Archive for the 'Small Business' Category

Jan 30 2010

What’s Your “Speakunique”©?

Are You Selling Whackadoos

                        

To Nursing Home Residents?

                                                                                   

     There I sat, 23 year-old hot-shot ad agency guy, at the fancy New York City restaurant lunch table between Richard Gelb, then the president of Clairol, and Charles Revson, then the president of Revlon… both men at least twice my age and light-years beyond my dreams of wealth. 

     Considering the extent of business and fashion industry clout at each of my elbows, I was about as close as one can get to being a total nervous wreck.

     My boss, who’d been suddenly placed on the DL that morning, asked me to fill in and represent the ad agency’s interests in establishing some vague, centralized public relations program for the HBA (Health & Beauty Aids) market that we hoped would involve both their companies.

     “Speak unique, Son,” I was told about 90 seconds into my awkward spiel, after stuttering and sputtering out some feeble explanation about what I do for a living, and what the purpose of my insignificant presence with them was all about.

     In other words, the Clairol man was asking me to get to the point, cut to the chase, not beat around the bush, spit it out! What’s your frame of reference, he asked. Who’s your market, he asked. I stammered even more.

     “Well,” I improvised, “considering that your two companies sell the most hair coloring…” CRUNCH! The Revlon man’s fist hit the table hard enough to rattle the bluepoint oyster shells. “Son, we don’t sell hair coloring. We sell the promise of sex to single, young girls. And don’t you forget it!”

     I never forgot.

     What do YOU sell? Are you sure? Knowing unequivocally what you’re selling and to whom — straight out, without elaborate, politically-correct, marketingese language — will keep your business on course and your sales focus front and center.

     Famous for its (truly outstanding!) “Artisan Bread,”the ACE Bakery in Toronto, Ontario Canada www.acebakery.com sells the “promise of every employee” that the bread is their very best quality using only the best natural ingredients, AND that they are committed to a sense of social responsibility for the community that supports them. ACE donates a percentage of pre-tax profits to local charitable organizations, targeting especially food and nutrition programs for low-income neighbors. 

     What is YOUR business known for? What are YOU doing about it? How are YOU representing it? DO YOU “SPEAKUNIQUE”?

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Jan 28 2010

The State of The Small Business Message

No, we’re NOT past the worst,

                                                   

the job creation plan’s a scam

                                            

…but yes, you can still thrive!

                                                                                                                                                    

Here is The State of Small Business Message:

WORK HARDER, NOT SMARTER!

                                                                                                                                  

     Let the giant freshly-bailed-out corporations with taxpayer-dollar-supported operating budgets do all the “SMARTER” stuff. They did, after all, manage to get themselves financially stimulated, so they must be smarter than small businesses.

     And let us, the small businesses of America, simply not be stupid. Let us not be duped by grandiose, self-serving pep-talks that don’t walk the talk. We cannot choose to waste time and energy dealing with those down deep, fraudulent attempts to force-feed us bone-crushing defeats while patting us on the hands and telling us how great everything is going to be.

     Oh, sure, government should be rewarded for creating jobs, even though the jobs to be created are government job creations for government-funded projects being paid for with loans borrowed against our tax dollars? Does that sound like an economic recovery plan to you? It sounds like digging a deeper hole to me. Would you do this with your own business?

     But we can’t fight that without giving up our businesses and our lives to do it. We need to cast this misguided naivete aside and just get on with making our businesses work. Yes, that’s hard. And no, we’re NOT out of economic bad times; we have NOT turned the corner; things are NOT getting better. If you think otherwise, just look around you, and listen…

     But the good news is that, YES, we can survive and thrive. It means doing things differently. We need to not worry about rising above our nation’s financial mess and bureaucratic free-spending incompetence, and instead to concentrate all of our energy and attention on making our own businesses work better.

     That means we must accept the fact that to truly make a difference, we must work harder. Here’s one small example:

     If you can get yourself to work just 15 minutes earlier than usual and leave just 15 minutes later than usual everyday, you will be adding as much as 2.5 hours a week, which equals 10 hours a month, which translates to 125 hours a (50-week) year, which equals more than 15.6 extra full 8-hour work-DAYS a year. Uh ~~~ 3 WEEKS!

     What could you accomplishfor your business with those three additional weeks? How about if everybody in your business agrees to donate just 10 minutes a day of early arrival or stay late time? Hmmm. What else does that make you think about? 

     When you work harder, you lead by example, you attract more sales and referrals, you get more organized, your customers and suppliers will respect you more … and you’ll probably play harder too! You’re already working harder? Keep it up! It WILL pay you back!   

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Jan 27 2010

Are You Growing Your Business Or Killing It?

Are You A Cereal Entrepreneur

                                                  

Or A Serial Entrepreneur?

                                                                       
Special thanks to Doyle Slayton at www.XOOMBI.com for the inspiration   

                                                                                                                                          

In case no one’s put their hand on your shoulder and whispered in your ear for awhile: Psssssst! Life (even business life) isn’t about being a serial killer no matter what you do with, for, or to yourself!

     Think you could name a few prominent athletes, a few Hollywood types, a few businesspeople (maybe even a cousin?) who’ve overplayed their killer instincts and thinking they could do whatever they wanted — whenever and wherever they wanted — to the point of crashing their lives into a wall? Daily news reports will help joggle your brain.

     Serial Entrepreneurs are no different. They charge from one venture to another with nothing in the cross-hairs of their sites but dollar signs. And they simply don’t succeed in life. Thankfully, these profiles are not the majority.

     Unfortunately though, when economic times are tough, there’s a mad rush into the marketplace from those who’ve been cut out or cut back at work to think the grass looks greener on the work-from-home side of the fence and they will typically hurry into a venture they’ve convinced themselves looks promising and plunk their savings into a startup.

     Most of these gold-rush fever serial types will end up making their situations worse than when they started. Why? Because growing and running a business is physically, mentally, financially, and emotionally exhausting. It’s a total brain drain (not to mention the slimming of your wallet).

     I wouldn’t trade it for the world, but I’ve learned as most do, the hard way.

     Fortunately, most entrepreneurs act instinctively on their burning desires to achieve something of consequence with the ideas they usher into the marketplace. Getting rich on an idea is not the reason for the pursuit. Making a difference is what counts. Making something happen. 

     If you’ve been fortunate to have inherited entrepreneurial traits, or have learned them from experience, a friend or family member, or through a legitimate hands-on training or academic environment, Bless You! Why?

     Because YOU are one of the people destined to make a difference in both the world and in this economy. YOU are one of the people most likely to build your idea to the point of creating new jobs. And YOU are one of the people who will lead your followers to achieve.

     How can you tell if you’re cereal material or serial material? Do you like to taste a little bit of everything? Experience a lot of different business flavors? Are you challenged by that? Do you thrive on taking an idea and seeing it all the way through to the end?

     Or are you just out to make one quick killing after another? If you answered yes to the last question, be honest in asking yourself if you have a track-record of being realistic.   

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Jan 25 2010

COMMUNICATING FOR ANSWERS…

What Kinds of Questions

                          

Do You Ask?

                                                                  

  [Here are 23 for YOU to answer!]          

                                                                                   

Dear Boss: Do you really need some answer you already probably know, or are you seeking some actionable insight about the individual, group, idea, or circumstance you’re questioning?

Did you ever consider that the more disciplined your management approach, the less likely you’ll want to know more than a yes or no answer, and the more likely you are to be a misfit in today’s business world?

Oooh, sorry, are you perhaps one of those exceptions who runs some quasi-military small business? Or you per chance captain a deep-sea fishing boat? Maybe you oversee electrical wiring experts who work on the tops of telephone poles, or workers who paint the top of the Washington or Golden Gate Bridge? You manage a shooting range? [You get the idea?]

Did you realize that the closer you are to the people who are the heart of your organization, and the better you are at exercising leadership by example, the less likely you’ll be to find gratifying results from asking questions that prompt yes or no responses?

Do you think through what you really want to know ahead of time, or simply wing it by firing off rounds of disjointed questions, figuring that  — because you’re the boss — you’ll get answers to everything you ask anyway, and will eventually find out what you want to know?   

Has it occurred to you how much time that wastes? Would you feel aggravated if you were on the receiving end? Do you think others see you this way? Do your family members see you this way?

If you don’t already practice it, did you know that asking open-ended questions will generate much more telling information than yes/no, true/false, and multiple choice questions? What’s a good example?

The best interview question to ask a job applicant is: “If I handed you a million dollars right now, what would you do with it?” Will you learn more from the answer to this question than from 20 questions about what’s on the resume? [Does a bear…?]

Two more examples? “What specific steps would you recommend to solve this problem our business is having?” [Not “WHY did it happen?”] Ask a constantly late employee to drop off a list with you on his/her way home that identifies “what 3 things she/he will do immediately to avoid being late in the future?” [Not WHY the person was late, which only produces excuses.]

Tailor your questions to the situation, the person or group you’re asking, and to generating the kind of answer that will be most productive for you to have. 

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Jan 24 2010

Click Your REFRESH Button!

Step Back From Your Business.

                                                                                                         

    When’s the last time you clicked your own “Refresh” button? After bursting out of the New Year’s gate, it’s only natural to get a little weary rounding the home turn, headed toward Valentine’s Day! But NOW is the perfect time to adjust your course and your attitude about the course that you’re on (this, btw, is not an endorsement of happy hour).

     You already have your goals. And they’re specific, flexible, realistic and due-dated. Your new value-added products and services are off to a good start. Prospective customers are filling up the sales pipeline.

     Cutbacks haven’t left you with as many disgruntled employees as you imagined and most, in fact, have been rising to the occasion. Your marketing programs are working off sparser budgets and dipping into some unknown territories.

     You’ve innovated the innovations and things feel okay.

     Well, don’t shoot the messenger, but guess what? If things feel okay:

A) That’s not good enough. Maybe “okay” would have put you in cruise control a few years ago, but not in this economy, and not in this supersonic-tech-paced lifestyle. Things have to feel a whole lot better than “okay” to survive and thrive.  

B) A rolling stone gathers no moss (Thanks, but no — I didn’t make that up. Actually, my version has always been “Some action is better than no action”!). The point is to save the lounge chair and iPod for vacations and retirement. 

My friend Kevin Bousquet who runs www.InterlakenInn.com — a GREAT place for meetings — once said about tending to management transparency (as Jonena Relth calls it at www.TBDConsulting.com): “There’s plenty of time to sleep when you’re dead.”  

C) Do the 10-minute escape-to-reality thing, and in all probability you’ll surprise yourself. It’s not hard; in fact, your 3 year-old will help if you get stuck. Ready?

1. Step back from what you’re doing, clean off your eyeglasses (or take a couple of deep breaths http://bit.ly/Bb1Tw while you press gently against your closed eyelids for ten seconds), and

2. Take another nine minutesand 50 seconds to clean up, straighten out or rearrange something in/on/at your worksite that will help you be more effective.

3. One last step back, away from what you’ve just done. Another deep breath can’t hurt. And look at what you’ve just done. Critique yourself. What did you just learn about your self that you can apply to re-energizing and adjusting the course you’re on? Who can best help you?

What are you waiting for?  What are you waiting for? What are you waiting for? What are you waiting for? What are you waiting for? (Valentine’s Day is on the way!)

Hmmmmm? 

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Jan 23 2010

SELLING YOUR “INTERNAL” CUSTOMERS

Are You Marketing to

                                          

Your “Inner Circle”?

                                                                                  

     Besides your mother, there is no bigger fan support base for your business than the market that constitutes your “internal” (or “inner circle” of) customers. Perhaps you never thought of them as a market.

     Perhaps you never thought about who, exactly, makes up this hot prospect / top customer group. Here are some quick thoughts you might want to consider:

     Without exception, the best source of business is existing and past business. Most small business owners and managers realize this, if not overtly, then at least instinctively, and do a pretty decent job of catering to these special people.

     The second best source of business is your “inner circle,” your “internal customer market.” This is comprised first and foremost of your own employees and staff. And many owners and managers also recognize the potential attached to this segment of the internal customer market with things like employee discounts.

(As an interesting side note: In Ben & Jerry’s growth years, every employee was required by job description to take home 7 free pints of ice cream every week, which they of course served to friends and family and gave to neighbors, which became a seeding process to help create a “big buzz”! ), but . . .

     How many small businesses take the next step outside this innermost support ring? When did you last, for example, make special effort to gain customers from your vendor/supplier ranks?

     Think about the fact that at least part of the success of every vendor and supplier to your business (from manufacturing and office supplies, to specialized and not-so-specialized services) is dependent on your business’s continued success.

     Marketing? Ha! It doesn’t even cost anything to hand-deliver or email these people special announcements of special product or service deal considerations. The stronger your alliances with your vendors and suppliers, the more they’ll act as your UNcommissioned, UNpaid sales force as they make their rounds calling on other businesses. It’s like networking the networkers.

     Have you made efforts to similarly (perhaps more quietly) market your wares or services to outside visitors –including sales reps– who call on you in person or by phone? What about other businesses on your block, in your building, neighborhood, community, state or region?

     Internet social networks are not the only avenues for capturing customers from among those who already know of your existence and who may share some common ground. Put on your thinking cap, and keep open-minded. 

     And what have you done for or with the mass or industrial or professional media lately? Not only might those people be prospects for you, they have the ability to influence many others … So do you!

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Jan 21 2010

Small Business Business Is Big Business

Marketing your business outside

                                       

your small business market can

                                               

bring you BIG business returns!

                                                                                               

     Before you stick your nose up at the idea of marketing your small business outside your business market, sit back, absorb, and be willing to be surprised! In fact, I’m willing to bet that I’ll stop your mouse in mid-air within the next 3 sentences.

     Before you offer one of those 37 pet excuses why it doesn’t work, won’t work, can’t work, costs too much, makes no sense, is fantasy, and just ain’t worth the time or trouble — before you start in, let me tell you that you need to open your mind and re-visit the idea. Because it works! [That’s 2 sentences; 1 more to go; this bracketed stuff doesn’t count.]

     It can work for you and your business and (AHEM!) it’s free! Ah, there it is. The magic word that suckers every small business owner/ manager/partner/entrepreneur. Did it stop your runaway mouse?

     Okay, here we go…Let’s say you own a small appliance repair service business in Gumboro, Delaware, and you think it’s ridiculous to promote what you do to people who live in San Diego, Dallas, Detroit, Denmark, or Djibouti, right? (Sorry about getting stuck on D’s, and Djibouti? Who knows?)

     Well, you might have been right a few years ago, but with today’s smaller, quicker world, there’s really “no tellin'” where your next sale is coming from. Someone who sees mention of a small appliance business in her cousin’s hometown is likely to mention it in a next phone call or email. If you believe sales could be from anywhere, then sales could be from anywhere. Check out this little story:

A restaurateur friend of mine in California, knowing I went to college in New Rochelle, New York, recently raved to me in an email about a unique “no-menu” restaurant located in New Rochelle after having just seen it mentioned on Twitter, and then checked its website.

I’m a couple of states away now, but my brother’s insurance business is in Larchmont, New York, next to New Rochelle. When I called to wish him Happy New Year, I asked his wife about the restaurant. They knew the place, she said, but had shied away because they heard it had no menu. But my mention of the email I got piqued her interest and she said they would try it this week.

  • Total cost to the restaurant:    ZERO
  • Total value to the restaurant: PRICELESS (My brother’s a big eater AND a big tipper!) 

     There are thousands more stories like this for all kinds of small businesses that choose to not limit their marketing because making excuses and staying stuck in a time warp is easier to deal with than having to develop new promotional, publicity and marketing strategies.

     I’m not suggesting you suddenly abandon your steady customer base, or that you plunk down barrels full of cash to sponsor American Idol.

     I AM suggesting that small businesses need to put aside past thinking limitations and step up to global promotional efforts, especially when they’re available for free, 24/7, exercise a little imagination, and go at it persistently.

“Tell your LA & NYC friends they can get LA & NYC music composed & recorded in Ohio…better & cheaper @ http://bit.ly/7LzLES” is all it might take, for example, as a Twitter post (and a dozen characters left over, no less!) or post some variation a few times a day. Or on Facebook, or with a video and soundtrack sampler on YouTube.

     Got the idea? Go get the business? It may take longer than you like to get the “buzz” going, but it’s hard to beat the cost.      

                                                          

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

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

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Jan 19 2010

Practice Some Reckless Abandon!

U B wearin 10 yrs?

                                

(Where Will You Be In Ten Years?)

                                                                                          

A long weekend with grandchildren beats two years of graduate school for practical small business development input education. It tops all the TV reality shows too! Assuming you can stop long enough to follow the latest WII~iPod~WiFi~Skype~Twitter~Facebook~Skiff~Kindle~YouTube APPS, you may have some sense of tech developments dragging business by the heels across the universe … but you don’t know Jack compared to most 8 year-olds!

  • My 8 year-old granddaughter has her own website, illustrates and writes her own books, is into performance ice-skating, and plays on a girl’s basketball team.
  • Her 14 year-old sister has her own weekly (sometimes daily) political blog, aspires to a Senate seat in 2026 as a stepping stone to the Supreme Court; she’s on a competitive synchronized ice-skating team.
  • Their 12 year-old brother creates his own computer-designed amusement parks and roller coasters in between basketball and soccer team schedules and playing the trumpet in his school band. 

    Ho-hum, so do all kids today do that stuff. They’re all walking Googles with maniac time crunches. ~~~~RIGHT! AndYOU have kids in your life. And what are you learning from them besides that their lives are nothing like ours were when we were their ages. In fact, our existences have probably been closer to our parents’ existences than they’ve been to the lives of our own children … y’think?

     So where on Earth (or beyond) does that leave us with our world of small business when we take a step or two or three down the road apiece? Are we all tangled up in our past issues to the point of missing what’s happening now? Or — equally unhealthy — are we lost in future reveries to the point of missing what’s happening now?

     What keeps us centered and focused on the present? Young children, babies and puppy dogs all seem to possess that certain present, “here and now” sense of awareness, lack of inhibition, lack of preconceived notions or judgments, and — as a result — are able to think and create and innovate with reckless abandon!

     Take a lesson from them. Play on the floor, in the grass. Watch and listen. Let them lead; you follow. Ask and understand. What are they doing that can help you do a better job right now with what you’re doing? If you think that answer is something to sneer at, you may be having a problem with choosing your behavior. Maybe no one has let that be okay for you. Maybe you haven’t let it be okay for yourself! Why should you? Keep reading…

     So, here’s the kicker: Go to this link  http://bit.ly/Bb1Tw  now for 60 seconds; give up that adult resistance thing and put this “here and now” focus tool to work for yourself. Use it to pry open your business eyes and ears a little.

     I’m told by many that it’s changed their lives. Hey, and it’s free. Let me know how reckless you can let your thinking be with that one big problem that’s been making your business crazy. Go on. Tax your imagination. Start with this 60 seconds …   

# # #  

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Jan 16 2010

(more) Small Business COMMUNICATIONS…

Humility Beats Flattery

                                                                                                            

     Sure, it’s nice to give and receive flattering comments — when they’re sincere. Trouble is that truly genuine sincerity is about as rare as a flock of spotted owls landing on your Uncle Sid’s satellite dish.

     Humility, on the other hand, is internally driven and –by its very nature — never questioned for authenticity. Contrary to Hollywood’s overblown theatrics, humility is not a simply silent behavior that requires a reverently bowed head, hat-in-hand, innocently blinking eyes presentation. Humility is an active choice.

     Both words (humility and flattery) are over 700 years old.

     “Humility” at Dictionary.com is defined as the quality or condition of being humble; modest opinion or modest estimate of one’s own importance, rank, etc… humbleness.

     “Flattery” is defined as excessive, insincere praise; fawning; pandering.

     So how would you categorize the last time you exercised these behaviors in your dealings with associates? With employees? With Customers? Vendors and suppliers? Referrers? Within your industry or profession? Your community?

     What did each incident get you? I’m willing to bet the ranch that your humbleness outperformed your pandering in terms of triggering positive responses … 100% of the time! Would that be an accurate assessment?

     So what’s preventing you from choosing the winning behavior more often?

     The answer to that question is: YOU!

     It is an active and conscious choice to deal with others in a sincere or insincere manner.

     Choosing humility translates to giving genuine credit to where genuine credit is due, even when you may not like or agree with the source, and this especially applies to those who work for and with you.

     It also means being careful to not underestimate the performance capabilities or the sincerity of others, again especially of employees.

     How can you best accomplish these ends?

  • By listening 80% of the time.

  • By paraphrasing what you just heard, in your own words, and checking with the source to make sure you have a clear understanding of the other person’s thinking and intent, and that you’re not imposing your own bias into other’s ideas and suggestions.

  • By asking for examples, to better clarify statements.

  • By taking notes so you can

    • Sleep on it when time allows

    • Recover where you left off when you get interrupted (which can sometimes last hours or days)

    • Accurately reflect other’s comments and credit them appropriately

    • Build others’ self-esteem; when you jot down notes of their comments (and, by the way, directly ask them to slow down so you can keep accurate notes), you are quietly saying that you value and appreciate others and their ideas.              

                                       

Bottom LIne: 

Don’t think that because you may already have a successful business, that you have all the answers. Odds are you may simply have been lucky to get to where you are, and that you really don’t have ANY answers.

Regardless of what you believe, you and your business can only stand to benefit by listening carefully — and with a strong sense of humility — to what those who surround you have to say. My best guess is that you’ll surprise yourself!

                                                     

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Open Minds Open Doors

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Jan 14 2010

Small Business Communications

 The birds and the bees and

                                                   

the geese and the trees all

                                                    

communicate better than

 

you!

 

At least, that’s what the odds are. They all spend their lives at communicating. You probably spend yours energizing your business, and not giving a whole lot of thought to keeping those around you informed or engaged in dialogue any more than you think you need to, right?

Ah, but energizing your communications is the highest form of energizing your business.

Well, even if this assessment is only partly right, it still means you are completely wrong. Sorry for the hard line here but I don’t imagine you’ll get much tough talk from those who work for you, or from your mother or your dog. And a good swift kick in the butt can sometimes get the head in gear if you know what I mean.

Are you communicating too little to your associates and staff? (Do they tilt their heads and squint a lot?) Or perhaps you tell them too much? (Do they nod politely and look at their watches a lot? Pull up the sidewalks and get outta Dodge if they start listening to their watches!)

Or do you communicate just the right amount? How can you know what the right amount is? (Do your people sit up or lean forward and ask questions? Do they take notes? Do they ask for examples? Do they repeat what you said to make sure they’ve got it right?

HA! Do YOU do these things?

How often do you engage those around you in real heart-to-heart business discussions? Do you directly ask for their opinions, and actually l~i~s~t~e~n to their responses?

Did you realize that MBWA (Management By Walking Around) is still considered the approach of preference for most successful owners, operators, managers, and virtually all entrepreneurial leaders? People like to have you visit their work sites and talk with them about what they’re doing.

When you can do this every day, you are helping ensure greater attention to detail and pride of workmanship. Plus you can leave when you want to, and it’s  good exercise. It will keep you in touch with what’s going on in your business day to day, and will even discourage time-wasting activities.

Have you thought lately about the direct relationship between taking your people into your confidence and the boost it gives their self-esteem to know that you (their surrogate parent) regard them highly enough to confide in them, to ask their opinions?

Did you know that every time you help boost an associate or employee’s self-esteem, you are also helping to build her or his self-confidence, and that — all by itself — can produce increases in both productivity and sales?

Like the most effective rewards, communications are best delivered frequently and in small energetic doses … “bursts,” if you will. Remember you want what you say to be contagious because motivated employees who feel they are making a worthwhile contribution will outperform your expectations (and your competitors!) every time.

 # # #

   Hal@Businessworks.US   931.854.0474

  Open Minds Open Doors 

   Thanks for your visit and make today a GREAT day for someone!

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