Casual Articles - Business

What to Consider When Choosing a Futures Broker
Are you interested in making money through the trading of commodity futures? If you are, you are advised to do business with a futures broker. A futures broker can assist you, in more ways that one. For instance, a futures broker can give you professional tips, as well as even do your trading for you!While it is advised that you use the assistance of a futures broker, you need to proceed with caution. In the United States, there are a number of futures brokers who would lov

on your daily ‘to do' list and have 10 items to do. You may notice (now that you're thinking about it) that around 2 of the items on this list may give you 80% of the return (either financially or otherwise) than the rest. So what happens now if you focus 80% of your effort on the top 20% items on your list?

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if yo

Unemployment Blues: Mind Over Mood
Our lives are tranquil and smooth so seldom, it seems. We have our ups-and-downs, our good days and bad days, our sunny moods and black moods. The less we swing in opposite directions, the happier we tend to be. The biology of our bodies craves balance and consistency -- changes in our thought patterns and emotions interrupt the regularity of our nerve pathways leading to chemical inbalance and internal disturbances.Stress kills because stress is the critical determinant of ho

Although it has been talked about again and again in business circles, the 80/20 rule never ceases to amaze me. You may be amazed too. If you're not up to speed on the 80/20 Rule yet, read on. You may also know it as the ‘Pareto Principle' after Vilfredo Pareto who made the interesting discovery that people seemed to split into the top 20% ‘movers and shakers' (both monetary and influentially) and the bottom 80% who could be defined as ‘followers'. This was just the start though, as through further research he (and others) discovered that most economic activity followed this model as well.

One thing I noticed years ago, when I worked in manufacturing distribution was that 20% of our distributors were responsible for 80 % of the sales throughout the UK. That, additionally, 20% of the distributors were responsible for 80% of the headaches! Having worked with many other businesses too it is also rather uncanny but interesting to note that:

20% of your sales team are likely to be accountable for 80 % of your sales results

20% of your own time is likely to give you 80% of your productive results each day

20% of your own client base will account for 80% of your sales

20% of your products will return 80% of your profits

20% of your own client base will likely give you 80% of your daily/weekly hassle!

20% of each of your team member's time is likely to give 80% of their results too

The list goes on and on and becomes more interesting as we look more deeply into each business model. Interesting because once we focus on these areas within our businesses you may find that you start to see patterns emerge that you hadn't noticed before...

So how could this principle be really powerful for you?

Imagine, for a moment, if it were possible for you to be another person looking at your own business from the ‘outside in'. A third party look at your business, your team and yourself, if you like.

Consider three headings: ‘my business', ‘myself' and ‘my team' and under each heading (bearing in mind the examples given above) how many variations of the 80/20 rule can you spot in your business, yourself and your team?

Once you have exhausted your thought in these areas, then why not try this:

Picking each identified area in turn, what happens if you now home in on that 20% with 80% more focus?

Let me give you an example of what I mean:

You have decided to focus on your daily ‘to do' list and have 10 items to do. You may notice (now that you're thinking about it) that around 2 of the items on this list may give you 80% of the return (either financially or otherwise) than the rest. So what happens now if you focus 80% of your effort on the top 20% items on your list?

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if you

Children At Work: Looking at Child Labor in the Victorian Age
Today, it isn’t that uncommon for some children and teenagers to work. They may earn extra money by baby-sitting, doing yard work, or maybe even walking dogs. Others, once they go on to high school, may go to work in their local grocery store, malls, or food chains. However, in the Victorian Age, it wouldn’t seem at all strange to see children as young as five or six, go to work full-time (sometimes sixteen hours a day!) in often dangerous conditions.As you read, ask yourse

go, when I worked in manufacturing distribution was that 20% of our distributors were responsible for 80 % of the sales throughout the UK. That, additionally, 20% of the distributors were responsible for 80% of the headaches! Having worked with many other businesses too it is also rather uncanny but interesting to note that:

20% of your sales team are likely to be accountable for 80 % of your sales results

20% of your own time is likely to give you 80% of your productive results each day

20% of your own client base will account for 80% of your sales

20% of your products will return 80% of your profits

20% of your own client base will likely give you 80% of your daily/weekly hassle!

20% of each of your team member's time is likely to give 80% of their results too

So how could this principle be really powerful for you?

Imagine, for a moment, if it were possible for you to be another person looking at your own business from the ‘outside in'. A third party look at your business, your team and yourself, if you like.

Once you have exhausted your thought in these areas, then why not try this:

Picking each identified area in turn, what happens if you now home in on that 20% with 80% more focus?

Let me give you an example of what I mean:

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if yo

How to Keep Your Customers For a Quarter of a Century
Add Value in Everything You do.A few days ago as I was reading an E-Book on effective Internet Marketing I remembered an incident that had a profound impact on my life. The incident took place shortly after I had completed my studies and left college.One of my best friends and his wife came to visit my wife and myself at our home. At the time we had a five year old son. After chatting for a while and playing our favourite card game, UNO, my friend asked, “Why don’t we j

ucts will return 80% of your profits

20% of your own client base will likely give you 80% of your daily/weekly hassle!

20% of each of your team member's time is likely to give 80% of their results too

So how could this principle be really powerful for you?

Imagine, for a moment, if it were possible for you to be another person looking at your own business from the ‘outside in'. A third party look at your business, your team and yourself, if you like.

Once you have exhausted your thought in these areas, then why not try this:

Picking each identified area in turn, what happens if you now home in on that 20% with 80% more focus?

Let me give you an example of what I mean:

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if yo

Time Is Of The Essence In Business
You must have heard the expression that time is money. Well in business. You can multiply it tenfold. There are so many things to be done in business that the little things often get done instead of the important things such as marketing and selling. Time is so important because the longer you are away from what you should be doing, the longer you are not making money. You often hear an employer saying that every day you are costing me x amount of money. This is so very true and even

rson looking at your own business from the ‘outside in'. A third party look at your business, your team and yourself, if you like.

Once you have exhausted your thought in these areas, then why not try this:

Picking each identified area in turn, what happens if you now home in on that 20% with 80% more focus?

Let me give you an example of what I mean:

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if yo

Sole Proprietorship, Partnership, or Corporation?
Starting a new business can be a daunting task. There are hundreds of decisions to be made. Who, what, where, and when are not just for English class anymore. Another question that must be answered is “What form will my business be?” There are several factors to be considered and there are pros and cons for each type. In this article, I will try to briefly explain the differences between the business forms.Sole Proprietorship: Most people are fami

This tends to come up time and time again with business owners when we discuss the difference between working ‘hard' and working ‘smart'.

Sooooo......if you worked smart on the ‘right things' what could you now achieve in your business that you have previously found difficult?

What might happen if you applied this idea to all areas of your business? How might it change the way you look at your business and your business results? It's an interesting thought, is it not?

To Your Success,

Mike Yates

Business Coaching gives you: Training-Inspiration-Motivation-Education

121 Business Ltd, Unit 33 Stephenson Road, St Ives, Cambs, PE27 3WJ

T: 0870 16 24 121 F: 0870 16 24 122

E: info@121business.co.uk W: http://www.121business.co.uk/

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Setting up a pet-based home business is not as hard as it may appear. This article provides a summary of the thngs you need to take into account in order to start up this form of business.

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