Archive for the 'Economy' Category

Sep 28 2010

SALES STRATEGY

A to Z and Soup to Nuts

                                      

…Maybe. But maybe not.

Are you trying to have your business

be all things to all people?

 

It’s easy to see why any business owner would choose, or be tempted to choose, a path of omnipresence.

First in the line of reasons is the motivation to survive a continually worsening economy (spawned by the federal government’s continuing business incompetence, and aggravated by its dumb and dumber insistence that the recession ended last June!).

Reasons enough to drive any entrepreneur scrambling up the wall of desperation.

Second, we need look no further for examples of others making “Sales Offering Sprawl” work, than to tune in to the examples offered by many product-based companies.

Traditional product specialization offerings have been sidetracked, integrated, absorbed, and demolished.

In retail and online businesses alone, we can barely keep up as consumers with where’s the best place to buy what.  

We’ve watched drugstores evolve over the past generation from independent prescription pharmacies supplemented by inventories of OTC (over-the-counter) drugs and some limited HBA (health & beauty aids) products, plus maybe a 6-stool soda fountain and some penny candy, into today’s behemoth supermarket and electronic warehouse (even furniture) chains that seem to sell everything under the sun.

Most notable of course is the inclusion of complete in-store professionally staffed medical facilities — and the forerunner of that: tucking entire pharmacies under the same roofs, as a number of industry-leading retail giants have done.

So why wouldn’t it seem appropriate to aspire to include a little bit of everything under your own roof?

Maybe it is appropriate, but don’t just think so and then do it. Entrepreneurs take only reasonable risks. That “Best Guess” path is not a wise or reasonable risk. Take the time and trouble and energy and expense to define, set up and run focus group discussions with target clients/customers to determine what they really think instead of what you think they think.

Design a strategic plan. It need

 not be fancy, but it needs to exist.

The good news is that if the November elections can produce enough upstart representation by people who understand that new small businesses are the nation’s only source of job creation and that job creation is the only way to turn the economic tide, business can be more free-market and free-wheeling and more competitive again.

But the bad news is that until that point actually occurs (probably 2-3 years away at best), decision making about what your business is in business to sell needs to be more cautious and needs to be based on more than opinion.

Service businesses are not product businesses.

B to B businesses are not B to C businesses.

Avoid getting caught in that tangled tidal wave of confusion by sticking to what you specialize in, by developing strategic plans for how to proceed and by encouraging more than SBA lip-service and make-believe assistance to small businesses.

# # #

 Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals!

Make today a GREAT day for someone!

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Sep 25 2010

COUNTER CULTURE

A business wallowing

                                          

in its own culture is 

                                            

rapidly irrelevant, and  

                                                 

moving toward extinction.

                                                                    

(Yet corporate giants need it to survive!) 

 

I just read somewhere (Twitter?) that “Company culture is the priority” for some business organization whose name I’ll withhold to spare them embarrassment. I never heard of the company, but no doubt it is either part of some corporate giant sprawl or, sadly, some idealistic young tech business that is tripping over its own inexperience.

Any company that devotes its priorities to promoting, maintaining, nurturing, and protecting its own culture is totally out of touch with the realities of doing business in 2010. Admittedly, “never forgetting where you came from” is a healthy, driving energy force for every business owner, but dwelling on it is exactly what is wrong with the ways corporate giants conduct business today.

If your business is not customer-centric in every application possible, it is headed toward the great business burial grounds up in the clouds. Developing pie-in-the-sky programs to attract and keep top industry performers is a waste of time and money unless you totally lack the leadership it takes to foster and cultivate top performance from within.

                                             

The short solution:

Stop wasting so much energy on trying to inbreed specific employee characteristics and allegiances at a time when the only ROI you’ll realize will be major deficits (you remember him?).

If you’re not running some incompetent government agency, heavily subsidized corporate entity, or dreamy-eyed inexperienced new venture, don’t think of a culture focus as your bailout.

                                                          

Here’s the bottom line: You cannot focus on your company’s culture AND on serving your customers exceptionally enough to earn ongoing profits AT THE SAME TIME. There’s simply not enough hours in the day to devote your concerted efforts in both directions simultaneously. If you haven’t a treasure chest in the closet, stick to pleasing your customers.

What was it Abe Lincoln said about not being able to please all of the people all of the time? Yes, some self-absorbed employees will jump ship who are not catered to, but do employees who come to work with a daily “what’s in it for me” attitude do your business any good to start with?

Did you go into business to cater to employees or to cater to customers? Sure, employee recognition and motivational performance incentives are nice, warm, fuzzy actions. But don’t let them get in the way. If you do a good enough job of pleasing customers, you will automatically please employees as well…at least those who matter to your business.

                                                     

Those employees who are intrinsically challenged to be outstanding performers, who want to build their careers on achievement will rise to the opportunities you provide when you set the example.

Teach them how to embrace your customer base, instead of constantly pandering to their requests for more social activities.  

                                                

Is that a thin line? Perhaps. Yet, business owners who understand communications, and who practice leadership by example, and management by wandering around, can substantially reduce the need for many employee recruitment and reward devices because they create an environment all by themselves that make others gravitate to serve their pursuits. Voila! “Counter Culture”!

Put the spotlight on the customer and teach employees how to focus it, how to keep it shining and how to change the bulb when necessary, then reward them for how well they do what they do instead of for the promises of their smiles behind their resumes.

We need only look briefly at the complete financial losses attached to professional sports team owners who buy into promises of greatness vs. those who make the long term investments of cultivating from within. A great team culture doesn’t matter if you can’t perform in the clutch.

 

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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Sep 20 2010

The Inner Game of Business

Seeing Yourself Win

                                 

At Business,

                                        

Makes It Happen!

(And when you can make it happen, you can make a difference!)

 

Yes, business is a game.And let’s face it, there’s probably never been a more exasperating, more struggling time in American history than right now to try and launch or rocket-boost a business. The economy is in shambles and continues to sink daily.

It is unfortunately only going to continue to get worse until something more substantial than lip-service is paid to the stimulation of small business job creation. This will take real and significant tax incentives extended to entrepreneurs. Small businesses that have been laying around for years are the economy’s engines, but new entrepreneurial enterprises are the fuel!

New businesses create jobs. Job creation is (for the zillionth time on this blog site) the ONLY solution to our ever-sinking economy.

The Administration lacks business experience and knowhow to the point of patheticness (even if there’s no such word, that’s what it is). 

To have even thought that “stimulus” (tax dollar) money for corporate giants was the answer, is both naive and dumb.

To think that the nonstop reckless spending patterns being flaunted by government, and that politically-motivated tax increase and ill-conceived healthcare proposals represent an answer, is pure lunacy. They simply serve to compound the financial collapse of those very businesses that hold the key to revitalization.

How does an entrepreneur with a new venture face employee healthcare requirements and increased taxes with every innovation that has the potential to create jobs?

Competitive businesses (are there any other kind?) are beating each other’s brains in. Strategic alliances and collaborative efforts have made valiant efforts to rise above the fray — trying to cooperate, lock arms, hold hands, and march shoulder-to-shoulder was a nice diversion as times got tighter, but those are just new game applications. They don’t change the basic free-market-enterprise-doing-business-to-make-a-profit game!

And what else is business for but to innovate, create jobs, and make a profit?

Social reform? Sure, that’s great when it’s affordable.

History has proven at every turn that social causes underwritten by businesses that stand solidly on strong financial foundations are more successful than those causes underwritten from a position of weakness.

How can you truly help less fortunate people and causes when you are struggling to pay your own bills? Charity must come from the heart, but effective large-scale charity must also come from financial strength.

The bottom line remains that it takes sales to produce revenues and it takes revenues to pay overhead and open the door to profits. The problem with all this is that government controls strangle business sales initiatives. And corporate bailouts were a failure-ready-to-happen before they ever happened. Their sole accomplishment was to increase the deficit by adding more debt.

What options are left? If you own or run a new business (since 2001), your best option is to make a winner of your business by seeing it be a winner every day and every night, every waking hour possible (after personal, family, spiritual and community time).

That means closing your eyes and “seeing” the customers you want coming in your door or to your site. It means imagining each growth step taking place, including employee loyalty and leadership development, bank deposits being made, bill payments becoming a minor event, investments in operations and job creation zooming. Then, fully supporting the charity of your choice.

Every great athlete and sports psychologist will tell you that seeing yourself in your mind as a winner, doing winning things in winning ways, produces victory. It’s no different for business owners, except there may be more diversions to deal with. But when all is said and done, you become what you think about, and so does your business!

Try it. Be Tenacious. You’ll like it. It works. 

# # #

931.854.0474     Hal@BusinessWorks.US  

Thanks for visiting. Go for your goals!

Make today a GREAT day for someone!

2 responses so far

Sep 12 2010

THOUGHTS ARE THINGS!

You Become

                        

What You Think About.

 

You’ve heard this from Napoleon Hill, Brian Tracy, Dr. Wayne Dyer, Earl Nightingale, Buddha, Stephen Knapp, Sanskrit, The Secret . . . and the list goes on. But what have you DONE about it?

Thoughts Are Thingsis also the title of a book written by Prentice Mulford in 1889. This great bit of wisdom in just three words (!) from Mulford came long before contemporary authors ever began writing about the power of thought.

“Okay, okay, so it’s been around a long time. So what? This is 2010, the economy sucks, and in my business, there’s no time for touchy-feely mumbo-jumbo stuff that doesn’t bring sales in my door!”

Aha! But it can. And it does. You, though, must first respect it enough as a way of life to follow, as an approach to adapt to yourself and your own business and personal pursuits, and make it be your own.

To work, you must remain committed to it (and to yourself and your purposes) night after day, and day after night!

Mulford explains that we each have two minds:

1) The mind of the body (Need a quick example you can believe? Talk with any cancer survivor.)

2) The mind of the spirit (Go back to the first sentence for a resource round-up to learn more, and as you Bing and Google it, tuck the pieces you get under your business hat. It won’t take much to give yourself a wake-up call, if that’s what you seek.)

Stephen Knapp in chapter 3 of his work “Your Thoughts Create Your Future” http://bit.ly/9PaXsp is an interesting source for more of where this concept direction can lead you on a personal basis, and is a great place to start . . . even for a 30-second zoom read of just a few sentences that pop up on your screen.

“In the course of our lives we may be bombarded with negative thoughts, energies or scenarios that may come not only from within us but also from outside ourselves or from others,” says Knapp.

“All around us is a network of people, businesses, governments, publications, movies and music, all telling us what has been going on, or what they think is best for us, what we should buy and do, or what we should think about something. As soon as we tune into the radio, television, or open a magazine, it all jumps out at us,” Knapp continues.

“Our minds,” he says, “can be receptacles of these thoughts and desires, or even criticisms, which then become a part of our own consciousness if we are not careful. These thoughts are like electrical currents which, although unseen, can be felt and produce internal effects.” More at www.stephen-knapp.com

Knapp theorizes that the more prominent people become in society, which certainly includes within your company, within your trade or industry or profession and the communities your business serves, the more that others “will focus their thoughts and energies on you. Some may simply be envious of you… blame you for their problems.”

Translated for business owners, solid evidence exists that the everyday misunderstandings that lead to business downfall can be prevented.

Knapp’s suggestion is to practice raising the consciousness of those who try to attack you. “First,” he so wisely points out,“there is no attack unless you accept it,” and he labels attack efforts as “calls for help” that we can best deal with by responding with help, instead of reacting.

Happiness is a state of mind. It is, in other words, a choice that each of us can control. We can choose to be happy and not be negatively affected by what goes on around us every day. Is it hard? Sure, if we choose for it to be hard. But we can choose for happiness to be easy.

That doesn’t mean it will be easy every day, or every minute, but happiness certainly will happen more often. The happier we are, the better leaders we become, and the more rapidly and solidly our businesses grow. Can’t we just do this for awhile ’til things get back on track? Can you stop dieting and exercising and sleeping right as soon as you start to improve and feel better?

# # #

931.854.0474 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!

7 responses so far

Sep 04 2010

The Customer Cusp

Is There a Crack in Your

                                                                     

Business Liberty Bell?

                                                                                                                                

Dear Ship Captain:

Maybe your people were never at liberty to learn how to hold on to customers when economic seas got rough? No, bungee cords are not the solution! Giving your people the freedom and incentive to learn is the solution. Why now when every penny counts? Because every customer counts! And the bigger the waves, the more widespread the sense of panic — for your customers and customer businesses as well as for your own.

Your customers may not be in the same boat 

. . . but they’re in the same boat!

                                                                                 

This of course doesn’t apply if you’re working in a cushy, tax-dollar-supported government position — one of those newly-created jobs we hear about that are simply adding to our catestrophic national debt. (Sorry, had to get that dig in because, regardless of who did what to whom or who blames whom, the fact remains that those artificial “new jobs” are a large part of why things are the way they are.)

Bottom line is that you have to know that being in the same boat as your customers (and your neighboring and affiliated businesses) translates to the need for teamwork in order to survive in storms, and help ensure that every one’s rowing in the same direction. (You’ve seen the Olympic motivational poster: TEAM…Together Everyone Achieves More. It’s true in business too!)

What can you do about weathering this storm

beginning first thing Tuesday morning?

                                                                             

How can you take a firm foothold of quiet leadership? How can you promote and foster teamwork between your own unsteady business and your nervous or floundering customers who may be on the cusp of giving up their loyalty to you, in favor of less expensive products and services?

                                                                                          

The first answer: SET AN EXAMPLE. Show your employees and your customers (and other businesses) how to lead your common interests out of the darkness. Sure you have a vote in November, but that’s 60 days away and, even with sweeping changes, it maybe another year before any entrepreneurial-job-creation relief surfaces. (This may help you get started: http://bit.ly/bo3ZJy)

The second answer: FIRST AID. Give your staff a “refresher” crash course on how to trip over yourself trying to delight every customer and every prospect. Keep reminding them to treat every business visit and contact the way they would want their closest family and friends to be treated. Make sure that “The Customer Is Always Right!” is not just a token expression.

Check out an A-1 classic customer service training video entitled “Give ’em the Pickle!” with Bob Farrell http://bit.ly/gD1b6

Develop an incentive planor program that rewards exceptional customer care efforts. Keep in mind that cash is not always the best or most sought-after reward. Read up on Maslow’s Hierarchy of Needs motivational theory; it works. Start with Net MBA:  http://bit.ly/mKk7D Scroll to “Implications for Management.”

The third answer: LONG-TERM CARE. There are many competent training organizations that specialize in customer service and customer relationship development and management that you can contract with for ongoing or quarterly session programs. Annual and semi-annual efforts are a waste of time and money. Here are two of the best resources to contact: 

Consider a customer-centric “Train the trainer” style leadership program from an organization like TBD Consulting (contact Jonena Relth) www.TBDConsulting.com for options that can bring your designated human resource person up to speed to be able to run ongoing in-house programs.

Another strong alternative –and one that can work independently or in concert with a program like Jonena’s– is Pro-Star (contact Meredith Bell) www.ProStarCoach.com –an exciting new way to provide every employee with their own individually customized computer skill development training and follow-up program, one that also allows for each participant to communicate regularly with her or his hand-picked skill development support team. 

                                                                                                                                                                          

www.TWWsells.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 30 2010

DECISIONS, DECISIONS . . .

First and third OR

                             

first and reverse?

                                            

Given the enviable place to have runners when you’re up (first base and third base), you might think tonight’s post is another baseball story, or first down and a reverse hand-off in football . . . Sorry, sports fans: This one’s about an unusual car, and your unusual business decisions . . . but that’s getting a step ahead; let’s get back to the car. 

I once had a choice of gear combinations for a car I was purchasing. I needed something to get back and forth to college, back and forth to work, and back and forth to parties (some things never change!). A friend of mine, Joe, had THE car for me!

It was an all-black 1954 Sunbeam Talbot 90. Now you may think that sounds like it should be on  the kitchen counter for blending your okra and lima bean smoothies, but it was a car — a classic luxury vehicle in England in its heyday.

It had a sunroof, leather interior, rumble seat, running boards along each side, a hidden pull-out bar in the back, fog lights, six hidden compartments, and barely a mark. It was only a few hundred dollars “because it had a little gear problem,” but “had to be seen,” Joe said. He was right. It was a dream car. Almost.

The “little gear problem” meant I would have to make a decision. I could have only first gear and third gear, OR only first gear and reverse gear. Hmmm. First and third meant revving the thing up to 20-25 mph (which sounded like a dozen weedwhackers in flight), and then quickly “pop” it into third gear (it had “Synchromesh” for gear shifting with some ease) and cruise along, having completely by-passed the missing second gear.

OR . . . I could have first gear and reverse gear – always a good thing, said Joe, in case I ever needed to back up! I asked about speed, but was advised that “something had to go” and I could only have one or the other. With first and reverse, I would of course be able to parallel park, and get out of sticky situations (a date’s driveway?) without having to get out and push.

I could floor it in first and get to the weed-whacker noise level, then pop it into neutral and coast to a crawl, then pop it back into first and floor it again, etc. I took first and reverse. My decision didn’t please a lot of other drivers, but I couldn’t imagine never needing to go backwards.

Has your business been forced to go backwards in this economy? Were you prepared for it? Were you barreling along going forward when you first saw the telltale signs of government incompetence rewarding big dumb companies for doing everything wrong instead of smart small businesses for doing things right? Did you have to shake your head like a wet dog? Are you still?

Decisions that plan for future disaster (building an underground bomb shelter, investing in emergency crank-up radios with every news item about increased awareness of terrorist “chatter,” taking a loss on eBay for your world series ticket options for the Cubs and the Mets) are not always the best to actually implement, but thinking through contingency arrangements is always a good thing.

Developing an exit strategy for a brand new business is like having a pre-nuptual agreement. It seems like a stupid negative influence at the moment of highest positive attitude. It flies in the face of gut instinct. But it is not a bad idea, and it will almost always be of primary concern to any person or entity who is investing in the new business. 

Leave your self and your business “wiggle room.” You may not need to build a bomb shelter, but you’d better know where to go  and when if the business/market/industry or profession you’re involved with, or your state/region/nation continues to step deeper into an economical abyss. Have a plan. Keep it in your pocket. But have one. You might need to back up a little some day. 

Failing to plan is planning to fail.

 

302.933.0116    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!

No responses yet

Aug 29 2010

What are YOUR “Best Business Interests”?

What you target

                                          

for your business

                                     

may not be healthy!

                                  

Think of it this way: You really want a bacon-wrapped sausage smothered in melted cheese on a slice of buttered white bread with side orders of scrapple and syrup, chili cheese fries , Buffalo wings and onion rings with ranch dressing, finished off with deep-fried cream-filled chocolate cookies and a glass of buttermilk . . .

                                                                                       

Uh, if that description makes your mouth water and you decide to head out to some nearby junk-food drive-in, make it one that’s very close to the Arizona, Indiana or Pennsylvania Heart Institutes, or the Mayo Clinic, and be sure your health insurance is paid up! “C’mon, Hal,” you say, “nobody is that dumb who would eat like that.” I have 2-words for you: Observe People!

Not only does stupidity find it’s way to the dinner table (or car-hop tray…yes, there are still car-hops!), but it’s also often used as an excuse for not knowing better because the excuse-giver is too preoccupied being a workaholic to worry about stuff like tumors, and fat, and stents, and clots, and cancer. But being smart doesn’t mean being worried. Worry only achieves stress.

Why all of this banter? Because many small business owners and entrepreneurs who do take care of themselves and who at least make an effort to eat and sleep right, fail miserably when it comes to sizing up what’s best for their businesses. Some who do a nice job of being realistic enough to recognize their own mortality seem to think their businesses are invincible.

                                                                                              

“Whaddaya mean this is a bad time for a bank loan? Can’t you see that this idea of mine will revolutionize the whole wind-shield wiper blade industry?”

“These services my family and I have been providing have worked like a charm for a hundred small businesses. Now it’s time to go get those corporate giants with the bailout money. Business is business, right? Just because they’re bigger doesn’t mean they can’t benefit as well.”

I spoke recently with restaurant chef/ owner partners who decided to be able to outdo the competition and market “farm to table” freshness, they would get up at 4 am every day and drive around to nearby farms themselves to hand-pick what they would cook for each meal. Considering they weren’t getting to bed until midnight, you can imagine the rest of that story. . .

                                                                     

If any of these examples causes you to think: So what’s wrong with those ideas?, you should maybe consider going back to the opening paragraph and head on out for one of those tasty meals. If you think these are all nut case examples, you should probably join the guy in the last sentence.

If it’s time for you to get with it, and adopt a more realistic attitude toward your business pursuits, then do it! It’s a choice. Behavior is a choice. You need to “stick to your knitting” when business times get tough. Rushing into anything is not generally a productive way to cope with an economy as catastrophic as this.

Use the time and energy instead to plan for when things get better (hopefully after November) and to make the most of what you have right now. Give customers more for their money and bite the bullet. Give employees increased responsibility and recognition instead of pay raises. Give suppliers consolidated orders you put together with other businesses to get better rates and discounts.

Switch your marketing emphasis from high-priced media buys to free social media and news release opportunities and find people who can help you make those work. Dress up and upgrade your website instead of trying to expand or add locations. Stay tuned into your industry, profession and markets on a day-to-day basis. Outsource tasks that take time and attention away from selling. 

                                                                                       

 www.TWWsells.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!

No responses yet

Aug 25 2010

ENTREPRENEURIAL INSOMNIA

What keeps small business

                                                                

owners awake at night?

                                                        
With appreciation for the inspiration for this post to Meredith Bell info@2020insight.net (publisher of a great free weekly self-development newsletter titled GOLDEN EGGS), based on yesterday’s conversation with Meredith about what keeps CEO’s awake at night.

 

As recently as three years ago this past May, a respectable study identified worrying about the caliber and extent of employee skills to get the jobs done that needed to be done (I’m paraphrasing here) as the number one reason that CEOs were unable to sleep at night.

But the economic impact on business was nowhere near as catastrophic at that time, and consumers were nowhere near as rambunctious.

Today’s business owners and managers are losing sleep over the inability of their business’s marketing efforts to keep up with the break-neck speed of change in the consumer marketplace (and slightly slower-to-respond industrial and professional service marketplaces). Wasn’t it just yesterday that $137 Kindle electronic readers were $400?

Without belaboring what’s prompted all the consumer scrambling for better greener quality with better warranty coverage at lower prices and faster delivery with improved customer service –because everyone is acutely aware of the maddening pace of information access and exchange– suffice it to say that marketing tools, methods, approaches, and people must rise to the occasion.

The place to start is at the point of word creation. If the words you use to market your business don’t work, nothing else can work.

If the words you’re using aren’t doing the job, it doesn’t matter how dramatic your graphic designs are, how friendly your website is, what fantastic salespeople you have, how terrific your operations are, how low your overhead is, how many awards you’ve won, or how spectacularly your products and services perform.

                                                          

It doesn’t matter.

                                                                 

What does matter are the words you use to get your prospects and customers to be aware of and buy into all of those assets of yours.

Business owners need to be evaluating their market performance daily, not quarterly or monthly, or even weekly.

In this centrifuge of market activity — unless you enjoy being thrown up against a high-speed spinning back wall, anything less than some form of daily analysis will not leave you enough time to adjust today what did or didn’t happen yesterday.

This doesn’t mean you need to get yourself caught up in some kind of delirium and start behaving like The Mad Hatter. It means you need to keep a sharper eye on the changes that are taking place, even as you read this, and be prepared to make adjustments if and when and as they become necessary . . . not a month later. 

Except for branding themes and policies, marketing words can be changed in a day! If your words are not doing what you need them to be doing this morning, change them tonight.

It’s true that one word is worth a thousand pictures. Not convinced? Consider how many images your mind can produce when you see or hear any of the following words:

  • AMERICA
  • TODDLER
  • GORGEOUS
  • STRESS
  • FREE
  • HAPPY
  • HOME
  • NOW
  • HEALTHY
  • NEW
  • LOVE
  • WATERFRONT
  • BIRTHDAY
  • PUPPY   

 www.TWWsells.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!

No responses yet

Aug 22 2010

SMALL BUSINESS STRANGLEHOLD

CONNECT THE DOTS . . .

 

#1.  It has been proven conclusively and repeatedly that job creation is the only pathway to economic recovery, growth and stability.

  •  Federal statistics released this week demonstrate that U.S. jobless rates continue to rise. The value of the dollar continues to fall.
  •  None of this matters to you? If you run a small business, it should. And what follows may matter even more to you.

 #2.  America’s entrepreneurs constitute this nation’s “agent of change” talent pool. Entrepreneurial ventures now account for over 30 million small businesses in the U.S.

 #3.  The overwhelming majority of new jobs in the U.S. is — and has always been — created by small business.

 #4.  The federal government – with no business experience at any level — has been giving staggering amounts of cash handouts to big business, which creates virtually no new jobs.

 #5.  Federal civil servants (which is a nice way of saying “people who haven’t an ounce of entrepreneurial spirit or savvy, and probably haven’t a single innovative hair on their bodies”) received an average pay and benefits in 2009 [according to a USA TODAY analysis reported today] of $123,049. The average private sector worker earned $61,051 total.

                                                                    

Where’s the incentive?

                                                

Misplaced of course. And why would you not look to a federal employment career where you can make twice as much money as you could by working for a private business? You’d have to be crazy!

                                                                                                                    

On the other hand, maybe you believe in yourself (not a common characteristic among federal employees . . . except for those who hold elective office).

Maybe you actually believe in the spirit of America, and don’t care about being disregarded, dismissed and just plain dissed. You think it’s time to take a stand for small business? You either do or you don’t.

If you don’t, you’re clearly in favor of providing bailouts to corporate giants and gargantuan financial support programs for totally useless federal ventures that – like most federal civil servant position compensation plans – simply drain the economy and put nothing back in. Is that what you went into business for?

Brain surgery certification is not a prerequisite for being able to understand that small business represents America’s only viable economic solution, and that continued reckless spending to underwrite federal and corporate pursuits is not the answer.

It’s a safe bet that any small business owner could easily and realistically $100 million in totally wasted spending inside of a ten-minute interview. Start with federal employee salaries!

                                                                             

 “The average federal salary

                                         

[according to USA TODAY],

                                

“has grown 33 percent faster

                                 

than inflation since 2000. . . 

                                      

and pays an average of 20

                                       

percent more than private

                                 

firms for comparable

                            

occupations.”

                                                               

Federal workers are overpaid. Period.

                                                  

Oh, and what are they overpaid WITH? Tax dollars of course. And how many of those tax dollars come from honest, hard-working, small business entities? Connect the dots.

Does it frustrate you to have your business growth and job creation opportunities be constantly limited and handcuffed, be over-regulated and over-taxed by politicians who are supposed to be representing you?

Does it undermine the very existence of your business to have to answer to politicians who are not business-minded, have no sense of business, do nothing to stimulate a competitive environment in the marketplace, and just don’t get it?                                                                                                    

 If these situations bother you, there are two important things you can do:

 1) Put your business into overdrive

. . . and develop more innovative and more economical ways to market your products and services, and to attract and reward and appreciate your customers.

 2) Start taking steps on your own behalf

. . . and on behalf of restoring this nation’s economy, by working with others in your industry, profession and community to replace those who spend what you earn on initiatives designed to hold you down, so they can spend even more of what you earn.  

# # #

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Hal@Businessworks.US   302.933.0116

Open  Minds  Open  Doors

Make today a GREAT day for someone!

2 responses so far

Aug 19 2010

ENTREPRENECONOMY

Entrepreneurship is 

                                    

the only solution to 

                                    

plummeting economy, 

                                    

job losses, and

                                     

government spending sprees!

                                                                 

It’s true. American history has demonstrated time and again that the only road to economic strength and stability is the one that leads to the support and encouragement of entrepreneurial pursuits. America’s federal government has underscored this point repeatedly with its own arrogant and misguided business incompetency that runs rampant to the core.

Job losses are continuing at a record rate, and new jobs are not being created.

Job creation is the single most powerful and essential factor in strengthening industry and service sector pursuits, and in boosting the value of the dollar. Job creation is almost exclusively the product of small business. Job creation does not come from the government that uses tax money to pay for useless jobs. Neither does it come from big business that invests itself in maintaining the status quo.

 Job creation is almost exclusively the product of small business.

Job creation is the child of small business because small business is owned and operated by entrepreneurs. Entrepreneurs don’t know how to give up. They don’t know how to spend their way out of problems. They find solutions, or — by instinct — create them! 

Entrepreneurs live with a  burning desire to make their ideas succeed.

Entrepreneurs alone know how to capture the spirit of innovation in both thinking and practice. And no one needs to look further for the proof of it than the single-mindedness of purpose exuded out of the garages of Bill Gates and Steve Jobs, out of the 10,000 attempts by Edison to invent the light bulb, out of the persistence and perseverance of Henry Ford and Mary Kay Ash and Ellen DeGeneres.

Why has nothing but SBA tokenism been offered to small business? Because tokenism is enough to make good press.

Why has nothing substantive been done to drive job creation incentives to small business and to stop breaking small business backs long enough to actually foster new jobs? Because it doesn’t suit prevailing political spending spree goals and because government has ZERO business experience.

America’s 30 million small business owners need to accept the fact that no help is on the way

What needs to happen: America’s 30 million small business owners need to accept the fact that no help is on the way, and start acting like the entrepreneurs they were in the early “pre-cushy” days. There needs to be a resurgence of pioneer spirit and a greater sense of self-reliance that seems — for the lack of necessity being the mother of invention — to have skipped a generation.

It means now is the time to dig in.

It means now is the time to dig in, to plant your entrepreneurial energy firmly into shouldering the growth of your own business, with regard for your neighbor, but determination to go forward without dependency. Government and big business won’t bail you out. And there is no hope for banding together such fiercely independent souls as entrepreneurs into some kind of grass-roots movement.

Without losing regard for others and their struggles, or the virtues of charity, or the good of the communities that support you . . . it is time to act on your own and in your own behalf.  If even a fraction of America’s 30 million upstarts lead their businesses out of the fog, they will create needed new jobs and brighten the economy with the glow of real sunshine instead of a fading flashlight.

 

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!

2 responses so far

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