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Hub You - A Guide to Successful Fishing: 1. Fish 2. Keep Fishing
Selling Your Business - What Would Sam Zell Do? the time and money that is required to ensure a steady supply of fish?If you were thinking of making an investment it might be a good idea to watch how Warren Buffet does it. If you are going to sell your business, maybe you should emulate Sam Zell, multibillionaire founder of Equity Residential (EQR). He is selling his company in one of the largest private equity deals ever.Sam agreed to take an initial offer from Blackrock Private Equity at $48 per share with a break-up fee of $500 million. EQR has 292.13 million shares outstanding, resulting in a total bid of $14.02 billion. This is where most privately held business owners stop. They put the word out through their professional network, get an introduction to an owner of another related business, and begin the process. If they get an offer, it is low and is driven down during the due diligence process because there is nothing to stop this behavior from a single buyer.Back to Sam Zell. Sam tells his investment bankers to continue to solicit more buyers. Surprise, enter Vornado with the backing of a couple of very large private equity competitors of Blackrock. Their first counter offer is $52 per share. It goes back and forth with these heavyw You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of show Bill Gates, Virtual Reality, and Six Flags “If I had to select one quality, one personal characteristic that I regard as being most highly correlated with success, whatever the field, I would pick the trait of persistence. Determination. The will to endure to the end, to get knocked down 70 times and get up off the floor, saying, “Here comes number 71!”Does bill Gates know something we do not know about Six Flags amusement parks? No probably not, but anyone as smart as he, certainly understands the future of Virtual Reality. Look at the new X-Box 360-degree system? Obviously Microsoft gets it and their research teams may have entered the Virtual Reality Realm a little late, but they certainly understand gaming. Mr. Gate’s increased his holding in the company from 8% to 10%. There can only be one reason in my opinion, Virtual Reality is coming to a theme park near you. This probably makes a bit of sense and also a rebounding economy tends to really bolster Theme Parks. In GA actually in Six Flags over Georgia, where actually they are still arguing over one particular flag some interesting things are happening;http://atlanta.bizjournals.com/atlanta/stories/1998/06/01/story1.htmlLots of spending and upgrading, however I believe that Bill is smart enough to understand the next wave of technology in Theme Parks will be VR-Virtual Reality and boy has it come a long way these days, Science and computers are moving at an incredible pace, almost unheard of in this arena. Think I —Richard M. DeVos This is the story of two fishermen, Frank and Joe. Frank loves fishing. He goes fishing every day. He’s always trying new fishing spots. Sometimes he catches a lot of fish and sometimes he catches none. But that doesn’t really bother him; he just gets up the next morning and goes fishing again. He reads books and magazine articles about fishing, and hires a fishing guide. Frank invests in new lures and fishing poles. He even tried fishing with a net, then with a spear. Sometimes he uses a fly and sometimes live bait. Sometimes he fishes in a lake and sometimes in a stream. He’s even tried the ocean. Sometimes Frank wonders if he isn’t wasting his time and money trying to catch these crazy fish. But most of the time he enjoys it. If the fish he catches is too small, he throws it back and rebaits his hook. If the fish is the right size, he takes it home, and cooks a delicious meal. If he has more than he can eat, he puts them in a freezer. Occasionally, he fishes all day in the cold rain and trudges home empty handed, feeling like he’ll never catch another fish. Every now and then, Frank catches a whopper, and feels like he just won the lottery! Frank finds that as time goes on, he gets better and better at fishing. He learns the techniques that suit him best, which lures work in which locations, the best time of day to catch each kind of fish, and which spots are best in different kinds of weather. He knows that he can never think that he’s found “the secret” because the fishing is always changing. Fishing holes that were great a year ago are now dried up. Rivers where he couldn’t catch a cold before, are now full of fish. Interestingly, every time Frank goes fishing, he meets other fishermen, who are only too happy to share fishing stories and to tell him what techniques and locations have—or have not— been working for them. But most of all, he just keeps fishing every day. Now let’s meet Joe. He isn’t at all sure that he likes fishing. He wishes someone else would catch the fish and just let him cook and eat the fish, which is, he explains, what he is trained to do. He doesn’t feel he should have to fish. When someone proposes fishing, Joe wants to know how much it costs to go fishing and if he will be guaranteed to catch fish that day. If he does go fishing, he doesn’t bother to learn anything about it. He rents a pole and some lures, making sure he gets the cheapest ones possible. He goes to the nearest body of water, because he can save money by walking there instead of driving. He casts his line in the water a few times and — when he doesn’t catch any fish —drops his pole in disgust and declares “Fishing doesn’t work!” He does this once a year. A fishing guide offers to take Joe to the best spots and teach him what he knows about fishing, but Joe turns down the guide because he’s too expensive and he won’t guarantee how many fish Joe will catch. The guide does offer one guarantee to Joe, however: “I guarantee that if you don’t go fishing, you won’t catch any fish.” In your opinion, who will catch more fish, Frank or Joe? When it comes to marketing your services, are you Frank or Joe? Are you simply interested in cooking and eating the fish, but not interested in investing the time and money that is required to ensure a steady supply of fish? You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of showi Six Ways to Get the Best Results from Your Grant Writer es in a stream. He’s even tried the ocean.1. Budget and Annual ReportBe prepared to provide your grant writer with your organization’s annual report, and audited financial statement. The financial statement should be available to the grant writer in a common electronic spreadsheet format such as Microsoft Excel or Corel Quattro. If you give your grant writer a paper or word processor copy of your budget, he she may have to spend time converting it to spreadsheet format; and since grant writers are generally paid by the hour, that will be time lost from the essential grant writing activity or increased cost to your organization.2. Mission Statement and Organizational HistoryProvide your grant writer with an electronic copy of your organization’s mission statement and a brief history of your organization. When was your organization started? Who started it? Why?If your organization is a nonprofit organization, how has it historically accomplished its mission? For example, if it is a chorale society, how many concerts has it performed each year? What was the attendance? Has it performed at retirement homes, hospitals, or orphanages?< Sometimes Frank wonders if he isn’t wasting his time and money trying to catch these crazy fish. But most of the time he enjoys it. If the fish he catches is too small, he throws it back and rebaits his hook. If the fish is the right size, he takes it home, and cooks a delicious meal. If he has more than he can eat, he puts them in a freezer. Occasionally, he fishes all day in the cold rain and trudges home empty handed, feeling like he’ll never catch another fish. Every now and then, Frank catches a whopper, and feels like he just won the lottery! Frank finds that as time goes on, he gets better and better at fishing. He learns the techniques that suit him best, which lures work in which locations, the best time of day to catch each kind of fish, and which spots are best in different kinds of weather. He knows that he can never think that he’s found “the secret” because the fishing is always changing. Fishing holes that were great a year ago are now dried up. Rivers where he couldn’t catch a cold before, are now full of fish. Interestingly, every time Frank goes fishing, he meets other fishermen, who are only too happy to share fishing stories and to tell him what techniques and locations have—or have not— been working for them. But most of all, he just keeps fishing every day. Now let’s meet Joe. He isn’t at all sure that he likes fishing. He wishes someone else would catch the fish and just let him cook and eat the fish, which is, he explains, what he is trained to do. He doesn’t feel he should have to fish. When someone proposes fishing, Joe wants to know how much it costs to go fishing and if he will be guaranteed to catch fish that day. If he does go fishing, he doesn’t bother to learn anything about it. He rents a pole and some lures, making sure he gets the cheapest ones possible. He goes to the nearest body of water, because he can save money by walking there instead of driving. He casts his line in the water a few times and — when he doesn’t catch any fish —drops his pole in disgust and declares “Fishing doesn’t work!” He does this once a year. A fishing guide offers to take Joe to the best spots and teach him what he knows about fishing, but Joe turns down the guide because he’s too expensive and he won’t guarantee how many fish Joe will catch. The guide does offer one guarantee to Joe, however: “I guarantee that if you don’t go fishing, you won’t catch any fish.” In your opinion, who will catch more fish, Frank or Joe? When it comes to marketing your services, are you Frank or Joe? Are you simply interested in cooking and eating the fish, but not interested in investing the time and money that is required to ensure a steady supply of fish? You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of show Simple Steps to Build a Better Team - Part 3 (of 3) hat he’s found “the secret” because the fishing is always changing. Fishing holes that were great a year ago are now dried up. Rivers where he couldn’t catch a cold before, are now full of fish.In part 1 you saw the factors that have a negative influence on a team. In part 2 you saw a number of simple measures that you can implement to have a positive effect on your team. Now that your team is better motivated and more coherent you can consider the skills development. For this, it is better to outsource specialists.Often staff see team building as a day off or as a necessary evil. Either way, the mindset is wrong for learning and your company will be wasting money. The reason for this is that many team building companies employ what can be termed 'touchy-feely' games as the basis of team building. For a start, this can alienate many of your staff who could feel uncomfortable when their face is a few inches from someone else's backside or if they have to hold hands with someone of the same sex. Also, these may well have been appropriate when teambuilding was in its infancy. These are then followed by problem solving exercises like build a chair that is strong enough to support a car from half a sheet of newspaper. These allegedly help to build lateral thinking skills. Generally they lead only to partial success with several Interestingly, every time Frank goes fishing, he meets other fishermen, who are only too happy to share fishing stories and to tell him what techniques and locations have—or have not— been working for them. But most of all, he just keeps fishing every day. Now let’s meet Joe. He isn’t at all sure that he likes fishing. He wishes someone else would catch the fish and just let him cook and eat the fish, which is, he explains, what he is trained to do. He doesn’t feel he should have to fish. When someone proposes fishing, Joe wants to know how much it costs to go fishing and if he will be guaranteed to catch fish that day. If he does go fishing, he doesn’t bother to learn anything about it. He rents a pole and some lures, making sure he gets the cheapest ones possible. He goes to the nearest body of water, because he can save money by walking there instead of driving. He casts his line in the water a few times and — when he doesn’t catch any fish —drops his pole in disgust and declares “Fishing doesn’t work!” He does this once a year. A fishing guide offers to take Joe to the best spots and teach him what he knows about fishing, but Joe turns down the guide because he’s too expensive and he won’t guarantee how many fish Joe will catch. The guide does offer one guarantee to Joe, however: “I guarantee that if you don’t go fishing, you won’t catch any fish.” In your opinion, who will catch more fish, Frank or Joe? When it comes to marketing your services, are you Frank or Joe? Are you simply interested in cooking and eating the fish, but not interested in investing the time and money that is required to ensure a steady supply of fish? You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of show What is Web Branding Anyway? ents a pole and some lures, making sure he gets the cheapest ones possible.The whole idea behind web branding will find several differing viewpoints. For some experts the basis of web branding is a means of identifying your site by providing an image association. This is typically accomplished through a logo that is used liberally on your site as well as through all forms of advertising.This viewpoint is valid, but may be better understood as impressions. This would be the number of occasions that a person is exposed to your brand.There is a second understanding of branding that seems to be understood by those under twenty-five, but is less understood by those who stand to gain the most benefit from the process of branding. Web branding is essentially the emotional connection you can create between your product and the consumer.Do you remember the Smuckers® commercials. The kindly, grandfatherly voice of Mason Adams took us down memory lane. Even if we never experienced a moment of what was seen on screen we had an emotional connection with a jar of jelly.The repeated use of Mason’s voice along with recurring themes allowed an entire generation to identify in a positive way with a prod He goes to the nearest body of water, because he can save money by walking there instead of driving. He casts his line in the water a few times and — when he doesn’t catch any fish —drops his pole in disgust and declares “Fishing doesn’t work!” He does this once a year. A fishing guide offers to take Joe to the best spots and teach him what he knows about fishing, but Joe turns down the guide because he’s too expensive and he won’t guarantee how many fish Joe will catch. The guide does offer one guarantee to Joe, however: “I guarantee that if you don’t go fishing, you won’t catch any fish.” In your opinion, who will catch more fish, Frank or Joe? When it comes to marketing your services, are you Frank or Joe? Are you simply interested in cooking and eating the fish, but not interested in investing the time and money that is required to ensure a steady supply of fish? You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of show Underemployment: What It Is And How You Can Avoid It the time and money that is required to ensure a steady supply of fish?Underemployment is typically when you are employed in a position that does not fully utilize your skills and is probably a position that is not ideally suitable for you at this stage in your career.Letting yourself get into this position can cause bigger problems long term but can also have immediate negative effects on your career.In my experience as a recruiter, being underemployed can be dangerous for a number of reasons, all of which can hurt your long-term success:People who experience underemployment tend to feel desperate to change jobs.When you are desperate to change jobs, this usually becomes obvious to hiring managers and recruiters. No one wants to hire a desperate person but if you know you are underemployed, you can manifest it by applying for any job that comes your way which may simply lead you to accept another ill-suited position.When you suffer from underemployment, it can be difficult to convince a potential hiring manager that you’re capable of a more senior position.Afterall, if you should have a more senior position, why don’t you? I’ve interviewed job searchers You don’t have to be a marketing wizard. You don’t have to have all the tools, all the knowledge, all the methods, all the experience, all the personnel and all the expertise. You don’t have to do anything, except one thing: You have to be committed to catching fish. Try, Try Again “Nothing in the world can take the place of perseverance. Talent will not; nothing is more common than unsuccessful men with talent. Genius will not; unrewarded genius is almost a proverb. Education will not; the world is full of educated derelicts. Persistence and determination alone are omnipotent.” — Calvin Coolidge The secret to successful marketing is the same as the secret to success in all other areas of life—persistence. Or, to quote Woody Allen, “Ninety percent of success in life consists of showing up.” With a few exceptions, people fail for one simple reason: They give up. They are not really committed. They give it a half-hearted try, willing to “accept” huge success as long as they don’t have to work too hard, or spend too much money or accept any disappointments. Imagine an actor who doesn’t commit to his craft, doesn’t spend any money on lessons, doesn’t rehearse or train, doesn’t invest in make-up or costumes, doesn’t do any research on what roles are being cast or what the name of the show is. Now imagine this actor goes to a couple of open auditions to Broadway shows, and is disappointed not to be offered the leading role immediately, and decides to stop going to auditions. Now imagine another aspiring actor. He reads the trade magazines. He circles all the auditions that might want someone like him. He prepares material that is similar to that of the show being cast. He shows up on time, dressed like a professional. When he’s turned down, he smiles and thanks the casting director for the opportunity to try out. He does this once a week, every week, forever. He’s losing money. He has to work nights as a waiter. He has to invest in his wardrobe and his acting lessons and in a printed resum? and photo card. But he keeps going and he keeps getting rejected. What do you think? Who will succeed? Our second actor might or might not succeed. But my guess is that eventually he’ll get a couple of call-backs. Then he’ll get a role. Then, depending on his talent, his continued hard work and luck, maybe he’ll get to be a star. There’s no guarantee—except the guarantee that applies to the first actor: He’s guaranteed to fail. He’s given up. He’s not even showing up. That’s just how it works with marketing. I have seen it over and over again. If you market consistently, you will succeed and you stand a good chance of succeeding spectacularly. If you don’t, well, you can sit home and wait to win the lottery. A Long and Winding Road Can you succeed by working hard for 40 years and building your network, your reputation and your referrals? Yes, but you can fail that way too. At best, it’s going to be a long hard slogging. In my job, I come into contact with thousands of attorneys each year, and what I see is always the same. The ones who market consistently get the clients and the revenue. The ones who don’t, don’t. You must be committed, not just interested. You must be willing to accept disappointment. But in the big picture, you will succeed. Think about friendship. If you go out into the world with a consistently friendly attitude, you’ll be disappointed a fair amount of the time. You’ll meet people who mistake your friendliness for gullibility and seek to take advantage. You’ll meet people who reject your friendliness because they are angry, or disappointed in their own lives, or bitter. You’ll meet people who don’t like your looks or your accent. You’ll meet people whom you don’t want to have anything to do with. But over the course of a year, if you go about your business with a consistently friendly attitude, I guarantee you’ll have made a many new friends, as well as friendly acquaintances, and you’ll feel great about yourself and the world. But if you ask me, “If I go to this party tonight, and I’m friendly, can you guarantee I’ll make 20 friends?” Or, “If I’m friendly to Joe, can you promise he’ll like me?” The answer is no. I can’t guarantee any individual transaction. I can only guarantee that in the long run, you’ll have lots more friends than someone who doesn’t try. Marketing is just like that. The military theorist Carl vo
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