Source: ALEXDC.ORG
Posted by Unknown at 11:59 AM
Topic: CNN - USPS wants to limit next-day guarantee
This article tells me 3 things.
1. USPS is declining by the day. Less service = less revenue
2. Invest in companies such as UPS, FEDEX, or DHL for the long-term.
3. Expect small to mid-size businesses to be affected the most.
That's all for today.
Posted by Unknown at 12:43 PM
1) Test your product and get it out into market...see if the dogs will
eat the dog food
2) Don't run out of cash
3) Eliminate human friction...one button on iPod, simplicity, simplicity
4) Focus...what is the most important thing to customer and what you can
do to uniquely solve it.
-- and eliminate items on fin statement like WC, anything not critical
to key customer need
5) Leadership: you are the meme...you are on a mission but everyone
picks up what you eminate...Sun always used the term Awesome (from
McNealy), Job's culture. You are the leader of organization: take care
of self, employees will also. You are the brand and heart of culture.
6) Think Big...go after things that count, one life to lead and go after
big problem, change society
7) Have fun: get the endorphines firing, lots of little stupid
things...leads to creative solutions
8) Partner and work with as many people as possible
David Rosenblatt of DoubleClick fame added:
9) Accountability: clear owner of each item who goes to bed focus and
worried about it.
10) Transparency: avoid layered bureaucracy and heavy processes that
obscure. Keep employees informed of all the company's tentacles,
challenges and opportunitities
Posted by Unknown at 4:02 PM
The best way to predict the future is to invent it.
-Alan Kay
Posted by Unknown at 7:47 PM
Posted by Unknown at 7:18 AM
Here are Buffets 10 rules:
1. Reinvest Your Profits. This makes sense not only in the stock market, but in a small business as well. Entrepreneurs who bleed all the profits out of a business find that they may struggle to grow the business into something larger and more valuable.
2. Be Willing to be Different. Buffet didn’t make his fortune by following the crowd. Instead, he invested when everyone else was panicked, and sold off when everyone else was buying. That strategy always beats the market. Doing what everybody else is doing - the same way they are doing it - is the recipe for becoming average. Nobody pays extra for “average”.
3. Never Suck Your Thumb. After you gather the information you need, make a decision. To Buffet, any time wasted to get to a decision is just “thumb sucking”. Success comes from immediately grabbing every opportunity that you can recognize.
4. Spell out the Deal In Advance. Your bargaining position is never stronger than before you are committed. So, advantage of that opportunity to spell out the details and specifics of any deal before you start. This is especially true when working with friends or family.
5. Watch Small Expenses. In the investment world, this translates into watching not just the returns offered by investment funds, but also the fees charged by the fund managers. This is so true in every aspect of small business and personal finance, as well.
6. Limit What You Borrow. Buffet claims to never have borrowed a significant amount of money. His advice is to remain debt-free, and then save and invest money. This is a very counter-cultural (see #2) contrast to those who preach getting rich using Other People’s Money.
7. Be Persistent. This is an advantage that the small entrepreneur has over larger, more established competitors. Persistence and ingenuity can, and often does win against large odds. If you’ve done your research, taken care of the details, watched your expenses and stayed out of debt, your success through persistence may only be a matter of time.
8. Know When to Quit. Don’t throw good money after bad. Resist the temptation to salvage a bad deal with a last-minute home run.
9. Assess the Risk. Buffet recommends thinking through both the best-case and the worst-case scenarios. This helps clarify the risks and rewards for any venture, which is critical to the decision making process.
10. Know What Success Means. Buffet doesn’t measure success in terms of dollars. As he says, “When you get to my age, you’ll measure your success in life by how many of the people you want to have love you actually do love you.” Here is wisdom.
Posted by Unknown at 2:09 PM
First time seeing an animated presentation but I absolutely love it. I would absolutely prefer watching this video versus watching a live person presenting. Great stuff!
Posted by Unknown at 7:21 PM
Posted by Unknown at 2:05 AM
I just read a great article on 10 steps to a successful startup which can be read here. Lots of great content there.
Posted by Unknown at 1:25 PM
Today is a great day to share some wise words!
Have you figured out yours?
Posted by Unknown at 12:04 PM
The American Red Cross has once again launched a texting campaign to raise money for relief efforts in the Pacific region. Last year, the Red Cross was able to raise over $20 million for Haiti relief through simple text donations.
If you would like to donate to the American Red Cross for Japan Earthquake Relief, just text REDCROSS to 90999. Each text will provide $10 towards the Red Cross’s humanitarian efforts.
Posted by Unknown at 3:21 PM
If I’m Doing a Good Job, Why Do I Feel So Bad?
Nobody to Blame
Too Much Broken Stuff
It’s a Lonely Job
Techniques to Calm Your Nerves
Don’t Be a Punk.
Source: http://techcrunch.com/2011/03/31/what%E2%80%99s-the-most-difficult-ceo-skill-managing-your-own-psychology/
Posted by Unknown at 3:07 AM
CEO Lessons Learned from biztools videos on Vimeo.
Posted by Unknown at 4:45 PM
Posted by Unknown at 3:23 AM
I hate taking time for granted. I really dislike spending my time on something and having nothing to show for it. I don't want to waste anyone's time nor do I want to be a waste of space. I want every ounce of sweat to account for something I aimed to do. I want to be successful.
I am what I am because of my desire of who I want to be. I was surrounded by great influences and that has taught me to never settle for the standard. I don't want to abolish my health but I do want to astonish my wealth. I don't want my dreams to be fictitious because I made my life too ambitious. I want to be proud of my work but remain too busy to acknowledge it.
I want to be GREAT.
Posted by Unknown at 11:44 PM
Posted by Unknown at 3:24 PM
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