Archive for the 'Corporate Management' Category

Dec 08 2011

‘Tis The Season for this and this and th. . .

BAH! HUMBUG!

                                 

‘Tis the season to be spiteful, act angry, hide from creditors, put off paying bills, smile fake smiles, eat more sweets and fattening foods, drink more booze and soda and energy drinks, smoke more cigars, spit on the floor, sleep late, and curse the relatives who give you cheap gifts. 

 

Sound familiar? Remind you of someone you know? You might consider printing this or this or this out and mysteriously leaving an anonymous copy (or scissored excerpts) on that person’s desk, carseat, windshield, or stuffed into her or his coatpocket. 

Having come from poverty– I can genuinely appreciate the humbugness of truly destitute people at this time of year, as well as the humbugness of struggling business owners and managers who spend their days battling the threats and destruction of our nation’s economic quagmire, and their nights worrying about it. 

And I feel deeply saddened by anyone who continually chooses to not rise to the occasion of Christmas Season joyfulness — even non-Christians — because it is a season of great joy for all people of any faith, but as so many of us have learned about the leading horse to water proverb, none of us can make someone else’s choices.

Even with all good intention and wisdom, we really can’t reach into another human brain and push buttons and adjust frequencies and turn dials that will produce a happy, healthy, positive attitudes. All we can do is try our best to create positive supporting environments for those who choose misery, and keep the door open to them.

I say these things now, because I’ve been all over this issue of wasting life and opportunities through assorted career roles — from college teaching/counseling to management training/consulting/counseling to business and professional practice development consulting/counseling, to family and group counseling– and this period, now through February, has traditionally brought these dreaded negative behaviors for many to the surface.

Probably the single most useful tool for the vast majority of those I’ve worked with over the years is the one post that I keyword to most often on this blog, and recommend most to those I find in times of need is THIS. Literally thousands have raved to me about its value. It is highlighted in three of my books. It works. 

What else works? Prayer and gratefulness.

God Bless You. Thank you for your visit.

Please return soon.

 

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

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Nov 20 2011

BIZ ALPHABET SERIES…”Y”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

“Y”…YES

 

   Have you done it?

 Can you do it?

 Will you do it?

   Are you doing it NOW?

 

 The only “YES!” that counts is your answer to the last question because the only time in your life and in the life of your business that’s real, and that counts, is NOW!

                                               

Getting to “YES!” may not always feel like an easy journey when other burdens are pulling at your shoulders, but it is –after all is said and done– a choice. And we are always free to make a choice be one that is easy or one that is hard.

 Choosing “YES!” certainly offers more promise and greater rewards than choosing “NO!” under almost any circumstances, except those of course that can have negative impact. (Choosing “NO!” to illegal, unhealthy, or harmful offers comes to mind as an example of times when “NO!” can be positive.)

But most of us struggle everyday with making “the right” choices… the ones that are right for us as individuals, as family and community members, as business leaders, as entrepreneurs. We “struggle” because –what’s the old saying? “The grass always looks greener on the other side of the fence!”?

In a word: Temptation.

We struggle to decide what’s best for ourselves and our families because we’re so pushed and pulled by others. And having a business venture that’s teetering on the brink of bankruptcy or major financial loss, can put enormous undue stress and strain on us as owners and managers, even for a small solopreneur kitchen-based business.

This added stress is often to the detriment of important family choices and relationships, and almost always to the detriment of fun and relaxation. Fun and relaxation? Hmmm. What’s that about? Fortunately, or UNfortunately depending on your perspective, fun and relaxation are necessary for life balance.

Life balance is necessary for business success. But achieving it can be complicated. In other words, no one I have ever heard of has made a successful business from anger, or from over-indulging in any emotion or activity.

When we make a conscious effort to say “YES!” at every turn –a “YES ATTITUDE” if you will– we are cultivating and nurturing life balance ingredients: willingness, receptivity, responsiveness, reliability, integrity, uthenticity, constructive and transparent leadership.

 Others will follow, be influenced, motivated, and inspired.

Others will see their own potential in the actions (words and deeds) that we as positive-minded entrepreneurs teach by example. “YES!” carries responsibility in its backpack. To agree to do something means doing it!.

Actually delivering the goods

is far more important

than just promising to deliver the goods.

                                              

A “YES! ATTITUDE” (not just for a day or a week, but as a way of life) allows us to thrive and grow as human beings, as people, while we cultivate and nurture the attitudes of those we influence around us –employees, customers, suppliers, referrers, lenders, investors, partners, delivery and cleaning people, our neighbors, community organizations, and, above all– our families.

We have untold opportunities to make real change and to make that change stick. Day after day, it’s always a choice! (And YES, that includes November 6, 2012.)

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Hal@Businessworks.US

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

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Nov 14 2011

BIZ ALPHABET SERIES…”U”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

“U”…UNIQUENESS

 

You already know that you’re different, or you’d be watching TV right now. Isn’t that so? People who enjoy being the same, work for big organizations where they can get lost in the waves instead of having  to make them, and they don’t surf blog posts about being unique because even though they are, they don’t believe they are.

You, on the other hand, are unique and know it. At various times in your life, you’ve been called weird, odd, a know-it-all, an opportunist, a hustler, a misfit, a trouble-maker, an instigator, an oddball, and one who marches to his or her own drum. You’re an entrepreneur. You own and/or run a business. You live for your idea to succeed. 

Now, what about your business? Do you think your business must be unique too? Odds are it’s not. In fact, the more unique your products or services are, the less likely your business is to survive. Investors and lenders like substantial, tangible businesses run by people with substantial, tangible, directly-related experience.

Customers are gun-shy about trying new products and services. They are also deathly afraid of buying technology that will be obsolete before they finish making payments. What does that leave? Pizza? Chickens? Cardboard? Dishwasher maintenance contracts? Delivery services?  Toothpaste? Cemetery Recycling?

Ah, so the trick isn’t necessarily (or even often) having a unique business. What then? Isn’t it more like being able to use your personal and instinctive uniqueness to design or develop or produce a unique perspective of what you have to sell? A competitive advantage? A single differential? Maybe. Maybe it’s just something that seems unique. 

It’s true, isn’t it, that uniqueness can be created with the stroke of a pen or keypad? Nike’s SWOOSH for example? And how about the 1, 2, and 3-word brandings that stick in our minds… the ones that sell?

  • 1-word example:  UNcola (for 7-Up when Coke and Pepsi were under the dark caffeine drink health destruction PR axe)
  • 2-word example:  “Got Milk?” (hard to top that message)
  • 3-word example:  “I’m Lovin’ It!” (even if you hate burgers and fries!)

In other words, BRANDING is what is responsible (my guess: 99% of the time) for UNIQUENESS. What we perceive, remember, is what we believe. Stated another way: Perceptions are facts! Does this imply that anything cute, different, or smashing, will create uniqueness which will create sales. Not a chance. Only substance succeeds.

BRANDING, then is about using unique ways to paint a picture of a business that delivers substance. And not unlike the old Marshall Mcluhan enlightenment that “The medium is the message,” could it also be that “Uniqueness is the message”? So it’s HOW we market that’s more important than what it is that we actually take to market?

Well, if these thoughts are even only partly correct, YOU have a distinct advantage in being able to present your business venture and offerings as unique, because you already are to start with. (We established that in the first sentence of this post.) And that which is unique rarely breeds that which is routine. Ask any spotted owl. 

 

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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!

No responses yet

Nov 13 2011

BIZ ALPHABET SERIES…”T”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

“T”…TRUST

 

If you’re reading this, you already know–in spite of claims by mainstream media talking heads, corporate moguls, misguided unionists, and political loudmouths– that entrepreneurial spirit and entrepreneurs are the catalysts of society. When small business innovates, it creates jobs. When it creates jobs, the economy flourishes.

Perhaps it hasn’t occurred to you, but the backbone of entrepreneurial spirit, entrepreneurship, small business ownership and management, and all of what it is that each of us does every day to move our business interests and pursuits forward, is TRUST.  

 

SMALL BUSINESS RUNS ON HANDSHAKES!

                                              

We thrive on handshakes, assurances, nods of the head, genuine smiles, pats on the back, and words like , “Okay, let’s go!” and “I’ll try it.” Sure, there are times when we trust that we get stung, bitten, cut off at the knees, ripped off, swindled, clobbered and killed. Yet we feistily avoid contracts, and live to avoid lawyers.

When we accept partial commitments, and move forward, we do it in good faith, but may cringe a little depending on age, and by how much we’ve been beaten up by dishonorable associates, employees, investors, and customers.  Even when the bad outnumbers the good, we still tend to “chalk it up to experience.”

We keep going, sometimes reluctantly. Sometimes we get up from the canvas too slowly for our own good, and get hit again before we’ve regained balance. Sometimes we’re preoccupied with damage reports instead of with boosting sales.

Sometimes we forget that income doesn’t come from turning out lights and cutting corners or wallowing in self-pity over having been taken advantage of. It’s an easy trap to fall into. It’s the M.O. for corporate executives and government, which goes something like this:

  • Cover your butt.

  • Justify.

  • Analyze.

  • Don’t make waves.

  • Be P.C.

  • Don’t risk.

  • Be Green.

  • Think small.

                                                                                      

But maybe that’s because big business and government simply don’t trust handshakes and authenticity. And they are quick to point to the losses from failed relationships. Maybe it’s because they are so heavily invested in protecting the status quo. Maybe it’s because they are controlled by disproportionate numbers of attorneys.

I’ve worked on all sides of these fences and prefer conducting business backed by the unspoken “In God We Trust” that blankets what I believe to be most entrepreneurial deals, vs. the government and big business spouting of our nation’s motto, but adhering to “In Contracts and Lawyers We Trust” as the mission that they practice.

I’ll take my lumps with God on my side rather than suffocate in legalities and paperwork required of those whose trustworthiness seems questionable. Like “The lady doth protest too much,” when I’m swarmed on by insistence for contracts, I back off. I honor my commitments and expect others to honor theirs.

Naive? I believe it’s naive to think that contracts seal a deal. I’ve lost more money and opportunities and productive relationships by having a signed contract than I have —ever— with a handshake.

So, what’s the suggestion? Blind trust? Hardly. Due Diligence must always precede a handshake. And don’t rely on some one’s social media profile or website bio. Talk with people who know or worked with the individual(s) you’re planning to work with. Talk with -people who know or worked with those people. Be a detective.

When you’re satisfied with what you learn, trust your judgement, trust in God, and pay –or get paid– in chunks.

                                                                 

The bottom line? Take heart. Believe in yourself. Remember you are not in business to be in court, to waste time and energy dwelling on losses, nor to make lawyers rich. If you can’t trust a handshake and recognize it will sometimes cost you, you might want to look at that cone placement job with the Roads Department.

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Hal@Businessworks.US

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

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Nov 06 2011

BIZ ALPHABET SERIES…”O”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “O”…ORGANIZATION 

 

It was going to be “O” for “Operations” but a few years back the world’s surgeons decided that “Procedures” would be a gentler, less-threatening sounding  word to use in describing what happens when they take a scalpel to your body.  And as businesses became more specialized, “Operations” began to dissolve from usage in the business community too.  So with all that phasing out activity, I came back to one of the most important multi-purpose “O” words for life and small business success: ORGANIZATION.

~~~~~~~

There are 30 million of us (small business owners and entrepreneurs) kicking around out there, somewhere between Hawaii, Florida, Maine, and Alaska (Whew! A lot of kicking!), and —artistic, creative types not withstanding– those among us with the strongest sense of organization will generally prevail in the success arena.

“Organization” is both the dynamics of the people you’re involved with — what’s the business “chemistry”?– AND how effective are your planning and doing (action) skills? “Team chemistry” wins in sports (Just re-live World Series Game 6 a few days ago), but it also –like people and task organizing skills– wins in business.

There are of course, entire books, courses, and training programs devoted to OD (Organizational Development), so don’t expect a 700-word crash course here, but you can expect to have your cage rattled. After all, who else is going to risk being in your face and telling you to get your act together better than you have been? Right. Read on.

Now, most of what I do is write, design, create, sell, email, meet, and talk on the phone, so I’m not exactly the world’s most organized guy, but –thanks to Kathy– most all of the organizational chores associated with running a business are taken care of by her capable hands and organized brain. She actually excels at it. (Thank heaven!)

So one important rule of thumb is that if organization skills escape you, or you don’t want to justify the time it takes to sort out, prioritize, plan, and execute tasks, find someone you can trust and rely on (almost always, by the way, a spouse, because no one else really shares your values) to do the scheduling, paperwork, computer tasks, etc.

And since you probably have two thumbs, another important rule is to give up one hour every Monday to meet with your organization person or team to review progress and problems, and get the ducks in a row. (Monday, because issues can be dealt with during the week; issues raised on Thursday or Friday never get done). 

I read somewhere that a famous sales guru I’ve always admired, made a dumb statement. He said It’s not time you need to manage; it’s your attitude. I understand the intent, but in reality, all entrepreneurs, by definition, have a positive attitude. Managing time is the challenge because we have only a limited amount of it available.

Not to belabor the point, but there are just so many seconds in a minute, so many minutes in an hour, so many hours in a day, so many days in a week, so many weeks in a month, so many months in a year . . . and just so many years in a lifetime, assuming you’re not from outer space just because you might act it! (Sorry, couldn’t resist.) 

There are at least 3 zillion magic formulas for managing your emails. If you limit phone call message returns from 11:30am until noon, and from 4:30pm until 5pm, you will be more productive. People do not want to talk too much when they’re thinking about lunch or heading home.

When you make to-do lists, date them and chunk them up into small parts of big tasks. Prioritize item urgency. Cross the done deeds off with a highlighter so you can look back to see what was accomplished. If you really must use other than pen and pad because you are laptop or handheld-addicted, it’s not great, but better than nothing.

In short, experiment, but do whatever works best for you. Whatever you do– don’t ignore or avoid focusing on the getting-ready-to-act parts of your business before you charge headlong into them. Not being organized is a common entrepreneurial ailment that can crush a venture before it ever gets off the ground. Ready? Set? Go!

                                                                                               

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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!

No responses yet

Nov 02 2011

BIZ ALPHABET SERIES…”M”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “M”…MANAGEMENT

 

 FREEDOM

 

M B W U

is the new management methodology

for 2016 and beyond, but it needs

to be cranked up now!

                                                                              
“Huh?” say all you corporate muckity-muck types who came here for a shot of entrepreneurial adrenaline . . . you who pride yourselves on being keyed into the latest approaches to management and business leadership . . . Yes, it’s MBWU, and by now you’ve probably guessed the first two because you’re a shrewd student of business.
                                  
You think maybe I mean MBWA – Management By Walking Around? No, I would have said that.
 
MBWA is arguably the most sensible and productive form of management leadership theory in existence — at least until now.  But times have changed, and we are now nearly waist-deep in this economic quagmire with no end in sight and very few ways to lift one foot from the muck to put in front of the other.
 
Managing by walking around is no longer as realistic with many businesses that have found global growth a viable solution to the choking American dollar. For many, digital visits (video conferencing, webinars, etc.) have stepped out of the shadows, but most small businesses still rely on personal physical visits from the boss.

                                    

Okay, so what’s MBWU?

                                        

Aha! Thought you’d never ask. MBWU stands for “Management By Waking Up”!  The approach has multiple meanings, which may include walking around, but with a different emphasis. The MBWA problem-solving, problem-prevention and rah-rah visits give rise now to taking action. MBWU is a “call to action” methodology.
 
Since some action always beats no action, and since the opposite approach: ISQ (Investment in the Status Quo) means sufficient capital must be available to be able to invest in the first place, small business owners are left high and dry. Either there’s no money to invest, or there is, but you don’t trust the options.
 
Certainly, there is no incentive or reason to trust government promises enough to proceed with creating the new jobs many of America’s 30 million small business owners are capable of creating, even though they represent the only viable and historically-proven solution to the unemployment puzzle and to turning the economy around.

 

 So, VOILA! It’s time to wake up! MBWU means:

A) Getting up every morning and taking a good, hard look in the mirror, rubbing your forehead vigorously for 3-5 seconds, and admonishing your self to “Wake Up!”

B) Getting going! Take your wake-up call to work, and share it generously with genuine positive praise and sincere encouragement. Turn on your charm and authenticity.

C) Starting every action and response to others’ actions with a deep breath and a self-commitment to stay focused on where things ARE, and how to make them better along the way to where things need to go.

D) Knowing in your heart of hearts that true wake-up calls require open-mindedness.

 
The more open-minded and receptive you can be (and the better listener you can be) and the greater your sense of urgency, the more that opportunities will surface that usher in new avenues and prospects for new business from existing and old customers, as well as new business from new customers.
 
You are likely to uncover entirely new revenue streams that would not ordinarily surface in businesses where owners and managers remain inactive, and distance themselves from reasonable risk-taking..
 
All MBWU progress is of course enhanced by being able to experience a decent night’s sleep from the git go. It’s hard to wake-up and make better use of resources, better decisions about priorities and people, when, for example, you’ve been out late partying the night before or are in a high-stress environment at home, or haven’t exercised or eaten properly.
 
So the 1/3 of your MBWU life rests squarely on the 1/3 of your life that you spend sleeping, which rests squarely on how you manage and treat and believe in your SELF. Are you ready? Got a plan? Are you set? Go!

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Hal@Businessworks.US

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

No responses yet

Nov 01 2011

BIZ ALPHABET SERIES…”L”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “L”…LEADERSHIP

 

So much has been written on this subject, here and elsewhere (and no where as meaningfully, in my opinion , as Rudy Giuliani’s book, LEADERSHIP), yet it cannot be ignored here as the “L” topic. Without it, there is no business –yours or anyone’s. With it, even when it’s as pathetic as that which we see (and don’t see) from the White House, there’s always at least a remote chance of success hovering above the clouds of follower discontent.

The problem we face as entrepreneurs and small business owners and managers is that –unlike some careers in science, accounting, programming, and assembly line manufacturing– small business startup and development success is determined as much by effective leadership as by the central ideas, products, and services represented.

And leadership doesn’t spill out of a cereal box, a webinar, an MBA program, Fortune magazine, or a fortune cookie. Leadership comes from inside you. It is, more than anything, an attitude. It is responsiveness. It is a show of good faith and respect for others. It is having exceptional communication and motivational skills.

But–above all elseit is having a personal foundation cornerstoned by authenticity, integrity, and trust. The closest thing to spontaneous rise-to-the-occasion leadership comes from the military when opportunities to plan and prepare may not always exist. It is otherwise a role most of us grow into of necessity and develop accidentally.

I’ve worked with and written about leaders being most effective when they pull instead of push, when they solicit input instead of quash it, when they reward failures for the effort and inspire others to top performance rather than berate others for failures and constantly prod to produce productivity.

Truly effective leaders are truly transparent in both words and deeds.

                                        

Having a “take charge” attitude is a great asset for leadership when it’s exercised quietly, but having a take charge behavior –acting out internal convictions often results in a non-productive fearsome or obnoxious reputation that diminishes responsiveness and commitment by others. Instead, challenge others to take risks.

It’s a thin line, leadership. And walking the walk counts for substance and achievement. Talking the talk is for shallow minds and empty suits. Your business counts for something important to you. Working at continuous improvement of your leadership skills will move that “something Important” closer to reality.

And you have that new opportunity to be the best leader you can be for your business every hour of every day. Look for ways to measure how you’re coming across to others. Practice what you preach. Ask for feedback, Encourage innovative thinking (taking creative ideas all the way to implementation). Reward with praise.

Be sincere. Be honest. Be an example, Be the leadership you seek to inspire. Watch your business grow.

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Hal@Businessworks.US

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

No responses yet

Oct 31 2011

BIZ ALPHABET SERIES…”K”

Welcome to the world’s first SMALL BIZ Alphabet Series of blog posts!

 “K”…KALEIDOSCOPIC

[You were expecting maybe

kangaroos, kaput, keeper. keyboard, kicks, kisses, or kudos?]

 

 

KALEIDOSCOPIC (according to Writer’s Digest Books’ FLIP DICTIONARY) means “changeable, colorful, diverse, fluctuating, motley, protean, variable, and vivid”… a pretty decent 8-word description that can be applied to the characterizing of entrepreneurial instincts and behaviors, sooo…

So, let’s explore a little of how this word impacts small business ownership and management. Since Kaleidoscopic implies an ever-changing view, it also suggests having kaleidoscopic vision. No, not “VISION” as in fancy corporate Vision Statements, not that kind… it’s more in the context of having eyes in the back of your head.

Now every entrepreneur can relate to that, right?

When you own or manage a small business — everything from a one-man-band functioning out of your kitchen, basement or garage, to a staff of 300 operating out of an industrial park complex, or a crowded office of five or ten– you must keep your antennas up and be on the lookout 24/7 for problems, potential problems, and opportunities (remembering of course that every problem is an opportunity!).

Running your own business is a lot like taking a scout group of twenty ten-year-olds on a camping trip. [Rule One is to make sure you have plenty of adult help!] You no sooner get a tent up and find yourself first-aiding a youngster with a cut knee. As you apply the bandage, another child, soaking wet from falling in the stream is in your face.

You start a fire to dry off the wet clothes and yet another camper has made off into the woods with two burning branches . . . you get the picture (or know it all too well). It is not instinctive for most of us to be firefighters at work. Corporate leaders in fact are trained not to be (real leaders plan, plan, delegate, delegate, etc.). 

But no matter what size your business, you cannot delegate responsibility. This means what comes around from putting your shoulder to the wheel stays on your shoulders, and heavy shoulders make kaleidoscopic vision difficult if not impossible. How do you turn your head when there’s an anchor around your neck?

Yet business success is often largely attributable to being able to see opportunities as they surface. That leaves not too many options. Either function in moderation — keep your plate less than full and avoid over-stress (HA! Just a joke.) — or learn the best ways to manage your attitude and your time to keep a kaleidoscopic balance.

When you can get to the point of anticipating without having packed too many parachutes and umbrellas and BandAids, when you can take things day-at-a-time yet have some long and short-term plans (and alternate routes) worked out, when you can stay focused in the here-and-now present moment: VOILA! You win!

By avoiding worry about future events that haven’t yet come (and may never), and by avoiding dwelling on past events that are over and will never return, and that can’t be changed, you are more than halfway to success. The rest depends on what you see that works for you in the rest of this BIZ ALPHABET series. Scroll away! 

                                          

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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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Oct 30 2011

BIZ ALPHABET SERIES…”J”

 “J”…JUSTICE

 

The name of my youngest granddaughter’s favorite store and brand of clothing she can’t do without. Doled out daily by Judge Joe and Judge Judy (“WANT JUSTICE? www.JudgeJudy.com” is the TV screen message). It keeps The Lady Of’s scale balanced (an important thing in the face of such a mentally UNbalanced community as lawyers). We see the rich and privileged sidestep it, and the oppressed often get less of it.  

~ ~ ~

                                                                

In small business, justice is a slippery bar of soap. To most business owners and managers, justice is a less embracing concept than the 30 million of us would like. This is true primarily because UNjust decisions, taxes, regulations, and burdens of every description originate with and are doled out by government control-freaks.

Rising from the muck of federal and state political septic systems,those we ineptly seem to elect to office, quickly demonstrate that after speech-making and hand-shaking are done, just enough brain power remains to justify pre-occupation with getting re-elected, instead of with leadership over that which they’ve been chosen to govern.

Should we expect more? Not from those presently in office. From the White House on down, how can business owners and managers have hope where there’s no trust? How can there be trust where there’s no (zero) business experience or respect for entrepreneurial spirit and free market competition? But down the road? That’s your call!

What justice is there when a consultant and business owner sign a contract guaranteeing $500,000, in fees spread over three consecutive years of delivering mutually-agree-to deliverables, ends up with nothing (after making good on what’s promised to the client’s satisfaction)… because government strips the client bare with huge fines for following faulty government regulations? That’s called “Lose-Lose.”

Oh, contest it? A $15,000 legal fee escalated to $35,000 produces a favorable ruling for the consultant to be paid $60,000 because an intimidating, manipulative lawyer (there’s some other kind?) pushed the unsuspecting consultant into categorizing the contract as a “may” pay deal rather than a “will” pay one.

Well, $60,000 doesn’t even cover expenses, but, hey, it’s better than nothing, right? Wrong. Because to get a judgtement for the $60,000 means going to a different state and starting over with a new $40,000-fee law firm. Do the math. [Yes, this example is fictionalized to make a point, but it’s one that’s based on true events].

The message here is that justice is what you make of it for yourself by paying close(r) attention to everyday issues, by using inordinate care in those you choose to do business with, and –like those in the building trades– by always getting paid enough (typically one-third) up front to cover expenses (materials).

When the market is strong, construction guys rarely lose their businesses. After the one-third up front, they charge the second third halfway through the job (to cover salaries) and the last third on completion with satisfaction (to cover profit). Many top B to B services and creative service providers use the same formula.

When markets are NOT strong (which, since 2008, we all know all about), the exercising of increased attentiveness and due diligence before contracting outside services or purchasing from new suppliers is not just sound advice. It’s the way of capturing that often-elusive ingredient that will keep your scale of justice balanced.

Bottom line: Justice is rarely served in business by those outside of business. If you want that to change so you can spend more energy with your business and less with your stress, do something about it. November 6, 2012.

                                         

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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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Oct 17 2011

BIZ ALPHABET SERIES… “D”

Welcome to the world’s first

BIZ ALPHABET SERIES of blog posts — 

 

“D”…DELEGATION

 

 Does it make a big difference if I tell you 

to do something . . . or ask you to do it?

~ ~ ~ ~ ~ ~ ~

                                                                        

Telling you what to do might work out fine in the military, or aboard a plane or boat, or operating heavy equipment . . . or if you’re a prisoner, a horse, or a Cocker Spaniel.

But, in business, unless you –the owner or manager– need to prompt cooperation with others to get a job done, the results you’ll trigger by giving directives cannot compare with the response you’ll get from making a request, which can be astonishing. And when was the last time you got great results from giving orders?

US President and General Dwight David Eisenhower taught his senior officers how to exercise leadership by pushing a tangle of string across a tabletop vs. taking one end and pulling it, which of course ended with the string in a straight line moving in a single direction, instead of a jumble going nowhere.

Yes, sincerity, genuineness, eye contact, backpats, your posture, tone of voice, and and smiles often make the difference. So does the reputation you carry for having integrity and authenticity — perhaps the two most important qualities an entrepreneur can have on the road to success.

And, interestingly, integrity and authenticity are ever too late to cultivate.

Well, okay, you know all that, but how far must you go with the “please” and “thank you” routine? Truth? You’ll never go far enough, and if it’s actually become “routine,” go back to your cave.

Here are a few treasured learnings I can share:

  • Even when we think we know, little do we ever really know about what life circumstances will bring, and where we’ll end up with our businesses in the years ahead.

  • I have seen discounted, dismissed, dissed and insulted employees turn up years later being the bosses of those who once humiliated and looked down on them.

  • I have seen long-term top customers walk away from businesses in an instant after learning about relatives (a son, in one case) who worked for the provider business, unbeknownst to the boss, who were routinely berated, chastised, scolded, yelled at and wrongly blamed for screw-ups.

  • I have personally watched businesses run by owners who were rude, constantly preoccupied, always angry, and routinely barking out orders . . . go down and under.

Do you –like the carpenter and heart surgeon– make a practice of measuring twice and cutting once? Do you think twice before speaking once?

Remember

you can delegate authority,

but you cannot delegate

responsibility.

Responsibility is yours alone.

When you ask peopleto get things done, asking nicely is not manipulation, it’s respect. Use words that inspire and that demonstrate your passion for your business: opportunity, challenge, reward, investment, courage, pride, workmanship, spirit, spunk, gumption (add your own) . . . the right words make your passion contagious.

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Hal@Businessworks.US    302.933.0911

Open  Minds  Open  Doors

Many thanks for your visit and God Bless You.

 Make today a GREAT day for someone!

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