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  • Hub You - The Number One Key for Business Success in the 21st Century

    Use of Postcards as a Promotional Tool
    Most businesses sometimes overlook the power of promotional postcards. They don’t realize the effectiveness of this small, lightweight object.Using postcards as a promotional tool could be very rewarding because it is very easy to make, effortless to use and offer fast message delivery. Let us explain in detail the benefits of using promotional postcardsPostcards are easy to make. The size of the postcard made it very easy to make. But you have to think very hard on what you would want to put on the postcard because of the smallness of the size. You should keep in mind that you only need to put necessary things. Things that you know would grab your readers’ attention.It can also be used to promote your business any way that you want it to be. You can make it a response postca
    e seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him ab

    Become Familiar with the Statement of Cash Flows
    Many people are familiar with two important financial statements, the Profit and Loss and the Balance Sheet. Fewer of them recognize the Statement of Cash Flows (also referred to as the Sources and Uses Statement). Additionally, while the physical layout of the statement has many variations, the general content is constant. It will be reviewed here. We will also discuss what makes up the statement, what it is used for and some limits.The Statement of Cash Flows looks at three different cash activities: the operating, investing and financing activities. From the activities, cash is either received (called inflows) or spent (called outflows).Cash flows from the operating activities are those generated or spent on the main business of the entity. These might be from the sale of p
    OK, that first assumes you have a real business, one that has lasted at least five years. About ninety percent of the new businesses founded go broke before their fifth anniversary, so I am excluding them here. The companies who make it past their fifth anniversary have more than just potential!

    They have proven that theirs is a viable business proposition, they had the money to out last the vast majority and they know a lot more than the average about running a business. Now it's time to really go to work - to build on what's working.

    The number one key for business success in the 21st Century is the same as it was at the beginning of recorded business history, it's just easier to achieve now that information is more abundant than ever and high speed Internet connections make it accessible. But just because it's available and does not mean we all take advantage of it.

    Since time began those who took advantage of current information outlived those who stuck to the old ways. The saber tooth tiger today is information knowledge. Either we tame it and use its power to help us or it will eat us alive. It is really that simple.

    If knowledge, technology, planning strategies, etc. are available and we do not seek it out or do not act on it, whose fault is that and why? Remember the cartoon strip Pogo? He had the answer when he said, "We have met the enemy and he is us." But who is us? Us, means everyone, whether we're involved directly in the business as an owner or employee, a non-involved stakeholder, or a part of the advisory team.

    When there is already more information than seems necessary it is often counterintuitive to ask for even more. In part because most of us equate new information with either new messengers bringing us more and more of what we already know (just a new take on it) or our current advisors and vendors bringing additional `new' advice.

    Yet, access to help is just a click away, available anonymously so you get the knowledge in an unbiased format. Search engines such as Google and databases like our database of over 2,000 articles for family business. I have spoken to business owners who continually use public, private, and industry databases to protect their current position and look for new and better ways of doing things. They read magazines and newsletters too, reaching out for help without even having to identify themselves.

    In addition, growing numbers of your contemporaries are online and easier to reach. These are the folks who may have already found the answers you are seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him abo

    Please Allow Me To Introduce...
    Too few people are introduced effectively when giving a speech or a presentation. I always advise speakers to write their own intros. It’s sometimes the only commercial you will get.Additionally, I instruct them to print reading instructions on the page with the intro. Simply say, “Please read as written.” Funny thing, when we have that instruction on the intro, people will work so much harder to do it well – and just the way you have written it. It beats some clown saying, “Well, here’s an old buddy-buddy of mine. Never dreamed we’d be paying him to tell us anything about this subject. Let’s give a warm welcome to this fool!”Being the introducer requires that we create an atmosphere of mutual respect between the audience and the speaker. We need to answer several questions: Why th
    eginning of recorded business history, it's just easier to achieve now that information is more abundant than ever and high speed Internet connections make it accessible. But just because it's available and does not mean we all take advantage of it.

    Since time began those who took advantage of current information outlived those who stuck to the old ways. The saber tooth tiger today is information knowledge. Either we tame it and use its power to help us or it will eat us alive. It is really that simple.

    If knowledge, technology, planning strategies, etc. are available and we do not seek it out or do not act on it, whose fault is that and why? Remember the cartoon strip Pogo? He had the answer when he said, "We have met the enemy and he is us." But who is us? Us, means everyone, whether we're involved directly in the business as an owner or employee, a non-involved stakeholder, or a part of the advisory team.

    When there is already more information than seems necessary it is often counterintuitive to ask for even more. In part because most of us equate new information with either new messengers bringing us more and more of what we already know (just a new take on it) or our current advisors and vendors bringing additional `new' advice.

    Yet, access to help is just a click away, available anonymously so you get the knowledge in an unbiased format. Search engines such as Google and databases like our database of over 2,000 articles for family business. I have spoken to business owners who continually use public, private, and industry databases to protect their current position and look for new and better ways of doing things. They read magazines and newsletters too, reaching out for help without even having to identify themselves.

    In addition, growing numbers of your contemporaries are online and easier to reach. These are the folks who may have already found the answers you are seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him ab

    Referral Strategies - Part 4 The Final Step
    Quick Review Part 1 covered 6 Powerful Characteristics of Referral Generation and How to Make it WorkPart 2 covered the Record Breaking referral method I personally used to get 63 Referrals from One AppointmentPart 3 covered a Reward System along with 25 Gift Ideas and the Psychology Behind What I Believe is The Most Powerful Gift of All***Please put all of these steps into action in your business BEFORE you worry about this one.Assuming you have read the previous 3, thank you, and here's step # 4.Systemize and Duplicate This part is not rocket science.Just document exactly what you do. Write down the steps involved. Flowchart the process so anyone can understand how you reward people for bringi
    is that and why? Remember the cartoon strip Pogo? He had the answer when he said, "We have met the enemy and he is us." But who is us? Us, means everyone, whether we're involved directly in the business as an owner or employee, a non-involved stakeholder, or a part of the advisory team.

    When there is already more information than seems necessary it is often counterintuitive to ask for even more. In part because most of us equate new information with either new messengers bringing us more and more of what we already know (just a new take on it) or our current advisors and vendors bringing additional `new' advice.

    Yet, access to help is just a click away, available anonymously so you get the knowledge in an unbiased format. Search engines such as Google and databases like our database of over 2,000 articles for family business. I have spoken to business owners who continually use public, private, and industry databases to protect their current position and look for new and better ways of doing things. They read magazines and newsletters too, reaching out for help without even having to identify themselves.

    In addition, growing numbers of your contemporaries are online and easier to reach. These are the folks who may have already found the answers you are seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him ab

    Computer Furniture for Work-at-home Professionals
    The past couple of decades have seen the use of computers in homes and offices multiplied. You can have your rooms decked up with all kinds of exotic Amish made furniture. But when it comes to the furniture for your computers, most of the times, we tend to settle for inferior quality. And that, if I may add, is an absolutely wrong approach and a great compromise on your health.We are talking about the times when work-at-home professionals are constantly on a rise and computer is an indispensable tool in discharging their professional duties. This, often, results in spending long hours in front of the computer. And, if your experience in working with the computer is painful to any of your body parts, it could spell long-term health scare. Style and budget are important when selecting comput
    to help is just a click away, available anonymously so you get the knowledge in an unbiased format. Search engines such as Google and databases like our database of over 2,000 articles for family business. I have spoken to business owners who continually use public, private, and industry databases to protect their current position and look for new and better ways of doing things. They read magazines and newsletters too, reaching out for help without even having to identify themselves.

    In addition, growing numbers of your contemporaries are online and easier to reach. These are the folks who may have already found the answers you are seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him ab

    Present Your Product On A TV Show for FREE
    Would you like to get your new or existing Internet business moving nearly at the speed of light? Do you know what is required to get your business noticed and how to build your personal credibility fast, making clients secure enough to purchase from you over the Internet?The Simple AnswerThe primary answer is putting potential clients in a comfort zone relative to your product quality and your reputation as an authority in your marketing niche.One SolutionMarket it on television. There are many ways to do this, such as Infomercials, guest appearances on talk shows like Oprah, short form (1 minute and under) TV commercials, long form (2 minutes up to 30 minute infomercials), and etc. Most online businesses can’t afford the expense of these types of advertising or hav
    e seeking. Even if you do not know them personally, you can reach out to them. Who better to ask for help than people just like you?

    I am so impressed with the lengths to which some trade associations have gone to build an online community of their members. One association, working with a committee of its members, created a technology certification program. These members who participate win with better trained employees and so do their customers and potential customers.

    Recently a trade association exec (who prefers to remain anonymous for reasons that will become obvious) made an interesting observation. When I asked him about the adoption of technology by their members (a bellwether activity in most industries) he said, "10% of our members are as close to the cutting edge as their Fortune 1000 counterparts. About 20% will never adequately adopt the strategies required to compete, and will therefore go out of business. The remaining 70% are the ones we are concerned about."

    What did he mean? Seventy percent of the members wanted to take advantage of all that is available to them in order to compete, grow, and continue to succeed. The association was doing everything possible to help them. Access to ideas, vendors, techniques, and their fellow member were just the tip of the iceberg.

    As a likely member of the 70% (the 20% are not reading this article) you attend industry events where members of the 10% take the platform to tell you their strategies and solutions. You make notes and think about how their ideas might apply to you. With notebook in hand you approach the front of the room only to be swept aside by others who are also eager to catch the speakers' ear. So, you go back home and try to reconstruct these incomplete ideas for your managers and employees.

    Now, you can track the speaker down get his or her email address and contact them when you have a chance to put your thoughts in order. If they are like the industry leaders I have met, they will gladly share their knowledge with you. Email makes it possible for them to respond when it is convenient for them making their answers to your questions more thoughtful.

    The relationship may grow into a powerful asset in the ongoing development of your business. When I take a minute to think about it, there are several business owners who are important to me personally a couple that I have never even met that I communicate with regularly. The value of these relationships makes all of my investments in technology worthwhile and will yours too.

    Being willing to ask for help is the number one key, however it is your willingness to accept it and act on it - is what will have the impact. When your organization develops an environment where everyone - the owners, managers, and employees are looking outside the company for help taking advantage of the results that makes sense to everyone is human nature.

    Successful companies have always looked both inside and outside the organization for tips, techniques, and strategies to help them grow and keep their successful business. Today the velocity of information is so great that "picking up a few ideas in the exhibit hall at next wi

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