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AtricleZine - To Go or No Go, That Is The Question
When Enron bought up energy contracts and install them back to the state of California for five times their face value, it one of nearly bankrupt the state, it did bankrupt one major energy supplier. Yet, Enron is perfectly allowed to do this, based on the laws of deregulation of the energy industry passed in California. When California settled to pay Enron only 2 and a half times the cost, Californians were still hurt. In almost every trade journal, they talked about increasing energy costs in California for small, medium and large businesses. But Enron was not the only person did this; I remember reading about a company in Portland OR, a steel company that had a three-year contract to buy energy from a hydroelectric power plant in the Dalles in OR. Seeing that the energy contracts was for a low amount of money, an
One of the basics of acting taught to me in grade school was the important principle of "staying in character." Staying in character means holding the image and personality of the character you are assigned to portray without letting your own personality leak through.Applying the principle in school, I would lock my legs stiffly and allow my arms and hands to flex gently as if they were in a flowing breeze. It was not easy for me as a third grader to stay in character as a tree.My professional acting career still lies dormant, but the concept of being in character is wide-awake. I heard a story last week about a small business that makes a point of having its employees remain in character at all times during the work day. No, I'm not talking about Disney World. I'm talking about a dentist's office in
A feasibility plan is just that: a written plan that is created for the sole purpose of validating the feasibility of a business idea. Some call it a “Go/No Go” plan, because the results of a well-constructed feasibility plan will tell you whether or not the idea has a chance for success (that’s a Go) or if this idea wo
One of the things I am often asked is how do I manage to talk to so many different people at an event and get into almost any conversation that is going on. The key to this is simply eavesdropping. I stand outside the circle and listen to the topic of discussion. If I know nothing, I simply move away and eavesdrop on the next group. When the topic comes around to something that interests me or I know some of the answers, I smile and slip in an important comment. The circle always opens up and I find myself included. I then introduce myself and then we continue the conversation. The key to getting into the conversation is to only go where you have something of importance to say. If they are discussing a recent movie that you saw, then by all means throw out a question to the group and wait for an answer. M
A feasibility plan is just that: a written plan that is created for the sole purpose of validating the feasibility of a business idea. Some call it a “Go/No Go” plan, because the results of a well-constructed feasibility plan will tell you whether or not the idea has a chance for success (that’s a Go) or if this idea w
Many pressure washing companies will be glad to take on additional work when a company calls them up to come and wash, but the days of cleaning asphalt compactors, steamrollers, paving equipment with diesel fuel are gone forever. If you are caught doing it the old fashioned way it's a $1,000 fines in the United States, fist offense and you pay for cleanup. The second offense is $10,000 and one year in jail and you pay for cleanup, in August of 1999 Newfoundland became the last place in North America to outlaw washing out asphalt dump trucks and paving equipment. It is now illegal every in the US and Canada to hose down paving equipment in this manner. This is because one gallon of Diesel fuel can pollute one million gallons of fresh drinking water about the allowable limits for safe potable water supplies.
A feasibility plan is just that: a written plan that is created for the sole purpose of validating the feasibility of a business idea. Some call it a “Go/No Go” plan, because the results of a well-constructed feasibility plan will tell you whether or not the idea has a chance for success (that’s a Go) or if this idea w
Good time management for salespeople has been an obsession of mine for more than 30 years. In the last decade, I've been involved in helping tens of thousands of sales people improve their results through more effective use of their time. Over the years, I've seen some regularly occurring patterns develop - tendencies on the part of sales people to do things that detract from their effective use of time. Here are the four most common time-wasters I've observed. See if any apply to you or your salespeople.1. Allure of the urgent/trivial. Salespeople love to be busy and active. We have visions of ourselves as people who can get things done. No idol dreamers, we're out there making things happen! A big portion of our sense of worth and our personal identity is dependent on being busy. At some level in our
A feasibility plan is just that: a written plan that is created for the sole purpose of validating the feasibility of a business idea. Some call it a “Go/No Go” plan, because the results of a well-constructed feasibility plan will tell you whether or not the idea has a chance for success (that’s a Go) or if this idea w
I got my first credit card at 18 and have been in credit card debt ever since - sometimes severely. That's over 20 years of a love-hate relationship with the plastic.Then, a friend loaned me the book, The Total Money Makeover, by Dave Ramsey. The book is about getting - and staying - out of debt. Excellent book by the way whether you have bad credit, good credit and/or no credit. Following is my story.One of the credos the author lives by is that you don't need credit to get ahead in America. This was a radical notion for me because we are a society that thrives on credit.It's people who don't have debt who are anomalies, not the other way around. So, this got me to thinking, can you advance in America without using credit? And, I think Mr. Ramsey is on to something. You can
Many entrepreneurs would rather have their front teeth pulled without anesthetic than go to the time and trouble of creating a feasibility plan; often because they are afraid of what it will reveal.
The last thing an entrepreneur (particularly one without prior business experience) wants to hear is that their business idea won’t fly, so they put on blinders and resist testing the idea using real world information.
In an entrepreneur’s head every idea is a good one, every hit is a home run, and every story ends with the hero sitting on a beach drinking Mai Tai’s and lighting cigars with hundred dollar bills. No one w
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