Wednesday, February 13, 2008

To React Is Human, to React Positively Is Divine

Irresistible forces drive enterprises in directions that are usually unanticipated and unplanned for, which means that the organization can become disoriented, as sometimes happened to sailing ships rounding Cape Horn during monster electrical storms with gale winds and towering seas. Reactions like shock, amazement, curiosity, smugness, groundless optimism, defensiveness, distrust, reckless risk-taking, and confusion are among those that can result in the face of such forces.

However, employing positive reactions can turn the power of irresistible forces to your advantage, like building a wind farm with pivoting propellers to generate electricity in unpredictably windy areas. Confronting your very human (and usually inappropriate reactions) to irresistible forces is the beginning of helping your enterprise to use irresistible forces in a more deliberate way to create beneficial results.

Dealing with irresistible forces can be very time consuming and emotionally demanding. Those strong emotions can easily distract you from acting in the ways necessary to turn the irresistible forces into your favor. When the emotions divert you from pursuing your own or your organization's best interests, you have just experienced a stall (a bad thinking habit that delays improvements).

Psychologically, irresistible forces tend to take us back to our childhood, when almost every aspect of our lives seemed to be controlled by someone or something other than ourselves. Resisting that temptation to become overwhelmed like an enraged two-year-old shouting "No!" to an apparently hostile universe is important for organizational progress.

While automatic habits of any kind can delay organizational progress, these behaviors become much more harmful when they arise because of strong emotions. The magnitude of irresistible forces will often cloud clear thinking with negative emotional reactions that are experienced by those who have to lead and manage. And the danger is increased by the tendency of the individual or organization to be immobilized by the magnitude of the power involved when first perceiving the irresistible force, a little like the victim who stared entranced by a cobra and failed to retreat to safety.

In addition, enterprises often view irresistible forces as temporary aberrations that must simply be "overcome" for the time being. The most common approach is to work longer and harder, and to cut costs to overcome the effects of the trend on the business involved. This approach is like trying to keep the Titanic afloat by bailing water by hand.

Appreciating that irresistible forces must be dealt with from a long-term viewpoint, being aware of the dangers, and recognizing the stalls that are likely to result in response to irresistible forces are the foundations for irresistible growth breakthroughs.
Irresistible forces drive enterprises in directions that are usually unanticipated and unplanned for, which means that the organization can become disoriented, as sometimes happened to sailing ships rounding Cape Horn during monster electrical storms with gale winds and towering seas. Reactions like shock, amazement, curiosity, smugness, groundless optimism, defensiveness, distrust, reckless risk-taking, and confusion are among those that can result in the face of such forces.

However, employing positive reactions can turn the power of irresistible forces to your advantage, like building a wind farm with pivoting propellers to generate electricity in unpredictably windy areas. Confronting your very human (and usually inappropriate reactions) to irresistible forces is the beginning of helping your enterprise to use irresistible forces in a more deliberate way to create beneficial results.

Dealing with irresistible forces can be very time consuming and emotionally demanding. Those strong emotions can easily distract you from acting in the ways necessary to turn the irresistible forces into your favor. When the emotions divert you from pursuing your own or your organization's best interests, you have just experienced a stall (a bad thinking habit that delays improvements).

Psychologically, irresistible forces tend to take us back to our childhood, when almost every aspect of our lives seemed to be controlled by someone or something other than ourselves. Resisting that temptation to become overwhelmed like an enraged two-year-old shouting "No!" to an apparently hostile universe is important for organizational progress.

While automatic habits of any kind can delay organizational progress, these behaviors become much more harmful when they arise because of strong emotions. The magnitude of irresistible forces will often cloud clear thinking with negative emotional reactions that are experienced by those who have to lead and manage. And the danger is increased by the tendency of the individual or organization to be immobilized by the magnitude of the power involved when first perceiving the irresistible force, a little like the victim who stared entranced by a cobra and failed to retreat to safety.

In addition, enterprises often view irresistible forces as temporary aberrations that must simply be "overcome" for the time being. The most common approach is to work longer and harder, and to cut costs to overcome the effects of the trend on the business involved. This approach is like trying to keep the Titanic afloat by bailing water by hand.

Appreciating that irresistible forces must be dealt with from a long-term viewpoint, being aware of the dangers, and recognizing the stalls that are likely to result in response to irresistible forces are the foundations for irresistible growth breakthroughs.

He Was Promoted To Manager

In the beginning of year 2007, he was thinking of running marathon, he wrote down this goal and pasted it on the wall. Steven also told all his friends, colleagues, relatives that he wanted to participate the marathon race. Ironically, he just said only but no action.

One month later, Steven was involved in the car accident and his left arm was injured, he needed help from colleagues to write reports for him because he was left -handed.

At that time, he thought he could use this as an excuse, but after some deep thought, he felt embarrassed not to run marathon.

Luckily, he met a marathon group, the group leader encouraged him to start running marathon, he finally made it .

He feel motivated whenever he see motivated words on other participants' shirts. Since then, he run regularly and build up his confidence level.

Because of the positive mindset, it helped him hit the sales target and was promoted to manager. He now encouraging people to run marathon.It can test your endurance and maintain the positive mindset towards work, life. Note: The Marathon is a long, grueling race which traditionally closes the Olympic events. It is taken from the amazing achievement of the Greek runner Pheidippides, who ran over twenty-six miles in for hours, taking news to Athens of the Persians' defeat at the Battle of Marathon in 490 B.C.
In the beginning of year 2007, he was thinking of running marathon, he wrote down this goal and pasted it on the wall. Steven also told all his friends, colleagues, relatives that he wanted to participate the marathon race. Ironically, he just said only but no action.

One month later, Steven was involved in the car accident and his left arm was injured, he needed help from colleagues to write reports for him because he was left -handed.

At that time, he thought he could use this as an excuse, but after some deep thought, he felt embarrassed not to run marathon.

Luckily, he met a marathon group, the group leader encouraged him to start running marathon, he finally made it .

He feel motivated whenever he see motivated words on other participants' shirts. Since then, he run regularly and build up his confidence level.

Because of the positive mindset, it helped him hit the sales target and was promoted to manager. He now encouraging people to run marathon.It can test your endurance and maintain the positive mindset towards work, life. Note: The Marathon is a long, grueling race which traditionally closes the Olympic events. It is taken from the amazing achievement of the Greek runner Pheidippides, who ran over twenty-six miles in for hours, taking news to Athens of the Persians' defeat at the Battle of Marathon in 490 B.C.

Monday, February 11, 2008

Is Your Small Business Model or Idea Viable?

If you employed people including managers to run every aspect of your business would you still be in profits? If you answered yes, then you passed the first test of being a viable business for the longer term.

1st Test of Viability

Most businesses make or show a little profit mainly because their owner and founder is working a 90 hour week and taking out very little. Will your business still make profits if you removed yourself from the equation and paid proper salaries to your managers?

Business is all about making money. It is great to be in a business that you love, but if the money isn't pouring in by year 3 then it is definitely time to look at other ideas.

2nd Test of Viability

Can you sell it? If you have a business model that can only work if the buyer has a lot of specialised knowledge then it is going to be difficult to sell.

If the reason for the profitability is all in your head and hard to duplicate then it is really not viable for any purchaser. Speak to your accountant and find out how easy or difficult it would be to sell your business.

3rd Test of Viability

Is the marketplace for your products declining? Is the competition getting fiercer by the day? If you have a small business then perhaps you can get away with being in a declining, mature and competitive market. However if you control a larger company then it is time to start diversifying and enter a market place that is also viable for the longer term.

Starting a New Business?

If you are thinking about starting a new business the first step in evaluating your business idea is to create a business plan. This is the first step in working out if your business idea would pass the viability test of your accountant and bank mangers.

You will need to ask yourself some key questions like:

* What size of premises do you need initially?

* How many staff will be required in the first year?

* How much money will you require to inject in the business?

* How will you raise extra funding?

* What are the strengths and weaknesses of your competitors?

* What qualities to do you bring to the business?

The more detailed your business plan is the more likely you are to raise funding. Remember that the banks do not get a share of the profits but instead make small margins by charging you interest and bank charges.

They do not care if you stand to make a fortune. They are mostly concerned with your ability to repay the loan and therefore your business idea must be viable and make economic sense.

They will also evaluate you as a person to see if you have the qualities required to take your idea from paper and turn it into reality. You will need to demonstrate that you have the required knowledge to enter the market place and if required the right people for the key positions like sales and marketing.
If you employed people including managers to run every aspect of your business would you still be in profits? If you answered yes, then you passed the first test of being a viable business for the longer term.

1st Test of Viability

Most businesses make or show a little profit mainly because their owner and founder is working a 90 hour week and taking out very little. Will your business still make profits if you removed yourself from the equation and paid proper salaries to your managers?

Business is all about making money. It is great to be in a business that you love, but if the money isn't pouring in by year 3 then it is definitely time to look at other ideas.

2nd Test of Viability

Can you sell it? If you have a business model that can only work if the buyer has a lot of specialised knowledge then it is going to be difficult to sell.

If the reason for the profitability is all in your head and hard to duplicate then it is really not viable for any purchaser. Speak to your accountant and find out how easy or difficult it would be to sell your business.

3rd Test of Viability

Is the marketplace for your products declining? Is the competition getting fiercer by the day? If you have a small business then perhaps you can get away with being in a declining, mature and competitive market. However if you control a larger company then it is time to start diversifying and enter a market place that is also viable for the longer term.

Starting a New Business?

If you are thinking about starting a new business the first step in evaluating your business idea is to create a business plan. This is the first step in working out if your business idea would pass the viability test of your accountant and bank mangers.

You will need to ask yourself some key questions like:

* What size of premises do you need initially?

* How many staff will be required in the first year?

* How much money will you require to inject in the business?

* How will you raise extra funding?

* What are the strengths and weaknesses of your competitors?

* What qualities to do you bring to the business?

The more detailed your business plan is the more likely you are to raise funding. Remember that the banks do not get a share of the profits but instead make small margins by charging you interest and bank charges.

They do not care if you stand to make a fortune. They are mostly concerned with your ability to repay the loan and therefore your business idea must be viable and make economic sense.

They will also evaluate you as a person to see if you have the qualities required to take your idea from paper and turn it into reality. You will need to demonstrate that you have the required knowledge to enter the market place and if required the right people for the key positions like sales and marketing.

Small Business Payroll Solutions

If you were to gather a room full of small to medium sized business owners and ask them what task they least like and understand, payroll would be at the top of the list for almost everyone in the room.

Because most business owners are not accountants and were not math majors in college, the responsibility to pay your employees while being compliant with government regulations is generally confusing and cumbersome. All of the current state and federal regulations can give you a real headache.

Thankfully, for small to medium sized businesses, there are services that offer outsourced small business payroll solutions. Businesses can choose to outsource just their payroll accounting, and payroll processing, to firms who specialize only in this field.

Payroll service companies can easily handle small business payroll tasks with ease and accuracy, allowing small and medium sized business owners to better utilize their administrative time growing their businesses and making more sales.

Payroll accounting is one area where you, as a small business owner, can really benefit from the outsourcing trends of today. Payroll processing, through outsourcing, insures that the job is done correctly with all of the latest rules and regulations taken into account.

Payroll accounting companies devote their time and care to keeping up to date on all of the latest requirements. Because this is their area of expertise performed daily, they do it very well.

While many of us think of payroll as simply a paycheck, there is so much more to the task. Payroll accounting includes: payroll checks, direct deposit, debit cards, federal and state withholdings, tax liability registers, check registers, unemployment taxes, tax forms, and so much more.

By outsourcing this responsibility, you can free up your time and still stay on top of all of your reporting and filing deadlines. The payroll service company will keep you apprised of everything you need to know and make sure that you stay in compliance. That is what you pay them to do for you.

In the online age, no matter your location, from New Orleans, Louisiana, to Juneau, Alaska, an experienced small business payroll service company can serve you wherever they are based.

Another wonderful benefit to contracting this job out is that you can have a bookkeeper to process your accounts payable and accounts receivable, while at the same time they do not have to have the specialized knowledge required to process and file your payroll.

This means your bookkeeper can be paid substantially less, and this is an efficient savings for your bottom line. Payroll service companies charge very reasonable rates and are well worth you considering.

No matter what industry you are in, if you have employees then you have a need for payroll to be processed. By attempting to do your own in-house you might find that your bookkeeping staff will be expensive and still will miss something that they were simply not aware of.

By outsourcing your payroll services you can insure that the job is done correctly and in a timely manner. Your payroll accounting company will insure that you meet all guidelines and timelines as well.
If you were to gather a room full of small to medium sized business owners and ask them what task they least like and understand, payroll would be at the top of the list for almost everyone in the room.

Because most business owners are not accountants and were not math majors in college, the responsibility to pay your employees while being compliant with government regulations is generally confusing and cumbersome. All of the current state and federal regulations can give you a real headache.

Thankfully, for small to medium sized businesses, there are services that offer outsourced small business payroll solutions. Businesses can choose to outsource just their payroll accounting, and payroll processing, to firms who specialize only in this field.

Payroll service companies can easily handle small business payroll tasks with ease and accuracy, allowing small and medium sized business owners to better utilize their administrative time growing their businesses and making more sales.

Payroll accounting is one area where you, as a small business owner, can really benefit from the outsourcing trends of today. Payroll processing, through outsourcing, insures that the job is done correctly with all of the latest rules and regulations taken into account.

Payroll accounting companies devote their time and care to keeping up to date on all of the latest requirements. Because this is their area of expertise performed daily, they do it very well.

While many of us think of payroll as simply a paycheck, there is so much more to the task. Payroll accounting includes: payroll checks, direct deposit, debit cards, federal and state withholdings, tax liability registers, check registers, unemployment taxes, tax forms, and so much more.

By outsourcing this responsibility, you can free up your time and still stay on top of all of your reporting and filing deadlines. The payroll service company will keep you apprised of everything you need to know and make sure that you stay in compliance. That is what you pay them to do for you.

In the online age, no matter your location, from New Orleans, Louisiana, to Juneau, Alaska, an experienced small business payroll service company can serve you wherever they are based.

Another wonderful benefit to contracting this job out is that you can have a bookkeeper to process your accounts payable and accounts receivable, while at the same time they do not have to have the specialized knowledge required to process and file your payroll.

This means your bookkeeper can be paid substantially less, and this is an efficient savings for your bottom line. Payroll service companies charge very reasonable rates and are well worth you considering.

No matter what industry you are in, if you have employees then you have a need for payroll to be processed. By attempting to do your own in-house you might find that your bookkeeping staff will be expensive and still will miss something that they were simply not aware of.

By outsourcing your payroll services you can insure that the job is done correctly and in a timely manner. Your payroll accounting company will insure that you meet all guidelines and timelines as well.