Archive for the 'Best Practices' Category

Jun 30 2009

NUMBER ONE BUSINESS FAILURE…

  Is Your Business   

                                                             

Half-Pregnant?

                                                               

     I am convinced that the number one reason for business failure is not the economy, not insufficient capital, not poor management, and not over-regulation by government, though all are symptomatic.

     Government interference is of course particularly irksome because it’s being crafted, dictated, and delivered by an arrogant socialist stampede of naive, incompetent leaders whose total business experience equals zero.

     So, what IS the number one reason for business failure?

     Dig deeper.  

     In the past few years, I personally experienced or had first-hand reported more than two dozen incidents involving owners, operators, and managers of sizeable, established businesses hurtling their business interests the wrong way down one-way streets with reckless abandon.

     All have either since collided or failed or are on their way

All have or had the following characteristics in common:

  • Lack of follow-through and a vested interest in maintaining the status quo (amazingly, even after hiring outside consultants to ignite, stimulate, and motivate!) 
  • Disregard for and disrespect of their employees, with tokenism providing the prevailing wind 
  • Disregard of the very talents and solutions they were outsourcing to shore up their own shortcomings (hard to believe, especially after paying for services, but true!) 
  • Complete resistance to initiate two-way “partnership style” communicating
  • Not having a sense of urgency.    

     I reduce all of these weaknesses to driving a business the wrong way on a one-way street. It’s noteworthy that many of them talk(ed) the good talk…but to themselves: Mission Statements with no teeth!

     Without keeping open to and encouraging two-way communication by exercising strong listening and feedback skills, by making assumptions instead of addressing differences, and by disregarding the very consulting input they were paying for (and then not providing feedback), they were/are setting themselves up for failure. 

The economy, under-capitalization, poor management, and over-regulation are excuses. Businesses succeed–even with all of these factors working against them–by communicating openly at all levels all of the time. Communicating openly at all levels all of the time is the ultimate trigger for business transparency.

Transparency, like pregnancy, cannot be half-way.

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 Hal@TheWriterWorks.com or comment below. Thanks for visiting. 

Go for your goals, good night and God bless you!

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Jun 29 2009

In Response to Dealth and Dying

The World’s Greatest Expert

                                              

on Death and Dying–

                                                                

Elisabeth Kübler-Ross, MD

                                                   

–Points to Five Stages:

  • Denial and Isolation
  • Anger
  • Bargaining
  • Depression
  • Acceptance
                                                                                

     She said we –all of us–  must experience each of these five stages to one degree or another in the order they are shown above with every loss experience. The only exceptions being instances where people get stuck in a given stage and never get beyond it.

     So as business owners, managers, and entrepreneurs, some of us experience bits and pieces of these five stages everyday with daily losses.

     Kübler-Ross said that losses are not limited to human death, and can  include the loss of a limb or faculty, or ability… loss of a valuable possession (a home, a car, a business), loss of companionship (including divorce and separation), loss of freedom (including jail), loss of a job, loss of a client, loss of a prospect or opportunity, loss of self-esteem, loss of authority, etc., etc.

     And to a lesser degree, we even experience these stages when we lose a dollar, a photograph, a letter, an address, a contest, and so on.

     So what’s the point? Healthy successful people do everything humanly possible to channel all their energies and mental focus on reaching the level (or “Stage”) of ACCEPTANCE as quickly as possible, and on maintaining themselves at that level as permanently as possible.

     Everything else is non-productive. Everything else leaves us feeling deflated and defeated and negative. Some people stay in these places their entire lives. Some are institutionalized. Some do themselves in.

     Stages 1-4 are pure torment. We must go through them, but the goal needs to be to move through them as rapidly as our minds and bodies allow us to. Getting through the maze may take friends and rescuers to stand by shoulder to shoulder. We have all performed that function for someone else, but perhaps have forgotten?  

     Keep always in the front of your mind that no matter how out of control it may feel to be stuck somewhere in denial and isolation, or in anger, or in a bargaining position, or a state of depression, it IS a matter of choice!

     The minute we choose to accept loss, the quicker we can get on with a happy and productive existence and make the most of the short time we each have here on Earth…make the most of the relationships we’ve been blessed with: with other people and places and purposes.

     We need not choose to lock ourselves into suffering and misery. Life and business life are way too short to have wasted time and energy with anything besides being happy and healthy and in active pursuit of our dreams.  

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Input welcome anytime: Hal@TheWriterWorks.com (”Businessworks” in the subject line) or comment below. Thanks for visiting. Go for your goals, good night and God bless you! halalpiar  # # # 

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Jun 28 2009

REAL entrepreneurs go the extra mile!

Do you have a Wimp Complex?

More businesses these days seem to be functioning like wussies!

                                                                  

     A (farmland) truck dealer is giving away a free tractor with every truck purchase. What a great idea, especially given an uncertain overloaded inventory of vehicles manufactured by what has become an uncertain source. But the dealer has stopped short of making the tractor deal a slam-bam promotion, and will no doubt write it off as a loss. (Lots of examples of how to make trucks fly off the lot with this idea : call me!)

     A small handmade product retailer says she’s closing (to become an Internet business and work from home) because the mortgage payments are too high, and there’s not enough store traffic. There was no mention made of the sparse high-priced inventory or the two large dogs that came bounding from behind the counter, jumping on (literally) six panicked customers in four minutes.

     The owner of a new Chinese restaurant (with better quality food and lower prices than any of the dozens of others within 20-30 minutes) reports he cannot attract enough business because two of his customers who run their own companies told him that business everywhere is suffering and that it might take him a couple of years to break even. (Y’think he’s heard about The Emperor’s New Clothes?)  

     The Post Office cuts services and raises prices. (Now there’s a great solution vs. maybe being more competitive with UPS and Fed Ex?)

     One state government is talking about financial crisis tactics that would close down the government one day a week along with their (greatest natural resource) parks operations which are the primary tourism industry attraction and income source… while approving a gazillion-dollar casino and racetrack complex (no doubt to cater to the gambling unemployed). 

     Financially-strapped ferry operations aren’t far behind. They’ve lowered foodservice quality and raised their vehicle and foot passenger rates through the roof, and can’t figure out why they’re continuing to lose money. (Must be products of the same graduate school that cranked out the Postal Service and government muckity-mucks!)

     This list could go on for thousands of pages, but the point of it all is that entrepreneurs–true entrepreneurs–have more gumption than these examples. They have more spunk. They rise to the occasion, and make things happen by sinking their teeth into the situations that are throwing knockout punches to people in the business examples noted.

     Entrepreneurs are the catalysts of change. They represent both the past and the future of this country. They don’t get discouraged over news from other business owners, or economy woes… and certainly not from government “leaders” who have no business sense or experience whatsoever. 

     Entrepreneurs take promotional ideas all the way through to completion and, in the face of hard times: work harder, stay open more hours, increase services and market competition, and lower prices as necessary.  When times are tough, it’s time to go the extra mile! 

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Input welcome anytime: Hal@TheWriterWorks.com (”Businessworks” in the subject line) or comment below. Thanks for visiting. Go for your goals, good night and God bless you! halalpiar  # # # 

FREE BLOG SUBSCRIPTION? Click on ”Posts RSS Feed” (Center Column), or now on your AMAZON Kindle for just $1.99 a month after a free trial. FEELING CREATIVE? Add your own 7 words to the end of the daily 279 days old growing tale! Click under “7-Word Story” (center column)

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Jun 25 2009

BUSINESS BOOSTER ROCKET

THE FUSE AND THE FUEL

Igniting business and professional development with authenticity

                                                                   

Living in a monastery…you have more opportunities than you might have elsewhere to see the world as it is, instead of through the shadow that you cast upon it.”    

(From BROTHER ODD by one of my favorite authors, Dean Koontz)
                                                                                        

     Being in the driver’s seat of your own business, you have more opportunities than you could ever have elsewhere to see your company, your organization, and the products and services you offer as they truly exist, instead of through your own biased eyes.

     How? By asking! Ask everyone you speak with every day—staff, customers, vendors, sales reps, your landlord, competitors, your mother-in-law. Well, okay, maybe you can skip your mother-in-law.

     Ask each person what she or he thinks of your company, your products and services, your people, your reputation, your community involvement, your pricing. Stop being afraid of what you think you might hear. Respect and appreciate honest answers. Every answer can help you be more successful! 

     Carry and use a pocket notebook. You remember notebooks? Those covered pads you write in with a pen (or heaven forbid, a pencil)? Make it your mission to collect feedback, suggestions, ideas, opinions, comments (WITHOUT reacting, rebutting, arguing, yes-butting, or defending; simply absorb them), and then DO SOMETHING WITH THEM!

     Separate and categorize what you collect. Consolidate the ones that are similar or that somehow tie together. Ask yourself what you’re learning in the process: “What I’m learning right now about myself and my business is__________”  is the statement to complete and bombard yourself with as many times a  day as possible.

     This is an especially good exercise to do when you’re wading knee-deep through boring conference calls and meetings, during commutes (unless you’re driving!) and while waiting for appointments or transportation.

     Process the information you write down. Honestly consider what you are in fact actually learning about yourself and your business. When you do, you will be taking a giant step toward rocket-boosting your creative mind, accelerating your own professional growth and development, and igniting the business initiatives you’ve always wished you could set fire to… but never had the fuse or the fuel to work with. Now you do.

# # #  

 Hal@Businessworks.US  or comment below.

Thanks for visiting. Go for your goals, good night and God bless you!

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Jun 24 2009

PROBLEM SOLVING BEHAVIOR

Are you a Zippity

                                      

or a Doo-Dah?

                                                                                    

You can never resolve a problem by condemning it.”

–World-famous author/consultant Wayne Dyer
                                                                               

     They may not always be right, and they might not always do things right, but Zippity’s get things done!

     Doo-Dah’s typically bungle what they attempt and rarely make attempts on their own to get things done anyway. For a Doo-Dah, it’s easier to make excuses than to take action…easier to complain about a problem or condemn it, than to attack it or solve it.

     How many Doo-Dah’s surround your business and personal life? Stop reading here for 30 seconds, and count them. Think about it. Go ahead: count! I’ll wait. How many?

     Are you helping them? Are they helping you? If you’re not gaining something by association, you’re losing. There is no middle ground. Either you are doing a good deed by spending time and energy (and perhaps money?) with each, and can afford to do that, and want to do that…OR you are losing speed, quality, credibility, and success.

[It may be useful here to remember that achieving the success you seek will surely afford you greater opportunity to help more Doo-Dah’s, if indeed that’s a goal for you!] 

     Distancing yourself from Doo-Dah’s may seem cruel, and may be impossible when family is involved. Ha! Hit a nerve there, huh? Well, considering that most shrinks will tell you that everyone has a dysfunctional family, it should be no surprise that you ended up with a Doo-Dah brother-in-law or uncle or cousin or parent or child.

     But guess what? If you don’t start taking steps sooner than later to surround yourself and your business with Zippity’s, you run the risk of falling prey to the disengaged incompetence of the Doo-Dah’s now and forever after. It’s your choice.

     If you really can’t let go of being Mr. or Ms. Do-Gooder and you’re not into switching to a priesthood, nunnery or social worker career, then you’d better learn to live with your business and your life being universally uneventful, stale, and stagnant…an investment in the status quo.

[Can your business survive that? Can you?]

    No, it’s not a likely scenario if you are actually still reading this. And assuming you are still reading this, get yourself Zippity’d and stayZippity’d.

# # #  

Input welcome anytime: Hal@TheWriterWorks.com (”Businessworks” in the subject line) or comment below. Thanks for visiting. Go for your goals, good night and God bless you! halalpiar  # # # 

FREE BLOG SUBSCRIPTION? Click on ”Posts RSS Feed” (Center Column), or now on your AMAZON Kindle for just $1.99 a month after a free trial. FEELING CREATIVE? Add your own 7 words to the end of the daily 276 days old growing tale! Click under “7-Word Story” (center column)

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Jun 23 2009

Continental Airlines. United Technologies. Lessons for Small Business.

WORK HARD. FLY RIGHT.

–Continental Airlines

                                                                                                                                             

OPEN MINDS.

                        

OPEN DOORS.

–United Technologies

                                                                      

     I’ve never been a big fan of Continental since they lost my business presentation luggage 14 years ago (note, by the way, how long we harbor ill feelings about a bad customer experience!).

     In all fairness, though, I must confess that Continental’s branding line stands head and shoulders above all others in the airline industry.

     In fact, “WORK HARD. FLY RIGHT.” actually serves to set a best practices philosophical mark for small business to emulate. Doubts? What small business have you ever heard of that couldn’t stand to improve itself by working hard and flying right?

     How about ANY business for that matter? And, while we’re at it, might we also want to consider application of “WORK HARD. FLY RIGHT.” to any PERSON? Just imagine what a pleasant and productive world this would be if we could all live by these four words.

     Not good enough to get you cranked up?

     Okay, how about adding four more words that come from a great corporate campaign of old for United Technologies: “OPEN MINDS. OPEN DOORS.”

     So there you have it. Put ’em together and what have you got? 8 words that can literally reverse global economic woes, change the world’s governments and politics for the better, and produce increased, ongoing opportunities for cooperation, growth, success, and universally happier existences.

     Sounds great but how do you start? By getting started. At home. In your own office. On your own work site. With your SELF:

“OPEN MINDS. OPEN DOORS.

  WORK HARD. FLY RIGHT.” 

                                                              

     Start now. Tonight. Tomorrow morning. 8 Words. Write them on paper and tape them to your computer screen, cellphone. desk drawer, briefcase, rear-view mirror, medicine cabinet, ceiling fan, wristwatch, your son’s forehead! Watch what happens. You will astonish yourself. I guarantee it!  

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

Make today a GREAT day for someone!

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Aug 25 2008

Promoting Online Business? – Consider Traditional Advertising!

It takes 5 Attempts

                                      

to make a sale!

                                                                                  

     Some of the most effective prompts I’ve seen that get me to check out websites or blogs come from the world of traditional advertising (remember that?) 

     Selected billboards, targeted ads and pinpoint direct mail are some of the best ways to get your online presence noticed.  They are not always the best ways.  And they are seldom the most economical.  They do however serve an important purpose when you have more money than time available.  They also serve an important purpose when your goal is to create and/or support a meaningful branding image, because repetition sells!

Eh?  What’s that?  Repetition sells.  Repetition sells? 

                                                                            

Yup!  Repetition sells! 

                                                                                  

     Not just repeating the same message over and over, but also repeating it in as many different ways and contexts and media forms as possible.  Why do you think the monster corporate entities strive to register multiple impressions? 

     Sophisticated marketers recognize that –on the average– it takes five attempts to close a sale.  That means your message or branding theme usually needs to be seen/heard/experienced at least five times before someone will consider making a buying decision. 

     Sophisticated marketersalso understand the value and finer points of using public relations vehicles (events and news releases) to support online sales efforts.  These are especially valuable tools because they don’t cost anything (compared to broadcast air time and print space, for example) except for preparation and follow through, which needs to be tenacious, can be extensive, and is almost always very time-consuming. 

     And PR does also present a myriad of unspoken rules and regulations that must be adhered to, to be truly effective . . . from how news releases are prepared and distributed to when events should be scheduled and how much planning should be involved.  It’s best to find a professional who can do this for you

     Your odds of increasing online business are much increased when you spread out the media you’re using.  An online sales pitch will have greater impact on someone who has already been exposed to the message on a postcard, in a magazine or newspaper ad, in a radio commercial, on a billboard, on a trade show banner, or in a local or trade paper feature story. 

     Don’t think that once your site is up and running, the story it tells will send business flocking to you.  Online presence is just part of the story.  What you do to support that presence is the other part that will drive the sales.     

 

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Aug 10 2008

THE POOL RULE

    “WE DON’T SWIM

                                                             

     IN YOUR TOILET

                                                                                                                                                                      

   . . . SO DON’T YOU

                                                                 

     PEE IN OUR POOL!”

                                                                                                                       

 

      As a youngster, I remember snickering at seeing one of these comedic placards that you always find in tourist trap souvenir stores (and the one next to my friend’s father’s fish tank!).

     Well, you know what?  That maybe-not-so-silly little pool rule seems to me to have some surprisingly important value when you apply the notion to working in someone else’s office, joining in someone else’s conversation, sitting in on someone else’s meeting, visiting in someone else’s home, entering someone else’s private space, and being entrusted to spend someone else’s money. 

     Break it down and it’s all about respect, which sometimes these days appears to be going the way of buggy whips, 8-track cassettes, and carbon paper.  The only trouble is that buggy whips, 8-track cassettes, and carbon paper are all things, and have all been replaced by newer better stuff.  Respect (aka R-E-S-P-E-C-T, as in the song!), though, is a value, not a thing.  And I’ve never heard of an adequate substitute. 

     We speak of having to earn respect.  We’re told as children to respect our elders . . . and keep a respectful distance from the neighborhood mongrel, and from strangers who offer candy.  Yet, something here is missing. 

How many friends, family members and work associates can you honestly say you respect? 

How many do you think respect you? 

(Have you earned it?) 

How important is respect to your life pursuits? 

Your career? 

Your love life? 

Your feelings about your SELF? 

                                                                      

     What can you do to make this better than it is, or turn it around if it’s headed in the wrong direction?  What specific steps can you take now that are genuine (vs. quick-fix), to help yourself gain greater respect from others?  How much of your answer to the last question relates to the amount of respect you put out to those around you?

     A good place to start may be to take inventory so that you have a clearer image of those who are “around you”!   Draw a target —three or four concentric circles— on paper and decide who is closest to you (put them or he or she in the middle circle), next closest person/people (next ring), and so forth.  Of course, include animals if you like. 

     A few rings worth will give you a more accurate and balanced and realistic idea than the image you may have of these relationships that you carry around in your head.  If you’re happy with your circles, congratulations!  If you think you can do better, the R-E-S-P-E-C-T song isn’t a bad place to begin!  (Oh, and by the way, there is no end to respecting others!) 

 

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www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US

Thanks for visiting. Go for your goals! God Bless You.

“The price of freedom is eternal vigilance!” [Thomas Jefferson]

Make today a GREAT day for someone!

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Aug 02 2008

DEALING WITH ANGER . . .

COMIN’ OUT!

 

                                                

No, it’s not a reference to a specific type of celebration party, or to an at-long-last exit from one’s closet.  COMIN’  OUT! is a cry you can hear in almost every town across America every summer on every baseball and softball field! 

It’s the BP (batting practice) pitcher yelling to all those in the field to be alert and pay attention and don’t turn your back on the ball because the batting practice pitches are about to commence and the batting practice hitters will be trying to hit the batting practice pitches down the batting practice fielders’ throats!   

When an irate customer, business client or partner, patient or associate decides to throw a tantrum (or toss out a bombardment of accusations, half-truths or outright lies . . . in person or via email), don’t turn your back on the ball; it could hit you in the back of your head! 

Regardless of the indignant individual’s motivation to exercise pent up frustrations, flex political muscle, show off, play one upmanship or activate a superiority (or inferiority) complex, don’t waste time being analytical . . . and PLEASE:  don’t react!  Think respond, not reactIf you don’t react, you can never over-react!  The old saying still rings true that it takes two to tango! 

If you’ve mentally and emotionally prepared yourself in advance for such an eventuality, you won’t have to get your glove and get in the game; you’ll already be there! 

It’s easier than it might seem.  (Remember, since every behavior is a choice —yes, it is!— you can CHOOSE for it to be easy or, if you have masochistic tendencies, then go ahead and CHOOSE for it to be hard!) 

Simply imagine you’re in the field, glove in hand, and the pitcher yells over her or his shoulder, COMIN’ OUT!  Then turn to face the ball and get ready to catch it, even if it appears to be heading somewhere else.  Why?  It never hurts to be ready.  Be, as any good Boy Scout will tell you, prepared!  (I didn’t say “neurotic,” mind you, just “prepared.”)

For openers, most human beings caught off-guard by COMIN’ OUT! circumstances can benefit by taking a couple of deep breaths(to circulate oxygen and make the brain more alert, and to circulate blood flow and make the muscles more relaxed), which serves to pull the fuse out of the tendency to react! 

For closers, be persistently objective and unemotional in responding [The Adult ego-state in Transactional Analysis].  Attempt to get the whiner/complainer/bitcher/screamer/fist-pounder person to   s  l  o  w     d  o  w  n  and deal with each issue on a one-at-a-time basis.  Upset people tend to bunch together an avalanche of problems and issues, none of which can of course be addressed or resolved, buried under so many others. 

No guarantees with any of this except that —for sure— you will handle COMIN’ OUT! situations better having thought about best practice responses than you ever would with your back to home plate!

                                                                    

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www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US

Thanks for visiting. Go for your goals! God Bless You.

“The price of freedom is eternal vigilance!” [Thomas Jefferson]

Make today a GREAT day for someone!

      

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Jul 11 2008

LIFE IS BASEBALL

 Life is more like baseball

                                               

 than any other sport. 

                                            

 

     With every inning a decade long, where only a few of us actually get into extra innings, life is more like baseball than any other sport. 

     We walk, strike out, we get some foul tips, and sometimes manage to get big hits in the clutch.  We make errors.  We tag others whenever we can, and avoid those who come barreling home. 

     We get cheered when we perform.  We get booed when we don’t.  There are times when we need to get a glove and get in the game, and other times when we need to step up to the plate.  All of us have to sacrifice from time to time, and a few of us steal when no one is looking. 

     Those who are exceptional travel inside the park and make round-trippers.  And have you ever balked?  When did you last set the table, or be in a clean up position?  We relax on deck, and work when we’re in the hole, and we work even harder to stay away from arbitration, appeals, getting thrown out, and avoiding the bullpen or —heaven forbid— being shut out! 

     We go through different coaches, and we fire managers, but no matter how much money we make, we still always do what the owner and general manager order us to do. 

     Usually in our later decades, we bring in short and long relievers, and of course the eventual closer.  But reality is that we only live life in the National League . . . because we never get to have a designated hitter! 

     If Shakespeare was right that “All the world’s a stage . . .” he had to be talking about our love affair with the diamond.  Diamonds are, after all, forever! 

                                                        

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www.TheWriterWorks.com or 302.933.0116 or Hal@BusinessWorks.US

Thanks for visiting. Go for your goals! God Bless You.

“The price of freedom is eternal vigilance!” [Thomas Jefferson]

Make today a GREAT day for someone!

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