Business Owner's Blog

Posted on : April 25, 2008
What to do when the Excrement Hits the Air Velocity Accelorator
	1. Talk to people - Don’t assume Talk to your customers Ask how the current situation will impact them. Ask how you can make it easier to keep their business Talk to your vendors and suppliers (Look at point #2 before you do this so you can combine discussions as you see fit). Will they need to change terms? Tell them [...] ...»

Just go Vote already!
	My apologies to non-US readers. We sometimes do things a little strangely here. Did you US readers know that in Australia there’s a fine for not voting? or that in Canada the government just sends you a voter registration card so there’s no opportunity forÂ one party or the other to purge the rolls? And how [...] ...»

What Really Happened to the Economy?
	And is the bailout bill a boondoggle? Spend an hour with Warren Buffett. Yes, he talks in a few cutsey sound bites, but he also talks so you can understand (at least I could) what really caused the problem and why the bailout bill is/was solution. It was broadcast on Oct 1, 2008 By the way, he’s [...] ...»

How was School today, Dear?
	What a dumb question. If you’re a parent, I doubt you’ve ever gotten an answer that comes anywhere near what you’d call satisfactory. And if you’ve ever had a parent, I doubt you’ve given such an answer. Because it’s the wrong question. I was reminded of this watching the Republican political convention. For some reason we had [...] ...»

I.O.U. U.S.A - They have U in Common
	Movie Date with Warren Buffet - Today Aug 21!!! The documentary IOUSA will be shown in select theaters August 21, 2008 along with a live discusion with the following people: Warren Buffett, CEO of Berkshire Hathaway William Niskanen, chairman of the Cato Institute Bill Novelli, CEO of AARP Pete Peterson, senior chairman of The Blackstone Group and chairman of the [...] ...»

The Worst Place to get Money for your Business
	Worst Place #1 - Investors! Why? it’s the most expensive money and it takes more of your time and energy to secure it. Plus they almost never tell you no so you waste a lot of energy pursuing deals that are never going to happen. Worst Place #2 - Lenders. It’s cheaper than investor [...] ...»

Dumbest Business Advice Ever
	“Never Give Up” I’m always a big fan of Inc Magazine, but when they had this advice on the cover I had to say something. It’s not that you should give up - it’s that saying “Never Give Up” makes it sound like success in business is entirely under your control. It’s not. Success is based [...] ...»

Try to NOT Make Everyone Happy
	Seth says: If you are willing to satisfy people with good enough, you can make just about everybody happy. I’d say If you want to make everyone happy you’ll HAVE to be satisfied with good enough. [read the whole story - it’s kind of funny in a sad sort of way - and you’ll see what [...] ...»

When Do You Take Your Hand off the Steering Wheel?
	Probably Never. When you’re on a winding road with lots of potholes and a strong wind, you grip the wheel tighter. But even on a smooth highway, you can’t just let go of the wheel and start typing on your Blackberry. So what does this mean to you? The number one complaint I hear from entrepreneurs [...] ...»

The Frustrating Part about Employees
	Animal trainers have a saying “It’s never the animal’s fault” Because animals don’t speak, trainers need to find non-English methods to communicate what they want. If the animal doesn’t perform, they try to find a better way to communicate, they don’t blame the animal. It helps to take this approach with employees: if they don’t [...] ...»

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