Many businesses lose money yearly because they don't think creatively about the future.† They run their businesses doing what they think they should: dealing with customers, dealing with problems, ordering for their business, and paying their expenses. They act like their business is a job. They are surviving and that's it. They are not looking at the big picture. They need to use their business as a stepping stone to success. Picturing themselves as a successful business person, and setting up a plan to succeed.
Many of the businesses today are started by people who have been downsized or laid off. They are used to showing up for a job and getting paid, and this is how they are operating their business.
The first thing you must do is to find out what you are really good at. Many people want to know, "How can I make more money?" Unfortunately too many business people never ask themselves, "What am I good at?" They need to do so, and then ask it again every time they want to do something new. This is one of the biggest reasons businesses fail. The owners did not focus on what they were good at and did best. This does not mean you can't try something different. What it does mean that it is best to go with the skills and experience you already have.
The second thing you need to do is take an objective look at yourself. Take a piece of paper and write down what you can and can't do. Picture yourself hiring you. Would you hire yourself?† Would you be impressed? What do you know best? What are your hobbies? Can you turn that hobby into a business? Remember you work best at something you enjoy.
I was an exceptional secretary, so I started a word processing business. I loved typing and taking dictation by telephone, writing up letters, proposals and setting up identity packages. However, I hated having to drive around town to pick up and deliver projects, and cold calling for business. So after losing money, I shut down the business. A couple of years later I started another business where I was the assistant to businesses, but worked from my home. I got to do all the secretarial aspects, but out of a home office. All I had to do was send flyers and mailers to independent contractors. I also worked with answering services for referrals and gave them business, plus a cut of my fee.
What this means is you need to discover what your likes and dislikes are. People like to work at things they do well. They enjoy themselves more. A test for you is to think back over the last couple of days. Then make a list of the things you enjoyed doing. Think about when you were the happiest and what you were doing.
The third thing you need to think about and be able to recognize is: What your competitive edge is.† After you do the above test and find out what your strengths are, you will find that some of these strengths give you an advantage over your competition. Do your particular strengths and abilities help you provide exceptional customer service? Can you do something or produce something that others can't?
If you already have an edge over others,† put it to use. Make your customers aware of your unique qualities. The way to accomplish this is to be sure any advertising or promotional campaign you employ highlights your unique selling points.
The fourth thing you need to do is to plan ahead. While your business concept or product might be unique now, as we know people love to copy what is successful. So you need to plan for the long run. You need to be aware of what your competition is doing and keep your customers coming back.
The fifth thing is that just because there are things you don't like about your business, doesn't mean you give up. Yes, there are going to be certain things you like better than others. Every business person feels this way. However, if you don't like anything about what you are doing, then you might want to start a new business. Be sure before you do so, you give yourself the above test.
The sixth thing is sometimes you just need to make some changes in your business. See if there are certain things you can cut out of your business, a product or service, which you might not enjoy and it is not a profit center for you. Then drop it, and concentrate on those things that are generating a profit.
Maybe you need to make changes to make your job easier, such as buying new software, or a new computer system. Maybe hiring someone on a part time basis could take some of the workload off your shoulders, and allow you to concentrate on other business matters.
And last but not least is to be sure you take what you've learned about yourself, and set up a plan for your business for the future. Don't forget to write down what you're good at and ways that you can apply your skills to making money. You can take this information about your skills and put it in your promotional materials. Be sure you always have a notebook (or a voice recorder) with you to joint down notes to yourself, new business ideas to try. You want to be sure when you do write these things down that you also put a date next to them to implement that idea or strategy. This will give you goals to work for. Be sure to put these goals in a prominent place in your office. I put my goals on index cards and then put the index cards on my desk, on my calendar, and on my bulletin board. By having your goals visible to you, it will help you to stay on track. And, that is what it is all about - keeping your business growing and prospering.
Copyright 2003 DeFiore Enterprises
Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit www.homebusinesssolutions.com/">http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com
Accounts also linked to Honduras and Indonesia violated policy and were ‚Äėtargeted attempt to undermine the public conversation‚Äô
Twitter has deleted 20,000 fake accounts linked to the governments of Serbia, Saudi Arabia, Egypt, Honduras and Indonesia, saying they violated company policy and were a ‚Äútargeted attempt to undermine the public conversation‚ÄĚ.
Yoel Roth, the head of site integrity, said the removal of the accounts was part of the company‚Äôs ongoing ‚Äúwork to detect and investigate state-backed information operations‚ÄĚ.
US president accuses Tehran or its proxies of planning ‚Äėsneak‚Äô assault on US bases
Iran‚Äôs military and diplomatic leadership has hit back at Donald Trump‚Äôs claims that its proxies were planning a sneak attack on US bases in Iraq, claiming Tehran only ever acts in self-defence and has no proxies in Iraq, only allies.
The US and Iran are already at loggerheads over the impact of US sanctions on Tehran‚Äôs ability to fight the coronavirus pandemic, and the threat of a military attack on the US is likely to widen the dispute. The Iranian army chief of staff, Mohammad Bagheri, said the recent spate of attacks on US bases in Iraq were nothing to do with Iran, but were ‚Äúa natural response by the Iraqi people‚ÄĚ. He said US forces were being closely monitored minute by minute and any US attack would produce the most severe response.
More than a million Bangaldeshi garment workers have been sent home without pay or have lost their jobs after western clothing brands cancelled or suspended ¬£2.4bn of existing orders in the wake of the Covid-19 epidemic, according to data from the Bangladeshi and Garment Exporters Association (BGMEA).
Primark and the Edinburgh Woollen Mill are among retailers that have collectively cancelled ¬£1.4bn and suspended an additional ¬£1bn of orders as they scramble to minimise losses. This includes nearly ¬£1.3bn of orders that were already in production or had been completed, according to BGMEA.
Findings offer researchers new ways to measure intensity of emotional responses
Whether it is screwing up your face when sucking a lemon, or smiling while sitting in the sun, humans have a range of facial expressions that reflect how they feel. Now, researchers say, they have found mice do too.
‚ÄúMice exhibit facial expressions that are specific to the underlying emotions,‚ÄĚ said Dr Nadine Gogolla, co-author of the research from Max Planck Institute of Neurobiology. She said the findings were important, as they offer researchers new ways to measure the intensity of emotional responses, which could help them probe how emotions arise in the brain.
Zoom, the hit video conferencing platform, will freeze new feature development and shift all engineering resources on to security and safety issues, its founder has said..
The move comes as the company battles the damage caused by a string of minor scandals ultimately related to the same scrappy approach that enabled it to capitalise on the wave of global lockdowns in the first place.
Czech Republic, Hungary and Poland failed to comply with 2015 programme, ECJ says
Poland, Hungary and the Czech Republic broke European law when they failed to give refuge to asylum seekers arriving in southern Europe, often having fled war in Syria and Iraq, the EU‚Äôs top court has ruled.
The three central European countries now face possible fines for refusing to take a share of refugees, after EU leaders forced through mandatory quotas to relocate up to 160,000 asylum seekers at the height of the 2015 migration crisis.
The Senakw development aims to ease the city‚Äôs chronic housing crisis ‚Äď and to challenge the mindset that indigeneity and urbanity are incompatible
The scrubby, vacant patch beneath the Burrard Street Bridge in Vancouver looks at first glance like a typical example of the type of derelict nook common to all cities: 11.7 acres of former railway lands, over which tens of thousands of people drive every day.
This is not any old swath of underused space, however. It‚Äôs one of Canada‚Äôs smallest First Nations reserves, where dozens of Squamish families once lived. The village was destroyed by provincial authorities more than a century ago.
Amazon have arrived in force in rapidly expanding Hyderabad, with designs on the currently almost non-existent Indian e-commence market
The futuristic lobby of the new Amazon building in Hyderabad feels as though it should have a permanent orchestra blasting out Also Sprach Zarathustra. The scale is intended to awe. A large slogan on a wall suggests the company is ‚ÄúDelivering smiles‚ÄĚ. The only sound that rises above the hush is a synthesised beep, coming from a giant screen playing a video of the campus at various stages of its construction.
Built on nine acres in this Indian city‚Äôs financial district, it is Amazon‚Äôs single largest building globally and the only Amazon-owned campus outside the US. It can house over 15,000 employees, but its size is its main architectural feature: it resembles the same cube of glass steel and chrome seen in corporate offices across Hyderabad, though a flash of magenta reflected in one of the top floor windows, from a billowing sari across the road, is a nice Indian touch.
Minibuses that run on Friday evenings and Saturdays buck state‚Äôs religious restrictions
Tel Aviv is one of Israel‚Äôs most dynamic cities, but the latest local craze could appear fairly humdrum to outsiders ‚Äď a bus service that runs at weekends.
Packed 19-seat minibuses fill up fast with passengers, who excitedly gossip about the new routes. People patiently queue at bus stops, knowing they might have to wait for two or three buses to pass before there is a space. Still, they are upbeat. ‚ÄúIt‚Äôs a pleasure,‚ÄĚ said Ben Uzan, a 30-year-old electronic engineer. ‚ÄúIt‚Äôs a blessed initiative.‚ÄĚ
The Garbage Cafe in Ambikapur, India, is helping to tackle the country‚Äôs plastic waste problem ‚Äď and their novel idea is catching on
On bad days, when his employer made some excuse for not paying him his paltry daily wage, Ram Yadav‚Äôs main meal used to be dry chapatis, with salt and raw onion for flavour. Sometimes he just went hungry. For a ragpicker like him, one of the thousands of Indians who make a living bringing in plastic waste for recycling, eating in a cafe or restaurant was the stuff of fairytales.
But last week, Yadav was sitting at a table at the Garbage Cafe in Ambikapur, in the state of Chhattisgarh, over a piping hot meal of dal, aloo gobi, poppadoms and rice. He earned the food in exchange for bringing in 1kg of plastic waste. ‚ÄúThe hot meal I get here lasts me all day. And it feels good to sit at a table like everyone else,‚ÄĚ he said.
While still a cult concern in the UK, this Spanish thriller is the streaming service‚Äôs most popular foreign show. As it returns, its creator and stars explain how it became unmissable
You‚Äôve rewatched The Wire, seen every episode of Friends at least twice and are starting to wonder if this is what it feels like to ‚Äúcomplete‚ÄĚ Netflix. But wait: there‚Äôs a world-changing, cultural juggernaut of a TV show that ‚Äď while hugely popular ‚Äď you may well have missed.
This week, Money Heist ‚Äď or, to use its Spanish title, La Casa de Papel ‚Äď begins another eight-episode run on Netflix, where it is the streaming giant‚Äôs most-watched non-English language show worldwide. The first season of the full-throttle thriller saw its gang ‚Äď all code-named after major cities and memorably clad in revolutionary-red overalls and Salvador Dal√≠ masks ‚Äď break into the Royal Mint of Spain, taking 67 people hostage and literally printing money: 2.4bn euros, to be exact. It‚Äôs fair to say that the plot doesn‚Äôt quite go to plan, though it does result in three raunchy romances and an island escape. Season three, an even wilder ride, proved that for this gang loyalty is as much a motivation as loot.
NHS staff have called on Boris Johnson to ensure that new coronavirus testing centres are located conveniently for health workers and not in out-of-town sites like Ikea car parks.
Drive-in test centres for nurses and doctors were opened this week in converted car parks at the Scandinavian superstore in Wembley in London and Chessington theme park near the M25. But as hundreds queued for the swab tests, concern was raised that they were too far from work or home for tens of thousands working in the capital.
The Zaandam cruise ship on which four people have died, including a 75-year-old British man, has docked in a port in Florida after previously being denied entry. Its sister-ship, the Rotterdam has also been granted permission to dock.
The operating company, Holland America, said that, following arrival in Port Everglades, all guests will be health screened and cleared for entry by US Customs and Border Protection. It added that disembarkation is expected to be complete by Friday evening, with priority given today to those who need immediate care.
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Fact Check: ‚ÄúGreatest healthcare system in the world‚ÄĚ
In extolling Americans to stay home, Vice President Mike Pence said America has the ‚Äúgreatest healthcare system in the world.‚ÄĚ
‚ÄúI‚Äôve known you for many years, but I never knew how bad a senator you are for the state of New York until I became president,‚ÄĚ he wrote to the Senate minority leader. ‚ÄúNo wonder AOC and others are thinking about running against you in the primary. If they did, they would likely win,‚ÄĚ he added, referring to progressive freshman congresswoman Alexandria Ocasio Cortez.
Schumer has been critical of the president‚Äôs response to the crisis and has called on Trump to put a military czar to oversee the production of medical equipment.
ASIC has told real estate agents not to advise renters to access their super in order to pay the rent.
There‚Äôs been a number of stories about real estate agents responding to tenants arguing financial hardship and for a rent reduction/freeze by suggesting they access their super to keep up rent payments.
Financial advice must only be provided by qualified and licensed financial advisers, or financial counsellors, not by real estate agents who neither hold the requisite licence, nor are an authorised representative of an Australian Financial Services Licensee.
Tenants facing financial difficulty need sound financial guidance and potentially debt counselling. Specifically pointing them to and recommending them to consider the specific possibility of accessing superannuation is, again, likely to amount to a breach of the Act.
Victorian chief health officer Brett Sutton has told Seven‚Äôs Sunrise program there are now 1,085 confirmed cases of coronavirus in the state, up 49 from yesterday.
Another man in his 80s who had coronavirus has died in the state, in intensive care, bringing the total number of deaths related to coronavirus in the state to seven.
Even before the pandemic there were postponements. Before that, there were protests. From a large armchair positioned beneath his own portrait, the 82-year-old president of Guinea is not answering the key question preoccupying his country whether or not he wants to remain in situ until he is 94.
An indigenous woman in a village deep in the Amazon rainforest has contracted the novel coronavirus, the first case reported among Brazil‚Äôs more than 300 tribes, the Health Ministry‚Äôs indigenous health service Sesai has said.
The 20-year-old from the Kokama tribe tested positive for the virus in the district of Santo Antonio do I√°, near the border with Colombia, 880km (550 miles) up the Amazon river from the state capital Manaus, Sesai said in a statement on Wednesday.
Local communities flee as boundaries with Lake Chad become a war zone following ambush in which almost 100 soldiers died
The Chadian army that lost nearly 100 soldiers to a Boko Haram ambush a week ago has declared the Lake Chad borderlands a war zone, heightening fears that civilians will suffer an escalation in violence.
The streets of Afghanistan‚Äôs capital, Kabul, were packed on Friday; a hectic bustling in the markets and shops, pious whispers ringing from prayer gatherings at the mosques, the skies full of kites that children were flying.
But on Saturday the city of around six million people went into lockdown to stop the spread of coronavirus in one of the poorest and most war-torn countries in the world.
More than 130,000 Afghans have fled the coronavirus outbreak convulsing Iran to return home to Afghanistan amid fears they are bringing new infections with them to the conflict-ridden and impoverished country.
The huge spike in Afghans crossing the porous border from Iran, in one of the biggest cross-border movements of the pandemic, has led to mounting fears in the humanitarian community over the potential impact of new infections carried from Iran, one of the countries worst affected by the virus.
The health secretary wrote off ¬£13bn of NHS debt, promised 100,000 tests and acted like a grownup
For much of the week, it‚Äôs been as if the government has gone out of its way to appear wilfully clueless. First, the psychotically unstable Dominic Raab, then the pathologically untrustworthy Michael Gove, culminating with the shambolically underprepared Alok Sharma. History repeating itself first as tragedy, then as farce. It was as if the only real contingency plans the government had made were for the postponement of this year‚Äôs climate change conference. Sometimes, doing absolutely nothing proves to be entirely the right option.
But cometh the hour ‚Ä¶ There are some words I thought I‚Äôd never write. Like ‚ÄúThank God for Matt Hancock‚ÄĚ. But thank God for Matt Hancock. It seemed a high-risk strategy to send out the health secretary for the daily Downing Street press conference as it was only six days since he announced that he had contracted coronavirus. And the official NHS guidance is for anyone with symptoms to self-isolate for a week.
Countries have approached coronavirus testing in different ways, and in some places there was far earlier recognition than in the UK of the need to develop tests and kits and to have sufficient numbers stockpiled. Here is how some countries got ahead of the curve.
As coronavirus keeps us apart, I have developed a very wholesome thirst for the physical intimacy we used to have with friends and family
Lately, when I find myself reaching for my phone for a distraction, it‚Äôs no longer just to mindlessly swipe through Instagram stories and semi-ironically decipher my horoscope. Instead, I catch myself constantly returning to my camera roll. In particular, the photos where I‚Äôm touching my family and friends.
There‚Äôs the fuzzy Christmas party set of my colleagues and I, all cheek to cheek, craning our heads to get in a series of group selfies. There‚Äôs a backyard family lunch, me with my arm slung over my mum‚Äôs shoulder. There‚Äôs a day at the beach with my sister and her kid, us each holding a hand as we drag her back to the car. And there‚Äôs Mardis Gras night. It was just a few weeks ago but today the photos feel as though they belong in a history book. Friends and strangers covered in glitter and sweat, dancing close at a street party, arms wrapped around waists, exuberant kisses being planted on faces, all of us joyfully, drunkenly close to each other and vigorously engaged in whatever the opposite of social distancing is.
Despite his contradictory, ill-considered response to coronavirus, a growing chunk of Americans see a man in charge. But making himself the face of the crisis may yet backfire
The rise in Donald Trump‚Äôs approval ratings ‚Äď it would be misleading to call it a surge ‚Äď appears to have shocked his opponents. Critics in the Democratic party and the media have noisily condemned and ridiculed his handling of the coronavirus outbreak, as have some scientists and economists.
But it seems a growing chunk of the America public does not agree.
People up and down the country stood at their front doors, outside their windows, on balconies in high rises for the second week in a row, to clap, cheer and bang pots and pans for those working on the frontline in the fight against coronavirus. The prime minister, Boris Johnson, who is still in self-isolation, stepped out of No 10 to join in the clapping
After Narendra Modi told Indians to ‚Äėforget what going out means‚Äô as the country attempts to slow the spread of Covid-19, millions of the country‚Äôs poorest residents, from day labourers to homeless citizens, are bearing the brunt of the world‚Äôs biggest coronavirus lockdown
As coronavirus lockdowns have been expanded globally, billions of people have found that they are now faced with unprecedented restrictions. We look at some of the extreme strategies governments are using to police their citizens ‚Äď from teargas and death threats to beatings and chemicals
Lockdowns have brought silence to some of the world‚Äôs busiest places. Transport hubs normally teeming with people such as New York‚Äôs Grand Central station or Istanbul‚Äôs Emin√∂n√ľ ferry docks are all but deserted. Reuters photographers captured the hush that had descended on some of the world‚Äôs best-known places on the same day, at noon
Australian academic, psychologist and author Lea Waters shares some tips for mindfulness during the coronavirus crisis. The video forms part of a multi-part series looking at ways we can all stay positive during the coronavirus crisis.
Boris Johnson has emphasised the importance of testing in battling the coronavirus outbreak in the UK. In a video posted on social media on Wednesday, the UK prime minister said it was a 'sad, sad day' as 563 more coronavirus-related deaths were announced, the largest day-on-day increase so far
The theatre and endoscopy staff at the Lewisham and Greenwich NHS Trust have thanked and applauded the general public for staying at home. In a video posted online, matron Vicky Oluwole says: 'We, the staff of Lewisham endoscopy theatres, are thanking you for clapping for the NHS. Now, we are clapping and saying thank you for staying at home'
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