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  • Added for You - In Small Business, It's Not Easy Being Green

    Project Management - Tips on Creating a Project Culture That Ensures a Foundation for Project Succes
    Although sometimes it seems that projects take on a life of their own, the simple fact is that projects don’t manage themselves. It takes the energy and commitment of a number of people to take a project from the initial idea through inception. As more companies embrace the concept of self-directed work-teams that work on specific projects, project management, will become a more vital element of the workplace. The following checklist will help you create a successful project management office:• Formulate and outline the project • Break up the project into manageable tasks • Keep the project on target and complete it on timeGetting StartedThe best way to guarantee a project’s success is to start with a strong foundation. Among the questions you should ask when putting together a project kick start:ousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh

    Are Hidden Beliefs Creating a Lackluster Career?
    If you could redesign your lifestyle just the way you want it, what would it look like? How would it feel? What’s in your way? Limiting thoughts, beliefs and feelings can impede your progress. Give voice to your dreams and enhance your ability to identify opportunities that move you closer to your ideal.If you want to change the outcome or results, you have to change your thinking. Conflicts between your conscious and unconscious thoughts or beliefs affect what you experience. Here are some guidelines regarding career actions a person can explore no matter where they are to have a more fulfilling career.How close are you at creating your dream career? What is holding you back? Are you afraid of success or failure? Have you lost your career passion and don’t know why?Laura is self-employed real estate investor. She r
    IT'S ABOUT BEING BETTER OR DIFFERENT

    In 1981, only 25 years ago, the Personal Computer was introduced by IBM with a modest flourish. It was received with a thunderous “ho-hum" by the corporate world.

    It was inconceivable that these cute but puny little machines would ever replace those behemoth main frames with their huge computing capacity and endless banks of modular, external memory units that promised almost unlimited power.

    What the hell can you do with a “toy" machine like the PC?

    Enter Bill Gates and company. In the movie, “The Pirates of Silicone Valley" it is alleged that Mr. Gates conned Xerox out of the now famous operating system called Windows. Then, purportedly, he conned IBM into a $5-a-machine license to use the O.S. The IBM guy thought he had struck a deal because, “…the real money is in the hardware." Yuk, yuk. (It was not the first time that IBM didn’t see the market for the forest (or the chips). Their Mr. Watson had predicted some years earlier, when IBM was basically a typewriter company, that the entire worldwide market for computers was six).

    Another difficulty held back the PC – they required extraordinary training to use them. Some of us are old enough to remember those first PC’s required program language commands, stuff like /goto/Line 343 or /P-C3 (print three copies), to make them work.

    Mr. Gates changed all that with Icons and multi-tasking, thereby making the PC easily useable by the common office worker. Then large company managers realized they could obtain a degree of freedom from their monolithic and powerful Information Services Departments by using PC’s for their more mundane tasks. When the systems also became easy to learn, Microsoft was well positioned to capitalize on the frenzy for the machines. Later the Internet revolution simply made the PC explosion inevitable and an order of magnitude greater.

    The point here is not about the back room antics and intrigues of Silicone Valley. The point is, interesting history aside, Microsoft made the PC better. So much so that it spawned a giant industry and a bevy of very rich executives.

    It is an axiom in business that, if you want success, make or do something better or different.

    This axiom holds every bit as much for small businesses as it does for the giants. The “me-too" companies will fall by the wayside constantly. If being better or different means reinventing yourself periodically, then do it! The alternative is to perish as a thriving business.

    We need to think like Kermit the frog: Being green isn’t easy but it does make us stand out!

    YOU'RE NOT BEING GREEN IF...

    - You think your quality is better (even if it is). Sorry to say, but quality does not qualify as being green. It may differentiate a product but it rarely differentiates a business. Customers expect the best quality available. If the supposed quality difference is accompanied by higher costs, it is not a quality difference but, more likely, a feature difference.

    - Creative, even unique advertising by itself is not being green. It may bring attention to your offering better than the next guy out there, but it is only a communication tool and can only project underlying company strengths, not create them in the long run.

    - Concentration on price, more specifically undercutting price, is a lousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh’

    How To Grow Your Newsletter List At Craft Shows
    A great way to get willing participants for your newsletter, is to offer a draw at your next Craft show, open house, garden party, studio party... (what ever way you have found sells your arts and crafts best!).Try this, at your next craft show, create a ballot box, and create a nice craft for a draw.. you could offer it to customers only.. but if you want a bigger list of people, make sure to have no strings attached!... Place it near your brochures and business cards, so they can pick those up as well.Create a ballot, that will contain their name and address, phone number (for if they win the draw) and their email address.. and make sure to write under the email address that you will NOT be giving out their address, that this will be for newsletters only.Now, you will get some people, who will not give you their e
    rdware." Yuk, yuk. (It was not the first time that IBM didn’t see the market for the forest (or the chips). Their Mr. Watson had predicted some years earlier, when IBM was basically a typewriter company, that the entire worldwide market for computers was six).

    Another difficulty held back the PC – they required extraordinary training to use them. Some of us are old enough to remember those first PC’s required program language commands, stuff like /goto/Line 343 or /P-C3 (print three copies), to make them work.

    Mr. Gates changed all that with Icons and multi-tasking, thereby making the PC easily useable by the common office worker. Then large company managers realized they could obtain a degree of freedom from their monolithic and powerful Information Services Departments by using PC’s for their more mundane tasks. When the systems also became easy to learn, Microsoft was well positioned to capitalize on the frenzy for the machines. Later the Internet revolution simply made the PC explosion inevitable and an order of magnitude greater.

    The point here is not about the back room antics and intrigues of Silicone Valley. The point is, interesting history aside, Microsoft made the PC better. So much so that it spawned a giant industry and a bevy of very rich executives.

    It is an axiom in business that, if you want success, make or do something better or different.

    This axiom holds every bit as much for small businesses as it does for the giants. The “me-too" companies will fall by the wayside constantly. If being better or different means reinventing yourself periodically, then do it! The alternative is to perish as a thriving business.

    We need to think like Kermit the frog: Being green isn’t easy but it does make us stand out!

    YOU'RE NOT BEING GREEN IF...

    - You think your quality is better (even if it is). Sorry to say, but quality does not qualify as being green. It may differentiate a product but it rarely differentiates a business. Customers expect the best quality available. If the supposed quality difference is accompanied by higher costs, it is not a quality difference but, more likely, a feature difference.

    - Creative, even unique advertising by itself is not being green. It may bring attention to your offering better than the next guy out there, but it is only a communication tool and can only project underlying company strengths, not create them in the long run.

    - Concentration on price, more specifically undercutting price, is a lousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh

    Working For Yourself VS Working For Someone Else
    Do you work day in and day out, knowing you will have to punch out on the clock just to eat lunch??At the end of your work week are you satisfied or do you feel like you have accomplished nothing?? Let's be quite honest with each other who in their right mind enjoys working for someone else making them happy and even worse rich. Are you the one buying new sports cars every year and upgrading that condo to a 7 bedroom house in the middle of the country club?? I bet only 10% of us are able to do that working for someone else, and do you know how they do that??The people who make their lives better while working for someone else simply accomplish their dreams by saving every penny and never having a lickety split bit of fun. They then get what they want when they are close to retirement and have spent most of their lives
    systems also became easy to learn, Microsoft was well positioned to capitalize on the frenzy for the machines. Later the Internet revolution simply made the PC explosion inevitable and an order of magnitude greater.

    The point here is not about the back room antics and intrigues of Silicone Valley. The point is, interesting history aside, Microsoft made the PC better. So much so that it spawned a giant industry and a bevy of very rich executives.

    It is an axiom in business that, if you want success, make or do something better or different.

    This axiom holds every bit as much for small businesses as it does for the giants. The “me-too" companies will fall by the wayside constantly. If being better or different means reinventing yourself periodically, then do it! The alternative is to perish as a thriving business.

    We need to think like Kermit the frog: Being green isn’t easy but it does make us stand out!

    YOU'RE NOT BEING GREEN IF...

    - You think your quality is better (even if it is). Sorry to say, but quality does not qualify as being green. It may differentiate a product but it rarely differentiates a business. Customers expect the best quality available. If the supposed quality difference is accompanied by higher costs, it is not a quality difference but, more likely, a feature difference.

    - Creative, even unique advertising by itself is not being green. It may bring attention to your offering better than the next guy out there, but it is only a communication tool and can only project underlying company strengths, not create them in the long run.

    - Concentration on price, more specifically undercutting price, is a lousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh

    Are You Ready For Success
    Guess what? That day will come when all the planning and work, and due diligence will seem as if everything you have written about is actually happening. One thing I have heard from many an entrepreneur after about the first six to nine months is: "Everything I have written in my Business Plan has happened; or is on schedule for execution." One entrepreneur shared with me once, "Had I known that everything we discussed and planned would have come to pass like this; I would have planned with larger numbers."Comments such as those just shared are evidence of the power of planning. It simply demonstrates, that if we take the same care in planning our business as we do with planning our next vacation excursion; we will witness the results we are working towards. One of the best kept secrets is the power of writing. When we wri
    p>We need to think like Kermit the frog: Being green isn’t easy but it does make us stand out!

    YOU'RE NOT BEING GREEN IF...

    - You think your quality is better (even if it is). Sorry to say, but quality does not qualify as being green. It may differentiate a product but it rarely differentiates a business. Customers expect the best quality available. If the supposed quality difference is accompanied by higher costs, it is not a quality difference but, more likely, a feature difference.

    - Creative, even unique advertising by itself is not being green. It may bring attention to your offering better than the next guy out there, but it is only a communication tool and can only project underlying company strengths, not create them in the long run.

    - Concentration on price, more specifically undercutting price, is a lousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh

    Business Expense Reports
    Business Expense Reports are the records of all the expenses incurred by the employees, top level to supervisory level, during their business visits on behalf of the companies. For this purpose, the business organizations should have standard business expense report forms. Nowadays, most of the companies are implementing web-based expense report software like Expense Management Automation (EMA), which automates and quickens the submission, approval and reimbursement processes of the business expense reports.According to Aberdeen’s research group, EMA helps the business organization in reducing the time required for filling up the expense report by 60%, in decreasing the cost of processing a business expense report by 80% and also in cutting the time required for meeting the claim by 90%. This particular software is supplied by a
    ousy discriminator and definitely is not being green. The low ball price leader in any market is the first to go. Pricing is not a long term marketing strategy, it is a short term tactic. Your competitor can slash prices just as quickly as you can, particularly if they happen to be a huge, low-cost manufacturer.

    - Having the broadest product line or services mix is not being green. Trying to be everything to everybody is one of the surest ways to financial insecurity in business whether or not you are small or a giant. The trick is to determine the essence of your strengths and focus on them, tailoring the product line or services offered to those strengths. Marginal products and services get promoted from marginal to extinct. Dump them. (For a lesson on product line rationalization and killing sacred cows, read up on Jack Welsh’s book: “Jack")

    YOU ARE BEING GREEN IF...

    - You’re the first with the best. The first to offer new products or old products with new (valuable) features will get you a reputation as a leader and differentiate you from the competition. Striving to bring the best and the newest to your customers will pay off handsomely in the long run.

    - Tying up a feature or benefit with a copyright or patent has always been a good way of being green. Alternatively, keeping un-patentable but unique features secret as long as possible can have the same effect. The politically correct term for this is "know-how".

    - Changing or tweaking how you deliver your products or services can produce a difference that results in a jump on the competition and potential increase in market share. Look how fast other soft drink companies had to react and find a competitive 12-pack case when Coke shifted to the new oblong container. It slips right into the fridge and stacks well on the supermarket shelf, it should have been out 20 years ago. What a great idea! I wonder if it got them any market share?

    - Creating a product or service that addresses a specific market niche is another way of being green. A car repair shop that specializes in foreign cars or just Hondas, a cleaning service for yachts, and Honey Baked Hams are examples. Specialization breeds expertise, better market share control and better margins for value given.

    - Be really green, give the best total service in your industry. Don’t just re-label lousy customer service and call it “customer care", yet have the same bureaucratic procedures for customers to navigate and telephone decision trees to climb. Look at your entire process of customer contact from initial solicitation to correcting a problem after the sale. Streamline it, make it as simple and easy to use as possible. “Easy to order, no hassles" is still a good business philosophy especially in today’s excessive information, poor communication world.

    COMMIT TO BEING GREEN

    The essence of the capitalist spirit is the desire to continually strive to make things better and different; not being satisfied with the way things are. It is a corollary and an irony that in doing so we often improve our business performance, stability and financial security at the same time.

    We must never, never stop asking the question: “How can I make my product or service better or different?"

    Like Kermit the frog, it’s not easy being green, but it is worthwhile and sometimes crucial to success.

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