Tags |
|
|
Links |
|
|
Hub You - Comparing Running a Business to Playing Poker
What do all these off the wall topics have in common? -Learn to put on horseshoes -Get your child into commercials -Home designs from the 1800's -How to build a skateboard half-pipe -Making money using a food cart -How to make a play house for your cat -Knitting patterns What do these topics have in common besides they are each individually horribly boring to 99% of the population
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that
As the population of the world increases the basic needs of the population (food and shelter) are met with increasing ease. One result of this is that less of the population is employed in providing these basic needs. At the same time more and more people are living longer and in better health. A great majority of these people want or must work to keep pace with the ever-increasing cost of living.More people living on less disposable income with less essential work fo
- You have opponents, or competitors, to contend with and evaluate.
- You have a limited number of chips, or money, to begin with.
- You must have the knowledge and experience to play the game/business
- You must know the rules and when to bend or re-interpret them.
- You must know your own limitations and weaknesses.
- You must know when to hold them and when to fold them.
- You must know to take chances and go all in.
- You must be able to judge the odds of winning.
- You must be able to accept losses.
- You must outlast your opponents to win.
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that’
ChairmanChalr? Recruitment OutsourcingA couple of months ago, IBM announced that it was purchasing a 9,000-person call center named Daksh with operations in India and the Philippines. The acquisition is interesting for two reasons. First, IBM previously had no significant call center capacity and with this one purchase has become a major player in the booming offshore industry. Second, the price IBM paid was considered by most people to be irr
- You have opponents, or competitors, to contend with and evaluate.
- You have a limited number of chips, or money, to begin with.
- You must have the knowledge and experience to play the game/business
- You must know the rules and when to bend or re-interpret them.
- You must know your own limitations and weaknesses.
- You must know when to hold them and when to fold them.
- You must know to take chances and go all in.
- You must be able to judge the odds of winning.
- You must be able to accept losses.
- You must outlast your opponents to win.
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that
Starting a fitness equipment business in Houston is a good business idea, as most people including teenagers have realized the importance of staying fit and healthy. As more people are bordering on being obese, they prefer to buy fitness equipments to exercise from home as it saves traveling time to and fro to the gym, saves membership fees, and they can work out at their convenience.Tips for Starting a Fitness Equipment Business in Houston:• The first recommen
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that
You already know that you want your own business. You have carefully analyzed your options and chosen the business that is the right one for you. You have completed the first basic steps and are ready to really get started. If you want to be successful from the very start, you’ll need at least a basic marketing plan.You’ll notice that I said “basic marketing plan” and not “full blown business plan.” This is because I am not of the belief that a micro business needs to
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that
Corporations and small businesses know that one way to keep and increase loyalty to their businesses and brands is to treat their customers and clientele like family. And well families often send out Holiday Cards to their friends and family.Businesses have different needs for their Christmas and Holiday Card programs and their public relations or investor relations divisions often hire out these services and it makes for a very good business. But marketing to corpora
The last relates back to the inevitable truth that 4 out of 5 new businesses will fail, and many in the first year. It’s your job to overcome those odds. And speaking of odds, that’s what business and poker is all about. There are various odds that can be researched, based on previous and existing businesses. You can look at how long the business has been successful and what it did to get there. Check their history and the other competitors. What was the secret to their accomplishments? What can you learn from them?
It would be the same in poker. Each player has a unique style or attitude that allows them to move forward. For some, it’s their ability to read and judge their opponents. For others, it’s the art of keeping track of the play and various mathematical formulas that give them an edge. For others, it’s a innate instinct for picking up “tells” or certain gestures that give away the player’s true hand. In business, that would be the anticipation of industry trends or the manner that other businesses react and grow with the changing environment. How
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.iadvice.info/article/44512/iadvice-Comparing-Running-a-Business-to-Playing-Poker.html">Comparing Running a Business to Playing Poker</a>
BB link (for phorums):
[url=http://www.iadvice.info/article/44512/iadvice-Comparing-Running-a-Business-to-Playing-Poker.html]Comparing Running a Business to Playing Poker[/url]
Related Articles:
Business Debt Settlement - Choosing the Right Service Provider for Business Debt Settlement
Small Business Computer Consulting: the Sweet Spot
Bookmark it:
|