) Go back to basics. Take a couple of steps back and address the fundamental facts or principles of your business. Going back to basics can mean cleaning the slate and focusing on basic elements that create success.2) Come from a place of Integrity. As the saying goes " Honesty is the best policy." Base all your decisions and actions on integrity. What do you know to be true?...
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- 2007-11-13 22:16:19 - Rx for falling corporate profits
- Once again the squeeze is on as renewed inflation worries slow the economy's growth and many companies resort to believing that cost cutting is the best means to scramble back to profitability in an uncertain economy. The problem with this classic approach is that it sends the clear message to your brightest and best talent that no matter how well they perform, today there is no job security. Not ...
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- 2007-11-13 22:16:19 - Entrepreneurship: insight and closer look at the entrepreneur
- Life as an entrepreneur is the American Dream. To be able to be your own boss, own your own business, never report to anyone else, work from home, make unlimited earnings and income potential, etc. Owning your own business most definitely has its perks. But on the other hand, there are the downsides. However, being an entrepreneur myself I view these only as challenges. The will to work hard, fana...
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- 2007-11-13 22:16:19 - Traits and skills of successful internet entrepreneurs
- There are certain traits and skills that many successful online entrepreneurs have in common. Some mentioned in this article may seem simple, but don't overlook their importance.You may not personally be strong in all areas, but you can get by as long as you can delegate tasks that call for them to someone on your team that is.Good CommunicatorWhether you are co...
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- 2007-11-13 22:16:19 - Meet success: business profile of sylvia acevedo, communicard owner
- Sylvia Acevedo needed a break from her technology job so she bought an old Victorian house to remodel into a bed and breakfast. "Being an engineer working in technology, I really felt I didn't do a lot of tangible work. But with the bed and breakfast, at the end of the day, I felt like I had actually done something."And, of course, she had-because as she renovated the house, she transformed...
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- 2007-11-13 22:16:19 - 100% of nothing
- What would it be worth to you to receive a steady stream of new customers with little or no effort on your part? Would you be willing to pay 10% of the revenue they generate? 20%? 50%? Or do you believe that you can't afford to pay anything?During a recent discussion, I was surprised that people said they could not afford to 'give up' 20% in commissions to reach new customers. If you have m...
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- 2007-11-13 22:16:19 - Franchises-exit strategy
- At an International Franchising Symposium in London, Peter Holt made the bold statement to his audience of Franchisors that they needed to understand that their business would fail, and in fact all businesses are bound for failure. Needless to say, there were a few shocked faces in the crowd. He was making the point that it really is just a matter of the number of calendar flips before time strang...
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- 2007-11-13 22:16:19 - Entrepreneurs, are you hauling buckets?
- Once upon a time, there was a village on the banks of a fine, clear river. The villagers all drew their water from the river, and used it to cook, and bathe and water their gardens. Life was good.During one particular rainy season, the river flooded. When the water went down, the river had cut itself a new channel, far from the village.The wise village elders conferred and decided to...
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- 2007-11-13 22:16:19 - Questions for the entrepreneur to be
- Entrepreneurial e-gnorancePart 1: Questions for the entrepreneur to beIf you are an entrepreneur starting out, or have been around the block for some time but are yet to hit on the jackpot, you might be missing out some of the cornerstones of doing busingg through the new age media, the internet. Ask yourself the following questions and in seeking out answers to the, you may find the...
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- 2007-11-13 22:16:19 - How entrepreneurs succeed - the 5 qualities needed for business success
- What is it that sets a successful businessperson apart from an average businessperson? Is it down to pure and simple luck, or is it all about having an amazing idea and a successful and strategic business plan in place?Well, these factors do indeed go a long way to turning a good business idea into a successful business operation, but they have nothing to do with what makes the 'person' suc...
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- 2007-11-13 22:16:19 - The heroic entrepreneur: profiting from your brilliance
- If you look up the definition of hero in Webster's, you'll find a definition something like, 'A person noted for feats of courage or nobility of purpose, especially one who has risked or sacrificed his or her life: soldiers and nurses who were heroes in an unpopular war'. Some heroes in our lives have earned that badge of honor by doing something everyone feels is heroic as defined in the traditio...
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- 2007-11-13 22:16:19 - Good questions, good answers; bad questions, bad replies
- I'm convinced that asking the right questions is one of the most important skills you need to become a successful business person. Questions have the power to direct you or to distort you. The right kind of questions will direct you to success the wrong kind of questions will direct you to bankruptcy.Let me ask you a question, have you ever realized how often people ask questions? Why is th...
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- 2007-11-13 22:16:19 - What makes an entrepreneur?
- Rupert Steiner in his book 'My First Break' attempted to define the secret of becoming an entrepreneur and following interviews with over one hundred entrepreneurs, Steiner concluded that there was not one defined path. He has, however, drawn out observations of an entrepreneur's personality traits. They have a tendency to be rebels, outsiders, original thinkers, risk takers and break new ground. ...
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- 2007-11-13 22:16:19 - Can you make money without money?
- When I ask why you don't start your own business, I always hear, "I don't have money to start a business."This is a common excuse people give for not starting their own business.There is truth in the statement. You actually need money to make money or to start a business. But the question is "Do you need a lot of money or little to start a business?" and "Whose money do you use?"...
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- 2007-11-13 22:16:19 - Are you ready to be your own boss?
- You have this burning desire you want to be on your own. The temptation is so great that you want to quit your job. Enough is enough. You're sick of working for other people for a ridiculous pay.To be your own boss means controlling your own destiny, having your own time and no bosses to report to. Basically, you can do whatever you want.But before you really jump into a new territor...
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- 2007-11-13 22:16:19 - Will your business survive without you?
- I had a health scare in December.As it turns out, everything's perfectly okay. But the possibility of things not being okay really knocked me for a loop.For the first time ... ever ... I thought about what would happen to my business if I suddenly weren't around to take care of it.What an eye-opener!Fact is, I'm the only person who really knows how things work in my bus...
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- 2007-11-13 22:16:19 - Beware the opposition!
- Any time you make changes in your life you are going to be met with opposition from people who would prefer you to stay exactly as you are. Sadly, these people are often the ones that love you the most; your family, friends, partners and even work colleagues. However, in your moments of entrepreneurial seizure, the greatest opposition that you will experience (particularly if you're a seasoned emp...
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- 2007-11-13 22:16:19 - Customers - why should they buy from you?
- There are a whole range of reasons why customers buy a product or service. They usually buy to solve either real or perceived problems. They want to move away from pain and towards pleasure. They want to feel better after having made the decision to buy a product or service than they did before.Customers will buy from you if you meet these criteria. However there are other reasons they will...
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- 2007-11-13 22:16:19 - Business name - how to choose one
- It's very important to get your business name right. You may already have a business name but it's not too late to change it. Let's face it; big organisations change their business and product names all the time.I named my business Fairweather Associates when I started in 1993. However, when I attended networking events with my name badge on my lapel, people would ask - "Are you lawyers or ...
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- 2007-11-13 22:16:19 - Outcomes - thats what you need to focus on
- Successful business owners and managers need to be very clear about what outcomes they want. Whether you call them goals, objectives or targets, these are the factors that you're ultimately judged on. Outcomes determine whether your business is a success or a failure.If you're an employed manager, you'll find them in your job description or contract and I'm sure your boss will concentrate o...
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- 2007-11-13 22:16:19 - Think - dont react
- How you think, your relationship with yourself is what decides how well you communicate with your customers and relate to your team.The most important relationship you'll ever have is the one you have with yourself so you've got to get that right.Henry Ford said, (he was the guy who started all the traffic chaos)- "Thinking is the hardest work there is, that's why so few people do it...
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- 2007-11-13 22:16:19 - Dream it, create it, become it! design a dream board
- Have you ever heard of "Dream Boards" or "Treasure Maps"? A Dream Board is a visual picture of the dreams you have for your life. Some of my clients also use this concept to visualize their businesses! It's their first business plan. One thing that is important to remember, though, is not to "get stuck" on your dream boards. We all have plans for our future, but it's important to watch the univers...
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- 2007-11-13 22:16:19 - The new paradigm for entrepreneurial success
- Entrepreneurship is a great magnet to deliver new ideas, unique approaches and innovative technologies. When conducted in a proper way, turning people into entrepreneurs improves a country's economic situation and aids sustainable progress. However, transition to become an entrepreneur is not that aspiring to all. Risks and uncertainties involved in starting a new business coupled with stagnant ec...
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- 2007-11-13 22:16:19 - Innovation incubator: build it and keep it running
- If your company is like the one I work for, your people are talking about the need for innovation. Mine has just announced a new program "that will bring a standardized approach to gathering and evaluating your ideas for generating new revenue and improving our business." An Innovation Team has just formed, with a new electronic mailbox and a contest offering cash prizes for the year's best ideas....
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- 2007-11-13 22:16:19 - Business planning for college students and first-time entrepreneurs
- More and more students, both in undergraduate and graduate institutions, are deciding to launch their own ventures upon graduation rather than taking the traditional route of working for another firm. Likewise, more and more individuals are leaving their jobs to fulfill their entrepreneurial dreams.While these ventures may ultimately be very successful (e.g., Google and Microsoft were both ...
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- 2007-11-13 22:16:19 - Taking charge and getting results: the choice is yours
- As one of the most successful direct sales entrepreneurs in the industry, I have found there are two kinds of people in the world, those who would like success and those who are serious about success. There really is no in between. Think about it. Everyone wants success in their life; they want to make more money, have more time, have less stress and really make their mark in the world. The people...
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- 2007-11-13 22:16:19 - Can a microbusiness help you enjoy a better retirement?
- Not having enough money for a comfortable retirement tops the list of financial concerns among aging Americans, according to a recent Gallup Poll. It even outweighs peoples' worries about having a serious illness or accident.With statistics showing that Americans can expect to live 20 or more years after reaching retirement age and our longevity continuing to inch upward, these fears could ...
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- 2007-11-13 22:16:19 - An original perspective on waging conflict as a way to promote and restore self-dignity
- Conflict is a fact of life for all of us, but too many painful consequences are generated by avoiding or managing it in the wrong way. When we deal with everybody else day after day in any capacity as leaders or team managers, is inevitable that we will be personally confronted with conflict. Our jobs, our reputation and our own satisfaction level are contingent upon knowing a basic principle to u...
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- 2007-11-13 22:16:19 - Small business outsourcing: an introduction
- Outsourcing is the delegation of a business process to an external service provider. The service provider will then be responsible for the day-to-day running and maintenance of the delegated process.Before outsourcing an IT function, look at your firm's own goals and culture. Price might be a key consideration, but a valuable outsourcing firm is more a business partner than a service provid...
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- 2007-11-13 22:16:19 - Joint accountability: another key for your effectiveness
- I once was part of a group of management professors who often taught in executive development seminars. Other non-management professors in the school ran these. Occasionally these non-management professors would approach someone else in the management group to express their concerns about our teaching - they wouldn't approach the person who had taught for them.For example, if I had taught t...
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